Is John Schmidt In Some Hot Water?

JusticeNJ

Four Points/Steel Joints
Gold Member
Silver Member
He didn't break any news about Earl being on the team. During the free preview with Earl's match, John simply put that obviously Jeremy jones is the captain and that Earl was looking to impress as he was in the running for the team.
In a later match he said he heard Earl was the pick. He basically said it was second hand knowledge so I don’t know how widely known it was by then. The news was out by the next day anyway iirc.
 

ShortBusRuss

Short Bus Russ - C Player
Silver Member
Never take financial advice from anyone doing worse than yourself
Well, according to him, he made a bunch of money off BitCoin. Curious if he got out "while the getting was good".

Also, I do wonder if he regretted giving that advice, given the freefall BitCoin took immediately after. I don't know, because he blocked me for giving solid advice, so not sure how he has addressed the fall.
 

Positively Ralf

AzB Silver Member
Silver Member
In a later match he said he heard Earl was the pick. He basically said it was second hand knowledge so I don’t know how widely known it was by then. The news was out by the next day anyway iirc.

Ok so that's way different than the one I heard. Thanks for clarifying.
 

Positively Ralf

AzB Silver Member
Silver Member
Well, according to him, he made a bunch of money off BitCoin. Curious if he got out "while the getting was good".

Also, I do wonder if he regretted giving that advice, given the freefall BitCoin took immediately after. I don't know, because he blocked me for giving solid advice, so not sure how he has addressed the fall.

I never bothered with the cryptocurrency fad. I'm not into stocks but even I could see that was a bubble waiting to collapse. Needless to say a lot of people got royally screwed, even some I know who we're going in hard on crypto and now have not said anything in months.

There's a great video that the Breaking Points did on the crypto failure.
 

Fatboy

AzB Silver Member
Silver Member
Well, according to him, he made a bunch of money off BitCoin. Curious if he got out "while the getting was good".

Also, I do wonder if he regretted giving that advice, given the freefall BitCoin took immediately after. I don't know, because he blocked me for giving solid advice, so not sure how he has addressed the fall.
I would guess he doesn’t care.

I never tout investments, it’s just bad form imo
 

ShortBusRuss

Short Bus Russ - C Player
Silver Member
I never bothered with the cryptocurrency fad. I'm not into stocks but even I could see that was a bubble waiting to collapse. Needless to say a lot of people got royally screwed, even some I know who we're going in hard on crypto and now have not said anything in months.

There's a great video that the Breaking Points did on the crypto failure.
It is sad that someone who knows what they are actually talking about gets drowned out these days in a sea of "Google Warriors". I literally ran down the list of potential hazards to cryptocoin investments, and ALL of them came true within six months. And I have no doubt I did not sway a single person.
 

Kickin' Chicken

Kick Shot Afficionado
Silver Member
Well, according to him, he made a bunch of money off BitCoin. Curious if he got out "while the getting was good".

Also, I do wonder if he regretted giving that advice, given the freefall BitCoin took immediately after. I don't know, because he blocked me for giving solid advice, so not sure how he has addressed the fall.
With respect to you and John and everyone else, aren’t the risks of investing disclosed at the time an investor is plunking down their money?

Shouldn’t that disclosure along with a potential investors own due diligence suffice? Or must we patrol fb forums on behalf of these poor souls who put their faith in pool players for their financial advice?
 

ShortBusRuss

Short Bus Russ - C Player
Silver Member
With respect to you and John and everyone else, aren’t the risks of investing disclosed at the time an investor is plunking down their money?

Shouldn’t that disclosure along with a potential investors own due diligence suffice? Or must we patrol fb forums on behalf of these poor souls who put their faith in pool players for their financial advice?
Well, then. Let's never give anybody any advice based upon a higher level of knowledge / awareness, then. Just "let the chips fall where they may", and if a pool buddy goes bust, "What, Me Worry?"
 

Fatboy

AzB Silver Member
Silver Member
With respect to you and John and everyone else, aren’t the risks of investing disclosed at the time an investor is plunking down their money?

Shouldn’t that disclosure along with a potential investors own due diligence suffice? Or must we patrol fb forums on behalf of these poor souls who put their faith in pool players for their financial advice?
Yes that’s true. Protect yourself at all times.

However the FTC and other alphabet soup agencies protect the dumb people and therefore to tout financial biz there’s rules, regulations, licenses required to protect the ignorant from such predatory trade practices…..

You would be amazed how greed makes people get stupid. Smart people get stupid for that matter. Casino’s are a prime example of that. As is the lottery at $1.8B right now-which of course I’m playing 😂 the hypocrisy runs deep…….
 

Scrunge19

Registered
I was pretty neutral on John Schmidt for a long time. I don’t really care about mosconi’s record or the recent high run attempts/records that have occurred recently so he was never really on my radar. But the rack manipulation, ie cheating, during his latest record attempt has soured me on him completely. Until he addresses that, I don’t know why anyone would want him as a part of their production.
 

Z-Nole

AzB Silver Member
Silver Member
Never take financial advice from anyone doing worse than yourself
But it was my kids…and really just a piece of their inheritance. The wife won’t let me go with “just enough left to bury us.”
 
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