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Top 10 Investment Lessons of 2022 · Earn Your Leisure

• 0:00
  Speaker 1: What are the top ten investment lessons of this year?
• 0:06
  Speaker 2: For me?
• 0:09
  Speaker 3: Defense? One pound of defense will save you ten pounds
• 0:13
  Speaker 3: of trouble. So I know we all want the gains,
• 0:16
  Speaker 3: but the gains that we want are baked into defense first.
• 0:20
  Speaker 3: So please write this down. In the worst case scenario,
• 0:23
  Speaker 3: if your life was on the line and all your
• 0:25
  Speaker 3: money went into one investment, whether it was a cryptocurrency,
• 0:27
  Speaker 3: a person a stock token, derivative, what is the absolute
• 0:32
  Speaker 3: rock bottom price that you should pay to get in
• 0:34
  Speaker 3: for it. Number two, your risk to reward ratio, especially
• 0:39
  Speaker 3: in a recession or depression, matters even more so for me,
• 0:43
  Speaker 3: even with people that I hire employee work with the
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  Speaker 3: minimum that I'm looking to receive in twenty twenty three
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  Speaker 3: going forward, it's eleven x. Secondly, is fifty x. Number three.
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  Speaker 3: Regardless of what you're investing in, you have to look
• 1:01
  Speaker 3: at the top four and that space and don't deviate.
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  Speaker 3: I know we want incredible gains to the upside, and
• 1:09
  Speaker 3: sometimes we want to gamble into space, but when the
• 1:12
  Speaker 3: drawdown hits us and some companies are like down eighty five,
• 1:16
  Speaker 3: it's not fun to go through. Number four. Please write
• 1:20
  Speaker 3: this down. Please stick with your process, no matter what
• 1:23
  Speaker 3: anyone on Earth tells you. I remember when I was
• 1:27
  Speaker 3: telling everyone twenty thousand was coming in bitcoin and what
• 1:30
  Speaker 3: seemed like these crazy prices and ethereum, and what if
• 1:35
  Speaker 3: Michael Saylor's fund potentially went under. I don't want Mike's
• 1:39
  Speaker 3: fun to go under, but it's at a level where
• 1:43
  Speaker 3: I'm worried about margin could be called pretty soon if
• 1:47
  Speaker 3: we have one more event, that's pretty bad for him.
• 1:53
  Speaker 3: And the thing going back to making eleven for every
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  Speaker 3: dollar you put in, or making fifty twenty three to
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  Speaker 3: twenty twenty six. If you get eleven 's, those returns
• 2:04
  Speaker 3: may have to stretch out for you over a three
• 2:06
  Speaker 3: or four year period. So I don't think we may
• 2:09
  Speaker 3: be looking at for a year over year returns. If
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  Speaker 3: you're not a seasoned investor, you may have to look
• 2:14
  Speaker 3: to get gains over a two year period that will
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  Speaker 3: last you for or one year the last year over three.
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  Speaker 3: Number four. Always keep the investor in front of anything else,
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  Speaker 3: and hunt for an edge in a market every day.
• 2:28
  Speaker 3: So in my walks on Wall Street in the New
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  Speaker 3: York stocking shames, Peter, thank you, Frankie, thank you everyone.
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  Speaker 3: I sit to theere, thank you. The one thing that
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  Speaker 3: I see amongst the traders that are really good, and
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  Speaker 3: there's a couple that I want to highlight. In twenty
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  Speaker 3: twenty three, I met a gentleman who when he initially
• 2:43
  Speaker 3: went to a hedge fund only had three clients. He
• 2:45
  Speaker 3: now has thirty bulk of business at almost three hundred million.
• 2:48
  Speaker 3: I asks him what is he doing? And I'm seeing
• 2:50
  Speaker 3: them every time that I'm there. He's literally hunting for
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  Speaker 3: deals for everyone and finding one way to get better
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  Speaker 3: in the market every day, whether it's fundamentals, whether it's
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  Speaker 3: technical analysis, whether it's understanding arbitrage and how to bring
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  Speaker 3: deals together. So hunt for one edge in the market
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  Speaker 3: every single day. Never give up on your macro research,
• 3:13
  Speaker 3: even when in the face of all the noise on Twitter, Instagram, TikTok, YouTube,
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  Speaker 3: et cetera, that it's telling you to deviate. Because anyone
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  Speaker 3: who's been a season investment in more than four years
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  Speaker 3: felt in twenty twenty one and end of top of
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  Speaker 3: twenty twenty two that we were going to come down,
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  Speaker 3: and it may take a while for those things to
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  Speaker 3: come true, but here we are now and those that
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  Speaker 3: play defense are in an amazing position to capitalize for
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  Speaker 3: the next year, and I'll go to number seven. Then Troy,
• 3:43
  Speaker 3: I'll come to you, and they were shot, and I'll
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  Speaker 3: circle around my last three. But it is mandatory that
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  Speaker 3: you know how to trade, swing, trade, and invest, because
• 3:51
  Speaker 3: if you can't generate capital while you're going down, I
• 3:56
  Speaker 3: don't know how you continue to invest in the market.
• 4:00
  Speaker 3: A lot of my biases from the market comes from
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  Speaker 3: me being able to trade the features market and be
• 4:04
  Speaker 3: a being able to generate the alpha on demand. But
• 4:09
  Speaker 3: trading also helps you allow to see when a market
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  Speaker 3: is going to turn over faster. So like if you
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  Speaker 3: only long term investment, never practice trading, your entries won't
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  Speaker 3: be as sharp, like you're cutting with the acts opposed
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  Speaker 3: to a scalpel. And even though you may be taking
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  Speaker 3: losses in your trades, it will help your long term
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  Speaker 3: entries a hell of a lot better. And also being
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  Speaker 3: a long term investor helps you to see the trend
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  Speaker 3: of your trades a lot cleaner. This is why you
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  Speaker 3: need both. And if you can trend trade, day trade
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  Speaker 3: and long term invest you have a formula that will
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  Speaker 3: work for an eternity. So but Betray, I wanted to
• 4:43
  Speaker 3: come to you.
• 4:44
  Speaker 2: Yeah, I think where you left off is probably where
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  Speaker 2: I was gonna start, because you kind of nailed a
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  Speaker 2: lot of the points. But I was going to say
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  Speaker 2: that that point of yeah, long term investing, and that's
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  Speaker 2: what we do, it's what we preach. But I would
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  Speaker 2: say in twenty twenty two is one of those times
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  Speaker 2: where it was like, all right, you're gonna have to
• 5:00
  Speaker 2: us you're playing a little bit adjust the person, all right,
• 5:02
  Speaker 2: and so like you're gonna have you may have to
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  Speaker 2: make some trades. And so it wasn't even though it
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  Speaker 2: wasn't a lot, it was still an adjustment because I
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  Speaker 2: was so long term, long term, and when you're seeing
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  Speaker 2: your portfolio turn red a little bit and you're like, wait,
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  Speaker 2: there's still ways to make money in this in this environment.
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  Speaker 2: And so it was like, all right, I've got to
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  Speaker 2: learn how to you know, not even learn, but I
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  Speaker 2: have to actually execute on now trading and the second
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  Speaker 2: part of it, So that was the first part. The
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  Speaker 2: second part was not falling in love with sectors. Yes,
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  Speaker 2: so everybody knows how much we love technology, and everybody
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  Speaker 2: knows how much we love consumer discretionary, but it was like,
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  Speaker 2: there's money and to be made in these other sectors, right,
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  Speaker 2: Like we always say if there's a recession somewhere, or
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  Speaker 2: if there's a bull market somewhere, or there's a bear
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  Speaker 2: market in another place, and vice versa. And so it
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  Speaker 2: was like, all right, well, let's really lock in in
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  Speaker 2: some of these other sectors. Let's look at the top
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  Speaker 2: two or three and maybe one emerging. Like I know
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  Speaker 2: we say that a lot, let's look at the top
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  Speaker 2: two or three, but I would like that was one
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  Speaker 2: of the things I implement. It was like, let me
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  Speaker 2: find one emerging. Let me see what's one that's emerging
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  Speaker 2: in some of these sectors.
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  Speaker 4: And so it made me.
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  Speaker 2: A better like analyst. Right now I can see the game.
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  Speaker 2: I'm looking at the whole field, whereas I used to
• 6:12
  Speaker 2: just look at a few pieces of the field, Like
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  Speaker 2: all right, technology good, consumer discretionary good, consumer stables pretty good,
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  Speaker 5: An illegal alien from Guatemala charged with raping a child
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  Speaker 5: in Massachusetts. An MS thirteen gang member from Al Salvador
• 8:22
  Speaker 5: accused of murdering a Texas man of Venezuelan charged with
• 8:26
  Speaker 5: filming and selling child pornography in Michigan. These are just
• 8:30
  Speaker 5: some of the heinous migrant criminals caught because of President
• 8:34
  Speaker 5: Donald J. Trump's leadership. I'm Christy nom the United States
• 8:38
  Speaker 5: Secretary of Homeland Security. Under President Trump, attempted illegal border
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  Speaker 5: crossings are at the lowest levels ever recorded, and over
• 8:46
  Speaker 5: one hundred thousand illegal aliens have been arrested. If you
• 8:49
  Speaker 5: are here illegally, your next you will be fined nearly
• 8:53
  Speaker 5: one thousand dollars a day, imprisoned, and deported. You will
• 8:57
  Speaker 5: never return. But if you register using our CBP home
• 9:01
  Speaker 5: app and leave now, you could be allowed to return
• 9:04
  Speaker 5: legally do what's right. Leave now. Under President Trump, America's laws,
• 9:10
  Speaker 5: border and families will.
• 9:11
  Speaker 4: Be protected sponsored by the United States Department of Homeland Security,
• 9:15
  Speaker 4: the utilities what about that, you know what I'm saying,
• 9:18
  Speaker 4: And so having a wider range looking at those top
• 9:21
  Speaker 4: two but trying to find one that you know, this
• 9:23
  Speaker 4: looks like it has some potential.
• 9:25
  Speaker 2: I think that was one of those things too, that
• 9:27
  Speaker 2: over the course of the past twelve months I've had
• 9:29
  Speaker 2: to implement in my game plan.
• 9:31
  Speaker 3: I love it, shout what about you? You have two more?
• 9:34
  Speaker 3: You want to throw it.
• 9:36
  Speaker 1: As far as lessons learned this year, yes, so I
• 9:41
  Speaker 1: think that the lessons learned this year is never react
• 9:45
  Speaker 1: off of FOMO. That's extremely important lesson, and even switching
• 9:49
  Speaker 1: gears to the real estate market. I think that that's
• 9:51
  Speaker 1: something that people learned, you know, in the springtime when
• 9:57
  Speaker 1: people were paying twenty thousand over asking in fifty thousand
• 10:01
  Speaker 1: and in Miami one hundred thousand dollars over asking, and
• 10:05
  Speaker 1: then the market corrected itself, and now it's like, all right,
• 10:10
  Speaker 1: if you paid fifty thousand dollars over asking because you
• 10:13
  Speaker 1: thought that the market is gonna keep going up, that's
• 10:17
  Speaker 1: what that's the definition of fomo right missing out. So
• 10:21
  Speaker 1: it's like, all right, this house is only worth five
• 10:23
  Speaker 1: hundred thousand, but they're not going to sell it to
• 10:28
  Speaker 1: me unless I give them five hundred and fifty thousand.
• 10:31
  Speaker 1: So I would rather pay five hundred and fifty thousand
• 10:34
  Speaker 1: because I think in two months it's gonna be worth
• 10:37
  Speaker 1: six hundred thousand. Well, that's not really the best way
• 10:40
  Speaker 1: to go about it. You buy investments low and you
• 10:47
  Speaker 1: sell high. This is the easiest thing. This is rule
• 10:51
  Speaker 1: number one. It's like in boxing. The number one rule
• 10:54
  Speaker 1: in boxing is protect yourself at all times. The number
• 10:57
  Speaker 1: one rule in investing is buy low, sell high. This
• 11:00
  Speaker 1: is extremely This is probably the most difficult thing to master.
• 11:04
  Speaker 1: Like you could have fundamentals, you can have all of
• 11:06
  Speaker 1: this stuff. If you don't have emotional intelligence, you're not
• 11:12
  Speaker 1: going to be able to be a good investor. You
• 11:15
  Speaker 1: have to be able to wait. You have Patience is
• 11:19
  Speaker 1: probably the biggest virtue that you have in life when
• 11:26
  Speaker 1: everyone like you have to be a special person to
• 11:30
  Speaker 1: just say no, not right now, I'm gonna wait because
• 11:36
  Speaker 1: human nature is that you're gonna feel like an idiot
• 11:39
  Speaker 1: because you're waiting and everybody's making money and you're not
• 11:43
  Speaker 1: gonna be able to live anywhere, and it's like just
• 11:46
  Speaker 1: chill out. Everything comes down. Everything comes down. Crypto comes down,
• 11:52
  Speaker 1: stocks come down, real estate comes down, NFTs come down,
• 11:59
  Speaker 1: Watch value come down. Everything comes down. You have to
• 12:05
  Speaker 1: be patient enough to wait, and then when it comes down,
• 12:10
  Speaker 1: you have to have enough courage to act, because that's
• 12:13
  Speaker 1: the second part of the situation. The second part of
• 12:15
  Speaker 1: the situation is that when it actually does go down,
• 12:18
  Speaker 1: human nature nobody wants to buy at the bottom because
• 12:22
  Speaker 1: something that is fifty percent off and you're thinking it's
• 12:25
  Speaker 1: going to zero. You see, you buy a bitcoin at
• 12:28
  Speaker 1: fifty thousand, but then when it gets to fifteen thousand,
• 12:33
  Speaker 1: you're thinking, this thing is going to two thousand. I'm
• 12:38
  Speaker 1: not going to lose all my money. So you have
• 12:40
  Speaker 1: to have enough courage to buy discounted investments and have
• 12:47
  Speaker 1: enough fortitude to stay in it for the long haul.
• 12:51
  Speaker 1: So this was a good year because when we first
• 12:53
  Speaker 1: started market Mondays during the pandemic, everything was going up.
• 12:57
  Speaker 1: Everybody's making money, everybody's trading options. Anything that you put
• 13:00
  Speaker 1: money and is going up, right, But now it's like, Okay,
• 13:04
  Speaker 1: who's going to survive the tough times. Who's going to
• 13:08
  Speaker 1: have enough education and enough perseverance to patiently wait it out?
• 13:15
  Speaker 1: And on the other side of the coin now in
• 13:18
  Speaker 1: ten years, fifteen years now, this is the long game, right,
• 13:21
  Speaker 1: So this is what we're in right now, and it's
• 13:26
  Speaker 1: extremely important to go through these adversities because it makes
• 13:31
  Speaker 1: you stronger, but it also makes you more intelligent. Very important.
• 13:36
  Speaker 3: Yeah, which brings me to my final three lessons. Number One,
• 13:39
  Speaker 3: the most important thing that you have to look at
• 13:41
  Speaker 3: is the macro economic environment that we're in. I've given
• 13:45
  Speaker 3: the indicator before, but there is an indicator that predicts
• 13:48
  Speaker 3: sessions ahead of time. And when you pair that with
• 13:51
  Speaker 3: quantitative easing, which is when it Federal Reserve prints money.
• 13:54
  Speaker 3: So when the quantitative easing stops, when you tie that
• 13:56
  Speaker 3: in with the indicator that tells you when market is
• 14:00
  Speaker 3: going to slow down the most important lesson, but you've
• 14:04
  Speaker 3: seen me struggle with and thank you for Peter for
• 14:07
  Speaker 3: telling me this. And then two people who run Ahead
• 14:10
  Speaker 3: Fund that I talked to in exchange this past week,
• 14:14
  Speaker 3: they said, to stop being offended when people do not
• 14:16
  Speaker 3: want to hear your advice. Your job is to make
• 14:19
  Speaker 3: sure you your family and your friends get rich from
• 14:23
  Speaker 3: what you know, And man, I tell you that was
• 14:28
  Speaker 3: fucking freeing. It's like I know you want to save everybody.
• 14:32
  Speaker 3: I know you do, but your job is to make
• 14:35
  Speaker 3: you sure that you first your friends and those with you,
• 14:40
  Speaker 3: and Red Panda get rich and whoever else. Listeners leave
• 14:43
  Speaker 3: it at that, and this person is close to a
• 14:46
  Speaker 3: billion dollars from trading. Sometimes our emotions can be so
• 14:52
  Speaker 3: big that we want to help people who are not
• 14:54
  Speaker 3: ready to be helped or who have not put in
• 14:57
  Speaker 3: the work to be besides you, to get that help
• 15:00
  Speaker 3: for all of you that watch Crypto nine to one
• 15:02
  Speaker 3: stock Shorty, like for all of those of you Aaron
• 15:07
  Speaker 3: p Don macdrew whose hearts are big, I have to
• 15:11
  Speaker 3: allow you to also be free and make sure the
• 15:13
  Speaker 3: number one rule is that you take care of yourself.
• 15:19
  Speaker 1: My graduates from my school being force back drop bag Drop,
• 15:25
  Speaker 1: Mike drop back.
• 15:26
  Speaker 5: Drop, an illegal alien from Guatemala charged with raping a
• 15:41
  Speaker 5: child in Massachusetts. An MS thirteen gang member from Al
• 15:44
  Speaker 5: Salvador accused of murdering a Texas man of Venezuelan charged
• 15:49
  Speaker 5: with filming and selling child pornography in Michigan. These are
• 15:53
  Speaker 5: just some of the heinous migrant criminals caught because of
• 15:57
  Speaker 5: President Donald J. Trump's leadership. I'm Christine Home, the United
• 16:00
  Speaker 5: States Secretary of Homeland Security. Under President Trump, attempted illegal
• 16:05
  Speaker 5: border crossings are at the lowest levels ever recorded, and
• 16:09
  Speaker 5: over one hundred thousand illegal aliens have been arrested. If
• 16:12
  Speaker 5: you are here illegally, your next you will be fine
• 16:16
  Speaker 5: nearly one thousand dollars a day, imprisoned and deported, you
• 16:20
  Speaker 5: will never return. But if you register using our CBP
• 16:24
  Speaker 5: home app and leave now, you could be allowed to
• 16:27
  Speaker 5: return legally. Do what's right. Leave now. Under President Trump,
• 16:32
  Speaker 5: America's laws, border and families will be protected.
• 16:35
  Speaker 4: Sponsored by the United States Department of Homeland Security.