Finance Facts: Recent Episodes
Dave Coker
Whether you're cramming for a test, prepping for a job interview or just expanding your already awesome knowledge, you need the facts. Finance Facts. Each episode presents a single topic, typically lasting just a few minutes.
Presenter Dave Coker has over 25 years of Investment Banking and Financial Services experience, starting on Wall Street with Dow Jones in 1987, Dave moved to Deutsche Bank in 1992 where he spent the bulk of his career. Still with Deutsche Bank, Dave relocated to Europe in the late 1990s, later taking positions with ABN AMRO and Moody’s.
Dave started teaching finance in 2017 and quickly realised today’s students prefer to learn digitally, rather than by reading books. The problem with learning digitally is often fundamental financial concepts explored in the context of a broader topic.
Dave’s podcasts allows listeners to learn necessary financial facts. This helps sitting an exam, being interviewed for a job or just expanding your knowledge.
KNOW YOUR FACTS!! Finance facts.
Ok now Bulge Bracket Banks
is a banking industry term
you’ll run across
from time to time
so it’s important
you know about it
Let’s go!
Wow Pump and dump sounds sorta criminal. And it is! But we do have to talk about it so you’ll know what it is.
So let’s go!
When looking at the banking space you’ll often hear the phrase Neobank. So we’re gonna discuss and make sure you’re up to speed. Let’s go!
So, Reg NMS is a very important financial regulation in The United States that has impact on trading so you need to know about it. Let’s go!
Ok now Wholesale Banking is a very important part of the banking business so you need to know what it is. Let's discuss!
Ok now Bank Holding Companies are an important part of modern banking, so you clearly need to know a little about them. Let’s go!
Ok a very important concept from the banking space is Transaction banking. So you just know we’re gonna talk about it. Let’s go!
Ok now, the phrase Universal Bank is an important concept from the banking space you need to be aware of so we’re gonna briefly discuss it. Let's go!
Ok now Specialist is an interesting term from the market space. so we need to discuss it. Let’s go!
An excellent term from the regulatory space you really need to know about is Bucket Shop. so let’s chat about it!
Ok now an interesting topic straight from the trading space is Spread Trade. So we’re gonna chat briefly about it. Let’s go!
An excellent topic from the regulatory space is National best bid and offer. So let’s briefly discuss it!
A phrase straight from the banking space you need to be to be familiar with is Relationship Banking, so we’re gonna chat about it. Let’s go!
Ok an excellent topic from the banking space you need to now about is Deposit Insurance. So we’re gonna talk about it briefly. Let’s go!
Wow the term Equity Swap is sorta of obscure, but its an interesting financial technique used to structure cash flows and reduce risk. So let’s talk about it!
A great topic straight from the regulatory space is Regulation FD. So we’re gonna have to talk about it. Let’s go!
Now a very fascinating but somewhat obscure topic you should know something about is Financial Spread Betting. So we’re going to briefly discuss it. Let’s go!
ok The Carry Trade is another trading technique you should be aware of. So let’s discuss!
All right a totally excellent topic from trading is Scalping. You do need to know something about it. So let’s go!
Now Financial Analyst is a phrase you might hear from time to time, so you should know more than a little bit about what it is. So let’s go!
All right now Contracts for Difference are an area you really should know about, so we’re gonna discuss it. Let’s go!
Contrarian Investing is a term
commonly heard
in the investing industry
so its important
you know what it is
Let’s go!
Oh boy, another fascinating topic from the trading space is price action trading so you just know we’re gonna talk about it. Let’s go!
Ok the phrase Pattern Day Trader has more to it than the words suggest, so we’re gonna discuss it and make sure you’re informed. Let’s go!
Now Swing Trading is somewhat obscure but its another trading technique you should know about. So let’s go!
Ok now while the phrase Day Trading is sorta self evident there are details and nuances you really should know so we’re gonna discuss it. Let’s go!
Oh boy now we’re gonna talk about a very interesting phrase from the regulatory space - Regulation T. Let’s go!
Ok now Time Series is a term you’ll commonly hear when discussing Econometrics. So we’re gonna briefly talk about it. Let’s go!
Here we go, securities research is an excellent topic that many investment professional undertake. So of course we’re gonna talk about it!
Oh boy The Back Office is another important Term from the investment banking space, so its important you know about it. Let’s go!
Ok now The Middle Office is another major part of a modern investment bank, so you really have to know something about it. Let’s go!
All right a great topic from the Investment Banking space is the phrase the Front Office. So let’s talk it!
Ok now Fund Accounting is a type of accounting often used by non profits or perhaps governments. So let’s talk about it.
The S&P 500 Dividend Aristocrats are a group of companies that increase their dividends every year.
Wow Mid cap stocks are a fantastic topic to discuss and something you really need to know about. So let’s discuss!
Wow Large cap stocks are an excellent topic to discuss and something you really need to know about. So let’s discuss!
Ok now Fund Administration is a term you might not often hear, but its a fascinating function and one you need to know about. So let’s go!
Wow a very interesting term you’ll run across from time to time is Crowdfunding. So let’s talk about it!
Ok, IFRS is an excellent topic from the accounting space to discuss and one you should be familiar with. So let’s go!
A really fascinating term from the Venture Capital space is Venture Round. So let’s talk about it and you’ll know what’s up!
Ok a Trustee is an important part of many financial structures, so it’s important you have an idea what it means. Let’s go!
When discussing the equity markets you’ll often hear talk of small cap stocks. So let’s find out what they are!
Ok, Financial Risk Management is a phrase often heard in finance, so you’ll need to understand what it is. Let’s go!
Gosh now Price wage spiral is a very timely topic one that is often in the news. So let’s talk about it!
Ok you’ll often hear mention of the Business Cycle in the news, so we need to make sure you’re comfortable talking about it. Let’s go!
All right now, the Phillips Curve is often discussed with respect to the US economy so its best you know what it is. Let’s go!
Now Gross National Product Is a phrase you’ll sometimes hear When talking about a Nation’s economy. So we should discuss it.
Ok now Structured Products are very useful and interesting financial instruments. So we need to talk about them!
Now Merchant Bank is a phrase you’ll hear from time to time when discussing the business of banking, so we have to briefly discuss it. Let’s go!
Ok now The Greeks are mentioned very often in finance, in particular when discussing certain derivatives. So you gotta know about the phrase. Let’s go!
Ok now Fractional Reserve Banking is often in the news, and because it seems most people don’t really understand it you need to know something about the topic. So let’s go!
Gosh the phrase Black Swan refers to a fascinating theory that used to be considered fringe, but now is sorta mainstream so you do need to know about it. Let’s go!
Now Flight to Quality is a phrase you often hear when things get dicey in the markets. Let’s briefly discuss, so you’ll know precisely what it means!
Ok another concept
that is sort of obscure
but is not without followers
is The Mens underwear index
So let’s discuss it
Ok Credit Default Swaps are an extremely important derivative that you really need to know about. So let’s discuss!
Ok the Hemline Index is a pretty interesting concept so we’re gonna briefly discuss it. Let’s go!
Ok now Quantitative Easing is often in the news due to the actions of Central Banks. So its important you know about it!
All right a fascinating term you’ll often in criticisms of capitalism is Vulture fund. So let’s discuss it!
Wow implied volatility is an excellent topic from options pricing so you need to know a little bit about it. Let’s go!
Ok, insurance underwriting is a phrase you’ll hear from time to time, generally when there has been some sort of natural disaster. So let’s briefly talk about it!
Ok now the FOMC is very often mentioned in the news
so you clearly need to know what it is. Let’s discuss it!
Ok now the phrase FASB refers to a very influential organisation in The US. So its important you know something about it. Let’s go!
Now Prime Brokerage is a very important term from the hedge fund world. So it would be good if you knew something about it. Let’s go!
Now another very interesting phrase from trading is Stop Orders. SO, you just know we’re gonna talk about them. Let’s go!
The phrase "Systemic banking crisis" describes an event that regulators do everything they can to avoid. So let’s discuss!
Ok now, Monetary Stability is an important concept from macroeconomics, so you really have to know something about it. Let’s go!
Ok now Sovereign Wealth Funds are all in the news, so you really sorta gotta something about the phrase. So let’s discuss it!
Wow now Sovereign Default is a phrase you need to know about but you certainly don’t want to experience. So let’s talk about it, and you’ll see why its something to be avoided!
Now Bank Runs are historical events that we’ve seen from time to time. Most recently during the global financial crisis of 2007-2008. So lets discuss!
Ok The Money Supply is another term from macroeconomics that you really need to know about. So let’s discuss it!
Now a phrase you’ll often hear when discussing investing is Investment Trust. So we’re gotta talk about it to make sure you’re fully up to speed!
Ok now, Institutional Investor is a very important market participant. So you clearly need to know something about the phrase!
ok, another term from financial engineering you’ll need to know about is The LIBOR–OIS spread. So let’s discuss it!
Now a very interesting phrase from the credit derivatives space is Credit Linked Note. So you just know we’re gonna talk about it!
Ok a fascinating topic from Financial Engineering is Overnight indexed swap. So let’s discuss!
And now another phrase from Risk Management you should know about is Basel IV. So we’re gonna briefly talk through it and you’ll be in good shape!
And yet another phrase from Risk Management you should know about is Basel III. So let’s talk through it, and you’ll in good shape!
Another phrase from Risk Management you should know about is Basel II. So let’s talk it through and you’ll be in good shape!
A phrase from Risk Management you should know about is Basel I. So let’s talk it through, and you’ll in good shape!
Another important concept from Risk Management are The Basel Accords. So you just know we’re gonna talk about them!
Ok now Operational Risk is a very important part of modern risk management so we need to discuss it. So let’s go!
Ok now Market Risk is a key concept from Risk Management that you need to know about. So we’re gonna discuss it!
Ok now a phrase from accounting you need to know about is Net Interest Margin. So we’re gonna discuss it. Let’s go!
Now the Primary Dealer Credit Facility is an important part of the regulatory response to the global finical crisis. So let’s talk about it and you’ll be up to speed!
Now Securitization is a very timely and topical subject, especially so as we’re now seeing securitization being undertaken in the crypto space. So let’s discuss!
The Bank Rate is a key component of a nation’s monetary policy, so its important that you know about it. Let’s go!
Now talk about Zero Interest Rate Policy is very timely. So we’re going to discuss it, and make sure your comfortable with the topic!
Now The Ted Spread is often heard during times of financial stress or, even worse, crisis. So we’d better talk about it!
Ok now a Financial Roadshow is a very important part of fundraising. Let’s talk about it and see how it works!
The Discount Window is integral to the effective operation of monetary policy. So we need to discuss it and make sure you’re comfortable!
Ok an obscure, but very important phrase from the regulatory space is The FATF Travel Rule. So let’s discuss!
Now this is an interesting topic. AMLD5 sounds like a high end sports car, but its actually a key part of Anti money laundering laws impacting Fintech. So let’s talk about the topic!
The phrase Family Office might not be heard often but its still one you need to know about. Let’s go!
Now the Consumer confidence index is an important metric from economics that you should understand. So let’s briefly discuss it!
Alright Benchmark is another phrase you’ll often hear when discussing investments and investment performance. So you just know we’re gonna talk about it!
Ok Commodity Trading Advisors are integral to a certain asset class. So let’s figure out what the phrase means!
Now an excellent topic from economics that you need to know about is The Fisher Effect. So you know we’re gonna talk about it!
Ok, Central Banks are key players in the global financial system, so you really need to know something about them. Let’s discuss!
Ok, underwriting is a very important part of the banking and Financial services business, and its important You know about it. So let’s go!
Ok now The Fed Funds Rate is a very timely topic. So let’s talk briefly about it and you’ll be up to speed!
Ok, Know Your Data is an emergent part of the banking regulatory framework. So let’s discuss it briefly!
Ok we often hear talk about Contango in the commodity markets. And since its a pretty important term, so best we chat about it!
Ok we often hear talk about Backwardation in the commodity markets, and its a pretty important term. So best we chat about it!
All right like many indices The Dow Jones Sustainability Indices Track specific parts of the market. So let’s talk about this phrase and see what we can learn!
wow the concept of a Regulatory Sandbox is very new and emergent concept. So let’s briefly talk about it and you’ll be up to speed!
Ok, The VIX Is often in the news mostly for the wrong reaons. So let’s chat about it, and you’ll be comfortable with the topic!
Ok now, Market Orderis something you really need to know about when you engage the markets. So let’s talk about it!
Every now and then you’ll hear the phrase "Return Chasing" mentioned so its important you know what it is. So let’s go
a very important tool used during trading or investing is a Limit order. So let’s discuss it and you’ll be comfortable with the topic!
Ok an excellent phrase you need to know about is Economic Capital. So let’s figure it out!
VAR is an excellent topic from Risk Management and one you need to know about. So let’s discuss it!
Ok, Market Neutral is a concept we’ve mentioned before. But let’s go a little deeper and talk the topic on it’s own.
Wow another timely topic you really need to know about is Lemon Socialism. So let’s briefly discuss it and you’ll be up to speed!
Excellent, Tax Competition is another timely topic that you need to know about. So let’s discuss it!
We hear the phrase Crony capitalism from time to time, almost always when discussing developing nations. But rather surprisingly sometimes the charge is levied at developed nations. So let’s talk about it!
From time to time you’ll hear the term Activist Shareholder in the news. So its important you understand who and what is being discussed. Let’s go!
Now Open Market Operations are a very important approach to fine tuning the Cost of capital And liquidity in the economy. So let’s briefly discuss!
Ok now Real Interest Rates are key to your understanding of money, so we need to talk about them. Let’s go!
Now Order Book is a very important part of the modern trading ecosystem so you need to know about it!
Ok now Nominal Interest Rate is an extremely important concept you need to know about. So let’s get started!
Now one of the more important derivatives you should know about are interest rate swaps. So let’s discuss!
Wow another great topic from the modern trading ecosystem is ECN. So we’re gonna discuss it and make sure you’re up to speed!
Gosh another very important term often used when discussing the modern trading ecosystem is Alternative trading system. So let’s talk about it briefly!
Crossing Networks are a very important part of the modern trading ecosystem. So let’s talk about them and you’ll be fully informed!
Ok Dark Pools are incredibly interesting and important parts of the modern trading environment.
So we’re gonna talk about them!
Now Income tax is a phrase we’ve all heard. But let’s discuss it, to make sure you’re aware of the details and nuances.
Let's go!
Ok now The Volatility Index is an excellent market indicator to learn about So you just know we’re gonna discusss it!
Ok now Profitability Index is another very important tool we can use to evaluate possible investment opportunities.
Let’s discuss it so you’ll be comfortable!
A totally excellent phrase you need to know about is Breakeven.
You’ll run across it in a wide variety of financial contexts. So let’s talk about it!
Another trading technique you need to know about it is Trend Following. So let’s discuss it!
Allright Beta is another phrase you’ll often hear when talking about investments. So we’re gonna review it and link it with Alpha which we’ve talked about before!
Now Alpha is a phrase you’ll often hear when talking about investments. So let’s review it and make sure you’re comfortable with the term!
Another interesting trading strategy you need to know about is Merger Arbitrage. So let’s go!!
Wow High Frequency Trading is an excellent topic, and definitely a phrase you need to know about. So let’s go!
Now taxes are in the news a lot lately because of the new global tax agreements that have been achieved. So let’s chat about an interesting topic from taxes, profit shifting.
wow now Fixed-income relative-value is a very interesting and advanced trading strategy. So we’re gonna talk about it briefly to make sure you’re comfortable with the phrase!
Here we go another phrase you might
have heard of before is program trading. But let’s talk about it and you’ll know exactly what it is.
Wow here we go with another advanced trading concept. Sure, its a little geeky, but you really should know what this strategy is. So let’s go!
So Let’s continue to explore advanced Trading techniques.
Sometimes you’ll hear about Volatility Arbitrage. Let’s chat about the topic and you’ll know what it is!
Gosh Delta Neutral
Is integral to many
Advanced trading strategies
So we’ll talk about the phrase
to help you understand it
And who knows,
you may even think
Of your own trading strategy
Incorporating the concept
Oh boy Statistical Arbitrage is another excellent trading technique you should know about. So let’s go!
I used to work in Fixed income arbitrage and it’s a very interesting way to generate alpha. So let’s talk about it!
Ok, here we go. Dogs of The Dow is a very fascinating investment strategy you need to know about simply because academic theory suggests it should not work. But it does!
Ok now Front running has been mentioned here a few times and its often in the news. So its really something you have to know about!
Ok now Proprietary Trading was a very important part of Investment Banking. So its important you understand exactly what it was. Let’s go!
Ok now we’re starting to get into some topics that not only are very interesting but also possibly profitable, So let’s talk about Abnormal returns.
Now Capital Flight is an excellent topic, and one governments around the world are presently struggling with. So its important you know about it.
Gosh Tax Evasion is a fantastic topic because many people misunderstand and confuse it with Tax Avoidance. So let’s make sure you know the difference!
Tax Shelters are an excellent topic to discuss because they are often misunderstood. So let’s talk about them!
Tax Harmonization is a phrase that’s been in the news a lot lately, so we need to talk about it!
Gosh Tax Inversion is a somewhat obscure topic from Finance that periodically hits the news. So let’s talk about it!
Tax Avoidance is a topic we’re hearing a lot about these days. So let’s discuss it and make sure you’re informed about precisely what Tax Avoidance is.
It seems Wealth Taxes are in the news a lot lately probably best we discuss, so you’ll be informed about the topic!
Oh boy taxes are a timely topic in finance, so let’s discuss Capital Gains Tax and you’ll know about it!
All right an excellent topic you need to know about is Expected Return. So let’s talk about it
Wow great topic today, Relative Return is an important concept from portfolio management that you should know about. So let’s discuss it!
Ok now Stagflation is a phrase we last heard a lot of in the 1970s. But we’re just now starting to hear talk of it in the financial media. So let’s discuss it!
The Misery Index was thought by many to be in the past. But we’re seeing mentions in the financial media now. So let’s talk about it and you’ll be up to speed!
Ok, we’ve mentioned Dow Theory a couple times. so let’s talk about it and you’ll be up to speed!
Ok, another index you’ll often hear talk about is The Dow Jones Transportation Average. So let’s briefly discuss it!
Ok a very common term in finance is The Dow Jones Industrial Average or The Dow. So let’s discuss it!
Ok another excellent topic that you need to know about is Modern Portfolio Theory. So let’s chat about it and you’ll be comfortable!
Ok excellent topic, because if you’re interested in trading and investments you need to know what The S&P 500 is. So let’s figure it out!
Ok, Convertible Arbitrage is something we hear about from time to time. So you just know we’re gonna discuss it!
Ok, a topic we’ve often mentioned is Investment Banking. So let’s define it and make sure you’re up to speed!
Ok, Financial engineering is a fascinating topic which is in the news from time to time, so you need to know about it. Let’s go!
Ok, great topic today guys. Alternative Investments are definiitely something you need to know about. So let’s go!
Ok, Stockbroker is another one of those terms commonly heard, but let’s make sure you better understand what it means. Let’s go!
Ok now, Capital Structure Arbitrage is a very interesting trading technique to be aware of. So we’re gonna talk about it and make sure you’re comfortable!
Ok now Algorithmic Trading is in the news from time to time usually for the wrong reasons which means you need to know something about it. So let’s go!
Ok, Absolute Return is a phrase you’ll often hear when discussing fund management. So let’s talk about it!
Ok, Securities underwriting is an excellent topic and one that you’ve likely already know more about than you might suspect. So let’s go!
Ok now we’ve previously spoken about Financial Accounting. But you also need to know what Managerial Accounting is, so let’s talk about it!
Ok, straight from accounting is a term you really need to know about -- Interest expense. So we’re gonna talk about it and make sure you’re comfortable.
Ok, GAAP is another accounting phrase that you need to know about to really understand some aspects of finance. So lets go!
Wow The Big Mac Index is something you’ll hear mentioned from time to time especially when talking about currencies. So you just know we’re gonna talk about it!
Ok voting shares are a key principle of Finance, so its important you know what it means. Let’s go!
Ok, so you might have heard the term prospectus. So let’s chat about it and make sure you know exactly what it is.
Ok guys now, The Law of one price is something you’ve already likely heard about. But let’s talk about it so you’ll be clear.
All right, straight from accounting is The Matching Principle and its something you should at least know a little bit about. So let’s discuss it!
Ok, now Savings Bank is a topic you likely have some personal knowledge of but let’s chat about it, and give you more background information.
Ok, another term straight from accounting that you need to know about in finance is Current Liabilities. So let’s discuss and make sure you’re comfortable.
Ok, another term straight from accounting that you need to know about is capital expenditure. So let’s discuss it and make sure you’re comfortable!
Ok, promissory notes are an interesting part of how businesses finance themselves. So let’s chat about them briefly and make sure you know what they are.
Wow Foreign Direct Investment is an excellent topic in this era of globalisation. So let’s talk about it and make sure you’re up to speed!
Ok now, Too Big to Fail is an important concept that you should know something about. So we’re gonna talk about it!
Wow a special purpose entity is an excellent topic that you should know something about. So let’s briefly discuss and make sure you’re up to speed!
Oh now ponzi schemes are an excellent topic and I’ll tell you financial scams are a particular interest of mine I’m totally amazed sometimes at what people do for money. So let’s discuss and make sure you know about Ponzi Schemes.
Ok guys we’re now going to talk about Investment Funds, and there likely are some nuances you may not have known. So let’s get started!
Ok Historical cost is another term from accounting that you really need to know about in finance. So let’s talk about it!
Ok now Opportunity cost is an interesting phrase you’ll hear from time to time in finance especially when didsucssing what a company might or might not have done. So let’s discuss it.
Accrual accounting is another excellent topic not strictly finance but you still should know something about it. So let’s discuss!
Cash Accounting is a term you’ll often hear when discussing the finances of companies. Its an important phrase for you to know, even if you don’t want to work in accounting. So let’s chat about it
Ok, now another term straight from accounting which you need a basic understanding of in finance is gross profit. So let’s talk about it.
Ok, we’ve discussed inflation as well as the consumer price index, so now let’s consider another important metric: The Producer Price Index.
Ok, The Consumer price index, otherwise known as CPI, is an extremely important economic metric you need to know about. So let’s discuss!
Wow Developing Market
is another phrase often heard when talking about globalisation. So let’s discuss it briefly and you’ll know exactly what it means!
Ok, Developed Market is a phrase we hear often in this era of globalisation so let’s make sure you know precisely what it means.
Now non-recourse loan is a term you’ll hear from time to time in finance so its important you’re comfortable with the phrase. Let’s go
Ok, an interesting accounting term you need to know about is Tax Expense. So let’s discuss and make sure you’re up to speed!
Ok, every now and then you’ll hear mention in the financial media of a Commodity Supercycle. So let’s discuss it to make sure you’re up to speed!
Ok now Tracker Funds are very important investment vehicles that you need to know about. So let’s discuss!
Hyperinflation is a timely topic considering all the fiscal stimulus that is taking place in the Western Democracies. So let’s talk about it and you’ll be up to speed.
Ok Dividend Yield is an important concept from finance, which will help you evaluate a stock for possible investment. So let’s talk about it!
Wow ok great one! When looking at the crypto space you’ll often hear the phrase Bitcoin mining. So let’s talk about it and make sure you’re up to speed!
Ok, ESG Investing is in the news a lot these days, so let’s chat about it and you’ll have an idea what the news is talking about.
ok, Financial Accounting is a key phrase you’ll often hear about when investing. So let’s chat about it
Assets under management is a phrase you’ll run across when looking at different funds perhaps with an eye towards investing. So let’s talk about it
All right Accounts Payable is another accounting term that you’ll frequently encounter in finance so its important you know what this means. Let’s go
Ok Accounts Receivable is a term straight from accounting but working in Finance you do need to have a basic understanding of the phrase. So let’s talk about it!
All right if you read annual reports or listen to earnings calls, you’ll sometimes hear revenue recognition mentioned. What’s it all about?
Ok now, asset allocation is an important concept in finance and specifically regarding investment management. So let’s talk about it
Ok, Zombie companies are very timely. So let’s chat about them and make sure you’re briefed on the topic.
Wow the Altman Z-Score is an incredibly simple and very useful tool to measure corporate credit risk.
So let’s make sure you’re comfortable with the topic!
Now real return is a very timely topic. So let’s talk about it and make sure you’re up to speed.
Ok, Momentum Investing is often mentioned in the financial media from time to time, so its important you know what it is. Let's go!
Ok a listener suggested an excellent topic: arbitrage. So let’s find out what its all about!
Ok now Asset Turnover is an important tool that helps us analyse a company’s financials. So you just know we’re gonna talk about it
Ok, we’ve spoken before about The Quick ratio so now we’ll look at a very similar but different metric: The Current Ratio. Let’s go!
Ok, this is another accounting metric used for corporate valuation so you need to know something about it. Let’s go!
Now Project Finance is a very important topic in modern finance, so its important you know something about it. Let’s go!
The Efficient Markets Hypothesis is key to understanding modern finance, and especially the capital markets. So let’s talk about it!
Ok Sovereign Bonds are very important in finance. So you just know we’re gonna talk about them. Le'ts go!
Alright Purchasing power parity is a term straight out of economics, but it does impact finance. So let’s talk about it and make sure you’re ok with the concept.
Euribor is sorta obscure, but since we talked about LIBOR we need to discuss Euribor to make sure you’re fully informed. Let's go!
Now Discounted Cash Flow Analysis is a widely used financial technique for valuation, so let’s chat about it!
Ok, Commercial Bank is another finance term you’re likely familiar with, but let’s define it and point out its more important characteristics to insure you’re up to speed. Let's go!
Short selling is commonly discussed in the media, particularly if there are market or share price crashes. So let’s make sure you know what it is!
All right you’ll often hear about the 60 / 40 portfolio, so its a good thing
to know about. Lets take a look at it
Ok, LIBOR is in the news from time to time and is pretty important in finance, so you need to know about it. Let’s go!
a SPAC, or Special Purpose Acquisition Company, is both timely and in the news. So you need to know about them. Let's go!
Ok, Gross margin is often discussed both in financial as well as mainstream media. So let’s talk about it.
Ok Annuities are a very important part of finance and specifically financial planning. So let's talk about them!
Ok, embedded value is a somewhat unusual term in finance, but if you know something about the definition can only help you Let's go!
Defined contribution pensions are increasinglly common, so you need to know about them. Let's go!
Ok, Defined benefit pensions are in the news from time to time, so let’s talk about them to make sure you’re up to speed!
We’ve spoken about specific types of financial institutions before, so today let’s look at Savings and loan associations, or S&Ls. Let's go!
Ok, now Return on investmentm or ROI is an importnat ratio that helps us evaluate different investments. Let's talk about it so you'll be up to speed!
Another important metric you need to know about is Return on Invested Capital, or ROIC. So let’s chat about it briefly and make sure you’re up to speed!
Return on equity is a phrase you'll often hear when discussing stocks, so its important you know what it means. Let's find out!
Return on Assetsis one of those phrases you can almost figure out, but let's talk about it to make sure you’re comfortable.
CAPE ratio is a term you'll often hear when discussion stock market valuation. So let's find out what it is!
Return on captial is another important phrase you need to undertstand. So let's talk about it!
Profit margin is a phrase you could likely figure out, but lets talk about it to make sure you're comfortable.
Unit trusts are important vehicles and are important for you to know about. So let's go!
Credit Unions are a very unique type of financial institution that you need to know about. So let's talk about them.
Minority interest is one of those obscure accounting terms that you'll sometimes hear. So let's talk about it!
Mutual funds are a very important component of the investing world, so you need to know what they are. Let's talk about them!
Cost of carry is a concept many overlook when acquiring assets. So let's take a look at it!
Ok, another phrase from options pricing and since these derivatives are an importnt part of finance, you need to know about it. So let's go!
Ok, lots of people are getting interested in equity options, so let's introduce the vocabulary starting with intrinsic value.
Zero coupon bonds are not only incredibly interesting, but they also play a very important role in the fixed income universe. So let's make sure you know what they are.
Rational Pricing is a phrase you may not often hear, but you've likely encountered some concepts in your study of finance. So let's talk about it!
Spot Rate is a phrase we often use when discussiong certain instruments and markets. So let's talk about it to insure you know what it is.
Net present value, or NPV, is a key metric applied to the valuation of assets or projects. So let's make sure you know what it is!
Share captial is a phrase you've likely bumped into in your study of finance. So let's formalise a definition to help you!
We've talked about junk bonds before but what about Investment Grade debt? so let's talk about it!
Financial statement analysis is a set of techniques and tools which allow us to make informed decsisions about an organisation's financial health. Let's take a look it!
The market porfolio is an important theoretical concept from asset valuation. So let's talk about it!
Net Asset Value is an important metric you need to pay attention to if you are purcahsing certain types of funds. So let's talk about it!
The Sharpe Ratio is commonly discussed when evaluting possible stock market invesetmnets. So you need to know what it is!
Ok, a Forward Rate Agreement, or FRA, is fascinating and widely used derivative. So of course you have to know about it!
Now this is an interesting topic, and we've spoken about it briefly before, in the context of systemic risk. So let's go a little deeper!
Clearing is one of those nuts and boilts, operational details of how markets work. So its good for you to have some knowledge of what it entails.
Depository Institutions are a fundamental part of the banking ecosystem. So let's find out what they are!
Spot market is one of those phrases you've likely heard before, perhaps many times. Its important you know what a spot market is, so let's talk about it!
Systemic risk is an important component of asset valuation. So let's find out what it is!
Free float market capitalisation is an important term to know if you're investing in stocks. So let's talk about it!
Duration is a key concept of fixed income valuation, so its important you know what it is. Let's find out!
Goodwill is an accounting term you really should know about if you're going to invest in stocks. So let's talk about it!
Shares outstanding is a very important term used in the stock market, so you have to know about it.
Mezzanine capital is an obscure phrase in finance, but still its good for you to know. So let's go!
Par, premium and discount are phrases often heard when talking about Fixed Income Valuation, so its important you know what they mean. Let's find out!
The Capital Asset Pricing Model, or CAPM, is a widley taught asset valuation model, so you have to kow what it is. Let talk about it!
Intellectual Capital is a phrase you often hear used in the financial media, so you've got to know what it means. Let's find out!
You'll sometimes hear the phrase Primary Market, so its important you know what it means. Let's find out!
Interest rate swaps are incredibly important and widely used derivatives. So let's talk about them!
We've talked about seed captial before, in different but releated context. So let's define the phrase so you'll know what it is.
Custodian Term is a venerable but timely and important banking term, so its important you know about it. Let's go!
We often hear the phrase Intellectual Propety, or IP, but let's talk about it to make sure you fully understand!
You may already know about street nane securities, but let's put a definition in place!
Ok Series A round is a very important concept from venture captial that you need to know about. So let's chat about it!
Discounting is commonly heard term in finance, one that is very important. So let's review to make sure you undertand what it is.
Another obsecure term you have to know about is dematerialisation, so let's talk about it!
Present value is used throughout finance in the valuation of assets, so its important you know about it!
Intangible assets are important in the valuation of a compaby, so let's talk about them!
Stock splits are fascinating for many reasons, so let's figure out what they are and how they work!
Cost of goods sold is an important account term you need to know about, so let's get to it!
You often read about distressed securities in tough economic times. So let's talk about them now!
Cash flow statement is another term from financial accounting that you need to know about, so let's talk about it!
You might not have heard of a stock transfer agent, but you should know what they do -- so let's find out!
Ok, non deliverable forwards are obscure but interesting derivatives that you should know about -- so let's find out what they are!
Another important concept from accounting, let's find out what an income stataement is!
Repos, or Repurchase Agreements, are fascinating structures, so let's learn about them!
We don't hear much about interest rate risk, but its important in finance -- so let's figure it out!
Holding period return is an important investment concept, so let's figure out what it is!
Book value is a very important concept that helps us value busineses. So let's talk about it!
Venture capital is an important part of finance, so let's make sure we know what it is!
We often hear talk about a firm's capital structure, so let's make sure we know what it is!
Commercial paper is often mentioed by the financial press, so let's find out what it is!
Reinvestment risk isn't commonly discussed, but its still a factor you need to know about. So let's figure it out!
Operating expenses are an important component of accounting, so let's figure out what they are!
You'll often read about Counterparty risk, and its an important part of modern finance, so let's figure out what it is.
M&A, or Mergers and Acquisitons, are commonly reported in the financiial media. But what are they? Let's find out!
We often see both of these phrases in the financial press, so let's figure out what they are!
We often hear talk about Leveraged Buy Outs, or LBOs. So let's make sure we know what they are!
We see depreciation often in the financial press, so let's make sure we know what it is!
If you read the financial press often you might see reference to The Buffett Indicator -- so what is it?
You've likely heard of Asset Backed Securities, or ABS'. But what are they?
Let's find out!
if you invest in the markets you'll hear the phrase stock certificate, so let's find out what it means!
The phrase certificate of deposit is a commonly used phrase, so let's find out what it is!
Sometimes in finance we'll hear about real interest rates, or the real rate of interest.
WHat's do these terms mean?
Sometines we'll read about mortgage backed securities, so let's figure out what they are!
When investing there are two types of fund you'll often hear about, Open End and Closed End.
Let's find out what Open Ended means!
When investing there are two types of fund you'll often hear about, Closed End and Open End.
Let's find out what Closed End means!
Financial regulation is important. Often we hear about KYC and KYCB.
So let's find out what this means!
Ok, derivatives like futures and fowards sound mysterious.
So let's find out what they are!
We often hear talk about instruments known as junk bonds.
What are they and why do people buy them?
let's find out!
Sometimes market participarnts talk about the yield curve.
So let's find out what it is!
Sometimes we'll hear talk about "ratings agencies". But what are they and what do they do?
Let's find out!
When analysing stocks you might have run across the phrase dividend cover.
Let's talk about it!
CAPEX is a phrae you'll often hear in the financial news.
So let's find out what it is!
We often read or hear about Credit Derviatives, a very new and important part of finance.
Let's find out what they're all about!
What discussing the valuation of stocks we sometimes refer to the dividend discount model.
Let's find out what it is!
When we discuss how to value risky assets such as shares, you'll often hear talk about the risk premium.
Let's find out what it is!
You'll often hear news about REITs, so its important to know what they are.
Let's find out!
You may have heard the expressions captail gains or capital losses. But do you know exactly what they mean?
Let's find out!
Sometimes we'lll hear the phrase "growth stock", but what does it mean?
Let's find out!
If you're involved in the markets you'll hear the phrases "trade date" and "settlement date". What do they mean?
Let's find out!
We hear a lot in the media about "being short' or "short sales", but what does it mean?
Let's find out!
Sometimes you'll hear exchanges mentioned. Its important to fully understand what an excahnge is and what role it plays.
Let's find out!
There are two possible ways we can analyse a stock and make a buy / no buy decisioni. In this episode we briefly look at Fundamental Analysis.
Let's find out what it is!
Sometimes called Charting, Technical Analysis has a long and rich history.
Let's find out more about it!
When discussing the valuation of shares we sometimes talk about a free cash flow to equity model.
Let's find out what it is!
We ofen hear investors talking about diversification.
Let's take a look and make sure we understand what it means!
We often hear of "buy and hold" investors, but do you really know what they are up to?
Let's find out!
Sometimes we hear the phrase passive investing, but do we really know what it meas?
Let's find out!
Sometimes we see funds toutig active mangement, but do we understand what it means?
Let's find out!
When investing and structing a portfolio its important we note Concentratø Risk, but whats it all about?
Let's find out!
In finance we often hear the phrase "credit risk", but do we really understand what it means?
Let's find out!
We often talk about risk, but do we really understand what risk in finance means?
Let's find out!
Return is a phrase you'll often hear about in Finance, but do we really know what it is?
Let's find out!
In our global economy understanding the Foreign Exchange, or FX market is a must.
So let's find out what it is!
We often hear about the Fixed Income, but do we really know what it means?
Let's find out!
In finance we often talk about stock market indexes, or indices, but what are they?
Let's find out!
In finance we often talk about the risk free rate, but are we sure we know what it means?
Let's find out!
Did you know that stock may be issued in varlous classes, for example common or preferred? What does it mean to own preferred stock?
Let's find out!
In finance we often talk about spread. Sounds mysterious, what does it mean?
Let's find out!
Finance recognises the money has an inherent relationship with time. We call this the time value of money, but what does it mean?
Let's find out!
We often hear talk about IPOs, or initial public offerings, but what are they?
Let's find out!
You'll sometimes hear maturity mentioned when we're discussing fixed income -- what's it mean?
Let's find out!
We've all heard of portfolios, but what are they in the context of finance?
Let's find out!
You often hear talk about different appraches to investing, one of which is top down. What's it mean?
Let's find out!
What's the difference between return and total return? Its a big difference and important you know.
Let's figure it out!
Derivatives are these mysterious and allegedly dangerous financial instruments behind all sorts of crisis' and crashes. But what are they?
Let's find out!
There are several different types of stock available. What is common stock and should you own it?
Let's find out!
Commodities are a very important asset class in finance. But do you know what they are?
Let's find out!
Many investors follow an approach known as bottom up when selecting assets, but what does it mean?
Let's find out!
You'll often hear talk abiout bills, note or bonds. Do you really know what they are? Let's talk about this a little.
Another phrase that is often casually tossed about is "asset". Do you really know what an asset is -- from the finance perspective, that is?
Let's figure it out!!
In finance there are many strange and unusual instruments. One group in particular, options, are especially interesting. Lets see what they are!
Everyone "knows" what the stock market is, but do they really?
We define the stock market and briefly discuss why stock markets exist.
You'll often hear talk about "money markets". This episode briefly defines money markets, and gives you an idea about what instruments are traded there.
Hey there! My name is Dave Coker
and I am not only a bona fide member of what we call Global Wall Street I’m also a Fintech Pioneer I started working in the field for Dow Jones in Manhattan back in 1987.