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

  • @MelioraCogito
    @MelioraCogitoАй бұрын

    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.

  • @indianajones3315
    @indianajones3315Ай бұрын

    Love this show, great to finally see a guy with so much integrity and intelligence on YT. Thanks so much, Ed!

  • @AlanDuvall
    @AlanDuvallАй бұрын

    give this guy Ed a twitter profile link on this vid haha. great insight on the AI companies overlap of directors

  • @PaulMcCannWebBuilder
    @PaulMcCannWebBuilderАй бұрын

    Ed could have named a fourth board member at 12:55 - Adam D'Angelo too.

  • @theProfgShowscottgalloway

    @theProfgShowscottgalloway

    25 күн бұрын

    Thankyou watch our clips too

  • @paxdriver
    @paxdriverАй бұрын

    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.

  • @Eternalspring22
    @Eternalspring22Ай бұрын

    “To be mono medium is really hard.” Thanks for the insight.

  • @cobraspottedwolf8791
    @cobraspottedwolf8791Ай бұрын

    Ed is smart

  • @Bryanbkk

    @Bryanbkk

    Ай бұрын

    Meh

  • @telluwide5553
    @telluwide5553Ай бұрын

    Hey Scott! Are you going to the "All In Podcast" summit?

  • @Dave0Grave

    @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.

  • @punchdawg
    @punchdawgАй бұрын

    Prof G Zoom Backgrounds is the only product that would work.

  • @chrisarbourdale
    @chrisarbourdaleАй бұрын

    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

    @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

    @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. 😅

  • @efremdedwards
    @efremdedwardsАй бұрын

    Scott G straight gangsta... luv it

  • @michaelschneider-

    @michaelschneider-

    Ай бұрын

    +1.. "Luv rolling around in Benjamins"

  • @cobraspottedwolf8791
    @cobraspottedwolf8791Ай бұрын

    EDibles

  • @alexkatsanos8475
    @alexkatsanos8475Ай бұрын

    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?

  • @valetudo1569
    @valetudo1569Ай бұрын

    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

  • @TheSlayer2080
    @TheSlayer2080Ай бұрын

    Some of us just have gold because its shiny.

  • @malekhakim7436
    @malekhakim7436Ай бұрын

    I missed out of Meta gains for the same reason 😪

  • @johnnyguitar2929
    @johnnyguitar2929Ай бұрын

    EDIBLES please!!

  • @IOFLOOD
    @IOFLOODАй бұрын

    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

  • @rscx2458
    @rscx2458Ай бұрын

    Prof G Ketamine Centers, make it happen.

  • @ericwood3709
    @ericwood3709Ай бұрын

    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.

  • @mariannerady1137
    @mariannerady1137Ай бұрын

    "The Walking Dead in Washington D.C...." 😂

  • @brianmastriano4432
    @brianmastriano4432Ай бұрын

    Short episode this week

  • @stevechance150
    @stevechance150Ай бұрын

    Scott, please keep talking about gold. My position in UGL is looking much better.

  • @AlanDuvall
    @AlanDuvallАй бұрын

    Kalshi is gambling but it is also hedging and thus "part investing". Robinhood is investing and gambling. The lines are blurring

  • @amangine
    @amangineАй бұрын

    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.

  • @crohmer
    @crohmerАй бұрын

    deadpool blows

  • @AlanDuvall
    @AlanDuvallАй бұрын

    very interesting to put gold in the "survival" dooms day category. I agree.

  • @mmm-cake
    @mmm-cakeАй бұрын

    👌

  • @williamgraycabrera1848
    @williamgraycabrera1848Ай бұрын

    So ByteDance stock is going down? 🤣

  • @williamgraycabrera1848

    @williamgraycabrera1848

    Ай бұрын

    Just get ready for that 30% drop now that Scott picked them!

  • @jasonhoman6525
    @jasonhoman6525Ай бұрын

    Branded unregulated ketamine😂

  • @KK-pm7ud
    @KK-pm7udАй бұрын

    Dude Perfect Dumb Money

  • @Ollerismo
    @OllerismoАй бұрын

    Virus jumps the lab?!?! Careful. Your gonna get cancelled. Wasn’t it a pangolin????

  • @AlanDuvall
    @AlanDuvallАй бұрын

    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

    @kevinbenitez42

    Ай бұрын

    Your time is up my time is now

  • @Gkklein
    @GkkleinАй бұрын

    "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

  • @montpelier28
    @montpelier28Ай бұрын

    well that joke sucked

  • @foxooo

    @foxooo

    Ай бұрын

    Ok?

  • @francisco-id9zg

    @francisco-id9zg

    Ай бұрын

    Flew over my head

  • @vooteimer1234

    @vooteimer1234

    Ай бұрын

    You're here for the joke?

  • @paxdriver

    @paxdriver

    Ай бұрын

    Word, disappointed. That one was totally a last minute thing before recording I guaranty it lol

  • @chrismartin5870

    @chrismartin5870

    Ай бұрын

    Nevermind.

  • @thedailyswirl
    @thedailyswirlАй бұрын

    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

    @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.