1. Introduction, Financial Terms and Concepts
Вставка
- Опубліковано 5 січ 2015
- MIT 18.S096 Topics in Mathematics with Applications in Finance, Fall 2013
View the complete course: ocw.mit.edu/18-S096F13
Instructor: Peter Kempthorne, Choongbum Lee, Vasily Strela, Jake Xia
In the first lecture of this course, the instructors introduce key terms and concepts related to financial products, markets, and quantitative analysis.
License: Creative Commons BY-NC-SA
More information at ocw.mit.edu/terms
More courses at ocw.mit.edu
Some notable timestamps:
01:54 Key facts about the course
11:47 Background
30:10 Introductory examples
40:49 About Financial Mathematics
54:42 Real life applications / Projects
You're a saint.
Thanks
I am so glad I didn't have to pay for this course. It's usability is just theoretical...
Lots of blah blah blah, throwing terms without explainging "swap" this that, and students sit and nod as if they understand a thing...
Looks like a 1 man show demonstrating his superiority instead of explaining. If every student has to find an answer to every term he throws, then why do we need this course? This edu is such a rip-off.
Its literally the first lecture, chill there are going to be 16 more weeks...
@@DanOneOne you're basing one class lecture on the whole course looool
I'm from India and thank you to MIT for making this available. So anybody can learn from highly qualified and experienced lecturers. 🙏🙏
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This dude is literally the definition of financial literacy he's not just giving you stock picks like other UA-camrs he actually teaches you how to read the market and such. Good luck to everyone watching this, May your investment yield you outstanding profits. Spend less and invest more
Indeed
he isnt even teaching that lol, this is corporate finance
No, just no.
well he's not necessarily a UA-camr, right? He's a professor of finance at MIT, so he had better be outstanding!
thats literally his job ?? lol
I'm just thankful i'm given an opportunity to see how MIT's lectures go
Tan Zi Hao hi
I am glad that you have covered almost everything that pple come across in day today life...
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Thanks for your wonderful skill to explain and make it simple n easy to the students out there...
Is the instructor a CCP spy?
O
its not that big a deal.
I am from Kenya , east Africa 🇰🇪🇰🇪 I have learnt alot from this clip , especially from the first lecturer from havard..... Thank you so much.
damn Im in an MIT lecture with a 1.7 GPA
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something like that here too 🤣
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It was invented for this before it became weaponized by the communist takeover
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I am from Thailand, can't imagine that I would be able study lecture from MIT. Felling grateful.
Thailand is a beautiful place!
This was one of the best lectures I saw, no fancy Superhero chest beating, humble and simple yet I understood it. Thanks a lot and may we all keep learning and earning.
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My name is Deepak Agnihotri and I'm from Mumbai India, I'm so honoured to be watching this video today on my birthday 🎂 This is going to be the best birthday gift I've ever received. Thank you MIT for sharing this lecture series. Forever grateful ❤️❤️❤️
Happy birthday!
This man knows his business. He doesn't need fancy presentation slides. Just the basic black and white slides will do.
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Plus, 2013 😂
@@luthfirakan p0ppp 0 op
@@tommasoterzano5180 so..? Plenty of amazing technology was around by 2013.
Currently i offer account management and tutoring to beginners looking to make the most profit possible from forex trading . The deal however, is that you get to pay me a 10% off whatever profit generated as commission for my service.
44:55 choice A has an expected value of -$300 and a standar deviation of $400, choice B has an expected value of -$280 and a standar deviation of $0. So in the short run, it's better to choose A; in the long run it's better B.
49:26 in this questions, the standard deviation are the same but the expected values are positive with the same amount. Choice A it's better in the long run, while choice B it's better in the short run.
Can you explain how to calculate the standard deviation in this type of exercises? Do you see it as a binomial problem?
@@pepgonzalezcomellas3387 just using the definition of variance: E[x^2]-(E[x])^2.
The expected value is calculated by summing all values of the random variable weigthed by their probabilities.
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From
Nthethe Shadrack M
I am from France and I am hooked to this channel since my discovery.
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Me: It is red
Him: Its not a greek letter
Lol I said the same. Its red
Me is me lol
MIT: It's a greek letter
Us: It's red
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Wow these lectures are actually I have been waiting for..Thank you so much MIT.
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Wow, MIT got the CEO of Lau Security Investment Holdings to teach a class
Best comment I've ever seen
AND he's Asian
Hahaha
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Excellent video...well explained and very simple to follow and learn. Thank you.
This Professor really knows how to teach, great pedagogy
What a lovely and humble proffesor! So likeable and engaging❤️
It's 2022 and no other material on internet shared this amount of valuable knowledge! I'm excited to learn more from the 26 lectures, Thanks a lot MIT. You're gold!
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Education is the backbone of every economy
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The same way that you seem to "know" that your behavior is morally superior. Same logical argumentation. Same bullsh*t.
For your kind information, first word of The Holy Quran is "READ"
Maia Atasoy
Islam calls us to seek knowledge. The Messenger (peace and blessings of Allaah be upon him) made seeking knowledge an obligation upon every Muslim, and he explained that the superiority of the one who has knowledge over the one who merely worships is like the superiority of the moon over every other heavenly body. He said that the scholars are the heirs of the Prophets and that the Prophets did not leave behind dinars and dirhams (i.e., money), rather their inheritance was knowledge, so whoever acquires it has gained a great share. And he (peace and blessings of Allaah be upon him) said that seeking knowledge is a way to Paradise. He (peace and blessings of Allaah be upon him) said: “Whoever follows a path in the pursuit of knowledge, Allaah will make a path to Paradise easy for him.” (Narrated by al-Bukhaari, Kitaab al-‘Ilm, 10)
More info:
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And
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Or a way to destroy and brainwash a society
This course is as long as his tie. Thank you MIT!
i just started watching and and I'm grateful for this wonderful opportunity.
Thanks for watching and commenting don't forget to hit the subscribe button for more guidance on cryptocurrency, stocks forex and gold contact us on WhatsApp • + (1)(7)(7)(2)(2)(4)(2)(7)(1)(1)(3)
I'm truly appreciative of open course ware, it really makes a difference who presents educational materials. The difference being the knowledge and another being the enjoyment.
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I love to watch these while driving, it refreshes my brain
I appreciate having 2 different camera angles👌🏼
I enjoyed the lecture. Very informative and interesting. I only completed community college with an AAS Business administration but I am always improving myself independently. Thank you for open course.
I am earning more this year because I have been investing while working at the same time. I invested through PRISCILLA DEARMIN-TURNER, same woman that an anchor kept mentioning on CNBC, and made multiple of my start up capital within three months . She lives here in the USA and she is licensed
I find it amazing not only are they teaching but they are teaching in a foreign language. That's incredible
An insightful introduction to essential financial terms and concepts, setting the stage for a comprehensive exploration of finance. Looking forward to delving deeper into quantitative analysis and market dynamics.
Best analysis and concept.
Thanks Dr. Jake xia.
thank you for your knowledge and giving this knowledge thru cost free channels
Posting these lectures is an amazing learning opportunity for people online.
00:00 Learn how math is applied in modern finance
06:54 Mathematical finance is a new field that has rapidly transformed in the last 30 years.
13:52 Understanding the different types of financial products and players in the market.
21:03 Understanding the key players and types of trading in financial markets.
27:38 Understanding the three types of trading: hedging, market making, and proprietary trading.
34:07 Understanding risk management in trading
40:22 Mathematics plays a crucial role in finance
46:48 Trading is about risk management and discipline.
53:09 Mathematics is powerful and useful in finance.
Bro I haven’t even watched this yet and I know this guy is good
Just a reminder, if any one is a newbie like me who haven't touch continuous stochastic process before, please go through 2-5, 17, 18 and 21 before taking others. Otherwise pretty much can't understand some of the guest lectures.
where can i find these?
Sameer Lal ocw.mit.edu/courses/mathematics/18-s096-topics-in-mathematics-with-applications-in-finance-fall-2013/video-lectures/
Thank you!
He's a wonderful professor! Thank you MIT!
ua-cam.com/video/w_YaUQJAQSU/v-deo.html.
Cant thanks enough this channel team and lecturer.
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Imagine going to a prestigious school and getting a lecture like this. Plain and simple as it should be with those presentation slides
So simple I fell asleep a few times
Please, check the modeling videos and go to delate this shit
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Thank you MIT for the lecture.
God Bless you all Thanks a lot...
thank you for posting these videos and making learning free!!
Great class and great professor!
I dozed off for, say, 3 hours whilst sitting down. This is the video I find myself watching after the 3 hour nap, thank you UA-cam.
Thanks very much, I’m from Brazil and the country is lacking in this type of content, I’m improving my English to better understand these class, but the access to this class is of great help.
Voce ta falando merda cara
@@walterpayton2120 Como assim
Brenner muito bem! Eu sou Brasileira aqui nos Estados Unidos. Se precisa ajuda me avisa
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If only my professors were at least 50% of this quality and had at least 20% of the teaching method presented here.
teaching is incredibly hard. cut 'em some slack unless you can tell they are phoning it in.
While I do agree with teaching being rather difficult, however, I would think that after 18 years of school (2 universities) I would be able to tell the difference in quality, but then again..
...And you were 41.762% of the quality of MIT students😅
@@PzZulqar I don't particularly get what you are saying, however, I wish I could at least attend MIT or have a chance at it. :))
You would have the chance if you paid for an education at an MIT level school
Great lecturer and good explanation
Thank you so much MIT
Thanks for watching and commenting don't forget to hit the subscribe button for more guidance on cryptocurrency, stocks forex and gold contact us on WhatsApp • + (1)(7)(7)(2)(2)(4)(2)(7)(1)(1)(3)
My salutes to MIT and it's professors remotely from India via UA-cam. God bless more Innovation to humanity
Hi bro
From India
43yrs old here; laid off food server. need something to learn and do in life. maybe this video will help. i’m certain it won’t hurt.
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Thank you MIT
Same
May i ask why you are passionate about finance?
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@JustLou 2
Ofcourse you can. I'm passionate about it because to me it seems like learning the rules for a game I didn't know I'm playing, if it makes sense.
It was an eye opening experience for me when I first started learning about finance and the economics of the world.
I'm still currently learning more and more on my own.
I'm not rich but also not struggling anymore.
I do mostly stock market, long term. And I am more financially aware of my spending now as well.
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27:00 hedging is offsetting your risk when the asset is at a good price
I enjoyed this video mind blowing explanation thank you sir
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He really mentioned most of what I learned in 1 year of studying trading
So amazing that we have this kind of knowledge available at our fingertips.
Capitalism providing top free content in the most effective and accessible way. Gotta love it.
crypto is disturbing the stock market
@@MaghoxFr To bluntly state that "capitalism" is the reason we have access to stream such quality educational content at such a *low cost from MIT is much to black & white from my experience. There are SO MANY VARIABLES you have to look at & a key one that would factor in could work in favor of pure altruism. I find the pendulum always finds its balance though.
*by either watching commercials/letting them mine your data/paying $11.99 per month to UA-cam +/&/or pay directly to content creators that do the hard work for us/patreon/etc
This isn't the Wok shop? I was looking for fried rice recipes
@@MaghoxFr Imagine complaining about capitalism while you're on your mac
wow 40:02 is totally relative to the current market conditions we are experiencing and have been since mid-Dec '21.
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My class is off due to corona. So i am here trying to utilise my time. Grateful 😇
Awesome course whereby professional terms are explained in a simplifed way.
Melihat upaya kalian, keliatan sekali kalian yg butuh aku dan kimi,
Thank you Jake Xia!
Thanks for showing the class size. Certainly not UC Berkely Econ 1 with something like 700 students.
Dr. Jake Xia You are amazing at your teaching style. 🤩🤩
He's very very good. You may like Aswath Damodaran too.
He couldn't have dumbed it down more actually
@Laura Brooks whats ur pnl
good strategy! You have made a lot of good videos. Adore! I'm a big fan.
Too bad this video is too short... This man has good insight
In finance courses. Investing is the only attainable solution to financial growth.
This is the quickest way to earn extra cash the market Jessica.
I don’t see any other way to go about it.
advantageous
The outlier are so hard to reach, most busy guys on Wall Street
Not all true Victoria, their are people in reach. Most of the time it right in your face all for the taking, I could share a well paid partnership with Jim oddain
"like i said, I'm good with calculation"
YES!
This made my day!
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@Rob C saggy hairy titties
fkn LOL
i think the value of this course can best be described by personall anecdote. if i could go back in time and give myself a sitcky note that said "learn how to buy and sell options" i would trade my entire post 6th grade education for that knowledge.
i want to flow with such kind of experienced minds
There might be economic turmoil but there is no doubt that this is still the best time to invest.
I do think the stock market is going to all time highs again (spy 500-550) but most likely not until we go back down to retest the lows. The April run will likely stall short of all time highs around 455-460 on major resistance, before tanking back down to 420's in May. then I can see a run back up to 500+ through the summer
knowing the longer term trend.. should make it easier for shorter term trading
@@davidkayser5430 yh, that is why it is very important to choose stocks you will invest in. Invest wisely either for short term or long term.
@@davidkayser5430 2022 is going to be the best year for all investors. soon the market will sky rock.. i invested
@@ruzunasaben7658 I still don't understand the market. we buy then we sell then we buy.. should we sell now? am new to the market. Isn't it cheaper to just hold and accumulate?pls, do you work with an expert? if yes, how do i reach the expert that assists you?
Thank you for this.
If I just had one teacher like this over all of those years…
Great explanation! Thank you so much😎
Just what I was looking for.
thank mit leaned a great deal
This video has relentless ended up in my recommended page, I never click it, and never intend to watch it. It amazes me how often it pops up though
Information is inherently free. It is the one thing you can reproduce, in mass quantities, give away for free, and you still have it too...
Information breaks the Zero-sum game of classic economics.
Teaching style is very good!! Iswar Prasad Koirala Trichandra Multiple campus kathmandu ;
Nepal.
Over 65% of your comment was a useless signature 🤣
These courses are a wonderful public service. Thank you MIT.
Check out Financial Nutrition for more finance content!
MIT and no periods in between this a new world
This is a absolutely sweet video
Thanks again MIT!
I'm really glad that such lectures exist online
@Laura Brooks un related comment
This is really great. Thank you for sharing this valuable information.
Everyone needs to watch this if they ever regretted sleeping thru college!!
In the process of growing,
the main concern is how to overcome
egoism and dig up the roots of evil.
So thankful for these videos
I am here because soon I have to take a finance class for health care administration . When I took it for marketing I barely passed . I want to learn how to understand this subject and be able to pass it next year
Informative content For Finance and I'm thankful to MIT