The lesson here is, don't put faith in a 'CEO' that looks and sounds like a 12 year old dweeb

@hova2781

Жыл бұрын

🤣🤣🤣🤣🤣

@soulreaper9453

Жыл бұрын

also, dont put faith in a generous Dem, or anyone else

@homeontherange733

Жыл бұрын

You should have seen the Microsofts pics in the beginning. You would be commenting on a linux box:)

@aza04a

Жыл бұрын

That’s part of the act, there’s a very conniving person under that guise

@fakewarfakewar

Жыл бұрын

Two meth heads picked up in the streets to front some rich peoples money laundering scheme. I think they might be Epsteined.

She’s more educated than any of us. She went to Hogwarts five times!! Five times!! 😂

@PREDATOR07

Жыл бұрын

Very educated and respectful.😂😂😂

@harryseibert457

Жыл бұрын

Well Harry Potty poop!

@MrBadjohn69

Жыл бұрын

And yet hedge funds invested with her. So who is the stupid one?

@tioswift3676

Жыл бұрын

Jajajajajajajaja 😂😂😂😂

@sabrinagana

Жыл бұрын

Omg 😂😂😂😂😂😂😂

The sheer audacity of SBF and Ellison just stuns me. Most professionals walk around with Imposter Syndrome attacks but these two bucketheads just rolled right through it. Just insane.

@joaocosta3374

Жыл бұрын

They are a protected group. Most likely this is a inside job to give central banks the control back.

@youtubeburr

Жыл бұрын

It’s because theyre tweakers, adderal type drugs are the only way they function

@nicholas_scott

Жыл бұрын

Entitled rich kids. Every interview with Ellison or SBF shows how much they seem to hate being questioned. Both parents are rich college professors. One of them runs a massive shady SuperPAC for the DNC. They will eventually hire image consultants…. And get barely punished

@busydoinnothinn

Жыл бұрын

@@nicholas_scott nope. SBF is going to jail for a long,long time. On the sentencing chart he's at 25 to Life. Ellison might get significant reduced time if she turns on SBF.

@nicholas_scott

Жыл бұрын

@@busydoinnothinn I am now reading that both the parents were heavily involved in FTX. I hope you are right, but I feel like the punishment will be charity work. Or at best, SBF gets time, but all the other crooks walk

You can survive ignorance. You can survive arrogance. But that special mix of ignorance and arrogance is deadly.

@snooganslestat2030

Жыл бұрын

Insufferable.

@ralphpal

Жыл бұрын

Arrogance and stupidity. They should of listen to lando

I’ve scaled Mt. Stupid more than once which is why I recognize the path. It’s called paying your dues. Hopefully I’ve reached a point of education and maturity that I can recognize the path before I take it again. Humility is also a useful skill

@craigfinnegan8534

Жыл бұрын

And I've found that the ability to forgive yourself your weaknesses and mistakes is crucial to developing that humility. Self-forgiveness is the lubricant for learning from your mistakes also - without it you seize up and turn into just another asshole.

@speteydog2260

Жыл бұрын

👍

@dananorth895

Жыл бұрын

Life is the forever school.

@chinmusic2722

Жыл бұрын

@@dananorth895 perfectly stated. 👍

@72matyas33

Жыл бұрын

You are a very humble person!

She´s how I picture the offspring of a forbidden love between siblings for 3 generations in a row!

@pretorious700

Жыл бұрын

Perfect...

@jervey123

Жыл бұрын

exactly, i thought i was the only one who noticed the recessive genes oozing out from this woman's orifices

@angiealphabet5259

Жыл бұрын

🤣🤣🤣💀 nailed it

@5HoH5520

Жыл бұрын

No shit, she looks like she’s part of the royal family

@davemathews7890

Жыл бұрын

No, that's the Royal Family you're talking about. Inbreeding explains their general stupidity and lack of chins.

You only need to look at their families to see that these people are fairly well-connected children of privilege. To pull off a scam of this magnitude involves a level of arrogance typically found in people who don't believe they would ever face consequences. I wouldn't be surprised if the only punishment they receive is a slap on the wrist. Should they pay too harsh of a penalty, they may reveal that FTX's platform was used to facilitate some of the largest money laundering operations in the world. Unfortunately, their lives may be in danger because of this.

@speteydog2260

Жыл бұрын

Agree I think their lives are very much in danger. They are at an all time level … of Stu….

@carltonlambert7608

Жыл бұрын

Spot on. Privileged kids that you can't tell them anything. Even death.

@mchume65

Жыл бұрын

That's why SBF donated so much money to the DNC. They will give him a pass.

@charlesbunting1790

Жыл бұрын

@@mchume65 I'd say thiers a WHOLE lot more to that story than what's bein told

@charlesbunting1790

Жыл бұрын

@mchume65 I aint calling know names but thiers one affiliated with that DNC that that sorta thing would be somethin right up his Alley.

I just find it funny that so many rich and powerful people would invest millions into a company operated by what appears to be just a bunch of juvenile school kids… and it lasted so long, amazing 😂

@bobfg3130

Жыл бұрын

It was also trading crypto. Not a surprise it crashed.

@libhater651

Жыл бұрын

They weren't interested in investing they were using them to laundry tax money by sending it to Ukraine and Ukraine sent it back through this company which then donated it to the DNC which then was passed it along as election fund donations which was spent in this last election. These two kids were nothing more than two easy targets for the DNC to take advantage of and these kids had no idea what they were getting themselves into.

@tjr4459

Жыл бұрын

@@libhater651 the RNC got money too.

@madmax8949

Жыл бұрын

Elizabeth Holmes and Theranos ring a bell?

@dereksbooks

Жыл бұрын

And Kevin O'Leary would STILL invest in Sam.

Wow. She is now running with few hundred millions ? She looks like she is 15 years old.

@NickanM

Жыл бұрын

And thinks like a 15 year old too....

@beginization

Жыл бұрын

The DC democrats will suicide her before she talks.

@androsc1418

Жыл бұрын

Typical 💙

@TURBOMIKEIFY

Жыл бұрын

Over there looking like the dude that said, "Are.... are we the baddies?"

@SaltimusMaximus

Жыл бұрын

they both look like they have special needs

She was my favorite character in "The Hills Have Eyes"

@tobalinac6781

Жыл бұрын

She does look like the human embodiment of a yeast infection.

@jessearias12

Жыл бұрын

😂 dude! 🤣 💀

@kao856

Жыл бұрын

😂

@pretorious700

Жыл бұрын

LOL

@garyspence2128

Жыл бұрын

That's so mean....and I love it!!

The mainstream media presented her as "a math whiz", a "Stanford graduate". BSF was supposed to be a whiz from MIT. He must be "special". Correct? People are supposed to believe the hype coming from such schools. Don't question anything, just believe the hype and follow along.

@Kevin_2435

Жыл бұрын

I have learned to be very skeptical about these wunderkinds. Elizabeth Holmes was also supposed to be the next Steve Jobs. She got a lot of big names on board with her, failed to deliver, lied about it, and got sentenced to 11 years in prison last week. The mainstream media is pretty stupid on a lot of things. Especially crypto. Crypto has always been this ethereal, impossible to define thing. How do you assign value to something that can't be explained in any reasonable way. Securities have value because the companies they represent have assets that are undisputable. Fiat currencies derive value because of the power of government and that government's economy backing it. Crypto has nothing to back it besides hype which is like sand. You keep grasping for it but it will always slip through your fingers.

@steveperreira5850

Жыл бұрын

I myself am well educated as an engineer but when I graduated and went to work and had to practice engineering in a research and development scenario, I found out how little I really knew, so with a humble approach and a commitment to learning and working hard, I Succeeded. Very few are brilliant and capable right out of the box. Certainly not these inbred cretins

@theconstitutionalist6305

Жыл бұрын

@@steveperreira5850 Absolutely! The more one learns, the more one is aware of what he or she doesn't know. Also, experience counts!

@butchworm7793

Жыл бұрын

@@Kevin_2435 This entire generation believes they are wonder kids because they've been told that every day of their lives.

@Kevin_2435

Жыл бұрын

@@butchworm7793 I don't agree. Maybe I'm an older millennial and not so connected with Zs and Alphas. I believe that younger generations are less concerned about our own talents and more concerned about the lack of opportunities available. We are uncertain about our futures because everything outside of our control like tuition rates, housing prices, the political system, and the environment are completely out of control because of the terrible decisions that were made by the leaders of older generations.

Caroline Ellison, who reads _children's books_ and who attends _fantasy role playing_ meet-ups , was in charge of a $31 billion corporation that received stolen client funds and went bankrupt. Who would have thought.

@clintonsmith5163

Жыл бұрын

Some of the best books ever written are children's books. Fantasy role-playing is just a bit of harmless fun. Ellison's problem is that she is incompetent, and probably corrupt as well.

@_jmeg_3436

Жыл бұрын

I'm going to echo what Clinton just said. I don't care about her hobbies/interests. Don't care about her age. Her problem was that she wasn't suited for the role. Period. She was incompetent, essentially.

@marcopolo9446

Жыл бұрын

I heard that it was made to be a ponce's king from the beginning in order to capture cryptocurrency and start to regulate it. Intern people will have no Freedom with what they do with their money. And those are evil sons of b******

@marcopolo9446

Жыл бұрын

Ponzi scheme voice to text

@huntncover

Жыл бұрын

Nothing from nothing leaves nothing - this pipe dream was created out of thin air , and back into thin air it went . Real products , services , and Work is what creates real money . Anything else is fake , fiat , funny money . My suggestion is get a job , even if it's hard . At least you will have something to show for yourself .

She’s high half the time and doesn’t like her own looks, that’s why she has no real confidence and talks about poly relationships and other non sense and trying to relate it to her company.

@pretorious700

Жыл бұрын

Wow, what's not to like? 😍😍😍

Derek, please make more videos about this, it's a gold mine.

@prometheus5700

Жыл бұрын

Agreed. It's rare when you find a particularly unlikable geek having access for doing something particularly despicable. Usually they're harmless and pathetic.

@dertythegrower

Жыл бұрын

especially the huge office political party linked to it all (blue team)

@marcosalazar4682

Жыл бұрын

Make a story about Sam Trabucco. I went to MIT with him and he was a Co-CEO who left in August. Did he know what was up and left the ponzi scheme 6 months ago to spend time with his boat?

@JeffCaplan313

Жыл бұрын

*crypto mine People thinking crypto is gold is how we got into this in the first place!

@solofilmproduction

Жыл бұрын

@@JeffCaplan313 The gold mine is about to run dry....

Her bodylanguage: if I keep my arms tightly crossed no one will know that I'm sweating profusely nor can they attack me and tear the truth from my fragile heart

"He ducked back down the alley With some roly-poly little bat-faced girl All along, along There were incidents and accidents There were hints and allegations" -Paul Simon

@merchernel123

Жыл бұрын

If you'll be my bodyguard I will be your long lost pal...

@craigfinnegan8534

Жыл бұрын

Sorry to interrupt your song, I just wanted to introduce myself: I'm a man of wealth and taste. I held a General's rank when the Blitzkrieg raged and the bodies stank. Pleased to meet you...hope you guess my name.

@tobalinac6781

Жыл бұрын

Hallelujah...

@johnnyboy7538

Жыл бұрын

🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣

@barrysmith5830

Жыл бұрын

bat faced? PERFECT!

Yes! Mt. Stupid is the best way to explain this! I’m a CPA with over 20 years of experience and these young 20 somethings think they deserve a big raise and a corner office as soon as the graduate and pass their CPA exam. They drive me crazy!

@cryptoworldpeace2974

Жыл бұрын

Do you do coaching? I’m relatively new to the field. I’m 25, been in crypto since 2013 but I want to get a job in traditional finance. I know times are tough right now but I gotta get a career that’s actually something I’m passionate about

@Mhh90

Жыл бұрын

Corner office? LOL🤣

@craigfinnegan8534

Жыл бұрын

If you're a child of the seventies like I am, you don't have to be a CPA to see that about modern 20-somethings. You only have to listen to the music these days. All the songs I hear sound like the performer is just making them up as they go along, as though fame comes from singing into a microphone instead of having real talent and truly good songs to sing. Same in the film industry. The new generation is about imitation, not innovation. That's because innovation comes with hard work and meaningful sacrifices, and takes time and deep commitment. The new generation just wants the intoxication alone - the quick fix.

@marieneu264

Жыл бұрын

@@Mhh90 you laugh, but it’s true! They haven’t even learned to use the coffee pot in the office, but the want want they think the deserve.

@marieneu264

Жыл бұрын

@@craigfinnegan8534 these young people don’t even like KZread or the creators on this platform. The videos are too long. The want TikTok and 30 second info and inspiration. It’s just a different time. I want everybody to succeed and have a great career, especially when they’re working at my CPA firm, but I also have to tell them to slow down, know their role, and LEARN the job they were hired for. They want if all without earning a thing.

I can't believe that this kid was handling billions of dollars

@chevy4x466

Жыл бұрын

I lost a couple thousand about five years ago and quickly got screwed out my money. I won’t bore u with the story. It was the price of an education. I stopped investing in the crypto space. I look back now and realize how lucky I am in comparison to today crypto fans. As an aside, I hope they lock that little whore away for life. She is a know it all punk that steals other people money

@xxxs8309

Жыл бұрын

@@chevy4x466 it's ok to lose a bit of money and learn your lesson

@cs-ul1ok

Жыл бұрын

She's not a kid, she is a 29 years old woman who graduated Stanford with a math degree. She sure looks like a kid, maybe because of all the drugs she claimed to use on Twitter.

@xxxs8309

Жыл бұрын

@user-fy2sv3ld8m 29 years old is too young to handle a company of this size,what was her experience before?

@cs-ul1ok

Жыл бұрын

@@xxxs8309 she had literally 0 experience, it sure helped that her daddy was involved in politics

I had a real-life personal experience with Mt Stupid consultant. Before the end of our first 1-hour meeting she was telling us how we were doing everything wrong and even laughed at an employee I supervised. I called her on it right there and she stomped into the bosses office while the rest of us went back to work. She convinced my boss that she knew best and would only continue working there if she never had to speak to me again. The boss agreed. I only heard about things in private after that but two employees (we only have 10) threatened to quit and others were very demoralized. She caused so much trouble and cost my boss so much money that she was let go within 4 months but the boss had to pay her full fee. We got absolutely nothing from her, her ideas, or her work and the boss had to go back out and hire someone new to start over. But she apologized to me and ran future hires by all employees because she didn’t trust her judgement after that.

@ALT-vz3jn

5 ай бұрын

Pretty typical of external consultants. In my experience anyways.

I would like to say that the Dunning-Kreuger chart shown doesn't apply to everyone. Some folks never even start to ascend Mount Stupid. Those are usually the ones who stay quiet and pay attention.

@aabaahgnaarbuulaajaadiijn744

Жыл бұрын

@Mystery D agreed. Also, some people ascend to Mt Stupid and never leave. They stay there, permanently, in all things- it’s just their state of being, to grossly overstate and overestimate their competency and intelligence, as the designation of genius is reserved for only the top It’s like the OK Cupid users - a whopping 46% of men and 30% of women indicated that they believe they are GENIUSES- something that is obviously statistically impossible. And I personally know one of them who repeatedly took Mensa tests and failed every time (9 times, last I checked), but kept rescheduling and retaking them under the assumption that every failure thus far had merely been a fluke and/or that they were being scored wrong every time. Hint: they weren’t. (!!) In all these cases, not only are these folks NOT geniuses, they’re actually so incompetent that they don’t even realize their own ineptitudes. These people ascended up Mt Stupid early in life and permanently reside there, and they are poster children for the Dunning-Kruger Effect. ❤

@Kevin_2435

Жыл бұрын

And some people stay at the top of Mt. Stupid for their entire lives.

@doclime4792

Жыл бұрын

Yeah I can't remember ever feeling like this in college. It's immediately apparent after one trip to the library that you don't know everything. But perhaps it's because my field is very large and old and crypto is new.

@Kevin_2435

Жыл бұрын

@@doclime4792 They don't call them "crypto bros" for no reason. They think they understand crypto in the same way they think they have women figured out to the subatomic level.

@nineteenfortyeight6762

Жыл бұрын

@@Kevin_2435 or men, as the case may be

I remember, when I was much younger, I was almost certain, my English was excellent. The more I learned this language, the more I was sure how little I know it. So in my case this mount stupid diagram was very accurate

Dang stupid and ugly is a tough combo to overcome

@hunkerbunt5174

Жыл бұрын

Hey Elizabeth Warren did it.

@nineteenfortyeight6762

Жыл бұрын

Depends on who your daddy is

@wolfilewis7986

Жыл бұрын

"Yes, I stole the billion. No, I didn't sleep with her!"

@pretorious700

Жыл бұрын

Especially in women

@davebenz8271

Жыл бұрын

She’s beautiful, she’s rich, she’s got huge tracts of land.

This person overwhelms me with grim hopelessness. The fact that she was in charge for more than a day unchallenged killed off every notion i had about human intelligence.

How do people get fooled by this? *Elizabeth Holmes flashbacks intensifies*

@phillhuddleston9445

Жыл бұрын

At least Elizabeth Holmes played the role well, this idiot can't even act the part.

@mikafiltenborg7572

Жыл бұрын

Today: people still invest $$$ in (NKLA) the (hydrogen) scam compagny Nikola Motor, founded by a professional liar and scammer, Trevor Fraud Meltdown Milton. 😁 Some people are born without a 🧠 ....

@Dwightstjohn-fo8ki

Жыл бұрын

11 years in a Federal Country club, out in three or less. Not a bad move if Holmes kept ANY MONEY.

@bigh7777

Жыл бұрын

@@Dwightstjohn-fo8ki Her boyfriend is rich as fuq. That was plan B.

Sam Bankman-Fried was never really successful in the first place. To me, anyone in their 30s living with 9 roommates, sleeping only on couches, and playing videogames while making deals on the phone is essentially a failure regardless of how much money he makes - failure being defined as falling short of one's potential on the inside of oneself, not on the outside. It shows how wrong it is to think in terms of how much money anyone's worth. The only thing that ever really matters is what we're worth as human beings, not as income earners. Sam Bankman-Fried's true worth all along was revealed in the final outcome...bankruptcy.

@kpy1771

Жыл бұрын

Yep, even with money he was a mess. Just look how he shows up to interviews

@danielbell7855

Жыл бұрын

Nah, bro. He was rich and successful he just fucked it up with his greed and corruption. He was lost as soon as he got involved with the Democrats. His parents were liberal as well and we're probably in on it. Never trust a democrat. They love running grifts. The world judges us on how much money we have or how good we look. Notice how everyone is calling her ugly? It's human nature. Men are success objects. Women are beauty objects.

@LoveLife-oo9cz

Жыл бұрын

Dude was lazy and sloppy. He had all the money way more than average person but no management skills. If I were him, first I'd hire a fashion designer or a cooker who cooks healthy food for me. Health is wealth. Dude looks like below average Joe with no common senses. With all the damn money and can't hire right people to do the works for you. That's incompetent.

@ALT-vz3jn

5 ай бұрын

‘The only thing that matters is our worth as human beings’ then why are you criticizing his living choices? They don’t reflect someone’s worth as a human being. You just invalidated your entire comment.

@craigfinnegan8534

5 ай бұрын

@@ALT-vz3jnWhen I wrote "It's our worth as human beings that matters" I meant it's our active affirmation of that worth - making living choices that reflect that worth - that matters. Living choices can connect us to our worth as human beings or disconnect us from it. I agree our essential worth is inherent, but if we disconnect from that essential worth by living empty, immoral lives, then that removes our deeper human worth from the equation. Put more simply, it's not enough to be a good person deep-down - your choices of behavior and direction in life have to back it up, or you're just an employee on the books waiting at home every day for a paycheck that's never going to arrive because you're not doing the work. As an extreme example, Charles Manson had worth as a human being, but we never *got* a human being there, nor did he. We all (including him) just got a psychopath with a Jesus complex.

The dunning kruger effect is why I don't hire developers that call themselves "Full Stack" or that say "Yes I can do that" to everything... Especially when half my questions are designed to get an honest "I can't do that" or "That's a great question, let me do some research and get back to you on that".

@okiedokie1238

Жыл бұрын

As a rookie recruiter, this is comment is gold for me! Thanks!

@paulmayerpiano

Жыл бұрын

Right. Everyone hopes they're a unicorn, but the truth is that most of us are horses.

@okiedokie1238

Жыл бұрын

@@paulmayerpiano Everyone hopes they're a unicorn, most of us are horses, but this chich is Llama.

@WinS392

Жыл бұрын

Most developers I hire are "full stack". It's not particularly uncommon for someone to be good at both frontend and backend web development, though they usually have a tilt towards one or the other.

@HuntedByAFreak72

Жыл бұрын

Getting good at both frontend and backend is not that hard tbh. It's basically the same thing but the only difference is where their code will run.

If they made a movie about how insane all this was I wouldn't believe it

Who REALLY was behind these two kids? That's the real question.

@therearenoshortcuts9868

Жыл бұрын

indeed, this is the real question if the mainstream media is afraid to ask this question, it probably means the government was behind it LOL

@charlesclark7350

Жыл бұрын

The parents are deeply implicated looks like to me.

Caroline Ellison does NOT look like a billionaire's girlfriend. I just don't see her decorating the bow of a yacht in a micro-bikini in the middle of the Mediterranean. Just don't see it. That said, this video brings to life the phrase that 14 year olds are the hardest students to teach...because they already know everything.

@nottoday.9503

Жыл бұрын

Agree with you on all points, but I’ll bet she’s a tiger in the sack.

@garyK.45ACP

Жыл бұрын

@@nottoday.9503 She's a two-bagger, though. A bag over her head and one over mine in case hers falls off! There are plenty of HOT women who are tigers in the sack and you don't even need to be a billionaire to get several of them.

@roygorman6624

Жыл бұрын

We are talking about nerdsville here, no super yacht, they burn fossil fuel, it’s killing any energy that doesn’t come from the sun or wind. They forget about the infrastructure to build all of their pipe dreams and a means to feed them in the mean time.

@garyK.45ACP

Жыл бұрын

@@roygorman6624 We're talking about billionaire hypocrites who couldn't actually care less about climate change. They know you can't change the climate by taxing people. They are just grifting off it, like all the other climate change billionaires flying around in private jets.

@sp123

Жыл бұрын

Most billionaires don't have model looking girlfriends, only the ones who want to be public facing have hot wives

" I'm not like other girls, I'm confortable with risk" *Loses billions in one day and makes crash the company of her boyfriend*

@dereksbooks

Жыл бұрын

Keep in mind that FTX rigged their "exchange" in Alameda's favor with faster trading times and exemption from liquidation, and she STILL failed miserably 🤦

@ccdogpark

Жыл бұрын

These 2 dimwits should be given hard time they should NOT just be confined in some country club for wealthy embezzlers.

@ALT-vz3jn

5 ай бұрын

She wasn’t calling the shots at Alameda - SBF was. That’s why she sounds like she doesn’t know anything. She didn’t make any decisions.

I’ve seen a lot of narcissists set up a permanent camp on mount stupid.

She seems super legit and credible i would totally give her all my money to trade with 😄

@shawnebeal6863

Жыл бұрын

A lot of people did. I wasn’t one

@greyhound7892

Жыл бұрын

Good one

@daveurich5704

Жыл бұрын

😂

@hornetguy9063

Жыл бұрын

“Autocorrelations? Bidirectional LSTM Recurrent Neural Networks? Who cares about that? Buy up everything on 3x leverage and watch that paper roll in”. /sarc

@cannabisoutlawz

Жыл бұрын

@@hornetguy9063 🤣 best comment 🤙

I wouldn't give her a $5 pizza hut token. Who invested in her? 🤦🤦

This FTX scandal is Mount Everest of content. So much to unpack.

@ozmodiar5561

Жыл бұрын

It has everything, intrigue, "love", comedy, horror horror and more horror I mean look at those unsightly creatures

@dertythegrower

Жыл бұрын

especially the party linked to it all (blue team)

@dertythegrower

Жыл бұрын

the political party who gained from it, the most (blue)

@victoriagraham6470

Жыл бұрын

@@ozmodiar5561 Ya, hilarious! I know we shouldn't judge, but come on now look at her!

I was 26 years working in foreign trade businesses. Just from the beginning I realized I knew nothing even if I went to college. In the year 26 there was some relief for me: I knew a little more, it helped me stay in the game, but then I had a better grasp of the vastness of all I didn't know.

"I'm smart enough to know how stupid I am" Is my favorite. :)

@danielcaraga8943

Жыл бұрын

Crapto=Shitcoins!

That's not the real Dunning Krugger effect though. The real effect is much more subtle and it simply says that people tend to err in their judgement on their ability in the direction of the mean. So, a novice overestimates his ability and an expert underestimates his ability. However, the novice generally knows that his ability is less than the mean and the expert knows his ability is greater than the mean.

I heard she was a big Harry Potter fan, I guess that is how she magically made all that money disappear from FTX

In medicine unfortunately this happens frequently, some people learn just enough to become dangerous

I work with a few people who have permanent residences on the top of Mt Stupid

@victoriagraham6470

Жыл бұрын

And they all have business cards that say "Manager"

She is living proof money can’t buy you looks.

The most important thing people can learn in college is to say “I don’t know.” Without bias, saving face, or any other ego getting in the way.

Thannk you! I am amazed how little press she is getting for her massive fail and authorities allowing her to travel. Her passport should have been frozen

@PInk77W1

Жыл бұрын

She’s a Democrat. Ted Kennedy kllld a girl and got in no trouble. Ted Cruz would not be allowed to do that

@snooganslestat2030

Жыл бұрын

@@PInk77W1 in comparison to SBF people are ignoring her culpability.

@PInk77W1

Жыл бұрын

@@snooganslestat2030 he was the ringleader She was the idiot CEO. IF they ever go to trial My guess is she will plead ignorant

@garyspence2128

Жыл бұрын

Teddy Kennedy was drunk as hell, and drove off a bridge. He didn't mean to kill the woman. If it happened to Cruz, you could be certain that he was trying to murder the lady. That's the main difference. Sort of like that South Carolina lawyer who may have killed his wife, son, housekeeper, and a couple of other folks. As well as stealing money from his clients. A real pillar of the community, or so they thought.

Apparently mount stupid pays 100s of millions of dollars. LOL

The most cogent elucidation of this imbroglio I have heard to date. Well done!

@Dwightstjohn-fo8ki

Жыл бұрын

This man's compendium of quotable invectives, so carefully compile, regales me with his axiomatic acumen.

It's both of the.. the misogyny of trying to make her the scapegoat when Sam was also in charge is ridiculous. They were both fowl.

@snooganslestat2030

Жыл бұрын

No one has even come close to making her the scapegoat. Unless you mean SBF & that wasnt misogyny just the usual buck passing. She is extremely culpable in this but that is being ignored.

Thanks for telling me about this Dunning-Kreuger thing. I am gonna tell all my associates about it and impress them with my knowledge of psychology.

@ac1646

Жыл бұрын

🤣🤣🤣

Becoming the DNC's 2nd largest donator was pretty brilliant. Get out of jail cards are expensive but real.

@dertythegrower

Жыл бұрын

Bingo

@dertythegrower

Жыл бұрын

When you are a collab of Bill and Hill... your bad news is 'Clin'Toned down' in the street, if you know you know

@id10t98

Жыл бұрын

Yeah, dont mention the millions they funneled to the GOP Super PAC's and their ilk, just focus on the dems...🤔

@coniccinoc

Жыл бұрын

@@id10t98 Both sides are dirty. I think the Dems got the bulk of the funds simply because they were in charge at the time of the theft. Why hasn't there been any arrests? Why is Maxine Waters, a recipient of these funds in charge of the investigation. This is a scam and innocent people are paying the bill.

@id10t98

Жыл бұрын

@@coniccinoc Why have the people that organized an attempted coup still walking around free, especially when one of them was the wife of a SCOTUS judge? Why? Because the USA is a Banana Republic.

Let's see what gear we need to climb Mt Stupid... -Grappling Hook (overly idealistic plan). -Double-sided Piton (greed and overconfidence). -Rope (time, effort, hope and money misspent). -Boots (low personality). -Sunglasses (cultivated image). -Spandex Outfit (shame covering our humanity).

This was great, brother. I spat my wine at the “He, He, He, He…He He He”. 😂 That’s officially my new ringtone. Blessings!

From what I've read, it wasn't being successful in a bull market. They were front running new issuance of crypto currencies that were about to list on FTX. Which, like fraud is also illegal.

@Dwightstjohn-fo8ki

Жыл бұрын

so basically selling unlicensed products and securities but not even getting NOTICED by the SEC, while in Canada we get the USA setting up an FBI office in WEST VANCOUVER, BC to overlook all the scams on the Van. Stock EXchange!

@GK-wn6ur

Жыл бұрын

@@Dwightstjohn-fo8ki Are there any major Democrat donors in Vancouver?

I know people who have reached that “level of enlightenment” in my field who constantly say “I know enough to be dangerous”… but only when it pertains to something specific within that field. They are geniuses in our collective field but they *recognize*

the first step in becoming a PROFESSIONAL is the realization that no one can know everything and that is why we specialize. However, I do not believe this was ever anything but a con game from the beginning. JBFraud brought people like her in to hold the bag...I suspect he was not prepared for how fast it all collapsed.

@biohazardlnfS

Жыл бұрын

Exactly I feel like people are using this as a way to talk shit about younger people In the workforce. This has nothing to do with people being young, this was an intended scam from the beginning. He did not prepare for the collapse because he assumed his rival wouldn't attack him like he did ( dumping FTT tokens in such a mass amount) onto the market which he was using there rarity to keep the prices high on it to float the rest of the bull shit non cash he had. He had not managed anything or accounted anything because he didn't care, all he thought about was the grift from the beginning. People also seem to ignore all of these well seasoned finicial companies and investors who are older just threw money at them for the oldest trip in the book. They got showed fake results they even sounded shady and didn't even think about it theybjist threw money at it.

@Dwightstjohn-fo8ki

Жыл бұрын

@@biohazardlnfS I'm about the last "conspiracy theorist" you'll ever find but I just read a post that this ENTIRE con was set up to make Crypto "regulated" by "the Man" and I'm beginning to see JUST THAT.

@biohazardlnfS

Жыл бұрын

@@Dwightstjohn-fo8ki Could be something to follow, we all know dam well there is going to be a massive Regulation push now because of this. I was never in crypto but anytime things like this happe s it always effects everyone to some degree

I'll wait until more of the facts are in before deciding how far she has climbed Mt. Stupid. She is right you don't need to know more than elementary school math to trade crypto, stocks, or whatever. The thing is, peasants like me open a brokerage account, put some of our own money in it (which isn't much in my case) then enter an order. What I don't know how to do, is place billion dollar trades using other customers' money. If there is a button to do that on my brokerage account's website, I haven't found it. Maybe I'm stupid. :/

@carltonlambert7608

Жыл бұрын

Your not stupid. The button just isn't there and you need directing to where there is a button to press for those millions. I believe that's all it is.

Froma Harrop nailed it best. She said how crypto preys on younger people's vanity and laziness. It may sound harsh but sometimes that is what's needed.

@snooganslestat2030

Жыл бұрын

Forgot greed.

@Dwightstjohn-fo8ki

Жыл бұрын

@@snooganslestat2030 Crypto reminds me of a "cash" MLM in 1980 that my co-workers all got into: it had all the food group appeals: Against "the Man"; we'll all "stick together" and become rich; no work involved, no "labor", WE "see" the solution while the great unwashed sheeple do not; etc, etc. Same thing. Just add more zero's and the capability of todays tech. reach.

I’m a physician and the dunning Kruger effect is widely drilled into us throughout training and your explanation is spot on 😂. Low key we apply this effect to a lot of new nurse practitioners or physician assistants with a fraction of the training we have

@nineteenfortyeight6762

Жыл бұрын

Ever apply it to yourself?

@dmp608

Жыл бұрын

I'm a seasoned ICU RN and have met many physicians who fit this Dunning Kruger effect. It's frustrating keeping people alive and comfortable with shit orders and handover isn't until morning.

@veseyvonveitinghof9593

Жыл бұрын

...you're humble and proud of it...

@billz727

Жыл бұрын

Lots of triggered NPs and PAs.

@alanswanson5642

Жыл бұрын

You can apply it to new and some old docs too. Experience is the ultimate educator. I take a 10 experienced np,pa, ed or icu nurse over the doc who just got off residency.

SBF has already pointed the finger of blame at Alameda/Caroline Ellison. When the feds finally track her down, she'll probably cut a deal that reduces her time in prison. The other FTX/Alameda principals will do the same, making for some interesting reading in the coming weeks and months.

@ikialyfe2646

Жыл бұрын

And Trabucco is laughing i tell you.

If I was exempt from liquidation I wouldn’t set stop losses either.. Where exactly do I apply for that liquidation exemption??

A face only a mother could love.

IT WOULD BE AWESOME TO MAKE A CHART WITH ALL THE PEOPLE'S NAMES, WHO THEY ARE MARRIED TO AND OTHER CONNECTIONS

@ScottAT

Жыл бұрын

They are members of the Cabal. They are being hunted down as we speak. If they can make it to Brazil or Switzerland there safe.

@tomclayton9881

Жыл бұрын

Dox you mean?

@gratefulguy4130

Жыл бұрын

@@tomclayton9881 that's not what doxxing is. Doxxing is releasing info about where people live, unlisted contact info, etc. These people's spouses are also public figures & therefore such a chart would have nothing to do with doxxing.

@ScottAT

Жыл бұрын

@@tomclayton9881 no I mean they are running for their lives because capture/kill orders were issued for them. They ate in a lot of trouble. When 10,000 Hong Kong citizens commit suicide over FTX, then yes, both sides, especially their own side wants them dead to silence them.

@lw1zfog

Жыл бұрын

tribe members

Anyone who gave this girl or SBF their money deserves to lose all of it

There was a 3 foot long brown trout in this fast flowing mountain river. I couldn't get it to bite my hook, so i bought a fly fishing rod. I spent a day learning how to cast on a small lake. I went fishing for that trout the next day, thinking that because I knew how to cast a fly rod, that I knew how to catch a 15 pound brown trout in a fast stream. Mount stupid hit me very quickly.

3:10 that's it right there. They made sure to leave as little evidence as possible, there is no paper trail, their chat history was being deleted on the daily, they knew exactly what they were doing.

Simon is clever he put her there to take the fall..

I mean yes they look stupid. But they did make and lose 32 billion of our money...so who is on the real Mt stupid

@craigfinnegan8534

Жыл бұрын

As of now, the woman is. Because she's clearly still stupid to run from the law (just like any idiot fleeing in a stolen car with ten cop cars behind them), while the people who invested in her crypto are now all too wise. As a successful business author once wrote (in a book titled Swimming With the Sharks): "When a fool with money meets a con artist with experience, the con artist ends up with the money and the (former) fool ends up with the experience." But in her case, she's going to end up with a prison sentence, not the money

The reason they didn't have stop losses is because they didn't need them . They had immunity to their positions being liquidated on ftx .

I live by a moto everybody has something to teach you no matter how stupid you think they are, it is your job as an intellectual to find out what that is. I have learned some insanely good things from people that most will dismiss as an idiot. In This case I would say the lesson is, don't give your money to someone that giggles after every sentence.

The way I always heard it was a variation of what was said in the video - "A little bit of knowledge is a dangerous thing". Referring to those who know just enough to erroneously think they are experts giving them a false confidence with which they venture out and make arrogantly stupid decisions. And interestingly the reverse effect is true too, true experts often falsely sell themselves short making them susceptible to anyone wanting to play on their self doubt. So you can easily end up with those on mount stupid in charge, as they toot their own horn the loudest. And if you have such self doubt and hear about this effect, you might boost your ego and falsely convince yourself that your self doubt is undeserved and that you are in fact in the latter camp, a true expert, and instantly find yourself on mount stupid because in fact in your case your self doubt was actually well deserved. Know thyself. Not an easy thing to do.

@SmegInThePants

Жыл бұрын

Also it reminds me of a stat I heard once. I was in a motorcycle safety class. The teacher said that according to the statistics of that time, in my state, that the people most likely to die on a motorcycle were the ones who had been riding about a year. Which at first is counter-intuitive. You would think the newbies would be the most likely to get themselves killed. But when considering 'mount stupid' it makes perfect sense. The newbies know they are novices so are extra careful to compensate. The true veterans have a lot of experience and learned some hard lessons and know that some issues of safety just can't be compromised regardless of skill. In between are the people who have been riding just long enough to think they know it all now and can relax don't have to be careful anymore. No idea if these stats are still true today, this was a long time ago, but it seems to fit the bill of the topic at hand.

@craigfinnegan8534

Жыл бұрын

@@SmegInThePants I like your thinking. I thought in terms of motorcycle safety also right from the beginning of the video. Overconfidence is a ruthless coach. But he's ultimately on your side - that's the key to keep learning in spite of all our mistakes. And when DVS mentioned "knowing just enough to be dangerous" I thought of JFK Jr as a pilot, and his many other failed roles in life. He never became the real-deal - he was stuck in Camelot along with his father. As for deciding whether oneself is a true expert or not, just thinking in those terms is a trap. As Kipling put it in his famous poem 'IF,' the right attitude is to treat victory and defeat as equal imposters. That means simply being on a journey of discovery. I've found the striving for status of expert, veteran, wise person or even mature adult is best discarded. I'm not a big fan of religions, but the one thing I admire and envy about true devotees is their humbling themselves to a God instead of trying to become one themself (which is the main reason rich evangelists are so grotesquely phony).

@ronskancke1489

Жыл бұрын

This reminds me of a certain country that was energy independent just years ago and blindly voted for a party that started dismantling it within 6 seconds of taking power . Highest gas prices ever. High inflation, and a open border and then voted for more of it. Kick me, kick me again. Unbelievable.

It was really weird hearing the quote used in this video. I thought I invented it a few years ago while standing outside of a poker room talking with fellow players. My exact words were “The more I know, the more I realize I don’t know.” I was speaking of the complexity of poker and I thought I was the first to think of it. Anyone know the origin?

@craigfinnegan8534

Жыл бұрын

I don't think anyone should claim to be the originator of that realization, because it's timeless and universal, like realizing our mortality.

@HyperWolf

Жыл бұрын

I agree with Craig. It’s a very common thing to go through once you start learning something well. I remember having this realization in middle school after learning some new Greek mythology stuff. I remember being in awe and realizing that the more I learned, the more there was to learn. Almost everyone with any sort of expertise has the thought go through their mind at some point and a lot will say it. It would be incredibly hard to pinpoint the first person recorded to have said it or it’s variations over the centuries and impossible to pinpoint the actual first. Also, you must have gotten really good at poker. I can’t even memorize which cards I’m supposed to be happy about having. Once I do, maybe I’ll think poker is easy for a while until I get over mount stupid. 😂

@craigfinnegan8534

Жыл бұрын

@@HyperWolf Don't be in a hurry to get over Mt Stupid. From a spiritual (vs merely social) point of view, no one is truly going to get beyond Mt Stupid in our lives as inherently imperfect beings. I'm not saying don't strive for greater knowledge and even wisdom, I'm saying that since life can only be a journey, you're already right where you need to be. BTW, if you still have any desire to understand Greek mythology better (and yourself and your loved ones along with it), read "Gods in Everyman" and "Goddesses in Everywoman" by Jean Shinoda-Bolen.

@Mary-tg5ks

Жыл бұрын

Socrates?

@nottoday.9503

Жыл бұрын

Yogi Berra?

Sam: I've transferred 173 million FTT token to Alameda, need that back before Monday morning. Caroline: Got it Emperor! I've leveraged all FTT tokens this morning without stop loss. XD Sam: Wut?..... Caroline: Wut?.... o.O

@nineteenfortyeight6762

Жыл бұрын

No, SHE'S the emperor

🎶On top of Mount Stoopid, all covered in snow.... What happened to bitcoin, where did my money go? 🎶

@craigfinnegan8534

Жыл бұрын

Beautifully sung. Have you ever thought of becoming a professional singer? I'll never forget trying to buy meds for my dog from a UK-based online pharmacy about 5 years ago. They couldn't get insurance for Visa or MasterCard, so I tried paying in Bitcoin. It would have been perfect, but try as I might I couldn't get it to work via 3 different providers. If you suggested back then that I invest in Crypto, I would have just laughed. I only admit to being jealous later on of some of the people living an easy life of luxury on it. But even then I had strong suspicions.

The only problem with DVS videos is that there are too few of them

@Slick-MotherFather

Жыл бұрын

Quality over quantity, maybe that's for the best

I got the impression that most people who placed trust in this duo did so for unflattering reasons made by way of unflattering assumptions. My guess is that this duo is at least half brilliant.

I've just realized how much of Mount Stupid moments in my life I have had🤦🏾‍♂️.

@victoriagraham6470

Жыл бұрын

Me to. And because we've been there, we easily recognize when somebody is on the ride to the top

What happen to the longer videos?

@IvanaKill.

Жыл бұрын

yeah I want to know too

Lol 😂, I could watch this video once a week as laugh therapy for the rest of my life

We’ve all been on Mount Stupid many a humbling times before, and yes that’s why we can easily recognise those who are freshly sitting atop one. Ok back to work now..

'There are known knowns; there are things we know we know. We also know there are known unknowns; that is to say we know there are some things we do not know. But there are also unknown unknowns-the ones we don't know we don't know.' -D. Rumsfeld

About 40 years ago, when I started trading, a wise man once told me "Never confuse a bull market with being a good trader." I've never forgot that. :)

@madmax8949

Жыл бұрын

Was that Lou Mannheim that told you that?

@griffinreitz7041

Жыл бұрын

@@madmax8949 name doesn't sound familiar. I think it was an old boy from Salina KS, with a seat on the Merc. Charlie, something, Anderson maybe ? My brain doesn't work anymore. LOL

Jail is the smallest punishment these guys deserve! ☠️ I bet their mums and dads are all involved as well.

...she proves absolutely that 2 + 2= 5...well done young...lady...

I know everything I need to learn in my field AND I know even more how much motivation I lack to start trying to learn it.

its weird how youtubers are aging

@gratefulguy4130

Жыл бұрын

It's what happens

@WernerRachtman

Жыл бұрын

Dont blame the suit 😂

@iCort3

Жыл бұрын

Wait…what? Aren’t we all aging day by day?

@FirstNameLastName000

Жыл бұрын

the software just had an update

@FirstNameLastName000

Жыл бұрын

the robots will look strange for a while until the human eye adjusts

Wow. The meek truly HAVE inherited the earth.

Thank you for bringing back some of the old Derek pinnace to the new setup. I prefer animated Derek! ❤❤

I'm guessing it's option 2. I've never heard the "mount stupid" term for the D-K curve , I like that !

I know the outcome of FTX is tragic for God knows how many people, but this video made me laugh so hard, just because of the explanation of the D-K graph itself, which is so true it's not even funny. Thanks.

Nice bit on this topic, details no one else has presented.

@Ta2dwitetrash

Жыл бұрын

LMAO. You aren't getting details. You are only hearing 25% of the story. Derek must be buddies with the left. Because he won't even touch any of it. Just like MSM isn't talking about it either. Go look at what Elon has been saying about it.

@DubDTube

Жыл бұрын

​@@Ta2dwitetrash lol where is your video big man?

Some people get 10 years experience, others get 1 year experience ten times.

please enable clipping, or just clip out the dunning kruger part, from 0:43 to 2:13 , because the BEST realistic explanation and feeling EVER so far, from both POVs 👍 impressive man

"University Diploma, don't mean that you got brains!" : Rose Tattoo 1982.

Both of those two look like when you're poor but it's also laundry day

A very good analysis of something I have seen in employees of mine over the years

Love your videos Derek. But, why do you have all those pictures of my parents arguing on your wall?

Without knowing a thing about Caroline, I knew she was a math major.

Well here in America things are finally at Mount Stupid. It really is up to one’s own self to keep fit by exercising and eat right all the while working so one doesn’t become a burden on society. That was my generation but today’s kids there is such a ‘Will and Skill Shortage’ that fentanyl deaths annually exceed 100,000 dead and near double from the Vietnam war of 58,000 between 1965 to 1974 or near 10 years. The #1 issue in our 2022 midterm elections was keeping abortion legal and safe. Women made sure where I live in PA that the new anti-abortion Dem PA Governor, who is clearly mentally unfit after a severe stroke, won and over a Republican doctor MD. Yep, up is down and down is up here in America where we collectively have made it up to the top of Mount Stupid. There is nothing left to do but legalize drug use so when America and future Americans go down the rabbit hole, they can legally self medicate and soften the mirage our government can fix any social problem while destroying American industry at every turn. Our US governments war on fossil fuels use is about as insane as propping up the notion that to fix humanities # 1 existential problem we need to fix the weather by ending all fossil fuels use! The whole reason our population worldwide went from 2 billion to 8 billion in 150 years is due to fossil fuels use. Yet Global balmy due to plant food CO2 is somehow going to end the world. Our lead neurotic VP Al Gore Jr in 1997 predicted the North Pole would be ice free by 2014 if CO2 increases were not stopped. His movie “Inconvenient Truth” about global nonsensical warming is now mandatory viewing in our public grade schools, middle schools and high schools. No wonder home schooling in America has become so popular. The cult of global balmy or warming hysteria is pushed even more than CRT in our public schools. But the planet per NASA satellite imagery is 20 to 30% greener, crop yields double or triple that of the 1960’s. The 1930’s decade still had double or triple worldwide temperatures over 90F or 100F compared to the last 3 so called hottest decades 1990’s to 2020’s. If you believe in this global balmy nonsense than I have some FTX coin to sell you. Are you in? There are so many neurotic Americans today that believe this global warming hysteria now, that the only solution is to have them self medicate as they all go down the Alice and Wonderland rabbit hole.

I’m a 30 yr stockbroker. Had never heard of Mt Stupid. But wow is all this so true!

Homely ? That’s an understatement ! Even with the lights off and the paper bag firmly in place a normal guy would still say no. No, thank you !

@madmax8949

Жыл бұрын

She's a two bagger!

bro how did you not do any of the casey anthony doc that came out a few months ago?

That's why trading has such a bad reputation. Two opinions are floating around: - Money is easy to make. Get a course and be 50% right. - Trading is gambling BTC is the leading cryptocurrency and it is plumming since the end of 2021. Why would anyone invest in crypto anymore? Light-minded people would.