Eric Kam

That is all it is.

And you are not owed guaranteed income.

anything from anyone who gives you advice and i know this because i have my money with a person who invests my money but if you look at the little disclaimer that i'm getting too old to read it says we are not responsible when things go down the drain and they're not they are giving you their advice their expertise but it is a gamble there's a positive probability it pays off and there's a positive probability you wave goodbye to your money and so this person doesn't owe anybody anything

I'll make you a deal.

If you can go out, now the Super Bowl is behind us, but if you can go out before the Super Bowl and find me the person, you know, these prognosticators, if you find me the one that will guarantee their bet, so they tell you who to bet on and if you lose, they pay you back, then this is a conversation.

You're never going to find that person.

It's never going to happen.

Such is the life of betting.

If you don't want to, and someone's going to say, betting, this is the stock market.

Stock market is a bet.

If you don't want to bet, go buy a GIC.

Gold is a good bet.

It just happened that this one time.

Right.

And it went south, and there's always a positive probability your bet's going to circle the toilet and then flush.

And so sometimes you win, sometimes you lose.

I'm honored to be your favorite a-hole.

Take care, David.