FTX collapse – my viewpoint is basic, you might not like it, but it is the only one that can help you long-term.
Coffezilla video
My passion is to look for low risk high reward financial investment chances. I apply my accounting skills and investing experience in order to discover interesting investment concepts that provide the possibility to lead me towards my monetary objectives.
If you are an advanced financier looking for in depth, independent stock analyses and investing concepts, here is my STOCK EXCHANGE RESEARCH STUDY PLATFORM (company and sector danger and reward analysis, my portfolios for disclosure functions):.
STOCK MARKET RESEARCH STUDY PLATFORM:.
My financial investment theses can also be bought individually here:.
What is this channel everything about? Worth Investing:.
My 5 Core Stock Market Investing Beliefs.
YouTube Portfolio Playlist.
Are you an investor that is simply starting? Register for the FREE Stock Market Investing Course – an extensive guide to investing discussing all that matters:.
You can DOWNLOAD THE TOTALLY FREE COMPARATIVE STOCKS LIST AND INTRINSIC WORTH TEMPLATE on my Stock Exchange Research Study Platform (with YT STOCKS PORTFOLIO):.
I am also a book author:.
Modern Worth Investing book:.
Examine my site to hear more about me, read my analyses and about OUR charity.
www.svencarlin.com.
Listen to Modern Value Investing Podcast:.
I have to do with long-lasting investing but my other half is about something a lot more important; long-lasting health! Naturally Ana YouTube Channel:.
The below links are from third parties or channel sponsors where I get a fee from:.
I typically get inquired about brokers, here is a low cost broker, a global one that enables you to purchase on international markets, and also uses complicated solutions like options for when your investing skills grow. For now, it is one of the best options I have actually found for worldwide investors, likewise based on your remarks and inputs:.
For a $140 discount rate on SeekingAlpha Premium Annual Plan (From $239 to $99), please utilize the following link:.
Brokers video:.
Constantly keep in mind: "Investing involves risk of loss".
Wealth Builders Club Secrets Revealed – Click Here to Discover the #1 Investment Resource!
Always a great show! You’re one of the last of the few channels that still are educational, entertaining, and give value to your watchers. Love the low key jokes and jabs! 😂
Appreciate that
I like the message, but disagree with the take in this particular situation.
that is the first step, don’t trust me 🙂
Sven this was an excellent video. Everyone has there favorite YouTubers. I listen and just get ideas then I do my own research and come up with my own decisions. Some of the most successful YouTubers are the worst stock pickers .
:-))
Great lesson as always! Thank you!
My pleasure!
Thank you. First person I’ve seen not jump on the band wagon and blame the promoters. People need to take responsibility for their own actions. Learn from it and move on.
yep, that is the goal!
Yes that is a good general rule but equally youtubers should take responsiblity to promote regulated activities and generally look out for thier audience, not just for the dollar bills from sponsorship money!
They should be criticized for the approach that they promoted. Sadly they were a product of the overhyped market that’s existed the last few years. I don’t think they deserve more of the blame than our government, and institutions that poured gas on the fire. FTX had a lot bigger supporters than meet Kevin and Graham Stephan.
@Raj Kirpalani totally agree
After the news about the FTX bankruptcy, should we worry more about the brokers that provide us with omnibus accounts? I am talking of brokers like Interactive Brokers and Degiro. I have some money in Degiro and I am planning to do a broker diversification and join IB too just in case… And, obviously, I will join using your link in the description 😉
I do not trust anyone, but if I’d trust to someone, that would be you! Stay well, stay hard and see you in next video!
🙂
You are a great source of information. Practical, concise, thorough and simple to understand. Thank you! Learning so much with you
Great to hear!
Sometimes I see people in the supermarket doing their shopping, and they are always comparing the price, quality, price by weight, the packages, the offers, take 3 and pay for 2, and everything is done meticulously and with a specific method; But those same people, when it comes to investing their savings that they have earned with hard work, say “my neighbor or colleague invested here, it must be good, let’s put the money here.”
So true!
Very true Sven. Reminds me of a TV show in the states-“American Greed”. Real life stories of scammers taking advantage of peoples’ trust. The scammers end up in jail, but not before putting their victims through financial hell and back.
👆 Let’s talk 💬..
Thanks for the interesting video, very good points, I appreciate it. It is really important to think ourselves when making decisions, probably the best ever financial advice. But I think we need to compare crypto with the current financial system. For example, if you travel from one country to another, you need change money and will loose money in the process, also the debit/credit card fees will be added. Many cryptos have extremely very low transaction fee.
Regarding power consumption, we need to compare with the energy that current financial system consumes: bank offices, regulatory bodies, printing physical money, and so on.
I would disagree, reality should be about absolute things, not relative 🙂
Trust is interesting. I like Stephen Covey’s take (from his book The Speed of Trust): the act of building credibility, based on two factors: character and competency. It’s hard to judge either on YouTubers, so if an idea sounds interesting I check it out for my self – using other sources I do trust. This applies to the comment section too. Don’t trust me, read the book 😊!
🙂 thanks for sharing!
Thanks Sven, an honest video!
I sort of agree and sort of don’t. Yes, don’t trust other people with your money, because they might be wrong. If you do it’s only your own fault if things go wrong.
But, at the same time, some of your fellow You-Tubers were taking 6 figure sums to push FTX, other shares and products. They were careful how they worded their videos but they target naive investors. They will never go to prison, as I say, they are careful. But that doesn’t mean they shouldn’t bear responsibility for their actions. That said buyer beware
at the end, all that matters is whether you lost money or not, once you learn avoiding stupidity, life gets easier!
Takes a lot to say not to trust anyone, including yourself! I truly get it, since ultimately we “the viewer” have to make the decisions on how to spend our money! But I rather trust someone who has a simple bicycle drawing in the background instead of renting a private jet for a photo shoot to showcase their “wealth.”
:-)) as they say, use you own power to pedal that bike 🙂
I lost a lot of money trusting you Sven. But I’ve gained more than I lost by listening carefully. Valuable lesson learned. 👍
👆 Let’s talk 💬..
Totally agree with main point about trust. I consume an enormous amount of financial material online, including Kitco News, Jeremy and so forth. I would never blame anyone but myself for bad outcomes of my investments. You’re the captain of the ship, buck stops there.
👆 Let’s talk 💬..
That’s stupid. The YouTubers promoted scams (either without proper knowledge or worse knowing it’s scam). [Edit: the YouTubers should have done their proper research as well. The YouTubers got paid 💰💰💰💰💰 a lot to promote this. Their audience were scammed out of money. Don’t gaslight and blame it on their innocent audience, when it was the YouTubers that got rich of it.]
If you think that YouTubers shouldn’t be held any accountability, then that speaks volumes about you. Just because you are a YouTuber as well, you shouldn’t excuse their behaviour and blame everything on busy unsuspecting & not knowledgeable people (especially if they trust who claim to be professionals).
Sven, if Warren hires you, promise to still make some educational videos for us. Thanks again for the valuable content
Your videos are very informative. Thank you. Please consider being brief and avoiding too many metaphors.
“It is remarkable how much long-term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent.”
Charlie Munger