Hellow guys, Welcome to my website, and you are watching Explaining the NYSE Glitch That Tanked Berkshire Hathaway by 99% in ONE second. and this vIdeo is uploaded by Preet Banerjee at 2024-06-03T16:59:57-07:00. We are pramote this video only for entertainment and educational perpose only. So, I hop you like our website.
| Name | Explaining the NYSE Glitch That Tanked Berkshire Hathaway by 99% in ONE second |
| Video Uploader | Video From Preet Banerjee |
| Upload Date | This Video Uploaded At 03-06-2024 23:59:57 |
| Video Discription | In today's video, we dive into the shocking moment when Berkshire Hathaway's stock plummeted 99.97% in a single second due to a glitch in the market. What caused this massive drop? And what exactly was the glitch? I'll break down the events leading up to the crash, explain the technical glitch that caused it, and discuss the aftermath for investors. Plus, we'll look at the broader impact on the market, including other affected stocks like Chipotle and Barrick Gold. Learn about the Consolidated Tape Association (CTA) and the Securities Information Processor (SIP) that played a crucial role in this event. We'll also discuss the NYSE's reaction and the policies on "clearly erroneous transactions." Don't forget to like and subscribe for more insights into financial and investing literacy! Timestamps: 00:00 - 00:57 Introduction 00:57 - 01:46 What Happened to Berkshire Hathaway's Stock? 01:46 - 02:14 Funny Memes 02:14 - 02:45 Would you be allowed to keep shares if you bought? 02:45 - 04:31 Explanation of the Technical Glitch 04:31 - 05:28 Summary 📢 Share your thoughts in the comments! Have you ever experienced a trading glitch? Would you like a video on historical stock market glitches? Let me know! WATCH MORE OF MY MOST POPULAR VIDEOS: When does renting make more sense than buying a home?: https://www.youtube.com/watch?v=KAMeI4uHAFE How to calculate your Net Worth: https://www.youtube.com/watch?v=KhSnNtdYR9Y How to find more money to save: https://www.youtube.com/watch?v=Tl-e7tIgcl0 My podcast about "Mostly Money" things: https://www.buzzsprout.com/5821 ABOUT ME: I've hosted a personal finance TV show on the Oprah Winfrey Network, used to be a stockbroker, went to school to become a racecar driver (failed), founded a fintech company that provides financial planning software to financial advisors who want to help more people who don't have lots of money, and I consult with wealth management companies on commercializing applications of behavioral finance. I'm also quite fond of donuts. SUBSCRIBE FOR MORE VIDEOS LIKE THIS: http://www.youtube.com/user/preet182?sub_confirmation=1 MY BOOK TO LEARN ABOUT THE BASICS OF PERSONAL FINANCE: https://www.amazon.ca/gp/product/0143183516/ref=as_li_tf_tl?ie=UTF8&camp=15121&creative=330641&creativeASIN=0143183516&linkCode=as2&tag=whercom-20 FOLLOW ME ON TWITTER http://twitter.com/preetbanerjee WEBSITE: http://www.preetbanerjee.com #MoneySchool #PersonalFinance #LearnAboutMoney #LearnToInvest #money #stockmarket #finance #howtoinvest #budgeting #budget #savemoney #insurance #financialplanning |
| Category | Education |
| Tags | Berkshire Hathaway | stock crash | stock market glitch | investing | stock market | Warren Buffett | NYSE | trading halt | securities information processor | CTA SIP | market crash | erroneous transactions | high frequency trading | Chipotle stock | Barrick Gold stock | Bank of Montreal stock | market volatility | technical glitch | trading error | investing education | market integrity | Preet Banerjee | stock broker | investing tips | financial news | trading tips | NYSE Glitch | BRK.a |
