TikTok Is Being Banned, Here’s What Happens Next

[@JosephCarlsonShow]

Join the Patreon here: www.patreon.com/josephcarlson Free Investing Philosophy Presentation: www.dropbox.com/scl/fi/vrtexx5dnv06npg1oatrn/Joseph-Carlson-Investment-Philosophy.pdf?rlkey=hsyb4c3ttf6nuvo3gknteyav9&dl=0 Patreon includes: 🎥 Over 100 exclusive videos, and new ones every week. 🚀 Full access to Qualtrim.com, the stock analysis website I built from the ground up 📚 Transparent portfolio updates, with every buy and sell I do, as well as monthly one-pager updates. 💬 Access to the Joseph Carlson Show private discord community, with 4,500 members The patreon comes with a free trial. You take no risk by signing up.

[@KenjiEspresso]

Buy PLTR.

[@kevinbatz9048]

Hey Joseph, not sure if I’m hearing you correctly but the Boeing controversy over the past 5 years has been about the Boeing 737 MAX. There is no such thing as a Boeing 747 MAX. For visuals, the B-747 is a wide-body passenger airline but also the base model aircraft which Air Force One, the president’s airplane, is designed off of. It has 4 under-wing mounted engines and the famous “hump” on the front. The B-737 is a narrow body passenger airliner that looks like a tube with 2 under-wing mounted engines. The 747 and non-MAX 737s generally had less problems than the newer 737-MAX variants. Thanks!

[@JPSenpai]

What he said may have been incorrect, but Alex Karp calling short sellers coke heads is still funny.

[@kylen6430]

If Karp and a short seller are in a room, my money is on Karp being the user

[@master8127]

I love how the whole discussion is just about "chinese spies" and not about the negative effects such platforms have on children.....

[@shadowninja6689]

TikTok is hardly the only social media network that has negative effects on people (not just kids). There's plenty of studies on how Facebook and Instagram are harmful to people's mental health. And Facebook is literally blamed by both political parties for costing their side one of the last 2 Presidential elections for how they dealt with all the misinformation and propaganda being spread on their platform.

[@frkkful]

if that was the case, ban Twitter with its proliferation of porn. ban Facebook. ban Instagram. this is all about communist America doing what it does when it can't compete in the marketplace

[@dxelson]

who cares? does that even help you get any votes?

[@Non-n3z]

So u agree what Chinese government did. I thought those people don’t care TikTok threat because they didn’t stand front line to against China.as a Taiwanese, I will say the truths is that the TikToks try hardly to suppress those who want independent 😢😢😢😢😢

[@AshLee-ig6bf]

If we are going off of effect on kids, get rid of fb and ig also

[@johndrummond6585]

Re: The TikTok ban, I heard a nice use of the word "reciprocity" when thinking about this situation. While all the other concerns are valid and legit, I think the simple fact that US social media companies are not allowed to operate in China, yet Chinese social media can operate in the US is a violation of reciprocity. For TikTok to continue being allowed in the US, US social media then should be allowed in China. If the CCP says no, that is when the US has the right to shut down TikTok.

[@RJMeix007]

Joseph: Texas RH revenues, growth, beef inflation, blah Me: mmm.. steak

[@BetterYouNow]

I've never got a good state from Texas RH, last time sent it back twice and finally they gave me a free steak which came out bad as well. This was for the location in Texas in DFW and Mexico. Can make a better steak at my house with my eyes closed lol

[@ChickFilA_Sauce]

TikTok rots the brains of its users.

[@refroggy]

Thats right, it's dangerous brain rot. Consume more big news network media. Shhh. Go back to sleep.

[@JohnnyWalkerYT]

Same with KZbin

[@jakeroper1096]

@@JohnnyWalkerYTnot the same as KZbin*

[@Unbleepable]

If only we listened to Trump :(

[@mattheww1072]

and facebook/twitter/youtube don't? Come on now.

[@arc8696]

So the Americans are doing this for the sake of Israel . Not for their children

[@xtrwq]

It's about the Israeli lobby (i.e. bribes) and the next election, Biden needs their support (& money).

[@redslate]

What? It's PRC propaganda / information warfare... and Spyware.

[@stanleydavid9264]

I acknowledge that this is not a political channel but I’m so tired of the pro Israel vs pro Hamas argument. I don’t know what the majority of TikTok creators’ positions are, but I’m confident that there are plenty of people who are against the bombings and are also not “pro Hamas”. Boxing people into only 2 categories is intellectually dishonest on the governments part and we should strive to be better.

[@xtrwq]

That's a naive take, the people in the government (and Congress) know what they're doing and don't care, the Israeli lobby in the US has a very large influence.

[@HapticOG]

Palantir CEO def got a touch of the tism

[@BubbaBlackmon]

17:02 Congratulations to Alex Karp. He is the new father to two baby birds who hatched in the bird's nest he calls hair.

[@paulevans2246]

😂

[@dvsls]

😂😂

[@Particle_Ghost]

It's basically a testing ground because once they remove this platform they won't stop at removing others.

[@jakeroper1096]

Go back to sleep, kid

[@FactsAboutTheWorld.]

china does not let google, facebook, Pinterest, snap and other US companies operate in China. So from an economic perspective its only fair

[@user-qb6zw8ex8f]

Not

[@davebosworth1778]

We can hope.

[@slider292]

This is a totally unique case, not a slippery slope. And, they're giving TikTok a very clear path forward.

[@shadowninja6689]

Pretty sure that Nadella said the exact opposite about TikTok the last time around, that they were only showing interest in buying it because the Trump administration was pushing them heavily to do so, but they weren't really all that interested in it.

[@Maxfisg22]

Big difference. Berkshire doesn't employ thousands of employees that have a big portion of their yearly compensation tied to share price. So while Warren can sit on his high horse talking about welcoming short sellers, extremely hard working tech company employees are often dependent on share sales to fund their first time home purchases. Short seller impact on company morale should not be underestimated. I've had many excellent coworkers in the past negatively impacted in this way. These things dont show up on balance sheets or necessarily push organizations into ch 11 but there's a reason why after so many years a company like Boeing has endless quality issues. They lost their best engineering talent. I love your content Joseph but I do believe that deeper analysis should go into such feverish statements from front line CEOs such as Musk and Karp. My 2cs.

[@enemy1134]

sounds like an incredibly poor incentive program that breeds corruption over genuine innovation and growth.

[@whatisart2337]

Interesting! Thanks for sharing

[@mcbeavis6380]

Just because something is disadvantageous for your purposes doesn’t mean it’s bad. Those coworkers of yours are not entitled to becoming wealthy off of inflated equity prices. The universe is under no obligation to make it easy for you to save for a home or find success in investing.

[@JosephCarlsonShow]

Berkshire executives own significant amounts of the stock. Their interests are as closely aligned to the stock as it gets. So no, there’s no “big difference”. Yea. I still don’t buy it. Nobody is forcing employees to sell their RSU as soon as they’re vested, they can hold onto them for longer if they believe the stock is undervalued and unfairly punished by a short seller. The comparison of short sellers to Boeings quality control problems is really stupid. Short sellers have nothing to do with Boeing not having their business put together and focusing on quality of their safety procedures. The demonization of short sellers is misguided. They don’t bring down great companies, and they pay you interest for borrowing your shares. And they’re proven to help with accurate price discovery of equities. You can’t name one single company that’s had long term harm done from short sellers. And many of the most shorted stocks in history (Tesla and nvidia) have been the best performing.

[@JosephCarlsonShow]

Steve, I don’t own palantir or Berkshire stock, I have no stake in either. My analysis comes from an agnostic perspective and a factual ones. Short sellers are not problematic, they’re proven to help with price discovery in a healthy market. They are unfairly maligned by retail investors who been told they’re the root of all their problems.

[@christianb3563]

Palantir’s ceo would look better bald

[@AlanDuvall]

Tesla was drastically hurt in the early days by short sellers . They literally almost bankrupt it

[@matts2488]

There is a reason short selling is banned in some major markets like South Korea. The problem with short selling is that it also comes with masses of disinformation which then distracts the company from core mission by having to manage misinformation and often times associated security risks and frivolous lawsuits.

[@mikeho]

No it’s because of politics currently

[@jacqdanieles]

How is that different from pump-&-dumpers?

[@MegaStoneTV]

Banning that app would be a huge win for the future of humanity.

[@ianhale5482]

"The content on TikTok is heavily pro Hamas" In my humble opinion: the wording of this take, and what it implies, are both wildly unhinged

[@momentomori1747]

The problem is that you also see short sellers trying to manipulate the prices of the companies they're shorting to trigger stop losses and cause a big sell off. The various reports about ABR publishing lies about them is one example, but it's by far not the only example. Behavior like this is basically thievery.

[@NiceGuyEddy00]

The argument is that the short sellers are actually giving everyone a discount on a great company. You can buy when the shares are depressed and then reap the benefits when the shorts cover.

[@timjones4594]

The guy venting about short sellers, I understand his frustration. All the effort it takes to build a company and generate profits and then some smug short seller can generate profits off betting against you with zero effort. That would piss me off. But I agree with you, shorting can be beneficial for the market overall. Love your content Joseph, always look forward to your insights.

[@matts2488]

It’s not about spying. It’s about influence.

[@stephenglazer4224]

Its about both.

[@reimond30]

Have you *read* the Terms of Service TikTok has? They literally say that they *will* harvest your data. And by the Chinese law, every single firm is legally liable to give every piece of data to the CCP if they ask for it.

[@Sam-gl6bm]

Once again USA is mad that they cant control the narrative, saying this as an American.

[@reccyre]

It's for CENSORSHIP purposes! They want TikTok banned because they don't want lsraeI to get more exposed. No one is believing their lies anymore!

[@redslate]

It's both.

[@BalaKrishna-bq5iz]

I'm not on TikTok and won't ever be. But this isn't a "data security" issue but 'how dare it doesn't act as a pro-Israel govt. propaganda tool like our great American companies' issue. They are especially concerned that the younger generation wouldn't be puppets like older generations when it comes to Palestine issue. Apparently, if you're pro Palestinian people's lives, you must hate Israel and Jews regardless of how absurd that sounds.

[@collectorguy3919]

Sadly, there is no room for nuance in public discourse.

[@nataliam895]

Absolutely 💯 i wonder if its true to say its pro Hamas or is it rather pro palestinian people, who die every day bombed or starved by US and Israel, now applying censorship shoukd help not seeing inconvinient content. Israeli put lots of their crimes on tick tok not being ashsmed at all.

[@AlanDuvall]

It’s not forcing a sale to lobbyists…

[@GaryOGarysGarage]

Always a good rundown keep up the great work!

[@tumbleweed1976]

USA ignoring their spying while calling out TikTok 🎈

[@mauriceart4376]

First Republic Bank was brought down by short sellers

[@drewajer2538]

If tiktok was surprised then they weren’t paying attention

[@lawrencethomass816]

The uptick rule should be reinstated and shorting should continue !

[@aidanpetty436]

Great episode, thanks!!!

[@jaredcollier654]

I enjoy these thanks Mr Carlson

[@nixielee]

Agree about the short perspective. Only problem is a famous short seller going on Twitter and using that platform to move the stock. That should be illegal.

[@trevor2671]

I don’t own any Palantir, but that interview was awesome. You can tell he’s clearly passionate about the company.

[@jry0511]

And that's what Joseph would say if he bought PLTR instead of POOL

[@catcat7835]

Your yield is about 7.2% on average, per year, for last 5 years, including dividends and their reinvestment. Why do you stock picking and paying taxes, its inefficient, while you could just pick up ETF like VOO and get 12.5% on average, per year, or even buy VGT and get 21.5% per year on average for 5 last years, even if you like dividends, so much why not buying SCHD ETF with 10.6% per year on average for last 5 years, including 3.47% dividends reinvestments? I really cant see any logic in your investment. You put 468020$ and got 194525$ yield for 5 years, its worse than simply buying the S&P500 passive ETF. Where is the profit?

[@alstrickland9852]

Good show Joseph keep up the good work.

[@themusic6808]

Warren Buffett can say he invites short sellers because absolutely no one would short Berkshire Hathaway lol I can see why Alex Karp or anyone who’s the CEO and founder of a company would get riled up about shorts against their stock but at the end of the day there’s always going to be a percentage of the market who aren’t investors but short term gamblers looking to make quick profits off of high volatility and price action. It doesn’t necessarily mean they hate the company or want to see it go bankrupt, they’re just taking chances knowing there’s an equal probability the stock could go sharply up or down in the short term. Palantir will get to a place eventually where short sellers won’t see the benefit other than getting burned and they’ll move onto the next company.

[@VikingSummer]

5:44 a bipartisan group of AIPAC-owned slaves were told to shut it down

[@gilgamesh6135]

I loving this new news channel. Keep it up

[@AP-rm6fk]

China could have very well known about the ban bill but chosen to remain silent so as to protect any possible agents they have in our government.

[@S0L12D3]

Great video Joseph! Thoroughly enjoyed being educated here.

[@thecapone45]

9:55 Ted… All of those things can be done by US social media companies as well. The double standard is insane. 😅

[@soup100]

this has nothing to do with "China". It's really about Israel. The ADL doesn't like that Palestinians have a voice on TikTok.

[@tonymartucci7097]

Whenever CEO complains about shorts lookout - probably fraud going on

[@MrLogan2600]

No a CEO’s job is to raise the stock price if it doesn’t go up they don’t get bonuses or worst gets fired. Shortsellers are the fraudsters that want businesses to fail so the price of stocks stall even if the business grow

[@rediorxd]

Sounds like democracy

[@slider292]

I would agree, given our elected officials were the ones who engineered this.

[@JulioFeoUNAM]

Lol. Tiktok is bad because it's not us spying, but the others. 😅

[@jakeroper1096]

Yes, American companies spying is infinitely better than Russian or Chinese spying. Congratulation on passing first grade😂

[@shadowninja6689]

The TikTok spying accusations always felt like people in glass houses throwing stones at people not even living in a house.

[@JulioFeoUNAM]

@jakeroper1096 that is what the US teaches in elementary schools? 😜 fun aside, being from a neutral country, both scenarios are horrible, and close to impossible to avoid u.u

[@moritzr5912]

US Social Medias are not allowed in China, this alone is Enough to Bann it for me

[@thebigbucktheory5488]

​@@shadowninja6689 the rumor I guess is that TikTok was literally designed and implemented literally just to farm data from enemies and spread misinformation. It's not even legal in China... It's sole inception (rumored) was to just get data for the CCP, and spread misinformation on elections. Other companies even if they are spying was a byproduct to sell more data, and make more money.

[@dannthegentleman4261]

I mean why do you believe that TikTok will be bought by an American Company? America is not the whole world. TikTok can still continue strong everywhere else outside of U.S.

[@markarnoldsfinance2765]

Banning Tik Tok just may cause an increase in people going outside or seeing families at restaurants talking to each other.

[@dannthegentleman4261]

Or maybe just finding another similar app?

[@markarnoldsfinance2765]

@@dannthegentleman4261 probably, so only momentarily sunlight exposure until they go for instagram

[@jacqdanieles]

Banning the internet -- maybe Banning TikTok -- nope

[@gabrielfine6296]

Let's not exaggerate, Instagram and snapchat aren't going anywhere. Demand for Instagram is likely to grow which is honestly better than tiktok.

[@Discovery2024-rn8kn]

No it won't, eye balls will wonder elsewhere to another app

[@jamesnguyen17]

A wild suggestion on who will bid for Tiktok: Apple. Why? 1) AI for filter, edit and post processing picture combination would be amazing 2) Expand to new market growth now that they ditched EV and focus on AI, which reiterates idea 1 3) CEO beef between Apple vs Meta 😂 4) They also have enough cash and credit rating to finance a big buy 5) Low chance of being blocked by US gov, unlike Meta or GG, AND making good relationship with the China gov

[@Mywalkingblog]

Last Week Tonight ran a wonderful report on this Boeing situation. Ever since their merger with McDonnell Douglas, their quality has suffered drastically. They need a true Alcoa change in leadership as explained in "Atomic Habits."

[@Justthemow]

Best news ever it is completely destroying our children

[@bryanlee6237]

Your bad parenting is what is destroying your children, not an app.

[@redslate]

​@@bryanlee6237Little of column A, little of column B...

[@send2dwight]

Shorts play an important role in the markets but they can severely hurt young growth companies by tying their hands from raising capital.

[@CreditBuko]

The best way for tiktok is to have a tiktok based in the US, and cut ties all its equities held in China. There is no way they're going to ban tiktok, there are millions of users.

[@maximizedchen6875]

I just joined patreon already, but couldn't find the discord server?

[@polievets1]

So when Israel bombed civilians in Gaza this fact not supposed to be seen right ?

[@jacqdanieles]

Precisely

[@vicentecabrera9245]

Tesla is a prime example of short sellers hindering the company

[@jeffmatthews9120]

Check out news on declining sales.

[@vicentecabrera9245]

@@jeffmatthews9120 i mean the short selling years ago not now. Elon had issues getting funding due to the stock getting pushed down by short sellers.

[@TG5879]

This is going to hurt a lot of small businesses and PayPal. Laugh all you want. But a ton of stuff is being sold on Tiktok now using PayPal. I bought an automotive paint gun called a Drizzle.

[@MrLogan2600]

The problem is that short seller hurts the companies ability to raise money cheaply and reduces short term growth which yes Buffet who is an Investor wouldn’t care because he has 20+ year time frame. A CEO doesn’t have 20 years. The stock not raising in 5 years even if the business doubles could be enough for them to be fired and looked now they have no growth in their ownership either

[@fertinoc]

Hi Joseph! Looking forward to your thoughts on INTU

[@danielsimonson3484]

IT was so blind sided that some users had to call their congressmen before they could log in. According to a rep during a hearing.

[@rsfork0]

propaganda buddy. You actually believe US Reps lol. They straight lying to your face.

[@believeinthedream]

11:20 he doesn't like people to have opposite opinions😂

[@miri9600]

So basically Chinese propaganda bad, US propaganda good lol

[@fozziewossie]

Straight admission that when the propaganda is controlled by America people favour Israel. Where America doesn't control the propaganda people are against genocide.

[@redslate]

I mean... that's how governments see it, sure. Lol

[@gneminerift7485]

If China wanted to spy in on US movement they'd definitely already have been. And tik tok, if it is or isn't, is definitely not the route that would be most feasible for spying when you have flagship phones from Chinese companies circulating the US; social media and vpn accessibility; and a load of global network accessibility i.e. domain host, forwarding, dns, etc.

[@pwatom22]

Some may think Palantir are an evil enabler for mass surveillance.. regarding short sellers - Joseph covered it well.

[@Xairos84]

Good. Not because I am anti-China, but because we have to have some stance on social media. This sets a precedent. And all social media gets rich why the general population is mined for engagement / ad-dollars. Edit: the population will adapt, the market will use some other platform. This is business as usual.

[@mikeho]

Agree… influencing shouldn’t be a real job

[@Angelkuhn999]

@@mikehowell if people made money off of it then it is. Too bad kid, capitalism isn’t fair

[@fvid88]

17:25 we have seen this before… Richard (Dick) Fuld from Lehman Brothers

[@jacqdanieles]

Yup. I was considering a position in PLTR until his rant. I had stayed away because I don't trust Karp. Now I trust him even less.

[@andreaisonline]

According to Ted Cruz's logic, Meta and Google should be banned everywhere in the world except in the US.

[@jacqdanieles]

"Cruz" & "logic" are not to be used in the same sentence😉

[@Grumpygrump2]

Buddy how did you miss that Qualcomm is perfectly positioned because they're hosting the US Tiktok servers...

[@Heatranoveryou]

if you have a good company, your stock price wouldnt matter.

[@VikingSummer]

11:41 Your frontal lobe is influenced by seeing a genocide in real time

[@NoVaRedacted]

In other words we’re taking over TikTok to force it into a buyer for a stock

[@Euquila]

Somehow, this will backfire and have the opposite effect

[@tater6573]

Where can i send you a damn hair brush

[@Coda1850]

😝

[@jeffmatthews9120]

Gimme some of that hair! Long, beautiful hair! I'll take it!

[@valsomeone2180]

It won't happen Joseph.

[@SFreedberg1]

Yes, I agree with you.

[@Unbleepable]

Between Boeing and DEI, its going to be very risky to fly for the near future

[@nataliam895]

But why should tick tok be sold at all , cannot it exist in other countries thsn us?

[@balljointfd3s]

China has its own laws which prevent divestment of certain tech stuff, which might be applied here since TikTok has a really good algorithm that they don't want e.g. Microsoft to get. Also TikTok is really big, and Bytedance would not want to be forced into a fire sale, so it might just prefer to hold onto the European/Canadian/etc markets even if it loses its American market outright.

[@sindrejohansen2529]

do you think i should invest in texas roadhouse now?

[@FrappuccinoDrinks]

Tiktok don't control what people choose to say on the app

[@samscil]

Haven't seen any financial tips from tictok recently, what happened?

[@acanova2001]

Palantir CEO and Buffet on short selling. This is great 😂. Nice work Mr Carlson as usual

[@workingman3878]

what platforms do you use for investing? fidelity, vanguard, etc

[@me-myself-i787]

M1 Finance

[@jameslu680]

JC: "Not Optimal"

[@joed2525]

Thoughts on M1 charging a 3$ fee now? I think I’m going to leave and switch.

[@KCAATV]

I can't believe I agree with Ted Cruz about anything !!!

[@CrazyMedic220]

I’ve been shitposting on Boeings Facebook page. Big fun

[@faux6250]

I’m not to educated on portfolio stuff, but would short-selling Apple be a good idea if the Senate approves the ban.

[@sshumkaer]

Palantir? What great American company is he referring to?

[@joaodealmeida26]

Joseph, you recently made a video about Texas Roadhouse being called a "meme stock" by analysts. Wouldn't Palantir be a meme stock instead? Cult-like stock, not so strong fundamentals, short sellers always in... Could that be the case? I'd like to know if you have any ideas on it.

[@redslate]

Many people _do_ consider Palantir to be a meme stock. That's not to say it isn't valuable, but the speculation surrounding it makes it a target for heavy market manipulation.

[@AlvinLau-d6c]

Apple would be unlikely. They won't be able to meaningfully cripple Apple w/o meaningful crippling employment.

[@lldv7423]

Vici update ?

[@denisegorov4838]

What happens to INTU after ira launching free tax filing software

[@WitakPL]

I'm sure I'm not the only one who wants to see more stock analysis videos here and there. You should at least consider throwing in one once a month. I'm sure we'd all love it :)

[@FactsAboutTheWorld.]

China does let google, facebook, pinterest, snap and other US companies operate in China. So from an economic perspective its only fair

[@mr.xernorus4026]

But why the senators are saying that tiktok is a chinese app? Arent they tawainese? Did the US senate just admited thad Taiwan is chinese, did they side with China xd? I dont have tiktok and im not american so this is confusing, but its clear its 100% politics.

[@eddy41617]

Singapore

[@harryhan2525]

The real reasons why companies fall down are many, corporate greed, mismanagement, overexpansion….. these would attract shorters but are never caused by them. The management is just pushing blame towards others

[@harryhan2525]

😅especially Boeing and ibm

[@mohit4902]

I would sell apple shares since I'm certain China will get revenge

[@justgeneric2876]

if there were no shortsellers there would be few bargains

[@ao59324]

What if Apple buys tiktok??

[@Mywalkingblog]

Apple would do well to buy TikTok. What a wonderful way to implement your ecosystem into a social media platform.

[@cloudedjourney]

Shoulda picked up texas roadhouse when you brought it up last year! killer find.

[@Josevaldes12]

That graph shows why they don’t like it 😂if the house passes the bill it’s because they got something out of it

[@kball5728]

Is it really blindsiding if it was discussed so much previously..... ?