Latest / Felix Nikolas Prehn's Podcast / Felix Prehn - "ABSOLUTELY CRAZY": Warren Buffett's Big Bet Amid Bubble Panic + Stock Market News 24 November 2025

Transcript

Felix Prehn - "ABSOLUTELY CRAZY": Warren Buffett's Big Bet Amid Bubble Panic + Stock Market News 24 November 2025 · Felix Nikolas Prehn's Podcast

• 0:00
  SPEAKER_00: Warren Buffer just did something that nobody saw coming, not even Winston here, and he's got a big nose.
• 0:04
  SPEAKER_00: The man who famously said tech companies are outside my circle of competence just dropped$4 billion on Google stock.
• 0:14
  SPEAKER_00: Yes, you heard that right.
• 0:15
  SPEAKER_00: One of the Mac 7 tech giants.
• 0:17
  SPEAKER_00: That certainly wasn't on my bingo card for this year.
• 0:20
  SPEAKER_00: But here's what makes this extraordinarily interesting.
• 0:24
  SPEAKER_00: Everyone's screaming that Google's search monopoly is being destroyed by AI, Chat GPT, AI bubble fears everywhere, the stock markets at an all-time high.
• 0:36
  SPEAKER_00: Yet Buffett is buying a tech stock in this moment.
• 0:40
  SPEAKER_00: This could literally be the most important investment signal of the year.
• 0:45
  SPEAKER_00: When the Oracle of Omaha moves 4 billion into tech stocks during bubble fears, you need to understand why.
• 0:54
  SPEAKER_00: My promise to you is that by the end of this video, you understand exactly why Buffett made this move, what the data really shows about Google, and most importantly, the practical strategies you can use as a retail investor to profit from this insight.
• 1:08
  SPEAKER_00: Even if you can't afford to drop$4 billion on a stock like Buffett.
• 1:12
  SPEAKER_00: My name is Felix Spring, I'm an ex-investor in banker.
• 1:15
  SPEAKER_00: I'm also the founder of the GOAT Academy.
• 1:16
  SPEAKER_00: We've thought over 20,000 students so far how to invest better.
• 1:20
  SPEAKER_00: I'm also the co-founder of TradeVision.io, where we make news in Wall Street quality data available to you.
• 1:26
  SPEAKER_00: And most importantly, I have a very, very smart golden retriever.
• 1:30
  SPEAKER_00: But we literally just did a masterclass on contrarian value investing, and this is kind of it.
• 1:35
  SPEAKER_00: So if you want to learn more, before we dive deeper into this, let me mention one thing for you quickly.
• 1:42
  SPEAKER_00: It is Black Friday, my friends.
• 1:44
  SPEAKER_00: And it means people do silly things and do incredible offers and give value away they would normally wouldn't give away.
• 1:51
  SPEAKER_00: And we're doing exactly that.
• 1:52
  SPEAKER_00: So if you're interested to learn from the people that I learned from, my mentors, Wall Street GOATs, who worked at Goldman's and Deutsche and Bairsterns and Merrill and all the big banks, you want to learn from those people directly, you're interested in that, you're serious as an investor, then what I can offer you is a free strategy call with my team where you'll find out more about what that would look like to learn from those mentors directly that I learned from.
• 2:18
  SPEAKER_00: And um you get the last chance to also lock in our Black Friday.
• 2:22
  SPEAKER_00: But I'm not gonna bore you to death with the details.
• 2:24
  SPEAKER_00: So link down below, phoenixfriends.org slash freedom, because my hope for you is to get more freedom.
• 2:30
  SPEAKER_00: But let's dive a little bit deeper here into the Berkshire Hathaway 13F filing, which I'm sure you've read in great detail.
• 2:37
  SPEAKER_00: And it is now literally Buffett's 10th largest holding, which is pretty significant.
• 2:44
  SPEAKER_00: So he isn't like going into this and saying, yeah, we're gonna nibble a little bit on this.
• 2:47
  SPEAKER_00: That's some serious money, even for Buffett.
• 2:50
  SPEAKER_00: And it matters because Buffett has always avoided high growth tech.
• 2:56
  SPEAKER_00: He missed Amazon, he was late to Apple.
• 2:58
  SPEAKER_00: He's always said he doesn't understand the business model, so therefore he won't invest.
• 3:02
  SPEAKER_00: For him to buy Google now, it means something fundamentally has changed in his thing.
• 3:08
  SPEAKER_00: And the timing seems bizarre, right?
• 3:10
  SPEAKER_00: With market highs, everyone's talking about the AI bubble, Google stock's gone vertical in the last 12 months.
• 3:17
  SPEAKER_00: And AI, ChatGPT is supposedly killing Google's search monopoly, yet the valuation is at dot-com bubble levels.
• 3:25
  SPEAKER_00: So this is when you'd think Buffett would be selling, not buying a tech stock.
• 3:30
  SPEAKER_00: And famously, Buffett and Charlie Munger talked about this a lot.
• 3:34
  SPEAKER_00: They missed Google in 2015 and they were very upset about it.
• 3:38
  SPEAKER_00: Buffett has publicly admitted there was a mistake not to buy Google in 2015.
• 3:42
  SPEAKER_00: So this isn't just a random tech bet, this is Buffett correcting a decade-old mistake.
• 3:48
  SPEAKER_00: Has he learned from the past?
• 3:50
  SPEAKER_00: And he's not gonna let Google slip through his fingers twice.
• 3:54
  SPEAKER_00: So what does he know about Google that we don't know?
• 3:57
  SPEAKER_00: Why is he buying at the top of a bubble?
• 3:59
  SPEAKER_00: Or, well, maybe he's seeing something that everyone else is missing.
• 4:03
  SPEAKER_00: So the first thing to understand is their legitimate concerns around Google.
• 4:08
  SPEAKER_00: Google has maintained a 90% market share in search for like the last decade.
• 4:14
  SPEAKER_00: And Google it, everyone says that.
• 4:16
  SPEAKER_00: It's like it's a total monopoly, worldwide monopoly.
• 4:20
  SPEAKER_00: The no closest competitor is Bing, but a bing with 4%.
• 4:25
  SPEAKER_00: Bill's little play thing.
• 4:27
  SPEAKER_00: Some people say it's very large.
• 4:29
  SPEAKER_00: Now, perso perspective, it's not a competition, it's it's like it's like irrelevant, right?
• 4:34
  SPEAKER_00: So yeah, Bill's little thing is irrelevant.
• 4:38
  SPEAKER_00: But since 2022, when ChatGPT came out, they now have a hundred million users.
• 4:45
  SPEAKER_00: Well, actually, they're reached a hundred million users in just two months.
• 4:48
  SPEAKER_00: Fastest growing consumer application ever.
• 4:51
  SPEAKER_00: And people are turning to AI chatbots like ChatGPT, Claude, Perplexity, and Grok and everything to get answers without having to click on the link because it's tedious to read through all that stuff.
• 5:02
  SPEAKER_00: So it's a threat to Google's business model.
• 5:05
  SPEAKER_00: It's a direct threat to their advertising model.
• 5:08
  SPEAKER_00: Google makes money when people click on ads.
• 5:10
  SPEAKER_00: If people are getting their answers from ChatGPT without clicking on anything, Google can't charge advertisers.
• 5:17
  SPEAKER_00: So the language of search is changing from search to ask and you shall be answered, right?
• 5:23
  SPEAKER_00: Fundamental shift in user behavior that's happening very, very quickly.
• 5:26
  SPEAKER_00: So the bear case is simply Google's emotion being disrupted by AI and we're in a bubble.
• 5:33
  SPEAKER_00: Have a sell, right?
• 5:34
  SPEAKER_00: But there is the contrarian question.
• 5:36
  SPEAKER_00: And this is what Buffett always does that most investors don't.
• 5:40
  SPEAKER_00: He looks at the financial data.
• 5:43
  SPEAKER_00: Well, that one says Google is dying.
• 5:45
  SPEAKER_00: Even my uh my PowerPoint pointer is dying here on that one, um, at least on the formatting.
• 5:51
  SPEAKER_00: But what do the actual numbers say?
• 5:53
  SPEAKER_00: Let's dig into some of the numbers.
• 5:54
  SPEAKER_00: Now, if you are afraid of numbers and data and statistics, this is not the channel for you.
• 5:59
  SPEAKER_00: We actually go fairly deep here.
• 6:01
  SPEAKER_00: But we also want to keep it simple enough so everybody understands it.
• 6:05
  SPEAKER_00: So let's compare Google's financials from the moment that ChatGPT was launched.
• 6:10
  SPEAKER_00: This was the GPT launch, right?
• 6:13
  SPEAKER_00: This is now.
• 6:14
  SPEAKER_00: So in December 2022, ChatGPT launches, and Google makes about$280 billion in revenue.
• 6:22
  SPEAKER_00: Profits are about$75 billion.
• 6:26
  SPEAKER_00: Not bad, right?
• 6:27
  SPEAKER_00: Of course, ChatGPT then destroyed Google's advertising business.
• 6:30
  SPEAKER_00: Well, except it isn't, because Google is now bringing in about$380 billion in revenue and give or take,$125 billion in profits.
• 6:43
  SPEAKER_00: Margin, just this little thing down here, is also improved.
• 6:46
  SPEAKER_00: So if Google's moat was being destroyed, you'd expect to see less revenue, shrinking margins, and cost cutting, right?
• 6:53
  SPEAKER_00: Instead, we're seeing the opposite.
• 6:54
  SPEAKER_00: Search revenue, particularly, is going to the moon, right?
• 6:59
  SPEAKER_00: 43% growth in search revenue.
• 7:02
  SPEAKER_00: This is the AI disruption, apparently.
• 7:05
  SPEAKER_00: So Google's moat is actually strengthening, not weakening.
• 7:10
  SPEAKER_00: You will also notice when you type in anything into Google.
• 7:15
  SPEAKER_00: So let's go to Google.
• 7:17
  SPEAKER_00: Say we type in what makes golden retrievers happy, then you'll see at the top here is the little AI answer, right?
• 7:25
  SPEAKER_00: And a lot of people, I'm sure, are now looking at that because it just gives you the answer without having to click through a bunch of random stuff, although watching these videos seems rather uh appealing.
• 7:35
  SPEAKER_00: Maybe we should just do that.
• 7:37
  SPEAKER_00: So we're gonna look at the stock chart in a second as well, because that's important.
• 7:40
  SPEAKER_00: But this is a business that's getting better, it's getting more profitable.
• 7:44
  SPEAKER_00: 69% increase in profits over the last three years since ChatGPT came out.
• 7:51
  SPEAKER_00: Free cash flow is massively improved.
• 7:54
  SPEAKER_00: 50% up or something like that.
• 7:56
  SPEAKER_00: The balance sheet, well, they have about$100 billion in cash.
• 8:00
  SPEAKER_00: Well, like about$73 billion in net cash if you take the debt out.
• 8:04
  SPEAKER_00: So they could pay off all their debt tomorrow and still have 70 billion plus in cash.
• 8:08
  SPEAKER_00: So they basically have insane resources to compete with uh Sam Altman and anybody else who's throwing things at them.
• 8:16
  SPEAKER_00: This is a fortress.
• 8:18
  SPEAKER_00: You can see why Buffett likes it.
• 8:20
  SPEAKER_00: And then here is the real, and it's an unfair comparison, but it is the comparison right now.
• 8:26
  SPEAKER_00: Yes, Chat GPT has hundreds of millions of users.
• 8:30
  SPEAKER_00: Yes, it's growing very fast, and yes, it's changing our behavior.
• 8:33
  SPEAKER_00: But what no one's talking about is that OpenAI is burning cash at a staggering rate, right?
• 8:38
  SPEAKER_00: They're burning, they're expected to burn about$115 billion through 2029.
• 8:44
  SPEAKER_00: So, yes, they got revenue, but they're spending way more than their revenue.
• 8:49
  SPEAKER_00: And that burn rate jumped$80 billion just, by the way.
• 8:53
  SPEAKER_00: Because it's insanely expensive to run these AI models.
• 8:57
  SPEAKER_00: Now, if you look at that comparison, you look at OpenAI,$12 billion revenue, you look at Google,$385 billion revenue, one's burning$115 billion, the other one is generating$70 billion in free cash flow.
• 9:11
  SPEAKER_00: Well, one company is printing money, the other one is burning it just to stay competitive, right?
• 9:16
  SPEAKER_00: Yes, OpenAI has Microsoft backing and other investors, but it shows a fundamental difference in their current positioning.
• 9:23
  SPEAKER_00: I would expect OpenAI will be profitable at some point.
• 9:25
  SPEAKER_00: They're just doing what startups do best and it's uh burn money right now.
• 9:30
  SPEAKER_00: But Google has integrated their AI model, their Gemini, which is what I just showed you, directly into search, right?
• 9:37
  SPEAKER_00: Which is why you get these smart little things here at the top now, right?
• 9:41
  SPEAKER_00: Dive deeper in AI mode.
• 9:42
  SPEAKER_00: What does that do?
• 9:43
  SPEAKER_00: And then you go into their AI directly.
• 9:46
  SPEAKER_00: Okay, cool.
• 9:46
  SPEAKER_00: And then you get a bit of a mix of links and the answer for so everybody's happy.
• 9:51
  SPEAKER_00: So you get ChatGPT-like answers right at the top of Google.
• 9:56
  SPEAKER_00: Google also has DeepMind, which is one of the world's leading AI research labs.
• 10:00
  SPEAKER_00: They have custom TPU hardware, which is chips designed specifically for AI workloads, so you don't have to pay NVIDIA for that.
• 10:07
  SPEAKER_00: And they have decades of search data to train those models.
• 10:10
  SPEAKER_00: 100 billion in cash to invest in development.
• 10:12
  SPEAKER_00: So they have time, resources, talent, and the financial data shows they are actually winning.
• 10:19
  SPEAKER_00: They are not losing.
• 10:20
  SPEAKER_00: Now, Google here isn't screaming, bargain, bargain, buy me now.
• 10:24
  SPEAKER_00: The stock trades at a 27x PE, not cheap.
• 10:28
  SPEAKER_00: When Buffett bought Apple, it was trading at about 16, right?
• 10:32
  SPEAKER_00: So Apple was about 16x.
• 10:34
  SPEAKER_00: But it's not a super value player.
• 10:37
  SPEAKER_00: But this is a great quote from Warren.
• 10:40
  SPEAKER_00: It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
• 10:46
  SPEAKER_00: And I think that's often where retail investors go wrong, because growth will make this PE cheap in the long run, as long as they keep growing.
• 10:56
  SPEAKER_00: It isn't really about now, it is about the longer term.
• 10:59
  SPEAKER_00: And that's kind of the way Buffett's thinking.
• 11:00
  SPEAKER_00: And that's pretty amazing for a guy in his 90s, right?
• 11:03
  SPEAKER_00: He's still thinking long term.
• 11:04
  SPEAKER_00: How cool is that?
• 11:05
  SPEAKER_00: So if you look at the valuation, the PE ratios of some of the big tech stocks, well, Alphabet, which is Google, is about 25, Microsoft is about 28, NVIDIA is 33.
• 11:19
  SPEAKER_00: So Alphabet is actually Google the value play in big tech right now.
• 11:25
  SPEAKER_00: Now, what a warning.
• 11:27
  SPEAKER_00: One of the reasons Buffett will buy something like Alphabet by Google is because he's constrained to buy mega cap companies.
• 11:34
  SPEAKER_00: Because he does not like to own more than 10% of a company generally.
• 11:38
  SPEAKER_00: And most companies, if you give them$4 billion, you own 10% of that business, right?
• 11:43
  SPEAKER_00: Regulatory issues come with that.
• 11:45
  SPEAKER_00: So he can't just go out and find some cheaper small cap stock with potentially better returns.
• 11:52
  SPEAKER_00: He just can't buy it.
• 11:53
  SPEAKER_00: That's the problem of having very, very large portfolios.
• 11:56
  SPEAKER_00: So in a generally pretty highly valued market, at his scale, Google is basically a high-quality business at a reasonable price, right?
• 12:05
  SPEAKER_00: So this isn't some crazy home run, I don't think.
• 12:07
  SPEAKER_00: It's a solid base hit that he's investing in.
• 12:10
  SPEAKER_00: It's better than sitting in cash or in treasuries because he knows that that train is coming to an end.
• 12:16
  SPEAKER_00: You know, interest rates are coming down.
• 12:18
  SPEAKER_00: But another thing to look at is just the amount of money flowing into AI.
• 12:23
  SPEAKER_00: It's estimated$3 trillion is going to go into AI infrastructure, data centers, chips, cloud computing, the whole ecosystem.
• 12:30
  SPEAKER_00: And when you have that much money flowing into one sector, you kind of can't ignore the sector, right?
• 12:35
  SPEAKER_00: Even if you think valuations are stretched, the momentum is undeniable.
• 12:39
  SPEAKER_00: And as one analyst put it, Buffer just couldn't fight the tape any longer.
• 12:44
  SPEAKER_00: Now, the tape is basically what the stock market's doing.
• 12:47
  SPEAKER_00: And if we look at that very briefly here on the stock chart, not everybody is a chart technician, but you don't need to be to spot these kind of patterns here that we're seeing.
• 12:56
  SPEAKER_00: Let me just get a pen that you could see.
• 12:59
  SPEAKER_00: If you go back to early 2025, this is early 2025, this is January.
• 13:05
  SPEAKER_00: You had a pattern here that I talk about a lot.
• 13:07
  SPEAKER_00: If you ever attended one of my trainings, I call that a heartbeat pattern, right?
• 13:11
  SPEAKER_00: We popped out of a little bit and then we gapped down, we dropped down here through that 50-day moving average line, we dropped through the 150-day moving average line, the purple line there, and that was a real bad moment for Google.
• 13:24
  SPEAKER_00: But then what happened is you will notice that just watch the yellow line there.
• 13:28
  SPEAKER_00: That line bottoms out here, which is always a signal that you want to start paying attention to, and then it starts grinding its way up very nicely.
• 13:36
  SPEAKER_00: It crosses over the 150 here, that means it becomes investable for non-traders.
• 13:41
  SPEAKER_00: And then if you just connect it the highs from here to round about there, you actually get yourself a very sweet entry point.
• 13:48
  SPEAKER_00: So this is here where it screams buy.
• 13:51
  SPEAKER_00: And then you get a gap up because everybody else saw that too.
• 13:54
  SPEAKER_00: You can see the massive volume pouring in, big money pouring into this.
• 13:58
  SPEAKER_00: That may have been buffet, may not have been buffet.
• 14:00
  SPEAKER_00: We don't obviously know the exact timing of that trade.
• 14:02
  SPEAKER_00: And then you get a second chance here, as you typically do.
• 14:05
  SPEAKER_00: That was your second chance to buy.
• 14:07
  SPEAKER_00: And I'm not doing that in hindsight.
• 14:09
  SPEAKER_00: People always say that, oh, you can only do this in hindsight.
• 14:11
  SPEAKER_00: No, it actually works because you can see the pattern, you can see the behavior, you can see where the money is flowing into a stock.
• 14:17
  SPEAKER_00: And once again, you see significant volume down here as it really, really moves its way up.
• 14:23
  SPEAKER_00: So right now, it's a little extended.
• 14:26
  SPEAKER_00: Um, you could wait for a pullback, or you could wait for another consolidation, or you could obviously just do whatever the heck you want.
• 14:32
  SPEAKER_00: Uh, but I can see from a technical point of view, this is happening.
• 14:36
  SPEAKER_00: And that's I saw the same thing on Buffett's previous recent buy, which was uh UNH, which we also bought slightly before the announcement came out.
• 14:47
  SPEAKER_00: And again, that was on the basis here, I got it in 299, and it's pulled back quite a bit, actually.
• 14:51
  SPEAKER_00: It doesn't done very much.
• 14:53
  SPEAKER_00: And again, that was on the basis of technicals.
• 14:56
  SPEAKER_00: So I'm kind of starting to think that as Buffett has less of an active role in Berkshire, maybe the technicians are taking over a little bit there, which would make a lot of sense.
• 15:06
  SPEAKER_00: So kind of it's interesting to see the last two buys I see from Buffett kind of align with the technical trading that we are usually used to more from uh from the traders rather than from the value.
• 15:16
  SPEAKER_00: But Buffett is also an amazing guy because he learns, right?
• 15:20
  SPEAKER_00: He missed Amazon, he missed Google, he was late to Apple, and he was always like, Tech, I don't understand it, but he also understands the world is changing and that AI is the biggest tech shift since the internet.
• 15:31
  SPEAKER_00: And by buying Google, Buffett is basically learning from his past mistake.
• 15:36
  SPEAKER_00: He's getting exposure to AI, but in a profitable, cash-rich company.
• 15:41
  SPEAKER_00: He's riding the trillions of dollars of money that's pouring into AI, but he's buying it at a reasonable valuation.
• 15:49
  SPEAKER_00: He isn't going into something super high risk.
• 15:51
  SPEAKER_00: It's smart, adaptive investing from a 94-year-old who's still learning and evolving.
• 15:57
  SPEAKER_00: So if you want to follow in those footsteps, there are some clear lessons here.
• 16:00
  SPEAKER_00: Don't chase the unprofitable AI hype.
• 16:03
  SPEAKER_00: Focus on companies that are making money, profitable companies, not burning cash, right?
• 16:08
  SPEAKER_00: Google generates 70 billion in free cash flow, real money you can count on.
• 16:12
  SPEAKER_00: And then find value within sectors.
• 16:16
  SPEAKER_00: Don't just go for the latest hype, right?
• 16:19
  SPEAKER_00: One way to establish that is obviously looking at free, free cash flow.
• 16:22
  SPEAKER_00: PE ratios would only ever get you so far, but you can compare them within a sector that makes some sense.
• 16:28
  SPEAKER_00: Why pay 35 four times for NVIDIA?
• 16:31
  SPEAKER_00: We didn't get Google at 25.
• 16:32
  SPEAKER_00: It's a reasonable, reasonable uh conclusion to jump to.
• 16:35
  SPEAKER_00: Not telling you to do that, but I'm just saying I can see why he's doing it.
• 16:38
  SPEAKER_00: And then don't ever let the narrative, the story, the noise, the FOMO affect your data-driven, your rules-driven process.
• 16:48
  SPEAKER_00: That's what it's all about, in my humble opinion.
• 16:50
  SPEAKER_00: That's what we teach.
• 16:51
  SPEAKER_00: We teach rules, we don't teach FOMO.
• 16:54
  SPEAKER_00: Um, and that's what my mentors have always taught me.
• 16:56
  SPEAKER_00: And I think that is why the big Wall Street firms are still there.
• 17:00
  SPEAKER_00: Because they have a rule book.
• 17:01
  SPEAKER_00: Have you got a rule book?
• 17:02
  SPEAKER_00: If you don't, think about getting yourself one.
• 17:05
  SPEAKER_00: Think about getting yourself a mentor.
• 17:06
  SPEAKER_00: That's how these guys learn.
• 17:07
  SPEAKER_00: Buffett, by the way, didn't wake up as a genius, right?
• 17:10
  SPEAKER_00: Do you know who Buffett learned from?
• 17:11
  SPEAKER_00: You know who his mentor was?
• 17:12
  SPEAKER_00: It's the name Benjamin Graham ring a bell.
• 17:15
  SPEAKER_00: He's written a very large, very heavy book that'll put you to sleep, but smart man, obviously.
• 17:19
  SPEAKER_00: He taught Buffett.
• 17:20
  SPEAKER_00: Everybody had a mentor.
• 17:22
  SPEAKER_00: Everybody has a mentor.
• 17:23
  SPEAKER_00: Everybody who's doing something well has learned it from somebody.
• 17:25
  SPEAKER_00: So the question is is that something you want to do?
• 17:27
  SPEAKER_00: In which case, I'm offering you access to my mentors, my Wall Street guys, and you can book a free strategy call with us at feedixfriends.org slash freedom to find out more about how that works and also lock in the crazy Black Friday offer that we're running.
• 17:40
  SPEAKER_00: So, yeah, just a quick summary here on the screen of you know what Google is really all about.
• 17:45
  SPEAKER_00: And then for you, look, this isn't a crazy bet that some people are saying.
• 17:49
  SPEAKER_00: I think it's a very smart bet.
• 17:51
  SPEAKER_00: It's a business that has a monopoly.
• 17:53
  SPEAKER_00: If he likes that, has a massive moat.
• 17:55
  SPEAKER_00: Uh, the moat's actually getting stronger.
• 17:58
  SPEAKER_00: And if you wait long enough, no matter what the valuation is at present, it's very likely you're going to make money out of it.
• 18:05
  SPEAKER_00: But you've got to be able to wait long enough.
• 18:06
  SPEAKER_00: And that's really the challenge for most people.
• 18:08
  SPEAKER_00: So contrarian investing at its finest.
• 18:10
  SPEAKER_00: That's kind of the way I would sum that up.
• 18:12
  SPEAKER_00: If you got some value out of this, well, get yourself some more value by booking a free strategy call with my team, FelixFrencer.org slash freedom.
• 18:19
  SPEAKER_00: And share it with people.
• 18:22
  SPEAKER_00: Share this video with people.
• 18:23
  SPEAKER_00: That would be the number one thing you can do if you enjoy our content here, is just share with more people.
• 18:28
  SPEAKER_00: It's the biggest signal to the algorithm and also to the people you're sending it to that there is some value in this.
• 18:34
  SPEAKER_00: And I wish you all the best.