Daily Briefing – October 12, 2020

Published on
October 12th, 2020
Duration
40 minutes


Daily Briefing – October 12, 2020

Daily Briefing ·
Featuring Ash Bennington and Ed Harrison

Published on: October 12th, 2020 • Duration: 40 minutes

Managing editor Ed Harrison and senior editor Ash Bennington answer questions from the Real Vision audience in this special edition of the Daily Briefing. They discuss everything from the latest jobs numbers, to the regulatory hurdles that banks are facing, to the Real Vision editorial process. They also look at junk bond defaults and the correlation between the S&P 500 and the VIX. Lastly, they explore whether credit is "the canary in the coal mine."

Comments

Transcript

  • KR
    Kevin R.
    17 October 2020 @ 03:18
    As a long distance truck driver my home time is very limited - what I am interested in is facts related to financial markets, Government actions, precious metals and the movers and shakers in the stock market -all the rest is just guff.
  • AB
    Alex B.
    16 October 2020 @ 03:18
    As much content as possible although the real vision daily briefings seem repetitive at times. The more different opinions the better! More interviews with people who haven’t spoken on real vision in the past. Other than that great product!
  • AP
    Alfonso P.
    14 October 2020 @ 11:23
    Be selective, less is more, use the distillery to guide the viewer in the ocean of RV content, do not become another vehicle that is trying to reach everybody in all themes at different levels of details, do not loose your quality. What audience are you trying to reach, do your homework, know your audience, whom are you trying to reach, to inform? to educate?. What is RV soul or purpose.
  • HK
    Henrik K.
    13 October 2020 @ 15:17
    Thanks for an enjoyable RVDB including the very topical commentary on the Premier League.... I believe this is the BofE paper that Ed refers to that clearly explains how money is created by banks in the modern economy: https://www.bankofengland.co.uk/quarterly-bulletin/2014/q1/money-in-the-modern-economy-an-introduction For anyone confused by some of the recent Steven Van Metre interviews this should help clear up a number of confusions regarding central bank reserves, money printing and the impact of QE including: 1. It explains that central bank reserves are not borrowed by banks but are in fact lent by banks. As central banks can not themselves print money, when they acquire assets from banks through REPO or QE they effectively have to borrow the funds from the banks themselves by giving the bank an IOU i.e. reserves which they credit in the banks reserve account with the central bank. These reserves are an asset of the bank and a liability of the central bank. And hence the central bank pays interest on these reserves which are deposited with them just like banks pay interest on cash that is deposited with them (Ed got this a bit mixed up when he said that banks are borrowing reserves from central banks and then in the next sentence said that central banks pay interest on reserves). 2. It confirms that reserves can not be lent out and so don't stimulate additional lending by the banks. They are used by the banks to satisfy regulatory requirements and for facilitating inter-bank transactions e.g. bank A makes a loan to customer A by crediting an account but when Customer A then withdraws these funds to purchase a house from Customer B who banks with Bank B then the funds get transferred to bank B along with a corresponding amount of Reserves such that both Bank A and Bank B's assets and liabilities remain in balance post transfer. Ultimately banks lend (create) money when they see good opportunities to do so and there is very little the central bank can do to encourage this especially when interest rates are already at the lower bound. All central banks are achieving with the REPO market (and to some degree QE) is ensuring the liquidity is there for the markets to function as intended. 3. It also confirms that when central banks undertake asset purchase programs e.g. QE then the intermediary bank used will need to create the money in order to purchase the assets from the current owner of the asset. So while Central Bankers are technically correct when they say they don't print money when doing QE this is semantics as the intermediary bank used effectively creates the money on their behalf. This why QE leads to asset price inflation as it reduces the available supply of the safest assets that the central bank is acquiring and provides liquidity into the financial markets for the original holder of that asset to redeploy into higher return/riskier assets; hence bonds and stocks go up. This seems to trickle down to high net wealth asset categories like real estate, luxury goods, art, fine wine etc.. but it doesn't trickle down into the real economy and therefore does not cause consumer or wage inflation (unless the QE program was instead used to finance fiscal spending by the government which is the phase we are headed into soon I suspect and could produce some inflation depending on the strength of the countervailing deflationary forces). 4. Finally explains that the creation of central bank reserves does not represent free money for the banks because even though they are receiving a small positive interest rate on the newly created reserves this is offset by either (1) the loss of interest earned from transferring an interest bearing asset to the central bank in the case of a REPO agreement) or 2) the cost of paying interest on the deposit the bank needs to create in the favour of the holder of the asset that they are purchasing for the central bank in the case of QE. This video from Richard Werner also explains all this really well: https://www.youtube.com/watch?v=IzE038REw2k
    • HK
      Henrik K.
      14 October 2020 @ 08:19
      Sorry wrong BoE paper linked. This is the right one: https://www.bankofengland.co.uk/-/media/boe/files/quarterly-bulletin/2014/money-creation-in-the-modern-economy.pdf
  • mw
    michael w.
    14 October 2020 @ 06:31
    As for content, more is only good only if the quality is maintained. The numerous crypto segments just don't seem to bring the same engaging and helpful information as the other interviews. Those are the only interviews I rarely watch all the way through. Maybe have crypto once a week, or be more selective on the topics/guests.
  • MP
    Matthew P.
    13 October 2020 @ 22:44
    I think the economics of sports would be an awesome segment to have on RV. Two people I follow on twitter, that might be interesting guests to have on are Joe Pompliano and Darren Rovell.
  • CP
    Chamil P.
    13 October 2020 @ 22:30
    Would love to see the highest rated content across various topics made available across tiers even at a later date. I think it's important to give us a glimpse of what we are missing out on. This is especially important with Crypto as it is a space that most are reluctant to venture into but has the most potential.
  • RA
    Rick A.
    13 October 2020 @ 20:16
    You asked the question as to whether I would watch all RV content (if I could); the answer is a resounding yes. Alas, this is not possible, so my viewing habits have become more selective. Given the burgeoning crypto space, I think it is important that it remains a reasonable part of regular RV content. There is never as broad an awareness as insiders would like on any "new" asset class, but that is the nature of being new. So don't count crypto folks out too quickly from regular RV content. On another note, I suspect there are many folks here who are not active traders. While it is always interesting to hear from those folks, my point is that many viewers likely use money &/or wealth managers. One area of potential interest might be: investing outside the bulk of your managed moneys. (just thinking aloud here)....
  • AS
    Atul S.
    13 October 2020 @ 19:54
    I agree there is too much content. My time is scarce. There is so much information in the world, the real value is in curation. RV is in a great place to be expert curators.
  • MT
    Mark T.
    13 October 2020 @ 19:39
    You can always count on Twitter for accurate information.
  • MT
    Mark T.
    13 October 2020 @ 19:36
    Hemp for Victory! (Look it up, a WW2 film to farmers encouraging the growth of non-psychoactive hemp for industrial/war related uses like rope, oil, netting, etc.)
  • AA
    Alberto A.
    13 October 2020 @ 18:37
    Ash/Ed: Regarding the curation of the content. I have a few suggestions described below: 1. Arrange the content by topic by ranking them in number of likes or thumbs down. Since there is so much content I'm not able to see every video unless is a fresh one and one that I'm interested to see. I would them give my rank (likes) and comments to help other people decide to watch it or not. 2. Arrange the topics by different knowledge levels: I think you can do a beginner, intermediate, and expert level. I give you an example: I'm an expert advanced options trader but at a super beginner crypto level. 3. Arrange the topics by higher views....or must watch. This would be a good start and a way of how I'm doing my own curation. Thanks. I watch the daily every day.
  • RM
    Richard M.
    13 October 2020 @ 12:56
    Ed, I find it hard to believe you are Todd's cousin and have NOT been following the cannabis space, since Todd has been "pushing the weed" for years now and surely it would have come up around the dinner table at Thanksgiving time! <big, big smile>!!!
    • EH
      Edward H. | Real Vision
      13 October 2020 @ 17:51
      We aren’t blood cousins but name cousins! Anyway named Harrison has a leg up in my eyes. I followed Todd back in his days on the blogosphere and am excited to follow him in this new arena too.
  • MW
    Michael W.
    13 October 2020 @ 17:25
    What do you both believe is the future of the European Union? Have you ever been to Spain, I'm thinking of moving there in the next few years ! Thanks. Tom. Big hug
  • RA
    Robert A.
    13 October 2020 @ 17:09
    First, thanks for the Sunderland tip, Just got it queued up on Netflix! Ed asked for feedback on the massive increase in content, so here goes: First, RV has been through many innovative and “push the envelope” changes over the years with many ultimately being embraced and others falling by the wayside based upon feedback from we RV’ers. (DB perhaps being the best example of a “home run”) I’ve learned to just be patient during the turbulence and just trust in the fact that RV generally gets it right. Second, here are my own personal thoughts and evolving usage of an RV product; I’ve been with RV almost since inception, am a “Pro” member and used to be able to watch and enjoy almost every video....but no longer can as the firehose has become over whelming. I mentioned in a comment a year or two ago that WE were going to have to start becoming our own curators consumption wise. Here is a personal example of how my personal curation has developed— By watching some excellent Crypto videos 3 or 4 years ago I was able to dip a toe (“get off Zero” as Mark Y advised) and in the last year I’ve watched two excellent Crypto ones (before RV created Crypto week or the special Crypto section) that has given me everything I need to define my Crypto participation going forward...a salient point that shaped MY thinking was the one when the guy’s Mother came to him and asked “which Bitcoin should I buy”....he straightened her out and then basically said BTC will get you (or anyone) 90% of the way there and if you want to knock yourself out learning about many of the other Crypto’s you may be able to create Alpha, but if you just want the Beta BTC should get it done for you. I’m a Pareto rule guy (20% of the effort gets 80% of the result) so I’m set now...I’m a BTC boy and plan on not trading around my position, although I will be adjusting it’s size from time to time. Long winded way of saying that I will not be using the Crypto section much, although I did watch a couple of them that were very helpful regarding storage and front running the Institutional wave catering to the retail latecomers. My suggestion to RV is that they create blocks or sections related to different matters and occasionally show one of the best received ones to us all that might whet our appetite for more—the “Distillery” is excellent in this regard as are the DB references to certain videos. Hope this helps....RV pushes, experiments and probes—gets our feed back and then refines, adds or deletes with their usual Magic Curation sauce. If something bothers me I let them know, otherwise I just sit back and enjoy the process.
  • LK
    L K.
    13 October 2020 @ 16:45
    Ed, did you know that the English football Championship play-off final is the most lucrative one-off match in sport? A piece on the economics of sport would be most welcome - I've often wondered what the motivations behind billionaires investing in sports clubs and franchises are.
  • JJ
    John J.
    13 October 2020 @ 16:24
    You asked what viewers would like to see. Because of the huge volume of content each week, why not do an Executive Summary with a brief synopsis of the content? That way you could pick and choose the interviews and topics that appeal to you. You could also show the current summary of the Likes vs Dislikes. Just a thought.
  • LN
    Laurie N.
    13 October 2020 @ 14:49
    Love the content...not too much at all. It's relevant, current and wide in scope, giving me a chance to choose what I want to listen to. I'm a new subscriber and I may continue my subscription if the content continues to be produced abundantly and of such high quality. So tired of the lies and bs of mainstreet.
  • ES
    Edward S.
    13 October 2020 @ 14:35
    My opinion on how to organise the content would be to let users choose tags/topics that they are interested in, and for all of the videos to be tagged, so we can then have a personalised list of the videos that contain any content related to the members' interests. For example I am really interested in the US Dollar and I trawl through the 'chapters' list of each video to see if there are any sections where the dollar is discussed. It would be great to have this automated so I can see a list of every video that mentions the dollar (or any other topics I have expressed an interest in). Anyway I'm sure there's some fancy tech solution to do that.
  • SB
    Sean B.
    13 October 2020 @ 12:15
    I have been an RV subscriber for 5 years and try to watch everything for I find useful advice in everything. The crypto platform also helps with me with traditional asset mgmt, ie the S-curve analysis. If you can find a way to condense all the content so I could watch all of it, I’d be much abliged.
    • GG
      Gary G.
      13 October 2020 @ 12:43
      I'm in the same boat. RV is a great platform that I enjoy and learn from daily however there's no way for me to absorb half of it given personal time constraints. It would be beneficial to have a regular, brief and concise synopsis of all interview material along the lines of what you produce with the distillery but on a more timely basis instead of at week-end. Either way, excellent platform and I appreciate what you do.
    • SB
      Sean B.
      13 October 2020 @ 12:56
      I love RV. But, the high degree of content kind of cannibalizes itself in that I have considered upgrading to Pro but do not feel I can get full use of it since I cannot get through the content on my Plus tier.
  • MB
    Max B.
    13 October 2020 @ 11:55
    I don’t think the amount of content is a problem at all but there needs to be greater and better use of chapters and categorising. Chapters are sporadically used and I’m finding the lengthier videos without them difficult to sift through to find parts I’m interested in or curious about. Chapters should also be added to Lives ideally within two days after. Also if the chapter time markers could align with the video, as time elapsed opposed to time to end, that would be helpful in this sifting process.
  • GB
    GREGORY B.
    13 October 2020 @ 11:51
    Americans only want competition within their labor class. The capital providing class is actually quite cooperative with each other.
  • RL
    Robert L.
    13 October 2020 @ 11:48
    Wanting more detail on Cannabis... The National Cancer Institute (NCI) Cannabis, Cannabinoids and Cancer Research Symposium will take place virtually on December 15-18, 2020 via WebEx. This workshop will highlight the state of the science in cannabis, its chemical constituents (e.g., cannabinoids), and cancer research, including cancer epidemiology, use in cancer patients, cancer biology and prevention, pre-clinical and clinical cancer symptom and treatment side-effect management, as well as the use of cannabis and cannabinoids as cancer therapeutics. The workshop will also address current barriers to research and strategies to navigate these hurdles to ensure feasibility of rigorous studies designed to address gaps in knowledge, as well as potential research opportunities related to cannabis and cancer. More information about the agenda and registration can be found at https://epi.grants.cancer.gov/events/cannabis-research/.
  • SB
    Stewart B.
    13 October 2020 @ 09:33
    it is fine keeping more content. However it would be great if the page which shows each video as a tile, would show the number of likes and dislikes. Currently I am finding myself having to navigate into each to find which I want to watch. Also, a *really* annoying feature of the Real Vision platform is that as soon as a video finishes, the page reloads to the next video. This is bad for two reasons. Firstly it often doesn't give me time to get to the computer and hit like or dislike, and secondly I have lost comments I have been writing when the page reloads. I hate this feature so much.
  • GS
    GEORGE S.
    13 October 2020 @ 08:47
    Im over all the tiers, so much for democratising content. Telling people to buy silver or bitcoin is not worth some ridiculous tier, i can find better advice on reddit....not to mention paying to be told the market would crash for 7 months.
  • IM
    Ian M.
    13 October 2020 @ 08:45
    Excellent choice Ed, tremendous upside with Spurs!
  • GL
    Grant L.
    13 October 2020 @ 07:49
    Gentlemen, I laughed the whole way through your discussion about promotion and relegation. Absolute gold. Thank you. Best regards from Ireland.
  • BG
    Bastian G.
    13 October 2020 @ 07:41
    What I would do if I would be in charge of the curation at RV for a few months: - Create 5 levels of expertise (novice, etc.) - Curate videos which help me understand the broader financial markets, and then split the financial world into different categories and assign videos to each of these categories - Create learning material how this all plays together (what have bonds to do with equity markets? What are equity markets? Who are the players? etc.) - And then for each learning material, there are probably 10+ videos to watch to get different views on it In addition, create an "entry-to-mid-level" course/program where you - Create an example portfolio for the current market under a certain framework - Explain why you would construct it like this - And day to day show if you would do a trade and why - Explain what % you would expect per year under which framework - Explain what is risk - Explain how you would invest for growth and preserve value Then, after the novice level, explain: - Which financial instruments do retail investors have access to (options, stocks etc.) - When you would use which instrument and why - Again, add videos to the material so we can see different views on this knowledge This would be my educational course. And then, there is more: - As you did, create currated playlists about bonds, equity markets, 5 year time horizons, pensions etc. - Let me create my own playlists in an easy way - Create a podcast 10-15 minutes once or twice a week where you summarize the content published - The daily briefing should stay the same. It is current but not too catchy like Bloomberg, it's a perfect mix - Be able to buy or download summaries or key learnings of each video. Currently I have 3-4 pages of notes for each video which I need and want to research. This can be done (for a fee) from your knowledgable folks. Give further reading advice for each video and summary. And last, create material for: - How to invest your first 100k - How to grow your 100k to 500k - How to take risk in a proper way - How to preserve 1M+
  • MW
    Martin W.
    13 October 2020 @ 06:20
    As far as efficiency of consuming content - I'd really like to use the "My Videos' tool. I can't seem to figure it out. Where is 'my list'? Setting up/adding to a playlist of videos (as the content is released etc) and then working through them sequentially would be my preferred (and more efficient) method of getting through (more of) the content. Keep up the good work, lads.
    • mc
      mark c.
      13 October 2020 @ 06:25
      also can't find my videos list
    • HT
      Hans T.
      13 October 2020 @ 07:34
      You can get to your list via the following, although I think RV should put up a button to it: https://www.realvision.com/tv/my-list/
  • BG
    Bastian G.
    13 October 2020 @ 07:31
    I agree that there is way too much interview content. Spend your time write reports on the interview, take your time to create educational material like PDFs of some sorts. Create an education path, create a map of the financial market and then move videos on this map according to their topics. I am a bit lost. Every interviewer touches 5 different terms I don't know much about. In contrast, I barely watch crypto content since I am already 90% in BTC for 4 years. I want to learn about something I don't know yet, and I need a guide for this environment not just videos.
  • HT
    Hans T.
    13 October 2020 @ 07:25
    On the football debate: the US is supposed to be the epicenter of capitalism. However, their national game (pro football) is set up on quasi-socialist principles: no relegation, a salary cap (how is this capitalism?), the worst teams can pick and trade the best upcoming players, plus a number of other features. This results in most teams having a reasonable chance of winning the Superbowl; since 2000, 13 teams have won it, with only the Patriots winning more than twice, making the competition very interesting and keeping fans happy. In European soccer, the picture is the complete opposite, with the rich clubs dominating everything and making it very boring. In Spain, since 2000, Real Madrid or Barcelona have won 17 out of 21 years; in Germany, Bayern Munich or Dortmund won 18 out of 21 years; in England, Manchester United, Chelsea and Manchester City have won 16 out of 21 titles. By the way Ash, you made an awful pick with Tottenham...they last won the league in 1961! There's still time to change your mind though.
  • TF
    Theo F.
    13 October 2020 @ 07:08
    On the biz of sports: As always , it comes down to money and mostly how the TV/media rights are distributed. US: Pretty socialist system in that the merchandise revs get shared across all franchises (eg x% of a NYankees cap revs get split across all MLB teams). Distribution of TV rights is split between the league and franchises' individual media network. fwiw - North American esports leagues like League of Legends have a similar franchise-based system. So even the new upstarts are copy-pasting established structures (eg if Honda sponsors the league, all teams get a cut). Europe: Most soccer/football leagues split TV rights pro-rata, oftentimes time-weighted (ie performance over the last 5 or 7 yrs) which favours the already strong clubs. Afaik, the Spanish clubs market their TV rights individually (which partly explains the divide between the haves and have nots in that league) There are 'some' parallels to the relegation system between EU and US: Relegation is a means for most EU football/soccer leagues to let the underdogs drop out but there's no safety net. US leagues regulate performance through the draft system: The worse you perform, the higher ur chance to get next year's #1 Draft. A large amount of financial interest in European lower league football is driven by the betting industry. Odds are more competitive on 2nd or 4th tier leagues across all of Europe (not just Western EU but also CEE and Balkans). @Ed: Deloitte publishes an annual report called "Deloitte Football Money League". That's a great almanac on how revs are generated across EU football clubs. That's a good starting point to get a biz-driven insight into footie. Another great biz to deep-dive into sports is SportRadar - the 800lbs gorilla for sports data.
  • RP
    Roger P.
    13 October 2020 @ 07:05
    I'll add my take on the "embarrassment of riches" problem - as it's a common problem with content on the Web, and as I work in the content-focused saas space, I encounter it a lot. In general, there seems to be 3 main ways of tackling the problem: 1) Structuring/Organizing the content - this is what you guys have mainly done, and used various structures for grouping the content (such as Asset class, subscription-tier, and various themes - although there doesn't seem to be an overarching cohesive hierarchy/structure) 2) Filtration (Search being a subset of this) - this may work, but usually requires the user to know at least a little bit about what they are looking for, and I'll bet your current Search bar isn't used that much (except for people trying to recall a video they once saw). You could expand it by adding more filtration parameters and meta-labelling. 3) Curation - this may be your biggest opportunity, and am glad to see you've started down this path recently with your "Editor's Picks" section. I also believe I saw a weekly summary post a little while ago by Jack(?) in the Exchange which was quite useful. It's a thorny problem that all platforms face, and your solution will likely need to be a combination of the above, unique to Real Vision. If I can make two recommendations: - you may want to use some of the meta-data you're gathering from the Exchange - in terms of which users choose which "Exchanges" to follow - this could be useful for recommending content. - there seems to be a varying amount of "information time decay" to the videos. Some are not as useful a couple of weeks after their publish date, some are evergreen, and many lie in the middle. As more and more content comes on, It might be useful to structure and recommend videos based on their "best before date" - ie. "you really need to watch this video this week", or "you can watch this video at any point during 2020". This may be tricky to implement however. Overall - more content can be great, but too much apparent choice can also lead to a more stressful experience. There's an art and science to it. Hope this is useful - good luck!
  • AL
    Adrian L.
    13 October 2020 @ 07:00
    Dear Real Vision, I have one comment on the question about the amount of content shared on the platform. I use real vision differently than I use other content/news outlets. Real Vision is a place I go for quality and certainly not quantity. The problem with too much content, for me, is that I have to choose what content to watch. The problem with having a choice is that I become biased towards what I view, and therefore, inhibit me from learning something new or challenging my own established opinions. Cheers from Denmark
  • SH
    Sadik H.
    13 October 2020 @ 06:19
    I came to RV for the “traditional” finance content and then became enlightened around crypto. One education reinforces the other, so I’d be disappointed if crypto content became tiered off and separated. If the mission is to educate and inform, then both need to be included in my view. Thank you for the great work you are all doing.
  • AL
    Aaron L.
    13 October 2020 @ 06:14
    Please don't pursue the sports thing, If i want sports or even the economics of sport, there are other areas to go too. RV financial market content is super strong, don't weaken the sauce!
  • RD
    Ray D.
    13 October 2020 @ 05:53
    Good point on the amount of content. I don't find myself going back to catch-up, unless I am already very interested. It probably affects me learning new things from people I don't already know.
    • RD
      Ray D.
      13 October 2020 @ 05:58
      Partly, I feel the content may be out of date by the time I get to it. It helps when you all reference older interviews as still relevant or very impactful to you. Where's the edit button ;)
  • NI
    Nate I.
    13 October 2020 @ 05:50
    To answer the question posed in this RVDB, I'm looking for more of the very long format (1 - 2 hours or more if possible) master class interviews like Grant did before he left. I want to get inside the heads of the very best and learn how they think.
  • JK
    John K.
    13 October 2020 @ 05:20
    I think the content is good where it is. To be honest the more technical content doesn’t interest me. I try to keep my investment philosophy simple so I only watch the stuff that I think may provide me with no data that I may not have access to or new topics that I don’t see too often like cannabis. I wish I had the motivation to watch everything but there’s only so long I care to listen to investing. There’s not a lot going on in markets at the moment. At this point it feels we’re waiting for a decisive move to point us to where we going. Does the blow off top continues or does the bubble burst.
  • ab
    artem b.
    13 October 2020 @ 05:13
    It would be great if you can add guests to speak about investing in numismatics, collectibles, antic, watches, wine etc
  • BM
    Biju M.
    13 October 2020 @ 04:44
    Ed/Ash, Is it possible to arrange the crypto content as a playlist in the order of beginner, intermediate, advanced.
  • VF
    Vassilios F.
    13 October 2020 @ 00:29
    Tip for all those that feel like they don't have time to watch all of the RV Content: Download a browser extension that lets you speed up the playback speed of videos. I use Chrome, so I use the "Video Speed Controller" extension. I watch most RV content at a minimum of 1.8x speed, sometimes as fast as 2.5x. Obviously, this saves hours of time/week. Hope that helps you!
    • DT
      David T.
      13 October 2020 @ 00:35
      Are you not happy with the speed controls already available in the RV video player? Is 1.5 that different from 1.8? At 2.5 nothing stays in comprehended.
    • VF
      Vassilios F.
      13 October 2020 @ 04:40
      @David T. you train your ear to comprehend faster and faster speeds. I could barely keep up with 1.5 when I started. Now, there are many youtube videos I watch at 2.7 or 2.8x. And yes, this is worth it. The difference between 1.5x and 1.8x is .3, which is 9 minutes saved on a 60-minute video. 9 minutes x how many videos you watch per month adds up!!! Trust me, this is one of the best things you could do to get back time in the day.
  • DG
    David G.
    13 October 2020 @ 04:38
    I watch almost everything, because I need to know what I don't know. I have learned a lot! I pretty much watch everything that isn't crypto. I think that is its own world. I am comfortable owning Gold and trading gold ETFs until I have the time to understand that ecosystem. As long as You have the 1.25, 1.50, and 2x speeds, its not too much. Too much is what David Rosenburg puts puts out. I wish he made a audio version so I can 1.5x or 2.0x while I get the kids ready. Please let him know. I signed up for the 30 day trial after the interview that was done with him. I love his content, but unfortunately, it's too much to keep up with daily, if I have to read everything. Maybe I'll learn to speed read someday. He should sell a once a week version at a quarter of the price. I would love to know his thoughts once a week. Maybe a partnership where he talks on RV once a week and offers an exclusive once a week version of his report to RV subscribers at a nice discount. Mine should be free, since it was my idea. Closed mouths don't get fed. FEED ME!!!!!!!!!!!!
  • MR
    Michael R.
    13 October 2020 @ 04:25
    Ideas for improving video content: - Allow users to create playlists (eg. Equities, Bonds, Crypto) -- Ability to share playlist would be interesting. - Add sorting and filter by date options to the all video grid view. -- I'd appreciate sort by popular (defined as up votes minus down vote) filtered by last month. - Hide watched videos by default.
  • DC
    Derek C.
    13 October 2020 @ 03:44
    I like all the content, I just wish the front video page was better organized. Maybe there isn't a way to organize it well for everyone? Maybe customizable video feeds? That way i can at least have what i deem to be priority at the front. RV is great though, thanks.
  • LF
    Liam F.
    13 October 2020 @ 03:25
    First, let me first say that I very much appreciate the content, the quality, and the broad and thoughtful discussions on RV. That said, I also find the search/find/filter capabilities of the site to be shite. Basically not much there. What about meta-tagging the content of videos in such a way that we can use these as search criteria (ala eCommerce)? Imagine if we could search using tag criteria like "Gurus, Portfolio management, Retirement", or "Crypto, Metals, Macro" It seems you've started going down the tagging path in The Exchange with the postings, but this is a self-driven tagging. The corresponding ability to use these as multi-faceted search isn't there (yet).
  • MR
    Michael R.
    13 October 2020 @ 03:20
    In response to the “embarrassment of riches” I’d like to chime in as a new subscriber. To me this debate is similar to having a preference for a small community library vs going to the Library of Congress. It may be more easy for me to navigate my local library, but half the fun is finding your answer and half the fun is browsing though the stacks. RV is unique in contemporary media in that I will happily watch videos that are mot only a day old or a week old, but the value of the videos has me going back as far as I can on interesting topics. I’m very grateful for all of the creative and inquisitive minds on the site.
  • WM
    William M.
    13 October 2020 @ 03:00
    Ash and Ed are such pros. It's a real pleasure to watch.
  • RS
    Robin S.
    13 October 2020 @ 03:00
    I would never think that there is a case to say quality over quantity as I find pretty much everything I watch of the highest quality. I like the steering in to interviews that you get from RVDB and the curation idea in general is a great one so more of that would be an excellent value add.
  • PB
    Paul B.
    13 October 2020 @ 02:38
    Yep can barely get the time to watch the DB
  • GF
    Gordon F.
    13 October 2020 @ 02:36
    I definitely want to keep the option to see everything, but if you add curation options for those who want to restrict their topics, that would be fine. Just make the controls clear. I also want to push back a bit on those who want quality over quantity. The general quality level on RV is quite high, and you can't always tell ahead of time what the quality level is for a particular interview, or how different people may value it. Due to time constraints, I tend to read the comments first to decide if I want to watch something, but I have also been pleasantly surprised by episodes that had a number of negative comments, but that I found quite good. And when I say that "you" can't always tell, I include the RV interviewers and editors in this collective you. I am sure that there are some interviews that never get posted, and for good reason, but I recommend that RV be generous in posting episodes. And on a final note, when you have a live interview, please enable the comments below either during or immediately after it airs. I understand that it takes several hours to get the episode ready for viewing as a recording, but when I watch a live episode, I often want to comment right then, but by the time the comments are enabled, I have forgotten what I wanted to say, or I simply don't return to comment.
  • mf
    massimo f.
    13 October 2020 @ 02:36
    I think copper price being high has a lot more to do with supply disruptions in the big chilean mines as opposed to economic growth.
  • QS
    Quenton S.
    13 October 2020 @ 02:35
    Don't change anything! As long as you guys aren't sacrificing quality for quantity, keep up the good work!
  • SM
    Stephen M.
    13 October 2020 @ 02:01
    Ivery much enjoy all the content; certainly I can't get to all of it. A very good problem to have RV! keep focus on quality content delivery and the users will figure out based on descriptions what we consume. In every video, I learn something and thinking processs is challenged.
  • MB
    Mark B.
    13 October 2020 @ 02:00
    I agree with the viewer who said there's a firehouse a content now and it's too much to keep up with. I'd say focus on quality over quantity. I enjoyed watching every video you published and got a ton of value from each one. Now I skip a lot of content.
  • sc
    sung c.
    13 October 2020 @ 01:54
    What's up with all these naysayers who are complaining about too much content? Just watch what you want and don't watch what you don't want; it's that simple. As for me, I've learned more often from watching videos I didn't expect much from or had no bias on prior to watching. Don't expect RV to spoon feed you exactly what you want because every investor is different. It's a serendipitous journey that often brings the unexpected gem, and that can make all the difference in investing as in life. Keep it up RV! The more the merrier.
  • SN
    Stefan N.
    13 October 2020 @ 01:52
    I would love to have Cathie Wood from Ark Invest interviewed. Her bullish vision of innovation in Fintech, genomics and automated driving would serve a great balance against a fairly bearish group of current contributors. She is also in the crypto space which would fit nicely as well.
  • bm
    bill m.
    13 October 2020 @ 01:42
    I guess Raul looking for some fool to buy his $17,000 bit coin.
  • LT
    Lisa T.
    13 October 2020 @ 01:20
    I love the amount of content. The descriptions are extremely important to me. If it is a topic I'm not familiar with or something that takes more concentration I make sure to have the transcript handy for reference and notes. For things that I'm familiar with I speed up how fast it plays to 1.25 or 1.5 and listen to it when I'm on the treadmill. I like the variety and the depth you go into.
    • LT
      Lisa T.
      13 October 2020 @ 01:21
      One addition to the above. I so try to watch everything that is put on RV
  • BE
    Brandon E.
    13 October 2020 @ 01:20
    Great amount of content.....yes a TON, to much for me to watch it all. But totally agree with Ed, I am finding investment opportunities to investigate that I would not have discovered without the full offerings of content. Helping my investing and portfolio. Thanks! Brandon
  • NL
    Nikola L.
    13 October 2020 @ 00:55
    AC Milan!!!
  • CT
    Charles T.
    13 October 2020 @ 00:38
    Ed, I'm glad you brought up the content question. My suggestion is to work on raising quality standards instead of adding additional capacity. Take the old GE model and cut the bottom 10% each year. If they are a bottom performer send them back to the championship league or CNBC. One hour-long discussion with John Burbank per month is worth more than 100 average videos. I'd rather see the editor's pick videos not have anything new for two weeks then include filler.
    • DT
      David T.
      13 October 2020 @ 00:47
      John Burbank can talk about his childhood or stock specifics or trade or ideas and vision he has of the future. That's where the differences are in the content.
  • TW
    Todd W.
    13 October 2020 @ 00:44
    There is a lot of content but I would rather have more than less. If you could curate with editors choice and recently added that would be perfect. For crypto, I like the macro crypto videos and major interviews being in editors content.
  • MS
    Mark S.
    12 October 2020 @ 23:23
    Ed, Ash - Still would like to have a RVDB provide an Asian markets perspective, ala Roger. Would like you to consider @Trinhnomics from Twitter (good charts, thoughtful takes). @Ash - Where is your interview with Meltem from the recent Cyrpto Gathering? I don't see it on the vimeo site. It was my favorite interview as she discussed so much that I never thought about. Is RV going to move those into the site anytime soon?
    • AB
      Ash B. | Real Vision
      13 October 2020 @ 00:43
      Thanks, mark. It’s buried somewhere in one of our events pages. The system never properly indexed those interviews so they would be searchable. Let me poke around to see if I can find it for you.
  • MC
    Michael C.
    13 October 2020 @ 00:39
    Sunderland till I Die. On RV. Fantastic!
  • MD
    Matt D.
    13 October 2020 @ 00:35
    I would prefer quality over quantity. People trust the content on RV and a lot of the members are experts in their own right, and would get disappointed if there are half-baked ideas being presented. Someone mentioned it below very well about the different age groups and how we approach content these days. I am happy to be exposed to new ideas to stretch my thinking or worldview (so not to have a Twitter like feed where I only get my own interests reinforced). I was thinking about some of the comments recently - people have exposure via RV to the best of the best - and every week a new legend almost - yet they still seem dissatisfied? I can't work that out.
  • DT
    David T.
    13 October 2020 @ 00:31
    Yes, there is too much content. Too much crypto also. Some of the content is good for investment ideas and some is good for Discovery or History channel. The interviews should be for a specific category of content. Some interviewees talk about very specific trade strategies, techniques, asset classes, etc... and some just tell their general story and experience as CEO or hedge fund manager.
  • JN
    Jerrick N.
    13 October 2020 @ 00:25
    I like the large quantity of content because I have lots of time on my hands so i watch everything
  • DT
    David T.
    13 October 2020 @ 00:16
    FIFA and UEFA are totally corrupt organization that are destroying soccer in Europe.
  • ds
    durgesh s.
    13 October 2020 @ 00:14
    I think it is true to not have too much of content ; however i think the great interviews with known and unknown guys you can get not only to the followers but also get them to speak for as long as you do it matters ........ at times it becomes an archive which you allow to see and read later so keep going just make sure quality remains high while quantity is on the rise
  • PB
    Paul B.
    13 October 2020 @ 00:14
    TL;DR KEY Theres nothing worse than running out of content on a subscription model service. you wont loose members having too much good content. It's currently a world built on complex algorithms. Everyone consumes differently - the risk of high levels of content, is loss of quality - and RV has maintained and continues to improve on an excellent level of quality across the board. From a business model perspective - as long as it continues to be beneficial to do so, - many people long for a return to value for money - which RV clearly recognises and provides; and in the brilliant fashion that enables all participants - founders, hosts, staff and members to benefit and learn in a resource pooling fashion across multiple spheres of market drivers and dynamics in levels of content, in-depth interviews and engagement across fields they may otherwise not have exposure too. While the older generation may get consumption blindness from being educated in an information pull environment - younger generations are used to, and have grown up with, multiple streams of information in a constant stream push format which has enabled them to develop an advanced 'what interests me' filter in compare. (i.e. in traditional terminology: above versus below the line media delivery ; e.g. reading the newspaper and watching television VS reddit, facebook, youtube, Voat, Quora, Hacker News, News vine etc. ... where the pooling of multiple streams of different perspectives to formulate individually constructed opinion and unique perspective is more favoured over simplified, streamlined or single format informative media. ) Curation at this stage is clear and purposeful with enough leading information to prompt exploration. While it is likely to evolve of course, currently its ~ related video based on topic and relevance format ~, is enjoyably functional and in some cases where members are less educated on certain topics, extremely useful to learn how broader subject areas and sections of the market interact, and highlights where to go next to continue to learn and explore in a fluid ( 'joining the dots' ) style. Suggestion: Bullet point style video descriptors ( in sub-sections and emails only as to not over burden load or visually crowd the top level pages ) would allow a quick scan of and for content within each video, to enable the viewer to quickly gauge likely level of interest. This may provide stronger direction or clarity for those finding themselves getting too deep down a particular rabbit hole. And which may be additionally beneficial to developers building the platform to use as pull words to aid in content search algorithm parameters, SEO advertising across multiple SE long tail algorithms to expand user base - and which could additionally prompt and provide fresh insight on subject and content categorisation moving forward.
  • RM
    Robert M.
    13 October 2020 @ 00:09
    Don't think the amount of content is the issue, particularly if you are an Essential member. Key is length of videos. To Ash's point of "don't have the time", I find this with podcasts, some of which can run close to 2 hours. Hard to schedule those into listening schedule. And while RV videos don't run that long, there are some that I dump out of and just read the transcript quickly. When you interview a Gundlach, I don't mind the +1 hour. But Economic Dignity at 53 minutes, dropped out of that one. And as I have shared in the past, you really overcomplicate your product line. If you want to do a crypto channel, just run it as a separate subscription and see if there is enough subscribers for the content to support it. If not, fold it in to the regular subscription. But for regular subscribers, we may not want an overload of crypto content, so you will need to balance. Leads to a bigger question of how do you cover multiple asset classes, i.e. commodities, real estate, crypto, gold, or do you focus on major markets in equities, bonds, and international with periodic interviews on smaller classes.
  • LS
    Lewis S.
    12 October 2020 @ 23:56
    Ed Harrison is a bitcoin bull bull bull?
  • MD
    Matt D.
    12 October 2020 @ 23:53
    Excellent RVDB, thanks Ash and Ed. Cannabis very interesting - I went off it (trading it) a few years back as the political regulation was too random. Very interesting too how websites are becoming so 2020. Decentralised intel. Hard to keep up - which is why your comments are so helpful. Funny with sport the more socialist countries have a more capitalist sports hierarchy, v the US the opposite.
  • dl
    donald l.
    12 October 2020 @ 23:45
    As long as the video description is accurate and detailed enough, you can trust most RV members can then easily self curate. not many are interested in everything. Do you have the staff available to read all member posts? If so, are you selecting the 'best' and somehow highlighting them? I'm certain there are some valuable posts hidden for example in 'replies' to posts. You might think of doing a regular vid highlighting Exchange activity and important posts. All I have for now.
  • ME
    Michael E.
    12 October 2020 @ 23:38
    URANIUM! Come on guys!
  • AB
    ANDRE B.
    12 October 2020 @ 23:31
    I love the amount of content. I can't watch everything, but if RV starts trimming content, you never know whether they'll trim exactly what you would like to see. I can't imagine that someone who used to watch some or all the videos will no longer watch anything simply because there is a lot more content lol. Just filter out what you don't want; it's not like there're 10 new videos every day...
    • AB
      ANDRE B.
      12 October 2020 @ 23:34
      That sounds like complaining that you have so much money that you don't know where to spend LOL