Before The Mets, Steve Cohen Was The Hedge-Fund King (full documentary) | FRONTLINE

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  • Опубліковано 30 січ 2025

КОМЕНТАРІ • 3,6 тис.

  • @GeorgeGoodman-y6o
    @GeorgeGoodman-y6o 14 днів тому +475

    Steve Cohen made billions on inside trading and he’s considered a great investor. To be a Smart investor you need a group of experts.

    • @MarkRinaldi-b6w
      @MarkRinaldi-b6w 12 днів тому

      I've always considered it best to seek the services of a financial expert to deal with my stock trading and investment.

    • @PascalRoss-y1i
      @PascalRoss-y1i 12 днів тому +1

      How do I gain more knowledge and financial literacy and transitioning from a Demo trading to being a real market trader ?

    • @GeorgeGoodman-y6o
      @GeorgeGoodman-y6o 12 днів тому +1

      I encountered many losses when I initially, attempted to predict real market signals, till I employ the services of a CFA, and a financial expert to manage my portfolio.

    • @EarlingBrooks
      @EarlingBrooks 12 днів тому

      Who is this CFA, and how can I reach out to him? I'm in need of their expertise.

    • @GeorgeGoodman-y6o
      @GeorgeGoodman-y6o 12 днів тому

      Michelle Chang Nelson

  • @letsrelaxwithtexts2114
    @letsrelaxwithtexts2114 3 роки тому +63

    Pbs deep voice narrator is the best of all time... brings so much great memories

  • @robertneighbors3520
    @robertneighbors3520 Рік тому +109

    When the Gov't indicted Steve Cohen, he contacted several law firms and had no less than 10 of the top lawyers show up in court. He was determined to show the US Govt that if they wanted to try to bring him down - - it was going to be the most expensive legal case they ever encountered. Instead, the Gov't choked out, they cowarded out, they settled for a huge chunk of his fortune instead of prison time. So, Steve Cohen walked. At least 2 of his underlings did prison time.

    • @thievingpanda
      @thievingpanda Рік тому +18

      Supposedly Matthew Martoma was set up with a nice little offshore trust as a thank you for not flipping on Cohen.

    • @jswats92
      @jswats92 11 місяців тому +1

      Smart move overall for both

    • @FrankLukasJr-gk5vw
      @FrankLukasJr-gk5vw 9 місяців тому +8

      Thats the way it has always worked and still works....

    • @andyp899
      @andyp899 4 місяці тому +1

      @@FrankLukasJr-gk5vwCool. Still wrong.

    • @CJBroonie
      @CJBroonie 3 місяці тому +4

      Not only wrong, it’s despicable. We rely on the DOJ to not be afraid of long cases regardless of the cost. What politics were involved in letting Steve Cohen go. He should be in jail, period.

  • @MatCendana
    @MatCendana 2 роки тому +405

    Most people now take videos like this for granted. But a few decades ago, we who live outside the US don't have access to something like this. Definitely not on free TV.
    Thankful for these PBS channels, with old school journalism where a lot of hard work went into the production of episodes.
    --Petaling Jaya, Malaysia.

    • @skuttle7107
      @skuttle7107 2 роки тому +9

      Agreed. Currently in university for Business Law, and there were a lot of little things I was surprised about how in depth the documentary went into. PBS is a godsend

    • @jazreacts587
      @jazreacts587 2 роки тому +2

      Speak for yourself. As for access, that's definitely not my problem.. maybe you need to know someone much closer to the action aye. Just saying 🤣

    • @anonymousdonor8084
      @anonymousdonor8084 2 роки тому

      Better off without it. PBS is a leftist organization. Blue journalists.

    • @dianaboyer683
      @dianaboyer683 2 роки тому +1

      True True and so True. Thank you!!!!!!

    • @Isawwhatyoudid
      @Isawwhatyoudid 2 роки тому

      The bad guys (The GOP) want to defund PBS.

  • @tommykincaid3267
    @tommykincaid3267 3 роки тому +1111

    Frontline is without a doubt the best in-depth journalism in media today. It's pretty refreshing.

    • @pauleohl
      @pauleohl 3 роки тому +24

      You must realize that this story is 7 years old.

    • @jonathankenjihaag926
      @jonathankenjihaag926 3 роки тому +13

      About the last real journalism without a preconceived idea

    • @Mark-gg6iy
      @Mark-gg6iy 3 роки тому +12

      "Fake news"- Donald trump

    • @letsgobrandon416
      @letsgobrandon416 3 роки тому +21

      I mean, if you count not breaking any stories and telling a very watered down and biased version of events after everything has already been exposed, then sure. Where is Frontline in 2021 exposing how the same crap is still going on and nothing has changed? Oh wait that requires work.

    • @GordonFreemayne
      @GordonFreemayne 3 роки тому

      Always refreshing. Although, they do interview Steve Bannon and Sebastian Gorka too much. What leftist media figures have they presented on? Slavoj Zižek? The furthest left they reach (for commentary) is Yamiche Alcindor. They've never even mentioned Jacobin magazine, but they have mentioned Breitbart.

  • @MarkLeonard-xn8zs
    @MarkLeonard-xn8zs 10 місяців тому +706

    On the Dow Jones index, only seven stocks gained on Thursday. Apple (AAPL)and Microsoft(MSFT) rose, as did Visa (V)Microsoft and Visa are rebounding from their 10-week moving averages.Meanwhile, Tesla (TSLA) fell 5% on the stock market today. Shares are extending a downtrend. I have over $320k in stocks. Currently, my portfolio is down by 15%. Wondering if there are any short term opportunities I can invest in.

    • @SmithJones-yx1ut
      @SmithJones-yx1ut 10 місяців тому +5

      A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $450k.

    • @SmithJones-yx1ut
      @SmithJones-yx1ut 10 місяців тому +5

      'Tenley Megan Amerson' is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

    • @Williamsmthe
      @Williamsmthe 10 місяців тому +4

      She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.

    • @1_shortnote
      @1_shortnote 9 місяців тому +32

      SCAMMERS, PEOPLE DONT FALL FOR HTESE GROUP OF PEOPLE COMMENTING UNDER THEMSELVES. LIKE ITS NOT JUST ONE PERSON DOING SLL OF THAT TO LURE PEOPLE TO THIER PRIVATE PLATFOR AND SCAM THEM LYING THEY TRYING TO HELP.

    • @johncooksey79
      @johncooksey79 7 місяців тому

      5.4 percent on some certificate of deposits, 6 pewrcent on corporate bonds.

  • @shortbenjamin
    @shortbenjamin 3 роки тому +496

    "the criminal negligence laws that cover some industries do not apply to finance." - I literally spat out water when I heard that

    • @BearWolf_1723
      @BearWolf_1723 3 роки тому +19

      Laws come from where? Exactly! They should be made to public awareness. Read between the lines. (Capital Hill)

    • @tonyglock6161
      @tonyglock6161 3 роки тому +5

      So, this isn't directly inversely proportional, but I don't need Michelle Obama setting a cap of how much I can spend at Walmart

    • @annaldwhigg6870
      @annaldwhigg6870 3 роки тому +32

      @@tonyglock6161 WTF

    • @NoToBigBro
      @NoToBigBro 3 роки тому +24

      I assure you, investment professionals have to abide by significantly more strict legal and ethical rules than 99% of the industries out there. Don't watch one or two videos about one/two person/firm and assume this is everyone in the investment industry. If doctors had to live by same rules as investors, 75% would lose their jobs and 50% would be in prison. Same goes for politicians.

    • @texaware1019
      @texaware1019 3 роки тому +9

      Usually have to sign an arbitration agreement when opening an account. The firm is basically indemnified from anything and everything except gross negligence which is tough to prove. The investor takes the risk and enters into the contract voluntarily for personal gain.

  • @traviscoates6878
    @traviscoates6878 2 роки тому +150

    I have zero confidence in the SEC to ever come close to stopping insider trading

    • @LJ-ht4zs
      @LJ-ht4zs 2 роки тому +16

      We need to change the law that allows for willful negligence that Cohen claimed - after 30 + years in the business does not know the law re. insider trading. An act of Congress has to change the law. But since Congress is paid off by these people guess what... we need to stop letting lobbyists pay off our politicians. We have a totally corrupt system no matter who is in, Dems or Repubs. Some might be ok, but they are in the minority.

    • @Matt-cr4vv
      @Matt-cr4vv Рік тому

      The SEC as a civil agency will never stop it. Even with Cohen where they shut him down and he paid a gigantic fine he still made more than what he paid. He reopened and the fund manages way more than it did before being shut down. When your punishment is fines it’s simply a cost of doing business.

    • @markspencer171
      @markspencer171 Рік тому

      HAHAHAHAAH.
      As if the entire of Wall Street and the Biden Government is not corrupt. But they need to pin it on one guy to make them feel good about themselves and trick you into thinking "we got the bad guy". You took the bait.

    • @davidcooper177
      @davidcooper177 Рік тому +1

      Incompetent

    • @dunnywatson2186
      @dunnywatson2186 7 місяців тому +6

      Without insider trading hedge funds would never be as successful as they are

  • @Willmakeit-
    @Willmakeit- 9 місяців тому +432

    I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.

    • @Willmakeit-
      @Willmakeit- 9 місяців тому

      @Susanne-Helle That's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well

    • @Willmakeit-
      @Willmakeit- 9 місяців тому

      @Susanne-Helle I will give this a look, thanks a bunch for sharing.

    • @michaelman4473
      @michaelman4473 9 місяців тому +5

      Inflation has nothing to do with the legend. Not sure why you're making your case here

    • @1_shortnote
      @1_shortnote 9 місяців тому +22

      SCAMMERS, PEOPLE DONT FALL FOR HTESE GROUP OF PEOPLE COMMENTING UNDER THEMSELVES. LIKE ITS NOT JUST ONE PERSON DOING SLL OF THAT TO LURE PEOPLE TO THIER PRIVATE PLATFOR AND SCAM THEM LYING THEY TRYING TO HELP.

    • @kingsboro6704
      @kingsboro6704 8 місяців тому +1

      i seen this same comment on another video what are you copy and pasting lol

  • @alexandrearquembourg7203
    @alexandrearquembourg7203 3 роки тому +1182

    That was great journalism. The fact that that Winnie woman got 4 years, but the trader asking her information is not in prison yet is beyond disgusting.

    • @skribe
      @skribe 3 роки тому +83

      forreal, mindy got lobsters, the trader made millions and shes in jail smh

    • @newyorkcity76
      @newyorkcity76 3 роки тому +61

      Yea powerful people nothing happen to them

    • @adonis8289
      @adonis8289 3 роки тому +13

      She was dumb and lazy and deserved it. She knew what she was doing was wrong but she still did it. If she was a smart criminal she would have set up her own under the table trading company and fed them info in a stealthy fashion. Even small time Crack dealers know to never use phones. She got more time because she was a distributor of info.

    • @somnuswaltz5586
      @somnuswaltz5586 3 роки тому +8

      Lol sticking up for that criminal woman.... go look up pictures of her, look at her mugshot, and then come back here and tell me you still think she was wronged for getting 4 years 🤣🤣🤣 she's not that pretty you noob mong

    • @bernardjacobs518
      @bernardjacobs518 3 роки тому +1

      @@newyorkcity76oo

  • @phpn99
    @phpn99 3 роки тому +78

    Whether you vote Dems or GOP, none of this will change. There is no difference between insider trading and embezzlement ; yet these guys usually escape scot free. Wall Street owns US policy. And who owns Wall Street ?

    • @robcormier210
      @robcormier210 3 роки тому +13

      I would venture to say that these guys definitely prefer a GOP govt, but are able to manipulate either political party for sure.

    • @Nottotv
      @Nottotv 3 роки тому +4

      Instead of being brainwash to fight democrats these trump people should be looking at hedgfunds who are destroying society. Wouldn't surprise me if they were behind releasing covid-19 into society.

    • @Nottotv
      @Nottotv 3 роки тому +4

      We all know who owns wall street and sakler pharmaceutical but they also control the law and judges so we'll even get prosecuted for even making this obvious comment.

    • @moonsaves
      @moonsaves 3 роки тому +2

      @@robcormier210 For real. As much as the whole "both sides are as bad as each other" narrative gets pushed, they 100% would prefer a GOP government, because time after time it means they don't have to pay as much in taxes and get better subsidisation.

    • @Markdfadf
      @Markdfadf 3 роки тому +1

      Except there is a huge difference. Embezzlement is fraud and has victims. Insider trading literally has no victim and society benefits from more accurate prices.

  • @JoshuaKerr-m4u
    @JoshuaKerr-m4u Місяць тому +1147

    There are lots of mixed opinions about stocks and there projection in the next coming years, I aim for short term solid gains from market correction and I'd definitely jump on the boat if I knew a thing or two about day-trading. I'm just looking for the right moves to grow and hedge my stagnant reserve of $490k from inflation.

    • @DesireeJames-q1z
      @DesireeJames-q1z Місяць тому +2

      Keep your focus on two primary goals. To start, protect yourself by understanding when to sell stocks to minimise losses and optimise gains. Second, prepare to profit from shifts in the market. I suggest seeking counsel from a financial consultant or other expert.

    • @Bridget-l7p
      @Bridget-l7p Місяць тому +3

      A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.

    • @SarahTaylor_
      @SarahTaylor_ Місяць тому +3

      i'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?

    • @Bridget-l7p
      @Bridget-l7p Місяць тому +1

      "Laurelyn Gross Pohlmeier," a well-known authority in this field. I would recommend looking into her credentials more because she has a great deal of expertise and is a great resource for anybody looking for advice on how to navigate the financial market.

    • @DavidLucas-so8rr
      @DavidLucas-so8rr Місяць тому +1

      Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

  • @xmen9916
    @xmen9916 3 роки тому +429

    Steve Cohen made billions on inside trading and he’s considered a great investor. I’ll be a great investor too having all the info ahead of time.

    • @theDARKSTEP
      @theDARKSTEP 3 роки тому +7

      If you are good at anything and are a leader people will be there to work with you. Markets aren't manipulated. They are exploiters of legal weakness in a market. These things are big deep icebergs of understanding. I suggest if you don't know how it works to remove bias. He has donated Millions to people. He has made people careers and created lots of jobs. People paid taxes He paid fines. He paid his fee and is not considered a criminal.. dont hate the player just like a lot of people don't hate "popular" people and just send them info hoping to be a part of something. What is legal or not is extremely deep. If your friend said buy bitcoin and you trusted him, would you? is that illegal? look up and show me the laws and I will say, yes or no. Cohen "escaped criminal indictment himself despite being the living, breathing heart of S.A.C. Capital," but Dr. Sidney Gilman, the star prosecution witness against Martoma, testified that FBI agents told him that Cohen was the investigation's ultimate target.

    • @maanavchellani7115
      @maanavchellani7115 3 роки тому +21

      Nancy Pelosi is also a phenomenal investor!

    • @davidwilson1692
      @davidwilson1692 3 роки тому +5

      @@maanavchellani7115 lmfao

    • @theDARKSTEP
      @theDARKSTEP 3 роки тому +5

      @Sheerluck Holmes That is true, I am not saying he is a hero, I am saying he is a sort of anti hero. But if you see the tests, like the 65, 7 or any. the regulations get more and more complicated. I.E what is a conflict of interest that would be described as (insert specifics). with series of answers, a b c d or all of the above you may select any amount of correct answers. when those answers are more specific I think you'll understand my point. ,

    • @jimmythompson9677
      @jimmythompson9677 3 роки тому +7

      Exactly well said lol. We'd all be great investors too.

  • @JohnAranita
    @JohnAranita 3 роки тому +63

    This is one of my very favorite PBS DVD documentaries.

  • @MongesitheHeyvantile
    @MongesitheHeyvantile 6 місяців тому

    Just became a member of your VIP group, and I'm so excited to learn from the best in the business. Thank you for this incredible opportunity!

  • @XTen1000DaysX
    @XTen1000DaysX 3 роки тому +55

    This is gonna be a banger! More finance ones frontline! 🍿

    • @somnuswaltz5586
      @somnuswaltz5586 3 роки тому

      This episode has been out for many years........

    • @XTen1000DaysX
      @XTen1000DaysX 3 роки тому +2

      @@somnuswaltz5586 well to some of us it's new

    • @ocimak
      @ocimak 3 роки тому

      @@XTen1000DaysX check out the book black edge. It goes into this story in further detail. It’s great. Matthew martoma gets sentenced. Whether he flips on cohen. His real name isn’t even Matthew. It’s good!

    • @XTen1000DaysX
      @XTen1000DaysX 3 роки тому

      @@ocimak i have read that book. I finished half of it atleast, good book

  • @samspade436
    @samspade436 3 роки тому +14

    For real reporting! No news media compares to Frontline!!!

  • @joelamthach5812
    @joelamthach5812 3 місяці тому +1

    Always the best documentary and investigative report!!! Thank you Frontline!!!!

  • @billymark7125
    @billymark7125 Рік тому +47

    Every family has that one person who will break the family financial struggles, I hope you become the one. Amen

    • @annebella8851
      @annebella8851 Рік тому

      You're right, Fear is one of the factors that hinder most persons to invest into crypto, most persons say ignorance..

    • @stevewilliams760
      @stevewilliams760 Рік тому +1

      imagine investing in Btcoin earlier.... You could have been a multi millionaire presently

    • @lincolnjack3198
      @lincolnjack3198 Рік тому

      @victoriabrady1791 If you are using really a good broker or account manager is easier to earn from the market

    • @leonnoble8164
      @leonnoble8164 Рік тому

      Crypt currency will outsmart the banking system in the nearest future serving as a global fiat. Already making over 85% profit from my investment

    • @andreajueal8243
      @andreajueal8243 Рік тому

      I'm new to bitcoin trading, how can I go about it or is there anyone you can refer?? 🙏🙏

  • @zenglider2145
    @zenglider2145 2 роки тому +186

    "A man with a briefcase can steal more money than any man with a gun" Don Henley

    • @692ALBANNACH
      @692ALBANNACH 9 місяців тому +14

      But the man with a gun will spend more time behind bars.

    • @user-kb8rc5vq2i
      @user-kb8rc5vq2i 9 місяців тому +2

      ​@@692ALBANNACHit is as Anatole France said: "The law, in its majestic equality, forbids rich and poor alike from begging in the streets, sleeping under bridges and from stealing bread."

    • @ToncieWells-fm4ne
      @ToncieWells-fm4ne 5 місяців тому +3

      He spent no time behind bars, was ordered to pay $1.8 billion in fines and still has a personal wealth considered to be over $17 billion.

    • @dont.ripfuller6587
      @dont.ripfuller6587 5 місяців тому +1

      Look up the Ayn Rand bit from Atlas Shrugged speech on money. Listen all the way through ( or read if anyone still does that)

    • @zenglider2145
      @zenglider2145 5 місяців тому

      @@692ALBANNACH ... which is one of the reasons why the man with the briefcase can steal more.

  • @susan-i8v5i
    @susan-i8v5i 3 місяці тому +752

    Thank you so much for this video but in these uncertain times it is more important than ever to have a solid understanding of how to manage your finances, invest wisely and navigate economic downturns. But my primary concern is how to grow my reserve of $240k which has been sitting duck since forever with zero to no gains, sure I'm all in on the long term game, but with my savings are lying waste to inflation and my portfolio losing gains everyday, I need a remedy.

    • @JonathanWalter-w8n
      @JonathanWalter-w8n 3 місяці тому +1

      If you need advice, consider speaking with a financial advisor. Don't get me wrong, you can do it on your own, but financial advisors have a lot more knowledge and expertise in this area.

    • @clementina-h5g
      @clementina-h5g 3 місяці тому

      you are completely right, Advisors have information and paths that are not disclosed to the public.. I profited 560k in 2022 under the tutelage of my Fiduciary-counselor. Am I selling? Absolutely not.. I am going to sit back and observe how this all plays out.

    • @Lindgren-h7k
      @Lindgren-h7k 3 місяці тому +1

      That's impressive! I could really use the expertise of this manager for my dwindling portfolio. Who's the professional guiding you?

    • @clementina-h5g
      @clementina-h5g 3 місяці тому

      Her name is Amalia Bunker can't divulge much. Most likely, the internet should have her basic info, you can research if you like

    • @Roger_davies
      @Roger_davies 3 місяці тому

      560k? Amazing! how did you get started?

  • @esinyenetabo2356
    @esinyenetabo2356 3 роки тому +26

    William L. God bless your voice and transparency in the media field. PBS is open and trusted source

    • @NunYa953
      @NunYa953 3 роки тому

      It's becoming a less trusted source in a hurry.

    • @theresachung703
      @theresachung703 3 роки тому

      @@NunYa953 why?

    • @NunYa953
      @NunYa953 3 роки тому +1

      @@theresachung703
      I've watched Frontline for 20+ years. It's always had SOME bias, but now it's quickly becoming PURE bias. It's no longer my "go to" for long form investigative journalism to say the least. And I find that very sad.

    • @LJ-ht4zs
      @LJ-ht4zs 2 роки тому +1

      @@NunYa953 Give some examples rather than just stating your opinions

  • @Itaivarochik
    @Itaivarochik 2 роки тому +7

    Great job telling this story so eloquently

  • @russellbell8973
    @russellbell8973 10 місяців тому +4

    They're all doing insider trading of some sort and the feds only go after the brown guy instead of the Js

  • @Hawkgoulet
    @Hawkgoulet 2 роки тому +36

    Lmao $1.8 billion fine for a guy that amassed over $8 billion for doing said crime. Sounds like just the cost of doing business instead of criminal behavior.

    • @almabe7608
      @almabe7608 2 роки тому +1

      You said it

    • @carpediem4512
      @carpediem4512 3 місяці тому

      Hey! Different rules for billionaires and for plebs like you.

    • @BruteStrength99
      @BruteStrength99 2 місяці тому

      Not really. It also banned him from the securities business for life.

  • @bobcornwell403
    @bobcornwell403 3 роки тому +56

    OK. He makes about $8 billion from his company. His company is found guilty. He has to pay a $1.8 billion fine. So he is still $6.2billion ahead. Who says crime does not pay? Where's the RICO law when we need it? Oh. I get it. That's for us ordinary mortals, not billionaire demi-gods.

    • @moonsaves
      @moonsaves 3 роки тому +10

      It's not a fine to deter him from doing it again, it's just the cost of doing business.

    • @Philosific
      @Philosific 3 роки тому +3

      Lol cohen made $1.6 billion in 2020. In the words of bobby axelrod, its just an ant bite. Nothing big

    • @scifirealism5943
      @scifirealism5943 3 роки тому +5

      @@Philosific being a billionaire is like a free ticket to get away with white collar crime.

    • @heyjude2109
      @heyjude2109 3 роки тому

      You understand the assignment.

    • @LJ-ht4zs
      @LJ-ht4zs 2 роки тому

      Totally agree - in drug cases they cease all the assets, should be the same here - ill gotten gains should all be confiscated. Insider trading created the whole poisonous tree, cut it down completely.

  • @SophiaChristian-so2of
    @SophiaChristian-so2of Рік тому +939

    Don't get me wrong, I know the economy is in shambles and in order to break even and make profit, we have to ride it out until stock recovery, but how are some folks in the same stock market as me still able to pull off substantial profits of as much as 650K within months, what am I doing wrong?

    • @WilliamsDouglas-qd3mb
      @WilliamsDouglas-qd3mb Рік тому +13

      You're not doing anything wrong, you just don't have the required skillset to profit off a down market, folks that are making profit in this market are pros and experts with in-depth knowledge and skillset.

    • @MarkFreeman-xi3rk
      @MarkFreeman-xi3rk Рік тому +3

      Exactly why i enjoy my day to day market decisions being guided by a portfolio-coach, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not outperform, been using a portfolio-coach for over 2years+ and I've netted over $800k

    • @cythiahan8455
      @cythiahan8455 Рік тому +3

      I need guidance so i can salvage my portfolio due to the massive dips and come up with better strategies. How can I reach this advisor?

    • @MarkFreeman-xi3rk
      @MarkFreeman-xi3rk Рік тому +1

      I am being guided by “Margaret Johnson Arndt” who I found on a CNBC interview where she was featured and reached out to her. She has since provided entry and exit points on the securities I focus on. You can look her up online if you care supervision.

    • @JenniferDrawbridge
      @JenniferDrawbridge Рік тому

      Thanks for sharing, needed this myself. I just looked her page up online and I would say she really does have an impressive background on investing

  • @MADKingR
    @MADKingR 3 роки тому +121

    This report proves that rich people always get away with crimes like that. Cohen is worth today even more, $11 billion. This can men only one thing: Crime pays off.

    • @Philosific
      @Philosific 3 роки тому +8

      Lol he made $1.2 billion for 2020

    • @Stoneface_
      @Stoneface_ 3 роки тому +8

      His net worth is 16B now

    • @Stoneface_
      @Stoneface_ 3 роки тому +8

      @Lordeverfall100 Maybe he's already at $20B and is lying about his net worth🤔

    • @unknown6715
      @unknown6715 3 роки тому +9

      No, this is only possible because he belongs to a certain group ✡️, otherwise he would have been arrested a long time ago.

    • @sakenu16
      @sakenu16 2 роки тому

      Terrible, how is it that all these white crimes never get convicted. Yet for saying dumb things, the mlb, nfl, etc force you to sell the team.

  • @tejano2828
    @tejano2828 3 роки тому +57

    Best thing I ever did was take my retirement and managed it myself these hedge funds are nothing but criminals.

    • @riohenry6382
      @riohenry6382 3 роки тому +7

      Low cost ETF funds are making me a lot of money…money that I never made when my money was under management

    • @PacknVac
      @PacknVac 3 роки тому

      @@riohenry6382 Lmao most of those ETF if not all are made by the money managers you are talking about

    • @riohenry6382
      @riohenry6382 3 роки тому +8

      @@PacknVac I don’t think you understand how passive trading and fees work

    • @LIONTAMER3D
      @LIONTAMER3D 2 роки тому

      @@riohenry6382 low fee funds are the only way to go, unless you know something...

    • @riohenry6382
      @riohenry6382 2 роки тому +1

      @@LIONTAMER3D absolutely right. Low fee ETFs are the backbone of my plan

  • @torrancerolfson
    @torrancerolfson 2 місяці тому +108

    Waking up every 14th of each month to $210,000 it’s a blessing to I and my family… Big gratitude.Thank you for all the knowledge and nuggets you had thrown my way over the last year.

    • @StephanieJones-o5u
      @StephanieJones-o5u 2 місяці тому

      I'm new to cryptocurrency and don't understand how it really works. how Can someone know the right approach to investing and making good profits from cryptocurrency investments?

    • @HillaryMedhurst-v8u
      @HillaryMedhurst-v8u 2 місяці тому

      As a beginner what do I need to do? How can I invest, on which platform? If you know any please share.

    • @torrancerolfson
      @torrancerolfson 2 місяці тому

      As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Myself, I’m guided by Adam Jeremy. A widely known crypto consultant

    • @StephanieJones-o5u
      @StephanieJones-o5u 2 місяці тому

      I'm a beginner please how can i reach out Adam Jeremy

    • @torrancerolfson
      @torrancerolfson 2 місяці тому

      he’s mostly on telegrams

  • @chobblegobbler2536
    @chobblegobbler2536 3 роки тому +56

    Love how we celebrate grifters by calling them moguls.

  • @kelvinketer789
    @kelvinketer789 3 роки тому +83

    How about politicians who do the same thing? Do a documentary about them too

    • @realBaronFletcher
      @realBaronFletcher 3 роки тому +13

      Congress is exempt from insider trading regulations by law. They are a legally protected class of investor.

    • @standalby6949
      @standalby6949 2 роки тому +11

      Start with Pelosi & her old man

    • @TheInterestedObserver
      @TheInterestedObserver 2 роки тому

      no, only brown or asian people

    • @EuroG100
      @EuroG100 9 місяців тому

      Aka Pelosi

  • @lindsay3995
    @lindsay3995 Рік тому +3

    "Sugar and two creams, come with us please, sir...we're gonna need a bigger boat." Criminally cornball lines and that guy is so proud of them. Gotta love it.

  • @shawncassidy6843
    @shawncassidy6843 3 роки тому +157

    Another amazing documentary from PBS 👏
    Always so good!

    • @Mark-gg6iy
      @Mark-gg6iy 3 роки тому +7

      Agreed, my favorite source of in-depth reporting.

  • @lilkingsamuel
    @lilkingsamuel 2 роки тому +11

    Fantastic coverage. Entertaining and informative. Better than most movies I have seen.

  • @dbsk06
    @dbsk06 Рік тому +8

    As someone who works in a similar industry with family in hedge funds even I learned a lot in this doc. Good job PBS

  • @samanthab1923
    @samanthab1923 3 роки тому +97

    Here's the thing. They amass so much money it's easier to just pay the fine if caught. Never or rarely do jail time. Not nearly enough SEC agents to work cases & the traders know it.

    • @jimdaniel5566
      @jimdaniel5566 3 роки тому +20

      Fines should be based on profits made and annual income. Strip these clowns of their years worth of profits and beat them in public

    • @otherworld11
      @otherworld11 3 роки тому +3

      but God sees all.

    • @Markdfadf
      @Markdfadf 3 роки тому +5

      @@jimdaniel5566 "Beat them in public." For what? What exactly is the crime? Real crimes have victims. The "victims" of insider trading are people who get better fills than they otherwise would have on trades and a public that gets a more efficient market that accurately reflects all information.
      I have a better idea. Beat politicians who support insider trading laws and jackbooted thugs who enforce them.

    • @SHOTTuINdFACE
      @SHOTTuINdFACE 3 роки тому +7

      Shelia, have you ever seen the movie The Big Short?
      The SEC is complicit in these crimes. A Self Regulatory Organization that never hands out harsh punishments / closes loopholes is just as guilty. It is just a "cost of doing business" to them.
      If there is a severe punishment, it is never for the worst actors: JP Morgan, Goldman Sachs, Citadel, Virtu, Bank of America, Citi Group, Etc. It is always some small fish so the cycle can continue.
      Harsh reality is most of the US Stock Market is completely fraudulent or participating in illegal activities.

    • @samanthab1923
      @samanthab1923 3 роки тому +8

      @@SHOTTuINdFACE Yes, The Big Short was good. Look at the Maddoff case too.

  • @kenaidog6974
    @kenaidog6974 3 роки тому +46

    Criminalize negligence so our politicians can be held accountable.

    • @williamyoung9401
      @williamyoung9401 2 роки тому

      Aliens will be watching PBS Frontline documentaries to wonder how we destroyed ourselves...

  • @mmafanatics9890
    @mmafanatics9890 28 днів тому +1

    Frontline makes some of the best documentaries ever..Great Journalism!! I've been a fan since i watched my first video

  • @cascooter
    @cascooter 3 роки тому +179

    It is amazing to me given the amount of damage insider trading can do to the health of our economy it isn’t a capital offense.

    • @doctorblue6375
      @doctorblue6375 3 роки тому +14

      The same funds that commit the insider trading donate to the PACs of the politicans creating the laws. Blackrock literally sits at the table at the bilderberg group lol.

    • @Markdfadf
      @Markdfadf 3 роки тому +11

      Insider trading not only doesn't harm the economy but helps it. It helps people on the other side of trade get better prices fills. It communicates information through the trend in prices. And it allows capital to be more efficiently allocated because a company's share price is more accurately accounting the underlying business. Unlike you, I won't say economic illiteracy should be a capital offense. But you not be voting and should not have any say in the laws that are passed.

    • @cascooter
      @cascooter 3 роки тому +1

      @@danielamador4306 yeh, I read something about that on a box of cereal. What are you gonna do, I guess.

    • @redwarf8118
      @redwarf8118 3 роки тому +5

      @@Markdfadf you and people who think like you are the reason why this kind of trading is fucking over the whole economy and the average worker more and more.
      This is the reason why we have more frequent crashes were the Banks have to be bailed out by tax payers money.
      Please don´t reproduce your kind.

    • @Markdfadf
      @Markdfadf 3 роки тому +7

      @@redwarf8118 I find your aggressive ignorance amusing. Nothing you said has any tether to reality. Insider trading plays zero role in crashes. It doesn't
      lead to bailouts. It doesn't harm workers. (How could you even think these things when there isn't even a remote connection.) Maybe start by reading a freshman economics textbook instead of sniffing glue before rage posting on the internet.

  • @johntaylor-lo8qx
    @johntaylor-lo8qx 3 роки тому +18

    Excellent documentary. Every rich person who has made a million from Wall Street had insider trading. Look at our politicians. Multi millionaires on a 150k per year job. Common....

    • @LJ-ht4zs
      @LJ-ht4zs 2 роки тому

      @@abcdef-qk6jf Citizen's United - remember who voted it in - we need new legislators new Supreme Court Justices who are not apart of the Money Tree - look at ole Clarence Thomas and his wife Ginni and nothing is being done about that treasonous duo.

    • @victorblock3421
      @victorblock3421 Рік тому

      LGB
      FJB

  • @consultant2678
    @consultant2678 6 місяців тому +18

    Steve Cohen made the mistake of not being a member of Congress then he could of made insider trades for years with no repercussions!

    • @jasong-m2u
      @jasong-m2u 8 днів тому +1

      Exactly 😂

    • @jasong-m2u
      @jasong-m2u 8 днів тому

      Look what Biden family just got away with for example

  • @arigutman
    @arigutman 2 роки тому +44

    Incredible documentary, thank you for such quality content... More documentaries like this!

  • @mkaberli
    @mkaberli 3 роки тому +10

    Frontline needs to focus its attention on all the insider trading done by our politicians.

  • @JihenTrabelsi-x8m
    @JihenTrabelsi-x8m Рік тому +5

    Another amazing documentary from PBS Always so good!. Super interesting, and truly top notch journalism. Thank you!.

  • @boba2172
    @boba2172 3 роки тому +8

    Frontline is the gold standard .....the best

  • @giovannidavinci20
    @giovannidavinci20 3 роки тому +19

    In the end, the so-called law does not really try to protect the truth, but simply trying to make sure the "procedure" is correct. Quite sad.

  • @Scorch428
    @Scorch428 Рік тому +4

    AT some point, no matter how confident someone is nor how good they are with words should stop us from failing to see the facts of a case....

  • @Bennnyak
    @Bennnyak 3 роки тому +21

    I know this is gonna be a banger

  • @Howard2006
    @Howard2006 3 роки тому +26

    Great documentary and I wonder how Steve Cohen will use insider trading to improve the Mets. He could check with the Houston Astros I suppose.

    • @nysports5085
      @nysports5085 2 роки тому +1

      Yeah since banging trash cans is relative. Duh

    • @NxDoyle
      @NxDoyle 2 роки тому

      What the hell? I know the 'stros did a bad thing, but come on.

  • @tomspeed3354
    @tomspeed3354 Рік тому +4

    Sorry, this is no justice. The richest guy could stay out of prison and settled with money. SEC is a joke

  • @Supremechairuser
    @Supremechairuser 3 роки тому +54

    James freshman was really regretting every word in his memoir. His face sank and was eating every word. The reporter really did great job to confront him on it.

    • @vnjii
      @vnjii 2 роки тому +2

      He looked stunned and kinda drunk.... but looks like what he wrote is now coming back to haunt him...

    • @jackiedelvalle
      @jackiedelvalle 2 роки тому +1

      Fleischmann?

    • @Stoneface_
      @Stoneface_ 2 роки тому

      @@jackiedelvalle yep

    • @JulianJ58
      @JulianJ58 5 місяців тому

      Y'all talking about the corny reporter trying to put words in the guys mouth to make him look bad?

  • @Thanasis_Koligliatis
    @Thanasis_Koligliatis 2 роки тому +51

    30:44 This was a very enlightening interview.
    He really torture that guy to admit that 1 in 10.000 calls might say something that they shouldn't have said.
    Great job!

    • @somnuswaltz5586
      @somnuswaltz5586 Рік тому +2

      Yeah but not a very strong accusation. Yeah if there's a group of employees doing a job, at least one of those employees IS BOUND to break a rule. That applies in the video and pretty much everywhere else. Again, a weak point to tackle.

  • @DenisTunkin
    @DenisTunkin Рік тому +1

    Enjoyed it from the get-go to the end. Thank you, Frontline

  • @deweyhamilton7774
    @deweyhamilton7774 3 роки тому +47

    If someone on foodstamp cross the road before it turns green they will get 5 years but if hedge guy destory economic of superpower he get a bailout and superbonus. That America for you.

  • @palamoi
    @palamoi 3 роки тому +14

    "The most valuable commodity that I know of is information." - Gordon Gecko, Wall Street

  • @jwill6008
    @jwill6008 5 днів тому +1

    Laws don't apply to those that can afford to break them‼

  • @harryb7661
    @harryb7661 3 роки тому +32

    SAC are still trading under point72, they're also still one of the biggest users of expert networks in the industry, and Cohen is still the founder. Nothing has changed they just put on a different suit.

    • @phelan771
      @phelan771 3 роки тому

      Yeah and Cohen Aka scumbag face is currently using Point 72 to short company stocks and screw retail investors...

    • @LJ-ht4zs
      @LJ-ht4zs 2 роки тому +1

      Cohen still is wearing his same ole suit.

    • @jyeasyfun
      @jyeasyfun 2 роки тому

      He beats the system and the market by his magic weapon and money

    • @Matt-cr4vv
      @Matt-cr4vv Рік тому +1

      And the fund manages around $12B more than SAC did.

    • @InMinecraftYOLO
      @InMinecraftYOLO 8 місяців тому

      Point72 is more quant than SAC but yea

  • @redneckrevolt1
    @redneckrevolt1 3 роки тому +43

    Gets me madder and madder knowing people are dumb enough to share secrets in plain sight and nobody does anything about it!

    • @LIONTAMER3D
      @LIONTAMER3D 2 роки тому

      we only throw minorities in prison, notice how ALL these people are white?

    • @Udontsay948
      @Udontsay948 2 роки тому

      But the whole point here is something did happen

  • @FelineAirstrip
    @FelineAirstrip 9 місяців тому +705

    What's the best approach to capitalize on the current market conditions? I'm deliberating on whether to diversify my $200k stocks portfolio.what strategies should I employ?

    • @WestonScally7614
      @WestonScally7614 9 місяців тому +5

      The market is volatile at this time, hence I will advice you get yourself a financial advisor that can provide you with entry and exit points on the share/etf you focus on.

    • @SaintYvess
      @SaintYvess 9 місяців тому

      I was recently through an investing nightmare during the crash in march 2020. I think with the assistance of my advisor I have so far grown my initial investment of $145k to $480k

    • @Redwood4040
      @Redwood4040 9 місяців тому +5

      Accurate asset allocation is crucial, and some individuals use hedging strategies or allocate part of their portfOlio to defensive assets for market downturns. Expert guidance is vital for achieving this. This approach has helped me stay finan-cially secure for over five years, yielding nearly $1 million in returns on invest-ments.

    • @sting_grayl
      @sting_grayl 9 місяців тому +2

      I've been looking to get one, but have been kind of relaxed about it. Could you recommend your advis0r? I'll be happy to use some help.

    • @Redwood4040
      @Redwood4040 9 місяців тому +2

      *Jennifer Leigh Hickman* is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.

  • @johngalt0096
    @johngalt0096 3 роки тому +24

    There’s us; & there’s them. “It’s a club, & you ain’t in it.” Enough.

    • @TheAppleLoadout
      @TheAppleLoadout 3 роки тому

      In that case, explain democracy. (I totally agree with you, I am just pointing out the obvious)

    • @Franciscasieri
      @Franciscasieri 3 роки тому +4

      RIP George Carlin

    • @LJ-ht4zs
      @LJ-ht4zs 2 роки тому

      @@TheAppleLoadout Not much of a democracy when criminals pay small fines or small jail terms , but most aren't caught, Politicians are bought off and are also involved in insider trading. When both political parties accept huge amounts of money from lobbyists and it has been okayed by Supreme Court - where do you see a democracy? Little people got to jail for shoplifting, black people get killed for selling loosies and Wall Street gets bailed out when Main st. looses everything. Sounds like a banana republic to me.

  • @cafferacer
    @cafferacer 2 роки тому +38

    I've followed literally all financial scams for the past 30 years. It never gets old. Long-Term Capital to FTX it's all fascinating. Enjoyed Raj drama back in the day haha

    • @abhimanyuchoudhary1006
      @abhimanyuchoudhary1006 2 роки тому +6

      LTCM wasn't a scam, just poor risk management

    • @Leszlig
      @Leszlig 2 роки тому

      LTCM blew up. No fraud. Meriwether got funded again

    • @Priinsu
      @Priinsu 2 роки тому +3

      You should have become a financial crimes expert at the fbi or worked for the SEC.

    • @Mrtumu10
      @Mrtumu10 2 роки тому +1

      Lmfaooooo

    • @Markdfadf
      @Markdfadf Рік тому +1

      Ummm... Long Term Capital wasn't a scam, so given that you were 1 for 2 in your examples I question how much you followed scams.

  • @vadimshashkov7795
    @vadimshashkov7795 5 місяців тому +1

    From Nigeria i like your trading style i pray to be like you..

  • @cv9435
    @cv9435 3 роки тому +8

    So Steve Cohen gets away without any jail time but Rajrajaratnam goes to jail for the same thing, should we be surprised

  • @ambitiousceo
    @ambitiousceo 2 роки тому +6

    Fun fact: The Showtime TV series "Billions" is based on Stephen A Cohen and SAC capital. Bobby Axelrod is playing Stephen A Cohen.

    • @543sunith
      @543sunith Рік тому +2

      Thankgod someone knows about this and I found this comment😂👍

  • @doraeppes1751
    @doraeppes1751 Рік тому +106

    Having Cryptocurrency as an Asset and not been able to profit from them can be very frustrating.
    Is this the right time to invest? Before I jump to the conclusion, I think you should take a look at things first

    • @helenbake4141
      @helenbake4141 Рік тому +1

      As an independent woman, I started my first investment plan with just $1000 and am now earning a weekly income of $4220 trading cryptocurrency with my personal broker

    • @sammiller01
      @sammiller01 Рік тому

      Bitcoin has been going down for a while, and currently it could keep going down or decide to go up. The truth is that no one knows, I think it's a good time to make a purchase and also seek professional help,,

    • @austinying6649
      @austinying6649 Рік тому

      Inspiring! do you think you can give me advice on how to invest in a healthy way like you do?

    • @helenbake4141
      @helenbake4141 Рік тому +1

      She's on Instagram

    • @helenbake4141
      @helenbake4141 Рік тому +3

      ©Shanatrades_

  • @douglynch7285
    @douglynch7285 2 роки тому +48

    A real life episode of Billions … they turned him into a family fund.

    • @amazingabby25
      @amazingabby25 2 роки тому +7

      It was based on him, esp the DA vs Steve stuff

  • @victor0039
    @victor0039 3 роки тому +12

    the narrator has an amazing voice it makes whatever you're watching enjoyable

  • @vincentstewart1843
    @vincentstewart1843 11 місяців тому +24

    Should I give up on Trade?
    What should I do?
    How may I do better?
    What I'm I doing incorrectly?

    • @wendyrosee
      @wendyrosee 11 місяців тому

      here is my problem I have been making losses trying to make trade. I thought to trade demo is just like the real..can anyone help me out or at least tell me on what to do.

    • @maureen...
      @maureen... 11 місяців тому

      I always advice new members to have an orientation on how it works before getting involved. Trade offers more benefits than just holding.

    • @maureen...
      @maureen... 11 місяців тому

      Kate Floretta
      Face book

    • @maureen...
      @maureen... 11 місяців тому

      Google " katefxfloretta " anywhere take classes to learn to trade.

    • @Mayor1248
      @Mayor1248 11 місяців тому

      The wisest thought that is in everyone's minds today is to invest in different income flows that do not depend on the government, especially with the current economic crisis around the world. This is still a good time to invest in gold, silver and digital currencies (BTC, ETH. stock,silver and gold)

  • @arielspalter7425
    @arielspalter7425 3 роки тому +45

    Super interesting, and truly top notch journalism. Thank you!

    • @williamyoung9401
      @williamyoung9401 2 роки тому

      I love how when these guys are talking about breaking the law, they're laughing every time...

  • @rabidbigdog
    @rabidbigdog 3 роки тому +32

    First Law of Wall Street: everyone gets away with it.

  • @vincentstewart1843
    @vincentstewart1843 8 місяців тому +9

    PLEASE ADVISE ME.
    I was told to spread my savings across different things like BTC and Stocks to protect and support my retirement. with everything being shaky,I'm considering going into Trade. i don't wanna make the wrong choice.

    • @maureen...
      @maureen... 8 місяців тому

      Ellen DeGeneres hosted Kate floretta on TV 2 yrs ago that was where I saw kate and followed up.i have also been attending her Trade seminars.

    • @Mayor1248
      @Mayor1248 8 місяців тому

      Yo I didn't know Kate was this popular,my cousin trade with her for some months now, I tried but couldn't understand anything it's not my thing tho so I passed Lol. I can testify that trade pays very well because my cousin at 23 bought a house already.

    • @wendyrosee
      @wendyrosee 8 місяців тому

      When it comes to Trade, I can confidently say that bitcoin is the best option. But most people think it's all about buying and leaving it to rise but It takes a lot more you need to trade it to earn daily.

    • @wendyrosee
      @wendyrosee 8 місяців тому

      I think I might have came across the name on an interview last year where she spoke about finance.

    • @janejane386
      @janejane386 8 місяців тому

      The wisest thought that is in everyone's minds today is to invest in different income flows that do not depend on the government, especially with the current economic crisis around the world. This is still a good time to invest in gold, silver and digital currencies (BTC, ETH. stock,silver and gold)

  • @Raymondjohn2
    @Raymondjohn2 2 роки тому +1365

    To my understanding this just proves how much we need an edge as investors because playing the market like everyone else just isn’t good enough. I've been quite unsure about investing in this current market and at the same time I feel it's the best time to get started on the market, what are your thoughts?

    • @angelicaaquino4109
      @angelicaaquino4109 2 роки тому +2

      Since the crash, I've been in the red. I’m playing the long term game, so I'm not too worried but Jim Cramer mentioned there are still a lot of great opportunities, though stocks has been down a lot. I also heard news of a guy that made $250k from about $110k since the crash and I would really look to know how to go about this.

    • @lipglosskitten2610
      @lipglosskitten2610 2 роки тому +2

      There are actually a lot of ways to make high yields in a crisis, but such trades are best done under the supervision of Financial advisor.

    • @lipglosskitten2610
      @lipglosskitten2610 2 роки тому +2

      @Dan Brooks Impressive can you share more info?

    • @lipglosskitten2610
      @lipglosskitten2610 2 роки тому +1

      @Dan Brooks She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.

    • @MercuryDreadheart
      @MercuryDreadheart 2 роки тому +1

      Just start buying then hedging with short options that’s what I do and I’ve been slowly getting my portfolio up

  • @the8thgable
    @the8thgable 2 роки тому +18

    "How in the hell is that legal?" 😂 12:39 Love Martin Smith here.

  • @Kryptonite88
    @Kryptonite88 3 роки тому +40

    The title should be "To Catch and Release a Trader."

  • @InfoOnly2U
    @InfoOnly2U 3 роки тому +13

    This is who the tv show “Billions” is about

  • @AmandaCumming-h4z
    @AmandaCumming-h4z 6 місяців тому

    Today's episode is great. Thank you very much for the advice. Are trading strategies applicable to the stock exchange?

  • @DavidElstob73
    @DavidElstob73 3 роки тому +33

    Funny how they can get underlings to testify against a crime boss, yet they can't get workers to do the same against a company owner.

    • @herogebrial
      @herogebrial 3 роки тому +11

      Steven A.C is to big to take down. Has people in high places

    • @stevengraham3138
      @stevengraham3138 3 роки тому +7

      Now when your boss has 2-16 billon he can pay you to be quite sad but true

  • @CyberData4
    @CyberData4 3 роки тому +22

    Outstanding journalism. Thank you!

  • @ehsanulbarihome
    @ehsanulbarihome 9 місяців тому

    Loved the breakdown..very well explained and simplified, Matt 😊💯

  • @Einhander49
    @Einhander49 3 роки тому +12

    I feel there's gonna be a Frontline special on Citadel's RISE and fall.

    • @Stoneface_
      @Stoneface_ 3 роки тому

      Lol not gonna happen. Citadel profits soared this year and went on an hiring spree. Citadel is a money machine...

    • @Einhander49
      @Einhander49 3 роки тому

      @@Stoneface_ I will revisit this reply in 5 years.

    • @Stoneface_
      @Stoneface_ 3 роки тому

      @@Einhander49 ok 👍

    • @kirilmihaylov1934
      @kirilmihaylov1934 3 роки тому

      @@Stoneface_ what profits?

  • @tedereTSSK
    @tedereTSSK 3 роки тому +72

    Informative, educational and insightful. Enjoyed the back story. Thank you.

    • @williamyoung9401
      @williamyoung9401 2 роки тому +1

      So, "Stevie" Cohen was fined $1.8 billion dollars. Great. He only has $6.2 billion left. And he isn't in jail. Yeah, he TOTALLY learned his lesson...

  • @theshogunbeats3424
    @theshogunbeats3424 11 місяців тому +2

    So congress (who made insider trading illegal) are the only ones who can inside trade

  • @sosueme811
    @sosueme811 2 роки тому +18

    We need this guy in today's Market!

  • @njathifrancis
    @njathifrancis 3 роки тому +6

    I love the narrator's voice 💙

  • @lawrence1960
    @lawrence1960 Місяць тому

    I have been following Brian for years. A true American. I love this guy and trust his motives. DOGE needs to bring him on board.

  • @squid84202
    @squid84202 3 роки тому +25

    I have always found it mind boggling that white collar criminals can make $200 million off their crimes and only pay a fine less than the amount they made. I suppose that's how it goes when these criminals have the funds to lobby for certain laws to not be changed. I have always held the notion that if you decide to be a criminal, be a white collar criminal because it's fairly obvious that the sentencing and the fines for white collar crimes are far more lenient than any other type of crime (generally speaking).

    • @glennycoleman3799
      @glennycoleman3799 3 роки тому +4

      You are absolutely right!!!

    • @dwdwdw11
      @dwdwdw11 Рік тому

      We live in a shitty corrupt country!

    • @TenTonNuke
      @TenTonNuke Рік тому +1

      Jordan Belfort spent less than two years in prison. The guy who broke so many laws that they made a movie about him. Spent about as much time in prison as someone who stole a car. I'll spend two years in prison if it means I can be a millionaire when I get out.

  • @deweyhamilton7774
    @deweyhamilton7774 3 роки тому +26

    He was a criminal in a fancy suit, period!

  • @rogerrolex6981
    @rogerrolex6981 6 місяців тому +2

    In the 80s and 90s, every firm trading on NASDAQ was guilty of insider trading. By brokers, just look at the wealth accumulation among senate and congressional members. How do public servants have net worth in double digit millions after being elected

  • @cyberft
    @cyberft 3 роки тому +11

    @49:28 “doesn’t matter who you are and who you are connected to, you have to play by the same rules as everybody else.” Proceeds to accept a bribe, I mean fine in lieu of jail time for criminal behavior.

    • @daddius
      @daddius 3 роки тому +2

      I don’t know much if anything about facial tells but he seems to be blinking an inordinate amount of times as he says that.

  • @silvanacauduro
    @silvanacauduro Рік тому +86

    I HAVE INCURRED SO MUCH LOSSES TRADING ON MY OWN...I TRADE WELL ON DEMO BUT I THINK THE REAL MARKET IS MANIPULATED... CAN ANYONE HELP ME OUT OR AT LEAST TELL ME WHAT I'M DOING WRONG ?

    • @johnnystroud2495
      @johnnystroud2495 Рік тому +1

      Same here, My portfolio has been going down the drain while I try trading,l just don't know what I do wrong

    • @madlindowell4103
      @madlindowell4103 Рік тому +3

      Trading with an expert is the best strategy for newbies and busy investors who have little or no time to monitor trade

    • @cherylmargolis7529
      @cherylmargolis7529 Рік тому

      I strongly advise you against self trading, it's really dangerous and had brought so many investors down, you need someone with the knowledge and strategies, someone dedicated to the crypto currency market business, and I will strongly recommend expert, Mrs Mary Callahan Erdoes

    • @javieretasca5344
      @javieretasca5344 Рік тому +2

      Wow I'm just shock you mentioned and recommended Expert Mrs Mary Callahan Erdoes ,I thought I'm the only trading with her

    • @granthamlawson493
      @granthamlawson493 Рік тому

      @@javieretasca5344 You don't need to be shock because I'm also a huge beneficiary of Expert Mrs Mary Callahan Erdoes

  • @Mayor1248
    @Mayor1248 10 місяців тому +21

    I HAVE INCURRED SO MUCH LOSSES TO TRADE ON MY OWN,I TRADE WELL ON DEMO BUT I THINK THE REAL MARKET IS MANIPULATED.

    • @wendyrosee
      @wendyrosee 10 місяців тому +1

      You are absolutely right
      I keep loosing in real trade but win in Demo.
      Should I give up on Trade?
      What should I do?
      How may I do better?
      What I'm I doing incorrectly?

    • @maureen...
      @maureen... 10 місяців тому

      I always advice new members to have an orientation on how it works before getting involved. Trade offers more benefits than just holding.

    • @maureen...
      @maureen... 10 місяців тому

      Kate Floretta
      in stagram

    • @maureen...
      @maureen... 10 місяців тому

      Kate Floretta
      Face book

    • @maureen...
      @maureen... 10 місяців тому

      Google "katefxfloretta" anywhere take classes and learn to trade.

  • @fixitbrewbaycustom854
    @fixitbrewbaycustom854 3 роки тому +24

    Classic example of government efforts to protect criminal bankers and Hedgehog type creeps!

    • @williamyoung9401
      @williamyoung9401 2 роки тому

      It's this kind of negligence and large-scale bribery that eventually leads to doubt in government institutions and Revolution.

  • @oneiljerry9460
    @oneiljerry9460 Рік тому +871

    Market declines, soaring inflation, a significant increase in interest rates by the Fed, and rising Treasury yields all point to additional losses for portfolios this quarter. How can I profit from the present market turbulence? I'm still debating whether to sell my $125,000 ETF/Growth Stock portfolio.

    • @alexyoung3126
      @alexyoung3126 Рік тому +2

      Concentrate on two main objectives. First, keep yourself safe by knowing when to sell stocks in order to limit losses and maximize gains. Second, get ready to benefit from market changes. I advise consulting a CFP or other professional for advice.

    • @joesphcu8975
      @joesphcu8975 Рік тому +1

      Yes, I have been in touch with a CFP ever since the outbreak. Today, investing in hot stocks is quite easy; the difficult part is deciding when to buy and sell. With an initial starting reserve of $80k, my adviser chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.

    • @lawerencemiller9720
      @lawerencemiller9720 Рік тому +1

      @@joesphcu8975 my 401k growth has been stagnant since the 2019. I wouldn't mind consulting the advisor who guides you, I really want to grow my retirement fund since I could retire in 3 years.

    • @joesphcu8975
      @joesphcu8975 Рік тому +5

      The stock market is without a doubt the awkward teenager with the most extreme mood swings! I started out with a commentator named “Eileen Ruth Sparks.” Her honest approach gives me complete ownership and control over my position, and her rates are incredibly affordable given my ROI.

    • @lawerencemiller9720
      @lawerencemiller9720 Рік тому +1

      Thanks, I just googled her and I'm really impressed with her credentials. I reached out to her since I need all the assistance I can get.

  • @ThomasJeff066
    @ThomasJeff066 10 місяців тому +97

    I began my investment journey at the age of 27, primarily through hard work and dedication. I'm to share that my passive income exceeded $100k in a single month for the first time. This success reinforces the importance of the advice mentioned earlier it is not about achieving quick wealth, but rather ensuring long-term financial prosperity

    • @MargaretGeoffrey
      @MargaretGeoffrey 10 місяців тому

      Investors should exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields

    • @Queenbrenda989
      @Queenbrenda989 10 місяців тому

      This is superb information,as a noob it gets quite to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?

    • @stephenbates6
      @stephenbates6 10 місяців тому

      Wow that's stirring! Do you mind connecting me to your advisor please. I desperately need one to diversify my portfolio

    • @DavePatrick901
      @DavePatrick901 10 місяців тому

      What differentiates the poor from the rich is what both do with the information they get. While the poor doubt almost all the information they find, the rich gets richer by doing things that the poor did not do when they get information. For financial success and investing, always work with a financial advisor who is ready to help you succeed

    • @MargaretGeoffrey
      @MargaretGeoffrey 10 місяців тому

      ​​@@stephenbates6Timothy Eric Meek

  • @TobiasDeml
    @TobiasDeml 3 роки тому +22

    Excellent report - as usual for Frontline, but making the topic accessible to a relatively broad audience.

  • @RoxieParadox
    @RoxieParadox 3 роки тому +73

    This is exactly why $GME and the giant tears that were wept by hedge funds was so damn hilarious. :)

    • @realScottThomas
      @realScottThomas 3 роки тому +12

      You do realize hedge funds benefited from GME in general. It's all a myth that they actually got hurt.

    • @stikkgreen5237
      @stikkgreen5237 3 роки тому +8

      @@realScottThomas Melvin Capital lost 40 percent in Q1 alone.

    • @Andres_Acosta
      @Andres_Acosta 3 роки тому +14

      @@stikkgreen5237 melvin capital isn’t the only hedge fund. The movement you saw in the meme stocks were from other hedge funds smelling blood in the water. Retail wouldn’t have been enough to see the movement we saw on those tickers.

    • @Antonio-ck2hp
      @Antonio-ck2hp 3 роки тому +3

      @@Andres_Acosta I think you are grossly underestimating the power of retail traders

    • @Andres_Acosta
      @Andres_Acosta 3 роки тому +12

      @@Antonio-ck2hp no matter what you think no fuckin way retail can add multi-billions of dollars to any company market cap. It was other hedge funds exploiting the weakness retail found to cannibalize other competing hedge funds and hurt them hard.

  • @RyanEthan221
    @RyanEthan221 11 місяців тому +35

    I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Michelle Stewart.

    • @zoellaHernandez
      @zoellaHernandez 11 місяців тому

      I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much

    • @RyanEthan221
      @RyanEthan221 11 місяців тому

      she's mostly on Telegrams, using the user name

    • @RyanEthan221
      @RyanEthan221 11 місяців тому

      @Stewart340 💯 ..that's it

  • @InvestorCenter
    @InvestorCenter 3 роки тому +7

    How is this any different than politicians trading on insider information?

  • @aditya93784
    @aditya93784 3 роки тому +7

    The video title should have been "The real wolf of wall street".