WEBVTT - How High Can Meta's Stock Go? 0:00:00.040 --> 0:00:03.600 An illegal alien from Guatemala charged with raping a child 0:00:03.680 --> 0:00:07.480 in Massachusetts. An MS thirteen gang member from Al Salvador 0:00:07.720 --> 0:00:11.840 accused of murdering a Texas man of Venezuelan charged with 0:00:11.920 --> 0:00:15.840 filming and selling child pornography in Michigan. These are just 0:00:15.920 --> 0:00:19.680 some of the heinous migrant criminals caught because of President 0:00:19.720 --> 0:00:20.159 Donald J. 0:00:20.239 --> 0:00:21.200 Trump's leadership. 0:00:21.480 --> 0:00:25.079 I'm Christy nom the United States Secretary of Homeland Security. 0:00:25.440 --> 0:00:29.200 Under President Trump, attempted illegal border crossings are at the 0:00:29.240 --> 0:00:33.080 lowest levels ever recorded, and over one hundred thousand illegal 0:00:33.120 --> 0:00:36.920 aliens have been arrested. If you are here illegally, your 0:00:37.040 --> 0:00:41.160 next you will be fined nearly one thousand dollars a day, imprisoned, 0:00:41.479 --> 0:00:42.160 and deported. 0:00:42.600 --> 0:00:43.800 You will never return. 0:00:44.120 --> 0:00:47.120 But if you register using our CBP home app and 0:00:47.240 --> 0:00:50.120 leave now, you could be allowed to return legally. 0:00:50.479 --> 0:00:52.720 Do what's right. Leave now. 0:00:53.040 --> 0:00:57.840 Under President Trump, America's laws, border and families will be protected. 0:00:57.920 --> 0:01:00.000 Sponsored by the United States Department of Homeland Security. 0:01:00.080 --> 0:01:02.400 We'll talk about the stock. Twitter obviously is not a 0:01:02.440 --> 0:01:04.640 publicly traded company, so we don't talk about their stock, 0:01:04.920 --> 0:01:08.480 but Meta is metas stock, hovering around two hundred and 0:01:08.520 --> 0:01:13.760 ninety dollars a share, something that nobody really saw coming 0:01:13.800 --> 0:01:16.640 fifty two week low eighty eight dollars, So it had 0:01:16.680 --> 0:01:21.640 a very tough, tough run. It was riding high three 0:01:21.720 --> 0:01:24.760 hundred and seventy eight dollars. I think it peaked that 0:01:25.280 --> 0:01:29.000 in two thousand and September twenty twenty one, then had 0:01:29.319 --> 0:01:32.319 just dropped off the cliff, went from three hundred and 0:01:32.400 --> 0:01:35.400 seventy eight dollars all the way down to eighty eight dollars, 0:01:36.959 --> 0:01:41.000 but since then has rebounded to two hundred and ninety 0:01:41.000 --> 0:01:45.839 almost three hundred dollars. So how far can we expect 0:01:45.880 --> 0:01:52.400 this to ride up? And it's a pretty miraculous, miraculous 0:01:53.040 --> 0:01:56.240 comeback story. And once again it's one of these things 0:01:56.280 --> 0:01:59.960 where the eye test sometimes you just get a gut 0:02:00.040 --> 0:02:04.080 feeling about things. I'm not really you know, when I 0:02:04.120 --> 0:02:06.240 said that Meta was head to stay, I didn't. I 0:02:06.240 --> 0:02:12.960 didn't based off a pe ratio or you know, candlesticks. 0:02:13.400 --> 0:02:17.040 I just know I know the culture, and I said, 0:02:17.280 --> 0:02:21.120 people are still addicted to Instagram, and I know how 0:02:21.320 --> 0:02:24.040 valuable that is, and I know how hard that is 0:02:24.080 --> 0:02:29.960 to break, and they've integrated vertically, and it just seemed 0:02:30.000 --> 0:02:31.799 like it's too big to. 0:02:31.800 --> 0:02:34.360 Fail, but mirror. 0:02:34.800 --> 0:02:36.839 If they would have held off a Metaverse for three 0:02:36.840 --> 0:02:39.000 more years, you think they would eventually fail. 0:02:39.600 --> 0:02:41.600 Yeah. Probably, But they've got to cut the bleeding. Got 0:02:41.680 --> 0:02:44.639 to stop the bleeding's and that's a sign of leadership 0:02:44.919 --> 0:02:46.760 when knowing when to say, Okay, I tried something, it 0:02:46.760 --> 0:02:50.840 didn't work. Yep, let's pull the plug. So is this 0:02:51.000 --> 0:02:54.480 is this stock price going to continue to go out? 0:02:55.040 --> 0:02:58.200 Yeah, as long as they don't reinvest into Metaverse. They 0:02:58.200 --> 0:03:02.280 haven't started to monetize Threads normally. At a billion, billion five, 0:03:02.320 --> 0:03:05.560 it is on like the throttling of the post. So 0:03:05.639 --> 0:03:08.000 for everyone on Threads, you better use this. At the 0:03:08.080 --> 0:03:10.280 rate they're growing, you better use this tough for the 0:03:10.280 --> 0:03:12.280 next thirty to ninety days because once they cross a 0:03:12.280 --> 0:03:15.640 billion and Adam starts posting about it on his Instagram, 0:03:15.960 --> 0:03:17.040 that's when the ad. 0:03:16.800 --> 0:03:18.480 Platform part is going to come in. Cut shou out 0:03:18.480 --> 0:03:19.040 to my buddy Dave. 0:03:19.120 --> 0:03:20.760 He was telling me, like, I think at like a 0:03:20.800 --> 0:03:23.360 billion five, they'll start to monetize it and you'll see ads. 0:03:23.720 --> 0:03:26.320 I'm interested to see how they integrate the ads on 0:03:26.320 --> 0:03:27.080 the platform. 0:03:27.200 --> 0:03:28.200 But if she'll push up. 0:03:28.160 --> 0:03:33.320 To three point fifty calls for reversal, cutting the metaverse, 0:03:33.400 --> 0:03:38.240 cutting of expenses, and on the on the talent and 0:03:38.280 --> 0:03:41.080 the employee side. And then they start green lighting some 0:03:41.120 --> 0:03:45.240 projects like threads is they knew that they've only from 0:03:45.240 --> 0:03:47.000 what I was told on the inside, They've only been 0:03:47.000 --> 0:03:47.720 working on this for. 0:03:47.600 --> 0:03:52.040 Five months, so I said five months. 0:03:52.680 --> 0:03:54.040 Yeah, so I know people want to clip it up, 0:03:54.040 --> 0:03:55.320 like yo, Ean, what's wrong about Metal? 0:03:55.400 --> 0:03:55.440 No? 0:03:55.720 --> 0:03:57.680 I said, the death of Facebook was coming two years ago. 0:03:57.760 --> 0:04:01.040 They changed the name. They died, They almost died with 0:04:01.080 --> 0:04:03.640 the metaverse they changed. I'm telling you as a person 0:04:03.880 --> 0:04:06.720 who has had conversations with people inside of the building, 0:04:07.080 --> 0:04:09.720 inside of the Metal and said these same things. And 0:04:09.760 --> 0:04:11.440 as soon as I'll set you guys need to copy 0:04:11.440 --> 0:04:13.160 and clone something else. I'm not taking credit for it. 0:04:13.200 --> 0:04:15.760 They were like, you're right. They got back to basics. 0:04:15.760 --> 0:04:19.200 And sometimes in business, you can have a great media 0:04:19.279 --> 0:04:22.719 property or great business, but if your expenses are higher 0:04:22.720 --> 0:04:24.760 than what you are bringing in, it is a recipe 0:04:24.760 --> 0:04:26.040 that you cannot up market. 0:04:26.839 --> 0:04:28.839 They changed the course of stock. You could get to 0:04:28.880 --> 0:04:29.480 three fifty. 0:04:30.440 --> 0:04:34.560 They are part of the Big seven that the hedge 0:04:34.560 --> 0:04:39.160 funds are promoting, so capital kind of has to flow there. 0:04:39.160 --> 0:04:40.839 And if you think about it. 0:04:40.920 --> 0:04:43.560 He is kind of like the Rupert Murdoch of social media, 0:04:43.640 --> 0:04:46.119 where he's like aggregated all of the biggest business media 0:04:46.160 --> 0:04:49.960 businesses like into one, and they're supposed to have monetization 0:04:50.040 --> 0:04:54.040 coming out worldwide on what's at by December. So but 0:04:54.080 --> 0:04:57.600 by then it should push it up to probably three 0:04:57.600 --> 0:04:59.000 point fifty at that time. 0:05:00.000 --> 0:05:04.719 This is a story of patients like in yeah, well, 0:05:04.760 --> 0:05:06.839 I mean because even then it was like the thought 0:05:06.880 --> 0:05:08.960 of the metaverse was the news. So I mean, I 0:05:09.000 --> 0:05:12.440 had like a call for meta at three twenty and 0:05:12.480 --> 0:05:14.839 this is like in April of twenty one, like January 0:05:14.839 --> 0:05:17.479 of twenty twenty four. So I'm watching, like you know, 0:05:17.560 --> 0:05:19.480 this is one of those things you watch you take 0:05:19.520 --> 0:05:21.400 profit when it goes up to three seventy eight and 0:05:21.400 --> 0:05:23.039 then you leave some, and so I left some and 0:05:23.040 --> 0:05:25.119 then we saw what happened went down to one on nine, 0:05:25.440 --> 0:05:27.920 and so this climb back is like in the portfolio, 0:05:27.920 --> 0:05:29.840 It's one of those things it's like, oh, this is great, 0:05:30.279 --> 0:05:32.320 this is great, this this is the powered patients. So yeah, 0:05:32.360 --> 0:05:35.960 I definitely see it getting to three ten, three fifteen. 0:05:36.160 --> 0:05:39.560 Three fifty. When do you say that by next like 0:05:39.640 --> 0:05:40.920 December or like when are. 0:05:40.839 --> 0:05:44.720 We thinking, probably butt like January December January, like if 0:05:44.720 --> 0:05:47.680 they say the course keep costs down, because now they 0:05:47.680 --> 0:05:49.680 are starting. And also like if you guys think the 0:05:49.720 --> 0:05:53.240 rat war is interesting, those billionaire battles behind the scenes 0:05:53.279 --> 0:05:53.880 are different. 0:05:54.480 --> 0:05:57.800 So now you're seeing a sway like. 0:05:57.720 --> 0:06:00.440 You can go to like gourgle for because I have 0:06:00.520 --> 0:06:02.560 no affiliation with them, I don't making money on the 0:06:02.600 --> 0:06:04.719 back end, but you can go look and see the 0:06:04.800 --> 0:06:08.360 hedge funds are now back in favor of matter like Rashat, 0:06:08.400 --> 0:06:11.600 like candles don't matter long term, what really mattered, Like 0:06:11.800 --> 0:06:15.280 candlesticks are technically just the fundamental prices on the screen. 0:06:15.560 --> 0:06:17.919 I said that with the episode with Josh Brown, please 0:06:17.920 --> 0:06:21.560 tune into that here on market Moneys. I think he's 0:06:21.600 --> 0:06:24.200 been on twice and then when jac was on, but 0:06:24.400 --> 0:06:27.000 the fundamentals got better. So as a result, the stock 0:06:27.080 --> 0:06:29.839 price improved, and we're seeing that as long as they 0:06:29.920 --> 0:06:34.120 keep these costs down. I do like the Oculus pro devices, 0:06:34.120 --> 0:06:37.240 but as long as they stay away from developing the metaverse, 0:06:37.600 --> 0:06:39.960 which and I'm gonna be very honest, I'll talk about 0:06:40.000 --> 0:06:42.000 what I said when I was there last. You need 0:06:42.000 --> 0:06:44.440 to let somebody else develop the metaverse and then go 0:06:44.480 --> 0:06:48.960 steal that. Go let PlayStation or Minecraft or Roadblocks or 0:06:48.960 --> 0:06:52.400 somebody go develop the metaverse or Fortnite or somebody steal 0:06:52.839 --> 0:06:56.440 develop it, and then you take it and then deploy it. Oftentimes, 0:06:56.480 --> 0:07:00.560 when you're trying to build a platform or a desire 0:07:00.720 --> 0:07:03.599 or need in the marketplace, you end up falling flat 0:07:03.600 --> 0:07:05.599 in your face. They need to let somebody else build it, 0:07:05.640 --> 0:07:07.240 and then they end up developing on top of it. 0:07:07.480 --> 0:07:09.440 When you think about it, that I mean he deviated 0:07:09.440 --> 0:07:13.840 from his strategy along right, rather than creating the platform right, 0:07:14.080 --> 0:07:17.440 the strategy has been see what's working it may modificate 0:07:17.680 --> 0:07:20.040 modifications to enhance it, to make it better. 0:07:20.080 --> 0:07:20.880 When you when you. 0:07:20.800 --> 0:07:22.640 Try to do the metaverse, it didn't work. And what 0:07:22.720 --> 0:07:25.200 happened was the ridicule. Right when we thought about the metaphors, 0:07:25.240 --> 0:07:28.640 we thought about this place, he turned his company into 0:07:28.680 --> 0:07:30.840 that place, which kind of turned off a bunch of CEOs, 0:07:30.840 --> 0:07:32.680 and bedroom happens. They're like, wait, I don't want to 0:07:32.680 --> 0:07:35.080 invest in what he's doing. We can make our own thing. 0:07:35.400 --> 0:07:38.760 It's kind of backfy him, and so that deviation kind 0:07:38.760 --> 0:07:39.280 of cost him. 0:07:39.360 --> 0:07:43.040 Right stop, that's what they're doing next? Ye what they're 0:07:43.040 --> 0:07:45.680 doing next. That's that's the next one. That's the next one. 0:07:45.920 --> 0:07:48.560 Apple does the same thing all the time, Like I say, 0:07:48.640 --> 0:07:50.880 all the time, I love Apple as a company. Samsung 0:07:50.920 --> 0:07:53.360 probably has had a better phone for the last thirteen years. 0:07:53.680 --> 0:07:55.960 The ecosystem is immaculatem But what does Apple do there 0:07:56.000 --> 0:07:57.680 all wait to see all the features come out from 0:07:57.720 --> 0:08:00.120 every phone. They'll find a way to slowly in to 0:08:00.120 --> 0:08:02.200 greate that into the iPhone that I had. 0:08:02.680 --> 0:08:06.240 And we had a conversation this weekend and we talk 0:08:06.280 --> 0:08:09.240 about motes, and it's interesting. It was like sometimes the 0:08:09.320 --> 0:08:12.640 opposite uh spectrum of the mote is that sometimes businesses 0:08:12.880 --> 0:08:15.000 will put you on your own note and you're by 0:08:15.080 --> 0:08:16.520 yourself isolated to. 0:08:16.440 --> 0:08:18.400 The point where you can't work right. 0:08:18.440 --> 0:08:20.120 And so like when they looked at the metaverse, I 0:08:20.120 --> 0:08:22.560 felt like they made it its own mote, Like, all right, 0:08:23.080 --> 0:08:23.680 that's his thing. 0:08:23.880 --> 0:08:26.360 We don't have. There's no competitive advantage, the competitive avantages 0:08:26.440 --> 0:08:27.080 that it's just his. 0:08:27.720 --> 0:08:31.320 Yeah, but that's what they're doing next, That's that's what 0:08:31.360 --> 0:08:35.040 they're the metaverse move. No, which so you had mentioned 0:08:35.040 --> 0:08:38.280 you said they should have let somebody else, Oh yeah, 0:08:38.360 --> 0:08:41.160 metaverse and then copy the metaverse thing. Hasn't really worked out, 0:08:41.200 --> 0:08:44.440 so I don't think that. But what are people doing 0:08:44.520 --> 0:08:49.440 right now? What's the hottest topic in the last six months? 0:08:50.280 --> 0:08:51.160 You're talking about AI? 0:08:52.320 --> 0:08:57.800 I'm asking a questioner that your yes, okay, yeah, even 0:08:57.800 --> 0:08:58.439 deployed that. 0:08:58.600 --> 0:09:01.400 Oh go ahead, earners, what's up? 0:09:01.480 --> 0:09:03.920 You ever walk into a small business and everything just 0:09:04.080 --> 0:09:07.280 works like the checkout is fast, the receipts are digital, 0:09:07.800 --> 0:09:10.760 tipping is a breeze, and you're out the door before 0:09:10.800 --> 0:09:14.920 the line even builds odds are they're using Square? 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To see 0:09:48.480 --> 0:09:52.280 how Square can transform your business, visit Square dot com, 0:09:52.280 --> 0:09:57.120 Backslash Go Backslash eyl to learn more that Square dot 0:09:57.160 --> 0:10:01.760 com backslash go backslash eyl. We don't wait, don't hesitate. 0:10:01.880 --> 0:10:04.280 Let's Square handle the back end so you can keep 0:10:04.280 --> 0:10:10.400 pushing your vision forward. This episode is brought to you 0:10:10.400 --> 0:10:12.680 by P and C Bank. A lot of people think 0:10:12.760 --> 0:10:16.640 podcasts about work are boring, and sure they definitely can be, 0:10:17.120 --> 0:10:20.400 but understanding a professionals routine shows us how they achieve 0:10:20.440 --> 0:10:24.680 their success little by little, day after day. It's like 0:10:24.720 --> 0:10:27.520 banking with P and C Bank. It might seem boring 0:10:27.559 --> 0:10:30.360 to save, plan and make calculated decisions with your bank, 0:10:30.840 --> 0:10:33.280 but keeping your money boring is what helps you live 0:10:33.400 --> 0:10:37.439 a more happily fulfilled life. P and C Bank Brilliantly 0:10:37.520 --> 0:10:42.080 Boring since eighteen sixty five. Brilliantly Boring since eighteen sixty 0:10:42.120 --> 0:10:45.400 five is a service mark of the PNC Financial Service Group, Inc. 0:10:45.840 --> 0:10:49.240 P and C Bank National Association Member FDIC. 0:10:51.000 --> 0:10:54.679 An illegal alien from Guatemala charged with raping a child 0:10:54.720 --> 0:10:58.520 in Massachusetts. An MS thirteen gang member from El Salvador 0:10:58.760 --> 0:11:02.880 accused of murdering a Texas. Man of Venezuelan charged with 0:11:02.960 --> 0:11:06.840 filming and selling child pornography in Michigan. These are just 0:11:06.960 --> 0:11:10.720 some of the heinous migrant criminals caught because of President 0:11:10.760 --> 0:11:11.160 Donald J. 0:11:11.280 --> 0:11:12.199 Trump's leadership. 0:11:12.520 --> 0:11:16.120 I'm Christy Noman, the United States Secretary of Homeland Security. 0:11:16.440 --> 0:11:20.200 Under President Trump, attempted illegal border crossings are at the 0:11:20.240 --> 0:11:24.120 lowest levels ever recorded, and over one hundred thousand illegal 0:11:24.160 --> 0:11:27.960 aliens have been arrested. If you are here illegally, your 0:11:28.080 --> 0:11:31.400 next you will be fine nearly one thousand dollars a day, 0:11:31.559 --> 0:11:33.160 imprisoned and deported. 0:11:33.640 --> 0:11:37.040 You will never return. But if you register using our. 0:11:36.920 --> 0:11:40.520 CBP home app and leave now, you could be allowed. 0:11:40.120 --> 0:11:43.680 To return legally. Do what's right. Leave now. 0:11:44.080 --> 0:11:48.840 Under President Trump, America's laws, border and families will be protected. 0:11:48.960 --> 0:11:51.040 Sponsored by the United States Department of Homeland Security. 0:11:51.080 --> 0:11:52.720 Shot. You finish your point. 0:11:55.080 --> 0:11:58.760 So that's that's the next move. That's the next move. 0:11:58.880 --> 0:12:01.160 Let's see how this works out. Let's see let's see 0:12:01.200 --> 0:12:04.720 the companies. Everybody knows the companies. That's that's currently in 0:12:04.840 --> 0:12:06.760 the league. Let's sit back. 0:12:08.200 --> 0:12:10.960 Yeah, I made a thread, which is weird to say, 0:12:10.960 --> 0:12:14.160 but I'm like I wouldh they would have integrated AI 0:12:14.360 --> 0:12:17.080 into the roll out of the product so you can 0:12:17.120 --> 0:12:19.240 automate your threads and it creates for you. 0:12:19.240 --> 0:12:21.240 God hit me. On DM who. 0:12:21.040 --> 0:12:23.199 Worked at Meta, he was like, slow roll, they'll be 0:12:23.200 --> 0:12:25.760 out in three or four months. Going to your point, 0:12:25.880 --> 0:12:28.880 like they are the AI that they have acquired and built, 0:12:29.559 --> 0:12:31.559 They're slowly going to deploy that in about three or 0:12:31.559 --> 0:12:34.440 four months, and it's going to put a pressure. Even 0:12:34.600 --> 0:12:36.320 like that, I'm going to say it now with the 0:12:36.360 --> 0:12:40.200 exception of open AI, and for all of you who 0:12:40.200 --> 0:12:42.680 work in tech, I'm talking about like bigger valuations that 0:12:42.760 --> 0:12:46.000 get integrated into enterprise because the biggest move for AI 0:12:46.080 --> 0:12:49.280 is going to be enterprise software to sell business products 0:12:49.440 --> 0:12:53.199 and then healthcare after that. Yeah, I think Metal will 0:12:53.200 --> 0:12:58.240 take the lead and using it for Instagram, What's app, 0:12:59.160 --> 0:13:00.520 and they're going to make a hard push on a 0:13:00.559 --> 0:13:03.040 consumer and enterprise sales side and What's happed to be 0:13:03.040 --> 0:13:05.160 able to do business there with the use of AI 0:13:05.200 --> 0:13:07.680 as well. So that'll be interesting to look out for. 0:13:07.760 --> 0:13:10.000 But I've always said the biggest businesses on Earth, with 0:13:10.040 --> 0:13:14.760 the biggest market caps, with the biggest net profit are 0:13:14.800 --> 0:13:17.520 gonna buy all of the products that matter the most 0:13:17.720 --> 0:13:21.120 to extend their lifespan. So this is a hell of 0:13:21.160 --> 0:13:23.959 a turnaround for them, but a great lesson as well 0:13:24.000 --> 0:13:28.480 in business to stop giving a competitor a reason to 0:13:28.559 --> 0:13:30.720 take you down. I think if Elon would have just 0:13:30.760 --> 0:13:34.160 minded his business and not said anything to Zuckerberg, Zuckerberg 0:13:34.240 --> 0:13:36.560 may focused on Oculus and I do it all the time, 0:13:36.640 --> 0:13:38.480 like I hate that I'm wired this way. I know 0:13:38.520 --> 0:13:41.560 it's a trauma responsible when anyone says anything bad about me, 0:13:41.640 --> 0:13:43.880 I'm like, let me take all your criticism and let 0:13:43.960 --> 0:13:44.920 me make a product out of it. 0:13:45.800 --> 0:13:46.760 Come to invest Us. 0:13:46.760 --> 0:13:48.480 We are going to have one of the greatest talks 0:13:48.480 --> 0:13:51.000 on investing and trading ever. I can't announce who I'm 0:13:51.000 --> 0:13:55.120 gonna be on stage, Rich Paul gonna be there and 0:13:55.320 --> 0:13:57.800 every Terrence J to be. 0:14:00.080 --> 0:14:00.840 Can't wait till I. 0:14:02.360 --> 0:14:05.480 Breaking news thing to breaking news. The breaking news has 0:14:05.480 --> 0:14:07.360 already been made. I'm just waiting to release it. You know, 0:14:07.360 --> 0:14:10.000 we gotta practice patience. But the most important thing in 0:14:10.080 --> 0:14:12.880 business is being very vertically integrated. Rest in peace to 0:14:12.960 --> 0:14:17.199 Nipsey Hustle wearing a Crenshaw shirt And I actually made 0:14:17.440 --> 0:14:21.240 a tweet about this and I put it on threads also. 0:14:21.880 --> 0:14:24.880 And it's one of these things that's kind of a riddle. 0:14:25.160 --> 0:14:27.400 But if you're able to figure it out, then maybe 0:14:27.440 --> 0:14:31.320 you two at one point in time can potentially earn 0:14:31.360 --> 0:14:34.600 your leisure, because that's something that we're all striving to do. 0:14:35.000 --> 0:14:38.640 So here's here's the tweet that I that I made 0:14:38.680 --> 0:14:41.920 about this tweet thread. I made a thread, but I 0:14:41.960 --> 0:14:43.360 accidentally erased it. 0:14:43.960 --> 0:14:46.880 What's the verbal we call the thread? Are they just threads? 0:14:47.880 --> 0:14:51.920 So vertical integration is the cheat code. Build one house 0:14:52.280 --> 0:14:54.880 with a lot of rooms and lock the doors from 0:14:54.920 --> 0:14:58.920 the inside so no one can leave. Make the rooms 0:14:58.960 --> 0:15:01.880 have everything, so on one wants to leave. Figure that 0:15:01.920 --> 0:15:04.240 out and you'll be rich. And that's exactly. 0:15:03.920 --> 0:15:06.960 What again, hold on that second bar. What's so important? 0:15:07.600 --> 0:15:15.720 Okay, let me read this. Let me read vertical integration 0:15:16.040 --> 0:15:20.120 is the cheeico. Build one big house with a lot 0:15:20.160 --> 0:15:24.160 of rooms and lock the door from the inside so 0:15:24.240 --> 0:15:28.000 no one can leave. Make the rooms have everything so 0:15:28.080 --> 0:15:31.200 no one wants to leave. Figure that out and you'll 0:15:31.240 --> 0:15:34.680 be rich. And the company has done that. The best 0:15:34.720 --> 0:15:37.560 is Apple, where they literally have created a universe inside 0:15:37.560 --> 0:15:42.080 their phone. And in the phone, they have music, they 0:15:42.120 --> 0:15:44.400 have the app store, they have all of the social 0:15:44.400 --> 0:15:48.880 media apps, they have the videos and the pictures. Try 0:15:48.920 --> 0:15:52.360 to leave, Try to leave and get a Samsung. You 0:15:52.400 --> 0:15:56.880 can't transfer, you can't transfer your Apple Music, won't transfer 0:15:57.360 --> 0:16:00.480 your pictures, you have issues with your pictures, You have 0:16:00.520 --> 0:16:03.360 all kinds of stuff, right, So they literally have built 0:16:03.400 --> 0:16:09.120 such an ecosystem and created a euphoria for you inside 0:16:09.120 --> 0:16:10.600 your phone that you don't have to leave. 0:16:10.640 --> 0:16:11.080 You really don't. 0:16:11.120 --> 0:16:13.480 You never have to leave your phone because everything is 0:16:14.120 --> 0:16:16.920 in your phone. But if you ever do try to leave, 0:16:17.000 --> 0:16:19.440 it's going to be tremendously difficult. You're gonna you're gonna 0:16:19.440 --> 0:16:22.480 literally start from the beginning, and who wants to do that? No, 0:16:23.520 --> 0:16:28.840 Meta is creating a tremendous house with a variety of 0:16:28.840 --> 0:16:32.520 different rooms. WhatsApp is still not fully appreciated by people 0:16:32.520 --> 0:16:35.200 in America, but overseas they use it tremendously. 0:16:36.200 --> 0:16:38.120 Yeah, it's the way to communicate. 0:16:37.880 --> 0:16:41.280 To communicate, So that's that's that's the communication arm. Of course, 0:16:41.320 --> 0:16:44.960 you have Instagram as everything. When it comes to just 0:16:45.120 --> 0:16:49.280 you know, social engagement. Now they've created this threads thing, 0:16:49.320 --> 0:16:51.840 which is you know, quick real time type of you know, 0:16:51.960 --> 0:16:55.200 random thoughts. News feed with Twitter is designed to be 0:16:55.280 --> 0:16:58.400 with just a better version. So when you have all 0:16:58.440 --> 0:17:00.400 of these people, who's who's using one of the apps? 0:17:00.560 --> 0:17:03.600 Everybody's using at least one of their apps multiple times 0:17:03.640 --> 0:17:05.239 during the course of the day. So when they roll 0:17:05.320 --> 0:17:09.439 out artificial intelligence, they already have the user base. So 0:17:10.240 --> 0:17:13.119 not only do you integrate artificial intelligence into all of 0:17:13.119 --> 0:17:15.800 the apps as well, maybe they create their own artificial 0:17:15.800 --> 0:17:19.439 intelligence app similar to a chat GBT but powered by 0:17:19.480 --> 0:17:22.719 meta right where now it's already a trusted brand you 0:17:22.720 --> 0:17:25.399 can push just like how they pushed everybody over to threads. 0:17:25.480 --> 0:17:30.159 You just push everybody over here. They're in They're in 0:17:30.200 --> 0:17:36.359 a tremendously good position to really take advantage of this 0:17:36.880 --> 0:17:40.159 technology because they have the most important thing, which is 0:17:40.200 --> 0:17:43.919 the customers. They already have the customers, they have them hooked. 0:17:44.119 --> 0:17:46.240 And the more the more things that they just keep 0:17:46.320 --> 0:17:48.800 rolling out, the harder it is. It's like a web. 0:17:49.840 --> 0:17:53.360 It's harder to leave the web. More advanced the web gets, 0:17:53.560 --> 0:17:56.239 so they just keep hooking you in the web, and 0:17:57.000 --> 0:17:59.760 before you know it, you're in a cocoon. You can't 0:17:59.760 --> 0:17:59.920 get it. 0:18:00.440 --> 0:18:03.159 And even if they like think about that, like like 0:18:03.200 --> 0:18:06.640 sometimes you switch or you create another business or company, 0:18:06.840 --> 0:18:09.640 you worry about the retention rate that will happen. Even 0:18:09.680 --> 0:18:17.000 at a ten percent retention rate, three billion people think 0:18:17.040 --> 0:18:20.479 you mean you're you're so far ahead. Yeah, it's just 0:18:20.760 --> 0:18:23.080 it's a tough help you about. It's crazy what you 0:18:23.119 --> 0:18:25.080 just explained. It was when I was trying to explain 0:18:25.119 --> 0:18:27.320 this to kids. You ever seen record Ralph breaks the Internet? 0:18:27.760 --> 0:18:27.960 Movie? 0:18:28.720 --> 0:18:30.679 Literally like, that's exactly what you just sprayed in the 0:18:30.680 --> 0:18:33.119 picture in the work form, but they have the picture 0:18:33.160 --> 0:18:35.119 form of the video. How to explain it. That's what 0:18:35.200 --> 0:18:37.760 the Internet becomes. It's this place where it's like, all right, 0:18:37.840 --> 0:18:40.040 well you can't leave, do you want to leave? And 0:18:40.080 --> 0:18:42.879 when you go into a room you're so in neighborybody, 0:18:42.960 --> 0:18:45.320 You're like, wait, this is great. This is a whole 0:18:45.320 --> 0:18:47.280 new world and there's just so many worlds inside of it. 0:18:47.560 --> 0:18:48.160 But it's interesting. 0:18:48.200 --> 0:18:52.600 I mean, it's one of these things you you can't compete. 0:18:52.520 --> 0:18:54.439 When you don't know where your advantage is going to be. 0:18:54.880 --> 0:18:57.399 M and I don't. I can't see it. 0:18:57.680 --> 0:19:00.199 And it's going to be tough for anybody to to 0:19:00.280 --> 0:19:03.000 try to with that user base with even a tempercent 0:19:03.080 --> 0:19:05.560 retention rate, which they'll probably have way more than that. 0:19:05.640 --> 0:19:07.359 But I'm not sure where you get that from. 0:19:07.400 --> 0:19:09.359 We'll see, well, Manta situation, and. 0:19:09.400 --> 0:19:11.880 Really my last point on Elon two for all the entrepreneurs. 0:19:11.920 --> 0:19:13.640 It's a really good lesson to focus on what you're 0:19:13.640 --> 0:19:17.720 great at. I would not compete against a person who 0:19:17.760 --> 0:19:19.760 is better in their lane than what I'm great at. 0:19:19.840 --> 0:19:23.199 If he would have just focused on Starlink, which can 0:19:23.240 --> 0:19:26.160 be an amazing product space that's in Tesla, he wouldn't 0:19:26.200 --> 0:19:28.600 have this issue. He got into a social media war 0:19:29.119 --> 0:19:33.400 with a person who stole an empire from his friends 0:19:33.440 --> 0:19:36.560 and didn't give a damn. That's a war you can't win. 0:19:36.680 --> 0:19:39.760 I'm not going to go get no rap battle with Simba. 0:19:39.880 --> 0:19:42.680 I can dust off whatever notebook I have from ninth grade. 0:19:42.880 --> 0:19:45.160 It's not going to work. You have to learn what 0:19:45.200 --> 0:19:47.879 wars you can fight and win. And the ultimate lesson 0:19:47.920 --> 0:19:50.280 we have to learn here. Arrogance usually leads to. 0:19:50.359 --> 0:19:54.040 An illegal alien from Guatemala charged with raping a child 0:19:54.040 --> 0:19:57.879 in Massachusetts, an MS thirteen gang member from El Salvador 0:19:58.119 --> 0:20:02.240 accused of murdering a Texas man of Venezuelan charged with 0:20:02.320 --> 0:20:06.199 filming and selling child pornography in Michigan. These are just 0:20:06.280 --> 0:20:10.080 some of the heinous migrant criminals caught because of President 0:20:10.080 --> 0:20:10.520 Donald J. 0:20:10.600 --> 0:20:12.920 Trump's leadership. I'm Christy nom. 0:20:12.920 --> 0:20:16.840 The United States Secretary of Homeland Security. Under President Trump, 0:20:17.119 --> 0:20:21.400 attempted illegal border crossings are at the lowest levels ever recorded, 0:20:21.720 --> 0:20:24.760