Wall Street Pro Reacts to Billions TV Show (Episode 1)
Book a call with our team here so we can help you break into finance (investment banking, hedge funds, venture capital, private equity and more): https://cal.com/chrisharoun/meeting-w... _____________________________ In this video a former Goldman Sachs employee who worked at the top hedge funds reacts to Billions, including the TV show's accuracy and lessons that investors must pay attention to. Key topics discussed are how much money hedge funds employees make, how to avoid insider information, how hedge funds invest, the office environment, ethics and much more. The video Wall Street Pro Reacts to Billions TV Show contains closed captions. See my other Billions & finance movie reaction videos (which also teach finance lessons): → Wall Street Pro Reacts to Billions (Episode 2): • Wall Street Pro Reacts to Billions TV Show... → Hedge Fund Activist Investor / Firing CEO: Wall Street Pro Reacts to Billions TV Show (Episode 3): • Hedge Fund Activist Investor / Firing CEO:... → Short Selling Explained: Wall Street Pro Reacts to Billions (Episode 4): • Short Selling Explained: Wall Street Pro R... → Insider Trading Arrest at a Hedge Fund: Wall Street Pro Reacts to Billions TV Show (Episode 5): • Insider Trading Arrest at a Hedge Fund: Wa... → What Hedge Fund is Billions Based On?: Wall Street Pro Reacts to Billions TV Show (Episode 6): • What Hedge Fund is Billions Based On?: Wal... → Hedge Fund Secrets: Crisis, Wiretaps, Wealth: Wall Street Pro Reacts to Billions Show: (Episode 7): • Hedge Fund Secrets: Crisis, Wiretaps, Weal... → Hedge Fund 9/11 Profits, Panic Rooms & Deceit: Wall Street Pro Reacts to Billions TV Show: Episode 8: • Hedge Fund 9/11 Profits, Panic Rooms & Dec... → Wall Street Pro Reacts to The Wolf of Wall Street Movie: • Wall Street Pro Reacts to The Wolf of Wall... → Wall Street Pro Reacts to The Movie Wall Street: • Wall Street Pro Reacts to Wall Street Movie _________________________________ → Get More Great Finance/Investing Tips - Subscribe → https://www.youtube.com/ChrisHarounVe... _________________________________ Here are the Clickable Chapters for the video: 00:00 Introduction 00:43 How Much Money Do Hedge Fund Employees Make? 02:06 Who is Lawyer Chuck Rhodes Based On? 03:14 What is the S.E.C.'s Role (Securities and Exchange Commission) 03:27 What are Insider Trading Rules? 04:31 Office Accuracy of Hedge Fund Axe Capital 04:55 Who is Billionaire Bobby Axelrod Based On? 05:15 S.E.C. Investigation Analyzed (What Do they Look for?) 06:05 Call and Put Options S.E.C. Investigations 07:36 Hedge Fund Philanthropy 08:01 Why do Many Billionaires Break the Law? 08:31 Do Hedge Funds Have Psychiatrists On Site? 09:29 What is Alpha? 10:02 What is a High Water Mark? 10:47 Ethics & Insider Trading In Action Analyzed 12:19 Long & Short Explained 12:50 Axe Capital vs. Galleon Hedge Fund Scandal 14:07 Why Hedge Fund Analysts Break the Law 14:55 How Hedge Fund PMs Let Analysts Get In Trouble 15:31 Comparing Rhodes to Preet Bharara 16:13 Why the Government Doesn't Prosecute More Hedge Funds 16:36 Wearing a Wire 17:20 4 CIA & FBI Tips of Detecting Lies that Hedge Funds Use 18:47 Journalists & Hedge Funds (& Jim Cramer at Goldman Sachs) 20:57 Above the Law Attitude of Hedge Fund Billionaires 21:37 Why Hedge Funds are Underperforming ("Regulation FD") 23:07 Leverage & Market Neutral Explained 24:01 Liquidity (Only Invest in Liquid Stocks) 25:54 Meditation Used by Hedge Funds 26:51 Rating Bottom Line (Buy, Sell or Hold Rating?)
