1 00:00:01,240 --> 00:00:02,000 Speaker 1: Earners. What's up. 2 00:00:02,080 --> 00:00:04,560 Speaker 2: You ever walk into a small business and everything just 3 00:00:04,720 --> 00:00:07,880 Speaker 2: works like The checkout is fast, the receipts are digital, 4 00:00:08,400 --> 00:00:11,399 Speaker 2: tipping is a breeze, and you're out the door before 5 00:00:11,400 --> 00:00:15,560 Speaker 2: the line even builds. Odds are they're using Square. We 6 00:00:15,720 --> 00:00:18,280 Speaker 2: love supporting businesses that run on Square because it just 7 00:00:18,280 --> 00:00:21,520 Speaker 2: feels seamless. Whether it's a local coffee shop, a vendor 8 00:00:21,560 --> 00:00:23,840 Speaker 2: at a pop up market, or even one of our 9 00:00:23,880 --> 00:00:27,560 Speaker 2: merch partners, Square makes it easy for them to take payments, 10 00:00:27,760 --> 00:00:31,480 Speaker 2: manage inventory, and run their business with confidence, all from 11 00:00:31,600 --> 00:00:35,000 Speaker 2: one simple system. If you're a business owner or even 12 00:00:35,080 --> 00:00:38,600 Speaker 2: just thinking about launching something soon, Square is hands down 13 00:00:38,640 --> 00:00:41,680 Speaker 2: one of the best tools out there to help you start, run, 14 00:00:41,920 --> 00:00:45,240 Speaker 2: and grow. It's not just about payments, it's about giving 15 00:00:45,240 --> 00:00:47,519 Speaker 2: you time back so you can focus. 16 00:00:47,159 --> 00:00:48,760 Speaker 1: On what matters most Ready. 17 00:00:48,760 --> 00:00:52,159 Speaker 2: To see how Square can transform your business, visit Square 18 00:00:52,240 --> 00:00:56,760 Speaker 2: dot com backslash go backslash eyl to learn more that 19 00:00:56,960 --> 00:01:02,400 Speaker 2: Square dot com backslash, go backslash eyl. Don't wait, don't hesitate. 20 00:01:02,520 --> 00:01:04,880 Speaker 2: Let's Square handle the back end so you can keep 21 00:01:04,920 --> 00:01:11,000 Speaker 2: pushing your vision forward. This episode is brought to you 22 00:01:11,040 --> 00:01:13,320 Speaker 2: by P and C Bank, a lot of people think 23 00:01:13,360 --> 00:01:17,240 Speaker 2: podcasts about work are boring, and sure they definitely can be, 24 00:01:17,760 --> 00:01:21,000 Speaker 2: but understanding of professionals routine shows us how they achieve 25 00:01:21,080 --> 00:01:25,280 Speaker 2: their success little by little, day after day. It's like 26 00:01:25,360 --> 00:01:28,160 Speaker 2: banking with P and C Bank. It might seem boring 27 00:01:28,160 --> 00:01:31,080 Speaker 2: to save plan and make calculated decisions with your bank, 28 00:01:31,440 --> 00:01:33,920 Speaker 2: but keeping your money boring is what helps you live 29 00:01:34,080 --> 00:01:38,080 Speaker 2: or more happily fulfilled life. P and C Bank Brilliantly 30 00:01:38,160 --> 00:01:42,720 Speaker 2: Boring since eighteen sixty five. Brilliantly Boring since eighteen sixty 31 00:01:42,720 --> 00:01:46,000 Speaker 2: five is a service mark of the PNC Financial Service Group, Inc. 32 00:01:46,480 --> 00:01:49,880 Speaker 2: P and C Bank National Association Member FDIIC. 33 00:01:51,640 --> 00:01:54,160 Speaker 3: What are the top four lessons we should learn from 34 00:01:54,200 --> 00:01:56,520 Speaker 3: Warren Buffet, dominant in the market this year. 35 00:01:58,280 --> 00:02:01,120 Speaker 4: Number one, not to dba from your plan. 36 00:02:01,280 --> 00:02:04,080 Speaker 5: I know a lesson that gets talked about a lot, 37 00:02:04,120 --> 00:02:07,760 Speaker 5: but it's probably one of the most important ones. Number two, 38 00:02:08,600 --> 00:02:11,480 Speaker 5: build your portfolio of regardless of what's going on, that 39 00:02:11,560 --> 00:02:14,760 Speaker 5: you won't have the ko destruction in it. A lot 40 00:02:14,800 --> 00:02:17,200 Speaker 5: of times, remember, like in twenty twenty and twenty twenty one, 41 00:02:17,280 --> 00:02:20,720 Speaker 5: you have people criticizing the Buffett as if he's not 42 00:02:20,800 --> 00:02:23,720 Speaker 5: the greatest to ever do this. There's a reason he's 43 00:02:23,720 --> 00:02:25,920 Speaker 5: been able to sustain for all of these years, and 44 00:02:25,960 --> 00:02:31,000 Speaker 5: even after losing Charlie, they haven't lost a step. I 45 00:02:31,000 --> 00:02:35,480 Speaker 5: think number three that lesson around him, just taking it 46 00:02:35,480 --> 00:02:37,799 Speaker 5: in data and leading five or six hours a day 47 00:02:38,720 --> 00:02:41,160 Speaker 5: is really important because I feel like Tom, they investors 48 00:02:41,200 --> 00:02:45,639 Speaker 5: are emotional in their decisions and not fact based. And 49 00:02:45,680 --> 00:02:48,720 Speaker 5: then lastly, just to focus on the companies that are 50 00:02:48,720 --> 00:02:51,200 Speaker 5: going to give you the host return and block all 51 00:02:51,200 --> 00:02:55,360 Speaker 5: the noise up. I think a lot, especially in our community. 52 00:02:55,600 --> 00:02:58,560 Speaker 5: I can only imagine how many people have lost out 53 00:02:58,600 --> 00:03:01,640 Speaker 5: on money just by solely listening to the track to 54 00:03:01,680 --> 00:03:04,640 Speaker 5: be paid to try and typhon away audience and. 55 00:03:04,680 --> 00:03:05,600 Speaker 1: Viewership the loss. 56 00:03:05,600 --> 00:03:09,079 Speaker 4: It didn't work. But I just go back to twenty 57 00:03:09,120 --> 00:03:13,240 Speaker 4: twenty one, we had the little war we with uh 58 00:03:13,760 --> 00:03:14,639 Speaker 4: Bull's challenge. 59 00:03:15,720 --> 00:03:17,800 Speaker 5: All the people that lost out on money just not 60 00:03:17,919 --> 00:03:22,120 Speaker 5: listening to Microsoft Video or btr so blocking out the 61 00:03:22,160 --> 00:03:26,000 Speaker 5: noise the most importantly building building that portfolio and its 62 00:03:26,080 --> 00:03:28,279 Speaker 5: destruction free regardless of what happens. 63 00:03:27,960 --> 00:03:28,400 Speaker 1: In the rock. 64 00:03:29,680 --> 00:03:32,400 Speaker 6: Yeah, old boy, you killed the generation of investors. 65 00:03:35,880 --> 00:03:40,880 Speaker 2: It to Santo, I would just like to say, based. 66 00:03:40,600 --> 00:03:44,800 Speaker 1: On here, curse this my buffet. 67 00:03:44,960 --> 00:03:48,640 Speaker 2: I think one of the most valuable lessons is that 68 00:03:48,760 --> 00:03:50,040 Speaker 2: trimming at your highs. 69 00:03:50,400 --> 00:03:53,560 Speaker 1: Trimming at the high that's a great yes, right. 70 00:03:53,680 --> 00:03:57,760 Speaker 2: Like I remember in November in October when he was 71 00:03:57,800 --> 00:03:59,720 Speaker 2: trimming at Apple and it was climbing to his all 72 00:03:59,760 --> 00:04:02,200 Speaker 2: time highs, and he was taking profits and he sold off, 73 00:04:02,200 --> 00:04:03,720 Speaker 2: and people were like, well, why is he doing that? 74 00:04:04,360 --> 00:04:05,960 Speaker 2: And we were kind of saying, like, you know what, 75 00:04:06,080 --> 00:04:08,160 Speaker 2: this guy's too smart. He's doing this for a reason. 76 00:04:08,240 --> 00:04:10,640 Speaker 2: He knows something we know we kind of couldn't figure 77 00:04:10,680 --> 00:04:12,840 Speaker 2: it out. And then you see what happens here in 78 00:04:12,960 --> 00:04:16,640 Speaker 2: early January with the deep jam inside the semiconductor space. 79 00:04:18,480 --> 00:04:20,799 Speaker 2: Then we see what happens with the tariffs. And basically, 80 00:04:21,560 --> 00:04:25,440 Speaker 2: I mean they had information for sure of kind of 81 00:04:25,440 --> 00:04:27,719 Speaker 2: where this thing was headed. And so a lot of 82 00:04:27,760 --> 00:04:30,520 Speaker 2: times people will say, oh my gosh, the stocks falling, 83 00:04:30,520 --> 00:04:32,760 Speaker 2: stocks falling, I need to take profit now before I 84 00:04:32,839 --> 00:04:35,880 Speaker 2: lose it all or it goes back to my buying point. 85 00:04:37,160 --> 00:04:38,960 Speaker 1: But he didn't do that, right, Like, he. 86 00:04:39,040 --> 00:04:43,000 Speaker 2: Sold at highs, got max profit, kept it on the sideline, 87 00:04:43,200 --> 00:04:45,440 Speaker 2: and he just lived by his age old adage. Right, 88 00:04:45,480 --> 00:04:49,240 Speaker 2: when everybody is fearful, really and when people would reed 89 00:04:49,440 --> 00:04:51,599 Speaker 2: be fearful and see when you start seeing things run 90 00:04:51,600 --> 00:04:54,400 Speaker 2: to us all time high, and especially after the election, 91 00:04:54,560 --> 00:04:56,919 Speaker 2: we saw that run up and a bunch of companies 92 00:04:56,960 --> 00:05:00,240 Speaker 2: in an SMP as well and in bitcoin, people got 93 00:05:00,279 --> 00:05:02,400 Speaker 2: greedy to profit. 94 00:05:03,640 --> 00:05:06,599 Speaker 1: Now, if you look at fair and greedy indext, it 95 00:05:06,640 --> 00:05:10,200 Speaker 1: was in a single digits a couple of weeks ago. 96 00:05:10,320 --> 00:05:12,880 Speaker 2: Yeah, people are extremely fearful and he's sitting with a 97 00:05:12,880 --> 00:05:15,720 Speaker 2: treasure chest. And so that's a valuable lesson that when 98 00:05:15,760 --> 00:05:18,360 Speaker 2: you hit some of your marks, whatever your benchmark is, whether. 99 00:05:18,240 --> 00:05:19,520 Speaker 1: It's twenty percent, thirty percent. 100 00:05:19,560 --> 00:05:23,080 Speaker 2: Sometimes I know people looking for one hundred percent return, 101 00:05:23,200 --> 00:05:24,800 Speaker 2: especially in the options. You know they didn't want to 102 00:05:24,800 --> 00:05:26,120 Speaker 2: get one hundred percent or they want to get to 103 00:05:26,160 --> 00:05:28,880 Speaker 2: one thousand percent. Make sure that you trim some profits 104 00:05:28,880 --> 00:05:31,960 Speaker 2: to have reserves because there is going to be another pullback. 105 00:05:32,279 --> 00:05:34,320 Speaker 2: It's just part of the life cycle of the market 106 00:05:34,440 --> 00:05:37,320 Speaker 2: and you can make some really really good decisions that 107 00:05:37,360 --> 00:05:40,239 Speaker 2: can change your your portfolio and your life. 108 00:05:40,880 --> 00:05:46,680 Speaker 3: Yeah, Pokemon is importantly looking at release of crympton back 109 00:05:46,800 --> 00:05:50,839 Speaker 3: on salonas blockchain NFT component to it is that something 110 00:05:50,880 --> 00:05:52,680 Speaker 3: that you know you're interested in. 111 00:05:53,640 --> 00:05:56,719 Speaker 4: I thought it was fascinated that they brand like this 112 00:05:56,800 --> 00:05:57,280 Speaker 4: will do it. 113 00:05:57,960 --> 00:06:01,200 Speaker 5: I'm only one other black pising about web three maybe 114 00:06:01,400 --> 00:06:03,320 Speaker 5: two n T community. 115 00:06:03,320 --> 00:06:08,440 Speaker 4: I need y'all compute with my flops, but not Pokemon. 116 00:06:08,920 --> 00:06:11,560 Speaker 5: But if Call of Duty and Great does something they 117 00:06:11,640 --> 00:06:14,880 Speaker 5: employ your n f T, I would be interesting give 118 00:06:14,920 --> 00:06:18,119 Speaker 5: it validity because we haven't seen a company of still 119 00:06:18,920 --> 00:06:21,760 Speaker 5: playing that market. There's been some offshoot brands and off 120 00:06:21,760 --> 00:06:23,400 Speaker 5: sheet players that have been in that space. 121 00:06:24,080 --> 00:06:26,359 Speaker 4: But if there is real value there, I wonder if 122 00:06:26,360 --> 00:06:27,240 Speaker 4: there's a way that. 123 00:06:27,200 --> 00:06:27,760 Speaker 6: They can. 124 00:06:29,160 --> 00:06:31,960 Speaker 5: Include that into their own ecosystem and make a bible. 125 00:06:32,240 --> 00:06:38,400 Speaker 5: I don't want to be very but it did get 126 00:06:38,400 --> 00:06:41,880 Speaker 5: my brain turning on if Call of Duty or far 127 00:06:42,000 --> 00:06:42,640 Speaker 5: Crome you know. 128 00:06:43,560 --> 00:06:46,599 Speaker 6: M No, I think it's interesting. I mean I think, well, 129 00:06:46,600 --> 00:06:47,839 Speaker 6: first of all, a lot of y'all. 130 00:06:48,440 --> 00:06:49,840 Speaker 4: Okay, let's wake it up. 131 00:06:49,839 --> 00:06:52,240 Speaker 6: I'm you're trying to find Pokemon. 132 00:06:52,360 --> 00:06:57,400 Speaker 3: You need to find your girl fact because it's like 133 00:06:57,720 --> 00:07:01,480 Speaker 3: pokey pokey already. 134 00:07:01,200 --> 00:07:06,280 Speaker 6: So all messed up and apart for Pika trying to 135 00:07:06,279 --> 00:07:11,520 Speaker 6: look through the bench. Meanwhile, now for west Side. 136 00:07:12,920 --> 00:07:19,240 Speaker 1: Moments ago, like how was supposed to tell you where 137 00:07:19,280 --> 00:07:20,720 Speaker 1: she's been at? No? 138 00:07:20,880 --> 00:07:26,840 Speaker 2: I think so shout out to Aaron. Wait what you 139 00:07:26,880 --> 00:07:29,600 Speaker 2: know what happened to son? Now that calls me, he 140 00:07:29,680 --> 00:07:33,000 Speaker 2: calls me Aaron Plummer when when. 141 00:07:32,840 --> 00:07:42,440 Speaker 7: He Wednesday Wednesday, not to get confused with Brian, where 142 00:07:42,480 --> 00:07:44,239 Speaker 7: is it you, Brian Pump? 143 00:07:44,720 --> 00:07:45,560 Speaker 4: Oh my god. 144 00:07:46,360 --> 00:07:50,720 Speaker 1: Now they disrespected him. They disrespected because I was gonna 145 00:07:50,720 --> 00:07:51,960 Speaker 1: go to Troy. 146 00:07:53,120 --> 00:07:56,840 Speaker 3: Justin's son was the CEO of the CEO of trom. 147 00:07:57,160 --> 00:08:01,520 Speaker 3: He was a dude that was beating baselone. Oh he was. 148 00:08:01,800 --> 00:08:05,520 Speaker 3: He was trying was supposed to be the coin for gamers. Yeah, 149 00:08:05,760 --> 00:08:08,400 Speaker 3: because gamification, that was the whole thing of Like there's 150 00:08:08,440 --> 00:08:10,480 Speaker 3: a lot of money. Like if my son asked me 151 00:08:10,520 --> 00:08:14,800 Speaker 3: for money one more time for in app purchases inside 152 00:08:14,840 --> 00:08:15,520 Speaker 3: of two k. 153 00:08:16,120 --> 00:08:19,160 Speaker 6: Yeah, I'm like, you're spending more money. 154 00:08:18,920 --> 00:08:24,600 Speaker 3: On this than close, Like like you're spending more money 155 00:08:24,640 --> 00:08:28,480 Speaker 3: to enhance your players profile that you are like on 156 00:08:28,760 --> 00:08:31,480 Speaker 3: actually real life items for your like daily use. 157 00:08:31,840 --> 00:08:35,760 Speaker 6: So this millions billions of dollars being spent in a games. 158 00:08:35,800 --> 00:08:36,600 Speaker 6: So if they have their. 159 00:08:36,559 --> 00:08:40,360 Speaker 3: Native currency, I think that's actually something that makes a 160 00:08:40,400 --> 00:08:41,079 Speaker 3: lot of sense. 161 00:08:41,320 --> 00:08:45,640 Speaker 2: So I spent a lot of hours studying trying, so 162 00:08:45,679 --> 00:08:47,520 Speaker 2: that was that was part of that story. 163 00:08:47,559 --> 00:08:50,079 Speaker 1: Like I remember calling him and like Yo, you need 164 00:08:50,120 --> 00:08:50,800 Speaker 1: to come back home. 165 00:08:51,000 --> 00:08:53,920 Speaker 2: I found something and a lot of hours are spent 166 00:08:54,040 --> 00:08:58,360 Speaker 2: doing that because of that. I think Pokemon specifically, it's 167 00:08:58,800 --> 00:09:03,360 Speaker 2: it's passed the time Pokemon. Right, this happened ten years ago, 168 00:09:03,880 --> 00:09:07,400 Speaker 2: and it's like semi peak right when it came out 169 00:09:07,440 --> 00:09:09,960 Speaker 2: and you had the Game Boy games and a couple 170 00:09:10,000 --> 00:09:12,200 Speaker 2: of years ago when they were actually using technology, like 171 00:09:12,200 --> 00:09:14,720 Speaker 2: you said to try to catch the Pokemon, or even 172 00:09:14,760 --> 00:09:17,440 Speaker 2: when the trading cards I know in the late nineties 173 00:09:17,440 --> 00:09:19,319 Speaker 2: that became a thing, but then it had a resurgence 174 00:09:19,360 --> 00:09:23,679 Speaker 2: and you kind of see like even loew and Paul 175 00:09:24,000 --> 00:09:26,840 Speaker 2: who who was wearing the Pokemon, there was a moment 176 00:09:26,920 --> 00:09:29,880 Speaker 2: you could see how like the NFT thing would have 177 00:09:29,880 --> 00:09:35,160 Speaker 2: been crazy for Pokemon, Like we're talking about ridiculous evaluations 178 00:09:35,160 --> 00:09:35,559 Speaker 2: for those. 179 00:09:37,200 --> 00:09:40,280 Speaker 1: I think you nailed it though in with your projection for. 180 00:09:42,160 --> 00:09:48,000 Speaker 5: GTA six though, yeah, that's the game they get Rockstar involved. 181 00:09:48,280 --> 00:09:49,080 Speaker 1: So Call of. 182 00:09:49,120 --> 00:09:52,760 Speaker 2: Duty more so from a standpoint where yes, you can 183 00:09:52,840 --> 00:09:56,280 Speaker 2: upgrade eat your XP to get more weapons and things 184 00:09:56,280 --> 00:10:01,640 Speaker 2: of that nature. Maybe gear g T A six is 185 00:10:01,960 --> 00:10:05,760 Speaker 2: an entire world, like a lifestyle like that is a 186 00:10:06,200 --> 00:10:09,800 Speaker 2: whole world. You can see, like if something is on 187 00:10:09,840 --> 00:10:15,679 Speaker 2: the blockchain and there that's gonna that's just blocks market, 188 00:10:15,760 --> 00:10:18,920 Speaker 2: but they have that population is a little younger, right, 189 00:10:18,960 --> 00:10:22,640 Speaker 2: so like, well maybe not. But the g TA thing 190 00:10:22,720 --> 00:10:26,000 Speaker 2: is like I'm I want to see that game, like 191 00:10:26,000 --> 00:10:27,880 Speaker 2: like real, like people who grew up on those games, 192 00:10:27,960 --> 00:10:30,760 Speaker 2: like you want to see because this is the first 193 00:10:30,800 --> 00:10:33,440 Speaker 2: general uh, the version that's going to be on the 194 00:10:33,480 --> 00:10:38,040 Speaker 2: new generation. Symptoms and anticipation has been incredible for it, 195 00:10:38,080 --> 00:10:39,600 Speaker 2: so this is final the year for it. 196 00:10:39,880 --> 00:10:44,240 Speaker 1: And we talked to T Grizzly about how. 197 00:10:44,120 --> 00:10:46,439 Speaker 2: People are monetizing inside that space and how they have 198 00:10:46,520 --> 00:10:48,200 Speaker 2: to get new service and things of that nature. So 199 00:10:48,280 --> 00:10:51,200 Speaker 2: imagine if that was actually a considered effort to make 200 00:10:51,240 --> 00:10:53,880 Speaker 2: it under a blockchain and whoever, I mean, they're probably 201 00:10:53,920 --> 00:10:56,160 Speaker 2: working on it now. That's going to be something that'd 202 00:10:56,200 --> 00:10:58,199 Speaker 2: be very interesting to look at and investment. 203 00:11:00,080 --> 00:11:03,439 Speaker 5: Yeah, it's the only ecosystem that has a fanatic fan 204 00:11:03,559 --> 00:11:06,400 Speaker 5: base and it's the. 205 00:11:08,360 --> 00:11:10,040 Speaker 1: Never ends, yeah, never end. 206 00:11:10,160 --> 00:11:11,760 Speaker 4: So that's the one. 207 00:11:11,880 --> 00:11:17,160 Speaker 5: If they have an NFT outlet, I'm interested bullesh on it. 208 00:11:17,200 --> 00:11:19,840 Speaker 1: But Pokemon GTA. 209 00:11:19,480 --> 00:11:27,800 Speaker 2: Six, well GTA six is GTA six is the real metaverse, gentlemen. 210 00:11:27,880 --> 00:11:28,400 Speaker 1: That's a fact. 211 00:11:28,880 --> 00:11:33,160 Speaker 8: For Sia, an illegal alien from Guatemala charged with raping 212 00:11:33,200 --> 00:11:36,680 Speaker 8: a child in Massachusetts. An MS thirteen gang member from 213 00:11:36,679 --> 00:11:41,040 Speaker 8: Al Salvador accused of murdering a Texas man of Venezuelan 214 00:11:41,400 --> 00:11:45,440 Speaker 8: charged with filming and selling child pornography in Michigan. These 215 00:11:45,440 --> 00:11:49,120 Speaker 8: are just some of the heinous migrant criminals caught because 216 00:11:49,120 --> 00:11:52,559 Speaker 8: of President Donald J. Trump's leadership. I'm Christy Noman, the 217 00:11:52,679 --> 00:11:57,280 Speaker 8: United States Secretary of Homeland Security. Under President Trump, attempted 218 00:11:57,320 --> 00:12:01,000 Speaker 8: illegal border crossings are at the lowest level ever recorded, 219 00:12:01,320 --> 00:12:04,360 Speaker 8: and over one hundred thousand illegal aliens have been arrested. 220 00:12:04,640 --> 00:12:08,200 Speaker 8: If you are here illegally, your next you will be 221 00:12:08,240 --> 00:12:12,120 Speaker 8: fine nearly one thousand dollars a day, imprisoned and deported, 222 00:12:12,600 --> 00:12:15,839 Speaker 8: you will never return. But if you register using our 223 00:12:15,840 --> 00:12:19,040 Speaker 8: CBP home app and leave now, you could be allowed 224 00:12:19,080 --> 00:12:24,040 Speaker 8: to return legally. Do what's right. Leave now. Under President Trump, 225 00:12:24,200 --> 00:12:27,360 Speaker 8: America's laws, border and families. 226 00:12:26,960 --> 00:12:29,360 Speaker 4: Will be protected. Sponsored by the United States Department of 227 00:12:29,400 --> 00:12:30,000 Speaker 4: Homeland Security,