August 1, 2021 • 13 mins
In this cliff notes Wall Street Trapper and Ian give advice on how to make money in the stock market.
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Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
An illegal alien from Guatemala charged with raping a child
in Massachusetts. An MS thirteen gang member from Al Salvador
accused of murdering a Texas man of Venezuelan charged with
filming and selling child pornography in Michigan. These are just
some of the heinous migrant criminals caught because of President
Donald J. Trump's leadership. I'm Christy nom the United States
(00:23):
Secretary of Homeland Security. Under President Trump, attempted illegal border
crossings are at the lowest levels ever recorded, and over
one hundred thousand illegal aliens have been arrested. If you
are here illegally your next you will be fined nearly
one thousand dollars a day, imprisoned, and deported. You will
never return. But if you register using our CBP home
(00:46):
app and leave now, you could be allowed to return legally.
Do what's right. Leave now. Under President Trump, America's laws,
border and families will be protected.
Speaker 2 (00:57):
Sponsored by the United States Department of Homeland Security.
Speaker 3 (01:00):
One of the best performing stocks of the year right
Now is in video Best Performance Stock right best performance.
Speaker 4 (01:08):
Stock the year.
Speaker 3 (01:08):
I've been had it for a while right Options, and
in my regular portfolio it has done that.
Speaker 2 (01:15):
Remember remember when we bought that, we bought that the
same day.
Speaker 3 (01:20):
It has been a baby for us. Right, So in
video again in a company, you know, scalable growth and
sustainable growth unrelatable growth are two things we should be
looking for when we're looking at business y'all. Like, so
you when you buying businesses, asking yourself like trap, what
is in trap? What is this a good stock? Is
this a good business? Ask yourself? Do you see growth
(01:40):
in the business?
Speaker 2 (01:41):
One?
Speaker 3 (01:41):
Doesn't this have price and power? Can the business increase
in prices no matter what right? Can the business create
a new industry or sector within itself, no matter what right.
Businesses that can do that have scalable growth. This is
some of the things that were looking for, right, So
you know, and I ain't trying to talk over nobody head.
This is just things that we should understand as investors. Yo.
(02:03):
This is a game that has so many layers to it, right,
And it's so many layers, and it's so many points
of entry that we can get into. We get stuck
on one thing. Two things we get stuck on as
investors that often kill everybody. Name and price, right, the
name of the stock, and then how much it is.
It's the two things that kills most investors. Yeah, that
(02:28):
and those are the two things that doesn't even matter
to somebody like me, somebody like Ian, you know, and
everybody else will become like naming, price don't matter, right,
So if you took the performance of a stock, if
you took the name off it right then, and you
took the price off it, and you just look at
what's underneath the cover, right, that should be the determining
(02:50):
factor on why you're buying a business, not because the
TV is pushing it, not because you think the price
is too high or too low. Often we look at
businesses and one of the things that I teach my
people simply this man were looking at a business and
see how can they perform in the future, Like what
can it earn in the future, And we gonna base
that all past things that it's already done. We're gonna
(03:11):
be conserved in our approach and set price points and
then that's how we move for all y'all.
Speaker 4 (03:16):
The number one indicator that you guys need to focus
on is actually time in the market. That's why, like
you never hear anyone with a lot of money. And
I asked trap this. I asked Troy Reshot, for all
the people that you interviewed to the millionaires, how many
of them have brought up RSI WAG or two hundred
day moving average. It don't matter, Like when I've talked
(03:36):
to people that run funds, that's the last thing that matters.
I'm gonna be real, like most people are not able
to beat us because I know you're not willing to
hold a stock for long enough period. Like even when
like Xander's teaches acts, I'm like, what is your dad doing?
He's like, he owns part of Apple and Microsoft. He
won't even say rad pandam he owns part of Apple Microsoft.
(04:00):
The look is different, But I've drilled in him me
owning a bunch of great companies is more important than
even you putting a focus on this first. So if
you can hold for a ten, fifteen, twenty year period,
the generational hold is really the blueprint. You should go
google how long a generation is, and then once you
(04:22):
do that and extrapolate and a tech sector for an
a quality stock, how long it lasts. You already have
your formula. It's not about the indicator. It's not about
price per se. Even though I'm one of the greatest
of all time to do that, nobody. The thing that
matters most is holding, like when I go back to
(04:44):
two thousand and nine, try out to art when he
told me to get Apple on two thousand and nine
and out and listen like the money that it costs
me not listening in nine in twenty ten is heartbreaking.
So please put it in Chat. Holding for a generation
is the most important thing.
Speaker 5 (05:05):
There. You have it, ladies and gentlemen. Splash, splash, splash,
bro hold on chat.
Speaker 2 (05:12):
Erners, what's up? You ever walk into a small business
and everything just works like the checkout is fast, the
seats are digital, tipping is a breeze, and you're out
the door before the line even builds. Odds are they're
using Square. We love supporting businesses that run on Square
because it just feels seamless. Whether it's a local coffee shop,
a vendor at a pop up market, or even one
(05:34):
of our merch partners. Square makes it easy for them
to take payments, manage inventory, and run their business with confidence,
all from one simple system. If you're a business owner
or even just thinking about launching something soon, Square is
hands down one of the best tools out there to
help you start, run and grow. It's not just about payments,
(05:55):
It's about giving you time back so you can focus
on what matters most way. To see how Square can
transform your business, visit Square dot com backslash, go backslash
eyl to learn more that Square dot Com backslash, go
backslash eyl. Don't wait, don't hesitate. Let's Square handle the
back end so you can keep pushing your vision forward.
(06:21):
This episode is brought to you by P and C Bank.
A lot of people think podcasts about work are boring,
and sure they definitely can be, but understanding of professionals
routine shows us how they achieve their success little by little,
day after day. It's like banking with P and C Bank.
It might seem boring to save, plan and make calculated
(06:41):
decisions with your bank, but keeping your money boring is
what helps you live or more happily fulfilled life. P
and C Bank Brilliantly Boring since eighteen sixty five. Brilliantly
Boring since eighteen sixty five is a service mark of
the PNC Financial Service Group, Inc. P and C Bank
National Association Member a FDIC.
Speaker 1 (07:03):
An illegal alien from Guatemala charged with raping a child
in Massachusetts. An MS thirteen gang member from Al Salvador
accused of murdering a Texas man of Venezuelan charged with
filming and selling child pornography in Michigan. These are just
some of the heinous migrant criminals caught because of President
Donald J. Trump's leadership. I'm Christy nom the United States
(07:26):
Secretary of Homeland Security. Under President Trump, attempted illegal border
crossings are at the lowest levels ever recorded, and over
one hundred thousand illegal aliens have been arrested. If you
are here illegally, your next you will be fined nearly
one thousand dollars a day, imprisoned, and deported. You will
never return. But if you register using our CBP home
(07:49):
app and leave now, you could be allowed to return legally.
Do what's right. Leave now. Under President Trump, America's laws,
border and families will be protective.
Speaker 2 (08:00):
Sponsored by the United States Department of Homeland Security.
Speaker 5 (08:03):
Real quick, the Splash Brothers, They're going back and fall
man cl like please like the video. We got seventy
one hundred people live on YouTube. Trap. You missed how
we started. You missed how we started The show Trap
did you see how we started the show trap?
Speaker 3 (08:20):
Nah man, I was off the pool man.
Speaker 5 (08:24):
We had we had you seen boat and my boy
baby Shayings. They came on and they started the show.
We started the show.
Speaker 3 (08:34):
I know right, it's epic, man, listen is the.
Speaker 5 (08:37):
Biggest, the big show, the big show, but not trapped bot.
You getting ready to say trap I was about to.
Speaker 3 (08:44):
Say one one. One thing is when you're confused, do nothing.
Speaker 4 (08:49):
M great point yep.
Speaker 3 (08:51):
When you're confused, do nothing like that helps you, That
saves you mistakes. When you're confused, do nothing. The second
thing is, yo, the greatest investors understand the importance of
time horizons. Right, The greatest investors understand the importance of
(09:12):
time horizon, yo. And it's being able to hold great
companies for long periods of time. If you can understand
that methodology, if you can understand that concept, people be like,
trap man, you don't do this, you don't do that.
Of course I do like I do a lot of stuff.
But the reason why buy a whole is the most
(09:32):
important strategy for me. It's simple. Over the long term,
this will close the generational gap for me. This will
make sure that not only I'm well, but my kid
is wealthy. My kids kids as wealthy. This will buy
back their freedom. Generational freedom is what I like to say. Right,
you own great businesses that aren't going nowhere, that can
(09:53):
produce profits over the long term, that can scale their business,
that can expand their mote.
Speaker 5 (09:57):
They will be here.
Speaker 3 (10:00):
There be here. We turn a one time transaction into
a lifetime of profit. It's simple, m We turn a
one time transaction into a lifetime of profit, y'all.
Speaker 4 (10:13):
Like they made buy and hold on sexy because it
was actually a strategy for conquerors and kings.
Speaker 3 (10:20):
So fat.
Speaker 4 (10:23):
Like if we want to speak out, like if target,
I want you guys put in chat when was target?
When was the date of the target IPO? You wouldn't
think it all time return on target twenty one m h.
Buying hold is not deemed to be sexy though, because
they know most people want to just flip enough to
then go on vacation, take something out the date maybe
(10:45):
not down if you're lucky, right, but when you truly
are trying to build for somebody that you love or
family that you love, you want to have these in
But I'm gonna be like people that are wealthy or rich,
They don't go out and tell their secrets. They deem
it not that shit and make it look so boring
that you won't ever want to touch it. That's the illusion.
(11:05):
And then if I get you to chase this the
small game, because five hundred percent sounds like a lot
if the benchmark is seven to twelve percent, But then
go look at what the returns were for Buffett and
Peter Lynch and some of these guys over a lifetime
have knocked out five hundred thousand percent. Fact, what is
Renaissance produced? Because I don't talk about him enough for
(11:25):
a reason, what does Jim produced that Renaissance and the
Medallion fund m they're producing tech games like their employees
pushed to work there to be a part of the fund.
Bondhold is is the way, but they made you feel
like it wasn't because it's not the sexy thing to do.
(11:48):
But that was intentional. But y'all can do whatever y'all
want to do. All the door.
Speaker 3 (11:55):
My graduates from my school being forced bad drop my
drap BG drops.
Speaker 6 (12:14):
You just realized your business needed to hire someone yesterday.
How can you find amazing candidates fast? Easy? Just use Indeed.
Stop struggling to get your job posts seen on other
job sites. With Indeed sponsored jobs, your post jumps to
the top of the page for your relevant candidates, so
you can reach the people you want faster. According to
(12:36):
Indeed data, sponsored jobs posted directly on Indeed have forty
five percent more applications than non sponsored jobs. Don't wait
any longer, speed up your hiring right now with Indeed,
and listeners of this show will get a seventy five
dollars sponsored job credit to get your jobs more visibility
at indeed dot com slash pod Katz thirteen. Just go
(12:59):
to Inde slash p O d k A t Z
thirteen right now and support our show by saying you
heard about Indeed on this podcast. Terms and conditions apply.
Hiring Indeed is all you need
An illegal alien from Guatemala charged with raping a child
in Massachusetts. An MS thirteen gang member from Al Salvador
accused of murdering a Texas man of Venezuelan charged with
filming and selling child pornography in Michigan. These are just
some of the heinous migrant criminals caught because of President
Donald J. Trump's leadership. I'm Christy nom the United States
(00:23):
Secretary of Homeland Security. Under President Trump, attempted illegal border
crossings are at the lowest levels ever recorded, and over
one hundred thousand illegal aliens have been arrested. If you
are here illegally your next you will be fined nearly
one thousand dollars a day, imprisoned, and deported. You will
never return. But if you register using our CBP home
(00:46):
app and leave now, you could be allowed to return legally.
Do what's right. Leave now. Under President Trump, America's laws,
border and families will be protected.
Speaker 2 (00:57):
Sponsored by the United States Department of Homeland Security.
Speaker 3 (01:00):
One of the best performing stocks of the year right
Now is in video Best Performance Stock right best performance.
Speaker 4 (01:08):
Stock the year.
Speaker 3 (01:08):
I've been had it for a while right Options, and
in my regular portfolio it has done that.
Speaker 2 (01:15):
Remember remember when we bought that, we bought that the
same day.
Speaker 3 (01:20):
It has been a baby for us. Right, So in
video again in a company, you know, scalable growth and
sustainable growth unrelatable growth are two things we should be
looking for when we're looking at business y'all. Like, so
you when you buying businesses, asking yourself like trap, what
is in trap? What is this a good stock? Is
this a good business? Ask yourself? Do you see growth
(01:40):
in the business?
Speaker 2 (01:41):
One?
Speaker 3 (01:41):
Doesn't this have price and power? Can the business increase
in prices no matter what right? Can the business create
a new industry or sector within itself, no matter what right.
Businesses that can do that have scalable growth. This is
some of the things that were looking for, right, So
you know, and I ain't trying to talk over nobody head.
This is just things that we should understand as investors. Yo.
(02:03):
This is a game that has so many layers to it, right,
And it's so many layers, and it's so many points
of entry that we can get into. We get stuck
on one thing. Two things we get stuck on as
investors that often kill everybody. Name and price, right, the
name of the stock, and then how much it is.
It's the two things that kills most investors. Yeah, that
(02:28):
and those are the two things that doesn't even matter
to somebody like me, somebody like Ian, you know, and
everybody else will become like naming, price don't matter, right,
So if you took the performance of a stock, if
you took the name off it right then, and you
took the price off it, and you just look at
what's underneath the cover, right, that should be the determining
(02:50):
factor on why you're buying a business, not because the
TV is pushing it, not because you think the price
is too high or too low. Often we look at
businesses and one of the things that I teach my
people simply this man were looking at a business and
see how can they perform in the future, Like what
can it earn in the future, And we gonna base
that all past things that it's already done. We're gonna
(03:11):
be conserved in our approach and set price points and
then that's how we move for all y'all.
Speaker 4 (03:16):
The number one indicator that you guys need to focus
on is actually time in the market. That's why, like
you never hear anyone with a lot of money. And
I asked trap this. I asked Troy Reshot, for all
the people that you interviewed to the millionaires, how many
of them have brought up RSI WAG or two hundred
day moving average. It don't matter, Like when I've talked
(03:36):
to people that run funds, that's the last thing that matters.
I'm gonna be real, like most people are not able
to beat us because I know you're not willing to
hold a stock for long enough period. Like even when
like Xander's teaches acts, I'm like, what is your dad doing?
He's like, he owns part of Apple and Microsoft. He
won't even say rad pandam he owns part of Apple Microsoft.
(04:00):
The look is different, But I've drilled in him me
owning a bunch of great companies is more important than
even you putting a focus on this first. So if
you can hold for a ten, fifteen, twenty year period,
the generational hold is really the blueprint. You should go
google how long a generation is, and then once you
(04:22):
do that and extrapolate and a tech sector for an
a quality stock, how long it lasts. You already have
your formula. It's not about the indicator. It's not about
price per se. Even though I'm one of the greatest
of all time to do that, nobody. The thing that
matters most is holding, like when I go back to
(04:44):
two thousand and nine, try out to art when he
told me to get Apple on two thousand and nine
and out and listen like the money that it costs
me not listening in nine in twenty ten is heartbreaking.
So please put it in Chat. Holding for a generation
is the most important thing.
Speaker 5 (05:05):
There. You have it, ladies and gentlemen. Splash, splash, splash,
bro hold on chat.
Speaker 2 (05:12):
Erners, what's up? You ever walk into a small business
and everything just works like the checkout is fast, the
seats are digital, tipping is a breeze, and you're out
the door before the line even builds. Odds are they're
using Square. We love supporting businesses that run on Square
because it just feels seamless. Whether it's a local coffee shop,
a vendor at a pop up market, or even one
(05:34):
of our merch partners. Square makes it easy for them
to take payments, manage inventory, and run their business with confidence,
all from one simple system. If you're a business owner
or even just thinking about launching something soon, Square is
hands down one of the best tools out there to
help you start, run and grow. It's not just about payments,
(05:55):
It's about giving you time back so you can focus
on what matters most way. To see how Square can
transform your business, visit Square dot com backslash, go backslash
eyl to learn more that Square dot Com backslash, go
backslash eyl. Don't wait, don't hesitate. Let's Square handle the
back end so you can keep pushing your vision forward.
(06:21):
This episode is brought to you by P and C Bank.
A lot of people think podcasts about work are boring,
and sure they definitely can be, but understanding of professionals
routine shows us how they achieve their success little by little,
day after day. It's like banking with P and C Bank.
It might seem boring to save, plan and make calculated
(06:41):
decisions with your bank, but keeping your money boring is
what helps you live or more happily fulfilled life. P
and C Bank Brilliantly Boring since eighteen sixty five. Brilliantly
Boring since eighteen sixty five is a service mark of
the PNC Financial Service Group, Inc. P and C Bank
National Association Member a FDIC.
Speaker 1 (07:03):
An illegal alien from Guatemala charged with raping a child
in Massachusetts. An MS thirteen gang member from Al Salvador
accused of murdering a Texas man of Venezuelan charged with
filming and selling child pornography in Michigan. These are just
some of the heinous migrant criminals caught because of President
Donald J. Trump's leadership. I'm Christy nom the United States
(07:26):
Secretary of Homeland Security. Under President Trump, attempted illegal border
crossings are at the lowest levels ever recorded, and over
one hundred thousand illegal aliens have been arrested. If you
are here illegally, your next you will be fined nearly
one thousand dollars a day, imprisoned, and deported. You will
never return. But if you register using our CBP home
(07:49):
app and leave now, you could be allowed to return legally.
Do what's right. Leave now. Under President Trump, America's laws,
border and families will be protective.
Speaker 2 (08:00):
Sponsored by the United States Department of Homeland Security.
Speaker 5 (08:03):
Real quick, the Splash Brothers, They're going back and fall
man cl like please like the video. We got seventy
one hundred people live on YouTube. Trap. You missed how
we started. You missed how we started The show Trap
did you see how we started the show trap?
Speaker 3 (08:20):
Nah man, I was off the pool man.
Speaker 5 (08:24):
We had we had you seen boat and my boy
baby Shayings. They came on and they started the show.
We started the show.
Speaker 3 (08:34):
I know right, it's epic, man, listen is the.
Speaker 5 (08:37):
Biggest, the big show, the big show, but not trapped bot.
You getting ready to say trap I was about to.
Speaker 3 (08:44):
Say one one. One thing is when you're confused, do nothing.
Speaker 4 (08:49):
M great point yep.
Speaker 3 (08:51):
When you're confused, do nothing like that helps you, That
saves you mistakes. When you're confused, do nothing. The second
thing is, yo, the greatest investors understand the importance of
time horizons. Right, The greatest investors understand the importance of
(09:12):
time horizon, yo. And it's being able to hold great
companies for long periods of time. If you can understand
that methodology, if you can understand that concept, people be like,
trap man, you don't do this, you don't do that.
Of course I do like I do a lot of stuff.
But the reason why buy a whole is the most
(09:32):
important strategy for me. It's simple. Over the long term,
this will close the generational gap for me. This will
make sure that not only I'm well, but my kid
is wealthy. My kids kids as wealthy. This will buy
back their freedom. Generational freedom is what I like to say. Right,
you own great businesses that aren't going nowhere, that can
(09:53):
produce profits over the long term, that can scale their business,
that can expand their mote.
Speaker 5 (09:57):
They will be here.
Speaker 3 (10:00):
There be here. We turn a one time transaction into
a lifetime of profit. It's simple, m We turn a
one time transaction into a lifetime of profit, y'all.
Speaker 4 (10:13):
Like they made buy and hold on sexy because it
was actually a strategy for conquerors and kings.
Speaker 3 (10:20):
So fat.
Speaker 4 (10:23):
Like if we want to speak out, like if target,
I want you guys put in chat when was target?
When was the date of the target IPO? You wouldn't
think it all time return on target twenty one m h.
Buying hold is not deemed to be sexy though, because
they know most people want to just flip enough to
then go on vacation, take something out the date maybe
(10:45):
not down if you're lucky, right, but when you truly
are trying to build for somebody that you love or
family that you love, you want to have these in
But I'm gonna be like people that are wealthy or rich,
They don't go out and tell their secrets. They deem
it not that shit and make it look so boring
that you won't ever want to touch it. That's the illusion.
(11:05):
And then if I get you to chase this the
small game, because five hundred percent sounds like a lot
if the benchmark is seven to twelve percent, But then
go look at what the returns were for Buffett and
Peter Lynch and some of these guys over a lifetime
have knocked out five hundred thousand percent. Fact, what is
Renaissance produced? Because I don't talk about him enough for
(11:25):
a reason, what does Jim produced that Renaissance and the
Medallion fund m they're producing tech games like their employees
pushed to work there to be a part of the fund.
Bondhold is is the way, but they made you feel
like it wasn't because it's not the sexy thing to do.
(11:48):
But that was intentional. But y'all can do whatever y'all
want to do. All the door.
Speaker 3 (11:55):
My graduates from my school being forced bad drop my
drap BG drops.
Speaker 6 (12:14):
You just realized your business needed to hire someone yesterday.
How can you find amazing candidates fast? Easy? Just use Indeed.
Stop struggling to get your job posts seen on other
job sites. With Indeed sponsored jobs, your post jumps to
the top of the page for your relevant candidates, so
you can reach the people you want faster. According to
(12:36):
Indeed data, sponsored jobs posted directly on Indeed have forty
five percent more applications than non sponsored jobs. Don't wait
any longer, speed up your hiring right now with Indeed,
and listeners of this show will get a seventy five
dollars sponsored job credit to get your jobs more visibility
at indeed dot com slash pod Katz thirteen. Just go
(12:59):
to Inde slash p O d k A t Z
thirteen right now and support our show by saying you
heard about Indeed on this podcast. Terms and conditions apply.
Hiring Indeed is all you need
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