VIDEOS

The classic business structure, where a company aims to maximize its profits for their shareholders, is under fire. Entrepreneurs are increasingly opting for alternative business structures, where shareholders play a different role, and short-term thinking is a thing of the past. Can they bring out the best in people while maintaining profits? Are there alternatives to the shareholder driven company? A growing group of entrepreneurs is experimenting with new models that benefit society beyond the short-term. They believe that companies should make a positive contribution to society and the planet. The company's social and sustainable mission should be central, not maximum economic gain. In this episode, we look to the future of entrepreneurship.

A little dated now, this documentary still packs a formidable punch. It looks at the lives of three traders in New York, London and Hong Kong. It’s a real insight into life on the trading floor. The documentary gets its name because over a billion dollars is traded within 24 hours on the financial markets. It’s a phenomenal feat, and this trading documentary pulls no punches in showing the stress and the anxiety the traders go through in just 24 hours. People in currency trading view this as being one of the best trading documentaries ever.

Floored is a gripping documentary that takes you inside the high-stakes world of the Chicago trading floors, where fortunes are made and lost in seconds. Meet the traders who gamble with their money, their health, and their sanity every day, as they face the threat of extinction from computerized trading. Witness their drama, their humor, and their tragedy, as they adapt to a changing industry and a changing world. Floored is a rare glimpse into a hidden realm of finance, where human emotions clash with cold logic, and where risk is the ultimate addiction. The film features interviews with veteran traders, who share their stories, their secrets, and their opinions on the evolution of their profession. Some are still active in the pits, while others have retired or switched careers. Some embrace the new technology, while others resist it or find a niche. Some are successful, while others are bankrupt or in debt. Some are happy, while others are depressed or addicted. The film also shows scenes from the trading floors, where hundreds of traders shout, gesture, and compete for the best deals. The film captures the intensity, the excitement, and the stress of this environment, where every decision can make or break a trader. Floored is a fascinating and honest look behind the curtain of the trading floor that few have ever seen. It reveals the human side of a business that is often portrayed as impersonal and ruthless. It shows the passion, the skill, and the courage of these traders, as well as their flaws, their mistakes, and their regrets. It shows how they cope with the challenges and changes of their industry, and how they balance their work and their personal lives. It shows how they deal with success and failure, with hope and despair, with greed and fear. It shows how they live on the edge, and how they are floored by it.

Senior editor Ash Bennington hosts managing editor Ed Harrison to discuss a day of pain on Wall Street as the coronavirus shows no signs of relenting and the normally cautious Federal Reserve issued an alarming mandate to large-cap banks. Ed and Ash also flesh out their thinking on a potential "double-dip recession" and a second wave of coronavirus. In the intro, Jack Farley looks at COVID-19 data and analyzes the dire results from the Fed's "stress test" of the banking sector.

What happens when an upheaval so massive forces financial markets, governments, and society to rethink how our systems work? Michael Krieger, author of the Liberty Blitzkrieg, joins Real Vision to explain what coronavirus and the response to the outbreak has revealed about the condition of American systems – from financial markets to the health care system. Tracing the story of financial markets and societal trends over the past two decades, Krieger outlines how our systems have been pushed to the brink – focusing on emergency policy responses and the everything bubble. He also provides viewers with potential solutions to the systemic decay that has been brought to the forefront by the coronavirus outbreak.

Steve Greenhut, Western region director at R Street Institute and author of "Plunder: How Public Employee Unions are Raiding Treasuries, Controlling Our Lives and Bankrupting the Nation," joins Mike Green of Logica Capital Advisers to discuss his coverage of the political paralysis that surrounds the issue of pensions in California. He guides Mike on a deep-dive into the gargantuan public employee compensation complex and how that complex bleeds into every other aspect of California government spending. He argues that public employees have forced state and local governments into a corner wherein they cannot maintain their obligations because of the massive burden of pension disbursements and employee compensation. Due to a lack of transparency, pension assumptions based on guesswork, and legal precedent overturning democratic decisions, Greenhut says that the perfect storm that will surely "surprise" Californian politicians has been plain to see for longer than a decade. Filmed on February 6, 2020 in Sacramento, California.

Steve Greenhut, Western region director at R Street Institute and author of "Plunder: How Public Employee Unions are Raiding Treasuries, Controlling Our Lives and Bankrupting the Nation," joins Mike Green of Logica Capital Advisers to discuss his coverage of the political paralysis that surrounds the issue of pensions in California. He guides Mike on a deep-dive into the gargantuan public employee compensation complex and how that complex bleeds into every other aspect of California government spending. He argues that public employees have forced state and local governments into a corner wherein they cannot maintain their obligations because of the massive burden of pension disbursements and employee compensation. Due to a lack of transparency, pension assumptions based on guesswork, and legal precedent overturning democratic decisions, Greenhut says that the perfect storm that will surely "surprise" Californian politicians has been plain to see for longer than a decade. Filmed on February 6, 2020 in Sacramento, California.

With 5 days to go before The Crypto Gathering kicks off at 10.00am ET on June 29, we’re taking you backstage… Raoul Pal and Ash Bennington are your hosts – They’ll be sharing details on the event, stories from behind the scenes, and answering some of your questions.

Real Vision CEO Raoul Pal joins senior editor Ash Bennington to reflect on a week of muted volatility amid a "quadruple witching" and unprecedented interventions from the world's major central banks. Raoul and Ash analyze the ECB's recent meeting around fiscal policy, and whether the Bank of Japan (BOJ), European Central Bank (ECB), and Bank of England (BOE) will follow the Fed and go into "hyperdrive," as Raoul puts it. The pair also discusses Apple's decision to close stores in the U.S. as the coronavirus continues to spread. Lastly, the pair looks forward to the upcoming "Crypto Gathering" on Real Vision. In the intro, Jack Farley discusses the recent Wirecard scandal and gives an overview of new action in the burgeoning corporate debt market.

Raoul Pal and Bill Tai end their discussion by talking about Libra and the central banks. They also go into discussing Shopify and their own currency system. Tai believes that oil is on the decline with regards to importance and makes a great analogy about the importance of electricity and oil. They end by discussing how lower friction leads to lower cost and makes doing business worldwide easier.

Raoul Pal and Bill Tai are back, this time discussing investing in Bitcoin. Tai goes into the evolution of Silicon Valley over time. He says in the early days of Silicon Valley, it was all about miniaturization, but now the world is affected by technology everywhere. He discusses how a book had a profound impact on his life, and the thinking behind economies. Tai is a big proponent that people live two lives: digital and real. He says that Bitcoin first caught his attention by being a “peer to peer” technology. Tai then goes into the evolution of Bitcoin mining, and how he and his peers helped to fund one of the world’s largest Bitcoin mining organizations. They conclude by discussing the Byzantine general’s problem.

Real Vision CEO and founder Raoul Pal is with venture capitalist Bill Tai, discussing what excites them for the future. Tai says that data is very exciting to him. He says that there were multiple waves of digitization, that even led to the internet. He says digitization has left its mark all the way from places like Walmart to Uber. He says even humans have been digitalized. They discuss the “Zoom Revolution.” He believes that humanity is returning to where it once was thousands of years ago, with most content being free. He believes all goods will need to be tracked and identified at all ties, and we’re just at the start. Tai ends on discussing blockchain and asset tracking.

Venture capitalist, Bill Tai, has been at the intersection of venture capitalism and innovation since the early days of Silicon Valley before the orchards were replaced with technology company corporate headquarters. He joins Real Vision’s Raoul Pal to provide his uniquely qualified perspective, having experience on both the technology development and financing sides of Silicon Valley. Tai and Pal discuss data science, Tai’s explanation of the “waves of innovation,” and where Tai sees the next wave of innovation currently developing. Tai also talks about his early investment in Bitcoin, his view of digital assets separate from Bitcoin including CryptoKitties, digital currencies like Libra, and what he calls “the Electrodollar.” Filmed on May 27, 2020.

Dan Rasmussen, founder and CIO of Verdad Advisors is with Greg Obenshain, Verdad Advisors director of credit. They begin by talking about credit markets, and the “fools yield.” Obenshain believes over the last 12 months, the best you could do was a 4% return. Bonds that are trading as riskier have lower returns, and they end on the double b to single b split.

Dan Rasmussen and Greg Obenshain go back to the beginning and talk about investment opportunities right now. Obenshain still says he is watching the high yield market He believes that is not a hard investment to get. He says this is a very difficult market to predict, and we have no idea what is going to happen. They discuss people’s apprehension in buying into the market right now due to current world conditions. They conclude by talking about income portfolios and the possibility behind them.