Pat
👤 SpeakerAppearances Over Time
Podcast Appearances
Such and such company is officially valued at $1.3 trillion.
It was only worth $2.8 billion.
Now it's worth $1.3 trillion.
Wait, did you just say it 400x?
Yes, it 400x.
Damn.
So if a person put a million dollars in, it's not 400 million?
Yes.
Holy shit.
That's how this works out, right?
So to me, long-term equities, short-term, there's going to be some of this bumpy ride that you're going to go through.
This is not an advice I would give to somebody that's in their 70s.
This is not an advice to 70s or even 60s, unless if you're 60s and you have the body of a 47-year-old and you're a white Canadian guy who lives in Florida, your name is Tom Ellsworth, and you're so sexy that you can't live in Miami.
God forbid if Tom walks in Miami, folks.
Let me tell you, I don't want to embarrass Tom.
Can we do this?
Is this okay?
Guys, me, Vinny, and Tom, and Adam are walking in Miami.
I mean, people think like Adam's the girls, you know.
There's levels to this game.