1 00:00:00,400 --> 00:00:04,280 Speaker 1: You just realized your business needed to hire someone yesterday. 2 00:00:04,800 --> 00:00:09,520 Speaker 1: How can you find amazing candidates fast easy? Just use Indeed. 3 00:00:09,960 --> 00:00:12,680 Speaker 1: Stop struggling to get your job posts seen on other 4 00:00:12,760 --> 00:00:16,439 Speaker 1: job sites. With Indeed sponsored jobs, your post jumps to 5 00:00:16,480 --> 00:00:19,000 Speaker 1: the top of the page for your relevant candidates, so 6 00:00:19,120 --> 00:00:22,119 Speaker 1: you can reach the people you want faster. According to 7 00:00:22,160 --> 00:00:26,120 Speaker 1: Indeed data, sponsored jobs posted directly on Indeed have forty 8 00:00:26,120 --> 00:00:30,040 Speaker 1: five percent more applications than non sponsored jobs. Don't wait 9 00:00:30,080 --> 00:00:33,519 Speaker 1: any longer. Speed up your hiring right now with Indeed, 10 00:00:33,960 --> 00:00:36,200 Speaker 1: and listeners of this show will get a seventy five 11 00:00:36,280 --> 00:00:39,440 Speaker 1: dollars sponsored job credit to get your jobs more visibility 12 00:00:39,600 --> 00:00:45,320 Speaker 1: at indeed dot com slash pod Katz thirteen. Just go 13 00:00:45,360 --> 00:00:50,120 Speaker 1: to Indeed dot com slash pod Katz thirteen right now 14 00:00:50,479 --> 00:00:53,040 Speaker 1: and support our show by saying you heard about Indeed 15 00:00:53,080 --> 00:00:57,400 Speaker 1: on this podcast. Terms and conditions apply. Hiring Indeed is 16 00:00:57,440 --> 00:00:58,040 Speaker 1: all you need. 17 00:00:58,880 --> 00:00:59,960 Speaker 2: Can we go somewhere real quick? 18 00:01:00,320 --> 00:01:02,560 Speaker 3: Because it was doing You mentioned Amazon, and I don't 19 00:01:02,560 --> 00:01:04,200 Speaker 3: want anybody to breeze over that. You know, that's one 20 00:01:04,240 --> 00:01:06,960 Speaker 3: of the companies I'm heavily invested in Amazon and a 21 00:01:07,040 --> 00:01:11,000 Speaker 3: firm that that partnership. Right, But now you have a 22 00:01:12,000 --> 00:01:15,640 Speaker 3: payment planned company partnering with the largest retail company, well 23 00:01:15,840 --> 00:01:17,920 Speaker 3: will will be by the next year, the largest retail 24 00:01:17,959 --> 00:01:18,800 Speaker 3: company in the world. 25 00:01:19,120 --> 00:01:20,240 Speaker 2: What are your thoughts on that, guys? 26 00:01:20,880 --> 00:01:25,240 Speaker 4: Oh baby, you know I'm not gonna say anything else. 27 00:01:25,280 --> 00:01:30,640 Speaker 4: Like that movement of pay later or running credit applications 28 00:01:30,640 --> 00:01:32,920 Speaker 4: to select people to be able to pay your finance 29 00:01:33,040 --> 00:01:36,919 Speaker 4: later tied into the stickiness of the algorithm that Amazon has. 30 00:01:37,640 --> 00:01:40,199 Speaker 5: It'll probably that alone that gave give him. 31 00:01:40,040 --> 00:01:42,520 Speaker 4: A twenty or thirty percent bump over in stock price 32 00:01:42,520 --> 00:01:45,840 Speaker 4: over the next twenty four to thirty eight months, because 33 00:01:45,880 --> 00:01:48,960 Speaker 4: even if let's say the worst case scenario, it drives 34 00:01:49,000 --> 00:01:52,600 Speaker 4: eight percent more sales once Once you guys do the homework, 35 00:01:52,640 --> 00:01:55,320 Speaker 4: I know Pearson probably knows the answer. How much more 36 00:01:55,360 --> 00:01:58,480 Speaker 4: revenue with that bringing Amazon is just that partnership brought 37 00:01:58,480 --> 00:02:01,880 Speaker 4: an eight percent more revenue per year. That would that 38 00:02:01,920 --> 00:02:06,600 Speaker 4: would make a company's year that kind of growth as 39 00:02:06,760 --> 00:02:09,320 Speaker 4: it's a great partnership kind of like all us being 40 00:02:09,320 --> 00:02:10,360 Speaker 4: on stage and investments. 41 00:02:10,360 --> 00:02:12,560 Speaker 5: I'm working on my segways now that was no. 42 00:02:13,040 --> 00:02:16,080 Speaker 3: Hey, The interesting part is that before that PO we 43 00:02:16,120 --> 00:02:18,440 Speaker 3: had said a firm, a firm, a firm, affirm, we 44 00:02:18,520 --> 00:02:20,359 Speaker 3: got on our watchers. Put it on your watch list, 45 00:02:20,680 --> 00:02:22,680 Speaker 3: and now to see them to part with Amazon, with 46 00:02:22,760 --> 00:02:26,480 Speaker 3: which we obviously love crazy, it's amazing. And hey, you 47 00:02:26,520 --> 00:02:28,960 Speaker 3: know the the installment payment starts so low. It's not 48 00:02:29,040 --> 00:02:30,760 Speaker 3: like you have to have something that's four hundred dollars. 49 00:02:30,760 --> 00:02:32,680 Speaker 3: I think it starts if something is fifty dollars are 50 00:02:32,680 --> 00:02:35,720 Speaker 3: over you can have it installment payments on it. 51 00:02:36,200 --> 00:02:39,160 Speaker 2: Amazon's I mean, this is they just they're different now. 52 00:02:39,240 --> 00:02:41,240 Speaker 6: And also you got to ask yourself, this is what 53 00:02:41,320 --> 00:02:43,680 Speaker 6: I love about So Amazon is leader, like my favorite 54 00:02:43,680 --> 00:02:49,840 Speaker 6: company next to Chapolte. But what happens is what people 55 00:02:49,840 --> 00:02:53,760 Speaker 6: fail to realize too, is like Amazon Web Services their 56 00:02:53,840 --> 00:02:57,760 Speaker 6: bread one. So when you add paid, you know to 57 00:02:57,840 --> 00:03:00,440 Speaker 6: pay later to the retail part of it. Mm hmm, 58 00:03:00,960 --> 00:03:05,079 Speaker 6: it's an easy grant. Yeah, that's easy. Like that now, 59 00:03:05,280 --> 00:03:08,360 Speaker 6: Like man, that's that's sick, you know what I'm. 60 00:03:08,280 --> 00:03:12,440 Speaker 4: Saying, especially on the electronics side, and. 61 00:03:11,480 --> 00:03:13,480 Speaker 7: People don't like to pay not want to pay later anyway. 62 00:03:13,480 --> 00:03:14,200 Speaker 7: You just now. 63 00:03:14,080 --> 00:03:18,280 Speaker 6: Put on a pay later with the people have also 64 00:03:18,440 --> 00:03:18,880 Speaker 6: bought this. 65 00:03:19,160 --> 00:03:22,760 Speaker 7: It's over you. 66 00:03:21,560 --> 00:03:25,000 Speaker 4: With the retail stores that they also acquired, So now 67 00:03:25,080 --> 00:03:27,280 Speaker 4: you'll be able to pay later. Get a shipped to 68 00:03:27,320 --> 00:03:28,679 Speaker 4: you in a couple of hours to go pick it 69 00:03:28,760 --> 00:03:30,919 Speaker 4: up same day with and if you have a prime 70 00:03:31,000 --> 00:03:31,800 Speaker 4: and it'll be one click. 71 00:03:32,280 --> 00:03:32,440 Speaker 3: Nah. 72 00:03:32,600 --> 00:03:35,320 Speaker 6: Yeah, that's what we got to also look at as 73 00:03:35,840 --> 00:03:40,280 Speaker 6: I want us to realize how the game is evolved, 74 00:03:41,040 --> 00:03:44,920 Speaker 6: how every company is evolving technology, whether it's I talked 75 00:03:44,920 --> 00:03:48,080 Speaker 6: about software, I talked about you know, chip to plans, 76 00:03:48,080 --> 00:03:51,360 Speaker 6: but just look at how software is evolving, Like that's 77 00:03:51,400 --> 00:03:53,520 Speaker 6: what we got to look at when we talk about fintech. 78 00:03:53,600 --> 00:03:56,680 Speaker 6: That's another software, Like we look at that. You don't 79 00:03:56,720 --> 00:03:59,400 Speaker 6: got to chase the next nothing. The things that are 80 00:03:59,400 --> 00:04:02,760 Speaker 6: in front of us right now having peaked, they're still growing. 81 00:04:03,120 --> 00:04:05,200 Speaker 6: There's so much growth in the companies that were looking 82 00:04:05,240 --> 00:04:07,080 Speaker 6: at right now, like you don't got to go chase 83 00:04:07,120 --> 00:04:10,800 Speaker 6: the next nothing, people like Amazon, people like Facebook, Like 84 00:04:10,880 --> 00:04:13,880 Speaker 6: no one is acquiet more businesses, more businesses than Facebook 85 00:04:13,880 --> 00:04:16,640 Speaker 6: over the last three years, nobody, you know what I'm saying, 86 00:04:16,720 --> 00:04:19,040 Speaker 6: Like they're the companies that are right in our face 87 00:04:19,120 --> 00:04:23,960 Speaker 6: are growing at a tremendous radio like go like look at. 88 00:04:23,839 --> 00:04:28,200 Speaker 2: That, look at that focused, Look you got to go try. 89 00:04:28,120 --> 00:04:30,840 Speaker 7: To chase the next nothing that they are looking at 90 00:04:30,920 --> 00:04:31,920 Speaker 7: right Like we're. 91 00:04:31,680 --> 00:04:34,760 Speaker 6: In that phase of the world where we're this is 92 00:04:34,760 --> 00:04:37,480 Speaker 6: the first phase of that evolution, you know what I'm saying, 93 00:04:37,600 --> 00:04:38,480 Speaker 6: This is the first. 94 00:04:38,320 --> 00:04:40,640 Speaker 7: Like we're not deep into it. We're still at the 95 00:04:40,680 --> 00:04:42,200 Speaker 7: grass roofs part of that evolution. 96 00:04:42,920 --> 00:04:45,800 Speaker 5: This is like ninety nine for fintech credit exactly, be 97 00:04:46,000 --> 00:04:46,480 Speaker 5: right there. 98 00:04:46,560 --> 00:04:48,440 Speaker 6: You don't got to look for the next nothing. The 99 00:04:48,520 --> 00:04:51,120 Speaker 6: new things are still like Amazon is just getting the 100 00:04:51,160 --> 00:04:53,560 Speaker 6: ball ruling, you know what I'm saying, Like they just 101 00:04:53,600 --> 00:04:56,839 Speaker 6: getting it, PayPal just getting Square, just getting these people 102 00:04:56,880 --> 00:04:58,279 Speaker 6: are just getting the ball rolling. 103 00:04:58,480 --> 00:04:59,600 Speaker 7: You don't have to go look for. 104 00:04:59,560 --> 00:05:02,200 Speaker 4: The next yeah, saying the music industry people like who's 105 00:05:02,200 --> 00:05:03,440 Speaker 4: the new Drake? I'm like Aubrey. 106 00:05:05,480 --> 00:05:07,760 Speaker 2: If I love it boy, if I love a boy and. 107 00:05:08,400 --> 00:05:13,560 Speaker 4: Enjoy, please do not do it Amazon, twenty nine eighty 108 00:05:13,560 --> 00:05:16,320 Speaker 4: three h seven. It's a good price, Red Panded family, 109 00:05:16,440 --> 00:05:18,120 Speaker 4: if you up from the price that I gave you 110 00:05:18,120 --> 00:05:20,520 Speaker 4: a couple of months ago, put Red Panda in chat 111 00:05:20,839 --> 00:05:23,200 Speaker 4: and earners. I want you to kill this twenty nine 112 00:05:23,279 --> 00:05:24,080 Speaker 4: eighty three oh seven. 113 00:05:24,600 --> 00:05:25,080 Speaker 5: Amazon. 114 00:05:26,560 --> 00:05:28,279 Speaker 4: There are a lot of pregnant emojis he had on 115 00:05:28,279 --> 00:05:31,680 Speaker 4: that album. You have to have your money. But oh 116 00:05:32,160 --> 00:05:34,280 Speaker 4: did y'all make that many investments babies. Let me know, 117 00:05:34,760 --> 00:05:37,200 Speaker 4: let's do a check up report and see was y'all 118 00:05:37,240 --> 00:05:37,920 Speaker 4: good or bad? 119 00:05:42,480 --> 00:05:42,640 Speaker 5: Yeah? 120 00:05:42,720 --> 00:05:44,880 Speaker 3: Yeah, Donna just came just came out yesterday. So I 121 00:05:44,880 --> 00:05:47,080 Speaker 3: got both of them up today. I got I got Drake, 122 00:05:47,120 --> 00:05:47,760 Speaker 3: and I got Yeah. 123 00:05:48,240 --> 00:05:51,280 Speaker 2: I see. Listen to the blessings to both our brothers. 124 00:05:51,320 --> 00:05:52,800 Speaker 2: Both our brothers. 125 00:05:52,600 --> 00:05:58,240 Speaker 7: Shout out to Okay, so let's talk about this uh 126 00:05:59,440 --> 00:06:01,080 Speaker 7: ten percent pull back in the market. 127 00:06:01,279 --> 00:06:04,080 Speaker 6: Is that something that you know, we think could potentially 128 00:06:05,000 --> 00:06:05,520 Speaker 6: come soon? 129 00:06:06,360 --> 00:06:10,560 Speaker 3: So hey, trap before you start, I just want to 130 00:06:10,600 --> 00:06:13,320 Speaker 3: be I wanted everybody because everybody on this in here 131 00:06:13,400 --> 00:06:15,360 Speaker 3: right now, and that's for it for sure. 132 00:06:15,800 --> 00:06:21,599 Speaker 2: We remember this time last year. We remember this time 133 00:06:21,680 --> 00:06:23,160 Speaker 2: last year. I'll never forget it. 134 00:06:23,160 --> 00:06:24,760 Speaker 3: It was like yo, we was like, man, this is 135 00:06:24,800 --> 00:06:28,919 Speaker 3: going great. And then August thirtieth through September second happened 136 00:06:29,520 --> 00:06:30,280 Speaker 3: and it was a night. 137 00:06:30,360 --> 00:06:37,240 Speaker 4: Man, I knew tech was gonna pull it back. 138 00:06:37,360 --> 00:06:41,120 Speaker 2: I'm like, I was like, damn, Shotty, you want that 139 00:06:41,240 --> 00:06:42,039 Speaker 2: energy out there? 140 00:06:42,800 --> 00:06:44,160 Speaker 5: Yeah, I was like. 141 00:06:44,120 --> 00:06:47,200 Speaker 6: Man like the crazy part then he hadn't been saying 142 00:06:47,200 --> 00:06:48,240 Speaker 6: that like two weeks. 143 00:06:49,120 --> 00:06:53,359 Speaker 4: She don't feel right, got to be good, man, Like, 144 00:06:54,720 --> 00:06:56,200 Speaker 4: she don't feel what I get to text what you 145 00:06:56,200 --> 00:07:00,599 Speaker 4: think about I'm like, bro, I promise you right there 146 00:07:00,720 --> 00:07:02,560 Speaker 4: and drop a check off if it don't work, like 147 00:07:03,000 --> 00:07:04,240 Speaker 4: you got to ride the store. 148 00:07:07,040 --> 00:07:08,200 Speaker 7: I knew it. I just knew it. 149 00:07:08,400 --> 00:07:09,160 Speaker 5: Yeah, knew it. 150 00:07:10,120 --> 00:07:13,400 Speaker 3: Hey, we still have the text messages and I was like, look, man, 151 00:07:13,640 --> 00:07:14,280 Speaker 3: i'll see bells. 152 00:07:14,280 --> 00:07:14,920 Speaker 2: Gotta be on it. 153 00:07:16,320 --> 00:07:22,520 Speaker 3: Shout out, shout to Bam. 154 00:07:20,000 --> 00:07:22,880 Speaker 2: That he almost lost it, but we got him back. 155 00:07:23,760 --> 00:07:25,000 Speaker 2: But it was interesting time. 156 00:07:25,080 --> 00:07:27,920 Speaker 3: So like, I'm very, I'm very I'm more aware now 157 00:07:28,040 --> 00:07:30,040 Speaker 3: of watching these things because I feel like we fell 158 00:07:30,040 --> 00:07:31,760 Speaker 3: asleep at the whale a little bit. I'll be honest, 159 00:07:32,080 --> 00:07:32,840 Speaker 3: we fell sleep at. 160 00:07:32,720 --> 00:07:33,600 Speaker 2: The little whel a little bit. 161 00:07:35,000 --> 00:07:37,840 Speaker 3: We stopped watching the things, the indicators that would have 162 00:07:38,120 --> 00:07:39,440 Speaker 3: told us that this was coming. 163 00:07:40,600 --> 00:07:44,440 Speaker 4: Text me man and Crystal Ball glowing an other charge 164 00:07:44,480 --> 00:07:47,400 Speaker 4: in Atlanta. I mean, a ten percent pullback could come. 165 00:07:48,200 --> 00:07:50,480 Speaker 4: But the thing I want to tell you guys right now, 166 00:07:50,560 --> 00:07:53,640 Speaker 4: set your marker for everything that you like and put 167 00:07:53,640 --> 00:07:55,960 Speaker 4: an alert when it does drop ten percent, And that 168 00:07:56,040 --> 00:07:58,160 Speaker 4: could be a potential by area. This is the issue 169 00:07:58,160 --> 00:08:01,680 Speaker 4: I always said about focusing on a big short more 170 00:08:01,720 --> 00:08:04,280 Speaker 4: than Jesus Christ. I ain't gonna say it with a 171 00:08:04,280 --> 00:08:08,680 Speaker 4: shot right. I want you guys to focus on the pullbacks, 172 00:08:08,720 --> 00:08:12,840 Speaker 4: opportunity and opposed to thinking about crashes is fear because 173 00:08:12,880 --> 00:08:15,680 Speaker 4: look where the market went from September tewod last year 174 00:08:16,480 --> 00:08:20,480 Speaker 4: to now. And I'll set this that investments when most 175 00:08:20,480 --> 00:08:23,200 Speaker 4: people are terrified when the market drops. I'm like, you're 176 00:08:23,280 --> 00:08:26,400 Speaker 4: heavenly father of Nazareth. I appreciate you so much for 177 00:08:26,440 --> 00:08:30,000 Speaker 4: this blessing you're about to bestow upon me. You have 178 00:08:30,080 --> 00:08:34,960 Speaker 4: to learn when winter is coming that pretty soon you're 179 00:08:34,960 --> 00:08:36,360 Speaker 4: going to be able to shine and things are going 180 00:08:36,440 --> 00:08:37,439 Speaker 4: to spring and blossom. 181 00:08:37,720 --> 00:08:40,400 Speaker 5: Everyone wants to earn its. 182 00:08:40,400 --> 00:08:40,800 Speaker 2: What's up? 183 00:08:40,880 --> 00:08:43,360 Speaker 3: You ever walk into a small business and everything just 184 00:08:43,520 --> 00:08:46,680 Speaker 3: works like the checkout is fast, the receipts are digital, 185 00:08:47,200 --> 00:08:50,199 Speaker 3: tipping is a breeze, and you're out the door before 186 00:08:50,200 --> 00:08:54,360 Speaker 3: the line even builds. Odds are they're using Square? We 187 00:08:54,520 --> 00:08:57,040 Speaker 3: love supporting businesses that run on Square because it just 188 00:08:57,080 --> 00:09:00,360 Speaker 3: feels seamless. Whether it's a local coffee shop, of vendor 189 00:09:00,360 --> 00:09:02,640 Speaker 3: at a pop up market, or even one of our 190 00:09:02,679 --> 00:09:06,320 Speaker 3: merch partners. Square makes it easy for them to take payments, 191 00:09:06,559 --> 00:09:10,240 Speaker 3: manage inventory, and run their business with confidence, all from 192 00:09:10,360 --> 00:09:13,760 Speaker 3: one simple system. If you're a business owner, or even 193 00:09:13,880 --> 00:09:15,640 Speaker 3: just thinking about launching something soon. 194 00:09:16,000 --> 00:09:17,520 Speaker 2: Square is hands. 195 00:09:17,200 --> 00:09:19,120 Speaker 3: Down one of the best tools out there to help 196 00:09:19,200 --> 00:09:22,959 Speaker 3: you start, run, and grow. It's not just about payments, 197 00:09:23,280 --> 00:09:25,920 Speaker 3: it's about giving you time back so you can focus 198 00:09:25,960 --> 00:09:28,640 Speaker 3: on what matters most ready. To see how Square can 199 00:09:28,679 --> 00:09:33,520 Speaker 3: transform your business, visit Square dot com backslash, go backslash 200 00:09:33,600 --> 00:09:37,720 Speaker 3: eyl to learn more that Square dot com backslash, go 201 00:09:38,200 --> 00:09:42,360 Speaker 3: backslash eyl. Don't wait, don't hesitate. Let's Square handle the 202 00:09:42,400 --> 00:09:44,880 Speaker 3: back end so you can keep pushing your vision forward. 203 00:09:48,559 --> 00:09:50,800 Speaker 3: This episode is brought to you by P and C Bank. 204 00:09:51,200 --> 00:09:53,960 Speaker 3: A lot of people think podcasts about work are boring, 205 00:09:54,160 --> 00:09:58,040 Speaker 3: and sure they definitely can be, but understanding a professionals 206 00:09:58,080 --> 00:10:01,360 Speaker 3: routine shows us how they achieve their success little by little, 207 00:10:01,720 --> 00:10:05,360 Speaker 3: day after day. It's like banking with P and C Bank. 208 00:10:05,840 --> 00:10:08,640 Speaker 3: It might seem boring the safe plan and make calculated 209 00:10:08,679 --> 00:10:11,760 Speaker 3: decisions with your bank, but keeping your money boring is 210 00:10:11,800 --> 00:10:15,120 Speaker 3: what helps you live or more happily fulfilled life. P 211 00:10:15,240 --> 00:10:20,079 Speaker 3: and C Bank Brilliantly Boring since eighteen sixty five. Brilliantly 212 00:10:20,120 --> 00:10:22,760 Speaker 3: Boring since eighteen sixty five is a service mark of 213 00:10:22,800 --> 00:10:26,040 Speaker 3: the PNC Financial Service Group, Inc. P and C Bank 214 00:10:26,480 --> 00:10:29,199 Speaker 3: National Association member FDIC. 215 00:10:30,440 --> 00:10:34,040 Speaker 8: An illegal alien from Guatemala charged with raping a child 216 00:10:34,120 --> 00:10:37,920 Speaker 8: in Massachusetts. An MS thirteen gang member from El Salvador 217 00:10:38,160 --> 00:10:42,280 Speaker 8: accused of murdering a Texas man of Venezuelan charged with 218 00:10:42,360 --> 00:10:46,280 Speaker 8: filming and selling child pornography in Michigan. These are just 219 00:10:46,360 --> 00:10:50,120 Speaker 8: some of the heinous migrant criminals caught because of President 220 00:10:50,160 --> 00:10:53,680 Speaker 8: Donald J. Trump's leadership. I'm Christy nom the United States 221 00:10:53,760 --> 00:10:58,560 Speaker 8: Secretary of Homeland Security. Under President Trump, attempted illegal border 222 00:10:58,600 --> 00:11:02,120 Speaker 8: crossings are at the lowest levels ever recorded, and over 223 00:11:02,200 --> 00:11:05,440 Speaker 8: one hundred thousand illegal aliens have been arrested. If you 224 00:11:05,480 --> 00:11:09,319 Speaker 8: were here illegally, you're next. You will be fine nearly 225 00:11:09,440 --> 00:11:13,440 Speaker 8: one thousand dollars a day, imprisoned and deported. You will 226 00:11:13,480 --> 00:11:17,120 Speaker 8: never return. But if you register using our CBP home 227 00:11:17,160 --> 00:11:20,559 Speaker 8: app and leave now, you could be allowed to return legally. 228 00:11:20,920 --> 00:11:25,679 Speaker 8: Do what's right. Leave now. Under President Trump America's laws, 229 00:11:25,840 --> 00:11:28,280 Speaker 8: border and families will be protected. 230 00:11:28,360 --> 00:11:30,480 Speaker 2: Sponsored by the United States Department of Homeland Security. 231 00:11:30,760 --> 00:11:33,560 Speaker 4: Invest at the apex the summer, and when things cool down, 232 00:11:33,600 --> 00:11:36,560 Speaker 4: you're like, damn, I messed up. Please stop buying at 233 00:11:36,640 --> 00:11:39,000 Speaker 4: highs and when these crashes happen, you have to be 234 00:11:39,040 --> 00:11:39,880 Speaker 4: incredibly happy. 235 00:11:40,360 --> 00:11:42,240 Speaker 3: Yeah, I think you know what, it was a lot 236 00:11:42,240 --> 00:11:44,120 Speaker 3: of people. I mean, obviously it was the pandemic. So 237 00:11:44,160 --> 00:11:46,120 Speaker 3: we got a lot of new investors and so that 238 00:11:46,320 --> 00:11:48,400 Speaker 3: they had had that ride going all the way up 239 00:11:48,720 --> 00:11:50,760 Speaker 3: and it was the first time that they experienced something 240 00:11:50,800 --> 00:11:53,440 Speaker 3: like that, and so a lot of people got nervous, 241 00:11:53,520 --> 00:11:54,800 Speaker 3: They got appearances, a lot. 242 00:11:54,679 --> 00:11:55,400 Speaker 2: Of fair crept in. 243 00:11:55,520 --> 00:11:58,000 Speaker 3: But like you said, if you had stayed patient, I 244 00:11:58,040 --> 00:11:59,840 Speaker 3: think that's one of the biggest lessons. 245 00:12:01,000 --> 00:12:03,640 Speaker 2: That I've learned and had to learn right even prior 246 00:12:03,720 --> 00:12:03,960 Speaker 2: to this. 247 00:12:04,040 --> 00:12:09,640 Speaker 3: But patience is the key, like fearlessness, Patience is the 248 00:12:09,720 --> 00:12:13,319 Speaker 3: key because if we had just just stayed the course, 249 00:12:13,679 --> 00:12:16,320 Speaker 3: stayed patients, stick to the script. Like you said, look 250 00:12:16,320 --> 00:12:18,439 Speaker 3: where it's at from last September. 251 00:12:18,040 --> 00:12:19,400 Speaker 5: Right now now. 252 00:12:21,520 --> 00:12:30,200 Speaker 4: Triple Network and the drop, what a trap is at 253 00:12:30,240 --> 00:12:30,520 Speaker 4: it to my. 254 00:12:30,559 --> 00:12:31,480 Speaker 5: Rare Bander family. 255 00:12:32,960 --> 00:12:35,840 Speaker 4: And the thing is too, when you're over leveraged in 256 00:12:35,920 --> 00:12:38,719 Speaker 4: trade to paul A post a long term investing, you're 257 00:12:38,760 --> 00:12:41,200 Speaker 4: going to get hurt a lot more. I know, the 258 00:12:41,240 --> 00:12:43,960 Speaker 4: long term investing thing is not sexy. You know what 259 00:12:44,040 --> 00:12:45,800 Speaker 4: happens when you invest in long term? It's the same 260 00:12:45,800 --> 00:12:50,320 Speaker 4: thing with Mayweather. He fights boring. He doesn't have any knockouts. 261 00:12:50,360 --> 00:12:53,800 Speaker 4: Every time anyone who's invested in the things that I've 262 00:12:53,800 --> 00:12:57,520 Speaker 4: told them to over the last couple of years, you're like, 263 00:12:57,600 --> 00:13:01,800 Speaker 4: what drop in September, I'm up three hundred percent. That's 264 00:13:01,840 --> 00:13:03,000 Speaker 4: why when I was like, yo oh, if I made 265 00:13:03,040 --> 00:13:05,760 Speaker 4: your money go like I can feel it in my chest, 266 00:13:06,080 --> 00:13:08,040 Speaker 4: Like I love y'all who were there in attendance, Like 267 00:13:08,559 --> 00:13:11,080 Speaker 4: you have to begin to look to put ninety percent 268 00:13:11,160 --> 00:13:13,800 Speaker 4: of your money long term, ten percent of the trades, 269 00:13:14,080 --> 00:13:16,200 Speaker 4: and it's an equations that will work forever for you. 270 00:13:16,559 --> 00:13:18,720 Speaker 6: It's crazy you say that because that's literally mine. It's 271 00:13:18,760 --> 00:13:24,440 Speaker 6: eighty five fifteen. It's eighty five fifteen. And the due 272 00:13:24,480 --> 00:13:28,320 Speaker 6: part is so he's coming. So August and September always 273 00:13:28,320 --> 00:13:31,240 Speaker 6: the worst two months in the market. Yep, August and 274 00:13:31,280 --> 00:13:33,480 Speaker 6: September the worst two months. So if we know that, 275 00:13:33,600 --> 00:13:35,559 Speaker 6: we understand what they probably didn't know it. But if 276 00:13:35,600 --> 00:13:37,920 Speaker 6: we know that, then you already like, okay, let me 277 00:13:37,960 --> 00:13:38,600 Speaker 6: load the clip up. 278 00:13:38,600 --> 00:13:39,320 Speaker 2: That's not tell. 279 00:13:41,360 --> 00:13:44,600 Speaker 5: And I'll say the worse for who people that invest 280 00:13:44,640 --> 00:13:44,960 Speaker 5: in wrong. 281 00:13:45,600 --> 00:13:48,000 Speaker 4: This is my birthday right right right, I'm like this 282 00:13:48,120 --> 00:13:49,920 Speaker 4: is a present for me cherry. 283 00:13:50,880 --> 00:13:53,520 Speaker 2: Yeah, and trap can you tell them why? 284 00:13:53,679 --> 00:13:55,720 Speaker 3: Can you tell them why that September is the worst 285 00:13:55,760 --> 00:13:58,400 Speaker 3: month traditionally, the worst month historically, So they have. 286 00:13:58,360 --> 00:14:00,400 Speaker 7: A few things going on in timber. 287 00:14:00,520 --> 00:14:05,680 Speaker 6: Whereas first, first, I think that people still have I 288 00:14:05,720 --> 00:14:08,040 Speaker 6: think nine elevens also plays a part of that too. 289 00:14:08,120 --> 00:14:10,000 Speaker 7: Let me say that I think that. 290 00:14:10,000 --> 00:14:11,080 Speaker 2: Also psychological thing. 291 00:14:11,160 --> 00:14:13,800 Speaker 6: Yeahychological thing too. But also you have a lot of 292 00:14:13,800 --> 00:14:17,040 Speaker 6: things that expire in that moment. You have the last 293 00:14:17,120 --> 00:14:19,640 Speaker 6: quarter is coming into the year, We have a lot 294 00:14:19,640 --> 00:14:21,760 Speaker 6: of regulations go on that turn around that most We 295 00:14:21,800 --> 00:14:23,480 Speaker 6: have a few things that's going on in that moment 296 00:14:23,520 --> 00:14:27,440 Speaker 6: and make retail failure and make big institutions back up. Also, 297 00:14:27,480 --> 00:14:31,360 Speaker 6: we got to look at rebalancing that's happening now. Balancing 298 00:14:31,400 --> 00:14:34,520 Speaker 6: start to happen. When institutional rebalancing starting to happen, that's 299 00:14:34,520 --> 00:14:38,160 Speaker 6: going to make the market swing heavy, right, And so 300 00:14:38,320 --> 00:14:45,320 Speaker 6: we look at that. We can look into something called the. 301 00:14:42,840 --> 00:14:44,400 Speaker 7: The hedge from vip lits. 302 00:14:44,960 --> 00:14:47,120 Speaker 6: Right, So if you look at the hedge from vip list, 303 00:14:47,160 --> 00:14:51,040 Speaker 6: it'll give you the top fifty, the top fifty most 304 00:14:51,120 --> 00:14:55,680 Speaker 6: heavily invested stocks of that quarter. Bullmensacks put it out 305 00:14:55,680 --> 00:14:59,160 Speaker 6: every month, I mean every quarter. If you typically look 306 00:14:59,240 --> 00:15:02,480 Speaker 6: at before for September, those companies, those would be hit 307 00:15:02,520 --> 00:15:05,240 Speaker 6: the hardest. Those would be hit the hardest. You could 308 00:15:05,240 --> 00:15:07,440 Speaker 6: take that being do what you won't do with it? 309 00:15:07,800 --> 00:15:07,960 Speaker 5: Right? 310 00:15:08,120 --> 00:15:10,360 Speaker 6: If you can look at that hedge from vip list, 311 00:15:10,520 --> 00:15:14,920 Speaker 6: those he feel mean the top fifteen, they gonna be 312 00:15:15,000 --> 00:15:18,120 Speaker 6: hit the hardest. Why because that's where every balancing come from. Also, 313 00:15:18,200 --> 00:15:21,880 Speaker 6: we gotta understand this, like if we look at the 314 00:15:21,920 --> 00:15:25,400 Speaker 6: biggest companies that hedge funds are in, all they're gonna 315 00:15:25,440 --> 00:15:27,760 Speaker 6: do is take their money, sit on the sideline, and 316 00:15:27,880 --> 00:15:28,960 Speaker 6: then re into again. 317 00:15:30,480 --> 00:15:31,240 Speaker 5: It's all going on. 318 00:15:31,720 --> 00:15:32,480 Speaker 7: So while you're. 319 00:15:32,400 --> 00:15:35,120 Speaker 6: Panicking like you should be just doubling out, you can 320 00:15:35,160 --> 00:15:37,320 Speaker 6: look at you one hundred and fifte hundred and twenty 321 00:15:37,400 --> 00:15:38,280 Speaker 6: day moving average. 322 00:15:38,520 --> 00:15:39,320 Speaker 7: You can look at that. 323 00:15:39,560 --> 00:15:41,800 Speaker 6: That can be an indicator you used that's gonna give 324 00:15:41,800 --> 00:15:43,640 Speaker 6: you ten percent out of the gate. If it gets 325 00:15:43,680 --> 00:15:45,600 Speaker 6: the little at it's a toime of lick. You can 326 00:15:45,640 --> 00:15:47,400 Speaker 6: look at that two hundred dead they get below that, 327 00:15:47,600 --> 00:15:48,840 Speaker 6: you can really load the boat. 328 00:15:49,120 --> 00:15:49,240 Speaker 5: Right. 329 00:15:49,320 --> 00:15:50,000 Speaker 7: Those are two. 330 00:15:49,920 --> 00:15:53,080 Speaker 6: Things you can definitely look at on on your journey, 331 00:15:53,200 --> 00:15:55,120 Speaker 6: and those keep you from panicky y'all. 332 00:15:55,960 --> 00:15:58,720 Speaker 2: Yeah, and I know what quadruple witching is. 333 00:15:58,720 --> 00:16:00,560 Speaker 3: Also in September, so like right in the middle of 334 00:16:00,600 --> 00:16:03,040 Speaker 3: the month, you got a lot of contracts expired in 335 00:16:03,080 --> 00:16:03,800 Speaker 3: the options market. 336 00:16:03,920 --> 00:16:06,800 Speaker 4: So because if you have a quarter, like you have 337 00:16:06,880 --> 00:16:08,960 Speaker 4: two types of students, the ones who do their homework 338 00:16:09,040 --> 00:16:11,600 Speaker 4: in the beginning of the school year and the ones 339 00:16:11,640 --> 00:16:14,760 Speaker 4: who cram the last three weeks. Now, when I was 340 00:16:14,800 --> 00:16:16,560 Speaker 4: getting on punishment and my dad was whooking me for 341 00:16:16,640 --> 00:16:19,240 Speaker 4: me not do my homework early on, I was cramming 342 00:16:19,320 --> 00:16:21,440 Speaker 4: at the end, right, So why would you want to 343 00:16:21,440 --> 00:16:26,040 Speaker 4: buy in September when there was a fresh quarter October, November, December. 344 00:16:26,480 --> 00:16:27,680 Speaker 5: That's what the rebalancing is. 345 00:16:27,920 --> 00:16:30,240 Speaker 4: I'm not going to add any positions because by the 346 00:16:30,280 --> 00:16:32,560 Speaker 4: time you get to that last month, you should be 347 00:16:32,640 --> 00:16:36,160 Speaker 4: up already. If you're waiting to the fourth quarter and 348 00:16:36,320 --> 00:16:38,240 Speaker 4: going to like, well I'm gonna turn it on and 349 00:16:38,280 --> 00:16:41,040 Speaker 4: playoff mode, you're going to get knocked out. Yeah, that 350 00:16:41,120 --> 00:16:44,560 Speaker 4: does not exist. Wait for October and use August and 351 00:16:44,600 --> 00:16:46,720 Speaker 4: September to begin to put in some positions, and then 352 00:16:46,800 --> 00:16:50,840 Speaker 4: October you have the Christmas rally. In December, yep, January boom, 353 00:16:51,240 --> 00:16:54,960 Speaker 4: never fly back in February bye, and then go look 354 00:16:54,960 --> 00:16:58,760 Speaker 4: at the report to see what normally happens in terms 355 00:16:58,760 --> 00:17:00,880 Speaker 4: of the FED in the March, and the market usually 356 00:17:00,920 --> 00:17:01,600 Speaker 4: booms in March. 357 00:17:02,760 --> 00:17:05,880 Speaker 7: You'll be good in every quird winch and you're gonna 358 00:17:05,920 --> 00:17:06,159 Speaker 7: see that. 359 00:17:06,440 --> 00:17:09,240 Speaker 6: So that third week of September, like you could just 360 00:17:09,320 --> 00:17:12,280 Speaker 6: be ready and those five to seven days after that 361 00:17:12,880 --> 00:17:15,520 Speaker 6: be ready like those opportunities. The one thing we do 362 00:17:15,680 --> 00:17:17,520 Speaker 6: know about the market is it's gonna keep doing the 363 00:17:17,560 --> 00:17:20,760 Speaker 6: same thing over and like I said that investor re rocking, 364 00:17:20,920 --> 00:17:24,760 Speaker 6: re rock, re rocking, re rocking, re rock right, it's 365 00:17:24,800 --> 00:17:27,240 Speaker 6: gonna keep doing the same things. What happens is when 366 00:17:27,240 --> 00:17:29,120 Speaker 6: the new people get in the game, they've never seen 367 00:17:29,160 --> 00:17:30,119 Speaker 6: the old things happening. 368 00:17:32,280 --> 00:17:32,960 Speaker 5: You know what I'm saying. 369 00:17:33,720 --> 00:17:35,919 Speaker 6: People don't see it already. Oh you said it, like, oh, 370 00:17:36,200 --> 00:17:38,200 Speaker 6: what's that time again? It is like we're sitting back 371 00:17:38,240 --> 00:17:40,280 Speaker 6: waiting for the first and fifteen, like I know. 372 00:17:42,560 --> 00:17:44,560 Speaker 4: And that's what experience comes in. And that's why I 373 00:17:44,640 --> 00:17:47,680 Speaker 4: say mastering one move or two moves over and over again. 374 00:17:47,880 --> 00:17:51,119 Speaker 4: And that's why I asks like you guys have to 375 00:17:51,200 --> 00:17:54,080 Speaker 4: realize even in the show and the theatrics that we'll 376 00:17:54,119 --> 00:17:59,120 Speaker 4: do for entertainment. We're all conservative investors. So if you see, 377 00:17:59,160 --> 00:18:02,399 Speaker 4: if you master one or two moves, you can be 378 00:18:02,680 --> 00:18:04,320 Speaker 4: And I say this to everybody in Dreaming Team all 379 00:18:04,359 --> 00:18:04,600 Speaker 4: the time. 380 00:18:04,720 --> 00:18:07,800 Speaker 5: I beat a lot of people just by not being overactive. 381 00:18:08,480 --> 00:18:10,359 Speaker 4: Some of you take too many trades where you're like, well, 382 00:18:10,359 --> 00:18:12,200 Speaker 4: I did twenty eight ops in trades, but I got 383 00:18:13,000 --> 00:18:15,920 Speaker 4: two shares of it. I'm like, why, Well, I thought 384 00:18:15,960 --> 00:18:17,520 Speaker 4: I was gonna get nine hundred percent on all of 385 00:18:17,560 --> 00:18:19,239 Speaker 4: them and never have to invest. I'm like, bro, if 386 00:18:19,280 --> 00:18:23,800 Speaker 4: it was that easy elon Mark Cuban, everybody will do that. 387 00:18:24,040 --> 00:18:26,320 Speaker 5: It does not work. It does not work. 388 00:18:26,400 --> 00:18:28,639 Speaker 4: And despite the work you see everybody here put in 389 00:18:29,200 --> 00:18:32,280 Speaker 4: and everyone moving around, you gotta remember he's still an advisor. 390 00:18:32,800 --> 00:18:35,040 Speaker 4: There's a reason that hedge funds and don't go so 391 00:18:35,240 --> 00:18:38,320 Speaker 4: heavy in one asset class and they balance things out. 392 00:18:38,680 --> 00:18:40,800 Speaker 4: But your edge is going to be the few trades 393 00:18:40,880 --> 00:18:43,399 Speaker 4: that you take and a few companies that you invest 394 00:18:43,480 --> 00:18:46,360 Speaker 4: in and let the program work for you. Don't try 395 00:18:46,440 --> 00:18:49,879 Speaker 4: and reinvent the wheel when the wheels are already excellent, as. 396 00:18:49,840 --> 00:18:55,840 Speaker 6: Is my graduates from my school being forced back drop 397 00:18:56,480 --> 00:18:59,440 Speaker 6: b drop, Mike, drop back drop. 398 00:19:11,119 --> 00:19:14,960 Speaker 1: You just realized your business needed to hire someone yesterday. 399 00:19:15,520 --> 00:19:20,200 Speaker 1: How can you find amazing candidates fast easy? Just use Indeed. 400 00:19:20,680 --> 00:19:23,360 Speaker 1: Stop struggling to get your job posts seen on other 401 00:19:23,520 --> 00:19:27,119 Speaker 1: job sites. With Indeed sponsored jobs, your post jumps to 402 00:19:27,200 --> 00:19:29,720 Speaker 1: the top of the page for your relevant candidates, so 403 00:19:29,840 --> 00:19:32,760 Speaker 1: you can reach the people you want faster. According to 404 00:19:32,880 --> 00:19:36,800 Speaker 1: Indeed data, sponsored jobs posted directly on Indeed have forty 405 00:19:36,840 --> 00:19:40,760 Speaker 1: five percent more applications than non sponsored jobs. Don't wait 406 00:19:40,800 --> 00:19:44,199 Speaker 1: any longer, speed up your hiring right now with Indeed, 407 00:19:44,680 --> 00:19:46,880 Speaker 1: and listeners of this show will get a seventy five 408 00:19:46,960 --> 00:19:50,119 Speaker 1: dollars sponsored job credit to get your jobs more visibility 409 00:19:50,320 --> 00:19:55,960 Speaker 1: at indeed dot com slash pod Katz thirteen. Just go 410 00:19:56,080 --> 00:20:00,760 Speaker 1: to Indeed dot com slash pod Katz thirteen right now 411 00:20:01,200 --> 00:20:03,719 Speaker 1: and support our show by saying you heard about Indeed 412 00:20:03,800 --> 00:20:08,040 Speaker 1: on this podcast. Terms and conditions apply. Hiring Indeed is 413 00:20:08,160 --> 00:20:08,720 Speaker 1: all you need