 And welcome to the first live stream here in 2024. I'd like to take this opportunity, welcome everybody and wish you a happy new year. I hope everyone's holiday was a time for rest and reflection. I know it was for me, very, very restful going into 2024 with a head of steam for sure. Certainly been a choppy week, a choppy start to the market, some grumblings after five days of volatile trading. The market actually ended up up today. But for a Monday, Tuesday, Wednesday, Thursday, a nice string of a negative way to start off the year. And I find it interesting how coming off of a barn burner into last year, the discussions are already talking about, is this a sign of things to come? And is this what we're gonna expect for the rest of the year? I think it's super important for investors to really try to carve out their own individual footprint in this investing opportunity. It's just that simple. I was perusing through YouTube this week. And I was amazed at the number of YouTube channels talking about personal finance out there. When I started, there was about six. Now there's about 600. Some really, really good channels. It's actually kind of cool to see from an awareness perspective that we're pushing the idea of investing and becoming a participant in the market, really trying to break down those barriers to entry to understand that the S&P 500 used to be looked upon as an equity holding that the risk was significantly high. I think people are a little more risk averse or at least they should be or at least trying to gain some temperance to the market to understand that the earlier you can get involved with financial markets, the better off you'll be in the long term. I also think it's very, very important to be very, very strupulous and very, very careful with the information that you take in and deploy. Because as good of information is out there, there's a lot of information out there that could be misleading, could be good for one person, bad for the next, et cetera. I do think it is incumbent upon all investors to really look to try to define that footprint that I talk about. On the independent investor channel, it's significantly a lot less about me and significantly more about you guys. And we celebrate the idea of investing, I don't do this, the bottom line with investing is money, okay, toast and cheer to you guys, appreciate ya. And it's one element of many in my life that I have a good time with it. It's a hobby of mine. I get into the scrutinizing over the different aspects of the portfolio. I'm proud to report out to you guys that the transition to fidelity is about one or two shakes away. There's one last cash transaction that needs to come across there. And rightly so, right? They'll sweep the account for the last couple of sweeps. And if there's dividends due over that account, then they'll keep that idle cash there to absorb those remaining dividends that need to be paid. And then that additional cash will come over. But M1 Finance was a really, really good broker for me for a while. I just, for me, it was very important to me to get a little bit more reputation with the amount of money that I have. I always would earmark about a $25 to $50,000. I know Joe has got well over 600,000 in M1 Finance and that's just not me. That's not what I want. I don't look at a broker as being somebody that the longer I am with them, the deeper rooted in with them, even though there is some merit to that. So the discussion about the broker of choice on the independent investor channel is something that we talk about as a very, very small aspect. It is an important aspect. Not everybody has to own VOO. Everybody has to have either a brokerage account or a Roth IRA. Hopefully you guys have your funding earmarked for this year or 7,000 of funding available for a single Roth IRA, double that for a married couple, 14,000 of eligible contributions to flow into the Roths, just FYI, providing that value through the independent investor channel, looking at these different elements of investing to put into your tool bag and administer at your leisure. Piece of content that I caught today, I don't watch a whole lot of YouTube, to be honest with you. I do watch it on some things that I'm interested in, like auto repair. I was actually turning wrenches for a good many hours over the holiday break, actually doing some differential changes and things like that on my truck. I love doing that stuff and YouTube's great because you can jump on there and find out that stuff. But my feature channels, I do support and every now and then I check them out. Kyle's not only a feature channel, but he's also a friend of mine, but he came out with a phenomenal video today and I thought I'd give some kudos to Kyle for the SCHD video. If you guys did catch that, I would ask him to link that into the Viper Group as well. We're just really, really well done. Just kind of find it interesting. I think if this guy were introduced to YouTube seven, eight years ago, I think we would be seeing a little bit different of a story and how things have unfolded over the last, let's say seven, eight years in investing. I don't think the investing topic is much older than 10 years. I think all the channels really are within 10 years old coming on and sharing our testimonials and giving our thoughts about how we tackle this beast that is investing. But I just thought it was just phenomenal. Really head-to-head comparison between SCHD. He mentioned BOO a few times, which is absolutely the benchmark for comparison in way of total returns and in way of really what you can expect in performance from each of those equities, both being phenomenal. It's gonna be one of what I share with you guys tonight in some of my single equity holdings that I'm gonna be going after this year, first of this year, I'll share those with you guys as well as that ETF, which is going to be a larger portion of the Roth IRA here shortly as it just has floated to the top as really one of those premier equities, one of those premier financial products that boy can sure compound and be powerful for any investor out there, especially those investors that want to bake in a little bit of a defensive posture into the market. Here we sit off of 24% up in the S&P 500. Nobody called that if you were in the S&P like I was, you benefited from it. It was probably a 70 or $75,000 swing just in the S&P 500 across my S&P holdings. I don't just own VOO. I own the C fund and the TSP and I do own IVV. I do own VTI, so there's about 54 shares of VTI there to throw on the pile, but those passive investing, boy, it was a tough hold. It wasn't easy in 2023, but to reflect back on the year, it's just that tried and true lesson of sticking to a discipline, and that is a discipline that is worth sticking to and adhering to, no matter how tough it can seem, no matter how much rhetoric is being pushed out there. It is absolutely incumbent upon all investors to really become a participant in financial markets by becoming an investor. And it's one of the easiest ways that you can become an investor. I did secondarily, aside from Kyle's video that I wanted to give a special shout out today because it struck me as just being a really, really well put together piece of content. And unfortunately, I think there's probably so much absorption in YouTube in that the landscape is fraught with a ton of different YouTube channels out there. And you'll have to choose what type of content you're interested in. I peruse some content and some folks just turned me off. They could be really, really good guys, but some guys really turned me off. I came across to a few this week that I caught just a few minutes of their message. I got the intent of what they were trying to talk about and I thought it was phenomenal, phenomenal content with regard to really looking a little bit deeper into your ETFs specifically and understanding what it is that you own within those ETFs. And I'm not suggesting that you look at top to bottom S&P, start with the top 10. The top 10 of the S&P 500 is fairly easy to understand. But I think the point that needs to be made and understood by investors and it's not wrong to own single stock in Apple as well as your percentage of ownership through the S&P 500. There's nothing wrong with that. But I think just to be aware of it is a small touch point, one of those learning points of awareness. And I had one today when I was reviewing my Sector ETF portfolio, which I do still have. I see a comment here. My favorite Ryan updates are on the Sector Pies in M1. I don't know how I'm gonna roll those out anymore. I did a like and kind transfer to Fidelity from M1 Finance. So I'm no longer with M1. So I don't even think that those accounts are gonna be available for share anymore. I'm kind of okay with that because for the folks that got a hold of it, I think you'd be better for it. You look top to bottom out of those ETFs, a couple of them stick out in my mind. Financials specifically at a six and a half for 5% really underperformed the S&P 500 significantly since the life of the fund. Financial sector has been absolutely annihilated over the last 13 years. Since 2010, it's just been a horrible, horrible sector to invest in. However, I control my scale by the dollars that I have allocated to the financial sector as I do believe that it's an important piece to the puzzle. But if you look into each of those sectors and look at the top 10 holdings, you'll find that in each of those ETFs in the top 10, those top 10 holdings represent anywhere from on the low end 30% of the total overall holdings or dollar amount is allocated to the top 10 holdings on the bottom end 30% and as much as 60% in each of those and go into your Vanguard's financial sector ETF and see how much is actually allocated to the top 10. The reason I mentioned that as another touch point to learning point for those that are entering into the new year here with a little bit of an idea of, okay, well, once these investments are established and we've got those working and we're putting in that time that we need to maximize our time in the market, we can start to kind of look internally and really get an idea. I think the technology ETF or one of them has, boy, I think NVIDIA was 25% of the ETF and I think Apple at the top end in Microsoft and technology, they were in the top, boy, I think 10% or so. So if you own a $10,000 bill in that, that's a pretty significant amount of waiting toward those large companies. And my friends, it's January 5th, going into 2024. I really think it's gonna be those sectors that were long forgotten in 2023 that are probably gonna shed some light. Healthcare comes to mind. Could this be a year for financials? I don't know for the last decade they've provided us a hell of a head fake, that's for sure. But I look to Staples, I look to financials perhaps, I definitely healthcare and certainly communication services. I really do, I think I've got Comcast as one of my top conviction picks here and in Staples, Costco being my other conviction pick. I've got a couple others I'll mention them now to you but they very little have to do with technology and one of them is not the fab seven, it is Adobe technologies. That out of my research really showed that Adobe was probably one of those top picks for 2024, coming off a little bit of a digression off of the last quarter earnings call that they had. But in healthcare, I own most of the names but the ones that I didn't own, Humana, Amgen and United Health Group may add some significant starter positions in those. I'm thinking around the $500 to $1,000. Keep in mind guys, this will go into the dividend portfolio as I'm really trying to abide by some rules of mutual fund ETF like products within the Roth IRAs, maybe some more total market in the joint portfolio and then in the dividend portfolio, it gives me a little bit more freedom to add a little bit more value in there. Broadcom in the chips, I took a larger position into the Roth IRA with NVIDIA. I bought her on the dip here recently and then actually added a little bit of meta back into the other Roth IRA, which is not mine. All right, so real estate will be another one of those that was on the dog list in 2023. I think Simon Property Group is the one for me that I'm actually looking at. I own a significant amount of REITs. I've really, really got kicked in the face in 2023. I own VNQ still in the Roth IRA, which I'm okay with that. I own the VNQ, which is the utilities sector. It's really the only two that I have doubled up right now, one of each in the respective Roth IRAs, utilities and mine, real estate and my wife's, and I think real estate really has a chance to shine in 2024. How it plays out is anybody's guess and to somehow suggest that if I was right or wrong to come the end of 2024, it doesn't make me a better person. It just makes me a hell of a good guesser and certainly does not speak to my ability to piece these things together consistently because I hate to be the wet towel. I hate to be the sore loser in the whole thing. It would be awesome, I guess, if I could come onto YouTube and put on a pink dress and dance around and light my hair on fire and tell everybody that I know everything that there is to know about stock market investing, but the truth is nobody does. And really when you look at these diversified products, it really does set you up with a lot better of a defensive posture going into whatever investing environment the year is going to dole out because I can tell you if there's anything I've learned in stock market investing, you never know. And in reflection, every year has kind of a new pedigree, a new set of attributes that they'll throw at individual investors that all too often end up rendering new investors hopeless and succumbing to those pressures. And that's really not what we're looking to do. To be able to allocate the right amount of pressure to the markets also is very, very key when we're looking at how to approach this thing in more of a defensive posture, more of a kind of from a value perspective. I see some comments on aduro clean technologies. I'll mention it this evening. You know, what can I say? That's another project that I'm being very, very, very careful with. Here's my twist. And again, you're gonna get the same Ryan away from YouTube as you are on YouTube. That's what makes me kind of cool. Again, I could get on here and I could jump up and down and hoot and holler and this and that. I think whatever value has been added to the stock price over the last couple of weeks, I could probably chalk up as discovery. I think there's a lot of people who are actually identifying that this company exists, okay? Coupled with a extremely tight share float. You know, there's probably around 20 million shares that are even available against the 65 million share float right now, which makes it extremely tough to get a hold of shares. I'm done buying. Share base has topped out at about 60,000 shares. I'm happy. It's good. But I tell you, to put this into context, my target for the end of 2024 in Aduro is a modest $1.85. I'm not one to get on here and jump up and down about a few pennies. Here's the thing. What does it mean to you to be an investor in a company like Aduro when you are looking at it from such a ground floor perspective and you're looking at what they have now with some phenomenal fundamentals with regard to their vision, their addressable market, their current structure, their management is phenomenal. Technology being the absolute lifeblood of this company right now. At the early inception stages of proving it out and really getting it into the hands of customers through their customer engagement program, and I get all that. I really do. My vision puts me in a place with this company that is significantly further down the road that would have me analyzing a company that is really pulling in some really, really reputable top-end revenue. That's what I think. And we've got a long way to go towards that. So again, it was great to the last trading day of the year it was up, it broke a dollar, it closed at a buck or one, right? So it was nice to go up over the $1 US for the first time ever. It's been over a dollar CAD here for a while. But yeah, I think that when you put this thing in context a little bit, my coverage of Aduro is really, really quite simple. I want it to be conveyed as an awareness piece and that's it. It has nothing to do with me. Aduro is gonna go up. Aduro is going to be in a place very, very special. Whether or not you choose to participate in that ride in a small capacity or large is completely up to you. It has nothing to do with me in that look, if you got the referral from me, great. If you got the recommendation or even the influence from me, that could be problematic because I've said many, many times investors out there can take a phenomenal investment opportunity like Aduro and screw it up immensely. When you enter into a stock, it would seemingly be that there are only two options in stock market investing and that is to either buy or sell, right? The all too often damnable misery of it is people misconstrue that buy at the wrong time, sell at the wrong time, buy back at the wrong time, sell at the wrong time and get into this habitual cycle of always trying to time the stock with what? With an idea that you're gonna render a few pennies off of the top. I mean, there's some people that own the stock right now that are up more than a few pennies, I'm one of them. You guys can do the math. I don't think that that has any place on YouTube anymore to declare positions and this and that. I declare my share owning, I declare my cost of basis and I can tell you that I'm sitting on a significant amount of profit already. What does it mean in the long-term scheme of things? Absolutely nothing. Is it moving in the right direction? Yeah, I'm happy. Is it being given its due credit for what I consider to be a hiatus from a company that seemingly was not discovered? It's market cap now crept above 70 million. That's a good thing. We need to get that market cap up to 100 million. Until then everything from 70 to there is just inevitable and we'll eventually get there. Okay. What type of groundbreaking news releases we're going to cover on the channel? I don't know. We will cover them and we will push those out calmly but please understand it is not gonna be my intent just like it is not my intent to talk about passive investing or value investing in a way that encourages people to do something that they're not comfortable with doing. This has to make sense for you. I can provide you that smart spark and that's great. That is what we intend on doing because it would be awful, crazy of me to come on and talk on YouTube about this opportunity through investing if I wasn't gleaning some success out of stock market investing and I'm happier to pig and shit. So I don't know what else to say. If you wanna exercise a little bit of discipline and take hold of your financial future there's no time like the present to do just that. And I do nothing but validate over and over and over again with people their insistence on getting this thing wrong. They really do. It's great to have everybody live stream fantastic man. Got a good gallery here. Got some good questions in the group here. It's great to see everybody, man. I'm super glad to be back with the project again. Take a small break and we'll be back with you in just a moment guys. I'm not sure if you're referring. I got Anthony in the house. Anthony's been with me for many, many moons. He's part of the tribe here on the independent investor channel. I'm not sure who you're alluding to anyway. Look, you somebody who doesn't live, breathe and die YouTube. As a matter of fact, most of my mental makeup would have me despise YouTube. Be honest with ya. Yeah. This has not worked to me. This is, I don't come on and sweat about putting together a nice scripted show and doing all my cutaways just perfectly fine so you guys can sit back and enjoy it like an amusement park. I just look at it like it's special enough. The power of YouTube and the social media, I get to share my perspective from dare I double down my perspective and nobody's got that. Nobody. We can certainly learn a lot through consensus, but yeah, I don't look at this project as needing a break. I look at it as part of me. So, you know, I find it interesting, the more the fine tuned that we get on the project, the more I convey that through the channel and the more I have really trimmed away a lot of the fat on the channel. I mean, we went through a phase there, which I think was a lot of the reason why a lot of the subscriber base maybe fell off or stopped prescribing to the message and rightfully so. We went through a period there where I was doing a lot of advertising and it was lucrative. I was doing well with the money portion of it, but most of the stocks went down. And I think I was being paid for the awareness piece. The unfortunate part about it is I presume that there were people that just came on and just bought the stocks blindly. Now that's not my fault, but it's nice to be back to more of a grassroots, kind of a roots of the independent investor channel because I know this is the stuff that's right. This is the stuff that's worth talking about. Aduro is kind of a special thing. Here's the funny thing. Let me just give you a situation. Aduro ends up at $5 someday or $10, okay? Does that mean I'm a better investor because it's now $5 and then eventually 10 or maybe even more? Does that mean I'm a better investor? I really want you to think about that. I think the misconception on YouTube is just that. I think the more that people convey that they can string together a series of wins and prove out to everybody else out there that they have an idea that they know what they're talking about and can pick those winners in the stock market. I say that tongue-in-cheek, man, because I know that that stuff is stuff that is very dangerous dialogue. In other words, are we gonna have, I would quit my day job if I had an Aduro to perform like it has in the last two weeks consistently. Sure, I would just pick it every month, have it go up 10, 20 grand and I wouldn't have to work, right? But we all know that that's not the truth. There's not gonna be another Aduro down the line. It's just not gonna happen. Are there gonna be other companies that come along that revolutionize certain industries and have a chance of going up over time? Absolutely, I'm not naive in that. However, there will only be one Aduro. There will only be one opportunity to really embrace what it is that these folks are doing and my next video that I plan on putting through on Sunday is going to be called Conviction and you guys will appreciate tuning into that. It will be my weekly update on Aduro. We will talk more specifically about the record high stock price. Again, I'm happy. I'm really happy more with the resiliency of the stock at this point. We saw good companies take run-ups and then just to digress, I was disappointed to see that AMC apes were at an all-time low today. Oh boy, oh boy, who called that? And I tell you, of all the fads that we've been through over the last five years alone, you can just go back and you can just add, it seems like every couple of months, there's a new fad that comes around that everybody wants to try to sell you on and boy, oh boy, is that stuff misleading? Like you need to sell all of your SCHD to go and buy GameStop, you know? I watched it, I never bought it. I never regretted it, you know? Because again, you're just playing a game that maybe you tack on a few hundred thousand dollars by catching a shitty stock north. What does that say about you? Does that mean that you're a good stock timer? Does that mean you're a good stock picker? Does that give you free will to come on to YouTube and convey to the world that you're just the same? Some incredible stock market guru, if I put on a Spider-Man suit and came on, would that help to validate that? I really do speak on that because I scoff at the stupidity of people sometimes and their willingness of blind followership. And you know, it's the demise of a lot of people not identifying what it is that's gonna work for themselves and it's really unfortunate. If I can continue to be a little bit of voice or reason to put a little more of the responsibility back on the individual, then that's what we'll continue to do. To Anthony's point, I really don't look at this job any other way. I don't look at it as a job. I look at it as being something that I enjoy doing. I enjoy coming on and talking to everybody. Victor's first in the house every single Friday. I just appreciate the hell out of his support, that's for sure. And Jamie's a viper. It's great to see him and always getting good support from Jamie. I just hope the message is resonating with people. That's all. I think certain people could come to the message and just not get it. They could come in and be like, yeah, this is 60 minutes a waste of time. It's a waste of time. Let me give you in the first 30 minutes what I've discussed. Areas of focus and sectors that should do better in 2024 than 2023. We talked to SCHD. We talked to VOO. We talked about sector ETFs. We talked about how to analyze those sector ETFs or any ETF for that matter and identify in the top 10 holdings, right? How that could specifically lend itself informative to the portfolio in respect to avoiding overlap in the portfolio. See, when I give you the cliff notes on the 30 minutes, right? It's a lot easier. You shake your head and you say, yep, Brian, we did. We talked about all that stuff, right? New people come in and they listen for 30 minutes and they do not, they do not get it. And that's all right. That's all right. This financial topic is not for everybody. And the real key here is that you've got to show some interest in a desire to get ahead. I don't know if I'm just wired wrong. I don't know if I'm wired differently. But you guys are certainly getting to see me in its purest form talking about my absolute favorite discipline. I play guitar and I love turning wrenches. I love travel. I love snowboarding. I love to do a lot. I love my job, my employment. I love my family. Every single second of every single day that I have is just an absolute gift and I'm happy. This is just an aspect of it. And yeah, I really enjoy it. The renderings from a well-laid plan like an investment in an Aduro. Look, I'll be the first to admit, I didn't find the stock. This stock was referred to me and I do everything I can possibly do to pay that appreciation forward. Now, you wanna take the name and suggest, ah, I've got 15, 20,000 shares, I'm up huge. You know, it's all me, it's all me. I don't know. Remember the people that recommended it to you because I just feel grateful that we can put together a network like this. And this is really the power in passing information is that I was made preppy to a stock that I would have never identified on my own, freaking never. And there are big venture capitalists out there who are like, Aduro, what? Who? The hell? I want in, right? It's almost like getting in on a venture capital opportunity or an IPO opportunity that's available to retail investors so early on in the game. Guys, you have no idea how lucky you are. The stars are already aligned. All you've gotta do is sit back and identify that alignment to the stars because they're there. They are there. And yeah, as the inevitable happens, there will be people that come on and the most entertaining thing for me is gonna be how I handle it. You will be pleasantly surprised. Perhaps maybe there will be people out there that want me to just sell out. It will be entertaining. But I'm more interested in the truth. I'm more interested in the truth. Whatever the hell motivated me to start a YouTube channel, whatever the hell motivated me to buy my first stock, whatever the hell motivates me on a day-to-day basis to pay more attention, to pay more attention than the average person out there, to maybe allocate more to my program than the next person, to be lucky enough to be referred to this opportunity, to sit back and just say that I was 100% directly involved with all of it is pretty arrogant and pretty much a stretch from the truth. And the truth is, this is a singular company that has revolutionary game-breaking, low-cost, high-yield technology that is being introduced as we speak to majors. Not major majors. Majors. It doesn't get any better than this, okay? And at 70 million market cap, it really doesn't get any better than this. In other words, would it provide you more credence if it was 650 million market cap? It will be. My first look is at a bill, a bill and a half. I'd like to see a duro step into mid-cap territory. Make that a goal. Get it up to three billion, you know? Get it out of the micro-cop space, have it up-list like everybody's talking about, get it to the NASDAQ. The problem is I look at a similar company, Microvost, right? They made, what, 90 million last quarter? 90? Stock's trading for $1.29. A duro's trading for $1.12 at the close today, $1.11, $1.12. Is there some work there to be had? Yeah. Is the run-up in the stock based on revenue? Now? Projections? Maybe. But I would say systemic value. And I really think that this last run-up is permeated by discovery. I actually think it's being discovered. That's just my two cents. What gives me that indication is the volume. Now the volume ticked back to its average just today. So it's not gonna be hot every day. But I tell you what, cumulatively, with the magnitude of the potential of this thing really starting to snowball, stand by for roles. And I don't know what else to tell you, but I'm being very diplomatic, being very careful. As I believe a duro wants me to be in conveying the right stuff with their message, I don't have any other agenda with a duro, except for share the duro story. That's it. That's the only agenda that I have. My agenda isn't that you look through the duro opportunity and see somebody like myself and be like, wow, you know, Ryan's something special. I'm not, neither are you. Sorry. Sorry. I will suggest that the very thing that makes you special are the things that you probably ignore day to day anyway. I think in this society of people who glorify our sports figures and glorify our actors and glorify all of our people on television, I think are sick. I could just do away without any of it, be honest with you. You send me out to a cabin in the wilderness with my guitar. I'm good. I'm good. Give me CNBC. I'll watch CNBC. If I was stuck on an island, what TV channel would you choose? Mine's CNBC. Don't say ESPN, man, please. Fun stuff, man. Plans for 2024 continue. Contributions, I'm not relaxing the contributions even coming off of a 24% market. 25% contributions from the pay. Passive investing, 101. I've done that for my entire life in fits and spurts, but that will continue to be contributed to in 2024. Why? Because it's a golden rule. Aduro is just part of the deal, right? The total overall comprehensive portfolio, that's the key, right? We have to serve us all of those aspects of the portfolio, okay? And I already recommended you guys take a look at contributing, getting some dollars into the Roth IRA here in early 2024. Maybe you get a little bit of dip in the first six months I do. Anticipate somewhat of a similar pattern as last year, I think a slower portion as things are getting felt out. Everybody's talking about rates getting cut from the stratosphere. I don't think that's gonna happen. I think we're in for four rate cuts in 2024. That's my wag. That's my wild ass guess. I wouldn't look for a cut any earlier than May. I hope they don't rush. I don't think Powell will rush. I was a little worried. He was a little bit like spiking the football on his last address. And he's always struck me as being very, very calm, cool and collected and specifically data dependent. And I hope he continues with that. Great to see you, Steve. Nice to see you. That frame of minds in the house, man. Great to see you, my friend. Happy new year to you. Great to see you. Let's make a toast. Let's make a toast. Actually spelled it right. We want a toast too. You want to toast all the prima donnas on YouTube. Let's toast to all the prima donnas on YouTube, man, that have your best interest in mind more than you do. Sound pretty crazy, doesn't it? It is. It is. This project is pretty special because I have the ability to put myself up above YouTube. I don't think this makes me any less or more of a man. It just, I'm projecting you that I am a man. Yep. I am a man. That's good enough. I'm good with it. Matt Hulio's in the house, man. Great to see you, my friend. Very cool. Good evening to you. Bourbon looks pale, it's not Bourbon. She's Jen. You got a little bit of tanga ray. Tanga ray and seagrams tonight. Betcha. Very cool. Steve's in the house. Good evening, everyone. Great to see you, Steve. Thanks for all the comments and all the videos, man. It's very cool. It's great to see you, my friend. Very cool. I stopped M1 for Fidelity 100% this year myself. That's cool. Thanks for sharing. I appreciate it. You know, really wasn't a plan to move for me. Wim came across. I was referred to Fidelity through a personal friend of the channel. He's been with the channel a long, long time. Mr. David was actually on a professional engagement and we were having some micro brews and actually showed me a screenshot of the interest he was making on Idol Cash and hell, I've been with Fidelity a month now. Got my, just saw interest payout of 22 bucks on Idol Cash. Are you kidding me? I was making 0.01 with Bank of America. It was horrible. I'm super, super happy with Fidelity. A few little fickle things, you know, that I got so used to with Bank of America but Fidelity, I really like them a lot. Their reputation proceeded themselves. I was glad for the shift, for sure. Mitra dates in the house. Fidelity has free ZAX research, have had success following their number one ratings. That's cool. I will check that out. I've looked at the Fidelity ratings. I'm not sure if the ZAX, I'll have to look at what you're talking about because I think we're probably thinking of two different things, but it's a good one. You know, I put them right smack at the top. I always did, even when I wasn't involved with them based on the consensus through the channels. So that's really good information people can get. God dang, what's this independent investor guy talking about all the time? Well, hell, I don't know. Talks about stock, ETFs, mutual funds, index funds. That's a good start for investing. Talks about accounts. That's an interesting one. I've mentioned brokerage accounts. And Roth IRAs tonight. Oh, what is that? Interesting. Right on. Can you tell me what it is? Go Google it. You'll figure it out, all right? Can only show you to the trough, man. I can't make you eat. Sitting at 30% cash. I sold most M1 at the last run up. Yeah, I think that liquidation came at a pretty opportune time, I think, you know? Not with any attempt in timing the market. It's just that the move was good and it was, you know, I was in the green line to go green light to go ahead and make those moves. I wouldn't have done it if the market was down 30%, you know? Wouldn't want it to see any type of liquidation, right? And the partial shares out of M1 finance do get liquidated. Boy. No, no, I changed the oil. That's what I did. I changed the diff oil in the back and the forward and put my new torque wrenches to work. And yeah, it was good times, man. Failed in my install on my new skid plate because I didn't go OEM. So that was a lesson learned for me, always buy OEM parts. So all of them, VOO, State Street, S&P 500. Yeah, I mean, those are all good products. Those are the products I want to revolve around here. The reason I mentioned Aduro as being kind of a cool thing to mention on the channel is I absolutely believe that it's like the best growth story that I've ever seen. And until that thesis changes, which it could, I guess, then we'll continue to report out on the opportunity because I think it's fraught with opportunity. It's gonna be a lot of fun, man. I have 2027 as my first look, guys. Look, if we can end at $1.85 from here at these levels, great. It will have materialized into a nice, healthy six-figure position for me. That's okay too. But nowhere near where I want to take a look and where I think the potential of this company could go. The opportunity is just too good. I just think we are staring into the abyss with way, way too much inevitable news that we are not even preppy to now because it hasn't happened yet. I'm really, really excited for some of these things to unfold for the company. I'm really excited for the upper management to get what they started. The guys, they've got 50 million or more in just advancing this technology. Their life's work is into this project. I know this for a fact. You know, I wish them all the best. If I make a few dollars because of my stock position, that's great and plenty, but if you don't think for a second that I'll keep that in context on the channel, you misjudge me and you underestimate me for sure. And if nothing else, man, over the next three years, that's enough to subscribe to the channel right there, man. You're welcome. Yeah. It's a little bit of a voice of reason. I like the fact that I can come on and not be so polished as everybody else. It's great. Everybody else is so polished. They can talk about VOO in a way that is just absolutely elegant. It's like you wanna rush out and jump all over yourself to buy it. Me, I look at it a lot more pragmatically. It's just an investment. 500,000, 5,000, what do you wanna start with? Invest in it, hold it for the rest of your life. It's easy, not hard investing, not hard. Can I invest in it? Can I add more to it over time? Yes, yes, you can, you sure can. Yep, if you pay attention, you'll get a little bit more tolerance to the market going forward as well. Very, very important. Very good week for Aduro reaching all time high. It was a good, good week and happened fast. There's no way in holy hell you would have been able to jump on this train. Maybe people did, hell, I don't know. If you guys check out my buy points, I seemingly bought at the right time in the low 80s on this last run up. Now my original position accumulated in the low 70s, 71 is my cost basis to be specific. So I mean, I know people that were buying sub 50. So, you know, I keep it into context. I mean, do you think it's a stock that is not a buy at $1.15 and it just absolutely is a screaming buy at 50 cents? Why? Because the company is so significantly different than it was 12 months ago. I could give you those bullish cases to suggest that it is. But I honestly think that that work was open for discovery for a long time before it was discovered. And I just think as of late, that discovery is kind of opening up before our eyes. And people are really coming to terms with the fact that these companies are gonna have to find those solutions that are good for them. And the best we can tell Aduro has the goods. They really do. And the low cost, high output is the key to that success there. Being able to deal with contaminated waste if they're not dealing with that as we speak in the Shell Game Changer program in immersed in phase four. Keep them in the program as long as they're making progress. Hell, I don't care. I don't need a report on it. I'm good. Curious, I'm curious to see what's going on, but nah, it's great, man. It's just great. Man, alive. Could you imagine if it's half as good as they say it is, it's ability to transform plastics the way that they say that they can. It's just an incredible thing to think about in progressing what has been an impossible problem to solve over the last 100 years. Yeah, just amazing times. Would love to see us own a little piece of technology at the ground floor. And then see it through all the way. And I will be very, very scrutinizing over each of those first look kind of points. You know, at 10 bucks, do I take my original investment back off the table? Yeah, I don't know. Schools of thought would say, yeah. I may just look at it and say, that's not the prudent thing to do. I don't know. And I will share those moves along the way as we reach those milestones. Dean Scheer's heading to 25,000. Yeah, it's a life-changing position to keep it into check. You put me at a disadvantage by declaring a shared position like that without me understanding where you come from, right? If you have a good job, you have a stable this and that, I don't mean to patronize you, I'm just being real, right? I don't know if you've got a quarter of a million dollars of wealth somewhere in other assets. I don't know, you know. If you've got bigger balls than I do or I don't know, maybe you're a female, I don't know, I hate to speak like that definitively, but you know, maybe you're rolling the dice here. I see no better opportunity in the microcap space than this opportunity right here in front of our face. That's the way I see it. And again, this is, I've done my due diligence. I have the conviction I need to hold my shares. I don't have conviction enough for you. I don't have conviction enough for everybody in the community. You're gonna have to find your own conviction on your own, okay? And for me, it was there within the first half a day. I looked at the opportunity. Matter of fact, I stayed up a previous night. First night I was introduced to a duo. I stayed up most of the night. I was that intrigued by the story and it has not, it has not wavered since that first night. Yeah, God's honest truth and that's the truth. Did I discover the company? No, it was referred to me. Again, referred to me. And since then, cat's out of the bag. I know about it. I'll be damned if I'm not gonna pay that forward to people and try to gain a little bit of consensus on what I'm looking at with my lens. And it seems like you see the same. So very cool stuff. Thank you for sharing. And congratulations. That's a hell of a position, man. Jared's in the house, man. Very cool stuff. It's great to see you, my friend. Jared's been with me since the beginning of time. Thank you, Jared. Good job of stock to choose to keep yourself. Very good. Kathy, what a shocking. Yeah, it's just one of those phases. RKK is actually doing fairly well. Started a plan way back when you helped me set up. I've been consistent and it's paid off. Has it been hard? You know, I mean, you know, you would have found a place for that capital, you know? You probably would have put it into fuel on the boat there. I say that tongue-in-cheek, you know? But I tell you, everybody owes it to themselves to put a little bit away for themselves. We're all lucky to have that ability to kind of parlay our income the way that we can. If you're lucky enough to have some surplus. I'm not a wealthy man. I'm wealthy in my eyes. But in the eyes of society, my goodness, I should be scrambling to keep up with the Joneses. I could really give two shits what the Joneses are doing from day to day. I don't care. They can do whatever they want. Doesn't affect me at all. But always remember when Kathy, Chaymouth Kramer is trying to sell you, might not be what you want. Yeah, for sure. You have many shares. Yeah, it's a good position, man, for sure. Yeah, if it materializes anything in where I'm looking at for a first look. And again, I'll share those perspectives as we cover the story on a weekly basis. You guys have benefit from it. Subscribe to the channel. You'll catch it. It's free of charge. You know, you get those and maybe that's what impunes the message a bit is that it is free. And people think that there's probably no value because it is free. I beg to differ. You're missing out. You're absolutely missing out. Plastics, the future is plastics. It was predicted in the movie, The Graduate. Yeah, I just saw that clip this morning. It was pretty funny. Pretty, pretty cool. Let me talk to you for a minute. I have one word, one word. Listen carefully. One word. It was good, man. Very cool stuff. Thank you, Vinay. Like AMPX technology could go big by 2026. Very cool stuff, man. Very cool stuff. Some homework for everybody to check out as we wind down the live stream tonight. Jam and acoustic, man, hailing out in the woods. For sure. Yeah, man. Very cool. 2024 hat trick. Mom, I'm very cool. That was a hell of, you guys got a, we got a hell of a gallery in here, man. Very cool stuff, man. This is a little bit larger live stream than normal. I'm gonna spend an extra bonus five minutes getting to these comments, guys. All right, so stick around. See some new folks in here. Very cool stuff. Delusion and difficult macroeconomics has hammered some all, absolutely, absolutely. That's a poll statement right there that's right on the money. And it's not atypical either. You know, those companies, and it really got caught in a double whammy with the perception and strain on access to capital, you know, which is the lifeblood. It's not like, you know, we're dealing with technology companies with free cash flow, you know, coming out their ears. It wasn't that it didn't matter how good the companies were doing if there was any type of perception in the industry that capital was gonna be necessary. You got crushed and that's just what happened. It was really, really rough, long. Well, let's get it up to five, 10 bucks. I said if I didn't have the position and I was being introduced to the company here at $1.12, I would be just as excited to own the company as I was at 50 cents or 70 cents. I started to try to buy the company at 56 cents. As a matter of fact, I think some of my buy points are in the 50 cent range. I've never sold a share of a duo, not one share. That's just where I'm at. Let's deal with it. Live it, love it, learn it. Fantastic. Happy New Year to you and the family, brother. It's good to see you, Eric. Fantastic. Anna's in the house, Anna's been with me a while now too, man, very cool, very, very cool to see the familiar faces in the group. Fantastic. No burry me with my adro-shaders. That's funny to say that. I'll probably pass it on as a legacy. I'm holding it here along. Like to understand a little bit about what you guys mean by long. Are we talking three years? Five, 10? Dare I suggest indefinitely? I'm not suggesting that a little bit of icing can't be taken off of the cake as the story progresses. However, I do not see if the story materializes to the bull case in the way that I think this company could materialize to. I could actually envision indefinitely owning the company the rest of my life. It's just that simple. It's easy company to own. You wanna know a difficult company to own? AT&T, AT&T, Disney, horrible, horrible. AT&T is a value trap. 3M, value trap. Pfizer, value trap. Should I go on an adro is easy. Adro micro cap stock, 70 million market cap. There's so much fundamental value there. All they have to do, what I'm interested in, and this is why I'm not holding my breath, I really would like to see some of the initiatives really start to materialize in their catalog of customers and really start to get some of that revenue generated. And I don't think that's gonna be happening for a little while. Now, on the smaller scale, we're earning some of that revenue off of the customer engagement program. But how Adro rolls this out and accelerates that, I believe that there's no better management team poised to make this evolve in the way that allows them to garner the most of learnings out of the engagement program, but also do so in a way that allows them to scale carefully and responsibly. This management team, guys, is absolutely phenomenal. They're freaking phenomenal. They're just incredible. And with the addition of Eric Appelman, their chief revenue officer, it's lights out, man. It's freaking lights out. I don't know, man, look into it for yourself. You'll see what I see. Very cool stuff. It's a pretty big, Hydrograph seems only the new market for a couple years. Are there any catalysts for a price increase? The share price has only seemed to go down. Guys are talking about different stock here, man. Also Black Swan, yeah, good stuff, man. Vinay, I appreciate your input tonight, my friend. My goodness, you put more value in the thread here. I'm gonna have to go back and review it myself, man. Fantastic. A big thank you, right? I really appreciate your time. Fantastic. But we'll wrap it up there, man. We had a hell of a live stream, very good stuff. I'll be writing in Sweden's Finnish environmental agencies to engage with the, ooh, fantastic, brother. That is a fantastic comment to depart on. And with that said, guys, we will sign off for this evening. Leave you guys to your weekend. We'll be back next Friday on schedule. Let's see what kind of Cal Ripken streak we can put together here on the Independent Investor Channel live stream. It is indeed the fastest live stream on YouTube. Stay tuned for the weekly Aduro videos. Those are an opportunity for us to come in and update on all things Aduro. Fun, because the community is obviously big. It's fun to own the shares and it's fun to be part of a community that actually looks to stay current and stay relevant on everything that the company is paying forward in the public forum. So guys, have a great rest of the weekend and we'll catch you next week on the Independent Investor Channel live stream.