Please try and be kind and respectful to each other, especially to people you don't agree with or don't like. Tom.
So over the past two weeks ever since meet kevin, one of the most prominent financial youtubers on the scene sold his entire portfolio after saying that he's basically staying all in and he's not leaving 24 hours later 48 hours later. He completely liquidated everything he got and basically cashed out now. What i've seen over the past two weeks is people go viciously at this man's throat and try to take him for everything he's got it gotten so bad. The dude actually had to turn off his comments.
I mean imagine that now i'm not going to sit here and pretend, as if i 100 agree with what he did in fact, i think there's a lot of issues with how he carried himself and how he communicated his choices. I think there's a big problem with him, trying to communicate that as some sort of a rational analytical methodology where he just in a 24-hour cycle, completely reversed his position instead of just being honest about it. I think - and i told this to his face in our interview - i told him - hey kevin, i think you should you know just say it: it's an intuition. It's a hunch.
I followed my gut. It is what it is. You know. Sometimes you got to follow your gut, but i think him trying to justify that in creating some sort of elaborate explanation of how this played out and how mathematically it all made sense all of a sudden 24 hours later.
I think it's the wrong move and that's why i think he's getting a lot of the heat. However, don't agree with what he did and i feel like it devalues the value proposition of his course. However, he's within his freaking right to do it it's his money, he can do whatever you want. He didn't really do anything wrong.
Morally, that's the thing i don't think people understand, but whether you agree with me or disagree with me. I've said it before, like the guy, like his channel like his content, i think he screwed up on this one and i think he needs to come out and explain exactly what happened, even if it cost him a few core sales. However, whether you think i'm right or wrong, whether you like the guy, whether you hate the guy, you are forgetting that you're putting some really mean stuff in the comment section and these message, boards and and the videos that are being made, i mean the dude has A family he has a wife, he has kids, he has friends. I mean like his circle of trust, his friends, his family is reading these comments, you're, shaming him so viciously in front of his wife and your friends and whatnot i mean this is a freaking human.
Being you forget, because it's rich and because he's on tv or you do whatever you guys forget, this is like a real human being with emotions. I mean the fact that they turned off the comments. Really just shows you how much you know he's probably felt hurt. So what do you think is right? What do you think is wrong? I think going for this man's throat and trying to publicly shame him is not the right way to do it.
In fact, i don't agree with it at all and if you with that kind of behavior, i don't with you simple, i think criticism is important and i think vocally criticizing him for screwing up or myself when i do it is important. However, you know going at this man personally and trying to completely shame him into submission. I don't with that. I think it's the wrong move and i don't agree with that at the end of the day, and i said it again, i said it to his face. I think there's a lot of bs in how he explained what happened, but that don't justify people saying whatever it is. They said over the past two weeks now we've become this cancel culture outside of youtube, and now i feel it's sipping in into the financial education community. So i don't want to see anybody get cancelled, definitely not kevin who's, a good dude - and i definitely don't want to see us - become this community where it's toxic and we're just basically going at people's throat like this. So now criticize kevin lay out your arguments say what you think is wrong, but please, you know, stop with this personal attacks.
I mean that's just it's just not cool, i mean. Is it you're, forgetting he's a kid he's? What like 27? I don't know. 28 years old kid with young kids and the wife, it's a human being just lay off the dude. It's not cool, see you boys later.
Kevin has lost credibility. Feel bad for those who paid for his "courses" on stock market panicking. YouTube doesn't need another Jim Cramer
It's basically the same with gaming companies or tv shows. When people consume content of a creator for a certain time, some begin to think that the creator owns them something. If this mixes with entertainment and financal "advice", you get a toxic reactions very fast. I personally think a youtuber behaving like that (and selling courses!) looses a lot credibility. One has to evaluate, whats more important. Preserving 20 million USD, or preserving youtube credibility. I'd take to 20 mil and say "Screw you guys, 'im going home.".
It's part and parcel of working in a public space like Youtube. What did he expect? He's still shilling his stupid courses.
I saw panic in his eyes when he sold his portfolio. Who amongst us hasn't wanted to sell everything at different times! I know I have. 😓
I 💯 percent agree with you on this matter with Kevin. Yes, Kevin is a human being and need NOT be shamed in this way.
Lol comes with the territory tbh .. he earned his spot to get criticized… that said I agree he can do what he wants his money and still support him . But he does flip flop on issues like we all do.
As far as I know he didn't turn of his comments. Maybe he did for a day.
I used to watch his content when he covered real estate but then he started covering stocks and that is when I stopped watching.
Seems more like a Cramer.
Kevin did not front run his audience. He is not moving markets in enphase and tesla when he sells. Anyone who is upset with him was blindly following his trades and did not ever think for themselves.
not a fan.. yet I properly enjoyed the interview, I think it was very good and answered a lot of questions for people.
and yes surly I agree people as people usually are, taking things out of proportion.
I agree with everything you said in this post, and I made NO comments to him or about him except to say that I was previously a subscriber to his channel, but dropped off a few months ago because my gut told me to. In fact, the daily juxtaposition between him and you, Tom, might have that led me to that decision.
I was only upset because he sold everything after convincing campaign donors that he would hold AMC for a full year. Supposedly, he bought back the AMC that he sold, but… you know how that goes. It's not a question of his financial strategy, that's up to him. But it's another issue to preach one thing and criticize those who don't do it, then immediately contradict your own advice.
💯correct. At 30 yrs of age he has achieved more than may people who are bashing him. I never made any investments based on what he says in his channel. I listen to him and make my own decisions based on my evaluation and judgement. He is still a good source of info when he breaks down macro economic stuff like fed minutes, job reports etc. It is his money and he can do what ever with it. Getting pissed and abusing him because anyone followed his investments and felt rug pulled is wrong. Own all the decisions you take as investors and learn from that. Listen to all the financial YouTubers and take your own decisions. We are lucky that we have these YouTubers making our life easy with all the research and insights! It is for us to decide what to take and what to leave as we make the decisions with our money. Success or failure, both are because of our own thinking and actions. Do not clone anyone 🙏🏾 thank you Tom and Kevin and other YouTubers.
I looked up to him so I'm kinda put myself on rehab. Im still subscribed to him but not a member anymore. He still put out some useful infos.
Tom, you're a very reasonable man. As you know there're 3 truths. One is Kevin's, second is those subscribers' and the last – the real truth. The best way to deal with that kind of sh9t is don't explain don't complain. Hope I'm not wrong.
I am not one of those haters but let's just be real here. He's got 2M subs, I'm sure there are 10% that are angry and are complete jerks. You just have to accept that and not be thin-skinned. And can you be more specific with the personal attacks? I don't see any really other than most of them just calling him a weenie baby and paperhands. So he can dish it but can't take it.
Unfortunately, it’s part of the territory Tom. I don’t think he should be canceled either. I don’t CARE what he does with his money. I’m more focus on what he’s doing with his INFLUENCE!!!!
Being too easy on him. There are financial YouTubers and there are viewers. The youtuber gets good ad revenue and the value proposition for the viewer is to get an edge on the market. I don’t see that from Kevins channel even though he makes the most videos.
You boys know how we make Kevin pay?
It's not by sending hateful messages. It's by PUMPING THIS STOCK MARKET AND MAKING HIM REGRET SELLING WHILE WE GO TO THE MOON LET'S GOOO 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🐂🐂🐂🐂🐂🐂🐂🐂🐂
Tom this is awesome I was so angry and writing mean comments but that was because I was hurt by his move and felt betrayed. I will apologize 🙂
Excellent video. I agree there’s no reason to be making offensive comments. I personally apologize if I did so at any moments . I agree Kevin has the right to do what ever he likes with his money. But don’t think it’s morally right, to hipe people and saying his not leaving. Then leaves first, later tell the community, does not look like transparency. Looks more like a rug pull, even tho the market wasn’t going up. He still pull the rug on everyone else. That’s what he really needs to admit.
I think Kevin did what he think is correct. He can change his mind. It is not as if he sold all his hold then tell everyone to stay in. He is acting according to what he thinks, as information and time progresses
I agree with you Tom, but a lot of people still seem to miss the point, a lot of them in the comments here. "He CaN Do WhAt He WaNtS wItH his MoNeY" is what I see the most. That's not the point! The point is preaching one thing, then doing another. The point is hypocrisy. Does that justify being mean to Kevin? No! But it is understandable why his fans would be disappointed.
He made tons of money off his course which is now obsolete because he went against his own values. But tbh he’s a terrible investor he got lucky with some mem stocks he was over leveraged and not diversified enough… but I absolutely do not care that he sold his portfolio why would you it’s his money… makes no sense.
Come on Tom, he is all about selling his classes and monetizing his channel, nothing wrong with that. It is called capitalism, and I am all about that. But please, to try and maintain an air of integrity is disingenuous. He fucked up.
This is one of the things that keeps me from starting a youtube channel. People forget we are humans and we can screw up. You could give the public gems for 364 days of the year on the 365th day, you can slip up and you become public enemy #1.
My strong advice to anyone running a youtube channel is keep your family and your personal finance out of the public eye. Some people are such haters that they feel miserable seeing other people succeed and they rush to tear them down whenever they get the chance to.
Mr. Kevin spends hours reading financial statements from Central Banks that are boring as hell. And then he sums them up in videos of 10 minutes that are easy to understand. We should all be thankful to him.
I don’t agree with Kevin’s decision either, it has consequences. But yes, he is a human being, and attacking him won’t help. However, maybe the negativity would actually calm down if he stated that it was the wrong move. He still seems to defend his action. But in the end, we all need to take responsibility for our own actions.
If your that mad at him your kind of pathetic. I never like his channel and my response is to not watch, not to spend time sending him messages.
I agree the threats are absolutely ridiculous and I think he does deserve some slack….. however, he represents himself as a financial guru, he sells a course on the psychology of money, he is absolutely open to criticism and if he wants to play with the big dogs he should be able to manage the insults accordingly as a self made public figure.
Tom, you forget one thing, people who trusted him probably got rekt within those 2 weeks by trusting him…they have families too…I get it, all you guys keep repeating the mantra “not a financial advice…DYOR…”. I get it, we all do, but you know how things trully are…if we dont take your ramblings as a financial advice, why on Earth do you think we watch people like you? Remember good saying “with great power comes a great responsibility…”… what Im surprised about is why we even discuss it here… (for a full disclosure, I didnt even know who that dude was till you started featuring him in your videos, hence Im not one of those haters…just an observer who appreciates ur videos about stocks, not other guys☺️)
Oh please. This is YouTube. You n anyone else with a page is for entertainment. I think you all think too much of yourselves. You put out for comment. Get what you get. It's all a f ing game.
Could he have done it to stir publicity and draw more of a crowd/following? I def think he made the right move with his money as the market is too risky with the Fed tightening with monetary policy.
Just becauae its within his right doesnt mean he didnt screw up MAJORLY. When you have a large following as he does, it comes with a level of responsibility to your audience regardless of "family reading comments" or whatever…it literally comes with the territory..dont take the money and fame i suppose that comes with being a youtuber if you are too sensitive to take the backlash when you screw up …the financial community especially has a higher threshold of responsibility to their viewers, alot of whom arent extremely financially literate..when this happens ,sincerely apologize and move on..leave the emotions and family reading comments blah blah out of it, it comes with being on a public platform..trolls are everywhere but people that follow him absolutely have a right to feel some kind of way. He's just gonna have to let the storm pass, cant say on one hand that hes young hes a kid and then on the other hand hes raking in bank charging premium for a course hes selling to the public
Not sure I agree Tom however I agree highly abusive comments are unfair. Personally it doesn't bother me, but some people, younger or new to investing, will literally be listening to him like Jim Cramer and they will have lost money. So it's not funny I don't think and he does deserve to lose money himself or feel pressure from people who literally pay his salary.