Pejman Ghadimi
speaker
891 appearances
3 recordings
3 series
first heard Sep 2016
last heard 19 Jan
Pejman Ghadimi’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Jan 2026 with 1.
Appearances
But people, how many people go in and buy Cartier watches for their wives, for their girlfriends, whatever. And they think they're like, oh my God, like I got a great deal. I got 10% off on a new watch. That watch that was 10 grand of Cartier, 30 grand of Cartier only cost 30 cents for that manufacturer. Then they sold it to the store to 50 cents and the store made 50 cents in margin.
So that's what they make their money plus tax, whatever. But when they're on the used market, they cost less than 50 cents on dollar. So, and they're brand new. So there's just like leftover and there's not sold at the store. And a lot of people think, well, what if I buy it from a third party and it's not real or it's fake, but it doesn't work that way anymore.
There's so many authorized and really reliable jewelers in the world that are selling secondary watches and they're real and they're not like issue. They have the same paperwork, the same warranties, the same everything. And they're just sold at 50 cents on dollar.
Zero. So the reason we started this was because we realized people want luxuries. Sure. Like this, it wasn't about teaching people how to start jewelry stores. Like I could care less for that. That's a real business. It requires all the logistics, the licensing, this, none of that. Yeah. None of that stuff. The point was, if you're a normal human being, you'll technically aspire to make money.
They're listening to Money Mondays. They want to make money. The point is, if you learn to make money, typically you want to make money because you want to improve your lifestyle. First, you improve your house. Then you improve your car. Then you tend to indulge in travel, luxuries, etc.
My argument has always been, no matter who you are, if you aspire to do great things, you're going to legitimately end up in a position to buy great things. And when you buy them, there's only two ways you buy them.
Either you buy them in a fashion that allows you to keep buying them without losing money, and in many cases, turning even your hobbies or things you want into a money center, or you end up creating expenses all the time, And ultimately these expenses never come back and you have to keep making even more money to keep upgrading your lifestyle.
So we all know that even our dream car is only our dream car for a very short period of time. Like we know that there's another car we'll want more. We know when there's a cool watch we like, there's a better watch we'll eventually want more or a second one. So the argument is, you know you're going to divorce these things anyways. They're not there to be loved forever.
So when you buy them, buy them in a manner that allows you to make money off of them when you get rid of them, instead of actually lose money every time you do it. This is one of the key things that athletes don't learn. Because if you think about someone who doesn't have money training, typically comes into the game. The first thing they go, I got $100 million. I got to buy cars.
I got to buy this. What if they bought these cars, right? And at some point they said, oh man, I overspent. I need to get my money back out of the car. And instead of saying I paid 600K for a car, I got 300K back. They said I paid 550 for a car. I got 540K back.
Right. So it's like, okay, so I made a mistake. I shouldn't have bought that car. Maybe I over... But I didn't lose that money. It was just sitting there in the right car. And I didn't want it now. You know, for any reason, like I only need two cars instead of 10. It is what it is. So... We have been brainwashed as a society to think clearly that our job is to make money. So we spend money.
And one of the things we've been teaching people since 2010 is you don't need to spend money to have lifestyle. You can learn to park money. And while you can't park money and travel because it's or in food, like if you go to restaurants, money's gone.
At the very least, the largest purchases you make, like your home, your car and your jewelry, and even the handbags you buy for your wife, your girlfriend or whatever, Or for yourself, those things can be places you park money and recycle that money over time. And people really, this is the interesting thing then, like people know this already when it comes to housing.
There's not one person that buys a piece of real estate thinking it's a bad purchase, like I'll never get my money back. There are people who overspend on real estate, but they'll never think like buying a house is a disaster, like why did I buy a house? It's stupid.
they'll say oh well in a couple of years if i don't like it i'll upgrade it or get rid of it whatever get my money back but they don't learn to think that way when it comes to luxuries because society has brainwashed us to think that all luxuries are basically expenditures and you're throwing your money away but there has been especially post covid a significant shift
in the amount of luxury goods in the marketplace. Like there's a ton more Lamborghinis today than there were 10 years ago. Ton more Rolexes on people's hands than there were before. And the key areas like California, Florida, Texas, and these large states where people are like, business is booming, et cetera, people are spending money.
right and and that's great you should want that you should want to aspire to make more money so you can live a better lifestyle but the argument is why not learn to actually not we're never saying someone don't buy these things like they're bad things they're amazing everyone should experience what it's like to wear 100k watch everyone should experience what it's like to drive a half a million dollar car but what if you could experience it and it didn't have to be a financial burden
That's the difference. And while it sounds really good to be true and people are like, well, you got to learn how to really sell cars and buy cars and be a dealer, you really don't. Like this world exists and because people are so alienated from it, they assume it's not for them or they're going to have to pay cash or go and work really hard or it's a bad expense.
But it's really not like I mean, look, there are kids out there who know nothing about watches making 700, 800K part time from their houses, trading five to 15 watches a month.
okay like what i'm saying is let's assume someone's like it's amazing exactly it's an amazing i mean 800 grand is a lot of money you know even 300 grand is a lot of money let's not even use big numbers 10 grand a month is a lot of money for sure it depends on what your aspirations are but if you have a normal job and you're working at a coffee shop or something and you have 1500 saved you can literally take that 1500 buy your first watch let it grow into its own thing similar to a trade you would do in the stock market except the difference is the stock can disappear to nothing
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