How the Stock Market Works

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incomeinvestor

incomeinvestor

15 жыл бұрын

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@OhhHellNoYouWont
@OhhHellNoYouWont Ай бұрын
I am a beginner, taking baby steps gingerly, I am glad I have come across this video!
@larrydimon7811
@larrydimon7811 Ай бұрын
Me too!! I’m 52 and just starting this journey. I feel so behind!
@VanillaCherryBread
@VanillaCherryBread Ай бұрын
It is never too late to get started. It really isn’t. You’ll be kicking back and happy you went through the first few steps in a short few months. Once you have a base, of course, it’s great to keep learning. But it only gets easier :(
@sPacEBallOOn
@sPacEBallOOn Ай бұрын
Started at 25 now I’m 30 I saved and invested all my money for 5 years besides bills and have no fun in life and still don’t have 100K. IDK how you people do it I’m about to give up and actually enjoy my life.
@Mhousley
@Mhousley Ай бұрын
Stocks are just a fancy way to gamble your money away and like all gambling houses, they’ve got it fixed for themselves.
@mEAngurrrrl
@mEAngurrrrl Ай бұрын
I believe it’s called (trading) when speculation is involved not gambling Real investing are owning true shares of stock on real businesses with great cashflows with real products and services Investing is such a beautiful thing when studied truly on the concept. Too much corruption confuses the average investor that’s the sad part
@SethReviews
@SethReviews 3 жыл бұрын
I love these idealistic cartoons. It's such a cool little time capsule that show us how things were supposed to work.
@StValentine-uh5lv
@StValentine-uh5lv 3 жыл бұрын
People in 1950: By 2021, all diseases will have been eradicated, we'll have flying cars, and world hunger will be extinct! America in 2021: Race riots, extremely bipartisan government, worldwide pandemic. unstable foreign relationships, climate change, and a burning west coast.
@DeltaFlare987
@DeltaFlare987 2 жыл бұрын
Funny how we became the country with the highest GDP in the world thanks to stock exchange
@bronzejourney5784
@bronzejourney5784 2 жыл бұрын
It works exactly like this.
@SethReviews
@SethReviews 2 жыл бұрын
@@bronzejourney5784 pre internet
@TomJerry12933
@TomJerry12933 2 жыл бұрын
I don't know what you mean by this....I see the closest thing anyone could reasonably expect to a good cartoonist representation all the bureaucracy, expenses, at least one armed robbery, and one LITERAL BRANDING. I feel like those are some pretty solid red flags about the hazards of all this.... it even *explicitly* tells the listener that they need to gather facts before they invest anything (because ignorant investments are not investments, its gambling).
@anthonyamaya9644
@anthonyamaya9644 2 жыл бұрын
i literally studied how stocks work and this taught me way quicker.
@SPACEHARICE
@SPACEHARICE 2 жыл бұрын
alot of these old educational videos are like this.
@anthonyamaya9644
@anthonyamaya9644 2 жыл бұрын
@@SPACEHARICE reminds me of conjunction function!
@carldalord
@carldalord 2 жыл бұрын
@@anthonyamaya9644 conjunction junction
@iaaz6772
@iaaz6772 2 жыл бұрын
@@carldalord what your function
@carldalord
@carldalord 2 жыл бұрын
@@iaaz6772 hooking up words and phrases and clauses
@jasonduhela9597
@jasonduhela9597 2 жыл бұрын
I love how intimidating the US gov is treated in this
@ricardolouage1662
@ricardolouage1662 2 жыл бұрын
Based AnCap video?!?!?!
@timjohnson8362
@timjohnson8362 2 жыл бұрын
Its not inaccurate
@mabimabi212
@mabimabi212 2 жыл бұрын
Probably a liberal leaning video
@TD-ug4mg
@TD-ug4mg 2 жыл бұрын
Keep in mind that in general the government was more compitent back then as well, or at least The challenges and pitfalls that it faced it was better equipped to deal with than those it faces currently.
@billtree52
@billtree52 2 жыл бұрын
Anytime the Federales show up, it's bad news
@whiteknightcat
@whiteknightcat 6 жыл бұрын
Then one day the owner of ODM retired and the company was sold to an investment consortium that determined profits could be significantly increased by relocating manufacturing to China ...
@divyjain123456
@divyjain123456 4 жыл бұрын
Lmao !
@liftedj7544
@liftedj7544 2 жыл бұрын
Or just more automated in the US
@jerkjerkington3874
@jerkjerkington3874 2 жыл бұрын
@E. W. I suppose if you define "unrestricted" as "heavily regulated and manipulated by government restrictions", then yes.
@screamingphoenix8113
@screamingphoenix8113 2 жыл бұрын
@@jerkjerkington3874 It was Reagan deregulation crusade, that destroyed all anti trust law protections, leading to the increased monopolization of everything you see around you.
@jerkjerkington3874
@jerkjerkington3874 2 жыл бұрын
@@screamingphoenix8113 So by "unregulated" you mean "slightly less regulated than it used to be." And of course that's ignoring the fact that stock exchanges like NYSE and NASDAQ are granted government sanctioned monopolies over the stock market by virtue of the fact that nobody else could possibly meet the government's standards for licensing, or the fact that limited liability corporations themselves a form of undeserved legal immunity granted by the government. Essentially, what happens is that the government manipulates the market until its cronies can form a monopoly, and then every once in a while it makes a big show of taking some particularly unpopular monopoly down a peg while all the cronies slip out the back door and move on to the next scam. And then it all gets blamed on the free market, because clearly the problem was that peons like us have too much freedom. Obviously government manipulation was never the problem, right?
@TheMick1up
@TheMick1up 2 жыл бұрын
In hindsight, there was a lot of trust in the honor system.
@TenOffline
@TenOffline 2 жыл бұрын
Yeah. It was necessary. Only now we are starting to get to a point where trust is not completely necessary for complex things.
@geronimozarza8495
@geronimozarza8495 2 жыл бұрын
It was the Pre-Watergate times. Not Even The Vietnam War, despite how unpopular and hateful It was, was capable of making the State unworthy of trust as the Watergate Scandal.
@robbomegavlkafenryka6158
@robbomegavlkafenryka6158 2 жыл бұрын
@@geronimozarza8495 I find is fascinating that Watergate is still up held as an example of a major breach of public trust, even though it’s like one of the least shady things the government had done in the 60-70s.
@blazeburner303
@blazeburner303 2 жыл бұрын
@@robbomegavlkafenryka6158 publicity makes history
@nomnomnomnom6773
@nomnomnomnom6773 2 жыл бұрын
The trust is magnitudes higher now. There are supstantinal amounts of World wealth in those markets
@toaster9922
@toaster9922 2 жыл бұрын
I love how the narrator hesitates before saying “Necessities” as the stockholder buys a really stupid looking hat.
@lancetheking7524
@lancetheking7524 2 жыл бұрын
Surprisingly funny for an educational video
@lemon9.9
@lemon9.9 2 жыл бұрын
More like a very expensive hat
@dofehino5444
@dofehino5444 2 жыл бұрын
haaaaaats
@unluckychamp9831
@unluckychamp9831 2 жыл бұрын
Also only woman on the whole thing 😅
@Zorisura
@Zorisura 2 жыл бұрын
@@unluckychamp9831 3:53 I dunno man, that seems like a woman to me.
@NicholasBall130
@NicholasBall130 2 ай бұрын
I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my inherited portfolio of about $2.5m. I’m used to just buying and holding assets which doesn’t seem applicable to the current rollercoaster market plus inflation is catching up with my portfolio. I’m really worried about survival after retirement.
@StacieBMui
@StacieBMui 2 ай бұрын
True, I mostly just buy and hold stocks, but my portfolio has been mostly in the red for quite awhile now. Unfortunately to be able to make good gains, you’ll need to be consistent and restructure your portfolio frequently.
@StocksWolf752
@StocksWolf752 2 ай бұрын
In my opinion, it was much easier investing back in the 60s but it’s a lot trickier now, those making consistent profit in these times are professionals reason I’ve been using an advisor for the past 5 years to consistently build my portfolio in preparations for retirement.
@EleanorBaker474
@EleanorBaker474 2 ай бұрын
My partner’s been considering going the same route, could you share more info please on the advisor that guides you?
@StocksWolf752
@StocksWolf752 2 ай бұрын
Sonya Lee Mitchell maintains an online presence that can be easily found through a simple search of her name on the internet.
@crystalcassandra5597
@crystalcassandra5597 2 ай бұрын
I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip.
@imapseudonym1403
@imapseudonym1403 2 жыл бұрын
"the investment banker decides to help our friend" And that's how this turned from education, to pure fantasy.
@jainamhandleisntavavailable
@jainamhandleisntavavailable 2 жыл бұрын
If only our friend had millions of dollars to just buy the investor banker to help him
@chadpunte1731
@chadpunte1731 2 жыл бұрын
@@jainamhandleisntavavailable he did... "hey I need money to expand my business to meet the demand and will share in the profits gained by doing so."
@analyticalhabitrails9857
@analyticalhabitrails9857 2 жыл бұрын
Same. As soon as he mentioned the BANKS I paused and I quit watching. Annnnddd I'm gonna give this video a thumbs down.
@imapseudonym1403
@imapseudonym1403 2 жыл бұрын
@@jainamhandleisntavavailable Yes, a small business loan from Dad in the amount of a million dollars...
@patrickobrian9669
@patrickobrian9669 2 жыл бұрын
@@analyticalhabitrails9857 oooo, say it ain't so! Not a thumbs down from analytical habitrails!
@reedmcgivy
@reedmcgivy 2 жыл бұрын
Rip, those high school and college students getting turned into cars, refrigerators, etc
@blueberryfieldsss
@blueberryfieldsss 2 жыл бұрын
HAHAH , spit my coffee
@Elevator829
@Elevator829 2 жыл бұрын
humans are the reproductive organs of machines. Now that includes robots, and AI, we will decay but they will become bigger and stronger
@thiagodeandrade7081
@thiagodeandrade7081 2 жыл бұрын
Their sacrifice is appreciated.
@Sanches7557
@Sanches7557 2 жыл бұрын
And that horsey turned into tractor 🚜
@technite5360
@technite5360 2 жыл бұрын
better than turning into an hamburger at Mcdonald or Burger King, haha
@MrXander1337
@MrXander1337 2 жыл бұрын
I laughed so hard when i saw the "Honesty is the best policy" poster in the NY Stock Exchange
@matthew8153
@matthew8153 2 жыл бұрын
Before the days of big corporations and politicians sharing beds that was true.
@CaptBackwards
@CaptBackwards 2 жыл бұрын
NY Politicians are known for their honesty OK, couldn't say that with a straight face...
@MishaFlower
@MishaFlower 2 жыл бұрын
@@matthew8153 and when was that exactly? Back when the national guard murdered people for trying to unionize?
@matthew8153
@matthew8153 2 жыл бұрын
@@MishaFlower Don’t make things up.
@soggybreadman4035
@soggybreadman4035 2 жыл бұрын
@@MishaFlower Bro last time I checked America never had it's own version of Tianamen Square. While yes it is true corruption and greed has had it's influence within America's government since it's inception... We don't outright butcher people for their interests. At least, we didn't use to. Nowadays it does seem like a definite possibility, given how one sided the government is now. Edit: Guess I was wrong, this was an actual thing. (And apparently this isn't important enough to teach in most history classes.)
@halvey8518
@halvey8518 2 жыл бұрын
“They must be profitable to be listed” Me: *Sees wework and Nikola listed on the exchange* “Yes, only the highest quality”
@matthew8153
@matthew8153 2 жыл бұрын
This was before the days of charlatans getting taxpayer kickbacks.
@CosmicValkyrie
@CosmicValkyrie 2 жыл бұрын
@@matthew8153 eh, i think charlatans were always there. Probably its the free tax money.
@walkman06
@walkman06 2 жыл бұрын
I think it used to be like that, now too much greed.
@liampett1313
@liampett1313 2 жыл бұрын
the Rivian IPO. Ah yes a quality 120B company.
@PreenonHuq
@PreenonHuq 2 жыл бұрын
Rivian
@jackbarry9469
@jackbarry9469 2 жыл бұрын
"Must have track record of good management and sales" several years later.... NKLA --> "This Truck Drives" as it rolls down hill
@johnhumphrey9953
@johnhumphrey9953 2 жыл бұрын
they used a different program to get listed on the New York Stock Exchange. a hint that something was not right with this company.
@mllrdnl
@mllrdnl 2 жыл бұрын
@@johnhumphrey9953 Was it SPAC?
@johnhumphrey9953
@johnhumphrey9953 2 жыл бұрын
@@mllrdnl yes
@potatofuryy
@potatofuryy 2 жыл бұрын
Lmao
@nitinkumar29
@nitinkumar29 2 жыл бұрын
@@mllrdnl whats SPAC?
@Joseph-yp5zi
@Joseph-yp5zi 8 жыл бұрын
I learned more in nine minutes about adult life than I did from 1-12 grade.
@awsomeguy001
@awsomeguy001 8 жыл бұрын
yeww
@hotdragon03
@hotdragon03 8 жыл бұрын
It doesn't help that they are simplifying things, and outright wrong about others.
@RedVelvetBlackleather
@RedVelvetBlackleather 7 жыл бұрын
Gooblygoo56 ' yeah school really sucks
@tyrawaree8696
@tyrawaree8696 7 жыл бұрын
Gooblygoo56 ' me too like the simplicity
@tyrawaree8696
@tyrawaree8696 7 жыл бұрын
Me too liked the simplicity
@The3ddfan
@The3ddfan 2 жыл бұрын
They had him stripped down, tied up, and branded. That's at least half as terrifying as I figured the process would be.
@pedromoura1446
@pedromoura1446 2 жыл бұрын
*should
@gc2696
@gc2696 2 жыл бұрын
Expected an anguished scream as he was being probed
@albacus2400BC
@albacus2400BC 7 ай бұрын
Some of the non-tech that I think are positioned to go really up are Home Depot, Delta Airlines, Pool Corp, etc. I have set aside almost $200k for that. I want to know if my projections are right based on technical observations. Any suggestions?
@superbpower1174
@superbpower1174 4 ай бұрын
Would recommend a banking company like JP Morgan Chase, Bank of America, or WellsFargo. Having a diverse portfolio is key; that being said, Intel and AMD are great stocks to keep an eye on.
@nicstanko
@nicstanko 9 жыл бұрын
I actually understand now! Goodbye, books! Hello, technicolor!
@adsfacvadtrvawefdghjdsfpoi5704
@adsfacvadtrvawefdghjdsfpoi5704 8 жыл бұрын
Nicolas Stanko IKR
@daylight4011
@daylight4011 7 жыл бұрын
Hey there the process has been given how you can raise more capital from public domain is that senerio same in other Juriduction??
@johnpetrov6602
@johnpetrov6602 6 жыл бұрын
Nicolas Stanko when I was a kid, I called it “teachincolor.”
@jartagniancopria1120
@jartagniancopria1120 8 жыл бұрын
wow classic cartoons are so effective.. and that great narrating voice
@Boringspy
@Boringspy 2 жыл бұрын
Why do all narrators from this time period sound the same?!
@captainoblivionthicc1004
@captainoblivionthicc1004 2 жыл бұрын
@@Boringspy because of audio qaulity at the time probably. But they don’t all sound the same
@absalondebarvac3715
@absalondebarvac3715 2 жыл бұрын
@@Boringspy accent
@baguazhang2
@baguazhang2 2 жыл бұрын
@@Boringspy It was a desirable fake accent that narrators trained to develop.
@cal.5081
@cal.5081 2 жыл бұрын
Ahhh, yes. The days when every company was expected to make a profit and distribute a portion of that said profit in the form of a dividend. Simpler times.
@simonnachreiner8380
@simonnachreiner8380 Жыл бұрын
I miss when dividend stocks were common. Felt like you actually got something from the company growing instead of just playing a zero sum game against your fellow investors, so some rich CEO can sell his private shares when they want a new yacht.
@jacksonjack4005
@jacksonjack4005 2 жыл бұрын
Most people venture into investments to be a millionaire, meanwhile I just want to be debt free
@williamsclarke4786
@williamsclarke4786 2 жыл бұрын
That's very practical and smart goal, a wise man once said do everything you can to get outta debt, one of his tips to getting rich
@lewis7054
@lewis7054 2 жыл бұрын
Just do the right thing by trading with an expert, Trust me you will be a millionaire and debt free
@recharddavid4654
@recharddavid4654 2 жыл бұрын
When you invest in crypto you are buying a day you don't need to work.
@Charles-sv9du
@Charles-sv9du 2 жыл бұрын
The real secret of building wealth is by having multiple streams of income, that's includes both online and offline investments. If you don't find a way to make money while you sleep,you are fated to die working.
@haziqshan3290
@haziqshan3290 2 жыл бұрын
It will be wise to invest into crypto
@PeterFritzWalter
@PeterFritzWalter 10 жыл бұрын
Very well-done educational cartoon. I always knew that cartoon is best suited for educational purposes, not just entertainment.
@kyleplatter8954
@kyleplatter8954 2 жыл бұрын
Why not both?
@maximumforce8275
@maximumforce8275 2 жыл бұрын
@@kyleplatter8954 have you seen modern day comedy? It's a horrible combination.
@yellowbasementrecords651
@yellowbasementrecords651 2 жыл бұрын
Hitler also has this perspective
@mahmud7645
@mahmud7645 2 жыл бұрын
@@yellowbasementrecords651 Damn, daddy Adolf also breathed AIR, a horrible practice still used by billions of people world wide
@yellowbasementrecords651
@yellowbasementrecords651 2 жыл бұрын
@@mahmud7645 yes indoctrinating the youth is very nice I agree
@oliviahembrom1
@oliviahembrom1 8 жыл бұрын
if only our education system taught us like this.
@cheaptoebaythrifta5764
@cheaptoebaythrifta5764 8 жыл бұрын
+olivia hembrom COMMON CORE
@nummr6282
@nummr6282 6 жыл бұрын
olivia hembrom... You miss, are a gem.
@libanetwork6642
@libanetwork6642 5 жыл бұрын
they mostly teach you how to be good employed
@asielmilian38
@asielmilian38 4 жыл бұрын
Yeah.
@justacloud3374
@justacloud3374 3 жыл бұрын
Yeah sadly schools teach their students how to be minimum wage rats racers.
@Fitzy_Fitz
@Fitzy_Fitz 2 жыл бұрын
When I was at school at lunch break there was some sort of public class where you could just walk in and learn stuff for an hour while you eat, I'd have much rather learn all about how our finances worked and stuff like that instead of dead monarchs and why they have slanted faces
@usagiwerd6664
@usagiwerd6664 2 жыл бұрын
Why do they have slanted faces ? I wanna know that more than why I'm poor and big banks owe the world
@FartBiter
@FartBiter 2 жыл бұрын
Slanted faces? Go on.
@Fitzy_Fitz
@Fitzy_Fitz 2 жыл бұрын
@@usagiwerd6664 just inbreeding and bad food
@poqrikhelix7150
@poqrikhelix7150 2 жыл бұрын
Honestly, that doesn’t sound like that bad of a class to take.
@dremin7902
@dremin7902 2 жыл бұрын
You know, reducing the whole subject of history to dead monarchs is a bit rude.
@inc0mingr0flc0pter
@inc0mingr0flc0pter 2 жыл бұрын
8:18 you can see the exact moment that the system fails in a globalized market.
@a_common_weeb
@a_common_weeb 2 жыл бұрын
Omg your right
@zombieranger3410
@zombieranger3410 2 жыл бұрын
I think most people are willing to go through another Great Depression in order to cut off China and give our kids a better chance without needing a college degree
@zacharymogel9500
@zacharymogel9500 2 жыл бұрын
@@zombieranger3410 I was 4 years old during the 2008 recession which is kinda like the Great Depression 2.0
@zombieranger3410
@zombieranger3410 2 жыл бұрын
@@zacharymogel9500 the difference then and now is then the stockbrokers committed suicide and the market got oversight when now our government bailed all of the companies out and left everyone else to dry.
@samuelmatheson9655
@samuelmatheson9655 2 жыл бұрын
I like how the young people pipe or of college obey unskilled labor
@Metacognition88
@Metacognition88 9 жыл бұрын
Haha I love the buyer/ gunslinger @5:45. That's how you handle your business with your broker!
@woomath6076
@woomath6076 9 жыл бұрын
Yeah! No.
@CosmicValkyrie
@CosmicValkyrie 2 жыл бұрын
@@woomath6076 yeah.
@nbultman_art
@nbultman_art 7 жыл бұрын
6:30 thank god this is all done electronically now
@liampett1313
@liampett1313 2 жыл бұрын
Thank god! Now they can just block the buy button!
@EVP5309
@EVP5309 2 жыл бұрын
As a former broker and current advisor, I can confirm this is accurate, although extremely simplified. There are a LOT more steps involved, and many more facets of the industry. Some key things to point out are that not all common stock issues dividends. Growth stocks reinvest those dividends in an attempt to further grow the company. Large cap stocks are more likely to issue dividends than small or mid cap stocks. Also, they neglected to mention how the exchange makes money on an agency transaction, like the one described for the round lot of ODM. Since the transaction was made on an agency basis between two brokers, a markup was not charged, but rather a sales commission would be. Only in a principle transaction where the broker/market maker owns the stock will a markup (spread) be charged. If a company is going to issue new stock, the board of directors needs to vote on it, and a new filing needs to be made with the SEC. The initial offering made by ODM was described as either a pink sheet (OTC) listing or a private placement. If the former, the secondary offering would not be subject to the same scrutiny and regulatory requirements as the primary offering. No new prospectus would need to be issued to new buyers, for example. In a private placement, the secondary offering would be the company’s IPO.
@naadde
@naadde 2 жыл бұрын
You're right, and also the amount of due diligence between all these steps... Nightmare 😁 The company needs a law department
@valkyriefrost5301
@valkyriefrost5301 2 жыл бұрын
1955 was a simpler time... ;-)
@SkellingtonKing1
@SkellingtonKing1 2 жыл бұрын
This comment should be pinned.
@crispycrimson6448
@crispycrimson6448 2 жыл бұрын
I love how they used the ability to produce tanks and artillery in wartime as a bonus
@HoodMelodyFilms
@HoodMelodyFilms 8 жыл бұрын
dont u just love cartoon help videos
@jordandixon5424
@jordandixon5424 7 жыл бұрын
We Were Once Kings 109 likes
@bellekiller
@bellekiller 6 жыл бұрын
so loving it
@no2pleasurecontrol
@no2pleasurecontrol 9 жыл бұрын
For educational purposes, this is a first class of value!
@TapanThakur1964
@TapanThakur1964 2 жыл бұрын
As a science student I understood almost nothing of stock and share markets. This animation just made my concept a lot better.
@henrikraymond5235
@henrikraymond5235 2 жыл бұрын
Great content ,The Stock market is still a fantastic tool for building wealth , however, so it's wise to consider investing even if you don't have much money to spare.
@allinbenoni4608
@allinbenoni4608 2 жыл бұрын
I suggest Dr Romero pieto.
@allinbenoni4608
@allinbenoni4608 2 жыл бұрын
His telegram handle 👇.
@allinbenoni4608
@allinbenoni4608 2 жыл бұрын
As ConsultRomeropieto.
@catharinemarlia6728
@catharinemarlia6728 2 жыл бұрын
Best trading video watched so far for the day.
@donnadormaier6645
@donnadormaier6645 2 жыл бұрын
After months of profitless trading i have come to a point where I can trade and make profit all thanks to you Mr pieto.
@MohammedDawoodAnsari
@MohammedDawoodAnsari 9 жыл бұрын
I think this is best way to explain such subjects...
@stevenmitchell1
@stevenmitchell1 10 жыл бұрын
Hopefully, people know that this video is about a process that no longer exists and no longer takes place. The video only approximates the theory that was in place in the 1980s and earlier, and actually was more complex. Now, the process for most corporate participants (in particular the financing of public corporations) entails other aspects of finance not mentioned here. All of modern stock listings in the U.S. are digitally transacted, contrary to the methods promoted in the video. However, the process of corporate fundraising has changed radically over the last 20-30 years - quite contrary to the presentation in this video (which was probably made in the 1950s or 1960s). The process for trading stocks was not created for common “investors” to transact in, but was modified and redesigned exclusively for the professional trader. You should buy a book on the mechanics of markets before you invest, just so you have a perfunctory understanding of how things work. Otherwise, this video is very misleading for prospective, inexperienced investors.
@FernandoPrudhomme1967
@FernandoPrudhomme1967 10 жыл бұрын
Dude, you fucking NAILED IT!!! I teach to the new investor and have echoed EXACTLY WHAT YOU'VE STATED. Godbless you, continue to spread the word. I like the video, but it is NOT ACCURATELY REFLECTING THE FINANCIAL MARKETS OF THIS PERIOD...
@deweyhart4385
@deweyhart4385 10 жыл бұрын
Anyone with half of a brain should know this is an old 60's film to interest the average Joe to want to invest. But people don't have common sense anymore. They've never seen Gun Smoke, I dream of Jeanie or others like it. You made a very accurate statement and I agree. However, the video did say at the end to get more detailed information before investing. But sometimes with beginners, since things are so complex now, it's good to get back to the basics. True we don't have ticker tapes anymore and much of the Wall ST mania is handled electronically but the same theory and mechanics of it all continue to work the similarly. The problem is that today, people are more dishonest than they were 100 years ago (not to say they weren't dishonest) and with the expedience of media and internet, news flows much more quickly and people don't take the time to do their research (or due diligence as so commonly referred to) and jump right in and end up losing and wondering why. True fact: Everyone WILL lose money in the stock market! Never the less, great statement and I say take the video for face value and not over analyze it. Maybe if everyone could get back to basics the world wouldn't be so difficult.
@fgajtani
@fgajtani 6 жыл бұрын
Your words are boring. Make a neat updated cartoon to explain
@benjovi356
@benjovi356 6 жыл бұрын
Yeah. I'm no expert, but this cartoon obviously portrays the theory of the benefits of investing. No corruption in this ideal cartoon and everything is nice...but what about 1929 or the crashes in the 70s with little gas or the 80s when local businesses got screwed? I'm probably repeating some others but it's clear this isn't perfect.
@bobdeni244
@bobdeni244 5 жыл бұрын
That's well said. I was getting the same feeling. Now, it's not the same as before
@SheNeverCared
@SheNeverCared 2 жыл бұрын
ah back before the classic "not financial advise" days
@letrat7021
@letrat7021 2 жыл бұрын
“Broad distribution of shares” does not seem to be a requirement these days
@spacetoast7783
@spacetoast7783 2 жыл бұрын
What do you mean?
@danielnidhiry5796
@danielnidhiry5796 2 жыл бұрын
It is a old video
@matthew8153
@matthew8153 2 жыл бұрын
It is to be listed on a stock market, not to be incorporated. That’s one thing which hasn’t changed over the years.
@AryaInk
@AryaInk 9 жыл бұрын
This is my first introduction to stocks, and boy am I glad that this is what I watched to learn.
@azathoththe3rd
@azathoththe3rd 2 жыл бұрын
Sadly it's outdated
@nathanb011
@nathanb011 2 жыл бұрын
@@azathoththe3rd In a sense, it's not. Stocks are still physical, there's just a number of layers of abstraction with IoT stock exchanges.
@kant12
@kant12 8 жыл бұрын
If only things really did work this way.
@WakeSideLife
@WakeSideLife 8 жыл бұрын
Lol they did when Colorado was full of fucking six shootin cowboys. It still gets the gist of it. Things have just gotten, a liiittle bit strange.
@moosemoomintoog230
@moosemoomintoog230 8 жыл бұрын
They did until OBM realized they could have higher profit margins and larger dividends if they moved their operations overseas. So the shareholders ousted the founder of the company and the board moved the operation to China.
@jaimeefeigles1766
@jaimeefeigles1766 7 жыл бұрын
,s z g
@markandrew9
@markandrew9 7 жыл бұрын
I would expect to find at this point, at least three to five specific tracks of deviation emanating from each particular partition of investments in all realms. Particularly, the investment banking political interface mode. The pharmaceutical industries interface nexus with the regulatory bodies and the CIA and also the nexus between all media and all elecitve bodies.. That means at the initial point of primary level inferface. That projects into at least 40 potential pathways in wihch various derivitive types of corruption can be currently generating... The major types of corruption are, hierachical, policy based, direct proffitting. Endanger the public prolfit and political leverage.... It almost requires a specific set of exppertise in order for one to be abke to authentically confront this octapus... But the task must be done, for to not do so will create a wide spread breakdown on multiple levels for the entire civilzation... Thats not hyperbolic, thats actual..
@rodl6759
@rodl6759 7 жыл бұрын
kant what do you mean ? It's worse now ?
@JohnZiTAB
@JohnZiTAB 2 жыл бұрын
I wish cartoons like this were still made. It summarizes a boat load of information in an intriguing manner.
@Jay-Tee58
@Jay-Tee58 2 жыл бұрын
This is how I always enjoyed being educated without knowing just entertained just like when the teacher had us watch a video was the best
@lylesloth1275
@lylesloth1275 2 жыл бұрын
Ur gay bro. On god.
@HowitworksmediaExplainerVideos
@HowitworksmediaExplainerVideos 9 жыл бұрын
These old videos are great. They are the predecessors of what I do, explainer videos. I'm working on a series explaining free market economics. Yes, simple cartoons are very effective.
@sonicguyver7445
@sonicguyver7445 2 жыл бұрын
This did answer one thing I have wondered about for ages. I never knew simply owning the stock gave dividends. What little i heard always made it sound like the only way to make money in stocks was to sell them for more then you bought them for. If my dearly departed grandfather is to be believed he sold the founder of PepsiCo some of his first soda fountains. He didn't have enough money to pay him there but offered him a 10% share of the company. But dear old grandpa just said he could pay him later, which he did. But now seeing this I know the dividends from PepsiCo stocks would have made my family rich enough that i and my brothers would have never needed to work.
@Nobody1x1
@Nobody1x1 2 жыл бұрын
I‘m currently having a class on corporate law and history and this was actually really helpful.
@AOitsAO
@AOitsAO 2 жыл бұрын
7:53 Communications 😂 That’s great
@Mario-sn5qr
@Mario-sn5qr 2 жыл бұрын
I feel like I learned so much and absolutely nothing at the same time
@sarona9909
@sarona9909 7 жыл бұрын
The best way to explain the stocks ever ❤️❤️❤️
@sjffhfjcntgj9411
@sjffhfjcntgj9411 2 жыл бұрын
I watched this first in 2012 or 11 2020 I became a stock trader Very simple and clear
@davidhammett8958
@davidhammett8958 2 жыл бұрын
At 4:10 the receptionist’s face just starts bouncing for no reason 😂
@LJdaentertainer
@LJdaentertainer Жыл бұрын
she's chewing gum.
@yolotheyeeted7825
@yolotheyeeted7825 11 ай бұрын
@@LJdaentertainerno way she usin that amount of muscle and movement to chew gum thats an alien 💀
@Wiki-cq6fc
@Wiki-cq6fc 2 жыл бұрын
I have to say, this was much easier to digest and understand than the other explanations I've heard
@beccasue7285
@beccasue7285 10 жыл бұрын
Ohhhh, so THAT's how it all works. I am a visual learner and "seeing" how this all works is SO helpful to me.
@naughtyprincipal4174
@naughtyprincipal4174 2 жыл бұрын
I am in stock market since 1.5 years but today I got deep information how it actually works so thanks for explaining in simple way.
@Man_Jr._Studios
@Man_Jr._Studios 2 жыл бұрын
It gives me life that people are still watching knowledgeable things like this on KZbin.
@robertsides3626
@robertsides3626 2 жыл бұрын
I came for the stock market education and I left with the existential dread of just how ravenous capitalistic consumerism can get when left unchecked. 10/10
@ericisedgy3446
@ericisedgy3446 2 жыл бұрын
You commies are unbearable. Capitalism isn't evil every system is flawed, Capitalism just seems to work the best.
@nate7LP_my_dog_found_the_knife
@nate7LP_my_dog_found_the_knife 2 жыл бұрын
*soviet national anthem intensifies*
@nate7LP_my_dog_found_the_knife
@nate7LP_my_dog_found_the_knife 2 жыл бұрын
@@ericisedgy3446 *our* capitalism
@dont.ripfuller6587
@dont.ripfuller6587 2 жыл бұрын
Crony capitilism isn't capitalism
@unboxviews
@unboxviews 2 жыл бұрын
Wow no one cares bud
@The23rdGamer
@The23rdGamer 2 жыл бұрын
Great cartoon. Stuff like this really deserves more appreciation because the charm makes the education last in your mind longer.
@davidclaiborne5280
@davidclaiborne5280 2 жыл бұрын
As someone from Colorado, I’d like the world to know this is an accurate representation of my people.
@theboi1017
@theboi1017 2 жыл бұрын
Welcome fellow 2021-er, I see this has been recommended for u too, youtube is a great place :)
@cquinnable
@cquinnable 12 жыл бұрын
Old Skool! Great, classic animation and very informative. This seems quite old, although I am guessing this is the same way things are happening - just faster and on a bigger scale. Thanks.
@StValentine-uh5lv
@StValentine-uh5lv 3 жыл бұрын
Wow! This video has been up for 12 years, nearly 1.7 million people have watched it, and yet I am the first person to comment!
@upsanddowns960
@upsanddowns960 3 жыл бұрын
yeah sound weird
@witbcoedus
@witbcoedus 3 жыл бұрын
That is peculiar. And now I'm here. The magical algorithm is very odd.
@world_ends_with_bread_9207
@world_ends_with_bread_9207 3 жыл бұрын
we all know why we're here
@thebrinx9632
@thebrinx9632 3 жыл бұрын
@@world_ends_with_bread_9207 I was just looking to buy some oil drums myself.
@lianalynn9873
@lianalynn9873 3 жыл бұрын
Lol that’s because 1.7 million Econ professors have played this for class
@jimbob8726
@jimbob8726 2 жыл бұрын
It's so pleasant to see these made purely to be informative with no 'earwigging' manipulation.
@xekind
@xekind 2 жыл бұрын
Nice to see YELP stock on the NYSE ticker tape in 1957. Definitely ahead of their time.
@aakimowgli
@aakimowgli 9 жыл бұрын
amusing, entertaining, educational...!
@josepmarialbert
@josepmarialbert 7 жыл бұрын
why schools don´t teach this way? if something is fun to learn you pay more attention and it´s easier to catch.
@rapbotsuniverse4843
@rapbotsuniverse4843 2 жыл бұрын
Imma show this video to my kids whenever i have them.. This is gem to begin the knowledge
@h3cz_
@h3cz_ 2 жыл бұрын
I watched this in high school. We were taught about this & other topics on financial literacy.
@FunnyChloeMichelle
@FunnyChloeMichelle 13 жыл бұрын
This is great. I learned SO much from this. And the animation is simply adorable! A really awesome video!!!
@Simplypaisa
@Simplypaisa 9 жыл бұрын
Great video....explained in much simplified way!!!
@william254
@william254 2 жыл бұрын
It's amazing how I know every word in the intro and outro
@alap1983
@alap1983 2 жыл бұрын
How interesting the cartoon cuts right before discussing Any risks in Share Trading.
@dragonmanover9000
@dragonmanover9000 4 жыл бұрын
I've watched this video in my financial class. Thanks, it really helped.
@123TauruZ321
@123TauruZ321 10 жыл бұрын
I have a question. How much of the profits is a company legally committed to pay to its stock owners?
@Blazerelf
@Blazerelf 10 жыл бұрын
depend on the type of share either common or preferred share; preferred stock are paid a specific amount agreed at the moment it was bought it will never be less or more if you stock is for 10$ that's what you will get. On the other hand common stock are more like been part of the company between you and the other owners it is decided how the dividends will be used, in other word common stock varys. Sometime for the sake of the company it might be decided to use it to invest on improving the company, other times the company has made so little profit that after paying all its necessity their is no or very little money to be able to pay you or the others; other time the company might have as example 200 millions on dividends and you own 25% of the stock and 100% of the dividend will be split between investors; so you have earned 50 millions in a shot! and suddenly next time their is a crisis and the company has 500 dollars dividend and you get 125$ (if they even choose to split that); so as you see their is benefit and risks one will provide a solid secure amount the other will be more risky but might give you 1000% or more profit all the sudden.
@123TauruZ321
@123TauruZ321 10 жыл бұрын
Blazerelf Thank you for that, great and enlightening answer!! If you don't mind, here's a few more: How do you affect how a company makes more money as an investor? I can understand an expert going in, buying 30% shares, turning his "trick", the company runs better and they make more money - if that is even legal. But how about stock traders? Those who don't know anything about what the company does - How do they make money on stocks? Is that a misconception? I mean, in order to buy stocks at the right moment, you must know something about the business' logistics, right? You can't just look at the profit graph all day through, to me that just seems like gambling! Also, why do the leader board of a company choose to pay out dividends to stock owners, and just not take everything for themselves? What good do small time stock owners do for a company? If I own 1 stock at 10$ in a 1 million stock company, why would they even bother paying out? Do the amount they pay have to be split evenly to all stock holders? I highly appreciate your time.
@Blazerelf
@Blazerelf 10 жыл бұрын
yeah is definitely legal warren buffet is rich because of this, he invest in other companys and sell share for more or get alot of money from them; he is pretty elder he bought decades ago shares of company like Coca-cola, Gaico, banks and other known business when they were kind of small and look how big they are now so he got big too; but he has also lost loook for example Lehman brothers that went bankrupt he had share their and that was a lost, their is nothing wrong with that you have to have a good eye and the video said it, the company swears their financial info is true, the investors look at that info to determine if your company is worth spending their money on. Nothing illegal on that. Stockholders make money by commission; my teacher use to tell me investor are like grand leagues because you must have a lot of money to be at that level but that doesn't mean you are a pro at investing in shares; stockholder is that person you hire to advice you in how to do so he is like a lawyer that know more about the system and tells you whats is best for your money andafter a decision is taken he is also who makes the investment or purchase; some people trust their stock holder enough to allow them to invest their money without even asking them; their commission depend a lot of how big is the investment and the results from it. Prevously you said they dont known nothing about the company, definetly they dont and they dont need to, they need is numbers; the financial informarmation is not a day to day graph is a annual or semestral information; you can follow the tendencies of a company also their is different type of tables and graphs to determine different info; it is not as simple as you might think where ag uy looks at a graph and sees the company made alot of money this year and you conclude is good. Let me give a simple example: you are a stock holder and your client wishes to invest in common stocks and the company shows that after he pays all its bills and accounts it has 500 millions which sound like alot, but common invertor gets paid last so you still need to see how much the preffered get, boom! it shows they get a unchangable mandatory amount of 300 million in total so now their is remaining 200 mill for all the coomon inv, still you have to know how many are they and what % in the share you would posses? let says he was interest on a 20% that means he can profit 40 mil which is great still. But as a professional you find a problem an account showing the company borrowed 200 millions, based on that you can conclude the company would have not make profit for the common investor if not becasue of the borrowing, you look back and see how many time the company has borrowed money and deduce how much does the company depend on debts, their is also something called financial indicators which are equations you can use to calculate diffent factor 9of a company as how indebted how much profit is really from sells, how much % in averageinvestor make. So as you see their is a lot of tools a stock broker or anybody can use to determine their risk, mathematics, number don't lie you just need to be well educated. Stills as you said the investor is gambling because nobody can predict perfectly when will that company fall; apple coulod fall tomorow and the numbers did not say so, another global financial crisis mayt happen tomorow you never know; but the numbers can help you reduce the falure probabilitys
@Blazerelf
@Blazerelf 10 жыл бұрын
123TauruZ321 you last questions said ¿why do the leader board of a company choose to pay out dividends to stock owners, and just not take everything for themselves? I believe you refer to why the leaders pay share owners, the reason is because the leaders ARE THE SHARE OWNERS if you bough common share you are one of those guys sitting their taking decision on how will you all be paid (unless you have preffered share in that case you must always get paid as established and not paying them would be as not paying an employer, which is illegal), depending in how much shares you got it determines how much your vote weights in the board of directors; sometimes they choose to not pay the full amount the company has made in dividends becasue they feel investing it on improving the company or as a saving is better; its like in the government where their is an assembly, suggestion are given for new laws or decision and votes are counted for a resolution What good do small time stock owners do for a company? If I own 1 stock at 10$ in a 1 million stock company, why would they even bother paying out? Do the amount they pay have to be split evenly to all stock holders? JAJA i remember I asked this to my teacher, as I said before he wold me investors like "major leagues" people who can afford huge investment, almost nobody buys 1 share. Anyways Lets say someone did, yes they would have to pay me my % anyways although it is extremely small lol; but it is a bad idea because buying that share costed me money since you had to pay commission to the stock holder and it is usually about 40$ or less per transaction also the amount you might get from dividend might be too small example 100,000 share you buy one and the company is splitting 5million you have earned 50$, minus any fees, taxes or whatever you will be charged, notice your profit is way lower than all the money you made on that small share, he i have link with more details www.investopedia.com/ask/answers/143.asp
@123TauruZ321
@123TauruZ321 10 жыл бұрын
Thank you so much man, highly appreciated! It is a very interesting "game", or line of work. Could listen to it for hours. I am at a crossroads in life now, where I am trying to choose a new education, at age 30. Thinking of taking a degree in economics and marketing, just to see what sticks or not. I need big responsibility in order to get out of bed. Been working in the building industry most of my adult life and I know 100%, you don't ever have a chance at getting rich from that ^^ But in the world of paper and stocks, you do have a chance. I work hard, am very honest and have good ethics. I am also good at spotting liars and keeping them at bay. I want to give it a shot. What do you think? Thank you again!! :-) :-) Great link too!
@rainbowninja9821
@rainbowninja9821 2 жыл бұрын
I watched one of these in my business class it's great to see another one
@v.gopalakrishnan350
@v.gopalakrishnan350 2 жыл бұрын
Precise and to the point! Couldn't have explained it better! Loved the animations! 👌
@GPantazis
@GPantazis 7 жыл бұрын
Was this like actually created back in the 69s or something, or simply made to reflect on that period? It looks incredibly authentic.
@Saifthebest01
@Saifthebest01 7 жыл бұрын
lol. 69s.
@itrthho
@itrthho 6 жыл бұрын
Its even older than that...1952. "What Makes Us Tick" 1952 New York Stock Exchange production.
@divyjain123456
@divyjain123456 4 жыл бұрын
@@itrthho wow. Bet Buffett watched this video back then
@joecurran2811
@joecurran2811 4 жыл бұрын
@@itrthho How do you even know that?
@SusCalvin
@SusCalvin 2 жыл бұрын
@@itrthho It's not an independent source of information, but still a nice bit of animation and pro-stock market propaganda.
@RSTAR2009
@RSTAR2009 14 жыл бұрын
Thank you so much for this cartoon animation! I learned a lot.
@reginahernandez5543
@reginahernandez5543 4 жыл бұрын
Ok thanks
@lucydrop9674
@lucydrop9674 2 жыл бұрын
I love this art so much
@Jblast252
@Jblast252 8 жыл бұрын
that 3 mill is around 27 mill today 2015
@adsfacvadtrvawefdghjdsfpoi5704
@adsfacvadtrvawefdghjdsfpoi5704 8 жыл бұрын
mrjack4001 thanks m8
@jjcooks7401
@jjcooks7401 2 жыл бұрын
Man, they used to explain stuff so much better. I’ve watched numerous modern KZbin on how stocks work and this explained it best. I also like the old black and white videos explaining horsepower, transmissions, stuff like that
@JJ-iu5hl
@JJ-iu5hl 2 жыл бұрын
Well, that's probably because it's a lot more complicated than this video now. Thats like watching a video about an ancient single celled organism and being like "well gee, I've been studying this whole big human physiology textbook for a year. What a waste of time that was! Should have just watched the 5 minutes prokaryote video and then applied for med school"
@dipsyteletubbie802
@dipsyteletubbie802 2 жыл бұрын
@@JJ-iu5hl for me it does help to get a simpler understanding first though
@JJ-iu5hl
@JJ-iu5hl 2 жыл бұрын
@@dipsyteletubbie802 The point is, it's not accurate. You can make it as simple as you want, but if the materials just isn't correct, it's worthless.
@deactivated368
@deactivated368 2 жыл бұрын
Video was excellent even after 12 years we are still watching this ❤️
@ShubhajitRoy
@ShubhajitRoy 2 жыл бұрын
Yes, It is recommended to all ♥️
@harrahlsiah3850
@harrahlsiah3850 3 жыл бұрын
I like how this is drawn and animated for some reason, it really stands out to me.
@alack3879
@alack3879 2 жыл бұрын
Stock broker. A man who does literally no work but makes more than the people who make everything he needs to survive.
@Alex-qf1pm
@Alex-qf1pm 2 жыл бұрын
Actually his job used to be pretty risky. You have to identify which stocks will yield the highest earnings. Also make sure you don't lose your clients' money. This job required a lot of skill, intuition, and research.
@alack3879
@alack3879 2 жыл бұрын
@@Alex-qf1pm "Im glad my job isn't so risky" -Coal miner 2000 feet below the surface
@Alex-qf1pm
@Alex-qf1pm 2 жыл бұрын
@@alack3879 1. coal miners have a certain guaranteed income, brokers do not. 2. Skilled vs unskilled labor. Anyone can be a coal miner, but not anyone can be a broker. Therefore, it makes sense skilled laborers get paid more.
@davisburnside9609
@davisburnside9609 2 жыл бұрын
@@Alex-qf1pm I guarantee a stock broker would not last a week in a coal mine. They don't have the lobes for it.
@MizantropMan
@MizantropMan 2 жыл бұрын
@@Alex-qf1pm It used to be a high-risk-high-reward job wjere you needed to be smart to succeed, now it's too often about market manipulation and scamming suckers out of their money.
@J_Games_1996
@J_Games_1996 2 жыл бұрын
I already knew 90% of this but I got an absolute kick out of it. 😃
@wealthaddict8800
@wealthaddict8800 2 жыл бұрын
I love this, and learned so much!
@RandomVideoCircus
@RandomVideoCircus 8 жыл бұрын
This is interesting stuff to know. I just saw the Big Short, and I can't believe that those people got away with all that stuff.
@SpartanChief2277
@SpartanChief2277 2 жыл бұрын
Basically get the public to pay their loans
@FakenameStevens
@FakenameStevens 17 күн бұрын
Thanks for uploading this, I know how stocks work so this is so relaxing.
@CaliRATZ
@CaliRATZ 2 жыл бұрын
Damnnnn, there are no better simple explanation than this one, I've got the overview, now I could read some books about basic stock/cryptocurrency investment without being totally blind. Thank you so muchhh!!!!
@divyjain123456
@divyjain123456 3 жыл бұрын
Now the IPOs come before the corporations have any revenue.
@jamie85200
@jamie85200 2 жыл бұрын
Forgot about the part where hedgefunds and market makers maliciously decide a company doesn't deserve to live, and short it into oblivion for tax free gains while making hundred if not thousands out of a job
@sirenasmith9355
@sirenasmith9355 2 жыл бұрын
I love this video. I’m doing a stock market game for my class and we watched thus video!
@dling31
@dling31 2 жыл бұрын
So nice of them to take the time at the very end to mention there are risks.
@kimokeokeahi8526
@kimokeokeahi8526 6 жыл бұрын
"Its a great, big beautiful tomorrow!"
@danielalmeida7126
@danielalmeida7126 8 жыл бұрын
As long as you check a companies financial statements and price to earnings ratio, you will run lower risk. I created my portfolio about 3 weeks ago with a quarter in British equity, yet Brexit hasn't had a catastrophic impact on my portfolio. It fell by 6% in two days because I had municipal bonds to cancel out losses, however it has almost recovered back to breakeven at only -1%. It has recovered in just 2 or 3 days. Stocks are grand if you are careful.
@joecurran2811
@joecurran2811 4 жыл бұрын
How is it going now?
@themlgbrosftw4960
@themlgbrosftw4960 2 жыл бұрын
What about now?
@owenpook2262
@owenpook2262 2 жыл бұрын
Lmao “I created my portfolio 3 weeks ago and it hasn’t collapsed yet” no shit buddy, ya gotta give it time
@Andrew90046zero
@Andrew90046zero 2 жыл бұрын
It grinds my gears seeing that analogy they use for college. Objects on a conveyor belt line. Treating students like objects which do not think for themselves. They go to college without asking why. And leave thinking they’re doing the right thing. They thought they knew what they were doing, but they didn’t.
@SurajSinghTomarArya
@SurajSinghTomarArya 2 жыл бұрын
These video should be shown in schools. So far the best explanation I have seen. Also, that cowboy was threatning him 🤣
@Ispikya
@Ispikya 2 жыл бұрын
the cartoon was nice
@comack669
@comack669 2 жыл бұрын
I love how they literally put pollution (smoke stacks) in so many scenes as a measure of increased improvement and progress.
@AJthe13th
@AJthe13th Жыл бұрын
You’re thinking about it from the nowaday progressive. However, from the classical liberal, this meant jobs taking care of families, new inventions to make life easier, useful products that improve our quality of life. It’s about weighing the costs and benefits, and we should do something that provides the most benefit to society. Traditionally, we have said that improving our quality of life, making useful inventions, and providing jobs to provide for families is greater weight than smoke stacks belching fire and brimstone into the air. The nowaday progressive equate that with the world ending, though, so of course if something literally ends the world, it is heavier weight than increasing our quality of life, jobs taking care of families, and so on and so forth. If the word is literally ending, that’s the heaviest thing. The question becomes to what extent is having this factory damaging the earth, and what is the likelihood that those impacts will be severe/extreme/or world ending? Is the chance for the world to have a higher temperature or is the world as a matter of fact, literally coming from an end? What is the likelihood of that? Which is more significant, the improvements of quality of life that we all enjoy, the products that we all enjoy, the technology that makes us incredibly in tune with society all together at once, the jobs providing for billions of families or the likelihood that the harm will be great (world ending ). This is the question we have to weigh. I don’t think we should be ignoring the earth and her environment, since God has called us to be good stewards of this earth and the wonderful nature that is given to us. We should conserve it, I am an Eagle Scout, and I love nature. I’ve raised horses all my life and enjoy fishing and growing wheat. We can certainly be concerned with environment. But we should absolutely not get rid of the great things that these smoke stacks give us. A better way of life, and easier way to live, jobs and provision for our loved ones. These are all incredible things. I enjoy eating cereal, it’s my favorite breakfast. However did you know the cereal that was grown with wheat was made with nitrogen implants into the soil so that we could have an efficient crop yield? That nitrogen was produced for the entire country in nitrogen plants, such as the one outside my hometown. The nitrogen plant, called the Koch plant, provides 10% of all the nitrogen in the USA. And it provides HUNDREDS of jobs for families in my community. The Koch plant is involved throughout our community as well, sponsoring events, and giving back to the community in ways that make me enjoy having them in our lives. They provide meaningful support to local youth sports teams, a foundation to build a community around, and tons of nitrogen so you and I can enjoy cereal for breakfast everyday. To say that the Koch plant is evil, or harming society is incredibly wrong. They provide meaningful interactions and support for thousands, even millions through their nitrogen. To say that they should be discontinued is wrong and incorrect. What about the people it would affect? This is also not a conjectural harm, a “it might maybe happen, but we don’t know how bad” harm, like the world ending - this is a guaranteed harm. If the Koch plant shuts down, we now lose 10% if the nitrogen in the USA, and we instead will ship it in from overseas like China (who literally does not care about polluting the world. China and India produce far more pollution and have a much greater material effect on the state of the environment than the USA, but this is not talked about) So we will be losing the ability to grow good wheat, and eat good cereal, or we will lose our jobs and devastate our communities, while allowing an outside country to do the pollution for us (they won’t make nitrogen in an eco-friendly way). So the harms are great, but the harm of the world ending is conjectural. In society, it’s all about union. The fact that we are United makes us incredibly strong. The industrial worker makes nitrogen, the farmer makes wheat, you and I eat cereal, and we work at our jobs to provide a service or whatever we do for the industrial worker. We are all connected, United we stand. If we remove the industrial worker, society cannot function. I am confident that over time and research, we can find a way to make our industries better and more eco-friendly, while still efficient. I am not a scientist, but we have developed and come so far, I know we can discover ways to make less-pollutant factories, while still make the products and services that you and I enjoy. I’m confident in this, I know society can achieve this. But we should not rush to take out our industries and businesses because try at IS how progress happens. It is how diseases are cured, through science and research, funded by businesses and taxes that government collects from businesses. Smoke stacks are where the products and improvements to our better life are made. We should be thankful that we benefit from them everyday. And we should also seek to improve them, so they emit less smoke. I have no science, but imagine if they churned out a great product that society enjoys and belched out water instead of smoke and fire and brimstone. That would be great, but we don’t have that technology yet. 30 years ago, they had no smart phones, and I’ve lived to see that. 100 years ago there wasn’t commercial air travel which we all enjoy to see friends and relatives. 200 years ago they had no running water in our houses. In my lifetime, I thoroughly look forward to maybe seeing our industries make useful things for society while being more eco-friendly. That would be a dream come true. But regardless, I think we can all take some time to be thankful and appreciate the improvements to our modern lives and progress as a society that they have brought. Sincerely, A.J.S.
@kajetanmiliankovic3183
@kajetanmiliankovic3183 2 жыл бұрын
thanks
@n.junior146
@n.junior146 2 жыл бұрын
Thank you so much so fun to learn and watch these
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