The following is not professional financial advice.
The documentary “This is Not Financial Advice” follows the stories of several individuals who have found financial success or hardship in the world of online trading and cryptocurrency. One of the subjects, Glauber “Pro” Contessoto, has amassed millions in the cryptocurrency of dogecoin but still only has a few hundred dollars to his name. Despite his lack of financial savvy, Contessoto’s brash personality and willingness to bet on himself have built him a following and made him something of a brand. The film also covers other individuals such as TikTok finance influencer Kayla Kilbride and crypto enthusiast Rayz Rayl, who has put his family’s finances at risk with speculative trading. The filmmakers explore how online trading has changed the landscape of investment and wealth accumulation, but also highlight the importance of attention-grabbing and gathering the right information, as well as good luck, as key factors in financial success. While the title of the film is “This is Not Financial Advice,” the inclusion of follower counts and subject names may suggest a level of endorsement, though the film ultimately leaves the viewer to make their own conclusions. The documentary will screen at the Tribeca Festival in June.