Latest / Success Story with Scott Clary / Kam Dasani - Strategic Investor & Trader | Why Everything You Were Taught About Money Is Keeping You Poor

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Kam Dasani - Strategic Investor & Trader | Why Everything You Were Taught About Money Is Keeping You Poor · Success Story with Scott Clary

• 0:00
  Retirement plans don't actually retire you, and that's the irony.
• 0:02
  I've never spoke to a super successful person that's actually where I want to be that said,
• 0:06
  yeah, man, like the 401k got me exactly where I needed to go.
• 0:09
  What if the life you're chasing was built on rules you were never meant to follow?
• 0:14
  Cam D'Assani has built his path by rejecting convention and stepping into spaces where most people
• 0:20
  hesitate. I lost 215 minutes getting robbed at gunpoint with automatic rifles,
• 0:24
  because in that moment, dude, the way it feels to be honest with you is like,
• 0:27
  let's just not die. Those are the four words, like let's just not die. Just lay down,
• 0:31
  waited, was gone, they drove off, and I'm like, okay, I'm broke. When I was broke, I took new risk.
• 0:35
  That's what the problem with people is, is that once they take a risk and lose,
• 0:39
  they do not risk again and wonder why things don't work out for them.
• 0:43
  He's focused on building, scaling, and moving where opportunity actually exists.
• 0:48
  From navigating high stakes environments to building in competitive spaces,
• 0:52
  he's learned one thing. Opportunity doesn't wait and neither should you.
• 0:56
  The reason I make three to five million a year after losing 200k is because I almost lost my
• 1:01
  life. The American investment middle-class system is built for YouTube fail because you do not
• 1:07
  have a lot of money. The bank is taking your money and doing riskier things like trading options
• 1:11
  and kicking you back the dog.
• 1:13
  Cam, first of all, thanks for coming on and thanks for coming down to Miami. I want to start with
• 1:28
  this idea. I've listened to a couple podcasts you've been on. You speak about 401k's,
• 1:34
  S&P 500's, index funds. You believe the entire financial system that most Americans trust
• 1:40
  for their future is designed to keep them working until 65 to access their own money.
• 1:45
  You believe that it's not meant to actually help them. That's a super serious claim.
• 1:50
  Walk me through why you believe that.
• 1:52
  Yeah, so retirement plans don't actually retire you and that's the irony.
• 1:57
  So I've never spoke to a super successful person that's actually where I want to be that said,
• 2:01
  yeah, man, like the 401k got me exactly where I needed to go. Or yeah, man, I just put my money in
• 2:06
  index funds and that's how I got rich. So the reality is understanding index funds do work,
• 2:11
  but only if you already have a lot of money or you're willing to wait forever. So you need to
• 2:16
  understand that there's a difference between wealth preservation and wealth acceleration.
• 2:21
  The American system teaches you to accelerate wealth, quote-unquote, through wealth preservation
• 2:28
  tactics, meaning yeah, if I put my money in S&P, I'll do 7% a year. But if I have 10 grand,
• 2:36
  what is 7% a year? You're not making a lot of money. You're not changing your life.
• 2:40
  Even if you compound over and over and over again, 23 grand a year, the max you can put in your 401k,
• 2:47
  it doesn't come out to that much when you're 65 to retire and live off of forever.
• 2:53
  So the retirement plan doesn't retire you. The people that set up the system
• 2:58
  are doing riskier things and more profitable things with your money and kicking you back the dog.
• 3:04
  I was reading your story just to prep a little bit for this and you were making $250,000 a year
• 3:09
  in Silicon Valley. So obviously very young as a career, that's a great career. It resonated a lot
• 3:15
  with me because I was making a lot of money young, working for companies, but I never saw a viable
• 3:22
  path to retirement. Now, today I have a much different view on what retirement should be,
• 3:26
  but I never figured out, okay, how do I live the same life that like my dad lived when he worked
• 3:31
  for the government, had a pension, retired Canadian, so different than 401k, but same concept.
• 3:37
  I don't think that that retirement path is available to many people anymore because they depend
• 3:41
  on their 401k's and they don't have these guaranteed pensions that companies used to offer,
• 3:45
  which they don't anymore. So your story actually resonated a lot because it's the same,
• 3:50
  it's the same thought process that I went through when I quit corporate, but talk to me about your
• 3:56
  story. So you're making $250,000 a year in Silicon Valley, obviously working in tech.
• 4:03
  This is everything your parents wanted for you and you still left.
• 4:07
  Just to go back to like 2017, first job out of college is at a company called Veeam,
• 4:11
  so V-E-E-M, FinTech, Blockchain Payments Company, basically a B2B software company.
• 4:19
  Goldman Sachs and Google were investors. They eventually raised a hundred million,
• 4:26
  so we all got paid. That's where the tech money's coming from. It's coming from valuations that
• 4:32
  may or may not be real, meaning Veeam is unprofitable. I can say that. It's true, I was there,
• 4:39
  but they raised a hundred million, and maybe today they may be, but if I were to bed based on what
• 4:44
  was happening there, I think they kind of all went back to Canada. No, no shady Canada,
• 4:49
  but like they came to SF and then they left. The point is they are a Canadian company.
• 4:54
  They are. I know them. They had an office in Toronto. That's what I'm saying.
• 4:59
  So the point is I was there and I was like, okay, everybody's telling me to do this,
• 5:05
  but nobody's where I want to be. And I'm 22 and my colleagues are like 30,
• 5:11
  and they're like, yeah, man, max out the 401k, S&P 500, don't do Bitcoin. Bitcoin was just
• 5:18
  becoming a thing. My sales manager though was a little bit different. So he was connected
• 5:22
  with a lot of people that worked at Goldman, bankers, hedge fund guys, because Goldman Sachs was
• 5:26
  an investor. So I started to meet those people through him. And I was like, okay, why is Steven,
• 5:33
  shout out to Steven, by the way, why is Steven making so much money outside of this company?
• 5:39
  And it's because he's doing things that no one else is doing. So he's telling me about Bitcoin
• 5:43
  and Ethereum. He's telling me about trade. He's not even telling me about trading options. He's
• 5:48
  trading on Robinhood. And I'm confused. I'm like, are you day trading? Because that's the term,
• 5:52
  right? Day trade, day trade. And he's like, no, no, I swing trade. I'm like, what is that? He's
• 5:57
  like, well, I can't day trade because you know, we have calls and we're busy. So it's really hard
• 6:00
  to do, but I can swing trade, which means I can enter a trade and then not worry about it for that
• 6:06
  day. I can worry about it the next day. I can worry about it the following day. I can worry about
• 6:11
  it two weeks from now. I can worry about it three months from now. That's what a swing trade is.
• 6:15
  It's a swing over time. So how I can explain this to a beginner is you can put $10,000 in
• 6:23
  Tesla stock today and wait. And it won't do much for you. Pretty much ever. Like it might in 20
• 6:29
  years, because everyone that has a common sense, anybody that has common sense knows Elon Musk is
• 6:34
  smart. Tesla is a good company. There are electric cars everywhere. Let's buy Tesla stock.
• 6:39
  The market's not going to reward you for that because you're not that smart. Anybody knows that.
• 6:43
  The market rewards you for making specific predictions in the stock market, which is why people
• 6:49
  that work at Goldman and companies like Goldman Sachs are making way more money than you because
• 6:54
  they are trading in that way. They're making predictions about what's going to happen in the stock
• 6:59
  market. Specific. Let me give you an example. Tesla $500 call April 18th expiration.
• 7:08
  That means Tesla is going to go to $500 by April 18th at the latest. Now that's just a random,
• 7:13
  I just made that up. But the point is that's the format. I'm making a very specific prediction.
• 7:16
  So to get back to the story, I saw Stephen doing this and he's making a couple of grand here,
• 7:20
  a couple of grand there. He's like, can also people are going to like talk shit about this Bitcoin
• 7:24
  thing? Just buy it, keep buying it whenever you can, like whenever you have extra money,
• 7:29
  and just like wait five years, please. And I'm like, okay, I put 20 grand in a Bitcoin up 4K.
• 7:36
  Price point. My dad is like, I tell my dad about it excited. My dad goes, you fucking idiot.
• 7:41
  Oh, can I cost you? Okay. What are you doing? Like, he's a PhD like AI engineer.
• 7:46
  It actually works with us now, which is ironic. That is ironic. Built up one of our algorithms.
• 7:51
  But super smart guy PhD like, but he couldn't see that vision. And I could. I was like,
• 7:58
  Stephen knows something these other guys don't. That's so interesting. And that's how you get tapped
• 8:02
  into opportunity. It's network. My uncle, who's my mom's brother, invested, sorry, not invested,
• 8:08
  made six million on pre IPO Uber shares. You think people can just walk into Uber and say,
• 8:13
  I'd like to get pre IPO shares. No, it's because he was in real estate leasing the buildings to
• 8:19
  these tech companies, meeting the founders. So it's who you know that gets you the opportunities
• 8:24
  that are too good to be true. So you're making good money. He's making a little bit of money on
• 8:29
  the side. Obviously, it's cool for you to learn to invest. But what was the thing that made you say,
• 8:35
  I'm going to completely sort of rework my view on what career is on what life is and quit my job.
• 8:42
  And then become an entrepreneur, become a trader, become a full time investor. Because that's
• 8:46
  much different than what he was doing. He was just doing this shit on the side. And by the way,
• 8:49
  he's still doing it on the side. And I would even say it's better than most people who just depend
• 8:54
  on their company for retirement. Correct. So Stephen, actually, he still makes 300. Well, at that point,
• 9:00
  he was making 150. And I was making 120, which when I was 22 years old, I'm 31 now. That was great
• 9:06
  money. Now he makes 300 ish. Like, I know his title and stuff and where he works. But like,
• 9:12
  he's not full time. He still does this part time and makes an extra six figures doing this.
• 9:16
  Like, he's very good at it now. So this is not supposed to be a job replacement. If you don't
• 9:22
  want it to be, this is supposed to be a part time trading strategy. Okay. The problem is people
• 9:28
  try to trade full time, which is why 99% of people fail. They say 99% of people fail trading.
• 9:34
  Well, yeah, because you're doing a full time trading strategy day trading is a full time trading
• 9:38
  strategy. You need to watch this shit like a hawk. I see these guys. They go for they go for
• 9:42
  breakfast with me. They have their computers out. That's my point. You can't do that while
• 9:46
  working to W2. So I was fortunate enough to be introduced to a trading strategy that actually
• 9:51
  made sense for my life and then continue to do it for years. So even just to like, if people are
• 9:57
  watching right now, I'm going to log into my account and just see like, I'm doing this live.
• 10:02
  Okay, we're up to grand today. Okay. Now, is it a screenshot? No, the numbers are moving.
• 10:06
  Like, is it a screenshot? Do I really a lot of shit? No, no, no, they don't. I just know no
• 10:12
  other traders can actually show this. So this is the year, right? We have multiple accounts.
• 10:17
  And this is like a fresh account that I grew to 83K this year. So this year. So let's look if
• 10:23
  that's true. One week, 15 grand. Is that true? False. That's true.
• 10:28
  This isn't a lot of numbers on a screen. Explain what you're actually doing here. So this is a
• 10:31
  brand new Robinhood account. A brand new Robinhood account means I grew this this year from 10K
• 10:39
  to this number 82. And it's fluctuating. Now, for how did I do that? Through options trade. So
• 10:45
  if I scroll down, you can see a lot of options trade. Some are in the green, some are in the red.
• 10:51
  But the ones in the red are not over. That's what people don't understand. For example, Bitcoin is
• 10:55
  down right now compared to an all time high. If somebody came to your door with a Ferrari and
• 11:00
  said, hey, this is a brand new Ferrari for Portofino, it's 50K. Do you want it? You would say yes
• 11:04
  because you know it's going to sell for 200. So that's the logic. Now, just for people that think
• 11:10
  it's too good to be true. One month, look, we're only up 2K. This is why this is important.
• 11:16
  Trading is not about month to month income. It's about quarterly and yearly income. Can you win
• 11:22
  on a quarterly? That's why I showed you three months. We're up 40K. But I'm only up 2K in one
• 11:30
  month because we're waiting on positions to come true. So I sit and I have multiple accounts
• 11:36
  testing different theories. So once I'm right and different strategies, I can introduce those to
• 11:41
  my clients. You're showing that you know what you're actually doing and it's actually working in
• 11:44
  this real money and a real Robinhood account. So now go into the so just for people that have never
• 11:49
  traded before. So you're talking to a wide variety of people. But a lot of people that listen to
• 11:55
  this are more entrepreneurial. So they probably invest to a degree. I'm sure I should actually survey
• 12:01
  but I'm sure most people listen to podcasts that are into Bitcoin and crypto and they mess around
• 12:06
  with at least some investment strategy. So what that is doing is you are betting on a potential
• 12:12
  future outcome. But it could be a month out. It could be two months out. But there's levels to
• 12:18
  this shit because you can also I see this shit on my coin base. On my coin base, I see people
• 12:22
  doing like Bitcoin 15 minute futures. That's Bitcoin futures. Yeah. Explain the differences because
• 12:28
  of somebody because even myself, I think I'm not too stupid. I still don't understand all the
• 12:33
  different options that there are out there. Options. Yeah, exactly. And I think that that's what
• 12:38
  confuses people and screws people over because when they think about trading and they think about
• 12:43
  a potential future event, then you could say, well, how can you predict the future and what happens
• 12:48
  if I get it wrong? And is it just a matter of like hopefully making so many bets that the majority
• 12:55
  of them work out, even if some of them don't work out? So just walk through somebody who's never
• 12:59
  done anything except put money into an asset and held it. Because I think that's probably where most
• 13:04
  people are there. Most of my clients are there. So that's me, for example. Yeah. There's a hierarchy
• 13:09
  to invest in the markets. There is the 401k and S&P, which you'll get 7% a year after inflation
• 13:16
  forever. There is buying and holding stocks, which if you bought Tesla in 2018 and waited till today,
• 13:22
  do the math, you put 10 grand in 2018 and waited till today. That's eight years. You would have
• 13:28
  made 150k, but you have that long to tie up 10k. Some people don't, but that's a great return in eight
• 13:34
  years still. Okay, but that's Tesla. Other stocks didn't do that. Other big stocks didn't do that.
• 13:40
  There was an 11 year timeline on Nvidia. You would have made one million if you put, I think,
• 13:44
  like 10k or 50k or something. Yeah. So it just like you don't know, right? Then there is,
• 13:53
  let's talk about the categories because you brought up like crypto and Bitcoin and stuff.
• 13:56
  There's crypto and Forex. The reason I put those in the same category is because they're
• 14:01
  unregulated industries for the most part, which means even, I'm not going to say his name because
• 14:08
  he didn't say it on the pod yesterday, but I was on the pod yesterday and he said, bro, I lost a
• 14:11
  lot of money and a crypto thing. And I'm like, yeah, a lot of people have because the people can
• 14:15
  screw you over, meaning the projects are small so they can rug pull. You can't rug pull Tesla.
• 14:21
  Yeah, you can't rug pull meta. And we've all lost money to this shit for sure. Of course, I lost money to it.
• 14:26
  So Forex and crypto are unregulated. So whatever trading strategy you employ with that,
• 14:33
  you better be really good because I didn't want to go down that route knowing it's unregulated.
• 14:39
  Okay. Then there is the US stock market. You can once again buy stocks like normal people do.
• 14:47
  You can trade futures, which trading futures is a little more time sensitive and complicated in
• 14:54
  the sense of it just requires more focus and attention. And we've seen this because me and my
• 15:00
  partner, one of my partners, Mahul Patel, ex rocket scientist, worked at Goldman Sachs, built a
• 15:05
  futures algorithm for Goldman Sachs. We taught 50 people how to trade futures. And we found
• 15:11
  that we had success stories, but these were the guys that were so focused and locked in that they
• 15:15
  became successful. The rest, it took too much of their time and they needed something more automated,
• 15:19
  which is why we moved them to that, which we'll talk about later. Options, you can day trade options
• 15:24
  or you can swing trade options. And this is what you do. This is what we do. Okay. So we locked in
• 15:28
  on this because this is what Stephen introduced me to in 2017. I stayed with this strategy for myself
• 15:34
  because I'm like, swing trading options is actually part time. These other strategies are not
• 15:40
  day trading options is full time, but we have an automation now. So if you don't have the time
• 15:45
  to do the day trades, we can automate it for you. Is that like copy trading? Yes. So it's an
• 15:49
  SEC compliant API for people that don't know what I just said. An API connects two things together.
• 15:55
  The Uber driver needs to know where to drive, right? So maps, ways, connects to it. That's an API
• 16:00
  that connects those things for it to work. We have an API that connects your trading account
• 16:05
  to my trading account. So let's say you're a client. I have a hundred K in my account. Let's say
• 16:09
  I put 10K into one trade. You have one, you have 10K in your account. One K goes into that trade.
• 16:15
  So you've the same percentage. You match that. Correct. We have an SEC lawyer on staff. We've set up
• 16:21
  the business to be fully SEC compliant. And it is the most powerful thing because none of these
• 16:27
  trading companies or gurus or bots, right? People sell you an AI trading bot. How do you know if he's
• 16:32
  doing the same trades? With mine, you do. You're connected to me. So if I win, you win. If I lose,
• 16:40
  you lose. So my skin is in the game. So I have to perform. I've had friends that have lost a ton
• 16:46
  of money with AI anything. And it works for like three months and then until it doesn't. And then it
• 16:52
  just goes to shit. So I think that this is why when people are and why I'm trying to dumb it down,
• 16:57
  just make it simple for people is because there's so much noise out there that that the noise and
• 17:03
  all the options and all the things that have gone wrong or all the things that you've seen, you know,
• 17:08
  oh, so and so like a friend of mine lost 400 grand with an AI bot and then the guy fucked off.
• 17:14
  And it worked for like, you know, I think it worked for about six months where they kept saying,
• 17:19
  hey, we're getting more returns than we've had with anything else. And then all of a sudden,
• 17:23
  algo doesn't work or something doesn't work. And then it all goes to shit. And you're
• 17:27
  hoping that it's not a Ponzi scheme. But ultimately, it didn't work out. They lost 400.
• 17:32
  I have like so many stories like that. And I think that that's why people get stressed out about
• 17:38
  where do I put my money or who do I trust? Because first of all, they don't understand the 25,000
• 17:43
  options of different things you can put your money into. And secondly, even if they do understand it,
• 17:47
  they don't know who to trust. So those two things layered onto each other means that people just don't
• 17:53
  make any kind of move with their money. They just leave it in an asset. And whatever,
• 17:59
  at least leaving it in an asset is better than doing nothing with it because if it's in your
• 18:02
  checking account, you're basically losing money. But still, there's so many other options people
• 18:06
  could do with their money if they understood things and then knew who to trust to actually listen to.
• 18:11
  Right. So this is this. Okay. So if we're talking about swing trading options,
• 18:17
  I want to go back to your story in a second. But if we're talking about swing trading options,
• 18:20
  so people make a future bet on something happening with a company with the US stock with something,
• 18:27
  they put money in. If that works, then they, and I'm assuming the bet, there's a chance of that
• 18:33
  working out. And there's like a spread on that kind of like a percentage of it happening or not.
• 18:38
  And, and that's what indicates the return. Yes. So there's a strike price, which when I said,
• 18:43
  like, for example, Tesla, five, or I'll do one more right now. Just give you a free one. Gold,
• 18:48
  550 call, expiration, January, I forget the actual date, but January, 2027, I forget the day.
• 18:55
  But that's what was something. That's the bet. That's the bet. Gold on gold,
• 18:59
  GLD is gold on the stock market. Gold is going to go to $550 by this date.
• 19:06
  It can go in that direction and we can start getting a return. It doesn't have to hit that target,
• 19:12
  but it can go in that direction and we can start to win. That's what's important. So there are
• 19:16
  trades where we'll pull out at 20% because we, that's the conviction we had. 20% compared to what the
• 19:24
  actual prediction was. Yes. There are trades that will pull out at 100%, which means we doubled our
• 19:30
  money and it was correct. And is it's a strategy more or less like making a whole bunch of bets and
• 19:37
  hoping the majority of them work out? Yeah. So let's even see like right now how many trades were
• 19:42
  actually in. So I'm just laying out the whole framework so people can understand exactly what they're
• 19:46
  getting themselves into. Yeah. So we're in between 10 and 20 trades total. Okay. Cool. Okay.
• 19:51
  So you make a whole bunch of bets. Yep. All have different expiration dates. All have different
• 19:55
  conviction levels, which means like, dude, like if we just wait this out, we're going to buy
• 19:59
  back some money. Right. If we just wait this out. But this one, we're just looking to scrape 20%
• 20:03
  on this one. Right. So the goal and my strategy of it goes around two things. One, this is not
• 20:10
  about hitting home runs. The problem with crypto is that unless you're just investing in Bitcoin and
• 20:15
  Ethereum and things that make sense, all the altcoins, which by the way, I've made a killing off
• 20:19
  some altcoins too. But I knew like, you can have insider information with crypto and it's not
• 20:24
  illegal because it's crypto. It's not regulated. It's always the same way with the US government.
• 20:27
  Well, they know I just can't do that, right? But like, like, there's insider information in crypto
• 20:33
  that I had that made me half a million dollars on one coin. Okay. The point is most people don't
• 20:39
  have that insider information. So they're gambling on altcoins that they don't know anything about.
• 20:44
  That's that's like angel investing in a tech company, but you're an idiot. So you don't know
• 20:47
  what you're doing. So you just throw money in. My strategy is involved around understanding
• 20:55
  what's going on within companies, technical analysis behind companies. I don't want to get to in
• 21:00
  the weeds of it because that's not what what your audience wants. But also understanding that
• 21:06
  something exists called the efficient market hypothesis. Okay. What that means is there is no point
• 21:12
  in competing with Goldman Sachs. Why do I say that? Goldman Sachs does one thing or any investment
• 21:19
  banker hedge fund. One thing, 90% of the time, which is by a bunch of stock and just get a small
• 21:24
  percentage return, but they put so much money in that that small percentage is a lot of money that
• 21:29
  they're making. Most people put 10 grand get a 5% return who cares? It doesn't change your life.
• 21:34
  And you got to wait a long time to get it. Now, that was 90% of the Wall Street strategy. 10%
• 21:40
  is a hedge with options, which is what we do, but we do it 100% of the time. That's why. So we're a
• 21:47
  big fish in a small pond competing with only 10% of what Wall Street is doing as opposed to 100 or
• 21:53
  sorry, 90 where most people are actually doing what Wall Street tells you to do because they know
• 22:00
  that if you compete with them, you'll fucking lose because you don't have enough money.
• 22:03
  Also, Wall Street can only put money into so many assets because of the amount of money they move.
• 22:09
  That's another thing too. So you have a lot as a smaller investor, you actually have a lot more
• 22:15
  options than Wall Street does. Well, you can't put billions into everything in the world because
• 22:22
  you just can't. Not everything can take billions of dollars. But as an individual, you can put your
• 22:27
  10,000, 15,000 into things and it's not gonna fuck up the market, right? So this is an option too.
• 22:32
  You have options for investments that actually Wall Street wouldn't have. And I think the
• 22:36
  Buffet wouldn't have and all these players wouldn't have. So I was looking at sort of your strategy.
• 22:42
  So you trade and tell me if this is correct or not. So you trade five stocks over and over.
• 22:48
  Is that true? Yes, but we also trade a lot more now. Okay, so what I had here was Tesla,
• 22:53
  Nvidia, Meta, Apple, AMD, which we trade all of those things. So I have multiple traders on my
• 23:00
  team, right? I have one trader that is focused on those things and he's really good at that.
• 23:04
  Then I have another that has about 50 different tickers or stocks, Bank of America,
• 23:08
  Verizon, different sectors. And he's very more well-rounded and now with the war and volatility,
• 23:15
  which we can talk about too and why that actually affects the market. Because I think
• 23:17
  beginners don't actually know or like regular people don't actually know why it affects the market.
• 23:21
  No, they probably don't. They just know that it does. Yeah, it just does. And they can just
• 23:25
  talk at a coffee shop about it. Oh, yeah, it does. We know it does. But why? Well, here's why.
• 23:30
  Well, let me answer your question first. So the tickers that he trades during the run of last year,
• 23:38
  the biggest bull run or one of the biggest bull runs, April to like August, tech was very hot.
• 23:43
  We were doing a lot of call predictions, which means we're predicting things are going up.
• 23:47
  That's why we traded those stocks a lot. Now there's a lot of volatility. So we have more tickers
• 23:51
  because more sectors are being affected. And we can predict that things are going down in the
• 23:56
  short term. Example, we just hit a Microsoft put for like an 80 to 100 percent gain. Microsoft
• 24:01
  put means we're pet predicting Microsoft is going down. Why? Well, to make it very simple, war,
• 24:08
  Iran, gas prices go up. Gas prices go up. Americans spend less on products. Microsoft goes down.
• 24:15
  You're now I'm now I'm understanding the strategy. So you pick companies that actually do not have
• 24:19
  a lot of volatility like these are blue chip more or less companies. And then you're saying like
• 24:26
  based on me studying this company extensively, what's going on in the world, I can make a prediction
• 24:31
  based on in the short term where this company is going to go. So you're removing as much risk out
• 24:37
  of the bet as possible, basically. Correct. My uncle, for example, his stock portfolio just stocks,
• 24:46
  not options is down three and a half million right now. But that's because it sucks down. But
• 24:50
  his options portfolio is up six figures. So because he trades with us, right? So he makes predictions
• 24:59
  that we give him in the short term that makes sense. So how do you make these predictions? Like
• 25:04
  outside of just being in it every single day and understanding how the world is impacting a company
• 25:09
  or the market or what like what do you look for? First of all, like I sort of laid out sort of how
• 25:15
  a layman would understand strategy. But what do you look for to actually make a smart prediction so
• 25:19
  that there's a good chance that it actually works out? Because I'm looking at your numbers here.
• 25:25
  It says that you have a 90% win rate. That was last year. I would say it's less now. It's more
• 25:31
  70 75% 80% on. We're still winning more than you're losing way more. And the percentages matter too.
• 25:38
  So like we'll hit 100% trade and then a 20% trade and then we'll lose like a 10%
• 25:43
  I think that this is important because I think that options it doesn't have like a great reputation
• 25:48
  because I think people I think a lot of people actually get into it to think they're a lot smarter
• 25:53
  than they are. Myself included. And then they make a bet and then the bet goes sideways and you're
• 25:58
  like I fuck this. This is just this is just like gambling. I've had clients come in that say,
• 26:02
  Cam, I lost 40 grand trading options. I'm like cool. How do you trade on my own? Meaning they didn't
• 26:07
  even tell me a strategy. They just said on my own. So I'm like, oh, you can't even tell me the
• 26:10
  strategy and they're like, well, I was just trading on my own. I'm like, okay, they come in.
• 26:16
  These are the people that have a strategy. They can't tell me what it is. They're quotes on
• 26:21
  strategy. It doesn't work, but they still want to do it after they've paid me. They're like,
• 26:26
  Cam, why did you make this prediction? It's down 12%. I'm like, is the trade over? No.
• 26:32
  It's like, why did you pay me then? Like, you know what I mean? It's like people have a strategy
• 26:39
  that lost them 40 grand, but then want to come in, pay us, then not do it, and then complain when
• 26:45
  a trade is in the red. Here's what people need to understand. A trade is not lost until it is sold.
• 26:51
  The same way a stock is not lost money until you sell your stock. So if I have an expiration date
• 26:57
  on a trade that is in June of this year and it's down 20%, we just had an Amazon trade go down
• 27:03
  80% and now it's up 50. It's like, and then we sold. We just had to wait. It's like saying this,
• 27:08
  if you walk up to a girl and she's like, you're like, hey, how's it going? She's like,
• 27:13
  not bad. How are you? But she doesn't tell you you're the greatest thing of all time. Did you lose?
• 27:17
  No, you just need to talk more. Of course not. Yeah. So people don't understand how the world works,
• 27:21
  which is why they have strategies that aren't real that are made up in their head,
• 27:25
  which is why they create expectations that aren't actually from reality.
• 27:28
  Help me understand one more thing. So when the trade doesn't go well, because I've,
• 27:32
  so I, you know, when Coinbase started messing around with these like 15 minute Bitcoin prices.
• 27:40
  And so I, you know, obviously me thinking I'm smarter than I am. I'm like, well,
• 27:44
  what if I just, you know, because it tells you the probability of Bitcoin going in one direction
• 27:49
  or the other, you can watch it live. And then for some reason, I don't know what some reason,
• 27:57
  every time it's like 80% probability it's going to go up in the next 15 minutes or whatever,
• 28:03
  whatever, and put money into it. And then like at the last second, it's like,
• 28:07
  ah, fucking psych. And then it just goes the other goes and I was doing it. And it was something like
• 28:14
  eight of these trades in a row just went completely haywire and like went to zero because with
• 28:19
  futures, it, if you don't get out of the trade, it goes to zero. Correct. And I was actually asking,
• 28:26
  I was like, I think I was asking Claude or Chachee, but he, I'm like, what is the chance of like
• 28:31
  eight of these things going south in a row? And it's like, it's like, it was giving me some bullshit
• 28:36
  answer, but no, no, it's like, it's actually, you know, statistically predictable that this would
• 28:40
  happen. And you have this like bias that, you know, that you're just unlucky. And whatever,
• 28:43
  I don't do it anymore. But the point is, um, yeah, when I was trying to fuck around with futures,
• 28:50
  it kept going to zero repeatedly. So I lost a whole bunch of money not too much. I was just like
• 28:53
  trying to see what it was all about. Um, but I think that's also the concern that people have
• 28:58
  when they do anything outside of just buying and holding an asset. Cause I understand when I buy
• 29:03
  and hold Bitcoin, it can go up, it can go down. If it's down, of course, my whole portfolio is down
• 29:08
  right now. Uh, if I don't sell it, then I'm just waiting for to go back up again. Are options
• 29:14
  similar? Or is there a price that if it goes below, it goes to zero and I have to pay attention
• 29:20
  to that and watch out for that? Or is it, if you make a call that Bitcoin or gold or Nvidia will be
• 29:28
  at a certain price at this point in time, if it's going south, can you just wait a little bit longer
• 29:34
  for it to get to where it has to go or no? But so, yeah. So options is based on how many
• 29:39
  contracts you buy, how many contracts means how much are you betting? So let's say one contract
• 29:46
  of a trade is just $300. You can buy one contract for 300 to for 600. You can only lose your
• 29:53
  principle if something goes down 100%. So if I invest 300, I can only lose 300. With other
• 30:00
  instruments, you can go. Yeah, I know. If you're trying to take leverage or something like that.
• 30:04
  Yeah. And we, bro, I'll be honest. We've had clients make 80, 100K with us, then borrow on margin
• 30:10
  on Robinhood. We've never taught that and never will because they think they're smart. They think
• 30:15
  they're smart. They think they're like, can't, can is so good. I'm never going to know. Well, bro,
• 30:18
  now you're over leveraging and over risking. Even on smaller guys, we've had guys go from 2,
• 30:22
  you know, 2,500, which is like the minimum. It makes sense to even invest with 2,500 to 7K, then
• 30:28
  put 7K into one trade and lose it all. And then call me and say, can I know it's not your fault?
• 30:33
  Always open with that. I over leveraged because here's the best part about what I do, bro. Nobody
• 30:39
  can fake what they're doing if they're unsuccessful. So I'm like, show me your account. And then I can
• 30:45
  look and be like, well, you put all your money into one trade. This is what I think most people lose
• 30:51
  money in trading. It's not because they don't have the technical expertise. So sometimes it is,
• 30:57
  but I think it's mostly because of your own personality personality. So you know what Bradley asked
• 31:01
  me? He goes, he's going to actually invest. He wants to put a million in. Told me on the show.
• 31:06
  He goes, Cam, why don't you just put more into each trade because you're really good. Like,
• 31:12
  I'm looking at your numbers. And I'm like, because I want to play forever. I want to go 40 years like
• 31:17
  Buffett and be that good. I don't want to over leverage into something and be wrong and on the
• 31:23
  off chance. And on the off chance, I would rather put 10 to 20% of my account into each trade.
• 31:28
  Keep in mind, we have over leveraged on trades and hit big before, but I was up so much on the
• 31:32
  like quarter that I was like, I can gamble myself, but I'm not going to tell my clients that I'm
• 31:38
  doing that. The reason I say that is for compliance reasons. The reason what we can do is compliant,
• 31:44
  even on the manual trading side, meaning if you want to copy us manually, I tell you what I'm
• 31:50
  doing in my portfolio. Okay. If I say I am over leveraging into a trade, I'm making it clear,
• 31:58
  I am doing that. But I can say I would not over leverage if I were you. This is not financial advice.
• 32:06
  Right. I can still say that. But the reason I fall like I always say, do what I do not what I say.
• 32:13
  I'm sorry. Do what I say not what I do. Do what I say. I know that's actually goes against
• 32:17
  contrary belief. Do what I say. Because if I'm over leveraging, I please don't do that.
• 32:21
  Like don't do that. But if I were leveraging hit big, which I did on a few gold and silver trades,
• 32:26
  I actually grew another 25K account to 100K. But you are taking risks that you're okay with. But
• 32:32
  you're saying don't do that. Don't do that. Play the long game. Be patient. Actually, this ties into,
• 32:38
  so I was pulling up some ideas from other investors and one of one of the ideas that came up was
• 32:42
  a more and Buffett quote, which was the stock market as a device for transferring money from
• 32:46
  the impatient to the patient. Do you agree with that? Yes. Because everybody that loses gave up
• 32:55
  before they were even a quarter in. I have like my churn rate is very low. It's like 1.6% right now.
• 33:03
  Through the people that work with you and invest. Yeah. And like give up or like want to refund or
• 33:06
  something. And it's like, dude, you've only, bro, I have a DM from this guy. Manuel, I'm calling you
• 33:12
  out right now because you booked another call with me. Manuel asked for a refund. He was only like two
• 33:15
  weeks in. And it wasn't because like anything really happened. He just said, hey, man, like I need to,
• 33:21
  I can't make the payments like to pay you basically. And I'm like, well, can you wait? Because I'm
• 33:24
  going to make you money. You're in trades that are going to work. I gave him a refund. Because it was
• 33:29
  two weeks. We didn't really do much with him. It was fine. Yesterday, he DMs me. Can I made 500 bucks
• 33:33
  on that Amazon trade? I'm like, I know. That's why I told you to stay in because there were 10 more
• 33:37
  of those where you would have won two. And he goes, can I book a call so I can pay again? I'm like, yes.
• 33:42
  But this time, yeah, don't don't quit. So don't quit. Like you need to, that's why I say people say,
• 33:47
  how much can I make monthly trading options? No. How much can you grow your account on a quarterly
• 33:52
  and yearly basis? Can you beat the S&P 500? I can. I've done it. I've proven it for years.
• 34:00
  Not about not buff at years. I'm not that old. I'm only 31. But I'm going to do it with my strategies
• 34:05
  because I also, this is another problem. You said, why do people lose money trading? Well,
• 34:10
  they're fall, either they're trading on their own with no real strategy or hopping from strategy
• 34:14
  to strategy that they see on YouTube. They're not seeing it through. They're not seeing it through.
• 34:17
  Or they're following an influencer who doesn't have a team that makes sense. Meaning, how can I be
• 34:22
  on this podcast and studying the market at the same time? No. But I have other guys doing it for me.
• 34:26
  I have traders that are traders. They have no personal brand. They have a personal brand now a
• 34:30
  little bit because of me, but they were not business guys. They were traders. That's why I like I
• 34:35
  brought DJ one of my main traders on Branding Carter's podcast today because Branding Carter
• 34:41
  trades futures. So I wanted them to talk at some point and Branden even goes, oh, you're a
• 34:45
  little bit more in depth than me. Humbly, right? Because he knows like my traders trade. They really
• 34:50
  do this. They really do this. So I have a team that you can count on because I have a guy that
• 34:57
  knows the tech market. I have another guy that is a little bit more well rounded. I have an
• 35:02
  intraday guy that's specific for intraday trades. And I have a swing trader like like I have a team.
• 35:08
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• 35:23
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• 35:27
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• 35:31
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• 35:36
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• 37:05
  This sort of answers the question I was going to ask. But the most cited stat in trading is at 97%
• 37:11
  of day traders lose money. Correct. And the SEC published versions of this. I know you're not
• 37:16
  technically day trading. No, no, we do. But let's dive into that in a second. Ask your question.
• 37:20
  No, I was going to say you are talking about why that number exists. It's mostly the personality
• 37:27
  of the person. It's their ego. It's the lack of, I don't know, it's the lack of attention
• 37:33
  to detail that people have to have to actually be successful at this thing.
• 37:37
  I also realize most people that day trade that I've talked to, I don't know the actual stats,
• 37:42
  but that I've talked to, they're not even day trading options. They're day trading stocks,
• 37:46
  which means they're buying, let's say $10,000 worth of Tesla stock and then trying to sell it
• 37:52
  for like 3% that day and like keep doing that and be right in a very short period of time. And I'm like,
• 37:58
  you're going to have a hard time doing that over and over. It's just hard to do.
• 38:02
  When people fail, like like actual fail in this case, like some of the people you're talking about,
• 38:07
  what are the reasons why people would fail at this strategy? Hopping from strategy to strategy
• 38:12
  that they see on YouTube, joining $200 a month discord and hoping to get a million dollars worth
• 38:17
  of advice because experts do not charge that further time. If you're, do you have kids?
• 38:22
  Soon, but not yet. If your kid got, actually, I'm not even going to put that in there.
• 38:25
  If my son needed surgery, do you think I would go to the Caribbean and get a bullshit doctor
• 38:30
  or would I hire a UCSF top 100 surgeon, which I hired for myself years ago when I had back surgery?
• 38:35
  Well, that's what I did. I paid the expensive expert. What about if I was fighting a murder charge?
• 38:40
  Do you think I would hire a public defender for free or a little Derek's lawyer or young thugs
• 38:45
  lawyer? Probably the more expensive one. So don't pay, you can't get cheap. If you want to be cheap,
• 38:51
  you're going to get cheap results. That's what my life, I'm going to make three to five million
• 38:55
  this year all in all. There's a reason. It's because I've spent hundreds of thousands to learn
• 38:59
  from the best. So you've mentioned this to somebody before on, so this was a quote from you that you
• 39:05
  mentioned on a pod when you were talking about basically people trying to figure out where to spend
• 39:12
  their time and attention and who to learn from. So the quote is, how do you know it's not a scam?
• 39:17
  Do you actually have a process to evaluate whether something's a scam or do you just go based on how
• 39:22
  you feel? And this was you speaking to somebody who was thinking about working with you obviously.
• 39:27
  So talk to me about that idea when somebody is trying to figure out who to work with, who not to
• 39:33
  work with, because I feel like that's a hesitation that a lot of people would have. This feels like a
• 39:37
  scam or whatever. How does somebody evaluate outside of just not paying for the cheapest option?
• 39:44
  Because I get it. That's never a good choice. But how does somebody evaluate which financial
• 39:49
  person to listen to when there's so many fucking people online to teach this shit? Like who's the
• 39:53
  who's the guy like you showed a Robin Hood accountant? Great. I'm sure that other people would show
• 39:58
  other things. I don't know what people show, but but how do you figure out who to talk to, who to
• 40:03
  listen to, who to trust? Yeah. So two things. One, having a process to understanding what due
• 40:09
  diligence actually is. Meaning, do you have a process to evaluate whether or not something is a
• 40:14
  scam or do you just go based off of how you feel? Because if you're going based off of how you
• 40:18
  feel, which 99% of people do, you are not going to make good decisions in life. Because if I saw
• 40:23
  Halle Berry across the street in her prime after filming swordfish, would I feel good about walking
• 40:29
  over? No, I'd probably get very nervous, but I'm going to do it anyways. So don't go based off
• 40:34
  of how you feel. Go because you know you have a process. Now, what is a good process? That's the
• 40:39
  second part. Doing due diligence. How I do due diligence is how I tell people to do due diligence.
• 40:46
  Due diligence is a means to an end. Meaning, you can spin in a circle forever thinking about it,
• 40:52
  thinking about it, thinking about it, or you can go off of what's presented. And then do your
• 40:59
  own research too and decide based on what you care about, but it has to be your process. Okay,
• 41:06
  so what do I show people? All my Robinhood accounts and all my tradeier accounts. I have multiple
• 41:12
  accounts with different companies where we test different things. I have a 60K account here,
• 41:15
  100K account here, 50K account here. I show them the results. I break down every trade. I have a
• 41:21
  video showing how I did 25K to 100K over the last three months. We can go into every trade. I have
• 41:27
  a, I have a, I have an hour and 10 minute call with a new client, Scott, shout out to Scott,
• 41:31
  who's doing our automation. He's a 50 year old man. He's been trading for years. He says, I want
• 41:35
  better results. I said, let's go through every trade. He was the most skeptical person ever. I said,
• 41:38
  let's go to look through every trade, ask any question you want. If they are not willing to show you,
• 41:43
  their trades, there's something wrong. Does that happen a lot in this industry? So here's what I've
• 41:50
  heard. When people ask me who my competitors are, I don't know a lot of these guys. Here's why.
• 41:55
  I am a business owner that creates content. I'm not an influencer with no business. Okay,
• 41:59
  Tanner Chittister taught me that. He's like, you are a business owner. He told me that. You
• 42:02
  are not an influencer. And that's fine. That's what I want to be. The point is when I know these guys,
• 42:07
  or when I see these guys like TJR or people getting exposed, I'm like, I don't actually know. I just
• 42:14
  know like when I went on fresh and fit, fresh was like, bro, none of these traders show me their
• 42:17
  account. And you do. And you do. And I'm like, this is absurd. Like you can't even trade,
• 42:23
  but you know why they can't trade because they are talking to you. So they don't have a team.
• 42:28
  I have a team. So I can actually go and build the brand and build the company while my back end
• 42:33
  guys are doing the trades and teaching my clients. You know, when you first got into this game too,
• 42:39
  you lost money in a 4x auto trader. Man, he that guy's in jail. Is he actually? He's one of the few
• 42:46
  that went to jail. So that's the thing. 4x and crypto. These guys don't go to jail a lot because
• 42:50
  it's not regulated. And the FBC doesn't care unless it's so big. Oh, yeah. That's true. With US
• 42:55
  stock market, dude, if I was lying right now about SEC compliant, I would be in jail. This is US
• 42:59
  stock market. This matters. I have a question. When are you going to start a fund? I'm not. Here's
• 43:06
  why I this is crazy because I've like debated going back and forth on this or that's the same thing.
• 43:11
  I've gone back and forth on this for a long time. It was funny. I was at Equinox Palo Alto and
• 43:17
  I was back home visiting family. And I ran into the partner at Citadel. Okay. So, you know,
• 43:23
  Ken Griffin is moving everything down here. Does that move down here? I know. Yeah, I know.
• 43:28
  And Larry and Google is moving. I think he can Griffin move down here. He has a house
• 43:35
  next door to the sky, which is like a historical mansion in South Miami. And then I think a lot
• 43:40
  of Citadel employees are now moving down here and like everybody's moving to South Florida.
• 43:43
  Anyways, I was at Equinox and I just finished working out. I went to the cafe area and I didn't
• 43:49
  know like obviously I didn't know who he was, but he was sitting there. And I was closing a deal
• 43:53
  with the client that is now on our software. Barat, shout out Barat. Barat did his due diligence.
• 43:59
  So he really had a lot of questions. And I had just worked out. I was kind of hungry. He kind of
• 44:03
  frustrated me a little bit with some of it. Barat, we love you. But the point is he heard me on this
• 44:09
  call, close this deal. And he goes, Hey, who the fuck basically like who are you? Like you're talking
• 44:13
  about options because that's like, you know, he's in that world. And I'm like, Oh, I've run a this,
• 44:16
  this, this, this, I tell him about my business. And he's like, he tells me who he is. I'm like,
• 44:22
  Oh, how are you? And then I'm like, we started talking, you know, exchange info. And he's like,
• 44:28
  I said, listen, man, before you go, I have two questions for you. Should I get a Stanford MBA?
• 44:34
  And should I get a series 65 and start a fund? He said, no, to both. He said, as somebody with
• 44:38
  an MBA from top 20 school, you don't need it. MBAs are for corporate. You're not corporate.
• 44:45
  Said, you make this much money. I just looked at, he looked at all my numbers on the lap,
• 44:49
  right there. He was like, you don't need a series 65 because having a fund only is profitable
• 44:56
  if your clients have so much money where their performance fee makes sense. So for example,
• 45:01
  Goldman Sachs, two percent management fee, 20 percent performance fee. Yeah, but they're managing
• 45:05
  so much money where that 20 percent is worth it. For us, we can run this as a business where you
• 45:10
  either pay a fee for mentorship to learn our strategies to copy our trades manually. Or for the
• 45:17
  software automation that connects your account to mine and have it all done for you, we can do that
• 45:22
  without licenses and an SEC compliant way. And we're actually making more impact. I know people
• 45:27
  will talk about, oh, I want to help people. No, it's actually a better business model too,
• 45:31
  meaning you can pay us 10 grand for the software, have 25K to trade with. And now you're going to
• 45:37
  turn that 25 and do 100 like I did. And now you only spend 10 grand. So you made way more money
• 45:43
  than you paid me. I'm doing it in an SEC compliant way. And people that are wondering,
• 45:48
  if you're so good at trading, why do you sell a system? Well, why do hedge funds manage the money
• 45:53
  of other people? It's more money to be made. So I might take a swing trade that might take three
• 45:58
  months to come to fruition, but I can also make money today. Teaching you how to make that same
• 46:02
  swing trade, make money in three months too. It's just like, business is about value exchange. People
• 46:08
  with low IQ don't understand that or not even low IQ just low business acumen that think they have
• 46:13
  such a high IQ that they don't understand this. I always, you know, it's so funny to me and people,
• 46:18
  I'll draw a parallel and people get mad at people who are selling courses. And I don't sell a
• 46:24
  course, not because I have an issue with them, just because my standard for what I want to sell
• 46:30
  and put into the market is very high. So I want to put a lot of effort into it. You have a system,
• 46:33
  the same way we have a system. We don't sell a course. Very much. But I can never hate on somebody
• 46:39
  who knows what they're doing, selling a course on how to do it. And the response is, well,
• 46:44
  they're so good at doing the thing. Why would you sell a course on how to do it? Well,
• 46:49
  because they can make money doing that. And I don't see an issue with that. Like if you,
• 46:53
  there's, if you have the ability to make money in different ways, do it. It's fucking stupid.
• 46:59
  If you don't, it's like saying, okay, my boy Jimmy Farley lives here in Miami,
• 47:03
  Rob the bank is his partner. Okay. Jimmy sold his company, creator's corner to physician's choice.
• 47:08
  You know the vitamins, physician's choice. So the physician's choice guy is Jimmy's mentor,
• 47:12
  the founder. So he bought him out. Why? But, but it's not even about why he bought him out.
• 47:18
  What I'm trying to say is this, Jimmy knows TikTok shop. He blew up on TikTok shop. He caught it
• 47:24
  early. He then started teaching others how to blow up on TikTok shop. He makes more money,
• 47:31
  teaching people how to blow up on TikTok shop than he actually does on TikTok shop.
• 47:34
  Is that a scam? No. If the value exchange is there, if I charged somebody 10 grand and make them
• 47:39
  50, they won. I make, look, no one, no, none of the trading guys say this. I make more money
• 47:44
  selling my trading software than I do actually trading. But I make a lot of money trading too.
• 47:50
  Yeah. So why does it matter if the value exchange is there? It's called business acumen.
• 47:56
  You mentioned before that everything you do is SEC compliant. What does that actually mean? Why is
• 48:01
  that? I mean, I think it's obvious why it's important. But I don't even think people really
• 48:04
  understand what that means. Yeah. SEC compliant means what I'm doing is legal in the financial
• 48:09
  world. SEC compliant means what I'm doing is legal in the financial world. Here's why. By the way,
• 48:15
  are many people teaching things that are not? No. Yes and no. There are people that are definitely
• 48:21
  doing it non-SEC compliant. I don't know who is and who isn't. But they're all, the reason
• 48:27
  people don't do what I do specifically is because a lot of people also avoid it because they
• 48:32
  can't do it in a SEC compliant way. This is why people sell trading courses. It's because you can
• 48:36
  sell education and not have a problem. But to sell a copy trading system, you need to do it the
• 48:41
  right way. So here's what I do. On our mentorship, which means we are teaching your strategies,
• 48:46
  not gatekeeping anything, handholding you to success to the point where you can manually follow
• 48:52
  our trades and also call your own trades once you get good enough, which we have clients doing.
• 48:59
  That is SEC compliant because we are teaching you what we know and then showing you what we're
• 49:04
  doing and at your discretion, you can copy. That's it. Software is really hard to do
• 49:09
  compliantly. That's why no one does it. The software partner we have, by the way, they've been
• 49:15
  around five years. No one knows who they are. They only have 17 clients and not one of them. They're
• 49:18
  very engineering. They're very nerdy. They're not incredible marketers and that's good. I found them
• 49:23
  though. I've been looking for them for a long time and they're the only one that can do exactly what
• 49:26
  I needed, which is automate options trading from somebody's account to my account in SEC compliant
• 49:34
  way, meaning you connect your trading account to mine through an SEC compliant protocol.
• 49:39
  Every trade that I do happens on your accounts. You can't say you missed the trade. You can't say
• 49:44
  you were too busy. Does it automatically? Automatically same time. Same time. Automatically swing trade
• 49:50
  and day trade for their budget size. Now, why is that SEC compliant? Here's why. One, the client has
• 49:58
  to pick what stocks of mine they want to follow, meaning if they want to follow Tesla and Meta,
• 50:04
  but not Apple, they can choose not to follow Apple. Then that's their choice. Now, they picked
• 50:10
  it's on them. They should choose everything. I can't tell them that, but if you're paying, you might
• 50:15
  as well trade everything. It doesn't make any sense. Unless you're like Haram and don't want to
• 50:18
  trade a company or whatever. Haram, yeah. Second thing is there are tiers, meaning you cannot
• 50:26
  choose what you want to invest outside of the tiers that we've set, which means if you want to
• 50:32
  invest $10,200, we can't do it. But if you want to go into our 10K tier and trade with 10K or
• 50:42
  12,500 or 15,000, it goes up in increments. Those tiers have risk management rules that you can pick
• 50:51
  and then because you pick the after we tell you what they are, you pick them. That's your protocol now.
• 50:57
  So it's not us telling you what to do. It's not personalized financial advice. It's not Scott's
• 51:02
  account does this. It's Scott, Tom, John, all these people that have 10K are doing this. That's
• 51:08
  the second thing. The third thing is we don't charge a performance fee because it doesn't make sense
• 51:15
  to charge it. Well, we can't do it legally, but it also doesn't make sense as a business model,
• 51:18
  even if we were a fund to make 20% on your 10 grand. It's not enough money. We want to grow your 10K
• 51:24
  accounts to 50 in a year and charge your 10 grand for it. But you still don't charge performance even
• 51:31
  if at any point you can't. We're not legally allowed to. It would have to be a fund. It would have
• 51:35
  to be a fund and we license the software. If you are a hyper successful because like it's just,
• 51:41
  at that point, it's just great for the client. It's just it's somebody who's going to talk
• 51:45
  well about you. It's good, but you aren't making money on their profit. No. And think about it
• 51:52
  this way. Why would I sell a software protocol that doesn't work where it's all on me? Meaning,
• 52:00
  my mentorship clients, if they don't do the work, I can tell them you're not showing up to study
• 52:04
  session. With software, you literally, it's all on me. It's put all on me in that sense. So like,
• 52:10
  if they lose, it's because I lost. It's because we traded that. So why would I sell something?
• 52:15
  This is why these trading gurus don't do it. One, because it's hard to do it in an SEC
• 52:18
  compliant way and they don't want to pay for the SEC attorneys and do all the stuff they need to do
• 52:21
  that we did. Two, it's because they're not actually going to trading. So they don't want to put
• 52:25
  their skin in the game. Real hedge funds, bro. They have their money in the same trades. Of course,
• 52:30
  they do. Or else you would never put your money in a trade with somebody who doesn't have their own
• 52:34
  money in it. I had a guy did, I don't even want to say his name. He doesn't deserve anything.
• 52:37
  He tried to pitch me on a real estate deal that he was not going to go in with me on. I'm like,
• 52:41
  this makes no sense. As somebody who's put money into funds, you always have the person who's
• 52:49
  like the partner or the LP or like they always put their own money in. Why else would you trust
• 52:55
  them? That's what I mean by due diligence and having a process. Okay. My family has in this
• 53:01
  with me, bro. My family invests. My uncle is worth eight figures and is in my program.
• 53:09
  Not to learn. He doesn't have the time to automate, makes sense because he's always been a buy and
• 53:14
  hold investor. I'm even going to show you this. Great timing. What's this? You don't know about
• 53:20
  to show me. I don't know. I have no idea what this is. This is a $2 million account with Morgan
• 53:25
  Stanley. Okay. A family member of mine was nice enough to give this to me to show you guys
• 53:31
  that he is a client. What does this mean? This means if you actually invest the right way long
• 53:38
  enough without complaining about trades being in the red, which people do. They love the complain
• 53:43
  about trades being in the red. Do you think Buffett didn't have a losing year? You think Buffett
• 53:47
  didn't have a losing month? You think Buffett didn't have a losing quarter? That's how millions are
• 53:52
  made. He also trades options with us and his options portfolio is up right now while his stock
• 53:57
  portfolio is down, but he doesn't care because he knows if he plays the right way he will win.
• 54:03
  Obviously, you're in your own trades, of course, but what else do you put money into? Do you put
• 54:08
  money into other assets as well? Because you asked me about where I was and I said crypto, blue chip
• 54:14
  crypto. I put money into real estate. I used to have money in individual tech stocks, but I actually
• 54:21
  stopped and I started putting it more into crypto recently. I'm down across the board. What do
• 54:27
  you like to put money into? I only follow people that I want to be like. My business mentor,
• 54:36
  one of my business mentors is named Mustafa. Mustafa is worth 10, 11 million liquid. He is a,
• 54:44
  how do I describe it? He's a business owner that is multifaceted and he likes to invest in things
• 54:49
  that have a really high returns. So what I mean by that and everyone's like, oh,
• 54:52
  fucking, of course, Kim. No, but the point is a laundromat isn't really high returns.
• 54:58
  20 laundromats is high returns, but he does, like when I brought him like this laundromat,
• 55:02
  I'm like, what do you think about this? He's like, I don't like, I don't do the laundromat thing.
• 55:05
  He's like, I want to invest in things with higher returns. So he has like Cleopatra, which is a
• 55:09
  tattoo thing, really exotic, expensive tattoo with the premium tattoo place. He has tons of them all
• 55:14
  over. Okay. I am doing something similar to that right now, which I'm going to release to my
• 55:18
  clients in a few months after I prove it enough, but it's peptides. Okay. So my boy has a peptide
• 55:27
  company called Sundays. Sundays is doing about 200 K a month with 65% margin as research use only.
• 55:35
  I am going to be the second e-commerce store that he has. He has the first one. It's killing it.
• 55:39
  I'm going to be the second one. So I put 70 grand. I wired in 70,000. Did my due diligence.
• 55:44
  So that means to an end. Okay. And we sound a good contract like it's fine. The point is
• 55:51
  he knows that if he proves me right, I will bring this to my entire audience because it's a high
• 55:56
  return thing. Now why is it a high return thing? Why did I turn down 10 deals this year that were
• 56:00
  brought to my table and pick the peptide thing? Two reasons. One, I like the founder. One, I've known
• 56:05
  the founder. Three, peptides are the trading of fitness. Watch this.
• 56:15
  Fitness coaches struggle to make money because people don't want to work out.
• 56:18
  People do want an edge to getting in shape that doesn't require anything other than a needle or a pill.
• 56:23
  That's what peptides is. The same way people like to trade because at the end of the day,
• 56:27
  what's harder starting an Airbnb business where you actually have to do the work or copying trades?
• 56:33
  Of course, copying trades. So I'm following in my own footsteps. I'm investing in things that
• 56:37
  have really high returns. But what you're talking about is building an actual e-commerce. That's a
• 56:42
  business. But he does it. So it's done for you. So I gave him the money. I'm a 50-50 partner with
• 56:47
  him. Once it's proven and we're making money with my store, I'm going to offer done for you stores.
• 56:53
  Now here's why. In the stock market, no matter how many clients I have, we can't move Tesla.
• 57:00
  Goldman Sachs will still move Tesla. We can't move the market. But with peptides, the industry is
• 57:05
  small enough where if we have a piece in a lot of done for you stores, we can eventually own the
• 57:09
  manufacturing lab that we want and manufacture in-house in America instead of dealing with China.
• 57:15
  Of course. And then fucking win. And now you get a compounding pharmacy, but that's a
• 57:19
  couple million dollars. That's my point. So I'm doing the trading of fitness because of the higher
• 57:26
  return potential and because it makes sense for my clients that want something done for them.
• 57:30
  So this is how you give other investment options that are not just... So when you think about
• 57:35
  your portfolio, do you go into outside of actual options? Do you go into crypto? Do you go into
• 57:42
  real estate yourself? I have Bitcoin. I hit a big altcoin run from like 2020 to 2023. And now
• 57:50
  anyone can make an altcoin. So it just so saturated is no point. I just hold Bitcoin right now.
• 57:55
  I'm getting into real estate for the first time this year and next year, two ways.
• 57:59
  Four taxes specifically. Okay. The first is called a land donation. You know what that is?
• 58:04
  I wish. No one markets this because it's not... I don't know why, but it's very effective.
• 58:10
  It's very smart. It's very smart. You basically give money as a donation to something involving real
• 58:16
  estate that's like a nonprofit and you get a tax write-off. So instead of paying, let's say,
• 58:21
  taxes on a million a year just to keep it easy, you pay taxes on 750. Okay. You can't avoid short-term
• 58:28
  capital gains and options, but you can reduce your overall taxable income. Well, of course, if you buy
• 58:33
  even with traditional real estate, if you buy a property, I think if you do like a cost-seg study
• 58:37
  and you frontload the depreciation on it, like that's how most people reduce their tax burden for
• 58:42
  that year too. So even if you're out doing land donations, obviously real estate is an incredible
• 58:46
  way to... I'm doing that this year. Then by end of next year, latest, I will do primary residence,
• 58:51
  so I don't own a house right now. Well, I own... Yeah, so I'm going to buy a house
• 58:59
  probably in Dallas because it's so cheap. Run it out as a short-term rental, make some cash flow
• 59:04
  from it, but the point is first time home buyer loan, 3% down, not a lot out of my pocket,
• 59:11
  reduce taxable income. Do you think about your overall investment strategy,
• 59:17
  because right now, you're not super diversified. So you have a very specific investment strategy,
• 59:24
  which is options. Do you ever think about for the average person what a holistic investment
• 59:31
  strategy should be in terms of... And this is obviously not financial advice, but percentages,
• 59:38
  because right now you're basically X percentage in crypto. You are going to be X percentage in...
• 59:46
  building your own peptide business in e-commerce store, and then you're going to be the majority
• 59:50
  percentage I'm assuming in options. That's sort of like the investment portfolio. And then
• 59:55
  you're going to go into real estate. So how do you think about percentages of investments
• 59:59
  compared to asset classes, and real estate is buy and hold, crypto is buy and hold,
• 1:00:06
  options is capital gains, e-commerce store is cash flow, potential capital gains on the
• 1:00:12
  exit in the future, but not immediate. So how do you think through like total investment
• 1:00:16
  strategy for somebody, based on sort of your own experience? Yeah. First thing I'll say is,
• 1:00:20
  we say it's not financial advice because we have to, but your financial advisor who is licensed
• 1:00:25
  is broke. That is right. This is what bothers me. I had a kid... I want to segue for a second.
• 1:00:30
  I had a kid who's... He's going to Duke Law School. He saw me on a podcast. Smart. He somehow had
• 1:00:36
  a little bit of an inheritance. He didn't really go into it, but he was like, I have 100K.
• 1:00:40
  He had the money. It's not like you didn't have the money. He's like, I want to work with you.
• 1:00:43
  But my financial advisor is telling me not to. I'm like, what is your financial advisor charge you?
• 1:00:48
  He's like, like, a couple hundred bucks a month. I'm like, whoa, he's really good at finances.
• 1:00:53
  He must have really good advice, right? What does he do for you? Oh, he has me in stocks and bonds.
• 1:00:59
  I'm like, okay, show me which ones. There's a reason he charges 200 a month. His advice sucks,
• 1:01:06
  but he can say this is financial advice because he went to school for a second.
• 1:01:09
  I'll tell you one more thing. I had this biggest... I had this issue when my mom was retiring.
• 1:01:15
  When your mom? My mom was retiring. I'll tell you a story quickly because it'll just show you how
• 1:01:20
  fucked up the financial system is. She's trying to retire. It worked her job her whole life. She had
• 1:01:26
  money with a guy who worked for a bank in Canada. She was like, okay, I want to invest this money.
• 1:01:33
  But for years, I want to invest this money, so I can understand how much I can retire with,
• 1:01:37
  and what my monthly cash flow will be. Obviously, it's a bank's financial advisor,
• 1:01:42
  so the returns are minimal, but at least they're not sitting in a checking account.
• 1:01:46
  At least. At least. He kept the lane, kept the lane, kept the lane, and she was trying to figure out
• 1:01:52
  why do you keep the lane investing? My money turns out he wanted to quit the bank,
• 1:01:56
  start his own firm, and then keep clients with him and take all of his bank clients,
• 1:02:00
  and he couldn't take the clients if their money was invested through the bank.
• 1:02:03
  Super fucking scammy. He left the bank. He's like, hey, do you want to invest in me now? She's like,
• 1:02:08
  no, fuck off. She found somebody else. Whatever. It was still like marginal returns,
• 1:02:12
  but at least the person was actually doing work for her. But the biggest issue with financial
• 1:02:16
  advisors is number one, shit like that, who they're not acting in your best interest. Or the second
• 1:02:21
  issue is what a financial advisor can do is they can say, well, I invested your money, and if the
• 1:02:28
  market is moving, they'll look like a genius. And if the market tanks will be like, well, the
• 1:02:33
  market tanked. That's, well, that's exactly what it was. And that's like the scapegoat, right?
• 1:02:36
  Like that's like the, well, get out of jail free card for not being good at your job. And
• 1:02:42
  and honestly, I know financial advisors and I don't hate them, but I do know that they aren't even
• 1:02:47
  making their own trades. They're just collecting a whole bunch of client funds, and then there's like
• 1:02:51
  these safe bets that the bank is putting your money into. So they can make more money on that.
• 1:02:56
  And they can, and they're probably incentivized to put money into certain things based on anyways.
• 1:03:01
  So financial advisor, like take, take life into your own hands and figure shit out yourself,
• 1:03:08
  because no, you mentioned before financial advisors are just making you the bare minimum.
• 1:03:13
  If the market goes sideways, then they're just going to throw their hands up and say, sorry,
• 1:03:17
  it's the market, not me. And then of course, the bank's making way more money because that's
• 1:03:21
  what you're really doing. You're giving your money to the bank to play with. And they're going to make,
• 1:03:25
  you know, X percentage more than you are on your own money. Kick you back the dog 100%.
• 1:03:29
  So I'll say this, who do you want to learn how to make money from a financial advisor who
• 1:03:35
  doesn't make the type of money you want to make? Not even let me take a step back. By the way,
• 1:03:39
  some of them are like 25 years old. They just went to school. I went to school too. I just
• 1:03:43
  didn't go to school for that. But like my point is it's not hard to become a financial advisor.
• 1:03:48
  It is hard to consistently make money trading, which is what I do. So who do you want to learn how
• 1:03:53
  to trade from and make money in the stock market from? People that are making money as a financial
• 1:04:00
  advisor because they went to school and don't even do their own trades or have proof of it.
• 1:04:03
  People selling you an AI bot, which you don't even know if they do their trades on their
• 1:04:07
  AI bot or somebody that has a track record and can prove to you live what his returns are when
• 1:04:14
  he trades. You know the answer logically. Now here's what I would say since I can't give financial
• 1:04:20
  advice. Here's what I would I almost said advice. Here's what I would say. What are your goals?
• 1:04:29
  That's the question. If you want to have a W2 and you like your W2 and you're like,
• 1:04:32
  dude, I'm a senior engineer in Microsoft. We have a client that is one. He's like, I don't
• 1:04:36
  necessarily want to quit my job, but I'd like the option to like not work here in 10 years.
• 1:04:42
  I'm like, sounds good. So you're giving yourself 10 years to hit that. Sounds good. Okay.
• 1:04:46
  I think you need to have more aggressive investments than the 401k and index funds because index funds
• 1:04:52
  are for wealth preservation, meaning when I get to a certain liquid net worth, yes, I will
• 1:04:57
  diversify into the S&P, but it doesn't make sense right now and I'm a lot. Okay. I'm going to
• 1:05:02
  make three to five mill this year. I'm still not investing in S&P. So it just doesn't make sense
• 1:05:08
  right now. So what are your goals? My goals might be different than yours. That's why I invest in
• 1:05:12
  things with higher returns like peptides. If your goals are to have a W2 job and have a just
• 1:05:20
  more lucrative stock market strategy that can give you cash flow and give you a higher level
• 1:05:28
  investment account, you should trade options. Here's why trading crypto and forex can get screwed
• 1:05:34
  really easily. It's not regulated trading futures requires too much time sensitivity and attention.
• 1:05:39
  Like you said, even Bitcoin futures 15 minute nonsense prediction, right. Trading options allows
• 1:05:44
  you to do a part time. I've done it since 2017. That's the one. Okay. I'm obviously biased, but look
• 1:05:51
  on my shirt. Trade with me for free. You can come trade with me for free because we're that good
• 1:05:57
  for a few days. Then you can decide after you do your due diligence after you talk to the members
• 1:06:01
  in our community who never had a background trading options. Some of them never even invested in stocks.
• 1:06:08
  A lot of them only had S&P and 401K. That's what I would say. I would say there's no point in
• 1:06:15
  investing in real estate until you have a lot of money too, but I'm also not a real estate guy.
• 1:06:21
  It's like, yes, my friend makes 700K a year and has 15 Airbnb's, but that takes work. If you
• 1:06:27
  have a W2 job, that's hard to do. You just need to think about what your goals are and where you
• 1:06:33
  want to go. For me, where is my money right now? Options, most of it, stocks, some, crypto, some.
• 1:06:42
  My business, a lot, high returns, peptides, good stake in it, not a lot, 70Ks, but it's all about
• 1:06:51
  what your goals are. That's how you think and where you're at in life and how much money you have.
• 1:06:56
  And then you start to diversify. I actually found another Buffett quote, which I thought was
• 1:07:00
  interesting coming from him, because I don't think people know that this is a Buffett quote,
• 1:07:03
  but why diversification is only required when investors do not understand what they're doing.
• 1:07:09
  Which is so interesting because Buffett is considered the king of investing basically,
• 1:07:15
  but for some reason, people always think to diversify, diversify, diversify. And I've always found
• 1:07:20
  that, okay, fine, it's cool if you diversify, but what if you just understand one thing better than
• 1:07:26
  anyone else? Boom. So think about it this way. Another reason people fail is because they don't stick
• 1:07:32
  to one strategy in the industry that they're trying to partake in. Example, why Buffett said that
• 1:07:38
  is because he knows how to buy and hold stocks. He doesn't also do futures. He doesn't also do
• 1:07:44
  4x. He doesn't also do crypto. Stop trying to trade at all. There's money everywhere, but you need
• 1:07:49
  to lock in. I swing trade options and day trade options. Technically, those are two things, but the
• 1:07:55
  formats of the trades are the same. People say, Cam, do you do spreads? Don't even want to get into
• 1:07:58
  what that is. It's just a different style. No, do you do this? No. I trade options. That's why I'm
• 1:08:04
  successful. I'm locked in on it. The HubSpot podcast network is a success story partner. Now,
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  I'll look up. It's two in the afternoon. I haven't even had a real meal, and then I'm just
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• 1:09:20
  just let me get the pronunciation right, because they told me they like five times I need to get
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  this right. It is Odo, Odo. Here's why I actually care about this one. A few years ago, I was running
• 1:09:29
  my company with a video editor, one city, a designer, and another city. I had a VA overseas. Every
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  Friday night, I was logging into three different platforms to pay them. It was different fees,
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  different invoice formats, a Google sheet I was updating at midnight to track who got what. That
• 1:09:42
  was my payroll. Odo is a platform I wish I'd had five years ago. It's not a tool. It's basically
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  an operating system for a business, accounting, invoicing, project management, inventory, HR. There
• 1:09:51
  are over 45 applications all connected, all running on one platform, and here's the part that got me.
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  The same platform that runs your books can also build your website, e-commerce signatures, the whole
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  stack. It's one login, one source of truth, and the kicker is at the first app. It's free for
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  life. Unlimited users, hosting included, and after that, one subscription unlocks everything else.
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  If you are stitching six tabs together to run your company, adding most of us are sometimes,
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  just go look at this thing. Odo.com start with one free app. Obviously, fast forward to today,
• 1:10:20
  bringing it back to the story where you were killing it in your job. You obviously weren't
• 1:10:27
  satisfied with that. You left. You went on this entrepreneurial journey, more or less.
• 1:10:34
  You've been successful. I am very curious. How much money? I don't want to say how much money
• 1:10:38
  you've made, because if you were talking about $3 to $5 million a year, what's the most
• 1:10:43
  amount of money you've ever made on a ticket? A trade, a bet, what's that win, the biggest win
• 1:10:50
  you've had, but also what's the most amount of money you've ever lost? I only risk 10 to 20%
• 1:10:58
  of my account per trade. Most of the time. Is that normal? That's good risk management. If you have
• 1:11:04
  10 grand, put 1000 into a trade. If you have 100K, you can put 20 into one. If you have a full
• 1:11:12
  conviction on it. I've made like 50 on a single trade by over leveraging. Yeah, I have for sure.
• 1:11:22
  I've lost 10 in one trade. I lost 10 on a balance here trade this year. That's not horrible.
• 1:11:28
  No, it's not at all. Once you build a buffer, you can be more risky because you're now
• 1:11:31
  you're playing with house money. The most I've lost in real life is 200K in one 15 minutes.
• 1:11:39
  I do lose 200K. I lost 200K in 15 minutes getting robbed at gunpoint with automatic rifles
• 1:11:45
  by making a bad decision and being in the wrong place at the wrong time. So here's the story.
• 1:11:51
  This isn't good for my brand either necessarily unless you want it to be. So I'm still happy to
• 1:11:56
  share it. But basically there was a stint where I got laid off from tech and I was angry that I
• 1:12:02
  got laid off and I didn't feel like I deserve to be laid off and I kind of went down a dark path
• 1:12:07
  and there were opportunities to make money doing things that were kind of gray. One of those
• 1:12:12
  things allegedly is the cannabis industry because there are a bunch of people with licenses
• 1:12:18
  that are legal operators but cannabis is still a schedule one drug which means they are
• 1:12:25
  taxed on their gross profit which is absurd. Imagine if you were taxed on your gross, you'd be broke.
• 1:12:30
  So they use the licenses to then sell cash deals, do cash deals and not pay taxes at all.
• 1:12:37
  I said, yeah, I allegedly coordinated a deal that was not white, it was gray and it did not go well.
• 1:12:53
  Because I was responsible, I had not had to. I could have just not paid and like disappeared but
• 1:12:58
  like I'm a good guy and I owned up to it. Paid 200 grams of the person that got screwed over which
• 1:13:04
  ultimately was me. He didn't get screwed. He was made holy, he got his 200 grand.
• 1:13:09
  We're still good to this day. But that, I tell that story because you have to understand
• 1:13:16
  that risk is relative. The reason I make three to five million a year now after losing 200K
• 1:13:21
  is because I almost lost my life. Explain how did the deal go back?
• 1:13:26
  I don't want to get into all the specifics but I basically coordinated a deal between a buyer
• 1:13:29
  and seller where the seller robbed the buyer and I was there with guns, ARs, automatic rifles, yeah.
• 1:13:37
  Allegedly. So this happened a long time ago but that showed me because in that moment,
• 1:13:45
  dude, the way it feels to be honest with you is like, let's just not die. Genuinely,
• 1:13:49
  those are the four words, like let's just not die. Play down. They weren't super violent to,
• 1:13:56
  like they weren't violent to me. It was just more like, don't be an idiot. Just lay down,
• 1:14:02
  waited. It was gone. They drove off. It's over. And I'm like, okay, I'm broke. Sounds good.
• 1:14:09
  And when I was broke, I took new risk. That's what the problem with people is. Is that once they take
• 1:14:16
  a risk and lose, they do not risk again and wonder why things don't work out for them. Okay.
• 1:14:22
  Say that again. Once they risk and lose, they don't, yeah.
• 1:14:27
  Once they risk and lose, they don't risk again, which is why they ultimately lose because they
• 1:14:32
  don't take any more risk to win. Okay. So what ended up happening is I was like, okay,
• 1:14:39
  and a lesson to that too is there's another side to that is don't take a risk you can't come back
• 1:14:43
  from. That's why I don't, when Bradley said, why don't you invest more in your trades? They're
• 1:14:47
  so good. Well, I don't want to over leverage. I'm happy to lose 10 grand on balance here. It's not
• 1:14:52
  a lot of money for me. Okay. But for somebody it is. So that's why we have rules that we teach. Right.
• 1:14:58
  So I follow my rules. After I went broke, I went to a American Express Wells Fargo Chase,
• 1:15:07
  US bank, and got $92,000 in leverage, zero percent interest credit. I had great credit,
• 1:15:12
  power of credit, bought myself time to get back on my feet. Credits risky. Okay. Well,
• 1:15:20
  do you want to just tell your other friends that you have an 800 credit score that you do nothing
• 1:15:23
  with? That sounds pretty stupid to me. Well, I not just use your credit. There's a point. It's
• 1:15:27
  called credit. Imagine having a good reputation not using it. So you took a big risk. It's just wild.
• 1:15:31
  So you went from career 9 to 5 W2 to working in cannabis and and huge risk. Well,
• 1:15:39
  continuing to rob that gunpoint, I think that most people would be totally understanding if you
• 1:15:44
  said I never want to build a business ever again. This is way more shit than I ever thought I'd have
• 1:15:48
  to deal with. Okay. Fine. You take credit. You get 92 grand out. You're back on your feet. But
• 1:15:54
  what's what allowed you to take risk again? Not risk with the $92,000 credit, but risk in terms of
• 1:16:01
  I want to be an entrepreneur. And this is the path that I want to pursue. I just knew that every time
• 1:16:06
  I worked at W2, whether I was a top performer or not, they always like said something like,
• 1:16:12
  damn, you're not you're not a culture fit, Cam. I'm like, I'm not. Now I have a t-shirt that says
• 1:16:15
  not a culture fit. I'm really not a culture fit for a corporate environment. I am really me and
• 1:16:21
  I have a hard time not being me. And I have a hard time not being authentic. I have a hard time
• 1:16:26
  acting a certain way. I have a hard time asking people in the lunchroom, how is your weekend having
• 1:16:33
  them? Three people ask me, how is my weekend? I have explained it three times. I have a hard time
• 1:16:36
  with that. And I just knew I wanted more. I was like, this is not what I want to do till I'm 40.
• 1:16:45
  I cannot be 40 and be my own VP of sales. Meaning the VP, I looked up at the highest level. I was
• 1:16:50
  like, okay, these guys, you know, Nolan Ferris, great guy. Awesome dude. Super cool. He would still
• 1:16:56
  like me if he saw me. That was the last type company I worked at. He went, he took indeed public.
• 1:17:01
  He was number 50 or in the top 50 indeed people. I just don't want that life though. I don't want
• 1:17:06
  to take the bar to San Francisco public transportation at age 45 and be rich. He's in the New York office.
• 1:17:13
  That's not the point. The point is I don't want to live where I have to live. I want to live where I
• 1:17:17
  want to live. That was the problem with W2 is that like you have to live here. Now I can live in Dallas
• 1:17:22
  and be way richer than everybody living in the bay. Yeah. Even if I made the same amount, which is
• 1:17:26
  funny, like I would be richer if I made what they made. I make more and live somewhere less.
• 1:17:30
  Quote, unquote, less. Tier two cities is the hack. Go overseas if you can. I'm trying to do that
• 1:17:35
  eventually because it's like the food is better. It doesn't blow to you. The, bro, me and my
• 1:17:40
  girl were in Colombia for like, I think seven or eight days. I never was bloated after a meal.
• 1:17:45
  Neither was she. She's like, the food here is better everywhere we eat out. Like we're like, we
• 1:17:48
  have to go hell expensive restaurant. Like the most expensive restaurant just to have good quality
• 1:17:51
  food because everything in the middle sucks. So what I'm hearing is basically the the thing that
• 1:17:56
  caused you to continue to be an entrepreneur and to build your own thing was ultimately like control
• 1:18:00
  over your own life and real. Yeah. Sorry to cut you off and realizing the life at the end at
• 1:18:05
  the highest level of W2 is not what I wanted. One story you brought up a few times. First of all,
• 1:18:12
  you've said because of this robbery and you know, this cannabis deal going really bad. I know
• 1:18:17
  God exists because I did not die. I should have been killed that day. And you've said this on
• 1:18:21
  the few podcasts and I'm just curious if this changed your perspective with risk with almost
• 1:18:27
  your perception of mortality with how much time you have on this earth. Because I wonder if you
• 1:18:31
  actually took it and you're like, you know what? I'm still alive. I'm going to go all in on
• 1:18:36
  the next thing. Yeah. I mean, my relationship with God is definitely closer. Like I don't,
• 1:18:42
  I would say I'm Christian, but I'm new to Christianity. My girl is Christian, but I have always
• 1:18:46
  believed in God. And this like, I have made mistakes that could have resulted in me being killed.
• 1:18:54
  And I know people that have died from making similar mistakes. So knowing that for whatever
• 1:18:59
  reason, God protected me. You can call it luck, but I think it's God protected me. And I also realize
• 1:19:05
  like there are still rules that I am going to quote unquote, not follow because it aligns with
• 1:19:10
  the life I want. So some people say, don't do business with your friends. All my friends work for
• 1:19:14
  me. Or I shouldn't say all my friends. I have certain friends that do other things, but my
• 1:19:18
  company is built with my friends. John Banks, we've been friends for five years. He was actually a
• 1:19:24
  client, a paying client that was a friend first. Then we became closer friends because he realized
• 1:19:30
  my stuff works. And then he now works with me on the team, Catalina, friend for four years.
• 1:19:39
  Damn, what else is on my team? DJ Brian Jenny, right? Like I'm built Tyler. Like I'm building a
• 1:19:46
  company because at the end of it all, I want to go and be like, damn, we really did this shit
• 1:19:52
  together. And this was real. And this could happen. And like, that's the impact, right? I could start
• 1:19:57
  a fund to like, let's say for the client, that's my company now. Let's say on the client side,
• 1:20:01
  I could start a fund and manage the money of super rich people. What impact am I making though?
• 1:20:04
  It's like, do I really want to look back and be like, that's super dope. That's the whole reason
• 1:20:08
  I don't just trade trading doesn't affect anybody about myself. Like I love my client testimonials
• 1:20:14
  because I watch them sometimes and I'm like, oh, she got scammed by the last trading guy.
• 1:20:19
  And now she didn't get scammed with me and she's super happy. That's awesome.
• 1:20:24
  You treat risk tolerance like a muscle, not a personality trait. So what does training
• 1:20:28
  your risk tolerance actually look like? Because I think that is a very, very important
• 1:20:34
  personality trait or whatever. Like I say, you say it's not a person. It's a very important thing
• 1:20:39
  for you to have when you're trying to build a business, when you're trying to trade,
• 1:20:42
  and try to have conviction about anything. Andrew Huberman talks about this. There's a part of
• 1:20:46
  the brain brain. I think there's a part of the brain. I think it's called the anticular mid cortex
• 1:20:50
  something. Okay. And basically when you do hard stuff, it grows hard stuff involves risk. So for
• 1:20:56
  example, that means on a day to day basis, just do things that are a little bit hard. So like,
• 1:21:01
  don't hit the snooze button twice. Hit it once. Wash the dishes earlier than later just because
• 1:21:07
  you don't want to. Talk to the cute girl in the coffee shop line. Just do things that are a
• 1:21:12
  little bit hard and a little bit risky. So you get used to taking some form of risk in your life.
• 1:21:16
  Because most people just do the same thing every day and wonder why they're stuck or you're stuck
• 1:21:20
  because you're not getting unstuck. Here's the thing. People say build confidence, but confidence
• 1:21:27
  comes from results. Okay. So you don't go and get confident without having anything to be confident
• 1:21:34
  about. Go talk to the cute girl. Then get results. Then you will be confident. It's the opposite.
• 1:21:42
  People are doing it in the opposite order. They're trying to be confident to go do something.
• 1:21:45
  It's the same thing with wealth preservation acceleration. Don't invest your 10 grand of SMP.
• 1:21:50
  It won't do anything. You want to preserve the 10 grand. Sounds good. Like it doesn't make sense.
• 1:21:56
  That's how I look at risk. When you start something and maybe even when you go into trades,
• 1:22:01
  you said you operate on 60% certainty. Oh, yes. Most people wait for 90 or 100% to do anything
• 1:22:09
  with their life. What does waiting for actually hitting a 90% certainty actually cost you?
• 1:22:15
  Oh, lost opportunity. This applies to anything. The mindset is courage means you are doing things
• 1:22:22
  despite being scared. You are taking action despite being scared. Most people do not have courage
• 1:22:27
  because they only take action when they're in 100% confident. You think I was 100% confident
• 1:22:33
  to start my business. You think I was 100% confident to enter trades? No. Otherwise, I would never
• 1:22:38
  became a trader. I would just wait for 100% confidence and never got it. You cannot have 100%
• 1:22:42
  confidence in something that you're not great at. It doesn't make any sense. And even when we trade
• 1:22:46
  today, there are trades. We have 80% conviction in. There are trades. We have 100% conviction in
• 1:22:51
  that we're like, we know this is going to hit. But there's trades that we have like, this probably
• 1:22:55
  might only do 20% and we're only 60% confident in that. But we're up. Let's do it anyways.
• 1:23:00
  You just have to under if you understand that mindset, you will be better off. Like even I like
• 1:23:06
  using dating examples because the reason I was able to meet the girl of my dreams and you know,
• 1:23:11
  propose, I'm going to propose this year later. I appreciate it. It's because I understood risk.
• 1:23:16
  So I'm like, the brain is designed for survival and protection biologically, chemistry, whatever
• 1:23:22
  you want to call it. In the tribal areas, wherever the tribes were, people could get in trouble or
• 1:23:27
  killed for talking to the wrong woman in the wrong tribe. Our brain still operates in that way.
• 1:23:32
  So we go to the gym or like, Oh, this is the tribe of Equinox. God forbid. I say something stupid.
• 1:23:39
  No, go on 60% confidence. Go do what you're supposed to do. Even go like with a woman,
• 1:23:46
  it's like, there's really no risk. What's what can she say? No, go with 20% confidence. I don't
• 1:23:49
  give a shit. Go do it because you always feel better after and people say that's a lie. What if
• 1:23:53
  you feel worse? It's like you might feel worse in the moment, but later you will feel better.
• 1:23:59
  It's so funny how this is why, okay, so I look at I look at the things that make people successful
• 1:24:05
  in one part of their life and it's crazy how when you figure out like the mental model that helps you
• 1:24:10
  become more successful in business or more successful in dating like those things bleed over into
• 1:24:15
  each other. So the thing that makes you a successful entrepreneur, a successful trader,
• 1:24:19
  somebody who is with like the woman of your dreams, all those things are the same. And it's not
• 1:24:26
  just the confidence at beyond set. It's like, okay, so if you want to be a successful business owner
• 1:24:31
  or a trader or, you know, a spouse or partner or a husband or a wife, okay, so I want to stay
• 1:24:38
  with it for an unreasonable amount of time. I want to commit to the same for the rest of my life,
• 1:24:42
  right, the business, learning how to trade. The thing I want to learn about the person I want to
• 1:24:46
  be with, the diet I want to go on, the gym routine, like whatever it is. So all these mindset things
• 1:24:52
  are so important, at least for me, because they they create success across every part of your life.
• 1:24:58
  So the same reason why you're with like your girlfriend who's going to be your fiance and your
• 1:25:01
  wife soon is the same reason why a successful trader, a successful entrepreneur. And I just wish
• 1:25:06
  more people understood that if they figure out, okay, how do you take action without having 100%
• 1:25:11
  certainty? How do you, you know, build a stack of proof to create more confidence? How do you
• 1:25:14
  commit to something long term? Like all these ideas, if they just implement them, they'd be so much
• 1:25:19
  happier across every part of their life. You know what people, you reminded me of something. So
• 1:25:24
  I've had a client, I've had many people get on calls with me ready to be a client in a bit.
• 1:25:28
  Cam, why aren't more people doing this? I'm like more with respect to what? And they don't have
• 1:25:35
  an answer, meaning they just think I should have thousands of clients, not hundreds, because what
• 1:25:42
  I'm saying is really good, but they don't understand how the world works. So I'm like,
• 1:25:48
  why don't you have more clients or why aren't more people doing it? Honestly, my answer is this,
• 1:25:52
  it's because you think it's too good to be true. So Alex Hormosi said, you know who thinks,
• 1:25:57
  you know who stays poor? The person who thinks it's too good to be true. They know everything,
• 1:26:02
  but they're poor, right? They're super smart and super sophisticated at making decisions.
• 1:26:05
  I don't like your dad, but they're poor. He's not poor, but he's not. But he wishes he was
• 1:26:10
  rich like my uncle, like he literally says, yeah, it's not poor. Sorry, that was, I'm a spoke,
• 1:26:14
  but the guy who's very smart and doesn't take as much risk. Correct. Like he literally says to
• 1:26:19
  this day, he's like, I did the 401k. He's like, I should have done some of that tech investing
• 1:26:23
  with, with Suresh with your uncle, right? So everyone wishes they were somewhere else.
• 1:26:31
  If they do the safe thing forever, it's, it's always been true. Nobody that does the W2 forever
• 1:26:37
  that I have met that is older is like, yeah, man, this was the path. Like they're just not only
• 1:26:44
  that. I'm not saying you can't have a W2 forever. I'm saying just that and 401k and S&P, they're not
• 1:26:49
  what you think they are. No. And, and in 2026 and beyond, they are less useful to the average person
• 1:26:57
  than they were 50 years ago. Absolutely. And that's the thing that people don't realize. Like the
• 1:27:01
  games changed. That's like saying that bro, that's like saying don't use AI to learn things.
• 1:27:06
  It's silly. No, I use Claude whenever I have a question. So, so use the new world's tools.
• 1:27:14
  There are now possibilities for you that were not possible 15 years ago. Sorry, 50 years ago,
• 1:27:21
  even 15 years ago, dude, even 15 years ago. What is the, what is the quote on your arm? Oh, yes.
• 1:27:28
  Okay. The reasonable man adapts himself to the world. The unreasonable man adapts the world to
• 1:27:34
  himself. Therefore, all progress depends on the unreasonable man. I like that. Henry Ford said that.
• 1:27:40
  Ford Motors horses were before him. He was a very unreasonable. I said, what do you mean cars?
• 1:27:47
  Think about where we'd be without Henry Ford being unreasonable, right? So I live by that because
• 1:27:51
  I'm like, and I questioned and doubted myself a lot along this path. I was like, dude, am I wrong?
• 1:27:56
  Is everyone right? Am I stupid? And bro, I have, you know how Facebook brings you memories and
• 1:28:00
  says like, oh, you said this. Bro, I used to say things that are still believed to this day.
• 1:28:04
  And people used to comment in high school, whatever you say, Cam. These guys are broke losers now,
• 1:28:08
  bro. It's embarrassing. And I'm like, I knew I was right. But you just have to wait. Act with
• 1:28:13
  self-doubt, act with doubt, act with fear. And you will be fine. One of your favorite quotes that
• 1:28:19
  you said, change is going to make you feel bad. It gets bad before it gets good. People are looking
• 1:28:24
  for 100% of a good feeling before making a decision. That's why they don't change. Was I was
• 1:28:30
  always going to say, was there was there a moment in your life when you stayed in the discomfort
• 1:28:34
  too long? No, because I didn't think it was too long. So it's in my head, right? It's in your
• 1:28:40
  head. Like you think something is too long. But once again, James Jackson talks about this. He's
• 1:28:46
  like a big prenup divorce attorney. But he said, whenever you say something or hear something,
• 1:28:51
  ask yourself with respect to what? Meaning like, you're saying something is this uncomfortable.
• 1:28:56
  But compared to what is walking up to the girl uncomfortable compared to what? Like compared to
• 1:29:02
  getting Rob a gunpoint. No, it's not. That's very uncomfortable compared to being single compared
• 1:29:05
  to being single forever. No, it's not really. And also on a mindset tip, I always tell myself
• 1:29:13
  when doing something scary, which I'm actually at the point where I need to push myself a little
• 1:29:19
  harder because I've gotten a little comfortable with my financial situation. But I'll use the
• 1:29:26
  dating example because it's really easy. But if you see a girl in the gym and she's in shape and
• 1:29:30
  you like her and you're interested, just say, look, everyone else feels the same way in their
• 1:29:33
  poses. And if I do this, I'm not a pussy. Just say that to yourself. And then you will see, damn,
• 1:29:38
  I got to go do this. And then if you, but fuck a line, fuck charm, just go up to her and be like,
• 1:29:43
  listen, hey, sorry to interrupt. I'm actually super nervous. I don't do this a lot. I thought
• 1:29:48
  you were attractive. I wanted to say, I worst case, she won't think you're weird. That's true.
• 1:29:52
  She still won't because that's not weird. No, it's not weird at all. Just say it the way I said it.
• 1:29:56
  Like own whatever you're saying. Because then you will realize like people get rejected by women
• 1:30:02
  too or like reject it in general because they're like, hey, I don't mean to bother you, but I
• 1:30:07
  thought you were cute. Like, that's weird. That's very weird. Joe, be normal. You are normal.
• 1:30:12
  You just think you're not normal because you have feelings that are stuck in your head that
• 1:30:16
  everyone else in the gym thinks. And I say the gym thing because like, that's where people go
• 1:30:20
  every day that they see attractive women and they don't, I don't want to approach her in the gym.
• 1:30:23
  I don't want to shit where I eat. That's your bullshit excuse. Half my exes are from the gym.
• 1:30:27
  Get the fuck out of here. And they're all way harder than me. Because that's where the hot girls
• 1:30:30
  are that aren't in the club that aren't drunken, confused, wobbling around. I wish that more people
• 1:30:35
  would look at life the way you look at life because I think that this is a very positive. But to your
• 1:30:39
  point, this is a very positive way to sort of evaluate risk, evaluate change, evaluate discomfort,
• 1:30:45
  all the things that this is why you're successful because you apply this to picking up women
• 1:30:49
  in a gym. This is you apply this to the business you're trying to build. But you're also right.
• 1:30:54
  Not everybody is going to listen to this podcast and do anything with it. Some people are going to
• 1:30:59
  listen to it. You're like, Oh, those are all good ideas and do nothing. So you can listen to
• 1:31:04
  shit all day. You can, you can be obsessed over learning. But at the end of the day, if you don't
• 1:31:08
  take action, if you don't do anything, it doesn't matter. Okay. Here's what I'll say to that too.
• 1:31:12
  Once again, ask yourself, if you're considering not doing something after I showed my Robin Hood
• 1:31:16
  account, after I showed you a $2 million Morgan Stanley account, after I am willing to let you
• 1:31:21
  trade for free for a few days to see if I'm willing to let you caulk to my clients, ask yourself,
• 1:31:26
  what are you willing to do with respect to what? Meaning, if I am a course guy or if I am a system,
• 1:31:31
  which I'm not a course guy, but if I'm a business owner that has a system with respect to what,
• 1:31:35
  should I advertise in the newspaper and not on the podcast? You're not reading the newspaper. So
• 1:31:40
  do your due diligence before saying something is too good to be true. Then if you do your due diligence
• 1:31:45
  and want to tell me that I'm incorrect after trading with me for a few days, fine. Haven't had it.
• 1:31:51
  Like no one who does their due diligence doesn't sign up. I've noticed that everybody who actually
• 1:31:55
  does their research signs up because it makes sense, because with respect to what, if you're not
• 1:32:01
  willing to work with me, either I don't align with what you want, which is kind of hard because
• 1:32:08
  who doesn't want to make money doing nothing? We have a soft. I think that if people don't invest in
• 1:32:14
  general, I think it's because they feel like they don't have control over their own life.
• 1:32:19
  Like this is this is why people wouldn't invest at all. But there's a lot of people like that.
• 1:32:24
  Like I know there's a lot of people like that because I have friends,
• 1:32:28
  less now because of what I do for a living, but I have friends that, I mean, once you level up
• 1:32:32
  your circle, you realize that these ideas of investing and sort of taking ownership of your
• 1:32:36
  own life and your own circumstances, they're pretty common with all the people that are successful.
• 1:32:41
  But yeah, there's a whole bunch of people that they've been burned once and they don't want to
• 1:32:46
  invest again or whatever. And I won't name names, but like, yeah, I mean,
• 1:32:53
  I think it's I think people have to understand that, I don't know, how do I say that that's
• 1:32:59
  not offensive? Like you just like, like if you're getting burned, first of all, you should never
• 1:33:08
  put 100% of your money in so you never get to the point where you can get burned burned and lose.
• 1:33:14
  But life is full of risk. I'll give you a real example. So I have family friends, older generation,
• 1:33:21
  and this influenced a lot of the people in our social circle growing up in my friends,
• 1:33:27
  my parents, friends. So one friend of my parents, they lost 100% of the retirement when Nortel
• 1:33:36
  went bankrupt. Nortel is like a very, it's like a Verizon or AT&T. It was like fortune, I think
• 1:33:41
  100 fortune, 500 for sure. It was enormous. Publicly traded. They went bankrupt.
• 1:33:48
  Totally unexpected was unprecedented with the amount of the size of the company going to zero,
• 1:33:53
  basically. If you if you've ever looked in like a doctor's office anywhere, like a phone
• 1:33:58
  on the counter, that's what they made. They made like phones for almost every business in the
• 1:34:02
  world and you'll see their phones everywhere. But the point is they were enormous. They went to zero.
• 1:34:07
  So when people lose their life savings like that, they never, ever want to invest in anything
• 1:34:12
  ever again. First issue is that their life savings were in one company. Second issue was
• 1:34:19
  like you just because something bad happened doesn't mean you can never figure it out ever again.
• 1:34:24
  Like you do have to you have to move on. You have to take out like I've lost money in investments.
• 1:34:29
  For sure. I've been scammed and I've been robbed. I've never been robbed. I've never been robbed.
• 1:34:34
  Thank God knock on wood. Never happens. But the point is you like you got to move on and you got to
• 1:34:42
  use that shitty circumstance as education. And now you're going to be you know 10x the pain in the
• 1:34:49
  ass to cam because now you've been burned before. But now you're going to you're going to understand
• 1:34:53
  the questions to ask. This is like the evolution. This is healthy. And then you go into the next
• 1:34:57
  thing with a little bit more research, a little bit more conviction. And eventually something works
• 1:35:01
  out. It does work out. If you sort of like hedge the risk. Do you do diligence? Don't take the
• 1:35:08
  loss as failure, but as a lesson for the next thing. Eventually it will work out. That's the way
• 1:35:13
  I look at it. Always remember that the biggest risk is playing it safe forever. Because you will
• 1:35:20
  realize at the end of it all, it is not what you thought it was going to be. I think that people
• 1:35:24
  that aren't investing in you or otherwise. We're going to run into an issue at some point with a
• 1:35:29
  younger generation that doesn't have pensions that doesn't have even investments that doesn't
• 1:35:34
  have any wealth built at all. And they're going to figure out at about 45, 50, 55 that they're
• 1:35:41
  fucked and they're going to have no idea what to do. And I don't think we've hit that point yet
• 1:35:46
  because I mentioned before like my dad and my parents generation I'm 35. They all had pensions.
• 1:35:54
  They all had retirement set up. This is going to be the first generation of people that are
• 1:36:00
  living paycheck to paycheck. And life is quote unquote, okay. And then they're going to hit 50
• 1:36:05
  years old and they're like, shit, how do I stop working? Or they're going to have a medical thing.
• 1:36:10
  And then they're going to be like, I can't afford this. I just don't think this generation is
• 1:36:15
  actually thinking ahead to the future at all. Even the new rich kids like the Miami balcony boys
• 1:36:21
  and stuff, I didn't realize I make way more money than these guys, but I spend way less. I'm like,
• 1:36:25
  damn, you guys are living really good. They spend a lot of money, bro. I don't spend that much money.
• 1:36:29
  And I still travel first class international domestic. I do business, right? I drive a $70,000
• 1:36:36
  car, but the payment is $390 because it's not a lot. Brent is 3,400, big house, tier two city.
• 1:36:45
  So it's like, I think the reason a lot of these new rich kids are going to end up fucked is because
• 1:36:51
  of what you just said, they're spending too much. They're not investing in themselves in the
• 1:36:54
  right things. And also on a mindset level, porn is the new drug. I don't know how much you want to
• 1:36:59
  even care to talk about that. But it's like, like, these guys are hooked, man. And they are distracted
• 1:37:05
  and they're spending money on women, because that's apparently cool. Oh, I don't, I don't even
• 1:37:09
  understand that. Well, luckily you're 35. You don't, yeah, I don't, I don't understand that at all.
• 1:37:13
  That's very strange to me. Like the whole like only fans epidemic and they're not on alcohol anymore.
• 1:37:18
  They're hooked on women because once again, technology made them attached to their phone.
• 1:37:24
  So they don't have social skills. So only fans is really easy to access. And they can at least
• 1:37:28
  communicate with a woman without risk because there's no fear associated with them. That thank
• 1:37:33
  God. I mean, like when I started dating, I've always been in like very long term relationships.
• 1:37:36
  When I started dating, Tinder didn't even exist. And then I've never met somebody really
• 1:37:40
  through dating apps. I mean, actually, that's kind of a lie. I mean, the current, the current,
• 1:37:46
  the current one, G, my fiance, I met her through sliding into her DMs on Instagram,
• 1:37:52
  but whatever. But you had a brand or no? Huh? You had a good, like, presence on IG. Not really.
• 1:37:57
  I had nothing. That's a good one. I had nothing. No, she's actually the reason why I started content.
• 1:38:02
  My girls are reason I started going to the gym seriously. My girl, I did the Leila Hormosi
• 1:38:06
  Alex Hormosi thing with my girl when I got robbed. Yeah, I totally listen. I'm a sinking ship.
• 1:38:10
  I got laid off. I got robbed like in a row, right? Like, I'm like, you should probably go.
• 1:38:15
  Like, you're only four or only four months in. Like, you should probably go. It's okay. And
• 1:38:19
  she stayed. She started paying for stuff. She moved in, paid half the rent and bills for a year,
• 1:38:26
  and paid for half the travel when we went to network and do stuff for me. And you just can't
• 1:38:31
  walk away from somebody that really has your back, bro. I had a low point too. And with G,
• 1:38:37
  I said the same thing, which is wild to me because I heard that Leila Hormosi Alex Hormosi story.
• 1:38:41
  I'm sorry. Leila was, and for really don't know, basically Alex said at one point, like,
• 1:38:47
  you should just leave me because I'm not doing too hot. And I had that moment with her at one
• 1:38:54
  point. And she's like, what are you fucking idiot? Like, no, I'm in this. Yeah. And like,
• 1:38:59
  yeah. And on the dating app thing too, like, I've dated girls from dating apps, but it's hard
• 1:39:04
  to like showcase who you really are. So you're not going to give yourself the best chance of success
• 1:39:09
  unless you're super like, and that's a thing. It's like even the really, really, really good looking
• 1:39:15
  guys that I know that do better on dating apps. It's like, dude, my charm gets me in the door. Like,
• 1:39:20
  it's not. Oh, 100% dating apps. You can't really, you can't really show who you are. No, it's text
• 1:39:25
  based. Yeah, text, meaning like messaging was like, if you can, you got to think also that's
• 1:39:30
  the cesspool that everybody's playing in, whereas at the gym, no girls are really getting approached
• 1:39:35
  by that and the right approach in the right way. Or at the coffee shop guys are ignoring girls
• 1:39:39
  because they're attached to their phones. So go play big fish small pond. I do this. My dating
• 1:39:44
  strategy is my trading strategy. It's big fish small pond. I would say the lesson is like, just go
• 1:39:49
  do shit that people are unwilling to do in life. That's like a good, a good way to end up in a spot
• 1:39:55
  that nobody else is in. Like, if everybody, if everybody is like, okay, I'm happy with dating
• 1:40:00
  and sliding into DMs or going on Tinder. Or I'm happy with a W2 job, but just do the opposite.
• 1:40:07
  And you'll end up probing a pretty good spot. It's not that hard to be most people. Most people suck.
• 1:40:14
  That's the line. That's the line. Let's bring it home. Okay, so let's leave the audience with
• 1:40:21
  a little bit of wisdom. They've listened to the podcast. A lot of information. Of course,
• 1:40:28
  you have a discord set up where people can go trade for free for seven days. So we're going to
• 1:40:33
  put that in the show notes below. Where can they connect with you? Profit with Cam, add profit with
• 1:40:37
  Cam. Yeah, so at profit, PRO, FIT with Cam, KAM, okay. Instagram is where you can message me
• 1:40:46
  directly. YouTube is where you can go and see longer form videos about trading and like strategy
• 1:40:53
  and stuff that we do. And then we'll have the discord link in the description. All you have to
• 1:40:57
  do is join it's free. And then I will message you to book a call and walk you through how it works.
• 1:41:03
  Okay. And then it's pretty straightforward. Two things will happen when you're in there. One,
• 1:41:07
  you will be able to see that other people are making money and talk to them. Or you will actually
• 1:41:12
  get into trades and take the risk and follow along. Either way, it's pretty hard to ignore if you
• 1:41:18
  show up for seven days. Like if you actually do the trial, we give it away for a reason because we
• 1:41:24
  know it's not a waste of our time because we know you will see what's going on and what's going on
• 1:41:29
  is very good. When people, they'll go in, they'll trade for seven days. If they are just listening to
• 1:41:38
  this and you just want them to walk away with sort of one insight in terms of investing, in terms of
• 1:41:42
  options, just like one last piece of wisdom that they can take away and just action to more of what
• 1:41:47
  would that piece of wisdom be? In general or in relation to the trial? Let's let's start in in terms
• 1:41:53
  of options and investment. And then I'm going to ask you in just in general. Yeah. So the American
• 1:41:59
  investment middle class system 401k S&P 500 buying stocks and waiting forever is built for you to fail
• 1:42:07
  because you do not have a lot of money and that is why those systems exist. Meaning the bank is
• 1:42:12
  taking your money that you put in your checking account and doing riskier things like trading options
• 1:42:17
  literally and doing loans and high interest loans and doing the things that they do to make a lot
• 1:42:22
  of money and then give you a little bit of money. So how can you retire off of that? Can't.
• 1:42:29
  Two on a mindset. That's a financial system. On a mindset thing, remember that most people are
• 1:42:36
  operating just like you, which is why you guys are all in the same place and you need to change the
• 1:42:42
  way that you make decisions to get a different result. So if you come on a call with me and you want
• 1:42:48
  your life to change and you do your due diligence, but you let fear hold you back from a next step.
• 1:42:52
  Whether it's with me or the next thing or the girl at the gym or anything, you need to change the
• 1:42:56
  way you make decisions to get a different result. Don't want or expect different unless you're
• 1:43:01
  actually willing to change the way you make decisions. 70 grand for the peptide business that I'm
• 1:43:06
  in was a little bit scary, more for pride, not for the amount of money that I have. Meaning like,
• 1:43:12
  damn, if I get screwed, that's kind of embarrassing. I've known this guy for a long time. He's a good dude.
• 1:43:19
  But I know that's not the case, but you still feel it. Do I act on feeling or do I act on logic?
• 1:43:25
  I act it on logic and due diligence. That's how you should make decisions.