Revealing Our BEST Investment Strategies For 2022 | Financial Education Jeremy

Welcome back to the Ice Coffee Hour with, uh, me, Jeremy, and, uh, obviously you guys know Graham and Jack. And I'm guessing you guys have made $333,333.33 from this podcast in its eternity. Is that accurate? No. Dang. It's about half that. It's actually almost exactly half that. Yeah, we made $165,700 from ad revenue so far. Wow! I really thought it was higher. You guys have been doing this for a long time. And this is your fourth time coming on. Is it the fourth? I think it's the fourth. It could be fifth or sixth, honestly. I It's been so many times. I know I went at least when you guys were in California, at least twice. Yeah. And I know we've done at least twice out here. So, I'm thinking this is probably number five or maybe number six ever. So. It would have been funny had you introduced this to, uh, "Welcome back to, uh, another episode of Millennial Money Way." [laughter] I'd be like, "Oh, wait." Wrong show. Wrong channel. I knew we didn't have it cuz we don't have the candles set up here like we've had for Millennial Money lately. So, yeah. Seance. Oh, the seance. We need those for this market right now. So, yeah. Oh gosh. For those that don't know, you are a stock market investor. You have a YouTube channel with now almost 800,000 subscribers. whoa. Okay. Not just a YouTube channel. It's multiple YouTube channels. up. You have three YouTube channels. You talk about investing, growing your wealth, personal finance, and, uh, you're a member of Millennial Money. Yes. Yes. So, I'm I'm I'm happy to be here and, uh, yeah, as far as me, I mostly focus on buying the dip and in stocks, as you guys know. And that's, uh, what I preach on the channel all the time. We talk stocks all the time. Used to be a little more other finance, but now it's just stocks, stocks, stocks every day. So, um, that's what I enjoy. And right now we got a fun time in the market. It's, uh, a lot of volatility. Everybody's wondering, are we going for a crash, a recession, everything like that. So, it's making for some good content. I'm having the most fun. Let me let me say this. I'm actually the most uh, in the best place I've ever been when it comes to YouTube videos right now. I am uh feeling great. I'm so energized to make content right now. And believe it or not, last year at this time when the market was doing great, and you had, you know, everybody getting excited, uh that was a time period I actually didn't like uh for YouTube content. Right now, I'm like having so much fun. Like I look forward to making two, three videos a day. It's It's a blast. It's just There's a lot of drama, man. It's It's interesting. The higher your portfolio goes, the less motivation you have on YouTube. And when it flips, Yeah. you turn into free money. Yeah. Let's go, baby. The worse your portfolio does, the better you do on YouTube. I know. Well, last year a lot of valuations got insane. And so, that made it for like I I stopped even buying a lot of stocks. Like in the stocks I was buying uh late in 2020 and in 2021, the the first part of it, Walgreens, JP Morgan, like the most boring stocks out there. Right now, I look at a market where there's deals all over the place. And so, that to me, that that signals fun. Um so, I think that's why I'm having a good time on YouTube. Like last year at this time I was thinking about quitting. I was legit were doing I mean, your YouTube Jeremy was going down to like one video a week. Didn't you go a while in your your main channel without posting for a while? Yeah, I don't think I posted on the main channel for like two months, or at least a month, maybe a month or two. And uh yeah, I was just really getting demotivated by the market and the euphoria in the market and uh you know, every stock was going to 10x and these sorts of things. And so, uh you know, we're in the complete opposite of that market now. And so, I think that's what's created um a situation that I'm actually enjoying it more. Did you feel left out back then that everyone else is kind of picking these stocks that were doubling and tripling and you're you know, sitting on the sidelines kind of like missing out of that rally? Yeah, I mean, I had a a lot of obviously I've always had a lot of money in the market. So, I was still participating, but I wasn't participating in those uh let's call them sketchy stocks or those sorts of stocks that were like had no business models that were thriving during that time. So, I never really feel bad at a particular time like that, or even a a market like we're in right now where things are downtrending and you buy a stock and then it's like it just went lower. It just went lower. Um I never try to let that affect kind of the my mentality cuz if you do, you're going to end up making worse decisions in the end. If you're going to end up start feeling FOMO in a FOMO market or you'll start end up panic selling in this sort of market. So, I tried my best just to not to not let it affect me. At this point, does it have any emotional effect when you see like, you know, hundreds of thousands of dollars of swings in your portfolio each day? I would say no, actually, believe it or not. No. Um [clears throat] I think I've just been doing it so long. I think that's the thing. I've been doing it for so long and it's it's always been like a gradual rise for me. And so, because I've been doing it for so long, I just not even really phased by it. It's like if the market's down, I don't know, 5% tomorrow, it's like, okay, cool. I'll buy some stocks. Um but then in terms of me getting high, you know, highs or lows off of that, not anymore. So, um but there I'm sure there was time periods in my life when I was an earlier investor, it felt really good. Now, if I hit a new milestone, it's like, uh you know. Yeah, but what about a lot of the stocks that you've picked? Uh Tattooed Chef, Planet 13, SmileDirect, uh Corsair. A lot of those those stocks that you that you invested in have gone down a lot substantially. How does that affect you mentally to see those declines and then think that like we're we're we're, you know, trading at a good value and then they drop even further and you're like, well, I bought more, but it drops even more. Yeah, uh so first thing I try to go back to is what's going on with the underlying fundamentals of the company. So, I look at it and I'm like, okay, what's the what's going on with Tattooed Chef's actual business and is that being reflected in the stock price? That's the first thing I focus on or Honest or whatever, right? And so, that's why I do a lot of channel checks and sometimes people laugh at me. Like, I go to Target stores several times a week here in Vegas. Drive around to Target stores literally. I spend hours out of my week driving to Target stores, going to see Tattooed Chef items. I go to Sam's Club, Costco, all these different stores. Uh yeah, I know, it sounds absolutely ridiculous. Uh you know, unless you're really like into this stuff. I go I check out the Honest section. I we take pictures. And what are you looking for? I'm looking for uh seeing like new SKUs coming in. So right now Tattooed Chef's getting more SKUs into the target, which a SKU is essentially a new product. So right now they're getting more products, more shelf space, which is like a huge deal. Imagine Jeremy sitting there like out front of the store being like, "Hey, do you guys buy some Tattooed Chef?" He's just trying to like [laughter] sell it out, just throw it in people's carts as they walk by. Hey, take that. Take that. He's trying to get some items off the shelf there. There was a so this is a probably 2 weeks ago I was at a Target store and there was a female she was looking at the Tattooed Chef stuff. And I stood in the freezer aisle, I kid you not, for 5 minutes waiting for her to hopefully make a decision. I pretended I was looking at something else. Just standing there like, you know, like a enough away that I wouldn't like spook her. And she wouldn't she wouldn't make a decision. And finally I was like, I I don't have the time to like continue to stand here so I went and went somewhere else. mention anything? Why didn't you talk to her? Because I wanted I didn't want to mess it up. I didn't want to I was like, maybe she's going to well maybe she was going to buy one. She was looking so intensely at the everything. You had to you had to see if it had enough natural appeal, right? yeah. And I was like, you know, so I never know if she actually bought it or not. But I I was I was waiting for 5 minutes. me, Kevin's wife. [laughter] She's like, "Should I buy the Tattooed Chef? Oh no, wait. No, I'm not No, Kevin doesn't need that." [laughter] Oh gosh. But but you know what? Why wouldn't you have gone up to her as she was walking away and be like, "Hey, saw you looking at the Tattooed Chef. I'm invested in the company. Can Can I ask you like why you didn't want to buy it?" Like No, it wouldn't. I don't know. I would I would have I feel like standing and staring at a lady for 5 minutes I have I have good I have good peripheral vision. Maybe she was going to walk in your position after And she was so freaked out she's like, "I'll just keep looking [laughter] at this Tattooed Chef." Yeah, I'm not going to go buy the broccoli over near this creepy man. I don't make any sudden movements. I'm just going to like wait here for him to leave and And didn't leave. She's like, "All right, I'm going to slowly exit." [laughter] Imagine she owns the stock of whatever company I was pretending to look at and she's like, "Is that guy ever going to make a decision?" to look at something, too. Oh, god. Yeah, I want to talk to her and figure out why she didn't make the purchase or like what it was about the packaging or like the pricing. Did she Did she take it out of the freezer and like look at it? at several while I was there. She would like take it out, like look at it, like is she? Uh I would say probably 30s. Wow. Yeah, I would have guessed someone like in their 70s just gone Just like read the whole thing. Yeah, [laughter] Oh, gosh. She She obviously didn't like something on there, but like the calories or It wasn't an easy sell, [clears throat] right? And that's a problem, isn't it? Well, hey, I'm not going to make my judgments off of one lady that was in an aisle for 5 minutes, but it was interesting to see she was at least looking at the product. I don't know. But anyway, [clears throat] so tracking sell-through, to get back to that, seeing like if things are running out and those sorts of things. And we even do things like we'll count how many items they have and then go back a day later and see how many items they have. Oh, they have 11. Oh, they have Do you do that or do you send someone? Uh I won't usually go to that extent, but we do have people in the private stock group that do that. They'll count it. They'll go back the next day and they'll be like, "Oh, there was 11 of these, you know, yesterday. Now there's six or now there's eight or whatever." How is that at all like I feel like it's only relevant when you compare it to other like to its competitors, right? But you have to do that like across the country. You can't just do like one grocery store who happens to be in one location from one person. As with all things in the stock market, it's not a perfect science and you can't just say this one thing is going to determine whether this is a successful investment or not. saying like your ROI from doing that is probably pretty low. I know. Like you could do anything else and probably make more money than that. Uh [sighs] that's what you could say, but it's about putting in the work. It's about putting in the work, okay? And the more work you put in, maybe the the universe gives it to you back, you know? And maybe helps you out a little bit, so I don't know. But that that's that's what I spend part of my day doing. But first, I'd like to thank our sponsors, Storyblocks. Alex, your editing lately has been fantastic. You must be putting in a lot of hours. Thanks, man. I love spending countless hours finding the perfect b-roll for my favorite boss. [laughter] Little does Jack know I spend barely any time looking for b-roll because I have Storyblocks. First of all, Alex, I can hear you cuz I'm right here. And second of all, what's Storyblocks? Storyblocks is a subscription service that actually gives you instant access to millions of royalty-free HD and 4K footage, templates, images, sound effects, you name it. And finding the right piece of b-roll, such as this, is one of the most challenging, time-consuming, and crucial parts about being an editor. But with Storyblocks, that's no longer an issue. Investing is a huge part of our job, and one of the best investments I've made is Storyblocks. The time and energy I save, on top of the increased quality of content, is truly priceless. And best of all, Storyblocks has affordable and scalable pricing plans. You can start creating with the tools that you need without having to worry about a budget. Plus, their unlimited all access plan lets you download unlimited assets from all three of their libraries. Creativity really doesn't have to be so taxing, and you know how much I hate taxes. So, take your editing to the next level by going to storyblocks.com/ich. Once again, guys, storyblocks.com/ich. We have a link down in the description. Thank you so much, Storyblocks, for sponsoring this episode. And back to the podcast. But as far as prices declining, how does that impact you? Do you ever get worried to the point where it's like, well, like what if this is the new normal? What if it stays like this for 10 years, or it just keeps declining, or I worry about I worry about the the overall economy, you know, like if we were to go into a massive recession, that was a multi-year recession, or something like that. That's usually my worry. If we're in a good economic climate, um, you know, I'm I'm not very, very worried. Let's put it that way. Uh, especially for any of these sorts of stocks that I own. They can only trade unsustainably low levels for so long. You know, it can last for a month or maybe even a year, but it's unsustainable. And just like last year at this time, uh you know, stocks got to very unsustainable levels. Like PE ratios reached like, you know, parabolic levels and things like that. And if you looked at like a forward PE uh through like Yardeni Research or whatever, you looked at forward PEs of uh you know, small cap stocks or large caps or mid caps, they were trading astronomically high at this time last year. It was unsustainable. And right now, if you look, they're trading at their lowest levels they have in over a decade. Over a decade for mids and small caps. And so, when I look at that, that makes me feel pretty darn comfortable. I do worry about, okay, what if we had a multi-year recession? But outside of that, you can only have stock prices trade unsustainably low or high for so long. And then it breaks trend. there a worry of opportunity cost where if let's say your money's tied up in like Corsair, Tattooed Chef, and and SmileDirect, Mhm. that there's the opportunity cost of these other companies that might do better in the short term. Or at least better over the next let's let's say one to three years. Yeah, so there's a there's a few frames of mind from that. One is do you want to get caught up into making short-term decisions, right? I'm always trying to make the best decision over the next three to five years. That's always my thought process going in. What's going on with this company over the next three to five years? Past five years, I don't really know cuz that's too far in the future. And if I'm making a bet for a year, that's pretty darn short-term to be honest. So, I'm usually thinking three to five years out when it comes to these companies. And I'm trying to make the best decision for the long term when it comes to those. And you know, back to the rest part of that question. You know, what was that again? I'm trying to remember. you worry? I mean, is it Do you Do you have a concern for yourself or like what what if these just keep falling? Oh, no, no, no. Yeah, I I I I stay focused on long term and then I just I look at the fundamentals of underlying companies. Oh, and I remember the other point, you know, you were kind of going across there. What if it was a better stock or something like that, right? Well, what is that better stock? You know, look at Facebook after hours today, down 24%. Look what just happened to PayPal. Is that the better stock that just went down 24%? Look what happened to Netflix. Netflix got slashed 24% on their earnings, right? And so, you know, I I don't really um go into the notion of, you know, oh, maybe it'd be better in these stocks or something like that. Look at bank stocks. A lot of those are getting close to 52-week lows now. So, I think in this sort of market you got to stay with what you believe in for the next 3 5 years and and and basically put blinders on for everything else out there cuz I think it's just you're you'll end up uh Kevin O'Leary today. Kevin O'Leary goes on CNBC. He was a PayPal shareholder. He got devastated in PayPal today. It was down like 25%. He says, I'm done. I'm selling PayPal today. Um putting the money in Facebook. Facebook goes down 25% after hours. So, that's the type of ridiculous moves people make in this sort of market where they're just not thinking. It's like, okay, you just got slashed 25% on PayPal. Instead of buying the dip, you're going to sell, put that money in in Facebook, and Facebook's just got slashed 25%. So, um you know, at the end of the day you just have to put on blinders in this sort of volatile market and and stay focused on the the ones you like. bought PayPal though. Yes, I bought PayPal on the huge dip. I was shocked to dropped more this morning. Yep, and I bought a lot more. I put another 30,000 in this morning at like 130. What did you buy after hours yesterday? 15,000, then I bought another 15,000 as it dropped more, and then I dropped another uh 15,000 as it dropped more, and then I put another 30,000 in um this morning when it was down low. And my plan is if it falls to 126, I'm going to buy another 15,000. If it falls to 121, another 15,000. If it goes to 116, ready, Jeremy, cuz Jack's buying it immediately. Yeah, I'm getting Jack's buying it immediately tomorrow. [laughter] Please do not buy PayPal. Why? Please. It's going to cuz it's going to be another Robinhood tomorrow. I don't even have any money anyways. [laughter] That's good. Jack, come on. You Why don't you have any money, Jack? Tell us tell us what's going on. He spent it all on a Miata. No, I put it I put it all in Robinhood stock. [laughter] Did you really, Jack? I put a lot in. Did you? How much did you buy of Robinhood? Like $15,000. 15? Yeah. That's not It could be worse. What do you mean that's not? That's a lot of money. Yeah, I put a lot in Robinhood and I was wondering I was like checking my bank account and I'm like, "Where is my money?" I don't know where [laughter] it is. And I [clears throat] think what it what where it went is a month or two ago I just like sent a bunch of money to M1 Finance. Okay. Yeah. And what what what do you do with M1 Finance? Uh well, Robinhood. Okay. No, it's a it's a it's like a little bit of Tesla, a little bit of AMD, and then mostly like I think it's a VTI and like VUG. AMD's looking good, by the way. That's one of the very few stocks that's holding up in this market. So Yep, so it my M1 Finance account is like okay, but my Robinhood account is suffering. Yeah, it's suffering. [laughter] Suffering very badly. It's suffering very badly. Yeah, now there's rumors PayPal might in the back half of this year Robinhood SoFi continue they might try to make a move on on Robinhood or SoFi. That's just a rumor though, we'll see what happens. I cannot see Robinhood being sold to PayPal. I mean, but watch me eat my words. [laughter] Watch me a year from now. Someone will take that clip, use it, and it'll it'll have happened. I would rather see like an Apple I don't know like an Apple or like a Google or like a big a big five company swoop in, take them, and then integrate them within like a bigger service. Robinhood might need to like rebrand everything. Yeah. They need a big brother, honestly. Yeah, I think if they got acquired by a bigger company they change the name, they try to make it a little bit different. So that way when people log in and they they join they don't think of Robinhood anymore. They think of oh there's a new company they're trying to make these changes. Yeah. No, that would that might not be a bad idea at all. But the hood, you guys still use the app both of you or not anymore? No, [snorts] I I don't. You know I still use it. use it? Okay. Yeah. You have to admit though for options they're an easy platform for options. They make it they make it so simple. And margin, too. And margin, and I still see I still see on on Wall Street bets, people are still posting Robinhood screenshots. Wow. You're not seeing you're you're rarely seeing them from any other brokerage. So, it goes to show you I mean just how uh how Robinhood is being used right now for options. Jeez, man. Uh you By the way, Robinhood fell nine to nines after hours that day it reported and today I think it's at 13 or 14. So, it may not be a 30 40% jump like in a snap of fingers. Crazy. Yeah. But um but yeah, nonetheless, you know, that's kind of the way I think about the market. Stay focused on the long term over the next 3 5 years. This is a lot to be scared of right now. You got the Fed, you got recession fears, you got companies not really giving guidance. Uh I think there's a lot to be scared of in this time, but um you know, the best the best thing you could do is just focus on the next 3 to 5 years. So, that's kind of that's kind of my opinion on that. I find it surprising that you don't panic or you you don't get at all concerned about the stocks going down. Yeah. No. Um I I think it's just the experience. That's the thing. Uh you know, when you've been doing it for so long, I think that's what it really comes down to. I think if you're a newer investor who's just kind of started to get rolling in this, I think I think it's very easy to get panicked. Um you know, I've held a lot of stocks in my time that are very controversial companies. I've held a lot of stocks that had huge short interest. I've held a ton of stocks that have went down 20 30 40% on before. So, for me to go down in stocks like that's expected. I almost I catch falling knives all the time. So, you know, think about some of the stocks I've been in even in my YouTube career. GoPro, which went obviously dramatically bad, right? Tesla, which was the first year I was investing in that was a drama show. Elon Musk with the SEC, all that. Um obviously been through the crash, getting started in the crash, been through corrections. I think I've just been through so much that I think that's what gives me the confidence to kind of hold through. But you also must have some like personal practices that keep you so level-headed and calm because every time I I see you, it doesn't matter. Like I I Oh, I used to see you more often when I lived with Graham, but I every time I still see you, you're very calm and collected. What do you do in your own personal life [laughter] to stay so calm and collected? Like do you like meditate? Do you get like a good amount of sleep every night? What is it? Yeah, so sleep, yes. I always get 6 to 8 hours every night. I go to bed super late, but then I wake up kind of late, so I might go to bed at 2:00 a.m. and usually wake up like 9:00 a.m., maybe 10:00 a.m. if I sleep in a little bit. So I always get a healthy amount of sleep. I meditate every day for about 15 minutes before I go to bed. That just That helps with like anxiety and those sorts of things, which I think is something that, you know, in this sort of market, you need that, right? Mindful meditation helps massively with like stress stress relief and anxiety. And in this sort of market we're in right now, there's a lot of stress and a lot of anxiety. I think that gets the best of people. But at the end of the day, like I said, I think a lot just goes back to experience. If you've been through it and you've been going through it. And the thing for me is I've been doing it so long and I've just kind of climbed the ranks. It wasn't like I went from like, you know, a super small amount of money to like an like a huge amount of money. The first time I had six figures in the stock market, I was 23 years old. 23 years old with six figures in the stock market. 24 I hit 200k in the stock market. And you know, then maybe 28 I hit a million or so, 28 29. So my my, you know, kind of moves up is has been I would call it gradual, whereas you know, if you just flood in a bunch of money, let's say you're already a millionaire and then you flood some money in the market, I think it's really easy to get scared. So but as far as me, those are some of the practices I usually do. When did you start meditating? I did that I started that Let's see, that was about a year and a half ago. Yeah, started meditation about a year and a half ago. And that was definitely amazing. You know, I'm I'm happy I found mindful meditation, cuz I always was somebody that dealt with a lot of anxiety and like over worrying about things and those sorts of things, so um I came across mindful meditation and my gosh, that was a you know, a life changer I would say. Um cuz the structure of your brain, you can actually change it. I don't think a lot of people realize this. You can actually change the way your your brain functions. And um I actually started diving I never you know, I didn't even think about that. I thought like the way your brain is or how you think is like just like how you think, right? Um but it's not. It's like just like you can transform your body to be more strong or more fast or you know, get a six-pack or whatever. You can do the same thing with your brain and I came across a Wim Hof method probably 3 years ago and that's what started me down this cycle of like you could actually change your brain. You could change the way you think, the way you behave and those sorts of things. And then uh about a year and a half ago is when I came across mindful meditation and that was kind of like the the next level of like understanding uh how to strengthen your brain and the science-based uh you know, advantages that is is astronomical. I would say anybody watching this, look into it. It'll I there's no hurt it will do to you and it'll only Walk us through the process. How did How did you learn about it and how do you do that? How do you do What does it mean to mindfully meditate? Mindful meditation, what it is essentially is you know, imagine you're you you know, usually I just go to my closet in the dark and just sit down. And um what you do, you close your eyes and you know, you're usually always going to be thinking thoughts, right? And your job is essentially to focus back on your breathing. So, you're going to think about something, then you focus back on your breathing, focus on your breathing. Your mind's going to all of a sudden drift from thinking about breathing to thinking about something else. Then it's you're up for you to say, you know, basically in your head, thoughts and then bring it back to your breath work again. Um or maybe you hear a sound in the house or something happens and you you process that as sound. Uh and then you start, you know, focusing on your breathing again. And so it's training it's essentially like you would train your body, you're training your brain to not over over obsess about things that aren't relevant or whatnot and understand um you don't have to have compulsive thoughts or or something like that. So, that's something that it personally helps me with. It does help with focus as well, which is something I always had a lot of trouble with uh in terms of uh focusing on a conversation or something like that. That was something I used to have a lot of trouble with and I've noticed my focus has definitely improved since I started mindful meditation cuz uh you know, there's a lot of times where I would be there but not really be there. Do you know what I mean? Like you're you're talking to somebody having a conversation. You're kind of like giving the vibes like you're you're in that conversation but you're not really in that conversation. And uh last thing I've seen some improvement with is is memory. I I definitely can remember things better than in the past and everything's not as much of a blur. And I can remember specific things I said to somebody or specific things that happened, which is uh helpful because, you know, especially if you're in a busy lifestyle, you it can start to just become like a blur and you're like, "Dude, I can't even remember what I ate yesterday. I can't remember what I did." And um you know, that's not a fun way to live, you know, cuz then you're just like, "Oh my gosh, why do I need to remember what I ate yesterday?" Yeah. Why do I need to remember that? Like, I don't know. I feel like my mind could go without these little details. Yeah. Cuz then it's like, "Well, you know, I don't need to retain that info." But it's also about like conversations you have with people um meaningful things that that happen. Being present, that's a huge thing. It helped me be more present and like enjoy like sounds crazy but like little stuff, like birds chirping or whatever. Like that's type of stuff. You you know, when you're when you're so you're in your mind so like obsessed in this this weird state, you stop even paying attention like nature and like uh you know, good things going on and whatnot that uh us as humans I think just crave. And um you know, so so anyways, this this has been a lot that has changed for me for the better and I would say overall I'm I'm happier. And the reason I think I'm mainly happier is because of not having to worry about things constantly and over obsessing over whatever is going on or whatever. What were you worrying about previously? Oh my gosh, everything. You know, it it didn't matter if there's ever anything in my life that went wrong, um you know, I would I would just over obsess about thinking about it, constantly worry. Like, "Oh my gosh, this could happen, this could happen, this could happen." Um into a very unhealthy state, you know, where you just have obsessed obsessive thoughts about things that are going to go wrong or could go wrong. This might go wrong. You know, what if this happens? Oh, what if this this light falls on my head and I die? You know what I mean? Like, it's just ridiculous thoughts that don't even make sense, but you you know, I'm sure there's people out there that have gone through that. And that's where, you know, I kind of reached a breaking point. I'm like, I got to figure out a way out of this. And that's how I came across mindful meditation. I was I was heard about it, but I never really knew about it. I heard about it and I was like, uh I thought it was just some some, you know, whatever thing, you know, that some people do. And then I what got me was I looked in the science-based facts around it. And what that cuz I was like, "Well, if somebody says it's good, maybe they just it's in their brain that like they're like, "Oh, that that helped me out." But when you look into the science-based uh things, that's what got me into it. And so, Have you done that, Jack? Mindful meditation? Yeah. I tried meditating probably a month and a half ago and I was doing it every single day. And I was like listening to something too, like a a guide that would walk me through it, you know? And I did the the introductory course for it, which I think was like seven or 10 days. And I then it came was like, "Oh, you got to pay." And I was like, [laughter] I stopped. It was helping, too. I It's everything's free on YouTube. I I don't know. I I should have just YouTube. Yeah, yeah, you're right. I I I tell myself all the time, probably every day that I got to get back into to meditating. Do you It's your sign. I used to. And and [clears throat] why did you stop? Cuz it helped, and then I thought I was cured. Yeah. That's a problem. It's just It's mental health is just like physical health. And I think that's the way people are going to start viewing in the future. I don't think that's the way it's been viewed as a the past. But just like, you know, going to the gym, right? You could get overweight, and then you you go to the gym, and then you get down to like a healthy weight, and you're like, "Ooh, I'm feeling pretty good about myself." But then all of a sudden if you break it, you're going to gain that weight back. So, same thing with like mental health. If you get yourself to a good point because you're doing something, you got to stay strong and keep doing that thing, otherwise you'll end up relapsing and you'll get into a weakened state again and then your brain won't be in a good place. And so, you got to you got to keep it up if you want to stay in good shape. That's how I look at it. You kind of got your physical shape and then you got your mental shape. So. What do you think led to you being so nervous and anxious about random things? Do you think there was something that happened or something like growing up or maybe this is just how this has just been you since you were a child? Yeah, I mean, I think probably my family circumstances growing up um definitely could have you know drove me to just be you know have more anxiety as a as a kid. I think some of it's probably hereditary, you know, like it's you're you're born certain ways, right? And so, I think some people are are more likely to um you know have those anxiety type thoughts than than other folks maybe. Whereas other folks just you know that doesn't even hit them. They they don't worry about anything. You got some people that are fearless, right? Like they don't get scared of anything. They don't fear anything. They don't have any anxiety and they're just kind of like naturally like that. Like they don't even need to try. And you got other folks that that really had problems with that. So, um you know, I think some of it's just probably lifestyle growing up and then I think part of it's just um maybe maybe the way I am, you know. And do you think it's partially that anxiety and that like nervousness that led you to like want to do so much with your life and like become like a multi-millionaire and like achieve great things? I I don't think so. Um first off, I'm a Scorpio. So, if if you don't know about Scorpios, look them up, okay? Look them up. Look them up sometime, okay? But yeah, I think for me, you know, I just love I love competition. I love competing. Um I love playing games. I love winning and losing. Jack, you know this cuz we we play tennis many times and you know I can get very very competitive. And I just love that and even if you beat me, like I'm like, "Okay, you know, I would rather compete and lose to you than not play at all." And so, for me, money's kind of a you know, it's it's a game, you know, it's a fun game. And that's kind of the way I look at it. And there's certain things I'm trying to do in my life, obviously, like I'd love to be able to make crazy amounts of money and give it back to charity and things like that, not just give it to my kids so they can ride around on yachts or something like that. Um, but that's kind of that's kind of the way I think, and I'm like, you know, uh, to me it's just very motivating, you know? And I think that's I love business. I love investing. I love those sorts of things. It's not like it doesn't even feel like work for me. I'll listen to a conference call in the bubble bath last night, you know? It doesn't It doesn't It doesn't bother me. So Bubble bubble bath? Yeah, bubble bath. another trick? I I Yeah, I take at least, uh, two to three baths a week. Yeah? Do you really? Bubble bath? Yeah. On a conference call? That's awesome, dude. Yeah. Mhm. Yeah. Yeah. Is it just you? Uh, usually, yeah. Yeah, usually. But sometimes, [laughter] you know. I'm not going to say. We need We need to some some nice romantic music, some Barry White in the background. Nice. Oh, gosh. So, yeah, you know. [laughter] The reason I had three kids, you know what I mean? Oh, wow. Wow, that's fire. Spea- It's been a while since you just had a third child. Yes, indeed. Yep, number three, uh, baby Axel. So How did you pick the How did you pick the name Axel? Uh, well, so we tried to come up with somewhat creative names for all the kids. And so, um I don't know. We We were just thinking and then we came across that name and we're like, oh, that That's That's pretty different. Like, how many people you know that are named that? And we're trying to think of a four-letter name cuz other kids have four-letter names as well. So, that's how we came up with that. But, yeah, I I didn't think I would be a father of of three. So, I didn't picture that in my life. I also started having kids way younger than I thought. I thought I would probably start having kids in my 30s. That's how I really thought. And then I ended up having, you know, one kid at 24, one kid at 20, was that 27? And then, obviously, this one a little late. that would be in a year from now for you. That's That's crazy. Imagine [laughter] in one year having I could not imagine having when the baby was born? Yes, 24. Yep. Yeah, so actually, Jack, that would mean like now. Yeah, so she you have she was pregnant when I was 23. Wow. Yeah. See, I can't I cannot imagine taking care of a child or like a pregnant wife right now. That would just be like so much for me. Yeah, I think I think people make it out to be a lot bigger than it is in their heads. Like, "Oh my gosh, I'm not ready for that. I'm not ready for that." And it's not as big of a deal as you think. it's a pretty big deal. It's not. It's not. I I think I think especially as men, I don't think And even women are like this. I think you know, I don't think you ever feel like you're ready. Now, I'll be clear about that. There's never going to be a time point where it's like, "I feel ready to have kids now." It just doesn't work like that. Um you know, you'll never feel fully ready. You always feel a little unconfident cuz it's it's a big responsibility. It's like, "I'm bringing somebody into this world. I've got to try to keep them on the right track. I've got to try to teach them all this stuff and whatnot." So, it's it's a huge responsibility, but you'll in my opinion, you'll never feel ready. Um you just got to do it. And and then when it's there, you're like, "Oh my gosh, this is like the best thing ever." So, um you know, yeah, I can I can say confidently I look at back at my life, you know, my wife and I talk about this sometimes. It's like, "What did we do before we had kids?" Like life like when I look back, I'm like, "Man, it's so boring." Like, "What did we do?" Like go out to eat or something? Like, you know what I mean? And then And then once you have kids, it's like there's so much fun. They can get annoying sometimes, but they're so much fun that it's like your whole life changes and and yeah, it's enjoyable. So, but you'll never feel like you're ready. I'll just I'll just put that out there. So, Mhm. Yeah. Interesting. Guys are like, "All right, let's keep it going." Tell us about the hungry bull app, Jack. What's going Oh, my gosh. That's my fourth kid. Yeah. Yeah, yes. Give a background on the hungry bull app because this has been a long time in the works and it's been draining a lot of money. Oh, my gosh. It's been draining You've been making a lot of videos on your money-losing company. Yeah. Oh, I got to get back to that. I haven't been doing that. Thanks for reminding me. Yeah, so basically you take a pile of money and you burn it. Yes, exactly. That's basically it. The bowl is hungry, okay? Uh yes, so Hungry Bowl, you know, we came across that concept, I don't know, maybe sometime around this time last year, roughly, around doing a newsletter, then it we built it into an app, got the app launched um in August, about August. And uh it [snorts] was a really rough at that time, but people stayed with us, we just continued to improve and improve it. And uh man, it's been a lot of work. I could tell you that. It's a lot of work, you know, if anybody is thinking about starting an app or or anything like that, it is so much work to try to make this thing successful. Um a lot of people have been putting in a lot of time, and um you know, we're making progress, but you know, it's definitely not just like uh I think I maybe was a little naive going in. I think if I if I I think if I knew what I know now, I wouldn't have done it. I'll be honest. Um but with that being said, sometimes ignorance is the best thing ever, right? Because if you know what you're kind of in for, you're much more likely to be like, "Ah, nah, forget that." And then you never push through to reach something, right? Um kind of like YouTube. YouTube, I put out 100 videos, uh and I maybe had 1,000 subscribers, 100 videos. If I knew it was I was going to put in that much work and get that little out of it, I think my first year on YouTube I made like 1,000 bucks, maybe max. Um and so same thing with the Hungry Bowl, I went in I think a very, very uh you know, ignorant in the situation, and I thought, "Oh, you know, this is we're going to make this work. It's going to be, you know, a year from now we're going to be at this is incredible place." And I'm just like, it takes a lot longer to build things out the way you want to build them out. It's tough. You got to keep people motivated. Um developers are so in demand right now, it's incredible. And um they have all the power right now. And so, yeah, it it's it's a grind. It's something I committed to for 5 years, so I'm still staying with it. 5 years? Why Why 5 years? Well, I did understand going in it was not going to be I I didn't know it was going to be this hard, but I also understood it wasn't going to happen like tomorrow. Like you look at almost everything that's, you know, been successful, it usually takes time to really get it up to a level um that it's it's doing great, right? And it's in a great place. If we even think about our YouTube channels, like the first year definitely wasn't in a great place, right? Uh year two, things start to really click. Year three, okay, now now it's really starting to get going. So that's the same exact way I looked at the Hungry Bowl. I'm like, the first year is going to be really rough, you know. Um year two, hopefully you start to make some progress. You're like, okay, we're get we're getting somewhere with this thing. And then year three, hopefully is that year where you're like, okay, we're doing this. Like we're And so this year for me, I told the guys this. I said, if we make it through this year, we're good. Uh we're we're going to be on the way. As long as we make it through this year. Um but yeah, man, it's a it's a lot of work. We grind on it. Thank you to everybody that ever supports Hungry Bowl. Uh we appreciate you guys. We got a hopefully a website coming at some point this year. And hopefully just going to make the app better and better. And thank you everybody that leaves us a review on the app store. It means a lot. Means a lot. Um we're trying to do something special there. And and There was a guy Uh I heard earlier who spent $5 billion in the UK to build out a stock brokerage. Wow. $5 billion is how much they've spent so far. Yeah. Jeez. And I'm thinking to myself, jeez, $5 billion, you may as well like what's the point of building the brokerage? It's like you spent $5 billion so you could get $5 billion. I'm like, you already have $5 billion. Yeah, exactly. build a brokerage. That's so insane. $5 billion. gosh. Wild. Jeez, I don't even know how that's possible. Yeah. [laughter] I have kind of an interesting proposition. Okay. So you said that you kind of suffered with like anxiety and nervous system stuff like that. And I know that Graham has something that's similar. Mhm. And I'm wondering I have a step tight. That's all. You have a video on YouTube titled My Struggle with Social Anxiety. Not anymore, but I but I came you know Oh, you solved it. I solved that. Yeah, it's gone. Just put it on. You just practice putting yourself out there. Right. Got it. Well, I I have a theory and I think disproportionately a lot of people that are very successful struggle from anxiety and being nervous and stuff like that and because of that it pushes them to achieve more because they want to they have either like a scarcity mentality or they just somehow feel inferior and feel like they need to compensate by being successful financially. What do you guys think about that? Woo. Um Sounds like something a broke person would say. I'm kidding. [laughter] No, yeah. I mean, I don't really have any thoughts about that. I think different things drive different people to be honest. Um you know, I I can't speak for other people, but I I know for just me personally, you know, I love business and investing so much, you know, like ever since I really started to dive into it when I was in college, you know, it was just something that like right away like I always hated school. I was a horrible student. I graduated high school with a 2.23 GPA. A 2.23, so for those of you who don't know that's very bad, okay? [laughter] And you know, and then and then I go I go to community college and I start taking like business courses and whatnot and I start getting like A's and B's and I I just I always enjoyed it even like accounting, which accounting is is a subject that you know, I think a lot of people do not like, you know, reading income statements, balance sheets, cash flows, all sorts of things, right? And doing accounting for companies. I took three levels of that. And I thought that was fun. I think because at the end of the day it came down to money and it was like business related and so I even found fun where I never I always hated anything math related, right? In school like that was one of my worst subjects, but I enjoyed it so much and so for me it it was kind of like I just found that as a passion and I've always been obsessed with business and investing ever since. And I'm always very obsessed with like anybody who's very successful at anything. I have just a great appreciation for people that are really on top of their game, you know, where they're like they're the best at their craft. I I love sports and like uh know, I always love watching Tiger Woods play golf. I don't even like golf, but like the how dominant he was back in the day or you know, any of these athletes, Tom Brady and whatnot. It's like I just appreciate anybody that's that great at something. So, and Graham on on YouTube, how great he is, you know, we just appreciate him. He's in the Hall of Fame, so. [laughter] But uh yeah, that's kind of my thoughts on that. So, I don't know if you have any thoughts there, Graham. Yeah, I Graham, I've always been obsessed though with like uh with with saving and then and money and investing. So, I've always always been gravitating towards that. Uh even as a young age, I'd collect like I would look through the change and I would I'd and I knew that my grandpa told me there's a 1909 SVDB penny. And those pennies are worth like $2,000 and I'd look through all the pennies at like 6 years old to try to find that 1909 SVDB penny. You're not You're never going to find one. But but just in case it was there and I'd like collect when the state quarters came out. Remember those? Yep. I collected those. I loved the state quarters. I collected all of them and I tried and I would keep the ones that were in the best [snorts] condition. And I had that book uh that little thing where you squeeze them in there like in all 50 states. I loved that. Was it collecting in general or collecting money? Cuz it was [laughter] money. Both. Both, I think. I I love collecting things, but I also like collecting things of value that will keep their value or increase in value. What I'm curious is what do you think is in you that makes you want to collect things and like save? Is there anything in you? I don't know the answer. just a a raw desire? You just like it? I used to be a squirrel in a past life. Just finding nuts and just burying them away. I don't know. I just I love I love collections. I love when I see someone's collection, no matter what it is, cuz it's cool. It's to see like to piece something together and keep it in good condition and I don't know, there's something about it that's just neat. No, I can understand that. But I had a great business when I was 6 years old, 7 years old. It was a legal gambling business. So, I had a I had a bingo little machine and uh my my dad my brother they always loved uh gambling on anything. So, I'd run this little uh machine and play bingo against them. And that was a pretty par- profitable business, I got to say. That was one of my most profitable businesses I ever had. So, [laughter] I used to have one of those as a as a kid. It was a It was a toy, but it was like this this plastic gambling thing, like a slot machine. Oh. would do the thing, like you put in a quarter, you do the thing, and if you got all sevens, it would it would displace all the quarters that were put in there. Oh, wow. And I go to my grandma's house and I put it up there and sometimes we'd have family over and I would ask everyone to like try to win money and I just collect the quarters. Yeah. I remember one time, I think somebody won and got all the quarters, I was so upset. I I was like, "No, no, no, that didn't work. You got to do it again, that glitched. It wasn't supposed to do that." Oh my gosh, yeah. Yeah, yeah. No, and then and then that brought me to another point. I would you know, as my childhood, I was introduced to gambling very very young, you know, cuz of my my dad and my brother. And you know, even as a little kid we'd go to the dog track, which I don't know if you guys ever been to a dog track before. It's a basically greyhounds race around and try to catch this little electronic bunny. And whoever whatever dogs win, I don't even know if it's legal nowadays, to be honest. that. It might yeah, PETA might not be happy about that. No way, yeah. I know the one that they we used to go to called I think it was called Greyhound Park in Phoenix. I think they closed it down long long time ago. But uh I was introduced to that at a very young age and so I think that's where I get kind of my my uh like understanding of risk, right? From a very very un- young age because I was introduced to gambling and like understanding like that's too much risk to take or that's the right amount of risk. And what I used to bet on as a little kid is I don't have my my dad place a bets or whatever, is I would bet on dogs to show, which to show means you come in the top three. It's seen as like a safer bet. You don't win as much money, but it's a it's a little safer. So, versus betting on a dog to win because it's I think there was either eight or 10 dogs in the race. And you know, you never know who's going to win out of those dogs. So. Reminds me why you like so much the we have this horsey game. Yeah. [laughter] That's funny. That's funny. The horsey game. You just want to and I I'll admit it's so much fun. So. It's very fun. It's I never thought I'd enjoy this game so much, but it's like it's this racetrack of horses and you click the button and all these mechanical horses run around the track and you don't know which one is going to win. [laughter] And I think you said yeah, like eight of eight eight or 10 of them. And they all have different odds and you click the ones that you think are going to win. And sometimes they'll be neck and neck and then all of the sudden like the one in last place will go like zoom in front of everyone else's [laughter] last minute you're like, oh, one was winning and then three just took over like the last second. Oh, yeah. No, it it and you know, we were always you know, being around my dad my my brother who's eight years older than me, they're always gambling on something, man. Always sports betting. You know, doing that type of stuff or we even used to gamble on video games. So we used to have a horse racing game that was a video game for PlayStation 2 I think it was back in the day. And we would they would give you odds in the game and we had this little box that you'd put money into to bet on your horse coming in a certain place. And if you you lost and the money stayed in the box, it was like this little bank box and uh so yeah, I think I think at at the end of the day like I was so around so much gambling that I got very comfortable with taking risk and like where is my calculated risk at that I should take and where should I not take risk. So I think that's another reason why I don't freak out in the market because I mean when you're gambling you know, you lose a bet, you lose 100% of your money. If I if I go down on 20% or 30% on a stock, it doesn't really freak me out. So as long as my companies don't go bankrupt, I should be okay. So. [laughter] Why don't you take 10% of your portfolio and just invest that in some of the riskier plays cuz it would give you a different aspect to talk about with a smaller portion of your portfolio. you mean? Riskier plays like Riskier stocks like more uh I don't want to say momentum, but uh but you know, I don't want to say gambling, but you know, some of the hypier stocks that uh you know, in short-term plays. Oh, yeah. a year, but between 1 and 5 months. Yeah, so short-term plays first off some of the stocks I'm in with people would see as riskier cuz some of the stocks I'm in are unprofitable businesses right now in high-growth in newer companies. Um so, I think some stocks I am in including Tattooed Chef, I think some people would be like that's a high-risk business. So, I definitely don't think I'm in the safest stocks possible. But, I think you go down a dangerous path if you're trying to do short-term stuff like try to swing in and out of stocks and things like that even if it's with a smaller amount of money. It leads you to doing that more and more often which is something I got caught into 2015 where you kind of end up in this bad cycle of dominoes where it's like, "Oh, I'm making this move and I'm making this move." and you start getting in and out of the market, you start getting more in and out of positions and ultimately in the stock market I try to just stay focused cuz the more I do that I know I'm not good at that. I'm not good at trading most people aren't like 98% of people. I'm not good at trading, I'm not successful at swing trading. That's not my thing. Every time I ever do that, I lose money. And when I say lose money, I don't mean like you go down for a little bit and then you make it back. I mean you like lose lose money, right? You buy a call option in a stock cuz you think their earnings are going to be good and it doesn't happen, you lose 100% of your money. And so, I think it's just a dangerous game that I'm not really willing to play. So, that that's why I try to stay away from that cuz I think you you get into a real bad cycle when it comes to that. I'm also curious, what is in the private account? Oh, that the private portfolio? It's uh pretty much all the same stocks you know of. Uh Tattooed Chef's my biggest which uh Tattooed Chef, let's see. [sighs] Between the So, I think in the public account I'm up to like maybe 20,000 shares of Tattooed Chef. In the private account I might have like 65,000. So, I think between those two accounts I'm up to like 85,000 shares of Tattooed Chef. 65,000 and what's what's Tattooed Chef as? So, 65,000 times what is $12. Yeah, I don't know. A million. Yeah, yeah, roughly a million in the chef. And um so, you know, a lot of those are the same type of stocks. Honest, been buying Honest a lot. I probably have uh I don't know, three or 400,000 in Honest right now. Um and then obviously I got some plays that I don't have in the main like SDC. Um PayPal I just started buying in that one. I already got 72 in in PayPal now. So, but a lot of it's just you know, the same type of stocks. I don't The one stock I don't own in my my private account is Tesla. That's the one stock I don't own that I do own in the public. I um I cashed Tesla a while back and When? Uh I can't remember, but it was uh it's higher than when I sold. That's what I know for sure. Um I looked at it and I was kind of like, well, uh I could take a little risk off the table. I was a little Tesla heavy at that time I felt like. And so, uh cashed a little bit, but yeah, it was a bad decision. Usually it's a bad decision to sell Tesla. I usually always regret it. And I've cashed out shares of the public account over time, too. And every time I'm like Yeah. I was about to ask, why sell in the private but not in the public? But it sounds like you sold in both. Yeah, in in the In terms of my private, if I recall I always held less. So, it was less to sell. In the public account I'm now down to 500 shares of Tesla, which I know it still probably sounds like a lot. But um Yeah, that one that one I've cashed out of, too. The thing that kind of worries me and and this kind of frustrates me with with Tesla and this kind of the battle of the your mind, right? Is I'm trying to stay focused on the long term with Tesla, but what I do worry about is I'm like I'm like, man, are they really you what if we were to go in a recession, right? Are people really going to be out there buying $50,000, $60,000 Teslas? And because Tesla's starting to get to bigger and bigger numbers, they're going to become more and more like an auto company in terms of trying to hit numbers. And if people aren't really excited to buy cars because, let's say, we're in a bad economic time, what does it mean for Tesla's numbers, right? So, these are kind of the conflicting things you have to go through in the stock market where it's like, okay, I'm trying to stay focused on the long-term of Tesla, but it trades at a super high PE, and what if we were to go into a recession, and we're in a situation where, you know, people just aren't buying cars. So, you know, but at the end of the day, a lot of times what I found is selling Teslas is usually a mistake. A mistake as as funny as it sounds. And when I I got a lot of crap because when I was buying into Tesla back in the day, I actually had sold completely out of my Apple stock back then. And I put my Apple stock into Tesla stock, which Apple stock's done amazing since then. Tesla did obviously much better. And so, whenever I've sold all that Tesla shares recently, I've been putting that money into the Chef and some of these other stocks, and people look at that and they're like, "What are you doing, man? You're going to sell it out of Tesla to put some money in that stock? Like, that's ridiculous." And I can understand why people think that. You know, and we'll see what what's the right decision over time, but yeah, most of the time I've ever sold sold any Tesla shares, I usually always regret it. So, How much is in the private group? If you paid me $100,000, Mhm. I would tell you. But not even $99,000. Mhm. What if you Imagine it's like a thousand dollars. [laughter] I know it's not a thousand dollars, but Graham, what's your net worth right now? Uh went down. It went down. All of ours did, man. 55 million. That's like it's like 15 now. Okay. But it it it was at at the peak it was 16.5. Uh or like 16.8, and then I had to pay taxes, which bumped it down, plus the market went down. Mhm. So, it's like 15 It's like 15 now. Okay. Yeah, that's a nice number. Yeah, well, you and you you you make videos about that, too. It went from 16 to down to 14.4. Oh, at the low And then I'll take a screenshot. And now I don't want to take a screen I don't want to take a screenshot. Just Just use that. Just use that. And then the market dropped on top of that, so 14.5. Yeah. Well, man, Nasdaq's going to be rough tomorrow. Then that works going to go down more, man. I hate to break the news to you. So. But anyways, um Yeah, so I don't know, man. Do you want to Do you want to play our little game? Yeah, let's play a game. Okay, let's play a game. Right, yeah. All right. So, what we're going to do is we're going to pretend we have a $5 million portfolio, and we each have to pick uh five stocks. And then we're going to when we're done, we're going to tape it to the bottom of this table, and next time I come on, whenever that is, we'll pull it out, and we'll we'll you know, talk about the stocks, and then we'll put it back, and then next time I come on, we'll do it again. Cool. So, all right. Uh we need a million dollars in each stock. So, first one I'm picking No. Oh, we doing five. Yeah, five five five. Yeah, PayPal is the first one I'm picking here. P Y P L. I think that's $131 here today. I'm putting a a million in that. I'm picking the chef. You know, I I wasn't going to do this without uh good old TTCF. And I didn't That's uh 12 and some change. Uh let's see. Honest. Honest. So, H N S T. Uh that should be six. Think I'm going to go with the Planet. Okay. Uh Planet. Couldn't see that one coming. Yeah, you couldn't [laughter] see it coming. And the last one, hmm. Oh, Corsair Gaming. I'm not going to pick Corsair just because you want me to pick Corsair. I'm actually going to pick SDC, which is SDC What's it at today, guys? 270? 270 290. So, I'm going to have a good mix here. And Jack All right. You look like you're scheming over there. [laughter] So, I'm def I'm definitely doing Google. Oh, Google McDougal. And that is pre- pre-split. Oh, man. I'm going to be boring. I'm I'm going to do Apple, too. And Apple also include crypto? Oh, yes. We should be able to. Okay, I'll let you guys do it. Thank I don't like that. Yeah, I'll do Ethereum. Yours is Yours is going to be very similar to mine. I got three stocks, so then I'm going to do spy. Uh and then I'll do why not Bitcoin? Bitcoin. And that is What What's Bitcoin at, Jack? 30? 38 something. 8. Mhm. All right, Jack. All you. Boy. Pressure's on, Jack. First stock, Apple. Apple, okay. Ours is so similar, Graham. Oh my god. I'm also picking Google. This is what Jack does. He just copies my trades, [laughter] and then everything he buys just goes down. Oh my gosh. I'm so scared So, like I'm I'm worried about writing down my stocks cuz Jack's immediately going to be like, "Well, then I'm going to buy that. I could buy that. I could buy that." I'm going to put Ethereum. Oh, jeez. Now Ethereum's going to crash. Thanks, Jack. I'm going to put Robinhood. Oh, the hood. Okay, I I appreciate that, Jack. At least I had to stick your head out there for a bit. I appreciate that. That's going to be the one wild card is Robinhood. Yeah, I appreciate that. be shocked if they're trading lower than they are today, but Yeah, they got the problem with them they got two more tough quarters to go through. Two more really tough comps. Oh, gosh. Facebook. Are you going to buy Facebook tomorrow? No, I'm actually not. Why? Their their numbers were so bad that even I don't want to buy the dip in that one tomorrow, which is saying a lot. is This is taking them back to basically where they were at the peak before COVID. Yeah. But dude, the numbers were so bad. So, it's bad bad bad. AMD, okay. Wow, 119. I I remember it was at like 130. 119. Okay. .69 Okay. Okay. 119.69 Dang, okay. We're going to You know what I think the issue with Facebook is? Is that everyone They basically got the entire planet to sign up. Yeah. Like how many more Like now the only new people signing up are like just have to be born. Like they have to They have to like And new new people born don't want to sign up for Facebook. But And that's the thing. Then they're sign Then they would rather spend time on TikTok. So, I think they They've already got everyone that they could. And so, the only way to expand on that is to either buy other companies who have a younger demographic, or they could try to advertise to the existing audience more. Yeah. But But yeah, I mean, I don't know. I feel like it's just it's it's an older demographic on Facebook, and I think they just care about They want the millennial audience. Yeah, and Instagram still does well, but the problem is Instagram Reels is doing really good, but they don't make that much money off Instagram Reels. Is Instagram Reels actually doing well? Yeah, for them it's doing well. I don't think it's doing as well as TikTok's doing, but it's doing well. They specifically said that, but they don't make hardly any money off Instagram Reels compared to how much they make off feed. And those sorts of things. YouTube needs to figure out their YouTube Shorts, because they're getting better with the algorithm, but still TikTok's algorithm is so on it, and I hate to say it, but it does feel like people are just re- like they They're taking the TikToks, and then just slap it in YouTube. Yeah, slap it in Instagram. Yeah. Um YouTube really needs to I think if if YouTube were smart, they would pay creators for exclusivity. They're only going to create content for a year on YouTube Shorts, and pay a ridiculous amount of money. Cuz YouTube could probably afford it. Yeah, they could easily. Yeah. If they paid their top creators, and we say, "Hey, we'll pay you a million dollars a year, only post on YouTube." But I think a lot of TikTok isn't like the same creators getting a ton of views. I think like I think a lot of TikTok is just like overwhelming amount of people that just like are posting random stuff. Like random people and say some funny viral moment happens over here, then it gets traction on TikTok. That's the way it seems because I I mean, I don't follow that many people on TikTok, but it to me it seems like I'm more so just getting shown the the funniest bits posted in the last 5 days regardless of who it's from. It doesn't seem as though the top creators like like on YouTube, the more subscribers you have usually you get the majority of the views. But imagine if YouTube were just divvied up on whoever has the most retention that day. Yeah. Like that's the video you're shown. Yep. I just maximizes the time that you're stuck to your phone. I think that's a little more older school YouTube. Like old old school YouTube when it was just kind of more of a free for all before people were really focusing on building channels out and things like that. And then after that, then YouTube pivoted toward like whoever had the most subscribers really you got like a dominant kind of feed before they went to the algorithm, right? Which I know the algorithm frustrated a lot of people when they actually moved to that and like your home page could be whatever, you know, the algorithm thinks is relevant to you. So that's probably just a stage TikTok's at, but you know, it's interesting seeing the Facebook numbers in their guidance, seeing Google YouTube kind of not be impressive. I think TikTok's definitely a real serious competitive threat to actually YouTube. absolutely is because TikTok has figured out how to keep people on the platform for longer. Mhm. And again, I look at I look at what Macy's doing. Mhm. And when she's brushing her teeth, Yeah. watching TikTok, not YouTube. Every now and then she'll watch YouTube, but when it's the majority of the time it's TikTok and I see It's I I you know what I think it is? It's the the swiping. I think Tinder figured it out that people like [laughter] to just sit on the phone. They like to be kind of engaged like with that swiping feature, but with videos. And they've combined that with like the best of the videos that keep people watching the longest. When you have so much content on there, the algorithm can like pick and choose. It's wild. Graham, what's something you think Jeremy can work on? It's probably a long list. I don't know. Let me start writing them And what is something that you see in Jeremy that you admire? Okay, [snorts] so what Jeremy could work on, I think, is the the I think the aesthetic Mhm. of the brand, the channel, The Hungry Bull. I think all of that could be upgraded and I think it's holding you back. Mhm. I think when you look at all the YouTube channels with over a million subscribers, they have a good set. And I think that's really, really, really important. And yours with the webcam and a little upper hand side [laughter] the new viewers to your channel it doesn't it doesn't bode uh like sophistication Mhm. when they see that as a first impression. So, I would say if you built out a good set probably like 10K, just it doesn't have to be too over the top, like $10,000 in a really nice set with a really good camera Mhm. and you upload like that, I bet it would be the difference like filming the Millennial Money's live Yeah. versus the podcast. And and you see that, you know, just steady subscribing then just a big bump. I think you'd see the same thing in your channel. Ooh, that's good to know. everything you could you could double your views with a good set. Ooh, that's good to know. Just good aesthetics across the board. Yeah, yeah. Yeah. Oh, I appreciate that. And what do I admire? Jeremy's never stressed out. I've never seen I've [laughter] never seen Jeremy anxious, stressed uh very much just zen. I like that. Okay. Oh, I appreciate that. Thanks. What about you, Jack? What what can I work on, man? Um I would I would I would actually agree with Graham. I think it's just like the the professionalism and I mentioned this when we were driving your Tesla. I'm like, "Dude, Jeremy, you really need to get a better quality camera, better quality audio. Mhm. Uh I think that would all go a very long ways and I think realistically it could If you spend, you know, $5,000 Yeah, that's all you need to spend. It's $5,000 on a good camera, good mic and maybe just like curtains for a backdrop. That's it. And just like a wooden table. Uh I think you'd probably make that money. Yeah, I was just thinking this would do really well for you is like those What What's the unboxing channel? Unbox Therapy Was it Unbox Therapy? Where it's basically just a table Yep. with a not a green screen, it's like a gray screen in the back with some light shining up. You're at the table with your computer, a few little trinkets. That would be the easiest set imaginable. You get the headlight here, you get some lighting around here, and it's as simple as literally going over, flicking on a camera, and done. I think it would probably make its money back in like a month easy. A few videos. Yeah. I I I would say within three to five years. it's not. I I feel like that's sad. outsource it to someone and pay someone like $3,000 a month and they would take care of all that stuff. They could even probably edit for you. Yeah, it slows down speed though. Doesn't matter. I don't know. Does not matter. Try I think this is holding you back massively. When you see how much work cuz you're putting in this work on your channel and you're getting a small ROI compared to what you could get otherwise. It's like imagine someone clicking on one of your videos and they've never seen you before and the first thing that comes up is like your desktop. Mhm. I'm clicking out of that. Mhm. You You can't com- compete with like Andre Mhm. who like makes his video Welcome back to you. And And it's like everything in magic and just the flipping cards and just crazy editing. He's talking about a high-level concept. Uh And Andre's getting like 300, 500,000 views a video. Yeah. You're You're putting in the same amount of education between you and him. It's just the the video itself I think needs to be a little more produced. It slow down editing, but for the work you put in you'll get 10 times more than you're than you're currently getting. Yeah, I I mean I have a little different view and I I do appreciate that and I I don't think it's a bad idea. Um but I mean that kind of changes the brand, you know? Those are very scripted videos. Like Andre puts in incredible script work. Um that would change up, you know, my whole thing, you know, in terms of like you have to do that mass amount of script work. You have to spend mass amounts of time uh filming. Kevin's not scripted. No, I know. So, you could do that. You you could do the same thing. I That's what I'm talking about. It's flipping on the camera, but it's it's nicer. It's it's not your best job. you you're also talking about like slowing things down like Andre, you know, and those sorts of things. So, I'm like that that's a whole different just a little bit of a set, a high-quality camera, a nice mic would go a long way. What do you think something is that that Graham could work on? And what is something you admire Graham for? Ooh, that's a good question. Uh let's think. Work on um trying to make people change their whole YouTube channel. It doesn't have to be It doesn't have to be work on. no. Um as far as work on, let me think. I think just um kind of expanding outside of just YouTube. And I I think that's something you have been trying to work on. Um I think that's kind of the big thing. You've got such a a really successful YouTube thing going, right? You know, between all the different channels. So, I think kind of expanding outside of that I think would be really really important. Um you know, something I admire is just the consistency, you know, and the work. Uh I don't know a lot of people that like um you know, like really work like that, you know, and and do it for years and years. And so, I always look at you as somebody that I know is working all the time. And I I love, you know, living living next door cuz I always know you're working. And you always know I'm working. And so, um that that's cool because I think there's a lot of people that get uh very complacent once they get to a certain amount, whether that's like $2 million or $5 million, whatever. I think a lot of people get very very complacent. And so, I've just always appreciated that you you keep grinding, you keep working, and you're not satisfied. So, that's something I I honestly really admire in in a big way. So, um you know, I respect like everybody that that keeps keeps it going once they have it cuz not everybody does it. So. Thank you. Yeah, absolutely. And then Jack, you know, as far as you, you don't need anything. You don't need to work on thing, Jack. You're a Ah, Jeremy, you shouldn't, man. Oh. Jack wants to outsource his perfectness. Someone else could be perfect for Jack and he could hire it out. Wow. Yeah, I've heard you've been expanding your empire. Yeah. Impressive. It's nice. It's nice. It's good stuff. It's good stuff. As long as you're growing, Yeah. that's all that matters, you know. Yeah. That's all that matters. So, you're going to have more workers than Graham's going to have soon. [laughter] I might already. Yeah, Jack Jack already is. No, I don't I don't quite yet. I don't quite I got Alex, but Jack is like two people already, two or three people already. man. Beast. I don't know what they do, but you know what? Just stuff, man. Just [laughter] it's good for the economy. it. Yeah, I'm helping him out. Unemployment is low because of Jack, because of [laughter] this guy right here. He's hiring everybody. Oh, gosh. That's awesome, man. That's awesome. Okay. Graham, do you have any other other questions, anything other to mention? Jeremy, do you think there's anything else we should talk to touch on that maybe? Uh, no. I I think, uh, you know, a lot of people are curious about a recession, if we're going to have a recession or something like that. Hate to end it on a damper. But, uh, you know, I think there's I think there's a lot to be concerned about. There's a lot of companies right now that are not giving guidance. So, a lot of companies are very confused on what's going to happen out there. And, uh, Mr. J. Powell, he's I think he's even confused. So, we'll see how many actual rate hikes. I put my head out there recently and I said, I'd be amazed if the Fed raises more than twice this year. Everybody's saying four to seven times. No, I agree with you. Oh, wow. That's that's a Not many people think like that right now. But, with all the cloudiness, I think it's, uh, I think it's going to make it hard for the Fed to to raise in meaningful ways. Unless Unless all of a sudden in the back half of this year all the companies are like, "Oh, everything's great." Then they might raise, but outside of that uh, you know, I don't know. They might be a little more timid. So. But, yeah, that's about it. So. Well, stay tuned to see what happens on the next episode of is there going to be a recession? Is Jeremy going to have another child? Stay tuned and subscribe. We'll link to your channel down below in the description and you can get your free stock as well when you sign up for public. Use the good gram. Jeremy. Yeah. Thank you so much. Absolutely. Thank you to public and uh wait, I'm not getting any money off that. Wait a minute. Don't thank you to public. [laughter] But anyways guys, we got the paper. We got it right under here, okay? It's going to stay saved until next time I come on and other than that uh buy the dip. Buy the drip guys. Uh Jack you got uh