Famous Finance Figures
Who is Warren Buffett?
"This Martin Scorsese-helmed biopic chronicles the rise and fall of a famous stock scammer, Jordan Belfort. It features excellent performances by Leonardo DiCaprio and Jonah Hill."
What is "The Wolf of Wall Street?"
Began on "Black Monday, Oct. 28, 1929, when the Dow Jones Industrial Average (DJIA) plunged nearly 13% in heavy trading. While panic selling occurred in the first week, the greatest decline occurred in the following two years as the Great Depression emerged.
What is the Stock Market Crash of 1929?
(Return of the portfolio - Risk-free return)/Standard Deviation of the portfolio
What is the Sharpe Ratio?
Who is Michael Bloomberg?
"Every day people flip the script on Wall Street and get rich by turning GameStop into one of the world's hottest companies. In the middle of everything is Keith Gill, a regular guy who starts it all by sinking his life savings into the stock. When his social media posts start blowing up, so does his life and the lives of everyone following him. As a stock tip becomes a movement, everyone gets wealthy -- until the billionaires fight back and both sides find their worlds turned upside down."
What is "Dumb Money?"
A rapid rise in U.S. technology stock equity valuations fueled by investments in Internet-based companies in the late 1990s. The value of equity markets grew exponentially, with the Nasdaq rising from under 1,000 to more than 5,000 between 1995 and 2000.
What is the dotcom bubble?
(Current assets-inventory)/current liabilities
What is the Quick Ratio?
A key figure who has significantly influenced Wall Street's reputation for greed and ruthlessness. In 1999, he pleaded guilty to multiple crimes related to stock market manipulation and running a long-term scam involving penny stocks. Since then, he has leveraged his Wall Street experiences to become a prominent speaker and author. He penned two memoirs, "The Wolf of Wall Street"—which inspired a major Hollywood film—and "Way of the Wolf."
Who is Jordan Belfort?
"Based on the nonfiction book by Michael Lewis, this movie follows a few savvy traders as they become aware—before anyone else—of the housing bubble that triggered the financial crisis in 2007-2008."
What is "The Big Short?"
The sharp decline in economic activity that started in 2007 and lasted several years, spilling into global economies. It is considered the most significant downturn since the Great Depression in the 1930s.
The economic slump began when the U.S. housing market went from boom to bust, and large amounts of mortgage-backed securities (MBS) and derivatives plummeted in value.
What was the 2008 Great Recession?
Cost of Goods Sold/Inventory
Inventory Turnover
Born Jan. 31, 1734, Liverpool, Merseyside, Eng. was an American merchant and banker who came to be known as the financier of the American Revolution (1775–83).
Who is Robert Morris?
Daily Double!!!!!
"Based on the best-selling book of the same title, the film relies on a trove of video footage, congressional hearings testimony, and interviews with executive Mike Muckleroy and whistle-blower Sherron Watkins, to argue that the company, far from being a stellar energy corporation that lost its way, was actually a con game almost from the beginning."
What is "Enron: The Smartest Guys in the Room?"
"The stock market crash that occurred on October 19, 1987. On that day, the Dow Jones Industrial Average (DJIA) experienced the largest one-day percentage drop in its history. The DJIA fell by 22.6% or 508 points, and other stock market indices worldwide also experienced substantial declines."
What is Black Monday?
(Net profit/Pretax profit)*(Pretax profit/EBIT)*(EBIT/Sales)*(Sales/Assets)*(Assets/Equity)
What is ROE?
Born April 17, 1837, Hartford, Connecticut, U.S. He was an American financier and industrial organizer, one of the world’s foremost financial figures during the two pre-World War I decades. He reorganized several major railroads and financed industrial consolidations that formed the United States Steel, International Harvester, and General Electric corporations.
Who is J.P. Morgan?
"This movie tells the true story of Nick Leeson, a trader who single-handedly caused the insolvency of Barings Bank, the world’s second-oldest merchant bank. A rising star on the Singapore trading floor, Leeson blew up as quickly as he rose, covering enormous losses from his superiors in carefully hidden accounts. His actions eventually lead to the mother of all failed trades with a short straddle position on the Nikkei, which ends up experiencing a large sigma move."
What is "Rogue Trader?"
This event infected the global economy and financial markets. Originating in China and spreading globally, this event led to widespread disruptions in economic activity as governments implemented measures such as lockdowns and travel restrictions to contain the spread.
What is the 2020 COVID-19 Pandemic?
C=SN(d1)−Ke-rtN(d2)
where:d1= (ln(S/K)+(r+(σ2v/2)t)/σsroot t
and d2=d1−σs root t
where:
C=Call option price
S=Current stock (or other underlying) price
K=Strike price
r=Risk-free interest rate
t=Time to maturity
N=A normal distribution
What is Black-Scholes?