CLOs

[@lm3049]

This is a good explanation. I’ve worked in the loan market for 30 years and it’s so important to explain these types of loans clearly. It’s important to tie them to the broader market to demonstrate how interconnected these markets really are.

[@iamevanclark]

Issuance of CLOs reached their highest level since 2005 this month (May 2021) - ratings agencies reviewing them for possible rating upgrades

[@musiclover0445]

Thank you, this was so helpful as I'm preparing for my job interview pray for me all you clean hearted people.

[@trick_treat]

this dude is the best teacher

[@wendyebanks1182]

Clear, concise and insightful. Thanks!

[@Karim72240]

loved the end, thanks man always great to listen to you, i am a french student in finance and you really helped me when i had to explained the securitization process in english. Thank you very much and of course make more videooooosss

[@divisharma2852]

I have seen tons of videos to understand the concept of CLO, but don't get much clarity. But the way you explain this is really amazing.

[@AbbasHashmigcc]

Just phenomenal! Thank you 🙏 the best CLO explanation ever !

[@manishagoyal7883]

Very nicely and clearly explained. Thank you!

[@sumeetbhagwat5585]

Excellent Explanation! Double thumps-up. Keep it up.

[@GrAcEvip]

Very well explained! English is not my mother tongue and finance is not my career field, but still, I understood it quite easily. Congrats!

[@10HSH]

Good explanation, I like the examples you mentioned.

[@JaimeMontoya01]

How cool. Thank you. I am engineering the 007 bond , block 3B :)

[@Checkmatenw]

Thank you 😭 Such a straightforward explanation. Much appreciated

[@BC-vt8xj]

Becoming increasingly relevant at the moment.

[@windbreaker5364]

B C why?

[@cryptofunded]

@@windbreaker5364 Just heard this wordon Bloomberg, Triple top in s&p monday might be BLOODY

[@windbreaker5364]

@@cryptofunded ??

[@cryptofunded]

Wind Breaker ?

[@windbreaker5364]

@@cryptofunded I don't get it

[@neilcowmeadow6488]

Superb explanation - thank you

[@persnickytee]

Thanks for the simplified explanation of CLO

[@udhayaraj2849]

Thanks mate.... Great explanation!

[@UnkleRiceYo]

We all love Paddy Hirsch

[@Thedebsays]

Can you be my finance teacher? Awesome presentation, thanks for make it so simple

[@ahmedtawfiq3625]

@debjani mitra where is he now...?

[@3ddon602]

Fantastic explanation! just curious how does John get paid and if its a percentage, typically what whould that percentage be?

[@jonun8950]

fantastic teacher. Could have included how the valuation is done as well

[@vicenterivera69]

LOVED the explanation!

[@hidilip1975]

Gud one once again, These videos present in such a simple manner . grt job !!!!!

[@shobhitmishra9627]

Thank you sir for explaining this..

[@demolaj1]

time bomb basically

[@Silverhands]

How do you bet against it?

[@rizzorepulsive7704]

Sooo good. thank you so much

[@MiguelSanchez-mo6mp]

I’m wondering if this is something similar to the housing crash of 2008. That’s the first thing I thought of.

[@boysindabronx]

Awesome video, thank you!

[@bejoysen4468]

Wouldn't the loan originators (JPM) benefit from loan defaults b/c they already sold their loans to the securitizer (John), so they were paid for worthless securities?

[@maqnthreez]

Bejoy Sen JPM generates profits from charging fees, servicing the debt and selling the portfolio (loan)

[@iancassie9840]

I especially liked the pyramid of glasses explaining the trickle down economy

[@hrvojemikulcic7074]

Zašto pojedinac/ica ne donese zlatnu ili srebrnu polugu kupljenu kod privatnika (privatni sektor) ne donese u banku kao polog za trajni nalog nizih ili visih rezija!?

[@sjutra12345]

On that basis, JPM has no risk since he is making money on the fees but does not lend its own capital?

[@augustinearkoturkson2198]

Thank you so much

[@winnielu5502]

A quick question, how does John make a profit here? From interest rate difference?

[@oendrilasarkar9000]

this is a good explanation. thanks :)

[@TaylorGIrard11]

Hey. How are we looking now?

[@AllYouWantAndMore]

Ok, hold on. So JPM gets interest on the loan to the burger guy. JPM also has an incentive to breakout the loans into pieces that John can buy to put into the CLO. Then Investors give John money to earn a return on the CLO. John earns a fee for managing the CLO from those investors. So when the interest from the burger guy is paid to JPM, does JPM give part of that related to John's piece of the CLO to John who bought that piece? Or does John become less responsible as it relates to his piece by way of some obligation to JPM? What I mean is, did John buy the piece from JPM or does he own an option on that piece, which becomes less expensive as the loan is repaid?

[@abhinavitsmebellamy]

Thank you, Sensei!!

[@jiyoungyun7494]

perfecto

[@fb079]

JI YOUNG YUN if you want to know more watch the movie "the big short" it will explain and how this led to the 2008 market crash.

[@jiyoungyun7494]

thank you for the recommendations ! i will watch today

[@umairjafri5630]

Thanks! this was a great video.

[@Jamiiweb3]

Can someone tell how to withdraw dai in barnbridge

[@adudeisthebomb]

The Atlantic published an article about the widespread adoption of these and how they are literally a time bomb in the time of corona

[@Alexandrius_Caesar]

Great article. It’s what’s piqued my interest in the first place.

[@kingtigercrownestate9102]

If J.P.M. immediately sells it's loans out to other people HOW does J.P.M. benefit or make any kind of a profit?

[@BurlakaVS]

Great job!

[@jarahmacfarlane1118]

This guy is great

[@inawe2911]

Great video!

[@Riverdale270]

hahaha :D the ending is hilarious...

[@jinglee1890]

very clearly explain...

[@sandeepr8065]

Very good sir

[@samuelzachariah235]

That pen throw though hahaha

[@seanknowles7987]

Due to the measures taken by the pandemic, CLOs will be one of the main problems aiding in the economical decline which seems more of the case now that 60% of businesses have closed. The issuance of these bonds are on par with the Mortgage CDO bonds. In addition to that the Fed printing too much money, social upheaval etc. By this year we will see. If it does then the entire world economic structure changes and CBDCs/digital currencies take over. Only thing that may happen to deviate form this is CBDCs help to replace fiat with airdropped funds but even if that happens it doesn't negate the fact that economical decline can still ensue. If it goes this route the IMF, World Banks, Central Banks take over nations and lead to higher dollarization and control. Potential draconian measures to utilize said tokens. SO, even if a fall is mitigated and fiat is replaced with CBDCs the implications of Central Banks taking over are numerous . Oh and I believe a war this decade will happen. Its not guaranteed but the correlations are numerous. Even astrologically (if you believe in those sort of things)

[@waste77]

You mention that if everyone is paying their interest through their loans,.... who is everyone? the ones that paid the Fund manager a portion of the 10m? and why do they need to pay interest if they gave their own money to the fund manager

[@anthonyb9196]

waste77 the people making monthly payments on their mortgage, credit cards, auto loans etc

[@andrewm7495]

very good

[@nancyquiroga9416]

terrific!

[@paulomoniz7326]

I have an idea for a video, you should make it! Many countries/companies are doing "RoadShows" to sell their debt. Can you talk about it, pls?

[@thegoodraj]

awesome PS Wall Street Journal, you look a lot like M Douglas...

[@hailo1884]

really successful rebranding strategy, from CDO to CLO. Something that the Japanese banks will find out soon; that they are getting the exact same product, just with a different name...

[@md991free]

I think the CLOs market is having a revival again. It was dead meat after the financial crisis of 2008

[@0musing]

Goood oooonnnneee!!!!

[@bryanh8292]

And back to square one in 2020

[@scottc574]

Jeez....Wall Street at it again. They're not worried....they'll get bailed out.

[@icutad2]

wait i didn't understand that middle bit about john's capital structure. IS there another party involved that's paying for the right to some of that interest from the clo? ( a wine glass?) who's paying those rating related interest rates?

[@macforme]

perhaps the borrowers?

[@hmmm5063]

I think John / the CLO is paying the interest, prob in the form of different classes of preference shares. He gets the money from what comes out of the bottle and splits it up.

[@joehui6580]

After 10 years. Few black swan events happened. We are yet witnessing another crisis.

[@rio2ug]

Sounds more like some bizarre ponzi scheme!🧐

[@amalekited]

haha +1 for the ending

[@k.chriscaldwell4141]

A more sophisticated pyramid scheme atop of the Khazarians' grift-machine. _"Ignorance Is Strength." I'm weak._

[@timgoldshmit103]

How to short this bs?

[@Silverhands]

Did you find out?

[@nathanielsingleton6302]

How is this Ponzi scheme legal???

[@timothymcglynn1935]

Hi 👋

[@luisbravo655]

Who's watching this during 2020 recession?

[@LazaroNazareno]

CLO is the new subprime, finish!

[@_thomas_xc]

2020 lol