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Samson Soturian
Wall Street Millennial
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Comments by "Samson Soturian" (@samsonsoturian6013) on "Carl Icahn's Hedge Fund Is Imploding" video.
Not always
4
Yeah, I actually suspended judgement when I first heard about him as a teenager because I couldn't see how what he did for a living should actually earn him money
3
Because he was never a good investor. He got his degree in philosophy IIRC. A lot of people are deluded that a recession started right went the Feds hiked rates because they were accustomed to borrowing to consume but now they had to work to get big money.
2
Dude, the ponzi scheme isn't illegal, the lies he told were illegal, and he only lied a little.
2
@McDLT999999999999999 Do you have a death wish?
2
Yeah, that's why I won't short something like IEP. Dividends makes puts/shorts expensive
2
Mismanagement is not a crime, and you're talking nonsense. If you're referring to the corporate raiding that was because he jumped into Wall Street back when it was dying. It was during the inflationary era when people simply stopped buying paper assets because they lost value with the dollar and they stopped borrowing because banks would charge extra to make up for inflation. Stocks were so cheap that some traded for a fraction of the value of the real world stuff they owned so management simply took their own companies private and the corporate raiders forced this upon fund managers that didn't want to do it because they could simply buy the funds and sell the assets.
1
Sleazy ties to wall street? Fucker, investment funds ARE wall street!
1
Shut up
1
Vhut?
1
He takes his dividend in new shares
1
How much did you lose?
1
How much did you lose on meme stocks?
1
Because his money was fake, tied to the supposed value of shares in his mostly fictional empire. His actual fortune came from a generous salary he gave himself and his son which was a fraction his supposed worth.
1
Icahn wasn't embezzling
1
Greed knows no social barrier
1
How much did you lose?
1
It has a clearly unsustainable dividend. If that valuation was real, they wouldn't have gone public last year. I don't know what they're doing, but there's definitely funny business going on.
1
How much did you lose to crypto scammers?
1
He's done many things in his career.
1
Found the crypto scammer
1
Ponzi schemer. These guys just put off actually robbing their friends for as long as possible
1
@samricher If you beleived that what the fuck are you doing on this channel?
1
It's called a ponzi scheme and it's not necessarily illegal
1
Go buy lottery tickets while yer at it.
1
Certainly not. It's too broad a term
1
Liars get scalped
1
It depends what they did and what the SEC can prove. In his case, the Ponzi scheme itself was not illegal, the lies he told were illegal. Also, Shkreli is still facing legal consequences for his crimes even after being released from prison
1
Millions is never small, and it also demolishes his reputation
1
Shut up
1
Expensive to short, it's volatile, and the owner is a known market manipulator
1