SoFi Technologies' Business Model Revisited (2-Year Review)
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- เผยแพร่เมื่อ 2 ต.ค. 2024
- In this video, we go over the last 2 years of SoFi's growth and their change in business strategy to maximize customer growth and monetization.
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Nice overview of the SOFI business lines. I appreciate how you simplified the business and made it easy to digest.
Tannor does a great job for the SoFi community. Agreed. He breaks things down really well. I appreciate the effort these guys put into their DD, and the sharing of said DD with the wider TH-cam community
Personal loans could get us to profitability ahead of expectations. I’m ok with $OFI not selling the loans if profits come with the risk. I think Sofi is more in touch with their customers and limits the risk better.
Thank you Tannor. By the way, don't worry about repeating information; I like hearing it again, helps me retain it, and I often pick up on something I didn't catch the last time.
Great company. Long runway ahead. Rare ‘compounder’. No brainer. Buy and Hold. Don’t sell too early, or you will have to explain to your future self why you failed to create generation wealth - all because you wanted some consumerist junk that you really don’t need, to show everyone how successful, sorry, stupid, you were… (not financial advice)
Well said!
@@futurenvesting Love your work, Tannor. Thanks for your DD on PYPL, too. That was a great debate with Stephen. You guys are putting out some great content. Thank You
Agreed I can't help but laugh at all these morons selling their shares at this price. It's ridiculous
The thing I like most about the SoFi reward point system is the speed at which you get your rewards. If you see an opportunity in the market you can instantly cash out all your reward points and buy a stock with them right away, or you can redeem them into your savings account and get 4% on that money.
Hey Tanner. Love the overview. Long time subscriber. Watch all your SOFI videos and more. Always great DD. From your fellow Torontonian. 🇨🇦
All I know is: $50k+ on leaps
I got some $2.50 25' s several months ago and oh boy they're looking good
@@joshuawoodford7525 nice. I will probably buy the leaps a month before earnings
@@TheSushiandme No sense in buying LEAPS before earnings... If it's an earnings play let it be that, otherwise your going to pay a little more for it. Would be better off buying the leaps a week or so after earnings, or right now to avoid the increase in implied volatility.
@@joshuawoodford7525 ok, thank you for your wisdom. Will do kind sir
This is the best explanation of SoFi I have found
Look into the parallels between SOFI and USAA. Noto has been a member of USAA for over 30 years.
Very aware!
As a fellow SOFI investor from Canada, I have this dilema of investing in a company/service which I am not able to use. How do you handle this ? Also can you please suggest a few opportunities in small caps in Canada ? Ofcouse not financial advice! Just a tip for us to do our own research
@@Stack_Silver Its a bit different because the risk is minimized as its a bag of many. Individual stocks need a lot more personal conviction and experience.
I'm in the UK and i'm 91% sofi ( this is not recommended at all, 3-4% is recommended on this channel ), but when i saw it below book value, at the way the market was, with the growth happening meant I got 90% at average price per share of just over 5$
@@mynameisjonandirock that play's looking pretty good right about now!
Yep the company is growing and I like the trajectory. Holding 5800 shares and preparing to buy the dip.
What do u mean by the deap ?U mean The price will drop down again ?
Damn dude! That’s a lot ! I only have 435, I’ll definitely more if it goes back down to the 5s
@@DreaminBig hope it doesn’t drop to the 5’s again. That’s a 40% drop 😂
@@duttysupra true lol, I’ll buy more at mid 6s for sure.
@@DreaminBig I’m old and out of debt. If your young and investing, you’re ahead of me. I only started hitting it hard in 2020. Looking back on it, it’s easy to see the missed opportunities. I have strong conviction in $OFI and I like the long term outlook. Easy add and hold tight play for me. My add price is $6.16 and below.
Has anyone else seen the recent Wall Street article on Palantir that it is 49% undervalued
Love this breakdown. You should have 1 mil subscribers. Love all your sofi videos.
Thanks Kaylee!
Hey Tanner, first of all, I want to commend you on your exceptional job summarizing vast amounts of information. You were one of the people who inspired me to explore this remarkable company, and as a result, I now own a significant portion of SOFI stocks (45% of my portfolio). Recently, I've started creating videos about SOFI, covering its history and story, as I wanted to share everything I've learned about this company with others. If you have the time, I would be incredibly grateful if you could take a look at those videos and provide me with feedback. Thank you once again for all the valuable information and the fantastic videos you produce!
all you talk is growth grwoth growth. but i wonder whats the competitve environment of the industry? i know the industry is big, but who are the other key players and how SOFI compare to them, market share etc?
@@vivianpoon6086 fun fact, SoFi is a market share gainer in every single product they operate in.
@@futurenvesting of course tehy are gaining market share, but whats their market share in different areas? thank you
Hi, where’s the vid you think sofi will be a million dollar position?
th-cam.com/video/oDKi82Lu7dQ/w-d-xo.html
Absolutely beautiful sum up brother!
Keep up thr amazing work.
Thanks a ton!
Great video. Can't seem to find the follow up video of their other businesses.
Nice
What do you think about Block/Square, that stock seems to have been largely ignored in the recent rally, $4.99B revenue in 1Q '23, which could translate to at least $20B in revenue for the year, yet valued at just $39.6B market cap.
I just recently started looking at this alot too. Also, random stranger on the internet, do you have any opinion on Paypal? I've been looking at that recently too and the valuation seems odd to me.
Always appreciate the content. Question. To go international, will they need a bank charter in each country to expand?
Keep up with the great content!
Well do!
Tannor you and the boys should post on apple podcast!
Another great video!
Glad you like them!
20 EOY
🚀🚀
Thoughts on MBOT?
Never heard of it