Hey this is tom, and i want to have a tough conversation. In fact, i'm sure that this conversation is going to hurt my sub count. It's going to hurt my engagement and the overall growth of my channel and i'm absolutely 100 fine with it and i'll explain to you in a second. Why so? The first thing i have to explain to you is that i don't think that any single person on this god-given earth should be taking investment advice from youtubers, and that includes every single out there, including myself.
Nobody should be taking investment advice from a dude on the internet, making videos or a dudette or a horse or a giraffe. It does not work like that. If you're taking investment advice from people on the internet, you're probably going to fall flat on your ass, that's how it works. Whenever i get this feeling that things are getting out of control, i just basically try to make these videos to let you guys know what the truth is, because, unfortunately it goes against my own interest to tell you that, but i got ta be a hundred with You a lot of these youtubers out there, not all of them, not all of them, but don't want you to know this.
They don't want you to think that they want you to think they're, some sort of an investment guru they're. Not it's just another opinion. The way i see youtube and the finance community and investors work together is that that's just another source and resource that gives you another opinion. Another piece of information, something to stimulate your own thought process, your own research.
It's not an investment tool if you're investing predominantly because your favorite youtuber told you it's a great company, it's the best thing since sliced bread, then you should not be investing it's as simple as that. It doesn't work like that. If you want to watch youtube videos about finance about the stock market, about the economy created, like another opinion, like another thing, that you kind of add to the 100 things you're looking at when you're looking at the company and i'm going to make a separate video About it, there's a few things you have to be looking at, which are completely objective. Look at the valuation! Look at the multiples! Look at the profitability! Look at the growth! Look at how much dividend with value stock.
Look at the balance sheet! Look how much debt to cash, how much assets to liabilities what's the short interest? What's the market cap of the company? What's the free cash flow? Look at the strengths of the company, the weaknesses, the opportunities, the total just market, there's literally like a hundred different things you have to look at and in those hundred things watching a youtube video by somebody giving their bull or bare thesis about the company. It's actually a good idea, but that's not an investment tool. It doesn't work like that and for that matter i think that y'all are confused about what sub counts mean, and by that i mean subscriber counts. Subscriber counts mean jack. That don't mean that the guy knows better, because he has more subs. When i make a video about a certain company - and i have 280 000 subscribers and some guy with a thousand subscribers, make a video about the same company. My sub count does not automatically makes me more right. There have been multiple times when people with 100th of my sub count made better videos than me about things that i've also covered.
I i can't even count how many times so when you all are looking for these finance resources and you go for seeking alpha t pranks youtube cnbc. It's all gucci, no problem just make sure you don't get. You know the bling bling of the sub count just makes people blind, it doesn't mean jack. It means that they're better at youtube.
It doesn't mean they're, better at finance, so you got ta. Take everything with a grain of salt judge every single youtube, based on the quality of the analysis of the quality of information not on their sub count, because y'all are looking at these 300 400 500 subscriber channels as if they don't mean check. They have a lot of valuable information. To give you sub counts are just basically a vanity number.
It means make sure you realize that, and again everything i just said is just to be 100 with you, even though it's going to hurt my own channel so be it. I want people with me that are real. I don't want people who think i'm sort of an article article that i'm some sort of an oracle or a god, or i know better than them. I want people on my own level to basically take this journey with me.
I don't want fanboys and like that simple, as that five minutes, and i'm out see you mother lovers.
By Stock Chat
where the coffee is hot and so is the chat
This this is why I'm subscribed. Thank you for your honesty
MeetKevin broke your soul huh Tom? Geez bro – u wanna grow some balls? – put out some controversial content like I do on my channel – that takes balls – doing this fake "Don't listen to anybody" crap is just a plea for attention…
At least Tom says don't buy anything.
Didn't say chicken, sooo I'm still going to listen to Chicken genius 😅
How to predict the Market:
1. Roll the dice 🎲 🎲
2. Spin the bottle
3. Flip a coin
4. ouija board
5. Youtuber ✅ 😃👍
Back in 1980, a horse and a giraffe both told me to buy AAPL. I chalked it up to the LSD and didn’t buy. FML 🤦♂️
The last few years I’ve seen a bunch of young people just waiting to be told where to “invest” their money by YouTubers who just mimic what they’ve read on Reddit or from other YouTubers videos. They show lots of confidence like they know something but it’s nothing but a dog and pony show. Now those people who followed these so called invest guru’s are getting destroyed as the stock market shreds them through the investment meat grinder.
Tom is a rare breed in this world. Admits when he’s wrong and tells you straight up.
I only do everything what LOU says cuz I am an idiot. Clov was the best!…lol.
It's not about YT then but generally true. Don't take financial advice from anyone but form your own opinion. The advice on YT is probably better than you get anywhere else. You can easily find many different opinions. And you can check their credibility by watching old videos.
It's easy to find good information on YT. Very hard elsewhere. News channels and actual investment advisers are likely worse.
And what you get nowhere else: comments. That's literally a gold mine of information.
titles the video – "Don’t listen to stock market YouTubers"
Tom is a YouTuber. The irony is strong in this video.
Ok im not taking your advice not to take advice from youtubers
Totally agree with you: stock price is a liar but soo little have the true meaning of value or how to obtain it!
Three motherlovin' grandpas for your content Tom!
I disagree Tom. Most utubers….Great source for research towards making an investment decision
One Meet Kevin doesn't mean that ALL the Youtubers are rotten. We just have to be wise in our choices. We are thankful to those honest Youtubers (like yourself) who helped shorten our learning curves. Thks and keep up your good works.
At the very end was that see you mother lovers or see you Monday, lovers. Hah. I know I know but kinda sounded funny. Nice ramblings from potentially a mad man. Word up mother lover
Dude, planning to do e portfolio overview video ? Curious how you perform compared to SP and Nasdaq
Funny how a lot of YouTube “investors” are now making disclaimer videos like this since meetkevin fucked up.I don’t blame Tom though, not saying he’s one of those fake YouTube investors at all. I do like his videos and I do think he’s very legit and honest with his viewers, he has only shared info and his opinion.
The one thing I like about your channel is that you’ve never deviated from being honest and forthright. I also appreciate that you’re not shilling expensive investment courses or pumping stocks to suit your own personal interests, which I’m sure your core base also appreciates. Please keep giving it to us straight with no chaser. That is your brand, Tom.
Haha funny you say that just now: if a finance youtuber is greedy enough to take advantage of his subscribers’ simple-mindedness, i.e., taking their money by selling them “investment courses” by luring them that they know what they’re talking about and hence that they should follow what they say (as their “teachers”), then said youtuber should not act butt-hurt when the same stupidity leads some of his followers to take things personal against him/her when they finally wake up and realize they’ve been taken advantage of! There is no free lunch, aka number 1 rule in investing!
Guys…youtube people flourished because the stock market grow so much from 2020 after pandemic crashed. You put money on anything and you would make money now nobody knows what's happening on a market correction or crash lol so make your own decisions because no youtuber will kmow what todo on this market. I have never invested I only do options I can make money going up and going down. Market is rigged so investing is just people playing with my money for 5 or 10 percent? I am doing 20 to 40 percent weekly doing options. Is a no Brainer but again who am I to tell you what todo I just don't trust on our stock market and economy and politicians. There is a reason Pelosi is the best trader of all times.
I followed the opposite of Jim Cramer, Bloomberg and cnbc and it always work in my favour. When I decided to use their advice on stock I have lost so bad that I spend some days scared to open my account
I hope Kevin is listening! Changed his hair color a dozen times, then he shaved it all off, then he sold all his shares, then he regretted. Then … Stay away or join him to have a hardy laugh. He is a joke! 🤡 🤡🤡 Keep jack shitting!!
Tom. I think that you are a very good and honest man. Really. Thank you for that.
I am a subscriber and watch all your videos, even if sometimes I have a different opinion, I still learn a lot from you.
Actually I have unsubscribed from a lot of channels, and now there are only two channels I watch every single video from.
It's yours and Everything Money one. They tought me a value process whth their view, what saved me from quite a lot of potential losses. And you helped me to learn identifying a potential that is not obvious in numbers, in balance sheet and cashflow statement.
You are a good man, Tom. Thank you.
Its funny, i actually respect you more now
Peter Lynch once said that people spend days or weeks to research a holiday but throw their life savings into stocks on a 5-minute tip from random people. I think he said that decades ago, but things didn't change. You have always sent that message and I praise you for that.
I'm going to sell all my tesla and apple and buy nio and Nikola now! Got it!
You should interview jbravo.he is a swing trader and business teacher. He is good! He does have a course for business and technical analysis.
The reality is people are mentally lazy unfortunately. They want a cheat code and take the fast path to success. Usually it leads to a fast crash in getting REKT. Great message, keep coming with the info💯
Tom, spit it out. This video is for Kevin 😆
What I have gained from youtube is awareness of what is out there and how to analyze what is good or bad , I invest very seldom , but I have done OK . I did make money on CHEK 🙂
We all look for confirmation. That’s human.
I wish more people advocated for holding index funds. New investors jumping into growth stocks have no experience and get slaughtered.
Hey, Tom, I'm looking forward to seeing you doing such video from within your Lada :p 😀
Tom, you need to make a collab video with Sven Carlin who need it real and is a real value investor.