About the Book
What’s Inside
The Ponzi Factor Facebook Feed
This is an additional section that was added to Chapter 6 in the September 2019 update. It elucidates facts about stock buybacks.
Most #Stock #buybacks are scams because companies print more shares before or after the buyback. 59% of the firms that bought back stocks between 2009-2016 showed INCREASES in shares outstanding from 2004 - 2018.
A lot of dividends are false dividends that are tied to dilution.
In addition to the notable dilutors, there were also some extreme dilutors who engaged in false buybacks and had share counts that increased more than 6000%.
Employee stock compensation is a SCAM that is closely tied to buybacks. Some stock #buybacks are specifically designed to pay the CEOs who can print stocks for themselves.
Full video at: youtu.be/-XscM2GrKFU
📚The Ponzi Factor will be available for FREE on Kindle this Thursday and Friday. Please note that the book was updated this September. Happy Thanksgiving! 🍁
📚 "The Ponzi Factor: The Simple Truth..." was a proof for why non-dividend stocks meet the SEC's definition of a Ponzi scheme.
The initial idea for “The Ponzi Factor: Slicers” was to make it an outline for debating finance junkies and address the common arguments they use to defend Ponzi assets. Those arguments are all forms of rationalization that use hypothetical/unprovable ideas or bias data. Their invalid arguments aren’t easy to spot (unless you’ve debated as much as I have), but they are finite and repetitive. Finance professors from NYU and kids with Etrade account all use the same BS to rationalize why Ponzi assets are ownership instruments.
At first, I imagined TPF Slicers to be structured like a Q&A. The book was going to outline the junkies’ arguments and slice through their bullshit.
BUT then I thought, “I’ve always had a fantasy about having a face to face conversation with Elon Musk, the Google boys, and Warren Buffett—talk about their Ponzi assets, etc. But that’s probably not going to happen anytime soon unless I kidnap them.”
AND then I thought, “Wait! TPF Slicers is a Q&A. I can just write about kidnapping Buffett/Musk/Sergey/Larry AND do the Q&A with them! The finance will be non-fiction, but kidnapping/interrogating my favorite people will be fiction. Beautiful!”
I will start working on Slicers soon and hope to release in 2020📚
📚Renaissance Technologies is "the most" successful hedge fund in history. Their trading strategies are based on math, statistics, focused on the Ponzi factor, and probably used what are now considered machine learning techniques back in the 1990s.
Job qualifications for their Research Scientists: Experience in finance is NOT REQIRED.
📚 Kimberly Clark beat earnings estimates with organic sales growth of +4%. Therefore the stock dropped -7%. 😝
Current dividend yield is around 3.2%. Not a Ponzi asset but The Ponzi Factor at work.
#investing #stockmarket #shortselling #wallstreet #NYSE #Nasdaq
#theponzifactor #ponziassets #FooledByRandomness #stocks