How does the stock market work? — Transcript
Full transcript
- 0:00This is Bob. Bob is broke. He eats bread
- 0:04sandwiches. That's bread between bread.
- 0:08Yeah, it's bad. But his friend Jerry
- 0:11Jerry sells burgers. Business is
- 0:13popping. So Bob gives Jerry 10 bucks to
- 0:16own a tiny piece of his burger stand.
- 0:19Jerry uses the money to buy a better
- 0:20grill. Now he's selling more burgers,
- 0:23making more money. And Bob's tiny piece,
- 0:25it's now worth a lot more. Someone
- 0:27offers Bob 50 bucks for that piece. Bob
- 0:30says, "Hell yes, he just made $40 doing
- 0:33nothing." That's basically the stock
- 0:36market, but then Jerry drops a burger on
- 0:38a baby. Chaos. People panic. They start
- 0:41selling.
- 0:43Bob tries to sell too, but now it's
- 0:46worth like two bucks. Bob is back with
- 0:48his sad sandwich. The stock market goes
- 0:51up, down, sideways, and sometimes it
- 0:54just
- 0:55it just just screams. It's based on
- 0:58hype, fear, and burgers. Apparently, the
- 1:01secret? Buy low, sell high, or just cry.
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