Credit Default Swaps Explained in 2 Minutes in Basic English

[@AfzalHussein]

Get my 'Introduction to Asset Management' 70-Page career guide here: beacons.ai/afzalhussein

[@danieleokwara5210]

After years, I can finally say that I’ve understood the concept..

[@davidabovian9437]

The Big Short is easily my favorite finance-related movie of all time and I had to watch it multiple times to understand this concept 😂. Thanks for clearing it up Afzal!

[@thetimemaster1475]

The Big Short is your favorite finance movie of all time but it’s my favorite movie of all time (or at least one of them). I also had to watch it 10+ times 😂

[@FBi_.]

Are there any other finance movies you would recommend??

[@KP99]

I haven't watched The Big Short yet ..does it go into depth about these various financial products, or is it really just basic stuff for the general layman audience?

[@monsieurx9381]

After years of hearing the 2008 crisis with more or less accurate descriptions, you’ve made it very clear at the end of the video. Man thank you so much?¿

[@rudyb403]

What I love about your videos is that they’re short and straight to the point .. keep up the good work

[@nzingaq]

Came here because of the Credit Suisse story. Powerful explanation!

[@nicolasd2079]

Just watched The Big Short yesterday this video comes on time aha!

[@zeeshaanmir4056]

I just watched it from reading your comment lol

[@BertRussie]

I am in the middle of watching it. Just came here to clarify so that I can gi back and understand everything 😅

[@sandeepjacob6371]

@@BertRussie same case here...lol

[@alexngulube4530]

The big short is the reason am here 😅😅🤣

[@alien3143]

I just started movie N came to know abt it so that I can understand mve better

[@suchona99]

genuinely the best explanation I found on the internet, what a legend you are

[@tomija13]

I went through several articles to understand the principle, but it finally clicked with me in this video! Thank you!

[@iluvcheese1216]

Im preparing for a law firm interview and was so confused by the term, so I spent ages finding the answer- little did I know I could’ve cleared it up in 2 mins by watching your video! You’ve just earned yourself a subscriber✨

[@TheDocRitchie]

this is the most head explodingly difficult thing i am trying to comprehend right now so thanks for a little bit of light, brother!

[@rohanroychowdhury6261]

Mate, your lectures and videos helped me to ace my personal interviews and secure a seat in one of the most prestigious BSchools in my country.

[@ACurioussCat]

Great explanation

[@sexiiliexi]

Wow how many lectures I wasted time comprehending this concept that you just simplified in 2 minutes. Bless your soul 🙏🏽

[@AfzalHussein]

Haha, thanks for watching! 👍🏽

[@ghazaalroy6475]

My lecturer just make everything so complicated hahaha, that's an easy explanation thanks

[@snapamericancandy_p3892]

One of the best yters mashallah. certi cl u make me understand these concepts in a couple of mins

[@marwan2losangeles]

God bless you my man, you stuck to your word and explained it simply. In 2 minutes you did what ~20 other KZbin channels (that I visited) couldn't do.

[@AfzalHussein]

Haha thanks!

[@garimashreshth9941]

Informative video. Please make more such video. Your explanation to the technical is simple and relatable. it's treat to learn about advance finance terms here.

[@AfzalHussein]

:)

[@aldairanselmo189]

@@AfzalHussein I would suggest the same.

[@holtsannon]

@@aldairanselmo189 yes it's awesome

[@julianamartinez99]

thank you!!! applying for a credit analyst internship and this saved me

[@sitiaisyahmuhammadkhalil7293]

Thank u very much! why i just discovered this channel 😭 may God bless u

[@AfzalHussein]

😊

[@matiassalazar5397]

Bro! You're a genius! I've finally understood. I can die happy now

[@isassetuba]

Perfect 👌 explanation

[@AfzalHussein]

Thanks!

[@husanshermatov466]

As always Afzal - great short sweet explanation! As I work in investment banking myself I can say that you are supporting the younger generation really well so when they apply for grad jobs they know what they are talking about during the interviews! I wish I had the chance to watch these kind of videos when I was applying to grad jobs and I had to learn all these stuff myself. Well done once again! Hope people are valuing your videos.

[@AfzalHussein]

Thanks! Appreciated 👍🏽

[@bertwitherspoon4454]

Great explanation of CDSs. I appreciate you--All the way from Dallas, Texas, USA. 🙂

[@403MC2]

Afzal, your channel is so impressive. I have no doubt you will be incredibly successful. I'm a law student from Canada, and your videos are incredibly wide-ranging and informative. Mashaallah brother keep up the great work!

[@AfzalHussein]

Jazak'Allah khair bro! Thanks for the support :)

[@LolaLeeTV]

Thank you. It was difficult for me to understand CDS until your video made it very clear.

[@karthikeyan2690]

That was so simple and easy to get the base , Thank you 🙏🏿

[@ahmedagouda]

Your explanations are very clear and to the point 👌

[@jasonyoon4910]

Hey! It was 4 minutes! Give me my 2 minutes back! However, still very helpful indeed. Thanks!!

[@04166561]

please do industry reaction for episode 6 onward, I love your review for each episode and have to watch it before I jump on to the next one.

[@erossman2846]

yes please!

[@rushiljain9423]

Great explanation, thanks Afzal!

[@cyclops.stonks]

This explanation is beautiful

[@AfzalHussein]

Haha, thanks!

[@deborahcunningham4110]

You are a wonderful human being, thank you for sharing your knowledge!

[@AfzalHussein]

Thanks!

[@modernteenageinvestor]

Really great yet simple explanation, great job🙌

[@AfzalHussein]

Thanks!

[@prashanthgurunath1703]

Thank you for this bro 🎉

[@keramatpurtork8682]

Thank you for your clear explanation!

[@FBi_.]

Thanks for explaining this so well

[@AfzalHussein]

👍🏽

[@seransathiyamoorthy8561]

I have seen countless videos on CDS etc. but I didn't fully understand till now haha, much appreciated bro!

[@AfzalHussein]

😊👍🏽

[@aanori]

Excellent explanation, thank you!

[@playerovgy]

These are brilliant videos mate!!

[@beancountershome6560]

Loved it, Afzal.

[@glennpells9712]

Good video. Nice and straightforward. Thanks.

[@crownfelicia6202]

Thank you ! this helped me so much

[@AfzalHussein]

💪🏽👊🏽

[@angelboy2901]

best explaination without dragging it too long

[@mrigankomandal710]

Lovely and simple !

[@AfzalHussein]

👊🏽

[@AG-hu5jj]

Credit default sawp in the context of SVB ... Cheers Mate!

[@julianmundt138]

I love this format❤️

[@arrrhaitch4563]

This was so so clear!!!

[@Luka-ek4cr]

Very helpful video; concise and explanatorily accurate.

[@AfzalHussein]

Thanks!

[@abramordona1695]

Crystal Clear! Keep shining Afzal 😎👌

[@AfzalHussein]

🙌🏽🙌🏽

[@jonwinder6622]

Ive been obsessed with how the 08 crash happened and been watching videos like this to have a better understanding on what happened lmao.

[@dayyankhan813]

Informative video to watch before you watch the Big Short

[@karens8364]

this explanation is awsome

[@bubbadj1]

Showing The Big Short in an undergraduate investment class. Well explained here and will assign this to students. Thanks.

[@aldairanselmo189]

Thank you do much, the moment I read the title I knew I would understand better with your explanation.

[@thriveinchange]

Great explanation! Thanks!

[@adcat8473]

So well explained

[@123meenasalih]

You have made me understand about finance in some way😩 thank you🙏🏽

[@williammarshall9475]

Thanks for explaining!☺️

[@AfzalHussein]

Pleasure!

[@robertopereira7527]

Thank you for the lesson!

[@jaystart8783]

Simple and plain ... thanks mate

[@olivialam3573]

amazing explanation!

[@saibrungi]

Thank you soo much...video was very much useful....

[@phiaowo3999]

excellent ! very good explanation thank you

[@K23T_autoservice]

👍🏾👍🏾👍🏾👍🏾 After watching a couple of CDS videos yours was the most understandable. Thank you!

[@Bod-XRP]

Very useful info..Thank you 👍

[@ritaquinnley387]

Simply the best

[@beyondrationalboundaries3322]

Great Explanation, loving these weekly videos☝️

[@mwaakalwiindi1589]

Succinctly explained, thank you

[@BrendanPramjee]

Nice one bruv👌

[@CamsCampbell]

🤓Perfectly explained. Now I can watch The Big Short again and have more of a clue about what's going on!

[@digimillzlegawd5109]

reading the big short by michael lewis and I know the book explained it, but I couldnt comprehend. Plus it kept referencing CDS' so this makes it easier going forward.

[@isadoracantonzahrrazuck7111]

really helpful! thanks 👍🏼

[@singh2189]

Made it very simple Explanation.

[@janegrey6440]

Well done explanation. Very succinct. 👍🏼

[@user-ew6rs1tm7z]

Had to watch this in .05x to keep it stuck in my brains

[@henrybenson911]

Very helpful, I just started as an apprentice at JP Morgan and I’m in the credit portfolio group team which we deal with CDS/XVA products

[@eddiec.9477]

Great info. one thing - the Fed did not have to step in to bail out Lehman Bros. The should have done nothing and let it all collapse. In bailing out Lehman Bros., they socialized the losses and rewarded the people who made risky bets. That set the tone for what just happened with the BOE this week. Pure criminal

[@ZimeEdits]

I love these! Thanks for the vid.

[@AfzalHussein]

Thanks for watching!

[@thetradingfloorinstituteby9453]

very good explanation

[@AfzalHussein]

Thanks!

[@sergiosantanamorales2995]

Great video!!!

[@greatplates7884]

Great explanation. It's funny that these are customizable be tween the two parties, which is why almost no one underatands them and yet they crashed fhe entire system.

[@littlevivi]

Great series!

[@cbdbotanicaltherapy]

Well done. Thank you.

[@mallen8501]

good explanation...

[@slamminjason]

great explaination

[@yunusnasir1961]

Thank you...

[@AfzalHussein]

Thank you!

[@dxn3365]

very helpful!

[@AfzalHussein]

👊🏽

[@dansteryoo]

🔥 damn best explanation ever. thanks!

[@AfzalHussein]

🙌🏽👊🏽

[@salemy300]

Thank you!! Can we request Options / Derivatives next !

[@maryamkhan351]

I agree! Would be extremely useful.

[@azadmajors2098]

Very nice video..

[@isiisi6797]

Great video and superb explanation! I also enjoy the fact that your making your videos more dynamic (as dynamic as it can get when it comes to finance😅). It personally really helps me to stay engaged with your videos, in comparison to some of your older vids

[@alterego2624]

Hey, nice series of short videos. I enjoy it a lot. Sometimes it could be helpful to show graphically the things you are explaining. Especially when there are a lot of parties that interconnect like in this case. Either way, thanks :)

[@kisstai922]

Thank you

[@akshayprabhakant819]

thanks a lot !!

[@kennethbrown3893]

great job

[@Leo777-d5j]

Easy to undertand👍

[@Ahitoshit]

This is a solid explanation! Reading about the terms in School Books always confuses me because of the language - but you do a great job of clarifying the concept of the financial mechanics. Maybe animations to the two minute Tuesdays is could help sell the point to Visual learners?

[@firstconsul001]

Hey Mr Hussein, Can you please make a video explaining Options in detail please. Like you know, in the money, out of the money, and other unique types of options.

[@bitanyagebremichael9600]

Brilliant!