Capital structure explained

In stories about the auto companies and the banks, we've been hearing a lot about debt-to-equity swaps, and exchanging preferred shares for common stock. To get how those swaps work, you first need to understand a company's capital structure. Paddy Hirsch explains. #MarketplaceAPM #CreditSwaps #EconomicExplainers
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Пікірлер: 144

  • @Buzzbeat-ie3xl
    @Buzzbeat-ie3xl2 жыл бұрын

    This was so good it was almost poetic. Those who know a concept are a dime a dozen, but finding someone who can actually teach that concept this effectively is very rare.

  • @dave9343

    @dave9343

    2 жыл бұрын

    Excellent impartation indeed.

  • @elpresidio
    @elpresidio15 жыл бұрын

    Goodness, Paddy taught me in a matter of 6 minutes and 43 seconds what would take perhaps a whole class period to teach this concept. Oh he's good!

  • @didier566
    @didier5666 жыл бұрын

    Love how he ends this video with the same sentence! " Everybody, needing a drink". Makes finance looks so easy.

  • @rockycomet4587

    @rockycomet4587

    3 жыл бұрын

    Dude, I'm getting drunk after every single video. His voice has me popping the cork off of the bottle time after time, without fail. Instead of learning finance, I'm watching pink elephants float through my field of vision.

  • @xX3laal9amtXx
    @xX3laal9amtXx3 жыл бұрын

    Wow, I’m speechless, about how perfect you delivered and taught this lesson

  • @chrisa.9977

    @chrisa.9977

    2 жыл бұрын

    Couldn’t agree more.

  • @tat99iana
    @tat99iana10 жыл бұрын

    this was great!!!! I love how youtube can teach me everything !

  • @Shaniloka369
    @Shaniloka3697 жыл бұрын

    I never seen so much positive feedback for this guy in all his videos. He does have great teaching skill. Thanks

  • @cwech1
    @cwech113 жыл бұрын

    This is really good. I posted your video on my blog site a couple of days ago. I think that someone just barely above the basic level can watch your video and understand the repayment sequence. You also do a great job of explaining WHY a company would swap debt for equity and why an investor might be willing, too. Thank you.

  • @dalyamohamed7108
    @dalyamohamed71089 жыл бұрын

    these examples u give like the plane tend to stick in my mind longer then the usual lectures they give in classes. thank u

  • @pleasecaparzo
    @pleasecaparzo3 жыл бұрын

    Oh man, nothing could've been more accurate to explain it than this analogy

  • @MrcValentino
    @MrcValentino13 жыл бұрын

    Its a shame only a few thousand people have saw this. This is great information

  • @FrankKnopers
    @FrankKnopers15 жыл бұрын

    Those three years of economics class made you understand these videos. Watching these videos is a good way to go deeper into the theory. Things you learn at school are essential, but not always as exciting as these videos from marketplacevideos :P

  • @StepintoSalsa
    @StepintoSalsa14 жыл бұрын

    Thank you for the clear and easy-to-understand explanation. Very well done.

  • @benaiahw2898
    @benaiahw289811 ай бұрын

    Clear, concise, kept my interest and I learned the topic. Thank you sir.

  • @kevinsolieff9686
    @kevinsolieff96862 жыл бұрын

    GOODNESS, I COULD NOT UNDERSTAND THIS THEORY IN THE CLASS, SHEESH I HAVE UNDERSTOOD IT WITHIN 6 MINUTES

  • @manas100
    @manas1007 жыл бұрын

    amazing!! you explain concepts in a way which stick forever.

  • @GrahamJenson
    @GrahamJenson15 жыл бұрын

    Keep up the good videos. I like this format for learning about something that I know nothing about!

  • @SimplyJPaul
    @SimplyJPaul10 ай бұрын

    As a visual learner, makes so much more sense

  • @Mephistus1
    @Mephistus14 жыл бұрын

    You have a great gift explaining finance. 👍

  • @donienanlohy8674
    @donienanlohy86745 жыл бұрын

    Thank you so much for Great Explanations and so easy to understand it..

  • @gennyjovellanos2531
    @gennyjovellanos25319 жыл бұрын

    amazing explanation. THANK YOU!

  • @shahabkhan065
    @shahabkhan06512 жыл бұрын

    Thank u sir . . . I really like your style and methodology of teaching and also thanks for clearing my doubts about capital structure

  • @theamandizchannel
    @theamandizchannel6 жыл бұрын

    that was amaaaazingggg!!! thank you!!! subscribed!!!

  • @kebolamada9628
    @kebolamada96285 жыл бұрын

    What an absolute explanation!

  • @coreyk123
    @coreyk12315 жыл бұрын

    1. Im interested in finance/economics 2. Stumbled upon it by looking up other financial videos on youtube 3. easy to understand and short 4. i only use youtube so far

  • @akhilgajera7163
    @akhilgajera71632 жыл бұрын

    That was so helpful, THANK YOU SO MUCH!!

  • @rendallharper633
    @rendallharper63310 жыл бұрын

    great job straight to the point!

  • @abcde7172
    @abcde7172 Жыл бұрын

    You hit a mic-drop moment while holding a marker pen! Great teaching!

  • @Overcomer24
    @Overcomer245 ай бұрын

    Wow, that was a great demo!!

  • @101publicenemy
    @101publicenemy5 жыл бұрын

    absolutely ingenious analogy! great!

  • @danpleful
    @danpleful12 жыл бұрын

    Thanks a lot! Really clear and helpful

  • @williamhwangable
    @williamhwangable8 жыл бұрын

    The airplane is a great analogy. Again, great explanation!

  • @star5guy
    @star5guy14 жыл бұрын

    He is simply great...Kudos to a talent like this... You rock sir....God bless you

  • @marland1984
    @marland198415 жыл бұрын

    hey thank you for these video's, they are very usefull!

  • @CA95814
    @CA9581413 жыл бұрын

    Wonderful videos!! great way to learn about the market.

  • @laurareilly6347
    @laurareilly63476 ай бұрын

    Brilliant analogy!

  • @BlakeC341
    @BlakeC3412 жыл бұрын

    Perfect analogy.

  • @staarskyandhutch
    @staarskyandhutch13 жыл бұрын

    Very, very good explanation. Awesome in fact. Thank you.

  • @rajeshkn1
    @rajeshkn113 жыл бұрын

    Well explained. Easy to follow. Thanks

  • @ilgnihc
    @ilgnihc8 жыл бұрын

    wowwww such good illustration!!! 6mins seem so short with his explanation, too interesting

  • @bisiosho3540
    @bisiosho35406 жыл бұрын

    Thank you thank you thank you. This is one of the best explanation for this, I understand this concept very easily as explained. And the sass is well deserved.

  • @kealtusad

    @kealtusad

    3 жыл бұрын

    Спасибо

  • @dave9343
    @dave93432 жыл бұрын

    Excellent analogy and explanation!!

  • @muhammadkumailhaider5553
    @muhammadkumailhaider555312 жыл бұрын

    Its an epic explanation. Really a brilliant piece of information. Especially the last three minutes help me solve my assignment Thanks Pro if you see my comment

  • @venelinabozheva4314
    @venelinabozheva43145 жыл бұрын

    thank you so much for this video !

  • @bethaniestar1
    @bethaniestar14 жыл бұрын

    Great analogy thanks

  • @houdapurple
    @houdapurple12 жыл бұрын

    great stuff ! nicely explained

  • @robinmatch
    @robinmatch12 жыл бұрын

    Great video. After a couple of minutes I got used to British pronunciation and was able to concentrate on information. Will wait for new videos!

  • @Tizonwar8
    @Tizonwar812 жыл бұрын

    bloody awesome explanation

  • @abhinavitsmebellamy
    @abhinavitsmebellamy4 жыл бұрын

    Thank you, Sensei!!

  • @pcab
    @pcab15 жыл бұрын

    Awesome videos! Please keep it up!

  • @hudaabdullah4077
    @hudaabdullah40772 жыл бұрын

    Thanks, it was really helpful and clarify things easily

  • @Hlloii
    @Hlloii7 жыл бұрын

    Thank you this is so helpful

  • @amymullen7189
    @amymullen71897 жыл бұрын

    Excellently put

  • @getha24
    @getha2410 жыл бұрын

    thank you for such a excellent explanations..

  • @christinenamatovuchristine3047

    @christinenamatovuchristine3047

    4 жыл бұрын

    You a great.....thank sir

  • @mehdiabbas7180
    @mehdiabbas71807 ай бұрын

    Well explained in a easiest way...

  • @chan625
    @chan62513 жыл бұрын

    Awesome analogy!

  • @SoFallsWichitaFalls
    @SoFallsWichitaFalls13 жыл бұрын

    Brilliant!

  • @ZealousMystique
    @ZealousMystique10 жыл бұрын

    Excellent explanation.

  • @alexandreghoussoub7448
    @alexandreghoussoub7448 Жыл бұрын

    amazing explanation

  • @abdirahmanabdikani9876
    @abdirahmanabdikani98765 жыл бұрын

    Helpful explanation thanks

  • @sakshamsingh4056
    @sakshamsingh40563 жыл бұрын

    Awesome explanation thank you so much sir

  • @ngoniwellymugombi7090
    @ngoniwellymugombi70908 жыл бұрын

    thts a good illustration

  • @000hariviv
    @000hariviv2 жыл бұрын

    Maestro!

  • @rraj7491
    @rraj749110 жыл бұрын

    Nice explanation APM! Keep it up :)

  • @hsiewayn
    @hsiewayn15 жыл бұрын

    nice video!

  • @1000ralphw
    @1000ralphw5 жыл бұрын

    Excellent

  • @india2.553
    @india2.5533 жыл бұрын

    thanks sir good work sir

  • @patriots1947
    @patriots194713 жыл бұрын

    very good example coded nicely explained thanks

  • @gourishankar9549
    @gourishankar954912 жыл бұрын

    it's awsome.... if you have this type of video related with finance plz upload...........

  • @ahsanullahbarakzai5738
    @ahsanullahbarakzai57386 жыл бұрын

    wow great method of teaching long life dear teacher

  • @treepeenbawlz1934
    @treepeenbawlz19345 жыл бұрын

    Looking stunning as always, Paddy

  • @Ascendancy9
    @Ascendancy914 жыл бұрын

    Can you please do something on junk bonds? I'm loving your videos!

  • @guan4197
    @guan41972 жыл бұрын

    this video helped me a lot. I hope you can add the english subtitle so we can fully understand . thank you

  • @sunheeheesun7050
    @sunheeheesun70503 жыл бұрын

    wow, your analogy. 😯

  • @Connie2216
    @Connie22169 жыл бұрын

    thanks sir

  • @johnaugsburger6192
    @johnaugsburger61924 жыл бұрын

    Thanks

  • @matrix1951
    @matrix195115 жыл бұрын

    thanks !

  • @aleventorele5758
    @aleventorele575810 жыл бұрын

    brilliant explanation

  • @rajrathi3701
    @rajrathi370110 жыл бұрын

    grt lecture sir..sir is thr is any of ur video on carrot and stick bond or clip and strip bond..

  • @emmanuelgarzon3666
    @emmanuelgarzon366611 ай бұрын

    oustanding analogy

  • @HOMEFOODMANIACS
    @HOMEFOODMANIACS3 жыл бұрын

    6:26 hahah,confidence that he rocked the lecture

  • @jimitgosalia
    @jimitgosalia14 жыл бұрын

    hey paddy does this work like the equity swaps as explained on wiki? as in does the bond holders behave like the 'A' in the wiki example

  • @solanki16
    @solanki1612 жыл бұрын

    thanks

  • @kdentertainment9577
    @kdentertainment95777 жыл бұрын

    I LIKE IT

  • @jamesbaseman7297
    @jamesbaseman72976 жыл бұрын

    nice comparison

  • @MultiBAFS
    @MultiBAFS11 жыл бұрын

    thats good man really get it well now these ur tutorial is a legacy hahaa thanks by the way

  • @cmannel3681
    @cmannel36813 жыл бұрын

    love from nepal sir

  • @fahadkhan-cj9mq
    @fahadkhan-cj9mq11 жыл бұрын

    What about the difference b/w common and preferred share?? Are preference shares part of equity or debt?? Can we include preference shares in equity on balance sheet??

  • @siroseoane6342
    @siroseoane63422 жыл бұрын

    What is the difference between First Class (loans) and Business (Bonds) in your analogy. Bonds are a type of loan

  • @davidalen9279
    @davidalen92795 жыл бұрын

    super

  • @zaidswalaha1758
    @zaidswalaha1758 Жыл бұрын

    the goat

  • @nathansturgess6809
    @nathansturgess68099 жыл бұрын

    Kick ass explanation

  • @DrumApe
    @DrumApe6 жыл бұрын

    Very curious what's your stance on crypto currencies?

  • @asquare10
    @asquare1011 жыл бұрын

    above all, I understood why there is first class and so on in the airplane.

  • @histoirevisuelle
    @histoirevisuelle13 жыл бұрын

    This video just confirmed my theory on the dislikes button; 1 is the default number. Capital structure was once complex, its now simple, thank you.

  • @ntcuong01ct1
    @ntcuong01ct13 жыл бұрын

    Dear friends, I have a question: Could you explain the relationship between Capital structure and company value?. Thanks.

  • @xSpecter87x
    @xSpecter87x11 жыл бұрын

    The theme I'm starting to gather from these videos is that business men always "need a drink".

  • @aishmitkhurana2263
    @aishmitkhurana22635 жыл бұрын

    is there ever a benefit to having a larger leverage ratio? as in more debt, less equity

  • @toobaisrar3339

    @toobaisrar3339

    4 жыл бұрын

    I have recently heard that having more debt could be a positive signal for investors as they may perceive the company is so well off financially that it preferred having a high-interest loan, rather than stock. So an investor would consider the firm high-value (as per signalling theory).

  • @kvkasus
    @kvkasus6 жыл бұрын

    Can the guys who converted their Bonds and Preferred Equity to common equity convert back to their respective asset classes once the company is back on track ? Thanks you.

  • @asabadsab9160

    @asabadsab9160

    5 жыл бұрын

    No they can't

  • @EuphoriaChels
    @EuphoriaChels3 жыл бұрын

    can i switch my professor to this guy

  • @kelliekarimi660
    @kelliekarimi6603 жыл бұрын

    please come take over the role of my corporate finance professor