 Best in your money, Instagram. Man, you all should see this setup that I have. I've got, this is a cutting edge, this is, I'm live in six places. Pretty cool if I do say so myself. So, let's talk here for a second. We're talking about the eight kind of cutting edge techniques to investing money. This is one of the most common questions I get. Hey, Ty, I'm gonna turn this one. I mean, by the way, before we start, how can we turn this one just a little bit? I was telling everybody who's on the pre-show, I'm on Zoom on my pre-show, and I was just telling, what I would do is flip that one around. Okay, we might flip the video. Oh, right. Let me try. Does it flip it? Orientation is locked. Can't do it. Damn you, YouTube. YouTube. But you can do everything. I would just switch these like this. Y'all get to see the behind the scenes. I can see that. Then you go this one, like that. I'm gonna turn this one. Look at that. Hell yeah. Did I just turn my camera off on Zoom? How'd that happen? All you're missing, I know, we need to be live on TikTok, but TikTok is like, I've been too busy to do TikTok. I'm not a TikToker yet. Who's big on TikTok? Okay, let's talk about investing your money. Eight ways to do it. Kate's gonna take notes for me. And yeah. Go like this. See how creative that one. Who here has $1,000 to invest? Who has 100,000? Who has a mill? Who's a real investor in the game? Somebody said, oh my gosh, this is painful. I like that. I can always tell people's IQ by what the amount of pain they stay in in their life. Okay. I like to show behind the scenes. Little video tip for virality for all of you. You know what does better than your highly produced videos? You're behind the scene videos. People wanna see how the sauce is created. And so never, I used to be like in this game where I thought I had to be super formal, but then I tested it. And when you test formality versus non-formality, like formality gets smoked. And that started, it's always been that way because people are much more interested in what and how you do than what you do. That's just how the game of humanity goes. Humans are gossips. They wanna see things. So who's overproducing their content? You need to knock it off. Just look, I was telling Kate, she does these for her business. She does this stuff where she puts filters on her face. I'm like, Kate, you already have a good face. You're actually coming off as more disingenuous if you filter it. Now some people may need to filter their face. There are people on this earth that should throw them filters on. Maybe that's me, but you have to attack your weak link. And your weak link is not your face. In fact, you'll do better with no makeup on it guarantee you, especially since your audience is like women and stuff like that. So it's not just authenticity. It's just humans are naturally inquisitive. But let's jump in. All right, so the first cutting edge kind of investment technique that I use and a little background on myself for those you don't know. I've been in the investing game for a long time. There's two types. Number one technique is you have to categorize what you're interested in. There's multiple types of investors. So we're gonna do a little quiz. You can figure out what type of investor you are. What type of investor you are. And I'll start out with an overly simplistic and then we can get more complicated. Are you gonna be a passive or an active investor? So active investors are what I do in my business partner. Like I own a large block. We're what you call activist investors. I bought a large block of a NASDAQ company called Wilhelmina Models. It's the largest model agency in the world. You can see there's a 13D filing. It's a government filing we have to do. So sometimes people are like, is this true? I'm like, it's on a fucking website that the US government runs. You can see it, okay? Why do we buy positions in companies? Because we're gonna be active in trying to raise the stock price by improving the fundamentals of the business. That is more advanced for most of you are not gonna be activist investors to start. But I want you to keep that in mind because activists make more money than passive investors. And most of you are gonna start out as passive investors. So the definition of passive investors, who here's invested in Tesla? Who's invested in Apple? Who's invested in Bursch per Halfway? Who's invested in any of those stocks that you hear a lot about, Amazon? Well, you have no effect on them. Your votes basically insignificant. If you buy Tesla shares, you're gonna have one, this much, a sliver, sliver, sliver of ownership in the company. Doesn't mean you can't make money, but you're completely at the whim of the stock market. So I'm not a big fan of passive investing, but most of you are gonna have to start out as passive investors. It's just what you're gonna have to do. But I want you to keep in the back of your mind that in the long run, you wanna be an active investor. The people who made the most money with investing in history, Bertra Halfway Warren Buffett is the prime example. He has a position in, I think, over 100 companies, either full ownership or partial ownership. He's activist. He comes in, he controls the CEO compensation. He gets a report every day. Trust me, if you, he's the largest shareholder in Apple. I think he owns, what, 6% or something of Apple? But he also owns 100% of Geico and Dairy Queen and all this stuff. So you're gonna have to know where you wanna go. And some of you will always wanna be a passive investor, you know? But for me, I like to be active. Okay? I'm more interested in activity. So we'll talk about it in a second. Passive investing is not my forte and there's other people that teach how to do passive investing. What about crypto? Even with crypto? If you're investing, some of you are investing in crypto. Here's the downside of being a passive investor. Who knows what the downside of being a passive investor is? Does anybody have any idea what sucks about being a passive investor? Time, you get rich too late. Well, nah, not necessarily. Somebody said, hey girl, on video, you are beautiful and attractive. Is that for me? Can I have a coffee? Fees, she's the coffee addict. I don't like to get addicted to stuff if I don't have to. I don't even drink coffee. You don't want any? I'll have it. People, don't get yourself addicted to shit. The number two way to be poor, start getting addicted to stuff. I ain't addicted to nothing. If you smoke too much weed, take a month off. You know? If you drink too much coffee, take a month off. Toughen yourself up. I'll put that as number two. I wasn't gonna put that. Number two, investors, Warren Buffett says that the stock market is a clever tool to move money from the inpatient to the patient. Or we could say from the tough to the non-tough. Most people ain't tough. Any little swing in the price of Bitcoin or in the price of their little portfolio, they have a heart attack. You gotta tough, you gotta kind of toughen up a little bit. Native Americans used to take their little kids at nine months old, wake up in the middle of the winter. This is South Dakota. This is a cold winter. I ain't talking about no Puerto Rico winter. I'm talking about a South Dakota winter. If you wanna be cold, go chill on the plains of the South Dakota in December. They pick up their kids, they go down to the river, cut a hole of the ice, and they jump in, take their bath, and pull their kid in with them under the water. Every single day. By the time Native Americans were, yeah, but cold plunge at another level. By the time Native Americans were 18 years old, they were the toughest people on this earth. Geronimo, Apaches, Comanches, you didn't wanna meet these people in hand-to-hand combat. Now they weren't investors, but the point is, I'd rather have an army of investors that's like that, versus modern society. People can't gotta eat food all the time. They're always munching on food. They're always, like, if you gotta smoke weed all the time, I'm like, chill. It's okay if you do it at times, but you shouldn't really need to do anything all the time because now you become the servant and the thing becomes the master. You wanna be master of yourself, not the servant, you know, servant. So anyway, going back to number one on this actor and passive. The main problem with being a passive investor is when things go wrong, you can't fix it. You can't fix it. Like Wilhelmina, for example, I'll just use that at I own other companies, but that's one that I'm an investor and I'm a non-control investor because there's two types of investors, be on active and passive. Within active investors, you can be a control investor or a non-control. I need more, that whiteboard. Let me show you all something on the whiteboard here because you have active passive and then off active it switches into, are you my Vanna white for me? Yeah, put it right in the middle. So number two, was that actually tough enough? Yeah, it was number two but I'm going back to number one. So you have, oh, there's a big one. Stay in the middle one, that's what you need to do. Okay, so you have the brand, it branches off passive and then active, there's a subset of active, right? So within that, there's minority and control. I ain't talking about ethnicity minority, by the way, for all of you, virtue, signal or woke people. Minority just means you don't have the power that a control investor, you own usually sub 51%. It depends, you don't always have to have 51% to have control. You can have control with 12%. You look at some of the big investors in history, the big active investors or activist, by the way, there's also a subset. You can be, within active investing, you can be hostile or you can be friendly. You know, there's things called green. There's activists that use this technique, which is beyond what we need to talk about here. But hostile investors are just that. You're an activist investor and then you come in and you kind of smash. That's not smashed like the slang smash. Not that kind of smash, you don't smash the control on us, but you do it. Like I said, if you look at somebody like Carl Icahn, he was active, sometimes minority, sometimes control. But whatever he, you can be in public markets, you can be minority and hostile. So there's a lot of permutations here. Somebody said it's backwards. Good, well then you just have to listen to my mouth. Listen to the words that come out of my mouth. Active splits into minority control. Below that, each of those can split into friendly, hostile. There's green takeovers. There's various things like this. As I said, you all don't need to know this, but I wanted to give you a little more advanced because a lot of stuff I hear is kind of trite stuff. And I spent a good bit of time now in New York. One of my law firms, they're the top public, they're the top public activist firm in the world. So we work with them. I was just in Manhattan two weeks ago. This is a place some of you will go one day. This is big money's made. You wanna know where the money in the world flows is right around here. Now, what's interesting, this is what everybody teaches. Isn't that funny? Everything you see on social media teaching you about the stock market is right here. And that's okay, but ain't nobody. Wealth, monster wealth is right here. You can create, you can get rich here, but you can't get wealthy. There's a difference between rich and wealthy. There's a few common difference between rich and wealthy. So, but that's fine. I mean, just telling you, it's interesting that, when it kind of makes sense that everybody teaches you passive investing simply because it's easier and most of the teachers ain't never done this stuff over here. This world is a very, I don't know, Illuminati kind of world. Okay, this world right here. When people talk about the Illuminati, they're talking right here. They're talking the world of minority or control. They're talking about more in the hostile takeover activists. Somebody said investing in real estate with people like Grant Cardone. That's up here. You're a passive, right? He's doing the activity. Okay, I've got a lot of questions. Who has questions on this? This is kind of more advanced than I plan to get in here. Some of you, for those who are gonna be in my more advanced training, I'll take you through this. This is something I wish, if I was 18 years old, I wish someone had walked. This, but the problem is, this is kind of like the Illuminati world. Somebody said to admit it, he's in the Illuminati. There isn't an actual Illuminati, unfortunately, although some of you are sure there is. But there's things that appear at face value a little bit like Illuminati. But in the world, I'm sad to break this to you, rich dudes all hate each other, so they ain't working together, dipshits. People can't figure that out. People are like, Bill Gates and Jeff, Bill Gates, Jeff Bezos doesn't like Elon Musk. They're two richest people. I don't know, fucking Illuminati group. You think those dudes sit together? These are egos like you've never seen. These are egos. These are egos. This is Will Chamberlain and Karim Abdul-Jabbar. They didn't like each other because one's like, I'm the greatest center and one's like, I'm not. They weren't in Illuminati. But there is appearances of Illuminati. And that's what I said. This world is a world that's kind of, not many people know how to do it, therefore it takes on the aura of that. But it's a place that some of you should go over time. You start here in the past of investing. That's how I started. I remember my first stock that I bought was GE, General Electric. I remember I used to get a check. It was like five cents or something. It was five cents a quarter. I was like, yes. It's like, and I was thinking the stamp that mailed this to me was 30 cents or whatever, 40. I know that my check was like five cents. So that's the power of passive investing. You can compound that five cents. And if you live several thousand years, you will be a millionaire. I'll say you're wealthy. You need a elixir to help you. I don't know, that's too hot. I don't like coffee. I'm like, shit's too hot, burn your mouth. Okay, where is Kate from? Kate did her DNA. You're mostly Swedish. Yeah, mostly Norwegian, French, German, British. She got that Swedish face. Okay, what's the bottom third branch? Yeah, green is just like a type of hostile takeover or friendly takeover. I mean, these are kind of more complex. We, I do some activist stuff. Now almost everything I do with my money is active, just so you know. So in the long run, wealth for each of you will come in this category. This category is what most people talk about and it's not horrific, but it's just there's not one person on the top of the Forbes list who came from this side. Zip, zero. Zippy zero. Okay, how much to radio shack do you own the majority? Most of the companies, the big companies I own like Pier One, stuff like this, I own the majority. So that would put me in active control. And then since I'm in control, I'm not gonna be hostile against myself. So usually when you're control in a business that you're, and there's, okay, so there's levels of control. So believe it or not, there's minority control. I'm working on a publicly traded company. We were looking to buy in a European company, that's a New York Stock Exchange. You could be minority control or majority control. So like Revlon, you all know Revlon makeup? That's a company that was the market cap dipped to like 350 million bucks. And I was like, oh, I wanna buy Revlon makeup. Imagine you could buy during COVID, everybody freaked out. So stuff dropped to, I think it was at the bottom of, all of Revlon was $350 million market cap company. But the problem is, so I wanted to be an active investor, but the control wasn't possible because one family owns the damn thing. So that's what I said. You could be a control investor, majority or minority. So for example, Carl Icahn often was a minority investor without control. That's why he had to use hostile techniques. So he would put pressure on the majority owners who had control, but Warren Buffett, for example, in most of his companies is a control majority. He's active control majority. In Apple, for example, he's active and he does have control, but he only owns 6%. But 6% is a lot of a trillion dollar company. So therefore he has control. He can go, yo, like his vote matters. I think he's the largest shareholder single per, or single entity that's a shareholder in Apple. So that's why I said there's, can you use proxies for control? Yeah, I mean, the proxy is the concept of how you're exerting your pressure. One of my chief financial advisors that works for my companies, all he's done for the last 30 years is do, he does active minority, okay? Sorry, active control minority. So this should actually be active minority passive. And that weird, you could be an active investor with a minority passive position. That's why I said this thing's like chess. It can get any variety, but he's been a mentor to me and he's super aggressive. He comes in, you don't want him coming into your company because he comes in as a pure active control hostile investor. He comes in and destroys you. So if you're the CEO, when you see this guy come in, man, he will, it's a bad day for CEOs. Now the good news about that for the world is that sometimes active control hostile people make the world a better place because they clean the company up. That's how capitalism works. Capitalism very complex. And it's weird. Just be honest, has anybody ever got this lesson in your entire education? Junior high, high school or college? How many people have learned this before? Most people have never, it's insane. Even people who went to business school, people don't understand this. I learned it by actually doing it and with a mentor and doing it, you know? Somebody said he killed the sands, the plastic casino, you mean to get. Put this here for little bits, we can charge. Yeah, purchase, put the charger underneath it. Make sure you do that. How do you get a girl that looks like Kate? I wish it. Women like guys that are going places. So that's my advice. I'll keep it nice and simple that way. You don't have to be the richest person in the world. You don't have to be the best looking. But women's brain is calibrated to know who's going places and who ain't. And a lot of dudes, if you sit there and play video games all day, buddy, and let you ain't gonna get it. I mean, let's you find a gamer girl. But even then, she's probably gonna be like, I'm a gamer. Why are you gaming all the time? Let's see. I can move this. Let's put it back in there. We'll switch it. Sorry. My setup was not as genius as I hoped. Insta, we back. We got this little tripod. Whoever invented these could have come up with a slightly better. That one's risky. That one's risky. Adrian's risky. So anyway, that's my, people always, men are always asking about women. You know. I feel like it's not even showing you. Most men, you all are, you overthink this game too much. You know? Dudes are always like, ah. It's like, are you paying Kate? I'm not paying Kate. Because you overthinking the game. I'm learning. Who owes me $1,200 actually? I actually owe him. I suckered her into it. The secret to winning vets is always let them win the first one. So we were playing basketball. You didn't allow me to win. Okay, whatever you think. There's a, I'll tell you a famous story about the founder of, I think, Payless Shoes, he committed suicide. Vegas used to be run much more by the mafia and the mafia suckered a dude into giving his entire fortune. They had cameras where they could see his cards. But the core thing, they let him win a million bucks the first time. And the dopamine that was released in his brain was either the founder of, it was like Payless or KB. I forget what the guy, you couldn't Google it, but you always let, so I let her win the first one, three point shootout yesterday. 200 bucks. And I said double or nothing and people can't resist that greed. It's like, ah, I beat Todd first time. So then I won 400. How'd we get to 1200? Then I started shooting half court shots. We tripled it. Yeah, I said triple or nothing at 400. Should have never taken that. Should have taken, which actually is a good little side. Okay. Number three, we did number, we did number two already. I say number two. So number three, take some money off the table when you're an investor. Okay. Take some money off the table. Take some money off the table. What does that mean? It's like, don't be totally greedy. I see that with investors. So let's say, for example, you're investing. All right, here you go, Machado. How are you? Mind you, Jitsu teacher popped in here. I can't, I can not. Somebody said, suck with your basketball. I'll mop you off the floor. I'll take your $1,200 too. People try to intimidate me in basketball. I'm like, bro, I play like Chris Paul. I almost beat Chris Paul in horse. You think I'm afraid of your ass? I can shoot with NBA players. Shooting, not play. I can't beat him in one-on-one. But in just straight 18 foot jumpers, I can play with it. I can play right with the NBA guys. I can hit nine out of 10 threes all day long. So people don't know that about me. I play at one of the top high schools in the world. So I played in the same league as John Wall. My school in low North Carolina got a lot of pro players. BJ Tucker's out of there. Nate McMillan, the coach came out of there. Pistopee Meravich, Jordan, Michael Jordan, Jerry Stackhouse. I'm happy to take somebody else's $1,200. I had this pro basketball, remember? This pro guy came from Germany. He was like six foot eight pro. He didn't play in the NBA if he played. And I destroyed him and he was so, he's like, please don't push this. It was on live. That guy talked so much shit. I was like, all right, let's go. I'll tell you, somebody asked my favorite achievement. I'll tell you my favorite achievement. Metal World Peace, the NBA defensive player of the year came over to my house. It's on my Instagram. And I was like, let's play one-on-one. So he's six foot eight NBA player, defensive player. I got the first ball and I got such a good shot over him. He was very shocked. Then the next one, he swatted. But the point is, the first one, I totally surprised him, but you can't beat him in the long run. NBA defensive player of the year is tough and he got long ass arms. Okay. I could be looking great with a ponytail. Sometimes I do the samurai thing. Where? Heidi, do you have a... Heidi? Do you have a, how do you say it? I'm reviving my Spanish because I live in Eston. Oh my God, she's so sweet. She's just like... Liga, Liga, you know what's interesting? Integrate her like that. Like this? How do you say it? Liga, it's interesting. I say sugar. Sugar. Sugar, because... Gracias. I'm half German. I grew up with my white side, but my dad's Spanish. I'm Puerto Rican, so now I live in Puerto Rico. My mate is from Cuba. She don't speak no English. You all wanna learn? I know, I was like talking to her earlier. Number four is immersion. That's how you learn. Oh, gracias. Immersion. Let's talk about this for a second. Immersion. I'll use the language. You wanna learn how to invest? Immersion. So, Spanish, like my Spanish is very rusty. I get myself a maid that doesn't speak English. And guess who? Spanish gets better real quick. Mine. So, if you wanna learn investing, you need to immerse yourself in a world full of investors. So, that means going to investor meetups. That means being on investor Zoom calls. That means being on things like this. It's just immersion. Even if you know a lot of things that I'm already saying, you're gonna pick up one golden nugget. And that's what I do. That changed my life in every area. Like, when I got serious about business, I was 19. I'd always wanted to be an entrepreneur, but, you know, I didn't have that. My mom was a single mom. And then, you know, I lived in a mobile home when I came to high school. So, I didn't, I wasn't dirt poor, but, you know, I remember it's funny looking back. My mom would be like, all right, for Christmas, what do you want? Yeah, I've saved $100. That's what she used to tell me. That was a big deal for my mom to save $100. I look back and then when she got married to my stepdad, she's like, now we're gonna have money. And then he was like, we have $300. It's just weird, like looking back, I was like, 300 bucks. She used to budget like food, like my mom would be like, all right, it was like, we can't get this. My stepdad, before a movie, would drive to a grocery store to save like $1. He's like, you can't buy that movie candy. That's enough for $4. We drive an hour, not an hour, but he'd drive like taking extra 30 minutes. And he'd be like, I saved two bucks. He's like, that's how you do it, Ty. That's how it was created. He didn't really know how to create wealth either. But that was his best get. He's like, I was like thinking, we saved $2, but we also wasted 30 minutes. I'm like, if you work for four bucks an hour, if you could make your time work four bucks an hour, we actually lost money. But going back to what I'm talking about here, immersion, what changed my life was when I was 19, I went to live on this farm with a guy named Joel Salatin. It was pretty famous now. If you Google Joel Salatin, he's a marketer, but he's also speaker, thinker. He's written 11 books. He's one of the leaders of sustainable agriculture. He's a fascinating guy. But I lived in his backyard in this little house. I just took a video of it. It's insane. That house had no toilet. He literally took a saw. You know, they have like these little saws and cut a circle in the floor and put a bucket underneath there. He goes, that's your bathroom. And that was, I lived there for 18 months. I can't believe he never made you a bathroom. He told me, he's like, I want to make a composting toilet. That's sustainable. It'll compost everything. But he's like, so I, but I was immersed in that life. I only left that farm like two times. So I was totally immersed in that life. And the way you learn anything, whether it be investing, building a business, the ideal way is shadowing and immersion. So yeah, and that, by the way, somebody said no toilet, wow, it was cold, dude. The coldest winter in the Shenandoah Valley, Virginia came. And that thing was so cold with no insulation that it was, I would go to bed, I was sleeping and sleeping back, zip that thing up to my face and a glass of water next to me in the morning will be frozen solid, dude. That room was 25, try to sleep. People are like, oh, you should sleep where it's cold. I'm like, try to sleep in a 25 degree. Now there was no wind because there used to be wind would come through that toilet hole. So I went, but I remember in the middle winter, dude, I went under there, I bought with my own money some of this insulation board and I crawled in the mud and was nailing up to try to make it was cold. I used to wear 14 t-shirts. That's how I figured out how to stay warm. If you put on 14 t-shirts and you, because I would have to work outside for eight hours, manual labor, you don't get cold except you're facing your hands. So anyway. I think that was, that's good. Yeah, toughen up. Going back to that number two, the reason a lot of you don't have the money you think you should have is because you're just not disciplined and you're not tough. I hate to break it to you. You're a little bit of, what am I allowed to say? Wussy, we'll say wussy. People, that's how people are, you know? Advice for a 20 year old, toughen up. You can't wake up at five in the morning. Not because waking up at five in the morning makes you wealthier because there's a little call icon by the way used to wake up at 2 p.m. So there's wealth. People often go, oh, you know, you got to wake up early to create wealth. It's not actually that's not true. What you need is you need discipline overall in life to be able to stick through the immersion times. Okay? So you need some, you know what people really need? You need somebody to kick, put in a foot in your butt, kick you in the butt sometimes. You can go wake up, let's go. You're squandering, who here feels like they're squandering half their life away? Probably are, that's why you have that feeling. People have anxiety because they're like, I have anxiety because my life sucks. I'm like that's because your brain is very accurate. You know that depression, if you actually study clinical depression by mentor Dr. David Bus, he's been mentoring me for 10 years. He's a very accomplished, he's a Harvard. He wrote the textbook on evolutionary psychology for Harvard, Yale, all that. He told me what happens when you get depressed. People who are depressed often are less delusional, meaning they're actually seeing the situation more accurately. So I'm not saying you should be depressed. I'm just saying depression is a functional tool. Depression is a functional tool of the brain and you don't want to be permanently depressed but sometimes when you're feeling that feeling, there's some truth to it, you know? So for each of you, you gotta ask yourself, do you feel like your life sucks because actually your life does suck? And that's a awakening moment, that's an inflection point. When you study life, life goes in an inflection point. You're here, here, here, here, here, here, boom, inflection. And those inflection points are also where wealth's created, like I've had my life be going down and then there was an inflection point. And if you study that point right there, and you can dissect this in other people's lives if you study history, the inflection point almost always is around pain. That's why a problem in the world where people over medicate themselves, I mean, some medication's fine, but if you dope yourself up too much and you never get the pain, you never get the inflection point because just think of great people throughout history what changed our life. It was usually some pain point where there's Abraham Lincoln, Martin Luther King, Jr., Malcolm X, Napoleon, you know? Napoleon had a famous inflection point where he became kind of the conqueror of the free world, but early on, right after the French Revolution or during the French Revolution, there was one inflection point where he saved the city or he put his cannons up on a high hill. That's kind of the inflection origin story of Napoleon Bonaparte. And if you look at Alexander the Great, these people, he had his inflection points and Socrates and Plato and Muhammad and Jesus Christ. There's all these stories. If you study religion, Buddha, Siddhartha, Gautama, whatever Buddha, he sat under the Bodhi tree, he was wealthy. His way, it's interesting, Buddha, his life was actually going up, he was a wealthy prince, but he had an inflection point right here where, and this is where he sat under the tree, you know, the famous story, but the inflection point was he didn't like this roller coaster ride that the world thought was up. He realized he was actually going down, you know? So that's like an epiphany, that's a whole another, but it was built around pain, but it was the pain of realizing that his life was meaningless, even though he was a prince. You know what I'm saying? So, if he was just playing video games, some of you are just playing too much video games, you know, you watch it too much porn, too much video games, too much weed, too much alcohol, too much Tinder, whatever it is. And for men, it's usually different than women. Women, maybe, you know, too much fantasy world, men too. But those addictions keep you, you never feel the pain, you just medicate yourself out of them. And so, it's hard to create wealth and it's hard to become a great investor if you don't have that discipline and that, those inflection point moments. Some of you are overthinking everything, by the way. Who's an overthinker here? Who's an overthinker? What was my pivot point? I mean, my pivot point in my life was when I was like, realized I didn't have a college degree, I lost touch with all my friends, I didn't have a car, I didn't have a house, I didn't have any money, I was like sleeping on a couch in a mobile home. I remember that day. I get funny, I can still remember it. And I was like, depressed. I was like, what is going on? And out of that, everything changed really quick. That's the cool thing, is that oftentimes, when you let the pain bring you low, you get a big jump. As opposed to never letting the pain hit, and then you just have like this super slow kind of, you know, this, which is, that's depressing in life. It's better to go down and then back up than just vacillate, like that's the worst life. That's what Thoreau said, the massive men lead lives of quiet desperation. What's called resignation is confirmed desperation. That's what most people, this is the holding pattern, probably everyone you know, they have little ups, little downs, little ups, little downs, and the whole thing is trending down. So it's like little bumps, but it's like trending down. That's the course of most people's life. Whereas like I said, if you see Buddha or, I mean, you can see this in every religious story is similar, stories of Jesus Christ, you know? It's like death and then resurrection and other religions have a similar thing like that too. Other stories, Native Americans have that, you know? The death, the flood of the world and then the rebirth of the world. Black feet Indian have that, Sue Indian have that. Egyptians have that same story. There was a famous philosopher, historian slash philosopher named Euripides. Anybody know who Euripides is? Another one of those things that I should teach you in school, but he wrote about things like kind of Helen of Troy. I mean, these were sad stories. Some of the saddest things I've ever read is like Euripides talking about, let's say, the fall of Athens, which is Greece. And talk about, boom. I mean, you all have heard the Trojan horse story, but you haven't heard the full story of Euripides. You know, where they took, the invaders took the grandson of the conquered and they showed it to the grandma because the dad had been killed in the parents and they're like, your grandson, your grandson must die and they threw him off a cliff and it was like the grandmother's life and the life of that civilization disappeared. See what I'm saying? Whole civilizations have disappeared. You look at Easter Island. There's a great book called Collapse by Jared Diamond. I know Jared Diamond, he's a fascinating guy. He wanna pull a surprise for his book, Guns, Strums and Steel. So out of these civilizations fall, you know, everything falls too in the end, including you and I. So be humble because even the wealthiest will disappear. Jeff Bezos ain't gonna always go up, Elon Musk will fall. I mean, you fall when you die. Usually your kids can't keep going, but that's okay. That's part, that's okay. You don't have to get depressed over that. That's just like you don't get depressed over the fact that your dog lives and dies and you don't go, what's the purpose of your dog's life? The purpose of your dog's life is to be alive here. And that's the purpose of your life and is to try to thrive while you're going, you know? Somebody on Instagram, Harry Brooks, said, you're not rich. Now, compared to some people, I ain't rich. Compared to Rockefeller, I had $600 billion in today's dollar, I ain't rich, you know? Compared to how I grew up, I am. Compared to how I grew up, I'm rich. But compared to, you know, compared to some of the Moroccan kings, these guys had 800 sons. Mumbark, the bloodthirsty, sat on a crown, on a hill throne of skulls of the people he conquered. It's insane. He had 800 sons. Back then they didn't count their daughters. Ross Childs were rich. This dude controlled the whole empire. I'm not rich. You know, some of the Aztec kings, they were rich. The Incas, these people, when the Spanish came there, these dudes were like sitting on gold chairs. You know what I'm saying? So keep it all in perspective. To me, it's a game. Life is a game. It's a puzzle. And that's why I'm doing this call now, you know? It's like, can you put together the puzzle of your life? Just think you're like born and there's like a 800 piece puzzle. And it's like, there you go. That's your life. And you know what? Most people put together three pieces of it and then they give up, smoke, drink, play video games. That's about what people do now. And that's okay. I'm not against video games per se, but that's not the game that I wanna play. And what I liked about the investing game, going back to investing, talk about a puzzle. My brain sometimes is like, I gotta immerse myself. I'm talking to smart people. I'm like, I just flew to Dallas for a deal and I'm sitting there on, I took a jet because it's easier to, I don't like to, I don't, I do some commercial, but some debt in that. I was just like in the jet. And I was, I brought a book. I didn't even read a book. My mind was just going, it's like, how do you piece together to take minority control? You know, I like, I don't like to do hostile stuff in the investor world. You just get, you gotta have real thick skin for the hostile game because it actually creates its own. If you study game theory, it's called tit for tat. You move one way and you attack and just be ready for other people to attack you back. It's like going to a nightclub and smacking people in the face. Be careful, you're gonna smack the wrong dude and you're gonna snap your neck. You know what I'm saying? Okay, let's keep moving through this. We have four more, four more. Now, I'm going to put up a, is that my real phone? Oh, that's my main phone, okay. I'm gonna put up a link because some of you are just here for half of this. I'm gonna pin it. You may need to pin it. Actually, Itzel or Josh is watching. I'm gonna pin it. If you wanna go into my advanced mentoring where it's an immersion program, I have four levels to it, okay. It's four to 12 months. I'm gonna put a link. We have an application. There's a deposit you put down just to show you're serious. Then you pick a time my phone team calls you to make sure you're a good fit. Not every, only about 20% of you are a good fit. Everybody can apply. And if you're not a good fit, they'll refund the deposit. If it is, you are a good fit, they'll apply the deposit to whichever of the four levels. The four levels are coaching, which we do virtually like this, but in a smaller group, instead of having 1,000 plus people on its small group, I'm basically looking for 300 people that I can transform their lives. And I do this, I did this two years ago or four years ago. I've been busy. The last two years I've been buying, I own 23 companies now. My life is pretty complicated, but I do, I have Friday, Saturday, and Sunday that I can focus on this. Monday through Thursday, I'm busy with my bigger companies. So if you want, by the way, if you're looking for somebody to do advanced mentoring and they have a lot of time, you probably don't want them as a mentor. That's one of my, all my good mentors are hard to get on the phone. All my good mentors, some of them are billionaires. Some of them are not even formal mentors. I just like Mark Cuban. I'll ask him questions sometimes. Tillman Fertitta, I'll text him. Tillman Fertitta, you know, worth $5 billion. It's like, if I text him, I get like a 50-50 chance to respond in 30 days. Mark Cuban is funny. He responds fast on email. You can only email Mark Cuban though. You're not texting. That dude answers emails quick. But he usually answers one word. It's hilarious. I can write this long and he'll write back, bink. And like I said, he's not a formal mentor of mine. I have formal mentors. I have a couple Nobel Prize winners. Professor Eric Maskin from Harvard won a Nobel Prize. I talked to him. Professor Chris, he's a sir. He's a knight. Pissarides from London School of Economics. But I pay those. I pay. I like to pay. You know, paying is the best way to get a mentor. Like I don't even ask. Like Dr. David Bus has been my friend for a decade. Robert Trivers, who is one of the most genius mentors I've ever had is Robert Trivers. If you don't know who Robert Trivers are, if you think you've met a genius in your life, oh no, you haven't. Robert Trivers is such a genius. He founded a whole like modern evolutionary biology is based off him. And he's been an insane asylum too many times. Two times. Yeah. That's how smart he is. He goes like off the rocker and comes back. He's 80 years old now. But I just pay him. When you pay, you pay attention. Yeah, you pay. It's like, why not? Why would I ask him? I'm a stranger. I'm like, yo, Professor Masked, you're a Nobel Prize winner at Harvard. Will you talk to me for free all the time? Like I wouldn't even do that. It's kind of perude, you know? But the modern gen, and that's why I get all these good mentors and people are like, I ain't paying for shit. I'm just going to go YouTube. I'm like, great. You get your advice from YouTubers. I'll get them from people who wrote the textbook of how evolutionary biology worked for reciprocal altruism, parent, kin, offspring. These are the most powerful scientists to ever walk this planet. They have a full body of work of Newton, Einstein, Lamar, Darwin, and they're in 2021. So that's one of my secrets. Immersion. I have 36 mentors that I talk to. And it makes me be able to catapult. Any time I want to learn hostile takeovers, first thing I do, find the number one law firm in the world, number one lawyer in the world that does activism. There's several firms in Manhattan. I pay them. These dudes are expensive. They're 1,000 bucks an hour, these law firms. I've had big law. I have big legal bills. If some of you saw my legal bills for the company acquisition, I think my bill in January was $1 million. To buy Radio Shack was 650 page document. People are like, hi, I freaked out about paying for stuff. I'm like, oh, I've gotten a million dollar legal bill more than once this year, just to buy companies, you know? There's levels to this. But I'm sure Jeff Bezos gets $10 million ones or $20 million ones, you know what I mean? So I'm going to put a link here. If you're interested in, yeah. So can you put the link? Yeah. Let's write it on the board. It's just tylovis.com slash start. But we'll put a little thing here. Hi, I've posted on all platforms. You posted on all, pin it on Instagram. You should see it. You can just hold it down, scroll. Did you put it on speakeasy, Facebook? Yeah, on all of them. See if you can find it on Facebook and then you can pin it somewhere. You saw it on the Facebook live? I don't see it. Can you put it on the Facebook live? Yeah, I've posted it again. How come I don't see it? It's Facebook live. All right, here. Can you do it on IG? Yeah. Oh, there you are. There you are, got it. Pin it. Yeah, I don't see it on. What's that one? That's Twitter. Don't worry about it. Twitter Live is dopey. Twitter gets, I have 27 people watching. Twitter is like 125, 100th of everywhere else. I want you to talk, how to have a better credit score. With freedom unlimited. Okay, tylovis.com slash start. I'll read off the name of the people that are getting in the mentorship. Well, I'm gonna keep, here we go. Chiprin, Dumar, Dumit, Rasku. Just got in, did the refundable deposit. Welcome, Chiprin. I haven't scrolled down to look, but. Do you do credit tips? Yeah, I have some people that teach credit that I'm gonna put in the mentorship program. So what you're gonna learn in the mentorship program is advanced investing, e-commerce. Social media, virality. This is a powerful thing, man. You gotta remember, like I rolled out all these programs. I rolled out my first program, I remember. I think it was 2012. It was either 11 or 12. It was either nine or 10 years ago. I did a talk at my house in the Hall of Goodhills. I had all these business guys. I was writing book of the day summaries. And these people all came, remember like 12 people? And I was doing a TEDx talk. So I said, I wanna practice my TEDx talk. So all these people came and were like friends. I lived in Hollywood for a long time. So I knew all these wealthy business people. And I remember like 12 people came maybe, sat in my, and I told them my talk. And then at the end, I said, for $25,000, I'll coach you for, I think it was for a year. And I was like, who's interested? And eight out of the 12 people raised their hand. I remember. One of them's James Swannick. You all, you know James. He had started three businesses. None of them had done that well. And I said, give me $25,000 and I'll help you. And he sold, he didn't have, he wasn't a super wealthy guy, but he had $25,000 and he's Australian in an Australian house. And he called me and he goes, Ty, I'm your friend. If I sell this $25,000 piece of property in Australia and give you the money, are you really gonna help me? And I remember feeling like, oh crap, this is like pressure. And I was like, dude, I'm gonna show you this stuff that I've learned and my mentors taught me. So he wired me $25,000 and now he owns two business. Some of you all know, one's called Swannick. It's a blue blocker glasses company. And now he owns a super successful business that helps people break alcohol addiction. Wow. And yeah, he's a friend, he's like that. That was the inflection point for him. He had started three business on his own, but he hadn't had a merchant from other people helping him. So it was a game changer. So I have three, I still have that love. That was the first real kind of thing I was doing. What year did you do the TEDx? I did it in 2013, but they wanted a title for it and I took one year to think about it. I remember you did a poll on your face. Yeah, I did a poll, I thought about it and finally I called it law 33% while I read a book a day. And then so they didn't release it to 2014. So I think I started practicing for it in 2012. Okay, Eric Vera from Beaverton, Oregon. Welcome. Make sure you set your calendar event, Owen Steele. Damn, that's a name, boy. You sound like an actor, it's a poor name. Owen Steele is a good ass name, man. You need to build all your companies around your name. That's cool, I got this. It's like, Owen Steele Ventures. I want to invest in that. I'm like, I respect this dude already. I don't even know what he does. He's talking like freaking out like, woo. Owen Steele is the man. Yeah, my name, you know what's interesting? When I started my coaching also, I started it as millionaire life coach. This is where, remember I told y'all, okay, number five, overthinking stuff. I'm gonna give you an example of overthinking. I wanted to start business training education. Back when I started, people thought it was scams. Now nobody thinks online education is scam. Masterclass is a billion dollar company. You to me is, you know, now it's like more understood, but back then I started it and I was like, what should I call it? And I was like, millionaire life coach. That's what people want. So I went and I overthought it because I thought for like a month, like what name should this be? And I don't know, for like finally one day I was like in the shower and I was like, millionaire life coach, this is the damn name. And I bought it. It was like $2,500 domain. And I was like, this is gonna make money. I remember I posted it and basically it didn't, nobody bought anything. And I was like, so I was invested. I had invested my money and my time, but this principle I'm teaching right now, number five, stop overthinking. Then I was like, somebody, I think it was a girl I was dating was like, why don't you just call it Tai Lopez? And I was like, no, that's too simple. She was like, can I just call it Tai Lopez? So I went, believe it or not, I hadn't bought Tai Lopez.com, always buy your name. Go to right now to like name cheaper, go daddy and buy your name. So I went real quick, I bought Tai Lopez.com and I reposted the same material and instantly I started getting sales. So I'm going, ah-ha, it's possible to overthink if you wanna make money in this world. It's as simple as a lot of this like, and then I learned my lesson though. People are like, what kind of logo are you gonna have for Tai Lopez? And people are like, oh, we're gonna make a little, you know, a little mini person, like a little caricature, da-da-da. And then I was like, what if I just type out the word Tai Lopez? And to this day, if you go to my website, my logo is Tai Lopez, blue and gray text. I think I made it myself. And that business made a lot of money. So some of you are just classic over thinkers, man. And some of you are under thinkers, by the way. Some of you act without thinking, but I have found, in general, we're living in a world full of over thinkers. All right, Felipe, you accidentally paid twice. It's so, can you void one? Felipe C. Arrancivia from Tempe, Arizona. Don't worry, we're ethical. We're not gonna charge you twice. Felipe, you accidentally paid twice. Don't press that button. Chris M. Walker, Myrtle Beach. Welcome to the program. Awesome. Is that custom software? That's the deposit. Remember, you talk to my team tomorrow, put a calendar invite. We now know you're serious. The reason we charge money for a deposit is five days ago I did it on my Instagram. Do you want me to mentor you? And like, we broke the calendar link. Got like, how can I have a few? Yeah. Million dollar body, keep berries around. Don't be eating so much fruit. Eat berries, man. Modern fruit is engineered and hybridized to be too much sugar. Blueberries are not so hybridized, especially small blueberries. I have 1200 acre farm, so I grow a lot of this stuff. Blueberries have one calorie each. And they're one of the only thing with more antioxidants are blueberries, goji berries. But I can't grow those. Raspberry's are good. Blackberries are actually healthier. Eat berries to get rich. Let's put that. Okay, number six, let's throw it in there. Are you serious? No, not berries. You gotta have energy. You need to eat better. Some of you all, your problem is physical, not wealth. Well, these are nice and cool too. Some of you, trust me, your problem is physical. There is a lot of science. There's something called hypomania. Who knows what hypomania is? Because wealthy people on average have much higher incidence of hypomania. What hypomania is, is extreme levels of energy. No, my cousin, Maya, I never realized it about me. But I talked to my friends, they're like, I think you have the most energy of any human on earth. No, that's not true. But in their world, since they grew up, I don't know, they grew up, but I do have high energy. And part of that, I think my mom, my mom got into organic food a long time ago. My dad was a drug dealer. And when my mom got, they were married before he went to prison. And when she found out she was pregnant, she dropped all drugs. Even though my dad was a bodybuilder, so he might explain, my dad only did healthy drugs. He did mushrooms, psychedelics. He was like, stay away from all of it. Like, he didn't like heroin and stuff like that because it's manufactured. He did cocaine, which is kind of natural, but not really natural, but he was heavy. And my mom was like, I dropped everything and I really got healthy. And she got into organic food. And that's a blessing from my mom, because your parents can curse you. If your parents eat shitty or drink when you're born, you can recover from it, but it kind of sucks, unfortunately. So for each of you, you gotta clean up the dial a little bit. I'm just breaking it to you. Like some of you all, that Cheeto life, ain't gonna get you where you need to go. Look at Jeff Bezos now, he's all stacked out. He's all, ugh. Now there's exceptions to the rule. There's little dweeby people who make money too. But here's my rebuttal for that. Guys, money ain't gonna help you with women as much as you think. I know all you do is they never had money or just like, you get money and then all women like you. No, they don't. Women have very sophisticated algorithms for what kind of men they like. They do like success, but ain't no woman fantasizing about Mark Zuckerberg. There ain't no people got Mark Zuckerberg on there and he's got whatever, 100 bill plus. Ain't no because he's like dweeby too. If the dude put a little muscle on and paid attention to his body and had 100 billion. Now of course he's married so he doesn't care maybe, but still, and those people have hypomania. Very active. Jeff Bezos, Bill Gates. You look at Elon Musk has like four massive companies. So stop eating processed food. Hit the gym six days a week. I repeat six days, nine five, not seven, but nine five. Why do you do it? And this goes back to the immersion. The way you get good at investing is you're completely immersed in it. Every day you're learning about investing. Every day you're learning about making money. Six days a week. You can take one day off. I take Sunday off, even though today's Sunday and I'm doing it, but usually I take Sunday off. I just, I have to fly today. So I was like, I'll pop in on this thing. Every day you are immersing yourself, but not all day, you want balance. Some of you go into the gym too much, you know? Some of you are thinking about making money too much. It's the balance life that wins. Okay, we have two more. So now let's talk about asset classes. Asset classes. All right, also let me just say a few people who just got in and applied with the refundable deposit. Saul Escobar, Los Angeles and Equila with no last name from Memphis, Tennessee. Welcome. I look forward to seeing you in the more immersion advanced mentorship program, the immersion mentorship. You need that. Some of you don't need it, but a lot of you do. It's what I did. Okay, asset classes. So we talked about, you know, passive versus back, active investing, most everything you learn in the world is passive, but that's not where the most money is. The money's in active investing, which splits into minority control. Within controlling activism, you have minority and majority, meaning you can gain control in companies without owning the majority, just to be clear. That's a common misconception. You don't have to own 51% of a company to have a majority. In fact, like I said, Warren Buffett owns I think 6% of Apple and he's a control active investor. And then you can take more control through friendly, hostile, there's green takeovers, there's all kinds of, green is like kind of like legal blackmailing, but don't do that. I am a big fan of more of a friendly thing. So we, I have a position I have a control minority position, me and my business partners. So we have board seats on a NASDAQ company, okay? It's public, you can Google it. There's something called a 13D filing that I have to do. 13D just means when you get large enough control of a publicly traded company in the United States, you have to tell the whole world. So sometimes people are like, are you telling the truth? I'm like, yes, because it's on a, it's on a US government website. So some of that 13D type stuff are things, who here has ever read a 13D by the way? Who here has ever heard the phrase 13D? This is the modern state of the school system. Nobody's ever even heard of the phrase. Be honest, who's heard, what does that mean? Okay, I'll take that, that you don't know what a 13D if you're asking, what do we got? Facebook, Twitter, Chris Goodeal has read about it. Gloria has never heard of it. Sheik, I like your name, it's a good, another power name. Meet my friend in this business meeting, his name is the Sheik. Why the hell have you never heard of a 13D? So you can Google what a 13D is, but it's a disclosure document and it pertains more to this universe, which nobody's ever taught you, I promise you. And this is more advanced, you're not gonna start out as an 18 year old on your first day of investing and jump into activist type stuff, but you should learn it, you should learn it before you need it. That's how life goes, and that's the big shows or ownership stake of a company, of a public company. Cool, okay, thank you. Asset, so let's talk about asset classes and reading by the way, Warren Buffett's reading about 500 pages a day. He said when he was young, he could read 800 pages a day, but some of what he reads, he reads 13D filings, he reads all the public docs that companies put out, their core release and so on and so forth. You should do that more. The US is broke, not quite, people like to think that. The US is not broke yet. I think the US probably is in cultural decline, but it's still pretty wealthy. But the other countries are, Sweden. I was in Sweden for three, four months this year in Denmark. They have more billionaires per capita than the United States in Sweden. Denmark's about similar, you know? So I don't think America's dead yet, but I think it's out of cultural decline in the sense that America used to be like pioneered. America's kind of become like obese, non-educated people, sadly, in a lot of places. Whereas when my grandma came to America in 1939, it was a different place. Families, people were hardworking. Most of the world was rural. When my grandma was born in 1918, 90% of the world was rural and 10% lived in big cities. Now you have people live totally. You should never live 100% of your life in cities. I live about 50% of my life in big cities, London, Stockholm, Copenhagen, New York City, Los Angeles, a little bit in Dallas, Miami, San Juan, Puerto Rico, but I spend a lot of my time on farms. I just bought it. I just closed on a 185 acre farm. I need to post more of this shit in Virginia. I bought, I now have about 1,400 acres of farmland. I need to add it up, either 12 or 1,400. So asset classes, let's get into a little bit of asset classes. I like farmland, but farmland's super advanced. Do not invest in farmland. I've been doing farm stuff since I was 19, don't do. Yeah, I bought 185 acres that's attached to, so I have a farm as 152 that I just bought. I forgot, I owned another small farm that I bought in 2016 in the middle of the Amish community. So that one's only 10, but it has industrial buildings on it. So that's 162, and I just bought another 50 roughly. So that's 210, about 30 acres, so it's a 240. And I just added this 185. So that's just, it's like 520 acres in one, it's the middle of the Amish community, they run the farm. Then I have well over that up in the Shenandoah Valley. So I'm like at 1,100 acres. Bill Gates owns 250,000 acres of farmland, and I'm trying to get there. So asset classes, if you go in the world of asset classes, you have so many asset classes, okay? It's absurd now. I mean, now you have crypto, which sometimes people don't consider an asset class, but I do consider an asset class, it's here to stay, I think, you know, you have real estate, but real estate breaks into so many, some, you know, you got multi-family, you got single-family homes, you have farmland, you have raw land to develop. So I'm developing, me and my business partner bought a whole bunch of luxury real estate, probably valued at about $20 million to $30 million right now. And some of it's raw land. You can do luxury, we have a luxury real estate. So we're building a mansion for sale. It's actually for sale right now in Puerto Rico. Then if you wanna buy it, $16 million. But it'll be built, done in February. If you wanna buy it now, it's $14 million. So luxury real estate is a subcategory. Now you start getting into all the public stuff. So in public, you know, you have all the micro-cat, small-cat, you know, and then you start getting into this larger categories of stuff, which, you know, that's in P500. And there's, I mean, you can break this. Public is super fragmented. And you also have, obviously, you have the bond markets and you have the whole world of treasuries and you have the worries, the money market world and you have the worry of hyper-short-term loans, like commercial paper, okay, CP, you can call it. And then in the assets, you have banking assets too. You have insurance assets. So there's a whole concept called reinsurance here. So reinsurance insurers resell the, like if you have a car loan with Daico, they may have sold that loan to somebody else into a global network. Now, believe it or not, you have asset classes around fulfillment and logistics, meaning you have cargo now. And that's actually going back to like the Medici times, 1500s, they were doing these bills. So right now, if I flew over, I took a jet from Phoenix. I had a big business deal in Phoenix with a family office and I flew in, what was last? I flew in Saturday for another business meeting. I was flying over the port of Long Beach and there's 67. Can you believe it? 67. Oh yeah. Like 67, there's 67 freighters and building. It's a big catastrophe and so there's also an asset class around cargo, you know, just car. And then there's here, there's a whole currency markets. Some of you are into foreign exchange stuff and we can keep going. Who has some more that I haven't even thought of right here, but yeah, you have the banking assets which are cash, CDs, so on and so forth like this. Why is the camera? Somebody said this is so obvious. Yes, but remember, Michael Jordan practiced bounce passes every single day in practice. So all of you who look down upon the fundamentals are fools. So just remember that. I call that the Michael Jordan rule. Michael Jordan, Scotty Pippin, arguably the greatest basketball team in history. They practice bounce passes just like they were six years old. Every Phil Jackson, probably the greatest basketball coach ever. So all of you who are like, oh Ty, I already know this, but do you? Show me your portfolio. Are you developing raw luxury land? Because to make this more advanced, you can start blending them together, right? So you can develop raw luxury multifamily. What I'm doing right now is developing luxury raw single family home. I've got a piece of property that's two blocks over. It's in a five star resort in Puerto Rico. And you know, it's a single family home. It's about 8,000 square feet. It is a baller house. I almost wanna keep it for myself. Wait till we see this sucker. And it's got fully off the grid. We're putting in solar because you have hurricane in Puerto Rico. This is a house, man. This house, you haven't even seen it. Yeah, this sucker. The guy building it for me is one of the best builders from North Carolina. This thing, you go out the back and it's got the whole house as an infinity pool. But then when you go up to the master bedroom, he built an infinity pool on the second floor and you can look out. It's a 360 view of a lake, a top golf course. It's gonna go on the PGA tour in a couple years. The Yunkay Rainforest, which is one of the most unique rainforests, and then you have the ocean crystal clear. Oh, it's, dude. And now we changed it. He was gonna put air conditioning units on the top roof out the master bathroom at the closet. It has a secret, you go out the closet. So you're in the master closet. It's not a normal place to put a door. You open this sucker out and you go onto this terrace that looks out on crystal clear and the water is a reserve. So that means there's coral reefs, no jet skis are allowed, only water sports. So like I surf there, but you can't mess with the environment, no engines. And it's just like, the house is across the street. So what I'll tell you a little technique, try to buy, if you're going in luxury, single family, try to buy one of the cheaper things on a wealthy block because then you can get in. So this place that we're in the next door neighbor, which is beachfront, the ones I have on beachfront that I'm developing, we have two lots. The one across the street start at 26 million. So I like to be able to be like, I got a 16 million dollar house. If you don't want to live right there for 26 million, come right to this house. I don't like to own, if you own the richest house on a block, your market of buyers just shrinks to almost nothing. Cause a lot of even rich people are cheap. It's a little side tip to put that down. Seven A, rich people are cheap. A lot of people are like, oh, I'm going to sell to rich people. Rich people are cheap. All right, sorry. Let me add Kia Thomas. Welcome to, you put down the refundable deposit for the immersion advanced mentorship. Make sure you put in the phone. One of my teams should call you to do the full application bill nine, but it's NGUI. You ain't building either science guy, are you? Okay, Aurora, Colorado, Saul Escobar. Uh-oh, go easy on that guy. You got a powerful family. Saul Escobar, we're going to treat you well. I don't want the Plata or Plumo. What did he say, Plata or Plumo? Yeah. You guys know what Plata or Plumo means? That's what Pablo Escobar used to go. He would drive somewhere and they didn't want to take his drugs. The police officer or whatever. He said, Plata or Plumo? Plata is money. Plumo is lead. Like I'm going to put a bullet in your head. It was a little bit like, have you ever seen the movie, Princess Bride? In the movie, Princess Bride, it goes, there's this scene where Andre the giant comes up to the guy and he's like, give me the key to open the castle gate. And the guy's like, what key? And he goes, rip his arms off. And he goes, oh, you mean this key? And suddenly he found, I could see, I could see Pablo Escobar being like, yo, let me through this bridge to deliver this cocaine and the police officer's like, no. And he's like, you can take this money or you can take this bullet. And the guy's like, I think I'm gonna take the money. I seem to like that option. If you study human psychology, it all breaks down to the same thing. Pleasure, pain, principle. Move people towards pleasure. Move them away from pain. Yeah, okay. By the way, that's really how asset classes are. If you look at every one of these, underlying psychology is the same. You don't want people like, and in crypto, you know, you have the big tokens, the big protocols. You know, you have the big coins and this and the Eats and all that, which in there you have all these kind of, and now of course you have the whole DeFi world, which is a whole another universe, but you also have all these like micro projects that could make you rich. And so notice everywhere, whether it's real estate, public markets, now you have private offerings too, which I do a lot of. So you have private placements they're called. This is a whole another world that's starting to open up. There used to be a lot of regulation on this, but private placements are where you're buying things that they don't fit here. Now, private placement can be real estate too, but private placement can be, you know, investing. You could even in a way put angel and venture investing under here in a sense. Oftentimes people mean private placement. They mean these are more institutional private placements. Angel, Venture, there's Mez. I'm working on some of my companies for Mez. Mezzanine, you get Mez Debt, for example, BlackRock, Blackstone, KKR. You have, you know, Venture Debt. These are companies like General Atlantic stuff. Then you have your alternative lending stuff. You have your all lending. So this is a whole another world. Some people call it Vulture investing. You have, you know, also you have now, you have ABLs in a sense can come under here. Does anybody know what an ABL is? ABLs, asset-based landings, mostly when they lend, I own companies like Pure One Imports. It's one of the biggest furniture companies in the world. So you can operate where they leverage against the furniture you have in your warehouses. So you have ABLs. You have merchant lending now, which is actually this like shadow bank world. You have shadow banking. But we, I've used these merchant lending. These are like, these people basically, they sell future receivables. They buy future receivables. It's very complex because these guys try to charge people 60% interest. And that's against the law, but they found loopholes to get away from it, to get around it. So that's why I said the whole world, the way fine, and then you have CLOs and, you know, back, the person who's one of my next door neighbors in Puerto Rico, if you ever seen the movie, The Big Short, that's him. He made billions of dollars in a short period of time in 2008. Factoring, yes, factoring is a subset that goes over here. But factoring is different than ABLs, my dear. They're in the same universe. They're, yeah. So how come that guy is not saying he knew all this before? I know you're as didn't know all this before. Don't be trying to bullshit me. You get around it by factoring. Michael Burry is from The Big Short. There's more than one person in The Big Short that is a fallacy. People don't understand what really happened in The Big Short. But of course whoever gets the movie and Kristen Bale made about them is gonna be the one. But multiple people made crazy money in The Big. A lot of people made money in 2008. Which by the way, now there's, okay, I have more than eight. Let's go into investment styles. So you have the asset classes. This is me just getting started. And I work in a lot of these areas and it's pretty wild. Yeah, when you start getting the CMOs, CLOs, these collateralized mortgage obligations and this fractional stuff that they're doing, that is a whole new world. The fractional world. Some of it's illegal and some of it's legal. But these are things you all, I'm just kinda opening the mind, you know? Huh, here's my business partner. Let's answer while. Alex, you're on speakerphone with like 1,000 people. Well no, if you wanna hear, we're talking about asset classes and assets. So people are like, I already knew all this. I'm like, bullshit. I started writing more, a little more complicated stuff. Alex, my business partner is a real whiz in the financial world. What am I missing here? Asset classes. I started to get into ABLs, you know, Fulcher, Lending, Mez stuff, Venture Debt. In public, I was like, micro, you know, the bond markets, the commercial paper markets, money markets. I can't even remember what the hell I wrote here. What the hell is T-R? Treasury? Huh? I think that was Treasury. Oh yeah, Treasuries, thank you. Yeah, Crypto, I put in, you know. Now this Alex, I finally got him to like Crypto. We've got a Crypto project we're working on. What's some of the Crypto projects you like right now? Alex is into all the DeFi stuff. The staking. Sushi swaps, sushi swaps. Uniswap, sushi swaps. Yeah, of course you have NFTs. There's a whole nother world. Crypto punks, as someone said. Oh, there we go. Yeah, Lotteries with NFTs. The two favorite things for people. Somebody said you're missing SPACs, thank you. So SPACs, and now we're working on a SPAC, and there's two ways you can SPAC, right? You can merge into a SPAC, like a DSPAC, or you can form your own SPAC. And then there's another one for that dude that thinks he knows I got something more cutting edge than you know. There's an operating contribution asset, it's new SPAC. I like to SPAC these people around that think they're so sharp. So you forgot that, you didn't even know that. Let's see what else he put. But I will give you credit for reminding. SPACs, MBOs, IPOs, well IPOs, yes. Well then merger and acquisition. That's not really an asset class. That's what I was gonna talk about. M&A stuff, which is what Alex and I do. Alex, who's on the phone here, sold his company for 300 million bucks to a New York Stock Exchange company. What year was that, 2019? Yeah, yeah, so, and Alex was working on an IPO, but he ended up with a merging into a German company. But in the NBA world, what is this guy, why is it not sticking? The one time I don't want the damn things to move. It's like whenever I don't want the comments to move, they move. Mr. Van, yeah, I'm on five, I'm gonna send you a picture. I'm gonna set a record, man. I have six live streams going at the same time, but he had another good one. Hey, post that again. Mr. MBO, Ty is too smart to have an ego. Is that true? I thought if you're smart, you have an ego. Just mark my shirt. All right, I'll call you back. Okay, bye. So let's talk about the last thing in the eight. Styles, so technically, some of those are techniques and styles, so like M&A is not an actual asset class. M&A stands for mergers and acquisitions. Now that's something a lot of you need to learn. A lot of you, and I'm gonna teach this in the advanced program because it's too advanced for Instagram Live. How to buy companies. I have a friend, he just buys companies. He just bought a cybersecurity company in Europe. He put $35,000 down, got a COVID loan from the UK government and it's doing, I think it's doing 600,000 profit. I think he wrote it again. So for 35 grand down, he controls a $605 million revenue company. You all need to learn that. Missing SPACs, MBOs, Pipes. Yeah, but Pipes, no, I'm not missing it. SPACs are not in and of themselves an asset class. You could call them an asset class. Those are special purpose, they're blind pools of money. For example, IPO is not an asset class in and of itself. Neither is a pipe. A pipe is a way to inject cash because when you do a SPAC, so if I have my own SPAC and I de-SPAC into Reebok or something, which recently sold to one of my competitors for $1.8 billion. Okay, when you de-SPAC, sometimes you want an injection of large amount of capital and that's where a pipe comes in. So pipe is more of a technique, a capital injection. I wouldn't call a pipe an asset class, maybe. I don't know, it's a stretch of the thing to call it that. A pipe's a way to get money in, to cash. But there are, okay, if you wanna get into the whole techniques and styles. Yeah, yeah, I get it. So there's techniques. I mean, you have RTOs, you have DL, direct listings. You have RTOs, you have, so these are kinda like, and then you have SPAC. I would put these as, and then you have traditional IPOs. And then within these you have all kinds of strange ways you can IPO into auction styles. But that's not so important for all of you to know. I guess the reason that I was doing this is just to show you how big the world is. It's kinda cool, it's a huge set of puzzles. And immerse yourself in this world. And this year, you can start to become, you're not gonna become a black belt, but you can start to become a blue belt. And you can start, and probably everyone in your family and everyone in your friends are white belts when it comes to money. Shouldn't be a white belt, I'm not a fan of that. Why would you wanna be a white belt in life? You know what I'm saying? Especially in money. Ty, when are you gonna get a haircut? You think I should get a haircut? I think that's cool. All men tell me to get a haircut and all pretty women are like, keep it. So, hmm, Adrienne, who should I listen to? What's my target market? What's my target market? Strange dudes on Instagram in their basement DMing me. A, let's do pain and pleasure principle about human's pain. A, okay, cut hair. B, Kate is like- You gotta use Kate's hands. Yeah, Kate is keeping, okay, you have little hands. Which is fine, ladies. Ain't no dude ever been on, I met the girl in my dreams, but those little hands. Women say that about dudes. If you have little hands, it's not women's favorite thing. They're like, I met the guy in my dreams. His small, soft, supple, tiny hands turned me on. But that's okay if you don't have huge hands. It's funny, I have really big hands on piano. But not super, for piano, I play piano. You don't want fingers that are long this way, but you wanna have, I can reach far. So, anyway. But I talked about that on a business call yesterday and I was like, know your target market. Cause a lot of you dudes are getting your looks advice from a hairy dude. And if that's your target market, then listen. But somebody asked me yesterday, if you could be 18 years old, again, what would be the first piece of advice you would give yourself? And I would be, ignore almost everybody. Ignore almost everybody because nobody knows what they're talking about. It's the blind leading the blind in this whole world and the people who don't know what they're talking about speak with the most confidence. They are comp dudes that know nothing about human attraction, like bro, cut your hair, trust me. What women really like. So I just go for the monk look. Shave this part of your, just leave it on the sides. You know, it's like, ah. My theory on hair is a lot of the world's homophobic. Cause I lived in the south. I played basketball in North Carolina and they're very into like, dude, should have short hair because it's, I think it's because it's like this. You're a feminine if you have long hair. But fuck that. I don't know what the fuck they're talking about either. I like the south on some stuff. I live, my farms are in the south in Virginia. Some stuff of the south is amazing. Some of it's idiotic. You have to overcome your culture too. If all you want to make money, you have to overcome your culture because culture is for the most part, not self, it's self-serving and it doesn't serve you. You know, it's just all kinds of weird. That's a classic example, but also how education goes down. Nobody teaches you any of the stuff that I put on the board. Like people, it's not even that I don't even teach you. You just never even heard the word. You watch the movie, The Big Short, but you don't know what CMOs are. Who here knows what actually caused The Big Short if you watch that movie? And it's a suck. If I make a movie like that, I'm gonna throw in a little bit of education. You know me. Who produced that movie? Who directed it? It was The Big Short. Yeah. Look up. Look up. My phone is. Oh, your phone is. Let me look up. Big Short. But this dude, to me, had a responsibility. I'm like, why didn't you put in some education? Adam McKett. Adam McKett. But still, you had Kristen Bale, Steve Carell, Gosling, Brad Pitt. You could have actually helped the world understand stuff, you know? And everybody who watched The Damn Movie did nobody knows anything. So, that's what I said. You have to overcome each of you. That's why I built this advanced mentor program because I'm like, I gotta reprogram people's mind. I'm always trying to reprogram mine. People aren't even in the right universe, you know? You know what's weird? Everybody knows Squid Games, but nobody knows what an AVL is. So you gotta understand, who's made you the sucker? Who do you think Mike Money, who actually made Money on The Big Short? That you watched that movie, or the Wolf of Wall Street movie, it's a business movie. You watched it for two hours. You got a little bit of pleasure watching the movie. But those people made 100 million bucks, 200 million bucks. So you're the sucker. Squid Games. People are like, ah, have you watched Squid Games? I'm like, I'll get to it, but I'm not obsessed. I'm busy learning other shit. I don't care about Squid Games that much. People ask me if I play video games. I'm like, no, I'm too fucking busy. It's like, okay, there's a business guy I know who plays six hours of video games. I'm like, I lost all respect for you. I'm like, fine, play a little video games. Bro, you're like 30. You can't play six hours. And this dude has the body. He has the strength. I'm afraid one of those guys, I have another friend like that, similar. He came to do jiu-jitsu with me. His rib cracked in the first time we sparred. Like, you usually don't crack a rib. I said, bro, you're so fragile of a man that if another dude grapples with you, you instantly break. He got up really fast. It wasn't even right. No, that's a different guy. That's the program or the Persian guy. No, Sean, I have a friend. I'm like, you are so nerdy. And there's nothing wrong. Sometimes people say I'm a nerd, but I'm talking about the nerd in the connotation of like, your bones are fragile. You should not crack a rib doing jiu-jitsu unless you're like 93 years old. Okay, especially not a white belt, hardly. So anyway, Squid Games is just making more and more people fragile. Netflix is, I watched Netflix a little bit. I watched There Will Be Blood last night, but that's a good movie because that actually benefits me. It's a movie about the oil rush of the early 1900s, Rockefeller and all this. So it actually serves a purpose and it's actually educational. That one's better to watch than the big short. The big short don't teach. I mean, maybe the big short teaches you to see trends early, you know? But each of you, you're gonna have to immerse yourself in a new world because of the way the world's going and they just immerse themselves in stupid stuff. And the good news is the cool thing is it's gonna get easier to make money. I'm gonna repeat that. It's easier to make money than any time because your competition is weak and they're not immersing themselves. And they think they know, kind of like the dude that was on there, just because they know words, they think they know stuff. Business ain't about definitions and words. Business is about a combination of understanding words but more importantly understanding human psychology and investment styles all breaking the psychology. So for example, investment styles for some of you, there's people that are value investors. There's people who are technical, okay? Warren Buffett's a technical guy, George Soros is, I'm sorry, Buffett's a value guy. Soros is a technical. These people tend to get richer but it's slower. This is more trendy because it's faster. But it's not necessarily, I mean, that's a, so these are strategies, sorry, not techniques. Strategies and styles, let me call it styles. So you have to know what's, and there's more styles than technical or value. There is also aggressive technical and more conservative and same on value. You can be a value investor and aggressive. When it comes to techniques, by the way, there's also this M&A world. This is my kind of specialty. And then M&A breaks into distressed, non-distressed, okay, I do both of these. So I bought a company called Dressporn was doing 700 million dollars last year. That was a, it was in between. So there's actually something called 363. This is something I've got a lot. We have Stocking Horse. I learned this from a billionaire named Toman Fratida. I've been the Stocking Horse on Pier 1, for example. Stocking Horse is part of 363, Stocking Horse, who knows what a stock, I'm gonna give bonus points. Without Googling, who knows what a Stocking Horse or a 363 sale is. Now I've done these in other countries, for example. I bought two brands in the United Kingdom. They don't have a concept of 363 or Stocking Horse. Canada doesn't either. I worked on buying a Canadian company. I backed out at the end, but. Do you think a lot of these people are actually following along? Sure, the good ones are. I mean, there's always a, 20% of people are sharp in this world. The other 80% are just kind of in their own, like I said, the mass of men leave lives of quiet desperation. I bought two countries. No, I bought companies in multiple countries. I'm working on buying some companies in Denmark and Sweden right now. I try to buy real estate. Sweden is so hard to buy real estate. If you're in Swedish, they won't sell you. I bid over market, but Tracy, hello Tracy. She knows what a Stocking Horse is. Did anyone say they know what a Stocking Horse is? 363 sale. Anybody? Fully certified company? No. What kind of books did you read? I didn't read books for most of this. I have mentors. I have basically a mentor in distress. He's a former Carl Icon lawyer. That's why I was bringing up Carl Icon. And I have, like I said, Tillman Pratida kind of pointing me in the way. That's, he's a, if you go on my YouTube channel, you'll see an interview I did. He's the largest restaurant owner in the world. He owns the most restaurants. And he also owns, his cousins own the UFC. And he owns the Golden Nugget Hotel in Vegas. He's a baller. He's worth more than Mark Cuban. They're kind of competitors. That's why I told you, there ain't no Illuminati cause all the dudes at the top hate each other. Mark Cuban and Till Pratida don't like each other. They ain't no Illuminati. They don't meet behind scenes and go, Mark, how can we corner the market? Do that a lot. You know, that's unfortunate that people watch it too much TV. People watch it too much TV. You know? Word on the state of the macro economy. Never try to predict the economy, but try to predict the trends that will happen. Stagenart is an initial bid on the assets of a bankrupt company. You're getting warmer. Your investopedia definition that you cut and paste was not an adequate one, but you're getting warmer. You're getting warmer. Come on, can somebody find, you can use Google now. Somebody said, tie faked it till he made it. I love that people think that I faked it till I made it. It's hilarious. I bought my first company in 2003. Shit, I would buy a company for Instagram, fuckin' existed, for YouTube existed. Or the other one is, I faked it too much. I bought my first luxury, I had a Ferrari Maserati 2006. It's actually on a TV show. For people who don't believe me, I'm like, shit. I didn't even go out on social media for a decade. But I like it. You know, a great tool that I've used. When strong appear weak, that is a classic tool from the art of war by Sun Tzu, the China. That's a 6,000 year piece of advice. People are like, Ty, why don't you do rebuttal videos? I'm like, let everybody think I'm weak. He snaps their ass up later. People don't think that anymore, but they used to. But all the real ones knew. All the real ones knew. Somebody said, fake it till you make it means to act out your pitch before you go in. Like I said, I was buying companies before social media existed. They were still like friends-ster. And my space was big. I've been in the game a long time. I just used to do it behind the scenes, you know? Then in 2012, I was like, I'm gonna go bigger. I'm gonna go all over the place. It's good. Whenever you start talking about money, it makes people's brains explode. People have 3,000 theories on me. Oh, that's good. Let them not understand you. When people understand you, they don't respect you. You know what people fear and respect? The Godfather. You ever watched that? That's a good movie to watch. Godfather was respected. Cause you didn't quite know how this dude made his money. But you knew you didn't wanna fuck with them. I'd rather be not saying I'm the Godfather, but I like that archetype for a human. Maybe it's cause I'm a Scorpio rising. This is a Pisces right here. Pisces! This is complicated. I'm not complicated. I'm sweet and sensitive. Sensitive, yes. Sensitive and complicated. Somebody wrote Heavenly Father. That's it. I don't know what that means. You have to complete that sentence. Kent is right to comment. Heavenly Father. Okay, who's gonna be on next Friday's call? Who's coming into my in-person mastermind? I'm doing one in November. If you wanna get in, you need to apply. I'm gonna answer more questions. We can talk about investment styles. I have more stuff. I haven't even gotten into investment strategies, which is a whole nother. I need more time. I gotta fly soon. So who's getting in? Tylerbiz.com slash start. Let's repost. It should be pinned. Is it pinned on Facebook? I think that's a Zell down there. It's pinned on Facebook. It's not the first one. It's pinned at Tylerbiz.com slash start. It's a refundable deposit to show you're serious. I'm ready to bring it. I haven't done this for about three years. The last two years I've been super busy. I haven't had time to mentor anybody. Now I have times on Friday and Saturday, basically, and occasionally Sunday. Monday through Thursday, I have 23 businesses to run and buying more businesses. I was on this trip. I'm buying a business, Ohio, and then a business in Phoenix. I've got two business, interesting ones. A supplement company, organic detoxify business, which is profitable. I'm starting to buy, back here on this asset class, an M&A, you can buy, like I said here, you can buy distressed or non-distressed, and you can actually buy profitable, non-distressed, doesn't necessarily, the technical distressed stuff is like 363 in America. A truly distressed company is 363. That means it's going through the bankruptcy code. This is a section of the code. I like to buy here because these are, it's not as good now, but it was great during COVID because everybody was freaked out. That's going back to number, what was number two? Toughen up. If you wanna make money, you have to be very, what's the word, non-fearful. Resilient. Resilient, not afraid. Not afraid of your own shadow. Not always listening to conspiracy theories. Not always thinking Bill Gates runs the world. It's like, that's not where you're gonna make your money is in, it's gonna be irrelevant who's the president. Biden, Trump, these dudes are all the same. When you're gonna wake up, people. Ain't no improvement or... Someone was asking about the deposit. They couldn't go towards the program. Yeah, the deposit goes towards, the way it works, it's a 497 deposit for some of you that's too much money, that's fine. You can just go through. I have digital training programs that start out a dollar, okay, and free stuff, but for those of you, 20% of you are ready to go into an immersion program and I have four level, four phases of it. Phase one is coaching. Kind of like we're doing here, but smaller group, okay. And then phase two is mastermind. I'm doing my, that's where people come in person. I built a mastermind in 2015, 2016. It's what I said I did in 2012. I brought people into a room, I'm in there and we're talking in person and there's networking. It's powerful to meet in person. So the first one's in November. So if you wanna get in, it's time to get in, okay. I do those all over the world. So I move it around, we meet three times a year. Then there's the shadowing level, which is phase three. That's where you actually come and spend a day with me as I'm working, not the whole day. I don't have a whole day to vote to anybody, but spend some time. You can learn a lot just by a lot of people. I came up with this because people who just listen to me on the phone are like, dude, I learned a lot. Just listening. So when I'm on the phone or Zoom, occasionally I'll take people to business meetings. Not really. It's harder to take you to business meetings. That's level three. And then level four is actual advising. Well, I'll come in and fix your business. For those of you who have a company, I'll come in and my team will make a plan and we'll skyrocket the business. So, but it all starts with this application because you have to apply because sometimes people are like, oh, I'm 12 years old and I have $3. And I'm like, that's good. Go on title.com and get in my $1. You know, I have a three day trial. It's five bucks a month kind of thing. But for those of you who are a little more advanced, you need to be immersed in business mindset. All these, and you can learn stuff that you wouldn't think is related to making money, like psychology. People underestimate everything psychology. It's actually not even, and going to the stock market and going to investing, it's not so much about business. Yes, you learn about, we were talking about high frequency trading is very mathematical and there's algorithmic stuff. But that's not where you really make your money. The person who really made their money was Elon Musk, who's a master of psychology. And Steve Jobs was a psychologist, you know? And so to the extent you know how to read people, you can create wealth. And to the extent that you don't and you just know numbers, you can be my accountant, you know? That's how it goes. If you're a formula person, you can be my accountant. That's great, very important role. I have controllers. I have 21 accountants and controllers in one of my company's department, Retail Ecommerce Ventures. You can Google Retail Ecommerce Ventures if you want to see some of the stuff I'm doing. It's one of the bigger brand holding companies in the world now. Me and Alex built it. So, okay, why do people don't know about this? How about heavy duty industrial machine sales? Big machine, that's all psychology. Philosophy is somewhat powerful too. Can you join from Pakistan? Yes, yep, yep. What's the biggest difference between doing business in Europe and North America? I mean, Europe, America kind of leads the way in many ways in terms of being entrepreneurial. But Scandinavia is there. A lot of Europe is more cynical. Our bureaucratic, so Germany's very, I was trying to do a hostile takeover of a company in Germany. It's so bureaucratic that we backed out of the deal because it would take four years to take control of a public company in Germany. It's insanity. In America you could come in. It's very capitalistic. And some of that's good and some of it's bad but the good thing is it's pretty easy to make moves. But I like Canada. There's emerging markets, Australia's good, Asia. I mean everywhere. I own a company, Ralph and Russo, a luxury brand. I own it with a billionaire guy and we have a store in Dubai. Middle East is starting to rock and roll, you know what I mean? So this guy's name is cynical. You gotta change your name, buddy. Your username is cynical. People, you have more power with your words than you think. Be careful what you call yourself. Remember, cynics always attract the scum of the earth into their life. So you don't wanna be too cynical. Or you get your head chopped off. A lot of the cynics in the French Revolution, they had the, what were they called? The ultra-montanists. They had, in the French Revolution, which is the beginning of a lot of the modern world, as we know it, 1700s was a big part of your day today. The ball started to roll. Somebody said, cynical, said, that's not true, brother. Just because you call me brother, don't mean what you're saying is true, trust me. Cynicism, and then somebody wrote, he actually wrote a cynical message, self-fulfilling prophecies. Do you wanna be known as the cynical guy? Is that like, do you think that's a power position? As they say, what's that famous poem? It's like the man in the arena always has the cynics. LeBron James, oh, he's not really a winner. LeBron James folds under pressure. Then LeBron James got all those rings, and he's worth 600 million bucks, and his movie production company's selling for 700 million dollars, and he owns Blaze Pizza with a friend of mine, Patrick Schwarzenegger, Arnold's son, and he cashed out of that. LeBron James is like, you know what I do with cynics? He doesn't read it. Somebody asked him, how do you deal with all the cynical people? He's like, I don't read the newspaper, because that vibe absorbs into you, and it's not the cynics who work. There are skeptics who do well. I mean, Voltaire was the famous cynics class skeptic, but would you have wanted to be Voltaire is the question? Like, I wouldn't have wanted to be Voltaire, you know? It's kinda like, there's waste that comes out of a car, but I don't spend my time with my mouth on the fucking exhaust pipe. Do I? I know there's waste that gotta come out, but I don't sit there and go, oh. I probably shouldn't do that as a meme, right? Don't put your hands like that as a meme. Somebody gonna screenshot that. Anyway, somebody said, people like you and I have a conversation that's a lot more interesting, someone who's just following you in awe. I don't want people to be in awe of me. I don't like optimists. I don't like pessimists. I like realists. I'm a man and you shouldn't overestimate me. I'm a human. There's stuff that I'm saying that's false. It's a mistake. I don't know what I don't know. And there's stuff that I do know. And so, the goal of life is not to find somebody who's perfect. And that's the problem with the modern world is very virtue signaling. So you're like, you're not gonna believe this. This person, this politician did this shady thing. I'm like, I'm just looking for politician that does more good than bad. I'm more utilitarian. This world is a utilitarian world. And people, if you don't know, somebody's talking about philosophy, you have to be utilitarian. So utilitarian is kind of like, okay, because here's a real story. Here's a true story. A boat sank, I think it was in the 1800s, outside of kind of the Arctic Circle, very cold part, but near Canada, like Newfoundland. And they had like row boats, escape boats, and people went on it, but it was too many people. So whatever, the boats could hold 40 people, and like 60 people got on this. And the captain and the first mate were there. And they realized they were slowly sinking. So the captain turned to the first mate and said, we gotta throw motherfuckers off here. And so we're gonna go randomly and pick people. And they did, and they threw them off. And like, whatever they threw 20 people off, and the other 40 survived, they made it to Canada. And that captain got put on trial for murder. So question for everybody, was he a murderer or not? Because had he not thrown people off, probably all of them would have died. But he was a utilitarian. He's like, well, 20 die and 40 survive. But the counter argument was, well, you don't know. Maybe there was a rescue boat right around the corner. You shouldn't have thrown, you shouldn't have killed anybody. So who thinks that he was a murderer? Murderer? I mean. Murderer? How did he choose the people? He was random? Yeah, they did by random. Now some people said the captain should have thrown himself off to kill him. But he said, I'm the only one who know how to navigate by the stars to get his back. So I'm more of a utilitarian. I'm like, people gotta go. And I don't not happy about it. I'm not a psychopath where I'm like, a psychopath would be excited. He'd be like, whee, Kate, whee. I didn't like your ass. I'm throwing you in the water. But so I wouldn't have liked it. I mean, I would have been sad. Nobody wants to kill somebody unless you're an actual psychopath. But that's to me how the world is. So for some of you who are very idealistic, it's just, I don't know if you're gonna make it in this world just to break it to you. You're gonna break down. And I'm not saying you gotta be totally compromised and not have any morals, but you're gonna have to find that place. And investing is like that too. Some of this green, some of this, I've had people say, oh, Ty, you bought Pier 1 out of bankruptcy and you laid off all these people. How dare you do that? Well, number one, I didn't lay off the people. But even if I did, the company was going bankrupt, there wasn't any money to pay people. So what's the difference between laying them off early and just stopping paying them? You see, that's an example of an ethical question that you have to decide when you go to make money. And some people are like, I'm not gonna invest in cigarette companies. And I'm not gonna invest in phase, you know, in alcohol and tobacco. And that's fine. But just remember, money moves around this world. So you ethical people are probably recycling Pablo Escobar money right now in your wallet. It's probably a dollar bill that was made by a meth dealer. And that's how the world, the money moves around. You know what I'm saying? Okay. So let me fill up Chan. Welcome to the group. Mountain View, California. It's awesome. I still have a Lambo in garage. I just, when I moved to Puerto Rico to change residency, I had to sell all my cars, six cars. But I still have Ford Raptors in America because they're on my farms. But I'm gonna buy, I've moved to Puerto Rico. I haven't bought a car yet, anything. There you have to be careful with Lamborghinis because if you're ever in Puerto Rico, they got potholes that a cow can fall in. It's like, so you get a damn Lamborghini. It's like, and those Lamborghinis are low. I remember, here's a true story. The first Ferrari I ever had, it was a 360, the Medina. This was back in like 2008. I was driving, I used to live in San Diego. This is before, this is before I ever posted it on social media. And I'm in San Diego and I hit a speed bump. This car was low. And I'm like, oh, I hope that didn't hurt anything. So I kept driving up to LA. A car pulls up side of me on the five freeway. And it's like, what? I'm like, what? It's like, I had ripped off the whole bumper on the front. I guess I could, it was just not dragging. So we pulled over on the side of the road and the dude had duct tape and I duct taped it up because I wanted to get back to LA. So I had a duct tape Ferrari, just the bumper. People were probably driving and being like, this dude, I should have posted that on social media. Ty's really faking it. He bought a fake, he got a Saturn body kit. And he put a body kit in it. I'm gonna start messing with people's brains like that. People are like, I'm gonna start getting like a fake. You know, you can buy like a Lambo kit. I'm gonna get a Lambo kit, stick it on a Saturn and then during the video I'll have like one side of it. The piece fall off and it'll show Saturn. And people will be like, I caught Ty. Finally, we've proven that he's faking it. It's all a fake, all a fake, man. I'm gonna get a private jet, but instead of, I'm gonna shoot, you know, girls now in LA are shooting in a set. Yeah. They shoot in a fake private jet set. So I'm gonna go on a private jet set and I'm going to just like record a video and I'm gonna have something fall down in the back and it reveals it's like a movie studio. And they're gonna be like a viral video. It'll be like proof, Ty. Ty's a fly. Ty has been scamming people about this. Sometimes I wonder is like when will the world will wake up to the real scams? Like people actually spend time arguing if Joe Biden's better than Donald Trump. I'm like, you ain't ever read history? There had probably not been one honest politician in 2000 years. Has there been one? Like who is the one? Abraham Lincoln? I don't think so. Abraham Lincoln wasn't so against slavery. He kind of was, but not like, not really. Like who is the one? Julius Caesar? As they said with Julius Caesar when he came into town. Hydra wives and Hydra husbands too. Cause he would sleep with both of them. That would be Julius Caesar. Back then those Romans and Greeks were mostly all bisexual. Who's the great role model of this world? You know, everybody's like looking for role models. Martin Luther King Jr. I mean, to me, everybody's a role model or these people are role models in certain areas and not in other areas. JFK, Clinton, Obama, Trump. People look up to, I'm like, don't make, I can't think of any politician. That's on my list of people I'm interested in. Cause the more you read about people's lives, you know, Alexander's a great, this dude. When he won a battle, he took a man. This was like in one of the Middle Eastern countries. And he took him, he told him, I'm gonna beat you. One year, it'll take me two years, I'm still gonna take you. I think it was like Accra or one of these places. And when he finally won, he took the king, punched a hole in his Achilles heel, put a chain in it and dragged him behind his chariot till the guy died. So people were like, oh, look up to Alexander, great. I'm like, okay, this is my phone with Ruthless. Somebody said, Jordan Peterson, a psychologist. I mean, pick some people like, you know, Joe Rogan, Gary V, he's the whole world. What you gotta do, what I do is I just, I'm a utilitarian, humans are just humans. So I just take the best and leave the rest. Donald Trump had some good things and a lot of bad things and the same with good ol' Joe Biden. Yeah, it's been an improvement. It's been the same. Presidents don't matter that much. Nicholas Tesla, hey, someone asked if you're all natural. Except makeup. I don't like when she wears makeup. I'm like, you don't need makeup. You got that face that doesn't need makeup. Some women have that face where makeup makes you look worse. So why do you put makeup on? I don't know, I like a little makeup. Just a little bit. I don't know, I'm ton of makeup on. I know, but you look better without it. It's fine. I feel like I look too young with makeup. You're not young. Women wanna look young, but you don't look 73. No, but I don't even look my age. I look younger than I am. Yeah, but makeup doesn't change that. Makeup, I don't know. Anyway, Dan Penner, I don't know. I don't know anything about Dan Penner. I promise you this, when you pull back the skeletons in the closet of everybody you look up to, you'd be like, uh-oh, uh-oh. Someone said Botox is not natural. I've never had Botox. Hello from Brazil to Spain. Okay, I gotta go here. It's 2.38, I gotta go to the airport in 20 minutes. You explain stocking horses. Stocking horse is where you put in a guaranteed bid to buy a 363 company. And in exchange for that, you get concessions. So for example, you get, if somebody beats you at the auction, you get paid. So when we said Dan Penner definitely caught some bodies. Oh, I don't know, I know nothing about Dan Penner. You know, people bring that. I don't know, I don't think he killed somebody. Marcus Aurelius, stoicism is pretty overrated, but Parham Radmanesh, welcome to the group. Oh, Chris Walker, I see you over here. You just got actually, good, okay. Stephen Luton. So before I go, I'll read off the names. Give me one second. Who's getting in the program who hasn't gotten in? Who's ready to be immersed in advanced mentorship? Not just from me, but my circle. I'll have my business partner teach some too. But what does he know? He only sold his company for 300 million bucks. It's all about the circle you're in. I spend all day talking to people, law 33%, I spend 33% of my day talking to people who are more advanced than me. I spend 33% of my day, like my business partner, we're equal business partners. So we're kind of on the same level. And I'm spending part of my day talking to a group who is more starting out. Some of you are advanced, but you know, in general. So what else? So tylovis.com, the way it works is super simple. You click the link, tylovis.com slash start. You fill out the application. It's simple. It's a refundable deposit. If you're not a good fit, we'll refund the money. You set up a phone call with my team. They'll call you tomorrow. They usually don't work Sunday, but they'll call you Monday or Tuesday. They'll explain the four different phases and we'll find the one that's for you. If none of them, if they're all too advanced for you, we press one button and you'll get your 497 back. Every penny, we don't charge any fee. And if you are a good fit, we'll apply the deposit into whichever phase of the program you get into. Any last questions? Somebody said it was informative. Who learned, what's one thing you learned that you didn't know before? What's one thing you learned that you did not know? How many side health sources did you have? Start with one. The man who chases two rabbits catches none. That's Confucius from 5,000 years ago. Are you doing any more conferences? I'm doing a little bit, but I'm doing more masterminds in person. For the activism investing, somebody learned about being utilitarian. What's something you learned today? Asset baseline and AVLs. By the way, some of you can get into these areas of financing. Stalking horse. Or all the masterminds are gonna be in the US. Nope, I'm out of the US a lot of the year. So we'll do one in London too. Somebody wrote the word Ray Dalio. How do you find your purpose in life? One of the things, I'll teach it different. I've created this system of five ways, concentric circles, you see where they all intersect. That's what you should be doing with your life. Hard money loans. Yep, hard money lending is more real estate based. Somebody said, I hate to tell this guy, but I would snatch his girl with swiftness. Very Shakespearean, man, with swiftness. Wherefore art thou, Romeo? You're so romantic too. That's a way to get a woman. Kidnapping. I will snatch you with swiftness. You should change her Tinder profile headline to I will snatch you with swiftness. That'll get you a lot of swipes. But not the right direction. Somebody wrote, what the? How to register for the in-person mastermind? That's what I have the link for. Tylopez.com slash start. Jump in there right now. I'm gonna take three, my goal is 300 people. 300 total at a time. Kinda like the good old movie 300, the story of the gates of Thermopylae, the great Spartan empire against the Persian, one million horde, and they gave their life to save western civilization if you wanna be dramatic. How can you find a girl like that? You gotta be going places, buddy. You don't have to be there, you just gotta be going places. That's not just how you get a spouse or a girlfriend or whatever, boyfriend, whatever you want. But that's how you attract interesting people into your life. Life's not just about dating and love. Like love is a part of life, but health, wealth, love, happiness. Don't elevate any of those above each other. 25% of your life should be about your physical health. 25% should be about wealth, creation. Wealth breaks into three subsets, liquidity, net worth, or enterprise value, but we'll call it net worth since we're talking personal. And then cash flow. And so that's wealth, that's 25%. Then 25% is love, friends, family, romance, all the other stuff. And then 25% is about happiness. For me, that's nature, connecting to something bigger than me. Metaphysics, spirituality, art is a big part. I think art, to me, art and nature is like what brings happiness, as well as all the other things family can bring back. The last two are where you become, or where you kind of like. The first two create the last two in the four pillars. That's something I've never really taught people. People ask how they all work together. Health, wealth, love, happiness. Health and wealth combined are the utilitarian tool to get you the last two, which are the idealistic two, love and happiness. Everybody wants love and happiness, but they forget. No health, no wealth is hard to get love and happiness. Very hard. You're basically, it's like having, trying to have a child through masturbation. It ain't happening. A lot of activities happening, but you ain't nothing coming of it. Now you know a child come out of that. So you need two to create the other two. It's two to tango. It's kind of like the philosopher Hegelian thesis, antithesis, synthesis. The two become one. The two become something bigger. And that's why I'm teaching about wealth, because I've been there, like who feels financial pressure or who feels like you're underachieving right now financially. Like I know that pain. I have been there more than once in my life. And so the only way out is to do everything and anything. That's why it's always interesting. Like when I launch a pro, it's like some people, like I launch a mental program. I haven't done it for years. Not everybody gets in. Some people can't afford it, but people who can't afford it don't get in. And I'm like, some people are like, well, I don't know if I can trust this guy. I'm like, well, you can trust the fact that I know how to get the whole world talking about me. That's a certain value in that, even if you think, oh, okay, I know more than Ty. Well, you don't know more about me in the cutting edge business things, which is social media personas. That's how the whole world works, man. This whole world is now driven by social medium and personalities. Look at Elon Musk. He's got, he has developed out this personality, you know. Okay. Last questions about getting in the program. Somebody said, I ordered the custom plate mentors. I like it. You can be my mentor. All right, Anna Wong. Welcome from San Francisco, California. Did I already say Parham Rodmanesh from New Mary Park? Who's interested in getting the program? Not sure they can afford it. Put that down. Put down if that's you. Who's kind of on the fence and like, oh, I'm not sure. Okay, Jessica and Natasha. Who's on the fence? They're like, I could see the value, but I'm not sure. I will tell you this. When the student, you know the famous saying when the student's ready, the teacher will appear. There's another one. And I've seen this and my business partner, we feel the same way. When the mind is ready, the money appears. Not always, but more often than not, it feels weird. Like so many times in my life where I wanted to do something, even buying companies. Some of these, I bought Pier 1 for $31 million. Me and Alex and my company, it's a good bit of money. It ain't like it was $3. And when I, and, but when the mind is ready, the money starts to appear. Not always, but most of the time. Because you go out, it becomes the impetus. It becomes the motivation to figure it out. Sometimes in my mentor, Alan Nation, second mentor that I have, he said, you know, what changed his life? And what he's seen change other people's life is that a little bit of financial pressure, he used to say, it makes people get out of bed. Some of you are playing too much video games because you haven't obligated yourself enough things. He told me a story of this farmer guy who had taken out $10 million alone to build a dairy farm, organic dairy farm in California. And I said, do you think that was a wide choice? He said, I don't know, but that guy would get out of bed every morning, you see what I'm saying? And so some of you don't have a reason to get out of bed because your goals are very kind of low. You know what I'm saying? So you need, the goals must be set. And sometimes you set them financially. Sometimes you reallocate money that you're spending on BS. Like, I'll tell you this, you wanna get in shape, don't go out to eat for six months, three months. Going out to eat, you cannot, it is so every time I go out to eat when I travel, because I'm traveling, I have a chef, sometimes travels with me like when I'm in Europe, I have a chef because I'm staying in the same place, but take all that money, you know how much money you save if I'm not going out to eat? People are spending, let's just say you spend 20 bucks a day, a lot of people spend more than 20 bucks a day eating out. You can eat way better for two bucks a day. I mean, two bucks a meal versus 20 bucks a meal or 10 bucks a meal. So for me, reallocate capital, that's the first rule of investing. You reallocate from low performing assets and the highest performing asset, I didn't even put that on really at the end of the day. The best investment I ever made was my brain because the brain is the one thing that you have more control over. In general, the brain stays pretty strong. My grandma was 102 playing chess. So the brain can stay strong for a long time, whereas your investment in Tesla, Tesla probably, Apple will be gone in 20, 30 years, man. They're gonna be no Apple. I bet money on that. Facebook will be gone in 30 years. They may be gone in five years, but the brain is that investment, like real estate, you know, markets change. You invest in Miami and it floods. But you invest in the brain. So reallocate capital that you have going who here at Be Honest has capital going into BS places? Like, don't lie to me. I know you're moving capital into weird stuff. Her name is Kara. Is your name Kara? No. It was weird in my life. Dated a lot of women with their letter K. Dated a woman named Kim and then she had a dream. She's like, you're gonna break up with me next month and you're gonna be dating this other girl with blonde hair. I remember that. She had a dream. Dreams strangely come true. And I was like, what? And we ended up breaking up. But I liked her at that time when she's like, you're gonna break up with me. And I was like, no, and I really like this one. I was love at first sight. Her name was Kim. She was Asian. She's like, you're gonna switch from me to a blonde hair. I'm like, what? And then I had a party. We broke up and I had this random party in Hollywood in May. And then this girl came in Kirsten. And I remember meeting her and be like, she was, this woman was so exact. She had blonde hair, blue eyes, but she was Native American. And I had a party and she knocked somebody out. She was so strong. Native Americans are like strong. Somebody, I had a pool party. All these dudes were there in suits. Somebody was like, dude, your girl knocked out a guy. And apparently she was drinking a little bit. And he's like, she's like, I'm strong. I can choke people out. And this dude was like, big tough guys, like you can't choke me out. She put him in a damn sleeper and this dude passed out. That's kind of when we, anyway, I met her. That was after I met her. And then after that, I dated a girl named Kenna. I was like, KK, well, I don't want to say KKK. Four Ks, it's not KKK. Don't be saying, okay, KKK. Anyway, it's just, it's weird. But that won't, Dreams, you should watch a movie, YouTube, like Carl Jung, you know, he was an associate of Sigmund Freud. He believed in Dreams, psychoanalytic kind of therapy. And also my grandpa, my great-grandfather was a psychoanalyst in New York. He was a German. But Dreams, watch your Dreams, because sometimes Dreams are prescient, as they say. They're predictive. I've had, most of my Dreams don't come true. But I've had a few Dreams that I was like, damn, how did I dream that? So he said, I'm rambling now. No, I'm not. George Soros made more money than almost any human. In one day, he made a billion dollars, trading currencies. And he says, oh, I'm super logical, and that's how I decide how to invest. And his son wrote an article, said, my dad is bullshitting you. He has a weird backache, and that tells him to sell stocks. And he has like a dream, and that's how he buys. So that's how it goes. That's how it goes. So, rambling, you know? Rambling, sometimes there's truth in the rambles. Somebody said, Kate, we'll never like you. You're a beta. I love Instagram. It's so interesting to watch the different ones. It's like Instagram is where all the video game basement guys go. These are like serious comments. No, but Instagram is like when you're 14, and you're in a basement playing Call of Duty. And you're like, ah, it's fine. These ones are like all nice. People, I get a lot of messages from those of you who are, how should I say, becoming influencers, and people are like, Ty, I'm just starting to become an influencer. How do you handle the pain of people talking shit? I think eventually it just becomes funny to me. Like water on a dex pack? It's not even that. It just becomes a strange, I actually am a big psychology guy, so I like to look at mental illness. I've tested over 250,000 people with my Life Compass, which I built with Dr. David Buss, which is a combination of the dark triad scores, dark dyad, Hexico, Big Five, the NPI, narcissistic personality inventory, Mach four, Levinson psychopath, or psychotic, psychopathy, sorry, Levinson psychopathy. So I use social media to kind of understand people. I see the mental illness. So for example, one of the biggest areas that people suffer from mental illness is envy. And the 25 cognitive biases, Charlie Munger, the billionaire says envy is the only one of the 10 commandments that's not fun. He's like, all the other 10 commandments sometimes are fun. It's like, thou shall not murder. He's like, no, some people deserve to be murdered. He's like, thou shall not commit adultery. He's like, well, it's fun while you're doing it. But he's like, thou shall not covet. He goes, that one only hurts you. And I watch people and it's like men, especially women, have a different set of envy triggers. Women more trigger, for example, on a woman who looks younger than them or better skin or better hair. They'll be like, oh, she's slutty or this. Men, if there's a woman and a man like Kate and I, then men like bifurcate in a different way and they're going, okay, subconsciously they're like, how dare this person have this kind of experience. And I read an interesting study on how people deal with the success of others. There's five ways. I read this in like National Geographic. I've never been able to find the article. They were talking about wealth disparity in India and they were talking about like, how do people in India, who make, there's a lot of people in India make like 14, 15 bucks a month and they live next to people who are billionaires and why don't they revolt? Why don't they murder them? Why don't they kill them, right? And you saw this in slave times in different countries in the United States. Some people go, why didn't the slaves have an uprising and all this stuff? So there's a lot of psychology of why that happens. Stockholm syndrome, all these kinds of things. But with men, what happens is that men, thank you, women are, somebody said, yes, Ty's attractive, very attractive. Thank you. How can we pin that? Calm down. Oh, thank you. But the psychology of how men deal with other men doing better than them. And I saw this when I launched my first video, like here in my garage, I used to have one ever Dean Ferrari before I launched that video and nobody really cared because it was like on a small scale. So I like drive to my nightclub in a Ferrari. Dudes were like, yo, that's cool. But when you put it on like 100 million people see it, all of a sudden this cognitive triggers come out and men start going subconsciously. I'm not that interested in the conscious mind. The conscious manifestation is the words that this person says, like, oh, Ty, you know, blah, blah, blah. But the subconscious trigger, when somebody calls me a beta, they're emanating from a place of being a beta themselves. So they kind of, and you'll see people will do this. They kind of extrapolate their fears onto you. So for example, I know some dudes who are like mega alpha guys. Okay, I did a little charity thing with the rock. I flew and I was on the set of the Fast and Furious. It's insane. Did I tell you about them shooting? Dude, they don't even put multi-camera. They do, they have to turn every single angle to shoot. Took one day. I memorized the line. It was like Jason Statham. I forgot it now, but I could say the line. I was so bored. It's not as fun as you think to be on a movie set. But the rock, for example, when he meets me or meets you, he doesn't go, this dude's an alpha or this dude's a beta. It's weird. You know why? Because he's an alpha. There's no extrapolation. It's not in his consciousness. Just leave it all. There's no consciousness he has of being a beta or not a beta. Does that make sense? But when you are a beta, you're very conscious that other people might be a beta. And you want misery loves company, you know? So it's just interesting. You're all gonna have to learn that in your own family. When you start to make money, all the people who want to have money and but are poor now, they're going to put their fears onto you. They're gonna actually say words, you know, like, oh, you're too focused on money or you're greedy or oh, you should be helping out other people in the family. These are all things that that's the state they're in and wishing they could do. And so they just put it on you in a critical way. So it's, like I said, I see social media as this grand psychology experiment. It's pretty interesting. I've learned more about, you know, just humans from being on social media. I don't regret it. Someone's gonna say you're getting late through play. I gotta leave it three out, three more minutes. Oh, sure. So somebody says, it is funny. I'm gonna tell you one last thing about psychology. Don't think you're so good at reading body language. So for example, sometimes when people are like, oh, I can tell Kate, she touched her eyebrow so she doesn't really like you, like that. And I was reading an interesting book about the Native Americans. It's called Nine Years Among the Indians or something. Life Among the Indians. This boy guy was captured by Blackfeet Indian in 1800. And he talks about he married an Indian woman. He was a white guy and she was super, she never talked hardly to him. She rarely kissed him. Okay. And so he always thought she didn't like him that much. And then he was gonna go on a war path. He would join the war path. These Blackfeet Indian were going to attack another tribe, Kaila or something like that. I forget. And his woman who had never spoken a word comes to him and goes, please don't go, please don't go, please don't go. You'll probably die. And he goes, what? He goes, why do you care? And she goes, because I love you so much. And so one thing you're gonna have to learn is that the women or the men that you think love you because they act that way oftentimes don't. And the people that you think don't like you that much are often very attracted to you. There's a lot of reverse psychology. Introvert women, for example, often... Does it work? Oh no. It's yet. It'll auto pose. Okay, cool. Let's make sure it's still there. So I think body language and business deals, for example, the people who are rough to deal with sometimes turn out to be my best allies. And the people are super like, yo, I'm gonna do a deal to you when they smile. Yeah, yeah, we're gonna do a deal. Those people are always flaky. So some of you have not really learned body language, man. You think you're too, what's the word? Literal. You're too literal, you know? If you wanna know if a woman, I'll tell you this last story. I used to own nightclubs in Raleigh, North Carolina. I owned this club called The Red Room. Well, I would basically, I owned the nightclubs and a guy who owned the restaurant, Giorgio Bantakis, yes. He actually texted me the other day. I thought we were doing like a decade. He still owns all these famous restaurants. And there was, so I lived with the Amish for a long time, so I was kind of shy. And there was this girl of my dreams. I still remember her name, Courtney. And she was beautiful. And she would come to, I used to teach salsa dance. She would come to my clubs and she'd always hang out with me, but like as a friend. So she'd be like, hey, you wanna come out like me and my friend were gonna have dinner after. Like I was like, I don't wanna be the third wheel because a lot of you guys are getting advice about being friend-zoned, which some of that advice is true, but like a lot of it's not true. And so I was like, oh, I've been friend-zoned. And I looked at her body language. She wouldn't like lean in and all those classic things. And she wouldn't touch her hair. But then I moved to California and years later I texted her or Instagram. She's like, you know, how come you never asked me out on a date? And I was like, what? I was like, I don't know you like me. She's like, I was always in love with you. She's like, why do you think I would come to the club? She was a white girl. She's like, why would I come to the Latin club? And I was like, oh, so now I learned to watch people's actions. People lie, but actions don't. So if somebody's hanging out with you a lot, ding dong, don't matter about their body language. Some people are awkward. Some people are awkward. I'm not awkward. And I'm also, I'm pretty talkative too, but this is like your thing. So I'm not going to interject. Pisces are all awkward. You're a classic Pisces. I am not awkward. I'm not. We were talking about self-awareness yesterday. But awkward's cute. By the way, some of you dudes, you think you need to be all smooth. Lots of women like awkward guys. Lots of women like awkward guys. In fact, there's a certain type of woman that if you're too smooth, she's going to automatically, women say stuff, oh, you're so smooth, you're probably a player. There's lots of dude who fail because they think they know body language. So it's not being awkward. It's fine. It's charming. You have a certain charm with your awkwardness. That's okay. Jao said, I'm Pisces, but I'm very smooth. The fact that you say you're smooth, I doubt it. In fact, whenever dudes overestimate their talents. Someone said, Ty, are you projecting your awkward onto her? I think that's what's happening. I don't know. Do you all think I'm awkward? You're a little awkward. Am I? No. I don't know. No, you're not awkward. Who thinks I'm awkward? I mean, I think I have been awkward. It's not a common thing that people say about me. Someone said, Ty, what's your Venus sign? Aries. Who thinks I'm awkward? Very welcoming face. I like that. Thank you. I think they're talking about me. No, it's a woman. That's the one who said I'm good looking. Oh. Nobody thinks I'm awkward. Someone said a little. See? That's what I told you. My advice to 18-year-old, everything you think is true is probably false. Who did I have that talk with? Because you all listen to the wrong people. For example, I'm like, who hears Red Robert Trivers? Nobody. Nobody's Red Robert Trivers. This dude's a genius. Still alive, walking on our planet right now. And in the meanwhile, you're listening to all these dipshitty people. My goal, by the way, is not to be your mentor only myself, but the mentor program is also to point you to people beyond me. Robert Trivers understands biology and psychology on a level that maybe nobody's ever understood in human history. So part of where I'm different, because other quote unquote content, other gurus out there are kind of like, I'll teach you what I know. I'll teach you what I know and beyond what I know. I'm gonna cut. Okay, let me read the last people jumping in. Who's gonna get in before we cut this? All right, people got in today. All right, if I did not get your name, my bad. If I did not get to you, but rereading Pete Morgan, Medej, Anna Wong, Parham Radmasi, Chris and Walker, Steven Luton, Phillip Chan, Travis. All right, I'm not gonna read this whole thing. There's quite a few. I like Bill Nye, but it's spelled different. Good luck out there, everybody. Bye. Post-downloaded. Oh, it's like a new phone. Look at that. Look how stupid that is. All right, shut all those up. All right, end this one. It's not right. Recording stopped. End show.