Got to take chances. That's INAUDIBLE in our racket.

They said well, Standard amp Poor's or

Take the crowd and apply them to the information.

Moody's did the work.

And then finally you have the ratings agencies.

It's your change for selling me the ring.

The new model will be priced at 12,000.

On one side financial, on the other side social.

I'm just kind of making this up on the fly.

Because this person is the most secure, the ratings agency, which I'll probably do another whole series of videos on,

It's really not a normal structure.

You should not play on his generous nature.

You had better not play on his generous nature.

Risk

is

Risk

The teacher concluded that Tom would pass the exam.

After you look at the door upstairs, could you get the last of the window bars up today?

And risks are always risks.

Then a lot more people said, well these are super safe.

Moody's is one of the ratings agencies, and they rate

Though I'm unaware of your personal qualifications.

And we've done some market study or we just know how the price is or how the demand is related to price, or price is related to demand.

(Laughter)

I'm gonna blow 'em to Timbuktu Yeah, but Millie's in there.

Type of risk

You must associate with people of good character.

It's high risk, extremely high risk.

Come off it!

Stop showing off!

Don't show off.

But anyway, the whole point of this video is, is when you have these asset bubbles, like in real estate, and you have this downplaying of risk, and this psychology that an asset class can only go up.

But I think you get a sense of what's happening.

Well, a poor understanding.

He is not a man of God.

One, the people who invested in this company, they didn't realize the risk.

I'm now supporting Stewart's position, softly, from a risk management standpoint, agreeing that the risks of overheating the planet outweigh the risk of nuclear incident, which certainly is possible and is a very real problem.

Imagine if we could create the world's first rating system, in which we could score foods according to their antiangiogenic, cancer preventative properties.

10 years ago there, were very few countries that received sovereign ratings from the Standard amp Poors, Moody's and Fitch's.

Which means I've passed already!

So I'll pay 2 per share, which is a little bit of premium over the market value at the time, which was 1.

And by rating it and by rating the different people who submit information, we can get refined results and weighted results.

And I already told you that these assets are identical.

We are not encouraged to take risks as educators, right?

I'll take my chances.