1 00:00:01,280 --> 00:00:03,520 Speaker 1: This episode is brought to you by P and C Bank. 2 00:00:03,920 --> 00:00:06,680 Speaker 1: A lot of people think podcasts about work are boring, 3 00:00:06,880 --> 00:00:10,719 Speaker 1: and sure they definitely can be, but understanding a professionals 4 00:00:10,800 --> 00:00:14,080 Speaker 1: routine shows us how they achieve their success little by little, 5 00:00:14,440 --> 00:00:18,079 Speaker 1: day after day. It's like banking with P and C Bank. 6 00:00:18,560 --> 00:00:21,360 Speaker 1: It might seem boring to save, plan and make calculated 7 00:00:21,400 --> 00:00:24,479 Speaker 1: decisions with your bank, but keeping your money boring is 8 00:00:24,520 --> 00:00:27,840 Speaker 1: what helps you live a more happily fulfilled life. P 9 00:00:27,960 --> 00:00:32,800 Speaker 1: and C Bank Brilliantly Boring since eighteen sixty five. Brilliantly 10 00:00:32,840 --> 00:00:35,479 Speaker 1: Boring since eighteen sixty five is a service mark of 11 00:00:35,520 --> 00:00:38,760 Speaker 1: the PNC Financial Service Group, Inc. P and C Bank 12 00:00:39,159 --> 00:00:41,360 Speaker 1: National Association Member FDIC. 13 00:00:43,080 --> 00:00:46,920 Speaker 2: Another question, is Mike Ron better than AMD by both. 14 00:00:46,800 --> 00:00:51,120 Speaker 3: Have a financial threesome. We're not doing this. Have a financial. 15 00:00:50,640 --> 00:00:53,800 Speaker 4: Threesome or foursome, put in video in there and have 16 00:00:53,920 --> 00:00:55,320 Speaker 4: a fucking blast. 17 00:00:55,360 --> 00:00:56,640 Speaker 3: All of them. 18 00:00:57,200 --> 00:00:58,160 Speaker 4: All of them. 19 00:00:58,400 --> 00:01:01,560 Speaker 3: Get to ten thousand shares. I know why you ask 20 00:01:01,680 --> 00:01:03,880 Speaker 3: a question. I understand the question. 21 00:01:04,280 --> 00:01:06,040 Speaker 1: The answer is in the beginning of this episode of 22 00:01:06,120 --> 00:01:09,960 Speaker 1: understanding what you're investing in and understanding that those two 23 00:01:10,040 --> 00:01:13,200 Speaker 1: companies do two different things. Right, So like when we're 24 00:01:13,200 --> 00:01:17,280 Speaker 1: talking about AMD, we're talking about a company that makes 25 00:01:17,319 --> 00:01:22,040 Speaker 1: GPUs and CPUs. When we're talking about Micron, Micron creates 26 00:01:22,040 --> 00:01:24,880 Speaker 1: the memory for those GPUs and those CPUs. 27 00:01:25,160 --> 00:01:27,319 Speaker 3: They actually work together. Right. 28 00:01:27,360 --> 00:01:29,600 Speaker 1: So if you're investing in AMD, look at who their 29 00:01:29,600 --> 00:01:31,759 Speaker 1: memory partner is. If you're investing in the Video, look 30 00:01:31,760 --> 00:01:34,520 Speaker 1: who their memory partners are. That's how you start to 31 00:01:34,680 --> 00:01:37,600 Speaker 1: stack the companies, right, So you got to have the understanding, right, 32 00:01:37,640 --> 00:01:40,840 Speaker 1: I wouldn't say, Hey, is it ASML or is it AMD? Well, 33 00:01:41,640 --> 00:01:45,319 Speaker 1: those companies don't function if they don't have ASML to 34 00:01:45,560 --> 00:01:49,240 Speaker 1: create the machines for TSM to manufacture. Right, So it's 35 00:01:49,440 --> 00:01:54,280 Speaker 1: different roles, different spots inside of this cycle of AI 36 00:01:54,360 --> 00:01:57,040 Speaker 1: that you gotta understand. I'm doing both, of course, I'm 37 00:01:57,040 --> 00:02:00,440 Speaker 1: doing both. We talked about AMD throughout the year. Crown 38 00:02:00,560 --> 00:02:04,000 Speaker 1: obviously is hit its all time high again today. 39 00:02:05,760 --> 00:02:08,239 Speaker 4: So yeah, man, go watch every episode we've answered, and 40 00:02:08,639 --> 00:02:09,880 Speaker 4: not to that person who asked the. 41 00:02:09,840 --> 00:02:12,880 Speaker 3: Question, because you solid but a bunch y'all. 42 00:02:12,760 --> 00:02:14,520 Speaker 4: Ain't been faithful in y'all real lives, So why are 43 00:02:14,520 --> 00:02:16,840 Speaker 4: you finished? Act like you singularly focus on the stock 44 00:02:16,919 --> 00:02:20,120 Speaker 4: by both AMD and Video. We then told you that 45 00:02:20,160 --> 00:02:22,919 Speaker 4: the gamut of what now is the Okay, this is 46 00:02:22,960 --> 00:02:25,240 Speaker 4: the real game. Can you put fifty percent of the 47 00:02:25,240 --> 00:02:27,480 Speaker 4: money that's coming in into the assets. It's gonna make 48 00:02:27,520 --> 00:02:30,720 Speaker 4: you money forever, So you can talk like this, that's 49 00:02:30,760 --> 00:02:34,240 Speaker 4: the real game. No, flex, just put the money into 50 00:02:34,280 --> 00:02:34,920 Speaker 4: the assets. 51 00:02:35,080 --> 00:02:35,680 Speaker 3: Do like you do. 52 00:02:35,720 --> 00:02:37,480 Speaker 4: There's a real some of y'allre telling your little signe 53 00:02:37,480 --> 00:02:37,959 Speaker 4: so I'm sick. 54 00:02:38,600 --> 00:02:40,280 Speaker 3: You can put your present on the twenty six. 55 00:02:40,560 --> 00:02:46,040 Speaker 4: AMD and video buy everything because they're buying. 56 00:02:45,960 --> 00:02:48,639 Speaker 3: Everything that's and you know what. 57 00:02:49,120 --> 00:02:51,920 Speaker 1: This is like part of the those learning lessons that 58 00:02:51,919 --> 00:02:55,120 Speaker 1: you get inside of your professional life. When I was teaching, 59 00:02:55,440 --> 00:02:57,000 Speaker 1: patience was one of those things that I had to 60 00:02:57,000 --> 00:02:59,160 Speaker 1: have with students, and so a lot of times I'll 61 00:02:59,160 --> 00:03:01,359 Speaker 1: get a text like yo, you'll choice what's the next one? 62 00:03:01,360 --> 00:03:03,040 Speaker 3: And I'm like, yo, we told you. 63 00:03:03,520 --> 00:03:07,600 Speaker 1: Like on market, mondays Micron for two years, it was 64 00:03:07,800 --> 00:03:11,560 Speaker 1: eighty two dollars, it was seventy nine dollars Stele it's 65 00:03:11,600 --> 00:03:16,520 Speaker 1: at two seventy six AMD when it was crashing. I'm like, yo, no, 66 00:03:16,600 --> 00:03:19,079 Speaker 1: just stay this, don't worry about number number two could 67 00:03:19,080 --> 00:03:21,080 Speaker 1: be a winner. Number two could be a winner. That 68 00:03:21,200 --> 00:03:23,520 Speaker 1: was at eighty dollars. Here we are at two hundred 69 00:03:23,520 --> 00:03:28,079 Speaker 1: and fifteen. It's happening like happening, right. So the next 70 00:03:28,120 --> 00:03:30,560 Speaker 1: one is the one we already said. You know what 71 00:03:30,560 --> 00:03:33,200 Speaker 1: I mean, so like but that goes inside. And I 72 00:03:33,240 --> 00:03:35,040 Speaker 1: talked about this the other night. It was like, what 73 00:03:35,080 --> 00:03:37,520 Speaker 1: type of investor are you? I think people need to 74 00:03:37,520 --> 00:03:40,560 Speaker 1: put curiosity in the categories of what type of investor 75 00:03:40,560 --> 00:03:43,120 Speaker 1: they're going to be. Curiosity in the sense of, Hey, 76 00:03:43,680 --> 00:03:46,920 Speaker 1: you know what, AMD is a great company and Video 77 00:03:46,960 --> 00:03:50,040 Speaker 1: is a great company. But what makes those companies great? Like, 78 00:03:50,520 --> 00:03:54,040 Speaker 1: are there companies that are assisting them in this run 79 00:03:54,080 --> 00:03:57,000 Speaker 1: that they're having, Like who are they using for connectivity? 80 00:03:57,000 --> 00:03:59,720 Speaker 3: Who are they using for memory? Who? Like who is 81 00:03:59,800 --> 00:04:01,000 Speaker 3: man your faction for them? 82 00:04:01,520 --> 00:04:04,640 Speaker 1: That type of curiosity will lead you to companies, right 83 00:04:05,400 --> 00:04:07,880 Speaker 1: that can also scale with them. Right, Because if AMD 84 00:04:08,040 --> 00:04:10,000 Speaker 1: is going to have blowout numbers, which I think they 85 00:04:10,040 --> 00:04:12,360 Speaker 1: will next year, and then Video is going to continue 86 00:04:12,360 --> 00:04:14,520 Speaker 1: to have blowout numbers, which I think they will next year, 87 00:04:14,520 --> 00:04:18,280 Speaker 1: the China sales about to go online in February, then 88 00:04:18,360 --> 00:04:19,880 Speaker 1: these are companies that not a benefit as well. 89 00:04:20,040 --> 00:04:21,920 Speaker 3: That's that's just a level of curiosity you got to 90 00:04:21,960 --> 00:04:24,120 Speaker 3: have as an investor, but then you got to start 91 00:04:24,160 --> 00:04:24,840 Speaker 3: go ahead with shot. 92 00:04:25,279 --> 00:04:27,159 Speaker 2: I've seen somebody put in chair for people put in 93 00:04:27,240 --> 00:04:31,520 Speaker 2: chat because the question the question is valid as far 94 00:04:31,560 --> 00:04:34,840 Speaker 2: as like you might not even have enough capital to 95 00:04:34,880 --> 00:04:35,560 Speaker 2: really deploy. 96 00:04:35,720 --> 00:04:36,880 Speaker 3: That's why ETFs are good. 97 00:04:36,920 --> 00:04:40,360 Speaker 2: So SMH is a ETF where you can not only 98 00:04:40,400 --> 00:04:45,960 Speaker 2: invest in video and TSM and Broadcom and MU, but 99 00:04:46,080 --> 00:04:51,000 Speaker 2: also a MD and ASML and Intel. So if you're 100 00:04:51,040 --> 00:04:54,080 Speaker 2: interested in kind of seeing which one you want to pick, 101 00:04:54,360 --> 00:04:57,279 Speaker 2: you can take the pathway of investing in the individual stock, 102 00:04:57,360 --> 00:05:02,919 Speaker 2: but you can also invest in the ETF which invests 103 00:05:02,960 --> 00:05:05,480 Speaker 2: in all of those companies in different level low percentages. 104 00:05:05,560 --> 00:05:07,520 Speaker 2: So that's another way to go about it. 105 00:05:07,520 --> 00:05:09,000 Speaker 3: Also, earners, what's up? 106 00:05:09,080 --> 00:05:11,560 Speaker 1: You ever walk into a small business and everything just 107 00:05:11,720 --> 00:05:14,880 Speaker 1: works like the checkout is fast, or seats are digital, 108 00:05:15,400 --> 00:05:18,400 Speaker 1: tipping is a breeze and you're out the door before 109 00:05:18,400 --> 00:05:22,560 Speaker 1: the line even builds. Odds are they're using Square? 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