Financial advice from Grandpa Mike

[burk11]

Greed, inept management, and multiple deals with the devil have brought the NCAA's chickens (NIL) home to roost. There is a dotted line of corporate corruption from Sonny Vaccro through Ed O'Bannon (case) through John Calipari. Unraveling this mess will difficult, and likely very painful.

NIL compensation a good start.
"Let the market decide"? Mmm, maybe, but unlikely. A lot of worms.

 

[PD4thespawn]

Greed, inept management, and multiple deals with the devil have brought the NCAA's chickens (NIL) home to roost. There is a dotted line of corrporate corruption from Sonny Vaccro through Ed O'Bannon (case) through John Calipari. Unraveling this mess will difficult, and likely very painful.

NIL compensation a good start.
"Let the market decide"? Mmm, maybe, but unlikely. A lot of worms.

At least everything will be above board. That is all we can really ask for, right?

 

[24 so far]

At least everything will be above board. That is all we can really ask for, right?

No such thing. Backroom deals being offered before anyone even thinks about entering the portal. This is no different than anything else. It will be exploited. Guaranteed.

 

[iowaHOXXX]

No such thing. Backroom deals being offered before anyone even thinks about entering the portal. This is no different than anything else. It will be exploited. Guaranteed.

This was already happening before NIL and before the transfer portal.

NCAA football/basketball and wrestling NILs are two different worlds, but let's talk about football for now. Free school, books, room, etc, quite often do not meet the same admission guidelines as a nonathlete student. They are given the best nutrition, training facilities for all aspects of the sport, trainers, strength and agility coaches and tutors to help keep them eligible. All at no monetary expense for them or their parents. Most are there in hopes of signing a million, dollar NFL contract and some will get a college degree along the way, but many will not. Why do they need to be paid while they are amateur athletes getting everything for free while getting the best training in the world??

If we can put a limit on how much an adult NCAA football player can make, why can’t we do the same for a CEO? After all, they should be happy with just a cool million and some travel perks right? Some will make the company more successful and go on to be CEOs somewhere else and some will not. They have access to assistants, consultants, the best executive coaches out there that the company will pay for. All at no monetary expense to themselves or their parents while they are CEO. They get the glory of being CEO and having everyone watch them in meetings. Can’t imagine why they would need any more than that.

 

[vhsalum]

This was already happening before NIL and before the transfer portal.


If we can put a limit on how much an adult NCAA football player can make, why can’t we do the same for a CEO? After all, they should be happy with just a cool million and some travel perks right? Some will make the company more successful and go on to be CEOs somewhere else and some will not. They have access to assistants, consultants, the best executive coaches out there that the company will pay for. All at no monetary expense to themselves or their parents while they are CEO. They get the glory of being CEO and having everyone watch them in meetings. Can’t imagine why they would need any more than that.

Thank you. It's incredible to me the perception that some people have that a "cap" should be placed on athletes who are making an enterprise MONEY. No where else in our capitalist society would that be even REMOTELY acceptable - but some how collegiate athletics is where we draw the line.

 

[BanjoSaysWoof]

Not even close to what I'm saying and you know it. Getting a free education, living, food, strength & agility training, in top of the line facilities with a whole lot of other perks and be able to showcase their talents on national television isn't enough???

“Isn’t enough”. So you believe in a wage cap. That’s not debatable. You believe in limits to compensation between private parties. That’s okay. You’re not the only one. But don’t spin it in any other way. Plain and simple you support restrictions on how much someone can earn.

the dems have a big election coming up, and you can help. Make sure you vote for the people who align with your values, like wage caps.

 

[24 so far]

This was already happening before NIL and before the transfer portal.

Comprehension is hard.

 

[T8KUDWN]

This was already happening before NIL and before the transfer portal.


If we can put a limit on how much an adult NCAA football player can make, why can’t we do the same for a CEO? After all, they should be happy with just a cool million and some travel perks right? Some will make the company more successful and go on to be CEOs somewhere else and some will not. They have access to assistants, consultants, the best executive coaches out there that the company will pay for. All at no monetary expense to themselves or their parents while they are CEO. They get the glory of being CEO and having everyone watch them in meetings. Can’t imagine why they would need any more than that.

I guess if that's the way you look at it. A lot different than the way I see it, but to each their own. A CEO can be fired if they don't live up to the expectations. Can the same be done to an NIL athlete? I wonder if they will start negotiating for more vacation time and sick leave also??

 

[el dub]

“Isn’t enough”. So you believe in a wage cap. That’s not debatable. You believe in limits to compensation between private parties. That’s okay. You’re not the only one. But don’t spin it in any other way. Plain and simple you support restrictions on how much someone can earn.

the dems have a big election coming up, and you can help. Make sure you vote for the people who align with your values, like wage caps.

Huh?

 

[BanjoSaysWoof]

Huh?

Wage caps are frequently suggested by the party that I am fairly sure he hates. I was just pointing out the logical inconsistency in the douchiest way possible.

 

[BanjoSaysWoof]

Also @T8KUDWN i appreciate you reacting with a haha and not taking my joke way way way too personally. Enjoy your day bro. I got golf to plays.

 

[el dub]

Wage caps are frequently suggested by the party that I am fairly sure he hates. I was just pointing out the logical inconsistency in the douchiest way possible.

Yeah, well, I like irony better than ironing. So there.

 

[el dub]

Also @T8KUDWN i appreciate you reacting with a haha and not taking my joke way way way too personally. Enjoy your day bro. I got golf to plays.

I’m hoping Phil Lesh “deforms” his ways in CO.

 

[Bedivir]

The financial advice to promote the financial market, which was given to me recently, was the need to study the state of the legislation in the financial market and the prospects for its improvement, taking into account the interests of the country's subjects. Further, an important aspect is monitoring and analyzing financial market development and preparing recommendations and proposals to state authorities and other bodies authorized to regulate the financial market. All this would not do without the right help. In this regard, I found GSB Capital, which will accompany me until I reach my goals and help me with my financial needs.

 

[ao_coachphil]

Looks really comfortable with Ms Hiss around his neck

View embedded media

So good to know KemDawg keeps such good company....

 

[anon_0pi0cv8t1ggvb]

This guy is still too young to advise because he hasn't even graduated from college yet. In my opinion, financial advice should be given by real professionals with knowledge in investment management. To date, the Internet is full of similar videos, but tell me, did they help anyone? I doubt it! I have been investing in cryptocurrency for 2 years, but I am still searching for new information. I must say that the economic market is constantly changing, and yesterday's advice may not be relevant today.

🤡

 

[BanjoSaysWoof]

The financial advice to promote the financial market, which was given to me recently, was the need to study the state of the legislation in the financial market and the prospects for its improvement, taking into account the interests of the country's subjects.

I run a small to midsize crypto hedge fund.
Everything, even the majors, is a shit coin. You can’t, with conviction, say bitcoin won’t be the AOL of crypto when we get to web 4.0. Take your profit when you can. We make most of our money in a month for the whole year. The rest of the time is spent searching for proper risk reward opportunities.

a nickels worth of free advice, no refunds.

 

[Trapper85]

I run a small to midsize crypto hedge fund.
Everything, even the majors, is a shit coin. You can’t, with conviction, say bitcoin won’t be the AOL of crypto when we get to web 4.0. Take your profit when you can. We make most of our money in a month for the whole year. The rest of the time is spent searching risk reward opportunities.

a nickels worth of free advice, no refunds.

Do you plan to gobble up all the bitcoin we sell after taking your advice? 🙂

 

[BanjoSaysWoof]

Do you plan to gobble up all the bitcoin we sell after taking your advice? 🙂

lol no.

In the broad universe of financial instruments, all products have a required return rate relative to the risk free rate to justify further capital appreciation. As the interest rates increase and the post covid economic engines begin to hit full speed, alternative asset classes become more attractive for capital which would otherwise be put into speculative innovation. Crypto naturally will get crowded out as capital seeks more reliable, higher rates of return from instruments such as private placement, real estate, cash flow positive equities, corporate debt and the like.

put another way, we have enough investors in society, we need “builders”. The markets are just part of the economy; the actual consumption and production is the other part. The latter will now get its turn to attract capital.

 

[PD4thespawn]

The financial advice to promote the financial market, which was given to me recently, was the need to study the state of the legislation in the financial market and the prospects for its improvement, taking into account the interests of the country's subjects. Further, an important aspect is monitoring and analyzing financial market development and preparing recommendations and proposals to state authorities and other bodies authorized to regulate the financial market. All this would not do without the right help. In this regard, I found GSB Capital, which will accompany me until I reach my goals and help me with my financial needs.

Authorized to regulate the financial market. Taking into account the interests of the country's subjects. That's some funny stuff.

The only subjects they care about are the banksters. That is all you you need to keep in mind while trading. Good luck.

Watch gold today.