This is part 1 of a new Economics series! SUBSCRIBE so you don't miss out. Let me know in comments what concepts you'd like explored next! Sponsored by Brilliant | Use brilliant.org/artoftheproblem for 30-day free trial and 20% discount
@@mikeg9b great question I remember asking this. The key reason is the company owns the majority of their stock. so it's like asking why would you care about the value of your home even though you only own half of it. please let me know if this didn't clear it up
I'm not lying when I say this: This video made the stock market easier to understand than Veritasium's "The Trillion Dollar Equation" video did. You didn't go into as much detail as Veritasium did but what you did say, was way easier to follow and understand, even in the first watch, and thats something to be proud of. In Minecraft, I play this game in the Hypixel server called Skyblock - the multiplayer aspect of which closely resembles the real life economy to some degree. Just having the slightest idea of how the economy worked there made me compare it to what is being shown here and it became suprisingly easy to understand. 10/10 would subscribe.
9:50 In college we used a book called "Signals and System" in which there's this comic strip: Wall Street Investor asks a Guru if he could tell him how the stock exchange would be one year later; the Guru replies but notes "it will take a while"; "How long?" ... "One Year" said the Guru.
Two men are crossing each other on a road. One is going towards the village and the other is going in the oposite direction. The first one stops and asks the second; how long till I can get to the village? The other says; walk! The guy asks again and recives the same reply; walk! He shakes his head in disbelief at the rudeness of the stranger and continues on his way... As he has walked for a while, he hears the other guy shout from behind: 40MINUTES till you get there!
This reminds me of when UA-cam was a juggernaut of learning. No click bait, no stupid animations, just information. This video takes a complex topic and doesn't dumb it down for views. I love it.
@@expchrist wow this is such a honour , I have much more planned so would love to share future scripts with you for feedback if u shoot me An email , what’s the research on?
I am psyched for this. Your videos are at the top of my list of “people who know how to explain stuff.” Like Branch Education… they can dumb it down without making you feel stupid.
@@ArtOfTheProblem This one opened my eyes to the nature of the market, and why it feels so emotional. Up until now, i just assumed it was only reactionary, but it’s projecting. It’s the people that are reactionary and cause it to project seemingly emotional realities and futures. But, it’s also both, like an ouroboros. As usual, i am given insight into something i normally took for granted and have a new, elevated understanding. So, it was right on the money for me! 💵💸
Please make more market/finance related videos. This was phenomenal. Going in that special playlist where I have my top YT videos of all time. Seriously, I loved every second
Yes this is the first in the series! I'm thrilled to make the rest of it as I love the subject. stay tuned. I'd love to see this playlist of yours can you share?
great video and i am excited for the series! your channel is so underrated. i'll do my best to send the appropriate price signals until the markets rate your content properly 😅
One of the best videos on explaining the history of trading as well as the basics of it in a simple straightforward manner. I applaud you and can’t wait for more videos on future, options, bonds etc
THANK YOU, i'm pumped to keep going. so glad people responded to this. there is a "gap" in the market for explaining the market and I want to fill it at last...
appreciate this, i sweat over each word. funny story when I made my first videos they were my wifes voice as I didn't like mine, and when that led my to khan academy Sal Khan thought he should do my voice and then I asked if I could try...
@@itsrinayaaa yes i'll look at that paper, and also flashboys and such will come up later. i almost delt with flashcrash here but I cut it so I could doit proper justice
@@lakastusmanatus thank you I'll take this into account when pressing onwards. i do plan to cover firms, and eventually politics via monetary policy first
yes i'm glad you noticed, i felt there was a huge gap to fill with a ton of glossing over. at all levels actually when you think of it. How people even communicate investing is "a mess" !
Newton's quote kind of hit home. As an actuary I've had to study numerous stochastic models for market variables like interest rates and stock prices, and every model came with the caveat that it's likely completely wrong. I remember reading a line from a book from Derman which meant something like 'in physics we calibrate the gravitational constant once, and it's always correct. In finance, we have to calibrate the model every single day'. And another quote that went along the lines of '1 physics equation can explain 99% of the physical world, while 99 financial models can explain 1% of the stock market'. All in all Newton shouldn't feel too bad about himself, we still haven't figured this out, because the madness is just too inconsistent to be captured by mathematics like we expect to in physics. As always, love your retro style videos. You explain extremely well but this style is what's truly unique about this channel. I found your channel many years ago when I was a kid and learnt what RSA encryption was from you, and I kept watching because I loved how you blended retro themes and short little clips (I distinctly remember Alice and Bob tossing coins and shouting 'heads!' in a dark room) into your explanations.
I love that caveat :), so so interesting to hear. I've always wondered about acturary it seems like there is some dark arts behind the scenes. Also I remember making that shouting scene. Thanks for sharing the RSA detail it's fun to hear all the interesting things people have done who have crossed paths with it
I think the problem with calculating future market trends is that humans are very much NOT, "rational actors." I am reminded of a short story about Pandora's box where 'hope' gets out of the box. Two men walk down a road planning to rob the next person they see. They hope it will go well. They hope he will have a great amount of money. Hercules smiles and waves as he sees the two men approach.
So this is why there are more and more coffeehouses in the UK each year! They are going back to the 17th century trading practices! Good video btw. Can't wait for the upcoming ones :)
Great video! I really liked your use of analogies to explain the market. I'm not sure what your plans for the future are, but I'd be interested to see a video on speculative bubbles. Just an idea!
You always have such a magic way of visualising and explaining topics. I was wondering if you would eventually release the soundtrack to your AI Series on bandcamp like you did for your previous series? There's a couple songs in the videos I would love to listen to
How can one person be heard over the cacophony of screaming voices in a room filled with people loudly proclaiming what is selling and what has been sold?
That's that magic of the human ear. Your ear/brain can focus on a singular voice in a crowded & loud room. Looking directly at the person often helps focus the brain on this singular voice.
You need more subs, this is great stuff. Do you know how Tesla’s FSD supervised (V12/V13) works? Would love to see an in depth video on it, including computer vision, machine learning, sudo-lidar using vision only, and AI.
thank you! I'd love to go deeper into that, in my AI series i go into things related to it...hm...have you looked around at other videos and does it feel like there is a gap?
@ A bit, but I feel like computer vision, sudo lidar, and environment understanding are things I’d like to see covered, as well as predictive algorithms and how if a vehicle or humanoid robot encounters an unusual situation it can think its way around the problem, whereas with traditional hard code it can get stuck. (As it doesn’t know how to control for it)
@@FluffyGoat91515do humans and GANs “think” in urgent, emergent situations or do they simply have the ability to react outside of established “rules” which has the immediate benefit of forestalling disaster and is only later re-imagined as an application of reason? The distinction applies within the stock market model. Subsistence is its own reward, but the celebration of “halt so you don’t catch fire” choices as predicative is fallacious.
Honestly, I think the automation of the system is a little sad. The whole outcry system with the shouting and the exchange clerks writing down participants' numbers and the other clerks logging the transaction into the stock ticker tape looks so iconic and exciting.
thanks! i do have a AI summary video coming, i was thinking of overviewing the last 6 years of my AI videos into one key takeaway video. separately were you thinking about LLM's and their relation to markets? i could get into that as well later on
Genuinely one of the most interesting videos I have ever watched and it just ends abruptly. I feel like I was robbed. Like you were going to go deeper into prediction markets, philosophy, meta games,and analysis like hyperstitions. Maybe a narrative spin into a "minority report type future". Like you alluded to it. This was soooo cool. This is collective unconscious super psych stuff.
@ man. Subscribed fl. turning the bell icon on. I await your return great sir. (I might be using my ALT and more serious account to view. This is serious business dawg). Happy holidays friend.
Before the electronic stock system there was a book called “Behold a pale horse” It is 80% far fetched stories but in that book he says there is a computer in a mountain that controls all the prices of commodities etc. The book was released in 1991 but its perspective is historical from which it would have been hard to believe there was such a thing but the stock market is such a thing.
The water metaphor is one I have also used in the past to conceptualise the stock market. I recently set a limit order for rigetti stock at 3.20 and I was watching it fluctuate around 3.21 and 3.22, assuming it would go back up. I remember having the feeling that 3.20 was the shoreline and I was sitting there in a boat watching the waves lap against me, inching forward, and that if they reached me, they would pull me out with the tide, and if they stopped just short of me, I would miss the wave. It was out of hours so I couldn't trade any more, but the limit was still active. Luckily it reached 3.20 and the wave did take me along with it.
I love your videos! I first discovered your channel looking up school work and learned from the demonstration you did of cryptography using beads that’d you’d glued together in circles - I always thought that was a really cool way of visualizing it. Then we did a unit on information theory and Lo and behold your information theory playlist is one of the greatest things I’ve ever seen. Now, I’m starting a job at a fintech company and you make this - joy! (Also I remember somewhere in the middle there you made like a movie from random people you found on Craigslist filming themselves or something? What happened to that? Or did I imagine that?)
@@K0P woah so amazing !!! Yes that video I made public again “say you love me” it’s in my video feed , thanks for sharing this I truly loved that info theory series … I feel like I should make a super cut of it one day ,,, congrats on the new job , curious what role ai plays
@ I’m really interested in market psychology of stuff like FOMO, panic buying/selling, etc. of how peoples minds and emotions play into the movement of the market
@ArtOfTheProblem gold requires money to be borrowed in order to fund the extraction of gold. Therefore, the price of gold must be inflated to cover the continuing rise in the cost of extraction plus interest.
@ArtOfTheProblem right, market price is based on the money supply and the number of willing buyers who have inflated currency. A mining engineer told me that cost to mine and refine gold is $500 per ounce and falling.
well thats not a issue if we mine more gold from outer space you know. but noope we keep mneing less and less gold on earth becue we are ruing out of gold to mine on earth. so where is the next gold rush giong to be. ITS IN SPACE ON THE MOON AND MARS. wey do you think china and nasa and space x and bacly everynoe with some brains are trying to make comernsal space lfith flight a thing is bescue WE CAN MINE MORE GOLD IN SPACE for the soalr isstem then whe nwe get ftl drives then mine gold from otehr starsistems and even just trun pure enrgy into ANYTHING soonr or later you know.
Really, they act as a ‘system’; in that the systems inputs are buyers and sellers offering and agreeing on a price that is published in near-real-time. The feedback loop of closed-loop control system is formed when the trading price is published, formerly on trading floors, ticker systems, today through the Internet and high-speed fiber optic and microwave networks.
Really, they act as a ‘system’; in that the systems inputs are buyers and sellers offering and agreeing on a price that is published in near-real-time. The feedback loop of closed-loop control system is formed when the trading price is published, formerly on trading floors, ticker systems, today through the Internet and high-speed fiber optic and microwave networks.
man, trying to place trades as a human on a trade terminal like Think or Swim or IB terminal is nearly impossible. I by the time you enter your options trade price, the price has already changed too much for it to fill. I was forced to use There APIs just so I can fill when I want to.
yes this is why i tend to just use market orders when I really need something to fill...i used to be scared of market orders, but missing a trade is worse
Thank you! First time I took the hook really seriously and thumbnail title - going to try again next week “the translation error that transformed the world”
Next video your gonna be talking about futures contracts. That'll be intresting cause this video about the market is good. Also you should go over options contracts those are intresting to.
I'm glad you asked, this was my first attepmed at using entirely AI generated music. i was amazed at how good the tools were....i just setup my "feeling" and it generated all these versions for me to use
@@ultralaggerREV1 I know I used Suno. and specifically, i found a 9 second clip of sound I liked, and used it to extend the sound in various ways (and so that's why there is a motif to everything)
A genius like Newton got burnt, and 300 years later, market bros with maybe half his IQ still glorify their gambling habit as "predicting the future"... by all means, keep this series going, it's hilarious!
Very interesting video! I was wondering if the animations of the graphs with the colored lines etc. were simulations you did. If so, I would love to read more about that!
@@sietsebuijsman8523 you know what this was the first time i used Claude to make stuff and it was incredible … it would have taken days and days (weeks?) and with Claude I made those in maybe 2 hours , I should share links to the projects
This is part 1 of a new Economics series! SUBSCRIBE so you don't miss out.
Let me know in comments what concepts you'd like explored next!
Sponsored by Brilliant | Use brilliant.org/artoftheproblem for 30-day free trial and 20% discount
The stock market can help a company raise money in an IPO. But after the IPO, why should the company care about its stock price?
@@mikeg9b great question I remember asking this. The key reason is the company owns the majority of their stock. so it's like asking why would you care about the value of your home even though you only own half of it. please let me know if this didn't clear it up
@@mikeg9b for making more companies
Please can you revisit the water level analogy in more detail - it’s fascinating and maybe deserves some more time!
😂
This is genuinely the first explanation of the stock market ive ever fully understood
Agreed. This video allowed me to just start to grasp what it is and how it works. Pretty insightful video for me.
Real. Not like I made any research on my own, this video was completely unprompted yet delivered.
I agree, I think the history of how it formed helped a ton
for real. i wouldn’t have this knowledge if the video didn’t exist, i am grateful
agreed
I'm not lying when I say this: This video made the stock market easier to understand than Veritasium's "The Trillion Dollar Equation" video did. You didn't go into as much detail as Veritasium did but what you did say, was way easier to follow and understand, even in the first watch, and thats something to be proud of.
In Minecraft, I play this game in the Hypixel server called Skyblock - the multiplayer aspect of which closely resembles the real life economy to some degree. Just having the slightest idea of how the economy worked there made me compare it to what is being shown here and it became suprisingly easy to understand.
10/10 would subscribe.
amazing thank you. i do plan to build to go much deeper in the videos that follow!
9:50 In college we used a book called "Signals and System" in which there's this comic strip: Wall Street Investor asks a Guru if he could tell him how the stock exchange would be one year later; the Guru replies but notes "it will take a while"; "How long?" ... "One Year" said the Guru.
:)
Two men are crossing each other on a road. One is going towards the village and the other is going in the oposite direction. The first one stops and asks the second; how long till I can get to the village? The other says; walk! The guy asks again and recives the same reply; walk! He shakes his head in disbelief at the rudeness of the stranger and continues on his way... As he has walked for a while, he hears the other guy shout from behind: 40MINUTES till you get there!
This reminds me of when UA-cam was a juggernaut of learning. No click bait, no stupid animations, just information. This video takes a complex topic and doesn't dumb it down for views. I love it.
THANK YOU, i remember those days too....
UA-cam is full of gems like this channel. You have to tell the algo what you want to see by liking the good stuff
@@ArtOfTheProblem good stuff
Idk why you hating on animations now. If you hate cartoons thats a you problem😂
Price shouting in a public space is indeed madness. I think I agree with Newton
This is a remarkable video that explains key insights upon which my own research is based.
@@expchrist wow this is such a honour , I have much more planned so would love to share future scripts with you for feedback if u shoot me
An email , what’s the research on?
@@ArtOfTheProblem my favorite lemon market: Community whistleblowing
Google: "The Whistleblowing Community Market is a Lemon"
@@ArtOfTheProblem My favorite lemon market: Community whistleblowing.
Google: "The Whistleblowing Community Market is a Lemon"
I'm also interested to know what your research is about
I am psyched for this. Your videos are at the top of my list of “people who know how to explain stuff.”
Like Branch Education… they can dumb it down without making you feel stupid.
thanks let me know what you think!
@@ArtOfTheProblem
This one opened my eyes to the nature of the market, and why it feels so emotional. Up until now, i just assumed it was only reactionary, but it’s projecting. It’s the people that are reactionary and cause it to project seemingly emotional realities and futures. But, it’s also both, like an ouroboros.
As usual, i am given insight into something i normally took for granted and have a new, elevated understanding. So, it was right on the money for me! 💵💸
@@brainmuffins6052 We react to new information by updating our predictions. In a way, this sums up all the things our brains do.
@@brainmuffins6052 lol a bit grandiose there pal
You can tell this is the real thing because all the men in the video are wearing realistic hats.
sahahha
What about the future trade?Feels like the video ends when its about to get the most interesting part. Will we get a part 2?
@@Crapsight coming soon!!
*the Futures trade.
He knows how to leave a cliffhanger
@@ArtOfTheProblem subbed
MORE OF THIS!! markets as complex adaptive systems is a goldmine of content
yes it's going to b a wild ride
Please make more market/finance related videos. This was phenomenal. Going in that special playlist where I have my top YT videos of all time. Seriously, I loved every second
Yes this is the first in the series! I'm thrilled to make the rest of it as I love the subject. stay tuned. I'd love to see this playlist of yours can you share?
great video and i am excited for the series! your channel is so underrated. i'll do my best to send the appropriate price signals until the markets rate your content properly 😅
I feel the same way and I did the same thing only my price placed on the value of this video is 2x your price placed on the value of this video.
@@expchrist how about now
I really like how you craft your stories to be simple enough relatable to grasp the knowledge
@@ujwaldhakal6004 thank you I work hard to find that balance
One of the clearest and best-visualized explanations of the stock market I've seen. Really great stuff.
I really really appreciate it. i was waiting literally over a decade to get to this
Loved, it, especially the part about buy and sell being waves, this seems like an analogy worth exploring further, maybe someone already did?
@@lazybrick8787 I never saw it before ! I do plan to go deeper though someone mentioned there was a quantum connection
One of the best videos on explaining the history of trading as well as the basics of it in a simple straightforward manner. I applaud you and can’t wait for more videos on future, options, bonds etc
THANK YOU, i'm pumped to keep going. so glad people responded to this. there is a "gap" in the market for explaining the market and I want to fill it at last...
This guy talks at the perfect pace. We appreciate the attention to detail
appreciate this, i sweat over each word. funny story when I made my first videos they were my wifes voice as I didn't like mine, and when that led my to khan academy Sal Khan thought he should do my voice and then I asked if I could try...
Awesome explanation, and very vivid illustrations!
Thanks for your work Brit!
Appreciate this , had a ball making it
One of the most underrated YT channels
Please share if you know more
@@WojackHorseman6969 yt deletes links.
Google
*reddit math youtube channels*
or whatever subject. People maintain lists.
@@WojackHorseman6969 Artem Kirsanov.
Anyone else? We should all add to this, use this thread to add little gems we know.
@@WojackHorseman6969 hmm youtube deleted my reply. Another good youtuber is Artem Kirsanov
Can't wait for the next parts. Hope you cover trading bots and their different types
i do plan to get into trading, and algorithmic trading
Please speak about Flashbots! Maybe even Flashbots 2.0 (the paper).
Flashboys deserves a mention too of course
@@itsrinayaaa yes i'll look at that paper, and also flashboys and such will come up later. i almost delt with flashcrash here but I cut it so I could doit proper justice
@@ArtOfTheProblem Love to hear it! Thank you :)
Is there a Discord or something foe you/your community?
@@itsrinayaaa not yet currently i just have a patreon where i post stuff and such www.patreon.com/artoftheproblem
This video a hidden gem, and your analogy is good
thanks you glad to hear this resonated I was so happy when the analogy came to me during research (during an argument with a friend no less :)
@ArtOfTheProblem also I had request so made a video about politics and satellite state
@@lakastusmanatus thank you I'll take this into account when pressing onwards. i do plan to cover firms, and eventually politics via monetary policy first
This is very well explained. Hoping for a series on this topic
yes this is just the first video, stay tuned
Have been wait for this video so long, thank you.
hope it lived up, i can't WAIT to go deeper this was way too fun
The best explanation of the market using water level and beads
...just tried to DOUBLE like this video. Such good information in an easily digestible nugget. Well done! Thank you!
@@christopheralbright9650 thank you!! Stay tuned for more
great video! thanks for making this
glad you enjoyed, first economics video from me and many more planned
Brilliant video, this is the only video i have seen that goes in this detail specially the early history. KEEP IT UP!
yes i'm glad you noticed, i felt there was a huge gap to fill with a ton of glossing over. at all levels actually when you think of it. How people even communicate investing is "a mess" !
Hey thanks for putting your advertisement at the end of the video I actually watched the whole advertisement because that was awesome of you
Part 2 required. This is awesome
Working on it now !
Newton's quote kind of hit home. As an actuary I've had to study numerous stochastic models for market variables like interest rates and stock prices, and every model came with the caveat that it's likely completely wrong.
I remember reading a line from a book from Derman which meant something like 'in physics we calibrate the gravitational constant once, and it's always correct. In finance, we have to calibrate the model every single day'. And another quote that went along the lines of '1 physics equation can explain 99% of the physical world, while 99 financial models can explain 1% of the stock market'. All in all Newton shouldn't feel too bad about himself, we still haven't figured this out, because the madness is just too inconsistent to be captured by mathematics like we expect to in physics.
As always, love your retro style videos. You explain extremely well but this style is what's truly unique about this channel. I found your channel many years ago when I was a kid and learnt what RSA encryption was from you, and I kept watching because I loved how you blended retro themes and short little clips (I distinctly remember Alice and Bob tossing coins and shouting 'heads!' in a dark room) into your explanations.
I love that caveat :), so so interesting to hear. I've always wondered about acturary it seems like there is some dark arts behind the scenes. Also I remember making that shouting scene. Thanks for sharing the RSA detail it's fun to hear all the interesting things people have done who have crossed paths with it
I think the problem with calculating future market trends is that humans are very much NOT, "rational actors." I am reminded of a short story about Pandora's box where 'hope' gets out of the box. Two men walk down a road planning to rob the next person they see. They hope it will go well. They hope he will have a great amount of money. Hercules smiles and waves as he sees the two men approach.
So this is why there are more and more coffeehouses in the UK each year! They are going back to the 17th century trading practices!
Good video btw. Can't wait for the upcoming ones :)
yay, excited people are hungry for this topic. Iiterally can't wait to make the follow up
I was not expecting to see the "Cow Guy" from RFD in this. He's a genius!
We are the machine
we are the transistors :)
Great video! I really liked your use of analogies to explain the market. I'm not sure what your plans for the future are, but I'd be interested to see a video on speculative bubbles. Just an idea!
yes thank you! I just hinted at that here but I will go deeper.
You always have such a magic way of visualising and explaining topics. I was wondering if you would eventually release the soundtrack to your AI Series on bandcamp like you did for your previous series? There's a couple songs in the videos I would love to listen to
thank you so much for sharing...yes I'll bug cam about putting those online. nice to hear some liked the music
Loving all these new videos being pumped out after a hiatus.
Did you get a well-deserved sponsor finally? Haha
thanks just decided randomly to rededicate myself to this work. I hope I can make it work with sponsors but we'll see
How can one person be heard over the cacophony of screaming voices in a room filled with people loudly proclaiming what is selling and what has been sold?
That's that magic of the human ear. Your ear/brain can focus on a singular voice in a crowded & loud room. Looking directly at the person often helps focus the brain on this singular voice.
But can it run Doom?
Awesome video, yet another absolute hit 🎯
@@dakotaschuck thanks you I’m thrilled about this topic
He's back! What a fascinating angle to explain the stock market!
thank you!
11:39
Fantastic video. I’m very excited to see your one about options.
@@LilBipper I can’t wait
You have the best channel on UA-cam
THANK YOU, i'm inspired to do more this year
i loved your khan academy videos on cryptography. glad that you are doing economics now!
Aweome, so cool that people found their way here over all those years
Love it! You have a gift of explaining. I'm looking forward to more of your work.
@@sB3rg thank you stay tuned
You need more subs, this is great stuff.
Do you know how Tesla’s FSD supervised (V12/V13) works? Would love to see an in depth video on it, including computer vision, machine learning, sudo-lidar using vision only, and AI.
thank you! I'd love to go deeper into that, in my AI series i go into things related to it...hm...have you looked around at other videos and does it feel like there is a gap?
@ A bit, but I feel like computer vision, sudo lidar, and environment understanding are things I’d like to see covered, as well as predictive algorithms and how if a vehicle or humanoid robot encounters an unusual situation it can think its way around the problem, whereas with traditional hard code it can get stuck. (As it doesn’t know how to control for it)
@@FluffyGoat91515do humans and GANs “think” in urgent, emergent situations or do they simply have the ability to react outside of established “rules” which has the immediate benefit of forestalling disaster and is only later re-imagined as an application of reason? The distinction applies within the stock market model. Subsistence is its own reward, but the celebration of “halt so you don’t catch fire” choices as predicative is fallacious.
Amazing as always.
thank you for feedback stay tuned
Honestly, I think the automation of the system is a little sad. The whole outcry system with the shouting and the exchange clerks writing down participants' numbers and the other clerks logging the transaction into the stock ticker tape looks so iconic and exciting.
FANTASTIC video!
thank you this means a lot, i'm inspired to go deeper
Great video, thank you for sharing. Please make more videos about how LLMs work and how they might effect future of the technology :)
thanks! i do have a AI summary video coming, i was thinking of overviewing the last 6 years of my AI videos into one key takeaway video.
separately were you thinking about LLM's and their relation to markets? i could get into that as well later on
Genuinely one of the most interesting videos I have ever watched and it just ends abruptly. I feel like I was robbed. Like you were going to go deeper into prediction markets, philosophy, meta games,and analysis like hyperstitions. Maybe a narrative spin into a "minority report type future".
Like you alluded to it. This was soooo cool. This is collective unconscious super psych stuff.
Sorry for sharp ending I have a full series planned !
@ man. Subscribed fl. turning the bell icon on. I await your return great sir. (I might be using my ALT and more serious account to view. This is serious business dawg).
Happy holidays friend.
GREAT explanation!
glad you enjoyed, many more videos planned in this series let me know what you'd like to see next
First video, instant sub. The YT algorithm is getting spot on today, this is an essential video 😊
welcome to the family markus
Before the electronic stock system there was a book called
“Behold a pale horse”
It is 80% far fetched stories but in that book he says there is a computer in a mountain that controls all the prices of commodities etc.
The book was released in 1991 but its perspective is historical from which it would have been hard to believe there was such a thing but the stock market is such a thing.
thanks for sharing
I subscribed to this channel a long time ago, but couldn’t remember why… oh wow the content is GOOD!
Well just getting started :)
@ this video alone will help me see the wave patterns during trading! Profits go up 🆙! 💰 📈 🐂
Amazing video and in depth analysis of the market. Subbed!
Welcome to the family more on the way
@Can’t wait!
good video as always
@@Entropy67 thanks for the feedback
Superinteresting! Waiting for more videos and larger!
Will do, they will get longer :)
The water metaphor is one I have also used in the past to conceptualise the stock market. I recently set a limit order for rigetti stock at 3.20 and I was watching it fluctuate around 3.21 and 3.22, assuming it would go back up. I remember having the feeling that 3.20 was the shoreline and I was sitting there in a boat watching the waves lap against me, inching forward, and that if they reached me, they would pull me out with the tide, and if they stopped just short of me, I would miss the wave. It was out of hours so I couldn't trade any more, but the limit was still active. Luckily it reached 3.20 and the wave did take me along with it.
love this :))
I love your videos! I first discovered your channel looking up school work and learned from the demonstration you did of cryptography using beads that’d you’d glued together in circles - I always thought that was a really cool way of visualizing it. Then we did a unit on information theory and Lo and behold your information theory playlist is one of the greatest things I’ve ever seen. Now, I’m starting a job at a fintech company and you make this - joy! (Also I remember somewhere in the middle there you made like a movie from random people you found on Craigslist filming themselves or something? What happened to that? Or did I imagine that?)
@@K0P woah so amazing !!! Yes that video I made public again “say you love me” it’s in my video feed , thanks for sharing this I truly loved that info theory series … I feel like I should make a super cut of it one day ,,, congrats on the new job , curious what role ai plays
@🙌 no real ai yet other than in the dev’s editors lol
...I had forgotten all about "coffee house prices"....
“Time to overclock it”
That was amazing! I can't wait for the next part
@@mohanedomer9081 thrilled to be getting into this topic
It felt like a marvel movie post credit scene how you teased Futures trading!
:))
Awesome video
Super interesting as usual Brit! Excited for the rest of the videos
nice to see you again! Yes i'm really pumped about this new domain :) What are you working on?
@ArtOfTheProblem on a script about giant pterosaurs for MinuteEarth. But that will see the light in a few months
we have recived another gem thank you
@@yusufkaya3228 glad this resonated
These stinkin money men, you know what we said back in engineering? When you fail software, you go into economy.
No way, this is the exact topic I’ve been pondering lately!
@@SatisfyingWhirlpools wooo! Perfect what other questions do you have ? I’m still plotting the rest out
@ I’m really interested in market psychology of stuff like FOMO, panic buying/selling, etc. of how peoples minds and emotions play into the movement of the market
@@SatisfyingWhirlpools lmk if you have more questions after this, i'm planning more in this series
Price is artificial, as is the source of funds, because of the distortion that borrowing places on the supply of funds. QED
if we were on gold standard, would this change the price dynamics?
@ArtOfTheProblem gold requires money to be borrowed in order to fund the extraction of gold. Therefore, the price of gold must be inflated to cover the continuing rise in the cost of extraction plus interest.
@@DumbledoreMcCracken I'm talking about market price. Is your point that money is borrowed into existence? because I agree
@ArtOfTheProblem right, market price is based on the money supply and the number of willing buyers who have inflated currency.
A mining engineer told me that cost to mine and refine gold is $500 per ounce and falling.
well thats not a issue if we mine more gold from outer space you know. but noope we keep mneing less and less gold on earth becue we are ruing out of gold to mine on earth. so where is the next gold rush giong to be. ITS IN SPACE ON THE MOON AND MARS. wey do you think china and nasa and space x and bacly everynoe with some brains are trying to make comernsal space lfith flight a thing is bescue WE CAN MINE MORE GOLD IN SPACE for the soalr isstem then whe nwe get ftl drives then mine gold from otehr starsistems and even just trun pure enrgy into ANYTHING soonr or later you know.
Me recordó mucho a la película Pi: Fe en el Caos. Muy buen trabajo!
great film!
How do massive systems like the internet or cloud services function as a 'single computer'?
Really, they act as a ‘system’; in that the systems inputs are buyers and sellers offering and agreeing on a price that is published in near-real-time. The feedback loop of closed-loop control system is formed when the trading price is published, formerly on trading floors, ticker systems, today through the Internet and high-speed fiber optic and microwave networks.
Really, they act as a ‘system’; in that the systems inputs are buyers and sellers offering and agreeing on a price that is published in near-real-time. The feedback loop of closed-loop control system is formed when the trading price is published, formerly on trading floors, ticker systems, today through the Internet and high-speed fiber optic and microwave networks.
Thanks Brit, I will never fully grasp the stock market... but this helps.
glad to hear it, baby steps, we have more to go!
what a crazy idea
glad you had fun
You are great! Thx for these excellent videos :)
@@SuperHddf appreciate the feedback please stay tuned !
Another great learning experience! 👍
man, trying to place trades as a human on a trade terminal like Think or Swim or IB terminal is nearly impossible. I by the time you enter your options trade price, the price has already changed too much for it to fill. I was forced to use There APIs just so I can fill when I want to.
yes this is why i tend to just use market orders when I really need something to fill...i used to be scared of market orders, but missing a trade is worse
i know with options that's scary...btw options in next video!
'Great economist Fredrick Hayek'. Ok 😂
Sick vid bro
@@steve05Bit appreciate it
The end kinda seemes cut off without any giving hints of a part 2?
Sorry I should have made that clearer, this is just the first part of a longer series. stay tuned
damn i wish this was longer, I WOULD TRADE 6 STONES FOR THAT
more soon!
Please part 2 also on futures and also option
Working on it now
Interesting video!.
Let’s reboot that computer and erase all sin from the world. Wow though, I honestly didn’t know that the stock market was a big computer though.
0:01 Correction, it's being developed by Google right now
Very cool.. thanks man. :)
appreciate it, let me know what questions you have as i'm developing the rest of the series
The algorithm is finally picking up my favorite and most under rated channel. Please like and share so we can get more quality content.
Thank you! First time I took the hook really seriously and thumbnail title - going to try again next week “the translation error that transformed the world”
Thanks!!!
stay tuned
Next video your gonna be talking about futures contracts. That'll be intresting cause this video about the market is good. Also you should go over options contracts those are intresting to.
i will, stand by!
Well done. Now do one on shorting stocks. This concept I just don't understand.
thank you, yes I will try to include this as well when I do a video on trading specifically. stay tuned
I don’t like how people making such wonderful documentaries never include the name of the music used
I'm glad you asked, this was my first attepmed at using entirely AI generated music. i was amazed at how good the tools were....i just setup my "feeling" and it generated all these versions for me to use
@ WAIT WHAT?!
These were AI generated?!
Bro, which AI did you use? That was well made
@@ultralaggerREV1 I know I used Suno. and specifically, i found a 9 second clip of sound I liked, and used it to extend the sound in various ways (and so that's why there is a motif to everything)
very cool!
thank you let me know if you have questions working on follow ups
Great video, but...Wasn't the first stock exchange market the Amsterdan one in the 1600s?
You know what this reminds me of? That computer from The Amazing World of Gumball that controls everything.
Thank god for this creation.
Thank you, thank you, thank you
I don't quite get it yet but i think I get the basics.
more to come, what are you confused about?
You can trade apples harvested in the future? Thats is crazy.
A genius like Newton got burnt, and 300 years later, market bros with maybe half his IQ still glorify their gambling habit as "predicting the future"... by all means, keep this series going, it's hilarious!
stay tune more laughs on the way!
Very interesting video! I was wondering if the animations of the graphs with the colored lines etc. were simulations you did. If so, I would love to read more about that!
@@sietsebuijsman8523 you know what this was the first time i used Claude to make stuff and it was incredible … it would have taken days and days (weeks?) and with Claude I made those in maybe 2 hours , I should share links to the projects
I would't call it a computer, it is a protocol of coordination and we make computations guided by it, but I don't know if it can run any program.
it's not "turing complete" :) or is it...