Agree, majority Youtube and TikTok finfluencers are so bad, they just jump on trends and/or engagement because that is what gets the views and that = ad revenue for them so they don't dig into the more boring nuances of how markets work and like you said, prices thing forward. They react, too much. You can tell just by checking the thumbnails but unfortunately, great dramatic thumbnails leads to clicks and views so it's a reflection of the YouTube algos and to a certain extent, the audience as well as they want quick success and 1 video answers to their problems or hopium.
When the macro "experts" don't mention the Fed, net liquidity, interest rates, aggregate demand and show no math, etc., I really question them lol...and the "oh everyone bearish so I'll be bullish" takes or vice versa without any context or data to support why and how the market will pivot or turn here
LOL, those are the funniest, contrarians like to sound smart. If you were a contrarian during 2020-2021 bull run, you not only got killed but slaughtered to mince meat.
The thing about the “crowd” is that they’re actually right most of the time but every once in a while they get things horribly wrong. To your point, being contrarian just for contrarian’s sake is not a sound investment thesis.
So true. Plenty of examples of the crowd being right and plenty of examples of contrarians going out of business! There is a time to follow the crowd and a time to go against.
Interesting! I was not really aware of them. I‘m a heavy user of Finance podcasts on Apple and maybe hastily dismissed the Youtube discussions as to shallow. But can you recommend a couple of good channels in the Stock selection, Global Macro area? Thanks
Sorry for the delay. In all honesty I don't watch any regularly. Unrivaled Investing is quite good for stock analysis. New Money is good. Dumb Money is interesting too.
Agree, majority Youtube and TikTok finfluencers are so bad, they just jump on trends and/or engagement because that is what gets the views and that = ad revenue for them so they don't dig into the more boring nuances of how markets work and like you said, prices thing forward. They react, too much. You can tell just by checking the thumbnails but unfortunately, great dramatic thumbnails leads to clicks and views so it's a reflection of the YouTube algos and to a certain extent, the audience as well as they want quick success and 1 video answers to their problems or hopium.
When the macro "experts" don't mention the Fed, net liquidity, interest rates, aggregate demand and show no math, etc., I really question them lol...and the "oh everyone bearish so I'll be bullish" takes or vice versa without any context or data to support why and how the market will pivot or turn here
LOL, those are the funniest, contrarians like to sound smart. If you were a contrarian during 2020-2021 bull run, you not only got killed but slaughtered to mince meat.
The thing about the “crowd” is that they’re actually right most of the time but every once in a while they get things horribly wrong. To your point, being contrarian just for contrarian’s sake is not a sound investment thesis.
So true. Plenty of examples of the crowd being right and plenty of examples of contrarians going out of business! There is a time to follow the crowd and a time to go against.
cool thanks joe
Touché on the crypto affiliate - crypto price trend correlation.
Good one(!)
Interesting! I was not really aware of them. I‘m a heavy user of Finance podcasts on Apple and maybe hastily dismissed the Youtube discussions as to shallow. But can you recommend a couple of good channels in the Stock selection, Global Macro area? Thanks
Sorry for the delay. In all honesty I don't watch any regularly. Unrivaled Investing is quite good for stock analysis. New Money is good. Dumb Money is interesting too.
Why even bother to spend your time on them though?
I get sucked in. It's those damn thumbnails!