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Ethics/Morals Videos 193 videos

Finance: What is Selling Away?
8 Views

Selling away is the practice of selling securities that aren't under the seller's auspices to sell.

Finance: What is maturity?
1 Views

Maturity is, quite simply, the date when a debt becomes due. As for our maturity, well... we're still giggling about the word "due."

Finance: How Are Risks and Rewards Related?
589 Views

How are risk and reward related? Take more risk, expect more reward. A lottery ticket might be worth a billion dollars, but if the odds are one in...

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Finance: What is Asymmetric Information? 25 Views


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Description:

What is Asymmetric Information? The idea of asymmetric information applies to basically all transactions. It exists in the financial world because knowledge and information is not equal; advisors know more about investments than their clients do, and that’s why they get hired. It also refers to the party selling having more knowledge than the party buying, or (less common) vice versa (because if someone is selling something they should be knowledgeable about it).

Language:
English Language

Transcript

00:00

Finance allah shmoop what is asymmetric information Well asymmetry happens

00:08

when two sides of something aren't equal think giant red

00:13

wood and we'd regular crab and fiddler crab recumbent bike

00:18

and a eunice cycle well in the financial world asymmetric

00:22

information exists when one side of a transaction think inside

00:27

trader scumbag who collects briefcases full of cash from somalia

00:31

in overlords versus a normal joe six pack investor trying

00:36

to fairly participate in the stock market So he has

00:39

a pension to retire on while bouncing great grandchildren on

00:43

his newly installed robotic knees Well discount needs don't go

00:48

there Your summer college job is cleaning the house of

00:52

the ceo of whatever dot com currently trading at eighteen

00:55

bucks a share as you empty her garbage one night

00:58

pushing away adult diapers in the process Yes she has

01:01

a lot of pressure on the job on this conference

01:03

calls and saying ooh a lot I push that away

01:07

You realize that microsoft is buying her company for thirty

01:10

dollars a share You then by a ton of stock

01:13

at eighteen bucks you had a symmetric information because you

01:18

dug through the trash and you found the memo from

01:20

whoever the ceo is of microsoft these days to her

01:23

and that was bad You didn't have to act on

01:26

that information like you could have just done a whole

01:29

lot of nothing and not repeated it to anyone and

01:31

left the stock at eighteen dollars until it was all

01:33

in the news at thirty and moved on and still

01:36

have your job cleaning her trash Having inside information isn't

01:40

illegal but doing something to benefit yourself tor You know

01:44

your loved ones is illegal So if you trade based

01:48

on inside asymmetric information well then you just committed a

01:52

felony It's called insider trading And while here's hoping you

01:56

look good and either orange or black or or both

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