1 00:00:00,400 --> 00:00:04,280 Speaker 1: You just realized your business needed to hire someone yesterday. 2 00:00:04,800 --> 00:00:09,520 Speaker 1: How can you find amazing candidates fast? Easy? Just use Indeed. 3 00:00:09,960 --> 00:00:12,680 Speaker 1: Stop struggling to get your job posts seen on other 4 00:00:12,760 --> 00:00:16,439 Speaker 1: job sites. With Indeed sponsored jobs, your post jumps to 5 00:00:16,480 --> 00:00:19,000 Speaker 1: the top of the page for your relevant candidates, so 6 00:00:19,120 --> 00:00:22,119 Speaker 1: you can reach the people you want faster. According to 7 00:00:22,160 --> 00:00:26,120 Speaker 1: Indeed data, sponsored jobs posted directly on Indeed have forty 8 00:00:26,120 --> 00:00:30,040 Speaker 1: five percent more applications than non sponsored jobs. Don't wait 9 00:00:30,080 --> 00:00:33,519 Speaker 1: any longer. Speed up your hiring right now with Indeed, 10 00:00:33,960 --> 00:00:36,200 Speaker 1: and listeners of this show will get a seventy five 11 00:00:36,280 --> 00:00:39,440 Speaker 1: dollars sponsored job credit to get your jobs more visibility 12 00:00:39,600 --> 00:00:45,320 Speaker 1: at indeed dot com slash pod Katz thirteen. Just go 13 00:00:45,360 --> 00:00:50,120 Speaker 1: to Indeed dot com slash pod Katz thirteen right now 14 00:00:50,479 --> 00:00:53,040 Speaker 1: and support our show by saying you heard about Indeed 15 00:00:53,080 --> 00:00:57,400 Speaker 1: on this podcast. Terms and conditions apply. Hiring Indeed is 16 00:00:57,440 --> 00:00:58,040 Speaker 1: all you need. 17 00:00:58,600 --> 00:01:00,400 Speaker 2: But I'm here to tell you, like home, if home 18 00:01:00,440 --> 00:01:04,039 Speaker 2: sales fail six percent in July and the housing market 19 00:01:04,120 --> 00:01:06,600 Speaker 2: is in there in their recession, and over the last 20 00:01:06,640 --> 00:01:10,720 Speaker 2: year the market is failed twenty percent, that means we 21 00:01:10,760 --> 00:01:15,600 Speaker 2: technically are in a correction territory heading into a crash. 22 00:01:16,080 --> 00:01:19,240 Speaker 2: If private equity is not spending as much money. If 23 00:01:19,360 --> 00:01:22,160 Speaker 2: quantitative easy and the Federal Reserve says that I'm not 24 00:01:22,240 --> 00:01:26,960 Speaker 2: buying any bonds anymore, the bonds have to actually provide 25 00:01:26,959 --> 00:01:31,160 Speaker 2: some damn value. What does that tell you? We may 26 00:01:31,240 --> 00:01:32,920 Speaker 2: go through a two year period where we're in the 27 00:01:32,920 --> 00:01:36,119 Speaker 2: bear market. For those you have houses and you're like, hey, 28 00:01:36,120 --> 00:01:37,600 Speaker 2: what do I do with the information? If you have 29 00:01:37,640 --> 00:01:39,520 Speaker 2: a house that you like and you want a good deal, 30 00:01:39,760 --> 00:01:41,160 Speaker 2: if you're going to hold for a ten to thirty 31 00:01:41,240 --> 00:01:45,200 Speaker 2: year period, it matters not for those in real estate. 32 00:01:46,680 --> 00:01:50,360 Speaker 2: If we are Ford standard deviations outside of the range 33 00:01:50,360 --> 00:01:52,440 Speaker 2: of which we should be, we are going to come 34 00:01:52,480 --> 00:01:56,840 Speaker 2: down to a normal area. I love you guys. Last 35 00:01:56,840 --> 00:01:58,800 Speaker 2: week I made some comments on Netflix, so I want 36 00:01:58,800 --> 00:02:02,160 Speaker 2: to give full contexts. At first one I was like, 37 00:02:02,240 --> 00:02:03,880 Speaker 2: let me put the video together and put my notes. 38 00:02:03,920 --> 00:02:06,080 Speaker 2: I was gonna come on here on my mind flex 39 00:02:06,120 --> 00:02:08,919 Speaker 2: Hogan shoutouf on flex. It's when they come on my 40 00:02:09,000 --> 00:02:12,519 Speaker 2: macho man thing. But let me break down why I'm 41 00:02:12,560 --> 00:02:18,080 Speaker 2: telling you. Netflix will probably be the first one of 42 00:02:18,160 --> 00:02:23,480 Speaker 2: all streaming services to go away. More than likely Microsoft 43 00:02:23,600 --> 00:02:26,680 Speaker 2: or Apple is going to end up buying Netflix. If 44 00:02:26,680 --> 00:02:29,799 Speaker 2: it goes under one hundred dollars and thirty seven cent. 45 00:02:29,960 --> 00:02:32,360 Speaker 2: But let me pull up some more of these facts 46 00:02:32,400 --> 00:02:34,000 Speaker 2: for you so I can make you a better investor. 47 00:02:36,480 --> 00:02:40,440 Speaker 2: Total debt sixteen point six billion dollars at the end 48 00:02:40,440 --> 00:02:45,720 Speaker 2: of June. Total liabilities twenty seven point three billion dollars. 49 00:02:46,000 --> 00:02:49,720 Speaker 2: I'm not an economist by any stretch of imagination, but 50 00:02:49,800 --> 00:02:51,560 Speaker 2: twenty seven point three billion dollars is a lot of 51 00:02:51,600 --> 00:02:57,160 Speaker 2: damn money, right, reporter is first quarterly loss in a decade. 52 00:02:57,680 --> 00:03:00,639 Speaker 2: The customer basis that have hates when a increase prices, 53 00:03:01,080 --> 00:03:06,000 Speaker 2: that's a terrible thing. In twenty twenty two, their projectors 54 00:03:06,000 --> 00:03:08,640 Speaker 2: to spend eighteen billion dollars on content for you to 55 00:03:08,720 --> 00:03:11,720 Speaker 2: burn through it and one weekend while you're having sex 56 00:03:11,760 --> 00:03:15,040 Speaker 2: with Jasad Bay and never watch it again. Tell me 57 00:03:15,080 --> 00:03:18,520 Speaker 2: what happened in episode for a Stranger Things, Man, I 58 00:03:18,520 --> 00:03:21,600 Speaker 2: got a great idea, Troyvishall, let's shorten me shows thirty 59 00:03:21,639 --> 00:03:26,560 Speaker 2: minutes forty five minutes. Disney's spending thirty three billion dollars 60 00:03:26,600 --> 00:03:30,440 Speaker 2: on content, Peacock is spending three billion. Netflix has an 61 00:03:30,440 --> 00:03:34,640 Speaker 2: eighteen percent profit margin. Now when we get to real numbers, 62 00:03:35,280 --> 00:03:38,560 Speaker 2: eighteen percent profit margin is not great, especially when you 63 00:03:38,640 --> 00:03:41,280 Speaker 2: have a competitor like Apple that is a luxury brand. 64 00:03:41,440 --> 00:03:43,680 Speaker 2: The number one brand in the world is a luxury brand. 65 00:03:44,000 --> 00:03:48,040 Speaker 2: Their profit margin is twenty eight point eight percent, and Google, 66 00:03:48,080 --> 00:03:51,520 Speaker 2: who owns you to profit margin is twenty nine point 67 00:03:51,560 --> 00:03:55,040 Speaker 2: five percent. So those two alone are putting an incredible 68 00:03:55,080 --> 00:03:57,680 Speaker 2: amount of pressure on Netflix. I know for those of 69 00:03:57,720 --> 00:04:00,640 Speaker 2: you that are in LA and your filmmakers and you're like, hey, 70 00:04:00,880 --> 00:04:04,000 Speaker 2: they're never going to stop. Trust me, I know a 71 00:04:04,000 --> 00:04:06,720 Speaker 2: couple of people. Man, don't make me call Weezy right 72 00:04:06,760 --> 00:04:09,040 Speaker 2: now and get Weezy on the line and give you 73 00:04:09,120 --> 00:04:15,320 Speaker 2: some insight. Things are changing, trust me. So I don't 74 00:04:15,320 --> 00:04:17,400 Speaker 2: want it once again. Please click this part up. I 75 00:04:17,400 --> 00:04:22,240 Speaker 2: don't want Netflix to go under. And I think because 76 00:04:23,400 --> 00:04:26,960 Speaker 2: they needed growth hedge fund managers. It's the day that 77 00:04:26,960 --> 00:04:30,440 Speaker 2: I'm referring to. Netflix got bundled up and they were 78 00:04:30,440 --> 00:04:32,480 Speaker 2: one of the ones who ended up going up too 79 00:04:32,520 --> 00:04:34,720 Speaker 2: fast and too high. But the thing that killed Blockbuster 80 00:04:35,680 --> 00:04:37,680 Speaker 2: too much debt. It's a thing that's gonna end up 81 00:04:37,720 --> 00:04:43,360 Speaker 2: killing Netflix. And if America is broke and financially broken, 82 00:04:44,120 --> 00:04:46,200 Speaker 2: why do you think a company that holds that much 83 00:04:46,279 --> 00:04:49,360 Speaker 2: debt and people are upset to pay fourteen ninety five 84 00:04:49,400 --> 00:04:51,720 Speaker 2: for a movie that costs one hundred and fifty seven 85 00:04:51,720 --> 00:04:53,880 Speaker 2: million dollars. How the hell is that a good business 86 00:04:53,920 --> 00:04:57,360 Speaker 2: equation and a good business model? But what do I know? 87 00:04:57,800 --> 00:05:01,599 Speaker 2: Enjoy Shout out to my guy Josh. I saw him 88 00:05:01,640 --> 00:05:05,200 Speaker 2: this past Thursday, I think, and he made the equation 89 00:05:05,520 --> 00:05:08,760 Speaker 2: or I made the statement that Apple is the perfect stock, 90 00:05:09,720 --> 00:05:13,840 Speaker 2: and when you look at it, damn near is if 91 00:05:13,839 --> 00:05:17,880 Speaker 2: you look, Apple is technically a value stock, a growth 92 00:05:17,920 --> 00:05:20,839 Speaker 2: stock tied in one. They're five percent of four percent 93 00:05:20,880 --> 00:05:23,440 Speaker 2: off their all time highs in the middle of a 94 00:05:23,480 --> 00:05:27,760 Speaker 2: bear market or pullback. They are the largest waiting in 95 00:05:27,760 --> 00:05:30,800 Speaker 2: the index. So when you buy Apple, you're technically buying 96 00:05:30,800 --> 00:05:33,120 Speaker 2: the index that are the largest waiting in the S 97 00:05:33,160 --> 00:05:37,359 Speaker 2: and P A NASDAC. They are a dividend stock, luxury stock. 98 00:05:37,520 --> 00:05:42,680 Speaker 2: Berkshire bought four million shares and I can't name seven 99 00:05:42,760 --> 00:05:47,440 Speaker 2: companies historically that has been better in terms of managing 100 00:05:47,480 --> 00:05:52,640 Speaker 2: a business in comparison to them. I know, sometimes people 101 00:05:52,680 --> 00:05:57,440 Speaker 2: want all these exotic ass companies that supposed to shape 102 00:05:57,480 --> 00:05:59,279 Speaker 2: the world. And we'll do chart time later and we'll 103 00:05:59,320 --> 00:06:03,200 Speaker 2: walk through some But man, when you guys ask me, 104 00:06:03,240 --> 00:06:04,919 Speaker 2: I don't know where to start with investing? What should 105 00:06:04,920 --> 00:06:09,120 Speaker 2: I do? Two Tech two Index, No stress for those 106 00:06:09,160 --> 00:06:10,560 Speaker 2: of you who like, hey, why do you need to? 107 00:06:11,000 --> 00:06:16,920 Speaker 2: They anchor one another. So most investors want value or growth. 108 00:06:17,120 --> 00:06:20,680 Speaker 2: The S and P five hundred gives you value or 109 00:06:20,720 --> 00:06:24,640 Speaker 2: slow steady growth. The NASDAC gives you fast growth. Apple 110 00:06:24,680 --> 00:06:26,960 Speaker 2: and Microsoft are so big that. 111 00:06:28,400 --> 00:06:30,640 Speaker 3: This episode is brought to you by P and C Bank. 112 00:06:31,040 --> 00:06:33,800 Speaker 3: A lot of people think podcasts about work are boring, 113 00:06:34,000 --> 00:06:37,839 Speaker 3: and sure they definitely can be, But understanding a professionals 114 00:06:37,960 --> 00:06:41,200 Speaker 3: routine shows us how they achieve their success little by little, 115 00:06:41,600 --> 00:06:45,240 Speaker 3: day after day. It's like banking with P and C Bank. 116 00:06:45,680 --> 00:06:48,520 Speaker 3: It might seem boring to safe plan and make calculated 117 00:06:48,520 --> 00:06:51,640 Speaker 3: decisions with your bank, but keeping your money boring is 118 00:06:51,640 --> 00:06:55,000 Speaker 3: what helps you live or more happily fulfilled life. P 119 00:06:55,080 --> 00:06:59,839 Speaker 3: and C Bank Brilliantly Boring since eighteen sixty five. Brilliantly 120 00:07:00,040 --> 00:07:02,600 Speaker 3: Boring since eighteen sixty five is a service mark of 121 00:07:02,640 --> 00:07:05,880 Speaker 3: the PNC Financial Service Group, Inc. P and C Bank 122 00:07:06,320 --> 00:07:08,960 Speaker 3: National Association Member fdic. 123 00:07:11,600 --> 00:07:12,280 Speaker 2: Erners. What's up? 124 00:07:12,360 --> 00:07:14,840 Speaker 3: You ever walk into a small business and everything just 125 00:07:15,000 --> 00:07:18,200 Speaker 3: works like the checkout is fast? The receipts are digital, 126 00:07:18,720 --> 00:07:21,679 Speaker 3: tipping is a breeze, and you're out the door before 127 00:07:21,680 --> 00:07:25,840 Speaker 3: the line even builds. Odds are they're using Square. We 128 00:07:26,000 --> 00:07:28,560 Speaker 3: love supporting businesses that run on Square because it just 129 00:07:28,600 --> 00:07:31,840 Speaker 3: feels seamless. Whether it's a local coffee shop, a vendor 130 00:07:31,880 --> 00:07:34,120 Speaker 3: at a pop up market, or even one of our 131 00:07:34,200 --> 00:07:37,840 Speaker 3: merch partners, Square makes it easy for them to take payments, 132 00:07:38,040 --> 00:07:41,800 Speaker 3: manage inventory, and run their business with confidence, all from 133 00:07:41,880 --> 00:07:45,280 Speaker 3: one simple system. If you're a business owner or even 134 00:07:45,360 --> 00:07:48,880 Speaker 3: just thinking about launching something soon, Square is hands down 135 00:07:48,920 --> 00:07:51,280 Speaker 3: one of the best tools out there to help you start, 136 00:07:51,640 --> 00:07:55,200 Speaker 3: run and grow. It's not just about payments, it's about 137 00:07:55,240 --> 00:07:57,640 Speaker 3: giving you time back so you can focus on what 138 00:07:57,840 --> 00:08:01,520 Speaker 3: matters most Ready. To see how Square can transform your business, 139 00:08:01,760 --> 00:08:06,400 Speaker 3: visit Square dot com backslash, go backslash eyl to learn 140 00:08:06,440 --> 00:08:11,640 Speaker 3: more that Square dot com backslash, go backslash eyl. Don't wait, 141 00:08:11,960 --> 00:08:14,760 Speaker 3: don't hesitate, let's Square handle the back end so you 142 00:08:14,800 --> 00:08:16,440 Speaker 3: can keep pushing your vision forward. 143 00:08:19,080 --> 00:08:22,960 Speaker 1: You just realized your business needed to hire someone yesterday. 144 00:08:23,480 --> 00:08:27,680 Speaker 1: How can you find amazing candidates fast? Easy? Just use 145 00:08:27,760 --> 00:08:31,040 Speaker 1: indeed stop struggling to get your job. Posts seen on 146 00:08:31,160 --> 00:08:35,040 Speaker 1: other job sites. With Indeed sponsored jobs, your post jumps 147 00:08:35,040 --> 00:08:37,400 Speaker 1: to the top of the page for your relevant candidates, 148 00:08:37,640 --> 00:08:40,640 Speaker 1: so you can reach the people you want faster. According 149 00:08:40,720 --> 00:08:44,360 Speaker 1: to Indeed data, sponsored jobs posted directly on Indeed have 150 00:08:44,480 --> 00:08:48,520 Speaker 1: forty five percent more applications than non sponsored jobs. Don't 151 00:08:48,520 --> 00:08:52,199 Speaker 1: wait any longer. Speed up your hiring right now with Indeed, 152 00:08:52,640 --> 00:08:54,880 Speaker 1: and listeners of this show will get a seventy five 153 00:08:54,960 --> 00:08:58,120 Speaker 1: dollars sponsored job credit to get your jobs more visibility 154 00:08:58,280 --> 00:09:04,000 Speaker 1: at indeed dot com slash pod Katz thirteen. Just go 155 00:09:04,040 --> 00:09:08,839 Speaker 1: to Indeed dot com slash pod Katz thirteen right now 156 00:09:09,160 --> 00:09:11,720 Speaker 1: and support our show by saying you heard about Indeed 157 00:09:11,760 --> 00:09:16,080 Speaker 1: on this podcast. Terms and conditions apply. Hiring Indeed is 158 00:09:16,120 --> 00:09:16,800 Speaker 1: all you need. 159 00:09:17,320 --> 00:09:20,120 Speaker 2: Once again, if they collapse, it would destroy the American 160 00:09:20,160 --> 00:09:23,400 Speaker 2: economy as a whole. Some of you are not old 161 00:09:23,480 --> 00:09:25,640 Speaker 2: enough to remember what it was like during two thousand 162 00:09:25,640 --> 00:09:27,560 Speaker 2: and seven. In two thousand and eight when Lehman Brothers 163 00:09:27,559 --> 00:09:30,880 Speaker 2: went under and it affected the American economy. How many 164 00:09:30,880 --> 00:09:33,120 Speaker 2: of you please put Liman in chat if you heard 165 00:09:33,120 --> 00:09:39,080 Speaker 2: of Leman prior to the night Celensio. So if Apple 166 00:09:39,160 --> 00:09:43,960 Speaker 2: or Microsoft goes under, it would destroy our economy. These 167 00:09:43,960 --> 00:09:45,920 Speaker 2: are probably two of the safest stocks. And when I 168 00:09:45,960 --> 00:09:48,600 Speaker 2: tell you only need to focus on a few, that's 169 00:09:48,640 --> 00:09:51,520 Speaker 2: all you need to do. I want to clarify my 170 00:09:51,559 --> 00:09:55,120 Speaker 2: comments on Ethereum. So Ethereum one hundred and ten bucks 171 00:09:55,120 --> 00:09:57,720 Speaker 2: is to load the boat. Price. So load the boat 172 00:09:57,800 --> 00:09:59,640 Speaker 2: I would define as the price in which you should 173 00:09:59,640 --> 00:10:03,080 Speaker 2: buy in investment or asset class at the rock bottom 174 00:10:03,120 --> 00:10:08,760 Speaker 2: price where it's at recession or depression levels. So for 175 00:10:08,800 --> 00:10:11,920 Speaker 2: those of you like you Ho, what's up on ethery one? 176 00:10:11,960 --> 00:10:12,240 Speaker 1: Tu? 177 00:10:13,080 --> 00:10:17,840 Speaker 2: I know? Wait, wait, wait till it, Tali, come on here, boy, 178 00:10:17,880 --> 00:10:21,960 Speaker 2: I'm gonna shake to end up these next two years. Boy. 179 00:10:22,960 --> 00:10:26,720 Speaker 2: I told you about Meta and the challenges they were 180 00:10:26,760 --> 00:10:30,160 Speaker 2: faced with. TikTok came true. Told you about Michael Saylor 181 00:10:30,720 --> 00:10:33,800 Speaker 2: potentially being positioned out of his company if Bitcoin got 182 00:10:33,800 --> 00:10:37,520 Speaker 2: to twenty thousand came true. Told you about Bitcoin going 183 00:10:37,520 --> 00:10:40,720 Speaker 2: to twenty thousand came true. Told you they were recovering 184 00:10:40,800 --> 00:10:44,240 Speaker 2: sixty three days. Please put in chat. Are you here 185 00:10:44,559 --> 00:10:48,719 Speaker 2: to gossip or are you here to get rich? This 186 00:10:48,800 --> 00:10:50,440 Speaker 2: is the thing I love about investing in trade and 187 00:10:50,520 --> 00:10:54,000 Speaker 2: actually being able to trade. Man, nobody opinion on anything matters, 188 00:10:54,040 --> 00:10:58,400 Speaker 2: not as long as TD and Maria Trade keeps in 189 00:10:58,400 --> 00:11:01,840 Speaker 2: my access, and THENJA in Trade of eight all the 190 00:11:01,840 --> 00:11:03,840 Speaker 2: other firms out there, right, and all o the brokerages, 191 00:11:03,880 --> 00:11:11,319 Speaker 2: you're good. I'm not launching a campaign against Netflix or ethereum. 192 00:11:11,520 --> 00:11:14,160 Speaker 2: I'm just telling you the truth of where we may 193 00:11:14,240 --> 00:11:16,679 Speaker 2: end up. But if you don't believe in my statement, 194 00:11:16,720 --> 00:11:19,040 Speaker 2: in my takes, you are more than welcome and take 195 00:11:19,080 --> 00:11:21,600 Speaker 2: your life savings and put them into Netflix and let's 196 00:11:21,640 --> 00:11:26,000 Speaker 2: see what happens, and you'll be good. Real quick, let's 197 00:11:26,080 --> 00:11:29,640 Speaker 2: go through a couple ETFs and a couple of stocks 198 00:11:29,679 --> 00:11:32,720 Speaker 2: tied to China that you can invest in. And the 199 00:11:32,760 --> 00:11:35,640 Speaker 2: homework last week was what are the four ETFs you 200 00:11:35,679 --> 00:11:39,880 Speaker 2: can invest in or short if China falls apart, Let's 201 00:11:39,920 --> 00:11:42,880 Speaker 2: go through a couple of them real quick, And the 202 00:11:42,920 --> 00:11:45,360 Speaker 2: same thing goes with any asset class. Please write this down. 203 00:11:45,720 --> 00:11:48,439 Speaker 2: Only invest in the top four. So if you look 204 00:11:48,440 --> 00:11:51,360 Speaker 2: at bitcoin, and I'm currently at twenty one thousand and 205 00:11:51,360 --> 00:11:54,679 Speaker 2: three thirty five, remember when the world thought it was 206 00:11:54,720 --> 00:11:57,199 Speaker 2: impossible for us as slide to twenty. But if you 207 00:11:57,280 --> 00:12:01,800 Speaker 2: look at these areas up here, any in the sixty 208 00:12:01,920 --> 00:12:05,480 Speaker 2: and seventy range is a no go these are the 209 00:12:05,559 --> 00:12:08,200 Speaker 2: areas in which you will want to exit or take profit. 210 00:12:08,280 --> 00:12:10,199 Speaker 2: You do not want to buy here. This is a 211 00:12:10,240 --> 00:12:13,600 Speaker 2: no bay zone. You only want to buy in the trenches. 212 00:12:14,760 --> 00:12:17,000 Speaker 2: A simple thing you can do is just mark off 213 00:12:17,040 --> 00:12:20,120 Speaker 2: the bottom of each month and then that can tell 214 00:12:20,120 --> 00:12:22,680 Speaker 2: you a price of where you can get in. Do 215 00:12:22,800 --> 00:12:25,080 Speaker 2: not buy. And once again, if somebody is telling you 216 00:12:25,120 --> 00:12:29,440 Speaker 2: to buy or going on like three month media campaigns 217 00:12:29,440 --> 00:12:31,320 Speaker 2: telling you to buy something, it's only because it's in 218 00:12:31,360 --> 00:12:33,760 Speaker 2: their benefit to do so. You don't have to really 219 00:12:33,800 --> 00:12:36,640 Speaker 2: push your asset class if it's good. If we look 220 00:12:36,679 --> 00:12:41,120 Speaker 2: at ethereumm e. Theoriust has slid down as well. I 221 00:12:41,200 --> 00:12:43,560 Speaker 2: told you guys last week to buy fifteen forty four 222 00:12:43,679 --> 00:12:46,720 Speaker 2: on August twentieth, and went to fifteen thirty one seventy three, 223 00:12:47,240 --> 00:12:49,160 Speaker 2: you would already be in profit. For those of you 224 00:12:49,160 --> 00:12:52,240 Speaker 2: who executed it and did that, I am proud of you. 225 00:12:52,920 --> 00:12:54,760 Speaker 2: Let's go to some of the ones that we talked 226 00:12:54,760 --> 00:13:00,040 Speaker 2: about in China. C Hix. Does this look like I 227 00:13:00,040 --> 00:13:02,480 Speaker 2: could go into investing in long term? Yes? Or no? 228 00:13:04,040 --> 00:13:06,600 Speaker 2: The top is up here is up here, the bottom 229 00:13:06,720 --> 00:13:11,080 Speaker 2: ranges are down here. Stock is currently at eleven ninety nine. 230 00:13:11,160 --> 00:13:14,280 Speaker 2: I really don't like it until it gets maybe to 231 00:13:14,360 --> 00:13:18,920 Speaker 2: eight dollars and thirty cent Let's look at KBA. Put 232 00:13:18,960 --> 00:13:20,520 Speaker 2: these on your watch list. I don't want you to 233 00:13:20,559 --> 00:13:25,920 Speaker 2: buy them, don't want you to buy them. But KBA 234 00:13:26,120 --> 00:13:29,000 Speaker 2: is another one in which you can look at and 235 00:13:29,080 --> 00:13:31,360 Speaker 2: which you potentially can short. I want to say this now. 236 00:13:32,080 --> 00:13:33,720 Speaker 2: It's a homework question, but I'm going to give you 237 00:13:33,720 --> 00:13:36,840 Speaker 2: guys an answer. How long should you short a company 238 00:13:37,280 --> 00:13:41,720 Speaker 2: or asset that is falling apart? How long should you 239 00:13:41,800 --> 00:13:44,480 Speaker 2: short a company that is falling apart in the worst 240 00:13:44,559 --> 00:13:47,679 Speaker 2: case scenario, I only want you to short it for 241 00:13:47,800 --> 00:13:51,079 Speaker 2: three months. And here's why. You can short the stock 242 00:13:51,160 --> 00:13:55,280 Speaker 2: and at maximum if it is not leveraged, the highest 243 00:13:55,280 --> 00:13:58,040 Speaker 2: return you can get is one hundred percent. The risk 244 00:13:58,160 --> 00:14:02,080 Speaker 2: is unlimited, though, and if you don't have rules in 245 00:14:02,120 --> 00:14:04,720 Speaker 2: every trait that you take, and you don't stay away 246 00:14:04,720 --> 00:14:06,560 Speaker 2: from emotions, that can lead to a lot of disaster. 247 00:14:07,800 --> 00:14:09,959 Speaker 2: So I only want you to short something for three months, 248 00:14:09,960 --> 00:14:11,800 Speaker 2: and you still need to short at the top of 249 00:14:11,840 --> 00:14:16,360 Speaker 2: the market. So if at top of twenty twenty twenty 250 00:14:16,360 --> 00:14:19,040 Speaker 2: twenty one you were short in this area, I would 251 00:14:19,040 --> 00:14:22,600 Speaker 2: not be mad. Now it's almost at the value area 252 00:14:22,600 --> 00:14:24,880 Speaker 2: on what you should be buying before you touch it. 253 00:14:26,960 --> 00:14:29,680 Speaker 2: My graduates from my school being. 254 00:14:29,560 --> 00:14:36,520 Speaker 3: Force backdrop bag drop, Mike, drop backdrop drop. 255 00:14:45,680 --> 00:14:49,280 Speaker 4: An illegal alien from Guatemala charged with raping a child 256 00:14:49,360 --> 00:14:53,160 Speaker 4: in Massachusetts. An MS thirteen gang member from El Salvador 257 00:14:53,400 --> 00:14:57,560 Speaker 4: accused of murdering a Texas man of Venezuelan charged with 258 00:14:57,600 --> 00:15:01,520 Speaker 4: filming and selling child pornography in Michigan. These are just 259 00:15:01,600 --> 00:15:05,360 Speaker 4: some of the heinous migrant criminals caught because of President 260 00:15:05,400 --> 00:15:09,000 Speaker 4: Donald J. Trump's leadership. I'm Christy Noman, the United States 261 00:15:09,000 --> 00:15:13,800 Speaker 4: Secretary of Homeland Security. Under President Trump, attempted illegal border 262 00:15:13,840 --> 00:15:17,360 Speaker 4: crossings are at the lowest levels ever recorded, and over 263 00:15:17,440 --> 00:15:20,640 Speaker 4: one hundred thousand illegal aliens have been arrested. If you 264 00:15:20,720 --> 00:15:24,600 Speaker 4: are here illegally, your next you will be fine nearly 265 00:15:24,680 --> 00:15:28,680 Speaker 4: one thousand dollars a day, imprisoned and deported, you will 266 00:15:28,720 --> 00:15:32,360 Speaker 4: never return. But if you register using our CBP home 267 00:15:32,400 --> 00:15:35,800 Speaker 4: app and leave now, you could be allowed to return legally. 268 00:15:36,160 --> 00:15:40,920 Speaker 4: Do what's right, leave now. Under President Trump, America's laws, 269 00:15:41,080 --> 00:15:43,520 Speaker 4: border and families will be protected. 270 00:15:43,600 --> 00:15:45,760 Speaker 2: Sponsored by the United States Department of Homeland Security,