Сarm1ne's banner

Сarm1ne

@carm1nee • 14,175 subscribers

✦ Researcher & Analyst ✦ Educational Wall Street content | @zscdao

Videos

Anya Rossi

sweetdream.ai

SweetDream.ai•Sponsored•Livecam

Watch Anya Live

Anya is streaming live right now! Join her private show and enjoy exclusive content.

Exclusive private shows

1.2k viewers online

Private Show

Join now for exclusive access

Free preview available • Premium content

JPMorgan CEO Jamie Dimon on the day he was fired from Citigroup after 15 years: "my boss called me in and said we want you to resign - to which I said, OK. I went home. the youngest one said, Dad, do we have to sleep on the streets?" this is him explaining how he rebuilt a bank from a $511 million loss into the largest in America, what he does every Sunday with the problems he is avoiding, and what he told the man who fired him a year later "it was my net worth, not my self-worth" "I called him a year later. I told him I didn't think he did the right thing for Citigroup. then I told him the mistakes I made. he acknowledged my mistakes" "if you split a taxi receipt, that's stealing. if I caught you doing that, I'd fire you" "would you have your child work for that person? half the time we promote people, we would not let our kid work for them" bookmark & watch the full conversation ↓

JPMorgan CEO Jamie Dimon on the day he was fired from Citigroup after 15 years: "my boss called me in and said we want you to resign - to which I said, OK. I went home. the youngest one said, Dad, do we have to sleep on the streets?" this is him explaining how he rebuilt a bank from a $511 million loss into the largest in America, what he does every Sunday with the problems he is avoiding, and what he told the man who fired him a year later "it was my net worth, not my self-worth" "I called him a year later. I told him I didn't think he did the right thing for Citigroup. then I told him the mistakes I made. he acknowledged my mistakes" "if you split a taxi receipt, that's stealing. if I caught you doing that, I'd fire you" "would you have your child work for that person? half the time we promote people, we would not let our kid work for them" bookmark & watch the full conversation ↓

2,303,087 views • 10 days ago

Carl Icahn to Larry Fink on why BlackRock is an extremely dangerous company: "they sell the concept of liquidity - there is no liquidity. That's my point, and that's what's going to blow this up" this is him explaining why he says there will be nobody left to buy when the run starts, why he calls Fink's letters to 800 CEOs a sales pitch, and what Fink says back when he's had enough "everybody's in this party mobile having a drink, having fun. and you know who's pushing that thing? Larry Fink and Janet Yellen. they're heading for a cliff - and you know what's going to destroy it? They're going to hit a black rock" Fink cut in three times - "I don't think that's fair" - Icahn: "I don't care if you think it's fair" "when there's a run, there is nobody to buy that stuff. There is no one out there to buy that trillion bucks" Fink: "you're a good investor, but you're wrong. You're just dead wrong - I'd be happy to spend time with you over lunch, I'll pay, and teach you about ETFs" bookmark & watch the full conversation - then read the article below ↓

Carl Icahn to Larry Fink on why BlackRock is an extremely dangerous company: "they sell the concept of liquidity - there is no liquidity. That's my point, and that's what's going to blow this up" this is him explaining why he says there will be nobody left to buy when the run starts, why he calls Fink's letters to 800 CEOs a sales pitch, and what Fink says back when he's had enough "everybody's in this party mobile having a drink, having fun. and you know who's pushing that thing? Larry Fink and Janet Yellen. they're heading for a cliff - and you know what's going to destroy it? They're going to hit a black rock" Fink cut in three times - "I don't think that's fair" - Icahn: "I don't care if you think it's fair" "when there's a run, there is nobody to buy that stuff. There is no one out there to buy that trillion bucks" Fink: "you're a good investor, but you're wrong. You're just dead wrong - I'd be happy to spend time with you over lunch, I'll pay, and teach you about ETFs" bookmark & watch the full conversation - then read the article below ↓

365,419 views • 2 days ago

Goldman Sachs CEO David Solomon on the $500 billion Nvidia deal: "there's $9 trillion sitting in US money market funds. there's a hundred trillion dollars in US equities. will the returns from all of these things be ample? of course not - there'll be winners and losers" this is the seven of them explaining what a single gigawatt actually costs, what happens to the assets if the companies using them run out of cash, and how fast this is being built compared to the internet BlackRock CEO Larry Fink: "each gigawatt costs 50 to 60 billion. in the United States alone we're going to need over 70 gigawatts" "this is the very beginning, like what it was when I started in the mortgage-backed securities market in the 1970s" Jensen Huang on the failure case: "even if the players run out of cash, there will always be a customer for that computing platform" "it's not Nvidia's money. this is all third party independent long-term capital" bookmark & watch the full conversation, then read the article below ↓

Goldman Sachs CEO David Solomon on the $500 billion Nvidia deal: "there's $9 trillion sitting in US money market funds. there's a hundred trillion dollars in US equities. will the returns from all of these things be ample? of course not - there'll be winners and losers" this is the seven of them explaining what a single gigawatt actually costs, what happens to the assets if the companies using them run out of cash, and how fast this is being built compared to the internet BlackRock CEO Larry Fink: "each gigawatt costs 50 to 60 billion. in the United States alone we're going to need over 70 gigawatts" "this is the very beginning, like what it was when I started in the mortgage-backed securities market in the 1970s" Jensen Huang on the failure case: "even if the players run out of cash, there will always be a customer for that computing platform" "it's not Nvidia's money. this is all third party independent long-term capital" bookmark & watch the full conversation, then read the article below ↓

512,895 views • 6 days ago

Carl Icahn paid a consultant $250,000 to figure out what 173 employees did "we can't figure out what they do either" - he fired all 173 - profit went from $1 million to $96 million this is him breaking down his two biggest trades on camera, why he believes most CEOs in America should be fired, and the pattern that makes every company he touches more profitable "173 people in new york city, five floors. I said what do you guys do? they said you just don't understand, it's a very complex business. I paid a consultant a quarter million dollars. he said we can't figure out what they do either" "I closed the new york office. we kept seven people. today the company makes five times what it made before we bought it" "I knew nothing about the airline business. the company was losing $200 million. my critics said we'd be bankrupt. today we're recording $300 million" "sooner or later all companies end up run by idiots. the number two man by definition has to be a little worse. it's anti-darwinian. I call it survival of the unfittest" bookmark & watch the full conversation ↓

Carl Icahn paid a consultant $250,000 to figure out what 173 employees did "we can't figure out what they do either" - he fired all 173 - profit went from $1 million to $96 million this is him breaking down his two biggest trades on camera, why he believes most CEOs in America should be fired, and the pattern that makes every company he touches more profitable "173 people in new york city, five floors. I said what do you guys do? they said you just don't understand, it's a very complex business. I paid a consultant a quarter million dollars. he said we can't figure out what they do either" "I closed the new york office. we kept seven people. today the company makes five times what it made before we bought it" "I knew nothing about the airline business. the company was losing $200 million. my critics said we'd be bankrupt. today we're recording $300 million" "sooner or later all companies end up run by idiots. the number two man by definition has to be a little worse. it's anti-darwinian. I call it survival of the unfittest" bookmark & watch the full conversation ↓

1,832,707 views • 1 month ago

Stan Druckenmiller told Alex Karp that the market would be flat for a decade, the same way it was from 1966 to 1982: "it's like driving a Porsche 200 miles an hour, not only taking the foot off the gas, but just slamming the brakes on" this is him explaining which companies get built in a decade like that, the one rule that made him buy Palantir before almost anyone, and what Karp says his war products actually do "there were companies that did very, very well in that environment back then. that's when Apple Computer was founded, Home Depot was founded. coal and energy companies, chemicals made a lot of money in the 70s" "one of the cardinal rules I learned early on in venture capital is look where the kids are going. I bought your stock in 08, and I checked - you guys were a magnet for talent" "I did quite well financially, but to tell you the truth, I've never been more proud to own a company" bookmark & watch the full conversation ↓

Stan Druckenmiller told Alex Karp that the market would be flat for a decade, the same way it was from 1966 to 1982: "it's like driving a Porsche 200 miles an hour, not only taking the foot off the gas, but just slamming the brakes on" this is him explaining which companies get built in a decade like that, the one rule that made him buy Palantir before almost anyone, and what Karp says his war products actually do "there were companies that did very, very well in that environment back then. that's when Apple Computer was founded, Home Depot was founded. coal and energy companies, chemicals made a lot of money in the 70s" "one of the cardinal rules I learned early on in venture capital is look where the kids are going. I bought your stock in 08, and I checked - you guys were a magnet for talent" "I did quite well financially, but to tell you the truth, I've never been more proud to own a company" bookmark & watch the full conversation ↓

230,887 views • 7 days ago

Paul Tudor Jones predicted the 1987 crash, made $100 million, then spent years trying to destroy this footage you will watch him lose $6 million in one afternoon, sit in his chair and say "total devastation" then make it all back with 100% interest This documentary will change how you think about risk forever Bookmark & watch it. Then read the post below - $90 billion from being right just 54% of the time↓

Paul Tudor Jones predicted the 1987 crash, made $100 million, then spent years trying to destroy this footage you will watch him lose $6 million in one afternoon, sit in his chair and say "total devastation" then make it all back with 100% interest This documentary will change how you think about risk forever Bookmark & watch it. Then read the post below - $90 billion from being right just 54% of the time↓

4,384,735 views • 3 months ago

Ron Baron put $1.7 billion into SpaceX while it was private - it turned into $15 billion he just placed a billion dollar order at the IPO and said "10 trillion, 20 trillion, 30 trillion and I could be very low" he started with $100 million in 1992, made his clients $61 billion in profit when he was a kid he drove an ice cream truck, now the president of the NYSE comes to him for advice "I pushed all the chips to the center of the table to be tied to the most successful man on the planet, clearly risky, but that's my game" "never bet against the guy with superpowers who would never give up" bookmark and watch it today ↓

Ron Baron put $1.7 billion into SpaceX while it was private - it turned into $15 billion he just placed a billion dollar order at the IPO and said "10 trillion, 20 trillion, 30 trillion and I could be very low" he started with $100 million in 1992, made his clients $61 billion in profit when he was a kid he drove an ice cream truck, now the president of the NYSE comes to him for advice "I pushed all the chips to the center of the table to be tied to the most successful man on the planet, clearly risky, but that's my game" "never bet against the guy with superpowers who would never give up" bookmark and watch it today ↓

2,985,920 views • 2 months ago

Josh Brown stripped every tech company out of the S&P 500 to see what was actually left: "even if you pull tech out, you're looking at 28.3% earnings growth. if you add tech back, it's 32%. it's outrageous" this is him explaining why every bearish narrative on this market is a money losing one, why the multiple everyone quotes makes no sense, and what the people running these companies have survived to get here "ten out of eleven sectors are getting profit growth. a lot of the narratives about it's all AI, or it's so narrow, it's concentrated - throw them all in the garbage. they're money losing narratives" "net income margin has been revised up to 15.6% from 15. sales growth is 15.2% - that's 300 plus basis points above what was expected as recently as two months ago" "is 20 times earnings cheap? no. but why would it be less? why would the multiple on this crop of companies be 16 times earnings because it was in 1994? it makes no sense - these companies are the Michael Jordan of every sector" "record inflation spike, the pandemic and all the difficulty hiring, then the tariff stuff - these are absolute warriors, the people running these companies" bookmark & watch the full conversation, then read the article below ↓

Josh Brown stripped every tech company out of the S&P 500 to see what was actually left: "even if you pull tech out, you're looking at 28.3% earnings growth. if you add tech back, it's 32%. it's outrageous" this is him explaining why every bearish narrative on this market is a money losing one, why the multiple everyone quotes makes no sense, and what the people running these companies have survived to get here "ten out of eleven sectors are getting profit growth. a lot of the narratives about it's all AI, or it's so narrow, it's concentrated - throw them all in the garbage. they're money losing narratives" "net income margin has been revised up to 15.6% from 15. sales growth is 15.2% - that's 300 plus basis points above what was expected as recently as two months ago" "is 20 times earnings cheap? no. but why would it be less? why would the multiple on this crop of companies be 16 times earnings because it was in 1994? it makes no sense - these companies are the Michael Jordan of every sector" "record inflation spike, the pandemic and all the difficulty hiring, then the tariff stuff - these are absolute warriors, the people running these companies" bookmark & watch the full conversation, then read the article below ↓

173,910 views • 6 days ago

Elon Musk told Ron Baron he's building a chip that will be 2 to 3 times better than NVIDIA - at 10% of the cost "I have the entire physical design of the chip laid out in memory - I can visualize the whole thing" when TSMC told him a new fab takes 5 years he said: "five years to me is an eternity - my timelines go one year, two year, and at year three it goes to infinity" so he's building his own Tesla's self-driving has logged 10 billion miles - 4 times safer than a human driver - with the new chip it will be 10x "I don't own any vacation homes - just one house in Austin and a tiny house at Starbase - friends come to visit and they think I'm kidding" watch the full conversation ↓

Elon Musk told Ron Baron he's building a chip that will be 2 to 3 times better than NVIDIA - at 10% of the cost "I have the entire physical design of the chip laid out in memory - I can visualize the whole thing" when TSMC told him a new fab takes 5 years he said: "five years to me is an eternity - my timelines go one year, two year, and at year three it goes to infinity" so he's building his own Tesla's self-driving has logged 10 billion miles - 4 times safer than a human driver - with the new chip it will be 10x "I don't own any vacation homes - just one house in Austin and a tiny house at Starbase - friends come to visit and they think I'm kidding" watch the full conversation ↓

2,650,083 views • 2 months ago

CEO of Citadel: "no one is more wrong than I am today", he built the most profitable hedge fund in history in this interview he explains why he hired a Russian rocket scientist, why being the smartest in the room is a mistake, and why being right 54% of the time made $90 billion Bookmark & watch it. Then read the article below - The 77-year-old formula that explains why a small edge is all you need ↓

CEO of Citadel: "no one is more wrong than I am today", he built the most profitable hedge fund in history in this interview he explains why he hired a Russian rocket scientist, why being the smartest in the room is a mistake, and why being right 54% of the time made $90 billion Bookmark & watch it. Then read the article below - The 77-year-old formula that explains why a small edge is all you need ↓

4,245,352 views • 3 months ago

Steve Schwarzman started Blackstone with $400,000 - mailed 488 fundraising documents - the first 17 said no person number 18 said yes - he raised $850 million his first deal made 16x - his second made 24x - Hilton made $12 billion, the most profitable buyout in history Mike Bloomberg offered him 20% of his company for $100 million - Schwarzman wanted in but his fund structure wouldn't allow it - that stake today would be worth $8 billion today Blackstone manages $333 billion bookmark and watch the full interview ↓

Steve Schwarzman started Blackstone with $400,000 - mailed 488 fundraising documents - the first 17 said no person number 18 said yes - he raised $850 million his first deal made 16x - his second made 24x - Hilton made $12 billion, the most profitable buyout in history Mike Bloomberg offered him 20% of his company for $100 million - Schwarzman wanted in but his fund structure wouldn't allow it - that stake today would be worth $8 billion today Blackstone manages $333 billion bookmark and watch the full interview ↓

2,373,646 views • 2 months ago

Gavin Baker on the SpaceX situation: "Wall Street consensus is $73 billion in revenue - if they bring on 3 gigawatts of power next year that's $150 billion - that's not in the model" this is him explaining why SpaceX could double what the Street expects, why intelligence per dollar will define the future of AI, and why betting against Elon has destroyed entire funds "open source models fundamentally just shift margin from the model layer to the infrastructure layer - if you have cheaper tokens we're going to consume more of them - we are structurally short compute" "the Cursor acquisition for $60 billion is looking very smart - that was $3 billion in annual revenue when they bought it - I think it's probably materially higher" "there's a graveyard of funds that shut down because they were Tesla short" bookmark & watch the full conversation ↓

Gavin Baker on the SpaceX situation: "Wall Street consensus is $73 billion in revenue - if they bring on 3 gigawatts of power next year that's $150 billion - that's not in the model" this is him explaining why SpaceX could double what the Street expects, why intelligence per dollar will define the future of AI, and why betting against Elon has destroyed entire funds "open source models fundamentally just shift margin from the model layer to the infrastructure layer - if you have cheaper tokens we're going to consume more of them - we are structurally short compute" "the Cursor acquisition for $60 billion is looking very smart - that was $3 billion in annual revenue when they bought it - I think it's probably materially higher" "there's a graveyard of funds that shut down because they were Tesla short" bookmark & watch the full conversation ↓

771,173 views • 27 days ago

Bill Ackman says he can turn $25 billion into a trillion dollars without hiring a single person - his track record: $1 became $28 in 22 years this is him explaining how he's building the next Berkshire Hathaway, why he gave every retail investor full allocation, and how he picks the best businesses in the world "a dollar invested with us 22 years ago became 27 or 28 times. we're going from $25 billion to a trillion, we don't have to hire another person" "I said I'm going to give every retail investor a full allocation. they found themselves with about 10 times as many shares as they wanted" "some of the best businesses in the world are trading at the lowest multiples right now. stocks of really high quality companies are incredibly cheap" "the management team has north of $500 million invested. we've had the best 8 years in our 22-year history" bookmark & watch the full conversation ↓

Bill Ackman says he can turn $25 billion into a trillion dollars without hiring a single person - his track record: $1 became $28 in 22 years this is him explaining how he's building the next Berkshire Hathaway, why he gave every retail investor full allocation, and how he picks the best businesses in the world "a dollar invested with us 22 years ago became 27 or 28 times. we're going from $25 billion to a trillion, we don't have to hire another person" "I said I'm going to give every retail investor a full allocation. they found themselves with about 10 times as many shares as they wanted" "some of the best businesses in the world are trading at the lowest multiples right now. stocks of really high quality companies are incredibly cheap" "the management team has north of $500 million invested. we've had the best 8 years in our 22-year history" bookmark & watch the full conversation ↓

1,334,009 views • 1 month ago

Mark Cuban watching AI repeat the exact same pattern as dot com bubble: "if there's a price performance curve on AI that minimizes the power requirements there's going to be a lot of data centers that are going to be turned into pickleball courts" this is him explaining why he thinks most VCs and funds are about to get wiped out, why CEOs have no idea what's coming, and what the dot-com bubble taught him about what happens when everyone prices to perfection "it's not the traditional dot-com bubble - but it could just destroy a lot of VCs and a lot of funds and a lot of PE - because they're going all in" "CEOs have no clue what is going on with AI - none whatsoever - and that's not going to change" "every single business plan ever written in the history of business plans is wrong" bookmark & watch the full conversation ↓

Mark Cuban watching AI repeat the exact same pattern as dot com bubble: "if there's a price performance curve on AI that minimizes the power requirements there's going to be a lot of data centers that are going to be turned into pickleball courts" this is him explaining why he thinks most VCs and funds are about to get wiped out, why CEOs have no idea what's coming, and what the dot-com bubble taught him about what happens when everyone prices to perfection "it's not the traditional dot-com bubble - but it could just destroy a lot of VCs and a lot of funds and a lot of PE - because they're going all in" "CEOs have no clue what is going on with AI - none whatsoever - and that's not going to change" "every single business plan ever written in the history of business plans is wrong" bookmark & watch the full conversation ↓

684,574 views • 27 days ago

ex-CEO of Goldman Sachs just explained how he spotted the 2008 crisis from a movie theater on his BlackBerry "something moved 6% that was only supposed to move 4 basis points - I said excuse me I have to go to the bathroom - and started making calls" "I don't care what you think is going to happen - I only want to know what could possibly happen - even with low probability - and what we're doing about it" "we were very good contingency planners - when that remote contingency happens you get off the block so quickly people think you anticipated the gun - we just heard it and acted quicker" bookmark & watch the full conversation ↓

ex-CEO of Goldman Sachs just explained how he spotted the 2008 crisis from a movie theater on his BlackBerry "something moved 6% that was only supposed to move 4 basis points - I said excuse me I have to go to the bathroom - and started making calls" "I don't care what you think is going to happen - I only want to know what could possibly happen - even with low probability - and what we're doing about it" "we were very good contingency planners - when that remote contingency happens you get off the block so quickly people think you anticipated the gun - we just heard it and acted quicker" bookmark & watch the full conversation ↓

1,629,305 views • 1 month ago

Paul Tudor Jones told Stan Druckenmiller what his own obsession with the national debt cost him: "after the crash of 1987 I was so worried about debt to GDP, it caused me to be short the stock market for the entire decade of the 90s" Druckenmiller's answer: "the one rule I had for 30 years of trading was never let my obsession with the debt interfere with my trading, because I felt it would never have market impact" this is him explaining what changed his mind, what he calls the biggest blunder in the history of the Treasury, and the position he is actually in right now "Argentina, from 2020 to 2023, their central bank financed 60% of their deficit. they got 122% inflation. the Fed, by the way, financed 60% of ours - just a kind of a fun fact" "by 2043 interest expense will be 7% of GDP. that is 144% of all current discretionary spending. so the politicians telling you they're not going to cut entitlements - it's just an outright lie" "I bought a massive leverage position in two years. I'm short 30 years. I'm actually long fixed income for the first time since 2020" bookmark & watch the full conversation, then read the article ↓

Paul Tudor Jones told Stan Druckenmiller what his own obsession with the national debt cost him: "after the crash of 1987 I was so worried about debt to GDP, it caused me to be short the stock market for the entire decade of the 90s" Druckenmiller's answer: "the one rule I had for 30 years of trading was never let my obsession with the debt interfere with my trading, because I felt it would never have market impact" this is him explaining what changed his mind, what he calls the biggest blunder in the history of the Treasury, and the position he is actually in right now "Argentina, from 2020 to 2023, their central bank financed 60% of their deficit. they got 122% inflation. the Fed, by the way, financed 60% of ours - just a kind of a fun fact" "by 2043 interest expense will be 7% of GDP. that is 144% of all current discretionary spending. so the politicians telling you they're not going to cut entitlements - it's just an outright lie" "I bought a massive leverage position in two years. I'm short 30 years. I'm actually long fixed income for the first time since 2020" bookmark & watch the full conversation, then read the article ↓

146,750 views • 7 days ago

Stan Druckenmiller lost $800 million in 13 days shorting internet stocks - finished the year up 42% after making $5 billion in the last two months he just broke down exactly how he thinks about risk and why he's never used a stop loss in his career "I was running $6 billion with the best record I knew of and getting paid $43,000 a year" "George Soros told me my $5 billion bet against the pound was ridiculous - why only $5 billion - do $15 billion - we broke the Bank of England" "when you're up 20 or 30 percent you're playing house money - that's when you try and get up 60 or 70" "I have never used a stop loss in my career - if it starts not acting well relative to news I just get out" bookmark & watch the full conversation ↓

Stan Druckenmiller lost $800 million in 13 days shorting internet stocks - finished the year up 42% after making $5 billion in the last two months he just broke down exactly how he thinks about risk and why he's never used a stop loss in his career "I was running $6 billion with the best record I knew of and getting paid $43,000 a year" "George Soros told me my $5 billion bet against the pound was ridiculous - why only $5 billion - do $15 billion - we broke the Bank of England" "when you're up 20 or 30 percent you're playing house money - that's when you try and get up 60 or 70" "I have never used a stop loss in my career - if it starts not acting well relative to news I just get out" bookmark & watch the full conversation ↓

1,394,401 views • 1 month ago

Paul Tudor Jones called Elon Musk "the poster child for the French Revolution" - then said "grow our way out by cutting taxes? complete bullshit, the bond market will revolt" this is the most legendary macro trader explaining why America's debt will end in default, why AI experts think there's a 5% chance it ends humanity, and how he's traded through every crash since 1976 "Elon looks a thousand years in the future with space travel, but his governance goes back a thousand years. very tribal. he's going to take his net worth from $250 billion to $500 billion at the expense of millions of knowledge workers" "this year the US Treasury is bringing $2.8 trillion of debt to market. by 2050 we'll have 250% debt to GDP. well before then we'll have lost our reserve currency status. we will clearly have a debt default" "58% of AI experts said there's a 5% chance AI could end humanity. how do you risk manage a 5% chance of the end of humanity? no futures contracts for that" "price charts never lie. I've seen many people confuse being right fundamentally with making money. you can be right fundamentally and absolutely lose your shirt and go bankrupt" bookmark & watch the full conversation ↓

Paul Tudor Jones called Elon Musk "the poster child for the French Revolution" - then said "grow our way out by cutting taxes? complete bullshit, the bond market will revolt" this is the most legendary macro trader explaining why America's debt will end in default, why AI experts think there's a 5% chance it ends humanity, and how he's traded through every crash since 1976 "Elon looks a thousand years in the future with space travel, but his governance goes back a thousand years. very tribal. he's going to take his net worth from $250 billion to $500 billion at the expense of millions of knowledge workers" "this year the US Treasury is bringing $2.8 trillion of debt to market. by 2050 we'll have 250% debt to GDP. well before then we'll have lost our reserve currency status. we will clearly have a debt default" "58% of AI experts said there's a 5% chance AI could end humanity. how do you risk manage a 5% chance of the end of humanity? no futures contracts for that" "price charts never lie. I've seen many people confuse being right fundamentally with making money. you can be right fundamentally and absolutely lose your shirt and go bankrupt" bookmark & watch the full conversation ↓

786,377 views • 1 month ago

Thomas Peterffy saved $200,000 over 12 years - bought a seat on the stock exchange - and turned it into $4 billion after taxes he just broke down exactly how he did it and revealed the one habit that separates his most successful traders from everyone else "I was the only one who knew the right value for an option - so it wasn't very difficult for me to make money" "the most common trait among the best traders is they always use limit orders - they very seldom take an offer or hit a bid" bookmark & watch the full conversation ↓

Thomas Peterffy saved $200,000 over 12 years - bought a seat on the stock exchange - and turned it into $4 billion after taxes he just broke down exactly how he did it and revealed the one habit that separates his most successful traders from everyone else "I was the only one who knew the right value for an option - so it wasn't very difficult for me to make money" "the most common trait among the best traders is they always use limit orders - they very seldom take an offer or hit a bid" bookmark & watch the full conversation ↓

1,321,675 views • 2 months ago

Carl Icahn told Larry Fink to his face that BlackRock is "an extremely dangerous company" - then told Wall Street "the mafia has a better code of ethics than you guys" this is him explaining why BlackRock is pushing the economy off a cliff, why Wall Street keeps selling junk to the middle class, and what 50 years on Wall Street taught him about what's coming next "BlackRock is an extremely dangerous company. people are buying these bonds not understanding what they're buying" "the mafia has a better code of ethics than you guys. you're selling this crap and you keep selling it and you're shorting some of it" "they're all on this party, having a drink, having fun, pushing this thing toward a cliff. you know what's going to destroy it? they're going to hit a Black Rock" "I've been around a long time. I saw it in '69, '74, '79, '87, 2000. I think a time is coming that might make some of those times look pretty good" bookmark & watch the full conversation ↓

Carl Icahn told Larry Fink to his face that BlackRock is "an extremely dangerous company" - then told Wall Street "the mafia has a better code of ethics than you guys" this is him explaining why BlackRock is pushing the economy off a cliff, why Wall Street keeps selling junk to the middle class, and what 50 years on Wall Street taught him about what's coming next "BlackRock is an extremely dangerous company. people are buying these bonds not understanding what they're buying" "the mafia has a better code of ethics than you guys. you're selling this crap and you keep selling it and you're shorting some of it" "they're all on this party, having a drink, having fun, pushing this thing toward a cliff. you know what's going to destroy it? they're going to hit a Black Rock" "I've been around a long time. I saw it in '69, '74, '79, '87, 2000. I think a time is coming that might make some of those times look pretty good" bookmark & watch the full conversation ↓

848,672 views • 1 month ago