The Man Who Turned $20k Into $60M Reveals The Strategy That BEATS Wall Street, Predictions For The Future & What To Invest In NOW

Summary

The School of Greatness: Episode Summary Title: The Man Who Turned $20k Into $60M Reveals The Strategy That BEATS Wall Street, Predictions For The Future & What To Invest In NOW
Host: Lewis Howes
Guest: Chris Camillo
Release Date: June 25, 2025

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1. Introduction

In this compelling episode of The School of Greatness, Lewis Howes welcomes Chris Camillo, a seasoned investor who has transformed a modest $20,000 investment into a staggering $60 million portfolio. The focus of their conversation centers on Camillo's unique investment strategies, his insights into the evolving financial landscape, and actionable advice for listeners looking to optimize their financial opportunities.

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2. Chris Camillo’s Investment Philosophy

Chris Camillo delves into his foundational investment principles, emphasizing the importance of "spotting trends before Wall Street" and leveraging public information to gain an edge in the market.

Chris Camillo [06:17]: "It's not about insider tips, but about analyzing public information and cultural shifts happening in real-time."

Camillo underscores that successful investing doesn't require vast sums of money upfront. Instead, it demands patience, the ability to identify emerging trends, and a willingness to act on them before they become mainstream.

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3. Spotting Trends Before Wall Street

A significant portion of the discussion revolves around how Camillo identifies and capitalizes on market trends ahead of institutional investors. He highlights the use of tools like ChatGPT to analyze current events and predict their impact on publicly traded companies.

Chris Camillo [05:54]: "You could just ask ChatGPT. I used to spend like four days figuring that information out myself. Now, you could just ask ChatGPT."

This proactive approach allows investors to position themselves advantageously, often reaping substantial gains as the broader market catches up to these trends.

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4. The Impact of AI on Investing

Camillo elaborates on the transformative role of Artificial Intelligence (AI) in democratizing investment strategies. He explains how AI tools can assist individual investors in making informed decisions without needing extensive financial expertise.

Chris Camillo [31:24]: "It's everything the same way that the Internet was everything relative to what came before it."

AI not only simplifies the research process but also provides personalized insights, making sophisticated investment strategies accessible to a broader audience.

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5. The Future of Robotics and AI

The conversation shifts to the burgeoning field of robotics, where Camillo predicts a "robot revolution" within the next decade. He discusses the potential applications of robotics in various industries, from elder care to manufacturing, and the immense investment opportunities this presents.

Chris Camillo [24:02]: "They're going to solve it. They're going to solve it."

Camillo believes that investing in robotics companies now, even those still in private stages, could yield significant returns as the technology matures and integrates into daily life.

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6. Democratizing Intelligence and Education

Camillo passionately advocates for the role of AI in leveling the educational playing field. He envisions a future where AI provides one-on-one learning experiences, making high-quality education accessible to everyone, regardless of their socioeconomic background.

Chris Camillo [34:36]: "It's leveling the playing field. It's democratizing intelligence and it's an access to intelligence."

This democratization not only empowers individuals but also fosters a more informed and capable investor base.

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7. Community and Collaboration in Investing

Highlighting the importance of community, Camillo introduces his Discord group associated with DumbMoneyTV. This platform serves as a collaborative space where like-minded investors share insights, discuss trends, and support each other's investment journeys.

Chris Camillo [48:05]: "We just talk about who's going to benefit, who's going to be harmed, how we're going about it, and we just help each other."

Such communities amplify individual efforts, providing a collective intelligence that significantly enhances investment strategies.

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8. Final Advice and Takeaways

As the episode concludes, Lewis Howes and Chris Camillo reflect on the importance of starting to invest early, maintaining a resilient mindset, and being adaptable in an ever-changing financial environment. Camillo emphasizes that "time is the most important piece of investing," encouraging listeners to begin their investment journeys without delay.

Chris Camillo [57:54]: "You just have to start and do it and have to believe that you can do it."

He reassures that while investments come with risks, the long-term benefits of early and consistent investing can lead to substantial financial growth and security.

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Notable Quotes with Timestamps

• Chris Camillo [05:54]: "You could just ask ChatGPT. I used to spend like four days figuring that information out myself. Now, you could just ask ChatGPT."
• Chris Camillo [24:02]: "They're going to solve it. They're going to solve it."
• Chris Camillo [34:36]: "It's leveling the playing field. It's democratizing intelligence and it's an access to intelligence."
• Chris Camillo [48:05]: "We just talk about who's going to benefit, who's going to be harmed, how we're going about it, and we just help each other."
• Chris Camillo [57:54]: "You just have to start and do it and have to believe that you can do it."

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Conclusion

This episode of The School of Greatness offers invaluable insights into modern investing strategies, the pivotal role of AI, and the future landscape of robotics. Chris Camillo's experiences and foresights provide a roadmap for listeners aiming to enhance their financial standing through informed and strategic investments. Whether you're a seasoned investor or just starting, the discussions in this episode equip you with the knowledge and motivation to embark on your path to financial greatness.

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Helpful Links:

• Chris Camillo’s YouTube Channel: Dumb Money Live
• Community Discord: DumbMoneyTV Socials
• Book Mentioned: Make Money Easy ([make moneyeasybook.com](http://make moneyeasybook.com))
• DumbMoneyTV YouTube: DumbMoney Live

Note: This summary excludes sponsored segments and advertisements to focus solely on the content-rich discussions between Lewis Howes and Chris Camillo.

Transcript

[Lewis Howes]

Welcome back, my friend. And if you haven't heard the announcement yet, Martha and I are having a baby and we are very, very excited. So many people have been sending messages out saying congratulations and I just want to say thank you because it's been just overwhelming the amount of love and support for both of us. So we did a full episode recently where we talk about relationship, what we've learned, communication strategies, and also kind of more behind the scenes on our relationship and all the tool and the things that we have done over the past four years to strengthen our relationship before getting married, now being married, and so on. So if you're looking for more advice around that, make sure to check that out. We went pretty deep for almost two hours, so check out that episode. And again, big thank you. I'm very excited to be a dad in the near future. But this episode is all about really how to optimize our financial opportunities. And since I had Chris on the first episode, I took his advice and I kid you not, I went deeper in my investing strategy and as of today, my investments are up. It looks like 24.78% right now. So since the last episode I took action on the things that he said. Now this doesn't mean you're guaranteed to make a lot of money overnight or something like that, but he really talked about really getting started and going more all in on investing no matter who you are, no matter how much you have starting to invest. And in this episode he's really talking about spotting the trends before everyone else. How do we spot the trends before everyone else? That means you might have to be patient for a while until you see returns. And also how AI is quickly changing the world with investing and so many other things. Chris shares his journey of turning small investments into millions, not through insider tips, but by analyzing public information and cultural shifts happening in real time. All things that you can do right now. And there's literally something that I did with one of my investments that jumped up 20 point something percent in the last month since I had this conversation with him. Now again, this doesn't mean there's not risk in making investments. I've made investments in the past that have gone down to zero. But here he talks about how to spot these trends publicly for your personal financial gain. Also, why the rise of AI is the biggest shift in democratizing intelligence and and financial freedom in the step by step method for identifying when to buy and when to sell stocks based on real world signals. So this is going to be a powerful one. Again, how you can invest literally 10, 20, 30 bucks today can help lead to long term wealth if you start with the right mindset and habits. We cover all this and so much more in today's episode. If you're enjoying it, make sure to share it with a friend or two. This is your first time here and you haven't subscribed yet. Make sure to click the Follow button on Apple Podcast or Spotify. I'm so grateful that you're here and let's go ahead and dive into this episode with Chris Camillo. Are you ready to level up your business? Intuit QuickBooks has got your back. Forget stressing over unpaid invoices or tracking expenses.

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[Sponsor Voice]

So this is actually where AI comes in. Pretty cool, right?

[Chris Camillo]

You could also ask ChatGPT.

[Sponsor Voice]

So I was saying like, like you can find some change that's happening in the world and you could go in ChatGPT and say hey this is happening. What publicly traded companies are likely to benefit from this? That's Interesting. And it will actually tell you. I used to spend like four days figuring that information out of myself. Myself. Now, you could just ask ChatGPT.

[Chris Camillo]

Have you done this yet? Have you tried.

[Sponsor Voice]

I'm doing it now. Yeah, I'm doing it now. And it helps. It's like a tool. It's a tool.

[Chris Camillo]

Could you give an example of what that would look like? If. Is there something you've been researching or seeing trends happening right now? Can we do a live example? I don't know if. So you could even see what it just. It would give you, and then you could see on ChatGPT whether you think that's accurate or not.

[Sponsor Voice]

Yeah. So, I mean, let's talk about.

[Chris Camillo]

You have your phone. I'm curious if we do a live example, because I think it'd be interesting.

[Sponsor Voice]

Yeah, just put it down. Well, let's talk about what's at. Like, what is. What is. Actually. Okay, this. This is a. This is a good one.

[Chris Camillo]

I'd love to see what you've been noticing or comments you've seen on Tick Tock where you'd stay. Okay. What publicly traded companies would be impacted by this?

[Sponsor Voice]

Yeah, so. So one example, because again, I want.

[Chris Camillo]

To simplify this for people because I think it's still scary for them to understand.

[Sponsor Voice]

Yeah, I do this every day. It's what. This is my entire life. Okay. This is my entire life, like, seeing something and then being like, who would benefit or not. So like, one of them might be, you know, a heat wave.

Right.

So the last few. And I thought of this because I was like, it's really cold in the studio. I'm like, you know, we've had some really wild.

[Chris Camillo]

This has been like, gnarly.

[Sponsor Voice]

Some wild heat waves.

Right.

So one of them it might be. You could just ask chat. I'll ask ChatGPT. Yeah, right now I'll be like. I'm going to say, hey, this is interesting. Okay. We are experiencing the biggest heat wave in history in the United States. What publicly traded companies would benefit and which publicly traded companies would be harmed by this heat wave.

[Chris Camillo]

That's interesting. See what it says.

[Sponsor Voice]

I'm going to put that in and let's just see what it says. And this is not going to be an end all, but it's a starting point. Starting point. So it lists out, obviously it lists out all the H Vac manufacturers. Carrier train. Lennox. And it says H Vac manufacturers experiencing increased demand for cooling. Home Depot and Lowe's. Higher sales of fans. AC related products. Generac. Generac Manufacturing benefits from increased power outages due to heat stress on the grid. That's been one of my biggest heat wave trades actually. So it's cool that it got it. Edgewell Personal care. Producer of sun protection products like banana boat, Hawaiian tropic lapels right in heat waves. Companies that would be harmed. Walt Disney and Six Flags. Interesting. Theme park operators facing reduced attendance due to extreme heat. Insurance companies facing extreme claims from heat related damages. Utility and energy companies struggling with grid reliability. Agriculture experiencing crop stress and reduced yields due to prolonged heat. So like I literally go, this is what I do every day. And, and what's really interesting is, so once you find the companies, that's just the first part. Okay. You have to really determine is this information actually likely to move the needle for them. And so if a company is like, you know it, for example, you might find a snack that's trending. Okay, this happens all the time. There's like a really hot snack or a hot cookie or something's happening and you're like, oh, this is going to crush it. In fact, this just happened recently with that water. Remember that water company that went viral? Did you see this?

[Chris Camillo]

Oh yeah, the water, the blue water bottles.

[Sponsor Voice]

The blue water bottles.

[Chris Camillo]

Okay, Saratoga.

[Sponsor Voice]

I think it is Saratoga. So I just did this with Saratoga. I was like, I was like, Ashton.

[Chris Camillo]

Hall, I think his name is the viral creator who's like, yeah, every video is just crushing.

[Sponsor Voice]

Saratoga went nuts. Well, Saratoga is manufactured by a publicly traded company, but that publicly traded company manufactures a bunch of really big bottled water companies that are like 100x the size of Saratoga.

[Chris Camillo]

Interesting.

[Sponsor Voice]

So the truth is, I think Saratoga was like 1% of their sales. So even if they double sales of Saratoga, doesn't matter. It's not going to make a real difference.

[Chris Camillo]

Interesting.

[Sponsor Voice]

And so you have to do the research to figure that out.

[Chris Camillo]

Now if that was a publicly traded company on its own, it would be more interesting to invest in huge.

[Sponsor Voice]

That would be huge. Okay, so that's exactly what you're looking for. Is it going to. And by the way, there's a little bit of a science, a little bit of an art. You do some research, right? Like this is where you learn, you get better over time. But by the way, you don't have to do it alone. You have friends in your life that you can, you can ask other people, like, hey, can you help me with this? By the way, like we have a community dumbmoney tv, right? Like we have, we have a discord. Like we literally help each other with this Stuff all the time. Like we just.

[Chris Camillo]

Are you in your discord? Just telling people I'm doing this trade today or I'm, I'm getting in, I'm getting out.

[Sponsor Voice]

No, no, we don't really discuss trades. What we discuss or is change trends. Yeah. So we're like, hey, just saw this. I think it might positively impact this company. What do you guys think? And then we just, we just help each other. Right.

[Chris Camillo]

And so you're not saying this is what I'm doing today or tomorrow.

[Sponsor Voice]

Then once we all do our own research and we all collaborate and a lot of times we go out and we interview stores. Like if it's like a product in a store, like we'll take videos, we'll take. Like we just aggregate like, like research and, and we help each other because like it's us versus Wall street.

Right.

So like we're like a big hedge fund of just regular people. We have UPS drivers, We have like just all kinds of people in our, in our network. And if you don't want to be in our community, just do it with your friends.

Right.

But once you find something that is going to. And then we go off and make our own trades. But you don't really know. We don't discuss this because everyone has their own risk tolerance.

[Chris Camillo]

Yeah.

[Sponsor Voice]

Everyone makes their own decisions. Like the last thing I want to do is people copying my trades and I don't want to copy other people's trades because then you don't get smarter. And also my risk tolerance is like really, really high. So like, you don't want to copy me. Just your risk tolerance probably isn't as high as mine. So. But once find the change in the world, connect the dots to companies that would benefit or sectors that would benefit from it or be harmed, find out if it's going to actually move the needle, then you have to determine if there's something else happening to that company during that window of time, you think it's going to impact them that is more important to that company than this thing that you found. Okay. So there might be a company going through that's being prosecuted by the government and that prosecution is all that investors care about right now. So the fact they have a trending product, it's going to increase their sales by 3 or 4% is not going to move the needle relative to the fact that, you know the FTC is about to bury them. So like, you just got to go through the motions of figuring out what's important. The way that you do that is you Read earnings reports, and you kind of read news stories on the company and you're like, what's going on? Then you need to figure out, does the rest of the world know about what I just found out? Are they connecting the dots yet? Do they know about this crazy heat? Like when we had the big freeze in Texas a few years ago? Remember that crazy freeze?

[Chris Camillo]

Yeah.

[Sponsor Voice]

All the pipes broke, okay? All the swimming pool equipment broke, and everyone had to buy new swimming pool equipment. And the pool companies went nuts.

Right?

And so I was like, do people know about that yet? Because I'm in Texas. I live in Texas. I knew about it, like immediately. I had a pool. Pool equipment's gone. All my friends all have to get new pool equipment. How long is it going to take you to get new pool equipment? Like six months. Because we're literally sold out of pool equipment. Well, who's makes. Who makes pool equipment? I'm investing in them.

Right?

And which is what we did. And. But has the rest of the world caught on to this yet? Has Wall street, right? And so you have to figure out if they're seeing it yet. So you're like, are there news articles about this yet? Are they talking about in the Wall Street Journal? If I go look under all the article, are they talking about it in the earnings report? Is there chatter on like, on like X Twitter or stock twits?

Right.

Or are investors that are retail investors talking about this yet? And if no one else is talking about it, there's a decent chance that you might have discovered something and connected the dots quicker than everybody else. And that's what you want, right? And so once you kind of go through. And again, if you want to go deep into my methodology, Jack Schwager did a great job talking about in his book. But that's when you trade. And then. And then when do you. When you sell? That's what you're asking me. Okay, so you're trading at the point of information imbalance, when you identified some really big piece of information that is going to impact a company in a really big way that most other people don't know about yet. That's when you trade. That's when you buy the company.

Right.

You sell at the point of information parity, when that information that you discovered is now widely known by other investors. Okay. Often that will be an earnings report when the company comes out. Like, remember that story I told you earlier about Elf Cosmetics? The company came out and said, guess what? Our sales are through the roof because this guy on YouTube did a video and then the stock shot up. And now the information that you had that made you invest in that company, everyone else has it. So you no longer have an inherent advantage, right, over anyone else. So at that moment, if you're going to be a pure social arb investor or kind of investing in conversational data, right, an observational investor, then you sell because like, you have no advantage anymore.

[Chris Camillo]

What if the stock keeps going up?

[Sponsor Voice]

It might, but it's going up for other reasons, right? So like now this is not always black and white. So let's say that you think, you know what, yes, the stock went up, but I think that this is the beginning of something bigger that they're not appreciating yet. Then you might end up staying in that stock for years. Which is exactly what I did with Amazon, right? Which is exactly what I did with Apple. You know, some of these companies back in the day, just wall. Wall street just refused to believe how, how big of a the change is. I feel that way right now with artificial intelligence.

[Chris Camillo]

Really.

[Sponsor Voice]

You know, and I could be wrong, but I made a huge bet on Nvidia that like literally the week that ChatGPT came out a couple years ago. And that's a big part of why my portfolio is up so much the last couple years because I actually went off and, and like I did like a bunch of meditation for like a week. It was, I was crazy. I was like this. I, I started using CHAT GPT and I was like, this might be the most interesting thing I've ever done in my life. And the only other thing that ever set me off like that is when I held one of these in my hand for the first time. And this became one of the biggest investments I ever made. People was like, oh, do you, you can only do this with small companies because Wall Street's kind of on to big companies. Nope. I wrote an entire chapter in my book about this trade, and it was because Wall street didn't believe in the iPhone when it first came out. Mainly because they were biased because they weren't using an iPhone. They didn't get to really hold it. They're using blackberries, they're using BlackBerry, because that's what people in the corporate world and Wall street use. But also, the iPhone was only available on AT T the first year it came out. That's right.

[Chris Camillo]

And what's this, 2006, 7, 8?

[Sponsor Voice]

Yes, but, but AT&T, @ the time in Manhattan, the, the, the type of data infrastructure that it used could not send data through buildings hardly at All. So almost nobody in Manhattan used AT&T back then. So it was almost impossible if you lived in Manhattan or worked in Manhattan to have an iPhone at that time, because everybody was on Verizon who lived in Manhattan. So that was like an interesting little thing that made it even harder for people on Wall street to see what was happening, to experience it, because it wasn't even about them using it. It was about people in their network Talking about it 24 hours a day because it was so damn revolutionary. Similar to Tesla when they first came out. If you didn't drive one or if you didn't have someone in your network that made you drive one, you didn't know how crazy special the technology was, right? So, you know, like, I almost forgot the question you asked me now.

[Lewis Howes]

When to sell.

[Chris Camillo]

I mean, you talked about this trade with, you know, this is the biggest thing Ch AI.

[Sponsor Voice]

Oh, yeah, yeah, sorry. Chat tv. So I used it and I used it a lot that first week and I was like, dude, this is big. This, this is nuts. This is nuts. I was like, who's going to benefit from this? And I, I figured out that Nvidia was the obvious beneficiary. The picks and shovels.

Right.

Of this whole industry. And now Nvidia is like so expensive. It's like trillions of dollars. So now it might feel too expensive. Unless you think that the industry of intelligence AI is just getting started, is just getting started, and you think it's going to be infinitely bigger than anything else we've ever seen in our lifetime, which is what I think.

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[Chris Camillo]

So you haven't, you haven't sold.

[Sponsor Voice]

I might. No. Well, I have sold it since and I've re. You know, I've been levered in it. I've sold it and now I'm getting back into it again now that it's dropped. So I, I believe that the human mind is not able to fully grasp things that haven't happened before. So this is a little bit of what they call Black swan theory. Nassim Taleb wrote that book back in like 2006, 2005, 2006. And it was all about the fact that like, especially capital markets, like financial markets never really assess value to things that are anomalies that, that, that don't have a history that they can associate with a correlation in the past.

[Chris Camillo]

It's unknown.

[Sponsor Voice]

It's so unknown, so unknown that they just don't have a way to frame how to value it. We never would have thought we'd have multiple trillion dollar companies right now that we do. Right. Ten years ago, I don't think we could wrap our head around having 10 or $20 trillion companies. I think we're going to get there and I think there will be a multitude of companies related to the industry of intelligence and the industry of robotics that will be 10, 15, maybe even $20 trillion over the next few decades. And you know, that just, that's just what I believe. So I'm happy to still be in companies like Nvidia.

[Chris Camillo]

Wow.

[Sponsor Voice]

And then I'm making huge bets on robot companies right now because of that. So that's become. Half of my life is investing in robots. So it's, you know, I.

[Chris Camillo]

How long will it take though, for some of these companies that are maybe, you know, haven't really launched their products at the highest level yet? How long will you stay invested until you start to see the gains?

[Sponsor Voice]

It's really hard to time sometimes. Like the robot companies I'm invested in are mostly private. I think we'll have a robot revolution in about five years. So I think, I think you will be consumed by nothing but robot media starting in about 18 months. Really? Yeah, I think, I think it's going to consume humanity.

[Chris Camillo]

What type of media are we talking about? What do you mean? Just people talking about it more or.

[Sponsor Voice]

People like we're about to enter the Jetsons age. Like, like we are going to have human, humanoid robots walking around? Not initially, because the value of these robots is so high in industry for commercial and industrial use. Almost all the allocation of those robots is going to go towards industry. So also to have them walking around in public, there's a safety element. They won't be there, I don't believe.

[Chris Camillo]

For 10 years you're talking about, you know, car manufacturing, you know, restaurant manufacturer, you know, things like that.

[Sponsor Voice]

They'll be warehouse houses, logistics. We have a job shortage, a human job shortage of like 2 or 300 million physical laborers that we need to employ by 2030 that we just don't have humans for.

[Chris Camillo]

Wow.

[Sponsor Voice]

And this is, this will help kind of solve that problem. Probably a bigger problem is like 10 years out when it comes to elder care, when we have a massive shortage of people to take care of older people as the boomers are aged, aging. It cost 175,000 to upwards of 200,000 a year to have 24, 7 care in your home, to have homemades. And we just simply do not have enough humans to do that. And this is something that is exceptionally important. 100 million people around the world spend the bulk of their prime years taking care of a parent or grandparent, and they don't have careers because of it. Some of them never have families. We don't have it that as much in the US but it does happen and it's going to happen a lot more the next 20 years as our parents who parents are getting older and we need to solve that problem. Robots will solve it. They're going to solve it. So we have demand for billions of humanoid robots around the world simply to take care of the elderly. So that will become a big use case. That's probably the number one use case. But it won't start for about 10 years now. I, I've been up close with a lot of these robots. I'm telling you, it's coming quick. Like the robots are walking, they're functioning, they're articulating. I've seen them move sheet metal. I've seen them do pretty articulate stuff. Autonomously, by the way, not programmed autonomously, like using an AI brain.

[Chris Camillo]

Like, oh, I see this thing over there, I need to move it over here. And then I see another one over there that I need to move.

[Sponsor Voice]

Yes.

[Chris Camillo]

Not just rinse and repeat in the same spot.

[Sponsor Voice]

Correct. One of the robot companies I work most closely with, Apptronic in Austin, is partnered with DeepMind at Google. And Google is developing an AI brain for these bots that would, that would melt your mind. Like, it's, it's, they're, they're accelerating the technology so quickly. Right now, I believe we're probably two, maybe three years away from having generalized autonomous robots with full AI brains that can do just about any physical job on earth. So now can they do that, you know, durably? You know, can they do it repetitively with the uptime that we need, quality control that could take a few years to work out. And then the generalized part, when you're going to have them in your home doing literally everything. I'm talking about doing your laundry, doing your dishes, cleaning up around the house, literally doing almost everything in your home. I mean, imagine saying, hey, you know, whether it's you or your wife, can you just redo the closet for spring and it gets, goes out all the spring clothes and just do them in the same exact order that you did last spring by color and this and that. It's all done and it knows exactly where to put the clothes up from the door. I, I know this sounds insane to you, but I'm telling you they will be able to do that in 10 years, 100% be able to do that within 10 years. And the cost of these robots to manufacture by then will be sub $50,000 and they'll have like a four to five year lifespan. So if you think about it like the use cases from it, it's almost ridiculously cheap when you start thinking about all the things you don't need to do, you know what I'm saying?

[Chris Camillo]

Because of that now is something like that that will be used 10 years away. Is it worth investing in now even if it's not going to be maybe successful in 5, 7, 10 years?

[Sponsor Voice]

For me it is. For you, I think, I think it's the biggest industry. Like physical labor is a third of global gdp. It's the biggest industry in the world. So listen, I, like I said, I own restaurants. I cannot get employees. Like it's almost impossible for us to find employees.

[Chris Camillo]

Why is it so hard?

[Sponsor Voice]

Because two things people. Listen, our unemployment rate is actually pretty low. It's like 4%, 4 1/2%.

Right.

Right now people in this country want to do certain types of jobs, not other types of jobs. And I'm not saying that that's good or bad, it's just the reality. So you know, I, I joke like, like, you know, my kids are 15 and they don't want to work for 40 years in a manufacturing job. And I don't want them to because I don't want them to have the bad back that I have right now. Like no, no, I mean these, this is real. Like you work in one of these jobs for 40 years and you're messed up by the time you hit your age 60. So they don't want to do that. They don't want to work in a repetitive physical labor job for their life. And I hate to say like almost no young kids in this country do.

[Chris Camillo]

They won't have to in 10 years with robots taking over all that.

[Sponsor Voice]

They, they won't have to. And like the one knock that this whole robot revolution people have with it is it will displace human labor. I'm an optimist, so I'm a little biased. But at no point in human history has technology a human, the placing technology ultimately created more and better, not created more and better jobs for humans over the long term. Yeah, and I don't see why it would be any different this time. And if you look specifically about what AI and robots will do for the world, labor is the number one bottleneck for industry. And having access to more reliable, cheaper, scalable labor will enable all the world's industries to expand much larger than they are today. And it will enable us to have more of that and it will allow us to create new industries we can't even think of today. So what that means is with more comes more demand for humans.

Right.

It might not be the same job as today. It's probably going to be a job that requires a higher degree of creativity, of sophistication, of engagement at the human mind level. So each company will have less humans.

Right.

Or each, each entity will have less humans, but there will be way more entities that need you, hopefully doing better work that's more interesting, that hopefully pays more too. So hopefully we all win as humans long term from this.

[Chris Camillo]

If, if people working in careers right now or entrepreneurs don't start learning AI, or don't start learning how to use AI tools to create better processes, you know, advance their platforms or their businesses, what will happen to those career individuals or entrepreneurs over the next few years?

[Sponsor Voice]

I think they're going to be in a lot of trouble.

[Chris Camillo]

Really?

[Sponsor Voice]

Yeah.

[Chris Camillo]

How big is AI right now?

[Sponsor Voice]

It's everything. Everything.

[Chris Camillo]

And if an employee, and if an employee or an employer is not using it, you think they're going to be far behind?

[Sponsor Voice]

I think they're done.

[Chris Camillo]

Really?

[Sponsor Voice]

Yeah, I think it's everything the same way that the Internet was everything relative to what came before it. Okay. And like if you recall back in 98, 99, 2000, and you could research this, there were a lot of doubters that said this is all bs, right? A lot. They said this is all bs. Now the Internet took a long time to play out, but almost every single promise that it made has actually come true.

[Chris Camillo]

And then some.

[Sponsor Voice]

And then some? Yeah, yeah, almost every single promise. And then some. And then some. And then some.

[Chris Camillo]

So how big then is AI and what do you predict over the next three to five years that it will do for individuals?

[Sponsor Voice]

Oh, I think it will be, I mean, I think it's a like complete game changer for individuals because it's the great. It, it, it helps democratize intelligence.

Right.

And, and, and let's be fair. The human intelligence is not fair. We don't all have the same access, we don't all have the same ability to learn the same way. My kids have tutors. Most kids don't. One on one learning. I saw a study where the number one differentiator for accelerating your level of knowledge and your success in life is, is one on one learning. Interesting, right? You know how expensive that is?

[Chris Camillo]

Very expensive.

[Sponsor Voice]

I would love every child on earth to have one on one learning. And they can in the very near term with AI, Right? They can, I think, I think eventually every single kid in the world is going to have the ability to get one on one learning with AI.

[Chris Camillo]

And it doesn't matter where you live, if you have access to it doesn't.

[Sponsor Voice]

Matter where you live, doesn't matter how much money you have, does it? Like everyone is going to have access to best in class education in the very near term, future. I think as long as if they're.

[Chris Camillo]

Willing to apply themselves to learn it and to be consistent, you can get.

[Sponsor Voice]

It if you want it.

[Chris Camillo]

Yeah, exactly.

[Sponsor Voice]

Okay, so again, it's, it's, it's more a matter of convincing people that they should do it.

[Chris Camillo]

It's leveling the playing field too.

[Sponsor Voice]

It's leveling the playing field. It's democratizing intelligence and it's an access to intelligence. Right. And so those people that already went through the cycle and maybe didn't get the best education, maybe they were having to work all through school, maybe they didn't get to go to college, maybe they now think they have an unfair disadvantage trying to like get to that next thing that they want to get to in life. They can utilize AI to craft a better resume, to communicate better. They could communicate as well as I can communicate now. Leveraging AI.

Right.

So with democrat, it's democratizing all of these things for humans, which quite honestly is the biggest game changer.

Right.

Maine, where life the way it should be transforms all who encounter its spectacular landscapes. Rugged coastlines, pine scented trails, sandy beaches, sparkling lakes and tranquil forests inspire you to reflect and make meaningful moments. They offer endless opportunities for adventure and exploration. Whether pedaling or paddling, hiking or biking, Maine has more than enough outdoor spaces to make the most of long summer days. Relish in exquisite flavors harvested from the ocean and the rich soils of orchards and fields. Maine's makers are rooted in its heritage while boldly branching into new ways of thinking, doing and being. Connect with its people in warm and authentic towns which beckon you to stroll art galleries and locally owned shops where gener generations of artists, writers, entrepreneurs and craftspeople see the world anew. It's tempting to do it all when you visit, but take a beat and a breath. Get a feel for the time and tempo of Maine. Simple pleasures. Scenic adventures where every route is the scenic one. Discover [e-mail] hi Zoe Saldana, welcome to T Mobile.

[Zoe Saldana]

Here's your new iPhone 16 Pro on us.

[Customer]

Thanks. And here's My old phone to trade in.

[Zoe Saldana]

You don't need a trade in. When you switch to T Mobile we'll give you a new iPhone 16 Pro plus we'll help you pay off your old Phone up to 800 bucks and you still get to keep it.

[Customer]

There's always a trade in.

[Zoe Saldana]

Not right now. @ T Mobile.

[Customer]

I feel like I have to give you something in return for karma.

[Zoe Saldana]

That's okay.

[Customer]

I don't really have much in my purse. Oh, let's see. Hand sanitizer. It's lavender.

[Zoe Saldana]

I'm good. Seriously.

[Customer]

Let me check this pocket. Oh, mints.

[Zoe Saldana]

Really, I'm fine.

[Customer]

Oh, I have raisins. I'm a mom. Wait, wait one sec. I've got cupcakes in the car.

[T-Mobile Voice]

It's our best iPhone offer ever. Switch to T Mobile, get a new iPhone 16 Pro with Apple intelligence on us. No trade in needed. We'll even pay off your Phone up.

To 800 bucks with 24 monthly bill credits. New line 100 plus a month on experience beyond Finance Agreement 999.99 and qualify. Imported for well qualified plus tax and 10 connection charge. Payout via virtual prepaid total of 15 days. Credits end in balance due if you pay off earlier. Cancel CT mobile dot com.

[Chris Camillo]

What do you think will be the three biggest skills that we all need to learn over the next three to five years? To master using the tools of AI but also to stand out while everyone's going to be able to use the same tools and be different and get ahead of everyone else.

[Sponsor Voice]

Yeah, I just think you have to be super resourceful. Right. Like for me I hated college because I self taught myself everything that I felt I needed to know. You know, I was like, I like to read a lot. So I was just like why am I here wasting four years of my life? And this is like this was pre Internet and so like, like it was pre Internet and all I was thinking in college was I could find a book to teach me this, read it and be done with this class.

[Chris Camillo]

Yeah, you don't need a whole semester.

[Sponsor Voice]

Sitting through and all the stuff just like, just. I'll just read the book man. And like and then when the Internet came out, I've always had, I've always been so anti college. Right. I just like I've always. The Internet came out. It's like it's insane that people are still going to college for most things. Sure, sure. Now in an AI world I'm just like are you still doing this? And it's like, you know, it serves A different purpose.

Right.

It serves a purpose of networking and it's a society experience.

[Chris Camillo]

Yeah, yeah. I mean, I guess if you got to be a doctor or lawyer or something like that, you've got to go to certain specialized training and skills to develop there. You can't just AI yourself from being.

[Sponsor Voice]

A doctor to some extent.

[Chris Camillo]

You need hands on training.

[Sponsor Voice]

Well, hands on, sure, yeah, that part. Yeah. But there's a lot of other stuff that you can. AI is going to get you there quicker too.

[Chris Camillo]

Right.

[Sponsor Voice]

So you have to be resourceful. Right. You just can't be afraid. You just can't be afraid of this stuff. Like I. There's a guy I follow on TikTok and I don't even know his name offhand, but I'll give it to you. So you could put him in, you could put him in the, like, you know the description. And I tell everybody I know he does a TikTok every day. And it's like 30 to 60 seconds. And this guy spends, I think 10 to 14 hours a day deeply researching all the new AI stuff that came out that day. And he's like the Mr. Rogers of AI. He'll just tell you what you need to know in 60 seconds. If you're not following this guy, you're insane. Like, I do that with a lot of people. Yeah, but this is a time just to learn. It's just a time to learn. And by learning has never been easier because learning could literally be just watching TikTok videos. I mean, are you kidding me?

[Chris Camillo]

People are doing.

[Sponsor Voice]

Already kidding me.

[Chris Camillo]

Yeah, yeah.

[Sponsor Voice]

This is what you have to do to be successful in life is watch a few TikTok videos every day of people that are going to do all the hard work and then just tell you what you need to know to be successful. You don't even need to figure out. Just, just find the people that will help you figure it out over time.

[Chris Camillo]

Yes.

[Sponsor Voice]

So you don't have to do the hard work yourself. You could find the intermediaries who are doing the hard work for you and then just tell you, don't waste 14 hours today. Here, here's what I learned in 30 seconds. Here's what you need. Like this guy's like, here's how you have to use a prompt on chat tpt and whole like, I spent a week figuring out all the prompts.

[Chris Camillo]

He's like, here's the 10 best prompts.

[Sponsor Voice]

Here they are, man, just do it.

[Chris Camillo]

Yeah, yeah. You get the best response.

[Sponsor Voice]

Just be. Learn how to be resourceful.

[Chris Camillo]

Yeah, that's interesting the people that are.

[Sponsor Voice]

Resourceful are going to win because what I'm. What I can't tell you is how the next five years are going to unfold. And I won't even try because looking back through history, we haven't come even remotely close at predicting how things like this are going to play out. I mean if I go back to 2000, we thought E Commerce was going to be this company, mall.com and if you went to mall.com it was actually like diagram on the Internet of a mall and like it would have like a square with Macy's and you click into Macy's and it would like show you some products from Macy's and then you click out and if you want to go to a different store you would like click on Foot Locker. But it did it through the visual, the UI of like a mall. Yeah, we thought that there was. I think they raised a ton of money by the way.

[Chris Camillo]

Yeah.

[Sponsor Voice]

This is like bleeding edge technologist of the time. Probably a bunch of Wharton grads and consultants that were, you know, VC backed company and that's the best they can come up with how they were going to bring E Commerce to the masses. So I won't even try to pretend to know how this is going to play out over the next five or ten years. All I know is you just gotta stay current. You gotta stay current because it's changing quickly. And like if you could just be one of those kids or adults who are just willing to stay up with the times and just like stay up with what's happening every day that's gonna put you in the top 1%. 99% of people are just intimidated by it and they're just like, they'll wait for it to come out in the Today show.

[Chris Camillo]

Right.

[Sponsor Voice]

You know what I'm saying? Like if you, if you're gonna wait.

[Chris Camillo]

Then you're too late.

[Sponsor Voice]

You're too late.

[Chris Camillo]

If you're gonna wait, you're too late.

[Sponsor Voice]

You don't, you don't have to be a technologist to like this. You know they have this whole thing vibe coding right now. Right. Which is like all these vibe coding is people are using AI that know nothing about coding like me and you.

[Chris Camillo]

Yeah.

[Sponsor Voice]

And they're creating apps and they're creating software by just talking to it.

[Chris Camillo]

Basically make me this.

[Sponsor Voice]

Yeah, yeah. Literally they're just doing that and they're making stuff and, and it's, it, it's almost like disposable software. It might do something awesome for like six months and Then they just kind of throw it away because now the, you know, the native AI itself does that same exact thing. So what I'm saying is that what you can achieve right now is limitless. And it doesn't matter who you are. Like the tool sets that you perfect example. You were like one of the very earliest podcasters and I'm gonna assume when you got started in like 2012. Ish.

[Chris Camillo]

Yep.

[Sponsor Voice]

You had like some AV background.

Right.

You had to have. Or you were working with people that did, but you. You had. But the. You were working with people that did and they had to have. It was complicated.

[Chris Camillo]

I did it all on my iPhone. You did. I did it all on my iPhone and then eventually just had like two mics and it was just audio. So I kid it as simple as possible. Then I got into like video and hired someone with the equipment. And a couple years later when I decided to do video before anyone was doing video, because I said, oh, YouTube's gonna be a thing in the future.

[Sponsor Voice]

Okay. But you were editing, I would imagine.

[Chris Camillo]

I sent it off to an editor because I didn't know what I was doing. Yeah, yeah.

[Sponsor Voice]

That's a lot.

[Chris Camillo]

Yeah.

[Sponsor Voice]

I didn't know how to do it.

[Chris Camillo]

No clue.

[Sponsor Voice]

Pre TikTok, that's what you had to do.

[Chris Camillo]

Yeah.

[Sponsor Voice]

Okay. You are probably pretty ambitious. You figured it out. Yeah. You put, you put, put. You put the stuff together.

[Chris Camillo]

Yeah, yeah, exactly.

[Sponsor Voice]

Then Tick Tock came out. Now anyone with any phone could do whatever they want and raw video footage just became the thing.

[Chris Camillo]

Yep.

[Sponsor Voice]

And that completely democratized creativity globally.

Right.

So all of a sudden now when it comes to creativity, that has been the biggest boom to entertainment in my lifetime. Some of the funniest people, some of the smartest people, like some of the mo. Like the most interesting people on earth, I would not have access to and they would not really exist except for their family and their best and their buddies, if not for Tick Tock, but Tick Tock democratized it and it created this bridge to where if you were funny or if you're. If you know how to sing or play an intro, like if you do anything that's cool or interesting. That's right.

[Chris Camillo]

I mean, look at all these comedians. Now. The comedian world in general has blown up with TikTok of them just putting up their stand up in front of like 10 people, you know, trying to struggle for years, and then boom, it's just taken off for a lot of these comedians that now have massive Netflix specials and selling out arenas and it's Just blowing them up.

[Sponsor Voice]

Correct. But TikTok was limited to people that were either comics or dancers or singers. Right. There's just like entertainers. Entertainers. There's just a small handful of things that TikTok democratized. So now imagine this. AI is going to do that for everyone else, and I mean everyone else. So I don't care what your talent is, what your ambition is, what you want to do in this world, AI is going to enable you to do that.

[Chris Camillo]

Wow.

[Sponsor Voice]

With. With very little money, with very little access to anyone or anything, it's going to enable every human on earth to reach their maximum potential. It's going to democratize humanity.

[Chris Camillo]

That's amazing.

[Sponsor Voice]

It is. It actually is way more amazing than anyone is talking about right now. Like, I firmly. I don't just believe that. I know that that is going to happen. And I knew that about TikTok with the things that it was doing. And here we are today.

Right.

[Chris Camillo]

So what is the. I mean, you're talking about being resourceful, and I think that's what people are going to need to do over the next few years is really research and be resourceful in their learning and spotting the trends and being able to know when to take action. Because a lot of people also see so much information on TikTok and this guy or whatever. All these people saying, here's the newest app today and the newest thing and the newest tool, what to look out for. And they're all coming, and it's like there's so much that's happening at once also, that it can feel overwhelming. And you guys in your Discord group are doing a lot of the heavy lifting. What is that group and how can people join or where do they go?

[Sponsor Voice]

Our Discords. Dumbmoney TV has all of our socials, including the Discord. Is that freedom? Yeah. I. I might be the only financial YouTuber that doesn't make any money off of anything that I do. Like, I. We sell, like, our merch at our cost. Like, we don't make any. If anyone ever asks you for money related to me, you know it's fake because we. We don't charge a dime for anything. We don't even do sponsorship. So I go crazy.

[Chris Camillo]

DumbMoney TV.

[Sponsor Voice]

Dumb Money TV has all the socials. Okay, cool.

[Chris Camillo]

And in the. In the Discord group, are you guys just sharing? Here's the latest stuff, here's what we're finding, and everyone's sharing ideas, but you're not saying we're buying this today.

[Sponsor Voice]

The easiest way to start Honestly, like, dumb Money Live on YouTube, we literally talk about this every week. We talk about the highlights of what we're finding. Cool. But, yes, our Discord, it's a re. There's only one channel in the Discord. It's. It's the Research Idea Channel, Trade channel. That's the one I hang out in. And we're literally just having this conversation. Wow. But there's a lot of us. It's like, dude, there's a hurricane over here. Who's going to be impacted by it? Or this new political thing is going to impact this sector or this company.

[Chris Camillo]

The tariffs or whatever it is.

[Sponsor Voice]

Whatever. Or it could be there's a new clothing trend or a new makeup trend, and we just talk about who's going to benefit, who's going to be harmed, how we're going about it, and we just help each other. That's. But this thing that's happening right now is so big. But. But the trap is people are not going to do anything because they're just going to be so consumed by so much noise. Yes, there'll be a tremendous amount of noise and honestly, a tremendous amount of cool stuff. So if you think about TikTok, TikTok itself created so much amazing entertainment that it's really easy for us just to be consumed by the app as consumers. And if you're really talented, you have to also create on the app.

Right.

So, like, it's really easy to fall in the trap of, wow, look at this new shiny thing. This is amazing. I could just live my whole life looking at all these talented people. Meanwhile, you got a talent, too. Why don't you do both?

[Chris Camillo]

You got to take action.

[Sponsor Voice]

You have. You have to take action. You just have to do something. So AI is the same way. AI is going to. You know, I always say if there's this thing called, like, fan fiction, you know what that is like? It's. It's this really cool world where this has been going on forever, where, you know, a series ends, but then people just continue to write scripts and stories and stuff. I think that's so cool.

[Chris Camillo]

Yeah.

[Sponsor Voice]

Now I don't engage in that world. I'm too lazy to, like, lead all this stuff, but.

[Chris Camillo]

Right.

[Sponsor Voice]

But like, God, I have so many TV shows, so many movies, so many things from the past that are nostalgic to me. I envision at some point AI is going to be able to just continue on with those theories, maybe throw me in there as an actor. I don't know the world. What I'm saying. Is the world is about to get nuts in a very. I'm an optimist in a very good way. There'll be some bad stuff too. But the world is about to open up and anything is about to be possible. So it will get really easy just to get consumed by all this amazing creativity and this amazing stuff that's about to happen in the world because of AI. And I think that is the trap of not realizing that you could actually be part of that. So, you know, you have to force yourself to create. You've got something.

[Chris Camillo]

That's the hardest thing.

[Sponsor Voice]

And by the way, I think you have to be forced to create something even if no one's watching. And it doesn't even matter. You just got to get. It's kind of like you just, it's like working out. You just gotta to do it. After you do it for like what, five weeks, then you're just, you're just doing it all the time. So you might create junk every day or every week and eventually you're going to figure out what your niche is that you are really passionate about. And it might be something in your career or your job that you can kind of bring to your supervisor and be like, I know how to do this and this is going to solve a problem for us. You have to be part of this ecosystem. You have to learn how to utilize these tools. First you got to learn what the tools are. You got to learn how to use them and just not be intimidated.

Maine where life the way it should be transforms all who encounter its spectacular landscapes. Rugged coastlines, pine scented trails, sandy beaches, sparkling lakes and tranquil forests inspire you to reflect and make meaningful moments. They offer endless opportunities for adventure and exploration. Whether pedaling or paddling, hiking or biking, Maine has more than enough outdoor spaces to make the most of long summer days. Relish in exquisite flavors harvested from the ocean and the rich soils of orchards and fields. Maine's makers are rooted in its heritage while boldly branching into new ways of thinking, doing and being connect with its people in warm and authentic towns which beckon you to stroll art galleries and locally owned shops where generations of artists, writers, entrepreneurs and craftspeople see the world anew. It's tempting to do it all when you visit, but take a beat and a breath, get a feel for the time and tempo of Maine. Simple pleasures. Scenic adventures where every route is the scenic one. Discover more at visitmain.com hi Zoe Saldana.

[Zoe Saldana]

Welcome to T Mobile. Here's your new iPhone 16 Pro on us.

[Customer]

Thanks. And here's my old phone to trade in.

[Zoe Saldana]

You don't need a trade in. When you switch to T Mobile, we'll give you a new iPhone 16 Pro plus we'll help you pay off your old phone. Up to 800 bucks and you still get to keep it.

[Customer]

There's always a trade in.

[Zoe Saldana]

Not right now. @ T Mobile.

[Customer]

I feel like I have to give you something in return for karma.

[Zoe Saldana]

That's okay.

[Customer]

I don't really have much in my purse. Oh, let's see. Hand sanitizer. It's lavender.

[Zoe Saldana]

I'm good. Seriously.

[Customer]

Let me check this pocket. Oh, mints.

[Zoe Saldana]

Really, I'm fine.

[Customer]

Oh, I have raisins. Reasons I'm a mom. Wait, wait one sec. I've got cupcakes in the car.

[T-Mobile Voice]

It's our best iPhone offer ever. Switch to T Mobile, get a new iPhone 16 Pro with Apple intelligence on us. No trade in needed. We'll even pay off your Phone up.

To 800 bucks with 24 monthly bill credits. New line 100 plus a month on experience beyond Finance Agreement 999.99 and qualifying boarded for well qualified plus tax and 10 connection charge. Payout via virtual prepaid. Total of 15 days. Credits ended up balance due if you pay off early or cancel CT mobile.com.

[Chris Camillo]

Chris this is fascinating. I feel like we're just getting started, but I want to wrap things up. Like we haven't even.

[Sponsor Voice]

I feel like everyone is so down and out because of like everything that's going on in the world. Politics, everyone's fighting. We're on our phones too much. We're glued to social media. We can't really do much about a lot of that stuff. Okay. But this new thing that's about to happen is going to open up opportunities for every one of us and you can't just let that go by. Yeah, like there's good. There are good things happening here with AI, with robotics that are going to make our lives way better in a lot of ways, if you're open to them.

[Chris Camillo]

Would you say now is one of the best times to start investing if you've never invested before?

[Sponsor Voice]

For it's always the best time to start investing, quite honestly. There's never a bad time. There's an old saying which is like, time is the most important piece of investing. It's more important to be early than to be great at investing because of the compounding effect of your money. And it's never been easier to invest. Like I said, all these apps and rob, it's like it's so easy. Easy to invest my book and I like it. I think I make like, I used to make like 17 cents when my publisher would sell a book or something. But it's an old book that's laughing at Wall Street. It's like a fourth grader can read it. But it's like the story of my life and how I started investing. And it's like you could be a fourth grader and figure it out. Like I, I explain it that in, in really in a 30 manner. It's great for those that want to go really deep. Like Jack Schwager's book on no Market W. The chapter he wrote on my methodology is really cool.

[Chris Camillo]

What's your guys YouTube channel again?

[Sponsor Voice]

It's Dumb Money Live and I'm really active on X at at Chris Camillo. And this is my entire life is attempting to bridge every human on earth into the investor class. Because it's the only way we're ever going to solve the wealth gap. And I think it's actually solvable. It takes time, but you just have to start someplace. And you could start with like a $10 account, like legitimately start with a $10 account. You just have to start and like it's not taking money away from like your family or your retirement fund. It's just like find money that you wouldn't ordinarily have in your life. Think of it as 100x and then clip coupons, do whatever, do whatever it takes to take. Do an odd job, you know, once a month.

[Chris Camillo]

And this is separate than your retirement. Absolute investments. This is like automate those, optimize those.

[Sponsor Voice]

I call it the big money account. I call Everybody should have a big money account. Wealthy people do, but everyone should have an account where they're willing to invest in risk assets and make it big over a 10, 20, 30 year period.

[Chris Camillo]

But also having accounts that are long term investments safer, 5 to 10% of, you know, whatever it is.

[Sponsor Voice]

Of course you can't have too many investment accounts. Yeah, you just can't. This is everything. This it, like I said, family first and then invest. There's nothing more important in your life that's easy to do. This is not something that's hard to do. You don't have to read any books. You don't have to just literally just putting money in an account. I don't even care if you pick the worst investments, you're gonna kill it over the long term.

Right.

You just have to start and do it and have to believe that you can do it.

[Chris Camillo]

That's beautiful, man.

[Sponsor Voice]

And by the way, I'm, I'm actually like kind of like an idiot. Like I'm not. I, I like the fact that I have accomplished what I have accomplished with my money. Should show any for if you're in my friend network and you've been my friend for 30 years, you know, I'm just basically a big idiot. Like I'm on Tick Tock if you could make it. I'm reading TikTok comments to figure out what the world is buying and what they're doing. I'm connecting the dots to companies. I'm buying them, right? Like, and, and that's, that's literally all I'm doing.

[Chris Camillo]

That's great, man. Chris, I, I want people to go follow your stuff. Chris Camillo on X Dumb Money Live.

[Sponsor Voice]

On YouTube and then Dumb Money TV is all the stuff. Because you know, like for a lot of people, like they don't want to like sit through an hour. YouTube, we do cuts and we throw them on Tick Tock, we throw them on Instagram. Like whatever you're me, whatever place you're hanging out at, just subscribe and we'll throw you a little. The highlight clips from all the little things we talk.

[Chris Camillo]

There you go. That's it. I love it. Chris, I got one final question for you before I ask. Thank you for sharing all this information because I think people are overwhelmed with trying to navigate again the economy, the news, the stock market, the terrorists. I think people are just overwhelmed and living more in fear, emotional fear and also just kind of like mentally blocked of not knowing how to take action. There's so much information, so much noise, too many opportunities, not enough opportunities and people just don't act. And so I appreciate you simplifying and showing us and showing us the possibility of the future by acting now, we will gain in the future as long as we continue to have resourcefulness, as long as we continue to know that when you invest $100, it could go down to $30 at any moment and be aware and be able to navigate the emotional range of that. Because I think that's the biggest thing for a lot of people feel stuck and not taking action is they don't want to work hard to make put a hundred dollars away and then see it go down to 30.

[Sponsor Voice]

Well, listen, some of the most important things in life are setting proper expectations. Yes, for relationships, for jobs, for everything in life. It's no different here. You have to have appropriate expectations for the ups and downs of what investing is, but ultimately for what throughout all of the last hundred years, what it has resulted in, which is kind of like we've never. You've never been able to lose in our lifetime as an investor.

[Chris Camillo]

Over the long term.

[Sponsor Voice]

Over the long term. Now maybe that changes, but again, if that changes, we have way bigger problems to worry about.

[Chris Camillo]

Exactly.

[Sponsor Voice]

The last thing you're going to be worried about, it's your investment account, I promise you.

[Chris Camillo]

Right, exactly. Chris, final question for you. What is your definition of greatness?

[Sponsor Voice]

I don't know. I guess greatness is just, I mean, I don't know, having a goal, like knowing what you want and then going for it. Right. That's just like. No regrets.

[Chris Camillo]

Yeah.

[Sponsor Voice]

I think just, you know, like for me, I get so much fulfillment because I know what I'm. What I want and I'm going for it.

Right.

And I don't even care. I don't care how it ends up.

Right.

But like, you just, you just have to, as long as you're living your life doing what you want to do, ultimately do Right. With. With no regrets. Like I always say, like, I have everything that I want. I don't want anything more except that that's personal for me. Everything I do for me is for my foundation, which benefits pediatric care. So I'm focused on leukemia, cancer, autism and animal welfare. And I think I'm going to add elder care, my foundation. Interesting. But everything I'm doing is for that. So like, that's my objective in my. And that's why I'm still trading as aggressively as I am, because I'm trying to build that to a billion dollar foundation. So no matter how it ends up, I know that, like I'm. I know what I want out of life and I'm treading towards it. All right, that's cool. No regrets without being afraid without. Because we're all gone soon anyway. Right? So just, just have it. Just have a. Have a mission. Figure out what your mission is. And as long as you figure out what that mission is and if you start moving towards it, like you're pretty fulfilled, I think.

[Chris Camillo]

Yeah.

[Sponsor Voice]

Because you don't have the regrets. The regrets are what kill us.

Right.

[Chris Camillo]

That's it. Yeah. Chris, thanks for being here, man. Appreciate it.

[Sponsor Voice]

Thank you. You.

[Chris Camillo]

I have a brand new book called Make Money Easy. And if you are looking to create more financial freedom in your life, you want abundance in your life and you want to stop making money hard in your life, but you want to make it easier, you want to make it flow, you want to feel abundant, then make sure to go to make moneyeasybook.com right now and get yourself a copy. I really think this is going to help you transform your relationship with Money this moment. Moving forward.

[Lewis Howes]

I hope you enjoyed today's episode and it inspired you on your journey towards greatness. Make sure to check out the show notes in the description for a full rundown of today's episode with all the important links and if you want weekly exclusive bonus episodes with me personally as well as ad free listening, then make sure to subscribe to our greatness+channel exclusively.

[Sponsor Voice]

On Apple Podcast Podcast.

[Lewis Howes]

Share this with a friend on social.

[Sponsor Voice]

Media and leave us a review on.

[Lewis Howes]

Apple Podcasts as well. Let me know what you enjoyed about.

[Sponsor Voice]

This episode in that review.

[Lewis Howes]

I really love hearing feedback from you and it helps us figure out how we can support and serve you moving forward. And I want to remind you if no one has told you lately that you are loved, you are worthy, and you matter and now it's time to go out there and do something great.

[Sponsor Voice]

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