Porsche is a Hedge Fund That (Sometimes) Makes Cars - How Money Works

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Link to the history video • The Problematic Story ...
When you think of Porsche you probably think of fast cars, and finance bros.
Porsche's are expensive but decidedly less flashy than their Italian rivals so they do well with the people that want an expensive sports car but don’t want to explain what they do for a living every time they stop t a gas station.
What you might not know is that Porsche and the finance bro’s that enjoy the fast cars they make have more than a producer customer relationship.
Porsche is itself, effectively an investment firm that happens to occasionally make cars on the side.
If you weren’t confused already, Porsche Automobiles is owned by the Volkswagen group, the company that makes the golf and the beetle, but the Volkswagen group, is owned, by Porsche.
You can also buy shares in Porsche, as well as Volkswagen because they are both public companies listed on the Frankfurt stock exchange, however, Volkswagen has announced plans to take Porsche public at the end of the year, even though it already is a public company.
This corporate mess is only where the weirdness begins, because besides making cars Porsche has investments in companies that make commercial 3D printers, laser systems, and satellite launch platforms.
#business #finance #howmoneyworks
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Edited By: Andrew Gonzales
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Select Footage Courtesy of: Getty Images
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All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind.

[@HowMoneyWorks]

Enjoy high quality publications in audio by using this link to get 1-month FREE of NOA. bit.ly/3KrES1C

[@DeViceCrimsin_]

Oh! Finally something good competition audiobooks. And (potentially) in concept a far better experience. I’ll definitely trying that out ASAP!

[@helenoliver4838]

'My strategy is; buy quality companies, expect to hold no matter what, pay up but don’t over pay, keep track, sell rarely, be ready to course correct".

[@mayacho4910]

A lot of people think they should always be buying and selling something. That's a mistake. 99% of successful investing is waiting, learning, awareness/experience and getting extremely lucky with the market.

[@helenoliver4838]

@@mayacho4910I totally agree, although coming into the market i missed the experience part, but my current trader helped me. She turned my 40k loss, made me 70k in a month, if not for her, i can't even begin to imagine....., she actually does most of my trading, to be honest.

[@theresagarcia1218]

@@helenoliver4838 Exactly, i will never go into this market without guidance, please who is this coach that helped you, can you possibly do a referral?

[@helenoliver4838]

@@theresagarcia1218She is a licensed fiduciary in the U.S, i work with her to trade my securities.

[@helenoliver4838]

@@theresagarcia1218 Just look with her name online, you will be directed to her page, there you can leave your messages.

[@a__f]

here's a video idea that your title reminded me of: "Harvard is a hedge fund that (sometimes) teaches people". Seems like explaining the world of large university endowments is right up your alley

[@aluisious]

It's not that surprising when you consider the main role of Harvard is to rubberstamp the next generation of high society. They're there to "teach" people to be the kind of dbags who run a hedge fund with a historical institution associated with it.

[@macleansherren6245]

or “the LDS church is a financial institution that (sometimes) teaches people” fits right in too. 2nd wealthiest private organization in the world

[@michaelchen2718]

yes!!!!!!!!! i can personally relate haha

[@Lokesh-kb9ei]

😂😂

[@SuperLongview10]

Had a case study on Porsche hedging currency risk for a finance class. From the case we worked on: Porsche in 2007 made ~€1bn profit from selling cars while making €4bn from foreign exchange trades and options on Volkswagen.

[@firstjohn26]

Yeah I thought that was going to be the subject of the video. During 2007 and 2008 (?), Porsche amassed not only substantial VW stock but also a huge call option portfolio on VW, while many foreign hedge funds were aggressively shorting a slumping VW stock. And then one magical Friday afternoon, Porsche gave a press release - in German - announcing that they either owned or controlled more shares of VW than exist in private hands. The resulting short squeeze briefly gave VW the highest market cap of any company in the world and made Porsche many times it's standard annual profit from manufacturing vehicles. :) Think GameStop but bigger

[@zan1971]

@@firstjohn26 Thanks for the short explanation. Was quite informative.

[@estebanzavala9533]

Vw short squeeze

[@fuyuk1r1ft8]

I like how he says 'corporate clusterfuck' with an entirely impassive tone

[@TheChrisaige]

wait till you find out that there is another Porsche Holding in Austria that is owned by Volkswagen AG thus completing the cycle

[@markm1461]

Was not expecting that off the bat 🤣 made me line the video more shows some character

[@Default78334]

I can't believe you didn't mention the whole VW short squeeze in 2008.

[@homer009x]

Came here for this. Unbelievable this was overlooked.

[@alex0589]

yeah this channel is kinda garbage

[@JoseRodriguez-ey7ju]

@@homer009x not really unbelievable, he can't fit absolutely everything into a sub 10 minute video, he put in the most important facts and that's fine

[@T-Bone99]

Yep. Especially now that BBBY has gone ape-shit last month and basically some people managed to 5x their money. Not bad. GME was a lot bigger tho

[@aitoluxd]

​@@T-Bone99 bull trap

[@luxuryhub1323]

Average American company in 2008: on the verge of bankruptcy Porsche: s t o n k s

[@michaelvick2872]

Polish economy as well lol

[@ravanpee1325]

The Porsche SE is the holding company of the Porsche/Piëch whereas the Porsche AG is the car manufacturer

[@Ivanfpcs]

Big companies are WAY mor ecomplicated than we expect them to be

[@jasonlib1996]

and theres always a financial reason as to why. be it moving capital around, or avoiding taxation

[@josephhesse2634]

that why there is a business faculty in university. Help make you understand corporate world like how science faculty help you understand science. Nothing new.

[@cornbreadpelicanundertake]

@@josephhesse2634 except sciences teach you a real skill and business is a moneymaker for universities

[@josephhesse2634]

@@cornbreadpelicanundertake business knowledge is real bro..... 200years ago people didn’t know about economy of scale. Look how it change our world. Same apply to so many other knowledge. Business is a social science.

[@josephhesse2634]

@@cornbreadpelicanundertake understanding how real world corporate work, and how you can work with them is not real skill? I don’t know what is real la.

[@Tippix3]

To put it simply: "Die Porsche Automobil Holding SE" is the Holding Company from the Porsche Family. Porsche AG is the Car Company and is owned by Volkswagen. But "Die Porsche Automobil Holding SE" owns 53.3 of Ordinary Shares in Volkswagen. Which is around 31,9% of Volkswagen. So Porsche is mostly producing Cars. But a Company with the same Name and Origin could be confused for it.

[@Sravaniv94]

If Porshe SE owns 53.3% ordinary share in Volkswagen, why is that only 31.9%? Is the rest preference share or something?

[@Tippix3]

@@Sravaniv94 Yes the Rest is Prefered Shares without any Voting Power.

[@maxschmidt666]

I happen to own both type of shares and I rather call the prefere shares a fraud: The ordinary shares gave 7.50 EUR dividend per share in 05/22 The prefere shares gave 7.56 EUR dividend per share in 05/22 An astounding 6 Cent or 0.8 percent difference in value in dividend for having your mouth shut down... XD

[@bman6198]

So VW owns Porsche, and porsche owns majority of vw

[@Tippix3]

@@bman6198 Two diffrent Companys named Porsche. One is the Producer of Porsche Cars, the other is the Holding of the Porsche Family. But now its even more difficult, they now own Part of Porsche again after the IPO this Year.

[@professionalgiraffe7181]

a company owns a company that owns itself?

[@jacobwood1914]

Finciburos

[@feuerfrei7070]

Yes

[@nitrozeus951]

No, it's not the same company. The Porsche AG owned by Volkswagen is the carmaker, and the Porsche SE that owns Volkswagen is like a holding of the family Porsche-Piech

[@cstrutherskgs]

They just have the same family name

[@mister-8658]

It's more like company a owns company b and company b owns company c and company c owns company a. Kind of like a rock paper scissors of ownership.

[@annoyingcommentator1582]

AG also stands for "Aktiengesellschaft" in German, that means a publicy traded company. Now I want to know about how they got listed.

[@legqio]

You got it slightly wrong. "Aktiengesellschaft" means "company limited by shares" (Aktien means shares, Gesellschaft means society). So any company which ownership is defined by shares is an AG irrespective of whether or not it's publicly traded. It's similar to how an American company can be a Corporation and not be publicly traded (think of Koch Industries Inc for example).

[@aluisious]

Of course it doesn't mean "auto group." It's f'n German. This guy seems like he does research for his videos, but so much simple nonsense slips. Like Porsche is not a one syllable word. All you have to do is Google it for 45 seconds. Maybe that's something one would do when making several KZbin minidocs on it, instead of making a stupid point out of saying it wrong repeatedly.

[@stefanmadzharov9170]

calm down there cowboy

[@Lawrence330]

@@aluisious Hahahahahaha "of course." Yeah, that's not a difficult error to make: auto group Auto Gruppe

[@jdrancho1864]

@@legqio OK, true, but so close to splitting hairs it borders on the pedantic. For all intents and purposes, "AG" is a publicly traded company. Some, very few, companies issue shares that are not publicly traded, they are "closely held", generally by a founder's family or a trust.

[@zooski1516]

Yyou knew this was coming… It’s Por-sche. 2 syllables.

[@clearcut6818]

Tomato Tomato

[@RealRandyButternubs]

@@clearcut6818 no, it's a name. You don't pronounce Jorge as Georgie, Hugo as hug-o, Heckler & Koch as heckler and coach, Bugatti as bug-ati, etc.

[@stereo-soulsoundsystem5070]

Not in Libertese in these here United States varmint

[@GODWITHUS0712]

Don't forget that Ferdinand Porsche was the man that kick started Volkswagen with is the beetle Volkswagens first car created by Porsche

[@QuassaKE]

Are you saying that buying a Porsche is an ultimate finance bro flex ??

[@aluisious]

The number of times you mispronounced Porsche in this video is really something in itself.

[@bobthegamingtaco6073]

If they didn't want to be pronounced that way, they shouldn't have made such a fascinating video topic lol

[@davisbrett44]

It's kinda hard to take this video serious with him pronouncing it wrong ngl..

[@jakesnake1793]

I know! With all the presumed research that went into the video you’d think he’d have heard it’s proper pronunciation at least a dozen or so times. Literally 0:45 seconds in Charlie Sheen uses its proper pronunciation…

[@willy4170]

Now basically every company is always something else, mcdonald a real estate company, starcbucks a bank, porsche a hedge fund 😵‍💫

[@jdrancho1864]

GM a health care provider, Harvard and Yale hedgefunds as well.

[@MiguelSanchez-yp5vs]

@@jdrancho1864 wdym???

[@jdrancho1864]

@@MiguelSanchez-yp5vs What do I mean? Just that. Both Harvard and Yale are sitting on billions of dollars in endowment funds that are professionally managed in-house. GM's largest expenditures are to provide health and retirement benefits to former workers. That's why somebody once described the company as a health care provider masquerading as a car manufacturer, similar in a way how many state budgets spend a significant part on health and pension benefits to former employees for the rest of their lives.

[@MiguelSanchez-yp5vs]

@@jdrancho1864 Thank you,I should have been more specific, I meant GM being a Healthcare provider. That's the first time I hear this one. I'll look more into it.

[@filbao8113]

R u being sarcastic?

[@nomad4436]

Porsche also builds crazy yachts and penthouse apartments, I think there was one in Dubai that had a car lift, so you can stare at your Porsche while you are eating lunch!

[@nicoj9984]

Fun fact, just like Porsche AG and Porsche SE (Porsche Automobil Holding) are two different companies, "Studio F. A. Porsche", the 'Porsche' that designs yachts, buildings and other products and the one you a reffering to, is yet another, entirely different company - or at least it used to be: It was founded in 1972 as "Porsche Design Studio" by Ferdinand Alexander Porsche, designer of the 911, as an independent product design studio that, just like any other design studio, offered (and still does!) their services to basically everyone that wanted to hire them. They remained more or less independent (at least in an ownership/business sense) from the rest of Porsche until 2003, when Porsche AG (so the car company, not the holding company) bought the majority of Porsche Design Studio and later renamed it "Studio F. A. Porsche" (2015). You see, the video only scratches a tiny bit of the entire cluster... that is Porsche/Piech (and a lot of other big family owned conglomerates in Germany).

[@barbarosozturk]

What a great video to release while Volkswagen prepares Porsche for their own IPO!

[@jankadel5702]

Pretty bad research... Lower Saxony owns 20.1 % of ordinary shares, not total stock, since there are preferred shares

[@ravanpee1325]

Also Lower Saxon has a stopping Power by law called Lex VW

[@thomasyun423]

Wouldn’t it be more accurate to call it a private equity firm since it is buying a controlling stake and managing it better which is something that closer aligns with PE than a hedge fund?

[@ravanpee1325]

The Porsche SE is the holding company of the Porsche/Piëch family - who owns VW - whereas the Porsche AG is the car manufacturer - which is owned by VW

[@zieglerziga]

i love your channel and the content here but the love of god it is Porsche not Porsch

[@michelbruns]

so the currently traded porsche stock is a weird holding company that owns.. "a lot", and the new shares will be the real car porsche shares?

[@Nasduck]

Yes. Porsche SE is the Holding Company, Porsche AG will be listed and is the car maker.

[@kalebbruwer]

It's pretty weird that the stock market technically allows circular ownership... Like, how many shares must you buy in your parent company before you cause a stack overflow and crash the economy? /s

[@josephhesse2634]

Circular ownership won’t crash the economy. It is just sort of a way for executive lv highjack/coup the company from the original share owners

[@kalebbruwer]

@@josephhesse2634 But if A owns B and B buys out A, but A still has its shares in B... then whose in charge?

[@josephhesse2634]

@@kalebbruwer the executive lv of course, and they appoint their own board. I just told ya it’s like a government coup.

[@josephhesse2634]

@@kalebbruwer never saw executives of mother company fight with executives of child company?

[@josephhesse2634]

@@kalebbruwer you would be amazed by the japanese kereitsu or korean chaebol.

[@cw4861]

That was some awesome editing in the pre-ad video!

[@luisoncpp]

Fun fact: another possible transaltion for "Volkswagen" could be "wagon of people".

[@MrPiha]

another, no gas to makes cars

[@bcwatson0]

Excellent work tricking people into leaving a comment!

[@mateoavila354]

Great video! I studied this case in an investment banking course in my Master´s. The Porsche Family later did a spin-off of Porsche (separated Porsche from VW to make it an independent public company) but since the Porsche-Piech family would not lose control of its original brand they make VW issue special dividends to the shareholders with voting rights (i.e. Qatar and themself, but mostly themself) and used that cash (plus debt) to buy 25% plus one share of the new IPO voting shares. The remaining 75% of voting shares are still controlled by VW, which is effectively controlled by the family. They also issued non-voting shares to the public. So basically, they did an IPO from a company that technically was already public, recollected a bunch of money from investors, and did not lose any control of the company. All of this while not putting any of their own cash into the transaction.

[@Primaeva]

Well that explains stuff like Porsche Design, I was always confused what they were dabbling in on the side.

[@ravanpee1325]

Because the son of Ferry Porsche - Alexander Porsche, designer of the Porsche 911 - foundes his own Design studio

[@zer-ok9sn]

The calipers spinning with the wheels at 1:32 looks kinda weird

[@jfriesen39]

OMG your voice going either straight up it straight down at the end of every single sentence is utterly exhausting to listen to

[@demorbe-official]

Great video

[@magistermaximus]

I enjoyed your video, like every other video on your channel :) however I could not help noticing that you did not give the answer in the beginning of the video, however that habit is one of my favorite traits about your channel.

[@Tracked350Z]

I've been a Porsche fan from day 1. It was funny as hell in 2007 when Porsche was buying up all the shares of VW, just to build more debt, then be bought out by VW. Watching that unfold amongst other Porsche enthusiast was absolutely hysterical.

[@dshw]

That's a very interesting video. Thanks! (Just one small gripe: The intended English pronunciation is different according to the company itself 😉)

[@jakesnake1793]

It hurt hearing this pronunciation every dozen seconds…

[@rdj2398]

From engineering standpoint they are still the pioneers in cars, they started the luxury SUV trends back in decades, which major players are only picking up now.Started going electric when others still stood on the side lines.

[@epbrown01]

I've owned multiple Porsches and was a PCA (Porsche Club of America) member when the Cayenne was announced - the uproar and outrage were hilarious. However, I'll point out that BMW dropped the X5 in 1999 after hijacking tech from Land Rover. That got the luxury SUV ball rolling with German companies.

[@peterramsay1767]

‘’Courage taught me no matter how bad a crisis gets ... any sound investment will eventually pay off."

[@danromero533]

Making it out at a young age is quite difficult. I started a side hustle at 17, saved up and made some good investments. l'm 28,live on my own and having a good life for myself. Big ups to you and everyone out there trying

[@frankdouglas1562]

Sounds like plan, how do you put money to work?

[@danromero533]

@@frankdouglas1562 Yes it sure is. I put in money in investments and get profits. That 's how I make more money without working. This does not sound new to you right ?

[@frankdouglas1562]

@@danromero533 Thanks for replying me, I've heard so many people talk about investment but none had said how to do it right.

[@muyiwamg8841]

Am hoping on you can explain more on how you make extra income from investments

[@kohhop1650]

Hey man, great video. Just a little unsolicited feedback. I found the B-Roll quite distracting at times. The premise and info in the video are really interesting. Not much need to put flashy B roll in there imo.

[@migueldelmazo5244]

Great video. I'd love to see you do the Bundesliga next!

[@HowMoneyWorks]

Tell me more. I love ⚽️

[@vanshupmanyu842]

@@HowMoneyWorks would love a video on that

[@hello-friend990]

@@HowMoneyWorks most teams are owned by fans but still run as a successful business. Would like to know how it works

[@havanaday9981]

@@HowMoneyWorks smart man

[@gorak9000]

Ah yes, soccer / FIFA - the greatest --game-- corruption scheme on the planet!

[@vivekpanjesha3838]

Yet another day of realizing that I'll never be rich

[@adrianzyskowski1989]

The intro music is Daniel Avery - Drone Logic

[@JordyValentine]

The calipers on the animated Porsche are spinning with the wheels haha looks quite strange

[@VamboraSingapore]

Having Eminem there when you mentioned Detroit earned you a like hehe

[@workdaygourmet]

Weirdly impressed the investors with no voting rights get paid out first in the event of corporate insolvency, like there's accountability in decision making. Can't help feeling this is not the case with most US stocks (unless there's some obscure laws that enforces it)

[@thorstenbeuth1342]

preferred stocks are quite common, even in the us. they have usually higher yield on dividends as well.

[@tomlxyz]

It's a mix between bond and stock

[@James-un8io]

preferred stocks is not some legally enforced thing that exists just in Europe. plenty of US companies also have preferred shares

[@aluisious]

Rest assured there are no obscure laws to protect retail investors in the USA. No voting rights just means you shouldn't buy the stock.

[@chrisbowpiloto]

This is the case in the US and the laws that enforce it are not obscure.

[@valrhonaa]

this video came about one day too late for a convo I was having, but thanks anyway

[@davidebic]

Could you put links to the videos of how history works you mention in the description? I can't be bothered to look it up xD

[@andreww2194]

kzbin.info/www/bejne/fJq1Zpuajb-paaM . You're welcome :)

[@lovead1430]

It's hidden

[@I_Be_Major]

Need more vids!!!

[@wiryantirta]

Idk I just like Porsches because they don't light themselves on fire because "cutting edge" Italian electronics.

[@jcm2678]

You should do a video about Rolls-Royce. They too are two separate businesses.

[@jp_skywalker]

Who knew Porsche continued growing while their flashy competition like Ferrari and lambo constantly got bankrupt and bought by others. Impressive feat. To stay relevant and profitable for a long time.

[@hillelhalevi]

I like the last clip. What is that from?

[@adrianocanolla1383]

Those brake discs spinning with the wheels though...

[@Noah-my4pk]

Could you tell us how you do your research and how to analyse the economy?

[@peartkishi]

Great video.....I'm still confused.

[@SimonKelly7836]

I realized that the secret to making a million is saving for a better investment. I always tell myself you don't need that new Maserati or that vacation just yet. That mindset helped me make more money investing. For example last year I invested 80k in stocks (with the help of my Financial Advisor of course) and made about 246k, but guess what? I put it all back and traded with her again and now I'm rounding up close to a million.

[@Maricel_oronan]

The pandemic came and taught everyone the importance of having multiple stream of income, unfortunately having a nice paying job doesn't mean you are financial secured anymore. So we all need to put in an extra-income earning chance, like investments.

[@Jody8337]

Investment is that tiny line that separates the RICH from the POOR. The foolish from wise sorry to say. I can proudly say I am wise today because I can provide for my family through my investments.

[@beatrizjane3941]

Frugality is an attractive quality to the majority of the population. Being frugal is about putting your dollars towards the things you care about and not overspending on the things that don't matter.

[@miralucian5571]

Investment is the quickest way in acquiring wealth

[@osaka1866]

I have seen a lot of positive comments about Mrs Gillian on top comments of some KZbin videos

[@ravanpee1325]

The Porsche SE (fr. Sociéta Européan) is the holding company of the Porsche/Piëch whereas the Porsche AG (dt. Aktiengesellschaft) is the car manufacturer

[@lukasfoerster9316]

Would have been a lot easier if they named the holding company Piech SE.

[@ravanpee1325]

Piëch is a different family branch of the Porsche Dynastie. The Kids of Ferdinand Porsche were Ferry Porsche and Marie-Luise Piëch

[@marcs8395]

So Porsche SE owned Porsche AG. Then bought majority stake in VW and then sold Porsche AG. To VW while owning VW. That’s messed up

[@jvaralves]

That Detroit dig ouch xD

[@azirious666]

Balance as all things should be.

[@Out_the_matrix]

Volkswagen makes cars on the side Mitsubishi makes cars on the side

[@migueldelmazo5244]

Ford makes cars that wind up on their side.

[@Poverty_Welder]

@@migueldelmazo5244 or in a crowd of people

[@Katakagara]

@@migueldelmazo5244 😂😂😂

[@gilgamesh310]

I got lost here. This video needs to be watched multiple time.

[@ravanpee1325]

The Porsche SE (fr. Sociéta Européan) is the holding company of the Porsche/Piëch whereas the Porsche AG (dt. Aktiengesellschaft) is the car manufacturer. Porsche Design is a studio founded by the Designer of the Porsche 911 - Alexander Porsche, who wanted to do his own thing.

[@Terrencetulani]

I like Porsche more

[@battleshiparmorlord]

How History Works? Suscribed

[@altinshala313]

.... What ??? Good vid

[@ChocolateMilkCultLeader]

Would want to know more about this

[@ravanpee1325]

The Porsche SE (fr. Sociéta Européan) is the holding company of the Porsche/Piëch whereas the Porsche AG (dt. Aktiengesellschaft) is the car manufacturer. Porsche Design is a studio founded by the Designer of the Porsche 911 - Alexander Porsche, who wanted to do his own thing.

[@villevalste1888]

1:50 I guess I'm nothing like you, then. Books are amazing.

[@Elbrasch]

Same as Yahoo is now an Alibaba share holding company that has a website and an Emailservice as a hobby

[@jonvia]

Im beginning to think everything is a scam...

[@lukemorgan6166]

It is. The top dogs make the rules so their buddies make money while screwing the common man over

[@Michael-Gill]

Say it with me... Poor. Sha. PoorSha

[@ichkommentiernurkommentare7237]

Porshuh

[@clubbizarre]

I love that scene from transformers haha

[@miguelash886]

1:32 rolling calipers 🤔

[@munch92]

Simply put: Porsche owns Volkswagen, and Volkswagen owns Porsche.

[@GODWITHUS0712]

Negative Volkswagen owns Porsche and Porsche owns Volkswagen

[@NolorW]

You didn't link either the channel or the mentioned video in the description, not a good practice :D

[@spde]

Just shared this on LinkedIn with the caption: "If you want to understand how business in Germany works, watch this video" 😂🤣🇩🇪 Best explanation EVER in English 😁👍

[@thepilotist7297]

Great video, really! Wish you could have researched how to pronounce the name of the company you made the whole video about tho haha…it’s pronounced Porsche-Uh.

[@NachikethAttigadde1999AAHA]

Don't you just love the fact these businesses are able use the loopholes so effectively

[@petrolo72]

✔️ So let me get this straight, you know a guy who knows a guy, who knows a guy.

[@thewen]

Porsh-uh, not porsh. all the clips you've included have the correct pronunciations

[@Nuibuddy]

Get over it

[@lordlynkz]

the most academic delivery if "Cluster Fuck"

[@Gamesational1]

And starbucks, and mcdonalds are real estate comapnies.

[@jp_skywalker]

What a Godzilla! Haha what a boss move! VW thinks they own Porsche but Porsche owns them.

[@giggleanthropisticon7061]

Background music too loud at the beginning

[@alandunlap3614]

I thought the Roman Empire was complicated 😀

[@MrPhyCycle]

There's no such thing as a visual or auditory learner.

[@alandunlap3614]

I have never felt so clued in , yet so lost at the same time

[@kennethelliott5985]

Porsche is an engineering firm that sometimes makes cars

[@ravanpee1325]

Nope, there are 3 different Porsche Companies. Porsche SE (Family Holding), Porsche AG (Car manufacturer) and Porsche Design (industry Design)

[@daniel3257]

PORSCHE! God damnit. Not "PORSCH". You even had folks in your own video pronouncing it correctly.

[@hitempguy]

He bleeped the clip having f$k in it but then said clusterf&$k after. I chuckled

[@inline6bov]

por-sha!

[@wazoo41]

you mispronounced porche the entire video it is pour-sha

[@timothyharshaw2347]

Or more precisely Porsh-Uh Porshuh

[@motivationmindset4823]

​@@timothyharshaw2347 PorschE

[@wazoo41]

@@timothyharshaw2347 is your last name pronounced har-shaw or is it harsh-aw

[@timothyharshaw2347]

@@wazoo41 excellent question; Harr-Shaw

[@midimusicforever]

Well, that's a mess.

[@Thinking_Business]

The sad fact is that Porsche is one of many companies that operate like this. Companies like Apple, Adobe, and Starbucks have all realized that “financial innovation” is MUCH easier that real business innovation. It’s the same reason Apple hasn’t come out with a decent product in years but still manages to grow its revenues every year

[@aluisious]

Your edgelord opinion doesn't change the fact that iPhones are pretty good and lots of people like them, along with the laptops, $1000 monitor stands, etc. Apple is great at selling stuff. Deal with it.

[@sibral]

Wow. This is more confusing than Mitsubishi, which makes everything from pens to airplanes.

[@sketchmandahana]

Isn’t that the same Manchester United is doing with football?

[@alex0589]

the animation with the brakes spinning.....u good?

[@HighAvenger]

Sounds like Enron

[@kassimbabika]

"Hey! It's 'Porsch-ah'!"

[@Maxi86inAction]

The E isnt silent

[@jakesnake1793]

‘PORSHHH’

[@mongstyt9946]

Oh boy! A lot of people are angry about the way he pronounced Porsche. Porschè-Porch; narrator which is it.😅