Understanding Geopolitics and Markets: Tom Luongo
Vložit
- čas přidán 8. 07. 2024
- Last Episode: • Finding Your Edge In S...
Feel free to suggest interviews with certain companies or any other wishes(suggestions), just write a comment!
In our discussion, Tom unveils his approach to market analysis through the lens of Austrian economics, highlighting the human behaviors that shape economic trends. We tackle the complexities of interpreting geopolitical events, emphasizing the need for skepticism and critical thinking to avoid biases and misinformation. Tom's critique of traditional technical analysis tools in favor of a more quantitative, probability-based approach provides listeners with practical, actionable advice on navigating today's volatile markets.
Tweet us at @TheTraderLuke
Tom Luongo:
x.com/TFL1728
Disclaimer:
LukeTheTrader is devoted to offering insights, evaluations, and viewpoints on different equities within the stock market. It is important to realize that the material on this channel is not meant to be used as financial advice; rather, it is intended purely for educational and informative reasons. Before making any investing choices, viewers should do their own research or speak with a licensed financial expert since we are not financial advisors.
Not Financial Advice as LukeTheTrader's content is not meant to be a substitute for financial advice. Since we don't offer financial advice, the material provided shouldn't be interpreted as tailored investment advice. It is crucial to carry out in-depth study and, if required, speak with a licensed financial expert before making any financial decisions.
Risk and Responsibilities as there here are dangers associated with stock market investing. There is always a chance of losing money when making investments, and previous performance does not guarantee future success. The decisions viewers make about their investments are entirely their own, and LukeTheTrader disclaims all liability for any monetary losses they may sustain from using the information this channel provides.
Accuracy of Information as the stock market is dynamic and prone to sudden fluctuations, even while we work hard to present accurate and current information. LukeTheTrader's material might not always accurately depict the state of the market right now. Viewers are urged to independently confirm material and compare it to other trustworthy sources.
Disclosure of Positions as LukeTheTrader may occasionally have a financial stake in the stocks that are mentioned. The film or video description will openly reveal any possible conflicts of interest. This has no bearing on our analysis's objectivity or our judgments' neutrality, though.
Viewer discretion is advised since the opinions on LukeTheTrader are those of the content creators and may not necessarily reflect those of advertisers or connected organizations. It is recommended that viewers to create their own opinion through study and analysis.
I always like talking with somebody that takes a different approach to the markets, instead of simply looking at the books. Tom takes a larger view. I would also appreciate any suggestions to interview a ceo, feel free to write a comment or any suggestions!
Last Episode: czcams.com/video/ifOKakNMZb0/video.html
Twitter: twitter.com/TheTraderLuke
Inquiries: thetraderluke@gmail.com
Tom Luongo: x.com/TFL1728
Nice quote: "Assume everyone is lying and you'll be right 75% of the time" -- Tom Luongo
Tom is the man
his irreverent opinions are so welcome
Tom is a straight gangsta.
he jumps on as many young and up and coming podcasts as he can, not just the bigger ones.
That is over looked and extremely admirable.
This was one of the best Tom Luongo interviews of the past year, prompted by great questions! Tom is a scientist, from the generation where scientists with limited toolboxes of knowledge went out to solve and understand real world problems. In that world, (not the confirmation bias science we see today) "being wrong", was the default state. If one can really inculcate the ethos of "knowing they are wrong about most things", it can lead to great open-mindedness that can actually lead to seeing clearly and being right about some things. Balance sheet analysis, while once a very valid tool, does not mean a thing if you have created the most efficient ICE engine in the world and the government is mandating EVs. It is a sad state of affairs when domestic and global politics has such an undue sway on economics, but here we are. :(
Sure, but macros play a lesser role for me than micros
I’ve followed Tom Luongo for ~10yrs & have found him to be an endless source of inspiration to think differently which I find invaluable.
A polymath of sorts perhaps, he combines perspectives from chemistry, science, literature, movies, gamer culture, strategy, EU vs US power play via central banks & so much more. He speaks fearlessly & readily admits when he’s wrong & explains why, while providing an update to how his hypothesis has changed via geopolitical developments.
I highly recommend this example of flexibility, I also believe he’s this way because he’s “on the spectrum”, a place where fresh ideas originate. Zero herd mentality.
Great Guest and very honest guest, gave few awesome advices! Thanks Tom
"I'm italian, i'm vaguely racist, i just don't understand the german mind" 🤣😂🤣
Yeah, that was a good one.
I'm not at all racist and I don't understand those Kruats 😮
I'm very racist. I don't understand the human race.
You vill!
Tribal bonding is human nature.
If chart lines worked reliably to get better than 50% win rate, that could be converted into software for guaranteed riches. But that has not been done and even if it were, since the markets are competitive, all the people using that system would be fighting each other and all would lose.
Quant pivots
👍👍👍
BM 24:00
The link to geopolitic and economic is very convoluted and abstract, it seem more
appart subjects. It lack thereof
Thats exactly what I think, its just another factor. But, ultimately as long as the jurisdiction/country is great. There should be a primary focus on the micros, if you ask me
@LukeTheTrader a neurobiosocial intersection of media culture and behavioral consumerism, will be a closer accuracy !
I was willing to put up with the rambling until he claimed oil was up $12 in the past 3 weeks. it's up like $3. what the fuck?
Beginning of June ~72 USD, July near 85 usd
JUST IN: 🇺🇸 Donald Trump's considering JPMorgan CEO Jamie Dimon as Treasury Secretary and says he's "changed his tune" on Bitcoin and crypto.
18.9%....I assume Tom is lying to us
He is though, he was predicting Le Pen to win, now he's saying he was the only one not surprised by results! 🤣 Same with UK, he was predicting Reform to equal or even overtake Tories.
This guy rambles. He's informative & has v interesting ideas but very jumbled to listen to.
I hope you liked the interview though! I interviewed Tom as he has a very different approach from mine, which is why I took some takeaways from the interview. I am still more of a micro/ balance sheet type of guy
@@LukeTheTrader tom is fantastic. Loved the interview mate. I think tom has so many ideas buzzing around in his head, his cup spilleth over as they say.
He just didn't have his cigar in the morning:p. Thanks for the feedback!
Yeah. Nicotine is a great treatment for ADHD.
Yeah, he‘s got a bachelor🤣
Ok Pro Putin…
Do you have a point?
Say he's "pro" Putin is hyperbolic. He recognizes that Putin is against the attempts that the neo-Marxist west are making to foment global communist technocratic feudalism. Bottom line is Putin represents the foundational ideals of the US better than the US does since the US was hijacked by British Fabian communists of the Ceceil Rhodes/ Milner round table groups back in the late 1800's.
Too much koolade. Have you ever listened to the myriad speeches & pressers conducted by Putin which often last hours? He’s well versed, coherent & measured compared to the inflammatory rhetoric issued by Western politicians & media.
Educate yourself.
@@literatious308 💯👍
Send them to ukraine