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Speaker 3: Let's talk about penalts. Here stock prices of seventy eight percent.
Speaker 3: You had a date and they just land another seven
Speaker 3: hundred and ninety five million dollars federal contract. If you
Speaker 3: don't know, palent here is the defense AI defense company.
Speaker 3: They're the ones that's supplying all the drones here internationally
Speaker 3: all over. Okay, is this the next in video? As
Speaker 3: far as the run like the run that we saw
Speaker 3: with in video a couple of years ago is pound here,
Speaker 3: the next run like.
Speaker 4: That in video is the second greatest returning asset. Next
Speaker 4: to bitcoin if you look over a ten year period.
Speaker 4: So I'm not sure if they'll be there, but I
Speaker 4: do think that they may be the new Tesla for
Speaker 4: ELI went off the rails, So I will look at
Speaker 4: this like like the twenty eleven twenty ten moment. They
Speaker 4: are on fire. I can see them getting to one
Speaker 4: fifty eight by the end of the year if things
Speaker 4: remain the same. I do think they're having an amazing run.
Speaker 4: Still morally don't love to invest into them, but if
Speaker 4: you're looking for a potential exer price, if that's going
Speaker 4: to be a point of contention, by the end of
Speaker 4: the year, one p fifty eight is where I think
Speaker 4: they should land.
Speaker 2: And I think they're probably one of the best run companies.
Speaker 4: And since there isn't any more quantitative easing, notice that
Speaker 4: we are not building more social apps, we are building
Speaker 4: more data and apps. We're building real things that have
Speaker 4: an impact in the real world. And I think pallunteer
Speaker 4: at a time when it was not sexy to be
Speaker 4: in a space when quantitative easing was afloat. They found
Speaker 4: their footing as the economy has changed, so they've done
Speaker 4: it a tremendous job.
Speaker 2: Maybe not the new in Video. But I do think
Speaker 2: they are the new Tesla. That's fair comparison.
Speaker 1: The market cap is at three hundred and twenty eight billion,
Speaker 1: and you're right, like, if it has a run like
Speaker 1: a Tesla run, you can you can see that getting
Speaker 1: up two once trillion. Yeah, I mean defense decond, We've
Speaker 1: seen the power of it. It's going to lead the
Speaker 1: way for the for the their future and the long
Speaker 1: term future. I'll be interested in seeing the cybersecurity sector
Speaker 1: as well. When when we talk about we talk about
Speaker 1: it from a defense standpoint, but the security around it
Speaker 1: is going to be important too, So I'll be interested
Speaker 1: in seeing that.
Speaker 2: But yeah, I think that was probably the most accurate.
Speaker 1: I don't know if in Video, which is on pace
Speaker 1: to be at four trillion, presumably by the end of
Speaker 1: this month. Yeah, hopefully right, for all sakes, we'll be
Speaker 1: happy to see that first time in history that that
Speaker 1: has happened.
Speaker 2: I don't know if it does that just because the
Speaker 2: use case is so radically different.
Speaker 1: Yeah sure, Yeah, it's just such a it's just a
Speaker 1: drastic difference in what they're being used for.
Speaker 2: But yeah, I think this is this will be a
Speaker 2: trillion dollar company.
Speaker 4: Three year target price two hundred and thirty five.
Speaker 2: I want to be the first on record to say it.
Speaker 4: I don't want to hear all in the morning taking
Speaker 4: my take on other platforms, but two thirty five fifty
Speaker 4: seven is where I happened in three years. UH entry
Speaker 4: point for pallunteer. I like one twenty seven ninety nine.
Speaker 4: If you're holding for long term one twenty seven ninety nine.
Speaker 3: You heard them seven ninety nine, Ladies and gentlemen, bigcoin.
Speaker 3: How much crypto should somebody holding their portfolio.
Speaker 4: I'm gonna be on the record and say that the
Speaker 4: sixty to forty bonds split instead to any advisor who
Speaker 4: emails you and tells you otherwise, I'm sorry. I can't
Speaker 4: get a real answer what's going on with the BIB market.
Speaker 4: I do think at this point it's inevitable and highly
Speaker 4: advisable for at least twenty percent of your portfolio to
Speaker 4: be into cryptocurrency if we're just looking over a return basis,
Speaker 4: and I'm not mentioning all coins. I'm talking about that
Speaker 4: the big three. If you look at Ray Dalyio's All
Speaker 4: Weather portfolio strategy, the last asset class to be added
Speaker 4: was crypto. But it's given the most return, it would
Speaker 4: behoove you to have at least twenty percent in.
Speaker 2: You don't.
Speaker 4: I don't think you have to be one hundred percent
Speaker 4: in if you don't believe in it in that fashion.
Speaker 4: But I think to focus sixty or forty percent on
Speaker 4: bonds that would be a mistake. I will replace that
Speaker 4: with twenty percent crypto, twenty percent gold. If you're looking
Speaker 4: for a hedge, and the reciping equities twenty percent.
Speaker 2: That's it.
Speaker 4: That's according to the prices that And I know y'all
Speaker 4: like to re write history. I did call twenty.
Speaker 2: Thousand well documented, well documented. You don't have to like
Speaker 2: me or whatever the case, but those levels were key.
Speaker 4: If you've got in and you just put in twenty
Speaker 4: percent of your portfolio from their return, we're at a
Speaker 4: multiple five from.
Speaker 1: There, right Because I think Chris Johnson said this too, man,
Speaker 1: And if you didn't check out that that episode of
Speaker 1: Market Money is please go check that out. Cra like
Speaker 1: the beautiful thing about crypt bitcoins that the price it
Speaker 1: is today, it won't be in five years. So I remember,
Speaker 1: and historically that data has proven its proven that, and
Speaker 1: I remember we started doing this show. This is going
Speaker 1: on year six now, but we used to say like
Speaker 1: five percent between two to five percent, and as this
Speaker 1: thing is conned up, it's becoming overwhelmingly clear, like wait,
Speaker 1: we got to make an adjustment. So the original was
Speaker 1: like twenty five percent of having exposure to biitcoinin Yeah, yeah, I.
Speaker 4: Remember when I thought a bigcoin being at five hundred
Speaker 4: bucks is a lot like okay, twenty fifteen at two
Speaker 4: sixty July fourth, twenty sixteen, six seventy five, twenty seventeen
Speaker 4: to two point six k, twenty eighteen six point six K,
Speaker 4: twenty twenty at nine point one K, twenty twenty one
Speaker 4: at thirty five K.
Speaker 3: Somebody say, Ian, do you expect another ten to fifteen
Speaker 3: percent pull back before the end of the year.
Speaker 4: If you go to inininvest dot com and enjoining red Pandemic,
Speaker 4: you would know exactly my thoughts on the price to
Speaker 4: be able to get in if I've made you money,
Speaker 4: put yes and chat back.
Speaker 2: To you for shot control. Thank you fancying that clearly.
Speaker 1: This so next year, by that four year cycle of bitcoin,
Speaker 1: next year was supposed to be there, Well you might
Speaker 1: see a pullback based on that after having we there's
Speaker 1: like that cycles that we broke down, so it would
Speaker 1: be next year.
Speaker 2: So we'll see. We'll see this year. It should. It's
Speaker 2: still have some appreciation in there's always pullbacks.
Speaker 5: Yeah again, part of it you need that so, but
Speaker 5: the deep pullbacks of dropping thirty five and forty percent,
Speaker 5: given the institutional involvement, that's gonna be rough to head
Speaker 5: it again.
Speaker 4: I think we'll never see a twenty five thousand bitcoin
Speaker 4: ever again. In life twenty eight thousand.
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