Why Millennials Are The Poorest Generation?

  Рет қаралды 178,317

Honestly by Tanmay Bhat

Honestly by Tanmay Bhat

Күн бұрын

In this video, Akshay explains to us why Crypto is important for the poorest generation alive to attain financial freedom. In effect: Dogecoin will lead to world peace.
The Bitcoin bubble video: • The bitcoin : bubble
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Video edited by Jaydeep Dholakia: / dholakiajaydeep
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DISCLAIMER:
The information contained herein is for informational and entertainment purposes only. Nothing herein shall be construed to be financial, legal or tax advice. Trading cryptocurrencies poses a considerable risk of loss and viewers are advised to do their own research before making any decisions.
#Millennials #Ponzi

Пікірлер: 276
@Xavierpng
@Xavierpng 2 жыл бұрын
This video's just a financial literacy class in a funny way. It really changed my perspective. Thanks bro for making this valuable content. Keep it up.
@siddharthgupta219
@siddharthgupta219 2 жыл бұрын
Now change ur name to financial nub
@mikorees5853
@mikorees5853 2 жыл бұрын
St. Xavier approves this lesson
@Amera01
@Amera01 2 жыл бұрын
@@mikorees5853 😂😂😂
@VishalLadhaVlogs
@VishalLadhaVlogs 2 жыл бұрын
Xavier's me admission kra dogge kya?
@Abhishekaditya91
@Abhishekaditya91 2 жыл бұрын
when Xavier is serious.
@AK-jl7py
@AK-jl7py 2 жыл бұрын
wow what a presentation! Gained a lot from it. Keep posting such informative yet funny stuff on youtube.
@manishmv0223
@manishmv0223 2 жыл бұрын
The content on this channel is gold ! Please post more often
@hiren11
@hiren11 2 жыл бұрын
Akshay must try comedy as an alternate career if his investments don't give him enough return.
@pscadvocate7312
@pscadvocate7312 2 жыл бұрын
he had me with Ankur warikoo's thesis on FD :D
@renilkotak5684
@renilkotak5684 2 жыл бұрын
Help me out with the reference link if possible? Looked it up, but couldnt find it
@sai2803
@sai2803 Жыл бұрын
@@renilkotak5684 9:53
@aashitamundra5931
@aashitamundra5931 2 жыл бұрын
This was very informative, effective, and funny way of delivering the idea. I honestly loved and enjoyed learning from you guys. Thank you.
@gnxtpankaj
@gnxtpankaj 2 жыл бұрын
Fuk I never thought that way before... It all make sense why Zomato, Paytm gone public..😳
@shrin210
@shrin210 2 жыл бұрын
Late realisation bro
@therandomlist8084
@therandomlist8084 2 жыл бұрын
Why? Can someone please explain. Sorry I'm dumb.
@Keenobserver108
@Keenobserver108 2 жыл бұрын
@@therandomlist8084basically, first all the losses Zomato made was borne by the investors/VCs of Zomato, but even they got an exit via the IPO, where they sold the heavy loss making asset (Zomato) to the retail investors and got a huge 9000 crore return from the IPO. So effectively all the loss was shifted from the institutional investors to retail investors of Zomato.
@therandomlist8084
@therandomlist8084 2 жыл бұрын
@@Keenobserver108 woah thanks man, appreciate it
@manbirsinghsidhu567
@manbirsinghsidhu567 2 жыл бұрын
Being Honest! Ghanta Samaj nhi aya. baki bhai ne siraa boleya
@naitikjain3277
@naitikjain3277 2 жыл бұрын
Tanmay's audience is very young. To all the people jumping because they want to invest, earn money, live life etc etc, dekh bhai, ye sabb sapne acche hai but you won't achieve anything without hardwork and smartness. INDIA's median age is approx 28.6. We are the future of India. We are the ones who will shape India. Do your part, we need to make India the greatest country.
@PTeja007
@PTeja007 2 жыл бұрын
Tanmay : Jokes about his liquid fund investment😂😂😂 Same Tanmay : is the Angel investor in smallcase along with Zerodha and Lenskart CEOs😎😎😎 Wah Wah Wah Wah Wah Wah Wah Wah 👏🏻👏🏻👏🏻
@sakshibhatia3282
@sakshibhatia3282 2 жыл бұрын
I love how tanmay is experimenting with whatever he finds interesting. 👏👏👏 How he used a more interesting title to reach.
@Prafull_billore
@Prafull_billore 2 жыл бұрын
Wow 🤩 Golden nuggets
@sonvirrana
@sonvirrana 2 жыл бұрын
On this channel Tanmay is really a youth icon, youth icon.
@shashankshivarkar2499
@shashankshivarkar2499 2 жыл бұрын
Ankur Warikoo : Mereko kyu toda
@kumarj693
@kumarj693 2 жыл бұрын
Loved this guys, keep making more of these...Good work Akshay. Amazing way of executing Information. Thanmay: Buy cheap sell expensive & enjoy ur Bunny 👏😁
@ranjitgyawali220iq5
@ranjitgyawali220iq5 2 жыл бұрын
Why millennians are poorest generation ? ans :- cause you boomers won't let us to earn
@PaulsArena
@PaulsArena 2 жыл бұрын
Umm boomers arent even the parents of Millenials...they're parents of Gen z
@aastikahuja5573
@aastikahuja5573 2 жыл бұрын
@@PaulsArena parents hai, iski wajah se thodi the boomers aren't letting us earn. They control the market. That's the reason. Which parent will stop their kids from earning anyway? 🤣
@GoodSoulPossible
@GoodSoulPossible 2 жыл бұрын
Just like Nehru doesn't let Modi ji work.
@mehulgarg7948
@mehulgarg7948 2 жыл бұрын
True, coz people superchat them, and then we say why are we poor. As everyone knows most demographic age is 15-25, and my mind blows when I see the amount of people superchat on their streams.
@IndianHomer
@IndianHomer 2 жыл бұрын
Being a millenial how do I explain this to my parents 😂😂.
@jaydipkarar
@jaydipkarar 2 жыл бұрын
You fuckin'can't 😊😂😂
@krat9707
@krat9707 2 жыл бұрын
being a millenial u are fucking independent and not with ur parents ....... ur age should be around 35ish to be called millenial
@shreyashrivastava4840
@shreyashrivastava4840 2 жыл бұрын
@@krat9707 not really. the youngest millenial can be 23 as well (1999 born)
@shreyashrivastava4840
@shreyashrivastava4840 2 жыл бұрын
@@manaschoudhary3924 op talked about them being a millenial but not able to communicate with their parents, it means they must be younger. While the other commenter mentioned how you have to be 35ish to be a millennial. That's completely not true you can be anywhere between 23 years to 42 years of age.
@YashX8
@YashX8 2 жыл бұрын
@@shreyashrivastava4840 (22 not 23) i am 1999 born millenial
@aravindbachu5502
@aravindbachu5502 2 жыл бұрын
Extremely good discussion. However, remember that even in such trashy times, startups with positive unit economics will remain as good as gold. Startups with low, but positive yield upto 5% will effectively end up absorbing the insanely high liquidity floating around in about 30-40 years and secure a bit of future for Millinneals.
@noahtiedemann1054
@noahtiedemann1054 2 жыл бұрын
Man, this could be a TED talk xD Great info
@adityasethi9794
@adityasethi9794 2 жыл бұрын
Respect for tanmay. Good stuff he's putting to educate people. And the guy's explanation was fabulous. Hard concepts in an interesting manner.
@animeshbanerjee8600
@animeshbanerjee8600 2 жыл бұрын
The E in P/E is earnings & that's what makes stocks not ponzi & crypto ponzi. Keep it simple.
@gregzz
@gregzz 2 жыл бұрын
This is true in the US. You need to read local news too guys.
@StranGTGamer
@StranGTGamer 2 жыл бұрын
This channel is more important than my other classes i feel😬
@raulasharma
@raulasharma 2 жыл бұрын
One of the best things I have seen recently ..short and crisp to the point 👍
@bigul_siwach
@bigul_siwach 2 жыл бұрын
We need more from Akshay 🤣❤️❤️❤️
@DeepakSoni-ss4he
@DeepakSoni-ss4he 2 жыл бұрын
Thank you for sharing knowledge... Looking forward to many more videos like this.... Also let us know what should we do make a beeter future for us.
@natalkumar6132
@natalkumar6132 2 жыл бұрын
There are a few errors here. First industrial output and productivity were major factors to support startups. It would have never become an MLM scheme had society only invested in startups that increase industrial profitability, output and last productivity for minimal time and effort which is what companies like Google, Microsoft, GE, Samsung, IBM, SAP and all are trying to do. Where are the startups which were expected to be the next GAFAM(Google, Apple, Facebook, Amazon, Microsoft) or the next Bell Labs or GE or Siemens or Samsung? Where is the start-up in Nuclear Power, AI, in 3d Printing, Quantum Computing, Space Tech? All I see is Tesla, Neuralink, OpenAI while Google is close to Quantum Supremacy, Facebook is getting to AI peak, 3d printing is being invested in by Amazon, Tesla and Samsung and lastly, I don't see anything in nuclear power.
@yogesh2384
@yogesh2384 2 жыл бұрын
Phew that was a lot to digest. Was wondering about what you mentioned about wealth transfer from the richest generation to the poorest generation - although the generations are different isn't crypto undemocratic to some level as well? How do you think the wealth spread is in the crypto world? Isn't it just two peaks and a valley in the middle?
@waterandair
@waterandair 2 жыл бұрын
I have the same question, especially since he mentioned boomers are buying crypto and institutionalising it too
@varunupadhyay2488
@varunupadhyay2488 2 жыл бұрын
Great presentation sir, learned a lot!!
@HardikJain007
@HardikJain007 2 жыл бұрын
What a nice way of presenting this. Great job Akshay! 🙌🏻
@shadabahmed1925
@shadabahmed1925 2 жыл бұрын
14:51 Press F for samay's joke
@noelsoreng720
@noelsoreng720 2 жыл бұрын
Mind Blowing Information … Seriously giving a second thought regarding career option & how to have a safe and secure life in the future 🔥 This was surely not a Comedic Rant, But was a reality check in life.
@sanishchirayath4149
@sanishchirayath4149 2 жыл бұрын
what we can do is... Never invest in IPOs or SPACs... Never until the PE is 10
@asmit4847
@asmit4847 2 жыл бұрын
One of best videos on this channel. Please keep them coming.
@top100classicalmusic3
@top100classicalmusic3 2 жыл бұрын
US treasury is not the safest place on earth to save money... BTC is!
@sankhuz
@sankhuz 2 жыл бұрын
Does it apply to India too?
@shubhansingh04
@shubhansingh04 2 жыл бұрын
But in what way is crypto better than stocks? Stocks represent a working company, which is generating wealth, and then profit it's investors, it is something which is actually running your soceity. But crypto is largely a currency, it has no inherent value, unlike stocks, so on what grounds do you beleive that crypto is so good?
@sparshailawadi7129
@sparshailawadi7129 2 жыл бұрын
You might wanna read up a little more about the applications of block chain, it goes much beyond acting just like a currency - there are applications, communities and full fledged organisations being built on top of the tech, that's where the value comes in.
@shubhansingh04
@shubhansingh04 2 жыл бұрын
@@sparshailawadi7129 yeah, but many of those communities are largely based on money transfer and haven't gotten very big despite cyptos existing for more than 10 years, and the services are either a gimmick(ex:NFTs) or are not very important to development of soceity as a whole, they provide nothing much of value to soceity, they won't make steel or give you internet or ship your items across the globe
@sagarkulkarni2590
@sagarkulkarni2590 2 жыл бұрын
Just buy shares of crypto company 😂
@aanshsinghania7780
@aanshsinghania7780 2 жыл бұрын
I am not an expert but i will tell you why did the crypto come into existence . Crypto came into existence as a way of a "democratic currency" tbh they hated how the govt can just decide to print truckloads of money and devalue our money due to inflation . In order to prevent this crypto came into being but that said crypto too is maximum held by whales so like even they pump or dump which kinda negates the whole thing 😂😂
@nikhilbaid6723
@nikhilbaid6723 2 жыл бұрын
Oh damn, what a content. Full power to you man for making such videos 🙂💪💪👏❤️
@iamnishant26
@iamnishant26 2 жыл бұрын
This podcast made a lot of sense. Akshay talking felt like a younger Naval. Cheers Tanmay , really love your content.
@SC33041
@SC33041 2 жыл бұрын
I think the analysis by Akshay is quite flawed and one sided. Akshay sees the hours required for per unit of S&P but doesnt see the number times (of hourly wage) EPS you get for per unit of S&P. He is correct you have to work 200hrs to own 1 unit of S&P vs less than 30hrs earlier. But per unit of S&P will now give you 9x of your hourly wage in EPS vs 2x earlier. Happy to share the chart and data.
@renilkotak5684
@renilkotak5684 2 жыл бұрын
You are probably right. But EPS doesnt actually contribute to the increase of the wealth of its investors, its only one of the many indicators of the profitability and valuation of the company. What my point here is, EPS might have increased, but the YoY returns for long term from these index have always stayed somewhere around 10%. Whereas wage rates have not increased proportionately, making S&P inevitably costlier in terms of working hours required.
@avitolourenco
@avitolourenco 2 жыл бұрын
there is one simple ans, TIme value of money. Millennials cant compete to money that has been growing for yrs
@dhyeyy
@dhyeyy 2 жыл бұрын
I am seeing the new ways of content to reach the mass keep up the good work.💙
@jaitiknagpal4248
@jaitiknagpal4248 2 жыл бұрын
Very informative!!!
@entertainer5581
@entertainer5581 Жыл бұрын
it was amazing man , I and our co-founder learned so much
@arvind_tty1
@arvind_tty1 2 жыл бұрын
NASA: A big astroid nearly missed earth. Le Crypto hodlr: Thats gr8 news for crypto 😬
@CA_Hardev_Jadeja1
@CA_Hardev_Jadeja1 2 жыл бұрын
Akshay : agar bich me kahi mera joke nahi chaLa to? Tanmay : don't worry i will cover that with my loud laugh 😀
@shirishbajpai9973
@shirishbajpai9973 2 жыл бұрын
Tanmay, dhanywaad 🙌
@thokevinay
@thokevinay 2 жыл бұрын
Won't this circle of Boomers, Millenials, and GenZ keep on repeating with just the different names in the future? Unless of course, there's some really crazy financial revolution happens and every equation changes. But the fundamentals will always be the same.
@bombshell00
@bombshell00 2 жыл бұрын
This is gold. Keep posting!
@ubuntuber1619
@ubuntuber1619 2 жыл бұрын
हमरा bit वा अमरीका मां बहुत नाम कामावत है, हमरा गांव मां बड़े बुजुर्ग ओकरा टेटवा दबाई दिया ससुर।
@chinmayeejoshi4592
@chinmayeejoshi4592 Жыл бұрын
Finally. This is the most honest explationation of crypto. That it's a transfer from one ponzi scheme to another. But er, if you, like me, are priced out of the crypto party and have 0 SPDR.. ngmi 😢😢
@arpanmanna7990
@arpanmanna7990 2 жыл бұрын
What an insane learning session 👏💯 Thanks Tanmay for taking time out to make these informative podcasts 🙏
@natkhatbacche001
@natkhatbacche001 2 жыл бұрын
The price of freedom is too expensive 😭
@sankalpmoharle4974
@sankalpmoharle4974 2 жыл бұрын
Big short in a simpler n funnier way😁😁
@technorohanworld
@technorohanworld 2 жыл бұрын
Akshay got no chills 😆 Great episode!
@clashersankgaming3023
@clashersankgaming3023 2 жыл бұрын
Everyone need big bro like Tanmay ❤️💥
@thanosmettech8147
@thanosmettech8147 2 жыл бұрын
Appreciate your help
@AmitKumar-oc6qr
@AmitKumar-oc6qr 2 жыл бұрын
I was born yesterday, I can't count but I believe I am under 30. Should I watch this
@SantoshP
@SantoshP 2 жыл бұрын
What just happened to Akshay! better than anybody else in the panel
@sn9keeyes
@sn9keeyes 2 жыл бұрын
I am 35..should I watch it or no?
@VaibhavShewale
@VaibhavShewale 2 жыл бұрын
meanwhile some people buying at high selling at cheap
@AmarAkbarAntony2024
@AmarAkbarAntony2024 2 жыл бұрын
This is pure gold. Better than an MBA in Finance.
@ruchirguitar
@ruchirguitar 2 жыл бұрын
That Ankur Warikoo dig just killed me.
@sunnyvsharma
@sunnyvsharma 2 жыл бұрын
I’m a mumbai based comic should i stop going to open mics and invest in shares 😂😂
@awara_hu
@awara_hu 2 жыл бұрын
I saw this 4 months ago...... didn't understand tanmay's point on stock market up n startup funding now i understand it👍👍....keep making more. Videos brother
@aayan5404
@aayan5404 2 жыл бұрын
Bhaiii best one ever on this channel ⚡⚡⚡
@aakash900
@aakash900 2 жыл бұрын
Can i watch this ? even after being 9 years old (9
@sankhuz
@sankhuz 2 жыл бұрын
Me 17...turning to be 18 In existential crisis 😐😅
@appurvsachdeva1977
@appurvsachdeva1977 2 жыл бұрын
1 year younger than you brother, same problems
@sed625
@sed625 2 жыл бұрын
It would have been a lot funnier if the fact that it is a comedic rant wasn't revealed at first.
@funnynaman
@funnynaman 2 жыл бұрын
BD funny as always. Keeping it way too real! 😂
@maheshs4056
@maheshs4056 2 жыл бұрын
I was thinking I would rather save/hoard money instead of investing in such risky ventures. Else, I would rather invest in stocks that have a strong fundamentals and a proven history of success(maybe like Tata, Infy, ITC, etc.), instead of investing in these IPOs from risky start-ups.
@DivenduHMathers
@DivenduHMathers 2 жыл бұрын
Parle-G
@biradarsridhar5667
@biradarsridhar5667 2 жыл бұрын
I never came across a content like this.Its an 👀 opener.
@nemesis2387
@nemesis2387 2 жыл бұрын
All hail King of komedy TANMAY BHAT❤️
@bharatapat
@bharatapat 2 жыл бұрын
Absolutely 🔥🔥🔥
@munaaffff
@munaaffff 2 жыл бұрын
This is gold ✨
@nitishjoshi86
@nitishjoshi86 2 жыл бұрын
after 2 minutes I realised, x axis was the purple line showing millennials
@anirudhwarrier3476
@anirudhwarrier3476 2 жыл бұрын
I'm not a millennial and that hurt
@ispyu1514
@ispyu1514 2 жыл бұрын
Loved it!
@dhirajsajagure6796
@dhirajsajagure6796 2 жыл бұрын
While explaining Ponzi scheme Theres is Reference link put by Tanmay in the desc for trading. 🙃🙃🙃
@thesmilingtitan
@thesmilingtitan 2 жыл бұрын
10:47 When shit got real. You could see in everyone's faces.
@BitToo
@BitToo 2 жыл бұрын
Tumko kisi ko smjh nhi aaya na ye kya baat krke gye, saalonnnn 😏 Love the info love the info Aa thu Btw love the info❤️
@subhamgupta6235
@subhamgupta6235 2 жыл бұрын
Bass ek baat..MAZA AAYA
@xnhp3
@xnhp3 2 жыл бұрын
This is so interesting. How do I join SuprTeam DAO? I am a developer working on one of the MANGA.
@tatsatdave5499
@tatsatdave5499 2 жыл бұрын
Although I can hear a boomer shouting from a distance :"stop complaining! Karne waale toh kar hi lete hai"...🤷‍♂️
@fatty_acids
@fatty_acids 2 жыл бұрын
9:54 hahahaha xD xD
@mainakchakraborty5894
@mainakchakraborty5894 2 жыл бұрын
Fd is like: bhai mereko kyu pela gya
@familyguyshorts1246
@familyguyshorts1246 2 жыл бұрын
Hi Tanmay Bhaiya I am 17 yrs old and I just wanna say Thankyou Tanmay Bhaiya❤️ I have learned a lot related to DAO's ,NFT's , crypto and finance now even I am planning to Launch my own NFT Collectables now I will work hard enough to some day work with your Superteam Dao 😼
@Xcvbn3355
@Xcvbn3355 2 жыл бұрын
Bro i don't know anything about you..what is your potential, knowledge etc but there are stuffs that you'll only learn by age so at this age you just want to focus on gaining maximum knowledge you can then in your early 20s apply that knowledge you gained. Make mistakes in this age ( early 20s ) then you will learn a lot of expirence and you will see that you will be a professional in your field at late 20s or early 30s. So keep calm and learn stuffs edit : and also enjoy your teenage life!!! kya karega?? child hood bhi investing bhoode hoke bhi investing everytime investing ??
@Dattebayo3089
@Dattebayo3089 2 жыл бұрын
Abe pagal skills, knowledge and degree le 😂. Baad me ye sab dekh.
@familyguyshorts1246
@familyguyshorts1246 2 жыл бұрын
@@Dattebayo3089 Abe knowledge hi toh le rha hu pagal😂😂 dyslexia h kya tere??
@Dattebayo3089
@Dattebayo3089 2 жыл бұрын
@@familyguyshorts1246 the thing ur doing are secondary things. Even these people are also first comedians. If u checked all investors, youtubers and agents they had a job first. The things ur doing done by others even I also did. Bt still their is not much wealth than any salaried job or business. All these investments are secondary income source. NFT and cryptos ar bubble. Remain just for 3-5 yrs. Cryptos were doing better 3-5 yrs ago like NFTs doing now. All things work well when they are new. Bt after some years they stucks. I just want to say 15-25 age is to gain knowledge, skills and to have degree and job.
@curiousrex5183
@curiousrex5183 2 жыл бұрын
I would like to thanks Akshay !!
@mukulr5171
@mukulr5171 2 жыл бұрын
🌟🌟🌟🌟 Loved the presentation ❤️
@arsenal1in
@arsenal1in 2 жыл бұрын
Tanmay and co. This content should be a paid content...trust me ... No one is going to fucking explain the way Akshay did ... Pure Gold!
@chiragjain834
@chiragjain834 2 жыл бұрын
simply cause they are the youngest. you get rich with age. then the new wave of millennial will be the poorest. this cycle will continue
@chiragjain834
@chiragjain834 2 жыл бұрын
@@HonestlybyTanmayBhat I mean we can point out specifics. Poverty always exist. But on a macro level this holds true. You build wealth over time. So younger people ie millennial are more likely to be poorer.
@rehvem
@rehvem 2 жыл бұрын
@@HonestlybyTanmayBhat bengan 🍆
@ananyaaaaaaaaaaaaaaaaaa
@ananyaaaaaaaaaaaaaaaaaa 2 жыл бұрын
All i have is trends 😔
@freddienaga398
@freddienaga398 2 жыл бұрын
Damn! This was deep info! 😀
@kashnimago2096
@kashnimago2096 2 жыл бұрын
How prices going up will affect retail ? This means stock value goes up for retail for less returns right? This means we should not buy IPO or stocks?
@rudreshpanchal347
@rudreshpanchal347 2 жыл бұрын
Comparing Crypto with Stocks is foolest comparison. Stock have base value as they are real companies either making profit or loss and its a cycle funded by people buying their products..
@naveedahmed1024
@naveedahmed1024 2 жыл бұрын
My mind is fucked after watching this. Good stuff🎉
@ashwinichaudhari7394
@ashwinichaudhari7394 2 жыл бұрын
The in between laugh of tanmay(ha... Hahahhaha... Ha ha..... Hahahahaha... Ha... Ha.) Is the only thing that gives me idea of there is something funny happening that i m not understanding😁🤦‍♀️
@anuragsinghania4622
@anuragsinghania4622 2 жыл бұрын
Why my brain is applying this same logic for the LIC IPO ,again fking up milllenials ?
@codingsamurai4617
@codingsamurai4617 2 жыл бұрын
Tanmay shamelessly dropping zerodha affiliate links in description 😂😂😂
@saifshaikh9376
@saifshaikh9376 2 жыл бұрын
Audio is too loud for some, and not audible for some... Not good
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