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Anthony Scilipoti

๐Ÿ‘ค Speaker
See mentions of this person in podcasts
1019 total appearances

Appearances Over Time

Podcast Appearances

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

No one else does that.

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

And most people just say, well, it's okay.

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

It doesn't matter.

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

Well, actually, that's what matters.

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

So again, I've sat with management teams and you go through their 10K and then you see a list of all their operating subsidiaries and you see the different places that they're operating.

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

Again, the thing about investing today is there's so much pressure on the analysts to cover more stocks.

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

The money management fees today are a fraction of what they were even a decade ago.

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

So the companies that are doing the investing, the fixed cost of doing investing, like paying the audit, doing the back office, all that stuff, yes, it's come down a bit, but it's still there.

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

All that's been squeezed is the cost of the money management.

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

So they're having to look for shortcuts.

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

Yeah.

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

And that means just give me the number, Anthony.

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

Just give me that one number.

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

I just want that one number.

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

And then you get the one number that management gives them.

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

And then they just accept that and move on.

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

So just being, you know, I think you asked the question, is being complicated a problem?

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

Well, it's just, why is it happening?

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

And you go back to nothing happens without a reason.

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

Then you point to some company operating in the British Virgin Islands that's listed on the list and go, what does this company do?