Exposing Chamath Palihapitiya’s Biggest SCAM

[@yuanwang8136]

Where is SEC? This guy is no different than Madoff, he should be put in jail!

[@klank67]

Cathie Wood is another mystery...how on earth is she still managing anything?!

[@ManishSingh-hk4ui]

Agreed

[@robertruschak7083]

I would not let her manage $1 dollar in a savings account

[@joshuapatrick682]

Dude justified this predation by saying he “deserves to be one of the elite who rule the world”. When someone thinks that; can you really be shocked they do these things?

[@rkalla]

You are one of the few that remembers Chamath said this in that interview 8 or so years ago. That was one of the last moments Chamath said anything honest.

[@alwin2588]

Guy is a crook to the bone, do the opposite of what chamat says

[@lukelewkowicz2233]

There was this defining therm for people of sort, 'Gypsies' in the past. Certain traits persist regardless of time. Who was the guy that said "the bussines of future is based on fraud".

[@sachin265]

why is he a crook? why did the retail investors put a stoploss?

[@osmiumtank]

Fingers crossed that this clown will be prosecuted and sent to prison.

[@sachin265]

@@osmiumtank for what? an investment tanking due to bear-sentiment? for getting paid to do promotion? where is the crime exactly? he has been a seasoned investor for best part of 2 decades.

[@osmiumtank]

Misleading investors. Everything you say is applicable to Bernie Madoff and Sam Bankman-Fried. I imagine the feds are working on the case. They’re usually meticulous and take their time.

[@jamesnguyen2911]

when he says a space company is one of the safest companies you gotta doubt him

[@DDDD-pv7fw]

CNBC has a huge hand in this scam, they had him on regularly. Even a few times a week he would be on cnbc

[@ManishSingh-hk4ui]

Media has promoted him as wise and trusted investor too … now everyone is hiding. Thanks for making this clip.

[@mbg9650]

That's a well deserved hit piece.

[@HermannTheGreat]

Remember when Shamath was sellingTesla while telling people on CNBC how great of a buy it was?

[@கோபிசுதாகர்]

Scamath

[@therealjayz8036]

He’s done many shady things but that’s not one of them. He and the other guys on the pod always kissing Elons ass in public, they don’t want to get on Elon’s bad side. That doesn’t mean he’s not allowed to sell Tesla shares

[@denialphasebitcoin5639]

Capitalism, you needs fools also

[@Jeez001]

He did the same with Virgin Galactic and so did Richard Branson both dumped right before first launch and report that came out that said they need to redesign their aircraft’s.

[@BeitBridg]

@@therealjayz8036 Elon is David good friend why would they talk bad about Elon ? Is Chamath a scammer or just bad investor because all these SPACs are real companies . Clover health does $800million in revenue & has Clintons on the board

[@Seegreen8777]

He should put himself in the arena with a retail investor. Let’s see if he open his month to call them a loser.

[@sachin265]

He's an UHNWI, he will put a stoploss and move on. He sold his shares at his stop loss, he didnt leave his money in there then pray for a good day.

[@negochristian1]

Why would he do that? The retail investor is the most uneducated investor and pays the highest fees and taxes.

[@sachin265]

@@negochristian1 yup exactly

[@chunkvv]

thanks for making this, we need to keep calling out these crooks

[@brubakertx]

He is a really likeable guy, but a scammer! Reminds of Barack Obama! That's why he tried to go into politics...he learned from Obama.

[@hmd6202]

Did we watch the same video? I missed the part Chamath charged his audience a monthly subscription, or fee of any kind. How many clients does Chamath have as a licensed financial advisor? I'll give you a clue, it's the same number of people he's responsible for that lost money, 0. Life lessons for those trying to take shortcuts. It is unconscionable to think in our modern day, that someone would hear fodder from a person they don't know, never met, etc., and then based on what is said on TV or social media, they invest their own $ without consulting an actual financial advisor. WILD!!!!

[@chunkvv]

you think you cant be a con man in the markets because you dont have a monthly description @@hmd6202 🤡

[@exposedthat]

kzbin.infov0AOtyMAWKA?si=BIe5p1fcm1kzifhq

[@deleteddata6671]

I don’t understand how average ppl see these beta males and invest. One look at him and that’s a hard pass for me…

[@zubairshah1612]

Never trusted a word this guy said, my gut feeling on him was spot on

[@johnnydoe3603]

Hope you did your Research before making Financial Decisions rather than Depending on your gut. 🤦🏻‍♂️

[@thechosenwon6762]

I did at first but it was really strange I had dream about him and in it and basically the dream told me to have zero to do with anything he said I trusted my gut thankfully

[@zubairshah1612]

@@johnnydoe3603 I followed my gut feeling in judging the person in what they were doing and not it making financial decisions, you are conflating one with the other. They are not the same.

[@Ty-mh7gy]

Shoutout it to Marc Cobodes. He knows how to sniff out bad actors

[@erandeser5830]

One of former CNBC champions, they gave him air time.

[@Dividendflywheel]

YES. They are equally guilty

[@brubakertx]

NBC is corrupt too. That's why Trump called them Fake News!

[@davidscholz7489]

That guy sounded so much like Jordan Belford on the investment pitches

[@F7XG450G550]

He was involved with Proterra too. I lost 17k on that disaster. My own fault for investing, but it still stings.

[@herogebrial]

What's proterra? What do they do and why did you invest? Have you been investing lately?

[@gopaljasti1812]

Thanks for the video on Chamath. He should be prosecuted by SEC for his open cheating on networks like CNBC. And these networks must ban this guy from any future airtime and promotions.

[@JADiaz10]

The problem is years ago they would do good videos on him giving him praise which led us all astray. It’s too late. We lost our money and now they’re calling him out? Smh

[@sachin265]

Lol, what did he scam on exactly? He was paid to promote. Why didnt people put a stop loss when the SPAC was losing money?

[@jamal3298]

The SEC is too busy trying to destroy crypto instead of going after actual criminals.

[@duncanfromunderthebridge]

It isn’t a scam to go on TV and say that your taking a company public and that you think it’s a good investment. Even if you don’t think it’s a good investment. Did people really think that because some dude on CNBC said it was a good investment that that meant there were no risks? I don’t like the guy, but people should have some semblance of personal responsibility.

[@jamal3298]

@@duncanfromunderthebridge Market manipulation is illegal. Ask Elon Musk.

[@Phlegethon]

People are surprised a guy that looks like a scammer is a scammer?

[@lucapinto2]

That might be a tad racist ngl

[@sbrooks904]

racist af

[@NeoSoulCrew]

Call it like you see it

[@UnknownSend3r]

That’s racist but accurate, so il accept it.

[@manonamission2000]

too much mullet?? 😂

[@vjrdy8397]

I too fell for his SPAC spam! Thank you for bringing this to our attention!

[@theofontaine5564]

I'll never forget when he promoted NFTs on his pod....

[@robertruschak7083]

Exposed GArY Vee promotes his NFT ( 🗑️)

[@Dividendflywheel]

As bad as he is… I believe the networks that allow him to reach naive (new) investors are equally guilty

[@gokulnaththeboss08]

When big media allowing him to do interview it will create some sort of trust in public view.its a sad thing like para social phenomena

[@ApriliaRacer14]

American system in its entirety

[@yj9032]

Shooting the messenger

[@shortythefrenchie]

CNBC is part of the pump and dump

[@Dividendflywheel]

@@ApriliaRacer14 Sad. Especially when the regulators do nothing. More reason to just index

[@rg7792]

Bill Ackman earlier SPAC was not allowed by the SEC and he returned the money to investors and Bill Ackman has been successful in another SPAC's creation but he explains the terms and conditions of the SPAC clearly to his investors.

[@1b0o0]

Let’s not compare the two, please and thank you. 😩

[@BeitBridg]

He returned the money because of valuations. Bill Ackman cried about the world being over on CNBC in 2020 so his short positions would make money. All these investors in it for themselves

[@herogebrial]

They're billionaires for a reason. We can't all be super rich, don't be fooled trying to get rich quick. Due diligent Slow incremental investments is the way to go.

[@Chad-Tyrone-Pookey]

@@1b0o0. What? Bill is good, right? Sure , yeah…

[@JLC-p6r]

Any time someone says they have an 'opportunity' you need to complete the sentence in your mind...'to take all your money, and move it from your pocket, into mine'

[@masoncnc]

He famously pumped and dumped TSLA, just not through a spac.

[@albeit1]

Yes, he did. How much have investors lost on Tesla since then?

[@MirceaGoia]

He is friends with Musk

[@valireklaam]

Virgin Galactic too

[@manonamission2000]

@@MirceaGoiasource?

[@masoncnc]

@@albeit1 he pretty much sold the top and it's down 50% ATM

[@boucherdaniels897]

Great job. Please spread this video all over the internet so that the investing community knows who is this guy and won't fool for him in the future.

[@BeitBridg]

I picked up $OPEN and 95c up 100% $CLOV at $1 slightly up.. its not his fault you don’t understand valuations..

[@lukelewkowicz2233]

A certain trait that comes from one and only part of our world.

[@lukelewkowicz2233]

😊

[@Corteum]

Do one on Bill Gates, Wall St, Congress, Big Tech, Legacy Media, Big Pharma, the WEF, the World Bank..... your governrment.... How you got scammed by all of them and didnt b|tch about it one bit! Lol

[@avordshaw6244]

A certain part of the world?? You mean Europe, specifically Italy where Charles Ponzi was born?

[@sanesanyo]

Finally someone, have been calling out Chamath's scams for a long time. Thank you for doing this. The community needs to know this.

[@sachin265]

what was the scam exactly? Did he put a gun to your head to invest?

[@Carefreeblues]

​@@sachin265Pump and Dump is a crime. He's smart enough to tiptoe around the law but we all know what He's doing. This guy screams ethics from the top of the hill, but is nothing more than a snake oil salesmen.

[@Clemson-97]

@@sachin265 You're the problem

[@KC-uw6ph]

Scam? Not sure you know what it meansz Sorry maybe you should read some news on SBF, now that’s what you call a scams

[@KC-uw6ph]

@@sachin265yeah it’s every losers excuse when they lose money because they can’t make proper evaluations and know when to stop investing. 😂😂

[@dogussahin]

He pitches himself as the anti billionaire who will change the world for the benefit of public with his own smartly made fortune, but the irony is he is building is wealth big on immense speculation and bashing on all the necessary guardrails SEC put to protect public retail investors during standard IPO phase of private companies

[@dom2555]

He may had his own incentives, but it's not like people should not make their own diligence, if you simply "bet on red" you're not investing, you're gambling. You can't blame others if you don't put in the work. Chamath didn't "lose retail investors' money" at the end of the day retail investors lose their own money because they didn't do their homework, they weren't forced to buy with a gun or were blocked from selling at any given time. He made about a billion dollar cumulatively. Who is the dumb in this whole thing? Because it seems to me SPACs worked pretty decently for him.

[@BBBarua]

For Chameth's technique to work, he must drum up on how "Majority" regular people could benefit from his SPAC. The truth is he would gain the most from his tactics. Not the ordinary people. Once you broke trust, you are nothing in this digital world.

[@ClearanceCollector]

As a Gen X, I manage my own investments. Only people who glue to social media would trust some celebrity’s word to invest on something.

[@aminazad22]

As people may hate the process, there is reason IPO filing and approval requires so many hoops to jump. SPAC is just a scam like bluechips

[@shivendrasingh7929]

I am from India. I realised this 1.5 yr ago when he dumped Tesla and suggesting public to hold. He is a SCAMMER.

[@Corteum]

If youre stup|d enough to not verify claims or validate statements, then you shouldnt be playing that game, should you.

[@jimjackson4256]

Aren’t there any laws against scammers in the US?

[@youtubesucks8024]

They don’t apply if the rich scam the poor

[@skyline2203]

In the US only the little thieves get caught on Wall Street, big ones like him get away with it for the most part. Also depends on who lost money, if it's just retail then SEC rarely does anything like in this case, on the other hand if a bunch of rich famous people lose money or are made to look bad as happened with SBF then they prosecute.

[@SkyHeaven9]

❤

[@Dan16673]

No

[@SecondTake123]

No criminal ones but maybe the SEC could fine him.

[@Gioandgoose]

Yup I lost 40k thinking he was on to something and claiming the DD was done. With a reputation like his leading into 2020, I fell for it and have no savings and have no one to blame but me.

[@i.03983]

U didn't lose it u gave it away to chamath lol

[@Gioandgoose]

@@i.03983😅 you right it was charity

[@BlackcoinDev]

why is this guy on CNBC promoting this in the first place?

[@wilsonjudson1650]

Inflation has a greater impact on people's cost of living than a crashing stock or housing market, resulting in an immediate and tangible effect. This explains the current high level of negative market sentiment, and our need for assistance in surviving this challenging economy. The financial markets have underperformed due to fears of inflation, causing stock and bond prices to plummet. Despite sounding basic, consulting a financial advisor has enabled me to outperform the market and achieve a profit of $850,000 since June 2022, making it the ideal approach to enter the financial markets today.

[@jamesmaduabuchi6100]

Since the onset of the COVID-19 pandemic, constructing a solid financial portfolio has become increasingly intricate. Therefore, I strongly advise anyone facing difficulties to consider seeking professional assistance. By doing so, you can access tailored strategies that specifically cater to your individual long-term goals and financial aspirations.

[@yuikiyoshi1248]

May I know the name of the financial advisor who has been helping you with your investments? If you're comfortable sharing, could you also guide me on how to contact them?

[@wilsonjudson1650]

The financial advisor I work with is *STEPHANIE KOPP MEEKS* . I discovered her during a CNBC interview and contacted her thereafter. She has been guiding me by providing entry and exit points for the specific securities I focus on. If you're interested, you can search for her online to learn more about her expertise. I have been following her market strategies and have had no regrets thus far.

[@yuikiyoshi1248]

After conducting an online search, I came across *STEPHANIE KOPP MEEKS* and thoroughly examined her credentials. It appears that she possesses considerable expertise in the field. Consequently, I reached out to her, providing a comprehensive description of my financial market objectives.

[@nickjerrat]

Also he massively promoted and invested in other SPACS like Latch and Sunlight Financial, as well as the SPACs that didn't get deals, like IPOD and IPOF.

[@kamara496]

Finding out all these billionaires are scammers is wild

[@johnnydoe3603]

It will Trickle Down Eventually Hopefully 🤣🤣

[@GFYM_Finance]

He reminds me of the Tom Haverford character in Parks & Rec. Always had some kind of laughable "hustle" and was the most annoying figure on the show.

[@wangelite5279]

He is amazing to watch. He shows how clinical psychopath behaves and reacts to things. Never in history can we observe the mannerisms and behaviours of clinical psychopath

[@MirceaGoia]

Why do you think he is friends with Musk, Sacks and other from his clique at All In podcast?

[@goden8884]

What I learned from "all in podcast". Making money is easy when do not care who gets hurt just as long as you get paid. Lying and misinformation is a great marketing tool for sociopaths.

[@wangelite5279]

​@@goden8884 I think him and Jcal are the clearest sociopaths. Chamath is not easy to spot but after more listening, it becomes clearer. Its also very interesting how he sort of holds back on his outspoken worship of Musk because he knows musk is taking a reputation hit at the moment. But I learn so much about these people. Im happy All In podcast exist, if not they will be in the shadows. To be able to observe these sociopath in more detail is helpful.

[@wangelite5279]

@@MirceaGoia I wonder if you have them in isolation without people they can take advantage of. What are the behaviours? Everyone will try to dominate everyone. Im sure some form of hierarchy will form and then bloodbath.

[@exposedthat]

kzbin.infov0AOtyMAWKA?si=BIe5p1fcm1kzifhq

[@foodietraveler]

I believe Chamath is offering a subscription service for his thoughts now.

[@ThisDaniel]

Are there no legal recourses considering how involved he was in promoting these things?

[@RandomShowerThoughts]

He’s basically like Elon Musk, he’ll make outlandish promises

[@Emmodi10]

What are you smoking? Comparing Chamath with Elon

[@jacksmith-mu3ee]

This is why i support chinese

[@tarsierontherun]

​@@Emmodi10what are YOU smoking to still believe in Elon?

[@Emmodi10]

@@tarsierontherun why do u not believe in Elon? Don't be an NPC

[@manonamission2000]

not the same... Elon has built companies from scratch

[@raz3788]

Actually Sofi is one of the best performing unprofitable small cap.

[@boucherdaniels897]

But look at SOFI's performance since it went IPO. Useless. Sorry for all those people who trusted this guy and invested all their hard earned money in these broken companies and got broke while he pumped and dumped his shares and became a billionaire.

[@raz3788]

@@boucherdaniels897 Revenue 2021: 1B /2023: 2,9B while losing less money. That‘s actually a very good performance. So it‘s a very good invesment if you take out the macro economie

[@orr989]

@@boucherdaniels897if you were smart then you see the drop in stock price as an opportunity especially while Sofi has amazing growth with amazing quarterly earnings reports and will report GAP profitability in January of 2024… the drop in stock price was due to the student loan moratorium that has recently ended in October.

[@owenoswardaddai5944]

Has anyone noticed this hit pieces came out after he claimed with the benefit of hindsight Trump was a better President.

[@wealthbyGDP]

To be fair, I can name another 50 high-growth tech companies that went down 75-90% in the last couple of years... when you buy something listening to someone, you must also sell as soon you know that person sold. You are only left holding the bag when you execute half the trade (buy-side).

[@7204696]

But almost all of them have rebounded and back up, because they are real companies

[@chunkyMunky329]

The problem is bigger than Chamath. He is just the worst among a pack of wolves. Ever since the stock crash of 2008, the average company has performed increasingly terribly after IPO. It starts with accelerator programs like Y Combinator that hype up founders who have copied and pasted their ideas off other people then raced to succeed first without increasing customer value. They rely too much on ads to get big and they never figure out how to decrease these costs or how to convince customers or advertisers to pay more. So the company falls apart. But the early investors often get out before the public realises what is going on. High growth is a scam. It is all about running a business unprofitably and promising that you can bring down the costs, when you have no idea how you will achieve that. So you shouldn't say that Chamath is not so bad compared to high growth tech companies. They're all crooks to varying degrees.

[@chunkyMunky329]

Also, how were people supposed to know that Chamath has sold? He advertised the stocks on broadcast TV, but those networks did not put the same effort into alerting people of his sale. What you are suggesting is not reasonable. Most people have jobs and cannot be tracking things like this in real time. I wouldn't even know what Twitter accounts to follow to make sure that I get alerted to something like this . And I definitely wouldn't know how to track his trades by myself.

[@MT-wt6uo]

SEC should go after him.

[@Elliott_Wave]

A VC using OPM. He needs to face the law as a pump and dump public set up.

[@hume1234561]

A SPAC is sketchy in the first place and the business models weren't profitable at a perfunctory glance. So I would blame retail for not doing their homework.

[@johnnydoe3603]

No One does their Research and Want someone to Blame for their Poor Choices. 😂

[@Brandon-xp1ob]

I don't trust the guy

[@xchazz86]

Never trust a dodgey indian in business.

[@web2yt488]

Agree. A history of pitching with conviction, then "changing his opinion"

[@jacksmachine1874]

Every person with over a few million dollars is greedy and a bad person. It's simple.

[@Follow_Your_Dreamsz]

You don't trust Indians

[@jacksmith-mu3ee]

If its not chinese . I don't trust it . I only trust chinese

[@peterrex8191]

Unfortunately most people treat investing like buying a scratch off lottery ticket..

[@sanesanyo]

To all guys calling him Indian in the comment thread, his family is originally from Srilanka and he was raised in Canada. Just to get the facts straight.

[@epicscoreCS2]

As soon as he called him self the next warren buffet when he only invested into iPos and high growth high risk assets...I knew he was full of crap

[@tarsierontherun]

How people still get scammed by guys like that is a mystery to me. It's so obvious they're scammers!

[@sdm6054]

Because he has celebrity appeal and people, for some bloody reason, think celebrities are faultless and everything they do is good. You mix in the virtue signalling he was clever to craft, think of his "green" investments, and you get the political capital needed to really scam people. People ate his turds and said it was chocolate. I don't feel sorry for people that fell for an obvious scam. Don't blindly "trust" anyone, especially someone that stands to gain from your loss.

[@YourNameYourSoul]

He is truly the king of the Jeets

[@indy7905]

I experienced this, if Chamath recommends option A it’s clear that never go for A, go with option B,C or D

[@WyattEmge]

When I first heard of spacs I knew exactly how it would end. Ipos never do well and spacs were just ipos with lesser entry points for companies to raise money and these guys to get their commissions and run.

[@l30n.marin3r0]

The thing is: it doesn't matter. Money doesn't exist, we only have currencies. The name of the game is: make money before this goes to shit. And if you have a bot running your buys and sells, all the better.

[@jerbear7952]

I am not trying to build myself up but I don't understand how people fall for these grifters. They all come off as dishonest salesmen to me.

[@zigmej]

I always wonder about people who are able to see this guy and hear him but then give him a dime. INSANE.

[@lukelewkowicz2233]

One particular trait of our world is exposed by wonderful cobling of whatever useful basic mechanical utensils that were deffinite in production in the European past of two centuries ago.

[@jwg9338]

I originally looked into buying Galactic. It really didn't take much looking into their prospectus and quarterly reports to figure out they would likely never be profitable. That being said, I also bought into Palintar when it was above $25 a share. Closed my position not long ago when it blipped up, licked my wounds, and put in an managed index fund. Now I don't check my portfolio every day.

[@scarletsletter4466]

Put half your money into an S&P index ETF like SPY & the other half in the Nasdaq 100 index (trades as QQQ) every time it drops, or just invest in it quarterly. It’s the top 100 companies in the tech-heavy nasdaq & has pretty much outperformed everything else for my entire lifetime. Tech isn’t going anywhere. If you’re young, consider changing this allocation from 50/50 to like 25/75 in favor of QQQ

[@prakhargupta2081]

I am afraid people like him will give bad reputation to indian origin people us and tech

[@ericbauer3412]

Found out early he was getting huge equity positions to pump these early on.... knew he was a scammer then.

[@bubblybull2463]

The question is why the SEC allowing SPACs to even exist ?!

[@peterbarrett5496]

He said sell around new years, plain and simple, he was right. But his flippant attitude around Solana dumping and laughing rubbed me the wrong way once it was revealed that it probably only pumped because Sam using customer funds to pump it up

[@notsofriendly2643]

I mean for years it was clear that he was not who was he was said about. Don’t understand why people don’t see it in the first place.

[@BricksSmith]

If you wanna be successful, you must take responsibility for your emotions, not place the blame on others. In addition to make you feel more guilty about your faults, pointing the finger at others will only serve to increase your sense of personal accountability. There's always a risk in every investment, yet people still invest and succeed. You must look outward if you wanna be successful in life.

[@clintonjake8025]

Mrs Amanda The Bitcoin Trader is legit and her method works like magic I keep on earning every week with her new strategy

[@LucBlanc]

Wow I'm iust shock someone mentioned expert Mrs Amanda thought I'm the only one trading with her

[@ErolDevkek]

She's really amazing with her skills...she changed my 0.5btc to 2.1btc

[@ErolDevkek]

She helped me recover what I lost trying to trade my self.

[@selenapearl2187]

I think I'm blessed because if not I wouldn't have met someone who is as spectacular as expert Mrs Amanda, I think she is the best broker I ever seen.

[@on1ecollective]

I'm not backing Chamath but it is the investor's responsibility to research and have an investment plan. You could take most of the stocks back in 2020 - 2021 and look at their prices now. it's all down by a significant amount. If he didn't unload his shares at the stop but start selling them when the market is turning then you can't really call it "pump and dump". I think to title this "biggest SCAM" is a bit overkill but I get it. People nowadays need "click bait"

[@on1ecollective]

This just feels like a bunch of people who don't have any investment experience, lose money, and need a scapegoat. Why would you put your life savings into any of it?

[@jazes8423]

I lost half of my gains because of the SPAC bubble but I never blamed Chamath. All information like the balance sheets, revenue projections, profitability and such regarding those SPAC deals were made public. The market also had extremely rich valuations that time so I do not feel sorry for those who bought in and lost money just because this guy told them to buy.

[@enriquecabrera2137]

With those stats he would give better tips by NOT doing his due diligence 😂😂😂

[@alis4381]

I was a huge fan of Chamath because we had very similar paths in life: immigrant family, moved to Canada, worked hard, moved up in life. But then this happened. Very unfortunate.

[@themusic6808]

Never trust somebody who only talks about or sells a company based on potential investor returns or quickly “10xing” your initial investment…especially if they have a financial interest or stake in it. The overwhelming majority of start ups and small cap companies eventually either underperform forever, fizzle out and go bankrupt or years later if they show profitability they’ll get acquired by a much larger company that’s a competitor. Your chances of getting in on the IPO of a company like Microsoft, Apple or Amazon is much, much slimmer than you think and there’s a whole lot of gambling and luck involved.

[@adam872]

Yep, always be suspicious of someone talking their own book.

[@axx27]

Scamath Pumpndumpitiya started his career at some indian call center as an irs agent John White

[@lunchbox6576]

Pump and dump is so profitable if you have no conscious.

[@brubakertx]

I'm currently been in India the last three months...i never seen soooooo many scammers in my life. I lived in a few different Asian countries the last 14 years and haved traveled in dozens of countries! India is in it's league of its own for scamming people. It's all of this region. When I was in Nepal a few months ago, it was pretty bad. One of the biggest youtubers channels just does videos about how to spot scammers.

[@sh0ndy]

Uhm, i dunno what happened but here it goes again: I said that his twitter account is full of bots replying, have you seen it? They just repeat the same comments over and over again. For example, one of his last tweets saying he has 500k subscribers they keep repeating this line "Congrats. No shortcuts, just consistent effort. The common sense usually neglected." is said like 20 times. This guy is paying for engagement bots hahahah

[@thethinkingcap8296]

That's how investment works. Elon musk gets the billionaires to buy Tesla so that they pump in money whenever Tesla needs it

[@RedDragonX32]

Well small companies aka (most spacs) suffer the most when rates are high and go up the most when it's not. Thats why it blew up in 2021. And crashing now when rates are so high.

[@John-ww2fv]

It’s always good to have a financial plan. I work with a licensed planner and fixed-income strategist in LA that helps me sort out these plans of investments

[@ThomasColt]

My portfolio is made up of dividend etf’s, dividend stocks, growth stocks, it allows a bit more freedom in specific areas with help of an advisor CHRIS RYAN STEWART who I’ve been in touch with over the years before buying any stocks and it’s been working perfectly for me.

[@GibsonJames-gr3on]

For long-term investing, one of the key strategies is to get a professional to diversify your portfolio. This means spreading your investments across different asset classes, such as stocks, bonds, and real estate, to reduce risk. It's also important to consider your time horizon and investment horizon. The longer you have to invest, the more you can potentially take advantage of compounding returns.

[@JasonAmir-qo4uo]

I’m so glad I didn’t really make any big mistakes when I started my investment journey last year. So far I’ve just been sticking small amounts of money into companies I’m sure will continue to exist for the next five years and if the stocks do well, I hold on. If not, I reinvest the bad ones into the good ones so I can get higher gains. I gained about $9.5k from putting in $4k into NVIDIA earlier this year so that was pretty nice.

[@SeanJohns-ze8ie]

I am a dividend investor for the most part but I have bought Tesla stock a couple of times. However I have bought Tesla stock again and will hold for the long haul this time.

[@georgeearling905]

Great info, how can I get someone like that?…. I’m bombarded with the “don’t sit on it during the inflation, I wanted to jump in 8/22 and did nothing so far this year I think I need to get my feet wet

[@AEVMU]

He has literally gone on national TV talking up a stock WHILE selling it. Only months later was it revealed he was selling at that time. This was years ago. The guy is a literal fraudster.

[@rw7717]

They all do that. It’s the same with people telling you to sell everything while they short the stock.

[@fishheadbreakroom]

I love watching videos of how to spot people being deceptive. Looking to the side, up, repeating things. heh Chamath fits the bill at 18:18 perfectly.

[@grimx5772]

You forgot about the spac called proterra that went bankrupt. All pumped by chamath

[@RockawayBeachNY]

Yeah, he is a pump and dumper, BUT SOFI is actually a great LONG-term company he took public with continued growth and opportunity. It was overvalued at the IPO and for a bit. Its a very good long-term hold and currently fairly valued at the moment.

[@DatBoiLui]

The SoFi app has improved a lot too. I love that 4.60% interest that they are paying on their savings account

[@nickgrace5363]

SOFI is a SPAC. Visa and JPM will eat SOFI

[@tangtang.y4030]

this one will be forgot by all those angry investors.

[@tangtang.y4030]

open door

[@alr9967]

Clover

[@wilfredteo2899]

But the investors bought in based on speculation as well. SPAC is high risk like any vehicle. Same can be said with AARK? Its not a scam if it's going up? Investors forgot they signed on the dot and bought the shares willingly.

[@RBG9000]

The sheer brazen-ness of scamming on syndicated television leads me to believe these scams are far too common and not punished.

[@princediop8190]

On the contrary, it’s rewarded quite handsomely.

[@Av-fn5wx]

Well thats the modern day capitalism of United States. You make money by any which way possible. No accountability or ethics or a reasoning.

[@WhatWillYouFind]

American economies have been destroyed beyond sanity since before the Reagan Era, everything you see today that defies logic is because of the Southern Strategy and the outcomes of deregulation. It is a spinning door where only the wealthiest survive making it out to the other side.

[@florenbaron7111]

Capitalism is not the problem. Greed is the problem. No matter which economic system, greed persists. Whether the government controls are wealth/communism or the people control weath, greed is there. We need proper regulations, punishments, and accountability. But many of those who should be holding people accountable are also crooks.

[@7overland514]

He wasn’t alone! The entire cast of All-in is SUS AF! Calacanis, Sacks, and Friedberg!

[@TundeEszlari]

You are a very good KZbinr.

[@Richard-y5u]

I’m amazed he hasn’t been locked up tbh….these spacs no better than FTX scam.

[@tellder1]

Let me, a constant All In Podcast watcher tell this Chamath's quote: "All I care is to maximize the profits to LP's" . LP stands for Limited Partner. He cares only about wealthy investors, aka his buddies in Silicon Valley, not retail and deffinetly not the company he's taking public. He also said that he sells the stock immediately after the company goes public. In first milisecond it's public. He wants out of public market immediately, take the profits and do it all over again. All In Pod is a great place to see how Silicon Valley billionaires think and act. Or at least used to be, until they started talking about politics and nothing else...

[@pinhound5643]

Important video that every all-on podcast listener needs to watch! Scamath Palihapitiya is maybe the biggest con artists of our generation.

[@ctrl-shift-run8681]

Are there any SPACs that are in the green? I can only think of PLTR at the moment.

[@RyNiuu]

Exactly. They put machine in place while the whole market was entering the first stage of recession. Chamath was saying that if every successful investor he looked up to was pulling out the money from the market, then he would do the same. So he did. But literally, none of those "scamath uncover stories" won't tell you that part. Know when to pull out. Chamath literally said to do so in November of 2021. The conclusion is always the same. Do your own due diligence, don't listen to tv talking heads, and don't blame external factors on your lack of success.

[@LindaMiller-ts3os]

*_Engaging in an individual market option is a fair but its performance level can’t generate high dividends. Diversification is the secret to optimal performance, that’s why I have my interest set on options based on projected growth and performance.*

[@LindaMiller-ts3os]

When it comes to finance growth, it’s wrong to engage in a single option. I suggest diversifying into various options with high performance coupled with the experience and aid of a finance Pro will generate bigger dividends and balance volatility.

[@LindaMiller-ts3os]

”Do not lay your eggs in one basket.” I engage on various options (real estate, real assets, index/mutual funds, ETFs, annuities, lDOs and many others) with the aid of my finance pro, and so far have acquired so much (amount is confidentiaI)

[@LindaMiller-ts3os]

sear ch the full name below, if you care

[@LindaMiller-ts3os]

*IsabeIIe ChIoe Scott*

[@Hannahmason-bo8uh]

i’m amazed by this, it has rekindled the fire to my goal.

[@watersport86]

And CNBC has him on all...the...time.

[@enricopilotto6070]

Great video! Thank you!

[@kynchan3332]

Most Sri Lankans are honest. Processing and selling tea and food (eg coconuts) is hard work. As soon as other things are sold honesty gets thrown out of the window. If Chamath stayed in Sri Lanka he'd be selling s**t, telling people it is gold and scamming the hard working tea processors and food sellers, all without harvesting a single coconut.

[@yamitf77]

yep, happened to me with Clover.

[@howardhill3395]

Chamath makes the "wolf of Wall Street" seem like a lamb. Maybe the retail investor would be better off shorting what Chamath recommends to buy, certainly as soon as Chamath sells his shares, if that's public knowledge. SEC needs to investigate these spac pump & dumps, & put him in jail. it's fraud plain & simple, amounting to $billions.

[@Twigglesnix]

great job. Thoughtful video. thank you.

[@foreverskeptical1]

wow thank u for bringing this to light

[@martinsevera7276]

"In the era of late stage capitalism, bordering on techno feudalism, scamming is the only way to make real money." Chamath Palahapipitapitatabia

[@WQ94]

😂😂😂

[@realvipul]

he really said that ? or you joking?

[@ChandanMishra-ql1bi]

Racist

[@millenialmusings8451]

@@ChandanMishra-ql1bi chamath bhadwa hai

[@hemantkarasala5767]

@@ChandanMishra-ql1bi its a scammer rich guy, lets excuse this. Not like Indians can pronounce this surname either tbf haha

[@AlphaCentauri24]

Time to regulate SPACS.