PMTPMT DB

Takes

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-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.
Void
#PMT-2020-0713-16213
Big CatBig Cat

The 'Soup Tube' business idea is an absolute wave of the future

I would pay, I'd probably have like five or six different soup tubes installed in my kitchen right now... Out of the Monday readings we've done, Dave & Buster's guys is number one... Soup Tubes is number two... I would unironically purchase this.

Soup tubes have not become a reality as of 2024, but the take is about the 'genius' of the idea, which remains subjective.
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·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.
Open
Take Slip·Nov 19, 2018
#PMT-2018-1119-10056
Jon TafferJon Taffer

No one will own cars in 15 years because of automation

He [CEO of Mercedes-Benz] says in 15 years that we're not going to own cars anymore. They're all going to be electric vehicles... The vehicle will pull up in front of your house... those changes are going to change the entire world. [Auto insurance and repair industries will disappear].

We are roughly halfway through this timeline (2024). While autonomous tech has advanced, car ownership remains high and the auto insurance/repair industries are still massive. The 15-year total disappearance seems highly unlikely.
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·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.