Dan Fleyshman
๐ค SpeakerAppearances Over Time
Podcast Appearances
I want to own it when it's 300, 400, 500, 600. I want to own it forever. I like to invest into things that I'm never going to sell. I like to invest into things that I'm never going to sell. And in my mind, my Amazon stock, my Netflix stock, my Facebook stock, like, why would I sell these stocks?
These are companies that I believe in that are going to grow from 1 trillion to 2 trillion to 3 trillion to 4 trillion to 5 trillion. I believe in them for the long term as a business perspective. I don't care about the stock fluctuations along the way. Because year after year, they are going to perform from an earnings perspective and they're only going to get smarter, faster, more efficient.
These are companies that I believe in that are going to grow from 1 trillion to 2 trillion to 3 trillion to 4 trillion to 5 trillion. I believe in them for the long term as a business perspective. I don't care about the stock fluctuations along the way. Because year after year, they are going to perform from an earnings perspective and they're only going to get smarter, faster, more efficient.
They're going to keep hiring more teams, buying more companies and just becoming more and more efficient versions of themselves. And so when you watch some of these brands go through crazy things and still figure it out and their stock fights through year after year. Look at what Disney went through. Disney had millions of people a day going to their live entertainment parks around the world.
They're going to keep hiring more teams, buying more companies and just becoming more and more efficient versions of themselves. And so when you watch some of these brands go through crazy things and still figure it out and their stock fights through year after year. Look at what Disney went through. Disney had millions of people a day going to their live entertainment parks around the world.
And then in March of 2020, the entire world shut down and you couldn't go anywhere near any Disneyland or any Disneyland related theme park anywhere on the planet. Think about that for a second. How the heck did this company, who's been around for like 90 years, survive when it was only supposed to be two weeks until they find the cure?
And then in March of 2020, the entire world shut down and you couldn't go anywhere near any Disneyland or any Disneyland related theme park anywhere on the planet. Think about that for a second. How the heck did this company, who's been around for like 90 years, survive when it was only supposed to be two weeks until they find the cure?
And two weeks became many, many months, if not years, before people felt comfortable to go to Disneyland and all the different related parks that they own. Millions of people per day. would spend money at Disney-related products all over the planet. That's hundreds of dollars per person. You can do the math. Hundreds of dollars times millions of people. Holy smokes.
And two weeks became many, many months, if not years, before people felt comfortable to go to Disneyland and all the different related parks that they own. Millions of people per day. would spend money at Disney-related products all over the planet. That's hundreds of dollars per person. You can do the math. Hundreds of dollars times millions of people. Holy smokes.
They're missing out on hundreds of millions of dollars every single week. And their stock went up. During the shutdown, when everyone thought that Disney, which it should have in all terms of reality, should have had to go bankrupt. Disneyland had large format theme parks all over the world with millions of visitors coming through each week.
They're missing out on hundreds of millions of dollars every single week. And their stock went up. During the shutdown, when everyone thought that Disney, which it should have in all terms of reality, should have had to go bankrupt. Disneyland had large format theme parks all over the world with millions of visitors coming through each week.
And now it's closed with no sign of when they can reopen. And their stock went up. Why? Because... These companies are nimble and they're going to figure it out. And Disney came up with what's called Disney Plus. And that's where we got one of the best shows ever called The Mandalorian. And The Mandalorian became a huge hit. Disney Plus became humongous.
And now it's closed with no sign of when they can reopen. And their stock went up. Why? Because... These companies are nimble and they're going to figure it out. And Disney came up with what's called Disney Plus. And that's where we got one of the best shows ever called The Mandalorian. And The Mandalorian became a huge hit. Disney Plus became humongous.
And they brought in billions of dollars of revenue. And Disney fought through it. And now their theme parks are back open. And good luck getting tickets because they're freaking sold out sometimes at Disneyland. And now the prices went up to like 120 and 155 and some crazy amounts of money. Like a family of four costs you like 500, 800 bucks now, which is insane. And guess what? Still sold out.
And they brought in billions of dollars of revenue. And Disney fought through it. And now their theme parks are back open. And good luck getting tickets because they're freaking sold out sometimes at Disneyland. And now the prices went up to like 120 and 155 and some crazy amounts of money. Like a family of four costs you like 500, 800 bucks now, which is insane. And guess what? Still sold out.
Still getting hundreds of thousands of people per day, millions of people per week, blah, blah, blah, blah, blah at these crazy numbers. And so the moral of the story is. I like to bet on companies from the actual business perspective and I don't really care about the current price of the stock.
Still getting hundreds of thousands of people per day, millions of people per week, blah, blah, blah, blah, blah at these crazy numbers. And so the moral of the story is. I like to bet on companies from the actual business perspective and I don't really care about the current price of the stock.
I'm looking at the long-term value of the business and I prefer to buy into stocks, into businesses and the companies that I'm never going to sell the stock. And so putting in smaller amounts of money over and over and over to me is much more compelling. So let's say you've got 10 grand saved up. Again, the number could be five grand. It could be 500,000. It could be $56 million.
I'm looking at the long-term value of the business and I prefer to buy into stocks, into businesses and the companies that I'm never going to sell the stock. And so putting in smaller amounts of money over and over and over to me is much more compelling. So let's say you've got 10 grand saved up. Again, the number could be five grand. It could be 500,000. It could be $56 million.
The number is just the concept. Let's say you got 10 grand saved up and you're like, all right, Dan, you've been yelling at me for half an hour now. All right, I'm ready to buy some stock. Don't buy any one stock. So if you have that 10 grand saved up, that theoretical number, no matter how much I like Apple, I don't tell you, oh, just go buy 10,000 of Apple.