Episode Transcript
[SPEAKER_00]: Yeah, yeah, we back, yeah, we've showed you an example, yeah, we've got to be showing you an example, yeah, we've got to be showing you an example, yeah, we've got to be showing you an example, yeah, we've got to be showing you an example, yeah, we've got to be showing you an example, yeah, we've got to be showing you an example, yeah, we've got to be showing you an example, yeah, we've got to be showing you an example, yeah, we've got to be showing you an example, yeah, we've got to be showing you an example, yeah, we've got to be showing you an example, yeah, we've got to be showing you an example, yeah, we've got to be showing you an example, yeah, we've got to be showing you an example, yeah, we've got to be showing you an example, yeah, we've got to be showing you an example, yeah, we've got to be showing you an example, yeah, we [SPEAKER_00]: I'm gonna beat you up the moment.
[SPEAKER_00]: Oh my god.
[SPEAKER_00]: Yeah, shout out to Tide Davis.
[SPEAKER_00]: Tile's up.
[SPEAKER_00]: Tile's up.
[SPEAKER_00]: I love you, dude.
[SPEAKER_00]: Crazy.
[SPEAKER_00]: Yeah, man.
[SPEAKER_00]: Yeah.
[SPEAKER_04]: Like me, yeah, first of all, congratulations to Tire's Jay.
[SPEAKER_04]: Yeah.
[SPEAKER_04]: I'm on his wedding tomorrow and congratulations to Daniel, I'm on his M2N conference that we spoke at.
[SPEAKER_04]: Congratulations to Steve Harvey on his full festival to be the and the whole team over there.
[SPEAKER_04]: So it's a few things that's been happening on this other world like why we're out here.
[SPEAKER_04]: But yeah, no, no, no, we're here.
[SPEAKER_00]: It's almost more.
[SPEAKER_00]: So we'll go on.
[SPEAKER_00]: How are you feeling?
[SPEAKER_00]: Yeah, you caught up to some sleep, but we out with it.
[SPEAKER_06]: I need a little bit more, but I'm blessed in how he favored and ready for an amazing week and an amazing show.
[SPEAKER_06]: I've been having a great time in the kicking of the jaw.
[SPEAKER_06]: I want to give my love to Terrence and it's soon to be wife.
[SPEAKER_06]: Yeah, it's a great host, you're a great host.
[SPEAKER_00]: A lot has happened since we've seen your last shot.
[SPEAKER_00]: You had a prediction that the media of New York City would be a part of the [SPEAKER_00]: That has come to fruition, New York City is a new mayor who will take office on January 1.
[SPEAKER_00]: How you feel about that prediction coming to life, I rather.
[SPEAKER_04]: Yeah, sort of right on the wall, but congratulations.
[SPEAKER_04]: Congratulations to the new mayor of New York City.
[SPEAKER_04]: And let's move this city forward.
[SPEAKER_04]: Whether you agree with it, whether you don't agree with it, I mean, the mayor now.
[SPEAKER_04]: So.
[SPEAKER_04]: I think that he has good intentions as far as making the city more affordable because it's a proper, and the vast majority, a lot of people that's actually complaining about his policies are not rich, ironically, and- No, this is interesting.
[SPEAKER_06]: Yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, [SPEAKER_04]: Hey man, we'll figure it out and we'll see what happens for you know, it was not just him.
[SPEAKER_04]: It was a wave of Democrats that one.
[SPEAKER_04]: Yep.
[SPEAKER_04]: We'll talk about that later on as far as the political implications of that as far as the Republican Party and how that and how that's going for the economy, but Trump said that that wasn't so much.
[SPEAKER_04]: That was because of the government shut down because he wasn't on the ballot.
[SPEAKER_00]: That's why it was two things two things he was not on the ballot.
[SPEAKER_06]: That's all you can't be on the ballot every year, don't you can do it even though some betraying and a bunch of different states now.
[SPEAKER_06]: Yeah, it's a screw that's a screw that's a screw.
[SPEAKER_04]: Well, what won't talk about it, but yeah, market Monday's we hear live from the UAE.
[SPEAKER_04]: We end up by right now on Wednesday.
[SPEAKER_04]: We got black out from Dubai.
[SPEAKER_04]: And then Thursday we got the episode, um, Chase, um, a boy Stanley from Chase and Venus, um, so that's a dope mashup of, um, kind of what we did with the series.
[SPEAKER_04]: But we did an episode just kind of talking through the whole credit situation, Chase forward the series, the whole thing.
[SPEAKER_04]: So check that out.
[SPEAKER_04]: Six o'clock on Elise's YouTube channel.
[SPEAKER_04]: This Thursday, um, and again, we coming back and I said, I wasn't going to come back to America.
[SPEAKER_04]: And so this government shutdown was over apparently it looks like it's over.
[SPEAKER_00]: You know, I've played it still long.
[SPEAKER_04]: I'm sorry.
[SPEAKER_00]: I'm happy to hear that.
[SPEAKER_00]: Listen, man.
[SPEAKER_00]: We got one of the most important birthdays happening this week in the E.Y.L.
[SPEAKER_00]: Family.
[SPEAKER_00]: Our brother-in-law is having a birthday.
[SPEAKER_00]: Birthdays.
[SPEAKER_00]: Birthdays.
[SPEAKER_00]: Brother, we want to wish you a happy birthday, man.
[SPEAKER_00]: We love you daily.
[SPEAKER_00]: We want to continue to see you.
[SPEAKER_00]: Whoever got a talk to one, he's under 30.
[SPEAKER_00]: Listen, man.
[SPEAKER_00]: We need to have him on there.
[SPEAKER_00]: I don't know.
[SPEAKER_00]: Publicating you are he needs to be on the under 30 list as man is absolutely incredible Smith a lot to us on a personal and professional level.
[SPEAKER_02]: So happy birthday my brother More lessons happy birthday happy birthday man George Yeah, take a day off.
[SPEAKER_06]: Please Immediately In any I want to watch on the co-harman happy birthday [SPEAKER_06]: a great friend, a great person, a great business partner.
[SPEAKER_06]: I appreciate you so much.
[SPEAKER_06]: Um, no stock club called this week.
[SPEAKER_06]: Let me join my a time of Dubai catching up on a sleep.
[SPEAKER_06]: Prices will be out this Friday.
[SPEAKER_06]: I have to move and get with some things and, uh, in the market for this Friday, there will be out at 9 p.m.
Central.
[SPEAKER_06]: If I made you Monday, please put your social chat in the blackout this Wednesday, I love y'all.
[SPEAKER_06]: and I'll have you guys in a show.
[SPEAKER_00]: Shout to Star Club, you know, the last time we did the class together, and then we gave them a little tip on something that you're looking forward to.
[SPEAKER_00]: And that's paid over.
[SPEAKER_00]: So we put money that I've walked for the yes and yes.
[SPEAKER_00]: Yeah.
[SPEAKER_00]: I am not as worksman.
[SPEAKER_00]: This is how I explain it.
[SPEAKER_00]: I'll content as it tends to be used and must be used.
[SPEAKER_00]: The informational purpose is only.
[SPEAKER_00]: It's very important to your own analysis before making any investment based on your own personal circumstances.
[SPEAKER_00]: You should take independent financial advice from a professional and connection with or independently research a verify.
[SPEAKER_00]: Any information that you found on our show and wish to rely upon whether for the purpose of making an investment decision or otherwise I don't know how this works man.
[SPEAKER_00]: Could you do the research share the research when it's great research get credit to those people as Bill wealth But I broke your counts.
[SPEAKER_00]: It's build our communities.
[SPEAKER_00]: That's built.
[SPEAKER_00]: Absolutely.
[SPEAKER_04]: Let's get it.
[SPEAKER_04]: So let's start with Build and block corner Maybe we can start that like a new segment of like you know things that you just need to know whether you just start knowing your financial journey rebuilding or [SPEAKER_04]: just trying to figure out and it's something that my son had asked me a while ago as far as like credit like what is fico and I thought you know what I described it a while back was that I feel like fico is your transcript as an adult.
[SPEAKER_04]: So like you know what I said.
[SPEAKER_04]: as a child, you have a transcript in high school, right?
[SPEAKER_04]: And that transcript is vitally important because what that transcript says, pretty much the term is where you're gonna go to college, right?
[SPEAKER_04]: So...
[SPEAKER_04]: they're making decisions based off of your grades, nine times at a time, actual curricular activity, stuff like that, but they're making decisions based off of your grades in your report card for you to determine what type of student you're going to be.
[SPEAKER_04]: Sometimes they're wrong sometimes they're right, but that's what they're going to do, right?
[SPEAKER_04]: As an adult, your report card doesn't really matter, but what does matter is your credit score.
[SPEAKER_04]: They're making a bank is going to make a decision whether you're worthy enough to get a loan to buy a home, whether you can live in a department.
[SPEAKER_04]: Sometimes, whether you can get a job, whether you can't get a car, whether you're going to pay an extra $200 a month for the car because they're seeing if you're a responsible person.
[SPEAKER_04]: And how they're determining your responsibility is based off of your FICO score.
[SPEAKER_00]: Yeah, the interesting thing about FICO is like most people here about it.
[SPEAKER_00]: They don't even know it's a publicly traded company.
[SPEAKER_00]: And one of the best in the market, one of my favorites.
[SPEAKER_00]: Yeah, if you look at this charts over the past five years, you see how crazy it's going.
[SPEAKER_00]: But most people realize when it's too late, right?
[SPEAKER_00]: They'll figure out, I got to figure out my credit score.
[SPEAKER_00]: Who was FICO?
[SPEAKER_00]: And so the idea of, [SPEAKER_00]: beer rolls coming together to give you a score that a really pretty much can determine like you said that transcript about trustworthy you're going to be right like can we loan to you whether that's for a car or that's for a home or whether that's for trying to get a job like that score is so important.
[SPEAKER_00]: And so when I'm looking at them like how do they actually make money?
[SPEAKER_00]: right so they don't actually sell credit scores they actually license the algorithm for the credit scores and if you're in any financial institution people are going to track your credit score so they get to sell that over and over again when did they make the most money well when you see people actually trying to buy homes and so when you're just as low when people are redefined and that's [SPEAKER_00]: You just watch FICO shot, that's one of those tidbits that most people don't think about, but everybody has to use, especially if you're in America, right?
[SPEAKER_00]: If you're trying to invest, especially in real estate, or like I said, try to get a vehicle, you're going to need that score, and once they know you need an interest rate drop, and money becomes more affordable to people, and they're like, all right, well, this is a time that we should be watching this company.
[SPEAKER_00]: It actually reported last week, so these are those little tidbits that people don't talk about in finance that you should know.
[SPEAKER_06]: wanted to best perform in stocks in the last 10 years and on top of that they have a quiet monopoly that most people don't think of.
[SPEAKER_06]: I've always been told to think of your FICO scores your financial trust score.
[SPEAKER_06]: And I think you guys both touched on it, but it's a lot of people who have been turned away from amazing careers because that score wasn't high.
[SPEAKER_06]: So it's really important [SPEAKER_04]: Hmm, kudos to my brother, you know, but MVP in all areas of life, you know, and, and I think the last thing that there's interesting about this is like, you know, FICO, as you said, is a, is a traded stock on on stock market, right?
[SPEAKER_04]: So, [SPEAKER_04]: What happened is that when it it IPO in 19, it IPO in 1987 one dollar and and 47 1947 one dollar and 40 cents is currently trading at $1,700 and 30 cents.
[SPEAKER_04]: But if we look at the chart it it really starts to go crazy it really started to go crazy around 2014 [SPEAKER_04]: Well, 2021, let's just say 2010.
[SPEAKER_04]: 2010 is started to take off tremendously, right?
[SPEAKER_04]: If you look at the financial markets, right, especially after the great recession, Dodd-Frank, all this, and it says a lot about the economy that we're in right now, the importance of credit scores.
[SPEAKER_04]: If you look at how the world was shaped in 1988, your credit score, [SPEAKER_04]: was the completely different metric of meaning of far as your life importance and it is in 2025.
[SPEAKER_04]: You can't even really live without credit score right now.
[SPEAKER_04]: Yeah.
[SPEAKER_04]: Well, it says a lot about the times but that we're in, but to put it in perspective, the stock is of 85,000 per cent.
[SPEAKER_04]: Since it's a cent cent cent.
[SPEAKER_06]: Power of long-term hoda, yep, and cent.
[SPEAKER_04]: It's up to 85,000 per cent.
[SPEAKER_06]: And importance of intellectual property that others cannot easily recreate.
[SPEAKER_00]: Yeah.
[SPEAKER_00]: I mean, you talked about a start that was up at 2400 hours.
[SPEAKER_00]: And so if you look at that peak, look at that pandemic run, right from like 2019, we're trading under 630 to that 2400 dollar run, that's not an incredible run.
[SPEAKER_00]: And now it's pulled back a little bit, right?
[SPEAKER_00]: There's some uncertainty, right?
[SPEAKER_00]: We've seen it over the past three years.
[SPEAKER_00]: We saw the market pulled back in 2023.
[SPEAKER_00]: And so there's still some uncertainty, but here's one thing that's going to, and till America changes the credit system, right?
[SPEAKER_00]: This is a company that's not going anywhere, and this is one of those numbers that's going to be worth.
[SPEAKER_00]: And you're going to need, you know, absolutely going to need.
[SPEAKER_04]: I mean, it's like, you know, once again, Wu Tang when they said in 96 cash rules everything around me, and then we actually made that t-shirt, when we first started that cream, yeah, credit rules everything around me.
[SPEAKER_04]: You've seen it happen in real time right now how the monetary system has changed to become a pretty much cashless society at this point on and everything is run on credit.
[SPEAKER_04]: So understanding the credit credit credit rules it's like the clips on fake on.
[SPEAKER_04]: Yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, [SPEAKER_00]: Grammy nominated, I know they talked about how important the Grammys were to them and going to one that got nominated for five Grammys, I see them winning at least three or four of them, I definitely got it.
[SPEAKER_06]: And obviously one of the greatest campaigns that the last ten years, just like one long rollout of quality and video music and fashion on my [SPEAKER_06]: It's a bit of a massacre.
[SPEAKER_04]: I'm marketing standpoint.
[SPEAKER_04]: They had the best role that I've seen in years.
[SPEAKER_06]: Jesus.
[SPEAKER_04]: To them, our nation, their whole team, because I've never seen somebody that, man, they was on.
[SPEAKER_04]: They would think that there was Michael Jackson's for us, how many articles that they had written about them and then, you know, into me who've had a team, right?
[SPEAKER_04]: Performed the Vatican, that's 100%.
[SPEAKER_04]: And just good people, man, like, you know, malice somebody that's been highly respected for a very long period of time.
[SPEAKER_04]: See him step away and then step back like he never left.
[SPEAKER_04]: Push a T some way that we've run into a few times that I've spot in Paris.
[SPEAKER_00]: Yeah, yeah.
[SPEAKER_04]: We interviewed him for aspect of a lot of abilities, you know what I mean?
[SPEAKER_04]: He's a super smart dude as far as getting money from on a medical side.
[SPEAKER_04]: Yeah.
[SPEAKER_04]: We're medical transportation companies and he got a bunch of stuff from the McDonald's license and he really talked about that before.
[SPEAKER_04]: So, you know, these do guys not just successful for no reason, like they're really smart.
[SPEAKER_04]: Like I think hustling, because they are the last thing I think about this is I think the clips.
[SPEAKER_04]: Dave, solidify hustling, right?
[SPEAKER_04]: hustling is not just a matter of, you know, just hustling on a street corner.
[SPEAKER_04]: Like, you really got to stay up to the time.
[SPEAKER_04]: You got to be in tune with going on and you got to actually have a sharp mind.
[SPEAKER_04]: So even for them to like, you know, that fico, you know, the stock fico, like, that's like, you know, you got to be understand what's going on right now, because the world is moving so quickly.
[SPEAKER_04]: And if you pay attention to trends, you can make money.
[SPEAKER_00]: Yeah, and the best teaching has always been music, especially for us.
[SPEAKER_00]: Like we grew up just listening to music and trying to learn things.
[SPEAKER_00]: So when I looked at the track list, I said, fight, go, I said, I just something, we got to tap into them.
[SPEAKER_00]: But shout to them, like I said, Grammy nominated, well, deserve.
[SPEAKER_00]: They said, that malice, my god, verse of the year.
[SPEAKER_00]: First, don't sing.
[SPEAKER_06]: I watched them in the evaporated year, if we don't know.
[SPEAKER_00]: You might yell, honestly, I don't see his name.
[SPEAKER_00]: He's there, man.
[SPEAKER_00]: One of my one of my favorites, again.
[SPEAKER_00]: just a classic album and a classic rollout.
[SPEAKER_00]: All the visuals have been incredible as well.
[SPEAKER_00]: So shout to them and it produces.
[SPEAKER_00]: And I think they just sound with CAA, man.
[SPEAKER_00]: These guys are just elevated.
[SPEAKER_00]: And what they've done is they stayed authentic throughout their career.
[SPEAKER_00]: And they show and they can be great at any age of this music thing, man.
[SPEAKER_00]: So shout to them.
[SPEAKER_04]: Oh, I think.
[SPEAKER_04]: All right.
[SPEAKER_04]: So that's the beginning, it's corner.
[SPEAKER_04]: We talked about FICO.
[SPEAKER_04]: We also tied it in on some culturally relevant, you know.
[SPEAKER_04]: vibes, but let's talk also too.
[SPEAKER_06]: If you want to pay a article on moody's together, another ridden's agency, you've got a nice little raiders index that is impenetrable.
[SPEAKER_06]: Right, a dash.
[SPEAKER_06]: What's your future straight into per week?
[SPEAKER_06]: I said this last week that I shouldn't even say it, but I'm going to say it again.
[SPEAKER_06]: Um, you shouldn't be trading our time frames and a lot of just like, wow, hi, what's this secret?
[SPEAKER_06]: Yeah, that's a secret.
[SPEAKER_06]: I can't tell everything, right, but what I will say is from my experience, those that I've had the chance to watch.
[SPEAKER_06]: Who managed more than 50 million none of them are trading in a lot of time frames.
[SPEAKER_06]: I used to love the 15 minute.
[SPEAKER_06]: Um, ironically enough October 31st of my 10 year anniversary in features, which is crazy to think about.
[SPEAKER_06]: So when I went down to Wall Street and then when I had other chances to talk to people who used to work at exchanges, [SPEAKER_06]: The way that most people are trading in a retail space is dramatically different than how they do it in the hedge fund or fund to fund space.
[SPEAKER_06]: And time doesn't move and odd sequences and moves and even sequences.
[SPEAKER_06]: So I know some people had a little bit of pushback for it.
[SPEAKER_06]: But look at your piano.
[SPEAKER_06]: The two things I want you to look at is for every doll that you put in, how much you get in back.
[SPEAKER_06]: And how well are you able to do?
[SPEAKER_06]: over a year.
[SPEAKER_06]: Some people are judging why I used the one or the three minute and I've done well, but you've done well for three weeks or three months with it.
[SPEAKER_06]: have you been able to sustain two years, four years, six years worth of returns or growth?
[SPEAKER_06]: And I don't know many people who trade timeframes and who are making a hell of a lot of money do.
[SPEAKER_06]: So I do know quite a few people that have made millions from trading even timeframes.
[SPEAKER_06]: So it's one slight disadvantage, it's not the only thing, but it does give you an advantage that [SPEAKER_06]: And also, too, if you have one screen up with even timeframes, as you trade off of, and another one with all the indicators everyone else uses with out timeframes, you can use that against them to know when they get into the market and want to web saw against them, or take a reverse pin bar, because they got the direction wrong, because they look in it too bold, but the time frame.
[SPEAKER_00]: I'm going to say the reverse pin bar.
[SPEAKER_00]: You know, I got me thinking as you were speaking at this point, especially in today's market, what defines a season invested?
[SPEAKER_00]: I feel like, you know, with technology and all the resources that retail investor has, what is there a amount of time investing that makes someone season?
[SPEAKER_06]: I think everyone's skill levels, different.
[SPEAKER_06]: I think you can argue the same thing with athletics, like I think you have more tools and [SPEAKER_06]: There's more people playing a game and trading and in athletics, but some have been broken to stats of the great shit, but on a trading base, like you should have it down.
[SPEAKER_06]: And I've been access before.
[SPEAKER_06]: How long does it take you to get good?
[SPEAKER_06]: It shouldn't take you longer until years if you're dedicated.
[SPEAKER_06]: You cannot be half way in and half way out in this though.
[SPEAKER_06]: Like, same with media, same with building a business.
[SPEAKER_06]: We all know people who will start and then stop and then come back six months later with the new venture.
[SPEAKER_06]: And it should take you two years to max to get a strategy down where you're able to make money consistently and almost pick apart when you want to be profitable.
[SPEAKER_04]: Let's talk about, okay, very insightful.
[SPEAKER_04]: Let's talk about politics, Donald Trump.
[SPEAKER_04]: He recently just got bored on the Washington, his command is, yeah, slow that.
[SPEAKER_00]: We got to max.
[SPEAKER_04]: So, we're gonna talk about the government.
[SPEAKER_04]: their market reaction to the good news on that.
[SPEAKER_04]: But first, let's talk about Trump's proposed plan to give Americans $2,000 from terror for revenue, right?
[SPEAKER_04]: So all the Americans $2,000, given it, terror for dividend, funded by terror for revenue, except for high income earners.
[SPEAKER_04]: Now this still has to go through a variety of different channels for it to actually get past.
[SPEAKER_04]: Right.
[SPEAKER_04]: Right.
[SPEAKER_04]: You know, it's a definition pretty crazy because our all right.
[SPEAKER_04]: The Republicans as a fiscal conservative run on lowering the debt and cutting out government subsidies, cutting government spending.
[SPEAKER_04]: And that was one day.
[SPEAKER_04]: what when Novogratz was telling us before as far as he fully expect this that Trump would raise the debt because he said Trump loves to spend money, which would go with the Republican ideology.
[SPEAKER_04]: But only thing that's happened in the last year is record breaking numbers as far as the national debt is concerned.
[SPEAKER_04]: Also, [SPEAKER_04]: you of the dollar has gone down tremendously.
[SPEAKER_06]: Uh-huh.
[SPEAKER_04]: This is so our sentiment is down.
[SPEAKER_04]: But this just does both of those.
[SPEAKER_04]: This adds to the debt anywhere from this adds to the 300.
[SPEAKER_04]: This is going to cost anywhere from 300 to 500 billion dollars.
[SPEAKER_04]: And when you talk about inflation, you're devaluing money by just putting money into the marketplace.
[SPEAKER_04]: So I think that he's looking, this is an easy way to kind of get support because we talked about it as far as the pandemic and how that really, really helped a lot of people and how it really set the sentiment that he was good for the economy because he kept money flowing.
[SPEAKER_04]: So maybe he's thinking, OK, we have him really, we kind of had some shaky moments.
[SPEAKER_04]: It's the fourth quarter.
[SPEAKER_04]: It's almost Christmas time.
[SPEAKER_04]: If I could just put $2,000 every Monday's pocket, [SPEAKER_04]: They're going to feel a lot better about my administration and me.
[SPEAKER_04]: And I could say that I got it from tariffs.
[SPEAKER_04]: So I can use the excuse that it's not coming from any government budget as money that we weren't expecting anyway, even though some people say that we really know that even we don't really even have one tariff deal done yet.
[SPEAKER_04]: That's with some people.
[SPEAKER_00]: That's a solution.
[SPEAKER_00]: Yeah, I mean, there's another part to it.
[SPEAKER_00]: I'm glad you brought all those pieces up and I'll let you add to it as well, that federal government, right?
[SPEAKER_00]: The Supreme Court is actually hearing the case to see if these tariffs were legal, right?
[SPEAKER_00]: Because if not, then the tariff money that they were collected from these companies might have to be refunded.
[SPEAKER_00]: So, we might have to be refunded.
[SPEAKER_00]: And if so, that money goes back now, now what are we doing?
[SPEAKER_00]: If you've given money to citizens from that money, that potentially might have to be refunded, now what?
[SPEAKER_04]: But then I say, we have not collect some people to our spec, have speculations that we have not actually collected.
[SPEAKER_04]: But today, we're in contempt, yeah.
[SPEAKER_00]: Well, they got a calculator that just keeps running.
[SPEAKER_06]: I don't know, we don't know where it's coming from.
[SPEAKER_06]: It's all in no illusion.
[SPEAKER_06]: The reason why he gave away the money and COVID [SPEAKER_06]: of what happened out of Wuhan on his watch.
[SPEAKER_06]: So he had to financially lead with money to offset that there.
[SPEAKER_06]: And the same thing has happened again.
[SPEAKER_06]: It's a sign.
[SPEAKER_06]: Even Montgomery, one in the way he did in New York, has an indictment upon his leadership in the Republican Party and how well they're not doing.
[SPEAKER_06]: The Make America Great Again slogan hasn't really worked the American economy [SPEAKER_06]: very loosely together if not at all.
[SPEAKER_06]: And even if you look in the market, it may be 17 or 18 companies out of that's the P500 and the overall 6,000 stocks that are done incredibly well.
[SPEAKER_06]: If his campaign was going well, you wouldn't have to give $2,000.
[SPEAKER_06]: Because why not actually pay down debt?
[SPEAKER_06]: So it's been mismanagement on both sides.
[SPEAKER_06]: And just from world travel, there's if you're going to be very frank of what kind of [SPEAKER_06]: Most countries are running, I asked somebody this yesterday, and the last 50 years.
[SPEAKER_06]: How many presidents who have we had that were great presidents that have done great for the economy?
[SPEAKER_06]: No one could name five.
[SPEAKER_06]: That's an indictment on the political system, the American economy, and then too much spending, is a band-aid over a political one.
[SPEAKER_06]: And inflation has gotten up so high that $2,000 won't have an impact on you can't pay it for $2,000.
[SPEAKER_06]: If you have four kids you may, the $2,000 be going on, Christmas dinner and present is not going to help.
[SPEAKER_06]: And if we're going to be doing more debtors or so.
[SPEAKER_00]: It's like the list of things like when we talked about it during COVID, right?
[SPEAKER_00]: I put my names on the check and it comes to tariffs.
[SPEAKER_00]: He brought the commander's game, the DC stadium got approved.
[SPEAKER_00]: He wants that now to have his name on it because it happened during his administration.
[SPEAKER_00]: And I guess he thinks, you know, his say in the matter actually persuaded it to actually get done.
[SPEAKER_00]: I mean, [SPEAKER_00]: It goes back to that marketing, I brain and whoever it is, I mean at this point, I can't, I don't think it's in, obviously, it's a smart team around them.
[SPEAKER_00]: But how can we make a moment how can we keep these moments happening?
[SPEAKER_00]: This is just year one.
[SPEAKER_00]: It could eat some headaches in the next couple of years.
[SPEAKER_00]: And so let's get a front of it.
[SPEAKER_00]: Hey, remember I did this for you.
[SPEAKER_00]: I least did this for you.
[SPEAKER_06]: The core 10 in the marketing is the actual underlying product has to work.
[SPEAKER_06]: what makes Apple advertising so great is that when the iPhone came out, it did what Steve said it was gonna do.
[SPEAKER_06]: This administration has the only people that have really gotten rich from this administration are those of us that are investing instead of marketing in his industry.
[SPEAKER_06]: The American people I feel in richer is a result.
[SPEAKER_06]: credit card delinquency is at an all-time high, auto loan, re-boes are going up to an all-time high.
[SPEAKER_06]: The job market in October 158,000 jobs were either reduced or taken out of the market, which matches the number of 2,000, I saw like Bernie Sanders.
[SPEAKER_06]: Yeah, we'll just end up in a mismanagement at one of the highest levels we've seen in a long time.
[SPEAKER_00]: One of those great indicators that we spoke about in addition to what you just said was that student loan [SPEAKER_00]: Right, we're now coming on the year with that, the payments out.
[SPEAKER_00]: We didn't, right?
[SPEAKER_00]: So did I know you get this six months deferment, I've been in that position.
[SPEAKER_00]: Now, we're getting into that point where we're going to have some reports on where we're at with this.
[SPEAKER_00]: And I would, I would assume it would be pretty high.
[SPEAKER_00]: Right.
[SPEAKER_06]: And that box all of us.
[SPEAKER_00]: Yeah.
[SPEAKER_06]: What's the probability of it getting better on either side?
[SPEAKER_06]: I keep stressing this.
[SPEAKER_06]: I don't know.
[SPEAKER_06]: One person on either side of the aisle that has a solution to fix this.
[SPEAKER_06]: So much so apparent to us that, hey, I'm done, you got to be done with college.
[SPEAKER_06]: Just come work here directly.
[SPEAKER_06]: Like the American education system is dying, the collegiate student.
[SPEAKER_06]: And now, one side of the aisle wants to say, well, everyone was too woke and you got the wrong degree.
[SPEAKER_06]: That's like, [SPEAKER_06]: Now, there are people with bachelor degrees in business that can't get a job.
[SPEAKER_06]: There are people with engineering degrees that can't get a job.
[SPEAKER_06]: It's not just the liberal arts kids that made a mistake.
[SPEAKER_06]: And there's so much blame to go around for shots you make this point.
[SPEAKER_06]: The difference between here and UAE, like there's one person in control.
[SPEAKER_06]: And the states, you really have 51 different types of leadership.
[SPEAKER_06]: And it's not working.
[SPEAKER_06]: It hasn't worked for the law.
[SPEAKER_06]: It hasn't worked for 24 years, minimum, and there's no correctment with the formation of bricks, and we had a Daniels conference.
[SPEAKER_06]: Someone asked how much longer does a maker have before the number two?
[SPEAKER_06]: The estimate is 55 years.
[SPEAKER_06]: But the science of it are trickling into the economy, and it's not just people who are upset, so much so even Peter Teele in 2020 said a memo after Zuckerberg of the socialism and socialism rising.
[SPEAKER_06]: And Madami is probably the first person, but I think in over the next coming years with the cost of everything being so hot, this movement is really gonna take off.
[SPEAKER_00]: You broke the pound tier thing and it was actually something I loved to have both y'all opinions on it because it'd be pretty insightful.
[SPEAKER_00]: What he said was that college is no longer attrusted breeding ground for our brilliant, right?
[SPEAKER_00]: So what the idea was is he hired 22 paid interns for a four month program at the end of the program.
[SPEAKER_00]: He's figured out who was the best and maybe I think two or three of them were selected to have full-time positions.
[SPEAKER_00]: Is that a model that we can see that [SPEAKER_00]: is formidable for the future, right?
[SPEAKER_00]: If we're looking at the student loans and we're seeing how much college scores can we now just pick our talent?
[SPEAKER_00]: I mean, they do it, obviously, in that fight.
[SPEAKER_00]: It's can we now do that in business, but we're picking the best talent out of high school?
[SPEAKER_00]: It's not, sorry, it's not being these companies.
[SPEAKER_06]: It's a good idea.
[SPEAKER_06]: I think it's a good bridge, but it's short-sighted.
[SPEAKER_06]: Now, there's the American college system and education system have to be retooled.
[SPEAKER_06]: Yes.
[SPEAKER_06]: I don't think they want it to be though.
[SPEAKER_06]: I don't think anything that's broken in terms of institution if it's not fixed, they don't want it to be fixed.
[SPEAKER_06]: Just like capitalism.
[SPEAKER_06]: This parts of capitalism that are incredibly broken, they want it that way though.
[SPEAKER_06]: But he got that model from Teo, was Teo invested into talent here, so it is a bridge of anything.
[SPEAKER_06]: What do you think was right?
[SPEAKER_04]: Yeah.
[SPEAKER_04]: I think that's something that makes a lot of sense.
[SPEAKER_04]: For people that's extremely gifted, I think the college thing makes sense for people that but still trying to figure out, like even in sports, right?
[SPEAKER_04]: Like if you know that your LeBron James was the point of going to college.
[SPEAKER_04]: So if you really have signs pointing out your computer genius and you know, you're already on a trajectory to go to Silicon Valley.
[SPEAKER_04]: Why, why waste four years in school learning about, you know, [SPEAKER_04]: Greek mythology and you know all types of other stuff that you don't really necessarily need they can just take you from high school but a lot of kids don't know what they're going to do or or may not be exceptional and one thing they haven't found that exception ability yet so that's where I think the college kind of gives you time to figure out.
[SPEAKER_06]: Okay, this is really, because sometimes you go to college and you think you're going to major one thing it in two years later you change a major So, but yeah, he's that wrong What like if a person bought something from us and didn't know what they wanted to do What they'd be right around I always hated the pitch of college that Come find yourself here because the cost was too high to do so Yeah, I mean, yeah, it's the argument [SPEAKER_04]: But then also, yeah, sometimes you sometimes you don't know them, sometimes you don't know, like especially when you young, if you 17 years old 18, you really, what you think is necessarily what it is, even when you 22, you might not fully fully.
[SPEAKER_04]: be able to make a permanent decision.
[SPEAKER_04]: You might not be in a space to make permanent decisions at 18 years old.
[SPEAKER_00]: I don't think so.
[SPEAKER_00]: I think we're with three prime examples of that.
[SPEAKER_00]: What we were doing at 20, 21, we're no longer doing.
[SPEAKER_00]: Right?
[SPEAKER_00]: Like, looking for art.
[SPEAKER_00]: Yeah.
[SPEAKER_00]: These games in, like whether it was in, at that time, you were still in school, but at 21, I'm trying to figure out if I'm going to be a teacher, like all those things are building blocks to get to where we were at, but they're not necessarily the core thing of what we were thinking we were going to do at 21.
[SPEAKER_04]: So I think that, I think that, from me personally, right?
[SPEAKER_00]: Yeah.
[SPEAKER_04]: I always wanted to be in business.
[SPEAKER_04]: I didn't want to look at school because I was...
[SPEAKER_04]: That was going to be a lot of math equations and stuff that I didn't even really need.
[SPEAKER_04]: I knew that early.
[SPEAKER_04]: So getting the communications to greet for me was something that was a safe bet.
[SPEAKER_04]: And I knew that, you know, you can't really go wrong with communications, but I'm not fully relying on the communications degree.
[SPEAKER_04]: And I started working to finance and around that I could work in as well as a financial advisor and then it led.
[SPEAKER_06]: media wasn't in the in the bingo cards, but business why do you percent sure that I think that I think that But even inside that it was uncertainty as long as I'm saying it's always going to be on security because you never You know it was on certainty without him taking on a certain amount of debt though, but I think if if okay Let me just think I'm gonna let you finish that because [SPEAKER_00]: like, we've been around each other for so long that I'm talking about, we just graduated in school, like I'm about to start grad school, he's just graduated and it's like, what's next?
[SPEAKER_00]: And I'm like, this is what I'm gonna do, he's thinking like, I think I'm this is what I'm gonna do.
[SPEAKER_00]: So there's that, we're gonna be professionals, they're still uncertainty, we've already finished college, and a lot of people in that boat, like I've done it, most people even get to that boat, like they don't even finish, but now we have finished, we have this quote on quote degree, [SPEAKER_06]: to me.
[SPEAKER_06]: From a business model standpoint, if someone bought stock club for me and I started delivering mathematical formulas for how to harvest corn, you're going to be like, what the fuck is this?
[SPEAKER_06]: That's our American educate, like even they're treating like a wellness retreat that [SPEAKER_06]: opposed if you look at other countries and how they're structured.
[SPEAKER_06]: They're helping you design your career path at 12 13 14.
[SPEAKER_04]: But also what you said, okay, time is back into investing.
[SPEAKER_04]: What you said last week was vitally important and you said it's a few times.
[SPEAKER_04]: The verseification is overrated.
[SPEAKER_04]: That's the problem with the American school system.
[SPEAKER_04]: It is that you go to a college and no matter what you're majoring, you've got to take a variety of different things that's not part of your major.
[SPEAKER_04]: That's overrated.
[SPEAKER_00]: That's the business.
[SPEAKER_04]: So it's important if you want to be an entrepreneur, realistically, they should just be teaching you entrepreneurship skills in day one.
[SPEAKER_04]: You should in half, they go to some to learn about the history of dance because that's a requirement for your liberal arts degree as far as the university.
[SPEAKER_04]: And then you got to do a six-week trip to France, to require it to require it, and then you got to do this.
[SPEAKER_04]: If you want to learn this go back to the talented.
[SPEAKER_04]: If you want to learn one thing, hyper-focusedness.
[SPEAKER_04]: Better than the idea that [SPEAKER_04]: Learn about everything so you could become a well-rounded person because nobody because you're not going to be well-rounded anyway I most of the doctors that I know know nothing about finance to this day most most of the people know nothing about politics So the idea that you're going to become a well-rounded person and know a little bit about everything and that's gonna Help you out and like it's completely highly overrated, but I do want to come back to investing Michael Barry [SPEAKER_04]: So somebody that has become extremely famous in a world of investor, you know, legendary, big short position, but he's been very conscious of something.
[SPEAKER_04]: He made some big puts and bets to the downside on some of the top technology companies, Palantir, heavy, heavy, heavy, heavy, heavy, [SPEAKER_04]: bet on a downside to Palantir and a heavy bet on a downside to a video that came out last week.
[SPEAKER_04]: I didn't know both of this stocks have stumbled last week.
[SPEAKER_04]: I'm not necessarily because of that, but the market itself has stumbled and then you had CEOs of Goldman Sachs and a few other companies saying that, you know, we're going to have a full and a market in the next 12 months or so, and then there's been constant talks of the AI bubble.
[SPEAKER_04]: So, picked up today on news that the government [SPEAKER_04]: for people that's investing in power and in video, is he on to something?
[SPEAKER_06]: I love Michael Burr, I wanna preference that.
[SPEAKER_06]: I wanted to go to trades in American history that what he did and called in that bubble, which he called out moody's, but far my trade is an investor's to think that I can not stress as a stock club.
[SPEAKER_06]: You don't know what his parameters are for when they trade.
[SPEAKER_06]: So he may have a billion dollars [SPEAKER_06]: and puts on palliative and in video and he may only want 12% gain and you're deciding what to do over the next five years off of his violence.
[SPEAKER_06]: I remember remaining long on in video and palliative, even though I don't like the company for what it does, the more I listen to Alex Kart, the more of an amazing CEO, I think he isn't.
[SPEAKER_06]: I wish he was that another one of my favorite companies, I don't want to say which one.
[SPEAKER_06]: Um, but I do like his hoods for the air.
[SPEAKER_06]: I was the first one to say, you had the crash and correction going to come to 27, but in video is not going to be one of the companies that crashes in 27.
[SPEAKER_06]: And Palantir ironically enough, given who has influence in the White House being Peter Till, his company is almost too big to fail as well.
[SPEAKER_06]: So when you're looking at someone else's portfolio, [SPEAKER_06]: Hey, you need to know if they're holding for long term or short term and be if you don't know what their metric is for it wouldn't trade.
[SPEAKER_06]: You can't base your long term portfolio off of their move.
[SPEAKER_06]: He may need 20% to deliver to deliver out for to his clients, which in the office trade is really easy to get, and he's been wrong.
[SPEAKER_06]: I mean, a couple of years ago, he said sell everything.
[SPEAKER_06]: Yeah.
[SPEAKER_00]: How old are you?
[SPEAKER_00]: I was going there.
[SPEAKER_00]: Let's go there.
[SPEAKER_00]: So there is merit.
[SPEAKER_00]: I will say this.
[SPEAKER_00]: This is a brilliant mind.
[SPEAKER_00]: We're not going to discredit here.
[SPEAKER_06]: Yeah, but one of the greatest all time.
[SPEAKER_06]: And we're really quick.
[SPEAKER_06]: Stop sitting here only got one thing right.
[SPEAKER_06]: He managed his capital and his own capital for decades.
[SPEAKER_06]: and never win broke while fighting the government and big banks in that trade.
[SPEAKER_06]: He's been right a bunch of times and it has been right, but he's got a couple of them wrong, and I think this is one of my pants.
[SPEAKER_00]: Even if he got the one thing right, that's the one thing right, like if you made a billion, yep, hey, okay, I don't even know what I mean, I don't even know what I mean, I don't even need to [SPEAKER_00]: There's a part of it that has married and that's the oversized valuation of the company when we're talking about Palantir.
[SPEAKER_00]: And so the amount of money, I mean, just do the large sums that he's put shorts on.
[SPEAKER_00]: So I think roughly a billion dollars that he's putting a shorts thing 170 is Nvidia shorts and then you have about, [SPEAKER_00]: eight hundred and ninety to nine.
[SPEAKER_00]: Some, some number like that for, from Palantir, for that Alex Carp to see the Ohio City's best shit crazy, but the valuation, if you look at it, Palantir, is extremely high, extremely high, and that is concerning.
[SPEAKER_00]: If you have, you're going to war to twenty twenty eight.
[SPEAKER_00]: Well, certain things have to happen in order for that.
[SPEAKER_00]: Right, and everybody that we talk to in the tech world is like, hey, the Fed's tech is the way even we're seeing it happen.
[SPEAKER_00]: Happening and a lot of the global tensions that are happening or have happened, especially this year, this defense is being tested and being wasn't.
[SPEAKER_00]: I want to run down the list of the times when, over the past five years, so most people, especially in Mark and Mondays, were all to have didn't live through the great recession when Michael Berry actually, that one, right?
[SPEAKER_00]: But they have been here since 2020.
[SPEAKER_00]: So in 2021, some of the glaring misses, he actually shorted [SPEAKER_00]: Bitcoin in March of 2021.
[SPEAKER_00]: Bitcoin was at 31,000 by September of March of 21.
[SPEAKER_00]: It was at 64,000.
[SPEAKER_00]: So there was a miss there.
[SPEAKER_00]: He then said, this is before IPO for Robin Hood at IPO.
[SPEAKER_00]: Robin Hood was turning the market into a ginger's casino and took positions against that.
[SPEAKER_00]: Obviously, we've seen what Robin Hood has done since IPO has had a miraculous one.
[SPEAKER_00]: perform.
[SPEAKER_00]: There was that moment in January of 2023.
[SPEAKER_00]: And I think you were kind of alluding to that in a way.
[SPEAKER_00]: He famously said to sell because there was going to be one of the biggest crashes of all of them.
[SPEAKER_00]: He was calling them the mother of crashes where the S&P would perhaps full 50% in 2023 percent crash is the probability is less than 3%.
[SPEAKER_00]: Well, the S&P rose 21% in 2023.
[SPEAKER_00]: NASDAQ was up 27, I think, the Dow Jones was up 24.
[SPEAKER_00]: So he was off.
[SPEAKER_00]: And to that, he apologized, right?
[SPEAKER_00]: He said, to his credit, he apologized to what.
[SPEAKER_00]: So if you're using him as a metric, not, should you be trading out, you said, you don't know what his incentive is, or what he's looking at.
[SPEAKER_00]: If you're using him solely, [SPEAKER_00]: These statistics will tell you what probably not the best thing.
[SPEAKER_00]: Can you see some of the reasons why he's saying this?
[SPEAKER_00]: Yeah, the merit inside of Palantir.
[SPEAKER_00]: And video, I don't think there's the same case.
[SPEAKER_00]: I couldn't get the tea leaves on why in video, outside the, obviously, the AI story and that constant fear of that bubble word inside of AI, but I'm with you.
[SPEAKER_00]: I'm glad you said it tonight.
[SPEAKER_00]: there is going to be a moment of correction inside the space and some companies won't exist, but that's not the one.
[SPEAKER_06]: That's not one.
[SPEAKER_06]: And lastly, investors and traders we can suffer from traders delusier, meaning the thing that caused and produced our biggest trade, we think that's going to work for every asset class.
[SPEAKER_06]: So because his Bitcoin was the big short him, I've said it before, the big long pause is the movie that you got should be running your own life because you should be long, all tech, Bitcoin which is tech.
[SPEAKER_06]: And even the reason why I go when up so much is because [SPEAKER_06]: and other countries in bricks were buying gold and net positive buyers of gold.
[SPEAKER_06]: So sometimes you can be so focused on trying to recreate a win and that's not the natural direction of an asset.
[SPEAKER_06]: Most assets are rare to stay up, even with Palantir, not the biggest fan of what they do personally.
[SPEAKER_06]: But if I have the backing of who funded me, [SPEAKER_06]: The same way Apple will make that iPhone 11.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0 [SPEAKER_06]: Palmer's right here at Andrew.
[SPEAKER_06]: So if Andrew is valuable, that's also going to drive up the value of Palantir because now you have cops for defense tech.
[SPEAKER_00]: Yeah, I think that's the piece that we don't think about, right?
[SPEAKER_00]: Like we're talking about the defense tech.
[SPEAKER_00]: At some point, they got a test this thing out.
[SPEAKER_04]: Test well.
[SPEAKER_00]: the defense technology that they're actually making.
[SPEAKER_04]: They have tested that.
[SPEAKER_04]: They're not testing out.
[SPEAKER_04]: They're using it.
[SPEAKER_00]: This is what I'm saying.
[SPEAKER_00]: Right?
[SPEAKER_00]: So, he kind of alluded to it.
[SPEAKER_00]: And that's why I'm allegedly like sometimes crisis it is.
[SPEAKER_00]: Or conflicts are created.
[SPEAKER_06]: Or crazy.
[SPEAKER_00]: Just what reason?
[SPEAKER_06]: Well, they'll use some of them draws to spot here.
[SPEAKER_06]: Go over the ground.
[SPEAKER_06]: Not here, but the states.
[SPEAKER_04]: Please, please, you don't need to stay.
[SPEAKER_04]: Even if you don't use it, you still don't buy it.
[SPEAKER_04]: You still don't buy it if you don't use it.
[SPEAKER_04]: If somebody else has a gun neck, it's big and young and then you've got to get a gun and you've got to get a bazooka and you've got to get a time-a-hawk, but you might not ever actually use it, but it's the idea of fear through intimidation.
[SPEAKER_04]: If you know that I have something that can completely obliterate your whole entire country in one second, you're going to be a little bit more, you know, cautious how you handle the [SPEAKER_04]: is for as face recognition is for drones that's getting used America and and other countries currently.
[SPEAKER_04]: But everything that they're developing is going to have to be purchased because nobody wants to have the weaker arsenal.
[SPEAKER_06]: crisis arising bad leadership in the country, can't afford to.
[SPEAKER_06]: And America searching for IPO and publicly traded darlings to help the debt situation not be worse.
[SPEAKER_06]: A guy except everyone all the time is America better or worse off without a video.
[SPEAKER_06]: They are the two new people.
[SPEAKER_06]: I know people keep saying, what's like Cisco or like, in Iran, no, they're actually producing at a high level.
[SPEAKER_06]: They are the pillar that's keeping the American economy afloat.
[SPEAKER_06]: Meanwhile, China's open source and everything to try and beat us.
[SPEAKER_06]: And when people have it as you would spend, where we're spending that much capital on forcing people to work together, so China doesn't beat us.
[SPEAKER_06]: Even up on May, we can't get the idea I think down.
[SPEAKER_06]: Can we just pay you to fix our AI?
[SPEAKER_06]: We're seeing old partnerships come back that once died and now Tim Cook and Google CEO are sitting down figuring that part out and it's working pretty well.
[SPEAKER_00]: Yeah, that search number just went up.
[SPEAKER_00]: just moved like that, but that you're right, and this is why we kind of started that conversation last week like who's the most important, and we're talking about national security for the next, I mean, foreseeable future.
[SPEAKER_00]: This is a company that is protected, and it is, I mean, we could say too big to fill at this point.
[SPEAKER_04]: So, for people, okay, only a financial journey, and they hit [SPEAKER_04]: What should they do next?
[SPEAKER_04]: Like, what's next after you become a man there?
[SPEAKER_04]: I'll get some advice.
[SPEAKER_04]: Don't make any large purchases.
[SPEAKER_04]: Include included.
[SPEAKER_06]: Salted.
[SPEAKER_06]: I'll say it again.
[SPEAKER_04]: Any large, don't make any large purchases.
[SPEAKER_04]: Yeah.
[SPEAKER_06]: Stay in the same place you've been in.
[SPEAKER_06]: Food on the house.
[SPEAKER_06]: Rusha, they're going to say that you're an anti-holmist.
[SPEAKER_00]: I'm not going to do this.
[SPEAKER_00]: No, no, we're dead.
[SPEAKER_06]: But tell them why that's important.
[SPEAKER_00]: Yeah.
[SPEAKER_04]: Because [SPEAKER_04]: your primary home, unless it's a multi-family home, it's not going to be a asset for you in the moment, over the course of time, but it's going to be a liability for you in the home.
[SPEAKER_04]: So you still trying to collect as many assets as possible to grow your wealth.
[SPEAKER_04]: You don't want to take two steps back after you made three steps forward.
[SPEAKER_04]: So you make a million dollars and you have a million dollars and then you spend $700.
[SPEAKER_04]: I think 600,000 on a house that's going to cost you an additional $8,000 a month.
[SPEAKER_04]: That's going to cost you an additional $30,000 a year in taxes.
[SPEAKER_04]: You're going to get fired in training in my education.
[SPEAKER_04]: Like the way you started in a couple hundred thousand and like me, you know what I said?
[SPEAKER_04]: That ain't a real money.
[SPEAKER_04]: That's bill money.
[SPEAKER_04]: No disrespect, but that won.
[SPEAKER_04]: One bad situation and now you backed the rock bottom.
[SPEAKER_04]: So it's about playing a long game.
[SPEAKER_04]: real estate for sure is a good investment over the course of time has always grown up in value but it can it can hurt you as well so if you're going to buy real estate we talked about the multi-family play all about you know as bars having you know places that other people live in and now you're a landlord and you're collecting rent while you're asset appreciates [SPEAKER_04]: And you might want to continue to actually run a place because if you actually doing business out that place, or a structure properly, which is CPA, you can write that off of the tax, but you're still keeping large sums of money, you have access to it.
[SPEAKER_04]: You never want to tie your money up until you can properly afford it.
[SPEAKER_04]: Then when you get to a point, it doesn't matter, then it's like, it doesn't even matter.
[SPEAKER_04]: But until then, when you first become a millionaire, some of the trappings in [SPEAKER_04]: of success is the real estate, the large real estate play.
[SPEAKER_06]: It's luxury car, yes.
[SPEAKER_04]: So, the car done the wrong way, right?
[SPEAKER_04]: As far as putting $200,000 down or buying a car to $250,000 outright in cash, because you feel like you have enough money when that's going to go down in value, or I mean, then by the time you sell it, you're going to get $55,000 back out [SPEAKER_04]: of avoiding lifestyle, creep, and just continue to invest, continue to invest in smart investments, and to really, really value and respect.
[SPEAKER_04]: the money.
[SPEAKER_04]: You got to respect money.
[SPEAKER_04]: I tell this story.
[SPEAKER_04]: I told this story on M2N and they was telling us about a legal then go to an illegal then go to the richest black person in the world, Nigerian, uh, tycoon, and they were saying like, you know, he was kind of like, yeah, the situation where he was like buying something that was pretty beneficial and the grants came up things.
[SPEAKER_04]: The bagel was something like that.
[SPEAKER_04]: But he was just, you know, kind of going over the bill with the waitress just to make sure that, you know, he was getting charged with a right [SPEAKER_04]: And some people might look at it like, well, if you were 30 billion dollars, what's the actual 10 dollars going to do?
[SPEAKER_04]: But it's a mine.
[SPEAKER_04]: And it's a mine sort of entertainers that, so you, in one hand, you guys, extremely rich people that'll look over every line item, everything, everything.
[SPEAKER_04]: Then you have other people, like some entertainers or some athletes, yeah.
[SPEAKER_04]: Well, just say, I thought you was an additional $5,000 here and there.
[SPEAKER_04]: I'm not too stressed about it.
[SPEAKER_04]: I'm getting paid $15,000.
[SPEAKER_04]: If I can't get the fan on the pick me up, I'm not going to go to the show.
[SPEAKER_04]: That type of mindset will lead you broke because you're not valuing the money, because you have money coming in.
[SPEAKER_04]: So you're not looking at it from a standpoint of it doesn't really mean anything to you until it does.
[SPEAKER_00]: Yeah.
[SPEAKER_00]: I think that's all about on.
[SPEAKER_00]: I think living below your means is something I'm doing it for, I mean, I'm going to talk personal standpoint when we're going to hurt, made a million, how do I make to, how do we double this?
[SPEAKER_00]: How can I double this?
[SPEAKER_00]: Not how much can I spend, how do I double this?
[SPEAKER_00]: And what timeframe can I double this in?
[SPEAKER_00]: The next thing was like, all right, we made a million, how much of it do we actually keep, because that's the other part.
[SPEAKER_00]: Let me figure out how I can it make these [SPEAKER_00]: I'm a guard if I can, and then it was, all right, let's live below your means.
[SPEAKER_00]: And so, [SPEAKER_00]: make the million, look, especially in real estate, having a home, like I had a home, and I'm looking at, all right, my income is going up to like get the home right away.
[SPEAKER_00]: No, man, like we were in the five years of football at the home, right, I was still living in the home that I started to show in, right, and so I'm what I started doing the calculations.
[SPEAKER_00]: I'm like, I remember watching somebody break down, like how much you're monthly, the spills were income to go to your living, and it was like, oh, 30% I'm like, not, I got to have that template.
[SPEAKER_00]: You know what I mean so native million dollars and my mortgage or street dollars and I'm less than almost like 1% of that income I'm like, okay perfect.
[SPEAKER_00]: I don't need to have a home.
[SPEAKER_00]: How can we get cars, but we can do an strategic way that makes sense that it can be attached right off So now we do that now.
[SPEAKER_00]: It's just a clear road to saying all right.
[SPEAKER_00]: I've knocked down all those barriers.
[SPEAKER_00]: How do we get to two?
[SPEAKER_00]: right to what do we have to invest in what moves do we have to make how can we strategically align ourselves in partnerships that can get us to and so on to get to the tool was like all right well how we get the full it was the same idea that I had when I was working saying all right this is what I need to stop working this is what I need to do to stop working let's have my wife stop working and so always having that plan and being disciplined like you said respect and money being disciplined [SPEAKER_00]: you watch this in the world we live in, right?
[SPEAKER_00]: Especially in this world definitely during that pandemic era.
[SPEAKER_00]: You say, if I'm going on, you're being mindful of how money is being respected, how it's being spent, how it's being abused, and you're also watching people.
[SPEAKER_00]: no longer have it and so like that becomes like the catalyst to say all right now we got to be even more strange or what it because like just that's a telltale sign that sign wasn't putting to get a life of you just ignore it take heat to it learn for me if you're got how not to meet [SPEAKER_06]: One is good.
[SPEAKER_06]: There knows it's above financial water.
[SPEAKER_06]: No lifestyle could come to you.
[SPEAKER_06]: And that's the thing that I live, and even after you get to the level, you can argue to minimize lifestyle could then.
[SPEAKER_06]: Number two, and that's some things that increase your happiness index.
[SPEAKER_06]: The thing that people don't tell you like after you hit these Miami-Mino numbers, the high of hitting them goes away relatively fast.
[SPEAKER_06]: The person who you became on that journey is more important than I used to hit that, I just give you the million.
[SPEAKER_06]: And now there's a level of emptiness because now you realize I just got to the first level of the mountain.
[SPEAKER_06]: It's a lot more to climb up.
[SPEAKER_06]: Third, be debt-free.
[SPEAKER_06]: I know a lot of people going to tell you some debt is good and there's no better feeling than the oil nobody.
[SPEAKER_06]: No institutions, no banks, no people, nothing, being free and clear as the way to go and then lastly, you have to put your money into assets that have zero probability of going.
[SPEAKER_06]: to zero.
[SPEAKER_06]: If 10 years ago, I told you, bonds were not a good investment.
[SPEAKER_06]: You would have thought I was absolutely psycho.
[SPEAKER_06]: Here we are, have decade of bonds being underwater.
[SPEAKER_06]: So look for the investments that won't go to zero and they will give you a great return on investment that will allow you to sleep well.
[SPEAKER_06]: That's why when I tell you guys, if you're asking me every week about a particular company, is it overweighted that it out?
[SPEAKER_06]: You are investing either at the wrong price or the stocks to volatile it.
[SPEAKER_06]: And if you do those five or six things in combination, you'll be great in the NBA, okay?
[SPEAKER_06]: But no lifestyle could to get to your first level.
[SPEAKER_04]: Yeah, let me just don't do anything stupid too, because sometimes that's that is a golden rule.
[SPEAKER_04]: Invest your money, not in stock, long-term, like you said, good companies, avoid large purchases, don't buy jewelry, that's another thing that you think, so you might be doing something that's intelligent, like a house, but watch is not going up in value, nine times that it turned out, [SPEAKER_04]: that they told to you on diamonds and shambles, right going fucking, a lot of time left, he's gone, he's country's brought to be here.
[SPEAKER_04]: At a moment when diamonds are about to be worthless, a lot of time though, I just I've, [SPEAKER_00]: Crazy said that I just looked at a chart of the value of diamonds that are all time No, that's all time low because laptop.
[SPEAKER_04]: I was talking.
[SPEAKER_04]: We aren't Eric to jolt.
[SPEAKER_04]: He said and he was he was I'm asking him about and he's like, yeah, not laptop and he's showing me laptop.
[SPEAKER_04]: He's like, look, it's like the diamond.
[SPEAKER_04]: Like, you know, they do the diamond test.
[SPEAKER_06]: Why don't you answer?
[SPEAKER_06]: Yeah.
[SPEAKER_04]: I'm a test on a laptop and come back as a regular as a real diamond.
[SPEAKER_04]: So why would I pay for something that I could actually manufacture and it's the real thing It doesn't even it passed the test Diamonds is dead and like I said it's crazy.
[SPEAKER_04]: Yeah, this is it's an extremely unfortunate situation because Like they just one of my gosh out there, but he actually sent me that yesterday and it was like man This is dope like never saying like we finally we got one as far as on Africa because on In Gola in Botswana [SPEAKER_04]: teamed up and they they formed a partnership to to bod you the beers I think and I'm like yeah it's just interesting that that was the timing of it because diamonds out of all time low and it's probably not going to be worth the thing so it's the reason why they sold the company for sure it was that they would look with it to get up and I keep saying that when you get money and the company on earth finds a [SPEAKER_06]: every watch company, diamond company, luxury spirit has come, everyone has a 70,000, 80,000, 200 that like, just every watch company Jacob has his research and it's right.
[SPEAKER_06]: This one was going for 900,000 that are worth 100,000.
[SPEAKER_06]: You have to be careful and I don't mean that looks fun, but most of the people who are posting on the gram for the gram, they're not happy.
[SPEAKER_06]: They are asset, light, liquid, light.
[SPEAKER_00]: be careful extremely like that goes it goes into that theory of like you start to question anything in every like you the average person was up to a diamond ring or a diamond that they're not going to know the difference and the diamond then their natural elements and so a lot can create something that put those elements together at the same cut same clarity add color [SPEAKER_00]: see why that business would be very disruptive.
[SPEAKER_04]: I mean, not even average person, no person.
[SPEAKER_04]: If you could create something that's literally the same exact thing, it tests on it, no, no person can tell a difference.
[SPEAKER_04]: That diamond industry, that's terrible for the diamond industry.
[SPEAKER_04]: Unless you just have so much money where you just say, like, I just want, just real diamond industry.
[SPEAKER_06]: And if you have a good jeweler, they'll tell you.
[SPEAKER_06]: It's not even.
[SPEAKER_06]: It's not even worth it.
[SPEAKER_06]: Mike, but it's not even worth you getting the real diamonds for what you can do.
[SPEAKER_06]: So at that point, it doesn't matter.
[SPEAKER_06]: It makes, it's a bad investment.
[SPEAKER_06]: It's a jeweler.
[SPEAKER_06]: No, be careful.
[SPEAKER_06]: Everybody has a $190,000 car to say.
[SPEAKER_06]: And if you have one million, and two days, you can run through a million hours if you're stupid.
[SPEAKER_06]: You can.
[SPEAKER_06]: Diamonds are a girl best friend if you got three girls.
[SPEAKER_06]: You're going to be out of sixty real quick and then when that doesn't go well and they go palm your ass off.
[SPEAKER_06]: That's why keeps saying put the money into access to matter.
[SPEAKER_06]: Yeah.
[SPEAKER_06]: Be careful.
[SPEAKER_06]: And some of y'all getting robbed by one who got the videos on it would be careful.
[SPEAKER_06]: Careful.
[SPEAKER_06]: Stay invested for a long time.
[SPEAKER_06]: No, no, no, no.
[SPEAKER_06]: At least.
[SPEAKER_00]: And you're home to the B.
[SPEAKER_04]: B.
L.
[SPEAKER_04]: is Google asleep at AI company?
[SPEAKER_06]: Uh, if I wanted to wait to December, one of my favorite comeback stories of just flawless execution is Google.
[SPEAKER_06]: Google has done everything I wish Apple would have done.
[SPEAKER_06]: I can't wait for this update to come out.
[SPEAKER_06]: Um, but just at the highest level.
[SPEAKER_06]: when people were even starting to say what AI he rode, their search business completely.
[SPEAKER_06]: They found a way to invest and create AI at a faster scale.
[SPEAKER_06]: And as a great thing, it'd be in focus, because as Apple lost their focus, they were able to come in and be a partner.
[SPEAKER_06]: So it's a sleeper AI company we've been talking about all year, and I've been to say, like, once they made the switch in focus, I was the first one to say, hey, [SPEAKER_06]: they write it to ship, because I don't think that they're a sleeper company, but I do think that they are the quietest of the big tech companies in AI, but that's because they're actually executed in that of Hollywood.
[SPEAKER_00]: I think, yeah, I don't even know if I want to use the term seabird.
[SPEAKER_00]: I remember about a year ago, we were talking about this topic, and I think the one knock I had against them was that they didn't have the product.
[SPEAKER_00]: They didn't have anything.
[SPEAKER_00]: Right?
[SPEAKER_00]: There wasn't a thing.
[SPEAKER_00]: And then I spoke to some people in the tech world, and they were like, not sure, trust me.
[SPEAKER_00]: the thing is on the way.
[SPEAKER_00]: So obviously, using that information, doing the research, started to get some calls on them and this pretty well on those calls.
[SPEAKER_00]: And then at the all-star game this year in San Francisco, we were enlightened by some of the folks at Google.
[SPEAKER_00]: They had been watching the show and talking about some of the product things that were coming and we should just give it some time and then set some products over to us.
[SPEAKER_00]: What we've seen is, when we talk about the clips earlier, this is the technology, right?
[SPEAKER_00]: It's quite, it's just executing quite a lot.
[SPEAKER_00]: They're executing at the highest level, the product is phenomenal.
[SPEAKER_00]: When we're talking about AI, Gemini is still one of the top three, right?
[SPEAKER_00]: Yes, sure.
[SPEAKER_05]: And still improving.
[SPEAKER_00]: And still improving the field three is incredible.
[SPEAKER_00]: Last week, they talked about the potential new deal with Apple to be the search engine.
[SPEAKER_00]: Google has had a phenomenal year.
[SPEAKER_00]: They reported earnings last two weeks ago at an amazing order innovation looks incredible for the future.
[SPEAKER_00]: They're there, man.
[SPEAKER_00]: They're there.
[SPEAKER_00]: In fact, I was reading an interesting piece about how they're looking at search going forward, right?
[SPEAKER_00]: When we had the sky with an internet when AI, like chat, TBT, and Klawtat, the sky with an internet, [SPEAKER_00]: data source was Google because that's the place you know and now they're saying like in the future they're going to shorten that search so that models can't take it with me which was what we'll see right I'll say that yeah [SPEAKER_00]: Yeah, I feel like they were a little late to that, though, right?
[SPEAKER_00]: Had they saw that train coming?
[SPEAKER_06]: They would have, and reminded me, in Netflix, stopping a path for sure, like if data's the new era, they have all the other end of refineries, saying why you'll be an arrogant, what you can talk about in a little bit.
[SPEAKER_06]: Okay, well, let's cut the pipeline off.
[SPEAKER_06]: And I can feel that every update that Google does.
[SPEAKER_06]: It felt like at one time, every week, they were launching a new improvement just to find out.
[SPEAKER_06]: And once again, everything they're doing, I wish I could do it.
[SPEAKER_00]: Yeah, it's interesting, right?
[SPEAKER_00]: Because I didn't, I didn't even think about that.
[SPEAKER_00]: Like, you cut that pipeline off and for those, that what I'm trying to explain here is that when you search, right, like Google has like 30 holes inside the word, [SPEAKER_00]: That's how many search engines that they've done to come up with results in the future this and that they'll cut that down to maybe two pages, right?
[SPEAKER_00]: So remember when people used to go SEOs and really like, oh wait, we're trying to land on the first 10 searches, not I'll be confined so that the other companies won't be able to use that database to use inside their platform, which is instant.
[SPEAKER_00]: Could Apple have done this?
[SPEAKER_00]: I think Apple could have done something in artificial intelligence.
[SPEAKER_00]: I think the role is defined now.
[SPEAKER_00]: They're going to sit back and watch and say, how do we move, how do we enter the inside of what's already happening?
[SPEAKER_00]: Google is just innovating.
[SPEAKER_00]: They're just innovating at a very high level.
[SPEAKER_00]: And every time they innovate, there's a response.
[SPEAKER_00]: And so when Leo 3 came out, we saw Sora.
[SPEAKER_00]: They updated it.
[SPEAKER_00]: Here comes Sora too.
[SPEAKER_00]: They're leading the way now.
[SPEAKER_00]: Right.
[SPEAKER_00]: They're leading away.
[SPEAKER_00]: Searching is there.
[SPEAKER_00]: We know that it's a huge business.
[SPEAKER_00]: And obviously they still have that rely on call YouTube, which is just going to say.
[SPEAKER_06]: And once they figure out how to integrate veil into YouTube for creatives, if you want to cable come sell, what would be it like what's reality at that point?
[SPEAKER_06]: everybody at Google.
[SPEAKER_06]: Once again, I wish Apple would have done the same.
[SPEAKER_04]: So there's a thing called the Santa Claus Rally in the market.
[SPEAKER_04]: We traditionally guys going up towards the end of the year.
[SPEAKER_04]: So the people want to invest in stocks or crypto.
[SPEAKER_04]: First off is which one should they invest in stocks or crypto?
[SPEAKER_04]: And which stocks and what crypto should they invest in?
[SPEAKER_06]: Should you invest in stocks or crypto is both?
[SPEAKER_06]: For sure.
[SPEAKER_06]: It's the one or the other.
[SPEAKER_06]: So great question.
[SPEAKER_06]: Um, Bitcoin that predominant crypto, um, Ethereum is making some moves.
[SPEAKER_06]: XRP, I think still has some value, which stocks, the ones I've always talked about love and be a Microsoft Apple, Google, um, open AI when it becomes public, um, if Sam puts his arrogance away, um, and the road when it becomes public, [SPEAKER_00]: I notice that you keep saying the same thing, and you're right, and I think people need to realize that.
[SPEAKER_00]: Right.
[SPEAKER_03]: Don't talk about that.
[SPEAKER_06]: You're awesome.
[SPEAKER_06]: But, okay, isn't key lesson, we're sorry, you can try, but you don't blow the bag before you've acquired it.
[SPEAKER_06]: Like, shout the bread girls.
[SPEAKER_06]: He just asked him a simple question, how can you keep it into a million and a half of standing that you only have revenue of 13 good?
[SPEAKER_06]: Sam's response was, if you don't believe in a company I can buy someone who can sell your shares.
[SPEAKER_06]: Okay, I understand the quip because people do want to open in our shares, but that's how wide as gap and spend that you're committed to versus revenue.
[SPEAKER_06]: It would have been a better thing to say, where 13 now we're projected to be a 20 body end of this year, not sure we should be a 65 in bridge, the gap and Sam's making a lot of enemies.
[SPEAKER_00]: It's his CFM may have missed both and I think she did a podcast for it when they asked her where they're going to get the money from and I'm going to find this infrastructure and she's sort of suggested like maybe she's going to remember back, you want to ban a lot for you go fucking public and I know she says she missed both, but both of you missed both on the same and we've all made mistakes in media so that's a huge and [SPEAKER_00]: All of the air, you know, that's, that's all alone is like subconsciously there if you're looking at ways, which is why.
[SPEAKER_00]: When we talk about the very point is that some data sets you, you need to just keep in mind, right?
[SPEAKER_00]: So when we're talking about about a trillion dollar valuation, yeah, you look at, and they don't have to share their records at private company, but have they made money or are they losing money?
[SPEAKER_00]: I would imagine at the rate that they're spending, it's kind of been tough.
[SPEAKER_00]: It's going to be tough to be profitable right now.
[SPEAKER_00]: Will it be profitable in the future?
[SPEAKER_00]: I'm pretty sure it will be for sure.
[SPEAKER_00]: I don't know.
[SPEAKER_06]: Temperament of CEO matters.
[SPEAKER_06]: At least when Elon goes off the rails and he's delivered return for the public markets, same Steve Jobs, same with Gates.
[SPEAKER_06]: I just think before you go public, it's not the time to [SPEAKER_06]: have these enemies because remember like for those of you who are old enough on the Facebook and public Zuckerberg had a similar disposition, free IPO and all of a sudden the IPO day for those of you who remember all the markers frozen.
[SPEAKER_06]: All of a sudden you couldn't buy any shares and paying out to be a great investment but that initial IPO day was [SPEAKER_06]: It's a lot of the year, Sam Be Careful.
[SPEAKER_06]: And E-law, I've been telling us some truth about y'all that tweet exchange was interesting too.
[SPEAKER_00]: So, you see that, they served in papers on stage?
[SPEAKER_04]: Uh-huh.
[SPEAKER_00]: Yeah, they met up on it.
[SPEAKER_04]: So, okay.
[SPEAKER_04]: Let's talk about this, you know, Trump.
[SPEAKER_04]: Well, he was in, uh, he was in the meeting last week with some of the, uh, [SPEAKER_00]: pharmaceutical executives and then the guy came near died and he was just like my gosh looked out the way and Robert walked all the way walked off the set the guy out of there listen if I pass out and you walk off I'll be tight if I post what it's about as happened like that's crazy I want to see this screw on let me stand up right here while you you've got your speed in here [SPEAKER_04]: and shot every day, be okay, we're in awe.
[SPEAKER_04]: We got a button, we're in awe.
[SPEAKER_00]: Whatever you got, I don't want to get, I'm leaving.
[SPEAKER_05]: Yeah, I'm out here, we can afford it, all right, man.
[SPEAKER_04]: We're in awe, we're in awe, we're in awe, we're in awe, we're in awe, we're in awe, we're in awe, we're in awe, we're in awe, we're in awe, we're in awe, we're in awe, we're in awe, we're in awe, we're in awe, we're in awe, we're in awe, we're in awe, we're in awe, we're in awe, we're in awe, we're in awe, we're in awe, we're in awe, we're in awe, we're in awe, we're in awe, we're in awe, [SPEAKER_04]: no vote and a little bit here and it's interesting to tell it as to tell it to two sides of that coin as far and he's a company that's been on the upward trajectory for a couple months now.
[SPEAKER_04]: I actually invested in it a little bit because of the market one days.
[SPEAKER_04]: I told this story before.
[SPEAKER_05]: I'm currently up 44% on a long term poll.
[SPEAKER_04]: So yeah, I'm so sure, so that goes back to how we're buying at the right prices.
[SPEAKER_04]: Yes, I was on the so important.
[SPEAKER_04]: He was a university to accelerate on the option side and amongst other things.
[SPEAKER_04]: And he working on something for, you know, that black Friday situation.
[SPEAKER_04]: So it's just a state to work on something that has actually never been done before in history.
[SPEAKER_04]: which is a common theme for us, but you know, I like it.
[SPEAKER_04]: Once you make it, I do it again.
[SPEAKER_00]: It is.
[SPEAKER_04]: So it's also, stay tuned.
[SPEAKER_04]: So that episode will be legendair, the Monday before Black Friday, that's gonna be a legendary situation.
[SPEAKER_04]: But Eli Lilly is up.
[SPEAKER_04]: Novo is actually almost at his 52 week low.
[SPEAKER_04]: So, yeah, look at Obama's car presented there.
[SPEAKER_04]: It's low, it's $45, sat $45, there's highs, $120, $120, so now the obvious thing is people are always looking at what's low and say, is this a time to buy no ones, it's 52-week low.
[SPEAKER_04]: And what is this about the pharmaceutical market in general for investing in stocks?
[SPEAKER_06]: And my first thought was, I was very interested as to why he did the deal with novel if you're trying to make American companies exceptional.
[SPEAKER_06]: But, um, in comparison with Eli Lilly versus Novo, um, Lilly is the clear leader.
[SPEAKER_06]: One of my favorite stocks.
[SPEAKER_06]: I know a couple of months ago, people were asking me, should you edit it?
[SPEAKER_06]: like no state type for the long term.
[SPEAKER_06]: And I think even with the development of Pfizer, acquiring a company to get into that startup space to eliminate competition, Eli Lilly is an exceptional company without the GOP wants.
[SPEAKER_06]: Novo, not so much.
[SPEAKER_06]: So I think this is just another thing to boot through the way up for the long term.
[SPEAKER_06]: The farmer space is in trouble though, really.
[SPEAKER_06]: The elolally long trade is really an indictment of the food industry because even if I can catch up.
[SPEAKER_06]: You still have corn syrup in high-end's catch-up.
[SPEAKER_06]: I know Robert is trying to do everything he can to make America healthy as much as possible with this and lobbying powers that was going to be hard to overcome.
[SPEAKER_06]: So Lily is the winner in this for sure.
[SPEAKER_06]: I don't know how well no one will do long term.
[SPEAKER_06]: They will bounce off that low at some point, but at this point I would want to put my money into it as a primary investment vehicle.
[SPEAKER_06]: Y'all are the only company in the pharmaceutical space.
[SPEAKER_06]: I love [SPEAKER_06]: And anything else until we get into a clear economic climate, I will stay away from.
[SPEAKER_00]: We've said this over and over as a common theme in 2025, and it's look for the American company.
[SPEAKER_00]: Right, so the exceptional American company.
[SPEAKER_00]: The leader in the case, right?
[SPEAKER_00]: So whether it was a member where we talked about my crime, with Lily now, what's talking about in pharmaceuticals, it's been a leader.
[SPEAKER_00]: When we talk about GLPs, I mean, now that they can become affordable, right?
[SPEAKER_00]: You open that up to a wire base, if you can get health, I mean, who knows what's going to happen with the healthcare situation.
[SPEAKER_00]: But if that could be part of plans where people can pay subsidized for that, America is the prime market, I mean, is there, unfortunately, yeah, that's the unfortunate part, right?
[SPEAKER_00]: Best market to have that because of obesity in our country.
[SPEAKER_00]: And it's sad to say, but it's the truth.
[SPEAKER_00]: And it isn't fixed yet or there's a solution or something that can help with that, which would jail peas have done.
[SPEAKER_00]: Obviously, that wasn't their original attempt.
[SPEAKER_00]: But to have them out in a horrible rate, to have them potentially apart of health care plans, I mean, you can see the direct benefit, but I think what you added is important.
[SPEAKER_00]: Were they a strong company, even if they didn't have jail peas?
[SPEAKER_00]: Yes.
[SPEAKER_00]: The fact that they do, they're American company, they're expanding, right?
[SPEAKER_00]: We've seen the expansion, we're watching it happen in front of us.
[SPEAKER_00]: It's why it's in the portfolio, man.
[SPEAKER_00]: It's one of these companies that is going to the EU community.
[SPEAKER_06]: And especially when an administration is looking to make sure that manufacturing production is happening here, that checks the box.
[SPEAKER_06]: I know Lily, they're probably hedging incredibly well.
[SPEAKER_06]: No, I don't know.
[SPEAKER_06]: I will love here and it from an executive there, but if they're so cheap and so affordable, when the case studies come out in three or four years, about the effects of them long term, you have to be ready for lawsuit.
[SPEAKER_06]: And that's my thing with Lily, they have a bunch of other drugs that are amazing.
[SPEAKER_06]: No vote.
[SPEAKER_06]: And then also to like, [SPEAKER_06]: I mean, peptides are making a surgeons in America.
[SPEAKER_06]: I think this GOP 1 run is going to be short lived.
[SPEAKER_06]: And if you're saying what Moderna and Pfizer solely focus on COVID as your main revenue driver, if it's not a long-term product cycle, you're going to be a trouble.
[SPEAKER_06]: So that's not what I'm looking for.
[SPEAKER_06]: But Lily should be at 1,000 here relatively soon.
[SPEAKER_06]: If I made you money, please, please, please, I said shout-a-chore, y'all, and let's get rid of it all.
[SPEAKER_06]: Here it is.
[UNKNOWN]: Yep.
[SPEAKER_06]: It's y'all there, buddy, Indianapolis, who's there, literally, I love y'all.
[SPEAKER_06]: I love when they seem like, I think you've got to advocate, told me.
[SPEAKER_06]: That's your own town.
[SPEAKER_06]: And shout-a-mahouges, my hoo!
[SPEAKER_06]: Like I can walk crazy, man.
[SPEAKER_06]: Hoes is so bad, Tim.
[SPEAKER_00]: Lookin' crazy.
[SPEAKER_00]: That was one of the greatest crashes I've seen.
[SPEAKER_00]: Yeah, that was a tough catch, y'all.
[SPEAKER_00]: So I don't have to say out there, yeah, yeah, I don't want to mention it.
[SPEAKER_00]: Definitely going to make it to the play with this one.
[SPEAKER_04]: What's a pre-recession indicator that's been catching your attention?
[SPEAKER_06]: I don't even want to say it, but you've employed me, data.
[SPEAKER_06]: 9.2% of people that are 21 to 28 can't find a job, and of course it's a coalition with AI, even that they want to say it's not.
[SPEAKER_06]: But if there's no entry-level jobs that post-grads can find, and you can say, we'll use AI to be able to get a job.
[SPEAKER_06]: But like, going back to credit, they may not have good enough credit to work at some of the institutions that require of 750 middle school.
[SPEAKER_06]: I wonder in what the surgeons of AI, we probably will have a decade where youth employment [SPEAKER_06]: How do you then unbored them later on like that 32?
[SPEAKER_06]: And I don't know some people say, well, entrepreneurship.
[SPEAKER_06]: And that's why I think investing is so important because you can invest into the greatest companies.
[SPEAKER_06]: But if you have no capital to put into the market, you wonder why I'm undone me one.
[SPEAKER_06]: Like if you were born in 2000 or 2003, college and a job market are a scam to you.
[SPEAKER_06]: There's no entry way to even just through the filters of applying an AI application's filter and a lot of that out.
[SPEAKER_06]: And then once again, last month, 153,000 jobs will take it out of the market.
[SPEAKER_06]: I'm wondering, this is going to trickle up because this is also taking my college jobs.
[SPEAKER_06]: But if most people are graduating and have no onboard and into corporate, [SPEAKER_06]: That's a very scary pre-recession indicated to me and combination with credit card debt being at one of his highest levels in 25 years.
[SPEAKER_06]: A scary, like I think about it, if you've scratched with it, in June, you have no onboarding unless you have a great connection somewhere into a corporate board major tech.
[SPEAKER_06]: It's the scary, even when we went to Nvidia, went to the meta, there aren't many of us running around there, and most of the people who were there, they've been there for a while, they've been taking it for a while.
[SPEAKER_06]: It's tough.
[SPEAKER_06]: If you look at just my friends in Chicago, they're like, the job market is seeing freezes in Chicago, like they haven't seen it 15 or 20 years.
[SPEAKER_06]: These are people with MBAs.
[SPEAKER_00]: It's like talk, man.
[SPEAKER_00]: It makes me think I'm like the, when Kendrick had that song, how much of Dollacles is like, how much does the degree mean, right?
[SPEAKER_00]: Like, what will it be great to when everyone has it?
[SPEAKER_00]: You know, I was in, I was speaking to, one of my brother's guys council, but I was just speaking to a few, and it was like, it's kind of like what the education system is done with the National Island Society.
[SPEAKER_00]: Like every high school has somebody in national on society and if every school has that in every school district has a bunch of schools How many kids are in really a national on us right so it's like it gets the weekend, but I have it more right and then everybody's on it So it's like there is no separation so if that's what had when kids leave school Then what [SPEAKER_00]: NBA isn't enough.
[SPEAKER_00]: So what does it become?
[SPEAKER_00]: Well, I have the input, but I don't have experience.
[SPEAKER_00]: Well, do we just give it to the people with experience?
[SPEAKER_00]: And if nobody in experience, then what do we have to create?
[SPEAKER_00]: That's why entrepreneurship is so important.
[SPEAKER_00]: But also, entrepreneurship is having vision to see opportunity, right?
[SPEAKER_00]: Because there's a abundance of opportunities that we might have to create, but exist that we're not seeing.
[SPEAKER_00]: I think those things are vital.
[SPEAKER_00]: Try to do what you think.
[SPEAKER_04]: Yeah, so most of them, man.
[SPEAKER_06]: I mean, even we keep stressing this, right?
[SPEAKER_06]: And I mean, even that until I come shot the Daniel, I'm also the most important investment after you have your investment portfolio isn't another stock as the country to be stationed there.
[SPEAKER_06]: You wouldn't have said, that would have been [SPEAKER_06]: Now it's mandatory, even if you look how this country is running and now also in combination with that in China and then Saudi.
[SPEAKER_06]: I'm sure I'll keep saying that America has no really great allies because the UK is falling apart.
[SPEAKER_06]: Most people who live in the UK are not happy there.
[SPEAKER_06]: And then once again, like once you have socialism rising in a society that is a mass of capitalism, which is the United States of America, the system is incredibly broken.
[SPEAKER_06]: And it's not just black and brown people.
[SPEAKER_06]: They are a lot of white Republicans who want socialism, because the promises that they voted for last year have not come true.
[SPEAKER_06]: And inflation hasn't went down, the cost of living hasn't went down, the cost of groceries has not went down.
[SPEAKER_06]: So much of top of the show, you got to give out $2,000 checks, like a John, so to make people feel zip.
[SPEAKER_06]: The campaign and the administration is doing well.
[SPEAKER_06]: We are in an interesting time and history to say the least.
[SPEAKER_06]: But you guys don't chat with anything.
[SPEAKER_04]: Yes sir hit the like button and [SPEAKER_04]: And one thing about real estate is that if you are going to invest in a real estate, you might even want to invest internationally, we're going to do a garment that's happening currently.
[SPEAKER_04]: He's a dangerous thing.
[SPEAKER_04]: He's talking about the bi-real estate.
[SPEAKER_04]: I've seen Jim Brill, Passport Heavy, he've been talking about transfer.
[SPEAKER_04]: And I'm proud of him.
[SPEAKER_04]: I'm proud of him.
[SPEAKER_04]: Yeah.
[SPEAKER_04]: Because men, you know, one thing trying to try and tell me back in the days was that John [SPEAKER_04]: What the hell is that?
[SPEAKER_04]: He was like, you know, okay, like, you know after, okay, now I'm much out the pain when I'm going bases and they're like, no, we're going to eat what the hell is.
[SPEAKER_04]: He's like, there's no taxes.
[SPEAKER_04]: But I know, what it, you own it now.
[SPEAKER_04]: He's like, so I just paid one time.
[SPEAKER_04]: And that's it.
[SPEAKER_04]: Good for that.
[SPEAKER_00]: such a foreign content.
[SPEAKER_04]: First of all, literally free and clear water.
[SPEAKER_04]: Free and clear.
[SPEAKER_04]: And then Ghana, like, you know, they got the 99 leash renewal, so people was like, whoa, what, you really don't own a house that you got, renew it every 99 years and then I'm like, [SPEAKER_04]: Would you rather pay $2,000 at the end of 100 years, over a new year, or would you rather pay $50,000 a year in taxes that increases over the course of time?
[SPEAKER_04]: And if you miss one year, they take out America.
[SPEAKER_04]: If that's the logic, you don't own your house in America.
[SPEAKER_04]: You literally missed one year in back taxes, you're in trouble.
[SPEAKER_04]: The people who are listening, depending on what state you are in, after 18 months they could take your house.
[SPEAKER_04]: You have this house for 150 years, like a being a family for, doesn't matter.
[SPEAKER_04]: You could have paid the mortgage for the entire duration of the mortgage.
[SPEAKER_04]: You could have paid property tax, you fall on hard times.
[SPEAKER_04]: You can't pay property taxes after one year.
[SPEAKER_04]: Like I said, depending on what state you live in.
[SPEAKER_04]: Some states they could take it in a year.
[SPEAKER_04]: the most lenient it takes like three to four years but in any state after five years they're taking your house and in the most lenient state they're not going to give you more than five years and the most conservative thing when it comes to this type of matter they give you 12 months to get it out and then your house is going to be for auction so you don't own your house in America if that's the logic [SPEAKER_06]: And, you know, property tax was one of the first subscription models.
[SPEAKER_06]: And it gets the idea of some government.
[SPEAKER_04]: And it's guaranteed to go up.
[SPEAKER_04]: It's not like, okay, even that would be okay.
[SPEAKER_04]: If I pay in $10,000, probably tell, okay, I could budget this in.
[SPEAKER_04]: Okay, I know for the rest of my life, I'm going to have to pay $10,000 a year.
[SPEAKER_04]: Okay, even that psychologically, you don't even know what you're going to be paying.
[SPEAKER_04]: You can start with $10,000 in 25 years from now, it could be $30,000.
[SPEAKER_04]: How can you prepare for something that you actually don't have any idea of how much it's going to be in the future?
[SPEAKER_06]: The whole thing getting off that gold standard back on 72 But there's some stable quality bongol right now You don't say Yeah, you got to invest another other landscape so the continents for sure as a hedge the verse of five Yeah, international exposure [SPEAKER_04]: That's important.
[SPEAKER_04]: D.I.
[SPEAKER_04]: in that D.E.A.
[SPEAKER_06]: Even though D.I.
[SPEAKER_06]: high is up there in Washington right now.
[SPEAKER_04]: That's a fact.
[SPEAKER_04]: C.M.G.
[SPEAKER_04]: in cover.
[SPEAKER_04]: Are those investments as they away from?
[SPEAKER_00]: Presently.
[SPEAKER_00]: I'll say yes.
[SPEAKER_00]: The retail space itself, especially in that sector of full.
[SPEAKER_00]: Are they one and two?
[SPEAKER_00]: No.
[SPEAKER_00]: Did AAA move like a one for a few years?
[SPEAKER_00]: It has after split has performed as well.
[SPEAKER_00]: Yeah.
[SPEAKER_00]: The CEO change has obviously.
[SPEAKER_00]: You know, it's under 38 dollars now.
[SPEAKER_00]: Cobble was one I was big on in 2024, just because of the business, the debt structure, them having no debt, their year over year, store sales, that has changed.
[SPEAKER_00]: And that's how politics can come into the actual company, right?
[SPEAKER_00]: When you're talking about government shutdowns, when you're talking about government layoffs, [SPEAKER_00]: the year over a year as same sales stores, don't look the same this year.
[SPEAKER_00]: All right.
[SPEAKER_00]: But you see cover, which was trading at over $120, is now at under $40.
[SPEAKER_00]: Do they still have the same structure as a business?
[SPEAKER_00]: Yes, but do they still have the same amount of customers coming into that business?
[SPEAKER_00]: No.
[SPEAKER_00]: And so that's one, it's interesting.
[SPEAKER_00]: scenario, it makes me think when you use to say, I don't want to invest anything that has an engine, right?
[SPEAKER_00]: This one, it relies on people moving their feet inside of that establishment.
[SPEAKER_00]: Now, they've had great growth.
[SPEAKER_00]: But when we looked at it, and we actually did the case study on it, when we looked at where their retail stores were for cover, a large majority of them were sitting inside the DMV.
[SPEAKER_00]: And if you think about the DMV who works in that area, a lot of federal employees, and so if they're not going to work and if they're not getting paid and there's layoffs, the fast casual doesn't become fast casual anymore, right?
[SPEAKER_00]: We're not eating out for lunch every day and you kind of need space.
[SPEAKER_00]: So the expansionists slowed down a little bit from a standpoint of adding new stores is a product still great.
[SPEAKER_00]: be in this year?
[SPEAKER_00]: No, do I see it getting back into a growth stock in the next three to five?
[SPEAKER_00]: I think so.
[SPEAKER_00]: I think that the CEO was very happy to see how transparent he was when they had there.
[SPEAKER_00]: They're earned as cool a few weeks back.
[SPEAKER_00]: How transparent in the vision for the company?
[SPEAKER_00]: How much he had a belief in the company?
[SPEAKER_00]: Even in the trouble that they're facing now.
[SPEAKER_00]: I think he got on and they were down 11% after earnings.
[SPEAKER_00]: And he just stood on that and said [SPEAKER_00]: Hopefully, tough one to call, I think they'll have a resurgence, but when you look, and this is like that I test.
[SPEAKER_00]: We got it to pull in on neighborhood, man.
[SPEAKER_00]: It's empty.
[SPEAKER_06]: That's one of my favorite exercises to do.
[SPEAKER_00]: I was in my, they don't look the same as they.
[SPEAKER_00]: We remember when they used to be a line to go into it.
[SPEAKER_00]: I don't see that anymore.
[SPEAKER_00]: The fanaticism of it has changed.
[SPEAKER_00]: I'll be interested to see what the thing is.
[SPEAKER_00]: Is it a menu change?
[SPEAKER_00]: We'll see, if that's casual, we'll see it a stay.
[SPEAKER_00]: I just want to see what the reinventing will be.
[SPEAKER_04]: Well, that just covers, they just opened up a store, not too far away from where I lived, and it was booming.
[SPEAKER_04]: So that was me interested in Seattle, but from there, from there, through this cross county.
[SPEAKER_00]: Okay.
[SPEAKER_04]: So from that I test, it was a very enthusiastic amount of people that was there, but it's [SPEAKER_04]: So it's in a real deal to extend the government funding, so it's signaling and end to the shutdown.
[SPEAKER_04]: I think some moderate Democrats, eight of them believe.
[SPEAKER_04]: Senate GOP leaders and the White House, so this could, this can, looks like it's gonna get a stoppage to the longest government shutdown.
[SPEAKER_04]: in American history.
[SPEAKER_04]: We can go through the detail if we want, or we can just talk about the implications for the market, which had a positive uptick for the stock market in light and light of that.
[SPEAKER_04]: So what does this look for for the end of the year?
[SPEAKER_06]: In the year being incredible and the year on a positive, even this the shutdown, I know today has been positive, but normally Fridays and Mondays are positive days for the market and it's a lot of hedge funds cycling in because you don't want to Not have certain wins going in as you're recruiting.
[SPEAKER_06]: So I know a lot of people will worry if this continued what I have it impact on the stock market.
[SPEAKER_06]: Even going back to the conference you're pulling once again, please write this down on the investment companies that move GDP of America.
[SPEAKER_06]: I don't even want to have to wake up in a matter of night and think of a government shutdown or a telestore traffic is slowed down, because Nvidia is really a B2B company, Microsoft is a B2B company.
[SPEAKER_06]: vangarveo, products are really a B2B institution company.
[SPEAKER_06]: So I don't want to rely on retail.
[SPEAKER_06]: And if a company is affected by the government shutdown, which is a D or C level threat to a portfolio at best, you invest in that company.
[SPEAKER_06]: We can talk about the implications of the overall economy, but if you have had negative returns since the shutdown, you're in a wrong style.
[SPEAKER_00]: Hands down.
[SPEAKER_06]: I think both will rebound, but then that eight-tier companies.
[SPEAKER_00]: Well, they're not.
[SPEAKER_00]: Yeah.
[SPEAKER_00]: Like, there's obviously the eight-tier.
[SPEAKER_00]: I don't know if they're bad companies.
[SPEAKER_00]: I know some bad companies.
[SPEAKER_00]: I wouldn't put them in that class.
[SPEAKER_00]: Yeah, they're not great though.
[SPEAKER_00]: Yeah.
[SPEAKER_00]: I like what you said about not investing in the products that move the GDP, right?
[SPEAKER_00]: So because retail space is tough.
[SPEAKER_00]: And we've seen that in different avenues, whether it was from retail from a power standpoint, of retail from as cattle.
[SPEAKER_00]: Consumers hurting.
[SPEAKER_00]: Yeah, the concept, exactly.
[SPEAKER_00]: All right.
[SPEAKER_00]: Right.
[SPEAKER_06]: Yeah.
[SPEAKER_06]: So what, like, is the same athletics, like, your five-star recruiting out?
[SPEAKER_06]: Investing is incredibly easy when you only invest in it, a player.
[SPEAKER_06]: So it's the same of a higher, right?
[SPEAKER_06]: You can hire 10 seed players in a company and drag your damn payroll forever or you can hire two eight players who may cost twice as much, but you're going to get five or six extra term.
[SPEAKER_06]: Have you birthday, baby?
[SPEAKER_06]: A level talent.
[SPEAKER_06]: You might have good tax demand for food and where I love it.
[SPEAKER_06]: Like all right, late early.
[SPEAKER_06]: Every day consistency.
[SPEAKER_06]: Put it in chat, I only want to invest on the companies that move to GDP or a player company.
[SPEAKER_06]: And if you have to ask, is it a player?
[SPEAKER_06]: It's not.
[SPEAKER_06]: There's not.
[SPEAKER_04]: What indicated should people look for to lead up to prepare for 2020, summer?
[SPEAKER_06]: Our Vanguard BlackRock and Industrial Net buyers of the NASA.
[SPEAKER_06]: It's really something.
[SPEAKER_06]: And how can it act as a world class investor?
[SPEAKER_06]: What are the assets that Vanguard BlackRock?
[SPEAKER_06]: and investigate our buying currently and list them out the top 25.
[SPEAKER_06]: If it's not all that list, I don't care about it.
[SPEAKER_06]: And furthermore, you should look at what China saw in UAE or by that positive.
[SPEAKER_06]: That was a gold story as well.
[SPEAKER_06]: They were buying gold while [SPEAKER_06]: our fort, I don't know what happened what our gold.
[SPEAKER_06]: Uh-huh, maybe one away with amenities, but who are the whales are in that virus at some stock-lip call?
[SPEAKER_06]: Like, we are minerals.
[SPEAKER_06]: We are the fish following the whale buyers.
[SPEAKER_06]: We have to make sure that in that buyer, the governments, and institutions on that buyer's video, you can't get around with it, that's hard data.
[SPEAKER_06]: Um, if a company like Kaba is not, [SPEAKER_06]: or Chipotle.
[SPEAKER_06]: At this time, most institutions are not in favor of Chipotle.
[SPEAKER_06]: It's going to have impact on the stock.
[SPEAKER_06]: So if those three are not net buyers of the companies I'm looking at, then you've got to have a line.
[SPEAKER_00]: All right.
[SPEAKER_00]: All right.
[SPEAKER_00]: Before we get out of here, we're quick.
[SPEAKER_00]: Because the day we earnings, Navias is going to be reporting tomorrow before opening.
[SPEAKER_00]: Oka, I'm actually going to do a case study on there and break it down.
[SPEAKER_00]: To explain what they do.
[SPEAKER_00]: They were reporting on Tuesday as well.
[SPEAKER_00]: Five materials on Thursday.
[SPEAKER_00]: In Disney, man.
[SPEAKER_00]: We got to figure it out.
[SPEAKER_00]: I figured it out.
[SPEAKER_00]: No lost.
[SPEAKER_00]: I figured it out.
[SPEAKER_00]: They did this.
[SPEAKER_00]: They didn't spend on what uh, [SPEAKER_06]: Oh, he has to be in bed shut down, but hey, yeah, I think he's right there to meet a re-structure Repair yeah, yeah, boo boo.
[SPEAKER_00]: There's me what we doing man.
[SPEAKER_06]: Biggest thing up if Hypothetically said media company and created their original propaganda for America if America's following with that primary media company follows well Your reports don't do the research and go to your homework [SPEAKER_06]: Hey, different way you do homework, you know what I was watching you don't watch from the relatives what you said.
[SPEAKER_06]: You only need four companies.
[SPEAKER_06]: Just like the dudes who be excellent can I at eight women you can't handle the two three you've got now.
[SPEAKER_06]: Six seven.
[SPEAKER_06]: These get four bro.
[SPEAKER_06]: Call it that.
[SPEAKER_06]: It's not that damn hard.
[SPEAKER_06]: Forget assets.
[SPEAKER_06]: Wanted to go partnerships and water two houses.
[SPEAKER_06]: You're done.
[SPEAKER_06]: No debt, you're done.
[SPEAKER_06]: That's right.
[SPEAKER_06]: Black, I will tell you that ratio of what you should have.
[SPEAKER_04]: Please.
[SPEAKER_04]: Go right now.
[SPEAKER_04]: It's kind of clocked.
[SPEAKER_04]: We're going to get into it.
[SPEAKER_04]: We got a lot to talk about.
[SPEAKER_04]: WWE.
[SPEAKER_04]: It stripped the boy of his own.
[SPEAKER_04]: It's building on everything.
[SPEAKER_04]: Here about that.
[SPEAKER_06]: Are you surprised that a racist institution removed the black man from [SPEAKER_06]: They're going to treat Ron Simmons great.
[SPEAKER_06]: It barely treated the Rockwell until he got so fucking scorching hot.
[SPEAKER_06]: You had to deal with him One day you're going to learn you're going to learn quit and quit up lifting we're talking about a lot of stuff Yeah I'm lifting brands that you have no interest in thank thank you.
[SPEAKER_06]: No equitable interest.
[SPEAKER_06]: Thank you.
[SPEAKER_06]: I was gonna save it, but no [SPEAKER_00]: Yeah.
[SPEAKER_06]: Shopping for Zelda.
[SPEAKER_06]: Shopping for Zelda.
[SPEAKER_00]: Yeah.
[SPEAKER_00]: Shopping for Zelda.
[SPEAKER_04]: Shopping for Zelda.
[SPEAKER_04]: But I mean, it's a teachable moment.
[SPEAKER_04]: I mean, they don't get it.
[SPEAKER_04]: Daisy did what iceberg when they was like, yo, I would give you free clothes to wear.
[SPEAKER_04]: Um, absolutely, for 18 months, they made everybody buy this.
[SPEAKER_04]: You'd be sweaters like, you know, Westside Gumpin' running around doing this wrestling thing since I first heard of them, and then in that Roy, even an unpaid ambassador, for years, some of them, to the season, to this season said no long.
[SPEAKER_03]: They kicked them out of the event.
[SPEAKER_03]: They said, get your eyes out of here.
[SPEAKER_03]: Respectfully.
[SPEAKER_03]: Thank you.
[SPEAKER_03]: Get the fuck out of here.
[SPEAKER_06]: You know, just beat up the rock bat with the last scene [SPEAKER_06]: You know, make a part of the pulse never came back as hell a maga shit going on at WWE system again in the time.
[SPEAKER_06]: What are you?
[SPEAKER_06]: What?
[SPEAKER_00]: You got a whole good idea, legendary racist.
[SPEAKER_00]: Shout out to our guy.
[SPEAKER_00]: I got to give him a shout out because I've been doing some diligent work for Jamaican shout out to PJ Cat.
[SPEAKER_00]: Shoutout to our brother, P.J.
[SPEAKER_00]: Kav.
[SPEAKER_00]: We actually chartered in planes to bring supplies down.
[SPEAKER_00]: I told you, I last week, we sent some generators down.
[SPEAKER_00]: Generates, Ken, get out of the Tariys.
[SPEAKER_00]: Shoutout to Tariys, who was there with them.
[SPEAKER_00]: Kav actually reached out to me first and shout out to him.
[SPEAKER_00]: We sent some generators down.
[SPEAKER_00]: They're sitting in Miami waiting to get shipped to Jamaica.
[SPEAKER_00]: So everybody that's been doing their part and giving back to the island.
[SPEAKER_00]: We're not going let it go.
[SPEAKER_00]: But I'm gonna talk about as much as I can until.
[SPEAKER_00]: We get power up back and running.
[SPEAKER_00]: I've seen a lot of people that come out to get the rules back together themselves.
[SPEAKER_00]: We still print fidget makers and make us always on the heart.
[SPEAKER_00]: So I just wanted to give him a quick shout out and I guess you're out to abs, his birthday.
[SPEAKER_00]: Oh, yeah, it's free to wave to the wave is free, man.
[SPEAKER_00]: Shout out to me.
[SPEAKER_04]: Nice be welcome all safe safety, man.
[SPEAKER_04]: You know, glad to see him home with his family.
[SPEAKER_04]: And hopefully he has a, you know, a very prosperous [SPEAKER_04]: future ahead of himself and learn from him.
[SPEAKER_04]: They may have made it in the past and let's move forward with everybody.
[SPEAKER_04]: Well, with friends with the other the opposition of him.
[SPEAKER_04]: Yeah.
[SPEAKER_04]: That's a friend.
[SPEAKER_05]: Yes.
[SPEAKER_04]: But, uh, my entire right game that 50 years old.
[SPEAKER_04]: So it's about just getting money taken care of your family man.
[SPEAKER_04]: It's not, hopefully, you know, put, let bygones be bygones and move moving [SPEAKER_06]: Not really, because I don't know parts of that.
[SPEAKER_03]: Just all the years.
[SPEAKER_04]: It's gonna be for the last one for sure.
[SPEAKER_04]: But sometimes it's just like, I'm just not going to get involved in it.
[SPEAKER_04]: I don't got a like a personal, I don't got it.
[SPEAKER_04]: You know what I'm saying?
[SPEAKER_04]: But I'm not going to get involved in it, because it's not going to lead to that positive.
[SPEAKER_06]: So ultimate warrior was a racist.
[SPEAKER_06]: That was my favorite restaurant.
[SPEAKER_06]: Blessions.
[SPEAKER_06]: Hit the floor.
[SPEAKER_06]: No, it's a lot.
[SPEAKER_03]: Benny, I'm a company.
[SPEAKER_03]: My God, Benny, let's figure this out.
[SPEAKER_03]: We can spin this.
[SPEAKER_05]: We can make, we can spin this.
[SPEAKER_06]: And we'll save the world's time.
[SPEAKER_06]: But that was, I hated to happen to them too though.
[SPEAKER_06]: Yeah, I'm fortunate situation.
[SPEAKER_00]: Yeah, be good.
[SPEAKER_00]: It's somebody up, text somebody.
[SPEAKER_00]: You ever know, one phone call can change the journey somebody's like, man, love is love.
[SPEAKER_00]: We out, we see our way there.
[SPEAKER_00]: Peace.
[SPEAKER_00]: I believe you.
