Latest / Earn Your Leisure / Cliff Notes: MICROSOFT STOCK & APPLE'S PLAN TO TAKEOVER THE NFT MARKET

Transcript

Cliff Notes: MICROSOFT STOCK & APPLE'S PLAN TO TAKEOVER THE NFT MARKET · Earn Your Leisure

• 0:00
  Speaker 1: You just realized your business needed to hire someone yesterday.
• 0:04
  Speaker 1: How can you find amazing candidates fast?
• 0:07
  Speaker 2: Easy?
• 0:08
  Speaker 1: Just use Indeed. Stop struggling to get your job posts
• 0:11
  Speaker 1: seen on other job sites. With Indeed sponsored jobs, your
• 0:15
  Speaker 1: post jumps to the top of the page for your
• 0:17
  Speaker 1: relevant candidates, so you can reach the people you want faster.
• 0:21
  Speaker 1: According to Indeed data, sponsored jobs posted directly on Indeed
• 0:25
  Speaker 1: have forty five percent more applications than non sponsored jobs.
• 0:29
  Speaker 1: Don't wait any longer. Speed up your hiring right now
• 0:32
  Speaker 1: with Indeed, and listeners of this show will get a
• 0:35
  Speaker 1: seventy five dollars sponsored job credit to get your jobs
• 0:38
  Speaker 1: more visibility at indeed dot com slash pod Katz thirteen.
• 0:45
  Speaker 1: Just go to Indeed dot com slash pod katz thirteen
• 0:49
  Speaker 1: right now and support our show by saying you heard
• 0:52
  Speaker 1: about Indeed on this podcast. Terms and conditions apply. Hiring
• 0:56
  Speaker 1: Indeed is all you need.
• 0:58
  Speaker 2: Let's go here.
• 1:01
  Speaker 3: Microsoft was last week it was that it's fifty two
• 1:07
  Speaker 3: week low of two hundred and thirty two dollars. It's
• 1:11
  Speaker 3: fifty two weeks high with three hundred and forty nine dollars.
• 1:15
  Speaker 3: So you know, you always talk about people always talk
• 1:19
  Speaker 3: about you want to invest in their fifty two week low.
• 1:21
  Speaker 3: It's at two hundred and forty dollars now, so was
• 1:25
  Speaker 3: the time to buy Microsoft last week? Do you see
• 1:28
  Speaker 3: Microsoft as a company that's now on the uptick? And
• 1:32
  Speaker 3: why did Microsoft fall so much? When Apple didn't really
• 1:37
  Speaker 3: fall that much? Apple fell, but it didn't it didn't
• 1:40
  Speaker 3: fall to fifty two week low.
• 1:42
  Speaker 2: Yeah.
• 1:42
  Speaker 4: Apple wanted to get down to one forty goes as
• 1:45
  Speaker 4: low one thirty seven, yeah, one thirty seven, and it
• 1:48
  Speaker 4: was peaked at what got a pretty.
• 1:51
  Speaker 2: High it's peaked for the year two Yeah, I mean.
• 1:55
  Speaker 4: So it's a it's a huge pullback. Is it a
• 1:58
  Speaker 4: good time to buy Microsoft? I mean it's the same
• 2:01
  Speaker 4: question I get, like if somebody asked me it's a
• 2:03
  Speaker 4: good time to buy Apple, I'm like, yes, yes, it's
• 2:06
  Speaker 4: always a good time. In fact, I added to my
• 2:08
  Speaker 4: kids custodial accounts with Apple, with Microsoft, and uh with Google.
• 2:14
  Speaker 4: I think Google got under one hundred dollars. So I
• 2:17
  Speaker 4: was like, all right, well this is my time.
• 2:19
  Speaker 5: Yeah.
• 2:20
  Speaker 4: I mean I don't I don't like what Ian just said, like,
• 2:22
  Speaker 4: find the four companies that you love and want to
• 2:24
  Speaker 4: keep on term. We've said this for two and a
• 2:27
  Speaker 4: half years three years now. Microsoft is one of them.
• 2:30
  Speaker 2: Yeah.
• 2:30
  Speaker 4: I mean you can hold up the emojis there right,
• 2:33
  Speaker 4: like those are those?
• 2:34
  Speaker 2: Are the that up? Right? Yeah?
• 2:37
  Speaker 6: I mean if some interesting stats on Microsoft, if you
• 2:39
  Speaker 6: look at all versions of Win those Microsoft has seventy
• 2:43
  Speaker 6: five percent of share and the DESKTIP and the desktop
• 2:46
  Speaker 6: operating system market. That is not going to change the
• 2:48
  Speaker 6: truth of why Apple fell. And Microsoft felt like to
• 2:52
  Speaker 6: put it very clear that economy is damaged. I'm not
• 2:57
  Speaker 6: going to say beyond repair, but this is the most
• 2:59
  Speaker 6: critical state that we've been in a long time, and
• 3:01
  Speaker 6: I would argue even worse than two thousand and eight.
• 3:05
  Speaker 6: So as a market is being pushed down, everyone has
• 3:08
  Speaker 6: so much fear, and that's why the dollar's risen so much.
• 3:11
  Speaker 6: Everyone's like, let me just go to cash. I don't
• 3:13
  Speaker 6: know when this is going to end. I don't have
• 3:15
  Speaker 6: Ian's crystal Ball. He won't sell me a license to it,
• 3:18
  Speaker 6: so I don't know what a market is going to
• 3:19
  Speaker 6: buy him out. Let me just put my money underneath
• 3:22
  Speaker 6: the mattress, and as long as my place doesn't catch
• 3:24
  Speaker 6: on fire, I'll be safe. And I totally understand that,
• 3:29
  Speaker 6: but I think they have a competitive advantage as well
• 3:33
  Speaker 6: as Apple, and I said, we can talk about it
• 3:35
  Speaker 6: if we want you later. But also with Apple pushing
• 3:37
  Speaker 6: into the NFC space, which could be very damaging for
• 3:43
  Speaker 6: lovers of crypto and NFTs, those are the two safeest stocks.
• 3:48
  Speaker 6: But but they're falling because of global fear. Like if
• 3:51
  Speaker 6: you look right now, there are not too many bright spots.
• 3:53
  Speaker 6: Oilists come down, Commodity prices have come down, inflation is up,
• 4:00
  Speaker 6: Utility has not hit the peak what it should yet
• 4:02
  Speaker 6: for a reversal. So I'm looking for like forty on
• 4:05
  Speaker 6: the victor, maybe forty five before we start to buy
• 4:08
  Speaker 6: them out. We're just in the middle of an economic storm.
• 4:12
  Speaker 6: And even though we have all the data around it,
• 4:16
  Speaker 6: and no matter how many times I can tell you, hey,
• 4:18
  Speaker 6: listen to money Master the game. Re money Master the game.
• 4:20
  Speaker 6: When you're in the thick of the fire, it is
• 4:22
  Speaker 6: not fun. The only salvation that you have right now
• 4:25
  Speaker 6: as an investor is to be able to trade short term,
• 4:28
  Speaker 6: to be able to provide games, and if your business owner,
• 4:30
  Speaker 6: to put your foot on the gas in terms of
• 4:31
  Speaker 6: marketing and growing your business. But in the overall market,
• 4:35
  Speaker 6: it's really scary now, Like I said before, it's only
• 4:39
  Speaker 6: maybe thirty companies, maybe twenty in the S and P.
• 4:42
  Speaker 5: Five hundred that our worth is wait and goal, you
• 4:45
  Speaker 5: say no, go ahead.
• 4:48
  Speaker 4: Now I was gonna say, you said forty two on
• 4:49
  Speaker 4: the Vics.
• 4:50
  Speaker 6: Yeah, okay, okay, Yeah, gotcha, forty two, forty five of
• 4:55
  Speaker 6: where we start to turning around and truth, and I've
• 4:57
  Speaker 6: been saying it for maybe a year and a half,
• 4:59
  Speaker 6: we have to have publicly traded companies that innovate a
• 5:02
  Speaker 6: lot better and a lot faster and actually create more
• 5:06
  Speaker 6: value in the marketplace. One of the things I talked
• 5:08
  Speaker 6: about with the good folks over matter needing with will.
• 5:11
  Speaker 6: So as a result, this is going to be a
• 5:15
  Speaker 6: changing of the guard where we actually have to produce
• 5:19
  Speaker 6: better returns, better products, better services that are better internationally
• 5:22
  Speaker 6: as well, and not just get endless rounds of funding.
• 5:25
  Speaker 6: And the companies that will do that over the next
• 5:27
  Speaker 6: five years will dominate the next fifty years. But right now,
• 5:31
  Speaker 6: this is the part of the roller coaster that's not
• 5:33
  Speaker 6: fun to be gone.
• 5:35
  Speaker 2: Forty two.
• 5:36
  Speaker 4: That means there's some pain on the way.
• 5:38
  Speaker 3: Yeah, let's talk about this. The last question before we
• 5:41
  Speaker 3: bring our guests on, is okay why should crypto enthusiasts
• 5:47
  Speaker 3: and NFT lovers be worried about apples potential playing and
• 5:50
  Speaker 3: take over the market? And what is what is Apple
• 5:53
  Speaker 3: planning on doing?
• 5:55
  Speaker 6: So? I know everyone always like yo, your Apple enthusiasts,
• 5:58
  Speaker 6: you always caping for apps. Let me give you an
• 6:01
  Speaker 6: alternative perspective on the not so good side. So Apple
• 6:06
  Speaker 6: is going to allow developers to sell NFTs in the
• 6:10
  Speaker 6: gaming platform and an app. So hypothetically, what if they
• 6:17
  Speaker 6: put an Ethereum wallet in every mobile game?
• 6:22
  Speaker 5: There's a billion users on the platform.
• 6:27
  Speaker 4: Earners, what's up? You ever walk into a small business
• 6:29
  Speaker 4: and everything just works like the checkout is fast, their
• 6:32
  Speaker 4: seats are digital, tipping is a breeze, and you're out
• 6:36
  Speaker 4: the door before the line even builds. Odds are they're
• 6:39
  Speaker 4: using Square? We love supporting businesses that run on Square
• 6:43
  Speaker 4: because it just feels seamless. Whether it's a local coffee shop,
• 6:46
  Speaker 4: a vendor at a pop up market, or even one
• 6:49
  Speaker 4: of our merch partners. Square makes it easy for them
• 6:52
  Speaker 4: to take payments, manage inventory, and run their business with confidence,
• 6:56
  Speaker 4: all from one simple system. If you're a business owner
• 7:00
  Speaker 4: or even just thinking about launching something soon, Square is
• 7:03
  Speaker 4: hands down one of the best tools out there to
• 7:05
  Speaker 4: help you start, run and grow. It's not just about payments,
• 7:10
  Speaker 4: it's about giving you time back so you can focus
• 7:12
  Speaker 4: on what matters most ready. To see how Square can
• 7:15
  Speaker 4: transform your business, visit Square dot com backslash go backslash
• 7:20
  Speaker 4: eyl to learn more that Square dot Com backslash, go
• 7:25
  Speaker 4: backslash eyl. Don't wait, don't hesitate, Let Square handle the
• 7:29
  Speaker 4: back end so you can keep pushing your vision forward.
• 7:35
  Speaker 4: This episode is brought to you by P and C Bank.
• 7:38
  Speaker 4: A lot of people think podcasts about work are boring,
• 7:41
  Speaker 4: and sure, they definitely can be, but understanding a professionals
• 7:45
  Speaker 4: routine shows us how they achieve their success little by little,
• 7:48
  Speaker 4: day after day. It's like banking with P and C Bank.
• 7:52
  Speaker 4: It might seem boring to save, plan and make calculated
• 7:55
  Speaker 4: decisions with your bank, but keeping your money boring is
• 7:58
  Speaker 4: what helps you live or more more happily fulfilled life.
• 8:02
  Speaker 4: P and C Bank Brilliantly Boring since eighteen sixty five.
• 8:06
  Speaker 4: Brilliantly Boring since eighteen sixty five is a service mark
• 8:09
  Speaker 4: of the P and C Financial Service Group, Inc. P
• 8:12
  Speaker 4: and C Bank National Association Member FDIC.
• 8:18
  Speaker 5: What will happen.
• 8:18
  Speaker 6: As a result, you had now have another major institution
• 8:25
  Speaker 6: that is eating up the lion's share of that crypto
• 8:30
  Speaker 6: space in tandem with JP Morgan owning a lion's share
• 8:34
  Speaker 6: of it. And this isn't the time where I'm going
• 8:36
  Speaker 6: to say hey, I told you so. But anytime we
• 8:40
  Speaker 6: say hey, this is the greatest thing on earth and
• 8:43
  Speaker 6: this is for the people, the institutions are going to
• 8:45
  Speaker 6: find a way to say, hey, let me get a
• 8:47
  Speaker 6: piece of that thing.
• 8:50
  Speaker 4: So now I was an add to what you're saying
• 8:53
  Speaker 4: with one hundred percent, right, I think most people will
• 8:55
  Speaker 4: look at it and most of the headlines will say, well,
• 8:57
  Speaker 4: people are going to have to pay that thirty percent
• 9:00
  Speaker 4: cut that Apple's going to pay for anybody that sells
• 9:03
  Speaker 4: inside the app. And short term it sounds like, oh,
• 9:05
  Speaker 4: that's a problem, most people want to do it. But
• 9:07
  Speaker 4: when you that piece that you said, one billion users
• 9:11
  Speaker 4: users to the space, that thirty percent almost becomes like,
• 9:14
  Speaker 4: all right, that's just the cost to do business, right,
• 9:17
  Speaker 4: because you're bringing one billion people in crypto. You know,
• 9:20
  Speaker 4: obviously it's still very new, like twelve years in, but
• 9:23
  Speaker 4: there's still people who don't know all the effects or
• 9:26
  Speaker 4: how to use it or what is even meant for
• 9:28
  Speaker 4: if you get people on the iPhone. You got one
• 9:30
  Speaker 4: billion users now in that space that can purchase that.
• 9:33
  Speaker 4: The other part actively do it. But the interesting part
• 9:36
  Speaker 4: is that they're going to sell the NFTs for US dollars.
• 9:40
  Speaker 4: You don't even have to use a crypto to buy them, right.
• 9:43
  Speaker 4: You can convert that after right, you can do it,
• 9:45
  Speaker 4: convert it to bitcoin or Ethereum, Masona or anyone that
• 9:48
  Speaker 4: you want to. But you can buy the US dollars,
• 9:50
  Speaker 4: which makes the use case even more attractive. Right now,
• 9:53
  Speaker 4: I don't have to figure out, wait, I got to
• 9:55
  Speaker 4: buy this and get this and put this in my
• 9:57
  Speaker 4: wallet to purchase it. No, I could just use my
• 9:59
  Speaker 4: US dollars to purchase it. The use case and the
• 10:03
  Speaker 4: user case there. It makes it a lot more easier,
• 10:05
  Speaker 4: which makes more people even intrigued to get in.
• 10:08
  Speaker 2: So I mean it would be beneficial for Apples, for NFTs.
• 10:15
  Speaker 4: Yeah, for NFTs too, but some of those companies that
• 10:16
  Speaker 4: are relying on those spees.
• 10:18
  Speaker 6: I mean, but but if it's supposed to be decentralized,
• 10:21
  Speaker 6: like even after they get to merge. Now it's six
• 10:24
  Speaker 6: exchanges that have what sixty five percent of the distribution. Now,
• 10:29
  Speaker 6: Apple also has a great relationship with the government, and
• 10:33
  Speaker 6: wait till the regulations come. Now, during times of disaster,
• 10:40
  Speaker 6: prayers are gonna the surf love you and praying for you.
• 10:43
  Speaker 6: During times of disaster and economic calamity, more charges come.
• 10:48
  Speaker 6: So now in two or three years, they're going to
• 10:50
  Speaker 6: push heavier crypto regulation and you're going to start to
• 10:54
  Speaker 6: see a lot of talk about government. I mean from
• 10:56
  Speaker 6: our government. Is crypto an issue of national security? And
• 11:00
  Speaker 6: if they waved the flag for Apple and say hey,
• 11:02
  Speaker 6: you're going to be our measure of safety and everything
• 11:05
  Speaker 6: is done through you. Now you have JP Morgan, Apple
• 11:07
  Speaker 6: in the United States government eating up majority of the
• 11:10
  Speaker 6: crypto And guess what if the games are not coming
• 11:12
  Speaker 6: from iPhone fourteen when Steve jobs dart To say it's
• 11:15
  Speaker 6: no better than thirteen, you don't think they won't run
• 11:18
  Speaker 6: to their crypto market and get it there.
• 11:21
  Speaker 5: Tough man. I know everyone said last year I didn't know,
• 11:24
  Speaker 5: and then here we are.
• 11:27
  Speaker 6: JP Morgan might go ahead Apple US government military game
• 11:32
  Speaker 6: set match.
• 11:33
  Speaker 2: So but but it is beneficial though for.
• 11:35
  Speaker 6: Apple there's no different than Universal owing all the masters
• 11:40
  Speaker 6: to and back when Leo was a deaf jam and
• 11:43
  Speaker 6: it was yeah, it was beneficial for murder Aim to
• 11:45
  Speaker 6: have a label deal and Leor ended up with everything
• 11:47
  Speaker 6: went to three hundred and YouTube.
• 11:49
  Speaker 2: Well, I think it's like.
• 11:51
  Speaker 3: It's kind of like when Crypto, when Fidelity's starting to
• 11:55
  Speaker 3: let Crypto and fall one k's and different it's official
• 12:00
  Speaker 3: to Crypto because more it's more exposure. Is it legitimizes
• 12:05
  Speaker 3: the space even more and it means that it's even
• 12:09
  Speaker 3: more of a case why it's here to stay, but.
• 12:11
  Speaker 6: It's more Okay, So imagine if let's make up a
• 12:16
  Speaker 6: network ABC network, well it's the actual ABC. XYZ network
• 12:21
  Speaker 6: came to us and said, hey, we want sixty five
• 12:23
  Speaker 6: percent of everything that you do content wise, but we'll
• 12:27
  Speaker 6: give you legitimacy. We will we take that deal. I
• 12:28
  Speaker 6: would say, no, it's the same thing. So now if
• 12:32
  Speaker 6: we have seven major players, and it may of course
• 12:35
  Speaker 6: give legitimacy to it, and it may make the overall
• 12:38
  Speaker 6: market cap larger, but there is not decentralized and not
• 12:42
  Speaker 6: for the people, and it's not a too little liberation.
• 12:45
  Speaker 3: I think the idea of decentralized is a part in
• 12:48
  Speaker 3: this guy the wealthy control every last year.
• 12:51
  Speaker 5: No one was saying that though, does that mean I
• 12:53
  Speaker 5: was getting killed?
• 12:53
  Speaker 1: Who?
• 12:55
  Speaker 3: The wealthy always control everything last year. They controlled the
• 12:58
  Speaker 3: NFT market last year. So you know, it's never going
• 13:01
  Speaker 3: to be a situation where it's the great equalizer and
• 13:05
  Speaker 3: it's the poor man's weight of wealth. Like, once people
• 13:09
  Speaker 3: see that this is a viable option, you know, the
• 13:12
  Speaker 3: rich are going to control it. Powerful institutions, banks, hedge funds,
• 13:16
  Speaker 3: they're going to control it. They controlled it last year,
• 13:20
  Speaker 3: They controlling it this year.
• 13:23
  Speaker 7: Yes, my graduates from my school being forced back drop
• 13:30
  Speaker 7: bag drop mic drop backdrop drop.
• 13:44
  Speaker 2: Behind the delivery trucks that keep your life stocked.
• 13:47
  Speaker 1: Thousands of employees at BP go to work every day.
• 13:50
  Speaker 6: People bringing a new offshore production platform online, people making
• 13:54
  Speaker 6: our refineries capable of more, like making renewable diesel from
• 13:57
  Speaker 6: agricultural waste.
• 13:59
  Speaker 4: People trading in shipping fuels to our customers, and people
• 14:02
  Speaker 4: helping truckers fill up and get maintenance at our convenient locations.
• 14:06
  Speaker 4: They're part of almost three hundred thousand jobs VP supports
• 14:09
  Speaker 4: across the country.
• 14:11
  Speaker 2: Learn more at VP dot com. Slash Investing in America