WEBVTT - Cliff Notes: RECESSION PROOF & INFLATION PROOF COMPANIES

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<v Speaker 2>What is one sect all of us are looking to

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<v Speaker 2>invest in over the next year that is essentially inflation

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<v Speaker 2>proof and recession proof For.

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<v Speaker 3>Me, absolutely without a shadow of a doubt, healthcare and

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<v Speaker 3>leading player in that space.

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<v Speaker 4>Eli Lilly, I'm from Indiana.

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<v Speaker 3>I have a ton of friends that work in Indianapolis,

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<v Speaker 3>work at Lily, but anyone who is familiar, they are

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<v Speaker 3>my leading player in that space. So if we look

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<v Speaker 3>at the growth, even because there was a lot of

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<v Speaker 3>companies that did well post COVID in a healthcare space

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<v Speaker 3>but not mainly have done as well as Eli Lilly.

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<v Speaker 3>If we go back to twenty fourteen, the stock was

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<v Speaker 3>at fifty dollars and seventy eight cent. It's at three

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<v Speaker 3>hundred and seventeen dollars now and twenty seven cent. And

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<v Speaker 3>they've continuously had stable growth, stable gains and technically they've

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<v Speaker 3>had maybe one bad month since twoy and eleven. One

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<v Speaker 3>bad month, and it's it's Eli Lily is one of

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<v Speaker 3>those companies, like Tim Duncan, is underappreciated because it's not

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<v Speaker 3>the flashes. It's like, well, I don't have a cure

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<v Speaker 3>for corona in two days, and if you drink this

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<v Speaker 3>tea with this Elderberry syrup, right, They've consistently throughout shout

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<v Speaker 3>out to everybody who likes Elderberry. It helped me when

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<v Speaker 3>I had COVID. Thank you so far. But when I

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<v Speaker 3>am looking at healthcare companies that have consistent growth and

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<v Speaker 3>a stock that I never lose sleepover Eli.

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<v Speaker 4>Lily is the lead player that I would draft that

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<v Speaker 4>is inflation and recession proof.

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<v Speaker 2>Ah.

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<v Speaker 5>Man, you know what I wrote too, because I figured

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<v Speaker 5>you'd probably say healthcare, But I had healthcare.

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<v Speaker 4>And the number one reason I.

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<v Speaker 5>Wrote it was because people always going to get sick,

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<v Speaker 5>Like that's something that it doesn't matter recession and not.

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<v Speaker 5>People always going to get sick, people always going to

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<v Speaker 5>need treatment, people always going to need medicine that will

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<v Speaker 5>it doesn't matter what the financial climate is. And so

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<v Speaker 5>you have Lily on, of course, I know you would,

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<v Speaker 5>but I wrote down a few others. I had CVS

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<v Speaker 5>on there, just just the strong companies Johnson and Johnson

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<v Speaker 5>obviously five hours and so what they did and like

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<v Speaker 5>one of these slept on companies that nobody really thinks about, Walgreens, right,

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<v Speaker 5>Like people are always gonna need treatment, They're gonna need

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<v Speaker 5>their medicine, They're gonna need to get it from somewhere.

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<v Speaker 4>These are just solid companies.

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<v Speaker 5>So I had healthcare, but also had agriculture in there

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<v Speaker 5>as well, right, And I spoke about it kind of

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<v Speaker 5>on when we are at the breakfast club, like what

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<v Speaker 5>is these one of these recession proof areas and I'm like, well,

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<v Speaker 5>are we always gonna need food?

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<v Speaker 4>Yeah? And then based on the conversation, one of the

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<v Speaker 4>you know, the conversation.

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<v Speaker 5>We had as made even more evident, like I'm glad

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<v Speaker 5>this came up, and I'm like, wait, we're always gonna

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<v Speaker 5>need food, right, we should be looking at the commodities

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<v Speaker 5>or looking at companies.

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<v Speaker 4>And I spoke about it.

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<v Speaker 5>I talked about Kellogg's, I talked about Campbell, like these

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<v Speaker 5>are just steady companies that are consistent no matter the

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<v Speaker 5>economic climate, because we're always going to need food. So agriculture, healthcare.

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<v Speaker 5>I knew he was gonna say healthcare, so that's why

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<v Speaker 5>I came up with another one. But sometimes the right

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<v Speaker 5>answer is the one that we unanimously agree upon. So

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<v Speaker 5>for everyone listening, we both agreed on healthcare. Please write

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<v Speaker 5>that down.

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<v Speaker 3>If you're looking for something outside of tech that probably

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<v Speaker 3>I won't say it should be the second industry or

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<v Speaker 3>sector that you're looking to invest in for sure.

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<v Speaker 4>Right.

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<v Speaker 2>So yeah, I'll actually go a different direction with this conversation,

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<v Speaker 2>and I'm gonna give him some insight to that conversation

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<v Speaker 2>that we.

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<v Speaker 6>Had on Saturday.

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<v Speaker 2>On Sunday, hit you I'm gonna hit you out with

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<v Speaker 2>something that what Jay said, I'm hit you out with

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<v Speaker 2>some something that could change your life up. Very insightful

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<v Speaker 2>insight that was given to us about seller's market and

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<v Speaker 2>bias market. There's only there's there's two types of markets

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<v Speaker 2>in this world, sellers market in the bias market and

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<v Speaker 2>the gentleman Kaisa. So say, we'll call him who who

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<v Speaker 2>is giving us this this this talk? And you know,

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<v Speaker 2>I was talking to him and I'm like, all right,

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<v Speaker 2>you know, He's like, I only want to be in

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<v Speaker 2>in seller's market. I don't want to be in a

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<v Speaker 2>bias market.

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<v Speaker 4>What do you what do you me?

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<v Speaker 2>Like, all, let me explain it to you in the

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<v Speaker 2>way that you can probably understand. He's like, when you

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<v Speaker 2>go to a gas station, have you ever seen anybody

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<v Speaker 2>negotiate the prices of gas at the gas station? I

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<v Speaker 2>know I've never seen it before. Right, whatever it is,

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<v Speaker 2>you just pay it. He's like, like, where we live in,

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<v Speaker 2>the light company is called Connetison. Like Connetisin they give

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<v Speaker 2>you your light bill and you pay it, and if

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<v Speaker 2>you don't pay it, then they cut your lights off. Yes,

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<v Speaker 2>gas certain things that's just not negotiable and even once

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<v Speaker 2>so far they say, you know, even luxury items has

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<v Speaker 2>become a seller's market, where like Louis Vaton, you haven't

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<v Speaker 2>seen a sell rolex. You're not negotiating prices of a rolex.

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<v Speaker 2>You just buy it if you can buy. If you're

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<v Speaker 2>either you need an invitation to buy, yeah, if you're

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<v Speaker 2>even lucky enough to even get one. In reverse, the

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<v Speaker 2>seller the seller's market. The buyer's market is like a

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<v Speaker 2>flea market. So like you go to a flea market,

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<v Speaker 2>somebody has a painting for one hundred dollars, you say,

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<v Speaker 2>I got fifty dollars for you. You settle on on

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<v Speaker 2>seventy five or people, you know, you're always doing discounts

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<v Speaker 2>and different things of that nature, and fifty percent off sales,

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<v Speaker 2>stuff like that. That's more of a buyer's market because

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<v Speaker 2>now the buyer is in control. And he was saying

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<v Speaker 2>that that's not really sustainable and it's not something that

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<v Speaker 2>you want to be in as a business owner. So

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<v Speaker 2>we had a whole half an hour conversation about that,

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<v Speaker 2>and he was saying that, you know, he didn't he

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<v Speaker 2>doesn't really he's not even really a big fan of.

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<v Speaker 6>The stock market.

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<v Speaker 2>But he did say two stocks and specifically that he

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<v Speaker 2>thought were sell it with buyers with sellers market, he said,

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<v Speaker 2>selling market.

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<v Speaker 4>And which one where they were shot?

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<v Speaker 6>Please enlighten us. We may have heard of Apple, yes,

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<v Speaker 6>and Microsoft.

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<v Speaker 3>Mike right there, like put Microsoft right here? Put then yes,

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<v Speaker 3>please do.

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<v Speaker 2>So he explained. He explained why he thought that Apple

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<v Speaker 2>and Microsoft fit in that category, and he was like,

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<v Speaker 2>you know, Apple has become such a such a necessity

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<v Speaker 2>of life. He kind of compared it to He was like, no,

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<v Speaker 2>you have to like food is a necessity, transportation on

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<v Speaker 2>certain levels of necessity. Light is a necessity. He's like,

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<v Speaker 2>your cell phone has become a necessity. Yes, like it's

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<v Speaker 2>the most affordable, it's not negotiable. And especially when they

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<v Speaker 2>have when you add in all their verticals, they are

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<v Speaker 2>in a seller's market and they can constantly increase their prices.

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<v Speaker 2>They can do whatever they want, and they really have

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<v Speaker 2>no other alternative in mass to erase them. And then

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<v Speaker 2>he and then he starts talking about Microsoft as well,

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<v Speaker 2>or all of their different verticals, and he was saying

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<v Speaker 2>that they are in a seller's market.

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<v Speaker 4>Right now, what do I know but everything?

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<v Speaker 6>So I just thought that that was interesting.

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<v Speaker 2>So I say that to say, of course Apple and Microsoft,

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<v Speaker 2>but any anything that is a seller's market is where

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<v Speaker 2>you want to be and where you want to be

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<v Speaker 2>invested in, and where it's non negotiable when you have

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<v Speaker 2>to do it, where the price is only going to

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<v Speaker 2>go up over the course of time, and it's just

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<v Speaker 2>that's just what it is.

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<v Speaker 3>I imagine if there was a software company that predicted

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<v Speaker 3>what the market was going to go, gave you the

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<v Speaker 3>prices for four hedge funds did and they were more

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<v Speaker 3>accurate than Goldman Citadel Earners.

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<v Speaker 4>What's up?

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<v Speaker 7>An illegal alien from Guatemala charged with raping a child

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<v Speaker 7>some of the heinous migrant criminals caught because of President

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<v Speaker 7>Donald J. Trump's leadership. I'm Christy nom the United States

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<v Speaker 7>Secretary of Homeland Security. Under President Trump, attempted illegal border

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<v Speaker 7>crossings are at the lowest levels ever recorded, and over

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<v Speaker 7>one hundred thousand illegal aliens have been arrested. If you

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<v Speaker 7>America's laws, border and families will be protected.

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<v Speaker 4>Sponsored by the United States Department of Homeland Security.

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<v Speaker 3>Credit sweets right, what would that be worth? That is

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<v Speaker 3>the red pan of stock club. You can join this

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<v Speaker 3>for shock.

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<v Speaker 4>Put the Lincoln Byo sellers market right, because if you frame.

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<v Speaker 3>It more accurate than Kathy up there with no regrets

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<v Speaker 3>like some of the greats of all time. I mean,

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<v Speaker 3>I know four months ago, six months ago, that bitcoin

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<v Speaker 3>twenty k price sounded crazy. When it's at fifty five thousand.

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<v Speaker 3>Now people are begging to break above twenty four thousand,

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<v Speaker 3>hovering around eighteen or nineteen thousand. That is a so

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<v Speaker 3>when people even be like, well, stock Club is a

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<v Speaker 3>lot for ten grand. Every advisor that I've ever talked to,

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<v Speaker 3>they're like, if you, if I were you, I would

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<v Speaker 3>be charging ten thousand per call for the prices you're

0:11:58.559 --> 0:12:00.200
<v Speaker 3>giving sellers mark it.

0:12:01.120 --> 0:12:02.840
<v Speaker 6>Yeah, yeah, it's a seller's market.

0:12:02.960 --> 0:12:05.079
<v Speaker 2>The price what it is. Brad Panda has become a

0:12:05.120 --> 0:12:08.560
<v Speaker 2>seller's market. Invest Fest has become a seller's marketing market

0:12:09.080 --> 0:12:11.040
<v Speaker 2>because it was like even like when we was leading

0:12:11.120 --> 0:12:13.000
<v Speaker 2>up towards the Investmentest, it just every day it just

0:12:13.080 --> 0:12:14.920
<v Speaker 2>kept getting crazy and crazy, and we was worried about

0:12:15.000 --> 0:12:17.600
<v Speaker 2>capacity and how do we limit capacity?

0:12:17.720 --> 0:12:19.320
<v Speaker 6>Just raise the price? Can we raise the pride?

0:12:19.320 --> 0:12:22.200
<v Speaker 2>People still find it and the demand crew every ding

0:12:22.200 --> 0:12:25.480
<v Speaker 2>it's a different announcement, Dan Cathy and Tyler Perry and

0:12:25.800 --> 0:12:29.280
<v Speaker 2>all these people, And now it becomes there's no discounts,

0:12:29.360 --> 0:12:31.679
<v Speaker 2>not running discount for invest Fest. There's no fifty percent

0:12:31.720 --> 0:12:34.600
<v Speaker 2>off sale price is only going up because the value

0:12:34.640 --> 0:12:34.960
<v Speaker 2>is there.

0:12:35.120 --> 0:12:37.320
<v Speaker 4>The value of the brand's going up. Seller's market.

0:12:37.440 --> 0:12:40.160
<v Speaker 2>There's no alternative. So it's it's a sellers it's a

0:12:40.200 --> 0:12:42.520
<v Speaker 2>seller's mark. You've created a monopoly. Now you have a

0:12:42.520 --> 0:12:47.720
<v Speaker 2>seller's market. And yeah, no different Louisvaton seller's market.

0:12:48.080 --> 0:12:50.160
<v Speaker 5>Yeah, the key is and that's the Apple vertical is

0:12:50.160 --> 0:12:54.320
<v Speaker 5>crazy because they've created three different verticals that became its

0:12:54.320 --> 0:12:57.079
<v Speaker 5>own sellers market. So like that's the thing, Like, now

0:12:57.080 --> 0:12:59.480
<v Speaker 5>that you've become one, how do you create one inside

0:12:59.480 --> 0:13:00.040
<v Speaker 5>of it?

0:13:00.280 --> 0:13:01.760
<v Speaker 4>So, I mean, it's just a brilliant strategy.

0:13:01.760 --> 0:13:03.640
<v Speaker 2>The sellers market thing. That's one of the that's one

0:13:03.640 --> 0:13:05.160
<v Speaker 2>of the best things I've ever heard ever.

0:13:05.240 --> 0:13:05.480
<v Speaker 6>I say.

0:13:05.520 --> 0:13:07.760
<v Speaker 2>I have to say, it's like every Monday, we give

0:13:07.760 --> 0:13:10.120
<v Speaker 2>you advice, but sometimes you got to get the information

0:13:10.160 --> 0:13:12.480
<v Speaker 2>and make your own decisions. So now you have the

0:13:12.480 --> 0:13:14.920
<v Speaker 2>information about sellers marketing. Right, So now the homework for

0:13:14.960 --> 0:13:17.079
<v Speaker 2>you is to look to see what's the top seller

0:13:17.120 --> 0:13:17.920
<v Speaker 2>markets in the world.

0:13:18.440 --> 0:13:19.200
<v Speaker 6>Right? What is it?

0:13:19.320 --> 0:13:19.640
<v Speaker 4>Energy?

0:13:20.280 --> 0:13:24.240
<v Speaker 2>Is it, medicine, is it farming? Is it what is

0:13:24.280 --> 0:13:25.840
<v Speaker 2>the top seller markets in the world?

0:13:25.960 --> 0:13:26.120
<v Speaker 4>Right?

0:13:26.240 --> 0:13:29.920
<v Speaker 2>Research that and research who has the biggest market share

0:13:30.480 --> 0:13:33.440
<v Speaker 2>who are the most dominant companies. Those are probably the

0:13:33.480 --> 0:13:37.719
<v Speaker 2>companies that you want to be invested in because they

0:13:37.720 --> 0:13:40.360
<v Speaker 2>don't have any competition in the space and they have to.

0:13:40.720 --> 0:13:43.319
<v Speaker 2>Like one thing about it. Every human being has to

0:13:43.400 --> 0:13:47.480
<v Speaker 2>drink water. That's a seller's market. That's a seller's market.

0:13:47.800 --> 0:13:50.480
<v Speaker 4>Your kid's covered, but yes, label's covered.

0:13:50.720 --> 0:13:53.400
<v Speaker 2>You have to drink water, you have to eat food,

0:13:53.880 --> 0:13:56.520
<v Speaker 2>you have to have lights, you have to be able

0:13:56.559 --> 0:13:59.319
<v Speaker 2>to go places like these are all sellers markets.

0:14:00.040 --> 0:14:01.120
<v Speaker 4>Of lobbying.

0:14:02.520 --> 0:14:05.480
<v Speaker 3>Homework Assignent number two who created that there had to

0:14:05.520 --> 0:14:09.760
<v Speaker 3>be insurance for drivers and healthcare. Now you lobby your

0:14:09.840 --> 0:14:15.720
<v Speaker 3>way into insurance being mandatory, which is a seller's market,

0:14:16.000 --> 0:14:19.480
<v Speaker 3>and it is the biggest buildings in any city that

0:14:19.520 --> 0:14:22.640
<v Speaker 3>you normally go into are either banks or insurance companies.

0:14:23.080 --> 0:14:26.240
<v Speaker 4>Yeah, it did your seller's market.

0:14:26.600 --> 0:14:30.160
<v Speaker 5>The interesting thing is just like open your eyes to opportunity.

0:14:30.400 --> 0:14:32.520
<v Speaker 5>Like when you do that type of research, it's like

0:14:32.560 --> 0:14:34.160
<v Speaker 5>I used to call it like going down the rabbit hole,

0:14:34.200 --> 0:14:35.840
<v Speaker 5>and every time you went down deeper you just found

0:14:35.880 --> 0:14:36.640
<v Speaker 5>out more information.

0:14:37.080 --> 0:14:38.680
<v Speaker 4>But like really walk outside.

0:14:38.360 --> 0:14:40.480
<v Speaker 5>Like when we spoke to to kas It, we were

0:14:40.520 --> 0:14:43.800
<v Speaker 5>just he's just walking outside, just walking outside, looking at opportunity.

0:14:43.840 --> 0:14:46.680
<v Speaker 5>Every step he took he saw opportunity, and it was like, wait,

0:14:47.600 --> 0:14:49.320
<v Speaker 5>that's how we should be looking at life like this

0:14:49.480 --> 0:14:52.800
<v Speaker 5>opportunity and everything. So that even doing that type of

0:14:52.840 --> 0:14:55.320
<v Speaker 5>research of finding who has a seales market, like, it's

0:14:55.320 --> 0:14:57.920
<v Speaker 5>going to lead you to more information, more information, and

0:14:57.960 --> 0:15:00.760
<v Speaker 5>then your lens, your perspective on the world and on life,

0:15:00.760 --> 0:15:02.960
<v Speaker 5>it's gonna change. I mean, that's the type of power.

0:15:03.200 --> 0:15:05.600
<v Speaker 5>Like in an hour we took that from a conversation.

0:15:05.720 --> 0:15:06.440
<v Speaker 4>It was incredible.

0:15:06.520 --> 0:15:08.440
<v Speaker 3>And I always said Sean Parker had a great idea

0:15:08.480 --> 0:15:11.960
<v Speaker 3>what napster. The entire music industry vilified him and then

0:15:12.120 --> 0:15:13.920
<v Speaker 3>was happy to do business with Steve Jobs. And then

0:15:13.960 --> 0:15:17.800
<v Speaker 3>Steve Jobs came in with podcasting, which is essentially digital

0:15:17.880 --> 0:15:22.400
<v Speaker 3>radio and killed radio. And even when people do podcasts,

0:15:22.440 --> 0:15:24.160
<v Speaker 3>they'd be like, hey, I'm ready to pod, not knowing

0:15:24.200 --> 0:15:28.840
<v Speaker 3>that the original format too broadcast on a podcast was

0:15:29.200 --> 0:15:32.200
<v Speaker 3>the iPod, and then they tied in their AirPod to

0:15:32.280 --> 0:15:35.960
<v Speaker 3>it now to listen to. So you're from a subconscious

0:15:36.000 --> 0:15:38.640
<v Speaker 3>branding standpoint, no one's like, yoah, I'm ready to stitch

0:15:38.640 --> 0:15:40.400
<v Speaker 3>you today, shout out to stitch you. I love you guys.

0:15:40.720 --> 0:15:44.000
<v Speaker 3>I used the app for many years, right, So think

0:15:44.040 --> 0:15:47.080
<v Speaker 3>of how you can even create your own seller's market

0:15:47.240 --> 0:15:50.400
<v Speaker 3>in the industry for what you're in, or as I

0:15:50.480 --> 0:15:52.880
<v Speaker 3>used to call the ultimate competitive advantage. You have to

0:15:52.920 --> 0:15:54.960
<v Speaker 3>be able to do something that no one else in

0:15:55.000 --> 0:15:58.920
<v Speaker 3>the world can do. Amazing conversation though, amazing.

0:15:59.120 --> 0:16:00.000
<v Speaker 4>I'm glad you brought that up.

0:16:00.080 --> 0:16:01.680
<v Speaker 5>I was just reading that like last week, about the

0:16:01.680 --> 0:16:04.440
<v Speaker 5>branding of the word podcast and it's coming from the

0:16:05.320 --> 0:16:06.200
<v Speaker 5>actual iPod.

0:16:06.640 --> 0:16:07.160
<v Speaker 4>I think about that.

0:16:07.240 --> 0:16:12.160
<v Speaker 5>It's like band aid, right, like, yes, that that abrasive

0:16:12.400 --> 0:16:14.800
<v Speaker 5>adhesive is not the word, right, we think of his

0:16:14.880 --> 0:16:17.400
<v Speaker 5>band aid because that's the brand. But like podcasts forever

0:16:17.440 --> 0:16:21.920
<v Speaker 5>will be synonymous with iPod, which would be synonymous for Apple.

0:16:21.760 --> 0:16:22.480
<v Speaker 6>And some things.

0:16:22.600 --> 0:16:28.160
<v Speaker 2>Some things are sellers markets, like petroleum, like you know,

0:16:28.320 --> 0:16:31.240
<v Speaker 2>these things are sellers markets. But then some things are

0:16:31.280 --> 0:16:34.120
<v Speaker 2>biased markets. But you can create a seller's market niche

0:16:34.160 --> 0:16:36.840
<v Speaker 2>inside of it, so like close more of a bias market, right,

0:16:37.240 --> 0:16:40.400
<v Speaker 2>but you have some like let's take it even nicher sneakers.

0:16:40.480 --> 0:16:44.200
<v Speaker 2>Sneakers is really a bias market as a whole. But

0:16:44.320 --> 0:16:49.120
<v Speaker 2>you have you have pockets like Yeezy, like Jordan brand,

0:16:49.680 --> 0:16:52.320
<v Speaker 2>like you know, high end Nike Exclusive where that's actually

0:16:52.320 --> 0:16:54.800
<v Speaker 2>a seller's market. So I was asking like, well, how

0:16:54.800 --> 0:16:56.840
<v Speaker 2>do you create a seller's market? How do you create

0:16:56.880 --> 0:16:58.920
<v Speaker 2>your own niche in the seller's market in the bias market?

0:16:58.920 --> 0:17:00.800
<v Speaker 2>You So you can do it, but it's like having

0:17:00.800 --> 0:17:03.960
<v Speaker 2>a needle through a haystack. It's very hard. Like Supreme

0:17:04.080 --> 0:17:05.600
<v Speaker 2>like they've been able to do that, but it took

0:17:05.680 --> 0:17:09.080
<v Speaker 2>years to do that, ter So the easier route is

0:17:09.119 --> 0:17:12.680
<v Speaker 2>just to pick a seller's market as opposed to picking

0:17:12.720 --> 0:17:16.840
<v Speaker 2>a bias market and making your services a seller's market

0:17:16.920 --> 0:17:18.200
<v Speaker 2>inside of a bias market.

0:17:19.440 --> 0:17:20.679
<v Speaker 4>So yeah, go ahead.

0:17:20.920 --> 0:17:23.400
<v Speaker 2>So yeah, so when you when you're starting your business,

0:17:24.440 --> 0:17:27.879
<v Speaker 2>that's something to consider, and when you're looking to invest

0:17:27.920 --> 0:17:30.160
<v Speaker 2>in a business, that's something to consider.

0:17:30.480 --> 0:17:31.760
<v Speaker 3>That was the point I was going to say, So

0:17:31.800 --> 0:17:34.240
<v Speaker 3>for everyone who's thinking like, well, okay, you guys mentioned

0:17:34.280 --> 0:17:37.840
<v Speaker 3>in business talking points sometimes marketing, but these are the

0:17:37.840 --> 0:17:40.160
<v Speaker 3>things that you need to research to see what's going

0:17:40.200 --> 0:17:43.520
<v Speaker 3>to become incredibly competitive and allureing to go public. So

0:17:43.600 --> 0:17:46.840
<v Speaker 3>if we look at Stripe, process is very easy. They've

0:17:46.920 --> 0:17:49.639
<v Speaker 3>kind of created their own sellers market, where I don't

0:17:49.680 --> 0:17:54.240
<v Speaker 3>hear many business owners outside saying they want to use

0:17:54.280 --> 0:17:57.959
<v Speaker 3>PayPal over Stripe. So when they become public and everyone

0:17:58.000 --> 0:17:59.880
<v Speaker 3>asked me, like, what's the IPO I'm looking forward to,

0:18:00.240 --> 0:18:03.320
<v Speaker 3>that's probably the only one PayPal had a chance in

0:18:03.440 --> 0:18:05.199
<v Speaker 3>ninety nine, two thousand and two thousand and one. But

0:18:05.280 --> 0:18:08.600
<v Speaker 3>Stripe you don't hear all the horror stories that you

0:18:08.720 --> 0:18:11.760
<v Speaker 3>used to hear in comparison to PayPal about locking up

0:18:11.760 --> 0:18:15.080
<v Speaker 3>accounts for weeks or months. So they have created their

0:18:15.119 --> 0:18:19.679
<v Speaker 3>own seller's market, Amonth's business community, and when they go public,

0:18:19.720 --> 0:18:21.600
<v Speaker 3>I am pretty sure the stock is going to do

0:18:21.720 --> 0:18:22.520
<v Speaker 3>pretty damn well.

0:18:22.640 --> 0:18:26.680
<v Speaker 4>It'll be five years the biggest ib ON history easily.

0:18:28.920 --> 0:18:33.520
<v Speaker 2>My graduates from my school being force backdrop.

0:18:33.480 --> 0:18:37.240
<v Speaker 6>Bag drop, Mike, drop backdrop drop.

0:18:48.359 --> 0:18:51.600
<v Speaker 5>Behind those warm and cozy nights at home, thousands of

0:18:51.640 --> 0:18:55.400
<v Speaker 5>employees at BP go to work every day. People producing

0:18:55.440 --> 0:18:59.359
<v Speaker 5>more US natural gas, people building grid scale solar capacity,

0:19:00.359 --> 0:19:04.479
<v Speaker 5>turning landfill waste gas into pipeline quality renewable natural gas,

0:19:04.840 --> 0:19:07.959
<v Speaker 5>and people delivering all of that power where it's needed.

0:19:08.320 --> 0:19:11.600
<v Speaker 5>They're part of almost three hundred thousand jobs VP supports

0:19:11.680 --> 0:19:12.720
<v Speaker 5>across the country.

0:19:13.359 --> 0:19:14.840
<v Speaker 6>Learn more at VP dot com.

0:19:14.840 --> 0:19:16.680
<v Speaker 1>Slash Investing in America