Finance Lessons from Billions - Episode 8

TLDRLearn about the finance lessons from episode 8 of Billions, including how Bobby made millions on 9/11, the importance of panic rooms for billionaires, and the government investigation of Bobby's portfolio manager.

Key insights

📈Bobby made $750 million on 9/11 by shorting stocks and buying put options on European airlines.

🔒Many billionaires in finance have panic rooms in their offices and homes as a precautionary measure.

🕵️‍♂️The government is investigating Bobby's portfolio manager Donnie for insider information.

🧩There is a twist at the end of the episode where it is revealed that Donnie is working as a double agent with Bobby.

💼The episode accurately portrays the financial industry and its practices, but some details may be exaggerated for dramatic effect.

Q&A

How did Bobby make $750 million on 9/11?

Bobby made $750 million by shorting stocks and buying put options on European airlines before the 9/11 attacks.

Why do billionaires in finance have panic rooms?

Billionaires in finance have panic rooms as a precautionary measure in case of emergencies or threats.

What is the government investigating in this episode?

The government is investigating Bobby's portfolio manager Donnie for insider information.

What is the twist at the end of the episode?

The twist at the end of the episode reveals that Donnie is working as a double agent with Bobby.

Is the portrayal of the financial industry accurate in this episode?

The episode accurately portrays the financial industry and its practices, but some details may be exaggerated for dramatic effect.

Timestamped Summary

00:00The episode discusses finance lessons from episode 8 of the TV show Billions.

01:55Bobby made $750 million on 9/11 by shorting stocks and buying put options on European airlines.

09:19Many billionaires in finance have panic rooms as a precautionary measure.

11:45The government is investigating Bobby's portfolio manager Donnie for insider information.

13:00The twist at the end of the episode reveals that Donnie is working as a double agent with Bobby.