Making $70+ Million Trading Only Using My Phone - Chris Camillo

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Connect with our guests:

https://x.com/chriscamillo
https://dumbmoney.tv
https://www.youtube.com/@DumbMoneyLive
https://www.youtube.com/@DumbMoney
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On this episode of the Words of Rizdom podcast we are joined by Chris Camillo. Chris is a Market Wizard from Jack Schwager's Unknown Market Wizards, he's known for his unconventional approach to trading using a strategy that he coined as "Social Arbitrage" which involves taking advantage of social media platforms such as Tiktok, Reddit & Instagram to gather research for his trades. Using this strategy he's managed to turn $20,000 into an eye watering $70 Million over the last 2 decades. This is an incredible episode and I'm excited to bring this conversation to you guys. Enjoy!
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Connect with Words of Rizdom:

https://instagram.com/wordsofrizdom
https://twitter.com/wordsof_rizdom
https://www.instagram.com/realriziqbal
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Timestamps:
00:00:00 Introduction To Chris Camillo
00:03:50 Power of Social Arbitrage in Trading
00:08:06 The Impact of Technological Change on Investing
00:16:22 Early Fascination with Business and Stock Markets
00:21:04 The Debate: Fundamental vs. Technical Analysis
00:24:52 The Birth of Social Arb Trading
00:29:04 Identifying Market Trends and Investing Opportunities
00:33:04 Pathway to Professional Trading with Alpha Prime
00:37:10 Finding Meaningful Investment Opportunities
00:41:21 Competing with Institutional Wall Street
00:49:36 Leveraging Data for Stock Trading
00:57:54 The Art of Social Arbitrage: A Mattel Case Study
01:01:44 Market Volatility and Investment Confidence
01:10:27 Aggressive Investing: Turn a Little into a Lot
01:14:34 The Prepared Mind: Anticipating Financial Opportunities
01:18:33 Understanding Wall Street's Herd Mentality Uncovering the Advantage of Retail Traders Over Wall Street

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