Speaker 1: Everyone, Welcome to another episode of the Market Disruptors Show. Today,
Speaker 1: I am sitting down with Robert Kiyosaki, who doesn't need
Speaker 1: much of an introduction. He's been a massive influence in
Speaker 1: my life. Um, A lot of you have said that
Speaker 1: I talk a lot of topics that sound like Kiyosaki,
Speaker 1: and so now you know why. So anyway, Robert, thank
Speaker 1: you so much for joining us. Thank you, and I'm
Speaker 1: I'm I'll send you a check for all all those
Speaker 1: books you bought from me. Thank you. That's that's the
Speaker 1: happiest part of this business. Yes, you know, I'm sure
Speaker 1: for you too. When you see guys say thank you
Speaker 1: it changed my life, it is. But when you can
Speaker 1: actually improve somebody's life, that's the joke. That's the joy,
Speaker 1: you know, it is it is. I get a lot
Speaker 1: of comments like that, and I love everyone. Um yeah,
Speaker 1: So what Robert's talking about. Before we started recording, I
Speaker 1: was showing him my collection, which is not all of them.
Speaker 1: This is just a parcel collection. These are the more
Speaker 1: obscure books that I have of his that probably most
Speaker 1: people haven't read. Um, so that's kind of what he's
Speaker 1: talking about. But I have read a lot of what
Speaker 1: you've done. Um. Normally, in the beginning, I asked people
Speaker 1: to give us a kind of a background on who
Speaker 1: they are. But you don't need that introduction, so it's
Speaker 1: going to jump right into it. Um. As I said,
Speaker 1: I told you offline. You know, your book was probably
Speaker 1: one of two of the most influential ones for my life,
Speaker 1: one being Think and Grow Rich and one being Rich Dad,
Speaker 1: Poor Dad. And the reason why is because those books
Speaker 1: weren't about tactics or anything specific. It was more about
Speaker 1: a different way to think. And by changing my thinking,
Speaker 1: it allowed me to now start to go get that
Speaker 1: information that I needed on the more tactical level. Um.
Speaker 1: And it seems like you're you know, you're an educator,
Speaker 1: so you talk about things from a high level. Is
Speaker 1: that how you see things? Like? You just want to
Speaker 1: open people's minds so they can dive in. Are you
Speaker 1: here that right on the head. It's not about what
Speaker 1: to do, it's how to think. You know. The reason
Speaker 1: so many people are in massive financial trouble today, I
Speaker 1: mean he might have I was showing this picture here.
Speaker 1: This is the story of my rich dad and poor dad.
Speaker 1: You know, one had a financial state, one had a PhD.
Speaker 1: That was poor dad, and that was the most important
Speaker 1: thing in his life. He spent his life getting it.
Speaker 1: And then this here is my rich dad. It was
Speaker 1: a financial statement. And see my poor dad here when
Speaker 1: he lost his job. He's an honest man, and he
Speaker 1: was in politics. Unfortunately, you cannot be honest in politics.
Speaker 1: He got his butt handed to him. And so that's
Speaker 1: when I decided. I was in Vietnam at the time
Speaker 1: when he got when he got me, lost his job,
Speaker 1: and I realized I was going to follow this guy. Here.
Speaker 1: It's a financial statement. This is your report card when
Speaker 1: you grow up. But nine pc of the people don't
Speaker 1: have a financial state. So anyway, the reason people are
Speaker 1: in so much trouble as they do what people like
Speaker 1: my we're dad taught them. They went to school, they
Speaker 1: got a job, they work hard, they save money, they
Speaker 1: pay taxes, and they invest in a four one K.
Speaker 1: I'm going, holy moly, yeah, you're just losers. But you know,
Speaker 1: I mean, Mark, you know how many years I've been
Speaker 1: saying that, and I get attacked the good things social
Speaker 1: media wasn't around earlier now because the mob would have
Speaker 1: come after me, or what do you call those the trolls?
Speaker 1: Would have just wipe me out. Cancel mob, cancel culture,
Speaker 1: cancel culture. Yeah. Yeah, yeah, So it is how you
Speaker 1: think and that's nothing to do about anything else. Yeah,
Speaker 1: And that's exactly right. And I think so many people
Speaker 1: missed that. I see them commenting on my videos and
Speaker 1: I see them. I've got several hundred comments of people
Speaker 1: telling me or giving me ideas of questions to ask you.
Speaker 1: And a lot of people wonder why you don't get
Speaker 1: more specific. But it's not about giving people to fish, right,
Speaker 1: It's about teaching people how to fish, because if you
Speaker 1: know how to fish, will never go hungry. Right. I
Speaker 1: guess that's it's more than that you ever come to
Speaker 1: my office, which I think you and George Gammon will
Speaker 1: be in town and Phoenix and say you'll come and
Speaker 1: see I have a big bust of Einstein, Okay, And
Speaker 1: and and it says imagination is more important than knowledge.
Speaker 1: They think about imagination knowledge life, and what happens is
Speaker 1: without that knowledge, you can't convert your imagination. See knowledge
Speaker 1: processes imagination. So what I do and what you do
Speaker 1: is we have the knowledge to take what we think
Speaker 1: about think and grow Rich was a fabulous book and
Speaker 1: we confort out to cash. But the average person, since
Speaker 1: they don't have that knowledge because they went to school,
Speaker 1: they got a job, they save money to get out
Speaker 1: of debt and then invest in the stock market. You
Speaker 1: know what, they're four oh one k. They lack knowledge.
Speaker 1: That's the problem, and so they want us to give
Speaker 1: them the answer. And it's infinite. You know, there's so
Speaker 1: many different ways you can get rich. Why would you
Speaker 1: follow my way? Right? Yeah, that's a great point. Um,
Speaker 1: there're so just for all the listeners right now, there's
Speaker 1: so many questions that I have um to ask you
Speaker 1: that we're going to try and get through. So if
Speaker 1: you're listening, we're gonna talk about how to use business
Speaker 1: and investing for cash flow. We're gonna dig into gold,
Speaker 1: We're gonna talk about bitcoin and other digital currencies. I
Speaker 1: want to talk about where we see the market going
Speaker 1: and what we should be doing to diversify and protect ourselves.
Speaker 1: But before we dive into that, you just brought up
Speaker 1: a good point that I want to ask you about.
Speaker 1: It wasn't on my list of questions, but you've been
Speaker 1: an educator for a long time, and you talk about
Speaker 1: how the system was giving us the wrong information go
Speaker 1: to school, get a good job, safer retirement, and that's broken.
Speaker 1: And we know it's broken because half of baby boomers
Speaker 1: have zero dollars of savings. It didn't work. So my
Speaker 1: question is, um, you've been doing this education for a
Speaker 1: long time because people have been hearing and learning the
Speaker 1: wrong thing for a long time. But how has it
Speaker 1: changed over the last twenty or so years you've been
Speaker 1: doing this. It seems to me that the education gap
Speaker 1: as getting worse and not better. What do you see?
Speaker 1: You're asking a very loaded question because I'll probably get
Speaker 1: pillared by the trolls. You know, I know you're not afraid. Well,
Speaker 1: I was, Like I said, I went to Vietnam twice
Speaker 1: nineteen sixty six and the nine it was in Vietnam
Speaker 1: where I actually discovered gold. You know, my fresh dad said, hey,
Speaker 1: watch out, mixing took the dollar off the gold standard
Speaker 1: and also pilot off the aircraft carriers. And so my
Speaker 1: co palette I flew behind under the lines proving Moraines
Speaker 1: aren't the brightest guys on earth. Because the n v A,
Speaker 1: the rothe his arm I had overrun the gold mine.
Speaker 1: What the heck? You know, we'll just go unarmed and
Speaker 1: we'll go out there with money my captain's So we
Speaker 1: went up to the gold window and she turned us down.
Speaker 1: And what the heck is going on here? So that's
Speaker 1: where my education really really began by making mistakes. But
Speaker 1: I never thought it would get this bad. I cannot
Speaker 1: believe how much money we've printed. I knew you never
Speaker 1: printing money. In seventy two, that's when I bought my
Speaker 1: first goal coin as a cruger and in Hong Kong
Speaker 1: because it was illegal for Americans to own goal until
Speaker 1: seventy So I buy my Cruger and I'm not a
Speaker 1: criminal to smuggle this little goal coin into America, and
Speaker 1: I'm going kipasa. You know what's happening in America? What
Speaker 1: I had no idea how much money they would print,
Speaker 1: you know, the FED and the Treasury and on Wall
Speaker 1: Street and the banks. It's it's a criminal cartel. It is.
Speaker 1: George Gavin and I were just in jackal One, where
Speaker 1: the FED was created. It was kind of, oh my god,
Speaker 1: this is the place, you know. Yeah, but we have
Speaker 1: to have we have to wake up because we're being
Speaker 1: ripped off, pure and simple. We're being screwed by the FED,
Speaker 1: by the banks, by Wall Street and everybody else. Yeah,
Speaker 1: and what I like to say is that no one's
Speaker 1: coming to save you. As a matter of fact, the
Speaker 1: system is loaded against you, and so we need to
Speaker 1: take responsibility for our own selves in order to set
Speaker 1: ourselves up and almost against the world that's working against us. Right, Um,
Speaker 1: so let's let's talk about that a little bit. So
Speaker 1: your framework is really built off of this cash flow quadrant,
Speaker 1: which really says, you know, if you're stuck in as
Speaker 1: an employee, you're never going to get ahead, and you
Speaker 1: need to kind of move through the quadrant. And really
Speaker 1: it's the right side of the quadrant or we want
Speaker 1: to be, which is a business owner and then an investor,
Speaker 1: And so that's where we should be trying to get to.
Speaker 1: We want to be have a business to earn income
Speaker 1: and then investing the income that comes in, and that's
Speaker 1: the secret, right. Yeah, So let let make sure this
Speaker 1: is rich dad, poor dad, diploma versus financial statement. And
Speaker 1: this here is book number two is a casual quadrant.
Speaker 1: So I like pictures. You know, I flunked that high
Speaker 1: school twice, like George, we're not good at school. But anyway,
Speaker 1: this is poor dad over here, go to school and
Speaker 1: get a job. And my mom wanted to become a doctor,
Speaker 1: you know, a specialist. And I said, hey mom, I'm
Speaker 1: flunking out of school. She goes, you're right, you better
Speaker 1: not because don't become a doctor, you're not gonna make it,
Speaker 1: you know. And so this is my mom and dad's side,
Speaker 1: and this was rich dad's side here. So B stands
Speaker 1: for big business five employees or more. But mark there's
Speaker 1: one more word attached to that is called a brand.
Speaker 1: You see when when when people ask me, what is
Speaker 1: what are you? What's your net worth? I said, what
Speaker 1: is my brand? Worth? Right? It's worth billions because I
Speaker 1: am all over the world that's not in the state.
Speaker 1: And I stands for inside investor. You see, when you
Speaker 1: buy a stock border mutual fund, you're outside. And so
Speaker 1: the thing is is I always wanted to be the inside.
Speaker 1: So my poor, my poor dad and my poor mom
Speaker 1: are great people. They're always on the outside. They didn't
Speaker 1: know how they're being screwed. And so what I had
Speaker 1: to do, you know, once I bought that gold coin
Speaker 1: in Hong Kong after flying looking for a golden Vietnam,
Speaker 1: I wanted to come across onto this side. This was
Speaker 1: rich dad side, right, So I knew I had to
Speaker 1: build a brand. Now. It took me years to do it.
Speaker 1: I failed so many times. But you know, I don't know.
Speaker 1: People don't even know. It's New York Times took me
Speaker 1: off the best seller list because I was on for
Speaker 1: almost seven years. I said I'd be fair. Let somebody
Speaker 1: else get on there. It's still on the best seller
Speaker 1: list internationally. But you know those comic pink called liberal left,
Speaker 1: for that's just Marxist. They don't like it if you're
Speaker 1: talking about capitalism and getting it rich hate. You know,
Speaker 1: they'd rather have you aoc Causio Quartez and Bernie Sanders
Speaker 1: and all that. And they're entitled to their point of view, right,
Speaker 1: I'm a capitalist, I'm not a socialist, and I was
Speaker 1: killing communists. So if I want to kill communists, I
Speaker 1: should just come home to the States right here. I
Speaker 1: don't get read for that one too, you know. Yeah, well,
Speaker 1: so we we want to move to the right side
Speaker 1: of that, which is the business owner. So we want
Speaker 1: to have a business that gives us leverage um over
Speaker 1: our time, over other people's time, and allows us to
Speaker 1: create the income and then take the income and invest
Speaker 1: it into the investment quadrant, which is then should be
Speaker 1: providing us with cash flow to live so we don't
Speaker 1: have to work anymore. Well, I think you're already doing it, Jorge.
Speaker 1: You know, Mark, that's my business. I build assets, right,
Speaker 1: So you look at rich Dad, poor dead. I have
Speaker 1: no money into the book, and it sells a million
Speaker 1: copies a year at five dollars a book. Now the
Speaker 1: math is tough. That's five million dollars a year just
Speaker 1: from one book. So the cash is flowing this way.
Speaker 1: The reason I went into real estate is because I'm
Speaker 1: an insert I cannot do this in stocks. So I
Speaker 1: come onto the inside here and so let's have a
Speaker 1: million here. I come down here, and I'm marryed with
Speaker 1: four million dollars in debt. So I buy a five
Speaker 1: million dollar real estate property. That throws off cash flow. Right.
Speaker 1: But because I've stepped up my basis from one million
Speaker 1: to five million, but four million in debt, I depreciate it.
Speaker 1: And because I depreciate it, I pay no taxes. And
Speaker 1: that's what Trump is saying. And they said, you only
Speaker 1: pay seven hundred fifty dollars in taxes. I said, because
Speaker 1: he's a real estate guy right on the reasons you
Speaker 1: get into real estate. It's not two reasons for real
Speaker 1: estate debt. I used debt to buy and then I
Speaker 1: pay no taxes and then the cash flow is tax free.
Speaker 1: It's common sense. But that's what my rich dad taught me,
Speaker 1: and my poor dad and mom on this side is
Speaker 1: to get a job and go to school and work
Speaker 1: hard and save money and pay taxes. That's not what
Speaker 1: I want to do. But it's a free country. You
Speaker 1: can do what you want to do. Yeah, you can.
Speaker 1: Everyone's free to overpay if they want. Um. Years ago, Um,
Speaker 1: one of your rich dad advisors had wrote this book,
Speaker 1: and uh, this book was very eye opening and uh
Speaker 1: kind of influential in my life as well. And I
Speaker 1: and I and I marked this book up with hundreds
Speaker 1: of little notes, and I gave it to my c
Speaker 1: p A and he's like, yeah, I'm like what so
Speaker 1: when you talk about taxes, that makes sense, but I
Speaker 1: don't want to dig into the tax I'm so glad
Speaker 1: you said that. You see, most people think they're CPAs
Speaker 1: are smart, right, you see, most c p a s
Speaker 1: are on this side. They don't understand this. It's really
Speaker 1: how this is this is how you look at the world.
Speaker 1: And I've gone through so many c p a s
Speaker 1: because you know, they're the village idiots. I want you
Speaker 1: to pay taxes, I said. The only only one reason
Speaker 1: I hire an account because I don't want to pay taxes.
Speaker 1: And so I would go and hire these accountants. And
Speaker 1: they say the best way what you should do is
Speaker 1: pay more taxes, and I said, you're fired. If you
Speaker 1: can understand that, if your listeners can understand that, you've
Speaker 1: got to choose your advisors very wisely. So it's very
Speaker 1: smart of you to buy that book because Trump and
Speaker 1: I don't pay taxes legally. And now people go nuts
Speaker 1: and said, well, you're an American and all that is
Speaker 1: a Hey, sweetheart, I went to Vietnam twice. You call
Speaker 1: me out American, I'll kill you. Yeah. I mean, it's
Speaker 1: just the way Marines think. Yeah, it's not that you're
Speaker 1: an American, you're uneducated. Yeah. And you know, I've made
Speaker 1: the point that, um, the government's your partner, whether you
Speaker 1: like it or not. They're gonna take half your income
Speaker 1: or whatever that percentage is. But the government has policies
Speaker 1: and they're trying to get people housing to live in
Speaker 1: and they're trying to get people jobs, and so they
Speaker 1: have these policies and um. In order to get people
Speaker 1: to do those things, they offer them incentives. It's the character, right,
Speaker 1: So if you help us provide housing for low income people,
Speaker 1: will give you tax breaks. If you provide jobs, will
Speaker 1: give you tax breaks. And not only that, if you
Speaker 1: drill for oil, we'll give your big tax breaks because
Speaker 1: oil lobby is very, very strong, right, So I like
Speaker 1: to look at them not as loopholes, which seems like
Speaker 1: a dirty word, like you're trying to sneak out of it.
Speaker 1: But really, I'm just doing what the government wants me
Speaker 1: to do. They're incentivizing me to do. Hey, Mark, take
Speaker 1: all the other show, you got it. I'm very you know,
Speaker 1: there was an all all TV programs starting with Kikumo
Speaker 1: with David karedy okay uh and then and so the
Speaker 1: old mass so says grasshopper. Right, So so Carrotane was
Speaker 1: a grasshopper going across American West killing people with his hands.
Speaker 1: But yeah, very good, grasshopper, you got it, Thank you,
Speaker 1: thank you. It means a lot now I'm digging through that. So,
Speaker 1: being a business owner and an investor, we were really
Speaker 1: looking to invest into. As you said, assets, So obviously
Speaker 1: businesses are assets and intellectual property in your businesses assets. Um.
Speaker 1: You've obviously talked a lot about real estate and getting
Speaker 1: cash flow. Um, what are some other assets that you like?
Speaker 1: I know recently you started to talk a lot about gold. Um. Well,
Speaker 1: I started, I started buying. I started in silver in
Speaker 1: nineteen sixty four. Reason sixty four is a key date.
Speaker 1: That was a year they turned. They took the US
Speaker 1: silver coins, and they did exactly as the Roman the
Speaker 1: Romans did in the Roman Empire. They based it. They
Speaker 1: asked nicol and other cheap base medals. That's why it's
Speaker 1: called base debasing. So all of a sudden, I'm I'm
Speaker 1: a little kid in seventeen years old. I'm looking at
Speaker 1: my coins and they got compert tintions wrong, and that
Speaker 1: that went into Gresslam's law. And Greslam's law says when
Speaker 1: fake money enters a system, good money goes into hiding.
Speaker 1: So I didn't know this. You know, I'm just a
Speaker 1: little kid in a little town called Heilo, Hawaii. I
Speaker 1: take my dollar, I go down to the bank and
Speaker 1: I buy a roll of dimes and stuff like this,
Speaker 1: and I'd sit there and look for the real silver coins,
Speaker 1: and I would take them aside and I give the
Speaker 1: coins back. I give the fake coins back to my banker.
Speaker 1: It was my neighbor. I have no idea what I
Speaker 1: was doing, says, why are you collecting these? Guy says,
Speaker 1: I'm a coin collector. But what I was doing was
Speaker 1: saving a a bag full of base medals, dimes, quarters,
Speaker 1: half dollars. They were real silver. And today you can
Speaker 1: buy the bags of that stuff because it's more valuable
Speaker 1: than the fake silver coins that came out in the
Speaker 1: sixty four And then that's when in Vietnam, I was
Speaker 1: flying out there and I went Americ gonna look for gold,
Speaker 1: and I had no idea what gold looked like because
Speaker 1: up until seven four, it was illegal for Americans to
Speaker 1: own gold. So today I save silver, gold, and bitcoin
Speaker 1: because they're outside the Fed Wall Street and the banking system.
Speaker 1: I am an outsider. I am a rebel outside. I
Speaker 1: refused to get sucked into that swamp. You know. So
Speaker 1: so so in the in the cash flow quadrant on
Speaker 1: the investor, you want to be the insider, but when
Speaker 1: it comes to getting out of the monetary system, you
Speaker 1: want to be an outsider. Correct. I want to. I
Speaker 1: want nothing to do with the monetary or the stock market.
Speaker 1: There's nothing wrong with the stock market. I don't like
Speaker 1: to play it because I'm not good at it. I'm
Speaker 1: taking two companies public, and you know, like they say,
Speaker 1: once you see sausage being made, you'll never eat the stuff,
Speaker 1: all right? You ever saw what went into taking a
Speaker 1: company public through an I p O. I won't touch stocks.
Speaker 1: It's it's completely manipulated. Okay, I'm a control freak, right,
Speaker 1: That's why I stay small. I want to. I want
Speaker 1: to hold onto my goal sover bitcoin. I don't want
Speaker 1: gold sover ets. Nothing wrong with them, but they're playing
Speaker 1: games with them. Sure, and yeah, the golden silver ets
Speaker 1: are definitely something they're playing games with and you can't
Speaker 1: trust that they're really backed by gold and those things.
Speaker 1: What about gold mining stocks which are paper and their stocks, well,
Speaker 1: like I said, once you see sausage being made, you
Speaker 1: don't touch it. You know even that? No, no, no,
Speaker 1: I have. I have a lot of gold mining stocks,
Speaker 1: I have silver stocks those things. Some of them might
Speaker 1: buy through ets simply because I'm not good at it.
Speaker 1: But I took two companies public, one from Argentina, one
Speaker 1: from China, and the gold mine in China still in China.
Speaker 1: They took it from me. Yeah. So when they when
Speaker 1: they say Chinese steal intellectual property, Chinese still steal anything
Speaker 1: a little fastwards. Yeah. So, um, so you like gold
Speaker 1: because it's an it's outside the financial system. And I'm
Speaker 1: guessing that's because you see the financial system heading towards
Speaker 1: ruin uh finance, a final collapse. Um and which if
Speaker 1: you're in that system and you're going to be affected.
Speaker 1: And if you're outside the system, that's your life boat. Yeah,
Speaker 1: I want control of my life. Let me show you
Speaker 1: another picture here. Okay, this is this is the financial
Speaker 1: statement I talked about, right, this is poor debt. It's
Speaker 1: always get a job and get a high paying job,
Speaker 1: you know, high high paying income here and always safe money.
Speaker 1: But this was rich do out here. You want assets?
Speaker 1: I want to control my assets. I don't. I don't
Speaker 1: want this to be full of stock sponsor mutual funds
Speaker 1: and at s. I want assets that I created an
Speaker 1: eye control. I'm a control figure that way. No, I'm
Speaker 1: not saying it's the right way or the wrong way.
Speaker 1: I could have made more money, you know, playing Amazon
Speaker 1: and all the other stuff. Like I love Apple of Amazon,
Speaker 1: I just don't like stocks because of two manipulate, I
Speaker 1: want to manipulated. I don't want that manipulate. I want
Speaker 1: to manipulate it. Right. So, and I'm doing really good
Speaker 1: simply because what's my brand worth? Right? You have a
Speaker 1: big intellectual property, Yeah, but the brand is beyond anything.
Speaker 1: That's like, I'm ask you this, how much is the
Speaker 1: brand Apple worth? How much is Coca Cola worth? Right?
Speaker 1: And that's what the average person who went to school
Speaker 1: and got a job doesn't understand as the power of
Speaker 1: the brand. Hm. And you know, brands are billions of dollars.
Speaker 1: And that's actually central to Warren Buffets investing thesis, which
Speaker 1: is he wants to invest into companies that have what
Speaker 1: he calls economic goodwill or he wants that brand to
Speaker 1: be there so they can command an oversized premium in
Speaker 1: the market without having to continue to invest more money.
Speaker 1: You got it. And so what happens for these guys
Speaker 1: here they never learned how to build a brand. You
Speaker 1: have to cross over onto this side to build a brand.
Speaker 1: And because I have a brand, you know, when I
Speaker 1: announced a book, I sell fifty licenses like in Chinese, Japanese, Filipino,
Speaker 1: I mean in Spanish, and the money just pours in
Speaker 1: because I have a brand. All I have to do
Speaker 1: is that I have a new book and have a
Speaker 1: new one coming out next year, and I money pours in.
Speaker 1: But that's because it's a brand. And guess how much
Speaker 1: money do I put into that book. None, because the publisher,
Speaker 1: let's say the publisher in China, has to send me
Speaker 1: the check and then they send me a royalties. It's
Speaker 1: called an infinite return. But that's what I was trained
Speaker 1: to do by my rich dad, whereas my poor dad,
Speaker 1: you know. And and in today's day and age, it's
Speaker 1: so much easier. Anybody anywhere in the world that has
Speaker 1: one of these devices right here can go make millions
Speaker 1: of dollars. And I'm basically in the same business, if
Speaker 1: you want to call it publishing business, where I put
Speaker 1: out information that gets packaged and sold. And so today
Speaker 1: you don't need the publisher and you don't need to
Speaker 1: write the book. You can just start publishing right from here. No. Um,
Speaker 1: that's and that that's that's what it shocks me. When
Speaker 1: you know I was talking to this woman, she says, yeah,
Speaker 1: I met this really nice guy. That's interesting. You know,
Speaker 1: I go to the Gems that roll Hotta. You know,
Speaker 1: she was there working out and I said, so you're
Speaker 1: single and she says, yeah, I just can't find a name. Man.
Speaker 1: And I said, Jesus, you know, as hot as you are,
Speaker 1: and go all over here all they are. But you know,
Speaker 1: the last guy I talked to you has a master's
Speaker 1: degrade and it works at Chi Palty and it's it's
Speaker 1: a lot of was student loan debt. I went, oh
Speaker 1: my god, Well, I think that really goes back to
Speaker 1: what your point was in the beginning, which is I
Speaker 1: don't want to give you the specifics. I want to
Speaker 1: teach you a new way to think so you can
Speaker 1: go find your own specifics. Let me let me say
Speaker 1: it again. Imagination is infinite, and if it takes knowledge,
Speaker 1: that's why I think and grow rich and all that.
Speaker 1: It takes knowledge to process infinity into income. And if
Speaker 1: you don't have the knowledge because you went to school
Speaker 1: and you learned to be a beautition or something, you're
Speaker 1: not going to get there. And the other problem that
Speaker 1: I have with school is that they take away the imagination. Amen.
Speaker 1: And so without the imagination, you need the imagination and
Speaker 1: the knowledge, as you said, and if you take away
Speaker 1: the imagination, the knowledge is kind of worthless. Well, it's
Speaker 1: even worse than that. Mark. Let me. I read the
Speaker 1: article once. I should have kept it as it said,
Speaker 1: why economists aren't billing in theresa? You know why they
Speaker 1: teach scarcity? True Keynes and kens and Malthusian economics is
Speaker 1: the allocation of scarce resources, but they don't understand that
Speaker 1: the mind is infinite. Imagination is infinite. And exactly to
Speaker 1: sit your iPhone, that was Steve's job's greatest gift to
Speaker 1: your generation. Right, we're free, but you're still going to
Speaker 1: school to learn about I don't know what they learned
Speaker 1: about school today. You know, you can't trigger me if
Speaker 1: that was safe space, Yeah exactly. That hurts my feelings.
Speaker 1: So I a should join the Marine Corps. Yeah exactly, quickly.
Speaker 1: But I don't know what they're teaching us, But they're
Speaker 1: teaching them scarcity. Malfusing economics is allocation of scarce space sources. Well,
Speaker 1: what's not scarce is your your imaginations. And that's a
Speaker 1: great point and and that you hit on. And it
Speaker 1: wasn't on my list to talk about but'm such a
Speaker 1: great point that you talk about, and I look at
Speaker 1: that wealth is not a zero sum game. A thousand
Speaker 1: years ago, everybody lived in the dirt. Today, everything that
Speaker 1: you see around us was created. And there's no end
Speaker 1: too how much wealth can be created. Correct, it's infinite.
Speaker 1: It's just limited by your imagination and your education. And
Speaker 1: that's why when you go to school, it actually compresses
Speaker 1: your brain. When they teach your canes in or Malenthusian economics,
Speaker 1: your host. Yeah, you finish your brain. Your brain, your
Speaker 1: brain throws up. Like what I al would say is
Speaker 1: education is the lock. Educations are also the key, but
Speaker 1: not so. When you go to school, it locks your
Speaker 1: brain up. You're over You're over here. Yeah, I'm looking
Speaker 1: for a job security steady page. I can benefit and
Speaker 1: over here. If you want it done right, you do
Speaker 1: it by yourself. I'm over on this side. Now, this
Speaker 1: is where text comes in. These guys here pay this
Speaker 1: is all over the world in taxes. They pay sixty
Speaker 1: in taxes. These guys pay because exactly the same I
Speaker 1: provide jobs and over here I pay zero. That's what
Speaker 1: Trump doesn't pay taxes, right, you know he paid something
Speaker 1: and the and the communist, socialist, radical left press take
Speaker 1: off on him, never ask him how do I pay
Speaker 1: no taxes? Yeah? Yeah, exactly. So, um, you know, so
Speaker 1: back to building the business, using the money to buy assets,
Speaker 1: you like, the the hard assets that you can hold
Speaker 1: control things like that. So I'm really curious. And you've
Speaker 1: told us your history with gold, but I'm really curious. Uh,
Speaker 1: I'm old, but i've been I kind of actually started
Speaker 1: this channel just to talk about bitcoin. So I wrote
Speaker 1: a cryptocurrency I wrote a cryptocurrency only research newsletter for
Speaker 1: four years. I spent in the trenches digging it out
Speaker 1: before I moved on to broader topics. But um, I'm old,
Speaker 1: but like I'm still young enough to kind of straddle
Speaker 1: that a little bit. You're older. I'm curious to find
Speaker 1: out what what caught your eye with bitcoin because so
Speaker 1: many people say, well, if I can't hold it in
Speaker 1: my hand, it's not tangible, it's not real. But yet
Speaker 1: you've become a big advocate of it, So maybe you
Speaker 1: can explain that to us. It's called too much gold
Speaker 1: and silver. Now, no, you know, I don't know, I
Speaker 1: don't know what you know. I used to watch Donald,
Speaker 1: you know, Donald Duck and there was a guy called
Speaker 1: Scrooge McDuck. He's sitting on this pile of gold and
Speaker 1: it's a little boy. I said, you know that's I
Speaker 1: want to be a Scrooge McDuck on this pile of
Speaker 1: go It's only one big problem with gold and silver.
Speaker 1: It's heavy, right, you know? And I have and I
Speaker 1: don't store it here. I store it overseas and I'm
Speaker 1: never gonna tell anybody where it's hitting. But you can't
Speaker 1: run with the damn stuff. It's too heavy. When I
Speaker 1: was looking at this guy, a little thumb, drivers is
Speaker 1: that your Bitcoin account? I said, that's for me, so
Speaker 1: I can put that thing in my pocket and then
Speaker 1: I can go anywhere in the world and they can't
Speaker 1: track me down. Sure you know, I pay my taxes.
Speaker 1: I'm not an American, I have my passport. I played
Speaker 1: by all the rules, the differences. I played by these
Speaker 1: rules here, not their routes. And if you're if your
Speaker 1: viewers can understand that, by the way, this is book
Speaker 1: number two. But the real rules are in taxes. That
Speaker 1: book you show. The real rules are in taxes, because
Speaker 1: these guys here don't pay taxes. These guys do, so
Speaker 1: the social the fascist socialists that we're going to tax
Speaker 1: the rich. They tax high income people, they don't tax
Speaker 1: high asset people. Yeah, very big difference. And I think
Speaker 1: and then one big differentiator that I look at it.
Speaker 1: I just look at business owners and investors as wealth
Speaker 1: creators and employees are like wealth takers, right, and so, um,
Speaker 1: you know I love my employees, got me wrong, But
Speaker 1: I do the I do. I have. I have the
Speaker 1: same talk I'm having with you and your audience right now.
Speaker 1: Don't be stupid. You know all of them have their
Speaker 1: own companies, not all of them, but I encourage to
Speaker 1: have their own companies. I encourage with invest in silver
Speaker 1: and gold or whatever and bitcoin, and so it's nothing
Speaker 1: wrong with being an employee the truck. The tough part
Speaker 1: is their income is text. You know, if you have
Speaker 1: a job, your your text. And then if you're a doctor,
Speaker 1: you pay the highest taxes of all. It doesn't fit
Speaker 1: my brain system. So what they have to do is
Speaker 1: figure out the rules, the laws on this side, which
Speaker 1: is what all my books are on this side. Also
Speaker 1: the REGs all on this side. And so these guys
Speaker 1: here can play by their rules, but rama and still
Speaker 1: keep their jobs here and then go over right here
Speaker 1: if you don't have to quit your job now. Yesterday
Speaker 1: I made a video, well, it went live yesterday on
Speaker 1: on my YouTube channel. I'm talking about how China actually
Speaker 1: launched their digital currency. UM. They over the last week
Speaker 1: they ran a contest and they gave away ten million
Speaker 1: one UM for to get people to download their digital wallet.
Speaker 1: And on October twelve, they actually gave out two to
Speaker 1: the winners if they would download the wall. And so
Speaker 1: it's it's out in the wild now. I think that
Speaker 1: the the Fed will have probably one out sometimes maybe
Speaker 1: the next six to nine months would be my guest, UM,
Speaker 1: have you been watching this whole shift from the central
Speaker 1: banks moving to this digital currency? No, I talked to
Speaker 1: you guys like you. I talked to you and Gammon
Speaker 1: and that I talked to the other guy. I talked
Speaker 1: to this Anthony Pomplano. You know, it's a it's a
Speaker 1: world I know nothing about. You cannot be an expert
Speaker 1: at everything, No, you can't. No, So I resally I
Speaker 1: love YouTube even though like a d platforms all the
Speaker 1: time whatever, because I think this COVID thing is a
Speaker 1: bunch of crap. But anyway, you know, everything is to
Speaker 1: where I'm a mass Yeah, that's that's called fast, you know,
Speaker 1: And I'm target market. I'm seven three years all. I've
Speaker 1: had pneumonia, I've had heart disease. I'm I have everything,
Speaker 1: and if it's gonna kill me, my problem, not your problem,
Speaker 1: you know. But anyway, what was I going with all this?
Speaker 1: But I don't. I can't know everything. So I love YouTube.
Speaker 1: I just cruise around, you know, I come. That's how
Speaker 1: I came across you, and that's why I come across
Speaker 1: Anthony Pompon and George Gammon. I just love you guys.
Speaker 1: I sit there and you know, for fifty minutes to
Speaker 1: an hour is better than going to school. I learned
Speaker 1: more from you guys, from real life than those bullshit
Speaker 1: artists in college. Well, and that's actually something I learned
Speaker 1: from you, which you already just said, which is about
Speaker 1: having the right advisors. So you talked about having the
Speaker 1: rich dad advisors. You can't be an expert in everything,
Speaker 1: so you need to find the experts and work with them.
Speaker 1: And that's basically what you're saying right now. Right to
Speaker 1: do this, I need an accountant, and I need attorneys,
Speaker 1: and I need the bookkeepers, you know. I need marketing people.
Speaker 1: I need guys your age and younger, because you cannot
Speaker 1: know anything to do this. The limit inastions of these
Speaker 1: guys as they don't think like Vegas guys. So you know,
Speaker 1: I would say business is a team sport. And that's
Speaker 1: the difference in school. You know, if I had a
Speaker 1: team in school, it's called cheating. Yeah, and I cheated
Speaker 1: a lot. So I'm curious someone with your perspective on
Speaker 1: the world. I mean, you've you've lived in a world
Speaker 1: that was still on a gold standard. Obviously you've seen
Speaker 1: it go off of it. You bought gold when it
Speaker 1: was illegal. Uh, You've written books, uh the prophecy um,
Speaker 1: you know, You've you've written books projecting things that would happen,
Speaker 1: and so you you really, you really have this perspective
Speaker 1: that's unique. And I'm just uh, you already said that
Speaker 1: you didn't ever imagine they would print as much money
Speaker 1: as they have. But I'm curious as to someone with
Speaker 1: your experience and perspective and who's thought a lot about this,
Speaker 1: how does this end? Well, it depends on how old
Speaker 1: you are. Okay, for my generation, we're screwed almost have
Speaker 1: had it, had had it the easiest because you know,
Speaker 1: we came of age just when Nixon took the dollar
Speaker 1: off the goal study. I graduate from, you know from
Speaker 1: they went to academy. I graduated in sixty nine, and
Speaker 1: they took the dollar. The goal stenter at seventy one,
Speaker 1: and we had the biggest boom time in history. Baby
Speaker 1: boomers had the boom time. But unfortunately, my latest book,
Speaker 1: I don't know where it is, it's called Who's Told
Speaker 1: My Pension? And because the pensions couldnot attain seven percent
Speaker 1: per year. Every pension plan was based upon seven percent
Speaker 1: game per year. But when they started printing money and
Speaker 1: they dropped the interest rates, the pensions couldn't get seven percent.
Speaker 1: But they know as what you guys know. This is
Speaker 1: what's happening is my generation is so desperate because they
Speaker 1: have nothing. They're out of time and they're now looking
Speaker 1: for higher risk investments in old age. I saw Mr
Speaker 1: Wonderful what's his name, Evan O. Larry. He's now doing
Speaker 1: funding startups or something that you have to be an
Speaker 1: accredited investor to do that. There's a law against it,
Speaker 1: you know that ware for the They want to protect you.
Speaker 1: So if you're not in a credit, you've got to
Speaker 1: make a think two fifty thousand a year and have
Speaker 1: three hundred thousand an assets. But people are so desperate
Speaker 1: they're jumping into investments that you're supposed to have some
Speaker 1: degree of financial sophistication to get into. This is not
Speaker 1: going to end well for my generation. Now for generations younger,
Speaker 1: like he hold up your iPhone. You have a future
Speaker 1: and this is the most powerful tool ever created for
Speaker 1: an entrepreneur. The trouble is do you have the knowledge
Speaker 1: and information to use this? I don't. I really don't.
Speaker 1: And that's why I have young guys around me who
Speaker 1: how to translate this for me. So I don't speak
Speaker 1: Chinese and I don't speak technology, and you don't even
Speaker 1: need the knowledge, you just need the imagination. And so
Speaker 1: what why why I think this? Why? Why I think
Speaker 1: this levels the playing field? Is I can now learn
Speaker 1: anything I want to learn, and meet anyone I want
Speaker 1: to meet, and do anything I want to do. All right,
Speaker 1: you've got it. This is this is on the other
Speaker 1: side of the always say there's three sides to a coin.
Speaker 1: My head's tail to the edge. On the other side,
Speaker 1: the people are making us to wear a mask. I
Speaker 1: call him the fascist Anthony Felci the doct I call
Speaker 1: him Anthony fascist. You know what I mean, you have
Speaker 1: to wear a mask, social distancing. I mean, Biden wants
Speaker 1: us to everybody to where you'll be arrested if you
Speaker 1: don't wear a mask. I'm going this is this is fascist.
Speaker 1: There's a there's a that's still that's the problem because
Speaker 1: for your generation, your taxes are going to go through
Speaker 1: the roof. Yeah, we're bankrupt. We are bankrupt, and really
Speaker 1: we probably were bankrupt in when they couldn't pay the
Speaker 1: gold anymore. Right, they had to close the gold window
Speaker 1: and that was probably the real default um as as
Speaker 1: far as the mass and the lockdown and all that.
Speaker 1: The one thing that really bothered well, there's a lot
Speaker 1: of things that bother me, but I don't want to
Speaker 1: dive into that conversation. But uh, adding to what we're
Speaker 1: already talking about, the one thing that does bother me
Speaker 1: about it is it's a lot of shut up and
Speaker 1: do what I say. I know it doesn't make any sense,
Speaker 1: but don't ask any questions. And what that does is
Speaker 1: it takes away our ability to think and makes us
Speaker 1: into robots, which is exactly what you and I are
Speaker 1: talking about where if you have the imagination, it's it's limitless.
Speaker 1: But by making me shut up and listen, even though
Speaker 1: it doesn't make any sense, it takes all that away
Speaker 1: from us. Well. Worse than that is they instill look
Speaker 1: by fear. I was like, all h took control, you know,
Speaker 1: he he just ran by fear. Yeah, exactly. The fascists
Speaker 1: are doing the same thing in America. Yeah. Now, um,
Speaker 1: I guess, um, when when I was talking, when I
Speaker 1: was thinking about, you know, how things progress at the end,
Speaker 1: I'm kind of looking at like two different scenarios, and
Speaker 1: I think probably most people do. We could probably break
Speaker 1: them into two buckets. Um. I think, like you know,
Speaker 1: our buddy Harry Dent, he talks about like this massive
Speaker 1: deflation right where you know, there's a draw down and
Speaker 1: then maybe, you know, maybe we go into this kind
Speaker 1: of stagflation like Japan, And I probably give that the
Speaker 1: higher probability of an outcome. Um. And then there's another
Speaker 1: probability that really these mm T guys are pushing where shoot,
Speaker 1: the government's just gonna print so much money as surprise,
Speaker 1: are gonna triple from here. I give that one like
Speaker 1: a lower probability. Do you see either one of those
Speaker 1: as being outcomes. Well, they're all possibilities, sure, and we
Speaker 1: have no there's no limit to human and sanitues to definitely,
Speaker 1: you know what I mean. And it's a very worried
Speaker 1: about what those idiots. I was just watching the confirmation
Speaker 1: hearing the Democratic senators. We're attacking Amy Coney Bryant Parrot.
Speaker 1: You know that woman could play virgin marriage. She didn't
Speaker 1: have kids. Yeah, I mean she's she's how she's almost
Speaker 1: up for sat good and the Democrats are attacking her
Speaker 1: and the Democrat from Hawaii she's not even American, she's
Speaker 1: a naturalized citizen from Japan. And she was accusing Amy,
Speaker 1: called me Bryant of being a pedophile and a sex
Speaker 1: trader and all this stuff. I'm going, you know what
Speaker 1: happened to us? Right? How can we allow our senators
Speaker 1: that supposed to be kind of the next to the god,
Speaker 1: you know in presidency, how can they allow them to
Speaker 1: to do these things that you know, when Kavanagh got
Speaker 1: elected or come from they brought that Christine Ford or
Speaker 1: something and she accused Kavanaugh having sex with her. I mean,
Speaker 1: this is what this is a Roman circus. This is
Speaker 1: for Epstein time. You know what I mean, all the
Speaker 1: young girls out and dance on stage. I'm going Holy mackerel.
Speaker 1: But I'll tell you the story is a good one.
Speaker 1: At the end of the Roman Empire, I think it's
Speaker 1: Callegnaios under the emperor. He got his horse elected to
Speaker 1: the Senate. Wow. So I was, I was. I was
Speaker 1: watching these Democrats and I'm not Republican, a Democrat, but
Speaker 1: they're just attacking my friend Trump, so that they're attacking
Speaker 1: Amy Coney and Bryant. And I said, you know, that
Speaker 1: horse is reincarnated. It's the Senate. We might be better
Speaker 1: off with a horse than some people that we have.
Speaker 1: It's what, Mark, you can't get any worse than this.
Speaker 1: I don't I don't know. Don't say that. Don't say
Speaker 1: that they'll break the horse in you mail as well.
Speaker 1: You know, I saw a news headline this morning from
Speaker 1: CNN and they said that if if if it weren't
Speaker 1: for Trump, Barrett would probably have already had seventy votes,
Speaker 1: meaning she's great, but because Trump likes her there purposely
Speaker 1: that was per CNN. They said that, so h well,
Speaker 1: look at the World Health Organization. They finally said this
Speaker 1: lockdowns are killing more people than that's saying, yeah, you know,
Speaker 1: and people assigned this wearing a mask was a joke.
Speaker 1: But the fascist and a fascist is somebody's gonna tell
Speaker 1: you how to run your life. And and that's a
Speaker 1: great point. And and the problem that we have today
Speaker 1: is straight out of George Roy book where it's like
Speaker 1: this double speak. So they're calling people fascists, but they're
Speaker 1: the ones that are fascist. They're saying we're against racism,
Speaker 1: but they're the ones that are racist. Like everything is
Speaker 1: backwards today. Ye. So um, so we'll we'll we're kind
Speaker 1: of getting to the end here and we'll wrap it up.
Speaker 1: I kind of want to maybe just ask one more question, um,
Speaker 1: and that is, um, we don't know what's gonna happen. Mean,
Speaker 1: potentially we have this deflation like Harry Dent talks about.
Speaker 1: Possibly we see stuff going to the moon like M. M.
Speaker 1: T talks about, which would destroy the currency. And maybe
Speaker 1: there's even a chance that gold becomes revalued like Jim
Speaker 1: Records talks about. So there's different scenarios, right, and we
Speaker 1: don't have control over that, and so we have to
Speaker 1: just set ourselves up to be quick and nimble and
Speaker 1: be able to prosper no matter what happens. And so
Speaker 1: a lot of that's done through like acid allocation. Um,
Speaker 1: how do you think about like acid allocation and diversification.
Speaker 1: Is it just like business and cash flow and that's
Speaker 1: it or do you go a little bit deeper. That's
Speaker 1: that's a tough question because, like I said, I had
Speaker 1: a different game plan. You know, when when you when
Speaker 1: you when you look here, my goal was to build
Speaker 1: a brand, right, That's what That's what entrepreneurs to And
Speaker 1: these guys here that's small and that's fine. They can
Speaker 1: do just as well financially, but they don't necessarily build
Speaker 1: a brand. So it really depends upon what you want
Speaker 1: from your life here. So you know, like Steve Jobs
Speaker 1: built Apple, the most profitable company in world history. Basil's
Speaker 1: built Amazon, one of those things where some guy built
Speaker 1: Coca Cola. Hmm, you know, I mean I was, you know,
Speaker 1: I wear I wear this watch has a panorai I
Speaker 1: buy the brand. So brands communicate and if you have
Speaker 1: the wherewithal to build a brand, you're golden. Yeah, you know,
Speaker 1: because the thing I'm happy about, like with me, I
Speaker 1: don't I don't sell very often. I just signed a
Speaker 1: real estate lace for a hundred years. Now, Am I
Speaker 1: going to be around another hundred years? No? But my
Speaker 1: assets will go into the future. That's why I don't
Speaker 1: sell all my goals sover and all that will be
Speaker 1: a package and transported into the future via some kind
Speaker 1: of public child will remainder trust, so that for ever
Speaker 1: what I build today will benefit the future. How long
Speaker 1: do you think? So everybody thinks differently. If you can't
Speaker 1: pay the rent today, you can't think about the future.
Speaker 1: You gotta think about your rent. Speaking about that, you
Speaker 1: know those forbearances. I think there's six thousand mortgages or
Speaker 1: six million mortgages in for some ungodly number. And forbearance.
Speaker 1: People don't know what the word forbearance means. Forbearance means
Speaker 1: they have to rewrite the mortgage. Now a person lost
Speaker 1: their job, they're gonna lose the mortgage. Right, we have
Speaker 1: no idea what's coming. So those are the uncertainties. But
Speaker 1: that's why I say gold, silver, bitcoin because gold and
Speaker 1: silver are God's money. They've been here since Earth was formed.
Speaker 1: And I like bitcoin because it's people's money. It's outside
Speaker 1: control of the central banking communist republic system. Yeah, good,
Speaker 1: all right, Well, will end it with that. I do
Speaker 1: want to just say one thing, Um, you said that
Speaker 1: when I asked you the question about how to protect yourself,
Speaker 1: you said that it depends on what you want, And
Speaker 1: so I just want to kind of leave it with
Speaker 1: this final thought, where um you know, um, people ask
Speaker 1: you all the time could you be more specific? And
Speaker 1: they asked me the same thing. And we've talked about
Speaker 1: why we like to talk about more broader topics. And
Speaker 1: I get asked all the time like what should I
Speaker 1: invest into? Or I have ten thousand dollars? What should
Speaker 1: I do? And the problem is that shows that you
Speaker 1: don't know what you want, and so you need to
Speaker 1: take a step back and figure out what is it
Speaker 1: that I'm trying to do? What do? What do I want?
Speaker 1: And then you need to make a specific plan for yourself,
Speaker 1: not based off of what someone else is doing. Right God,
Speaker 1: you know, like it's like I am a US Marine
Speaker 1: and I went to military school. I'm a rain I'm
Speaker 1: trained to handle guns. I'm always armed. You know, I
Speaker 1: live in Arizona because it's legal to be concealed, and
Speaker 1: if I can go concealed here now for Californian's that's
Speaker 1: I'm a criminal because I'm armed, But in Arizona that's smart.
Speaker 1: I'd rather be armed in Arizona than unarmed in California.
Speaker 1: But people don't think of those things, you know. And
Speaker 1: the other thing is I'm trained to use guns. Yeah,
Speaker 1: those people are buying guns shooting paper targets. I'm gonna
Speaker 1: give those guys a wide berth because they're far dangerous
Speaker 1: to themselves than anybody else. The other thing, too, is
Speaker 1: we're out of ammunition. Years ago, I bought pallets of ammunition.
Speaker 1: One of the best investments I've ever made. I was
Speaker 1: paying three cents around three cents around for six or
Speaker 1: two to three. It's sixties sixty seventy cents right now
Speaker 1: if you could buy it. I made a fortune off
Speaker 1: of bullets. Now, every liberal pink called liberal communists will go, oh,
Speaker 1: you're you're you're you want to kill people. I said, well,
Speaker 1: i'd be kind of exciting, you know, lay, I've already
Speaker 1: done that job. But I'm a marine. I'm prepared for it.
Speaker 1: If not prepared for it, don't buy a gun and
Speaker 1: and be prepared for your financial future as well. Um,
Speaker 1: So we'll go ahead and I wrap it up. With that. Now,
Speaker 1: you did say there's a new book coming out. Do
Speaker 1: you want to talk about that? When? When people should
Speaker 1: expect that? Yeah, there's two books in the pipeline. One
Speaker 1: is called an Infinite Returns. We're gonna talked about it.
Speaker 1: Imagination is more important than knowledge, Einstein. Your image, your
Speaker 1: imagination is unlimited, it's infinite. But what is limited is
Speaker 1: your knowledge. And so why people tune into Mark Moss
Speaker 1: is they want knowledge. The only limitation is knowledge, which
Speaker 1: you don't get in school. So that's called Infinite Returns.
Speaker 1: And then the second book as a guy named Jim records.
Speaker 1: He's a good friend of mine, and we always forecast
Speaker 1: the future. So we're coming out with a book called
Speaker 1: The Ravens also, and it's about how how you prognosticate, prognosticated,
Speaker 1: how do you study the past to see the future. Great,
Speaker 1: it's called The Ravens. And just coincidentally, come to my
Speaker 1: house in Arizona. There's two ravens. I've been sitting there
Speaker 1: for twenty five years on the on the ass. That's
Speaker 1: my only statute of these two ravens. And ravens and
Speaker 1: Greek mythology where God's a prophets right, they can so
Speaker 1: so records that I had next book, it's a long
Speaker 1: I was saying, it is, how do you protect the future?
Speaker 1: So both those books will look for next year. Yea,
Speaker 1: all right, Well, Robert, it was an honor to have you. Uh.
Speaker 1: Like I said, I was had so many questions to ask.
Speaker 1: I'm glad we got through most of those. I appreciate
Speaker 1: you taking the time to come speak to us today. Mark,
Speaker 1: you do a great job. You're a credible, prodible teacher,
Speaker 1: and there's a lot of guys on YouTube, you know,
Speaker 1: who are not, so I commend you. Thank you so much, Robert. Well,
Speaker 1: we'll see you soon, ye Nectarsferd of