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

  1. Self-employed guy here: There's a host of reasons to incorporate even if it's a sole proprietorship. My reason my employer forces us all to make companies so he can deny that we are employees, but the non-compete agreements we signed are completely unenforceable.
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  2. They make money by making the markets more efficient.
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  3. Most PE firms can't do that, and even so judges recognize affiliated entities
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  4. No one really chooses their reserve currencies. The market chooses for them
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  5. Richard, what do you think of the idea that the risk premium falls with the riskiest stocks. There's come a point people stop getting paid to take on risk (like index funds), and start paying for the chance to get rich (like lottery tickets)
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  6. It's called a ponzi scheme
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  7.  @abhijeetrawat216  yes, but it reduces your risk of interest rate hike, which happened shortly after that comment was posted
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  8. That's how you know people are lying about greedflation. If the bosses are greedy now, then they will have always been greedy.
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  9. The loan is on the owner, not the company
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  10. Sell it now or lose it.
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  11. There's no correlation between land property size and rent. The myth comes from how when cities grow usually developers buy whole chunks of land at a time to build apartment blocks.
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  12. If they don't have the money, they don't have the money
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  13. He literally didn't
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  14. Except a lot of bankruptcies, especially repeat offenders, are just idiots blowing their money away on stupid stuff. I don't know any statistics on vice versus misfortune, but many are a combination of both.
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  15. People quote Wolf of Wall Street because he's the trader they wish was the norm. People don't quote Margin Call because they're the traders that actually exist.
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  16. Or it means the company has fallen in value for some reason. My mortgage is through a company with an 11% dividend and the reason is they routinely get sued for the garbage they've put homebuyers through. Ergo, they still pay the dividend, but the stock remains dirt cheap.
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  17. It's a commodity, not an investment.
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  18.  @Default0102  Scam somewhere else
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  19. I love it how your title conquers the algorithm without actually being clickbait.
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  20. They want the Yuan to be reserve currency to offset the inflation effect of all the money they're printing to pay overdue debts.
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  21. Yeah, the fake gurus figured out that trusting people will pay to get skills that might earn them money later.
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  22. Nikola and Lordstrome Motors are the big ones. Those are frauds. Then you have some cities in China that actually put up hundreds of cheap, defective, and/or fake solar panels around town where people could see them just so they could claim to be green. The construction contractor that built them happened to be owned by a relative of city commissioners. On the more legal side I heard of one company where the actual CEO made his wife the CEO on paper to boost ESG ratings and get listed on "social justice" ETFs. Or as Richard said many make small to modest sized investments into green energy and recycling type stuff and advertise it prominently to investors/customers. This is by far the most common and is part of what is creating the myth of the green revolution.
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  23. Fair coverage is a bit of a weird term when China, the country, runs a ponzi scene
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  24. Vanguard and Blackrock we know what's up. Vanguard is Jack Bogle's company and he hates what he sees as predatory fees. Blackrock is run by Larry Fink and he thinks his investors can change company behavior to the better.
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  25.  Zandaroos  I don't know about that. It's super strict in both areas. In the US, you can't even own 5% of a bank without passing a Federal background/credit check.
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  26. The term meme stock evolved from a stock with a lot of retailer activity to a stock with no real economic value. I was among the first to publish DD on Palantir on WSB, but I am no longer on that forum nor hold Palantir because of this nonsense
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  27. That's basically how Robinhood makes a living. Scalpers pay them rent to access their dark pool.
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  28. "We are coming for you!" -Uncle Sam
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  29. That comment can be considered defamation. Remove it
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  30.  @Sypitz  I think the OP was being sarcastic
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  31. Well spoken, sir.
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  32. I say legally define financial advice as receiving payment for talking about investments. Guess what that means? All the bad YouTubers get DEMONITIZED.
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  33. Houses only look more expensive, because mortgages have become expensive. Remember, when you get a loan, you literally competing against the rate the banks can get from the Federal government
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  34. A couple slaughterhouses were accused of that, but it was found the price of meat simply changed in the amount of time it took for cows to go from farm to store. That's a risk that works both ways, and it's best just to just buy/sell a futures contract so you don't have to worry about it
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  35. In finance this was a pretty uneventful year. Everyone decried the ongoing economic collapse anyway but people always do that.
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  36. That's misleading, since ~40% of people have a BA or better. Do you mean that college grads are half as likely to go bankrupt?
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  37. Weird joke
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  38. 10:30 This is the main reason I haven't ever tried to be a full time writer. I use to work at converting my master's thesis into a book but I got busy with work. The thing is, the odds that a publisher will actually read your book if you send it to them are lottery winning odds, and self-publishing entails paying for proof readers, ads, and such only for only a handful of people to pick up the work.
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  39. They've literally shut down several cryptos for being securities. They have said specific cryptos like eth and bitcoin are not securities
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  40. Yeah, business and government in the subcontinent is mostly just cons conning cons.
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  41. Price go up, people complain it's too expensive for ordinary people. Price go down, people complain their stuff is losing value.
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  42.  @placeholderdoe  no it fucking isn't
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  43. It's going to take a massive lawsuit to get all the money back from the CEO.
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  44. Hardly. IDK where Richard is in politics, he just butts in when politicians don't know economics. In the US' case, any financial advisor will say reducing debt load would be better than an investment
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  45. Why do you buy a lottery ticket while yer at it?
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  46. Bagholder detected
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  47. I own a duplex. I got the place cheaply because the corporate fools in New York who owned the place didn't know what it was worth. I fixed a few small things and raised the rent when I got a rentor/neighbor and everyone was happy. When you say Wall Street guys are paying well above asking price, I see fools losing money not evil villains conquering the world.
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  48. That's taken by a British gas driller.
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  49. Good to bring up ethical investing in the middle of an EV bubble.
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  50. It's almost as if most people secretly don't put any faith in those reports...
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