Part 6

What About Derivatives? Where Do They Fit Into All Of This?

“The world of derivatives is full of holes that very few people are really aware of. It’s like hydrogen and oxygen sitting on the corner waiting for a little flame.”

Charlie Munger
If all this weren't complicated enough, there are an entire group of assets whose value is derived from the underlying value of other assets. This larger umbrella category of derivatives encompasses many different types of contracts like options, futures, forwards, swaps, and credit derivatives. These instrum...

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Financial Instruments! How to use them and what are they for!
8 Lessons
~22 mins in total
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