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Rashad Bilal
This episode is brought to you by PNC Bank. A lot of people think podcasts about work are boring. And sure, they definitely can be. But understanding a professional's routine shows us how they achieve their success little by little, day after day. It's like banking with PNC Bank. It might seem boring to save, plan and make calculated decisions with your bank, but keeping your money boring is what helps you live a more happily fulfilled life. PNC bank Brilliantly boring since 1865 Brilliantly boring since 1865 is a service mark of the PNC Financial Service Group, Inc. PNC bank national association member FDIC Ryan.
Troy Millings
Reynolds here for Mint Mobile. With the price of just about everything.
Rashad Bilal
Going up, we thought we'd bring our prices down. So to help us, we brought in a reverse auctioneer, which is apparently a.
Ian Dunlap
Thing Mint Mobile Unlimited premium wireless. Everybody get 30, 30. Better to get 30.
19 Keys
Better get 20, 20, 20.
Ian Dunlap
Better get 20, 20 everybo 15, 15, 15.
19 Keys
Just 15 bucks a month. Sold.
Troy Millings
Give it a try@mintmobile.com Switch upfront payment.
Rashad Bilal
Of 45 for three months. Plan equivalent to 15 per month. Required new customer offer for first three months only. Speed slow after 35.
Troy Millings
Gigabytes of networks busy.
Rashad Bilal
Taxes and fees extra. See mint mobile.com yeah, yeah, we here.
19 Keys
Y' all ready to back?
Rashad Bilal
Yeah, we here, man. I know you thought we were somewhere else, but we here, we here. And we was there, too, for the record. Shout out to everybody tapping in with us. Yo, it's the last day of June. It's the last day of the second quarter. Hopefully your second quarter is closed in an appropriate way. It was a. It was a pretty, pretty good quarter for us here.
19 Keys
Not recession territory.
Rashad Bilal
Nah, we out of it. We out of it. We officially out of my definition, at.
Ian Dunlap
Least by definition, at least by definition, we out, man. So, yeah, it's a lot to talk about. We got a special guest. The Brook, the good brother. 19 keys.
Rashad Bilal
Yeah.
Ian Dunlap
Will be in the building in person. He's pulling up on us. So salute. Salute. The Keys. He gonna join us the second. The second half of the show. So we got a lot to talk about. This week is a big week. We got blackout 10 o' clock Eastern Standard Time. Make sure you check that out. There's a lot to talk about. And we got a legend in the game. We got Ralph McDaniels, video music box pioneer when it comes to hip hop culture. One of the first people to actually start shooting music videos.
19 Keys
Absolutely icon.
Ian Dunlap
Yeah, yeah, yeah. So salute. Salute to Escobar. We was with Nas yesterday. Salute To Nas. But you know, the crazy thing about that is that he shot Nas's first video. It ain't hard to tell.
Troy Millings
Oh, really?
Ian Dunlap
He shot Wu Tang's first video shot by Ralph McDaniels. So, yeah, he got a lot to talk about. Shout out to Ralph McDaniel.
Rashad Bilal
And. And speaking of like, that post that we put up today, he actually introduced Nas to that, to the. The investment group for. For the casino. Shout out to Nas on that.
19 Keys
Did he really?
Rashad Bilal
Rock me downs. Yeah, man. Story's crazy.
Ian Dunlap
Salute to Nas, man. We spent hours with with him yesterday after his show and.
19 Keys
And any stories y' all can tell to the public.
Ian Dunlap
Yeah, let's. Later on we got. We got something. Legendary investor, legendary mc, top of the line musician and salad. Most of all, just class act. Class act dude, man. Shout out to him. Shout out to Jeff. Shout out to G Cold. Shout out to the whole team over.
Rashad Bilal
There, John Masterpiece, Team Peter. Shout out to all y' all, man.
Ian Dunlap
Appreciate y' all. Okay, I don't want to spend too much time because we do have a few announcements. We're going to be talking about the winners. We're gonna announce the winners tonight of the raffle.
Rashad Bilal
Yep.
Ian Dunlap
That's important.
19 Keys
Okay. Ghana trip on the way. Okay. That's a fact.
Ian Dunlap
I don't think we ran off on the plug. And we got a few other announcements, but I will say this. Shout out to my brother, Dave Shands. We will be at the podcast summit.
Rashad Bilal
Yes.
Ian Dunlap
August 8th in Atlanta, Georgia. So get. Get your tickets to that. Shout out to Dave.
Rashad Bilal
Yeah, man.
Ian Dunlap
You know, this is.
Rashad Bilal
We were at the first one. We had the first one. It's grown. He's grown. The podcast. He's added some features to it. And David's. When we talk about solid people in this space, Dave is one of the most solid.
19 Keys
Yeah.
Rashad Bilal
Brutally honest, man. And is always trying to innovate, man. So shout out to him. Shout out to the Podcast Summit. Yeah, I'm excited for that.
Ian Dunlap
Yeah, for sure.
19 Keys
It should be a streaming component still. Dave, I'll be get you to listen to Rashad Kai. But Podcast Summit, August 7th and 8th, we'll all be there.
Ian Dunlap
That. Oh, you're gonna be there too, right?
19 Keys
Yeah.
Ian Dunlap
Yes, sir. Today, man.
Rashad Bilal
We can do something special, man.
19 Keys
Yeah.
Ian Dunlap
And we're gonna be in Connecticut on July 12th for Ella. Elevate and celebrate.
Rashad Bilal
Yeah.
Ian Dunlap
Shout out to Mixmaster David. He's going to be in the building as well. So ct, we pulling back up on. On you guys, so check us out. Ian, any announcements?
19 Keys
Yes, if you want to get rich from the market? Go to Ian invest.com. i told you the market will recover. April 7th and 8th and 62 days. It took about 36 to break even. We are now at all time highs. If I've made you money, please put yes in chat. See you at the podcast summit. See you at Invest fest. And put it in chat. What topics do you want me to cover in my presentation? I went through 614 pages of notes this weekend. I'm excited. I'm figuring out some other little elements on stage. So after Magic Johnson, I will be given a magical performance on stage. See you there Sunday. And Blackout Live. And I'm G pop up as a celebrity judge even if they don't let me.
Troy Millings
Hey, B.
Rashad Bilal
Friday, Saturday, Sunday.
Ian Dunlap
Troy.
Rashad Bilal
Yeah. Yeah. Before we go any further, special happy birthday to my brother, G. His. His birthday is tomorrow. Happy birthday, Greg.
Ian Dunlap
Happy birthday.
Rashad Bilal
Love you, my brother. Just been an incredible dude, incredible role model for me. And shout out to everybody. Eylu that pulled up on Saturday, we had a little event. It was dope, man. Listening to the people talking to the people, hearing about how they invest in, hearing about how they create in business, hearing how they making money and they doing it together. And shout out to Charlemagne, the guy his birthday.
Ian Dunlap
Happy birthday, Charlemagne.
Rashad Bilal
Yeah, Happy birthday, man. Happy birthday.
19 Keys
Happy birthday to my guy, Ty. Love you.
Troy Millings
I was.
Rashad Bilal
I was getting there. I was getting there. Shout out. Shout out to Ty Sol his birthday. He shares the same birthday as my daughter. So he. He actually text me and I text him, happy birthday. Shout out to Ty, another dude. That is. Is solid. I know that's your right hand man. And. Yeah, but y' all know how this works, man. Do your own research. This is our disclaimer. Our content is intended to be used and 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 whether for the purpose of making an investment decision or otherwise. Y' all know how this works. Same message, same show every Monday. Continue to share the research. Continue to do the research. And when it's great, give credit. Let's build together. Let's win together, y' all. Love is love.
19 Keys
And there's more profitability and peace than there is war. Because you never know who you're going against. Stop there. But who? I got a Texas box.
Rashad Bilal
Yeah, man. Relationships.
Troy Millings
Oh boy.
Rashad Bilal
Be careful who you speak about.
19 Keys
For sure that's a fact.
Ian Dunlap
All right, let's talk about this AI stock. AI stocks drive the S P 500 to ultimate highs, outperforming every Magnificent Seven company since market bottom. So when you're talking about AI stocks, we're talking about Palantir, BST, NRG, AMD, even like Nvidia. And those, those stocks have outperformed traditional technology companies like Apple, Google, Amazon, Microsoft, Meta, even Tesla. So man, we, we've seen a record climb up since, you know, we, we hit that bottom back in April. What would you tell the investor that's right now that still has money sitting on the sideline? Because what happened is that, you know, people might have money sitting on the sideline and they might have put money in, but they might not have put all of their money in. They might have still, they still might have some money sitting on the sideline. What's the advice for the investor that has money sitting on the sideline right now?
19 Keys
Invest in the sector that is causing all the gains. Two things I did predicted in 62 days the market would recover where they're in at all time highs. But if we're going to be honest, I was thinking about this yesterday. I want to interrupt y' all because y' all was having brunch with us. But what does, what does a company like Salesforce do where the premise of the company is to make businesses more efficient and I love Mark Benioff dearly, like the company dearly. But if Google, which they have been doing an incredible job at focusing on their suite of services and their AI stack, what does a company like IBM do who has, I think they let off 8,000 people because of AI Salesforce do all the companies that will middle of the road and non exceptional. So my first piece of advice would be invest into the sector that matters the most, which is AI. Second, stop investing in non exceptional companies. Apple, I still have a grievance. You opened up at 248.93 this year. You're at $200 and 5 cent as of right now. Why? Because they chose to sit on the capital opposed to deploying it to the sector that matters. So AMD has risen, Nvidia has risen. Vistra, like even the energy component. And this is my frustration. And I know when this get clipped up people may say well you love Apple. I do. But also if a partnership goes awry and you're seeing that they're making mistakes, you still have to call it out. They could have invested in the energy component that was adjacent to AI and still had incredible exposure. So if you have money sitting on the side, I would definitely start with Nvidia due to political beliefs. I don't love Palantir, but I've always said that stock is going to run and I would stay away from the companies that are not innovating and have money deployed in this space. Meta and Open AI are still fighting and having a great battle over talent. Meta's hit an all time high or pushing towards all time highs as a result. Great job. But I think the companies that are under invested in AR are paying the price for it today.
Rashad Bilal
I'm with you. I feel like a few months ago I did a class and it was titled the Data Center Revolution. So anything involving data center, whether it be the semiconductors inside of it, the connectivity that's going to go inside it, the liquid cooling that would be going inside of it, the infrastructure, the energy.
19 Keys
Apple couldn't have invested in the Data Center. Even 25 ownership in it, that would have stock up 40 just off that alone.
Rashad Bilal
And those stocks, I mean those stocks, we were saying block out the noise, block out the noise. I know it's tough when your portfolio is down and the market is down and you're seeing red days. It's tough to block out the noise and just channeling and focus. But that's exactly what you should do. Right? When we saw what happened April 7, it was the same thing. Let's just block this out. We're staying where we are. The data data center revolution will be monetized. And if you look at the companies, TSM all time high, Nvidia, all time high. AMD has gone up by 50 micron, hit its all time high. Right? All those companies we talked about, Vertiv, Bistra, Celestica, which is a company that nobody was talking about, if you look at their charts, these all have peaked for the, for the one year, if not for all time highs. And it speaks to where we're going with this because we're still in the early innings of it. Right? Like some of these data centers haven't come to line yet. Right. The data centers that TSM are putting together, they haven't come to line yet, but they will be in the next few years. When we talk about energy consumption, that is at the forefront of all the conversation. How are we going to power this? How much more power do we need? That conversation isn't going anywhere. We still need more power. We won't be able to use.
19 Keys
AI.
Rashad Bilal
At its full capacity. If we don't, who's going to lead that? We talked about Nvidia, we talked about Blackwell. Right. Blackwell had a supply issue. That supply issue is no longer there. Blackwell Ultra. We already told you what's coming from that. We told you who was going to be helping them get this into the hands of consumers. When we went to GTC and Corey was the focus of the conversation, we saw that. We saw what was going to be the liquid cooling furtive. We showed you that. We told you that. So if you're looking where to invest, I'm still looking in those places. Absolutely. They're the ones that are keeping the market going. I would throw Netflix in there as well. That was another company we spoke about and I don't see them slowing down and they haven't. So I would say that I would be mindful though of the seasonality of investing. Right. So now we're going into the summer months. Third quarter is about to start tomorrow. July is usually the best month in the first third quarter for a reason. That's because if we've seen over the past five years, especially since we've been doing a show, if you look at how August has performed, a good time.
19 Keys
To buy but it's a rough one. If you about to take.
Rashad Bilal
If you look how September performs, you'll see signs of. Right. What you just said, Ian. Yes, we've hit some all time highs. There will be some pullbacks. They're going to happen. We shouldn't run from them. We should be positioned. If you went up 100%, are you taking profit? Right. If you went up 400, how much profit you took taking to now put on the side to say hey, I know there's going to be some pullbacks here. There might be some more opportunities for me to especially in the options space to now elongate some of these calls because some longer leaps and companies I believe in. So I would just look at what my strategy is knowing that yes, we've hit eyes, yes there's going to be pullbacks and it might be some deeper ones. These companies aren't going anywhere. I still believe in them. I'm gonna keep investing in them. Let's just reassess it.
19 Keys
Yeah, here's why it's important. The battle for energy generation is heating up between us and China. We're losing Rashad. She was just there. But China is at 10000 terawatt hours for the country. United States is at 4 000. So whoever has the most power for the country to then power the GPUs that they're going to get from Nvidia is going to win this war. I think it's the most important war of this decade. So for those of you who are looking for a key factor or catalyst reason we can't lose this race to China or we're going to end up losing the investment war there as well. So.
Rashad Bilal
Yeah. And, and if you live in rural areas, if you live in middle America, you're probably seeing these, these big huge football field like sizes, factories that are being built for not people but for actually machines.
19 Keys
Yep.
Rashad Bilal
So those machines need to be racked, they need to have connectivity, they need to have power, all those things. I would dissect the data center and look at the companies that are inside of those spaces because that, that is the way of the future.
19 Keys
Like I was on the highway and I was riding past, I'm like what is like the Russell 2000? I don't. What would that recover? Like what value does a company like Carvana have in comparison to Deep Seek?
Rashad Bilal
Yeah, you said Salesforce, so I'm not sure. Did you see Benioff said that 50 of, of the workforce is now done by AI.
19 Keys
Good. He's right out that Elon playbook.
Rashad Bilal
Well that's what you had. So like when you were saying it, that would be the answer to the question. You increase revenue, how do you do that? You cut workforce, how do you do.
19 Keys
That while being a favorite? Because at some point I think they're going to need to cut up to 80 of the workforce and, and then the management of the robotics or artificial intelligence has to be at the forefront. But how do you do that and not be demonized as a villain? That's the only conundrum I'm, I'm having with them. If anyone could do it, I think he's charming enough to do it. But I just, and we had this conversation a few years ago. I love the company. I just feel like they are too reactionary and not proactive enough. But Apple, would you please put out an investment plan for AI Please.
Ian Dunlap
So it, so is it, is it. Should people invest at an all time high? Should they wait for a pullback?
19 Keys
You gotta wait for a pullback no matter what. 10 minimum, ideally 20 tune into the show every week. I'll tell you what to get in, if I've made you money, please put yes and shout. If not, you're gonna have a tough time. Come August everybody gonna be screaming yes. And Chad, you're gonna be the Only one mad.
Ian Dunlap
So top AI. Top AI stocks. Top AI related. What's the top five?
19 Keys
Top five? Top five. Nvidia, Palantir, Microsoft. I'll let you two fill in the other two. Pause, if that's possible.
Rashad Bilal
I'll say Taiwan, Semi.
19 Keys
Oh, for sure.
Rashad Bilal
And I'll say Broadcom.
19 Keys
Broadcom is still a sleeper. I don't even know if it's not respected enough. Nope.
Rashad Bilal
Yeah. I don't know if it's. At this point, I don't know if he even qualifies asleep. But the way it's moving. Another company that's hit us all time, huh?
19 Keys
Yep.
Rashad Bilal
Is that five?
19 Keys
Yep.
Rashad Bilal
Okay, you got another one.
Ian Dunlap
So, I mean, a bonus, you know, amd.
Rashad Bilal
Amd? Yeah. I mean, dark horse. They said. You know what they told me? They said, thank you for fighting for amd, Troy. After Ian kept telling us it's over, he said, you just kept fighting.
19 Keys
I was like, it's not better than Nvidia.
Rashad Bilal
I said, it's not better. It's not better than Nvidia. But it is fighting. It is fighting.
Ian Dunlap
There's nothing wrong with being number two.
19 Keys
You said what?
Ian Dunlap
You can make a lot of money being number two.
Rashad Bilal
Y' all kill me for saying that.
Ian Dunlap
Well, who. What are you talking about?
Rashad Bilal
When I said. Yeah, right. When I said y' all was okay with being number two, y' all destroyed y' all. Y' all would defensive about. I'm like, nah, in this space, it's okay to be number two. You're like, if you're not number one. That was your stance. That was Ian Stands.
Ian Dunlap
I don't think. Well, I don't think that we killed you for it. I don't think we killed you for it.
19 Keys
No.
Troy Millings
No.
19 Keys
I wouldn't say I killed.
Rashad Bilal
Obviously not killed me, but y' all. Y' all had some debative points about that stance. Not killed me, obviously. I didn't kill me. Yeah, you swung to the side of. It's okay.
Ian Dunlap
But it's always, though. It's always okay to be number two. Would you rather be number one? Of course. But number two, you're gonna make money if you're number. If you're the second best basketball player in the world, you're gonna make money, right? You're gonna make money. You're not gonna be LeBron James.
Rashad Bilal
I'll let you two go back and forth. We did the top five, and I love all five.
Ian Dunlap
If given the opportunity, you want to invest with the number one. Of course.
19 Keys
Course.
Rashad Bilal
Yeah. I'm not mad at that that's always been my stance but I would even say especially if I'm looking at single, single equities. We always say if I'm looking inside the ETF let's take the top three. Like I've said that. Yeah over and over numerous times. Look at the top three companies. Why that's because that's where the money's moving. So I would even look top three if I had to. Not mad at them.
19 Keys
Yeah, I'm not mad at it. And for the record AMD has been in our portfolio since 1718. Probably they just have underperformed.
Rashad Bilal
They still haven't got to the the all time high but they are fighting a good fight. It looks promising. Oh Saudi though change things.
19 Keys
Power of relationship. I know this always gets brought up. They made the right move at the right time and took the slot that Apple should have had. Apple didn't make it. AMD did. It has went well for the equity ever since.
Rashad Bilal
Yeah so we got. I'll just add some, some sleepers. Obviously we spoke about it. Micron's still in that space. It's going to be interesting when we talk about made in America. Right. Like if that's the administration's stance in terms of manufacturing, in terms of artificial intelligence. If we look at the high bandwidth memory sector, right. Which is what Micron's in, there's two top competitors are not made in America. Samsung and it's Hyper ndx. And so if you're starting to look at where their factories are, I know they have one in Idaho. There's a plan. Idaho. They're doing one in New York. There's a clear path here for them to start leading in that space which is why I like them as a sleeper. And then super Micro, we can't forget about them.
Ian Dunlap
Okay, okay, let's talk about bitcoin, shall we? MicroStrategy just added another $530 million worth of bitcoin in it in their portfolio. And Bitcoin is one of these commodities that actually is not at its all time high but has only had good news. It's been good news out the good news out the good news. So a lot of people are saying like okay well if it's having so much good news why is it not at 150000 a lot of industry leaders and shout out to everybody that came to the EY University if you're. I was talking to Austin and he was saying like you know a lot of the, the projections are 150 by the end of the year 180 by the end of the year. So okay, Bitcoin is getting adopted at record breaking levels. Banks are buying it. Microstrategy is buying it. How come it's not? How come his price has not reflected the amount of institutional buying that it's received over the last couple of months?
19 Keys
I'm honestly, I think it has reflected it. If we go back from April, was that 74, 629 and it got to 112, 345. Like I know people want everything. We're into like memeification of return cap tables where everyone wants five to seven thousand percent return going from 74000 to a hundred and twelve 000. If you did that three years ago, you will be the second coming of Warren Buffett. So then and then a pullback last week to 99 went up to 108. I think the return expectations that most people are having are too high. I think probably by September or October should get to 135, 15 and then hopefully by January we'll be at 154, 655. So I think it's on a good pace. A great pace and great return schedule and anything that goes up too quickly, if it shoots up 300 over a 90 day or 120 day period usually corrects half of what the gain was. So I would rather a slow and steady race of incrementally improving opposed to these big doom and gloom cycles where we shoot up to the moon and then it retraces back down. So I think it's actually on great pace for what it should be doing.
Rashad Bilal
Yeah, it's interesting. It's kind of tough. We always talk about stocks and catalyst events and it feels like crypto the space has had a bunch of catalyst events so it's tough to just move on that momentum. Obviously the genius act which is waiting to go to the house to see where we're going to stand with that, that would be a huge one if the house passes it. Now we have legislation inside the crypto space. The circle IPO I thought was huge in terms of stablecoin. Right. You saw JP Morgan trademark the JP Stable coin and so that's important. Visa obviously in that space.
19 Keys
Robin Hood, Vlad been on this media run.
Rashad Bilal
Glad. I mean shout out to and I'm glad you brought up Austin because we were having a conversation about what would kind of be the next catalyst VO and he was like circle your calendar for July 22nd. The working group on digital asset markets. The final report has to be submitted to the president. And so let's see what happens around that. Does he sign anything into law or does he sign anything in or what is the momentum that changes from that date on? Because we've seen momentum move. We've seen catalyst events moving. Nin's been like kind of trading sideways, which is fine. Like you said, that, that, that increase since the inauguration has been incredible. Let's see where we go after we start to see legislation actually getting passed and put in the law.
19 Keys
Circle group went from 298 and is now at 180. I think the Circle Group is promising, but it's a prime example. One from a low of 64 at IPO went to 298 and now it's retraced over half of those gains away lockup periods for the investors. Pre IPO matters a lot.
Rashad Bilal
I'm glad. And this is what we spoke about last week when we asked is it core weave or is it circle? Yes, it's both long term. But do we go against our discipline and say, all right, we've watched these things go. We're not investing in IPOs until six months because that lockup period expires matters. And what you're going to see is.
19 Keys
A lot of liquidation. Oh, we're going to liquidate this public service announcement. I was invested in bitcoin when Montgox was a thing. So I know some of you trying to remix Chris and Chris Johnson and Michael Saylor strategy and then come at me to build your brand. I was in, in 2017, Matt Slit, employee number 200 at Facebook. Facebook at the time told me to invest in bitcoin. I'm not a bitcoin maxi, but I want to let the record reflect. And then I lost my bitcoin in the Mount Gox scandal. But you can save all your think pieces on what I think about the asset because I've been invested for a long time. If I made you money, please put yes in chat.
Ian Dunlap
And speaking of bitcoin maskies, because.
19 Keys
Oh, well, no, you could have xrp. We are new.
Ian Dunlap
What do you mean?
19 Keys
Oh, I thought she was gonna go at the bitcoin maxis real quick.
Ian Dunlap
No, no. What, you know, okay, at the beginning of the year, my, my two, my two predictions, my, my two favorite investments was Bitcoin and MicroStrategy. You did say that MicroStrategy is up a hundred dollars in six months quietly and bitcoin is on a steady pace. So speaking of bitcoin maxis, when it comes to king cobra of Bitcoin maskies. His name is Jack Dorsey. Pioneered a lot in the original. Michael Sailor changed the name of his company from Square to Block, as in Blockchain. So we will be interviewing Jack Dorsey at Invest Fest. Myself, Troy, Ian. Market Monday's live, first time ever.
19 Keys
Hey.
Ian Dunlap
And he hasn't, you know, he's going to address the. The crowd. But it's more, it's more than just him addressing the crowd at Invest Fest. Shout out to the good folks at Block. They're really involved in it. That being said, told you. Every week we're going to announce something.
19 Keys
Hello.
Ian Dunlap
This week the good folks at Block are sponsoring. Okay, drum roll, please. Block has decided to help empower the next generation of entrepreneurs and people that want to get their finances together. 50% off of every type of ticket. 100. The first hundred.
19 Keys
Wow.
Ian Dunlap
So they're sponsoring 100 tickets. 50% off. And they're sponsoring 10 vendor booths. 50% off. So they're sponsoring general admission, VIP, whatever. Just the hundred the first time as well. Yeah.
19 Keys
Oh, wow.
Ian Dunlap
Yeah. The first hundred people and the first 10 people that sign up for vendor booth. So the code is block B, L, O, C, K. If you go to invest fest.com enter block at checkout. The first hundred ticket buyers get 50 off in the first 10 vendor booth people get 50 off. Okay, so first come, first serve. If it lasts 10 minutes, it lasts 10 minutes. If it lasts a day, whatever. But it's a hundred. It's not. It's not like 48 hours. It's not a week. It's 100 set. It's 100 set tickets. And like I said, that could be any ticket. But it's just 100 tickets. And there's 10 Vendables. 50 off. First come, first serve code Block. Shout out to the good folks at Block. Appreciate. Love the initiative.
19 Keys
Love you guys.
Ian Dunlap
And yeah, you should take advantage of it. Why not?
Rashad Bilal
Yeah, man. That is a ridiculous opportunity right there.
19 Keys
For real?
Ian Dunlap
Yes, sir.
19 Keys
And if the return of bitcoin on average is 72% in aggregate from the drop of. Good. Quiz. What return is that since April? I think it's important to know what the expectation of return is for the assets you're investing in. But from that low of April, I think it's done incredibly well. And you want slow and steady, especially if you have a significant amount of capital into it. You don't want a sharp 20 drop or 30 drop over a week. And I think with all the institutions being invested, we aren't going to have those deep drops that we used to have prior to them taking over when the banks took over like I predicted they would.
Ian Dunlap
Yeah, for sure. Oh, and shout out to everybody into the pitch competition. Jalen Brown, two Chains and Paul Judge. We were reviewing applications and we'll, we'll see. You know, you know what's funny about this pitch competition? So 1800 people opened up the, the thing to actually get into the portal and like 250 people actually completed it. So what that tells me, because you know, Paul, is it is like a, like, you know, you gotta have things. But you know what? I thought about that. They say 80% of people that buy courses never finish the course.
19 Keys
Never finish them.
Ian Dunlap
70% of people that start a book never make it past chapter four. And then there's, there's a whole bunch of stats like you, most podcasts never.
19 Keys
Make it past three episodes.
Ian Dunlap
Yeah, there's, there's a whole bunch of things. Right. And so when I, when we saw, when we heard that number on the back end, I'm just like, oh, wow. This is, is it a psychological thing of not being able to see things through the finish line if they're deemed a little too difficult? But if you can't finish the application, you're not gonna, I mean, I hate to say this, but you're not gonna. The125,000 is gonna help you anyway.
19 Keys
It's true. If you have no sick to itiveness. Yeah.
Ian Dunlap
If you can't do a five, 10 minute application.
19 Keys
Yeah.
Ian Dunlap
Right.
Rashad Bilal
If you can't spend five minutes to potentially get 125, 000. It wasn't.
19 Keys
But for those of you who did, it should show you sometimes excellence is just being prepared and showing up consistently more so than ever. That's 13 of the people who applied who actually finished.
Rashad Bilal
It's the biggest barrier. How consistent, how persistent can you be?
Ian Dunlap
Yeah. So I think that that ends tonight, right? At midnight.
Troy Millings
Yeah.
Ian Dunlap
So, yeah. You got a couple more hours. You got a couple more hours to finish that pitch. Come. But I just, I just wanted to say that, Mark, because I think it is a business lesson of sometimes all you got to do is actually see things through. You're tremendous. Your odds of winning has increased tremendously.
19 Keys
Mm.
Ian Dunlap
Just by finishing the application.
19 Keys
Yes.
Ian Dunlap
Right. Like look at the statistics mathematically from that number to this number. Now, there's no guarantee that you're going to win, but just by finishing the application, you have a ten time. You, you, you've ten times drastically improved your chances of being successful and you're in a much smaller pool. You're in a much smaller pool of people by doing nothing but just finishing that. So sometimes in life, you just got to show up. You just got to see things, just got to finish it. Just by doing that, you'll. You'll be surprised how far you'll go in life because the average person is not willing to see things through.
19 Keys
The interesting part, I'm living proof of that. When Art first showed me how to invest, I was like the last person that he had faith in, but the only one to execute all the way through it was 10 other people he tried to teach investing. They didn't stick with it for longer than three days. He's like, if you can stick with it for 100 days, like, your life would be changed forever. The other 10 still haven't stuck with it. And here I am with y' all. Get your tickets to invest first.
Rashad Bilal
That's a fact.
19 Keys
One, A lot of it is showing up every day. And not like. And I'm gonna go over this in the presentation, but like the mama mentality of investing in trading. You have to show y' all. Y' all could have stayed there and probably politics for another day and record a con. Yo, 30. I'm like, who am I to tell? Record whenever y' all want to. As soon as y' all get that cool, I get it. Got across the border.
Ian Dunlap
Now you gotta finish. So we could talk about investing strategy, business strategy, business credit. But sometimes in life, it's the. It's the small things that go a long way. How you do one thing is how you do everything. So finish what you started in life. If you don't remember anything else, finish what you started.
Rashad Bilal
Have to finish your breakfast, please. One out of 250 over one out of 2,000. I mean, those. Those odds seem like no brainers to me.
19 Keys
And also if you are in the pitch competition, finish your pitch deck early and practice like crazy. There's a reason why I practice for so long. I know last year the queen one because her energy is one of a kind, super spiritual person. But practice your presentation because Paul is looking at a different lens than some people are looking at. Please have your data down. Return on investment, acquisition cost, and what kind of return you're going to give. So be prepared.
Ian Dunlap
So Nvidia insiders dump more than 1 billion. A billion and company shares, including the CEO, Jensen, he jumped. He dumped some shares as well.
19 Keys
Gotta buy some more. Alligator jackets ain't cheap.
Rashad Bilal
I don't know if y' all know that's a fact.
Ian Dunlap
So should this, should this be reason to be concerned?
19 Keys
No, I think one thing, I mean Nvidia is at a all time high. If I made you money, please put yes in chat. Thank you. For everyone who's invested long term, I'm proud of you. A lot of times when these stories come out, people aren't looking at the point of exit upon liquidation. They've been selling into the strength of the stock and it started like around a 14218 area. They just are exiting at great points. When we went to Nvidia, we talked to a lot of people who have been holding their shares eight or nine years. Well, if you're up 15,000%, it may not be a bad time to liquidate. And what's not often talked about is when people liquidate for these life events they often rotate back in at a later date. But if they're exiting at an all time high, that should tell you something. So like I would be mindful of hypothetically if I got in in the market in April, invested in when I made the call out and then Jensen exit, I would exit when he does for maximum profitability and then I would wait for the next drop. It's a great headline but I think too often people forget how long of a period of time these employees and the CEO has been holding these shares.
Rashad Bilal
Yeah, I think this is much different from winter of 22 when we saw all these different. It is much different, you're right, it's one of these things, you know, Jensen being obviously his founder of the company and Nvidia hitting all time high. Yeah, you're going to take profit. If you look at the wealthiest people in the world, he's creeping up. He's in the top 20 now based on this run. Yeah, but Nvidia itself as a stock, it still has so much room to grow. Right. Like when in January it was trading at 146, so 149, that's all time high. Today it's at 157. That doesn't feel like much of a move. But you take deep seek into account in late January, you take April 7.
19 Keys
Into account the Iran conflict.
Troy Millings
Right.
Rashad Bilal
All these conflict and we got down to the 90s and now we're here up at 157. I think we're just getting started. Right. It, it, it hit that technical level of that, that golden cross where the 200 EMA is now under the 50 day EMA. So we're looking at a bullish pattern for Nvidia going Forward, sure. Which is interesting because it feels like it's, it. It's always been bullish and we've always been bullish on it. Maybe that's part of the reason. But it still has so much room to grow and it still is going to be the leader for the next, like we said, two to five years in the space and so yeah, there's going to be pullbacks. Yeah, it'll drop back down. But if you've learned nothing from just this year, forget everything else. Just this year. When you saw it in the 90s and you saw it at 89 and we're like, listen, I don't care what you, you should be investing. You should be investing. You should be investing. You see it, pull back again 20 cent 2025. Same rules apply. This is going to be a leader for the next two to five years.
19 Keys
Public service announcement. I shouldn't have to call the price three or four times. If I keep say 93. It's one of the greatest runs that we've had. End of year target for Nvidia is 187 18. That's why I projected to get to by December. One of the greatest American companies, one of the greatest equities that we've seen. And in terms of return, it's only thing that has been better over the last 10 years is Bitcoin. Hope for the long term, Anything in the 90s buy if you missed it, come to Invest Fest. I'll give the price where I think Nvidia will go to. If I've made you money, please put yes in chat. But like that, that's the same thing. Stick like, stick to itiveness and execution. Pays more than fodder and wondering because I remember everyone was like yo, will it get, will it get there? Then it got to 93 and people's like ah, it's gonna fall. Just continue to hold for the long term.
Rashad Bilal
Yeah, it was, it was fighting to get above that 137 line and once it crossed there it was like, okay, next barrier is 145. It got past 145 and now it's been trading over 150 for the past couple past week or so. So we'll see where it's at it.
19 Keys
And the thing that I love about the company, they are not resting on their dominance they've had for the last two years. They are still fighting for better GPUs. The companies ran immaculately but they're doing better there. And like we said, just being able to meet the employees they're some of the brightest people that I've met with in business. You cannot deny the team and culture that they've assembled. So they are number one. And they're not resting on that laurels. Unlike, like IBM, unlike Apple, unlike intel of a different era. They're finding ways to get better every quarter, it seems like.
Rashad Bilal
Yeah. And make no mistake, they invested in a company that you're probably not even thinking of. But core weave is renting.
19 Keys
That investment is great.
Rashad Bilal
That investment is paying off of them pretty, pretty nicely. Right. They're renting GPUs from Nvidia and those, and they're renting those out to companies. And so that's a core business for them as well, even though it's traded as a totally different. Different style.
Ian Dunlap
Yes, sir. Okay. Is there any company that could overTake Apple in third place or will Apple take back the number one spot?
Rashad Bilal
All right, now we can slice over.
Ian Dunlap
The next few years.
19 Keys
GameStop. What's some other meme coins y' all like, Nicola? I mean, it depends on what time frame we're talking. If we're talking. If Apple does not invest into AI or has a significant partnership in four or five years, it's a great question. I can see a conglomerate like Saudi Aramico taking it, but I think someone in the AI space could definitely take it. In an imperfect world, if they don't make an investment by 2030, I think Apple will be fifth in terms of market cap. That's why I keep beating this drum about them needing to make a course correction. But where's Meta on the list?
Rashad Bilal
Meta is number six, Meta's number six.
Ian Dunlap
And the people we talk about market caps for the market cap. Yeah, total market cap. So right now you want to do the top five market cap.
Rashad Bilal
So top five. I'll give you 10. Yeah, let's do 10. So at 10, we got Berkshire Hathaway at a little over 1 trillion. Taiwan Semi is 9, Broadcom is 8, Saudi Aramco is 7, Meta is 6, Google is 5, Amazon is 4, Apple is 3, Microsoft is 2 and Nvidia is 1.
19 Keys
Oh, if, if Apple don't get this together, Google can take that.
Rashad Bilal
I think number four is. I mean it's the obvious, right. Amazon is, is trailing it.
19 Keys
We know what they're concerns me there is profit margin. So how much they can reinvest, can they improve space? That's the only part I'm concerned about. Google's done a great job of, well, Sergey also being at helm and being in the office.
Rashad Bilal
So like profit margin I'm glad you said that because how does profit margin change over the next two to three years when things become automated? For a company that pretty much is making things automated already, if they increase automation, what does that do for profit margin?
19 Keys
That's true, but I think they have hard fixed cost that may be hard to be restructured. I'm not saying that it's impossible but for a company like Google that has more like I think it's easier to engineer their profitability a lot faster than Amazon. Amazon is the turtle in the race that could win for sure. But in the short term, if Apple does not significantly invest and Google continues to do so, like I pay for that suite just to test it. The suite is amazing and you know how I felt about Google. And then you know, they sent you the call and I got a couple of texts and they're like, try the suite out. Phenomenal. Veo is better than anything. And I know everybody that watched the show at HQ at Apple, you it is.
Rashad Bilal
No, you're not lying. It is.
19 Keys
The sweet is phenomenal. So I can see if now, if they course correct in a year or two and have a partnership with Perplexity or a major AI infrastructure company, they will keep that spot or remain higher. But if they don't, I can see them going to 5th and Google taking that spot. Meta's on a tear. And the thing I can say about Zuckerberg, you can say that he may copy or he may lag, but he doesn't lag for long and he's putting capital behind the AI investment to get them from open AI to Meta. You have Apple sitting on enough money to buy Syria cash free and clear and you won't buy an AI company. Why? And for everyone who may say this, stop saying that. I'm talking to people that work in hq. They have the same it's a leadership thing. It's not that there's not talented people at Apple. It's not that there's not talented product creators and product managers is leadership is afraid of what to do. And it's a great lesson of you can't miss time when to invest in the next thing, can't do it. Every year invest fest gets better in terms of production, sound quality. I'm here y' all said I'm still AI. Greetings Earthlings. All that cool. You have to invest into the project to make it better. And I hated saying it but Apple still has the worst AI product in Siri. I. I can't even when I do market research I have to exit out of Siri to go to chat GPT if I'm going to use voice mode to get an actual recantation of what's happening in the market. But you have enough money to buy a country continent as misplaced capital management at best so.
Rashad Bilal
So you gotta maybe potentially fall in.
19 Keys
A five worst case scenario.
Rashad Bilal
Worst case they're sitting right under three trillion. We got three companies at three trillion.
19 Keys
It's amazing.
Rashad Bilal
That is pretty amazing. And Nvidia is not far from four.
19 Keys
You think Apple couldn't have invested in Core Weave?
Rashad Bilal
Yes, but what would be the product.
19 Keys
Or, or a blockchain wallet? They could have just integrated something in the Apple wallet just for show.
Rashad Bilal
Yeah, I mean listen, we gotta watch, we gotta watch this. The Corey situation is interesting because even like Sam, we don't have open AI and obviously and they said if they IPO that could change things and I think we all agree with that. But even him now, you know recently he's talking about, he's, he's looking to go away from Nvidia's GPU's Smart.
19 Keys
Same as Apple went away from Intel.
Rashad Bilal
Yeah, yeah, same playbook.
19 Keys
I think the greatest business lesson in this is you can, we can talk about it on blackout as well but you can either focus on beating your competition or doing what is best for your customer. Amazon traditionally has focused on what is best for the customers that are in the Amazon ecosystem. Even if that means they are running negative in terms of profitability for 10 to 20 years to give you quicker delivery. And then the customers will love you so much they'll scale the business through the amplification of their happiness.
Rashad Bilal
But the court, I mean at the core, yes, we know the e commerce business but the money maker is the cloud service. Right. AWS is a large generator. As you get more AI, you're going to need more cloud.
19 Keys
Absolutely. A well timed great investment into the future.
Rashad Bilal
Right. That's why I said they. Yeah, I agree with you. Like their capex spend is always pretty high which obviously brings down the profit margins. But at a certain point they're going to start seeking the benefits of.
19 Keys
Oh absolutely.
Rashad Bilal
Investment. You know what I mean? And I think we're getting to that point. We're getting to that point.
19 Keys
For everyone who asks what would make me change my stance on Apple? I still believe in it as a company to invest in it is still the word core holding the 2Tech2 index. What I would love to see is an investment to AI and an investment into blockchain and or Crypto and then and an investment into quantum computing. That will be an investment into the future, not glass lens for it. And once again, you having that kerfuffle with Zuckerberg and Elon. This y' all little fight y' all having. Meta has you beat on the glasses with the Oakley partnership and the one that's coming that I can't talk about wiping down them little Google goggles, please. And then you scrap the EV car. Once again, you can only Rashad, when you create, do you create for the benefit of your audience? You thinking about somebody with a thousand followers who don't like you? I think it matters what your source of creation is it out of love or out of trying to destroy someone else? But what do I know?
Rashad Bilal
It's YouTubers.
19 Keys
I love y' all.
Rashad Bilal
Just some guys on YouTube.
Ian Dunlap
Okay, hit the like button.
19 Keys
Yes.
Ian Dunlap
And share and do remember. Thank you. To block, they are sponsoring 50 off 100 invest fest tickets and 10 vendables. First come, first serve, general mission, VIP, platinum, whatever. Just the first hundred tickets that go into code block at checkout and the first 10 vendor booths that go into code block block at checkout. First come, first serve. Okay, so we have a question from audience participation. I they said, what do you do? What do you use to differentiate the difference between a dead chart versus an amazing opportunity? I wish I was scooping up Robin Hood during that base. I won't miss it. Next bear market.
19 Keys
It's a great question. I think the difference between the it's not so much the chart is dead, it's if the company is dead or not. So if you take a company like Zoom, whom I love to use the product, but it's not a great investment. Or Zillow, if you compare that with Robin Hood, which Robin Hood I think was attacked because it decentralized investment opportunity into the market. And from the beginning they had a great fan base, great business, great CEO. Not just saying that because he's a a friend of the show, but I think they had a great business and over time it will only be so long that you can hold a great executive and a great company down. If you compare that with a hertz profit margin is terrible. Executive management is not that great. They don't really have a lead. They don't have a product that people love and there's no opportunity for gross margin or profit margin increases there. I think the difference is just knowing a great company from a bad one. My rule of thumb has always been if you have to ask is a company good, it's not greatness you can't avoid. So. But when there are opportunities, when a company is flat, like how Robin Hood was at that 11 to 15 range I've stated before, you want to stack as many shares as you can before they take off. Same with Nvidia, same with amd. We can go to Tesla. Before Kathy Wood made her proclamation on CNBC and they left her off stage and then Tesla, Tesla took off to the upside. If you believe in a great company, you should throw as many shares as you can into it. And I've always said, like, you want to be in a position minimum to get to a thousand shares and then ultimately 10,000, because at that number you can write your own ticket for life for how much money you're able to produce out of the market. So don't look at it so much of a dead chart. But is the company dead or not?
Rashad Bilal
Yeah, yeah. I mean, from a technical standpoint, I would be looking at the value. Right. If you want to see where a company's moving or how many people are interested in the company, look at the value of how it's training on a daily basis. I was trading on a weekly basis, how it's trading on a monthly basis. I would look at the trends of the can. Like if you use candlesticks, look at the trends and where they're going, you can see momentum. Right. I think that's one thing that people can see. Like when they just use a singular line. Yeah, it looks pretty preschool. But if you just put candles on, you start seeing momentum. You see green, you see red, you look at which way that the momentum is going. Sometimes that's a good indicator. I know RSI is something that I, I use, Ian. I know it's not the biggest fan of it, but so 95.
19 Keys
5. I don't like the 70, 30 or.
Rashad Bilal
80, 20 I can do, I could do 80, 20. I can do 80, 20 on ours. It just, again, it's just giving me direction or where the trend is headed. Right. So if something is overboard or oversold, that, that tells me a little bit about what the market is doing with it. So when you see that and all those things are aligning and you see an upward trend and you start to see green ticks in your candle, there's momentum that's moving up and you. It's okay. Somebody said this the other day. They were like, it's okay that you miss the first 5 to 6% on the way up.
19 Keys
Yeah.
Rashad Bilal
Just don't, don't, just don't miss the 30% move, it's okay. And a lot of times people say, all right, well it went up 5% today. I gotta wait for it to pull back. No, this still might be a good time for you to, to get into that position.
19 Keys
Also. Also too in closing, I think a lot of like in the Balma era, the candles may not have been representative of the value of the company because of who the leadership was then when Satya came in and took off to the upside. But Microsoft still was Microsoft. Even while Apple was putting out the I'm a Mac versus PC campaign continually invested through. I think we are at an inflection point where Apple, I think we've hit the top or the maximization as Cook as CEO, I think you should move to Chairman. I think Apple will have a tremendous run if he is replacing. There's a new CEO that brings in new ideas and articulates the future of Apple a lot better over like the next five or six years. So a lot of times that catalyst could be executive management training change, product change or focus in certain areas. So yeah, yeah, I don't care if Microsoft stayed flat for 40 years. I would have continually invested in the base on the profit margin, gross margin, market share dominance that they had.
Ian Dunlap
Okay, let's talk about this. With the economy down point two percent in Q1, are we just late to call it or is this construction the first domino in something bigger?
19 Keys
Anything with GDP and recession. I don't even think we should talk about it anymore because if it's not going to be coffee, as long as we're not negative 5%, I'm fine. Powell and Trump are still having their battles back and forth. I don't know how that's going to land and how it's going to finish. But as long as we're in somewhat positive territory, I think we'll be okay. We've talked about it before. The stock market and the economy are not exclusively tied to each other one to one. So we're seeing great liftoff in AI stocks and certain sectors. But it may not be reflective of the total economy. But I, I wouldn't worry about this. Day to day, I don't think it's, it's really important unless we actually hit two negative quarters of GDP growth. And even if so, will they announce it?
Rashad Bilal
No.
19 Keys
Once those rules change, there's nothing we can do about it.
Rashad Bilal
Yeah, and they're gonna help. They're gonna help, right? Two rate cuts, they'll help to help.
19 Keys
Do we think we'll actually get a Rate cut?
Rashad Bilal
I think so.
19 Keys
Why and why is one needed?
Rashad Bilal
Well outside of the pressure from the President. Right. If, if we look at gdp, if we look at cpi, if we look at the unemployment rate, will those increase over the next couple of months, summer months as we look at automation going into the third and fourth quarter, I think so. When you hear companies like a salesforce saying they using 50 of the companies is AI now there's going to be jobless claims and we know how this works. Right. If, if more people lose, lose their jobs. Right. Unemployment rises then it says that we need to people the affordability of things become higher. People don't have it. They, they'll have to make some cuts. Will it happen in a drastic fashion? No. Has it stayed steady for the past few months? It has but like I said I, I think, I think we're headed for a nice pullback here in, in July and, and may see another one in August. So I think so. I think it happens in, I know everybody has it for July and December. September is creeping up as maybe that third option. I think it happens in September though.
19 Keys
A controversial question given who's in office, should we have a president's term last for 10 years?
Rashad Bilal
For 10 years? Because presidents in general.
19 Keys
Huh?
Rashad Bilal
Presidents after this one.
19 Keys
Given the short sighted nature of getting a chance to run a country for a year or two. Just look. Even looking at student loan debt, I remember when the student loan number was in the billions. Now we're close to 3 trillion in debt. Another controversial take. I think at some point colleges should go to only having eight specialties per school. You get to pick your eight. But I don't think we should be able to have a history of fine rap trap music as a bachelor's degree while you getting financed for $120,000 worth of debt. But I think the short sighted nature of running the country because you really only get a year and a half, two years and then you have to campaign again. Is the short sighted nature versus China having a longer regime and being able to do things on a long term basis hurt in our country? Because no one wants to say it but we're almost at the point of no return where this debt bubble cannot be fixed like just the cost of living. When you went to China, do you feel like you paid more for things in general or way less? I'm talking to a bunch of people that have been traveling and everything feels 3 to 4x more expensive here.
Ian Dunlap
Well, the thing about it is I'll say this 55 to 60% of presidents that have been elected have served two terms. So the odds are in your favor if you become president. You, your odds are that you probably get eight years of presidency. 60 of the people have done that. But I don't think it's necessarily just so much the presidency, it's the whole political system. So if we do that, I would say, okay, turn it over. Turn everything over. Congress, Senator, give him everything.
19 Keys
What would be the solution for a fresh start? That's a better question. Because this current formation of political unrest on both sides are even on the Democratic side. Like you haven't had a Democratic primary since when.
Rashad Bilal
16.
Ian Dunlap
But you know what I think? I think it's difficult to do that in America because 10 years America is a so divided. A lot of countries aren't as divided as America. Meaning, okay, I go to China right now, there's 1.2 billion people in China and there's immigrants in China. But for the most part it's an understanding that China is for Chinese people. I don't think you can buy land unless you're Chinese. So yeah, they'll welcome you and you can do business and you could live there. But it's well established and well known that China is for Chinese people.
19 Keys
Yeah, right.
Ian Dunlap
That's the same if you go to Saudi Arabia. That's the same if you go to variety of different countries in the world. And so it makes it easier to have that level of governance because, yeah, there might be division, but ultimately it's one group of people. Right, that's easier as America, there's a million different groups of people fractioned and everybody's in it for different agendas and different purposes. And you, you got, you know, so many different subgroups and ethnic groups and women rights groups and gay and lesbian groups and different things that nation. So I just think that that's harder to have a unified front of. Like, hey, just give this one political party everything that they want and let's just see what happens. Whereas the, the Chinese Communist Party, that's essentially what happens. Right? The Chinese Communist Party, they, they have control and they do what they want to do. Or the Saudi royal family, they have control, they do what they want to do. Or UAE royal family, they have control and they do what they want to do. Right. So in theory, I think that it can work. But I don't know if America is ready. Is. Yeah. Is the, is the, the testing ground for that because you have to rip.
19 Keys
Off the illusion of democracy here and.
Rashad Bilal
Reprogram if you do 10 year. I feel like, age limit, for sure. Right? Like, I mean, like, our current president. 79 years old. 9 years. I mean, he'll be nearly 90.
19 Keys
Okay. How old was Biden when he got in office? Because.
Rashad Bilal
76, 75.
19 Keys
And I'm standing on politics. So I called her. The spade across.
Rashad Bilal
It might have been 77. Yeah, 77. Because he turned 81 last year.
Ian Dunlap
Damn.
19 Keys
Do you think the Democrats not having a primary hurt them?
Ian Dunlap
Hurt them this year?
Rashad Bilal
No, they had. They had a primary in 2000. Right. Because Biden won. I mean, 2020. Hillary lost in 16, and Biden won in 2020. Yeah, yeah.
19 Keys
And it was snatching br. Rashad, I'm done. I. I saw the look that.
Rashad Bilal
I don't want to offend my political connects.
19 Keys
I'm done. I'm done. I promise you.
Ian Dunlap
Yes, sir. All right, let's do this. Let's take a break. Let's. Let's announce the winner.
Rashad Bilal
Yeah, let's do this.
Ian Dunlap
Of the sweepstakes.
Rashad Bilal
Oh, man. The time has come. Five people. Your lives are about to change. You want to start with the VIP upgrade? All right, so these people obviously have bought a ticket. Everybody that bought a ticket, you were entered to the raffle, and appreciate y' all for buying y' all tickets early. And these three lucky winners have had their ticket upgraded to vip. Willie Hampton, congratulations. Willie Hampton. We have your email. We'll be in contact with you and give you all the information that you need. Stanley Bose, congratulations. Likewise. We have your email. Everybody here. We have your emails, and we're going to be in contact with you over the next couple of days. And Herbert Bailey. Herbert Bailey, Stanley Vos, and Willie Hampton, all three of you have had your ticket upgraded to a VIP ticket. So congratulations. Friday night is a special night. Friday night is a special night. And so that's going to be pretty.
Ian Dunlap
And we got some other stuff we might add to VIP this year.
Rashad Bilal
Yeah, yeah, yeah. All right, so we got two people that are getting upgraded to a platinum ticket. Now, Platinum is the next level. You're gonna see a lot of us. You're gonna see a lot of the people who are going to be speaking. It is a great ticket to have, and we got some special things planned for our platinum people. And our two winners are Michael Rogers and Frankie Ward, Jr. Congratulations to you. Michael Rogers and Frankie Ward Jr. We'll be seeing you, and you'll be seeing a lot of us as well. So make sure that you have everything ready. Right. You got your pitch ready. Right. You never know what could happen. All right. And Our Grand Prize 1. You want to tell them what the grand prize is again?
Ian Dunlap
The grand prize is trip for two to Ghana. Flight, hotel included, six nights. You going to the slave dungeon, you'll be going to cultural events, you'll be going to the naming ceremony, you'll be going to the Ashanti kingdom, dinners, airport, transportation, the whole. The whole package trip to Ghana.
Rashad Bilal
Here it is. Here it is. Drumroll. I got a drum roll. That was the Uzi. Sabrina Manigo. Sabrina Manigo, you are our grand prize winner. Sabrina, congratulations. We are excited for you. Accra is an amazing place. Ghana is amazing place. Africa is an amazing place. And you will be going trip for two to. To Africa. Wow. Sabrina Manigo, we will be in contact with you prior to. I would say right after the show, but before the end of the week, we'll be in contact with you. Get everything ready and we'll tell you everything that you need for this amazing opportunity. So congratulations again, Sabrina.
Ian Dunlap
That's fine. I was wondering if a woman was going to get named because everybody else is a man, right?
Rashad Bilal
Yeah, yeah, it was. It was four guys and.
Ian Dunlap
And this was randomly chosen Patriarchy. Yeah, randomly chosen, but okay, congratulations to the winners, man. Congrats. And everybody will be entered into MG's academy. We was waiting for it to be over, but we're gonna upload all the emails. But yeah, check your emails for everybody for that academy situation. And then those winners, you'll be getting your instructions upon email. But congratulations, Congratulations.
19 Keys
That is amazing. Yo, I gotta see our restaurant recommendations, too.
Rashad Bilal
Oh, yeah, yeah, we got the spots. You know, we got that. Yeah, easy. We got that down pat.
Ian Dunlap
That's easy. Oh, wait. All right, man. That's good, that's good. Okay, okay.
Rashad Bilal
That was a dope raffle, man.
Ian Dunlap
Yeah, for sure.
Rashad Bilal
Damn.
Ian Dunlap
Stay tuned. Stay tuned for. For more. More stuff to come. Get to the main event. We got a special guest in the building.
Rashad Bilal
Yeah, man.
Troy Millings
Yes.
Rashad Bilal
By way of Oakland, by way of St. Louis, man, by way of Cali in general. Now, man, the brother himself. 19 keys. What's good, my brother?
19 Keys
My guy?
Rashad Bilal
Oh, absolutely, man.
Ian Dunlap
19 keys. What's going on, man?
19 Keys
Good to see you in good spirits.
Troy Millings
Yes, sir.
19 Keys
Yeah. I know you had a little injury, but you working through God's plan.
Troy Millings
That was. That was tough.
Rashad Bilal
I saw that, man. I saw that.
Troy Millings
I got some really good lessons from that. You know, I feel like.
Ian Dunlap
What'd you learn when your neck broke?
Troy Millings
Well, anyone broke but injured, you can't look left or right, so you got to focus on what's Ahead of you. Yeah. I mean, and it really just forced me to have a deep focus and really get to like some deep work. Right. I feel like we live a life where we're so busy we don't really have time to do any real thinking. Right. And you might think you're doing real thinking, but real thing it happens is most of the time in isolation and silence and stillness. And so like just sitting in the bed sometime for hours and can't move my neck left or right. It reminds me like we get distracted so much, you know, I mean, looking around instead of focusing on what's ahead, we scroll. Yeah. I mean we use a lot of social media. We in other people's business and we're not masters of our own business. And I believe that that was something that. God just set me down. It was like, if you're not gonna do it, I'm gonna force you to. And so it allowed me to get perspective and some alignment.
Rashad Bilal
Yeah. Where are you at now in that? In the rehab process?
Troy Millings
I'm much better. I really just left a wellness spot called Lux Spot in Brooklyn. Get some nad, get some cryo on my neck, decrease inflammation, you know, so I feel a lot better. But it was some painful physical therapy. It was his chiropractor almost killed.
Ian Dunlap
Well, glad to have you, man. Move over a little bit. Be centered with the mic. Yeah, well, glad to have you, my brother. Glad you could. You can make it.
Troy Millings
Did y' all get my rider?
Rashad Bilal
Yeah, it came through.
Ian Dunlap
Yeah, where's it?
Rashad Bilal
I said it only applies if he's here on time.
19 Keys
You gotta read the five print cloth.
Troy Millings
Y' all gotta read the bottom.
Ian Dunlap
You forfeited the snacks.
Troy Millings
I got some water.
Rashad Bilal
Oh, absolutely.
Ian Dunlap
Yes, yes, yes, we will get some water.
Troy Millings
Water for you, my brother.
Ian Dunlap
Okay. Okay. I see you got the. The supermind corporate. We're gonna talk about that.
Troy Millings
Oh, man, we got to.
Ian Dunlap
But let's talk about tech and where we're at right now. You know, a lot of people have talked about quantum computing. We're in, we're in the age of artificial intelligence right now for sure. And there's talks of artificial general intelligence as it talks of emotional intelligence, robots, robotics, something I know that you, you know, you've talked about before, self driving cars. So what's your thesis on the current state of technology?
Troy Millings
I think we. So the current state of technology is interesting, right, because try to imagine the world, right. Without no Internet. Right. Imagine like if the Internet just cut off. It's really hard to imagine because it's so deeply integrated into our lives, that it's hard for us to imagine a life without the Internet now. And in the future, it's gonna get to a point where we can't imagine a world without AI because it's gonna be so deeply embedded into every single thing that we do. Right. That we're not going to want to live without it. And AI is going to be a natural driver of GDP because absolutely, you know, number one, the workforce is down, people don't have able bodies. But of course, it also democratizes access. There was 30 million people that benefited from computer science, people that deeply know it and can take advantage of the technology. Right now you have another 7 billion people who's going to be able to utilize computer science in the form of AI because they won't need to have to code in order to use it, because they can utilize it in any language. So AI is from a financial, from a spiritual, from a psychological, from a global standpoint, is changing everything and what it means to even be human. Right. There's something called. And my focus is all about, you know, as a futurist, I'm always trying to prepare us for what's ahead. Right. And I think that cognition is the new gold, right. Your ability to think, to process, to synthesize information. Right. To remember Ize things. Because it's becoming harder and harder to think in a busy world, Right. Where we're more distracted and we have less time than ever to deeply process what's going on around us. Right. We have more technology than we even know what to do with.
19 Keys
Absolutely.
Troy Millings
And not enough time to even know how to do the homework on each one of these tools, on how it fits into our business and our vision. Which is why I believe that the new focus is not going to just be about how do you take advantage of somebody's cognition. Right. But more so, how do you optimize it? Because as it's something called cognitive surplus. So as we use an AI more and more to do rote and mundane tasks, we now have this cognitive surplus of thought, which usually sparks renaissances. Right. It sparks new enlightenment, new types of thinking, new, new ways of perceiving things. Right. So this is why I believe that AI is gonna help spark the cognitive renaissance era that we're in. Because thinking becomes the new goal itself. Right. In an era where you got AI thinking for you, the person who can still think for themselves, those become the elites.
Rashad Bilal
So this is. I meant sitting here and you're. That gave me some context. Right. But like we've Had AI conversations for probably like four years now. So I wonder, has your thesis changed on it from being what I perceived you looking at it as a liberating tool versus being a weapon to control a generation. Where do you stand now? Based on what you said? I think I got my an idea. But where, where are you at now with that?
Troy Millings
It's a bit of both, right? It's a double edged sword. So you can go look at the military papers on cognitive security and they look at the fact that, you know, AI is being used for infrastructures of these governments so that they can use it to influence what you believe, right? Now, if you don't have a way of cognitive defense, a mental firewall to stop somebody from manipulating you, then of course you look at the people who are the most susceptible to manipulation or the people in poverty, low education, right? Stress, right. Disease, all of those things. And who fits that bill? Our community, specifically black men. Are we looking at that segment of population? Right. And so AI also gives us this opportunity to say the revolution already happened because we already have all of the tools we ever tried to fight for. So now it's saying that we can actually start our renaissance now where we reawaken things and have this surplus of new music, new enlightenment, new thought, new ways to do business, new ways to execute. But if we can't control our minds, then none of it matters, right? In the fight. Like America, mental America don't have any borders for real, because China, Russia and any country can influence Americans. America has a hard time of influencing Chinese people and Russians and North Koreans, right? But they can run psyop campaigns to make you think something different and you connect your identity to that. And now that shifts you over to a political party, right? Or creates conflict in America. So the thought of American citizens itself is the most vulnerable aspect of American society, right? And so when I think about AI, I think about it as a great tool for renaissance, right? But only for people who also having a cognitive and conscious renaissance at the same exact time.
Rashad Bilal
Gotcha.
19 Keys
Will AI be the destruction of our culture and economic prosperity? Let's talk like it's just me and you, nobody watching.
Troy Millings
I say it could be if they listen to me and you, if they listen to us. But our ability to influence people is in competition, right? With outside entities trying to influence them. So if they take complete direction, I don't want to hear what you think or why you think you shouldn't listen to me. Just listen, right? And we can help condition them to the pathway that they should take Then yeah, it could bring about that. And what I want to do is. Because there's always going to be the. The dark side of it, right?
19 Keys
Absolutely.
Troy Millings
As a futurist, you have to use your imagination. Our imagination is the most important, powerful tool that we have. Right. Because it's what separates us from animals. We can imagine something and then make it so. So if you want to know the future of a people, ask them. They collective memories. What are your collective memories? Our collective memories are based in trauma, right. Mostly. So that means that we start thinking that something negative is going to happen. And the sentiment around any technology. Right. Creates the way that people utilize it or don't utilize it. So if you think of it negative, then you're going to stay away from it. You think that there's something positive, then of course, then you will use it. So I believe that it's up to us to both give people that defense system of knowing how this tech can be used against us, but also make sure that we playing offense and we have an idea. Right. And a goal and a vision for how we're going to utilize AI in this time that we have. Because I believe that black people are the most resilient people on the planet Earth. We've been through all of the different things that you can go through as a people. So in a time that requires mental resilience, we got it. But you need also time. And that's why I don't think time is the number one asset. No more. It's cognition, because you have all the time in the world. But what is your quality of thought?
19 Keys
Yeah.
Troy Millings
And so now cognition becomes a KPI in the business to where I don't want to just hire somebody based on that capability. I want to hire you based on.
19 Keys
Your capacity as a follow up. What tools and AI are you using that you have not talked about publicly before? Because I know you've been deep in the rabbit hole for the last three years.
Troy Millings
I don't even, to be honest with you, I don't use that many tools. But the way I use them transforms.
19 Keys
Okay.
Troy Millings
Yeah. I mean, so everybody's seen the report on MIT where they were saying that it gives you cognitive debt. And of course that report had, you know, some triggers in there to see if people was actually reading it utilizing AI or not. Right. But at the bottom of the report it was talking about cognitive debt, which is what you take on. Right. The more you scroll and the more you're using AI without thinking. Right. So I look at like wealth, I mean, wellness is going to be the new form of wealth and cognition is the new asset class. Right. And so I make sure before I'm using the AI, I'm doing the thinking myself.
19 Keys
Yeah.
Troy Millings
Because if you don't, it decreases your long term thinking. Short term it'll increase. Right. Your long term memory, but long term you'll increase your loan, decrease your long term memory. So my interaction with it is always making sure that it's my first mind that's guiding me and I'm always questioning what is giving me. Right. And so I think some people's interaction with it because it's nice and it says exactly what you want to hear, they become delusion, as if they're getting real truth.
19 Keys
It's almost like a messianic digital figure.
Troy Millings
A hundred percent.
19 Keys
Yeah.
Troy Millings
And so I make sure that my interactions are. These are my thoughts. I'm challenging the AI. I'm actually doing research and I'm focused on neuro adaptation. I don't, I'm not focused on memory no more. Right. I'm focused on understanding and how do these processes stay. I don't want to feel smart for a moment, but then you asked me what I said last week. I don't remember what the hell I said. Right. So it's more so about your rituals that you do alongside AI, that optimizes. Right. Your cognition and your awareness. So the journaling. Right. The execution. Right. Taking action on the insights that you gain, I think those are the ways to actually optimize because in all of the studies they will show you that human plus AI has outperformed. Right. Just human. Right. Or just AI.
Ian Dunlap
So okay, well, switching gears a little bit, I know when we had you on a few different times, you spoke about gold and we see gold is, you know, done tremendously well as an investment, especially since the election, you know, had a tremendous run up. So what's your thoughts on the future of gold as like investment or just gold in general?
Troy Millings
I think. Go, go. Continue to do well. Right, go. Gold still remains the way we've always thought of. Gold remains the same. Right? Same. Like the, like the way we think about land. Right. It's a safe haven for your money in uncertain time. And are we not in uncertain time? Just last week we thought we was in World War iii, You know what I'm saying? The. The. Even though crypto. Right. Has found stabilization, Robin Hood just announced some new crypto products today and. Right. We're finding all this regulation around it, gold still remains the gold standard. Right. Bitcoin is the New asset class. Of course, you're always going to have stocks. You still, you have, you know, art is going to have a surplus, but I think gold is going to continue to perform because we're going to be going into uncertain times for the next few years, right. And people are not going to know where things land. So I think like gold becomes the new bonds.
19 Keys
And that's a great question. Should the 6440 portfolio be gold, bitcoin indexes and completely removal of bonds, or do you think bonds will eventually recover because we've been negative for four years?
Troy Millings
I, I wouldn't trust it personally, but I'm not an expert on bonds. You know, I mean, I would say gold.
19 Keys
Just expert on gold though, huh? You're expert on gold and bitcoin.
Troy Millings
I wouldn't even, I wouldn't consider myself an expert, but I am a thinker on the subject. I like to think about it a lot.
19 Keys
That's great for everyone interested in media, that answer.
Rashad Bilal
I think about it a lot.
19 Keys
Oh, my God.
Troy Millings
You know what I'm saying? I, I think, I don't know if we ever put out the footage. When we was in Toronto, I did a really great breakdown on gold and silver, right, and commodities and, you know, what it requires for gold to be backed and become stabilized as a nation's currency. And I think, you know, especially even like cryptos are going to require gold because they're going to be pegging them to go new currencies that's going to be popping out of Africa is going to require gold because that's some of their greatest resources. Right? I see gold continuing to be a major player. And I think that it's going to have its renaissance moment again. I think we're gonna have a gold moment. You know, I mean, I think that that's going to happen and I think that it's been a sleeper for a minute that people ain't paying attention to, but it continues to rise year over year. We just don't talk about it because it's consistent, you know what I'm saying? But I don't think, I think everybody should own gold. I said years ago that if every family, right, was able to take 10 of their earnings and put it on gold year over year, right? That's an asset that they own. And so when we talked about 20, 53 black people having zero percent wealth, which is a representation of zero percent assets, well, if we all own gold, similar to how Indians naturally do it, as customary practice, right. And tradition and a culture, then it's impossible for that thing to come true. So as much as I would say own Bitcoin, I would also say own gold.
Rashad Bilal
You talk about Bitcoin, obviously a thinker in that space. We alluded to it before you came about the speculative nature of NFTs. Web3. We haven't heard. I wouldn't say the noise, but as much information coming out of that space, I know that was something that you were even informing us about. Wonder where you look at that space today. What are the updates? What's happening in that space? Or was it something that was just speculative, that it's had its run and it's not coming back?
Troy Millings
No, I think the space is still growing, it's still booming. People are still making money. If you follow some of the guys that's in the tip, the, the, the crypto and the NFT space, they still getting airdrops, you know what I'm saying? And still collect them. Like the Penguin Token. That did really good. They did air drops, they got NFT pegs to those. I seen Rashad had a really good post about the. What's the Labubu thing. Yeah, same thing. That's just like a physical one. Right. People always want collectibles, but now it's outside of collectible. And like I said on Breakfast Club, it's going to get to a space where you don't hear about it and it just going to be how they're using it. Like Prada is using NFTs and all they bags. Right. For it to be verifiable on the blockchain. And they've been doing that for several years. Right. So at one point in time it was a shiny thing and everybody was jumping on it because it's a trend now. It's a verified thing. Right. Because you're going to need NFTs in the world where you can't tell what's real or fake. And people getting more access to production and supply chains. Then how can you verify if something is real? Right. We haven't yet got to that pivotal moment where we really start using blockchain as a society. Because those words may decrease, but the uses still increase because we still need them. Right. How can you verify what's real anymore?
Rashad Bilal
Yeah, the use case is there, but the timing of it might be off.
Troy Millings
Yeah, but. Well, actually I would think that it's. It's a convergence moment where all those things happen. You got AI, you got blockchain, got crypto, you got Web3, you got metaph, metaverse, none of those things are going to disappear. All those companies right now are still building for each one of those things. You know, I mean. Right. I think they still building all these headsets, ar, VR, but they. Right now the focus is so much heavily on AI. It's the buzzwords that's taking up the feed. Right. But when that settles, you still need the NFTs, the SBTS, the government is using them, you know what I'm saying? So it goes from like this average person, which really allowed it to be this normal thing. And now when you're able to go and like you go to Russia or, or Ukraine and things of that nature, they utilize the sbts. Yeah. I mean, to where you have your passport, your birth certificates, your Social Security is all on your phone. Right. We're just a little bit behind. Like you go look at, I would say study Estonia, which is the most digital nation in the world. If you go look at the way they're utilizing AI and technology, you're going to see the future of all the countries.
19 Keys
If I can do a follow up, when I first got introduced to bitcoin blockchain, it was a way to have a utopian future away from a dystopian government.
Ian Dunlap
Yeah.
19 Keys
As you said with NFTs, it seems as if crypto will, will create. And we can argue or discuss if this is being done intentionally by VCS to fund these ideas, then pay influencers to make this thing pop, and then companies and governments take it over. But when will anything in crypto go back to being decentralized? Because I remember when I first was talking about the banks taking it over, like even shout to Vlad, Robin Hood, but they announced their stablecoin project. And I'm like, six years ago, this would have been the antithesis of what you wanted from crypto. So what do you have to say about government and big companies taking over all the crypto projects and making the mainstream?
Troy Millings
There's this project called Praxis Nation.
19 Keys
Yep.
Troy Millings
And Practice Nation is something that everybody should go look at.
19 Keys
Right.
Troy Millings
And it's essentially you kind of get into creating these new digital cities, and then the digital cities turn into physical cities and they're utilizing the blockchain. Right. And they utilize an accumulation of assets from their digital communities to build out these new cities. Right. And so I think what's happening is that people are not using it for his right reason. Now you can still, like right now, what's stopping any one of us or anybody from saying collectively take money, put it into a crypto. Right. Put that into a Dow and we vote collectively on what piece of land we want to buy and then what new city we want to put on top of that. The answer is nothing. Right? And so I think it went away from this fantasy of this is going to organically happen to you have to be intentional and it's a power thing, you know what I mean? And I think that the people are not willing to organize, but also that you're 100% correct. They being sbed and influenced in every direction and the tree keeps getting shaken out of the early pioneers, you know, I mean early adopters of crypto were black men. Why? Because black men had financial nihilism. We didn't believe that the system worked. Then came financial literacy to tell us about financial aware awareness and how the financial system worked and how to interact with it. But financial nihilism is still at an all time high because of wave suppression, you understand me? And automation. Right. And then of course bad politics. So then it brings in gambling. Right. So now here comes the gambling, which is the antithesis towards investment. So instead of thinking that you can put in an educated action to get a return, you think of luck. Let me just try to get a big old bag by putting it all on red or. So this, this is the new game. But the, the era of this philosophy of decentralization has been placed and it's been plagued by capitalism. It always happens. Yeah, right. And I think that there are people that still believe in that and they're just not louder voices because mainstream allowed a lot of voices to be heard. So it can be the Trojan horse for them to be able to plug in. Right. Adreessen Harwins to Peter Tills of the world. Right. These are the guys that wanted these things to happen because they wanted to see a, a technological world happen. These are techno feudalists, you understand me? And so we've mostly played into their hand without continuing to play our hand.
Ian Dunlap
So let's talk about the coffee. And not just the product. Not just the product, but as far as like the process of, of scaling a company and yeah, you know, challenges and you know, looking at, you know, the landscape as far as, you know, influencer marketing and looking at exits down the road and there's a variety of different things. Right. So what's, what's your thought process and how did this even come about?
Troy Millings
That's a good question. Again, it comes about from looking at cognition. Right. I was thinking about what is the product of the future. You know, I've been focusing on like functional mushrooms, adaptogens nootropics for years, right? And as I've been going down this road of just like studying coffee itself, right? Coffee was one of those things that helped spark renaissances and revolutions, right? Like coffee, number one is an African word. So is Java, So is mocha. These are like regions in Africa. It first comes out of origins of Ethiopia. It was a guy playing flute, walking some goats, and then he noticed they start eating something and they start tripping out. Then he wanted to trip out, he ate the same thing and he figured out, man, this thing give you energy, right? And so when Europeans found it and they was able to do trade coming out of Java and taking into Europe, right, going into Venice, that's when they started opening up these coffee houses. Then you get the ancient Moors used to have their coffee houses. These were spaces of intellect, right, where they had conversations about finance, right? It was like the first podcast space, if you will. And it democratized information and access, right? But it also left people stimulated, right, in spaces in like the Middle east and Muslim and Islamic spaces. It was called the wine of Islam because it was alternative to alcohol, because they didn't drink alcohol, right? And so this generation is not drinking as much either. Because this generation did not grow up off of media driven narratives from Hollywood. When the liquor industry lobbied Hollywood to connect masculinity and popularity to liquor, right? All our favorite rappers sold us our favorite drinks, right? So most of our practices and our rituals come from media, right, that was marketed to us, you know what I'm saying? And so therefore we just thought that drinking liquor was normal. Because in the movies they never show men at coffee houses having conversations. The warriors that meet up at the pub and talk about taking down the king James Bond to have his martini shaking, I stirred. And they were smart enough to make sure that they didn't put one particular brand on there, right? So that you didn't think you were being marketed to and it automatically went into your brain. So instead it was just, just connect liquor itself as an idea. And this came after Prohibition with brands like Seagrams and things of that nature. So as I was studying in these spaces where they did first get coffee, which is just a stimulant versus a depressant. And they started thinking, right? The elites were afraid of this because it was like, we can't have our people thinking because they know when you have a cognitive surplus, that's when those renaissance start to spark off. People start doing deep thinking about the nature of, you know, capitalism, if you will, right? Or empire, right? And they like why didn't we have access like this and why can't things be different? So I look at like, you know, nootropics and adaptogens for our era is what we actually need, right. During this time of AI not to speed up, but so that the future feels like it's slowing down for us because we're, we are now in stillness. We now have more control over what we doing. And I don't even want it to be again this revolutionary thing. I just want us to change our rituals and our habits to where the focus is clarity. Like most people are distracted with brain fog daily. They don't know about the glymphatic system, they don't need, they don't want to learn all these scientific terms. Just give me the rituals that I can do daily, right. And so I was like number one function, everybody drinks coffee. But functional mushroom coffee is something that stimulates the brain, it stimulates your cognition, right. And it becomes a daily ritual of intentionality and focus. Right. And then of course you pairing that with the work that you're doing, so you start to have this neuro adaptation. Like barbershops are like the last space that's left when men gather and talk. But even that's decreasing because I know shoddy don't go to the barber all the time. You go have them come to him, you know what I'm saying? Like we want everything automated and fast convenience. So that culture that sparks that change has disappeared. But if you look at the wellness trends, the wellness industry is booming right now and the creator industry. So I've been at that center of both of them already because you need a community first, right? And so we've been focusing on the SOPs, the framework of number one, developing the story so that people can understand our why and why we doing it. Yeah, you understand me. Like I've been traveling around, went to Boston, we're just at a lips cafe out here and we had a coffee house conversation because we bringing back that ritual, we activate in these different spaces people allowing us to use their restaurants, clubs, lounges. And it's like if you can imagine an alternative reality where, where Hollywood did not feed us our identity and our rituals, then what would we do?
19 Keys
What would it look like?
Troy Millings
All right. And so there's a lot of non alcoholic beverages that's popping up. I had some earlier dumbo house and it put me in a smooth mood. Same kind of mood you would get in with wine, but except you don't later on have this cognitive Debt where you're waking up with brain fog, right? Instead it's got magnesium and thyroidine and cordyceps and lion's mane. All things that actually help you think and regulate your mood. And so in this time, right, more than ever, like you, optimizing your consciousness is key. Your rituals are key. You cannot afford your old ritual. That's an old world, right? You can't like think about this. If you got somebody at work for you that drink too much, right? You're gonna have to pay for their recovery because now they're not going to have peak performance on the days they supposed to be working and thinking for your business. So now I know that you, you drink on Sundays. You know what, you can't come in on Mondays, you can only work on Tuesdays. And businesses are going to start checking for those things. Like how can they increase your cognitive bandwidth and, and how can we make sure we're getting the most out of the person we're working with? So when I say wellness is the future of wealth, I mean that 100, like the shift is in. If you see hike clubs, run clubs. Number one, we need connection because people are lonely, right? And loneliness is 15 cigarettes a day. So it's making people sick, which make them over scroll and search for dopamine because they're not getting that connection, right? And so these are now these new spaces popping up to saying, well, you don't have to drink. Here's an alternative where they call sober social, right? And so I really think that our culture more than anyone needs it, you know what I'm saying? Like black men at the bottom of the list when it comes to health, then next is black women. So why aren't we pushing these things on our people if we know that's what we need? It's trending and you can make money. It's social impact and social good, right? So I've been taking lion's mane and cordyceps for years because I used to have brain fogs where I started with the nootropic gold water, right? And then I started to graduate to even more, right? And it's more so about having that ritual because we got the prebiotic chocolate with the lion's man, cacao, everything we source ourselves all everybody will tell you this is the best tasting on the market because like rise, they terrible. Even if you're not a coffee person, this is definitely for you, you know what I'm saying? Straight up, it's tasty, I gotta have some. And you can take it. Just Straight black, you don't even need no sugar. Yeah, that was important, right? And so we're gonna eventually, you know, expand the product list. We got gummies, we have, you know, CBD bombs and things of that nature. But everything is all about your increasing that cognitive capacity, your cognitive rituals.
Rashad Bilal
It's interesting because I, I know if you're doing something, you've definitely researched it and you studied it to a point where it's like, all right, this is what I'm going to use if I'm going to put inside my body. I was listening to you as you were talking about the story after the story, right? Because that's some important people have to believe in it. And obviously you have a core community that files and believes in everything that you're doing rightfully. So what's the next plan for it? Is it to say, hey, we're going direct to consumer, Are we looking to be in retail spaces? Are we being in select shops? How are we getting this out to the public?
Troy Millings
So right now we're going direct to consumer and we're going to a retail shop. So in every activation, right, Our goal is really to be able to work with these spaces that we activate, right? We were just at the last cafe. They are willing to switch out their current supplier, right. For us because number one, it tastes better, right? And they believe in the brand. So we're putting down, you know, foot on the ground, really like flying out to each one of these spaces and we starting this off as a community movement, right? And that community movement of course allows us to build that trust with our customers, you understand me? And not only that, right? The clientele base that would want to order it wholesale as well, right? Because Super Mind brand is not just coffee teas, it's coffee, it's going to be apps, it's going to be wellness events, etc, etc, right. It's this whole renaissance that we building out. And so I think building it that way we get a loyal audience. Like we even have subscriptions, right?
19 Keys
Yeah.
Troy Millings
Description model is heavy. And even like having a media component to that, eventually you want to Superman show, right? To where it's entertaining is educational, right? Because right now, you know, creator media has to evolve to where you're building out a world, not just the brand, right? And so for me, we now develop like world building profiles for the brand. And so we're working that to try to figure out how do we build a great business before we try to scale the business, right? And so as we're working on the back End we testing we thinking about like we had some issues with when they had the tariffs right. It turned the cost that went by like 2x. So we just waited it out and then when the terrorists went down and they brokered the deal we was able to get it. And now I'm thinking like I don't know what would be the future right of supply, right. So I might have to go take a shoddy trip, you know what I'm saying? Go make sure I go speak direct to connect, you feel me? But then we also thinking like okay what if something does happen? Let's make sure that we have a surplus right of bags and things of that nature that we just sit on the side. But I also want to continue to transform the product so I'm have to go out there myself right so I can get that customizable look that I want. So when I'm doing a company I'm thinking as a media company, I'm thinking as events company, I'm thinking as a wellness company, a creator led which is now the benefit. People used to say don't put your face out there. Now it's a benefit because people want to know who they support. They want connection, you know, I mean they don't just care if it's popular and they see it everywhere they want. They got to have a reason why. That's how Gen Z shots.
Rashad Bilal
Yeah, that's the story. Yeah.
Troy Millings
Because we've, we've, we've helped fund people that we don't believe in for years and if they would have put their face on it we'd be, I'm not buying them. But if you put my brand next to somebody you don't like and it's the same exact brand, oh I'm going with keys, you know what I'm saying? So we're making those kind of decisions as consumers now. So for us it's about having all of that built into the business at the beginning.
19 Keys
For those who are presented at Invest Fest and want a chance to win the 125000 can you walk them through the the framework for how you pitch a brand and product? Because I love what you did. Like you started with historical data, then you went to empirical data science driven how it benefits you. But for those who may not be as charismatic as you or greatest of orator, what are some frameworks you can give them to help them win? And for everyone who's in the pitch competition you should go back and listen to his pitch for his product five times master class and how to introduce a product because most people will come in with benefit. It's better than Starbucks or Folgers because of this reason. But going back to the. The history of the product was key. Can you tell us more about how to establish a framework like that to make their presentation stand out?
Troy Millings
Yeah, I think it goes into. It's funny, we had a girl that came to an event last year at Invest Fest. We had did like a pre event for high level club members and she was about to pitch and that was one of the things we was helping her with was communication. Right. Communication is still number one skill set on the planet earth that's needed. Especially with a society who don't know.
19 Keys
How to talk to each other.
Troy Millings
Right. And so for me, I know how to speak in different tones and references, but I always go to passion first. I think when you passionate, you can speak about anything in a way that makes people believe, you know, I mean, but passion come from a true place. Right. So you. I can talk about numbers and things of that nature, but passion is infectious. Yeah, right. It's how you make me feel when you're speaking and how I feel when I'm listening, which then is associated to the product that you're selling. So now if I feel this way, this is how I'm gonna feel about giving you money. Right. But let me know that you have a good reason why. Because the more passionate the founder, I believe the farther the business can go.
19 Keys
I agree.
Troy Millings
Right. And so I think you should focus on what makes you passionate about the business and what you're doing. Then second focus on like we have somebody that we know knows what they're doing, they know they're solving the problem, they know they have a solution and they know why they're the right person for the job. You know what I'm saying? And I think that you focus on that human element first. Because I think people start to getting the number. All the numbers can be. You can figure that out later. That might be a pitch deck, you feel me? But we're betting on the person, especially in this era because everybody got AI so everybody can sound good. You can strip anything together. Back in the day, it you really took that person's intellect to come up whatever script and what they're saying now, AI come up with the best script in the world. So what makes me believe you? I need to know who the human is. Yeah, right. Because I. Your product may be a great idea, but we all got great ideas. What makes me bet on you? What's Your passion, what's your action? Why is gonna be like, man, I believe that person. I believe them so much, I'll give them money to fail because I know whatever they do after this is gonna be a winner.
19 Keys
It's gonna work. Yeah.
Troy Millings
You know, I mean, but study your product. Study nuanced things, no details. This is what I mean by deep work. Like, all of the. A lot of the details I'm studying. It's funny. What's our guy from Investopedia?
Ian Dunlap
Oh, okay.
Rashad Bilal
Caleb Silver. Yeah.
Troy Millings
He gave me a book about coffee because he seen me speaking at Tie's Jam about it.
Rashad Bilal
Yeah.
Troy Millings
And he. He gave me a book about how some of the. The. The revolution started over coffee. You know what I'm saying? And it's like when people hear you and they get invigorated. You feel me? And they. They want to be a part of that. Like, that's important. So I would say speak from a place of passion anytime. I don't. If I'm going. If you just told me to go on invest fest stage right now and speak, my first start is what am I passionate about right now?
19 Keys
Yeah.
Troy Millings
Because obviously I'm not prepared, but my passion is always prepared. Right. Because it's honesty, you know, I mean, so, like, what matters to me the most? Like, I got. I see our people, I see family, I see the culture, I see society brain dead, you know what I'm saying? And I see us taking black excellence, and black excellence is a scam to where we can benefit off the collective at the detriment of society.
Ian Dunlap
Talk about that. Why? Why is black excellence a scam?
Troy Millings
Because we often celebrate people, right. Who at the detriment of the collective, benefits the individual.
19 Keys
Hello.
Troy Millings
Right, like, let me just be 100 real quick. How many black millionaires and billionaires have products in the culture that we need? And that's a social good and social impact. And we have. We will celebrate them regardless if they're doing good or not, as long as it benefits them. And we're inspired by it. It. Because black excellence replaced black power. It replaced black economics.
Ian Dunlap
But what about. What about to counter that? What about, okay, let's say a basketball player, right? He's made hundreds of millions of dollars, and he may not be, quote, unquote, providing a service that is a tangible good for the community. Yeah, but he's up hundreds of millions of dollars, so he's able to pour into the community.
Rashad Bilal
Yeah, let me. Because I want to add to what he's saying, because I'm with him. In London, is there a difference between excellence and opulence? Right. Because opulence would in. In probably imply great wealth where excellence means very good or great at.
Troy Millings
Well, I think that for us today, black excellence is just black capitalism.
Rashad Bilal
The more obvious.
Ian Dunlap
Is that a problem?
Troy Millings
It's a problem if it doesn't have a social impact because we're celebrating somebody who looks like us but they're doing the same thing to the community that we say are robbing and taking advantage of us. So if you, if you make a billion dollars off giving a bunch of black men bad contracts and a white man makes a billion dollars off of giving black men a bad contract, they did the same exact thing, you know, I mean, but we will say you the enemy and say you my friend. So I think that it's no reason, this is the reason of it. There's no reason not to do social good.
Ian Dunlap
Do you believe in capitalism?
Troy Millings
Yeah, I believe in social capitalism.
Ian Dunlap
What is social capitalism?
Troy Millings
Yeah, I mean to where you can make a good impact and make money or at least try to balance it to some kind of extent. But I believe that we lazy with.
19 Keys
Our capitalism, only self focused.
Troy Millings
Yeah.
Ian Dunlap
Are we lazy or is that the American way?
Troy Millings
Well, I think it's.
19 Keys
The American way is broken. I want to speak for Keys, but the American way is broken especially for our community.
Troy Millings
What does it mean to be American? It means the Rob, I'm just talking.
19 Keys
Financial debt to GDP is the highest it's ever been and the greatest economists in the world cannot figure how to reduce it to get it back to normal levels of 100 of one to one debts, GDP.
Troy Millings
And again, I mean, you know, we, we all celebrate it because we all love to be inspired. And I think sometimes it's not intentional. Yeah, I mean sometimes people get in a room and they get access to a deal and they put their name on it and that was their greatest opportunity. It's more so about what you do after you get real money, you know what I'm saying? Like sometimes you can't blame a hustler for hustling. But after you get real money, then what? You don't have no moral consciousness?
19 Keys
Yeah. And I think we're prime, all of us are a prime example of that. I think we've given May way more than we've earned, bro.
Troy Millings
When I did my tour, it cost me six figures to do the tour, you know what I'm saying? And if we being honest, it didn't make that much money at all. And I gave away money, you know, I Mean, because I wanted to build out the brand and I wanted to connect with the people. Right. It's not that hard to do good. I think we make it seem like it's some complex mathematical thing. You got to figure out y' all do good all the time.
Ian Dunlap
All right, do. Are you think most entrepreneurs are good people? Because I would. I would. I would venture to say most people.
19 Keys
What income level?
Ian Dunlap
Most. Most entrepreneurs are doing good for the. For the greater good. Even if you're producing nothing, you're still employing somebody. So I would venture to say, especially black entrepreneurs, I would say the vast majority of black entrepreneurs are doing good. I think we focus too much on. On a small minority. What is doing good mean employing people putting money back into the kitchen.
Rashad Bilal
People outside themselves.
Ian Dunlap
People people spend money with. Generally spend money with people that's similar to themselves. General. Generally the problem with black people is that we don't have any money. So we got money. No, no.
Troy Millings
You have an economy in which not circulating.
Ian Dunlap
We don't really have any money.
Troy Millings
Well. Because of our habits.
Ian Dunlap
Well, not only is it. That's a. That's a. That's a whole nother question.
Rashad Bilal
But who are we employing though?
Troy Millings
Right. Like. Okay, so let me.
Ian Dunlap
So let me finish.
Rashad Bilal
Oh, yeah, yeah.
Ian Dunlap
So you talk about black billionaires, right? So the black billionaires that come to mind to me is Robert Smith where he's poured into a lot of black companies and then a lot of black initiatives and a lot of things that support black people. Don Peoples. He's cross collaterally worked with other black developers in real estate and has mentored other real estate developers. This is things that we know personally. So I. Dave Stewart. I. I think that it's a Dave Stewart.
Troy Millings
Yeah.
Ian Dunlap
No, no, that's. Yeah. You talking about Alex Cart. I think it's a misconception.
Troy Millings
Why you keep going. I want to hear the recipe.
Ian Dunlap
Well, we got. Well, we.
Rashad Bilal
We 13.
Ian Dunlap
We lost a few. We had. We had. Well, we had. We have Tyler Perry who's his words has made more black millionaires in Hollywood than any other sure. Studio has employed 5, 000 people in any given day. We went to his studio. We've actually seen this. He's the first person to give Cicely Tyson a million dollars. He's paid Taraji P. Henson more money than she's ever been paid. Okay, now we go to I. Magic Johnson who will be at Invest Fest.
Rashad Bilal
Get your tickets, please.
Ian Dunlap
Who put economic development in inner cities when nobody would. Magic Johnson theaters in Harlem. That's a fact that was the first movie theater in Harlem. To my knowledge. It might be the only movie theater in Harlem to this day. South Central, all over. He put Starbucks in, in, in. In all black neighborhoods. So these are people. That is economic development as far as. Just from the standpoint of people working and having. Having the ability to collect the paycheck. Right. That stimulates the economy on a certain level. Then we, then we go to Jay Z. He said, I made more millionaires than Lotto did. They made millions. Big made millions. They ain't made. It's like beans made millions. Okay. His track record, you gotta look at Rihanna, you Gotta look at LeBron James. Another black billionaire. Who's in. Who's empowered. Rich Paul, who's the number one. One of the number one sports agents in the world right now. Who's empowered. Maverick Carter, who's become a multi, you know, millionaire on his own and. And killing it in media. The list goes on.
Troy Millings
Here's the thing.
19 Keys
What you spoke about is opulence.
Rashad Bilal
Right? So here's the thing.
Ian Dunlap
No, that's not black opulence.
Rashad Bilal
No, no.
Troy Millings
Right.
Rashad Bilal
Because what you did was you just. You highlighted black opulence. Great wealth.
Troy Millings
Right.
Rashad Bilal
What you said was all black entrepreneurs are doing good because we hide all.
Ian Dunlap
I said majority.
Rashad Bilal
Even better to even majority. When I'm asking who do we hire? We know the statistic. 85, if not higher percent of black entrepreneurs are solo.
Troy Millings
A solo entrepreneur.
Rashad Bilal
They don't hire anybody else.
Ian Dunlap
Do hire somebody. You're going to hire a black person. If you, if you're a black entrepreneur, you do hire somebody, nine times out, you are that person you hire.
Rashad Bilal
How many people can't even do that? The majority of black entrepreneurs can't do that.
Ian Dunlap
Right. But that doesn't make them bad.
Rashad Bilal
I'm not saying they're bad.
Ian Dunlap
Doesn't make them. That doesn't mean that they have bad intentions. I'm not saying that struggling financially, exactly.
Troy Millings
That's.
19 Keys
But there are things you can give without. I think what Keys is trying to holler. I don't want to speak for you. I don't feel.
Rashad Bilal
I don't want to speak for you.
Troy Millings
No, no. He's good and had a very radical side to him. Yeah.
19 Keys
But I just think there was no systemic investment into the community. Why did it take for me and this show to come about to even give the secrets on investing? Those other people who could have. Did I talk to them? They flat out talk. Some at conferences I met. They didn't want to do it. So I think to what Keys is like, it's great for some to develop and build businesses and an enterprise, but it doesn't feel like from 2019, going back to 1990, there was a concerted effort to share the information that was needed in order to ascertain wealth.
Troy Millings
Yeah, fair point. All of what you names is, is black capitalism. Right. But it's not black power. There's no economic center, there's no institution that comes out of that. Right. There's. There's no mass social impact that we can count. All of our statistics continue to go down and down and down. But because we can point to the few. Right. It excuses the social good that we should be focused on. It's a reason why you can look at individuals who create massive impact without having a lot of money. And it ain't about the money per se. If we make money, the measurement, then of course those guys are gods. You know what I'm saying? But if we talking about morals and consciousness and the value of a better society, you know, I mean, the quality of life for the average human being, no, it's not getting better. Right. If, if we look at, I mean, just black people, period, Black men, period. You know, I mean, if you know that black men are struggling with mental health, you know, I'm saying, having the highest rate of disease, suicide, depression, anxiety, would you then come out with a product that adds to that, that tells me you don't care about them, man.
Ian Dunlap
What products are you referring to?
Troy Millings
Any product of liquor, any product of gambling, any, you know, I mean, any drug that you sell, any content that is meaningless without any meaningful agenda in it. Right. That can stir the mind to think. Those are all products that contribute to the degradation of that society. But I will still clap for your excellence. Yeah. I mean, because I at least see myself in the ability to be able to create genius. But do I even have those opportunities? Because those opportunities are still outliers. Because you're not going to have a partners. They have. You're not going to have the rooms that they have. You're not going to be giving the contracts that they have. You understand me? But this idea of proximity to them feels something aspirational and obtainable, even though it's really not.
Rashad Bilal
Yeah, I mean, we had a conversation about that the other day, actually.
19 Keys
Yes, great counter, though.
Rashad Bilal
But it was even the contracts and the deals that they're getting at that level.
Troy Millings
Yeah.
Rashad Bilal
Somebody's still undercutting that saying, like, they don't deserve that much. We're not giving them that much.
19 Keys
Yeah.
Rashad Bilal
Why would you do that. Are you trying to get them ahead?
Troy Millings
And nobody, like, these are all people that I've been motivated by, inspired to, like, let's say Tyler Perry. Tyler Perry is a complex individual. Right. Because on one end, like, I remember I heard Mr. Farrakhan giving him praise about his movies. You understand me? And that made me like, man, maybe I'm being too judgmental. And then, of course, I love the fact that he's paying Taraji P. Henson money. That is great. Great as an individual, great as an actress. Yeah. I mean, she said that him and Oprah has bosses. So when she was talking about the Color Purple, she wasn't talking about him. Those are her words. Right. But then you watch the movie and I mean, it's a great trauma field movie. Right. If we talking about. And I'm sure he does the studies and he has the psychological knowledge of this. Right. His movies are like McDonald's. Yeah. I mean, it's not nutritious. Yeah. I mean, so if you own a bunch of McDonald's, you're gonna make a lot of money.
Rashad Bilal
Which movies?
Troy Millings
I don't watch all of them. Only the ones that I've seen.
Rashad Bilal
The Stroll is a little bit different. A lot of the latest ones a bit different.
Troy Millings
I didn't watch the one Medea series. You talking about the last one? Yeah, last one. Again, if I look at consciousness in America, how do you help a people that have. Because complexity is consciousness. So you can grade it by people, music, media, economics, spirituality. Right. A multitude of things. And you can look across that spectrum and say if it's low functioning or high functioning. Right now, if you want to help those people, you have to be intentional. That means you have to feed them narratives that reframe the stories that's in their mind. And you have to give them futurism. Right. That. That sparks their imagination so they can see themselves in the future. What we do is in hip hop and in media, we say we're creating stories that's reflective of the trauma of lived experiences, but that's not actually helpful to those people. What's helpful to those people is aspirational stories so they can see a new reality. So their imagination is fed on a different outcome. Right. Than the mental loop that they're stuck in in the first place. So, yes, I can relate to it. And when we can relate to things, it makes us feel familiar with it, which makes us feel for good. I see myself. But what did that do for the psyche and the consciousness? Movies are the most powerful. Like this thing Called narrative warfare. Right. They utilize in the social media all the time. They utilize it in movies. The CIA was the first to utilize movies. They utilize music. So our people notice science as well. Right. The one person. We just did the event where Ryan Coogler was there. Shout out to my brother, Mr. Fab in Oakland at the therapy. We sponsored that event because Ryan Kluger creates movies that feed the imagination. There's enough complexity in it to where it makes you think it's a reason we had dialogue about that movie or the dialogue about his movies. We're not thinking, we're just processing trauma because it's a difference between triggers and glimmers. A trigger is something that makes you react to a trauma response. A glimmer. Something that makes you feel good and safe. His movies make us feel safe. Not only after they killed the vampire, they went and killed the clan. That wouldn't have happened unless he was able to greenlight his own film. And it's the reason we love that. And I love the movie forever. The show. The. The show forever Amazing classic show. Why? Because there was no trauma in it. You know what I'm saying? It was glimmers in a whole movie. I was looking for the trauma line when bro go get shot. Didn't happen.
Rashad Bilal
No love. Love is.
Troy Millings
Love is the story at the end of it. I. I felt love like because it was a movie made to where the black man was using his logic and his masculinity. The woman was listening to him, you know what I'm saying? The son was trying to find himself but telling his mom like, I don't want to be you. They was finding black. They was able to speak and communicate. They showed Martha's being like they were complexity.
Rashad Bilal
Yeah.
Troy Millings
That's what happens when we're showing how we perceive ourselves. Right.
Rashad Bilal
That's fair.
Troy Millings
When other movies are green lit by other people and they can control the editing room and they're adding in these other scenarios of savers and trauma, that's showing how they perceive us and how they want us to perceive ourselves. Right? Because when a person, when a people think that they're victors, they have victories. When they think that they're victims, right. They have problems. So if we utilizing media the same way the other mass scientists have utilized it, what makes us better than them? Because we're making money. They make money too. We might as well celebrate.
Rashad Bilal
Everybody.
19 Keys
You look befuddle said that you say.
Rashad Bilal
That'S just his passion. That's just my past. That's just my passion talking.
Troy Millings
I think that each one of these people still have time to do great things. I don't. I'm not the type of person like, let's, let's kill him. It's like this is just bringing intentionality into a space to say that these guys can do that. The reason we really love Ryan Cooler because in every movie, he shows us how we perceive ourselves. You know, I mean, like, Black Panther is like one of the. The only black futurist films on that scale. And if it wasn't done by Ryan, it wouldn't have been done like that. He's a guy from Oakland, so of.
Rashad Bilal
Course, you know, I just knew he was gonna throw that part in.
Troy Millings
But even though that strategic imagination a.
Rashad Bilal
Certain way, his directorial debut was based on Fruitville, though, that was based on trauma.
Troy Millings
It was about humanizing the trauma. Humanized. It was about the story of the human, not the trauma.
19 Keys
Yeah, right.
Troy Millings
That was the first movie that made me cry when I watched it because I seen my brother, I seen myself. It told the stories of who he was. So those are not familiar about what happened to him.
Rashad Bilal
If you haven't seen the story of Oscar Grant, go see it.
Troy Millings
Yeah, that was an incredible story.
Rashad Bilal
I took a whole group of kids to see that movie.
Troy Millings
Yeah, I mean, like that. That movie hit me different. And if it wasn't made by us, it would have just been about the trauma. No, it was about humanizing the man, black man behind it. Because we hear stories of trauma all the time. Yeah, but who are these humans? We're so dehumanized, we calling each other y ends. And if you're a y n, it's a psy out to win. When something happens to you, you're not a human, so I don't care. It's the same thing they do to Ibrahim Treyar edi. I mean, they first run a psyop. Dehumanized. So when something happens, we call you a predator or something. Now nobody cares. So if we're using media in that way and you went to media film school, you learned all the psychology, you getting all this, that means I know you're doing it intentionally or you can't do it any other way.
Rashad Bilal
Way.
Troy Millings
So that means you. You. You have a boss that decides the final product. So why should we celebrate it if it's not really your interpretation of us?
Ian Dunlap
19 keys.
Rashad Bilal
High level conversation.
Ian Dunlap
Conversation. You'll be at invest fest.
Rashad Bilal
That is a fact.
Troy Millings
Oh, something different. I want to say some things, but I already started the pot a lot.
19 Keys
Yeah, Time out. Because I know what, yeah, I'm with you.
Rashad Bilal
The last time you was here, you had the cape on, you know, you feel me?
Ian Dunlap
Any, any, any sneak peek of, of things that you got to get off your chest.
Rashad Bilal
Anything you excited about.
19 Keys
Oh my God.
Troy Millings
Expect unexpected. The world's about the end, so I'm doing it all. You know what I'm saying? Listen man, they outside this way too. If, if, if, if everybody else is outside B, what we afraid of? They doing a big one right now. I'm just saying like do we think we get another we? I feel like we only got one solid year to get this together.
Rashad Bilal
You're giving them one.
Troy Millings
I'm giving us as a culture one. I think maybe more other people have more. I don't. We can't have the same time as everybody else. If they got more wealth than us, more position, influence, power and health, that means we have less. So every time I hear those studies, they talking about what the time they have. They're not talking about our time. You know, I mean like last year at Invest Fest I talked about solar cycles, right? And Solar cycles are 11 year cycles that the sun go through. It goes through minimum cycles, the maximum cycles of electromagnetic energy. And essentially we are in the maximum cycle of a solar cycle. Now each one of these cycles is like one of the greatest trackers of like financial collapse, right? Booms and things of that nature. You can track it over the last 100 years and it's eerily, eerily similar. You understand me? Accurate, right? And so July is the spark of, of the maximum cycle, maximum peak of that solar cycle. This affects heart populations, this effect like Elon Musk been trying to super fit retrofit his satellites for years so that when this electromagnetic activity, his Earth, it doesn't affect them. Every time somebody say you're going to see aurora borealis visible, that's saying that the sun has just beamed us with more electromagnetic energy. So it's one of those things you can actually use if you study in the cycles and the financial cycles or social cycles, because during these times is great unrest, but it's also times of technological advancement, right? And so it's a time of great conflict, right? So, and you see a heat wave is about to come in July, right? And so I track these things because our ancient people always studied the cosmos to understand harmony. We try to live life with balance. Balance is walking a tight rope. Attention. That's what capitalism keeps us in, in balance. But harmony is understand cycles and patterns. So there's no friction, you know, when to do and when not to do. People don't understand their financial cycle, so they overspending the times they should be saving, right? And so when you live in harmony in life, right, then that's when you have your overall health, right? You know when to wake up. Like the 9 to 5 was created so that you can get the maximum amount out of men because men have solar cycles and women have lunar cycles. So our energy peaks between a 24 hour day cycle. So a 9 to 5 is so that we can maximize labor out of men. And then they put women on. On plan B so that they can decrease their hormonal cycles and we can get the most out of them. So now we're going to have to go into this era of humanism to where people get back into being in harmony with self and we're able to get along with each other, right? But everybody's cycles is out of tune. You might not understand why you're not getting enough sleep. And that's because the lunar phase has an effect on the water. And that connects to your cerebral brain fluid, which affects your sleeping patterns. You might not think it's that deep, but every. Every goddamn person that studies finances matter a lot. And Nvidia and governments. I didn't get this study for myself. I got it from their data. You know what I'm saying? And so they made us think that consciousness was stupid. That was the greatest psyop they ever played in the world to make us think that thinking was dumb. Think about that. You trying to be cool, you trying to kknowledge, you know what I'm saying? Like that. That was the scop that they put in the movies that made us literally think that thinking wasn't cool. And instead what they. They showed us drinking. 40s. They showed us drinking. They replaced our intellectual rituals, you know what I'm saying? With dumbed down.
Ian Dunlap
Trying to kick knowledge. Yeah, no, I'm trying to kick that. You need to learn, though, that's a fact. That ether that. That make your soul burn slow. Shout out to N. Shout out to.
Troy Millings
Jim Jones and Nas man playing narrative warfare with the world. Narrative war straight up.
Rashad Bilal
Warped.
Troy Millings
Let me ask y' all a question. Do y' all think y' all at the point where you can tell what's AI and what's not?
Ian Dunlap
You got something?
Troy Millings
No, that was just a question I had to ask. So I put this up and I asked the people, can they tell which one is real, one is AI? One voice.
Rashad Bilal
Picture.
Troy Millings
This right here is a picture.
Rashad Bilal
I Think. But I. I think this is the. The AI picture.
Ian Dunlap
I would say this is the AI picture. Let's see.
Troy Millings
Can you.
Ian Dunlap
Can. Yeah. Ian, can you see that? Yeah. Oh, you probably can't.
19 Keys
I can't see it.
Troy Millings
I'll text it to you.
19 Keys
Yeah.
Troy Millings
What?
Ian Dunlap
Which one is it?
19 Keys
I'm gonna go B. B is AI.
Ian Dunlap
Oh, you can.
Troy Millings
You can look at my high level club on my Instagram. You'll see if the last.
19 Keys
Okay.
Troy Millings
So let's see. What percentage of people. 135 people said left. 121 people said right. 48 people said, I don't know. So those are scary stats, regardless.
Rashad Bilal
Yeah. We don't know.
Troy Millings
Right. 48 people just don't know.
Rashad Bilal
Yeah. Yeah.
Troy Millings
Right. And both you all are taking a guess.
Rashad Bilal
Yeah.
Troy Millings
And trying to figure out which one it is. So we're at that space, regardless of how it goes. That is indistinguishable. Being real.
Rashad Bilal
Yeah.
Troy Millings
Because you can't be 100 confident anymore. That means we don't know what reality is. And that's why I think my streamers are winning right now. Because that's reality social. Right. When we have reality TV and we want to go into hyper social to where people want to feel and know things are real. Right. But right now we're at that point to where the boomers don't know, the millennials don't know, the Gen Z don't know, Gen X don't know, betas don't know. You know, I mean, so we have to be careful with things right now, because cognitive security is the most important and most dangerous threat to our culture right now. The manipulation of our beliefs and identities.
Ian Dunlap
That's a faggot. It's easy. As easy as ever. Just to put something on Instagram and just. People just run with it. It's no truth to it at all. It's not even real. It's not.
Rashad Bilal
But it's like reality social.
Troy Millings
So we got. Ian said, right. Both of you, all two said left.
Rashad Bilal
Yeah.
Troy Millings
So the answer is left.
Ian Dunlap
Left is AI.
Troy Millings
Left is AI.
Ian Dunlap
It just looked too perfect.
Rashad Bilal
Yeah.
Ian Dunlap
Yeah, that's why I said it looked.
Rashad Bilal
The pictures are tougher. The voice is. Is a little bit easier to divorce.
19 Keys
Is easy to detect. Yeah, yeah.
Ian Dunlap
But now.
Rashad Bilal
But now. Right, Right.
Troy Millings
Until it wasn't better, though.
Rashad Bilal
Exactly. Because it burns floss.
Troy Millings
Right.
19 Keys
Nikki posted something where she did a full video. I think it was.
Rashad Bilal
I watched that. Shout out to Nicky Saunders.
19 Keys
Shout out to Nikki. It's getting close.
Rashad Bilal
It was really good. There was one voice piece that I.
19 Keys
Was like, all right, and one lip sync part. But yeah.
Rashad Bilal
Yeah, it was pretty good, though. The.
Troy Millings
The brain is the battlefield of warfare. Right. This is what NATO said on cognitive security. They're not telling people this. Yeah. I mean, but this is the one thing that they're afraid of the most in this AI world. Right. These new hacks that come. This is why a person can be researching, I don't know, detergent, and then they end up finding a social influencer that leads them down a rabbit hole into one political cycle. Yeah. I mean, and they didn't realize that they thought this was something natural that they came upon. And so most people think that, you know, they can tell when they're being manipulated and a psyop is being ran on them. And that's actually the people who are most susceptible to psyops because they're not hyper vigilant. Right. So if you're always like, a conspiracy theorist and thinking something has happened to you, you're the hardest person to trick. Right. Because your mind is always thinking and putting this mental defense system up. And so, like, part of what we're doing on our tour is focusing on, you know, cognitive conditioning and creating this immersive experience, because we have to go through this cognitive renaissance where people have clarity again and you know what's real, you know what's not. Right. You. You know how to get into a deep focus. Right. So I can tell you that when we go on Invest Fest, we definitely gonna have that as an aspect of it, because we're living in an illusionary world. You know, my album coming out, my book coming out.
19 Keys
We got.
Troy Millings
We got the. We got the Super Mine. So you can go to a supermind.com, but, you know, I appreciate y' all brothers having me on here.
Rashad Bilal
19Keys, man. 19keys.
Ian Dunlap
What's the website again?
Troy Millings
Asupermind.com, man. Tabitha Brown said she loved it.
Ian Dunlap
Hey, supermind.com. the tickets to invest fest. 19 keys will be in the building.
Troy Millings
Super Mine will be in the building. We got something special for that presentation, man. If y' all thought my energy on the last few years was something, we ain't holding nothing back because ain't no reason there.
19 Keys
It's time, babe.
Troy Millings
Ain't no reason to. Man, you know, every time. Every time my brother Ian say, man, Keith, stop holding back. I promise you ain't gonna be nothing to hold me back, man. It's not or never. That's how I feel on it. Yeah. I mean, if. If. If it don't happen now it's gonna happen never. Yeah, tell me. So I even want that to be the energy. Every speaker come with. Yeah, I mean every so called investor, every so called billionaire and millionaire. Either you're on our side or you're against us. That's what I'm on right now. You feel me? I'm talking to my brother the other day. No, straight up. And I say our, I'm talking about the people. Because there should be no reason why you're not on our side. That's not a radical thing to say.
Ian Dunlap
Facts.
Troy Millings
If you on our side and on side is just saying that do you want a better quality of life then you want to see our people liberated with joy and freedom and power like that should be a yes unanimously. The only reason you wouldn't is because you are in bed with interest who don't want that same thing because they're more interest on a low functioning culture so that they can sell them things that they don't need.
Ian Dunlap
That's a fact. And, and shout out to Toronto. You mentioned Toronto. That's the last time we all four of us did a show. But I was in Montreal yesterday and they, they was like, yo, y' all gotta come to Montreal. French speaking side. We tap in market Monday, so love up there, bro.
Rashad Bilal
Yeah, crazy.
Troy Millings
I think Lary was up there. Shout out to Lorizy, man, he's doing his thing.
Ian Dunlap
Yeah, Montreal, man, they was tapped in. Heavy, heavy, heavy. Yeah, so shout out to.
Troy Millings
Yeah, we might have to bring the Renaissance tour up there. Let me know. We ended it in London.
Ian Dunlap
So y' all welcome to come with the date.
Troy Millings
November 1st. We're gonna do a coffee house in Paris. Okay. I mean my brother G5, he got his shop out there in Paris so we're gonna do an activation out that way as well.
Ian Dunlap
Are you on London and Paris?
Troy Millings
Yeah, yeah, I think we on that.
Rashad Bilal
Side of the world.
Ian Dunlap
I always, always love London. Always love London.
19 Keys
Always a good time. Some legendary.
Troy Millings
Make sure you go to Invest Fest. Invest Fest. I don't know how to stress invest first because. No, seriously, it's like. Because it's nothing else happening like that. And I think that like even people that think that they're against it or in opposition, like they should show up too. Like this is the space where your people is at, the people that you claim to care about and be concerned about. Yeah, we don't have many spaces, we don't have many davos places we can go to where collective energy of investment. Right. Is thinking on our economic future and the Prosperity of our future. Come there sharing that experience. You know, I mean, this is the new renaissance. We help spark the financial revolution. And the financial renaissance, right? And now it's about the evolution of it. And if you have something to add to that, then bring your ass.
Rashad Bilal
Bring your ass on.
Troy Millings
Save yourself.
Ian Dunlap
You heard yourself. You heard him, ladies and gentlemen. 19keys.go 19keys.com Go to Supermind, a Supermind slash tour.
Rashad Bilal
Go check out that high level.
Troy Millings
I'm working on getting my salesmanship together.
19 Keys
You know, you're doing great.
Rashad Bilal
And go check out the high level conversation with Tabitha Brown.
Troy Millings
Yeah, she got one of the voices. I said it on there where like you're more prone to be a great influencer if you have a warm personality and just the aesthetics. Right. And she has like the warmest personality of all influencers in the world. Right. And I'll give you all a tip when it comes to communication because I've been putting together my master class. If you smile while you talking, you automatically come off more one. Yeah. There's an automatic glow in your tone.
19 Keys
She's a master.
Troy Millings
Listening to you on audio. Are you talking? And it automatically gives you a rhythm as well. Right? So practice that and people will be more in alignment with you and attracted to you. So practice smiling when you speaking.
Rashad Bilal
Practice that now.
Troy Millings
Yeah.
Rashad Bilal
Sabatha will also be at Invest, ladies and gentlemen.
Ian Dunlap
Yes. Take a shot. To the good folks at block. 100 tickets. They're sponsoring 50 off into code block. And they. They're sponsoring 10 vendor booths into code block. 50 off.
19 Keys
Amazing.
Ian Dunlap
Shout out to block. Shout out to Jack Dorsey and the whole crew, man.
19 Keys
I'm seeing my presentation. When I'm done this year we go.
Troy Millings
Yeah. Yeah.
Ian Dunlap
Check out Blackout and check out Ralph McDaniels on Thursday. Everybody have a. Have a healthy, productive week. Stay safe. If you are partaking, do you partake in fourth of July?
Troy Millings
Oh, yeah, for my own reasons, you know. Oh, speaking of fourth of July, that's when the AI government comes into place. The White House already pushed out a director for the AI government. Nobody's talking about it. But you should. Yeah.
Rashad Bilal
When we stop recording that.
19 Keys
1:00Pm Central if you want to get rich dot com.
Ian Dunlap
Oh, would you say. What'd you say, Ian?
19 Keys
No, no, just stock club. Call seven on Wednesday if you want to get rich from the market. Ian, thebest.com. the. The after conversation about to be incredible.
Troy Millings
All right, y' all, man.
Rashad Bilal
Love is love. Y' all. Be good.
Troy Millings
Love.
19 Keys
Peace.
Troy Millings
Ryan Reynolds here from Mint Mobile with.
Rashad Bilal
The price of just about everything going up. We thought we'd bring our prices up down. So to help us we brought in a reverse auctioneer, which is apparently a.
Ian Dunlap
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Troy Millings
Give it a try@mintmobile.com Switch upfront payment.
Rashad Bilal
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19 Keys
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Troy Millings
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Rashad Bilal
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Troy Millings
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Rashad Bilal
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Market Mondays #265 Summary: Stocks Hit Record Highs! Top AI Stocks, Bitcoin’s Future, & Is Black Excellence a Scam? with 19 Keys
Release Date: July 1, 2025
Welcome to Market Mondays, where EYL Network hosts Earn Your Leisure and stock market expert Ian Dunlap to delve into strategies for thriving in the stock market under any circumstance. In episode #265, titled "Stocks Hit Record Highs! Top AI Stocks, Bitcoin’s Future, & Is Black Excellence a Scam?" featuring 19 Keys, the discussion navigates through soaring AI stocks, the evolving landscape of Bitcoin, and a critical examination of the concept of Black Excellence.
The episode kicks off with host Rashad Bilal extending greetings and reflecting on a successful second quarter. With a shimmer of optimism, Rashad mentions, "[...] it was a pretty good quarter for us here" ([01:15]).
Key Announcements:
A significant portion of the discussion centers on the performance of AI-driven stocks soaring to unprecedented heights. Ian Dunlap emphasizes, "AI stocks drive the S&P 500 to ultimate highs, outperforming every Magnificent Seven company since market bottom" ([07:18]).
Highlighted AI Stocks:
Notable Insights:
Quote: "If you've hit all-time highs, there will be pullbacks. Don't run from them; be positioned." — 19 Keys ([13:27])
The conversation transitions to Bitcoin, highlighting its steady performance despite significant institutional interest. MicroStrategy's continued investment is a focal point, adding another $530 million to its portfolio.
Discussion Points:
Quote: "Bitcoin is on a great pace for what it should be doing. Slow and steady wins the race." — 19 Keys ([29:12])
The hosts provide actionable strategies for investors navigating the current volatile market landscape.
Strategies Highlighted:
Technical Analysis:
Quote: "Stick to persistence and execution; it pays more than fodder and wondering." — 19 Keys ([37:57])
The panel delves into broader economic indicators, exploring the relationship between GDP growth and stock market performance.
Key Insights:
Quote: "As long as we're in somewhat positive territory, I think we'll be okay." — 19 Keys ([54:35])
A deep dive into the technological advancements driving market trends, with a spotlight on AI and data center infrastructure.
Discussion Points:
Quote: "The battle for energy generation between us and China is the most important war of this decade." — 19 Keys ([14:51])
The hosts engage in a thought-provoking dialogue about the concept of Black Excellence, questioning its impact on the broader Black community.
Key Discussions:
Quote: "Black excellence is a scam because we often celebrate people who benefit the individual at the detriment of the collective." — Troy Millings ([104:00])
The conversation shifts to the future implications of AI governance and the importance of cognitive security in the age of misinformation.
Key Insights:
Quote: "Cognitive security is the most important and most dangerous threat to our culture right now." — Troy Millings ([127:17])
Troy Millings introduces "Supermind," a brand focused on optimizing cognition through functional mushroom coffee and wellness products.
Product Features:
Quote: "Optimizing your consciousness is key. Your rituals are key." — Troy Millings ([97:00])
The episode concludes with the hosts announcing raffle winners for VIP upgrades and a grand prize trip to Ghana, fostering community engagement and rewarding listener participation.
Winner Announcements:
Final Remarks: The hosts encourage listeners to attend upcoming events like Invest Fest, emphasizing the importance of community and shared financial growth. They reiterate the sponsored offers from Block for discounted tickets, fostering a sense of urgency and exclusivity.
Conclusion:
Market Mondays #265 delivers a comprehensive exploration of the current financial landscape, emphasizing the pivotal role of AI stocks in driving market performance, the steady progression of Bitcoin amidst institutional adoption, and the nuanced discourse surrounding Black Excellence and economic empowerment. The episode underscores the importance of strategic investment in high-growth sectors, vigilance against economic volatility, and the critical examination of societal concepts that influence collective wealth dynamics. With engaging discussions, actionable investment strategies, and community-focused initiatives, this episode serves as a valuable resource for investors and listeners aiming to navigate and thrive in the evolving market landscape.
Notable Quotes:
Upcoming Events:
Special Guests:
Stay tuned to Market Mondays for more insightful discussions, investment strategies, and community-driven financial growth opportunities.