Anthony Scilipoti

Look, we're changing the world, buddy.

I like to say none of these things matter until they matter.

And then when they matter, they matter a lot.

You know, with great power comes great responsibility.

You're right.

This should not be interpreted as I'm telling that something's going to blow up.

I'm just saying that there are some linkages, things we've seen in past euphoric times.

things could continue for any number of periods.

I don't know.

But we're getting to a point, as I said earlier, where there's very little cost to risk today.

What are the 10 investing rules?

Oh, now you're going to put me on the spot.

I don't remember all of them.

Why don't you give me some of them?

The number one rule, and I borrow this from Warren.

And so if you ever, you know, it's not going to,

pay attention to listen to me but I did reach out to him his number one rule is don't lose money and my concern with don't lose money is any investment requires the absorption of risk and so if you're not willing to take some level of risk which means potentially to lose money you won't make money either

So you don't want to invest from a position of fear.

You want to invest, I think, so my number one rule is avoid embarrassing loss.

You want to avoid the loss of a company potentially blowing up.