Twitchstar Kaitlyn “Amouranth” Siragusa might still be best known for her online streaming presence, but she’s also become quite the investor over the last few months. However, the personality recently had to address criticisms over her investments ingas stations and 7-Eleven stores.
Amouranth has previously explainedwhy she saw gas stations as a good investment saying that she believed she would be able to make quite a bit of passive income with those kinds of businesses. While those investments raised some eyebrows, she’s getting a bit more heat these days as gas prices continue to skyrocket for several reasons.
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One Twitter user in particular recently went after Siragusa by calling her part of the “one percent” and saying that she didn’t care that other people were struggling because she just wanted to make a profit off her gas stations. TheTwitchpersonality responded by saying that gas stations are probably better for people because, in her mind, they are distributors more than anything else.
Amouranth then went on to explain why she doesn’t agree with the idea that oil and gas companies are the evil corporations they are seen as, at least in this area. She said that if these companies controlled prices the way some people think, they would “go bankrupt In short order” because the companies can’t just turn around and decide to raise the price at the pump.
Amouranth has made several big-money investmentsin the recent past, and it appears that she’s done her homework when it comes to how the kinds of businesses she’s getting into operate. While claiming that people can’t just decide to raise the price of an undifferentiated commodity such as oil and gas, she also said that these companies are really more at the whim of the market and are dictated to more than they dictate the prices.
While Amouranth is no stranger to controversy, she generally generates that controversy for things she does or says on one of her Twitch streams. For the most part, her investments have mostly been met with some raised eyebrows and confusion over why she is choosing the investments she does. However, with prices on gasoline going up to levels the country has rarely seen, the streamer is getting a bit more flack for what some see as benefiting from others' struggles. As of now, it’s unclear if her explanation will keep those critics at bay.
