yeah - it's surely all about timing - if this guy fell of his bike he might spend the night in hospital by which time there may be a glut in market 1. He could also simply fall off his bike and the apples would get bruised!! It's a good example of exploiting price differentials but surely time is thew risk factor?
This and two other finance videos are the only ones I've "gotten" in terms of understanding. My friend is a broker, and he explained this and the two about simple & complex interest.
Unfortunately, he's not always here and he won't help me w/ world trade exchange rates, b/c he doesn't like talking about it.
You just crack up my friend whenever you say 'it's a fancy word, but a simple idea.'
He has one of those FINRA things. IDK exactly what they're called. But I never even heard of the word until he showed me a card and said it means he's registered as a financial advisor. I just don't remember what FINRA stands for.
I knew when he told me, though, b/c he defined every letter; but I only remember the first two for financial institute.
youre the bomb
bigbabbys 2 weeks ago
Awesome as a bright sunny day!!! Thanxie!!!
Strawberrysurf 1 month ago
yeah - it's surely all about timing - if this guy fell of his bike he might spend the night in hospital by which time there may be a glut in market 1. He could also simply fall off his bike and the apples would get bruised!! It's a good example of exploiting price differentials but surely time is thew risk factor?
lovecraftianmonkey 1 month ago
Entourage!
PhantomAct 3 months ago
genius! thanks for the videos!
YesfulThinking 3 months ago
Awesome, this is very clear. Thanks Sal. I have an exam coming up on a Harvard case. This will help me to crack the arbitrage related questions.
learnanddeliver 6 months ago
This and two other finance videos are the only ones I've "gotten" in terms of understanding. My friend is a broker, and he explained this and the two about simple & complex interest.
Unfortunately, he's not always here and he won't help me w/ world trade exchange rates, b/c he doesn't like talking about it.
I'm just glad I get this one.
vickiormindyb 10 months ago
You just crack up my friend whenever you say 'it's a fancy word, but a simple idea.'
He has one of those FINRA things. IDK exactly what they're called. But I never even heard of the word until he showed me a card and said it means he's registered as a financial advisor. I just don't remember what FINRA stands for.
I knew when he told me, though, b/c he defined every letter; but I only remember the first two for financial institute.
vickiormindyb 11 months ago
I wouldn't call it risk free. DEA is getting good at detecting heroin hiding spots.
oexnorth 11 months ago
thanks for this explanation! It's clear to see now one of the ways which the current system allows for manipulation for profit
KellyPosey 11 months ago