Kalshi CEO Tarek Mansour on the election betting market

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  • Опубліковано 12 гру 2024

КОМЕНТАРІ • 119

  • @architectinth
    @architectinth Місяць тому +56

    I wonder how much money he paid to get this spot. Talking about like it's a revolutionary idea. It's a gambling website and a play. Just calling it like I see it.

  • @RicardaWindsheimer
    @RicardaWindsheimer Місяць тому +192

    Stocks extended their year-to-date rally following the CPI report, with the S&P 500 last up 0.8% in afternoon trading. but I don't know if stocks will quickly rebound, continue to pull back or move sideways for a few weeks, or if conditions will rapidly deteriorate.I am under pressure to grow my reserve.

    • @Frankjacob387
      @Frankjacob387 Місяць тому

      There are many other interesting stocks in many industries that you might follow. You don't have to act on every forecast, so I'll suggest that you work with a financial advisor who can help you choose the best times to purchase and sell the shares or ETFs you want to acquire.

    • @Agatha.wayne0
      @Agatha.wayne0 Місяць тому

      I took charge of my portfolio but faced losses in 2022. Realizing the need for a change, I sought advice from a fiduciary advisor. Through restructuring and diversification with dividend stocks, ETFs, Mutual funds, and REITs, my $1.2M portfolio surged, yielding an annualized gain of 28%.

    • @Agatha.wayne0
      @Agatha.wayne0 Місяць тому

      Finding financial advisors like Stacy Lynn Staples " who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

    • @GersderaNioer
      @GersderaNioer Місяць тому

      I copied her whole name and pasted it into my browser; her website appeared immediately, and her qualifications are excellent; thank you for sharing.

  • @CodeRedFinancial
    @CodeRedFinancial Місяць тому +25

    Something about this just doesn't sit well with me.

  • @PatyRamírez-z9z
    @PatyRamírez-z9z Місяць тому +140

    I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement. I'm seeking to invest $200K across markets but don't know where to start.

    • @TerrencesSheldons
      @TerrencesSheldons Місяць тому

      The professionals presently control the market since they not only have the essential business strategy but also have access to inside information that the general public is not aware of.

    • @KarenDuncan-o5s
      @KarenDuncan-o5s Місяць тому

      @@TerrencesSheldons The reason I decided to work closely with a brokerage adviser ever since the market got really tense and the pressure became so much(I should be retiring in 17months) so I've had a brokerage adviser guide me through the chaos, its been 9months and counting and I've made approx. 650K net from all of my holdings.

    • @PatyRamírez-z9z
      @PatyRamírez-z9z Місяць тому

      @@KarenDuncan-o5s How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?

    • @KarenDuncan-o5s
      @KarenDuncan-o5s Місяць тому

      @@PatyRamírez-z9z “MARGARET MOLLI ALVEY’’ You can easily look her up, she has years of financial market experience.

    • @PatyRamírez-z9z
      @PatyRamírez-z9z Місяць тому

      @@KarenDuncan-o5s Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible.

  • @Stefan-d3c
    @Stefan-d3c Місяць тому +35

    this election time manipulation to entice new investor? My portfolio has done well all year, but now I’m feeling the pinch. My returns have dropped significantly by 5%, and the market’s all over the place. What do i do?

    • @dogmom-pt5we
      @dogmom-pt5we Місяць тому

      IMO this rate cut will a create new buying opportunity, but given the current market uncertainty, have you considered consulting a fiduciary advisor?

    • @Andreallln
      @Andreallln Місяць тому

      Over $9 trillion is in money markets earning high interest, but Fed rate cuts will push this money into equities. A crash/recession can be discussed after that shift. My financial advisor has helped me understand the market, gaining 25% this year under her guidance.

    • @DeannaPeters-lz8we
      @DeannaPeters-lz8we Місяць тому

      I’ve managed my investment portfolio for 10 years. Initially, it performed well, but recently, it has been losing money. I need to find a way to stop these losses and start seeing growth again. How can i reach this advisor?

    • @Andreallln
      @Andreallln Місяць тому

      There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘SHARON CRUMP CLINE” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.

    • @DeannaPeters-lz8we
      @DeannaPeters-lz8we Місяць тому

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

  • @Nicolas-ig1bf
    @Nicolas-ig1bf Місяць тому +40

    Andrew is squirming in his chair listening to these probabilities. 😂

    • @Fred-t8q
      @Fred-t8q Місяць тому +2

      😂😂 but we all know Joe is the most partisan host on this panel. He shouts guests down when they disagree with him on his conservative views.

    • @words007
      @words007 Місяць тому +5

      Im buying tonns of popcorn to watch the liberal meltdown for weeks. It's just about to start 😂😂😂😂😂😂😂😂😂

    • @Fred-t8q
      @Fred-t8q Місяць тому +2

      @@words007 I would not wagger anything that I held near and dear. Trump is measuring the drapes with the same level of confidence as Hillary did in 2016. And the election was called for Trump before 9pm EST. Kamala may very well win and the MAGA lunatics will be back in Washington burning the capital down again 😂😂😂😂

    • @TheAuToMaTiC82
      @TheAuToMaTiC82 Місяць тому

      ​@@Fred-t8q The Kamala voters are the lunatics. You sound insane.

    • @mariagabriel4647
      @mariagabriel4647 Місяць тому

      ​@@Fred-t8qwhich side celebrated weeks of burning cities across the country & looting everyday & murders? Which side? Even your governors cheering it

  • @DRays813
    @DRays813 Місяць тому +5

    If Kamala was leading in the betting markets they would not be talking about this. The usual double standard

  • @BryanKerr1
    @BryanKerr1 Місяць тому +7

    The entire stock market and top investors in the world are also indicating who they think will win, it's not just a new app that's predicting the future...

    • @MidnightSouls
      @MidnightSouls Місяць тому

      Yeah, hearing Bill Ackman bullish Trump suggests to me he's convinced Harris will win and has positioned himself short Trump and long Harris. T'is the Ackman way.

  • @nicholasbullock9276
    @nicholasbullock9276 Місяць тому +4

    This Tarek guy is really great at dancing around questions instead of directly answering them.

  • @jeniii990
    @jeniii990 Місяць тому +6

    I started my 250k portfolio last year with SCHD, VOO, and VUG after watching one of your videos. In terms of share price, VOO is way up (22.25%) and VUG is waaaaay up (39.62%). Thanks for the education! Will this provide solid cashflow?

    • @NicoleWillams-d1q
      @NicoleWillams-d1q Місяць тому +3

      keep acquiring! I'd suggest you consider financial advisory at this point in time, remember you are in for the long haul.

    • @margie-b2v
      @margie-b2v Місяць тому +2

      I agree, it's important to balance your portfolio allocations. I recommend a managed portfolio, though their performance can vary. It's best to consult a fiduciary for guidance. That's what my spouse and I did, and we've grown our portfolio to $1.7 million.

    • @dannyowen-k4y
      @dannyowen-k4y Місяць тому +3

      Your advisor must be really good. How I can get in touch? My retirement portfolio's decline is a concern, and I could use some guidance.

    • @margie-b2v
      @margie-b2v Місяць тому +2

      I'm cautious about giving specific recommendations since everyone's situation varies, but I've worked with “Monica Shawn Marti for 6 years and highly recommend her. Look her up to see if she meets your criteria.

    • @dannyowen-k4y
      @dannyowen-k4y Місяць тому +1

      I just googled her and I'm really impressed with her credentials; I reached out to her since l need all the assistance l can get. I just scheduled a caII.

  • @MissMyMusicAddiction
    @MissMyMusicAddiction Місяць тому +12

    i think that betting markets can be a much better way to measure sentiment than polls can be. they certainly seem to be, in other nations.
    in the us, experiments, like good judgement project, have had very interesting outcomes, with The Crowd performing much, much better than expected.

    • @thecountofmontecristo8280
      @thecountofmontecristo8280 Місяць тому

      Every example you can provide of when betting markets got it right in politics, I can provide global examples where they got it terribly wrong. The recent elections in Japan, a state level election in Australia where a party was expected to win with a 97% probability and won by the barest of margins. Heck, look at the betting markets that existed on the betting exchange Betfair prior to Trump's first win in 2016 - they heavily favoured Hilary Clinton winning, just as the polls did. She didn't. What does this tell us? It demonstrates that people who just bet, do so because they want their party, their person to win, so it is somewhat of an emotional bet. However, those who seek opportunity to make money and bet in large sums will usually only do so by relying on data. What other data is there then polling data? So, polling data for the most part is the underlying data that will drive these markets. Some might argue that you could scrape social media accounts for sentiment, but how is that accurate in the age of so many bots sewing disinformation? It isn't, so polling data is all we have. We also need to consider that apps like Robinhood and betting apps or the mere act of betting is dominated by men - something like 95% of betting accounts are owned by men. It is also highly probable that these are young white men. In this way, if you believe this is an accurate insight into sentiment, then it is limited to young white men - most likely from affluent backgrounds. Well, we already know that young white men favor Trump by a considerable margin. So again, what is this telling us that we don't already know from the polls?

  • @therationalparty6814
    @therationalparty6814 Місяць тому +3

    If I wasn’t worried that this app wasn’t just an SBF 2.0 I’d put 10k on Harris in a heartbeat.

    • @changedlife1904
      @changedlife1904 Місяць тому +1

      😂😂😂😂😂 what a sorry bet 😂😂😂 u will loose every cent , and i would 🎉🎉🎉🎉🎉🎉 loveee it ,,,,,un American

    • @therationalparty6814
      @therationalparty6814 Місяць тому

      @@changedlife1904 Make it more obvious you’re a Russian incel bot.

    • @TrevmiceterZ
      @TrevmiceterZ Місяць тому

      ​@@changedlife1904 lol

  • @rspstimarar
    @rspstimarar Місяць тому +12

    This guy riding's polymarket success shamelessly lol

    • @gsurtos6588
      @gsurtos6588 Місяць тому +5

      "lol" ur actually witarded. dumas boy~~~~ kalshi came out before polymarket by 2 years. smh~~~~~~~
      polymarket is global but excludes US citizen. Kalshi is strictly only US citizens

    • @redhorizonentertainment6560
      @redhorizonentertainment6560 Місяць тому

      @@gsurtos6588calmmmm

  • @andrewp4220
    @andrewp4220 Місяць тому +6

    I’m so confused. So you can legally bet on the election in the US?

    • @elliottfussell3523
      @elliottfussell3523 Місяць тому

      For now

    • @bmccoy29
      @bmccoy29 Місяць тому +2

      I’ve been doing it for 15- 20 years on other platforms. This is not new.

    • @andrewp4220
      @andrewp4220 Місяць тому +3

      @@bmccoy29 - if you’ve been doing it, it’s probably through an offshore online site. Which technically is illegal

    • @JohnSmith-pg9ns
      @JohnSmith-pg9ns Місяць тому

      ​@@bmccoy29FBI look into this guy

  • @zksharpe2370
    @zksharpe2370 Місяць тому +4

    Please can anybody tell me if they’ve honestly made any money with Kalshi

    • @dannyjames-h9y
      @dannyjames-h9y Місяць тому

      If you can ACTUALLY make money on Kalshi ur kinda wasting ur time, u can use those efforts and research to make far more on the stock market with options trading and actually get a fair payout every time on losses and wins

  • @gavinhelgeson2880
    @gavinhelgeson2880 Місяць тому +3

    Bet on Red.

  • @BuendiaAllan
    @BuendiaAllan Місяць тому +2

    Those who gamble for Trump will regret it, Losers bet is a good profit for developer.

  • @kbram7363
    @kbram7363 Місяць тому +8

    cnbc is tiring into trash

  • @Watercoolerchat
    @Watercoolerchat Місяць тому +13

    This is straight up gambling. What the hell are we doing here?!?

    • @Hannibalbarca2323
      @Hannibalbarca2323 Місяць тому +8

      As opposed to what? You sound bewildered that one plus one equals 2

    • @Watercoolerchat
      @Watercoolerchat Місяць тому

      ​@@Hannibalbarca2323 gambling on an online trading platform? Might as well open a Robinhood Hotel & Casino & Bank in Vegas.

    • @shanes1221
      @shanes1221 Місяць тому +3

      Omg gambling!

  • @makeartcda4294
    @makeartcda4294 Місяць тому +2

    Robinhood is a bunch of crooks. Do not spend one dime with Robinhood .

  • @dannyjames-h9y
    @dannyjames-h9y Місяць тому

    I smell some "inside trading" in the near future with what ever they offer, if they did a real deep dive into these million $ bets i wonder how many of them would be tied to the bet offered weather that be working or family/friends. but anyway, props to them for disguising a "sportsbook" as a portfolio and investment app.

  • @Z.November
    @Z.November Місяць тому +14

    They need a younger panel

  • @JamalJones-y9d
    @JamalJones-y9d Місяць тому

    Just downloaded and verified myself.

  • @NPAMike
    @NPAMike Місяць тому

    I mean it might influence people to vote. Lets say you look at the odds and your like oh no my candidate might lose and then it spurs you and others to vote to even it out.

  • @ceazy8130
    @ceazy8130 27 днів тому

    People say you came in cash out this app is like a scam I hope it's not a scam

  • @max-nm6qx
    @max-nm6qx Місяць тому

    "THE TWO PARTY VOTE SYSTEM "BY PROF WALTER VEITH POWERFUL POWERFUL WATCH TRUTH ALWAYS WINS GOD SEES EVERYTHING KNOWS EVERYTHING ❤

  • @whatsgood22022
    @whatsgood22022 Місяць тому +1

    Sorkin is such a snake.

  • @tonybaeza6189
    @tonybaeza6189 Місяць тому

    Watch the contradiction at 1.25

  • @freedomlife3623
    @freedomlife3623 Місяць тому

    Those companies are lychee on the society. Shame.

  • @max-nm6qx
    @max-nm6qx Місяць тому

    "WHO REALLY CONTROLS ALL SECRET SOCIETYS "BY PROF WALTER VEITH POWERFUL POWERFUL WATCH TRUTH ALWAYS WINS GOD SEES EVERYTHING KNOWS EVERYTHING ❤

  • @MARMARMAR1434
    @MARMARMAR1434 26 днів тому

    Tarek will get raided next after polymarket

  • @SukunaSentMe
    @SukunaSentMe Місяць тому +8

    Fire the anchors.

  • @smurfdurf7422
    @smurfdurf7422 Місяць тому

    Why did they keep cutting him off lol

  • @factsnofeeling
    @factsnofeeling Місяць тому

    Ill stick with hood.

  • @spudz623
    @spudz623 Місяць тому

    They are literally offering a deal of “bet $100 on Trump get $175” so I wouldn’t respect any of their “probabilities”

    • @ramprat5812
      @ramprat5812 Місяць тому

      You’re not great at math are you?

    • @WattWireNet
      @WattWireNet Місяць тому

      @@ramprat5812 Yeah, I think spudz is forgetting the original $100 investment. And if the odds still seem crazy he should place a bet, lol.

  • @MadelineRodriguez-ud5bb
    @MadelineRodriguez-ud5bb Місяць тому

    I bet were is my money

  • @nickrook5519
    @nickrook5519 Місяць тому

    One word D.O.G.E

  • @joshlin8642
    @joshlin8642 Місяць тому

    traded ? you means bets ...

    • @WattWireNet
      @WattWireNet Місяць тому

      And you don't think buying stocks is betting? lol

  • @DoseBoi303
    @DoseBoi303 Місяць тому +4

    Yes, let's all take into serious consideration the actions of degenerate gamblers

  • @LamarPassmore
    @LamarPassmore Місяць тому +2

    Quran 2:219 "They ask you about wine and gambling. Say, 'In them both lies grave sin, though some benefit, to mankind. But their sin is more grave than their benefit'".
    Quran 5:90-91 "O believers, wine and gambling, idols and divining arrows are an abhorrence, the work of Satan. So keep away from it, that you may prevail".
    Yunus was thrown overboard for casting lots

  • @Muricans1776
    @Muricans1776 Місяць тому

    Tarek seems very fast talking and slightly nervous …. Hope this is a vetted , compliant and regulated gambling app.

    • @smurfdurf7422
      @smurfdurf7422 Місяць тому +2

      They kept cutting him off mid sentence

  • @mgv19able
    @mgv19able Місяць тому +14

    Trump 2024.

    • @BitchBasss
      @BitchBasss Місяць тому

      ...to LIFE, no parole! 💙 💙 💙

    • @WattWireNet
      @WattWireNet Місяць тому

      Put your money where your mouth is, place a bet!

  • @rajpar7186
    @rajpar7186 Місяць тому +2

    Silly argument to say will it sing opinions and try controlling it - we are living in free market and more information for people its good
    betting gives odds and people are free to make decisions based on that - if you try to control that - you are questioning American peoples judgement and intelligence

  • @changedlife1904
    @changedlife1904 Місяць тому

    Yall so sad because trump will make america great so very strange !!!!! 😂😂😂🎉🎉🎉🎉🎉🎉🎉🎉🎉 Lets go trump !!!!

  • @madliberal7710
    @madliberal7710 Місяць тому

    This a scam.

  • @TVTV-b3f
    @TVTV-b3f Місяць тому +2

    RETIRE DINOSAUR JOE! The world is evolving, your hosts need new faces!