Earnings Season - BrickTalk - Practical Profit
Episode Date: October 13, 2022On 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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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.
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
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.
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
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.
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,
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.
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.
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?
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
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.
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
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.
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
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
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
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
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.
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,
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
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
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
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,
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,
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
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.
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.
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
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.
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
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.
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?
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
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.
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,
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
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...
Just tell me the play, man.
Yeah, man.
Yeah, man.
Tell me the play.
Alright.
Basically,
the plan was
basically try
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
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,
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
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.
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.
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,
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.
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
With fees
And things
With fees
Yeah
So that's funny
How you end up
Besides it
You go buy and get 10%
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%
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
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
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
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?
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
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
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.
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
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?
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.
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,
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,
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,
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.
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.
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
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
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
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.
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.
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
alright
alright
so
and
I never
put a
order for
228
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...
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.
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?
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.
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.
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.
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
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
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?
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,
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.
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
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.
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...
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.
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
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
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.
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
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
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
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.
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.
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.
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.
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
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
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.
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
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.
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.
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.
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
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.
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
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
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?
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
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,
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.
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.
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
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
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
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.
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
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
quick and fast
and there's
another lesson
in that
because
the people
who
found a way
to benefit
from that
truly benefited
later on
let's go to
one now
it's over
five again
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,
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
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
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
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.
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
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.
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.
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
what a successful play
looks like.
They don't have an idea
in their mind
of what
a profitable play
actually looks like.
So,
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
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.
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
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
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
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.
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.
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.
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?
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...
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.
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.
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.
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
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
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,
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
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.
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
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
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
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
so the moment
that starts happening
I'm out
you're there
this play mash up
you jump out
and dispassionately
like you know
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%
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.
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.
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,
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
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
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.
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.
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
bad plays
ugly plays
you want
yeah you want
feedback on it
we're here
giving feedback
we can tell you
how we think
a play that
might not have
happened yet
a play that you're
looking at in the
future
an opportunity for
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
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.
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?
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
Kye moun
Kye moun
Yeah
Ok sir
Mwen si a argue
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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.
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
it's really
buried
I mean
what I'm up
with
and
have an idea
exactly what
the strategy
is
but
eventually
I gave in
a little bit
too early
and leave a
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
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.
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.
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.
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?
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.
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
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
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?
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,
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
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.
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...
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.
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
drink
like you
leave a
reward
you leave a
reward for
yourself
you kind of
have to
right
I think I
don't do it
enough
I've done it
I've done it
but
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
and it's something
that
over the years
so
even
even before
with savings
I found that
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.
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.
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
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
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.
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.
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
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.
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.
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
yeah
yeah man
yeah
you're better than me
because I
I literally
could never do it
without the goal
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
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
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
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.
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
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
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.
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
it?
Even though
I mean it's
why I tend
to put myself
under some
amount.
Sometimes it
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
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
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.
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.
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
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
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
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
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
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
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.
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
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.
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.
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,
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.
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.
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
I actually invested
but
it is some
rick talk
on a brother saying
buy Cygnus
because
yo
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
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.
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,
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,
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.
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
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
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.
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
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
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.
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
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
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.
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.
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
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.
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
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?
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,
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,
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...
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.
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
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
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.
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
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
you know
they must find a company
to buy
just because
it would affect
the share price
really well
what
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
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
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
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.
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.
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.
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
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
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
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,
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.
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
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
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.
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?
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?
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.
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
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
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.
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.
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.
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
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.
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.
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?
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
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
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,
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
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
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
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
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
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
you put yourself
out there
then
somebody will see you
and there's
and there's
no two ways
yep
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
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...
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
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
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
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.
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
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
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
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?
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.
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
what actually matters.
No, no, no.
And then,
it's like,
you,
for me personally,
I have to balance
being annoyed
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
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
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
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
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
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
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
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
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,
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
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?
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.
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
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
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
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.
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,
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
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,
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,
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?
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.
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
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.
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
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.
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
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,
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,
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.
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
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.
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?
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
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?
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,
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?
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.
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,
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
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.
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
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
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
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.
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
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
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
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
those same people
start selling off
so
every time
it shows some
signs of life
there's a set of people
in there
waiting
for some time
everybody that was above it
and they keep seeing loss
exactly
at some point
they sell
and when they sell
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
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%.
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.
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.
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
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
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.
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.
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?
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
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.
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
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
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?
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
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
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.
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,
whatever,
blah,
blah,
blah.
And okay,
if there's no lien on the house,
you're not mandated to get insurance,
for example.
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
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.
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.
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,
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.
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
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.
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
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
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
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.
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
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
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...
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
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.
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,
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.
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
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
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
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.
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.
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
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.
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.
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.
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.
Short.
Pardon?
Short.
What do you mean?
If things are going
but it's short
yeah people selling
people sell off
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
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
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?
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
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...
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.
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.
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.
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.
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
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.
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.
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
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
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?
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.
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
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
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
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.
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
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?
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.
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.
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?
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
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,
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,
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.
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
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
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
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?
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
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
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?
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
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
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
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.
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.
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?
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.
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?
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
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
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?
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%
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.
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.
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
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%?
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.
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
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
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.
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
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.
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
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.
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
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
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
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
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.
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.
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
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
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.
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
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
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.
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
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.
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
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
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
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
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.
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
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.
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
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
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
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
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.
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
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
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
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.
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.
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.
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
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,
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.
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
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.
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.
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
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,
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.
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.
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.
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.
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.
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,
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.
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
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
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.
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,
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.
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.
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
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
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
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
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.
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
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
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.
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.
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
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
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
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...
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...
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
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
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,
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
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
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
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
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.
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.
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
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
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.
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
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,
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.