Telis Demos
speaker
656 appearances
10 recordings
1 series
first heard Jun 2018
last heard Dec 2024
Telis Demos’s voice in public audio — every appearance, attributed to the second.
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Appearances
Thanks for having me.
voice-verified
Your Money Briefing.
So when you think about a bank, you think about the usual things that a bank does.
It lends money.
You deposit money.
It gives it financial advice on financial transactions.
But one thing that people don't appreciate about Wall Street is that a big part of their business is the content business.
It's the research notes they sell.
It's the advice that they give.
All of those things are content businesses in the same way that a newspaper or a social media company is.
They're giving you information and a platform on which to consume it and share it.
And so like other content businesses,
Wall Street is facing some of the same pressures to figure out how to monetize that.
And like newspapers, like social media companies do, they think, well, if we better track and understand what people are doing with our research, right, A, that they're not just taking it from us and then giving it to other people for free.
They want to make money from it.
And number two, that they're giving people what they want to read.
Yeah.
I mean, on the one hand, of course, investors want to see the bank as their partner.
They want to talk about ideas with them.
They want to get good ideas from the analysts or salespeople or traders at the bank they talk to.
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