F*CK - DON'T WATCH - i got reamed, creamed, and edged
FULL TRANSCRIPT
[Music]
this some [ __ ] this is going to be a
get real with Kevin video I'm going to
go through what the hell just happened
and why this is going into a dirty old
coffee mug then after I briefly discuss
that I'll go through the day news over
the last couple days here of research
because there's a lot to catch up
on but first
cheers that tastes terrible I think
there's some like residual coffee at the
bottom freaking
sucks a little
pissed Capri Sun is a
chaser all right why am I so freaking
pissed this is going to sounds so
we had our first red day today and it
was a big drop on the right side I'm
pissed I have
to and like the account is still up like
$469,000 46 like who comes with that I
should be happy but I'm not because of
the psychology of trading you can never
win now it's okay
I actually know exactly what happened
the big lesson here is I shouldn't have
played Friday zero days I've said
previously that you shouldn't play
Friday zero days except not only did I
play Friday zero days I didn't pay
attention to the fact that people would
actually give a flying Hoot about the
Chicago pmis are you kidding me the
Chicago pmis wrecked me today and the
downtrend was insane now I was able to
make some money back on Salesforce but
it just didn't fix the day so it was a
bad day and it was the first red day in
trading that I had since
April dang it I almost had all month
with every single day
green now look obviously I realize it is
IM like it's stupid to think that you
should always be green in trading there
are going to be red days and and the way
to solve that is set barriers around how
much you
risk I didn't limit my risk today as
much as I should have and as a result I
lost money today and it hurts and even
though I'm up on the month I'm up on the
quarter I'm up on the year a lot again
we took you know a $900 something
thousand account and it's now $1.9
million it's a pisser because it did
have a two in the front right it it had
it do it was even higher intraday so I'm
upset you know and and it's on uh it's
on coupon code expiration day two which
obviously nobody should expect that 100%
of the time you're green like nobody
should expect that when you join the
courses about perspective like okay what
is Kevin seeing in the trend of the
market today how do I want to play if
you're trading what does Kevin see from
a fundamental point of view you know we
saw this Dell drop coming for example uh
it's I mean that's what we talked about
in our course member live stream
yesterday before Dell
earnings it just sucks so it's a rough
day but what's really remarkable about
it is we actually had a rally into the
close look at this insanely rapid
decline at the beginning of the day
downtrend and bleedout second downtrend
and bleedout I made a lot of money right
here on uh uh Salesforce really really
good like six figures of money on sales
Force right here and it really helped
when we had this recovery because I was
going for call options on Salesforce on
this breakout over here uh specifically
off the bounce over here 216 I think it
was right around this dip here it was
glorious I mean if I held longer I think
I may have actually been able to go
green today but point is it was a really
rough day so because the other trades
just didn't work so today sucks but what
are you going to do that's life and I
just have to deal with it so what we're
going to do instead of continuing to
complain or uh you know talking about
the expiring coupon code today on the
programs on building your wealth
obviously uh you know I'm I'm grateful
that the account is nearly well it's
more than doubled uh since we started
trading in it uh back in uh really like
earlier this year in
q1 and I'm grateful I'm up on the month
I feel really bad uh today and and I
realize it's like first world problem
like woe is me poor you or whatever you
know I could be readed on the month I
get that but I think that's just the
psychological aspect of of trading and
so it's really I find it's really
important to analyze when there's
something that you recognize that's
making you emotional so that way you can
identify that and then limit that in the
future so again my rule of thumb for the
future is going to be a limit risk which
I usually do I didn't today but then I
combined not limiting risk with zero
days on a
Friday and even though we got the
recovery into the clo I was looking for
I just wasn't able to recover some of
the losing positions and it
sucked with that said let's take a look
at some of the news all right look
Pension funds in California and we're
going to go through a lot of different
topics here Tesla the market
trajectories inflation we're going to
cover it all so just buckle up have a
drink and um and let's just chill
together and talk about the market and
try to provide some value here first
things first Pension funds in California
are getting absolutely wrecked uh not
only in California but also in Canada uh
you've got a lot of Pension funds just
gotting re getting reamed and that's
frankly because a lot of them have
exposure to office towers and like
Manhattan and San Francisco and a lot of
these office valuations are slumping
unfortunately I don't actually think the
office slump is going to end anytime
soon it's basically this slow bleed and
so the slow bleed of pension fund
investments in office Towers
unfortunately might continue as
artificial intelligence creates a
productivity boom of people not only
working from home but companies being
able to do more with fewer working
individuals frankly I think the only
reason that we
have positive employment numbers right
now is because of illegal immigration
illegal immig rants do show up on the uh
BLS labor report of total employees for
companies or household uh individuals
working uh whether or not they're legal
and while I believe that there should be
a very streamlined legal immigration
method to get into the United States we
obviously don't have one we have an
immigration problem
uh an illegal immigration problem but I
don't think politicians are actually
really motivated to deal with it because
they benefit from better employment
numbers but those sort of jobs are not
the jobs that end up in offices as a
result pen pension sorry private funds
that were exposed to these offices
reported a negative 12% return in 2023
even worse than Pension funds and share
prices of publicly traded reads have
fallen much further than some of those
private ones uh thanks to uh really just
a distaste for offices right now it's
one of the things in the stock market
you get this acceleration of excitement
and pessimism I mean you saw the cues
probably today we literally sold off
1.8% and then ended the day flat what
are the freaking odds of that that's
insane now fortunately I had a Tesla
call going into the close I actually
thought I was going to hold it until
next week but I had a Tesla call going
into the close that I sent out an alert
for in the stocks and site group
remember coupon expiring today and uh uh
and I was able to make back a chunk of
money that I that I you know had losses
on during the day again it was the first
red day and and I think that like really
kind of screwed with my mentality a
little bit which was bad uh and that's
it's very important to recognize those
things if you're ever trading if you
make mistakes it's okay but what are you
going to do to limit those losses in the
future that's very very important so
obviously I want to go into June with a
clean slate and try to make sure we can
get a green p&l for June uh had a really
really green p&l for May but I still
feel like an [ __ ] I still feel like a
loser and and I'm sorry like it might
come across as like oh poor you you lost
money or whatever you didn't make as
much money as you could have the reality
is psychology the psychology of money is
real there's the reason I've created the
course called the stocks and psychology
money it's because a lot of it is in
your head how you deal with the problems
of the fluctuations of the insane market
and how you limit your downside exposure
and maximize your upside exposure it's
hard anyway
going on here in 200 uh Calpers invested
in the Sacramento area to flourish a 53
story condo and a decade later the board
approved new plans due to Falling
financing uh the plan was then scrapped
because it could not find sufficient
office tenants uh which happened uh just
before the pandemic struck cpers
invested a total of $87 million in the
Sacramento parcel but later sold the
land for only $17 million in other words
cpers got wrecked speculating on real
estate
speculating on real estate is uh uh is
is a very very big risk when it comes to
my long-term stock positions I like a
diversified stock portfolio I generally
trade at any given point a fraction of a
percent to maybe a percent of my
portfolio at any given time so I really
try to keep my exposure low to trading I
just want to make that very clear uh and
when it comes to real estate I actually
don't speculate I do zero speculation in
real estate I make bets where I see
upside day one right that's just my
thesis for Real Estate so most of my
portfolio like 99% of my exposure to
like wealth assets is non-speculative
and I think that's very very important
but it's also fun to trade especially if
you can make money the exception of
today all right uh next 2third of gree's
electricity is supplied by solar and
wind
turbines uh in the U which basically
affects um uh Greece uh however Greece
is going back to fossil fuels possibly
because we've actually seen deflation in
fossil fuels did you notice over the
last 30 days we actually had inflation
fall because gas prices came down oil
prices came down as some of the
geopolitical issues felt a little bit
more contained in the Middle East and uh
Supply disruptions don't necessarily
occur as a result of increasing
conflicts in Israel worth noting that uh
but uh what's worth here also keeping in
mind is that Greece is ultimately going
to get billions of dollars of heavily
subsidized gas infrastructure and what
they're really trying to do is position
themselves essential to all of the all
of the eu's energy security Now why does
that matter well quite frankly matters
because Russia used to fill that role so
a lot of folks are looking at hey you
know how could we benefit off of
supplying natural gas to Europe well
first of all if you're ever trading
Commodities more Supply coming online in
Europe will probably lead to a net
decline in Energy prices uh for fuels
across the board see the northstream
pipeline might be gone because of what's
going on in Ukraine and with Russia but
as countries try to get away from Russia
they build out their own infrastructure
much like Greece is doing and so what
ends up happening or even Cyprus which
is benefiting heavily from government uh
subsidies what ends up happening is you
end up creating substantially more
Supply and prices end up coming
down uh obviously we've got uh the uh
ISS group this morning which voted
against the Tesla
stockcoming out again today reiterating
that you should also vote against the
2024 Tesla stock comp plan I'm actually
a believer that Tesla stock is probably
going to create a bottom before this
vote and it's probably going to Rally
afterwards uh we won't actually get
delivery numbers until the beginning of
July but I actually think this uh uh 99%
interest rate promotion is much better
for Tesla than lowering car prices and
it actually makes me heavily bullish on
Tesla I think on my trading today Tesla
actually helped me make some money
whereas uh some other trades helped me
lose some money today uh I I will fact
check that in just a moment here but uh
I I actually strongly believe that
there's some real upside in Tesla uh
because most of the negativity is just
built into oh no I was negative on Tesla
darn it I still ended the day down 20 on
Tesla uh but I was up six figures on CRM
let's go don't don't talk to me about
super micro computer I or Dell I I don't
want I don't want to talk about it let's
just say there's a reason I'm
drinking Jack out of a SpongeBob mug
today but that's okay again like nobody
should buy uh into my courses on
building your wealth expecting every
single trade and every single day to
work
out the whole point of the courses is to
teach you to spot Trends to play lines
and to learn from my successes and my
failures so when I f up like I did today
and you look and you go damn son look at
that loser what a
clown but damn he's up on the month holy
[ __ ] 400 Grand I could buy a house with
that you know the whole point of that is
for you to look and go okay got it I
learn I'm going to take the lessons I'm
going to avoid those mistakes right I
want to be the embodiment of what to do
and what not to do and you kind of pick
which
ones this it's very hard like the the
the pressure uh on me uh feels really
really high because obviously when when
when I trade I'm I'm trading in real
time and I send these alerts and I'm
like you know if I f up I I feel like
horrible because it's like a lot of
people are looking you know we have
often a thousand people in our course
member live streams every single morning
as we talk fundamental analysis and a
lot of people are just grateful they've
been there for four or five years they
know not to copy my trades they just
take the ideas and apply those to their
own trading portfolios but
um yeah it's 1337 right now as I'm
filming this and uh cheers I love you
all all right so anyway
um look a lot of these companies uh or
or you know whether it's glass Lewis or
whatever um they're not really going to
matter in my opinion they're they're
going to vote the same way they did
they're going to be part of that 30% of
individuals who voted against uh the
Tesla stock comp back in 2018 but the
reality is even if this vote fails the
stock will probably go up in my opinion
not Financial advice
because the board will just come up with
a new plan like it's not that
hard anyway so the question now is uh
what happens uh for the next topics what
what happens here after the uh Donald
Trump
verdict uh apparently um there was a
goal to have a debate on X between Trump
and Biden uh the uh invitation was
denied by Joe Biden I don't think the
White House likes Elon Musk at all I
don't think Democrats like Elon Musk
it's unfortunate because I know Elon can
be a little rash I also recognize that
about myself but um you know I don't
think is a bad person I think he truly
is trying his best but there's
definitely some shying going on there
too and that just sort of reiterates
every single time uh the the Democratic
side will pick up on any of the shy
string and just go that's why we don't
like you and other people who actually
do like him often those on the right be
like no that's exactly why we like him
but our world has actually gotten very
divided and so it's very sad I try so
hard on this channel to just Prov
perspectives on both sides of the aisle
because I don't think Democrats are bad
people I don't think Republicans are bad
people I don't think Independents are
bad people I think everybody's just got
a different opinion on what's best for
the world
and it's really hard to take a step back
and say oh yeah like other opinions can
actually be correct as well that's very
hard yeah and in politics it just makes
you look weak but I'm not in politics
I'm not a politician you know I know
some people are like but you ran for
governor in California yeah I ran for
governor as not a politician and still
not a politician I kind of hate politics
I just wanted to help California you
know now we're in like massive deficits
in California it's really sad uh like
horrible deficits in California to where
some of the campaign promises that were
made by democrats in California can't
even be fulfilled because there's no
money left like the healthcare minimum
wage or otherwise anyway uh there's talk
about Bill Amman uh poten being one of
the first of sort of this damn uh
breaking of uh billionaires who are
going to come out and support Donald
Trump in the uh us election Donald Trump
raised like $35 million in the last 24
hours probably even more since then uh
since the reporting of that in in
support for Donald Trump so I I
personally don't think that Donald Trump
is going to end up in jail uh I think
there's going to be some kind of fine
there'll be some form of probation
there'll be some kind of you know
imposition upon him almost with
certainty I don't
really like I'm not going to make bets
on an appeal actually going through I
just think he's going to get punished
he's going to get punched in the face
basically he'll he'll pay his fine he'll
do his whatever time and probation or
whatever it is
but there's there's this real
possibility that you could actually
Galvanize support for Donald Trump
becoming president to as many on the
right say clean up the system although
many on the left will say no like you're
not above the law just because you were
president uh and so there's nothing to
clean up like the system works just the
way it is
ultimately Donald Trump is right when he
says November 5th will
determine uh what's to happen here and
so uh we'll
see personally and and I feel like um I
feel like I'm going against everything
that I've always said on the channel but
personally I think I'm just not going to
vote this is very stupid you should
always vote but I personally think I'm
not going to vote in this election
mostly because I tell everybody on the
channel That my goal is to be as
unbiased as possible and to provide
neutral information and honestly just be
real with you you know if I get
absolutely reamed on a day and I just
feel like crap and it's you know 141 and
I'm drinking Jack Daniel out of us bunge
Bob mug then um I'm going to share that
with you as uh as painful as that is on
the inside uh but you know when we can
cheer about a huge win on a trade too
you know I I want to be there with you
too uh this is just one of those um I
wanted to say sobering times but I don't
think that's appropriate right
now anyway so uh one of the team members
here mentions uh Trump's ad team is on
their aame they always are I'm a
political prisoner I mean they're really
trying to compare themselves to like
Snowden uh and uh it's very incredible I
I sincerely believe that my goal is to
be 5050 I know when I ran for governor I
ran as a
5149 uh more and more that's become a
little bit more 50/50 and I think um
obviously uh there are going to be times
when it it comes across as I lean a
certain way but I just want everybody to
be happy and to win and I think that's
why like it's not the money that matters
to me today but it's just sort of like
the guilt of like those were there were
bad alerts today you know they weren't
good and so um I mean Salesforce was
freaking great but like you would have
had to have pick through the weeds you
know
so if you want to be part of the
craziness coupon expires
tonight the the whole by the way I know
people like go your coupon the price
just goes up over time like this year
quite frankly for like the last year the
price has just been up up up up up up
and that's the goal the goal is just
keep adding value increase the price all
right what is this Japanese currency
exchange hacked over $300 million worth
of bitcoin gone so what are the biggest
issues that you have with crypto is this
fear of people getting hacked but you
realize like most of these hacks are
entirely preventable people just have
really terrible password practices they
get fished they get tricked by Bots do
you know that Russian hackers will
literally use artificial intelligence to
voic mask their
voice and make them sound not Russian to
make them sound American or German or
whatever
yeah now when I think of voice masks I
think back to the days of being a child
and playing Counter Strike and everybody
had a voice mask that sounded like this
yes I a mature adult I am not a 14year
old oh
boy yeah but uh AI is now helping people
utilize uh voice trans mography to scam
people basically and there are a lot of
scams keep in mind I'll never DM you on
WhatsApp or quite frankly really
anywhere because I got enough going
on anyway somewhat
interesting um so uh DMM is uh Bitcoin
is preventing new accounts from being
opened and cryptocurrency from being
withdrawn you know this is a lot like
unfortunately what FTX did right before
FTX went bankrupt and when that was
occurring I remember making videos
saying please get your money out of FTX
they're about to collapse and then like
a week later they
collapsed runs on a company or a bank
are basically the death of them as soon
as you lose trust they go they collapse
which is really the same of any
brokerage that exists except registered
brokerages like Robin Hood or
interactive brokers or JP Morgan they
are regulated by cpic the SEC and finra
and so they provide some level of
insurance or guarantees
whereas unregulated institutions like
those in crypto like yes coinbase which
is also a sponsor of the channel don't
have those benefits now I'm a big fan of
coinbase I do think some of their
revenues as an investment are going to
go down because of the ETFs because they
can't trade ETFs they can only trade the
underlying but trading volumes have been
up so maybe that'll be bullish in the
short term I don't know all I know is
you can get up $200 if you sign up for
an account at coinbase by going to
mavin.com coinbase they are a paid
promoter of the channel
but uh I'm I'm always going to give you
my Straight opinion and fair scoop of
what's going on American exceptionalism
what's happening to the rest of the
world even after adjusting for inflation
Canadian GDP per capita is on a constant
downtrend since 2021 significantly below
pre- pandemic levels yeah look at that
in 178 we are way below that honestly
part of that probably has to do with
housing they don't have the benefit of
the 30-year fixed rate mortgage and as
inventory increases housing values go
down therefore uh expenditures into
Capital Improvements into a house a new
kitchen new bathroom new Landscaping
whatever go down because you know when
Market values are declining Home Depot
told us this in a on an earnings call
when home values are declining people
perceive that expenses on their home or
investments into their home or just
expenses they're they're a negative
outlay whereas when home values are
increasing they see improvements on
their home as an
investment kind of an interesting
psychology right it's like oh when the
value is going down I'm spending money
when the value is going up I'm
investing and people just delude
themselves right I mean this is one of
the things I teach in the property
management and Rental Renovations course
which is also expiring today at its
current price what what I teach people
is here's how to renovate here's where
not to spend money and here is where to
spend money and the difference of that
could be hundreds of thousands of
dollars no oh well I'm going to take
another sip of this uh but uh I I know
there's talk about this being another
case of us exceptionalism but really
it's like the 30-year fixed rate
mortgage that's contributing to the GDP
but also artificial intelligence right
most of the AI Revolution whether it's
Nvidia or open AI or whatever is
happening in the United States Microsoft
meta Apple Amazon these are us companies
so of course uh the winds are going to
be concentrated in the US makes sense
let's drink some more of
this w
that's not
good woo you know that's Jack Daniels
you know what Jack calls it he calls it
me
Daniels I think he's coming in right
now nope probably can't get the second
door open that's why I closed it because
I'm
filming uh anyway um yeah a lot of lot
of people looking for more data on the
consumer you don't really need more data
on the consumer let's be real prices are
coming
down a lot of people get really pissed
at me for saying
this but we are going to have lower
interest rates in
2033 as we've ever had before in history
ever that's my
opinion but I think you can take it to
the bank that's not personalized
Financial
advice people get very mad at me about
that they're like no no no no uh the
trend of declining interest rates is
going away and we're screwed we're going
to have hire for a very long time and
I'm like no you're
wrong now it's my opinion it may prove
that I'm wrong but I don't think I will
be I think that artificial intelligence
combined with uh productivity of
companies the lack of excess from the
government printing as much money
they'll always print money get your
money out of cash um will lead to a
substantial long-term downtrend in quite
frankly inflation in fact uh Boomers who
have the vast majority of wealth in
America are individuals who are not
inclined to spend usually Boomer spend
but they're worried about running out of
savings so they're not
spending and as they don't spend they uh
unfortunately contribute to deflation I
mean I was just looking at I think it
was Dix is having having a price War
Ulta was a company we were looking at
this morning they're having price
competition prices go down it's that
simple the only prices that are going up
are the courses on building your wealth
and you can take that to the bank if you
buy the course today and next year the
course is cheaper I'll make you a
whole but I don't think that's going to
be the case you buy the course today for
like I don't know 580 bucks watch next
year it's going to be like 680 or 780 or
880 I don't know depends on how much
value we
had and uh how much interaction there's
going to be because it takes work
too net exporting countries don't want
us dead anymore dollarization it's
widely accepted that the global savings
glut so many people's savings is driving
lower yields for longer periods of time
uh so there's this idea that a lot of
countries have invested in US bonds and
they're starting to dump them because
they're dumping them yields are going up
in the
US that could be very stupid that's sort
of like selling at the bottom I mean
frankly I think that if yields Trend up
over time bond yields are going to
rise but other countries have lost so
much money on investing in US bonds that
they kind of just close out those
positions take their losses and move
on currently the countries that hold the
most US debt are Japan China and the
United Kingdom as of early 2023 Japan a
surplus country leads with approximately
1.1 trillion us uh treasuries Holdings
followed by China with about
859 and the United Kingdom with
668 billion now it's really interesting
about this is people forget that the
largest owner of us treasuries is
actually the American
populace yes American individuals own
the most US debt but when it comes to
foreign countries Japan is now in the
lead China used to be in the lead not
anymore very
interesting uh yeah so um anyway all
right so what else do we have we have
stellantis launches their first full
electric vehicle how interesting is this
this is the first fully electric jeep a
2024 Jeep Wagoner s has a 0 to 60 of 3.
4 seconds you know you know this is
actually dilutive to Tesla because
Tesla's always been like oh they're so
fast they're so fun yeah well that's cuz
you have the torque of an electric
engine well it's not really an is it an
engine or is it a motor electric motor
combustion
engines got you anyway um yeah you slap
a battery on some cars man they move
they move Stant stock didn't really move
on that but I think that's because
people are kind of like over EVS at the
moment with the exception of that
financing offer Tesla's head
damn Tesla to recall over 125,000
vehicles for faulty seat belt warning
keep in mind this is an over-the-air
update so when we hear about these
recalls it's like come on man come on
like are we really going to spend time
on an over theair software update I mean
it's it's worth looking at here and you
could look at it here in terms of Which
models are affected but boy people make
a lot of noise about this holy
crap
whatever uh this morning we talked about
the um personal consumption expenditures
index which came in at
expectations and this is really
what screwed me today I'm like damn
we're at expectations let's freaking
go he's going long boys and
girls oh no 15 minutes later the Chicago
pmis come out and Kevin doesn't set
didn't set stop losses for those and
oopsies dude I got
reamed I got reamed today
uh it's all right it's okay it's okay
we're still up
$469,000 on the freaking month which I
mean think about that 4 69 divided by
what is it 1908 1903 is the account
we're well I mean it was much smaller
right so what I think what you have to
do is go 1903 minus 469 and then you
really have to do 1434 which is what it
was uh and then divide into that 1903
bro we're up
32.7% on the month on trading and I'm
being a little [ __ ] drinking in the
1:00 hour because I'm pissed
that I didn't follow my own freaking
rules on the
day it's
okay learn from me don't be like Kevin
meet Kevin don't be like Kevin it's very
stressful okay all right what else
geopolitical issues with Taiwan could be
a buying opportunity per TS Lombard TS
Lombard believes that geopolitical risk
with Taiwan will continue to escalate
over the next four years but they see it
as a buy the risk in fact as of the last
Taiwanese election the executive branch
is now controlled by the
DPP and the executive Bran or the
legislative branch is controlled by the
CM or kmt and usually when you have a
split leadership here you actually get
very very little done and that's
actually deemed good to the stock market
people don't like it it when governments
have too much power like in California
you get a super majority of
Democrats TS Lombard believes this will
be the last Flex before the US election
CH citing China's historic tendency to
keep a low profile leing leading up to
us elections oh I could feel like the
alcohol is starting to hit I'm probably
just going to take a nap after this you
know what I won't do I won't be driving
anywhere don't do that anyway how
America created is own competition oh
shouldn't that be its without the
apostrophe I'm pretty sure there's no
apostrophe in that anyway Western
sanctions aimed at weakening
authoritarian regimes have
unintentionally fostered a global Shadow
economy with China at its Center despite
trade restrictions on countries like
Russia Iran and Venezuela and North
Korea China has strengthened its trade
relationship with these nations this
block now trades extensively in items
like drones missiles gold oil and
enabling them to withstand US economic
pressure right as soon as you get out of
like the US dollar and us treasuries the
ability of the US
to manipulate these foreign countries is
is substantially limited now the US is
still the best of the worst but let's be
real all currencies are just a Ponzi
scheme another noticeable quote I think
that's notable but anyway oil revenue
from China is propping up the Iranian
and Russian economies right I mean China
is just buying the dip on oil in China
or sorry in uh in Russia and Iran
because it's cheap and I honestly don't
blame them I don't blame them at
all uh you got some like skirting of
sanctions that happens with China some
facts on that here and uh there's talk
about will Boomers create hyperinflation
the answer to that is no they don't
spend their
money Economist speculated that maybe
they will but it hasn't been happening
they continue to be Savers how crazy is
that we actually covered that a few days
ago uh covering an economist piece The
Economist is a great magazine by the
way oh I feel so defeated today I'm
sorry GPT used by Foreign propagandists
and AI criticism o Open AI identified
and stop five covert influence
operations in just the last 3 months it
said groups in China Russia Iran and
Israel used its tools open AI said
operations tend to manipulate public
opinion and sway political outcomes
through
deception last three
months dude I want to look at my last my
p&l for the last three months cuz I'm I
just I need to feel a little better
right now I feel like poopy doopy right
now I had a bad day he had a bad day
what's that song that the guy sings
that is that is that inappropriate to
reference a guy so anyway the last 3
months
a hate
that
fudge I understand the last three months
p&l is up a million dollar but my day
today was just
bad it says a million doll there but
there it says 972 so I don't really know
which one it is but whatever oh oh that
might be long stock that's balancing
that off but
anyway damn
it almost made a million dollars off
Tesla
though God
damn I'm
sorry I think we're just getting to the
point where the sun Daniels is hitting
oh well I'll try to focus my as they
spin around it was the carrots I
swear uh opening eyes said operations
Tred to manipulate public opinion and
sway political outcomes through
deception the campaigns included topics
like Russia's invasion of Ukraine the
conflict in Gaza Indian elections and
politics in Europe and the US Open AI
has tools to help keep track of these
quaries and report them to the
government reportedly their campaigns
have not yet had significant impacts you
realize like we have not had a YouTube
files or an open AI files or Facebook
files boy what's in those we've only had
Twitter files I covered those while I
was listing my publicly listed ETF this
is not an advertisement for that ETF
finra please this is not an
advertisement for that ETF I'm not
mentioning it by name I'm following the
rules but honestly I've been buying the
dip of my own ETF
because I'm a little [ __ ] and I'm over
buying single stocks for my long
portfolio and I want some
diversification I feel so sad to say I
need to diversify to 20 stocks how many
stocks are there hold on I don't want to
show the name of it because I'll get in
trouble so I'll just go to the website
and O I should do it over here let's do
it over
here uh go to the website
always make sure you read the
disclaimers and
disclosures because otherwise the SEC
will come hunting you honestly a lot of
people really hate the
SEC or finra or
whatever I don't I get it I really get
it like there's a reason there these
disclosures so people don't
manipulate just be transparent
I I want you to honestly make fun of me
in the comments down below so how many
stock how many positions do I have in
this
24 Warren Buffett says you get 20 Punch
Cards dude the U Daniels is
[Music]
handing
um hey um you know what how about
this how about this how about this
oh my God if you come to the millionaire
Symposium like I haven't been pitching
this really um but we're having this
event in Vegas between June 21st and
June
23rd it's
$595 right now until the coupon expires
tonight and uh we're holding it at the
Rio it's going to be 3 days I'm honestly
just going to set up a circle of tables
like don't expect too much but Ben ma is
going to be there Ross Gerber is goingon
to be there and some other people are
going to be there uh but but don't worry
about them I'm basically just going to
set up a circle of
tables and I'm just going to tear
apart every one of y'all's finances so
like come with opinions come with ideas
and I'm going to give you my opinions
and my ideas that's the idea obviously
I'll
teach Building Wealth through real
estate and some of these other things uh
I don't
honestly don't sign up for
this it's going to be so
basic like it's just going to be you're
going to sit there with a notepad and
the goal is for you to just take
notes see my goal is really for people
to learn from my failures and my
successes I I I really don't want to be
that douchebag that's just on the
internet going I only make money and I
guarantee your results I don't I make
mistakes I f up
and I want you to learn from those too
in fact a lot of what I have in the uh
courses on building your wealth is um
built by mistakes like I tell people I
know you should not do this because I
have messed up too anyway what's this
making money off obesity Eli Lily
Goldman Sachs just increased their
expectations for the anti-obesity
medications Eli dude honestly
I hope these drugs do well I'm highly
concerned that they're going to have
some weird adverse side effect like
you're going to get cancer and die and
and I don't want that to be the case
because I want people to be able to just
lose weight and not have to work for
it I know that sounds
crazy but look at Eli Lily St it's like
alltime new highs over and over and over
again I mean from $300 it went to $820
it's
nuts it's
nuts anyway uh some other news us is
slowing AI chip exports to the Middle
East by Nvidia and AMD us officials are
delaying licenses for chip makers like
Nvidia and AMD to ship AI accelerators
to the Middle East due to National
Security
concerns yeah there are concerns that
China could access these Advanced chips
through the Middle
East yeah all right Trump was found
guilty we already know
this Apple's new scurve for the
iPhone don't bet against Apple I'm a
real big fan of betting on Apple right
now enhance security improve battery
management Superior camera and
photography health and fitness
monitoring
honestly I want to keep scrolling but
frankly the the ud Daniels is uh taking
over so
um I didn't think it would I thought it
would take longer than
this oh I'm sorry I'm really sorry I
hope you make money on
the perspectives that I provide I can't
guarantee it in fact you might lose
money but that's just me trying to be as
transparent as possible um I know I made
money this month this quarter this
year I am so devastated that I lost
money on the last trading day of the
month I'm
pissed I didn't follow my rules
yeah it
sucks does anybody want to go for a
drink
H
um trading is a job I know I'm up on the
month but I feel like a
douchebag and I honestly don't think I
am uh I really try to do my best I I
know there are a lot of haters that
don't like me but
you know what's under
this you're not supposed to
know suck up the
ghosts
yeah this is the problem with not having
somebody edit your
video uh so anyway uh going over here to
the uh candlesticks [ __ ] that's a
downtrend um minute downtrend hey what's
up
trust the lines
bro I do believe in lines but I don't
always follow the
lines oh wow okay the ud Daniels is
hitting hard hey look at this would you
know the realized p& over the last month
boy I'm going to have to pay taxes on
that I'm going have to pay taxes on a
million dollars over the last three
months but damn my p&l is going to help
me save money in taxes that's it my day
p&l is going to help me save money in
taxes let's freaking go I'm going to go
take a nap
now I don't have anything else to say
thank you so much for being here I
appreciate you I'm going to hold some
children out you know what I'm going to
get a child okay wait wait here we
go this is my girlfriend
summer
summer I just want you to know you are
so
incredible you were so cool dude is a
girl a dude Jack get over here is a girl
a dude get in here no no what's a girl a
Ms what are you
eating it's the only thing I can eat
with my things what things do you have
do you have a spacer in your teeth mhm
see Jack's getting a spacer in his teeth
because uh he has my problem see when I
was his age they just yanked my teeth
out I only have 24 teeth a normal adult
has 32 teeth and then most people lose
four teeth due to a wisdom tooth
extraction which I also had so you're
down to 28 I'm down to 24 I lost uh four
in sizers just to make room for my other
teeth you're getting a spacer huh it's
terrible why is it terrible worse than
this to it's worse than what I have to
wear this for 9 months I can't hear you
cuz I can't understand you I have to
wear this for 9 months does anybody
understand what he's saying I don't
understand what he's saying I'm just
kidding I heard you bro I'm sorry I'm
sorry I should not make fun of you do
you know 9 months is as long as it takes
to have a baby
bro I love you you're good dude honestly
what you're going through is way better
than getting your teeth yanked I know it
feels bad but when I had my teeth anked
out they put me on a like a thing that I
had to lie down in they gave me like
eight
shots eight it hurt because they just
kept injecting stuff everywhere and then
they're with pliers like yoinking these
adult teeth
out and then you just see this like
bloody mess come up it's really bad so
well this is worth than the
100% so he just had a little like um
ingrown toenail remove by a doctor and
uh he says his spacer is worse than
that I agree that's probably true but
what I just described I think is also
really true hey do you love me still a
little bit I love you dude can I have a
high five do you still love me a little
bit can can you tell the YouTube World
about your compound Bo
experience it was cool talk into
this it was cool how was it hanging out
with Dad for a weekend cool do you like
Dad better than
mom don't leave a comment on that by the
way this year is Summer's twin
sister this is violet please meet violet
she is a beautiful
robust nine to no she's probably 10 10
lb child can't stand on our feet yet
Ellen but um you are so cool and I love
hanging out with you on a regular
basis look at that this is uh isn't that
crazy twin sister of Summer this on the
other hand is Ella this is our big girl
who was born in October she is so
beautiful we love you don't we Ella oh
you're so cute I love playing with you
you're so Godly and then do you love Max
too do not advertise these things that
you told us here I feel like nobody else
knows about this we'll we'll try a
little advertising and see how it goes
congratulations man you have done so
much people love you people look up to
you Kevin pafra there financial analyst
and YouTuber meet Kevin always great to
get your take
even though I'm a licensed financial
adviser licensed real estate broker and
becoming a stock broker this video is
not personalized advice for you it is
not tax legal or otherwise personalized
advice tailor to you this video provides
generalized perspective information and
commentary any third party content I
show shall not be deemed endorsed by me
this video is not and shall never be
deemed reasonably sufficient information
for the purposes of evaluating a
security or investment decision any
links or promoted products are either
paid affiliations or products or
Services we may benefit from I also
personally operate an actively managed
ETF I may personally hold or otherwise
hold long or short positions in various
Securities potentially including those
mentioned in this video however I have
no relationship to any issuer other than
house act nor am I presently acting as a
market maker make sure if you're
considering investing in house Haack to
always read the PPM at house.com
UNLOCK MORE
Sign up free to access premium features
INTERACTIVE VIEWER
Watch the video with synced subtitles, adjustable overlay, and full playback control.
AI SUMMARY
Get an instant AI-generated summary of the video content, key points, and takeaways.
TRANSLATE
Translate the transcript to 100+ languages with one click. Download in any format.
MIND MAP
Visualize the transcript as an interactive mind map. Understand structure at a glance.
CHAT WITH TRANSCRIPT
Ask questions about the video content. Get answers powered by AI directly from the transcript.
GET MORE FROM YOUR TRANSCRIPTS
Sign up for free and unlock interactive viewer, AI summaries, translations, mind maps, and more. No credit card required.