Is Tony Robbins Right About Private Equity?
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- เผยแพร่เมื่อ 28 ก.ย. 2024
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In a recent CNBC interview Tony Robbins extolled the virtues of investing in private equity, arguing that private equity provided high returns - with low risk. Is he right? Should everyone invest in Private Equity?
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This the only un-borring video listed. On months.
Patrick I m in greece Where should I Invest? Can you manage my metallica type material?
Did i see right and Patrick is a pc keyboard snob ? ; )
Did i see right and Patrick is a pc keyboard snob? ; )
"Is Tony Robbins Right About Private Equity?" I don't know what's he's said about it, but I'm pretty sure the answer is going to be: "No."
I can't remember the name of the "law" but there's a rule in media that if a headline asks a question, the answer is almost always no.
@@bipolarminddroppings Betteridge's law of headlines strikes again
The guy has been an inane grifter his whole life.
I watch Tony for motivation, not advice, and he's done nothing but bless my life. Lots of people like this, use them for inspiration to learn and make your own decisions
The guy is snake oil seller
If Patrick uses a standing desk, does he qualify as a stand-up economist?
🥁🔔
HA
😂😂🤣🤣😂😂
Stand up rapper
I am not qualified to judge on Patrick being a stand up economist but he more than qualifies as a stand up bloke who helps me understand subjects that often confuse me and are obscured from simplicity
The last thing a wealthy man wants is competition.
If someone "rich" is selling you a plan to become rich, be assured that he's the one he's trying to make rich.
if there is some trick no one wants it to become known since the trick will vanish by law.
ALWAYS
It's the oldest grifter trick. Buy a load of something and if you're smart, pay someone else to hype it up. All the while act as if you have no intention of selling, to pump the speculative bubble to the max.
If you're dealing with public stocks, make a cartel of some of the biggest investors and keep cornering individual stocks.
Trump University RIP 🪦
It's pretty simple. Work hard, be frugal. Beyond that, give up your morals.
Why does CNBC always seem to have people like Tony Robbins, Sam Bankman-Fried and Elizabeth Holms but never has people like Patrick Boyle or Richard Coffin (The Plain Bagel). CNBC is getting as bad as Fortune's 30 under 30.
Because the truth doesn’t result in profit for CNBC
Scammers make them more money 🤑
CNBC is not a news channel, it’s a marketing channel - pay to play. Actually most of them are marketing channels
@@zurielsss Amen
Easy both Patrick and Richard are extremely boring they will reduce ratings
“The game is indeed rigged but here’s the secret, now available to all for the low low price of…”
Hasn’t robins always been like this?
Yes
The thing is, the game is rigged and even if you know all the secrets, you can't benefit, if you're just a regular Joe.
There are funds which outperform more accessible funds and they have an entry investment of 0.5M per slot.
There are day traders, who will trade for you with your money and take a cut, but you have to let them play with big bucks.
There are people, who will twist legislation, so that your worthless acres in the desert get connected to the city with a four-lane expressway and suddenly you have gated communities to sell.
I've seen people move in position and make a f*ck-ton of money, just because they already had some to begin with.
These idiots like Robbins just scrape the bottom of the barrel and sell worthless standard knowledge to hairdressers and fitness club clerks.
☝️ what they said
Yup, he's a lifelong grifter
Well at least he's not screaming at victims of domestic abuse this time. Just being a waste of money.
Robbins is taking scamming and grifting up to a new level!!!
Only thing seemed to miss were the AI and crypto buzz words. He still has much to learn from the master of the scam, Trump.
@@dlslythgoe666 Trump is only the master of "selling the brand". kinda why the dude will make way more from cashing out of DJT (formerly DWAC) than he's ever made from his own ventures. Remember Trump University? the guy had little to nothing to do with it besides licensing the brand for clout and making a few half-assed videos. same as robins. its all about leveraging a brand.
Motivational speaking is just a more evolved and eloquent iteration of televangelism. “No one ever went broke underestimating the intelligence of the American public.”
@@dlslythgoe666 LOL!!! he is living rent free in your head. TDS???
@@lg169what he doesn't get: Trump is actually the more relatable scam artist, because he does it for himself. Word salad? Not so much.
Could anyone who sends you Tony Robbins videos be rightly called "a friend of mine"?
"Hey, check out this bozo. Lmao."
you know what they say, keep friends close and enemies closer
The closer you are to danger, the further you are from harm...? Could this apply?
@@deltasaves "That doesnt make much sense to me, but then again.. you are very small!"
beat me to it
Robbins is one never ending self promotion.
A few years ago he came to Australia to give a seminar and hundreds of people paid lots of money for a 3 day's of listening to him talk with nothing to show after it except for a much lighter bank balance and burnt feet (firewalking )😢.
If recursion was a person.
A networth of 1,000,000,000+, sounds like his marketing works amazingly. You should take notes, I know I am. 😂
@@ThisisFerrariKhan yes its called manipulation, brainwashing, and control...most humans are dumb useless monkies and highly susceptible ...master human psychology and no limit to riches
When do you start the @@ThisisFerrariKhan firewalking seminar?
Is Tony Robbins right about- No. The answer is no.
Great value Jordan belfort or vice versa
That’s a ridiculous way of thinking, even if true 😂
Guys like him tell you the Sun will rise in the east and surprisingly enough, that day it rise from the west.
@@robymaru03 3/10
He falls into the category of "a busted clock is right twice a day" and that's all the further it goes.
Robbins makes a lot of money with PE, he is also a scammer in my book so who cares.
No, he makes money by selling motivational books and investing other people's money.
@@samsonsoturian6013 You're describing most of the finfluencer industry.
Thats even worse becuase that brand of scam never gets out@@samsonsoturian6013
just one of his many revenue streams and it's far from his most lucrative. He makes the most from speaking engagements.
he aint a scammer. whats up with haters these days XD
read his books grow get strong.
but na stay a male karen XD
I first saw this guy (Tony) at some MLM event my friend had signed up too. Id trust him about as much as the "rich dad poor you" guy who loves to be on TV. Indeed previous performance does not guarantee future success. That fact is handily swept under the rug.
These umm, "men", got rich by selling BS seminars on how to get rich, lol. It is a legal con, plain & simple.
more like '2 billion dollars in debt Dad Poor Dad' amirite?
Rich Dad Poor Dad is a horrible book. Yet so many celebrities and people of note endorsed that book. To the point it will never really go away. There’s a really awesome Podcast about. The podcast is: If Books Could Kill. It’s one of their first ones. They definitely get stuff wrong in their other episodes, but that one was especially wonderful.
His entire book can be summarized like this: don’t buy things you don’t need and invest that money into the stocks or something that yields more money. The rest is just made up stories about a fictional neighbor he creates to tell this story. Rather than giving his father any credit, he just shits on him for simply raising him and not teaching him how to be a millionaire. Where rich dad is fake poor dad is his actual father. Who likely taught he all of this stuff but was too “harsh”. In return he gets a story about a fictional character who is meant to contrast everything about his father. Which is the ultimate fuck you in my opinion.
@@Tasteslikethecolor9 100%. Its heartbreaking to read about people who went to his expensive "workshops", applied his strategy and then go totally bankrupt - breaking up families and causing associated mental health issues that last a lifetime.
@@Tasteslikethecolor9 I read it about 22 years ago and found it insightful. People do all the wrong things when they try to get rich and the cashflow quadrant ? I've always been self reliant and have passive income too, that's my take on it. I trade index options and that is what works
So , basically, Patrick is saying that you can invest in Tony Robbins' suggestion of private equity funding. But you may get your feet burnt.😂
The best way for a professor to teach is to use humor. I love this channel.
I know someone who spent several thousands of dollar to attend one of his self-improvement seminars and laughed when I saw the course material.
ouch, I do not. I just know people who have made their own money their own way and would never bother with a guy like Tony. In fact, he's a pariah in my circles.
The gullibility of people never ceases to amaze.
@@AlexanderTheGoodEnough he's right up there with Dan Pena, Dan Lok, Thai Lopez and Robert Kiyosaki.
I hope it’s his change money. Or it would hurt too much.
@@sunwm2003 people are known to take loans out or max out credit cards to attend. It's very cult like
Patrick's first hip hop dis track directed at Tony Robbins, winter is going to get heated!
Haha! 😂
He's got plenty of dis tracks idk where you've been.
@@bhante1345 imagine the beef
@@butwhytharum oh that's right.
High fees, stuck money, imaginary returns? Where do I sign.
The take-away point is that private equity finance is just gambling, but the chips you're holding may not be be able to be cashed in anytime soon and they may well vapourise before you get them to the cashier.
When private investors want to let public investors in, it is because private money wants to get out.
Tony Robbin’s making 14% on paper - till he tries to cash out.
In the case of low liquidity the investor would simply borrow against the equity position.
This Robbins guy makes the crypto moonboy TH-camrs seem like serious people.
6:50 Wow, that desk is so strong it can hold every employee for one of the biggest rap review channels on TH-cam!
@@trashasaurus yeah but once again....no rap this time
Yesterday, I bought 3 things:
1. Statistics for the trading floor
2. A mousepad
3. A flexispot desk
Today, the author of the book i bought yesterday is advertising the desk i bought yesterday.
I am living in a simulation.
PE is investing in trailer parks all over the country which tells me they are scraping the bottom of the barrel for opportunities. The irony will be when someone has to abandon their home because they can’t afford the lot rent increases imposed by a fund that has been invested in by their own pension.
It's already happening.
th-cam.com/video/wkH1dpr-p_4/w-d-xo.htmlsi=ugp6yeIXN6bAQXqN
This guy looks like a cross between Antony Scarasmucci and Schwarzenegger these days!
And borrowing RFKjr's voice box
For a second there I thought you were talking about Patrick...
Sam Eagle, yes, that eagle.
A basic rule of investing is that you never believe anyone who tells you that they are offering a high rate of return with low risk.
When I see Robert Kiyosaki or Tony Robbin’s I normal tune them out. I view them as shilling clowns. Always trying to get their hands in someone’s pockets.
Yep
Both were very effective. Kiyousaki has his wealth in gold and silver. He borrows against physical metal which owns and uses this borrowing power to develop businesses such as management structures for multi residential properties. He then sells the business on to someone else, keeping the profit from the increased value while offloading the liability of running the actual business. It’s called the greater fool strategy. He only appears on TH-cam to maintain relevance and visibility. Apart from that he is an actual billionaire and dreamers want to pay him to speak. Turns out dreamers money spends the same and everyone else’s
@@theairstig9164 🤣🤣 He sells books and live events. He is a fkng moron and liar along with his clown glasses.
I thought Kiyosaki went bankrupt multiple times?
Your PE funds didn't lose value if you can't sell! *Taps head*
Cerebral 🧠
Some of them also can't lose value because the fund determines the value of its own portfolio.
Patrick's desk modeling skills are epic.
To me Tony Robbins is synonymous to snake oil. Private Equity just happens to be his current window dressing.
It's called fraud and Tony can be charged with it.
"It's not a lie if you believe it's true." SBF
Not likely. He has cover as a "paid spokesperson". He only knows "what he is told" and he is paid to say "what he is told". He doesn't need to think beyond that. Claims he makes are paid for by those "who should know better." It's all on them. Why guys like him love taking their money.
Which is why he will sell you the winning strategy for his heavily marked down rate from what he normally charges fortune 100 leaders (and not use it)
@@whazzat8015 I've seen many bullies play into that by pretending things are true if they benefit from it being so. This lead to very strange gaslighting incidents.
@@AlexanderTheGoodEnough Except he's running the scam
He sales a product that can never deliver but sells the dream, deffenition of a scam.
Excuse me Mr dealer I'd like to buy this car.
Very good sir and how will you be paying for it?
With the car of course.
Excellent choice sir, and here's $10k in addition to the car.
That's how leveraged buy-outs work, except if the car breaks or the person can't make the payments 🤷 who cares not his money it's just some LLC 's.
They do deals like that for cars. You borrow against the car in excess of the purchase price and get cash back. If the payments aren't made, the car gets taken by the bank though.
@@Uruz2012 and you're held personally liable and it F's up your credit if you fail to make payments, unlike leveraged buy-outs where win or lose you get a 10mil bonus.
@PBoyle you are a national, nay, a WORLD treasure. Thank you.
It is utterly facile to say that it is politician's fault for not closing the tax break for private equity. Imagine a politician stands up in Washington or London and proposed changing the rules. About how long would it take for tens of millions of dollars/pounds to flood the offices of other legislators. The game is rigged. You know it. And on the fundamentals, I've worked in finance/law for 35 years and I have yet to see a private equity deal designed to improve a company. These deals are, first and last, designed to transfer money to the private equity management team. Once the host organism has been squeezed to an inch of its life, the bankers move on. These locusts have ruined every industry they have touched, from residential housing to veterinarians.
legislators routinely do stand up and propose tax law changes. But their ideas are just as bad a Lou the meth head's. It is correct to state that tax law is both stupid and the fault of legislative bodies. But is also true to note that tax laws are basically written by lobbyists, not legislators.
If the US Congress was actually able to do anything worthwhile, the fair tax system would have been passed into law decades ago and the whole question of "who is paying" would be settled. But actual tax laws favor some at the expense of others, and the favored group is so large, they could swing elections if finally required to pay income taxes. Ironically, this is not who one thinks it might be. 52% or so of Americans are net tax recipients. And 89% of all income taxes are paid by just 7% of taxpayers according to IRS data. Also, BLS data shows that nearly 47% of US adults are not in the workforce at all--which means that they are not earning income or paying taxes.
We live in welfare/warfare states in the West, and the only way that works is if corporations are taxed minimally and higher income workers maximally.
It depends on the country and the political culture in it. In Finland, it's hard to straight up buy politicians whereas in the US, that is how the game is played every day.
Agree that P is naive when saying PE LBOs are beneficial to society because they improve company efficiency. Read the classic 'Den of Thieves' to understand that PE company takeovers do one thing: Parasitically enrich Wall Street.
@@TimoRutanen They don't have to buy Finland Politician, they just buy the US one and they threaten Findland with reducing NATO's protection if they don't comply with some corporate greed.
I think they’re bleeding pharmacies dry these days.
Leeches who brag about how much blood they can suck out of you.
Tony has scammed alot of money out of my friends family when they lost their mother.
Private equity makes investors feel secure because they don't observe the market value of their portfolio in real time. Another way to achieve the same feeling of security: invest in listed companies, but avoid looking at the value of the portfolio for 10 years.
@BenFelixCSI is taller, he's 6'11, as such, there can only be one conclusion, he's the most qualified of all
And he was the only other finance head other than Patrick posted on the height chart, but he put him at 6'5.
Maybe an in joke for those who know
This is called heightism or beautyism. It’s a thing
I'm just here for the awesome rap. I heard this is a rap channel
Private Equity loves buying stupid companies with dumb names like “Squiggle”
Also crazy companies with names like, “Forsyth County Regional Medical Center”
That's because Black Rock wants to own shares from any and every entity on the planet. You always win a bet when you've bet on everything and everyone
@@silverXnoise lol you're right
Or most of the British high street with juicy pension funds to raid
@@dillasoul2228go read a bit bro why are u spouting these 70iq heuristics
Tony Robbins' next book will be an inside look at the ways in which private equity fund managers are able to use the name recognition of unscrupulous C-list pundits to harvest the disposable income of rubes, in order to offset their own risk in funds that underpay investors.
Ordinarily, this type of information is only available to the ultra-wealthy, but thanks to Tony Robbins, millions of ordinary people may now experience this transformational wealth strategy first hand.
His entire grift has been baffle em with bulls__t to Holiday Inn conference rooms of desperate wanna be millionaires.
Whoever is remotely controlling Tony Robbins’ corpse really needs to stop. It doesn’t look real, it’s extremely unsettling, and it’s highly immoral. Just let him rest in peace.
You should see his wife - she’s 99% plastic.
My wife and I have a theory that there is a secret company that we call the “Jim Henson Industrial Complex”. Frequented by folks like Tony Robins, old rock and rollers and old country music stars. We figure the main base is in Las Vegas with satellite bases in Branson MO and most likely one in Hollywood. 😂
Tony Robbins is revolting and irritating. Idiotic corporations use him to "motivate" their employees (Sears was one of them, so say no more).
Motivational speakers are always BS, but he's one of the worst.
'If you can make it through the fire, you can make it through anything.'
Thirty people had to be treated for burns after walking over hot coals at one of his seminars...that's an interesting way of working out which of your seminar attendees can't make it through anything...
Any headline phrased as a Y:N question can be answered “No”.
Financial advice from Tony Robbins sounds like financial advice from Tony Robbins. And you can quote me on that.
The way you lay this out it sounds like fund managers are trying to unload their dogs onto naive investors.
They maxed the pump, it's time to dump.
That is how the game always ends.
I strongly dislike Tony Robbins.... Lies much he does.
I like inspirational speakers. I don’t like them when their business is designed to milk people out of their money and those people don’t seem to be going anywhere. I think an inspirational speaker is horrible when they start selling financial products like Robbin’s is.
So you... don't like motivational speakers?
If you don't like them when they start selling financial products, wait when they become head of State or President.
I just saw Patrick smiling out loud in that desk demo. Or it could have been a grimace of fear. Whatever, I'm really hoping for some rap this time...
I had to rewatch but you’re right!
@@Private-GtngxNMBKvYzXyPq If the whole trader/professor thing doesn't work out he's definitely got a future on QVC
Private Equity marks their own homework on valuations after stripping businesses of assets and loading them up with debt. The day will come when they can't pretend any more.
That would be the day a well known get rich quick con man becomes a spokesman on major media outlet....so now, right now
It's like if I sold my shoes and reported that as income😅
In addition to that, many of them also tightly control redemptions which is a control on the value of the fund itself. As is typical of this sort of thing, it will eventually "break" in an internal liquidity crisis brought on by being over-leveraged.
With so few clever jokes it seems Patrick must be really angry at Tony!
The dry British wit can only be stretched so far.
@@AlexanderTheGoodEnough Patrick’s wit is Irish, the Englishman’s wit fears him. :)
@@Cedmn0 lol. only things wittier than an irish man is an irish lass who has an eye on you. no words will cut you deeper than when they're "hitting on you".
Maybe Tony himself was enough of a joke for this one.
Robbins is as big of a scam artist as Robert Kiyosaki.
Tom Bileu and Mindvalley Gang. Mel Robbin Gang. Don't forget the lesser Kiyosaki - Dan Lok. All these 'artists' belong to the same TH-cam cohort as that of, one and only, Elon Musk. Lol..I have spent a lot of time on TH-cam.
This post is irrelevant to most people who follow Tony. Following Tony’s earlier advice to leave your wife/ kids and job to find your true calling, most of his disciples will not have the funds to get into PE.
Fools are born everyday.
Fresh blood prints money!😊
Tony Robbins is a cult, that’s it. Back in the day my mother’s friend was going to his “masterclasses” in Moscow. And stayed in the exact same financial situation😂
If he said “Private equity are leeches, sucking the value out of real productive businesses for short-term financial gain at the expense of long-term sustainable economic output, and should be regulated out of existence,” then yeah, I’d say he’s right. But I expect, since it’s Tony Robbins, he actually said “Wipe your mouth and get in the kitchen, woman,”-did he say either of those things?
He didn't say either on TV but that second one he's sure said in his own home, more than once...
What expertise in economics causes you to claim the first to be right?
What expertise in internet comments cause you to reply here?
Lol spot on
😂😂😂😂😂😂@@darthalex97
Spot on. Worked for many PE firms. All the same "blueprints"
Watched my healthy company get bought by PE, replace all the leadership, sell everything, then file for bankruptcy 5 years later.
@@jonas000111 same
@@jonas000111 that's the goal of the serial entrepreneurs
It's called a ponzi scheme
@@jonas000111they weren't healthy if they were willing to take a PE firm's lowball offer. The investors just got what they paid for
Thank you for this private-equity lesson. I have to wonder if Tony Robbins is really selling a particular company, but did not want to name it during his interview. He did come across as a salesman (I won't say used cars), so I have to wonder.
The few remaining voice of reason on the internet.
~ Tony Robbins
Wow! An actual fair assessment of private equity on TH-cam.
29:22, that's a disingenuous criticism to criticism of private equity though. If they're just buying and fixing "inefficiently run firm" people wouldn't have a problem with them. The problem is the definition of "inefficiently run firm" for the financial sector and for the society at large
For example, if a news company is generating worthwhile news while not generating a lot of money for the shareholders, is it "inefficiently run"? For society, it's doing fine, but for people focusing solely on shareholder values, it's not. Also the type of jobs that replaces the lost jobs matters. If the same company loses good reporters but create new jobs for experts in ad-friendly AI content engineers, it's not actually a good thing.
Amen.
@@jr56440 why do you assume it's a "house of cards"? If a company is providing value for the economy (e.g. providing worthy news) while not super maximizing profit or growth, what's actually wrong with it? If the free market ends up closing a working news company or replacing it's content with AI generated slop, is that free market working as it's supposed to? Because it seems like it has just removed value (actual value, not money, which is an abstraction of value) from the economy.
With the over-investment of $2.8 trillion sitting on the sideline earning no money, you essentially have these funds obsessively taking highly leveraged bets to remove “inefficiencies” that intrinsically barely exist. Then the next over-invested fund buys it from them looking to remove more “inefficiencies”. This gutting of these companies destroys what their future customer relationships are, brand loyalty, employee loyalty, and most importantly future revenue growth. When the music stops playing and these leveraged buyouts can’t be flipped for small-modest gains anymore, there will be no way out and these funds will be left holding the bag selling these hollow companies at losses. The exit door is a small mouse hole.
The government and SEC need to get involved in providing stricter rules in accurately reporting PE returns bc the fraud and lack of transparency has created a bubble in this market.
@@jr56440 why do you assume it's a "house of cards"? In a finance-focused lens, something just has to have less monetary valuation than other investment opportunities to be deemed "inefficient".
@jr56440 why do you assume it's a "house of cards"? In a finance-focused lens, something just has to have less monetary valuation than other investment opportunities to be deemed "inefficient".
Lurch has gone full Grant Cardone. 😂
Platinum
Grant cardone does private equity too lol
Seems like Tony Robbins is the kind of guy who watches his own videos and it awakens his little giant within as well.
Schrödinger investment risk. Love it.
So Ben Felix is 3 inches taller than you ? Mmh. At the moment I still don't know how this information is going to impact my futur investment decisions, but it certainly will. 😅
HA.... So this is where Tony resurfaced..
7:48 No tracksuits, a true professional.
Huh?
I went from not knowing who this is to being throttled with bile at the thought of him thanks
... I'm tired of trying to figure exactly how I'm getting screwed. It's enough to know I am. I want names, please.
Ben Felix at 6' 5" LMAO
A real opportunity was lost of showing Jeff Bezos eating an Iguana
The second part of what Tony says sounds like he wants you to buy the companies that issues the PE funds.
Tony Robbins. If Sylvester Stallone and Arnold Schwarzenegger had a baby. lol.
Schrodinger's bowls - amusng
Don't walk away from private equity investing - run. I have half of my retirement investments in private equity; one company has lost all its money due to embezzlement, another hasn't provided a return in over five years (and is a half step away from bankruptcy), and the third has provided meager returns occasionally, but we'll all be able to cash out soon. "Soon" has been about to happen for over five years, too. All this while charging me $157.50 per year to not do anything for me, including answering my calls and emails.
Seems Jim Cramer missed an opportunity.
When Cramer gets on board, then you will know the crash is coming in a month.
Wow, thorough and insightful research !!
Warren Buffet says private equity guys are calculate returns he doesn't consider honest. PE mgrs also skim off the top the middle and the bottom. They never lose even if customers do.
I have never understood the attraction of Tony Robbins. Everything that comes out his mouth is nonsense. But he is fascinating on an anthropological and sociopolitical level.
Never had a god gut feeling about that guy. Reminds me of a carnival hustler or snake oil salesman.
There are some private businesses that make a ton of money - but these are not the companies that end up getting purchased by PE because they don’t need the money.
I love your videos despise having zero connection to investing or the finance world. I lowkey barely know what a stock is and still do not understand crypto at all (what do you mean you have to use the same amount of power as a small country to mine for it?? It's not real?!? Just type the numbers on the screen!??) but I still watch. I feel slightly less financially illiterate after each video
2:50 LOL, it's that Ben Felix next to Tony 😂
I think it is! Ben Felix is actually 6 11" tall. He played college ball. Look it up. It's crazy.
This rap channel now produces music about scammers. This is a relatively easy target, but at least the beat is awesome 😎
You 100% nailed the IRR goose-ing that goes on in PE
Tony is right this time -- search for a unionized public sector job where your pension plan can invest in private equity. It worked for me I retired in my fifties and now just watch rap music channels.
Like this one?
It’s always the rap music that brings us back.
I hope you’re joking
This dude was never a financial influencer now all of a sudden he’s a P.E expert. 😂
Bigger question: Is Tony Robbins right about anything?
And for every person you referred and invested in, you get +1%. And for every person that peraon referred and invested in, you get +1%. 😂🔺
IMO private equity is a cancer that is killing middle class jobs.
Tony even overshadows Ben Felix! wow..that height comparison is so funny!
Nah, Ben Felix is 6'11". This channel's integrity has been compromised by misreporting his height I'm afraid.
@@pjx9 Very disappointed that Patrick would understate Ben's height like this. What's next? He's going to claim Biggie dropped better bars than Tupac??? Concerning
Boyle always delivers
I listen to Tony Robbins when I want to feel unstoppable, and Patrick Boyle when I want to stop myself from making bad financial decisions.
Very informative. Thank you, Patrick.
When they start pitching it to the proles, it's time to get OUT. The money's been made already.
Tremendously pleased to see Asness's "volatility laundering" brought into the PE discussion again @ 19:50
Sounds like we have a Patrick vs. Tony beef kicking off here. 😲
This is a great explanation of an important topic...thx Paddy 'ol boy.
How about a similar post on the $35T US Nat'l debt?
Must be the latest grift. There's this other loser I was getting ads from on launching your own private equity fund. Load of horseshit
So, my understanding of Tony Robbins he is basically the equivalent of the shoeshine boy near Wall Street who was giving stock tips in early September 1929, assuring everyone that they would double their money in no time? I think I will pass. Oh Patrick, by the way, we are the same height.
Tony Robbins is biggest conman of our era...
6' 7" ... probably the biggest of all time