16 Years of Stock Market Advice in 52 minutes

"the biggest companies you're seeing today right these companies that you think could never be beat just be aware that 30 35 40 years from now these companies are likely not going to be the top companies now keep in mind that doesn't mean they're bankrupt or they are going to be non-existent it's just believe me there's going to be business models that are that are born over this next that are already probably born and might be born over the next 10 15 20 years that will become the new top companies that maybe are 10 trillion 20 trillion $50 trillion market caps whatever it is in the future"

"listen one of the best return on investments you will ever get outside of investing in yourself right and taking your know up to a higher level is paying a CPA to do your taxes it's one of the best rois you'll ever get more than likely whatever you pay the CPA to do your taxes I don't know 200 bucks 300 bucks 500 bucks whatever it is they're going to likely save you more in your taxes than whatever you're spending on them that's great and then it's a peace of mind"

"never go over 30% cash regardless I don't care if you think you're the smartest person in the world and you think you got the next great financial crisis on your hands here never go over 30% cuz 99% probability you're wrong and so don't go over 30% cash no no no I don't care how smart you think you are"

"the FED doesn't even know what the fed's going to do over the next 6 months 12 months you might you know be able to predict and they might be able to predict what they're going to do over the next 3 months but they don't even know where they're going to be at a year from now just to be quite honest"

"There's no cure for Perma Bears unfortunately Perma bears are stuck there these are people that are always negative they always look at the glass half empty they always have negative things to say it doesn't matter the best economic data could be coming out they're going to say it's a crash the crash could be going on they say don't buy because it's a crash going on right these folks are broken they're broken and unless they completely change their mentality they're always going to stay broken Perma Bears there's no cure for those folks"

"if you're able to buy at least twice a month you're able to buy stocks at insanely cheap valuations that in a few years from now you'll be able to look back and be like thank goodness thank goodness I was buying those stocks at those prices right"

"it's guaranteed you're going to lose money sometimes like there's no there's nobody ever in the history of the stock market that's made money 100% of the time and there never will be never"

"International markets always trade cheap a lot of times International markets can can investors can think like oh this Market is so cheap oh China stocks are so cheap oh you know uh the Indian stock market is so cheap right now oh the Japanese stock market is so cheap listen International markets are always going to trade cheap and they trade cheap for a multitude of reasons... but believe me there's a lot of different reasons why International markets are always going to look cheap compared to us markets and usually it's always a trap it's just usually always a trap"

"If you ever see a company you want to speak about traps we can talk about traps if you ever see a company that's trading under under a 10 Ford P get suspicious get very suspicious it's Lally trading down there for a reason... a lot of times these companies are underperformers that are down there for a reason there's some sort of systemic problem in their business model that's going to erode their competitive positioning over the next 5 10 15 years so just get suspicious if you ever find stocks that are under a 104p"