WEBVTT - Cliff Notes: IS A STOCK MARKET PULLBACK COMING

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<v Speaker 2>Can we go somewhere real quick?

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<v Speaker 3>Because it was doing You mentioned Amazon, and I don't

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<v Speaker 3>want anybody to breeze over that. You know, that's one

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<v Speaker 3>of the companies I'm heavily invested in Amazon and a

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<v Speaker 3>firm that that partnership. Right, But now you have a

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<v Speaker 3>payment planned company partnering with the largest retail company, well

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<v Speaker 3>will will be by the next year, the largest retail

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<v Speaker 3>company in the world.

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<v Speaker 2>What are your thoughts on that, guys?

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<v Speaker 4>Oh baby, you know I'm not gonna say anything else.

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<v Speaker 4>Like that movement of pay later or running credit applications

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<v Speaker 4>to select people to be able to pay your finance

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<v Speaker 4>later tied into the stickiness of the algorithm that Amazon has.

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<v Speaker 5>It'll probably that alone that gave give him.

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<v Speaker 4>A twenty or thirty percent bump over in stock price

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<v Speaker 4>over the next twenty four to thirty eight months, because

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<v Speaker 4>even if let's say the worst case scenario, it drives

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<v Speaker 4>eight percent more sales once Once you guys do the homework,

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<v Speaker 4>I know Pearson probably knows the answer. How much more

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<v Speaker 4>revenue with that bringing Amazon is just that partnership brought

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<v Speaker 4>an eight percent more revenue per year. That would that

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<v Speaker 4>would make a company's year that kind of growth as

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<v Speaker 4>it's a great partnership kind of like all us being

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<v Speaker 4>on stage and investments.

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<v Speaker 5>I'm working on my segways now that was no.

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<v Speaker 3>Hey, The interesting part is that before that PO we

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<v Speaker 3>had said a firm, a firm, a firm, affirm, we

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<v Speaker 3>got on our watchers. Put it on your watch list,

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<v Speaker 3>and now to see them to part with Amazon, with

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<v Speaker 3>which we obviously love crazy, it's amazing. And hey, you

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<v Speaker 3>know the the installment payment starts so low. It's not

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<v Speaker 3>like you have to have something that's four hundred dollars.

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<v Speaker 3>I think it starts if something is fifty dollars are

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<v Speaker 3>over you can have it installment payments on it.

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<v Speaker 2>Amazon's I mean, this is they just they're different now.

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<v Speaker 6>And also you got to ask yourself, this is what

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<v Speaker 6>I love about So Amazon is leader, like my favorite

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<v Speaker 6>company next to Chapolte. But what happens is what people

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<v Speaker 6>fail to realize too, is like Amazon Web Services their

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<v Speaker 6>bread one. So when you add paid, you know to

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<v Speaker 6>pay later to the retail part of it. Mm hmm,

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<v Speaker 6>it's an easy grant. Yeah, that's easy. Like that now,

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<v Speaker 6>Like man, that's that's sick, you know what I'm.

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<v Speaker 4>Saying, especially on the electronics side, and.

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<v Speaker 7>People don't like to pay not want to pay later anyway.

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<v Speaker 7>You just now.

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<v Speaker 6>Put on a pay later with the people have also

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<v Speaker 6>bought this.

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<v Speaker 7>It's over you.

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<v Speaker 4>With the retail stores that they also acquired, So now

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<v Speaker 4>you'll be able to pay later. Get a shipped to

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<v Speaker 4>you in a couple of hours to go pick it

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<v Speaker 4>up same day with and if you have a prime

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<v Speaker 4>and it'll be one click.

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<v Speaker 3>Nah.

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<v Speaker 6>Yeah, that's what we got to also look at as

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<v Speaker 6>I want us to realize how the game is evolved,

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<v Speaker 6>how every company is evolving technology, whether it's I talked

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<v Speaker 6>about software, I talked about you know, chip to plans,

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<v Speaker 6>but just look at how software is evolving, Like that's

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<v Speaker 6>what we got to look at when we talk about fintech.

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<v Speaker 6>That's another software, Like we look at that. You don't

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<v Speaker 6>got to chase the next nothing. The things that are

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<v Speaker 6>in front of us right now having peaked, they're still growing.

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<v Speaker 6>There's so much growth in the companies that were looking

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<v Speaker 6>at right now, like you don't got to go chase

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<v Speaker 6>the next nothing, people like Amazon, people like Facebook, Like

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<v Speaker 6>no one is acquiet more businesses, more businesses than Facebook

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<v Speaker 6>over the last three years, nobody, you know what I'm saying,

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<v Speaker 6>Like they're the companies that are right in our face

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<v Speaker 6>are growing at a tremendous radio like go like look at.

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<v Speaker 2>That, look at that focused, Look you got to go try.

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<v Speaker 7>To chase the next nothing that they are looking at

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<v Speaker 7>right Like we're.

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<v Speaker 6>In that phase of the world where we're this is

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<v Speaker 6>the first phase of that evolution, you know what I'm saying,

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<v Speaker 6>This is the first.

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<v Speaker 7>Like we're not deep into it. We're still at the

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<v Speaker 7>grass roofs part of that evolution.

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<v Speaker 5>This is like ninety nine for fintech credit exactly, be

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<v Speaker 5>right there.

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<v Speaker 6>You don't got to look for the next nothing. The

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<v Speaker 6>new things are still like Amazon is just getting the

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<v Speaker 6>ball ruling, you know what I'm saying, Like they just

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<v Speaker 6>getting it, PayPal just getting Square, just getting these people

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<v Speaker 6>are just getting the ball rolling.

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<v Speaker 7>You don't have to go look for.

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<v Speaker 4>The next yeah, saying the music industry people like who's

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<v Speaker 4>the new Drake? I'm like Aubrey.

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<v Speaker 2>If I love it boy, if I love a boy and.

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<v Speaker 4>Enjoy, please do not do it Amazon, twenty nine eighty

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<v Speaker 4>three h seven. It's a good price, Red Panded family,

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<v Speaker 4>if you up from the price that I gave you

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<v Speaker 4>a couple of months ago, put Red Panda in chat

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<v Speaker 4>and earners. I want you to kill this twenty nine

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<v Speaker 4>eighty three oh seven.

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<v Speaker 5>Amazon.

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<v Speaker 4>There are a lot of pregnant emojis he had on

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<v Speaker 4>that album. You have to have your money. But oh

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<v Speaker 4>did y'all make that many investments babies. Let me know,

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<v Speaker 4>let's do a check up report and see was y'all

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<v Speaker 4>good or bad?

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<v Speaker 5>Yeah?

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<v Speaker 3>Yeah, Donna just came just came out yesterday. So I

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<v Speaker 3>got both of them up today. I got I got Drake,

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<v Speaker 3>and I got Yeah.

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<v Speaker 2>I see. Listen to the blessings to both our brothers.

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<v Speaker 2>Both our brothers.

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<v Speaker 7>Shout out to Okay, so let's talk about this uh

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<v Speaker 7>ten percent pull back in the market.

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<v Speaker 6>Is that something that you know, we think could potentially

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<v Speaker 6>come soon?

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<v Speaker 3>So hey, trap before you start, I just want to

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<v Speaker 3>be I wanted everybody because everybody on this in here

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<v Speaker 3>right now, and that's for it for sure.

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<v Speaker 2>We remember this time last year. We remember this time

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<v Speaker 2>last year. I'll never forget it.

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<v Speaker 3>It was like yo, we was like, man, this is

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<v Speaker 3>going great. And then August thirtieth through September second happened

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<v Speaker 3>and it was a night.

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<v Speaker 4>Man, I knew tech was gonna pull it back.

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<v Speaker 2>I'm like, I was like, damn, Shotty, you want that

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<v Speaker 2>energy out there?

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<v Speaker 5>Yeah, I was like.

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<v Speaker 6>Man like the crazy part then he hadn't been saying

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<v Speaker 6>that like two weeks.

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<v Speaker 4>She don't feel right, got to be good, man, Like,

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<v Speaker 4>she don't feel what I get to text what you

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<v Speaker 4>think about I'm like, bro, I promise you right there

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<v Speaker 4>and drop a check off if it don't work, like

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<v Speaker 4>you got to ride the store.

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<v Speaker 7>I knew it. I just knew it.

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<v Speaker 5>Yeah, knew it.

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<v Speaker 3>Hey, we still have the text messages and I was like, look, man,

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<v Speaker 3>i'll see bells.

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<v Speaker 2>Gotta be on it.

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<v Speaker 3>Shout out, shout to Bam.

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<v Speaker 2>That he almost lost it, but we got him back.

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<v Speaker 2>But it was interesting time.

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<v Speaker 3>So like, I'm very, I'm very I'm more aware now

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<v Speaker 3>of watching these things because I feel like we fell

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<v Speaker 3>asleep at the whale a little bit. I'll be honest,

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<v Speaker 3>we fell sleep at.

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<v Speaker 2>The little whel a little bit.

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<v Speaker 3>We stopped watching the things, the indicators that would have

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<v Speaker 3>told us that this was coming.

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<v Speaker 4>Text me man and Crystal Ball glowing an other charge

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<v Speaker 4>in Atlanta. I mean, a ten percent pullback could come.

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<v Speaker 4>But the thing I want to tell you guys right now,

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<v Speaker 4>set your marker for everything that you like and put

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<v Speaker 4>an alert when it does drop ten percent, And that

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<v Speaker 4>could be a potential by area. This is the issue

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<v Speaker 4>I always said about focusing on a big short more

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<v Speaker 4>than Jesus Christ. I ain't gonna say it with a

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<v Speaker 4>shot right. I want you guys to focus on the pullbacks,

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<v Speaker 4>opportunity and opposed to thinking about crashes is fear because

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<v Speaker 4>look where the market went from September tewod last year

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<v Speaker 4>to now. And I'll set this that investments when most

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<v Speaker 4>people are terrified when the market drops. I'm like, you're

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<v Speaker 4>heavenly father of Nazareth. I appreciate you so much for

0:08:26.440 --> 0:08:30.000
<v Speaker 4>this blessing you're about to bestow upon me. You have

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<v Speaker 4>to learn when winter is coming that pretty soon you're

0:08:34.960 --> 0:08:36.360
<v Speaker 4>going to be able to shine and things are going

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<v Speaker 4>to spring and blossom.

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<v Speaker 5>Everyone wants to earn its.

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<v Speaker 2>What's up?

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<v Speaker 3>works like the checkout is fast, the receipts are digital,

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<v Speaker 3>tipping is a breeze, and you're out the door before

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<v Speaker 3>This episode is brought to you by P and C Bank.

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<v Speaker 8>An illegal alien from Guatemala charged with raping a child

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<v Speaker 8>in Massachusetts. An MS thirteen gang member from El Salvador

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<v Speaker 8>accused of murdering a Texas man of Venezuelan charged with

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<v Speaker 8>filming and selling child pornography in Michigan. These are just

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<v Speaker 8>some of the heinous migrant criminals caught because of President

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<v Speaker 8>Donald J. Trump's leadership. I'm Christy nom the United States

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<v Speaker 8>Secretary of Homeland Security. Under President Trump, attempted illegal border

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<v Speaker 8>crossings are at the lowest levels ever recorded, and over

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<v Speaker 8>one hundred thousand illegal aliens have been arrested. If you

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<v Speaker 8>were here illegally, you're next. You will be fine nearly

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<v Speaker 8>one thousand dollars a day, imprisoned and deported. You will

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<v Speaker 8>never return. But if you register using our CBP home

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<v Speaker 8>app and leave now, you could be allowed to return legally.

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<v Speaker 8>Do what's right. Leave now. Under President Trump America's laws,

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<v Speaker 8>border and families will be protected.

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

0:11:30.760 --> 0:11:33.560
<v Speaker 4>Invest at the apex the summer, and when things cool down,

0:11:33.600 --> 0:11:36.560
<v Speaker 4>you're like, damn, I messed up. Please stop buying at

0:11:36.640 --> 0:11:39.000
<v Speaker 4>highs and when these crashes happen, you have to be

0:11:39.040 --> 0:11:39.880
<v Speaker 4>incredibly happy.

0:11:40.360 --> 0:11:42.240
<v Speaker 3>Yeah, I think you know what, it was a lot

0:11:42.240 --> 0:11:44.120
<v Speaker 3>of people. I mean, obviously it was the pandemic. So

0:11:44.160 --> 0:11:46.120
<v Speaker 3>we got a lot of new investors and so that

0:11:46.320 --> 0:11:48.400
<v Speaker 3>they had had that ride going all the way up

0:11:48.720 --> 0:11:50.760
<v Speaker 3>and it was the first time that they experienced something

0:11:50.800 --> 0:11:53.440
<v Speaker 3>like that, and so a lot of people got nervous,

0:11:53.520 --> 0:11:54.800
<v Speaker 3>They got appearances, a lot.

0:11:54.679 --> 0:11:55.400
<v Speaker 2>Of fair crept in.

0:11:55.520 --> 0:11:58.000
<v Speaker 3>But like you said, if you had stayed patient, I

0:11:58.040 --> 0:11:59.840
<v Speaker 3>think that's one of the biggest lessons.

0:12:01.000 --> 0:12:03.640
<v Speaker 2>That I've learned and had to learn right even prior

0:12:03.720 --> 0:12:03.960
<v Speaker 2>to this.

0:12:04.040 --> 0:12:09.640
<v Speaker 3>But patience is the key, like fearlessness, Patience is the

0:12:09.720 --> 0:12:13.319
<v Speaker 3>key because if we had just just stayed the course,

0:12:13.679 --> 0:12:16.320
<v Speaker 3>stayed patients, stick to the script. Like you said, look

0:12:16.320 --> 0:12:18.439
<v Speaker 3>where it's at from last September.

0:12:18.040 --> 0:12:19.400
<v Speaker 5>Right now now.

0:12:21.520 --> 0:12:30.200
<v Speaker 4>Triple Network and the drop, what a trap is at

0:12:30.240 --> 0:12:30.520
<v Speaker 4>it to my.

0:12:30.559 --> 0:12:31.480
<v Speaker 5>Rare Bander family.

0:12:32.960 --> 0:12:35.840
<v Speaker 4>And the thing is too, when you're over leveraged in

0:12:35.920 --> 0:12:38.719
<v Speaker 4>trade to paul A post a long term investing, you're

0:12:38.760 --> 0:12:41.200
<v Speaker 4>going to get hurt a lot more. I know, the

0:12:41.240 --> 0:12:43.960
<v Speaker 4>long term investing thing is not sexy. You know what

0:12:44.040 --> 0:12:45.800
<v Speaker 4>happens when you invest in long term? It's the same

0:12:45.800 --> 0:12:50.320
<v Speaker 4>thing with Mayweather. He fights boring. He doesn't have any knockouts.

0:12:50.360 --> 0:12:53.800
<v Speaker 4>Every time anyone who's invested in the things that I've

0:12:53.800 --> 0:12:57.520
<v Speaker 4>told them to over the last couple of years, you're like,

0:12:57.600 --> 0:13:01.800
<v Speaker 4>what drop in September, I'm up three hundred percent. That's

0:13:01.840 --> 0:13:03.000
<v Speaker 4>why when I was like, yo oh, if I made

0:13:03.040 --> 0:13:05.760
<v Speaker 4>your money go like I can feel it in my chest,

0:13:06.080 --> 0:13:08.040
<v Speaker 4>Like I love y'all who were there in attendance, Like

0:13:08.559 --> 0:13:11.080
<v Speaker 4>you have to begin to look to put ninety percent

0:13:11.160 --> 0:13:13.800
<v Speaker 4>of your money long term, ten percent of the trades,

0:13:14.080 --> 0:13:16.200
<v Speaker 4>and it's an equations that will work forever for you.

0:13:16.559 --> 0:13:18.720
<v Speaker 6>It's crazy you say that because that's literally mine. It's

0:13:18.760 --> 0:13:24.440
<v Speaker 6>eighty five fifteen. It's eighty five fifteen. And the due

0:13:24.480 --> 0:13:28.320
<v Speaker 6>part is so he's coming. So August and September always

0:13:28.320 --> 0:13:31.240
<v Speaker 6>the worst two months in the market. Yep, August and

0:13:31.280 --> 0:13:33.480
<v Speaker 6>September the worst two months. So if we know that,

0:13:33.600 --> 0:13:35.559
<v Speaker 6>we understand what they probably didn't know it. But if

0:13:35.600 --> 0:13:37.920
<v Speaker 6>we know that, then you already like, okay, let me

0:13:37.960 --> 0:13:38.600
<v Speaker 6>load the clip up.

0:13:38.600 --> 0:13:39.320
<v Speaker 2>That's not tell.

0:13:41.360 --> 0:13:44.600
<v Speaker 5>And I'll say the worse for who people that invest

0:13:44.640 --> 0:13:44.960
<v Speaker 5>in wrong.

0:13:45.600 --> 0:13:48.000
<v Speaker 4>This is my birthday right right right, I'm like this

0:13:48.120 --> 0:13:49.920
<v Speaker 4>is a present for me cherry.

0:13:50.880 --> 0:13:53.520
<v Speaker 2>Yeah, and trap can you tell them why?

0:13:53.679 --> 0:13:55.720
<v Speaker 3>Can you tell them why that September is the worst

0:13:55.760 --> 0:13:58.400
<v Speaker 3>month traditionally, the worst month historically, So they have.

0:13:58.360 --> 0:14:00.400
<v Speaker 7>A few things going on in timber.

0:14:00.520 --> 0:14:05.680
<v Speaker 6>Whereas first, first, I think that people still have I

0:14:05.720 --> 0:14:08.040
<v Speaker 6>think nine elevens also plays a part of that too.

0:14:08.120 --> 0:14:10.000
<v Speaker 7>Let me say that I think that.

0:14:10.000 --> 0:14:11.080
<v Speaker 2>Also psychological thing.

0:14:11.160 --> 0:14:13.800
<v Speaker 6>Yeahychological thing too. But also you have a lot of

0:14:13.800 --> 0:14:17.040
<v Speaker 6>things that expire in that moment. You have the last

0:14:17.120 --> 0:14:19.640
<v Speaker 6>quarter is coming into the year, We have a lot

0:14:19.640 --> 0:14:21.760
<v Speaker 6>of regulations go on that turn around that most We

0:14:21.800 --> 0:14:23.480
<v Speaker 6>have a few things that's going on in that moment

0:14:23.520 --> 0:14:27.440
<v Speaker 6>and make retail failure and make big institutions back up. Also,

0:14:27.480 --> 0:14:31.360
<v Speaker 6>we got to look at rebalancing that's happening now. Balancing

0:14:31.400 --> 0:14:34.520
<v Speaker 6>start to happen. When institutional rebalancing starting to happen, that's

0:14:34.520 --> 0:14:38.160
<v Speaker 6>going to make the market swing heavy, right, And so

0:14:38.320 --> 0:14:45.320
<v Speaker 6>we look at that. We can look into something called the.

0:14:42.840 --> 0:14:44.400
<v Speaker 7>The hedge from vip lits.

0:14:44.960 --> 0:14:47.120
<v Speaker 6>Right, So if you look at the hedge from vip list,

0:14:47.160 --> 0:14:51.040
<v Speaker 6>it'll give you the top fifty, the top fifty most

0:14:51.120 --> 0:14:55.680
<v Speaker 6>heavily invested stocks of that quarter. Bullmensacks put it out

0:14:55.680 --> 0:14:59.160
<v Speaker 6>every month, I mean every quarter. If you typically look

0:14:59.240 --> 0:15:02.480
<v Speaker 6>at before for September, those companies, those would be hit

0:15:02.520 --> 0:15:05.240
<v Speaker 6>the hardest. Those would be hit the hardest. You could

0:15:05.240 --> 0:15:07.440
<v Speaker 6>take that being do what you won't do with it?

0:15:07.800 --> 0:15:07.960
<v Speaker 5>Right?

0:15:08.120 --> 0:15:10.360
<v Speaker 6>If you can look at that hedge from vip list,

0:15:10.520 --> 0:15:14.920
<v Speaker 6>those he feel mean the top fifteen, they gonna be

0:15:15.000 --> 0:15:18.120
<v Speaker 6>hit the hardest. Why because that's where every balancing come from. Also,

0:15:18.200 --> 0:15:21.880
<v Speaker 6>we gotta understand this, like if we look at the

0:15:21.920 --> 0:15:25.400
<v Speaker 6>biggest companies that hedge funds are in, all they're gonna

0:15:25.440 --> 0:15:27.760
<v Speaker 6>do is take their money, sit on the sideline, and

0:15:27.880 --> 0:15:28.960
<v Speaker 6>then re into again.

0:15:30.480 --> 0:15:31.240
<v Speaker 5>It's all going on.

0:15:31.720 --> 0:15:32.480
<v Speaker 7>So while you're.

0:15:32.400 --> 0:15:35.120
<v Speaker 6>Panicking like you should be just doubling out, you can

0:15:35.160 --> 0:15:37.320
<v Speaker 6>look at you one hundred and fifte hundred and twenty

0:15:37.400 --> 0:15:38.280
<v Speaker 6>day moving average.

0:15:38.520 --> 0:15:39.320
<v Speaker 7>You can look at that.

0:15:39.560 --> 0:15:41.800
<v Speaker 6>That can be an indicator you used that's gonna give

0:15:41.800 --> 0:15:43.640
<v Speaker 6>you ten percent out of the gate. If it gets

0:15:43.680 --> 0:15:45.600
<v Speaker 6>the little at it's a toime of lick. You can

0:15:45.640 --> 0:15:47.400
<v Speaker 6>look at that two hundred dead they get below that,

0:15:47.600 --> 0:15:48.840
<v Speaker 6>you can really load the boat.

0:15:49.120 --> 0:15:49.240
<v Speaker 5>Right.

0:15:49.320 --> 0:15:50.000
<v Speaker 7>Those are two.

0:15:49.920 --> 0:15:53.080
<v Speaker 6>Things you can definitely look at on on your journey,

0:15:53.200 --> 0:15:55.120
<v Speaker 6>and those keep you from panicky y'all.

0:15:55.960 --> 0:15:58.720
<v Speaker 2>Yeah, and I know what quadruple witching is.

0:15:58.720 --> 0:16:00.560
<v Speaker 3>Also in September, so like right in the middle of

0:16:00.600 --> 0:16:03.040
<v Speaker 3>the month, you got a lot of contracts expired in

0:16:03.080 --> 0:16:03.800
<v Speaker 3>the options market.

0:16:03.920 --> 0:16:06.800
<v Speaker 4>So because if you have a quarter, like you have

0:16:06.880 --> 0:16:08.960
<v Speaker 4>two types of students, the ones who do their homework

0:16:09.040 --> 0:16:11.600
<v Speaker 4>in the beginning of the school year and the ones

0:16:11.640 --> 0:16:14.760
<v Speaker 4>who cram the last three weeks. Now, when I was

0:16:14.800 --> 0:16:16.560
<v Speaker 4>getting on punishment and my dad was whooking me for

0:16:16.640 --> 0:16:19.240
<v Speaker 4>me not do my homework early on, I was cramming

0:16:19.320 --> 0:16:21.440
<v Speaker 4>at the end, right, So why would you want to

0:16:21.440 --> 0:16:26.040
<v Speaker 4>buy in September when there was a fresh quarter October, November, December.

0:16:26.480 --> 0:16:27.680
<v Speaker 5>That's what the rebalancing is.

0:16:27.920 --> 0:16:30.240
<v Speaker 4>I'm not going to add any positions because by the

0:16:30.280 --> 0:16:32.560
<v Speaker 4>time you get to that last month, you should be

0:16:32.640 --> 0:16:36.160
<v Speaker 4>up already. If you're waiting to the fourth quarter and

0:16:36.320 --> 0:16:38.240
<v Speaker 4>going to like, well I'm gonna turn it on and

0:16:38.280 --> 0:16:41.040
<v Speaker 4>playoff mode, you're going to get knocked out. Yeah, that

0:16:41.120 --> 0:16:44.560
<v Speaker 4>does not exist. Wait for October and use August and

0:16:44.600 --> 0:16:46.720
<v Speaker 4>September to begin to put in some positions, and then

0:16:46.800 --> 0:16:50.840
<v Speaker 4>October you have the Christmas rally. In December, yep, January boom,

0:16:51.240 --> 0:16:54.960
<v Speaker 4>never fly back in February bye, and then go look

0:16:54.960 --> 0:16:58.760
<v Speaker 4>at the report to see what normally happens in terms

0:16:58.760 --> 0:17:00.880
<v Speaker 4>of the FED in the March, and the market usually

0:17:00.920 --> 0:17:01.600
<v Speaker 4>booms in March.

0:17:02.760 --> 0:17:05.880
<v Speaker 7>You'll be good in every quird winch and you're gonna

0:17:05.920 --> 0:17:06.159
<v Speaker 7>see that.

0:17:06.440 --> 0:17:09.240
<v Speaker 6>So that third week of September, like you could just

0:17:09.320 --> 0:17:12.280
<v Speaker 6>be ready and those five to seven days after that

0:17:12.880 --> 0:17:15.520
<v Speaker 6>be ready like those opportunities. The one thing we do

0:17:15.680 --> 0:17:17.520
<v Speaker 6>know about the market is it's gonna keep doing the

0:17:17.560 --> 0:17:20.760
<v Speaker 6>same thing over and like I said that investor re rocking,

0:17:20.920 --> 0:17:24.760
<v Speaker 6>re rock, re rocking, re rocking, re rock right, it's

0:17:24.800 --> 0:17:27.240
<v Speaker 6>gonna keep doing the same things. What happens is when

0:17:27.240 --> 0:17:29.120
<v Speaker 6>the new people get in the game, they've never seen

0:17:29.160 --> 0:17:30.119
<v Speaker 6>the old things happening.

0:17:32.280 --> 0:17:32.960
<v Speaker 5>You know what I'm saying.

0:17:33.720 --> 0:17:35.919
<v Speaker 6>People don't see it already. Oh you said it, like, oh,

0:17:36.200 --> 0:17:38.200
<v Speaker 6>what's that time again? It is like we're sitting back

0:17:38.240 --> 0:17:40.280
<v Speaker 6>waiting for the first and fifteen, like I know.

0:17:42.560 --> 0:17:44.560
<v Speaker 4>And that's what experience comes in. And that's why I

0:17:44.640 --> 0:17:47.680
<v Speaker 4>say mastering one move or two moves over and over again.

0:17:47.880 --> 0:17:51.119
<v Speaker 4>And that's why I asks like you guys have to

0:17:51.200 --> 0:17:54.080
<v Speaker 4>realize even in the show and the theatrics that we'll

0:17:54.119 --> 0:17:59.120
<v Speaker 4>do for entertainment. We're all conservative investors. So if you see,

0:17:59.160 --> 0:18:02.399
<v Speaker 4>if you master one or two moves, you can be

0:18:02.680 --> 0:18:04.320
<v Speaker 4>And I say this to everybody in Dreaming Team all

0:18:04.359 --> 0:18:04.600
<v Speaker 4>the time.

0:18:04.720 --> 0:18:07.800
<v Speaker 5>I beat a lot of people just by not being overactive.

0:18:08.480 --> 0:18:10.359
<v Speaker 4>Some of you take too many trades where you're like, well,

0:18:10.359 --> 0:18:12.200
<v Speaker 4>I did twenty eight ops in trades, but I got

0:18:13.000 --> 0:18:15.920
<v Speaker 4>two shares of it. I'm like, why, Well, I thought

0:18:15.960 --> 0:18:17.520
<v Speaker 4>I was gonna get nine hundred percent on all of

0:18:17.560 --> 0:18:19.239
<v Speaker 4>them and never have to invest. I'm like, bro, if

0:18:19.280 --> 0:18:23.800
<v Speaker 4>it was that easy elon Mark Cuban, everybody will do that.

0:18:24.040 --> 0:18:26.320
<v Speaker 5>It does not work. It does not work.

0:18:26.400 --> 0:18:28.639
<v Speaker 4>And despite the work you see everybody here put in

0:18:29.200 --> 0:18:32.280
<v Speaker 4>and everyone moving around, you gotta remember he's still an advisor.

0:18:32.800 --> 0:18:35.040
<v Speaker 4>There's a reason that hedge funds and don't go so

0:18:35.240 --> 0:18:38.320
<v Speaker 4>heavy in one asset class and they balance things out.

0:18:38.680 --> 0:18:40.800
<v Speaker 4>But your edge is going to be the few trades

0:18:40.880 --> 0:18:43.399
<v Speaker 4>that you take and a few companies that you invest

0:18:43.480 --> 0:18:46.360
<v Speaker 4>in and let the program work for you. Don't try

0:18:46.440 --> 0:18:49.879
<v Speaker 4>and reinvent the wheel when the wheels are already excellent, as.

0:18:49.840 --> 0:18:55.840
<v Speaker 6>Is my graduates from my school being forced back drop

0:18:56.480 --> 0:18:59.440
<v Speaker 6>b drop, Mike, drop back drop.

0:19:11.119 --> 0:19:14.960
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