Comments by "Samson Soturian" (@samsonsoturian6013) on "Ben Felix" channel.

  1. Warren Buffet once said that he doesn't invest in Russia because he's from a hostile country and that poses additional risks that stocks don't compensate for. He was right as if he had invested in Russia he would have likely been forced to sell at a loss.
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  2. Mr. Ramsey is notoriously optimistic. If he says it's reasonable, it's a best case scenario.
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  3. Also, Mr. Buffet was born into a high paying job and is a workaholic. His father's library was full of books on economics and Buffet grew up during the depression so reading was his hobby.
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  4. General rule: If someone wants to sell you something, they are making money off your buying.
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  5. Yes, but their culture is all about putting on a face. In fact, to "put on a face" is a Chinese expression that Americans picked up. China is the world's largest consumer of luxury goods for this reason. And the world's largest producer and consumer of fake luxury items too. To include boxed wine put in wine bottles from vintage wine sellers in and sold full price.
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  6. Answer: You are not Warren Buffet.
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  7. That assumes one subscribes to the idea that these companieswill outperform. The other conflicting ESG thesis is you take inferior performance but feel better about it
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  8. That's paid with tax dollars
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  9. Come on. We all know you're buying S&P stocks one way or another
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  10. This is an infinite leverage glitch and all the dangers that implies.
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  11. Dude, stocks have a risk premium. If someone wants no risk, let them have it.
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  12. That is called SARK
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  13.  @harshitgarg1432  It shouldn't surprise the top dog has luck AND talent while normal people have neither
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  14. Except "home country" simply reflects where corporate offices are. I.E. Toyota is a "Japanese" company but most of their production is in north america. Virtually all American large cap companies are global companies and the S&P itself offers global diversification
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  15.  @archvaldor  Except he's competing against Russian shareholders who simply do not have that risk and can bid up the price
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  16.  @Green__one  You really think anyone read that rant? Dude, there's definitely other factors determining a dollar's value too.
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  17. I'm a military historian. I'm better at picking defense contractor stocks and identifying geopolitical risks than most people. That's what they mean when they say invest in what you know.
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  18. Private investments don't overperform. They should, but they don't because there's enough private equity firms chasing that extra premium and also enough fund managers using illiquid investments to HIDE LOSSES that there's nothing extra.
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  19. He's out on a limb on a lot of things
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  20. There's another channel run by a guy who runs a luxury car rental place and he's full of stories about what happens when people drive luxury cars. Hint: It involves a lot of tire burnouts, a lot of scams, and a lot bad money decisions.
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  21. What I want to know is at what point does the risk premium evaporate. Safer investments compensate for risk, but the riskiest investments are where the investor pays for the opportunity to become rich like a lottery ticket. This implies a peak that offers the highest average return for any amount if risk taken.
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  22. One of the problems with "emerging markets" is the definition is extremely arbitrary and skewed to include countries with low costs of living regardless of their actual development.
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  23. Dear Ben: Have you ever considered doing a video on stock frauds? By definition a total market index will contain them, and the most recent case of IonQ they took advantage how no one understands quantum physics to claim to possess a magical device.
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  24. Is that a joke?
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  25. I saw one report that selling options on meme stocks may beat the market as attention based investors mostly buy options, driving their price up.
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  26. You say rich people are more likely to pick stocks, but at some point if you have enough money it makes sense to cut the middleman in ETF and just buy a fully diversified portfolio directly. Much of the stock picking might just be additional cost cutting.
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  27. Scam means lies are involved. Their marketing is technically accurate because the advertised dividends are there, but significant losses to the portfolio is pretty much inevitable.
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  28. I would slightly disagree with the opening statement. The majority of people (especially the young and poor) would be better off with real world investment. An 18 year old would be better served taking a loan to go to vocational school than investing minimum wages.
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  29. It depends on how you value the risk of jail time....
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  30. People been saying that since at least the Roman times.
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  31. Just sell shares.
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  32. Patrick Boyle said he found that vice stocks (guns, alcohol, tobacco, gambling) have beat the market overall because many people refuse to touch them. However, the counter-argument is those stocks see increased regulatory risk because they're vice stocks, hence the higher expected returns when all is well.
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  33. Depends how old you are.
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  34. That will likely become a dated remark
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  35. There's other factors, like how often a given dollar changes hands, how much of it is invested, and how much is stuffed under a mattress.
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  36. You can dismiss most exotic ETFs simply because the fees are north of 1-2%, twice that of an actively managed ETF.
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  37. You're losing more to fees than you think
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  38. There are cash equivalent investments. The returns rarely exceed inflation.
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  39. A good company is something that is priced as a safe investment.
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  40. The video says good stocks to mean well known and hyped up stocks. Buffet was referring to companies with good business models and fundamentals.
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  41. You assume a fully paid off house with no taxes or repairs
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  42. China was just a national ponzi scheme. Russia was always was a developed market
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  43. Trading fees can be higher for you than the ETF fee, depending on the fund, the stocks, and the size of your orders
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  44. Index investing is for the average investor. Warren Buffet is not the average investor.
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  45. Who goes to banks for stocks?
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  46.  @macy1066  don't throw around fraud allegations lightly
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  47. @macy1066  Napoleon said "Do not ascribe to malice what can be adequately explained by incompetence." In Ramsey's case, you'll notice he crosses his arms when talking about passive investing so it's probably just a touch of ego and greed.
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  48. Ultimately you're looking at something halfway between shares and bonds and the returns will reflect that. Rich chumps like to invent new and exotic securities as if that will somehow make both parties richer.
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  49.  @25andinvested  If it does
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  50.  @25andinvested  It will likely take several years worth of good videos before you can consider being full time
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