Earnings Season - BrickTalk - Brick History Month

Episode Date: April 26, 2023

On BrickTalk this week Randy & Danhai review the stock market highlights from Feb 2023. ★ Support this podcast ★

Thank you. of any specific outcome or profit. All opinions expressed by hosts or guests on the podcast are solely their own personal opinions and do not reflect the opinion of evermickel.com or any company affiliated with the hosts or the guests. Hosts and guests on the podcast may maintain positions and securities discussed in the podcast. Neither evermickel.com nor its affiliates or subsidiaries warrant the completeness or accuracy of the opinions expressed herein and they should not be relied upon as such. Strategies and investments discussed may fluctuate in price or value and may not be suitable for you. They do not take into account your particular investment objectives, financial situation or needs, and they are not intended as a recommendation to buy or sell any security mentioned. Speak to a licensed investment advisor before making any investment decision. Welcome to Brick Talk this week.

We're calling it Brick History Month. And as usual, we start off early to ensure that our audio is working fine. And I think the people who like to watch on YouTube might get a better experience this week. I won't make any promises just yet, though. I don't want to jinx it. But I am very happy to think I may have fixed it. I think I may have burnt out some of my electronics to have it fixed ah so having said that welcome everybody we will get started properly a little bit but as usual

I start off by telling you about that if you have anybody out there who won't ask something you always won't ask or talk about something or ask a big talk question or whatever it is and you're kind of nervous the best time to do it is to get it done very, very early. So now in the early warm is the time when I'd encourage you to send a speaking request. We'll approve it. We'll talk about whatever you want before we get fully going. And it also allows us to not have to deal with that pesky dead air. Or if not, then I can talk in the meantime.

Before we get going, really, actually, what do you think this week? or if not then I can talk in the meantime so then I what's up before we get going really actually how are things this week all is well all is well

I mean this week has been interesting I think probably scary over from last week into into being a

shocker for a lot this week so I found that interesting I know in some ways I mean yeah I like more profit being a shocker for a lot this week. I found that interesting. Annoying in some ways. I like more profit.

It's stupid for the journey that trip. I'll be good for this. At the end of the day, I think some things... I think people are way more... way wiser now about how things run. It's not from a nice place. You want to be wiser

after the good thing happens, right? But I think the bad thing was that they're saying it's LTC. When you said a bad thing, though, what do you mean? No, it was probably it's not trading in the way people expected it to. The reversals are happening. The price driving down continuously, despite no trades really going through. So, by the time if you can't trade now, it's it's far far lower than they would have

liked to trade. I mean, you see the split happening. It's either at seven and you say, yeah, man, I'm making this now. And the first time you really get a trade out is at two. You know, the ballings. So, so yeah ballings start immediately right by the way it start it come out of this break even after watching it

all the way at the top like that yeah I see half a confusion how this work how this go so of course my first thought was boy Shan he seen that shirt

big up tough striker Shan yeah I tell you what the people him last if she don't do another third cause for the people who don't get the inside joke she did a third once on um what i describe it she did a thread on how the circuit record apply on the ipo yeah on the ipo prices if it were to continue of increase and day one day one, day two

and people quote that thread religiously it's the first thing they tell me when I ask yo, Anderson, yo man I read Shani's thread Shani's explained it to me and I was like

it's what she was saying move fast up how you think it applies outside actually he's explaining to us like we test what she was saying you know move faster point how you think it apply outside of ipo day one like beyond that yeah so but you know i think people really want to get one little bit of information that sound like you're discounting a bag of money and then you must run with it. Yeah, and they don't want that easy. They don't want that easy. I'll go make me a bag of money and I'll leave it there. So yeah, they want that easy way out,

always. Yeah, and then that, that usually, if you take that shortcut and you know how that, how that go, probably different one day

and draw blood. So, you have to know. Yeah, I'd say I can't really, I can't really blame anybody who might want to um want an easy button everybody want an easy button everybody want an easy button yeah and the funny thing is there is an easy button but it just don't look oh yeah easy button don't look like the easy button never does yeah the easy button don't look like the easy button

yeah in those cases, I know Sean's thread. It's always funny to me because whenever I press people on it, they very rarely actually understand it. Funny enough. The thing that hit me all the time

of most of us is you can't even explain the thread. Oh. You get me? Like, they took something from it. They took the action of it, and not necessarily, okay, so this thing happened.

How it happened? It's what I think of it all the time, for $1 IP, you know, that go for many. Okay, the price, the price changed, and everything changed now. Vers IP, you know how that go for many. Okay, the price changed and everything changed now versus you know, so after people

they got the answer they wanted and then leave everything else out for that. Yeah. We know how that go. It's a very annoying thing to hear half of what you said being repeated as what you said and with all the context of what that person wanted to hear yeah that's a that's a common problem i show to shan because one the impact of that thread it showed how many people especially

women were interested in a light that they're interested but on the flip side it really shows how much more knowledge i think we all need i actually thought about her thread and that one dollar thing when ipcl was i yes yep yep i was like nobody gonna know what price this does exactly yeah because i mean she's not because she needs to tell them she needs to come and ask it two dollars time you know Because Shanice will tell them. Shanice will come and say, two dollars a time.

When you have $7.25 IPO, Shanice will tell you again. Yup. If she's not there explaining it, I can just say her. I mean, I can't explain it to people who understand it. And the fun thing is, yeah, and very few

people should understand it. Oh, yeah. Well, I and and very few people should understand oh yeah yeah well i would say very few people should understand it actually understand it yeah yeah man i mean look at palace this week the things i'm hearing my clients tell me what broker tell them and i'm like no way word i i know the i know the palace really hit a hole but people never realised it was that bad I asked the broker what happened and the trader also got you

yeah man but and then the answers they get or the trading range them get and how this thing works it was all wrong so I figured yeah

probably a good amount of people called in so the broker has checked and then it just not really got something that is

the real radom yeah man that's him say yeah man I saw you go and then next time same situation yeah yeah I can't yeah I can't

but I don't even know what to say to people who think that that happened because outside of getting the knowledge that is needed I don't really know what to say and people don't always want to hear about knowledge needed thing right you start coming to not easy answer

you start coming to answer that sound like I don't read I don't read this is what I'm supposed to do and I go do it. But then, as I always say, if any source here is absorbing the risk of that source, if that source is wrong, then you're wrong.

And you don't even know why you're wrong. The source might know. That's true. And sometimes the source don't know either and the two of you are at them. That's funny that's always everybody have an opinion on investing but not every opinion is worth listening to yeah because it's always things like that for life yeah it's not only that it's not only here that thing you get me like that's that's pretty pretty common wow yeah and and i wonder about because i even asked people about

i know a few people um did were in palace or probably still are in palace i've seen people who i know must have seen over 100 profit 200 profit i see bono i mean i know that you were listening from long time i listened maybe a of weeks ago I spoke about buying into Palace and also selling, getting out of Palace and then being annoyed because you say how much money you got yeah, I got out after I got out, the thing got up

maybe another 200, 400% maybe another 200% after I got out yeah, and I have to give myself the usual comfort, which is, you know, when you're balling, but... Everybody before you know, right?

Yeah. Exactly. I mean, of course, I'm human, so it's still better than it. I feel like I'm leaving money on the table. I'm never happy leaving money on the table, but... But I talk about it completely bad when... If you check it

People that were buying this week Can exit at profit Could exit at profit The Q right now The lowest sell is $3 As it buys in the Q at $2.80 Most of the day today was $2.70 $2.80 range

Good amount of early buys Some people were buying at $s and so get some maybe but a lot of people are also buying at um i mean people bought it yeah but people bought it all the way down if somebody if i think some of those people are happy about the reversals if somebody said that five then somebody bought at 5 right so imagine you sell at 5.70 and get reversed and you did that the whole time and see things oh it never got through you see that too now you never got through that's some good fun for right there. You bought at 5.70 on the way down and your your orders are reversed so you get back your money you give back the stock and you see lower you see that two dollars now

yeah when you get back the money oh that's the point you mean yeah all right because i don't know if i don't know how many people would be just genuinely you're not happy buying a 520 and seeing a 250 yeah exactly yeah we talked about our last week price drop on you and i don't know we're not gonna buy no more this thing mash up fool this doesn't make no sense instead of it, it was good at five. I'll take it for this. But yeah, yesterday people were buying at 220. People bought at 229, 250.

And the cusp of three right now. So somebody make a nice gain not very short, eh? Some people. Well, I hope so. I honestly hope so I mean if you buy yesterday I hope that you must that's a gain on anything you buy yesterday

that's what I'm saying I'm hoping overall profit I mean how far this will bounce up right there's not much on the there really is not much on the sell side going back to $4 so I really want to see where the level

that people willing to take this true that should be some saving that should be some saving There really is not much on the sell side going back to $4. So I really want to see where the level of people willing to take this. That should be some saving grace. I don't know. Maybe if you're buying it, you get to sell. That is true. That is true. I think about the people

who, specifically the people who invest. I don't want to say it's a bad thing. It's a bad thing, but I don't want to say it's a bad thing. Okay, very, very short term. Not just even short term. Just the people who bought from the hype. Just because I'm here.

I'm here. Oh, okay, yeah. Somebody talking about it. I was actually trying to put it up and say the very, very short term. I know exactly what you mean. I mean, this thing. Yeah, the people who so from the hype and a lot of those people that bought at two thousand three thousand and um three dollars is what eighteen hundred yeah yeah yeah a lot of people too

but honest honestly that I hear more and more people saying no maybe just where I hear it but a lot of people the thing that they look for confirmation of whether or not they should buy or buy more is whether or not the price is going up while other people are talking about it

in other words it literally that is literally the hype. Yep. Exactly. Where it going? I don't know. But it going.

So, me there too. And I'm always surprised at how many people make their decision that way. I'm not. It does make sense. No, a a lot of people they'll take them time and then yeah man i'm saying and then and then and then yeah man ultimate decision is made based on

whether somebody's all good about it and the price was going up exactly and that to me is well then that falls into the common accidental profit we keep hearing. Where a book of sting, I mean, we've seen it before. You do your research, you do whatever, and you say you're doing this, and you're doing this model, whatever, whatever. But you buy it, again, last week. But then you buy it because you hear somebody sound good about it. And you throw everything you were thinking out of the door

because somebody sound good about it. And you throw everything you were thinking out of the door because somebody sound good about it. I think the research they were doing was just... Just them doing something? When they really come down to the meat of the matter and they, all right, yo, I'm going to make a decision. It's really no, all right, I was reading this, I know this this about this company but that don't really mean to this price of up and i know that so what are my bases well i mean like

it's a real point of marie d'alentina i don't make sense for so for for the game i want to be and i see that so often where that will connect. I think a lot of it comes like check waiting there. Why people want to grow out to be a valuation course. It's exactly that. You're not actually looking for how to buy the stock. You're looking for why to buy the stock. A valuation does tell you, say, okay, this is at this level. If this at this this pe or the dcf is dcf comes out as

this then of course immediately tells you okay then you buy versus why why did he say need to be that why the pe for somebody else to care and buy it from you at xyz which is what grower really is then why are the best which one sounds like more work which one's on a shortcut it's the numbers thing dropping in you know they they quite sound fancy and give me a yeah man but it's a clear by ourselves very often and based on numbers you never really decide for yourself or know why them work but somebody say it works and a lot of people agree and it's unprofessional run Run for it. I think that's where that feel comes from. The same thing.

When I research, it's all nice, but at the end of the day, I forget up on this side. Alright, if I buy this thing and put my money on this thing, it's going up. Which is why I say always, the need to happen before. Think about people think about falling stocks. It's never a deal. The flying stock, yeah man.

I prove that it's going up because the last three days it's gone up. So the proof is in the pudding. It can't stop now. Good momentum behind it. Well, I feel it for the people who go through it. Oh, definitely.

Yeah, because when I look at it, I realize what really most people are looking for is the more confirmation. They want a confirmation buyer. They want the confirmation that whatever they decided or they feel, say, go so.

And that's why the busy work works, because it makes you feel like, listen, the answer is six, and if you work this thing out for 15 minutes and get six the answer must be six exactly and in the market wrong after that yeah why don't don't you say the market wrong exactly the thing i really don't like is when it um you know it throws it turns a lot of people off the market, new people off the market. Yes.

Trust me. I think my biggest issue is that. Setting realistic, like I said, a realistic expectation for the market or realistic expectation of what somebody can get from the market if they're only doing certain things, if they do more. To communicate that very easily is think other people if i think i

can't bridge that gap easily without clients and in my head i think about in the brokering space where it isn't even attempted yeah it just to me then it just becomes that's why it makes sense that it must funnel people into this thing because, all right, let me do this Unitrust, whatever. Because I don't worry. They can't even really tell what the expectations for Unitrust are.

And it's part of the marketing sheet that say, oh, we made 4.5% on tech people. If that isn't on the thing, then really, I can't tell you why that matters. I can't even tell you about it. I can't. A client told me the other day,

she and a friend were talking, and the Unitrust was recommended for a three-month 40% gain. A what? 40% in three months. And what was recommended for that? Unitrust. My God.

I was confused. Wow. You're looking at an aggressive stock portfolio, right? No? By Unitrust. Wow. And in my mind, I said, there's

no way the advisor really believes that. But then I said to myself, no. It's not even a matter of belief. It's just, well, we sell Unitrust. And if you say one of these, then me say me can't give. I love trying to give people the benefit

of the doubt, boy doubt boy like I'm thinking of a unit trust play that could have gone like I don't

like last year the quarter and you know it would have fly based on how it was

and even that the thing is if advisor said that and

like I could have said boy that made that doesn't make no sense, but it happened. You get me? But it don't make no sense. It never happened. So you get me? Which unit was other than that did that? Did anything near that?

Did 40% in a year? Yeah, well, we know that that's not what they do so imagine they tell you that's not what we do yeah so it's very to me doing this doing what i don't know let me really get up and say just see more of what your advisors look on and see where more problems are in the space in a lot of ways yeah trust me, man. Just that, though, that I have, I can tell half the people of this boy, my friend, tell me something about the market.

Meaning, my friend make a big gain and tell me about it, and then now, my eyes are set on the market is a buy now and the price go up in my timeline

as much as I hope it will and it must think that and if the market does not follow that format done this up i can't i've seen people get lost off of an interim loss so meaning the price no move up yet so it's it'll get down like i said it's hard for me to convince somebody to buy after that like oh you have a good deal in front of you free no yeah boy we mentioned that last week and i've had had one conversation since then that reminded me about that and it's i don't know like people like i want people who hear this to you know you should be able to learn

from it right you should be able to to take something from it and if there's one thing anybody can take from this is like you you need some structure to actual sense of a practical investing that's it yeah and and going one step further if um if you're serious about your money or if you're serious about earning money on top of your money not only do you need structure but you're going to need structure that is that is um geared towards your specific situation and that is like that's another hill to climb that's a whole that's a strong strong hill kind of two side it's not just oh yo these are my so much money about my expenses it's also who am i as an investor am i going to be the one researching am i going to be the one saying after my tools are stuck here i have to make sure this thing

works or in a way because my timeline and my return at bd is very very it retires this amount of work yeah boy i don't know i don't know like i feel sad about it because the people i think that's the saddest thing for me i think it matched me more more than anything because i have a seat i have to leave it i have to watch it i have to see i have to see somebody i have a set i've worn about risk every day you know how much i hate that like i hate being that guy if you feel like every single every single compliance compliance that guy that went into sales it's like boy you know the risk of it like it's like you start

scared a person before but then I never know how much that's needed bro like I I think I even like more and more and more and more I've gone further and further and further into that those all right yo this thing risky you know what you're

trying to do here is actually risky. I feel like if I do that, and even then, I can't cut down from a super risky goal to a very risky goal. Because, yo, all right, cool, I get what you're saying,

but the stocks thing must really work out this way. And I'm not trying to hear no else. Yeah. I get it. I hear it. So I get it. I don't know.

I still search all the time to understand what can we tell people so that they'll get... I'm trying to find a difference in the ones that got it right. Because at the end of the day, I'm talking like, this is everybody. The truth is, I know a good amount of people,

maybe they fall out or somewhere in between, and then they pick themselves up really strongly and say, wait, that's how this thing goes. Or they would dig into it from the start, like my Nigerian feel like it was really behind them, the portfolio and investing generally. I think about that, what was the difference for them you get me did i say something different to them and take it up a certain way did when you teach like one concept but mess with him certainly because you said this i don't know what's the actual difference there

yeah and then i i think most is a personality thing just how much you're willing to do certain things how much you think about certain things in a certain way. But what's the bridge you get to bring most people there? Yeah, you know, that's what got me into Grow. Well, you know, that's part of the search for years and why I do it,

which is to, because I wanted to be sure that people can be taught and what a method that people could be taught is, you know, a way in which people could be taught, how could it work? And. It's actually what I said. I'm happy about growth. Because I look at it and I look at the output. It's rare for me that thing that somebody does grow and they're

not they're not really at a certain level already meaning that after them done then so we talk to them i talk to them or whatever or they go into it and i know that it really brings somebody forward onto the in the journey like oh cool you start from nothing if you do it then yeah you really have a basis what you know even them think them don't know even like after them somewhat they don't have a phrase to jump into it i'm not gonna jump into a certain way but the moment they do you start see it immediately yep yep yep yep and and that's what i use at least on my side i use that as a bit of a reassurance really that okay it worked um and anybody can learn it that's the beauty of it for me i felt my vindication some time ago and i continue to feel vindicated that you know anyone can do it anybody can learn it but the stumbling blocks to learning it funny enough are

um are things like deciding how it should go ahead of time, right? So like the people who struggle the most, people who have the most trouble are the people who know it already or think they know it already. So you can't tell them nothing. And I still try to do my best. I don't try and kill myself for that anymore. But I try and do myself off for that anymore. But I try and do this for the people.

I often, for me, for context of people, like everybody who does grow up, there's a survey sent afterwards and people can answer the survey however they want. If they want, tell me about my mother, but do it privately. It's also anonymous if you want it to be so. They can. And I pay attention, obviously, to the good stuff. And I'm happy that i've had hundreds of good reviews but also obviously i'm human so i pay attention to what

people complain about what they find bad and i also talk to people and i can in person find how they really feel about it blah blah blah the people that often have the most um i won't say the worst things or anything bad but the people who think oh it's not all that it don't really make sense are almost always the people with two things in common then think they know it already and they're not making any money well three things in common they think they know it already they're not making no money from it meaning they're not making money from what they did know already but then they know already so they can't learn and pay attention especially to the lame boring stuff that grow which isn't really blowing

but if you think you know it already you're going to ignore a lot of what is actually the small simple foundational gems that lead to a lot of money. And the third one, after them done and it never made no sense to me, they go back to still not making any money. Yeah, I've never, I've never, yeah, it's a strange thing to me. The interesting part

is the justifications that I get in between. First is from, I'm not making money from this and there's a minimum of acknowledgement if they ever go back to cool my method works but i'm not making money from this it's then investing starts only being a certain way or only being for a certain time like i mean like then suddenly suddenly then the market is for long term and investing is for long term like anything it comes out intellectual point of all right this thing needs to work this thing works this way because i can't get it to work my way

true about doing anybody even in doing that you kind of have to for me that yeah for me and i think everybody knows you know the market yeah yeah yeah that's how the market actually work versus how you want it to work oh you want it to make sense yeah but for many people what i find is that they come in deciding how the market should work ignore anything else especially i do not say a lot of unorthodox things that grow um but but nothing incorrect but a lot of unorthodox things that grow and they decide ahead of time that well no it can't work that way

but they don't end and then go back to well let me see how it actually worked they just decide it can't work that way so they just stop yeah man they keep and then you start resenting people who do it.

I hear people, I've seen, you know, at this point, I've been doing Grow and Know for three, three going four years. Yes. I see regular, normal, regular, regular people do it, learn how to invest and start making money. And you hear some of the things said about them and what they're doing. I think, yo. It's a very weird thing.

Can you imagine that yeah we have we get can you imagine regular people who think this thing was above them learn how to invest they're not turning into the warren buffett and taking over the world i'm just yeah i'm just making some money and as we should be they're excited about the fact that they've learned a new skill that allows them to make money and they're doing it and when you hear some of the comments about that that are made or just how the class yeah it's rough it's rough god no it's rough it's why we're still i mean we've said it many times and we every time we say somebody tells yeah tells us, you guys should talk about money real. Talk about how much money this can go. Any conversation around reality and money,

we can't even talk about money at this point, outside of being very abstract about it. I don't think people know how tempted i've been over the years to do that especially sometimes when you see it said oh you notice that they don't ever talk about their what what they actually do yeah because every time i do in fact it's in fact bro i remember when i post like post like thing there post the trade and show in and out and back out to where the money is and i remember one comment one time the dream i was still on the screen like this can't be real man said show me the money in your account yes

i mean i said nothing i didn't even call my number i never said about no money i just said this is the trade i mean so it's pretty clear then i had ten thousand dollars and he put this in put this in this stuff and this is the profitable that make if you have one million they get me i just like this and in my head i'm like imagine i could post the amount of money the comments would be very different and somebody would be there be negative nancy anyway saying oh impose money for show off or i don't want that so it's either you have too much or I told you yeah and just like I've worked for years to figure out if I can if I can teach a regular person especially a person I've done enough of that can I teach a regular person I teach somebody who know can I teach somebody who don't know and then the holy grail for me was can i teach somebody who is

convinced that them don't know i'm afraid of maths then can't know this thing and it's above them i've done all of those i know so anybody can understand it right um and in the same way that same drive that same passion pushed me to like i've done it i've explained to people i don't i know for a fact say oh somebody decides to them at them if somebody bad mind don't know say they're bad man right that's the simple truth if somebody decides that i don't know that i is not doing yeah man if then i decide to him not then he decided then i not really doing this thing, God himself

can come on and show me a real thing. So God really joined Danai into the foolish thing. Yeah. I mean, nothing will convince somebody who starts out with their job being to not be convinced.

Yeah, man. Yes, sir. But the thing that hurts me about that is that everybody has a voice and nowadays those people lead a lot of people astray. I know I should be more of an asshole. I should be like,

you get burned. I don't want to know people get burned. And a lot of regular regular normal people who just come across things and start following it get interested and get burned it's like every one of them hurt me every single one of them hurt me because yeah because people think the stock market is cash flat. It's not. It's better than cash flat. It's better than cash flat. If you're going into a certain way, like we spoke about our course, the best way to make back any money

you're losing in the market is the market, right? Because the only thing really giving you returns is the way you want it to. Exactly, yeah. And think about that, though. If I don't really know that, I have no, I mean, let me internalize that because, again,

if you're coming from the perspective of hype, you heard the hype, you see that the hype can work out for you, you buy in, it don't work, then no, it's not really, of course the market is a scam to that person. Because I never really know about the market I never really know how the thing exists

But the only way I know it as now Is this thing that never really work out Because one man need to say And another man need to talk foolishness That is true The man might probably even talk foolishness He must be talking When he makes sense

To him and him doing the name profit i'm talking because it go for three days you don't know say him not sell him just done him don't talk and he don't sell but you didn't hear the talk when make yesterday yeah i i i know people wondering why we bought in top bodies one i needed the time to try and fix the order and everything. But two, it is a real thing that's truly close to my heart. Obviously, Dana is one too. It affects the passion, the thing I'm passionate about. And also, it impacts everybody, including us in the market.

Because, I don't know. But that's why everybody made money that's that's just simply i just want everybody to make money and it is it is one of the things that i think i always pay attention to the things that can stop the longer term i believe that imagine that me saying that um the longerterm benefits of the market. It's one of the things I think can stop the longer-term benefits of the market. If people get burnt or feel burnt by the market, and not by the actual market, but by how they think the market should have worked, what then happens is that, you know,

they're having a hard time stocking, and then they probably carry somebody else with them, saying, yo, leave that alone, you know. I mean, I do a stock thing, and then they probably carry somebody else with them too. Yo, leave that alone, you know. That, I think, burns more people than anything else. Yeah, it's a rough thing. So if people are wondering what the point of all that is,

if you want to sum it up, everybody have an opinion when it comes to investing, but not every opinion is worth listening to. And you need to ensure that the opinions that you're listening to are actually worth listening to. And that includes mine and Danai's. And anybody who gives you any rubric like that, but until you say don't include them, be careful of them. So having said all of that, though, I do want to start us off properly. That was a nice warm-up, the early warm-up. We're about to go live.

Danai, can you hear me? I want to make sure that the sound isn't screwed up or anything. Danai, I'm almost certain not hearing me. Either that or I'm talking to myself. If you guys can't hear me, send an emoji, you know. Thank you very, very much. All right, so you guys are all hearing me but then I isn't probably means the nice zone is screwed up Sorry about that, people.

As soon as he's back on, we'll go live. If anybody has anything they want, it's a noisy time to say it. Otherwise, we should be good. Dana, are you back on? You can hear us? Can you hear me? Can you hear me? I think you're back on, Danai, but you are muted now, so you need to unmute.

Ah, okay. So I finally put him back on. Just, just, just, just now. Yes, I've been hearing you. Just couldn't talk. You kicked me off for the co-host or something. Yeah. All right.

Perfect. So you're back. Yeah, we are here. Fucking good to go. Okay. All right. Perfect. So you're back. Yeah, we are here. I'm good to go. Okay. All right. So with all of that said, let me just go live so I can do that little steal that I have to do one time. Hopefully I only have to do it one time this evening.

In fact, everybody should be used to it. But if you're not, here you go. It's your very first time. First of all, we're live on YouTube, and we're also live on YouTube, and we're also live in a couple of places, including in the Grow Subscribers group. Welcome, everybody. If you can see us on YouTube and hear us, you should be good. Then I give me a... Say something so I know if people can hear you or not because the people on YouTube will tell us.

They still will. They always tell us. Yeah. So people on YouTube, if you can hear, then just let me know and I'm you to welcome of course I know you want to see us you want to hear us and we love if you guys want to join a conversation I always think about my podcast that I like my favorite podcast and how excited I'd always be to be able

to join in life so if you're getting the chance to join your, I don't know if we're your favorite podcast or audio stream, but if we are, this is your chance to jump in and join us live. One second. Okay. Okay. So, yeah. This is your chance to join us live. If you're on YouTube, click the link in the bio.

There's a link down there that says, in the description, that says Twitter space or space or Twitter link or link. Click it, and you should be able to hear us, fully hear us and see us. I see people saying that there's no audio. I know they're saying it's extremely low on YouTube. I don't know which one it is. I will try and sort that out. I'm not sure how, but I will try and sort that out. I think everything is maxed out.

Dana, you said something again, just in case? All right. Hearing me, hearing me. I am hearing you loud and clear. People hold on one moment. Dana, the most interesting stock this week you know you kind of touched on it well I don't know if you touched on it earlier

the most interesting stock while I sought out while I sought out exactly what is happening still Palace I think I'm sure I saw some interest people pointed to some interesting thing this week though I don't know if I want to say exactly I know one of them I don't want to say.

What else is happening? Palace. I'll go with Palace for right now. I'm sure I'll update it as I go along. But Palace still. Still Palace. It took up a good amount of my week. All right. You said Palace.

Tell the people. Just give the people a quick idea of what exactly happened with Palace because a lot of people may not actually know. Yeah, so Palace was very hard to trade. So after the stock split, the trades were happening in a range where JSC reverses them.

So basically, at a certain point of the day, the trades happen and they are too low for regular trading. So JSC makes the trade go through and then they reverse it then for and after the reverse whatever goes on most of the day most of the trades happen there so most trades didn't actually go through a palace or the price get falling so every single day you try sell a castle or i think the order go through you get reversed at the end

of the day so then give it back you give, take back the money. You can't trade but the price falling every single day and been interesting over the week. It's finally trading now since when this week. Monday free up? Yeah, I think it did trade over the last week. Some trades

went through but not much. But a good amount of trades started trading now. Today a good amount went through. Yesterday was a good amount of trades start trading now today a good amount went through yesterday was a good amount of trades most of them happening close to two dollars so coming far from like the seven dollars it was right before the stocks right right after the stock split yeah brother yeah and it was uh just for just for more more context it was a 600 to 1 stock split. It's coming from 600 to start. Exactly. So if you had one pallet share after the stock split, what date was the official record date of the split? 28th.

28th. So the 28th was the actual stock split. If you had one share before that, after the 28th, you'd have had 600 shares. And that, of course, would have been exciting for a lot of people. For some people, who knows? I don't know how exciting it is. I guess maybe if anybody actually got in and got to enjoy it or anything, let us know how it was for you. Like I said, I know a lot of people were actually jumping in and got in at that point i should well i still i still i'm holding off because i want to

say one time only i want to only want to do this once which is the disclaimer and i don't want to have to repeat myself so uh let's go see somebody sent a speaking request also let i'll have them talk jovan jovan you're trying to10 You drop off And you're back on I see two people So Jovan you can go first Oh Jovan Your background is loud Sorry

The hype is down there We try to make it better Is that better? Still Still hearing But actually better Still hearing but better Yeah yeah

Good night everybody I think It really Just want to make a comment I don't want to cut you But I kind of have to It's Say something

Okay it's gone I don't hear it anymore Perfect sorry Yeah man no problem So good night again Say something. Okay, it's gone. I don't hear it anymore. Perfect. Sorry. Sorry, that's not a good one. Go ahead. Yeah, man, no problem. So, good night again. Hi, boss. I just want to make a comment on what you guys were talking about earlier as regards to the whole big talk. I mean, I think I mentioned it earlier.

So, my main problem was that, you know, after a while, we just zone out right like in the morning session yeah we would have talked about like the goals and all of them stuff there you know with the more likely a pay attention but like as the evening go on and as it get longer like like in the night and all of them something there Which seems like I'd apart and made a be more interested in a You know because I've not seen that day earlier part wasn't useful to some degree right but when it come on to like When may I look like when may I look for a company,

I'm looking for buying a company, what exactly should I look for? You know, I like me going there with, that was my goal practically. You see what I'm saying earlier? You decided what it should be.

Everybody that says that to me, the thing we just said, they miss the actual value in the first part. See them get it or hear it because it's something they know already. It's something pretty basic and fundamental, right? Yeah. Yeah, man. They miss the value in the first part.

Yeah. Because that first part is where most problems actually stem from. If you don't really get that, if you don't internalize that first part, then most problems actually stem from. If you don't really get that, if you don't internalize that first part, then you often have the people there, they often have the same problems that come from not really getting that first part. Especially because they've decided that they've already done it. All right, this is how that first part should.

It's knowledge I know already. So in application, they don't bring that forward on what they should to them portfolio in certain ways. Yeah, man, that's true. I understand the error in that way. But that's a way, like after, you get what I'm saying? When time I look back and say, oh, what would I really want to, like,

glean from this? That's why I think it best I do it back a second time. It's a full course. Don't separate it in your mind. The first part is the first part, the second part, but the time together is really well for very specific reasons.

It's done that way for a reason. I don't know. Keep the focus for practically an entire day. It's hard for me to sorry to cut you but i mean i'm saying that yeah me then i say him to me too i struggle with keeping keeping that same focus for that long. However, my way that I make up for it is this, right? I, one, I try to make sure it's exciting.

Two, I give a, that's why I have a split version of Grow, where instead of one whole day, it's done over two evenings so that people can hear, they they can learn and then they can come again the next day and they can hear and they can learn and there's also follow-up stuff but uh there is no there is no there are no two ways like after a certain point though i outside of making it exciting and splitting it up in case people have ad like me or they just can't pay attention to their distractions. I don't know what else I can do. Oftentimes, I find some people do do it over.

And when people do it over, they're like, oh, you know, funny enough, I get, oh, but you never said this last time. I've gone as far as playing people recordings of me saying the thing that them Sena was saying. Yeah, well, I think it would have been your first time. I have a question though. I think this is

regarding I wouldn't want to call it a trend, but let me say, some companies are doing it on the market. I think First Rock was one of them. Share buyback and its effectiveness. Repeat?

Let me ask about it. I want to know what you think about it first. Well, generally, from what I read, they say a sheer buyback um is fewer um increase increase the value at the stock right but i mean as the first shot doing it I mean, that's the first shot doing it. And I don't think it will have the desired effect because the price is actually not the same range. I mean, it spiked to like $40 one time. I think, what is the company name?

CP? CPF? I don't remember the exact name yeah caribbean caribbean yeah the value fund yeah run by a play yeah i think that also spike um for a while but you know and then i think capri capri as well but you know as may i say cm so so that's just my question um what's the question what what is the effectiveness of the sheer buyback and has it you think in our opinion are you know an experience it has ever worked for it say it's actually supposed to do all right hold on depending into that the question then becomes what is what what is it supposed to do tell me that exactly yeah as i said them for them

are where the reason where the companies i'm provide is to give value to the shareholders. for a share buyback. Can I hear you? What's up, man? Boy, I think he's on your side. There's a dog barking around there. You hearing us? Oh, yeah. In my back, God.

Go on top, man. Yeah. yeah yeah I'm not here so I wouldn't catch any other yeah so return The reason why women always say companies... Are you hearing me? Mm-hmm. No? Are you hearing me? Since there, then. Jovan, you hearing me? You hearing me?

I don't think he's hearing us I don't know His sound seems to be off completely Yep Yo Yo Randy that's you Yeah You were far away just now Joe Von coming back

He dropped off Joe Von right after you're telling us what the thing means all right all right so from women or mama always I see it said the reason of the share buyback is proof of provide value to the shareholder right which probably would anomaly result in a increase the price of the stock right and that's a base offer they didn't know what they didn't say shareholder but you say my price need to go up yeah i think we're not talking about the same thing yeah i actually just just what i always do is i say you'll be precise like what what was actually said tell me a company you know that's doing it repeat jovan tell me tell me yeah actually doing a share buyback when i hear the question tell me a company that you know is that one get a real

example so give me a company actually do not share buyback do one um first first rock first rock first rock what what what did they say they are doing it for what's the reason they give repeat what's the reason that they gave for doing it why them say them do them own all right give me a second let me find it all right cool i'm gonna look for it too so you can speed it up When did they first announce it? Well, it's in every one of them, you know, so you don't have to go to the first one. The last one was February 6th, I think. That has it in there.

My internet gave me some problems. I can't locate it right now. Can you hear me? Yeah, man. I can hear you. Can you hear me? Yeah, I can hear you. The last one that was done, was done on the last buyback,

the last purchase that I see from First Rock, or one of the last ones, from February 6th, and they state it. The purpose of the purchase is to unlock shareholder value over time. That's what First Rock says. You understand that, Jovan?

Jovan, go on again. I'm with him there, man. I hear him back around us now. I hear him back around us now. I hear him. Yeah. They're all the more talk, man. Yeah, yeah, I see.

May I hear you, Dana? My Jovan. You hear what Randy just said? No, I hear what Randy just said, but may I hear you? They said it in the thing there. The purpose of the Share Bible program is to unlock shareholder value over time. Yeah. That's what they say.

So you get what that means? Or what that means to you? get what that means? Or what that means to you? Well, I actually don't know what that means. I think I coupled that with some reading what I did do at one time. Like, what I did.

Yeah. I know that line they dropped on me. Read it too. When they mention what they say and when they google it well yeah but what what do you think they mean actually why if i give a problem right now why am i care really go back to exactly work working away i work with but another day i think a lot of times randy hear me i'm hearing you i'm hearing you tonight oh yeah i think a lot of times in the company say certain things then we decide what they mean to us and very often the company not really saying the same thing at all all right

what were you what are you if this thing were to work out proper if this were if this thing were to work out how you want it to work out, what would that look like? Okay, you mentioned, oh, this spike, this spike. So that's a say, okay, the price went up. No, I'm not saying that's the reason. Why? No, no, no, no, man. I was asking.

You sound pretty disappointed with share buybacks. Repeat? You sound like you're disappointed with them. Like you want it or expect something to happen from them. Some of them are gained, but you're not really seeing it. Well, it never get a time frame still. You know what, man? I asked what you would expect.

You said you sound disappointed. So me want to know when you look on the share buybacks, can you ask a question in a way that me know, i don't know if i should feel disappointed because what are the what the time what what the time if we don't know the time frame over which them say them without a lot of value because i just come out and say i don't even talk about first rock say i want to he asked a question when we know say you want you want to see if this thing is profitable that's what i said i don't like you wanna know if yo if we may share my back it means it i can make some money from this thing that's why it sounds like you want it that's why

i wanna say when this thing is announced, me, no, we can't make money from it. Because then I look out for every single share I buy back and say, if this one did work that way there and I could have made money from it, then maybe that one can do the same thing. So, I don't think it's far-fetched to want that to happen.

Whether or not it will happen, that's a different thing. But to me me it's only like yeah man you know i mean i love them thing i make sense but then you say you know really i go on i call you feel like what it then so then then talk about it from them side it's only like a money thing your side no you're like a boy general style this thing not really the money i want to make I only took a spike a couple of times. That sound right?

Yeah. Yeah, practically. Yeah, sorry about that, man. No control over. Because we are trying to find the best space. But yeah, practically. yeah sorry about that man no control over but yeah practically if this thing were to work out how you want it work out how would that look like yeah as as would i would i expect a like increase in the in the in the in the price of the stock over time.

When you say this thing, over time for you, that's how long? Can you tell me, say it's spike? More than one time you see them spike. We don't have to... So when we participate in the spike, I can get some money out of that. I guess you... Can you tell me, say you money price go up, we just never buy and sell it. I guess I'm at that point

yeah it go so you never take some of that it was like I buy it at what $12 so money go up to like $14 and you never sell no I never sell

so that's everything you say yo the thing could have so by the time we check back we can sell and get out i mean with that what i what i expect it for is like higher than that why you know higher than ported but why i mean a real question you know what you know this thing you get up and you say oh i went to buy on the base of the share buy back because i know i can I mean I mean I mean I mean I mean I mean I mean I mean I mean I mean I mean I mean I mean I mean I mean I mean I mean I mean I mean I mean I mean I mean I mean I mean I mean I mean I mean I mean I mean I mean I mean I mean I mean I mean I mean I mean I mean I mean I mean I mean I mean I mean I mean I mean I mean I mean I mean I mean I mean I mean I mean I mean I mean I mean I mean I mean I mean I mean I mean I mean

I mean I mean I mean I mean I mean I mean I mean I mean

I mean I mean I mean I mean I mean I mean I mean I mean

I mean I mean I mean I mean I mean I mean I mean I mean

I mean I mean I mean I mean I mean I mean I mean I mean

I mean I mean I mean I mean I mean I mean I mean I mean

I mean I mean I mean I mean I mean I mean I mean I mean I mean I mean I mean price were you looking to sell it at? When this thing work out?

Probably 17. Probably? Alright. It is really a thing. Well, anything in that anything. See that goal setting problem?

You put your money in this thing no man actually no it wasn't because of the share buyback why I put money in it before the announcement of any share buyback I did have so when you bought it why did you buy it no man

I bought it based off of the recommendation I would be working with them. Understand? So why are you keeping it? That because I probably didn't... You buy it, you don't know a good reason for you to buy it.

I don't know, brother. And then sure, my boy will come around to save you because you know this thing, You know, no good reason for everybody other than a brother to tell me. And then, share Bible come around for save you because, yo, you know this thing

and you know it really work out but if we get to 17 from this share Bible thing, then we can't think that. Suppose I did say, well,

share Bible usually work that way and we can get out of 14 at a profit and we can finally get out in a nice way.

Imagine that versus, I'm going to try and make it go 17 stills. And hope and pray. So I still fall back to what I said. It's both things, right? You have your money in that thing. You have no real ideas about this thing.

You have no real... You just hope on it. You hope and pray. So something comes around at first rock and it goes to 17 and you go about your business. Yeah, when it's still in First Rock, therefore ask yourself, all right, cool. What's going to happen with First Rock? And is what is going to happen with First Rock

what I want to happen to my money? If the answer is no, you know exactly what to do. If the answer is yes, then start to look out. True. Your money is already in your first account. You can't wait for it to save you. Or maybe one day this thing, suppose the thing you wait for in the 17th

comes five years from now. And you could have sold at 14 and gone with your business in year one because there's never a real point with the goals in mind you can't beat yourself on the market

you know bossy if the market be two then you beat yourself no true the market number see if the market be two then you beat yourself no true two one um but those today they they did today for march for march grass i don't know if Randy could provide that to me so I can

make some plans. Randy? Sorry about that. I hear you're trying to sort out the sound issue for the people. I'm on the website. March 25th for full grow and for

split grow, March 21st and March 22nd. Oh, all right. Bless. Yeah, man. So I'll send around your invoice from me for the advertisement fee. Thank you very much. You're still hearing me fine, right, Danai?

Yeah. All right. You know, let me do this. Let me just get it out of the way so thank you first of all for that yeah big up your watchers trust me yeah man no our responses were helpful yeah and let me just state and a critical it at you this is big talk we are call it the brick history month we haven't actually touched that part of brick talk it I'm glad that people have sent a speaker requests, and we will touch it. But we also always want to talk about whatever you guys want to talk about on the market.

I should point out that I'm not a licensed investment advisor, but Danai Hall is. Regardless, nothing that's said on this show and this program at any time should be taken in any way, shape, or form as investment advice. I'm not an investment advisor. And while Dana is speaking, he's not speaking as an advisor, right? He's not taking on the advisory role. If you want to have some proper advice from him, you can't get any from me. But if you want to get some from him, send a speaker request.

Well, don't send a speaker request. Send a speaker request to dhalladvisory.com and book a session. You will be able to get some proper actual advice there. You'll be able to get targeted advice that can help you with your portfolio over any length of time. I just want to make that extremely clear that this show is not investment advice and nothing was said and it should be taken as investment advice.

Having said that, we do have a couple of people sent in speaking requests and I do want to ensure that the sound on YouTube is fixed completely. So I will jump to the next person. Pajama. I think it was on Pajama Billionaire.

On again, my second week. What's up, sir? What's good, boss? Well, the Pajama man looked like he was busy at the time. So, I'll jump right over to Alain. Alain, what's up? You can hear us? Yeah, man, we can hear you. You come on every week. Good night. Good night, everyone. Good night, boss. what's up? You can hear us? Yeah, man, we can hear you.

Come on, everybody. Good night, good night, everyone. Night, boss. What's up? Yeah, it's just on the sheer buyback. This is how I would reason it. I don't know if I'm incorrect, but you guys would correct me if I'm wrong. When you look at the company, you have to set realistic goals what is going to cause this company to move to X

for me to make my profit you have to also look at the what do you call it, sentiment around the company because in the company, you can't say where do I share but the sentiment about the company is never good for a money the company because any company can't company market and say we do a share buyback but the sentiment sentiment about the company never good for a money the company never liquid so you have to look at all of those when you're approaching a company in order for you to make

money can't just listen to what companies say our ceo say as i said they can't lie technically in quotation CEO say. I just say they can't lie. Technically. In quotation. You have to look upon everything. You know what I'm saying? They said this and this means this. Trust me. Most times when the company said this, it was because of the share price.

When the company saw how they were speaking about the share price, when the company is still out there speaking about the share price movement, how often do you get up and say, oh, yeah, man, that worked out that way? I'm not listening to the CEO on whether he thinks the stock should go up or not.

I'm not listening to when companies say shareholder value. They can mean that in so many ways. When I buy back shares, the share price is the same, but your percentage of assets is higher on the company's books. So now you own

that much more of the building. Now you own that much more of the operations. You get some value. We buy back some shares to the market. So now your percentage of ownership in this company is higher. That's value to you right away. Exactly. Value to the top guy.

No, no. Value to everybody. Well, value to everybody because you own 2% and then buy back enough and you own 2.3%. And I'm spending more money. But now this company is now 3.3% more mine. Out of the blue that's your order value oh okay anyone want that you don't want your share price go up because at the end

of the day retail investors are looking at the appreciation everybody now the retail retail investors are untruthful about it well that's true that's true everybody is pretending like it's all about the dividend but at the end there is all about capital appreciation for the big man where you get from it any money you make from it no i'm just generally any money that you're you make from a company or any money that you're there for and you make it that's that's your value if you didn't for dividends if it ain't for cap gains it ain't for cap gains my goal is my goal alright

for example I said okay you know what I'm gonna take my my 30% a soul

and the human in me after I said Jesus cry my man if me did this whole a little I understand

he got $2.40 and me say man look at that man money and then. I understand he got $2.40. I said, man, look at that money. And then I have to analyze by myself and say, look, man, you set your goal. You make your money. Leave it alone. The earnings call was done, I think, on the Wednesday morning.

And immediately after the earnings call, come down to $1.90. I said, look at that. All the profit that you would have had would have gone. You would have to sit around and try to wait again and speculate what is happening. So you meet your goal.

You get out of there. Analyze again if you need to and get back in if it's a company that you really appreciate. But you can't work for it. You will have unrealized money. And that's fine. If that's what you're

there for, that's what you're there for. You can always borrow against unrealized money. Many ways to benefit from this thing. Just make sure that what you want to actually realistic in the place you put your money. And make sure you know that more than just the man says share says shareholder or anything like that or something on his best opinion i said typically the stock the share price goes up when you go some more sometime

i don't know about 1978 with a very different market than the one they have now so a different level of investors you have in our market you know they're not think like those persons back in the past times change people change times change so the money must change right and the idea of people determine stock price not come not the company not the ceo people are we trade yep so yeah billions and stock price still not moving i think you look at the copyright strike no copyright now he mentioned, you know, after the earnings call,

something fell to one night. That was RPL. You were talking about that, Alain? Yeah, yeah, yeah. Oh, Alain. That's another thing that, it's another thing that I've been watching for years. And let me point something out.

At some point, at some point on the local market, it is going to get to a point where things like that happen something is said something is said on the news something comes out and you're seeing the effect same way me personally i don't see that not that it doesn't happen one every one every no one then right not even that there are one-off examples of that happening. But the truth is the market is not that reactive. It has gotten faster, but it is nowhere

near that. Still slow. Yes, probably. Now, I said that to say, I don't know that the earnings call happened and it went down to 190. Another thing that I think we don't do a lot of in jamaica

in in the finance circles the popular finance circles we don't actually tag actual causes to their effects we look at the effect i would pick a cause that's so nice yep anything close to it anything that's all night the thing to say it's phone financing yeah man i hate. Anything that's all night to say is phone financing. Yeah, man. I hate that, man. That's exactly why that thing happened. GMMB or... I will ask about GMMB. I can't pick something else. GK. They did it for themselves. Yeah, they did it for themselves, right?

No, I'll use GMMB. GMMB fell because of COVID. Did they? Or did they fall before that? Or did a lot of stocks start to fall around the time of the Trans-Jamaica IPO marketing, which would have been before then? But a year on, two years on,

people remember it as COVID. Yeah, man. January 2023 will be remembered as oh ssl regardless of any other factor or ssl we do a lot of that on the market so oh the earnings call in the morning no isn't it more likely that the results came out the the the day before the evening of the of the no sorry no no no sorry not the earnings call the report the report yeah the report not, not the earnings score, the report. The report, not the earnings score, sorry. The earnings score was after.

It was the actual report. And they made more in revenue than they did in 2022. However, they made less in profit because they had the overheads. Administrative costs went up said i thought they um the profit but people are actually speculating that listen rpa is going to balloon you know 400 percent and everything is going to run away and it didn't happen It didn't happen. Who said that? Sentiment.

Nobody named sentiment. Who said that? We are in different chats. I listen to what people have to say. You don't just make comments. You have to listen to because those persons are actually part of the market. And you have to pick up and see what their views are on companies because you're actually

trading against that same individual no I thought you were trading with trading with not against with well yeah trading with sorry trading with so you know you pick up on the the sentiment in these communities and you realize

I didn't know that was a popular sentiment I didn't know that was a popular sentiment. I didn't know that was a strong expectation. It's one of those candy and people trying to compare it with a Fesco. You know, Fesco was trading for a year, you know, and then war and $7 and,000 millions. So, you know, everybody have that kind of, most of us have that kind of idea that we move like a festival. There's two different companies.

You know, you're talking about one that has billions in their account, a giant, and one that is just in their learning phase. Hold on. On that point. On that point. on that point on that point

on that point where are the lasting points and then at the end of the day good news I sell again because it's the

best to come out best recorded profit ever look at the share price where is it now $4.50 or something like that I mean some would say that all the profit is up to the price profit ever. Look at the share price. Where is it now?

$4.50 or something like that. Some would say that all the profit is up so the price is down, right? If we were going by the same or this happened to this happened. You have to look at everything about a company. You can't just have one thing in a vacuum and expect the price to move because

you want it to. Hope it's not a strategy no yeah but that might make two cents you know give somebody else a chance to come on and come express themselves all right yeah man thank you guys thanks for calling in I appreciate the conversation. That's all. Yeah. I don't feel as Randy. Randy?

Georgia. Joe, I want to see you back. You're finishing up what you're saying? Go ahead, Tita. Yeah, man. Yeah, man. man yeah man we didn't finish we finished from there so all right are you riding on or something um i have other things that i'd like to share but i'm not right now because i mean i've added information as i tell the information as mr the wife i now work so so well so yeah well that's how i run the wi-fi jump out to take one more time for him if not then we just pick up another car

randy randy yeah man are you hearing me yeah man'm hearing you. Everything's all good now? Yeah. Well, sorry, Tim. But I know that audio, at least on our side on Twitter, is good. So I really don't want to screw with that. So I'm trying to sort out the YouTube. But I'm listening to the conversation.

I'm jumping in from time to time. So I don't know if he was. Was he finished just now? He didn't finish, my friend. Okay. I don't know if he was... Was he finished just now? He finished, my friend. Okay. I'll pick up, Alain. The pajama man is back, but the brick cutter himself is here.

In the meantime. Alright. Dr. Brick, all gone. Dr. Bill. Dr. Brick. all gone. Dr. Bill. Dr. Brick. Dr. Brick. I like that one. All gone.

What do you want to market this week? Boy, the market is continuing to market. The Minister of Finance made a speech, man. Budget. What am I saying budget vibes i think um no wait wait take it wait take it from that in relation to the market or investing generally he said a few things um relevant to the market i i i can select a few of them out. One interesting thing that I

one interesting thing was that horses, horses, horses there is going to be a tax relief on or removal of the tax on importation of live horses

which sounds kind of boring but it's a big deal for the horse racing industry and listed companies associated with said industry. I had actually, on hearing about it, you know, the research carrier too,

the fact that the Racing Commission and the Groomers Association has been calling for that. That tax to be removed for a while now. Which is... And it has implications for the... Well, again, just based on research Again, just based on the research done after hearing about the tax, they've been calling for it because there's been some decline in their ability to,

to, what is it? To breed horses. And one of the things I found interesting was that Solomon Sharp in an article had said that they've had the capacity, the Cayman Park and the surroundings, I guess, the stable, the various stables, the various owners, they've had the capacity in terms of, it sounds like size,

to have more horses and thus, and also better quality horses. I would imagine that better quality horses would come from, you know, X stable in in this probably in the states and um and therefore but they caught but they would cost more but if you take the take the duty off of it or if you take the tax off of off of those horses then you're able to bring in better quality horses at a cheaper cost to you overall and therefore have they spoke about having more races that K-Manners is not operating at capacity. Now, as you may know,

since Supreme Ventures has taken over K-Manners, initially when they took over K-Manners, K-Manners was loss-making. And despite the tax, tax is still there currently they are now a profitable operation and adding this boon over the medium to long term I suppose

the industry itself would see a benefit. The industry itself would see a benefit. They'd be able to attract more international, international guests, international

audience. Audience. Yeah. The quality of the product going up. Correct. Correct. It's a long way to say that

I think SVL is... Sounds good for SVL. SVL is going to benefit from that. And SVL may not be the only one. SVL and I think main event probably has some hazards. It may have been strong ties

to the thing there. Yeah. To Caymaners right now. Strong ties to SVL. So they're one of those that will eat from any from the betterment

of that. I mean just generally yeah. I mean if you really just think about it a bigger bigger hospital

in Brodo just Yep. That's in some ways operates I tourism exactly as a husband if not is actual tourism in some cases actually stories so yeah some good things will come from that definitely yeah man yes we'll eat yeah yeah yeah well from the budget you have to look on? You know, you're not direct nice or something like, yeah, man, the market

has got to eat from this. Everybody in the market or most people, enough people in the market have got to get something good from this. Anything like that? Thinking about it. Everybody was hoping to hear about the thing that says the junior market limit increased. Correct, correct correct correct nothing yet nothing on that yet so nothing from minister clark but i mean when you hear from true mr berry said that he didn't expect it

maybe he's right we'll'll see. Maybe not this year. Here's on House Riders. I really want that. Yeah. And the arguments for it are in it. I don't see the... I know you're saying some arguments against it. Against it, exactly.

Against the tax break? Increase the June market limit increasing the market limit ah you hear a sense of argument against it no but you know I always like you have to steal money arguments

you have to make sure that you know you're not just I don't know I don't hear one I don't know what to say I can't hear one I'm thinking about what a good argument

against against the market from what I think against tickets increasing the the market limit the junior market tax break the tax break or okay the capital the share capital yeah yeah there is um i mean i can't i can make up something and it's on the theory it's a it up something it's against the whole theory of this thing okay I don't agree that more taxes

will be collected from companies be able to come to market I don't think that's a good argument the only thing I see is the opposite side and disagreeing in theory that's all cool we're just shorting the government of tax revenue if we allow companies to then if we increase the capacity for companies to raise

then you have that much more companies that can come to market we need to come to the market and then give up tax give up taxes for the next five years and then half of it for the next five years. And then half of the five years after that. That's the only argument I see. It's very often a political argument. Or just I disagree in theory. And one proven to do that thing already. Next one.

Then, yeah. It didn't get... It was what was going on before and we all know if there's a positive change after something then I can't really say I can't say much of an argument for the thing that was happening

before if the positive only come on the basis of the thing that happened I don't know I'd know i i'd like to i'd like to think that i i don't know i wouldn't call it a good argument i don't think it's a good army i'm gonna say i think that's the argument i hearing yeah i think about what as in just the tax break just yeah it's just a tax thing then doesn't this doesn't it oh your boy government going to cut the survey renews the revenue and there is no guarantee that after this happens, they'll do it.

It does. I don't know. I've just not seen it. I've just not seen it as a good argument because the numbers are clear. The numbers are there. Yeah.

The company's over the 10 years. I actually I don't want to see the benefit. I want to see the I want to see what the person that says no. I think this is a bad idea.

I want to see an argument outside of that. Because so far I've yet to see anything that really of that. Why? Because so far, I've yet to see anything that really strong. It's just what I'm disagreeing still. Or politics, politics, politics. Yeah.

So that's the thing, you know, I'm so wary of of even making someone, because I feel like I'm going to hear it back

and I don't want, I can make arguments for it, I don't think they're sensible, but, they just have to be convincing. The point of the argument, that's it, that's,

convincing is just sensible to somebody else, right? It just sounds good, I can make it, sound good, and if the thing I want, it sounds like, right? I don't think that's a good actual

sense of, yeah, man, this sounds up to the test, I'll be able to see why. Yeah. I just don't understand it. I'm very wary of giving good-sounding arguments for something that I don't understand it. And I'm very wary of giving good-sounding arguments for something that I don't believe in.

I'm very careful with doing that. I've learned my lesson. I've also learned my lesson because it will be, you will hear it and you'll hear that you said it and I don't want to say it. But I'll give one okay one, just a strategic one. I do believe that elections are what, two years from now? Mm-hmm.

Why waste it? You have to give something away next year. Yeah. All right? So why waste it? That's probably the strongest argument I can think. There's other arguments that I know can be made but I don't

think that they're correct or sensible they can be repeatable I don't think they're in the best interest of Jamaica in the short or long term you see one thing now and again you see one man series and then you see a party caller go up and say

boy financial analyst randy rowe you that yeah i i feel safe from that because i feel pretty sure that um they wouldn't call me financial analyst market commentator something yeah yeah but financial information but imagine you ran this thing you get that thing they get that you get a run this you know politics run that check oh god no no I don't want you

to do those checks I'm good I'm good but I do care about like the election happens once every four or five years and then

every four or five years we have to live I care more about every day than the one day but like I said I think one of the strongest arguments for not doing it now or five years we have to live. I care more about every day than the one day. But like I said, I think one of the strong guest arguments for not doing it now is do it

next year. You can't waste all your political ammo now. Do you think it's strong political ammo? I think everything goes. It could be spun as such. you think of the strategy of not all of politics is carried out on

primetime news or in the streets yeah I think I think everything counts I think everything counts. Yes, I agree. Yeah, I think everything counts. Oh, God, it's terrible getting old and wise. I hate it.

I truly hate it. But the alternative is to either be dead or stay young. We don't know what to do. We don't know what to stay young. But yeah, I can see political expediency in delaying it and not utilizing all of your things, including, I mean, if you think the 500 limit is choking what could be done now, then it's almost really going to be choking even worse next year, right? Or the year after. Australia going to be choking even worse next year, right? Or the year after. So, yeah.

I think there's political expediency not using it. But I also don't know if that's a reason for it having not been done. I do know that I'm 100% against the removal of it though 100% against that yeah I think that needs to be said strongly it should not be at that point you actually hate Jamaica still to me it does seem like

it's beyond the proof now so you're just putting politics above whatever it's the opinion of politics boy this guy do something and say something i have to disagree with on principle because you know how in care right exactly yeah a lot of that happens but for this junior market the removal of the junior removal yeah imagine doing that 100 against it yes sir yeah that i am that i feel very

very strongly about and and of course any reduction it shouldn't be reduced either yeah but oh god oh yeah actually oh god i'll be i'll be personally upset anyway less politics more um progressiveness jesus not progressive no no no no, no. No, no. No, no. No, no. No, no. No, no. No, no. No, no. No, no. No, no. No, no. No, no. No, no. No, no. No, no. No, no. No, no. No, no. No, no. No, no. No, no. No, no. No, no. No, no. No, no. No, no. No, no. No, no. No, no. No, no. No, no. No, no. No, no. No, no. No, no.

No, no. No, no. No, no. No, no. No, no. No, no. No, no. No, no.

No, no. No, no. No, no. No, no. No, no. No, no. No, no. No, no.

No, no. No, no. No, no. No, no. No, no. No, no. No, no. No, no.

No, no. No, no. No, no. No, no. No, no. No, no. No, no. No, no.

No, no. No, no. No, no. No, no. No, no. No, no. um british really just reviewing reviewing what happened throughout the month of um of derby yeah and and the month of the anniversary of the june of not the junior market but the stock market stock market yeah yeah man the stock market the stock market uh started the jc started in february a long long long long long long long time ago um maybe i'll

give up i'll give a price anybody can come on and tell us the exact date that the stock market started the date of the first trade on the stock market i give you a grow discount to the next grow or to whichever grow you want i give you a personalized discount to that um But yeah, it's, I guess, the birthday anniversary of the stock market and also the second month of 2023 and we had quite a few interesting

things happen this month. When did that terrible that ex-broker who should not be named happened? Was that January or February? February. February?

You sure? February? January, January. I think January started. January came out. Wait, wait, wait. The start of it, yes. They lost in January, in February.

Started everything January. Came, yeah. I mean, when the news came up so february was the first month um post that and and um the market certainly reparations yeah yeah yeah i think i think there's an obvious slowdown in the market in January and also in February. But I don't want to say that without being 100% sure. But what I do know is that we had a lot of... Sentimental affective?

Yeah, man. Sentimental affective every day, right? But we also had a lot of rising stocks and a lot of falling stocks for the month of February. I mean, that's common, right? Two-way can go, you know, for the most part. Yep. But I'm saying that just to try and get this thing to display, which is just showing the rises and the falls for the month of February.

What was the biggest gain of February, do you think? From February 1 to, from the start of February to biggest gain of February? From February 1 to the end of February. The Trinidad stock itself. What's a Trinidad stock? That's right. The number one rising stock for February 2013 was Palace Amusement, which rose 80.45% from the start of the month to the end of the month. Second was MFS. You can't call them a giant because they're certainly not a giant. Maybe a financial starting company, that's a company that's on its new start, a new financial road. Ended the month 31.6%

up. I don't want to read all of these out. The people watching the video will be able to see it in a second. In one second, everybody can see it. And then Cygnus USD, 21% up. SCI USD, is that one of

the Cygnus that they put out that they're going to be delisting? USD 21% up. SCIUSD, is that one of the services that they put out that they're going to be delisting? No. It's SCIUSD not SCIUSD GMB. So yes. So no.

Okay. RPL 20% is a fourth main event 18% was a fifth main event as an interest always spoke about it quite a few weeks actually one week we spoke about it because of I say that lag that investors or on the local market often have. Investors on the local market often have. I've seen some sweet deals on that one. Today was interesting. Today was interesting. Why do you say that?

It ended the day. It ended the day. It ended the day. Word. Interesting. Not half that trades. That is interesting. Yeah, I was looking at that.

Who is that? Phil just now? Phil, are you seeing? Yeah. Yeah, man. Day before yesterday. I think it was day before yesterday, a few buy orders came in between like $10.50 and $12.

And yesterday was kind of quiet. And then today, at one point during the day, there was one. Sorry, say that again. Sorry to cut you, but you said the day before yesterday, a lot of buy-out came in at what price? I want to say a lot, relatively. Between $10.50 and $12.

Are we talking time or price? Like $5 or $6. Oh, price, $10.50 and $12. Okay. There was one, the biggest one there was 45,000 shares at $11. And today, just today. So I was looking at it and I was saying, well, with all those orders there, I wonder if the reaction will be that the orders above it will be bought.

Like the sell orders will be bought or if somebody is going to sell into it. I was wondering if... So those were buy orders, right? And then today there was a sell down into those orders. So the patients, the patients worked for those buyers. Some people aren't, there are some people out there

who aren't waiting. I know I have said I've bought and I keep buying. I'm going to stop buying right now. I've been buying, man. I mean, I don't even want to go to... Listen to some of the earlier Brick Talk. Listen to Brick Talk last week or the week before.

We've mentioned it quite a few times as to why. I think it's... week or the week before the week before we've mentioned it quite a few times as to why i think had done it no problem um yeah we've had we've had quite a few had quite a few um conversations about it and why we like it so i i don't want to go to repeat it but i mean everybody's outside again and main event is i don't want the king of outside you're doing anything over a certain size anything over a certain size um main event is just that i know not only a no-brainer, I gather mandatory. Certain things

just can't be put out than being involved in some way. So yeah, that is one reason. And I guess, and we've been saying that for a while, and the stock isn't really anywhere heavily past where we have been saying it.

Right? So. Yeah, big fucks, which is an opportunity. It's an opportunity for me, as I keep buying. Yeah. Yeah, I don't get to do the

Q-watching to the level that you guys mentioned or shout out to everybody in Trinidad. I don't get to do the Q watching that you guys do so I don't always get like which order is whatever and you know my personal investment

style is I'm not really watching the Q like that I don't need to the Q is unnecessary for 99% of the things that people do even though they love to watch it's busy work they love the way that you know pay attention to the busy work. They love the way that, you know, in attention to the busy work of the Q feels.

So I will not that, but let's just say I keep buying. I continue to buy happily. But yeah, that's main event, which was the fifth largest rise in February. I see we have Daniel you're back right You can hear him Yeah I'm back I'm back

I'm back Alright perfect I don't want to lose Two people I see we have Jared Work and play Mixtape out now

I've seen a couple of tweets About that mixtape I don't get to Mixtape myself yet But it's good And Daniel Jared I'm going to have Daniel. The night is rich, man. The night is rich.

The night is rich. Black pineapple. I wonder why the night is rich. Good night. Good night. Me say Daniel and me know. Randy, I almost cancelled my speaking request, you know. You gave me cold feet, man. When I'm again, when I'm again, big money my speaking requests, you know. Like, you gave me cold feet there. Wait a minute, wait a minute again. Wait a minute again.

Big money is quiet. Ah! Wealth whispers. Wealth whispers. Funny stuff. Funny stuff, you guys. But yeah, I wanted to answer the question. February 3rd, 1969.

You were asking when the JSU started, right? Yes. February 3rd, 1969. You were asking when the JSU started, right? Yes. February 3rd, 1969. The actual question was, when was the first rate? How do you know that? Yeah, you know. No, I'm not good on Google. But it's on their website.

They had a whole feature. They had a whole feature and stuff with these cool little write-ups and stuff about the JSC. And it was mentioned in there? Yeah, yeah. It started operations on that day and literally where it was started, et cetera, at BOJ. did etc at BOG. Okay okay okay uh sorry give the people some of that history by the way yes thank you you're the first person to come on and tell uh when did you when it started uh i wonder if i should give you that because there's a little technicality

around it. But go ahead. So the JSC started its operations on February 3rd from the premises of the BOJ, Central Bank of Jamaica. JSC is the first stock market to be established in the English-speaking Caribbean and remains the only securities exchange in Jamaica. JSE Composite Index, the market's main indicator of performance. And they have like a whole timeline. So that was 1969, then they have 1992, number one. What was the stock market before that? market before that? No. I'll leave that one for somebody else to win another prize.

What do you want to be? What do you want your prize to be? What do I want my prize to be? Hmm. What do I want my prize to be? Hmm. A beginner girl session.

Sorry, I mean, yeah, yeah. I mean the discount. Yeah. A beginner girl session. Oh, you want a 100% discount? Yeah. No, no, no. You look up ambition.

She doesn't sound like she really means it. Of course. Have you done girl already? Yes, I have done girl already. I have done girl already, but I definitely feel like I need a refresher. And, you know, Bible says ask for what you want, right?

Straight up. Bible says that? But actually, the Bible says ask and it shall be given. That's what the Bible says. Who never say must ask? Stop marketing God. Stop marketing God.

It will work. The Bible does say that. And even worse worse i have said on here that i was wondering why nobody has ever asked a hundred percent i do listen i know i know so you catch me just you know which which girl you want to go to? The split or the full? It's the advanced grower, man. Shut up, Madonna. No. No, I already have a grower.

I can't only help you, Daniel. I'm going to brand it a little bit. Advanced grower is specifically focusing on a circuit breaker we're revisiting the circuit breaker because i realized especially because of palace it knocked a hole it looked a whole heap of people for six and when you talk to them we actually we were talking about it at the start of this episode when you talk to them you can tell that they don't really know. Big up Shan. Shan know. Right? Shan know. So she writes that thread.

And I think for that thread, it reminds me a lot of the things that I write sometimes or say, like how I speak. Same thing with Dana. Sometimes when Dana and I are speaking, we'll say things that we understand the meaning behind it. And it's not necessarily the meaning

that everybody else gets. So Sean spoke from a perspective of understanding the thing. And a lot of people just read it and ran with it, and a lot of people get burned. So not just for Pallis, but Pallis is a good case study. And the other case studies will go into the circuit breaker this month at Advanced Grow. But thank you for not asking for Advanced Grow. What? Wouldn't you be happy about that?

If she had asked for Advanced Grow? She don't pay your fee. I would be very happy. But I'm also happy to be able to stick to my word. You can get your beginner grow refresher session. DM me or just message me and I will sort that out for you.

And I should also like I said, I want people to come on and actually ask whenever they want to get some. Because while you were answering, realized that um I don't want to get it wrong I realized that Colette Smith also answered uh and she's she I think she actually wrote her first because she wrote it 13 minutes ago but she didn't come on so Colette I want to give you a

price so Colette if you do come on and have a conversation I will try and and I probably requested 13 minutes ago too you know you nearly met me no bother oh gosh and I wish you hadn't bothered no I'm joking I'm joking no no no absolutely not you know I'm joking you know I'm joking you know I'm joking I like to I like to play around however since you are here and I'm happy. No, no, no. Absolutely not. You know I'm joking. I like to play around. However, since you are here and I'm happy that you did that and you've won a prize, you also pay the price for it. What do you...

What was your most interesting stop in February? Let me not say what has been said already I mean obviously Well not obviously but for me it was Palace But you know we kind of spoke of Palace already No but tell me why it was for you I mean that's your thing

We talk every week It was interesting based on the stock split, you know, and the rise in the stock price based on that. The various commentaries around, you know, that whole thing was also interesting. You know, the fundamentalists, etc. Oh! Yeah. Said that the stock split does not increase the which is you know we know that that's true but nonetheless you know the price was was was pricing um so

that was quite interesting and and quite um profitable um so yeah that was, that was fun. That was fun. I like that. I like that you enjoyed. I like a lot that you enjoyed that. And I want, how do I put this now? But it's good that you learned from it. Did you make money from it? You got out? Are you one of the people still stuck in Palace? I still have money in there. I still have money in there. But definitely benefit. The answer isn't, oh, I'm stuck.

It's a money day. Oh, yeah. Very different talk there. Trust me. Yeah, man. Yeah. That's how it should be. Rich talk. Yeah. I mean, probably Wednesday last week But, you know You have to reframe and shift

And, you know, what's next? What's next? Where do we go from here? You know Yeah, so that's a short-term play for you then when did you get into it um so i was in and out um i was in and out i don't remember the exact dates but um i would have bought like closer to when the announcement came out.

I think that was the 12th of December. If I remember correctly. Yeah. The 12th. It was the 12th of December. So I would have bought a few days after that. Went in at about $1,300. $1,335 was my average price at one point.

And I would have sold all of that. And then I went back in closer towards the date of the split. Rinse and repeat. Try nothing, you know. Aspiring, terrible. I really like that. I think for me, one of the interesting things about Palace is even though it was the number one game for the month of February, at 80%, 80.45, 80.5% profit. There was greater profit within the month.

Yeah, if you sold at the right time. And there's a profit over also. Yeah, there's a profit over. In fact, I'd add to that, the funny thing is, I don't even know if measuring to the 28th of February, the last day of February, is necessarily the fairest measure because I don't know if people could

really have sold on the 28th. People were able to sell on the 28th, didn't they? 28th is record date. So people sold that day. Yeah, man, people sell on the 28th. But some reversals did happen

on that day I believe and that was that was awkward the reversals everybody was then confused about why that breaker thing you see brother

the stress of that breaker thing yeah the 28 the 28 had had people selling as high as 788

788 yeah 788 and and um and yeah it it As high as 788. 788, yeah. 788. And, yeah, the break-up thing is stressful if you don't know it. Is this the first bring talk since? Since when? Is this the first bring talk since it? No, we had one on, I'm not guessing.

We've been talking about Portsmouth last year you would have had one on the 3rd so we had one during the reversal time period right we talked about it in January I'm sure yeah we spoke about it in January and I know we've seen the ending of the play because

I don't want people to think in that way about it but it is post split right now. So post split and, and yeah, post split and, and it depends on how you go, how you think of it.

No, it's down or up, depending on when you bought it, but it is really, really interesting to me. And it's interesting to me about on when you bought it. But it is really, really interesting to me. And it's interesting to me about what it means for the market because a lot more retail players in the market now. We are a lot more involved.

And I don't know, at least in my time paying serious attention to the market and the entirety of the market, I don't know that there's ever been a time when there's been this many people who pay serious attention to the market and the entirety of the market. I don't know that there's ever been a time when there's been this many people who pay serious attention. Yes, so like having a conversation about the circuit breaker. Ten years ago, well the circuit breaker was a lot different 10 years ago. 10 years ago, you don't know that. It was. Yeah.

When could we do more? I mean, 10 years ago, the MMB was about with the thing there, with Moneyline. Yeah. So, we were putting in orders and somebody would tell them, say, to break up InEffect right now

because there was no, nothing I'm watching online to know this really. That's true. Ten years ago, there would have

been no JT. That's great. Oh, God. That's funny, you know. It's funny how, because of it,

because I said before, when I just joined, it was just money line that was running the thing. So I think about why, how much we're just missing being able to take that. I think of how much trust is there just on how things work, how things are happening, because people can't see the Q. Yeah. Think about how much attention people pay to the Q now.

Uh-huh, yeah. Q doesn't exist in anybody's mind before this. Yeah. If it's all, oh, this thing in the Q, that thing in the Q, they couldn't say Q before. No, I'm putting a trade on him. Man, see, a trade go off and everybody put at that price because, yo, we're hoping for a price to be get a price.

Yeah. Ask a broker and a broker do it. There are so much more unknowns so many more unknowns and blind it's so funny I don't know if you should be well I shouldn't say

I don't know if you should be able to the queue but it is a big deal that you are able to see the queue let me put it that way because in other markets

you have to pay for that sort of access what you get yeah being able to not only secure debt but also remember we thought we got away with something when we first started what's that well i mean for there's a time period when most people who were active still weren't really on JTrader. And I share it, you know. It was, are we supposed to be able to see this? And the thing I remember,

I think on the broker's reaction, the brokers were upset that what people are able to see, and they would argue about what's on the queue and act like it's not there, light here, basically. Because, yo, these guys really got away with this. These guys can now actually see

what's going on and have a real conversation with us about it. Brokers used to lie? Bro? It's not a new thing. No, man. Used to? Used to? to yeah man you call in

and you say I see the order on the queue no it's not there what is this queue thing you're talking about you shouldn't be able

to see that yeah yeah now look where we are now my money JA you can analyze the queue deeper you can see exactly

how much money is there say that again Daniel when was that when was it that when was it you can see exactly how much money is there. Say that again, Daniel? When was that? When was it that we're talking about? Yeah, like 1991. No, no, no. JTrader is 2015, 2016.

2016, okay, okay. Yeah, 2015, 2016. So JTrader is very, very, very recent. Yeah, man, I know. I'm just messing around. But that's kind of crazy, though. Yeah. Yeah, because I think, no,

I cannot trade without my money, J.A., and what it shows me. Now, imagine... That means me can't trade out q now i mean i started about like on my money ja like yeah man like this move where i go and i check and analyze what you're costing to move in the queue and all of that i say exactly how much you are costing based on my broker i do that right now yes, yes, I agree. Yeah, that, I can't do without it. If I don't have it, I still have to do it on paper, Excel, or

whatever. No, if I can't live without that, imagine living without the queue. That's what I was saying. Every time you take a step forward, when people look at the step back and say, John Oster, going back to that, that's terrible.

Imagine really getting up and saying oh five and seven i want i i'm fine i think i can tell you think about seven dollars up about that six hour and me does no no no sister today yeah just i guess all right today's a train down and if you never catch you know anybody getting a ticker it's a fly part so you see trade you have to see trading down suppose the last trade is five something and you say yeah man but in reality

everything was at four except in your one trade that you make a decision based on yeah

I remember asking remember my first time I said yo if you get the thing they plug in

the JC whatever would it be able to track every single trade as a fly pass because we want to know what the VWAP is before they get done?

Imagine that. That was a question I was asking. Because, yo, where am I going to know what the price is going to end? What am I going to know what trade is happening? That was... Wow. A crazy, crazy, crazy time. The dark days.

Thank you, JC, for getting us out of those dark days. I don't know if I said this, by the way, but one second. I don't know if I said this, by the way, but I do want to say, well, I did say that if Dr. Smith jumps on, then, yeah, she does have a prize waiting for her also. I heard somebody just know about Jared. Was that you, Jared? No, it was me.

Oh, Marcus, what's up? Hold on one second, Marcus. We did skip Yared, so let me unskip Yared. Big up, big up. Big up, Yared. What's up? I relax after a very long day. Taking

the Friday vibes from Brick Talk taking the things that the portfolio can afford to eat how's

everything what's going on in the market last week was your weekend this week

too what was it it was what's your most interesting stuff for February?

Risers and Fallers. I should point out, we haven't spoken about the sinkers yet, but there were a few sinkers. Led by Margaritaville, Turks Limited, at 28%. And second by Blue Power, third last, Co-Financial. Fourth, ISP, that's interesting and select mb fifth sorry to cut you just one year but i wanted to get that out so yeah your most interesting stuff so um right now what was actually most interesting for me was rpl yeah yeah because they had they had they had that big dip um when was it march march 2nd

march 1st march 2nd and i was able to catch to catch some of it and i was looking you know i was looking at i was looking at small gain in like three months which was oh yeah I was looking like a 10% in three months and then it it's not no man's quite afraid man say it's not you know you're someone up here nine percent brother yeah that was not small you can borrow money not a temper a 10 know imagine imagine taking a loan at that 10 percent every three months would you take it what do you mean what do you mean if somebody say yo i have a loan for you this is good and if you borrow this money it's 10 percent every three months 10 percent every three months i I mean, I don't have

the level of money, I think, that would make it attractive to me. No. So, no, I wouldn't take it. You don't go to the bank and get 15% loan, right? If you're really looking for that money. One time. And, bro, you know, team banking different. Team banking different money.

I don't know about all that but yeah this is not the brown man that you're looking for but yeah so RPL before you even touch the RPL it's a serious point it's a good point that I pointed out

10% is not small 10% is not small. You're making that small 10% anyways. Yeah. 10% is not small. All right? The industry, the fact that you're here, we're talking about industry. Industry would love if they could do 10%. A compound annual growth rate of 10% on their portfolio for five years,

it would be massive for them yeah that 10% is a massive amount we have been spoiled by what the local market has yeah no all right no i realize you know i'm just i'm just i'm just giving trouble you know it's funny because when um when i was at the work and play live concert um and one of the people that's an ad no no no no it's not it's not an ad i was i'm just i'm telling the story about like when one of the people no no no no it's not it's not an ad i was i'm just i'm telling the story about like when one of the people from vm was talking to me about you know about their wealth products and thing and i and you know they were talking about you know the bonds and unit or something and i kind of and the lady was a bit taken aback when i told her how much

how much i was up um since the start of year. And then she was still trying to say, well, you know, you should park the gains in somewhere safe, like a bond. And she's not wrong technically, you know what I mean? Because it's, you know, I think that depending on like how easily you can get in and out of the bond, it's like, it's a nice, yeah, it's a nice parking space. Agreed. Agreed.

Agreed and I agreed for the reasons you've mentioned. The bond she was speaking about was from VM, so it's going to be listed? I don't believe it's going to be publicly listed. It's going to be listed on the private market. Yes. I think it's like 11.25% before taxes and the minimum buying was a million.

And it's not going to be listed. If it's not going to be listed on the public market, then... Yeah, to me, you're never going to get anything about it. But I take what I get. You're almost certainly never trading this thing for anything you want. Your ability to trade that in the way you want are the best i mean it's fine if you buy it and hold it if i think that's if you're looking with that outlook then you're fine good to go yeah it's just you know i'm not i'm not i'm not at the level of money yet where i where i have that kind of

patience you know it's you know so it's not that I don't think it's a good option or whatever. I just, you know, that's just not within... Yeah, it just don't match my personal investor profile based on, you know, based on the amount of money I have and, you know, the kind of time I have to pay attention to the market. So, yeah.

So RPL had that big dip March 2 second and i caught a piece of it at 188 big march second okay so you got you got it at the lowest price it's been since the start of march it would it would appear so, you know. Unfortunately, I didn't get all of what I wanted because I was trying to get it at one price instead of just buying what was available in the queue.

But, yes. That's something I can listen to. We've spoken about quite a bit. Yeah, definitely. When it happened, i was kind of like it was kind of you know echoing in my head you know i mean things that you guys have said about not sitting in the queue and all of these things because you know there's no guarantee that that after it dip it's a go trade back at the price because it could just be one big order

that waved down the queue and then a bunch of people start piling on and you know um that kind of thing but yeah so i mean i got i got i got a i got a nice a nice piece at 188 and i was saying all right cool you know i think you know i think i can get well i would like to get% off of this in three months. Just almost as an exercise, you know, to kind of soothe the burns from Palace and Market Control doing the thing. You really don't want to say it, you know. What? I can hear the pain in your voice because I know you don't want it you know what i mean i laugh with that i can't really i can't hear the the pain in your voice because i know you don't want to say uh no man no man i'm paying man and i'm i'm like

like i'm a little embarrassed you know i mean but not but not in a way where like i felt like it's you know it's the worst mistake ever. It's just March. I can make back the money. Or I can make the gains I was looking for. I mean, yeah, it hurt. You miss it. It hurt because obviously I spotted it from a long time. And I was in it with a significant portion of the money I had.

of the money I had and what I guess what hurts the most for me was that there were certain mistakes that I made that had I not made those mistakes I would have met my I would have met my goal earlier what would you say those mistakes so so from December 12 when when the notice of the board meeting came out, I started buying. And my goal was 100% by around now. As in right now? No, man. What did you want to make? So when you were buying at the same time, why did you not get 100? Say that again? When you were buying at the same time so um you're not getting 100 say this again when you were buying same time when you get 100 well um i'm i mean same time means like around the same time but there was a lot of

ignore deny for a second yeah to answer questions that I can understand and the people watching and listening can understand. What price would have been 100% for me? Yeah. Just under 3600. Which is pre-split. So you don't want to start? So basically,

did that happen at all? Say that again? Did that ever happen? I mean, yes, it happened, but I wasn't able, I wasn't able to actually,

I got, you know, I wasn't able to actually say. What do you mean? Post-split? Um, well, post-split,

I mean, it happened post-split? Yeah, it happened post-split. Oh, okay. Yeah, yeah, yeah. Makes sense. Yeah, yeah. Right. So, yeah right so yeah but yeah so the mr so the mistake well one of the mistakes that i made was that i stopped but like i had a period of hesitation after the first run up when it went up from like the 800 to like 1700 and then it took a dip down to like

you know the 1400 1200 region so at that time what did you hesitate on i hesitated on one exiting another position that i was in to get more to get more money and two i hesitated on just to get more money and two i hesitated on just buying at that time when it made that first dip after the first run up so and if i had kept buying in the 1400 region my average price would have been lower and i would have been able to get out before the split with my goal because ultimately you know i wasn't so concerned about being in after the split i just wanted my 100 so whenever that came i was gonna hop out yeah so my first mistake was that i stopped was that i i hesitated on exiting my other position and buying so by the time i got over that that that thing within my arm within my own head um i had started buying again like in the 1700 region and so i think one of the mistakes that you also made is around the process they're

all linked one you should never be embarrassed by this yep you are you are miles ahead of most investors in Jamaica. Industry or retail. You are miles ahead of most of the industry already. Practical knowledge. Most of them do actually invest. You are actually investing. And you're learning lessons that... You're learning them.

You hear Dan and I talk about if you actually still... We talk about some of the burn that you get like you're experiencing it no all right are you at a loss are you at a loss now no but you can't but still a lesson right no no that most most most def most definitely like i don't feel well no, no, hold on. Let me not lie to myself. I'm at a small loss right now. With the overall position in Palace? Palace or your portfolio?

Well, I mean... I mean, my portfolio is almost entirely Palace. It's not only the one position in palace it's since the year started i want the money put you put in into the portfolio is it less or more than what it is now oh um no yes yeah i am at a i am at a slight loss okay based on the money that you put in and well or well no so so technically technically i would be kind of break i could i would be kind of even but i took some money out today because i had to pay some bills okay so you're not at a loss you just took

out some money yeah okay so yeah the portfolio the meaning the stock the position of the portfolio is down but overall you are in game you could have pulled money out of the portfolio this slight loss imagine right exactly yeah yeah so yes no no but no but that's the thing it's funny you know because i heard i heard through the grapevine that a lot of people or like there are individuals who thought that i got out at like seven dollars something i was just like yo i wish i would say when you look at the interesting part that's a part of the process if you know the process there was literally no point for you to get there's no way to get off the same way or something exactly that's what's ignorance exactly and i mean it's all like boy i didn't get off the train before everybody hit me

it's so like like it's like making that into a bad thing yeah exactly you know like oh you know he got he profited more than everybody else what's that evil guy yeah man make it go ahead go ahead go ahead go ahead i've i've seen some of the comments and i wonder like why would you be unhappy that people are making money making money happy that people are making money making money and then i'm not tricking everybody everybody for everybody you know it's a it's a it's a it's a scary it's a scary it's a scary mentality man you know i've even seen it i've seen i've seen the the the opinion shared about you know the quote-unquote greater fool theory where oh in order for somebody to profit somebody else have to lose and i'm just like that's that's foolishness to me that's lack of knowledge the greater theory doesn't mean

fool in a bad way we're all oh yes we're all the greater fool did you buy any 1800 bro i bro i was like after i got over the mentality of the hesitation i was buying and buying and buying and buying some people some people some people asked me if myself and i'm laughing because i'm just like bro i was just buying like what you mean i'm actually asking why him don't know should i should i be should i be scared should i should the thing don't know for you? You may see it at a nice price on your money. It must be bad. Or they're using you as their judge of their level of comfort. But why I ask you about that level is because I think I want to get it right.

I don't want to tell no lie. I sold at the... This is incorrect. sold at the this is incorrect I sold at the I've got to do the math on it Jesus MyMoneyJA also

you sold at the 1400 region right? exactly so I'm saying that at some point in your investment in this play i was the greater fool because i sold my units to you probably you get and you want to and you want to profit from them exactly and you went on to perform when i sold i was in profit and you hear me talk about the fact that you're a vix because yes I make a profit But I never make the profit that I want

And you know there was more That's a big part of it Meaning people always say that They say go up on boy But me no sir Randy no I know how much Randy no splits Yeah I said because the lessons I know and didn't apply

So the lessons I gained from this, too. But these lessons are lessons that are getting profit. And I spoke about selling at the $1,400 level and seeing the thing after I sell. Bear in mind, I sold at profit. After I sell, I see it flying off. $2,400. And it gone $2,800. $3,300.

Hold on. When it was 2,800, you know, it was 100% higher than the level at which I got out at profit. That's an example of being the greater fool. Being the greater fool doesn't mean that you're a fool. It just means that you get your value, your personal value was realized, and your personal value exit point became somebody's entry point that allowed them to gain and when you exited later on you were the greater fool and somebody

else was buying and there both sides of the trade are the greater fool if you get it right there's nothing wrong with it but but the people who don't know that's one of those things like that's an example of like what banana would say to each other people who don't know that's one of those things like that's an example of like what dana and i would say to each other the people who don't know all i'm here is fool not just fool greater fool who are calling the fool and so they they don't get the lesson that there's absolutely nothing wrong with it that is an example of lack of knowledge people that say that rubbish don't make money they don't understand how to make money and some some of the people that say, let me not step on any toes. Point is, don't worry about the greater fool theory. Look it up, actually.

Look it up. It's actually a... I know there's a lot of lessons in that thought exercise. Yeah, man. It's a great thing to understand the greater fool theory. It's not a bad thing. We are all the greater food it is as it is how the market works the example the example i like to look at is like fesco for example where like the sentiment around it was so negative like before and right after the

ipo you know you know it went it went up you know to like a dollar odd. And then people were saying, oh, yeah, man, I'll buy back when it goes below a dollar. And then so there were some people who sold at like 160 and $2, which is like 100% and more. And they were saying, yeah, man, these idiots are buying from me at 160. And then some other people bought at 160 and maybe sold it back at $3 and $4. And they were saying, yeah, man, them idiots are buying Fesco for $4. And then some people bought at $4 and sold it back at three dollars and four dollars and they're saying yeah man they immediately buy fesco for four dollars and then some people bought at four dollars and sold back at eight dollars yeah i mean that's called a god speed moment you get me yeah yeah but going back to big mistakes yo yo yo you heard that yo you heard about him recommending the Silicon Valley bank

like recently I was saying to Randy recently but Randy gets it he's a great negative indicator back to what I was saying he is not the only one we have a lot of guys in the market

I call them canaries there are a lot of canaries canaries in the brick mine yeah straight exactly that so um yeah so the next so so the next so yeah so the the first mistake was that i i hesitated on exiting another position and buying more into palace after that first dip because that was that was me not trusting the knowledge and research that i had done and then the second mistake was that i was afraid to break up my play into multiple trades so i wanted to buy and keep buying and then sell all at once but i was afraid

to take some to take some profit and buy back again. The reason for that was because... I thought you were doing that actually. Yeah, I, you know... No man, that's a difficult thing to do. It looked like you were, you know... And I mean like, I don't usually have a problem doing that. It's just in this situation where...

I was going to ask if you got caught up in the play. Did I get caught up in the play? you follow him over the stock on the play no no no no no i'm not saying it ruin a goal and the setting for it but it could it could it that kind of thing like you start seeing this thing and you understand how good it can be and everything so it's like putting the money to it but then you start really it's like you're fully looking at the reality of it yeah i mean so i was afraid i was afraid to say i was afraid to take profit and go back in because of how small the float was so i was afraid of selling and then it should pass where it would have been sensible for me to buy back in so there was so there was still some fear that i was that i was dealing with

unreasonable you would doing that you would never actually know i mean very often the right move is some fear that I was dealing with. Unreasonable. Doing that you would never actually know. I mean, very often the right move is to just sit down and chill, wait. You have a good idea of what's going to happen. All these reasons why it will happen. Why am I going to do this little interim play for more fancy and get a little bit more money out of it?

And that's a sure about that next thing. That's like if I'm playing basketball and i have the open three pointer right there so but i decided to do some dribbling and fancy things like i'm on you know i mean like i'm on the the court in my neighborhood but like yeah you know i mean so but yeah so because of the small float and thing i was afraid to to sell and buy back in especially because of like the amount of units the amount of units i had at the time so but yeah so so those miss so those mistakes caused me to not meet my goal earlier when i could have sold so when when when i saw you share share your screenshot from my money jade and i mean but you can't but you can't you know i mean but

they have a fight we have a fight the bad man feeling it could become a star because you met my goal earlier than i did and you you know and you buy in same time i really thought yeah but that's what i'm saying so we weren't really buying at the same time because you bought during the period that I was hesitating. Based on my estimation. So you literally bought when I was fearful and others were fearful. And then you met my goal ahead of me. And you got to enjoy the gains and all of these things. Enjoy it, I did.

You got to enjoy the games And all of these things And now Enjoy it I did Enjoy it I did No I could have been Enjoying it the same way You were

Yeah well you're trying But it costs you more Right And then also I want to make this clear Because people always get it wrong We're not laughing at you We're laughing with you

And there's a lot more subtext that's not being said. I know I talk people's business. Danai, what did you do with your Palace games? I took a well-needed vacation. I went to Trinidad, ate some food, enjoyed some music, had a little bit of a dance. You ate food in Trinidad? No food. All paid for my parents amusement yeah yeah man yeah man i'm a bad man you know what you mean like yeah to the point i booked i booked trinidad late and the play got in like a few days after I decided, I said, okay, I'm going to Trinidad.

Mm-hmm. And I said, the news come out, and I said, oh, I said, the play there. Real goals, man. And real payoffs, boy. I mean, Randy can say that the moment the news dropped in,

some things are always, this news come out saying to Randy Because Just In my first one I know what I'm thinking What I'm thinking Just on that Yeah

And we've learned Some of these lessons before Just like Jared Yeah We learned some of these lessons And we learned how Well For me

I'm asking you For the most Efficient way To learn To get through any play And and to absorb and do all the lessons right so when you're doing this stuff with your money and what's on the other end of it is profit or if you get it wrong losses what you learn the lesson once you don't want to learn it again

definitely yeah and so what what I can tell at least from my perspective the lessons that I learn again and again and again and again, is not things like you get it wrong and you lose your money. It's more like, oh, I got 25% than I got Trinidad. Right? Yeah. And Jared, as a consolation for you, at least from my perspective, what you're doing, I think, is the best thing.

It's okay. You should back mind him a little bit. Because he'll play better than you. And you had all the advice. You had all the time. You had all the things in front of you. You can badmine him a little bit. But guess what?

For me personally, I respect and trust more you saying, yo, I'm kind of badmined about that. And move on than the people who would act like they're not. Or say. Yeah. I don't know bad but i'm not bad man like no it's not it's not literal bad man you know i mean i want the best for that i'm happy so then i go and get the money and enjoy himself with it is me i say i'm just talking about like

my personal mistakes in mistakes in this thing that i was so that i saw from time and I had the ability to do what Danai did and I was so vocal about it and now I know after the fact what I should do better. And also, I know that like... We will see if you know

what to do better because there'll be... Oh, no. No, because I'm not adjusting my goal for the year, you know. Yeah, yeah. I love the year.

Yeah. He's right. It's alright. Especially so early. The goal is the goal you know yeah it's all right especially so early the goal is the goal yeah i just i just much more have more have more have time more have time for that so going back to rpl now so after the whole thing with palace and market control and reversing entire days worth of trades i i even had a trade that started filling and selling and trying to get out some and all of my trades got reversed like after after like when the market closed so the next time to what i what i'm gonna do is as soon as i trade start to fill me i go find something

i just buy it same time so well coming short i'm sure it's the reverse I'll work the same way if I buy something Before they reverse it You sure about that? I'm not 100% sure about that I'm just speaking with emotion Trust me The girl subscriber group meets tomorrow By the poolside

We can talk about it tomorrow by the poolside We can talk about it Tomorrow by the poolside Yeah my bad mind about that too Because you moved today You full of bad mind I didn't even know it was in person So I am now Scrambling to see how best I can make it

Me bad mind Spend some of the Palace money Get back and go So after the sting Of Palace doing Me bad, man. Spend some of the Palace money. Spend some of the Palace money. Get a bongo. So, yes, after the sting of Palace doing the weirdness, I was kind of looking in the mirror to myself. I was like, yo, you know what I'm saying? This doesn't mean, you know, it's not the end of the world I need to find. So, I need to find a next move on the market to just, you know,

show myself, say, I'm going to lose, you know, I haven't gotten rusty or anything. Yeah, then I hear that. Like, I know that kind of thing,

they're like, yo, worse if I lose, when I lose money on a play, if you want to get me dark, yeah,

if you want to get me, if you want to see me do anything magical, just watch whatever the next play is after i've lost money we're gonna find it but no because i don't lose money and i'm proud of i'm proud of being able to set up and it's not magic anybody can learn how to do it but yeah i don't lose money so if i lose money on a play worse well what happens more often is the timing's around something don't match, and I have

to exit something in the red. So you see, what if I go into? Yo, and it's not feel nice, like, when you're fine in the play. In the fight, like, you feel so certain more, you're like, bingo, run to it

how much time, and it can go wrong, but it can, it's going to go so right. Right, huh? And you don't want to run into it how much time it can go wrong but it can go so right and it will start to eat up you just have to buy so that brought me to RPL now when I saw the RPL dip I was like huh because

when the RPL prospectus came out I went through it with a fine tooth comb so I was already pretty aware of what was going on in like in and around rpl so i'm gonna say rotted rpl at 188 that's ridiculous so so so so so i had so i had i had i had a i had a smaller sum of money that was not in palace and i said no man boom put in my buy order, get some. And I said, all right, cool, three months' time,

can get a 10% off of this. Lo and behold, so let me, looking at my trades right now. Yeah, so I bought RPL on March 2nd. And then I didn't put my sale order in the queue automatically because i was really busy like in regular life in and in and around all of this with like you know the work and play mixtape that's out now on youtube soundcloud and audio mac um that is an ad that is just just send me the invoice man Share the link with Brick Talk I will share it with the space

I'm really happy that you're doing that I want more people in the music industry by the way To learn how to do this because I know it's good I wanted him coming in You know what's actually really funny I was hanging out with one of my producer During the production of the mixtape We were doing some recording by his studio

And I found out that he's a client Of the night and mr youth you do the right thing youth i have a couple clients in industry yeah man they're pretty serious about their money yeah man big up big up certain i don't want to call people names so big up certain producers because certain artists but i am yeah They got Mystic, man. I don't know. Who is that? Stocks and Tinkering. So then, boom. I said, alright.

I want to make a point because it's an important point. Womanism. I grew up, like I said, I grew up with me, right? No offense to Goofy or Mr. G but do you think he's like a multi-millionaire no mr g yeah boy yo the song the way the song the way we come back with so horrific like i can't i can't i can't imagine how much dope late money he make off of that to be honest like i'm not even gonna cap you think might have 50% of the dope? And I'm not knocking him.

I just came up with that name from my head from the 90s. The point I wanted to make is that I've seen artists, I've seen talent, talented people, creators make money in my life and don't have money now, right? Yeah, definitely. And you shouldn't. You make a crap load of money and i think i think about the artists that spend a weekend in miami in the 2000s and come back with how much toes in us that they make from them art and then never buy ncd shares then

then buy them by escalator or something that they make from them art and they never buy NCD shares then. They buy an Escalade or something. Yeah. Which one do you think is going to serve them better? If you do it right, your art becomes optional at which point the art becomes better because you can do it because you love it, right? No, yes.

Straight up. I'm proud. Even right now, I was to, you see that thing? Even like right now, like, I was able to take some of my money from stocks and invest into my art. Yeah, man. You see that thing? And that's why I like to support artists, all of the arts, and quietly and loudly. And, yeah, I want all of them to learn that there's an option out there.

Like, if you really want to dedicate the rest of your life to your art, your passion, learn to invest because it will allow you to do that you see that that little the little video approaches here to do or stock stock stock stock stocks yeah like i like that and i like the fact saying push all and camp towards that kind of thing so yeah sorry i just wanted to make the point because like is that it's really a sea change happening in jamaica like we can have artists that can last the rest of them life off money and if we do it right they might end up being like naz where you know the majority of the money that you make is not from the music or like chameleon here you you guys have a regular oh yeah he's like he is a really good venture capital investor apparently or maybe he has somebody good advising him but like no longer riding dirty no more yeah no more riding dirty isn't me but yeah like he he's made enough like first round investments, you know, like enough big company that pop off, you know.

I read an article on it recently. Going back to what I was saying about RPL. Yeah. So then I say, yeah, man, boom, I want 10% in three months. I didn't have the sell order in yet. And then so I bought, yeah, yeah bought RPL March 2nd and March 6 Missy Missy trade at 222 miss a huh already so I put in my sell order we're loading here oh I have a lot back in yes i put in my sell order at 215

2.15 which is 15 percent gain so i so i made more than my goal in a way shorter time, $2.15 that failed at $2.15. Right. So I actually ended up making... Huh? You bought at what just to get the percentages done? No, yes. I bought at $1.88

and my fees are 0.9% with the account that I bought from and then i sold at which is like 15 or 14 little bit you know 14 and change yeah yeah yeah and i was looking so i was looking 10 in three months and i got 14 in four days yes sir which the market is long for the long term you need to give back that money yeah but like imagine if i can but like imagine if i can do that repeatedly over 10 years is that not long term yes right yeah anyway again the eighth one last one component component component interest is the eighth one of the world Compound interest Compound interest is the eighth wonder of the world Fact

You know the ninth wonder of the world is The ability to control Your compound interest The tenth wonder of the world is Common sense But yeah The world wonders But yeah So that was how i kind of made myself feel

a little bit better after palace kind of went sideways on me you know i mean and then i was you know and then i was reflecting to myself i was just like yo like there was once upon a time where if i made this rpl move like sometime last year i would have been like doing backflips i would have been doing backflips out on the street you know but no it just kind of feel like oh yeah man next thing i'll tell you i'll tell you one of my same business same rpl um so i bought in the 23rd of february and i bought in at 191. Oh. Yeah. I bought it on the 23rd of February at 191. It ended the day at 196,

which I like also, right? Because if you remember then, 23rd of February, just remember what was happening then, that was Palace crazy, right? Mm-hmm. Right. So I was just like you, Vix, because you either talk about it. At at this point the 23rd of february

palace was at what was 453 times 600. 2700 and 2780. Right. I have that right. Right. Almost a hundred percent higher than where, almost a hundred percent higher than where I would have exited. Um,

100% higher than where I would have exited um palace so my vex move was to go into rpl then right so I got in at 190 then and um as you can see a nice good spike February 28th we have a nice good spike and it started to fall March 1 fell to 196 March 2 fell to 188 so just like you we were also along the same along the same lines

and I guess inspired in different ways by March 2nd you'd have been caught up in what's happening with Palace. I would have been paying attention to RPL. But you get that 190 on the 23rd of February. Me? Yeah. 191, not 190.

Oh, okay. 191 on the 23rd of February. And then on the 23rd of February and then on the 2nd of March the 2nd of March it fell to 188 but as you see I'm working on the 2nd of March the 3rd of March

by the time I realized that I missed yesterday's low so I'm buying again the next day so I bought on the 3rd of March at 190 and then so that brought my average down to 194 and yeah nice to play. Just like you, I exited. What was the day you said you exited, Yared? Yared? Or Yared gone?

Or Yared drop off? Yared fell off. I didn't back him. Come to me soon. All right. Yeah, man. Let me take a few questions. Yes, yes.

Sorry about that. I did drop off for a second. The day I exited was March 6th. All right. So I exited March 7th. I exited March 7th at 2.12. And I don't know if... That's how much gain? No, like 7%.

Okay. 7%. Okay. 7%. Boy, 7% over, what is that now? The 23rd to the 28th. And then, so like, less than two weeks. 7%. That's awesome. I think so.

That's brutal. Because I need to pay my my light deal but if you remember i think we spoke about this at least i mentioned it i don't know if i mentioned it on brick talk or or elsewhere last week but um i actually wanted to exit on the first of march that was my plan to exit on the first of March because they were not the 1st of March. The 1st of March when the results came out. The day when the results came out, that was the day when JTrader was

very laggy overall. Probably because they had to be worrying about other people's palace moves. That was the day when I watched that order just sit there right until the market closed and then it and then it couldn't go through and if that had gone through i'd have been able to sell at two i think it was 245 244 245 um and of course the results came out at the end of that day and because results came out at the end of that day.

And because results came out at the end of that day, I knew that the next day there would have been a drop. And so, I'm not giving a lot more details of the thinking behind it, but yeah. And there would have been a drop and of course, then a VIX because I see the profit I want, plus more. And it worked exactly what I expected and I couldn't get out because of i i won't say a glitch but a bad connection let's say and um yeah so just wait it out i end up setting another date and yeah all of this is a two-week story i i i don't usually tell what i do and i certainly don't like

talking about plays this short but um i'm happy to hear you doing it i have to hear other people doing it and it's very very possible and i and as i didn't say i hope it continues because it's up to us whether or not it continues us being the the investors in the market yeah and and again like i was i wasn't looking to exit that rpl play till like june but then when we see what's going on i was just like i would be a fool not to take it right now or you would be a greater fool so maybe fine

so my husband said I'll forego this game yeah I mean a bird in the hand right everything

every single day we sit down in a stock and we look at another one and we know something else could go on

and we just we don't how do you feel if next week Brick Talk and we look at another one and we know something else could go on for you. And we're done. How do you feel if next week, Brick Talk, we're talking and our pill is at $3.10? Wait, say that again? How do you feel if next week, this time, we're talking and our pill

is at $3.10? Man, here's Joe. I mean, there would obviously be the human feeling of damn i should have held but like i met my goal and i got the money i got more than what i wanted so like you know there's always it's just march like there's gonna there's there's gonna there's always gonna be a next oh wow this went up oh you know there's always gonna be that so i'm not too too concerned about that really there we go that's the thinking that's why i like to hear that's the thinking that

um at least that's the thinking that i know that makes sensible money serious money let me let me throw in a point out that those of you pay attention to like the sidebar in my money jay you see the try the app button here if you have a premium account on my money jay you can actually try our app right now the people have been bothering me for the last weeks because I mentioned it early there you go you can get on very very quickly whether or not you have an Android iOS let me speak very clearly again so I don't get a holy pod. EMS asking me the wrong thing If you have a premium account

You can get the app all that it is click try the app and download Depending on which of one you which of our platform you're on Android or iOS And you can check it out. And if you want to you can do a premium trial going Here it billing want to you can do a premium trial going here hit billing start the premium trial and if you're on a premium trial you can try to see if you like it leave feedback that's my app to balance out um my my ads balance out yeah man i put it i put it i put it in the in the the space tweets thing but yo that but that's a trap though in a p you know randy because when people try to up them I put it in the space tweets thing. But that's a trap though, Randy, because when people

try to up them, they're going to love it so much they can't help. They can't imagine life without it. I can't imagine life without it right now. If it's good, then that sounds like value. That sounds like it's worth it, right? Boy, like I said, I can't

imagine. I know one person who i was like if if god come down and says the best so god really had it on them boy the side I've been listening for a long time I'm not going to church He's on our side I'm so sorry The app is amazing In my personal opinion In my opinion it's not good enough yet But I have very high standards I'm joking it's an amazing app

No differently still, bro, we need the PDF search feature in the app, bro. The PDF's soon ready. Hot dogs. Oh my God. You know what? Thank you, Yared.

Let's talk. And the music, man. Yared, I read the music. Let's move on to Marquis. Yeah, Marquis, then Lopo. Marquis, what's up? Thank you for being very patient. No, man.

That's good. You guys hearing me? Yeah, we're hearing you clearly. Yeah. Thanks, boss. That's good. Yeah, good night. Actually, I wanted to answer the question Randy posed

earlier because I was looking for it, but then I went on the JC website and I'm seeing a... What is this? Something from the JC dated Monday, January 5th, 1969, and I'm seeing a trade sheet, but it's very different from the one dated Monday, January 5th, 1969.

And I'm seeing a trade sheet. But it's very different from the one on February 3rd. It's very weird because when I look at the bottom, I'm seeing stock exchange equity index release date. No, base date, sorry. The 6th of, I think this is June. No, sorry, the 30th of June, 1969. so i'm kind of confused because when i look at the one for february 3rd it looks more official and everything so i don't know if you can provide some clarity on that well my brother i'm not that old that was

not oh no no no no no i mean like usually you post questions, I know it's something that's not simple. Google, you can't look for. So, like, I Googled it and I was like, no, man, I didn't post questions, it's simple. So, I actually went to the website. You might be surprised. The joke is the questions are simple. Oh, yeah.

They are simple, yeah. It's kind of... Oh, it's the simplest one, I mean. Yeah, yeah. That's a secret. That's a secret that just I can invest in. 99% of the time, we complicate the thing, the thing is simple yeah

but what question were you answering? The first trade yes the first trade was February 3rd 1969, Daniel eat your food and anything that was left the doctor also gone with it I did have a

second question. I was saying if there was one before that. I'm seeing it for Monday, January 5th, 1969. Was there any stock exchange before that? On the

document, it says Jamaica stock exchange. I don't want to hear what the document says. None of us were there for it. I guess you don't know. Yeah, I don't know. That's the second prize. Whoever can come and give us a little bit of history around that, that I think will be a good follow-up prize.

But yeah, February 3rd, 1969. To clarify that question there then, Randy, is there another stock exchange in Jamaica? That is the question I'm asking, but let me also clarify that you can't win. I know the steps. Yeah, but

yeah, this is the official first trade on the JSC. But the JSC have a very interesting history now. Very, very interesting history. Yeah. But since you're here, what was your stop? What was your stop for February?

Well, I guess I have to say, well, no, I can't say that. Everybody's been talking about that. What were you going to say? I was actually going to say, yeah, no, I don't own this stuff. Everybody was talking about it. So I was actually going to research it. I was going to say fast switch because of the whole, the amount of shares that were traded.

But for me, it's learn. Nobody said fast switch all evening. No, not this week. Last week, we were talking about Fast Rich. Oh, well. Yeah, yeah, yeah. Okay, you said

Moon. Yeah, Moon. For the Moon, if you said Fast Rich, what is it? Fast Rich is it? Fast Rich is on our rises or is it on our

fallers? Fast Rich, I think, would be on our fallers. It's gotta be on the fallers. For February? Yeah, foras. It's gotta be under Fallas. For February?

Yeah, for February. The seventh biggest sinking stock for February. Ended the month 19.1% down. 19.05% down. That's when I know where it's ending. First thing, the sky fell

in February. The market is doing terribly. Yeah, the market is down. You see how many more stocks on the Sinka's image than the Rizer's image? Yeah. But yeah, why was it your favorite stock? No, because there was a lot of debate about who sold the volumes and why it was sold and everything. So I was just looking at it and then it fell.

I think it fell again sometime this week. So I was amongst me and some friends that I know. I started in like one or two circles. Everybody was asking why. The other one was learning because i'm a learned shareholder and you know jump below a lot you drop below two and us i was there rubbing my chin and rubbing my hands what about did you rub your mouth i rub my my mouse my mouse Oh No I robbed my phone But yeah

Yeah Oh yeah Yeah man Cause you know Yeah man Okay Yeah man Okay that's interesting

Yeah Cause I was wondering If it was because The financials were delayed But I saw a lot of people Well no I saw

I saw the price falling So I decided to buy some more So Yeah So that was That was interesting for me. Love that. Hopefully, it works out. Hopefully, it works out.

Hopefully, you know. But I did my research. So, you know, if not, it's a good lesson learned. But, yeah. Well, the market is for the long term, you know. So, it must be. No. The market is for the goals.

We've had it all. No, no, no. The market is for the goals. The market is for the goals no no no the market is for the goals the market is for the goals but in the long term stocks generally tend to to go up

and so it really is no matter how long you want to hold it for I can't fake those points points you're right the market is for your goals i mean obviously i'm a learned shareholder too and um yeah the first time below two is it the first time you know two since yes i think ipo yeah well i feel weak anyway yeah well i'm just that's what i think so yeah I believe so also

I believe so also I have an alert for it and I've never gotten the alert before until recently interesting interesting but yeah I really wanted to jump on because while I was when I asked the question I was doing the research

and I just saw a coaching for Monday January 6th and I just found it where the JC had it up it was the question, I was doing the research, and I just saw a coaching for Monday, January 6th, and I just found where the JC had it up. It was the only day there for January, and there's nothing else. When you go to February, you can see for the rest of the month. So I was just wondering if you guys had any clarity on that. Because I was thinking maybe there was something there, but I guess I'm going to have to do some further research. Yeah, or if anybody else jumps on and answers it and gets it you'll hear

because i believe the answer the answer that you're looking the answer that i'm asking for i believe might be linked to that um might be linked to that question they don't find the second question at marquis if i don't find the second question, you know, I'm still, I was looking for it because I downloaded the, um, I've downloaded all the rule books and all the books from JC and I was searching for it.

I was searching through the PDF, you know, you just search first. You can search the word. I wasn't seeing anything, so I was like, what's going on? So then I went to the... Wait, so you want went to i went to a female record yeah right if you're in for work smarter if you have any tips i would love to hear them yeah so i went into a tip even a smile question yeah please please don't um what i will do however is i will Who was the person I was next in line? Sure.

I guess they're off, but I've seen Lee jump on. It was Lopo, not true. It was Lopo. Sorry. Okay, yeah, Lopo. Sorry. But Lopo, again, you can't win. But that's my feeling.

I mean, if you want to move to Lee, that's cool. Actually, I shouldn't do that. Wait a minute. I shouldn't say that you can't win because there really is no reason you can't win. But if you win something you don't want to, you can pick and give it away. You can't get 100% anything. Daniel will get that already. So, that's that.

That's that. But, yeah, what's up? What was your favorite or most interesting stuff for Brick History february um i guess february is interesting in three different ways one i guess i had some new experiences with some brokers to doing the business that kind of gave me you know anecdotal vibes on how the behavior of operations in houses now, which was interesting. So that was the first thing. Boy, I hope you know you never said anything just now.

Yeah, but... I have to know what you're talking about hope you know you never said anything just now. Yeah, but... I have to know what you're talking about for you to know what you're talking about. But I'm also very happy that he's being so politically correct that he's not saying nothing at all. I hope we can talk one side, I guess. Yeah, yeah. But what I got from that, Lopo, is that you got a new brokerage account in February? Yes, sir, for sure. Okay.

The experience was. I see. And satisfactory? It has been, you know, miraculous. Big up. I'm not giving a free ad, but big up. I certainly don't give them free ads. It's been miraculous. Miraculous being good.

Yeah, man. Okay. Okay. Okay. Anyway. it's been miraculous miraculous being good yeah man okay okay okay anyway um is it oh is it the broker that i recommend yes sir okay yeah definitely shut up i'm tired of randy talking about that yeah me too me too me too me But yeah, yeah, yeah. The standard remains extremely high. Yeah, people who are making a broker tell you that it's not possible.

Almost everything is possible in the way it should be done. Everything is electronic. Everything can be done quickly. Everything can be done within a day. Everything. Everything except the T plus two of trading can be done within a day. Everything.

Bro, you know, so I'm going to call such broker this week and tell them that I need to get a transfer. You know what they told me? What? Say, yo, we're kind of down on the bank side and

it's going to go through tomorrow. As much as that sounds like a bad story, that's a great story because from other brokers, I'm not hearing that they just know about the thing until my ass bought it I'm like yo why this shoot so good yeah yeah

I've had that exact experience I'm apologizing for it I'm like who done yeah and next morning same time homeboy messaged me and said yo it'll go through all i say i can say i never see cheers transverse or fast in my life anyway it's a great experience so that's number one i mean i've actually took just personal lessons with

like polish and fast rich last month um i took a took what I thought was a personal lesson with having my positions about what I want to gain from a position, what my profit is and what my loss tolerance is and actually acting on that. And I mean, I guess it's kind of anecdotal for like I was in fast rich and I was down and I basically hit my percentage where I was like, all right, if I exit, no, I'll basically be at where I said this, I'm going to cut, I'm going to cut this off right here. So. Oh, well Oh that's interesting Meaning you were at a loss Yeah I was at a loss

So it's like a stop loss for me I was like I'm going to stop the loss here right here Oh that's Okay okay okay I like that And that was the day before It went up Yeah

That was the day before another move the move happened what people were talking about for the

month um so I definitely didn't regret having those you know parameters with that

money for me um and it was with Irelpadi's play it was like seeing the play I think I played it

um like I think I played it. Like I had money in it to put it in to do like the entry and exit, but I wasn't really invested in it. And it just was like, hey, well, maybe you should really dig deeper to make sure you know what you're doing. know what you're doing um because that was like you know from entry to exit was like my you know pretty pretty comfortable got in at you know the the one the the 14th got out at two five and that was that's that's where that was that was the band i was looking to work in even before this month man said man said man said like it seemed to so because it was it was you never felt any regret when you got out at two five and it went up to three odd four odd no i mean that's all the volume no big talk so you know you wouldn't you think you would have been able to get out at that anyway i read that I rate that thinking.

That's a good lesson. And the first lesson that you spoke about, which is the... Not the first, the second one, which is the... The first is good. The first, you doing your own personal stop loss and deciding this is enough for me.

And coming out of fast rich at that point. And then, so I'm guessing the point is this day, the 263? The day before. The day before. Oh, so you got out at the 3-odd and AC dropped to 263. Yeah.

But, I mean, we're at 286. We're at 286 today, so it's still trending down. So you have no regrets jumping out at 3 odd yeah I got out at 316 based on my stop loss I have the money into the next play and yeah

my eyes is on fast reach in a way but I guess my the parameters that I'm working or the parameters I'd like to work with with it um yeah i mean i have other things in the market that i feel i feel better with having i feel better with um setting aside and getting some so i'm going to be like dealing with my margin in a different way this year i'm going to be organizing my money in a different way and my whole into a different way so um yeah i was pretty i was pretty fine with

that um it is a loss but it i mean i'm already in things and i was already it wasn't all of my money so basically i had i had money spread into a couple of things it was one of the things that were done i was in two things that were done i was happy with to a certain extent staying in one of them and fast which was the one that i was ready to cut bait with and it was moving and i had the stop loss so yeah i think it's yeah so it's just to me it's just me managing more money like it's just me i have to move different so like i can't just it's not just a bingo every time you have to you have to actually no it can be a bingo every time but it feel different i i hear you talking and i'm very familiar with that song for myself like with the yeah so the thing i i hesitated to say it and i still don't know how much of it I want to say, but the second thing you mentioned was around,

like, you know, being in, it's also in the being in the fast which I'm coming up, but it's another thing where you, you see when you get good at the market and you can make profit, it becomes dangerous because you very often make less than you should because it's so easy. it's almost like complacency enough bridge well well why didn't you come out of foster rich at four ah i mean i was yeah i mean why didn't i

yeah i've that i don't i guess that wasn't the February thought process. It was at four in January, early January. Why didn't he come out in January? Because to my knowledge, nothing about Fosrich changed between the first week of January and the last week of February. And I don't think anything in your eyes would have changed either, except you would have seen the price fall, have a one small rise up to 378, and then continue to fall. So how is it not complacency?

Yeah. I mean, I think if it was... So I guess I look at it like if Alba Mone was in Frostwitch, then I would have operated differently. Yeah. I understand what you're saying it's a deep up point

if you hit the little event tomorrow for the grow subscribers I'll be there bro bring it back up and I can give better detail as to what I mean but at it's core at least how I view it in my mind I call it complacency because at times I am guilty of it also.

Yeah, I don't think that's the wrong way to look at it. Because it's not like... I don't think that was attentive. These were attentive decisions that I was making for at least the last two... Since the year... Since the year started, outside of strengthening another position, I think I'm more comfortable with that. But I don't think I was doing aggressive, proactive moves in what I was having or what I was moving into.

And that's also a life thing too. Sometimes if you look at your life and you see the market has to meet you where you are in your life so it can be complacency but it can also be um to me it was a risk tolerance thing i felt like i wanted to be at a certain place with different positions and yeah even the percent when the percentages were where they were it wasn't that intense um and it was just like managing it because managing my life and what i have in the market and how i want to grow it so yeah no i understand that maybe too well but like i said that there's not much i understand very well i'll jump into that but i guess that was my thing around all of that. And outside of in the market for February, I really do.

I like what's going on for the broilers. And I'm interested in how they're going to tackle the rest of the year with the growth that it had. What kind of growth? So in February, Jamaica broilers was the eighth largest gainer with 12.14%. Did Chris Berry

send it to tell us that? Did he send it to mention Jamaica broilers? I find it funny in the talk that um they went they had the the investment special and with sir levy from the um he was he was very fun cheekily um teasing the the stock split, we're not splitting no stock. Buy the stock. And fun stuff. Who was saying that? Chris. Levy? Levy or

okay, okay, okay. What's interesting to me was that JBG's numbers actually came out today and I believe they I believe the I believe the top 10 specifically, the top 10 show Mayberry increasing their stake. So that was by Tommy G.

Quite nicely. Yeah, quite nice. When did the neighborhood go to 20% ownership of CPJ? When? Not soon enough. When? It happened already. It happened already.

I don't know why. I don't know how to answer, so why? I pay attention to him for the first time properly today. I was looking at how they just never think. How they were before. They scale back on all the positions before MJ. He bring everything below 20 but they're back up now it may have been i i'm saying this without checking but it may have been after they moved over back to the main market when you know they didn't have the junior market hit if they if they

if they cpj cpjs then i fooled you okay gotcha makes sense yeah i mean i know you think i know i know it's something i observed before i've never really properly looked at it more than so. But then that... What I was looking at it with is... That was in the queue. Looking pretty interesting. But all it changed now. For CPJ? The three bill?

380 million shares. Yeah, it worked out. It's gone to 38 million now. I don't know what I'm... It's hilarious now it's hilarious like the person had on an extra zero but they still had that that level of cash for the order to go in at 380 million years depends so you put in you know actually i probably can't i won't say anything yes it's also with cash yeah you have to be cash it has to be some money but it might not work out in the way you think it does but wait for it now

what else did he say it's down from 3 billion to 300 million yeah so I wonder if it was an arrow or if it's no an iceberg

it's a good question I also can't think of another market i can't think of another market that is more interesting than this i love this it's just an amazing market sorry then i interrupted you no first oh sorry was here yeah you're good also it's 38 million shares instead of 300 in me okay my dad is like ketchup it was a rough day um imagine if it was a mistake i wonder that is such a flex if i go to this thing tomorrow somebody can ask what i mean by it might not work that way i i will ask you landscape brother imagine that imagine you spend 3 billion instead of 300

and the card don't cancel my ball is not every language my ball is not every language or them in a USD instead of JMD imagine JTrader going glitch

and Ali putting a 280 bill order. But the thing is, it's not the immediate. That's why I said ask him tomorrow. You know exactly how I came out. I can explain after this with you specifically. It's funny, man yeah it's funny man

it's funny yeah yeah yeah yeah I just look at you ever

see that you ever see that tiktok of um what do you look a rapper

that look homeless little baby you ever see you ever see um

little baby looks homeless no it looks it looks like it looks like 90s homeless with a lot of ice you ever see you

ever see um the tiktok of him buying jewelry and then accidentally wrote him card for 250k extra and him say all right i'm gonna need some store credit for it or the next time i come back I want something nicer Than 250 Yeah That's like this You know what I mean 3 Million 300 million Not 3 billion I mean you work up

3 billion The card The card Yeah Worked up to 3 million Billion Dollars It was 300 million shares

300 million shares At 3 380 million shares At 8 dollar Money Yeah which worked out to Well

More than 3 billion But well well more than three bills but yeah not more than three bills 2.99 bill 380 at eight yeah yeah what i saw was was what i saw was at least when i saw it because the order has changed when i saw it when i was talking about it i was guessing by the way but that's what the maths mean no one believes you bro I'm on the right 380 at 80 3 billion 40 when I saw it

what's 308 380 380 million 380, not 308. It's 380 million shares. Yeah. At $8. And yeah, and that works out to? 3 billion. 3 billion.

40 million. Sorry, I know why I'm saying less than that. Sorry, my mistake. I put in fees. Exactly. And because it's on the buy side yeah the fees are on top no the fees are selling to it which would bring if you wouldn't get three billion you would get three billion yeah yeah that that's that's

so what i'm what i'm quoting is what i was seeing on MyMoneyJA as the actual titlation. If you sell down to it, okay, gotcha. Yeah, yeah, yeah, yeah. That's why. But, yeah, very interesting market. Sir Lee, Lee Dansky. Lee, what's up, boss? How's it going, gents?

I realize we have a full house tonight. Why? It starts slow, but everybody is running. It's a good week indeed, man. Yeah. Well, some things to note. That particular broker, definitely one of the catches that I had out of the group,

still use them. I think, I don't remember what had happened. I think what... You're going to get a whole heap of dames now asking you which broker it is right well i don't know i don't know the plug there but um i think i i have some co-workers that i work with on a daily and you know always hear me complain i had a miserable personal work or on the team and I was complaining because I tried to do that I tried to do a funding with another broker I took me actually had to send them I told the person send them the email send them screenshot

everything and say oh more funding and i'm saying all right and i think it was 15 minutes to one i have to send them another email and say wow i think i'm gonna use the money in a day um a different experience with um that broker um or the broker that you guys recommended i mean i I did send the person a screenshot and say, hey, I'm funding this. By the time the market opened, pre-opened, I was able to send in my order. You were lucky, yeah. So, I've been out of the group for a while now, but I just checked my email and realized that

I joined the subscriber group the 28th of last year, this month. So definitely going to make it an anniversary thing. I had some serious goals I was trying to work on. So all the cash that I had, I was putting it towards certain activities. On the market, of course. But I kind of feel like... Huh? No, I thought you meant in your life. But no, no, continue.

No, but the market is now a part of my life. It's now where I see I can get some of my dreams actualized in. So I have to keep it front and center. But I think from my career experience it was with KWL. You guys know that I work at KWL. We all know now. I don't know if the public knew but we all know now. I don't know if the public knew, but we all know now. You know what? I think I'm still used to conversing with you guys in the group setting. Doesn't this nobody put on Twitter now?

Eh? Doesn't this nobody put on Twitter? I'm not really afraid of that, to be honest. But I think what I have learned from the group from last year, what I've gotten a bit sharper with is recognizing value. And I've used that in my everyday life, used that I bought in sometime last year at about $30 and I sold at $34.99. That's KW. That was like 15%. And then, you know, I said that I wanted to buy

Nutsford all of it? yeah with the money that I had before what did you buy it for? when I put it in? so you don't get a 51% of Nutsford Express yeah soon

the reason behind well Randy you and I would have always had some conversations and you say, you know, I need to pay attention to my goals. But I think with Spy with Knotsworthy, it was more me chasing probably a dream in the sense where I'd love if somehow, where I'd love if somehow, because I realize we've been talking a lot about public transportation and buses. I mean, I said to my, in my opinion, like the company that I see being the forerunners, if they ever wanted to go into that space would be them.

And it's a little more that I probably can't share here, but I definitely will share it in a private forum later on this month. But what happened with Knotswood is I actually bought in and had an average price of about $9, came to $9 of about $9, came to $9, about $9.50. And I had the opportunity to exit at $12,

but my order wasn't in the queue. Because, you know, usually when I... When I usually try and enter a stock, I usually try to have my exit price in the queue. But still in the stock um waiting to see what the other report have to say we're talking about nuts for there yeah not so not sudden sorry so you know well according to the um when you play producing eyes after thinking ahead you know and sometimes i think about the people take all kind of things that said that's not and sometimes I think about people take all kinds of things that's said

that's not bad and make it bad if they want to so I'm always very weary and aware of what's said because I don't want nobody to think that oh he's talking about something inside out one just to be clear he said he works at KW Kingston Wars

not Knotsford, he don't work at Knotsford which is K-E-X Knotsford Express, no here's the next part of my brain. The next part of my brain is thinking about what first I thought. Let me just make it clear to people. There's no insider. We don't have any insider information or anything like that. However, I'm thinking, what the hell could you know that you don't want to say publicly

that is linked around Nutsford? But then i think i put it together and i don't if i've guessed it would you have a problem if i said it here yeah probably probably i think i've guessed it all right would it make me want to buy other stocks on the market too no i can't I can't speak. I can't say. I don't want you to say yes. No, I know. Would you buy another stock based on the information?

Is there any other stock? I think, yeah, man, this looks good because of that thing. Because of that information that makes the total good. No, no, no. But you might be overlooking something. If it's what i'm getting i think i think so now that i'm having a conversation now probably i'm overlooking something

it'll be a joke when you already have two different thoughts yeah but i i hope we don't because i'm betting that we don't. But I hope we do also. I hope we do. But I also hope we don't because I want my guess to be right. Anyway, go ahead. So you like Nutsford Express. Nutsford Express was somewhere in the middle of our losses

in terms of February. It ended the month down 4.96%. Are you down? you're down on it if I'm doing it no oh you're in profit I respect that so I should be like you buying more are you doing no man I still buying more um actually right now I'm trying to double down on my my to be a portfolio with Learn. You got a portfolio before you married?

Again, that bad silly proposal to the portfolio. No, but the thing is... Yo, that's a typical stereotype, you know, the great-grandmother. But again, when I'm buying a ring, you don't want to buy a Mrs. instead. Lee, Lee, Lee, enough from you. You're making things rough for me. Anyway, anyway, Lee, anyway.

No, no. No, man, but with learning. You're trying to double down on her portfolio with Learn? Yeah. Okay. Yeah. You would like her Learn drop below $2? Yeah, man.

Buy it. Have some cash. Supposed to fund in on Monday to get some more units for sure. Bring down the average price. But it's a solid company um i i really believe in garden um i think that he has good um intentions and he's surrounded by the right persons i think he has a good um network and i think that is that is key to any company, especially locally. I think that our local market

you have some experienced trading options or other markets and I think Lopo does as well and I think that we can agree that one of the things that our market does not have right now is a lot of manipulation. You know how much people disagree with you? I think they probably try to trade equity

stock on the Nasdaq or try trading gold. I think I have a 96% loss on an option. I've never lost 96% of anything in my life. And that's what I was trying to say to some of my friends sometimes. I say, most of us are trying to look to trade overseas, trade gold

and whatever. I can tell you the amount of money I've made and lost on gold is I think everything that I've lost on gold, I've made it back in the local market. So that's why I know I think everything that I've lost on gold, I've made it back in the local market. So that's why I know, I think Bigo Petra, I don't know if she's still in the group, but she introduced the sunken cost fallacy to me.

I'm going to have to take a seat. I'm going to have to sit down. I can't put no more money right this side. I can't put no more money right this side can't put no more money this side but I guess sunken classes are good sunken classes are funny

it's a good concept to consider at any point but it also works against you if you think it only if you think if I ended this up because that that's the problem so cool i'm putting money into this thing that putting more money into it

when it's done only matters as long as it will work out you know they know that from thing there the numbers the numbers are showing me that it's not working out so my kind of does yeah man but i'm not saying it will work out i'm saying okay but say you're buying gold at six let's just i'm just using numbers i don't want gold prices actually you might go at six you fall to four then it falls to two but one day it's gonna go back to six right if you were to keep putting money at two then you know you know that's just averaging down so it's so nice and whatever but i sound bad until all right cool you go back to six but then suppose it never goes to six that is it that is it if it never goes back to six we never know that you you never know really

and we're always going to be making the bet on whether this stock goes up to where we need to go so i was buying sorry go ahead no man just say i'll just reiterate everything if i'm buying that five for my stock at five and it falls to four and i keep buying great because if it goes up that's the five then i then I'm in profit. But then suppose it falls to three. Then I'll get come to... Some can call it fallacy. Yes, it works and it is what it is.

But if you follow that only, then you have to understand that, boy, you're probably losing a lot of wealth again just from looking at it just from the boy. If I put more money into this, it's something I can't afford. It's two-sided. It's not just, boy, I'm going to put more money on it, boy, I'm going to spend the money already.

If it goes down, I'm going to feel like putting more money there and I keep riding it down to the bottom. I'm supposed to average down and get a nice profit afterwards. Do I want to use one of those? I don't know if I'm going to make some fun tonight and probably ask if you would do the same with a company that did

an APO. I don't. Because I don't. Every company that did APOs, I left. So no, I didn't do the same i didn't average down if i did that if i got it for the april i thought where i could profit or got on global business or i would just take a loss and whatever if that's in front of me i think that i think the opportunity i get the opportunity that i think that you're saying, which is, I think, around like, OK, if, for example, sickness is done massively because of down below them APO, right, because of the APO effect. And so there might have been there may have been opportunities to earn, to average don't earn from that.

But the APO effect, when you actually understand it, not when you're just yapping or debating, when you actually understand the APO effect, it gives certain constraints. It does make it a very possible thing to do. I think,

for example, with the 138 APO, I suspect that all that's going to happen suspect that all is going to happen is that they're going to do the apo at five dollars gk will buy whoever gk has will buy and then they will they'll probably support that five dollar price so you won't necessarily get the heavy drop and they'll probably have some buyer range that year or so from now probably for one of their own funds to buy it back at higher um and and and eat off that so you can be comfortable so you can say i can't even see it doing i can't even see ways in which they're fighting to do well without without certain constraints if they lose about some things they still have a good amount of leave everything

because the company is the company xyg what what one three eight is i know shareholdership there's a good amount of it no yeah there's benefits the broker can do some good things there to work around it after the same thing we're saying yeah yeah and the owner and just owning the thing itself at that level at that level with that level of money owning the thing itself and eating off the the rising dividend yield if you are a multi billion dollar entity it only makes perfectly good sense it's a hotel with a revenue guarantee who wouldn't want it at that level if i had billions of dollars that i would go in the same way too but i don't have billions of dollars and i'm i'm a retail investor and i represent the

retail so i can see the trap that it is for retail investors. No, but bringing it to your question, Lee Dansky, if what I think is going to happen is going to actually happen, the market price being very close to the APO price, so $5, $5, and you're going to support it, if I think that's going to happen, and I also think that they're going to have arranged a purchase at a higher price in a year or so, and I am making a bet around a year

or longer, then averaging down under the APO or at the APO would make perfect sense. But you see how many constraints I have to put on to that sort of thing to do it? That sounds like the realest thing is to go. That sounds like a lot of things

that need to happen that you really don't have any control over, in my opinion. I mean, that's the market. That's the market. But in this case, why I would be hesitant to not do it is because there are 99 other places better for me to put that money. 98. The variables there

are as much... They can work out, but am I starting to tell them working out in the way I need to work out? Yeah. That's a problem. And am I going to have the... The money to average down to the level that I need to. Imagine that. And if you get it wrong,

am I willing to be stuck in it look at look at what getting it wrong is you know there are still people who spend millions buying jm and be at fifty dollars what three four years ago you know then people must really make sense fundamentally yeah ap you never really show your face yet yo can you imagine those people in here in after one year or a year and a half frustrated and they're averaged down to 40 and they're still at a loss?

I don't know. And then the real fix is buy more. Imagine hearing that. Imagine how much money you put in at the AP or at the 50 and then put in at the AP And the 50 And then you put in more money to bring your average down to 40

Because that's a lot of money to do that If you're buying at 50 It takes the same amount of money that you put in at the start At 30 To average down to 40 So imagine That sounds like pain It's not pain It's not pain.

It's not pain. To do that, to do that requires hundreds of billions, if not billions, and a different mindset than what most of us on this call, check if Barry's on the call. It's not most of us on this call

don't have. Can't have. Right? I can't say can't have don't have no sorry for assuming everybody's pockets but don't have no so you have to think about those constraints when you're doing it um yeah because yo at the end of the day it's your money now if you have billions if i had billions of course i'd be doing that if i had billions i'd be buying that crap load out uh i i don't buy idiot amg like if you have billions you cannot you cannot wait it could have waited for apo make the pricing and then it goes to town if you have billions you make them do an apo and you get in for cheap i'm not selling it i don't really care i wouldn't care about i wouldn't care about the retailer if i had billions i i i'm i'm looking at well the the apo you could be the volumes that soak

up the apo problem in the right stuff that do i appeal just because you have billions wait hold on whose billions is it yours or yours and people's i don't know i never say i never put it i don't know if we give it those put it and we'll give it those constraints if it's yours if it's yours why why would i soak up the apo problem because it's not a problem to me no no no it's not a problem what i'm saying is i i mean i'm i'm not doing the ap or the company the company does ap when i see this on the market as a deal and i know that my money can make this thing change. Maybe. But why? Why would I change it? That too.

Yeah, you're damn right. Yeah, I can just eat. It works better for me. In fact, we can make it go and bleed out another more time before I need to go back there. Because Jamie B at 48 sounds nice with my billions, but Jamie B at 48 sounds nice with my billions,

but Jamie B at 30 sounds better. Of course. In fact, it'll move up better from the 30 than the 40 for me to get my gain. Mm-hmm. And the constantly lower lows just mean more and more food for me. And every time, at that level,

the dividend come, I buy a yacht with it, the next dividend come. I buy another yacht, the next dividend come. I buy a house, the next dividend come. You get me? It's a different sort of thinking.

I'll go buy some more GMU dividend because I have money left over. You must because why not? Why not? Because that's more dividends, right? Yeah, yeah, yeah. It's a different thinking. Price going down. You get a cheaper dividend yield. Yeah, it's a different thinking.

So to bring it back to Lee Dansky's point, that is the sort of situation in which I would take the risk of the throwing bad money after throwing good money after it's not really throwing good money after but of the heavy averaging down in like an APO situation but I again would have to have hundreds of millions you're about to find that star. I have a question, gentlemen. Good evening. Good evening. Good evening.

Evening, Mark. I have a question. I want you to ask it, but I want us to follow the line. No problem. Oh, you are next. No problem. No, you're next in line, so I think that's good. Okay.

Okay. Lee, were you done? One sec. One sec, Mark. Lee, were you done? Yeah, man. That's calm. I'm good, man.

Go ahead, Mark. All right. Bless up, Lee. Good for you, for me. Yeah, so, bless up, gentlemen. Respect, respect for the space, you know. I came onto this space because I saw my brother on it, um yeah um i'm a i'm a i'm a i'm more of a of a futures trader um i thought you grace the thing there what no you're mad anything that pain no no no but um anything with pain Nah, yo. Nah, nah, nah. Anything that pays. Nah, nah, nah. Anything with pain? Anything that pays. More future specifically,

the S&P 500. I mean, I can't trade any of them still, but I focus on the ES. I'm trying to just have a better understanding of the JSC because the JSC seem like it's it's a it's more based on

fundamentals and not so much technical analysis. And, you know, as a I'm a day trader. I'm literally a day trader. Randy, I'll tell you. Randy, what did I say, Randy yeah every fundamentalist

says why jc don't have enough fundamentals every technical every technician why jc don't have enough i'll be a fundamentalist market nobody can so you and the guys are going to care this i can't agree fundamental trade in space i mean you know there's no such thing my brother i mean there's no such there's no such there's no such thing as a technical money you know say that no bro i mean all right as a technical trader right because i am in the markets every day all right pause one sec one sec one sec i just realized actually know who this is mark you know okay i just realized sorry the second the point i wanted to make though was um let's not everybody on this space is like a ultra expert so i won't keep everybody on the same conversation so you said

that you trade on the on the nasdaq nilc that you do your futures trading i mean you do a lot of options no i mean when i first started i started off like the typical retail trader started off with first trying to chase the the um what you call them now the the trash stocks you know the little companies them penny stocks where all of a sudden there's a huge volume uptick and you're like what the hell is going on in two weeks down the line here some news and the stock go up to like 50 from one dollar um i started out that way and then i was in bbig when bbg went when parabolic i was in a lot of these trades when Trump stock, they just launched. I was in D-Walk when D-Walk was at $15 and I rode it all the way up to $100,000.

Right? So I started off there and then I went into options, lost a shitload of money in options and I was like, options is way too volatile for me. And that's when I went into futures. So now I'm strictly in the futures market i trade one commodity alone every day um what is it gold no s&p 500 the es oh oh yeah the es no no sorry tell everybody what i said so there are different indexes in the U.S. stock market exchange. There's NYSE or there's a Russell. That's usually basically a compilation of companies that are more of like small to mid cap.

Yeah. And then there is the NASDAQ, which is mostly the tech side. And then there's S&P 500, which is a combination of basically more. Well, there's S&P 500 and there's Dow Jones. Dow Jones is the industrial index. The S&P 500 is a compilation of all the different types of companies into one. The S&P 500, I trade that because it's the most liquid, it's the most traded commodity in the world. trader trade that because it's the most liquid it's the most traded commodity in the world so in terms of price movement you're getting a lot of good price action on a daily basis and that's

that's prime yeah that's prime hunting grounds for a day trader so I tend to focus mostly on that because I know I'll get movement at different times I'm'm just trying to get in, get my piece, and get out. You know what I mean? I want to diversify my portfolio, though. Lopa and Wanaki. Wanaki is my sister. She's been saying... Big up Wanaki.

Yeah, she's been saying... Big up your sister. Big up Wanaki. Yeah, why? So wait a minute. Hold on, Mark. I realize Mark is an ICT student And I don't work out here Mark

I know that So make sure You do grow that is what works out here I already know that ICT Concepts will not work in the JSC markets Which is why What's ICT concept

So ICT is basically in a circle tree. This is this guy named Michael Huddleston. He's basically created a framework in order to navigate the US markets because his philosophy is that the US markets is all controlled by an algorithm. And what it does is it leaves certain footprints in the market to allow smart money which is central banks to be able to know when

to enter the markets to go long or to go short and he teaches his students how to recognize these these little signatures so that we can go into the market when smart money goes in and exit the market when smart money exits the market that's that's the gist you have the you have the you have the tolerance for smart money timing yo the gist of what you just said works on the jSC, but not... Not in the way you know it. Yeah, not in the way you know it there. But the gist of how you do it works there. Well, I'm assuming that with the JSC, you would have to have the right type of information, correct?

It's not just looking... Just like ICT, right? No, well, with ICT, you can look on the charts and you can just know. Because... So the right, the correct information? Yeah, what are the charts the price they try to try some magic you know so so you're saying that happens oh man all right so for better explain it there are so what what's happening is as a ict um based trader you're following

um footprints in the algorithm that is on the charts right and the algorithm is from um a lot of high frequency trading algorithms on the lower time frames like the second five second ten second time so that's the the algorithm time frames so so so even the, the weekly, the monthly. Basically, his thing is that the algorithm is constantly trying to deliver a fair price. It's constantly trying to rebalance the markets, right? And when it's rebalancing the markets, it's leaving certain signatures so that it can know, say, all right, right there I left this gap in the market where I didn't offer enough people.

I didn't offer price in a way where people could also sell. I just offered it solely for buys. So like today the stock market tanked 2%, right? Because of the bank runs, you know, in America here, major bank just basically became insolvent. And what you're having now is a contagion starting to form. What a contagion means is when one major institution, like for instance, when some bankman freed FTX collapse, it had its hands in other institutions.

However, we as the regular retail don't know how far or the extent of its reach in terms of the effect it has on these other institutions until you start to see certain news start to pop up in the future, which is what we have happening right now. First, you had Silvergate.

Now you have Silicon Valley Bank. And then we have these other banks that are popping up up that are tanking because it's starting to come out that they were heavily invested in these other companies that are now basically bankrupt. So you have this panic where everybody is trying to withdraw all of their money, and then the banks are telling them, well, we don't have the money to give you so you know best of luck to you so um yeah or to hold on just just to be a little bit more accurate so people can follow along essentially one collapse led to another right which leads to other collections but there are things in place to stop it um and so and so um the ict method in general speaks to being able to identify the signs of future movement by paying close attention to the trade. Exactly. And it leans heavily on the fact that the majority of the trading in those markets are done via computer.

The computer aspect of it is what differs, that makes a difference. And that's the main... Not necessarily. You believe that there's a computer controlling the JSC because I don't. That is entirely not what I said.

Okay. I was just trying to help everybody everybody remember everybody that is listening is not an expert and i don't want anybody to feel lost okay i got you i just kind of compacting what you say so you you're saying you're doing that and i bring you back to your first point so you say you're looking at the jays yeah because the jc seemed like you know the wild west, like the bull rush when you know, everybody was just going off and so on. Here it seems like the wild, wild west. I mean,

I mean, if, alright, let me tell you, you see in the US. We just had a conversation. Yeah, we were just talking about this. You see in the US markets, if you, and I guess this is just trader psychology 101. Every trader have to go through this. Once you understand

how to control risk and you're not greedy and you control your greed, everybody's greedy. And you know how to control greed and you're just... And you know how to be satisfied with hitting your targets.

Anybody, I believe, can be successful in trading. I don't think technique... Well, I just said invest. Yeah, yeah, yeah. I don't think technique... I just said invest. I don't think technique is really the key. I think it's important. However, I think the psychology aspect is the most

important part. So for me, like I was telling Lopo, just... So how would technique not be the key? If my technique is right. I'm not saying it's not important. It's very important. However, you know,

I think, I think the psychology is the most important part to be honest, because I've seen a lot of people make, make lots of money in trading and they don't use ICT concepts, but what, what, what change, what differ,

what differs them from retail is their psychology. You see me, them, them, them understand what their weaknesses are and them always try to basically show up with them A game as a trader as opposed to them C game as a trader. But that person has a good technique, right?

Yeah, them have a solid technique that work for them for sure. Yeah, so it's a good technique, right? Yeah, they have a solid technique that works for them for sure. Yeah, so it's a good technique plus the thing. You can have the right mindset on the wrong technique. And you'll never work out. That's true too.

That's true too. To me, technique is king. The rest have to support it. Boy, bro. I've seen some people with some really good technique but they can't control their greed. Yeah, man. That's fine. That's a risk factor.

But you literally cannot survive on a bad technique. You can have the right mindset to tilt. Bad technique? Not happening. If you do the thing wrong, you happening if you do the thing wrong it does it doesn't mean anything wrong so when you're so when you're doing some my curiosity with the jc right because i've been no hold on sorry two things one i want to support your point about

the psychology i don't know if this is the most important, but it's necessary at every level. I have not come to a point where it stops being important. It's just that it works differently. And because I've touched multiple markets, the same principles and the same things are needed in both markets. But how, for example, like, you know, how believing in in your i hate using the belief term everybody use it but and not how i think but like like believing in your play what it fall in how i view the markets no means is that means no on the nasdaq or when you do like an options play it requires a different set of actions than on the

jc for you but the principle itself the principle itself is still there in both markets all markets at their core are markets and so the same set of things are needed anywhere in the world so understand the reality of the market you're in yeah yeah exactly yeah that's facts yeah yeah so you were well well it's like it's like throwing on supply and demand as a as a concept of why things work when supply and demand looks very different across different markets and we impact it in different ways exactly and supply and demand is just another way of saying the market so the market yeah volume liquidity yeah yeah well yeah yeah admit you asked a question that you just asked again a little later yeah i was asking when you doing grow but but you're asking about the jc yeah yeah you see a question about jc right so

like i was saying to lopals like lopal you know i can't imagine ever entering a trade in the US stock markets without a stop loss. But on the JSC, when I try and play the JSC, I don't even try it. I've played the JSC before. I got into a couple of these IPOs, and I've made money because it seems like once you just subscribe before these freaking IPOs launch,

you're guaranteed to make at least 25% to 30% of your money when it launches. I agree 100% that it seems that way. And in my experience... It definitely seems that way. It really seems that way. In my experience, when I've tried it, I think two or three times with my JMNB account, I have made money, right? Yeah, man, it seems that way in my experience when i've tried it um i think two or three times with my jmb account i have made money right but it seems that way it's very easy to make money on the local market yes so it's like to me it's like i mean there's all right this may sound kind of weird but there is no excitement um there is no and and this is this this is this is this because for me it seems because i subscribed

to eating in randy i paid the full year for your experience um what's it called what's that um because i did really have to get into it like last year fall but then when we go for my money jay and then check it out i'm all up on the markets i'm asking like yo where do i start i have to really go through these prospectuses and it's like fundamental trading hold on wait wait wait hold on what it's like fundamental trading because it's like it's not like with with art so what my biggest thing when i when i went to my money jay i was like you know i hope they want to screen up because i was planning to use my penny stock techniques to screen and see where

the volume is in ja right so where the volume is in the jsc so i can just buy those those stocks because obviously people are trading them or whatever but i realized that man this i don't know what i'm doing in the jsc which felt kind of weird because i'm a very experienced trader in the u.s markets um yeah man let me tell you something enough man can get gyal in india and china and come to jamaica yeah the problem isn't the problem is in the girls the problem is hey i am wrong wrong technical boss admitting in front of how many people you have on this thing here. 89 plus people that I am clueless when it comes on to the JSC.

And my perception initially is that it's a fundamental. Yeah, it's a fundamental. Yo, like I just tell Lopo today like how much I made on the US stock exchange. But when it come on to JSC, I don't know if I can enter the markets and just willingly take that out of the markets whenever I feel like percentage wise last year percentage wise

meaning I can't give you last year this year is when I start having a lot of success you can't give me a year this year I mean January February no no no the goal don't change last year no no stop right right oh yes i do want to hear that because that's my last year i was down like 40 percent it's a very experienced trader yeah last year was down like

40 percent on my portfolio but this year year, I'm already up about 60%, but I got funded about 500k from a prop firm. And I already brought that up to 5% this year. So... Yeah, so I mean,

you know, like... That's a big deal. So this year, you're up how much? 5% on my funded accounts. you know like that's a big deal no so this year you're up how much five percent five percent on my funded accounts you're up five percent yeah i'm up five percent on my funded accounts no man no man don't do that yeah please the money that you've put in compared to the money that you have no if you divide the money you have no by the money you put in, what's the percentage? Well, I mean, I paid two grand to do the evaluation for the challenges

and I got the funding accounts. So it is what it is. Yeah. Hold on, hold on. You paid two grand just to get the accounts? Yeah. It's like, so what is how it works? There are things, there's these things in the States called prep firms.

And what they do is that if you can demonstrate to them that you are an experienced trader, they will fund you their own money for you to trade for them with. And they do a 90% 10% profit split. So I

got... Yeah, she's done prop firms in here. Who gets a 90? I got funded 500k from this platform called Apex Trader Funding, I'm planning to scale it up to 2 million this year who gets the 90?

I get the 90, they take the 10 word, and if you lose it how does the split work? I mean you just, you don't lose you protect your no you you you no no no oh whoa whoa that's not a question if you lose you actually lose access to the funding right so you use access to the captain yeah you just lose the capital you know you can't at what point so wait wait i put in 500. I get the 500 to trade.

At what point in time do you say, okay, I can't put a computer in our trade now. You don't get 500 to trade then. Yeah, let me say that word. Zine, say for you, Danai, you use Apex, I want a 300K account, right? They charge $360 something for you to to enter the challenge right they give you they give you as long as you need to pass the challenge so for a 300k account

you have to show them that you can bring it up to 20k um and then once you show them that you can bring it up to 20k they will give you that 300k to trade with in the market's live. How do you show them that you can bring it up to 20k? You make 20k in a demo account. So you don't get to keep it? No. No. You don't. Yeah. So... Is the demo account using live marketing? Yeah, live marketing data.

So if you can do that, why don't you just do it? why don't you trade it with money? I mean, why would I trade my money with these prep firms? I'm raping them for everything they have until they stop. Please stop using that word like that.

Please, please, please. However, let me get this straight. You have to pay them two grand to qualify to get their money to invest. So here's the thing, right? This plastic... Wow, that sounds like a yes. That's how every skill started.

Hold on, hold on, man. That's how every skill started. Let me explain to you. Let me explain to you. We'll listen. We'll listen. If it ever sounds like a yes in there, it won't be something. This specific prop firm, they allow you to trade up to 20 accounts on ninja

trader at one time right so i did i just got the what does that mean bossy why this is a technical analysis for reasons that's so that sounds like that's so much this was it's really like something 20 20 accounts what's the max amount in each account um they go up to 300k but i don't get the 300k accounts i got the 100k ones so wait so you have 20 accounts with that with 100k no i have 20 accounts right now with um okay but I want to scale him up 25k each so you have 500k spread across 20 accounts okay so hold on

this outside your firm no you don't get the 500k so he's saying that he qualified to get the 500k in total from the prop firm and since since he got that he's made five percent on the 500k of which 90 of that five percent profit would be his based on the profit

yeah uh-huh yeah so four point five percent is it basically yeah so why weren't you trading your own money as i asked him i mean i'm saving my money because i have plans in this year i'm i'm actually making money and to me what's crazy is and to me this guy works at this company and doesn't know he thinks he's yeah that's a real thing i don't i don't mind working for him it's not a problem for me i don't mind working for them. It's not a problem for me. I don't mind either. I'm getting access to funds at large and I can spread my risk. So my daily goal is very smart. I was telling Lopo this. I am just trying to get into the markets,

make my $300 and get the hell out. Because when you overtrade, that's when the market takes all your money. No, when you overtrade's when the market takes all your money oh boy here we go with on. I'm asking a question. Hold on. All right. Hold on. We're going to pause.

Then I said no. Okay. No, no, no. Let me hear the point. Yeah, I want to hear the point. No, there is no point. I'm just saying. Come on.

It's extremely volatile, bro. That's all I'm saying. Hold on. Hold on. Hold on. No, no. Hold on. All right. If on. Hold on. Hold on. If me trade from one oka to two oka

and make money, am I then going to lose money if I trade from two oka to four oka? Not necessarily. No, man. But then, we just said trading too much is bad.

That's just what you're saying, right? I mean, there is so... It's not black and white. Come on, bro. You are... That's just what you're saying, right? I mean, there is so... It's not black and white. Come on, bro. You are a traitor. That's what I was saying. No, it's not black and white. You are a traitor. You know what I mean. I'm not trying to make it

seem like everybody is going to get those numbers. I said what I said. I was saying it's not black and white. When you said something that is black, you said it's not very black and white way, and I'm saying... No, man. If that's how you interpret it, that's not what I meant. Alright, so we meant all right so we're both on this under the same page yeah yeah so i was trying to say um the the funded account is almost um this the concept is near similar to um using leverage out here the idea is it's very it's very it's very it's it's the same thing it's the same thing yeah

yeah so i mean what i was going to ask mark was out of the the the total funding how much he has withdrawn because i mean he's wanting to put the um equity on the funded accounts but how much he has withdrawn because I mean he's wanting to put the equity on the funded accounts but how much of it have you actually gotten back so that so mark that would actually be your answer in answering the question about your Oh, yes. I forgot that you did Forex and then you learn what real investing is. I forgot, I forgot, I forgot. So you actually know the answer to the question that no... So Lee is the first Forex trader that has ever actually been able to answer the question that we ask all the time, which is... I am sorry, Tony. Lee is the first.

Lee is the first. i am trying to answer you answer me also but not after not not before he did um so and it's a very simple answer meaning your percentage gain. So, the answer to what Lee asked you, Mark, you don't have to tell us the color figure, but what is it compared to what you put in? What's that percentage, guys? Let's see.

I would say 10x the one I put in. I've been able to withdraw so far. You've been able to withdraw 10 times what I put in. I've been able to withdraw so far. You've been able to withdraw 10x what you put in. So you put in 2 grand and 20 grand, basically.

Yeah. Because they make 20 grand from the 25 grand they made on the 500k. So, yeah, basically. We make it simple, yeah, basically. Just to make it simple, yeah. Okay, all right.

So last year, using that same measure, what did you pull out last year compared to what you put in? Last year was a down year for me. Oh, so that's what you said was a negative. Why was it so bad? Why was it a negative? I wasn't using... Alright, so Danae, you're going to love this.

Wrong technique. Probably not. Wrong technique. Pause. Why Danae are you going to love that? Because it's all about the technique. It's all about the technique and making sure you have a good strategy. Pause. We're very clear on that.

We're clear on that and we understand where you were. And currently, you're 5% up year to date. Yes, sir. Alright. The JSC. An unappreciable

figure. What you said was like, we're talking about the millions right let's say anywhere from two to five million um gmd yeah yeah probably i mean i don't know the uh what's the exchange rate now in jamaica 155 yeah man every jamaican yeah yeah yeah yeah so my thing with the j jc is i like the fact that jc is not as volatile although one of my disagree um no we're not going to do no we're not you just you told us how volatile and how emotional the market is bro no the u.s market is brutal bro like the manipulation tunnel. I wouldn't call it manipulation.

Manipulation. It's just an algorithm. It's like, if people don't know how to trade the algorithm, it's going to take all their money all the time. That's one view. That's one view. But let's talk local. Let me hear local.

I want to answer some local questions. So with the JSC, right? Yeah. I like the fact that it's not as volatile however the trader in me is like it just it just doesn't seem right putting up large amounts of capital to invest in companies and just waiting for the dollar to go up based off of the dollar or the waiting on the price or the weighting on the price of the the stock or the security or whatever to go up based on just the participation of the current market down there it's like um it's it's it's not i guess for me because i'm a day trader um and because i really don't trust

the markets enough to keep my money in there for a long extended period of time, unless it's like blue chip level stocks, I'm talking large cap. I would just want a real good understanding of the market so I can just feel more secure. My suggestion, be an investor. I don't mean that investor versus trader. I mean, you're here to invest. When you trade, you're investing. When you're on the short-term trading,

day-to-day trading on the US market, you're investing. When you're on the market here, you're investing. Different ways to invest across both because reality is different. So find the method here that works. Don't make it an okay comparison of that thing or how this works across that.

Yeah, don't try to force. You will not make money on nothing like that. You're not going to make money on, okay, how is JLC different from the USC? I mean, there can be money in that. But if that's the focus of how I make money from this, because I can't do this technique that I learned uh this this chart don't work out into this pattern cut that you're doing that only because that works for you on the u.s market for the profit they make go to jc look and

say what kind of money i can make here how i make the money here it's what i need to do i ain't supposed to with it yeah what what strategy have you found works best for you if you were to term it in a way that is fun? No, no, no. I'm confused personally. So Mark, you said Lopo is your brethren. I'm sure that Lopo has said to you, yo, do grow up.

So it seemed like you're kind of asking a question that you know the answer yeah i'm going to say something right now i'm curious why you have trader in your in your bio two times because he's because he's doubled down on that double down yeah we need people to know some of us. Fully committed. Yeah, but watch me. Before we get there. When did it start, by the way? Go ahead. Answer that quickly. When did you start trading?

Day trading. Was it last year? Day trading? When did you start investing? Probably like around 2020. Or 2019. And before that, when did you start when did you start JC

no not the JC the SMB the options before you doing what you're doing now you said you were on options you did a lot of options was nice until options take away all of my money when did you start that doing what you're doing now you said you're on options you did a lot of a lot yeah man options

was nice until options take away all of my money when did you start that options i started options around late 2021 oh did you ever see him and it was nice so did you have the same yeah i mean you believe in it all right before options you were doing what on those penny stocks when did you start the penny stock game penny stocks was around same time as options honestly in 2019 i was trading crypto um and yeah and yeah this is crypto thing no you touch everything my mother my mother the blockchain we are we are talking about this crypto i just don't think most of these clients will exist in five years um no what do you mean exactly the struggle is to exist so don't make me turn off in speaker

I'm not against I'm not against We're not against crypto It does make sense We just all agree to exist We just don't all agree That those kinds of Alright I'm assuming

I remember Bridget asked me Last night what is Jamdex And she said I'm not conscious Of making it sound nice And said Yeah But yo

The thing with the JSE too No hold on Alright Go ahead Let me hear The thing with the JSE Alright Go on, hold on. All right. Go ahead. Let me hear the thing with the JSE. All right. Go on.

Continue your line of questioning. No, no, no. No, man. I want to hear that one. That's so interesting. I want to hear what you're saying. Yeah. Oh, me?

Yeah, man. Yeah, I see. All right. So the thing with the JSE too, right? I think because the JSE is basically like in the beginner phases of what um exchange looks like when it's being developed that is kind of exciting to me you know because that means that there is a lot of room for growth it can possibly be a part of that room for growth given my experience in in other markets hold on since you're my brethren,

I'll ask you the question with them. What you just said a while ago, you think you go have that mindset, strategy, outlook under the $300 a day S&P 500 business? You think that line up in just strategic

sense, that would work. In the JSC markets? What you just said, you said alright, is a emerging market coming up. Hell no. Potential for growth is going to be. So why are you trying it?

Why are you bringing that strategy to a reality that you don't think it is? Why not bring that strategy that is JSC. All right. I made sure to say that outright. You're right. You're right. I'm saying new points and lost.

I don't know how to navigate the JSC market. I think the most honest I've heard a trader, a day trader, come on this show and speak about the JSC. I don't know how to navigate it just looking at it from from a bird's eye view i'm thinking this is fundamental training but then i could be wrong isn't it so that's why we're not saying it wrong by the way no brother we trade based on fives here you know you're very wrong i'm joking i'm joking you see me i joking That's all I do I just let my eye on bits I'll call the guys on Twitter and say

So here's the thing Jokes aside though Sorry go ahead Matt finish what you're saying My thing is this I think I'm pretty good at trading The US stock market I'm saying yo But you started in 2019.

Why? Okay, so last year was bad. What was the years before that? 2020, 2021, 2022? 2020, 2021? I mean, I made money, but nothing to write home about because I wasn't doing it full-time.

I was still very focused on my business. Oh, gosh. I was still very focused on... You had a wonderful career. Yeah, man, make sense. I get what I'm focused on you know what i'm saying so i wasn't doing it i wasn't doing it like i'm a full-time day trader right now like like like i'm not i'm not doing anything else you see me so so so that's this is a different it's different you know it's not a course on how to recruit people to a group nah I'm not even for that

what do you mean post a long woman boss nah you go from trailer to Instagram celebrity nah I'm not even

for that one two yo nah nah I love a person I'm not even for that me need a team

tonight me need a team tonight no no no no I'm bringing it back to the market gentlemen

alright so I get we get a better idea of your history Mark and I like I'm bringing it back to the market, gentlemen. All right. So we'll get a better idea of your history, Mark. And I like, just like Danai said, you're the first... Almost honest. ...that I've ever heard be that honest and say that. And you know, to respect, I respect you coming and trying to find out about the market. Like I say, the market isn't bad. And the market isn't...

I don't know what I think about a younger market just coming into I keep hearing it from people that never see the younger market I'm talking about what year did the market what year did the market start based on the answer earlier

me? yeah man, I don't know if you heard it earlier which market 1969 1969 yeah man what year did the Nasdaq start the Nasdaq just started the other day that was like in 80s it was started

by the man it was the main guy who composed the Nasdaq the big scam artist right now why are we doing this why are we doing this made up was but made up wasn't was the spirit yes yeah yes yes he was yeah he was a spirit for the nasdaq so so february actually local what did i say february what was the... February 3rd, 1969. And February 8th, 1971 is when

the Nasdaq was founded. So the JSC is actually older. That's interesting. Yeah, and why I pointed that out, and to all the experts, I know that there are other markets, and obviously I'm not saying the JSC is not an advanced market it's not an advanced market however the point i want you to understand from that mark anybody else who's thinking the same way is that age that

defines a market complexity of the things offered is a function of the market function it's marketing the economy it's within and um and it's you know yeah mostly the economy that it's within the people also around it because you know the people are the market um like the nasdaq and all those advanced markets around the world are advanced markets because they're within strong economies and they pull they pull a huge part of their population into actually utilizing the market. And then they also get scaled by going outside. So, you know, GK and the NASDAQ or the NYSE or the LSE, the London Stock Exchange,

companies list on those exchanges even if they're not in that country. Companies list on those exchanges even when they're not in that country. That's another sign of greater economic scale and advanced market. And then different security types. So it's not just buying stocks and selling stocks, earning from that and the dividends. It's also having options. It's also having derivatives of that, right? it's also buying um commodities the broadness of the market so you are correct in saying that the jc is in a growth phase and at a growth point

but just don't pin don't pin complexity on age because the jc is not a young market and it's not even the first there was a market before that um and you can't answer that so i can't get a prize for somebody sure sure go ahead and say the kingston stock exchange yes correct kingston stock exchange that um that sat within the boj which was formalized. Yeah, yeah. Why is it that... So, to me, it sounds like the reason that the JSC has not been able to evolve as rapidly as markets comparable to, like, the first world countries is mainly because of the amount of people who are participating in it. If I'm not mistaken. That's not the only thing.

I'm not quite what I say, but that is one function. Yeah, a market is only as large as its participants. There's just significantly more participants in those major markets. Facts. And that's one of the main reasons why I trade S&P because that's the most traded commodity on the futures market on a daily basis.

All right, help me out. What's something that is used by almost everybody in the world? Or everybody in the world? Phone? No, phone? Never mind.

A good chunk of the world is still making phones, not using them. Ear? Ear is a good a good chunk of the world is still making phones not using them here here here here is a good one right here is a good one water is another good one the only the only way you can sell that everywhere is to make it extremely cheap right so you don't necessarily make a lot of money off it the people make a lot of money off those things are the people who have control large swathes of those things right right so why would you try to make a lot of money by going to the most popular thing why would why would its popularity be the thing that pulled you um it's not so much the popularity is more of just i I know I can get started. No, no. No, man. Listen to me. You just said, when I said that the market participants,

the large amount of market participants, it is one factor that make those advanced markets advance because there are more participants, so there's more that can happen. And you say, yeah, that's why I trade S&P because it is the most traded. he went yeah so i'm saying that is popularity but for the for the context of the people on the on the space no no no man the people on the space are following the context i'm not trying to i'm deliberately trying to show

you the concept not going to the depth of the thing okay concept because just like here is so cheap that we get it for free most of us they used to give it to our gas stations some gas stations still give them charge you know yeah some charging you know and even once they're charging they're not charging you a grand they're charging you maybe twenty dollars you might complain but if you need it you pay for it but almost everybody can come up with twenty20, right? Or $10 or $5. The people who make money off that air are the people who own a lot of gas stations and charge for the air at all of them. And they don't make a lot of money on the $5, but they make some money. But they have so much of them and it's used so much because everybody uses it that you get more, right?

That's how you make money off things that you have to do in mass and people who really make money off it are really wealthy so like the people who import rice i think detail is the bigger the biggest importer of rice in jamaica i hear i don't know if that's still true they make billions because almost everybody eat rice even the vegetarians eat rice right um jbg major chicken company, almost everybody eats chicken. KFC sells chicken from JBG. So it has that knock-on effect. But they have to sell a lot of chickens.

And in Jamaica, chickens are more expensive than in most of the world. Artificially. Because the law prevents import. If the law didn't prevent cheap imports of chicken, you would see how cheap, we as Jamaicans would see how cheap chicken is worldwide, which then has you understand why the companies that make money off chicken worldwide

are multi-billion dollar companies. But if I wanted to make a billion dollars, I wouldn't go into chickens right now because I would have to get to that if i wanted to make a billion dollars i wouldn't go into chickens right now because i would have to get to that kind of scale to make it so if you understand that concept my question to you is why did you pick the place to make your money the place where you can only make money off scale because it's predictable but it it's not. You lost money last year. I was using a different technique last year. So you didn't predict correctly.

And my trader psychology was at a different place last year as well. So I'm saying... So it wasn't necessarily the markets. It was me, the individual. That is... That is correct. It is never the market.

The market is never wrong. It is always us With that said Forget all of what you think You know about the JC What kind of money At the end of this year If you had a good year

If you had an okay year A standard year Doing what you're doing, what kind of money would you have made? This year, my goal for this year is to make 2 million. 2 million US? Yeah, that's my goal. But what's a realistic gain?

No, that's my goal. It's going to be either 2 million or it's going to be probably a room just short of 1.2. So that's a wide gap bro give him a win ratio and barring any cataclysmic black swan events that would cause the market to close

wait wait if you're 5% off since the year starts when did it start the action of getting this 5% up since the year started, when did they start the action of getting this 5%? Start of the year? No. When will they get funded?

Around closer to the end of January. You say you're 5% up in like five weeks, six weeks. In five weeks. Yeah, and I'm not scaling aggressively because I'm still trying to pad my account enough so I can start to scale

to be more aggressive so two mil is thing that two mil is 500 grand with a 90% buffer remember you know bro I have a scaling plan

for the year you have a plan yeah I have a scaling plan yeah man man I plan you know the rest I have a scaling plan and I have a scaling plan for the year you have a plan yeah i have a scaling plan yeah man i plan you know all right i have a scaling plan and i have a risk management plan so once i follow my plan so did so did the lehman brothers watch me so did so did so did ftx so did yeah we're just talking about money when When did they start using this technique? It must have been

in the past five weeks. Watch me. No, not in the past five weeks. Probably around since November. How was November? How was it when? How was it since November? I was just demo trading in November.

November, December, I was demo trading november november december was demo trading purely i'm back testing what's the difference it's not real trading it's not real money is it the real market yeah it's real market yeah so what was your performance i did pretty well um percentage yeah let's do that honestly bro um i can't give you the exact I can't give you the exact percentage I just remember that I was demonstrating a 100k account and I brought

it up to 120 between November and yeah between November and a little bit under 120 that's why I say I can't give you the exact percentage. I would have to look in my account. And then you ended that year down in the real market?

Well, I wasn't trading. I had a big loss in August, and after that, I just stopped trading. I know I needed to change what I was doing. When did you start winning this full time? Tell us It told us earlier This year

This year You just started seriously Alright Mark Mark So I think we get the picture My question to you is this You want to make two mil

What would be a nice realistic Percentage game for you? If I If I Make just one mil this year That would still be a win for me. I set my goal high, but even if I make like 750 in profit, that would still be very good for me. It would still be very good if you made a million US dollars. Even if I made half a million this year, that would still be very good for me.

Why is the goal moving? It sounds like your goal is shrinking. It sounds like a stretch to me, bro. If your goal is 2 mil, then 1 is not good. No, the goal is not shrinking. I set my goal and I set my scaling plan. However, trading

is trading. I am not perfect. I'm a human being. You see me? I think you need to meds back um what randy asked you know it's a really hold on guys hold on mark mark just i'll talk to you and i will talk to you going forward i i don't want to feel like we're ganging up on you and i'm asking you questions because i know that's interesting like i knew that i knew that i knew that when you started you wouldn't

tell me 500 grand profit would have been okay but you brought yourself to 500 grand and i think you'll go lower and i think at some point you'll realize your most people in the world don't make a hundred thousand us in a year i think if you made a hundred thousand us in a year you'd also be okay bro honestly and and and and and i didn't i didn't come on here to talk no must to be honest i came on here just as a curious person because i'm not. I'm not the type. Hold on. Hold on. I'm not the type to brag or try to lie. But we're not.

What I'm doing, I really was just curious about the market. So, JC, no one can tell you that. No, man. Just work with me. I am telling you about the market. But if I tell you I'm telling you about the market, you won't actually listen to it. You won't understand it. Because you're viewing the market a certain way. So, I am telling you about the market, you won't actually listen to it. You won't understand it because you're viewing the market a certain way. So I am telling you about the market.

I'm just not telling you about it that I'm telling you about. Well, I'm kind of spoiling it now. But it's okay. You're still so focused on it that you won't get it until you get it. So I think you'd be okay making 50 grand. As a human being, I'm not telling you not to make money. I'm not telling you not to invest, right? But I just know that we're talking about profit.

And last year, you ended negative. So I know you'd have been okay ending. If you could change last year from negative to 50,000 US more than I started the year, you would take it. So I know you'd be okay with 50K US profit. Because I know you'd be okay with $1 profit. because I know you'd be okay with $1 profit because you didn't even do that last year right so I would exactly so I know that so cool now just getting into the space to scale as you've done obviously also takes not just money but work and an understanding and an ethic and you are right the markets are volatile meaning the advanced markets

are volatile and they are unforgiving like you can they are unforgiving yeah man them will take away your shirt man that will not happen on the jersey. Let me go again. Hold on. Let me go again. You ever lose 90% on a play? Any play? Bro, I've been in a play and lost $20,000 in one play.

No, man, but percentage. Percentage on my portfolio? No, I've never been in one that's not big of a loss not your portfolio the position the position when you lost the 20k

that was the whole position oh so you lost 100% 100% yeah man that position did wipe out so on the JSC I don't know what you could do to lose 100%? Yeah, man. That position did wipe out. So, on the JSC, I don't know what you could do to lose 100%. Okay. It would be so much warning signs and the company gone terrible from the way.

I don't see it. And even then, yeah. Siboney, you don't lose 100%. Exactly. Siboney died in the 90s. Siboney died. Yeah. So, right off the bat,

you can get something else about the JSC, right? The punishment here is, to me, it's punishment. I don't like losing a dollar. I don't lose money. But the worst punishment is not 100%. You can't get up and go back to the JSC.

Oh yeah, I will leave. You see that worry I have about leaving the positions? That's not the worry you have. I know what you're scared of. That's not the reality of the JSC. But if you realize it,

Mike, you actually knew that first because you said way at the top that it blew your mind when Loper told you that he invests on the JSC and he doesn't set a stop loss. Yeah. Yeah.

In fact, he had to do a stop loss himself for the first switch play. He had to do the stop loss. Yep. Yeah. But people look and he watched

that for so long yeah it wasn't like John Ostar the sky is falling he was all cool that's what

really was yeah like every day at day trade I have a realistic goal like if I want to play in these markets I have to be okay

with losing $500 today alright and that is a crazy thing that's like I get up and I say yo if I want to go to work I have to be okay with losing $500 today. And that is a crazy thing. That's like I get up and I say, yo, if I want to go to work, I have to be okay with getting robbed. No boy, no rob.

No, you don't want to go into you don't want to go into well, it works if it works, but it is difficult. I said something last week and I said it again. I've said it I say it at Grow, I say it at other places but I don't really say it here difficult i said something last week and i said again i've said it i don't i think i grow i said other places i don't really say it here i say no i said it last you can say

it again one of the beauties of the jsc is that the effort to profit ratio is wonderfully low you thought that you just have to buy an ipo or you can make 25 You thought that you just have to buy an IPO or you can make 25%. And the truth is, you really can. But you don't want to make 25% on the 10 million. You're going to make 25% on 2% of what you put in. But even that situation, there are ways within it to make money that even at the most complex way I'm thinking about, is simpler than even just qualifying for the margin account,

the 25 scale accounts that you have. The effort to profit on the JSC is skewed in a wonderful way for investors and retail investors. That's beautiful to hear. Yeah. So I want you to realize that all the things that you thought

or still think about the JC and consider it to be a bad thing are actually blessings. Because we don't have the algorithm, as you put it. Yeah. We are not trading

against a computer. No, you don't know that. It seems like the retail is actually, it's the volume that moves these markets, which is, again, also kind of beautiful. In some ways, in some ways, in some ways. Because yes, the mass of the market,

but the mass of any market is the retail. However, it is not the norm. Yo, let me tell you a secret. It's late, so nobody will hear. Most brokers don't even consider their equity arms as a serious part of the business. It is put there as a loss leader or not really, know we're not we're not really making anything there or books would not be worse off marginally if we took away the one or the two percent that we make from charging a few for the fees most brokers don't actually care yeah they don't really care they won't say that but they don't really care um you guys have a um trading platform where you can watch no man don't worry about that yet

I want you to follow my idea here that I just told you is a blessing it's a blessing huge blessing because you know what it would be like we have 14 brokers in Jamaica you know what it would be like if we had 14 brokers in Jamaica

that took the stock market seriously we don't really have a market maker. Closest to come to a market maker is what? Chris Berry? Naked. Ron Dero, sorry. No, thank you for the kind words, but I wish, no. But we don't even really have a market maker,

a true market maker in Jamaica. And I hear people who know about those things talk about us like the market now that's a blessing yeah bro like surrender surrender no no no i want it i want it to grow and it is growing but i want it and it's a natural fact of growth go back and look at the NASDAQ and look at the US markets in the 70s and the 80s. Look how they grew

and when they're being consolidated. Go back and read about the markets in the 1800s. Read about the state market. Go back and read about the markets people don't like to talk about. The East India Company when they went public.

And look at that. Look at the pop history from Amsterdam. Look at markets and you understand that the advanced market is a side effect of the growth. Of course, I want the market to grow and it's going to get more

complex as it grows. JC doesn't have sharting now. You know why? Because nobody has the last big crisis that we had was FinSAC and that was more government and

all of that right we have not had a true crisis in the local market at least in my lifetime from the market meaning the stock market, at least in my lifetime, from the market, meaning the stock market itself. So because of the lack of that, we have not really, again, I don't want to say that things didn't happen. Of course, in the 90s, a lot of crap happened.

But I'm saying a market fall said thing, right? Where all the market hit and everywhere get hit. Exactly. Because of the market hit. What I'm saying is that nobody has yet been able to explain and show without a doubt or have the right crisis to say the market actually

needs shorting to allow companies... To balance both sides. I can't take an adverse position. I can't be risk. Exactly. Shorting is actually an exchange. It's an escape valve for the market. Markets that have shorting don't crash. It's an insurance contract.

Just think about that. We don't have that. We don't have a 1987 stock market. I haven't yet. Hold on. That was computer cars, wasn't it 1987 um that's black monday yeah black monday was it was a it was a um a bunch of different things but i think it was computer cars

like you said yeah at the core at the start but my point i'm trying to have you understand here is that lack of those robot traders and algorithmic trading easily available to everybody and actively used by major market players with money is a blessing. Is there any other exchanges in the Caribbean? None worth talking about right now. But you, the JC, is easily the best. None worth talking about right now. But you, the JC, is easily the best. You, as a regular person, with the right amount of money,

can become a top shareholder in many companies on the stock market right now. That is not a bad thing. That's a blessing. Because 20 years from now, you won't be able to do it as a regular person. That's one of the main ways how Tencent was able to infiltrate most of the markets that it's in right now it bought up major it bought up um large share um positions in these big companies across in the u.s and that's just the u.s for all over the world yeah wouldn't you want to be the tencent in jamaica i would love to do that which is why i'm so interested in the jc that's why i'm glad you're here but like i said i want you i'm trying to

teach you about the jc but i know if i tell you i tell you about the jc i understand what you're saying perfect yeah man you know i know you do because i'm making sure to not tell you it's about the jc i want you have to come to it in your own way yeah i understand what you're saying the next thing is the liquidity like yo i don't want like i don't want to let's say i have a i put together some money and i can't get into something at a good price or i get into it at a good price and maybe what i want but i can't get out right that's often something that's said about the market being bad that is a true problem but very very few people that have ever

heard of that problem actually we see we see we see for me now as a u.s trader i go into jc even if i put up even if i put up five thousand us and and you're telling me that the most i might it's just that's easy money for the market. I'm not even blinking. I can't think of one stock I can go about in business. Yeah, I mean, you're telling me that I don't have to worry about getting in drawdown even 2%

over an extended period of time? That's unheard of for me. Speaking English, getting in drawdown, say it in a way that everybody including me Oh, sorry. So, like, I put up 5,000 on the stock, and then the stock devalues by 5%. My word. Definitely.

Oh, that's a blessing. Yeah, that's a blessing. A wonderful thing. Okay. Definitely. But the fact that you call it drawdown is your U.S. leverage. Because remember, 5% is a lot of money for him to make in a day, in a week. 5% is what he's been earning for the last thing.

Yeah, but that's good. You have to know, I'm saying the percentage is matter to him in a way because he thinks of him that way. Over here, 5% is nothing. Right, exactly. So hearing that, that is nothing. Hearing that, that's not even well yeah yeah yeah same compliment 10 percent in three months and make it in a week pause pause i want you to you misunderstand something i'm not saying it's not even a

possibility you can lose five percent yeah i think i think if the five percent three percent if you have all right so the thing is i'm not saying i'm not saying what you're saying is but you know i'm saying it's good because for me five percent is easy to happen in the market in a day in a week over here i want you to listen to me i do understand what you're saying okay you can lose 15 in a day on the JSC. There's more than that. Today, Friday, the number one falling stock was PBS, and it fell 15.56%. That sort of fluctuation is not uncommon on a day-to-day basis. But I'm still trying to get you out of your U.S. market mindset, because imagine a mindset where

losing 15% in a day doesn't matter. Because it doesn't have to matter. It might mean you can get it cheaper tomorrow. Or it might mean that a big trade happened. Or just wait. Just wait for it to go back up.

Again, I'm not talking just the market. I'm not talking about the specifics. I want you to understand the concept from the market. So you don't have an issue in terms of money. I don't know your pocket. It's basically like what I say from the jump. Think like an investor, not like a trader.

I'm not doing either. I'm saying you're here for what you're here for. If you're trading, you're trading. If you're doing the fundamental, you're doing the fundamental. You're here to make money. That's the core of it. Find a way that the money can make

in the way you need it to make for the money you want to make. So Randy, let me ask you this. No matter what I approach, no matter which market I go to, I'm there for profit. And I need to find a way to make profit from that. Hold on, Mark.

If you could make, if you could put some money in if you if you could take all your money out of the us market and put it in the jamaican market next week and at the end of the year your money had grown a hundred and fifty percent would that be good would you be happy amazing that would be amazing would that be good would you be happy amazing that would be amazing the top stock last year ended the year 400 and odd percent up it's been since i know that i have known that a couple years now since i know that i there has not been a year where i haven't successfully invested in the majority of the top 10 stocks. Literally, every year, we have a conversation of how throughout the year, on this show,

we call every single, almost like eight out of 10, nine out of 10. Yeah, last year was eight out of the 10 of them. We called and invested in them personally. What was the lowest growth rate on those top 10? You come back and tell me. I don't remember off the top of my head.

I did a tweet about it. It was something like maybe 20-something or 50-something or whatever. Randy, send me a link to go sign up for you. Everymekel.com slash GRWR. You can go there right now. You can sign up for this month's own. But I want you to take the U.S. market idea out of your head. I understand that the local market isn't bad.

It is just a different market. But it is actually better than the US markets. It is better. You have given up entrepreneurship for making sure you day treated and get it right you need a right mindset my brother some days I miss the market many things yeah I'm seeing my clients most times during market hours the most we get more well I tell you what to buy and I know and I and I know I've got the other't put in it because yo. Mark, you know, Randy had told me about me complacent.

Alright, I'll give you another stat, Mark. Half of the companies on the market last year ended the year higher than they started the year. That's crazy. Half? You just don't see those things in the

markets. And you should see the mark. Hold on, Mark. Let me explain for everybody so you can speak to you, Mark. It means that if you close your eyes and pick stocks last year, you had a 50% chance

of winning the year. If you did it at the start of the year, you'd have a 50% chance of ending the year. Yeah, if you did it at the start of the year, you'd have had a 50% chance of ending the year with more than you started with. 50-50. And that's if you were doing it blindly and stupidly. Imagine doing research

and filter out the bad. You filter out the ones that is... The lightest research, the lightest real practical research... You change those odds so quickly. ...immediately puts you, it's unfair. Imagine taking, imagine taking, imagine saying, yo, these companies, these 20 companies, 100 companies, and I take out 20 of them. And I say, I'm taking them out because I don't believe they're getting it.

And you're right about 15. So you take out five good and 15 bad. You have 80 left. And on either side, you're on 40, 35 or 40, something like that, 45, 35. Yeah. So you can

flip your coin there. And you find profit easier. And I will tell you, I absolutely am 100% against flipping a coin to do it. 100% against Flipping a coin to do it 100% against it That's the worst way

That's the worst way But that's It's the worst way And it's the easiest way So imagine that It just gets better On top of that Do you know

How that sounds to me? Yeah I do Because I know The youth market also Yeah You've been working Too hard my brother You weren't meant

To carry the mountain You were meant To climb the mountain Yeah I know It's the truth market's awesome. Yeah. You've been working too hard, my brother. You weren't meant to carry the mountain. You were meant to climb the mountain. Yeah, I know. I know. It's the truth. It's the truth. It's the truth. So, Mark, you hear the complaint.

We just have a complacency conversation, right? You say it went down 40% last year. Complacent for half the year from you last year was 89%. Oh. Yeah. Yeah, yeah. Lopo nuh a friend for you. Lopo nuh a long time friend for you. I'm the man over here, I'll be a cup of money.

And I say yo, nuh go lift my for supper. Lopo been talking to me man. Hold on, hold on. I'm trying to carry you Because I know I'm deliberately carrying you through the parts And the sections of the market that I know are the most painful parts The parts that people have to kill off themselves for Meaning the advanced markets

And I give you the comparison on the local side The reason why Shape magic The thing you do, I call it shape magic The price The reason why ShapeMagic, the thing you do, I call it ShapeMagic, the price... Following the trends. Yeah. The reason why that is chosen by so many people is because at the core of it, the principle is understood that what the typicals call fundamental investing, investment based on fundamentals, is the best way to invest if you are investing a significant amount of money for a significantly long amount of time.

If you give me $2 billion to make profit on over 15 years, I might be able to pull it off. Fundamentals would make perfect sense. If you had to do that, if you had to make profit on a large amount of money on Jamaican stocks over 20 years, what are two stocks you would pick? Me? Yeah, you. With what you know right now.

I would base off of fundamentals? No. Anything. Base off what I know. There's two companies. You have 500 million. I would just, I would million and you need to make profit on it over the next 20 years

and you have to do it off Jamaican stocks. What two companies would you pick? I would choose probably cash-heavy companies. No, man. No, no, no. Don't do that. Tell me the name of the two companies. Supreme Ventures and

probably another good one probably petro jam i'm looking for companies that are extreme i'm looking for blue chip levels type companies no man don't come with that just yeah just come on all right you're gonna have to do somebody out for the top of media man um wait wait wait wait wait wait wait wait wait wait I don't know what I'm saying. What's that? It's a joke. It's a Brick Talk joke.

Oh. All right. Why did you pick SEL? Because they're just full of money. Like, they're very... I read their perspectives, and I was very impressed. All right. You read their annual report. Yeah.

The other one was... Whatever it is. Jamaica Broilers. Why did is. Jamaica broilers. Why did you pick Jamaica broilers? People are going to stop eating it. All right. You see how easy it is to... You see how easy it is to...

No, what you just did is better than flipping a coin. And I still wouldn't recommend what you do. I think of that as the worst way to do it. But what you just did is better than flipping a coin and it is something that every single jamaican is capable of doing oh you're not wrong we're not gonna stop eating chicken i don't even like people now if i had 500 million and i had to invest, you know what I'd do? What would you do? I would find fundamental reasons that are going to end up saying exactly what you just said.

People won't ever stop gambling, and a gambling company is going to pay out the majority of its money every single time it makes it, because you never know when the law might change and bite you, so give me the money before the law can take it. And a chicken company is not going to start making money because chicken tastes nice. You can cook it 10 million different ways. Right. Right? Now if you can't go into the

if you had to make profit in a short amount of time and a small amount of money you'd have to go more research, right? You'd have to go a lot deeper. deeper right that's what grow mean by the way grow research yeah so you'd have to go a lot deeper the reason why shape magic you know the um what's it called what's the technical analysis the reason why technical analysis is used is because of a it's based on the principle of understanding that i am not going to be able to go through the couple hundred companies on the the nyse or the nasdaq to find the right ones and then do the

deep research to understand where in their cycle they are and what's happening around them and how it might work in order to see if it's the right bit for my money that I have to make money on in one year or two years. But the thing that might be more reliable is how certain shapes of the charts look, what patterns tend to emerge time after time, right? Right. Now, imagine what a blessing it must be to be able to research every single company

on a stock market and know the whole of them. Because it's just a hundred. Is it a hundred and one? Yeah, man, we'll pass the bills, man. 101. So we're at 100. 101 or 102? I know most of them before I even opened, I think. You know how great it is.

You were able to pick two of the most profitable ones off the top of your head under pressure. So there's only 99 of them left. And one of them is Siboney, so there's only 99 of them left and one of them is Siboney so there's only 98 of them left alright I'm convinced no I want you to understand what two of them are

what it's funny I get on this because now what my plan is is that all of my payouts i don't really need them to really sustain myself and a month to month and my family so i'm just investing them i was planning on investing them back into the i've already started to invest them back into the u.s stock exchange but we might just take out our money and just send it down to jmb and just buy stocks well don't do that yet yesterday but don't do it yet first learn about it don't just jump the grow before yeah yes the grow if you don't choose to grow try and learn

more about the market no i'm gonna grow and then pick something that you that in the same way you picked it before and then just go a little deep on it and just try. But you want a demo account? Go to mymoneyja.com and just create a portfolio for yourself. I don't check if it's really your money. I don't know. We don't care. You just say what you have bought.

So like you said, the JBG and the SVL, just create a portfolio and put JBG and SVL in there and pretend that you spent a million dollars buying both of them at whatever price is available at the time. And set an alert for what your goal percentage is. Go in alerts and set an alert for what your goal percentage is. And see when you get the alert sent to you. I suspect it would be before December 31st, depending on what the alert level is. Okay. I'll do that.

Now, if the point I've been trying to have you go through with all of this is to understand that, yes, those advanced markets are great and obviously you can make a lot of money there but the downside of that is that you can lose a lot of money there and it is a painful market it is deadly right yeah and some of its functions make it deadly like when when when um when a stock starts to fall below its main resistance levels, it is almost likely to keep falling even more because there are a lot of people who have shorted the thing and they have a vested interest in it falling more. So it only makes sense for them to buy and sell it even lower because chances are they're doing it when it's 30% down with 10% of their portfolio.

It's going to cause the rest of their portfolio which they have charted against it as i put against it it's going to cause them to make much much more profit so they actually have an incentive to help it fall more right yep and somebody that has a massive amount of money like a market maker that that will make money no matter what actually has no incentive to stop that because why not give it to me for cheaper because two quarters from now it's gonna be 20 percent higher and i'm gonna be selling it same way yeah because the market because the market makers you know they can put up a hundred million on one position and just leave it and just forget about it because they are like

pensions upon pensions upon pensions going around. You know what all pensions in Jamaica are? They're afraid of the stock market. That's crazy. It is a blessing. All the people that should be making money off the market are either ignorant to it, afraid

of it, or just don't believe in it. So you have a market in which the retail investors, like us, have an advantage that is completely, very few places in the world can you get this. I love when I talk to the fundamentalists. Most of them work for pensions and insurance companies. And you hear them talk about things because, no,

when you hear there's about things because no we know when you hear there's like a limit legally in Jamaica that pensions are allowed to put into into stocks and equities right loads of the pensions don't come nowhere near it nowhere near it. That's crazy. That is Blessing my brother you can dollar-cost average a stock and become a top owner of the company in less than a year it Can last in 10 years somebody must figure out a rat it we've been ignoring the goldmine Do you want to be in the market before or after they realize the blessing that they've been leaving for us? before or after they realize the blessing that they've been leaving for us. The market is going to be advanced.

It must advance. You know why? Because eventually, there must come a point where something happens or somebody gets burned or maybe a sharp thing really just comes in. Do you think that's possible with the population we have?

Of course. What percentage of Jamaica do you think invests? We don't open it up to the diaspora or any other... You mean open it up? Yeah, it's not true. Are you open to the diaspora? It's already open to the diaspora. But two, what percentage of Jamaica do you think invests on the stock market?

I'm going to be very generous and say anywhere between 15 to 20%. I think we may be about to touch 1%. Jesus. And that's not really investing. That's like I bought dollar or I bought Wigton. And I don't even know. That's what you did. Yeah. I just buy it and it did it. And I don't know if it up or it just with ton. And I don't even know. That's what you did. Yeah, you know,

we just buy it and it did it. And I don't know if it up or it just did it. You see, in terms of active people actively on the market, let's say once, let's say twice for the year. So I guess, I guess. Hold on, hold on.

Let's say once a quarter or once a month. I don't believe that there are, I don't believe there, I don't know for sure, but I don't believe there are 25,000 people out of the whole country. But the entire country, the entire country, once they're able to go on the road by themselves, the entire country that's able to walk on the streets and go somewhere and come back home by themselves has more than enough skills to be extremely good at the stock market.

But only maybe 20 to 30, I actively do, are trying. It must rise enough people like me have a vested interest in every single citizen knowing this i'm doing it because it also benefits me and it benefits them it's a win-win right when we reach 10 of the country actively investing you want to be investing then or you want to be investing no bro my dad though okay well i'm not just talking to you talking to everybody who has the same thought like you're wanting to realize okay this is our gold mine and guess what you as a Jamaican know things innately that no one else knows. You know that if God comes 1.35 p.m. September 19, 2047, KFC line is going to be packed up to 1.46. Like, you know that.

Yeah. You know that, right? Yeah. You know that if, like, you're like, yeah, but suppose the economy dead, suppose the economy fall out. All right, for that to happen, like NCB, you'd have to fail. You also know that if NCB is failing, there are so many things that we would see crashing long before NCB fails, that we would know that NCB is failing, right? fails that we would know that entity is failing right so all right so for that i know that when it comes down to the economy it will all there will always be an economy right it's just as long as you have human beings is what we will agree to exchange even without them between each other

um for for services a transaction or not that's really because now you see the central banks um they might try to come with central bank digital currencies. You get me? So, I mean... So it must happen. It's going to happen. Yeah, it's going to happen eventually. And there's probably even going to be a social type of transaction-based system in the very near future as well.

Anything is possible. However, the exchanges will always be there because companies will always exist. However, the exchanges will always be there because companies will always exist. No, because humans will always exist and will always need to exchange value. Right. The only way I see

anything not going on anymore is if we literally become extinct. Which I don't hope for and I don't want and i don't foresee happening so but guess what if we get if we become extinct then none of this will matter but if we're not exactly then we're gonna need money and you want to make money in the place where the place where you can make the most with the least

the least effort to make the most you notice what I said when I came on here I said Jamaica the JSC is like the gold mines in the west when people were going leaving the east coast in America back in the 19 whenever they discover gold

in the west and going with them pickaxes and saying I'm going to take my shot at finding a vein on the west and going with them pickaxe and saying I'm going to take my shot at finding a vein on the west coast that is what the JSC reminds me of like when I look at it, when I think about it I just want to understand so I can get in there

when I'm in these markets I am trying to make as much as possible off of these markets well when you're in the JSC, you will, if you go into the JSC with an open mind and accept it for what it is and don't expect it to be something it's not, and actually...

It's good to go. Yeah, and actually some of the principles you already know, like having an actual sensible technique, but not a technique that somebody says is good, a technique that you've tested and seen works. And not seen works because it sounds good, but because I did it with a dollar, and the dollar became $1.10 or $1.20 or $1.50 or $2 or $3.

If you apply the right fundamentals to the problem, you are going to make stupid money. So you gave me a great suggestion, because I didn't know I could do that on my money. I can actually create my own portfolio, basically like demo trading. Yeah. And I encourage everybody to do it.

Which is great. It gives you the opportunity to try out the market without having to risk any money. I love that. And that's the only reason why i decided to become a day trader was because i was able to reproduce consistent results well you know so take your time here's the thing when you come to the jc don't say that you're going to the adage nah to me based on the explanation this is more of like

long-term swings no value value trading what i'm saying is when you come to the market just appreciate it for it is and you say you're going to the grow up you hear me talk a whole lot about the goal and i'll explain it even the stuff you know you mommy at grow and just listen and participate same way and you might be surprised what you get from it for the local market. I'm not saying that you can't do stuff in a day. You heard Yared earlier talking about doing something in

a few days, two, three days. I said, it took longer for me. It took me 13 days. Right. Including the two weekends. And that was what? What did what I say was for me seven percent and for yard I think it was 14% those are big those are those are good returns no those are no those are just vibes.

Yeah, those are just vibes. And I'm dead serious. If you're serious about the market and you actually approach the market like you're serious, you can make significant percentages on it. And then if you do enough, your portfolio is going to get to the point where, okay, I can't throw it around like I used to when it was 10 grand or 100 grand or... There's a way to work with that. Yeah, exactly. There are other ways. And like I said,

shout out to Mark, we're at a golden window in Jamaica's history with the markets where you don't have the problems that advanced markets have, you don't have the pressures that advanced markets have, and a regular person can very simply dollar-cost average them way into being a multi-millionaire on the JSC right now. And I don't think it will last like this another 20 years

because it is making so many people rich and so many people are taking the market seriously that some of us are naturally going to play the bigger roles which are going to force the bigger people to play the even bigger roles. And before you know it in 20 years we have an advanced market.

And then you have people who only do shorting. And then you have people who only do day trading. Day trading. You have people who only do index trading. Somebody else is like, oh, yeah, I only play the indices. Oh, I'm a dividend investor. Oh, I only do the funds. Or only just invest against what the Jamaican Jim Cramer guy

says. Exactly. And then if we get enough commodities around the place, maybe we'll get a commodities market. Maybe we'll go regional. And then, oh, I only do this. And then the big people from the biggest, best market in the Caribbean, do you think we're going, if we get to a Caribbean exchange,

do you think we're going to do better or worse than everybody else in the Caribbean? We're going to be better. Because we always are. Yeah. Think about the same conversation on why the US market is what it is. Exactly. Yeah. I just mean that

it'll be unfair to everybody else for us because we have so much natural experience with an with with an active market already if you read some of the articles when um ghl was listing on the on the guardian was this thing on the local market and when masio's coming to the market this is the whole market. This is how some Trinidadian investors see the Jamaican market. They look down on some... maybe I'm reading it wrong but sometimes it's like some of them look down on profit.

Like it's not like the Jamaican market where you guys have those companies that are doing 200% and 300%. We have a real market where nothing moves. We have a real market where nothing moves. It's a different thinking. So what do you think is going to happen when we... Because it must happen. We're eventually going to have a regional market or the Jamaican market is just going to be the market where all other companies are listed. It's already happening.

What do you think is going to happen when it is then Caribbean-wide? Or let's go, like you mentioned, the central bank's having digital currencies depending on which conspiracy theory you believe that means that we're gonna have one economy eventually right one way or another or it's gonna be very easy to interchange which investors you think are gonna be really deadly I know for a fact is going to whichever one i'm in is going to be the deadliest and i'm in this one

so yo get in now run run the do a damn good job let's make it out there and these are just coming i mean that's literally what i did while we were talking whatever whatever it But yeah, yeah. And I'm not saying that you should leave the U.S. markets alone because obviously there's... I'm not leaving the U.S. markets. My plan is to take as much out of the U.S.

and put it into the JSC. It's okay. It's okay. That's good. We know people have said that before. No, no, no. Hold on. Hold on.

Last year this time, last year this time, your sister came on and she was saying, but not leave the crypto markets. ask her how she ended the year. Yep. Now, alright. To be fair, crypto

is way different from trying to indexes. I'm not paying. Yo, yo, yo. I don't foresee the S s p 500 crashing anytime soon wait to the interesting part about that if it crashed you should be able to make money off it yeah exactly i mean it went down to them so but but then why is crypto not bad in that same view cryptages is no no you can't yeah yeah it's not the left side

of the mouth and the right side of the mouth opposite the same thing so i'm gonna i'm never i'm never really march next year march i'll be training the s p 500 trust me no and i'm sure she has she probably has some crypto still i have crypto still however i know what she's also said like she's seen the value of the local market and the truth is i'm not saying to take one up at the expense of everything else i'm just saying check out the local market and i know that if you approach it even 10 within even 10 percent of the seriousness that you approach any of the other markets that you're in, you're naturally going to put

more money towards the thing that is working. You're naturally going to. Who doesn't do that? Well. Alright. Let's see. Actually. I'm saying nobody does that.

Everybody does it. Everybody does it. There are some people who don't put money towards the thing that's actually valuable. No, no, no. Stop, stop, stop. Is it working? Is it working? No, it is, of course.

I think intention might be the big deal. Accidental gains, that thing. i don't want to explain it i don't want to explain it because i stopped myself from giving trouble like that all right i don't want to explain it but my point is naturally human beings all right the thing is working well we're gonna put more to it if if if i'm sure this um that if you put money in the local market, not blindly, deliberately, with the proper process, and it works, and you get 30% on it, you probably put some more, right? So, you don't feel like that can work for other markets, too? Welcome, Pajama. How are you? There, man.

Yeah, I think it can work for any market. My point is that if anywhere there's value, we're going to add more value to it. And once the value stops being there, we'll move. I know how valuable the local market is. So anybody who takes it seriously naturally puts more and more and more money towards it because you're getting more out of it. Nobody goes, well, nobody who's serious about it goes, I put in 100 grand, it became 300 grand, and I never went back there again.

Nobody does that. Wigtown went up, and then a bunch of people went got heavy, heavy, heavy subscription because of Edifocal, because of JFP, because of Spiritree, because of the 40 odd other listings that we've had on the junior market and however many on the main market before. Like they all build on top of each other. I wasn't always putting all of my money in the JFC. There was a time when I've always known about the JFC, but I wasn't I was always with all of my money in the JFC there was a time there's a time when I've always known about it Jesse but I wasn't always taking it seriously then one day I had to think wait why am I not putting more

money towards the thing that's working I want you think that there's no way you can stop thinking it there's no other i kept it so let me ask you guys a question what's your investment portfolio like right now though jesus is always on our side my brother bro are you at the party though yeah apparently jesus i'm so sorry about that um but yeah the point is retail investors on the local market can do things now that we won't be able to do 20 years from now. And it'll be a blessing to be able to do it now. A great example of this is like, when was NCB bought by Leach and LA? Was it 03?

04, I believe. 03 or 04? 19 or so years ago, 19 or 20 years ago? Big three. 19 or so years ago 19 or 20 years ago single digits let's say it was bought for 5 or 6 dollars per share right the retailing like I look back on that and I go oh imagine if you had a million dollars to put in it

at that time yeah I mean it would be worth much much much much much much, much, much, much, much, much, much, much, much more now, right? I've shown what would happen if you're putting 100 grand a month into carib cement over the last 15 years. You'd have a couple hundred million now, literally a couple hundred million now. now. 20 years from now, people are going to say,

yo, them could have buy... I don't want to say any stock at this point, but 20 years from now, them could have buy Fisco for... What is Fisco now? $4. Them could have buy Fisco for $4 back then, right?

Them could have bought JFP for What is JFP? $1.60 They could have left that one day They could have bought the main event Group for Less than $100 back then I don't remember who it was on earlier

And I'm sure there are a ton of very valuable Companies that have yet to be listed Still so I don't remember who it was on earlier. And I'm sure there are a ton of very valuable companies that have yet to be listed still. The majority of them, very few companies in Jamaica are listed. Yeah, and there are a lot of very valuable companies. Imagine when they start realizing that everybody are taking money from the market, and that's a competitive advantage they need.

Yeah. Imagine when they... What I think would push a lot of them to the market That's a competitive advantage they need. Yeah. Imagine when them, when, what really pushed, what I think will push a lot of them to the market is smaller entities, smaller listed entities chipping away at market share. Yeah. That's what will force them to the market. And I hope it happens for like,

there are a couple of companies. I hope it happens for national, more for national. I hope it happens for the other chicken company, Caribbean broilers. I hope they come back. I hope it happens for The other chicken company Caribbean broilers, I hope they come back I hope the Matalan's come back to the market. Sir Andy why you don't pitch to these companies to get them listed? To tell them get them listed You don't see it in my deep? I am doing it now

Just like I have to show you the market, but that's what I'm doing in that one, listen it now yeah okay just like i have to show you the market but hey that's what i'm doing you're not going to listen okay yeah well you know you need some more too if you're in a company that little annoying competitor is gonna whip the hell out in five years if them ipo and if they want to join the market they're not gonna have any tax of five years can you imagine your competitor undercutting your prices like 25 percent by their profit margin by their margin, you have to pay it on day one. How many years do you think you can last? You know what a good business strategy is? I've said this before.

The scariest thing if you run a company must be your second or third biggest competitor listing. Because they're about to have a hell of an advantage yeah they're about to have a hell of a war chest if they if they write issue the market will give them money if they come with a bond the market will give them money the bank that wouldn't give them a loan last year will now give them a loan now that they're listed. They might not have the best terms, but they can write a issue and pay off the loan anyway.

It is unfair. We're just going to take time. They have to see it. Some of them will have to lose their status. I hope they lose the listed companies. Others will come to the market and be giants. I hear, what's the medical company? Someone wanted to... No, man.

Glenn Christian's company. Oh. May I say something about that? That's funny. You guys will notice. They didn't even know the name of the company. It's a company that is one of those people who has won nationality list.

Carry me, Donny. Carry me. It's a company that It's one of those It's like how people Always want nationality To list Charm it Charm it I wait I don't want to say I don't want to say It's funny Because when it's IPO Everybody's going to Know about Charm it

Of course Yeah Right Of course Yeah I want all of the Companies come to the market I don't I pitch to who I can

And It's not like they don't know Some of them were listed Already you know Some of them were listed already. Some of them were listed and delisted. But I just want them all to come to the market. And I tell all the retail investors,

get in now while you still have holy papawas as a retail investor. 14 brokers and maybe two 200 market seriously maybe three maybe three how many things that market seriously don't i take it seriously broker yeah out of the 14. in real life yeah right in jamaica out of the 14. how many? Yeah In Jamaica Out of the 14 Two How many things Take the market here?

So I think in two I think we're doing the same two And I stretch it to three I mean I want to say I want to Coming up But I'm not really taking it seriously In certain ways

No man Really take it seriously Two And then If I mean like All serious Then one One really take it serious.

Two. Two use it and use it well. Three are trying to walk it. Three, the two and then somebody trying to walk in. But them only really looking at one aspect. So there are 11 others. 11 others that have this coveted thing, brokerage license, member dealer. Out of the 14 of them, 11 of them don't really take it seriously.

You want to be in before them realize or after? Because they have a lot of money. And they're like the gatekeepers of the market. Like, they, you know, they're pulling money off on the no real estate.

Can you imagine that? Yep. Yep. Yeah. So, yeah, that's the blessing. Anyway,

that's the Friday night preaching. Pajama, you had something else you wanted to say? Or you just didn't want to hear something? I wanted to ask you guys. I hear you guys talk about investing a lot. Every week?

Yeah, every week. What is your portfolio like? Are you guys diversified right or is it just a local market trading stocks and that that type of thing wait wait i mean we care so we're not diversified no in terms of what you get a lot of followers from from doing this from doing what i'm trying to figure out what you're doing because i know you know the answer to that it It's exposure. It's just like if you guys ask me a question,

my answer. Answer a question. It's simple. That's smart. I've really... I've also thought about that. I really should use your phones for... I know you're asking. We'll answer. Use your phones for i know you're asking i know you're asking we answer yeah we we like the local market we like the local market the jc

just like how i would say i like the forex market so while i trade the forex market right i am I am diversified, right? But I'm asking if you guys are diversified also, meaning you guys, for example, for example, me, right? I don't like the returns of the local market, right? Understand.

I will put money in the local market, which I have done, right? Yeah, so, I'm just asking if you guys are diversified or willing to try other markets because, based on the earlier

conversation, what I've been hearing, because I've just been listening, right? And Mark, like, Mark, I don't want you to feel a way... I know this is your podcast, guys, but Mark, Mark is an upcoming trader. I don't want you to feel a way. I know this is your podcast, guys. But Mark, Mark is an upcoming trader. I don't want Mark to feel a way. I feel demotivated.

I feel like him can't really get into this. What he's doing is mediocre. Because I was. Where would he get that impression from? No. You guys were talking about fun. You guys were talking about fun I saw you guys laughing at the man

You get me? So I'm just here We were laughing at him? Maybe Well to be fair People don't know Let's just laugh They don't know if we're laughing

But no we weren't laughing at him Some things were funny though But we were joking a lot But you said you were listening You said you were listening So you wouldn't No man I never get the vibes I never get the vibes I never get the vibes um but in terms of what you're listening you said you were listening so you would now man i get the five seconds for example right let me just be clear with you guys

i'm a person where i'm used to a faster pace market right and the way you guys were i don't know maybe it's the way you guys were yes it is the way you guys were I don't know maybe it's the way you guys were yes it is the way you guys were saying stuff because it was like you guys are putting down one market to make another look good remember every market as it's You're right. Sorry about that. Just as I'm willing to try a market, I was just wondering if you guys were willing to try a market also. Is it investing in real estate also? Is it investing in probably a physical business, e-commerce, whatever it is? Because that's a diversity fight also, or is it just a local market?

Because that's a question. Is it diversified also or is it just the local market? Because as a true investor, I would assume a true investor would be diversified. Because we do understand that certain times, you know, certain market might be up, certain market might be down, you know, good or bad. That's not why I diversify, actually.

I diversify because I see an opportunity that might make sense for yeah we understand that you get me remember i dropped out of school now you guys are right on me i just want to put that out for you guys school so we don't have to go there we just ask you guys a question what are you are you bringing the one boss ready all right ready boy all right hold on listen fine so the answer to your question is that yeah we invest in different markets um then i also run the businesses the best advice on the local market i also run a business i have two businesses i do every nickel ja and my money ja that's two things And every now and then I dabble in the Jamaica stock market and other markets as we hear me talk about. We're not bringing one market down by comparing it.

If I say three or one, which one is bigger? Three is bigger because it's bigger than one. In the same way, I i will say and i have said that the local market is the best place for any jamaican to invest and then i tell why if you hear why and it sounds good it don't mean that the other markets are bad they're just not better better than the local market in that way. The Jamaican market is not necessarily better for a Singaporean trader who knows the Hong Kong Stock Exchange to invest in

than the Hong Kong Stock Exchange would be for that trader. But for me, the Jamaican market is better than that exchange because I don't know it well enough. And I'm saying, the Jamaican market is better than that exchange because I don't know it well enough. And I'm saying to another Jamaican that we have an unfair advantage when it comes to this market. We have an unfair advantage in almost every single area and the areas in which retail investors can have an unfair advantage, those areas in advanced markets are the more advanced the market gets is the more bigger

entities take up those areas and reduce what you can do right on the local market as a retail investor you have a power that is unfair because the people that have the money and ability to do those unfair things don't pay attention to the stock market. So I'm saying to every person I can, get in before them realize. Because when they do realize, they are going to act in the way that they have to act at their size.

And if you are in before, it benefits you. And if you get in after, it also benefits you. But it's harder to get to the money. Alright? Now my earlier point, is a non-sequitur i mean was that i know that you know the answer to the questions are you asking because you've been listening for a long time it's never week you know what we talk about you're here last week talking about it so there's no way asking if we only invest in the local market or whatever so So my thought is that, oh, you realize that these guys actually know what they're talking about, and it does give you some amount of visibility

if you talk here. And the truth is, I don't care if you do. Wait, bro, what are you talking about visibility, bro? What are you talking about? I don't understand. Visibility? It's the actor, the art of being seen. I know bro i know trust me i know you have a lot of visibility but i mean visibility wasn't the right word um i want to what's the word that

means like it makes it gives you visibility in the right areas in the right way which i don't mind here i i joke about free ads to everybody on it. I'm fine with that. But actually, have a real conversation with us. Don't ask. Don't ask. Don't ask.

Look at this, right? Look at this. Based on how you guys talk, based on how you guys talk, it seems like... For example, let me ask a question. Have you ever tried the Forex market,

for example? Have you tried? What is it like? What was the experience like, man? What was it like? If you have a real conversation, you still get the eyes and the visibility you want. But we're actually still talking. I'm just asking you.

Why is it so difficult? If you ask me something, I'm going to answer. You are. No, no, no. We've had this conversation before. Yes, we have. Then I was talking to Randy. With respect.

They can't speak more respect than them, boss. But we saw what he said. We talked about it already. Yes, we have. I don't think we can hear him at this point I think he's tripping out Remember I'm doing grow up No remember I have a class Remember I'm a student I'm a student asking you a question Randy Alright Randy class remember i'm a student i must i'm a student asking you a question randy all right remember

why are you why why are you coming to the conversation boy you're really making this funny nice i'm finding it hard not to laugh oh boy all right so pajama yes i've tried for it so what's my experience like it was okay i realized how volatile the market is i'm not a fan of shape magic i like what do you call shape magic by the way technical analysis technical analysis um do you understand that there's a lot of fundamental involved as well right which is what you guys like no you don't know what we like but yes i do understand that i do understand that there are fundamentals involved in every market what you guys like. No, you don't know what we like. You don't like fundamentals?

I do understand that there are fundamentals involved in every market. Do you like fundamentals? Yeah, I do like fundamentals. I like fundamentals and I like technical. You don't know what we call fundamentals. It is

highly... The people that you hear us talk about do not believe that we like fundamentals at all isn't fundamental the underlying data that kind of governs the market though

you know price what cause price to move what type of economic what type of economic activity is causing a reaction in the market? Isn't that fundamentals? That is the definition of fundamentals. You know that you know this, right? You have a course and that's at the first part.

Bro, I've not been pushing courses for long as well. I don't care. I'm just saying to you that, okay, I'm just saying to you that let's have a real conversation now. All right, what do you want to talk about, bro? What do you want to talk about? What are you interested in? I was asking it. What's the one stock?

No, man, hold on. No more questions. I'll ask a question. What's the one stock that you've bought in the market that you keep mentioning that you've been in the market for it? The Jamaican market?

Yes, sir. I bought into Wigton. Oh, congrats. What else? Yeah, I bought... Did they chop this line? Yeah, I bought it. Did they chop this line or? Yeah, I'm listening to you. I bought into Wigton.

Wigton and what else? I bought into 1&1 and I'm looking to buy into many others. All right. So Wigton, the popular one, 1&1 recently. You're not doing 1&1, but you're not very up, right? I'm in profits. I'm okay. It's a long-term move.

I just put the money there to chill. Oh. I don't have chilling money, but I get you. One-on-one, you'd be up what right now? You bought from IPO, so you are at 18% profit. I understand. That's annoying. Did you buy

more after the IPO? In terms of one-on-one? Yeah, after the IPO, did you buy more units? I'm planning to buy a lot of stuff. Okay, so you're at 18% profit currently. Wigton, you bought it at the IPO? I bought it at the IPO.

Oh, that's great. So you're also in profit on that one. Oh, that's good. And you've gotten dividends from Wigton. And I'm sure you hope and in time you will get dividends from one-on-one all right so you have the two stops one that was popular because of all of the ads and the other one because you have the right link so it's not about link it's about you know understanding the the value that the company is about to offer or has been offered.

Okay. So, Wigtown, you're at 72%. If you bought at IPO, that's 12% on top of 22%. So, you are at 44% profit on the Wigtown. You bought anymore Wigtown since the IPO? No, I have not bought anymore. Well, that's good. Look at that. You know next to nothing about the market and then profit on your two picks. No, I've not bought anymore. Well, that's good. Look at that. You know next to nothing about the market,

and then profit on your two picks. No, no. Can you imagine? I don't even look at the money, honestly. No, I'm being honest with you, right? I buy them and put my money there. I don't even look at it, honestly, right? It's just playing around the market.

But what I've been asking you, right? Let's back to my question, because I see you're deflecting. Back to my question. Why did you stop trading the forex market you said you tried it, why did you stop because the effort to profit ratio of the local market, the JSC

is orders of magnitude better than the forex but bro better is relative to your understanding of the market and the amount of work you put into it would you not agree with that that's exactly what I said better is relative to your understanding of the market and the amount of work you put into it. Would you not agree with that? That's exactly what I said.

The effort. For example, Mark just started last year. The reason I actually requested to speak was Mark and I think somebody else came on and they just started their journey in terms of trading forex. The thing is,

while I understand, Mark, it might be rough starting out, just like stock, trading the Jamaican stock. Was it rough? Was it easy when they just started out? Yeah. It was definitely easy.

All right, cool. Congrats. You're amazing. You're the best. Cool? No, that is actually true. I am the best. So listen to me.

Cool. I'm telling you, even you, even you, even you, even you, even you, even you, no, you are finished. Even you,

who doesn't know anything about the market, have been able to make out two winning stocks over the last year. The market when I make over $10 million a month, I'm trying to understand. It's like, it's like it's like look at this right let's be real we're not talking about money now right well let's be i know i know all right like i look at this i invest in the foreign market whether it be foreign stocks whether

it be the forex market whether it be the local market right right no the local kind of the foreign man bro bro this is not about freaking um being correct bro it's not about formalities i'm not trying to be formal right i'm just trying to bring up a point anymore you can go to any market without the real estate market or any market times good get good money from it. Just like the local market. Yeah. But look at this stuff. Yo, man, why are you jumping in so much, man? Because I'm talking to you.

Yo, because I'm talking to you. What are you talking about? Yo, brother, I don't know what's going on. Pajama, pajama, pajama, pajama. Pajama, I don't understand. What's going on, brother? All rightama pyjama pyjama pyjama I don't understand what's going on brother alright

nobody he come down I don't understand alright listen clearly you see it's a co-host at the top of the screen

then I co-host in the show just as much as we're not going to do that we're not going to have that kind of show and it's too late oh god

yeah you know two o'clock one o'clock we don't need the feelings at the time yeah I'm not going to have that kind of show. And it's too late. Yeah, two o'clock. One o'clock. We don't need the feelings at the time. Yeah, I'm not going to go through this. I don't have the energy for that. Oh, God.

What's going on? I hope you guys have enjoyed the episode. To cap off what we've been talking about with the history, the brick history month. As you can see, these are the stocks that ended the year up. Not the year, the month. Much, much higher than they started.

From the high of Palace at 80, as I said, to the low of ECL at 0.2. And on the downward side, there was Margaritaville down 28% and Massey down 0.08%. I think the rest of the year is going to be – this is what you'd almost call a boring start to the year, but as you hear, there's still exciting things that have happened in it. There's only more excitement, I think, to come.

And I'm excited about it. I don't have the energy to do any more of the playing it cool. I have one last question, Randy, if that's fine. Yeah, that's fine. Go ahead. No, no, you go ahead. I was going to you in in in in light of the the jc right how do you find uh what happens in the the for instance the u.s stock stock markets does it have much of an effect on on what happens in the jc markets or they're completely basically like

independent of each other like for instance now we're having these bank runs you find that that may that may that may extend into the jsc do you factor in these things when you're when you're looking at companies to invest in um hold on don't ask the whole for the question because i'm not like a super computer uh his answer is no yes do i am aware? Do I factor them in? Yeah, I factor in the things that affect the local market. But like those things don't.

There are other things that do affect the local market that happen outside of our shores. But like the 20th biggest bank in America going under does not affect the Jamaican market at all. Crypto crashing doesn't really affect the Jamaican market at all. Crypto crashing doesn't really affect the Jamaican market. I know that's a point of some debate,

but the easy answer is no. And the technical answer is also no, not to that level. It doesn't matter in that way. There are things that will matter at certain times but so like if if ncb lost their corresponding corresponding banking license like

if they lost the ability to touch a federal the u.s federal system that would obviously hit the jamaican stock market not only because a lot of companies would be affected but also because or the second biggest company on the stock market would have lost one of its most valuable financial tools, right? So something like that would affect it, even though it's outside of our shores. Sam Bankman freed, getting found out. Does that affect the market? No. SSL affects the market much more than some bank

and whatever. With the current Usain Bolt's crap. Not Usain Bolt, the current SSL problems and Usain is one customer. And I gather that not everybody there even knew he was a customer.

So, yeah, you know, it doesn't count. Yeah, man, you know, it didn't count. Yeah, man, I mean, just like the overall scandal. The overall scandal of what they're doing. Yeah, the overall scandal has affected the market much, much more than the war in Ukraine. The war in Ukraine did affect the market with regards to FESCO. So that was a good thing, right? But, yeah, not like

that. Other things that might affect the market well, positively, because affect is affect, not just good, not just bad, but also good, are things like the stuff that's happening in the insurance sector now, right? The reinsurance. That is not just Jamaica, it's regional, but it's affecting Jamaica and it will affect our market. So I don't want to say that it's a no, but the simplest answer is no. There are things that affect the market and you should know those specific things.

And those things change all the time. So you have to pay attention to it, right? All right. Respect. Respect. We did our job back and forth but we never feel no way at all because we're very confident doing what he's doing but yeah yeah nobody's gonna come here come on and disrespect anybody on this right yeah as i say i found i said it during my talking i found most of what you're saying interesting in terms of like you're doing a lot and the fact that you're doing it i don't

i don't i don't even know if most people really get how much you actually put into that you say okay once a month to do this thing full time i mean we always say that we always talk about that doing this full time and then and then he was mentioning where the profit can go into the jsc has us more invested brother yeah do i think man so do it yeah respect me i don't know where any idea that that what you were saying was taken by there i mean i mean i got lucky with randy program so you're gonna see more of me so you know and i'll tell you i'm biased i'm biased i'm gonna tell you don't don't don't go through a whole lot of money in the u.s market don't grow up for a sentence right because i know what the local market has to offer and i know i know that the effect that like 100k us in the u.s

market is not even a drop in the pond that's like the breath against a drop yeah it's nothing it's nothing 100k us in the local market that one man invests the right way over a year that that that can be generational wealth building in one year done right. And I'm not saying that everybody's going to understand what's going to happen, but the effect of some things that can happen here

and have happened here, outsize effects positively. You don't believe me? Chris Berry was on last week. And somebody had a similar kind of concern. He himself said, if I tell you some of the things I've done on the market, then they'll have to tell us because somebody is public.

You can see with the share counts, right? Multi-billion dollar moves. And that's just one person. Yeah, regular people, millions made, lives changed. So trust me, if you do the local market right you won't want to do anything else because you realize that you're my final gold mine oh yeah chris said it better than i did the whole be an investor not look at the trader just you know it don't matter the market don't matter whatever where you know you can make the money where you can make the

best money you can make that's where you should be. Randy, can I use my Kingston Stock Exchange answer and give Mark a discount? No, because Mark has money. As you've heard, Mark has a discount. You see, I left something here. That's why you know for this too is the information.

No, no, no. Mark, you can get a discount you can give him a discount I'll give him the discount that you would get if you

did grow a low price respect respect yeah man no problem and just send him to DM me and

I'll sort it out hey I paid full price for a year membership and money my money and that's and that's on renewal so hey

you get full price there you also get a discount on that after you grow so cool big up all right uh anybody have a last question send a speaker request now or ask if you're in the group otherwise if you're in the speaker group right now otherwise we're gonna say good night um very very quickly anybody have any last questions any simple questions or complex questions ask now or forever hold your peace

what let me not give you trouble anymore you give me trouble because I don't know how to be the good guy all the time it's wearing me down. Lithium.

Lithium Lily. Greetings, greetings. I've a simple question. Greetings, boss. It's about the grower thing. I look on it and I see 101. So I'm going to know which one I want to select. Beginner grower.

It says that. All right, cool. All right, cool, cool. No, no, no. Tell me what else you see. Well, let's see. Look at my comments. You see, are you seeing this screen? I don't know if you can see my screen right now on youtube

you see the screen with four things grow workshop one says grow a workshop streaming yeah yeah pick that one okay and you see it's a full hour split session at the bottom it says purchase i'm assuming you want to purchase that's why you want to click purchase and the rest of it is like buying anything else online so the one I should go with is the

the workshop streaming only yes the grow workshop streaming only alright cool no problem well that was an easy question i thought you have something market related all right right it's market related yeah that is true but we've had enough self-promotion for one night one last thing i hear you and then i keep saying there's really one broker being anything into me can you please disclose the name of that broker

i grow i talk about all the brokers and i explain it so you will hear that low probably in dna right now anyway respect respect no problem all right people thank you very very much i hope you enjoyed um this week's brick talk it's always exciting if nothing uh and we'll see you next week or the week after um next week we might try something cool well i think in one stop uh i'll tell you how it goes next week but yeah, big up thank you for jumping in

everybody, including Pajama for I don't know but also it's still good we're not on a bad blood we're not on any feelings I'm not sure where I'm at

I think it gives us a bad blood I think he must invite us I hope so it's very exciting anyway thank you

guys very much and good night we'll see you next week bless up everybody respect for

the work bless up people bless up Thank you. Продолжение следует... Thank you.