 Once again, ladies and gentlemen, boys and girls, tune in to the 10th of August when I come in to you guys and girls live in the beautiful state of Denver, Colorado via Hollywood Hawaii. Don't get it there like I'm in the shed, but as always, I don't have a lot of time and I definitely, you guys and girls don't have a lot of time, so we're going to jump straight into it. So today's topic is to be greedy with others who are fearful and be fearful with others who are greedy. Pulling by the crazy vector of all time is the one button. Now, the thing about that is, as we can see recently, we've seen some big slides in the market. You know, all the sales talks, trade talks, all these other things within time, we can have it on the market, right? So, as the market starts to tank and dab, and I won't say tank and dab, you know, we haven't entered the fair market. And we've kind of gotten to the correction territory, correction territory. When you're 2,000 points down for the high, we haven't even gotten to that yet. We get close. The high was like 20,500. And we're kind of at about 25,000 right now. But to me, this makes me look much better since they're married. I wish I had more cash to start taking advantage of correction. Two periods are decided through recessions. When you know the data shows you that the market will go up, more than what it will go down. Over the last six years, S&P 100 has seen over six market declines and recessions, and we've gone even through the pressures in 1926. But just what? The market's always rebounded. So, and always rebounded higher than what it was. So, let's say the market is all down, it's all down high, 26,500 around that range. And let's, if it does, dive down through 20,000. Everybody's going to panic and wonder what's going on. The new year's going to go crazy. People are going to start talking. People are going to see a portfolio slide. So, I want to go back to a great lesson that I heard from Charlie Monning himself. He said, hey, if you can't take the portfolio sliding by 50%, then just what? Invest in equities and stuff like that? It's not for you. You say you deserve to be up for a turn, but you probably will get by not investing, taking advantage of it, and just stop. So, the thing about it is, even though the market may dive down to 20,000 points, right, you may be diving back down to 19,000. Everybody will go for a start. But history has shown me that the market will rebound and go over 26,000 in the long run. The long run play is for the long-term people. Short-term is exactly what it means. Short-term. So, I can't remember when we said this, but I know it's always said, hey, buy when there's blood in the streets. Blood in the streets. Act yourself. That's something to do with 500. People are saying, oh, there's talk and trade talks, and all of the good stuff is called in the market to dive. And if that is true, if the market is diving, because the trade talks, not anything that has happened, then what's going to happen when they start to do positive trade talks? Then what's the real rebound? But still, I haven't seen anything that has happened. We happen. People are saying, hey, they're putting you in Trump's place with a tariff on China. China in reverse is going to take the tariff on the United States. If they take the tariff on the United States via most of our companies like Nike and Apple, and you name it, makes all this stuff overseas in China. China creates more stuff than in vice. So if they put a tariff on Apple, after prices go up, after prices start to go up, because of the bad luck, they may see a hit on their profits. They may have to lay off the employees, do all types of stupid stuff, and that may affect their economy. That's what people are looking at with the tariff and trade talks, that they go through. But then there are talks. Exactly what there are talks. Nothing has happened. Nothing has happened financially. So when you see this, you have to ask yourself, you have to ask yourself, OK, I have a little money with other people agreeing, other people are fearful, even if you need to get there for yourself to sale, that's the way you can talk free. You can ask yourself, where does that come from, something like Microsoft? Why has it come from? Why has something like 1% out of the way? Why are all these companies that get down to daily discuss trade talks? Nothing has happened financially to 1%. Nothing has happened financially to Microsoft. So why would you sale? Just thinking back to a life lesson that I learned with myself, a family, and that I went back to analyze. We invest. Invest into ideas instead of companies. What are ideas? Everybody's got a good idea. Man, I'm looking for investors and all I need is $10,000, $15,000, $20,000, $50,000. I'm just trying to raise $150,000. If I get $106,000, I'm going to be able to get this loan. When I get this loan, everybody's going to be happy about that, right? And when I get it, this is not planned. This is a quasi. But that's not really a company. There's more to all the ideas. I haven't seen a company lay ground yet. So am I going to invest in the company A that's trying to raise money so it could potentially execute a plan? Or what I believe of company B who is already at the great company but has hit a hard time? Company B is proven. Company B is actually a company. Company A, or project A, I would like to say, hasn't done anything yet. It sounds good. It sounds great. It sounds like everything is in line. It's like everything goes. Everybody is Superman and save money and it's changing hands. So with that being said, everybody act like, oh, all I need is this and it can raise the idea in the world and stuff like that. And as soon as you create money from the investors, that's when they're running through, oh, wow, I didn't know I needed these licenses. I didn't know. I don't know. I was in traffic to actually need more money. I didn't know I needed these licenses. The SBA is not going to even go on. I have to do this. All these regulations and I can't get the land from over here. I can't get this XYZ. So people start to do what? They start to figure out, oh, man, this can't happen. And then the investors end up taking a loss. And they're taking a loss because you made an investment based off of what was projected, not what had happened. Now, when I look at company B, they say this company is already established. It's showing you you can make money. Maybe it's being on the downturn. Maybe it's typically used recently. Or whatever it is, maybe it's a proven concept. It has happened. I can better make analytics off of things that have happened. So that's what took me off of the old venture world from looking at the shows like something that should have happened. So when I look at how does that relate to the same thing? Right now, when I look at it, nothing financially has happened that calls all these great companies to take a dive. All of these people are just being fearful. Everybody is waiting on the next market trial. Everybody is waiting on it. We've been at the longest run pool ever. And we've been at the longest run pool ever. We've been at the longest run pool that we've ever seen. And people are becoming very, very surprised by that. And people, everybody is waiting on a reason for this default pool. So every time we see a slide in the market, every time we see everybody is like, oh, here's the recession. Here comes the recession. Here comes the goal. The old environment is going to go. Here comes the recession. And that's why I started to... That's why I am looking for these great opportunities and these are opportunities that every investor dreams of. So the next recession is your chance. And the next downturn is your chance to become rich, take advantage of other people's fear. Be fearful. Be greedy when others are fearful. But be fearful when others are greedy. And the market is taking downturn. What does that mean? People are fearful. People are selling things. People are running for the board. Some people are running for gold. Some people are running for bonds. But that's your time to go and see something like Think of America. Companies like McDonald's, get solid companies that nothing has happened to. And look how it happened. So that's something I want to gather girls to think of. So that's going to be my topic for today. I want to keep it short, please. I came home late today. I used to have more time. So I don't have a lot of time today. I want people to be fearful when others are greedy. Be greedy when others are fearful. Be fearful. I want you to believe that on your mind, buy what is sweet, what is sweet, and that you see red all over the place. So look at great companies that are now for sale. You look at each for sale time, turn it down as the market goes down and watch the long-term winners win. Because who's the greatest investor of all time? Who makes the most amount of stock market? Or investors? And guess what? You're a long-term investor, right? So I'm looking long-term. So anyway, that's going to be this week's episode. And don't forget to hit that like, subscribe, and share button. And until the next video podcast, we're going to show you a book or whatever it is, please, and say something out and something out.