Latest / Earn Your Leisure / Stock Market Forecast the Rest of 2023 & will Tesla's Stock Soar or Sink
Transcript
- 0:00Speaker 1: An illegal alien from Guatemala charged with raping a child
- 0:03Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
- 0:07Speaker 1: accused of murdering a Texas man of Venezuelan charged with
- 0:11Speaker 1: filming and selling child pornography in Michigan. These are just
- 0:15Speaker 1: some of the heinous migrant criminals caught because of President
- 0:19Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States
- 0:23Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
- 0:28Speaker 1: crossings are at the lowest levels ever recorded, and over
- 0:31Speaker 1: one hundred thousand illegal aliens have been arrested. If you
- 0:35Speaker 1: are here illegally, your next you will be fined nearly
- 0:39Speaker 1: one thousand dollars a day, imprisoned, and deported. You will
- 0:43Speaker 1: never return. But if you register using our CBP home
- 0:46Speaker 1: app and leave now, you could be allowed to return legally.
- 0:50Speaker 1: Do what's right, leave now. Under President Trump, America's laws,
- 0:55Speaker 1: border and families will be protected.
- 0:57Speaker 2: Sponsored by the United States Department of Homeland Security.
- 1:00Speaker 3: What do you think about the state right We're already
- 1:03Speaker 3: into the second half of the year and it'll be
- 1:06Speaker 3: here in no time.
- 1:07Speaker 4: What I thought about the second half of it?
- 1:10Speaker 5: My favorite takeaway from every book that I've read, whether
- 1:13Speaker 5: it's William O'Neal, Tony Robbinson, Money Master, The Game, Howard
- 1:17Speaker 5: Marks warn Buffett as in the end, everything is always
- 1:20Speaker 5: going to be okay. I told the story before, but
- 1:22Speaker 5: when Trump got elected, I called was up trade all
- 1:25Speaker 5: night killed it and I'm like, the Trump's president.
- 1:27Speaker 4: Now. I called my dad. I was like, what do
- 1:29Speaker 4: you think.
- 1:29Speaker 5: He was like, run your race, continue to invest long term,
- 1:32Speaker 5: continue to trade, don't change anything no matter what happens
- 1:36Speaker 5: in the market short term. If you are investing for
- 1:39Speaker 5: the long term, it's like a ninety nine point nine
- 1:41Speaker 5: nine nine percent chance that you'll win.
- 1:43Speaker 4: And this is the truth.
- 1:44Speaker 5: Invest in every asset class real estate, crypto stocks, B
- 1:48Speaker 5: to B, business to government, healthcare, commercial, real estate. If
- 1:53Speaker 5: you hold anything for a ten year period, you will
- 1:55Speaker 5: have success. The second half of the year will be great.
- 1:58Speaker 5: The companies that are doing well will continue to do well.
- 2:00Speaker 5: The ones that are doing bad will continue to do bad.
- 2:05Speaker 5: I know there was a rebalancing in the Nazek one hundred,
- 2:07Speaker 5: but the companies, it's like the eighty twenty rule, the
- 2:10Speaker 5: ninety five to five rule, Like five percent of the
- 2:13Speaker 5: companies are going to produce ninety five percent of the games,
- 2:16Speaker 5: and twenty percent of the people that work with you
- 2:18Speaker 5: are going to produce eighty percent of the effort. Like
- 2:22Speaker 5: some of these axioms are so tried and true, but
- 2:24Speaker 5: I think when you're on Instagram and all these media
- 2:28Speaker 5: properties that are failing in real time, they're trying to
- 2:31Speaker 5: get you to feel like everything is the end of
- 2:33Speaker 5: the world. Like take Robert Kyosaki. Robert Kyosaki has probably
- 2:36Speaker 5: one of the most profitable and known books on investing
- 2:41Speaker 5: ever Rich Dad for that. If you go look at
- 2:44Speaker 5: this tweet, you would think that the end of the
- 2:47Speaker 5: world is coming as much as he claims.
- 2:49Speaker 4: That the world is going to end.
- 2:52Speaker 5: When if you look through any period of a teen
- 2:54Speaker 5: year period I talked about this last year and invest
- 2:56Speaker 5: best any decade. If you held for a decade and
- 2:58Speaker 5: bought the top two, you were fine.
- 3:01Speaker 4: Robert Kissaki, he's weird. Great book, but he's he's a bozo. Jesus,
- 3:09Speaker 4: that's what happened when you choose to listen over the truth.
- 3:11Speaker 4: But it's true. What part of the bozone comy.
- 3:14Speaker 6: Is what it is?
- 3:19Speaker 3: Great great book, shout out there now, it's a great book.
- 3:22Speaker 5: It's like, Okay, the sock market is gonna crash, but
- 3:24Speaker 5: buy silver coins from where I'm from.
- 3:26Speaker 4: If you're walking down the silver coins, that was the end.
- 3:30Speaker 3: That was definitely in two thousand and five and six,
- 3:33Speaker 3: because we mean we use there.
- 3:34Speaker 2: Did you know that that conference where you're talking.
- 3:36Speaker 3: About Yo, you gotta buy Nickels, you gotta buy Nicholas
- 3:38Speaker 3: the next thing, the commy's gonna crash.
- 3:41Speaker 5: Them boys from Gary pulled that nickel out on you
- 3:43Speaker 5: and make you give up all them coins. Okay, you
- 3:48Speaker 5: carry a bag of Nickels in a Nike bag if
- 3:50Speaker 5: you want to.
- 3:50Speaker 4: When they pull.
- 3:51Speaker 5: Out that underarmored bag with them sticks on them, boy
- 3:55Speaker 5: liked get that.
- 3:59Speaker 4: Boy Boy got an ar nineteen Jesus Christ equipment. But
- 4:04Speaker 4: everyone wants another sensational hit.
- 4:06Speaker 5: I hate to tell you guys this, most people in
- 4:10Speaker 5: media are not as successful and making as much money
- 4:13Speaker 5: as you think. Quick question quiz time for everyone in chat.
- 4:18Speaker 5: Who are the top five people that run Black Rock
- 4:21Speaker 5: and Vanguard.
- 4:25Speaker 4: Jeopardy Music.
- 4:27Speaker 5: Most people don't even know who Larry Think is. Larry
- 4:29Speaker 5: Think is probably one of the most powerful men in
- 4:32Speaker 5: the history of American finance, but they want to talk
- 4:36Speaker 5: about Kodak Black and if he is a sellout for
- 4:38Speaker 5: getting two million dollars from him. Kudos to wack Is
- 4:41Speaker 5: setting it up. I'm not in street politics, I get it,
- 4:45Speaker 5: but our top five conversation should not be over street
- 4:48Speaker 5: politics and top five lists and not know.
- 4:52Speaker 4: Who these people are who are running our lives most
- 4:57Speaker 4: people want to.
- 4:58Speaker 3: This episode is brought to you by P and C Bank.
- 5:01Speaker 3: A lot of people think podcasts about work are boring,
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- 6:49Speaker 1: An illegal alien from Guatemala charged with raping a child
- 6:52Speaker 1: in Massachusetts. An MS thirteen gang member from El Salvador
- 6:56Speaker 1: accused of murdering a Texas man a Venezuela and charged
- 7:00Speaker 1: with filming and selling child pornography in Michigan. These are
- 7:04Speaker 1: just some of the heinous migrant criminals caught because of
- 7:08Speaker 1: President Donald J. Trump's leadership. I'm Christy Noman, the United
- 7:12Speaker 1: States Secretary of Homeland Security. Under President Trump, attempted illegal
- 7:16Speaker 1: border crossings are at the lowest levels ever recorded, and
- 7:20Speaker 1: over one hundred thousand illegal aliens have been arrested. If
- 7:24Speaker 1: you are here illegally, your next you will be fine
- 7:27Speaker 1: nearly one thousand dollars a day, imprisoned and deported, you
- 7:31Speaker 1: will never return. But if you register using our CBP
- 7:35Speaker 1: home app and leave now, you could be allowed to
- 7:38Speaker 1: return legally. Do what's right. Leave now. Under President Trump,
- 7:43Speaker 1: America's laws, border and families will be protected.
- 7:47Speaker 2: Sponsored by the United States Department of Homeland Security.
- 7:49Speaker 5: The YouTube star and don't even know who the fucking
- 7:51Speaker 5: CEO of YouTube and Google is.
- 7:53Speaker 4: How fact? But what do I know? What do you know?
- 8:02Speaker 4: What do you know?
- 8:04Speaker 6: The bozoeconomy. I'm getting shirts, I'm getting shirts made, boso economy. Man.
- 8:12Speaker 6: Let's talk about Tesla, shall we. This company generated nearly
- 8:17Speaker 6: twenty five billion in sales last quarter. What do you
- 8:20Speaker 6: think of the performance of the stock and since they
- 8:24Speaker 6: have been downgraded, do you still believe in the company.
- 8:30Speaker 4: Yeah, I believe in the company.
- 8:32Speaker 5: We talked about it before, but then lowering their prices
- 8:34Speaker 5: definitely impacted their margins. And while you Laura and margins
- 8:38Speaker 5: and trying to pull off hyper loops, SpaceX, changing the
- 8:42Speaker 5: Twitter logo, battling with Elon, he has to make some
- 8:46Speaker 5: corrective decisions. I think Tessa's still a power player, will
- 8:50Speaker 5: always like they have gotten that premium in the position
- 8:54Speaker 5: and an EV space to make people want to invest
- 8:56Speaker 5: in EV and drive the car. I think he needs
- 8:59Speaker 5: to fix the margin issues, but Tulsa's going to be fine.
- 9:02Speaker 5: Like it may be a short term down grade, but
- 9:04Speaker 5: if they find a way to get those margins back up,
- 9:07Speaker 5: we'll get the pricing back up.
- 9:08Speaker 4: Great.
- 9:09Speaker 5: They've been delivering on the car sales dramatically. That's great.
- 9:15Speaker 5: If he puts his truck out and it's finally produced,
- 9:18Speaker 5: that can give an edge. I'm hearing some rumors of
- 9:21Speaker 5: like a cyber dirt bike being available for kids. That
- 9:24Speaker 5: could be interesting. I think they need like their version
- 9:27Speaker 5: of the iPod. They need like a mass hit with
- 9:30Speaker 5: good margins to help secure them. But I think I've
- 9:32Speaker 5: said it before. If he gets focusing and quit focusing
- 9:35Speaker 5: on this x app and turning Twitter until we chat
- 9:39Speaker 5: of the United States and just integrated that all in
- 9:42Speaker 5: the Tesla, the stock will probably be a five hundred
- 9:45Speaker 5: and six hundred. I think he's just spread a little
- 9:47Speaker 5: bit too thin. But Tessa is an amazing company.
- 9:50Speaker 3: When we watched the earnings, I believe it was last Wednesday,
- 9:53Speaker 3: that was one of those questions, and maybe you can
- 9:55Speaker 3: give some insight to it. Do we think, I mean,
- 9:58Speaker 3: we saw the run up into with Tesla are.
- 10:01Speaker 4: Just going crazy.
- 10:02Speaker 3: The reporter the earnest came in the stop went down
- 10:05Speaker 3: the next day. You think it was because of the
- 10:07Speaker 3: margins or did people taking profit have a bigger contribution
- 10:11Speaker 3: to watching the stock go down a little bit.
- 10:14Speaker 5: I think it's a combination of both. So like when
- 10:16Speaker 5: the margins are thin, there's no upside. Like even if
- 10:20Speaker 5: the run up on a video has been a little
- 10:22Speaker 5: bit too much in the pee ratio, it's a little
- 10:24Speaker 5: bit too wide, the margins are good. So with Tesla,
- 10:27Speaker 5: there's no reason for it to push to three hundred.
- 10:30Speaker 5: And I know everyone wants to a lot of times
- 10:32Speaker 5: make an issue over pricing, but if you are only
- 10:34Speaker 5: netting nine percent or twelve percent, and oftentimes like when
- 10:39Speaker 5: you have and we've seen this in the luxury market
- 10:41Speaker 5: with LVMH and everything that they have required a lot
- 10:44Speaker 5: of times, if you put something on sale for a
- 10:46Speaker 5: low price, most people aren't coming back to buy that
- 10:49Speaker 5: thing or good after they have more money. That's why
- 10:54Speaker 5: I think it's a mistake for most people to price
- 10:57Speaker 5: to run their business based off price. And I get
- 10:59Speaker 5: flag for it all the time, like are you charged
- 11:01Speaker 5: too much of it? I have somebody up seven hundred
- 11:03Speaker 5: ninety percent since twenty eighteen. I know some hedsphones that
- 11:07Speaker 5: have not been up seven hundred percent a decade. So
- 11:11Speaker 5: they have to fix the margin issue and then it'll
- 11:15Speaker 5: give it more room to run. But I think investors
- 11:18Speaker 5: on the institutional side want to see a more professional
- 11:23Speaker 5: CEO or if you're going to be erradic.
- 11:25Speaker 4: Your numbers have to be blockbuster. So he has to
- 11:29Speaker 4: pick a side.
- 11:29Speaker 5: He got to get out all the videos dancing because
- 11:33Speaker 5: Mark Zuckerberger beat your ass, well boy in shape.
- 11:35Speaker 4: When I saw to ring with is you so what?
- 11:38Speaker 2: Noh?
- 11:38Speaker 4: I finished what you're about to say?
- 11:40Speaker 6: Yeah?
- 11:40Speaker 5: Like when I saw saw I'm working out with Izzy.
- 11:42Speaker 5: I'm like, he'll give you the beats right now.
- 11:45Speaker 4: Beats by Drake.
- 11:46Speaker 1: An illegal alien from Guatemala charged with raping a child
- 11:50Speaker 1: in Massachusetts. An MS thirteen gang member from El Salvador
- 11:54Speaker 1: accused of murdering a Texas man of Venezuelan charged with
- 11:58Speaker 1: filming and selling child panography in Michigan. These are just
- 12:02Speaker 1: some of the heinous migrant criminals caught because of President
- 12:06Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States
- 12:09Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
- 12:14Speaker 1: crossings are at the lowest levels ever recorded, and over
- 12:18Speaker 1: one hundred thousand illegal aliens have been arrested. If you
- 12:21Speaker 1: are here illegally, your next you will be fine nearly
- 12:25Speaker 1: one thousand dollars a day, imprisoned and deported, you will
- 12:29Speaker 1: never return. But if you register using our CBP home
- 12:33Speaker 1: app and leave now, you could be allowed to return legally.
- 12:37Speaker 1: Do what's right, leave now. Under President Trump, America's laws,
- 12:41Speaker 1: border and families will be protected.
- 12:44Speaker 2: Sponsored by the United States Department of Homeland Security,