INVESTING WITH DUMMIES #3

So, so for those of you listening, didn't know, uh, Webull is a trading platform and, uh, uh basically the senate had a had a committee a bipartisan committee and they believe that they have more they're not disclosing their ties to china um which caused the stock to crash i think the big concern was that everyone had was is that uh we will then come out with a statement um And I think people are open that they either come out and say, no, they're lying, or no, here's the reason.

And I'd actually commented on – I believe it was on X.

It might have been on Substack to investify.

I said, yeah, that Vlad, you know, the CEO and founder of Robinhood, I saw him in an interview about six months ago.

They had that whole debacle of turning off the buy button with, you know, GME and stuff like that there.

He admits that he didn't have good mentors back then.

And I thought the best answer was just don't answer.

Just don't.

don't, I don't have to explain myself.

I don't have to tell the people what it's at.

And then he realized that it was a detriment to him.

Um, so, you know, he, he's, uh, you know, basically in the interview, he admitted that his biggest mistake was not coming out broad shouldered and taking it like a, taking it like a man.

And, and he also explained, you know, there was, you know, after you listen to the explanation, um, although it wasn't right, they weren't like brokerage to do it.

And, um, Starting off, they might have gotten in bed with some of the wrong people.

I mean, it was basically a forced funding issue.

So when he explains it all, it makes a little more sense.

But I think if he would have came out and explained it, whether you liked it or didn't like it, at least you'd go, okay, not happy with it, but that makes sense.

And I think the same thing with Webull.

They basically, late yesterday, put out just a vanilla, you know, you might be hearing this stuff.

it was really just vague.

It was like, you know, they probably had some interim write it.

So, um, you know, I, I think that, uh, we both should learn from the other, uh, people that have made mistakes that maybe, you know, go ahead and be transparent and say what, what the findings were and, And whether we like it or don't like it, at least we have the honest answer, you know?

I agree.

I was going to say, whether we like it or don't like it, we can respect it.

And I think that goes a long way.

So, so for those of you listening, didn't know, uh, Webull is a trading platform and, uh, uh basically the senate had a had a committee a bipartisan committee and they believe that they have more they're not disclosing their ties to china um which caused the stock to crash i think the big concern was that everyone had was is that uh we will then come out with a statement um And I think people are open that they either come out and say, no, they're lying, or no, here's the reason.

And I'd actually commented on – I believe it was on X.

It might have been on Substack to investify.

I said, yeah, that Vlad, you know, the CEO and founder of Robinhood, I saw him in an interview about six months ago.

They had that whole debacle of turning off the buy button with, you know, GME and stuff like that there.

He admits that he didn't have good mentors back then.

And I thought the best answer was just don't answer.

Just don't.

don't, I don't have to explain myself.

I don't have to tell the people what it's at.

And then he realized that it was a detriment to him.

Um, so, you know, he, he's, uh, you know, basically in the interview, he admitted that his biggest mistake was not coming out broad shouldered and taking it like a, taking it like a man.

And, and he also explained, you know, there was, you know, after you listen to the explanation, um, although it wasn't right, they weren't like brokerage to do it.

And, um, Starting off, they might have gotten in bed with some of the wrong people.

I mean, it was basically a forced funding issue.

So when he explains it all, it makes a little more sense.

But I think if he would have came out and explained it, whether you liked it or didn't like it, at least you'd go, okay, not happy with it, but that makes sense.

And I think the same thing with Webull.

They basically, late yesterday, put out just a vanilla, you know, you might be hearing this stuff.

it was really just vague.

It was like, you know, they probably had some interim write it.

So, um, you know, I, I think that, uh, we both should learn from the other, uh, people that have made mistakes that maybe, you know, go ahead and be transparent and say what, what the findings were and, And whether we like it or don't like it, at least we have the honest answer, you know?

I agree.

I was going to say, whether we like it or don't like it, we can respect it.

And I think that goes a long way.