The Age Of Trillion Dollar Mega-Corporations

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Economics Explained

Economics Explained

4 жыл бұрын

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Sources & Citations -
Evans, D.S. and Schmalensee, R., 2007. Catalyst code: the strategies behind the world's most dynamic companies. Harvard Business School Press.
Fernández, P., 2007. Company valuation methods. The most common errors in valuations. IESE Business School
Pinto, J.E., 2020. Equity asset valuation. John Wiley & Sons.
Linzmayer, O.W., 2004. Apple confidential 2.0: The definitive history of the world's most colorful company.
Goldfayn, A.L., 2012. Evangelist marketing: What apple, Amazon, and Netflix understand about their customers (that your company probably doesn't)
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Пікірлер: 994
@EconomicsExplained
@EconomicsExplained 4 жыл бұрын
Thanks for watching EE nation! ❤️ If you enjoyed, please consider supporting the show on Patreon! 😎 See new videos early, participate in exclusive Q&As, and more! ➡️ www.patreon.com/EconomicsExplained
@despairgaming6669
@despairgaming6669 4 жыл бұрын
We can have multiple trillion corporation just give inflation some time.😅
@wallaroo1295
@wallaroo1295 2 жыл бұрын
@@despairgaming6669 Company goes IPO in December 2019, several months later, the entire world is put into a quarantine, crashing oil prices to the lowest prices in 20 years...
@TheShadow812
@TheShadow812 4 жыл бұрын
EE keeping the stock footage industry afloat $1000 at a time.
@chaterkanal
@chaterkanal 3 жыл бұрын
Underrated comment 😂
@zachvaughan2323
@zachvaughan2323 3 жыл бұрын
Probably a subscription service lol
@grayk02
@grayk02 3 жыл бұрын
Put money on it EE is Gen X or very very early Millennial who grew up in 80s Australia (which was 5 years in the past back then) Stockfootage hey...bet you grew up in the 80s
@proto3011
@proto3011 3 жыл бұрын
Your 69th like
@johnbee7729
@johnbee7729 3 жыл бұрын
And it matters where?
@sedail.is.among_us
@sedail.is.among_us 4 жыл бұрын
“Amazon became the first public company in history to reach over one trillion GDP” *Dutch East Indies Company:* Am I a joke to you?
@Steamforger
@Steamforger 4 жыл бұрын
*English East India Company* _has joined the chat_
@mobilityproject3485
@mobilityproject3485 4 жыл бұрын
*Marcus Licinius Crassus Fire and Brigade Inc* 𝘩𝘢𝘴 𝘫𝘰𝘪𝘯𝘦𝘥 𝘵𝘩𝘦 𝘤𝘩𝘢𝘵
@claymeistereu
@claymeistereu 4 жыл бұрын
Guess what, check out the end of the vid bud.
@halfcool5014
@halfcool5014 4 жыл бұрын
@@claymeistereu it was a joke
@lewismassie
@lewismassie 4 жыл бұрын
@@claymeistereu The price we must pay for an early comment
@eliasstenman3710
@eliasstenman3710 4 жыл бұрын
We gotta think of the brand value of Economics Explained.
@Kimjongun19841
@Kimjongun19841 4 жыл бұрын
The fed also
@mrniceguy7168
@mrniceguy7168 4 жыл бұрын
Based out of Australia which is a huge advantage for EE - I’ve said it many times but I’ll say it again: Australia is extremely stable
@eliwosalie9965
@eliwosalie9965 4 жыл бұрын
@@mrniceguy7168 I doubt it.
@bradypostma5167
@bradypostma5167 4 жыл бұрын
I expect that EE is worth about $20,000.
@eliasstenman3710
@eliasstenman3710 4 жыл бұрын
Mr Nice Guy Well, they do get a new prime minister every other second. And then the natural disasters add to that. (Btw I get that it probably is a joke)
@HomersIlliad
@HomersIlliad 4 жыл бұрын
Companies reaching over $1 trillion in value should be referred to as Tera-Corporations.
@pleb9243
@pleb9243 4 жыл бұрын
Bega-Corporations too
@bradypostma5167
@bradypostma5167 4 жыл бұрын
Terra-Corporations
@FazeParticles
@FazeParticles 4 жыл бұрын
nope but certified mega corps. i love mega corps, hahaha!
@joaquincimas500
@joaquincimas500 4 жыл бұрын
@@FazeParticles Stellaris 🌝
@FazeParticles
@FazeParticles 4 жыл бұрын
@@joaquincimas500 hell yeah
@alexmozeak838
@alexmozeak838 3 жыл бұрын
EE: "Sure, they are not loading lines of code onto ships..." Developer: *Silently shuts down Docker*
@neeneko
@neeneko 4 жыл бұрын
Gotta love how after all these years we have essentially come full circle. Pick up a leader from the age of command economies and they would probably be pretty comfortable in a modern megacorp. They are essentially a new kind of state that has outsourced the burden of taking care of its own people and infrastructure to traditional states.
@kenim
@kenim 4 жыл бұрын
Yesss this is a very smart and visionary comment. Smaller kingdoms willingly submitted to these empires that stablished these generally higher standards throghout their whole territory. It was the most cost effective thing to do. These tech companies essentialy run like empires and we are in a spot where they cannot be challenged anymore.
@mr.mystery9338
@mr.mystery9338 4 жыл бұрын
They can t own military
@aboxintheblack9530
@aboxintheblack9530 4 жыл бұрын
Mr. mystery They have private security
@Sparticulous
@Sparticulous 4 жыл бұрын
Mr. mystery yet. They dont need one as usa or france or the UN can use their “peace keeping forces” to protect their assets. The corporations can hire “guards”
@neeneko
@neeneko 4 жыл бұрын
@@mr.mystery9338 who needs a military when someone else will do the job for you AND cover the cost at someone else's expense.
@kaen_tqk3918
@kaen_tqk3918 4 жыл бұрын
*Dutch East India Company noises*
@EconomicsExplained
@EconomicsExplained 4 жыл бұрын
ooooooooo
@alphamikeomega5728
@alphamikeomega5728 4 жыл бұрын
*G E K O L O N I S E E R D*
@consciouscactus
@consciouscactus 4 жыл бұрын
G E K O L O N I S E E R D
@rohanjansen4536
@rohanjansen4536 4 жыл бұрын
G E K O L O N I S E E R D
@3sco955
@3sco955 4 жыл бұрын
G E K O L O N I S E E R D
@Roberto-dd1te
@Roberto-dd1te 4 жыл бұрын
"The company has real estate in your mind" That is an interesting concept
@pencilfriendpaperscribbler6032
@pencilfriendpaperscribbler6032 4 жыл бұрын
Roberto It would be if snack did not own 98% of the real estate already.
@wargriffin5
@wargriffin5 4 жыл бұрын
IF they own real-estate in my mind, does the company owe me a real-estate/property tax for it? ;)
@redwinesyndicate2001
@redwinesyndicate2001 4 жыл бұрын
it's free r e a l e s t a t e
@pencilfriendpaperscribbler6032
@pencilfriendpaperscribbler6032 4 жыл бұрын
wargriffin5 Ya, payment in rice crackers please. Prefer the ones with seaweed.
@rsplenum
@rsplenum 4 жыл бұрын
It's called "mind space" by warren buffet
@PoodiePieNasro
@PoodiePieNasro 4 жыл бұрын
the fact that some companies today are worth 1 trillion dollars is crazy, meanwhile some "developing countries" have an economy of 151 billion (or even less), completely mind blowing
@sesetio338
@sesetio338 3 жыл бұрын
I'm from NZ. 182 billion. But life is still good. Lol
@pranavpatil1362
@pranavpatil1362 2 жыл бұрын
@@sesetio338 see the population man,the gdp of NZ is way higher than india, 3 trillion dollar economy.
@rajuaditya1914
@rajuaditya1914 Жыл бұрын
@@pranavpatil1362 New Zealanders are just glorified farmers. It's astounding to me that they are so rich just by selling Milk and Meat. Nothing to be proud of.
@drgabe2908
@drgabe2908 4 жыл бұрын
The Holy Global Empire was neither Holy , Global or an Empire
@Joso997
@Joso997 4 жыл бұрын
Global?
@DarkAngelOfTexas
@DarkAngelOfTexas 4 жыл бұрын
👍
@AlmaTorran97
@AlmaTorran97 4 жыл бұрын
HRE meme
@nzuzongeleka6561
@nzuzongeleka6561 4 жыл бұрын
Ck2 anyone?
@ErikHare
@ErikHare 4 жыл бұрын
@@alexander-mauricemillamlae4567 congratulations on being the first person in the history of humankind to ever say that.
@Zei33
@Zei33 4 жыл бұрын
I’m a programmer and I’m about 3 years out of university. I just got offered a 6 month contract for $128k. There’s a LOT of money in tech if you’re skilled.
@neeneko
@neeneko 4 жыл бұрын
At the micro level yes, at the macro level, no, not really. There is good money to be made by individuals, but not by any significant percentage of the population. Meaning it is a lot from the perspective of the few people hired for such work, but the total slice is pretty small and is chump change as far as the economy is concerned. There also just is not enough of the work to scale, so even if you flooded the market with lots of well trained people, the high paying jobs would get used up pretty quickly. I've worked places where people of nearly identical skill can make 6 digits or 30k/year, depending on if they got slotted into that single six digit job or not.
@kenim
@kenim 4 жыл бұрын
Yeah, the slice of the pie that gets injected in the market through salaries of these high paying jobs is still way smaller than in the past. The general effect of this new economy is still way worse than in the past
@Zei33
@Zei33 4 жыл бұрын
kenim I don’t disagree in terms of the overall picture. But for any normal person, especially for a 24 year old, six figures is a big number. The fact that the possibility is there for someone my position should say something about the industry.
@felipe21994
@felipe21994 4 жыл бұрын
@@neeneko tech is s market with high growth, is said that the market will need more than 1.5 in the next decade, but there will be only 500.000 people that would have the qualifications for it if the current growth of graduates continue, in my country is almost 400.000 and will be only 60.000 something that tech has is scalability that previous markets lacked because they were limited by the resources available
@Zei33
@Zei33 4 жыл бұрын
neeneko I agree. There are plenty of people at my skill level or better that could do the job. There are circumstances that have lead to me being in high demand and companies are making their best offer to snag me. Seems like it’s all about perception rather than actual skill level.
@danieladelodun9547
@danieladelodun9547 4 жыл бұрын
11:55 - You're not selling us videos for money. We are giving you attention, and *then* you sell that attention to advertisers.
@rahidyousufi6077
@rahidyousufi6077 4 жыл бұрын
Exacty
@upsidedownbagofflour697
@upsidedownbagofflour697 4 жыл бұрын
It's kinda funny really. We get a free video because EE gets money from KZbin that gets money from advertisers in the hopes that maybe just maybe that ad they put out will convince us to actually buy or do something. That's how valuable persuasion, the mere influence of our psyche is in the tech age.
@FazeParticles
@FazeParticles 4 жыл бұрын
facts.
@vinczeszilard5155
@vinczeszilard5155 4 жыл бұрын
@@upsidedownbagofflour697 To be precise. The point of ads isn't to convince you to buy anything...their point is to bury the brand (themselves) in your subconsciousness so the next time you go shopping your brain will alert you "hey, i KNOW this stuff, I've seen this before". This memory-triggering built-in feature in the human brain is what all ad companies are after.
@TomsDone
@TomsDone 4 жыл бұрын
Big thumbs up for expressing this properly. Usually I see it written as "selling your data to advertisers" even in relation to companies like Google that don't sell your data - and the writer usually knows it but just want a headline/quote that will appeal to the crowd.
@fantomp1773
@fantomp1773 4 жыл бұрын
“Each video costs about 1000 dollars” Everyone: Wot.
@the4fibs832
@the4fibs832 4 жыл бұрын
Why? If a video takes a week of work for someone full time at $25/hour it would be $1000.
@althayrL
@althayrL 4 жыл бұрын
@@the4fibs832 We are so used to cheap stuff that we forget hourly labor costs...
@EloquentTroll
@EloquentTroll 4 жыл бұрын
Also licensing stock footage.
@GiorgosKoukoubagia
@GiorgosKoukoubagia 4 жыл бұрын
People ~5 centuries later: Edit: obligatory WOW thanks for the likes, first time 500+! I'll reward myself by crowning me as the next Roman Emperor or something~ I mean, didn't stop others from doing so :P
@25usd94
@25usd94 4 жыл бұрын
a man of culture!
@physe8052
@physe8052 4 жыл бұрын
@@whatsmyname100 Who is Jeff?
@whatsmyname100
@whatsmyname100 4 жыл бұрын
@@physe8052 prince elector jeff bezos
@hanselsihotang
@hanselsihotang 4 жыл бұрын
@@whatsmyname100His Imperial Majesty Jeff Bezos "The Rich"
@martiddy
@martiddy 4 жыл бұрын
@@whatsmyname100 he's mind is gonna be uploaded into an immortal robot, making Jeff Bezos the most powerful emperor within 300 hundreds years
@ricardonm92
@ricardonm92 4 жыл бұрын
I'm also an economist and I admire ur work. With that being said, the part of this video related to valuing a company is highly innacurate. It's not about intrinsic value, but revenue, ebitda, efficiency and good old perspective. Kodak is an example of how a company's name doesnt mean anything, because a name is based on what u did. Company value is about what u do today, what u plan to do in the future and how well prepared u are to make it become a reality
@BosonCollider
@BosonCollider 4 жыл бұрын
This. Stocks are basically money from the future, and are valued as such. Book value does matter to some extent, and companies with a low P/B ratio and lots of assets tend to outperform when inflation is high since their assets are an inflation hedge, but it doesn't matter too much right now with negative interest rates and low inflation.
@quark_E
@quark_E 3 жыл бұрын
Not to mention they apparently think tech companies don't have any ongoing costs lol. Guess they don't know what a server is, or that many tech companies never turn a profit.
@audiowithdrawl5948
@audiowithdrawl5948 2 жыл бұрын
@@quark_E he goes over this in the video, did you watch the whole thing?
@marcelo1458
@marcelo1458 4 жыл бұрын
Nobody: *_Inflation:_* *_Hello there my friend_*
@meglestus
@meglestus 4 жыл бұрын
the Dutch: GEKOLONISEERD!
@wargriffin5
@wargriffin5 4 жыл бұрын
*Hello darkness, my old friend...*
@tommynobaka
@tommynobaka 4 жыл бұрын
*taxes intensifies*
@ClintonFD
@ClintonFD 4 жыл бұрын
I once saw a company that was valued less than the cash they had on hand.
@richardvillanueva8786
@richardvillanueva8786 4 жыл бұрын
That's my type 😉🍄
@bradypostma5167
@bradypostma5167 4 жыл бұрын
Ouch
@Ragon_Reel
@Ragon_Reel 4 жыл бұрын
Your example is even more egregious than Maersk being worth ‘less’ than their annual revenue, how is either even possible?
@bradypostma5167
@bradypostma5167 4 жыл бұрын
@@Ragon_Reel - It means public perception is that they will squander what they have rather than produce any new value.
@user-ll8mh3rh1x
@user-ll8mh3rh1x 4 жыл бұрын
@@bradypostma5167 If a gambling addict in a casino has $1m the odds are he will soon have lost most of it.
@scifience8297
@scifience8297 4 жыл бұрын
also please give us a video on the economy of Yugoslavia
@davineves8529
@davineves8529 4 жыл бұрын
@SpinazFou he made one on the soviet union, which was also dissolved.
@Jupiter__001_
@Jupiter__001_ 4 жыл бұрын
Yes, the differences between it and the various stages of the Soviet Union would be interesting.
@Vimarsh24
@Vimarsh24 4 жыл бұрын
"brushed aluminum cheese graters" :D
@NaumanNaeemChaudhary
@NaumanNaeemChaudhary 4 жыл бұрын
Finally, a man of culture.
@alphamikeomega5728
@alphamikeomega5728 4 жыл бұрын
Dutch viewers at the end: _"Fingers on , everyone!"_
@tirionfordring5580
@tirionfordring5580 4 жыл бұрын
Hahaha I have the same political compass results lol
@consciouscactus
@consciouscactus 4 жыл бұрын
G
@nueadkie
@nueadkie 4 жыл бұрын
E
@rohanjansen4536
@rohanjansen4536 4 жыл бұрын
K
@beresteczko
@beresteczko 4 жыл бұрын
O
@KuraIthys
@KuraIthys 4 жыл бұрын
Yeah, I have personal experience with the bizarreness of company valuations. My mother tried (unsuccessfully) to do IT contract work independently... To do this she registered a company and made a basic website explaining what she does. So, this company had a name, and a website... And that's it. She had no assets. Worked from home. Was the sole employee, was living off borrowed money, and basically only had a computer, which wasn't even technically a business asset. So, by chance we find a website that does market valuations for any registered company... And they listed this 'nothing' company at a value of 1 million Euro... Yeah. Not remotely joking. If you count assets and liabilities against company value you could argue the book value of the company was less than zero... So the valuation was millions of times higher than the assets of the company...
@goliathsteinbeisser3547
@goliathsteinbeisser3547 4 жыл бұрын
The reason that her company has any worth despite zero assets is... your mother. She is the most valuable asset that will be creating the value. Besides, a company evaluation from some website is likely to be skewed, even if you entered all the relevant data. Company valuation is mostly determined by future profit potential.
@vedantgupta9092
@vedantgupta9092 4 жыл бұрын
Technically speaking the Dutch East India company was the first trillion dollar company (takeing inflation in account).But anyways very informative video
@rohanjansen4536
@rohanjansen4536 4 жыл бұрын
G E K O L O N I S E E R D
@falconellirk901
@falconellirk901 4 жыл бұрын
And Microsoft has been there year 2000 ca
@AwesomeHairo
@AwesomeHairo 4 жыл бұрын
Wrong. Watch his video about it.
@DuderinoDeux
@DuderinoDeux 3 жыл бұрын
I'd say it had a precursor with the merchants of Venice.
@pangolimazul6055
@pangolimazul6055 4 жыл бұрын
The VOC(dutch east india company) was the first trillion dollar public traded company,great video though
@crab4_
@crab4_ 4 жыл бұрын
You could alredy buy shares back then?
@somethingelse9228
@somethingelse9228 4 жыл бұрын
@@crab4_ Yes
@thomasderuiter6584
@thomasderuiter6584 4 жыл бұрын
@@crab4_ they invented them
@crab4_
@crab4_ 4 жыл бұрын
@@thomasderuiter6584 oh thats actually pretty cool
@NLJeffEU
@NLJeffEU 4 жыл бұрын
Labour was cheap
@Artur258456
@Artur258456 4 жыл бұрын
Thank you so much Anonymous Australian Economist! I did have a few Economy classes in school but they are over now. Your channel is a great way to continue to learn. Keep up the good work (and do more videos weekly if you can)!
@scifience8297
@scifience8297 4 жыл бұрын
please do a video on the economy of the USSR during Kruschev
@satyamprakash7030
@satyamprakash7030 4 жыл бұрын
Is there any difference between Khruschev era and the rest of soviet era....if not then he already have one video over it
@shivanshna7618
@shivanshna7618 4 жыл бұрын
more like union in it's last days or early russian and Baltic economy
@timalright
@timalright 4 жыл бұрын
Satyam Prakash obviously there is. Under Kruschev massive economic reforms were carried out
@master_shifu4208
@master_shifu4208 4 жыл бұрын
I want a company like that one day! Ill bye my own space station and use it as my primary home
@kylehoorn5192
@kylehoorn5192 4 жыл бұрын
This channel is awesome. Thank you for all the work you guys out into your videos. 😃
@user-vh1si2zl9w
@user-vh1si2zl9w 4 жыл бұрын
You make great entertaining content I’m in college studying Econ and really appreciate the time and effort you put into making these videos
@Dj3ndo
@Dj3ndo 4 жыл бұрын
As a Dutch person, i am looking forward to the next video! Thank you for this video as well. I always look forward to your content.
@jayq112
@jayq112 4 жыл бұрын
Djendo same here! I cannot wait to see how much we stole
@John-thinks
@John-thinks 2 жыл бұрын
Hi - I'm an investment banker and I focus on valuation for a living. The way you talk about valuing a company is not how we on Wall Street think about it. We think of the value of a company as the sum of the expected value of future cash flows discounted back to the present. So basically - how much am I going to get paid for owning this company and how long am I going to have to wait until I get those payments. You absolutely CANNOT value a company as book value + brand value.
@rahulv0887
@rahulv0887 4 жыл бұрын
Your's Channel is quite undervalued , Content quality and the simplicity in which it's presented is beyond match .Keep up the Good Work
@OutrageousOnPurpose
@OutrageousOnPurpose 2 жыл бұрын
I really enjoyed this video, i didnt know i loved the overall subject of economics in general before your channel.
@k98killer
@k98killer 3 жыл бұрын
Don't worry, bro. At the rate the Fed is printing currency, we'll all be running trillion dollar companies eventually.
@jasonisbored6679
@jasonisbored6679 2 жыл бұрын
And this was before the COVID stimulus prints
@applefav101
@applefav101 4 жыл бұрын
I thought Apple was valued at 1 trillion before amazon
@Blastoise9000
@Blastoise9000 4 жыл бұрын
John kesh it was.
@josephleonard6695
@josephleonard6695 4 жыл бұрын
except that Amazon actually has a fair priced service. it's like Bernie Sanders is Amazon while Apple, with it's overpriced "innovations," is Mike Bloomberg buying his way to the top
@Blastoise9000
@Blastoise9000 4 жыл бұрын
Joseph Leonard not sure what you mean by “overpriced innovation”, but I respectively disagree. Apple has consistently made increasingly absurd amounts of profit year over year for at least the past two decades. Apple’s family of products and services makes it arguably the most valuable brand in existence. Sure, iPhones still account for half their revenue, but they’ve also made considerable leaps in their services business, which made them $12.5 billion last quarter and accounted for nearly 20% of their overall revenue and continues to grow. And that’s not even counting their other hardware products like the iPad and MacBook as well as their wearables and accessories. If Apple stopped selling iPhones tomorrow, they’d still be in the top 10 most valuable companies by a comfortable margin. Besides maybe Microsoft, I’ve yet to see any other company that remains this profitable for this long in the way that Apple has. Like em or hate em, Apple’s reputation and valuation are completely justified.
@koraptd6085
@koraptd6085 4 жыл бұрын
@@Blastoise9000 no
@josephleonard6695
@josephleonard6695 4 жыл бұрын
@Ellehcim Dimma what a snowflake Apple fanboy
@justinfreeman4614
@justinfreeman4614 4 жыл бұрын
I especially loved two thirds in when you explained KZbin channel "selling" views.
@xaharidealogy598
@xaharidealogy598 4 жыл бұрын
This is one of the best videos from EE... thanks
@ThomasBomb45
@ThomasBomb45 4 жыл бұрын
Part of a company's value in market cap also comes from its future cash flows, discounted at some interest rate. It isn't all just brain real estate, but that is an interesting concept.
@belgfries96
@belgfries96 4 жыл бұрын
I always fucking lose it when I imagine the people acting for these stock clips in various situations
@staninjapan07
@staninjapan07 4 жыл бұрын
Thank you for a very nicely put together video. It's concise but quite comprehensive and clear. It's got no more techinical jargon than necessary. While it's simple enough for young college students or even school-leavers, it's not over-simple. It's fair and even-handed. Good one!
@kaiganlive8021
@kaiganlive8021 4 жыл бұрын
Hello! new sub here, Happy to see you are doing a video on the VoC(Dutch east India Company), one thing I have not seen anyone do in a video about VoC is compare it to the EICo. (East India Company) it can be confusing for some because the Brits didn't put the countries name on theirs, still I feel its existence is often overlooked in this conversation. The EICo was founded first, lasted fifty years longer, took over another county, bested VoC in navel combat, didn't receive initial investment from their home country, didn't go bankrupt (disbanded for 100 years of bad behavior in India) and were still worth nearly 5 trillion(usd). It doesn't sound as impressive as VoC's 8-9 trillion(usd) but the EICo eventually beat them in market maneuverability. Hope you consider adding it if its not in there already, looking forward to the video regardless. Keep up the good work! bye
@moredac2881
@moredac2881 4 жыл бұрын
Great video! Suggestion: what about examining a historical economy like ancient Rome or China?
@janksamillion
@janksamillion 4 жыл бұрын
"There" is short for "that is where" Change my mind
@uwootmviii8695
@uwootmviii8695 4 жыл бұрын
hm, that was easy: www.etymonline.com/word/there
@halfcool5014
@halfcool5014 4 жыл бұрын
Isn't that what it actually mean? "Change my mind" i don't understand
@lazergurka-smerlin6561
@lazergurka-smerlin6561 4 жыл бұрын
"There you have it!" Has a different meaning from, "that is where you have it."
@Ramschat
@Ramschat 4 жыл бұрын
Who goes there? vs Who goes that is where? mind changed.
@janksamillion
@janksamillion 4 жыл бұрын
There may be examples (for instance, at the beginning of this sentence) where the long form doesn't apply, but in that case "there" is a homonym for the short form of "that is where". Same word, multiple meanings
@jamesgarrad2101
@jamesgarrad2101 2 жыл бұрын
Just discovered this channel and cannot get enough! Perhaps I should have studied Economics after all...
@Davidemmanuelkatz
@Davidemmanuelkatz 4 жыл бұрын
Amazing videos, as always!
@willinton06
@willinton06 4 жыл бұрын
I remember Apple got first
@bruxi78230
@bruxi78230 4 жыл бұрын
Exactly, Apple was 1 month or so before Amazon. For those of you who answer Dutch East India Company, can you tell me what date and what the stock was trading at when it went over 1 trillion?
@willinton06
@willinton06 4 жыл бұрын
Fala Ai it didn’t, but inflation wise it went over 7 trillion during the tulip crisis
@bruxi78230
@bruxi78230 4 жыл бұрын
​@@willinton06 ----- I'm not doubting it being worth more than a trillion, it just wasn't publicly traded and one must make some weird assumptions about currency differences over 4 century period which we really don't have accurate data for. There are also several current private entities worth more than a trillion when Apple went over the mark. But since they are private we really don't know their value. In Apple's case we know the exact minute it went over 1 trillion.
@willinton06
@willinton06 4 жыл бұрын
Fala Ai they were public, in fact for a moment they were the only public company, like they were the only company in the stock market.
@bruxi78230
@bruxi78230 4 жыл бұрын
@@willinton06 ---- Good info, I stand corrected.
@richnormal3902
@richnormal3902 4 жыл бұрын
Awesome content as usual. Thanks. I think it would be cool if you did a video about the exact opposite of this.. what's left if all of those shares lost their value over night. What would be left that had worth? Gold? Commodities? Would people still work? Maybe exploring the "dark" economy. I know in some countries that is even larger than the public economy.
@KCSXIV
@KCSXIV 4 жыл бұрын
Great content, feels good to learn new stuff. Thank you
@Mindforprogress
@Mindforprogress 4 жыл бұрын
As a Dutchman i must say that 16:57 min made very excited. Can't wait till the video comes out!
@__________2756
@__________2756 4 жыл бұрын
Everyone needs to join his discord
@stuffmorestuff6647
@stuffmorestuff6647 4 жыл бұрын
No
@MineRoyale.
@MineRoyale. 4 жыл бұрын
@@EconomicsIsEpic Why is this the only comment on this channel ahaha?
@klaus7524
@klaus7524 4 жыл бұрын
WE LOVE TRILLION DOLLAR MEGA CORPORATIONS
@EconomicsExplained
@EconomicsExplained 4 жыл бұрын
All hail our corporate overlords
@killerfabber
@killerfabber 4 жыл бұрын
this channel keeps blowing my mind
@johnmanandhar2626
@johnmanandhar2626 4 жыл бұрын
Keep it up bro. Well done
@YouLittleApple
@YouLittleApple 4 жыл бұрын
Can't wait for the 'Verenigde Oost-Indische Compagnie' video!
@jayq112
@jayq112 4 жыл бұрын
Me neither, too much assets stolen
@filipnguyenduc6671
@filipnguyenduc6671 4 жыл бұрын
Please do a video on economics of war
@XVel
@XVel 3 жыл бұрын
I come to this channel for the stock footage. Also the information is neat
@xaira12
@xaira12 4 жыл бұрын
gr8 vid...subbed...love this kind of content
@Ivarius321
@Ivarius321 4 жыл бұрын
G E K O L O N I S E E R D
@jayq112
@jayq112 4 жыл бұрын
G E S T O L E N
@TrippinCozy
@TrippinCozy 4 жыл бұрын
this video left me wishing it would have a continuation with the consequences that most likely will be felt by every now-young individual. Like : less jobs due to automation and huge pay gaps in tech vs rest of the world, etc.
@pikminlord343
@pikminlord343 4 жыл бұрын
A topical video. Great work
@CyPorter
@CyPorter 3 жыл бұрын
These videos are excellent!
@ImJustAoife
@ImJustAoife 4 жыл бұрын
The Age of Trillion Dollar Mega-Corporations. AKA, The Age When Capitalism Went Too Far Part 2 Electric Boogaloo.
@corvinius4609
@corvinius4609 4 жыл бұрын
The Thrifty Merchants will pay. The bill will always be paid. Always.
@aig5429
@aig5429 4 жыл бұрын
you know why the rich gets richer? Because average poor consumers spend too much just to be fake rich
@autorefresher1
@autorefresher1 3 жыл бұрын
@@aig5429 average poor consumer are poor
@crazydog3307
@crazydog3307 3 жыл бұрын
@@corvinius4609 how about... we dont pay the bill?
@tactileslut
@tactileslut 4 жыл бұрын
Love the examples. House (asset) minus boat (liability) = pocket cash
@hellloooworld1124
@hellloooworld1124 2 жыл бұрын
Well explained!
@itsmidtrib1569
@itsmidtrib1569 4 жыл бұрын
If I wasn’t like 10, ten years ago, I would have invested in Apple
@Vapor817
@Vapor817 3 жыл бұрын
i sure hope u invested in bitcoin or gamestop around the time u made that comment lol
@Nikolajnen
@Nikolajnen 4 жыл бұрын
16:10 This is why we are going to need a Universal Basic Income very soon. Most jobs will employ high-skilled individuals, whereas the repetitive and monotonous jobs are going to automated away - this is inevitably going to lead to mass unemployment as these simple jobs are dominating the job market today. A UBI will let people contribute to society in a meaningful way. It could be anything, ranging from new startups, art, caring, volunteering, to research, etc etc. A UBI is also a good solution for the time being. People that don't have a job gets a basic income, whereas people who do work, engineers, doctors etc, gets UBI + their well-deserved salary. It's a win-win system.
@Otzkar
@Otzkar 4 жыл бұрын
True, plus all the extra money flowing into the Economy
@mathewjr3766
@mathewjr3766 4 жыл бұрын
Do a video on the economics of Quantum computing. However I got a lot of info from your videos. Kudos nice job.
@sppew7640
@sppew7640 3 жыл бұрын
7:14 Houston's tallest building the Williams Tower used to be Transco Tower
@sakuma1842
@sakuma1842 4 жыл бұрын
East India trading company: am I a joke to you??
@michaelben_yaminov4711
@michaelben_yaminov4711 4 жыл бұрын
14:28 * The phone is in Minecraft enchantment table language*
@macaroon_nuggets8008
@macaroon_nuggets8008 4 жыл бұрын
Alphabet* the "language" is just english with its letter symbols replace by the galatic alphabet.
@goliathsteinbeisser3547
@goliathsteinbeisser3547 4 жыл бұрын
The languageon the phone is Tamil, or something that looks similar to Tamil. en.wikipedia.org/wiki/Tamil_language
@caohladay
@caohladay 4 жыл бұрын
The brand, and name are all in bookvalue as "goodwill" and intellectual property is in bookvalue as it's own line-item. The difference between book value and market cap comes from future cash flows discounted, that people are willing to pay for. A company is worth what a person is willing to pay for it.
@GrantCoultrupProductions
@GrantCoultrupProductions 2 жыл бұрын
Big fan! Could you do a video about the analysis of the fourth industrial revolution (the data revolution)?
@joeym612
@joeym612 4 жыл бұрын
Apple was the first company to become worth 1T not amazon, by a month or few actually
@ALC0LITE
@ALC0LITE 4 жыл бұрын
These companies will continue to get exponentially bigger, forever - unless there is a limit to Moore's law. If there is a limit, there is a giant tech bubble lol.
@pedrofranciscodominguez832
@pedrofranciscodominguez832 4 жыл бұрын
Hi, can you share where do you get your short scene videos for this upload?
@Tycy2014
@Tycy2014 4 жыл бұрын
Can't wait for the next ep.
@Mirandas_learning_land
@Mirandas_learning_land 4 жыл бұрын
You’re forgetting about discounted cash flow
@manfromtheunderground
@manfromtheunderground 4 жыл бұрын
Make a video about how germany recovered from hyper inflation in 1930s and the economic policies of nazis plx
@BosonCollider
@BosonCollider 4 жыл бұрын
They recovered from hyperinflation in the 1920s.
@manfromtheunderground
@manfromtheunderground 4 жыл бұрын
@@BosonCollider they were in hyperinflation when the great depression struck in 1929 and the nazis rose to power in 1933. something doesnt add up
@Amagys
@Amagys 4 жыл бұрын
Yay, Dutch East India company. Was hoping you guys would do that.
@WouterNederstigt
@WouterNederstigt 4 жыл бұрын
3:27 Damn, that's a fast charge!
@nihilisticspacelizard1868
@nihilisticspacelizard1868 4 жыл бұрын
Number of sales: $1,000,000,000
@fcabralHult08
@fcabralHult08 4 жыл бұрын
OMG Please redo his video and expose the absurd valuation of these companies due to stock buybacks fueled by debt!!! When interest rates go up, and they will, these irrational valuations will crumble
@Reverbation
@Reverbation 4 жыл бұрын
Hey EE, 2:50 there may be an error. Shouldn't it be 1 billion instead of $1 billion shares, since its a quantity not a value?
@kiotary9800
@kiotary9800 4 жыл бұрын
Great naming
@cryptobargains.5271
@cryptobargains.5271 4 жыл бұрын
I thought I apple was first.
@tazaonthego
@tazaonthego 4 жыл бұрын
ducth east india company looking forward for that one. what about the british east india company.
@ryankelly8077
@ryankelly8077 4 жыл бұрын
A lot of tech companies are having to allocate additional funds to areas like I.T, security teams, legal representation, R & D, various insurances, etc.... add that to what it generally cost to run a business (e.g. salaries, taxes, etc) The next wave of big businesses will be the one’s that incorporate healthcare & technology simultaneously.
@glenngilbert7390
@glenngilbert7390 2 жыл бұрын
Thank you!
@justinrozario2003
@justinrozario2003 4 жыл бұрын
*Comment down below what Economic Theory/ Model u believe in and why u do so:*
@justinrozario2003
@justinrozario2003 4 жыл бұрын
I'm just intrigued in general and want to know about different perspectives.
@shivanshna7618
@shivanshna7618 4 жыл бұрын
Capitalism and free trade but I also believe that profits from that must be used for social programs (other than typical government programs and duties).
@tobiasjenchen4647
@tobiasjenchen4647 4 жыл бұрын
Social market economy. Vital infrastructure, healthcare and education in the hands of the people, likely through the work of an elected government, and the product and service side of the economy should be handled privatly with a fair bit of regulation. This way, we should have the good of capitalism, without leaving too many people in the dust.
@justinrozario2003
@justinrozario2003 4 жыл бұрын
@@tobiasjenchen4647 that's the best one i hv heard so far.
@lelouchvibritannia1788
@lelouchvibritannia1788 4 жыл бұрын
I am sure this is a good video 😂
@hussey4826
@hussey4826 4 жыл бұрын
Hello my fellow Lelouch
@lelouchvibritannia1788
@lelouchvibritannia1788 4 жыл бұрын
@@hussey4826 we are the best
@nlcrypto7324
@nlcrypto7324 2 жыл бұрын
BlackRock shadow bank worth 9 trillion: If I can't see u, you can't see me
@Daniel95221
@Daniel95221 4 жыл бұрын
Could you do a video on the topic of private economy please :)
@Kagashimin
@Kagashimin 4 жыл бұрын
WE CYBERPUNK NOW BOIS
@ukeyaoitrash2618
@ukeyaoitrash2618 4 жыл бұрын
Voc? Yyeesss be ready to get *gekoloniseerd*!
@ollietp1918
@ollietp1918 4 жыл бұрын
Google's primary revenue stream, I should say, is by advertising, and by offering their products for free they are able to show more ads. But it's true that Amazon and Microsoft also have large investments in the enterprise area, Amazon with AWS web hosting and Microsoft with Office and their new hosting platforms too.
@RFGfotografie
@RFGfotografie 2 жыл бұрын
Very interesting video :)
@gumbie007
@gumbie007 4 жыл бұрын
Nothing “Holy” about these and to understand the main reason for reaching a trillion “dollar” in valuation you have first look at the currency you’re valuing them in....the Dollar! Since December 23, 1913 the Dollar has lost approximately 95% of its value! 🤔🤨
@adeyemiemmanuelsegun2024
@adeyemiemmanuelsegun2024 4 жыл бұрын
You're wrong Apple was the first company to hit 1 trillion market valuation
@felipe21994
@felipe21994 4 жыл бұрын
No, it was the second, in nasqad, other companies have reached that point but are from different markets or different times like Dutch East company
@ariston111
@ariston111 3 жыл бұрын
Intrinsic value is what investors look at when deciding to purchase stock to determine whether they're getting a deal, not market cap.
@redwanrizvi
@redwanrizvi 4 жыл бұрын
Hello, do a video on Bangladesh. How it was described by Henry Kissinger 'a bottomless basket' and how it is now one of the fastest growing economies in south asia. you should also do a video on China's economic influence on Pakistan, Srilanka, South-east Asia and Bangladesh. Love your videos btw.
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