So that’s how that works (or Cute with Paddy)

December 23, 2008

hedge

If you have been watching the news these past few months, you hear a lot of terms being thrown around while discussing the cause of our current financial mess. Things like hedge funds, credit default swaps and mortgage backed securities. I, like most people, have heard these terms for a while but don’t fully understand what they mean. Wiki helps a bit but sometimes reading what something means and understanding are two completely different things. That’s why I was so happy to find this guy (thanks to Greg Mankiw’s Blog (and I don’t understand half of what he says either but I still recommend reading it.))

Not only does he do an excellent job of explaining the murky and sometimes boring world of financial markets and big business, he also happens to be really cute and has a great Irish accent (this shit is important).

Hedge funds made simple:
Vodpod videos no longer available.

more about "A look inside hedge funds on Vimeo", posted with vodpod

Leverage and balloons. That’s the stuff.
Vodpod videos no longer available.

more about "Leveraging and deleveraging on Vimeo", posted with vodpod

More understanding (and cuteness) can be found here. Thanks, Paddy!

Sorry, Dan Mitchell. You are now officially considered back door trade.

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5 Responses to “So that’s how that works (or Cute with Paddy)”

  1. superdave524 Says:

    I’ll definitely watch… I’ll probably watch… Shoot, who am I kidding? I might watch those videos after Christmas.

  2. superdave524 Says:

    (I told you, I have the attention span of a… hey! A puppy!

  3. superdave524 Says:

    Merry Christmas, John.

  4. colio2007 Says:

    he’s a cutie indeed. merry christmas, mate!

  5. John in IL Says:

    Happy Christmas to the both of you too!


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