MM #297 The Investor’s Roadmap to Winning in the Stock Market

Summary

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Market Mondays Ep. 297: The Investor’s Roadmap to Winning in the Stock Market

Date: February 17, 2026
Hosts: Rashad Bilal, Troy Millings (“Mike”), Ian Dunlap
Podcast: Market Mondays | Earn Your Leisure (EYL) Network

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Episode Overview

This episode focuses on the essential strategies for building wealth and achieving investing success in any market condition. With a big-picture perspective, the conversation covers everything from the discipline and psychology of trading to sector rotations, investment opportunities in AI, the current state of the market, and practical tactics for both beginners and experienced investors. They also answer live listener questions, breaking down real-life dilemmas and investment scenarios.

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Key Discussion Points & Insights

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1. Community Reflections and Recent Events

Timestamp: 02:35 – 06:45

• The hosts reflect on their return from D.C. and recent EYL community events.
• Emphasis on the value of community, trust, and curating high-quality, educational, and networking experiences.
• Announcements for upcoming Invest Fest and EYL University events, featuring high-profile, hard-to-access speakers.

Rashad (05:55): “We've been blessed again to create that place of trust for people in the community that have something they want to get off their chest.”

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2. Key Market Updates & Trading Tip of the Week

Timestamp: 07:09 – 09:44

Market Happenings

• OpenAI acquires Peter Steinberger, keeping OpenClaw open-source.
• Amazon down 17%—worst month since April 2022.
• Nasdaq’s call-to-put ratio at a high, suggesting a possible larger market pullback.

Trading Discipline—Contract Sizing

• Ian stresses the importance of gradually increasing contract size after substantial practice for real market freedom.
• Rule of thumb: 300 practice trades before going live.
• “You can't put a Basquiat on your wall trading one to four contracts.” – Ian (08:37)
• Sizing up should be deliberate, after building discipline and comfort.

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3. Discipline & Emotional Intelligence in Trading

Timestamp: 09:44 – 15:50

• Rashad and Ian share hard-won lessons about trading psychology:
  • The urge to go bigger after a win and the need to stay disciplined.
  • Don’t let big gains or losses disrupt your risk management.
  • Maintain a consistent risk profile and avoid over-leveraging even after significant profits.
  • Experience and “preparing for the moment” are crucial—embrace the process before sizing up.
  • Long-term consistency trumps chasing short-term windfalls.

Rashad (11:31): “You should prepare yourself for that moment...it will teach you about grit, about financial intelligence mixed with emotional intelligence.”

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4. The Perils and Lessons from Short-Term Trading: Coinbase Example

Timestamp: 15:54 – 22:46

• Rashad details losing a put option on Coinbase despite all indicators predicting a negative outcome.
  • Lesson: Even with perfect research, short-term trades can backfire due to unpredictable after-hour moves and market manipulation.
  • Emphasis on using longer timeframes for puts (month plus) and being careful with catalyst betting.
  • Sometimes the market “punishes” short-term traders regardless of the logic.
  • Connection to futures and the importance of backtesting and stop-loss placement to avoid being “whipped out.”

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5. When Should You Sell a Long Term Position?

Timestamp: 24:18 – 27:40

• Only sell if you’ve hit your “freedom number” (your life-changing financial goal).
• The coming years will likely require more capital due to debt/inflation; don’t sell assets prematurely unless there are fundamental, structural changes in the company.
• Use trailing stop-losses (suggested: 25%) to protect against large drawdowns, especially if a company loses its edge or “moat.”
• Example: PayPal down 89% from its peak due to loss of competitive positioning.

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6. The Next Big Opportunity: Electronic Design Automation (EDA) Software

Timestamp: 28:05 – 34:02

• The “next AI” opportunity is in the software that trains and powers GPUs: Electric Design Automation (EDA).
  • Core players: Synopsys (SNPS) and Cadence (CDNS).
  • These tools are essential to the continued AI/data center/gaming revolution.
• Rashad: “Write this down: EDA, Electric Design Automation software...that software is what provides a GPU to actually be able to be trained.” (29:58)
• Pullbacks in these software names are buying opportunities, as they have “must-have” status in the semiconductor ecosystem.
• Analogy: Similar to owning both Nvidia and AMD, own both Synopsys and Cadence to cover the full opportunity.
• Example: Following previous “themes”—GPUs, memory (Micron, Western Digital), power (GE Vernova, Caterpillar), EDA software is next.

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7. Trading & Investing Education: Community, Dedication, & Realistic Returns

Timestamp: 34:02 – 40:45

• Mike emphasizes the benefit of trading education, options classes, and practical trading calls offered by EYLU.
  • Real trades, transparency on wins and losses, and open community discussion are vital.

Mike (36:59): “One thing about getting rich is that there’s no such thing as getting rich quick. You have to get rich with dedication. But you can get rich if...you are surrounded by the right people.”

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8. Risk Management & Portfolio Construction

Timestamp: 40:45 – 43:05

• Set return targets: 100%, 500%, 1000%. Hold long-term, especially to build multi-generational security.
• Anticipate that you’ll need to help family/community in a tumultuous economy.
• Only rotate into “quality” international stocks—stick to proven winners unless you have a compelling thesis.

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9. Are There Great $20-and-Under Stocks?

Timestamp: 43:13 – 48:40

• Pushback from listeners wanting cheap, sub-$20 stock ideas.
• Ian strongly advises against chasing low-priced stocks lacking quality leadership, margins, or global strategy.
• He recommends conservatism and seeking value in quality bigger names instead. Most $20-and-under stocks today don’t match past outliers (like AMD at $11 or Palantir).

Ian (45:36): “I'm here to tell you: a lot of these [cheap stocks] are not. They don't have the leadership, the product, the profit margin, the global strategy to do so.”

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10. International Stocks in Today’s Market

Timestamp: 48:40 – 52:04

• Now is not the time for aggressive sector rotation into international stocks.
• Most world-class companies are US-based multinationals anyway (with exceptions: ASML, TSMC, Alibaba, Mercado Libre, SK Hynix, Samsung, etc.)
• Emphasize quality, multi-market leaders only; don’t try to “escape” a US pullback by rotating abroad.
• Sector rotation is for large funds, not retail investors managing their own portfolios.

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11. Dow 50,000: Has the Market Peaked?

Timestamp: 52:26 – 56:23

• Dow hitting 50,000 is a milestone, but unlikely to be “the” peak—more growth to come.
• Dow composition (industrials, energy, financials, healthcare) makes it robust for the current era.
• Major corporate CapEx (Amazon, Google, Microsoft) suggests ongoing support for related sectors.

Rashad (54:12): “All those things are leading the Dow, and I think the spend, the capex on those things are going to increase.”

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12. The Top 10-Only Strategy & Portfolio Diversification

Timestamp: 57:51 – 67:32

• Mike advocates mainly investing in top 10 market cap companies for long-term, big-dollar positions; uses smaller positions/options for up-and-comers.
• Ian and Rashad note that sometimes the next big grower isn’t in the top 10, and it’s important to allow for some calculated risk.
• Keep separate buckets for long holds, trading, retirement, and speculative plays to avoid "contagion" in the portfolio.

Mike (67:32): "It takes a long time to get rich. It takes a short time to blow it."

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13. The India AI Impact Summit & Global Tech Shifts

Timestamp: 84:11 – 87:11

• India is on the rise as a major technology hub: hosting the first major AI summit in a developing (emerging) nation, attracting heavyweights (Google, OpenAI, Nvidia, Anthropic).
• US–China tensions lead companies to diversify talent and manufacturing bases to India.

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14. Norway’s Tax on Unrealized Gains: A Warning?

Timestamp: 87:11 – 88:31

• Norway institutes a 36% tax on unrealized gains—hosts discuss global experimentation with wealth and capital controls.
• Warn retail investors to watch how governments may respond to growing participation and profits in stock markets.

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15. How to Improve Stock Picking & Entry Timing

Timestamp: 88:37 – 92:50

• Ian’s “stock picking” method:

  • Study obsessively (“read everything”), treat investing as a game/sport.
  • Use technical tools: 72 EMA, 200 EMA, 400 EMA for entries.
  • Focus less on finding “the next hot stock” and more on executing well at key market triage points.

• Mike’s “20/30/40 Rule”:

  • If a quality company drops 20%, start entering.
  • 30%: add more.
  • 40%: go heavy — these are rare opportunities in blue-chip names.

Rashad (92:09): “Anytime you buy a depreciating quality asset, the return is going to be greater...this is how you see a thousand, 2,000, 3,000%: you’re buying when it’s depreciated.”

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16. Long-Term Simplicity: Just Four Companies?

Timestamp: 92:50 – 93:53

• Ian suggests most investors can build serious wealth by focusing on four first-rate companies and accumulating large positions over time.
• Avoid over-trading and "diversifying" into mediocrity.

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17. Leveraging AI & LLM Tools for Investing

Timestamp: 94:32 – 97:53

• All hosts use AI platforms (ChatGPT, Claude, Gemini, Perplexity) for research and analysis and urge the audience to do likewise.
• Investing in premium versions is worth it for better data/privacy.
• Use AI to build custom research workflows and leverage memory features for compounding knowledge.

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18. Return on Time: Focus on Your Zone of Genius

Timestamp: 99:01 – 100:52

• Hosts stress focusing on high-value activities—outsourcing tasks outside your core competency (e.g., don’t waste time hanging pictures if you could be earning or learning).
• Mike: “The biggest investment I can make is into myself…I want the highest level performance.”

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19. Q&A: Stocks, Sectors, and Market Moves

Timestamp: 103:30 – 116:25

• Topics include:
  • Google’s 100-year bond: Not a major red flag, but warrants tracking.
  • Caterpillar and GE Vernova: Long-term bullish on both as core infrastructure plays—AI is accelerating demand (106:45).
  • Commentary on Palantir, Amazon leadership, and company-specific risks.
  • VRT (Vertiv): Key player in the data center cooling (AI/gpu) story, with recent earnings beats and strong outlook (112:16).
  • Risk considerations for stocks like MicroStrategy (debt-heavy).

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Notable Quotes and Memorable Moments

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• On the discipline of leveling up as a trader:

  “Once you get two years in, you need to be in that 10 to 15 contract range…You gotta size up.” — Ian (08:21)

• On emotional intelligence in investing:

  “You gotta stay as disciplined as you were when you…got those gains. Risk profile can’t change.” — Rashad (14:22)

• On “the next AI” opportunity:

  “EDA, Electronic Design Automation Software. That software is what provides a GPU to actually be able to be trained.” — Rashad (29:58)

• On dangerous cheap stocks:

  “If Microsoft and Apple are pulling back…this is not the time to play in the bucket of the stocks with deep decay.” — Ian (45:36)

• On only owning four companies long-term:

  “Just select four great companies and get a whole bunch of shares...Master four things to trade and four long-term hold for 10 years minimum—ideally 40.” — Ian (92:50)

• On leveraging AI for research:

  “Phone a friend for real should be your number one brainstorming partner every day for an amazing presentation.” — Ian (57:43)

• On life and wealth:

  “It takes a long time to get rich. It takes a short time to blow it. Remember that.” — Mike (67:32)

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Timestamps for Important Segments

• 02:35 — Host reflections, D.C. event recap, importance of community
• 07:09 — Weekly market update / Trading tip: Contract sizing
• 09:44 — Trading discipline, emotional intelligence, sizing up
• 15:54 — Coinbase put option cautionary tale — short-term trading risks
• 24:18 — When to sell? Long-term positions and the “freedom number”
• 28:05 — The next AI sector: EDA software (Synopsys, Cadence)
• 36:59 — Building wealth through dedication, community, and education
• 43:13 — Are there good $20-and-under stocks? (Short answer: probably not)
• 48:40 — International stocks and why most investors should avoid rotating
• 52:26 — Dow 50,000: Market top or further to go?
• 57:51 — Top 10 market strategy & why allocation matters
• 84:11 — India’s AI summit & growing global tech hubs
• 87:11 — Norway taxing unrealized gains: a warning sign
• 88:37 — Blueprint for stock picking and optimal entry levels
• 92:50 — The case for owning just four core long-term companies
• 94:32 — Using AI for investing research and workflow
• 103:30 — Q&A segment (Google bond, industry calls, earnings preview)
• 106:45 — Enduring infrastructure names: Caterpillar, GE Vernova
• 112:16 — The Vertiv (VRT) story and the rise of liquid cooling
• 116:07 — Nvidia & Synopsys earnings preview

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Actionable Takeaways

• Take your time and practice before sizing up in trading. Log 300 simulated trades before going live; then tactically increase exposure.
• Long-term success means holding winners for years, not weeks. Pick 4-6 core companies, build large positions over time, and resist the urge to “over-trade.”
• Study the story: Sector leadership, tech infrastructure, and AI enablement are the big themes now and for the next decade. (e.g., EDA software, GPUs, memory, data center cooling)
• Use advanced tools—AI and community—for research and workflow optimization. Pay for premium products; invest in your edge.
• Pay attention to macro risks: Government debt, inflation, and new tax policies can threaten wealth—we’re living in unique times.

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This Market Mondays episode is jam-packed with actionable strategies, warnings, and sector spotlights—all designed to help investors build conviction, develop discipline, and capture major themes while avoiding common pitfalls.

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Transcript

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[Ian]

Here on a job site with Tim.

[Rashad]

Who owns his own electrical contracting business, three employees and two work trucks.

[Ian]

Tim traded up to Geico Commercial Auto Insurance.

[Rashad]

We're positively here where he needs us most.

[Ian]

They sure are. With step by step help on all.

[Rashad]

His insurance needs, all for shockingly low rates.

[Ian]

Shockingly low, huh?

[Narrator/Advertiser]

Just a little bit of electrician humor.

[Ian]

Do you get it?

[Rashad]

I got it. You know, it feels like we have a real connection.

[Mike]

All right, I'll stop. Get a commercial auto insurance quote [e-mail].

[Rashad]

And see how much you could save. It feels good.

[Mike]

To Geico it has always been the.

[Ian]

Way investing is important because it's the only way you are going to be able to get rich and wealthy for your family. We can close the wealth gap by working together.

[Mike]

Market Monday is the biggest investment show ever.

[Ian]

My life has literally changed since Washington eyl. When you can make people money and.

[Rashad]

You can add value, they're going to be forever indebted to you.

[Mike]

I promise you.

[Ian]

This year I'm gonna make y' all even more money.

[Rashad]

Disclaimer do your own research. Our content is intended to be used and must be used for informational purposes only. It's very important to do your own analysis before making any investment based on your own personal circumstances. You should take independent financial advice from a professional in connection with or independently research and verify any information that you find on our show and wish to rely upon whether for the purpose of making an investment decision or or otherwise. Let's build our knowledge, our community and our brokerage accounts. Love is love yeah, yeah, yeah, yeah.

[Ian]

Love is love.

[Rashad]

What's the deal?

[Ian]

How y' all feeling?

[Rashad]

We good, man. How you?

[Ian]

I'm amazing. Glad to be back in Houston. Great to see a video pop up today on my feed. I said, shy. Got my boy like, genius. Yo, give Kawhi the ball. Shout out to Kawhi.

[Rashad]

I had to show him how to use the tech.

[Ian]

Absolutely.

[Rashad]

What's the deal, man? Happy Monday to all. I can't say that I'm not happy that it is Monday. You know, the market is closed, but we are here for sure. It's a big week. We are blessed to be here. The weather is changing. The weather is changing. The snow is melting just a little bit or the snow residue is melting a little bit. So we. We good. How you feeling?

[Ian]

So I'm great. Shoddy. How you feeling?

[Mike]

I'm good. I'm good, man. Can't complain, my man.

[Ian]

Back to doing the. The think pieces, the content, shooting behind the scene. Oh, sure.

[Rashad]

Gonna be good. I just get a call, man. Yo, this is what we're doing. Okay. Yeah, we back. Shout to everybody that was in dc.

[Ian]

I was just about to say. Yep.

[Rashad]

Oh, my gosh. What about moment after moment that you. You know, we are blessed to create for a community of incredible people. The knowledge that was. Was displayed. The MCing that this guy did for two hours straight was incredible. I feel like there's some natural chemistry between him and dc.

[Ian]

I don't.

[Rashad]

I don't. I'm. I'm just saying the way it looked up there. I don't know, maybe something's in the cars. I don't know, man. Presentations were incredible. Alicia was incredible. A really good event, man. Shout out to everybody that pulled up.

[Mike]

Shout out to everybody, man. Everybody took advantage of that Black Friday offer. You know, I know some people might have thought, like, are they really going to, you know, fully deliver on everything, man? It's been. It's been done at the highest level possible. From Nvidia tour to, you know, access to E1 University, access to Red Panda to, you know, Capitol Hill tour. Taking a tour of Capitol Hill, having high congressional Congress members come and taking time out of their schedule. Getting the AI presentation, getting the options presentation, getting the trading presentation, investing presentation. All day. Nobody is. Is curating this, you know, these level of excellence.

[Ian]

Excellence, yeah.

[Mike]

This level of excellence is just a little different. And it's hard. It's hard to pull off.

[Ian]

And Maxine Waters was that. Well, he was on stage with her, but like, Maxine Water and was happy to be there. Like, that's so beautiful. And the passion in which she spoke. Oh, my God, it was incredible.

[Mike]

That's a fact. So, you know, man, the next thing up is Invest Fest, so everybody that got that ticket, you know, you come. Make sure you come. If you don't got your tickets, get your tickets to invest festinvest fest.com we just locked in two, two big ones today. First round draft picks. I'll tell you off air, Ian. First round draft picks. Two of them. One that definitely don't speak a lot. One of them ones. One of them. One. Everybody always wonder how we get the people that don't speak a lot.

[Ian]

Like what's the blueprint?

[Mike]

You just. Law of inertia, man.

[Rashad]

I think there's a level, there's a respect factor there, right when they choose to speak. It's very selective. And some of these people we've spoken to in private and just decided the respect is, is there. And if they're going to speak, it has to be in a place that they trust. And we've been blessed again to, to create that, that place of trust for people in the community that, that have something that they want to get off their chest.

[Mike]

Yeah, for sure. So I ain't gonna hold you too long. You take it to investigative Vendables and this year VIP will be black tie and we will be. We got another one for that one. Who's on fire right now? Currently, currently on fire for sure. Invest Fest. Best time of the year. Ian, any announcements? I got some announcements I'll make later on, but any announcements?

[Ian]

Yeah, if you want to get rich from the market, go to ianinvest.com and stock club call will be tomorrow, Tuesday at 9pm Central. Same Zoom link so you don't have to do anything different. We'll be on for about 30 minutes. So tomorrow, Tuesday, 9pm Central. Love you all. Tune in to Blackout Wednesday. Love you all over. Now let's have an amazing show.

[Mike]

Yes, sir. So let's talk about the investing fact of the week.

[Ian]

This week was a busy one. Number one, OpenAI acquired Peter Steinberger and OpenClaw committed to keep the project 100% open source. I know I've been critical of OpenAI the last three or four months. They made a good move. And the crazy part that Peter wanted to make this for Claude and the legal team blocked it. Great addition and great pickup by OpenAI. Amazon is down 17% this month. It's worse since April 2022 and Nasdaq is down 100%. And then lastly, a very important one for you options traders. The put to call ratio is near and high of negative 1.1. This happened in January of 2024. April of 2024. April of 2025. Usually there's a dump when the call to put ratio is this high. So let's see if history rhymes again. But the put to call ratio is, is at one of its highest levels, which indicates we could be having a fall, a deeper fall here pretty soon.

[Mike]

There you have it. That's good information. What's the trading tip of the week?

[Ian]

I keep getting pushback on these contract sizes. When I did episode 70 with them, I want to be clear because I see what kind of move Rashad is. So I'm gonna be in the same mood. I feel you, my brother. When I did the episode in 2020, that was my six year trading futures. Not everyone wants to trade one to three contracts forever. some point you're gonna have to size up in order to have freedom. If you're new here, my rule of thumb has always been 300 practice trades and then go live. But you can't put a Bosquiat on your wall. Trading one to four contracts put in chat. I deserve to size up to become free practice like crazy. But once you get two years in, you need to be in that 10 to 15 contract range in order to make the moves that you're making in the market worth it. Trading has considerable risk. Please consult your advisor. You have to love this game inside and out and be dedicated to it. But you know what really sucks? Catching a seven or 800 point move on a NASDAQ and Dow. And you're one contract in, you may have caught one of the best moves of your life. And then when you transfer the money, it doesn't feel like you had any significant value. So you gotta size up.

[Rashad]

I wanna. No, it's very important. I was gonna pause you, but I'm not gonna pause you because this is too important to play.

[Ian]

Go ahead. You saw, you gotta size up.

[Rashad]

Yeah, that's crazy. But now this is true. And, and when I was watching your presentation, I, I, I'm always looking for like just new information. So even when you talked about contracts being the same price in futures. Right. Which is very different in options, which, you know, almost made me unravel the level of discipline that I usually have because I'm, I started looking for contracts that would be more appeasable to a grander audience. Meaning like these are more affordable. And if they're more affordable, more people can get multiple contracts. Whereas in the past it was always, hey, let me go find a leap out there that is a year, maybe 18 to two years out, a little bit more expensive. But we buy Time, which means we buy volatility. And so there's like this space that I'm wrestling with because it's like, yes, you want more people to have exactly what you're talking about. I would say when you have an investment or you make a trade that works, two things happen. One's going to be like, man, I'm so happy that that worked. And I'm happy that I'm in the green. And the other thing is, damn, I wish I would have put more money in absolutely everything. Those are the two things that every time, yo, when you end the green, it's like, damn, if I should have one contract, man, if I would have had two or I have five contracts, imagine if I had 10 or I had 10, but it pulled back a little bit and I sold half of it off. And those things always happen. And I think it goes back to that piece we talked about maybe last week, where it's like, don't skip that. Like, you should go through that.

[Ian]

Yeah.

[Rashad]

Like, you should, you. You should prepare yourself for that moment. You should prepare yourself to be in those positions because it will teach you about grit. It'll teach you about financial intelligence mixed with emotional intelligence. You have to go through it. But the, the discipline piece of saying, you know what? This is my moment. I feel comfortable now. Like you said, 300 trades. For me, it was 20, 20, July. I said, I'm comfortable. I'm going for it at some point. Again, trading has considerable risk. At some point, you've got to get to the point where it's like, I put up enough practice shots. It's time for me to. I got to go in the game now and start and really say, this is, this is my plan and I'm going to execute at a high level and then be disciplined about that.

[Ian]

And some of you ask for, when is the time, we'll tell you. Like, I remember when April happened. I did Good Day, New York. Of course we did the show. We're telling you, like, no, this keen buying opportunity, like, even for me, that April, that April made the rest of my year, like, I could have been done. Just trading in April like that allowed me such a large swing percentage wise, that I can be really careful after every trade after that and only take perfect setup. So we're getting close to an inflection point like that. And kudos to all if you need one, if you're new. But this being my 10th year in this future space when it wasn't that many of us of RQ in it, I'm telling you, at some point, you have to have moments in which you graduate. You've seen it even in this partnership. And with their show, right? You go from show to get your tickets to Invest Fest. At some point, you have to scale and get outside of your comfort zone.

[Rashad]

Here's a question and just full transparency here, because I've noticed this happening time to time. You have these great gains, thousand percent, 2,000% in a company. You, you have your stacks. And I've, I think maybe in 24, I noticed this, right? Just having some great gains and saying, hey, we've won big here. We can be a little bit more risky over here. And then in 2025, realizing, like, wait, no, no, no, no. You got to stay as disciplined as you were when you. Even more disciplined, even more precise. I think that's where the stay low key firing thing comes from. It's like, yes, stay low, be in the research. But like, still strike with the same amount of position. Don't get loose because you've got pause. Don't, don't get.

[Ian]

You know, some of y' all was at allstar Weekend. I heard. We'll talk about it on Blackout or not.

[Rashad]

Don't, don't get, don't unravel. Don't lose your plan. Don't get undisciplined because of those gains. And that happens a lot too, right? Like, people will say, oh, man, I hit the 500% bet. Let me go. I'm trying to do this again.

[Ian]

You gotta change the risk profile. Can't do it.

[Rashad]

Risk profile can't change. And that, that, that is something that's very important. And on the downside as well, I've seen people, hey, you know what? I did this call. It didn't work. I'm never doing this again. And then they watch that same call for somebody else. It's about the discipline, but it's also about the experience too. I think we can't overlook those two things together.

[Ian]

And probably an even better lesson in futures. Your risk profile should not change. And then if you, once you scale up, you should stay in that pocket of contracts, whatever you're trading for a hundred trades. That way you can have clear risk profile and you're not going up, say, 1,400%, but then drawn down 300%. Your stop losses should be the same. Your target should be the same. Even in Red Panda, they'll ask me like, what's your short target? I'm like, it's the same thing from episode 70. You can't keep Changing. And that's why, like when Rashad is hella conservative, I like that. Because you'll be in a game 15 years from now. The people who blow up all their funds, like take Sam Bankman fried, right? He did a couple things that were illegal and missed out on a whirlwind of an investment in anthropic. Because your risk profile changed, because you start crunching the numbers to meet a shorter term metric. If you stay conservative, only risk 1 to 2% of trade, 10% of trade, you won't have those issues and you'll eventually be able to hit a home run. So keep your risk profile the same throughout your trading career and they go a hell of a lot easier.

[Mike]

And then do what you want or.

[Ian]

Do what you want.

[Mike]

Somebody said, where EYO should you beginners go to learn how to trade? Well, we got, we have the group and then we also have the options classes that are recorded. The first options class is, I think, archived and it's something that you can go back to as a reference point if you were in the EY University community. But also, before we leave this topic of trading. Yeah. I talk about Coinbase and what that represents as far as short term trades, because short term trades, I got burnt a few times with short term trades. And the thing with short term trades is that sometimes factors could work against you that you don't have control over and you got to be extremely careful. And that's a good example, I think, this Coinbase situation. So you want to talk about that?

[Rashad]

Yeah, man. You talk about all of the signs pointing to a negative earnings report. Right. Like if we look at the space that Coinbase is in, obviously cryptocurrency is huge for their bottom line. We looked at how bitcoins predominantly has performed over the past six months or even in the last quarter. We talk about the downtrend of bitcoin and how long that usually lasts. Usually down these, these downward cycle cycles last anywhere between 150 to 360 days. On the shortest term. It's been like 141. We are currently, that was Thursday. So we're currently in like day 136 or something like that. So we're, we're still in that, that short term phase. You look at that, you look how Robin Hood reported and they pulled back on their earnings obviously because of the downturn in their revenue from, from cryptocurrency. Bitcoin being a leader. You see how much the revenue comes from bitcoin. I think it was like at 20% and so you start asking yourself, at least I was asking myself like, okay, well, if we see all those metrics on a downward trend, then Coinbase obviously must also be in this because it's in the same sector. You go a little deeper into the research, you find that, you know, 50, 50% of Coinbase's revenue comes from cryptocurrency. It doesn't say specifically. There's no details on the estimated what people perceive.

[Ian]

You can see the correlation.

[Rashad]

The correlation, right? I think there's that 34% of that cryptocurrency revenue comes with Bitcoin alone. Again, if it's in the downward cycle, you can see how revenue is going to miss. And so I said, okay, well, I hate puts. Number one. I hate puts. Hate them, don't do them. Rarely. I said, this might be an opportunity here. Let's just. Let's put a put on this. And it was like, right at the money and at like 4 o', clock, this happens and, oh, we're looking great. All day, we're looking great. And then like at 4 o', clock, we're looking even better. It gets down to 134. I'm like, perfect, we've dropped 14. And I'm watching this thing and I'm watching it, and then I watch it go up. I'm like, hold on, let me read the report. Missed on earnings, missed on revenue. Future guidance is weak.

[Ian]

Yeah, future guys is terrible. Bright Armstrong, I said a fucking word.

[Rashad]

Everything you can think of is in it, in the favor of. This should be a pullback, right? I watched it go to 148. I said, oh, damn. After hours, we can't control it. I know there's some platforms that allow you to trade equities 24. 7, but in the options, you can't do anything. Right after 4 o', clock, you're done. You can't do anything again till 9:30 when the market opens. Watching it, watching it for an hour, it goes from up to 154. I'm like, yo, what this is? Then I start thinking, like, the market will always punish you for doing short term. And this is why I hate doing puts.

[Ian]

Yeah.

[Rashad]

Wake up in the morning, it's at 1:54. I said, oh, my gosh, this is ridiculous. Coinbase ends up closing at 164. Like the put was at 148. So obviously we lose on the put. And just for full transparency, when we do puts, we're not looking at them as leaps, right? That's too much time. And so if we do a put, it's usually going to be a week, two weeks, three weeks out. So it can get to that, that price. It shot up to 164 on Friday. Obviously the market wasn't open today. It'll probably stay in that range. And so I'm trying to figure out why, what, who's holding this company up. And the only thing I could find, and hopefully maybe somebody can add some, some, some texture around this. The conversation is they said that it had hit a bottom and retail investors are saying let's buy the dip. And I said, nah man, no way, no way, no way.

[Ian]

And so it wasn't retail to let that charge. But kudos to the institutional buyers. I see you.

[Rashad]

And sometimes we talk about being a short seller in that situation. The short seller got squeezed. That would be a short seller getting squeezed. Right? Like when everything is pointing to the downward trend, you're saying, yes, here comes downward trend. Okay, here comes market. Squeeze you out your position, take the liquidity, it stays afloat. Now how long will it stay at 160? Let's say it stays up there for four weeks and drops back down to 130. At some point all those people who are inside of those, those short term calls or puts all get squeezed. Liquidity gets taken by the brokerage and we get stuck looking like, oh my gosh, why do we do this in the first place? So just be careful when you're doing puts. This is a valuable lesson that can.

[Ian]

Be learned opposed to a two week time frame. What time frame would be beneficial for them to hold the put where it could pay out in their favorite like going forward if they was in the same scenario. But you got a month or how long? Much longer.

[Rashad]

I think a month, I think it's months of 5 month and a half at the, at the max. I don't, I've done probably like five puts and like maybe at the most I could probably maybe 10 at the most in like seven years. Right. This is something I rarely do. But the opportunity was point pointing in that direction. It didn't work in that favor. And so we'll, we'll see what happens with it. But again, sometimes the momentum, sometimes earnings could be terrible. And you can see we'll see a crazy bounce up $20 and earnings can be great and a stock will be flat or actually pull back. Right. We just saw that happen with, with Google.

[Ian]

Right.

[Rashad]

We're still seeing it happen with Google and we'll talk about them a little bit later. But like these are the things. And that's why when we say like hey catalyst, events are important, they're good to have as information. They also always aren't created the same. And momentum may not move in your favor just because something was great, because there's information that we don't know. But shout out to to Brian Armstrong and the whole family.

[Ian]

And the same thing can happen to futures like the, the futures market may drop and then you'll see a dead cat bounce and hit your stop and then go back to that direction. That's why you have to go back and test. It's a great thing to do in CL to find out what the average true range is to see where to put your stop so they won't get whipped out. So yeah, be mindful, especially in this market, regardless of direction that you're going, that you have enough time in your favor and your stop loss is not too tight for the asset that you're trading.

[Rashad]

Yeah, and it got double downgraded. Think about that. Right? So when we talk about grading and that's based on how analysts from large institutional firms feel about a company, there's usually like outperform, perform, hold, sell strong, sell. It got double downgraded to sell like on the day of its earnings. So I mean if you look at the report, I mean everything pretty much was negative and we saw a bounce. Go figure.

[Mike]

Yeah, go figure. Okay, so blackout at 09:00 Eastern Standard Time on Wednesday. Make sure you tap in and then earn your leisure. At 12:00pm Eastern Standard Time on Thursday we got Mark Barnes. So Mark Barnes, if you've ever been in D.C. speaking of D.C. park on 14th, you know, he's the one that actually had Club dream, Club Love. Legendary by all accounts the number one club owner in America when it comes to his 30 year run. If you ever been to DC, I'm pretty sure you know about park dream and love and if you don't, then you out the loop. Yeah, but we interviewed him at the park and he has some interesting things. Interesting things to say for sure, man. Interesting things. A lot of gyms though. A lot of gyms, but very entertaining, I'll say that much.

[Rashad]

It gives very. I'm free.

[Mike]

So yeah, check that out. Shout out to the DMV that's on Thursday at 12 o'.

[Ian]

Clock.

[Mike]

Okay, let's get into the. When should someone sell a long term position?

[Ian]

I think this is a great question. And you have two types of investors. The the investor, you're trying to get the capital together to get to your first goal. And then you may have the second investor that's hit a couple of different targets. But my thing is, if you have not hit whatever your freedom number is and shout out to the brother for this question, there's no reason to sell the re the way that the market is going with in terms of inflation. Just over the weekend, like I was on a plane coming back, right, U.S. debt will reach 64 trillion by 2036, doubling from 2023. I know that. We'll talk about the dow peaked at 50,000, even though there's all kind of unrest in the world. Debt to GDP, some are saying, may hit 2 or 300, and that may be the baseline or median number for most countries going forward. So my thought is if you sell off your assets too early, unless you've hit your end goal number where you like, your FU number, you're going to need more capital in the future. And I don't see on either side, Republican or Democrat, a great potential leader in sight. So I wouldn't hold off and think, well, I have more than enough money right now. It would be a mistake. So if the debt is supposed to increase by that much by 2036, the value of the dollar is going to drop even more. Ray Dalio just put out this past weekend. We're in phase six of the new world Order. So now is not the time. Unless you've gotten to that mark of 20 million, 30 million, 50, or that other number that we talk about behind the scenes, now's not the time to sell or liquidate.

[Mike]

And I think it's important just to pay attention to the positions that you're in, because something like PayPal is down 89%. So when you start to see.

[Ian]

That.

[Mike]

Your investments have taken a drastic turn, not just in price, but fundamental changes in the company, fundamental changes in the industry, they no longer have a competitive advantage, they no longer have a moat. There's someone else in the space that is more relevant than them, that's performing at a higher level than them. I think it's important just because it is.

[Ian]

If you're not one or two in the industry, not to cut you off, but if they're not one or two, you got to let it go.

[Mike]

Yeah, yeah. And you can't, like, you got to have a stop loss there, too.

[Ian]

Like I said, 25.

[Mike]

25 stop loss. Yeah. Because like I said, PayPal is down 89. So you can't, you can't just say, okay, I'm just going to hold it and hope for a miraculous comeback. You Had a hundred thousand dollars in PayPal, you know, 10 years ago, now you got $8,000. Like that's not a, that's not a recipe to build wealth.

[Ian]

I mean real quick. Job creation is the weakest since 2003. Consumer delinquency hit a nine year high. Small cap financials are exposed to both. Debts to GDP 20 years ago was 60%. It's currently at 145. They're not going to balance the budget anytime soon. No.

[Rashad]

So not like not likely.

[Mike]

That's why, that's why I go got to continue to go up. But let's, let's talk about the next one. Okay? Hit the like button and share. Ladies and gentlemen, this is the blueprint. So let's talk about, put this post on Instagram and he talked about it during the Mastermind. So if you at the Mastermind, don't worry, you know, you spoke for an hour. So we ain't gonna give away everything. But let's talk about one particular something that you talked about as far as the next AI.

[Ian]

This is the big one though, like a pause but writer diner write this down.

[Rashad]

I, I think it's important to, to have vision, right? And I think if I talk about story and shout out to everybody that that's been dming me about understanding the story. And if you understand the story then the vision becomes very clear. And so when we talked about GPUs in 2020, 2021, it was very clear at the time where we were saying that these chips were going to be needed for everything in the world of tech 2023, obviously AI becomes a story. GPUs are still at the forefront of it. So we were ahead of it. The next thing we were talking about was memory, right? Because if GPUs are the central part of this economy, that is going to need its core thing to remember to keep inference on, right? So the memory sector became southern that we were focused on Micron when it was $83 Western Digital Seagate. I mean this is before they ran on their 200 plus percentage run in 2025. SanDisk came a little bit later, but still in same of that memory story. And then we had that data center revolution and that was part of our classes. You thought to yourself well none of this works without power, right? And sometimes if we look at the story it makes a lot of sense, right? The GPU has to go inside of Iraq, Rack has to go inside of infrastructure. Infrast going to need power. And so this is when GEV comes about and we start talking about that and then we talked about how long it's going to take for them to get nuclear power up and running. We need power now. Then Caterpillar comes out again. The story becomes very consistent, right? This is the AI economy. And so the, it's, the next thing is like where do we look to next? Well, what is the picture that's being painted? And so everybody's talked about software over the past three weeks. If you turn on cnbc, if you turn around Bloomberg, you hear about software getting destroyed. And, and yes, there are software companies that are being destroyed, but what type of software is a consumer facing software? Is it CRM software? Like are there softwares that are disrupting, are going to be disrupted by AI? 100%. But there are pieces of the software story that are going to be mandatory and necessary. And that's where EDA comes into it. Right? Write this down. Eda, Electric Design Automation software. Eda, right, Electric Design Automation Software. That software is what provides a GPU to actually be able to be trained. Right? And so if these models are being built, inferences happening, large language robot, all of it has to be trained, right? This type of software is where it happens on. And so you start thinking about, okay, well if it doesn't remember, if we can't train it, what's the purpose of it? And so you start looking around the companies that are at the forefront of it. And true to my word, we were at GTC last year. And as Jensen speaking, I'm literally taking screenshots of the screen. I'm watching him, but I'm looking at the screen and why am I looking at the screen? Because at the bottom of the screen there's a bunch of companies that are listed. And I'm like, okay, these are partners, these are partners who are the companies that I see. Cadence synopsis. I said, oh, okay, I'll put that in the tuck one day, I'll come back to that. But I'm just going to keep this screenshot. And so I start hearing about software, software, software getting destroyed. I see pullbacks. Great. The whole software sector is pulled back. I looked at these two and I said, wait, wait, wait, wait. These are actually going to be needed. Yes, Oracle can pull back because software is going to look different. IBM has done pretty well, right? They're in software. They were ahead of the game when it came to AI. I start looking at the semiconductor, specifically for gpu, specifically for agentic, AI and automation. And there's two companies that are at the forefront of that and are pivotal in that space. And those two, Synopsys and Cadence. I said, okay, this is interesting. Now I'm digging back, pulling back the layers. I looked two weeks ago. There's a big deal that goes across my timeline. Synopsys does a deal with Nvidia for 2 billion, which means that they are now looking to have them as the number one software, or eda, inside their economy. Which is interesting because Cadence used to hold that spot. And so I thought to myself, well, this is interesting. How many companies can perform at this level? Well, there's just these two. And so I started thinking about how we used to talk about AMD and we talked about Nvidia, and I was.

[Ian]

Like, yo, let's go.

[Rashad]

Let's just own them both. Yeah, like, if they're 85%, they're 15%, that makes up 100.

[Ian]

Let's own them both, Hedge. Absolutely.

[Rashad]

Let's own them both. And so I said to myself, all right, well, Synopsys and it's Cadence and three is like, way down the line. Let's own them both.

[Ian]

Why?

[Rashad]

Because this software is going to be in every gpu, right? It's needed for every gpu. It's needed for every tpu, is needed for every xpu, cpu, any processing unit that you have and you want to train models on, you're going to need their software. And so that is their moat. And we know that training is only at the very, very infantile stages. If we're talking about any type of AI, we know how important these companies are going to be. When software pulls back like it has, this leaves an opportunity. Every time we see a pullback, you got to think opportunity. And when you understand the story, you can see how this is going to make a lot of sense. And so that's the area I'm looking at. On Thursday, I'll pull back the layers even further to see you how we broke down and, and got to a point where like, hey, it met some of our metrics. Let's make a move on it. But eda, Electronic Design Automation Software. Put that in your notes. Circle that, highlight that, come back to that. It'll be a major key. Now, we said this about memory, and everybody was like, are you sure? Are you sure? Are you sure? A year and a half later. Oh, my gosh, I can't believe I missed on Micron. Don't let that happen this time.

[Mike]

And yeah, the thing about it is too, is that with the Micron situation, remember we. We talked about that in EY University. So if you're not familiar, Troy does an options class every single month at EY University. So I actually watched it. I always watched the class. I either watch it live or I watched a playback. So last April, one of the stocks that he talked about was Micron. And in this, in the option class, he actually goes down as far as like what option he actually purchased. Not to say that you have to purchase it and invest in has considerable risk. Consult your advisor. But he'll show you like, I brought this, I brought this at this strike price. Like he shows you like what exactly he actually did. And so I brought that one, I actually brought two Micron calls. And then right after that, that's when the crash hit. So it actually was negative. It was definitely negative. Everything was negative, but it was negative. And fast forward to today. So that call, I'm almost up like a thousand thing like that, that went down like a little bit last week, but I'm like 950% on that one. So the thing about it is that relationships is really the pathway to success. So you guys are blessed to watch Market Mondays because it's almost like you have a, you know, a relationship as far as being able to have insight to like conversations that people will usually have in private. But like, for the traders, everybody's not a trader, that's okay. But for the traders, I think, you know, having that community is vitally important. So like with EY University, he has the options class, he goes over it. He's going to have his class on Thursday. Yeah, 7:00'? Clock? Yes, yes, on Thursday. Mark your calendar. Take advantage of it. Because he's not just going to be going over, that goes over the whole portfolio and everything that he's looking at and different moves and different things of that nature. So why would you not take advantage of that? That's on Thursday at 7 o'. Clock. I actually have a financial planning call tomorrow too, I think at seven o'.

[Ian]

Clock.

[Mike]

But then there's also an investing group. That's the good thing about it too. So in the EY University, there's an app. And then people are on the app every single day and they're talking about different trades that they make and shout out to Austin and the Huda and Stephanie and going over charts. So it's not one thing about getting rich is that there's no such thing as getting rich quick. You have to get rich with dedication. But you can get rich if you do have the dedication and if you are surrounded by the right people. That's vitally. Important because the information that you receive is really going to change your whole entire life. So I don't need to study the stock market every single day because I'm doing other things. If you have to figure, you have to figure it out. It's the relationships that you have to have. I'm not in competition because I understand that that's something that he's gifted at. Just like he's not in competition as far as with marketing or social media or a variety of other different things.

[Ian]

It's a partnership.

[Mike]

A hundred percent.

[Ian]

Goes much smoother that way.

[Rashad]

Yep.

[Mike]

So with that being said, take advantage of the options. Call this Thursday at 7pm Eastern Standard Time. And we are doing the flash offer. First time we've done this solo outside of the bundle deal, which is five year access to EY University. Five year access to EY University. 30 slots, first come, first serve. You can go to eyluniversity.com we are opening it up for 30 slots and you will have access to five years, 500 a year. If you can't, if you can't make that in one trade or at least two trades, you haven't taken it serious. That's impossible not to actually be able to make the yearly times 10. That's going to be, that's going to be extremely difficult. 30 slots, first come, first serve. Like I said, you e while university you get access to the mg, the mortgage guys, home buyers, blueprint choice options, classes every every month. My financial planning calls every single month. The investing club where we go over crypto and charting so much more. There's regional groups, we have in person events. The next in person event is in Miami in March.

[Ian]

What date is that?

[Mike]

March 22nd, I think 29th. March 29th. Only EY University members have access to. So no, we put a lot in this community and we really want to make an institution that people can really not only get camaraderie out of, but make a lot of money out of as well. So if you're interested in a higher level of education, go to eyuniversity.com 30 slots, five year access, first come, first serve.

[Rashad]

Yeah, and listen, listen. Thursday we going crazy. I'm just telling you in advance, we're going crazy in D.C. they try to kick me off the stage. I was going a little over time. Ain't no time limits to eylu like we create our own time. I already told Magda this will not be an hour class. I got a lot to say. I got some guests, I got some tools that people are going to be able to use specifically only for our university. We going to go over some calls that we've made. I'm making some new ones specifically for the class. We are going absolutely crazy on Thursday. Make sure y' all pull up. Make sure you have your.

[Ian]

Listen, listen. I was in the Sprinter. I saw some of the slides.

[Rashad]

We go with. Yo, It's. Yeah, please, please.

[Mike]

And like I said, I'm actually a client. I actually watch. So that when I'm up a thousand percent, but then AMD, that's probably like 400, 300% TSM. That's like 300%. Did a Nvidia call that Omar? That was like, 400%. So every call, obviously, is not gonna work out like that. But, I mean, that's just real life. Like, honestly. That's just me. Honestly speaking. Like. And that's. I'm an actual student. I actually watch the classes, and I've actually.

[Ian]

Y' all know what's working? Cause every time you go in the store, he's slapping up some more marble somewhere.

[Mike]

You know, the marble.

[Rashad]

Kids gotta eat. Kids gotta eat.

[Ian]

I'm like, you got a roller rink in the crib out of marble.

[Mike]

Marble is in. I'm actually going to do part two of my real estate series for the house, too. I got a tie.

[Ian]

That's fire.

[Mike]

My china stuff came in.

[Rashad]

Hey.

[Mike]

Okay, it's in.

[Rashad]

Trey. Trey. We up on Vertive, too, man. We up on Vertive. We sold them. Report shout and shout out to everybody that was in Arista Networks. They. While we were doing the mastermind, they actually reported, and we're up like 20%. Another call that we've been in when we were talking about energy and who's gonna. It's all part of the story. And like I said, when the vision becomes clear, everything else makes so much more sense. We're gonna have a diagram to show y', all, but. Yeah, pull up on that. That's gonna be. It's gonna be fun. It's gonna be a fun one. I'm excited.

[Ian]

Yeah. Also to my brother who asked that question, please. Gonna be on the call Thursday. But for those of you who feel that you need to trim your positions, the targets for them are 100, 500, and 1000% return. But another reason you want to hold for the long term is for the family members and friends you're going to have to help that may go destitute due to bad leadership. Currently $1.9 trillion in debt in 2032, Social Security runs out short interest in the XLK is up 1.8%, like one of the highest levels in eight years. The economy is shrinking, and everyone is lying and acting like everything is fine when it's not. So you're going to have to help more people than you actually think. Then it's just you, we got to do it.

[Rashad]

And that's why you got to invest.

[Mike]

One time, payment for five years. Okay? With that being said, let's talk about international stock exposure and only. The only. My only thing about the options is that it's just too many. Like, I feel like I don't like to trade too much. But then the one trade that you don't take, that's the one that actually goes up 3,000. That's the only. That's the only dilemma. It's like, you could. You don't. Because I like, you know, I don't want to have a hundred trades.

[Rashad]

Yeah. And then, yeah, one time he texted me.

[Mike]

It's just like, you know, you know, it's like one of those things.

[Rashad]

It's tough. It's tough. You know what I say? Yeah, we're not done. And so a lot of times it'll be a trade in the same company. So Micron, I got, like. I'm just stacking them.

[Ian]

Layer them in.

[Rashad]

Yep. Just lay it. Nvidia. Stacking it right. TSM stack it. SanDisk and stack it right. Every. It hits a metric, like you say. And it's crazy. And that's why when we talk about, like, just being aligned with, like, investing, when you were talking about the 100%, 500%. Thousand percent, I'm just sitting there like, yes, yes. Look, he's saying it right here.

[Ian]

Yeah.

[Rashad]

Once it hits some of those metrics, it's like, yeah, we can watch it go to 500% or we can say, hey, it passed our threshold. Is this an opportunity now to get in the position again at a different strike price? Yeah, it might be. Of course, if we believe in the company, and we've seen that happen over and over. So. Yeah, yeah, shout out to everybody that's in glw, too. That would come on.

[Ian]

Before. Before we get to international stocks. Can I give a commentary on the $20 stock comment last week? Because I got a. A little bit of pushback.

[Rashad]

That setup was so good. Yeah, let's talk about it. Let's talk about the pushback you got over the 20. And we talked about it, too, after in the car. But, yeah, let's talk about a little bit.

[Ian]

So last week answered the question are there any stocks that are great at $20 and below? And last week I said hey, I have a list for you and the list was done and a lot of you had some uproar and some insight on that which I appreciate the feedback but I want to give me give you my feedback as to why. So if you look at Wolf, don't love it. Heavy debt, super capital intensive, very high risk, high reward scenario. I don't like it unless it drops to $4 and 42 cent RGTI there's other better players in the space. I think it's going to drop to a $37 ionq I think will drop to 1431 and serv I think we dropped to 207. I know a lot of you are in love with USAR it's a liquidity risk so at763 it may be okay. And the difference between this era now versus palantir over a few years ago or even amd that I called at 11 six years ago some people up 1700% who've been with me in Red Panda for many years is that the profile of the economy is dramatically different and we're at the tail end of this cycle of investing so there aren't as many superstar companies that are going to be available. I'm not trying to burst your bubble because I know if you missed out on something like Rashad just talked about, you have the FOMO so maybe USAR would maybe be the next one that goes up a thousand percent. And I'm here to tell you a lot of these ones that you guys love are not. They don't have the leadership, the product, the profit margin. They don't have the global strategy to do so. Even for like those who you know, I like notoriously have been anti Intel. Even if you took an option trade in that you're up 100%, you have to stop confusing a short term trade with what's a good long term investment if you're worried about it longer than four years or I'm gonna just say this too. If you love a company and my opinion affects you, it's not a good investment. I never care what the public said about Nothing. I picked AMD, Nvidia, Microsoft, Apple, Anthropic, OpenAI, Starlink doesn't matter. So I know a lot of you are searching for the cheapest stock available but if Microsoft and Amazon and Apple are pulling back DraftKings are hitting 2022 lows. This is not the time to play in the bucket of of the stocks with deep decay when their CEOs aren't talking because some of them in them files. Now is not the time to play. Now is the time to be conservative. Allegedly allegedly go on the other sandbox and buy some quality before your your executive get exposed over the weekend like some of them did overseas. So be mindful now that wasn't a.

[Rashad]

Legit that actually happened. Yeah DraftKings got hit CRA. I mean the predictive markets have really really tainted and I know it's when we had the conversation last week and even now like people are still I'm going to do a breakdown on SoFi so we can just have an understanding of.

[Ian]

There's a lot of talk around that one too.

[Rashad]

Yeah it's so much because we spoke about in in on the way over to the event about Wolf and how I felt it would have just been irresponsible for us to say it and then people were like well they mentioned it. Do we believe in it though? Not really. I don't think there's not many that under 20 that I believe believe in. And so it when you said none I was just laughing in my head like yo, I really felt that way. I kind of came up with something that maybe they could get acquired. But you know what's interesting when when you said Rigetti I hadn't even realized that the quantum stocks had pulled back.

[Ian]

All the way down so much.

[Rashad]

Oh my gosh.

[Ian]

The ones that screaming the one and it's not 20 but it's in that range of 30 it's 16. The only one that has long term sustainable growth from here is probably apod. Wolf's not the one. I know like it was some interest in JM AI as well but APLD is probably the one in that 20 to 30 range that has high probability of being acquired or being able to go from 30 to 60 to 75. But every company is not Palantir. Every company is not Robin Hood. Like Robin Hood had an incredible edge and mind share that a lot of these companies just don't have. So be careful. Be mindful, be mindful.

[Mike]

Hit the like button and share. And thank you. I do read comments so thank you to the person I know that noted that I check out it said yearly. That was just a typo so that's been corrected. That's been updated. It's not yearly. It's a one time payment. So if you refresh your browser and you go to check out you will not see yearly but it's not yearly. Just One time payment for five year access. Let's talk about the top international stocks or if you should have international stock exposure during this climate.

[Ian]

I think in this climate it's a great question. But going back to the. This reminds me of All Star Game. Like we're in the trenches of a potential global reimagining with some things being leaked which will have an impact on the market. Now is not the time to gamble. Most of the great American companies are multinational corporations anyway. There are a few companies that are great. But to rotate to international stocks just because I think would be a mistake while Google is having the run that they're having. You gotta commend Sam for the acquisition of Claude. Even though that was a one person, 84 day, $1 billion acquisition, it was a win that he needed. Google's dominated Netflix. That's been highlighted. I don't think the time maybe if Spotify drops to the right price potentially. But I think just to purely rotate in when I tell you that whenever we have a pullback in the market, every index is going to fill it. The BO Vespa is going to fill it. The German DAX is going to fill it, the Nikkei will fill it. So you are going to have an ability to escape the downturn by solely rotating into international stocks. You got to buy the best stocks in the world. They. Those just happen to be here in America.

[Mike]

Some. Some of them, yeah. Tsm.

[Rashad]

I was gonna say let's let them in on the secret.

[Ian]

I mean we've already talked about like I'm.

[Mike]

Yeah, yeah, yeah. You talking about.

[Ian]

We've already talked about the endless.

[Mike]

The snitching arts in Germany. Like some, some no name.

[Rashad]

We talking about excluding asml, excluding TSM.

[Ian]

That we've already talked about.

[Rashad]

Excluding Baba.

[Ian]

I like Baba. Potentially. There's a couple of Chinese stocks that I like. But would I put 40% of my net worth into. No. Maybe 5%, 10% exposure if we go like I just want to be real. Like when people say okay, I would do this, it's like well would you put half or all of your net worth there? The answer is usually no. Amgen Lily happy to lean Even though Nvidia has been ranging for a long time, that's still a safe bet that I'm not having to worry about long term. Microsoft has already figured out their partnership agreement with OpenAI and Anthropic so I'm not worried about them over the next four or five years. And once again you have to remember sector rotation is for hedge funds for moving Client money not for moving your own personal portfolio. That's how a lot of you miss out on a lot of games. Trying to rotate quarter to quarter.

[Rashad]

Yeah, I think, I think those are those Core four, right? Like when we talk about international if you're gonna have some exposure the asml, tsm, Baba Micarta Libre. I see somebody put SK Hynix in there Samsung because of the story inside of memory outside of that man, you can't touch. Yeah, I'm good.

[Ian]

Too volatile.

[Rashad]

I'm good. Yeah, I'm really good.

[Ian]

So. And if those Profit margins aren't 40 to 50% and everyone thought the same thing with Novo versus Lilly and they had a precipitous incline in the end disastrous fall.

[Mike]

So okay, so we're not not big on the international stocks. Okay, let's go to the next topic. Mike, we go into the next topic. Has the dow peaked at the 50000 mark hit 50000 then you know, receded back a little bit. So as the Dow peaked will Pan.

[Ian]

Bondi be fired anytime soon?

[Rashad]

First off, question for a question that's talk about. That's what we should be talking about.

[Mike]

Eric, hold the poster.

[Ian]

What do you say?

[Mike]

He's like don't you miss me now? Then he, he posted a screenshot of him and then her next to him and then he put the Kumo D the the Kumo D song.

[Rashad]

Oh, you like me now?

[Ian]

Yeah, bro.

[Mike]

Like miss me yet?

[Ian]

I do. It was even good seeing Obama at the All Star game.

[Rashad]

That was nice that.

[Ian]

That was nice.

[Rashad]

Yeah.

[Ian]

No, I don't think that we've peaked. I think we're just in an interesting part of so in the investing regime. Right. There are a couple of things that the market doesn't like. Number one is always uncertainty. Like you can feel that there's something off in the market. But everyone has not revealed why Amazon is under pressure. There's been a slight pullback there. Apple was down 8% last week. Amazon 5.4 meta 3.2. Nvidia dropped 1.4. But no one's giving you all of the information. Kind of like how was in the 2019 the market had hit a high. It was starting to pull back and then Covid was announced in March. We're just waiting to see why. But I as far as the Dow, I think the Dow has done a great job of the way that they weight those companies to make sure that it's fine and it's given less risk in comparison to NASDAQ if you will do I see us hitting 49,120 possibly but I think no we haven't hit the peak of the Dow at all. I don't think we're even close.

[Rashad]

Yeah, I don't think so. When you look at the Dow you look at the companies inside of it. Daos led by industrials, financials, energy, healthcare. When we talk about the sectors that we think are gonna matter that perform well in environments like this especially in, in the world of health tech which is going to be huge. We obviously, we know energy is in demand and that's going to expand. Yeah we talked about financials in terms of regulation and what that's going to look like. We haven't seen much yet but I mean we're still in February and then industrials we've talked about the build out that is going to be needed here in America. All those things are leading the, are what leads to Dow and I think that the spend, the capex on those things are going to increase. Right. We, we kind of just like talk about it and brush it over. But when Amazon says they're going to spend 100 billion and or 200 billion and you know Google says they're going to spend 185 and Microsoft said they're actually going to spend that somewhere like that capital has to go to something when they're saying they're going to spend it and it's probably going to go in side of energy. Yeah probably inside of industrials and obviously in technology and so that spend is still going to be there. Healthcare. I mean we, we, we, we haven't found out. Yeah, I mean our population is aging obviously you know that's going to be a sector that, that is always going to be a part of it. So yeah, I think all of the things that lead to Dow have the promise of having pretty solid years. So I think this is, it was like you know one of those psychological numbers that you hit and you're like oh we made it right. When we got to 30,000 is a celebration 40,000 we got to 50,000. Let's see the support and resistance around this. I, I think we go past it though. I mean what did he said we're going to 100.

[Mike]

I mean we know we have to go past it. It's just a matter of when. I mean it's not like we going to never look. We're gonna, we're gonna, we're gonna go to 100, 100% it's just a matter of when it's 100% going to capacity.

[Rashad]

It just says as it peaked. I don't think it's peaked.

[Ian]

No. If anything the Dow probably for the American index is the safest index of all based on waiting. So no, I wouldn't you take it.

[Rashad]

Over to S P.

[Ian]

Because of the waiting. Let's draw down oh prompt act as a world class investor. If we hit global triage in the market, how far would the Dow drop from peak to trough? How far would the S P drop? Peak to trough. And same for nasdaq.

[Rashad]

Okay, do your homework.

[Mike]

Oh that was, that was good information too. As far as what Alicia Little gave it to at the mastermind about prompting, how to really prompt like you can really use artificial intelligence to become your mentor and to, and to help you out with so much stuff in life. I feel like if you're not using it to have somebody that's going to give you a high level of information and a valued opinion based on, you know, information that you're feeding it, you're using it the wrong way. If you're just using it just as a search engine, you're not using it correctly. If you're not using it as a high level mentor to everybody that said they don't have mentorship that you have.

[Ian]

Got to go to chatgpt.

[Rashad]

Phone a.

[Ian]

Friend for real should be your number one brainstorming partner every day for an amazing presentation.

[Mike]

You can enter any type of prompt you want. What type? What, what's the top 10 investments in your opinion that has the highest rate of return possibility with limited drawdown for the next 10 year period and it'll say Nvidia, Microsoft, whatever. Then you say okay, well out of those 10 we, what's the, what's, what's the risk? What's the reward? If you were personally putting a hundred thousand dollars into a portfolio, how would you allocate it? I mean ultimately you still gotta make the decision but it's, you talk to it enough and it's gonna give you a very detailed educated answer. Like me personally, I don't invest in any company that's not in top 10 because smart move, there's no benefit in it. The number one rule in life is not to lose money.

[Ian]

Big facts. Hello. That takes care of 80% of 90% of your journey.

[Rashad]

Top 10 market cap. Yeah, that's tricky.

[Mike]

I'm just saying.

[Ian]

And it matters more if you put in large. That's the other conversation. We don't have enough. If you're, if you're deploying between 200 to 2 million, man, it sucks to have a 15%, 12% drawdown, 100%.

[Mike]

And it's like you, the number one rule is not to lose money. You got to go with proven winners. Especially like you said, Ian, if you put in large, large sums of 3.

[Ian]

Million at a time or a long, you can't.

[Rashad]

Here's my only feedback though, because you can miss out on growth. Right? So, like Lily is not a top 10 market cap, but you, you, you would invest in that for sure.

[Ian]

Absolutely.

[Rashad]

Micron right now in the portfolio, not in the top 10, but has the potential to be in the top 20 for sure in the next, maybe two to three years. Could get to the top 10. We'll see. It's a long, it's a long climb there. But no, that is, this, that doesn't surprise me. Like you saying, that doesn't surprise me. But there's also those, those peaks where you could, hey, this could climb out of the top 10, right? Like Tesla could have a pullback. And now it's not in the top 10. We, we've seen Apple.

[Mike]

Eli Lilly is actually number 10.

[Rashad]

Well, it just got there. It had to get there.

[Mike]

You know, I mean, it had to get there. But I look at it like my strategy is a lot of the companies that's not in the top 10, I'll do, I'll do trades on, I'll do options trades on those companies.

[Rashad]

Oh, you're saying like you having shares?

[Mike]

Yes.

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[Ian]

I think that the surprising thing was.

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[Ian]

Even in that you have to. If they're not top 10, you have to figure out the allocation. So either gotcha 5%, 10% or 15% max and then ride them. That's why also holding for five to seven years, you'll be able to get 5 or 700% out of a tech company. Even if they were middle of the pack 20 to 55 doing to economic shifts in the environment. If you hold for two years, the return not gonna be as good.

[Mike]

And to the brother that said, well, what exactly have I lied about? Out of curiosity? I said I have a habit of lying sometimes. Just out of curiosity, what have I lied about?

[Rashad]

I. I've never seen like how can you say that about somebody's portfolio? It's not there.

[Ian]

And that's the crazy part. You can post all the proof in the world and they still think you lying also too. For my traders and investors, keep your IP off of the non enterprise. Shout out to Alicia the non enterprise version or go to the CO version of GPT because your proprietary information will end up on the interwebs and you're gonna be upset. So be mindful. Be mindful. Yeah, but we can.

[Mike]

I'm not even mad. I'm just saying. You said you're saying that you're saying that I have a habit of lying. So out of curiosity, what am I, what did I What did I lie about?

[Rashad]

Yeah, that's what if it's just shares, right Then that make that, that changes. And I'm not, I'll be honest, I'm not. I mean I have shares AMD, which is not a top 10, but my conviction on that story makes a lot of sense. But that's just.

[Ian]

And also too, it's another conversation if they're one or two in the category. So when I was really big on Nvidia, when that I saw the shifts coming because I was buying them when I was having my computer built, you can see what was to come. Now, of course you wouldn't know that they would take over and be the center of the AI space, but you knew that they were dominant in their space and they were one or two. So that will lead you to have some more conviction to put up to 20%. But it's all the percentages of like, even in a good trade, you have to know when, like, if it's not a perfect setup, you can only put 5% of your trading capital into this trade. If you're at, let's say a secondary or tertiary EMA versus it's an April price and now you can go heavy and put 40% of your portfolio into it. So it's all a mathematics game.

[Rashad]

It's the story, I gotta keep saying it because it is even to GPUs, even data centers, really. Right. If we want to talk about data centers. If you look at the origin of data centers, where does that come from? What is that a derivative of? Right. In 2011 and 2012, when people are trying to mine this new technology that was going to be shake up the financial world, they were building these centers so they can mine Bitcoin. Right. The data centers that we used to talk about were just for that purpose when we realized how much energy they took and what they can do inside of it. Now you look at a lot of those data centers, some of them are mining. But they looked at the technology and said, wait, we need to use those racks, we need to use some of that technology now for this purpose. And so when Nvidia, which is already leading in gaming, can now help process that rack and become the brain of that rack, it makes sense, right? But we've seen this, right? Where are they putting these factories that they're mining Bitcoin? Because we used to think maybe we can do this in our house. Can we mine Bitcoin in our house? That used to be the talk. And we're like, I don't think so. I think we need more power. And so you start investigating, you're like, wait, they putting these things in the middle of the country and where are they putting data centers right now? In the middle. It's the same story. Same story. They're just the parts have changed a bit, the function has changed a bit. And the use case for what we're using inside of the infrastructure, we're going to need more obviously and more power. That has changed. But the story has been the same.

[Ian]

Yeah.

[Mike]

And I think it's important for everybody to have their own strategy. Like I said, for me personally, I look at it like A3 accounts. It's a retirement account, it's my regular long term hold account and then it's options. A long term hold account. Yeah. I'm putting substantially more money into companies that's in the top 10. My trading account, I'm putting less money, less is relative, but less money into. So I'm willing to take more risk with trading. Like I'm going to trade different options on companies. That's just me, that's my, that doesn't mean that that's right or wrong. But I'm just saying for me personally, Right. Like it takes a long time. It takes a long time to get rich.

[Rashad]

Yep.

[Ian]

And you can't blow it.

[Mike]

It takes a short, it takes a short time to blow it. Now if you don't remember anything I ever told you in life, remember that, because that's a fact.

[Rashad]

He said less is relevant, very important.

[Ian]

It's true.

[Mike]

It takes a long time to get rich, but it takes a relatively short time to blow everything.

[Ian]

So I said you can't do all three out of the sense. Your swing trading account should be even for futures traders, your swing trading account should be different from your intraday. Your intraday should be different from your micro, different from your retirement. If you're doing options, those have to be separate buckets because you don't want contagion all in one portfolio. You cannot risk it and it's too hard to get up and recover all those losses and be rich again if you lose it.

[Rashad]

Yeah. And you can, that, that's another thing that we, we should talk about probably is like when you're hedging. Right. So I, I talked about those two companies earlier and I'm like, all right, well if number one, they're number one and number two, who has the lead, who's the more dominant? All right, well we're going to put a little bit more into this position than we are into this one. We still invest in both. It's like Nvidia and amd.

[Ian]

Right.

[Rashad]

If you look at my portfolio.

[Ian]

Far.

[Rashad]

More exposure to Nvidia. But there is exposure to amd. Right. Allocation for both. But, hey, I'm going. This horse looks like it's going to take off and lead. We're going with this one. We still have some representation over here, just not as much. But, you know, that could change. And we got to change allocation.

[Mike]

And then so also, if you look at it from a standpoint, because you. Somebody could say, okay, well, if you start a company in 18 months, you become a millionaire. Well, that's relatively a short period of time. That's one way to look at it. But I have to look at it as a long time because it took you 40 years to get to that point. Everything in your every. Everything in your life prepares you for the moment that you're at. So even if it looks like quick success or you started something. It was a year. Yeah. You're 35 years old. But I don't look at it as it took 18 months. I look at it like it took 35 years.

[Ian]

Your whole life. Yep. And lost relationships and sleepless nights and insomnia.

[Mike]

Yeah.

[Rashad]

That. That's the. The average age of somebody getting their first million. I think it's 37. Like 30. 30.

[Ian]

Because it used to be like 54.

[Rashad]

Yeah.

[Ian]

12, 13 years ago.

[Rashad]

Yep.

[Mike]

And for my son's account, I'm conservative, too. I don't really have too much.

[Ian]

Yeah.

[Mike]

I don't really have too many. I got very high. Yeah. High wind probability stocks. Not. Not a lot of risk in that for his portfolio. That was a question. I saw somebody in the chat X as well.

[Rashad]

Darcy. I don't have rigidity in the portfolio. I said if I was going to invest in a Quantum.

[Ian]

Stop.

[Rashad]

It would be that Quantum stock. It would be that. I. I didn't though. Yeah. It's just not time. I said it's not time. It's not time. There's too much other things that are happening and more opportunities that. It's not time.

[Mike]

Amazon and Palantir had a slide.

[Rashad]

Yeah.

[Mike]

What is the deal with Amazon and Palantir?

[Ian]

Am I logged off? Alex Karp, can I please speak natively or positively about your company? Please? My brother.

[Rashad]

They try to kick you out of here?

[Mike]

Ian. Ian has lost signal. Mike. Maybe we could just go full. Maybe we could just go full screen until Ian gets a signal back. Or maybe not so.

[Ian]

But can you guys hear me or. No.

[Mike]

Hey, we just can't see you. So, Mike, can you. Can you make this a full screen for us until Ian gets signal back?

[Rashad]

Okay, now mute yourself.

[Mike]

All right, Palantir, nice. Mike, mute yourself, please. Palantir. Ian, can you mute yourself?

[Rashad]

All right, Perfect.

[Ian]

All right.

[Rashad]

Yeah. So what has happened? It's very similar to the story that we've seen a lot with the Mag 7, specifically the hyperscalers on that Capex spin when we're talking about Amazon. Like I said, Meta has figured out the way to say, how are we going to monetize this? Yes, we're going to spend more. Yes, we're going to spend more, we're going to build more, but how are we going to monetize? And Amazon has kind of gotten away from that a little bit. Yes. E commerce was the thing. When we talk about cloud storage, that was the thing. We didn't see growth. What we saw was them staying steady. And sometimes staying steady is not advantageous for people who. Investors. Right. When we talk about future guidance, people love to see a growth or at least a future growth rate. And so we saw that happen with Google. When they reported in their cloud service, they went from a 38% growth to from 39 to 38. Amazon, something very similar. And so we saw a pullback. Now, again, the catback story, it is a story and we shouldn't sneeze over it. But when we're talking about expansion, would you rather overshoot or undershoot in this position? And I think the clear sign from all of the hyperscalers is that we'd rather win and we'd rather overshoot. And so that is the story with them. Palantir, a little bit different when we talk about valuations being out of control. This is one of those companies, if you look at their multiple, tough to explain. What did they see over the past year? We saw growth. We saw a lot of positive sentiment around the company. We talked about AI, we talked about Defense AI and how it was going to change the way that we. We look at defense going forward from an international standpoint, from a. From a national security standpoint. And so again with them, have they seen growth? Yes. Has the growth been steady? Yes. Has it been blockbuster? I don't know what blockbuster is going to look like anymore for them because the government contracting is a large part of their revenue. Palantir just Palantir now. Yeah, it is a large part of their revenue. Has their consumer side grown? Yes. How much further can it grow? These are the questions that you start to come to light when you're looking at, hey, that valuation is really. What's their multiple in like something in hundreds.

[Ian]

Yeah. Which is in the same overvaluation for.

[Rashad]

Everybody in that category. It's not even close. And so now it's like, if we're going to expand and we're going to spend, what are our margins going to look like if we don't grow at the same rate we did over the past 12 months? These are some serious questions for Palantir. Will they be here for sure. What will the growth look like? That is the question. How. How much of the technology can't be. How much of a moat do they have around defense tech technology? Right. Like you've talked about companies that haven't IPO'd yet that are innovating every day. And I'm sure there's 50 to 100 more that are on the cuffs of saying, hey, we've got something, we've got something. How will they keep a motor around that? How will they keep their competitive energy? These are things we gotta watch. Do I think Palantir will be here long term? Absolutely. Amazon obviously, you know, is one of my favorite companies of all time. I'm not worried about them, but this is why we're starting to see that slide.

[Ian]

Alex Karp, I won't say anything negative about your company since you killed my camera and I don't want fentanyl lace urine to be dropped on me. As you said in your interview with Andrew Ross, working. So I will tackle Amazon. Amazon down 17%. Worst month since 22. There's two big issues here with Amazon or three. One is negative cash flow. Two low profit margin has always been an issue for the company and unfortunately they don't have a a caliber chief executive at the helm. You need a a caliber chief executive at the helm if we're going to enter. They won't say recession but let's say economic restructuring or short term collapse.

[Rashad]

May I?

[Ian]

Go ahead.

[Rashad]

Three weeks ago I asked you about the performance of Andy Jassy and it's good. But because the performance, the performance of Amazon since he's taken over. Yeah, I mean it's almost flat at this point.

[Ian]

Yeah, it's good. See like also too an executive leadership in any position. Sometimes some shoes are too big to fill. Like Tim Cook was probably in modern era. The only way the only CEO in modern times who replaced the CEO as grandiose to Steve Jobs and did a great job. Now they also erased the image and likeness of Steve Jobs out of HQ to do so. Some shoes are too big to feel. I think he's done great because they've always been a low profit margin business. But then when you spend 650 billion on AI that gives you concern and you have to spend it to keep up. When you have an open AI that can be the darling and anthropic to be a darling. This Claude bot just got bought for a billion manus integrated into Meta, you have to spend. But from an investor's mindset, if my metric is to get 5x out of every dollar deployed, how are they going to get 5x out of this spend? I don't know. So it's going to give you some concern if the margins are low. At least when Nvidia is doing this, they have really wide profit margin. So you can absorb some of those losses and say, okay, in two years or three years I can see how we can get a return. Amazon's profit margin I think is like 3.9%. Very troubling to say the least. Yeah, it.

[Rashad]

Well, you know what the interesting part is, is that Amazon had a 200 billion dollar quarter which is think about that $200 billion quarter where we know companies that aren't even worth 200 billion. Right. Like we were celebrating a couple years ago when Amazon was the first company, I think Apple did it in the same quarter to have a hundred billion in a quarter. Three years later, here we are at 200 billion. So revenue is still being generated. Yes, the spend is very high, but they live in a unique space. Right. The cloud service we already know about, they'll be in healthcare. I think they did something interesting with. They cut off all their fresh marts. Right when we were talking about that's going to be. There's not even people in supermarkets. That's going to a completely Whole Foods model. So they are making changes. I think their business will be. They'll have a lot of disruption because of AI, but I think wanted disruption. Whereas they don't have the same amount of workforce because their technology, they're spending, the technology will now help enhance the bottom line. I think that's where Amazon's headed and.

[Ian]

They have a morale issue. Like Jeff, even though he was a numbers guy, he was able, at least in public sentiment and public institutional relationship, to be warm enough to make Amazon feel like it was a place you would want to be. Jassy is all numbers, all excel. So it's a colder approach and I don't know at a time when there's so much unrest in the world, if that's the right way to go. Tim Cook is the same way, but he also took over Apple when we were into an economic upswing due to quantitative easing that is not there. So even though we're spending the money that the debt is higher than ever, I just think we need stronger leadership. But the tough part is not that many candidates want that job. So got to get the spend under control.

[Mike]

So Palantir, any commentary?

[Ian]

Shout out to Alex Carp next week. Tune in next week when I give my insight on why Palantir but also if we're going to be very honest, you can't be anti ice and pro pair. Pick one.

[Mike]

I don't think anybody I don't think anybody's pro pair.

[Ian]

Put put in chat Put yes in chat if you pro paler Some people have come up to me and be like we don't give a about none of that as long as I get.

[Rashad]

My paper.

[Ian]

Until it gets your grandma. Okay, gotcha. I I hear you. I hear you.

[Rashad]

There was there was an alleged leak of files from Pound did you see it? Okay, well I'll stop there. I'll sell. Okay. Yep.

[Ian]

So yeah, Alex and Peter been quiet ever since allegedly. So yeah, it was interesting. And yeah, you have to wonder if that leak happened why and who initiated it? A company with that much value and so much sensitive information about geopolitical issues and missions currently going on. How did the how did I get leaked over the weekend?

[Rashad]

Yeah, I think the face recognition is like low hanging fruit from what I read. Yeah, allegedly I read. Yeah could have heard it somewhere on the podcast somewhere.

[Mike]

For the brother that asked about the Are we going to talk about Robin Hood expend into Robinhood venture funds? Watch the episode that we did with Vlad 10F. We did the episode with the CEO of Robin Hood for Leisure amongst amongst other things. Gives good insight and it's directly from the head of the company, Ray Dalio's latest article.

[Ian]

If you guys haven't had the chance to read it, I put in Telegram and stock club but essentially we are entering the sixth phase of the world ending. Wow, this is an interesting tale and I like Ray Dalio. We are in the crisis phase, etc. Some of it is potential fear porn. But the points that are interesting we already went over Federal debt is 120% of GDP. The new norm will be 200% which is very alarming. The phase that we have to worry about is how much money are they going to print if we go into a full recession if it's announced and then also I wonder for the cloud companies, because of AI. How much longer will companies have all this information in the cloud and put their IP at risk? I know it's not talked about in a retail space, but on an institutional side, there is a huge conversation going on right now about offboarding information and having closed networks. So there's just a couple things that can happen at one time. But the truth is like globally, because of the whole MAGA agenda, there's been gross mismanagement. Like Doge came and went. I ain't seen a Doge dog on Twitter since they shut that department down. So the seventh phase is like the beginning of the crisis. But I think if you've been watching the show for the last three or four years, I think you were already aware of that. But get ready book if you want to know more insight about it. And both of the books are great.

[Mike]

He's a good Instagram follow. If you follow him on Instagram, he always, he always has very detailed post, animated posts about falls of empires and debt crisis and, you know, why America is on a decline. Like, he, he explains it, he explains it pretty thoroughly.

[Ian]

Yeah.

[Mike]

So yeah, if you're interested in following him on Instagram.

[Rashad]

Is it, is it a loss of power or is it a shared power of, of what?

[Mike]

America?

[Ian]

Yeah, no, we lost it.

[Mike]

Yeah, it's a loss of power, I think.

[Rashad]

Yeah. It's like you can look at it both ways, right? If we lost power and we share power, then we've lost power.

[Mike]

You're only winning a loser.

[Ian]

There's no in between.

[Mike]

There's no in between. You either winning or you losing. And anybody that tells you differently, they're a loser, You know?

[Rashad]

You know, when we speak about sharing, it made me so I, I was like, china, us, China, us. But something is happening this week that I think is important. I think everybody should pay attention to. There is a AI summit that has taken place in an emerging country, the India AI impact summit of 2026. And so we've spoken about India plenty of times, most importantly around Apple, saying this is going to be a territory that we can now expand in if something happens with our relationship with China. But this is the first time that a major AI global summit will be hosted in a developed nation. In a developing nation. But the people who are attending is what really caught my attention. You have Sundar Pajai from Google, Sam Altman, Jensen Wong and Dario from Anthropic and Demis from. From Google's DeepMind.

[Mike]

Would they be considered a developing nation or developed nation? I Think India is a pretty developed.

[Rashad]

Well, they listed as developing. It could be. I would think of it as developed, but yeah, that's how they're promoting it as, as the first time. Which is interesting.

[Ian]

Right.

[Rashad]

When we're talking about workforce, when we're talking about large sums of people, when we're talking about labor. It's interesting that they would hold the summit there and have some of the most in people in tech there. This, there's something, there's something like when I'm starting to paint pictures and the stories, something's happening. Right. Like first it was two years ago, it was Apple and hey, we're going to build our first factory here. Oh, we're going to build our first headquarters here. Now you're starting to see more CEOs go, you're starting to see more events happen.

[Ian]

It's a combination of capital raising, talent acquisition and then tapping into new markets. Because if we're going to be very honest, America's saturated.

[Rashad]

Yeah.

[Mike]

I mean they have a billion people. They have probably outside of China or maybe tie with China, the most tech geniuses. As far as those people that's coming to Silicon Valley and contributing on the H1 visa form, they have a, probably the fastest growing middle class in the world. So they have everything. They have everything going for themselves. They have a billion people.

[Rashad]

Yeah.

[Mike]

Like what else? And they have a growing, and they have a growing, they have a growing population and.

[Rashad]

But that's been the case for the past 20 years. It's just the past five. And I'm glad somebody put the word emerging. Emerging market is probably more fitting. Emerging market. The past five to six years we've seen a more concentrated effort obviously probably because of our, some of the conflict and disagreements that we've had with, with the Chinese to now find a market in the region that said, all right, this is somewhere that we can now expand. I think the timing of is very interesting.

[Ian]

Also in scary international news, did you see that Norway now puts a 36% tax on unrealized gains?

[Mike]

That's crazy.

[Rashad]

Unrealized.

[Ian]

Unrealized. But I had to triple check because my thought is if they'll do it in a nation like that at some point.

[Mike]

Test.

[Rashad]

That's a beta test, right?

[Ian]

Absolutely. Interesting.

[Rashad]

I always wonder like how, how when more people get brokerage accounts and more people are making money in the market, how will they deter people from investing? That's like that on unrealized gains.

[Ian]

Yeah.

[Mike]

Well, why would they want to deter people from investing?

[Rashad]

I'm saying when people hear that if there's a 50 unrealized gains tax, would you say like I want to open a brokerage account tomorrow?

[Mike]

Well, why would they want to? It's more, more money people have, the more beneficial for society.

[Ian]

For whose society though?

[Rashad]

That was that, that was. You just said my point.

[Ian]

I mean it's like you have the depopulation agenda, right? There is also a desire to strip wealth and freedom from citizens. If you believe the theory that there's a hundred families that run the world. Technically, allegedly.

[Mike]

Allegedly.

[Ian]

Oh, so.

[Rashad]

Two to three years. We gotta get it now, see, let's get it now. Another day. Let's get it now.

[Mike]

This is, this is, this is a very important topic. How to improve stock picking and entries into, into stock positions.

[Ian]

The stock picking part is easy. Listen to the show chatgpt, Claude. But some of it is just. I talked about it in D.C. obsession. Like if you're not looking at the market and studying the market because people say, what do you study? Read everything on cnbc, Barron's, every investment site that you can. You have to love this game. And it is a game. Investing is a sport, it's a game. And either the passion is there or it's not. As far as entries. 72 EMA, 200 EMA, 400 EMA, and if you go look through the Dow, the Bovespa, the German Dax, you look at all international markets, you go look at the Nikkei and go look at 2 to 300 charts a day and see what happens when they touch those levels. You'll be fine. But the truth is you don't need more information on what to buy or where to buy it. You're not in it enough, not to the person in particular, but for a broader conversation. If you haven't got your edge yet, it's because you're not doing it. It's the same as like we talked about creating content or investing or trading or being a great doctor. Like there is no two hour shortcut to be great at anything in the world. Shout out to Tim Ferriss in four hour work week. Tim Ferriss still works 60 hours a week. There are no shortcuts. So the 72 EMA, the 200 EMA, the 400 EMA are amazing buy zones on longer time frames if you're looking to get in. But you need to stop trying to stock pick and be incredibly proficient at deploying capital at the times when you have triage the most in the market, like last April, like the one that is coming up this year, and using those levels but you're, you're not putting enough time in.

[Mike]

And then also it's the 20, 30, 40 rule too. That's the easy way. You see something down 20% if it's.

[Ian]

A good investment, it has to be a quality company. Yep.

[Mike]

See it, see it down 10%. That's a good. Okay, you might want to, you start, you start entry 20%, you definitely 20% good. Entry 30%, you gotta be okay, like very elated and put some level of substantial amount of money. You see 40%, I think you got to go all in at that point in time. Because even if it, even if it go, it's not a good investment. Not going to drop 60% unless it's Bitcoin. But it's like Apple's not going to go down 60%, we all in trouble. So you see 40, I mean, you gotta, you gotta. Yeah, that goes back to what we said last week. As far as 52 week low. If you see a good investment and it's going on is that it's at its 52 week low. Gotta take advantage of it.

[Ian]

If it's a quality company.

[Mike]

Only, only invest in quality companies.

[Ian]

Yeah. For all y'. All. Who's big on beyond meat. Pause. It's almost over. It's almost over. Certain things are just common sense. Like if you don't have a huge swath of people buying the product, why are you investing in the company?

[Mike]

And we will do some Q and A in a couple minutes, ladies and gentlemen. Stay tuned, stay tuned for the Q A segment. We'll do a couple minutes of Q A later. Anything you want to add to this?

[Rashad]

No, I think you guys covered it. I think the, you know, that's part of that investing plan where it's like, what's my threshold? Is it 20? Is it 30 if it's in the options market, is it 30? Is it 40? Anytime you buy a depreciating quality asset, the return is going to be greater. Like we're not just telling you just because it's like, hey, we heard it somewhere. No, like this is actually what we are practicing. This is how you see a thousand percent return. This is how you see a 2,000%, 3,000. You're buying it when it's depreciated. You understand it's a quality company and you're gaining on the appreciation of that asset over time.

[Ian]

And once again, for your long term, you only need four good quality companies. Like in your relationships, you only need one good person. Just select four great companies and get a whole bunch of shares Some of you want shout out to one of my guys I just messaged you he had I think 18 stocks in his portfolio. What should I do my cut it to four. What I'm telling you privately is no different than what I'm telling you publicly. Even in what you're trading Master 4 futures. It's really hard y' all tried in your personal lives I saw some of y' all got caught up this weekend. It's really hard to manage 12 extracurricular activities. 4 things to trade in 4 long term hold for 10 years minimum ideally 40. You can pass them on to your kids or whoever you love and be okay. The issue comes in overtrader. You saw it in the all Star game when it's time to get a bucket Brian screen go to Kawhi Certain companies are going to move the GDP and if you're not invested in them you're going to miss out on a lifetime of gains.

[Rashad]

Yeah and I think we know those companies. I think it's very clear who those companies are going to be.

[Ian]

The next dance is to figure out how to get a thousand 2,000, 5,000 shares every year or two to get to the baseline of having 10 or 12,000.

[Mike]

Yeah I mean that's, that's definitely what it. Yeah you that's one way to do it for sure. Put focus on trying to put substantial amounts of money into relatively safe bets.

[Ian]

Yep.

[Mike]

Or you can put little amounts of money into more high risk assets but yeah you know depends on.

[Rashad]

What's your threshold.

[Ian]

Oh but even with that I'll be honest even with AI with your trading if you have if you got a subscription to call all by I'm not Affiliated or Chat GPT. I talked about this at Invest Fest. Use the AI to increase your win percentage in your trades 100 Use the tech like build you a bot or an algorithm that's the main reason I built that supercomputer in 2021. Let the technology do the work for you but after you have these big wins you still have to take the debt capital and put it into a longer term asset to hold it.

[Mike]

And you got to tell the chat GBT I don't know I think chat GBT is still better than because I've been using Claude and Perplexity and for some things I got a better response with Claude. I haven't got any great response for Perplexity to me the overall I, I still think Chad GBT is better than using Gemini too. Not really using Gemini that much Gemini.

[Rashad]

Gemini is the most accurate Claude has. They test. They better tested this this year thus far. I think Claude is performing the best in terms of investing. They gave it how to create its own portfolio, which is interesting because I've always used it. I think. Were we in 20 wherever we did Market Mondays Live in Chicago. I was saying, like, yo, I'm using Claude right now. It kind of wasn't a real popular thing. I was like, yeah, I'm. I'm feeding it. Because at the time it, it could take spreadsheets.

[Ian]

Yeah.

[Rashad]

And it, it could summarize before Chat GBT could summarize like spreadsheets. Claude was doing it. I'm like, yo, this is going to be perfect. I can just use this. It's going to save me a lot of time. But I feel like when, when they give. When I prompt it, the response comes back so much more super detailed. Chat GBT is pretty. Is really good. I'm not even knocking. I use. I use that too. I think, Claudia, just when it's like the nitty gritty. Like at this point, it knows what I'm looking for because I've been prompting it for so long. It has an idea. It understands my story. Like, it knows the story. I'm the theme I'm staying with. And it just kind of prompts me and tries to get. And sometimes I'll take the Chat GBT prompt or the information and I'll throw it in there too. So I mean, the, the reality is, look, you got to use it straight up.

[Mike]

I mean, you got. But you also got to prompt it correctly. And then like, that's the same Chat GBT is like, it has memory. So it'd be like, okay, going forward, this is how I want this. You got it. Because if not, then it will repeat the same mistakes over and over again. For instance, little things like you copy and paste it. Then when you, when you put it is bold. I use chat GPT for text messages sometimes.

[Ian]

Me too. That's one of my favorites. Thank you.

[Mike]

But if you. But if you. But it's all. It comes out as bold. So you got to tell Chad, gbt. Have it under. Have it not be bold. And remember that. And going forward, never have it.

[Ian]

Yeah.

[Rashad]

And say thank you.

[Mike]

You should always say thank you.

[Ian]

The.

[Rashad]

First sentence that you said.

[Ian]

Yeah, it has a.

[Rashad]

What memory.

[Ian]

Yeah, what. Whatever LLM you use. The more data you upload to it, the better it's going to perform based on how you prompted. But you need a, like a lot of data to upload to it. To learn you better.

[Rashad]

Now imagine if it could.

[Ian]

If you.

[Rashad]

Every day you prompted it and it didn't remember, what would be the point of it? Which is why the memory story makes more sense. Because you're one person. You're probably using it every day, maybe a few hours a day. Right. And there's an amount of coins that it takes to do that. If he has 800 million people using it, how much memory do you think is needed just for chat gbt, let alone Gemini, which is going to use. Like they said, they're going to use TPUs, but let alone think about that memory story now.

[Mike]

And somebody said, are you using the free or paid version for these? Me personally, I only use pay.

[Ian]

Yeah, I'm doing.

[Mike]

I was taught early. As far as you know. I read the book 48 Laws of Power and it said, despise the free lunch. I don't want nothing that's free. If there's a paid version, I would never get a free version because I understand that the biggest investment that I can make is into myself. And I want the highest level performance. I'm not trying to save $20 to get. I want the highest level.

[Ian]

Yeah.

[Mike]

That's what I learned early. Invest in yourself because if not, you're going to lose a lot of money by trying to save money. There's a lot of people that don't fully understand that. That's why me, I don't cut grass. I'm not painting. I don't know how to hang up. I don't know how to hang up a picture.

[Rashad]

I don't know how to do all those things, man.

[Mike]

But what I'm saying is that it's.

[Ian]

Not the best use of time.

[Mike]

I never got paid for that.

[Ian]

Yeah.

[Mike]

So I'm not going. I'm not going to even think about. I'm not even going to think about that. I'd rather pay somebody to do that because I need to focus on things that's going to actually make me money. Some people spend their whole day trying to figure out how to put up a bookcase and can't pay their cell phone bill.

[Ian]

Yeah. Return on time and capital on what.

[Mike]

Pays at a high rate, by the way. Not just what pays at a little. Focus on what pays at a high rate. You'd be surprised how many rich people can't do anything. They know how to make money.

[Ian]

Facts, Terry. We not too rich. This has been my blueprint since 2010. You have to. You only get a certain amount of time in life to master something you've never seen Kobe cleaning the gutters out. If you want to be best in the world, you have to focus your time on being the best in the world. Because we're fighting now. Everybody buying up the the Mac Minis to. I just saw a startup buy 200 Mac minis to replace a thousand employees. I don't want to know how to unwind a Kirby vacuum. It don't matter. Can you be 100 out the market when you want to or no. Sorry.

[Rashad]

I've done all the things listed and there is truth to what y' all are saying. I've. I've cleaned gutters, I've built closets and I've built anything you could think of. I built hung tv. I've done it all. And there's nothing better than just somebody doing it right.

[Ian]

Facts the first time.

[Mike]

Yeah, it's one of these things, man. Focus your attention on cut the grass and all that page. And I'm not even trying to do that like somebody like Acts of Services is.

[Rashad]

Well, well, yeah.

[Ian]

How about that, Rashad?

[Rashad]

I mean if you like doing like some people like doing that. Some people like doing those things.

[Ian]

Some would say we have to learn how to serve to get love, my brother. Tune in Wednesday.

[Mike]

Tune in Wednesday.

[Ian]

The Blackout.

[Mike]

Blackout. The Blackout hour.

[Ian]

Yeah.

[Mike]

Before we touch on the last topic and we are going to do Q A at the end of the show for anybody that joined late Troy's options classes this Thursday, 7 o' clock at 7 o' clock Eastern Standard Time. Speaking on focusing on what's important. Speaking on investing in yourself. That's actually right up the alley. EYO University. 30 slots and 30 slots only. We are doing a five year access. Five year access to EY University. Breaks down to $500 a year and there's actually a payment plan for it as well. 30 slots. 30 slots only? Yes. Get rich or die trying.

[Rashad]

That's a good question.

[Ian]

Speaking of acts of service fellows, some things you can't outsource.

[Mike]

You can't outsource it. Yeah. Hey, some people, they try to. Go to eyouniversity.com what you think of Pfizer stock.

[Ian]

I bet, I bet Michael Jordan play yo.

[Mike]

Oh, blackout.

[Ian]

Is it time to cancel or.

[Mike]

No, no, no.

[Rashad]

I'm. I, I just.

[Mike]

Blackout. Blackout. It's called. I don't even.

[Rashad]

I don't even know.

[Mike]

Blackout.

[Rashad]

Congrats to the team that won though.

[Mike]

Blackout.

[Rashad]

The Daytona five.

[Mike]

Some things we gotta reserve the other stuff. Some things we gotta reserve a blackout. But go to eyuniversity.com.

[Rashad]

Whoa.

[Mike]

First 30 slots are available.

[Ian]

Q&A.

[Mike]

Let's do Google's 100 bond and then we'll do the Q a. Oh, okay. 100 year. 100 year bond.

[Ian]

100 year bond. This is normally a sign I don't like. Let's do a deeper breakdown of it next week. I'm not as concerned and historically, just because someone has issued a bond, maybe if this is an Apple, I would be way more concerned. To be very honest, if it was Disney, I would be way more concerned. Finito. Right. If this is DraftKings.

[Rashad]

Oh, over. No, it's over.

[Ian]

But I think Google is so primed for the next three or four years, I wouldn't have as much concern. But I think it would take more than three or four minutes to go over. So I would like to cover that.

[Rashad]

Yeah, that is, we have the money, we want to have the capital now to help pay for the things that we, we're going to spend on.

[Mike]

Yeah.

[Rashad]

Simplest terms. But yeah, we can go over it in more detail.

[Mike]

Let's do a couple minutes of Q A. So far, somebody in the, in the in chat had asked about Sofa.

[Rashad]

Yeah, I'm gonna do a breakdown on it. I'm gonna do a whole thing on it so people can. Because I get asked that question a lot. So far. So far.

[Ian]

So far it's probably the number one question.

[Rashad]

Yeah, the obsession with SoFi is very interesting. I'm like fintech. Okay.

[Ian]

I did the premise, but yeah.

[Rashad]

Opportunity is what I'm looking at. This is. This is a really. This is Millennium. Investor asked, do you believe Caterpillar or GEV to hold for 10 years like we did? Lily, it's a really good question.

[Ian]

It's a great question. Easy answer. Yes for Caterpillar. Caterpillar was a great company before AI.

[Rashad]

Caterpillar was a great company before AI. It's a Dow 30 company. AI. I always talk about when a company can see where the future is headed and can pivot and make profit timely. Can they see where the future is headed? Can they see what they offer? Can they pivot, make profit, generate revenue from where they see the future? They've done that with the turbines. They understood that they had the infrastructure to do it. They figured we're going to need energy at a fast rate. How can we get these things online in. In the fastest way possible? Those turbines actually couldn't have happened at a better time. I think that story doesn't change. Caterpillar was a great company before. Then it'll be great company. GEV will be a company for sure for the next day. I thought you were going to start with that, man. They just expanded again and when we covered them maybe in November, I talked about the reason why I love them as a leader in terms of the AI energy play is because they're international exposure. Right. They're not just a US Thing they were talking about in Saudi. They're expanding throughout the world. They're ahead of the game and I think they're going to be the leader. I think they, they've already shown to be a clear winner thus far in the race in terms of AI energy efficiency. I think that doesn't change. I think they just expand on it and people will be watching how they did it to then say okay, how do we partner with them? Because they're going to be vital in, in this space. So I like both of them for 10 years.

[Ian]

The interesting part about G Vernova though, even from a price and a mathematical like price dispersion modeling scenario, they don't go up so much like how Palantir may have shot up a certain percentage and you're due for a pullback. The July quarter went from 493 up to 668. Following quarters 541 up to 709. And this quarter went from 618 to a high of 846. So it's not like the probability of math is so high. It's not like they went up 900%. So you are overdue for a correction like MicroStrategy did. Even just on a price basis. They have done a great job at steadily increasing and not so much so where all the asymmetry is going against you. So yeah, G Renova and Caterpillar are great but on a price discovery side, Renova's done a great job of giving great gains but not so much where it has to peel back and draw down 40 and 50% at a time in the quarter.

[Rashad]

Very, very similar to having a mother company and then branching off. Right. So ge but we watched this with Western Digital and Sanders, right. Like hey, we have, we have this vertical inside the company. Let's have it its own IPO and both have turned out really well.

[Ian]

Yeah, it's worked well.

[Rashad]

Yeah. Good question. What else we got? Can I'll give you a call, I'll give you a quote and then you answer the question. What will you do if you continue on this debt trajectory? Oh, we'll just refinance the debt. Well, what if it gets to eight I don't think it'll get to eight. What? And we don't see it getting to zero. But, you know, we'll refinance it. Will there be banks that will be willing to do that? I'm sure, yeah. Mike, that's Michael Seller on cnbc.

[Ian]

What?

[Rashad]

Think it's a buy right now?

[Ian]

Not my favorite commentary. I mean, if anything, you get into a place where, I mean, it's dropped 75%, maybe at 83 if you never were in it, but a lot of you were in at 250, 270, 310. And I've screamed this and everyone said I was crazy. You can have a great asset, but refinance it or restructure the debt horribly so it doesn't go in your favor. And also I keep saying Michael has a set of enemies that are incredibly tough to beat. So.

[Mike]

No, the average consensus price Target is still 400. So.

[Ian]

He, he has to change some things in how he's leading this charge. Once again, if you're putting a thousand or five thousand in, if you are a liquid millionaire, are you putting $700,000 in at 271 or 407? It would be a mistake if it drops a little. Like even now it's at a good price because it's 75% off from the high. So 135.90. So it depends on percentage of net worth that you're putting towards it. And I told stock club this last year, like our load to boat price, I won't say, but it was somewhere in this area and it was this price last summer. So it's just really about where you want to buy the asset. I think he'll be fine, but he definitely needs to buy at better prices and not as have so much debt as we're going into an economic collapse. But what do I know?

[Mike]

Somebody said, Ian, why no mention of Apple getting qai?

[Ian]

Because it's not a significant enough development in order to. To move the needle. It's a great start, but it's like, I'm sure at some point Ronnie cycling was a great addition to the Miami Heat, but Ronnie cycle was not getting them to the finals. It was like you're make okay. Even at the Siri update got delayed. From what I got told, it's going to be delayed to July now. Supposed to be out next month. So it's a, it's a decent addition, but it's not the piece. It's not a generational talent. It's not Giannis. It's Not Lucas, not Jokic.

[Rashad]

QAI specializes in facial recognition technology.

[Ian]

Why they could have bought the Claude bot. Apple man. Historic misses in every area. Yes, I know the revenue high, don't y'.

[Rashad]

All.

[Ian]

Don't give me a spiel. I'm talking in AI. Miss after miss.

[Rashad]

Yeah.

[Ian]

Then you. The liquid glass. Not bad. Shout out to the team who worked on that. But it's just miss after miss. And for those who like. Well, they're normally a laggard. The one thing I will say, they haven't done so much capex spend that the return on investment thesis won't be able to be delivered upon. But I hate that they haven't deployed the right capital to acquire the right people at the right time. That is neat. Like they would benefit the most from the ecosystem. But it is what it is.

[Mike]

Vrt.

[Rashad]

Yeah, everybody's bigger. Brt. I mean they, they reported, they blew out earnings. The future guidance was great. This is a company that we talked about especially and we should probably post that picture. When we were inside of Nvidia and they, they showed us the actual rack. They showed us Reuben and they. I remember pointing, I'm like, yo, you see that copper over there, right? You see those tubes that surrounded Even we went inside the garage. Like that's what Vertive does, right? Like, if these gpus don't stay at a regulated temperature, they will not function. And if they don't function, you won't be able to have your prompts like none of that will work if there's not liquid cooling as of now inside of those racks. And so Vertiv is one of the companies that provides liquid cooling. They beat their. I think we're in. Let me check right now. I'm gonna look at the portfolio really quickly. We are in, man. We're in. The 135 call for next January. Yeah, we. We smoked that one. Yeah, that's a, that's a 250 percenter. Yeah, we. We've been inverted for a while. We've been talking about it for a while again. When you understand the story, it becomes very clear if they're saying that, hey, we're going to put 3,000 racks inside this data center and they're going to be with the GPUs, then we know that that company is going to have revenue. Why? Because the chips need to be cooled. So yeah, shout out to everybody that was in vrt. It was a great one. Until we hear new technology. I know Microsoft was saying that they're going to actually have cooling inside of the chip itself and won't need liquid cooling operations like what Writer provides until then. Yeah, it's a company that is definitely going to be needed in the functionality of the AI data center story.

[Mike]

All right. It's been real.

[Ian]

Yeah.

[Mike]

Anything else we need to talk about?

[Ian]

Somebody asked what do I think about the single stock features that will be coming out to be traded later this year? The volatile ones are going to have way more volatility. You're going to have to practice. It's not going to be easy, but I think it's a brilliant way to get exposure and not be left behind because the futures market and options market are definitely competing and with all the innovation that's coming out of options, I can see the futures market trying to push forward, but it's going to be tough. Get your practice trades in order for sure.

[Rashad]

Yeah. We talked about games earlier. They'll be reporting tomorrow. I would be watching that if you're interested in that story. I'll be watching that. See if they pull back. Obviously that news was synopsis. Getting the Nvidia contracts. We'll see how it impacts the revenue and the future guidance for Cadence. That'll be interesting. We haven't talked about cyber security in a while. Maybe next week we'll talk about it because that's been taking a hit. Palo Alto reports tomorrow after close. We got after close on Wednesday we got Doordash Carvana, Coke booking, which is one of those ones that just keeps running after close on. Well, we got Walmart Thursday. That's a big one.

[Ian]

Hello.

[Rashad]

Yeah. Yeah. Walmart will be their wayfair. So we got Etsy, some of those. Those we. I guess we can't call them pandemic stocks anymore. And they had a nice run. And then Open door. Open Door is interesting. Everybody has. I feel like there's so much, so much talk about open door. They haven't really done the. The deep research inside it. I just keep hearing the name being brought up. But they'll be reporting on Thursday after close as well.

[Ian]

Yeah, good CEO like, great mind. Tough category to be in. Tough category to be.

[Rashad]

And then we know what next week is. Circle the 25th, y'.

[Mike]

All.

[Rashad]

Y' all know what time it is. Nvidia will be reporting on the 25th.

[Ian]

Juan Shot asks who I. Who do I learn futures from? Your own discipline. But if you on this show asking that question. But you're going to learn from your own discipline. So lock in next 90 days. Don't miss a day.

[Rashad]

Yeah. So Nvidia and Synopsys will report on the same day aftermarket.

[Mike]

All right, guys, next Wednesday it's been real. Make sure you Watch blackout at 9 o' clock Eastern Standard Time on Wednesday. Make sure you check out Earn your leisure on 12pm Eastern Standard Time. On Thursday we got Mark Barnes, owner of park in dc. Number one club owner in America. Go back to the love the love days in the. In the early 2000s, man. Sheesh. Club love. Good club. That was a good club for sure. And take advantage of the offer. Eyuniversity.com 30 slots available. 5 year access choice options. Class is on Thursday. My financial planning class is Thursday. Tomorrow. We will see you guys in a couple days. Make sure you tap in peace.

[Ian]

Stock up. Call tomorrow, 9pm Central. Be there early. Love y' all over and are we being toxic on Wednesday or.

[Rashad]

No, no, no. Toxic Wednesday, man.

[Mike]

Toxic doesn't.

[Rashad]

Ramadan starts Wednesday.

[Mike]

My last day. I could be toxic for a little 30 days. I got 30 days of non toxic behavior, yo.

[Ian]

So yeah, so we gotta end this show with a bang. And then we're gonna go into the calm part of the season. But there's the last one though.

[Rashad]

I'll be the hood, eating with my dogs. Like when we break fast.

[Mike]

Yes, for sure. Ramadan, Mubarak, all those that participate. But yeah, Wednesday might be my last toxic rent. Feel free and carry the torch.

[Ian]

If you're interested, please, I'm Kawhi. Gotcha.

[Rashad]

We are vastly approaching Pisces season. So you. You have now put. Been put on notice.

[Mike]

Pisces season we are approaching is almost here, man. Shout out to all Aquarius out there. Shout out to my nephew. Happy birthday.

[Rashad]

Happy birthday. Yes, yes, yes.

[Mike]

Birthday was yesterday.

[Rashad]

Yep.

[Mike]

But yeah, Pisces. Pisces season is almost here. Step that time you already know.

[Ian]

Yes, sir. Yo, y' all just let me know when and where you know, attire, you know. I mean, I got you. While you meet up the 29th. Gang, gang. See deep dive on cadence and synopsis. Yep. Right at booby trap. Got you. What you think of Oklahoma? Meet me at Kiki. I'mma tell you. I got you.

[Rashad]

I know y' all know my section, man. Y' all know what section of it. Yeah. All right. Yo, what y' all doing here? That'd be always the question. What y' all doing here? Yo, come on, man.

[Ian]

Investing in the economy.

[Rashad]

Yo. Yo, can I ask you a question? All right, now.

[Ian]

Marketing promotions. My boy.

[Mike]

Happy birthday. Shabba ranks.

[Rashad]

Shabba legend. Legend.

[Mike]

Happy birthday. Shabba ranks. Michael Jordan. We gonna need some answers.

[Rashad]

Whoa.

[Ian]

My boy, it's time. If you wrap it up, my dog.

[Rashad]

Whoa, whoa.

[Ian]

Wrap it up.

[Rashad]

Nah, nah, bro.

[Mike]

I need some answers.

[Rashad]

Was that AI respect. I never was it. That's.

[Ian]

No, Bubba Chuck wouldn't do that. Shout out to my dog. Nope, that's too. That's too many grabs. That's your girl in public. You. You going?

[Rashad]

Yeah. The location of the grab, the scratch on the. Oh, it was a lot.

[Mike]

It was. They said he was. He had ice in his shirt. The kid had ice in his shirt.

[Rashad]

So why are you.

[Ian]

Scrat Leg put you on ice if you grab my kid like that.

[Mike]

You know what I mean?

[Rashad]

Like, I got ice in my shirt.

[Mike]

Parents, yo, his father was there. He was a race car. He's like one of the race car drivers or his party was right there.

[Rashad]

Nah, bro, that was like a tug. Like you tug somebody's shirt, they got ice, you know, I mean, like. Oh, tug like.

[Ian]

And don't y' all in the comments, like, you coming for a black man. I did a whole die tribal Epstein last week. Shoddy. Thank you. Thank you.

[Rashad]

No, no, that's not. We can't put him in that category.

[Mike]

Mike Jordan too legendary.

[Rashad]

No, he's still. He's still Mike.

[Mike]

He's too like.

[Rashad]

That's still Michael.

[Mike]

He's too legendary. What.

[Rashad]

I'm sure that is. No, no, we got to get an explanation for that. He probably won't say anything. That should be the next Mike Tirico interview.

[Mike]

Mike Short is too legendary, man.

[Ian]

If it was Nas, what would you do?

[Rashad]

If that was nas. No, we're not gonna do that. We're not gonna put that on the chat out to nas.

[Mike]

Oh, Mike. Joy, man. All right, ladies and gentlemen, it's been real. See you on Blackout Tap.

[Ian]

In love. Love. Oh, you see that Talk show host ended up in them files too, ain't it?

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