Pejman Ghadimi

So it's a very unique type of clientele for these companies. And over time, these kind of levels, once they're reached, are just like there only needs to be 10 of us wanting that car. And there's only three of us that have it, right? So amongst the 10, we all know each other. So it's like, oh, you got this. I wish when you don't want it, call me. But so those cars are at that level.

So it's a very unique type of clientele for these companies. And over time, these kind of levels, once they're reached, are just like there only needs to be 10 of us wanting that car. And there's only three of us that have it, right? So amongst the 10, we all know each other. So it's like, oh, you got this. I wish when you don't want it, call me. But so those cars are at that level.

But generally speaking, like Ferrari has a list, obviously, for super VIP customers. And those cars are worth usually two to three X of what you're paying for them. Oh, really? Yeah, right as they come out, if those are the right cars. But sometimes there's also this misknowledge, which we teach our students not to fall for, that just because you walk in a dealership and a Ferrari dealer tells you

But generally speaking, like Ferrari has a list, obviously, for super VIP customers. And those cars are worth usually two to three X of what you're paying for them. Oh, really? Yeah, right as they come out, if those are the right cars. But sometimes there's also this misknowledge, which we teach our students not to fall for, that just because you walk in a dealership and a Ferrari dealer tells you

Oh, that car has a list and you need to buy these other five cars before. That isn't necessarily true. That's just the game that Ferrari understands the common public believes to play. So they want to make their money. So they loop you into three, four, like average cars to sell you a decent car. But even that car would depreciate and wouldn't be the right car.

Oh, that car has a list and you need to buy these other five cars before. That isn't necessarily true. That's just the game that Ferrari understands the common public believes to play. So they want to make their money. So they loop you into three, four, like average cars to sell you a decent car. But even that car would depreciate and wouldn't be the right car.

So Watch Training Academy is something different because watches have, like cars are what we call wealth preservation. So you can actually buy a car, preserve your money. And so buy a great car, enjoy a great lifestyle, not lose any money. And you don't have to rent it out. You don't have to create income or anything that has liability.

So Watch Training Academy is something different because watches have, like cars are what we call wealth preservation. So you can actually buy a car, preserve your money. And so buy a great car, enjoy a great lifestyle, not lose any money. And you don't have to rent it out. You don't have to create income or anything that has liability.

On the other side, if you want to make money, we teach people basically to take watches and turn them into a profit center. So watches have huge amounts of margins. So if you're in any type of investing ideology or in real estate, the reason people like real estate is because the asset class is usually safe.

On the other side, if you want to make money, we teach people basically to take watches and turn them into a profit center. So watches have huge amounts of margins. So if you're in any type of investing ideology or in real estate, the reason people like real estate is because the asset class is usually safe.

You buy it, and over time, even if you make a bad mistake, it'll generally pay off, even if it's a 10-year return. Sure. But there's no liquidity to it. And it's very hard to constantly turn real estate unless, of course, you're in the business and you have capital and you're constantly like transacting on it. But you still have paperwork. You have to set up your LLCs.

You buy it, and over time, even if you make a bad mistake, it'll generally pay off, even if it's a 10-year return. Sure. But there's no liquidity to it. And it's very hard to constantly turn real estate unless, of course, you're in the business and you have capital and you're constantly like transacting on it. But you still have paperwork. You have to set up your LLCs.

You have all your 1031 exchanges. So it's very different from the watch game, which is completely unregulated. It doesn't have any type of like paperwork associated with it. And it's the easiest thing to trade for margins that are anywhere from 20 to 30%. Some cases as high as 40% and can start as low as $2,000 a watch.

You have all your 1031 exchanges. So it's very different from the watch game, which is completely unregulated. It doesn't have any type of like paperwork associated with it. And it's the easiest thing to trade for margins that are anywhere from 20 to 30%. Some cases as high as 40% and can start as low as $2,000 a watch.

So we're also trained to think watches because they're exclusive and sold in boutiques are generally expensive. When you walk in a mall, you'll see a Hublot boutique and you'll see like a $20,000 watch. And you'll be like, wow, I got to work my way up to owning a $20,000 watch. What people don't know is that that Hublot is actually a $4,000 watch. Whoa. Exactly. $4,000 sold then for $20,000.

So we're also trained to think watches because they're exclusive and sold in boutiques are generally expensive. When you walk in a mall, you'll see a Hublot boutique and you'll see like a $20,000 watch. And you'll be like, wow, I got to work my way up to owning a $20,000 watch. What people don't know is that that Hublot is actually a $4,000 watch. Whoa. Exactly. $4,000 sold then for $20,000.

So even if there's a discount, it sells you for like 18, you think you've got a great deal of 16. But the real worth of that watch on the secondary market is four to five grand.

So even if there's a discount, it sells you for like 18, you think you've got a great deal of 16. But the real worth of that watch on the secondary market is four to five grand.

So could you technically find that watch on the secondary market for four to five grand if I told you where to get it, how to negotiate it, and then turn around and sell it for seven to eight grand to another guy that thought paying 20 grand was the easy way out?

So could you technically find that watch on the secondary market for four to five grand if I told you where to get it, how to negotiate it, and then turn around and sell it for seven to eight grand to another guy that thought paying 20 grand was the easy way out?