Margin Of Safety Chapter 4 (MARKET BUBBLES & EBITDA)

Margin of Safety Chapter 4 - using junk bonds from the 80s as an example of what constantly happens on Wall Street. How stock market bubbles are created and how those pop, how EBITDA is a flawed measure and how when you hear collateralized, you should run away.

0:00 Margin Of Safety
2:30 Explaining A Bubble
9:59 EBITDA is Flawed
13:02 Collateralized

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[paurushsharma]

Sven is back in full force. Intel, Copper and now Seth Klarman. Good going.

[philippusparacelsus]

Sven this series is one of your best value videos ever. The fact that not many watch it is just stupid

[marcobaruzzi]

Better than a Netflix show, can't wait for the next episode to come out!

[sanc]

Thanks for this book review. I've watched every chapter so far. I'm looking forward to 5

[TwitterandyouTube]

Thank you for calling out the nonsense of EBITDA

[Tmkisss]

Amazing. I'll like from two devices :) please keep the book chapters coming 🙏

[andevm]

Quite revealing your comments on EBITDA. Thanks for your job. Keep it up.

[fredwinslow]

I am joining your pay platform again even though I was never having the time to utilize it properly just to continue to encourage you to provide the top free content such as this review of margin of safety

I have the book and have reviewed it and enjoy hearing your take on it

I hope you will continue to find useful things to discuss

[davidm]

I love this series on Seth Klarman's book, thank you for that! I'm struggling to keep up with the pace you are making videos lately, but one at a time I'll watch them all for sure.

[austinollinger]

Shaq thought it was a slam dunk but it became a free throw for him! 😂😂😂

[Andy__A]

Immense value.
Thank you, Klarman and Carlin.

[gillesd]

Team “this and that and everything” 💪😄

Great content 👍

[josevega]

Kuya your channel is awesome your helping thousand of people keep up the good work

[jimhendrickson]

Back in business school I had a class in energy finance taught by senior analyst (it may have been the CFO) from Petro Lewis, a firm that financed there oil exploration with junk bonds. They maximized their efforts and when the price of oil dropped they were in trouble, not being able to meet their debt obligations. The final in the class was to develop a strategy to bail them out. I didn't do too well .

[A.Campbell]

EBITDA, EBITDA, that's all folks!

[Mark.remarking]

Sven, once again very informative and important information. Thank you very much for showing us these pitfalls.

[ambarkulkarni]

Thank you for the work that you put into these videos. It is very much appreciated 👍

[dexterhatchet]

important video, thx Sven, great insight

[richardb]

Hahaha, good video Sven. No bullshit here. Glad to see you picked up the reference to old Charlie boy

[rafaelarelin]

Yes, how about that business university. I did practically all my investment analysis using EBITDA. But there was no youtube back then. Thank you Sven for your brilliant videos. I've gone from subscribing to around 50 business channels, to only subscribing to a few, and mainly watching your videos, I find them very very enlightening