WEBVTT - Cliff Notes: HOW TO READ STOCK FUNDAMENTALS WITH WALL STREET TRAPPER

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<v Speaker 1>An illegal alien from Guatemala charged with raping a child

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<v Speaker 1>in Massachusetts. An MS thirteen gang member from Al Salvador

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<v Speaker 1>accused of murdering a Texas man of Venezuelan charged with

0:00:11.920 --> 0:00:15.840
<v Speaker 1>filming and selling child pornography in Michigan. These are just

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<v Speaker 1>some of the heinous migrant criminals caught because of President

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<v Speaker 1>Donald J. Trump's leadership. I'm Christy nom the United States

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<v Speaker 1>Secretary of Homeland Security. Under President Trump, attempted illegal border

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<v Speaker 1>crossings are at the lowest levels ever recorded, and over

0:00:31.760 --> 0:00:34.960
<v Speaker 1>one hundred thousand illegal aliens have been arrested. If you

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<v Speaker 1>are here illegally, your next you will be fined nearly

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<v Speaker 1>one thousand dollars a day, imprisoned, and deported. You will

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<v Speaker 1>never return. But if you register using our CBP home

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<v Speaker 1>app and leave now, you could be allowed to return legally.

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<v Speaker 1>Do what's right. Leave now. Under President Trump, America's laws,

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<v Speaker 1>border and families will be protected.

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<v Speaker 2>Sponsored by the United States Department of Homeland Security.

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<v Speaker 3>We talk about like the core analysis a lot in companies.

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<v Speaker 3>But you you're you're real big on breaking companies down, right,

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<v Speaker 3>So can you just take a couple of minutes and

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<v Speaker 3>just kind of explain your process as far as and

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<v Speaker 3>shout out to my guy jose We gotta get him

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<v Speaker 3>on head the Millennial money mentor. He's a really dope

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<v Speaker 3>dud yea should follow him on Instagram and he had.

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<v Speaker 2>A dope jose Man. Yeah that's what yep, Yeah, he had.

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<v Speaker 3>A dope post. But he kind of broke down how

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<v Speaker 3>to look at the company's balance sheet. Talked about like

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<v Speaker 3>dead assets, liabilities. So can you just talk about like

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<v Speaker 3>a few things that you might look at when you're

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<v Speaker 3>evaluating a company.

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<v Speaker 4>All right, So for me, the first thing I want

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<v Speaker 4>to do is I look at the company profile. I

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<v Speaker 4>need to know everything that I can understand about that

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<v Speaker 4>business before I even look at the numbers. Because what

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<v Speaker 4>happens is we have this, we have this thing that

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<v Speaker 4>where when we see the numbers, the numbers swear us

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<v Speaker 4>one way or another. Right the numbers. We can look

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<v Speaker 4>at the numbers a little bit like oh, a million dollars,

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<v Speaker 4>a billion dollars, you go to we go to putting

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<v Speaker 4>this idea in our head already we look at the

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<v Speaker 4>stock price. The first thing we see about it is, oh,

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<v Speaker 4>I'm a way with the stock price to fall, not

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<v Speaker 4>even understanding the value of a business. So for me,

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<v Speaker 4>what's important for me is understanding not only what the

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<v Speaker 4>business is, what they do, understanding their core business and

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<v Speaker 4>their core asset.

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<v Speaker 2>The next thing is actually seeing financially.

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<v Speaker 4>How have they grown? So I'm looking for financial growth.

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<v Speaker 4>So now one of the things you're going to look

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<v Speaker 4>at is that balance sheet. Right, fundamental analysis. Right, No

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<v Speaker 4>matter what business you are, no matter where you are

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<v Speaker 4>in business, the objective of your business is to make money.

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<v Speaker 2>That's the way you can survive. Right.

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<v Speaker 4>So and looking at a company's balance sheet, we want

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<v Speaker 4>to look at the balance sheet tells us about assets

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<v Speaker 4>and liabilities that a business has. Right, So you'll see

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<v Speaker 4>four factors on it that's really important. You'll see current assets,

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<v Speaker 4>current liability. So what current assets and current liabilities mean?

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<v Speaker 4>Money that's due to the business or money that's owed

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<v Speaker 4>out to the business between now twelve months current the

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<v Speaker 4>word current right Now, When you take the current assets

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<v Speaker 4>and the current and you take the current liabilities away,

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<v Speaker 4>that give you what's called working capital.

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<v Speaker 2>Right.

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<v Speaker 4>Working capital is the money that the business has on

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<v Speaker 4>hand on deck are due to them within a twelve

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<v Speaker 4>month timespan.

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<v Speaker 2>Think about this.

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<v Speaker 4>A lot of businesses that are going bankrupt now had

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<v Speaker 4>negative working capital. Right, It's kind of like somebody telling

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<v Speaker 4>you have an emergency fund.

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<v Speaker 2>It's equivalent to that. Businesses operate the same way.

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<v Speaker 4>They have to have money that they can use in

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<v Speaker 4>case something happens within a twelve month time span.

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<v Speaker 2>They need that.

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<v Speaker 4>Then you'll have total assets total liabilities. You want that

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<v Speaker 4>to be positive. When you take all a we a

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<v Speaker 4>companies total liabilities from the total assets, you want that

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<v Speaker 4>to be positives.

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<v Speaker 2>Overall that the company is ain't good financial.

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<v Speaker 4>So also we look in that is we can go

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<v Speaker 4>to the actual income statement.

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<v Speaker 2>On that income.

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<v Speaker 4>Statement, we'll see we'll hear what's called top line and

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<v Speaker 4>bottom line group.

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<v Speaker 2>Right.

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<v Speaker 4>Top line equals the revenue that comes into a business. Right,

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<v Speaker 4>so all the money that comes in through sales is

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<v Speaker 4>called revenue. Bottom line again is the profit net gross

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<v Speaker 4>is everything net is once you take everything away, this

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<v Speaker 4>is left over, right, So what we want to look

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<v Speaker 4>at is when we're looking at the revenue, there's this

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<v Speaker 4>thing called cost of revenue.

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<v Speaker 2>So now we need to see how much did it

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<v Speaker 2>cost the business to make bring this revenue in.

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<v Speaker 4>So that's marketing, that's advertising, that's whatever they had to

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<v Speaker 4>do to bring that in. So you're gonna take that cost,

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<v Speaker 4>the revenue from the revenue, and then what's left from.

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<v Speaker 2>There, we'll see where the gross, where.

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<v Speaker 4>The net isn't there, and then we'll go to the

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<v Speaker 4>income statement, I mean the balance sheet, and we'll look

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<v Speaker 4>that the assets and liabilities and we can get into

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<v Speaker 4>cash flow statement because that's what's important to me. What's

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<v Speaker 4>important to me is cash flow. I want to also

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<v Speaker 4>see the balance sheet positive. I want work in capital

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<v Speaker 4>be the positive, but I want to see cash flow positive.

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<v Speaker 2>Cash Flow is the money that's going in and out

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<v Speaker 2>of a business.

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<v Speaker 4>We want that to be positive because if the if

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<v Speaker 4>the business is not investing money right, if the business

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<v Speaker 4>is not loaning money right, if the business isn't investing

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<v Speaker 4>shareholder capital right, there's some metrics that we look at.

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<v Speaker 2>We look at all o I S, return on invested

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<v Speaker 2>capital right.

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<v Speaker 4>Businesses are actually just like banks, right, because a business

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<v Speaker 4>is like, yo, we got all this money. We need

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<v Speaker 4>to do something with this money. So a business will

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<v Speaker 4>literally go to another business and be like, look, you

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<v Speaker 4>got one hundred and twenty billion dollars.

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<v Speaker 2>On you on your on your book.

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<v Speaker 4>That you ain't doing nothing with Instead of me getting

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<v Speaker 4>a bank loan, let me get a loan from you

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<v Speaker 4>a business like okay, cool, we'll give you that.

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<v Speaker 2>We'll give you that loan. Businesses do this all the time, right,

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<v Speaker 2>and so what.

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<v Speaker 4>Gets some business is called up and it's getting into

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<v Speaker 4>something a little different is a lot of businesses will

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<v Speaker 4>have these share buy backs. This is another thing that

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<v Speaker 4>can cause businesses to go bankrupt because what happens is

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<v Speaker 4>a share buy back is when the business takes.

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<v Speaker 2>And buy some of it shares off the market.

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<v Speaker 4>So when a business buys some of it shares off

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<v Speaker 4>the market, this increases the stock price. So one of

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<v Speaker 4>the most important things in business and investing. People always

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<v Speaker 4>say that the customer is always right.

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<v Speaker 2>You only earners. What's up?

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<v Speaker 5>You ever walk into a small business and everything just

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<v Speaker 5>works like the checkout is fast, or seats of digital

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<v Speaker 5>tipping is a breeze and you're out the door before

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<v Speaker 5>the line even builds. Odds are they're using Square. We

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<v Speaker 5>love supporting businesses that run on Square because it just

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<v Speaker 5>feels seamless, whether it's a local coffee shop, a vendor

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<v Speaker 5>at a pop up market, or even one of our

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<v Speaker 5>merch partners Square makes it easy for them to take payments,

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<v Speaker 5>manage inventory, and run their business with confidence, all from

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<v Speaker 5>one simple system. If you're a business owner or even

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<v Speaker 5>just thinking about launching something soon, Square is hands down

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<v Speaker 5>one of the best tools out there to help you start,

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<v Speaker 5>run and grow. It's not just about payments, it's about

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<v Speaker 5>giving you time back so you can focus on what

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<v Speaker 5>matters most ready. To see how Square can transform your business,

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<v Speaker 5>visit Square dot com backslash go backslash eyl to learn

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<v Speaker 5>more that Square dot com backslash, go backslash eyl. Don't wait,

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<v Speaker 5>don't hesitate. Let's Square handle the back end so you

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<v Speaker 5>can keep pushing your vision forward. This episode is brought

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<v Speaker 5>to you by P and C Bank. A lot of

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<v Speaker 5>people think podcasts about work are boring, and sure, they

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<v Speaker 5>definitely can be, but understanding a professional's routine shows us

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<v Speaker 5>how they achieve their success little by little, day after day.

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<v Speaker 5>It's like banking with P and C Bank. It might

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<v Speaker 5>seem boring the safe plan and make calculated decisions with

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<v Speaker 5>your bank, but keeping your money boring is what helps

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<v Speaker 5>you live or more happily fulfilled life. P and C

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<v Speaker 5>Bank brilliantly boring since eighteen sixty five. Brilliantly Boring since

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<v Speaker 5>eighteen sixty five is a service mark of the PNC

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<v Speaker 5>Financial Service Group, Inc. P and C Bank National Association

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<v Speaker 5>Member FDIC.

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<v Speaker 1>An illegal alien from Guatemala charged with raping a child

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<v Speaker 1>in Massachusetts. An MS thirteen gang member from Al Salvador

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<v Speaker 1>accused of murdering a Texas man of Venezuelan charged with

0:08:40.360 --> 0:08:44.280
<v Speaker 1>filming and selling child pornography in Michigan. These are just

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<v Speaker 1>some of the heinous migrant criminals caught because of President

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<v Speaker 1>Donald J. Trump's leadership. I'm Christy nom the United States

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<v Speaker 1>Secretary of Homeland Security. Under President Trump, attempted illegal border

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<v Speaker 1>crossings are at the lowest levels ever recorded. Over one

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<v Speaker 1>hundred thousand illegal aliens have been arrested. If you are

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<v Speaker 1>here illegally, your next you will be fine nearly one

0:09:07.679 --> 0:09:12.240
<v Speaker 1>thousand dollars a day, imprisoned and deported, you will never return.

0:09:12.559 --> 0:09:15.600
<v Speaker 1>But if you register using our CBP home app and

0:09:15.679 --> 0:09:19.000
<v Speaker 1>leave now, you could be allowed to return legally. Do

0:09:19.120 --> 0:09:24.240
<v Speaker 1>what's right. Leave now. Under President Trump, America's laws, border

0:09:24.440 --> 0:09:26.280
<v Speaker 1>and families will be protected.

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<v Speaker 2>Sponsored by the United States Department of Homeland Security give.

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<v Speaker 4>That term inside of a store on the management supervisor level.

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<v Speaker 4>Once you get into the investment level, the number one

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<v Speaker 4>rule is add value to shareholders. How can we add

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<v Speaker 4>value to shareholders? One of the ways we add value

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<v Speaker 4>to shareholders is by buying that shares increasing the stock price.

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<v Speaker 4>That's how we add value. Right, So now check this out.

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<v Speaker 4>You're supposed to take money that you make and have

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<v Speaker 4>it set on side for a rainy day. But instead

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<v Speaker 4>you have greedy CEOs and what they do is every

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<v Speaker 4>time they have money, they're buying back shares. They're consistently

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<v Speaker 4>buying back shares. So if you consistently buying back shares,

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<v Speaker 4>true enough, you are adding value to shareholders. But when

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<v Speaker 4>times like this, something that comes out of nowhere, now

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<v Speaker 4>your business can't float because you've now bought share buy

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<v Speaker 4>back three years in a row and you have no

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<v Speaker 4>money on the side. While you have companies like Berkshaw

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<v Speaker 4>have to weig, Microsoft, Google, Facebook. They literally have one

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<v Speaker 4>hundred billion dollars eighty billion dollars. Larn Buffet has one

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<v Speaker 4>hundred and thirty two billion dollars money sitting right there.

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<v Speaker 4>Microsoft has one hundred and forty eight billion dollars. Apple

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<v Speaker 4>has one hundred they had one hundred and ninety billion

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<v Speaker 4>dollars sitting there not doing nothing with it. These are

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<v Speaker 4>the type of big is we want to deal with.

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<v Speaker 4>So those are some things that I person to look

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<v Speaker 4>at without going too too deep.

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<v Speaker 2>It is keeping on a you know, on a level.

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<v Speaker 2>We often dissect this.

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<v Speaker 4>You want to look at working assets, I mean current assets,

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<v Speaker 4>current liabilities.

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<v Speaker 2>Take those away, you'll get working capital.

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<v Speaker 4>You want that to be positive, and then you'll have

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<v Speaker 4>total assets, total liabilities.

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<v Speaker 2>You want to take the assets from that.

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<v Speaker 4>You want that to be positive, and you want to

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<v Speaker 4>cast go from the business to be positive.

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<v Speaker 2>I hope I ain't go too deep. I try to that.

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<v Speaker 2>I just I just had one follow up.

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<v Speaker 3>So everything you said was was free jewelry. I hope

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<v Speaker 3>everybody paid attention put them put them houses up on YouTube.

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<v Speaker 2>Shot like I once again shout to my gout host.

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<v Speaker 3>He had a post and he said, like he goes

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<v Speaker 3>to Yahoo finance to find out this stuff, like do

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<v Speaker 3>you use y'aho find Like what what website do you

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<v Speaker 3>use to actually look to see information?

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<v Speaker 4>Yahoo finance is good, but out right it's it's twenty

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<v Speaker 4>twenty right now. We've into the second quarter.

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<v Speaker 2>For some businesses.

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<v Speaker 4>You'll go to Yahoo Finance and it'll still say twenty eighteen.

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<v Speaker 4>You know what I'm saying. So you can use that.

0:12:10.600 --> 0:12:12.760
<v Speaker 4>Somebody put it in there. You can use SEC dot

0:12:12.880 --> 0:12:17.439
<v Speaker 4>gov or edgar. But for me personally, I'm going straight

0:12:17.520 --> 0:12:20.120
<v Speaker 4>to the company website. I'm going straight to the website.

0:12:20.160 --> 0:12:21.920
<v Speaker 4>I'm gonna straight to the investor relations page.

0:12:21.960 --> 0:12:24.240
<v Speaker 2>I'm gonna talk my talk. I'm gonna see, I'm gonna

0:12:24.240 --> 0:12:26.160
<v Speaker 2>look at transcript. See. I'm an avid reader.

0:12:26.360 --> 0:12:29.000
<v Speaker 4>I'm a learning machine, right, So I would look at

0:12:29.280 --> 0:12:31.800
<v Speaker 4>I'll look at an SEC dot gov all day.

0:12:32.000 --> 0:12:34.800
<v Speaker 2>I'll look at investor relation report all day.

0:12:34.880 --> 0:12:37.240
<v Speaker 4>I'll look at ammal reports from four years ago, to

0:12:37.280 --> 0:12:41.360
<v Speaker 4>see how the revenue has consistently grown, how the income,

0:12:41.400 --> 0:12:43.160
<v Speaker 4>how the earnings have consistently grained.

0:12:43.240 --> 0:12:47.760
<v Speaker 2>As it's great as a I'll say this like as

0:12:47.800 --> 0:12:49.640
<v Speaker 2>a quick, as like something quick to go to.

0:12:50.400 --> 0:12:52.920
<v Speaker 4>But if you go there and it's twenty twenty and

0:12:52.960 --> 0:12:56.120
<v Speaker 4>they still got four quarter twenty eighteen, now you're gonna

0:12:56.120 --> 0:12:56.520
<v Speaker 4>be stuck.

0:12:57.240 --> 0:12:59.240
<v Speaker 2>You don't know what to go to now. So now

0:12:59.240 --> 0:13:01.679
<v Speaker 2>you gotta go to so again, SEC dot up.

0:13:01.679 --> 0:13:04.400
<v Speaker 4>And I'm gonna be real too, that site can't confuse

0:13:04.440 --> 0:13:08.040
<v Speaker 4>a lot of people SCC DOC. If you don't know

0:13:08.080 --> 0:13:11.400
<v Speaker 4>what you're going on to look for, where you get

0:13:11.480 --> 0:13:12.080
<v Speaker 4>lost there.

0:13:12.360 --> 0:13:13.560
<v Speaker 2>So the next best thing.

0:13:13.440 --> 0:13:15.120
<v Speaker 4>Is to just go to the investor relations phase of

0:13:15.160 --> 0:13:17.960
<v Speaker 4>any company, right and just and they'll tell you everything

0:13:18.000 --> 0:13:20.400
<v Speaker 4>you need to know there. So for me, I'll use

0:13:20.480 --> 0:13:24.400
<v Speaker 4>the SEC. I'll use it, I'll who finance. But it

0:13:24.400 --> 0:13:27.560
<v Speaker 4>ain't my goal to it ain't my goal. There's a

0:13:27.600 --> 0:13:32.760
<v Speaker 4>whole lot, whole lot of houses going up there.

0:13:31.040 --> 0:13:35.360
<v Speaker 2>Real quick, even on the back side. Like remember like

0:13:35.400 --> 0:13:37.959
<v Speaker 2>in the mid two thousand and early two thousands.

0:13:37.559 --> 0:13:39.600
<v Speaker 6>When the artists will come out and they'll be like, yo,

0:13:39.640 --> 0:13:42.640
<v Speaker 6>he sold six hundred thousand, and you're like, I don't

0:13:42.640 --> 0:13:46.320
<v Speaker 6>hear anybody playing this record though, right, it's a corporate

0:13:46.400 --> 0:13:49.079
<v Speaker 6>version of universal and depth sham and buying.

0:13:48.840 --> 0:13:51.400
<v Speaker 2>All them records facts, and like you said, when.

0:13:51.320 --> 0:13:53.800
<v Speaker 6>You get it now you have no real money to

0:13:53.880 --> 0:13:57.440
<v Speaker 6>invest into the actual business and to piggyback off what

0:13:57.480 --> 0:13:59.839
<v Speaker 6>Trump saying, Like when you're looking at those numbers, when

0:13:59.840 --> 0:14:02.160
<v Speaker 6>you go to the technical side, go look at Ford

0:14:02.280 --> 0:14:05.080
<v Speaker 6>and see how their balance sheet was. Ford's been in

0:14:05.120 --> 0:14:09.840
<v Speaker 6>trouble for a long GM been in trouble for a

0:14:10.160 --> 0:14:11.959
<v Speaker 6>long time, and that's why we try to keep it

0:14:12.000 --> 0:14:16.440
<v Speaker 6>simple with the analogies and the comparisons, like if you

0:14:16.480 --> 0:14:19.080
<v Speaker 6>would not want to drive a Ford or a GM,

0:14:19.120 --> 0:14:20.960
<v Speaker 6>then why would you want to put your money there?

0:14:21.600 --> 0:14:23.080
<v Speaker 6>And that's why I asked them what kind of phone

0:14:23.120 --> 0:14:25.360
<v Speaker 6>you have? Most people have iPhone. It's an easy way

0:14:26.040 --> 0:14:29.720
<v Speaker 6>to say into that. So those buybacks be careful because

0:14:29.760 --> 0:14:31.960
<v Speaker 6>if the company is doing well, you're going to have

0:14:32.080 --> 0:14:36.040
<v Speaker 6>enough institutions, hedge funds and retail investors that buy on

0:14:36.080 --> 0:14:39.200
<v Speaker 6>their own and they don't have the records back to

0:14:39.200 --> 0:15:03.760
<v Speaker 6>get these things up in the market.

0:15:05.640 --> 0:15:09.520
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