Comments by "Supernova" (@MrSupernova111) on "The Plain Bagel" channel.

  1.  @thatguyshaq7053  . Do you understand the difference between theory and applied knowledge? There is nothing useful in this channel for people who actively manage a portfolio. You don't need to watch hundreds of youtube videos that all lead to the same conclusion (for dummies) - diversify. If the plain bagel could run a multi billion dollar fund profitably he would do it. Instead, he reads a script on a youtube channel. This channel is nothing more than financial entertainment like the rest of them.
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  2.  @ThePlainBagel  Its entertaining. What can I say?
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  3. I have a degree in finance and even so I thought myself how to use Excel. I started by taking on projects like building DCF models and performing market analysis. Then I read the Excel Bible from front to back. Today, I'm doing work projects that include using Power Query to handle as many as 500k+ rows of data - something that Excel functions can't easily handle with that much data. Next, I plan to teach myself VBA using books and youtube videos. Excel is rather easy to learn if you assign yourself projects and start working with the program. The rest you can learn for free using google. Exceljet is a great source for referencing functions and Leila Gharani on youtube has great content among others.
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  4. Companies buy (retire) and issue shares all the time. Ever heard of buybacks? How about stock splits? Also, note that the shares you buy and sell over your app are from a secondary market. As our friend the plain bagel mentioned the firm can raise money by issuing more shares (equity) but they can also raise money through debt (bonds or loans). Most people who trade stocks have no clue how all this works but are out there buying and selling stocks clueless of the mechanisms that affect their stock price. There is also something called the float which is a portion of the total outstanding shares available for trade. You should look up all this stuff if you're interesting in trading company stocks.
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  5.  @xen.7140  . Clueless!! hahaha. Try comparing this economy with a similar one. The market is driven by the economy. Not the other way around. LOL
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  6.  @sml6570  . People should stop pretending that they understand security analysis and much less economic theory. I have no problem calling out people who clearly don't have a formal education in subject matters like finance and economics then brag about investing. The people that commit suicide over the stock market are YOLO investors. There is nothing you or me can about addicts and irrational people.
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  7. Obviously, this topic isn't "super clear" when you're asking a very basic question about stock options.
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  8. Because the USA was left as the biggest producer and lender while the rest of the world was left in ruins.
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  9. That's also an easy way to get in trouble with the IRS because its to easy to start adding things that aren't necessarily business expenses to the list. Also, a business requires that you maintain and pay for a license so the benefit would have to offset the cost. If you never make a profit but continue claiming tax credits its only a matter of time before the IRS comes knocking at your door.
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  10. Bro, I think you're confusing things. Volatility is risk - the risk of losing money. But the two charts you showed at 3:50, assuming they are multi-year charts for company stocks, reflect the valuation of future cash flows. We could argue that pricing captures both risk, in the form of volatility, and valuation of future cash flows. I wonder what your boss would say about your video and I wonder how he would react when your clients start asking for more in depth market research and security analysis because you felt that pricing doesn't capture risk.
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  11.  @pazuzuxx  Damn boy!!
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  12.  @walnutinvesting689  What the hell is FIRE??
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  13.  @walnutinvesting689  . Ok. Thanks!
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  14. The Plain Bagel did a video on the Fed recently where he talked about Federal Reserve Dollars. Look it up. I think it indirectly answers your question. In short, USD is funny money anyway so I think it just gets retired. Good question!
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  15. 0:54 "Simp?"
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  16. Fear is exactly how religion and politics work. If you scare the population to death you can get them to do anything. Just look at the insurrection at Capitol Hill in the USA.
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  17. As an American I have a couple of questions. Does your pension allow you to choose investments? Also, do you know what the typical asset allocation for UK pensions look like? Pensions in the US usually have a guaranteed fixed income during retirement so I don't see how making asset allocation choices make any difference to the retiree. Also, I believe most US pensions are funded by PE but I could be wrong on that. Do the majority of mortgages in the UK have adjustable rates? In the US most mortgages have fixed rates. Thanks!
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  18. I have a degree in finance with a strong focus on security valuation and I think this video is conflating valuation of future cash flows with risk. I argue that current and past pricing captures both. Regardless, someone with formal education shouldn't be making investment decisions purely on pricing. For this we need market research and security analysis which can get overwhelming when you're discussing portfolios that hold 100+ investments. Hence, the reason why we use pricing to talk about pricing as volatility.
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  19. Come to Central Texas. You'll experience extreme heat and high humidity. The best of both worlds!
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  20.  @beckyweisfeld6977  . Sky news and France24 are also great.
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  21.  @itscocoasweetheart956  . Thank you! Finally someone paying attention. The problem is that 99% of comments are from people who don't work in the industry and don't follow finance closely through reputable sources like FT or WSJ. This video is a very watered down version of what happened and downplays the significance of these bank failures. People should be very afraid if more banks fail in the near future.
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  22. Good video. Thanks!
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  23. Good video. Maybe you can do a video comparing the asset allocation of pensions across countries such as the US, Canada, and the UK. From what you said it sounds like UK's pensions are mostly funded by bonds while in the US I believe private equity makes up the largest portion of their assets.
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  24. Finance is boring by nature. People don't want reality. They want fantasy and that's what they get with the Wolf of Wall Street.
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  25.  @samsonsoturian6013  . Where is he now? Free and still scamming people.
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  26. Good video! However, please turn down the music in the future. Also, this video left out how to achieve retirement financial goals which is the hard part. In my opinion, the online calculators are nice but there is no substitute for entering all this data in a spreadsheet to calculate savings year by year and arrive at a more realistic figure at the time of retirement. How much do I need to save every month to achieve $1.7 mill in retirement? That's the question that matters most.
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  27.  @13loodLust  . Because retail investors don't invest billions of dollars into a single stock and have zero chance of moving the price with their own trade. A hedge fund trading billions of dollars might want to trade in a dark pool for privacy issues or to prevent other firms from copying their trades.
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  28. You should have paid more attention.
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  29. Sure. But remember that the markets can remain irrational a lot longer than you can remain solvent. Good luck! LOL
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  30. ​ @matthewdrews  . 12:34 Less than 24 hours after this video was published another US bank failed, (third largest in US history), First Republic get's a $70 billion infusion and the FDIC and Federal Reserve announced that they created Bank Term Funding Program to fund future banks at risk of failure. Clearly, SVB's failure wasn't contained or isolated. Seems the US Federal Bank and Treasury Department agree.
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  31.  @deepmind3996  . Good question, but I doubt you'll ever get that kind of technical information in youtube channels.
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  32.  @VirtualDarKness  . Thank you so much for the response! Cheers!
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  33. Do you recall how the market did in the mid 70s when inflation went from 3% to 12%? Let me juggle your memory. The market dropped in half.
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  34.  @michaelswami  . Let me be clear. You're wrong. For one, we can both agree that everyone's financial situation is different so this notion of "staying the course" is meaningless. But, more to the point, losing half of your net worth at any point in time is never "OK." That's like arguing that you don't mind being robbed of half of your net worth because you can make it up later. I would assume that because you watch channels like this one you are interested in actively managing your retirement account whether you employ simple or sophisticated strategies. If you're just blindly dumping money into your retirement account and hoping for the best then you're not really managing an investment account and it would seem pointless to continue this discussion. Good day!
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  35.  @michaelswami  . If you want my take on the topic of this video look up my other comment where I listed my takes on the current economic situation. Enjoy your day!
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  36. The buyer doesn't need all the shares - just the majority or more accurately the majority vote. The buyer can influence enough stock holders to force the company to sell. I've never been in such a situation as an investor but trades are usually done electronically like anything else. My guess is that when the company officially goes private your shares will be forcefully sold and you get your money back in your account.
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  37. Thanks for the "money and banking" college course refresher. Cheers!
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  38. That's my next goal. Did you use Excel's Power Query to pull the data directly into Excel? How do you keep your file organized and not copy over old data with new data? Or do you just replace the entire time series each time you load the file?
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  39. That's true. But I think the video is saying that derivatives were used to leverage the investments so when the market crashed pensions had to sell their positions to cover the loses.
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  40. There is an argument to spread your wealth with different institutions. Wealthy people would never trust all their money to just one institution. Why should we?
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  41. In the US there are different types of pensions and they have different levels of risk. A pension from a for-profit company is vastly different from a government pension. A pension from the local government and one from the state or federal level are also very different. Its highly unlikely that a pension from a local government will default but its possible as we learned from the City of Detroit. In that case, pensioners had to make concessions after the city declared bankruptcy. However, in the history of the USA a state has never declared bankruptcy and technically a state can't default on pension liabilities because the state has the ability to raise revenue through taxes. Of course, there is a limit to everything so the truth is that we have no idea what happens when a state defaults. That said, this is a very interesting subject that is largely ignored in the financial world and you could do it justice by putting out a well researched video with examples to discuss pensions and their liabilities. It could be argued that government pensions are insolvent in the long term because politicians make promises that they can't keep and won't be held accountable many years down the road when the pension starts to run out of money to meet liabilities. Pensions are under a lot of pressure to seek investments with a high expected rate of return to meet obligations. Some people believe that pensions are a multi-trillion dollar time bomb in the USA waiting to implode. What happens if a state level pension defaults? How could a multi-trillion pension time bomb in the USA affect the rest of the economy, taxes, pensioners, and our way of life? Should we be fearful? Should pensioners also invest in a defined contribution plan?
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  42. Yeah, until its your money at stake then you'll want government bailouts. GTFH
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  43.  @ryh5169  . Agreed. Cheers!
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  44. Yep. I have a degree in finance and I work in the industry. As a kid I loved these movies until I better understood what was really going on. Its a shame our society celebrates criminal behavior.
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  45. The 4.5% figure is the rate of return that you might expect of your investments in post retirement as you shift your savings from public equities for fixed income (bonds). Nothing to do with inflation.
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  46. If Excel gives you ptsd then you aren't using Excel correctly and see it as a cumbersome task. When you find yourself spending hours doing manual work that can be automated you'll gain much appreciation for tools like Excel.
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  47. Exactly! Our friend has managed to build a youtube channel by reading a college textbook and adding infographics to the videos with little to no substance.
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  48. Clueless!
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  49.  @Jacksonville311  . SVB wasn't a "localized" situation. It was in part caused by higher federal interest rates. Could happen to any bank including JPM.
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  50. I recommend a book called Financial Shenanigans if you want to learn more about accounting gimmicks.
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