Comments by "Samson Soturian" (@samsonsoturian6013) on "Wall Street Millennial" channel.

  1. We will all remember his name... Because there's no way you get it mixed up with anything else with incompatible consonants. :)
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  2. Or DEI quotas.
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  3. This is what you get when you put politicians at the head of bureaucracies.
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  4. The crashes everyone sees coming... Never happen.
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  5. If you're going to commit a pump and dump that obvious you'd better have a means for leaving the country before the SEC finds out.
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  6. Invideo AI sounds like it's directly involved in counterfeit content on YouTube
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  7. Correction: Wallstreet wasn't necessarily fooled, but those companies were priced according to the return on T-bills plus a suitable risk premium. When T-bills were returning near zero, these growth companies were valued at or near their projected fair value decades in the future. That's why everything growth got slaughtered in 2022.
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  8. Speaking of North Koreans in Russia, VICE founder actually went to Siberia and found North Korean loggers at work, shared a beer and asked them about their lives. "Do you like it out here?" "There's nothing out here to like."
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  9. Fraud giveaway #1: "Low risk way to dramatic growth."
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  10. Most wouldn't care. The only people who'd want my DNA are archeologists
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  11. "Over 150 locations worldwide" is a pretty big business but nothing compared to the giants like Mcdonalds and Wendy's
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  12. I've been paid to do nothing. It never lasts long because even without layoffs it becomes a toxic workplace full of warm bodies.
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  13. Two words. Mean reversion. Even if the current split proves permanent, people will just find alternative sources eventually.
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  14. Or being a successful African businessman
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  15. 50 bucks says you've been saying that every week for years.
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  16. 2:00 "Massive raptor engines." I have a feeling you're counting in the nozzle as contributing to the size of the engine. Nah, those simply have to be bulky when in a vacuum. The two engines in the picture are the same, one just has a nozzle for space and the other has a nozzle for takeoff. It's the plumbing on top that counts.
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  17. This why interest rates needs to stay where they are
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  18. The tech immediately caught up with the idea
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  19. For comparison, the 75 largest cities in the US have a combined debt of over 300 billion, which accounts for most of the municipal debt in the US. The US government is not known for its prudent fear of leverage.
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  20. Simply not the case. Small businesses are on Amazon, and beating the competition is not a sign of monpolies. If they have to aggressively cut margins to maintain their position, they are simply not a monopoly.
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  21. For a time city centers were dominated by factories, then mass transit was invented. For a time city centers were dominated by office buildings, then the internet was invented. Only a handful of industries (like law) need to be centrally located these days.
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  22. To be fair, YouTube finance channels are no different from these newsletters, just cheaper. It took me some time to find a few that appear to be honest men.
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  23. Largest we know of. There was another case where a full third of the country's social security was "misused" in unspecified ways. It is thought pension funds that are suppose to be kept safe are being diverted to high risk investments like state owned startups, massive loans, and Belt and Road related projects.
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  24. "If I die, it won't be a suicide." That's proof he committed suicide.
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  25. The industry was never profitable. Now they can't borrow anymore
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  26. Long-time VICE watcher here: The quality of their work ranged from trash editorials regurgitating liberal consensus with zero reporting, to the absolute legendary like with Hamilton's work or Shane's interview with North Koreans. Add to that the tweekers they hired ramming "legalize drugs" down our throats. There was no loyal viewer base.
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  27. Fully diversified stocks mean you get average returns with less risk. Fully diversified corporation mean no one person knows how it all even works.
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  28. Most of Cathy's team is very young. As in, she recruited them while they were in college kind of young. Of course they don't seem to understand business math.
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  29. Proof that "entrapaneurian succeess" is mostly dumb luck
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  30. That's not how stock based compensation works. Paying with stock options makes the books look better because it is not an operating expense, but the pay is at shareholder expense.
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  31. A general rule is there is never a lot of money in selling things to children. It must be a freemium service to get any business at all. You will get limited amount of money from merch sales and sponsorships because parents are buying this stuff, not kids. You must constantly acquire new customers as old ones will inevitably lose interest in a few years or months. And there are zero barriers for entry so there's constant competition from a sea of persons. Also, kids don't like souless corporations and will devote most of their attention to people they want to be friends with. This is why Minecraft servers rarely make it to the 10 year mark. People just simply stop playing, and the less money comes in the poorer quality the server will be which will in turn drive more kids out.
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  32. It sounds like they never bothered making a bank account because it was always just a game to keep investors busy while they YOLOed the money as they saw fit.
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  33. Don't think that. The results are skewed by featuring all the epic gains/losses.
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  34. Muddy Waters Research. These short selling vigilantes really do know how to pick good company names....
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  35. Frankly, I think the perverse employee incentive structure creates this. It cutthroat
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  36. Zoom growth is like this: Everyone downloaded it during quarantine, used it for a handful of glitchy meetings, then forgot their passwords within a month.
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  37.  @samdis1890  I'm literally a military historian specializing in the Levant. There's nothing inherently wrong with this trend, it just flavors their politics and business decisions.
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  38. Companies selling frivolous products always come and go with the decades.
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  39. 1:40 that's a highly misleading chart. Perhaps intentionally so.
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  40. Any long only strategy works during quantitative easing.
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  41. It actually isn't clear if the baby powder is a carcinogen, and even if it is we're talking a marginal statistical correlation. If there was a clear connection, the matter wouldn't have gone to court.
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  42. During low interest rates all you had to do was say you would become someone big and you would get a market cap near the big dogs. The reason was investors were discounting future values at insanely low rates, so the easiest way to push up stock prices was not to make money but to announce growth plans even if you don't follow through
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  43. 5:20 Your argument assumes lots of people will buy brand new Teslas even in a Recession. But in reality there's no way they could make enough cars to justify their share price any time in the next 30 years. Edit: Burry is buying puts because a short position can blow up in your face when dealing with meme stocks.
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  44. This sort of exotic contracts used to hide debt and lower interest payments was Evergrande's favorite antic too.
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  45. Losing 100 times revenue but management keeps pouring in cash. Advertising a production line they don't have whilst only making spare parts... You may have stumbled on an embezzlement scheme, WSM.
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  46. 35,000!?!?! Where are they putting these? I never heard of them before just now.
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  47. Rising interest rates crushed all these firms
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  48. Remember that scene from Superman Returns where the Daily Planet had two front page news pieces ready to go: "Superman Lives" and "Superman is Dead." It's played for laughs in the movie, but those types of pre-written pieces are totally a thing when the editors are just waiting for confirmation.
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  49. The whole country is uninvestable, frankly.
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  50. That's why he was running a family office, as he was banned from giving financial advise.
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