Hips Don't Lie, But Bank Accounts Do

EPISODE · Oct 11, 2021 · 47 MIN

Hips Don't Lie, But Bank Accounts Do

from Skippy and Doogles Talk Investing

Who has two thumbs and is giving up almost $400k per game this year in the NBA? Kyrie Irving. The convo starts with the quizzical nature of that choice, and then moves on to the equal quizzical nature of how it's easier to invest in Non Fungible Tokens (NFTs) than startup companies. Speaking of NFTs, next Doogles brings up listener mail re a Vice article covering the recent Evolved Apes NFT scam where the NFT creators took over with over $2m from investors. Next up — hiding money overseas. And, allegedly, that's exactly what Shakira is doing according to the Pandora Papers, a recent data leak investigated by the International Consortium of Investigative Journalists (ICJ). Skippy parlays that into a conversation about a 2021 PBS documentary on the Fed, where there's a claim that the Fed isn't after supporting the rich, they're after supporting the poor...which just so happens to make the rich richer. Doogles raises a couple more points of greed — Robinhood's COO trading on Material Non-Public Information and Ozy Media faking voices on conference calls to raise money.The episode wraps with a stock that Doogles is thinking about to get into, his first potential new investment since Q1 of this year.

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Hips Don't Lie, But Bank Accounts Do

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