How Money Works is a faggot

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We got a sudden surge of "self-made daytraders" trying to shill young boys into buying their courses and shit here suddenly.

Their portfolio? Google "top 10 biggest companies" and they only buy in 4 of those.
 
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1999 prick said:
FINALLY! a thread on this faggot.
Can we also include Atrioc? I honestly think he is an even bigger faggot than How Money Works.
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To HMW's credit, at least he hasn't been caught jerking it to AI deepfake porn of his female coworkers
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Foxxo said:
What I saw was that median wage growth was 3.3% or something (below inflation), but that the bottom 10% had 7.6% wage growth and the bottom 25% had 5.4%. This could be solely due to minimum wage hikes, however.

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The top 25% must be doing pretty badly, if there is (or was) stellar wage growth for the top 1% or 0.1%.
These are stats from a New York Times article, though.

Source Video (roughly the 14:20 mark)

EDIT: If that's just the percent change over 5 years, then no one's doing well at all, and both The New York Times and the YouTuber who showed this article have some explaining to do. I would assume it's yearly, though, or maybe monthly...
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I just want to point at that 1% is literally the middle class. and not usually millionaires & billionaires.

if i'm at the bottom 1% mark of the usa how much money do I make anually? like what? maybe 40k$?
 
Here's some actually useful information about how money works: the amount of money you get in life is determined by what you do, who you do it for, your ability to do it, and the ease of replacing you. All of this assumes you play by the rules and aren't a useless eater in Washington.

As an example, brain surgeons make six figures because they provide a needed service and are hard to replace. They don't make more because they only provide services to people who need it. Football players, by contrast, provide an image that is replicated on sports paraphernalia, draws advertisers for games, and draws people to stadiums (and the stadium's associated economy); they sit at the center of a multibillion dollar web, and their eight figure deals are both an acknowledgement of how they drive that economy, and their cut of the profits. This also cuts another way. Ferrari makes luxury sports cars for the uber rich; they don't sell a lot of cars relative to Honda or Ford, but what they do sell commands top price.

This also works if you have no morals. Genshiro Kawamoto bought up prime real estate in California and Hawaii to rent out at a premium. Scummy, yes, but also quite lucrative.

The applicable moral is this: either provide an excellent product/service for the maximum number of people possible, or provide and charge a lot for an irreplaceable product/service for the super rich. If you're unable or unwilling to do so, invest in a company that is doing so, bearing in mind that your reward will be proportionate to the size of your investment.

Disclaimer: not a financial advisor
 
ArgonianVoter said:
I just want to point at that 1% is literally the middle class. and not usually millionaires & billionaires.

if i'm at the bottom 1% mark of the usa how much money do I make anually? like what? maybe 40k$?
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Lol what? 40K doesn't even put you in the top 50%, but you are correct to say that there's a huge disparity of wealth between the people in the top 1%. It could mean the difference between making 250K a year or 250M a year. Yet for some mysterious reason I can't find a contemporary chart that breaks it down past 250K.
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Sexy Senior Citizen said:
Here's some actually useful information about how money works: the amount of money you get in life is determined by what you do, who you do it for, your ability to do it, and the ease of replacing you. All of this assumes you play by the rules and aren't a useless eater in Washington.

As an example, brain surgeons make six figures because they provide a needed service and are hard to replace. They don't make more because they only provide services to people who need it. Football players, by contrast, provide an image that is replicated on sports paraphernalia, draws advertisers for games, and draws people to stadiums (and the stadium's associated economy); they sit at the center of a multibillion dollar web, and their eight figure deals are both an acknowledgement of how they drive that economy, and their cut of the profits. This also cuts another way. Ferrari makes luxury sports cars for the uber rich; they don't sell a lot of cars relative to Honda or Ford, but what they do sell commands top price.

This also works if you have no morals. Genshiro Kawamoto bought up prime real estate in California and Hawaii to rent out at a premium. Scummy, yes, but also quite lucrative.

The applicable moral is this: either provide an excellent product/service for the maximum number of people possible, or provide and charge a lot for an irreplaceable product/service for the super rich. If you're unable or unwilling to do so, invest in a company that is doing so, bearing in mind that your reward will be proportionate to the size of your investment.

Disclaimer: not a financial advisor
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You forgot one thing, there are like 1-5% of the players just estimating are the headliner in a professional sports league that draw the crowds, the rest are the 1-5 year players that earn something like a neurosurgeon but for a few years but ultimatley forgotten. Even the forgotten ones are like 1 in 500K. Those headliners are 1 in 10 million. So, we're talking at the extreme top of ability here.
 
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I banished How Money Works from my youtube feed because he is a ponderous faggot who does the annoying as shit practice of reading wikipedia history articles. I swear, every time I hear, "before we get to that, we need to go back to 19xx to understand-" I know for a fact I've stumbled upon a content slop channel. It's so fucking easy. Just collect a few current year articles to get your talking points, read the wikipedia article for the history of whatever it is you're making a video on, slip in some ad reads, make sure you're being a good goy boy for ToS, and BAM-you're making easy ad money. All it takes is being comfortable making youtube a worse platform by contributing to the WALL-E trash mountains of slop content that runs rampant on the site.

I guarantee this faggot also isn't nearly as much of a doomer as he portrays himself. He's in finance, he gets markets, and he's probably setting himself up for a cushy retirement with this slop mill.
 
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There's also a new Britfag called Gary Stevenson whom the Left are lauding as a financial 'God' because he simultaneously hates wealthy people for creating jobs but lies to poor people saying that 'Migrants coming to your country aren't why your Gran can't get a Hospital appointment.'

He's also a scaredy cat who blocks anybody who calls out his BS. Like Rachel Reeves but with a penis.
 
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