High Fee Advisors: "What am I a joke to you?" Michael's Goldfish: "If I could speak the answer would be yes"

@n3wboyzj3rkin

2 жыл бұрын

HIS NAME IS FREDERICK AND YOU SHOW HIM RESPECT

@TYLERSWIFTSWORD

2 жыл бұрын

@@n3wboyzj3rkin DAMN RIGHT

"If you don't have $5,000 in your account, then you can skip this ad." Me: Thank gawd.

@iamagi

2 жыл бұрын

Me neither I always spend almost everything I get. On index funds

@Adam-yu5zj

2 жыл бұрын

When did he say that?

@madbruv

2 жыл бұрын

@Guy Lopez what ads lol, i dont get any

@naleksicc_8902

2 жыл бұрын

just invest in rare fish you will be a millionare in a week

lol wow. Michael destroys everything this guy thought he knew about investments and then kicked his ass in the boxing ring for good measure.

@nicholassunderbruch7131

Жыл бұрын

LMAOOO

I legitimately screamed when I saw that Michael Reeves visited you. It made my entire week sooooo much better and my first thought was “omg I can’t wait to see what Graham has to say about this”

@GrahamStephan

2 жыл бұрын

Yeah!!

@drock430

2 жыл бұрын

Cool story

@user-vi4xy1jw7e

2 жыл бұрын

Doesn't take much to get you excited

@andherium

2 жыл бұрын

Made your entire week ???

@kipth3gr8

2 жыл бұрын

@@andherium y'all don't understand how godlike michael reeves is

“Wallstreet Bets, a place where degenerate gamblers… I mean investors” 🤣🤣

@armandocontreras5078

2 жыл бұрын

Wolf of Wall Street reference

@Lonovavir

2 жыл бұрын

Sometimes there isn't a difference..... okay 90% of the time.

Came for the stock trader malding Stayed for the stock trader malding

I'm failing to see how Michael Reeves "rigged" this. Especially since he doesn't really know as much about investing. Guess I got clickbated...

@dinghe6948

2 жыл бұрын

Basically Michael chose a safe pool of investments that would go even/do better in most circumstances, and the fish chose randomly. It's a fairly safe pool versus Wall Street Bets which will always be crazier cause they pick memes...and depending on how the market, picking a select group out of the whole "relatively safe group" is hedging your bets. Literally. Your risking to get more. From financial perspective, it's relatively rigged. Michael will always basically win, cause memestocks will be crap and it's a bonus incentive if michael looks better cause he doesn't have to beat the nasdaq but it looks better if he does.

@bearoqueiro8905

Жыл бұрын

@@dinghe6948 maybe that should be a lesson to not base your financial decisions based on memes?

@dinghe6948

Жыл бұрын

@@bearoqueiro8905 I mean sure...but also like, I'm not sure what that has to do with my comment? I thought that was just.....known from the start based on the original video.

@mafinalmessagechangedaworl7131

Жыл бұрын

@@bearoqueiro8905 he did this on purpose though😑 like he wanted goldfish to choose

@mafinalmessagechangedaworl7131

Жыл бұрын

@@dinghe6948 yea lmao. I was pretty confused when I saw that comment as well

Great collab, I appreciate all the things you do.

When it comes to investment, diversification is key. That is why I have my interests set on key sectors based on performance and projected growth. They range from the EV sector, renewable energy, Tech and Health.

@emilydavis8321

2 жыл бұрын

The market is so volatile now to be depending on bull run to make profit,I advice everyone to trade now with a working program with like that of Kathy Genelle Britton so far she is helping me find investment that has significant growth potential.

@georgeharold3317

2 жыл бұрын

The market is constantly evolving with newfeatures,trading,opportunities,financial swings with sudden surprises around every corner the best thing is to stay in touch with a professional

@avagarcia6961

2 жыл бұрын

The best strategy to use in trading stock is to trade with a professional who understands the market quite well, that way maximum profit is guaranteed. Because i have learnt along the way of my investment that research and analysis are important, note that experience is more needed than luck when it comes to the stock market.

@stephenwalters2605

2 жыл бұрын

it's really nice to see someone else talk about Kathy Britton, she really has been my guardian angel in the market, helping me recover from the losses i made when i was still trading on my own,her strategies and experience has made my financial journey more fruitful.

@HighTide_808

2 жыл бұрын

Bro we know your a scammer from Nigeria. Stop spamming this crap

With all the editing short cuts, and graphs available to you....you still do a massive amount of research to post these videos. So tHank you very much for the info and the entertainment.

Basically what I got from this video is that I need a pet goldfish to pick stocks for me

@jayshartzer844

2 жыл бұрын

*Cat food futures take a sudden nosedive*

@Lonovavir

2 жыл бұрын

I prefer a stock picking Iguana but to each his or her own.

I love to see Graham analysing and interacting with other creators.

@HighTide_808

2 жыл бұрын

Especially a guy he’s a bout to box

@iwoodbustanut7380

2 жыл бұрын

@@HighTide_808 oh yeah Graham vs Michael

Okay but for real, thank you for putting out content like this, you have helped me out so much the past few years and I don't think I would have viewed money the same way without you. Keep it up! 🤗

@GrahamStephan

2 жыл бұрын

Happy to help!

@vikassharma629

2 жыл бұрын

Haha Graham and "Graham" both replied to you

A lot of people are not sure what risk means to them. Some believe that risk = volatility. Some don't. Some believe risk is permanently losing capital when investing.

I was so close to selling off, I was really confused with the mixed info, Jeremy, Andrei was saying this, Meet Kevin, CGS was saying that, really made me realize how misinforming youtube could be, any idea how to receive genuine investment advice in real time.

@chris-pj7rk

2 жыл бұрын

There are actually a lot of ways to make high yields in a crisis, but such trades are best done under the supervision of Financial advisor.

@bobbygunz9254

2 жыл бұрын

I agree with you on that, With the rate of inflation ravaging Russia and the world at large, the economy is heading towards a severe recession and The best way to find that balance between saving and living is employing the services of a professional.

@LuisVargas-ih5vm

2 жыл бұрын

I agree with you, I was able to outperform the market during this inflation and raise a profit of roughly $200k. Thanks to my coach Nicole Deanne Mckay

@viviangall1786

2 жыл бұрын

@@LuisVargas-ih5vm Out of curiosity I looked up your Coach and I can see she has worked with top notch companies like NEWPORT GROUP SECURITIES, INC.

@LuisVargas-ih5vm

2 жыл бұрын

@@viviangall1786 it's all about finding the right moment to take advantage of and generate colossal ROI which is why you need to do your research.

Hey, I'm glad he mentioned you... I'd forgot I was following you on another channel I no longer use so yay, I'm a new sub!!!

Fantastic explanation! I always knew about the blind-folded monkey, but never understood why it worked. Thanks Graham, that was awesome!

did we see a rolex on an oyster?!? also love the watch you normaly wear and the story behind it.i love the channel and podcast! keep on rockin!

Zach star (math-y channel)'s video about beating the casino goes over a similar concept in statistics that basically even if you are more likely to win a game (or beat the market) if you do lose the game you lose a lot more than you win so that the expected value (what you'd get on average or if you repeated the game infinite times) evens out

I cant wait for the future of fintec investing and the WSB sentiment analysis

Found out about you from the event. Mad respect! I wouldn't step to Reeves, and I'm 6'3 and 400 lbs.

I NEED more Graham Stephan/Michael Reeves crossovers in my life! Two of my favorite creators - can't wait to tune in to your boxing match. My money is on you, Graham!

@hido...

2 жыл бұрын

But Michael has that crackhead strength.

i just watched the fight it was amazing little late on watching it but what a fight proud of u

Great explanation Graham.

the video came up on my yt recs yesterday!

I saw his video first b4 yoz Gram and happy early 420 and tha way u looked when he told u fedrick was a fish was funny

My favorite KZread Collab ever!!

I am literally subscribed to you as of now just for your older content just to let you know

Sorry, I still don't see how Michael 'rigged' his experiment?

@kyle44514

2 жыл бұрын

I assume it's because he invested in a wide variety of "risky" picks in a time when the market was up, therefore improving the likelihood that the returns would be higher than those of the safer investments. I'm not too sure though, I'm not into stocks.

@kage3587

2 жыл бұрын

Because he used a fish to decide the stocks.

@TheDimsh

2 жыл бұрын

From what I understand the fish was given safe bet options that were all likely to go up in price during that period of time.

@nowhereman8168

2 жыл бұрын

@@TheDimsh That's probably what majority of r/wallstreetbets needs to do

@nalu1283

2 жыл бұрын

@@nowhereman8168 but they don't

I love that you preach buying the S&P 500. I would love to hear your opinion about QQQ in a comment or video!

@haroldb6773

2 жыл бұрын

Bro it’s a QQQ. It’s not complicated. Graham will be able to give you a deep explanation of one vs the other

Thanks Graham

Thank you ! This is really enlightening and everything I expected! Awesome

Great explanation

"It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong." - George Soros

The best thing about a Graham Stephan video is the subsequent Andre Jikh video :)

If a monkey “beats” a human 40% of the time, doesn’t that mean it’s really just losing..

@Stroz92

2 жыл бұрын

It means humans are 60% luckier than monkeys

@yesyouareright9800

Жыл бұрын

@@Stroz92 it means that humans are 60% better than monkeys

@Beya045

8 ай бұрын

@@yesyouareright9800 I was just really surprised it wasn’t 100% ☺️

Hey, keep grinding ,stay positive,don’t doubt your abilities. It will all make sense 🤞🏽

@GrahamStephan

2 жыл бұрын

Agreed

Thems is fightin' words.

Financial security through diligent saving and investing should be on top of everyone's priority right now, study what kind of assets you want to Invest in.

@dareadams2669

2 жыл бұрын

Fact!! Use a risk management strategy when trading with hard stop losses and clear targets of when to take your profits. Or just buy ETFs every month for long term, similar to saving but it’s rather boring.

@VernDubin501

2 жыл бұрын

wow! do you think you can give me some advice on how to invest in a healthy way as you are doing? please

@VernDubin501

2 жыл бұрын

@@Wonderfulwill182 checking up her website right now I hope she returns my mail

@drakes.7710

2 жыл бұрын

Silence bot

@alexliberti1389

2 жыл бұрын

@@VernDubin501 invest in FISH

Hey Graham! Audio is ringing at your desk real bad, kinda distracting!

Never even imagined these worlds colliding and I couldn’t be more excited. More colabs please

always like the vid before I even start watching cos I know its gonna be a good vid keep up the hard work love your vids my bro

@GrahamStephan

2 жыл бұрын

Enjoy!

i stil can't believe the fight is a thing that's happening

You should have one of your reef fish face off with Michael Reeves' goldfish and see which fish's stock performance is best in a year

Monkey vs Fish ... who would win?

@GrahamStephan

2 жыл бұрын

Monkey obviously ;)

@rollsroyce1213

2 жыл бұрын

@@GrahamStephan what if the fish was a shark?

@Lonovavir

2 жыл бұрын

@@rollsroyce1213: Then it would be a Megaladon and we'd need Jason Stapham to defeat it.

@W0lfbaneShikaisc00l

2 жыл бұрын

@@rollsroyce1213 Sharks are mammals... they're not fish =P

@joshuaomar2992

2 жыл бұрын

@@W0lfbaneShikaisc00l hate to break this to you but youre wrong.

this is simply a matter of randomness, and how to distribute it. if you have enough resources, distributing randomly has much less risk. more resources allows you to depend on large trends across the entire market instead of random individual stocks. money makes money

I love Michael so this collab was awesome and genius.

I assumed there would be like a financial consultation during the video of Michael Reeves, hopefully it was you.. Then I jumped off my chair when I actually saw you on Michael's video. Great collab!

@GrahamStephan

2 жыл бұрын

Thanks!

Awesome job gram

@GrahamStephan

2 жыл бұрын

Thanks!

@awesomeadamfrom2099

2 жыл бұрын

No problem

This is good video Graham.

just smashed the like button for youtube algorithm ... now i will watch the video ;)

Why aren't you vlogging your training Graham? That I would watch.

Wait, I thought you said you were quitting. Also what stocks should I buy right now that are expecting growth in the next year?

As soon as Michael said he was going to visit someone, i knew it was you!

@GrahamStephan

2 жыл бұрын

Yeah!!

FIGHT!!!

Damn, that's tuff

LETS GOOO! i’ve been a subscriber of both you and Michael and i’ve been waiting for you to react to this!

@GrahamStephan

2 жыл бұрын

Ah you got it!

@electropika7759

2 жыл бұрын

Me too!

@louiecanl

2 жыл бұрын

Ur welcome

great video! thanks graham

@GrahamStephan

2 жыл бұрын

you got it!

8:53-Come on Gram,don't lose faith in the monke! Just wait until the end of the year or until the economy recovers!

Pls talk about watches' ability to be assets

A small potential correction. Company size is a bit shaky as an independent factor... but picking small value stocks appears to carry the risk premium on returns.

@zvxcvxcz

2 жыл бұрын

Oh, but over the long term it seems like the risk does appear to have an edge. At least this is the claim made by Dimensional for their non-market cap weighted small cap value funds based on published research. Their approach seems sound at a cursory look through at least... but if you have a debunk of that approach I would certainly be interested to see it. I'm always a bit leery of a free lunch, even if it is a small free lunch over many years with the cost of higher short term risk tolerance.

So if hedge/mutual funds are consistently outperformed by ETFs with much lower expense ratios - why do people still invest in them? I really feel there is a ton of opportunity to teach people that they’re money can work better and harder somewhere else. Not to profit off of them - just to teach them.

In the olden times, when the WSJ used to print stock prices in the paper every day, people did experiments with darts and other animals. Random number generators can be amazing. And sometimes not.

I like how you always change the thumbnail and title after a few minutes of posting 😂

This was a good vid! Unrelated to todays video topic, I was looking through your old videos and saw your response to Patricia Bright which introduced me to her finance channel which I now also really like! Love when you do stuff like that to highlight other creators it is really awesome!!

Hey would you ever make a video of a factory tour/interview with boxabl?🏠👀 (the one Elon lives in) Their factory should be pretty close to you in Vegas

Great video!

@GrahamStephan

2 жыл бұрын

Thanks!

I love how you guys make multiple videos when you collaborate. The iced coffee was hilarious 😆 next time tell Michael to bring data!

So it simply amplifies the current market direction? So if you could correctly predict bear or bull markets it would beat index funds?

That boxing match is going to be epic lol

Gotta love these crossovers Graham does with other KZreadrs

@GrahamStephan

2 жыл бұрын

I love it!

Im just happy michael posted but pretty intresting video might subscribe

Darn... I was going to go straight to the pet store to get me a gold fish after this video. I guess I'll continue to watch you Gram.🤗

Some one did something similar with a cat, just no automation, and it did just as good as any stock guy

So yeah the point is, the goldfish selected randomly and it worked out. Sounds like good strategy. My takeaway is invest via FISH

oh man... that goldfish video was absolutely amazing!

Graham, thank you for convincing me to buy a Goldfish. I love you :)

Wow. So I'm going to Petco right now.

I wish he had compared the goldfish to a random number generator.

1:33 brutal transition between takes lol

and I loved it

You're goddamned right!

I loved your face from Michael's video when he told you it was a fish LOL

@GrahamStephan

2 жыл бұрын

Hahah

That's Michael Reeves for you! Well done by him 😂😌🌅

I'll give him credit, it's a much better strategy than forcing alibaba down my throat like 90% of all other content creators do..

loool I had my dog choose on a map where I’d buy my first house 😂😂😂

Boxing match? This is news to me!

While a fun experiment, not really a long term strategy.

IMHO, he explained the Efficient Market Hypothesis better than Professor Andrew Lo did in a lecture from fall 1995.

There's a 50/50 chance to beat the market over any period if you are picking randomly right, you either beat the market or you do worse and the market index is the average so its even chances

Michael is gonna hit you with the Stockton Slap during your boxing match for insulting Fredrick lol.

Maybe we should all just spend some time talking to a very smart feller who's name is Jeremy. Profits= the hard work your willing to put into researching companies! also in Peter lynches books he continues to state that the average person can beat the market by carefully choosing his own companies that he believes are undervalued. I do agree that funds like voo should also be used in a persons portfolio.

"The goldfish purchaced stocks" is noot something I thought I'll hear. 😅

Love the vids🔥

@GrahamStephan

2 жыл бұрын

Thanks!

These rates are ruining investing

Well the creator clash certainly went well XD

Frederick should be on the board of Berkshire Hathaway. Orange fish are way underrepresented.

Someone told me that it's the best time to buy because there will be a huge pump soon

@robertmichael1764

2 жыл бұрын

Someone told me that it's the best time to buy because there will be a huge pump soon little purchases is so surprising

@joshuakenneth9332

2 жыл бұрын

I make good income too from bitcoin trading and its been my most reliable source of income at the moment. With profits I've made so far I don't think i can get broke or lack anything.

@johnmark8996

2 жыл бұрын

How do you do it please

It’s also good to pick stuff outside of the stock market. But as for how I invest in stocks it’s whatever people need, gas, food, yada yada, companies that have been around forever, and only dividend paying stocks and so far, so good. Haven’t ever really lost with that strategy.

lol this is the best "trash talk/call out" youtube video before a youtube boxing match ever