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TJR On Why Attention Beat Money — Transcript

by Market Bubble · 13,721 words · 1,930 segments · language en · Watch on YouTube

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  1. 0:00Thank you for coming on last minute. You
  2. 0:01were going to come on as the second
  3. 0:02guest, but uh yeah, Eric Vorhees clearly
  4. 0:05does not with us.
  5. 0:07>> Man, bro, what'd you guys do?
  6. 0:08>> He hates us. I don't know.
  7. 0:10>> No, he had he had an emergency. We'll
  8. 0:12have him on next week or one of the
  9. 0:13following weeks. I was excited about Do
  10. 0:15you know anything about him?
  11. 0:16>> No. No. Yeah, you mentioned the name. I
  12. 0:18have no clue.
  13. 0:20>> So, this show, what do you think about
  14. 0:21this show first off?
  15. 0:22>> I I'm I was pumped about it. I watched
  16. 0:24the full the full first one that you
  17. 0:26guys did. It was awesome.
  18. 0:28>> Yeah. I I think that this is um I mean
  19. 0:32obviously there's a whole lot of uh
  20. 0:34these like stock and crypto shows but I
  21. 0:38think you guys are bringing like a fresh
  22. 0:40youthful energy to it where we can mix
  23. 0:43the I mean it's kind of what I do online
  24. 0:45you mix like
  25. 0:46>> entertainment with education and you
  26. 0:49know put it out to the masses because I
  27. 0:52mean we saw um what has happened with
  28. 0:55other finance uh podcasts that get like
  29. 0:59very little viewership, you know,
  30. 1:00getting acquired for millions of
  31. 1:02dollars, which is just insane. Like
  32. 1:04imagine at what scale, you know, you
  33. 1:06would be able to bring this to if you
  34. 1:08guys can get like a whole lot more
  35. 1:10viewership, which I mean, so far has
  36. 1:12been the case.
  37. 1:12>> I think something that we're touching on
  38. 1:14too, which I feel like a lot of these
  39. 1:16like more traditional finance tech shows
  40. 1:18ignore, is um an emphasis on attention.
  41. 1:21And we we kind of like open this show up
  42. 1:23with that and we we talked about Did you
  43. 1:25watch Do you watch Thread Guy at all?
  44. 1:27>> Yeah. Yeah. Did you watch his uh
  45. 1:28interview with Chris Camillo?
  46. 1:30>> No,
  47. 1:31>> I haven't yet. Are you familiar with
  48. 1:32Chris Camilo though?
  49. 1:34>> No. What? Who is he?
  50. 1:35>> Big narrative trader, bull posts,
  51. 1:37Amazon. [ __ ] brilliant guy. Super
  52. 1:39super smart guy. I think he's my
  53. 1:41favorite. He's like I think he's
  54. 1:42becoming my goat.
  55. 1:43>> Yeah, he he trades on narratives and
  56. 1:44momentum. He flipped 20k into 80 mil
  57. 1:46just trading stocks and like
  58. 1:48>> firing hard into like single names that
  59. 1:50he thought were undervalued and then
  60. 1:52riding um those trends and just like
  61. 1:54rotating really aggressively. The same
  62. 1:56way we rotate aggressively in crypto
  63. 1:57like in 2021 it was like Salana, Luna,
  64. 2:00Avac when one's not moving another one.
  65. 2:02>> He behaves he behaves in traditional
  66. 2:03stocks and trading traditional stocks as
  67. 2:05if he was in crypto. He sounds like a
  68. 2:07guy who lives in crypto but he he
  69. 2:09doesn't.
  70. 2:10>> Stocks is the move now in my opinion
  71. 2:13>> for sure. We were just talking about
  72. 2:15that is crypto entering a bull market.
  73. 2:17What was your final conclusion on that?
  74. 2:19I I think that yes, I I'll say yes, but
  75. 2:22I just think I don't think Bitcoin and
  76. 2:24ETH are going to outperform in the same
  77. 2:26way that the leading other leading
  78. 2:27assets are. I think Zcash and I think
  79. 2:29Hype are both going to trend to all-time
  80. 2:31highs over the next few months. Um, but
  81. 2:33I think if I was like, how to split my
  82. 2:36portfolio right now, it would probably
  83. 2:38be like 70% stocks, 30% crypto. That's
  84. 2:40how I would I would do the split. Um, I
  85. 2:42know TJR, you traded crypto, you trade
  86. 2:44stocks. um tell us a little bit about
  87. 2:46like your story with trading, how you
  88. 2:48started with trading and then um how you
  89. 2:50switched not switched but like got into
  90. 2:53content from trading and like your view
  91. 2:55on how that's that's beneficial for
  92. 2:57people.
  93. 2:58>> Yeah, for sure. So, I first learned
  94. 3:00about crypto when I was a freshman in
  95. 3:02high school. There was a senior on our
  96. 3:04football team. Um he was like kind of
  97. 3:08just like the dude that could get [ __ ]
  98. 3:10on the black market was always like kind
  99. 3:12of a weird guy. Um, and he was on our
  100. 3:16football team and essentially just like
  101. 3:18whatever gave us the whole Bitcoin's
  102. 3:20going to change the world pitch. Um, and
  103. 3:23he ended up getting a brand new I think
  104. 3:26at the time it was like the i8 butterfly
  105. 3:28doors license plate said Bitcoin. Um,
  106. 3:32and once I saw that I was like, "Okay,
  107. 3:34I'm freaking sold." You know, like this
  108. 3:36dude was able to pretty much just say
  109. 3:37like, "Fuck everything. I'm able to do
  110. 3:39this." And as a high schooler, I'd never
  111. 3:41seen anything like that. Yeah.
  112. 3:42>> Um and then from there just like pursued
  113. 3:45crypto um pretty hard and then that's
  114. 3:49really what led me to get into trading.
  115. 3:51Started out trading um currencies and
  116. 3:54that was like okay I was trading the
  117. 3:58pound against the yen for a bit and then
  118. 4:00I would trade gold as well. Um
  119. 4:02>> what gave you the idea to do that
  120. 4:04>> bro? I literally just looked up like day
  121. 4:07trading on YouTube. Um, and you know,
  122. 4:10like
  123. 4:11>> literally. Yeah. Um, and then from
  124. 4:14there,
  125. 4:15>> uh, was doing that pretty much all
  126. 4:17throughout high school. And then the
  127. 4:192020 bull run is really where I made the
  128. 4:22majority of my money. It was just like
  129. 4:23Salana. Everything was built on Salana.
  130. 4:25And then from there, once I had like a
  131. 4:28fat stack of cash, um, trading became a
  132. 4:31lot easier. I think I'm sure a lot of
  133. 4:34you guys can maybe relate to that where
  134. 4:36when you no longer are trying to like
  135. 4:38forcefully make trading uh work like you
  136. 4:42need it to pay rent or put food on the
  137. 4:45table. Um it becomes a lot easier to
  138. 4:48trade because you're not so worried
  139. 4:49about the risk. You're not nearly as
  140. 4:51emotional or as emotionally connected to
  141. 4:53the money that you're risking. Um and
  142. 4:56then from there I gradually switched
  143. 4:58over to just trading equities and doing
  144. 5:00futures. So now I only trade the S&P 500
  145. 5:03and NASDAQ and I've been doing that for
  146. 5:07for a while now only ES and NAS NASDAQ
  147. 5:11for like the past two and a half three
  148. 5:13years.
  149. 5:13>> So not only are you trading against
  150. 5:15attention and with that kind of at the
  151. 5:16forefront but you're also like I mean is
  152. 5:19it fair to say to say that attention is
  153. 5:21kind of the most important piece of like
  154. 5:22your entire business and like you as a
  155. 5:25as a brand and as a personality on the
  156. 5:26internet?
  157. 5:27>> Oh bro. Oh yeah. Yeah. I sorry I forgot
  158. 5:29to mention the like social media come
  159. 5:31up. So yeah, I started doing social
  160. 5:33media. It was the I want to say like the
  161. 5:37first semester of my sophomore year of
  162. 5:41college. Um and then I ended up dropping
  163. 5:44out right after right after that because
  164. 5:47that was when everything just hit
  165. 5:48all-time highs and obviously made a bag
  166. 5:51from crypto. And then I ended up moving
  167. 5:53out here to Puerto Rico to avoid all
  168. 5:55taxes. Um and then
  169. 5:57>> smart
  170. 5:58>> that smart.
  171. 5:59>> Yeah. So that is moving to Puerto Rico
  172. 6:02is really what like really kicked off my
  173. 6:05influencer
  174. 6:07um career because I, you know, wasn't
  175. 6:10really living in like a college town
  176. 6:11anymore and I wasn't really like
  177. 6:14constricted to other people's opinions
  178. 6:16of like
  179. 6:17>> and let's face it, what the [ __ ] else is
  180. 6:18there to do in Puerto Rico, right? So
  181. 6:19it's like
  182. 6:20>> Yeah. Yeah.
  183. 6:22Yeah.
  184. 6:24>> No, genuinely like I got out here and I
  185. 6:26looked around and there was the only
  186. 6:27friends that I could make were 50 years
  187. 6:29old or older and it was like, "Okay,
  188. 6:32what are these guys doing? They're
  189. 6:33working." So I only trade for an hour
  190. 6:35and a half, two hours in the morning, so
  191. 6:36I might as well make Tik Toks and
  192. 6:38YouTube videos on how to do this [ __ ]
  193. 6:40Um, so
  194. 6:41>> so it changed your life in two ways
  195. 6:42really. And obviously one was more
  196. 6:43calculated and financially um charged,
  197. 6:47but the second one like Yeah, that's
  198. 6:49that's interesting. We've actually never
  199. 6:50talked about that, but that's that's
  200. 6:51cool.
  201. 6:52>> Yeah. And now, I mean, bro, I see like
  202. 6:55attention as just the best currency
  203. 6:59nowadays. Um, you know, like obviously I
  204. 7:01do my trading in the morning, but I'm
  205. 7:02killing two birds, one stone. Like, I'm
  206. 7:04streaming my trading on kick in the
  207. 7:07morning and then after that, I'm
  208. 7:08continuing the stream going IRL or doing
  209. 7:1120 30 Tik Toks during the day or making
  210. 7:14a YouTube video. Like if I'm I need to
  211. 7:16be putting out as much content as
  212. 7:18possible because I just see where the
  213. 7:19world's going. And you you need to have
  214. 7:21a social presence.
  215. 7:23>> We got to pick your brain on the short
  216. 7:24form. Tik Tok, Instagram real. You got
  217. 7:26to do that. You got to do that because
  218. 7:27you are that is definitely like
  219. 7:29>> in my opinion like why anybody knows who
  220. 7:32you are. Like that's really how you and
  221. 7:34[ __ ] kind of um
  222. 7:35>> like a like a [ __ ] virus infected
  223. 7:37everybody's timelines and everybody's
  224. 7:39reels. Um, and again, you're just like
  225. 7:41you're packaging and presenting like you
  226. 7:43said content like these subjects that
  227. 7:46we're discussing. We're not the only
  228. 7:47people who are successful or whoever
  229. 7:48made money trading, right? But the way
  230. 7:50we're packaging it and delivering it and
  231. 7:52and the subjects that we're pairing it
  232. 7:53with, like this attention piece, like
  233. 7:55that's what this show ultimately is
  234. 7:57about. It's about, you know, AI is going
  235. 7:59to disrupt the [ __ ] out of everything.
  236. 8:00We talked last time I hung out, we hung
  237. 8:02out, when was that? It was in LA.
  238. 8:04>> Yeah. I can't remember when that was.
  239. 8:06>> We went for a little coffee walk. It was
  240. 8:08[ __ ] cute. But I was like super
  241. 8:10pilled on the AI [ __ ] It's like right
  242. 8:12when I set up Open Claw, I'm like, "Bro,
  243. 8:13you got to go home and set this [ __ ]
  244. 8:14up." Where are you at with that right
  245. 8:16now? Where you at with AI? How is it How
  246. 8:17is it worked its way into your
  247. 8:19dayto-day? Are you [ __ ]
  248. 8:21>> Yeah, I just clawed the [ __ ] out of
  249. 8:24everything. Um, and for me
  250. 8:28within a most of I mean I try and use AI
  251. 8:32as much as possible but I feel like if
  252. 8:35you have like a software company for
  253. 8:38example obviously AI is going to be able
  254. 8:41to help you out immensely. But for me a
  255. 8:44lot of like for me it's just trading and
  256. 8:46trading AI isn't necessarily going to
  257. 8:48help me out too much at least right now.
  258. 8:50Um, and then content. I'm the only one
  259. 8:52that can be in front of the camera. So,
  260. 8:55a lot of my business is just like I'm
  261. 8:58just asking it advice for little things.
  262. 9:00And it's helped helped a bit on like the
  263. 9:02clothing brand side of things that me
  264. 9:04and my uh my business partner run like
  265. 9:07to be able to do like ads, SMS, and
  266. 9:09email. Um, but I feel like it's at least
  267. 9:13where I'm at right now. Do
  268. 9:14>> you think you could be doing more or
  269. 9:15should be doing more with it? Do you
  270. 9:18feel that or do you or just
  271. 9:20>> to be honest? Yes. But something that
  272. 9:24all of the most successful people that
  273. 9:26I've ever met in my life have told me is
  274. 9:29like do what you're good at. And
  275. 9:31>> what I've seen that I'm good at that I
  276. 9:34will never be replaced at is being in
  277. 9:36front of a camera. Um, and then also
  278. 9:38being in front of a chart. So, and right
  279. 9:41now AI can't necessarily completely
  280. 9:43replace me. You can still tell that it's
  281. 9:45an AI version of me. So until that
  282. 9:48becomes the case, that's when I would
  283. 9:50want to, you know, be able to actually
  284. 9:52implement that. I have implemented it
  285. 9:53with short form and being able to
  286. 9:55massproduce clips. Yeah, that's a little
  287. 9:57a little gem that a lot of you guys
  288. 9:59probably aren't hip to, but yeah, I'm
  289. 10:00getting like,
  290. 10:01>> well, that's what we preach. It's like
  291. 10:03use it for what it's worth. It's a tool,
  292. 10:04right? Be the human element. Be the best
  293. 10:07version of like you said, whatever
  294. 10:09you're good at. Um add emphasis and
  295. 10:11really that's kind of we're kind of
  296. 10:12saying the same thing in different ways.
  297. 10:14I think that you put all your eggs in
  298. 10:15the baskets that make sense. Like you
  299. 10:17said, for you it's being in front of a
  300. 10:18camera and being in front of charts. But
  301. 10:20um Z, I don't know. It's safe to say
  302. 10:23what percentage of this show does
  303. 10:25[ __ ] Claude produce realistically
  304. 10:26with the [ __ ] like I'll share it
  305. 10:28right now.
  306. 10:28>> We do a lot.
  307. 10:29>> Um
  308. 10:30>> look at this. There's there's like a
  309. 10:31there's like a
  310. 10:32>> we do topics with links and [ __ ]
  311. 10:34hooks and stuff and Claude does this
  312. 10:36whole [ __ ] thing and like
  313. 10:37>> we're recording all of our How do How do
  314. 10:41we get him back in the middle?
  315. 10:43Oh, three hosts here. Uh we uh we we rec
  316. 10:47I record every single meeting that I'm
  317. 10:49in with whether it's with lawyers,
  318. 10:51finance people on the market bubble team
  319. 10:54and you know record it with Gemini and
  320. 10:56feed it to this thing. And and the way
  321. 10:58that I've been using it, I think it's
  322. 10:59interesting for us three because there's
  323. 11:00so much readily available information
  324. 11:02about us online. And I think we talked
  325. 11:04about this on our walk, but it's like,
  326. 11:06yo, learn me and understand me in every
  327. 11:10single part of my business and
  328. 11:11everything that I'm involved in and
  329. 11:12invested in as much as you possibly can
  330. 11:15and highlight blind spots or things that
  331. 11:17you think I could be doing better. All
  332. 11:19the way from like your health and what
  333. 11:20you're doing, what you're eating every
  334. 11:22day to I don't know. It's it's it's
  335. 11:24that's kind of how I use it like really
  336. 11:26for everything. And I think I think it's
  337. 11:28super valuable to just like
  338. 11:30>> give it as much information as possible
  339. 11:32about you, your business, everything
  340. 11:33that you're doing and just allow it to
  341. 11:35build this like this profile on you and
  342. 11:37understand you better than yourself
  343. 11:38because that's where we're headed,
  344. 11:39right? Like
  345. 11:40>> yeah,
  346. 11:40>> we have to use use I a lot at Bullpen.
  347. 11:43Um, so one of the the key like
  348. 11:47advantages of Poly Market, like them
  349. 11:49having all of their data on chain allows
  350. 11:51us to do a lot with indexing that data,
  351. 11:54looking at the top traders, looking at
  352. 11:55all the the information that we get from
  353. 11:58that. Um, and so like we have a lot that
  354. 12:02we're able to do with AI, the the CL the
  355. 12:04CLI, which is the terminal essentially
  356. 12:07that's works with claude code um, and
  357. 12:10bullpen. If you ever wanted to like
  358. 12:12build a skill to look at certain sports
  359. 12:14trends or like look at certain
  360. 12:15predictions that people are are are
  361. 12:16looking at um you can do all that um
  362. 12:19directly in your terminal with with what
  363. 12:20we built there and also a lot of like
  364. 12:22the data around whales. Like here we
  365. 12:24have our page on predictions. This is
  366. 12:26like our whales page. Um and you see
  367. 12:29this guy is like a 55% win rate win rate
  368. 12:32has like 800k plus P&L. Um, they've also
  369. 12:36built out like if you just wanted to
  370. 12:38copy trade this dude, you could put how
  371. 12:40much you would have copy trade. Um, max
  372. 12:43size per position, max size per like
  373. 12:45trader slippage on each trade. Um, if
  374. 12:48you wanted to not use any of these
  375. 12:49limits, you can do that too. Um, but all
  376. 12:51these things like a lot of the stuff
  377. 12:53that we've built is a lot is used by AI.
  378. 12:56AI is in our system to build a lot of
  379. 12:59these different things. Um, I know TGR
  380. 13:01you're you're big on Poly Market. Is
  381. 13:03there anything you're looking at like
  382. 13:04trading right now with predictions wise?
  383. 13:06Um,
  384. 13:07>> yeah. So, my boy just sent me this. I
  385. 13:09don't want to take any any claim for
  386. 13:11this, but my boy sent me this this
  387. 13:13morning. Um, and I want to hear you
  388. 13:15guys' thoughts on this because I'm
  389. 13:17personally going to hammer it. So, I'm
  390. 13:19going to I'll read you.
  391. 13:20>> You sound I will say this. You sounded
  392. 13:21genuinely excited when I called you
  393. 13:23today. You said, "Yo, I have some
  394. 13:24[ __ ]
  395. 13:25>> I am excited. I am excited.
  396. 13:27>> Crazy World Cup alpha. Paul, you're
  397. 13:29about to get into it. You're about to
  398. 13:30dump it all on me." And I said, "Save it
  399. 13:31for the show." Okay.
  400. 13:33>> So, this is the first time we're hearing
  401. 13:34about it.
  402. 13:34>> Okay. So, this is Okay, this is maybe
  403. 13:36like part of my degenerate side showing,
  404. 13:39but World Cup is coming up. And so, this
  405. 13:42is this is one of my friends who's like
  406. 13:45overly loaded. Actually, he might be on
  407. 13:49X, but he's anonymous um massive uh
  408. 13:52memecoin guy. Um, so he said essentially
  409. 13:55you're able to buy a dollar for 80 cents
  410. 13:59right now on Poly Market via the World
  411. 14:02Cup. So he says you pretty much I'll
  412. 14:05just read this word for word on the top
  413. 14:07eight teams on World Cup Poly Market.
  414. 14:10You buy the same amount of shares for
  415. 14:13each of the teams. And the theory is
  416. 14:16that by buying the top eight, you're
  417. 14:18buying around pretty much 80% of the
  418. 14:21market because odds that one of those
  419. 14:24teams doesn't win the World Cup is very
  420. 14:26[ __ ] slip.
  421. 14:27>> Le less than 20% for sure. Surely.
  422. 14:29>> Exactly. So you're you're buying more
  423. 14:31than 80% of the total market.
  424. 14:33>> This could be a little This could be A
  425. 14:35BANGER.
  426. 14:36>> THAT'S WHAT I'M SAYING. That's what I'm
  427. 14:37saying.
  428. 14:39>> Okay. So again, you're assuming that one
  429. 14:42of the leading eight teams is going to
  430. 14:44win, which would cash out at a dollar.
  431. 14:48So if you put if you buy the same amount
  432. 14:50of shares across all of the top eight
  433. 14:53teams, then again, if you were to risk
  434. 14:56$30,000, you would essentially be able
  435. 14:58to make $6,000. It's not it's not
  436. 15:00anything crazy, but again, what are the
  437. 15:02odds of, you know, not one of the top 18
  438. 15:05winning?
  439. 15:06>> No, it makes perfect sense.
  440. 15:07>> World Cup. So, I'm per I'm personally
  441. 15:10hammering it.
  442. 15:11>> I think I think I'm gonna take this,
  443. 15:12bro, because Yeah, the top that makes
  444. 15:14sense. The top eight top eight teams,
  445. 15:17>> bro. I don't know [ __ ] about soccer,
  446. 15:19bro. I'm I'm way football.
  447. 15:21>> But what you're saying just logically
  448. 15:22makes perfect sense. And these these
  449. 15:24opportunities obviously exist in sports.
  450. 15:25Like, you can [ __ ] slam Serena
  451. 15:27Williams to win her [ __ ] 150th
  452. 15:30consecutive tennis match. Actually, have
  453. 15:31a real here's the [ __ ] word of the
  454. 15:33day again, anecdote. Real life. My
  455. 15:35friend, my friend back home, degenerate
  456. 15:37gambler, slammed some Serena Williams
  457. 15:39tennis thing. Like that's where he was
  458. 15:40at. $1,000 to win [ __ ] 50 bucks. But
  459. 15:43it's like so guaranteed. And he actually
  460. 15:45ended up losing. So there obviously is
  461. 15:46still
  462. 15:48wait.
  463. 15:50>> It was way worse than that, bro. He lost
  464. 15:51like 20 bands doing that.
  465. 15:53>> Thousand to win 50.
  466. 15:54>> I'm making up this number. it was closer
  467. 15:56to probably a 20 bands of money that he
  468. 15:59didn't have um to win probably a couple
  469. 16:01racks, you know, but in his mind it's
  470. 16:03just like let me farm this quick easy,
  471. 16:06you know, $1,000. But um no, but but but
  472. 16:09the 20% discrepancy is [ __ ] crazy.
  473. 16:12Like that that's probably the real odds
  474. 16:14of that if you ask [ __ ] Claude. I
  475. 16:16mean, I can do it right now.
  476. 16:17>> I wonder
  477. 16:19I'm going to ask Claude. I'm going to
  478. 16:20ask Claude right now. I'm going to ask
  479. 16:21Claude.
  480. 16:21>> Yeah, that's that is interesting. I mean
  481. 16:23that the the thing I think with with
  482. 16:25with poly market and predictions because
  483. 16:27they're so new and because there's not a
  484. 16:29lot of volume on them in some certain
  485. 16:30markets there's a lot of inefficiencies
  486. 16:32that retail specifically can take
  487. 16:34advantage of. Um it's kind of similar to
  488. 16:37what the Chris Camila guy was talking
  489. 16:38about. It's like there's areas where if
  490. 16:40you're not a large entity that needs to
  491. 16:42trade like billions of dollars, there's
  492. 16:44certain areas in the market where you
  493. 16:45just can be better than a fund is. And I
  494. 16:47think it's the same thing with
  495. 16:48prediction markets. Um there's a lot of
  496. 16:50areas that you can trade where you might
  497. 16:52just have an advantage, have more
  498. 16:53knowledge on that certain topic than
  499. 16:55somebody or you see something that moves
  500. 16:57slower than um something else. Like a
  501. 16:58lot of people have made bots
  502. 17:01specifically for tailing people that are
  503. 17:03doing well or tailing or adop adapting
  504. 17:07uh to changes in other markets that like
  505. 17:09poly market's not the first for. So it's
  506. 17:11definitely an area you can you can make
  507. 17:13money on.
  508. 17:14>> That might be a little money glitch,
  509. 17:15brother. I might have to slam that as
  510. 17:17well. What's What's the uh
  511. 17:19>> I might have just said that as well. 100
  512. 17:21bands win win win a quick 20. It's like
  513. 17:23guaranteed.
  514. 17:24>> That's what I'm saying. That's what I
  515. 17:26was thinking. Like, yo, risk risk a 100
  516. 17:29rags.
  517. 17:29>> 100.
  518. 17:30>> Yeah, that's that's
  519. 17:33Oh, we might have lost them.
  520. 17:35>> Yeah.
  521. 17:35>> No, sorry. Sorry. My [ __ ]
  522. 17:38>> um Are you the Isn't the World Cup in
  523. 17:40New York? It's here, right?
  524. 17:42>> It's in the US. Yeah. Yeah,
  525. 17:43>> it's in I think some of the games are in
  526. 17:45It's in New York, right? Wait, wait,
  527. 17:47hold on now. Hold on, hold on, hold on,
  528. 17:48hold on.
  529. 17:49>> There's one in Miami. I know that.
  530. 17:54>> It's saying it's saying 20%. It's it's
  531. 17:56it's it's odds. It's odds for the top
  532. 18:00for somebody in the top. This is clawed.
  533. 18:02I didn't give it any other context. I
  534. 18:03just gave it what do you think the odds
  535. 18:04the top eight favored teams, whatever.
  536. 18:06And um
  537. 18:09it says 20. It says combine 80%. So
  538. 18:12>> So you chance
  539. 18:13>> Poly Market's accurate. I guess you're
  540. 18:15not really getting a ton of
  541. 18:18I don't know. When's the last time
  542. 18:20somebody out of the top eight though
  543. 18:22won? Is that
  544. 18:22>> That's what I'm saying. That's what I'm
  545. 18:24saying. Like look at find that average.
  546. 18:26>> 20 20% is [ __ ] crazy.
  547. 18:28>> Yeah.
  548. 18:29>> I wonder how much it is to go to some of
  549. 18:31the games. So those are probably going
  550. 18:32to be lit.
  551. 18:33>> Um
  552. 18:34>> I'm definitely going to go. I don't even
  553. 18:35know [ __ ] I don't know [ __ ] about
  554. 18:36soccer, but I know they turn up.
  555. 18:38>> Yeah, they're Bro, soccer fans are die
  556. 18:41hard.
  557. 18:42>> They're die hard.
  558. 18:44>> Yeah. I might pull up to some of that
  559. 18:45[ __ ] too. It's in June, right? The
  560. 18:47first I think the first round is in
  561. 18:48June. Like middle of June or something.
  562. 18:52I think
  563. 18:57>> So, you're still you're still in in PR
  564. 18:59now, right? How much you go back and
  565. 19:00forth or like you have to do 50% or
  566. 19:02whatever it is?
  567. 19:03>> Yeah, you got to do 183 days out here.
  568. 19:07And honestly, man, I I need to talk my
  569. 19:10[ __ ] Everybody, everybody on Twitter, I
  570. 19:12love seeing people on Twitter say, "Oh,
  571. 19:14yeah. I could move to Puerto Rico, but I
  572. 19:16don't want to live in a hut." Bro,
  573. 19:19Puerto Rico living is so great. Like, it
  574. 19:22is.
  575. 19:22>> You're never going to convince me.
  576. 19:24>> It's so good. Have you, bro? Come to
  577. 19:27Dorado Beach. Come to Dorado Beach.
  578. 19:29Rich. I'm sure I could enjoy. I could
  579. 19:32enjoy. We honestly should.
  580. 19:33>> We should We should pull up. I'm down to
  581. 19:35come visit.
  582. 19:36>> Puerto Ricans are sexy as [ __ ] too.
  583. 19:38Puerto Rican girls are sexy as [ __ ]
  584. 19:40That's true.
  585. 19:40>> Um, I'm sure I could enjoy it with you.
  586. 19:42You obviously have a whole [ __ ] home
  587. 19:43base. You're talking about buying
  588. 19:44[ __ ] ferris wheels and [ __ ] You're
  589. 19:46like buying up real estate and business
  590. 19:48in Puerto Rico.
  591. 19:49>> Okay. So, so for for for context, they
  592. 19:52just extended the tax act to 2055.
  593. 19:54Originally, it was going to end in 2035.
  594. 19:57So, first of all, you have to understand
  595. 19:59that my income I'm making double what
  596. 20:02everybody else if they're making the
  597. 20:04same amount as me, I'm making double the
  598. 20:05amount as them. And then not only that,
  599. 20:08I'm able to make double from my
  600. 20:09investments because it's 4% federal
  601. 20:12income tax. So I'm still still paying a
  602. 20:14tiny bit, but then 0% capital gains. So
  603. 20:18how do you expect anybody that's making
  604. 20:20the same amount of money in the states
  605. 20:21to be able to operate at the same level?
  606. 20:24It's just not possible. Um, and I also
  607. 20:28look at all of these billionaires that
  608. 20:30are living here. If they if they can
  609. 20:33justify living here, I sure as hell can
  610. 20:35justify living here. And I also
  611. 20:37>> I think it makes perfect sense for you.
  612. 20:38I think it makes perfect sense for you.
  613. 20:40And honestly, I'm really [ __ ] sold on
  614. 20:42it in regards of like you and your life
  615. 20:44just just based on kind of kind of
  616. 20:47learning and discovering that that's
  617. 20:48really what pushed you into content as
  618. 20:50heavy as you're in it. Like being bored
  619. 20:52is a good thing sometimes. I mean, right
  620. 20:53now like I I'm I'm super I've isolated
  621. 20:55myself the last the last year. Not in
  622. 20:57like a depressing dark way, but I've
  623. 20:59I've decided to spend a lot more time on
  624. 21:00my own with myself and it's been great.
  625. 21:03It's been very productive. I live alone
  626. 21:05now. Um, and yeah, I mean being bored
  627. 21:08and having nothing to do and being in
  628. 21:09your in your head in when in a good
  629. 21:12Yeah, being in grind mode is a good
  630. 21:14thing.
  631. 21:14>> Wait, so when's your number on when you
  632. 21:16would leave though? Like there has to be
  633. 21:17some number where you're like, "Okay, I
  634. 21:19don't need to be in Puerto Rico anymore
  635. 21:21>> cuz like if you like are you going to
  636. 21:23you plan on settling down there like
  637. 21:25forever or like you want to,
  638. 21:26>> bro? There's one of the best private
  639. 21:28schools in the country in my freaking
  640. 21:29neighborhood."
  641. 21:30>> For real.
  642. 21:31>> Like Yes, bro. So if I have kids, I know
  643. 21:33exactly where I'm sending them. Oh,
  644. 21:34you're you're really serious about the
  645. 21:36Puerto Rico [ __ ] For real,
  646. 21:37>> brother. When I say he bought a ferris
  647. 21:39wheel, he's like buying business in real
  648. 21:41estate in Puerto Rico actively.
  649. 21:43>> That's why.
  650. 21:44>> Yeah. Like I mean, obviously I think the
  651. 21:49only thing that I have with Puerto Rico
  652. 21:52is is the days. Like I love having this
  653. 21:56being my primary residence, but I would
  654. 21:58just like to travel a little bit more.
  655. 22:00like if I could only spend like four
  656. 22:02months here, that would be best for me.
  657. 22:05Um, so honestly, I think, bro, I love
  658. 22:09life out here. So, I honestly never
  659. 22:12really imagine myself leaving this as my
  660. 22:15primary residence. But if I say
  661. 22:18whatever, I want to have a house in like
  662. 22:21Orange County, which I love Orange
  663. 22:23County. Um, then, you know, maybe once I
  664. 22:27hit a certain number or
  665. 22:29>> what I personally, I don't really know
  666. 22:31what that what that number is. Um, but
  667. 22:35it would have to be a lot to be honest.
  668. 22:37>> There's a huge factor we're not talking
  669. 22:38about or considering right now either.
  670. 22:40And that's just like who you wind up
  671. 22:41having kids with, who your wife ends up
  672. 22:43being, who your partner ends up being.
  673. 22:44Obviously, her opinion and how she feels
  674. 22:46like
  675. 22:46>> is going to heavily dictate what you do
  676. 22:49next. And that completely changes
  677. 22:50things. You know what I mean?
  678. 22:51>> No, for sure.
  679. 22:53>> It's interesting.
  680. 22:54>> Um,
  681. 22:55>> but you you can't tell me that like
  682. 22:57Okay, so you live in LA and then Anom,
  683. 23:01where do you where do you live? New
  684. 23:02York.
  685. 23:02>> In New York. Yeah.
  686. 23:04>> Oh, so you guys are getting
  687. 23:06>> we're getting wrecked. We also live in
  688. 23:08the two best cities on earth, brother.
  689. 23:10>> That I can go and visit for half the
  690. 23:13year and I can still get tax advantages,
  691. 23:17bro. Like,
  692. 23:18>> you know,
  693. 23:20>> so like you're not telling me, okay, I'm
  694. 23:23I'm here I'm here to pitch you guys.
  695. 23:25Like, you're not telling me that you
  696. 23:26don't spend at least half of your year
  697. 23:30in an office or working
  698. 23:34>> this last year maybe. But but my the
  699. 23:36whole my whole life, no. And I don't
  700. 23:38know, man. Like it's whenever I think
  701. 23:40about this. I like waking up and I like
  702. 23:43walking through Beverly Hills and I like
  703. 23:45[ __ ] my little routine and I love the
  704. 23:46weather and I love the people. I have a
  705. 23:48whole life here, you know? I have a
  706. 23:50company, employees here. I have [ __ ]
  707. 23:52I built an entire life for myself, which
  708. 23:54is why I worked so hard was to build
  709. 23:56this foundation and this life for that's
  710. 23:57like the loop that I get stuck in. I'm
  711. 23:59like,
  712. 23:59>> see that somebody like you, that's
  713. 24:01that's the that's the most difficult
  714. 24:02thing for people. I left a place that I
  715. 24:05had no attachment at all. You know, I
  716. 24:08was leaving like Salt Lake City,
  717. 24:10freaking Utah that I was just like, bet.
  718. 24:12Like, do
  719. 24:13>> I will say this, the first original FaZe
  720. 24:14house, we all moved into a house in Long
  721. 24:16Island because it was close to the
  722. 24:17sponsor that was paying for it. This
  723. 24:18before any of us made any sort of bread.
  724. 24:21Um, and we lived in a house in uh Plain
  725. 24:23View, Long Island, and we never left the
  726. 24:26crib. We sat in the house all day and
  727. 24:27played Call of Duty and CS:GO and made
  728. 24:29[ __ ] YouTube videos, and we could
  729. 24:30have did that anywhere. And um it was
  730. 24:32one of the most lively, engaging, one of
  731. 24:35one of my most it's it's a chapter of my
  732. 24:38life that I cherish. And I think part of
  733. 24:40it was I I wasn't leaving anything
  734. 24:41behind. I was like trying actively to
  735. 24:43switch it up and I was with who I needed
  736. 24:46to be. I I don't know.
  737. 24:49>> Yeah. I I love New York, bro. I'm not
  738. 24:50going anywhere. I'm not.
  739. 24:52>> Yeah. New New York New York's great for
  740. 24:55sure. New York New York is one of those
  741. 24:56cities where you just like everywhere
  742. 24:58you go, if you travel, like if you stay
  743. 25:01there for a certain amount of time and
  744. 25:02you come back to New York, always like,
  745. 25:03"Yeah, there's no city like New York."
  746. 25:05No matter where I go, literally. Um, so
  747. 25:07yeah, I'm
  748. 25:08>> I I agree with that. New York New York
  749. 25:10is is amazing. Every time I go there,
  750. 25:12I'm like, "Damn, this is this is the
  751. 25:14city for sure."
  752. 25:15>> Okay, so so breakdown. I I didn't catch
  753. 25:18the beginning of this because I was um
  754. 25:21busy. What were you guys talking like
  755. 25:23stocks and crypto-wise? Yeah, we're
  756. 25:25talking about stocks, talking about
  757. 25:26crypto. Um, we were talking about Zcash
  758. 25:28and Hype. We think those are like the
  759. 25:30two best crypto trades right now.
  760. 25:32>> Great.
  761. 25:33>> I'm just crushing it, bro. The
  762. 25:34>> Hyperliquid's an amazing
  763. 25:35>> My only um only caveat with Hype, like
  764. 25:38their their past quarter, their revenue
  765. 25:40is pretty much flat. Like it's one of
  766. 25:42the only quarters that they haven't
  767. 25:43grown substantially in revenue since
  768. 25:44their launch. But they've done an
  769. 25:46amazing job with um implementing stocks
  770. 25:49trading. So like before obviously they'd
  771. 25:51per all of crypto. Now they have per for
  772. 25:53stocks, commodities, crypto, all these
  773. 25:55things. And I think stocks right now are
  774. 25:56close to like 30 or 40% of the top 10
  775. 25:59like volume right now on what's what's
  776. 26:01trading on the platform.
  777. 26:02>> So I'm surprised TJ trade on Hyperlid
  778. 26:04ever.
  779. 26:04>> I was No, I was just about to say I'm
  780. 26:06actually thinking of transitioning to
  781. 26:09trading.
  782. 26:11>> You absolutely should.
  783. 26:12>> Okay. So the only the only problem is
  784. 26:14when I tested it
  785. 26:17>> trading pers is at least when you're
  786. 26:20calculating risk or maybe because I was
  787. 26:22doing it on my phone maybe it's better
  788. 26:24on desktop but when you're calculating
  789. 26:26risk you have to adjust leverage every
  790. 26:28single time because for me I'm not
  791. 26:29placing um trades based off of just like
  792. 26:33a certain like obviously I have a set
  793. 26:34dollar amount that I'm willing to risk
  794. 26:36per trade but I'm doing it based off of
  795. 26:37price action and for me I'm entering
  796. 26:40like when I'm trading on futures I need
  797. 26:42to be able to enter within seconds.
  798. 26:45>> Um, so being able to whatever drag the
  799. 26:48little leverage button and then find the
  800. 26:50exact amount of leverage and then put it
  801. 26:52into like a risk management calculator
  802. 26:54to be able to find exactly where that's
  803. 26:56supposed to be at to place my stop and
  804. 26:58whatever. Um, at least when I tested it
  805. 27:01on my phone, it was maybe I didn't give
  806. 27:04it enough of a shot, but it took too
  807. 27:07much time versus on Trading View, you
  808. 27:09know, that shit's automatically
  809. 27:10integrated. You literally just press a
  810. 27:12button and then boom, like it's done.
  811. 27:13They already have like the risk
  812. 27:15management tool open on the right hand
  813. 27:16side when you're even thinking of
  814. 27:18placing the trade when you're trading
  815. 27:19futures.
  816. 27:20>> Yeah, I mean for for bullpen we
  817. 27:23implemented implemented hyperl on the
  818. 27:25back end. Um if you wanted to ever just
  819. 27:27test out our platform and see like if it
  820. 27:29is direct onetoone with how you trade on
  821. 27:32whatever you do interactive brokers or
  822. 27:34>> no no I do uh trade station trade
  823. 27:38station. Yeah. A lot of the the same
  824. 27:40things you can do there you can do on
  825. 27:41bullpen. We have pers for stocks. Perks
  826. 27:43for the index, but you said you trade
  827. 27:44mostly the the indices, right?
  828. 27:46>> Yeah. Yes. And NASDAQ.
  829. 27:48>> Yeah. So, we have everything um here.
  830. 27:50We're actually doing a competition next
  831. 27:52week. Um you definitely should sign up
  832. 27:55and join if if you're interested in
  833. 27:56testing out Hyperlid, but it's 25K to
  834. 27:58enter and then the winner gets 100K. So
  835. 28:01we can trade whatever you want that's
  836. 28:03available on like the hyperlquid
  837. 28:05platform which we all have enabled
  838. 28:07crypto indices stocks anything. Um but
  839. 28:09yeah we're doing that next
  840. 28:11>> I need to test it out on my desktop cuz
  841. 28:13when I was doing it on my phone I like
  842. 28:15just gave up immediately. I was like,
  843. 28:16"Bro, dragging this leverage thing is
  844. 28:18going to drive me freaking nuts." And
  845. 28:20having to calculate the the risk on the
  846. 28:23side or like go to a completely
  847. 28:24different browser to calculate risk to
  848. 28:26figure out what x leverage I'm supposed
  849. 28:28to put on this is it's just not going to
  850. 28:31work with my style.
  851. 28:32>> Yeah. No. Yeah. You should I can get you
  852. 28:35all all set up. But um it's you might
  853. 28:37have also tried it out like a lot
  854. 28:39earlier in their in their days. They've
  855. 28:40been made like a lot of improvements to
  856. 28:42the platform and desktop is definitely
  857. 28:43better than than mobile. But we have
  858. 28:45both. Um. Yeah.
  859. 28:48>> So, what's what's what's hot stock stock
  860. 28:50stock narratives? Obviously, obviously
  861. 28:53AI, but um
  862. 28:55>> what are what are you what are you
  863. 28:57looking at right now?
  864. 28:58>> Yeah, I'm looking at um we talked about
  865. 29:00Intel earlier. I think Intel is really
  866. 29:02good. It's up a good amount. I think
  867. 29:03it's going to pull back and consolidate,
  868. 29:05but I think the this year, next year,
  869. 29:08they're going to be one of the core um
  870. 29:10stocks that's going to do well the same
  871. 29:11way that Nvidia did well from 2022 to
  872. 29:14now. So I like Intel a lot. Um we also
  873. 29:16talked about Souls which is like a lower
  874. 29:18key one. This company called Solstice
  875. 29:20Advanced Materials. So they're one of
  876. 29:22the key um parts of the process of
  877. 29:25converting uranium ore to um what you
  878. 29:29need for nuclear power and like as you
  879. 29:32know
  880. 29:32>> Earth those ones are going crazy.
  881. 29:34>> Yeah. Yeah. So they're they're um one of
  882. 29:37the companies involved with that
  883. 29:38solstice. Um, like the US is investing a
  884. 29:41lot into energy, a lot into the grid,
  885. 29:43and we think that's going to be one of
  886. 29:44the areas that catches this AI tailwind
  887. 29:46of momentum that hasn't really moved all
  888. 29:48that much yet. Um, what else have we
  889. 29:50talked about? We talked about MP. That's
  890. 29:52another like rare earth metals company.
  891. 29:55Um,
  892. 29:55>> Trump is looking to close off all those
  893. 29:58ch uh all the connections to China rare
  894. 30:02earth stuff uh January 1st, 2027. So, I
  895. 30:05mean, who knows if that's that's, you
  896. 30:08know, like a buy the rumor, sell the
  897. 30:10news sort of situation. I think that
  898. 30:12it'll probably like price itself in
  899. 30:14before January 1st of 2027. Um, but
  900. 30:18that's that I have the same thesis.
  901. 30:19That's like where my head's at with all
  902. 30:20the rare earth stuff.
  903. 30:21>> It's not even a rumor for this
  904. 30:23specifically because you know how Trump
  905. 30:25bought 10% of Intel.
  906. 30:26>> Yeah. Yeah.
  907. 30:27>> They also bought I think it's 5% of this
  908. 30:30company MP. So, they already have like
  909. 30:31invested in the company and when they
  910. 30:33first invested in it, I think it was
  911. 30:35like
  912. 30:36>> a little late in 2025 and it it moved up
  913. 30:38a lot. Now, it's like consolidated. I
  914. 30:40think it's going to start moving.
  915. 30:41>> MP's chart.
  916. 30:42>> MP. Yeah. Pull it up.
  917. 30:43>> It's a good It's a good chart.
  918. 30:44>> I didn't know that. I didn't know that.
  919. 30:45What else are they [ __ ] buying again?
  920. 30:47Before today, I didn't know the US could
  921. 30:49go buy companies like
  922. 30:50>> Yeah, the [ __ ] is that?
  923. 30:52>> Crazy.
  924. 30:53>> That changes everything.
  925. 30:54>> Yeah, I'll pull I'll pull up the chart.
  926. 30:56It's um Yes, this is the MP chart. Um,
  927. 31:00so I think here was like the original
  928. 31:02announcement in like late mid 2025. It
  929. 31:05went from 15 or like 18 to close to 100,
  930. 31:10tapped 100, and now it's just been
  931. 31:12sitting consolidating over it prior
  932. 31:13alltime highs. I think it's a good spot.
  933. 31:15Um, I agree on the rare earths. Um, the
  934. 31:18US wants to be not relying on China as
  935. 31:19much as we're reliant now because we're
  936. 31:21like so heavily relying on them and
  937. 31:23obviously it's not a great thing. Um, so
  938. 31:24I think the companies that are um
  939. 31:27building and working in this area are
  940. 31:28going to do well. But yeah,
  941. 31:30>> what's the market cap? 10B's.
  942. 31:31>> It's it's low, bro. Yeah, it's 10bs.
  943. 31:34>> How about um how about space? Because
  944. 31:36obviously SpaceX is going to IPO?
  945. 31:39Obviously, Rocket Lab's been going crazy
  946. 31:41and uh Fly Aerospace. Um, you think
  947. 31:44those keep keep going until uh SpaceX
  948. 31:48IPOs and then we get a big push from
  949. 31:51whatever pretty much all space stocks
  950. 31:53once we see the market cap that SpaceX
  951. 31:56IPOs at.
  952. 31:57>> Yeah, actually actually hit Rocket Lab
  953. 31:59really well. I I bought it at like 67
  954. 32:02and sold at like 60 something. Um,
  955. 32:06>> dude, we're [ __ ] ridiculous.
  956. 32:09Ridiculous.
  957. 32:10Yeah. But no, I think Rocket Lab is
  958. 32:12going to do well. I I wish I would have
  959. 32:13re-entered though. Like I That was one
  960. 32:15where I was like, "This [ __ ] 10x. It's
  961. 32:16obviously topped for now." Like, I'm
  962. 32:18going to just exit. It topped and then
  963. 32:19it just kept [ __ ] ripping and it went
  964. 32:21to like 120 or something now. I'm not in
  965. 32:24it right now, but I I agree it's a good
  966. 32:26spot. I think SpaceX the valuation is so
  967. 32:29ridiculous. I think they're trying to
  968. 32:31IPO like 1.8 trillion or some something
  969. 32:34crazy like that. Um, and a lot of the
  970. 32:36other space, I think Firefly is one.
  971. 32:38ASTS is one, Rocket Lab is one. Um, I
  972. 32:42agree with you, they are catching those
  973. 32:43those tail ones, but Rocket Lab is it's
  974. 32:45like far and away the the best um one. I
  975. 32:48think like they're the second biggest
  976. 32:49for sure.
  977. 32:51>> How do you how do you think SpaceX is
  978. 32:52going to trade once once it comes out? I
  979. 32:54think it's going to be like a uh the the
  980. 32:57Pudgy Penguins situation where that [ __ ]
  981. 33:00gets like a spike, comes down, and then
  982. 33:03slowly comes right back on up.
  983. 33:05>> Yeah. I I don't I would be amazed if it
  984. 33:08launches around two two trillion and
  985. 33:10doesn't go down, and then consolidate.
  986. 33:12Like, if it just goes straight to F. I
  987. 33:13would be I'll be [ __ ] amazed if it
  988. 33:15just goes straight to five. Um
  989. 33:17especially because with space and a lot
  990. 33:19of what SpaceX is trying to do, it's not
  991. 33:22like an immediate thing. like they're
  992. 33:23not going to have immediate impact as
  993. 33:25soon as they IPO. I don't think so. I I
  994. 33:27think it's going to be like a slower a
  995. 33:29slower play. I think if SpaceX IPOs,
  996. 33:31anthropic IPOs, Open AI IPOs, that's got
  997. 33:35to put in some kind of local top for
  998. 33:36Marcus. It has to.
  999. 33:38>> It's just too much money.
  1000. 33:39>> So, you got to short the IPO.
  1001. 33:42>> I don't know if I'll I don't know if
  1002. 33:43I'll short.
  1003. 33:44>> Yeah, I wouldn't
  1004. 33:46>> I don't know.
  1005. 33:46>> I wouldn't short that.
  1006. 33:48>> Yeah, it's tricky. That
  1007. 33:49>> I would just I would just say sit on
  1008. 33:51your hands and wait. and see if it gives
  1009. 33:53you like if and see if it goes lower.
  1010. 33:56>> Yeah. The thing with Elon companies is
  1011. 33:58like they they trade off attention a lot
  1012. 34:01like they trade off momentum a lot. Like
  1013. 34:03Tesla, that company did well a lot of
  1014. 34:07like for a lot of the reason before they
  1015. 34:09were actually like selling a lot of cars
  1016. 34:10and doing well like revenue-wise. They
  1017. 34:12did well because of the narrative around
  1018. 34:13EVs and the narrative around the company
  1019. 34:15and Elon doing such a good job of
  1020. 34:17selling them and shilling that. Like so
  1021. 34:19his companies are are tricky because
  1022. 34:21he's such a good marketer of all the
  1023. 34:23stuff that he he works in and he has a
  1024. 34:25really good story and thesis for
  1025. 34:26combining them all together. Like the
  1026. 34:28buy of of Twitter converting that to X
  1027. 34:30is huge I think huge for um his
  1028. 34:34positioning. He's super smart in that
  1029. 34:35way before a lot of other people um can
  1030. 34:37be.
  1031. 34:39>> Do you hold any crypto currently TGR?
  1032. 34:42>> Um all just stables right now. Um, and
  1033. 34:46you know what? I like
  1034. 34:49I got out of all my Bitcoin. I took a
  1035. 34:51loss. Um, I was buying a bunch as it
  1036. 34:55came down to like a 100,000 and as it
  1037. 34:58got into 90.
  1038. 34:59>> You were [ __ ] slamming it, too,
  1039. 35:01right?
  1040. 35:01>> Yeah.
  1041. 35:02>> Talking about the figures.
  1042. 35:04>> Um, I mean, bro, I put in close to like
  1043. 35:091.5 mil. Um,
  1044. 35:14>> bro, like yeah, a lot. Um, but like,
  1045. 35:20yes, I mean, obviously that's that's
  1046. 35:23going to hurt, you know? I'm going to
  1047. 35:25lose six figures on it, but I would
  1048. 35:27rather take I would rather take that
  1049. 35:29loss and allocate that money elsewhere.
  1050. 35:33>> Um, I just
  1051. 35:35>> I remember where I'm at, man. It's not
  1052. 35:38the same, bro. It's just
  1053. 35:39>> I thought it was a good spot. like the
  1054. 35:40where you were buying Bitcoin at. If
  1055. 35:42this was like how crypto traded in 2017,
  1056. 35:45you would have been up like 50% in like
  1057. 35:47a few months.
  1058. 35:47>> I was ready to [ __ ] on everybody.
  1059. 35:49Everyone was talking [ __ ] and I was
  1060. 35:50like, "Oh my gosh, I can't wait for this
  1061. 35:52[ __ ] to go." And then it just didn't.
  1062. 35:53And now I'm like, "Okay, I can't say
  1063. 35:55anything."
  1064. 35:56>> What was the main contributing factor to
  1065. 35:58you making that move to you to you?
  1066. 36:01>> Um,
  1067. 36:03>> slamming 1.5 M into in Bitcoin. Why?
  1068. 36:06>> Well, it was you had to sum it up to one
  1069. 36:08thing. It was dollar cost or it wasn't
  1070. 36:10really like dollar cost average but it
  1071. 36:11was as it kept going down I just kept
  1072. 36:13putting more and more in.
  1073. 36:14>> I saw I remember the tweets and I
  1074. 36:15remember you posting like live posting
  1075. 36:18>> um
  1076. 36:20to be honest I just I I saw those prices
  1077. 36:23and I I thought that we were due for
  1078. 36:26another leg up. Um I also thought that
  1079. 36:30you know even if I were to get in here I
  1080. 36:32can survive the draw down. And then
  1081. 36:35really right around that time was when
  1082. 36:38crypto just kind of fell off a cliff and
  1083. 36:40like stocks just took over. And that's
  1084. 36:44when I was like, "Ah, man. I uh top
  1085. 36:47ticked top ticked longs here."
  1086. 36:50>> I've top ticked a lot of things, bro.
  1087. 36:51It's It's fun. I top ticked a lot of
  1088. 36:53[ __ ] So, you still you still kind of
  1089. 36:54feeling the same way? Sit on your hands,
  1090. 36:56crypto. Ignore it. Focus on what you
  1091. 36:58>> Yeah, I' I've got a bunch of money in in
  1092. 37:00stables right now. And I mean I funny
  1093. 37:03enough I've just been buying um like
  1094. 37:07stupid [ __ ] like just watches. Um and
  1095. 37:09I'm actually up a lot on the watches
  1096. 37:11that I've bought. I'm up o over six
  1097. 37:14figures. So I I've actually made back
  1098. 37:15the money that I lost or made back the
  1099. 37:18majority of the money that I lost um
  1100. 37:20from the Bitcoin from just buying
  1101. 37:23watches with
  1102. 37:24>> my uh watches stable.
  1103. 37:27>> Uh like Richard Mills. Uh, so yeah, I
  1104. 37:30got two 6702s. Those have been going up
  1105. 37:33a lot.
  1106. 37:34>> 6701, baby.
  1107. 37:36>> There you go. We're matching.
  1108. 37:38>> They're the best.
  1109. 37:38>> Um, and then I got this uh white ceramic
  1110. 37:42AP that has gone up uh around like 50 to
  1111. 37:48$70,000. The 6702s are the ones that
  1112. 37:50have gone up a significant amount. Um,
  1113. 37:53>> I think it's RM's best watch. I
  1114. 37:55personally like the 6701 better because
  1115. 37:57it just suits more of my [ __ ] But you
  1116. 38:00>> 702 is like the [ __ ] kind of the holy
  1117. 38:02grail for someone like you, I would say.
  1118. 38:05>> Um Z, do you buy watches? Do you wear
  1119. 38:07watches?
  1120. 38:08>> Bro, I don't buy watches. I don't buy
  1121. 38:09jewelry. I don't do none of that [ __ ] I
  1122. 38:10don't have any tattoos. None of it.
  1123. 38:13>> Tattoo.
  1124. 38:14>> What are you trying to say, bro?
  1125. 38:17>> Bro, [ __ ] have a lot of tattoos.
  1126. 38:19>> I'll say I'll say jewelry. It goes
  1127. 38:20together.
  1128. 38:21>> I'll say jewelry. I'll say I'll I'll
  1129. 38:22I'll agree. I'll concede. tattoos
  1130. 38:24[ __ ] for sure.
  1131. 38:26>> I mean, I don't think I think they're
  1132. 38:27[ __ ] I just don't [ __ ] with them. I
  1133. 38:28just
  1134. 38:29>> two most jewelry [ __ ] Well, there's
  1135. 38:30no like It just doesn't It's a sickness.
  1136. 38:32I'm sick. TJR is sick. We're degenerate.
  1137. 38:35We're [ __ ] we're scum slime to our
  1138. 38:38[ __ ] core, right? Um, but watches
  1139. 38:41though, there's something to watches,
  1140. 38:42bro. There's something to like like like
  1141. 38:44to be said in terms of trading watches.
  1142. 38:46It's honestly fun. Like it's like a I
  1143. 38:48know you weren't really into NFTTS
  1144. 38:49either, so I I guess that part of your
  1145. 38:51brain is just like turned off.
  1146. 38:53>> I mean, bro, I would rather I would
  1147. 38:56rather have
  1148. 38:57>> I could just see like a nice aquinaut.
  1149. 39:00Like you you just scream like
  1150. 39:03>> aquat quiet luxury like like a PC.
  1151. 39:06>> Get an FPJ, bro.
  1152. 39:08>> I've heard of I've heard of that brand.
  1153. 39:10That's like the more uh
  1154. 39:12>> buy a watch, bro. Buy one watch. buying
  1155. 39:15nice. You know, you know who would love
  1156. 39:16to, you know who would love to go
  1157. 39:18shopping for a watch for you? Your girl.
  1158. 39:20And she knows your [ __ ]
  1159. 39:20>> sweat. She tries to get me to. I just
  1160. 39:22got her I got her some [ __ ] But I She
  1161. 39:24tries to get me to uh You know what my
  1162. 39:26take You know what my take on jewelry
  1163. 39:27is?
  1164. 39:29>> I think jewelry is for women. That's my
  1165. 39:30take.
  1166. 39:31>> All right, bro. It's okay. Nah, me and
  1167. 39:34Banks are on the more feminine side.
  1168. 39:35It's cool, bro. It's okay.
  1169. 39:38>> Yeah, dude. That's
  1170. 39:39>> But watch it. No, no. See, see, I
  1171. 39:41actually agree. I tend to agree. I don't
  1172. 39:43wear any jewelry either. I used to wear
  1173. 39:46piercings in my ears. I've kind of
  1174. 39:47abandoned all that. I'll say when I see
  1175. 39:50a girl like I I'll I'll meet girls in LA
  1176. 39:52and the archetype is like rich family or
  1177. 39:56a hooker. Like a right hooker carrying
  1178. 39:59the Birkin done up pretty [ __ ] with
  1179. 40:02like a with if she's wearing a watch
  1180. 40:04it's like 16 Cardier bracelets, 16 Van
  1181. 40:07Clee bracelets. And if a girl has a
  1182. 40:10watch on, that's where you that's where
  1183. 40:11I draw the line. I don't think women
  1184. 40:13look good in watches. I think watches
  1185. 40:15are masculine. Yeah, watches are watches
  1186. 40:17are a guy thing, bro.
  1187. 40:18>> That make that's fair.
  1188. 40:19>> Even just look at how they're designed.
  1189. 40:20Like like like how many Rolexes would
  1190. 40:22look good on a on a woman versus a man,
  1191. 40:24you know? It's like time pieces and cars
  1192. 40:27I feel like are are guy things.
  1193. 40:30>> Yeah.
  1194. 40:30>> Yeah. And they also only attract dudes.
  1195. 40:32Like no girl,
  1196. 40:35>> oh my god.
  1197. 40:37>> And if she does, head for the [ __ ]
  1198. 40:39hills cuz that [ __ ] is a [ __ ]
  1199. 40:41hookie. Exactly. If she knows what a
  1200. 40:43Richard Mill is, you got to run, bro.
  1201. 40:45>> Facts. Facts.
  1202. 40:46>> Yeah. It seems like I mean I do
  1203. 40:47understand watches. Watches make sense
  1204. 40:49because it's kind of like a status
  1205. 40:51symbol for people. Like there's no
  1206. 40:53there's like really easy way if you're
  1207. 40:54in a room with like some important
  1208. 40:55people, important businessman, you have
  1209. 40:57a nice watch on. It's like, oh, what's
  1210. 40:58your like I understand those
  1211. 40:59conversations. That makes sense to me.
  1212. 41:01It seems
  1213. 41:01>> it's a cool way to display taste as
  1214. 41:03well. you know, like it's like it's
  1215. 41:04there aren't many things that you can
  1216. 41:06like invest in or
  1217. 41:07>> you know, like articulate status and
  1218. 41:11like it goes one layer deeper. It's
  1219. 41:12like, oh, this [ __ ] guy knows like,
  1220. 41:14you know, you know,
  1221. 41:14>> like for for me, the way I think about
  1222. 41:16it, would I rather have $300,000 that
  1223. 41:19I'm not using sitting in my bank account
  1224. 41:21or just put it on my wrist? I would
  1225. 41:23rather just put it on my wrist because
  1226. 41:25at least I can wear it um and at least
  1227. 41:27it looks cool to me. And then I'm
  1228. 41:29completely going to sell these things
  1229. 41:31once I'm ready to get get into the
  1230. 41:33market. But at least right now, at least
  1231. 41:36on the crypto side of things, I don't
  1232. 41:38see nothing that speaking to attention
  1233. 41:40and watches, I don't see nothing.
  1234. 41:43>> Speaking to attention watches, did you
  1235. 41:45see the AP thing? The AP swatch thing?
  1236. 41:46It was [ __ ] everywhere. You obviously
  1237. 41:47saw it.
  1238. 41:48>> Yes. Yeah.
  1239. 41:48>> Yeah. Absolutely everywhere.
  1240. 41:51>> Did it happen?
  1241. 41:52>> It went super viral. No, but I think
  1242. 41:53they um I think they dropped the uh
  1243. 41:56We're not
  1244. 41:57>> Yeah, it's like it's a pocket watch.
  1245. 41:59It's It dangles from like a keychain. It
  1246. 42:00looks like a air tag. It's It's like an
  1247. 42:03air tag. Um
  1248. 42:04>> we'll watch this.
  1249. 42:06This is it, right?
  1250. 42:08>> Yeah, I think
  1251. 42:14>> that one's hard, bro. That [ __ ] is not
  1252. 42:17hard, bro. H I That's the type of [ __ ]
  1253. 42:21that you're going to see like these
  1254. 42:23ancient
  1255. 42:24>> this [ __ ] is ugly. That this [ __ ] is
  1256. 42:26This Arizona iced tea ass watch is
  1257. 42:28[ __ ] hideous.
  1258. 42:29>> This is Bro, you're about to see high
  1259. 42:30schoolers rock rocking these shits, bro.
  1260. 42:32>> That shit's going to be hanging from a
  1261. 42:33keychain. I'm going TO BUY LIKE 10 OF
  1262. 42:35THEM by way. That's why it's genius. I
  1263. 42:38saw people [ __ ] all over this. I saw
  1264. 42:40[ __ ] people and I think it's a really
  1265. 42:41[ __ ] take to be like, I'm selling my
  1266. 42:43AP because now the barrier to entry yada
  1267. 42:45yada. We've seen this and most of the
  1268. 42:48time when it's done the right way. I
  1269. 42:49don't know if this is done the right or
  1270. 42:50the wrong way. I think them not making a
  1271. 42:52wristwatch is the move. Um that keeps
  1272. 42:54like that in its own separate class, but
  1273. 42:56like we saw Off-White and Nike do a
  1274. 42:59collab to great success. We saw Louis
  1275. 43:01Vuitton and Supreme do a collab to great
  1276. 43:03success. These are brands that are on
  1277. 43:05significantly different levels. um you
  1278. 43:08know and they they traded they they they
  1279. 43:09they they delivered a product for
  1280. 43:12somebody that was outside of their you
  1281. 43:13know typical like ecosystem and and
  1282. 43:15outside of their typical customer to
  1283. 43:17great success. Like these are some of
  1284. 43:18the more um success like Porsche did a
  1285. 43:21Lego collab before and like the
  1286. 43:23psychology of that it makes sense. It's
  1287. 43:24like and I'm sure the Porsche Lego
  1288. 43:26collab trades very well past you know
  1289. 43:29what whatever it was released for retail
  1290. 43:30but like you put a [ __ ] Porsche Lego
  1291. 43:33in front of like a 12-year-old kid and
  1292. 43:35he loves it and he's obsessed with it.
  1293. 43:36the rest of his life he wants the real
  1294. 43:37thing.
  1295. 43:38>> That's true.
  1296. 43:38>> You know, I can see that.
  1297. 43:39>> I feel like I feel like that's kind of
  1298. 43:41along the lines. I don't think it's a
  1299. 43:42bad thing. I think if like now there's a
  1300. 43:44[ __ ] real like like it's a realistic
  1301. 43:46goal for some kid in high school to go
  1302. 43:48buy a [ __ ] $1,500 AP and throw that
  1303. 43:51[ __ ] on his backpack and it doesn't mean
  1304. 43:53[ __ ] to us because we're millionaires,
  1305. 43:54right? And we're [ __ ] adults. But
  1306. 43:56like for him it's like holy [ __ ] And
  1307. 43:58now in his mind he's like I got to work
  1308. 44:00my ass off for the next 10 years so I
  1309. 44:01can go buy the real thing. I don't know.
  1310. 44:04>> Yeah. Yeah,
  1311. 44:04>> I think it's genius level marketing.
  1312. 44:06Also, the entire episode the the entire
  1313. 44:09episode's been about attention. That was
  1314. 44:10one of the biggest things that happened
  1315. 44:11on the timeline this whole [ __ ] year,
  1316. 44:14which I can't believe that. Like,
  1317. 44:16>> that's crazy.
  1318. 44:17>> Yeah.
  1319. 44:18>> Um my my question I have a question for
  1320. 44:21you guys and um so obviously you guys
  1321. 44:24have have this show which is great. Um,
  1322. 44:27I think streaming is the best form of
  1323. 44:29content because you can break it down
  1324. 44:31into a long form YouTube video and then
  1325. 44:33also into short form clips. How are you
  1326. 44:35guys prioritizing like the marketing and
  1327. 44:37trying to just mass push this out to as
  1328. 44:40many people as possible?
  1329. 44:42>> We're starting to have more
  1330. 44:43conversations about that. Obviously, I
  1331. 44:44know more than the average bear about
  1332. 44:46like clipping and distributing content.
  1333. 44:48That's like my my whole [ __ ] lane.
  1334. 44:49That's I feel like where I'm actually
  1335. 44:51pulling my weight in the show and kind
  1336. 44:52of building up this IP. To tell you the
  1337. 44:54truth, the first several episodes,
  1338. 44:56obviously we're only on episode three.
  1339. 44:58So, like I'm kind of rolling off the
  1340. 45:00couch in the regards of like being on
  1341. 45:01content actively. I feel like I'm a
  1342. 45:03natural for it. Um, and again, I'm like
  1343. 45:05I'm walking the walk. Like we preach
  1344. 45:07make money, command attention, AI
  1345. 45:08literacy. And like I haven't taken a a
  1346. 45:11serious swing at making any sort of
  1347. 45:13meaningful content or creating any sort
  1348. 45:15of content IP or consistently doing
  1349. 45:17anything in content for myself as banks
  1350. 45:20in [ __ ] like seven years. And I'm
  1351. 45:22doing it now, you know? And I'm doing
  1352. 45:23it, you know, at a lower point in like
  1353. 45:26my career in terms of general narrative
  1354. 45:27and sentiment. And I'm doing it for like
  1355. 45:29a niche, a very small niche audience,
  1356. 45:31right? Like this show is definitely not
  1357. 45:32for everybody. And the barrier to entry
  1358. 45:34and the filter is going to be for every
  1359. 45:36[ __ ] thousand people that click on
  1360. 45:38this stream or or or tune into this
  1361. 45:40show, I expect, you know, 10 to stick
  1362. 45:42around maybe. Um, so just establishing
  1363. 45:45that, like building rapport with Z. Z's
  1364. 45:47never done content like this in his
  1365. 45:48life, right? He's done a couple of
  1366. 45:49streams, but like this type of format,
  1367. 45:52I've been pilling this [ __ ] on
  1368. 45:53doing content since I met him. I've been
  1369. 45:56singing I've been singing from the
  1370. 45:57rooftop like, "Yo, more of you guys need
  1371. 45:59to make [ __ ] videos and thread guy,
  1372. 46:01why the [ __ ] are you in Twitter spaces,
  1373. 46:03bro? Get your ass on Twitch." And now
  1374. 46:04he's on Twitch, right? Years later. And
  1375. 46:06I was, you know, like it was looked at
  1376. 46:08and perceived and I feel like I was
  1377. 46:10misunderstood in a lot of areas. Like
  1378. 46:11when when I did the Haley Welch podcast,
  1379. 46:13really all I'm thinking is like somebody
  1380. 46:16needs to [ __ ] you know, do do this.
  1381. 46:18Like somebody needs to make make the
  1382. 46:20content. Like I always have these
  1383. 46:21visions of like passing it off to Thread
  1384. 46:23or so and so or whatever. And that's why
  1385. 46:25that was one of our earlier
  1386. 46:26conversations. TJR, you were in our
  1387. 46:27crib. I came out to the living room, you
  1388. 46:29were there, and we sat and talked about
  1389. 46:31this subject for forever. I think like I
  1390. 46:35don't know. I just think there's a huge
  1391. 46:36demand again for like playing the game
  1392. 46:39in, you know, this meta like like 2026,
  1393. 46:42what content looks like, what the
  1394. 46:43overwhelming demand. You talked about
  1395. 46:45it, you spoke about it right when you
  1396. 46:46came on the show, like packaging it and
  1397. 46:48presenting it in a palpable way to the
  1398. 46:50average [ __ ] viewer and and like
  1399. 46:52giving your I don't know. That's
  1400. 46:54>> Yeah, I think I think I I would like to
  1401. 46:57say I think you had like a slight
  1402. 46:58limiting belief there where you said,
  1403. 47:00you know, maybe this stream isn't for
  1404. 47:02everybody. I think that this stream can
  1405. 47:03be for everybody. Um,
  1406. 47:05>> that's the goal. That's the goal is to
  1407. 47:07appeal appeal to as many people as
  1408. 47:08possible. Me to play the, you know, the
  1409. 47:10layman. And I can like I can hang in
  1410. 47:12conversations about markets and trading
  1411. 47:14and things like that, but Z will go on a
  1412. 47:16[ __ ] fiveminute monologue on some
  1413. 47:18[ __ ] big brain 200 IQ [ __ ] and I'll
  1414. 47:20have to pause and be like, wait, what's
  1415. 47:22inference? You know, and I feel like
  1416. 47:23that's valuable to the average user,
  1417. 47:26whereas like Z's typically Z's used to
  1418. 47:28talking to [ __ ] people who know all
  1419. 47:30this [ __ ] words on a screen, Twitter,
  1420. 47:32you know what I mean? It's a it's a much
  1421. 47:34different,
  1422. 47:34>> you know, it's a to rather than [ __ ]
  1423. 47:37>> Yeah.
  1424. 47:39>> Yeah. My my driver I've like I've always
  1425. 47:41been a solo operator to be honest. Like
  1426. 47:43my entire life, high school, college, I
  1427. 47:45was like the kid who was a nerd. Um I
  1428. 47:48played sports growing up. I was like
  1429. 47:49good at sports, but I wasn't really that
  1430. 47:51active on like the social side until
  1431. 47:53college and after college. Um so I was
  1432. 47:56never trying
  1433. 47:56>> of nature 66. I I hope you
  1434. 47:59>> Yeah. You know what's funny, bro? I was
  1435. 48:01I was like 6 I was 62 160 senior year of
  1436. 48:05high school and then I [ __ ] 6 feet
  1437. 48:07>> shot up in in college, bro.
  1438. 48:09>> Same. I was a late bloomer, too. That's
  1439. 48:10crazy.
  1440. 48:11>> Wow. So, we're all just enormous in this
  1441. 48:14>> We're at least 667.
  1442. 48:16>> You said it on me. You said it on me.
  1443. 48:18Wait, how tall are you? We're the same
  1444. 48:19height.
  1445. 48:20>> Yeah. Yeah. Same height. Like 65.
  1446. 48:22>> 6'5. Yeah. And Z's 66. Have you guys
  1447. 48:24never met?
  1448. 48:24>> I don't.
  1449. 48:25>> No, not in person. Not in person.
  1450. 48:26>> Well, you guys got a link. That's crazy.
  1451. 48:28>> Yeah, we do got a link. But yeah, my uh
  1452. 48:30my thoughts around content is like I
  1453. 48:32never really planned for my account to
  1454. 48:34blow up. I was just sharing the
  1455. 48:35information as I was researching, as I
  1456. 48:36was trading. I got a lot of followers
  1457. 48:38because people were tailing a lot of the
  1458. 48:40trades I was talking about like, "Yo,
  1459. 48:41this dude knows what he's talking
  1460. 48:42about." So, I got amplified in that way.
  1461. 48:43And now once I have the platform, I'm
  1462. 48:46like, "Okay, it makes sense to at least
  1463. 48:48do something with it." I've always been
  1464. 48:49super lazy on content to be honest.
  1465. 48:51Like, I tweet. It's easy to just shoot
  1466. 48:53out tweets as I as it comes to me. Easy
  1467. 48:54just put out information or trades that
  1468. 48:56I'm taking. Um, but it takes a lot more
  1469. 48:58effort to do streaming, to like prepare
  1470. 49:00for shows, to like write long form
  1471. 49:02stuff. So, what I want to do like with
  1472. 49:05the platform that I have is teach people
  1473. 49:07one, how to be better traders, how to
  1474. 49:09learn how to trade, and then two, like
  1475. 49:11how to prepare themselves for what's
  1476. 49:14coming in the future. Cuz I was lucky in
  1477. 49:16that I caught crypto early in 2017. Um,
  1478. 49:19I learned about in 2016 and started
  1479. 49:21buying in 2017. I feel like AI is in a
  1480. 49:23very similar spot to crypto in 2017
  1481. 49:26right now. Like, yeah, it just popped
  1482. 49:28off in 2022, but the way that it's
  1483. 49:31accelerating and how fast all the models
  1484. 49:33and how much the models are getting
  1485. 49:34faster and better and easier for people
  1486. 49:37to use and actually like implement at
  1487. 49:39their companies and in their
  1488. 49:40professional lives, you want to be
  1489. 49:41prepared for that. Um, and so like my
  1490. 49:43whole thing with this show is like those
  1491. 49:45those two areas to be like help people
  1492. 49:47in that So, so right now high high
  1493. 49:50school kid that just got out of high
  1494. 49:51school and he says, "Man, [ __ ] college.
  1495. 49:53I don't want to do this with my life and
  1496. 49:55I just I just heard this from you." What
  1497. 49:57is some something that that person can
  1498. 49:59be doing actively right now to actually
  1499. 50:02take advantage of this new wave of AI
  1500. 50:04like how you did with crypto?
  1501. 50:07>> Yeah, I would say that the first thing
  1502. 50:08is to just get familiar with using AI
  1503. 50:11every day. Um, I think that there are a
  1504. 50:15ton of opportunities that are going to
  1505. 50:17pop up for
  1506. 50:20like businesses who haven't optimized
  1507. 50:22their workflows. I think they're going
  1508. 50:24to be able to use AI to make them a lot
  1509. 50:26more efficient. But the thing is, a lot
  1510. 50:28of these businesses are going to be uh
  1511. 50:30run by like older people who aren't at
  1512. 50:32the forefront of this technology. So, if
  1513. 50:33you're a younger kid um who is getting
  1514. 50:35used to using AI, um you're going to be
  1515. 50:38you're essentially like the first people
  1516. 50:40who were using the internet. Um so you
  1517. 50:42want to think about it in that way. I
  1518. 50:44think also with trading it's like even
  1519. 50:45if you don't have a job that's directly
  1520. 50:48benefiting from AI knowing um how to in
  1521. 50:51learning how to invest your capital and
  1522. 50:52learning how to invest your money. I
  1523. 50:54think in the future trading is going to
  1524. 50:55be one of the most popular professions
  1525. 50:57actually like I think everybody is going
  1526. 51:00to be some kind of a trader because AI
  1527. 51:02is going to change what the workforce
  1528. 51:04looks like so substantially. Um, and a
  1529. 51:06lot of the ways for people to leaprog
  1530. 51:09like wealth tiers is going to be
  1531. 51:10investing in like the companies that do
  1532. 51:12really well. Um,
  1533. 51:13>> but Chris Camil was talking about
  1534. 51:14democratizing trading, right?
  1535. 51:16>> It's it's it's definitely going to be a
  1536. 51:18thing. Um, yeah. I I don't know exactly
  1537. 51:20what areas I would say to focus on
  1538. 51:22business-wise. Um, I know you're on [ __ ]
  1539. 51:25You're on [ __ ] right?
  1540. 51:26>> Yeah. I I think [ __ ] is like honestly one
  1541. 51:29of the like companies that's going to do
  1542. 51:32really well over the next few years
  1543. 51:33because what [ __ ] does um [ __ ] enables
  1544. 51:36entrepreneurs to sell what their
  1545. 51:37expertise is directly on their platform
  1546. 51:39no matter what it is. So if you're
  1547. 51:40expert in trading, if you're expert in
  1548. 51:42cooking, if you're an expert in
  1549. 51:43gardening, if you're an expert in
  1550. 51:44whatever it is, they allow you to
  1551. 51:46package your content and sell it to
  1552. 51:48people um and engage with your community
  1553. 51:51in that way. So I think we've talked
  1554. 51:53about attention a lot. We've talked
  1555. 51:54about AI a lot. Like if you have no
  1556. 51:57other skills, if you are able to get
  1557. 52:00good on social media garnering attention
  1558. 52:02and then figure out something that you
  1559. 52:04can become an expert in and use AI to
  1560. 52:06help yourself become an expert in that,
  1561. 52:07you can literally can combine those two
  1562. 52:09things to build your own business,
  1563. 52:10whatever it is.
  1564. 52:11>> I agree with everything that you just
  1565. 52:13said. I'll even take it a step further
  1566. 52:14and just kind of kind of um tail that
  1567. 52:17and say if you're truly starting at zero
  1568. 52:20clean foundation and you're not good at
  1569. 52:22anything or you have no skills, just
  1570. 52:24focus on something you're obsessed with
  1571. 52:26or just genuinely interested in because
  1572. 52:28again like Z said, this is the internet
  1573. 52:30happening all over again. So the odds
  1574. 52:32are there is an opportunity for you to
  1575. 52:33pair
  1576. 52:34>> an interest that you have. First of all,
  1577. 52:36you're going to just retain information
  1578. 52:37about this, learn it at a quicker rate,
  1579. 52:39and just naturally get better at
  1580. 52:41something you're overly obsessed with,
  1581. 52:42obviously, right? You pair that with AI
  1582. 52:44and you're spending six hours a day
  1583. 52:46understanding and learning how to use AI
  1584. 52:48and how to apply that to existing, you
  1585. 52:50know, business um and markets. Like,
  1586. 52:52that's that's where I would be if I was
  1587. 52:54graduating high school. Definitely
  1588. 52:55wouldn't be going to college. I think
  1589. 52:56that's the first, you know, big brain
  1590. 52:58step out. I think the most dangerous
  1591. 53:00piece though where a lot of like young
  1592. 53:02people I think are getting stuck in like
  1593. 53:04the glue trap is the attention piece
  1594. 53:06because this is what's like this is
  1595. 53:09what's keeping the youth connected today
  1596. 53:11is Twitter and clips and that culture
  1597. 53:13like internet culture and a lot of it is
  1598. 53:15[ __ ] absolute garbage. Like it's
  1599. 53:17absolute trash and it's designed to just
  1600. 53:19keep you on it's designed to keep you
  1601. 53:21away from each other. And it's it's
  1602. 53:23designed to keep you on your [ __ ]
  1603. 53:24phone doom scrolling and and consuming
  1604. 53:26[ __ ] fast food brain rot shitty
  1605. 53:29content. I think being intentional with
  1606. 53:30what you're watching is really important
  1607. 53:33and being mindful of that and holding
  1608. 53:34yourself accountable and just being
  1609. 53:36healthy, you know, mentally healthy. Um
  1610. 53:38and being aware. I like the uh we've
  1611. 53:41talked a little bit about like searching
  1612. 53:42versus scrolling.
  1613. 53:44>> Yeah.
  1614. 53:44>> Be a searcher. Don't be a scroller. You
  1615. 53:46know, if you find yourself kind of
  1616. 53:47mindlessly scrolling [ __ ] and you're w
  1617. 53:49and you get to the area of the internet
  1618. 53:50where you're watching [ __ ] you know,
  1619. 53:52strawberries gang banging a banana, it's
  1620. 53:54like, all right, maybe close the app,
  1621. 53:56take a deep breath.
  1622. 53:56>> So, you saw that same video. You saw
  1623. 53:59that same [ __ ] bro. Cuz I seen that
  1624. 54:01one. I seen it.
  1625. 54:03>> Go for a walk. But yeah, essentially
  1626. 54:04what we're saying essentially what we're
  1627. 54:05saying is is again what the entire show
  1628. 54:07is about, and that's money, attention,
  1629. 54:10and AI. Um, obviously the through line
  1630. 54:12and the foundation, the most important
  1631. 54:14thing above all else is just your
  1632. 54:16health. I think being dialed physically
  1633. 54:18healthy. We have more resources today to
  1634. 54:21keep yourself dialed [ __ ] you know,
  1635. 54:23peptides and GLP1s and all this [ __ ]
  1636. 54:25crazy information. And, you know, it's
  1637. 54:27it's easier to eat healthy and be
  1638. 54:29healthy healthier than ever, keeping
  1639. 54:31your mind right. Um, ultimately, invest
  1640. 54:34in yourself. It's the tagline of the
  1641. 54:35whole show. It's the whole [ __ ] idea.
  1642. 54:37It's the whole point of the show. Invest
  1643. 54:38in yourself. I think there's a lot of
  1644. 54:40noise happening. I don't know. I've kind
  1645. 54:42of always run my own life in in a manner
  1646. 54:44where I just feel like the average
  1647. 54:46person is broke, [ __ ] and unhappy.
  1648. 54:52So, if you just like I know I'm
  1649. 54:54oversimplifying it, but if you just do
  1650. 54:55the opposite of what most people are
  1651. 54:57doing, again, most people broke,
  1652. 54:59[ __ ] unhappy. So, you do the
  1653. 55:01opposite and you wind up rich, looking
  1654. 55:05at least maybe smart and happy, you
  1655. 55:09know, like I don't know. Um, it's kind
  1656. 55:11of the gist. I know I'm oversimplifying
  1657. 55:13it. That's [ __ ] left curve [ __ ]
  1658. 55:15statement, whatever. But,
  1659. 55:17>> no, I think that's true. I think a lot
  1660. 55:19of people if their life sucks right now,
  1661. 55:21you know, it's very like the the
  1662. 55:24solution to every question is just by
  1663. 55:25flipping the qu question upside down.
  1664. 55:27You know, just do a complete 180. If
  1665. 55:29your life sucks right now, do the
  1666. 55:30opposite of what you're doing right now.
  1667. 55:31And odds are you'll probably end up
  1668. 55:33enjoying what you're doing a lot more
  1669. 55:34and you'll probably find some success.
  1670. 55:36>> Amen, brother. And again, for what it's
  1671. 55:38worth, I think that while it's scary
  1672. 55:41times and it's a very scary spot to be
  1673. 55:44in, you know, young person, you don't
  1674. 55:47really have access to anything. Your
  1675. 55:48parents aren't rich. Um, it is a little
  1676. 55:51bit of a scary spot, but at the same
  1677. 55:52time, in the same breath, I'll say I
  1678. 55:54don't think there's ever been a time in
  1679. 55:55human history where it's a better time
  1680. 55:57to have nothing to do or to have a clean
  1681. 55:59slate or to just be starting your life.
  1682. 56:01Like,
  1683. 56:02>> most opportunity. For sure,
  1684. 56:03>> bro. You're 18 years old. You're 17, 18
  1685. 56:05years old right now. You are the
  1686. 56:06luckiest person that's ever existed on
  1687. 56:08Earth. And that's just the truth.
  1688. 56:09>> Yeah, for sure.
  1689. 56:11>> In human history. I agree.
  1690. 56:12>> Because what the internet did to to
  1691. 56:14society and culture and business, how it
  1692. 56:16affected every single market. It'd be
  1693. 56:18such a silly thing today to say, "I
  1694. 56:20don't use the internet or I'm opting
  1695. 56:21out. Like, my business doesn't use it."
  1696. 56:22It's like such a [ __ ] thing to say.
  1697. 56:24It's like, and before that it was
  1698. 56:25electricity. I don't use electricity.
  1699. 56:26It's like, "Okay, pal. Like, we'll see
  1700. 56:28you in [ __ ] we'll see you in a few
  1701. 56:29years." It's like the same thing now
  1702. 56:31with AI, but I think I think it's going
  1703. 56:33to, you know,
  1704. 56:36unfathomable the way it's going to
  1705. 56:37change everything, you know?
  1706. 56:39>> Yeah.
  1707. 56:40>> Internet.
  1708. 56:41>> I I have a little conspiracy theory and
  1709. 56:43I want to I want to hear your guys'
  1710. 56:45takes on this. So I have a theory that
  1711. 56:48when we created AI, we essentially
  1712. 56:51created a new species and that species
  1713. 56:55is far more intelligent. And I think
  1714. 56:59eventually once we give because right
  1715. 57:01now it's just in a computer. Once we
  1716. 57:03give this new species limbs and the
  1717. 57:07ability to be able to run all of these
  1718. 57:09businesses like we're like we're trying
  1719. 57:11to do um it's going to quickly realize
  1720. 57:14how useless humans are.
  1721. 57:16>> Have you ever seen this YouTube channel?
  1722. 57:20>> Uh let me sorry I'm on the
  1723. 57:22>> Z. Have you have you seen this? I know
  1724. 57:24I've referenced it a couple times.
  1725. 57:25>> No, I haven't. It's it's literally
  1726. 57:26called species AI news documenting AGI
  1727. 57:29and it has like a show goth as like the
  1728. 57:31the picture and this guy does really
  1729. 57:33like deep articulate like videos on like
  1730. 57:37it begins AI literally attempted murder
  1731. 57:40realistic scenarios for AI takeover AI
  1732. 57:422027. This one's my favorite. Highly
  1733. 57:44suggest this video. MIT explains 12
  1734. 57:46possible endings for AI. And it's
  1735. 57:48essentially
  1736. 57:49>> Hey everybody.
  1737. 57:50>> I did not mean to click that. It's
  1738. 57:51essentially um what you're saying
  1739. 57:53though. Yeah, we did. We we have created
  1740. 57:55a brand new species and it's um
  1741. 57:58>> and it's it's definitely going to
  1742. 58:00supersede us across the board. Again, I
  1743. 58:02think on an unfathomable level again,
  1744. 58:04long-term optimistic like I think that
  1745. 58:06AI over the course of enough time makes
  1746. 58:08everything free, cures cancer, you know,
  1747. 58:12extends human life expectancy to [ __ ]
  1748. 58:14500 years plus, maybe forever. Um the
  1749. 58:18the scary thing is though is like what
  1750. 58:21happens when AI
  1751. 58:24has its own interests, its own biases,
  1752. 58:26and sets its own goals. That's the
  1753. 58:28biggest thing. Like that is the scariest
  1754. 58:30piece because tricky
  1755. 58:31>> we share a planet with a lot of [ __ ]
  1756. 58:33different animals and different species,
  1757. 58:34right? We're the number one when if
  1758. 58:36you're looking at the the the Earth's
  1759. 58:38pyramid. Humans are obviously at the
  1760. 58:39top. And none of us have most of us 99%
  1761. 58:43of people don't have a leaning sparking
  1762. 58:45interest in killing squirrels. But if we
  1763. 58:47want to build a [ __ ] city in the
  1764. 58:48forest, nothing's going to stop us from
  1765. 58:50doing that. That is our goal. And
  1766. 58:52unfortunately, you know, a couple
  1767. 58:54squirrels are going to die in the
  1768. 58:56process. And it's that simple. We don't
  1769. 58:57really think much about that, right?
  1770. 58:59>> Yeah. Yeah. It's kind of scary. That's
  1771. 59:01like if you think out like hundred years
  1772. 59:03or whatever, I I think that is kind of
  1773. 59:05kind of what you can't even prepare for
  1774. 59:07to be honest. Unfathomable.
  1775. 59:09>> I hope I'm in the ground by the time
  1776. 59:11that goes. This is why it's going to
  1777. 59:13happen, bro.
  1778. 59:13>> We're in the cloud. [ __ ] the ground. I
  1779. 59:15want to be in the cloud. This is why
  1780. 59:17Elon hit me live on stream.
  1781. 59:20>> This is why you say thank you to every
  1782. 59:21every uh every time you use chat, you
  1783. 59:23say thank you at the end.
  1784. 59:24>> Sam Alman, I keep begging people to
  1785. 59:26stop. It's costing them millions and
  1786. 59:27millions of dollars. Every time you say
  1787. 59:29I do, too, though. I say thank you
  1788. 59:30please.
  1789. 59:32>> I think one one area we haven't
  1790. 59:33>> I'm not say that. Sorry. I do not say
  1791. 59:36that. I'm the first one to go out of out
  1792. 59:38of us three.
  1793. 59:39>> Tell you I think one area we we haven't
  1794. 59:41really talked about like that we is
  1795. 59:43probably under discussed actually like
  1796. 59:45the bluecollar jobs like electrician,
  1797. 59:48plumbers, all of that I think are
  1798. 59:49actually going to be super important and
  1799. 59:51more important like over the next few
  1800. 59:53years. like people kind of be have a
  1801. 59:55negative I think perception of some of
  1802. 59:57these like blueco collar jobs but
  1803. 59:59actually going to be super um super
  1804. 1:00:00important and are also going to be a lot
  1805. 1:00:02harder to replace than a lot of the like
  1806. 1:00:04white collar software stuff. So that's
  1807. 1:00:06really um an interesting area also I
  1808. 1:00:08think.
  1809. 1:00:08>> Yeah. Those are the first to go
  1810. 1:00:09obviously, right? The accountants, the
  1811. 1:00:11[ __ ] lawyers, like anything that
  1812. 1:00:12requires using your brain because just
  1813. 1:00:14the truth is is Claude is smarter than
  1814. 1:00:15you. Like it's that simple
  1815. 1:00:17>> already. Blue collar bull run.
  1816. 1:00:19>> Blue collar bun.
  1817. 1:00:20>> Bluear bull.
  1818. 1:00:21>> What is that? What is that? Uh what's
  1819. 1:00:22the degree for your like damn there's
  1820. 1:00:24What's the word for vocational? Is
  1821. 1:00:26vocational the word? I think like
  1822. 1:00:29vocational. That is the word, right? I'm
  1823. 1:00:30tripping.
  1824. 1:00:31>> No,
  1825. 1:00:32>> you're talking to an idiot, bro. I'm I
  1826. 1:00:36>> Dude, I can't wait to have S off screen.
  1827. 1:00:39S off screen. Next episode's going to be
  1828. 1:00:40great. What was my word? What was my
  1829. 1:00:42word today?
  1830. 1:00:42>> You said anecdote.
  1831. 1:00:44>> Yeah. Anecdote. Anecdote. Jesus Christ.
  1832. 1:00:47Um TJR, let's give you like a minute to
  1833. 1:00:49talk about whatever you want to talk
  1834. 1:00:50about. Plug whatever you want to plug.
  1835. 1:00:51I'm going to take my literal 35th piss
  1836. 1:00:53of the episode and then we'll we'll
  1837. 1:00:55bring on Tristan Thompson.
  1838. 1:00:57>> Nice. I'm the same way. I peed literally
  1839. 1:00:59like 20 times when I'm streaming in the
  1840. 1:01:02morning. I have nothing to plug, bro.
  1841. 1:01:04Oh, go. Well, no. This is a great
  1842. 1:01:06opportunity. Yes. Um I we're doing uh me
  1843. 1:01:10and my business partner, we have a
  1844. 1:01:12clothing brand and we're doing a drop.
  1845. 1:01:13Um we actually haven't announced when
  1846. 1:01:15the drop is, but we're announcing it in
  1847. 1:01:17like two days, but it's going to happen
  1848. 1:01:19this month, very, very soon. Um and a
  1849. 1:01:22lot of people on uh Twitter and within
  1850. 1:01:24the space already wear it, and we sell
  1851. 1:01:26out literally every single time within
  1852. 1:01:28the span of like under an hour. So, if
  1853. 1:01:31you guys want to get your hands on that,
  1854. 1:01:33um, the brand's name is Killtech. So,
  1855. 1:01:36there you go.
  1856. 1:01:37>> Can I get a Can I get a free shirt, bro?
  1857. 1:01:39A Kiltech shirt?
  1858. 1:01:40>> Yeah, bro. Yeah, I'll send you um I'll
  1859. 1:01:41I'll send you all the the lookbook for
  1860. 1:01:44this capsule and then whatever. I'll
  1861. 1:01:46send you everything.
  1862. 1:01:47>> Fire, fire, fire, fire. Yeah, I need
  1863. 1:01:48some I need some new merch. Need some
  1864. 1:01:50gear.
  1865. 1:01:51>> So, what do you do in New York?
  1866. 1:01:54>> Like, what's your typical dayto-day?
  1867. 1:01:56>> What's my typical dayto day? Well, like
  1868. 1:01:59I'm like, "Yo, I I also have kids, so
  1869. 1:02:01like my day is like slightly different."
  1870. 1:02:04>> That's also part of the reason why I'm
  1871. 1:02:05not I'm not leaving New York. But um
  1872. 1:02:07>> I mean there's there's infinite things
  1873. 1:02:09to do here, man. I mean uh I think a lot
  1874. 1:02:11of there's a lot of the crypto community
  1875. 1:02:13is here. Like a lot of people have moved
  1876. 1:02:14here. Like a lot of people are downtown.
  1877. 1:02:16A lot of people are in um downtown BK as
  1878. 1:02:19well. But a lot of my time is at my
  1879. 1:02:20desk. Like I'm I'm trading, working um
  1880. 1:02:23and then whenever I want to go out in
  1881. 1:02:25the city, I spend time doing that. But
  1882. 1:02:27yeah.
  1883. 1:02:29>> Okay. Word. So you you you pretty much
  1884. 1:02:31you chill you chill at home for the most
  1885. 1:02:32part.
  1886. 1:02:33>> I be chilling most of the time, bro.
  1887. 1:02:35>> Be chilling.
  1888. 1:02:38>> TJR, I expect to have you on many more
  1889. 1:02:39times. Love talking to you.
  1890. 1:02:41>> Hell yeah. Yeah. No, I appreciate it,
  1891. 1:02:43boys.
  1892. 1:02:43>> I want to end on this note. We we we've
  1893. 1:02:45talked about like I I think what's next
  1894. 1:02:47for content finance,
  1895. 1:02:50this type of this type of content and
  1896. 1:02:52style of content, category of content. I
  1897. 1:02:55think um just like I don't know again
  1898. 1:02:58thinking in line of thinking in terms of
  1899. 1:03:00like how can we be as entertaining as
  1900. 1:03:02possible how can we be as engaging as
  1901. 1:03:04possible and I don't think anybody
  1902. 1:03:06solved like live investing yet but like
  1903. 1:03:08think Shark Tank style or like we talked
  1904. 1:03:12about the fund thing like like we didn't
  1905. 1:03:14get get a chance to talk about this on
  1906. 1:03:15this show but like hey how can we align
  1907. 1:03:17interest and like make investments
  1908. 1:03:18together and be a little bit more like
  1909. 1:03:20transparent about that or like take that
  1910. 1:03:23approach and kind of allow people follow
  1911. 1:03:25that um and create content around that
  1912. 1:03:27and have you know a [ __ ] rap round
  1913. 1:03:29[ __ ]
  1914. 1:03:31>> round robin
  1915. 1:03:32>> whatever whatever the [ __ ] I'm talking
  1916. 1:03:34about. I don't know. Yeah. Um really
  1917. 1:03:36happy to have you on. Is Tristan ready
  1918. 1:03:37to go?
  1919. 1:03:38>> Yeah.
  1920. 1:03:39>> TJ, you're the [ __ ] goat. We
  1921. 1:03:40appreciate you.
  1922. 1:03:41>> I love you, brother. Thank you. Come
  1923. 1:03:42back.
  1924. 1:03:43>> Appreciate it, boys. Thank you for
  1925. 1:03:44having me.
  1926. 1:03:44>> Thanks for the little money glitch.
  1927. 1:03:46>> Of course. Yeah. Yo, slam that [ __ ] I'm
  1928. 1:03:48slamming that [ __ ] right now.
  1929. 1:03:51Traded on Poly Market. Yeah. All right.
  1930. 1:03:53Cool. Peace.

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