Speaker 1: An illegal alien from Guatemala charged with raping a child
Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
Speaker 1: accused of murdering a Texas man of Venezuelan charged with
Speaker 1: filming and selling child pornography in Michigan. These are just
Speaker 1: some of the heinous migrant criminals caught because of President
Speaker 1: Donald J.
Speaker 2: Trump's leadership.
Speaker 1: I'm Christy nom the United States Secretary of Homeland Security.
Speaker 1: Under President Trump, attempted illegal border crossings are at the
Speaker 1: lowest levels ever recorded, and over one hundred thousand illegal
Speaker 1: aliens have been arrested. If you are here illegally, your
Speaker 1: next you will be fined nearly one thousand dollars a day, imprisoned,
Speaker 1: and deported.
Speaker 2: You will never return.
Speaker 1: But if you register using our CBP home app and
Speaker 1: leave now, you could be allowed to return legally.
Speaker 2: Do what's right. Leave now.
Speaker 1: Under President Trump, America's laws, border and families will be protected.
Speaker 3: Sponsored by the United States Department of Homeland Security.
Speaker 4: We'll talk about the stock. Twitter obviously is not a
Speaker 4: publicly traded company, so we don't talk about their stock,
Speaker 4: but Meta is metas stock, hovering around two hundred and
Speaker 4: ninety dollars a share, something that nobody really saw coming
Speaker 4: fifty two week low eighty eight dollars, So it had
Speaker 4: a very tough, tough run. It was riding high three
Speaker 4: hundred and seventy eight dollars. I think it peaked that
Speaker 4: in two thousand and September twenty twenty one, then had
Speaker 4: just dropped off the cliff, went from three hundred and
Speaker 4: seventy eight dollars all the way down to eighty eight dollars,
Speaker 4: but since then has rebounded to two hundred and ninety
Speaker 4: almost three hundred dollars. So how far can we expect
Speaker 4: this to ride up? And it's a pretty miraculous, miraculous
Speaker 4: comeback story. And once again it's one of these things
Speaker 4: where the eye test sometimes you just get a gut
Speaker 4: feeling about things. I'm not really you know, when I
Speaker 4: said that Meta was head to stay, I didn't. I
Speaker 4: didn't based off a pe ratio or you know, candlesticks.
Speaker 4: I just know I know the culture, and I said,
Speaker 4: people are still addicted to Instagram, and I know how
Speaker 4: valuable that is, and I know how hard that is
Speaker 4: to break, and they've integrated vertically, and it just seemed
Speaker 4: like it's too big to.
Speaker 3: Fail, but mirror.
Speaker 5: If they would have held off a Metaverse for three
Speaker 5: more years, you think they would eventually fail.
Speaker 4: Yeah. Probably, But they've got to cut the bleeding. Got
Speaker 4: to stop the bleeding's and that's a sign of leadership
Speaker 4: when knowing when to say, Okay, I tried something, it
Speaker 4: didn't work. Yep, let's pull the plug. So is this
Speaker 4: is this stock price going to continue to go out?
Speaker 5: Yeah, as long as they don't reinvest into Metaverse. They
Speaker 5: haven't started to monetize Threads normally. At a billion, billion five,
Speaker 5: it is on like the throttling of the post. So
Speaker 5: for everyone on Threads, you better use this. At the
Speaker 5: rate they're growing, you better use this tough for the
Speaker 5: next thirty to ninety days because once they cross a
Speaker 5: billion and Adam starts posting about it on his Instagram,
Speaker 5: that's when the ad.
Speaker 6: Platform part is going to come in. Cut shou out
Speaker 6: to my buddy Dave.
Speaker 5: He was telling me, like, I think at like a
Speaker 5: billion five, they'll start to monetize it and you'll see ads.
Speaker 5: I'm interested to see how they integrate the ads on
Speaker 5: the platform.
Speaker 6: But if she'll push up.
Speaker 5: To three point fifty calls for reversal, cutting the metaverse,
Speaker 5: cutting of expenses, and on the on the talent and
Speaker 5: the employee side. And then they start green lighting some
Speaker 5: projects like threads is they knew that they've only from
Speaker 5: what I was told on the inside, They've only been
Speaker 5: working on this for.
Speaker 7: Five months, so I said five months.
Speaker 5: Yeah, so I know people want to clip it up,
Speaker 5: like yo, Ean, what's wrong about Metal?
Speaker 6: No?
Speaker 5: I said, the death of Facebook was coming two years ago.
Speaker 5: They changed the name. They died, They almost died with
Speaker 5: the metaverse they changed. I'm telling you as a person
Speaker 5: who has had conversations with people inside of the building,
Speaker 5: inside of the Metal and said these same things. And
Speaker 5: as soon as I'll set you guys need to copy
Speaker 5: and clone something else. I'm not taking credit for it.
Speaker 5: They were like, you're right. They got back to basics.
Speaker 5: And sometimes in business, you can have a great media
Speaker 5: property or great business, but if your expenses are higher
Speaker 5: than what you are bringing in, it is a recipe
Speaker 5: that you cannot up market.
Speaker 6: They changed the course of stock. You could get to
Speaker 6: three fifty.
Speaker 5: They are part of the Big seven that the hedge
Speaker 5: funds are promoting, so capital kind of has to flow there.
Speaker 6: And if you think about it.
Speaker 5: He is kind of like the Rupert Murdoch of social media,
Speaker 5: where he's like aggregated all of the biggest business media
Speaker 5: businesses like into one, and they're supposed to have monetization
Speaker 5: coming out worldwide on what's at by December. So but
Speaker 5: by then it should push it up to probably three
Speaker 5: point fifty at that time.
Speaker 7: This is a story of patients like in yeah, well,
Speaker 7: I mean because even then it was like the thought
Speaker 7: of the metaverse was the news. So I mean, I
Speaker 7: had like a call for meta at three twenty and
Speaker 7: this is like in April of twenty one, like January
Speaker 7: of twenty twenty four. So I'm watching, like you know,
Speaker 7: this is one of those things you watch you take
Speaker 7: profit when it goes up to three seventy eight and
Speaker 7: then you leave some, and so I left some and
Speaker 7: then we saw what happened went down to one on nine,
Speaker 7: and so this climb back is like in the portfolio,
Speaker 7: It's one of those things it's like, oh, this is great,
Speaker 7: this is great, this this is the powered patients. So yeah,
Speaker 7: I definitely see it getting to three ten, three fifteen.
Speaker 8: Three fifty. When do you say that by next like
Speaker 8: December or like when are.
Speaker 5: We thinking, probably butt like January December January, like if
Speaker 5: they say the course keep costs down, because now they
Speaker 5: are starting. And also like if you guys think the
Speaker 5: rat war is interesting, those billionaire battles behind the scenes
Speaker 5: are different.
Speaker 6: So now you're seeing a sway like.
Speaker 5: You can go to like gourgle for because I have
Speaker 5: no affiliation with them, I don't making money on the
Speaker 5: back end, but you can go look and see the
Speaker 5: hedge funds are now back in favor of matter like Rashat,
Speaker 5: like candles don't matter long term, what really mattered, Like
Speaker 5: candlesticks are technically just the fundamental prices on the screen.
Speaker 5: I said that with the episode with Josh Brown, please
Speaker 5: tune into that here on market Moneys. I think he's
Speaker 5: been on twice and then when jac was on, but
Speaker 5: the fundamentals got better. So as a result, the stock
Speaker 5: price improved, and we're seeing that as long as they
Speaker 5: keep these costs down. I do like the Oculus pro devices,
Speaker 5: but as long as they stay away from developing the metaverse,
Speaker 5: which and I'm gonna be very honest, I'll talk about
Speaker 5: what I said when I was there last. You need
Speaker 5: to let somebody else develop the metaverse and then go
Speaker 5: steal that. Go let PlayStation or Minecraft or Roadblocks or
Speaker 5: somebody go develop the metaverse or Fortnite or somebody steal
Speaker 5: develop it, and then you take it and then deploy it. Oftentimes,
Speaker 5: when you're trying to build a platform or a desire
Speaker 5: or need in the marketplace, you end up falling flat
Speaker 5: in your face. They need to let somebody else build it,
Speaker 5: and then they end up developing on top of it.
Speaker 7: When you think about it, that I mean he deviated
Speaker 7: from his strategy along right, rather than creating the platform right,
Speaker 7: the strategy has been see what's working it may modificate
Speaker 7: modifications to enhance it, to make it better.
Speaker 4: When you when you.
Speaker 7: Try to do the metaverse, it didn't work. And what
Speaker 7: happened was the ridicule. Right when we thought about the metaphors,
Speaker 7: we thought about this place, he turned his company into
Speaker 7: that place, which kind of turned off a bunch of CEOs,
Speaker 7: and bedroom happens. They're like, wait, I don't want to
Speaker 7: invest in what he's doing. We can make our own thing.
Speaker 7: It's kind of backfy him, and so that deviation kind
Speaker 7: of cost him.
Speaker 4: Right stop, that's what they're doing next? Ye what they're
Speaker 4: doing next. That's that's the next one. That's the next one.
Speaker 5: Apple does the same thing all the time, Like I say,
Speaker 5: all the time, I love Apple as a company. Samsung
Speaker 5: probably has had a better phone for the last thirteen years.
Speaker 5: The ecosystem is immaculatem But what does Apple do there
Speaker 5: all wait to see all the features come out from
Speaker 5: every phone. They'll find a way to slowly in to
Speaker 5: greate that into the iPhone that I had.
Speaker 7: And we had a conversation this weekend and we talk
Speaker 7: about motes, and it's interesting. It was like sometimes the
Speaker 7: opposite uh spectrum of the mote is that sometimes businesses
Speaker 7: will put you on your own note and you're by
Speaker 7: yourself isolated to.
Speaker 8: The point where you can't work right.
Speaker 7: And so like when they looked at the metaverse, I
Speaker 7: felt like they made it its own mote, Like, all right,
Speaker 7: that's his thing.
Speaker 8: We don't have. There's no competitive advantage, the competitive avantages
Speaker 8: that it's just his.
Speaker 4: Yeah, but that's what they're doing next, That's that's what
Speaker 4: they're the metaverse move. No, which so you had mentioned
Speaker 4: you said they should have let somebody else, Oh yeah,
Speaker 4: metaverse and then copy the metaverse thing. Hasn't really worked out,
Speaker 4: so I don't think that. But what are people doing
Speaker 4: right now? What's the hottest topic in the last six months?
Speaker 8: You're talking about AI?
Speaker 4: I'm asking a questioner that your yes, okay, yeah, even
Speaker 4: deployed that.
Speaker 8: Oh go ahead, earners, what's up?
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Speaker 1: An illegal alien from Guatemala charged with raping a child
Speaker 1: in Massachusetts. An MS thirteen gang member from El Salvador
Speaker 1: accused of murdering a Texas. Man of Venezuelan charged with
Speaker 1: filming and selling child pornography in Michigan. These are just
Speaker 1: some of the heinous migrant criminals caught because of President
Speaker 1: Donald J.
Speaker 2: Trump's leadership.
Speaker 1: I'm Christy Noman, the United States Secretary of Homeland Security.
Speaker 1: Under President Trump, attempted illegal border crossings are at the
Speaker 1: lowest levels ever recorded, and over one hundred thousand illegal
Speaker 1: aliens have been arrested. If you are here illegally, your
Speaker 1: next you will be fine nearly one thousand dollars a day,
Speaker 1: imprisoned and deported.
Speaker 2: You will never return. But if you register using our.
Speaker 1: CBP home app and leave now, you could be allowed.
Speaker 2: To return legally. Do what's right. Leave now.
Speaker 1: Under President Trump, America's laws, border and families will be protected.
Speaker 3: Sponsored by the United States Department of Homeland Security.
Speaker 6: Shot. You finish your point.
Speaker 4: So that's that's the next move. That's the next move.
Speaker 4: Let's see how this works out. Let's see let's see
Speaker 4: the companies. Everybody knows the companies. That's that's currently in
Speaker 4: the league. Let's sit back.
Speaker 5: Yeah, I made a thread, which is weird to say,
Speaker 5: but I'm like I wouldh they would have integrated AI
Speaker 5: into the roll out of the product so you can
Speaker 5: automate your threads and it creates for you.
Speaker 6: God hit me. On DM who.
Speaker 5: Worked at Meta, he was like, slow roll, they'll be
Speaker 5: out in three or four months. Going to your point,
Speaker 5: like they are the AI that they have acquired and built,
Speaker 5: They're slowly going to deploy that in about three or
Speaker 5: four months, and it's going to put a pressure. Even
Speaker 5: like that, I'm going to say it now with the
Speaker 5: exception of open AI, and for all of you who
Speaker 5: work in tech, I'm talking about like bigger valuations that
Speaker 5: get integrated into enterprise because the biggest move for AI
Speaker 5: is going to be enterprise software to sell business products
Speaker 5: and then healthcare after that. Yeah, I think Metal will
Speaker 5: take the lead and using it for Instagram, What's app,
Speaker 5: and they're going to make a hard push on a
Speaker 5: consumer and enterprise sales side and What's happed to be
Speaker 5: able to do business there with the use of AI
Speaker 5: as well. So that'll be interesting to look out for.
Speaker 5: But I've always said the biggest businesses on Earth, with
Speaker 5: the biggest market caps, with the biggest net profit are
Speaker 5: gonna buy all of the products that matter the most
Speaker 5: to extend their lifespan. So this is a hell of
Speaker 5: a turnaround for them, but a great lesson as well
Speaker 5: in business to stop giving a competitor a reason to
Speaker 5: take you down. I think if Elon would have just
Speaker 5: minded his business and not said anything to Zuckerberg, Zuckerberg
Speaker 5: may focused on Oculus and I do it all the time,
Speaker 5: like I hate that I'm wired this way. I know
Speaker 5: it's a trauma responsible when anyone says anything bad about me,
Speaker 5: I'm like, let me take all your criticism and let
Speaker 5: me make a product out of it.
Speaker 6: Come to invest Us.
Speaker 5: We are going to have one of the greatest talks
Speaker 5: on investing and trading ever. I can't announce who I'm
Speaker 5: gonna be on stage, Rich Paul gonna be there and
Speaker 5: every Terrence J to be.
Speaker 6: Can't wait till I.
Speaker 4: Breaking news thing to breaking news. The breaking news has
Speaker 4: already been made. I'm just waiting to release it. You know,
Speaker 4: we gotta practice patience. But the most important thing in
Speaker 4: business is being very vertically integrated. Rest in peace to
Speaker 4: Nipsey Hustle wearing a Crenshaw shirt And I actually made
Speaker 4: a tweet about this and I put it on threads also.
Speaker 4: And it's one of these things that's kind of a riddle.
Speaker 4: But if you're able to figure it out, then maybe
Speaker 4: you two at one point in time can potentially earn
Speaker 4: your leisure, because that's something that we're all striving to do.
Speaker 4: So here's here's the tweet that I that I made
Speaker 4: about this tweet thread. I made a thread, but I
Speaker 4: accidentally erased it.
Speaker 8: What's the verbal we call the thread? Are they just threads?
Speaker 4: So vertical integration is the cheat code. Build one house
Speaker 4: with a lot of rooms and lock the doors from
Speaker 4: the inside so no one can leave. Make the rooms
Speaker 4: have everything, so on one wants to leave. Figure that
Speaker 4: out and you'll be rich. And that's exactly.
Speaker 6: What again, hold on that second bar. What's so important?
Speaker 4: Okay, let me read this. Let me read vertical integration
Speaker 4: is the cheeico. Build one big house with a lot
Speaker 4: of rooms and lock the door from the inside so
Speaker 4: no one can leave. Make the rooms have everything so
Speaker 4: no one wants to leave. Figure that out and you'll
Speaker 4: be rich. And the company has done that. The best
Speaker 4: is Apple, where they literally have created a universe inside
Speaker 4: their phone. And in the phone, they have music, they
Speaker 4: have the app store, they have all of the social
Speaker 4: media apps, they have the videos and the pictures. Try
Speaker 4: to leave, Try to leave and get a Samsung. You
Speaker 4: can't transfer, you can't transfer your Apple Music, won't transfer
Speaker 4: your pictures, you have issues with your pictures, You have
Speaker 4: all kinds of stuff, right, So they literally have built
Speaker 4: such an ecosystem and created a euphoria for you inside
Speaker 4: your phone that you don't have to leave.
Speaker 6: You really don't.
Speaker 4: You never have to leave your phone because everything is
Speaker 4: in your phone. But if you ever do try to leave,
Speaker 4: it's going to be tremendously difficult. You're gonna you're gonna
Speaker 4: literally start from the beginning, and who wants to do that? No,
Speaker 4: Meta is creating a tremendous house with a variety of
Speaker 4: different rooms. WhatsApp is still not fully appreciated by people
Speaker 4: in America, but overseas they use it tremendously.
Speaker 8: Yeah, it's the way to communicate.
Speaker 4: To communicate, So that's that's that's the communication arm. Of course,
Speaker 4: you have Instagram as everything. When it comes to just
Speaker 4: you know, social engagement. Now they've created this threads thing,
Speaker 4: which is you know, quick real time type of you know,
Speaker 4: random thoughts. News feed with Twitter is designed to be
Speaker 4: with just a better version. So when you have all
Speaker 4: of these people, who's who's using one of the apps?
Speaker 4: Everybody's using at least one of their apps multiple times
Speaker 4: during the course of the day. So when they roll
Speaker 4: out artificial intelligence, they already have the user base. So
Speaker 4: not only do you integrate artificial intelligence into all of
Speaker 4: the apps as well, maybe they create their own artificial
Speaker 4: intelligence app similar to a chat GBT but powered by
Speaker 4: meta right where now it's already a trusted brand you
Speaker 4: can push just like how they pushed everybody over to threads.
Speaker 4: You just push everybody over here. They're in They're in
Speaker 4: a tremendously good position to really take advantage of this
Speaker 4: technology because they have the most important thing, which is
Speaker 4: the customers. They already have the customers, they have them hooked.
Speaker 4: And the more the more things that they just keep
Speaker 4: rolling out, the harder it is. It's like a web.
Speaker 4: It's harder to leave the web. More advanced the web gets,
Speaker 4: so they just keep hooking you in the web, and
Speaker 4: before you know it, you're in a cocoon. You can't
Speaker 4: get it.
Speaker 7: And even if they like think about that, like like
Speaker 7: sometimes you switch or you create another business or company,
Speaker 7: you worry about the retention rate that will happen. Even
Speaker 7: at a ten percent retention rate, three billion people think
Speaker 7: you mean you're you're so far ahead. Yeah, it's just
Speaker 7: it's a tough help you about. It's crazy what you
Speaker 7: just explained. It was when I was trying to explain
Speaker 7: this to kids. You ever seen record Ralph breaks the Internet?
Speaker 6: Movie?
Speaker 7: Literally like, that's exactly what you just sprayed in the
Speaker 7: picture in the work form, but they have the picture
Speaker 7: form of the video. How to explain it. That's what
Speaker 7: the Internet becomes. It's this place where it's like, all right,
Speaker 7: well you can't leave, do you want to leave? And
Speaker 7: when you go into a room you're so in neighborybody,
Speaker 7: You're like, wait, this is great. This is a whole
Speaker 7: new world and there's just so many worlds inside of it.
Speaker 8: But it's interesting.
Speaker 7: I mean, it's one of these things you you can't compete.
Speaker 8: When you don't know where your advantage is going to be.
Speaker 8: M and I don't. I can't see it.
Speaker 7: And it's going to be tough for anybody to to
Speaker 7: try to with that user base with even a tempercent
Speaker 7: retention rate, which they'll probably have way more than that.
Speaker 8: But I'm not sure where you get that from.
Speaker 4: We'll see, well, Manta situation, and.
Speaker 5: Really my last point on Elon two for all the entrepreneurs.
Speaker 5: It's a really good lesson to focus on what you're
Speaker 5: great at. I would not compete against a person who
Speaker 5: is better in their lane than what I'm great at.
Speaker 5: If he would have just focused on Starlink, which can
Speaker 5: be an amazing product space that's in Tesla, he wouldn't
Speaker 5: have this issue. He got into a social media war
Speaker 5: with a person who stole an empire from his friends
Speaker 5: and didn't give a damn. That's a war you can't win.
Speaker 5: I'm not going to go get no rap battle with Simba.
Speaker 5: I can dust off whatever notebook I have from ninth grade.
Speaker 5: It's not going to work. You have to learn what
Speaker 5: wars you can fight and win. And the ultimate lesson
Speaker 5: we have to learn here. Arrogance usually leads to.
Speaker 1: An illegal alien from Guatemala charged with raping a child
Speaker 1: in Massachusetts, an MS thirteen gang member from El Salvador
Speaker 1: accused of murdering a Texas man of Venezuelan charged with
Speaker 1: filming and selling child pornography in Michigan. These are just
Speaker 1: some of the heinous migrant criminals caught because of President
Speaker 1: Donald J.
Speaker 2: Trump's leadership. I'm Christy nom.
Speaker 1: The United States Secretary of Homeland Security. Under President Trump,
Speaker 1: attempted illegal border crossings are at the lowest levels ever recorded,
Speaker 1: and over one hundred thousand illegal aliens have been arrested.
Speaker 1: If you are here illegally, your next you will be
Speaker 1: fine nearly one thousand dollars a day, imprisoned, and deported.
Speaker 2: You will never return.
Speaker 1: But if you register using our CBP home app and
Speaker 1: leave now, you could be allowed to return legally.
Speaker 2: Do what's right, leave now.
Speaker 1: Under President Trump, America's laws, border and families will be protected.
Speaker 3: Sponsored by the United States Department of Homeland Security,