1 00:00:00,360 --> 00:00:04,040 Speaker 1: Behind every VP Phillip. Thousands of people across America go 2 00:00:04,120 --> 00:00:07,800 Speaker 1: to work every day. People producing energy off shore, people 3 00:00:07,840 --> 00:00:11,159 Speaker 1: turning it into products at our refineries, people doing R 4 00:00:11,240 --> 00:00:14,040 Speaker 1: and D to make products that are better for your engine, 5 00:00:14,160 --> 00:00:17,479 Speaker 1: people trading and shipping fuels to their destinations. And the 6 00:00:17,480 --> 00:00:20,040 Speaker 1: people who help you at one of VP's growing family 7 00:00:20,120 --> 00:00:23,480 Speaker 1: of retail stations. They're part of almost three hundred thousand 8 00:00:23,600 --> 00:00:27,200 Speaker 1: jobs VP supports across the country. Learn more at VP 9 00:00:27,360 --> 00:00:29,840 Speaker 1: dot com slash Investing in America. 10 00:00:30,280 --> 00:00:32,720 Speaker 2: Let's talk about the fang stocks. So I want to 11 00:00:32,840 --> 00:00:35,559 Speaker 2: educate people on what thing actually is because they might 12 00:00:35,600 --> 00:00:39,040 Speaker 2: have heard this term and not really sure. So Fang, 13 00:00:39,400 --> 00:00:44,199 Speaker 2: FAA ng is. It used to be called Facebook, but 14 00:00:44,280 --> 00:00:50,320 Speaker 2: it's now meta, Amazon, Apple, Netflix, and Google. So big 15 00:00:50,360 --> 00:00:54,400 Speaker 2: tech when you have big tech companies, you know, the 16 00:00:54,480 --> 00:00:57,080 Speaker 2: largest tech companies and to gain the most important tech 17 00:00:57,080 --> 00:01:00,680 Speaker 2: companies in the world. They may have the acronym of thing. 18 00:01:01,280 --> 00:01:06,000 Speaker 2: And these are companies that stock had a tremendous rise 19 00:01:06,040 --> 00:01:10,440 Speaker 2: over the last decade. Not this year, but the last decade. 20 00:01:10,560 --> 00:01:13,440 Speaker 2: All these all of these companies stocks did tremendously well, 21 00:01:13,880 --> 00:01:17,120 Speaker 2: and there was you know, they did so well that 22 00:01:17,280 --> 00:01:21,880 Speaker 2: you know people really thought that those were the primary 23 00:01:21,880 --> 00:01:24,040 Speaker 2: companies that you should invest in and focus your energy 24 00:01:24,040 --> 00:01:30,720 Speaker 2: in those companies. But obviously times have changed, Meta struggling. 25 00:01:32,560 --> 00:01:36,160 Speaker 2: Apple is still doing well. Amazon is going to be 26 00:01:36,160 --> 00:01:38,360 Speaker 2: in good shape. Amazon and Google, but it hasn't done 27 00:01:38,360 --> 00:01:40,600 Speaker 2: well in the last eighteen months when you look at 28 00:01:40,600 --> 00:01:45,959 Speaker 2: his chart, and Netflix has done terrible. So you ian 29 00:01:46,319 --> 00:01:50,840 Speaker 2: have proposed a new acronym called no. 30 00:01:51,160 --> 00:01:55,080 Speaker 3: This was proposed by analysts, yeah, earlier this week. 31 00:01:55,240 --> 00:01:56,520 Speaker 4: I have a theory, though. 32 00:01:56,760 --> 00:01:58,080 Speaker 2: I thought it was you I wanted. I wanted to 33 00:01:58,080 --> 00:01:58,559 Speaker 2: give you credit. 34 00:01:58,640 --> 00:02:01,800 Speaker 3: I didn't know you know, I appreciate a lot, but 35 00:02:01,960 --> 00:02:05,880 Speaker 3: I want them to think that I'm jacking their their phrase. 36 00:02:06,680 --> 00:02:08,200 Speaker 3: The one that we have, I think it is a 37 00:02:08,200 --> 00:02:10,080 Speaker 3: lot better. But I think it's really interesting. I have 38 00:02:10,120 --> 00:02:12,040 Speaker 3: a theory though, that people have been watching the show 39 00:02:12,680 --> 00:02:15,880 Speaker 3: quietly and wait till we produce and release the show 40 00:02:16,320 --> 00:02:18,560 Speaker 3: and then talk about the things we've been talking about after. 41 00:02:18,720 --> 00:02:22,080 Speaker 3: So this list shout out to Montana looks a lot 42 00:02:22,360 --> 00:02:24,920 Speaker 3: like the stocks that we've talked about here before. So 43 00:02:25,280 --> 00:02:28,680 Speaker 3: Microsoft one of my babies. I love you, dearly, Apple, 44 00:02:29,200 --> 00:02:34,680 Speaker 3: absolutely amazing, Tesla, Alphabet or Google and Video. We'll talk 45 00:02:34,720 --> 00:02:39,079 Speaker 3: about that in few and Amazon. So is Montana the 46 00:02:39,200 --> 00:02:39,919 Speaker 3: new fing. 47 00:02:40,600 --> 00:02:47,000 Speaker 5: We're gonna call it Montana. 48 00:02:44,600 --> 00:02:46,440 Speaker 2: Shout out the French child. So let's all right, let's 49 00:02:46,440 --> 00:02:47,919 Speaker 2: go through this. Let's go through this one by one. 50 00:02:49,040 --> 00:02:54,000 Speaker 2: Microsoft amazing. Let's let's do this. Let's do this. Let's 51 00:02:54,040 --> 00:02:56,160 Speaker 2: let's talk about like, let's spend like one minute on 52 00:02:56,200 --> 00:02:59,000 Speaker 2: each company and explain why it's a good company. Watch 53 00:02:59,040 --> 00:03:01,760 Speaker 2: it back our thoughts on it. Microsoft. I know it's 54 00:03:01,800 --> 00:03:03,680 Speaker 2: something that you obviously have been bullish on for a 55 00:03:03,680 --> 00:03:06,120 Speaker 2: long period of time. Why why why are you so 56 00:03:06,280 --> 00:03:08,600 Speaker 2: bullish on Microsoft? You could you want me to go? 57 00:03:08,600 --> 00:03:11,000 Speaker 5: All right, I'll start eating and if I miss something 58 00:03:11,040 --> 00:03:13,079 Speaker 5: you can pick it up, all right? So Microsoft, it 59 00:03:13,080 --> 00:03:14,680 Speaker 5: should I don't mean when they had the fame thing, 60 00:03:14,680 --> 00:03:16,520 Speaker 5: I don't even know why if Microsoft wouldn't have been 61 00:03:16,560 --> 00:03:18,120 Speaker 5: part of it. But it's perfect that this is in 62 00:03:18,320 --> 00:03:22,600 Speaker 5: the Montana Microsoft core business business to business. They kill 63 00:03:23,000 --> 00:03:27,920 Speaker 5: cloud service, they kill gaming, they kill what else? 64 00:03:29,639 --> 00:03:33,840 Speaker 3: They have software on eighty five percent of the computers 65 00:03:34,200 --> 00:03:35,839 Speaker 3: in all of the world. 66 00:03:36,640 --> 00:03:38,160 Speaker 4: That alone is enough for me. 67 00:03:38,320 --> 00:03:40,560 Speaker 5: This four reasons why that should have I mean it 68 00:03:40,600 --> 00:03:42,320 Speaker 5: should have been on it already. 69 00:03:42,000 --> 00:03:46,160 Speaker 2: All right. So there's that for Microsoft Apple, I mean 70 00:03:46,280 --> 00:03:52,640 Speaker 2: preteen this point to thread. This company ever control Tesla. 71 00:03:52,960 --> 00:03:56,920 Speaker 2: This is something that is a very volatile situation, very 72 00:03:57,800 --> 00:04:03,520 Speaker 2: very volatile. CEO, what about Tesla? 73 00:04:03,560 --> 00:04:03,760 Speaker 4: Why? 74 00:04:03,920 --> 00:04:07,080 Speaker 2: Why is Tesla a good company to invest in? Or 75 00:04:07,160 --> 00:04:08,440 Speaker 2: is it a good company to invest in? 76 00:04:08,520 --> 00:04:12,240 Speaker 4: Definitely a good company to invest in. I like well leadership. 77 00:04:12,320 --> 00:04:15,720 Speaker 3: So for me, when evaluating what to invest in on 78 00:04:15,840 --> 00:04:17,719 Speaker 3: terms of the fundamentals, the first thing I'm looking at 79 00:04:17,760 --> 00:04:20,040 Speaker 3: as the founder, because the company is going to have 80 00:04:20,080 --> 00:04:22,560 Speaker 3: the DNA or the habits or traits of the founder 81 00:04:22,560 --> 00:04:26,239 Speaker 3: in it. Even though Elon is volatile in some areas, 82 00:04:26,320 --> 00:04:29,080 Speaker 3: you cannot deny that he is a genius for sure. 83 00:04:30,120 --> 00:04:34,279 Speaker 3: Probably a hybrid of Einstein and see Jobs rolled into one. 84 00:04:34,839 --> 00:04:37,240 Speaker 3: And he's the only person that's been able to make 85 00:04:39,120 --> 00:04:42,240 Speaker 3: electronic vehicle sexy, like we were the only black men 86 00:04:42,400 --> 00:04:45,920 Speaker 3: that made invest in sexy for our community. So when 87 00:04:45,960 --> 00:04:50,719 Speaker 3: you're able to move a market, be a visionary leader, 88 00:04:51,160 --> 00:04:53,960 Speaker 3: be a part of PayPal mafia. The secrets that he 89 00:04:54,040 --> 00:04:57,560 Speaker 3: holds are like unlike any other. And of course California, 90 00:04:58,600 --> 00:05:02,200 Speaker 3: of course declared in twenty thirty five all gas vehicles 91 00:05:02,240 --> 00:05:05,599 Speaker 3: will be banned. They will go to EV. Therefore California 92 00:05:05,640 --> 00:05:07,559 Speaker 3: will be first. I think New York will be second, 93 00:05:07,560 --> 00:05:10,480 Speaker 3: Texas will be third. Now he's looking at a thirty 94 00:05:10,520 --> 00:05:14,040 Speaker 3: or forty year window where if you think electronic vehicle, 95 00:05:14,080 --> 00:05:17,159 Speaker 3: you automatically he is the Mercedes Bands of the EV market. 96 00:05:18,520 --> 00:05:22,080 Speaker 3: You don't want a prius. I want the fantom to 97 00:05:22,120 --> 00:05:25,280 Speaker 3: look like a phantom shot to Diddy. Right, So, if 98 00:05:25,279 --> 00:05:28,880 Speaker 3: you're thinking electronic vehicle, if you're going to brand or 99 00:05:28,920 --> 00:05:31,880 Speaker 3: market share recognition, they are never one in that space 100 00:05:31,920 --> 00:05:33,400 Speaker 3: and they have no close competitors. 101 00:05:34,360 --> 00:05:37,560 Speaker 5: Amazing company. I agree with everything you just said. I 102 00:05:37,640 --> 00:05:40,680 Speaker 5: probably would put Texas number two only because they're rarely 103 00:05:40,680 --> 00:05:43,480 Speaker 5: building the facilities there. So like when you take you 104 00:05:43,520 --> 00:05:47,880 Speaker 5: take the right exactly. The largest population by state is California. 105 00:05:47,960 --> 00:05:50,359 Speaker 5: So you make a move like that in California, twenty 106 00:05:50,400 --> 00:05:52,800 Speaker 5: thirty five sounds like a long way away, but it's 107 00:05:52,839 --> 00:05:56,320 Speaker 5: not really when you talk about technology and they're prepared 108 00:05:56,320 --> 00:05:56,560 Speaker 5: for it. 109 00:05:56,680 --> 00:05:56,760 Speaker 6: Right. 110 00:05:56,839 --> 00:05:58,359 Speaker 5: If they're the leader of the space and this is 111 00:05:58,560 --> 00:06:03,360 Speaker 5: the most populated state in the country, that's that's a 112 00:06:03,360 --> 00:06:05,440 Speaker 5: big market and that will set the trend for the 113 00:06:05,520 --> 00:06:07,679 Speaker 5: rest of the state. So yeah, I think first California, 114 00:06:08,360 --> 00:06:10,320 Speaker 5: then Texas and then New York will adopted, and then 115 00:06:10,400 --> 00:06:12,520 Speaker 5: once those three states have it, forget about it. 116 00:06:12,600 --> 00:06:13,640 Speaker 4: Everyone else fall place. 117 00:06:13,720 --> 00:06:17,680 Speaker 5: Yeah. And from a technology standpoint too, what they're doing 118 00:06:17,760 --> 00:06:20,640 Speaker 5: from a solar standpoint, from the batteries being able to 119 00:06:20,680 --> 00:06:24,360 Speaker 5: lease that out, I'm sure at some point to other companies. Yeah, 120 00:06:24,440 --> 00:06:25,599 Speaker 5: Tessa's one of them. You gotta have. 121 00:06:25,839 --> 00:06:28,160 Speaker 2: It's currently at two seventy dollars. 122 00:06:28,200 --> 00:06:29,640 Speaker 5: It's split, yeah, one to three. 123 00:06:29,720 --> 00:06:34,760 Speaker 2: It's split a few weeks ago. Yeah, So long term, 124 00:06:34,880 --> 00:06:37,919 Speaker 2: Tesla is something that you believe in because they're going 125 00:06:38,000 --> 00:06:41,479 Speaker 2: to have competition. They're gonna have competition from Apple, They're 126 00:06:41,480 --> 00:06:44,040 Speaker 2: gonna have competition from a variety of different people. 127 00:06:44,440 --> 00:06:46,839 Speaker 3: Apple's gonna be the biggest competitor if they ever released 128 00:06:46,839 --> 00:06:49,200 Speaker 3: that car or that truck. That's the only one I'm 129 00:06:49,200 --> 00:06:51,680 Speaker 3: worried about. GM A Ford, I'm not worried about. There'll 130 00:06:51,720 --> 00:06:56,720 Speaker 3: be laggerts behind, but Apple is the one that they 131 00:06:56,720 --> 00:06:57,839 Speaker 3: should be most worried about. 132 00:06:58,880 --> 00:07:00,920 Speaker 5: Yeah, that makes sense, all right. 133 00:07:01,800 --> 00:07:05,640 Speaker 2: Alphabet, which, for anybody that doesn't know, Alphabet is the 134 00:07:05,839 --> 00:07:11,640 Speaker 2: parent company of Google. So Google, Google is a very 135 00:07:11,720 --> 00:07:16,400 Speaker 2: impressive company. They own the company that we're on right now, 136 00:07:16,440 --> 00:07:22,920 Speaker 2: which is YouTube very very big part of their portfolio. Yes, 137 00:07:23,800 --> 00:07:25,520 Speaker 2: you know, you have the number one and number two 138 00:07:25,520 --> 00:07:28,480 Speaker 2: search engines because Google is the number one search engine. 139 00:07:28,560 --> 00:07:31,360 Speaker 2: YouTube numbers number two search engine, so they pretty much 140 00:07:31,360 --> 00:07:32,160 Speaker 2: control the Internet. 141 00:07:33,440 --> 00:07:36,120 Speaker 3: I could argue they have the number one entertainment model 142 00:07:36,280 --> 00:07:37,760 Speaker 3: for content ever. 143 00:07:37,640 --> 00:07:40,480 Speaker 2: Created the number one entertainment model. 144 00:07:41,120 --> 00:07:44,680 Speaker 5: Yes, we as in like, puts your content on here 145 00:07:44,680 --> 00:07:46,480 Speaker 5: for free. We'll figure out what's hot. 146 00:07:46,640 --> 00:07:48,160 Speaker 4: And I'll pay you after their producers. 147 00:07:48,240 --> 00:07:53,000 Speaker 5: I'll pay you after. It's the opposite of Netflix. Yeah, 148 00:07:53,000 --> 00:07:54,760 Speaker 5: we'll pay you after this. We'll paid and we'll take 149 00:07:54,800 --> 00:07:56,120 Speaker 5: thirty percent of what we're gonna pay. 150 00:07:56,880 --> 00:08:00,960 Speaker 3: No, well, their frame it is that Well, we'll allow 151 00:08:01,080 --> 00:08:04,560 Speaker 3: us to keep thirty percent and you have seventy, which 152 00:08:04,600 --> 00:08:07,240 Speaker 3: even if you look for most entertainers, that's a pretty 153 00:08:07,240 --> 00:08:12,040 Speaker 3: good split. You've never heard any issues with YouTube keeping 154 00:08:12,080 --> 00:08:14,840 Speaker 3: their publishing forever all rights to the show or even 155 00:08:14,880 --> 00:08:17,560 Speaker 3: in some cases like with Amazon, which we'll talk about. 156 00:08:17,760 --> 00:08:21,480 Speaker 3: You don't see Google remixing shows. They didn't make their 157 00:08:21,520 --> 00:08:24,160 Speaker 3: own version of Mister Beast. They let misster Bees coexistent 158 00:08:24,280 --> 00:08:28,080 Speaker 3: just live. So also, they are a non competitors to 159 00:08:28,120 --> 00:08:31,560 Speaker 3: the creatives that are on that platform. Which is amazing. 160 00:08:31,640 --> 00:08:34,280 Speaker 3: So I think they have the best business model ever 161 00:08:34,840 --> 00:08:35,640 Speaker 3: for entertainment. 162 00:08:37,400 --> 00:08:40,440 Speaker 2: Yeah. I just realized something. And we'll talk about this 163 00:08:40,520 --> 00:08:49,760 Speaker 2: later on. But Tesla, Google and Video and Amazon and 164 00:08:49,840 --> 00:08:53,080 Speaker 2: Apple for that matter, what do they all have in common? 165 00:08:55,880 --> 00:09:00,680 Speaker 4: Just a good shirt? Question up me and go ahead, 166 00:09:01,040 --> 00:09:02,880 Speaker 4: let me phone the frame, Let me phone you. What 167 00:09:02,960 --> 00:09:03,880 Speaker 4: are it ever coming. 168 00:09:04,240 --> 00:09:07,960 Speaker 2: Within within the last I want to say eighteen, but 169 00:09:08,000 --> 00:09:10,160 Speaker 2: definitely in the last twenty four just to be safe. 170 00:09:10,160 --> 00:09:13,160 Speaker 2: But with Alston, maybe in the last eighteen they all 171 00:09:13,240 --> 00:09:14,200 Speaker 2: split their stops. 172 00:09:14,440 --> 00:09:16,560 Speaker 5: Yeahh oh yeah, yeah, yeah. 173 00:09:16,240 --> 00:09:18,959 Speaker 2: What is that? All right? Let's let's have this conversation 174 00:09:20,360 --> 00:09:25,560 Speaker 2: because they all split their stock. Why why is it 175 00:09:25,600 --> 00:09:27,880 Speaker 2: beneficial for a company to split their stock? 176 00:09:29,240 --> 00:09:31,920 Speaker 3: I mean, especially now if you are in a recession 177 00:09:31,960 --> 00:09:34,680 Speaker 3: or money is getting tight. So if you have a company, 178 00:09:34,760 --> 00:09:39,280 Speaker 3: let's say like Neo and the current prece in Neo 179 00:09:39,400 --> 00:09:41,800 Speaker 3: is at seventeen dollars and seventy three cent. 180 00:09:42,280 --> 00:09:44,400 Speaker 4: Even if you wanted to invest in Apple, let's say, if. 181 00:09:44,320 --> 00:09:47,679 Speaker 3: It was like five to ninety per hare, historically, you're 182 00:09:47,679 --> 00:09:49,280 Speaker 3: gonna be like, let me get the one as seventeen 183 00:09:49,320 --> 00:09:51,560 Speaker 3: and even if it goes up to twenty one I 184 00:09:51,600 --> 00:09:53,839 Speaker 3: have a chance to make it some money. So it's 185 00:09:53,960 --> 00:09:59,080 Speaker 3: very smart for companies that have major market share like 186 00:09:59,160 --> 00:10:01,760 Speaker 3: a true a loyal fan base and high volume to 187 00:10:01,800 --> 00:10:04,680 Speaker 3: split so the cost basis will be lower, so pension 188 00:10:04,679 --> 00:10:07,360 Speaker 3: funds can invest in them, hedge funds, and also retail 189 00:10:07,400 --> 00:10:10,480 Speaker 3: investors and international investors as well, because at one point 190 00:10:10,559 --> 00:10:13,280 Speaker 3: Amazon was so expensive you wouldn't even think it was 191 00:10:13,320 --> 00:10:15,240 Speaker 3: like the cost of a mortgage for one share. 192 00:10:15,960 --> 00:10:18,559 Speaker 4: Now that it's down, I think people are going to 193 00:10:18,640 --> 00:10:21,280 Speaker 4: pile into it more. Same for Apple, same for Tesla. 194 00:10:21,360 --> 00:10:23,600 Speaker 3: I think it's really smart that Elon has done three 195 00:10:23,679 --> 00:10:26,400 Speaker 3: splits in the last what two years to keep that 196 00:10:26,480 --> 00:10:28,640 Speaker 3: price down. So that's the number one competitive reason is 197 00:10:28,679 --> 00:10:31,880 Speaker 3: to make the price affordable so more people can pile 198 00:10:31,920 --> 00:10:32,319 Speaker 3: into it. 199 00:10:32,880 --> 00:10:38,240 Speaker 5: Yeah, morefordability, more profitability, more retail investors can involve. It's 200 00:10:38,280 --> 00:10:39,120 Speaker 5: the number one reason. 201 00:10:39,400 --> 00:10:39,559 Speaker 2: Right. 202 00:10:39,720 --> 00:10:43,120 Speaker 5: It looks more attractive when Amazon is one hundred and 203 00:10:43,120 --> 00:10:46,760 Speaker 5: thirty one dollars compared to thirty seven hundred dollars. Right, 204 00:10:46,760 --> 00:10:49,959 Speaker 5: even if you're buying fractional ships. Now you literally can 205 00:10:49,960 --> 00:10:50,640 Speaker 5: buy a share. 206 00:10:51,400 --> 00:10:53,920 Speaker 3: Yeah, and we've seen this for Berkshire Hathaway. If we 207 00:10:53,960 --> 00:10:59,440 Speaker 3: look at Berkshire Hathaway Class airshase plus air plus A shares. 208 00:10:59,480 --> 00:11:03,319 Speaker 3: Excuse me, it's four hundred and seventeen thousand, nine hundred 209 00:11:03,320 --> 00:11:09,600 Speaker 3: and forty dollars for one share. Berkshire Hathaway B shares 210 00:11:10,679 --> 00:11:13,560 Speaker 3: cheaper version it's two hundred and seventy seven dollars. So 211 00:11:13,600 --> 00:11:18,199 Speaker 3: we've seen this before. I think it's a great adjustment 212 00:11:18,240 --> 00:11:20,760 Speaker 3: for sure. And Apple, if people don't remember, during their 213 00:11:20,840 --> 00:11:22,319 Speaker 3: last recession, was not a fan favorite. 214 00:11:22,360 --> 00:11:23,679 Speaker 4: It was volatile like Tesla. 215 00:11:24,280 --> 00:11:27,040 Speaker 3: So to now have a leadership position, you want to 216 00:11:27,080 --> 00:11:30,440 Speaker 3: keep that base of investors and people can say that 217 00:11:30,440 --> 00:11:31,840 Speaker 3: it doesn't matter when the price is and to go 218 00:11:31,880 --> 00:11:34,600 Speaker 3: down to the company. We know people are publicly traded companies. 219 00:11:34,920 --> 00:11:37,480 Speaker 3: It does have a negative effect on the employee base 220 00:11:38,080 --> 00:11:40,280 Speaker 3: and company morale when your stock is getting beat up. 221 00:11:42,800 --> 00:11:46,640 Speaker 2: I agree. In video, let's talk about that. 222 00:11:47,120 --> 00:11:49,600 Speaker 5: Yeah, if it took a hit, it's taking a hit, 223 00:11:50,520 --> 00:11:52,800 Speaker 5: but it's still a great company. So I'm glad that 224 00:11:52,800 --> 00:11:54,400 Speaker 5: it's on the list because it's just a great company. 225 00:11:54,520 --> 00:11:56,959 Speaker 5: So I'll just give you, like the thirty second version 226 00:11:57,000 --> 00:12:00,000 Speaker 5: of it. Why in video we're talking about a company 227 00:12:00,200 --> 00:12:02,600 Speaker 5: that is ahead of the game when it comes to 228 00:12:02,679 --> 00:12:04,920 Speaker 5: AI when it comes to the metaverse, when it comes 229 00:12:04,960 --> 00:12:07,800 Speaker 5: to pretty much the future of computing. You talk about 230 00:12:07,840 --> 00:12:10,360 Speaker 5: in video what they're being able to do with the 231 00:12:10,640 --> 00:12:13,920 Speaker 5: graphic processes. I mean, they're ahead of the game. And 232 00:12:13,960 --> 00:12:16,920 Speaker 5: so obviously computing is something that's not going anywhere, and 233 00:12:16,960 --> 00:12:19,800 Speaker 5: it's only going to become more of a thing. You 234 00:12:19,880 --> 00:12:22,200 Speaker 5: have to find the company that is leading the space 235 00:12:22,240 --> 00:12:26,000 Speaker 5: in that area, and they're definitely that company, even so 236 00:12:26,080 --> 00:12:28,000 Speaker 5: much so, and maybe we'll talk about it later that 237 00:12:28,040 --> 00:12:30,719 Speaker 5: the US has decided to say, hey, we don't want 238 00:12:30,760 --> 00:12:34,000 Speaker 5: you selling any of these things to our competitors. So, 239 00:12:34,679 --> 00:12:37,160 Speaker 5: I mean that's my thirty second on the video. Love 240 00:12:37,240 --> 00:12:39,840 Speaker 5: the company. In fact, I like where it's at right now. 241 00:12:40,679 --> 00:12:42,480 Speaker 5: And I'm gonna add it this is breaking new. I'm 242 00:12:42,480 --> 00:12:44,160 Speaker 5: gonna add this is going to be another one of 243 00:12:44,160 --> 00:12:48,240 Speaker 5: my one thousand shares companies. Yeah, so I'm gonna I'm 244 00:12:48,240 --> 00:12:50,360 Speaker 5: adding this to my thousand shared companies with A M, D, 245 00:12:51,960 --> 00:12:54,640 Speaker 5: Apple and Microsoft and video is gonna be my next one. 246 00:12:55,080 --> 00:12:57,640 Speaker 4: Bam, Jamal Troy Just in case. 247 00:12:57,640 --> 00:12:59,920 Speaker 3: So I want to get some prices because I wanted 248 00:12:59,920 --> 00:13:01,160 Speaker 3: to be in a group chat, like why didn't you 249 00:13:01,200 --> 00:13:03,920 Speaker 3: say nothing low the boat price for sure will be 250 00:13:03,960 --> 00:13:08,080 Speaker 3: sixty one dollars and seventy three cent. That's like if 251 00:13:08,120 --> 00:13:09,720 Speaker 3: you have to sell the house, and that's the price 252 00:13:09,720 --> 00:13:12,480 Speaker 3: I will get in for a price that will probably 253 00:13:12,520 --> 00:13:16,040 Speaker 3: come closer in the next two months. Uh, seventy five 254 00:13:16,200 --> 00:13:19,160 Speaker 3: fifty three to in Vidia seventy five to fifty three. 255 00:13:19,440 --> 00:13:21,320 Speaker 3: That's where I will look to put some capital in. 256 00:13:21,480 --> 00:13:24,200 Speaker 3: And Video is another company I love. If you want 257 00:13:24,200 --> 00:13:26,160 Speaker 3: to make your own index, you can put in Nvidia 258 00:13:26,200 --> 00:13:30,280 Speaker 3: and AMD together. Their market cap is like three hundred 259 00:13:30,280 --> 00:13:33,320 Speaker 3: and forty billion. They have twenty one percent of market 260 00:13:33,320 --> 00:13:37,200 Speaker 3: share currently. I think that will only grow over time. 261 00:13:37,679 --> 00:13:39,080 Speaker 3: I know they're getting beat up right now, and yeah, 262 00:13:39,080 --> 00:13:40,880 Speaker 3: we'll talk about it later, but they've had a hell 263 00:13:40,920 --> 00:13:42,360 Speaker 3: of a run. If you go back and this will 264 00:13:42,400 --> 00:13:44,280 Speaker 3: I always say, and that's for the long term. In 265 00:13:44,320 --> 00:13:47,839 Speaker 3: twenty fifteen, even towards the highs, the stock was like 266 00:13:47,880 --> 00:13:51,000 Speaker 3: at ten bucks. It grew from twenty fifteen to twenty 267 00:13:51,040 --> 00:13:54,120 Speaker 3: twenty two excuse me, twenty one to three hundred and 268 00:13:54,120 --> 00:13:57,880 Speaker 3: forty six dollars. So when you look at Monster Domino's 269 00:13:57,920 --> 00:13:59,760 Speaker 3: Pizza t mobile. 270 00:13:59,480 --> 00:14:00,240 Speaker 4: We can talk out. 271 00:14:00,880 --> 00:14:03,360 Speaker 3: The real secret is the only advantage that we have 272 00:14:03,520 --> 00:14:05,560 Speaker 3: over hedge funds is that we have to hold for 273 00:14:05,559 --> 00:14:07,840 Speaker 3: a longer period of time, and if we hold the 274 00:14:07,880 --> 00:14:09,800 Speaker 3: right ones, we can have explosive growth. 275 00:14:10,160 --> 00:14:10,920 Speaker 4: I love and Video. 276 00:14:10,960 --> 00:14:13,080 Speaker 3: Even though they're having a setback with this issue with 277 00:14:13,120 --> 00:14:17,319 Speaker 3: the United States and the conflict in China, they're. 278 00:14:16,960 --> 00:14:17,640 Speaker 4: Going to be okay. 279 00:14:17,920 --> 00:14:22,960 Speaker 3: And let's be honest, every recession, if you missed it, 280 00:14:23,200 --> 00:14:25,920 Speaker 3: you always say, man, I wish I could have went 281 00:14:25,960 --> 00:14:30,560 Speaker 3: back in time and invested in Apple, Microsoft, anything right 282 00:14:30,960 --> 00:14:33,640 Speaker 3: and held it. And now we're here, back in the 283 00:14:33,640 --> 00:14:35,880 Speaker 3: middle of the storm, and everyone's like, I don't know 284 00:14:35,880 --> 00:14:37,600 Speaker 3: if I should get it this time, because this time 285 00:14:37,640 --> 00:14:41,240 Speaker 3: may be different. What are the alternatives? Usha just told you, Yes, 286 00:14:41,280 --> 00:14:44,040 Speaker 3: you can rent a house, but would it be wiser 287 00:14:44,040 --> 00:14:48,080 Speaker 3: for him to have put money into eyl University? The 288 00:14:48,120 --> 00:14:52,160 Speaker 3: development immersed the quality of the merchandise to grow, or 289 00:14:52,840 --> 00:14:54,800 Speaker 3: give your money to a bank so they can profit 290 00:14:54,880 --> 00:14:57,480 Speaker 3: off of it. Please write this down. Every dollar that 291 00:14:57,560 --> 00:15:00,560 Speaker 3: you spend is either going to make your family wealthy 292 00:15:00,600 --> 00:15:05,960 Speaker 3: and free or someone else's. There's no in between. So 293 00:15:06,120 --> 00:15:09,400 Speaker 3: even when you pay bills, like even the mission of 294 00:15:09,440 --> 00:15:14,080 Speaker 3: running errands on a Saturday was created by Edward Brenet's 295 00:15:14,200 --> 00:15:17,240 Speaker 3: is a propaganda program to get people to go out 296 00:15:17,360 --> 00:15:19,920 Speaker 3: in real time every week to buy more when they 297 00:15:19,960 --> 00:15:22,800 Speaker 3: were not at that time, to increase the. 298 00:15:22,800 --> 00:15:24,360 Speaker 4: Sales for retail stores. 299 00:15:25,960 --> 00:15:28,400 Speaker 3: So everyone running errands on Saturdays, and I'm like, the 300 00:15:28,440 --> 00:15:31,240 Speaker 3: traffic is crazy, But look at how much of a 301 00:15:31,240 --> 00:15:33,680 Speaker 3: brilliant campaign that was to get us to actually spend 302 00:15:33,720 --> 00:15:39,240 Speaker 3: our money. Because spending is actually throwing away the day 303 00:15:39,280 --> 00:15:41,680 Speaker 3: in which you can retire early and giving it to 304 00:15:41,720 --> 00:15:45,520 Speaker 3: someone else's family in advance. So I want us to 305 00:15:45,520 --> 00:15:48,080 Speaker 3: reframe and reshift the way we look at these companies. 306 00:15:48,080 --> 00:15:52,120 Speaker 3: But in this recession, a company like in video amd TSM, 307 00:15:52,120 --> 00:15:53,600 Speaker 3: which we talked about, which is going to be a 308 00:15:53,680 --> 00:15:58,000 Speaker 3: key like political chess move that we have to protect. 309 00:15:58,520 --> 00:16:01,760 Speaker 3: Be mindful of how you're spending on but appreciate the 310 00:16:01,800 --> 00:16:07,400 Speaker 3: blessing that we have to have this knowledge to have earners. 311 00:16:07,400 --> 00:16:09,520 Speaker 5: What's up? You ever walk into a small business and 312 00:16:09,560 --> 00:16:13,080 Speaker 5: everything just works like, the checkout is fast, the receipts 313 00:16:13,080 --> 00:16:16,640 Speaker 5: are digital, tipping is a breeze, and you're out the 314 00:16:16,680 --> 00:16:20,760 Speaker 5: door before the line even builds. Odds are they're using Square? 315 00:16:21,240 --> 00:16:23,840 Speaker 5: We love supporting businesses that run on square because it 316 00:16:23,960 --> 00:16:26,920 Speaker 5: just feels seamless. Whether it's a local coffee shop, a 317 00:16:27,000 --> 00:16:29,440 Speaker 5: vendor at a pop up market, or even one of 318 00:16:29,440 --> 00:16:32,560 Speaker 5: our merch partners, Square makes it easy for them to 319 00:16:32,600 --> 00:16:36,440 Speaker 5: take payments, manage inventory, and run their business with confidence, 320 00:16:36,800 --> 00:16:40,120 Speaker 5: all from one simple system. If you're a business owner 321 00:16:40,280 --> 00:16:43,720 Speaker 5: or even just thinking about launching something soon, Square is 322 00:16:43,800 --> 00:16:45,880 Speaker 5: hands down one of the best tools out there to 323 00:16:45,920 --> 00:16:49,840 Speaker 5: help you start, run and grow. It's not just about payments, 324 00:16:50,240 --> 00:16:52,840 Speaker 5: it's about giving you time back so you can focus 325 00:16:52,920 --> 00:16:55,640 Speaker 5: on what matters most Ready. To see how Square can 326 00:16:55,680 --> 00:17:00,520 Speaker 5: transform your business, visit Square dot com backslash goa backslash 327 00:17:00,600 --> 00:17:04,720 Speaker 5: eyl to learn more that Square dot com backslash go 328 00:17:05,160 --> 00:17:09,359 Speaker 5: backslash eyl. Don't wait, don't hesitate. Let's Square handle the 329 00:17:09,400 --> 00:17:13,159 Speaker 5: back end so you can keep pushing your vision forward. 330 00:17:15,520 --> 00:17:17,800 Speaker 5: This episode is brought to you by P and C Bank. 331 00:17:18,160 --> 00:17:20,959 Speaker 5: A lot of people think podcasts about work are boring, 332 00:17:21,160 --> 00:17:25,000 Speaker 5: and sure, they definitely can be, but understanding a professionals 333 00:17:25,080 --> 00:17:28,320 Speaker 5: routine shows us how they achieve their success little by little, 334 00:17:28,720 --> 00:17:32,359 Speaker 5: day after day. It's like banking with P and C Bank. 335 00:17:32,840 --> 00:17:35,639 Speaker 5: It might seem boring to save, plan and make calculated 336 00:17:35,680 --> 00:17:38,760 Speaker 5: decisions with your bank, but keeping your money boring is 337 00:17:38,800 --> 00:17:42,119 Speaker 5: what helps you live a more happily fulfilled life. 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Terms and conditions apply hiring indeed is 357 00:18:54,880 --> 00:18:55,720 Speaker 7: all you need. 358 00:18:56,040 --> 00:18:58,080 Speaker 3: Each other to be able to bouce ideas off of 359 00:18:58,080 --> 00:19:00,760 Speaker 3: because in two thousand and eight it wasn't there, and 360 00:19:00,800 --> 00:19:02,800 Speaker 3: then to be able to get rich off invested in 361 00:19:02,840 --> 00:19:04,520 Speaker 3: some of the best companies in the world. If I've 362 00:19:04,520 --> 00:19:07,439 Speaker 3: made you money, please put yes, sure, get your tickets 363 00:19:07,480 --> 00:19:07,840 Speaker 3: to market. 364 00:19:07,880 --> 00:19:08,840 Speaker 4: Money's live in New York. 365 00:19:09,160 --> 00:19:11,600 Speaker 3: And uh, we didn't do that announcement, but maybe we'll 366 00:19:11,640 --> 00:19:13,160 Speaker 3: talk about it towards the close of the show. 367 00:19:13,640 --> 00:19:15,200 Speaker 4: Got a couple of surprises. 368 00:19:16,440 --> 00:19:19,560 Speaker 5: Few and I said computing, and I actually left out 369 00:19:19,640 --> 00:19:22,359 Speaker 5: the EV space, right, So in video is big en 370 00:19:22,359 --> 00:19:24,760 Speaker 5: that and especially when we talk about China, A lot 371 00:19:24,760 --> 00:19:27,280 Speaker 5: of EV companies that they that are there are using 372 00:19:27,280 --> 00:19:30,760 Speaker 5: in videos seven conductions to actually function, to use functions 373 00:19:30,800 --> 00:19:34,120 Speaker 5: inside of the cars. So yeah, video is one of them. Companies. Man, 374 00:19:34,200 --> 00:19:35,480 Speaker 5: put it on your list. If it's not. 375 00:19:36,359 --> 00:19:37,760 Speaker 2: Amazon, time. 376 00:19:39,760 --> 00:19:40,600 Speaker 5: You go this time? 377 00:19:42,400 --> 00:19:43,080 Speaker 4: Do you want me to go? 378 00:19:43,840 --> 00:19:45,560 Speaker 5: I already said it's still my stock of the year. 379 00:19:45,640 --> 00:19:50,199 Speaker 5: I'm standing on it. I'm standing on that Amazon. I 380 00:19:50,240 --> 00:19:53,840 Speaker 5: think it's no more when it comes to the retail 381 00:19:53,920 --> 00:19:56,399 Speaker 5: space and buying. One of my favorite tests to always 382 00:19:56,400 --> 00:19:59,000 Speaker 5: ask people okay, if you have to buy something right now, 383 00:19:59,560 --> 00:20:02,840 Speaker 5: what CO you're going to go to? So for my entrepreneurs, 384 00:20:02,880 --> 00:20:05,240 Speaker 5: we talked about media and how to grow media a 385 00:20:05,240 --> 00:20:08,120 Speaker 5: lot last week. This week, I want you to learn 386 00:20:08,160 --> 00:20:11,040 Speaker 5: how to identify a problem. So for those of you 387 00:20:11,080 --> 00:20:12,960 Speaker 5: that are a little bit older, like how we are now, 388 00:20:13,000 --> 00:20:15,680 Speaker 5: at one point, the internet was not reliable to buy 389 00:20:15,680 --> 00:20:17,919 Speaker 5: things and then going to a store is really inconvenient. 390 00:20:19,560 --> 00:20:23,439 Speaker 5: They have created a system and processes where you are 391 00:20:23,480 --> 00:20:25,679 Speaker 5: able to get your stuff so fast that even if 392 00:20:25,680 --> 00:20:28,320 Speaker 5: I'm traveling across country, I'll be like, Hey, I need 393 00:20:28,359 --> 00:20:29,560 Speaker 5: to order lights for a book. 394 00:20:29,760 --> 00:20:31,000 Speaker 3: I know I ought to be at the hotel for 395 00:20:31,080 --> 00:20:34,000 Speaker 3: me by the time I get there. The reliability of 396 00:20:34,040 --> 00:20:35,919 Speaker 3: the brand is one of the things that makes them 397 00:20:35,920 --> 00:20:41,440 Speaker 3: absolutely special. Then Amazon Web Services then on top of that, 398 00:20:41,920 --> 00:20:43,480 Speaker 3: even though they're not one of the top players in 399 00:20:43,480 --> 00:20:46,560 Speaker 3: this space, they do have a media component to their business. 400 00:20:47,000 --> 00:20:50,040 Speaker 3: Jeff Bezos is one of the greatest executives to Grace 401 00:20:50,760 --> 00:20:54,480 Speaker 3: America Soil and he's grown that brand. And here's a 402 00:20:54,480 --> 00:21:00,880 Speaker 3: good exercise. Put trust in chat. If when you from Amazon, 403 00:21:00,920 --> 00:21:02,800 Speaker 3: you trust that your package is going to get there. 404 00:21:04,680 --> 00:21:08,400 Speaker 3: I've ordered from Walmart dot Com before other places. We've 405 00:21:08,440 --> 00:21:11,280 Speaker 3: all heard the stories of wish where you think you'll 406 00:21:11,320 --> 00:21:14,800 Speaker 3: get a jersey and it looks like something that was 407 00:21:14,800 --> 00:21:18,040 Speaker 3: made off the Cosby Show, the THEO Award, right, so 408 00:21:18,200 --> 00:21:23,560 Speaker 3: the quality is there, yeah, and that's funny. And then 409 00:21:23,680 --> 00:21:26,000 Speaker 3: when when you look at historically where the price is 410 00:21:26,040 --> 00:21:27,560 Speaker 3: been for the stock, when we pull up the stock 411 00:21:27,600 --> 00:21:31,840 Speaker 3: real quick, it's only grown. And in twenty twenty, I 412 00:21:31,920 --> 00:21:33,600 Speaker 3: tried to get the lady to come on, but there's 413 00:21:33,640 --> 00:21:35,760 Speaker 3: a member where her grandmother, you know, her aunt has 414 00:21:35,800 --> 00:21:41,919 Speaker 3: been in Amazon since two thousand and three, So I'm like, 415 00:21:41,960 --> 00:21:43,640 Speaker 3: what is that growth like and what does it feel 416 00:21:43,680 --> 00:21:45,480 Speaker 3: like to hold it? And it was like the best 417 00:21:45,480 --> 00:21:48,640 Speaker 3: decisions she ever made. They've had an amazing and incredible drawnounds. 418 00:21:48,680 --> 00:21:51,040 Speaker 3: But if you go back to twenty twelve, what a 419 00:21:51,240 --> 00:21:53,680 Speaker 3: justinpha stocksills they were at eight dollars and forty nine cent. 420 00:21:54,160 --> 00:21:58,240 Speaker 3: They're at one twenty seven fifty right now? What is 421 00:21:58,280 --> 00:22:00,600 Speaker 3: the And then here's a great part about investment companies. 422 00:22:00,760 --> 00:22:04,199 Speaker 3: When you're buying these companies, you are literally paying people 423 00:22:04,240 --> 00:22:06,800 Speaker 3: to work for you and make you money. 424 00:22:06,880 --> 00:22:09,800 Speaker 4: Why you do nothing? I've said it before. 425 00:22:10,240 --> 00:22:14,080 Speaker 3: I like Michael Saylor a lot and currently he's under attack. 426 00:22:14,160 --> 00:22:15,960 Speaker 3: As I've told you he would be. Go back to 427 00:22:16,000 --> 00:22:18,199 Speaker 3: the Big Boy episode. Please watch the episode. I think 428 00:22:18,200 --> 00:22:20,080 Speaker 3: it's one of the top ten episodes we've ever done. 429 00:22:21,440 --> 00:22:22,360 Speaker 4: If he would have just. 430 00:22:22,359 --> 00:22:26,240 Speaker 3: Had vall VTI, Apple, Microsoft or an Amazon and that portfolio, 431 00:22:26,760 --> 00:22:31,080 Speaker 3: he wouldn't have the same pressure that he's currently under. 432 00:22:32,359 --> 00:22:33,880 Speaker 4: Amazon is run like a machine. 433 00:22:33,920 --> 00:22:36,680 Speaker 3: And when you look at the competitive landscape, they don't 434 00:22:36,720 --> 00:22:40,240 Speaker 3: have Target isn't better, Wish isn't better, Shift isn't better, 435 00:22:40,600 --> 00:22:43,640 Speaker 3: Walmart dot Com isn't better. Ali Baba isn't better. They 436 00:22:43,720 --> 00:22:47,080 Speaker 3: have no competitors around that makes you want to switch. 437 00:22:48,880 --> 00:22:52,280 Speaker 3: And when you're talking economic modes, trust is the biggest 438 00:22:52,320 --> 00:22:55,119 Speaker 3: one of all that you want to have. And with 439 00:22:55,200 --> 00:23:00,000 Speaker 3: the stock splitting or people looking for savings, looking for convenience, 440 00:23:00,119 --> 00:23:04,000 Speaker 3: especially if you're a parent, They're going to have another 441 00:23:04,040 --> 00:23:05,560 Speaker 3: twenty and thirty year run that I think is going 442 00:23:05,640 --> 00:23:08,320 Speaker 3: to be unprecedented. And they're moving heavier into the medical 443 00:23:08,320 --> 00:23:10,560 Speaker 3: space as well, which would give them a huge leg 444 00:23:10,640 --> 00:23:12,040 Speaker 3: up over most of their competitors. 445 00:23:12,280 --> 00:23:13,719 Speaker 5: I thought she was gonna leave up the medical I'm 446 00:23:13,720 --> 00:23:15,080 Speaker 5: glad you brought that up. I'm going to touch on 447 00:23:15,119 --> 00:23:19,280 Speaker 5: the media really quickly because it's a big space that 448 00:23:19,280 --> 00:23:21,680 Speaker 5: they haven't kind of conquered yet. But they're in there. Right. 449 00:23:21,720 --> 00:23:24,399 Speaker 5: So when we talk about media, obviously they have their 450 00:23:24,440 --> 00:23:27,720 Speaker 5: own shows, they've got live sports, they did the deal 451 00:23:27,720 --> 00:23:32,240 Speaker 5: with the Major League Baseball. But they're coming into this 452 00:23:31,240 --> 00:23:33,680 Speaker 5: this this area that we know a little bit about 453 00:23:34,160 --> 00:23:37,400 Speaker 5: that and that is in podcasting. So they've seen it, right, 454 00:23:37,480 --> 00:23:41,080 Speaker 5: They've mastered the audio book with audible, right, and so 455 00:23:41,160 --> 00:23:43,240 Speaker 5: now how do we master the next genre of that 456 00:23:43,320 --> 00:23:46,160 Speaker 5: audiobook and that would be podcasting. So they're stepping into 457 00:23:46,200 --> 00:23:49,360 Speaker 5: that space. And over the last week, man, they did 458 00:23:49,359 --> 00:23:51,879 Speaker 5: something very incredible that no one paid attention to. They 459 00:23:51,880 --> 00:23:54,280 Speaker 5: put out that Lord of the Ring show. It did 460 00:23:54,359 --> 00:23:57,919 Speaker 5: twenty five million, twenty five million views, right, So like 461 00:23:58,000 --> 00:24:01,439 Speaker 5: in contrast, right, what is the pay I got to 462 00:24:01,440 --> 00:24:03,359 Speaker 5: see the numbers on what they paid for. HBO Max 463 00:24:03,520 --> 00:24:06,320 Speaker 5: put out Game of Thrones, right, the new one, right 464 00:24:06,400 --> 00:24:10,359 Speaker 5: the Dragons, Oucer Dragons. It debuted that with ten million 465 00:24:10,359 --> 00:24:12,480 Speaker 5: of view ten million viewers. And then I think the 466 00:24:12,520 --> 00:24:16,520 Speaker 5: second one last Sunday, did like ten point two, which 467 00:24:16,560 --> 00:24:20,600 Speaker 5: is great. You're talking about twenty five million people watch 468 00:24:20,680 --> 00:24:23,119 Speaker 5: that Lord of the Rings. That that new show on Amazon. 469 00:24:23,160 --> 00:24:25,760 Speaker 5: So when you're talking about now streaming like this is Jesus, 470 00:24:25,960 --> 00:24:29,040 Speaker 5: they really like they can really step into a space 471 00:24:29,080 --> 00:24:34,159 Speaker 5: because everybody that has Amazon Prime has Amazon as a 472 00:24:34,200 --> 00:24:36,719 Speaker 5: streaming service as well, So you're already hooked in because 473 00:24:36,880 --> 00:24:38,680 Speaker 5: most people who sign up for it are going to 474 00:24:38,760 --> 00:24:40,439 Speaker 5: do Prime and get the two day ship in, but 475 00:24:40,480 --> 00:24:41,840 Speaker 5: you also get the media service with it. 476 00:24:41,880 --> 00:24:46,440 Speaker 3: So a couple of poison yeah, and a great part 477 00:24:46,440 --> 00:24:49,080 Speaker 3: on the media side, the big lesson I want everyone 478 00:24:49,119 --> 00:24:50,800 Speaker 3: to take away and I probably shouldn't even say this, 479 00:24:50,840 --> 00:24:53,679 Speaker 3: but your in goal for your brand shit to end 480 00:24:53,800 --> 00:24:54,880 Speaker 3: up being a conglomerate. 481 00:24:55,320 --> 00:25:01,280 Speaker 5: Oh yo, your camera's flilling. It just went, yeah, it's stopped. 482 00:25:01,280 --> 00:25:01,920 Speaker 5: Now you good? 483 00:25:03,040 --> 00:25:06,320 Speaker 3: So I can't talk with my hands listen like Lord 484 00:25:06,320 --> 00:25:10,560 Speaker 3: of the Rings. I No, that's a lot to spend 485 00:25:10,560 --> 00:25:12,159 Speaker 3: on the show. A can we can we get a 486 00:25:12,240 --> 00:25:14,200 Speaker 3: period piece show that we need to do because that's 487 00:25:14,240 --> 00:25:15,760 Speaker 3: a lot of vidership shout out to a bed. He 488 00:25:15,840 --> 00:25:18,640 Speaker 3: was walking me through TV numbers. To have twenty three 489 00:25:18,680 --> 00:25:23,000 Speaker 3: million people watching one thing is absolutely amazing. But if 490 00:25:23,040 --> 00:25:25,840 Speaker 3: you look, even though they have not dominated media yet, 491 00:25:26,680 --> 00:25:28,760 Speaker 3: look how long it took Apple TV to get good. 492 00:25:28,800 --> 00:25:31,680 Speaker 3: Like when I first got the Apple TV box, it 493 00:25:31,800 --> 00:25:34,360 Speaker 3: wasn't much on their it was clunky, but over time. 494 00:25:36,119 --> 00:25:36,919 Speaker 4: They developed it. 495 00:25:37,080 --> 00:25:40,080 Speaker 3: When an oscar now whenever they developed a version of 496 00:25:40,119 --> 00:25:43,640 Speaker 3: Breaking Bad or House of Cards or The Walking Dead, 497 00:25:43,720 --> 00:25:46,200 Speaker 3: and they have millions of people tuned in great. Same 498 00:25:46,280 --> 00:25:49,119 Speaker 3: with Amazon. They're moving into the podcast space. I know 499 00:25:49,200 --> 00:25:51,159 Speaker 3: Charlemagne and Kevin Hard are doing something with them. So 500 00:25:51,160 --> 00:25:54,200 Speaker 3: they getting hired listenership when they have a hit TV show. 501 00:25:54,240 --> 00:25:56,240 Speaker 3: And we've been talking about the super Bowl and I 502 00:25:56,240 --> 00:25:58,080 Speaker 3: know some people were like, hey, I started in the 503 00:25:58,080 --> 00:26:02,200 Speaker 3: comments the NFL will never give up the rights for 504 00:26:03,600 --> 00:26:05,399 Speaker 3: the super Bowl to a streaming service. 505 00:26:05,440 --> 00:26:08,199 Speaker 4: I'm like, what if they are from twenty two billion dollars? 506 00:26:08,760 --> 00:26:11,040 Speaker 5: Can you watch the super Bowl on YouTube TV? Yeah? 507 00:26:11,040 --> 00:26:13,480 Speaker 5: I think so, yeah, So, I mean it's part it's 508 00:26:13,600 --> 00:26:16,520 Speaker 5: they have like streaming rights like so YouTube TV if 509 00:26:16,520 --> 00:26:18,399 Speaker 5: you if you pay, I think like the seventy the 510 00:26:18,440 --> 00:26:21,040 Speaker 5: forty nine dollars, seventy nine dollars memanship, you can you 511 00:26:21,080 --> 00:26:22,320 Speaker 5: can watch the super Bowl. 512 00:26:22,560 --> 00:26:26,919 Speaker 3: And look at the share of all online sales and 513 00:26:27,320 --> 00:26:31,520 Speaker 3: twenty twenty one was fifty six point seven percent of 514 00:26:31,680 --> 00:26:33,399 Speaker 3: all sales just Amazon. 515 00:26:33,800 --> 00:26:34,400 Speaker 5: That's crazy. 516 00:26:35,640 --> 00:26:39,040 Speaker 4: Like shoddy Troy Mike, what. 517 00:26:38,960 --> 00:26:41,640 Speaker 3: We need to do to get fifty percent, fifty six 518 00:26:41,680 --> 00:26:44,520 Speaker 3: percent of listenership just to be for us a business, 519 00:26:44,760 --> 00:26:47,520 Speaker 3: like when you have that much market share, like when 520 00:26:47,560 --> 00:26:51,080 Speaker 3: people think to buy something, they're literally thinking your company. 521 00:26:51,720 --> 00:26:54,360 Speaker 4: I never hear anybody say, hey, I need to go to. 522 00:26:56,280 --> 00:26:57,920 Speaker 3: And let's be honest, even in two thousand and seven, 523 00:26:57,960 --> 00:27:00,520 Speaker 3: in two thousand and eight, going to see your or 524 00:27:00,760 --> 00:27:04,480 Speaker 3: even in some cases home deeparts to be. Yesterday he 525 00:27:04,600 --> 00:27:08,000 Speaker 3: was doing appliing shopping shout out to all the good 526 00:27:08,040 --> 00:27:10,000 Speaker 3: man that you know, got to go applying shopping with. 527 00:27:09,840 --> 00:27:12,879 Speaker 4: With wives and stuff like that. I'm not there yet, 528 00:27:13,760 --> 00:27:15,560 Speaker 4: but those experiences are not nice. 529 00:27:15,720 --> 00:27:17,520 Speaker 3: And back in the day when I would watch a 530 00:27:17,560 --> 00:27:20,800 Speaker 3: Blockbuster or go to Blockbuster get candy, you can literally 531 00:27:20,880 --> 00:27:23,560 Speaker 3: watch a movie on Amazon or the Popcorn the day before, 532 00:27:23,640 --> 00:27:25,800 Speaker 3: have it or maybe even have it there the same day, 533 00:27:26,280 --> 00:27:28,679 Speaker 3: have fun, watch the same amount of shows and waste 534 00:27:28,760 --> 00:27:34,720 Speaker 3: less time. And they are responsible for fifty six point 535 00:27:34,760 --> 00:27:37,119 Speaker 3: seven percent of all sales online. 536 00:27:37,240 --> 00:27:38,680 Speaker 4: That is a legal cartel. 537 00:27:40,480 --> 00:27:43,280 Speaker 5: And we spoke about the infrastructure. We spoke about infrastructure 538 00:27:43,320 --> 00:27:46,280 Speaker 5: in terms of like, hey, they're quietly building like every 539 00:27:46,280 --> 00:27:49,320 Speaker 5: four years, they just quietly build more factories. Right, so 540 00:27:49,359 --> 00:27:51,600 Speaker 5: now it's not two day shipping. Now, it's same day shipping. 541 00:27:52,000 --> 00:27:53,959 Speaker 5: Now it's you know, the next thing is like, hey, 542 00:27:54,000 --> 00:27:55,960 Speaker 5: your medication will be there in four hours. So like 543 00:27:56,000 --> 00:27:59,160 Speaker 5: they're quietly doing these things. Yeah, and they're just building 544 00:27:59,200 --> 00:28:00,000 Speaker 5: and building infrastry. 545 00:28:00,400 --> 00:28:02,800 Speaker 3: Man and then wait till they start delivering you know, 546 00:28:02,960 --> 00:28:05,800 Speaker 3: house calls and doctor visits to your house and they 547 00:28:05,800 --> 00:28:07,160 Speaker 3: help America get healthier. 548 00:28:07,800 --> 00:28:08,800 Speaker 4: That's going to be something. 549 00:28:08,840 --> 00:28:11,800 Speaker 3: And also then if they have Whole food so now 550 00:28:11,840 --> 00:28:14,080 Speaker 3: they can tell you, hey, you want to this doctor. 551 00:28:14,080 --> 00:28:16,240 Speaker 3: I know the data is supposed to be separated, but 552 00:28:16,440 --> 00:28:18,200 Speaker 3: we want America to be healthier because one of the 553 00:28:18,200 --> 00:28:21,359 Speaker 3: biggest expenses that we have is healthcare. If I was 554 00:28:21,400 --> 00:28:24,720 Speaker 3: at Amazon, I would position it, Okay, eat healthier. Here's 555 00:28:24,720 --> 00:28:27,600 Speaker 3: a plant based lifestyle that everyone can agree agree upon. 556 00:28:28,000 --> 00:28:29,840 Speaker 3: We need to redo the food pyramid because it's not 557 00:28:29,880 --> 00:28:31,440 Speaker 3: actually what we are supposed to be eating. 558 00:28:31,800 --> 00:28:33,359 Speaker 4: There's a lot of lobbying that went into that. 559 00:28:33,480 --> 00:28:35,639 Speaker 3: So now you can get your food from Whole Foods, 560 00:28:35,960 --> 00:28:41,520 Speaker 3: the vitamins from Amazon, exercise programs on Amazon, what you 561 00:28:41,600 --> 00:28:44,800 Speaker 3: listen to make your life better, and all the health 562 00:28:44,800 --> 00:28:47,880 Speaker 3: and wellness folks. Just in that healthcare space, they'll be 563 00:28:47,920 --> 00:28:50,960 Speaker 3: able to dominate, but to have the trust that they do. 564 00:28:51,040 --> 00:28:54,640 Speaker 4: And then Amazon Web Services on top of it, it's 565 00:28:54,680 --> 00:28:58,640 Speaker 4: hard to argue why. 566 00:28:58,840 --> 00:29:05,240 Speaker 5: Like the revenue business, it's on pace to rival Alphabet 567 00:29:05,400 --> 00:29:07,080 Speaker 5: if not past it over the next two years. 568 00:29:07,760 --> 00:29:09,000 Speaker 4: Those are the one of two. 569 00:29:09,040 --> 00:29:11,320 Speaker 3: Those are like the Drake and j Cole right now Amazon, 570 00:29:11,400 --> 00:29:14,840 Speaker 3: So I would say Amazon is well. Google is Drake 571 00:29:14,920 --> 00:29:17,880 Speaker 3: and Amazon is Jacole right now. Both are great to 572 00:29:17,880 --> 00:29:20,480 Speaker 3: have it. If I'm loosen, I want both. I want 573 00:29:20,520 --> 00:29:23,120 Speaker 3: everyone to stop competing about which one is better. It's 574 00:29:23,160 --> 00:29:25,240 Speaker 3: not about which one is better if it's about which 575 00:29:25,360 --> 00:29:28,480 Speaker 3: one you should have in your portfolio, and the answer 576 00:29:28,560 --> 00:29:30,720 Speaker 3: is usually both. Same with real estate, you need business 577 00:29:30,880 --> 00:29:34,120 Speaker 3: media real estate you need long term investing. You need 578 00:29:34,120 --> 00:29:37,760 Speaker 3: short term investing because now in a recession, you need 579 00:29:37,800 --> 00:29:40,160 Speaker 3: as many revenue streams as possible. I remember when I 580 00:29:40,200 --> 00:29:42,720 Speaker 3: said maybe two years ago, you need twenty eight streams 581 00:29:42,720 --> 00:29:44,920 Speaker 3: of revenue and everyone's like, hey, you're crazy. And now 582 00:29:44,920 --> 00:29:47,680 Speaker 3: I'm seeing more entrepreneurs be like, man, I'm up to 583 00:29:47,720 --> 00:29:50,560 Speaker 3: twenty Thank you for telling me, because when this recession hits, 584 00:29:51,280 --> 00:29:53,800 Speaker 3: if you didn't have twelve or thirteen, you're in a 585 00:29:53,840 --> 00:29:56,720 Speaker 3: lot of trouble. So I think Amazon's one of the 586 00:29:56,760 --> 00:29:59,880 Speaker 3: greatest companies ever created. And also historically the retail s 587 00:30:00,640 --> 00:30:03,720 Speaker 3: has been a horrible experience and horrible to invest in. 588 00:30:04,400 --> 00:30:05,560 Speaker 4: They've done an amazing job. 589 00:30:06,880 --> 00:30:11,760 Speaker 5: Shout the cold he's going to cover two K. Really? Yeah, 590 00:30:11,760 --> 00:30:14,040 Speaker 5: you got the cover to k the Dreamers edition, shout 591 00:30:14,080 --> 00:30:17,880 Speaker 5: the Dreamer Wow. So all right, So that's that we 592 00:30:17,960 --> 00:30:20,720 Speaker 5: got them all. Montana, So which one is better? 593 00:30:20,720 --> 00:30:25,480 Speaker 2: And put it in chat? Do you think Fang is better? Things? Lineup? 594 00:30:25,680 --> 00:30:30,800 Speaker 2: Is Meta? Amazon, Apple? Netflix? In Google? Or do you 595 00:30:30,840 --> 00:30:37,280 Speaker 2: think montanas is better with Microsoft, Apple, Tesla, Googlen Video 596 00:30:37,520 --> 00:30:42,600 Speaker 2: and Amazon? Put it put in chat? Put in chat? 597 00:30:42,600 --> 00:30:47,400 Speaker 2: Which one you think is better? Fang or maintaina. 598 00:30:47,760 --> 00:30:52,320 Speaker 5: Yeah, so Montana, they gotta They obviously remove Netflix. 599 00:30:52,440 --> 00:30:56,160 Speaker 2: The big the biggest ones are the Fang has uh 600 00:30:56,600 --> 00:31:00,320 Speaker 2: Meta and they have Netflix, and those are the two Vegas. 601 00:31:00,840 --> 00:31:07,240 Speaker 2: Mantaina has Microsoft, Tesla and the video because Google, Amazon 602 00:31:07,480 --> 00:31:10,920 Speaker 2: and Apple and both yep. So it really comes down 603 00:31:10,960 --> 00:31:17,520 Speaker 2: to Micro, Microsoft, Tesla and in Vidio Video versus Meta 604 00:31:18,400 --> 00:31:22,160 Speaker 2: and Netflix. Who wins? 605 00:31:22,520 --> 00:31:25,080 Speaker 4: Who? Okay, okay, hold up, we're match. What's the line 606 00:31:25,160 --> 00:31:25,520 Speaker 4: up again? 607 00:31:25,600 --> 00:31:29,520 Speaker 3: Because I'm gonna do my uh Stan van Gundy after this, 608 00:31:29,560 --> 00:31:29,920 Speaker 3: all right. 609 00:31:30,160 --> 00:31:32,160 Speaker 5: So yeah, so you're gonna you're gonn You're gonna do 610 00:31:32,160 --> 00:31:32,760 Speaker 5: your Mark Jackson. 611 00:31:32,800 --> 00:31:34,480 Speaker 2: To make it as easy as possible, let's just do 612 00:31:34,520 --> 00:31:36,640 Speaker 2: a three on two because the other the other ones 613 00:31:36,680 --> 00:31:44,120 Speaker 2: already in it. So Microsoft, Tesla and in Video versus 614 00:31:44,160 --> 00:31:48,480 Speaker 2: Meta and uh Netflix. 615 00:31:49,200 --> 00:31:54,000 Speaker 3: Okay, Microsoft would be lebron second year with the heat, 616 00:31:54,760 --> 00:31:59,440 Speaker 3: Tesla would be Janni's and Video would be Luca. 617 00:32:00,240 --> 00:32:05,640 Speaker 5: I'll say job, Okay, I'm good with that. Okay, Okay, Meta. 618 00:32:08,520 --> 00:32:12,320 Speaker 3: Anthony Davis when he's hurt, shout a ad. I want 619 00:32:12,320 --> 00:32:14,280 Speaker 3: a problem about in Chicago right? 620 00:32:15,000 --> 00:32:15,840 Speaker 4: Uh? 621 00:32:16,400 --> 00:32:20,080 Speaker 3: Netflix is John Wall. I love you, John, I want 622 00:32:20,080 --> 00:32:21,640 Speaker 3: a problems. I want them smoke. I love you and 623 00:32:21,680 --> 00:32:24,960 Speaker 3: your family, so about everybody in each town, everybody in DC. 624 00:32:25,120 --> 00:32:28,440 Speaker 3: Let me alone, John, I love you, but used to 625 00:32:28,520 --> 00:32:32,080 Speaker 3: be incredible, but now they're on the down cycle of 626 00:32:32,120 --> 00:32:35,719 Speaker 3: their career. John Sally, please provide me some protection from 627 00:32:35,760 --> 00:32:40,640 Speaker 3: John Wall, please, Charles Barkley, So, yes. 628 00:32:41,480 --> 00:32:44,120 Speaker 2: There you have it. That sounds like a blowout victory 629 00:32:44,120 --> 00:32:44,360 Speaker 2: to me. 630 00:32:44,760 --> 00:32:48,200 Speaker 5: Yeah, I guess I know what's going And listen to. 631 00:32:48,360 --> 00:32:51,560 Speaker 3: Tattoo index no stress, like I keep saying, like investment 632 00:32:51,680 --> 00:32:56,440 Speaker 3: is not hard, and I was having this conversation with Pierre, 633 00:32:56,480 --> 00:33:00,200 Speaker 3: like nothing in life is really complicated. We assume is 634 00:33:00,240 --> 00:33:04,560 Speaker 3: make it complicated because we want to stop the process 635 00:33:05,040 --> 00:33:08,160 Speaker 3: of walking into greatness. This will I always say everything 636 00:33:08,200 --> 00:33:11,920 Speaker 3: about the merchandise you guys create for the fashion line. 637 00:33:12,600 --> 00:33:16,240 Speaker 3: You could have had ninety four more sayings. It's smart 638 00:33:16,240 --> 00:33:19,680 Speaker 3: to just stick with one that works. Too many exkus, 639 00:33:19,720 --> 00:33:24,040 Speaker 3: too many problems. Please put that in check. Vo Vti Apple, 640 00:33:24,120 --> 00:33:32,320 Speaker 3: Microsoft amazing on the crypto side, Bitcoin, Ata Ethereum. Pick 641 00:33:32,360 --> 00:33:34,640 Speaker 3: a dark horse and you're good. The most important thing 642 00:33:34,720 --> 00:33:38,320 Speaker 3: is to reinvest. Like imagine if Earn your leser changed 643 00:33:38,360 --> 00:33:40,400 Speaker 3: the company name every week in Redpan to change the 644 00:33:40,480 --> 00:33:42,640 Speaker 3: name every week, you wouldn't be able. 645 00:33:42,480 --> 00:33:43,720 Speaker 4: To trust it. 646 00:33:43,760 --> 00:33:46,200 Speaker 3: So a lot of times when you're trying to find more, 647 00:33:47,320 --> 00:33:51,560 Speaker 3: more advice, more insight, a different portfolio, because let's be honest, 648 00:33:51,760 --> 00:33:54,280 Speaker 3: if you invest in the vo o Vti Apple, Microsoft 649 00:33:54,280 --> 00:33:56,360 Speaker 3: as scary as it was. If you invested in the Apple, 650 00:33:56,400 --> 00:33:59,000 Speaker 3: Apple is close to getting back to it's all time 651 00:33:59,080 --> 00:34:04,320 Speaker 3: Highcrosoft is setting the world on fire, and we brought 652 00:34:04,320 --> 00:34:08,840 Speaker 3: you this strategy and mentioned Microsoft Tesla and Video AMD 653 00:34:09,000 --> 00:34:10,960 Speaker 3: way before these other analysts. 654 00:34:10,480 --> 00:34:17,880 Speaker 2: Did my graduates from my school being forced back drop bags, 655 00:34:17,920 --> 00:34:20,719 Speaker 2: drop Mike, drop back, drop. 656 00:34:21,000 --> 00:34:34,680 Speaker 6: Drop, Coach, the energy out there felt different. What changed 657 00:34:34,719 --> 00:34:35,440 Speaker 6: for the team today? 658 00:34:35,560 --> 00:34:37,719 Speaker 3: It was the new game day scratches from the California 659 00:34:37,760 --> 00:34:38,760 Speaker 3: Lottery players. 660 00:34:38,800 --> 00:34:39,200 Speaker 5: Everything. 661 00:34:39,520 --> 00:34:41,479 Speaker 4: Those games sent the team's energy through the roof. 662 00:34:41,560 --> 00:34:43,520 Speaker 6: Are you saying it was the off field play that 663 00:34:43,600 --> 00:34:44,720 Speaker 6: made the difference on the field. 664 00:34:44,800 --> 00:34:47,560 Speaker 4: Hey, little play makes your day, and today it made 665 00:34:47,560 --> 00:34:49,680 Speaker 4: the game. That's all for now, Coach. 666 00:34:49,800 --> 00:34:50,439 Speaker 3: One more question. 667 00:34:50,640 --> 00:34:53,480 Speaker 8: Played the new Los Angeles Chargers, San Francisco forty nine 668 00:34:53,560 --> 00:34:56,600 Speaker 8: Ers and Los Angeles Rams scratchers from the California Lottery. 669 00:34:56,719 --> 00:34:58,319 Speaker 8: A little play can make your day. 670 00:34:58,960 --> 00:34:59,200 Speaker 3: Peace. 671 00:34:59,360 --> 00:35:01,319 Speaker 8: Responsible to be eighteen years or older to purchase plate 672 00:35:01,400 --> 00:35:01,719 Speaker 8: or claim