An ex-hedge fund manager and Wall Street executive, Teeka Tiwari brands himself as one of the world’s premier cryptocurrency analysts. He says he’s been featured on FOX News, CNBC, ABC’s Nightline, Jon Stewart’s The Daily Show, and other international television networks.
After seeing a 69-minute
infomercial YouTube ad from a channel called The Independent Investor, where he was promoting “the number one investment for the 2020s,” I had so many questions.
Like, who is this dude? Is he legit? How much money has he made? And how’s he “America’s #1 Investor,” and I’ve never even heard of him? I did some digging.
If his story is to be believed, Teeka Tiwari is just your everyday immigrant living the American dream. A foster child from the United Kingdom, Tiwari moved here when he was 16—with nothing more than $150 and the clothes on his back.
Two years later, he would become the youngest employee at Lehman Brothers. By age 20, he was supposedly VP of Shearson Lehman.
But not long after, adversity slapped him silly then slapped him for being silly.
You see, after making a small fortune, Teeka “got greedy,” shorted some stocks, held ’em way too long, and ended up losing everything in a matter of weeks. As a result, he was forced to file for bankruptcy.
We both know where the “hero’s journey” goes from here, don’t we? Yep. Teeka battled back, rebuilding his wealth one savvy trade at a time. Then he started a “successful hedge fund,” but failed to mention what it was.
Regardless, his roller coaster ride to riches gave him a whole new appreciation for risk management. Today, minimizing the downside is his top priority. His goal? To help the little guy invest his money as safely as possible.
Of course, Teeka’s tips ain’t free. He’s got a plethora of pricey programs, such as: The Palm Beach Letter, Palm Beach Confidential, Palm Beach Crypto Income Quarterly, Palm Beach Venture, Palm Beach Quant, and Teeka Tiwari’s Alpha Edge (oorah!).
What is Teeka Tiwari’s truth?
From my vantage point, he makes almost all of his money by selling hype-y newsletters and premium stock picking services. And boy, does he have a lot of them. Teeka’s got more ways to take your money than a roomful of lawyers.
And his whole vibe just feels a little shifty. Like his backstory is almost too perfect. Is it just me or has every trading guru A) started a “successful hedge fund” and B) lost it all only to fight, scratch and claw their way back to multi-millionaire status?
In addition, most of his marketing seems exaggerated, if not entirely made up.
For example, I saw one video sales letter where a nurse from Tennessee “struck it rich” after making a “crazy investment” her mentor—a “Wall Street legend” by the name of Teeka Tiwari—suggested.
I almost peed my pants laughing as she retold the story, but kept glancing at the computer screen to read her lines. You’d think, if it really happened, perhaps she wouldn’t need cue cards.
But hey, what do I know? I’m just some jagoff squatting on Teeka Tiwari’s name.
Which reminds me: his net worth, according to the internet, is right around $6 million dollars. And if the internet said it, well, just like Teeka’s YouTube ad, it must be true.