1
00:00:00,080 --> 00:00:02,360
Speaker 1: Thanks for selling your car to Carvana. Here's your check.

2
00:00:02,640 --> 00:00:03,840
Speaker 2: WHOA, When did I get here?

3
00:00:04,000 --> 00:00:04,560
Speaker 3: What do you mean?

4
00:00:04,680 --> 00:00:06,680
Speaker 1: I swear it was just moments ago that I accepted

5
00:00:06,680 --> 00:00:08,440
Speaker 1: a great offer from Carvana online.

6
00:00:08,560 --> 00:00:10,320
Speaker 4: I must have time traveled to the future.

7
00:00:10,600 --> 00:00:11,760
Speaker 1: It was just moments ago.

8
00:00:11,920 --> 00:00:13,920
Speaker 4: We do same day pickup. Here's your check for that

9
00:00:13,960 --> 00:00:18,079
Speaker 4: great offer. It is the future, it's it's the present

10
00:00:18,239 --> 00:00:21,000
Speaker 4: and just the convenience of Carvana. Sorry to blow your mind,

11
00:00:21,280 --> 00:00:23,160
Speaker 4: It's all good. That happens all the time.

12
00:00:23,680 --> 00:00:28,040
Speaker 5: Sell your car, the convenient way to carve on a pickup.

13
00:00:28,040 --> 00:00:29,440
Speaker 5: Times may vary and fees may apply.

14
00:00:30,200 --> 00:00:34,800
Speaker 6: Let's talk about Amazon. So Amazon buys one medical for

15
00:00:35,000 --> 00:00:35,960
Speaker 6: three point nine billion.

16
00:00:36,000 --> 00:00:37,360
Speaker 4: We got two story on Amazon.

17
00:00:37,600 --> 00:00:39,600
Speaker 6: Yeah, so let's talk about this first one about them

18
00:00:39,680 --> 00:00:43,440
Speaker 6: buying one medical for a three point nine billion So

19
00:00:44,080 --> 00:00:47,160
Speaker 6: what does that mean? And how has that helped rise

20
00:00:47,200 --> 00:00:49,279
Speaker 6: the stock over the over the net? How will that

21
00:00:49,320 --> 00:00:51,360
Speaker 6: help rise the stock over the next couple of years?

22
00:00:51,360 --> 00:00:53,960
Speaker 6: What does that mean as far as them buying one

23
00:00:54,040 --> 00:00:56,280
Speaker 6: medical for three point nine billion dollars?

24
00:00:56,760 --> 00:01:00,120
Speaker 7: Yeah, I mean Amazon, you got start no truck go ahead. Now,

25
00:01:00,160 --> 00:01:02,040
Speaker 7: I was gonna say, you know, Amazon is still one

26
00:01:02,040 --> 00:01:03,560
Speaker 7: of my favorite companies. But we said this for a

27
00:01:03,600 --> 00:01:05,160
Speaker 7: long time. How do we add this is the same

28
00:01:05,160 --> 00:01:08,160
Speaker 7: thing that we didn't see with Snap when we're are acquisitions,

29
00:01:08,480 --> 00:01:11,600
Speaker 7: and so we knew that the number one e commerce

30
00:01:11,640 --> 00:01:14,120
Speaker 7: business and probably next year about it early next year

31
00:01:14,200 --> 00:01:17,319
Speaker 7: will be Amazon. And what field haven't they really conquered

32
00:01:17,360 --> 00:01:18,040
Speaker 7: and that's healthcare?

33
00:01:18,200 --> 00:01:20,080
Speaker 2: And so how do you do it? You go get

34
00:01:20,080 --> 00:01:20,919
Speaker 2: a healthcare company.

35
00:01:20,959 --> 00:01:23,560
Speaker 7: And so it's interesting because the feedback has been a

36
00:01:23,600 --> 00:01:26,160
Speaker 7: little shaky, right, well, people are looking at that way.

37
00:01:26,440 --> 00:01:30,000
Speaker 7: There has to be something against this, like the privacy here,

38
00:01:30,080 --> 00:01:32,520
Speaker 7: right If one medical a lot of people use that

39
00:01:32,600 --> 00:01:34,760
Speaker 7: to record their blood pressure, there restling their heart rates

40
00:01:34,800 --> 00:01:38,080
Speaker 7: and their lab tests. And now Amazon has access to that,

41
00:01:38,760 --> 00:01:40,880
Speaker 7: and so there's a couple of ways they can use it. Obviously,

42
00:01:40,920 --> 00:01:44,039
Speaker 7: they can ship you your information or your medicine to

43
00:01:44,080 --> 00:01:47,400
Speaker 7: you directly, obviously with Amazon Prime. But what else could

44
00:01:47,400 --> 00:01:49,440
Speaker 7: they do with it? Is it an invasion of privacy?

45
00:01:49,520 --> 00:01:52,800
Speaker 7: And so obviously there's regulations and government regulations that they

46
00:01:52,840 --> 00:01:53,040
Speaker 7: have to.

47
00:01:53,000 --> 00:01:53,840
Speaker 2: Abide by to do it.

48
00:01:53,840 --> 00:01:58,120
Speaker 7: But people are like, I didn't sign up to one

49
00:01:58,200 --> 00:02:01,120
Speaker 7: medical for Amazon to have all this information about me.

50
00:02:01,440 --> 00:02:03,120
Speaker 2: So it's an interesting type of situation.

51
00:02:03,200 --> 00:02:07,800
Speaker 1: Right now, from a stock and investment perspective, I think

52
00:02:07,800 --> 00:02:11,079
Speaker 1: it's a good acquisition. Will medical being a subscription based

53
00:02:12,240 --> 00:02:14,520
Speaker 1: which a lot more companies want Apple to do as well.

54
00:02:14,520 --> 00:02:17,640
Speaker 1: And now we told you guy last year, Amazon, Google,

55
00:02:17,880 --> 00:02:21,040
Speaker 1: and Apple will all go into the healthcare arena very soon.

56
00:02:21,200 --> 00:02:24,720
Speaker 1: This is like the first iteration of it. But in

57
00:02:24,800 --> 00:02:26,760
Speaker 1: addition to that, I know there's going to be pushed

58
00:02:26,760 --> 00:02:29,200
Speaker 1: back initially, but I think it's going to be amazing

59
00:02:29,240 --> 00:02:32,200
Speaker 1: to see customers be able to get their medical or

60
00:02:32,240 --> 00:02:36,280
Speaker 1: the prescriptions from one place. Fitness stuff Chamuth brought up

61
00:02:36,320 --> 00:02:39,440
Speaker 1: how whole foods and the diet can be integrated. And

62
00:02:39,560 --> 00:02:42,080
Speaker 1: from an investment standpoint, if you're looking at a store,

63
00:02:43,080 --> 00:02:47,040
Speaker 1: you can't like Kroger, Walgreens, Walmart.

64
00:02:47,080 --> 00:02:49,360
Speaker 4: We'll talk about that in a second. You can't compete

65
00:02:49,360 --> 00:02:49,639
Speaker 4: with them.

66
00:02:49,639 --> 00:02:53,280
Speaker 1: Now literally every almost everything with exception of a car,

67
00:02:53,400 --> 00:02:56,959
Speaker 1: that you need, you can now get from Amazon. Even

68
00:02:57,000 --> 00:02:59,840
Speaker 1: when we buy equipment, like I love BNH, but if

69
00:02:59,840 --> 00:03:01,480
Speaker 1: I order for Amazon, it's gonna come a hell of

70
00:03:01,480 --> 00:03:02,040
Speaker 1: a lot faster.

71
00:03:02,360 --> 00:03:05,639
Speaker 4: So now I can get medical data a lot faster.

72
00:03:06,320 --> 00:03:08,160
Speaker 1: And if they bring on the right people on terms

73
00:03:08,160 --> 00:03:10,239
Speaker 1: of a board and they need to make a statement

74
00:03:10,280 --> 00:03:11,600
Speaker 1: about those privacy issues.

75
00:03:11,639 --> 00:03:14,000
Speaker 4: But that I think if they get get a good spokesperson,

76
00:03:14,560 --> 00:03:15,240
Speaker 4: they'll be fine.

77
00:03:16,400 --> 00:03:19,320
Speaker 1: The blowback I get people are worried about big tech,

78
00:03:19,360 --> 00:03:21,480
Speaker 1: but the truth is we have no privacy now anyway

79
00:03:22,320 --> 00:03:25,000
Speaker 1: to whatever data you're trying to hide. I know some

80
00:03:25,080 --> 00:03:27,960
Speaker 1: dudes in Brooklyn who can get all your information for

81
00:03:28,040 --> 00:03:35,440
Speaker 1: two thousand bucks right now, listen, easily easily, right, listens.

82
00:03:36,640 --> 00:03:38,760
Speaker 4: A pastor should not have four hundred thousand dollars with your.

83
00:03:40,320 --> 00:03:43,800
Speaker 2: Wow wows. I need an investigation on the man and

84
00:03:43,800 --> 00:03:45,240
Speaker 2: the chip. I'm just keeping it.

85
00:03:45,680 --> 00:03:47,960
Speaker 4: He didn't budge and didn't think about it.

86
00:03:47,960 --> 00:03:49,360
Speaker 2: You didn't even I thought, I'm not yo.

87
00:03:49,480 --> 00:03:52,400
Speaker 6: He prayed, He did not think about it, didn't.

88
00:03:52,120 --> 00:03:54,280
Speaker 4: Move bro and beat the walls next to you.

89
00:03:54,720 --> 00:03:55,440
Speaker 6: Didn't think about it?

90
00:03:55,640 --> 00:03:58,040
Speaker 2: No man, what song was he on? That's why I

91
00:03:58,080 --> 00:03:58,600
Speaker 2: really wouldn't.

92
00:03:59,360 --> 00:04:09,720
Speaker 7: Oh, no, yo, Now you know what's interesting. We gotta stop,

93
00:04:09,760 --> 00:04:10,960
Speaker 7: We gotta, we gotta stop.

94
00:04:12,840 --> 00:04:15,080
Speaker 4: Tomorrow. I look about I.

95
00:04:15,080 --> 00:04:17,760
Speaker 7: Looked into one Medical right, and I had no idea. Right,

96
00:04:17,800 --> 00:04:19,839
Speaker 7: obviously they purchased a company, but I looked into it.

97
00:04:19,880 --> 00:04:21,800
Speaker 7: Do you know what the subscription model is for them?

98
00:04:21,839 --> 00:04:22,160
Speaker 2: Not much?

99
00:04:22,160 --> 00:04:22,640
Speaker 1: It costs.

100
00:04:23,560 --> 00:04:24,720
Speaker 4: How much was it three grade?

101
00:04:25,400 --> 00:04:29,560
Speaker 2: It's one nine a month? What one ninety nine a month?

102
00:04:29,600 --> 00:04:31,760
Speaker 7: So they track your blood rate, your resting heart rate,

103
00:04:31,960 --> 00:04:34,520
Speaker 7: they check your labs results, and they renew your prescriptions.

104
00:04:34,560 --> 00:04:36,400
Speaker 7: And so now I think you have all the information. Obviously,

105
00:04:36,400 --> 00:04:38,919
Speaker 7: that's how you can get your your medication a lot quicker.

106
00:04:39,000 --> 00:04:40,720
Speaker 7: But at one ninety nine a month, if you think

107
00:04:40,720 --> 00:04:42,960
Speaker 7: about that, like Amazon Prime is what one.

108
00:04:44,520 --> 00:04:46,160
Speaker 2: Was it one something a year?

109
00:04:46,560 --> 00:04:50,760
Speaker 7: Like one, you add one ninety nine a month, Let's

110
00:04:50,760 --> 00:04:52,760
Speaker 7: say you got a million customers. That's I mean, you're

111
00:04:52,800 --> 00:04:54,479
Speaker 7: talking about adding revenue models.

112
00:04:55,240 --> 00:04:57,000
Speaker 2: Not a bad acquisition.

113
00:04:56,600 --> 00:04:59,680
Speaker 7: But already subscription Yeah, I'm sorry, not not almost a year,

114
00:05:00,080 --> 00:05:01,200
Speaker 7: ninety nine a year, I'm sorry.

115
00:05:01,279 --> 00:05:05,239
Speaker 6: But then Amazon has already entered the space bar purchasing

116
00:05:05,279 --> 00:05:09,479
Speaker 6: pill pack yep, an investor. And so when you start

117
00:05:09,480 --> 00:05:13,479
Speaker 6: to see healthcare is the biggest industry in America. So

118
00:05:14,000 --> 00:05:16,280
Speaker 6: if you look at the American budget, when we were

119
00:05:16,320 --> 00:05:18,920
Speaker 6: teaching in the classroom, we had a lesson plan where

120
00:05:18,960 --> 00:05:24,520
Speaker 6: we showed the kids the national budget and healthcare. I

121
00:05:24,600 --> 00:05:27,200
Speaker 6: think it was like twenty eight percent something like that.

122
00:05:27,600 --> 00:05:31,279
Speaker 6: It was the largest I believe it was the largest amount.

123
00:05:32,440 --> 00:05:36,400
Speaker 6: Second with the military, I think. So, you know, there's

124
00:05:36,440 --> 00:05:40,040
Speaker 6: nothing bigger than healthcare and it's only going to continue

125
00:05:40,080 --> 00:05:41,640
Speaker 6: to be bigger and bigger. So that's why when you

126
00:05:41,680 --> 00:05:45,240
Speaker 6: see like Apple Health and Amazon acquiring pill Pack, now

127
00:05:45,240 --> 00:05:47,719
Speaker 6: they acquiring other So it's like in order to grow

128
00:05:47,839 --> 00:05:51,280
Speaker 6: and you have to be in the healthcare industry. So

129
00:05:51,320 --> 00:05:54,040
Speaker 6: you're going to see probably more of these companies. Google,

130
00:05:54,480 --> 00:05:56,600
Speaker 6: all of the top companies are going to diversify their

131
00:05:56,640 --> 00:06:01,359
Speaker 6: portfolio and get more into healthcare because it's it's literally

132
00:06:01,480 --> 00:06:05,600
Speaker 6: the biggest industry in America. Okay, so it only makes sense.

133
00:06:07,839 --> 00:06:10,760
Speaker 1: And the veteran the healthcare industry is right for disruption

134
00:06:11,200 --> 00:06:15,400
Speaker 1: changes very slowly. So yeah, Google probably jumping jumping the

135
00:06:15,440 --> 00:06:19,960
Speaker 1: lake mid next year. And also too, like if you're

136
00:06:19,960 --> 00:06:23,480
Speaker 1: going through a recession, if you're in that industry, people

137
00:06:23,600 --> 00:06:26,680
Speaker 1: are going to need healthcare services regardless. I mean, look

138
00:06:26,720 --> 00:06:32,400
Speaker 1: how much money healthcare is made from COVID. Yeah, that's

139
00:06:32,480 --> 00:06:35,920
Speaker 1: just one use stage. And I know people worried about

140
00:06:35,920 --> 00:06:38,960
Speaker 1: big tech and big brother. We gave up all rights

141
00:06:38,960 --> 00:06:44,800
Speaker 1: for privacy many let's go. So but I'm sure they'll

142
00:06:44,800 --> 00:06:46,799
Speaker 1: put out a statement about that about how they'll protect

143
00:06:47,040 --> 00:06:50,359
Speaker 1: users rights and not violating hip laws and stuff like that.

144
00:06:50,440 --> 00:06:52,000
Speaker 4: Even though some of y'all who work in the hospital

145
00:06:52,120 --> 00:06:53,080
Speaker 4: be violating hip laws.

146
00:06:54,000 --> 00:07:01,640
Speaker 7: But the Health Insurance Portability and Accountability at HIAA it

147
00:07:01,760 --> 00:07:05,160
Speaker 7: limits how company can use protective health information. So that

148
00:07:05,200 --> 00:07:09,400
Speaker 7: includes personal identifiable information as well as medical history, lab

149
00:07:09,480 --> 00:07:11,800
Speaker 7: tests as well as other health data. So there are

150
00:07:12,440 --> 00:07:15,160
Speaker 7: government protections and regulations that are in place. I'm sure

151
00:07:15,280 --> 00:07:18,320
Speaker 7: Arizona bye bye, and they'll make a killing inside the

152
00:07:18,320 --> 00:07:19,040
Speaker 7: healthcare space.

153
00:07:19,400 --> 00:07:23,600
Speaker 6: Speaking of Amazon, so this doc slipped a little bit.

154
00:07:25,320 --> 00:07:27,560
Speaker 7: This episode is brought to you by P and C Bank.

155
00:07:27,960 --> 00:07:30,720
Speaker 7: A lot of people think podcasts about work are boring,

156
00:07:30,960 --> 00:07:34,800
Speaker 7: and sure they definitely can be, but understanding of professionals

157
00:07:34,880 --> 00:07:38,120
Speaker 7: routine shows us how they achieve their success little by little,

158
00:07:38,480 --> 00:07:42,160
Speaker 7: day after day. It's like banking with P and C Bank.

159
00:07:42,600 --> 00:07:45,400
Speaker 7: It might seem boring the safe plan and make calculated

160
00:07:45,440 --> 00:07:48,560
Speaker 7: decisions with your bank, but keeping your money boring is

161
00:07:48,560 --> 00:07:51,920
Speaker 7: what helps you live or more happily fulfilled life. P

162
00:07:52,000 --> 00:07:56,840
Speaker 7: and C Bank Brilliantly Boring since eighteen sixty five. Brilliantly

163
00:07:56,880 --> 00:07:59,520
Speaker 7: Boring since eighteen sixty five is a service mark of

164
00:07:59,560 --> 00:08:01,320
Speaker 7: the P and SEE Financial Service Group.

165
00:08:01,360 --> 00:08:08,800
Speaker 2: Inc. P and C Bank National Association Member FDIC Earners.

166
00:08:08,840 --> 00:08:09,200
Speaker 2: What's up?

167
00:08:09,280 --> 00:08:11,760
Speaker 7: You ever walk into a small business and everything just

168
00:08:11,920 --> 00:08:15,120
Speaker 7: works like The checkout is fast, the receipts are digital,

169
00:08:15,640 --> 00:08:18,600
Speaker 7: tipping is a breeze, and you're out the door before

170
00:08:18,600 --> 00:08:22,760
Speaker 7: the line even builds. Odds are they're using Square. We

171
00:08:22,920 --> 00:08:25,480
Speaker 7: love supporting businesses that run on Square because it just

172
00:08:25,520 --> 00:08:26,320
Speaker 7: feels seamless.

173
00:08:26,440 --> 00:08:28,160
Speaker 2: Whether it's a local coffee.

174
00:08:27,760 --> 00:08:30,559
Speaker 7: Shop, a vendor at a pop up market, or even

175
00:08:30,600 --> 00:08:33,600
Speaker 7: one of our merch partners. Square makes it easy for

176
00:08:33,679 --> 00:08:37,160
Speaker 7: them to take payments, manage inventory, and run their business

177
00:08:37,160 --> 00:08:40,840
Speaker 7: with confidence, all from one simple system. If you're a

178
00:08:40,880 --> 00:08:44,040
Speaker 7: business owner or even just thinking about launching something soon,

179
00:08:44,400 --> 00:08:47,000
Speaker 7: Square is hands down one of the best tools out

180
00:08:47,000 --> 00:08:50,280
Speaker 7: there to help you start, run, and grow. It's not

181
00:08:50,400 --> 00:08:53,600
Speaker 7: just about payments, it's about giving you time back so

182
00:08:53,640 --> 00:08:56,320
Speaker 7: you can focus on what matters most ready. To see

183
00:08:56,320 --> 00:09:00,120
Speaker 7: how Square can transform your business, visit Square dot com

184
00:09:00,160 --> 00:09:04,960
Speaker 7: backslash go backslash eyl to learn more that Square dot

185
00:09:05,000 --> 00:09:09,960
Speaker 7: com backslash, go backslash eyl. Don't wait, don't hesitate. Let's

186
00:09:09,960 --> 00:09:12,440
Speaker 7: Square handle the back end so you can keep pushing

187
00:09:12,480 --> 00:09:14,720
Speaker 7: your vision forward.

188
00:09:16,000 --> 00:09:18,720
Speaker 5: Coach the energy out there felt different. What changed for

189
00:09:18,760 --> 00:09:19,400
Speaker 5: the team today?

190
00:09:19,480 --> 00:09:21,600
Speaker 1: It was the new game day scratches from the California

191
00:09:21,679 --> 00:09:22,679
Speaker 1: Lottery players.

192
00:09:22,720 --> 00:09:25,400
Speaker 4: Everything. Those games sent the team's energy through the roof.

193
00:09:25,480 --> 00:09:27,480
Speaker 5: Are you saying it was the off field play that

194
00:09:27,520 --> 00:09:28,600
Speaker 5: made the difference on the field.

195
00:09:28,720 --> 00:09:31,439
Speaker 4: Hey, little play makes your day, and today it made

196
00:09:31,480 --> 00:09:34,400
Speaker 4: the game. That's all for now, coach, one more question.

197
00:09:34,559 --> 00:09:37,400
Speaker 5: Play the new Los Angeles Chargers, San Francisco forty nine

198
00:09:37,480 --> 00:09:40,560
Speaker 5: ers and Los Angeles Rams scratchers from the California Lottery.

199
00:09:40,640 --> 00:09:43,800
Speaker 5: A little play can make your day. Peace made responsibily.

200
00:09:43,840 --> 00:09:46,320
Speaker 5: Must be eighteen years or older to purchase late or claim.

201
00:09:45,960 --> 00:09:46,839
Speaker 2: And after that was in.

202
00:09:47,040 --> 00:09:52,280
Speaker 6: Walmart is getting blamed for it because Walmart's profits are

203
00:09:52,280 --> 00:09:57,439
Speaker 6: lower because of inflation concern So how is Walmart issues

204
00:09:57,480 --> 00:10:00,559
Speaker 6: with inflation? How is that affecting Amazon?

205
00:10:01,440 --> 00:10:04,440
Speaker 7: We're talking in e commerce, right, So if you're talking

206
00:10:04,440 --> 00:10:07,120
Speaker 7: about inflation, you're talking about people not paying. We're talking

207
00:10:07,120 --> 00:10:09,960
Speaker 7: about food prices going up. We're talking about the amount

208
00:10:10,000 --> 00:10:13,040
Speaker 7: of fuel prices going up. And it takes fuel to

209
00:10:13,080 --> 00:10:15,640
Speaker 7: get to these places to spend the money. And we've

210
00:10:15,679 --> 00:10:18,640
Speaker 7: seen that right, and we're seeing people especially like discretionary

211
00:10:18,640 --> 00:10:20,640
Speaker 7: things those things are not being bolt at the same break,

212
00:10:20,840 --> 00:10:22,400
Speaker 7: so people are buying necessities.

213
00:10:22,960 --> 00:10:26,480
Speaker 2: And so when you see a Walmart go down because they.

214
00:10:27,080 --> 00:10:30,320
Speaker 7: Change their forecast for their yearly outlook, then it's going

215
00:10:30,360 --> 00:10:32,920
Speaker 7: to affect the retail space. Right, they're still the largest. Right,

216
00:10:32,920 --> 00:10:35,400
Speaker 7: Amazon will pass it next year, but they're still the largest.

217
00:10:35,400 --> 00:10:38,040
Speaker 7: And so if the largest e commerce business takes a hit,

218
00:10:38,080 --> 00:10:40,120
Speaker 7: then you're going to see a costco, You're going to

219
00:10:40,200 --> 00:10:43,000
Speaker 7: see a target, You're going to see Amazon, and you're

220
00:10:43,000 --> 00:10:44,320
Speaker 7: going to see others fall.

221
00:10:44,360 --> 00:10:44,600
Speaker 2: Two.

222
00:10:45,080 --> 00:10:47,280
Speaker 7: One of the things that they've done trying to combat

223
00:10:47,320 --> 00:10:48,560
Speaker 7: inflation is, look, we got.

224
00:10:48,480 --> 00:10:49,720
Speaker 2: To put discounts on prices.

225
00:10:50,200 --> 00:10:51,920
Speaker 7: But if you put discounts on prices and those things

226
00:10:52,000 --> 00:10:54,600
Speaker 7: don't sell, then there's going to be a loss. And

227
00:10:54,640 --> 00:10:58,520
Speaker 7: so they've seen that and obviously that guidance is going down.

228
00:10:58,559 --> 00:10:59,560
Speaker 2: And so we'll see.

229
00:10:59,600 --> 00:11:02,160
Speaker 7: We'll see how Amazon will report on Thursday, so we'll

230
00:11:02,160 --> 00:11:04,760
Speaker 7: see how much it's going to affect their stock obviously

231
00:11:04,840 --> 00:11:06,720
Speaker 7: affected after hours, but we'll see what their what their

232
00:11:06,720 --> 00:11:07,640
Speaker 7: earners looks like.

233
00:11:09,040 --> 00:11:12,280
Speaker 1: Yeah, I would argue they're in two different businesses, serve

234
00:11:12,360 --> 00:11:17,079
Speaker 1: different client bases, demographics of who they target are dramatically different.

235
00:11:17,080 --> 00:11:21,960
Speaker 1: So why why they're similar. They're not the same every

236
00:11:22,200 --> 00:11:25,040
Speaker 1: whole asignment. Everyone really quick go to Google and type

237
00:11:25,080 --> 00:11:29,680
Speaker 1: in the top ten ways Amazon makes money. Walmart doesn't

238
00:11:29,720 --> 00:11:32,160
Speaker 1: have a web services business and got the number one.

239
00:11:33,600 --> 00:11:35,280
Speaker 1: So mean, when you got a big kahuna like that,

240
00:11:35,440 --> 00:11:39,920
Speaker 1: Like man, there's you know, like their model as a

241
00:11:39,960 --> 00:11:43,960
Speaker 1: lost leader model to gain traction and trust. This is

242
00:11:43,960 --> 00:11:46,160
Speaker 1: why they're able to navigate into the healthcare field so well,

243
00:11:46,160 --> 00:11:49,280
Speaker 1: because if you know, in healthcare, the experience isn't always

244
00:11:49,280 --> 00:11:51,400
Speaker 1: the best, and if they can put that Amazon prim

245
00:11:51,480 --> 00:11:53,359
Speaker 1: like experience on medical.

246
00:11:54,480 --> 00:11:55,920
Speaker 4: Puts a lot of companies on notice.

247
00:11:55,960 --> 00:12:00,800
Speaker 1: So wild spending may go down in Walmart. We may

248
00:12:00,840 --> 00:12:03,400
Speaker 1: eventually see a slight uptake towards at the end of

249
00:12:03,440 --> 00:12:06,240
Speaker 1: the year towards Amazon from like the Christmas rally. I

250
00:12:06,320 --> 00:12:08,880
Speaker 1: just think there's two totally different businesses.

251
00:12:09,120 --> 00:12:12,480
Speaker 4: Management is better in this era.

252
00:12:13,080 --> 00:12:15,440
Speaker 1: They've done an amazing job, But I've been Bezos being

253
00:12:15,520 --> 00:12:19,360
Speaker 1: at the at the helm of the company anymore. I

254
00:12:20,000 --> 00:12:22,440
Speaker 1: don't think this should have affected their stock price at all,

255
00:12:22,880 --> 00:12:25,760
Speaker 1: but I understand why why it may have in the

256
00:12:25,800 --> 00:12:27,880
Speaker 1: short term. Amazon is one of my favorites. It's been

257
00:12:27,880 --> 00:12:31,200
Speaker 1: a stock club pick forever. Please continue the hold five

258
00:12:31,280 --> 00:12:31,880
Speaker 1: or ten years?

259
00:12:32,160 --> 00:12:32,480
Speaker 2: Please?

260
00:12:33,280 --> 00:12:35,960
Speaker 6: What's your long term outlook for Amazon? Five years, ten

261
00:12:36,040 --> 00:12:39,120
Speaker 6: year outlook? It's currently at one hundred, it's currently at

262
00:12:39,120 --> 00:12:41,200
Speaker 6: a price, currently at one hundred and twenty one dollars

263
00:12:41,280 --> 00:12:43,680
Speaker 6: right now, what do you think potentially it could potentially

264
00:12:43,760 --> 00:12:45,320
Speaker 6: get to in five years years?

265
00:12:46,600 --> 00:12:57,360
Speaker 4: Are you coming in with a good, spicy question? Two forty.

266
00:13:00,040 --> 00:13:04,960
Speaker 2: Five years? Two forty that's that's conservative, easy victory.

267
00:13:05,600 --> 00:13:10,119
Speaker 6: Yeah, that's forever for everybody that's that's gonna be disappointed

268
00:13:10,120 --> 00:13:13,200
Speaker 6: with two forty. I already know that's double. That's one

269
00:13:13,280 --> 00:13:16,160
Speaker 6: hundred percent in five years. Let's say let's say even

270
00:13:16,200 --> 00:13:18,000
Speaker 6: if it was let's say hypothetically, even if it was

271
00:13:18,040 --> 00:13:23,640
Speaker 6: ten years, that's one hundred percent. But you this kind

272
00:13:23,640 --> 00:13:25,600
Speaker 6: of stocks, This is this is the problem with investing.

273
00:13:26,040 --> 00:13:30,120
Speaker 6: You're looking for unrealistic returns. You're gonna hurt yourself. You

274
00:13:30,200 --> 00:13:32,839
Speaker 6: got you you got spoiled in the last couple of years,

275
00:13:32,840 --> 00:13:34,839
Speaker 6: and you want one hundred percent in twelve months, So

276
00:13:34,960 --> 00:13:37,960
Speaker 6: you want one hundred percent in five months. Yes, you

277
00:13:37,960 --> 00:13:40,360
Speaker 6: can potentially always get that depending on how you invest

278
00:13:40,480 --> 00:13:44,560
Speaker 6: but yeah, not always like that in investing. And if

279
00:13:44,600 --> 00:13:50,120
Speaker 6: you can double your money as opposed to it, you know,

280
00:13:50,400 --> 00:13:53,480
Speaker 6: losing value because of inflation, sitting in a bank account.

281
00:13:54,240 --> 00:13:56,920
Speaker 6: That's that's the name of the game. So long term

282
00:13:56,920 --> 00:14:03,200
Speaker 6: perspective on on things are very, very critical.

283
00:14:03,040 --> 00:14:04,280
Speaker 1: And they got to ask you, do they want a

284
00:14:04,280 --> 00:14:06,559
Speaker 1: player that's gonna get a guaranteed bucket or a player

285
00:14:06,600 --> 00:14:07,199
Speaker 1: that's gonna be.

286
00:14:07,160 --> 00:14:10,080
Speaker 4: Like good for game one and games two through seven.

287
00:14:10,120 --> 00:14:11,080
Speaker 4: They're streaky as hell.

288
00:14:12,840 --> 00:14:15,160
Speaker 7: Yes, yeah, and it just split. Somebody just asking the

289
00:14:15,200 --> 00:14:18,120
Speaker 7: chat isn't gonna come back down? Twenty five days ago

290
00:14:18,160 --> 00:14:21,320
Speaker 7: it was one hundred and three dollars like after it split,

291
00:14:21,920 --> 00:14:24,160
Speaker 7: I mean one hundred and three. So now we're up

292
00:14:24,200 --> 00:14:31,960
Speaker 7: at what one twenty one split before it got up

293
00:14:32,000 --> 00:14:35,000
Speaker 7: to Did it get back up to twenty six hundred

294
00:14:35,040 --> 00:14:39,400
Speaker 7: or twenty found I know that people even invest in it. Yeah,

295
00:14:39,520 --> 00:14:41,440
Speaker 7: it was a thirty seven hundred at its peak and

296
00:14:41,480 --> 00:14:44,040
Speaker 7: then obviously with the split, numbers are now up on

297
00:14:44,080 --> 00:14:44,400
Speaker 7: the chart.

298
00:14:44,440 --> 00:14:47,480
Speaker 2: But it pulled back really like.

299
00:14:47,480 --> 00:14:51,440
Speaker 7: Forty, which you know, it's tough to wash in your portfolio,

300
00:14:51,520 --> 00:14:53,080
Speaker 7: but when you invested in long term and it you

301
00:14:53,160 --> 00:14:54,480
Speaker 7: understand this, this is part of it.

302
00:14:55,480 --> 00:14:57,280
Speaker 1: Yeah, hope for the long term, and I know some

303
00:14:57,320 --> 00:15:00,360
Speaker 1: of you. I talked to some of you via DM man.

304
00:15:00,640 --> 00:15:02,520
Speaker 1: I don't like some of the takes on quit trading.

305
00:15:02,840 --> 00:15:05,320
Speaker 1: Everything I'll say is a long term investing. If you

306
00:15:05,320 --> 00:15:09,000
Speaker 1: want trading device, come to invest Fest. I don't talk

307
00:15:09,080 --> 00:15:11,000
Speaker 1: long term, I mean trade on him for me, but

308
00:15:11,040 --> 00:15:14,000
Speaker 1: come to invest Fest. But don't try and turn everything

309
00:15:14,000 --> 00:15:16,560
Speaker 1: into a flip, because it's how a lot of people

310
00:15:16,640 --> 00:15:19,320
Speaker 1: end up losing money. Hold these for a long period

311
00:15:19,360 --> 00:15:21,880
Speaker 1: of time, and technically, I know I haven't talked about

312
00:15:21,880 --> 00:15:24,200
Speaker 1: it before, but you should have like a recession account

313
00:15:24,720 --> 00:15:26,400
Speaker 1: for the stocks you want to buy during a recession

314
00:15:26,400 --> 00:15:28,400
Speaker 1: that you're just going to pile money into and you're

315
00:15:28,400 --> 00:15:29,800
Speaker 1: not going to look at for ten years and have

316
00:15:29,880 --> 00:15:33,480
Speaker 1: then have your main brokerage account the same way you

317
00:15:33,480 --> 00:15:35,720
Speaker 1: should have your swing trading and your trading account. They

318
00:15:35,760 --> 00:15:38,400
Speaker 1: trade account separate for one another. You are going to

319
00:15:38,480 --> 00:15:41,520
Speaker 1: be upset in ten years when I come back and

320
00:15:41,560 --> 00:15:43,360
Speaker 1: be like, hey, I told you so. You don't want

321
00:15:43,400 --> 00:15:46,160
Speaker 1: to hear that you were sick and he's supposed to

322
00:15:46,200 --> 00:15:50,320
Speaker 1: be humble. That's the problem in changed on the people.

323
00:15:51,320 --> 00:15:54,560
Speaker 1: How could you I was worse before. You just didn't

324
00:15:54,600 --> 00:16:03,160
Speaker 1: know me, baby boy. It's way worse. Right, So, as

325
00:16:03,240 --> 00:16:06,000
Speaker 1: Rashade would say, I'll save this to say, invest in

326
00:16:06,040 --> 00:16:09,360
Speaker 1: whole long term and quit trying to take my advice

327
00:16:09,400 --> 00:16:12,800
Speaker 1: and flip them to your homeboys as trading advice. I ain't.

328
00:16:12,840 --> 00:16:14,480
Speaker 1: That ain't what I signed you up for. But if

329
00:16:14,480 --> 00:16:16,560
Speaker 1: you do want trade information, I will have that for you.

330
00:16:16,760 --> 00:16:19,040
Speaker 1: At invest Fast August seventh.

331
00:16:20,840 --> 00:16:25,720
Speaker 8: My graduates from my school being forced bad drop Bag

332
00:16:25,800 --> 00:16:29,360
Speaker 8: Drop Mike drop Bad drop Drop.

333
00:16:41,360 --> 00:16:44,840
Speaker 3: Lows knows that free makes everything better. That's why our

334
00:16:44,920 --> 00:16:47,800
Speaker 3: rewards members get free standard shipping on the things they

335
00:16:47,880 --> 00:16:51,560
Speaker 3: need and want. Starting at silver key status. Every day

336
00:16:52,000 --> 00:16:55,280
Speaker 3: savings for Rewards members add up fast, so why wait?

337
00:16:55,680 --> 00:17:00,360
Speaker 3: Join for free today? Loaves we have you say. Not

338
00:17:00,400 --> 00:17:03,520
Speaker 3: available in Alaska, Hawaii. Exclusions and more terms apply. Loyalty

339
00:17:03,520 --> 00:17:06,240
Speaker 3: programs subject to terms and conditions. Details at lowes dot com.

340
00:17:06,240 --> 00:17:08,119
Speaker 3: Slash Shipping terms subject to change