Earnings Season - BrickTalk - Practical Profit

Episode Date: October 13, 2022

On this #BrickTalk we're talking stock market plays & Practical Profit. Whether it be calling the Barita rise weeks ago or planning on SSLVC a few years out. Repeatable, practical profit ...is found in avoiding accidental profit.📲Contact📲📧Mail - Earnings@everymickle.com🐥Twitter🐥  www.twitter.com/Earnings_SeasonRandy - @RTRoweDanhai - @HDanhaiOfficial Data Provider 📊 - www.MyMoneyJA.com🔗Links🔗MyMoneyJA - https://bit.ly/ESZNMMJA (12 month discount included)GRWR Beginner Investor Workshop Link - https://www.everymickle.com/grwr(Enter EARNINGBRICKS at checkout for a 10% discount) Advanced GRWR Short Term Investment Workshop Link - https://www.everymickle.com/agrwr(Enter EARNINGBRICKS at checkout for a 10% discount)Danhai's Advisory Session (Automatic 5% Anniversary Discount Included) - https://bit.ly/ES2YREF ★ Support this podcast ★

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Starting point is 00:00:00 The following podcast is for informational and entertainment purposes only. Nothing said on the podcast should be construed as investment advice, nor should anything said be relied upon as the basis for any investment decision. Any reference to an investment's past or potential performance is not and should not be construed as a recommendation or as a guarantee 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 everymekel.com or any company affiliated with the hosts or the guests. Hosts and guests on the podcast may maintain positions
Starting point is 00:00:27 and securities discussed in the podcast. Neither everymicle.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. All right. I'm sorry about that. Can you hear me? We'll be right back. I apologize to everybody for that rough start. It might happen a couple of times. The space shouldn't quit again. You're on.
Starting point is 00:01:31 So as you stay on, it should be fine tonight. That's good. Yeah. So again, even everybody, I don't think I need to intro again. I was just making some good points around how people approach plays. I always say plays in case there's like an ultra beginner. Really just the approach
Starting point is 00:01:48 that you are going to make some money in the stock market and you see something, right? I think the most common play on the market is probably an IPO. IPO, do you think that I... Okay, IPO results.
Starting point is 00:02:02 Yeah. Yeah, results, but yeah, results probably truly the most common, but IPOs, the most hype. The current thinking, when I say I play here, let me give you an idea. I play this
Starting point is 00:02:18 by the IPO, I'm going to sell it when I double my money. I triple my money. That's you looking for a play. So, how do you double your money? I buy the, I don't have to say any IPOs because people are so sensitive.
Starting point is 00:02:33 I buy the one-on-one IPO. That's my plan to make 100%, right? And so, you buy the one-on-one IPO and then you vex because you only get 2% of what you,
Starting point is 00:02:42 you didn't get 2%% of what you applied for. So the play wouldn't work. But if you had gotten all your money and one-on-one did double up, then if you sell it at $2, then you double up your money. That's a play. Another play is like that stock split one with Fosrich. I don't know if that was one you were looking for earlier than I was. Yeah, stock split, yeah.
Starting point is 00:03:11 So you kind of mentioned it earlier where the stock split was supposed to be the play for a lot of people. I don't know how many people I can tell you, DM me, talk to me, tell me, say that's what I'm doing. I had two and two grows. Both the split grow and the main grow investment course. I had people who were telling me, oh, yeah, man, my plan was to X, Y, Z, R for the fast-rich stock split. Even in my subscribers group, I had people who tell me that, you know, their plan was to make X amount of profit.
Starting point is 00:03:45 And that's how they're making it. Oh, I'm fast rich. Okay, how am I fast rich? The stock split. Cool. Stock split happened. You make the profit. Why not?
Starting point is 00:03:56 And, well, how no? Because it happened, right? The thing that you wanted to happen, the thing that you said you were going to make you say you're gonna make the money off of from happening happened and um it all made the money you say i'm gonna make yeah for some people i was 50 and could i do it we never do it why exactly exactly um so it's crazy to me how many people have these points that they say they're going to make money from on the market but they've never even slightly really thought about how the points work and then i made a great point earlier
Starting point is 00:04:29 he made a point about um how a lot of people they must hear somebody else talking about it so a lot of people get into plays really i heard somebody who i think is an expert talking about xyz me here and then i i thought about-rich stock splits on BrickDark. So, I buy fast-rich for the stock split. What? What does that mean? Because fast-rich is going to do the stock split. And then the stock split happened.
Starting point is 00:04:56 Did you make a profit or not? Like, how we approach the plays. If you want to make practical profit, how you approach the play is an exceedingly key thing i've done an advanced grow on it and when i was prepping for the advanced grow i thought you know this might be too simple but then the deeper i think i realized the one no it's not too simple two a lot of people are guilty of it the loosest form is i buy a stock because somebody has told me about the stock i hear
Starting point is 00:05:26 somebody is talking about the stock but the a more common form is i hear somebody talking about the stock and i decide that i know a thing about the stock so when i ask people about it or i can tell you a lot of things around the stock as to why blah blah blah right foster it stock split yeah well i mean the shareholders voted quite at the age him and they're blah blah right fostered stock split yeah well i mean the shareholders voted twice at the age and they're doing a 10 to 1 stock split and they have a new business line and they're losing for jps and everything yeah man they're doing tbc and you know they they have yeah like i said they have a subsidiary or they have an associate company and um and they give you everything but the game that we're playing.
Starting point is 00:06:05 It's not a game of, can I repeat the most facts about this stock or this company? That's not what actual knowledge looks like. That's just data. Yeah, if you're serious about making money on the market, you have to have that approach, that practical approach. And the practical approach is built heavily, heavily, heavily, heavily on actually doing the thing
Starting point is 00:06:30 and knowing the thing that you're doing and knowing the thing that you're planning to earn from. Like, it seems so simple. We do it in every other part of our lives. Digicel giving away a free TV. How you get the free TV? Well, if them call you, you have to answer and say, pick up Digicel giving away a free TV How you get the free TV Well if them call you You have to answer and say Big up Digicel
Starting point is 00:06:48 So you know the process Of getting the free TV From Digicel You are in the position to get it Right Yep And the stock market Boy my double money
Starting point is 00:07:00 Boy made my talk about SVL last week so sdl that that is that that is not the that is not the thing right yeah yeah i can't tell you how much i get that just died lady i mean that's the first sessions on why we bought this stuff like i was figuring what to go what was the goal before this i want to know what going on with the client and how they were i think that how they were invested before xyz and a lot of i get is well i was in there because facts about the company that's the way i thought you were going to get out of this uh sometimes i have a number most times it's just why facts about the company is one really good right now and i i expect that people will decide that these facts
Starting point is 00:07:44 about the company, meaning the company is worth way more than this. Well, you see it already. It's like an analyst can tell you, instead of going to the fundamentals, quote-unquote, or the numbers, and tell you X, Y, Z, and tell you these things about the company and why it should be worth more. Yeah, it don't really work like that.
Starting point is 00:08:04 That's like me saying grace made money from remittance and think that today and then tomorrow the price should be at 150 because the same thing that's happening today that kept it at 100 or below for this whole long time he removes the people parts of the market very quickly they're there i think i think this is magic like the thing will move on the thing will move on whatever yeah i don't even think it's removed i think it's just yeah i think many people never considered it before i think a lot of people don't have it in there i know for a fact i've seen a lot of the companies especially the expert level quote unquote expert level situations where it is not I think a lot of people don't have it in there. I know for a fact I've seen a lot of the companies,
Starting point is 00:08:45 especially the expert level, quote unquote expert level competitions, where it is not considered. You can tell that the person doesn't actually understand the market because the person doesn't. Again, can I read financial statements? Yeah, yeah, yeah. And English. Right? It burns a lot of people. A lot of people get burnt that way in the stock market um and then they make accidental profit which is the most dangerous thing because
Starting point is 00:09:13 you have no idea why you really made the money and you're telling yourself why you made the money but you don't really know why and a part of you knows you don't know why and so you don't know what to do you get that feeling of being lost that a lot of investors have not just new investors new investors do not feel forlorn oh yes a lot of people in the market for a long time also have no clue why they've made the money they've made that's why they say that long term is the thing why because at point at some point this thing almost must have something great something great enough and the company the company it's funny all those facts about the company
Starting point is 00:09:50 eventually leads to this thing happening and it got it it blew up but if you really check it it's like say you're in fast reach for well i don't know a good thing like you buy at ipo and all the reasons you buy at ipo is really about ipo it'll be a money and people want to sell it there so so you say anything comes out for this a good right you sit down you read it down to it and open and print it do what you need to do but now that it's at 40 or now that now that now it's at 40 after split and and rights issue unknowns hold on ago and whatever rise before that you're saying boy you know the long term really pays off because I bought foster she an IPO I was a four or five years before but if I didn't sell it before i wouldn't get this money but you don't really know why fast which is where it is but you bought that ipo it's a good ipo for
Starting point is 00:10:51 you be you're afraid to sell and you start invest for time it's not boy eventually this will happen or i'm looking out for this to happen and then the reaction to it is this it's i was there long enough uh and i stayed long enough, and money eventually came. But now I'm a long-term investor. I'm going to preach that waiting for the money is the thing to do instead of, all right, if you had a full plan around,
Starting point is 00:11:15 and you did max sale the first year and you buy the thing, they say, boy, in six years, you know. Then, yeah, you have something there. But if you're just chilling, I ain't buck up on you. I say, well, yeah,
Starting point is 00:11:28 you made the money. Can't argue with that. But you have to understand that a lot of that might just be accidental. You never hear the conversations. When you talk to the long-term people, and nothing is wrong
Starting point is 00:11:38 with being a long-term investor. We're talking about why people say they're long-term just for the sake of, okay, they say long-term is better, X, Y, Z. That's what we're talking about. A lot of long-term investors still don't get some far-out accidental profit.
Starting point is 00:11:54 The conversation when they were entering the position was never around, I'm going to make X amount of money in X time because this thing is going to happen in X amount of years. It's really just, my day is still, I show up to the party and something must work out. X amount of money in X time because this thing is going to happen in X amount of years. It really does. I show up to the party and it must work out. Am I being heard? Yes. Come on, I'm hearing you.
Starting point is 00:12:19 You're right. I want people to feel like it's just a beration. I want people to understand the point behind it, what we're saying and also how we can how to fix it, how we can do it in a practical way how to move away from it in a practical way, but I don't want to be picking stocks
Starting point is 00:12:40 here as usual, I don't want to be picking out something unless I have a great interest in talking about it so i'm i'm encouraging strongly encouraging people to send a speaker request um send a request to speak and we can talk about our stock tell me about some profit you made or tell me about something that didn't work out for you and why you think it didn't work out or why it worked out and we can help you fix it. I mean, I think it's almost like, it's almost a free, a free analysis session. It is not an advisory session.
Starting point is 00:13:10 Definitely not an advisory session. But it is an opportunity to do something that I don't do for free or for a lot of people. And then I, I don't know, but I guess within a session, if somebody asked you specifically around it they might get that but it's not it's an opportunity to have two pretty goddamn good investors on the local market help you with getting a lot better at making money deliberately
Starting point is 00:13:37 on the market over whatever time period it is whether it be two days two two years or two decades time period it is whether it be two days two two years or two decades so send a speaking request and um we'll approve it and we can talk about it tell you tell us about a stock or a play that you made whether it be good bad or ugly a good one you tell us why it was good or a bad one and why it was bad if you want to hear our opinion on why it was bad our opinion You're breaking up. I don't know if you're still hearing me, but I think I've made the point that I'm begging people to come in and make a talk to them about it. It's something that we don't usually give away.
Starting point is 00:14:22 It's nice that it's easy and it's free. John, we'll be there in a usually give away. This is nice. This is easy and it's free. John, who will be the winner of the round? Oh, wow. I see the first person. TJ, D876, what's up? How's it going, boss? How's it going, Danny? How's it going, Billionaire?
Starting point is 00:14:41 How's it going, boss? It's not easy. The business is not going on yet. We're working on it. Yeah, good. Yeah, man. So you want to talk about what's going on? Yeah, Randy will talk about the plays that people make or try to make or enter into plays
Starting point is 00:15:03 and all of them things. Well, I really want to know what they want to talk about. The other one, it's kind of a little bit tricky. Well, to be honest, it's never really tricky, but always a boy needs to believe in it. I think I found one-on-one to be the most predictable one.
Starting point is 00:15:22 I found one-on-one to be so easily predictable. After what I've said i'll phone one-on-one today yeah so easily pretty good i don't know what i've said about it i'm watching other things i'm saying i've said come back i you know the funny thing i remember when it just come out and we look on the prospectus i'm asking myself say may i say oh jano you know something i like that the ipo yeah god no cause So I don't like the IPO, God knows. For me, it's like, you know, the amount that we're putting aside for reserve, and me, I just see it as an opportunity for people,
Starting point is 00:16:00 like some of the people in the reserve, you know, getting the units and doing the same thing where most people are planning for the with the ipo you know so i was looking at it i said all right cool some of them people here probably get a couple millions of units i know the surgical people and they get 450 000 i think them did say so each employee of um surgical investments apply could i get up to 450,000 BS or whatever it was. And me look upon it and me say, yo, you know, me get the opportunity to put in 450,000 and double it and I might be able to get some on the market, you know. I probably don't want to flip that to and then buy lower. So me look upon it and may I look on the reserve demand from day one brother the first thing that tricked me I may say you know I'm
Starting point is 00:16:50 afraid of the IPO because I just feel like say by the time it go to two most people are gonna say all right enough people are gonna look for seboi the other IPO them as a run this a recency bias most people are gonna look on the three dollar demand I say yeah man I'm gonna sell a tree so then you're gonna have some people are probably saying enough people are looking for seller three so i'm gonna sell lower you know so you're afraid of the ip apply same way of course because the end of the day how low it's gonna go well um the play never worked out. That's what made it really, I get...
Starting point is 00:17:26 Just tell me the play, man. Yeah, man. Yeah, man. Tell me the play. Alright. Basically, the plan was basically try
Starting point is 00:17:33 get some between between anywhere from $1.35 up to $1.75. Right? Yeah. 135 up to um dollar 75 right uh yeah me me me me did i try one one you're trying to buy the first you're trying to buy it on the first day the first couple days after this yeah in the in the first third the first three days after this thing you're you're planning to buy there yeah without the attempt to get some but after my apply for the ipo you know my nose say the allotment was going to be very small
Starting point is 00:18:10 so i decided to try to know what was your thing though what was your allocation you want to be honest with you five grand may apply with each of my account i love that five grand apply each account five Makes sense. Yeah, because we've done the calculator already. And funny enough, you know, I think a dollar was 14,000 applications, let me say. Yeah. And then I said to myself, funny enough, you know,
Starting point is 00:18:38 I did calculate it at 15,000 applications. And then funny enough, me hear people say, Khalilah, say boy, after the whole thing Khalil Khalil I say oh 15,000 applications and I said wow that's weird what a coincidence because I mean me just say all right dollar 14,000 enough people probably hear about you know this new thing where you can go just open one account and put some money in and triple your money so me expect some more people to apply so i just say all right 15 000 i'm gonna say all right you know what five grand for each
Starting point is 00:19:08 one of them application here so maybe end up get get that amount and made it cool but the plan was to try get the shares early i was trying a new strategy to try and get early but this new strategy never worked so i have to revert back to the old one and that did kind of take up some time and maybe end up getting far into the queue huh um well it's just a way for me to try and get the shares um early in the market by placing the order early but it's the same thing but it's just a way how I do it. Yeah, so it's just a way how I do it. But I was trying to be a bit faster. So I tried a different method and that method never worked. So I had to revert.
Starting point is 00:19:57 So it basically slowed me down about a minute or so i know that man yeah man they talk to you every week we talk about boy the ipo thing that try to get early in the market it now go work out yeah well well is that is that thing where we talk about hunting but that was just something said you know we decide to never try you know well really and truly when it come to that is a look yeah so I don't play look on the game Randy I say something but him kind of break up. Yeah, I want to tell you I'm sitting in here waiting for him. And he said to me, I'm calling.
Starting point is 00:20:54 But the plan was to just try to get some early on the market and then sell it back at a higher price. You were to buy between 135 and 175. What's a higher price. You were to buy between 135 and 175. What's a higher price? Well, when I got the deal,
Starting point is 00:21:09 I said, all right, cool. I'll buy it at 228. You know? And go against... Tell me the original plan. You wanted to buy 135 to 175 and sell where? Well, I was looking to sell at about 250 or so.
Starting point is 00:21:26 Before the 3. The plan mash up when you never get the units at one exactly yeah somebody said all right we're gonna go buy some at 228 228 yeah for what whatever price you were selling for well to be honest with you it it was an honest on the spot thing i'm a say all right cool never try and make one ten percent after the offer this so it was yeah let me check it for us that's funny you're doing a plan or so you never know where I was a little it'll sell ten percent yeah I'm gonna do anything person Yeah My money J8 I give you 10% 2.42 Hold on Repeat 2.42 Yeah Somewhere around the 12
Starting point is 00:22:08 With fees And things With fees Yeah So that's funny How you end up Besides it You go buy and get 10%
Starting point is 00:22:17 But you don't know When you're going to sell No man Then at that time At that time I sell time You know The 10% So once we get the 10%
Starting point is 00:22:25 If you don't know the 10% price, I will say that No man, that's gone already That's gone already, man I can't remember that I only remember when you said 10% but I just don't remember how much the price was But officially, I want it I just make up the figure in the first place
Starting point is 00:22:44 So if I bought If I did get it Anywhere between The 135 to 175 I would have sell at 250 Alright But you get in there And then the 228
Starting point is 00:22:54 You want 228 You did get 228 Me have to check Because me don't remember Hold on You don't remember If you get the stock You buy one on one
Starting point is 00:23:03 You buy after though End up buying after? Yeah man I did end up getting the two range Hold on, let me check That's a big rate I'm not hearing You know what's happening?
Starting point is 00:23:18 You know the funny thing? Yeah man, I hear you Yeah man, funny thing is Tav doing more work than most people usually do and he's still not even doing the actual precise work one needed because yesterday you buy it in the two range where if a 10% of you are looking is supposed to remember exactly what you're getting for Exactly, exactly
Starting point is 00:23:41 Yeah, Tav, if you sell it for the 10% you don't know Tav, you're going to get at 2.42 on the same day Randy, the whole point to why I'm talking now is because the plane never worked out But that way I get to eh? Why didn't it work out? What did or did you not do? What did you do or not do that made it not work out? The first one, the 15, 135, 175, what do you do or not do that made it not work out as you the first one the 15 one 135 175 what
Starting point is 00:24:06 do you think go around no we just couldn't get no shares at that point because we didn't the other did they don't too far into the queue all right early on what made you think that you're not because i got it i get you this way i think that i work out first you're listening it's heavily based thing waiting for. What do you think it is? Listen Brick Talk, every week you hear me say, yo, you're not getting no shares in the first few days of the IPO. No one. You're not getting it on day one. Only from my own, Anna? You might get it on day three. You might get it on day four, but you don't want it on day four. And you're not buying it for three. You're not buying a $1 stuff for $3 on day four.
Starting point is 00:24:52 Not because I'm saying that you shouldn't or it's a bad idea. I'm saying most people, from what I have seen, won't do that. They'll say they'll do it, but they won't actually do it. Yeah. Sometimes they plan to get it early, but they're too far out of the queue. That's a common thing, especially nowadays where everybody gets
Starting point is 00:25:17 on WhatsApp. If it's a $1 stock, they get the hard prices. Yeah. It's all like a tweet out. What a hard price it's at. I'm like, yo, that is so... You know what I mean?
Starting point is 00:25:30 That is dangerous. It's that it wastes time and I feel it disappoints people. Uh-huh. For this appointment because it gives them the impression that... These are the prices I'll get if I want it. Exactly. And then I'm going in prices I'll get if I want it. Exactly.
Starting point is 00:25:45 And then I'm going in and I'll get nothing. When... No. I'll say it again. Early on, for anybody who has an IPO play, if your IPO play is to put a whole heap of money in, apply with a whole heap of money, so you can get a whole heap of shares,
Starting point is 00:26:03 it's not going to work. It's not going to work. It's not going to work. And it shouldn't work. The market has evolved to the point where it's not going to work and it shouldn't work. You shouldn't want it to work either. The second thing is if your play is, I'm going to apply with 10 accounts,
Starting point is 00:26:25 that's very quickly going to stop working. Yeah, I feel like we're at the point in the market. You can mark my words on this. I've said it privately. I've never really said it publicly. We're getting to the point where that is not going to work anymore. we're getting to the point where that is not going to work anymore. They're going to start putting steps into to prevent that from going anywhere,
Starting point is 00:26:52 which has been done in the past. Fontana I think Fontana was the last one, or the big one. I remember SOS was also a big thing. Yeah. Exactly. And the allocation. People did a lot, man. Exactly. And the allocation methods are going to... You're going to start having the ones where people don't care about having a big number to say, oh, we're oversubscribed by X.
Starting point is 00:27:15 That don't really matter. Or you can still get the praise. You can still say, you got 15,000, 16,000, 17,000 applications. Applications. And you clear the risk. Exactly. You won't say that we threw 10,000 of them out. Yeah.
Starting point is 00:27:30 Yeah, so that's very quickly not going to work. So it means that if you're going to have a strategy towards making some money, your strategy has to actually, your play has to actually make sense. You actually have to have the reasons why it's going to work
Starting point is 00:27:48 if Tabby come back I'll talk about what he thinks could have worked in that case but while we wait if somebody else wants to send a speaking request for a good play or bad play ok so Tabby yeah we're hearing you so you said the first play
Starting point is 00:28:04 where you were trying to get that one little bit. You never were. Yeah, yeah, yeah. The second one, what were you trying to get is that? 228. 228. Did that work? Well, I didn't match that guy no more. What were you planning to say, the 10% you were trying to say? I'm not checking on the world
Starting point is 00:28:36 I'm checking the soup Let me get it at the 2.20 What if I get him traded? Where am I going to make it this month? Is someone trading you this month, Tom? Listen to me now. No, man. Brother, yesterday, my brain power heavily worked, right? No, no.
Starting point is 00:29:01 The other day, I picked one dozen mango for one tree. I said, I'm going to go for one box and put the mango in it and forget the mango around it. One dozen mango. Two days after I go to the store and I open the store and I see one that implies that I picked mango and like my brain I said to me, but Tav, you never pick some mango out there where you put the mango in. So I said, I mean, same time I said to her, I said, you see some mango in the shop? She said, Tav, I feel mango in your wheelbarrow, put the mango in there, brother. Dry up and shifflop like a hollow man.
Starting point is 00:29:37 Maybe the JC isn't ready for sharting. I said, Tav, I left the screen. Come back two months and realised him stock a fly everything like
Starting point is 00:29:52 alright alright so and I never put a order for 228
Starting point is 00:30:03 I know. So, where did you put it from? It was 235. Oh, so you're a cheese. You said, I want 228. Now, I'll go to 235. So, what was the plan when you bought it? I was looking at it and saying that...
Starting point is 00:30:19 Number three. No, man. The first order. The first half. Oh, yeah. But hold on, hold on, hold on. Okay, we're at 235. They're going 235 and the same day at 228 can go through. Hold on, man.
Starting point is 00:30:37 Oh, it'll be 232 though. 232? It'll be 232. Uh-huh. And Fiji, I think it's 235. Yeah. Yeah, yeah, yeah. 232 You know the 232 And Fiji I think it's 235 Yeah Somewhere around there something So you buy at the second half? You buy after the first half?
Starting point is 00:30:58 After the first half yeah yeah And the furthest it goes is 250 But you were looking So you were still looking 10% I think there at 235. 10%. 10%. How much that? Well, when we did this.
Starting point is 00:31:13 Where is it all of that? How much did I sell it at for 10% for the price of 10%? Well, about 252. 259. 259. And that don't include anything else. Yes, yes. Meltdown, meltdown, meltdown. Wel, bout 252. 259. 259. An dat do inkluden fiz. Yes, yes. Meta, meta, meta.
Starting point is 00:31:29 Das nan fiz. Ye, boy, stavye wires kras man. An, ino touk mwenye yon dat. Nan man, nan man. Nan nan bias man. An memba, min nan memba yon nom man. Nan man se wires kras. Nan man, min nan memba de figa dem.
Starting point is 00:31:45 An men tepare. An men tepare. An men tepare. An men tepare. An men tepare. An men tepare. An men tepare. An men tepare. An men tepare. An men tepare. An men tepare. An men tepare. An men tepare. An men tepare. An men tepare. An men tepare. An men tepare. An men tepare. An men tepare. An men tepare. An men tepare. An men tepare. An men tepare. An men tepare. An men tepare. An men tepare. An men tepare. An men tepare. An men tepare. An men tepare. An men tepare. An men tepare. No man, I don't remember the figure of it I will tell you something I will have to check my money Did you sell anyway? Did you sell in profit on that 235? It said above or below No man, I sell below because I end up this side, I'm going to just take the money and go back
Starting point is 00:32:03 to the main stock where I did my investment. Oh, so you pulled some money from the main stock, run over some money and then come back? No man, no no no. My wife is using the setup. I never think about it I never I never pull money from the stock That's how I did Fresh Cash Fresh Cash never goes to the main stock, it goes to this instead and then it goes to the main stock
Starting point is 00:32:35 You get brand new things, you bring good things Mate, mate in a warehouse, you bring and what left to go to wifey Very hard, that doesn't sound good Why doesn't it sound good at all? Put Janu, chat room That doesn't sound good. Why doesn't it sound good at all? Put it down. That doesn't sound good. Wait till we start acting. How do you really care about the mango they're getting?
Starting point is 00:32:52 Ha ha ha! Go and triple up mango. I'll go and take it in there. I'll go and take it in there and put mango in there. So you can't say nothing. Yeah, John. Yeah, so,
Starting point is 00:33:08 so really, I'm trying to tell you. Go ahead, go ahead. Go ahead. Yeah, no, man. It's really that play. I didn't want to talk about it still and how it just shows up.
Starting point is 00:33:18 How you could have done it better. It just works up as though. Of course, because you know the funny thing about it. Tell me, tell me, tell me. Tell me how you could have done it better. Tell me me, tell me Tell me how you could have done it better Tell me the funny thing and tell me how you could have done it better Alright, let me tell you with that thing
Starting point is 00:33:30 Me, the plan is to stay away from that from day one You hear what I'm saying? And then we go get into the plan Because as I said, from the prospectus Come up brother and see me and say Yo, you know Whole heap of flippers are going to get in From the reserve here And they're going to have, whole heap of flippers are going to get in from the reserve here.
Starting point is 00:33:47 And they're going to have this whole bunch of shares to sell. And they're going to basically in a war with each other to sell half of them shares. You get me? Because it seems like regular people will just sign up for them account, decide to jump in and get some shares and sell back. You probably have some investors who are getting in on the reserve, planning to do and go jump in and get some shares and sell back. You probably have some investors who are getting on the reserve, planning to do the same thing. You get me? So I did done decide out. I mean, totally got...
Starting point is 00:34:11 Huh? Quite a few. Also the fact that you raise the price of a lot of broker employees. A lot of broker employees. Enough money to do this. Those guys don't care. Yeah. I said something around the dollar IPO. A lot of broker employees. Enough money shooters. Those guys don't care.
Starting point is 00:34:26 How are you? Yeah, I said something around the dollar IPO. That, believe it or not, a lot of people will be surprised that a lot of people are working in brokerage houses. Dollar was the first time a lot of them invested. Uh-huh. The first in a long time a lot of them invested. And you have to think about it as a set of people. uh-huh get them top off flip see the whole heap of money they make see it now they broke your account but you work there you never do it yet because they are more technical you know you're not into the foolishness very very along comes a dollar ipo and we can't get enough yeah but you can't get
Starting point is 00:35:16 enough and it is something that as much as an ipo it um it's on more i don't want to it's all more technical you know oh i can speak about it in the money it's almost like you're talking about banking you know much it's sound very technical so a lot of more skeptical people who work in houses would have been very okay putting their money in dollar so a lot of them put their money in dollar and as we saw if you are a flipper lot of them put their money in dollar and as we saw if you are a flipper dollar worked out pretty handsomely for you right um and then right after that comes one-on-one and so everybody who maybe didn't make a money off dollar plus everybody who see other people make money off dollar and they miss it, here comes a chance for me to not miss it. Right? And yeah, I like that you identified that early. That's a simple but powerful point that you've identified early. Being able to
Starting point is 00:36:16 see the likely early outcome based on the reserve pools. Who the reserve pools are for, how the reserve pools are set the reserve pools are for, how the reserve pools are set up. That's a good thing that you realize there. Then we end up turning around and going against the whole plan.
Starting point is 00:36:38 But we did have to just stay out from day one. One of the reasons why I'm actually bringing something in. Huh? You went in anyway, right? But is your going in and it not working out
Starting point is 00:36:54 tied to the thing you were apprehensive about in the first place? I don't think so. Um, my, as I men se stil, ay, ay, men just decide se men a go go in because it a go basically be arm on prediktive because of the volume. you decide to walk home and have the long way you usually take and have a short cut you can take you take the short cut, you never take the short cut, you decide to not take the short cut you ran into a short cut and you draw blood, so you walk the long way you change your mind and take the short way anyway because oh yeah, a mango tree there from the short cut way
Starting point is 00:37:44 the mango they might be and they might want it because, oh yeah, a mango tree there from the shortcut where the mango they might bear and they might want to probably have two ties right? yeah man so you take the shortcut, when you go up on the shortcut, the mango tree did bear and so you take a stone and you fling after the mango, you fling it straight up and it comes straight back down and busts in right up the head blow up but then you say
Starting point is 00:38:04 and then you say you shouldn't have taken the short cut I shouldn't have taken the short cut, but the problem wasn't taking the short cut The problem was the message you used to go after the mango Exactly, yeah, yeah, yeah And that's why I really came on to talk about it, Silno Randy Because it was aligned with the topic that you guys were basically discussing Going into plays and not truly understanding the play. Yeah, man.
Starting point is 00:38:28 You get me? No, it's a good thing. That's why I'm a big talker. I'm agreeing with you. That's one of the first things that you have there. Don't blame the fact that you went into the thing as it being bad. You already made a decision to, okay, I'm going to go in there. You must have thought there was some opportunity there.
Starting point is 00:38:44 But how you go after the mango is now very important truly understanding section yeah man I and the method of going after the mango you know what it's gonna and I keep asking the same question okay so how much you buy it for so why you didn't plan to sell it for for though if if i did i mean if i did done decide say me i got planned to sell it for 250. you know and that was the i mean if if i feel like it could have got, I would have wanted more profit. So if I think it could go 280, that would be my selling price. But at the end of the day, I didn't get it at a lower price.
Starting point is 00:39:40 So then the 10% would have basically worked out at a higher price than the initial 250 where I planned to sell for. I found that interesting. I was going to ask what you thought the full movement would be what the height it would be because if you're expecting 250 it must go at least 250. but then you plan for a price higher than 250 at the end of the day because i was expecting a lot of people to think that um to want to sell at three. So, I said, all right, and then you're going to want somewhere to sell at 290. To beat the people, I'm probably going to want to sell at three.
Starting point is 00:40:12 You see me? So, that's why I didn't really decide to work this out. But, as you know, other people are going to think like that also. No, I wouldn't say that one at all. I find that interesting. So the thing you were running from at the start, meaning the heavy sell-down because of a lot of things there, right? Reserve class people. I find it interesting that you look at that. So the thing that actually
Starting point is 00:40:43 bit you was tied to that. Yeah, definitely. But your initial plan with Tridor being, you think Tridor is a peak, where you think 290 might be a good possibility for a peak. But 290 and three out of the question on the basis of, boy, that reserve class is too heavy still everybody at a certain point so you set yourself up you end up betting on the thing that you're running from
Starting point is 00:41:15 yep it's like did that say it was a 250 but you end up yeah the first part of the play never works out and then you slap a new play, trying to do the same. You don't have to buy the same stock. If now you're at a point where you can't predict it, then you don't have to buy the same stock. That's what I'm saying from me to get it at that price. It should be a basically red flag because at the end of the day, the goal would have to definitely move, which would have been the sell price. And we know how that go already with basically changing the goal.
Starting point is 00:41:54 Your goal starts shaking. Yeah. Buying at 135 to 175. What a range. Yeah. From saying at 250. So, is it that 175 is where you actually want it but I take it before and I said that's okay but then in my head you know
Starting point is 00:42:11 if that 130 that 135 is damn hard I'd really only tripod tripod in me in front 135 on the roster which 135 131 any trip or any house, 132, Randy? Yeah. There's no 135. You really should not be looking at 135 at all. I would say 172 and 175, nothing other than that, if we factor in the house. It's 172, 175.
Starting point is 00:42:40 Yeah, so 175, sure. But if you were trying to go for 135, then you're out of the game already I didn't put a order for 135. When I checked not too long ago I realized there wasn't a buy order at 135. So it actually started at 172. What did you put a buy order for? 172 I started to feel like you runnin down the play.
Starting point is 00:43:05 We don, it ton like ye, ye were, the things ye were saying, no? A fi like ye not remembering den the way, as, as how ye ting den. Kwa yon 35 woun di mi di konvasasyon. A, a do, a do, a do, no man, because wap nou is dat me end up a mix up the play dem.
Starting point is 00:43:29 A end up a mix up wot a the thing there the heart price that same hard price no man all right let me tell you no no no i'm not saying that's wrong i'm not saying that's wrong though if it only makes sense to work with the hard prices if you're buying if i want to buy first dates and you expect the house every day then the hot prices up here have worked with though well what i usually do is place the order before the first time because i know that most people going out for the list with them on twitter half of the list with empty barn twitter and that's why you don't want to change
Starting point is 00:44:17 but basically that's that's how i usually do it in order to get the um the unison because majority of the others are coming on the the maximum trading price for the deal. That's where the majority of the buyers are at. So I usually place my orders for the first halt and try to be as quick as possible. The first halt you try before? That's always working for me. Always working for you? Except for this time. Except for one-on-one. Except for one-on-one. Except for one-on-one, right? Yeah.
Starting point is 00:44:54 And if you come back to the whole change in the marketing. Well, no. SpurTree was where I learned it. Because that time, I did just that. Investing. So you did it for a dollar? Learned. JFP. Yeah for dollars, you learned, JFP Yeah, no I never got JFP
Starting point is 00:45:09 I never touched JFP, none at all So it worked twice? Yeah Well that's all I know about it, that's all I know Okay, you understand that? You see what I'm trying to point out? Yeah Well I say it always works and it comes down to it You understand that? You see what Dan had just pointed out? Yeah Well, I say it always works when it comes to the 2 times I know, I know
Starting point is 00:45:29 But then the context for always is that you never try it all out You got 2 in 3 You never try it all out It works out It works for me the 2 times when I decide to say alright Yeah, but 2 in 3 is a very small amount 2 in 3? Yeah man, you know what that sounds like?
Starting point is 00:45:49 You know what that sounds like? That sounds like I see a dog running across the road and I come and play that and I got the man playing a catchpot today and then I buy a catchpot every day after that for like 4 months and it never worked and another day I see a white man at work and I see how that always works but it actually always works no it didn't, it always works, every time before every time every time before you try yeah but the thing is things work until
Starting point is 00:46:27 they don't and that's a big problem if you can't evaluate it outside of that's what worked the last time you are in a problem you know as i said everything different every stock different every company different people they react to things different people in fact you will look at the dollar prospectus and one-on-one prospectus and decided why it's different than the thing that's going to cause xyz and then you do the same thing you do the other times despite this time being different that no no sense okay so you tell me what you you point and decide saying why you're not going there there. And the thing that you're running from is the exact thing. You go there, Papi was there, but the thing that you're running from,
Starting point is 00:47:10 why you wouldn't touch it in the first place, is the exact thing that bites you. But you were doing the same things as last time. I hope that this discussion no i mean like this starts now people here still because i mean what we are talking about is a thing where it's really on on point with the topic that you guys are trying to discuss and i know i know people well listening. And I hope they understand where really I'm going. Me too. Yeah, me too.
Starting point is 00:47:59 Three people have the same. Yeah, I'm happy that you pointed pointed this out it is a very common thing like you have like four or five different errors in there that um that those errors are very common errors yeah including i spotted something that i thought was dangerous for X reason but then all of these people because of the hype around it when they get closer the FOMO the fear of missing out missing out? Yeah, we're running out in there. We're running cheap out.
Starting point is 00:48:55 Yeah, sorry. I realized. No, no, no. It's on my side. You hearing me now, don't I? Yeah, I'm hearing you. I'm hearing you hearing hearing go to yeah man i just saying what time that it might be in my child look like him drop off but another thing that i think might have affected him was the formal ipo care mr exactly in in see it in jump in asking decide him i avoid it for a certain reason but then when the actual date come suddenly it's attractive to him because i'm thinking can make x in it right and it's so attractive that you forget all of the danger points that he himself identified earlier yeah man ignore him oneself purchase something and then the plan stopped work so he built up
Starting point is 00:49:50 a plan immediately and the plan he built up was half plan and then he built another half plan on top of it and all of that he believed before the point him could have made the money and besides this thing, you don't know. You don't make no sense. He'd leave at the peak, and they would come back and go somewhere else, because he'd be done with one-on-one. One-on-one bird, he'd be done. Instead of, how can
Starting point is 00:50:15 I make money out of this thing? And it's a holy for people. That's another common thing that a lot of people lose out for, you know. In fact, it might have been just because I guess flipping was not as it's not as but
Starting point is 00:50:33 when Fesco IPO, it was the same thing for a long time, Fesco was a failure quote on quote failure yeah man, we can't have this only this we get not even not even thing there Yeah man, we can't have this. Only this we get. Not even not even thing there.
Starting point is 00:50:48 We barely get a 50%. But this thing is rubbish. It's funny, I heard people laughing. People made it like Fesco rocks. And I was wondering what the hell is going on. Yeah. Simply because it never gave them
Starting point is 00:51:04 the 100% immediately. That they never give them the 100% immediately that they want they never give them the 200 300 they never triple up
Starting point is 00:51:09 quick and fast and there's another lesson in that because the people who found a way
Starting point is 00:51:17 to benefit from that truly benefited later on let's go to one now it's over five again
Starting point is 00:51:23 this week it went over five again now trade six trades at six at least once today a couple times word yep word yeah that's that i think is that is a common thing that people do. Another thing I noticed is that imprecision. People who are making this only for money, they're not very precise. They know exactly how much money they want to make. But the play doesn't sound far from exact. Exactly, it doesn't Not much at all. I've seen,
Starting point is 00:52:05 I've had conversations where I'm going to say, I'm going to make a 40% this time from this play. And then you ask the same thing
Starting point is 00:52:13 while I was jumping into the top things. I thought he was doing the same thing where I want a 40% from it. I'm going to sell
Starting point is 00:52:21 I'm going to buy at 270 and sell at three. And I started to put my finger in his account and I said, that's not 40%. So you want 40% from this thing and you want
Starting point is 00:52:35 the actual movement you're buying into is 15%. Yup. I start feeling crazy, you know, bro. There's no way it just don't add up. Yeah.
Starting point is 00:52:52 Pretty common. Very, very common where they're actually not matching the goal. It's funny also where a lot of people tend to decide on their own what they decide what is required for for certain level of profit regardless of what is actually tried
Starting point is 00:53:11 the baseline for them is I don't know but then they build a lot of things on top of that I don't know they just start deciding and you said it's a decision they make for them for how the thing actually works. But they start here that, I don't know. I haven't checked because that's how it goes. Exactly. Yo, over the last, at the last, bro, I laid out a play that over the last, I want to say, three or four months, has returned, in aggregate, over 100% profit on a quote-unquote failure stock.
Starting point is 00:53:49 One of those stocks that the company is doing well if anything, but nobody is thinking of it as a good thing. And if you ask any of the typical people about it, they'll tell you that it has not.
Starting point is 00:54:04 Also, I tell you the usual noise about typical people about it, they'll tell you that it has not. Also, I tell you the usual noise about the company being good. They'll tell you that the stock has not provided that. And I realize that most people don't actually know
Starting point is 00:54:13 what a successful play looks like. They don't have an idea in their mind of what a profitable play actually looks like. So,
Starting point is 00:54:22 they don't know when they see it. And sometimes they will say out of their mouth that they're looking for the thing. But because they don't really know what that looks like. So, they don't know it when they see it. And sometimes, they will say it out of their mouth that they're looking for the thing, but because they don't
Starting point is 00:54:28 really know what that looks like, you'll see them even make moves to get the thing and then stop. It's not for that to happen.
Starting point is 00:54:36 Going back to that first-rich-stock-split thing, which is not, that's not the thing that I told at the last show. The next person to that speaking request is anybody
Starting point is 00:54:43 for the rest of the night that we're on if them talk about that stuff i will lay out what the the thing was i guess you can call it a competition for tonight if the person listening to the speaking request if the stuff that you talk about is the stuff that i laid out the thing that about i will explain it and say because over 100 and i see that i see it happening again in the same exact stuff over the next few let's say the next few quarters and it happens under the radar for everybody um but going back to the first rich point it's like something we also mentioned that idea of the stock split
Starting point is 00:55:18 and i might not say yeah i'm doing um i want a 30 profit and so then buy the foster chat x price and 30 means that i would have a sell it at maybe 40 or 39 or 40 or 41 instead of actually 30 in my book but no hold on no hold on no but no the third person they're looking for is actually that maybe 39 or 40 or 41 right and it gets to 41 ah and then it gets to 42 and like in the case of post-rich post-rich it went as high as what 51 or 52 and then they say yo this thing failed and i'm like but i don't understand the profit you say you wanted occurred at 39 or 40 and the thing went as high as 51 or 52 i forgot which one it was so you're more you're more than got your profit why were you why were you still in and then yeah yeah no or just even though i never really know the speak where i don't i
Starting point is 00:56:23 think you don't know the mechanics, the things that are, the things of how a split is executed. You never, ever, ever check that. So, and as I said, you're very right about that. It goes far to one. The thing, all people bought to have, what's the place where, yo, this, like, I'm in profit. I never know what happened, but I'm hearing stock split rise issue, blah, blah, blah.
Starting point is 00:56:46 But what I was there for is what I have. And the default and then with the 50 and then, boy, I don't know how stock split works. It's very, very, boy. I've been hearing that one. That's specific stock for weeks now. I've gotten a lot.
Starting point is 00:57:04 I was given a lot. of yeah mommy know it worked yeah and then there's sorry keep going tonight yeah i'm just thinking then there's also that that's not a dangerous thing that's i've mentioned it always goes so yo that word always dangerous you you know what? Tap me one sometime. Tap me one time. Two times, tap me. Always go so.
Starting point is 00:57:32 Try two times, it work two times. It always work. I mean, as you know, a whole lot of people, for them, always start at one. Uh-huh. Ask them why it always work. Ask them why it go so. Why?
Starting point is 00:57:45 You know, the striker, the one they must say, me, I'm going to be the striker. I'm going to learn this thing more. Day trade and every day more. And then tell them about the thing happening with the band over the last four months. And the stock always goes back from...
Starting point is 00:57:57 It goes back to this price. In my head, in my ass, same time. Why? What's happening there that's causing it? Because you have to know if it's ever going to stop.
Starting point is 00:58:11 You have to know what stopping will look like so that you're not doing it one day and then with all their money and it stops working. Yup. People watch things happen without their influence, meaning they never put their buy, they never put their sell into the mix.
Starting point is 00:58:26 So the thing that happened, it was happening because nobody else was there, right? The amount of people that were there knew what was happening. That's why it's happening. So the last four months, everybody that traded a stock, say every day is two trades really going for the stock.
Starting point is 00:58:44 But everybody that was there either sold this much above or bought this much below something like that right the heavy erratic movement and him taste it and him taste it always go so but in the moment me coming out with my money I want it it stop work
Starting point is 00:59:00 because boy okay the person that was selling now that's too much to sell there's nobody to sell it just stop work now because one either i come in i stop work or i never know why go on so you know but i'm just here now it must work again because i work for the last four months not knowing that yeah it could have just been a four months thing right that's very very very, very common. It always goes out, so I'm going to decide. I'm going to think that if I don't
Starting point is 00:59:29 know why it goes out, then think of the things that used to always go out a couple years ago. Like, I think reaction to results, say 2017, 2018, was more, a sharp reaction to results was more common. Yeah, good results have gotten a weaker reaction,
Starting point is 00:59:54 a weaker limited, not limited, a weaker near-term reaction. Yes. You're right, 2017, I mean, a company put out triple, tripling its profits, 100% upon its profits, and you get
Starting point is 01:00:16 a whole lot more of a reaction. Now, the reaction to good results is even weaker. Even weaker. It's funny how the views on that are. I don't look on that as a bad thing. It's just a thing. In fact, it makes sense.
Starting point is 01:00:32 It does. But you didn't hear how U.S. market work on X, Y. You don't know why that works. Nobody who says it's on U.S. market actually knows. I've never heard anybody come on and talk about the U.S. market and that in comparison to the Jamaican market, and they actually know what I'm talking about. It's a completely different thing in reality
Starting point is 01:00:59 where when you actually know what is actually happening, I tell you, people might wonder say to them all the time say yo one of the first things that happen when you start understanding the market is that when it stops being strange or you stop getting surprised you stop feeling so much surprise about anything that happens on the market. The market actually starts to get very quote-unquote boring. You start realizing the things that you can't get into or you can't get into. You start realizing
Starting point is 01:01:42 why you have to start seeing things way out. you start realizing this boy, you also start seeing things way out. Or the possibility that how much ways this can go. So when it happened, one of them ways is eh. It's almost like, if you
Starting point is 01:01:59 plan a play and you saw the thing that would match it up, that could match it up, and you saw the thing that would mash it up that could mash it up and you say alright if this I know the signs of that
Starting point is 01:02:10 so the moment that starts happening I'm out you're there this play mash up you jump out and dispassionately like you know
Starting point is 01:02:19 you saw it happening so it's not like you're shocked and you're vexed boy I'm 5% down you didn't know say boy if this start happening I'll be finally leaving at 5% down. You don't know, say, boy, if this start happening, I'll be finally leaving that 5%
Starting point is 01:02:28 down because I'm going to find that 5% elsewhere. But you go on Twitter and everybody is cussing. Say, oh, all this thing goes on, why, whatever, whatever. And you're here, you're like, I know the thing that could have gone wrong. It's happening. I'm out, gone.
Starting point is 01:02:43 I may not say that. But yeah, you see the thing that can have gone wrong. It's happening. I'm out. Gone. I may not say that. But yeah, you see the thing that can happen or can go wrong. And you're there. You're not... The level of feelings you have about that, it's not really there. Like, I think the surprise factor for everybody else was there. But you're like, oh, cool. It could have gone wrong that way.
Starting point is 01:03:02 The interesting thing that happens is if it went wrong from a different angle, an angle you never see. Yeah, that would be a surprise. And then what happens, when I, how I, at least how I invest, part of it is that a bad time,
Starting point is 01:03:24 you lose money. So you could go wrong and at the first sign of it, you could be out. Yeah, the first sign of it, you're out and you have a clear view
Starting point is 01:03:42 of when things might go wrong. And it's so funny, those complaints that you might see, because I pay attention to what people say generally about the market and the stocks that everybody's interested in. I have actually been in a situation where
Starting point is 01:03:56 those complaints have made me buy. As in, I have jumped out, sold, and see the complaints, and the complaints make me go right back. Absolutely. This one right for you. General.
Starting point is 01:04:17 General. Yeah. Yeah. Or like, you see what happens, which I think we're going to have more of, what the experts call it, an overcorrection. Oh, yeah. Yeah, we're going to see a lot more of that because the whole strong fear is on the market.
Starting point is 01:04:38 We're going to see a lot more of that. All right, I see. Remember, guys, you can send us speaker requests. Tell us we're talking plays. You can tell us about your good plays your bad plays good plays
Starting point is 01:04:47 bad plays ugly plays you want yeah you want feedback on it we're here giving feedback we can tell you
Starting point is 01:04:53 how we think a play that might not have happened yet a play that you're looking at in the future an opportunity for
Starting point is 01:04:59 future profit we can give you feedback on that also and again let me just remind not advice but feedback on something that you and again let me just remind not advice but feedback on something that you may be thinking of as an opportunity in whatever way uh i see
Starting point is 01:05:12 a speaking request so i'm sorry jerryman jerry my portal sorry you're um you're muted. I don't think you can hear me. You hear me? Yeah. I hear you. I hear you. You hear me now? Yeah. I heard that the phone was asleep just as you started talking.
Starting point is 01:05:42 I rushed to the phone and the phone is not locked. I'm all gone. I'm good. Yeah. Same. You're trying to make a better connection. Boy, I realize, boy. The mother in these struggles, you see me?
Starting point is 01:06:04 That's how I work through it. I'm the one that I'll give thanks at the end of another quarter. So, you know, I look forward again. I beat up myself a little bit still. I'm going to a chess game an Si di play an Still fall for di play But
Starting point is 01:06:29 Kye moun Kye moun Yeah Ok sir Mwen si a argue Mwen si a argue Mwen si a argue Mwen si a argue
Starting point is 01:06:36 Mwen si a argue Mwen si a argue Mwen si a argue Mwen si a argue Mwen si a argue Mwen si a argue Mwen si a argue Mwen si a argue
Starting point is 01:06:37 Mwen si a argue Mwen si a argue Mwen si a argue Mwen si a argue Mwen si a argue Mwen si a argue Mwen si a argue Mwen si a argue
Starting point is 01:06:37 Mwen si a argue Mwen si a argue Mwen si a argue Mwen si a argue Mwen si a argue Mwen si a argue Mwen si a argue Mwen si a argue
Starting point is 01:06:37 Mwen si a argue Mwen si a argue Mwen si a argue Mwen si a argue Mwen si a argue Mwen si a argue Mwen si a argue Mwen si a argue
Starting point is 01:06:38 Mwen si a argue Mwen si a argue Mwen si a argue Mwen si a argue Mwen si a argue Mwen si a argue Mwen si a argue Mwen si a argue
Starting point is 01:06:38 Mwen si a argue Mwen si a argue Mwen si a argue Mwen si a argue Mwen si a argue Mwen si a argue Mwen si a argue Mwen si a argue
Starting point is 01:06:43 Mwen si a argue Mwen si a argue Mwen si a argue Mwen si a argue Mwen si a argue That thing there, I can't believe it's that thing there. But I think that's one way, isn't it? Because... It's surprising to me, but... Well, finish your point, because I mean, I'm sure people remember that. If they don't, they will. And you can make the rest of the point after.
Starting point is 01:07:00 But let me hear the chess game that you say you got into. Well, but but you know honestly I want them to play down I really want to talk about you know but
Starting point is 01:07:09 it's really buried I mean what I'm up with and have an idea exactly what
Starting point is 01:07:17 the strategy is but eventually I gave in a little bit too early and leave a
Starting point is 01:07:24 little bit of money up on the little bit of money upon the table you know, happy for the profit but you know how it goes already I wouldn't like to leave money upon the table if I even had a dollar that greed yeah
Starting point is 01:07:38 it's like but there I made a spoiler but there I said I have a drink this evening I said I'm not touching all the expensive stuff It's like, but they are made by a spoiler. But they must say I have a drink this evening. I must say they have not touched none of the expensive stuff. I don't deserve it this evening. I mean, jokingly, of course, but I don't know.
Starting point is 01:08:04 Well, I know the feeling, Jerry, where you do something, but it looks good to people who might not see it normally, but to you who know what could have been or what the play can be, it's annoying because you know you never get enough, you don't get distracted or don't play or make another opportunity sway me or all kind of little things. And then you tend to make less on the thing that you should. And it's kind of like what Tav said, but in a different way. If I'd stuck with my original plan, it would work. And I'm not knocking the original plan. I'm not saying that it's the road that I very deliberately came off and the reason I made less money I should was because I did that yeah man So I'm going to drink the expensive liquor either. Grail man. I say, but I think it's a, well, it was a genuine concern still.
Starting point is 01:09:13 The truth is, I use multiple accounts and I invest with both myself and family. So the risk for me was it coming down to the wire and make changes to the orders and then I'm not able to execute all the orders within time. So I said alright, one of them is good, so start taking profit. But literally seconds after, the thing just got right. The thing got right and I changed the order from them. No, but I ordered them at 1.15 from morning. I look at myself, I like how this looks. But, you see, one of them things, they beat me this year.
Starting point is 01:09:57 Last year, I won all out. This year, they beat me a little bit. But still, we still win. If you saw that way, you would have bit. But still, we're still winning. It may sound like we're going to complain, but yeah. That's how it goes. We're going to complain. Yeah, the best complaint I'll tell you. You know what it is?
Starting point is 01:10:17 That's how the champions drive themselves. There's no two ways around it. That's how the champions drive themselves. Like, to other people, it might be, no, if we do this X, Y, Z, it'll be great. But if you know, if I can make 150% of our play, and instead of making 150%, I make 85%. 85% sounds good.
Starting point is 01:10:40 But I know that I could have made 150%. And no amount of talking is going to no amount of lying to myself is going to make me not realize that you could have get more than that you know full well you could have get more immediately start running
Starting point is 01:10:59 down and start figuring out why you should have get that, why you should have go for that thing it's worse when i see it enough when they see it and know it's not like you think you know you think it's a hundred and you say you're gonna take 85 you take the 85 when it runs go 115 yeah sit down and say that that's bad we never see it coming if it's he coming brother that's money you know yeah man then that's what i heard the most yeah man that's where the most with this one because when i go you literally have to wait until a particular time if i know exactly what going and make it moves around that but
Starting point is 01:11:38 it's it's not a matter of impatience like i said there was a risk involved. But, I mean, if I even, the account for the most money I could have rolled out with. But, getting out of the groove, I start modifying all that, I just modify everything. But, there you go. It is what it is. Yeah, but why, alright, so, same question, what do you think you could have done better then?
Starting point is 01:12:03 I mean, well, for me, definitely, I just needed to wait to wait because I was paying attention to the things I know I needed to pay attention to and um I see it easily I see it all signs were showing in a direction what I did before but um well one thing for sure, I know I can do a little bit better. I definitely need to structure this thing differently. I mean, it is not practical to help everybody. In the same way I help them now. So, you know, everything needs to be structured differently,
Starting point is 01:12:43 which is something where Randall would have thought, well, you know, I don't want give it too much of the advance grow things but it's one of the things that Randy would have thought about in terms of getting the thing set up in a formal that you can manage the entire thing as a package so that's one of the things where
Starting point is 01:12:59 definitely in the making and need to be executed quickly but I would say definitely, especially with the JTrader accounts, I could have waited. is at our level, I say, oh, I still consider myself far more than I ever seem to think otherwise. And the sake of those who think otherwise is just something to make them know that, yo, you believe in mistakes sometimes, isn't? So, the important thing now is to focus on what's next. Because it's done gone already, you know. What's next? And what I'm up to now.
Starting point is 01:13:52 What the next play is. And I make sure the next couple of plays, the 10% of me miss, I make it back here. You see me? That is the way. That is the way. That is the way. Yeah, man. My name is...
Starting point is 01:14:11 My name is... I'm watching the entirety of the food. You see me? I look back on the side of the night. I see... I'm watching God. I'm fixing things. Yeah.
Starting point is 01:14:23 I wonder if anybody else do that. You do that sometimes. I know anybody else do that you do that sometimes I know I do that not the drink not the
Starting point is 01:14:30 drink like you leave a reward you leave a reward for yourself you kind of
Starting point is 01:14:37 have to right I think I don't do it enough I've done it I've done it but
Starting point is 01:14:43 but I think you know me definitely don'll do it but but I you know me definitely don't do it enough but I realise it's essential
Starting point is 01:14:51 and it's something that over the years so even even before with savings I found that
Starting point is 01:15:00 if I had a proper target and I said well and and just connect that I found that if I had a proper target, and that's about... ...and something that's kind of... ...and I... ...and I saved the person.
Starting point is 01:15:15 So, I saved a boy's school. Yo, you can't get me out of school. Take me out of school. I'll have to hold me for the whole day. I'll never wear a car. I'll bust you alone. I'll spend a member the car. I bus here alone, I spend it. I remember saying, yeah, they bus stop here, look out for us, on the other side of the road.
Starting point is 01:15:38 Jerry? Jerry get the cut off. Jerry, you know what I'm saying? He do everything for cut the spend. I buy a phone phone I buy a stuff But I don't know how much I get
Starting point is 01:15:49 I'm not gonna find a way Either Find something to sell For you can make the money more Or I join a will So it go I go out Yeah
Starting point is 01:16:04 Jerry you look like jerry jerry microphone completely gone i don't know and i think it was something jerry pointed out which is that that he missed the 10 percent so i'm going for the same 10 percent again and then expect me well in going for you have to make back up the 10% for another play. Yeah, that is something that I am very, very big on. I mean, generally, that is my thing.
Starting point is 01:16:36 If I leave a play, especially if I think, especially if it hasn't gone how I wanted and there's some amount of loss on it, I have to get it back. I just have to get it back. That is my thing. I don't lose money.
Starting point is 01:16:53 So if I lose 10% on this, I have to make up whatever the next player was that had whatever percentage on it. I need the 10% on it also. I need to make back the money. Even when I don't lose. It's like, I can the 10% on it all. So I need to make back the money. Even when I don't lose. That's kind of how Jerry does it. Even if
Starting point is 01:17:08 it's 100% to make 80%, well, that extra 20% is going to make up. It's going to make up somewhere. Jerry? Everyone here, man? Yeah, we're here now. Oh, well, they had set the side for disconnect from the phone.
Starting point is 01:17:27 But, yeah. That one, so I'm going to say, a point I make a while ago was that when there's a goal, you work harder towards the goal. But I remember just saving money just for the sake of saving money. I have a weekend, I go at night.
Starting point is 01:17:45 Versus when I actually have a goal I say yo I'm going to try and get the thousand dollars to buy this or that isn't it
Starting point is 01:17:52 yeah yeah man yeah you're better than me because I I literally could never do it without the goal
Starting point is 01:18:01 not even slightly it's that makes sense very quickly now. I actually feel lost for a moment. I was in a session before where the client just can't decide on a goal. In my head, I'm hearing the message then is
Starting point is 01:18:15 you know it don't really make sense now, right? It's really if you don't know what you want then you're not going to know what's good enough there is no basis for anything it's like I want 30% over the year if I lose
Starting point is 01:18:40 10 then I know how much I need to go back and then how much I need to go forward to go to the end if I reach here I need to go forward to go in there if I reach here if my end of the year I'm at 27 then cool I never make enough but then a lot of people I met a lot of people where they decide the portfolio isn't doing enough but they don't really know how the portfolio has been doing so
Starting point is 01:19:04 they never really had a goal. So they never tracked the portfolio. Nothing was structured to us. The money needs to be made by, this money needs to be made by what time? It's just, I'm here. If I go make money, maybe eventually, maybe it working out.
Starting point is 01:19:19 Maybe I see a one stock in the portfolio that's doing really, really well and I love that stock now, but I have nine others. I never really know. and it's funny to go by but by more than one that's not really doing well i don't know more than one that did that did really well on the base of it it did really well in the past when really and truly if they really want 100 percent they're probably putting all the money into that one thing and they wouldn't be worrying about the other nine things and then at the point
Starting point is 01:19:48 where this thing doesn't do the 100% they might look at it and say alright cool I'll find another thing because I'm not looking for the money, I'm not buying into something like make money in the past I'm buying into something like make money in the future so if we don't have a goal, it doesn't make sense it's really
Starting point is 01:20:03 but there are stills. Anything can happen. It's like you know you want to buy a car. You don't know how much the car costs. When you come to the market with $4 million, you make $2 million. But then you really find out there are $7 million of car, man. I'm not hearing, Raj.
Starting point is 01:20:24 You're hearing it. I'm on it, man. For real. For real, man. I'm not hearing Raj. Yeah I'm hearing you. I'm on that man for real. For real man. The goal is really really much to you isn't
Starting point is 01:20:31 it? Even though I mean it's why I tend to put myself under some amount. Sometimes it
Starting point is 01:20:40 seems unnecessary but it's necessary pressure by setting my goals a particular way to force me to be disciplined with my investing. Because the truth is, sometimes I find myself, if I don't focus on the goal, there's little things with funding at the market. Like, you make one play where you spot one cue, look away, and you buy something different and sell it. But like a boy, you get caught up in doing away and you buy something this one and I sell it but like a boy you get caught up in doing that you know brother
Starting point is 01:21:05 and now focus on the thing over here so I can make half of your portfolio grow 100% it's why I think I think a problem I've had too
Starting point is 01:21:15 is to talk about my problems I I often hit the goal at the start you know what I mean way early and then I'm always in a space start, you know what I mean? Way early.
Starting point is 01:21:27 And then I'm always in a space. That means when I hit that goal, the money did it on a different level now. And then I'm off and then I reach very quickly to a space.
Starting point is 01:21:35 All right, cool. I should be setting a new goal or the new goal I set probably not good enough or I see something. What often happens, I make the money and then I spot a play
Starting point is 01:21:44 and that play looks very interesting and I spot another one and then I spot a play and that play look very interesting and I spot another one and then I go start the money start split up and go do some other foolishness over there so
Starting point is 01:21:51 at some point I always bring it back in except I knew what I was talking about but I find that every single it happened to me every single year
Starting point is 01:21:57 call me reach to pay some water early John would have paid the phone you know I tell you Randy about it and he would say
Starting point is 01:22:03 yeah man and then I go do it and then it's nice money maker but then really I could have find the money then there's another play in the portfolio that did really well and I really put a good amount of money there but I did a little bit of money in that one place just because he wanted that one play
Starting point is 01:22:18 if you have a goal you're not set up that quick quick if you're really there the portfolio needs to grow by xyz maybe the small play makes sense If you have a goal, you're not going to sit up there quick, quick. If you're really there, the portfolio needs to grow by X, Y, Z. And you look, maybe the small play makes sense, but it could have made sense with more money there, or something else could have
Starting point is 01:22:31 made more sense because I really and truly found another vehicle. That vehicle will be doing better than that play over there. But we're kind of focusing on the goal. You're going to spread out the money, do everything elsewhere instead of what you should be doing. That's a real, real thing.
Starting point is 01:22:54 Boy, you said that, Danai. Almost every quarter I have that. It's a downside of being able to... It's a downside of being able to... It's a downside of being able to see so many things being able to to see so many things on the on the market that yeah i've almost had to have a method to allow my my personality to to read to to counter a little bit and play them without without hurting everything because you're right you see something and then you touch piece and you see something else and you touch another piece and you see something else you touch touch another piece and you see something else and you touch another little piece
Starting point is 01:23:26 and before you know it... Well, we just love the chaos, you know. I fall very quickly into that. Structure helps. Do not run away from it. Just put yourself in the structure. Find what you need for it. You can find the goal.
Starting point is 01:23:40 Find what you actually should be doing with the thing there. And you get rid of a lot of... If you get rid of yourself about having a goal and setting a goal, then a lot of things change in how you invest. Yeah. If you really want to make... I've said I've met that too.
Starting point is 01:23:56 Somebody want to meet a goal, but by the time we meet, it's the same goal. Their progress towards the goal is far different. It's nowhere. goal. Their progress towards the goal is far different. It's nowhere. Or it's good. But then you look at the portfolio and you realize, you look at the same one stuck over there,
Starting point is 01:24:13 so they couldn't do it all. And you just start to really believe in it. But I never really concrete on a goal or my investing wasn't going towards a goal. So I know, say, I run by this car next year I never really concrete on a goal or my investing wasn't going towards a goal. So I know, say, I want to buy this car next year. And the car cost 1 million. I mean, I have 700.
Starting point is 01:24:32 So I'm going to have to make X amount. And then when you turn around, you have a stock in your portfolio. Because I believe in long term. And I think the company will be, in the next five years, this company must blow up. But you want to buy the car next year. But maybe I had a goal, but it's a hope and pray thing when they start buying the company. It doesn't work. Or they get distracted by a lot of other talking in the market.
Starting point is 01:24:59 Yeah, I think that's talking in the market. It's one of those things that's said. Everybody say it. said the next five years or five years ago or what they're doing with things they're growing. I know
Starting point is 01:25:11 I actually invested but it is some rick talk on a brother saying buy Cygnus because yo
Starting point is 01:25:18 I just stocked that man. Long term he's not going to stop buying XYZ and that does appeal to you for some reason. I think it's at the stock that month long term in the mongol stop sell you're not going to stop buying xyz and that does appeal to you for some reason and i think it's crowed but it's a crowd the crowd the crowd effect the fact that somebody else is doing it and you probably think about signals so that makes sense for you too and you know the long-term thing for real is really the shorter people so let me say long term i mean also me i hope for this year at least this year
Starting point is 01:25:45 the thing go on because the car on the car i'm actually worrying about the fact that it's falling within this week and i want my money xyz but we still have a state of signals imagine you know here all these nice sounding things about signals it's also nice to you because you don't want the same wavelength as that guy. Open and free. Yeah, that's a dangerous, dangerous thing. Like I said, guys, you can send us peak requests about the play, any plays you have, good, bad, or ugly, or any future plays you have, we can give some insight into it.
Starting point is 01:26:22 I think it's a great, easy request, but you don't want to use it up. I'm not going to push you much to use it top. Sir Jeremiah, would you like to say anything about that? Yeah, man. Tyrone. Yeah. Yeah. So, I mean, at one point, my wonder boy, because it seemed like boss got a little bit defensive. But, I mean, the thing is, though,
Starting point is 01:26:51 But I mean, the thing is though, I wonder if he considered the question that I asked though, because my concern was, there was concern that there is some connected parties selling, meaning some party will have only a few shares in the company. Now in the same instance where you're concerned about this party selling, to get in to qualify for the rights issue are already in. I mean, we know typically people qualify so for many,
Starting point is 01:27:37 there's no real reward for continuing holding the stock. So of course, people are going to start selling. But then, I found it concerning that the ceo was essentially the way i interpreted it showing words at the whoever whichever big cheerleader was selling after the record date um was announced after the record date was announced.
Starting point is 01:28:08 And it led me to ask the question because the reality is, even when I go around the question and I say that the right situation price is set yet, the reality is the price has to be set at some point and the circle is going to come out with the price. And if that party should start selling around that time it could um essentially people who hold the shares are people who had an interest to apply to the right situation you know you have to wait a little period
Starting point is 01:28:43 for shares to be issued and whatnot if i want to know if I can get the shares for buy for the market right now and you want the shares right now why apply for your rights issue and I mean what can I say something like that happened with detail yeah sorry go ahead no the point I'm making is essentially when me see me talk
Starting point is 01:29:10 I think about it and I say yo if you piss off this shareholder I defer that this could be detail part 2 and what's the problem with that essentially the underwriter slash broker was forced, even though, I mean, it seemed like them play tough to make it look like, say, it was an intention to buy the shares.
Starting point is 01:29:35 I mean, I never get the impression that it was an intention to buy the shares initially, but your underwriter offers to buy them. yeah yeah yeah um the funny thing is i'm hearing you talk and i really i'm realizing well for one thing and on the topic it's obvious that you know the things that you're talking about in terms of what is what the factors around the things that affect whatever you might like is whatever you might be interested in is right so immediately that puts you apart from most people a lot of people don't have no clue about what you just said including a lot of industry people um and and a lot of them didn't know about that it's so funny you say it and it's like how many people have noticed that I and I have never said that to you on the show
Starting point is 01:30:30 not that we don't know it but it is not known for many people one thing I don't like about it I don't like that it pushes us into a space where we tend not to necessarily be as open about the things happening in the
Starting point is 01:30:47 market as we could be simply because of the feelings around it simply because because you're right i am i am agreeing with you i don't think the broker had the intention to do it either but but um like i said it happened and it happened. It happened how it happened. And plans get thrown off. And I don't know how things got that side. But obviously, yeah, if it was underwritten, that's the side effects of being underwritten. A lot of people never know that. Then you bring it back to Icared.
Starting point is 01:31:17 I don't know. I mean, I can't speak for Tyrone. I saw I got a lot of screenshots. And that's the same belief in my coach. Yeah, but log in there and you got we look tired of the point to target me and say oh god we start to also go and realize apparently he wants some other person didn't have some I mean same conversation thing and what did the screenshots let me say this conversations that I saw never
Starting point is 01:31:46 seemed like anything we really needed I see a man I tell him say if you set him by order cause I'm going to sell him shares at X price I want nothing him say but I'm going to hold him until he reaches 10 so I don't know if something else
Starting point is 01:32:02 happened outside of that but that's the part that I mean i don't know if something else happened outside of that but that's the part that amazes still i don't know you know who i don't listen to when they tell me to buy them stuff the people the ceos yeah because i i want you to believe that the best stock for me is your stock. I get that. Exactly. That's why you're there.
Starting point is 01:32:28 Because you believe in it that much. That's fine. Especially at a point like this where you're trying to raise money for your company. Yeah, man. It should be the best thing. But at the end of the day, my money. My goals. I can truly believe.
Starting point is 01:32:47 No, I'm not saying believe. It could be the case. I create something big. And you really get a point. It's a $10 stuff. And by next year, it's $10. But suppose me need $10 by tomorrow. Suppose I need the same amount of movement
Starting point is 01:33:05 by November. And things will wrap up in December. Where the hell would I stay? Exactly. I put it simply as the CEO's job is to run the company and stay out of the share price business.
Starting point is 01:33:22 This is my field. I'm not against them only. I want to be clear on that because it might be taken differently. I'm not against... I can already see people taking it differently. I'm not against people
Starting point is 01:33:38 company leadership saying nothing about the share price. In fact, anybody who knows the things we're talking about knows that I'm 100% yeah one but there's a limit so yeah there's a limit to what the extent to which i expect that share price to matter to you because me buying and selling the shares does not affect your day-to-day running a company right exactly the ceo yeah the ceo jbg probably doesn't know what their share price is because they don't need to care, right?
Starting point is 01:34:07 Same thing for Seprad. That's why Signos is probably – well, in some ways, Signos should care more. You know, they pay some sort of attention. But you can also tell from the things they've done that they don't care, they don't know. JMNB, I think it's obvious that they don't know or care about their share price. You have it there, but JMNB, they care a's obvious that they don't care about their share price. You have it there,
Starting point is 01:34:26 but JMNB, they care a lot about the running of the company. They care about the growth of the company. And that is what I expect. That's all I'm wanting to hear about. Yeah, I saw an interview with I forgot the dollar guy's name,
Starting point is 01:34:43 Kadeem. And Kadeem was talking about that you know he doesn't really know the share price most days and that makes sense because he's not in the business of of his shares you get me you're not making money from his share price yeah man what do you want to do from the ipo and it's sorry i don't continue no man got your man yeah man got your where we don't for some reason we have we don't have a clear view as to what factors matter to which elements in and around a company so you'll see things like people go to the JM&B, AGM, and they're...
Starting point is 01:35:28 They're asking about the share price. Why the price, but who? Asking about the share price, yeah. But not really. And you know what? If I carry it to its limit, JM&B could do something about the share price. Oh, yes.
Starting point is 01:35:38 Yeah, I believe it's on them. Definitely. They could do something about it. But I could also not give them a hard time if they say listen look at what we've done over the last three years as a company we have done amazing things and that is all the question is answered
Starting point is 01:35:57 look at the growth in the EPS look at the growth in profits yeah the share price is up to you guys that's the truth i'm waiting for the ceo that will say that to the um to the market and it's not my business what the share price is that's your business because it's all business right yep and like i'm doing the things that make you think the share price should be higher so you should mess with me about that
Starting point is 01:36:23 you you're the one asking for a reason you're asking me because you think what share price should be higher. So you should mess with me about that. You're the one asking for a reason. You're asking me because you think what we've done so far warrants the share price to go from 30, 38 to 60. Me do my job, bossy. You can't come back to me, you know.
Starting point is 01:36:39 My full expectation, think about it. Have we ever, have you ever been that guy to get up and say boy i can't think of it in this way where we decide that the company needs like the company needs to be doing xyz for the purpose of the share price to move like if they're doing something and the effect of it is that the share price moves then we're there and yes you've exposed the apo versus right issue because i know the decision is between the two of them
Starting point is 01:37:06 and one of them is going to hurt me and me I say as the guy that owns this company do this thing so I get that but boy
Starting point is 01:37:13 you know they must find a company to buy just because it would affect the share price really well what
Starting point is 01:37:19 yeah man yeah but that comes from a misunderstanding of the of how the market work exactly or what the market is for it's the same idea about IPO
Starting point is 01:37:33 must make sure that experts everybody must get enough money in the IPO you don't want to have an IPO and then when everybody get the money there's's nobody to buy the shares After And then you hear this thing fall and it does
Starting point is 01:37:48 And the company is valued So much more Or Or the company is stupid now And the company Fought to lose money because XYZ Everybody
Starting point is 01:38:02 Everybody said it was a good company except for except the people that were selling it down but then now there's a negative view of qw i solely on the basis of lose money or so like the things like not even talking about access or whatever i'm just talking about those even before that this idea of or the select companies how bad they are i'll get a lot of that and it's a general the company is bad because we lost money here they're not going to tell you anything anything with the management or what the company been doing it's when you lose a money point it's still done that's how people that they will never go back to our stuff you know and but but But, but, but... They sell it for the wrong time and it's not a good time to buy it.
Starting point is 01:38:46 I am not going to touch it. And it's a, and they know me say that differently because, you see, any stock I will lose my money on. Even though... You want it money for me.
Starting point is 01:38:53 No, brother, but that... No, brother. But they don't watch them, but they don't watch them right now. They put me a look for the day when something is going to go wrong and I can't go back to my money. I want it back.
Starting point is 01:39:01 You want it right back. Exactly, man. I want it back. Yeah, man. But I think that around there, I remember a point you made there on Twitter. It was around the same conversation. Read about the right-sitting thing and the potential of selling below the right situation price
Starting point is 01:39:25 I think you said to him I hope him don't take it wrongly if him want play the public game play it right here I mean that's a real way to come down to for me yeah man because me appreciate the fucks
Starting point is 01:39:42 we have a CEO where I talk to you know i mean i mean i mean if i see the exchange you see the other day him said dm tyron actually called me the other day when we did ask a few questions and him called me for kind of bring some clarity when man him talk him realize i'm actually understand and him then him understand why me ask the questions and me ask and me ask the questions of me and me make the points of me make but the reality is if you have got out here in the public light that you really have to understand what what you are about and understand where you're going so that when the
Starting point is 01:40:18 hard cause and every day someone there could just come ask a random question why is your personal move on them things there? So you have to be prepared for candy with the hard questions. And you state clearly that you can't answer it because of that reason. But, I mean, personally, I never appreciate the kind of, I try to go around with it and make it seem like I don't know my top one. I never appreciate it, is it? Well, you know what? For me, I saw that, you know,
Starting point is 01:40:47 for me, I think it's that I view it as it's a matter of who you're used to speaking to. I mean, you hear it with me all the time when I talk to people, especially young people who you expect to know better. It's very obvious very quickly when people don't actually know how a thing works.
Starting point is 01:41:04 But when you actually know how a thing works certain things can come to you so like for me i mean he spoke to me off here afterwards too and um i mean i said the same thing too in that you know you're playing if you're playing the public game play it fully you can you can you can hint at a certain price agree with somebody else and say that there's a certain price that could be hinted at and then vex if the public is asking you about that price you have
Starting point is 01:41:33 the public to see it a certain way or this idea of think about it remember earlier this year the same conversation around the flippers can't flip the people will make money and be able to cash out because the creator will be here but they know we're watching it happen and the conversation is no longer that it's
Starting point is 01:42:01 general wow now sell why's why would you sell? It's like we're ruining this thing. But boss, that's the market. On fundamental reasons. That is the market and the market is made up of different types of people with different goals. Everybody doesn't need to be in the same space.
Starting point is 01:42:20 You can't evict some people doing what it is that they set out to do if me by if me one of them people would buy um i create a 90 cents right i'm gonna check my my check my my money jay i'm gonna see it at four dollars you know much profit that well i know i think yeah i thought what about 90 cents I think it's about $0.90. I think it's about $0.62. $0.67?
Starting point is 01:42:54 Yeah, $0.60 something based on the discount that it worked out. $0.67. Yeah, I think it's $0.67. Yeah, something there about. And consider that. And it's a loan that was converted. And the loan is, where are we now? $40-$50 million?
Starting point is 01:43:07 Yep. $50.5 million. So if I lend you, as I asked a group the other day, if I lend you $50 million and you pay me back in shares, and those shares are worth $300 million, what do you think I'm going to do with some of those shares? Easy. You don't have to get someone to remove the something else.
Starting point is 01:43:37 Come back to... Are they come right back to this thing we're here you're here very popular in this space in in the investment space take out the original investment damn it the profit go out if you hear it at the small level it can't be at the bigger level though that can happen yeah i mean it has to happen at the bigger level because it needs to be it affect the books it affects the books people forget that under finance rules it affects the books because if it is a loan that converted i need to be able to show on my books i have at least secured x amount of value for the loan right and um i. There's loads of different ways to look at it, but I cannot be surprised
Starting point is 01:44:28 if the bank looks at it that way because I would look at it the same way. If I lend you $50 and you give me back somewhere $300, I'm going to sell some of that $300 thing until I get back at least my $50, if not more, because I don't invest for $50. I don't invest $50
Starting point is 01:44:47 to get back the $50. I invest it for more, so I might look for more. If we're talking millions, it then means that I have to be able to move millions. I need a certain amount of activity. I need people to be excited about the thing. So there is almost no surprise when the thing becomes excited and I'm starting to move in. To me, that was very plain.
Starting point is 01:45:14 That's why at times when to me the market is boring because it's so obvious it would happen. Right? I gave a fair amount of warning that that's the thing if you're going to accurate and understand that a large shareholder can start selling never give no names are a large shareholder can start selling and that can ruin the rights if you're there and that happens jump ship take care of us well yeah well yeah but then i can't say we're doing the rights let's be serious right because as i said in my in the i got my nose in a little bit no but then I can't say it would ruin the rights. Let's be serious, right? Because, as I said, I got dipped my nose into it a little bit.
Starting point is 01:45:47 No, I'm saying it can. I'm not saying it would. I wouldn't put it there if I decided it was going to ruin the rights. But if I think it can, then I'm going to worry about it. Yeah, well, that's your job, right? If I paid you for money, I would expect you to tell me that. If I paid you for my money, I would expect you to tell me that. And you doing that is your job.
Starting point is 01:46:03 Now, for me, looking on as somebody who's serious about the practical, investing, my money, trying to make money myself and looking at the market and seeing these opportunities and these possible pitfalls, I am going to have to act against the pitfall. I am also going to have to look at the future possibilities, right? And for me, I think there's a there's a this there's a clear distinction between retail investors who get their information from people in the company or other people people
Starting point is 01:46:33 in chat groups people are taught people are talking to like us and people get their information from the financials because anybody can say anything but the financials cannot joke around so like if you yeah if you actually read the financials you know what jerry's saying because the conversion amount was there the amount that's converted was there the date on which it converted was there the market price was there we saw the amount of units that would have been there and then the rest of that is common sense to put together yeah no no if you do that, like me, you find yourself selling at four other than high threes, right? If you're just thinking about the split, you might even still be in it. It's not the split, the right issue.
Starting point is 01:47:16 The right issue. Yeah, you might even still be in it. And then also, if you know the rules i i consider tweeting something about the rules and i didn't do it because i know that i i i give my i put myself on the back i do a good job i educate a lot of educators so i know sometimes i have to say so that other people can teach it and and sometimes i'm selfish i admit i'm human and i just don't say something because if you want to learn it come grow. I'm not trying to teach somebody else to teach the content.
Starting point is 01:47:48 I can tell when somebody is talking about or teaching something that they don't truly understand. Right? In this case, if you actually understood the actual rules and requirements around a rights issue, it is highly unlikely that you're ever going to believe a ceo who at this point says there is no price people who don't know the actual rules but then it's the thing there you remember the date came out and then i heard people calling people call the date the prospectus they call it a date, the prospectus. They call it a circular. And so why the price not there? It's in the rules. You know who is sensible?
Starting point is 01:48:30 You know who you can't tell somebody no? When they're calling it the shelf documents. Because if you've submitted the shelf documents, there's a price in it. And I'm not saying the price can't change. But there's a price in it. Don't take people for fools. You can fool some of the people some of
Starting point is 01:48:46 the time but you can't pull the people who know what they're doing any other time because they're actually they're actually paying attention to the real thing so to me i saw your commentation to me didn't even seem antagonistic i thought it was an opportunity for um a point that I know is being spoken about heavily, privately. Bro, you know it has that. Yeah, to be addressed publicly because people had a certain expectation and a certain
Starting point is 01:49:15 still have a certain expectation and they use XYZ as the basis for it and I'm seeing the conversation and I'm saying okay, here's what's going to be addressed publicly. This is smart. Because like you, Jerry, I agree. I don't know if you remember when,
Starting point is 01:49:30 I think maybe the first or second time I interviewed Tyrone on early season, I said to him that, you know, the funny thing about what you do is like you're almost always four or five years ahead of where you need to be, or where everybody else is, right? So that's not a public engagement
Starting point is 01:49:44 from a listed company CEO. I think in 10 years it will be the norm. Yeah, man. We'll see it starting. I think he did it to this page and I was looking at it and I said
Starting point is 01:49:59 he's doing it and he's getting the truth of it you get you put yourself out there then you're out there right but you can't play the public game
Starting point is 01:50:11 it's why everybody else pray for doing it yeah but he sees the benefit in it and why it should be done and he's doing it but he can't he can't be doing it to me
Starting point is 01:50:18 and then if you're doing it dog you have to do it you can't if you put yourself in a position where it where it can get to you then it will thing there you have to do it you have to if you put yourself in a position where it can get to you
Starting point is 01:50:26 then it will you have to deal with it how you deal with it how you deal with it but another day that's the game you're playing
Starting point is 01:50:33 you put yourself out there then somebody will see you and there's and there's no two ways yep
Starting point is 01:50:44 I mean You guys in the market Longer than me Since I've been in it I've never seen separate down investor Briefing before Almost heard this one announcement About one next week
Starting point is 01:51:00 Well Be seated Be seated have a big dot. It's strange. My most recent session with Danai was Wednesday Well actually, we're talking about Seprad. I was sitting there and I said, it looks like the same thing as I said. Same thing you said? I was thinking what that is. I said, it looks like I hit this. They made some moves. And then you haven't heard anything behind it. But if you know what...
Starting point is 01:51:46 If you know those guys. Yeah. You know those guys. You understand the market. You understand that those moves have... They have other moves that tend to come off. As whether or not that's attractive, that's another matter. But I expect other moves to come come are the moves that we have seen
Starting point is 01:52:11 and um yeah that might be a dot you're right none in years and then suddenly one very very interesting and then i i'll act very surprised i um hope, well, you know my hope already. I just hope that it is great for us retail investors, which means no APO. Yeah, because that's destructive to us. There's no need for it. And for everybody else, every other company doing something in the market
Starting point is 01:52:42 and seeking the market, which I think is going to be very popular over the next coming quarters. Remember that the retail market is not... The retail market is where you live and die. Yeah, and there's a segment of the retail market that is not easily tricked, that knows what they're talking about, that expects the engagement on that level. And if you're not on that level, it's your job to get up
Starting point is 01:53:08 to that level because there's no getting away from it. There's literally no getting away from it. And there's more and more. I've not seen them stopping. I keep seeing more and more people finally getting it.
Starting point is 01:53:22 I can ask a real sensible question here and you wish big up thing there should i not load him up but such man that was on earlier and his questions are certain event he was thinking there was a good question yeah i've seen oh yeah man yeah man yeah yeah the agm questions are a little bit more structured and pointed now. The interview questions are structured and sensible and pointed now. And they'll continue to be. And it's only going to get more and more. So you can't come and fool the market like how it used to work back in the day
Starting point is 01:54:06 because more people in the market actually know what's happening now I have people like me where I am almost never, very few people in the market impress me and even the people that impress me I'm not going to be impressed
Starting point is 01:54:22 because it's them, it has to be their actions right and yes you have to act sensibly or you don't have to act any great way just don't act dumb don't do the wrong thing do the right thing I've been paying attention to
Starting point is 01:54:40 most of the investor briefings or stock reviews I mean even Khalilah's program and you know a lot of the names are familiar but I'm proud to say a lot of the people who I see are the majority of the people I see asking the real serious and deep questions are all people I know who to grow. That's true. I have a big year for that, isn't it?
Starting point is 01:55:12 Thank you very much. Even me, I mean, there are questions in the past that I would have thought to be sensible questions to ask at the age of one. Right now, I'm more than happy with asking those questions. and stuff, such as the AGM, right now, I'm bored of everything about asking those questions.
Starting point is 01:55:25 You have to do it, grow up. You find yourself so far ahead of those questions. It's like, you're always... You don't know
Starting point is 01:55:34 what actually matters. No, no, no. And then, it's like, you, for me personally, I have to balance being annoyed
Starting point is 01:55:42 when I hear people ask it and just remind myself that, look, and everybody get exposed to the type of learning with me get exposed to and Yeah, so Yeah, man it It really make a difference Thank you very much and big up are you
Starting point is 01:56:05 right i mean i'm proud i'm proud of it i see it myself i see the effect and um i think it's known it is it is known and in certain circles it is seen i don't know how it is viewed but i know it is seen the people in that do grow up then they start to learn it and get it. And some of them don't get it the first time either. Yeah, man. I've seen sometimes I check certain spaces and
Starting point is 01:56:34 people I know end up as the person that knows everything. Yeah, man. They do grow up, but they're not going to see themselves as an expert but because of their interaction in the space People are asking them questions, people are expecting them to answer them Big up Shea, I'm going to message me and say he's more Shea's goal He's just here to talk, he's here to talk about the place you're making
Starting point is 01:57:02 I just want to remind you're talking and see you there come on me me gonna say attest to that still um it was my second grow that some other things really connect to me i mean i end up being distracted because i mean, I don't really like talking about this publicly but I, when I just started I was trying to learn from as many people as possible so I was in a number of spaces and to be honest I wasn't even paying attention because at the time there wasn't a subscriber group or anything it was just the group, the original group of Danai They make a big group Yeah, they ever make a big group And then even though I beat myself about it, it took almost a year for the little chorus to enter the group And the chorus could have done it in three hours And I realized that the chorus is about to beat myself
Starting point is 01:58:01 Yeah, yeah I know you're an accountant To the start I want to share this Every day I think about it And I say The two of us Of course
Starting point is 01:58:14 I push people to them a lot And I hope people See the value in it Whereas most people Take them for joke And they linger Under them But
Starting point is 01:58:23 You know Them things They clear up A whole heap of things For me I mean and most people take them for a joke and they linger on to them but you know them things they clear up a whole heap of things for me i mean people three people i i can say i've given the chorus with strong encouragement to do it and do it three people i've given that chorus to definitely over 20 yeah and 20 more people i know i'm sure i get a lot of people i don't know either i never know more than so but they don't show up back to tell me are cool it was yeah man and i'm with him the courses are so simple i mean it's like girl girl is much much simpler than most people think and that was the thing that kind of catch me initially it's a complicated boss it's your own real life yeah and that's it and I think that's
Starting point is 01:59:13 how people grow especially the first time and they miss because they look for specific communication yeah it's not to them they want the bridge to sound like they want to then leave and speak like an analyst, not knowing that English works well. The same concepts, just you don't have to call it that thing over there or act like it's way more deep or complex
Starting point is 01:59:38 than it actually is. It is what it is. And if you talk about it in terms of what you know it as, then you have a deeper understanding about certain things. And that deeper understanding you'll go with. I just had a little mango example earlier. You bring the stone after the mango, you miss the mango,
Starting point is 02:00:00 you fly up in the air and you come back and you bust him out. The thing that went wrong was not going on the shortcut it was going after the man going the wrong way that concept when you apply to something else you understand it better you don't need the heavy financing but it requires somebody who understands it to actually share it with you and so yeah i'm glad to hear it i'm proud i thought that's even the recent girl god big up top striker who do it i mean my ceramic plays now a top striker top striker top role model yeah because she take it serious she apply her thing and then what she do is she also she pick her niche and she go hard at it so like i tell people all the time as a as a boy
Starting point is 02:00:50 you don't have to short term it's not the only thing in the market you don't have to do that and you also don't have to be in front every day to actually make heavy money in the market but the unspoken part is that but if you want to do that you can do it but how you go about doing it needs to be needs to be serious and you patrol this if you actually throw the stone after the shorter mango they have to throw the stone after the shorter mango in a sensible way and top striker has been i mean she should take it as she'll run away. I mean, I'm mad for her. You know, I see the people. It's so funny. Danai, do you remember?
Starting point is 02:01:29 When we were even pre-COVID. 2018, all the people that talked about stocks. 19 people talked about stocks. 2020, COVID, like, suddenly stocks never got hot no more. Uh-huh. Man, God, arts and crafts. 2021, the stocks's number really, the market is still kind of down.
Starting point is 02:01:51 2022, the only people really still talking about the market in a real, sensible, fierce way are the people that are talking about it back then when they say, yo, something really, then they stop listening to it. I remember when, let them doom and gloom where I say, yo, they won't be always
Starting point is 02:02:05 Able to make The kind of money They're making There'll come a time Where the market is down And things Well it happened It happened
Starting point is 02:02:12 And the only person Who stopped talking Was you Which means that Only we now know Who actually knew What they're talking about And that's a serious thing
Starting point is 02:02:21 That people have to understand When they're thinking About your money Because Just because somebody Sounds technical Doesn't mean they have Any idea what they're talking about. And that's a serious thing that people have to understand when they're thinking about your money. Because just because somebody sounds technical doesn't mean they have any idea what they're talking about.
Starting point is 02:02:29 They might just be talking technical to knock you off your understanding. Right? And I'm not knocking anybody who talks technical, but I want people to understand that,
Starting point is 02:02:38 yo, if you're going to put your money in something because you think, so, yo, Randy, know him think, I mean, Randy talk about X, Y, Z, and Brick talk. I mean, know him say i mean him say he's not advice but man listen see him and do it you are taking
Starting point is 02:02:50 on a risk that nobody's asking you to nobody's telling you to do it you need to ensure that what the person is talking about in this case i'm saying randy myself ensure that what they're talking about make sense and make sense to you if you don't understand it you can't follow it as the great as a great man several years ago you don't understand it, you can't follow it. As the great man several years ago, only those who understand it cannot cross it. Like you can't,
Starting point is 02:03:10 you cannot get up and just follow it because it's so good. You will find yourself making either accidental profit or getting burnt in the market. And just because somebody sounds like them,
Starting point is 02:03:21 sounds technical, don't mean they know what I'm talking about. That's a dangerous is in the market. Anyway, I think in a moment from our yapping, I'm big up our acts, the world's not. Alexa. Who sent a speaker request?
Starting point is 02:03:37 I've been waiting very, very patiently. Hi. Good night. Yeah. I've been almost out of sleep. Oh, God. Sorry. Yeah, I almost fell asleep. Oh God, so we're in a closet, sorry. No, I'm not 100%, but I had wanted to say something when you guys were talking about, For example, saving money without attaching a goal to it. This week's topic, to me, looked a particular way.
Starting point is 02:04:16 I mentioned this to Dana when our last session was. You know, okay, I got some money. was um you know okay i got some money and he said something like oh um your blessings come in all at once or something like that and i said no well not that's not that's not a blessing but that anytime basically money comes to me it means that something big is coming for me to have to spend on um that has been the pattern of my life and so you know for mine here put them thing that i'm actually out of the universe no mom don't do that oh man oh my god i attract money i attract yeah but my eyes are attract worries like i'm very weird myself everybody have worries but
Starting point is 02:05:06 this is specifically in relation to real estate and when it nice it nice and when it not nice it don't nice and literally well literally and figuratively preparing for a storm is kind of how I saw the topic because basically I don't have a problem saving money.
Starting point is 02:05:38 I'm very disciplined like that and all of that and for years i sit down and i have money um in their accounts because should in case whatever something goes wrong you know there's money there um even as recently as i think like when the pandemic just hit and a lot of these banks were giving moratoriums um i stockpiled that money so much and as fate would have it a few months down the line a big spend came and i while i'm grateful for being able to have the money, when you have to do these big spends, and these are spends on things that are not readily profitable, it kind of hurts. um but it kind of hurts and it also makes me nervous knowing that okay all of my money now is gone and i have to build up back my reserves and you have to just hope and pray say something else doesn't come along that will require a lot of money so i guess since i've started investing and this is not even really for me personally um i do it for other people and you know property management and whatever
Starting point is 02:07:14 and so instead of keeping money in savings if i get money i drop it in the market. So at least when the storm comes, there is profit there to help me weather the storm. And that I'm not starting from scratch all over again.
Starting point is 02:07:40 Because as I said, when I said that thing to Danai, was it last week? something, I think it was either last week or this week today something happened, boom, money half a spin I don't even know the full amount yet but the anxiety isn't as great it's still there, I can't lie
Starting point is 02:08:03 but the anxiety isn't as great it's still there i can't lie but anxiety isn't as great because some of the plays that we discussed they're already in profit ahead of my goal date um and so i still had to say like for me this is the definite practical investing. Like life comes at you fast. And yes, you can have your savings and put down. But sometimes you don't know if what you have will be enough for whatever comes. To me, this has definitely helped me get through or deal with my stress level. helped me get through or deal with my stress level. I don't stress about money in the same ways again because I know that the potential for profit is not too far away. It's not like these years away that we are conventionally told, especially if you're in real estate, like years,
Starting point is 02:09:05 you're years away from that. Unless you go flip poses or something. No, no, no, no, hold on. I don't want to put you. But say that again, because a lot of people don't know the reality of that. Say that again. The real estate thing,
Starting point is 02:09:20 if you're doing it, is not, when she say years, she don't mean two or three either. A flip might take you two or three either. A flip might take you two or three years. A flip in real estate might take you two or three years.
Starting point is 02:09:32 A strong... And not make the money you think you're going to make. A strong real estate investment can take you an easy 10 to 15 years before you start in profit. Remember, you didn't know the people in your office were telling you remember one time i won't call any name but bigger up if you remember
Starting point is 02:09:49 yourself and one time we were joking back in my 95 days and she said to me say alex i know i know i cut you but i won't answer this point um i said to her i say uh she'll joke boy you know what money do i have money this is back in the day. And she said, go ahead, because all your talk, you're still a rent-a-hailing. And it was true. Also, I worked with my landlord, so it was very true, and everybody knew it was my landlord.
Starting point is 02:10:12 So it was very, very funny. And that made the conversation go down the line of renting versus mortgage, blah, blah, blah. And the usual thing that older people ask is the younger people, what do you mean? Say really I rent a place for 80 or 90 grand? You say you're going to live here in a rent house?
Starting point is 02:10:30 Yeah, yeah, no, hold on. You're going to live in a rent house? Exactly, that's an, you rent a place for 80 or 90 grand? But my mortgage is 40 grand. Miss Johnson, you got your mortgage in 1993 we can't go back to 93 and get the mortgage a mortgage is hundreds of a mortgage on a regular piece i don't even want to go to the holy grail the the new kingston apartment which not that it's a holy grail but it's
Starting point is 02:11:02 always overpriced but you can can get a $40 million apartment, a $40 million apartment, the mortgage is in the, what, maybe $300,000, $400,000 a month? Mm-hmm. I mean a $20 million apartment. Wait, wait, wait, what? $300,000 a month as the payments?
Starting point is 02:11:21 How much? For $40 million? $40 million. No, man. You're on $200,000 or so. One thing. No, yeah're on 200 or so one thing no no no no but when you're adding but when you're adding the insurance yeah man insurance yeah yes um listen when you add all those things up it's rough and people forget that guess what when you add all those things up... It's rough. And people forget that, guess what? When you're in real estate now,
Starting point is 02:11:49 that means that you are the dirty landlord. Oh, my God. You have a business. Yeah. I always find that weird. Yeah. Literally everybody I meet... Yeah?
Starting point is 02:11:58 Literally everybody I meet that want to do the landlord thing. I really look at them and say, boy, it's a Jamaican dream, bro, to be a Lannard. But then I sign in and I see Lannard is the evil of the world. And I'm like, but that's what you want? Like, literally all you guys want to be that thing. Wow. I mean, I have a different, well.
Starting point is 02:12:41 I still have a different, well, I think I can speak well from both sides. I grew up in a particular way and money was not my family was not wealthy. At points along the way, opportunities presented themselves. For example,
Starting point is 02:12:59 owning property or something. Alright, cool. Great. It's good. you can borrow against it lovely um but then the roof something happens to the roof or something happens to the the wiring or if you're like me you build something and you paid you do a brand new bill new wiring and everything and then is a frig up contractor you use and you forgot to run do everything again because you poor you you don't know literally start back from scratch. So there are a lot of things that would make me hesitant to encourage people to go into
Starting point is 02:13:53 property management. However, I do realize that it's an easier pill to swallow. For example, if I have have friends they're of the age now them won't buy something what about and i'm like i've always been the person to say don't buy an apartment please don't buy an apartment you can't add on you can't build you cannot you can't you're gonna rent out one room you're going to rent it out to with somebody else in there for help you pay the mortgage i've been there i'm always that friend um and nobody really wanted to take on the landlord side because especially if they've seen what i've gone through they're like, I really love this for myself. But I have found that they are more, especially maybe older persons, are more receptive.
Starting point is 02:14:52 So I'll be being very late in their journey, in quotation marks, late, to go into some kind of property management, whether it is them build a little flat on them house or them buy somewhere and whatever. I find that they're much more willing to do that, take on all of the stress, all of the things that come attached to it versus, yo, I bought Fesco in the, when it ipo'd and i never know nothing about nothing but i was like all right and it made money i wasn't even watching the market or whatever and i think i had my first
Starting point is 02:15:40 session with you danai and you're like buy more fisco and I'm like that time that I believe in a diversity act oh because I'm worried you know I want to preserve um my capital so I'm gonna want it spread out no I prefer for it to be spread out so the risk is spread out blah blah blah very technical Warren Buffett said um and fesco always sticks out to me because i think during i think it was less than three months it was like a hundred and something percent increase and i was like jesus christ and it was like one of eight and I was so mad with myself so so mad I'm I'm off on a tangent no I apologize but yes I find that people are more willing to go the route of
Starting point is 02:16:38 um real estate to try and build wealth versus investing in the stock market or whatever and i think i have been privileged in quotation marks to see things from both sides right now i don't know if anybody could get me to buy nothing because i want somebody else to have the headache I promise you I don't want and I'm not trying to dissuade people but that's just the reality um that maybe isn't spoken about enough um and I know my situation might have been a little different because a lot came all down on me at once so it kind of is literally um baptism by fire and you're not just dealing with one you're dealing with like eight to nine depending on the time period um so it's a lot it is a lot if it's, it's a lot. So I say a lot of that to say. I think using the stock market or investing to help you do the other types of investing that you want to do
Starting point is 02:17:57 is a great way to preserve your sanity, to preserve your capital. I know that the definition of capital preservation doesn't really speak to it. It's supposed to be long-term, safe stuff. Low risk, whatever.
Starting point is 02:18:22 But in my mind... The safest way to preserve is to grow if you see a stock stagnant for very long what do you think they have to do randy and jay uh it depends on the stock true but in general like often times it's like a fall people are starting to fall often means it's just not crossing this line too much that you're falling below that line very very very very often yep yep and then the people who are in it the longer they're in it and the longer they're waiting the more frustrated they get
Starting point is 02:19:07 and guess what every time it goes up and down near that line the people who buy into the top no don't do that hold on let's finish first
Starting point is 02:19:21 not the same with the real estate situation, but finish. Finish your point, Jerry, and then Alex, and then we can have the the Keturah gentleman who has stepped in. Yeah, man. So, every time you find that
Starting point is 02:19:36 it goes up to the upper limit where it ends up topping off most of the time, a set of people buy it there and then it it there and then it falls back and then every time it gets back close to that point
Starting point is 02:19:49 those same people start selling off so every time it shows some signs of life there's a set of people in there
Starting point is 02:19:57 waiting for some time everybody that was above it and they keep seeing loss exactly at some point they sell and when they sell
Starting point is 02:20:04 to that person then i'm coming at 99 and i i'm coming at 99 who bought 105 sales to me but then everybody i'm never going to see profit because i keep seeing 9900 9900 they now go to that 150 what's going on i'm gone and when i'm selling out at last then that's somebody else gone and when i'm selling out at a loss then that's somebody else hey i i the stable stock whatever stable thing there hey if it's like thing that if you were to try me granted if you were dirty if you were to make one if you were to make five percent over a year on the market yeah what would be your approach would you i didn't think I said they always talk always their own Oh big I'm gonna be conservative right so you want to diversify very far and you do whatever that doesn't protect you from in the
Starting point is 02:20:56 real world in five percent your best bet is to find a 20 percent yeah exactly leave at five instead of wait for a year with a bag of different stocks in a portfolio and but you need to you need to feel less risky you it it does it's the same needless diversification i'm diversifying just because i think it helps me not actually looking at the way it helps me. Doing that? No. Those 10 stocks that you've been very diversified for can still fall 10%.
Starting point is 02:21:35 Or one of them fall by 50% and everything else only make 1%. Or one of them fall by 50% and the rest of them make the 5%. It might shock the whole gig now. Or one of them fall by 50 and the rest of them make the five person. But it much of a whole gig now. I mean, we see it. That one will have too much of your money.
Starting point is 02:21:50 We see it, March 2020. Okay. Something just the other day. Yeah. March 2020. I didn't want... Well, you're right. You're right, yeah.
Starting point is 02:22:03 March 2020 was COVID and no big deal. You're right. Recovery from right March 22nd was COVID You're right Recovery from that was a hell of a thing for me Yeah, but Alex, I feel like I can interrupt you there, you never finish your point I don't You guys can go for water Remember to mute
Starting point is 02:22:23 I'm sorry Peter remember but you're saying you're talking about just being prepared to either prepare what you take on prepared what you either take on when it comes to the real estate thing or no not to take it on i laugh when you said it because i often i often say to people say why you think you hear you hear me all the time say yo i cannot buy a house yes i can't take up the money i did that because i know the reality of the numbers i say it's all the time big up mr mcdonald arden high school maths teacher he taught us he was teaching us interest and simple interest and um to use to do it he said you know let me teach you something that you'll have to know for the rest of your life i'll teach you about a mortgage and that
Starting point is 02:23:09 was the class that i was sitting in and i worked out how much and this was way back in the day i worked out how much a mortgage was and i never forget going oh i'll never have a house because i'm never going to take this much money to qualify to pay this much money for the next 20 years because it doesn't work as payoff for me. No, don't get me wrong. I'm not saying there's anything wrong with it or bad with it. I'm not saying it can't make money. I'm not saying it's not good.
Starting point is 02:23:35 It is a method of investing if you can work it. But most people who do it don't actually work out the numbers before. And most people, as you say, Alexaa you're privileging that a lot of it you what you didn't necessarily have to do the initial on well no that's not what i meant oh maybe i misunderstood sorry no i think there is there's a part that was um and i learned more from the latter um when i said what i meant by you know basically i've been able to see live not just oh you know sometimes we think something and when you get the thing you're like oh this is not really what i thought it's not all it's chalked up to be i i so i have been able to be on the side of real estate, real estate, real estate. Buy, buy or own.
Starting point is 02:24:47 And having now done that, put it this way, some of it is not even mine, but the level of stress it is, there's nothing you can do but take it on as yours because if something isn't working the leak is roofing i mean the leak yeah the roof is leaking right um you know those things literally attach to you the phone rings and you're like jesus christ who are wrong no you know what I mean?
Starting point is 02:25:25 So there's a lot of psychological and emotional things attached to the things that we want. And we don't know what those emotions will be until we're in the thing. I always like, a saying I normally say is I don't need to get shot to know that a gunshot hurts
Starting point is 02:25:51 or can harm me. But you see, when you get shot, it's a whole different feeling. So having been on both sides, that's what I mean when I say the privilege. I've lived on both sides.
Starting point is 02:26:11 And right now, I kind of would prefer a different side. Because, I mean, and this is a real estate thing, but another one of the realities of this thing is okay all right so if you're if you're not if your family don't never have property or whatever and you're the one starting this real estate journey and you're like okay this is how i'm going to um break the generational curses and you know build generational wealth and i'm not i don't i don't want to sound like i'm uh what's the word yeah i'm not ungrateful or whatever because i mean you just have to know that anything that anything you pray for you have to be you need to pray for the wherewithal for deal with what comes with it because if you're starting out and you the way you're starting out
Starting point is 02:27:12 is a mortgage know that your chances to get another mortgage or just another loan for anything else is ridiculously hard no matter how many lease agreements i show that yo i don't pay this mortgage you know tenants pay this mortgage for the love of me i can't get another loan. I cannot get a loan. There are things that come along with these things that we just don't always know until we're in it. And so if it is what you want to do, no problem. I'm in it. It cannot have a turn back at this point. I'm definitely not progressing in the way that I thought I would have when I
Starting point is 02:28:09 started. But being able to rest some of my, some of the emotional or the mental stressors that come along with this very real life um i want to say hard copy because i know a lot of people don't believe in stuff unless and can touch it and whatever right so you can see the building you feel the building you see the water or whatever but sometimes the soft copy stuff helps to make the hard copy things better it's kind of like soft skills and hard skills too um it's great to have these hard skills or whatever but it's really the soft skills that get you through um so if if you want to do this real estate thing, take my foolish advice, um, help, um, what is it?
Starting point is 02:29:13 Help prepare yourself for when, you know, the storms may come, um, the accidents may come, at least when you need money, you know know that you're not starting from scratch. You're not, hopefully whatever you've put in has multiplied to a point that can help you in ways that you won't be able to fathom. It really does help to relieve some of the emotional stressors that come along with it and for me that is very practical like I don't want the nice quote-unquote nice to have things you can't get those things without the stress that comes along with it so if you can find a way to mitigate that and for me investing um in the stock market is my version of capital preservation um it's very specifically related to that um yeah that is basically it i couldn't yeah i'm with you i couldn't imagine doing as much as you talk about
Starting point is 02:30:23 not ever buying anywhere or you know like I don't look on real estate as an investment, meaning for me, if I have real estate, it'd be for me to live in or to enjoy, but I wouldn't necessarily look at it as an investment. Not that it's not an investment. I feel like I have to be very careful when I say that. But you are speaking in a real way
Starting point is 02:30:42 about some of the stresses of it. And part of those stresses are why, you'll hear me say, I can do it as an investment, personally, because it's not a stress I want to take on. But even if I'm doing it as an investment or not, I would not do it without the stock market. Because the stock market can be a saving grace. Yeah.
Starting point is 02:31:03 Really and truly. Yeah, yeah. I mean, i know people who are right now it's a stock market giving them the money to the renovation on the house you'd be surprised yeah a lot of people that's the vote wouldn't be surprised when i brought up insurance that was um that's a literal real life thing. Realizing that, another part of the whole thing is that, okay, them say you get the house,
Starting point is 02:31:35 whatever, blah, blah, blah. And okay, if there's no lien on the house, you're not mandated to get insurance, for example.
Starting point is 02:31:47 And I don't know at what point it clicked to me that there is no insurance on this particular place and bare things kept happening to the place and i'm like yo something something feels off here and i'm like wait this this not have no insurance and how did I pay the insurance for myself dollar I and I mean it was direct the reality of this the reality of that insurancing was I think I figured it out february for whatever reason and i'm running down this insurance company i think i did then i think i probably even asked you do you know any companies that do this type of insurance or something because i had been having a hard time finding um somebody and i wanted somebody else to do the footwork for me. I wasn't interested in something they said. I was fine with working
Starting point is 02:32:51 with a broker or whatever. I didn't know if people were taking me seriously because I looked young or whatever. I'm like, all right, I find this one person. The thing just pay last, this month. For whatever reason, they weren't serious about, I don't know if they didn't think I didn't have the money or whatever. But I was just like, ma'am, ma have your money. We can pay right now.
Starting point is 02:33:20 Like, let's do this over the phone. That being able to do that is a big stress like it helps so much trust me i mean i can't a lot of things that a lot of the attachments to a house or people view a house as an investment because okay okay, this is, you know, for my family and whatever. And so investments are not just about the financial side. I get it. But they come with a financial side. So if this is what you say you want to do, right, you want the house for yourself, you want the apartment, great.
Starting point is 02:34:07 want to do right you want the house for yourself you want the apartment great you need for pay insurance whether it is in a um in your mortgage or you have to find the money and that that is all life and life and property insurance two different things to by the way you have to find the money for so i literally use the stock market to help me to pay for these things. That's basically all I'm saying. Find a different way to help mitigate your risk,
Starting point is 02:34:36 your stress, whatever, that isn't as labor intensive, definitely not as capital intensive. You know what I mean? For me, that is practical. Yeah, big up you. I mean, I'm happy to hear it. I never thought of that twist on it, but I'm happy to hear it.
Starting point is 02:34:58 Keep doing it. That kind of problem you said like you know even though you're pointing out that you're not the one paying the mortgage on the two houses I know that sort of thing you're at the bank or you're at the institution and the person's there
Starting point is 02:35:18 all of them seem to understand yeah but the system's set or yeah but the rules set you know consider maybe incorporate something and then, you know, the payment is expenses and... I was going to think about that. I was going to ask about that. As a company, it might work out better.
Starting point is 02:35:36 We started this conversation, you know. We started this conversation, Randy. But honest to God, I couldn't take on, I can't take on nothing else right now, like, I know the practical side of it, I know it's there, I just wish somebody else could do it for me, right now, I need to, you know, kind of further reduce my stress level so that I can handle that because I really need something to help, you know? Well, maybe a sensible person will reach out. I can tell you, Dana and I talk about this privately all the time. Right now, there's a holy power out there for anybody who is a sensible accountant
Starting point is 02:36:25 and a sensible lawyer. Somebody who don't want to go the usual typical route. If you're willing to cut your own path. I mean, you've seen how some of the lawyers cut their own path. You see like the Abel Duns. You see like the
Starting point is 02:36:41 other lawyers. That's very popular. Goff. Goff is you know what both of those that is true he certainly has cut his own path and Goff maybe has gone
Starting point is 02:37:02 the more typical path but in an organization where regular people might not seem young, but in that space, he's very much a young and vibrant lawyer. So I think that if there's a lawyer out there or lawyers out there who are looking to make their own path and looking to go into something else, there are a lot of young people who have made a lot more money than they expected, a lot quicker than they expected, and they're willing to pay to have things done.
Starting point is 02:37:27 Are they willing to pay to have certain things set up for them? I don't just mean incorporate a company and charge people 60 grand. I mean, you don't have the actual problem. As sensible lawyers, there's more than enough. There's more work than people realize
Starting point is 02:37:44 out there. Not food, I understand. Yeah, man. A work than people realize out there. Not food on this table. Yeah, man. We all eat for food out there. I can say this is an open call for sensible eyes
Starting point is 02:37:51 and sensible accountants. We all eat for people who are giving us some money. Because I understand the frustration. I hear Alex's voice where you...
Starting point is 02:37:59 Even if I see that it makes sense, I can't do no more. I can't just sit in a line for a day and it's worth when you have to line
Starting point is 02:38:06 the phone and ring and they say, next pipe, boss. And the roof need to fix up on Ray, Ray, Ray. Yeah. And you wonder if the workmen will chop you because you didn't fix the roof last month. So, yeah, boy, you more do the whole roof.
Starting point is 02:38:20 Stop stepping on my car, then. No, me know, me know. Me know the worries. I know the worries. more you stop stepping on my condom yeah no no no no no no no no no no no no no no no no no so much that cost it is supposed to cheap and yeah yeah yeah so he puts in and that's a real yeah what you're mentioning in mentioning is um also very real and important thing. Like, delegation is basically what may I look for? May I look for people for delegating? And I'm willing to pay because if I can delegate those things to them, I can focus on the things that only I can do,
Starting point is 02:39:03 or the things that I am much better at. That way, actually bringing the money. So if it means I'm going to hustle like a hard-off, so I can pay a fee, I'm down for that. Where did you say about playing the piano? I never even ran the person. This was the open call.
Starting point is 02:39:22 Oh, I'm speaking to the choir yeah it's a good thing to point out so people if you listen on twitter you might be sure that nothing good is happening in Jamaica nobody is getting anything and it's terrible but see a little opportunity there from a couple of people
Starting point is 02:39:40 reach out that's all I have to say reach out only only legitimate people I know about wiring and stuff no you can't trick me
Starting point is 02:39:52 yeah yeah don't make nobody pay for wiring or money don't make nobody pay for just for a small pay or anything but if people see us
Starting point is 02:40:00 there's opportunity out there and I like that you said this Alexa privately other people are in a very similar situation so is serious. There's opportunity out there. And I like that you said this, Alexa. Privately, other people are in a very similar situation. So reach out. There's work out there for people who are willing to cut their own path.
Starting point is 02:40:14 Thank you so much, Alexa. I know you're saying you need to sleep. I need to sleep today. I need to sleep too. So I'm going to talk to the last person who sent a request, Mr. Pajama himself. Mr. Billions. Mr. Billions. Apologies. Mr. Billions.
Starting point is 02:40:36 Yeah, I was just speaking on the whole real estate thing. But you all really touched on a few things. I was just going to say, like, regardless of the stock market or regardless of the real estate market, you really have to have a plan because I know a lot of people and even me, throughout the pandemic, you know, we had a lot of properties
Starting point is 02:40:58 that we just never was getting bookings for, you get me? And we had to strategize and just rally but because we had done a lot of renovations and we had done a lot of stuff investments and we had to find ways to actually um turn a profit other ways you get me you know so you have to just diversify a portfolio. So would I be starting businesses like even the mask thing? A lot of people made a lot of money supplying demand of a mask and just supplying whatever was needed at the time.
Starting point is 02:41:37 You get me? So if one thing is not working for you, have a plan that, hey, let me see what else can work. You can never be afraid to invest. You can never be afraid to test it or test something and the whole thing about capital preservation um i don't really believe in preserving capital i believe in growing you get me so i'm a very um risky person i would say where i'm very aggressive with my risk, you know, which has gotten me this far.
Starting point is 02:42:08 You know, and even though I got hit at the earlier part of the pandemic, the pandemic is over right now, I would think, and we're doing a lot of real estate investments right now and property banking.
Starting point is 02:42:23 And what I really want to say is just your strategy. What is your strategy to get your money out of something or get your money some other way if something stops working? Because just as how the real estate market was working for a lot of people through the pandemic, the stock market might not work at some point because a lot of people might just be selling because things are getting bad. So what are you going to do if the real estate is not working and the stock is not working? You know, you have to try to find something else.
Starting point is 02:42:57 Short. Pardon? Short. What do you mean? If things are going but it's short yeah people selling people sell off
Starting point is 02:43:11 because bill have to pay and this have to buy and whatever you get me and this is why a lot of people buy them and sell something I'll buy some straight up that's the point that's the fix if you's the point that's the fix
Starting point is 02:43:26 if you if you need the money and it's in an asset other than cash and the only way to get through to cash unless you want to borrow against it is to sell then you're going to have to sell and then the next thing too because like a double-edged sword because you sell and you gotta pay a bill bill or you pay whatever and then you end up broke which happened to most people where most people were broke in the pandemic just because you know they never really had a plan they just there's no all right we'll probably have this right now we sell it off for top um for stop a leak and then they end up causing a bigger problem after that you know because i never had
Starting point is 02:44:05 a real plan so anything you're doing whether it be stocks real estate forex business you have to always have you know try to create multiple streams from whatever you're doing so that even if one stops you have something else that is going or something else that is going you know just always be open to opportunities most people relax yeah you know i said it's a show considering every line of market every time you have your own as a same person you start by stock there i put my foot in it man a couple of things and then even next year you're gonna say some heavy things though a couple of things. And then even next year, you're going to see some heavy things. A couple of things that I bought. What are you talking about right now?
Starting point is 02:44:52 Well, I bought into one-on-one the other day. An IPO? Yeah, man. I bought into the IPO. And I'm buying on the market soon. So by the end of the month, I should be putting some more money in that. Yes. Why are you making 65% so quickly less than a month 65% profit that is cashable and cashable so quickly I don't hear what's it like making 65% on top of your money so I'm
Starting point is 02:45:21 not looking at those small or short term returns. I'm actually holding it because I feel it is and I know it is a really good company based on what it is offering and stuff like that. And based on what it is doing with the education system. You know that space at home? In terms of? Education. You teach. in terms of? Education. You teach. Yeah, yeah, yeah, yeah. Not even that alone, but the wider...
Starting point is 02:45:49 I was just at that point. I can understand you looking at the space more than me in the space. Yeah, because even in the next couple of years, the entire system is changing right now.
Starting point is 02:46:05 People are bringing tablets to school right now. One time you couldn't even have a phone at school. And people have that and everybody's sending things to your email or, hey, let's get on a Zoom meeting. Class now, keep today. You get me? So those are the solutions. One on one. Well, any company that is offering any online-based solution that is helping the masses to move from, you know, Jamaica or the culture is normally pen and paper, you know, to digital. The world is moving digital right now.
Starting point is 02:46:37 So any company that is actually doing that, you know, it is worth looking at, actually. If I'm looking at the T-Tech then? No, I don't know that one. Check it out, man. Digital company on the exchange. Heavy on tech, been for a long time. Look it up, man. But next year, I'm really looking to go really hard next year.
Starting point is 02:47:00 Looking to buy some machines in it. What, one-on-one? Well, not that alone, but a couple of others. Do you have anything in mind right now? What do you mean by you want to go hard? Buying enough shares or you want to make certain returns or the plan? Well, I want to... As I said, anything that I'm doing is not really for short-term gains.
Starting point is 02:47:21 It's more like long-term gains. So it's when for example i'm done with a couple of projects that i'm actually doing right now and then i'm like all right let me put some money in this like some spare money like i was spirit 20 yeah not even not even not even said the dividends but more of you know just being able to totally grow with these companies you know what really you know but you me me and you know better said but that's a flow no but the dividends not really do not for me honestly because my my expenses are one time more than 10 million we're putting the money there if you're not going to be expensive more than 10 million well here if you invest enough you get 10
Starting point is 02:48:03 million from the company you're getting so you know i'm not really looking at the dividends because even from my bad company i do have open the jsc it's probably like tonight i was like talking about it so if you put money in everything on it and it goes to zero you know what the point of that well why would it go to zero and even if it does go to zero that is just a spare money that I'm willing to lose if it does, but I don't think it will based on its track record. I don't think it will. I'm thinking about the point I said.
Starting point is 02:48:35 You're just investing to invest it? No, I'm investing based on the vision of the company and I know the solution that it is providing to the market. Yeah, so you're putting your money on it. Buying it on the market doesn't give the company and I know the solution that it is providing to the market. Yeah. So you're putting your money on it. Yeah. If you buy into the market, you're not going to give the company any more money. So you're buying now because you believe in it.
Starting point is 02:48:52 If you believe in it, it's ready to grow. And if it goes up, I make more money. But the thing is, I'm not looking at the short-term gains, like the 65 cents that it made. So what about the long-term gains? Long-term gains, I'm seeing it as a company that probably over the next five years or the next ten years, based on everything that is happening in the world
Starting point is 02:49:13 right now, everything is going online, it is going to have a large market share of all of that. Give me a price. I can't really give a price like that. I don't work like that. So what's a 165
Starting point is 02:49:29 in that 10 years? No, I'm not really looking. Whatever I go, I look at this, for example, right? I don't really invest based on, hey, I want this to go to $5 or to $10, right?
Starting point is 02:49:46 Because... No, no, no, hold on. Sorry, one second. What do you invest on? I invest based on the underlying value of the company. So I invest based on what is the... Because, for example, me, I start a lot of businesses. And all of the businesses I start are based on providing a solution to a problem.
Starting point is 02:50:07 So I know the big solution that this company is actually providing to the wider problem that most people are having right now. Where even today, the flooding in Kingston, people could have died in the yard and have learned the same way. That's true. Here we go. Come the grow. I've told you this before. But like how you enter the stocks game now come the girl usually i give a discount at this point but i mean if you have 10 you have low 10
Starting point is 02:50:31 million 85 us you're not even that's not blowing i'm investing my money i always invest my money invest 85 us in um in in some i suspect some really for you it might be life-changing information and um i so i i know though no joke if you do grow at the end of it i think if you actually pay attention you actually do the things that we're doing in grow you will actually see a level of benefit that i suspect you will take out of even just a stocks game. Because Evo for me right now... Come to the next go. No, man. evrimickle.com slash grwr e-v-e-r-y-m-i-c-k-l-e
Starting point is 02:51:14 dot c-o-m slash g-r-w-r Or if you click on my profile, I'm sure the link is there somewhere. But come to grow. Because I think your thinking around investing overall will change i'm not saying in terms of in terms of what exactly though in terms of understanding investing fully and i'm not saying that you don't don't think that i'm saying that you'll come to
Starting point is 02:51:37 grow and then you'll want to sell um one-on-one that's not no but let me ask let me ask a question you think that i don't understand investing when i make over 10 million dollars a month definitely i'm almost 100 sure you don't before but but but but so you're sure that i don't understand when i can show you 100 million dollars right now sure definitely i have no doubt that showing me doesn't mean that you understand no but i don't understand how do you not understand a person who is making money from something that they've said that they're making money from? Because lots of people say they make money from things, but that's not how it goes. Oh, so is it that I can't show you that I'm making the money? No, you can, man.
Starting point is 02:52:18 We never said that. You can. We're saying that showing that... Well, you just said I don't understand investing. Exactly. Well, you just told me to say I don't invest to make money. No, I did not say I don't understand investing exactly we just tell me say don't invest to make money no i did not say i don't invest to make money i said i don't i'm not investing to make 65 cents on a dollar and then me say that is that is that is not what i make
Starting point is 02:52:37 i'm gonna say what is money for you what is what is money my thing i look at this right you have you have certain companies and if you guys are investing just to make money, you'll never really make money, honestly. You get me? Because of yourself, boss. No, the man is laughing. Because let me ask that question. No, I want to show you something, for example, right?
Starting point is 02:52:59 I want to show you something, for example. No, let me show you something, for example. Ifore Danai. Ignore Danai. I'm listening. No, let me show you something, for example. If I'm investing just to make money, right? And I'm not going to say the specific name of the business or whatever. But I've had businesses where I'm spending probably five mil just on like probably, you know, building out the business. And that is per month, paying people, paying this, paying that, right? For multiple months. Like, I have a business right now where I'm spending like 2 mil a month.
Starting point is 02:53:29 You get me? Just to build out the business from a couple of months now. That is well over 20 mil, right? 10, 10 months. Yeah, over 10 months, 20 mil. You get me? One month, two a month. Yeah, yeah, yeah.
Starting point is 02:53:44 Yeah, but look at this if i you know was investing just to just thinking about the money or are making this money back right now i would not i would have stopped probably three months in when i realized oh things are probably moving slower this or that and the roadblocks and stuff like that right So my ultimate vision is not to just make the money, which most people are, their vision is just to make money because I'm trying to pay rent. I'm not trying to pay rent, right?
Starting point is 02:54:14 I'm trying to invest in things that are providing a solution, a long-term solution that will help change other people's lives. And then that is when the money will come in. That is when the real money will come in. and that's how you get to the stage when you're making real money. I give an example of what real money is like. Over 100 over 10 over 10 over 10 is real money a million dollars Jamaican is not
Starting point is 02:54:38 real money that's like seven thousand US dollars I spend that on a deal. Oh, that's, that's, that's awesome. So what technology I make on his money? Yeah, that's like, yeah, that's, that's 60K US. Aki, Aki,
Starting point is 02:54:49 invest and get that. What do you mean I can't? What am I doing when I'm starting a business? Isn't that investing when I'm starting a business? Are you telling me, if I invest,
Starting point is 02:54:57 I make money, I make money. I don't think you're trying to understand what I'm saying. And I think, I don't think, I don't think you're trying to understand what I'm saying. And I think... I don't think you're trying to understand what I'm saying.
Starting point is 02:55:07 And I feel like you're being defensive. And my approach in life, because, for example, me clicking on the unmuting just to say something to provide guidance to somebody and motivation that, hey, regardless of you falling down, get back up and push on and just try to find other solutions i feel like you're upper you're operating from a point where you feel like you know everything me i could have the most money in the world and i do operate like i i know everything
Starting point is 02:55:34 i'm always open and which is why i'm here just educating and then you ask me a question and i'm sorry let me answer this sorry let me whatever always be teachable i agree with you hold on one sec because i think he's right here you're just in this thing for the money um if if i i get a lot of what you're saying um mr pajama because you're saying and as i think i've heard before that if the business only makes money then it's kind of a failure right because you can make the money when the money stop what when it stopped the money just stopped exactly so you in you're you're looking for something stronger than just a quick return which is why the 65 percent gain currently wouldn't really be yeah and i yo i'm with you you know i'm the same way i have investments that
Starting point is 02:56:22 are up a hundred% and I don't cash them out either. Not because the gain isn't good, but because I believe that there's a greater amount to come. A greater footprint to come. I would give up a million now if it becomes something that can give me a million
Starting point is 02:56:39 every month in 10 years. You see what I mean at the end there? I have a number that I'm giving up and i have a number i have a number that i also want yeah i understand you saying that 65 percent is not the goal for you that is perfectly i'm not going to cash out at 65 that's not going to do enough for me and even if we go back to one i'm not going to cash out where would you cash out? no it's not a matter of like would I cash out really?
Starting point is 02:57:13 that's what you're asking me? yeah where would you cash out? where's the level at which you would cash out? the level that I think I would cash out and start actually taking profit is probably for probably know probably when i eat probably 3x if i'm really if i'm looking at the money but longer term or a stock like this i'm looking for longer than that because guess what the future is here and the future is longer
Starting point is 02:57:41 than 10 years or the future is longer than five years and the type of technology that is coming in the world right now where everything is going online you realize that everything you do you do it on your phone you barely even write anything on a book or a piece of paper not only me i get you i get you but hold on talk to me you said you start the sentence by saying maybe three maybe no because my standard is i look at it is massive yeah yeah yeah i look at me at least three three times and then i have that habit from trading like for example last year last year i i lost a hundred thousand dollars in one night right one night right that was august last year right then a month after that i made 200,000 dollars back you get me and then i made like some 20k 30k 50k over the months and then i had another
Starting point is 02:58:36 100k not another 85k then i had another 200k day get me? So if I was looking at the losses or having a bad day or something not working at the moment, I would have given up, you get me? Which most people give up because, oh, yo, COVID hit and, you know, say, my mortgage will pay and I can't pay because this, the money not coming from this. What other ways are you going to find for the money to come in?
Starting point is 02:59:06 Which is why me, I always ensure that I invest my forex profits and I use forex as my bank where I invest my forex profit into businesses or into different ventures that can provide a return for if, alright, I'm not trading this month
Starting point is 02:59:21 or I'm not trading for the next two months in a good same way. But most people are just looking at one thing as their only source of income, which is a job or probably the stock market or probably a little real estate. They get minded. They start making a certain money, then they settle. You get me? I'm not. I'm not settling. I understand that, hey, every dollar that I have should be going out and bringing more dollars to me i can't work for my money because forex is still manual working because i have to get up i have to trade i have to make my money right that's trading the stock is still manual work you have to get up your place
Starting point is 02:59:56 i get what you're saying and based on what you're saying not to cut you but but based on what you're saying then what would make more sense is like if you really invest money like you know in like a company where other people's effort then make you money right yeah basically and then said other people's effort would make money for themselves and for the company and then those expenses coming out the revenue would leave profit and then the profit would be paid out to all shareholders as like a sort of like a dividend basically so so maybe you should just come to the local stock market like i said i'm glad you're here no no the thing is not it is i'm i'm actually doubling in the local stock market now yes but it's not something where i'm looking at and saying hey this is going to be my main source of income or hey i'm going to put all my eggs here because
Starting point is 03:00:41 sometimes the market moves slow well if you're doing it wrong it does but but it's what's important but wait a minute if you do it wrong it does every market have a slow point you could have been doing it right or wrong it every market has a slow point at some point you could be doing real estate right all your life making a bag of money and then have a slow point because something happens i agree there are times when the market is more exciting and other times what the beauty of practical investing is that it allows you to be able to make money regardless of the time now i'm not saying that it means that every day you can get up and make 300 percent but every day you're able to get up and make delta every day you're able to get up and make alpha not delta every day you're able to get up and make alpha, not delta. Every day you're able to get up and do something on the market. That helps you.
Starting point is 03:01:27 I like what you're saying, but I'm saying that you really, really should consider coming to Grow Up. Because it might shift your perspective. And I know you can afford it. Just trust me. No, no. I never said that I would not, you know. I never said that I would not, you know. I want you to say that you would.
Starting point is 03:01:43 Because it would really help you what i what i also think would help you is just a shift in understanding that the thing that you say you're doing nobody's asking you to do it alone nobody's asking you to do stocks only don't assume that people are only doing that there are lots of people but then i just said me making 10 mil plus is not like I don't have an understanding of investing. I don't understand. Yeah, because that's not... Making the money is a different thing. No, but let me ask you a question, Danai, right?
Starting point is 03:02:14 Let me ask you a question, Danai, right? Can you just break that down for me, please? Danai, I'll take this one. No, man, I'll take this one. No, man. No, no, no. Not you. Not you.
Starting point is 03:02:23 No, Randy's going to say it because... Danai, Danai, come on, man. You... I want you to take this one. No, man. No, no, no. Not you. Not you. No, Randy's going to say it. Danny, come on, man. I want you to break it. I'm fine. Say it, you know. Come on, man. Break it down for me, man. I will. You want me to do it?
Starting point is 03:02:36 I'm going to start, Randy. Randy, stop it, man. Randy, give the man a chance to break it down for me. He has more than enough chances. Trust me. I'm hoping you. Randy, come on. Randy, give the man a chance to break it down for me. He has more than enough chances. Trust me. I'm helping you. Randy, come on. Randy, give the man a chance
Starting point is 03:02:47 to break it down for me. I'm going to use that. Because I want to learn from the great Dana. Cool. You want to learn what? I want to learn exactly what you're saying
Starting point is 03:02:56 and how I should change my mindset from being such an aggressive investor and stopping me Nobody said that. Nobody said that. It's right there. Who said that?
Starting point is 03:03:05 Didn't you say that to me a while ago? No, I did not. You didn't say that. Hear me out. This is recorded, right, Randy? It is recorded. You've said that you've made 65%. I said that you've made 65%
Starting point is 03:03:19 at one hour. If you bought at IPO, that's what you're up to. 65%. And I said that I'm not cashing out. That's cool. Which most people would cash out, right? But they make 65 cents. It doesn't matter. It doesn't matter.
Starting point is 03:03:32 It doesn't matter. Hear me out. Because most people who invest don't even understand the market. Stop watching. I agree. And we're saying that we're going to lose people. Most people who invest in an IPO just want to flip it. That's fine.
Starting point is 03:03:44 And we agree. That's fine. But you said that you would do that because you said's fine And we agree No but nothing is wrong with doing that There's a lot of things that are flipped That doesn't mean that is my investment strategy for everything But nobody said that Nothing is wrong with that either You say That you made
Starting point is 03:04:00 I will in a moment But I want you to say something first. You say that you made 65% on top of your IPO money, right? At least the money that's in 101, right? In the last 30 days. How did you make it? Why did you make 65%? No, why did I make that 65%?
Starting point is 03:04:22 How was that 65% made? No, that 65% was made based on just people having, you know, good faith in the stock and people just buying up the stock and stuff like that. The IPO push, the common IPO push that Jamaica has. Okay, so what you just said is evidence of you not understanding the market. Okay, so why did it go up then? Weren't everybody buying into it? Every michael.com. everybody buying into the stock no doesn't the stock i've never bought it most people did no most people didn't all right watch me i'm saying that 65 65 percent in a month is great money.
Starting point is 03:05:06 It is... There are people who invest their entire lives and never... But I did not say it is not great money. I did not. I just said that I would not cash out. Why would I cash out? I think you're being decent. Just listen to what is actually being said. Yeah, man. Listen to my actual words. Not what you think I'm saying. I'm saying it's good that you've
Starting point is 03:05:22 made 65%. And I want you to be able% and I want you to be able to I want you to be able to do it repeatedly and I think some of the lessons that you could learn at Grow can help you not just in this but in anything
Starting point is 03:05:37 just in general investing. So come and you'll understand why it is. In fact, if you do it, I suspect there'll be a point where you'll listen No, but I feel like you're even going around the question now. That's what you're trying to... Let me ask a question, right? Let me ask a question, right? No, wait, no.
Starting point is 03:05:50 Wait, no, Randy. Wait, no, Randy. This is not about going to a class or whatever, right? For you, it should be. No, for me, it should be. I will evil... Because the thing is, the thing right now is I said that I would not sell at 65 cents because that is not a profit level
Starting point is 03:06:09 that I'm looking to take profit at. Everybody's in agreement with that. Because I understand the value of this company, right? That makes sense. Mr. Danai, oh great one, is saying to me that, hey, you're making more than 10 million a month. You don't understand investing. You're doing foolishness.
Starting point is 03:06:29 But what did you say? You want me to actually say that too? And then I said you were being defensive. And you're sounding very defensive, sir. I'm not. I promise you. All right. So I can speak without a midway remodel. Without Randy jumping in
Starting point is 03:06:44 to your defense. I'm worried about you jumping in and i'm speaking me no man you're good good we're having all right so you said you're once you're at once you're 65 percent up in a month and that's good i asked what are you looking for you're not looking to sell no he said it's a short-term profit you don't you know you don't want that and 65 percent is not enough what you want out of this company. Cool? That's what you said, right? What I want out of the company is not really.
Starting point is 03:07:11 And I said to you, what I don't want out of this company is. No, what I want out of this company is to see it grow and to see it do extremely well because it is solving a specific problem that should have been solved a very long time ago. Cool. a specific problem that should have been solved a very long time ago cool but you said 65 percent and the time you spent here already with the company is not enough for what you want out of the company that's what you said right i feel like you're trying to be smart with me or you can listen to the recording later and read that's what you said no i'm listening to you now but i feel like you're trying to be smart with me no i don't want to move no no i don't want to move forward and then you're telling this and then you backtrack so i will not back clarify everything all right cool not backtrack and then you said five to ten years is what you're really looking
Starting point is 03:07:57 out for that's no i did not say five to ten years is what i'm really looking for because the stock don't even must go that far or the stock don't even no what i mean is no no no he had said something i said i was going to say it i'm gonna get a midway remodel no randy had said something here we are randy had said something about five or ten or whatever dollars you said five and ten okay all right here what ignore what i just said that's what i'm saying that's what i'm go. Ignore what I just said. That's what I'm saying. That's what I'm disagreeing with. Ignore what I just said. Ignore what I just said and continue. You can make a point
Starting point is 03:08:31 and I will make my point. Sure. All I'm saying is, you said 65% and short term wasn't what you wanted and then you said it's a long term hold for you and then asked. Go ahead. You-term hold for you no i asked go ahead you didn't no go ahead go ahead go ahead go ahead all right and then i asked what do you want out of it
Starting point is 03:08:53 and i said i want a long-term growth out of it in terms of seeing it change people's life well then you said you were speaking about returns and then no you were speaking about returns and i was saying to you that boy this is recorded you know yes it is i know it is and i'm glad it is actually me too yeah so then i said to you and then you felt a little way no because i said that not every investment is based on a monetary value right not every because if every investment is based on a monetary value. Right. Not every, because if every investment is based on a monetary value, you'll never become rich or
Starting point is 03:09:29 wealthy. Bro, please stop saying things like that. That doesn't make any sense. I understand that you can want something more from your investment. You can want more from it and still get money from it. That's fine. I'm not doing what I'm doing now because I own the money. I's fine. I'm not doing what I'm doing now because of the money.
Starting point is 03:09:46 I want to help people. I want what I'm doing to change whatever. But I still want money from it. It's still a business. I'm not going to push money into this thing and at the end of it, I'm just spending, spending, spending and not coming out. That don't make sense. Nobody would want to do that.
Starting point is 03:10:02 And I did not say that I would do that. But I wasn't saying that. And I did not say that I would do that. But I wasn't saying that. And I did not say you were saying that. It's just what you said about, you know, when I said to you that, hey, not every investment is about, you should be looking at just the money. You get me? Of course, you have some that you just look at, let me make a quick flip. But not every investment is worth the quick flip because you probably do a quick flip and then you lose out on a
Starting point is 03:10:29 bigger opportunity that is true that is true that is true yeah and then he said then it's wait no no then he further said that me making 10 plus mil or maybe i never said that i said something right here with the how much you make in a month yeah what about my idea and i disagreed with the fact that somebody can be doing that making 10 mil a month and they don't understand investing no but you said that i don't understand investing that's what you said based on other things i said nothing to do with your 10 mil yeah you can't make a 10 million do your thing that's cool no but you said that i don't understand investing that's what i know and i agree i i'm standing by that no but why do you think i don't understand investing because whenever an opportunity comes up for you to say something
Starting point is 03:11:15 that's an understanding of investing you say gibberish no let me ask a question right what gibberish did i say when i say said that i am looking for a long term um you know i i'm i'm looking at companies long term not in the sense of just money i'm looking at the value that it is because then you start investing for time nobody invests for time and that and that is right where I think we will never agree because you guys are just looking at the money part of stuff. You have no idea what I'm looking at. You don't know what I'm saying to you right now.
Starting point is 03:11:54 Because you misinterpreted a lot. And then you have a feeling about it based on whatever. Alright, understand this Mr. Pajama. Yes, Mr. Randy. The showing of a lack of understanding Andy is is evident whenever you speak about investing and I seen that is either money or no money and if anybody isn't saying exactly you're saying and they're against you no no but that's what you guys are doing no allow me listen just listen clearly listen clearly the money is an important part
Starting point is 03:12:28 of investing in fact successful practical investing in fact successful investing of any type doesn't mean that you don't make a lot of money from it in fact after a certain level the money is indicative of the success of the thing so So, for example, Wisinco has changed a lot of how Jamaican business is done. As a result, they're also a multi-billion dollar company. The money is actually, think of the money like points. If you're really good at the game
Starting point is 03:12:55 and you have gotten good at the game, then you get more points. So, my point is of having over 100 million is not valid. It is valid in case you're trying to count numbers, but it is not sure. How do I do this consistently? Example.
Starting point is 03:13:11 Let me give you an example before I continue. I've always openly spoken about the situation of me not being able to get any form of loans. From any institution, whether that be a car loan would that be a property loan would that be whatever or am i able to consistently manage my money well
Starting point is 03:13:32 and be able to make these big purchases and still have these big bills because every day i get a bill of probably a contractor call me hey man send over 500k today send over 200k yesterday send over this money this pipe need to fix that need to fix send over this, send over 200k. Yesterday, send over this money. This pipe need to fix. That need to fix. Send over this money. Send over a million dollars. We need to buy these items. I need to fly out twice. Send over 5 mil. Send over 7 mil.
Starting point is 03:13:56 You following me? And I'm able to do that consistently. Money, you know, minus, and then I put it back. Put it back. Put it back. And then money is coming in from different angles. I know how to move around my money so that everything works and it's multiple it's not just one it's multiple businesses that I'm actually investing in and turning and keeping my money turning right so I don't understand investing and I'm able to do that consistently without the need or
Starting point is 03:14:23 the the the back of a bank which most people are back to have a bank right most people even work in the bank most people don't work in it what are you working no a lot of people work in the bank and do it for 100 invest their money yes that is true hold on pause pause pause pause You realize what you just said? A lot of people work in the bank and they don't understand how to invest their money. In the same way, a lot of people can have contractors calling them every month for 5 million or 7 million or send
Starting point is 03:14:54 over something they probably need to fix and they don't understand investing. So you said me investing my money. There are 100 companies on the stock market and maybe the CEOs of maybe five of them truly understand the stock market. Maybe five, and I'm being
Starting point is 03:15:10 generous. Just because you're able to make money from one thing is not evidence of understanding another thing. No, but this is not one thing. I'm making money from real estate, forex. I'm making money from equity plays as well. You're making money from
Starting point is 03:15:25 equity, but guess what? When I ask you what kind of money is your goal and what do you invest in? Because my money is not the only thing I'm actually looking at. I'm looking at being able to live like a bonus.
Starting point is 03:15:41 It's not only, but it's a part of it, right? Yeah, I'm only asking about the money. You're saying I'm supposed to put a limit on it or put a figure on it which is me putting a limit on it if i said to myself that hey i want to be cool for you no if i said to myself right i wanted to make um you know for example i just want to make from forex right i just want to make 10 grand i'd limit myself and not make 200 grand or 200 grand you get me no i would be limiting myself every year on this market i set up to make my vote at saturday here is general i have a lot more now you don't find it to yourself sometimes are you limit yourself making this money consist yeah I'm listening to you and I
Starting point is 03:16:30 say I want make a hundred percent the area and very quickly I reach that hundred percent and for the rest of the year smooth sailing enough money make yeah but I 100 yeah it's the same thing. I didn't limit myself. I just had a target for what I want to make. As soon as I hit that, I'm fine. And nothing is wrong with having a target, you know. So, but the same thing, yeah. Yeah, but nothing is wrong with having a target.
Starting point is 03:16:56 But I'm saying to you that my... Sorry, are you against it? No, no, I'm not. What I'm saying to you, right, my target or my goal is to ensure that regardless of whatever you know happens in my life I'm able to still be happy on a day-to-day basis smiling I'm still able to you know get up and you know still do every single thing that I could have ever wanted to do before you're following me and even if I lose a million dollars today i'm still able to smile most people who probably lose a million dollars today not going to be able to smile you get me
Starting point is 03:17:30 i lose i lose 10 grand in the market the other day who are you comparing yourself to what is most people i don't compare myself to people what you just did i don't many times i'm just saying most people this is this is something that i've seen in the world saying most people this is something that I've seen in the world where most people you know they limit themselves their money rules them meaning if they can't pay their bill in a month time
Starting point is 03:17:54 their life over what does that have to do with taking a goal I think people would demonstrate if money rules them if they measure everything in terms of money and that is what Dana is doing measuring everything I think I asked one question and you decided everything else around it
Starting point is 03:18:13 gentlemen stop help me out sorry be honest with me for a second are you trolling I'm not are you trolling I'm not so good you have to be doing this deliberately i'm not but then i then i upset me why then i upset me because then i is telling me who consistently because i remember years ago when i tweeted hey i saw me making 10 million a month right and people are laughing and then i started doing it like it's nothing no yeah but i'm saying that's what i'm saying i i have defended you people can't get some more i must say okay i said about the money you don't know in life bro i mean the money was short so i'm not sure how you're conflating that me never said boy you're 10 mil boss no i'm not saying bro listen to me not think you're
Starting point is 03:19:00 misunderstanding right now you know you listen to me for a second. A couple of years ago, you were thinking, you never had the money, but you put it out there. You know, you want to actualize the thing. So you say, yo, there's going to come a time when I'm making 10 million a month. You got to the point as a Jamaican. We're making more. More than 10 million a month. So you had a goal. No, but look at this now.
Starting point is 03:19:24 No, are you still thinking about people no you're not all right all right guys let's calm down right let's let's be let's be mature let's go all right cool i understand your guys points right but just listen to me for a second right there comes a point where they make all this money in the world right and then they realize hey you can't buy anything you can go out and do all of these things right these things right but it's just money because like there's money like you make it you spend it and make it whatever right but and this is the thing why a lot of people don't truly you know live a full life or people get old and they're miserable right because they'll spend all their life making all that money but they're not experiencing it, they're not doing
Starting point is 03:20:09 anything, they're not good people around them, totally experienced with them, they're not providing opportunities for people around them. My ultimate goal is, because for example, if it was money, right? If it was money, because even throughout the pandemic, I've staffed multiple different companies that, you know, some businesses weren't making money and i was paying them out of pocket
Starting point is 03:20:29 you get me i could have been like let me lay on off let me just lay on off and then just pocket whatever money right but i understand the longer term vision of everything you get me and i understand that these are good people it's great having my corner right so let me see what solution i can actually find so that we can remain a family and grow and then once we're growing money more and more money will come you know because things will get better you get me but if i was just looking at why do you keep saying that you're not measuring money but every time you speak about your growth you speak about more money yeah but look at this no look at this no but because i'm not i'm not i want to be in a position where i'm able to and look at this because if i i want to be in a position let me just say this
Starting point is 03:21:15 first i want to be in a position where i'm i'm able to because without money i cannot afford certain things or certain logics of life right yeah and i understand that but if i put a limit on it and be like hey um i want to make 300 us dollars um a month you get me i want to make 300 us that 300 us i have friends that are watching strangeanger Things for them. You get me? So I put my goals based on just being able to always keep on living, always keep on improving whatever I'm doing and building out different things so that I always have positive cash flow. So my goal is just cash flow, and it's not a specific cash flow. It's more of an always scaling.
Starting point is 03:22:04 So I'm scaling scaling i'm not looking at capital preservation i'm not looking at oh i want to make this exact figure i'm always looking at consistently scaling consistently growing consistently establishing certain things and consistently finding solutions to certain problems that might come up even before them come up you get me so so my goal is to always find solutions but once the solutions are found money will come yeah but i'm not putting an exact figure to the money because i understand and this is something that i understand over time you know after making so much money that the less i focus on just the money part and the more i focus on improving my skill in a specific or my understanding of a specific thing is the more I will make.
Starting point is 03:22:49 For example, in my trading, the moment I stopped looking at the monetary value of certain things, I realized that my trading became way better and I started making way more money. Again, because I focus on just bettering my craft. Huh? How did you know? What's that? How did you know? What's that? How did you know? How did I know what? You said you stopped focusing on the money.
Starting point is 03:23:10 That's when you started making more money. No, how did I know when I stopped... How did you know you started making more money? No, because I saw it coming in. But it's not saying I would add that specific goal. When I made 200K in a day the first time. Bro, I didn't even know i was going to make that 200k i just i saw it on my phone i was like what the hell
Starting point is 03:23:30 you get me this is like this is the word that i've been putting on putting in for months and for years but i remember going from 50 to 100 i remember when i used to struggle to make consistent 100 days i know you're making more than 10 million a month and you're still thinking about people my guy i'm proud of you did i say anything about people just now more than saying it's about people hear me out i'm happy that i'm happy that you've made it i'm happy i thought it was about people i'm happy that you've made it i'm happy that you've made it i want you to actually make it in real life now so come to grow every mickle that the disrespect of you saying that i'm not making it in real life now, so come to grow. Every Michael, that's what I say. The disrespect of you saying that I'm not making it in real life,
Starting point is 03:24:08 but that is okay. I don't know that you're making it in real life. I just want you to understand the stock market because you're not here. It's not a market. Yeah, and I did not say not. I did not say that. I did not say that.
Starting point is 03:24:18 Hey, man. I'm not saying no. I'll pay for your class 10 times. Okay, but you only need to do it once. Thank you, but only once. Yeah, but I understand what you're saying okay but you only need to do it once thank you bonnie yeah but i understand what you're saying but what you're saying i just want no i'm saying that it is confusing to me and people and after a certain point it doesn't make sense so what i'm saying to you here is i get that you view it in a different way i get that you've made a lot of money on the market in the forex
Starting point is 03:24:41 market you have businesses and you're more about holy for other things and i'm not against any of that congrats but after a certain point it's not really making sense so big up i'm happy that you joined i'm happy that you're in the stock market now i tell everybody who comes on and they seem confused i tell them the same thing every mickle that comes like grwr grow because i can't hear but you don't want to grow we do brick talk do Brick Talk every week. And I want you to listen. I want you to learn. And I want you to make money on the market. I want everybody to make money. I don't want to make money legally. I don't want to make money happily.
Starting point is 03:25:11 I don't want to make money repeatedly. And I just want more people to get to where you are, where they can say they're making 10 million a month. Even I'm making 10 million a month. So, if you mean big up and best of luck. I'm 10 million a month. So, it's been big up. Big up.
Starting point is 03:25:26 And best of luck. And Billy, best of luck. Sorry for how I move. I know I'm kind of overreacting. I don't care how you move. It's no disrespect to you guys either. And I understand that everybody has different views
Starting point is 03:25:42 on certain things. And that's okay. It's good that you're on. And I'm happy that you're looking at the stock market now but the stock market is a real place and enough people afraid of the thing and i don't want people to get the impression that it's a joke thing all right so for many people the 65 percent that you like and have made and you don't think it's enough here many people loved them could make 65 and i know that you know and i do let me let me say this first right i do apologize for me it's 55 look like no man you know no no no this is not the show to apologize for profit we're not here for that we we we congratulate profit congratulations i want you to make a whole lot more i want to get to the view that you say you'd sell it. For the rest of the night,
Starting point is 03:26:25 I just want to hear from you. No, I would not sell it that amount, by the way. I did not say that. Nick, come to grow and next month you can tell us how you like it and if it made sense, all right? You know I'm going to do it just to say, you know? Don't just do it to say you'll do it.
Starting point is 03:26:38 No, not for doing it. No, I'm not saying I'm doing it just to say I'm doing it, you know, because as I said, I'm going to do it. You get me? Because I'm a reader. I read a lot. I have a lot of stuff that I've bought. Anybody I see that is offering a certain type of value, I tell them to listen to them first and then I see what they're saying.
Starting point is 03:27:00 And then I try to understand your view as well. It's not just my view. I understand that it's not just my view alone works. That's a good approach. I respect that. But what I do know is because I'm kind of tired, I'm trying to wrap it up. Man has done, man has done.
Starting point is 03:27:13 Thank you for coming on. Do grow and we can talk about how you liked it or didn't like it after you've done it. I want everybody to do that, right? If you want to pay for nine other people and you, go ahead and do it. I'm not going to say no to the money because I'm not at the level.
Starting point is 03:27:28 I still need the money. My life is for everyone. So, big up. And we'll talk to you after, girl. And I'm going to jump over to Master Tom and V Parkdubs at the same time just because we're wrapping it up.
Starting point is 03:27:42 I don't want to hear from both of you. Master Tom, you've been waiting a while. What's up? Uncleny big up big up don't know if you go cool sometime in a bro i know i know trust me like as i as you start but it just happens but they want to step in from them time they could just kind of be like a bridge between what the two are going to say. Randy kind of have the attempt to kind of temper those, I want to say ego for better terms, but my view on the conversation a while ago, to be honest,
Starting point is 03:28:23 my view on the conversation a while ago, to be honest, it would have come in like, say, P. Billy would have been you ever watch a movie named Drumline? Yep. No, I don't know it, but yeah.
Starting point is 03:28:38 Yeah. As much as it's separate, it's like a separate market, he technically does have whatever results. And it's a thing that I would have checked in from multiple levels to say, okay, as much as there's a whole heap of fluff and ray, when you peel back behind what he's showing there's substance there no why for x yeah like him in forex marketing he definitely does start with a little end up with a lot more and consistently
Starting point is 03:29:18 over years and i see how it happens and but this is the most I believe that because I know you. No, man, that's why I know you in the game. So, yeah. That's why I didn't want to come on for just making an inside track pan, like not even just him, but like people around him to say, all right, there is some proof of
Starting point is 03:29:40 rain. Hold on, hold on, hold on. Let me finish, man. Let me finish. Let me finish. However, and I'm going to speak on this because what I would say is he doesn't necessarily probably have the structure from, I hear him mentioning equities. I don't know how much he's in the equities game. But I don't think he has the structure to really define moves that he's making in the equities markets as probably he would maybe in the forex markets.
Starting point is 03:30:22 So he would start off with some things that where kind of, all right, I understand. And then him would make another comment where he's like, as you say, like, okay, there is definitely a fundamental misunderstanding based on the comment that he's making. But what I don't like is you can't completely... There's a level of disdain that was going on between the two sides, but you can't really take it from him because on his side,
Starting point is 03:30:59 he is very successful at the aspect that he is currently in and teaching and all of that stuff very successful on that side so i as much as we know that there are structures and there are definitions and words means things and more than likely i know why you're pushing the girl because i know that if he had that structure based on if he even want to call what he does talent, to say, all right, maybe, maybe he's just a talented person. You want to hear something funny? Talk.
Starting point is 03:31:31 Privately, I'll talk some of the private conversation. Privately, I think part of why Dana is right to be annoyed because you know how many times people talking about Pee Billy the wrong way. And either me or Dana, I say, well, hold on. I say, Ray. Yeah. But I would imagine that because you guys understand. Yes.
Starting point is 03:31:49 And also, you have to remember, in the space where we do things, we are not really heavily respected. OK. So we had to face a lot of the typical industry looking down on us and saying, these guys don't know. It took years before I realized that most of the people looking down on us had no idea what they were doing so i when i see somebody that's like him i am always leaving i'm always leaving some room somebody dm me i say yo that's not what they say they use more colorful language but they say you always uh uh uh uh defend on a top or re re re and look at it no the same person
Starting point is 03:32:31 where you have stuck up stick up for it i get it because when when he talks i can tell you privately than i always can listen i always wonder yo he might actually be doing something good he said a lot of things that i know that yeah that's there's something there my defense point often is he's not using the language that you want him to use to sound like so like the expert but it sounds a lot like profit yeah we don't need the fancy language people make that misunderstanding all the time we don't need that nor do we look for it what i was what i was grilling him on is not that he's Not doing what he's doing Again, I'm the person defending Him that I really think he is You say it more than once
Starting point is 03:33:10 But the specific part Of what I think he's saying that Boy, that's not showing a clear Understanding of your, just the principle Of your doing certain things What he was saying was contradicting what he was saying That's all that he was saying to contradicting what he was saying also that's how he was right right it doesn't make sense when i always have to get it right and i get it
Starting point is 03:33:30 i mean people joke all the time but it's always i think it's always very funny where i'm surprising for people if they actually have a conversation about it why is it because they say that yo or it is real and some people are really good at it so if you take it serious some people are really really good at it but in the same way the people are good at it if i went into the forex space and i started to say some things that simply just never make sense oh i need three pips to test a stock plot it don't make sense even though you're saying forex terms this person would immediately know that this person have no idea what i'm talking about but if somebody doesn't know anything about forex
Starting point is 03:34:08 you say yeah man that's yeah we're talking about just raw investing placing value expecting greater value if the man is saying things that doesn't match back to value becoming greater value, then it's not going to match back to investing and so it's not going to be sensible and I understand the struggle that I have. The same struggle I have. I struggle to pretend like I don't hear it.
Starting point is 03:34:36 Yo, there is one earning season from literally two years ago where I did not call somebody on some rubbish because I was being nice and to this day I regret it. Bro. To this day I regret it because I was just being nice and I said something that I generally
Starting point is 03:34:52 don't agree with. It's something I usually say. And to this day I regret it. So I don't want to do that again. But listen, we don't all have to agree with each other the idea behind the idea behind this this space and lots of spaces is that all views can content or come across respectfully i like that that he was willing to listen at least some of the time i it hurt me not listen to the sense i think he thinks i want him to do the course because i want the 85 us do i want 85 years tell you my life will
Starting point is 03:35:22 cause remote but do i need him to do it for that no i am literally thinking the same thing like you master i'm literally thinking if this guy does grow and actually gets it i am actually like i'm looking forward to see what comes out of that because i have seen other people who i've seen people come in thinking completely, say, yo, this grow things are scam. You see them people, you see them get it, brother? You see when they get it? You see when it's quick to them? The things they do on the market.
Starting point is 03:35:56 And I'm saying that from a position of having seen it, and I still see it all the time, and there are more people who get there every day. So if people is actually deadly at Forex, can you imagine when he understands the structure that grower brings? Can you imagine if he actually brings that to Forex? There's one guy in our group, or grower group, who started out in Forex. And actually, after getting burned for a while, he did Forex for many years, I gather.
Starting point is 03:36:25 out in forex and actually after getting burned for a while he did for so many years i gather after going for a while and um in the grow and do the stock market and in dm everyone i say you know actually applying the things and learn from grow in the forex market and it's working for him he shows up play he made right after play to go into another play so i'm coming out of the stock market with the money going to the forex and then says I'm going to pay for this next play I'm going to make. Make the money and come back to the stock market with it. Now can you imagine if somebody of
Starting point is 03:36:54 P. Binning's supposed forest learns from that? That's all I want, you know? Like I'm at the point where I have people would put us down people have put me down and say it's crap I see them secretly listen and pay attention
Starting point is 03:37:12 and I see them investing get better and say back what we have said yeah I say back the same thing they need to put me down they start saying no and am I bothered by that yeah the Jamaican is bothered but am i also happy that this person knows a little bit more about the market and learning oh yeah everybody learning
Starting point is 03:37:30 everybody because that's all i know but i don't know i i'm happy that then i was the one that was um out of it tonight so that i could manage myself and eat more and big up people big up everybody who came on master if you have anything else you want to say then i you can think you know you're saying when i'm done i'll sign up and go to my bed and get yeah i'm jumping out pretty soon no man that's that's all i was saying still like i just feel like That's all I was saying. I just feel like him probably don't...
Starting point is 03:38:07 Maybe it's just that same kind of chip on the shoulder things that you guys might have had in the beginning with quote-unquote or more seasoned investors before. I think that maybe that might be why him going...
Starting point is 03:38:24 Because him saying that there's no link back to the money and then he's bringing back the money to kind of show his measurement every time and i'm like he's like yeah we can't escape the money that's right that's the game all game is money yeah i agree but i feel like if him if he's even not even to just take it to the forex market but i as a man with like like deal with certain structure and thing i know that once him have like that's why i i use back the um the movie drum line because the youth him could have drum like him no him can make the thing sound good but he didn't understand like underlying concept to say yo okay every time i do xyz xyz this is how i approach every single time that type of vibe yeah yeah i get it he was a natural
Starting point is 03:39:14 drummer and play by ear he couldn't in a really learn to read it but it was funny there's a lot of that in the forex space and i think that's a big part of why a lot of structure doesn't get there. Or this guy following this guy and him know him. As far as he's concerned, this is how it works. This is, like when you hear him read a thing, he look on a chart and he tell you the name of that formation. And he decides that it will always go so. But the guy who really know it, he knows it will go so
Starting point is 03:39:44 until he stops going and says, we'll find another pattern X, Y, Z. If I lost that in the forex space, me know because I heard from a guy whatever, whatever. The guys that are actually good, even if they haven't defined the structure that they put out,
Starting point is 03:39:59 there's something in their head behind it. If they were to make this as efficient as possible, right, it'll make it deadly. Hope him do it still. I hope so. Yeah, man, big up every time, but to me, if
Starting point is 03:40:17 I mean, every now and then, me and Randy say, you know, we don't want to do 4X things still, right? Yeah. If the approach is there if certain things are down and the person is very profitable
Starting point is 03:40:31 I'm very I'm very willing to learn from that person yeah so we're not we're not stock guys we are stock guys
Starting point is 03:40:38 we really like stocks we really like equity but if we're looking for money and it goes somewhere else it's not like we're owning here just for
Starting point is 03:40:44 just for Jono it's only stocks can make money. If we know what we actually do with our money, we'd never say that. Yeah. But people... No, go ahead and answer. I am out. I am tired.
Starting point is 03:40:57 And I don't think anybody else is upset that we're finishing not before 2 o'clock. So, big up. Not after 2 o'clock. Big up, everybody. Good night. Enjoy your weekend. And link me for a session. If you really want to know what's going on in the market, I'm not a teacher.
Starting point is 03:41:16 Go to Grow for that. I'll be getting out of that, by the way, Randy. People that... So, how the lesson going go? People think, you know. I've been hold a lesson going people think you know so i've been sending a lot of people back to grow and so if you want to learn how to do it go to randy if you want a path where we work out your goal look at your goal find what we can do best on the market to reach that goal then make me the hard price you that come have a session there and
Starting point is 03:41:42 then meet me, dhalladvisor.com have a session there and let's get this money yeah man, big up Khalil Alain yeah, yeah if you want to learn it grow, every middle outcome, slash grow if you want somebody to tell you what to do
Starting point is 03:41:57 dhalladvisor.com and yeah, the money is there people, the money is there to be made and even if you, the money is not the people. The money is there to be made. And even if the money is not the point, but the money are the points. That is what you can do when you get the money. You want financial freedom? Then you have to have the financial part.
Starting point is 03:42:14 That's how I money. That's how it works, right? You want to worry about nothing in life? Then you have to get the money for doing worry about nothing in life. That's a simple truth. Big up Hope you guys enjoyed
Starting point is 03:42:26 And we will hear from you next week Big up on myself Little baby Boy I'm asleep and awake You missed the exciting part in the middle But where you missed the real part Yeah I didn't realise about having a drop of sleep. I mean, me hear a part there, so when it really starts getting exciting,
Starting point is 03:42:51 I then part the windows off. Well, the replays here for everybody. Enjoy, and see you guys next week. You want to be the best of one. Be up on stage safety, and respect every time.

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