Comments by "Samson Soturian" (@samsonsoturian6013) on "Patrick Boyle" channel.

  1.  @MarcosElMalo2  I was talking about John Deere the man, John Deere the company is now a soulless corporation that makes a lot of good tractors.
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  2. I wonder what sorts of skews that will make in AI results.......
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  3. Can confirm smartphones at schools. High schoolers I met said they're banned, but they can't search the students so how to enforce it? Another school simply didn't want them out during class.
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  4. Anyone who is willing to commit wage theft would sell people if it were legal, and this includes more people than care to admit it. But your comparison is hyperbole. This isn't illegal and the problem isn't that it is a hostile act but that some of these buys may be the prelude to a hostile act. If we really wanted to bar Chinese firms from buying things in America, go talk to a Congressman.
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  5. This idiot thinks oil drillers have mind control
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  6. Caveats: Turkey was never really secular, nor a democracy, nor were their central banks ever really independent, nor were they a middle income country. The central bank positions largely went to the clansmen of oligarchs, and all modernization was a product of foreign investment while the rest was fraudulent (ranging from fake schools to trumped up hospitals). The minimum is also a bit irrelevant since a large portion of employers are behind on payroll, and much of the economy is in the form of street vendors and day laborers.
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  7.  @slouch186  No, it's a subtle but vital detail. They paid up front for a lease lasting a decade on average, then rented out on a month-to-month basis
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  8. You'd be surprised how many ordinary people buy quasi-luxury goods
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  9. Much of the cost is in the land itself. In key locations it WAS in short supply for big office buildings where they could more efficiently meet people and send/receive mail, but those days are over because internet. There was a time when city centers were dominated by factories.
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  10. It's a free market
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  11. "ESG is one of the hottest things in markets right now." ESG also entails ignoring fundamentals and investing based on politicized criteria. ESG will inevitably drive a market bubble of some kind.
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  12. The fact you ironically moved stock pick tropes into a crime report shows how advanced the sarcasm is on this channel...
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  13. The irony is during the bubble in Japan there were accounts of sallared employees making modest wages while their bosses got ridiculously rich, which seems unfair until it was followed by decades of bosses being obliged to pay salaries even though ownership of the company paid little to nothing.
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  14. Those are degree majors you can fake your way through
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  15. We could price in the risk of fire, but then no one will buy houses in southern Cali
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  16.  @bruceleeharrison9284  trap? People WANT to spend it all as soon as they get it
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  17. Big question: Since the arbitrage was specifically allowed, who used it?
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  18. There was a Minecraft video that tested different AI's ability to understand basic builds in-game. The winner was an AI that said "I don't know" to all questions except one which it got right, all the rest gave nonsense answer mincing redstone components together that it pulled from the Minecraft Wiki
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  19. Rent in the rural interior of the US and Canada is only around 20% of what it is in Manhattan. I bring this up because cities below a certain size are not counted on housing statistics and these "rural areas" are where rent is cheapest
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  20. Brazil doesn't have nature reserves. They have unused forests
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  21. You only notice the rich people that think that. Statistically, two thirds of people think they are smarter than average.
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  22. A bit misleading. Printers are sold at cost so they can force you to buy proprietary ink at absurd margins
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  23.  @NickanM  What I want to know is if the other 8 of them were just as bonkers...
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  24. "Americans spend 40% of their take home pay on shelter." Me: Does mental math and realizes I'm the definition of average.......
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  25. A lot of them simply don't care. Line goes up because I'm a genius, line goes down because you're a thief.
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  26.  @yeetyeet7070  How much did you lose on meme investments?
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  27. EVs are luxury items.
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  28. What were you making?
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  29. Doubling my short position...
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  30. Who exactly eats more than 20 bucks worth of shrimp in one sitting? A double serving of shrimp would disagree with me...
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  31. Some of my own red flags I spot liars: 1. Cliche success story (they're copying the people they envy). 2. Buzzwords (they don't know the topic as much as they pretend). 3. Vague vagueries (they make arguments they said something else later). 4. Repetition of vital info (they want to make sure you believe the lie). 5. Gratuitous statements of fact (introducing the key lie prematurely). 6. Gets angry when asked questions. 7. Wildly exaggerated success story (they're pushing a wet dream). 8. Sexing up the topic (it gets more people to go along with a scam than will care to admit it). 9. Contempt for authority of any kind. 10. Desire for immediate seizure of authority. 11. Delusions of possessing authority. 12. Cowardice (fierce words but leaves actions to others). 13. Illogical and wildly broad allegations (they think everyone is as guilty as they are). 14. Belief that extreme success is a reasonable life goal. 15. Contempt/condescension for their competition. 16. Contempt for ordinary standards of living. 17. Unwillingness to admit enemies may do good if it suits their interests. 18. Unwillingness to admit friends might have committed a crime at some point. 19. Perspective of history conveniently line up perfectly with whatever junk they're pushing. 20. No interest in investigations or record keeping of any kind.
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  32. By whining about their wages and having no retirement plan
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  33. At the height of the frenzy, I looked at the Reddit profiles of all the people berating me for not touching GME. Each and every one of them turned out to be actual gamblers and sports fans.
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  34. "Plasma rockets aren't like electric trucks where you can just push them down a hill." No, they just have to blow up a launchpad!
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  35. It's also particularly ridiculous that a sovereign wealth fund that's the royal family's personal property would be so in tune to recent market trends...
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  36. ESG is a racket. End of story.
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  37. If these carbon credits were real, then farmers should be receiving tons of them, but instead they all go to owners of unused forests that ecoterrorists want to protect
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  38. They are listening, just not to industry professionals. The incentive for an elected official is to have a strong opinion on a list of hot button issues that a lot of voters pretend to care about. Ergo, there's a lot of arguments in Congress about tax burdens, but rarely do they discuss the obscenely complicated tax law that is a product of centuries of Congress arguing about tax burdens.
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  39. Who said building had anything to do with population growth? 1. In Communist China, the state owns the land and leases it to people for decades, collecting lots of taxes and fees that are about 40% of the cost of a house. 2. Officials are promoted, demoted, jailed, given bonuses, or allocated state resources based on GDP numbers. Officials are constantly coming up with new schemes as they're constantly being compared to their peers. 3. Construction and housing are among the few fully private industries. State enterprises can straight up ignore anti-trust laws, which drives away competition. This means competition is fierce within construction and profit margins rarely exceed 10%. 4. Crony capitalism is tolerated where officials give contracts to business they own shares in or are owned by family. Many major bribery busts have occurred, and in the cases we know of it appears officials received at least hundreds of bribes over a period of years before being caught. 5. Escrows are not required. Paying builders with money from presales is the norm, and of course that insane amount of leverage causes waste. 6. Speed is prioritized above all else. Construction begins with mostly prefabricated parts before blueprints are ready or feasibility studies done (you can forget about soil compaction and inspections). 7. Most new constructs demolish existing structures. Many of which collapse before being used. And so the endless racketeering goes on. None of these guys actually care if the construction collapses immediately upon being sold as that is on the buyer. Many people live in shelters made from their half finished houses as the builder went broke and they can't afford both rent and their mortgage.
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  40. Those idiots are angry at anything anyone does. Even the peace treaties that end wars.
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  41. Everyone loves getting paid on commission as long as it's not out of their pocket
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  42. Military historian here, Academics are people like any other and their opinions are as much garbage as mine. You should always examine incentives, partisanship, and objectives in anything you read regardless how many degrees the guy writing it has.
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  43. Restaurant chains come and go with the decades with tastes. This is no different
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  44. "Web developement" is a skill so common that much of it is outsourced to turdworld countries. In one place I will not name they boast of their "tech startups" which always turn out to be independent programmers making phone apps.
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  45. That is because you have no idea where the expression land of the free comes from
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  46. Judea? Wrong continent
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  47. No, the scheme would not work because he has no fans
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  48.  @alfredpeasant5980  bizarre allegation. Reply to the wrong person?
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  49. Except how big is Hollywood really? The running joke where I'm from are that most actors are really career baristas.
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  50. Fact of life in investing: The rise of retail trading corresponds to the rise of private equity markets. Ooph.
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