Dan Fleyshman
๐ค SpeakerAppearances Over Time
Podcast Appearances
So let's first start on the mortgage side of things. So I just got in the mortgage space this year with our mutual friend, Joseph Chalabi. Talk us through, I just started this year, you've been doing it for decades. Why is the mortgage space important? How do loan officers, are they making money out there?
Tell us about loan officers, because a lot of people have been messaging us about working in the loan office space, and I want to be able to explain to them, is it good? Is it exciting? Is it worth it?
Tell us about loan officers, because a lot of people have been messaging us about working in the loan office space, and I want to be able to explain to them, is it good? Is it exciting? Is it worth it?
I'm supposed to make $200,000 a year.
I'm supposed to make $200,000 a year.
Like Bitcoin waiting for a decade and it finally hits it. Exactly. Okay, on the AI space, as you mentioned, AI has been around for decades and decades and decades. Why do you think that now, this last two years in particular, that it became all the rage? Everyone's talking about it. Everyone's thinking about it.
Like Bitcoin waiting for a decade and it finally hits it. Exactly. Okay, on the AI space, as you mentioned, AI has been around for decades and decades and decades. Why do you think that now, this last two years in particular, that it became all the rage? Everyone's talking about it. Everyone's thinking about it.
Hundreds and hundreds and hundreds and hundreds of billions of dollars a month is being invested into the category from venture capital, Silicon Valley, and Wall Street. Why do you think so much money, time, and energy is finally going to AI this year?
Hundreds and hundreds and hundreds and hundreds of billions of dollars a month is being invested into the category from venture capital, Silicon Valley, and Wall Street. Why do you think so much money, time, and energy is finally going to AI this year?
Nope. I remember I was installing the very first Bitcoin ATMs in the casinos back in 2014. It was 340 bucks for Bitcoin at the time. And trying to explain to the governor, the mayor, casino owners why they should have a Bitcoin ATM. They thought I had three heads, right? Trying to explain it back then. It was a company called Robocoin, but it ended up selling. Those ATMs are now everywhere, right?
Nope. I remember I was installing the very first Bitcoin ATMs in the casinos back in 2014. It was 340 bucks for Bitcoin at the time. And trying to explain to the governor, the mayor, casino owners why they should have a Bitcoin ATM. They thought I had three heads, right? Trying to explain it back then. It was a company called Robocoin, but it ended up selling. Those ATMs are now everywhere, right?
Gas stations, liquor stores, malls, et cetera. Okay, so on the investing side of life, you have a lot of options. Why spend so much time investing into the AI space? Why do you invest your money, your time, and your energy into the AI category?
Gas stations, liquor stores, malls, et cetera. Okay, so on the investing side of life, you have a lot of options. Why spend so much time investing into the AI space? Why do you invest your money, your time, and your energy into the AI category?
Funny before you go on. So the one thing, the recurring theme here, every time I interview someone in the real estate category, their only regret in life is selling.
Funny before you go on. So the one thing, the recurring theme here, every time I interview someone in the real estate category, their only regret in life is selling.
No matter what. commercial, residential, Airbnb, rental, blah, blah, blah, blah, blah, selling. Because they bought it for 400 grand, it went up to 600 grand, woohoo, they crushed it, they're up 50%, that 600 grand's worth a million now. Oh, I bought this building for six million, I sold it for eight million, I'm a genius, it's worth 11 million now.
No matter what. commercial, residential, Airbnb, rental, blah, blah, blah, blah, blah, selling. Because they bought it for 400 grand, it went up to 600 grand, woohoo, they crushed it, they're up 50%, that 600 grand's worth a million now. Oh, I bought this building for six million, I sold it for eight million, I'm a genius, it's worth 11 million now.
Their only regret ever, every single time, is selling. Sorry, go ahead.
Their only regret ever, every single time, is selling. Sorry, go ahead.
Another $8 million. Exactly.