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Prescription required restrictions at for hers dot com. 0:00:59.640 --> 0:01:01.080 Apply let me ask you this. 0:01:01.240 --> 0:01:04.120 Yeah, one of the things even I struggle with sometimes 0:01:04.200 --> 0:01:06.720 is like how do you know when it's selling stock? 0:01:07.200 --> 0:01:09.360 Because everybody, a lot of people tell you like, this 0:01:09.400 --> 0:01:11.399 is a good time to buy the stock, right, Like obviously, 0:01:11.440 --> 0:01:13.960 like if it's twenty percent off, if it's high, then 0:01:14.000 --> 0:01:15.880 you can use that metrics or if it's you know, 0:01:16.160 --> 0:01:18.839 it's different strategies of how to know when to buy 0:01:18.840 --> 0:01:21.959 a stock, right, But there's not really too many metrics 0:01:22.000 --> 0:01:25.119 or strategies that I've seen. It's know when it's selling stock. 0:01:25.200 --> 0:01:27.520 So how do you what's your thoughts on that? 0:01:27.840 --> 0:01:30.040 So I have a few ways in which I deal 0:01:30.120 --> 0:01:32.319 with selling the stock right. So one of the ways 0:01:32.440 --> 0:01:35.320 is I ask before I even buy a stock. First, 0:01:35.360 --> 0:01:37.800 I want, you know, put a valuation on it, like 0:01:37.840 --> 0:01:39.280 what I think the company is worth. 0:01:39.640 --> 0:01:41.759 So before you get doing anything, you got to put a. 0:01:41.680 --> 0:01:44.720 Price tag on it, after you research the business, after 0:01:44.760 --> 0:01:46.520 you understand what it's worth. Because if you don't know 0:01:46.520 --> 0:01:48.720 what it's worth, you don't know when to sell, you 0:01:48.720 --> 0:01:49.680 don't know when to buy. 0:01:50.040 --> 0:01:51.680 So you got to put that price tag on it. 0:01:51.680 --> 0:01:53.880 And that only comes from doing the fundamental research right, 0:01:53.960 --> 0:01:56.240 understanding the business. And so one of the things I 0:01:56.320 --> 0:01:59.720 like to tell myself is simple once it gets a 0:02:00.040 --> 0:02:03.080 hundred percent for me, now it's time for me to 0:02:03.120 --> 0:02:06.440 think about do I have another business because I don't want. 0:02:06.320 --> 0:02:07.680 To just set hundred percent profit. 0:02:07.800 --> 0:02:11.760 Yeah, I don't want to just sell and have the 0:02:11.800 --> 0:02:13.360 money sitting in my account. 0:02:13.760 --> 0:02:15.120 I think that's what most people do. 0:02:15.200 --> 0:02:17.079 Like, so you got to put a tag on it 0:02:17.120 --> 0:02:19.440 and then put a life expectancy on it, like what 0:02:19.560 --> 0:02:22.440 do I expect it to do in this timeframe? And 0:02:22.720 --> 0:02:25.600 is it up a certain percentage in this timeframe? So 0:02:25.639 --> 0:02:29.399 for me, the goal is already buy and hold five. 0:02:29.240 --> 0:02:31.840 Years, ten years, twenty years. 0:02:31.520 --> 0:02:33.720 Like you have to have a life expectancy of it, 0:02:33.800 --> 0:02:36.480 how you wanted to perform. And then I'm asking myself, well, 0:02:36.560 --> 0:02:38.800 in this time if I'm up one hundred percent or more, 0:02:39.200 --> 0:02:42.480 if i have another stock that I'm willing to invest in. 0:02:42.840 --> 0:02:45.480 That's why we should always be looking for new businesses. 0:02:45.760 --> 0:02:47.880 That's why I tell people all the time, like I 0:02:47.919 --> 0:02:50.160 don't care what's going on every day, I'm researching new 0:02:50.200 --> 0:02:53.280 businesses because the world going to keep on solving problems. 0:02:53.280 --> 0:02:55.799 That's what businesses are, man, They solved problems, you know 0:02:55.840 --> 0:02:57.919 what I'm saying. So the world always is presented with 0:02:57.960 --> 0:03:00.360 a problem. Somebody's always going to try to do something better, 0:03:00.560 --> 0:03:03.240 like Amazon drop whatever they drop, Boom, Snowflake coming with 0:03:03.240 --> 0:03:04.640 they say I could do it better than Amazon. 0:03:04.960 --> 0:03:05.639 You feel what I'm saying. 0:03:05.720 --> 0:03:08.520 So now we're saying, Okay, let me find different businesses 0:03:08.560 --> 0:03:11.160 that are solving different problems or doing things better than 0:03:11.200 --> 0:03:13.799 other businesses. Even Jeff Bezos said that, he said, there's 0:03:13.840 --> 0:03:15.560 going to be a time where some business is going 0:03:15.639 --> 0:03:18.680 to come and do better than what I'm doing at 0:03:18.680 --> 0:03:21.440 what I'm doing, which is why he keeps on spreading 0:03:21.440 --> 0:03:23.320 a business out. So what I like to do is 0:03:23.360 --> 0:03:26.000 again put the light time span on it, whether it's 0:03:26.040 --> 0:03:28.320 a five year, three year, two year, one year, whatever 0:03:28.320 --> 0:03:29.040 that case may be. 0:03:29.360 --> 0:03:31.720 If I'm up one hundred percent or more and i 0:03:31.880 --> 0:03:32.919 found another. 0:03:32.680 --> 0:03:35.640 Business that I like, I can take those profits and 0:03:35.680 --> 0:03:36.880 then put it in another piode. 0:03:36.880 --> 0:03:39.160 So when you get to one hundred percent, right, are 0:03:39.200 --> 0:03:41.880 you saying like, are you taking a portion of the 0:03:41.920 --> 0:03:44.240 shares or you completely leaving the position? 0:03:44.400 --> 0:03:44.640 Nah? 0:03:44.680 --> 0:03:47.840 So I want to stay in a position right because 0:03:47.840 --> 0:03:49.480 if it's up one hundred percent to me, that I 0:03:49.480 --> 0:03:52.880 mean it's still performing well. Like if the fundamentals are increasing, 0:03:53.160 --> 0:03:54.600 management is doing a great job. 0:03:54.840 --> 0:03:55.280 That's cool. 0:03:55.280 --> 0:03:57.520 I don't want to exit that position, right, so I 0:03:57.560 --> 0:03:59.720 can take some of those profits, which means selling some 0:03:59.760 --> 0:04:01.520 of the shares when people don't know, like because I 0:04:01.600 --> 0:04:03.920 heard people ask me that, like if I take profit, 0:04:04.000 --> 0:04:05.640 does that mean I'm selling some of the shares. 0:04:05.680 --> 0:04:07.200 Of course you are, you know what I'm saying. 0:04:07.240 --> 0:04:09.680 So you'll sell some of those shares and you'll put 0:04:09.720 --> 0:04:11.920 it in a new business, and now you can start 0:04:11.960 --> 0:04:16.240 another position with those profits, which is ideal, you know 0:04:16.240 --> 0:04:19.160 what I'm saying. Another way for me to sell is 0:04:19.279 --> 0:04:21.840 if the business is not performing well, you know what 0:04:21.880 --> 0:04:23.560 I'm saying. So if I did the research on it, 0:04:23.560 --> 0:04:26.320 if I evaluated a business, and also in evaluating a business, 0:04:26.320 --> 0:04:29.080 when you put it life expectancy on it, time span 0:04:29.200 --> 0:04:31.320 that you want to do it you being intentional, right, 0:04:31.400 --> 0:04:33.520 and so you asking yourself what is the growth rate 0:04:33.600 --> 0:04:34.279 of this business? 0:04:34.279 --> 0:04:34.960 So how would you call? 0:04:35.120 --> 0:04:37.680 Because this is something that even today in Thankment, somebody 0:04:37.720 --> 0:04:39.359 came up to me and he was like, you know, 0:04:39.920 --> 0:04:41.680 I know I should invest in good companies, but how 0:04:41.680 --> 0:04:43.800 do I know? How do I find? How do I 0:04:43.800 --> 0:04:45.880 even find a good company? Like do you have to 0:04:45.920 --> 0:04:49.200 like read newspapers? Like how do you, like, what's your 0:04:49.240 --> 0:04:51.200 process actually know? Okay, like you said, you got to 0:04:51.200 --> 0:04:53.719 constantly find new businesses? Right, how do you constantly find 0:04:53.760 --> 0:04:54.640 new business So an. 0:04:54.520 --> 0:04:56.919 Easy way for me, I still use the method like 0:04:56.960 --> 0:04:58.600 I did in prison. Man, I just look at all 0:04:58.600 --> 0:05:01.240 them ticket symbols that's going on the bottom of CNBC, 0:05:01.880 --> 0:05:03.800 Like that's putting it on training wheels. That's without you 0:05:03.880 --> 0:05:06.120 happen to even do anything, or like you get on 0:05:06.200 --> 0:05:08.760 CNBC shout out to the trappers because I told them this, 0:05:08.800 --> 0:05:11.279 saying they do it now, Like you get on CNBC 0:05:11.440 --> 0:05:13.960 and there's a bunch of ticket symbols running cross the bottom, 0:05:14.360 --> 0:05:16.520 ones that you don't know about that like now what 0:05:16.600 --> 0:05:16.800 is that? 0:05:17.240 --> 0:05:19.240 Write it down? Like, don't be scared to do that. 0:05:19.240 --> 0:05:21.920 And another thing is also I just look at what's 0:05:21.960 --> 0:05:24.599 going on everything I'm buying or everything I'm looking at 0:05:24.640 --> 0:05:25.560 it saying who made this? 0:05:26.240 --> 0:05:28.560 What this is? Who produced this? Who did that? 0:05:28.839 --> 0:05:30.680 You know, if I'm looking at tech, I won't see 0:05:30.680 --> 0:05:32.520 like what tech been. Like the other day I found 0:05:32.560 --> 0:05:36.800 out that a business the ticket symbol was alby L. 0:05:37.200 --> 0:05:38.320 I was like, oh, this is the people who make 0:05:38.360 --> 0:05:40.400 light sauce. Like I didn't know who made it. But 0:05:40.440 --> 0:05:42.960 as I'm reading the papers, I saw that light SAF 0:05:43.200 --> 0:05:45.800 sales had increased by seventy percent. The first thing I 0:05:45.800 --> 0:05:49.160 want to know is who make that right? Who make that? 0:05:49.320 --> 0:05:51.360 Who make light SAF right? And I'm a find out 0:05:51.360 --> 0:05:53.880 if it's public as private right? So I think that's 0:05:53.880 --> 0:05:56.640 the easy part in finding businesses. And then what happens 0:05:56.760 --> 0:05:59.599 is when you're looking at one business, it's always going 0:05:59.680 --> 0:06:01.920 to shoot you to another business. It's always going to 0:06:02.000 --> 0:06:03.240 shoot you to its competitor. 0:06:03.640 --> 0:06:04.640 Like, so that's for me, I. 0:06:04.600 --> 0:06:07.560 Always do that what this business is doing, I want 0:06:07.640 --> 0:06:09.280 compare it to something. So now I'm gonna look up 0:06:10.200 --> 0:06:12.920 such and such peers. So I know the competitor light Soil, 0:06:12.960 --> 0:06:13.640 It's Clorox. 0:06:14.120 --> 0:06:16.120 You know what I'm saying. So I'm that's easy. 0:06:16.560 --> 0:06:19.599 That's like, it's it's not hard because sixty percent of 0:06:19.600 --> 0:06:21.640 the business is in America on a stock monet. 0:06:21.760 --> 0:06:24.159 So now that part of your fundamentals is that's the 0:06:24.160 --> 0:06:26.279 first step, right, looking for peers. What else are we 0:06:26.320 --> 0:06:27.880 doing to make sure that this is a good company? 0:06:27.880 --> 0:06:28.960 Are we looking at? 0:06:29.160 --> 0:06:29.440 Uh? 0:06:29.680 --> 0:06:31.200 I know one of the things you love is note that, 0:06:31.520 --> 0:06:32.880 but what are some other things that we looking at? 0:06:32.920 --> 0:06:34.360 When we're trying to figure out yep, this is a 0:06:34.400 --> 0:06:34.960 good company. 0:06:35.080 --> 0:06:38.240 Motes, Oh, motes. Can I tell you when you said 0:06:38.240 --> 0:06:39.880 that last time? I always heard when you talk. 0:06:39.760 --> 0:06:41.600 About most of that, Well, I mean we're big Game 0:06:41.640 --> 0:06:43.640 of Thrones fans, so when we talk it makes me 0:06:43.680 --> 0:06:45.200 think of like when they was at Castle Black and 0:06:45.240 --> 0:06:46.919 it was like, yo, they can't get into the castle 0:06:46.920 --> 0:06:49.000 because the war is always around. Yeah, And so like 0:06:49.080 --> 0:06:51.000 I'm like, oh, that's how we think about motes. When 0:06:51.040 --> 0:06:52.880 you say it's exactly what can you? Can you talk 0:06:52.920 --> 0:06:53.320 about most? 0:06:53.760 --> 0:06:57.880 So a mote is what protects a company from its competitors, right, 0:06:57.920 --> 0:07:00.000 and so there there's different kinds of most And that's 0:07:00.000 --> 0:07:01.680 that's another thing for me too. When I'm looking at 0:07:01.680 --> 0:07:04.440 a business. I actually told a guy there's at Dykeman today. 0:07:05.040 --> 0:07:07.400 I was He explained to me about a business he 0:07:07.440 --> 0:07:08.640 was looking at and he was like, they got a 0:07:08.680 --> 0:07:10.000 mote and I was like, so what is the moat? 0:07:10.360 --> 0:07:12.160 And he was like, well, they're the only person doing 0:07:12.160 --> 0:07:13.640 this and they feel. 0:07:13.400 --> 0:07:15.960 And I said, ask yourself this question, are they the 0:07:16.000 --> 0:07:19.760 only business that's doing it because they have an advantage 0:07:19.800 --> 0:07:22.360 like they can they have a patent on it, or 0:07:23.520 --> 0:07:27.239 management find a way to what they it will cost 0:07:27.240 --> 0:07:30.160 another business too much money to try to replicate that, 0:07:30.840 --> 0:07:32.720 or just can are they just the first ones to 0:07:32.760 --> 0:07:34.360 do it and then anybody else can come back and 0:07:34.360 --> 0:07:34.560 do it. 0:07:34.600 --> 0:07:36.320 If that's the case, it's not a moat. You know 0:07:36.360 --> 0:07:36.800 what I'm saying. 0:07:36.800 --> 0:07:40.400 If I can speed rap, and then if Rishard, if 0:07:40.440 --> 0:07:42.800 Troy studied me for three weeks and then he learned 0:07:42.800 --> 0:07:45.120 how to speed rap, then he can he can challenge me. 0:07:45.160 --> 0:07:47.000 Now you feel what I'm saying. But if I can 0:07:47.040 --> 0:07:50.080 speed rap in a way that he can't get it, 0:07:50.600 --> 0:07:53.520 I now have set myself apart. Right, So a mote, 0:07:54.040 --> 0:07:57.000 there's different motes that businesses can have. What is a 0:07:57.040 --> 0:07:59.720 mo So a mote is what protects a business from 0:07:59.720 --> 0:08:03.239 his competitors. Right, It's some type of product or service 0:08:03.600 --> 0:08:08.200 that this business has that their competitors cannot do. And 0:08:08.280 --> 0:08:11.640 they cannot do it for multiple reasons. One, it'll cost 0:08:11.720 --> 0:08:14.080 them too much money to do it. Right, So if 0:08:14.080 --> 0:08:16.160 it's gonna cost you too much money to replicate this. 0:08:16.280 --> 0:08:20.080 Chipotle chapote, you know what I mean. 0:08:20.880 --> 0:08:27.920 So they have this amazing mode where they build relationships 0:08:28.120 --> 0:08:31.800 anywhere that they build a store at, they find local 0:08:31.880 --> 0:08:36.040 farmers within one hundred mile radius, and they partner with 0:08:36.080 --> 0:08:41.240 them in anything that the farmers need, very willing to 0:08:41.400 --> 0:08:45.360 help them for two reasons, one to make sure the 0:08:45.440 --> 0:08:50.240 crops are great, and two to solidify themselves as the plug. 0:08:50.679 --> 0:08:53.680 So you grow fresh crops, I'm a bond from you. 0:08:53.720 --> 0:08:55.920 But here here's what you need, and if you need 0:08:55.960 --> 0:08:57.800 help with any of this, I'm gonna help you. 0:08:58.920 --> 0:08:59.079 Right. 0:08:59.200 --> 0:09:01.840 So, now with that does is it allows them now 0:09:02.360 --> 0:09:04.440 for their competitors to come beat them. 0:09:04.679 --> 0:09:05.880 You gotta double my price. 0:09:07.320 --> 0:09:10.600 So now now it's going to cut into your profit, 0:09:11.040 --> 0:09:14.280 which now gets into low operational costs. The cost that 0:09:14.320 --> 0:09:16.760 it cost is the business to operate. You feel what 0:09:16.800 --> 0:09:19.160 I'm saying. So because your pote, they have done that. 0:09:20.080 --> 0:09:23.800 Now the second mold to that is every day they 0:09:23.840 --> 0:09:27.920 give you fresh ingredients because they've partnered with all the 0:09:28.040 --> 0:09:31.600 local farmers around that business. Right, so every day now 0:09:31.600 --> 0:09:36.000 that they've guaranteed to give you fresh vegetables that is 0:09:36.040 --> 0:09:40.120 extremely hard to replicate. It's gonna cost you too much 0:09:40.200 --> 0:09:43.680 money to replicate this, so at this point it's not 0:09:43.760 --> 0:09:44.280 even worth it. 0:09:44.480 --> 0:09:46.840 So from what I'm hearing, it's like, yo, if I 0:09:46.880 --> 0:09:48.000 wanted to make the burrito. 0:09:48.440 --> 0:09:50.360 Right, if I don't have that mode, it's gonna cost 0:09:50.440 --> 0:09:52.760 me like sixteen dollars. It's gonna cost you pole like 0:09:52.840 --> 0:09:55.360 seven dollars something like that. Yeah, So in that sense, 0:09:55.559 --> 0:09:57.800 and then pricing is a type of remote. It's called 0:09:57.840 --> 0:10:00.079 a pricing mode, all right, So there's orether more types. 0:09:59.920 --> 0:10:04.000 Of There's another mode that I really love is called 0:10:04.080 --> 0:10:12.280 a switching mode. So a switching mode is so how hot? 0:10:12.360 --> 0:10:16.360 So example, let's think about this business called let's just 0:10:16.400 --> 0:10:17.000 think about Apple. 0:10:17.080 --> 0:10:20.240 Let's just keep it simple. So most people who. 0:10:20.080 --> 0:10:25.640 Have iPhone, they also have MacBook pros, or they'll have 0:10:25.760 --> 0:10:29.920 an Apple Watch, or they're in that Apple ecosystem. Right, 0:10:31.200 --> 0:10:35.360 the chances of me switching from Apple to Android or 0:10:35.440 --> 0:10:39.920 any other type of phone, it's slimming none. Because now 0:10:40.400 --> 0:10:43.439 I gotta switch all my information off the Apple cloud 0:10:43.760 --> 0:10:45.559 to somebody else's cloud. 0:10:46.080 --> 0:10:47.120 That's a switching mote. 0:10:47.520 --> 0:10:50.360 Or in business, a lot of businesses will do this. 0:10:51.120 --> 0:10:56.320 So let's say cybersecurity. Right, So let's say a business 0:10:56.360 --> 0:11:00.200 has all of their I'm using this cyber secure their 0:11:00.240 --> 0:11:04.360 business to protect all of my brands. It's extremely hard 0:11:04.400 --> 0:11:07.160 for me to switch from this cyber security company to 0:11:07.280 --> 0:11:10.840 another cyber security company. Because all of my information is 0:11:10.840 --> 0:11:15.319 stored here, it becomes now it becomes a hassle, whereas 0:11:15.400 --> 0:11:17.520 I can just work that's worked this out to see 0:11:17.520 --> 0:11:20.959 what the problem is and fix it. So switching modes 0:11:20.960 --> 0:11:24.440 are extremely great because nobody likes to switch. 0:11:24.679 --> 0:11:28.200 People love conveniences. Businesses are the same way. 0:11:28.480 --> 0:11:29.800 I don't have to go through all Now I gotta 0:11:29.840 --> 0:11:33.040 shut business down, I gotta lose money, or I gotta 0:11:33.080 --> 0:11:36.840 be I gotta open my business now becomes vulnerable to 0:11:37.160 --> 0:11:40.400 something like cybersecurity is serious, which is why I love cybersecurity. 0:11:40.840 --> 0:11:41.000 Right. 0:11:41.080 --> 0:11:44.560 So any brand that it becomes a hassle for another brand, 0:11:44.600 --> 0:11:47.080 for the business, for its customers or service to leave 0:11:47.120 --> 0:11:49.880 that brand to go to another brand, that's a switching motive. 0:11:49.920 --> 0:11:52.560 So let me ask you this as far as like 0:11:52.760 --> 0:11:55.440 another thing that we haven't spoken about before. You're real 0:11:55.480 --> 0:12:00.079 big on like people hear like growth stocks, right, but 0:12:00.160 --> 0:12:02.079 what does that mean? Like what is a growth stock? 0:12:02.200 --> 0:12:05.800 Because for an average person, they're thinking like, I'm only 0:12:05.840 --> 0:12:11.000 buying the stock, So you brok that like I'm not 0:12:11.080 --> 0:12:16.199 buying a non growth stock or a dead stagnant stock. 0:12:16.320 --> 0:12:17.720 So what's a growth stock? 0:12:18.000 --> 0:12:18.360 All right? 0:12:18.440 --> 0:12:19.640 So this is this is dope. 0:12:19.720 --> 0:12:22.520 Like, so a while back, what I did was I 0:12:22.559 --> 0:12:25.320 had broke down stocks the way I break them down. 0:12:25.400 --> 0:12:29.600 So I put stocks in three different situations, right is 0:12:30.720 --> 0:12:37.520 young bucks, og, gangsters, and ogs. Right, so it's three 0:12:37.520 --> 0:12:42.160 different categories. So young bucks I use in comparison, I 0:12:42.240 --> 0:12:46.640 use somebody like little baby, Right, so somebody who he 0:12:46.720 --> 0:12:50.400 has a huge upside, the potential. He just started his career, right, 0:12:50.480 --> 0:12:55.199 so his upside is extremely good, right, but what comes 0:12:55.200 --> 0:12:57.960 with that because he's young, he's still liable to get 0:12:58.080 --> 0:13:02.160 make some mistakes along the way that he jeopardized his career, right, 0:13:02.240 --> 0:13:02.800 but the. 0:13:02.720 --> 0:13:07.480 Upside is amazing, Like you see it. You see he's 0:13:07.520 --> 0:13:08.760 a star. Right. 0:13:08.880 --> 0:13:12.160 That's a growth stock. Right, That's somebody with a lot 0:13:12.200 --> 0:13:15.439 of potential. And what happens is growth stocks tend to 0:13:15.600 --> 0:13:20.120 outperform the market for numerous amount of years. But the 0:13:20.160 --> 0:13:24.720 thing about them is they are extremely volatile because the 0:13:24.840 --> 0:13:28.880 company will make mistakes and a lot of times they 0:13:28.960 --> 0:13:33.760 aren't necessarily profitable in the beginning. Right, So now what 0:13:33.840 --> 0:13:38.160 happens is the company you got to ask yourself risk 0:13:38.280 --> 0:13:42.600 tolerance comes into play, Like can I deal with the 0:13:42.679 --> 0:13:47.480 downsides of this relationship with this stock, right, and so 0:13:47.559 --> 0:13:51.080 then we have your gangsters, right, So your gainsters is 0:13:51.120 --> 0:13:53.319 somebody who probably who've been around. 0:13:53.040 --> 0:13:53.560 For a minute. 0:13:53.600 --> 0:13:57.800 They're a little more mature, right, but they'll still they'll 0:13:57.840 --> 0:14:01.480 still You'll see that in the news if something pop up, 0:14:01.640 --> 0:14:03.559 you know what I'm saying, Like something. 0:14:03.320 --> 0:14:06.720 Can happen, right, And then you have your ogs, And 0:14:06.760 --> 0:14:07.120 that's like. 0:14:07.080 --> 0:14:09.920 Your Johnson and Johnson's. They've been around for you know, 0:14:10.040 --> 0:14:12.840 they consistent. Then going nowhere they hear. 0:14:12.800 --> 0:14:14.760 So like somebody like Netflix will kind of be like 0:14:14.760 --> 0:14:15.280 a gangster. 0:14:15.600 --> 0:14:16.240 You know what I'm saying. 0:14:16.280 --> 0:14:19.640 They still kind of volatile, but you still see the upside. 0:14:19.640 --> 0:14:22.520 They still have growth in them. But any given day 0:14:22.520 --> 0:14:24.680 you can get up and they down two percent, three percent, 0:14:25.040 --> 0:14:26.480 you know what I'm saying, whereas a growth stop, you 0:14:26.560 --> 0:14:29.440 get up to date, it's up, tomorrow's down ten percent. 0:14:29.440 --> 0:14:31.600 You're like, god, damn, you know what I'm saying. What 0:14:31.760 --> 0:14:33.440 happened right here? Oh yeah, you know they shot a 0:14:33.480 --> 0:14:34.040 club bro. 0:14:34.120 --> 0:14:39.320 Like you know right here on TMZ right now? 0:14:39.640 --> 0:14:42.240 So what so that's a grossot. What about a value stock? 0:14:42.480 --> 0:14:44.600 So a value stock will a lot of fall under 0:14:44.640 --> 0:14:48.920 like your og stocks. Right, Somebody like Calipillar, somebody like. 0:14:48.960 --> 0:14:51.440 Johnson and Johnson Walls. 0:14:51.520 --> 0:14:54.320 Yeah it's og so, but it has a ton of value, right, 0:14:54.400 --> 0:14:57.440 the value is there. But also value stocks tend to 0:14:57.480 --> 0:15:00.840 not have growth and they're trading Let then with the 0:15:00.880 --> 0:15:03.080 market say if they should be trading at you know 0:15:03.080 --> 0:15:03.680 what I'm saying, So. 0:15:03.600 --> 0:15:05.840 Then it would be an undervalue stock. But value stocks 0:15:05.840 --> 0:15:06.640 are stocks. 0:15:06.320 --> 0:15:10.680 That have consistently performed well provided value to the marketplace, 0:15:10.720 --> 0:15:12.440 and we just know what they're about. You know what 0:15:12.440 --> 0:15:14.560 I'm saying, And so it make it easy so people 0:15:14.600 --> 0:15:17.200 don't get lost in the sauce and confuse them. Think 0:15:17.240 --> 0:15:19.520 about your ogs, like think about stocks that have been 0:15:19.520 --> 0:15:22.800 around since you was a kid, so so like so 0:15:23.000 --> 0:15:26.280 like a growth stock is something that has tremendous upside, 0:15:26.320 --> 0:15:28.240 but it's also extremely violatile. 0:15:28.240 --> 0:15:30.200 It can be like a young rapper that's just getting 0:15:30.240 --> 0:15:31.000 money for the first time. 0:15:31.080 --> 0:15:32.320 Yeah, he's gonna he gonna mess. 0:15:32.200 --> 0:15:35.400 Up something, and then what's the second one? The gangster 0:15:35.920 --> 0:15:39.720 gangsters that's just like you've been around long enough where 0:15:39.760 --> 0:15:42.560 you know the ropes, but you still like you still 0:15:42.600 --> 0:15:47.040 can make a mistake. Like a French Montana French is 0:15:47.160 --> 0:15:49.680 safe man, I would say, gz. 0:15:49.880 --> 0:15:53.240 I was, I was, so you get so now you 0:15:53.320 --> 0:15:56.280 got to ask yourself, like, so jez what you could 0:15:56.320 --> 0:15:58.520 consider Jesus? So he would be like in the middle 0:15:58.600 --> 0:16:01.000 of you know, and I really get into this because 0:16:01.040 --> 0:16:06.360 like you said, yeah, but like so for me, like 0:16:06.480 --> 0:16:08.400 I would look at somebody like when I made the post, 0:16:08.440 --> 0:16:11.080 That's what it was like, somebody like Fab or jez 0:16:11.680 --> 0:16:12.800 For me, that's like yeah. 0:16:12.840 --> 0:16:16.400 And then so jay Z is he not even get 0:16:16.400 --> 0:16:18.280 a parking ticket? And at this point, like you. 0:16:18.240 --> 0:16:21.880 Know, his career, like like the fat Joel a Jezn 0:16:23.440 --> 0:16:26.480 that's your ogs, like they solid, they strong. You know, 0:16:26.480 --> 0:16:28.200 if they dropped something, you're gonna cop that on the 0:16:28.240 --> 0:16:31.280 strength because like you you remember, it's gonna take you back, 0:16:31.640 --> 0:16:34.000 you know what I'm saying. And so the gangsters would 0:16:34.040 --> 0:16:37.240 be like your gz fab you know what I'm saying, 0:16:37.280 --> 0:16:37.760 your kiss. 0:16:40.280 --> 0:16:43.000 So we got ogs, we got gangs, and got young 0:16:44.160 --> 0:16:47.040 where you putting Tesla in that, oh man? 0:16:47.240 --> 0:16:50.800 So for me, honestly, it's a young buck because even 0:16:50.840 --> 0:16:52.880 though they've been around, they now become. 0:16:52.760 --> 0:16:55.720 Established and they're extremely volatile, right and they. 0:16:56.080 --> 0:16:59.720 Like Eli running the like sugar night man, do what 0:16:59.720 --> 0:17:01.280 I want, I say what I want man, I don't 0:17:01.320 --> 0:17:02.640 care if you don't like it or not. I don't 0:17:02.680 --> 0:17:04.680 even care the shell holds like what I say or not. Look, 0:17:04.680 --> 0:17:06.440 this is what we're doing. The probably the stock too high. 0:17:07.000 --> 0:17:08.800 Next day that my stock go down, you make up 0:17:08.840 --> 0:17:12.000 like yo, I was up eight percent, I woke up 0:17:12.040 --> 0:17:13.720 two hundred. You know what I'm saying. So Tesla is 0:17:13.760 --> 0:17:15.719 definitely a young buck, you know what I'm saying. But 0:17:15.800 --> 0:17:18.760 it's one of those young bucks like little baby, Like 0:17:18.880 --> 0:17:21.200 every time I drop, it's a banger, you know what 0:17:21.240 --> 0:17:23.440 I'm saying. 0:17:24.280 --> 0:17:26.119 What about what about? All right? 0:17:26.160 --> 0:17:28.120 So, like what's an example of like a good growth 0:17:28.160 --> 0:17:29.240 stock out there right now? 0:17:29.800 --> 0:17:30.520 In your opinion? 0:17:33.080 --> 0:17:35.200 Tesla was one where we talked about that already. 0:17:35.640 --> 0:17:39.560 Right, I'm gonna be real, like beyond me, beyond me, 0:17:40.000 --> 0:17:42.320 like beyond me, Like why do you like beyond me? 0:17:42.480 --> 0:17:42.600 So? 0:17:42.680 --> 0:17:44.600 Because you so one of the things it's good to 0:17:44.640 --> 0:17:46.360 look at is actually. 0:17:48.440 --> 0:17:51.440 Where where where the world is heading? Right? 0:17:51.480 --> 0:17:56.240 So we and even though beyond me isn't a healthy move, Like, 0:17:56.359 --> 0:17:58.639 let's just be real, a lot of people don't care 0:17:58.640 --> 0:18:00.760 about their hell, bro when. 0:18:00.640 --> 0:18:04.080