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

  1. There really should be few enough active investors that there are real alpha opportunities. Otherwise, the industry is just a waste of time and money.
    2
  2. Standard & Poor have no affiliation with the ETF managers. The committee simply selects 500 representative stocks to make a chart showing what the market is doing. This was originally for newspapers to print, but now it is for passive funds to copy.
    2
  3.  @BobfromSydney  I think you underappreciate how wild stock picking gets.
    2
  4. It sounds like the men who write these papers have high risk tolerance and don't comprehend the real world
    2
  5. It's like all leveraged investments: Is there any real reason you need the money sooner?
    2
  6. How would you view real world investment? I.E. Spending to go to a trade school compared to buying stocks?
    2
  7.  @llljjj007  Yeah, depending on what you write them on. Using the most volatile stocks or meme stocks changes the risk-reward completely. Then if leverage is used all bets are off.
    2
  8.  @llljjj007  meme stocks are often mispriced. Volatile stocks give more option premiums because they are inheritantly more risky. E.G. SPY vs SPXL.
    2
  9. There's been a 3X for years, but all the hype is over chips and AI
    2
  10. Don't make fraud allegations lightly
    2
  11. That is called a zero sum game.
    2
  12. The easiest advice is if you're worried about stocks going down just buy bonds.
    2
  13. Or spend more likely
    2
  14. I think you underestimate the extent an S&P fund is a global fund. It's not like Americans don't own half the planet.
    2
  15.  @BenFelixCSI  Or that Buffet doesn't play silly games with private company valuations and just focuses on getting profits and wages high
    2
  16. Risk-adjusted you're losing
    2
  17. Yeah. Me. I quickly figured out I was just staring at a chart guessing where it go and selling when I happened to be in profit.
    2
  18. All of the passive funds
    2
  19. This comment aged like wine. Very red wine.
    2
  20. The sample sizes are a bit big for that
    2
  21. He's a wealth manager, he literally does this for a living.
    2
  22. You know politicians don't know a friggin thing about investing when they think capital gains taxes targets rich people
    2
  23. But why would some investment banker think the same things you do? Also, that's called corporate raiding
    2
  24. Not quite. Poker is a zero sum game, while trading is a net positive game. A better way to put it is trading is a casino rigged for success instead of failure.
    2
  25. There's no reason to prevent active investors and market bubbles because the markets ultimately transfer money from the greedy to the frugal. Their losses are everyone else's gain.
    2
  26. It's why restaurants are good investments. Zero entry barriers and a steady supply of assholes that will pay you to do menial tasks for them.
    2
  27. That's silly. Taking less risk cannot be recommended against.
    2
  28. Communist China's stock averages are negative unless you're an insider.
    1
  29.  @flammmenspeeryt9184  tell that the party.
    1
  30.  @flammmenspeeryt9184  Except parts on Chinese law are still the same as back in the Mao era, like how there is no privately owned land.
    1
  31. The category is based on simple dollar values, not actual development. It doesn't matter that cost of living is dirt cheap in Russia and really expensive in Greece, the dollars per capita is higher in Greece. This is why the index returns seem random.
    1
  32. The definition of good company here is safe investment. Low chance of major fraud, long chance of management doing something stupid, and low chance of a random event breaking them.
    1
  33. Really depends on how old you are. If you're retired, you don't need risk in your life. If you are young, you must build your kingdom. In any case, any passively managed bond fund should be good. The fees eat up much of the return of bond funds
    1
  34. Unless you got a supercomputer and a mathematician.
    1
  35. Stock options are a zero sum game.
    1
  36. @Sleepless  it literally isn't. The thing about options is that assuming an efficient market the prices of all options reflects the probability of stuff happening. While the price of a share reflects the Federal interest rate plus a premium equal to risk taken.
    1
  37.  @sleepless2541  active management is not the stock market
    1
  38. @Cesar Gaming and Vlogs  Yes, the Federal interest rate is baked in, but unlike an actual loan the actual volatility of what you're buying is also priced in. The only potential exception are expirations way out in the future and that are really deep in the money, but those assets behave more like shares anyway.
    1
  39. @Sleepless  just because they buy individual shares at discretion does not make it active management. Think of it this way: If you have tens of millions to invest it's cheaper to buy all the stocks in an index yourself than it is to buy a passive index.
    1
  40.  @cesaresp101  it's the Greeks. Vega, gamma, rho, delta, and so forth. There's a math formula for giving fair value
    1
  41. That's an exaggeration.
    1
  42. Stock forecasts are like buttholes. Everyone's got them and they all stink.
    1
  43. How much did you lose?
    1
  44. The membership overlaps and they're all part of the same economy. Ben Felix was speaking of recent decades when a large portion of returns were driven by a limited number of overleveraged blitzscalers while average returns are much more modest. Also, there's statistical arbitrage. All the stocks in the same economy should ultimately move in conjunction with that economy no matter what the individual company is doing. Certain hedge funds have computers that have thousands of positions in correlated stocks using long short methods and math to make risk free profit. This is why when good or bad news comes out, all stocks seem to move as one.
    1
  45. If you really are in before the hype, why would there be an ETF for it?
    1
  46. Happiness is a warm gun.......
    1
  47. Yeah.
    1
  48. This idiot thinks the year is 1927
    1
  49. It would have been impossible for a German investor to have stayed invested through WWII on account the Nazis nationalized all business and most stock markets closed except for a few that handled party members trading state-run companies.
    1
  50. Another reason for Buffet's overperformance is his reinsurance business where he sells insurance to insurance companies and megacorps and unlike most derivatives these have an edge for the same reason selling car insurance does (people NEED it, they don't WANT it). There is no way for small investors to replicate this success, because selling insurance favors the man with the biggest pile of money to use as collateral.
    1