Short Selling Disasters!

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Patrick Boyle

Patrick Boyle

Күн бұрын

Пікірлер: 666
@PBoyle
@PBoyle 2 жыл бұрын
Subscribe to The Daily Upside! (Free Business & Finance Newsletter) bit.ly/3lwt7LT
@Ppp.9826
@Ppp.9826 2 жыл бұрын
I had a Quick Big short squeeze with Porche luv, it was accelerating . It was a Internet Kindness moment. Kiss. Sometimes you say things that dum you down .Your advertisements have already been in my mind sweets. You under estimate.
@andreaturno4904
@andreaturno4904 2 жыл бұрын
Patrick are you the founder of the news letter??
@kalatitati8795
@kalatitati8795 2 жыл бұрын
If the newsletter is free why I need a code?
@kalatitati8795
@kalatitati8795 2 жыл бұрын
I am surprised, Micheal burry isn't in the list🧐🤔
@4GlockWarlock
@4GlockWarlock 2 жыл бұрын
Awesome video!
@MisterRedBird
@MisterRedBird 2 жыл бұрын
An important note, $5 million in Vanderbilt's time is about $167 million dollars in today's money
@elizabethsohler6516
@elizabethsohler6516 Жыл бұрын
Thanks for the education.
@westvirginiaglutenfreepepp7006
@westvirginiaglutenfreepepp7006 2 жыл бұрын
"Diversified basket of frauds" what a line. Brilliant.
@miguelangelodr
@miguelangelodr 2 жыл бұрын
Everyday I think this man is a genius looking at us with candide eyes. Kkkk
@tonyvu2011
@tonyvu2011 2 жыл бұрын
You still need good risk management with frauds lol
@nunyabusiness863
@nunyabusiness863 2 жыл бұрын
Still funny!
@johnaashmore
@johnaashmore 2 жыл бұрын
@@tonyvu2011 🤣
@AlmofidBdarija
@AlmofidBdarija 2 жыл бұрын
Hands down the best and most underrated financial channel on youtube. No fluff no bullshit no hype . Common sense and facts.
@chriswaters3442
@chriswaters3442 2 жыл бұрын
And undying love for Tesla and Saint Elon.
@ecognitio9605
@ecognitio9605 2 жыл бұрын
Nah not even top 10.
@clarkecorvo2692
@clarkecorvo2692 2 жыл бұрын
@@ecognitio9605 disagreed.
@brodyalden
@brodyalden 2 жыл бұрын
Bunch of Boyle bear, Muskpuppies in the subcomments.
@StormyDog
@StormyDog 2 жыл бұрын
@@brodyalden Patrick's fine. He's interesting and a very smart man. Inability to understand what's coming in the future isn't a crime. Apple, Microsoft, Google and Amazon were all laughed at. Tesla will eventually be larger than any of them. Musk has an eye for areas primed for disruption and he's tireless. PayPal, SpaceX and Tesla are examples of what's to come. Tesla isn't a car company. It's a high tech company with the best engineering talent in the world that happens to make electric cars, but is aiming to disrupt the energy industry and many others. It's a bit like watching Apple when Steve Jobs was in control, but on steroids. Even beyond that, why do so many people like Tesla and Musk? It's because they're changing the world for the better and that inspires the people who can understand it. They want to be a part of that positive change.
@stacystec
@stacystec 2 жыл бұрын
Vanderbilt’s no-mercy approach warms the heart. And it sounds like those officials deserved every bit of it.
@beertrader9385
@beertrader9385 2 жыл бұрын
Such a Chad move
@WarpedBlinds
@WarpedBlinds 2 жыл бұрын
Reminds me of retail vs the hedgefunds with these meme stock squeezes
@hvymtal8566
@hvymtal8566 2 жыл бұрын
Especially considering it was mass transit in a majority-minority part of the city. In the 1860s. The balls on that man
@NoName-ql1wk
@NoName-ql1wk 2 жыл бұрын
Agreed.
@thefinalkayakboss
@thefinalkayakboss 2 жыл бұрын
"So you have chosen financial ruin"
@usakira428
@usakira428 2 жыл бұрын
The only reason I bought AMC at 3ish dollars last year was because I heard The Matrix was coming out in 2021 and I knew I had to watch it on the big screen. That's was my fundamentals lol
@rafaelcarmo5562
@rafaelcarmo5562 2 жыл бұрын
Cheaper than the ticket :D
@samsonsoturian6013
@samsonsoturian6013 2 жыл бұрын
Did you sell?
@usakira428
@usakira428 2 жыл бұрын
@@samsonsoturian6013 yea because I bought options
@babblingidiot7903
@babblingidiot7903 2 жыл бұрын
Horrible fundamentals and technicals. Just horrible. But I approve. Do I know you from reddit wsb?
@lukemckee9772
@lukemckee9772 2 жыл бұрын
Invest in what you know, great work
@danielschein6845
@danielschein6845 2 жыл бұрын
"It turns out Shrekelli managed a diversified basket of fraud."😂😂😂🤣🤣🤣
@wl4dymir
@wl4dymir 2 жыл бұрын
Such a great line 😅
@thunderb00m
@thunderb00m 2 жыл бұрын
The dead pan delivery is just **chefs kiss**
@mb-3faze
@mb-3faze 2 жыл бұрын
Nothing was more pleasing as when that man was put behind bars.
@corail53
@corail53 2 жыл бұрын
@@mb-3faze Why? He was actually trying to bring prices of drugs down. The real criminals are big pharma who keep raising prices every year and ensuring that their customers remain in debt and stuck with those drugs.
@mb-3faze
@mb-3faze 2 жыл бұрын
@@corail53 Straight quote from wikipedia "In September 2015, Shkreli was widely criticized when Turing obtained the manufacturing license for the antiparasitic drug Daraprim and raised its price by a factor of 56 (from US$13.50 to $750 per pill)." Agree that big pharma are also a bunch of criminals. What we need are people in government who actually care about US citizens - the trouble is that anyone like that is called a socialist and Americans are irrationally allergic to policies that actually help make their lives better.
@antonomaseapophasis5142
@antonomaseapophasis5142 2 жыл бұрын
12:54 “They were even bigger than Tesla.” A deadpan, factual observation. Loaded with implication.
@fartsunltd6981
@fartsunltd6981 2 жыл бұрын
TSLA dominates the new car market and is the most American car you can buy. Plus they own a lot of patents that are about to prove to be invaluable to battery tech. Elon is the single founder of the eco revolution. While others talked he decided to do. A true American hero who is just starting to tap into his potential. TSLA is not going anywhere but up even though the government is actively fighting their greatness because the current admistration hates the USA and our products. They won't be here on the next election cycle although they may be able to successfully bankrupt the country in the next year.
@totaleXess
@totaleXess 2 жыл бұрын
Hilarious!
@DenzelLN936
@DenzelLN936 2 жыл бұрын
@@fartsunltd6981 calm down lad
@gallonramekin
@gallonramekin 2 жыл бұрын
Lol awesome comment and delivery!
@innocentiuslacrim2290
@innocentiuslacrim2290 2 жыл бұрын
@@fartsunltd6981 "True American hero". "Citizenships: South Africa (1971-present) Canada (1971-present) United States (2002-present)" Anyhow, that (though funny) is irrelevant. There are plenty of car companies in the world and there will not be a single dominant one as people's tastes and financial situations differ.
@eyeofchorus6313
@eyeofchorus6313 Жыл бұрын
In the old days, a short squeeze was a manipulation where a bunch of insiders(typically) would hold their long positions in margin accounts while bad news was released, then they would all move their shares to non-margin accounts triggering a mass of margin calls to cover all winthin a 3 day period which would send the stock into the stratosphere into which they would sell.
@acarrillo8277
@acarrillo8277 2 жыл бұрын
12:12 the fact that that is a VW bug with a body kit to make it look like a porche makes this so great.
@Rikimkigsck
@Rikimkigsck 2 жыл бұрын
It's a losers game. When you look at statistics majority of short sellers lose money. You don't short a stock because you think it's overvalued. It can be even more overvalued and stay there for years until fundamentals catch
@gagnepaingilly
@gagnepaingilly 4 ай бұрын
Shorted a percentage of my T$LA holdings, but I'm retaining a portion for the long term. Tesla's growth potential remains robust. I'm considering diversifying my 250K portfolio, but I'm uncertain about managing risks in my next move.
@sommersalt88
@sommersalt88 4 ай бұрын
Everyone needs a Margin of Safety in their portfolios and just remember, It's time in the market versus timing the market.
@84gaynor
@84gaynor 4 ай бұрын
I agree, having the right plan is priceless. My portfolio is well-suited for any market and recently doubled since early last year. My CFP and I are aiming for a seven-figure goal, which might take another year to achieve.
@blaquopaque
@blaquopaque 4 ай бұрын
@84gaynor I've been considering getting one, but haven't been proactive about it. Can you recommend yours? I could really use some assistance.
@84gaynor
@84gaynor 4 ай бұрын
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Jennifer Leigh Hickman” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
@blaquopaque
@blaquopaque 4 ай бұрын
Thanks a lot for this. I just checked her out now and I sent her an email. I hope she gets back to me soon.
@MrHamsto24
@MrHamsto24 2 жыл бұрын
That Vanderbilt move had me cracking up. It's like I heard him saying, *sigh* "play stupid games, win stupid prizes." On a similar note related to successful timing, Michael Burry knew the exact entry to his short position once the alphabet mortgages were a thing. "pay option negatively-amortizing adjustable-rate no-pickles sauce-on-the-side mortgage"
@timisaac8121
@timisaac8121 Жыл бұрын
Patrick- Thank you for your video presentation. It is like a college education in 22 minutes. I can't even explain "short selling" to my close friends- yet here you are detailing squeezes of worldwide historical interest!! TY
@4elementstudios
@4elementstudios 2 жыл бұрын
I watch this episode just to hear you say piggly wiggly repeatedly It makes my day when I am down.
@PBoyle
@PBoyle 2 жыл бұрын
Thanks to our growing list of Patreon Sponsors and Channel Members for supporting the channel. www.patreon.com/PatrickBoyleOnFinance : Marc De Mesel, Annie Chen, Nate Stapleton,Timothy Baird, WIlam, Robertas, Hernan Merino, Random Encounter, Nieuwsbrief Ikwil, Bee Positive Consulting, hyunjung Kim, John Cadena, Ian Tracey, Callum McLean, Oscar, Simon Pena, Ed, Pavle Obradovic, Erik Van Ekelenburg, David O'Connor, Zak Patterson, Pjotr Bekkering, Alex, Robert W Proudfoot, pooh shmoo, Robert Muller, Andre Michel, Ivan Iliev, Gopaljee Atulya, Milan Tomic, Mark Hooker, Artem Vasenin, P H, Sebastian, Michal Lacko, Peter Bočan, Michael Pierce, V Jordan, Gil, HalfwitHam, Mark Brophy, Patrick T, David Urdenata, Juan Valdez, Bruce Roberts, Chad Norman, Bruce Roberts, Shamikh Rana, Friday Guy, Marc De Mesel, Augusto Ramos, Soy Boomer Doomer, Bob Slartabartfast, Robert Feiler, Camil Dbouk, Erik Montesinos, Matthew Loos, Az Indragiri, Aman Bali, Lautaro Parada, Pratap, Deborah Joseph, Robin Sung, Kurt Johnston, Dominik Auerbach, Gurmeet Kaushal, John Hall, Dara Mo, Josef Goergen, Wilbert Cheng, Daniel Talero, Cogitecture, Jaroslav Tupý, Trevor Lucey JB Weld, Alex, Sunny, Carlos Figuera, Peter Pomelov, Null065, Rick Thor, MeBerzerk, Henry Nguyen, Sola F, The Collier, Carlos Mejia, J Wadia, Bitcoin OG, easy boekhouding, Albert, Eugene Jung, Oisin Quinn, Daniel Cervini, Jonathon Yong, Iris Ji, Emil Nicolaie Perhinschi, Charles, Gerard Scott Eli Auto, Excks, Michael Li, Par Hedman, Praveen Mishra, Gerard Scott, joel köykkä, Areeb Ahmed, Luis Torres, Smith Vilcapoma, David Wang, Yazan Qaraqish, Rodolfo Cornetti, Daniel Winroth, johnny, Nick Jerrat, Chris Houston, Alastair Currie, Robert Griffin, Andrei, zizi Golo, Fab Vida, Constantin Petrenco, pawel irisik, NotAScam, James Halliday, 22 Dust, Carsten Baukrowitz, Heinrich, Arron T, Ben Brown, Brian Dennis, Stephen Mortimer (to The Moon), Ryan B. Hicks, B S, Liam, Logan Vrankovic, William Heaton, Paul McCourt, Daniel, Aaryan Koura, mikhail tyurin, Steven, Christopher Boersma, Dave Cooke, Ulf Lundblad, Dorothy Watson, Greg Blake, Simon Bone, Livermores Quant, The Collier Report, Scott Gardner, The Man Koala, Brian McCullough, Daniel S. Smith, Finance Student, Milton Danielsson, Tan Jin Da, Julie, Mohammad Rehman, James Wallace, Daniel Poellmann, Edosa Odigie, Dixon Yuen, joey smit, Josh Ge, Marek Novák, Charles Oosthuizen, Stamatis Drepaniotis Michael Smith, Etienne Cordonnier, Ahmed Hamadto, Chris Davey, Mike Farmwald, Kevin Davis, Michael A. Mayo, Lachezar Georgiev, Kamet Batra, Bradley Johnson, Sagar Gudi, Michael Chessar, Kate ATL, Tong Cheung, Lady Dje, James Barnes, Chris Hall, Kurt Johnston, ICBM Catcher Juan Valdes, KernelSC, Josh Garcia, Linn Engström, Veltsh, Konrad P-kala, Pastacat, Adam Vorting, Matthew McQuade, Christopher Lesner, freebird, Matt L, Kenneth WedMore Lund, erfective, Jason Young, Jonathan Kopnick, Peter Hendrickson, steel, MM420, Bastien, Tom Willett, Chris Whitehead, Anil Jason, Hany Abdulsamad, JOJO, Jason Butterley, AS7, Greg Thatcher, John Simpson, Ezekiel Templin, Robert M Daily, MrLuigi1138 Grecia Bate, Leszek Frankowski, Nam Nguyen, fang, Goutham, Priam Pillai, Karim THIBAULT, C, David R. Ingemi, Robert Wave, Dmitri Alexeev, Aaron Rose, Ethan Hernandez, Brett Turley, Claude Chevroulet, Adrian, Stephan Marosvary, Yigit Yargili Louis Julien, Jan Lukas Kiermeyer, Gearoid O Connor, Chuck Muchmore, Fredrick Saupe, Subliminal Transformation, Jason Horton, Alex McMahon, Adi, Ben, Kurt Mueller, Joaquin Madruga, Janusz Wieczorek, Federico Viscomi, DPhillips, S.Alw, Corgi, Mahdi, Burgerinn, Quinn Cone, Sam Doyle, QiKaiQian Asa Trimnell, Stephen, Joshua Rosenthal, Timotej Zat’ko, Frank Yashar, Michael Smith, Betterlife, Emilian Marius Tudor, Julian Aßmann, Cormac, Max Kaye, Ian Shearer, Nathan, Theodosius the Elder, Michael Kopřiva, Tinni, Goran Milivojevic and Yoshinao Kumagai
@bunk1860
@bunk1860 2 жыл бұрын
Get home from work, make a cup of coffee, prop my feet up on the desk, and Patrick has a new video out. Life is good.
@sisyphusvasilias3943
@sisyphusvasilias3943 2 жыл бұрын
I click for the FIN content. I stay for Patrick's Comedy easter eggs. "Even bigger than Tesla" (in ref to the biggest Auto stock bubble in history) lol.
@Squig96
@Squig96 2 жыл бұрын
Its sad it has to be stated that VW was "even bigger" then Tesla. They still have 10 times higher sale volume then tiny Tesla
@emilebichelberger7590
@emilebichelberger7590 2 жыл бұрын
Sales volume and profit doesn’t mean anything in the 2020s
@corail53
@corail53 2 жыл бұрын
Yet Tesla's valuation is more than all the major car manufacturers combined. Don't bet against a cult is right...
@Foolish188
@Foolish188 2 жыл бұрын
But Tesla is Cool, that has gotta be worth 100X Tesla's reasonable valuation. It is not like Elon Musk is selling his Tesla Stock, ooops.
@Alex-cw3rz
@Alex-cw3rz Жыл бұрын
@@Foolish188 your comment has only got better with time
@SpencerHHO
@SpencerHHO Жыл бұрын
He said bigger than.
@DMCCorp
@DMCCorp 2 жыл бұрын
Fun fact about Vanderbilt's maneuver on the Harlem is that he did it twice. Once against the city officials and the second time against the state officials who were shorting the stock. People thought his action with the city was good in punishing a corrupt city government but with the state not so much. Fear that one man had the power to punish a state the tried to wrong him was the main concern.
@lkcdarzadix6216
@lkcdarzadix6216 Жыл бұрын
GigaChad energy
@ProfAzimov
@ProfAzimov 4 ай бұрын
"Wah wah, I lost money. Wah, Wah," - State officials
@demacherius1
@demacherius1 2 жыл бұрын
What I have learned from this video is that short selling is a game with fire. I'll stay clear of that.
@darrellgorsuch5599
@darrellgorsuch5599 Жыл бұрын
game with fire for those with money to burn
@JeffBourke
@JeffBourke 2 жыл бұрын
This Vanderbilt guy is a hero!!!
@deesmith8576
@deesmith8576 2 жыл бұрын
my great great uncle was part of the vanderbilt railway he melted into the steel that was in the railroad
@ufsteropolstero6014
@ufsteropolstero6014 Жыл бұрын
yeah, any guy whose fortune relies on slave labor on railroads must be a hero to dumb people or libertarians... as if there's a distinction.
@ProfAzimov
@ProfAzimov 4 ай бұрын
You don't mess with the Commodore
@brodyalden
@brodyalden 2 жыл бұрын
Patrick, you’re the digital nation’s national treasure. I love your videos, your humor, and the content you choose to deliver. Thanks!
@Goodbictory
@Goodbictory 2 жыл бұрын
I appreciate that you don't neglect the fact that GME is still currently on-going. My main question is, during all these historical squeezes, was the buy button ever removed like it was on January for GME, which was set to PCO?
@FVCK-
@FVCK- 2 жыл бұрын
Not many retail investors were involved with all the other short squeezes. That’s why the GME and other memes came as such a surprise to the brokers and hedge funds since it was really the first of its kind.
@EFCasual
@EFCasual 2 жыл бұрын
There was political meddling in all rail stocks. There still is if rumors are to be believed.
@DellAnderson
@DellAnderson 2 жыл бұрын
The Piggly Wiggly squeeze was mildly troubling but I'm not sure why. Were the rules governing stock listing requirements clear or did the exchange just create them on the fly? It seems counterintuitive that the owner would borrow $10 million without some good financial counsel and backing for his plan, so certainly someone could have foreseen that what he was doing would trigger delisting. Or no?
@g.williams2047
@g.williams2047 Ай бұрын
Maybe they made up the rules on the fly because they saw that he controlled almost the entire company and could severely manipulate the market with how many people were roped in?
@royslapped4463
@royslapped4463 2 жыл бұрын
Piggly Wiggly short squeeze. Such a great name for a cautionary tale! Haha
@captcarlos
@captcarlos 2 жыл бұрын
Thank you Patrick. Education with humour, the best way to learn. Subs are going up and I hope you enjoy and continue.
@JavaT3700
@JavaT3700 2 жыл бұрын
I cant believe Patrick is saying the words “piggly wiggly”🤣
@cheezemonkeyeater
@cheezemonkeyeater 5 ай бұрын
"The Piggly Wiggly Short Squeeze." I have nothing to add, I just found this sentence funny.
@shiro5811
@shiro5811 2 жыл бұрын
19:35 "evil Short sellers" *inserts a pic of the actual Kenny G* lmaoooooo IYKYK ;)
@shiro5811
@shiro5811 2 жыл бұрын
Buy, hodl, DRS $GME 💎🙌🏻
@ChintanCG
@ChintanCG 2 жыл бұрын
"managed a diversified basket of frauds" .. lol cant love the humor enough
@oneone9884
@oneone9884 2 жыл бұрын
Friday so needed a shot of Patrick humor and insights.
@larrybuzbee7344
@larrybuzbee7344 2 жыл бұрын
Clearly you missed Bomb Bumbadil the British man who 'accidentally' inserted a 57mm mortar round into .... The bomb squad was called to the ER. Not kidding.
@NicholasRichardson
@NicholasRichardson 2 жыл бұрын
Same
@ChristophLeitl
@ChristophLeitl 2 жыл бұрын
You should have shown the famous "I am not a cat" statement by Keith while under oath
@raymondcaylor6292
@raymondcaylor6292 Жыл бұрын
Shorting a .44 cent stock is insane. The most you can make is .44 per share and the most you can lose is.......well, UNLIMITED.
@cherubin7th
@cherubin7th 2 жыл бұрын
1:59 Politicians are not your friends for sure.
@GaryARahn
@GaryARahn 2 жыл бұрын
Always look forward to your videos
@Meowmeow.age.6
@Meowmeow.age.6 2 жыл бұрын
I prefer to buy puts leaps. Risk is defined. I know how much I can lose. I can't get squeezed. I just lose the premiums I paid. I also don't make it more than 1% of my account, because that is just dumb. If I do straight up short a stock. I have a 1% stop loss or I am DCAing with a small position. I was short TSLA DCAing up to 1400 using the double down method. Basically my plan was short 5 shares at 1k 10 shares 1100 20 shares 1200 40 shares 1300 80 shares 1400. Then when the stock dropped down I covered for a profit. I also enter puts at 1180 and got paid right away with a 10% drop. So that was nice. I was only sort 75 shares and I had puts leaps. I have 1 puts leaps on TSLA at 1150 strike left only. A 10% drop = sell for profit -but I don't want to guess the bottom so keep the free one. I plan to buy more puts leaps at 1400 if it gets there. I am not paying attention to the stock or my 1 put expiring in 2023. I did start shorting again at 1150 I covered half on the last drop. I have a small account of 7 figures so I don't want to be short more 100 shares for an extended period of time. The Tesla bears trade bad. They should have stopped out and gone long to sell higher. The way you crash a stock is go long with a heavy position. Scale out as it rips higher. Then enter short. Don't fight the trend. If greater fools keep piling in then buy to sell to them higher. Duh. I bought TSLA at 630. I sold before earnings and didn't reenter. OH WELL. I did same thing on S&P inclusion I loaded up on shares 450s and sold 600 before inclusion. OH WELL. didn't see 900 coming lol.
@YTSparty
@YTSparty Жыл бұрын
Cool stories. I participated in the short squeeze of a few stocks in the last year. Basically people on social media find a stock that's over-shorted with the right amount of available shares to cause the price to skyrocket. So it's a bit of a conspiracy by a large group of disassociated people, versus a hedgie, to corner the market of the stock. Even if the company is total dog poop. I made $1000 in a single day on one trade as the stock skyrocketed. With social media, you no longer need a big money manager to do a short squeeze. Shorts are a very dangerous thing to mess with.
@johnbailey3351
@johnbailey3351 2 жыл бұрын
""Many retail short sellers were wiped out by the short squeeze. While their assessment of the fundamentals had been entirely correct, " That is the primary reason that I do not short. Got to keep those first dollars I from my first job at Piggly Wiggly working! Haven't seen a Piggly Wiggly in a couple of decades though.
@JayRappa
@JayRappa 2 жыл бұрын
very interesting especially with Vanderbuilt
@josedubois2295
@josedubois2295 2 жыл бұрын
Even bigger than tesla, you have a good sense of humor.
@Oneofakind123
@Oneofakind123 2 жыл бұрын
He said Piggly wiggly... 🤪
@FVCK-
@FVCK- 2 жыл бұрын
There’s good reason and history behind the old saying “we just got railroaded” lol 😂
@kylebowles9820
@kylebowles9820 3 ай бұрын
Lol omg there was a robinhood ad that interrupted at the worst possible time for them .... --I mean, no Patrick's channel is the best place for all companies to advertise 🧐
@Erik-ko6lh
@Erik-ko6lh 2 жыл бұрын
You can't fight city hall. Vanderbilt: Hold my vodka martini.
@steveo20007
@steveo20007 2 жыл бұрын
The editing is subtle, professional, but somehow really funny sometimes. If you have an editor they’re amazing
@Fj8282haha
@Fj8282haha 10 ай бұрын
Gold episode to remind shorting ain’t homemade stunts
@leandrosilva6414
@leandrosilva6414 Жыл бұрын
This has became my favorite Finance YT channel! Amazing content!
@misstinytrader88
@misstinytrader88 2 жыл бұрын
As a short biased trader, I only take very small positions and manage them very closely. I've been stopped out or bailed only to see it go my way, but glad, because before it went my way, it went way of my way. Thank you for the video, it was very informative!
@carelpapenfus
@carelpapenfus 2 жыл бұрын
Best video so far 👌🏻 thank you
@polyannamoonbeam
@polyannamoonbeam 2 жыл бұрын
City councils.... scoundrels all . Great example. Vanderbilt was visionary .
@HansLasser
@HansLasser 2 жыл бұрын
Vanderbilt delivered a true burn! What a guy!
@torernning8652
@torernning8652 2 жыл бұрын
Just started watching now. If AMC and/or GME is not on this list I will build a snowman, and then drive over it.
@surturz
@surturz 8 ай бұрын
“Diversified basket of frauds” 😂😂😂
@danielschein6845
@danielschein6845 2 жыл бұрын
The sad part here is the number of short sellers who were absolutely right about the company being a dog but still losing their shirts anyway. Less risky to find winners than losers.
@Interrobang212
@Interrobang212 2 жыл бұрын
Eh I got no sympathy for short sellers. The excuse of price discovery is weak.
@niveaulimbo6101
@niveaulimbo6101 2 жыл бұрын
@@Interrobang212 why? Do you have any evidence for that? Because there is a lot of evidence otherwise. Also fraud is a crime and uncovering it should be rewarded.
@Aaronlcyrus
@Aaronlcyrus 2 жыл бұрын
@@niveaulimbo6101 Well brokerages breaking their own rules and saving short sellers is also unethical.
@veeeevo
@veeeevo 2 жыл бұрын
@@Interrobang212 Short sellers help immensely with market efficiency. Do you not understand this?
@Heliosvector
@Heliosvector 2 жыл бұрын
@@veeeevo can you indicate the efficiency? Because when you say efficiency, I just hear convenience, and manipulation. Especially when it comes to hedge funds trying to cell check stocks so they don’t have to pay any tax on gains.
@DustinRodriguez1_0
@DustinRodriguez1_0 Жыл бұрын
These historical type videos are cool, to see how the market used to work. Things could get pretty dicey before the DTCC introduced the ability for hedge funds to just fail to deliver tens or hundreds of millions of shares and then just 'warehouse' the shorts, that way they never have to lose any money and, more importantly, retail investors don't get to make any at the funds expense. And with the shift of almost all trading into dark pools and market makers selling far more shares than exist in order to prevent price movement that would go against their sibling hedge fund trades, its much easier for them to smooth things out and ensure that it's only the hedge funds that can make any substantial profits. The GameStop and AMC short squeezes will never squeeze, because of that ability to sell shares that do not exist, sell short without locating a share to borrow, fail to deliver and then simply get the short deleted by the DTCC.
@samsonsoturian6013
@samsonsoturian6013 2 жыл бұрын
That first example is a clear conflict of interest and illegal in modern times, but was it illegal back then?
@MrBloonbloon
@MrBloonbloon 2 жыл бұрын
I mean doesnt pelosi trade a shitton off stocks to this day?
@alldamnnamesaretaken
@alldamnnamesaretaken 2 жыл бұрын
@@MrBloonbloon Tiktokkers are showing their investment strategy of do what Pelosi does, and they are almost guaranteed to turn a profit. I think she's the numbre 1 politician making money on stocks
@samsonsoturian6013
@samsonsoturian6013 2 жыл бұрын
@@MrBloonbloon no. he doesn't
@silverhawk923
@silverhawk923 2 жыл бұрын
The SEC said game stop is a idiosyncratic risk. Why does buying and holding a stock cause such a risk to the system. The system is not fit for purpose and needs to go
@dr.magneto5341
@dr.magneto5341 2 жыл бұрын
a risk to systemic corrupt naked shorting scheme that they want to keep going. SEC is complicit
@MAtogable
@MAtogable 2 жыл бұрын
You missed the Hunt Brothers
@MattCurrieImprov
@MattCurrieImprov 2 жыл бұрын
He said it, the squeezes are still ongoing.
@cameronvincent
@cameronvincent 2 жыл бұрын
Amc
@ionkayak1948
@ionkayak1948 2 жыл бұрын
In the story about herbalife are the faces of bezos with hair and jack fresco shown?
@chilevalentina27
@chilevalentina27 2 жыл бұрын
That porsche picture got me lol genius move using a vw bug/ 911 combo while talking about porsche and vw 😂🥰
@david_junior
@david_junior 2 жыл бұрын
Damn Mr. Vanderbilt was a savage, 258? 😂😂
@cartershanklin
@cartershanklin 2 жыл бұрын
More laughs in this video than the last 10 years of SNL
@chuckschillingvideos
@chuckschillingvideos Жыл бұрын
12:07 That is one AWESOME VW 959!!!!
@Kanner111
@Kanner111 5 ай бұрын
Vanderbilt was incredible. Dude making railroads that actually go somewhere, and just crushes the corrupt politicians trying to screw him. Heart warming! =)
@poisonPpaully
@poisonPpaully 2 жыл бұрын
You and Tom Nash are my go to channels for financial information and news
@olvinfuentes7514
@olvinfuentes7514 2 жыл бұрын
100 dollars a share back in the 1900's??? I thought people got paid a nickle an hour or sum like that lmao
@5anjuro
@5anjuro 2 жыл бұрын
"They were even bigger than Tesla". But... That's bigger than the Known Universe 😳
@Corndadthepop
@Corndadthepop Жыл бұрын
The reason I've heard most consistently for people who were buying gamestop shares was either they were stickin it to the man or they were defending gamestop from the man because they love going to gamestop and don't want it to fail or be changed in ways they'll hate. They'll buy a share at 350 because they feel like they're helping prop up a place that they might spend a grand at this year and they want it to still be fun when they do it. It's almost like buying war bonds. The economics of it doesn't always come into play when the decision is made.
@bbnn5621
@bbnn5621 Жыл бұрын
And those people are called suckers.
@gilbydog7350
@gilbydog7350 2 жыл бұрын
Excellent content and critical analysis.
@BarredTrader
@BarredTrader 2 жыл бұрын
SEC report said that Gamestop spike in january was purely retail buying and that shorts didnt closed their positions, look it up
@drosophilamelanogaster3957
@drosophilamelanogaster3957 5 ай бұрын
The Tesla chapter in this video was a hard pill to swallow for Pat. He even blinked couple of times.
@maximilianwilliams-forbes9857
@maximilianwilliams-forbes9857 2 жыл бұрын
Love the subtle burns
@chuckschillingvideos
@chuckschillingvideos Жыл бұрын
1:57 Boy, what a dangerous rogue's gallery!
@EcclesiastesLiker-py5ts
@EcclesiastesLiker-py5ts Жыл бұрын
If a city council can grant and then revoke a rail licence just to personally profit, imagine what sort of things happen today.
@CainXVII
@CainXVII Жыл бұрын
"The piggly wiggly short squeeze" XD How are you saying that with a straight face??
@CarlWithACamera
@CarlWithACamera 2 жыл бұрын
“A diversified basket of frauds.” That’s good, Jerry. GOLD!
@vicaria119
@vicaria119 Жыл бұрын
I know nothing about finance or trading, bit this guy is so entertaining i cannot stop watching
@masterofgarden3472
@masterofgarden3472 2 жыл бұрын
The only reason I bought GameStop at 75 average down to 53, my thesis was the short squeezes haven't end on the first round and that it would be a second round. I was at a lost of 15K down buying at 75 a share but kept buying with all the money I had. I was able to make 5x return, not a bad profit with 40K invested. Thank WSB, feeling sorry for the people who bought Wish and Clover. I didn't get into those 2 stock thank the Heaven.
@MrXMasterTrader
@MrXMasterTrader 2 жыл бұрын
I would say that’s luck. You will eventually be taken out if you continue to do this.
@hulubangaGutenWami
@hulubangaGutenWami 2 жыл бұрын
Hey! Martin Shkreli made it to the list! so proud 🥳🥳🥳! OMG!
@FVCK-
@FVCK- 2 жыл бұрын
Cornelius Vanderbilt’s granddaughter was Gloria Vanderbilt; a famous actress and model in the early to mid 1900’s. Her son is Anderson Cooper from CNN.
@stockswithkunle700
@stockswithkunle700 2 жыл бұрын
Good to see you tubers talking about short selling. These new retail investors need to learn that they can short sell too.
@cyberdoodle7590
@cyberdoodle7590 2 жыл бұрын
Patrick. I feel like I am back in school, Enjoy your content.
@iamBANGMARTIN
@iamBANGMARTIN 2 жыл бұрын
Bro - FANTASTIC Video! Thanks for the history lesson. I’m going to share this with my massive following!
@danielking104
@danielking104 2 жыл бұрын
shorting with malicious intent will always end badly for you.
@benjamindover4337
@benjamindover4337 2 жыл бұрын
Top shorts in history: Nathan Rothschild: hold my red shield
@jacob_90s
@jacob_90s 2 жыл бұрын
City Council: You've beaten us at our own game. Vanderbilt: Please, you were never even a player
@S3RI0USL33
@S3RI0USL33 2 жыл бұрын
DRS is the way!
@louievasquez2381
@louievasquez2381 2 жыл бұрын
Not really, GME have a bunch of DRS and still GME is getting hit hard.
@S3RI0USL33
@S3RI0USL33 2 жыл бұрын
@@louievasquez2381 Have you though why that is?
@cyruschadrezzar
@cyruschadrezzar 2 жыл бұрын
november 4th new moon shorts are working like a charm
@norrismasters2629
@norrismasters2629 Жыл бұрын
Patrick, I love your channel. Thank you!
@MsCherryKiss
@MsCherryKiss Жыл бұрын
17:26 a diversified basket of frauds.. lol :D
@thowa1
@thowa1 Жыл бұрын
"They were even bigger than Tesla"...as if that were not the way it should be 😄
@diyaasaeed7959
@diyaasaeed7959 2 жыл бұрын
Seems like shorts don’t learn and corruption in wallstreet never ends. Whoever is shorting needs to lose everything if they take that risk and no one should be able to step in and save them. If my stock goes from 100 to bankrupt no one steps in and says wow wait a minute here, here’s ur money back. Why do it for shorts
@Leonwitsel
@Leonwitsel 2 жыл бұрын
لسنوات عانيت من الديون المستحقة والفواتير والرسوم المدرسية لأولادي. كنت في مرحلة أردت الاستسلام فيها عندما صادفت موقع KZbin حول كيفية جني ومضاعفة دخلك من خلال الدخل السلبي. لحسن الحظ ، كنت قد ادخرت بعض المال وقررت البدء في استثمار (بمساعدة مستشار استثماري). أنا الآن جالس عند حوالي 1.2 مليون ر.ع. وسددت ديوني بالكامل.
@JuliusFritzz
@JuliusFritzz 2 жыл бұрын
ما نوع الاستثمارات التي قمت بها. لدي الآن مبلغ مقطوع لا أقوم به في حساب التوفير. لكن من الصعب عليّ المشاركة في السوق الآن بسبب طبيعة وظيفتي بدوام كامل. سيكون الأمر مرهقًا جدًا للجمع حتى لا أفكر في الأمر
@Leonwitsel
@Leonwitsel 2 жыл бұрын
@@JuliusFritzz أستثمر في أفضل الأسواق ولكن ليس بمفردي. أتبع إرشادات CLAIRE ANNE STEINGLASS ، ربما سمعت عنها. أستطيع أن أقول بشكل صحيح إنها جيدة جدًا كمستشار مالي لأن مهارات التنويع لديها من الدرجة الأولى. أقول لأنني أرى ذلك في نتائجها حيث تنمو محفظتي بمتوسط ​​40 إلى 70٪ على أساس شهري.
@JuliusFritzz
@JuliusFritzz 2 жыл бұрын
@@Leonwitsel أنا أقدر نصيحتك. من الصعب العثور على شخص يمكن الاعتماد عليه. عندما أرى مقدار الاستثمار الذي حققته ، يمكنني حقًا استخدام مستشارة الاستثمار الخاصة بك. ، إذا كنت لا تمانع في مشاركة معلوماتها.
@Leonwitsel
@Leonwitsel 2 жыл бұрын
@@JuliusFritzz تصفح عن أخيها .. لقد أسقطت اسمها أعلاه
@Oxaviermike
@Oxaviermike 2 жыл бұрын
لقد رأيت بعض التوصيات الجيدة حول كلير. لقد ساعدت حقًا الكثير من الأشخاص في تحقيق طفرة مالية.
@erfanv
@erfanv 10 ай бұрын
Thank you Patrick for making great videos, I came to know your channel recently and I referred your channel to my friend.
@huytruong2026
@huytruong2026 2 жыл бұрын
Similar to the Northern Railroad story, someone should teach Robinhood a lesson.
@ThePillsburyJewboy
@ThePillsburyJewboy 2 жыл бұрын
Berkshire Hathaway short squeeze here we come
@dv.17
@dv.17 2 жыл бұрын
Hello Patrick, would you make a video with your views on the current US equity market?
@erikincph
@erikincph 2 жыл бұрын
Just brilliant!
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