Latest / Earn Your Leisure / The Wrap Up: Why Microsoft is the Stock of the Decade

Transcript

The Wrap Up: Why Microsoft is the Stock of the Decade · Earn Your Leisure

• 0:00
  Speaker 1: You just realized your business needed to hire someone yesterday.
• 0:04
  Speaker 1: How can you find amazing candidates fast? Easy? Just use Indeed.
• 0:09
  Speaker 1: Stop struggling to get your job posts seen on other
• 0:12
  Speaker 1: job sites. With Indeed sponsored jobs, your post jumps to
• 0:16
  Speaker 1: the top of the page for your relevant candidates, so
• 0:19
  Speaker 1: you can reach the people you want faster. According to
• 0:22
  Speaker 1: Indeed data, sponsored jobs posted directly on Indeed have forty
• 0:26
  Speaker 1: five percent more applications than non sponsored jobs. Don't wait
• 0:30
  Speaker 1: any longer, speed up your hiring right now with Indeed,
• 0:33
  Speaker 1: and listeners of this show will get a seventy five
• 0:36
  Speaker 1: dollars sponsored job credit to get your jobs more visibility
• 0:39
  Speaker 1: at indeed dot com slash pod Katz thirteen. Just go
• 0:45
  Speaker 1: to Indeed dot com slash pod Katz thirteen right now
• 0:50
  Speaker 1: and support our show by saying you heard about Indeed
• 0:53
  Speaker 1: on this podcast. Terms and conditions apply. Hiring Indeed is
• 0:57
  Speaker 1: all you need.
• 0:58
  Speaker 2: So let's get into this conversation.
• 1:00
  Speaker 3: The first thing that I want to start with is
• 1:03
  Speaker 3: a company that is near and dear to our hearts.
• 1:06
  Speaker 3: Ian Ian's has been pre chating this company for a
• 1:10
  Speaker 3: long time. So last week Microsoft made news by surpassing
• 1:15
  Speaker 3: Apple and now has the largest market cap out of
• 1:19
  Speaker 3: any country. So I think is a company company company
• 1:23
  Speaker 3: is like a country or a lot of countries if
• 1:26
  Speaker 3: it's like two point six trillion dollars in market cap. So,
• 1:31
  Speaker 3: and you know, I made a post about how the
• 1:33
  Speaker 3: stock has gone up since last year. It's up sixty percent.
• 1:37
  Speaker 3: It's up like thirty percent in the last six months.
• 1:39
  Speaker 3: Over the last ten years, Microsoft stock is up eleven
• 1:42
  Speaker 3: one hundred percent. Of course, you know, Shout the nineteen
• 1:44
  Speaker 3: Keys talked about the HoloLens of Microsoft, and now we're
• 1:48
  Speaker 3: talking about metaverse things.
• 1:49
  Speaker 4: Stvery episode. If you guys haven't seen.
• 1:50
  Speaker 2: It classic, it's actually a classic.
• 1:52
  Speaker 3: So I think I have to say it still surprises
• 1:55
  Speaker 3: me that people overlook Microsoft and they always they don't
• 1:58
  Speaker 3: give Microsoft, I don't think enough credit. So can we
• 2:02
  Speaker 3: talk about Microsoft? What does this mean? And why don't
• 2:05
  Speaker 3: people fully appreciate Microsoft.
• 2:09
  Speaker 5: It's pretty bland, right, It's like the old consistent company
• 2:14
  Speaker 5: that never goes away, that just keeps innovating and keeps winning.
• 2:17
  Speaker 5: And so it's it's easy to say, like, oh, I
• 2:19
  Speaker 5: don't want to pay goods and they're always winning, but
• 2:21
  Speaker 5: you should because this is staple and we said this,
• 2:23
  Speaker 5: we told people, you know, I think we gave them
• 2:25
  Speaker 5: a year warning. We said this is going to be
• 2:26
  Speaker 5: the stock of twenty twenty one, said the decade, and
• 2:30
  Speaker 5: they laughed. I know, I said twenty twenty like this
• 2:33
  Speaker 5: is it, and I'm like, look, this is going to
• 2:35
  Speaker 5: be it if you look at what they did last quarter,
• 2:37
  Speaker 5: right A Zori and I want to pronounce.
• 2:39
  Speaker 4: It, right? Is it Zori Zorayeah?
• 2:42
  Speaker 5: They were up just the cloud service right because a
• 2:44
  Speaker 5: lot of people don't really underestimate what cloud services do
• 2:47
  Speaker 5: for a company, like what what AWS does for Amazon
• 2:50
  Speaker 5: A Zori does for Microsoft. It was up forty seven
• 2:52
  Speaker 5: percent this quarter, forty seven percent more than Google, which
• 2:56
  Speaker 5: has YouTube, right forty seven percent. The revenue is out
• 3:00
  Speaker 5: of this world. But the reason and I'll let you
• 3:03
  Speaker 5: talk about Microsoft, but we got to go into the
• 3:05
  Speaker 5: reason why maybe surpass them because a couple companies missed there.
• 3:09
  Speaker 6: So I'll go into that after you talking. You got
• 3:12
  Speaker 6: people have to realize and we talked about it with
• 3:15
  Speaker 6: Nigerian and perception. People try to brand Microsoft as a
• 3:18
  Speaker 6: boring company because of the Bomber years. You can make
• 3:22
  Speaker 6: your argument after Tim Cook, Microsoft probably has the second.
• 3:26
  Speaker 4: Best CEO in all of tech.
• 3:29
  Speaker 6: I think that Microsoft will eventually have the number one
• 3:32
  Speaker 6: cloud company. They in five or ten years, there'll be
• 3:34
  Speaker 6: number one in healthcare. And as this race we talk
• 3:37
  Speaker 6: about later in the metaverse, he's up. They're going to
• 3:41
  Speaker 6: be prime to take that space over as well. And
• 3:43
  Speaker 6: they haven't even announced their cryptocurrency project. This is like
• 3:46
  Speaker 6: the moment for the culture when Jay came out with
• 3:49
  Speaker 6: Hard Knock Life and everybody woke up and was like,
• 3:51
  Speaker 6: whoa biggie wasn't next to him? Okay, this is like
• 3:56
  Speaker 6: their Hard Knock Life moment. They haven't even made Blueprint
• 3:59
  Speaker 6: one Black album yet.
• 4:01
  Speaker 4: With their crypto project.
• 4:02
  Speaker 6: I've been screaming two tech, two Index, Apple and Microsoft
• 4:05
  Speaker 6: forever and even during the Bomber years when it was flat,
• 4:09
  Speaker 6: that was a great time to build a base. I'm
• 4:11
  Speaker 6: looking at the chart now. In twenty sixteen it was
• 4:14
  Speaker 6: at fifty seven dollars and twenty eight cent is now
• 4:16
  Speaker 6: at three twenty seven. They have thirty one percent for
• 4:19
  Speaker 6: the year for a trillion dollar market cap company.
• 4:23
  Speaker 4: Write this down.
• 4:24
  Speaker 6: Best strategy is to invest in the number one player
• 4:27
  Speaker 6: in the space. So number one crypto, number one real
• 4:30
  Speaker 6: estate company, number one cloud, number one Tech, number one fintech.
• 4:35
  Speaker 6: That's an easy formula to use, and Microsoft is not
• 4:37
  Speaker 6: going to give up this position anytime soon.
• 4:40
  Speaker 4: One of the greatest of all time.
• 4:42
  Speaker 5: With our question, that's why I like that analogy who's
• 4:45
  Speaker 5: the best MC's bigge jy Z and NAS And I
• 4:46
  Speaker 5: was like, wait, who jay Z?
• 4:48
  Speaker 4: Yeah, jay Z's been here. Yeah, so it's been here.
• 4:51
  Speaker 5: NAS has been here for some piece of big But yeah,
• 4:53
  Speaker 5: I mean, like, like you said, it's something that works
• 4:56
  Speaker 5: so well that people doubt it, and it's been working
• 4:59
  Speaker 5: so well, it's like, yeah, why would we invest in that?
• 5:01
  Speaker 4: But we talked about there.
• 5:02
  Speaker 6: I've never seen people turn down an easy thirty five
• 5:05
  Speaker 6: percent in my life. I know everyone wants the ones
• 5:08
  Speaker 6: to shoot up a thousand, but you don't want to
• 5:10
  Speaker 6: risk associated with and if you've invested in this.
• 5:15
  Speaker 5: This episode is brought to you by P and C Bank.
• 5:17
  Speaker 5: A lot of people think podcasts about work are boring,
• 5:20
  Speaker 5: and sure they definitely can be, but understanding of professionals
• 5:24
  Speaker 5: routine shows us how they achieve their success little by little,
• 5:28
  Speaker 5: day after day. It's like banking with P and C Bank,
• 5:32
  Speaker 5: it might seem boring to save plan and make calculated
• 5:35
  Speaker 5: decisions with your bank, but keeping your money boring is
• 5:38
  Speaker 5: what helps you live or more happily fulfilled life. P
• 5:41
  Speaker 5: and C Bank Brilliantly Boring since eighteen sixty five. Brilliantly
• 5:46
  Speaker 5: Boring since eighteen sixty five is a service mark of
• 5:49
  Speaker 5: the PNC Financial Service Group, Inc. P and C Bank
• 5:52
  Speaker 5: National Association Member FDIC.
• 5:58
  Speaker 4: Ernest What's up?
• 5:58
  Speaker 5: You ever walk into a small business and everything just
• 6:01
  Speaker 5: works like The checkout is fast, the receipts are digital,
• 6:05
  Speaker 5: tipping is a breeze, and you're out the door before
• 6:08
  Speaker 5: the line even builds odds are they're using Square. We
• 6:12
  Speaker 5: love supporting businesses that run on Square because it just
• 6:15
  Speaker 5: feels seamless. Whether it's a local coffee shop, a vendor
• 6:18
  Speaker 5: at a pop up market, or even one.
• 6:20
  Speaker 4: Of our merch partners.
• 6:21
  Speaker 5: Square makes it easy for them to take payments, manage inventory,
• 6:25
  Speaker 5: and run their business with confidence, all from one simple system.
• 6:30
  Speaker 5: If you're a business owner or even just thinking about
• 6:32
  Speaker 5: launching something soon, Square is hands down one of the
• 6:35
  Speaker 5: best tools out there to help you start, run, and grow.
• 6:39
  Speaker 5: It's not just about payments, it's about giving you time
• 6:42
  Speaker 5: back so you can focus on what matters most ready
• 6:45
  Speaker 5: to see how Square can transform your business. Visit Square
• 6:49
  Speaker 5: dot com backslash, go backslash eyl to learn more that
• 6:53
  Speaker 5: Square dot Com backslash, go backslash eyl. Don't wait, don't hesitate.
• 6:59
  Speaker 5: Let Square handle the back end so you can keep
• 7:01
  Speaker 5: pushing your vision forward.
• 7:05
  Speaker 7: With Robinhood, not only can you trade individual stocks and ETFs,
• 7:09
  Speaker 7: you can also seamlessly buy and sell crypto at low costs.
• 7:13
  Speaker 7: Trade all in one place. Get started now on robin
• 7:16
  Speaker 7: Hood Trading. Crypto involve significant risk. Crypto trading is offered
• 7:19
  Speaker 7: through account with the Robinhood Crypto LC. Robin Hunt Crypto
• 7:21
  Speaker 7: is license to engage in virtual currency business activity by
• 7:23
  Speaker 7: the New York State Department of Financial Services, Crypto Health
• 7:25
  Speaker 7: thro robin Hood Cryptos not FDSC insured or SIPC protected.
• 7:28
  Speaker 7: Investing in volves risk, including.
• 7:29
  Speaker 4: Loss of principle Securities.
• 7:31
  Speaker 7: Trading is offered through an account with robin Hood Financial
• 7:33
  Speaker 7: LLC member SIPC, a registered broker dealer.
• 7:35
  Speaker 6: For three or four years. Like you're looking at one
• 7:37
  Speaker 6: hundred percent return for doing nothing?
• 7:39
  Speaker 2: Like literally you.
• 7:40
  Speaker 6: Put your money on Microsoft, Please put it in chat.
• 7:42
  Speaker 6: If you've invested in Microsoft, have you ever woke up
• 7:45
  Speaker 6: and been worried about your money.
• 7:46
  Speaker 4: I know I haven't. I know I haven't not once
• 7:51
  Speaker 4: yeah once.
• 7:53
  Speaker 3: And Microsoft the heavy backer of XLM seller lumis.
• 7:58
  Speaker 2: Yes, we talked about it that last week.
• 8:01
  Speaker 3: So yeah, when you look at the company, you gotta
• 8:03
  Speaker 3: look at all this other verticals that is that's involved
• 8:06
  Speaker 3: with and Microsoft one of these companies that it's not
• 8:11
  Speaker 3: the most exciting company in the world.
• 8:12
  Speaker 2: I'll be honest.
• 8:13
  Speaker 3: It has nowhere near the level of excitement that like
• 8:16
  Speaker 3: Apple has. It's like Apple is like Nike and Microsoft
• 8:20
  Speaker 3: is like rebound, Like, let's do it. I'm just saying
• 8:23
  Speaker 3: it's level with excitement. Nobody's excited.
• 8:26
  Speaker 4: Yeah, but you still got that you got something.
• 8:28
  Speaker 6: There are more There are more people excited over Sweetie
• 8:32
  Speaker 6: than they were Michelle Obama. But Michelle Obama is more
• 8:36
  Speaker 6: pieces and soul.
• 8:38
  Speaker 2: You have to.
• 8:40
  Speaker 6: We're recording one of your face, So Hi, so.
• 8:44
  Speaker 4: Special go The only way if.
• 8:52
  Speaker 6: I can make the argument that Microsoft hasn't branded themselves
• 8:56
  Speaker 6: or rebranded themselves as sexier, so they can slowly take over,
• 9:01
  Speaker 6: because if it wasn't for those Bamber years, that there
• 9:03
  Speaker 6: would be no Apple. Like Bamber, I don't want anybody
• 9:07
  Speaker 6: to go to jail, but he should be jailed for
• 9:09
  Speaker 6: how bad his performance was while he was CEO of Apple.
• 9:13
  Speaker 6: And we have to look at the founder. Steve was
• 9:17
  Speaker 6: not better than Bill. They got ahead because Tim took
• 9:20
  Speaker 6: over and Tim had an easier competitor in comparison. But
• 9:23
  Speaker 6: if you look at Microsoft CEO in his beginnings, the
• 9:26
  Speaker 6: humble beginnings, all the focuses on being better and not
• 9:30
  Speaker 6: on the flashiness of.
• 9:33
  Speaker 4: The company.
• 9:33
  Speaker 6: Microsoft is what Tesla, what people want Tesla to be
• 9:36
  Speaker 6: for sure?
• 9:37
  Speaker 4: Yeah, Tesla wow.
• 9:39
  Speaker 2: Yeah.
• 9:40
  Speaker 5: And so the reason and I wanted to talk about
• 9:42
  Speaker 5: that really quickly, the reason why it became the number
• 9:44
  Speaker 5: one company as far as market cap is because Apple
• 9:47
  Speaker 5: missed on his urge.
• 9:48
  Speaker 4: And so we talked about Apple and some of the things.
• 9:50
  Speaker 5: But I want to put things into context, right when
• 9:53
  Speaker 5: when people are talking about missing on revenue, they're really
• 9:56
  Speaker 5: just missing on expectations that somebody has put out, like
• 9:58
  Speaker 5: Wall Street has put out in expectation. But if you
• 10:00
  Speaker 5: really peel back the numbers, right, I'm gonna run down
• 10:02
  Speaker 5: to listen to this, all right, So the revenue was
• 10:05
  Speaker 5: up twenty nine percent year over year. The iPhone numbers
• 10:08
  Speaker 5: were up forty seven percent year over year. The service
• 10:11
  Speaker 5: numbers were up twenty five percent year over year. The
• 10:13
  Speaker 5: MacBook numbers were only up one point six percent year
• 10:16
  Speaker 5: over year. Obviously we know what the supply chain issues
• 10:19
  Speaker 5: that you know that that plays a major.
• 10:21
  Speaker 4: Role in it.
• 10:21
  Speaker 5: And then the iPad numbers were up twenty one percent
• 10:24
  Speaker 5: year over year. So the numbers are still increasing. So
• 10:26
  Speaker 5: people are like, wait, miss this numbers? Should we not
• 10:28
  Speaker 5: be investing in Apple? No, no, folks, that's not what
• 10:31
  Speaker 5: this means. Don't ever not invest in Apples?
• 10:33
  Speaker 2: Wrong?
• 10:34
  Speaker 5: No, Yeah, these companies are amazing companies. Yes, there will
• 10:39
  Speaker 5: be times when they will miss in a quarter. This
• 10:41
  Speaker 5: is one of those times. The same thing with with
• 10:42
  Speaker 5: with Amazon. Yeah, amazonssag that like.
• 10:46
  Speaker 6: Two Jordans and ninety six jordan on the same team
• 10:49
  Speaker 6: if they missed one shot, are you swapping them out
• 10:51
  Speaker 6: for Tim harderway like the shout of Tim hardaware, But
• 10:54
  Speaker 6: you're not going to change them no matter what. So
• 10:57
  Speaker 6: going back, I know we haven't done in a while
• 10:58
  Speaker 6: with the basketball or that knowlogy, But if I can
• 11:00
  Speaker 6: get the best three players of all time, I'm not
• 11:04
  Speaker 6: gonna move. I don't care what comes on the court
• 11:07
  Speaker 6: or what's available. Those are going to produce a year
• 11:09
  Speaker 6: over year month after month. And for you business owners,
• 11:12
  Speaker 6: I keep telling you who's going to produce more money
• 11:16
  Speaker 6: for your company consistently? Apple, Microsoft, Tesla or the employees
• 11:20
  Speaker 6: and consultants that you have. Now you know the answer,
• 11:23
  Speaker 6: like I know the answer unless you got the kind
• 11:25
  Speaker 6: of infrastructure that we have.
• 11:27
  Speaker 4: Apple.
• 11:27
  Speaker 6: Microsoft's crazy.
• 11:31
  Speaker 3: My graduates from my school being forced.
• 11:34
  Speaker 2: Back drop bag drop, Mike, drop backdrop.
• 11:50
  Speaker 8: Coach, The energy out there felt different. What changed for
• 11:53
  Speaker 8: the team today?
• 11:54
  Speaker 7: It was the new game day scratches from the California
• 11:56
  Speaker 7: Lottery players everything.
• 11:58
  Speaker 2: Those games sent the team's energy through.
• 11:59
  Speaker 8: The Are you saying it was the off field play
• 12:02
  Speaker 8: that made the difference on the field.
• 12:03
  Speaker 6: Hey, little play makes your day, and today it made
• 12:06
  Speaker 6: the game. That's awfu Now, Coach.
• 12:08
  Speaker 8: One more question played the new Los Angeles Chargers, San
• 12:11
  Speaker 8: Francisco forty nine Ers and Los Angeles Rams scratchers from
• 12:14
  Speaker 8: the California Lottery. A little play can make your day.
• 12:17
  Speaker 8: Peace play responsibily. Must be eighteen years or older to
• 12:19
  Speaker 8: purchase plate or claim