Comments by "Samson Soturian" (@samsonsoturian6013) on "The Plain Bagel" channel.

  1. I actually looked at Adani's response. The bulk of the 400 pages was a rehash of their official books and most of the rest was jargon about corporate vision. The relevant pages dismissed the majority of allegations without response and the rest of it contained logical fallacies insisting Adani had no incentive to commit the crime. It was a long winded "Trust me I'm legit."
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  2. A lot of Evergande's debt was fraudulently hidden. They'd take on a partner for various projects and list their "shares" as assets. But these partners would get a guaranteed return of a few percent so this was really debt.
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  3. People angry that other people can't or won't take extreme personal risk to pump up their own investments are suspect at best.
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  4. 2021: Everyone complains valuations are too high. 2022: Everyone complains markets are down.
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  5. Just remember: There are over 4000 banks in the US and only about two dozen got credit rating downgrades due to rising interest rates.
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  6. All the crypto banks are secretly insolvent. It's a systemic problem.
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  7. If you think speculation NOW is bad, just note the South Sea Company and Mississippi Companies each had market caps larger than all modern tech giants combined... BEFORE industrialization.
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  8. It IS a commodity. It's essential for life and can be bought with money
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  9. And panicking expressions
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  10. Note Mr. Gill did not originally buy for the short squeeze, he bought because the stock was trading below the value or assets if they liquidated. That doesn't absolve him from anything he might have said later.
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  11. It means DON'T get a floating rate loan.
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  12. Meme stocks and stock markets aren't related
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  13. Like all these frauds, Adani does zero study and fails to grasp that everyone can plainly see that.
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  14. 0:40 The idea a trillion dollar tech stock could double in value in a couple months... 7:10 That guy is why predatory lending exists. The "pile of nothing" he complains about is a 34.7% risk-free gain even when employer contributions are NOT included.
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  15. A lot of fish in the sea, and it takes a lot of work to piece the facts together. I'm pretty sure I'm the only man in the world that is aware of a certain drug cartel I won't name.
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  16. It's called a lottery ticket
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  17. I predict no one will buy them, because Richard's audience knows they aren't worth a penny.
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  18. Ha. Even if you get rich on meme stocks, I guarantee you'll lose it on stupid stuff
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  19. If you teach your kids how to invest, you can have multi-generational wealth and let your grandkids be rich. But I don't see anyone paying for YouTube ads about that for some reason.....
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  20. They weren't all into money laundering... Although it seems like they were all involved in either something scetchy or high risk.
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  21. Caveat to the falling house prices: The fall is much more severe than you think because there is very little trading volume and in some cases the only buyers are state firms bailing out their cronies.
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  22. As always with US economic problems, the amount of concern and doomsday speculation is way out of proportion to what's happening.
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  23. Those numbers are some level of bullshit. No one is posting profits 10x market cap.
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  24. Which way?
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  25. That's called frontrunning and is illegal
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  26. Caveat on literal poison pills: They're rare. When a spy asked for one, all their coworkers would try and talk them out of it and they needed approval from hotshot director in order to get one and they'd often not permit them at all.
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  27. I was once paid to write a 5 star review on Amazon. I wrote the review, took the money, then changed the review and flagged the product.
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  28. You will notice only the licensed financial advisors kept their audiences when interest rates hiked demolishing active investors
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  29. About the private tutoring crackdown: That started in the US when a hedge fund released a short report. They had signed up for this tutoring class and found most of the accounts were bots. These were to fool investors about the size of the company. If Beijing is to be believed, this fraud was just an extreme case where the tutoring adds little value while charging parents a lot. This is believable as there are a lot of cheating scandals and Chinese high schools are often like boot camp (literally).
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  30.  @cos3  the company had a very ponzi type structure. Namely how they needed profits from presales on current projects in order to pay loans procurred during previous projects.
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  31.  @connorspencer4283  depends on what index you're tracking. The S&P500, for instance, is green 53% of days. Other more sluggish economies, not so much.
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  32. Some goons will defend Adani simply because they are from India, and Hindenburg is not.
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  33. Theta = gasoline
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  34. It's called a ponzi scheme
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  35. Note on higher used car sales: During downturns people tend to buy less cars, and when they do buy cars people often buy used cars.
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  36. Give those guys a job at the FBI.
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  37. "I went to a fancy college for THIS?"
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  38. If you zoom WAY far out you'd realize speculators are wasting time
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  39.  @swank8508  I'm the one writing it.
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  40. That amount is usually pretty small as most people don't maintain cash buffers.
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  41. If you default on payments to an exorcist, do you get repossessed?
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  42. I'd recommend a zero commission broker for anyone who's only interested in shares and/or has an account size below 10 grand.
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  43.  @omduttdixit6285  we frickin invented modern democracy. As in the ideology formed around the US government, not the other way around.
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  44.  @ThePlainBagel  Deliberately unfair scruitiny. The guys presenting the literal conspiracy theory as fact were the same guys harassing Melvin Capital employees and their families as well as sending me suicide requests. Most of them were literal gamblers and sports fans that got in after the squeeze.
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  45. The rise of stock options has also rose the average level of the VIX. I also saw a study that said the more attention a stock gets in the news and social media, the higher it's implied volatility will be relative to its realized volatility.
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  46. Caveat: The S&P is green 53% of days, meaning the daily compounding is slightly in your favor for ETPs tied to it, but that's probably only going to cover the higher fees.
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  47.  @kk28032  Your English isn't as good as you think. And allegedly, Modi ordered the arrest of some businessman allowing Adani to buy his airport for peanuts
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  48. "Less developed" is an oxymoron since living standards are low across the board. There were some cities offerring ok wages for a time, but their cost of living was sky high while in rural regions cost of living was low but so were wages
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  49. The only casino where card counting is mandatory.
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  50. That never happened and you're asking for castration if you say otherwise.
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