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Speaker 1: Hi Brian, Hi Katie, and hello everyone out there in

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Speaker 1: podcast land. So, Brian, guess how I started my morning? Uh?

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Speaker 1: The usual pilates and a Hi Colonic, and I didn't

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Speaker 1: take an Instagram picture of my breakfast smoothie. I'm obsessed

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Speaker 1: with stories, though, but I decided to change it up today.

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Speaker 1: So I hopped out of bed and jumped into an

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Speaker 1: ice cold plunge pool. I find that a little hard

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Speaker 1: to play. I'm a different woman altogether. Actually I didn't

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Speaker 1: do this listeners, But you know who does jump into

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Speaker 1: ice cold water every single morning? Well? He told us

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Speaker 1: our guest, Tony Robin. That's right. He starts every day

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Speaker 1: with a literal splash. It's part of his strict morning

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Speaker 1: routine and he swears by it. Yeah, I'm not so surprised.

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Speaker 1: I mean, Tony, If I'm a man, Tony is like

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Speaker 1: ten times a man. He's a superman, and he's also

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Speaker 1: kind of what i'd call a force of nature. He's

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Speaker 1: certainly a go go go kind of guy for sure.

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Speaker 1: Not only is he a best selling author, motivational speaker, entrepreneur,

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Speaker 1: and philanthropist, he's also coached CEO celebrities like Richard Branson,

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Speaker 1: and Serena Williams, and even presidents of the United States.

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Speaker 1: In fact, in our conversation with Tony, we talked about

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Speaker 1: his work with President Clinton at the height of his

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Speaker 1: impeachment scandal. Has a reminder. This month, we're on a

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Speaker 1: little summer break, so we're revisiting some of our favorite

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Speaker 1: conversations from the podcast Vaults, very heavily guarded vaults. Anyway,

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Speaker 1: our conversation with Tony was one of our most popular

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Speaker 1: episodes ever, and I'm really not surprised because he's a

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Speaker 1: captivating speaker. People flocked by the thousands and thousands to

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Speaker 1: listen to his seminars. By the way, Tony is a

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Speaker 1: very enthusiastic guy, so if you hear a sound, you're

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Speaker 1: not crazy. Those are Tony's hands slamming the table for

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Speaker 1: emphasis with the force that I couldn't muster if I tried.

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Speaker 1: And those are some big hands that Tony Robbins has.

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Speaker 1: But that's another subject there. I asked Tony to describe

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Speaker 1: himself in his own words. I'm a you know, I'm

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Speaker 1: a peak performance coach. I'm a consultant for people, but

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Speaker 1: you know, I'm also an entrepreneur and philanthropist. You know,

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Speaker 1: big part of my life today is besides helping people

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Speaker 1: and events and things of that nature, I have thirty

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Speaker 1: one companies, so they're in very different industries. You know,

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Speaker 1: I'm everything from I have a unique opportunity to do

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Speaker 1: some some of the best stem cell work in the world.

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Speaker 1: While simultaneously we've got virtual reality, the exclusive with the NBA,

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Speaker 1: so you know, you see Monday Night Football, We're having

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Speaker 1: Tuesday Night NBA. We have the exclusive with Live Nation,

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Speaker 1: so we have I have about twelve hundred employees across

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Speaker 1: four continents. We do five billion in sales each year.

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Speaker 1: And then I have my day job, which is about

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Speaker 1: of my time because I love it so much, which

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Speaker 1: is helping people improve their lives. And then philanthropy wise,

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Speaker 1: you know, I'm feeding a hundred million people a year now.

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Speaker 1: I've done that for two years in a row. I'm

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Speaker 1: gonna feed a billion people over the next eight years

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Speaker 1: and it's not gonna I'm such a good guy. It's

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Speaker 1: just when I was eleven years old, we had no

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Speaker 1: money and no food on Thanksgiving and a man came

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Speaker 1: to the door and delivered food and my father did

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Speaker 1: not respond well to it, but I did my Dad

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Speaker 1: always said, strangers don't care. And I think the biggest

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Speaker 1: impact for me was not just that there was food,

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Speaker 1: but the fact that I had evidence of strangers cared

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Speaker 1: about my family and made me. It shifted me to

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Speaker 1: really care about strangers. So I promised myself I'd feed people,

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Speaker 1: and I got to seventeen. I've had two families in

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Speaker 1: the next year, four and eventually got to a million,

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Speaker 1: two million, And I've had four million people a year

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Speaker 1: for about eight years, and then two million myself and

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Speaker 1: two millions through my foundation. Because I thought I had

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Speaker 1: forty two million in a lifetime. What if I had

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Speaker 1: fifty million this year? And then I got excited, made

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Speaker 1: a hundred million, and I got Feeding America to be

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Speaker 1: my partner, and they deliver. I mean, their efficiency is amazing.

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Speaker 1: So we've partnered, so we're gonna feed a billion people,

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Speaker 1: and then the numbers were getting should provide an ongoing

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Speaker 1: hundred million new meals per year ongoing from there on.

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Speaker 1: Can I just say I give up? I feel so

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Speaker 1: lazy and useless after just hearing that, I think we

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Speaker 1: should just Wow, this is really impressive. Now, you talked

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Speaker 1: about growing up in a tough environment and you did.

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Speaker 1: Your dad left, as I understand, when you were very

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Speaker 1: had four fathers, Yes, they all left. Your mom was

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Speaker 1: quite abusive. In fact, you left home when you were

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Speaker 1: seventeen when your mom came after you with a knife.

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Speaker 1: Can you describe how that upbringing kind of shaped the

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Speaker 1: man you've become since then? I never talked about my

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Speaker 1: mom when she's alive. I didn't, you know. I still

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Speaker 1: love her to this day. She she had been the

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Speaker 1: mother that I wanted her to be, I wouldn't be

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Speaker 1: the man I'm proud to be because the fact that

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Speaker 1: I suffered so much, I mean she would. She was

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Speaker 1: addicted to you know, prescription drugs and alcohol, and the

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Speaker 1: mixed is not a good mix. And she got very violent.

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Speaker 1: And I have a younger brother and younger sister five

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Speaker 1: and seven years younger. So for me, I had to

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Speaker 1: become a practical psychologist just to figure out to keep

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Speaker 1: her in control, not hurt them much less hurt me.

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Speaker 1: And so I really really grew as a result of that.

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Speaker 1: I mean, I have suffered so much that I don't

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Speaker 1: want to see any human suffer. And I became obsessed

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Speaker 1: with finding answers to how to help people and their suffering,

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Speaker 1: how to have them have the beauty that they want

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Speaker 1: for their life. And it just turned into a forty

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Speaker 1: year enterprise. Uh, you know, and I've had the privilege

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Speaker 1: of living in a time where you know, I go

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Speaker 1: to twelve thirteen countries a year, I see a quarter

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Speaker 1: of a million people live. I mean, you couldn't have

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Speaker 1: done that, you know, fifty years ago, you know, Tony,

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Speaker 1: you know, I think that kind of childhood experience would

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Speaker 1: have destroyed so many people. What was it about you

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Speaker 1: and about sort of your psyche, your constitution, your outlook

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Speaker 1: on life that you were able to turn it into

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Speaker 1: something so positive. I'm sure you've examined that. I have.

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Speaker 1: I think that what saved me was reading my I

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Speaker 1: early in my life I got exposed to personal improvement

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Speaker 1: and personal development, and I took a speed reading class,

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Speaker 1: and I promised myself I'd read a book of dad

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Speaker 1: and do that. But I read seven hundred books in

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Speaker 1: seven years and they're all psychology, physiology, anything that could

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Speaker 1: improve the quality of life. And so because I was

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Speaker 1: feeding my mind so much, I think that really gave it.

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Speaker 1: The other part was I just love people, and so

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Speaker 1: you know, I love my brother and sister. To start with,

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Speaker 1: I just want to help them. But by the time

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Speaker 1: I was in high school, I would I had so

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Speaker 1: many answers. I was, Mr Lucian, you have a problem,

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Speaker 1: especially if you're a girl. I was highly to help

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Speaker 1: you get over that stupid boy in your life. Either

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Speaker 1: you were. I have such strong memories as a kid

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Speaker 1: watching your infomercials on TV. That's how I first got

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Speaker 1: introduced to you. That's Brian's way of reminding us how

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Speaker 1: young he is. I'm not so young. I'm practically middle

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Speaker 1: aged now, but practically but but the point is, I

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Speaker 1: think a lot of people who may have gotten introduced

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Speaker 1: to you that way don't know that you've become this

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Speaker 1: advisor to CEOs like Mark Bennie Off and Paul Tutor Jones,

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Speaker 1: that you've advised Richard Branson, Steve Wins, Serena Williams, pat

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Speaker 1: Riley on and on. How is your career kind of

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Speaker 1: gone from you know, TV self improvement guru to advisor

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Speaker 1: to the CEO stars. Well, I was always even early

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Speaker 1: my life. Quite frankly, I was a young kid, but

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Speaker 1: I had unique insights because I had loaded my brain.

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Speaker 1: You know, I'd gone for so many answers that I

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Speaker 1: had them. I didn't have all the life experience yet,

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Speaker 1: but I had this incredible passion to help people, and

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Speaker 1: so it allowed me at early age, I was turning around.

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Speaker 1: You know, when I was gosh hose, I was twenty

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Speaker 1: let's say the eighteen nineteen nineteen, twenty years old. I

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Speaker 1: was turning around Olympic athletes. Twenty four. I turned around

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Speaker 1: Andrea Agassi when he'd been number one and dropped to

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Speaker 1: twenty nine, and got him back to number one, and

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Speaker 1: he gave me enormous credit. Maybe too much, maybe not,

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Speaker 1: but I helped him turn around either, I'm grateful. And

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Speaker 1: then you know when I got to the President Clinton

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Speaker 1: at that stage, and mother Teresa and Nelson Mandela at

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Speaker 1: the game. Yeah, no, I have a name dropping because

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Speaker 1: they were just incredible human beings that I got the

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Speaker 1: privilege to coach. I was pinching myself, but I also

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Speaker 1: wasn't stupid enough to only coach them. I was learning

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Speaker 1: from them. So for forty years I've not just been

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Speaker 1: coaching others thinking I got all the answers. I've been

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Speaker 1: sucking the juice out of the brains of the smartest

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Speaker 1: people I can find and most heartfelt people I could

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Speaker 1: find doing the same thing I did with the financial

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Speaker 1: And I said, if I want to, really, I've taught

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Speaker 1: this for years, but I was so angry what happened

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Speaker 1: in two thousand eight and that no one paid a

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Speaker 1: price for it that by I said, I got to

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Speaker 1: use my skill. I've got. I have this unique gift

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Speaker 1: I've coached Paul Tutor Jones for at that point, I

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Speaker 1: think twenty years and twenty four years and now one

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Speaker 1: of the leading investment managers. When to uv A with me?

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Speaker 1: And I asked him after many years after we graduated, Hey, Paul,

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Speaker 1: where were you when I was at u v A thinking,

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Speaker 1: you know, that would have been a nice person to

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Speaker 1: hook up with it you know what I'm saying. And

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Speaker 1: he said, he said to me, I was probably drunk,

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Speaker 1: And I said, no, wonder we didn't meet. But anyway,

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Speaker 1: continue well, Paul, as you know, as a gift to

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Speaker 1: this country and a gift to the city for sure.

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Speaker 1: With Robin Hood and albody's done. And I've learned so

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Speaker 1: much from him. But but that's really what I've tried

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Speaker 1: to do along the way, as I've tried to learn

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Speaker 1: by other people's experiences because you know, in business, other

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Speaker 1: people's money is leverage. I think what's much more valuable

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Speaker 1: in other people's money is other people's experience. When that

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Speaker 1: other person's experiences dynamic and extraordinary, you know, it's wild.

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Speaker 1: So really, in helping them, they're helping you. They all

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Speaker 1: tell about Tony changed my life, saved my life. You know,

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Speaker 1: you bring Mark any off some of my dearest friends.

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Speaker 1: And I can remember Mark coming up to me after

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Speaker 1: attending three seminars. Are aw, he's hard to miss. He's

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Speaker 1: standing in the front row. He's as big as I am. Right,

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Speaker 1: he comes up and shakes my hand. He goes, this

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Speaker 1: is my third seminar. I said, yeah, I know, he says.

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Speaker 1: He goes, you just convinced me. You finally pushed me

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Speaker 1: off the edge. He he says, I'm I'm leaving my

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Speaker 1: job and I'm gonna start this new company called Salesforce

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Speaker 1: dot com, and we're gonna change the business world, and

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Speaker 1: you're gonna remember, and you're gonna come on the journey

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Speaker 1: with me. And he goes, and I'll everybody he looked

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Speaker 1: at me. He goes, Mark my words, we're gonna do

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Speaker 1: a hundred million dollars in business. Of course it's gonna

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Speaker 1: do ten billion this year, right, So it's just a

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Speaker 1: fun journey to see. But he says, if this is

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Speaker 1: my favorite quote because it certainly serves me, goes around

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Speaker 1: and tells everybody Salesforce wouldn't exist if it wasn't for

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Speaker 1: Tony Robbins. That's bullshit. But I really like that he

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Speaker 1: sets it. But I think what people may have trouble

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Speaker 1: understanding is, you know, you're sitting down with President Bill

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Speaker 1: Clinton during the height or the depths of the Lewinsky scandal,

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Speaker 1: and he's looking to you for advice. What can you

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Speaker 1: tell him that he doesn't already know the truth? Um,

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Speaker 1: I was with Peter Goober. I don't know if you

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Speaker 1: know Peter owns the Udgers and the Golden State Warriors

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Speaker 1: and a dear friend. No, but his partner dated confused

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Speaker 1: the two. We don't want to spread that rumor you

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Speaker 1: can get in trouble his wife. But I was at

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Speaker 1: Peter's house that was you spend every Christmas with him

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Speaker 1: and askemen. And he calls me and says, presidents on

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Speaker 1: the line. So what So I got a line? The

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Speaker 1: President said, you know, I've had ten people tell me

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Speaker 1: that right now I'm going through a tough time, you're

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Speaker 1: the right guy. Would you come to Camp David and

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Speaker 1: spend the weekend and talk with me? And I said,

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Speaker 1: I can't come for the weekend and come for the

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Speaker 1: day because this holiday I gotta be with my family.

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Speaker 1: But I said, I just want you to know I'm

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Speaker 1: not a fan. And Peter, I'll never get Peter's face.

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Speaker 1: I said, I'm completely respectful. It would be a privilege

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Speaker 1: to serve you. But if you're looking for someone who's

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Speaker 1: going to tell you what you want to hear, I'm

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Speaker 1: the wrong guy. And there's a long pause, and then

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Speaker 1: President Clinton said, I like that. I'm looking for something.

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Speaker 1: I'm not looking to be told what I believe. I said, great,

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Speaker 1: then I'm happy to come. I have the phone. And

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Speaker 1: Peter said, you just told the President of State you're

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Speaker 1: not his fan. Have to invite you come? What the

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Speaker 1: how's the matter with you? You know? So I went

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Speaker 1: met the President and developed a real great friendship. But

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Speaker 1: I can remember after the Blue Dress, we were an

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Speaker 1: aspen together and going down the Red Mountain if you

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Speaker 1: know that area, you know, and it's snowy and there's

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Speaker 1: it's surreal. You know, the President's motorcade in the middle

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Speaker 1: of the night, going down this icy mountaintop and he

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Speaker 1: said to me, goes, he said, you know, god, I'd

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Speaker 1: run again if I could. And I was like, dude,

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Speaker 1: if I were you, I'd get the hell out of

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Speaker 1: dodge us teasing him, and he goes, no, Tony, what

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Speaker 1: am I gonna do with the rest of my life?

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Speaker 1: I'm fifty or fifty one whatever he was at the time,

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Speaker 1: and h it's kind of crazy now because I just

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Speaker 1: saw him last weekend and just to see what he's

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Speaker 1: done with his life. I know he's obviously massively disappointed

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Speaker 1: what happened in the election, but to see what he's

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Speaker 1: done out of office is truly inspiring. It's inspiring that

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Speaker 1: you can't imagine. But to address what you said, I

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Speaker 1: was thirty one and I'm advising the President United States.

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Speaker 1: It's kind of trippy. I'm you know, a deer went

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Speaker 1: running by. It's in the middle of the snow, and

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Speaker 1: the President's telling me how bad the media is. It's

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Speaker 1: so funny. You see him telling me at that time

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Speaker 1: and they don't listen, and you know, he's the first

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Speaker 1: president that doesn't have an external enemy, so now everybody's

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Speaker 1: turning internally, was his view. I remember thinking, this guy's

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Speaker 1: president United States and he's whining, and it's like, I

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Speaker 1: guess we all whine at times. And I got to

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Speaker 1: figure out what to do to help this man and

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Speaker 1: term relationship. Well. I don't talk about what I do

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Speaker 1: with people unless they talk about it publicly. Something I

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Speaker 1: can tell you is one day, one of the more

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Speaker 1: interesting calls I got can call me. One day I

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Speaker 1: was at my office, people paid me and I get

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Speaker 1: him the phone and he says, they're gonna impeach me

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Speaker 1: in the morning. What should I do? And I'm like, first,

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Speaker 1: could you have called me sooner? Yes, tomorrow morning, right?

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Speaker 1: And I said, that's the wrong question. And the question

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Speaker 1: you got to ask is what do you really want?

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Speaker 1: Because what to do is based on the outcome you're after.

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Speaker 1: If you want to stay in office, do nothing because

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Speaker 1: the Senate's not gonna impeach you. Easy for me to say,

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Speaker 1: I'm not the president under pressure, but you know as

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Speaker 1: well as I do, they're not gonna teach you. I said,

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Speaker 1: so you can do nothing if you want to be

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Speaker 1: respected then by American people, by children, by parents. Then

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Speaker 1: I said, I know you're not gonna put yourself You're

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Speaker 1: a lawyer, You're not gonna put yourself in jail. But

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Speaker 1: you've got to communicate with more clarity about what's really

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Speaker 1: going on and take responsibility for the things that were

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Speaker 1: a mess up. And I had this moment where he said,

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Speaker 1: you're so right, You're so right. So I'm so glad

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Speaker 1: I called you, So I'll call you back. I'm gonna

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Speaker 1: call you back in forty five minutes, and I thought,

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Speaker 1: holy shit, I'd influenced the president move in the right direction,

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Speaker 1: right what I could ser the right direction. And then

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Speaker 1: his secretary called me about thirty minutes later. He's still

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Speaker 1: with the group, but he wants to know he's focused

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Speaker 1: on it. In about three hours called at a time

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Speaker 1: at four hours later, he was stadding, with all the Democrats,

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Speaker 1: you know, and they're saying, you know, this is all

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Speaker 1: bullshit and we're going to fight this thing. But so

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Speaker 1: I've had some wild rides. I've had a chance to

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Speaker 1: sit down with Mr Gorbachoff, you know, right after you know,

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Speaker 1: he was taken out of office, and spend time and

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Speaker 1: bring him. I've I've had a ticket to history and

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Speaker 1: it's been an incredible privilege and I've learned so much

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Speaker 1: and I try to take that make it practical for

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Speaker 1: the average person so they can prove their life or

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Speaker 1: you know, the leader that calls when it's time to

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Speaker 1: inter the intervene. Just on the on the President Clinton front.

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Speaker 1: You got to know Hillary Clinton well as well? Have

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Speaker 1: you Trump as well? Yeah, well we'll get to that

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Speaker 1: in a moment. But one of the things I thought

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Speaker 1: about was Monica Lewinsky. I saw her not long ago

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Speaker 1: in Los Angeles, and I always felt that she had

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Speaker 1: I mean, I was going to say she got the

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Speaker 1: short end of the stick, and then I just realized

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Speaker 1: that I'm sorry that I was searching. I was searching

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Speaker 1: Alec Baldwin and Donald Trump apression so unfairly and I,

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Speaker 1: you know, and and so villainized, and she was. You know,

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Speaker 1: I have a daughter who's twenty one years old, Tony,

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Speaker 1: and I think about she, Well, you know, she's a kid,

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Speaker 1: she's a college girl, and I felt like she was

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Speaker 1: she made a mistake but also taking advantage of in

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Speaker 1: a very serious way. Did you ever think about her

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Speaker 1: or reaching out to her? Actually, um, I've reached out

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Speaker 1: all the time when something there like I reached out

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Speaker 1: to Tiger Woods. Actually, probably a dozen people reached out

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Speaker 1: for me to Tiger Woods, but he got in motors

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Speaker 1: like I don't want to help, and he didn't do it.

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Speaker 1: So Um, as far as her, I didn't reach out

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Speaker 1: her directly, but I always let people know that I'm available,

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Speaker 1: and I work with people on both sides of the aisle.

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Speaker 1: I'm an independent personally. I worked with whoever I think

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Speaker 1: is a great leader. Um, but you know she's the

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Speaker 1: kind of person if you know her and want to

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Speaker 1: invite her. I'm doing an event. I think she's based

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Speaker 1: in l A now is and she years if she

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Speaker 1: wants to come, I'm doing one for ten thousand people

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Speaker 1: in two weeks and she could come as our guests

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Speaker 1: and would blow her mind. I can promise you that.

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Speaker 1: So if she wants, if you want invite her as

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Speaker 1: my guests, will do it. But it's interesting, europe psychology expert,

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Speaker 1: you're clearly really great at leadership coaching, but you never

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Speaker 1: went to college. There's no formal training for this. You

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Speaker 1: said you've learned from the people with whom you've had

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Speaker 1: these discussions, But what do you think you offer. What

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Speaker 1: is the value add when somebody's sitting across the table

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Speaker 1: from you besides telling them the truth? Well, I'm I've

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Speaker 1: spent forty years now at this stage where I've gotten

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Speaker 1: the call and I got to produce the result. Now,

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Speaker 1: Serena Williams is melting down on national television. What do

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Speaker 1: I do? She's gone through all these problems turn around

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Speaker 1: right now? Um, you know kid is suicidal. Knock on wood.

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Speaker 1: I've never lost one suicide in forty years out of thousands.

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Speaker 1: So my whole approach has been how do I just

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Speaker 1: really deliver results for people? And what every area it

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Speaker 1: is to be sports or would be business. And you know,

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Speaker 1: I've been obsessed with finding principles that are the best

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Speaker 1: principles from find like somebody's been together twenty five years

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Speaker 1: and they're still passionate for each other, not just hanging out.

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Speaker 1: They're not lucky. They do things differently than other people.

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Speaker 1: If you're fit and you've stayed fit for thirty years,

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Speaker 1: you're not lucky. You're doing something different. If you're financially

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Speaker 1: set and you've started with nothing and you've built it that,

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Speaker 1: you're not lucky. You did something different. So I codify

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Speaker 1: what that difference is, but then I put it into

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Speaker 1: a delivery system that's so enjoyable that you love while

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Speaker 1: you're learning, and so as a result, you tend to

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Speaker 1: really apply it because there's more emotion to it. You know,

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Speaker 1: information without emotions not retained. If I said, do you

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Speaker 1: remember where you were on nine eleven? Everybody in this country,

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Speaker 1: in fact, most countries know where they were when they

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Speaker 1: heard it. They can describe where they were, who was around,

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Speaker 1: and what they saw. But I asked you where you

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Speaker 1: were on eight eleven, you have no clue because information

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Speaker 1: without emotion is not retained. What I do is I

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Speaker 1: put people in states, psychological emotional states where what they

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Speaker 1: learned they feel it, they embed it, they experience it,

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Speaker 1: and they live it. And because they live it, they

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Speaker 1: get results. And then that's grown my brand and reputation

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Speaker 1: for fourty years. You're also almost telepathic, you know, I

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Speaker 1: watched the documentary, and when you have a huge crowd

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Speaker 1: of people, you can almost you do feel them. You

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Speaker 1: can zero in on the person who really seems to

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Speaker 1: need your help. It's almost like the Long Island medium

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Speaker 1: was shorter nails. How you do that? How do you

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Speaker 1: do that, well, I'm extremely empathetic and and if you

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Speaker 1: know anything about the human brain, we have these things

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Speaker 1: called mirror neurons, whereas if you're sitting there and you

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Speaker 1: watch somebody going rowing by, and you keep watching them,

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Speaker 1: your brain will actually start to do their rowing in

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Speaker 1: your nervous system, right, And the more empathetic you are,

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Speaker 1: the more your mirror neurons tend to turn on. So

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Speaker 1: mine are highly developed for forty years to enter someone's

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Speaker 1: world rapidly feel who they are. And then I have

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Speaker 1: so many you know, there's only so many patterns, right,

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Speaker 1: There's there's only so many ways. We're the only creatures

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Speaker 1: on earth that can make ourselves angry with one thought,

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Speaker 1: happy with another, piste off another, excited with another. And

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Speaker 1: so I've studied the system of how the brain works,

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Speaker 1: and so there are not unlimited differences, and so I

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Speaker 1: know what to do. There's only so many patterns. But

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Speaker 1: I do it different every time because it's more enjoyable.

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Speaker 1: It's like a piece of art when somebody stands up,

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Speaker 1: it's done. I know it's done. Now let's just see

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Speaker 1: how it shows up and be different every time. Now,

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Speaker 1: not to be a bitchy skeptic. But you know, I

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Speaker 1: would say that most of the people who come to

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Speaker 1: your seminars Tony are searching for something, are needing something,

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Speaker 1: or unhappy in some way, shape or form. Right, And

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Speaker 1: and the one I was describing the documentary was your

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Speaker 1: six day Date with Destiny seminar you've had, you know,

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Speaker 1: you do dozens of them. I mean how many of

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Speaker 1: you done, like eighty of them or seventy nine of

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Speaker 1: them or something, you know, through the course of your career.

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Speaker 1: So isn't it safe to say that anybody in that

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Speaker 1: audience is hurting? Well, no, not necessarily. You'd be surprised.

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Speaker 1: People come from two extremes. They come because they're the

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Speaker 1: best in the world of what they do. I mean,

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Speaker 1: Pitball is not hurting, you know, and he's you know,

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Speaker 1: I'm constantly interacting in supporting what he's doing. Right, Uh,

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Speaker 1: Hugh Jackman is not hurting. Serena is not hurting. So

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Speaker 1: it's finding what people need and what people who come

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Speaker 1: to see me are hungry. So you're right. Some are

425
00:19:05,600 --> 00:19:08,080
Speaker 1: hungry because of pain. They had a birthday with a zero,

426
00:19:08,160 --> 00:19:10,600
Speaker 1: they went through a divorce, their kids have grown up. Um,

427
00:19:10,960 --> 00:19:12,919
Speaker 1: you know, they have been at the same business for

428
00:19:12,920 --> 00:19:15,760
Speaker 1: twenty years. They made million dollars and their board out

429
00:19:15,760 --> 00:19:19,560
Speaker 1: of their mind. They want something more. Right, someone wants

430
00:19:19,560 --> 00:19:21,120
Speaker 1: something more, they're gonna come see me. But then there's

431
00:19:21,119 --> 00:19:23,160
Speaker 1: the whole class of people, which is a huge chunk,

432
00:19:23,440 --> 00:19:25,399
Speaker 1: which are the best in the world that are looking

433
00:19:25,480 --> 00:19:28,200
Speaker 1: for they know one little distinction. You know, I'm going

434
00:19:28,240 --> 00:19:30,480
Speaker 1: this direction. I make a ten degree shift, and you

435
00:19:30,520 --> 00:19:32,040
Speaker 1: take that in a month and now six and months,

436
00:19:32,080 --> 00:19:34,479
Speaker 1: and now you have a different destination, different destiny. So

437
00:19:34,520 --> 00:19:36,080
Speaker 1: I get people that are hungry. If you're in the

438
00:19:36,160 --> 00:19:38,760
Speaker 1: lukewarm middle where you're not happy but you're not unhappy

439
00:19:38,840 --> 00:19:40,520
Speaker 1: enough doingth about it, you're never gonna come see me.

440
00:19:41,000 --> 00:19:42,720
Speaker 1: But if you're the best in the world, you'll talk

441
00:19:42,720 --> 00:19:44,359
Speaker 1: to the other best and I'll say Tony did this

442
00:19:44,440 --> 00:19:46,760
Speaker 1: for me, and you'll call me. Or if you're the

443
00:19:46,760 --> 00:19:49,719
Speaker 1: best or not the best, but you're really challenged, you're

444
00:19:49,720 --> 00:19:51,399
Speaker 1: gonna look for answers. And I'm gonna be one of

445
00:19:51,440 --> 00:19:54,280
Speaker 1: those people eventually, just because I've been in the culture

446
00:19:54,320 --> 00:19:56,879
Speaker 1: doing this for forty years. So if I wanted to

447
00:19:56,920 --> 00:20:00,000
Speaker 1: come you are very expensive. If I wanted to come

448
00:20:00,080 --> 00:20:02,360
Speaker 1: um and have a one on one session, Brian, I'd

449
00:20:02,400 --> 00:20:03,920
Speaker 1: like to talk to you about me be getting together

450
00:20:03,960 --> 00:20:07,840
Speaker 1: with Actually I think I could get together with Tony,

451
00:20:07,920 --> 00:20:10,120
Speaker 1: but he's too expensive and I'm too cheap. We should

452
00:20:10,160 --> 00:20:12,959
Speaker 1: talk about this because so you charged a million dollars

453
00:20:13,119 --> 00:20:19,240
Speaker 1: and they had a percentage of whatever side in their business. Yeah, geez, Louise,

454
00:20:19,400 --> 00:20:23,000
Speaker 1: no wonder. You're feeding so many hungry people. You can

455
00:20:23,119 --> 00:20:25,080
Speaker 1: only coach so many people one on one to give

456
00:20:25,119 --> 00:20:27,600
Speaker 1: you agree. I used to do. I used to do

457
00:20:27,640 --> 00:20:30,000
Speaker 1: my Magnificence seven and then I stopped doing it because

458
00:20:30,000 --> 00:20:31,520
Speaker 1: the demands are just so high and I have to

459
00:20:31,640 --> 00:20:33,240
Speaker 1: you know, I want to over deliver always, and I

460
00:20:33,320 --> 00:20:35,200
Speaker 1: just not enough hours in the day. So now I

461
00:20:35,280 --> 00:20:38,120
Speaker 1: do too, sometimes three at a time max. But Paul

462
00:20:38,200 --> 00:20:41,200
Speaker 1: Tutor has been one of my clients for twenty four years.

463
00:20:41,520 --> 00:20:46,440
Speaker 1: So I four million dollars. Maybe maybe it was more,

464
00:20:48,760 --> 00:20:51,560
Speaker 1: but he's but he's also made billions and billions of dollars.

465
00:20:51,560 --> 00:20:53,919
Speaker 1: I mean, several times along the way, I've said, damn, look,

466
00:20:53,960 --> 00:20:55,800
Speaker 1: policy we're such dear friends. I said, I don't need

467
00:20:55,800 --> 00:20:57,199
Speaker 1: this for you anymore. I know what you're gonna do.

468
00:20:57,200 --> 00:20:58,879
Speaker 1: When you're gonna do it, you knew it too, and

469
00:20:58,880 --> 00:21:00,359
Speaker 1: he looks at me and says, are you kid your

470
00:21:00,359 --> 00:21:02,919
Speaker 1: my insurance policy? Just know when you're going to show up.

471
00:21:02,960 --> 00:21:04,879
Speaker 1: I do all this stuff. I knew I should have

472
00:21:04,960 --> 00:21:09,320
Speaker 1: dated him in college. Well, we're going to take a

473
00:21:09,400 --> 00:21:11,159
Speaker 1: quick break and when we come back, we're going to

474
00:21:11,280 --> 00:21:16,360
Speaker 1: talk to you about leadership and our fearless leader. Or

475
00:21:16,400 --> 00:21:18,360
Speaker 1: I don't know, is that the right way to describe

476
00:21:18,359 --> 00:21:21,440
Speaker 1: Donald Trump? These days, we'll hear from Tony Robbins about

477
00:21:21,440 --> 00:21:29,040
Speaker 1: Donald Trump right after this, Katie. When it comes to

478
00:21:29,080 --> 00:21:31,800
Speaker 1: email marketing, there's so much more that goes into creating

479
00:21:31,880 --> 00:21:34,600
Speaker 1: smart and effective campaigns than what meets the eye, and

480
00:21:34,640 --> 00:21:37,760
Speaker 1: that's why campaign Monitor created an easy to use email

481
00:21:37,800 --> 00:21:41,280
Speaker 1: marketing platform complete with simple Dragon drop email editor and

482
00:21:41,359 --> 00:21:45,960
Speaker 1: award winning customer service. Campaign Monitor gives you everything you

483
00:21:46,040 --> 00:21:49,800
Speaker 1: need to run beautifully designed, professional email marketing campaigns to

484
00:21:49,840 --> 00:21:53,560
Speaker 1: grow your business. With their gallery of beautiful, professionally design

485
00:21:53,640 --> 00:21:57,280
Speaker 1: email templates, all of which look amazing on every device,

486
00:21:57,560 --> 00:22:00,359
Speaker 1: you're bound to find something that will make your brand pop.

487
00:22:00,480 --> 00:22:04,080
Speaker 1: And since campaign monitor uses to tail lists and smart segments,

488
00:22:04,400 --> 00:22:07,600
Speaker 1: your messages instantly drive more engagement and that is the

489
00:22:07,680 --> 00:22:09,560
Speaker 1: name of the game. No wonder it's used by more

490
00:22:09,600 --> 00:22:13,479
Speaker 1: than two hundred fifty thousand businesses worldwide, which is, as

491
00:22:13,560 --> 00:22:17,000
Speaker 1: Katie said, a lot of businesses. And it's rated highest

492
00:22:17,000 --> 00:22:21,800
Speaker 1: and customer satisfaction among major email marketing software vendors. To

493
00:22:21,840 --> 00:22:25,600
Speaker 1: start building smart and beautiful email newsletters today, try campaign

494
00:22:25,600 --> 00:22:29,960
Speaker 1: Monitor for free at campaign monitor dot com. Again, that's

495
00:22:30,000 --> 00:22:39,040
Speaker 1: campaign monitor dot com. We're back with Tony Robbins, who

496
00:22:39,080 --> 00:22:41,159
Speaker 1: has I think you're the male brend of a car. Oh,

497
00:22:41,240 --> 00:22:45,119
Speaker 1: you've got such a raspy voice, is it? Is it always? So?

498
00:22:45,400 --> 00:22:47,720
Speaker 1: Of course a lot of our listeners won't remember brend

499
00:22:47,720 --> 00:22:50,680
Speaker 1: of a car. She did a Tampax commercial and I'm

500
00:22:50,680 --> 00:22:53,680
Speaker 1: being compared to a Tampa ex commercial. I feel very

501
00:22:53,840 --> 00:22:56,639
Speaker 1: raspy voice. I think it's important to know the facts

502
00:22:56,680 --> 00:22:59,280
Speaker 1: about dampons, to use them intelligently, and to know what

503
00:22:59,320 --> 00:23:02,800
Speaker 1: you're doing. Let me tell you why I like yes,

504
00:23:02,840 --> 00:23:06,879
Speaker 1: because I speak fifty hours. Is I actually went to

505
00:23:06,960 --> 00:23:09,720
Speaker 1: a expert at Harvard who's worked with Aarri Smith and

506
00:23:09,760 --> 00:23:11,760
Speaker 1: all these guys. He's probably the best expert in the country.

507
00:23:11,800 --> 00:23:14,159
Speaker 1: I'll never get he has his He asked me how

508
00:23:14,280 --> 00:23:15,720
Speaker 1: when I speak, and I told him. He thought I

509
00:23:15,760 --> 00:23:17,520
Speaker 1: was making it up. He goes, no one speaks for

510
00:23:17,560 --> 00:23:19,480
Speaker 1: twelve hours. No one will sit through with twelve hours.

511
00:23:19,880 --> 00:23:21,600
Speaker 1: I said, well, now I get ten thousand people at

512
00:23:21,600 --> 00:23:23,520
Speaker 1: the time to do it. So he Ben puts me

513
00:23:23,600 --> 00:23:26,480
Speaker 1: under the scope and he literally says, I got the

514
00:23:26,520 --> 00:23:30,320
Speaker 1: thing down my throat. I can't speak. He's like, no, no.

515
00:23:30,800 --> 00:23:32,640
Speaker 1: He leaves the room with the thing in my throat

516
00:23:32,640 --> 00:23:35,480
Speaker 1: and trying to say something. He walks in with three

517
00:23:35,560 --> 00:23:38,320
Speaker 1: doctors five minutes later and they all stare, no, no,

518
00:23:39,320 --> 00:23:42,240
Speaker 1: that's yeah. So if I pull it out, like, what's

519
00:23:42,280 --> 00:23:45,440
Speaker 1: the no, he goes, your um, you are what he

520
00:23:45,440 --> 00:23:47,320
Speaker 1: called vocal cords are supposed to be the thickness of

521
00:23:47,320 --> 00:23:49,840
Speaker 1: your lips. Yours are thinner than this piece of paper.

522
00:23:50,359 --> 00:23:52,040
Speaker 1: He said, there's no way you should be able to

523
00:23:52,080 --> 00:23:55,080
Speaker 1: actually speak. It should be impossible for you to speak.

524
00:23:55,080 --> 00:23:58,080
Speaker 1: But he said, you've done something that my forty years

525
00:23:58,119 --> 00:24:00,000
Speaker 1: as a medical doctor expert in this aera would say

526
00:24:00,000 --> 00:24:03,760
Speaker 1: as impossible science, as impossible. You've wired your voice box,

527
00:24:03,840 --> 00:24:07,080
Speaker 1: your false voice box to your normal voice box, and

528
00:24:07,160 --> 00:24:09,680
Speaker 1: that's how you speak. He goes, it's almost that you

529
00:24:09,720 --> 00:24:12,159
Speaker 1: couldn't speak, and you like willed yourself to speak and

530
00:24:12,160 --> 00:24:15,600
Speaker 1: somehow the cells connected and gradually created this train that

531
00:24:15,640 --> 00:24:17,520
Speaker 1: you now can speak. That's all I talk to. Do

532
00:24:17,520 --> 00:24:19,360
Speaker 1: you ever not talk? I mean, do you ever go

533
00:24:19,480 --> 00:24:24,840
Speaker 1: for biet periods? She says? Why aren't you talking to me?

534
00:24:25,160 --> 00:24:29,280
Speaker 1: What's wrong? You're one of those everybody else you're not

535
00:24:29,320 --> 00:24:31,160
Speaker 1: talking to me? You probably get sick of it. I'm

536
00:24:31,160 --> 00:24:34,359
Speaker 1: sure you want to just not like to let your

537
00:24:34,400 --> 00:24:37,400
Speaker 1: voice rest. And someone dore my wife, she's I tease,

538
00:24:37,440 --> 00:24:41,560
Speaker 1: are mercilessly? Mercilessly? No, I I'd like to speak when

539
00:24:41,560 --> 00:24:43,840
Speaker 1: there's something to speak about, and when there's something to

540
00:24:43,840 --> 00:24:45,720
Speaker 1: speak out. I'm not getting up there to talk for

541
00:24:45,760 --> 00:24:47,560
Speaker 1: fifty hours because I want to talk for fifty hours

542
00:24:47,600 --> 00:24:50,080
Speaker 1: because what I do is conditioning. Right, You hear something

543
00:24:50,119 --> 00:24:51,960
Speaker 1: once you understand it, you here a couple of times

544
00:24:51,960 --> 00:24:53,480
Speaker 1: in different ways you might be able to pay it.

545
00:24:53,560 --> 00:24:55,320
Speaker 1: But if I get you where you're wired to do

546
00:24:55,359 --> 00:24:57,919
Speaker 1: it now, you get results. I mean, you get results

547
00:24:57,920 --> 00:24:59,919
Speaker 1: by changing conditioning. You don't get results by just get

548
00:25:00,040 --> 00:25:02,479
Speaker 1: in a new insight. This was your second wife, your

549
00:25:02,520 --> 00:25:05,080
Speaker 1: current I was married for fourteen years before that. I've

550
00:25:05,080 --> 00:25:07,160
Speaker 1: been married eighteen years on this one. And and so

551
00:25:07,320 --> 00:25:11,280
Speaker 1: what did you learn from your first marriage, your partner.

552
00:25:11,480 --> 00:25:12,960
Speaker 1: No one tells you to pick a partner. So she

553
00:25:13,040 --> 00:25:15,200
Speaker 1: was a great lady, but we had so little in common.

554
00:25:15,200 --> 00:25:17,600
Speaker 1: It was just chemistry. And then I fell in love

555
00:25:17,640 --> 00:25:19,679
Speaker 1: with her children. She'd been married twice before me. I

556
00:25:19,720 --> 00:25:22,399
Speaker 1: was her third husband, and she was thirteen years my senior,

557
00:25:22,440 --> 00:25:25,440
Speaker 1: twelve years my senior. So I was, if you can imagine,

558
00:25:25,440 --> 00:25:27,720
Speaker 1: twenty four and instantly had a seventeen year old son

559
00:25:27,840 --> 00:25:30,639
Speaker 1: overnight and eleven year old. Oh that's weird. Youre like

560
00:25:30,720 --> 00:25:34,640
Speaker 1: seven years older than your stepson. He was the Ashton

561
00:25:34,720 --> 00:25:39,720
Speaker 1: Kutcher of his day. He's fifty and I'm fifty seven. Wow. Yeah,

562
00:25:39,800 --> 00:25:43,720
Speaker 1: to give an idea, So I grew up very quickly. Um,

563
00:25:43,760 --> 00:25:45,879
Speaker 1: but I didn't want to lose the kids love. I

564
00:25:45,920 --> 00:25:48,320
Speaker 1: fell so in love with them. She's a good human being,

565
00:25:48,400 --> 00:25:50,680
Speaker 1: but you know, she'd be upset all the time that

566
00:25:50,720 --> 00:25:52,440
Speaker 1: I was stopping to talk to people or help people

567
00:25:52,480 --> 00:25:56,120
Speaker 1: were not much older than you twelve years yeah. So

568
00:25:56,200 --> 00:25:57,760
Speaker 1: but what the beauty is? I end up with all

569
00:25:57,800 --> 00:26:00,199
Speaker 1: my kids and my second youngest is my part in

570
00:26:00,240 --> 00:26:03,000
Speaker 1: several of my financial businesses, you know, and so it's

571
00:26:03,040 --> 00:26:05,119
Speaker 1: a it's a blast at this stage of my life

572
00:26:05,359 --> 00:26:08,120
Speaker 1: that I got to experience all those stages simultaneously. They

573
00:26:08,160 --> 00:26:10,760
Speaker 1: made me grow up and they think increased my ability

574
00:26:10,760 --> 00:26:13,119
Speaker 1: to help other people too. Well, let's let's enough about

575
00:26:13,119 --> 00:26:15,919
Speaker 1: your marriage. Let's talk about Donald Trump. Can speaking of

576
00:26:15,960 --> 00:26:18,399
Speaker 1: things that weren't supposed to be possible, like her vocal

577
00:26:18,440 --> 00:26:22,560
Speaker 1: cords Trump. So, so, how well do you know Donald Trump?

578
00:26:22,840 --> 00:26:26,439
Speaker 1: Pretty well enough that he's called me at various times.

579
00:26:26,640 --> 00:26:29,280
Speaker 1: I gave him his first six speech, I know, not recently,

580
00:26:29,760 --> 00:26:31,399
Speaker 1: I gave him his first big speech. I think you

581
00:26:31,520 --> 00:26:34,199
Speaker 1: might call him, well, sure I can, but he's and

582
00:26:34,240 --> 00:26:35,800
Speaker 1: he's just down the road from here. You don't visit

583
00:26:35,880 --> 00:26:37,280
Speaker 1: him if I want to. Good because I live in

584
00:26:37,320 --> 00:26:39,080
Speaker 1: Balm Beach most of the time. A good person of time.

585
00:26:39,400 --> 00:26:43,600
Speaker 1: But um, you know, he's a very unique creature, as

586
00:26:43,600 --> 00:26:46,640
Speaker 1: you well know. And I think that he's been reinforced

587
00:26:46,640 --> 00:26:48,399
Speaker 1: for what you and I might call bad behavior, at

588
00:26:48,440 --> 00:26:52,280
Speaker 1: least in communication style. And um, and he's now president

589
00:26:52,359 --> 00:26:54,600
Speaker 1: Nited States, and those things are not being reinforced. But

590
00:26:54,640 --> 00:26:57,640
Speaker 1: I think half the country sent him there because government

591
00:26:57,680 --> 00:27:00,280
Speaker 1: is systemic. You take your time, you think every rude

592
00:27:00,280 --> 00:27:03,080
Speaker 1: as consequences. He's pragmatic. I want to do this now,

593
00:27:03,240 --> 00:27:05,320
Speaker 1: right now, and even if make a mistake, then I'll

594
00:27:05,320 --> 00:27:06,560
Speaker 1: correct the mistake and get it done. But I'm not

595
00:27:06,560 --> 00:27:08,280
Speaker 1: gonna take two years to do it. So I think,

596
00:27:08,520 --> 00:27:11,280
Speaker 1: is that pragmatic or impulsive? Well, you can call it impulsive,

597
00:27:11,320 --> 00:27:13,480
Speaker 1: but it's also pragmatic to look for an answer. Now.

598
00:27:13,680 --> 00:27:16,119
Speaker 1: Everyone has a specialty in their brains. Some people are

599
00:27:16,119 --> 00:27:19,840
Speaker 1: extremely empathetic, right. Empathetic people are always like, if you're

600
00:27:19,840 --> 00:27:21,240
Speaker 1: in a meeting right now and we say we're gonna

601
00:27:21,280 --> 00:27:22,640
Speaker 1: do something, they're gonna, hey, wait a second, that will

602
00:27:22,640 --> 00:27:24,480
Speaker 1: make these people feel this way, and they're always worried

603
00:27:24,480 --> 00:27:27,320
Speaker 1: about that. Person is more pragmatic is like, they're gonna

604
00:27:27,320 --> 00:27:29,040
Speaker 1: feel that way, but if we don't do this, it's

605
00:27:29,080 --> 00:27:30,920
Speaker 1: gonna go under and everyone's gonna get hurt. This is

606
00:27:30,960 --> 00:27:32,800
Speaker 1: what we gotta do right now. The systemic person like,

607
00:27:32,880 --> 00:27:37,280
Speaker 1: slow down, let's think this through, let's evaluate this, let's

608
00:27:37,280 --> 00:27:39,320
Speaker 1: take our time, and they might take a couple of

609
00:27:39,400 --> 00:27:41,359
Speaker 1: years to do what the other person will do wrong

610
00:27:41,840 --> 00:27:44,080
Speaker 1: in the first week, but the wrong one was the

611
00:27:44,119 --> 00:27:45,879
Speaker 1: first week will get more done because they do it

612
00:27:45,920 --> 00:27:47,760
Speaker 1: more often, and they if they correct, they do it

613
00:27:47,760 --> 00:27:49,640
Speaker 1: more often. I don't know, I feel correct enough or not,

614
00:27:50,080 --> 00:27:52,880
Speaker 1: but he clearly he's not empathetic. Let's put it that way.

615
00:27:52,920 --> 00:27:57,280
Speaker 1: That's not as high as skill set. Thank you, last category.

616
00:27:57,280 --> 00:28:00,359
Speaker 1: The president of the last category sounds like Barack is

617
00:28:00,400 --> 00:28:02,159
Speaker 1: exactly right. He totally systemic. I when you're talking at

618
00:28:02,160 --> 00:28:04,400
Speaker 1: Barack Obama, he's thinking while he's talking, and he's filtering

619
00:28:04,440 --> 00:28:07,159
Speaker 1: every word. I watched him, you know, get up and

620
00:28:07,320 --> 00:28:09,320
Speaker 1: have a speech to first graders and he had to

621
00:28:09,800 --> 00:28:13,000
Speaker 1: what do you call it, telepropers reading teleproperters? The first

622
00:28:13,000 --> 00:28:15,280
Speaker 1: graders like, come on, But then you have this other

623
00:28:15,320 --> 00:28:17,280
Speaker 1: guy who just makes it up as he's standing there.

624
00:28:17,400 --> 00:28:19,200
Speaker 1: So we've gone from one extreme. Ya, that's what people

625
00:28:19,240 --> 00:28:21,600
Speaker 1: do in relationship. Right, this didn't work. Let me throw

626
00:28:21,680 --> 00:28:23,880
Speaker 1: my pendulum to the other side, which also often doesn't

627
00:28:23,880 --> 00:28:26,639
Speaker 1: work in some people's minds. But I think um. I

628
00:28:26,640 --> 00:28:29,280
Speaker 1: had a good conversation with President Clinton last weekend, but

629
00:28:29,280 --> 00:28:32,119
Speaker 1: I had an even better conversation related to this, specifically

630
00:28:32,119 --> 00:28:34,880
Speaker 1: a couple of months ago with George W. Bush, and

631
00:28:34,920 --> 00:28:36,560
Speaker 1: I was asking him. I said, you know, you never

632
00:28:36,560 --> 00:28:39,520
Speaker 1: attacked Barack Obama. I really respect that about you, and

633
00:28:39,520 --> 00:28:41,200
Speaker 1: he goes, I'll tell you why Tony goes, I'm not

634
00:28:41,280 --> 00:28:43,600
Speaker 1: president United States. The people have spoken. I had my

635
00:28:43,680 --> 00:28:46,520
Speaker 1: eight years, and whether I voted for the person or

636
00:28:46,520 --> 00:28:49,600
Speaker 1: not doesn't matter. They're my president. There your president. We

637
00:28:49,680 --> 00:28:51,440
Speaker 1: got to help them succeed. They don't do it on

638
00:28:51,440 --> 00:28:53,600
Speaker 1: their own. And he I said, but what do you feel?

639
00:28:53,680 --> 00:28:55,480
Speaker 1: He goes, well, you know, I wanted my brother to win.

640
00:28:55,920 --> 00:28:57,920
Speaker 1: He said, he obviously didn't. But he goes this stuff

641
00:28:58,000 --> 00:29:00,360
Speaker 1: that the world's over because Trump is crazy easy and

642
00:29:00,360 --> 00:29:03,400
Speaker 1: and saying, he goes, it's so exaggerated, and it's quite

643
00:29:03,480 --> 00:29:06,520
Speaker 1: quite frankly infantile. He said, let's just be honest. He said,

644
00:29:06,880 --> 00:29:10,400
Speaker 1: I used to think this too. When Nixon left office impeached.

645
00:29:10,760 --> 00:29:13,680
Speaker 1: I thought he destroyed the presidency, destroyed the reputation Americas,

646
00:29:13,680 --> 00:29:16,440
Speaker 1: stroyed America. He goes, I was dead wrong. He said

647
00:29:16,440 --> 00:29:19,920
Speaker 1: that was an infantile emotional response. Here's the truth, he said,

648
00:29:19,920 --> 00:29:26,400
Speaker 1: the office is bigger than the occupant. Many people so nervous, trepidacious,

649
00:29:26,520 --> 00:29:30,280
Speaker 1: scared out of their mind because we as a culture

650
00:29:30,360 --> 00:29:34,000
Speaker 1: constantly reinforce fear and create tribalism. It's the news way

651
00:29:34,000 --> 00:29:37,480
Speaker 1: in which we live. Since social media plus today we

652
00:29:37,560 --> 00:29:40,200
Speaker 1: can self fulfill you can you you can just watch

653
00:29:40,520 --> 00:29:42,920
Speaker 1: MSNBC all day long or Fox all day along and

654
00:29:42,920 --> 00:29:45,680
Speaker 1: you live in a different universe or Facebook and read

655
00:29:46,160 --> 00:29:49,360
Speaker 1: fake news. So people today don't want to be interrupted.

656
00:29:49,600 --> 00:29:51,160
Speaker 1: I mean, in the financial industry, it's one of the

657
00:29:51,160 --> 00:29:54,000
Speaker 1: biggest mistakes that people is called confirmation bias. You know,

658
00:29:54,080 --> 00:29:56,240
Speaker 1: you go get everybody confirm what you believe and you

659
00:29:56,280 --> 00:29:58,640
Speaker 1: go do that. Well, it's a recipe for death. We're

660
00:29:58,680 --> 00:30:01,360
Speaker 1: doing that here. We're having a how do we change that?

661
00:30:01,400 --> 00:30:04,480
Speaker 1: You know? I mean, this is something we've talked about frequently.

662
00:30:04,600 --> 00:30:08,520
Speaker 1: And my friend Nicole says, people looking for affirmation, not information.

663
00:30:08,680 --> 00:30:11,000
Speaker 1: And but you know, and there was a piece in

664
00:30:11,000 --> 00:30:13,240
Speaker 1: the New York Times actually recently about how to get

665
00:30:13,280 --> 00:30:16,200
Speaker 1: out of your bubble, and people are trying to encourage

666
00:30:16,200 --> 00:30:20,480
Speaker 1: people to overlap. But I mean, how what's the solution

667
00:30:20,560 --> 00:30:22,160
Speaker 1: to the first? You go first? You got to see

668
00:30:22,280 --> 00:30:24,120
Speaker 1: what the problem is. I believe the problem. You can

669
00:30:24,160 --> 00:30:26,760
Speaker 1: tell me if you agree and disagree. Um. One of

670
00:30:26,760 --> 00:30:29,719
Speaker 1: the problems, clearly is that we are not using technology.

671
00:30:29,720 --> 00:30:33,480
Speaker 1: Technology is now using us. Watch how people where people's

672
00:30:33,640 --> 00:30:36,640
Speaker 1: level of impatience is today the bami bam on their

673
00:30:36,640 --> 00:30:39,400
Speaker 1: phone like this, it's not responding, it's going to a satellite.

674
00:30:39,440 --> 00:30:41,400
Speaker 1: Give it a minute. I mean, my god, whether the

675
00:30:41,400 --> 00:30:43,920
Speaker 1: hell is the matter with you? And so you're used

676
00:30:43,960 --> 00:30:47,280
Speaker 1: to in control every moment on the web. So I

677
00:30:47,280 --> 00:30:50,720
Speaker 1: think it's a combination of technology. And we have tolerated

678
00:30:50,720 --> 00:30:53,440
Speaker 1: this as a culture. You get what you tolerate. As

679
00:30:53,480 --> 00:30:56,880
Speaker 1: an individual, we tolerated. But how do you how do

680
00:30:56,920 --> 00:30:59,120
Speaker 1: you change it? And the only way it's so far

681
00:30:59,200 --> 00:31:00,959
Speaker 1: downline now then the way it changes is the way

682
00:31:01,000 --> 00:31:05,080
Speaker 1: anything changes. Historically, we throw our pendulums until we exhaust that,

683
00:31:05,160 --> 00:31:07,840
Speaker 1: and sometimes that exhaustion goes for a period of you know,

684
00:31:07,960 --> 00:31:10,760
Speaker 1: a generation ten or fifteen or twenty years. If you

685
00:31:10,800 --> 00:31:14,160
Speaker 1: think about the winter seasons historically, I mean, if you

686
00:31:14,200 --> 00:31:16,840
Speaker 1: grew up in the nineteen thirties and forties, came of

687
00:31:16,880 --> 00:31:19,760
Speaker 1: age at that time, you live very differently. Became of

688
00:31:19,800 --> 00:31:21,880
Speaker 1: age in the fifties, then if he came to change

689
00:31:21,880 --> 00:31:24,280
Speaker 1: in the sixties and seventies, a totally different generation than

690
00:31:24,320 --> 00:31:27,280
Speaker 1: the eighties, nineties, two thousands. So I personally believe, and

691
00:31:27,280 --> 00:31:29,760
Speaker 1: I'm guessing no one knows for sure. I think we're

692
00:31:29,760 --> 00:31:32,200
Speaker 1: gonna throw our pendulum and we're gonna get exhausted this,

693
00:31:32,320 --> 00:31:34,480
Speaker 1: like we exhausted anything, and we'll eventually come back. How

694
00:31:34,520 --> 00:31:37,440
Speaker 1: long will that take? I don't know. Will President Trump

695
00:31:37,800 --> 00:31:40,840
Speaker 1: become a CEO who settles down and is able to

696
00:31:40,840 --> 00:31:43,520
Speaker 1: do that or not. You know, we're six weeks into it.

697
00:31:43,720 --> 00:31:46,480
Speaker 1: He's been reinforced for the behavior he had his entire life,

698
00:31:46,680 --> 00:31:49,000
Speaker 1: and he's only for the first time having an interruption

699
00:31:49,040 --> 00:31:52,320
Speaker 1: to that behavior. So we'll see. Well, regarding President Trump,

700
00:31:52,400 --> 00:31:56,240
Speaker 1: you said Donald doesn't take coaching. He doesn't want coaching.

701
00:31:56,720 --> 00:32:00,000
Speaker 1: I know a lot of Republicans who are really nervous,

702
00:32:00,040 --> 00:32:02,640
Speaker 1: is scared, even alarmed by some of the actions he's

703
00:32:02,680 --> 00:32:05,240
Speaker 1: taken as president, the fact that he doesn't know what

704
00:32:05,320 --> 00:32:08,400
Speaker 1: he doesn't know, and that he has these tweet storms

705
00:32:08,440 --> 00:32:11,120
Speaker 1: that you know, five thirty in the morning, making all

706
00:32:11,160 --> 00:32:14,640
Speaker 1: these accusations that have no merit because he's been reading

707
00:32:14,680 --> 00:32:16,680
Speaker 1: bright bart News come on. And so I think the

708
00:32:16,760 --> 00:32:20,000
Speaker 1: larger question is can you learn from his mistakes and

709
00:32:20,080 --> 00:32:22,960
Speaker 1: get bigger and better or he's a smarter person. You

710
00:32:23,040 --> 00:32:26,080
Speaker 1: might give him credit for it. He's well trained to

711
00:32:26,120 --> 00:32:29,040
Speaker 1: be the way he is because he's been rewarded so often.

712
00:32:29,520 --> 00:32:32,360
Speaker 1: But without the rewards, he's got the ability to learn.

713
00:32:32,360 --> 00:32:34,160
Speaker 1: The question is will he And I can't answer that

714
00:32:34,240 --> 00:32:37,040
Speaker 1: question for you, No one can. But I think, um,

715
00:32:37,160 --> 00:32:40,360
Speaker 1: the more we spend time on his tweets uh and

716
00:32:40,480 --> 00:32:42,920
Speaker 1: give it so much attention, you just reinforce the behavior.

717
00:32:42,960 --> 00:32:44,840
Speaker 1: He's going to keep doing it. The more put your

718
00:32:44,880 --> 00:32:47,760
Speaker 1: fist up. If I go like this, what are you doing?

719
00:32:47,760 --> 00:32:49,120
Speaker 1: Why are you pushing back? I didn't tell you to

720
00:32:49,120 --> 00:32:51,920
Speaker 1: push back? Well, otherwise you're gonna break my arm. He's

721
00:32:51,960 --> 00:32:56,560
Speaker 1: a very strong guy. Actually, let it go. You'll see it.

722
00:32:56,760 --> 00:32:59,360
Speaker 1: It's not going to break your arm. More morely, you

723
00:32:59,440 --> 00:33:04,240
Speaker 1: push on somebody, I just don't put his fist out.

724
00:33:04,240 --> 00:33:05,880
Speaker 1: And I pushed on it like with my fist, and

725
00:33:05,920 --> 00:33:07,560
Speaker 1: he's pushing harder and harder. I didn't tell him to

726
00:33:07,560 --> 00:33:10,120
Speaker 1: push I'm still across from the table from Superman here,

727
00:33:10,160 --> 00:33:12,239
Speaker 1: and it's very hard not to push back a little bit.

728
00:33:12,280 --> 00:33:14,160
Speaker 1: But think about that. It's very hard for him not

729
00:33:14,240 --> 00:33:16,960
Speaker 1: push back, very hard for the media not to push back.

730
00:33:17,200 --> 00:33:20,000
Speaker 1: But you're more optimistic than many people. You think that

731
00:33:20,080 --> 00:33:22,160
Speaker 1: he can grow and get better. But you've said that

732
00:33:22,200 --> 00:33:25,120
Speaker 1: he doesn't take training or coach at this stage. He's not,

733
00:33:25,160 --> 00:33:27,000
Speaker 1: But it doesn't mean he won't he's got four years

734
00:33:27,040 --> 00:33:28,840
Speaker 1: and we're all gonna be with him four years where

735
00:33:28,880 --> 00:33:30,960
Speaker 1: they like him or not. So do you really want

736
00:33:31,000 --> 00:33:33,440
Speaker 1: to spend the rest of your life bitching, complaining, whining

737
00:33:33,480 --> 00:33:37,480
Speaker 1: about somebody's style of communicating? Um, you know, we have

738
00:33:37,520 --> 00:33:40,200
Speaker 1: three branches of government. They balance each other out. He's

739
00:33:40,200 --> 00:33:42,440
Speaker 1: gonna pass some things you don't like. That's called life.

740
00:33:42,680 --> 00:33:44,760
Speaker 1: He's gonna not pass some things he wants to that

741
00:33:44,840 --> 00:33:48,480
Speaker 1: you might like. That's life. You know, we're we're living

742
00:33:48,520 --> 00:33:51,680
Speaker 1: in a world where there's so much whining. It's just like,

743
00:33:51,800 --> 00:33:54,600
Speaker 1: how about, let's where the issues are real, let's deal

744
00:33:54,640 --> 00:33:56,520
Speaker 1: with them. But why not? Why has it got to

745
00:33:56,560 --> 00:33:59,000
Speaker 1: be personal? He used to be in Congress and Clinton

746
00:33:59,000 --> 00:34:01,560
Speaker 1: was in office. I would fight like hell on the

747
00:34:01,600 --> 00:34:03,960
Speaker 1: floor and they go have a beer together. Now the

748
00:34:04,040 --> 00:34:06,640
Speaker 1: problem is if you talk to it aside, you're evil,

749
00:34:06,760 --> 00:34:10,279
Speaker 1: you're immoral. This is absurd, this is childlike behavior. But

750
00:34:10,360 --> 00:34:12,880
Speaker 1: that's expanded to the nation as a whole. And so

751
00:34:13,560 --> 00:34:15,839
Speaker 1: but but no, I mean not just on Capitol Hill.

752
00:34:15,880 --> 00:34:18,600
Speaker 1: And we often heard stories of Reagan and Tip O'Neill

753
00:34:18,680 --> 00:34:20,960
Speaker 1: having a drink together in the Oval office and fighting

754
00:34:21,000 --> 00:34:24,160
Speaker 1: like hell in the halls of Congress. But what do

755
00:34:24,200 --> 00:34:27,200
Speaker 1: you do about such a divided nation? I know this

756
00:34:27,280 --> 00:34:29,880
Speaker 1: is the top topic a on so many shows, and

757
00:34:29,920 --> 00:34:32,920
Speaker 1: I think around so many dinner tables all over the country.

758
00:34:32,960 --> 00:34:38,880
Speaker 1: But these two Americas that are so at each other's throats? Seven,

759
00:34:39,480 --> 00:34:41,520
Speaker 1: how how do we come together? I mean, I know

760
00:34:41,600 --> 00:34:44,160
Speaker 1: it's not going to be kumbaya, But at the same time,

761
00:34:44,560 --> 00:34:47,560
Speaker 1: how do we dissipate this anger and vitriol that's just

762
00:34:47,719 --> 00:34:51,560
Speaker 1: pulsing through society today? Well it starts with the leaders

763
00:34:51,760 --> 00:34:54,320
Speaker 1: and the leaders of both parties. Good luck with that.

764
00:34:54,320 --> 00:34:58,120
Speaker 1: That's what I'm saying. That's the challenge. But eventually we

765
00:34:58,320 --> 00:35:01,560
Speaker 1: burn out. Eventually you look at history, whatever it is,

766
00:35:01,560 --> 00:35:03,279
Speaker 1: will it be anger? You get tired of being anger?

767
00:35:03,320 --> 00:35:05,120
Speaker 1: It's sadness. You get tired of being sadness. I just have.

768
00:35:05,480 --> 00:35:07,279
Speaker 1: I'm just saying, why don't we get tired of it? Now?

769
00:35:08,120 --> 00:35:11,480
Speaker 1: Start to focus. Thanks, let's focus on what we can

770
00:35:11,560 --> 00:35:14,120
Speaker 1: do instead of we can't. What's the secret to financial

771
00:35:14,160 --> 00:35:17,279
Speaker 1: well being? If not predicting the future. The secret is

772
00:35:17,480 --> 00:35:20,040
Speaker 1: taking control of what you can control. There's many things

773
00:35:20,040 --> 00:35:22,600
Speaker 1: you can't and it's time to surrender to that and

774
00:35:22,640 --> 00:35:25,040
Speaker 1: focus on what you can do. Otherwise you're just everybody

775
00:35:25,160 --> 00:35:27,400
Speaker 1: just whining, and it's like, what is it doing? Is

776
00:35:27,440 --> 00:35:29,279
Speaker 1: it making anything better? Is it changing it all? No,

777
00:35:29,360 --> 00:35:31,239
Speaker 1: you're just getting the habit of being piste off all

778
00:35:31,239 --> 00:35:33,520
Speaker 1: the time or fearful all the time, and a decision

779
00:35:33,520 --> 00:35:35,680
Speaker 1: made from fear or a decision made from anger is

780
00:35:35,719 --> 00:35:38,680
Speaker 1: almost always the wrong decision. If you were coaching President

781
00:35:38,719 --> 00:35:42,880
Speaker 1: Trump today, what would you tell him your communication style

782
00:35:42,920 --> 00:35:45,280
Speaker 1: is getting in the way of your substance. There's actually

783
00:35:45,360 --> 00:35:47,839
Speaker 1: substance to what he's doing in many cases that some

784
00:35:47,880 --> 00:35:49,520
Speaker 1: people agree. I mean, if you were to say, look

785
00:35:49,960 --> 00:35:52,480
Speaker 1: in Syria, we cannot vet that these people are who

786
00:35:52,560 --> 00:35:55,640
Speaker 1: they say they are, so in these cases until we

787
00:35:55,680 --> 00:35:57,520
Speaker 1: can vet, we're going to do this for them, it

788
00:35:57,560 --> 00:35:59,440
Speaker 1: would be a different case. But when you talk about

789
00:35:59,520 --> 00:36:02,719
Speaker 1: Muslims as if it's a religion that's wrong, um, then

790
00:36:03,000 --> 00:36:05,360
Speaker 1: the style of communication gets ahold of anything. And the

791
00:36:05,400 --> 00:36:08,200
Speaker 1: second thing is calling people idiots or going on the

792
00:36:08,239 --> 00:36:10,799
Speaker 1: internet at three in the morning and attacking everybody who

793
00:36:10,800 --> 00:36:13,360
Speaker 1: has a different point of view. Makes it impossible to

794
00:36:13,440 --> 00:36:16,080
Speaker 1: truly govern unless you in control of everything. And why

795
00:36:16,120 --> 00:36:18,879
Speaker 1: do you think he does that? It's fended so much

796
00:36:18,920 --> 00:36:21,040
Speaker 1: time on him and why he does it. He doesn't

797
00:36:21,040 --> 00:36:22,839
Speaker 1: because you've been conditioned to do it his whole life.

798
00:36:22,880 --> 00:36:25,360
Speaker 1: He's a real estate guy that worked with very wealthy people.

799
00:36:25,400 --> 00:36:28,799
Speaker 1: He figured a formula, he used debt, he maximized it

800
00:36:28,920 --> 00:36:32,440
Speaker 1: and almost went bankrupt and then really scored in a

801
00:36:32,520 --> 00:36:34,520
Speaker 1: large scale And no matter what he said or did,

802
00:36:34,520 --> 00:36:37,120
Speaker 1: he got reinforced, including with a TV show for twelve years.

803
00:36:37,480 --> 00:36:40,439
Speaker 1: So he's been reinforced. Until new reinforcement happens, you won't

804
00:36:40,440 --> 00:36:42,560
Speaker 1: see a change. That's how humans work. I want to

805
00:36:42,600 --> 00:36:46,840
Speaker 1: ask you about leadership, you know, because I think some Americans,

806
00:36:46,960 --> 00:36:49,440
Speaker 1: I would say a lot of Americans field there's a

807
00:36:49,520 --> 00:36:53,279
Speaker 1: real dearth of leadership in this country. I would agree. Unfortunately,

808
00:36:53,880 --> 00:36:56,920
Speaker 1: Why why do you think it's so hard to find

809
00:36:57,000 --> 00:36:59,719
Speaker 1: people that we trust and believe in and want to

810
00:36:59,800 --> 00:37:04,560
Speaker 1: be in charge? Well, think about it today. If you

811
00:37:04,560 --> 00:37:06,960
Speaker 1: and I live in in the world before the internet,

812
00:37:07,239 --> 00:37:09,400
Speaker 1: and I'm not suggesting to go back of the stupidest

813
00:37:09,400 --> 00:37:13,120
Speaker 1: thing in the world. Maybe maybe in the moment, but

814
00:37:13,160 --> 00:37:14,840
Speaker 1: if you really think about it before, then if you

815
00:37:14,840 --> 00:37:18,400
Speaker 1: want to attack me, you're gonna pay a consequence. You

816
00:37:18,400 --> 00:37:20,680
Speaker 1: say something about verbally you do something and it used

817
00:37:20,680 --> 00:37:22,160
Speaker 1: to be in the media and you're gonna be sued.

818
00:37:22,800 --> 00:37:26,560
Speaker 1: Today with the Internet, we all want to be significant.

819
00:37:26,800 --> 00:37:29,280
Speaker 1: There's only two ways to be significant. Take big risks

820
00:37:29,280 --> 00:37:31,319
Speaker 1: and try to achieve things, and you could fail. And

821
00:37:31,320 --> 00:37:34,600
Speaker 1: if you fail, you feel like you're worthless. Or tear

822
00:37:34,640 --> 00:37:37,080
Speaker 1: everybody else down. Build the tallest building, or tear everybody

823
00:37:37,080 --> 00:37:38,680
Speaker 1: else down. Well, it's not hard to figure out what

824
00:37:38,719 --> 00:37:41,040
Speaker 1: the majority of people do. There's no downside of tearing

825
00:37:41,040 --> 00:37:43,560
Speaker 1: other people down. To the web, there's no consequence. So

826
00:37:43,640 --> 00:37:48,160
Speaker 1: our web behaviors and our technology conditioning has changed our

827
00:37:48,200 --> 00:37:51,920
Speaker 1: culture to where we're no longer kind. I mean, obviously

828
00:37:51,960 --> 00:37:54,640
Speaker 1: there are plenty of kind people, and there are kind communities.

829
00:37:55,040 --> 00:37:57,280
Speaker 1: But if you asked, is the Internet a kind place?

830
00:37:58,080 --> 00:38:02,000
Speaker 1: The answer is what would you say? Absolutely not? Having

831
00:38:02,040 --> 00:38:06,440
Speaker 1: said that, most of my friends would never ever right

832
00:38:06,600 --> 00:38:11,160
Speaker 1: the kind of garbage that comes my way. I don't know, Brian,

833
00:38:11,200 --> 00:38:15,040
Speaker 1: if you get that, but you know that that comes

834
00:38:15,040 --> 00:38:18,400
Speaker 1: the way of people who maybe disagree with them or

835
00:38:18,440 --> 00:38:23,480
Speaker 1: who are public figures. So yes, I don't. Also grew

836
00:38:23,560 --> 00:38:26,640
Speaker 1: up in a different generation, right, my daughters would never

837
00:38:26,680 --> 00:38:29,279
Speaker 1: do that. I agree that you're you've you're because you

838
00:38:29,320 --> 00:38:32,000
Speaker 1: brought a different generation. You have different values, right, look

839
00:38:32,000 --> 00:38:35,080
Speaker 1: at it. You're raised, so it's a value system. But

840
00:38:35,280 --> 00:38:38,719
Speaker 1: right now that you can talk about values all you want.

841
00:38:38,800 --> 00:38:40,520
Speaker 1: But then people look at this phone a hundred and

842
00:38:40,520 --> 00:38:44,000
Speaker 1: fifty times a day, that's the average, hundred fifty times

843
00:38:44,080 --> 00:38:46,640
Speaker 1: day at your outdoor brain, and whenever you're looking there,

844
00:38:46,640 --> 00:38:49,479
Speaker 1: they're getting a dopamine hit sometimes all this cool friend

845
00:38:49,560 --> 00:38:52,439
Speaker 1: they are, so they're wired to keep doing this and

846
00:38:52,680 --> 00:38:55,040
Speaker 1: guess what, like any other addiction, they're here all the time.

847
00:38:55,080 --> 00:38:57,239
Speaker 1: This is the world I can control, you know, like me?

848
00:38:57,880 --> 00:39:00,040
Speaker 1: Unfriend you, I'll let you go. We have created it

849
00:39:00,120 --> 00:39:03,040
Speaker 1: a selfish society where it's all about me, and it's

850
00:39:03,040 --> 00:39:04,879
Speaker 1: really not about me. It's about the way I can

851
00:39:04,920 --> 00:39:07,680
Speaker 1: frame myself with filters and pictures. You can see people

852
00:39:07,680 --> 00:39:10,319
Speaker 1: getting depressed all the studies on Facebook now, and it's

853
00:39:10,320 --> 00:39:12,200
Speaker 1: because they're not comparing their life to other people. They're

854
00:39:12,200 --> 00:39:15,279
Speaker 1: comparing life to other people's fake lives. Right, So I

855
00:39:15,880 --> 00:39:18,040
Speaker 1: sound old talking to all this crap. No, I I

856
00:39:18,440 --> 00:39:21,839
Speaker 1: agree with you. Well, I'm older than you are. I mean,

857
00:39:21,880 --> 00:39:24,799
Speaker 1: what are practical things? The practical things that we have

858
00:39:24,920 --> 00:39:27,239
Speaker 1: to do is we've got to train people to enter

859
00:39:27,280 --> 00:39:29,480
Speaker 1: a world where they live at their best and they're

860
00:39:29,520 --> 00:39:32,960
Speaker 1: reinforced for it. Let me look, let's be honest. All

861
00:39:33,040 --> 00:39:35,680
Speaker 1: human beings have a two million year old brain, and

862
00:39:35,760 --> 00:39:38,080
Speaker 1: that brain is not designed to make you happy. That

863
00:39:38,120 --> 00:39:40,680
Speaker 1: brain is designed to make you survive. So it's a

864
00:39:40,719 --> 00:39:43,640
Speaker 1: survival software. So what is it looking for anything that

865
00:39:43,719 --> 00:39:46,200
Speaker 1: could hurt me? Well, there's not a saber tooth tiger

866
00:39:46,239 --> 00:39:48,520
Speaker 1: for you to fight or flight or freeze and hopefully

867
00:39:48,520 --> 00:39:51,319
Speaker 1: not spot you. Now we place that with what are

868
00:39:51,320 --> 00:39:53,319
Speaker 1: people thinking about me as if it's life and death?

869
00:39:53,760 --> 00:39:55,440
Speaker 1: Or do I have enough money? And let's be honest.

870
00:39:55,440 --> 00:39:57,759
Speaker 1: In this country, if you are in poverty, and you know,

871
00:39:57,880 --> 00:39:59,440
Speaker 1: I get I need a hundred million people a year.

872
00:39:59,440 --> 00:40:00,960
Speaker 1: I don't want to in poverty. But if you're in

873
00:40:01,000 --> 00:40:04,040
Speaker 1: part of the United States, you're not. Is the biggest

874
00:40:04,040 --> 00:40:06,279
Speaker 1: bullshit on the planet. You're the one percent of the

875
00:40:06,320 --> 00:40:09,920
Speaker 1: planet the planet. Three quarters of the planet lives on

876
00:40:09,960 --> 00:40:12,160
Speaker 1: two dollars and fifty cents a day, nine dollars a year.

877
00:40:12,440 --> 00:40:14,640
Speaker 1: So we're living in a society where we've lost track.

878
00:40:15,040 --> 00:40:17,120
Speaker 1: It's gonna balance? Will it balance as fast as you?

879
00:40:17,160 --> 00:40:20,120
Speaker 1: And I want? No, My job is to educate you.

880
00:40:20,200 --> 00:40:21,920
Speaker 1: I was there. I had ten thousand people in San

881
00:40:21,960 --> 00:40:25,360
Speaker 1: Francisco and San Jose the day after the election. San Francisco,

882
00:40:25,480 --> 00:40:29,359
Speaker 1: so you know what that was the happy crowd. They

883
00:40:29,360 --> 00:40:32,320
Speaker 1: were depressed, and I just I went after him and

884
00:40:32,360 --> 00:40:34,960
Speaker 1: I said, come on, grow up. What the hell are

885
00:40:34,960 --> 00:40:38,640
Speaker 1: you doing? If you can't take disappointment, and disappointment drives

886
00:40:38,640 --> 00:40:40,799
Speaker 1: you into this place, how are you gonna deal with

887
00:40:40,840 --> 00:40:42,640
Speaker 1: your own life? You're focused on Trump because you're not

888
00:40:42,680 --> 00:40:44,879
Speaker 1: mastering your own life. But I think there are people

889
00:40:44,880 --> 00:40:48,200
Speaker 1: who are upset about Trump for pretty selfless reasons. Actually,

890
00:40:48,239 --> 00:40:50,720
Speaker 1: people whose taxes are going to be cut by Trump,

891
00:40:50,800 --> 00:40:54,520
Speaker 1: people who are personally going to benefit from Trump. Have said,

892
00:40:54,840 --> 00:40:57,920
Speaker 1: I don't like the example he sets from my children

893
00:40:59,400 --> 00:41:02,160
Speaker 1: he's going to make to let's just agree on that.

894
00:41:02,200 --> 00:41:03,719
Speaker 1: I agree with it. So what are you going to

895
00:41:03,800 --> 00:41:06,600
Speaker 1: do about it? Well, that's that's the right, but right

896
00:41:06,640 --> 00:41:08,080
Speaker 1: so I answer my question, what are you gonna do

897
00:41:08,080 --> 00:41:10,440
Speaker 1: about I don't have an answer that question. Continuing to

898
00:41:10,480 --> 00:41:13,360
Speaker 1: complain about it isn't changing a thing. We can continue

899
00:41:13,360 --> 00:41:15,920
Speaker 1: to make ourselves miserable if you like to continue for now,

900
00:41:17,080 --> 00:41:20,120
Speaker 1: I'd rather do this. I'd rather say argue with the

901
00:41:20,160 --> 00:41:24,759
Speaker 1: reality is stupid. Sometimes reality does not reward what you want,

902
00:41:24,960 --> 00:41:27,160
Speaker 1: So then what should you do? Focus on what you

903
00:41:27,200 --> 00:41:29,399
Speaker 1: can do and what you can control, because otherwise you're

904
00:41:29,400 --> 00:41:31,120
Speaker 1: just going to be upsettled. But now I agree, and

905
00:41:31,160 --> 00:41:33,400
Speaker 1: I think that a lot of people. I don't know.

906
00:41:33,560 --> 00:41:35,680
Speaker 1: Sometimes I feel like I get too wrapped up in that.

907
00:41:35,840 --> 00:41:38,759
Speaker 1: I don't think it's whining for journalists to point out

908
00:41:38,800 --> 00:41:42,600
Speaker 1: these important issues them to the president, but to try

909
00:41:42,719 --> 00:41:46,800
Speaker 1: when they're no, that's terrible and it's very unprofessional. And

910
00:41:46,920 --> 00:41:49,440
Speaker 1: journalists shouldn't be biased in that way. And I think

911
00:41:49,480 --> 00:41:52,640
Speaker 1: we don't agree on that. Well, not all of them are.

912
00:41:52,239 --> 00:41:54,880
Speaker 1: A journalist across the table from me is not, I

913
00:41:54,920 --> 00:41:59,960
Speaker 1: would argue, But jist today, our journalists today, pure reporters,

914
00:42:00,000 --> 00:42:02,600
Speaker 1: says they once were. Is that pure journalism? Many of

915
00:42:02,640 --> 00:42:05,600
Speaker 1: them are? I do. I think by and large, journalists

916
00:42:05,600 --> 00:42:10,480
Speaker 1: tend to be more progressive and and and and and

917
00:42:10,480 --> 00:42:14,839
Speaker 1: and care about progressive issues more. I think there's yea

918
00:42:15,800 --> 00:42:18,000
Speaker 1: they went to college and they had a professor who

919
00:42:18,160 --> 00:42:20,920
Speaker 1: was liberal, not conservative, because that's who goes and teaches,

920
00:42:20,960 --> 00:42:24,160
Speaker 1: and so we keep fulfilling that that aspect personally, I think,

921
00:42:24,160 --> 00:42:28,400
Speaker 1: and I'm not for the agenda President Trump. But I

922
00:42:28,400 --> 00:42:30,480
Speaker 1: personally think it starts even at the colleges. We need

923
00:42:30,520 --> 00:42:32,719
Speaker 1: to have more diversity in these colleges. When you look

924
00:42:32,719 --> 00:42:35,239
Speaker 1: at Berkeley, which is supposed to be the home of

925
00:42:35,280 --> 00:42:36,920
Speaker 1: free speech, and I don't even see it. I just

926
00:42:37,000 --> 00:42:39,480
Speaker 1: have the pictures today. But I remember that idiot from

927
00:42:39,560 --> 00:42:41,040
Speaker 1: Wright Bart I can't think of his name. I don't

928
00:42:41,040 --> 00:42:44,840
Speaker 1: support him. But to blow shut up, to create fires,

929
00:42:45,080 --> 00:42:48,240
Speaker 1: to punch people in the face so that someone can't speak.

930
00:42:48,520 --> 00:42:51,080
Speaker 1: I don't know how that group of people that supposedly

931
00:42:51,160 --> 00:42:54,319
Speaker 1: started the free speech movement? Are you not embarrassed by that?

932
00:42:54,440 --> 00:42:56,360
Speaker 1: I'm embarrassed. I don't know how you call yourself a

933
00:42:56,400 --> 00:42:58,600
Speaker 1: liberal and opposed the First Amendment and say I'm not.

934
00:42:58,880 --> 00:43:01,520
Speaker 1: I'm not going to even expose was myself two ideas

935
00:43:01,560 --> 00:43:05,320
Speaker 1: with which I disagree. But speaking of powerful ideas, before

936
00:43:05,320 --> 00:43:08,360
Speaker 1: we let you go, how is that for an awkward segue?

937
00:43:09,680 --> 00:43:13,320
Speaker 1: We should talk about. That's what I'm trying to talking about.

938
00:43:14,080 --> 00:43:16,919
Speaker 1: How many books have you written, Tony? What is this now? Five?

939
00:43:16,960 --> 00:43:19,480
Speaker 1: I guess six, I guess Wow, God, you're you're a

940
00:43:19,480 --> 00:43:22,920
Speaker 1: busy guy. So this one is unshakable. Your financial freedom playbook,

941
00:43:23,120 --> 00:43:25,879
Speaker 1: and this is the result of all your conversations with

942
00:43:25,920 --> 00:43:29,120
Speaker 1: all these financial experts, well not just experts, but every

943
00:43:29,120 --> 00:43:30,680
Speaker 1: one of them was a self made millionaire. And then

944
00:43:30,680 --> 00:43:32,680
Speaker 1: I went Nobel Prize winner that I just brought him

945
00:43:32,680 --> 00:43:35,279
Speaker 1: people the best on earth. But the reason about this

946
00:43:35,320 --> 00:43:38,839
Speaker 1: book is I actually had I do an annual event

947
00:43:38,840 --> 00:43:40,760
Speaker 1: where I bring in, you know, six self made billionaires,

948
00:43:40,800 --> 00:43:42,120
Speaker 1: some of the best financial people in the world, and

949
00:43:42,120 --> 00:43:44,120
Speaker 1: I have them work with my biggest donors, you know,

950
00:43:44,200 --> 00:43:46,959
Speaker 1: for feeding people. And I a year ago I had

951
00:43:47,680 --> 00:43:50,960
Speaker 1: the former FED chair Alan greenspan on nineteen years most

952
00:43:50,960 --> 00:43:54,080
Speaker 1: powerful man and finance for presidents, right, I guess spend

953
00:43:54,120 --> 00:43:56,680
Speaker 1: five hours and then three hours picking his brain, which

954
00:43:56,680 --> 00:43:58,480
Speaker 1: is what I do best. I dig in, find it

955
00:43:58,480 --> 00:44:01,440
Speaker 1: his psychology and psyche and how things have shifted. And

956
00:44:01,480 --> 00:44:02,840
Speaker 1: then two hours of one of the audience and the

957
00:44:02,880 --> 00:44:04,880
Speaker 1: last thing we talked about negative interest rates and you know,

958
00:44:04,880 --> 00:44:07,160
Speaker 1: I've never seen this in five thousand years of banking history,

959
00:44:07,200 --> 00:44:10,480
Speaker 1: and what the FEDS are doing, and this really passionate conversation.

960
00:44:10,560 --> 00:44:13,279
Speaker 1: So I said, okay, you're back made of head FED

961
00:44:13,360 --> 00:44:15,640
Speaker 1: today you're the chairman of the Fed of again, what's

962
00:44:15,680 --> 00:44:18,239
Speaker 1: the first thing you do? And the whole room leaned

963
00:44:18,280 --> 00:44:21,160
Speaker 1: into here, and he paused, and he paused, and he

964
00:44:21,320 --> 00:44:24,719
Speaker 1: leaned in, and he went resigned. I would resign. Was

965
00:44:24,760 --> 00:44:27,360
Speaker 1: like when the Fed chair says he resigned. You know

966
00:44:27,440 --> 00:44:30,279
Speaker 1: we're in trouble. So look, we're eight years into this

967
00:44:30,400 --> 00:44:33,600
Speaker 1: bull market. It's the second largest one in history. It

968
00:44:33,640 --> 00:44:36,239
Speaker 1: doesn't take a genius to figure out there's gonna be

969
00:44:36,280 --> 00:44:39,040
Speaker 1: a crash. It's not negative. It's just a fact. It

970
00:44:39,120 --> 00:44:41,759
Speaker 1: always has been. It's historic. But what I wanted to

971
00:44:41,800 --> 00:44:43,880
Speaker 1: do is I wanted free people of the fear and

972
00:44:43,920 --> 00:44:46,400
Speaker 1: show them how to utilize this, both protect themselves and

973
00:44:46,440 --> 00:44:48,920
Speaker 1: take advantage. Because if you're a baby boomer and you

974
00:44:49,000 --> 00:44:53,240
Speaker 1: started too late. I know it's counterintuitive, but the next

975
00:44:53,280 --> 00:44:55,600
Speaker 1: crash is your chance the leap frog from where you

976
00:44:55,640 --> 00:44:57,200
Speaker 1: are financially to where you want to be. If you're

977
00:44:57,239 --> 00:44:59,400
Speaker 1: a millennial and you've got all this, you know, debt

978
00:44:59,520 --> 00:45:02,200
Speaker 1: God forbid from, you know, the college education you've got,

979
00:45:02,360 --> 00:45:04,640
Speaker 1: you think you'll never get out of it. The crash

980
00:45:05,000 --> 00:45:07,200
Speaker 1: is the leveler. It's like if I told you your

981
00:45:07,200 --> 00:45:10,160
Speaker 1: favorite car was I don't know, Ferrari, and you said

982
00:45:10,200 --> 00:45:11,960
Speaker 1: to me, I want a Ferrari, And I said, I

983
00:45:11,960 --> 00:45:13,640
Speaker 1: know a place. You get him fifty percent off, you'll

984
00:45:13,640 --> 00:45:15,719
Speaker 1: be out of your mind. But when the stock market

985
00:45:15,800 --> 00:45:18,760
Speaker 1: goes fifty off, people freak out. People have the opposite instinct,

986
00:45:18,760 --> 00:45:24,160
Speaker 1: which is to buy high and sell low. Buffett what

987
00:45:24,239 --> 00:45:26,320
Speaker 1: you tell everybody during that time, this is the greatest

988
00:45:26,320 --> 00:45:29,400
Speaker 1: opportunity of your life by anything. You can be like

989
00:45:29,480 --> 00:45:32,920
Speaker 1: others are fearful and fearful when you got it absolutely

990
00:45:33,120 --> 00:45:35,239
Speaker 1: So what what people don't know? The reason they're not

991
00:45:35,280 --> 00:45:36,960
Speaker 1: in the market A they think they have no money,

992
00:45:37,280 --> 00:45:38,920
Speaker 1: And so I show them what to do and how

993
00:45:38,960 --> 00:45:41,160
Speaker 1: to actually just take a small percentage and grow it

994
00:45:41,160 --> 00:45:44,239
Speaker 1: because you just don't realize what compounding can do, you know.

995
00:45:44,360 --> 00:45:46,600
Speaker 1: I give an example in the Book of a young

996
00:45:46,640 --> 00:45:49,680
Speaker 1: Man based on a friend of Mine's father convinced him

997
00:45:49,760 --> 00:45:52,480
Speaker 1: at nineteen that he's gonna take three a month and

998
00:45:52,480 --> 00:45:54,480
Speaker 1: say but, which sounds like a lot. But once you automated,

999
00:45:54,480 --> 00:45:56,040
Speaker 1: you don't even think about it just happens. You don't

1000
00:45:56,080 --> 00:45:58,400
Speaker 1: see it. And he did it just till he was

1001
00:45:58,440 --> 00:46:01,799
Speaker 1: twenty nine, right, so nine years. Total amount of money

1002
00:46:01,800 --> 00:46:03,600
Speaker 1: in was like four thousand years, so it's like thirty

1003
00:46:03,640 --> 00:46:06,520
Speaker 1: five thousand dollars. He left it in the market and

1004
00:46:06,600 --> 00:46:08,719
Speaker 1: the market over the last thirty years, his ground ten

1005
00:46:08,719 --> 00:46:10,920
Speaker 1: point to five. But I showed you even if it

1006
00:46:11,000 --> 00:46:14,239
Speaker 1: only grown at eight percent, even less, he ends up

1007
00:46:14,680 --> 00:46:17,600
Speaker 1: taking that thirty five thousand dollars and never putting another diamond.

1008
00:46:17,600 --> 00:46:20,239
Speaker 1: At sixty five, he's got just under a million dollars.

1009
00:46:20,400 --> 00:46:22,160
Speaker 1: His bet that it doesn't take a lot of money

1010
00:46:22,160 --> 00:46:25,640
Speaker 1: to be wealthy. It takes time and and consistency. His

1011
00:46:25,719 --> 00:46:28,680
Speaker 1: best friend gets the idea when he finishes to start

1012
00:46:28,680 --> 00:46:30,960
Speaker 1: at twenty nine, and he invests three dollars a month

1013
00:46:31,000 --> 00:46:33,840
Speaker 1: his entire life to sixty five, and he never catches

1014
00:46:33,920 --> 00:46:36,719
Speaker 1: up because it's time. That gives you the advantage. You

1015
00:46:36,760 --> 00:46:39,759
Speaker 1: don't need a lot of money. How many great athletes,

1016
00:46:40,120 --> 00:46:43,279
Speaker 1: how many great movie stars, actresses, actors? Have you seen

1017
00:46:43,320 --> 00:46:46,320
Speaker 1: that made more money than god? And now they're totally broke.

1018
00:46:46,560 --> 00:46:48,440
Speaker 1: I mean, you look at fifty cent. You know he

1019
00:46:48,760 --> 00:46:53,080
Speaker 1: got a hundred million dollar tip on vitamin water. Maybe

1020
00:46:53,080 --> 00:46:54,360
Speaker 1: I think it was four or million bucks if I

1021
00:46:54,360 --> 00:46:58,799
Speaker 1: remember correctly, And he's bankrupt. He bought Tyson's home and

1022
00:46:58,960 --> 00:47:01,640
Speaker 1: Tyson went bankrupt. Who made a half a billion dollars

1023
00:47:01,719 --> 00:47:02,920
Speaker 1: right now? I don't know if it's true. But I

1024
00:47:02,960 --> 00:47:06,359
Speaker 1: read the other day that What's pirates scabb in Johnny Depp,

1025
00:47:07,480 --> 00:47:09,920
Speaker 1: he made three quarters of a billion dollars seven or

1026
00:47:10,000 --> 00:47:12,680
Speaker 1: fifty million dollars, and they're talking about him going bankrupt

1027
00:47:12,760 --> 00:47:14,480
Speaker 1: right now because he spent thirty thousand a month on

1028
00:47:14,560 --> 00:47:17,720
Speaker 1: wine and he spent three million dollars. Take Hunter Thompson,

1029
00:47:17,800 --> 00:47:20,480
Speaker 1: burn his body and blow it in a cannon into space.

1030
00:47:21,200 --> 00:47:23,520
Speaker 1: So it's hard to live a nice lifestyle and three

1031
00:47:23,560 --> 00:47:26,040
Speaker 1: quarters of a billion dollars and you've got to economize

1032
00:47:26,280 --> 00:47:29,760
Speaker 1: unless you make money your slave. You're the slave to money.

1033
00:47:29,920 --> 00:47:31,959
Speaker 1: And unless you learn how to make money while you're sleep,

1034
00:47:31,960 --> 00:47:34,120
Speaker 1: it's not gonna happen. And every American can do. And

1035
00:47:34,160 --> 00:47:36,719
Speaker 1: it's not a full time job. It requires you to

1036
00:47:36,760 --> 00:47:38,480
Speaker 1: get in the game. But you've got to know what

1037
00:47:38,520 --> 00:47:40,239
Speaker 1: the rules are so you don't get taken advantage of

1038
00:47:40,320 --> 00:47:44,200
Speaker 1: because truthfully, uh, the level of the seat that happens

1039
00:47:44,200 --> 00:47:46,560
Speaker 1: in this industry is greater than almost any industry in

1040
00:47:46,600 --> 00:47:50,480
Speaker 1: the world because there just isn't transparency and people use language.

1041
00:47:50,480 --> 00:47:52,160
Speaker 1: It makes people feel like they don't know what they're doing,

1042
00:47:52,200 --> 00:47:54,160
Speaker 1: and so they just give up and then they beat

1043
00:47:54,200 --> 00:47:56,040
Speaker 1: you to death with fees you don't even know you're paying.

1044
00:47:56,120 --> 00:47:58,480
Speaker 1: So this is this book is really for everyone, not

1045
00:47:58,719 --> 00:48:01,640
Speaker 1: for wealthy people. It's don't know any Now. This is

1046
00:48:01,680 --> 00:48:03,520
Speaker 1: a book designed to show you how you can leap

1047
00:48:03,560 --> 00:48:05,080
Speaker 1: frog where you are where you want to be, and

1048
00:48:05,360 --> 00:48:07,680
Speaker 1: to make sure a you're protected during the next time,

1049
00:48:08,000 --> 00:48:10,279
Speaker 1: but more importantly, that you take advantage of what the

1050
00:48:10,320 --> 00:48:12,719
Speaker 1: next time will provide for you. I mean, I'll give

1051
00:48:12,760 --> 00:48:14,880
Speaker 1: you an example. Why are people afraid you in the

1052
00:48:14,920 --> 00:48:17,759
Speaker 1: market's gonna crash? Well, every day you hear another we

1053
00:48:17,880 --> 00:48:19,759
Speaker 1: broke another record, you know here at the dolls up

1054
00:48:19,760 --> 00:48:22,120
Speaker 1: another one. Well, if you look over the history of

1055
00:48:22,120 --> 00:48:24,600
Speaker 1: the stock market, on average we break we have a

1056
00:48:24,640 --> 00:48:27,120
Speaker 1: new record once a month. Now, sometimes that happens seven

1057
00:48:27,200 --> 00:48:29,359
Speaker 1: in a week, but that's the average that we've had

1058
00:48:29,360 --> 00:48:33,080
Speaker 1: over time. But here's what's really interesting. Every year we

1059
00:48:33,120 --> 00:48:35,759
Speaker 1: have a correction. It's like, if you're gonna be stressed

1060
00:48:36,280 --> 00:48:38,160
Speaker 1: and you're forty years old and you're gonna live to

1061
00:48:38,239 --> 00:48:40,360
Speaker 1: eighty five, you're gonna have forty five more corrections to

1062
00:48:40,360 --> 00:48:41,600
Speaker 1: go through. You're gonna be stressed the rest of your

1063
00:48:41,640 --> 00:48:45,160
Speaker 1: freaking life. Remember last January, the worst January in history

1064
00:48:45,480 --> 00:48:47,920
Speaker 1: two point two trillion dollars melted down. But where we

1065
00:48:47,960 --> 00:48:51,600
Speaker 1: end up the year record breaking eighty percent of those corrections.

1066
00:48:51,600 --> 00:48:53,839
Speaker 1: And a correction for those listening is anytime you drop

1067
00:48:54,120 --> 00:48:57,040
Speaker 1: more than ten percent up to twenty from where the

1068
00:48:57,080 --> 00:49:00,600
Speaker 1: peak was, that's called a correction. Of them don't become

1069
00:49:00,640 --> 00:49:03,240
Speaker 1: a crash. They don't become that melt down that everybody's

1070
00:49:03,280 --> 00:49:06,400
Speaker 1: afraid of at the deepest level. And so you literally

1071
00:49:06,800 --> 00:49:09,600
Speaker 1: you you see fourteen percent dropout, and it bounces right

1072
00:49:09,640 --> 00:49:12,160
Speaker 1: back unless you sell. I always tell people the market

1073
00:49:12,239 --> 00:49:14,920
Speaker 1: never took a dime from anyone you did. Now watch this.

1074
00:49:15,440 --> 00:49:18,160
Speaker 1: What about those big bear markets the last a year,

1075
00:49:18,160 --> 00:49:21,919
Speaker 1: on average, they cost us an average oft if you sell,

1076
00:49:22,000 --> 00:49:23,759
Speaker 1: if you don't sell, and cost you anything. And here's

1077
00:49:23,760 --> 00:49:27,640
Speaker 1: what people have to know. Every single bear market, every

1078
00:49:27,719 --> 00:49:29,800
Speaker 1: crash in the history of the United States for two

1079
00:49:29,840 --> 00:49:33,040
Speaker 1: centuries plus, has been followed by a bull market that

1080
00:49:33,080 --> 00:49:35,239
Speaker 1: goes crazy. If you remember two thousand and eight, we lost,

1081
00:49:35,320 --> 00:49:38,000
Speaker 1: you know, from peak to trough. Briefly it was really

1082
00:49:38,000 --> 00:49:41,000
Speaker 1: around thirty five for most people, but we went we

1083
00:49:41,080 --> 00:49:44,040
Speaker 1: made six. Starting on March nine, coming up a few

1084
00:49:44,120 --> 00:49:46,400
Speaker 1: days from now, is the anniversary. For the next twelve

1085
00:49:46,400 --> 00:49:48,360
Speaker 1: months I can show that to you every time in

1086
00:49:48,560 --> 00:49:50,680
Speaker 1: history of the United States. That's why Warren Buffett says,

1087
00:49:50,960 --> 00:49:52,680
Speaker 1: you don't want to bet against the United States the

1088
00:49:52,760 --> 00:49:55,160
Speaker 1: last two centuries, the dumbest bet you could possibly make.

1089
00:49:55,400 --> 00:49:57,480
Speaker 1: You want to be in the market, not sell, and

1090
00:49:57,520 --> 00:49:59,600
Speaker 1: when the market crashes, you want to buy things for

1091
00:49:59,640 --> 00:50:01,560
Speaker 1: a disc Well, in your message, which is a very

1092
00:50:01,600 --> 00:50:03,319
Speaker 1: powerful one and one that I think a lot of

1093
00:50:03,320 --> 00:50:05,719
Speaker 1: people need to hear, is you can't market time. You

1094
00:50:05,840 --> 00:50:08,600
Speaker 1: brought to bear a great stat in the book about

1095
00:50:08,760 --> 00:50:12,520
Speaker 1: how most of your gains happened during these days. I forget,

1096
00:50:12,600 --> 00:50:15,080
Speaker 1: it's like a dozen days. Let the course of the year,

1097
00:50:15,200 --> 00:50:16,920
Speaker 1: get the hot button. Check this out. So people are

1098
00:50:16,960 --> 00:50:19,200
Speaker 1: trying to time the market. Oh my god, the market's

1099
00:50:19,239 --> 00:50:20,520
Speaker 1: too high. How long have you been hearing that? For

1100
00:50:20,640 --> 00:50:23,319
Speaker 1: eight years? The market's got up two How have we

1101
00:50:23,360 --> 00:50:25,319
Speaker 1: heard that since since Trump got in office? We're up

1102
00:50:25,400 --> 00:50:29,760
Speaker 1: eleven right now? Trump bump. But he isn't gonna correct.

1103
00:50:29,800 --> 00:50:31,960
Speaker 1: Of course it's gonna correct. It's gonna happen. But here's

1104
00:50:31,960 --> 00:50:34,640
Speaker 1: what you gotta know, Warren Buffett said to me, Tony,

1105
00:50:34,800 --> 00:50:38,320
Speaker 1: those guys on CNBC, those market forecasters, they're only there.

1106
00:50:38,360 --> 00:50:40,759
Speaker 1: He said to make fortune tellers look good because no

1107
00:50:40,800 --> 00:50:43,200
Speaker 1: one can predict the market. But here's what you can predict.

1108
00:50:44,360 --> 00:50:46,520
Speaker 1: There's a study done over the last twenty years by

1109
00:50:46,520 --> 00:50:50,920
Speaker 1: both JP Morgan and by Charles Swamp. They did independently.

1110
00:50:51,400 --> 00:50:53,560
Speaker 1: What they found is, over thirty years, we've done ten

1111
00:50:53,600 --> 00:50:56,319
Speaker 1: point to eight percent, which is amazing. Over the last

1112
00:50:56,320 --> 00:50:59,360
Speaker 1: twenty years we've done eight point two. But if you

1113
00:50:59,520 --> 00:51:04,160
Speaker 1: missed just ten of the best training days in twenty years, now,

1114
00:51:04,160 --> 00:51:06,200
Speaker 1: what are your chances of knowing which days those are

1115
00:51:06,200 --> 00:51:08,759
Speaker 1: going to be? So you're out because you're thinking is overvalued,

1116
00:51:08,800 --> 00:51:11,319
Speaker 1: whatever the case may be, you're scared. If you missed

1117
00:51:11,320 --> 00:51:13,919
Speaker 1: the top training ten trading days, that's all in twenty years,

1118
00:51:13,960 --> 00:51:15,880
Speaker 1: you move from having an eight percent return where you're

1119
00:51:15,880 --> 00:51:17,719
Speaker 1: doubling your money every nine years and get wealthy. Of

1120
00:51:17,760 --> 00:51:19,879
Speaker 1: doing that, it drops down to four and a half

1121
00:51:19,920 --> 00:51:22,840
Speaker 1: percent almost in a half. You've missed the top twenty days,

1122
00:51:23,400 --> 00:51:24,960
Speaker 1: you will only make two percent. You might as well

1123
00:51:25,000 --> 00:51:26,640
Speaker 1: have been in bonds. And if you missed the top

1124
00:51:26,680 --> 00:51:29,799
Speaker 1: thirty days one and a half days for twenty years,

1125
00:51:29,800 --> 00:51:31,680
Speaker 1: that's all one half days each year for twenty years,

1126
00:51:32,360 --> 00:51:35,680
Speaker 1: you lose money. See the most dangerous thing is not

1127
00:51:35,719 --> 00:51:37,640
Speaker 1: getting the market. You've got to be in the market

1128
00:51:37,680 --> 00:51:39,880
Speaker 1: because it's given the highest rates of return for the

1129
00:51:39,920 --> 00:51:42,799
Speaker 1: last two centuries. It has the most volatility, which is

1130
00:51:42,800 --> 00:51:45,319
Speaker 1: why you have to have diversification, like I show you.

1131
00:51:45,600 --> 00:51:47,719
Speaker 1: But it is the opportunity of your lifetime to be

1132
00:51:47,760 --> 00:51:50,160
Speaker 1: in there and be unlike other people and be unshakable.

1133
00:51:50,600 --> 00:51:54,680
Speaker 1: All right, before we go, I feel like guys watching Tony.

1134
00:51:54,880 --> 00:51:57,759
Speaker 1: He's got so much energy. Do you drink a lot

1135
00:51:57,800 --> 00:52:01,360
Speaker 1: of coffee? I don't drink any coffee. What you imagine me,

1136
00:52:01,360 --> 00:52:04,319
Speaker 1: I'm happy you would be scary. So but you do

1137
00:52:04,400 --> 00:52:07,760
Speaker 1: have some kind of funky personal routine. You you you

1138
00:52:07,760 --> 00:52:11,799
Speaker 1: you you jump into this cold pool every morning when

1139
00:52:11,840 --> 00:52:15,000
Speaker 1: you're at one of your homes plural, that's fifty seven

1140
00:52:15,000 --> 00:52:20,719
Speaker 1: degrees the water um it stimulates. It's done all over

1141
00:52:20,760 --> 00:52:23,880
Speaker 1: the world, but especially in the northern countries to go

1142
00:52:24,040 --> 00:52:26,920
Speaker 1: hot cold stimulate the limp system. The blood flow cleans

1143
00:52:26,920 --> 00:52:29,359
Speaker 1: your system out. But I also do it for another reason,

1144
00:52:29,400 --> 00:52:32,359
Speaker 1: which is, you know, most people don't do what they

1145
00:52:32,400 --> 00:52:34,719
Speaker 1: need to do. They know what they should do, but

1146
00:52:34,760 --> 00:52:36,440
Speaker 1: they don't do it. You know, they know what to do,

1147
00:52:36,480 --> 00:52:38,759
Speaker 1: but they don't do what they know right. So when

1148
00:52:38,800 --> 00:52:40,600
Speaker 1: I did early on, as I said, I want to

1149
00:52:40,640 --> 00:52:42,279
Speaker 1: train my brain that when I say we're doing this,

1150
00:52:42,400 --> 00:52:46,319
Speaker 1: I'm not negotiating with myself. Well do it tomorrow. So

1151
00:52:46,600 --> 00:52:48,759
Speaker 1: I get in every day for one reason to teach

1152
00:52:48,800 --> 00:52:50,440
Speaker 1: my brain. When I say we do it, we do it,

1153
00:52:50,480 --> 00:52:52,399
Speaker 1: and now it does. If I want to go make

1154
00:52:52,440 --> 00:52:54,879
Speaker 1: the run, I want to do the business thing. There's

1155
00:52:54,880 --> 00:52:58,440
Speaker 1: no hesitancy in me. There's no negotiation within myself, and

1156
00:52:58,480 --> 00:53:00,919
Speaker 1: that has enormous power. If you want to build things

1157
00:53:00,920 --> 00:53:02,719
Speaker 1: and create things and have an impact with people, you

1158
00:53:02,760 --> 00:53:05,719
Speaker 1: also do breathing exercises I do. I start every day

1159
00:53:05,760 --> 00:53:08,480
Speaker 1: with my first ten minutes. Is a form of meditation,

1160
00:53:08,560 --> 00:53:10,600
Speaker 1: sort of meditation. Like here's what I do. I do

1161
00:53:10,640 --> 00:53:13,440
Speaker 1: a radical change in my body because changing your breathing

1162
00:53:13,520 --> 00:53:15,920
Speaker 1: changes the way the brain works. If you study you

1163
00:53:15,920 --> 00:53:19,880
Speaker 1: know yoga, various esoteric sciences. The breath is like the

1164
00:53:19,920 --> 00:53:22,960
Speaker 1: string on a kite. The kite is your brain. If

1165
00:53:23,000 --> 00:53:25,560
Speaker 1: you change the breath, you change how the brain becomes engaged.

1166
00:53:25,680 --> 00:53:28,440
Speaker 1: So I do this radical explosive breathing. I do three

1167
00:53:28,440 --> 00:53:30,200
Speaker 1: sets of thirty and that changes my stake of it.

1168
00:53:30,280 --> 00:53:34,719
Speaker 1: I hear what radical explosive breathing, sounds like a little

1169
00:53:34,760 --> 00:53:36,239
Speaker 1: louder than that, harder than that. And I do thirty

1170
00:53:36,239 --> 00:53:39,600
Speaker 1: of them, right, I do thirty paws, thirty pause. Then

1171
00:53:39,640 --> 00:53:42,319
Speaker 1: I spend ten minutes, and I do three minutes where

1172
00:53:42,360 --> 00:53:44,640
Speaker 1: all the focus on our three things. I'm grateful for you.

1173
00:53:44,680 --> 00:53:47,439
Speaker 1: Now why it sounds man, be pam be gratitude? Who cares?

1174
00:53:48,120 --> 00:53:50,080
Speaker 1: The two emotions that screw us up? And you see

1175
00:53:50,120 --> 00:53:52,319
Speaker 1: them in our society right now are anger and fear.

1176
00:53:53,040 --> 00:53:55,640
Speaker 1: They'll screw up your business, they'll screw up your intimate relationship,

1177
00:53:55,719 --> 00:53:59,080
Speaker 1: they'll screw up your health. And their antidote is gratitude.

1178
00:53:59,520 --> 00:54:02,680
Speaker 1: You can't be grateful and angry simultaneously. It's impossible. So

1179
00:54:02,719 --> 00:54:05,160
Speaker 1: if you cultivate that gratitude, there's no anger there. You

1180
00:54:05,200 --> 00:54:10,000
Speaker 1: can't be fearful and grateful simultaneously. So by taking three

1181
00:54:10,000 --> 00:54:12,440
Speaker 1: minutes to start every day and bringing that up in

1182
00:54:12,480 --> 00:54:15,719
Speaker 1: my nervous system with real stuff, not positive thinking, I'm

1183
00:54:15,760 --> 00:54:17,839
Speaker 1: so happy and making it up a bunch of affirmations,

1184
00:54:18,120 --> 00:54:21,120
Speaker 1: I think about real situations and I make one really simple,

1185
00:54:21,160 --> 00:54:24,320
Speaker 1: like the wind on my face, my child smile. Because

1186
00:54:24,680 --> 00:54:26,960
Speaker 1: if you only train yourself to respond to big things,

1187
00:54:27,000 --> 00:54:28,440
Speaker 1: then you don't enjoy life. It's kind of like the

1188
00:54:28,440 --> 00:54:30,160
Speaker 1: astronauts that went to the moon came back. What do

1189
00:54:30,200 --> 00:54:31,719
Speaker 1: you do when your thirty five you went to the moon,

1190
00:54:31,760 --> 00:54:33,719
Speaker 1: you took the presence and the taper talk, you know,

1191
00:54:33,760 --> 00:54:35,560
Speaker 1: the ticker tape parade? What the hell do you do now?

1192
00:54:35,600 --> 00:54:37,960
Speaker 1: And most of them got addicted to drugs and alcohol

1193
00:54:38,160 --> 00:54:40,359
Speaker 1: because they found adventure only in a smile. They didn't

1194
00:54:40,360 --> 00:54:42,239
Speaker 1: find it and excuse me, I'm going to the moon

1195
00:54:42,360 --> 00:54:45,360
Speaker 1: versus a smile. So I do three minutes and I

1196
00:54:45,440 --> 00:54:47,720
Speaker 1: focus on it and I feel it like I'm there,

1197
00:54:47,840 --> 00:54:49,400
Speaker 1: and it makes my nervous system go. Then I do

1198
00:54:49,480 --> 00:54:51,920
Speaker 1: three minutes of prayer and kind of blessings if you

1199
00:54:51,960 --> 00:54:55,719
Speaker 1: went to my children, my family, my coworkers, my associates

1200
00:54:55,840 --> 00:54:57,960
Speaker 1: and people I meet on the street. And then my

1201
00:54:58,040 --> 00:55:03,600
Speaker 1: last tomorrow I promise I will. But then my last

1202
00:55:03,600 --> 00:55:05,600
Speaker 1: three minutes is kind of my three to three to

1203
00:55:05,680 --> 00:55:08,239
Speaker 1: five to thrive. I think of three things that I

1204
00:55:08,320 --> 00:55:10,239
Speaker 1: really want to accomplished that matter to me, and I

1205
00:55:10,320 --> 00:55:12,120
Speaker 1: see it and feel it is done and kind of

1206
00:55:12,120 --> 00:55:14,600
Speaker 1: celebrate it. And what that does is it sets up

1207
00:55:14,640 --> 00:55:18,680
Speaker 1: your brain where you're grateful instead of reactionary. You're loving

1208
00:55:18,800 --> 00:55:21,560
Speaker 1: to the people around you and yourself and bussing side,

1209
00:55:21,880 --> 00:55:24,040
Speaker 1: and you're clear what is you really want to make happen,

1210
00:55:24,040 --> 00:55:25,759
Speaker 1: and you're certain it's going to happen. And it takes

1211
00:55:25,800 --> 00:55:28,319
Speaker 1: ten minutes, And honestly, I'll usually go fifteen or twenty

1212
00:55:28,320 --> 00:55:30,640
Speaker 1: because it feels so good. But there's no excuse not

1213
00:55:30,719 --> 00:55:31,960
Speaker 1: to do it, because you know, if you don't have

1214
00:55:31,960 --> 00:55:33,680
Speaker 1: ten minutes, you've got a life. And so that's what

1215
00:55:33,840 --> 00:55:36,440
Speaker 1: I do. That and my jumping in that freezing water

1216
00:55:36,560 --> 00:55:40,680
Speaker 1: are my Yeah, no, I I use I lymphasize. I

1217
00:55:40,760 --> 00:55:44,439
Speaker 1: use a rebound er. Yeah, it moves your lymp the limp.

1218
00:55:44,600 --> 00:55:46,759
Speaker 1: You know, the heart and the blood is moved by

1219
00:55:46,800 --> 00:55:49,359
Speaker 1: the heart, but the lymph has very little that can

1220
00:55:49,400 --> 00:55:52,480
Speaker 1: move it around other than strong explosive breath, strong breathing

1221
00:55:52,480 --> 00:55:55,520
Speaker 1: and movement exercise. So the lemp is critical. It's the

1222
00:55:55,600 --> 00:55:57,840
Speaker 1: detoxication system of your body. So bouncing out a rebound

1223
00:55:57,880 --> 00:55:59,440
Speaker 1: or allows you to move the limp, but it doesn't

1224
00:56:00,000 --> 00:56:01,480
Speaker 1: when you hit the ground, you don't have the impact.

1225
00:56:01,520 --> 00:56:02,959
Speaker 1: That's part of them. I don't know about you, Brian,

1226
00:56:03,000 --> 00:56:05,040
Speaker 1: but I'm going to do those three things tomorrow and

1227
00:56:05,560 --> 00:56:10,080
Speaker 1: I don't have a trampoline, but see if to do

1228
00:56:10,120 --> 00:56:14,759
Speaker 1: that either people you're grateful. Is the gratitude thing, which

1229
00:56:14,800 --> 00:56:21,239
Speaker 1: my husband says I should do more, and the prayers

1230
00:56:21,400 --> 00:56:24,200
Speaker 1: and then the intentions. Yeah, the three things you're committed to, right,

1231
00:56:24,360 --> 00:56:26,640
Speaker 1: but seeing it as done failure has done. It's really simplistic.

1232
00:56:27,080 --> 00:56:30,400
Speaker 1: But when you do it every day, it reinforces that.

1233
00:56:30,840 --> 00:56:32,440
Speaker 1: You also just got to think about we all do

1234
00:56:32,480 --> 00:56:34,239
Speaker 1: what we've trained our nervous system to do. If you

1235
00:56:34,440 --> 00:56:36,080
Speaker 1: bitch all the time, you're gonna bitch all the time.

1236
00:56:36,080 --> 00:56:37,759
Speaker 1: If you're grateful a the the time, you're grateful a time.

1237
00:56:37,800 --> 00:56:39,719
Speaker 1: If you're we all know people that are funny no

1238
00:56:39,719 --> 00:56:41,920
Speaker 1: matter what happens, right, you know, and how do they

1239
00:56:41,920 --> 00:56:43,520
Speaker 1: do it? They wired themselves to do it. So why

1240
00:56:43,560 --> 00:56:47,320
Speaker 1: not wire yourself for higher emotional states that will affect

1241
00:56:47,360 --> 00:56:49,799
Speaker 1: your family and your businesses and your co workers and

1242
00:56:49,800 --> 00:56:52,080
Speaker 1: associates as opposed to just showing up and hoping you

1243
00:56:52,120 --> 00:56:55,520
Speaker 1: feel good with an environment that if you turn on anything,

1244
00:56:55,560 --> 00:56:57,520
Speaker 1: if this thing is following you, you're probably gonna be

1245
00:56:57,600 --> 00:56:59,799
Speaker 1: unhappy because all I gotta do is open us up

1246
00:56:59,800 --> 00:57:01,920
Speaker 1: and the be Twenty things about Trump and twenty things

1247
00:57:01,960 --> 00:57:05,640
Speaker 1: about the record show. He is holding his iPhone. I

1248
00:57:05,680 --> 00:57:08,880
Speaker 1: feel like, of what Tony Robbins does, I will be

1249
00:57:08,960 --> 00:57:13,440
Speaker 1: a hugely successful person. That's for damn. I mean, you're amazing. Really,

1250
00:57:13,600 --> 00:57:15,200
Speaker 1: you guys are sweet. Now, we all we all have

1251
00:57:15,200 --> 00:57:17,200
Speaker 1: our gifts, and I'm just clear what my mission is.

1252
00:57:17,280 --> 00:57:19,080
Speaker 1: I think you're clear about yours. And I don't know

1253
00:57:19,120 --> 00:57:20,680
Speaker 1: you well enough to know, but it sounds like you've

1254
00:57:20,680 --> 00:57:24,080
Speaker 1: found a partner here and stil figuring it out Brian,

1255
00:57:24,160 --> 00:57:27,080
Speaker 1: and Brian is clear as well. That's wonderful. All right, Well,

1256
00:57:27,080 --> 00:57:30,120
Speaker 1: thank you so much for pick up the book, because

1257
00:57:30,120 --> 00:57:32,120
Speaker 1: we're going to feed another hundred million people. That every

1258
00:57:32,160 --> 00:57:34,480
Speaker 1: book will feed fifty people. All the profits are going

1259
00:57:34,520 --> 00:57:37,600
Speaker 1: to Yeah, last time we sold a million copies in

1260
00:57:37,680 --> 00:57:40,240
Speaker 1: hardbackup money Master the Game, so we've had fifty million people.

1261
00:57:40,240 --> 00:57:42,640
Speaker 1: But I'm donating it regardless, even if you don't buy

1262
00:57:42,680 --> 00:57:45,480
Speaker 1: the book people for yourself. If people are interested in

1263
00:57:45,560 --> 00:57:48,280
Speaker 1: learning more about your charity and about what you do

1264
00:57:48,320 --> 00:57:50,400
Speaker 1: to feed people all over the globe, how do they

1265
00:57:50,440 --> 00:57:52,800
Speaker 1: do that? They can go to feeding America dot org

1266
00:57:53,040 --> 00:57:55,480
Speaker 1: and you can look up to Tony Robbins. Hundred million

1267
00:57:55,520 --> 00:57:57,000
Speaker 1: more they call it because every year we did another

1268
00:57:57,080 --> 00:57:59,680
Speaker 1: hundred million. It's a billion person challenge basically, or you

1269
00:57:59,720 --> 00:58:01,720
Speaker 1: go to my website at Tony Robbins dot com. So

1270
00:58:01,840 --> 00:58:09,880
Speaker 1: fun to have you Tony Well listeners. That does it

1271
00:58:09,920 --> 00:58:12,320
Speaker 1: for our little summer break our episodes from the vaults.

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00:58:12,400 --> 00:58:15,160
Speaker 1: Next week we'll be back with a fresh podcast, hot

1273
00:58:15,160 --> 00:58:18,040
Speaker 1: off the presses. Thanks to our producer, Gianna Palmer, our

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00:58:18,080 --> 00:58:22,440
Speaker 1: assistant producer Nora Richie Jared O'Connell who mixes and engineers

1275
00:58:22,480 --> 00:58:24,600
Speaker 1: the show, and a big thank you to my assistant

1276
00:58:24,640 --> 00:58:27,400
Speaker 1: BETHA Mos for all she does to keep my life

1277
00:58:27,560 --> 00:58:31,120
Speaker 1: and your life as well briant together. We all have. Beth.

1278
00:58:31,320 --> 00:58:33,920
Speaker 1: Mark Phillips wrote our theme music. Katie Curic and I

1279
00:58:34,000 --> 00:58:37,160
Speaker 1: are the show's executive producers. Remember the lines are open

1280
00:58:37,280 --> 00:58:40,360
Speaker 1: over at comments at currect podcast dot com. We'd love

1281
00:58:40,400 --> 00:58:43,720
Speaker 1: to hear your questions, feedback, guest ideas, or whatever else

1282
00:58:44,200 --> 00:58:46,480
Speaker 1: might be on your mind. Or leave us a voicemail

1283
00:58:46,720 --> 00:58:49,760
Speaker 1: at nine to nine to four four six three seven.

1284
00:58:50,200 --> 00:58:53,320
Speaker 1: I'm on social media in all the usual places, most

1285
00:58:53,360 --> 00:58:57,120
Speaker 1: often Instagram. Just search Katie Couric and I tweet over

1286
00:58:57,160 --> 00:58:59,640
Speaker 1: at Goldsmith be and Folks, if you like our show,

1287
00:58:59,720 --> 00:59:03,040
Speaker 1: please ease rate and review us on Apple Podcasts, don't

1288
00:59:03,080 --> 00:59:06,080
Speaker 1: forget to subscribe as well, and helps more people find

1289
00:59:06,120 --> 00:59:09,600
Speaker 1: out about our show. Thanks so much for listening as always,

1290
00:59:09,840 --> 00:59:15,440
Speaker 1: and we'll talk to you next week. Bye, Katie. When

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Speaker 1: dead Beats, It's Gabby Gabby Done, host of Bad with Money.

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Speaker 1: I had the Bad with Money book come out in January.

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Speaker 1: I'm super stoked for season four. This season, we're going

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Speaker 1: amazing people and getting the big picture about money and

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Speaker 1: billionaire when somebody who's working as a janitor or working

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Speaker 1: in Walmart, or teacher or a teacher, yeah it certainly.

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Speaker 1: Or a teacher who may be working just as many

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Speaker 1: hours as you, may be just as smart as you like.

1313
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Speaker 1: Does that make it okay that you have so much?

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Speaker 1: I get paid once a month, so my my check

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Speaker 1: season four. Listen and stitch your Apple podcasts or wherever

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Speaker 1: you get your podcasts