Stock Market Crash; What To Do? Meta Teams Up With Google, Bitcoin Halving, & Top Stock Trading Tip

    yes Siri yes back at it happy Monday no
    days off Monday Caris ber yep is the day
    the time has come Mark it Mondays is
    here ladies and gentlemen Ian Dunlap In
    the Flesh yes Rashad bow in the flesh
    Troy Mill in
    the it might be AI you never know
    perhaps hey you never know perhaps
    whoever made that Kendrick this and AI
    can you make the show that was so whack
    CU it was it was a hard verse I’m just
    like that’s so whack deep fake the Deep
    fake was a hell of a deep fake I’m not
    mad at it and then made a video how you
    made the Deep fake just let it live
    Cloud babies yo it’s ridiculous Cloud
    babies for sure so ruin the game all
    right ladies and gentlemen welcome back
    um Mark and Mondays we got a jam-pack
    week for ER Leia um Stephen A Smith yeah
    the
    legend goat sh is buying a house a bad
    investment shout out to him shout out to
    Stephen if you haven’t checked out our
    episode on his show make sure y’all go
    to YouTube and check it out on Stephen A
    Smith YouTube channel go run that
    episode up uh and we did a home at home
    yeah yeah so we so he’s on he’s on earn
    your Lea this tomorrow at one o’clock
    Eastern Standard Time Yeah super dope
    conversation he talked about the
    business of media how he’s re reframing
    how he’s looking at his you know he’s up
    for his contract renegotiation we got
    some things man he um we we we watch
    does he own his IP we gotta ask that
    question hold on we talked about it we
    talked about
    that we talked about um Kyrie Irving
    that that came up as well we talked
    about Kyrie Irvin and the situation we
    talked about um we talked about IP we
    talked about uh the creation of of
    assets around your celebrity
    his influence on the generation that is
    watching sports and entertainment man
    you talk about one of the the foref
    followers of it at this point he’s been
    doing this over almost 20 years uh and
    doing at a high level so when his time
    comes around for that contract
    negotiation it should look special y we
    are watching that’s a fact we are
    watching very closely and and it’s one
    of these things we also talked about
    Bron that boy Braun Brun have to we had
    no choice but to talk about Braun um
    through a SPI good father great investor
    all that all those things are true no
    but U absolutely legendary episode
    tomorrow check it out one o’clock
    Eastern stand time earn your
    leisure um and uh blackout yes blackout
    y on Wednesday shout out to Mandy B last
    episode um but um just this this time
    around we got Freeway Ricky Ross
    legendary um so that’s gonna be an
    interesting one talking about you know
    Iran Contra Scandal and variety of
    different things so not to be confused
    not to be confused freeway the boss yeah
    shout out to Ros shout out to Ros and
    this Saturday we will be in North
    Carolina Charlotte specific beautiful
    city for um earn your masters with uh
    our good friends at United Masters we’re
    doing a pitch competition Steve Stout
    will be joining us yes we’re gonna be
    having music we’re gonna be having
    education it’s gonna be a whole vibe so
    Charlotte this is your last opportunity
    you could RSVP on our website go to
    ear.com RSP it’s free free event just
    RSP peek it there early and um we’ll see
    you see you guys this this pull up pull
    up pull up pull up and I’m not taking
    poola to get you in a pitch competition
    but if you s like
    150 may get you on stage 200 there’s an
    option get you on the last minute with
    Steve Stout I really like this idea it
    remind me what I got with nas not send
    that w at 150 I’ll make something happen
    for you shout out to NAS I’m in
    preo shout out to n that’s Nostalgia y
    yeah we gotta send a happy birthday
    shout out to our our brother Terence J
    happy birthday happy Terence J man we
    was just with him over the weekend yeah
    good God 82 baby sick together Ian he’s
    a 82 baby oh that’s my dog yo we got to
    stick together man uh sh out to sh was
    her birthday this weekend shout out to
    everybody that’s celebrating their
    birthday and celebrating life man we got
    to celebrate every chance we get so sh
    shout out to everybody this is what is
    this
    Aries I think AR season arant Aries
    shout out to y’all yeah Tor season is
    approaching T season is approaching very
    fast so shout out to everybody uh you
    know how this works man do your own
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    research if you don’t want to have to
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    if you want to get rich please don’t
    miss out some of these load Tob prices
    are approaching very soon I told y’all
    three months ago hey Tesla Downs slide
    and here we are yeah 52 week low last
    week yeah uh all right
    so okay let’s get into this um let’s
    start off with the company that we
    always talk about all the time um Apple
    my baby so Samsung yep overtakes apple
    right as the world’s top smartphone
    provider and uh Chinese
    Rivals you got two you got two companies
    Huawei and show me show me okay got you
    show me but it’s has a x it’s spell with
    X yeah X I A Omi so those two companies
    are the third and fourth largest smart
    smartphone providers in the world
    respectfully and um they’re taking
    market share yeah absolutely so you know
    Apple’s been on the downward trajectory
    for about a year now yeah and um you
    know it’s been a lot of bad news and
    this was the most recent conversation as
    far as smart U Samsung taking over them
    as a number one yeah provider in a
    smartphone world so y what’s what’s the
    thoughts on this news I wanted to do
    like I did a couple years ago when I had
    that breakup coming in and not talk
    about it but I kind of gotta address
    this can’t act like everything’s fine
    this time around you know um so with
    that being said um couple things they um
    I get really worried when when someone
    is in is in the leadership spot of being
    number one and then they get
    complacent Apple please reach out to us
    um ASAP I got a few ideas I know some of
    youall be like whatever idea you have
    Android has got a couple tricks up my
    sleeve number two they need to find a
    smaller player to acquire I keep saying
    it I think they should have acquired DJI
    a couple years ago um but if they do not
    get a strangle hold on this over the
    next couple of years as the market is
    Shifting we’ll talk about Red Lobster
    later
    I follow for bankruptcy shout to those
    biscuits though um I get worried when we
    have a cyclical change and a product
    leader falls out of favor because if
    Samsung I mean they got the 6.4 billion
    from Biden that helps a hell of a lot
    that kind of broke my heart they need
    some uh Innovations over the next year I
    if I were Apple I would shut almost
    every other project down and figure out
    ways to um make that phone better cuz
    they’ve really been reselling this phone
    for n years now yeah iOS has been great
    but the features on it are not better
    and I think it’s time that uh as
    investors we have an open outcry to the
    investor relations team and say hey you
    guys got to fix this [ __ ] or you’re
    going to end up losing your market share
    you may not ever be able to get it back
    for those of you who are saying hey you
    worry too much you fear Monger too much
    at one point City group was the biggest
    thing on Wall Street and it fell apart
    in 20 07 we’re seeing some Black Swan
    like events start to line up please
    write this down the macro pitcher
    matters more so if we get two more major
    Black Swan events and the market drops
    like AMD is pulling back dramatically as
    well they’re kind of pricing in
    something is about to happen I don’t
    know if Apple can sustain this lead in a
    in a smartphone race if we go through a
    crash for two years or they don’t raise
    rates until 25 and then we have a new um
    Le in the White House like it say very
    scary time but this is what happens when
    you don’t innovate um I know sometimes
    you guys look at the Showmanship of what
    we do of putting on a good show and the
    roll out of invest Fest but you have to
    innovate every year or you’re G to get
    killed got competition lining up
    everywhere and this is what happens when
    you don’t innovate at a fast enough clip
    and don’t listen to your customer
    base yes all those things are true um
    there’s another piece that we have to
    take into account it’s the GE
    geopolitical side of it y when you’re
    talking about which company are in third
    and fourth um they’re Chinese companies
    and there’s a reason why they’re third
    and fourth because more people are
    starting to look at nationalism as a
    piece of their purchasing absolutely so
    rather than buying the American phone
    they are now choosing to buy a phone
    that has similar qualities that is from
    a Chinese company in their home country
    from their home country you added to the
    fact that the Chinese companies and
    agencies are now limiting employees to
    use Apple devices that hurts them as
    well yeah right but this is using move
    on us this is right so now it’s okay
    well you want to ban our apps well
    here’s what we’re going to start doing
    to our employees and some of our our our
    Citizens We’re going to start
    restricting how many people can have
    your product that hurts Apple’s iPhone
    sales dropped 10% in 2024 the first
    quarter think about that 10% which is
    you need China you need them you need
    them so Samsung obviously has 20 number
    one now they have 20% of the smart phone
    market Apple’s in second place at 17%
    but those two companies that we
    mentioned before uh show me and Huawei
    are right there right there and then
    moving at a fast pace one of the reasons
    that Samsung was able to go ahead is
    because the release of the s24 and the
    functioning inside the s24 is probably
    what pushed it over the top yeah they
    have made a concerted effort to make
    sure that AI is a component in the sales
    of that phone yeah apple to this date
    and it’s still early we all waiting for
    June has still not said what they’re
    going to be doing in the AI space we’ve
    seen it from all the the majors we saw
    it from Microsoft obviously we know what
    Nvidia is doing uh we’ve seen it from
    Google we’ve seen it from meta what
    they’re talking
    about AI what is the role that Apple’s
    going to play in it what’s the
    Innovation that they’re going to have in
    it and is it going to be inside of the
    next Innovation or rendition of the
    iPhone we don’t know that yet so I hope
    so you add that into all of the the
    factors that you spoke about and you can
    see why there’s a pullback and we talked
    about this
    it’s the same phone over and over Yep
    this is not Innovative anymore June I
    think is you said a couple years I don’t
    know how many more quarters they can
    have like this right if we start to see
    10% 10 this this could get ug they’re
    gonna have to discount them phones and
    that’s a but that so that when they
    discounted the phones in China it didn’t
    work yeah right because now you made
    them the same price as some the
    companies that are from China right and
    so if they have to choose they’re going
    to choose right that National
    economy they’re going to choose the
    phone that that that’s made from the
    people that that look like them so you
    got to take that into account as well so
    it it a couple more of these quarters
    that look like this we’re gonna have a
    different conversation yeah and
    important it’s too important it’s too
    vital to our economy to have this type
    of depreciation so we got we got to
    really keep eye on this back to what I
    said on Blackout appreciate the
    Partnerships that you have let’s say if
    I have a yacht party and I say TR rot
    can’t come guess what invest Fest
    probably won’t be there right so as soon
    as they start blocking China and they
    and guess what China said oh you you
    want to block oh okay cool guess what
    we’re gonna block your products here too
    you two Tesla both y’all get the hell
    out and figure it out on your own yeah
    it it’s happening and and you can see it
    now the the the new thing like we’re
    watching this happen with Tik Tok right
    what’s gonna happen with Tik Tok now the
    the 90 days is potentially being
    extended to eight months right
    so I mean this this is this is a cat
    fight that I mean
    you there’s no money War unless you
    selling arms man yeah you gotta get this
    is
    dangerous we will monitor the situation
    Apple still my baby shout to my other
    shot to my baby you know what I mean but
    yeah I mean get y’ stuff together please
    we have to we we we we can’t emphasize
    50% of the revenue comes from the sales
    of the
    iPhone in the first quarter the iPhone
    sales are down 10% when that Earnest
    report comes in what is that going to
    look like hopefully
    better and and for everyone who’s like
    you’re an alarm is you or conspiracy
    theorist maybe but at one point in time
    before iPhone took off Blackberry was in
    the same position they got too
    comfortable and rested on their Laurels
    and then here
    comes a bit if WWE figures out how to
    figure uh how to subsidize a phone and
    make it free and then have a
    subscription on the back end and get it
    here it’s it’s over with
    it’s over with same thing that they did
    to singular and they shook up the whole
    Telecom game if one of those other
    phones figures out how to make the phone
    free to the providers but then maybe you
    pay a little subscription fee it’s a
    game set match and Huawei was the
    original uh company that got blocked
    they were the first ones to have 5G yeah
    and uh it was a nogo from from the
    United States said you’re not allowed to
    sell that here so yeah I mean it’s
    interesting we’ll see I mean the Vision
    Pro this will be the first quarter that
    we’ll see the sales from the vision Pro
    or not even the sales the revenue from
    it they don’t talk about how many units
    get sold but we’ll see the revenue maybe
    that picks up from some of that 10% loss
    I don’t know how much it cracks
    but Tim cooking that boy meditating
    every day with the iPhone sales dropping
    come on he’s in the meditation app right
    now yep that’s a fact hit the like
    button and shareot to mention e
    University is running rampid these days
    shout out to all the earners in there
    the monthly subscription has been
    extended so Troy does his option calls
    his choice option master class I should
    say um once a month so uh be ready for
    next month and I think we have Sonia who
    just taught a class last week yeah shout
    out to son oh that’s fire e
    university.com
    let’s talk about Google
    Google Google announces a new round of
    layoffs So Google I was actually
    watching CNBC last week and they was
    saying how Google’s in trouble and how
    um you know AI essentially is a search
    engine whether whatever AI platform
    you’re using even me like I use chat gbt
    for search engine purposes more than
    Google at this point time like if I want
    to say like okay
    well you know when was the first
    elephant bed by man right I’ll go to
    chat gbt which essentially I’m using it
    for the same capacity that you would use
    a Google search engine for but I’m just
    so accustomed to using chat gbt that
    I’ll use chat gbt more than I’ll use
    Google um so she was just saying that
    she thought that Google was uh losing
    the AI race and that you know they’re
    losing their dominance as far as their
    search engine as more competition and
    variety of other factors yeah so now
    they’re laying off people yeah that’s
    never good um they but they did
    something very intelligent and I was
    gonna say they
    also uh they got caught in in uh Israel
    Gaza
    situation they laid off I think 21
    people for that 28 yeah 2 28 people that
    chose to protest their deal with Israel
    so they they’ve been having some issues
    so what were you say so their roll outs
    haven’t been great um
    from and we spoke about it from B to
    even now with Gemini has hasn’t been
    great but in this space for AI and the
    race for AI they’ve made a strategic
    partnership and probably went under like
    people probably didn’t pay attention to
    it but meta has now partnered with them
    to be included in their searches and so
    now meta when you’re talking about how
    many users under that platform 3.4
    billion yeah right unid of the meta
    platforms now the Google search engine
    will be part part of their their
    platform and so that’s a very strategic
    partnership so you I mean you can
    innovate they they’ve boted it on their
    own and so making a strategic
    partnership like that is important but
    yeah the the layoffs this has been
    continuous we’ve seen this since 2023
    we’ve seen it multiple of of tech
    companies and it’s really simple they
    they can they put out a statement and I
    could read the statement but the gist of
    it is this look we’ve got to cut cost
    because we have to win this race in Ai
    and that’s where our money our Capital
    expenditures have to go that’s the focus
    of this company going forward anything
    that is not a part of that is going to
    be cut to the Wayside and so they cut
    people from their finance department
    they cut some people from the search
    Department all these people are getting
    laid off because they’re looking at the
    bottom line and saying if we can be more
    efficient with less yeah because we know
    the type of money that we have to
    allocate to this race to even be in it
    then we got to do it and so
    unfortunately people lose jobs because
    of that they’re looking at the the macro
    that we have to win this race we have to
    be one or two in it um and that’s the
    that’s the focus can they win it
    though you have some I don’t think they
    they have the great they have the some
    of the brightest Minds even when we look
    at infrastructure of all these AI
    companies they somehow tie back to
    Google and D they all had deep at some
    point um in their origin they just
    haven’t had the marketing and the
    rollout
    that the these other companies have what
    Microsoft and chat gbt have done I mean
    it’s been incredible every I mean it
    just keeps getting better every time
    they do something the announcement is
    great they updated is great they add
    video it’s great Google just can’t seem
    to get that right yet and it’s been a
    while it’s been a while since they had a
    roll out remember they tried the gaming
    system they tried the glasses these
    Technologies are great and people are
    looking at it like that’s the future
    yeah somebody comes and does it the
    right way and it’s like wait we forgot
    that Google actually started that right
    before there there was the gole glasses
    and then you had meta had the quest and
    then Apple obviously does division Pro
    now you forgot that go was even involved
    in it then they had the gaming system
    that botch they tried to do the search
    the the Chad gbt uh rival with that
    flopped they tried it now they named it
    Gemini we’ll see what happens catch yeah
    it’s just playing catch up they have the
    Innovation the RO just the execution
    hasn’t been
    great Rashad what were you gonna say
    well I was just gonna say from a just
    because I I I I want to um we we covered
    news a lot on Market Mondays but I also
    want to just give like some investment
    advice and this is related to this topic
    where there’s a lot of people that watch
    the show that might have just begun
    investing or they have not invested yet
    and the first two stories that we just
    covered on Apple and Google is an
    example why it is usually more
    beneficial to invest in a ETF or index
    fine as opposed to an individual company
    right because anything can happen and
    even the strongest companies at a
    certain point start to Decay that’s just
    that’s just life right nobody’s gonna be
    like at one point in time Kodak was the
    Premier
    Place you know so it’s like
    every their their Industries change
    right and as Industries
    change Giants and industries start to
    stumble and fall
    yeah as you as an investor the safest
    route that you can take is to invest in
    an index fund or an ETF because yes that
    gives you broad exposure right you’re
    not relying on just one individual
    company but and especially like in in
    the index in the ETF but index funds as
    well they can change allocations over
    the course of time you don’t have to
    worry about it yep exactly it’s it’s
    being done for you so
    and and ETF like QQQ which is the
    technology ETF and they have Microsoft
    Apple Google all and all of these stocks
    as as these companies get weaker then
    the percentage that makes up the ETF
    will change over the course of time
    right as a company like Nvidia that gets
    stronger now you’ll see nvidia’s
    position in
    these funds increase right because now
    they it’s like it’s like a player it’s
    like a it’s like a NBA team right yeah
    as as somebody becomes a better player
    they’re going to get more playing time
    head guard right and then as somebody
    who was once a superstar Klay Thompson
    shout out to Kay but as his his
    production starts to zero points as his
    production starts to decrease you’re
    going to see him get less play in time
    right that just makes sense if you want
    to win a championship but imagine if all
    of your investment dollars were in Klay
    Thompson five years ago you would have
    been you know on top yeah but now not so
    much yeah not so much that’s just
    something that like I said if you’re if
    you’re thinking about
    investing right just take that into
    consideration that whenever you invest
    in individual companies is tremendously
    more riskier yeah and you have to pay a
    lot more attention because things change
    quickly and um you don’t want to you
    know stay with a a loser or a company
    that is underperforming for a long
    period of time because that could hurt
    your portfolio and this this is like
    exactly what we went over in on the
    master class that Ian was part of was
    that exact strategy where Ian talks
    about two Tech 2 index and I said I’m
    gonna make a cousin version of it right
    like this will be the two teex two ETFs
    not a cousin not a cousin a family
    member a brother how about that a
    brother I’m with
    intended you said the cousins is dead SP
    to
    stanto a brother a brother of the
    strategy right because again even when
    and this happens I’m sure e to you all
    the time you can tell people two Tech
    Two indexes and then they’ll ask you
    well which two texts yeah right and so
    to even simplify it let’s just make it
    two indexes and two ETFs and that
    becomes the legs of this table like this
    investment table that I kind of Drew
    this analogy with it’s an investment
    table where those are the legs of it and
    if you want to after you’ve had
    experience investing in index funds and
    ETFs if you want to get singular
    equities then that’s what you put on top
    of the table but make sure they’re
    strong companies and so yeah you have
    QQQ but if you individually want to have
    the upside of Nvidia then you can have
    that on top of your table but make sure
    that you have the legs so you first
    because that’s important right yeah if
    the legs collapse the table falling
    right so make sure you have the base
    first so that’s important yeah yeah and
    for those you going to ask anyway V vti
    are good ones uh vgt if you want
    exposure to technology but I think the
    overall theme in these first two stories
    we’re talking about I think we’re seeing
    a decay in
    monopolies like apple of course had a
    long-term strangle hold my final
    expiration date for Apple is 2034 when I
    think things will start to unravel they
    won’t have their lead um Google has
    mismanaged a bunch of great projects
    like like they should have never tried
    to do social media back in the day but
    the glasses deep mind like they remind
    me a lot of OKC shout out to the team
    they have now but it’s like you had
    Harden and Durant and brusson you let
    them go for nothing
    like how do you let open AI come to
    prominence the way that they have and
    this is one of your ideas from like
    eight years ago like Ray csw was telling
    them about this in 2005 and they did
    nothing with it so I’m going back to the
    point yeah it’s safer the investment
    indexes ETFs but I think we’re seeing
    this is what happens when money is cheap
    capital is cheap it’s easy to hire and
    then the market conditions change and
    the crazy part they haven’t even raise
    rates yet if they raise rates we’re
    really going to see things get tough
    yeah and it goes back to the the the
    topic I think you guys were talking
    about on Blackout what would that
    company be if they didn’t invest in in
    YouTube in
    2007 and if Zuckerberg didn’t grab
    Instagram two of the greatest
    Acquisitions of all and for everyone who
    kept saying they shouldn’t have sold
    YouTube to Google they sold right before
    the biggest crash of modern times
    happened they’re smart let me give you a
    clue when people exit and you don’t hear
    from them again Leisure has been
    earned I haven’t seen time from my space
    three times since he is elated enjoy you
    got to exit at the right
    time yes cersi exit at the right time
    ladies you have to know when to lead a
    party you gotta know when to party did
    you see that Meme of Kevin Hart with
    alot Ander yeah yeah that was crazy I
    did yeah I asked Mandy what do you do in
    that situation just buy him a drink
    first shout out to when the introvert is
    ready to leave the party Mandy B said
    you was you was C she said you was all
    cap [ __ ] put put in put in the comments
    if I booked you a flight put in the
    comments oh first quarter no not for the
    first quar flight Emoji we in we in the
    second quarter second quarter we still
    running though right the
    put it in
    chat I got five grand for somebody if
    you got some pictures with me what’s up
    pictur the [ __ ] receips standing on
    business you
    know oh
    man did you just listen if Google and
    meta cutting back I should buy a flight
    oh no we all got cut back we all got cut
    back nope Zuckerberg got that meta AI
    going crazy for a reason be conservative
    people are losing jobs so that that I
    mean that’s the unfortunate part but
    they are saying that the people who they
    let go can reapply for different
    positions within the company so we’ll
    see yeah um can we talk about let’s talk
    let’s give some education um dividends
    right can you explain I’ve heard two
    people in the last couple days talking
    about like their dividend stock
    investors or they want to invest in
    stocks that have
    dividends once again for the people that
    might be new to Market Mondays um we
    don’t really talk about dividend stocks
    too much yeah it’s not an investment
    strategy that we’ve we’ve
    championed um what are dividend stocks
    and why have we not necessarily talked
    about dividend stocks um dividends think
    of it as if you being paid a r um for
    owning a stock so in addition to having
    a shares you get a certain percentage
    per year or per quarter as like an
    enticement or inducement to own the
    stock um I’m not a big fan of it because
    the the best companies are going to give
    you those gains that you hoped for out
    of the dividend like AT&T used to be a
    great dividend player they Fallen apart
    and usually the bigger the dividend
    usually is reflective of a poor company
    um Nvidia doesn’t have to give you a a
    huge dividend because they’re going to
    print low-end 30% year-over-year pretty
    conservative um Apple for a multi-
    trillion dollar company they’re going to
    grow 10 to 15% a year so they don’t have
    to usually a company that’s falling is
    going to pay you a high higher dividend
    um I you can look at the dividend Kings
    list the Aristocrat list but I would
    say move with a lot of caution and do
    your research first um it’s not one of
    my favorite strategies uh companies that
    are really good are not going to pay
    you $5 per share to own it if so why
    would they just keep all the dividends
    for themselves it’s kind of like when
    when artists are like hey buy this song
    and you can own a part of my catalog
    notice it’s never any of the hits it’s
    all the bsides from mixtape from 2009
    right um but everyone can choose to do
    what they want to do but I like to have
    my gains baked in and safety baked in
    first before I Look to have uh dividends
    and you know apple pays a small one some
    other portfolio pay a smaller one but if
    they’re paying like $7 per share or $2
    it’s usually not a good company yeah and
    the other part is that you have to have
    uh some Capital right because you need
    to have you need to have a certain
    amount of shares to even make to make it
    make sense right but even I mean some
    people like you said it $7 a share is
    obviously ridicul that’s pretty pretty
    high but most times it might be one or
    two dollars and that might be per share
    so if you have 100 shares then you may
    have made A1 I mean it’s the to have the
    wind baked in and invest in directly
    into a company that’s strong it it kind
    of outweighs it plus we’ve seen
    companies take away their dividend right
    so that that’s another approach that we
    have to take into account where it’s
    like all right we didn’t uh hit our
    quotes that’s why we always watch for
    the company if they beat their earnings
    yeah that’s part of it if they beat they
    have Revenue all right well here’s the
    cash flow that that has been left over
    we’re gonna pay a dividend out if they
    don’t meet it then they say you know
    what we’re not doing dividends and we’re
    suspending them and they may never come
    back so just if you’re gonna take that
    approach be mindful of all those things
    yeah and if the fee load is low on
    indexes or
    ETFs the Havens you can look at it as a
    dividend but like common companies
    people lean on Verizon Johnson and
    Johnson Philip Morris alria group
    Comcast Duke Energy they’re not best of
    breed companies they’re okay um but they
    aren’t like top tier companies that are
    currently dominating the market I think
    it was a great strategy in the 70s and
    80s but I don’t think this a strategy I
    willan on as a primary one for sure um
    but if you have like a hundred million
    dollars sitting around sure but for the
    average investor I don’t think it’s the
    wise uh decision to do so well speaking
    of
    Google meta last week announced a
    partnership with Google um AI
    partnership and uh open AI they um
    they’re not just gonna let open AI just
    you know run rampant um they’re fighting
    back yep meta Google partnership AI
    partnership right and um this I think is
    is uh in
    direct um
    competition uh to open Ai and they
    realize that you know the issues that
    they they’re currently having so that’s
    interesting right to see two of The
    Magnificent Seven coming together um and
    working together right you you can take
    that in one or two ways you can take
    that as uh they’re trying to you know be
    Innovative or you could take it that
    they’re actually scared
    and um this is always be paranoid this
    is this is a sign of fear when um when
    you got to come together and try to
    fight open AI but also this goes back to
    Microsoft right yeah Microsoft’s
    dominance so what’s the thoughts on meta
    teaming up with Google I think but I
    think I want to just ch it real quick
    yeah I think meta’s gonna get the best
    of that
    partnership um I think Zuckerberg
    learned a lot from that 2022 slot people
    have to remember how young he is he has
    another 25 27 years of like pure
    dominant he can have in front of him I
    think he learned to keep those overhead
    costs low and if he can get this AI
    relationship to work well enough just to
    beat Tik Tok let’s not even look at open
    AI but if it’s just better than Tik Tok
    better than
    YouTube great I find it interesting that
    Google is doing a partnership with him
    when you’re still battling for market
    and mind share with
    Instagram I think Zuckerberg is very uh
    smart intelligent sagacious conniving
    and I think he’s going to get the best
    out of that partnership and he’s going
    to find a way to make sure that that
    ecosystem that he has is thriving I’ve
    seen some of things they deployed in
    WhatsApp people don’t talk about that as
    said enough so I think they’ll come out
    on top of that um but yeah I think in in
    times of recession or potential
    recession partnership is needed that’s
    why when the US is getting to it with
    China and Brooks is
    forming all these shadow Wars it’s not
    good for business yeah I think it’s
    important to talk about it in detail
    because it’s like with meta it’s a
    business lusting in this situation as
    well right where okay they literally
    change the name of their company to meta
    um to invest hundred billion dollar or
    whatever they invested in into the
    metaverse and the stock crashes and they
    they abort mission on that at least for
    the time being they refocus on on their
    core products and they ramp it back up
    and now meta stock has been has
    skyrocketed yep um but now it’s like
    okay let’s let’s try this again on a
    different iteration front y of AI right
    and it’s like okay last time we tried to
    jump into the metaverse by our
    we’re a social media company that
    probably wasn’t the best way to go about
    it Google has been the number one search
    engine for the last 20 years y um Google
    highly respected in the in the tech
    space so if meta could have just started
    their own AI Branch right but it’s like
    okay well why not partner with leader
    Best in Class learn from the previous
    mistake while dat while still looking
    forward in the future because that’s why
    I always say like you gotta be able to
    plan for the future while you’re on top
    yep right and it’s like okay as opposed
    to just planning when you’re when you’re
    already falling now it’s too late so I
    think that it’s worth highlighting
    because uh from The Meta standpoint I
    think that is another Savvy business
    move by by Mark Zuckerberg
    and um from the Google standpoint I
    think
    that I think Google is in trouble and I
    think that this is something that they
    can latch on to with the attempts to
    potentially you know hold the band
    together um if all else fails it it
    gives you partnership with two of the of
    The Magnificent Seven obviously Tesla
    suffering right now but you already are
    the search engine for Apple’s phones
    right and so now if you think about the
    number one app inside of the Apple phone
    it’s owned by meta which is probably
    Instagram right top three and so now we
    talked about things that have failed yes
    the metaverse we that’s well documented
    but we yeah just covered all the things
    that Google has botched when you talk
    about the r the the roll out of of hey
    meta the first place they put it is
    right in Instagram yeah it’s there this
    is the roll out and on top of putting it
    right inside of that
    app Mark Zuckerberg is making the post
    to tell you that it’s it’s here where
    for Google Sun you see how happy he
    wasy like to tell you that this’s this
    new AI could you imagine Sund trying to
    to to get on Instagram and telling us
    about it just wouldn’t it wouldn’t be
    receive the same way and so sometimes
    you gotta realize where your weaknesses
    are at and say right they have something
    that’s
    working we have Milli billions of people
    inside of their database they can reach
    the audience they can get the messaging
    out better than we can I think strategic
    but I I agree with you I think meta gets
    the best of this because again if people
    start treating Instagram the way that
    you’re cheating chat gbt then why are we
    going to Google search yep right so if I
    can do all the searching for everything
    inside of Instagram or I can do it in
    chat gbt then maybe I really don’t need
    to try use my Google search that already
    happened with Tik Tok so Tik Tok is
    essentially a search Tik Tok sh
    um so people you know I ask people all
    time how do you find about this
    restaurant Tik Tok Tik Tok for young
    kids has already taken over yes right
    chat gbt is taking over for older people
    so now you now you got screwed both ways
    yeah I say you got screwed both ways
    yeah said pause I PA in general it’s a
    general statement but I’m just paing
    statement okay the tech
    so so so um yeah I think who will come
    out on top no pun intended no I’m joking
    good but it’s a great Point like if Tik
    Tok is skew younger Chad GPT is old
    older Instagram has a very small window
    to get that intersection right in the
    middle and have to take advantage of it
    um and also with with the with the hey
    meta AI iteration what they could be
    able to do on a business sweet now meta
    listen use the idea if you want to but
    cut me my check
    please ads are one thing imagine if you
    after you deploy the ads the hay meta
    can do all the followup for you I know
    you can retarget but if you can have hey
    meta do a lot of the followup for you
    that’s something nobody’s doing Tik Tok
    shop is moment but I think it’s a very
    interesting way while sales are down and
    viewership are down that meta can
    potentially carve out way for a lot of
    Brands and businesses to be able to
    bring more Revenue in and if they can do
    that while things are a little bit
    uneasy okay they’re gonna
    be the I think it might be the the
    Google pixel right so even with the
    phones like they have the technology
    before all these other phones and then
    Apple comes and they say all right with
    the new update you’re gonna have this
    service now so even inside of of um
    Instagram when we were in dbos we sold
    this company called ditto and it’s very
    interesting it was the company basically
    they give you the technology where like
    if you see something in your screen or
    on your TV you have the ability to touch
    it and find out where you can purchase
    it gotcha and in the click of so now
    with hey meta imagine like you’re
    looking at the picture and it all right
    you click it hey per I mean the
    technology is just going to keep growing
    yeah better they they I think they
    definitely come out as a winner in in
    this partnership but that’s what
    Partnerships are sometimes you have to
    be strategic about who you’re partnering
    with um and hopefully I mean I’m sure
    data will be shared and they’ll be
    selling all types of things back and
    forth to each other so I’m sure Google
    will be okay but yeah I you can
    definitely see the benefits from for
    meta in this um okay let’s talk about
    Morgan Stanley highly respected
    Investment Bank um yes so they have
    their top
    picks uh going into this quarterly
    earnings season so um let’s talk about
    the the Morgan Stanley top picks and uh
    see which one
    um bullish on yes um one of the ones
    they mentioned Lazar ticker Laz not the
    hugest fan of if you want to trade it
    and potentially get a short on it you
    can do that but I’m not a huge fan of
    that um second one is uh ticker
    GLE if I can get it at 22 bucks I will
    probably take a stab at it but I’m not
    in love with that one um let’s look at
    PC really quick pack r yeah P yeah this
    one of the ones when I saw the chart I
    was like I don’t even know how that one
    didn’t come up on my radar it’s been on
    a tear really since
    2015 um you have to wait for a pullback
    but I love that one amazing pick by them
    they did a great job in this one finding
    like a diamond in the rough that many
    were not talking about the Nvidia trades
    overcrowded AMD Trad is overcrowded so
    that is one that I like a lot um the
    next one they mentioned was STX which is
    Seagate
    not number one in their class but uh
    great sector great management I like if
    it ever get back to 58 bucks I would
    love to buy it there price is too high
    for me right now but seate I do like of
    course Nvidia amazing Amazon amazing and
    then if we look at
    abbv um I love a lot not talked about
    enough at 147 I would love to pick it up
    if it got to 140 I would definitely love
    to had a lot of shares there but abbv is
    a great pick Nvidia Amazon and parar is
    like a diamond in the rough that that no
    one saw
    coming yes sir yes sir yeah I gotta ask
    you a follow R why do you think like if
    you can give three reasons why do you
    think going into this next decade Google
    they’re not going to go out of business
    but they won’t be as dominant as they
    were this past two
    decades well I think that um startup
    companies like open Ai and there’s going
    to be a variety so every 20 years
    there’s new it’s like once again using
    aort there’s new rookies that come into
    the league right like Michael Jordan at
    some point in time wasn’t as effective
    when LeBron James and you know Steph
    Curry Alan arv all these guys start to
    come into the league right so what I’m
    saying is that you have Legacy companies
    at this point these companies Apple
    Microsoft Google Amazon they’re Legacy
    companies at this point yeah even meta
    is a legacy company meta is probably the
    youngest out of those but they’re still
    like a legacy Company open AI is not
    gonna be the only company that’s going
    to come and disrupt this thing yeah
    there’s gonna be a variety of companies
    that are going to be a lot um leaner be
    able to be a lot more Innovative because
    when you get that big you can’t you
    can’t move the same right you can’t move
    that fast you can’t just make a decision
    you got to go to the board you got to
    get it approved you gotta it’s a whole
    bunch of stuff so I think we’re going to
    see a lot of startup companies that
    either have not been created yet or are
    currently created um still in their
    infancy phases that’s going to cause
    Mass
    disruption um and is going to hurt them
    on a variety of different levels on the
    search engine side on the content Side
    YouTube uh I think that they’re going to
    have a lot more competition and if you
    think about Google what is Google’s
    primary business search or advertising
    ads from search engine from search yeah
    yeah they haven’t really done a great
    job of diversifying their
    portfolio and a lot of Mis products yeah
    they have two they have two things if
    you think about it they have Google
    search engine yeah they have two drivers
    yep and and and and YouTube Right Cloud
    Ser they got a cloud service but I mean
    it’s two big drivers yeah so I mean
    whenever once again this goes this is a
    a lesson for
    business and obviously those guys are
    billionaire so I can’t I’m not
    criticizing their business model yeah
    but I’m just I’m just using this as an
    example that you are more vulnerable the
    less offerings that you have right
    you’re you’re you think so yeah because
    it’s like now if like let’s take
    Microsoft instance right they have they
    have more
    offerings right so now it’s like even
    meta they they have more offerings they
    have Facebook they have Instagram they
    have WhatsApp they’re working on this
    thing now they could have had Tik Tok if
    the government didn’t block it they
    could have had Tik Tok yeah I mean even
    Apple for all we say they still have
    they still have several different off
    iOS ecosystem airpod yeah y have S
    different offerings right like you have
    one
    offering yeah it’s the dominant offering
    it brings in so I’m looking at the
    revenue it brought in 179 75 billion
    last year next is the YouTube ads which
    brought in 31 billion so there a a
    drastic so you have one main offering
    yeah yeah and now you have a 100 people
    that’s GNA Target that now let’s say you
    lose a quarter of that that’s that’s
    major disruption ecosystem right and
    it’s happening like I said it’s
    happening from social media it’s
    happening from chat gbt so that’s why I
    just think that Google is pretty
    vulnerable over the next decade is
    because they lack diversification and
    they have strong competition and they’ll
    have even stronger
    competition if they could just get it
    right like they have the talent they
    have the vision they have the Innovation
    they just can’t
    and on the
    media YouTube is probably the biggest I
    mean gave Comcast hell how do you miss
    out on the NFL and let Amazon get that
    MMA NBA finals and all the major TV
    shows well they they had the NFL right
    they they had the Sunday Ticket I think
    they there’s renegotiations on that but
    the you YouTube TV has has done pretty
    well for them it’s just that the price
    point Point has gone up I’m not sure how
    long that’s sustainable right it used to
    be the alternative to having the cable
    networks where that was okay I’m paying
    all this money for five channels that
    was great arbitr but like what’s the Big
    Show that’s like produced by then also
    you’re just watching the TV now and
    paying the and the price points are
    getting very close to each other yeah
    they’re getting close Google Google
    hasn’t skewed young right like it’s like
    we used we used to get information from
    encyclopedias
    and telephone books right that used to
    actually be a source of information then
    when this
    web browsers came out with Yahoo and
    other people then that was like
    revolutionary and you Google Google it’s
    been the same user interface for over 20
    years now like like kids are not going
    on Google no more they’re not they’re
    not the term Google search ontu exactly
    that their whole search engine process
    is change like Google is now an old
    person thing no no no I I I I disagree
    because the one callous that they have
    is YouTube and YouTube will always scale
    young because because most people don’t
    search on the Google search engine but
    most kids will search inside of Google
    the way that they did for Tik we just so
    we just said that there’s two different
    divisions YouTube is his own company
    right and we talked about the revenue
    it’s a it’s a big difference between so
    what I’m saying is that the main thing
    the star play in this situation is not
    skewing y that isn’t has not skewed y
    but does that mean could there be a
    shift though could there be a shift
    where now we’re not using search engine
    we we’ll start to see more more traction
    going into Google I mean uh YouTube as a
    search YouTube is YouTube has YouTube’s
    days are numbered let’s just say that
    YouTube days are number well that’s a
    hot Take Yo and I thought my met [ __ ]
    was do do do do speak elaborate on
    that YouTube is going to have the same
    all right once again I just I just laid
    out how we used to use a telephone and
    encyclopedia then we started to use what
    we essentially use now as a web as web
    browsers and search engines and how
    that’s kind of falling apart for young
    people not really going to search
    engines like that at one point in time
    we we was watching everything we was
    listening to radio that’s how people got
    information then a device called the
    television came out and people started
    to watch television and they had basic
    cable then people started to actually
    have more advanced Premium Cable
    packages then YouTube came out and it
    was a re it was a revolutionary item
    right but at some point in time it’s
    going to run its course too everything
    runs its course right so what I’m saying
    is that it might not happen right now
    over like a 10 year period eventually I
    mean yeah everything comes to I thought
    you meant like you was giving like a
    timetable eventually YouTube is going to
    have to start decaying and it’s going to
    it’s going to because they don’t they
    don’t pay the creators what they what
    they properly deserve right you have you
    have competition from every single
    streaming service available possible and
    now once the streaming services get
    these Sports contracts because these
    Sports contract the NFL sports contract
    I believe is up next year I think and it
    was talking about on CNBC Netflix is
    going to get some NFL games you’re going
    to see a lot of these streaming services
    start to get Sports um games right
    that’s going to change the landscape of
    content even more then you get more of
    these fast channels like a Tubi and like
    others that will come in the future and
    that’s going to be a more a bigger
    threat to YouTube so right now there
    still a king but if YouTube doesn’t
    change that business model and reward
    the people that
    actually which is the content creators
    it’s only so long it’s only so long that
    you can run this type of
    model with just the Iron Fist as get
    more competition YouTube is going to
    start to become television if they’re
    not careful but based on that though I
    mean that theory of their days are
    numbered everything’s gonna come I mean
    we could say the same thing for Apple
    right like if we just said he just said
    10 years that’s what I said like but
    that go no I was going I was gonna go to
    the point that
    Ian I haven’t heard you say it in a
    while but you you used to especially
    when we did the presentations these
    things go in 25 year Cycles yeah and so
    based on that then you know historically
    we’re getting closer to that end of that
    25 year cycle for a couple of these
    companies yeah um YouTube accounts for
    9.7% all television viewing well and for
    everyone listening my favorite thing to
    do and you must do as an investor write
    all the weaknesses and the things that
    can kill the business Rashad I agree
    with you for all the tech they have how
    have you not been able to quickly on
    board let’s say if Kon that and
    Charlemagne did 10 shows why can’t you
    quickly onboard them and then that’s
    Prime television
    you haven’t done it for Miss Miss Rachel
    Getting hundreds of million of views how
    on Saturday she’s not the primary thing
    that’s popping up on the YouTube
    app and they don’t have a they haven’t
    they don’t have a
    product they that that they just haven’t
    be able to create that the product and
    that’s why Microsoft is the leader like
    they they have they have product not
    even that they this this will go down as
    one of the best Acquisitions over the
    last 50 years of them this open AI thing
    is going to be dead that’s going to
    carry them for the next 25 years yep
    that’s GNA be like their horse for the
    next 25 years open AI open AI is going
    to revolutionize the world it already
    has revolutionize the world them having
    the foresight to invest in open Ai and
    put them under the fold brilliant
    decision Y and it will catapult them in
    my opinion to number one as leader in
    Tech and they will be they will be
    having they will carry that flag for
    another 20 years that’s I’m saying that
    even that that that is that’s a that’s
    the product right but if if it was
    office that was the product but now you
    can incorporate what you did with AI and
    put it inside of the product that you’re
    this you got you got sign new Talent
    this is the
    thing let me finish let me finish Google
    doesn’t have that right like we can
    attribute it like yo they have well they
    have the ad platform
    so it’s infrastructure there but even
    with that do you think to advertise on
    Google first or meta for me it’s
    meta go to meta they they should have
    they should have purchased Netflix when
    they years ago they should have
    purchased that’s what I’m saying you
    have to sign it’s like lab Cash Money be
    was relevant for 25 years because they
    kept signing new Talent they didn’t just
    have the hot boys and and that was over
    no they got they got little Wayne they
    got Drake they got Nicki Minaj that
    carried them
    so let make a point there because you’re
    right but they have had the talent I
    think your reference is accurate Google
    their talent was YouTube that was no no
    no no I’m talking about the T so the
    people that are creating as so not the
    not the people companies that they’re
    acquiring they didn’t they haven’t done
    that I’m saying that’s what I’m talking
    about they have the talent that is
    actually creating those companies that
    when they leave my thing is like that’s
    why I say even that that analogy of the
    OKC team yeah that’s spot on right like
    you had go out the door they had deep
    mind but that that doesn’t that doesn’t
    that’s not a successful formula because
    we seen with PayPal that that that
    didn’t just having smart people that
    work at your company is only going to
    mean that they’re going to become
    billionaires for somebody else’s company
    or their own company what I’m saying is
    you got to acquire all of these
    companies meta’s best decision was
    acquiring Instagram which was an
    independent company that was already
    successful Google’s best decision was
    acquiring YouTube which was an
    independent company was
    microft % 49
    whatever of open AI which was an
    independent company that was already
    successful you have to look at the
    landscape look at these startup
    companies that are already successful
    and pay a substantial amount of money to
    acquire them so they regat let you do it
    next leg that’s the only way that’s what
    Apple has not done either and that’s
    their problem they’re trying to do
    everything inh house you can only do so
    much with inhouse Talent you got to
    acquire companies app’s model hasle ever
    acquired a company of sub of substance
    of
    substance um oh I mean beats that gave
    him the whole Apple music ecosystem yeah
    beats was a good one beats was a good
    one but I don’t know if beats is I don’t
    know if beats is is changing the world
    though it’s not a world changing it it
    gave a lot of Market business went I
    mean
    yeah yeah it’s it’s is it world changing
    though it makes a lot of money it’s it’s
    a it’s a is it world world changing I
    mean we come from the space where we had
    headphon like Ian has right now yeah
    that CH beats is not comparable to
    Instagram
    no that’s not fair you say it does it
    change though yeah it Chang I mean well
    I can argue through the acquisition of
    Beats because without that beat
    streaming they wouldn’t have apple music
    like no they they listening to music was
    not the most friendly thing and you
    would walk around looking like you right
    now and that’s and that’s one of the
    illst moves of all time right because
    they buy Beats for however much they buy
    them for and Dr Dre makes $800 million
    and everybody 1.2 for one for
    Tyrese sure and everybody Champions that
    we have a new black billionaire and that
    that was great
    but they have they
    purchased beats to kill the company to
    have
    airpods right yeah so it’s like okay so
    now looking back on it was that
    a Dre they built a company that was
    popping everybody was wearing Beats by
    Dre it was Beats by Dre right you sold
    your
    company
    and they shelv it and they they they
    discarded have you heard have you heard
    of be by in crazy part is that they
    still sell the product but have you
    heard of it have you seen anybody
    wearing it that’s 800 million I don’t
    care I a red P sing they can turn blue
    all I usually usually I’m on the same
    wavelength as you I but this one I might
    have to take a different approach to it
    because it’s like okay if if if these
    are at that valuable right he actually
    was on to something J and Jimmy iin was
    actually really on to something maybe it
    wasn’t just a billion dollar company
    maybe it’s actually a hundred billion
    dollar company right because they spent
    the billion dollars not to grow the
    company not to make it Instagram they
    spent a billion dollars to pretty much
    just sabotage it so that they can get
    their wearable devices and grow it to a
    3030 billion company because their
    werewell devices had infrastructure to
    go along with it right so they know have
    apple music right so now it’s like all
    right well that’s the perfect piece I’m
    gonna have people listening to it and
    they’re GNA be on my platform where
    they’re gonna hear that music with the
    best quality what I’m saying is that so
    so definitely I agree with you
    definitely definitely more than a
    billion that was the it was worth way
    more than like I said usually I’m always
    for I’m for selling the company I’m for
    take it not in the bush yo I’m for
    selling the company and also I think
    Jimmy at that time with the strangle
    hold he had on music knew that decline
    of music was coming people can say
    whatever they want to about music
    business is making more money than ever
    and that Drake’s making more Larry
    Jackson’s making more than ever Larry
    Jackson 69 just got them cars P that did
    happen
    stupid right but they they still sell
    the product which is interesting right
    because when you the first thing we
    think about is airbuds which ones we
    gonna get noise cancellated but when you
    go in the store you still see the Beats
    there it’s like what what is what’s the
    difference because they put no marketing
    dollars behind it they put all the
    marketing dollars behind nobody was the
    the the airbuds wasn’t popping like that
    when beats was out beats was controlling
    the marketplace and they
    no no no no it wasn’t there yet it
    wasn’t there yet it wasn’t there yet the
    buzz airpods came after the acquisition
    okay even it was it was the over theair
    it makes it makes my point even clearer
    they they didn’t have a product so now
    you you take a product you kill a
    product to make sure it was a vertical
    integration to make sure that your
    product has no competition I’m I’mma buy
    I’m G buy this product to make sure that
    my product has no competition or I’m
    going to buy that product I’mma scale
    that product down to make it more
    wearable so that when I’m on a train
    like it they had a vision for it and
    they said that’s the direct
    competition rather than try to compete
    with them let’s acquire them and let’s
    put our vision into place you saying
    you’re saying the same thing that I’m
    saying I’m saying it’s a smart move for
    it’s a smart move for Apple it was a
    smart move for Jimmy and and Dr nobody’s
    gonna be mad at having $800 million but
    all I’m saying is that
    maybe they underestimated the value of
    Beats by Dre that’s all I’m saying at
    the time maybe they underestimated the
    value of Beats by Dre maybe that company
    was worth 30 times more than they
    thought it was could could have been
    worth 30 with Dre at the front of it
    though we gotta be honest there a glass
    ceiling on black Le but Tech didn’t
    really have any ceiling they had white
    people wearing it they had that was one
    of those companies that crossed over
    Beast by Dre was a
    that was great they they
    they the market product was great too to
    just it’s dead it’s over it’s over now
    yeah you don’t even see them you
    remember every athlete wore them before
    they walked into the but you don’t see I
    mean that that killed Jimmy’s
    relationship with 52 you don’t see SMS
    Audio and what was the other one monster
    yeah no yeah remember you have to know
    when it when to exit uh Google
    acquisition biggest acquisition waves
    double click YouTube Nest shouts to Tony
    Fidel Deep Mind Fitbit um and I
    think Google because they have such a
    dominant strangle hold on search I think
    they want to be a hardware and software
    company when they should just focus on
    software um apple is one of the few
    companies that’s able to get the
    hardware and software down I don’t know
    if that the nest acquisition was
    probably the best I remember when double
    click got got purchased they went in the
    right direction but they had deep mind
    double click YouTube I think it even
    today I know way more entrepreneurs that
    run ads on meta than Google and Google
    is like the preeminent leader in that
    search space something has to be
    improved and and changed there so for
    sure all right they give you a check to
    kill you um let’s talk about silver some
    of them be stealing my swag for free and
    then get mad at
    me later hey Goldman hey you have blue
    Panda all day I’ll support it go ahead
    I’m with you what you
    want 1.5 David
    Brady uh warns and predicts that the
    market will crash
    30% uh and then rebound before the
    election de BCE and crash crash to the
    lowest levels in 14 years yeah um who is
    this person for the audience and I think
    I think that Morgan Stanley he’s a Fame
    analyst um so so when we hear these
    scenarios I think there’s two questions
    to ask is it possible and more
    importantly how do you protect yourself
    and what level levels do you buy in so I
    want to address that first um I’ve
    talked about it before but put on a 400
    day moving average on your chart and
    look at the monthly chart and for all
    companies that you love and the indexes
    the ETFs mark off the 400 day moving
    average that’s where you will want to
    potentially load theat vot do I think
    this could happen no but going back to
    the SWAT analysis that we talked about
    as an investor the number one thing you
    have to focus on is what do you do if
    all hell breaks loose on earth like for
    most people have you figured out in your
    business if the market is in a four-year
    down period how will you still be
    profitable in your long-term Investment
    Portfolio if you don’t know how if it
    hits the fan be [ __ ] right um and for
    my business business owners if if sales
    are flat for four years how will you
    sustain yourself you have to factor
    these things in like Rashad said you
    have to plan for this while you’re on
    top not when you’re struggling um do I
    think this will happen I don’t know if
    we we’ll crash and see the lowest levels
    in 14 years but with Google laying off
    people the partnership with meta and AI
    Tesla laying off people um and even with
    Red Lobster going out of business it
    reminds me of 2019 when toys or us went
    out business and a weaker company start
    to collapse before the big players
    topple over there’s something coming I
    don’t know what is but I will start to
    get prepared just in case but I will add
    that 400 day moving average
    to Apple Microsoft
    Google um Intel I’ll throw them a bone
    AMD and if they get to those levels I
    will look to load up at those prices but
    Apple being down for this many quarters
    is definitely a signal that there’s
    weakness in the market for sure like
    they are our number one player like if
    they are on injured reserve and they’re
    dragging the market down and AMD is
    slowly climbing down Nvidia isn’t as hot
    even though the numbers are great um I
    think they’re priced in some of this is
    um that’s something is going to happen
    probably in 2025 but your number one J
    as an investor is to say if [ __ ] hits
    the fan and all hell breaks loose where
    do I buy in the worst case scenario is
    easy to buy when everything’s going up
    we saw what the options trading in 2020
    no one can miss in 2020 and then who we
    are in this market not many people who
    were trading options in 2020 have
    retired or have freedom from the money
    they made in 2020 the market suggest you
    have to always be
    prepared and it’s one of these things
    where um there’s opportunities in every
    crisis so you you should always that’s
    why you got to have cash readily
    available if you possibly can and that’s
    why you should
    always educate yourself Choice option
    master class right because some point in
    time you’re going to be able to use this
    information that you’ve been received
    and then puts to the
    downside yeah so yeah when a crash
    happens a crash will happen so but at
    some point in time a correction crash
    all of this stuff happens that’s part of
    the economic cycle yep
    um the good thing is that if you’re
    prepared for it
    it’s an opportunity to make a lot of
    money yep right there no such thing as a
    bad Market only you have to you have to
    um you have to wait years for something
    like this to happen like I remember 2008
    happened we didn’t see another economic
    environment like that
    until
    2020 when was 2020 2020 March right so
    that was a 12 year that was 12 years 12
    years slave waiting on that boy so you
    know it’s one of these things right
    where it took 12 years for that to
    happen and a lot of people made a lot of
    money in that time frame so educate
    yourself
    now so when that opportunity
    comes you’ll be in Prime position yeah
    you you you think it it’s it’s baked in
    already Ian when we talk about 2025 I
    know everybody is putting so much so
    much weight on hey they might the FED
    might not reduce rates now until 2025
    March there’s some reports coming around
    but we look at some of the earnings last
    week TSM obviously they reported they
    beat their earnings but they pulled back
    because the future guidance um of what
    2024 is going to look like Netflix did
    the same thing I mean they
    doubled in some of their beats and they
    still fell and so it feels like like you
    said something’s Brewing yeah or has
    have we run so far that you know what a
    nice little pullback a slight correction
    here yeah is what’s needed in 20124 will
    still be a pretty productive year for
    the market what what are your thoughts
    around that I mean I think the truth is
    there’s no great risk to reward
    scenarios right now other than really
    Tesla like if Netflix is at as high
    Apple’s pull back it it hasn’t got to
    correction territory um I think a lot of
    people are just waiting on the sidelines
    for the right time to actually get in
    the market and invest
    as they should like you can’t keep
    buying as the market is pushing up it
    works until it
    doesn’t um but most seasoned investors
    they’re going to wait for a pullback at
    least of 7% 10% is great 20% is better
    um so I think some of this is baked in
    and as far as the FED I think they don’t
    want to give anyone an unfair Advantage
    for the election if you cut rates too
    much easy win for Biden If they raise
    him too much easy win for Trump I don’t
    think they want to have that on their
    record or watch um but I think things
    are getting tough and you know I think
    we’re in the middle of the road like
    1995 was a time when it was a
    transitional period 2005 was a period
    where it was a transitional period there
    was changing of guard changing of
    Technology a lot of innovation came uh
    one thing I do agree with Peter Schiff
    on you need a correction to clean up
    some of these messes that have been made
    like a small session may be needed to
    clean up some of the the BSS may happen
    in the corporate and we’re seeing it
    happen in the music industry and that’ll
    eventually come over the tech it it
    eventually H private Equity commercial
    market so but be prepared I think the
    biggest thing is to be prepared and then
    if you know how to trade trade it to the
    downside while still holding stocks and
    equities long term so you can get the
    long term um and the upside but if you
    want to do that go to envest decom and
    if a crash happens you’ll already be
    prepared if I made you money in 2020
    when crash happen please put yes in chat
    and then you can go get the options from
    uh Troy and then even on the media side
    I’m I’m really optimistic about what
    media opportunities are over these next
    two or three years lot of you seeing
    Stephen they going crazy I can’t wait to
    hear the interview I think a lot of
    people are taking for granted what is in
    the media landscape and what
    opportunities can present themselves
    over the next three or four years Tesla
    down 40% year to date Apple touched the
    the 10% Mark so I guess it’s on the be
    the the edge of a of a correction was am
    I conspiracy theorist now
    y’all 40% that’s a
    crash it’s time to start using the
    cocaine he down 40% boy he started too
    early Jesus my
    Lord so oh man so let’s talk about
    Amazon another company another Legacy
    company Amazon has 180 million Prime
    members in the United States up 8% year
    over year right so what are the re what
    other retailers do you like and uh would
    you pair with Amazon um I like Costco a
    lot just gonna say that yeah I’ll pair
    Costco if I’m going for a safety trade
    in retail I would probably do them
    Amazon Costco and maybe McDonald’s is a
    third and I’m not the happiest with
    McDonald’s for sure um but I think there
    is some asymmetric R to the upside but
    Amazon and Costco are the two I would
    pair together
    like if I had to pick my us dream team
    which they did a great job of doing this
    year um I’ll pair Amazon and CCO because
    now you have the physical world which
    they have a stringle hold on with the
    membership uh great customer base and
    then Amazon even like going into Prime
    the shows are getting better you can
    watch a little bit of live TV in Amazon
    right yeah um I think they have a market
    Edge and I think everybody still loves
    getting their their Amazon packages the
    CEO has done a great job so I would pair
    those two together uh and keep my eyes
    on a few others but if I had to just bet
    the house on everything I would do
    Amazon and Costco for sure those those
    are two did did y’all see the report
    about project curiosity did y’all hear
    about
    this he about this so 2015 and it’s
    almost one of those things when you hear
    like if you’re not cheating you’re not
    trying uh so Amazon I tried to use that
    before my favorite one of my I mean my
    favorite company for sure um they had
    this shell company called Big River uh
    that had warehouses in five countries
    and sold products to Walmart Best Buy
    Overstock and a bunch of others and so
    big river so purpose was to take
    pictures of and screenshots of the
    competitors pricing cataloging
    advertising systems and they were sent
    to rival conferences where they obtain
    exclusive
    information uh and so when you think
    about trying to stay number one and stay
    relevant what cost will you
    do they allegedly because this this is
    report in Wall Street Journal they
    allegedly had this company big River the
    reason they found out about it was
    because that um the employees who are
    from Big River they listed Amazon as
    their employee on their LinkedIn pages
    that was the first Telltale sign then
    the second sign was uh big Rivers made
    up of Japanese Street Wear brand which
    is called Noto AP but it lists Seattle
    as its address on the web
    page pretty bad sign and then uh Big
    River registration documents to the
    Washington Office of the Secretary of
    State included an address for Amazon’s
    headquarters
    so when you’re talking about trying to
    compete with with one of major major big
    market cap companies and the levels
    they’re willing to go to make sure that
    they stay ahead yeah you guys talked
    about it with the diapers.com situation
    like they put them out of business like
    they literally created a company to to
    figure out what the competition is doing
    and send hired employees just to figure
    it out to stay ahead I
    mean pretty crazy the Costco thing I I
    mean I think you spouted on going back
    to the two uh companies in retail and we
    spoke about it and I can’t I was in
    shock when I read the report about how
    you know Costco was selling gold we
    talked about gold and its appreciation
    it hit its all-time high but the amount
    of Revenue that it brought in every
    quarter for the past couple quarters
    $200 million in Revenue yeah um and so
    there’s a couple things around it
    obviously people are looking at other
    ways to invest and having a stored value
    like gold is one of them but as a retail
    space that’s selling it I mean it it’s
    it’s kind of brilliant when you think
    about like where would the average
    person go if they wanted to buy
    gold um I don’t know yeah I out yeah so
    I mean you become a a place that people
    visit pretty much every day or at least
    once a week uh to to get the the
    Necessities for their homes and now this
    is a place inside of of your your weekly
    structure where you can get it so yeah
    I’m with you on those two Costco to pay
    with Amazon that’s that that’s that’s a
    good retail uh Duo a 27 was at 159
    they’re currently at 7 uh
    11
    711 get your tickets to invest vest yes
    please and there’s still some booths
    available too if you uh if you uh want
    to purchase a booth now I would say with
    this booth
    situation try to do businesses that
    aren’t over in abundance already right
    yes
    I would say that right like try to be
    creative if you have a business that you
    know there’s a lot of similar businesses
    a lot of times um so I think it would be
    great to
    see
    some AI businesses some technology
    businesses
    some tutoring education businesses you
    know different things of that nature
    right like try to try to um
    be a little bit more creative look I
    love all of the people that’s selling
    merch um appreciate you but there’s
    obviously going to be a lot of people
    selling merch right yeah so the reason
    why I’m saying this is It’s a broader
    conversation and just invest Fest it
    goes back to the ecosystem and
    businesses that we’re starting in our
    communities I think that we have to be
    more strategic and more mindful of the
    type of businesses that we
    start and think outside the box think
    what’s scalable right and like I said
    this is no knock on clothing brands
    because it’s actually an essential item
    everybody you actually have to wear
    clothes right so it’s actually it’s like
    one of these things that’s like food um
    clothing is actually essential to life
    yep so is vitally
    important but everybody clothing brand
    is not important like you know what I’m
    saying it’s like so think about how you
    can really change the world when you’re
    starting a business because invest Fest
    is like a a microcosm of black community
    so that’s why even when Robert Smith
    came and he was walking in the
    marketplace and he was asking me about
    the businesses and he was like what kind
    of businesses do we have he like
    consumer goods most mostly consumer
    goods and I’m like
    yeah and I’m like damn that’s kind of
    when I thought about it I’m like most of
    the black businesses in America are
    consumer goods
    and service and service based businesses
    yeah right and that’s a microcosm of the
    vendors that we’re seeing at invest vest
    so it’s a more involved conversation but
    I think that we should be more
    mindful of starting different type of
    businesses um because going into this
    new
    economy is going to be harder and harder
    for consumer goods for Professional
    Services type businesses that we have
    traditionally started as a community to
    to continue to be
    successful I agree th% you got to build
    a business that others cannot easily do
    for sure have to what is the Futures tip
    of the week um don’t run into a crowded
    trade that everyone else is uh running
    into so I know a lot of people are
    trading ES NASDAQ great um but you may
    want to give a look to the S&P 400 which
    is
    EMD um the price movement is a little
    bit different so it gives you a little
    bit more speed than es but not as fast
    as NASDAQ so when you’re trading Futures
    because the margin is higher you want
    something that moves fast enough so you
    can get in and out of your trade with
    liquidity and have no issues but you
    don’t want it to move so fast like if
    you traded the German Dax where if you
    get the position wrong right away you
    have no time to get out you’re going to
    bleed down so um going back to the same
    point shotty of build a business that
    everyone isn’t doing also you need to
    find trades that everyone else is not in
    some of you need to trade the British
    pound or the Swiss frank or the
    Bloomberg
    index German Dex maybe once a month I
    know everyone’s in es and NASDAQ and
    then gold and crude but you need to find
    some trades where there isn’t as much um
    participants in it with still enough
    liquidity that you can get some easy
    wins in also too and it’s that’s the
    same reason why I tell people to trade
    to London everyone wants to trade the
    American open and it’s like hundreds of
    thousands of people trading it the
    London session moves slower not as many
    participants but you have less losses
    and I know sometime people like well
    moves too slow for me I’m like that’s
    because you’re addicted to the process
    of trading not the process of making
    money from Trading Futures so find a
    trade that everyone is not in and trade
    the time frame that everyone is not
    looking at to give you more wins in the
    market yes sir yes sir key um okay let’s
    talk about Bitcoin
    having right thoughts on the return of
    Bitcoin after the have we’re g Tre like
    the solo
    Eclipse um I don’t know when the next
    one is after this but I think the
    average return for these hav peers are
    like 5,000 % to
    8,000% I know y’all get tired of hearing
    the hole for a longterm period but man
    uh shout out to all the the Bitcoin
    Maxis this return period is amazing so
    if you have not gotten in I would say
    hope for the next period um hope for 10
    10e cycle if you did not get involved
    the price is GNA slide down you don’t
    have to worry about that but um I think
    the most important thing is to look at
    like what happens over a five or 10 year
    period the gains on Nvidia have been
    amazing but we will be remissed if we
    did mention like the five and 10 year
    gains of Bitcoin I think you guys need
    to hold for long term if you want to get
    rich from the market so um that’s my
    biggest piece of advice hold from this
    cycle to the next one and you’ll be a
    okay sometimes you don’t need like the
    most overwhelm and complicated strategy
    sometimes the strategy is just a ho like
    any period that you look back over five
    years if if people would have held they
    would have been a okay okay um so let’s
    do the thing that makes the money not
    the thing just gives us the most
    excitement so um let’s give some book
    book tips shall we um going back to what
    you were talking about building
    businesses that are different um it’s a
    classic book called Blue Ocean strategy
    uh if I can summarize this book it’s
    really just doing the opposite of what
    everyone else is doing and finding a way
    to carve out your own Niche um what
    other people are not doing so normally
    I’ll give an investment book but if you
    look at this and you can see even how
    some of the biggest companies carved out
    their own lane like Nvidia dominated
    gaming space and they found a way to go
    to Enterprise and then if they go from
    Enterprise to healthare that’ll give
    them another 25 years um I think that
    book is a great framework to look at
    businesses and analyze businesses that
    are doing something that no one else is
    doing like even with Apple phone isn’t
    Innovative iOS Innovative and the ecos
    system of having everything connected is
    that business alone if it was spun off
    and publicly traded will probably be t
    top 15 top 20 um so Blue Ocean strategy
    is a good book for entrepreneurs and for
    those of us that are investors that are
    looking opportunities to find businesses
    that are unique and oneof a kind yes sir
    yeah real quick on the the the Bitcoin
    having dates after uh this week it’ll be
    in 2028 obviously the month can’t be
    determined just yet and then after that
    it’ll be 2032 so every four years yeah
    it’ll be interesting the leadup to it
    we’ve seen seen it run up to 70,000 it’s
    pulled back to 61 yep traditionally
    it’ll pull back a little bit more but
    those in between years like we said the
    fourth year is going to be the best year
    and it’s proven to to to the that exact
    pace so we’ll see where it pulls back a
    little bit but these in between years
    and exactly what Ian said is if you’re
    going to invest in it that’s when you
    should
    yep all right what are some effective
    ways or strategies to prepare for a
    Black Swan event um watch the
    show he stop saying you guys are
    conspiracy theorist is never going and
    now Bloomberg and CNBC is talking about
    the fall of Elon like this company’s G
    not going to completely fall but just
    listen um a lot of times we put our
    emotions into the information and just
    take the information for what it is and
    look at the timing of it so if you look
    at let’s see the 2008 crisis covid the
    bust of 2000 brexit the Japanese asset
    bubble burst of ’92 Swiss frank
    unpacking in 2015 September 11th to 2001
    like every six to eight years there is a
    Black Swan event that happens and then
    you have to prepare for where you want
    to buy like although they are disasters
    for other
    people if you are prepared you should
    see some of these coming and be able to
    take advantage of them I told you guys
    from the very beginning like when Co hit
    I was prepared because I had since 2008
    and N for this
    moment um flash crash of 2010 that was a
    big thing um so I think every four to
    six years you should just mark off that
    there could be a big correction or
    potential crash and then read and go
    through the information every day I know
    it feels like it’s a wasted assignment
    or errand but you’re going to be happy
    like when Trump won the election that
    night like I said that one night of
    tradeing
    Futures was the most money I made at
    that time and in those trades I made
    more money in that night than I did the
    previous two years
    took a lot of prep though people always
    look at the Steve Harvey interview what
    about all the interviews that you had
    before then leading up to to know on
    what questions to ask how to light
    things properly pacing ton out like you
    need moments of practice to get into the
    big Grand Slam moment so keep your eyes
    peeled um I don’t know what’s going to
    happen with bricks but if they ever do
    become like the preeminent player in the
    geopolitical space that is going to be a
    flash crash event I don’t know if this
    World War III situation will ever happen
    but if it
    does Black Swan event um and if they
    start telling the truth about how banks
    are not doing doing
    well a Black Swan event will be here so
    what do you think how much Capital do
    you think is needed to have reserves I
    guess to having your brokerage account
    ready for these events right is it is
    there amount that would be all right 5ou
    if I have 5,000 ready to go deploy 10
    thou what like what would you suggest
    minimum 10
    grand minimum 10 grand for those of you
    that are millionaires I have 100 Grand
    set to the side ideal because these
    because what here’s what always happens
    it happens in two months 0 people be
    like oh man I wish I would invested how
    many people do we know from Co was like
    well I didn’t know I’m like no I called
    every price out cool you have to be
    prepared because these opportunities are
    sometimes once in a
    lifetime for sure get your money market
    counts already for sure
    so any adjustments that you would
    recommend to protect your account in in
    in the event of a black swarm um if
    you’re investing in something for sure
    once if you are drawing down 20% exit
    because if you start to see four assets
    go negative 20% long term something’s
    coming people want to fight it and then
    also you can look at M2 money
    supply um and secondly you can look at
    hedge fund outflows so if like a lot of
    money leaving the hedge funds you want
    to wait till they get to like multi
    year lows and then you can re-enter but
    if something is sliding down 20% or if
    your indexes get down to 20%
    negative ex you got to find a place to
    reenter you you have to save yourself
    from bleeding out and then pick the same
    ones Buy in and then you’ll see the the
    return on the upside 20% on the index is
    that’s something something major has
    happened has happen yes and like I said
    you it be on uh Pat backa talk about it
    Stephen we’ll be talking about then like
    Butner gets talking about Rog what
    happened with the market that’s when you
    know it’s hell on Earth when you can’t
    escape it from mainstream media that’s
    when you know something is happening
    that’ll be the first story on the news
    oh yeah absolutely
    yeah what’s the biggest scam in
    investing um spacks for one a lot of
    those are dead
    um y’all want me to go here
    please I I think
    um people who put funds
    together that don’t have credibility or
    backing from higher institutions that
    provide safety to our
    community I’ll leave it there y’all can
    cut it out if y’all want
    to but it’s too much of it going you can
    cut it out it’s be a clippable moment
    but I think that’s the reading the tea
    leaves
    I don’t want no drama no but I’m being
    honest like um even on the spack
    side even on the gofund meets all that
    like I think it’s it’s been too much
    Capital raise in an easy environment um
    to sell returns that are
    not likely from even major firms so so
    who who you who you who you referring to
    J
    Morrison that who you referring to when
    I said it two years going Vegas my mic
    got cut
    so no no no no no that the mic didn’t
    get cut it was technology from that
    other
    company I think it’s a teachable moment
    look you know it’s one of these things
    right where um I mean I it’s
    um it’s teachable moment and I think
    that he I I believe
    um I believe he was in over his head and
    did things and acted off ego from I
    don’t know him personally I met him
    three times in my life but it seemed
    that he had tremendous
    ego and um a lot of times when
    ego leads when you lead with ego um you
    fall into trouble right and then you you
    try to make up for your your mistakes
    with more ego and more pride and that
    just leads you into more mistakes right
    and and um I think that you have to be
    extremely careful when taking people’s
    money I never took anybody’s money as a
    financial advisor that was the first
    thing I always told people was that
    you’re not writing a check to Rashad
    nobody ever nobody ever wrote a check to
    Rashad balow fund or Rashad Bal
    Incorporated I was an intermediate
    person that would invest your money for
    you in Fidelity in Black Rock in
    different mutual funds Life Insurance
    Franklin Templeton yeah yeah Franklin
    Templeton stuff like that exactly I was
    never responsible for actually um
    personally pushing the button and moving
    money around for people and going into
    their bank accounts and different things
    of that nature so that’s the first thing
    I tell people is that um when you’re
    investing money I’m not really a big fan
    in investing money with a person yeah
    right if you buy real estate you should
    you should be able to buy real
    estate direct now not just say that
    there are some crowdfunding platforms
    that have been successful yes not to say
    that every single crowdfunding platform
    is a scam but that’s one of the the the
    that’s one of the things I think that
    you can learn from this lesson because
    what whatever happened it it’s already
    happened but it’s like how can we avoid
    these type of situations from happening
    again right um so as a consumer I think
    that that’s something that you should be
    aware of is not to invest money
    directly as opposed to you know having
    it done independently or something that
    you’re actually in control over yeah and
    I mean I gave a TED Talk
    actually a few years ago and I said that
    you know anybody that Mis
    misappropriates or abuses the trust of
    the
    people they’re gonna be held accountable
    not not my job I’m not the police I
    don’t I don’t do the the work of the
    police because I’m not on
    pinion right you’re not
    Chicago yeah I’m not I’m not
    I I don’t talk to the police a lot a lot
    of people
    do but I don’t it’s just personally the
    way that I was raised I don’t talk to
    police and I don’t do police work so
    don’t ask me about Diddy cuz I don’t
    know anything tell you right and it’s
    not my job to
    expose the breaking scam artist of the
    decade but ultimately we got an
    obligation to protect people from the
    [ __ ] though they gonna get exposed
    themselves right and it’s always
    happened it’s never that’s why I said I
    said this six months ago that there’s no
    benefit of scamming somebody yeah a lot
    of some people didn’t fully understand
    they like well the benefit is that you
    make money what I mean mean by that is
    that over the course of the time you’re
    going to lose you’re going to lose more
    money than you made you’re going to be
    sued your reputation is going to be dism
    and you you might even actually go to
    jail so there’s no benefit of it Bernie
    M off is the biggest he’s run the
    biggest scam that we’ve seen right and
    he ended up dying in jail yeah there’s
    no benefit in it that’s what I’m trying
    that’s what I’m trying to say so yeah I
    mean I’m not the judge and jury here
    and I’m not a detective but if you will
    be held accountable by the people that
    you yeah into into your situation I
    don’t need to hold you accountable the
    people are going to hold you accountable
    and that’s stronger than my voice 10,000
    voices are stronger than just my one
    voice right so it’s a learnable
    experience for this this whole thing and
    it’s it’s
    unfortunate and um you know it it’s it’s
    something that unfortunately is going to
    happen again it’s human nature it always
    happens always happens over the course
    of time but
    y in the future um I would
    advise anyone that is
    considering ego Pride getting a quick
    Buck I would highly advise you against
    it yeah now you can do whatever you want
    you can
    disregard what I’m saying but if I were
    you I would just I would advise you not
    to go that route because
    ultimately I don’t think that it’s been
    official I don’t think that is worth it
    and I think that you will you will pay a
    tremendous price for your transgressions
    yeah also there are no
    shortcuts like secondly
    uh if anyone approaches you with
    anything um have them make you money for
    free that’s I always put in if I made
    you money please put yes in chat most of
    y’all who made money for me you made it
    for
    free so I have no issues with that
    brother wish him well um there’s a lot
    of great things you can learn from him
    on the marketing side but you got to
    deliver that
    actual return so y’all be careful but
    also as a community we have to stop
    wanting the easy Sensational thing M I
    don’t like it when I say 50 pages 80
    Pages study the market 12 hours a day
    y’all be like [ __ ] that okay cool
    shortcuts short results man so prayers
    everybody I want no drama no smoke if
    you see this please don’t think that I’m
    on that I don’t have time for it I’m
    cool but go master craft Go Master your
    craft so
    prayers up to everybody yeah it’s needed
    it’s needed there you have it ladies and
    gentlemen oh before we gota we gota we
    gotta do it
    man go okay go ahead we gotta talk about
    it man yes allegedly are fing for
    bankrupcy before we go we got to touch
    on the
    topic what’s happening chapter 11 man
    they’re going out of business see what
    happened ladies when the dudes can’t
    take you to
    the no it it from from the reports I
    read it sounded like they were they were
    profitable right when they they had and
    they blamed it on the all you can eat
    shrimp and it sounds like it’s pretty
    comical but this this is a real business
    lesson right all you could eat was a one
    day a week event which is insane which
    is insane all you can shrimp right what
    happened was I think uh maybe the the
    new CEO or CEO decided to say all right
    well we’re making so much money on this
    Tuesday let’s see what happens if we do
    it every day now they did generate
    Revenue y right but they did not make
    profit because of the amount of
    consumption from having shrimp available
    all you can eat every day of the week
    yeah I think they went in debt like 11
    to 12 million insane and now they can’t
    figure out how to generate Revenue back
    to offset the cost you don’t and what
    were they charging for this all you e
    can
    eat it’s been so long since I’ve been at
    Red l i mean this used to be a staple
    for like the community this is like you
    get the the cheese biscuits you get the
    you biscuit fire everything was yeah see
    the little lobster in the tank before
    they kill them for you right but like
    you said Legacy companies die if you
    don’t innovate and this is why for the
    last what 12 months my favorite term net
    margin autod deployment of capital AI
    all that [ __ ] all that [ __ ] is cute we I
    want to see net margin 100 bucks come in
    how much do you get to cheat yeah the
    rest of that that [ __ ] sound e all that
    [ __ ] net
    margin cool you can’t let people say
    like that’s like hey come over my house
    every Tuesday you can take anything out
    my house you want to for 20 bucks that’s
    a risk reward ratio I don’t want to be a
    part of but I think fast casual as a
    whole was going through a lot of
    pressure Chipotle is fine Cal’s gonna be
    fine McDonald’s going to be fine but
    some of these Lyal restaurants not going
    to do good uh I would keep my eyes on
    the D group to see I was just going to
    say what do you think what do you think
    that the the trajectory will be for the
    I wouldn’t I would listen now because of
    inflation you almost have to be luxury
    as a way to mitigate
    risk like you can’t have a place that
    sells dinner for 25
    bucks as a restaurant like you’re screw
    same thing like you said shotty with Tik
    Tock and like Facebook like okay great
    you got a car about a niche and being in
    the middle is
    terrible don’t be no no even when people
    complain about my high prices I’m like I
    rather be high priced and attract the
    right audience then low and track the
    wrong people I’m good I think um the
    companies that are in the
    middle that category of lower middle
    class is going to cut cost First and as
    a result but this reminds me of 2019
    when Toys R R Us went out of business
    and everyone was like it doesn’t matter
    the smaller weaker companies are going
    to collapse first before we start to see
    real signs of trouble I keep my eyes on
    things darting I will look at young
    Brands and see how that stock does um
    over the next six to eight months the
    fast food inflation has been
    insane so you have to be very mindful of
    that but uh shout out to all y’all who
    love the cheddar bay biscuits they were
    so fire right Legendary Legendary hold
    youre ladies and gentlemen another
    Market Mondays in the books you guys
    tomorrow Stephen A Smith hey and
    blackout we got Freeway Ricky Ross on
    Wednesday Charlotte North Carolina we’re
    in your area Saturday RSVP yes um and uh
    come out man come network with us come
    Vibe and uh let’s let’s let’s let’s have
    a good time last time we was in
    Charlotte was a good time so definitely
    good time let’s um let’s do it again
    yeah and huge shout out huge shout out
    to assemblywoman Shantel Jackson Who uh
    brought us up to the state capital to
    speak to some M and shakers what’s the
    big lesson y’all learned how many cut
    you off I gota ask the state legislation
    um we learned a lot I mean you get to
    learn about how the inw workings of
    politics really go from a local level to
    a state level to a federal level it’s a
    it’s a learning it was a definitely a
    learning process for me for sure um but
    then getting to see who’s responsible
    for what as as far as the state goes
    right who’s in charge of the education
    budget like while we while we were there
    they were actually discussing budget and
    so seeing the topics that were at the
    Forefront of it and based on your
    District you know figuring out if that
    budgetary issue was necessary for you to
    be a part of the conversation um it’s
    it’s a it’s a pretty interesting process
    man we were lucky enough and fortunate
    enough to be part of or get to see the
    behind the scenes of it so again shout
    out to assembly woman Shantel Jackson
    for looking out that was that was pretty
    dope yeah thank you so much we
    appreciate it everybody up there the
    state capital was a great experience you
    know politics is something that a lot of
    people don’t fully understand and um you
    know to see that process work in real
    time was something that was educational
    for us and uh you know we went up there
    to Champion financial
    literacy something that we’ve been
    working on for a long time and um you
    know we have a curriculum that we’ve
    developed so uh you know we talked about
    financial literacy and making sure that
    every child is equipped with the
    information to you know go out here in
    this new economy and not only you know
    survive but Thrive so that’s a message
    that we we’ve been championing and thve
    that’s good that’s good for sure so
    thank you for the New York state
    legislators for the recognition and and
    for the invite and for the hospitality
    we greatly appreciate it shout out to
    Kevin Riley shout out to the whole team
    um up there or we really appreciate you
    guys so much thank you has there ever
    been in New York um a dual governor
    two Governors at one time I don’t think
    that’s possible is it possible I don’t
    think that’s possible I see what y’all
    doing y
    [Laughter]
    SM got you somebody be Senator then then
    yall gonna switch oh my God you never
    know you never know you never know stay
    tuned stranger things have happened stay
    tuned alert for real all right yo we are
    going be good to other uh love is love
    see you weaponize your audience and get
    into
    [Laughter]
    office got my own district for
    real all right y’all peace

    In this episode of Market Mondays, we dive deep into the latest market dynamics and corporate news! 🚀

    1. **Samsung vs Apple:** Samsung has now surpassed Apple as the world’s top smartphone provider, with Chinese companies Xiaomi and Transsion also gaining market share. What does this shift mean for the smartphone industry and consumers alike?

    2. **Google’s Layoffs:** Another round of layoffs has been announced by Google. We’ll explore the implications for the tech giant and its workforce.

    3. **Dividend Stocks:** Unpack the allure of dividend stocks and why they remain a staple for income-seeking investors.

    4. **Meta and Google Collaboration:** Meta teams up with Google, but what does this mean for the tech landscape?

    5. **Morgan Stanley’s Picks:** We’ll discuss Morgan Stanley’s top picks for the upcoming quarterly earnings. From LAZ to AMZN, which are your favorites?

    6. **Market Predictions:** David Brady issues a stark warning about a potential market crash. Could the markets really plummet by 30%? We analyze this prediction and discuss strategies for navigating such a downturn.

    7. **Amazon’s Growth:** With Amazon boasting $180 million Prime members, we look at other retailers that could complement your investment in Amazon.

    8. **Investment Tips:** What’s the futures tip of the week? Plus, our thoughts on Bitcoin’s return post-halving.

    9. **Reading Corner:** Our favorite books of the month that are a must-read for any finance enthusiast.

    10. **Preparing for Uncertainty:** How can investors prepare for potential black swan events, and what strategies should you consider to safeguard your investments?

    11. **Investment Scams:** We expose some of the biggest scams in investing to keep your finances safe.

    Join us as we break down these topics, share insights, and answer your burning questions. Don’t forget to drop your views in the comments!

    **#MarketMondays #Investing #Samsung #Apple #Google #Meta #MorganStanley #Amazon #Bitcoin #FinanceTips #InvestmentStrategy**

    36 Comments

    1. Apple Music is why Apple bought beats. Beats owned a streaming platform that Apple wanted and turned it into Apple Music. And then they kept the headphones as the “sports line” of AirPods.

    2. I think Google will be fine with cloud, AI, YouTube, search engine, advertising, phones and a mountain of cash. Maybe not the same level of growth but they should still have solid returns over next decade.

    3. Great content! Takeaways have $10K plus aside in the brokerage account, be aware of black swan events, be innovative in business. Thanks guys!🫶🏾🫶🏾🫶🏾

    4. YouTubes days are numbered was crazy talk 😂😂 I get it tho…. but I don't see it. if anything they get better. they could pay creators better tho. I hear that one 💯💯💯💯. YouTube could buy brick and mortars and start clubs

    5. im still irritated about Google selling domain space to square but we'll see if things are managed better, but im concerned for prices increasing

    6. Im listening to this with some brand new Dre beats (over the ear) my 5th pair…. they brake you lose one. I stepped on one. they go well with Sony phones 💯💯💯💯

    7. Investors with a long term view are well positioned for the ultimate recovery because they understand that the market and economy will eventually revive. I'm doing great personally and will keep pushing hard in this wild market. Right now, my portfolio is up 43%. I'm going to take a backseat and watch how this all works, gradually adding more stocks.

    8. You guys are missing the biggest elephant in the room the cost of the iPhone is ridiculous for what you get, also there is no eco system locked down. I am from the UK

    9. Wow…. I am blown away by this presentation. I was an insecure 59 year old, in January 2018 when I started buying Bitcoin/crypto. Everyone though I was irrational. Most still do. I put my income and savings and watched the value drop each month but for some reason really believed in Bitcoin and alt coins/blockchain even though I don't totally understand. Finally, the crypto market started turning around and I am astonished at the value of my crypto currency portfolio today. I engaged in active trading and managed to grow a nest egg of around 2.3Bitcoin to a decent 24Bitcoin….At the heart of this evolution is Francine Duguay, whose deep understanding of both cryptocurrency and traditional trading has been instrumental. Her holistic approach to investment and commitment to staying abreast of market trends make her an invaluable ally in navigating this new era in cryptocurrency investment.

    10. Glad you said create different type businesses. We go towards the things that seem cool and shy away from things that seem “difficult” and tech. All these billionaires and i am not aware of any black business thats not dealing with entertainment or fashion

    11. Hey EYL / Ian Dunlap, Great show… Troy / Ian, you guys need to let Troy finish his sentences & thought even though there may be an indifferent of opinions…. We the audience would like too hear his perspective too w/out interruptions, he makes some constructive points!!

    12. Your takes on Google are bad. They do have many other products and kids do still use Google, it's by far the best search engine. YouTube is also not going anywhere, there aren't any other platforms that come close.

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