*Unexpected* Fed Flip, Trump FREAKS, Tesla vs UAW Strike & Ukraine | Bottom Line Report [Episode 1].
FULL TRANSCRIPT
multiple bottom line reports to cover
today including massive flip-flopping
going on and being studied at the
Federal Reserve could this change
everything we'll also preview this
week's press conference from the FED
we'll discuss the implications of the
UAW strikes how much is it going to cost
and which two companies can actually
benefit the most we'll talk about
Ukraine we'll talk test level talk
government shutdown and we'll talk about
Trump talking fed and VP candidate and
more first up Mark Cuban was fished and
no I don't mean a reeled in by a fishing
rod I mean fishing scammed apparently he
downloaded a compromised version of
metamask making him the latest victim of
phishing attacks that are super popular
in the crypto Community apparently he
lost up to 870 thousand dollars keep in
mind just linking your wallet to
something like metamask doesn't
automatically compromise its Integrity
generally you'd have to go as far as
signing some form of contract to reveal
your private key however that could just
be a few buttons deeper so beware what
you're linking with your crypto wallets
and as usual keep the vast majority of
your crypto off wallet and keep it on a
hard cold physical wallet so that way
you limit that potential now regarding
the UAW strikes began Friday at the big
three Ford GM and stellantis we need a
good pay for our families we produce
great quality good products and
everything else we can't even afford the
products
yep so anyways if they look at the if if
you do the math it'll take like one or
four billion dollars to give us the
raise but they're willing to risk it for
5 billion to lay people off in strike
it's corporate greed up to 13 000
workers went on strike specifically at
Ford Michigan's Bronco SUV facility GM
Chevy Colorado's pickup facility in
Missouri and stalantis's Ohio plant that
builds the Jeep Wranglers Legacy
automakers face a huge problem because
they have to spend massive amounts of
money to transition their companies from
gas Legacy automakers to EVS consider
that right now Tesla has nearly 60
percent of all electric vehicle sales in
America and even though that's down
slightly over the last couple of years
the pie is expanding very rapidly and
Tesla continues to have over half of the
entire Market GM literally has just six
percent of the market Ford five percent
of the market and these companies need
to invest billions of dollars into new
factories like Ford throwing seven
billion dollars into just one new
Factory just to try to transition in to
actual profitable electric vehicles keep
in mind GM does not expect to be
profitable on electric vehicles until at
least 2025 Ford until at least 2026.
problem now though is union leaders are
asking for a 40 wage increase over the
four-year life of a newly negotiated
contract when we hear 40 it sounds like
a lot but remember UPS UPS approved a 55
pay raise just weeks ago for certain
employees over a five-year term but when
you consider that these individuals
hadn't seen pay races since 2019 you're
actually talking about pay raises over
an eight to nine year period amounting
to about 55 percent when you compound
that out you're looking at about a four
to five percent annual pay increase the
difference though is that ups and the
logistics industry has grown
exponentially thanks to covid whereas
Legacy automakers are facing a shrinking
industry massive burdens of old pensions
and now the desire to transition to
electric vehicles with these burdens
it's very difficult especially since now
unions are asking for a 40 wage increase
they've negotiated down to maybe about a
35 wage increase still looking for a
32-hour work week and a restoration of
cost of living adjustments as well as
other pension demands problem with this
is now you have 13 000 workers going on
strike and Ford for example is
complaining that look if we can't get
the final Parts out of these factories
to at least weather the strikes for the
next few weeks we're going to have to
conduct layoffs and that's exactly what
Ford just did Ford just laid off 600
workers now usually if you go on strike
and you get laid off you're going to set
the company up for a massive lawsuit to
me this is somewhat of a sign that these
companies have no choice that there
backed into a corner that they have
increasing costs at every level of their
business decreasing competitiveness at
every level of their business and even
though these companies have offered 20
wage increases unions are looking for
that mid-30s number just like wed Bush
here says accepting anything north of a
20 pay increase over the life of the
contract would be a tough pill to
swallow for the business model of GM for
example but this is true for a lot of
businesses but the ones who are likely
to win are Tesla and rivien given that
both of these companies are non-union of
course it turns out that potentially 600
workers who weren't actually on strike
got laid off so it's kind of like if you
go on strike we'll fire that person huh
it's crazy all of this is leading
industry experts to suggest that no
matter what happens with the United Auto
Workers strike Elon Musk is the true
winner here this is a cover in the Wall
Street Journal where they literally say
that billionaire Tycoon isn't even
involved in these strikes yet he's the
one winning and any wage increases
further Advance Tesla's already
tremendous cost advantage over its peers
now some folks get frustrated when they
hear that Tesla might be paying less so
I threw together this tweet that I think
really encompasses what's going on here
I stated I guarantee you there's one
office winning big during the UAW
strikes and it's Tesla's human resource
department the highest quality highest
working brightest Legacy Auto Workers
will likely apply to work at Tesla where
while their nominal pay might be lower
somewhere an average of about 45 dollars
per hour versus 66 dollars per hour for
an average UAW worker profit sharing in
the UAW Industries is sharing profit in
a negative profit industry GM and Ford
don't make money on EVS who cares about
profit sharing with a money losing
company there's no profit to share
whereas when you look at a company like
Tesla where yes the nominal wage might
be 32 percent less it's worth writing in
that there are many tangibles and
intangibles especially Tesla's total
compensation thanks to Stockholm Elon
Musk has argued that many line workers
at Tesla have become millionaires simply
because of stock based compensation
consider the following intangibles at
Tesla you're at a growing company versus
dying future of sustainability versus
Legacy green versus not Tech Pioneer
versus not engineer engineering Pioneer
versus the Legacy industries of not
being engineering Pioneers plus the
tangibles stock comp upward mobility in
a massively growing business and
industry the Resume Builder of working
at Tesla and the endless educational
potential it's worth remembering that
when I sat down with the head of
investor relations at Tesla they made it
clear one of the Beauties about working
with Tesla whether as an employee or as
a contractor is you learn from Tesla's
new engineering and so then your
business or your resume grows as Tesla
grows a quick example are Tesla's heat
pumps these are a pure Tesla Innovation
and their manufacturers have to learn
with Tesla how to actually manufacture
these but now those manufacturers can go
to other potential vendors and say hey
look we were able to make this with
Tesla we can make something special with
you too now of course the uaw's
leadership responds and says that
competition is just the code word for a
race to the bottom basically how low can
you sell products and rip off your
workers that's the argument of the UAW
they say that there your greatest
concern is the working class individual
the unions go as far as calling this
price gouging by greedy corporations
this is of course leading individuals
Like Bernie Sanders to come out and say
that corporations it's time to stop and
end your greed it's time to sit down and
negotiate Fair contracts this Vermont
senator of course calling out the CEOs
who are each making over 20 million
dollars a year now ignoring the CEO
compensation the companies have about a
four percent profit margin including
their legacy businesses and the stock
market is pricing them as if they're
trending towards bankruptcy but yeah
there's probably an argument to be made
about matching the CEO compensation with
the success of not just the Legacy
business but the Legacy averaged in with
EV business and of course this is why 13
000 workers are now on strike and that's
expected to grow before it ends up
getting resolved Josh Hawley of Missouri
ended up complaining that Biden's push
for EVS was to blame for poor corporate
profits at these businesses and Biden
said that the companies have made some
significant offers but ultimately I
believe that the company should end up
going further to ensure corporate
profits also mean record contracts for
the UAW the point here is obvious Tesla
not only dominates the EV Market but
because of these strikes they're likely
to dominate the market even more because
the strikes could lead prices for legacy
vehicles to go up Supply to be
constrained which also contributes
prices going up which makes Teslas more
relatively affordable but it also likely
leads to more Talent drain from people
waking up at the Legacy Autos that the
Legacy Autos aren't your long-term
solution for a great career like they
used to be instead the next great career
could be at Tesla which leads to more
innovating for Tesla and ultimately a
greater moat for Tesla next we have to
talk about the Federal Reserve who has
their press conference and and release
of the new summary of economic
projections which will show projections
going all the way out to 2026 that's a
big deal it'll be the first time we'll
see those this Wednesday that's the 20th
the Federal Reserve by some is widely
expected to go dovish potentially
signaling that no further hikes are
needed and Morgan Stanley says the peak
is in
5.375 that's it and maybe things will
change between now and November 1st when
the next fed meeting is but they don't
believe it instead Morgan Stanley
encouraged us focus on little subtle
changes in the language such as going
from indetermining the extent of
additional policy firming to changing
that sentence to remove additional and
just say in determining the extent of
policy firming that could be appropriate
in addition the FED might choose to
remove the word highly from their highly
intentive to inflation risks somewhat
signaling that the FED is less concerned
about inflation risks and guiding
towards a soft Landing with a softer
message to individuals and to
institutions the FED is also expected to
comment on what's now being dubbed the
fed's policy Paradox essentially that
when her rates are so high you end up
crushing Innovation and that's the last
thing you would want because logic would
tell you that hey if demand is still
strong you should keep raising rates but
now there's a paradoxical argument one
that says too high of rates could
undermine inflation fighting because you
end up restricting Supply keeping prices
High that's a problem and guess what
it's literally happening everyone
remember end phase I certainly do and
guess what anaphase told us in their
last earnings call they made it clear
that they don't actually expect to lower
prices instead they'll just restrict
Supply they use contract manufacturing
so they could just call up their
contract manufacturers and go hey pump
out less micro inverters this month it's
not like they own the factories and they
pay the payroll whether or not the
factory is running that's very different
from Tesla Tesla owns the vertically
integrated manufacturing stack that
encourages Tesla to lower prices because
they're paying for the factories and
people anyway whereas with end phase
endface has the choice to spend the
money or not they choose to just
restrict Supply the problem with this is
when businesses restrict Supply they
spend less time innovating and making
their manufacturing processes more
efficient this could end up leading to
longer term entrenched inflation this is
exactly the opposite of what the FED
wants to see happen okay now listen I
know that a lot of people are just gonna
go Hey Kevin Kevin are you just trying
to dig up some more bullish articles
once again suggesting oh the fans
definitely going to pause you know I get
it I get it people have that suspicion
but here's the reality
when Nick T and fed economists are
talking about this kind of stuff often
they're trying to pre-signal the flip
that the FED is actually trying to
engineer and it's a working we're seeing
the FED funds terminal rate Trend down
at the same time as oil prices are now
going up this is a sign that the FED is
communicating manipulating the market
it's really important to pay attention
to these this is where we came up with
the whole Nike Swoosh from like the
whole Nike Swoosh was based on this
gradual transition of acceptance of okay
inflation's going away and the fed's
slow transition that's why we still
believe in the Nike Swoosh so far things
have been okay Factory construction has
almost doubled in the past year with its
contribution to gross domestic product
hitting the highest level in 1981 which
is a sign that we don't yet have a lack
of Supply coming online which makes
sense because everybody wanted to
fulfill the demand that was coming in
during covid but the problem was we
didn't have enough factories now no
company wants to be caught flat-footed
again where when demand skyrockets maybe
when interest rates fall in the future
demand skyrockets again these businesses
want to be able to provide the products
and services that are being demanded of
them so they're investing in
infrastructure but at some point too
high of interest rates does the opposite
and it actually destroys Supply chains
because it increases the cost of
actually investing in new factories and
new technologies now that doesn't
necessarily harm every company take for
example Mega caps like Microsoft
Microsoft pays an average of 3.3 percent
in interest they pay about 492 million
dollars a year in interest but guess
what they make about twice that in
interest because they're making over
five percent on their cash positing
their money into money market funds
reiterating that the rich are getting
richer and Innovation especially at
smaller levels actually gets crimped in
this topsy-turvy environment we're in
where does this leave us now well big
benefits towards big companies and a
potential that the Federal Reserve may
end up flip-flopping keeping rates at
5.375 at the midpoint and starting to
work towards cutting in 2024 when nobody
knows but what we do know is the fed's
terminal rate projections based on the
bond market have recently come off their
peaks and are starting to rotate down
again downside though five-year break
even and five-year forward Break Even
both starting to Trend up again this
leaves a lot to wonder how would Donald
Trump respond to the Federal Reserve
here you go the Federal Reserve is
obviously independent but I wonder Mr
President if you are re-elected would
you direct your Federal Reserve chair to
lower interest rates well you know that
I put a lot of pressure on him it was
outside pressure because nobody knows
whether or not you can really do that
but I did because I thought his interest
rates were too high and he ultimately
dropped his interest rates the same
gentleman as you know and but it was a
lot of pressure I mean I was very active
on that right now interest rates are
very high they're too high people can't
buy homes they can't do anything I mean
they can't borrow money the banks don't
have the money the banks aren't lending
the monies the banks by the way Chase
Manhattan Bank uh Bank of America they
discriminate against conservatives it's
a disgrace and they shouldn't be allowed
to and I'm going to do something about
that but you take a look at Banks
throughout the country and I think
because of The Regulators but you take a
look at Bank of America and Chase they
discriminate against conservatives
we'll give you plenty of that okay all
right well let's stay on track with this
question though so just to be very clear
if you were re-elected would you direct
your Fed chair to lower interest rates
uh it depends it depends depends where
inflation is but I would get inflation
down because drill we must Mr President
are you going to appoint a new Fed chair
if you're re-elected well I guess he
would have two years left or something
like that so we'll see okay all right
you know the word jawboning I did a lot
of jaw boning against him and he
ultimately lowered interest rates this
is Donald Trump suggesting that Joe
Biden is not jawboning Jerome Powell
that it takes someone aggressive like
Donald Trump to make sure that Jerome
Powell is reigned in of course this is
Donald Trump suggesting that others say
no Jay Powell is doing just fine under
the leadership of Joe Biden that's
ultimately for everyone individually to
decide recently there's also been talk
about Donald Trump might have hinted at
a woman vice president a lot of folks
suggesting they like the concept because
Donald Trump says he liked the concept
of a woman vice president this is
interesting because it could suggest a
lien towards someone like Nikki Haley
potentially less aggressive than the
Vivek ramaswamy that some are hoping for
putting potentially two bulls together
might not exactly be as the balance
Donald Trump is looking for say some
though others say hey don't suggest that
Nikki isn't aggressive she's a fighter
as well well although Nikki might have a
little bit more of that political
experience obviously than somebody like
Rama Swami who could once again help
balance Donald Trump out so then again
plenty say that Donald Trump has
political experience now given that he
was President for four years on the flip
side some people say that look you need
one person who's the good cop and one
person who's the bad cop to lead a
strong negotiation it's very difficult
to get anything done when you have two
bad cops now remember how Donald Trump
is trying to get the judge in the
Georgia trial to recuse herself over
alleged bias specifically setting Donald
Trump's trial to begin the day before
super Tuesday which is expected to be
televised that is the trials expect to
be televised and she also worked for the
same Law Firm that used to employ Hunter
Biden yes Hunter Biden was actually an
attorney well this judge is apparently
now facing so many threats that Marshals
are now escorting her U.S Marshals are
escorting her when she goes to get lunch
in the courthouse something that has
very rarely occurred for judges so
increased judicial protection here now
Jack Smith is suggesting he needs a
nearly tailored gag order against Donald
Trump at the same time because Donald
Trump is apparently trying to intimidate
Witnesses by suggesting he'll pay for
their legal defense costs if they uh so
to speak now judge wink wink testify
nicely against him or maybe even for him
also you see that of people on the right
are arguing this is just yet again
another attempt for the Department of
Justice to censor an American president
if they can censor an American president
how much can they censor and investigate
us of course the left is Now counter
arguing going and well they're finally
coming after Hunter Biden on lesson
charges given that others have sort of
lapsed and now maybe eventually this
will get done but first Congress is more
focused on oh that's right another
government shutdown debate yes literally
Kevin McCarthy and Republic applicants
are delaying work on Hunter Biden
because of a potential government
shutdown as usual which is a story that
not only happened during the debt
ceiling crisis which is crazy because
you'd think it'd finally be over but
also happens every year right before
September 30th when the government's
fiscal calendar year ends and they have
to extend the budget or approve the
budget for the next year you have some
who say look we'll go for extending the
budget and signing a budget as long as
we get haircuts to current spending
levels that's a very common Republican
stance whereas on the flip side now you
have Kevin McCarthy going folks we can't
go through this again this is
self-sabotage to the Republican party we
need to get bigger priorities handled
now of course that doesn't stop
individual Republicans like Scott Perry
from saying ain't doing it unless
they're haircuts quite frankly a lot of
Americans are so fed up with how the
government spends over 50 percent of its
revenues on entitlement programs which
of course course do include things like
Social Security which individuals have
paid into people are so frustrated that
the government does not operate like a
household that is why do we have to
balance our deaths and the government
can just print more money this
unsustainable government spending has to
stop lead to a smaller government is the
argument of many others say just keep
kicking the can down the road maybe the
artificial intelligence Revolution will
boost our GDP such that our debt will
end up being nominal in the future and
while that is possible it probably makes
sense to balance the budget before
getting there just in case it doesn't
happen we don't end up having a brics
revolution and a collapse of America as
the leading country in the world on
Ukraine Biden is expected to host of
zelinski at the White House this week as
of course zelinski is asking for not
only more money but also now long-range
missiles specifically the Army tactical
missile systems or ATA CIA EMS that
Ukraine has been asking for for a very
long time these weapons by the way are
long-range guided missiles they're fired
from mlrs rocket launch pods and
launchers they carry an about 500 pound
frag Warhead fragmentation Warhead think
about it like a giant grenade and if a
maximum range of about 300 kilometers or
about 186 miles these should not at all
be confused with intercontinental
ballistic missiles icbms which have
ranges of thousands of miles Instead
This is a distance though that could be
practically functional for Ukraine given
that Ukraine would be able to strike
sevastopol a critical Black Sea port in
Crimea controlled by the Russians from
the edge of croissant this is a big deal
because it does mean Ukraine would be
able to strike over those mine and
trench Fields making it very difficult
to gain progress into russian-controlled
territory Tori you've got Senators like
Collins and Graham calling for just a
small portion of these long-range
missiles top of that the IMF is now
estimating that 90 of the oil and gas
production that comes from Ukraine
actually arises from Eastern Ukraine in
the denipro and donesque regions this is
a potential well desire of Russia to
control those natural gas and oil-rich
regions that may be one of the reasons
why the United States is fighting so
hard to preserve that particular area
limiting Russian access to these oil and
gas Fields Elizabeth Warren is now being
asked to apologize to Elon Musk because
she complained that Elon Musk was
basically moderating the Ukrainian War
by preventing Ukraine from being able to
attack Sylvester pool with starlink and
controlling their drones Elon Musk
responds and says whoa whoa whoa
international law does not allow me to
unilaterally make that decision decision
if y'all wanted me to turn on starlink
so Ukraine could go attack deeper into
russian-controlled territory that's on
the US government but they didn't give
me permission to do that so I just
followed the law other news the SEC says
binance is not cooperating with the
sec's investigation Finance is accused
of not cooperating with the SEC and
continuing to use sifu a custody service
of the international arm of binance and
the SEC says hey look we've been asking
for a ton of stuff and all you've given
us so far have been 220 documents many
of which are just unintelligible
screenshots and documents without dates
and signatures the concern here is that
CZ himself probably has a lot of control
over binance U.S assets which is exactly
what the SEC is trying to prevent to
prevent another FTX disaster Finance of
course argues that this is just
clickbait fud and is not true Finance
pulling a classic defense here arguing
that the sac is just conducting a
fishing Expedition quick primer on that
that's just legal code for saying that
hey we think what the SEC is asking for
is not reasonably relevant to their
scope of the investigation in response
to this the SEC is now moving to unseal
any documents that they get their hands
on from binance now this is a 4D chess
move this means that everyone will be
able to see the documents that the SEC
is actually reviewing remember the SEC
is accusing binance of a lack of
transparency by pulling this move taking
documents and then throwing them into
the public light the SEC with judicial
approval would basically be able to say
hey look world we asked this is what
they gave us here's what we asked for
here's what they gave us you make up
your own decision basically the SEC here
is trying to pull off a trial against
binance via the court of public opinion
now while it's unlikely for any major
binance fans to actually care and most
things will still get written off as Bud
especially since a lot of people people
don't like Gary Gensler or the SEC and
they're frustrated that the SEC has
taken so long to protect individuals
especially against actual fraud
especially when you look at other
companies that have collapsed the SEC
isn't here with Clean Hands either
everybody's kind of fallen behind the
eight ball and Taiwan semiconductors is
apparently nervous about demand citing
potentially a weaker economy slower
China and likely slower cell phones PCS
and durable sales this is not great for
a company like asml as well although
asml might just sell their products to
Intel since there's like a two-year wait
for asml products anyway however it did
lead stocks to slightly sell off in the
chips industry because there's concern
that all of the AI Buzz is just a big
bubble and TSM manufactures a lot of
chips especially Nvidia gpus however it
is possible that while AI is booming
which is exactly what Taiwan
semiconductors told us in their last
earnings call that that AI chip demand
from cloud service providers and
companies like Tesla Google Microsoft
Amazon otherwise is booming it's
entirely possible that other segments
are collapsing again like cell phones
PCS and durables which are things like
washing machines and well dishwashers
and we all know that real estate sales
have plummeted look in a market like
Boise real estate sales are down 74
percent year over year now that's not
prices those are nominal sales but it
just means less people are moving which
means less people are getting new
appliances and you end up with downward
pressure on across the board chip Demand
on top of that software companies
featuring AI are still struggling to
figure out how to make a profit
snowflake can't figure it out yet and
they're uncertain about the future of AI
profitability the current ones who are
making profit again are the cloud-based
ones the again Microsoft Amazon Googles
and then of course the under underlyings
like the Nvidia but look at a company
like Adobe Adobe just fell because their
AI tools weren't really boosting Revenue
they're expected to raise prices again
on November 1st which they just did 18
months ago so a lot of people are like
oh are you going to start cannibalizing
demand and then we're going to see lower
user numbers which could be a risk to a
company growing about five to maybe 10
percent projected beer industry
executives are apparently warning that
Bud Light May soon disappear from store
shelves in places like 7-Eleven quick
trip and Walmart but light sales are
already down somewhere around 27 that's
old news but some GMS of local
Anheuser-Busch Distributors are
suggesting that the boycott is lasting a
lot longer than expected maybe Bud Light
thought the woke movement might end up
blowing over but it has not in other
news some Vegas teens filmed themselves
driving a stolen vehicle into the back
of Andres prospes
bicycle as he was riding his bike on the
side of the road apparently his wife and
daughter received an Apple Watch alert
and ended up finding his lifeless body
this video obviously speaks to a greater
problem in America that people would
even find it acceptable to attack
somebody with a vehicle while they're
riding a bike it let alone film it it's
a complete disgrace and it's a sign that
our Criminal Justice System needs
substantial work now it's worth noting
that video of this bicycle attack with a
vehicle didn't surface until August 29th
of course then there's an easy way to
get popularity on social media and that
is to take screenshots of news articles
from earlier in August where people
didn't know yet that these individuals
violently attacked the biker with a car
and they throw pictures up on Twitter
going I can't believe the mainstream
media wouldn't mention that he was
attacked that data wasn't known yet at
the time the video wasn't available yet
at the time but if you want popularity
on Twitter something wild is that
community notes doesn't actually catch
up with this kind of stuff usually for a
good 48 hours and by then people have
got 20 30 40 50 000 likes making fun of
the MSM but then again I personally
think that sometimes the depth that you
get on just kind of scrolling through
it's not that great armed man also
threatened to assassinate RFK the
individual showed up to an RFK event
dressed in a black EMS shirt but then
having a U.S Marshals badge which is
kind of weird like why would you show up
with an EMS shirt and a Marshalls badge
like at least a line to do but anyway
showed up at a Hispanic heritage event
as a U.S Marshal dressed as a U.S
Marshal with two loaded cross draw
shoulder-strapped Firearms the man
claimed to be employed for the event but
RFK security didn't recognize the
individual and immediately called LAPD
rfk's security is Gavin de Baker and
Associates it's a company that RFK hired
to protect him they do private security
some people are suggesting this
individual was so loony that maybe this
was just a marketing Stunt by Gavin de
Becker others say no RFK just
desperately wants Secret Service
protection so he's pulling stunts to try
to get secret service production those
on the right to say or those who support
RFK say no this is just the body
Administration trying to step on RFK to
prevent legitimizing his campaign and
providing him Secret Service protection
instead now here's a real person coming
to try to assassinate him who knows also
a lot of you have really appreciated my
Daily Wealth emails my Daily Wealth
emails are something you can click on
the links down below for they're totally
free and what I'm going to do now is
we're every single day my goal is at 4am
to release a bottom line report and in
the daily bottom line report which is
what you've just been watching I want to
include a snippet of the Daily Wealth
email so here's an example one of the
Daily Wealth emails we sent out was the
question how can I make sure that I'm
successful and my argument is that in
capitalism we are incentivized to come
up with new ideas
the problem is those new ideas often
come with massive inefficiencies
and the beauty about capitalism is those
who succeed are the ones who find ways
to provide value or to make things more
efficient if you start now whether you
fail fast or you equip yourself to
provide value quickly if you start now
by asking yourself what can I do to
provide more value to my company to my
boss to the company that I'm helping
start whatever you can do to ask
yourself how can I provide more value
how can I make things less inefficient
and more efficient the more of a success
you'll end up becoming this is where
some go as far in twisting Kennedy's
line and suggesting ask not what
capitalism can do for you if you want to
succeed ask what you can do for
capitalism I hope you enjoyed the bottom
line report give me some feedback in the
comments down below and we'll see you
again at 4am tomorrow why not advertise
these things that you told us here I
feel like nobody else knows about this
we'll try a little advertising and see
how it Go congratulations man you have
done so much people love you people look
up to you financial analyst and YouTuber
meet Kevin always great to get your take
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