"Stock Pickers" Are Scamming YOU! Here's How

"Stock Pickers" Are Scamming YOU! Here's How. www.watchdogonwallstreet.com

Episode Transcript

Speaker 1 (00:00):
The Watchdog on Wall Street podcast explaining the news coming
out of the complex worlds of finance, economics, and politics
and the impact that we'll have on everyday Americans. Author,
investment banker, consumer advocate, analyst, and trader Chris Markowski.

Speaker 2 (00:16):
Listen carefully, don't doubt me. I use that all the time.
I tell my kids all the time. I see you guys,
got to get me for Father's Day. You got to
get me a shirt that says don't doubt me across
the front of it. Anyway, Listen, I'm not being arrogant
or egotistically here. I'm cracking a joke. Okay, Listen, If

(00:38):
you pay close attention, play close attention to this podcast
and most certainly the Weekend Show, do a lot more
financial stuff on the Weekend Show, you're going to gain
insight into some of the things that we're doing at
Markowski Investments. And if you do that, you're going to

(01:00):
to get some direction and how we're heading. Listen, I
am being honest. People ask all the time, why don't
you go to the show and give recommendations. No, no,
I don't do that, because again, people do stupid things.
People do stupid things. If I come on the show
and I say, hey, you know what I think that

(01:22):
I don't know. I'm gonna say x y Z. I
don't want to say a thing X y Z company
is fantastic or this commodity is going to be awesome,
whatever it may be. Foolish people will go out and
they will put all their money into something like that.
We don't do that. I don't do that. I have
we have great ideas and insight the things all the time.
Do I go all in? No, that's stupid. You want

(01:47):
to know why. Guess what. I'm human. I'm human and
I can be wrong. You know. People say, oh yeah, gee,
look that idea that wo Man, but you wish you
did more. I don't do that. We don't do that.

(02:12):
There's a reason why we diverse, why we sell things
at certain periods of time. Yesterday, a money manager that
I have a great deal of respect for did something
that we didn't do. I mean, he unloaded all of
his Invidios stock over a year ago. And ah Man,
at least like he was in an interview he was like, boy,
oh boy, I'm licking my chops on that one. He

(02:34):
still made a fortune on it. He still made a
fortune on the company. He just sold out a certain
period of time. But the reality is you never go
poor taking profits and you're never ever going to get
in at the exact bottom or out at the exact top.
Why I say, listen carefully, don't doubt me. I will

(02:55):
not I will not give specific recommendations ever. It's something
that we don't do. Okay, if you want those real simple, Okay,
get to our website, sign up for our personal CFO program,
open up a damn account, and you'll see what we do, okay,
and how well we do. See it for yourself. Okay,

(03:17):
but we will give you ideas here when it comes
to trends and the way things are heading. And yeah,
don't have to ask me. Yes, go around, do your
own homework on what we do here at Markowski Investments.
I'm not gonna I'm not gonna toot my own horn.
I'm not gonna toot my own horn. Do your own homework.

(03:38):
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