How Porsche Tricked Hedge Funds out of BILLIONS

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  • Опубліковано 5 лют 2025

КОМЕНТАРІ • 2,2 тис.

  • @bruhnt5063
    @bruhnt5063 3 роки тому +5465

    Average American company in 2008: on the verge of bankruptcy
    Porsche: *s t o n k s*

    • @SkyHighGD
      @SkyHighGD 3 роки тому +7

      bruhn’t the man!

    • @SkyHighGD
      @SkyHighGD 3 роки тому +5

      Congrats on the heart

    • @PresentationsGiver_llc_inc_co
      @PresentationsGiver_llc_inc_co 3 роки тому +16

      Haha Porsche bank account go brr

    • @moreira8967
      @moreira8967 3 роки тому +5

      @@PresentationsGiver_llc_inc_co not today with all them goofy ev's

    • @calholli
      @calholli 3 роки тому +8

      When you make 14 billion in "profit" but it took 13 billion in debt to do it, its no stonks.

  • @mobatten4157
    @mobatten4157 3 роки тому +5440

    I'm an economics student and Nolan explained it better than my teachers...

    • @ja8898
      @ja8898 3 роки тому +303

      I'm an econ teacher and I'm sorry.

    • @tony_5156
      @tony_5156 3 роки тому +98

      Bruh lol
      That’s the beautiful nature of UA-cam! There are millions of vids what will do a better job than your own teacher.

    • @ikhoonyejelem2967
      @ikhoonyejelem2967 3 роки тому +16

      That's how amazing this man is

    • @doritolegend9664
      @doritolegend9664 3 роки тому +28

      Power of educational UA-cam channels

    • @MrCTruck
      @MrCTruck 3 роки тому +29

      Maybe you're not asking enough questions... An entire generation of students saying their teachers didn't teach them anything seems a little fishy

  • @Justsayin71
    @Justsayin71 3 роки тому +1816

    I can’t believe that a car show explained shorts better than anyone else I’ve ever heard.

    • @Angry-Lynx
      @Angry-Lynx 3 роки тому +15

      IKR!
      ...
      I still dont understand it thugh 😂

    • @wpgspecb
      @wpgspecb 3 роки тому +6

      Incorrect . Watch the Doc, Fast Bucks: How Porsche Made Billions, from 2009.

    • @Donovaan
      @Donovaan 3 роки тому +6

      It's really not that complex. When you short, a broker lends an electronic asset (shares for example) and buys them back from you later. If the price at the moment you give them back to the broker is lower than when they lended them to you, you make a profit and they take a loss. It's a Contract For (Price) Difference where a trader or investor expects the price of an asset to drop.

    • @edennard1
      @edennard1 3 роки тому +1

      @ Kazbek Abzakh .. I was saying the same thing to myself and they did it in under 13 minutes.. I mean Seriously .

    • @andrenogueira7838
      @andrenogueira7838 3 роки тому

      agreed!

  • @helenoliver4838
    @helenoliver4838 2 роки тому +1876

    'My strategy is; buy quality companies, expect to hold no matter what, pay up but don’t over pay, keep track, sell rarely, be ready to course correct".

    • @mayacho4910
      @mayacho4910 2 роки тому +2

      A lot of people think they should always be buying and selling something. That's a mistake. 99% of successful investing is waiting, learning, awareness/experience and getting extremely lucky with the market.

    • @helenoliver4838
      @helenoliver4838 2 роки тому

      @@mayacho4910 I totally agree, although coming into the market i missed the experience part, but my current trader helped me. She turned my 40k loss, made me 70k in a month, if not for her, i can't even begin to imagine....., she actually does most of my trading, to be honest.

    • @theresagarcia1218
      @theresagarcia1218 2 роки тому

      @@helenoliver4838 Exactly, i will never go into this market without guidance, please who is this coach that helped you, can you possibly do a referral?

    • @helenoliver4838
      @helenoliver4838 2 роки тому

      @@theresagarcia1218She is a licensed fiduciary in the U.S, i work with her to trade my securities.

    • @helenoliver4838
      @helenoliver4838 2 роки тому

      @@theresagarcia1218 Just look with her name online, you will be directed to her page, there you can leave your messages.

  • @grahamwilliamson5306
    @grahamwilliamson5306 3 роки тому +23

    It's amazing that we've had so many episodes of wheelhouse yet every week they manage to release an episode full of stuff I had no idea happened and one thats always intriguing. Well done guys 👏👏

  • @duck8508
    @duck8508 3 роки тому +2424

    Porsche: *almost dies*
    Qatar: come this is no place to die

    • @johndavidson3424
      @johndavidson3424 3 роки тому +10

      Porsche.*

    • @weirdbeardgarage
      @weirdbeardgarage 3 роки тому +169

      Isn't it funny how there can be a huge international financial crisis and still some Middle Eastern dudes can save multi-billion dollar companies with just their lunch money.

    • @zyphurite
      @zyphurite 3 роки тому +54

      @@liveandletlive2894 yeah lets not do that..

    • @zafrylaiman8695
      @zafrylaiman8695 3 роки тому +64

      @@liveandletlive2894 yea cuz the spanish, british and american have never done this..

    • @zafrylaiman8695
      @zafrylaiman8695 3 роки тому +1

      @@james_chatman right..

  • @ethanni525
    @ethanni525 3 роки тому +1135

    When I first started watching you guys, in the first month, I didn't even know James and Nolan were different people

    • @JapaneseSoomi
      @JapaneseSoomi 3 роки тому +113

      what do you mean different people? they are the same person...i think you need sleep bro

    • @AdamHutcherson615
      @AdamHutcherson615 3 роки тому +8

      Ceeeaaaaap

    • @evanperry492
      @evanperry492 3 роки тому +4

      same

    • @ethanni525
      @ethanni525 3 роки тому +7

      @@JapaneseSoomi Search Up "James Pumphrey" and "Nolan Sykes"

    • @parthg9238
      @parthg9238 3 роки тому +31

      @@ethanni525 r/woooosh

  • @Abeardeen
    @Abeardeen 3 роки тому +466

    Never knew I'd learn about the stock market as well as some car history today.

    • @Physix_XO
      @Physix_XO 3 роки тому +4

      AMC AMC AMC TO THE MOON

    • @Abeardeen
      @Abeardeen 3 роки тому

      @@chrissi.enbyYT I'm broke af atm. Even I wanted to invest I don't got the cash

    • @55Aarronneedham
      @55Aarronneedham 3 роки тому

      Watch the movie Big Short absolutely amazing movie.

    • @brarautorepairs
      @brarautorepairs 3 роки тому

      Stonks

    • @neeljavia2965
      @neeljavia2965 3 роки тому

      @@55Aarronneedham Yep.
      So awesome.
      But the short sellers were the good guys in it.

  • @Uiga513
    @Uiga513 3 роки тому +26

    This video just makes me love Porsche even more.

  • @DioxideCad
    @DioxideCad 3 роки тому +8

    This was one of the most interesting car videos ever. Great job

  • @louischim2000
    @louischim2000 3 роки тому +371

    "it literally can't go tits up" - famous last words

    • @Mister_minati
      @Mister_minati 3 роки тому +16

      GUH

    • @paddaboi_
      @paddaboi_ 3 роки тому +2

      @@Mister_minati I love this so much, I like cars and I like stonks n shit so these jokes are the best of both worlds

    • @rudy_dstroys1821
      @rudy_dstroys1821 3 роки тому +1

      It's either Porsche or salt crackers.

  • @hunterrussell459
    @hunterrussell459 3 роки тому +3750

    Something about hedge funds losing a lot of money is just so satisfying..

    • @MrDanielsahne
      @MrDanielsahne 3 роки тому +45

      @@atishghosh The shortsellers who bet against the banks in 2007 or chinese fraud companies are bad too?

    • @iride286
      @iride286 3 роки тому +10

      * a little money

    • @boldsword1
      @boldsword1 3 роки тому +69

      Then you should be buying GME

    • @S50Sinner
      @S50Sinner 3 роки тому +21

      @@MrDanielsahne You either die a villain or see yourself live long enough to become the hero

    • @tavirosu25
      @tavirosu25 3 роки тому +36

      Something about arab investors being awarded shares of a german car company by the german govt. to be sold at a later date to buy weapons and fund more wars.

  • @hitcom0709
    @hitcom0709 3 роки тому +1245

    Porsche : tries to take over Volkswagen
    Christian Wulff : So you have chosen death
    Volkswagen : Death is a bit too extreme, don't you think

    • @scratchy996
      @scratchy996 3 роки тому +39

      This video doesn't tell the whole story. Piech managed to fool everyone, and it is in fact Porsche SE who ended up controlling VW.

    • @anydaynow01
      @anydaynow01 3 роки тому +2

      Ha, yep everyone under the VW umbrella gets to build a fancy car which is basically gilded VW tech these days! Same as it was in the old days, 911?, how do you like overpaying for your fancy fast 6-cylinder Beetle when you can buy a used Lamborghini or Ferrari for the same price.

    • @RiasGremoryS54
      @RiasGremoryS54 3 роки тому +15

      ​@@scratchy996 It doesn't matter because VW own Porsche now.

    • @japraptcars5338
      @japraptcars5338 3 роки тому +9

      @@anydaynow01 Key word: U s e d
      Also Porsche is a lot more reliable, a lot..

    • @scratchy996
      @scratchy996 3 роки тому +27

      @@RiasGremoryS54 As I said, most people don't know this, and this video didn't tell the whole story, but it is actually Porsche that owns Volkswagen.
      Porsche SE is a holding company that includes Porsche AG - the car manufacturing company, Porsche Design - the industrial design company and Porsche Bank.
      While VW has bought Porsche AG, Porsche SE ended up controlling VW.

  • @timduncan9696
    @timduncan9696 3 роки тому +100

    The gun reloading sound effect when he fixed his glasses was a nice touch

  • @kgranger
    @kgranger 3 роки тому +6

    Great video. This is actually one of the best examples of short welling I have seen yet. Makes it simple for people to understand.

  • @dx9235
    @dx9235 3 роки тому +545

    3:20 damn you guys explained this better than most finance professors

    • @steinblitz1506
      @steinblitz1506 3 роки тому +26

      For real. I've tried so hard to understand shorts and squeezes but this is the first vid that actually helped.

    • @chelly9456
      @chelly9456 3 роки тому +10

      @@steinblitz1506 Timothy Sykes/investopedia and think or swim explain it pretty well tbh Nolan wasn’t all that correct

    • @ironized
      @ironized 3 роки тому +1

      Mostly because they explain it wrong...

    • @cocainecowboy1717
      @cocainecowboy1717 3 роки тому +3

      what finance professors are you listening to?

    • @johnpulawski35
      @johnpulawski35 3 роки тому

      Bro this isn't that complicated a concept

  • @albertko1
    @albertko1 3 роки тому +259

    Love to see follow-up about Dieselgate and the Takata airbag fiasco

    • @Donut
      @Donut  3 роки тому +127

      👀

    • @siddheshpillai3807
      @siddheshpillai3807 3 роки тому +25

      @@Donut oh my gosh it happening folks go for it nolan

    • @hk3796
      @hk3796 3 роки тому +5

      @@Donut how about making an
      Up to Speed on Roland Gumpert?

    • @Erik-ns2tw
      @Erik-ns2tw 3 роки тому +1

      my car has takata airbags lol

    • @JoeUrbanYYC
      @JoeUrbanYYC 3 роки тому +1

      @@Donut 69 likes? We should leave it alone.

  • @ypucandeleteit
    @ypucandeleteit 3 роки тому +275

    holy moly, this was the best financial story video ever, AND IT WAS MADE BY A CAR CHANNEL

  • @callmekrish23
    @callmekrish23 3 роки тому +4

    Love the visual storytelling animation, sound design ooft! You guys have the best editors on youtube!

  • @nathangiles8258
    @nathangiles8258 3 роки тому +8

    This was the best example of shorting a share I have ever seen. Kill'n it Nolan

  • @ojo9662
    @ojo9662 3 роки тому +580

    Why did Donut explain shorts better than any stock channel I watch or any article on them?😂😂 Nolan’s just a math boi I guess

    • @jdubskiwright2380
      @jdubskiwright2380 3 роки тому +13

      Mo numbuhs babeh!!!!

    • @chelly9456
      @chelly9456 3 роки тому +11

      Because as someone who regularly shorts successfully he explained it very vaguely and borderline incorrectly

    • @Jayg2420
      @Jayg2420 3 роки тому +9

      Stock channels don't want you to understand.

    • @new_risk8341
      @new_risk8341 3 роки тому +1

      @@chelly9456 then what is short selling with out any vague economic terms

    • @honkhonk8009
      @honkhonk8009 3 роки тому

      He explained it so much better than any stock channel lol.

  • @private6549
    @private6549 3 роки тому +218

    Monday is nobody's favorite day, but it is mine because Wheelhouse is my favorite Donut Media show.

    • @jdubskiwright2380
      @jdubskiwright2380 3 роки тому +1

      Up to speed is my favorite...get to learn all kinds of fun facts

    • @private6549
      @private6549 3 роки тому +3

      @@jdubskiwright2380 Well, yeah. Up to Speed is more history on certain vehicles or a person while Wheelhouse is questions you never knew you had about car culture. B2B is engineering and Money Pit kind of falls into the same category there. The D-List is ranking things and making list about certain vehicles based on certain subjects. Either way, Donut Media is still the best vehicle related channel.
      Plus the way Nolan pushes his glasses back is so cute.

    • @Mexymack
      @Mexymack 3 роки тому

      Laughs in moneypit.

  • @grandadmiralthrawn8116
    @grandadmiralthrawn8116 3 роки тому +149

    Peach: I'm going to do what's called a pro gamer move

    • @Not_A_Cat
      @Not_A_Cat 3 роки тому +6

      Grow fat and old in mommy's basement?

    • @T25de
      @T25de 3 роки тому +2

      @@Not_A_Cat
      Don’t be so hard on yourself bruh

    • @USandGlobal
      @USandGlobal 3 роки тому

      @@T25de that’s what she said

  • @thelawfamilyproduction
    @thelawfamilyproduction 3 роки тому +2

    I don't know how Nolen was able to explain a 2 hour session in a 2 minute explanation. Bravo.

  • @MikeZyouthpastor
    @MikeZyouthpastor 3 роки тому +3

    Excellent, excellent summary! For the life of me I couldn't wrap my mind around hedge funds and short sells. Thanks guys.

  • @274Ttime
    @274Ttime 3 роки тому +119

    Porsche in 2008: "I was a business man doing business"

  • @armbristersgarage
    @armbristersgarage 3 роки тому +88

    That amazing feeling when donut makes a video on one of your favorite automotive stories

    • @ragingelection8411
      @ragingelection8411 3 роки тому

      earliest ive been

    • @rarelikecandy
      @rarelikecandy 3 роки тому +2

      this is essentially a compact version of the past gas podcast episode

  • @dariusadrian8110
    @dariusadrian8110 3 роки тому +37

    This is a video about cars and has one of the best simple explanation of shorting

    • @Donut
      @Donut  3 роки тому +22

      The team appreciates that man, thank you

  • @Mistio.
    @Mistio. 3 роки тому

    Been a Porsche shareholder for 2 years but never had someone explain this so well ! The more you know ! Thank you Nolan !

  • @charlesmiller6281
    @charlesmiller6281 3 роки тому +1

    In reality Porsche is the engineering company that produces cars. That is the real reason Porsche is able to make so many sick killer cars: Engineering!

  • @maegan182
    @maegan182 3 роки тому +35

    Honestly the best explanation I’ve seen of shorting. The GameStop situation makes a lot more sense to me now. Thanks donut! 🤓

    • @TheMelodySweet
      @TheMelodySweet 3 роки тому +2

      The crazy thing is that shorts still haven't covered for Gamestop! That huge run up in January was a gamma squeeze mixed with FOMO before the stock buy button was turned off by a number of brokers. The DTCC confirmed in a hearing the other day that no one was margin called during that period. Gamestop is still a tinderbox and has only gotten worse since January

  • @MrRoboloco
    @MrRoboloco 3 роки тому +134

    I seriously hope you guys don't quit donut after the MOASS.

  • @intraxx88
    @intraxx88 3 роки тому +189

    Donut media: 12 minutes about Porsche schemes.
    Some Russian blogger: full feature 2 hours of investigation and lols

    • @shb8651
      @shb8651 3 роки тому +1

      link?

    • @shb8651
      @shb8651 3 роки тому +1

      @@yehorzmacheichyk5336 thanks!

    • @lileb0y
      @lileb0y 3 роки тому +2

      well there's a bit of difference in story and 12 minutes is much easier to understand, so both videos are same but different but still same)

  • @MoMo-zo1jw
    @MoMo-zo1jw 3 роки тому +1

    Nolan's explanation of the mechanics on short-selling was excellent - concise, clear, and to the point on its implications. Thanks for doing this video!

  • @cufacha
    @cufacha 3 роки тому +8

    Super interesting video. I appreciate Donut branching out into the financial/economic world of the automotive industry.
    PS: Nolan's glasses shotgun reload is always welcome.

  • @usernamealreadytaken770
    @usernamealreadytaken770 3 роки тому +26

    I just finished my business law class last Thursday and learned about takeovers in that class.

  • @rcp-_-v3l0c1ty
    @rcp-_-v3l0c1ty 3 роки тому +80

    The Volkswagen 911 GT2

  • @WelcomeToTheMadness
    @WelcomeToTheMadness 3 роки тому +51

    The German's outsmarting other people with some math magic. Who can ever believe such a thing. -_-

  • @myerah7178
    @myerah7178 3 роки тому +1

    I love the market because it helped me survive for a year while I didn’t have a job. I’ll never give up on the market. And cars were the very first hobby I’ve had and loved. I love this video.

  • @johnnyEXCELLENT
    @johnnyEXCELLENT 3 роки тому +1

    Probably Donut's most informative video yet. (at least, from a history-of standpoint, not from a "how-to") Excellent job explaining Nolan!

  • @benvetter6239
    @benvetter6239 3 роки тому +11

    Nolan: Talks about literally ANYTHING!!
    Everyone: This is AWESOME!!! We want MORE!!

  • @PaganiGaming
    @PaganiGaming 3 роки тому +653

    Day 357 of asking James to do an Up to speed on his Dad

  • @hmzach9403
    @hmzach9403 3 роки тому +18

    "No intention to take it over"
    *takes it over*

    • @DanWhe
      @DanWhe 3 роки тому +1

      Very reminiscent of Hitler

    • @notverypog
      @notverypog 3 роки тому

      @@DanWhe Hitler simped for Poland.

  • @DrinkingStar
    @DrinkingStar 3 роки тому +3

    Great video.This reminds of Geely buying almost 10% of Daimler. You may want to do a story on Geely. It started out making refrigerators. Now it is one of the largest auto makers in China. Geely own Volvo, Lotus, The London taxi company and 49.9% of Proton. They also have a prototype flying car called Terrafugia who rights they bought from 5 M.I.T. students who created the car.

  • @jerlaine1638
    @jerlaine1638 3 роки тому +4

    I legit watched that add just because of how much work they did... Love it!!

  • @jonwick893
    @jonwick893 3 роки тому +8

    One of the best explanations of shorting and squeezing I have seen on a youtube channel. And it only took them a minute or so. NOICE!

  • @vancemcclain3807
    @vancemcclain3807 3 роки тому +21

    I literally just listened to the Past Gas episode about this yesterday.

  • @nam.justin
    @nam.justin 3 роки тому +30

    Shorts have not covered. The squeeze has not squoze.
    BUY AND HODL
    CANT STOP WONT STOP
    GAMESTOP
    🚀🚀🚀

  • @lucykelvin920
    @lucykelvin920 3 роки тому +54

    We should be careful on Money disposal, if you are not spending to earn or get back money,then stop spending..

    • @venukalyanbusinesslifecoac702
      @venukalyanbusinesslifecoac702 3 роки тому +2

      Is there anyone who knows about this crypto currency trading and investment stuff? I need to get into it please..

    • @willsdarley3909
      @willsdarley3909 3 роки тому

      I really wanted to trade Crypto currencies but got discouraged by the fluctuations in their price,.

    • @wisdomsolomon4432
      @wisdomsolomon4432 3 роки тому

      The biggest factor that separates the "expert" from the beginners is knowledge investing with an expert is utilizing that knowledge and experience till you become one, smart move..

    • @wisdomsolomon4432
      @wisdomsolomon4432 3 роки тому +1

      @@willsdarley3909 That won't bother you if you trade with a professional like Mr Bernado Green his strategies are really good in binary options.

    • @rosemills2508
      @rosemills2508 3 роки тому

      @@wisdomsolomon4432 Yes I do agree with you, I trade with expert Bernado Green , came across his name in an investment magazine. His trading strategies are top notch.

  • @dannyh982
    @dannyh982 3 роки тому +1

    Great video! I have been trying to explain this to my wife for months, after showing her several videos it took a car channels video for her to understand it!

  • @bradleywilliams7628
    @bradleywilliams7628 3 роки тому +4

    Best explanation of short-selling and a short-squeeze that I’ve ever come across.

  • @subatenome
    @subatenome 3 роки тому +71

    I've heard many "shorting" and hedge funds explanations. This one was so well done I finally understand how it works. Thank You.

  • @sandrinowitschM
    @sandrinowitschM 3 роки тому +7

    I remember being absolutely stoked that soon every VW would technically be a Porsche.
    Was kinda disappointing that it ended up being the other way around.

    • @regenen
      @regenen Рік тому

      Well not really since Porsche AG had 50% ownership of the VW group after the merger.

  • @mvppro7
    @mvppro7 3 роки тому +2

    Porsche is just a banger of a company.

  • @oftengone
    @oftengone 3 роки тому +2

    Wow. Thank was a great story. I'm glad it worked out in the end for Porsche and VW.

  • @pablooogin
    @pablooogin 3 роки тому +95

    GME to the moooooon!!!!🚀🚀🚀

    • @joshual617
      @joshual617 3 роки тому +10

      💎 🧤

    • @dennisflonasal
      @dennisflonasal 3 роки тому +21

      imagine thinking GME already squeezed

    • @shawnmenard1903
      @shawnmenard1903 3 роки тому +7

      Diamond hands

    • @coker-jg6xn
      @coker-jg6xn 3 роки тому +7

      gme go brrrrrrrrre

    • @bbdl7042
      @bbdl7042 3 роки тому

      Everyone I know got out of gme and went to safe moon/ doge/ and amc

  • @FLUXXEUS
    @FLUXXEUS 3 роки тому +9

    This story be like:
    When a Dad asks his son for rent to live at his house ONLY for the son to buy the house off his dad 😂

  • @mattevans4377
    @mattevans4377 3 роки тому +6

    While everyone was busy with mortal problems, Piech was playing god, lol. They literally all played into his hands, and I love it.

  • @mickeywakefield
    @mickeywakefield 3 роки тому

    Great video explaining something that was a major public issue in Germany, where I live. Most people didn't understand the background - but they did understand that 1) this was a personal game played by some of Europe's richest men. Partly to try and get richer - but in all honesty it was more about the egos of the guys involved. Everybody wanted to screw the other guy. 2) It was shady as hell and 3) the thousands and thousands of workers at these companies didn't count for jack. EVERYBODY that was a central player in this was involved in scandal again and again - some serving jail time (for other stuff.) Ferdinand Piech finally died some time ago. It was officially from a heart attack. But this - of course - is impossible. He had no heart.

  • @GGT950
    @GGT950 3 роки тому +1

    I actually understood that.
    When Porsche adopted the VW suv design it was the first great looking 4 door.

  • @vonx3533
    @vonx3533 3 роки тому +20

    The whole family beef history of the piëch's and porsche's is just mind blowing

    • @Peanutdenver
      @Peanutdenver 3 роки тому +5

      It's a German thing(and really all people everywhere thing when families start a business together). Adi and Rudi Dassler, the brother's who started Adidas, hated one another every since they where forced to share a plate of Vanillekipferl.... The brotherly battle led to a split in the sneaker giant Adidas. Rudi who had had enough, went on to pimp another sneaker brand that we all know as Puma. Probably because his brothers real first name was Adolf, Adi was the nick name.

    • @-SP.
      @-SP. 3 роки тому +2

      @@Peanutdenver Once you start a business with family members, you learn how fragile family bonds really are.

  • @daviduranie964
    @daviduranie964 3 роки тому +4

    Nolan you top bloke! It’s videos like this which keep UA-cam interesting, not boring videos about cats or burnouts. Thoroughly investigated and intelligently put together. Despite being a lifetime action sports guy and petrol head, I’ve always said we need to make more smart movies with less boring fake action scenes, and this is just that. Keep up the good work bud!
    Dave

  • @19mil
    @19mil 3 роки тому +22

    MOASS To The Moon 🚀🚀🚀🚀

  • @hozem205
    @hozem205 3 роки тому

    One of the best videos Donut has pumped out thus far.

  • @gergokiss2086
    @gergokiss2086 3 роки тому

    Porsche: I will buy Volkswagen
    Volkswagen: UNO REVERSE CARD

  • @J_o_B_is_back
    @J_o_B_is_back 3 роки тому +9

    Chef Boyardee was a nice change of pace compared to what we normally got then...

    • @adalbertosantiagopagan8738
      @adalbertosantiagopagan8738 3 роки тому

      I make Chef Boyardee at work lol and eat the hell out of it because it's so easy to make

    • @syxepop
      @syxepop 3 роки тому +1

      @@adalbertosantiagopagan8738 - I can't eat Chef Pasta as it is TOO SWEET and TOO ACIDY. Blame Conagra, not Chef Hector Boiardi back then...

  • @LucasSi919
    @LucasSi919 3 роки тому +3

    if only all school classes were this easy to understand we'd all have PhDs! another great vid donut!

  • @bughuulss
    @bughuulss 3 роки тому +56

    Day 160 of asking for the team to design a Dirty Dirk's Blinker Drink T-shirt from the Wheelhouse: Car Terms Every Car Nerd Needs To Know

  • @NekoWinters
    @NekoWinters 3 роки тому

    @7:13 so what I'm hearing is... We ARE Porsche 🥰

  • @clifbradley
    @clifbradley 3 роки тому +1

    I loved this episode of Past Gas. So awesome. Underrated podcast!

  • @vishaljosealukka4258
    @vishaljosealukka4258 3 роки тому +4

    Im like Kevin from 'The Office', as I love cars just as much as Kevin love food. I can literally learn anything if cars are involved

    • @tomchillen3039
      @tomchillen3039 3 роки тому +1

      You're so cool haha; you're just like the office! Wow so cool and funny;

  • @NapalmCloud
    @NapalmCloud 3 роки тому +24

    I take it you guys are in AMC since the timing of this video is too perfect!

  • @jon2toneS13
    @jon2toneS13 3 роки тому +193

    GME to the MOON! Gamestop shorting hasn't finished!

  • @FrontPageFinance
    @FrontPageFinance 3 роки тому +2

    AMC is going crazy just like VW was and Donut did a better job explaining a short squeeze than most finance channels do

  • @TheMarslMcFly
    @TheMarslMcFly 3 роки тому +1

    Literally three days ago I asked myself why it's this clusterfuck with the Porsche/VW ownership, now I know it. Thanks!

  • @Captain4x4
    @Captain4x4 3 роки тому +31

    AMC & GME repeating a squeeze! Buy this coming week!

  • @dmitryksv9820
    @dmitryksv9820 3 роки тому +27

    there is a documentary video about it for like 2 hours described in colors. I wish you guys could see that. but in in russian...

    • @Maksim_Khasanov
      @Maksim_Khasanov 3 роки тому

      И оно лучше)

    • @paxaperet6865
      @paxaperet6865 3 роки тому

      Дык у Стасика и спёрли идею сто пудов.

  • @zdfnhxfgjnhxfgnj
    @zdfnhxfgjnhxfgnj 3 роки тому +8

    This is exactly what is happening to Gamestop. Except one key difference is the GME shorts STILL haven't covered their positions

  • @erikig
    @erikig 3 роки тому

    Piëch is a true G. Between owning that much of VW and Porsche, he also helped acquire and revive Bugatti 🙌

  • @MrTidx90
    @MrTidx90 3 роки тому +2

    Congrats on a car channel giving one of the best explanations of shorting stocks on UA-cam

  • @thatmikegarcin
    @thatmikegarcin 3 роки тому +4

    I love that Donut started using a reloading sound a while ago when Nolan pushes his glasses back. 10/10 🍩 Media

  • @pazhiloy_starchok
    @pazhiloy_starchok 3 роки тому +24

    try to watch a documentary about this situation. a russian guy called Асафьев Стас(same channel name) makes gresat documentaries with endlish subs.

  • @coffeyok8668
    @coffeyok8668 3 роки тому +12

    This situation was more complex than you indicated. An interesting fact, Porsche specially created 2 proxy companies and gave their shares to Volkswagen, so in fact Porsche still absorbed the company by creating a conglomerate. Sorry for the mistakes, I know English pretty bad.

    • @hermanli2601
      @hermanli2601 3 роки тому

      why object to the obvious--------- that is not perspicacious but rather embarrassing of course this is a simplified version of the circumstances a detiallated treatise is unsuitable for this type of information transference,but the video presentation conveys a comprehensible and conclusive introduction for audiences of all ages and educational levels.

    • @user-rx9ny4yo2e
      @user-rx9ny4yo2e 3 роки тому +1

      Comfirm If im correct, but there are two Porsche companys, the first is Porsche who sell cars and is owmed by VW and the second is an investor group which owns VW

    • @coffeyok8668
      @coffeyok8668 3 роки тому +3

      @@user-rx9ny4yo2e yes, but they had not 2, but 3 companies. Porsche AG (manufacturer), Porsche Zwischenholding GMBH (buffer company) and Porsche Automobil Holding SE (management company). The buffer company has 100% of the manufacturer's stakes and the management company has 50.1% of the buffer company. The rest of the buffer company stakes were transferred to Volkswagen. And since the management company still held a 50.74% stake in Volkswagen, Porsche Automobil Holding SE held controlling stakes in both companies, making it the main company.

    • @NiggazHomie
      @NiggazHomie 3 роки тому +2

      @@coffeyok8668 Yeah. Some people still think that Porsche is owned by VW, which is untrue.

  • @closed_heart47
    @closed_heart47 3 роки тому

    i don't know why but i think it's funny whenever nolan says the word "dumping"

  • @magicofmusic7209
    @magicofmusic7209 3 роки тому

    I've read this before at TTAC back in 08'. This presentation is so much more clear. Thank you!

  • @mohitaswani7350
    @mohitaswani7350 3 роки тому +12

    Can you guys cover how the silicon chip shortages affecting automanufacturers (example -the ford pileup at the Kentucky speedway)

  • @thelordpax
    @thelordpax 3 роки тому +11

    Up to Speed Passat please ❤️

  • @ІванГолик-и3ю
    @ІванГолик-и3ю 3 роки тому +34

    я после просмотра документалки от стаса такой: ага угум оч интересно

  • @rauliicervo4970
    @rauliicervo4970 3 роки тому +1

    Piech is basically palpatine in this situation.

  • @joshuathomas512
    @joshuathomas512 3 роки тому

    The most concise explanation of a short found on a car channel, well done

  • @recycledmotivation
    @recycledmotivation 3 роки тому +23

    It’s kinda of scary how similar Volkswagen’s situation is to AMC. Will history repeat itself?

    • @armancha23
      @armancha23 3 роки тому +3

      Such a LARGER scale!!!

    • @1_keith
      @1_keith 3 роки тому +3

      🚀🚀📈📈

    • @jfros9794
      @jfros9794 3 роки тому

      @@armancha23 what’s the best price scenario in a month from now ?? Whether buying pressure or just holding. ??

    • @Welcome2It
      @Welcome2It 3 роки тому +2

      Crazy because in 2008 hedgies only shorted 12% but it’s theorized amc is shorted 100-150% and retail owners have 80+ percent!!!!

  • @theninethrees8044
    @theninethrees8044 3 роки тому +38

    As someone loves cars and day trading, I gotta say this video is DOPE AF. Good job 👏🏽

  • @williamwatson4535
    @williamwatson4535 3 роки тому +7

    Welcome to the present day saga with AMC. AMC to moon!

    • @anguswett
      @anguswett 3 роки тому

      Bro... just sell.

    • @joshual617
      @joshual617 3 роки тому +1

      🍌🍌🍌🍌🍌🍌

  • @trevlikescars
    @trevlikescars 3 роки тому

    One of the only channels I let the adds play all the way through for🤍🤍

  • @SlipStreamTV
    @SlipStreamTV 3 роки тому

    I finally understand stocks now ... this was well explained.... didn’t expect that from a car channel

  • @UnboundSpirit2
    @UnboundSpirit2 3 роки тому +4

    Nolan is so damn good at explaining car stonks I totally wouldn't mind if they started a Money Pit Mondays series so I can learn to lose all my money to the market

  • @duck8508
    @duck8508 3 роки тому +4

    Donut should make a car guy school where they teach about these types of things
    Change my mind

  • @keiffitz689
    @keiffitz689 3 роки тому +9

    Last time I was this early, the oil was still microorganisms

  • @BasementEngineer
    @BasementEngineer 3 роки тому

    That's not how The Economist magazine described this deal at that time. The magazine stated that if Porsche had borrowed the money to acquire the VW shares, they would have been obliged, by law, to report this to the relevant German authority.
    But, since Porsche financed this from internal funds, no such reporting was legally required. Consequently the hedge funds did not know that the buyer of the VW shares was a single entity: Porsche. Thus, when the hedge funds had to re-purchase VW shares to replace the borrowed ones, they were horrified to learn that there was only one seller with any quantity of shares available: Porsche.
    A very neat operation in which Porsche, just a bunch of engineers, made out like bandits.

  • @o_o6869
    @o_o6869 3 роки тому

    Donut media is one of the best thing for me.