Darin Soat:The Problem with Finfluencers & Why it Won’t Get Better Anytime Soon|Rational Reminder276

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  • Опубликовано: 8 сен 2024

Комментарии • 57

  • @InvestOrama
    @InvestOrama 8 месяцев назад +6

    wow when i was in investment banking I couldn't barely managed to go to the gym once a week and this guy managed to launch a RUclips channel!

  • @toltman
    @toltman 10 месяцев назад +28

    I love how the conversation felt a bit more organic in this episode. Sometimes they feel a bit constricted by their script of questions, but in this episode they felt a bit more free-wheeling. I enjoyed that a lot.

  • @andrewfriedrichs9340
    @andrewfriedrichs9340 10 месяцев назад +74

    Rational Reminder, How Money Works, Patrick Boyle, Plain Bagel, by our powers combine we are Captain Finance!

    • @crimsonpirate1710
      @crimsonpirate1710 10 месяцев назад +1

      Some awful choices there. Your loss if you view them.

    • @me0101001000
      @me0101001000 10 месяцев назад +5

      @@crimsonpirate1710 which ones and why? All of them have experience in the industry, they provide fairly level headed info, and they're civil about their objections when faced with them.

    • @youwillnotgetmyintents
      @youwillnotgetmyintents 10 месяцев назад

      @@me0101001000 You really can’t observe the hypocrisy?

    • @me0101001000
      @me0101001000 10 месяцев назад +5

      @@youwillnotgetmyintents no, I don't. Kindly enlighten me.

    • @EmilyGloeggler7984
      @EmilyGloeggler7984 8 месяцев назад

      @@crimsonpirate1710Unfortunately, there are people who like to buy into inaccurate data and their followers demonstrate that.

  • @smishdws
    @smishdws 10 месяцев назад +17

    heel yee a crossover i didn't expect to see today

  • @WhiteBoardFinance
    @WhiteBoardFinance 10 месяцев назад +13

    I’ve spoken to Darin personally and he’s a good dude!

    • @EmilyGloeggler7984
      @EmilyGloeggler7984 8 месяцев назад +1

      He’s not good at all. He’s egotistical and inaccurate, though.

  • @istvanherpai3803
    @istvanherpai3803 10 месяцев назад +10

    Patrick Boyle next please!

  • @Bleys0072
    @Bleys0072 10 месяцев назад +27

    Love How Money Works! Way to go for booking him for this interview. 4 minutes in and I'm excited for this episode!!!!

  • @thesorrow312
    @thesorrow312 10 месяцев назад +12

    Finfluencers be pushin' that gas station sushi. ⛽️ 🍣

  • @maxresdefault8235
    @maxresdefault8235 10 месяцев назад +6

    No way I could be an investment banker. This guy was one AND also making his youtube videos? Legend.

  • @seiman1111
    @seiman1111 10 месяцев назад +9

    Epic, seems all the RUclips channels I watch, are secretly connected😂

  • @francescoalberga7627
    @francescoalberga7627 10 месяцев назад +2

    So glad to see two RUclipsrs that i follow religiously collab. If you guys also do the compound show and Patrick Boyle my dreams would come true!

  • @waelabdelkhalek9970
    @waelabdelkhalek9970 10 месяцев назад +10

    Great interview! Very insightful 👍

  • @p.c.h.6721
    @p.c.h.6721 10 месяцев назад +11

    This is the main reason why I got rid of Morning Brew.
    I'm happy to see that some people are still honest and tell it like it is.

    • @CoryDAnimates
      @CoryDAnimates 10 месяцев назад +3

      Exactly. The amount of 'boot strap' SV founder talk that filled it product was to much.

  • @Zadeska
    @Zadeska 10 месяцев назад +7

    Another fantastic video by the Rational Reminder! Question, would you folks ever consider interviewing Patrick Boyle, Aswath Damodaran or Ramit Sethi? They're all pretty successful in their own way and each quite different. Patrick is super interesting, Aswath is brilliant and Ramit is probably the best at branding and marketing in the online finance space.
    I do find these interviews with none academics to be very interesting. Well done!

  • @calbarton
    @calbarton 10 месяцев назад +16

    How money works makes you feel smarter with no push or desire to improve your living situation. Start no business, leave no job, be happy with what little you have.

    • @EmilyGloeggler7984
      @EmilyGloeggler7984 8 месяцев назад

      That was not the case for me. I’m glad I left a job, I’m happy with the little I have and not doing work I was good at but hated.

  • @gregoneil2050
    @gregoneil2050 10 месяцев назад +4

    Great cross-over episode. Two of my favourite content creators working together. A big thank you to both teams for what they do.

  • @johanneszwilling
    @johanneszwilling 10 месяцев назад +2

    Ironically this coming from someone who Darin would criticise due to the pitch/framing of side hustles:
    "Social media isn't the problem. Social media exposes us for who we are" (Paraphrased statement from Gary Vee)
    Point being: I think there is limited ability to protect anybody from themselves. Unless you put financial literacy onto the curriculum in schooling and wait a few decades, those aspirations will not be tamed and for that matter someone is gonna deliver to that.
    These algorithm can only do exactly that: Give you more of what you want. People by virtue of who they are and how they process information will have vastly different online experiences due to that.
    Broadly any company which would try to play god and set an agenda here would go out of business,...and you see this exactly for yourself when you craft your videos to appeal.
    The internet is mostly ad-based and with that it's all about attention, which then plays into peoples' lesser urges.
    PS: I find it funny how I already follow most of the mentioned finance people. Good for me,...and I still have to assume: Not me but the algorithm.
    Thx for a great episode!!

  • @ib23579
    @ib23579 10 месяцев назад +6

    This episode led me to watch several How Money Works RUclips videos. I find them beautifully made and also full of exaggeration. Points that go against the narrative are mostly ignored. In the highly uncertain world of investing Darin Soat sounds very certain. Interestingly, in the Rational Reminder Episode he comes across as a reasonable guy. Puzzling.

    • @Username_CC_
      @Username_CC_ 10 месяцев назад

      Examples?

    • @L3vache
      @L3vache 10 месяцев назад +6

      I agree. A lot of it is probably a byproduct of feeding the algorithm like he talks about a lot in this podcast - keeping viewers engaged through exciting and confident narration, engaging in bombastic narratives that viewers will be drawn to (Your Biggest Financial Mistake - Being born too late), etc. That said some videos are better than others and a lot of research goes into them. Definitely miles ahead of other channels that operate in a similar tone.

    • @EmilyGloeggler7984
      @EmilyGloeggler7984 8 месяцев назад

      @@L3vacheFunny because his claims are often disproven and not always accurate. Please do your research thoroughly.

  • @BotwangoOrzwango
    @BotwangoOrzwango 10 месяцев назад +2

    I am really surprised that HMW is not a 25 yr old blonde guy named Chad. He really has that voice.

  • @owlegrad
    @owlegrad 5 месяцев назад

    This was a fun change of pace.

  • @ToyTiger666
    @ToyTiger666 10 месяцев назад +2

    Great! Fondest regards to Mr. HMW from one of his subscribers.

  • @ajrobbins368
    @ajrobbins368 10 месяцев назад +2

    This is great, thanks.

  • @funkspinna
    @funkspinna 10 месяцев назад +1

    Great guest. A much needed video exposing the world of FinFluencers.

  • @muffemod
    @muffemod 10 месяцев назад +2

    The barrier for entry for youtube is so low that's why it's so hard to make money from it.

  • @dmytrosoroka7335
    @dmytrosoroka7335 10 месяцев назад

    Thanks from Ukraine!

  • @journeytrader2445
    @journeytrader2445 10 месяцев назад +2

    I watch this channel for wisdom. I watch other finfluencers for entertainment.

  • @arunmur84
    @arunmur84 10 месяцев назад +2

    Fantastic conversation, covers the entire spectrum of topics on personal financing very neatly.

  • @marieknight4136
    @marieknight4136 9 месяцев назад +1

    Interesting take on no real interest in responsible financial content - when I was a chemistry/physics teacher coming from being a sell-side analyst - I started an investing club for my students to teach real financial information to my student “apes” - the students would all show up every week and we would end up meeting for 3 hrs (scheduled for 1 hr). They were super engaged and interesting.

  • @TristanYangShowcase
    @TristanYangShowcase 2 месяца назад

    On the topic of the dumb money movie…I was so angry at the narrative that was being pushed I left.

  • @amandasalmons8776
    @amandasalmons8776 10 месяцев назад +2

    Oop, lost a bet that you’re actually Richard from the Plain Bagel. (for HMW)

  • @sherkhead9638
    @sherkhead9638 10 месяцев назад

    Does affiliate marketing work?

  • @calbarton
    @calbarton 10 месяцев назад +3

    29:04 Darren is proof that audiences DON'T necessarily want just moonshots. You can succeed with general good advice and tearing down the creator economy from within.

    • @EmilyGloeggler7984
      @EmilyGloeggler7984 8 месяцев назад

      He has yet to provide factual realistic advice.

  • @user-qr1nv9qi5b
    @user-qr1nv9qi5b 10 месяцев назад +1

    i like boring and that's one of the problems were having

  • @KelstraTech
    @KelstraTech 10 месяцев назад

    His voice is different. 😂
    He must be using a weird audio filter on his RUclips channel.

  • @crimsonpirate1710
    @crimsonpirate1710 10 месяцев назад +2

    This was terribly dull.

    • @youwillnotgetmyintents
      @youwillnotgetmyintents 10 месяцев назад

      Sounds like excessively risk-averse person. Can’t imagine who finds this sort of content appealing, mostly seems intuitive. Maybe he should ask himself a question as to what would happen if everyone just followed script provided by popular culture. Conman have been around for long time and to certain extent it can’t be helped.

    • @EmilyGloeggler7984
      @EmilyGloeggler7984 8 месяцев назад

      @@youwillnotgetmyintentsHeed your own hypocrisy.

    • @youwillnotgetmyintents
      @youwillnotgetmyintents 8 месяцев назад

      @@EmilyGloeggler7984 you could just go ahead and mention precisely what is that you disagree with. I think it’s giant hypocrisy to be investment banker and spend 2 hours telling everyone they shouldn’t take any risk and describing scams that someone with

  • @loudroomreacts
    @loudroomreacts 8 месяцев назад

    Why does he sound tired or annoyed. Not excited at all. Delete this entire video

  • @EmilyGloeggler7984
    @EmilyGloeggler7984 8 месяцев назад +2

    Well this just exposed how much Darin Soat’s ramblings are a waste of time with nothing factual or sensical provided.

  • @calbarton
    @calbarton 10 месяцев назад

    He says RUclips is a bad business, he doesn't like most people in the finance niche, he's obsessed with hiding his identity to be a better employee. Dude why are you here growing a massive RUclips channel. Leave now and get your job back.

  • @eeettt8701
    @eeettt8701 10 месяцев назад +2

    Very useful