ShmoopTube
Where Monty Python meets your 10th grade teacher.
Search Thousands of Shmoop Videos
Managed Funds Videos 236 videos
What's a dividend? At will, the board of directors can pay a dividend on common stock. Usually, that payout is some percentage less than 100 of ear...
What is the Efficient Markets Theory? The Efficient Markets Theory says that stocks trade at their fair value all of the time, assuming all informa...
What is a Fund of Funds? A fund of funds is a mutual fund strategy that invests in other funds rather than investing in stocks or bonds. The underl...
Finance: What is Selling Away? 8 Views
Share It!
Description:
Selling away is the practice of selling securities that aren't under the seller's auspices to sell.
- Social Studies / Finance
- Finance / Financial Responsibility
- College and Career / Personal Finance
- Life Skills / Personal Finance
- Finance / Finance Definitions
- Life Skills / Finance Definitions
- Finance / Personal Finance
- Courses / Finance Concepts
- Subjects / Finance and Economics
- Finance and Economics / Terms and Concepts
- Terms and Concepts / Bonds
- Terms and Concepts / Charts
- Terms and Concepts / Derivatives
- Terms and Concepts / Ethics/Morals
- Terms and Concepts / Investing
- Terms and Concepts / IPO
- Terms and Concepts / Managed Funds
- Terms and Concepts / Stocks
- Terms and Concepts / Trading
Transcript
- 00:00
finance a la shmoop what is selling away? well it's not allowed it's not cool it's
- 00:09
not kosher a stockbroker registered wrapped financial advisor or otherwise [Man discussing selling away]
- 00:14
licensed agent of the brokerage places a call after the big Bar Mitzvah bash and
- 00:20
says yes / it's burned dog have I got a deal for you [Man talking on the phone]
- 00:24
these bite coins bat coins but coins I don't know whatever they're called this
Full Transcript
- 00:28
coin Bitcoin thing it's really owned places we don't make a market in them
- 00:32
idiot conservatives at my firm they won't change fast enough but listen see
- 00:37
here I think you should buy them they're going to the moon in a good way but [Butt coin launching into air]
- 00:41
coins and Jesper replies why burn dog I know little of the crypto crypto world [Jesper talking on the phone]
- 00:46
what about those shares of Google you are preferring just the other day
- 00:50
Google's moogle they're all the boring stocks on our approved list if you get [Man presenting to group at a meeting]
- 00:55
analysts here they even have buy ratings on the stocks boring you don't get rich
- 01:00
owning them but burn dog you don't get poor either do you old chap there yes
- 01:05
yeah yeah well they're all still private bit but coins that's it it's like the [Person flips a butt coin]
- 01:09
company who makes the coin or stamps them or something private placement very
- 01:13
hush-hush you can't get them here you got to go through our rival firm do we
- 01:18
cheat them in how no they're not such bad guys I'm selfing buds with Dewey and
- 01:22
Cheatham well anyway yeah heard you were wanting to get rich and thought I'd run
- 01:26
this by you like you're buying crap though crypto crypto currency whatever [Bernie talking to Jesper on phone]
- 01:30
like why not buy through a friend right well burn dog yes where i buying I'd be
- 01:36
happy to give you the Commission but I really don't know anything about these
- 01:39
virtual currencies selling away is the practice of selling securities that
- 01:44
aren't under your auspices to sell like getting a rival firm to sell them to a
- 01:49
buddy that is when you sell away you're getting a competitive brokerage or
- 01:53
another player who makes a market in the stock to take that transaction away from [Cash and bitcoin transferring from Jesper to rival firm]
- 01:58
your firm hello disloyalty dot-com generally speaking in bitcoins and
- 02:02
whatever when you go to the dance you dance with the one who brung you [Man and woman dancing]
Related Videos
GED Social Studies 1.1 Civics and Government
What is bankruptcy? Deadbeats who can't pay their bills declare bankruptcy. Either they borrowed too much money, or the business fell apart. They t...
What's a dividend? At will, the board of directors can pay a dividend on common stock. Usually, that payout is some percentage less than 100 of ear...
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...