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WARNING Stop Buying Magnificent 7 Stocks Until You Watch This (Rookies vs Veterans) · Earn Your Leisure

• 0:00
  Speaker 1: Is this the best time to buy elite tech stocks
• 0:04
  Speaker 1: on sale?
• 0:05
  Speaker 2: Yes, every month is more important than a month, and
• 0:09
  Speaker 2: I'll talk about it invest Fest and Sock Club best
• 0:12
  Speaker 2: months to buy, I'll give you that.
• 0:16
  Speaker 3: In this environment in which we're in, because like in post.
• 0:21
  Speaker 2: Dot com crash, post Obama, we had the quantitative easing
• 0:25
  Speaker 2: effect where the interest rates were so low that it
• 0:28
  Speaker 2: drove the market up. We're in a different kind of
• 0:31
  Speaker 2: quantitative easing while the returns are so high you can't
• 0:35
  Speaker 2: afford because of inflation, to have your money on the side.
• 0:37
  Speaker 2: And that's the other part that no one's really talking about,
• 0:40
  Speaker 2: is like the capital has to be deployed because the
• 0:43
  Speaker 2: cost of missing out is too high.
• 0:48
  Speaker 1: Because I actually got from black Fox. So let me
• 0:49
  Speaker 1: ask you, because you're you're an expert. And when it
• 0:52
  Speaker 1: comes to technology stocks, at one point, IBM was the
• 0:57
  Speaker 1: king of technology. IBM is there not that company?
• 1:01
  Speaker 3: Elite?
• 1:02
  Speaker 1: De stock is not elite. So we're looking at Microsoft
• 1:05
  Speaker 1: being stacked them for a long time and all of
• 1:08
  Speaker 1: these types.
• 1:11
  Speaker 4: Microsoft two years, that's not long time, a long time relative. Well,
• 1:16
  Speaker 4: last year was at four. Relatively speaking, I'm saying last
• 1:19
  Speaker 4: year was at four. Okay, two year chartist negative. Two
• 1:22
  Speaker 4: years ago Microsoft was at four hundred and forty eight dollars.
• 1:25
  Speaker 4: Right now it's that four hundred dollars. So two years
• 1:27
  Speaker 4: is less than what it was two years ago today today.
• 1:30
  Speaker 4: Two years ago today it was forty eight dollars a
• 1:33
  Speaker 4: good point. Two years ago today was higher than what
• 1:36
  Speaker 4: it was and what it is now. While in that
• 1:39
  Speaker 4: same time we've seen all of these new newer technology
• 1:44
  Speaker 4: companies go hybolically crazy. So, okay, at some point in time,
• 1:53
  Speaker 4: even the greatest player of all time starts to decline.
• 1:57
  Speaker 1: So are we looking at a new wave? We're saying
• 2:00
  Speaker 1: by tech stocks, the it's always a ton of buy textbocks. Okay,
• 2:04
  Speaker 1: are the new class of tech stocks taking their place
• 2:09
  Speaker 1: of the old class of tech stocks for out? Because
• 2:12
  Speaker 1: the whole point of investing in the Max seven textocks
• 2:15
  Speaker 1: was you get out of normal return But I was
• 2:20
  Speaker 1: never a Max seven investor. Okay, just Teching two Tech
• 2:24
  Speaker 1: two Tech right, Apple, Amazon, you're getting out of normal
• 2:27
  Speaker 1: returns the last few years, the last few years, you
• 2:32
  Speaker 1: got less than normal returns.
• 2:34
  Speaker 3: It depends on what you bought.
• 2:37
  Speaker 1: In general, they've underperformed, they've underperformed that the major tech
• 2:42
  Speaker 1: companies have underperformed the newer superstars in the space or
• 2:46
  Speaker 1: emerging superstars in the space. Is it what about that?
• 2:50
  Speaker 1: What's the question people are asking the question? Is it
• 2:54
  Speaker 1: time to say, Okay, I'm still investing in tech, but
• 2:58
  Speaker 1: I'm going to invest in the rookies. I'm invest in
• 3:01
  Speaker 1: a two years instead of investing in.
• 3:03
  Speaker 3: The Yeah, okay, I thought you were.
• 3:06
  Speaker 1: I want to I want to prioritize m you saying this,
• 3:10
  Speaker 1: I wanted. I want to go with the space X.
• 3:12
  Speaker 1: I want to go with the newer, the new breed,
• 3:15
  Speaker 1: because I feel like in ten years this is going
• 3:18
  Speaker 1: to be the new mag seven.
• 3:20
  Speaker 2: Okay, And they're trying to frame the already now with mangos, right,
• 3:23
  Speaker 2: they got they got it accurate. Sorry, the answer is
• 3:26
  Speaker 2: it's a great question. By the way, I misunderstated at first,
• 3:29
  Speaker 2: but I got it. I get this every day rookies
• 3:32
  Speaker 2: versus vets. You have to do what owners do. Take
• 3:39
  Speaker 2: me out of it, do what owners do? You have
• 3:41
  Speaker 2: to layer your team with both. The answer isn't either
• 3:46
  Speaker 2: or kudos or for Tita and Kiati and never you
• 3:50
  Speaker 2: know what I mean. Any time I got to the
• 3:51
  Speaker 2: Rockets game, got a little chance to have a little
• 3:52
  Speaker 2: pow wow. The layering of new assets in real estate, business, equities,
• 4:01
  Speaker 2: venture shot to our guy, I don't know if we
• 4:05
  Speaker 2: would have mentioned his name, but he'll be an invest fest.
• 4:08
  Speaker 2: You have to layer them together like JINGI pieces to me.
• 4:12
  Speaker 2: I always called it a totem pole. You got a
• 4:13
  Speaker 2: totem pole and trading and same and investing, so you
• 4:17
  Speaker 2: may restructure like Apple still hit an all time high.
• 4:22
  Speaker 3: Microsoft is lagging behind. But even for stock Club.
• 4:27
  Speaker 2: That deep dip that they had, like I called that,
• 4:30
  Speaker 2: and we like most of the people in stock Club
• 4:32
  Speaker 2: are up even if they got in.
• 4:33
  Speaker 3: This year based on price. So if you have a
• 4:37
  Speaker 3: slot for eight, you need to do four new ones
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  Speaker 3: and four old ones.
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  Speaker 2: So but you also have to know the new ones
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  Speaker 2: that are going to thrive in two years versus they were.
• 4:49
  Speaker 2: It's a bunch of people who were supposed to be
• 4:50
  Speaker 2: Jordan injuries happening. They didn't have the sticktuitiveness, and we
• 4:56
  Speaker 2: can see it in the CEOs. I think Microsoft and
• 4:59
  Speaker 2: Meta have been beat up unfavorably, but I think in
• 5:03
  Speaker 2: the long term they'll be okay. And then of course
• 5:05
  Speaker 2: new players have come in and gotten high returns. Some
• 5:08
  Speaker 2: of these companies that have gotten high returns over a
• 5:10
  Speaker 2: year or two, they won't get high returns next year.
• 5:13
  Speaker 2: So you have to know which. But the answer is
• 5:15
  Speaker 2: to do what the owner does. And you have to
• 5:18
  Speaker 2: have both, got it? You have to have both, And really.
• 5:24
  Speaker 3: It depends on how much money you like.
• 5:26
  Speaker 2: For me, if you're investing hundreds of thousands of millions
• 5:32
  Speaker 2: into the market, you have to lean on a side
• 5:36
  Speaker 2: of conservatism versus if you're starting off trying to get
• 5:39
  Speaker 2: to your first hundred. If you're trying to get to
• 5:40
  Speaker 2: your first hundred, put all the money on the rookies.
• 5:44
  Speaker 2: But if you have a lot more money to lose.
• 5:46
  Speaker 3: You're going to have.
• 5:47
  Speaker 2: Because I've also gotten them calls where it's like, yo,
• 5:50
  Speaker 2: I bet on this, so I got on this two times,
• 5:52
  Speaker 2: levered this, and now I'm down three and a half million.
• 5:55
  Speaker 3: Why the hell you do that? Why I wanted to
• 5:57
  Speaker 3: take this from three to six or three to eight.
• 6:00
  Speaker 5: It's moving there. You've got to be careful. You got
• 6:02
  Speaker 5: to be careful. Yeah, it's tough, man. Do you have
• 6:06
  Speaker 5: to do both? I think the most important thing is
• 6:09
  Speaker 5: build a foundation. And because I just got a text,
• 6:14
  Speaker 5: I leave them anonymous they're like, yo, trure, I just
• 6:15
  Speaker 5: sold in video.
• 6:18
  Speaker 3: And I'm like, all right, I understand it.
• 6:20
  Speaker 5: They're looking at companies like Micron, they're looking at a
• 6:23
  Speaker 5: saying this. They're even looking like at an ARM recently,
• 6:25
  Speaker 5: and they're saying those companies are moving faster. They're not
• 6:29
  Speaker 5: a trillion dollar companies yet. Micron is san disk is,
• 6:32
  Speaker 5: an ARM isn't. But they have the potential to get there,
• 6:35
  Speaker 5: and so that point is fair. I get that point,
• 6:37
  Speaker 5: and I understand people want to have growth, but you
• 6:40
  Speaker 5: should also want to have your foundation, because at some point,
• 6:44
  Speaker 5: if you look at Video and you look at a
• 6:47
  Speaker 5: Microsoft formata, the reason that they have pulled back is
• 6:51
  Speaker 5: for the same thing. Because they're saying, you are spending,
• 6:55
  Speaker 5: and you are spending for a build out that we
• 6:58
  Speaker 5: haven't been able to put a return on yet.
• 7:01
  Speaker 3: But then they believe the numbers space. Here's the part.
• 7:04
  Speaker 3: Here's the part.
• 7:05
  Speaker 5: Here's the part the company that they're spending with the
• 7:09
  Speaker 5: rookies that you're buying. So the reason that Micron is
• 7:12
  Speaker 5: running is because Jensen said twenty twenty two, look, we're
• 7:16
  Speaker 5: gonna need memory.
• 7:16
  Speaker 3: This is Jason, this is Jaylen Bronson. Thing I'm gonna
• 7:19
  Speaker 3: get some capital.
• 7:21
  Speaker 5: The reason that Caterpillar runs is because we got to
• 7:24
  Speaker 5: figure out we need energy. The reason that GeV runs,
• 7:26
  Speaker 5: Hey we got energy for these data sames and so.
• 7:29
  Speaker 5: At some point right and we're not here yet, the
• 7:34
  Speaker 5: revenue that they spent with those companies will slow down
• 7:39
  Speaker 5: and the profitability of the companies that's.
• 7:41
  Speaker 3: Spent will contract.
• 7:42
  Speaker 5: We'll start to contract and start to appreciate again via
• 7:47
  Speaker 5: Microsoft Meta and video. And it's not to even say
• 7:51
  Speaker 5: contract because yes, at last year was at one hundred
• 7:54
  Speaker 5: dollars and today is sitting at two ten or two twelve,
• 7:57
  Speaker 5: and we saw it get to two thirty seven this year.
• 8:00
  Speaker 5: But the same theme that brought them down eventually, because
• 8:05
  Speaker 5: these are again multi trillion dollar company even Google, Amazon,
• 8:09
  Speaker 5: same thing right is to spend, is to spend spend.
• 8:12
  Speaker 5: The only one that hasn't had lost attributed to capex
• 8:17
  Speaker 5: spend is Apple, and that's because we really don't know.
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  Speaker 3: Yeah, we don't even know what the AI plan is
• 8:23
  Speaker 3: for them. But yes, have a mixture.
• 8:27
  Speaker 5: Just be mindful that the way that these companies are
• 8:30
  Speaker 5: moving right like Sands, that was twenty that was November
• 8:35
  Speaker 5: right here on market mondays it was one hundred and
• 8:37
  Speaker 5: ninety seven dollars. It was that twenty one hundred dollars right, like, yeah,
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  Speaker 5: that that rookie as apple. Can it get to a
• 8:45
  Speaker 5: trillion dollars? Well, for it to get the trillion, it
• 8:48
  Speaker 5: have to trade at nearly six thousand dollars.
• 8:50
  Speaker 2: A shit trip, and you're catching the rookie. You gotta
• 8:54
  Speaker 2: catch the rookies before they're hot. You know in the
• 8:57
  Speaker 2: finals you can't you can't buy deal Harper negotiations.
• 9:02
  Speaker 5: In the words of you in listen the first time
• 9:04
  Speaker 5: when it was two hundred and I said it on,
• 9:06
  Speaker 5: go do it. Then at twenty one hundred, you still
• 9:09
  Speaker 5: think it. Shout, it's too late. The rookies are going
• 9:11
  Speaker 5: to be great now. Some rookies don't pan out to
• 9:13
  Speaker 5: have great careers.
• 9:14
  Speaker 3: Hopefully these do. We're invested in a lot of them.
• 9:17
  Speaker 3: But just know that those vets are the foundation that
• 9:19
  Speaker 3: make the stand up.
• 9:20
  Speaker 5: They don't spend, then those companies don't jet the.
• 9:26
  Speaker 3: Right They need the vets.
• 9:27
  Speaker 2: And once again, the ETFs is the all stars. So
• 9:29
  Speaker 2: you don't have to spend all of this time be laboring.
• 9:33
  Speaker 2: If you're not listening, bro, shot, that's a great question.
• 9:36
  Speaker 2: That's a great question.