Paper Bag Investor
In this video, I discuss Lemonade Insurance’s (LMND stock) recent Twitter fail and backlash. Does this represent a major problem to the stock? Should you sell your LMND shares? These questions are discussed.
TIMESTAMPS:
0:00 Intro
0:41 Lemonade’s Twitter Fail – what happened?
5:06 What risk does it represent?
8:50 Should you sell your LMND?
14:02 Outro
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WHY THE PAPER BAG? Watch this video:
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I come from an engineering background, but began investing in 2009. It’s been a journey of learning since then but have been able to return over 25% per year CAGR (compound annual growth rate) with my investments. I hope to continue to meet or exceed this return over the next 10 years.
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[Disclaimer: All content on this channel is for discussion and illustrative purposes only and should not be construed as professional financial advice or recommendation to buy or sell any securities. Should you need such advice, consult a licensed financial or tax advisor. All views expressed are personal opinion as of date of recording and are subject to change without responsibility to update views. No guarantee is given regarding the accuracy of information on this channel. Neither host or guests can be held responsible for any direct or incidental loss incurred by applying any of the information offered.]
Source
Great video and stupid people who don't understand how AI works.
LMND 🚀
I’m not selling – I like the company long term.
Hello! …. what do you think of these hints?
https://www.youtube.com/watch?v=f0vl11PF2Sk
tesla + lemonade? possible?
Thank you, great video. I am not concerned about this risk – if anything it is perhaps good that the discussion is had now while the company is still relatively small. Lemonade can learn from this and be better at communicating about the benefits of AI in the future – how it helps everyone pay a lower premium due to less fraud and less employees in the company, how it speeds up handling and how it may even reduce bias (human with good tools > human without tools).
Awesome video man! If you are a man under that sensual mask…
I’m holding long.
Out of interest, is potential discrimination / prejudice like this non existent in the traditional claims process? AI may even be arguably more fair? Are ppl upset just because it is sth new and sth we don’t fully understand
If anything humans would be more bias when it comes to race/ethnicity lol. the ai would judge everyone fairly following the same criteria imo
You forgot one tweet that was also picked up: they also boasted that their payout rate is much lower than other providers. And, if I'd ever be a Lemonade customer, that won't be a good thing for me as a customer.
And, I think the whole way they all phrased it makes it ten times worse.
I Really love your videos, here's a question for you: what are your thoughts on blackberry and amazon partnership to create the "android" of car (Blackberry IVY) to allow other OEMs to compete with Tesla??
Thanks for your thoughts on this! Still holding strong
A lot of people don't understand disruptive innovation and the innovator's dilemma. It sounds like you've perhaps worked in a large organization and so understand the challenges other companies are going to have to truly catch-up / keep-up.