Jens Nordvig dice que los bancos están confundidos por el MiFID

The video discusses the impact of MiFID on market practices, highlighting the shift in pricing strategies by banks and the uncertainty surrounding regulatory limits. It explores the challenges faced by investment banks with lower-quality research departments and emphasizes the importance of unique content in research to maintain value and demand.

What is the main issue banks are facing with research pricing?

• They are struggling to find analysts.

• They are facing competition from new banks.

• They don't know how low they can set prices before regulators intervene.

• They are unsure about the demand for research.

Which type of investment banks might struggle the most due to changes in research pricing?

• Banks with top-class research departments.

• Banks with large marketing teams.

• Banks with subpar research departments.

• Banks with a focus on retail banking.

What is expected to happen to low-quality research in the market?

• It will be regulated more strictly.

• It will be more expensive.

• It will be phased out.

• It will become more popular.

What is crucial for getting paid in the research industry?

• Publishing frequently.

• Having a large team.

• Focusing on short-term trends.

• Offering unique content and perspectives.

What are some ways to create unique content in research?

• Focusing on short-term gains.

• Providing unique data and long-term perspectives.

• Copying successful reports.

• Using common data sources.