Hello @jayhoovy, I have been watching your channels for a while now and I enjoy every clip of it. Can you upload the excel that you use for the making of this video please, thank you!
Whilst I can not tell you whether it’s better than education from Harvard/Stanford, this is by far the best video I’ve watched on finance and thank you sir
@@timothylasmithjr7571nah trust micro doesn’t talk about some of these things in depth but financial basics class does he explains everything surface level but for 30 minutes it’s so good
I’m going to university currently and am having a very hard time understanding how I could get the same education for free on RUclips (pretty interesting)
@@shantboyadjian2688why are you having a hard time understanding that tho? There are plenty of people who are willing to teach valuable lessons and skills for free on youtube. The difference between someone saying “I learned from youtube” and someone who’s done case studies, competitions, pitches , and standard tests tho is pretty evident. It’s never enough to just say you learned this from X
Search more, everything they teach at uni is available free online. You'd do better if you treat university for Social Connections and Wisdom, rather than information. Information is everywhere, those things you can't find easily @@shantboyadjian2688
Really...? Then you might consider switching careers because this stuff is basically a few investopedia articles summarized and advertised as goldman sachs secrets lmfao
Love it when someone can explain something so concisely and thoroughly, whatever it may be. A lot of people "explaining" something on RUclips are more focused on stroking their own ego -- or hiding the fact that they know little. You are a wonderful teacher.
@@pierreclifton1865 I am not a bot lol. The truth is that I just had the awful luck of the writing style I developed over the years sounding a lot like what LLMs come up with nowadays. Something I will have to work on!
I have been in finance and accounting for decades, and yet, this is one of the most brilliant, captivating, and lucid encapsulations of the immense value of understanding finance. Thank you.
The fact that university professors use 4 hours a week to explain what a RUclips video does in 34 minutes because “youtube pushes longer videos” is wild. Great job explaining.
I hereby classify this video as a gem. Its rare, but sometimes on RUclips you can find super valuable videos that are legendary in their insights. This is one of them. Instant fan.
I'm a law student in the UK, tryna break into commercial law, this dude gave me a better overview of a lot of finance than any fucking professor on this app. Gs up. You a boss. Keep these coming.
u just summarized and taught me my entire financial management course in uni in 30 minutes...when I still couldn't comprehend what my professor was talking about in 10 weeks...wow!
John, I have watched hundreds of RUclips channels and you are one of the best. You have a generous and genuine attitude to share knowledge. I really admire that. I will meet you some day. Greetings from Bangalore, India.
Been here since the Stanford video when I was craving for self-development content lol Crazy how helpful your videos are for the little recognition you get when posting them. There's no " buy my formation" type of stuff, but pure gold content for free. You build your personal brand by doing so! But also help us launch our career! You're the G.O.A.T jay 💛
Brilliant presentation. ...And by incorporating the financial modeling concepts to boot, this is among the most valuable 1/2-hour on the internet. Just great stuff -- and can we all give some props for tight editing? Bravo!
Straddling corporations with debt through whatever means (IPO, m&as, direct lending, etc) is of little to no relevance for laypersons struggling with student loans and credit card debt. It's equivalent to someone having a cheat sheet for peasants in 11th century Europe to become powerful land owners/knights. It's non sense.
Hey Jay, im Tyler from germany. I’m currently 17 years old, applying for college and I really love your content. Around three months ago I didn’t know what I wanted to do, I just felt like I wanted to be behind the scenes. Today with the help of your great videos I not only know that I will peruse a career in IB as I really love advising while basing myself on numbers, I also have a good overview on what an Investment Banker does and the opportunities one has to work in finance. So a big THANK YOU to you for helping me in my journey of finding the right thing for me. I hope you’ll continue this Chanel and go onto helping millions around the world. Maybe one day we can meet and I can try giving back to you, at least some of the help you provided me with! Best wishes from Germany and a big Thank you!❤
Make sure you do not study Economics, Business, Accounting, Investments... Theoretical non-sense. You learn more by You-Tube and Paper trading. And as several people have suggested: do the sciences, like a discipline of engineering at University. IB's like non-business students, more interesting.. why? you will be communicating alot - the knowledge of business is regurgitated often at work and during your training - and you have access to analysts and economics which makes up for your shortfall - so you'll pick it up but you won't be an interesting person if you spoke about it all day and especially to clients. Be different to stand out!
Brilliantly done!! Learned more about building a financial model watching this video than through any other RUclips videos I’ve found on the same subject. Love love love how much you simplified the explanation. Can’t wait to see what you make next!
Great video. I like how you are very energetic about explaining what the inside knowledge of Goldman Sach and the big players do behind the scene where the average person doesn't see or know. I'm learning a lot more about what the Ivy league universities teaches without attending it. Keep up the good works.
Hey just wanted to say thank you for making this video. You've shown up on my feed before and your prior content didn't really resonate with me, but this video was immensely useful to me as someone without a finance background that is really interested in the space. Best wishes, and I'd love to see more.
I have a degree in Medical Genetics but I’m pursuing a career in asset tokenisation in crypto. I have no economics or finance background but this video was sent from God! Thank you!
Let me help you out. All tokenomics beyond bitcoin's fair launch are designed for the insiders, VCs & early investors to profit at the expense of later investors. Yes, all of them. There may only be 1 or 2 (or zero) tokens that actually find a use case (other than bitcoin) and you have 20,000+ of them to sort thru. Much easier road to travel with risk free results is learn about bitcoin only & save yourself the doomed path that won't likely end up anywhere helpful to society. Bottom line: study bitcoin, buy bitcoin & go back to medical genetics and offer value to the world that way. Much easier path. I've been in crypto since 2017 and other than bitcoin it's all way more risky than a casino.
Bow down to your sincerety in teaching what the game in general is about without any bs and light illustrative examples. The ending note where you connect cold hard metrics with boardroom and deal dynamics is marvelous. Kudos and thanks 🎉
I just randomly came across your channel. I love you presentation and graphics, you should take on potential mergers and work you way through them like you did here. You can do serious ones but also silly ones for entertainment. I think it would be class!
You're a very clear and enthusiastic communicator, I didn't know it was possible to make a P&L exciting. I think you're probably going to deliver on your mission, and create a lot of positive impact on the world while doing so. :)
I always thought of an investment banker as a real estate agent - they ensure the transaction is done right properly and take a much larger fee than you would have paid if they charged by the hour. Like 100x more.
at 22:23 you've said price/earnings multiple is 20.4x but when I calculate it I always find it as around 19.08x. If you can elaborate further how did you find this number I'll be more than happy.
Hi Jay! I really enjoyed your breakdown in such a simple way! Quick feedback/potential next video idea, could you maybe teach and educate us the main spreadsheet metrics to make on excel to track a business? I got friends in investment banking and spreadsheets are their bread and butter to assess really well. 🤣
Great video and spot on content. As a recent founder, my ex, who was a previous Goldman MD went through this modelling with me. I totally get why they are so respected in the business world. Those initial considerations have helped power my start up for the last 9 months. 👏👏👏✅
Thank you! It was so hard to explain what investment banking does to people. Now I can just send them this and save myself time from explaining over and over again!
Thank you for this. I wanna note that it's not about hard work, it's about STRATEGY. Have good strategy, specifically, and you'll be good. Working hard just makes you a good cog in the system, being strategic makes you a boss in the system.
Bra if you don't know about 💰 I hope you're taking notes because he hit everything on it's head. I watch a lot of financial channels but ur experience shows and you actually know what you're talking about 💯.
Great video, very well presented, clear and structured. Cheers from +20 years Financial professional from Oil/Gas and Industrials. This will help the young dudes :)
Hi, Jay: I really appreciate you creating this content and sharing what you learned with the public. It’s truly invaluable. Thank you so much! When a company lists their IPO and they receive money for those shares does it do this primarily to sow it back into their company ?
Appreciate that! I think the best resource I have is a video I made a while back called “How to get a Job at Goldman Sachs” A BIG chunk of that video covers the outreach/interview process! If you scroll toward the bottom of my uploads you’ll find it :)
You’re incredible! This information is so dense, clean, & shockingly great compared to any other RUclips videos. I really have loved all your stuff, very inspired as an aspiring entrepreneur myself!
Very informal, I’m 20 and this helped me out a lot. I’m studying accounting right now as a 3rd year. I am very interested in the finance part of things though.
My mission is to give you a better business education than Harvard/Stanford, completely for free. Make sure to subscribe so you don't miss out! :)
Ivy league institutions punching the air rn
Hello @jayhoovy, I have been watching your channels for a while now and I enjoy every clip of it. Can you upload the excel that you use for the making of this video please, thank you!
subscribed. Thanks for this contribute to free information.
Whilst I can not tell you whether it’s better than education from Harvard/Stanford, this is by far the best video I’ve watched on finance and thank you sir
Keep it up!
Bro just summarized the full Basic Financial Management course in my university🔥🔥
sounds like my micro economics class, i was waiting for bro to start talking about the equilibrium lmao
@@timothylasmithjr7571 Same here, I wasted 4 years looking for things that I could get on RUclips for free.
@@timothylasmithjr7571nah trust micro doesn’t talk about some of these things in depth but financial basics class does he explains everything surface level but for 30 minutes it’s so good
No. Bro taught more in one video than an entire finance degree. I would know I have one
@@FullRewardMinistries Damn!
Dude just summarized my entire 4 year undergrad in finance in 36 mins lol.
Finance is therefore a useless degree.... even the investment banks dont really hire finance grads. they hire ppl from other majors.
I’m going to university currently and am having a very hard time understanding how I could get the same education for free on RUclips (pretty interesting)
@@shantboyadjian2688why are you having a hard time understanding that tho? There are plenty of people who are willing to teach valuable lessons and skills for free on youtube. The difference between someone saying “I learned from youtube” and someone who’s done case studies, competitions, pitches , and standard tests tho is pretty evident. It’s never enough to just say you learned this from X
Search more, everything they teach at uni is available free online.
You'd do better if you treat university for Social Connections and Wisdom, rather than information. Information is everywhere, those things you can't find easily @@shantboyadjian2688
Tell me you didn’t go to Wharton without telling me you didn’t go to Wharton
it took me 30days to prepare in depth and this guy explained it in 30mins
Facts!!
Really...? Then you might consider switching careers because this stuff is basically a few investopedia articles summarized and advertised as goldman sachs secrets lmfao
@@WheepyUwU I have just cleared my CFA lvl 1 and got a job in PMS.
I was studying economics and this would’ve taken a complete semester for our teacher 😂. That’s why I dropped out
@@manthanwalmiki8479 how many companies did you apply to before landing it?
Love it when someone can explain something so concisely and thoroughly, whatever it may be. A lot of people "explaining" something on RUclips are more focused on stroking their own ego -- or hiding the fact that they know little. You are a wonderful teacher.
Bot.
@@pierreclifton1865 I am not a bot lol. The truth is that I just had the awful luck of the writing style I developed over the years sounding a lot like what LLMs come up with nowadays. Something I will have to work on!
Well said. Agreed.
There’s no greater power move than acquiring knowledge through strife + struggle and then give it away for free.
Thank you dude!
And people utilizing it rather than abusing it I.e. not doing anything with it
I have been in finance and accounting for decades, and yet, this is one of the most brilliant, captivating, and lucid encapsulations of the immense value of understanding finance. Thank you.
This is one of the best videos I've watched on financed. I saved it in a special playlist. That's how you know it's a gem.
The fact that university professors use 4 hours a week to explain what a RUclips video does in 34 minutes because “youtube pushes longer videos” is wild. Great job explaining.
I hereby classify this video as a gem. Its rare, but sometimes on RUclips you can find super valuable videos that are legendary in their insights. This is one of them. Instant fan.
🎯💎💎💎
I'm a law student in the UK, tryna break into commercial law, this dude gave me a better overview of a lot of finance than any fucking professor on this app. Gs up. You a boss. Keep these coming.
thanks for the kind words king - you're gonna break through and make it
You from London? Tryna break into corp law too and trust me It takes a team. Get In touch
"app" lmao zoomers
Did you go to a Greater Public School? Followed by Oxbridge? No? Give up.
I subscribed because you didn't try to sell me anything! Just pure information. Love it.
u just summarized and taught me my entire financial management course in uni in 30 minutes...when I still couldn't comprehend what my professor was talking about in 10 weeks...wow!
John, I have watched hundreds of RUclips channels and you are one of the best. You have a generous and genuine attitude to share knowledge. I really admire that.
I will meet you some day.
Greetings from Bangalore, India.
Thank you so much for the kind words! Really means the world. I look forward to hearing about your journey :)
bro didn’t stutter for a second despite talking about things that aren’t straightforward. 👏
Wow! So many information most efficently compressed. Really good content.
Appreciate that Michael!! Glad you enjoyed :)
Simplifying complex business concepts in a video like this is mastery. I support you capitalizing on this. Awesome work brother.
The analogy of the private equity firms to the landlord is spot-on and enlightening 👍👌
36 mins of pure knowledge in business world. Thank you for summary in banking & business 101.
The way you explain it makes it so much more concise and easy to understand. Amazing work and looking forward to many more uploads!
Been here since the Stanford video when I was craving for self-development content lol
Crazy how helpful your videos are for the little recognition you get when posting them. There's no " buy my formation" type of stuff, but pure gold content for free.
You build your personal brand by doing so! But also help us launch our career! You're the G.O.A.T jay 💛
Brilliant presentation. ...And by incorporating the financial modeling concepts to boot, this is among the most valuable 1/2-hour on the internet. Just great stuff -- and can we all give some props for tight editing? Bravo!
Thank you for the kind words Garrett! Wishing you a great day!
Han Lue is giving us sage advice, I'm glad he left street racing in Tokyo.
HAHA
😂
Nooooo 😅
Gotta pay for new brake pads somehow, off to business school
Straddling corporations with debt through whatever means (IPO, m&as, direct lending, etc) is of little to no relevance for laypersons struggling with student loans and credit card debt. It's equivalent to someone having a cheat sheet for peasants in 11th century Europe to become powerful land owners/knights. It's non sense.
bro is the business major personified
blud is literally the major itself
Word.. I should’ve watched this video instead of going to college 4 years
was expecting this whole thing to be a big sales pitch for your online course or something but it's actually just a great lesson
finance seem to always get over my head, and yet i love money. this guy makes the concept look easy
Hey Jay,
im Tyler from germany. I’m currently 17 years old, applying for college and I really love your content. Around three months ago I didn’t know what I wanted to do, I just felt like I wanted to be behind the scenes. Today with the help of your great videos I not only know that I will peruse a career in IB as I really love advising while basing myself on numbers, I also have a good overview on what an Investment Banker does and the opportunities one has to work in finance. So a big THANK YOU to you for helping me in my journey of finding the right thing for me. I hope you’ll continue this Chanel and go onto helping millions around the world.
Maybe one day we can meet and I can try giving back to you, at least some of the help you provided me with!
Best wishes from Germany and a big Thank you!❤
Wirtschaftsingenieur ist auch eine gute option, öffnet einem viele Türen. Viel Erfolg :)
All the best in your studies
Alles gute dir
Good luck, you figured it out early! At 17, I was lost in the annals of Africa!
Make sure you do not study Economics, Business, Accounting, Investments... Theoretical non-sense. You learn more by You-Tube and Paper trading. And as several people have suggested: do the sciences, like a discipline of engineering at University. IB's like non-business students, more interesting.. why? you will be communicating alot - the knowledge of business is regurgitated often at work and during your training - and you have access to analysts and economics which makes up for your shortfall - so you'll pick it up but you won't be an interesting person if you spoke about it all day and especially to clients. Be different to stand out!
You absolutely crushed it explaining financial analyzing and how company are valuated easy to follow and understand
Brilliantly done!! Learned more about building a financial model watching this video than through any other RUclips videos I’ve found on the same subject. Love love love how much you simplified the explanation. Can’t wait to see what you make next!
So glad this popped up in my algorithm. This was an absolute gem. Thanks for your effort you put into making this video!
You've just earned a subscriber based on how you condensed so much information in a short video.
Thank you for all of the valuable information!
Thank YOU for watching :)
Great video. I like how you are very energetic about explaining what the inside knowledge of Goldman Sach and the big players do behind the scene where the average person doesn't see or know. I'm learning a lot more about what the Ivy league universities teaches without attending it. Keep up the good works.
Thanks Hoan!! Just trying to share as much as I can and have fun while doing it!
Hey just wanted to say thank you for making this video. You've shown up on my feed before and your prior content didn't really resonate with me, but this video was immensely useful to me as someone without a finance background that is really interested in the space.
Best wishes, and I'd love to see more.
I have a degree in Medical Genetics but I’m pursuing a career in asset tokenisation in crypto. I have no economics or finance background but this video was sent from God! Thank you!
Let me help you out. All tokenomics beyond bitcoin's fair launch are designed for the insiders, VCs & early investors to profit at the expense of later investors. Yes, all of them. There may only be 1 or 2 (or zero) tokens that actually find a use case (other than bitcoin) and you have 20,000+ of them to sort thru. Much easier road to travel with risk free results is learn about bitcoin only & save yourself the doomed path that won't likely end up anywhere helpful to society.
Bottom line: study bitcoin, buy bitcoin & go back to medical genetics and offer value to the world that way. Much easier path. I've been in crypto since 2017 and other than bitcoin it's all way more risky than a casino.
Amazing Explanation! Literally every subsection keeps me more hooked to what more can I learn from this video.
Bow down to your sincerety in teaching what the game in general is about without any bs and light illustrative examples. The ending note where you connect cold hard metrics with boardroom and deal dynamics is marvelous. Kudos and thanks 🎉
Thank you for simplifying it down into bite-sized pieces. I wish I had this when I was taking my MBA, it would have made my life so much easier.
This is an amazing video and overview, subbed immediately in first 5 mins of yhe video😊
The coffee business scenario and storytelling were really good, you could do more of those.
What you are doing is precious. You are making the world a better place. Thank you.
So, the next time someone mentions Goldman Sachs, I’m going to pretend like I know exactly what an IPO is and how private equity works... 😎📈
You have a talent for keeping engagement and actually making these topics interesting. 🎉
NEW JAY VIDEOOOO!!!🎉
Keep up the amazing work , we appreciate you! New haircut looking sharp 🔥
Hahaha thank you Mateen!!! Grateful for your support🙏
We missed you dad! Glad you’re back
🫶
I love this. When I start my podcast I may reach out to you. You break this down very good.
This video has really solid instructional design practices. Great pacing and visual reinforcement
Great hell of a video!!
I just randomly came across your channel. I love you presentation and graphics, you should take on potential mergers and work you way through them like you did here. You can do serious ones but also silly ones for entertainment. I think it would be class!
You are a very strong communicator, truly impressive.
I wish i had this video a few years ago when i was venturing into finance. Super useful!
The way you explain is very visual I love it. As a creative wanting to understand the business side of things this extremely helpful thank you!
thanks for the kind words Cassandra! Excited for your journey!
this provided so much value from the very start it was an immediate subscribe
You're a very clear and enthusiastic communicator, I didn't know it was possible to make a P&L exciting. I think you're probably going to deliver on your mission, and create a lot of positive impact on the world while doing so. :)
I always thought of an investment banker as a real estate agent - they ensure the transaction is done right properly and take a much larger fee than you would have paid if they charged by the hour. Like 100x more.
Wow!! Thanks for your teaching. Every business owner should watch this.Thank you!!!!
Unbelievable value dude, this a gem 💎
Bro thank you man. One of the best business video 💪🏼
at 22:23 you've said price/earnings multiple is 20.4x but when I calculate it I always find it as around 19.08x. If you can elaborate further how did you find this number I'll be more than happy.
This is very informative. Excellent summary of investment banking
So, I did a course called Financial Modelling and Valuation Analysis. You have just summarised that entire course in less than an hour. 👏🏿👏🏿👏🏿👏🏿
You have the best presentation skills I've ever seen. Along with hand actions, you also have facial expressions and movement. ❤
Subscribed because you're not shilling anything and this video was extremely informative
One of the best guide in 2024 🎉🎉
Thank youuuuuu! That was so informative and will help me and others along the way.
Wow Very inspirational video Jay! I'm a studying Finance in NYC trying to make sense of it all, but this is the Holy Grail !!
Came for the curiosity, stayed for the class.
Hi Jay! I really enjoyed your breakdown in such a simple way! Quick feedback/potential next video idea, could you maybe teach and educate us the main spreadsheet metrics to make on excel to track a business? I got friends in investment banking and spreadsheets are their bread and butter to assess really well. 🤣
Yes, that would be an interesting video.
Great video and spot on content. As a recent founder, my ex, who was a previous Goldman MD went through this modelling with me.
I totally get why they are so respected in the business world. Those initial considerations have helped power my start up for the last 9 months. 👏👏👏✅
Actually a well made and informative video thanks for making it! 😀
This video was well organized and educational.
This is awesome. Had an internship at GS back in HS. Not my cup of tea but that compensation is kinda worth it 😅😅
I love the logo of out coffee company with the two beans. :)
Thank you! It was so hard to explain what investment banking does to people. Now I can just send them this and save myself time from explaining over and over again!
Hey men I love your videos, you explain everything so simple and clear that it is imposibel miss truck on
Great stuff! Being able to explain in such a concise way means that you know your stuff very well.
Thank you for this. I wanna note that it's not about hard work, it's about STRATEGY. Have good strategy, specifically, and you'll be good. Working hard just makes you a good cog in the system, being strategic makes you a boss in the system.
Bra if you don't know about 💰 I hope you're taking notes because he hit everything on it's head. I watch a lot of financial channels but ur experience shows and you actually know what you're talking about 💯.
Thank you very much for taking the time to make this video!
Super concise and comprehensive, well done
Great video, very well presented, clear and structured. Cheers from +20 years Financial professional from Oil/Gas and Industrials. This will help the young dudes :)
Great video. I have a finance degree (never worked in the industry). This was a good summary.
Hi, Jay: I really appreciate you creating this content and sharing what you learned with the public. It’s truly invaluable. Thank you so much!
When a company lists their IPO and they receive money for those shares does it do this primarily to sow it back into their company ?
High impact, well communicated. Fantastic video.
This dude is a great, well-rounded, and balanced leader. Your continued success is imminent.
Do you have a video on investing? I’m so overwhelmed with this stuff 😭 thank you for sharing your knowledge 🙌🏼❤️
Currently trying to crush it in the Agri industry. Learning the public sector to win in the pvt sector
Please make a podcast with the same info I want to listen to this while working lol
Thanks brother Explained really well. Do you have some resources for interview prep, if yes kindly share it will help a lot
Appreciate that! I think the best resource I have is a video I made a while back called “How to get a Job at Goldman Sachs” A BIG chunk of that video covers the outreach/interview process! If you scroll toward the bottom of my uploads you’ll find it :)
Thank you bro.
Well done & keeping up your good work, you have great potential to succeed 🎉🎉🎉🎉🎉🎉🎉🎉
This was really helpful, super quality video. thank you :)
You’re incredible! This information is so dense, clean, & shockingly great compared to any other RUclips videos. I really have loved all your stuff, very inspired as an aspiring entrepreneur myself!
my former actually did the Facebook ipo. yes, my first job was in investment banking like this channel
Wow. This guy is just everything. I am locked in on this channel
Welcome king 😎 glad to have ya!
Very good video. Could you please do deep dive video on analyzing a financial statement of a company?
one of my new favorite video on RUclips even though i had no interest in this area prior
Heyyy!!! Big fan here!! Please start a Y Comb success seriesss!!!!! Its nowhere available!!! Pleaseeeeeeee
Yo that is absolute gold content!
What font do you use in Excel for financial modelling / statements?
Arial pt 11
Very informal, I’m 20 and this helped me out a lot. I’m studying accounting right now as a 3rd year. I am very interested in the finance part of things though.