ByteDance’s Blowout Profit, Kalshi & Events Betting, and Dude Perfect’s Big Deal | Prof G Markets
This week on Prof G Markets, Scott shares his thoughts on the latest financial figures from ByteDance and discusses if he would buy shares on the secondary market. He then takes a look at a platform for trading on event outcomes that just attracted a big market maker. Finally, Scott and Ed discuss one of the largest deals in KZread history, and what it says about the creator economy.
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Timestamps:
00:00 - This week's number
00:27 - Today's episode
02:58 - Market Vitals/Headlines
15:12 - ByteDance’s Blowout Profit
20:31 - Kalshi & Events Betting
28:38 - Dude Perfect’s Big Deal
36:12 - Week Ahead
36:27 - Prediction
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Пікірлер: 56
On GOLD: If the Russia/Ukraine war has informed anyone paying attention, it is that foreign currency reserves are at risk of being frozen, or worse, seized-they are no longer safe if geopolitical events create increased tensions between nations (or alliances). Gold prices are being driven up by nations seeking to back their national currencies by a tangible asset, not a foreign fiat such as the USD, where transactions can be blocked if that country falls afoul of US interests.
Love this show, great to finally see a guy with so much integrity and intelligence on YT. Thanks so much, Ed!
give this guy Ed a twitter profile link on this vid haha. great insight on the AI companies overlap of directors
Ed could have named a fourth board member at 12:55 - Adam D'Angelo too.
@theProfgShowscottgalloway
25 күн бұрын
Thankyou watch our clips too
7:52 I totally love cash too, just the idea of companies harvesting my habits for their own benefit when I'm paying them to be fiduciaires irks me. Cash is the back door to avoid privacy invasion - and it feels good. It feels really, really good.
“To be mono medium is really hard.” Thanks for the insight.
Ed is smart
@Bryanbkk
Ай бұрын
Meh
Hey Scott! Are you going to the "All In Podcast" summit?
@Dave0Grave
Ай бұрын
doubt it. the all-in hosts have taken multiple pot shots at scott and vice versa. although scott have never mentioned them by name afaik.
Prof G Zoom Backgrounds is the only product that would work.
This week's double standard: buying ByteDance in a heartbeat, but "this discourages the shit out of me, that the wealthiest, most resourced, brightest people in the world are trying to figure out how to f*ck young people and tap into a flaw in our instincts and an absolute blindspot around regulation" 28:06
@golfinguru11
Ай бұрын
I have similar sentiments. It’s a shame, yet I’m unwilling to miss out on the profits by not being a part of it.
@PCavalier
Ай бұрын
The sad truth is most capitalist see the unethical double standards and still charge ahead for the sake of profits. I’ve been dead set against investing in big oil and defense contractors doesn’t mean that when I see some of those stocks hit all time highs I don’t have second thoughts my strategy. 😅
Scott G straight gangsta... luv it
@michaelschneider-
Ай бұрын
+1.. "Luv rolling around in Benjamins"
EDibles
Well regarding Kalshi…how are you going to stop things being fixed, if the bet is big enough. A chain of people can be paid to make it happen?
Scott's take on Tiktok investment would be right in almost any situation except this one, because of one entity: The CCP. The current regime has shown to throw money out the window when it comes to politics, ideology, and ego
Some of us just have gold because its shiny.
I missed out of Meta gains for the same reason 😪
EDIBLES please!!
reshoring is short term inflationary as you have to build duplicated infrastructure. sticky inflation will be the norm for a few years if reshoring trends continue
Prof G Ketamine Centers, make it happen.
We have a lot of younger policymakers in the House, so why not write to them? They probably won't read it, but you can feel better anyway.
"The Walking Dead in Washington D.C...." 😂
Short episode this week
Scott, please keep talking about gold. My position in UGL is looking much better.
Kalshi is gambling but it is also hedging and thus "part investing". Robinhood is investing and gambling. The lines are blurring
When CEOs make predictions about their products (e.g. Elon and robo taxi, self driving, cybertruck range, launch dates, etc.) - he should be forced to put up some money (donation for charity) when he misses these. As it stands, he pays no cost for his blatantly wrong claims but gets all the news/media attention when he makes these outlandish predictions. So he keeps doing it.
deadpool blows
very interesting to put gold in the "survival" dooms day category. I agree.
👌
So ByteDance stock is going down? 🤣
@williamgraycabrera1848
Ай бұрын
Just get ready for that 30% drop now that Scott picked them!
Branded unregulated ketamine😂
Dude Perfect Dumb Money
Virus jumps the lab?!?! Careful. Your gonna get cancelled. Wasn’t it a pangolin????
your product should be to figure out how you can get young men into private equity deals. The laws are loosing and its not as hard now. Not easy, but the timing is now
@kevinbenitez42
Ай бұрын
Your time is up my time is now
"No, I'm not really a rabid genocidal Zionist, I just went to visit the victimization theme park the Zionists built near Gaza." - Scott Galloway
well that joke sucked
@foxooo
Ай бұрын
Ok?
@francisco-id9zg
Ай бұрын
Flew over my head
@vooteimer1234
Ай бұрын
You're here for the joke?
@paxdriver
Ай бұрын
Word, disappointed. That one was totally a last minute thing before recording I guaranty it lol
@chrismartin5870
Ай бұрын
Nevermind.
Your thumbnails are consistently and substantially below the quality of the content that you produce. Who picked the color palette? Anyways, I love your work and loathe your thumbnails.
@lindsayarmstrong8168
Ай бұрын
Interesting! I actually really like the thumbnails and palette. Reads much more professional than the surprised face, pointing finger algorithm feeders that the majority submit to.