If he wants to be taken seriously, why isn't he wearing a silk Hawaiian shirt standing next to a Lamborghini with an Ocean view behind him? And sexy girls nearby.
The rule of finance: if the explanation for why a position is worth buying or selling isn't boring, it's probably not true and you should look more into the depths. Finance documents suck to read and make sense of, but anything else is kind of just gambling.
Boring for you maybe, I graduated in finance and I'm sometimes having a blast analyzing financial statements. I would not have chosen my career if I didn't find my work to be interesting.
Re: “If you’d invested back then you’d have this much now” - there’s also this thing called reversion to the mean, also illustrated by phenomena like ARKK Innovation or the Madden Curse. Someone has a great year, better than anybody would have expected, so they suddenly get loads of press coverage, endorsement deals, new investors, or whatever. Before jumping on the bandwagon, remember that their great performance was noteworthy _because_ it was unusual. True, it may represent a turning point in the player’s career or the emergence of a brilliant fund manager, but often they just had one good year. After that they go right back to being average, sometimes worse.
FYI to anyone curious, the analogy of the buyer and the broker comes from the Wealthy Barber Returns (at least that’s the only book I can recall that contains it).
On the topic of trading speed: someone paid to have a direct line from NYSE to Chicago for a tiny decrease in ticker delay to trade before CBOE got the data.
Girls see edited bodies and stress that they don’t look the same, guys see dumb-luck millionaires and stress that they don’t have the same at 19. I prefer what you said - don’t stress, you’re doing fine.
99% of these tiktok/influencer “millionaires” are either doing a fake it till you make it lifestyle (renting or borrowing things) or are just straight up trust fund babies/have rich parents parading like they did it themselves. An example is Dan Bilzerian where he said he got his money from professional poker but in reality he an armature who was a trust fund baby. Comparing yourself to those on social media is a fools game, because 99% of it is either fake or showing you selective snippets to craft an image.
I love the Conscious Observer Effect (AKA Heisenberg Observer Principle) when someone is aware people are watching them, so they end up watching themselves and end up influencing their own actions.
Nikola, Enron, Theranos, all of these companies would of been in these lists to invest to only turn out to be scams, not to mention companies like Nokia, Atari, Blockbuster, companies that were legit, but just made some bad decisions and completely fell through, but are in the innovation industry and would of also been part of these pitches. Easy to guess when everything's going great.
“Me stressing about becoming a millionaire” Jesus Christ how out of touch are these teenagers!? 😳 What did their parents feed their brain? Who thinks like that? Wow! Just wow!
There's an epidemic of influencers and fake gurus who implant this idea that they are/you can be rich in your 20s by trading, and actually rich people reinforcing the idea that if you aren't rich and successful it's because you didn't GRIND hard enough or are lazy. That is the fiction that out system pushes.
They're like home improvements. You shouldn't buy chew toys with the expectation that their value will increase beyond what you spend on them. You should buy them because you like gnawing on them.
So weird seeing 19yos stressing over being a millionaire by 21. I was passed out drunk in a coat check at 21 after an all night house party hop. Dude go have fun in your early 20s to hell with being a millionaire.
Most hilarious part is that the 19 year olds that are millionaires by 21 or earlier are children of billionaires. Nobody becomes a millionaire overnight, especially if you're an Average Joe.
Hey @The Plain Bagel! Can creators have a say in what type of advertisement gets played to their viewers? I ask this because it is sort of inevitable that your videos are shown next to extended versions of the sort of fake scam titktok you've watched. I wonder if RU-vid cares
Hi! My understanding is that if we have the specific link to the ad we don’t like we can block it. Unfortunately blocking one link doesn’t mean others won’t pop up. But if you see something truly heinous please dm Richard on Twitter or something!
I always thought that insider trading positions/information was backwards looking (previous quarter). By the time you're viewing the information, they might not be holding the same position (s) anymore!
As of January 4, 2024, price update on the first guy's stock picks relative to when he posted that video. $TSLA: down by 8.8% when adjusted for Tesla's stock split. $WKHS: down 99.0% $GM: down 29.7% $IDEX: down 99.6% when adjusted for Ideanomic's reverse stock split. So, yeah, not great.
Even if they show their entire portfolio... past performance is not a good predictor of future performance, even for top hedge funds (they tend not to be in the top funds 5 years later).
5:15 admirable as that explanation is, liquidity on ERC-20s (which is definitely what those boys had in their wallets) is based on CFMM, which means that the only way they could acquire those tokens without buying them is through an airdrop or minting it. But all tokens rightly bought from from the Liquidity pool are 100% liquid. The scenario you described is certainly possible with L1 tokens but not ERC-20s.
Thanks for checking out the channel :) Not to peddle another video, but I covered some tips for the CFA with this older video: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-L3WCw8SUxXk.html
I can't tell you how many of these I've seen where the person is just saying how much money you would've made if you invested in a company after it happened.
I know this video is old but the part about insider trading: I am confused on why this is not regulated the sam as when athletes are not able to bet on games they influence. Do these executives and congress people not influence the companies??
People need to play World of Warcraft. The Auction House taught me a lot about how investors basically just exist to fuck up prices for the rest of us.
@8:47 If you bought $1000 worth of Telcoin on November 19, 2021 and sold today on September 7, 2022, you would have lost $930.00.... a 93% negative return.
11:04 this is interesting because I know you're not supposed to manipulate stocks or tell others but if you have a stock that you know is gonna dip horribly, are you just supposed to wait?
I actually personally think that Tesla was a great idea but buying the stock itself currently is not a smart idea and I wouldn't currently invest in the company simply because Elon sold a lot of stocks wich means something fishy is going on and the p to e is about 300 Wich means that the stock is most likely insanely overpriced and as a teen who is currently studying how to do value trading I wouldn't put it in my portfolio
hey I've been watching you for 1 year now and haven't heard you talk much about crypto, maybe you should do that more often. I'm interested how you view the money market
"I made 17% in one day!" ....So many have done this. my biggest question is.... And how much did it go down the next day, and did you panic, or stick to your guns? This is why I just buy VGRO and don't pay attention to news or whatnot.
3:14 This would be true if we lived in a efficient market but we don't. Bernard,Thomas,Jones and Litzenberger proved that prices are gradually adjusted to the new information.
So, I’m genuinely curious. After a lot of these videos you would say “not enough information to justify a stock buy”. So what should I be looking for to justify a stock by?
Bryan, hello. Could you please explain (or make a video) on which key parameters you pay attention during your analysis of a company? Is it P/E ratio or something else? Thank you in advance
There are usually a few key parameters to pay attention to, and they can vary from company to company. For example, the intrinsic value and the book value are very good metrics to look at alongside the P/E ratio. I like to look at market cap and see based on what technology or service the company offers, where I might see that market cap going to. Revenue and profitability over time are also good ones. Aside from statistics though, it's also worth looking at the company's management and track record, as well as their place in the market. For example, I don't like investing in very large companies because they don't really have too many places to grow anymore. For example, General Motors has already saturated its market, if we see large swings in their stock price it'll solely be down to speculation rather than fundamentals, whereas smaller companies can still expand because their market niche might not have been filled yet.
You pay attention to EVERYTHING. There isn't just one thing, or even many, that you pay attention to, it's EVERY ASPECT OF THE BUSINESS. It isn't simple and shouldn't be assumed as simple. It's complex and takes time.
