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Speaker 1: turning it into products at our refineries, people doing R
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Speaker 2: Let's talk about the fang stocks. So I want to
Speaker 2: educate people on what thing actually is because they might
Speaker 2: have heard this term and not really sure. So Fang,
Speaker 2: FAA ng is. It used to be called Facebook, but
Speaker 2: it's now meta, Amazon, Apple, Netflix, and Google. So big
Speaker 2: tech when you have big tech companies, you know, the
Speaker 2: largest tech companies and to gain the most important tech
Speaker 2: companies in the world. They may have the acronym of thing.
Speaker 2: And these are companies that stock had a tremendous rise
Speaker 2: over the last decade. Not this year, but the last decade.
Speaker 2: All these all of these companies stocks did tremendously well,
Speaker 2: and there was you know, they did so well that
Speaker 2: you know people really thought that those were the primary
Speaker 2: companies that you should invest in and focus your energy
Speaker 2: in those companies. But obviously times have changed, Meta struggling.
Speaker 2: Apple is still doing well. Amazon is going to be
Speaker 2: in good shape. Amazon and Google, but it hasn't done
Speaker 2: well in the last eighteen months when you look at
Speaker 2: his chart, and Netflix has done terrible. So you ian
Speaker 2: have proposed a new acronym called no.
Speaker 3: This was proposed by analysts, yeah, earlier this week.
Speaker 4: I have a theory, though.
Speaker 2: I thought it was you I wanted. I wanted to
Speaker 2: give you credit.
Speaker 3: I didn't know you know, I appreciate a lot, but
Speaker 3: I want them to think that I'm jacking their their phrase.
Speaker 3: The one that we have, I think it is a
Speaker 3: lot better. But I think it's really interesting. I have
Speaker 3: a theory though, that people have been watching the show
Speaker 3: quietly and wait till we produce and release the show
Speaker 3: and then talk about the things we've been talking about after.
Speaker 3: So this list shout out to Montana looks a lot
Speaker 3: like the stocks that we've talked about here before. So
Speaker 3: Microsoft one of my babies. I love you, dearly, Apple,
Speaker 3: absolutely amazing, Tesla, Alphabet or Google and Video. We'll talk
Speaker 3: about that in few and Amazon. So is Montana the
Speaker 3: new fing.
Speaker 5: We're gonna call it Montana.
Speaker 2: Shout out the French child. So let's all right, let's
Speaker 2: go through this. Let's go through this one by one.
Speaker 2: Microsoft amazing. Let's let's do this. Let's do this. Let's
Speaker 2: let's talk about like, let's spend like one minute on
Speaker 2: each company and explain why it's a good company. Watch
Speaker 2: it back our thoughts on it. Microsoft. I know it's
Speaker 2: something that you obviously have been bullish on for a
Speaker 2: long period of time. Why why why are you so
Speaker 2: bullish on Microsoft? You could you want me to go?
Speaker 5: All right, I'll start eating and if I miss something
Speaker 5: you can pick it up, all right? So Microsoft, it
Speaker 5: should I don't mean when they had the fame thing,
Speaker 5: I don't even know why if Microsoft wouldn't have been
Speaker 5: part of it. But it's perfect that this is in
Speaker 5: the Montana Microsoft core business business to business. They kill
Speaker 5: cloud service, they kill gaming, they kill what else?
Speaker 3: They have software on eighty five percent of the computers
Speaker 3: in all of the world.
Speaker 4: That alone is enough for me.
Speaker 5: This four reasons why that should have I mean it
Speaker 5: should have been on it already.
Speaker 2: All right. So there's that for Microsoft Apple, I mean
Speaker 2: preteen this point to thread. This company ever control Tesla.
Speaker 2: This is something that is a very volatile situation, very
Speaker 2: very volatile. CEO, what about Tesla?
Speaker 4: Why?
Speaker 2: Why is Tesla a good company to invest in? Or
Speaker 2: is it a good company to invest in?
Speaker 4: Definitely a good company to invest in. I like well leadership.
Speaker 3: So for me, when evaluating what to invest in on
Speaker 3: terms of the fundamentals, the first thing I'm looking at
Speaker 3: as the founder, because the company is going to have
Speaker 3: the DNA or the habits or traits of the founder
Speaker 3: in it. Even though Elon is volatile in some areas,
Speaker 3: you cannot deny that he is a genius for sure.
Speaker 3: Probably a hybrid of Einstein and see Jobs rolled into one.
Speaker 3: And he's the only person that's been able to make
Speaker 3: electronic vehicle sexy, like we were the only black men
Speaker 3: that made invest in sexy for our community. So when
Speaker 3: you're able to move a market, be a visionary leader,
Speaker 3: be a part of PayPal mafia. The secrets that he
Speaker 3: holds are like unlike any other. And of course California,
Speaker 3: of course declared in twenty thirty five all gas vehicles
Speaker 3: will be banned. They will go to EV. Therefore California
Speaker 3: will be first. I think New York will be second,
Speaker 3: Texas will be third. Now he's looking at a thirty
Speaker 3: or forty year window where if you think electronic vehicle,
Speaker 3: you automatically he is the Mercedes Bands of the EV market.
Speaker 3: You don't want a prius. I want the fantom to
Speaker 3: look like a phantom shot to Diddy. Right, So, if
Speaker 3: you're thinking electronic vehicle, if you're going to brand or
Speaker 3: market share recognition, they are never one in that space
Speaker 3: and they have no close competitors.
Speaker 5: Amazing company. I agree with everything you just said. I
Speaker 5: probably would put Texas number two only because they're rarely
Speaker 5: building the facilities there. So like when you take you
Speaker 5: take the right exactly. The largest population by state is California.
Speaker 5: So you make a move like that in California, twenty
Speaker 5: thirty five sounds like a long way away, but it's
Speaker 5: not really when you talk about technology and they're prepared
Speaker 5: for it.
Speaker 6: Right.
Speaker 5: If they're the leader of the space and this is
Speaker 5: the most populated state in the country, that's that's a
Speaker 5: big market and that will set the trend for the
Speaker 5: rest of the state. So yeah, I think first California,
Speaker 5: then Texas and then New York will adopted, and then
Speaker 5: once those three states have it, forget about it.
Speaker 4: Everyone else fall place.
Speaker 5: Yeah. And from a technology standpoint too, what they're doing
Speaker 5: from a solar standpoint, from the batteries being able to
Speaker 5: lease that out, I'm sure at some point to other companies. Yeah,
Speaker 5: Tessa's one of them. You gotta have.
Speaker 2: It's currently at two seventy dollars.
Speaker 5: It's split, yeah, one to three.
Speaker 2: It's split a few weeks ago. Yeah, So long term,
Speaker 2: Tesla is something that you believe in because they're going
Speaker 2: to have competition. They're gonna have competition from Apple, They're
Speaker 2: gonna have competition from a variety of different people.
Speaker 3: Apple's gonna be the biggest competitor if they ever released
Speaker 3: that car or that truck. That's the only one I'm
Speaker 3: worried about. GM A Ford, I'm not worried about. There'll
Speaker 3: be laggerts behind, but Apple is the one that they
Speaker 3: should be most worried about.
Speaker 5: Yeah, that makes sense, all right.
Speaker 2: Alphabet, which, for anybody that doesn't know, Alphabet is the
Speaker 2: parent company of Google. So Google, Google is a very
Speaker 2: impressive company. They own the company that we're on right now,
Speaker 2: which is YouTube very very big part of their portfolio. Yes,
Speaker 2: you know, you have the number one and number two
Speaker 2: search engines because Google is the number one search engine.
Speaker 2: YouTube numbers number two search engine, so they pretty much
Speaker 2: control the Internet.
Speaker 3: I could argue they have the number one entertainment model
Speaker 3: for content ever.
Speaker 2: Created the number one entertainment model.
Speaker 5: Yes, we as in like, puts your content on here
Speaker 5: for free. We'll figure out what's hot.
Speaker 4: And I'll pay you after their producers.
Speaker 5: I'll pay you after. It's the opposite of Netflix. Yeah,
Speaker 5: we'll pay you after this. We'll paid and we'll take
Speaker 5: thirty percent of what we're gonna pay.
Speaker 3: No, well, their frame it is that Well, we'll allow
Speaker 3: us to keep thirty percent and you have seventy, which
Speaker 3: even if you look for most entertainers, that's a pretty
Speaker 3: good split. You've never heard any issues with YouTube keeping
Speaker 3: their publishing forever all rights to the show or even
Speaker 3: in some cases like with Amazon, which we'll talk about.
Speaker 3: You don't see Google remixing shows. They didn't make their
Speaker 3: own version of Mister Beast. They let misster Bees coexistent
Speaker 3: just live. So also, they are a non competitors to
Speaker 3: the creatives that are on that platform. Which is amazing.
Speaker 3: So I think they have the best business model ever
Speaker 3: for entertainment.
Speaker 2: Yeah. I just realized something. And we'll talk about this
Speaker 2: later on. But Tesla, Google and Video and Amazon and
Speaker 2: Apple for that matter, what do they all have in common?
Speaker 4: Just a good shirt? Question up me and go ahead,
Speaker 4: let me phone the frame, Let me phone you. What
Speaker 4: are it ever coming.
Speaker 2: Within within the last I want to say eighteen, but
Speaker 2: definitely in the last twenty four just to be safe.
Speaker 2: But with Alston, maybe in the last eighteen they all
Speaker 2: split their stops.
Speaker 5: Yeahh oh yeah, yeah, yeah.
Speaker 2: What is that? All right? Let's let's have this conversation
Speaker 2: because they all split their stock. Why why is it
Speaker 2: beneficial for a company to split their stock?
Speaker 3: I mean, especially now if you are in a recession
Speaker 3: or money is getting tight. So if you have a company,
Speaker 3: let's say like Neo and the current prece in Neo
Speaker 3: is at seventeen dollars and seventy three cent.
Speaker 4: Even if you wanted to invest in Apple, let's say, if.
Speaker 3: It was like five to ninety per hare, historically, you're
Speaker 3: gonna be like, let me get the one as seventeen
Speaker 3: and even if it goes up to twenty one I
Speaker 3: have a chance to make it some money. So it's
Speaker 3: very smart for companies that have major market share like
Speaker 3: a true a loyal fan base and high volume to
Speaker 3: split so the cost basis will be lower, so pension
Speaker 3: funds can invest in them, hedge funds, and also retail
Speaker 3: investors and international investors as well, because at one point
Speaker 3: Amazon was so expensive you wouldn't even think it was
Speaker 3: like the cost of a mortgage for one share.
Speaker 4: Now that it's down, I think people are going to
Speaker 4: pile into it more. Same for Apple, same for Tesla.
Speaker 3: I think it's really smart that Elon has done three
Speaker 3: splits in the last what two years to keep that
Speaker 3: price down. So that's the number one competitive reason is
Speaker 3: to make the price affordable so more people can pile
Speaker 3: into it.
Speaker 5: Yeah, morefordability, more profitability, more retail investors can involve. It's
Speaker 5: the number one reason.
Speaker 2: Right.
Speaker 5: It looks more attractive when Amazon is one hundred and
Speaker 5: thirty one dollars compared to thirty seven hundred dollars. Right,
Speaker 5: even if you're buying fractional ships. Now you literally can
Speaker 5: buy a share.
Speaker 3: Yeah, and we've seen this for Berkshire Hathaway. If we
Speaker 3: look at Berkshire Hathaway Class airshase plus air plus A shares.
Speaker 3: Excuse me, it's four hundred and seventeen thousand, nine hundred
Speaker 3: and forty dollars for one share. Berkshire Hathaway B shares
Speaker 3: cheaper version it's two hundred and seventy seven dollars. So
Speaker 3: we've seen this before. I think it's a great adjustment
Speaker 3: for sure. And Apple, if people don't remember, during their
Speaker 3: last recession, was not a fan favorite.
Speaker 4: It was volatile like Tesla.
Speaker 3: So to now have a leadership position, you want to
Speaker 3: keep that base of investors and people can say that
Speaker 3: it doesn't matter when the price is and to go
Speaker 3: down to the company. We know people are publicly traded companies.
Speaker 3: It does have a negative effect on the employee base
Speaker 3: and company morale when your stock is getting beat up.
Speaker 2: I agree. In video, let's talk about that.
Speaker 5: Yeah, if it took a hit, it's taking a hit,
Speaker 5: but it's still a great company. So I'm glad that
Speaker 5: it's on the list because it's just a great company.
Speaker 5: So I'll just give you, like the thirty second version
Speaker 5: of it. Why in video we're talking about a company
Speaker 5: that is ahead of the game when it comes to
Speaker 5: AI when it comes to the metaverse, when it comes
Speaker 5: to pretty much the future of computing. You talk about
Speaker 5: in video what they're being able to do with the
Speaker 5: graphic processes. I mean, they're ahead of the game. And
Speaker 5: so obviously computing is something that's not going anywhere, and
Speaker 5: it's only going to become more of a thing. You
Speaker 5: have to find the company that is leading the space
Speaker 5: in that area, and they're definitely that company, even so
Speaker 5: much so, and maybe we'll talk about it later that
Speaker 5: the US has decided to say, hey, we don't want
Speaker 5: you selling any of these things to our competitors. So,
Speaker 5: I mean that's my thirty second on the video. Love
Speaker 5: the company. In fact, I like where it's at right now.
Speaker 5: And I'm gonna add it this is breaking new. I'm
Speaker 5: gonna add this is going to be another one of
Speaker 5: my one thousand shares companies. Yeah, so I'm gonna I'm
Speaker 5: adding this to my thousand shared companies with A M, D,
Speaker 5: Apple and Microsoft and video is gonna be my next one.
Speaker 4: Bam, Jamal Troy Just in case.
Speaker 3: So I want to get some prices because I wanted
Speaker 3: to be in a group chat, like why didn't you
Speaker 3: say nothing low the boat price for sure will be
Speaker 3: sixty one dollars and seventy three cent. That's like if
Speaker 3: you have to sell the house, and that's the price
Speaker 3: I will get in for a price that will probably
Speaker 3: come closer in the next two months. Uh, seventy five
Speaker 3: fifty three to in Vidia seventy five to fifty three.
Speaker 3: That's where I will look to put some capital in.
Speaker 3: And Video is another company I love. If you want
Speaker 3: to make your own index, you can put in Nvidia
Speaker 3: and AMD together. Their market cap is like three hundred
Speaker 3: and forty billion. They have twenty one percent of market
Speaker 3: share currently. I think that will only grow over time.
Speaker 3: I know they're getting beat up right now, and yeah,
Speaker 3: we'll talk about it later, but they've had a hell
Speaker 3: of a run. If you go back and this will
Speaker 3: I always say, and that's for the long term. In
Speaker 3: twenty fifteen, even towards the highs, the stock was like
Speaker 3: at ten bucks. It grew from twenty fifteen to twenty
Speaker 3: twenty two excuse me, twenty one to three hundred and
Speaker 3: forty six dollars. So when you look at Monster Domino's
Speaker 3: Pizza t mobile.
Speaker 4: We can talk out.
Speaker 3: The real secret is the only advantage that we have
Speaker 3: over hedge funds is that we have to hold for
Speaker 3: a longer period of time, and if we hold the
Speaker 3: right ones, we can have explosive growth.
Speaker 4: I love and Video.
Speaker 3: Even though they're having a setback with this issue with
Speaker 3: the United States and the conflict in China, they're.
Speaker 4: Going to be okay.
Speaker 3: And let's be honest, every recession, if you missed it,
Speaker 3: you always say, man, I wish I could have went
Speaker 3: back in time and invested in Apple, Microsoft, anything right
Speaker 3: and held it. And now we're here, back in the
Speaker 3: middle of the storm, and everyone's like, I don't know
Speaker 3: if I should get it this time, because this time
Speaker 3: may be different. What are the alternatives? Usha just told you, Yes,
Speaker 3: you can rent a house, but would it be wiser
Speaker 3: for him to have put money into eyl University? The
Speaker 3: development immersed the quality of the merchandise to grow, or
Speaker 3: give your money to a bank so they can profit
Speaker 3: off of it. Please write this down. Every dollar that
Speaker 3: you spend is either going to make your family wealthy
Speaker 3: and free or someone else's. There's no in between. So
Speaker 3: even when you pay bills, like even the mission of
Speaker 3: running errands on a Saturday was created by Edward Brenet's
Speaker 3: is a propaganda program to get people to go out
Speaker 3: in real time every week to buy more when they
Speaker 3: were not at that time, to increase the.
Speaker 4: Sales for retail stores.
Speaker 3: So everyone running errands on Saturdays, and I'm like, the
Speaker 3: traffic is crazy, But look at how much of a
Speaker 3: brilliant campaign that was to get us to actually spend
Speaker 3: our money. Because spending is actually throwing away the day
Speaker 3: in which you can retire early and giving it to
Speaker 3: someone else's family in advance. So I want us to
Speaker 3: reframe and reshift the way we look at these companies.
Speaker 3: But in this recession, a company like in video amd TSM,
Speaker 3: which we talked about, which is going to be a
Speaker 3: key like political chess move that we have to protect.
Speaker 3: Be mindful of how you're spending on but appreciate the
Speaker 3: blessing that we have to have this knowledge to have earners.
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Speaker 3: Each other to be able to bouce ideas off of
Speaker 3: because in two thousand and eight it wasn't there, and
Speaker 3: then to be able to get rich off invested in
Speaker 3: some of the best companies in the world. If I've
Speaker 3: made you money, please put yes, sure, get your tickets
Speaker 3: to market.
Speaker 4: Money's live in New York.
Speaker 3: And uh, we didn't do that announcement, but maybe we'll
Speaker 3: talk about it towards the close of the show.
Speaker 4: Got a couple of surprises.
Speaker 5: Few and I said computing, and I actually left out
Speaker 5: the EV space, right, So in video is big en
Speaker 5: that and especially when we talk about China, A lot
Speaker 5: of EV companies that they that are there are using
Speaker 5: in videos seven conductions to actually function, to use functions
Speaker 5: inside of the cars. So yeah, video is one of them. Companies. Man,
Speaker 5: put it on your list. If it's not.
Speaker 2: Amazon, time.
Speaker 5: You go this time?
Speaker 4: Do you want me to go?
Speaker 5: I already said it's still my stock of the year.
Speaker 5: I'm standing on it. I'm standing on that Amazon. I
Speaker 5: think it's no more when it comes to the retail
Speaker 5: space and buying. One of my favorite tests to always
Speaker 5: ask people okay, if you have to buy something right now,
Speaker 5: what CO you're going to go to? So for my entrepreneurs,
Speaker 5: we talked about media and how to grow media a
Speaker 5: lot last week. This week, I want you to learn
Speaker 5: how to identify a problem. So for those of you
Speaker 5: that are a little bit older, like how we are now,
Speaker 5: at one point, the internet was not reliable to buy
Speaker 5: things and then going to a store is really inconvenient.
Speaker 5: They have created a system and processes where you are
Speaker 5: able to get your stuff so fast that even if
Speaker 5: I'm traveling across country, I'll be like, Hey, I need
Speaker 5: to order lights for a book.
Speaker 3: I know I ought to be at the hotel for
Speaker 3: me by the time I get there. The reliability of
Speaker 3: the brand is one of the things that makes them
Speaker 3: absolutely special. Then Amazon Web Services then on top of that,
Speaker 3: even though they're not one of the top players in
Speaker 3: this space, they do have a media component to their business.
Speaker 3: Jeff Bezos is one of the greatest executives to Grace
Speaker 3: America Soil and he's grown that brand. And here's a
Speaker 3: good exercise. Put trust in chat. If when you from Amazon,
Speaker 3: you trust that your package is going to get there.
Speaker 3: I've ordered from Walmart dot Com before other places. We've
Speaker 3: all heard the stories of wish where you think you'll
Speaker 3: get a jersey and it looks like something that was
Speaker 3: made off the Cosby Show, the THEO Award, right, so
Speaker 3: the quality is there, yeah, and that's funny. And then
Speaker 3: when when you look at historically where the price is
Speaker 3: been for the stock, when we pull up the stock
Speaker 3: real quick, it's only grown. And in twenty twenty, I
Speaker 3: tried to get the lady to come on, but there's
Speaker 3: a member where her grandmother, you know, her aunt has
Speaker 3: been in Amazon since two thousand and three, So I'm like,
Speaker 3: what is that growth like and what does it feel
Speaker 3: like to hold it? And it was like the best
Speaker 3: decisions she ever made. They've had an amazing and incredible drawnounds.
Speaker 3: But if you go back to twenty twelve, what a
Speaker 3: justinpha stocksills they were at eight dollars and forty nine cent.
Speaker 3: They're at one twenty seven fifty right now? What is
Speaker 3: the And then here's a great part about investment companies.
Speaker 3: When you're buying these companies, you are literally paying people
Speaker 3: to work for you and make you money.
Speaker 4: Why you do nothing? I've said it before.
Speaker 3: I like Michael Saylor a lot and currently he's under attack.
Speaker 3: As I've told you he would be. Go back to
Speaker 3: the Big Boy episode. Please watch the episode. I think
Speaker 3: it's one of the top ten episodes we've ever done.
Speaker 4: If he would have just.
Speaker 3: Had vall VTI, Apple, Microsoft or an Amazon and that portfolio,
Speaker 3: he wouldn't have the same pressure that he's currently under.
Speaker 4: Amazon is run like a machine.
Speaker 3: And when you look at the competitive landscape, they don't
Speaker 3: have Target isn't better, Wish isn't better, Shift isn't better,
Speaker 3: Walmart dot Com isn't better. Ali Baba isn't better. They
Speaker 3: have no competitors around that makes you want to switch.
Speaker 3: And when you're talking economic modes, trust is the biggest
Speaker 3: one of all that you want to have. And with
Speaker 3: the stock splitting or people looking for savings, looking for convenience,
Speaker 3: especially if you're a parent, They're going to have another
Speaker 3: twenty and thirty year run that I think is going
Speaker 3: to be unprecedented. And they're moving heavier into the medical
Speaker 3: space as well, which would give them a huge leg
Speaker 3: up over most of their competitors.
Speaker 5: I thought she was gonna leave up the medical I'm
Speaker 5: glad you brought that up. I'm going to touch on
Speaker 5: the media really quickly because it's a big space that
Speaker 5: they haven't kind of conquered yet. But they're in there. Right.
Speaker 5: So when we talk about media, obviously they have their
Speaker 5: own shows, they've got live sports, they did the deal
Speaker 5: with the Major League Baseball. But they're coming into this
Speaker 5: this this area that we know a little bit about
Speaker 5: that and that is in podcasting. So they've seen it, right,
Speaker 5: They've mastered the audio book with audible, right, and so
Speaker 5: now how do we master the next genre of that
Speaker 5: audiobook and that would be podcasting. So they're stepping into
Speaker 5: that space. And over the last week, man, they did
Speaker 5: something very incredible that no one paid attention to. They
Speaker 5: put out that Lord of the Ring show. It did
Speaker 5: twenty five million, twenty five million views, right, So like
Speaker 5: in contrast, right, what is the pay I got to
Speaker 5: see the numbers on what they paid for. HBO Max
Speaker 5: put out Game of Thrones, right, the new one, right
Speaker 5: the Dragons, Oucer Dragons. It debuted that with ten million
Speaker 5: of view ten million viewers. And then I think the
Speaker 5: second one last Sunday, did like ten point two, which
Speaker 5: is great. You're talking about twenty five million people watch
Speaker 5: that Lord of the Rings. That that new show on Amazon.
Speaker 5: So when you're talking about now streaming like this is Jesus,
Speaker 5: they really like they can really step into a space
Speaker 5: because everybody that has Amazon Prime has Amazon as a
Speaker 5: streaming service as well, So you're already hooked in because
Speaker 5: most people who sign up for it are going to
Speaker 5: do Prime and get the two day ship in, but
Speaker 5: you also get the media service with it.
Speaker 3: So a couple of poison yeah, and a great part
Speaker 3: on the media side, the big lesson I want everyone
Speaker 3: to take away and I probably shouldn't even say this,
Speaker 3: but your in goal for your brand shit to end
Speaker 3: up being a conglomerate.
Speaker 5: Oh yo, your camera's flilling. It just went, yeah, it's stopped.
Speaker 5: Now you good?
Speaker 3: So I can't talk with my hands listen like Lord
Speaker 3: of the Rings. I No, that's a lot to spend
Speaker 3: on the show. A can we can we get a
Speaker 3: period piece show that we need to do because that's
Speaker 3: a lot of vidership shout out to a bed. He
Speaker 3: was walking me through TV numbers. To have twenty three
Speaker 3: million people watching one thing is absolutely amazing. But if
Speaker 3: you look, even though they have not dominated media yet,
Speaker 3: look how long it took Apple TV to get good.
Speaker 3: Like when I first got the Apple TV box, it
Speaker 3: wasn't much on their it was clunky, but over time.
Speaker 4: They developed it.
Speaker 3: When an oscar now whenever they developed a version of
Speaker 3: Breaking Bad or House of Cards or The Walking Dead,
Speaker 3: and they have millions of people tuned in great. Same
Speaker 3: with Amazon. They're moving into the podcast space. I know
Speaker 3: Charlemagne and Kevin Hard are doing something with them. So
Speaker 3: they getting hired listenership when they have a hit TV show.
Speaker 3: And we've been talking about the super Bowl and I
Speaker 3: know some people were like, hey, I started in the
Speaker 3: comments the NFL will never give up the rights for
Speaker 3: the super Bowl to a streaming service.
Speaker 4: I'm like, what if they are from twenty two billion dollars?
Speaker 5: Can you watch the super Bowl on YouTube TV? Yeah?
Speaker 5: I think so, yeah, So, I mean it's part it's
Speaker 5: they have like streaming rights like so YouTube TV if
Speaker 5: you if you pay, I think like the seventy the
Speaker 5: forty nine dollars, seventy nine dollars memanship, you can you
Speaker 5: can watch the super Bowl.
Speaker 3: And look at the share of all online sales and
Speaker 3: twenty twenty one was fifty six point seven percent of
Speaker 3: all sales just Amazon.
Speaker 5: That's crazy.
Speaker 4: Like shoddy Troy Mike, what.
Speaker 3: We need to do to get fifty percent, fifty six
Speaker 3: percent of listenership just to be for us a business,
Speaker 3: like when you have that much market share, like when
Speaker 3: people think to buy something, they're literally thinking your company.
Speaker 4: I never hear anybody say, hey, I need to go to.
Speaker 3: And let's be honest, even in two thousand and seven,
Speaker 3: in two thousand and eight, going to see your or
Speaker 3: even in some cases home deeparts to be. Yesterday he
Speaker 3: was doing appliing shopping shout out to all the good
Speaker 3: man that you know, got to go applying shopping with.
Speaker 4: With wives and stuff like that. I'm not there yet,
Speaker 4: but those experiences are not nice.
Speaker 3: And back in the day when I would watch a
Speaker 3: Blockbuster or go to Blockbuster get candy, you can literally
Speaker 3: watch a movie on Amazon or the Popcorn the day before,
Speaker 3: have it or maybe even have it there the same day,
Speaker 3: have fun, watch the same amount of shows and waste
Speaker 3: less time. And they are responsible for fifty six point
Speaker 3: seven percent of all sales online.
Speaker 4: That is a legal cartel.
Speaker 5: And we spoke about the infrastructure. We spoke about infrastructure
Speaker 5: in terms of like, hey, they're quietly building like every
Speaker 5: four years, they just quietly build more factories. Right, so
Speaker 5: now it's not two day shipping. Now, it's same day shipping.
Speaker 5: Now it's you know, the next thing is like, hey,
Speaker 5: your medication will be there in four hours. So like
Speaker 5: they're quietly doing these things. Yeah, and they're just building
Speaker 5: and building infrastry.
Speaker 3: Man and then wait till they start delivering you know,
Speaker 3: house calls and doctor visits to your house and they
Speaker 3: help America get healthier.
Speaker 4: That's going to be something.
Speaker 3: And also then if they have Whole food so now
Speaker 3: they can tell you, hey, you want to this doctor.
Speaker 3: I know the data is supposed to be separated, but
Speaker 3: we want America to be healthier because one of the
Speaker 3: biggest expenses that we have is healthcare. If I was
Speaker 3: at Amazon, I would position it, Okay, eat healthier. Here's
Speaker 3: a plant based lifestyle that everyone can agree agree upon.
Speaker 3: We need to redo the food pyramid because it's not
Speaker 3: actually what we are supposed to be eating.
Speaker 4: There's a lot of lobbying that went into that.
Speaker 3: So now you can get your food from Whole Foods,
Speaker 3: the vitamins from Amazon, exercise programs on Amazon, what you
Speaker 3: listen to make your life better, and all the health
Speaker 3: and wellness folks. Just in that healthcare space, they'll be
Speaker 3: able to dominate, but to have the trust that they do.
Speaker 4: And then Amazon Web Services on top of it, it's
Speaker 4: hard to argue why.
Speaker 5: Like the revenue business, it's on pace to rival Alphabet
Speaker 5: if not past it over the next two years.
Speaker 4: Those are the one of two.
Speaker 3: Those are like the Drake and j Cole right now Amazon,
Speaker 3: So I would say Amazon is well. Google is Drake
Speaker 3: and Amazon is Jacole right now. Both are great to
Speaker 3: have it. If I'm loosen, I want both. I want
Speaker 3: everyone to stop competing about which one is better. It's
Speaker 3: not about which one is better if it's about which
Speaker 3: one you should have in your portfolio, and the answer
Speaker 3: is usually both. Same with real estate, you need business
Speaker 3: media real estate you need long term investing. You need
Speaker 3: short term investing because now in a recession, you need
Speaker 3: as many revenue streams as possible. I remember when I
Speaker 3: said maybe two years ago, you need twenty eight streams
Speaker 3: of revenue and everyone's like, hey, you're crazy. And now
Speaker 3: I'm seeing more entrepreneurs be like, man, I'm up to
Speaker 3: twenty Thank you for telling me, because when this recession hits,
Speaker 3: if you didn't have twelve or thirteen, you're in a
Speaker 3: lot of trouble. So I think Amazon's one of the
Speaker 3: greatest companies ever created. And also historically the retail s
Speaker 3: has been a horrible experience and horrible to invest in.
Speaker 4: They've done an amazing job.
Speaker 5: Shout the cold he's going to cover two K. Really? Yeah,
Speaker 5: you got the cover to k the Dreamers edition, shout
Speaker 5: the Dreamer Wow. So all right, So that's that we
Speaker 5: got them all. Montana, So which one is better?
Speaker 2: And put it in chat? Do you think Fang is better? Things? Lineup?
Speaker 2: Is Meta? Amazon, Apple? Netflix? In Google? Or do you
Speaker 2: think montanas is better with Microsoft, Apple, Tesla, Googlen Video
Speaker 2: and Amazon? Put it put in chat? Put in chat?
Speaker 2: Which one you think is better? Fang or maintaina.
Speaker 5: Yeah, so Montana, they gotta They obviously remove Netflix.
Speaker 2: The big the biggest ones are the Fang has uh
Speaker 2: Meta and they have Netflix, and those are the two Vegas.
Speaker 2: Mantaina has Microsoft, Tesla and the video because Google, Amazon
Speaker 2: and Apple and both yep. So it really comes down
Speaker 2: to Micro, Microsoft, Tesla and in Vidio Video versus Meta
Speaker 2: and Netflix. Who wins?
Speaker 4: Who? Okay, okay, hold up, we're match. What's the line
Speaker 4: up again?
Speaker 3: Because I'm gonna do my uh Stan van Gundy after this,
Speaker 3: all right.
Speaker 5: So yeah, so you're gonna you're gonn You're gonna do
Speaker 5: your Mark Jackson.
Speaker 2: To make it as easy as possible, let's just do
Speaker 2: a three on two because the other the other ones
Speaker 2: already in it. So Microsoft, Tesla and in Video versus
Speaker 2: Meta and uh Netflix.
Speaker 3: Okay, Microsoft would be lebron second year with the heat,
Speaker 3: Tesla would be Janni's and Video would be Luca.
Speaker 5: I'll say job, Okay, I'm good with that. Okay, Okay, Meta.
Speaker 3: Anthony Davis when he's hurt, shout a ad. I want
Speaker 3: a problem about in Chicago right?
Speaker 4: Uh?
Speaker 3: Netflix is John Wall. I love you, John, I want
Speaker 3: a problems. I want them smoke. I love you and
Speaker 3: your family, so about everybody in each town, everybody in DC.
Speaker 3: Let me alone, John, I love you, but used to
Speaker 3: be incredible, but now they're on the down cycle of
Speaker 3: their career. John Sally, please provide me some protection from
Speaker 3: John Wall, please, Charles Barkley, So, yes.
Speaker 2: There you have it. That sounds like a blowout victory
Speaker 2: to me.
Speaker 5: Yeah, I guess I know what's going And listen to.
Speaker 3: Tattoo index no stress, like I keep saying, like investment
Speaker 3: is not hard, and I was having this conversation with Pierre,
Speaker 3: like nothing in life is really complicated. We assume is
Speaker 3: make it complicated because we want to stop the process
Speaker 3: of walking into greatness. This will I always say everything
Speaker 3: about the merchandise you guys create for the fashion line.
Speaker 3: You could have had ninety four more sayings. It's smart
Speaker 3: to just stick with one that works. Too many exkus,
Speaker 3: too many problems. Please put that in check. Vo Vti Apple,
Speaker 3: Microsoft amazing on the crypto side, Bitcoin, Ata Ethereum. Pick
Speaker 3: a dark horse and you're good. The most important thing
Speaker 3: is to reinvest. Like imagine if Earn your leser changed
Speaker 3: the company name every week in Redpan to change the
Speaker 3: name every week, you wouldn't be able.
Speaker 4: To trust it.
Speaker 3: So a lot of times when you're trying to find more,
Speaker 3: more advice, more insight, a different portfolio, because let's be honest,
Speaker 3: if you invest in the vo o Vti Apple, Microsoft
Speaker 3: as scary as it was. If you invested in the Apple,
Speaker 3: Apple is close to getting back to it's all time
Speaker 3: Highcrosoft is setting the world on fire, and we brought
Speaker 3: you this strategy and mentioned Microsoft Tesla and Video AMD
Speaker 3: way before these other analysts.
Speaker 2: Did my graduates from my school being forced back drop bags,
Speaker 2: drop Mike, drop back, drop.
Speaker 6: Drop, Coach, the energy out there felt different. What changed
Speaker 6: for the team today?
Speaker 3: It was the new game day scratches from the California
Speaker 3: Lottery players.
Speaker 5: Everything.
Speaker 4: Those games sent the team's energy through the roof.
Speaker 6: Are you saying it was the off field play that
Speaker 6: made the difference on the field.
Speaker 4: Hey, little play makes your day, and today it made
Speaker 4: the game. That's all for now, Coach.
Speaker 3: One more question.
Speaker 8: Played the new Los Angeles Chargers, San Francisco forty nine
Speaker 8: Ers and Los Angeles Rams scratchers from the California Lottery.
Speaker 8: A little play can make your day.
Speaker 3: Peace.
Speaker 8: Responsible to be eighteen years or older to purchase plate
Speaker 8: or claim