"SoFi Will 5x In 5 Years Pretty Easily" Feat. Fin Tek
ฝัง
- เผยแพร่เมื่อ 9 พ.ย. 2024
- Kuran from Fin Tek and I discuss SoFi stock ($SOFI) and why both of us have it as a top 5 holding in our portfolios!
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![“อ.เบียร์ คนตื่นธรรม” มาตามคำเรียกร้อง แหกศาสตร์ฮวงจุ้ย เตือนสติอย่างมงาย | แฉ 7 พ.ย. 67 [1/3]](http://i.ytimg.com/vi/5fc4S3xBNfc/mqdefault.jpg)
Thanks for having me on, Tannor!
I have been a fan of the Fin Tek channel! Glad you had him on👍🏼
Great show guys. You two and Hoeger are the top people that have superb knowledge about SoFi that's not an insider!
Great conversation. thanks. 5X in 5 years is very doable imo. SoFi's roadmap is revolutionary, they're building a financial super-mesh that will connect everything that trades in currency and they're populating this already with growing user-count for the most common services and then continuously integrating additional services that may even operate autonomously eventually providing tailored services for demanding organizations allowing them direct access to their customers and SoFi's gigantic member base. SoFi still lacks some key features like Zelle, wire-transfers and advanced stock trading features etc just to gain parity with existing banks, but that's all in the roadmap. Efficiency is the key for scale, performance and cost-effectiveness and SoFi members will be the beneficiaries which will turbo-charge SoFi's growth.
I’m so glad you both got together, I watch both of you….
Same .
I am so happy to see you together Guys Have a nice day thanks 💟💟
Our pleasure!
Tannor is a legend...great guest too
Tannor, great discussion. Thx!
Thanks for watching Gary!
SoFI a great stock... lead by Anthony Noto...it's going to take 2-3 years outside 2022...and need student loan story to resume in 2024..proof of revenue per quarter..... Thanks
Thx Tannor for interviewing Fin Tek's "Curran?" Is that his name? Good background info provided in this video, on Father's Day, no less. That is dedication!
Kuran*
What’s up heard of you from tj. Love the setup.
Thanks Alex! I hope TJ had positive things to say!
You provide awesome content/information, thanks!
I appreciate that Gonzo!
Great questions and interview! I liked the technique of presenting a perspective but not pushing it onto the interviewee, so both sides were presented and discussed. I completely agree that I like Mr. Noto's low key and levelheaded style, yet he's quick on his feet, and has underlying incredible vision. The whole interview was very interesting and informative, but my favorite part was about marketing, as it's something I hadn't considered. So, at some point SoFi will be able spend on marketing while making money immediately. I don't understand variable profitability of Financial Services, though, how it works. Thanks for the show.
P.S. I would also like Zelle, and I want a good user interface.
This is the dream team!!!
YESSIR
dilution is now more im portant
Ive been invested since IPOE....the reason i havent switched over is because of the lack of Zelle
BINGO!
With markets tumbling, inflation soaring, the Fed imposing large interest-rate hike, while treasury yields are rising rapidly-which means more red ink for portfolios this quarter. How can I profit from the current volatile market, I'm still at a crossroads deciding if to liquidate my $125k bond/stocck portfolio
Great video :)
Thanks TJ!
You two look like brothers 😄
They do!
Very informative. Great job Tannor!
Much appreciated!
He said PE ratio of 30 in the future stock goat says 50 hahah
The bullishness comes in layers😂 I hope yours comes true
P/E ratios could explode to unreasonable levels. I don't expect this to hit past 50 but given the circumstances and dumb money logic we all know P/E ratios can go past 100.
As soon as they get tier 1 options, im outta robinhood so i can have it all at sofi and keep things simple
And you are not alone in that reasoning!
@Future Investing I may be wrong, but a better UX/UI and tier 1 could be huge boost for sofi...I buy/write options and use margin at times and that's money I'll pay to Sofi as soon as they go live. Just a matter of time now..have to think RH potentially seeing sizable outflows if sofi executes
Are you able to discuss their credit loss provisions in an episode?
Now that they’re holding so many personal loans (instead of selling them) they’ll need to set aside much more for loan losses. And not just set aside - it technically flows into their income statement as an expected loss essentially. So while it’s great they’re making nice spread by holding these loans, we’re going to start seeing these provisions have a big effect on balance sheet an income statement. So it would be nice to assess this.
This isn't true, SoFi, unlike other banks does not have provisions as they do fair value accounting, which means they write the loans off in real time instead of front end loading the losses.
@@futurenvesting Why would they do a different method of accounting than other banks if they’re a bank?
I think many Sofi fans will be long term investors if they can figure out how to.
What is the biggest MOAT sofi has (if it does)?
Fully chartered national (fully digital) bank & a fully owned tech stack that helps save on costs are the first big two that I think of. It would be extremely hard to think of other companies/banks that fit into that niche.
Only other company that is as good as Sofi is RDW(Redwire Space). I own both :)
Im not gonna lie: a couple of times I thought you guys were the same dude 😂
No way! 😂
I hope a insider sells a few shares this week.
Will Sofi be bigger than Nu bank?
Likely not, but that doesn't mean you won't make more on SoFi!
I aint waiting 5 years
$80 if Noto can do Sofi top 10
10 bagger for fucking sure
I was down so much money... didn't get to make money on the pop because my CC was ay 6.00 sigh
If Apple goes in the banking so far is done they need to merge with Costco ❤and offer a totally different product
Apple may offer financial products.. they will not "go" into banking. There is regulation that prevents them from doings so.
Robinhood to acquire X1 Inc for $95M in cash
I sure wish share price would pullback to $7.50 this week.
It could possibly dip that low, but you better already have a buy order ready, because i doubt it will be there for very long. I think there will be pretty good support in the $8 range, because for a long time the $8 range was an area of resistance. Once resistance has been broken, as it was recently on very high volume, it tends to start acting as support. That was a very strong move up, and we were overextended and overbought. We were due for a pullback, and those analysts reports were the catalyst for that pullback that we are seeing now.
Can we go to 7 first so I can load up lol
$22 lol without being profitable... Phoenix University?
in 3 years, not his 5 years!
🎉💸💰
He doesn't know why it convinced him... And you filled his lack of understanding.... FI, you flipping stick to numbers!!!!! Numbers,!!! numbers!!! Numbers,!!!! Current reality numbers,!!!¡
SoFi will 5x in 3 years, not 3 years!
I want to add more emojis