Bernie Madoff has a ponzi scheme, but there is so much we can still learn about Wall Street, the SEC, financial engineering and how cash works.
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Citadel shorting AMC and GME its bigger than Madoff scandal. APES FTW!
Amazing last 2 videos Sven not only in investing but beyond that you are a diamond in the mud
forget about Sven, just think with your own head!
Nobody wants too much protection ๐คฃ๐
Maybe I’m foolish but one day the government will have the right ethical people in place. Maybe the SEC should be for profit of the employees, meaning if an employee finds a scam/breaking of law they get a financial reward rather than being on salary. But the market is supposed to do this work for you (in some situations). What we really need is for personality tests to be more broadly used. People who suffer from NPD ( narcissistic personality disorder) are competing as sociopaths against people who care for others. If we could identify the personalities that are culturally/socially destructive, we could prevent them from taking positions of power in public/political positions.
Well, looks like Michael Burry was right after all. They’ll just keep the show going
He may be right, but if this circus continues for another 10 years, there is no point.
time will tell what will happen, I hope all will be well because a lot of lives are at stake!
I observed that Burry’s opinions are always right. I pay much attention to what he says.
4:16 Yeap. Someone else got the money and the government didn’t geo there share. Yes. Regulation, but no one went to the jail. “Big Short”
These kind of videos are very enjoyable! Always like to hear your perspective on the money printing and “mumbo jumbo”!
The biggest scam is the 2&20 fund management fee structure. The fund manager has no risk and always gets their 2% up front and 20% of any profit if any. But if the fund looses, all that loss is passed to the investor. So all fund managers need to do to get rich is attract enough investment capital.
Great video as always.
Time to defund the bureaucrat class ๐บ๐ธ
I completely agree. Wise words. Thank you, Sven, for this video. Good to watch, specially for young viewers.
I love the jazz hands at the begining of every video…….lol. Keep them coming brate!
Glad you like them!
Very good mindset. Fewer complaints, more happy moments in life!
3:00 I was occasionally tempted to take a bet on some of these speculative assets but thank god for your videos which always kept me on track Thanks Sven
Love these kinds of video’s just saying like it is!
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More than a financial educathional video… is a mindset tournaround! Thanks…
Glad you enjoyed it!
Sven I think we all are a bit naive when it comes to Wall Street City of London etc thank you for your insight excellent
Very true