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Samson Soturian
The Plain Bagel
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Comments by "Samson Soturian" (@samsonsoturian6013) on "The Plain Bagel" channel.
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It isn't a compliment.
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@ev.c6 Citron Research discovered it. They also found cases where leases for government land were bought below market price, while millions went to "land premiums." This is prolly inferring bribes.
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Richard recommends staying away from SPACs
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@MP31040 that's silly. If you're selling assets with intrinsic value then you are a merchant, not a conman.
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And that is my argument against active investing. In order to get paid above the risk-free rate, you either have to take risk or provide some sort of real world service. For instance, market makers make more than a passive investment, but they are also at their desks managing algorithms all day.
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Since when does Adani equal India? Do you believe the government is mixed up in this? Since when does removing the owner of a conglomerate cause all the subsidiaries to go bust? Do you believe they are all shell companies?
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I've unplugged from the active investor community. I'm fortunate enough to have never heard of this before now
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Been margin called yet?
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@Morais9014 they are. It's called smearing the name of whoever is richer than themselves.
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Liar
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You're just taking more risk BEFORE fees. Those funds are expensive
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Fair point, IDK if they're going off of dollars deposited or cryptos owned, but I hope it's the former. Googling John Ray's pay says he's getting a salary of 200K a year and 1,300/hour which is a lot but only a fraction of 60k a day. He has done well liquidating assets though.
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A lot of these schemes are a million greedos all scamming each other.
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I wonder if tax arbitrage is possible via ADRs. I.E. A REIT in Switzerland may be priced by Swiss law but available at that price in America
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Only when it's bitcoin
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What. Have you done...
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I just realized I got a job interview on April Fools...
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You're a half century late to make that argument. America runs things now
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@morkzorckerborg5000 not always. Sometimes it's just some gimmick
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@WrekkinM Really? Because given the timing of when this place hit the market I'm pretty sure the other guy was desperate for cash (it was a private equity firm during the summer of 2022). And I have been pretty lenient with the rentor given she hid the dog from me when the contract asked for a pet deposit and she's behind on rent. I fail to see any issue.
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Found the bum
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That's an exaggeration, they only printed enough so that people who sold in the crash would buy back in, and most of the fictional dollars were thrown back into the proverbial wormhole they came from soon after.
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@ThePlainBagel when you're dealing with zero sum games and corporate raiding there are always massive conflicts of interest. I personally was telling people to take profits and diversify DURING THE SQUEEZE and got all sorts of lies spread about me (most of which was that I was a corporate spy). And yes, four different people told me to off myself, one guy doxxed me, four Facebook groups banned me, and I got a fury of expletives from people who consistently turned out to have never invested before last February. The amount of gaslighting involved in GME/AMC is insane...
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Just ignore it. Britain is a productive country.
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@derdurstbursch it was a bitcoin fake guru. The book was charging 10 bucks when there was better info on Wikipedia
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How much did you lose?
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@aBusybee anyone from the first world whining about wage suppression is cringy.
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@paperplane3421 so much condescension on a guy repeating using the word allegedly implies that you believe that reasonable people would believe this story. Of course, we both know that the independence of India's judiciary is as fraudulent as India's free speach claim.
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No one cares.
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@chickenkeeper3450 different problem in the form of higher fees and interest payments, although this can be reduced via synthetic stock.
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@spidercart4745 that is no guarantee it will continue to do so or that it's an accurate 3x track on QQQ long term. And this is coming from someone knee deep in DFEN.
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How much have you lost?
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Not sure how good Hollywood is at depicting these guys, but in the interviews I saw these guys appear to sexualize wealth. They're young men who want to get rich quick, have fancy degrees, but have no idea what they're doing
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Meme stock pumpers are gamblers. They WANT the risk
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He's a fraud
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How much did you lose?
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That's all else hold equal, but we all know that both low rates and the current high rates were largely artificial.
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According to Google there are 83 publicly traded companies in Romania.
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Vhut?
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A trip to prison.....
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I never heard of them before this, but a google search shows that for a 6 billion dollar company they sure pay a lot in fines and lawsuits.
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SEC rule is you must file if you own 5% or more of the company.
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Most of these crypto bankers just wanted their own personal money printers...
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What's worse is Twitter is working with the S&P to make a real time social sentiment ETF...
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Go away
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Like... You?
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Most of us are better off renting a house anyway. Whether the landlord is some corporate goon or some local goon doesn't matter.
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That's silly. There's billions of people that need a banker and this industry favors economies of scale. I.E. Getting 10 times bigger means operating costs go up by less than 10 times. Ergo, you will always have a few banks that rise to dominate a given economy.
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Imagine buying SPXL right after the Covid crash...
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I'm guessing the reason they actually have the money to return is because most of the stolen money was spent on things that can be sold (Mansions, cars, stocks) and because the court is screwing over the VC investors per usual.
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