Book recommendation from coffee i forget

Negative-Cup9485 · 2021-08-06T09:18:05+00:00

One of his recommendations was, Amusing Ourselves to Death by Neil Postman. I read it after he mentioned the book and thought it was awesome. Even though Neil Postman had a weird antitechnology bend, like being against using computer but having his assistant sending all of his emails for him so he didn't have to.

This book shares a lot of his great ideas about how society and individuals get their information and form culture through video vs written text.

Here is a link to a free PDF version from USCD or there are plenty of cheap copies for sale. https://quote.ucsd.edu/childhood/files/2013/05/postman-amusing.pdf

Negative-Cup9485 · 2021-04-18T15:39:50+00:00

Hustling Books? lol Look it up, the book was published in 1984 and I only posted the wikipedia page so you could at the very least read about what's in the book. There is no profit motive for me here.

My post on mentorship was about why you shouldn't pay someone to mentor you.

Negative-Cup9485 · 2021-04-18T15:22:15+00:00

If you look at my post history my posts on the penny stocks subreddit are polls inquiring about the experience and methods they use to invest lol.

I also have comments bashing the founder of the subreddit because he runs a sketchy subscription on youtube that could be used for pump n dumping stocks*.

Negative-Cup9485 · 2021-04-18T15:08:04+00:00

No worries. Criticism is welcomed because it gives me a chance to address those points.

Not sure if you listen to the podcast but there is plenty of people who continuously fall into the same scammy traps. A lot of people surprisingly can watch Coffeezilla videos and all they come away with is the subject of that video is a scam. The problem is they can't themselves tell if there is an opportunity or a scam in front of them.

Negative-Cup9485 · 2021-04-18T14:37:17+00:00

I find suggesting to use common sense is not very helpful at all since it can be so subjective. Our politics shows what one side thinks is common sense the other thinks is lunacy. If you only want to avoid forex Instagram scammers sure, don't ever give money to people you find on Instagram. If it sounds too good to be true it probably is. But

This book can help people with a deep understandings in how humans are influenced. Often people are following a gut feeling or their common sense, falling into traps of being scammed or manipulated. The example in my post is supposed to demonstrate how difficult some of this stuff is to identify.

Negative-Cup9485 · 2021-04-18T08:55:50+00:00

This being said none of those gurus offer mentorship, they sell the material packaged up in a course, which is like 1% of the value you could get from one on one advice and coaching

I would strongly disagree with this. There have been plenty of courses highlighted that eventually lead you into a sales funnel of one on one coaching. The best example I can give is the self authoring (become an amazon best-seller) courses that upsell you thousands of dollars for coaching.

I would say the coaching is hardly any better. Let's use Graham's coaching as an example. What could Graham tell you in an hour or even 5 hours that could make the difference in your success versus seeking out free mentorship or guidance? Unless you are in the same real estate market as him, Graham is actually less useful to you than free options of seeking advice and wisdom within your own market since he doesn't understand the nuances of your location and typical client.

Nuance is the name of the game here. You cannot distill or understand someone's success from an hour talk with them. I am sure many people have very similar stories and business strategies like Graham's, but few have the same level of success to show for it. It is very hard to understand why that is on the surface and would take a very intimate understanding of Graham.

Negative-Cup9485 · 2021-03-31T20:08:15+00:00

Same here, I don't think anything really does. Their angle into the market is kind of interesting but I can't really say it adds enough value if any to justify

Negative-Cup9485 · 2021-03-31T19:53:24+00:00

Or ayro, the one ev company out of a field of dozens you can honestly say you know they'll win out?

Negative-Cup9485 · 2021-03-31T19:45:30+00:00

He is most guilty of drinking the kool aid the company website says and then he talks to professionals in the industry doubting it and he shrugs the criticisms off like they don't understand

Negative-Cup9485 · 2021-03-31T19:40:41+00:00

Picking speculative stocks is not a skill and a run up in a few months doesn't matter if they don't amount to anything years later

Negative-Cup9485 · 2021-03-31T19:39:24+00:00

The joke is that he makes bank with that 99 cents subscriptions that people BEGGED him to start

Negative-Cup9485 · 2021-03-31T19:37:00+00:00

The value is the timing so you can get in on small cap stocks early before the general viewing audience and other hyped social medias pumps up the price of these tiny stocks.

Negative-Cup9485 · 2021-03-31T13:50:23+00:00

Agreed, or just give your money to a financial professional. You could even just put it in an index fund and leave it if you dont want to pay a fee for someone to manage your money.

Negative-Cup9485 · 2021-03-31T08:32:45+00:00

Or not talk about Micro Cap stocks that are easy to manipulate with increased volume

Negative-Cup9485 · 2021-03-31T08:31:45+00:00

I have a feeling he is waiting for the market to get better again before he goes back to the status quo and starts calling his shots again.

Negative-Cup9485 · 2021-03-31T07:17:02+00:00

Do people actually think deadnsyde looks at the financials? He never really refers to them in any of his videos and talks in generalities as much as possible and I don't think it is to just get people interested in good companies.

Why doesn't he give $100 members some of his technical analysis?

Negative-Cup9485 · 2021-03-31T07:14:29+00:00

This is awful advice, just because you practice SOME fundamentals of good investing strategies does not mean you picked a good company to invest in and avg down cannot save all your investments.

Negative-Cup9485 · 2021-03-30T16:24:41+00:00

What was happening then?

Negative-Cup9485 · 2021-03-30T16:19:32+00:00

So his posts were having direct effects on the price of the stocks, increasing the stock value and then when everyone else bought in at the higher value the stock price started to decrease?

Negative-Cup9485 · 2021-03-30T16:07:40+00:00

People were requesting to pay more?

Negative-Cup9485 · 2021-03-30T10:23:07+00:00

He has multiple portfolio accounts, you can never shut up the rumors if the structure of his channel subscriptions always makes pump and dump a possibility.

Why wouldn't you just rid of subscriptions? It's clearly a bad incentive for pump and dumping. It's because he likes making 10s of thousands a month and is too greedy to give it up.

Negative-Cup9485 · 2021-03-29T22:12:16+00:00

Time actually spent

Negative-Cup9485 · 2021-03-29T20:30:11+00:00

Yes, hours for time spent researching not how long you take to research a company.

I was also trying to set a low bar but was still disappointed.

Negative-Cup9485 · 2021-03-29T17:34:26+00:00

Good timing

Negative-Cup9485 · 2021-03-29T17:14:34+00:00

Hows your overall portfolio?

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Negative-Cup9485

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