PMTPMT DB

Takes

Loss
Take Slip·Jul 23, 2025
#PMT-2025-0723-8386
PFT CommenterPFT Commenter

Dogecoin will eventually overtake Bitcoin

I feel like Doge is gonna take Bitcoin over at some point. I saw... I got the Doge. It's in a wallet somewhere.

Bitcoin remains the dominant cryptocurrency by market cap; Dogecoin has never surpassed it.
Loss
#PMT-2024-0807-11787
Big CatBig Cat

You shouldn't stop printing money; you should print even more to solve inflation

You gotta go through the wall. So like when you're like, oh we printed so much money that it doesn't like it's not worth anything. That's when you print even more money. Right. You can't quit printing money. You gotta be committed to printing the money.

This is economically catastrophic advice and is factually incorrect as a solution for inflation.
Loss
#PMT-2024-0701-19871
Big CatBig Cat

I earn $150,000 per episode of Pardon My Take

$75,000. But actually that was three years ago. We make 150,000. Literally the truth.

This is a satirical exaggeration of his actual earnings, used for comedic effect during the D&D bit.
Loss
#PMT-2024-0320-1251
HankHank

Boeing whistleblower John Barnett did not commit suicide

There was a whistleblower... John Barnett... His body was found the morning of three nine dead. He was allegedly from suicide even though he told his family, if I die, it's not suicide. He was suicided.

The official coroner's report ruled the death a suicide, but the take reflects the popular 'he was suicided' conspiracy meme.
Loss
Take Slip·Jun 8, 2022
#PMT-2022-0608-16724
Will LevisWill Levis

Shiba Inu cryptocurrency will eventually go back up

I get them to get back on the Shiba Inu train, man. I mean, it's last summer. I think he got some hype earlier this year, but it's always going to come back up. Stocking crypto only goes up as we all know, you're gonna, you're gonna make a lot of money.

PredictionBusinessFireSarcastic
Shiba Inu, like most memecoins, remained significantly down from its 2021/early 2022 highs throughout 2022 and 2023.
Loss
#PMT-2022-0425-8320
Billy FootballBilly Football

Tesla is the only electric car company

Musk responded: 'Sorry, but I cannot take your philanthropy on climate change seriously when you have a massive short position against Tesla, the company doing the most to solve climate change.' ... They're [Tesla] the only electric car company actually.

Incorrect. Numerous other companies (Rivian, Lucid, Ford, Chevrolet, etc.) were producing electric vehicles by April 2022.
Loss
#PMT-2022-0119-12608
Billy FootballBilly Football

5G radars will ground all US air travel

Turns out a bunch of the airline CEOs said that the new 5G radars that are getting put on for telecommunications, once they get turned on, it's going to affect a bunch of their planes landing. And that they're going to have to ground all US air travel tomorrow.

While there were some flight delays and cancellations, US air travel was not grounded 'all' at once, and 5G rollouts were managed with buffer zones around airports.
Loss
#PMT-2021-1208-7203
Billy FootballBilly Football

NFTs are becoming more valuable than diamonds

Turns out there's a bunch of new diamonds that are fake, but no one can tell the difference... De Beers is totally panicking because now diamonds have no value. So Hot Seat: Diamond... NFTs are kind of more valuable than diamonds, I think about it.

The NFT market crashed significantly after early 2022, while diamonds maintained value.
Loss
#PMT-2021-1119-10713
Billy FootballBilly Football

The new Pardon My Take NFTs are unstealable and cannot be copied

But you yourself can own one of these NFTs, the auction starting soon and they can't be copied. These ones can not be copied. I went, it's going to take a little longer stress testing. These ones are going to be rock solid NFTs. These are unstealable. Don't even try it. Folks cannot steal the high security.

The fundamental nature of digital images used in NFTs means they can always be 'copied' (saved) even if ownership on the blockchain remains fixed. Billy's claim of them being 'unstealable' is a common crypto-optimist exaggeration.
Loss
#PMT-2021-0219-16026
Billy FootballBilly Football

I am either going to prison or becoming a billionaire because of Pi Network

Either I'm going to go to jail because this is all illegal, which I don't think it is, or I'm going to make a ton of money. It's speculative value. Either I'm going to go to prison or be a billionaire.

Pi Network remains in an unlaunched 'enclosed mainnet' state years later with zero market value, and Billy is neither in prison nor a billionaire because of it.
Loss
Take Slip·Jan 29, 2021
#PMT-2021-0129-9291
Billy FootballBilly Football

Blockbuster stock is going to make me a millionaire

Blockbuster, bro. It was one cent when I talked about it last time. It is now seven cents. What? Let's go. I called it. Billy is a Blockbuster millionaire.

Blockbuster (BLIAQ) is a delisted 'zombie' stock that spiked purely on meme momentum. It has zero fundamental value and is not a legitimate long-term investment.
Loss
Take Slip·Jan 27, 2021
#PMT-2021-0127-1374
PFT CommenterPFT Commenter

Wall Street will eventually make it illegal to talk about stocks online once they realize message boards are too powerful

What will probably happen is there's going to be one hedge fund that goes out of business like Bear Stearns or whatever and then they're going to come back, rewrite the laws so it's going to be illegal to talk about stocks online and then boom now they're fucking you again for the next hundred years.

While regulatory discussions followed, talking about stocks remains legal, though market manipulation rules are strictly monitored.
Loss
Take Slip·Nov 20, 2020·Picks
#PMT-2020-1120-12944
Billy FootballBilly Football

A parlay strategy involving five underdogs has a 50% likelihood of profit

I plugged in 32 outcomes, and then once each outcome happens, you see how much money you stand on winning in that moment... this actually has a 50% likelihood of being positive.

Standard gambling math shows that multi-leg parlays are negative expected value bets. Billy's specific formula was widely debunked by listeners following the episode.
Loss
Take Slip·Oct 14, 2020
#PMT-2020-1014-4082
Mark CubanMark Cuban

The US should implement a $1,000 stimulus check every two weeks for a couple of months

The idea of thousand dollar stimulus every two weeks... when people have money to spend we can boost up the economy... That's not a long-term solution... but if you do it every two weeks for a couple months and you also make it you have to spend it or lose it... that puts money into the economy that has a multiplier effect.

While more stimulus checks were issued, they were one-time payments and never reached the $1,000 every-two-weeks frequency Cuban proposed.
Loss
Take Slip·Oct 14, 2020
#PMT-2020-1014-4084
Billy FootballBilly Football

I am developing an app to crowdsource the 'vibe' and gender ratio of bars in real-time

I have developed an idea for a Marketplace that will get information from producers to consumers in The Nightlife and entertainment industry. It would crowdsource information real time from people on the street going to a bar or a restaurant... You basically just get demographics to go where you want... how many dudes are at the bar right now?

The app 'Gala' (or 'How Many Dudes') never launched as a successful commercial product.
Loss
Take Slip·Mar 30, 2020·Null
#PMT-2020-0330-14758
PFT CommenterPFT Commenter

Flavored 'Water for Dogs' is a billion-dollar business idea

I came up with a billion dollar idea maybe quadrillion or trillion dollar idea: its water for dogs... why not a little flavored water for your dog? So you can either go with the Savory option and have it be like a bacon flavored water or bone broth water.

While broth for dogs exists, a 'billion dollar' plain water brand for dogs has not materialized as a major market disruptor.
Loss
Take Slip·Mar 27, 2020
#PMT-2020-0327-7526
Lavar BallLavar Ball

Big Baller Brand is worth over one billion dollars

The net worth of big baller brand is estimated to be over 1 billion dollars... what's it worth? why everybody knows it's worth a billion. Why do you think they come at me so hard? Because I know it's worth a billion dollars.

While the brand has notoriety, no financial valuation or sale has ever validated a $1 billion price tag; the company struggled with manufacturing and internal theft issues.
Loss
Take Slip·Mar 2, 2020
#PMT-2020-0302-12658
Big CatBig Cat

I think the stock market is going to bounce back

I was on the NASDAQ floor on Thursday. I think the stock market's going to bounce back.

The stock market suffered its fastest 30% drop in history throughout March 2020 due to the pandemic.
Loss
Take Slip·Feb 28, 2020
#PMT-2020-0228-10269
PFT CommenterPFT Commenter

Steven Seagal can't be arrested for fraud because Bitcoin 2 Gen was obviously a pyramid scheme

I don't think that Steven Seagal is off the hook on this one because you can't get arrested for fraud If the product is called this is literally fraud, right? So he's very open about how fraudulent Bitcoin to Jin was. So it's not like it's false advertising.

Seagal was actually charged by the SEC for failing to disclose payments he received for promoting the ICO and reached a settlement.
Loss
Take Slip·Nov 25, 2019
#PMT-2019-1125-3594
Big CatBig Cat

Elon Musk is just a front for Jeff Bezos

Elon Musk is just a front for Jeff Bezos because his Cybertruck was one of the funniest things I've ever seen... when people talk about Elon Musk doing stupid shit, they forget about Jeff Bezos.

This is a satirical conspiracy theory with no factual basis.
Loss
#PMT-2019-0925-19056
Big CatBig Cat

Elon Musk is actually a front for Jeff Bezos

Elon Musk is actually Jeff Bezos. It's his front. So Elon Musk is like we're going to go to Mars... so everyone talks about him and then Jeff Bezos is in the background doing the real shit doing the drones doing all that.

This is a satirical conspiracy theory and not factually true.
Loss
#PMT-2019-0717-10227
PFT CommenterPFT Commenter

Big Baller Brand is failing because of government regulations

I don't know what the problem was, the big baller brand, because the business plan was solid. They had great spokespeople getting free advertisement all the time. And now they're just relegated to the discount rack at Kohl's. Well, not with all this regulation.

Hot TakeBusinessHotSarcastic
BBB failed due to internal scandals and poor business management, not government regulation.
Loss
Take Slip·Feb 27, 2019
#PMT-2019-0227-715
Dennis RodmanDennis Rodman

Pot Coin will take off in the next six to twelve months

My guys that came up with this idea of pot coin back in Canada. ... It's going to take off. I mean, yeah, it's going to take off. ... I think in the next say in the next six to 12 months, it should be popping off.

Pot Coin never became a mainstream or widely successful cryptocurrency, and its price remained largely stagnant after the 2017-18 crypto bubble.
Loss
#PMT-2019-0208-19470
Big CatBig Cat

The QuadrigaCX Bitcoin CEO fake-died in India to steal everyone's money

The Bitcoin guy... Big Cat goes, he's still alive. And they are investigating his death because they don't think that he's actually dead... This guy is alive. He has all your Bitcoin. If you have Bitcoin with him, I'm sorry, but he's fake dead and you're shit out of luck.

While investigations found evidence of fraud/Ponzi-like behavior, an exhumation has not occurred as of late 2023, and officially he is dead. Big Cat's 'alive' claim is a conspiracy theory.
Loss
#PMT-2019-0206-5452
PFT CommenterPFT Commenter

The Bitcoin exchange CEO who reportedly died with the passwords is not actually dead

There's no way he's dead, right? There hasn't been a good fake death in a while... He is living it high with, he's probably fucking whales with John McAfee in wherever the hell they are.

The death of Gerald Cotten was officially confirmed by doctors in India, though skepticism remains in the crypto community.
Loss
#PMT-2018-0730-19793
PFT CommenterPFT Commenter

Facebook is officially done as a relevant company

I'm calling my shot. I'm going to put the PFT death stake is going into Facebook right now. Wow. They're done. Have you been on Facebook recently? No. It's trash... it's all ants, trolls, and ants.

While Facebook's reputation suffered, it remains one of the world's most valuable companies (Meta) with billions of users.
Loss
#PMT-2018-0221-8007
PFT CommenterPFT Commenter

I want to take out high interest loans to invest in Steven Seagal's Bitcoin 2Gen

I don't want to overreact, but I want to take out some high interest loans just so I can invest them in Steven Seagal's Bitcoin [2Gen]. That's how confident I am in this.

Bitcoin 2Gen was widely considered a scam or failed project, and Seagal was later charged by the SEC for failing to disclose payments for promoting it.
Loss
Take Slip·Dec 22, 2017
#PMT-2017-1222-4956
Mr. PortnoyMr. Portnoy

Bitcoin will be worth nothing within a year

The other not-so-optimistic side, I guess, would be that in about six months or a year, [Bitcoin] will be worth nothing... I know you guys don't want to hear that, especially Dan and a relative of mine, but who knows what's going to happen with that.

Bitcoin did not go to zero; it eventually reached all-time highs over $60,000 in subsequent years.
Loss
#PMT-2017-1201-3637
HankHank

Bitcoin is fake and people should buy land instead

My stardom is land. Bitcoin, currency, it's all fake. You can't see it. Buy something you can see with your own two eyeballs. Buy a plot. Buy an acre. Squat on it.

While land is a stable asset, calling Bitcoin 'fake' proved to be financially short-sighted as its value exploded in the years following this take.
Loss
#PMT-2017-1129-17845
Big CatBig Cat

Bitcoin is the future and will replace physical money

You think that the dollar bill's in your pocket right now? You think they're going to last forever? You think money's going to last forever? Okay, so Bitcoin's the future, baby. There's not going to be money in the future. There's going to be Bitcoin.

While Bitcoin remains a major asset class, it has not replaced physical currency as the primary medium of exchange years later.
Loss
Take Slip·Sep 27, 2017
#PMT-2017-0927-8265
PFT CommenterPFT Commenter

Big Baller Brand will corner the market because they're the only shoe company not implicated in the bribery scandal

Big Baller Brand, by being the only shoe company that's not implicated, could have just cornered the market.

Big Baller Brand failed for many reasons, but not because of the FBI investigation. They did not corner the market.
Loss
Take Slip·Aug 4, 2017
#PMT-2017-0804-779
Big CatBig Cat

Clothing manufacturers and dry cleaners conspire to put 'no dryer' labels on clothes

I think there's a big conspiracy out there. This is probably the big laundromat services of the world. They're basically dry cleaning services. They're basically making clothes that you can't put in the dryer so that you have to go to the dry cleaners.

While convenient for dry cleaners, care labels are usually based on textile preservation rather than a secret cabal between manufacturers and cleaners.
Loss
#PMT-2017-0616-19764
Big CatBig Cat

Elon Musk should stop trying to get to Mars and focus on giving us retina credit cards

Elon Musk, if you're listening to this and we know you are, quit trying to get to Mars, you fucking nerd. Just give us retina credit cards.

While biometric payments exist now, Musk did not pivot to this; he continued his Mars focus.
Loss
#PMT-2017-0508-2627
PFT CommenterPFT Commenter

If something is more expensive, that means it's better

If something's more expensive, that means it's better, right? Correct. Without a doubt. Like Fyre Fest tickets. That was the best concert of all time.

Hot TakeBusinessMediumSarcastic
The statement is ironic; expensive things are not inherently better, as Fyre Fest proved.
Loss
Take Slip·Jan 13, 2017
#PMT-2017-0113-10126
Lenny DykstraLenny Dykstra

I would not be buying any stocks right now and would put money into real estate instead

I wouldn't be buying any stock right now. [Put money in] Real estate. Hookers? ... That's a dead end road, dude. I'm over a million in those places. There's no return on anything.

The S&P 500 rose nearly 20% in 2017, making 'not buying stocks' poor advice in hindsight.
Loss
#PMT-2016-1028-3081
HankHank

Twitter announced the death of Vine just to get PR and check its importance

It seems like something that a company that was maybe down... they need a little press. What better way to press than announce a death?... they're like, if enough people object to us closing down Vine, then we'll keep it around.

Vine was officially discontinued by Twitter, and while it lived on as 'Vine Camera' briefly, the platform died.
Loss
Take Slip·Aug 5, 2016
#PMT-2016-0805-12261
Martin ShkreliMartin Shkreli

I am 100% innocent of all criminal charges

I'm innocent without a doubt. The charges are related to some hedge funds I operated in a public company I operated. Don't have one person who has ever complained. You won't find one person that ever lost money... I'll never take a plea deal. I'm 100% innocent.

Shkreli was convicted of two counts of securities fraud and one count of conspiracy in August 2017.
Loss
Take Slip·Aug 5, 2016
#PMT-2016-0805-12262
Martin ShkreliMartin Shkreli

My company Turing is worth one billion dollars

I don't like to talk about it, but if you look at the company, Turing, that I own, I think that company is worth a billion dollars.

The company faced significant legal and financial turmoil, making a $1B valuation highly dubious in hindsight.
Loss
Take Slip·Mar 10, 2016
#PMT-2016-0310-2101
Big CatBig Cat

Barstool and Disney/ESPN are closer in value than people think

I'm not saying that Disney and Barstool are, like, maybe equal in terms of stock, but we're closer than people think.

Disney is a massive global corporation with a market cap in the hundreds of billions, whereas Barstool was valued in the tens of millions at this time.