Financial Advice That Aged Like Milk

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Published 2021-12-21
DON'T SELL BEAR STEARNS!
Follow Richard Coffin "The Plain Bagel"
youtube.com/theplainbagel

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🎶 Music:    • wake up and smell the coffee (Coffeez...  
Credits:
3D Artist: Ed Leszczynski www.instagram.com/ed_leszczynski/
Video Editor: Harry Bagg twitter.com/HarryBagg96

This video is an opinion and in no way should be construed as statements of fact. Scams, bad business opportunities, and fake gurus are subjective terms that mean different things to different people. I think someone who promises $100K/month for an upfront fee of $2K is a scam. Others would call it a Napoleon Hill pitch

All Comments (21)
  • @Coffeezilla
    Pump the stock and I’ll give you a discount at footlocker.
  • @yamikaga
    Back in the day my econ 101 teacher told me a saying that sticks with me to this day: financial analyst spend 6 months predicting the economy and 6 years studying why they were wrong.
  • @GG-kn2se
    I get the shittiest ads because I watch this channel now. Amazon drop shipping, get rich quick schemes blatantly against YouTube’s TOS, etc etc. But I do it to pump the CoffeeZilla stock
  • @botz77
    The moral of the story is do the opposite of whatever Jim Cramer advices. Even his call on Stark Industries in Iron Man was wrong. Sell, sell, sell.
  • Cramer telling people to panic sell at the bottom is absolutely a 10/10 bad call, he told people to do exactly what you're not supposed to do.
  • @sevensages5279
    Cramer definitely deserves a 10/10! He was even recommending people buy the dip on bear Stearns the day before they went under and were bought by J.P. Morgan
  • @Byronze
    I think the funniest phrase i've heard from an 'investor' is: "I don't know what they do, I'm just an investor" Got me dead
  • @georgeh6856
    Jim Cramer definitely deserves a 10. Jon Stewart referring to Jim Cramer on March 4, 2009: "If I'd only followed CNBC's advice, I'd have a million dollars today ... provided I'd started with a hundred million dollars." Also, Maria Bartiromo, now a host on Fox News, proudly proclaimed on NBC's Today Show shortly before the 2008 crash when asked if she foresaw a recession: "I do not. The fundamentals of the economy are strong."
  • @MrClockw3rk
    The important point that most comments are ignoring is: Meme coins are equivalent to the 2001 bubble stocks with no business model. Nobody will upvote this because the average person is making this mistake and they are embarrassed by it.
  • @SpencerCornelia
    I just started watching and I really hope you include Robert Kiyosaki's almost daily prediction that the United States is facing the worst depression in history.
  • Cramer a 6? The guy literally told people Bear Stears was fine because he knew they were not and he feared everything would blow up. That was an 11! BTW, it is amazing he was still allowed on tv, period! And that Quest guy, he is like the most shady appearing person ever. Why can he get a career doing finance journalism? Absolutely insane world!
  • @Kingcrab0
    Coffee meets Bagel? Sounds like a dating app.
  • @lambchop2x624
    I was 14 years old when the market took a huge crash 13-14 years ago. Had a teacher that swore to me that companies like AIG and GM were going to get bailed out by the government. I had almost $1000 saved and wanted to put half into AIG and half in GM when they were at roughly 40 cents each. Well my family told me I was wrong and not to waste my money. By time I would have gotten to college and needed to sell the stocks, I would have owned roughly 2000 shares that would have been worth well over $200,000.. Still hurts to this day. edit: my math was a bit off shares did get to $60 range 5 years later though. GM did end up restructuring so I would have lost a percentage of shares not sure about AIG. Without restructuring I would have 100x minimum moral of the story. I’m being corrected in comments so wanted to clear that up lol.
  • @maurreese
    How Jim Cramer still has credibility is beyond me! Look at what he told people about invest in DiDi and Chinese stocks before DiDi was delisted.
  • @stupidbro2301
    To be fair, everyone in investing is often wrong, Hedge funds, banks, Warren Buffet. You are good trader if you are right in more cases that you are wrong.
  • The most amazing thing about all of these is the one with Cassano (AIG guy) That statement was given on August 9th 2007. Anyone who has studied financial history knows that is THE DAY that everything really started to unravel. That was the worse call out of all of these. Like your standing in a burning building and putting a second layer of clothing because your cold.
  • @Ettrix
    Jim Cramer deserves a 10 ... It was a highly specific call, with a direct call to action (don't pull out) ... where as some of the others the guy rated higher, were more general pieces of advice.