MM #246: Wealth Blueprint: Stocks for Next 10 Years, S&P 500, Bitcoin for Kids & Palantir ft John Hope Bryant

Summary

Market Mondays: MM #246 – Wealth Blueprint: Stocks for Next 10 Years, S&P 500, Bitcoin for Kids & Palantir ft John Hope Bryant

Release Date: February 11, 2025

Hosts:

• Ian Dunlap – Stock Market Expert
• Troy Millings – Co-host
• Rashad Bilal – Co-host
• Guest: John Hope Bryant – Entrepreneur, Philanthropist, Financial Literacy Advocate

---

1. Super Bowl Insights and Team Performance

Timestamp: [01:28] – [03:37]

The episode kicks off with the hosts celebrating the recent Super Bowl victories, specifically congratulating the Philadelphia Eagles on their triumph. They commend players like Jalen Hurts and Saquon Barkley for their outstanding performances.

• Troy Millings: "Shout out to Jalen, man. Shout out to him. Obviously Saquon coming over from New York to Philadelphia to see him win like that is dope."

• Ian Dunlap: "Shout Chelsea, go back to the Bronx High Taper Fade Cadet, LA porno. LA."

The discussion highlights the strategic gameplay that led to the Eagles' success, drawing comparisons to other successful teams like Tampa Bay.

2. Stock Market Strategies for the Next Decade

a. Palantir and the Defense Tech Sector

Timestamp: [10:00] – [17:56]

The hosts delve into Palantir's impressive performance over the past 18 months, noting its significant stock price increase from $20 to $116 within a year. They discuss the company's role in the defense technology space and its potential for future growth.

• John Hope Bryant: "Palantir has been on a rampage over the last 18 months. Great earnings went up like $20 after that earnings report that it had."

• Ian Dunlap: "The AI defense space is a space that's going to grow over the next eight to ten years for sure. They are the leader as of now."

b. S&P 500 Outlook and Hyper Concentration

Timestamp: [15:08] – [23:49]

The conversation shifts to the S&P 500, where John Hope Bryant references a Business Insider report predicting five years of dismal returns due to high concentration among the "Magnificent Seven" stocks. The hosts debate the implications of this concentration and emphasize the importance of staying invested.

• John Hope Bryant: "The S&P 500 is due for five years of dismal returns ahead... It's too concentrated amongst the Magnificent Seven."

• Ian Dunlap: "If you miss the 10 biggest days investing into the market, you could lose half of your gains for that year or decade. So stay invested."

3. Investment Diversification and Portfolio Building

a. Diversification Recommendations

Timestamp: [19:33] – [25:11]

Ian and Troy discuss the necessity of diversifying investment portfolios to mitigate risks associated with market volatility. They recommend a mix of S&P 500 funds, tech stocks, real estate, and cryptocurrencies to balance potential returns and risks.

• John Hope Bryant: "The S&P is a long-term hedge. It's a relatively safer bet."

• Troy Millings: "Diversification is key. Don't put all your eggs in one basket."

b. Bitcoin for Kids

Timestamp: [27:31] – [29:08]

John Hope Bryant introduces the concept of investing in Bitcoin for children's future education, arguing that despite its volatility, Bitcoin offers superior long-term returns compared to traditional 529 plans.

• Ian Dunlap: "If you can handle the volatility, Bitcoin is a better return over a five or ten-year period than a 529 plan."

• John Hope Bryant: "I already started investing for my son in Bitcoin because it's the future of technology."

4. Financial Literacy and Credit Scores

a. Importance of Credit Scores

Timestamp: [93:43] – [114:36]

John Hope Bryant emphasizes the critical role of credit scores in financial stability and wealth building. He discusses how improving one's credit score can open doors to better financial opportunities and reduce reliance on predatory financial services.

• John Hope Bryant: "Moving Your credit score 100 points is as life-changing as finding God or love."

• Rashad Bilal: "Credit scores are self-empowerment at its height. Fix it yourself to gain control over your financial destiny."

b. Operation Hope's Initiatives

Timestamp: [116:25] – [138:44]

John Hope Bryant outlines Operation Hope's efforts to provide financial coaching scholarships and grants to support Black entrepreneurs. He highlights the organization's commitment to fostering economic empowerment through financial literacy and access to capital.

• Rashad Bilal: "Everyone listening gets a thousand-dollar coaching scholarship to improve their credit score and financial standing."

• John Hope Bryant: "Our mission is to become the Starbucks of financial inclusion, providing accessible financial education and resources nationwide."

5. Guest Segment: John Hope Bryant

Timestamp: [99:50] – [138:44]

John Hope Bryant shares his insights on wealth building, emphasizing the importance of financial literacy, credit management, and strategic investment. He discusses the systemic challenges faced by the Black community in achieving economic prosperity and presents actionable strategies to overcome these barriers.

• John Hope Bryant: "Financial literacy is now the civil rights issue of this generation. It's as important as the right to vote."

• Rashad Bilal: "Entrepreneurship is not just about making money; it's about building wealth in your brand, reputation, and community."

Bryant also offers Operation Hope's financial coaching scholarships to listeners, encouraging them to take proactive steps toward economic empowerment.

6. Key Takeaways and Final Thoughts

Timestamp: [138:45] – [141:57]

In the concluding segment, the hosts reinforce the episode's main themes: the importance of staying invested, diversifying portfolios, prioritizing financial literacy, and leveraging opportunities for wealth building. They encourage listeners to remain focused on their financial goals, avoid distractions, and continuously seek knowledge to navigate the evolving economic landscape.

• Ian Dunlap: "Stay hungry and focused on your goals. Never let your achievements block your vision."

• Troy Millings: "Create your plan, surround yourself with mentors, and execute diligently."

• John Hope Bryant: "Build your own table by mastering financial literacy and investing wisely. Don't rely on others to provide your seat."

---

Notable Quotes

• Ian Dunlap [13:27]: "Lesson of the week. Better to listen than criticize."

• John Hope Bryant [16:34]: "The S&P 500 is too concentrated amongst the Magnificent Seven, leading to subpar future performances."

• Ian Dunlap [23:49]: "If you miss the 10 biggest days investing into the market, you could lose half of your gains for that year or decade. So stay invested."

• John Hope Bryant [27:31]: "Investing in Bitcoin for your kids' future education offers superior long-term returns despite its volatility."

• John Hope Bryant [93:54]: "Buying a home you can't afford is the biggest financial mistake people make."

• Rashad Bilal [114:36]: "Operation Hope is the largest Black male-founded community-based nonprofit in American history, investing $4.5 billion to empower communities."

---

Conclusion

Episode MM #246 of Market Mondays offers a comprehensive discussion on strategic investment in the stock market, the implications of market concentration within the S&P 500, and the potential of companies like Palantir in the defense tech sector. The hosts emphasize the importance of diversification, financial literacy, and proactive wealth-building strategies. Guest John Hope Bryant enriches the conversation by highlighting systemic economic challenges and providing actionable solutions for financial empowerment within the Black community. This episode serves as a valuable resource for investors seeking to navigate the complexities of the modern financial landscape.

Transcript

[Ian Dunlap]

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[Rashad Bilal]

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[Ian Dunlap]

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[Rashad Bilal]

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[Troy Millings]

We are back. Happy Monday, y'all. Happy Monday. Happy Monday. It was an eventful Sunday.

[Ian Dunlap]

It was.

[Troy Millings]

We are here a lot to talk about for sure. Shoddy. How's the kingdom?

[John Hope Bryant]

Good.

[Troy Millings]

Kingdom's good. I mean, the people ask. They want to know if the kingdom is still in place.

[John Hope Bryant]

Two Super Bowls in three years. Congratulations to the Eagles. First. First helmet. They got a Super bowl, so.

[Troy Millings]

Second, they beat the Patriots in 2018. 2019. Jalen hurts his first Super bowl win.

[Ian Dunlap]

Yeah. Happy for him to say Quan AJ Was cooking. Oh, my God.

[Troy Millings]

Shout out to Jalen, man. Shout out to him. Obviously Saquon, you know, coming over from no place here in New York to. To Philadelphia, to see him win like that is dope. It was. It was a dominating performance, man. It was a dominating performance.

[Ian Dunlap]

Yeah. I was shocked.

[Troy Millings]

That's what it followed. A blueprint. If they literally followed what Tampa did, verse for sure a few years ago where it's just like have that front four that can dominate and the rest you can figure out.

[Ian Dunlap]

What. No blitzing is crazy, though.

[Troy Millings]

No blitz is crazy. Yeah. And this does. That's why I said that. There's no question about the greatness of Patrick Mahomes. He's still the the best player in the NFL. There's no denying that. The fact that he's playing in the super bowl five out of six years is incredible. And like he said last night, they will be back.

[Ian Dunlap]

Next year. Now, y'all, that boy got a chip on the shoulder this off season. Yeah.

[Troy Millings]

Stop questioning Jalen hurts, man. Stop questioning that guy, man. He's played in two Super Bowls and he's performed at a high level, man. Shout out to him.

[Ian Dunlap]

Shout Chelsea, go back to the Bronx High Taper Fade Cadet, LA porno.

[Troy Millings]

The fit look crazy. That was over with. He went John Ultra, John Travolo on the fit. Now I look crazy.

[Ian Dunlap]

Come on, my boy. You got one or two more seasons left for Taylor Leu. Get it. You better get it. When your baby get booed and you ain't playing well.

[Troy Millings]

Lucian gonna call her.

[Ian Dunlap]

Hey, get rid of it.

[Troy Millings]

Hey, shout out to you Eagles fans. I. I could. I could support them winning, but they fans be crazy, man.

[Ian Dunlap]

For sure. He from Philly. Yeah.

[Troy Millings]

Shout out to y'all.

[John Hope Bryant]

Salute. So, yeah, you know, a lot going on in the world.

[Troy Millings]

Yeah.

[John Hope Bryant]

Market Mondays. We got a lot to talk about. We're gonna be this blackout. Wednesday, 10:00. Tune in.

[Ian Dunlap]

Yes.

[John Hope Bryant]

10:00 Eastern Standard time on Wednesday. Blackout. We back Thursday at 6:00. We got owner of say Less. Dara. Say Less is New York. And actually it's perfect timing, too, because they always do the activation for All Star Weekend. All Star Weekend. We will be out there in the Bay Area, San Francisco. We're gonna be out there. Holla. We got the G League partnership. Shout out to the G League. We going back to defend our crown. Year two. We have a team. We have a team in a G League All Star game.

[Troy Millings]

Yes.

[John Hope Bryant]

Tap in, please.

[Troy Millings]

Tap in. Say again.

[Ian Dunlap]

Yeah. Y'all broadcasting?

[Troy Millings]

I think so. I think.

[Rashad Bilal]

Okay.

[John Hope Bryant]

I think so. You might see us. That's a fact.

[Troy Millings]

It's a fact. Tapped into that.

[John Hope Bryant]

Broadcasting it. So shout out to the G League good folks over there and then everybody All Star. And you deserve to be rich. Don't forget. Do remember New York Times, for sure.

[Troy Millings]

Yeah.

[John Hope Bryant]

So get your copy of you deserve to be rich. It's the book that has changed. Changed the game. Yeah. In many. In many ways. I sent some to some. Some. Some inmates on the inside. So they said it's been circulating in the jails. It's becoming very popular on the inside.

[Troy Millings]

So fire.

[John Hope Bryant]

It's. It's one of these things. It's spreading like wildfire. So definitely get a copy, read it and then implement it. You Deserve to be rich out right now.

[Troy Millings]

Yeah.

[John Hope Bryant]

In all. On all platforms.

[Rashad Bilal]

Yeah.

[Troy Millings]

That was crazy. So I was taking out the garbage this morning, no joke. And this woman rolls up on me, rolls the window down. It was like, amazing book. I'm looking at it like, huh? She was like, oh, I work for Penguin Publishing. She was like, I'm part of the sales team. She's like, I opened the book and looked and I said, that's my neighbor. That's my neighbor. So shout out to everybody. Shout out the entire publishing teams, the entire rollout, everybody that made this. This possible. New York Times bestseller is not something to sneeze at. People can write books their entire lives and never reach that list. To do it out the gate is incredible. This is just the first one, man. So we appreciate all the love and support, Keep copying it, and make this the new blueprint for how we build wealth in our community in all communities. Really.

[John Hope Bryant]

Sure. For sure. Carnegie Hall. Get your tickets to that.

[Troy Millings]

Yeah.

[John Hope Bryant]

February 27th, we back Carnegie Hall. Robert Smith, CEO of Louis Vuitton North America. We got the legendary Rakim performing with a live orchestra. It's going to be a night to remember. So go to our Instagram. All the information is there. But I'm get your tickets to Carnegie Hall, February 27th. One night only. New York City dress to impress.

[Troy Millings]

That's a fact. Market Mondays, fans. February 27th. Y'all know what day that is, man? That is the boy birthday. So make sure perform.

[Ian Dunlap]

And then after party kill.

[Troy Millings]

Yo, he went crazy.

[John Hope Bryant]

Shout out to Saquon. And happy birthday to my brother Taylor.

[Troy Millings]

Yeah, Chuck. What up? Happy birthday, boy.

[John Hope Bryant]

Birthdays today, man. So, yeah, you know Aquarius season is in full effect.

[Ian Dunlap]

Yeah, yeah.

[Troy Millings]

Shout out to Chuck, man. Shout out to baby. So all those mini movies that you've seen come from. Earn your Legion, man. Our boy Brandon put that together. I know his birthday was Friday. Happy birthday to be just my guy.

[Ian Dunlap]

Yeah, yeah, yeah, yeah.

[Troy Millings]

And Fee Fee, Happy birthday to Felicia. Birthday tomorrow. All our February babies shout out to y'all. We love y'all. Home team. First y'all notice we do this?

[John Hope Bryant]

Yeah, for sure. So happy birthday to my nephew. His birthday's on Saturday also.

[Troy Millings]

Which one? Yeah, Lamar. Happy birthday, my boy, Ian.

[John Hope Bryant]

Any announcements?

[Ian Dunlap]

Happy birthday to my brother AJ Moye. Let's keep the birthday going. And my God. Yeah. Congrats to Drew for his win. I'll tell my guy. Give him a shout out if they won and they won. A dominant fashion. If you want to get rich from investing into the market, go to Ian invest.com stock club call will be tonight after market Mondays over 120 different prices of where to get in, where to get out. If I made you money, please put yes in chat and more to come. Shout out to my Red Panda sports family where we turn players into owners one game at a time. If you are a player agent and want to get rich from investing in the market, contact me. I will see y'all on the 27th and some other dates and some other announcements are coming soon.

[Troy Millings]

Reach chill.

[Ian Dunlap]

Shout out to my Red Panda family. Love y'all. Run it up. And congrats to Saquon and AJ And Jalen. I'm happy. And agent Nicole. We got interviewed.

[Troy Millings]

So shout. Shout out to them. I'm glad you said that. Shout out to Nicole, who was a super agent. Shout out to the whole the clutch sports team. Nicole Lynn is the head over there and yeah, she got Jalen his deal, which at the time was the highest contract for a quarterback in NFL history. So yeah, look at that, man. Hard work and dedication. Shout out to Nicole. All right, y'all know how this works, man. Do your own research. Our content is intended to be used and must be used for informational purposes only. It's very important to do your own analysis before making any investment based on your own personal circumstances. You should take independent financial advice from a professional in connection with or independently research and verify any information that you find on our show and wish to rely upon what. For the purpose of making an investment decision or otherwise, please continue to do the research. Share the research. Show Love to where you got the research from? Build community. Let's build wealth. Let's build our brokerage accounts together. Yeah. I love his love.

[Ian Dunlap]

Send us a love to my boy Rashad. We getting them next year. Yo, I'm gonna jump on the bandwagon who we need to get off season.

[Rashad Bilal]

Wait, who are we?

[Troy Millings]

You a tease fan now?

[Ian Dunlap]

No, but I do support Patty now.

[Troy Millings]

Pat, I respect greatness, man. I'm never gonna say he's not here.

[Ian Dunlap]

Yeah.

[John Hope Bryant]

So we gotta start with a company that we didn't talk about last week. Pelletier, Pellet, Palantir. Palantir has been on a on a rampage over the last 18 months. Great earnings went up like $20 after that earnings report that it had. And you know, a lot of people have been asking about our thoughts on Palantir. It's 52 week high almost currently, you know, a company that went from 20 to 116 in one year. So how long can this can this last in this Palantir company that you missed the boat on or is it still some room?

[Ian Dunlap]

No, I think it's still room to grow. It's Black History Month, so we gotta send some praise to Alex. Alex Corp. Yeah. Like, oh, CEO doesn't get enough credit probably because of the Nvidia boom. And that's the only reason why I wasn't the biggest on it. But you can't argue with the production. We've talked about it a couple months ago. There's some, there's a few people with Market Mondays at the Mastermind who showed me the portfolio when they got in on a price that I call but has a lot more room to run. I think the AI defense space is a space that's going to grow over the next eight to ten years for sure. They are the leader as of now. I think when Anderil goes public, eventually they will uproot Palantirs being number one. But for right now, they are the king of the hill. You can't argue with the returns. Like you said, they went from 20 bucks and currently at 114, it's more room to go wait for a pullback. If we get anywhere in the, I don't know, let's say 104 range, sub 100 range. I love it. And if you go to Ian invest.com, i'll give you the prices of where to invest in Palantir. Three different prices. But it's a solid company. They're here to stay. It's not a fly by night company at all.

[Troy Millings]

They're definitely here to stay. We, when we talked about defense, it's like a new genre, right? Yeah. And so we spoke about this when we came back from Davos. We told y'all the company, we sat inside of Palantir and we said, look, what they're about to do hasn't been done and maybe we should be worried. But they're in a space where most people don't talk about. So yeah, defense tech is a thing, but they have a software lead. Right? So I know you don't like talking about Salesforce, but when we talk about AI and software, even if you look how Salesforce has performed over the past year, it's nothing to be sneezed at. Palantir obviously has performed a lot better, but those two are leading in the AI software department, right? So we talk about connectivity, we talk about power, we talk about energy, we talked about servers and cooling. But like the software space is a space too. That's why I call it an AI revolution, because inside it, there's going to be a lot of subcategories and sectors that are going to thrive. Right now, Palantir has taken a lead in software. Salesforce is right in that mix and it's not going anywhere. Right. If we're talking about making sure that we're protected, as if AI is going to continue to be the story. The number one thing we talked about, cyber security. This is. This is part of it. The thing is, with balance here is number one, and we spoke about this last week. I think you guys talked about on Blackout is like government contracting.

[Ian Dunlap]

Yeah.

[Troy Millings]

Like, we're looking at where money's coming from, how these companies making so much money, how they're growing so fast. Government contractor is one of those things that Palantir kind of relies on and has done a great job. So the way that we're going to defend ourselves anymore, like I said, it won't be as much tanks and arms. It won't be. I mean, you're going to have to have boots on ground, but defense tech is going to be the way. And Palantir has the software right now in the lead. So, yeah, definitely a company that has some more. Some more room to grow.

[Ian Dunlap]

Lesson of the week. Better to listen than criticize. The same time when y'all, they sold their soul going to Davos, you could have turned 20 grand into 100 grand. Now listen, they literally came and reported. Other channels didn't do that. Literally came from down off the mountain and told you, yo, this next they said they went to the economic forum in Davos and they did a blood ritual. Your accounts in the red, my boy. You should have listened when it came back and told you, like, what else do you want? Yeah, it's all cool to have the conjecture online, but then when you get to the end of the year and them games ain't gaining, how they should have listened.

[Troy Millings]

Yes. Sometimes being on the ground, you get to put your eyes on the things. Right. So companies you weren't even thinking about. Right. Sales, all these companies that we're talking about, we saw them, they had activations there. So if they weren't thinking about them automatically, it's like, now I have to pay attention what they're showing up in these places where the most influential people in the world are meeting in terms of capital. There's a reason they're here. There's a reason here. So, yeah, it's one of those things.

[Ian Dunlap]

Yep.

[John Hope Bryant]

Well, speaking of that, so Business Insider put a report out yesterday. I don't know if anybody saw it, but it said why the S P500 is due for five years of dismal returns ahead. And I was pretty much saying it was basing off of historical trends that have happened. Yeah, pretty much saying that it's too, it's too concentrated amongst the Magnificent seven. And when we've seen this level of concentration at the top before 1929 and 1999, it was followed by subpar performances from the S&P 500 and better performances from like middle, middle stocks, like yeah, 30, 30 to like 70 on market cap as opposed to the top 10 market cap. So it was saying based off of historical data, high concentration, that Magnificent seven will is due for a fall and that in return that would negatively impact the S P 500. And, and this is something that even before the last year, I think one of these firms have put out saying that we're going to see 3% a year for S P 500. Yeah, they have. They have reported that the S P 500 was going to have like low, low growth for the next 10 years actually. So the S P500. Is this something to be concerned about if you're invested in the S P 500?

[Ian Dunlap]

Yeah. And as a person who loves hyper concentration, even the strategy I gave up for free to tech, to indexes, hyper concentration. That is great. When you see an incumbent leader about to come in and take over, you don't want to invest in that at the top. But what I do know, like going back to stats, if you miss the 10 biggest days investing into the market, you could lose half of your gains for that year or decade. So stay invested. The S P is going to recalibrate. They're going to take out the companies that are underperforming. The difference between 99 and now though, there's a lot of pressure on these companies to innovate because the country literally needs it like that. They I keep saying I'm investing into the companies that move the gdp. Microsoft, let's take Palantir, Nvidia, Oracle. They're building real infrastructure that matters. Yeah, it's not just cute software apps anymore and chat bots and stuff. They're building things that we really need. I think we're going to see a wave even in, in Lily. We're going to see companies innovate more into things that we actually need. Opposed to just connectivity, which was the last decade. But hyper concentration is only good if you're there early. If you got there too late, it isn't the best strategy. But hold for the long term, no matter what.

[Troy Millings]

Yeah, it brings up the thought of like 99. We're talking a dot com bubble. And I know the word AI bubble bubble is kind of cliche, but it's tough, right? If, if this bubble pops, you're talking about the entire economy. We're not just talking about semiconductors, you're talking about energy. You're talking about every max heaven. You're talking about. We just AI software, we just talked about defense tech. All those industries will be affected. And so will it have a pullback? Will it have a correction? For sure, for sure we'll have a correction. But that's part of it. I mean we've seen that in 2022. We saw a correction and we saw what was on the other side of that. Right. And it was interesting. We, we were just listening to a commentation. They were like, look, never let people trick you out of your position.

[Ian Dunlap]

Never.

[Troy Millings]

Right. So sometimes these articles get over sensationalized to trick people out of their positions and so that you never invest. And so if you keep that mentality and you read the headlines and saying hey, it's going to be down for the next 10 years, I shouldn't start, or hey, there's going to be a recession this year, I shouldn't start, then you'll never start. Yeah, that's why it's important to read the headlines but make your own educated decisions based on it. Listen to this show. Obviously we're giving you information on a weekly basis that not only are we implementing, but the vast majority of the audience is implementing. Don't get tricked out of your spot. Right. These are the companies, they're going to be here. S P pulls back, they'll still be here. S and P thrives. They'll be a major part of it. Right. We talked about how weighted Nvidia, Apple and Microsoft are inside of the S P. So don't get tricked out of your spot, stay invested.

[John Hope Bryant]

And then also you got to be diversified too because you know, went down a rap.

[Ian Dunlap]

But the diversification is in the S.

[John Hope Bryant]

P. Yes, it is. But also the S and P is a long term hedge. I look at the S and P like a, like a savings account account. Like you know, it's, it's better than having your money do nothing. Right?

[Ian Dunlap]

Sure.

[John Hope Bryant]

So you have to have a portion of your portfolio that's some level of protected, even though, you know, technically nothing is protected in the stock market. But it's just, it's a relatively safer bet. Right. Like it's A safe bet. So if it's like okay, if you're looking at from that standpoint, the risk reward ratio in the S P500 over the next 10 years is, is still no matter even if it's low rate of return is still safer bet than putting money into a bank account. Right. So like if this gives 7, 10 over the next decade, that's not something that you know, you might be overly enthusiastic about, but it's better than returns that you would get just from bank account. Then if you look okay, now you got diversified as far as having there are going to be stocks that's going to outpace the S P500. Right. Most people think the AI technology sector that's been leading. So you look at Nvidia, Microsoft, AMD, TSM, SMH, stuff like that. So if that does 15 to 30% now you have outstretched that as far as you got to have crypto, that was his 20 to 40. If you look at Bitcoin, just the bitcoin alone just then you add any Ethereum. But that's a higher risk reward ratio because that's a lot more volatility, right? Yeah. Then I mean real estate, you could probably expect 8%, 15%, that's more cash intensive. But that's another place to, to put money. Then you got to look at bonds, I mean bonds, you're looking at probably 4 to 8%. So that's on the lower side of things if you like a very conservative investor. So if you look at the allocation of you, you, you mix it. But you got to have crypto, that's important because that's going to give you outstretched rates of returns, but it's also going to be extremely volatile. So if you put your whole thing in crypto, that's, that's the part that can become tricky because if you actually need the money or if you have a tremendous downturn on it and you lose 40% in one year, that's harmful.

[Troy Millings]

Yeah, that's tough.

[John Hope Bryant]

So if you have the index, the tech, the bitcoin, the real estate, health care, now you put together the portfolio, now you have it. So you have to take things in consideration. It's if it, even if it is lower, like I said, I mean how you look, how you should look at The S P500 is more of a safety net anyway. So you're not really looking at it like if you can get 50, that's great, but you're not looking at it like it's going to give you 50 every single year. That's that's kind of setting yourself up for disappointment.

[Troy Millings]

Yeah. And I don't even think you need to have 50 a year. Like, it goes into that mindset piece, like, kind of like to what you're saying. It's getting seven to 10 a year. We should be like, yes. Like, yo, that's great. That's amazing. We had a great year. It's just that over the past five, we've seen things go way outside those boundaries. But your savings account is doing 0.03% a year, and your high yield savings account is giving you 4.5% a year. And you're fine with that? Like, you're completely fine with that? No sneezing. You don't question the bank. You're just like, all right, well, it's better than being nowhere. When you get 7 to 10% from the S P, it's like only. Only 7. Only 10.

[Ian Dunlap]

Yeah.

[Troy Millings]

Last year was 25. The year before that was 24. Right. We should have that same level of enthusiasm on PA like every year. I mean, we used to say 7 to 10, but now the average is going up to like 12 on average, which is like, where else are you getting that? I'll wait.

[Ian Dunlap]

And a quick solution is if the market drops 5 or 8%, that's an easy to buy into those areas, and that's an easy way to outperform the 3% that's expected. Or Lord forbid, if we get sub 15 to buy in then. Or you can go to the Nasdaq for those who want to say S P doesn't dip that far. When Nasdaq dips plus 10%, buy it, hold it, and then you'll be able to make up those gains. But I wouldn't worry about this. The thing I do know about the. The team over at S P Global, and when they in Vanguard, they're going to find the best companies and make the allocation work to get the highest gain. And we'll talk about it maybe later. Especially with Vanguard cutting those fees to eat into the market share of other competitors. Well, how do you make up those fees? Having better returns on VEO V O VTI VGT VGHT. So when a market falls apart 5 or 7%, that's the time to buy to outpace the lower gains. And it's a good time to build a base. If we're flat for four years and we only get 3% return, those are good years to put more money in to load up. So when the market takes off would be a.

[John Hope Bryant]

Okay, yeah, no, that's a good strategy as far as dollar cost averaging but then put more money in on it on the downs.

[Ian Dunlap]

Absolutely.

[John Hope Bryant]

To make up like you said, that's actually mathematically that's, that's in your favor to invest when the market is down more, even more than you would reserves.

[Troy Millings]

That's why we got to have those reserves.

[John Hope Bryant]

Absolutely.

[Troy Millings]

Be ready.

[John Hope Bryant]

Okay. Speaking of Magnificent seven, if you were to make a new magnificent seven that was created, what companies would would be in it?

[Ian Dunlap]

Of course, Nvidia, of course Microsoft. I will put in Eli Lilly. Not publicly traded yet, but we saw the announcement. Eli got to my hat. Starlink let everyone get on the sign up list that was fired and the real will be number five. I will put Palantir in there as number six and then number seven. That seven slot is tough to think about. But if Google can make this quantum chip reality. True Google, I would definitely remove Tesla though. The volatility is too high and you have other assets. Now of course everybody's gonna say bitcoin, but I'm just talking publicly traded equities, not crypto. But if Google can make that quantum chip come to life, they'll have a huge competitive edge in there as well.

[John Hope Bryant]

So, so Starlink, that's, that's, that's SpaceX. So you think that they're going, you think they're going to spin Starlink into a private company?

[Ian Dunlap]

No, I think Starlink, when it goes public is probably going to be the like. If you look at it from a marketing standpoint. They did a lead capture on a Super bowl commercial. Everybody in the nation sign up for it, use Starlink for free for the first month.

[Troy Millings]

Yeah, they, they did the statistics on the commercials based on usage after the they aired. Yeah, it was number one. The T Mobile Starlink commercial was number one. Well played well service everywhere.

[John Hope Bryant]

Well that goes back before we answer this question. This goes back what you said about bitcoin. I saw another article that said parents should start investing in bitcoin for their kids college education instead of 529 plans. Oh, how you feel about that?

[Ian Dunlap]

That's interesting. I never thought about it. Of course, you know, hindsight being 2020 at that 2000-028000-32000 level, it's a better return for sure. But you can't argue with the return of bitcoin. Like it depends if you can handle the volatility though that's only the only thing that I'd be worried about if most parents can handle seeing the savings drop that much. But in terms of return Over a five or ten year period. No question. No, quite. Because even if it slows down, let's say bitcoin just gets you 15, it's still beating the S P. It's gonna beat the NASDAQ on average. It's gonna be a little bit safer. It may not be for everyone's risk appetite, for sure. And maybe there should be like a financial threshold. If you make over 55, 000 is a good investment strategy, but definitely beating the 529 plan for sure. But what do you think?

[John Hope Bryant]

Yeah, well, I already started investing for my son and ibit because I just feel like if we talking about what's going to be the future, for sure, you know, of course technology, but we talk about crypto is going to be the future. So it would make sense to invest if you think that this is going to be the future, it would make sense to invest for somebody that's young for sure. Into the future. Right. Like that's. And then like you said, as far as like the, the outstretched return possibility, I mean you, you don't do the whole entire thing. I think it's a portion.

[Ian Dunlap]

But everyone who wants to know you think will be responsible.

[John Hope Bryant]

10. Yeah, 10. You got, you got to be aggressive with it, with that. And I think. Yeah, I think that's. So it was interesting because I started doing that before I even heard this. But when I saw it, I'm like, yeah, that makes sense. If you want to say that this is the future, you gotta give young people exposure to that. Yeah. Because why not?

[Troy Millings]

Yeah, I'm. I want a different seven. So I want to make sure I don't have the same seven as you. So you had Lily.

[Ian Dunlap]

Oh, okay.

[Troy Millings]

Yeah. Palantir. Yeah. SpaceX. When they publicly traded. Yeah. You had Microsoft in there.

[Ian Dunlap]

Yes. No, Apple.

[Troy Millings]

And you had Nvidia.

[Ian Dunlap]

Yep.

[Troy Millings]

All right, so you left. You're leaving Apple out of this. Yes.

[Ian Dunlap]

See?

[Troy Millings]

Okay. All right.

[Ian Dunlap]

Can y'all unlock my account? Whatever.

[Rashad Bilal]

Yes.

[Ian Dunlap]

Straight off of the slander boy.

[Troy Millings]

So I'm gonna, I want to give it. I'm gonna give a different seven because I had Lily. I had Lily, but I'll remove it. I had a backup just in case you had Lily, so I. I am keeping Apple.

[Ian Dunlap]

Okay.

[Troy Millings]

You didn't have Meta, which was interesting because I thought you would.

[Ian Dunlap]

Oh, Zuck, sorry.

[Troy Millings]

So that's my two. Amazon. Of course, y'all know how I feel about Amazon. That would be my three. Google was four. Nvidia was five.

[Ian Dunlap]

Okay.

[Troy Millings]

And then I have Microsoft, but I Feel like that's too easy, right?

[John Hope Bryant]

It says a new Mag 7, so. Well, those. You said already in Max 7.

[Troy Millings]

That's what I said. You left those, some of those out. But I'm adding. I'm adding new ones now.

[John Hope Bryant]

I think it was the new. I think it was not including companies that's already in the Mag 7. A new Mag 7. Because we know that Mag 7 is already the Mag 7.

[Troy Millings]

I know, but people get replaced. So, like, I'm putting Netflix in there. I'm putting Netflix inside of myself.

[Ian Dunlap]

That's a good pick. That's a. Yeah, yeah, yeah.

[Troy Millings]

I'm putting them inside of my seven, I'm putting Broadcom inside of my seven, and I'm putting TSM inside of my seven. So, like, that's like eight. But I'm putting, though now, tsm, obviously not an American company. All the other ones I named are American. And so you can take that with a grain of salt or however you want to mix that. But I would add. Those would be the ones I would add in. If I had to take some out, I would. I would mix it, definitely. I gotta have meta. I can't not have that in there. Obviously. I gotta have Amazon. Yeah. So I gave you like eight. So Broadcom, I'm putting there. I had Lily. So I. I said, if he says Lily, I'm putting tsm. Yeah, you got.

[John Hope Bryant]

I mean, it's a lot of companies that's already named.

[Troy Millings]

That's. That's kind of tough. Yeah.

[John Hope Bryant]

But as far as mag7, I think Bitcoin, it's not a publicly traded company. But you can't have seven. Yeah. You can't have seven investments without. Once again, if this is going to be the future.

[Troy Millings]

Yeah.

[John Hope Bryant]

You got to include it. And it pretty much is a publicly traded company now because there's so much money coming into ETFs. So Bitcoin, for sure. I mean, of course. Nvidia, TSM, I think that's a great three.

[Ian Dunlap]

Starting with. Boy, you on fire.

[John Hope Bryant]

Yeah. Eli Lillard, you said the healthcare. You know, if we talking about healthcare, the biggest area of the economy, that's only gonna get. That's only going to continue to get bigger. Then like you said, from a defense standpoint, I think cyber security, too, you got. You got to have cyber security company in there.

[Troy Millings]

Who you going with?

[John Hope Bryant]

Crowd strike. Okay, number one, that's important. I mean, I think that it's only going to become more and more important as far as cyber security. You know, everything is all these. These data hacks and all that stuff.

[Ian Dunlap]

Allegedly.

[John Hope Bryant]

Allegedly.

[Troy Millings]

Yeah.

[John Hope Bryant]

Allegedly.

[Troy Millings]

Yeah.

[John Hope Bryant]

Yeah. Palantir is definitely, you know, one of these companies. If you look at defense, you know, you gotta look at, you know, making. They're making commercials for drones and making.

[Ian Dunlap]

That defense tech space sexy. Right?

[Troy Millings]

It's.

[Rashad Bilal]

Yeah.

[Troy Millings]

I mean, something that, you know, people not paying attention to but.

[Ian Dunlap]

Can'T cut the defense spending. Yeah, yeah.

[Troy Millings]

And majority is the one. Like Lily's not Lily is. TSM is. These are trillion dollar companies now for sure. So I know it's like we kind of sneeze at it, which is crazy. Right? Like 10 years ago there were no trillion dollar companies.

[Ian Dunlap]

Yeah.

[Troy Millings]

And now we have like 8 trillion dollar companies with Netflix. Like not far.

[Ian Dunlap]

Not far, far at all.

[Troy Millings]

And we didn't talk about, you know, we could have threw Visa in there. Like that was a wild card I had.

[Ian Dunlap]

Sure.

[Troy Millings]

I always base it on what I think like you guys are going to say. So I'm like, let me just throw some wild cards. I. Visa is a company I'm invested in. But that could be there.

[Ian Dunlap]

Powerhouse.

[Troy Millings]

Yeah.

[Ian Dunlap]

Saudi Aramco as well. I know it's on the Internet.

[Troy Millings]

We all skipped it. I know we all skipped that though. Why did we all skip it?

[Ian Dunlap]

Creeping up.

[John Hope Bryant]

Saudi Aramico. We gotta see the future of oil. And that's interesting too. I just saw something about Aliko Dangote, his oil refinery and in Nigeria and how they saying that he's. He's. He's a legend that is actually getting sabotaged from the Nigerian government. Well, at the highest level.

[Troy Millings]

Oh gosh.

[John Hope Bryant]

And so he's fighting with the. He got infight right now with the Nigerian government. And you know, Nigeria is one of these countries that produces oil. Then send this sends it to Europe to get refined and then sends it back to them because they don't have the refinery. So now it's like they got the refinery. But it's a lot of people that's going to go out of. Not go out of business, but lose a lot of money. Shell one of them and a bunch of other companies. So they saying that these companies putting pressure on the government, paying off the government, allegedly, which is intentionally slowing the development of his. Like he won't even. He went as far to say that I was watching, he was giving a press conference. He was saying like, you know, there's people internally that. That's trying to sabotage it even internally. Like as far as working in this.

[Troy Millings]

Company like this, I'm sure it's crazy. If you watched over the past eight years, let's say the past six years his net worth has gone from 21 billion down, I say down in quotations to 11.6 billion. And a lot of it, a lot of it is the capex that's going into this project. Now this project could make him top 20 wealthiest people in the world. You're talking about going from a country that has to import their oil to a country that could potentially go to, I think when we reported it, like one of the top 10 countries, number nine or eight in the world as far as export. Imagine what that does to the GDP of a country. So to sabotage your own plans, just like it's crazy.

[John Hope Bryant]

Well, it's one of these things, it's crazy man. But it also goes back to political influence because they said like, you know, he always had great relations with all of the presidents, this presidency he doesn't have a good relationship with. I think he backed the other guy. So you got to head your best properly because now, you know, they raided his office, Their, their version of IRS raided his office months ago. So they've been, they've been kind of putting pressure on him for, for like six months now. And it's, it's interesting because the only countries in Africa that's self sufficient with oil is Libya and Algeria I believe he was saying. So he was saying like, you know, as far as his model, he was like they've been trying to do it in other countries in Africa, sub Saharan Africa for years and they haven't been able to do it. So, so if he's able to do it, he'll be the first country really in Sub Saharan Africa for sure to actually be able to refine oil at a high level and not have to import oil from Europe. But I mean, makes no sense to have to make oil then send it to Europe for them to send it back to you. But once again it goes back to leadership. When we talked about what, you know, Torre, a lot of it falls on, on the feet of leadership unfortunately. And it's an exploitive system. So hopefully they can figure that out because that could be something that could not only change Nigeria's future, but the continent. They're not going to let it go smoothly. Of course not. They're not gonna let it go smoothly. It's too much money that, that companies are making. So yeah, anything that, that they can do to sabotage the situation, they will.

[Troy Millings]

This is a 36 billion dollar project. 36 billion, which is, I mean, but it can change the economy for the country and the continent forever. Forever. I just. So I looked up the net worth, you know, like, they do that. You know, Robert Smith is right there. They're, like, almost neck and neck at this point. Robert Smith is on. On pace by the end of this year to be the wealthiest black man on the planet.

[John Hope Bryant]

Yeah, Dave Stewart right now.

[Troy Millings]

No, he passed. They. They just did a new one. Dave Stewart is. I wonder if anybody's ever heard an audio of him speak.

[John Hope Bryant]

I heard. I seen a speech of him.

[Troy Millings]

You saw it? How long ago?

[John Hope Bryant]

It's on YouTube.

[Troy Millings]

I'm saying, how long ago was it?

[John Hope Bryant]

I don't know how long ago, but it was, like, at a Christian university. He's a very devout Christian, so he spoke at some Christian university in Texas.

[Troy Millings]

So, yeah, we're exciting.

[John Hope Bryant]

I saw him speak before. But it's a great business lesson, though.

[Ian Dunlap]

When you're trying to innovate. And this is the lesson of the year, decade that we can learn from Drake. And this applies here, too, when you're trying to innovate and disrupt this system, you got to know who every enemy is on the table. And that's why I always tell you, in order to be able to thrive while you're taking on the empire, you got to pay the vig back to the empire.

[Troy Millings]

The enemy within, always.

[Ian Dunlap]

And then you got to go look at the other countries like, we're not. We'll talk about it one day when we get clearance. G5 certified, all that classified. But China's investment to Nigeria is scary in the pace at which they're doing it.

[Troy Millings]

And so the continent overall, like, we saw it firsthand in Ghana.

[Ian Dunlap]

Insane.

[John Hope Bryant]

So, yeah, it's a lot. It's a lot going on these days, for sure.

[Ian Dunlap]

And it's easier to sabotage from the inside than it is from outside forces. But in combination. Combination, you got to be careful. Got to be careful.

[John Hope Bryant]

Yeah. Yeah. Okay. You see Elon Musk on his. You've been following the South African thing?

[Ian Dunlap]

I have.

[John Hope Bryant]

So that's why even Trump. Trump spoke about it. He. What's your thoughts on that?

[Ian Dunlap]

I want your political expert, political expertise back to you. Rashad, what do you think?

[John Hope Bryant]

Oh, man.

[Ian Dunlap]

Oh, man. For real? Y'all going to All Star next? Just ease up. Y'all don't give it up how y'all used to. A part of chess is not revealing your hand to the world about everything. You think so it could be weaponized against you.

[John Hope Bryant]

That's a fact. Speaking of Trump, he's not disrupting every system. And the market has been on edge for the first couple of weeks of his presidency. So what's three stocks that will thrive regardless of any tariff that's put in place or any decision that he makes while he's in office?

[Ian Dunlap]

Yeah, I'm going to give two classic ones that I've mentioned before. One new one. One is JP Morgan, regardless of him and Jamie's tumultuous relationship.

[Troy Millings]

Smart.

[Ian Dunlap]

The banking sector is going to thrive. They're going to be the biggest beneficiary of. And we can make the argument if you have exposure to Bitcoin, do you need exposure to banking? Not necessarily. But if you want a safer hedge, JP Morgan is one. McDonald's is number two. Given the real estate, even though they're having the issues with getting, like, on demand or foot traffic into the stores, the sales are doing well overall year over year. But the third one is acuity brands. So they do like, lighting and lighting management for corporations. Dominant player in a space. I would kind of compare them to Stryker and Healthcare. It's like a brand inside of an ecosystem that not many people talk about, but those businesses won't be affected. So JP Morgan, McDonald's, Acuity Brands, and I can also make an argument for. For Cava, but those are the three that I'm going with.

[Troy Millings]

Oh, that's my, you know, that's my company right there. Yeah, yeah, yeah. So I'll go again. I'll choose three different ones. So Visa. For sure.

[Ian Dunlap]

For sure, for sure.

[Troy Millings]

And then like I said, when you. When you think about who tariffs affect, obviously goods and services and products, that makes sense, but I'm not sure how that affects Netflix. So that, that's another company I had on here. I had Lily as well. From a healthcare standpoint, when. And even if you watch their earnings report, you know, the demand has gone down, but the, the interest and the innovation that they have coming led their guidance for the future. So I don't think tariffs. Lily, Lily, Lily.

[Ian Dunlap]

Okay.

[Rashad Bilal]

Yeah, yeah.

[Troy Millings]

So, like, I don't. I don't see how the tariffs will, will play a role in, in that. So those would be my, my three. And then I kind of like asterisk put meta on there from a social media standpoint, but the fact that, you know, do they dominate in China? No. Do they exist in China? No. And so I know that those are the tariffs, but, you know, there could be customer bases in Mexico and Canada and who knows, you know, he might be looking at Europe next as this is another, you know, country or continent that we need to look at. So meta, asterisk, but those three for sure.

[John Hope Bryant]

Yeah.

[Ian Dunlap]

Visa, Netflix, and Lily. That's another three.

[Troy Millings]

I'll take those.

[Ian Dunlap]

That's the other big three.

[Troy Millings]

Yeah, I know. The same thing is to say. All right. Just assuming discretionary. Well, it's consumer staples, right? Like, if you read about. It's like, oh, well, PNG makes sense. I'm like, well, they have products and services that have to get shipped and. Yeah, no, I'll take those three.

[John Hope Bryant]

Okay.

[Ian Dunlap]

So, thoughts on Elon? South Africa? No, I'm just joking. But you see, his father's been speaking out. Interesting. The arrow musk said that Elon was not even a fan of Trump eight years ago. His father actually was the one that got him to have interest in Trump, but he cut his dad off for embarrassing the meta Democratic Party. That's why, like financing wars. Well, shoddy love, say, it must be two sides. You better finance both sides in business, if you're going to go to war, you got to finance both. Otherwise, leaving a lot of risk on the table. So don't give your commentary on South Africa, Eli. I know it's black history month, y'all, but we want to be here for the long haul. Going to be here for the long haul.

[John Hope Bryant]

So Trump said on Sunday that he will announce 2025 tariffs on all steel and aluminum imports into the U.S.

[Ian Dunlap]

Are we tired of the tariffs already? Like the executive order? Just like, you know when people, like, go through the heartbreak and they, like, block everybody they used to know. Right. I'm over the terrorist thing. Will I have a short term. I'm glad that U S Steel decided to go a certain route and not be sold off. And they're doing a partnership with Japan. Great. But I don't think all these tariffs are going to wait. Work out the way that his team believes they will. I know. You know, as a result, the market moved around a little bit, but I think in three months, two months, we won't even care about the story at all. For all of you who are worried about U. S. Steel and the price of steel and aluminum.

[Troy Millings]

So just like, yeah, block everybody. Until you were like, oh, wait, I didn't mean to block you.

[Ian Dunlap]

My fault, My bad, My bad.

[Troy Millings]

Sorry. My bad. I. I was tripping. Yeah. It's like, we've explained what the tariffs are. It's just like a new day. Who's the target?

[Ian Dunlap]

And if you overuse a weapon at some point, that's not as effective as it was when you first wielded it.

[Troy Millings]

Yeah. And especially like we. It was like Canada. It's Mexico, it's China. Then it's like, oh, no. You know, we got 30 days to figure this out. We got 30 days to figure this out.

[Ian Dunlap]

Yeah.

[Troy Millings]

Tick tock. We're gonna ban it. All right. We got 90 days to figure this out. It's like, yeah. It starts to lean on you. Like, is something really gonna happen? It kind of loses expectance. The point is, he isn't. It doesn't feel the same way as when you first heard the news of it.

[Ian Dunlap]

Big investment lesson, though. You have to know the temperament of the president that you have in office. When you know that Trump has leaned towards being a transactional president. There's weaknesses in that and a strength in that. But when being strategic, especially when you have bricks, the AI revolution or AR race is really important. You can't have a lot of transactions or that be the focus. You have to think very long term. Even past his tenure, even though he. I'm sure he's trying to find a way to be in office forever, there's a lot of weaknesses in a transactional leader. You have to think about the long term. So the tariff thing is like, if we have fatigue from it. And even Sean Bomb has said, like, okay, we don't need a lot of your materials. Like, we can partner with the other countries. Like, they're the little brother of that bricks alliance. It's better to get along.

[Troy Millings]

Yeah.

[Ian Dunlap]

While our debt is at the highest it's ever been for our country. So.

[Troy Millings]

Yeah. So you're going to charge tariffs for the. For the importing, which would inversely make people, I guess, domestically. U.S. steel would be something that obviously you'd have to have more for. And for infrastructure, you need it. So I guess that idea is kind of like, let's make America first, so let's use our steel and not shipping out or have any come in, which.

[Ian Dunlap]

I like the premise, but the execution of it is poor.

[Troy Millings]

Yeah, yeah, yeah. It's just like some of these ideas are they. Who's thinking them out before we tweet them?

[Ian Dunlap]

Or we're just saying, coordinator of the Kansas City Chiefs. Get your ass fired. What's his name? Lewis, man and goatee. Whatever. April, wrap it up. Go to the locker. Pack your up. Call it a day. What happened? Y'all wasn't protecting Pat at all. Y'all was in New Orleans. Yeah. You know, I mean, what's that?

[Troy Millings]

They got three pros. They got three old pros on the line, bro.

[Ian Dunlap]

It was all proing before the Super Bowl. It looked like, man, what oh, man.

[John Hope Bryant]

What do you feel about. So Trump's. Trump's media company plans to drop launch a bitcoin etf True social, making it the first US President to introduce an etf. So not an ETF based around companies, but a bitcoin etf Big bitty.

[Ian Dunlap]

I took when he launched that meme coin and y'all let him get that off. I said, the next market Mondays, you know you're gonna do an ETF right now if I'm Trump. And I'll see Michael Saylor get on the COVID of Fortune. Forbes, Forbes, Forbes. Excuse me. Shout out to MicroStrategy and the. The rebrand y'all doing. I don't know. Big Two was like, if he can do it, I can do it.

[John Hope Bryant]

Cool.

[Ian Dunlap]

So if, if. And it's. It's evil and smart at the same time to take a group that is so fanatical they'll support anybody who is behind that product. But it's crazy to think that he wouldn't launch this and there's nothing anyone can do about it. And it's going to work because everyone who's a bitcoin maxi doesn't care about politics more than they care about the gains. They're going to support the hell out of this and it's going to make Donald Trump richer. The media side, it's actually an evil, brilliant plan.

[Troy Millings]

It's. Yeah, it's worked. I mean, he's already done it, right? Like, I don't know anybody that has true social. Anybody that used true social. But I did watch the stock run up. I did see it pull back. I did see him make 8 billion from it. So let's.

[Ian Dunlap]

Michael did when that company was failing.

[Troy Millings]

What? Yes. You just kind of glaze over that. That. That's changing the name. Like, it's no longer MicroStrategy anymore. Like, yeah, revamping it. We're gonna rename this whole thing Strategies Destiny. That's not micro. About this, pause.

[Ian Dunlap]

Shout out to Mike for getting that off. And the whole. Yeah, pause. What can you do?

[John Hope Bryant]

We think about the 60,000U.S. Federal government employees that have accepted Trump's buyout offer to quit job so far.

[Ian Dunlap]

I'm not a political expert media trainer. I won't even throw it back to you. But if you want to give your commentary, we need a federal worker or someone in the system to speak on this issue.

[Rashad Bilal]

You know what?

[Troy Millings]

I'll be. I. There was a federal worker who was at the mastermind and we did have this conversation. And outside of saying that every day things change. Every day is something new. Don't go to the office, don't show up to the office. Be in the office. This was one of the topics that, you know, we spoke about and it was, you guys have till September. Like we're going to pay you out till September. And so 6. I didn't know that many people would accept it.

[Ian Dunlap]

That's crazy.

[Troy Millings]

Obviously there's more employees than that that are trying to figure out what this actually means. Can we fight this? Is he even permitted to do this? Which is part of it. But 60,000 is a huge number of what are we going to do now? That's a lot of like. I know it's. I mean people have watched entrepreneurial journeys increase and we've looked at the ADP numbers and obviously that means, you know, people are employing or self employing or playing out employees. That's a lot of people, man. I don't know what the pay is out into that point but like what's. What is the plan? What is the plan? Especially for a lot of people who. That's what they've been doing for the past 10, 15, some 20 years plus. Yeah.

[Ian Dunlap]

And given the eb and flow nature of said president to give grace who says that payhouse stays September if Elon going and be like line cut we can save ex and I mean Meta has layoffs today that's been swept under the rug. A couple other companies have layoffs. Like this is true. This is scary that that many people at one time can be let off knowing that they not may not be onboarded back into the workforce. It's pretty scary.

[Troy Millings]

Yeah.

[Ian Dunlap]

As business owners we know just cutting expenses does not save a company or entity. Sounds Good. Let off 60000 people or 120000 in four years to save company we're 37 trillion in debt.

[Troy Millings]

They said that number might be. That number might not be true. I think Eli was saying that today like the 37 train might not be true because of fraud. I'm like what it gets.

[Ian Dunlap]

I mean everything stripe.

[Troy Millings]

You know, every day this thing gets more interesting.

[Ian Dunlap]

If we're going to be honest. Without quantitative easing, 2000 through 2020 would have been flat. They would have blew up Wall street. Allegedly had to do something. Allegedly just.

[Troy Millings]

Yeah. Has anybody seen like what the compensation was? Like the compensation packages that they were offering for 60000 people to say yes, I would imagine it had to been something that was. I mean I don't.

[Rashad Bilal]

What do you.

[Troy Millings]

Yeah. How do you get 60000 people to say yes to something within a week. What were they offering?

[Ian Dunlap]

Expenses go by fast. Yo.

[Troy Millings]

Quick, quick. Yeah, yeah.

[John Hope Bryant]

So we'll see. Okay, so what companies, who has earnings this week are you most optimistic about?

[Ian Dunlap]

I like McDonald's.

[Troy Millings]

They did well today.

[Ian Dunlap]

Yeah. Shopify, S P Global, of course. App loving Palo Alto, Easy winner. And men Base Medical space. Those are like the ones I love because I know everyone like, yo, I'm tired of you talking about Apple, Microsoft, Nvidia. How can you be tired of a winner? Notice Andy Reid and the owner of the Chiefs didn't let my homes go this morning after the loss. Lesson number two, hold on to your winners for a lifetime. Kelsey, you can let go.

[Troy Millings]

Come on, man.

[Ian Dunlap]

You may need to call Kayla. Whatever. Hating ass.

[Troy Millings]

Yo, shout out to them, man. Shout out to I am Athlete. The new I am athlete. I got. I got a few others too, because I. I've been talking about them for, for a while now. So Vertev will be reporting this week. And so we talked about that company, Cooling Solutions. So Verte, this company, we spoke about when we went to their conference. And this is another one of those things. When we visit somewhere, we always come back and tell y'all they have innovation. Be on the lookout for them. If you haven't been watching what Robin Hood has done since that conference, they are cooking. They're going to be reporting earnings today. We already know how bitcoin has performed. We have seen in the past their correlation to the growth of bitcoin. And so this quarter will have had that run up to a hundred thousand after the election. So I'm definitely interested in. In Robin Hood. Coinbase will be reporting this week as well. Same reasons. Right. During that, that quarter, you. You saw that again this, the election happened and we saw up to a hundred, a hundred thousand for bitcoin. I got Data Dog on there as well. Right. So ddog, when talking about the cloud space, they have had a nice run. And then of course, of course, this is like, this is kind of getting swept under the rug because Nvidia have been pulled back and Broadcom pulled back, but Super Marco is going to be reporting this week. So now we get to finally see these numbers. What has happened? Even them, right? They were down at 19. They've crawled up here to like, Let me see where they're at today. We're up at 36, 32. This is interesting. We're gonna, we're gonna. We're gonna see what Super Michael has in store. So I'm watching All those companies, Vertev and Palo Alto, I actually put in a UIL University shout out to all the earners in there. So Palo Alto, I'm actually going to put a case. I. They like when I put the cases to why I did it. I'm gonna put the case for Power Alto in. In the community tomorrow because I love that company. And. Yeah, so those, those are the ones I'm looking at.

[Ian Dunlap]

It's a great list.

[Troy Millings]

I appreciate you, my brother.

[John Hope Bryant]

Okay, so what's, what's the height going back to Palantir? What's the highest price you think it can get to this year?

[Ian Dunlap]

Full disclaimer. I'm not trying to ride the Palantir bandwidth for when this get clipped up, so. But given the spending and defense tech in three years, I can see him getting to228.15. Yeah, 220 and 15. Because from what I am hearing, Anderu may not go public until 28. If they were going public in 26, that may change. But if you want exposure to defense and you don't want Northrop Grumman or any of the typical players, like you said, this is like a new category. Palantir is on a tear and they are slowly becoming a fan favorite. Alex may be a little bit different, different than your typical CEO, but the fact that he's engaging with the retail audience, pretty fascinating. Yeah, he's adapting.

[Troy Millings]

So, yeah, that's. He's like on that next tier of CEOs that are outspoken. We know his name. Like a lot of CEOs, we don't know their name. We don't see them. I remember we had that clip when he was talking about cocaine and we're like, yo, what? But it drew attention. And yeah, when you draw attention, sometimes people start believing in you and then they'll start believing in the company. Right. It's like we watch Elon do this over and over. Right. It doesn't matter how many cars they sell or don't sell. People believe in him and they believe in the leadership. And so, yeah, he has a chance here to, to do that as well. Yeah, Micro. It almost touched 41 today. Super micro.

[Ian Dunlap]

That's interesting.

[Troy Millings]

That's interesting. They know something over there, I think. Okay, we're watching that. We're circling that.

[Ian Dunlap]

Yeah, I want to see what the numbers are on that. But as far as Palantir, they delivered on the numbers. Like, you can't argue against them. And, and I get it too. If you are looking for a company that isn't in the 3, 4, 500 range, like Lily's price, like a tech stock. I get it. So there are a lot of retail investors that are there who like it just because it's relatively affordable as well. So I get that.

[John Hope Bryant]

How do you stay the course and stick to the plan when greed and fierce. That's it.

[Ian Dunlap]

I thought this was a great question. I think you have to have a big vision for what you want your goal to be. For me, my North Star, is to never have to depend on one client, customer, or person to be able to provide for me and my family. But you have to have a goal that is bigger than you. And also looking at the data, like, every week, news media's job in investing is to tell you something else so that they can sell ads. Like, I'll ask you guys, when you went to Davos, did you hear one person say, man, I can't wait till next year to sell off all my positions? The greatest owners and executives on earth hold every asset forever. That Landman clip with Jerry Jones, amazing.

[Troy Millings]

That was really good Oscar.

[Ian Dunlap]

But if. If he never wins another super bowl, if my goal was to raise my kids and have them with me while building an empire, that's way, that's worth more than the Super Bowl. So you have to realize it, as terrible as Dak may be at times, he wins every day that he gets a chance to hang with his family and have them inside of his empire. While it's valued, it's the number one brand without winning the Super Bowl. So, yeah, in sports, yeah, yeah. Like, you have to figure out what your end goal is first. And a lot of times when people can't stay on track, it's because they're not very clear in what they want to do. So. But for you guys, y'all work hard, y'all travel all over, and they only see the party part of Drip Report. Like, how do you guys stay focused and locked in on what the goal is day in, day out, even when you're tired? Shotty had the flu. Hey, COVID test. Next. Amanda mastermind.

[Rashad Bilal]

Bane mask.

[Troy Millings]

Bird flu test.

[Ian Dunlap]

For real. How do you guys stay locked in?

[John Hope Bryant]

You guys stay focused? I think, you know, it's one of these things that you can't lose sight of the mission until it's over. You know, I mean, so that's it, really. Just until you. Until. Until the game is over, anything can happen.

[Ian Dunlap]

Yeah.

[John Hope Bryant]

So, you know, you've seen crazy things happen before. So guys just stay on point. Gotta stay focused. Gotta, you know, maximize the opportunity while you have it and just win the day. Focus on the day. One day at a time. Really?

[Ian Dunlap]

Yeah.

[Troy Millings]

Yeah. I think we are relentlessly, always in the hunt. Like, people look at it like, what's next? There's an expectation of what's next because we're always on a hunt. Like, we, we. You do invest, fest, and then, you know, you come out with the book and then you got the curriculum. It's like, it doesn't surprise them when something else happens, but we're always in pursuit of the next thing anyway. Right. While people are focusing on what's happening now, we're looking at the next thing and we're keeping our compressors through it all. So, yeah, I mean, the key to it is that we have a plan going into before we start. So this is how we're going to do it. Here's how we're going to execute it.

[Ian Dunlap]

Yep.

[Troy Millings]

By the time it's execution, it's like, all right, we already have drawn this up in our head already. Right now we just got to go play the game. Right. It's like leading up to the super bowl, they've practiced every day for 10 months for one day. Yeah. So by the time the one day, you, You. You're so prepared that it's like, all right, well, I'm playing this out exactly how we envision. Of course, there might be some audibles in there, but the end result, the mission, is always going to be the same. Let's go win.

[Ian Dunlap]

And I'll say this too, to. To wrap this part up. Stop taking the blessing that you prayed for for granted. I see a lot of people in business who were doing okay and they got comfortable or took it for granted or took the fan base or customer base for granted, and now you don't have that anymore. I was going back to some podcasts to listen to in 2021. I'm like, damn tough businesses. You don't adjust, it's going to be tough. And it. You may not ever get in a position to get that lead back. So stay grateful for the blessings you've been given as well.

[John Hope Bryant]

Yeah, for sure. I think you gotta have a healthy dose of paranoia and.

[Ian Dunlap]

For sure.

[John Hope Bryant]

And disappointment. For sure. Like, you gotta be disappointed in yourself on a certain level because you. If you are not, then you don't feel. You can't feel like you. You're a success. You gotta feel like you're more of a failure than a success. It's a balance because you don't want to, you know, be depressed, but it's like, if you look. If you study the greats, none of the greats really ever felt like they were really great in that moment. Yeah, actually, most people, that actually highest level of success is insecure. That's why you gotta balance it out, because it does lead. Sometimes you get. You go too far and you overdose drugs and stuff like that. But if you look at it like Michael Jackson, the highest people, most of the time, they have levels of insecurity, but that's what kept them going, because when everybody else saw it, they didn't see themselves how they saw them. Like, that's. Kanye had it on his documentaries. Like, a giant can't. Doesn't know he's a giant from looking in the mirror. You know, I mean, like, you can't see yourself how everybody else sees you. That's. That's beneficial. That's helpful. When you start to see yourself how everybody else sees you, you. You lose what got you to that point, because what got you to that point is trying to prove somebody wrong. And you got a chip on your shoulder and you working and everybody doubted you and you trying to, you know, be. Make a name for yourself. So you got to keep that edge at all times.

[Troy Millings]

Because if not, that's the part.

[John Hope Bryant]

If not, if you lose that edge and you start to read your own press clippings and start to believe the hype.

[Ian Dunlap]

Yep.

[John Hope Bryant]

Then you're not gonna be in the trenches still. You're not going to have that same level of desire. And it's only so long before somebody else surpasses you because they're more hungry and they. They do have the desire, and it does mean something. And they do have something to prove, and they. And they do want to make a name for themselves. So always, always got to be paranoid for sure. Because ain't, you know, there's so many different things that can happen, but you also gotta have some level of, like, disappointment. And like, okay, I did 10. I could have did 11. I did. I did 50. I could have did 100. Like, it's a disappointment.

[Ian Dunlap]

Yeah.

[John Hope Bryant]

That's my philosophy.

[Troy Millings]

Yeah. I wanted to disagree, but you landed the plane. I'm glad I let. I didn't interrupt because I was like, I don't necessarily agree with that, but I do. What you're saying about the giant looking at. That's 100 true. It's like, why people, when they walk and they meet us in real life, it's like, oh, my gosh, these guys are so humble. Like, no, not once am I looking at you like a Celeb or him as well, myself. Like a. Like we're not like even that word fame to me is like, is kind of not. I'm like, yo, we're everyday people. Like we've been championed by people. Yeah, right. Like we come from, I want to say the dirt. Like we come from like level headed mindsets. Level headed.

[Ian Dunlap]

Yeah.

[Troy Millings]

Surroundings. And so when somebody sees me taking the garbage out, they're like, yo, what are you doing? When they see me shoveling snow, Ian, what are you doing? Like, no, bro. Like this is like everyday people, everyday life. Like we're human beings at the end of the day. Yeah, right. But we're always in the hunt. I think that's. I'm glad you landed.

[Ian Dunlap]

You have to stay hungry.

[Troy Millings]

You got it. You got to. You got to. Any expectation too? Like, I don't know. I don't know if I want to use the word disappointment. I want to have. I probably would say have a. A certain level of expectation that you put on yourself. That in your mind you're saying like, I could have done more. I could have over exceeded what I people expected of me. Because when you go into these things, it's like you want to over deliver. You want to over deliver. And then when it's done, it's like, did I. The people might perceive that. Yes, you over delivered. It was great. And your mind is like, yo, if we could have improved on that. I kind of. Man, I left that out.

[Ian Dunlap]

I did it last night. As soon as Kendrick is done performing, I pulled up my best fest. I'm like, damn, I should have got Jackson State. We gonna be all right. Okay.

[Troy Millings]

It's southern. It's trombone available late August.

[Ian Dunlap]

Got you Sam Jackson in the pur.

[Troy Millings]

Shout out to Uncle Sam.

[Ian Dunlap]

Started making some calls already. Hey.

[Rashad Bilal]

Okay.

[John Hope Bryant]

You keep a wolf hungry. That's the key. You keep a wolf hungry. If a wolf's not hungry, he's not a wolf anymore.

[Troy Millings]

So they're gonna put you on the plate. You know that?

[John Hope Bryant]

You got it. You keep the wolf hungry. When I say the wolf yourself, you gotta keep. You keep yourself hungry. You know, if whenever. Whenever you lose your hunger. That's a very dangerous. That's very dangerous place to be in as a human being, especially as a man. Because once you. Once you lose your hunger, once you lose that.

[Ian Dunlap]

Some little young pup gone, they're gonna take you out the game. Yep. That's why. Somebody going out? Nope. Going right. Right.

[Troy Millings]

You're gonna be. They're gonna have you running on the beach, man.

[Ian Dunlap]

Yeah.

[Troy Millings]

Can't. Can't, man.

[John Hope Bryant]

That's a fat Montoya.

[Troy Millings]

They're gonna run it on the beach. Talking about you destroying me.

[Ian Dunlap]

Gotta keep the hunt. Find ways to get better every day. Find ways to get better every single day.

[Troy Millings]

That was like, on. That's crazy. Now you think about it. And I know we've referenced this before, but, like, when. When Kendrick is on September Butterfly and it's that pocket aloof. And he was like, yo, that time of energy between 25 to 30 is the peak because you're hungry, you're ambitious, and you're ready to go disrupt the world. And if you don't execute in those time frames, like, you start to see that weighing off a little bit. By the time you're 35, a lot of people, yeah, you gotta be special.

[John Hope Bryant]

You're either a hustler or a customer in this world for sure. Yeah, either a hustler or a customer. Hustler is always going to be scrambling because then you got a number two. That's the goal. Helps. I remember, you know, saying, I seen Sam was talking. He was like, he wanted to make a million when he was selling mixtapes and DVDs. Black Sim I'm referring to. And he was like, he ain't care about clothes. He ain't care about. He ain't even eat. He ain't care about nothing. He was in the rain. He was doing whatever. He was stacking the money. Get the money, stack it, stack it, get the money, stack it. I don't glorify drug dealing because I do feel like it's harmful to our community. But. But I always respect the hustler, even from that perspective. Like, just seeing it, like, I saw people, like, having shoe boxes full of money. That was always something that was interesting to me because I'm like, some people get money just to spend it, but then some. A lot of people really get money. And it's. It's a goal. It's like a reality show. Like, they feel like, I got 5,000 put in the box, like, 10,000, 20,000, 30,000, 30, 50,000. So you keep that same mindset. Like, no matter what you do. Like, you know what I mean? Like, just like, clothes doesn't mean anything. Jury doesn't mean anything. Cars don't mean anything. Even a home in the grand scheme of things don't mean anything. Like, you focus on your number. Don't get distracted by social media. Don't get distracted by what somebody else is doing. Don't get distracted. If you see somebody in Turks And Kinkos, you focus on what you got to focus on. Stack your bread till you get to that number. That's it. And it's like a reality show every day. You're gonna have good days, you're gonna have bad days, you're gonna have ups, you're gonna have downs. You focus on getting your bread right. It's just like it was a shoebox, but.

[Troy Millings]

And now a next level moment from ATT Business. Say you've sent out a gigantic shipment of pillows and they need to be there in time for International Sleep day. You've got AT and T5G, so you're fully confident, but the vendor isn't responding. And International Sleep Day is tomorrow. Luckily, AT&T 5G lets you deal with any issues with ease. So the pillows will get delivered and everyone can sleep soundly, especially you. AT&T 5G requires a compatible plan and device. Coverage not available everywhere. Learn [e-mail] 5G Network.

[Rashad Bilal]

All you homeowners have unique needs. Some feel the need to leave up.

[Troy Millings]

Holiday decorations year round.

[Rashad Bilal]

Others have the need to use their garage as practice space for their new metal band. And because each homeowner has unique needs.

[Troy Millings]

GEICO helps you get the right coverage.

[Rashad Bilal]

For your home and what's in it.

[Troy Millings]

That way you get exactly what's right for you, even if your needs are unique. Get more.

[John Hope Bryant]

With geico, it's not a shoebox, but it's just that same mentality. Like, you focus on getting your money right. That's it.

[Troy Millings]

Your brokerage account is your new shoe box. Straight up facts, like.

[Ian Dunlap]

And the crazy part, when you hit that number a couple times, you be like, damn, this is it. Those you who haven't got there yet, I promise you, whatever number you have in mind, you're going to hit it. And be like, I should have went four or five times higher.

[Troy Millings]

Knowing you can do it, like believing you can do it is the first thing.

[Ian Dunlap]

Yeah.

[Troy Millings]

Then actually putting a plan together.

[Ian Dunlap]

Oh, my God. As soon as we got into the market of mass. Oh, inflation come ramping up.

[Troy Millings]

Okay, let's get them out of here.

[Ian Dunlap]

Yeah. Rules for Airbnb nationwide change.

[Troy Millings]

Yeah.

[Ian Dunlap]

Okay.

[Troy Millings]

Yeah, I, I said the, the, the telltale sign would be when they stop allowing people to open brokerage accounts or they start charging you again or they put limits on whether you can trade future.

[Ian Dunlap]

Yeah. The minimums are going to be higher.

[Troy Millings]

The minimums might. You might have to have 10,000 in your brokerage account or 20. They'll put some type of minimum in place where everybody can't participate. That'll be, that'll be a game changer. Like, that'll be like, all right, they're in the system. They're making it. How do we get them out of here?

[John Hope Bryant]

Yeah, stop. Don't go on dates. Don't waste no money on, on that. That's a waste of money. All that's a distraction. Dates is the distraction. Clothes is a distraction.

[Troy Millings]

Yeah, we got Valentine's Day, bro.

[John Hope Bryant]

That's a distraction. It's a man made holiday. It's a man. It's a man.

[Rashad Bilal]

Please.

[John Hope Bryant]

It has nothing to do with love. It's a man made holiday. To extract money from once again, hustlers and customers. That's a distraction.

[Ian Dunlap]

Yeah.

[John Hope Bryant]

Valentine's Day is a distraction.

[Troy Millings]

Please, please remember that. These thoughts shared.

[John Hope Bryant]

You gotta be extreme. And to get where you want to go, that's the biggest myth that people think that you could be balanced, you got to be extreme. You could be balanced. Once you get to where you want to go right now, you want to come up, you try and save 10,000, you try to save 100, you try and make your first million, you got to be extreme. I'm just going to be honest with you. You can't get to that point if you're not going to be extreme. So you gotta have short term sacrifice, short term pain to get to that goal. You could. There's a million times where you can sell it. You could do Valentine's every single day if your money's right. Facts. Until then, we're not doing Valentine's Day. We're not doing trips, we're not doing none of that. We might spend a hundred dollars on dipped cherries. Dip cherries and chocolate dip cherries.

[Troy Millings]

That, that might, that's so balance. Right? Because that might be true for some people. Some people that, that may not be true. Right. But you got to figure out what's true for you. That's the most important thing. Forget what he says. Forget what I say. What's going to work for you can listen to this and you can. No, don't forget what I say.

[John Hope Bryant]

No, no, no, no.

[Troy Millings]

I'm saying.

[Rashad Bilal]

Whatever works for you is.

[Troy Millings]

Going to work for you. But have a plan.

[John Hope Bryant]

No, but what I'm speaking is firsthand experience.

[Troy Millings]

So that, that's. Yeah, that might not be my first.

[John Hope Bryant]

That's the only thing I could. I could really give.

[Troy Millings]

That's why I said.

[Ian Dunlap]

Yeah, that's what I said.

[Troy Millings]

You got to give your blueprint.

[John Hope Bryant]

But it's a successful blueprint.

[Troy Millings]

It has worked but, so here's the thing. My blueprint, different and successful as well.

[John Hope Bryant]

Right?

[Troy Millings]

So that's what I'm saying. They got to figure out what they blueprint's gonna be.

[Ian Dunlap]

So you got to figure out what your archetype is. I. I feel.

[Troy Millings]

Exactly. That's what I'm telling you, bro. That's what I'm talking.

[John Hope Bryant]

Yeah.

[Ian Dunlap]

No, no. Now, you can go celebrate if you want to, but even when you get to that pinnacle, you still have to remain hungry. We just talked about it. They're trying to overthrow his company. Even at the pinnacle, the people who may came which you may not be the happiest, or they may feel entitled or you didn't pay enough, or somebody may give them an offer that they can't refuse to topple your stuff.

[John Hope Bryant]

Right.

[Ian Dunlap]

Even something paranoid. Rather be paranoid than poor.

[Troy Millings]

Saying he. He's a giant in that industry. He's gotten to a top of a proverbial mountain. Right? He's looking back like, how can I help? And as soon as he gets there, he looking like, yo, there's. There's higher mountains.

[Ian Dunlap]

One day we're gonna have a conversation about helping. How helping leads to your own ruin potentially. One day.

[Troy Millings]

Yeah.

[Ian Dunlap]

Not today. Or Valentine's Day week. Shout out to all the lovers. What is Montoya doing on Valentine's Day?

[Troy Millings]

Certified.

[Rashad Bilal]

Yeah.

[Ian Dunlap]

For real.

[Troy Millings]

You're destroying me. You're destroying me.

[John Hope Bryant]

Hustle us. That's if you're still living. You're destroying Valentine's Day. Cancel Valentine's Day.

[Ian Dunlap]

That's crazy.

[Troy Millings]

Spoken by Rashad Bilal.

[John Hope Bryant]

Every day is Valentine's Day.

[Ian Dunlap]

Everything should be Valentine's Day. Yep.

[Troy Millings]

I love you every day, babe. I love you every day.

[John Hope Bryant]

But you know, that's. I've been consistent.

[Troy Millings]

I love you every day.

[John Hope Bryant]

Christmas. Now, why are you focusing on spending $5,000 for Christmas gifts if you don't have money saved? It's a distraction.

[Troy Millings]

Two thousand dollar bag, no money in your purse.

[John Hope Bryant]

That's a distraction. If she loved you, she gonna understand it. If she doesn't understand it, she's not the person for you.

[Ian Dunlap]

Yeah. She's not the one for you. For real, that part.

[Troy Millings]

That's the part.

[Rashad Bilal]

Yeah.

[Troy Millings]

What's your architect? What do you. What's the plan and everything? If you're gonna have a person, who is that person? Like, what's. What are the things that you're looking for in that person?

[John Hope Bryant]

Stay down till you come up.

[Troy Millings]

Fact.

[Ian Dunlap]

Yep.

[Troy Millings]

That's a fact.

[John Hope Bryant]

And if. If she's not gonna stay down. So she Come up. She's a distraction. Vice versa. He could be a distraction. The biggest, the biggest liability in your life is going to be the relationships.

[Troy Millings]

That you have and the person you choose to be with.

[John Hope Bryant]

That's the relationship.

[Troy Millings]

It could be relationship. Friends too though.

[John Hope Bryant]

That's why I said ships.

[Troy Millings]

Yeah, I know, I know.

[Rashad Bilal]

I know what you're saying.

[Troy Millings]

What you're saying.

[John Hope Bryant]

Friends, family, all facts.

[Ian Dunlap]

Wife allocation on. On the inner circle and who you dating.

[Troy Millings]

That's assets over like dude and wrap it up.

[John Hope Bryant]

That's another thing that could take you off path, man.

[Troy Millings]

You get kids ain't no latex.

[John Hope Bryant]

It's. It's not over. It's not over forever. But it throws a monkey wrench in your plans. For sure.

[Ian Dunlap]

For sure.

[John Hope Bryant]

All right, what do I know? What's your outlook on elf?

[Ian Dunlap]

I've talked about the stock before. Yeah, yeah. They. They've gotten demolished for a little bit and. But I told the correction price like I like it sub 58 to buy back in this. What I don't like though, when he said the CEO said can I read it? Can I read it please?

[Troy Millings]

Because I did so well. It took a 30 hit last week and I thought this, this is the quote from. From the. The CEO. He said the LA wildfires and the looming Tick Tock band lowered social media conversions for sales, which the company says is key for the reason why the company is lowering its fiscal outlook for the rest of the year. Right. So the blow from the ELF beauty really relies on social media advertising and user generated content for sales. So you're blaming like that's like not even read the room like what.

[Ian Dunlap]

Hey, my boy. You and the Kansas City O line coordinator, both of y'all go pack your bags up. You about to lose your job. You blaming Tick Tock Tick Tock didn't get banned. You can't ban a snowman if you don't know it's up. I know you probably don't use it. I don't like leaders who don't take accountability for why things are not going well. I don't love this. This reason that makeup space. Great space to be in. But this is why every year when I do a presentation, I'll tell you go look at the founder or the CEO and their characteristics because their personal beliefs will bleed into the company. Blaming the wildfires. Okay, that that could affect inventory. But if your margins are not thick enough to withstand that two day took the one day Tick Tock band.

[Troy Millings]

Yeah but the language around it. Right? Well, I don't think he was talking about it from an inventory standpoint. It was more of a sense where it was a distraction. Whereas more algorithms were showing what was happening in California. Right. During that horrific time, as opposed to showing what somebody in a natural algorithm would have been makeup and beauty and cosmetology happening on their feed, which is what they lean on to have people convert, oh, what, what lipstick was that? Or what online was that? What blush was that? What contour was that? If the algorithm's not showing those things, then it's going to affect sales. Well, it wasn't showing those things because there was a disaster in the state and a lot of people were affected. To use to say that that's a distraction, obviously it hurts the business, but like, I don't think as a CEO, I'm not sure that might have been the right pulpit to. To say something like that.

[Ian Dunlap]

Listen, I don't know what school you went to, Berkeley, wherever you went to. You need to be fired, bro. You need to go to executive management. I'm gonna go chairman. That's not like if, if these flimsy reasons have caused shifts in your business that are this dramatic. And that's okay because all of us are not great leaders in every area. But this should be unacceptable to say to an investor class as to why you went from 222, so like you're in the range of like Salesforce and real tech companies to then fall this far. And how about you pay those employees better because there has been some gripes there and put together a better ad campaign than just leaning on social media. I know Omni presence has been a big thing the last four or five years, but for. Especially in the beauty space, you have to invest some of that capital to be everywhere because you have fierce competitors all over the world and the beauty space, like, that's like me saying like, the weather in Mexico is bad. So that's why the crystal ball is broken. What?

[Troy Millings]

What?

[John Hope Bryant]

Ethereum. Ethereum's price drop is related to aluminum?

[Ian Dunlap]

No, I just thought that was funny when everyone was like, Ethereum is falling apart because the tariffs on aluminum. Aluminum, like, and I want to get to a war between Bitcoin and Ethereum. The long term Ethereum is going to do fine. It's going to outpace S P. I do want to know, where is the Russian kid? It's been very quiet. Metallic genius.

[Troy Millings]

Yeah.

[Ian Dunlap]

Mastermind.

[Troy Millings]

Yeah.

[Ian Dunlap]

Brilliant. He's been very quiet though.

[Troy Millings]

Yeah, true, true.

[Ian Dunlap]

Been very quiet. I wonder why.

[John Hope Bryant]

What's some of your favorite stocks that are subscription Based like Netflix.

[Ian Dunlap]

Oh, I thought this was a great question. I've never looked at a category in this fashion to base solely based off that. But if we have to pick the big three, going back to that thing. Kendrick, Patty. But I would do Netflix first. Troy, to your point, Amazon second because of Amazon Web Services. And then third, Spotify. Like damn. Okay, listen, sometimes the big three, like, like if you go who's the greatest basketball players of all time? It's gonna be Kobe, Michael Jordan, LeBron. Consensus. Like I think Netflix, amazing hedge. And as they have increased the pricing and lockdown, the sharing revenues went up. Amazon, everyone else for the retail side. But AWS is amazing. But Spotify and the symbiotic relationship that they have with the industry as the industry owns, I think 28 of it has done incredibly well. So yeah, those are my three. I would pick for a long. I know it was the same three.

[Troy Millings]

No, no, no, no, no. I'm, I'm g. Give one. Because I, I just always throw it extra just in case. Shopify, I was definitely going to have one there. Okay.

[Ian Dunlap]

Shopify is making a good turnaround.

[Troy Millings]

But the one that people don't think about is Apple for. Right? Like when you talk about services, businesses that the ser. Just the service, forget the iPhone, which we know is 48% of the sales the service business brings brought in a hundred billion dollars last year. So yeah, Apple Music. Oh, just that alone. When people think of subscriptions, it's just something that's naturally being paid. Right? Like I'm sure everybody that has an iPhone probably has some type of subscription that they pay in an Apple. And so that would be one of those ones when you're not thinking of a server as a service business, something that's generating 100 billion. If you look at the market cap of come, how many are even doing that as a company, let alone as a sub tier of a company? Yeah, I'm putting Apple in there as well.

[Ian Dunlap]

Especially when they charge you at 3:00 in the morning, just randomly, you're not.

[Troy Millings]

Even thinking about it. You stop looking at the emails at all. You know what the sneakiest one is right outside of Apple Music is like the storage one. Like it's 99 cents. What you gonna do not get more storage? All right, 2.99. No, you need more storage. You got a lot of pictures and you're saving a lot of videos and you're doing all this, all this. Tick tock. Now you need the 999 plan. All right, you're gonna do it. You're not even think about it. Yeah, gotcha.

[Ian Dunlap]

Netflix, Amazon, Spotify, Apple, NASA.

[Troy Millings]

That's solid.

[Ian Dunlap]

That's a good four.

[Troy Millings]

What about peloton? I'm asking for somebody.

[Ian Dunlap]

Spiritu Santo. Nope, nope, nope. Not peloton.

[Troy Millings]

Got you.

[John Hope Bryant]

What do you feel about energy sector in 2025?

[Ian Dunlap]

I think that the players that have been big in energy are going like of course, Chevron, ExxonMobil. Both prices are in stock club. So go to Ian invest.com mid roll. Go to Ian invest.com if you want to know the best prices of where to invest into oil. EQT is pretty interesting. I like this question a lot. I think I won't say that the energy investment tied to AI rally is over, but you're not going to get oversized gains how you did last year in it. EQT is okay, but Chevron, ExxonMobil for sure are going to do great. Back in was this 2014, EQT got to 58, 18 and then fell apart. It's at 53 now. I'm not looking to invest that price. If it goes back down to 30 or if it gets back to 17, I wouldn't mind taking a stab at it. But Chevron and Exxon are going to do incredibly well regardless if it's tied to AI or not. I like having stocks where I don't have to read the news to know if it's going to do well. Like not one day have I woke up and been like, even when Jensen Sino's breast, I still was like, okay, the company's gonna be okay. Right? Like I don't have to worry about what Satya is doing at Microsoft when I work. I never had a panic attack investing into those. So investing the leadership be good.

[Troy Millings]

Yeah. And that I, I'm gonna put in Visha only because I've been talking about it for about five months now. And if AI is going to be the story, you know, they'll be at the forefront of it. But again, if you don't want to rely on that like you're talking about, those traditional ones make a lot of sense. But if you look at the number one company last year in S P, it was there. It's having a pretty good year so far. I know it's still early. Had a nice pullback during that deep seek. Oh that deep fake. We're going to call it allegedly the defect scandal. And it's still, it's still over. Over 170. I know it touched 198 early this year. I Still see some growth for it. So I'll add that inside the energy companies that we like.

[Ian Dunlap]

What was your favorite out of the super bowl of any publicly traded company.

[Troy Millings]

Publicly traded company ad. I like that night commercial.

[Ian Dunlap]

Starbucks. I better wake it up. Y'all failing. Sorry.

[Troy Millings]

That Dunkin Donuts. They took a shot at them. Starbucks doesn't. I don't really see. You don't really see Starbucks commercials. The Nike ad with. With Doshi narrating, that was dope. But, yeah, I think that the T Mobile joint was. Was fire, too. T Mobile.

[Ian Dunlap]

Yes. I think they did a great job. What y'all got, Maybe not from a creative standpoint, but from like, a B2B lead generation, inflow, revenue standpoint. Brilliant.

[Troy Millings]

Yeah, definitely. Yeah. What y'all got?

[John Hope Bryant]

I ain't watched the commercials enough to know. I saw Kanye had a commercial.

[Troy Millings]

Yo, again, they didn't air that in New York, bro. Yeah, some areas of the other country did not get the easy. He said he spent all the money. Like I said, I wish I had stuff to show, but I spent all the money on my teeth.

[Ian Dunlap]

You need to spend that money on calling Elon and repair the relationship before he put you on the other side of that black ball list.

[Troy Millings]

No, they deactivated.

[John Hope Bryant]

He left. I think he left on his own.

[Troy Millings]

Oh, he did. Could. Then it. Well, maybe then they deactivated his account. He was. It always starts with like, yo. And then it's like, bruh, Bruh.

[Ian Dunlap]

Going kind of far.

[John Hope Bryant]

The ink. Live. Rest in peace to earth. Gotti.

[Troy Millings]

Rest in peace. Lorenzo.

[Ian Dunlap]

That was heartbreaking, yo.

[Troy Millings]

Oh, man.

[John Hope Bryant]

Take care of your health. But, yeah, easy. He did that collaboration with Sean John. Blackout.

[Troy Millings]

That was my. When they asked. That's my. That was my favorite, favorite clothing line, man.

[John Hope Bryant]

That's Sean John collaboration with Sean John.

[Troy Millings]

He did.

[Ian Dunlap]

I know Jim said it before, but were y'all wearing Sean John in New York when it came out? Because it was on fire in the Midwest.

[Troy Millings]

I was 100. Okay, 100%. You was.

[Ian Dunlap]

I was going right to River Oaks Mall.

[Rashad Bilal]

We used to go to the store.

[Ian Dunlap]

On 5th Ave. Gotcha.

[John Hope Bryant]

Yeah, yeah, the store on 5th Av. For sure.

[Troy Millings]

Right next to the library.

[John Hope Bryant]

I wasn't wearing, like, a heavy amount, but Sean. Sean, definitely they had some good lawsuits.

[Troy Millings]

The lawsuits was crazy.

[Ian Dunlap]

He had to.

[John Hope Bryant]

Have some stuff.

[Troy Millings]

There's some footwear, too. Footwear was all right. Yeah, that was a good brand, man.

[Ian Dunlap]

Yeah, it was a good brand.

[Troy Millings]

The collab was just the T shirts, though. I didn't see anything else.

[John Hope Bryant]

Yeah, just T shirt all right, what's the biggest financial mistake that people should avoid in 2025?

[Ian Dunlap]

You alluded to it earlier, but I think even like some of the conversations I have on social, I can tell the people who are really locked in and investing. And I know some. Like, I got a message from a guy yesterday who commented about, yo, Kendrick destroyed your man Drake on the Super Bowl. And his last comment to me in DM was 2021. And I'm like, you joined stock club in 2021. Let me see the games. Oh, I quit executing. You know, I didn't have time for it. How do you not have time to get rich to take care of your family? Regardless of what y'all think, y'all use that glazing word too heavy. And you gotta glaze over that net worth first before you have some of these conversations. But Kendrick and Drake are good. The boy may be a little bit sensitive, but PG Lang and everybody I talked to ovo, they good focus on you. Like, eliminate all distractions and focus. Like, my kid just turned 10. Like, I remember what I wore when he was born. We're halfway into the decade. Some of you are going to look up and it's going to be 2028 and you're going to be like, I don't know what I did what eight years in my life. Lock the in all of these wars and rat beefs. And that's a distraction from your real life. I don't care what you invest in. Bitcoin, palantir, jail, stool, coin shot, the oh boy from barstool, getting that meme coin off Trump coin and pick an asset class and invest into it in perpetuity. People, you know how you work so hard, yo, if you're actually a responsible dad, you're going to put in work every day to provide for your family. I don't care what asset class it is. Crypto, equities, private equity, real estate, your business. Pick something and invest into it forever. And if you're not doing that, I know people love to tell you money is not everything. And those would be the same people. When you need something, won't give you a dime to help you and your family. Cost of living is going up. Crazy people. Eleven dollar eggs, okay? Then the car and jewelry conversation and even buying into startups. All of those costs are. The cost of the super bowl ad was 8 million. I remember when 2.5 was a big number. In four years, they have that number being at $12 million. What? So much. So the Starlink and T Mobile had to partner together, which they already had for that ad, to help drum up what. So lock in. Lock in. It's the reason why we do the show every week to give you this information which other networks don't do. I think we've made investing the easiest for anybody in the world because other networks were not giving you the companies where they were going to fall to and where to exit. So. But for you, for 2025, for both of you, what is the biggest lesson?

[John Hope Bryant]

The biggest lesson? Well, the biggest mistake I think that people could make is buying a home that they can't afford or just buying a home that they're not prepared for. That's. That's, that's the one that nobody.

[Ian Dunlap]

Not prepared for it. Okay. Yes.

[John Hope Bryant]

That's. That's gonna hurt you more than anything in life for sure. Seen it happen a lot of different places. I just saw Cash Doll on Shannon Sharp show.

[Ian Dunlap]

Yes.

[John Hope Bryant]

Her worst financial decision ever was buying a home. Two million dollar mansion. I think it was in Atlanta. I'm not sure. So that's, that's a tricky one because you think that you're doing something productive. You think that you're actually doing something product beneficial when you're buying a home and on. And if you're not, that's how we did the episode with Keanu Watson. You should definitely watch it. Things to know before buying a home.

[Ian Dunlap]

Yeah.

[John Hope Bryant]

You don't fully know what you're getting yourself into. What you think, what you think is actually productive is actually extremely harmful for you in your future.

[Ian Dunlap]

Yeah. There's a lot of hidden costs. There's a lot of hidden costs.

[Troy Millings]

Yeah. Definitely. Go watch that episode. Are we speaking from experience? Like, like, like that's one of the things that we get to actually live these things, learn from these things, and then teach these things, whereas most people won't even tell you that it happened. And then you'll just see the outcomes of it. So it's like, hey, hold the dad. So hopefully you have to go through that. Like, we've always lived by that. I think that the biggest mistake is. And this goes in to invest in. This goes in life. Don't let people trick you out of your position.

[Ian Dunlap]

Yep.

[Troy Millings]

The people that are in your ear, the people that are feeding you information, the people that are doing things, they want to be in your position. And a lot of times.

[Ian Dunlap]

Hello.

[Rashad Bilal]

Right.

[Troy Millings]

And that goes in business. Like I said in investing. Right. Let's move the market down. Let's pull the rug. If it's crypto to get better Positions for bigger people with bigger pockets to get in, invest, and make more money. And when we see it, we leave positions and we say we're never going back. And then we wonder what happened in two years. I was invested, so never let anyone trick you out of your position. And I wrote this quote, and it kind of fits what we were talking about earlier when we talk about, like, stay hungry and stay like we always hunted. Never let your achievements block your vision. Never be satisfied with what's happened.

[Ian Dunlap]

Right.

[Troy Millings]

Made a few deals, but there's no parading. Like, it's one thing to say it, it's another thing to live it.

[Ian Dunlap]

Yeah, yeah.

[Troy Millings]

Those would be mine.

[John Hope Bryant]

Yeah, yeah.

[Ian Dunlap]

Oh, yeah.

[John Hope Bryant]

There you have it. There you have it.

[Ian Dunlap]

Because I think, as we have a desire to. And that's why I always bring up the bank and the crypto point. If three years ago I would have told you that the White House would have a crypto czar, you would have called me crazy. Kudos to Sachs for making that move. And on entrepreneurship level. But we just saw an entire retail community of crypto advocates get tricked out of their spot by the banking elite in one year. I never thought, like, I. I knew the little, you know, takeover is gonna happen with J.P. morgan. I didn't think at scale that this would happen. Stay locked in. Stay locked in. But what do I know? You don't know nothing about crypto. I knew that part and I knew 20k.

[Troy Millings]

We've been here for it all. It's crazy. Like, we've been here when it was that 20. We was here when it was 16. So, like, people who took advantage of that information and actually was like, all right, what they saying kind of makes sense. Or here comes a pullback. This might be a good time to invest. Like the people who took advantage of that. Oh, my God, like, they're out of here. You're out of here.

[Ian Dunlap]

I'll ask you guys, you guys, have you met one billionaire who came to you and said, I can't wait to sell off these group assets?

[Troy Millings]

Never.

[Ian Dunlap]

And they do it in the contract in perpetuity. Shout out the talent side for those who sound talent contracts. You got to look for those terms in perpetuity. That means that is a whole time frame.

[Troy Millings]

Forever.

[Ian Dunlap]

Forever.

[Troy Millings]

So one of those words you better look for in your contract. That goes for everybody. If you see that word, make sure that you have it.

[Ian Dunlap]

Unless I'm giving them to you, it's okay. In perpetuity, all derivative works. And then.

[Troy Millings]

Okay, so keyword to look for.

[Ian Dunlap]

Real quick in trading. Troy, King and Rashad. Can you give three tips? This remind me of our conversation with shans. What are three tips you can give to traders in 2025 who are looking to make a lot of money but it's their first year investing in the market?

[Troy Millings]

Number one, create your plan, know your energy strategy before you ever enter a position. Number two, surround yourself with mentorship or like minded people who are also investing or at the beginning stages of investing so you can learn lessons quick and your, your education can be expedited. And number three, execute please. Right like after you have the first two, now you actually have to start and a lot of times we see people over and up, you know, I'm gonna start tomorrow. I'm start tomorrow. I've been watching y'all for two years but I'm about to open my brokers account. Why haven't you done it already? Those are my quick three for sure.

[John Hope Bryant]

But we have it, we have our guests. We gotta, we got a guest for you guys before, before we wrap the program. None other than John Hope Bryant. Let's, let's bring him up if we can.

[Troy Millings]

Friend of the show.

[John Hope Bryant]

How you doing?

[Ian Dunlap]

How you doing?

[Rashad Bilal]

Happy 2025.

[John Hope Bryant]

Happy 2025.

[Troy Millings]

Yeah, likewise, likewise.

[John Hope Bryant]

People that don't know John, entrepreneur, philanthropist, financial literacy advocate, founder of Operation Hope is the owner. His company owns over I think 663 single family residential homes in America. Just had the conference where he had the head of all the major sports leagues go on and on. But very accomplished gentleman when it comes to business, real estate, investing, financial literacy, a voice. He spoke at Invest Fest two years ago. So yeah, first and foremost, thank you for joining us.

[Rashad Bilal]

Yeah, my honor to be with you. I was just with your dude, Robert, Robert F. Smith in Poland two weeks ago and, and commend what you guys are doing and what you're building. You really mainstreamed this financial literacy topic for the masses and not just the classes. So I commend you.

[Troy Millings]

Well, appreciate that.

[John Hope Bryant]

So talking about wealth, building financial literacy, you, you said before, nothing changes your life more than God or love. Then moving your credit score 100 points. God, love and moving your credit score 100 points. So can you, can you explain why moving Your credit score 100 points is so, so important? Because yeah, a lot of people, most people wouldn't think that 100 points in the credit score is going to be equal to finding God or your wife.

[Rashad Bilal]

I mean, look, I'll go further than that. If the vice president Harris had listened to what you're Saying and what, and what I'm saying more attentively, she'd be president because that election was ultimately not about red or blue or black or white. It was about green. It was about everybody making, cutting an economic deal. Whether that deal is going to work out or not, you know, we're about to find out. But everybody basically cut a deal, you know, that says, I'm going to do better. You've told me I'm going to do better economically, not morally, not ethically, not. Not societally, not environmentally, not human rights, not civil rights economically. We live in a capitalist democracy. People for people forget this. They don't remember this. We live in a free enterprise democracy on a good day, we live. We live in a capitalist democracy on a rough day. But it is unfortunately true that going back to the time of Jesus, we had a choice to make. We could have put our culture inside of. We could have put our economy inside of our culture, which is what we should have done. But actually we put our culture inside of our economy. So almost everything is economic in nature. You can't run a church without money. You need tithe and offering, you know, in fact, one of the biggest churches in the world, one of the biggest banks in the world is the Vatican Church. The Vatican Bank. So answering your question, and I've said this as a joke, but I'm serious, You go to the club today's Monday. You're at a club on Friday after you worked all week. Oh, man, she's fine. Ladies like, oh, he's handsome. What's your name? And then what's your credit score? Because that's your business partner for life. The looks are going to fade. The, the rear end is going then and the breast is going to drop, right? The dude's gonna get a, the, the big chest will turn into a big belly at some point. But after 20 or 30 years, that's still your business partner. And those who marry well do the best economically as a side point. But marriage was ultimately even an economic before it got endowed marriage with spiritual principles. Marriage would be, went, was, was present 3,000 years before that as a business principle. So, I mean, slavery was about money. Nobody brought us 3,000, 6,000 miles, 6,000 miles away from home. Went all through all that trouble because they didn't like us. They did it because we were geniuses of the land. We could take dead, dead soil and bring it back to life. Well, what's the Southern soil, which is where all the cotton was, the, you know, the tobacco, all the gold crops of that Time it was in the southern soil. It was very hot, very humid, very brothers here of the Caribbean. And poor white folks couldn't work it. They're like, oh, we good?

[Troy Millings]

We.

[Rashad Bilal]

We can't handle this. And so they went and found somebody who could not only handle it, but who could take dead soil and bring it back to life. The genius of agricultural excellence, which is what we were in that era. So whatever conversation you want to have, it comes down to money. What's the number one cause of divorce? Money. What's the number one cause of domestic abuse? Money. What's the number 1 cause for stress? I mean heart attacks? I'm sorry, stress. What's the number one cause for stress? Money. What's behind politics? Money. I mean whatever conversation you want to have comes back to that. So in a world you've never had a. Now I'm about to drop the mic on your question because you like the people. Like this guy's rambling. Those have to do with my question about credit scores. There's never been a global economy that wasn't there wasn't there been a superpower that wasn't the economic power. At the same time in the history of the world, there's never been a, a major economy, including the US or major city like the city of Atlanta where I'm at now, that didn't do it on the back of good debt and a great credit rating. I was on the phone with Tony Wrestler this morning who's. I don't want to tell his net worth, but it's public information. He's like the 200 richest man in the world. He did it on the back of good debt. No billionaire has become a billionaire except through good debt. No multi millionaire times whatever has done it without good debt. So if you're, if your, if your credit score is tow up from the flow up, those who, who make the lease pay the most. If you're in a 500 credit score neighborhood, I mean the only way to survive that neighborhood is to be in a legal, in a legal economy business because the cred cost of debt is so high, the cost of credit so high from the, from Pookie and them and Jojo and them that you're paying such a high rate. The only way to, to profit is to do some illegal stuff, right? The underground economy. So you have a check casher next to a payday loan lender next to a rental owned store next to a title lender next to a liquor store next to a pawn shop, fast food restaurants, you know, are all praying on financial illiteracy. 500 credit score neighbors and you live to 61 years of age as a sort of the insult on top of insult. You live in that neighborhood to 61, 15 minutes away. You live to 81 years old, 20 year difference and that's a 700 credit score neighborhood. 500 credit score neighborhood. You live to 61. Crime, murder, mayhem, drugs, depression, single parent household. So I over answered your question but it was, it was like the question like we have got to get our credit right. The number one lowest credit rating in America group are African Americans. It's like an I, I think it's.

[John Hope Bryant]

Like what's the average, what's the average credit score for African Americans?

[Rashad Bilal]

I think it's like 620. Now that sounds like not so bad but that means that you, you dudes have a 780 or 800 credit score. And our cousins Jojo and them have a 5:20 or 480 credit score. And it, and it, it, the balance out the average is that our great credit score combined around all of our friends toe up credit score averages out to 620. So it's, it actually sounds better than it really is. It's actually much worse unfortunately. And the number one cause folks, sorry, number one group deep being declined for credit. Black people, lowest credit score. Black people. You know, you know one of the biggest economies in the world is you know, bigger than. You guys talk about this all the time. Our, our consumer spending is 1.7, 1.8 trillion bigger than as big as Mexico and Canada. But 92 of that's consumption. Okay, so, so you, you just combine, you combine all these and our homeownership rate is 41 to 44% compared to 75% of our white counterparts. Well number way you build wealth is home ownership. I mean you know again, this ain't complicated. Then you say well what's our Net Worth in 2053? You combine all these things. Zero.

[Ian Dunlap]

Yeah.

[Rashad Bilal]

I mean so you don't need races to come after you anymore. You know, you don't have to worry about the clan. You don't have to worry about, you know, what the man's doing to you. We, we didn't Malcolm X say we've been bamboozled, we've been tricked, we've been fooled, we've been hoodwinked. Right. So. But this is stuff we. One thing I love about credit scores, you can fix it yourself. That's what I love about it. It's self empowerment at its height. And, and you do that and once you have a 800 credit score, you're not black anymore. You're green. That computer says yes at midnight. Whatever you want.

[Troy Millings]

Yeah, it's. It's important. The education around is important. And we just went over credit. Shout Shoshana Martin for everybody into it and make sure y'all catch that. But let's get back to Jojo and Pookie them, right? In order for them to get their credit score and actually have income, they have to have jobs. And I know something that you've stressed over the years is entrepreneurship over employment. Now, I can understand that because I've been on both sides of it, right? But for somebody who's trying to transition in this era, right, where AI is prevalent, where we're seeing people lose jobs and cutbacks are happening, what advice do you have? Some. For somebody that's trying to make that transition to say, I want to create a business. I understand the economics of not having a business for my future. How do I get started?

[Rashad Bilal]

Well, it. For the first time ever, black folks actually have an advantage. We've been doing so much with so little for so long, we can almost do anything with nothing. And I mean, we're so used to hustle and, and being beat upon and disrespected and looked after, look, looked over that we've taken it as a. I mean, that's like waking up in the morning for us. Most people, like, are offended by the current moment. We're used to it. So we're natural hustlers. What I would say is take that natural hustle and move it from just cashing a check to a mindset of writing a check. So I, as you guys know, I've written several books. There's a one now that's a best seller called Financial Literacy for all. The book before that was called up from Nothing, that's the book that. And the book for that was called the Memo. Those are two books they should read on this topic because it's. First thing I get is Got to get your mindset right, right? Because an entrepreneur works 18 hours a day to keep from getting a job. You guys are always hustling. You're. You're. You're always working. You're always on. If you try to do this from nine to five, you'd be.

[Ian Dunlap]

You'd be.

[Rashad Bilal]

You'd be a failure, right? So you, you gotta. You gotta get your mindset right that you're working for yourself, right? And it's not about the dollar. Like this whole thing about getting that dollar Getting that dollar, getting that bag, getting that cash, it's, it's a distraction, it's, it's a lie. Ignore it. You want to build wealth. Wealth in your brand, wealth in your reputation, wealth in your name. So people say, okay, John, I hear all that philosophy, but answer his question. Like, well, I'm trying to answer the question because if you don't get this right, poverty isn't here. Beyond sussing his poverty roof over your head, food on the table, health, reasonable health care, all other forms of poverty are mindsets, which is why I love what you guys are doing by trying to get people's, get our mindset on. Open the door. A new form of affirmative action. Open the door. I get it myself. So once you get your mindset right, then you start looking at things that are right in front of you. What's a source of capital when you don't have any earned income tax credit? What's that? If you make $60,000 a year and you're listening or watching this program and you make 60 grand a year or less, and you never heard of eitc, congratulations, These guys just gave you some capital. If you make 38, 000 a year, you're in a small town in Columbus, Georgia or wherever you live, and you have three children, the government owes you a check for about 7, 500 bucks. If you don't know what EITC is, you never file for it. And most people make less than $50,000. Don't have a tax pro, by the way, so they, they wouldn't know this. Then it's retroactive for three years. My math, that's about 20 grand, give or take 20 grand. And, and there's no limitation of what you use that money for. So 20 grand, if you make 38 grand is more capital than you'll ever see in one time and you have ever seen in your entire life. Now you can go partying, which I don't suggest you do. You go on vacations, or you can take that, pay down your credit cards. So that gives you more limit on the credit cards to use that for your business. I started my first business on credit cards or buy a house. Down payment there becomes a wealth creation mechanism and a function in three or four years of pulling a home equity line out to finance a business or literally use that capital for capital for your business. So here's 10 grand, you know, puts it set aside 5, 10 grand for a sunny rainy day. Use 10, 15 grand as a capital formation, maybe even put that up to get a Matching line of credit from a bank. So that's just one example. And there's city eitc, there's state EITC in many places. But of course I'm about federal EITC. There's like $20 billion a year last time I checked. Never gets claimed by our people for our income tax credit. One out of four people who qualify for EITC never asked for it. I also use credit cards. When I was coming up to start my, and finance my first businesses, I went to Pet Boys. Doesn't. Does Pep Boy still exist?

[Ian Dunlap]

Yep.

[John Hope Bryant]

Thanks.

[Rashad Bilal]

All I want the Pep Boys for my automotive, I went to Sears. That doesn't exist anymore. For my suits and my, my business equipment, I went to Radio Shack. Doesn't exist anymore. For my first computers I had credit cards that I would use and I would, you know, I managed those minimums. Right. To make sure my credit score didn't get all jacked up. I, I had a Montero Jeep I leased. I didn't buy it. I leased it. It was better. It was an easier payment for a business purpose. Hope we cover that payments versus interest rates. But, and I, ultimately they chased me on that on that Montero Jeep because I defaulted on, on the lease, didn't, didn't pay it and they, I was homeless living in the back of it when they were looking for it. But ultimately when I did well, I paid him back and didn't have to file bankruptcy. So even I had struggles and I was homeless economically. And now, you know, we now know what the reality is. So anybody can go from the bottom to the top. And I did it with pure hustle because I didn't have. My mom worked an hourly job at McDonald's aircraft even though she passed away with a million dollar net worth and 800 credit score. But I didn't have a inheritance and my dad was a businessman but essentially illiterate. So he died broke. I took care of him. So I literally had to start with nothing. Eitc. My financial coaches at Operation Hope by the way, can help people with this. I'll give everybody listening to this program a thousand dollar coaching scholarship to get their credit score up and their debt down, their savings up and access things like EITC and other programs and your city like here in Atlanta. Invest Atlanta does investment grants actually for small businesses. Great. Which is almost unheard of. Let me stop. I, I can talk about this forever. But I, but I, you know, I.

[Ian Dunlap]

Love the post you had up last week. I have a question for you. What's the blueprint for us building our own table so we don't have to ask for seats of others that may not want us there.

[Rashad Bilal]

An excellent, excellent question. Look, this is the most disruptive. This is the most disruptive time in modern history. I let that sink in for a minute. I used to call this the third reconstruction. Now it's the third reconstruction on steroids. The first reconstruction was after the Civil War. Freedom second reconstruction, civil rights movement access third reconstruction. George Floyd's murder, the pandemic, 2020-2030. And I just figured it was opportunity for all. And after every reconstruction, within two years, we get freedom high. We get happy because we had opportunity. And the other people are like, oh heck no. And they start knocking it back. It's happened every time. So this is no surprise. But now you have artificial intelligence technology titans who are the new industrialists of the 20th century are technology titans today. Then you got on top of that artificial intelligence which actually while changing everything and destroying 75 million jobs, will create 88 million jobs and well, will destroy anybody. Anybody who's lazy with a high school education has got a real problem because that job at Taco Bell or McDonald's or CVS is gone. The grocery store job where you had the attitude and you didn't want to serve what you want. I want my service. That person's gone. Because artificial intelligence not is going to take, take it out. It's taking it out right now. Right? You go right now and there's a little tablet that you place in. You're doing self service. That's all robotics, AI, automation in real time. So the good news about AI, to quote Van Jones, is that while black, 99% of black people don't know nothing about AI, 99% of white people don't know nothing about AI either. So we're all starting at the same disruptive place. And while it would destroy our jobs, if you're an accountant, half those jobs gone. Maybe all those jobs gone as we know it, if you're a lawyer, half of those jobs are gone. Mortgage, processor, banking industry, all that's going to be disrupted and changed. All these documents we have to sign. When I signed, when I bought those almost 700 homes you talked about, I literally had to sign 700 stacks of paper one by one. That's all gone. I mean, the next couple with three, we won't. You, you won't recognize the world we live in by 2030. So it's gonna be incredibly. And this is the stuff I'm. And then you got what's going on in Washington? I didn't mention the obvious. Right. The complete destruction and disruption, by the way. All of which won't be bad. I mean, there's some stuff that was actually broken in Washington. They just. I don't like the way they're going about it. But. But whatever they bought, you know, when you break it, you buy it. So the dog is called the ice cream truck. The President now has everything he complained about in his grass. So if he screws it up, it's his. He owns it. The sum total of his question, though, is this is the most disruptive, transformational from DEI to DIY period in modern world history. Di. Do it yourself. So Ambassador Young at once told me he was on that balcony with Dr. King. He told, told me 10 years ago, don't take your eye off economic empowerment, financial literacy, because if ever politics fall away, civil rights fall away, social justice falls away. And he said, quote, I don't think it will, but if it does, all you're going to have is all black people have is economic strength. And so I wanted to create plumbing for us, which is what you guys are also doing in different ways. And now what used to be on the periphery is right at the center. So financial literacy is now the civil rights issue of this generation. It's as important as the right to vote. That's why I thought the credit score piece question was, again, other than God or love, there's nothing more important than. So you got to get your mind right. You gotta figure out whether you want to be an entrepreneur or whether you want to work for somebody, even work for somebody. And you have to recast your skills to the new era, which is if technology is at the center of your. It's not at the center of your world. You're screwed. You're not standing still. You're going backwards. It's not about love or hate anymore. It's about radical indifference. People don't care enough about you to hate you anymore. That's the new norm. Private schools, private roads, private planes, private transportation, private security, private health care. Now, you see that. See, we didn't. We didn't rehearse this. So, yeah, it's just, it just jumps out at you once you, Once you say it, once you mouth it, it becomes incredibly obvious. And these cap. Capitalism is a gladiator sport. Like, it's not emotional, it's not personal. You can make it moral. I try to be a good capitalist in my businesses. I try to. I've directed four and a half billion Dollars of capital under our neighborhoods. I've tried to do it in a way that makes me feel like I can go to bed at night. But some people aren't religious or spiritual and they'll take. They gotta take it from you to add to their balance sheet. So be it. And that's between them and God at some point. But in the meantime, you're hurt. So what we've got to have is a black Jewish business plan. I was in Poland two weeks ago, as I just mentioned, and you know the Holocaust, when you really fold that back, it was economic. They took, they took the Jews from their homes. What they do with the homes. The German Nazis took them. They took their stocks, they took their bond, they took their paintings, they took the gold teeth out of their mouth. I probably shouldn't say this on your program. It's really disgusting. They took the hair, turned it into rugs and sold it. They took the skin and turned it into lampshades and sold it. I mean, they monetized everything in the. So we talked, we focus on the horror, which is horrible, but underneath that was an economic agenda. What was slavery? That was economic first and foremost, but we focused on the horror of it all. So we've got to stop being surprised by people who are just about themselves. And we've got to get a non emotional business plan. And I think we need one in the net. I call it silver rights. From civil rights to civil rights. Bedded on the. Sitting on the. The platform of the third reconstruction. Don't be surprised people coming at you. I just mentioned that it happens after every reconstruction. Don't react, respond, don't react. Emotional respond. We need a business plan.

[Ian Dunlap]

And if I can follow up, what would that plan be?

[Rashad Bilal]

Basic stuff. I was about to use another word, but I realized I'm on radio. It was a French word, you know, I was about to say yes, basic stuff. I mean, my mother passed away at, you know, two years ago, September. 89 years of age, high school education, 8:50 credit score, million dollar net worth. She had a will. She worked 30, 32 years at McDonald's Aircraft. 15, 18 an hour. 15 to 18 an hour. So nothing genius here. She had a will. She had a life insurance policy. So anybody watching this, you're 25, 28 years of age, a life insurance policy for you for $100,000. First of all, there's a $25,000 policy inside of your health plan that you don't even know about. If you work for a company of any size, people don't Even know this why we're doing, why are we doing GoFundMe campaigns? To bury somebody is embarrassing. We should be doing that to start a business. There's 25 grand if you work your health policy in the details. Financial literacy. There's a death policy and knives in these plans to give you 25 grand to bury somebody. I know because I have to do that for my employees when somebody dies in our 4400 group family of employees. And I make sure people know about that. But beyond that, a hundred thousand dollar policy would cost you a term policy. 10 bucks, 20 bucks maximum a month. You spend that on, on Starbucks. A million dollar policy if you're young and in good health is at most 100 bucks a month, maybe even 50 if you pass away and you will, you don't know how long you're gonna die. You sure the hell going. You know how long you'll live. Your debt surely hell going to die. That's generational wealth. So when you pass away, you direct through your will that, that life insurance proceeds of a million dollars is going to go to Joe Jack Schmo, your husband, your wife, your kids. And you want them to. You can even direct what you want them to do to do with it. By the way. You can, you know, you can direct purposes for it. So if you don't have any capital, that's one way of creating it. We need a life policy. We need, we need a will. Everybody has to become a homeowner. Stop trying to rent from folks who don't want you in places that don't. That don't accept you with money you don't have to impress people you don't know about. That don't matter. Okay. I use the French word anyway. Go, go buy downtown versus renting uptown. If you're in Atlanta from the heck with Buckhead, God bless him. From midtown Atlanta, where Centennial Yards is where I'm an investor south of the airport. Read black and brown people. That's a gold mine. It's a gold mine. Buy everything up there. Buy it, rehab it, rent it, do not sell, Buy it, rehab it, live in it. Because do not, do not sell. Property values will do nothing but go up. You're in la South Central. LA South Central. Anybody knows South Central. It's been moving. The definition of South Central has been moving west for 20 years.

[Ian Dunlap]

Right? Yeah, it was before.

[Rashad Bilal]

If you, if you know, you know LA. It was a four. Oh, it was burning Vermont and nor in Normandy. Yeah, it was four. I think it was a not four or five. It was a 110. Right. You know, that was, that was South Central. Then when other folks moved in, then it moved, then it became over. Crenshaw, La Brea, La Cienega. Right? That's South Central la. Well, however you want to define it, it's centrally located real estate near freeways. Now, now anybody listening is wherever you live thinking about this now. Freeway. There are freeways near transportation, near ports, harbors, jobs, economic activity, the beach, waterways. That's centrally located real estate. An inner city in Europe is called Paris. It's called London. They put poor people in the suburbs, they figured this stuff out, let them travel. What racism was so bad here? These people were so ignorant. They gave us the most valuable real estate and they moved two hours outside of town. But now traffic's so bad they've moving back. The kids who don't, who don't mind hanging around us are moving back and owning our own real estate. So it's not too late. Every inner city in America is a gold mine. So homeownership, what do we say we call it will a life insurance policy. Term, if not whole. Start a part time hustle. You make sure, make sure you're nine to five. Finances, you're five to nine. So start a part time hustle, but keep your day job because if, until you, until you make sure the new shoes fit, don't give up your old ones because that has a lot of economic benefits you're not recognizing. Because entrepreneurship is very expensive. Right?

[Ian Dunlap]

Yeah.

[Rashad Bilal]

Open a stock account. This is something you guys, I mean, this is market Mondays. When you buy a stock, do something that's normal. Don't do this fancy stuff. Stop using your, your rent money on cryptocurrency if you want to use extra. Cryptocurrency is basically gambling. There's nothing wrong with it. My mother, my wife has got bitcoin. She's done incredibly well to it, but if she doesn't do well, she's got me, right? Stop using your. The number one investor in, in the, in the 10,000 cryptocurrencies that went bust were black people. Invest in blockchain. Now that's brilliant, right? This other stuff is like a gym membership is like a, it's like a digital gym membership. If you use it and it's sexy, it's promoted, it's valuable, but there's no asset value. But underneath it, holding it, holding it together. Tony wrestler keeps saying Tony, but love Tony. He was at a milking conference and somebody asked him two, three years ago, will you invest in crypto. And he said, well I'm putting bitcoin aside for a moment because that's actually done pretty, pretty well. He said if somebody could tell me why the value goes up and why the value goes down, I'll buy some. Of course was crickets in the room because there's nothing tied to why it goes up to go down well. So all these billionaires and, and sent the millionaires, they're doing basic stuff. This is what I'm talking about here. Right, so now we got now to stocks. What do you wear? What do you shop? Do you, do you go to Walmart? Do you go to Target? Do you go to McDonald's? McDonald's? Do you go to Starbucks? I mean do you, do you have a cured machine at home like I do? What kind of clothes do you wear? You. We're under armour. That's what she's buying. Do you like Nikes? Don't, don't make it complicated. Whatever. If you like it, your friends probably like it. So just start there and if you can't get a whole stock account, do fractional investing. I'm sure you guys have covered that. But you basically 25 bucks or 25 cents if you like, you can buy a fraction of any stock in the world. So let's stop with the excuses, let's stop with being angry because angry, that's not a strategy. You're just wasting time. Wealthy people talk about ideas, poor people talk about other people. So let's stop wasting all of our social media time talking about celebrities and hip hop artists and all this stuff.

[Ian Dunlap]

You know, thank you.

[Rashad Bilal]

And athlete. Wasting all of your. The most pressure you have is your time. You can waste my money, you cannot waste my time. Only I can waste my time. I'm ruthless about my time. So, so stock portfolio, real estate, homeownership and I. And then once you buy your home, use the equity in three years to buy a duplex, triplex or just another home in the hood, hood adjacent. The worst house on the best block in the hood. Buy it, rehab it and rent it. You do that three times, you'll be a millionaire in five years. So I over answered your question. You said how do what you know, how do we create a financial. A basic business plan. I just told you how to build wealth. Build, become a millionaire in five years. And none of that I just told you is complicated. Now we can build on that and make it more elegant, more sophisticated, but we got to get the basics right. And everybody needs to be obsessed with financial Literacy obsessed because it dictates your entire life. You can't even watch this show without private assets. The government didn't give you an iPhone. The government didn't give you a answer. The government gave you a computer screen. You can't go to sleep. The government give you the pillow. The government give you your sheets. The government's not paying your light bill. Most places you did that, the government's not paying your car note or gas. Like it's all around us, it's everywhere. But we don't, we want to spend the money. We don't want to. Nah, you know, I don't wanna, I don't want to deal with that. Sports business, the business of sports music business, the business of music and music was created by the mafia.

[Ian Dunlap]

So let's talk about it in tandem with gambling. Yes.

[Rashad Bilal]

So. So. And if you think you're gonna make money, you think you're gonna build, you're gonna. Well, yeah, I don't need to do unless I'm gonna go to Las Vegas, I'm gonna get rich. Really? Well, things keep getting bigger. What do you think? It's been getting bigger since the mafia created you think it's an accident the house always wins?

[Ian Dunlap]

So.

[Rashad Bilal]

So do stuff you can control. Get your credit score right, pick a good mate, get the noise out of your life to get the toxicity out of your life. Because if you hang around nine broke people, you're going to be the 10th. And then do these basic things we talked about. And once you do that, what's going to happen is the good idea spawns another good idea. One good action creates an offset. You buy that house. Now you've hired a land, a landscaper, a painter, you've hired a housekeeper, or you've had, you know, now you're doing economic development in your own neighborhood. Now you got control of who you hire. Hire somebody, looks like you and your whole mindset is going to change.

[John Hope Bryant]

That's a fact. Well, offer that you had.

[Rashad Bilal]

Operation Hope is the largest black male founded community based non profit in blackmail run in American history. 4.5 billion invested. The largest financial coach. 1500 offices in 42 states, 75 million dollar annual budget. I'm trying to hit 100 million this year just on that, that organization. Most of it's by the way from the private sector. And I want this to be this. I want us to become the Starbucks of financial inclusion. I want to become the America's financial coach. I want us to be like every place you go, there we are. And so we're the coach for all Delta employees, 100,000 Delta employees. And we're the coach for UPS employees and so on and so forth. The Venetian Hotel employees in Las Vegas oddly enough. And, and I, I want our people to have an entry point. So I, I'm, I'm going to offer through you two things I'm gonna give you. Everybody watching your program gets a thousand dollar. They just call and they just mention you earn your leisure. A thousand dollar coaching scholarship for good for a year. And we'll get your credit score up, your debt down, your savings up. We're getting credit scores up 54 points, debt down 3, 800. Savings up twelve hundred dollars. And in, in the course of twelve, six to twelve months, number two, I'm going to give you five five thousand dollar scholarships which is go people. We go into much more detail. We negotiate with your creditors, all that stuff through you guys, you guys decide who that is. I'm gonna give you five $25,000 in kind scholarships for Shopify and our partnership for one MBB one million Black business initiative where we committed to create a million Black businesses by 2030 and we're already at 450,000 Black businesses started, created, nurtured since George Floyd's murder. Each one of these grants is worth $25,000. Shopify, free account website, domain name payment systems, delivery systems, business plan from Operation Hope, credit counseling. I just mentioned all that stuff. Free accountant for two years, two years for two hours. Free attorney for two hours, free business manager for two, business marketer for two, two hours. A SWAT team around you that's worth $25,000. So five, five and free. So the thousand dollar scholarships and then you guys decide who get the five and the five on the five thousand and twenty five thousand. That's what I love about this. This is black men talking to black men. We didn't need anybody else, we didn't have to go to anybody else asking to do that. You're, I'm on your platform because you've got, you've got reach. You got you, you've got, you know, you got an audience. Kudos to you on that. You're building up media platform which hopefully has publishing rights that you own on the back end by the way because you're just like Michael Jackson. He had his Masters and so do you. You own your Masters and, and I am a self made entrepreneur and I can give you the, whatever this value was. And I just offered a thousand dollars for as many scholarships as they want in five times. 5,005 times 25,000. I did that because I'm the. I'm the founder, chairman, CEO and I'm the boss. That's what we want. That's why I like the color is green. I don't want to beg you for anything. It's a James Brown version of affirmative action. Open the door, I'll get it my damn self. And that's what we have got to do in the next five years because this about. This is about to become buckle up. It's about to get really bumpy.

[Ian Dunlap]

Absolutely.

[Rashad Bilal]

What you guys are doing which was nice five years ago is like breathing right now.

[John Hope Bryant]

That's a fact.

[Troy Millings]

Essential.

[John Hope Bryant]

That's a fact. Essential workers now. We appreciate it. Appreciate it. Definitely thank you for being generous and we'll definitely. We'll work on that. We'll get those names to you for the $1,000 costume. What should they. Is there like a link or number in the court?

[Rashad Bilal]

Open hand app is a. You can download it on. On the Android or Apple phones. The Hoping hand app. They just in the. When they're signing up say that I'm. I qualify for the 1000 scholarship from earn your leisure or to operational.org of course old fashioned way they just call the toll free number. It's on our website.

[John Hope Bryant]

You have it. Can't. Can't ask for more than that. So once again, I know you're a busy person, so thank you for taking the time out of your schedule and keep up the great work.

[Rashad Bilal]

No, God bless you guys, man. Keep. Keep doing what you're doing. This is. We're sitting in a moment in history. But history does not feel historic when you're sitting in it. It just feels like another day. But that does not mean the moment is not historic. So keep doing your great work. We the world needs you.

[Troy Millings]

Appreciate you. Thank you.

[John Hope Bryant]

Thank you. Thank you. You have it, ladies and gentlemen. Christmas has become.

[Troy Millings]

Somebody gotta do it for real. Some bosses. To bosses. I love it. I love it.

[Ian Dunlap]

That's what it's about.

[John Hope Bryant]

That's what it's about. That's what it's about. Ladies and gentlemen. Gotta help each other. Okay, well, that was another episode of Market Mondays.

[Ian Dunlap]

Oh, man.

[John Hope Bryant]

Yeah. For sure. For sure. Make sure you guys check out Blackout on Wednesday. And then we got the episode with the owner. Say less and we'll figure out how we're gonna pick these five, 10 people actually because it's five and five.

[Troy Millings]

Yep.

[John Hope Bryant]

So we'll figure that out amongst ourselves and we'll be letting you guys know maybe next episode. We'll let you guys know.

[Ian Dunlap]

Great.

[John Hope Bryant]

What the deal is with that.

[Ian Dunlap]

And if you don't have your Valentine's Day plans, even though Shoddy said Valentine's Day dead say less. May not be a bad get there early. Early.

[Troy Millings]

Valentine's day special.

[Ian Dunlap]

Porter Jr. Or somebody. Hey. Get there early.

[Troy Millings]

Do as I say, not as I do.

[John Hope Bryant]

Hello.

[Ian Dunlap]

Peekaboo.

[John Hope Bryant]

Shout out to Keith.

[Ian Dunlap]

Yeah.

[Rashad Bilal]

Oh, yeah.

[John Hope Bryant]

I'm New York City.

[Ian Dunlap]

It was my baby's birthday. Y'all had the black greats in the.

[Rashad Bilal]

Oh, yeah, yeah, yeah.

[Troy Millings]

Put on the show.

[John Hope Bryant]

Taylor Brown pulled up. Shout out to Jaylen.

[Troy Millings]

Fact, man.

[John Hope Bryant]

Mike Rashid was in the building. AJ, McQueen, Smith, Hopper.

[Troy Millings]

That's fact.

[John Hope Bryant]

A lot of Acre boys. Yeah, it was a lot of people in there, man. Shout out to. Shout out to everybody that came out for that.

[Troy Millings]

Yeah, it was dope.

[Ian Dunlap]

Do a drip report like the I'm not looking at the camera Drake move.

[Troy Millings]

Those are candid. Those are candid. Somebody gotta do it. Somebody got to do it.

[John Hope Bryant]

All right. It's been real.

[Troy Millings]

All right. Y'all be good to each other.

[Ian Dunlap]

We gotta find out who getting fired, yo. We. We gotta make some changes. Gotta make some changes now. Sack 4 times, no blitz 6. Sound like Kermit the FR. That next season, boy. Look, not that he needed more motivation.

[Troy Millings]

Yeah, next season they'd be. I mean, I got Rice coming back at wide receiver. DeAndre probably leaves, but he's a little bit older.

[John Hope Bryant]

Never count out the Chiefs.

[Ian Dunlap]

Where are you at, my boy? Zaire. We gotta have a conversation again about Pacheco's value. I told you.

[Troy Millings]

Pacheco.

[Ian Dunlap]

Yeah.

[Troy Millings]

Yeah. I mean, yeah. It was a beat. It was a beat down.

[John Hope Bryant]

Yeah, it's been real.

[Troy Millings]

Y'all be good to each other, man. Show love. Peace. See y'all Wednesday.

[Ian Dunlap]

Yeah.

[Rashad Bilal]

When you're with Amex Business Platinum, you.

[Ian Dunlap]

Have the card that works just as.

[John Hope Bryant]

Hard as you do.

[Rashad Bilal]

You give 150 to your business and.

[John Hope Bryant]

So does your card.

[Rashad Bilal]

With 1.5 times Membership Rewards points. On select purchases, you earn rewards that can take your business further. And with complimentary access to more than 1400 lounges globally, including the Centurion Lounge, you can stay up to speed no matter where your business takes you. That's the powerful backing of American Express Terms and points Cap applied. Learn [e-mail] AmExBusiness and now, a next.

[Troy Millings]

Level moment from AT&T business. Say you've sent out a gigantic shipment of pillows and they need to be there in time for International Sleep day. You've got AT and T5G so you're fully confident, but the vendor isn't responding and International Sleep Day is tomorrow. Luckily, AT&T5G lets you deal with any issues with ease, so the pillows will get delivered and everyone can sleep soundly, especially you. AT&T5G requires a compatible plan and device coverage not available everywhere. Learn [e-mail] 5G Network.