Monday Market Mondays

What skills are high level skills?

investing

building a business

those are the only three.

cyber security, engineer, these top companies we invest in, what makes these companies run? 

those are the skills that are critical in the next couple of years. 

Healthcare. 

Nuclear Fusion if you are under 30. is a great area to learn. 

Read 500 pages a night. 

Frank Holland

-education, montessori school then private quaker school in philly. small talk, when tlaking about higher level things they have deeper conversation. long term utility of crypto, where things will incorporate into web3. talk about same things but deeper into it. 

-11.2 trillion is the wealth gap. 

Atlanta and Tech

27% of tech workers are black.

Atlanta is becoming a tech hub. 

growth of tech jobs, 15 percent. comparable to bay area, 16%

8th best tech city, Atlanta. 

Charlotte is also an emerging tech city as well.

Georgia Tech, #1 tech producing college. A lot of companies moving their companies to Atlanta. 

Houston also an emergent tech city. no state tax. Let's talk about Austin, Texas as well. 

Top 3 jobs in Atlanta people should aim for?

Look at emerging tech, metaverse. Building a black metaverse.

Roblox and Meta are working on greating black interest in Metaverse.

Clubhouse- great valuation once meek starting posting about it. 

Atlanta- infrastrure in place, talent, political (black mayor), hbcus as well

Frank

island of Tanzanalia, (in Africa) wants to have. 

more into FinTech, and use mobile phones. easier to have fin tech than have a credit card. 

mobile payment and digital currencies is in China. 

Jack Dorsey going into Africa to look for investments.

dream bigger, dream things you cant even imagine. pray everyday.

black collateral is 28 million. 

Ian: make sure you get equity and perpetuity. 

small capital firms and buy property. look at data of ownership in Atlanta, 

have fun in the A but look to build. 

Frank: buy some property. buy yourself a house. 

Rashad- didnt have millions of dollars, they werent making enough money.

that's a conversation to have as well. the rents are at times more than a mortgage. 

We have inflation. black ppl are not foolishly wasting their money. most of money is going to bare necessities. dont have enough money left over. income is not increasing.  the data might be true but can be reported a little different (to not portray blck people are wasting their money away).

Frank- why is Latino community is able to build more wealth those us? it costs money to be poor.

One bad financial decision and it snowballs. some of it is decision making. 

Latino community- much of growth is they have base back home. asians get loans from asian community. chinese werent coming in and getting loans from BOA. that base creates loans to build back home. 

upperclass is uneducated as lower class as well. 

Ian: who made these structures 

no things just as essentials and basics. there is for profit that benefits off that brain wash.

we make entertainers to speak for us, and they speak based on who owns them. 

get behind one movement of investment and then move. stocks and RE, both.

what is one action that I can do to change directory of the family?

EYL: brought up valid points. disconnect upper Echeleon blacks and vast majority. we created a ladder, high level conversations for the people. no names but people have millions in our community and have different level of 

He's not black, he's Lil wayne. star since 11. like OJ, I'm not black I'm OJ. he gets treated like royalty. that's his world. you can have a level of disdain for your people, you say you didnt work hard enough like me. 

People use race card when its convenient. Clarance Thomas, when he went through his case.

Lil Wayne is asset to music entity that still believes in a slave model. no other industry do we take your intellectual property, call it "masters" and we openly take it from you because we own you.

birdman vs lil wayne. Its not crab in the barrel its the hot water that is thrown on top of them.  music is primary educational platform. its gonna get worse. caught up in beef conversation. west coast east coast. this was planted in the community. 

Frank: grocery is 5% margin. auto business big cap big expense business. r&d for few years, have a factory to create the cars. lotion easy entry to do the business. ex. carols daugther.

Guest: we spend less than 3% on those things. personal care and clothing. easiest spot is real estate and that's where we still spend most of our money. 10 billion US government gives black people in house vouchers. those who own the house, reluctant to rent to aunt and cousins. 

IAN: building a tech company does not cost as much as you think. scalable VNP cost if you build it in australia. courage to stop going for low hanging fruit. 

Rashad: we go with what you know. 

IAN: go build some tech. the answer is to build. i didnt like the commentary that I saw in the market. i created something new, the way i wanted it. 

Rashad: we built a media company. 

Ian: red panda hoop team vs major team. will you have compassion that i lost the championship? When we are in dire straits no room for compassion now. quit playing. when you walk to these rooms. 

Frank: man makes the money the money doesnt make the man. 

IAN: i need help, we should be able to fund out own things.

frank: capitalism creates inequality, that's part of it. 3% of 1.3 trillion dollars. 

IAN: stop being feins for other corporations and start investing. fans that help make these people don't get none of the money. 

Frank: I used to pray for times like these. This did not happen overnight.

IAN: RAN IT BACK

1030pm stock call, how to get 200% returns.

microsoft: they want to decretralize the app stores.

fortnite fought with microsoft and got out of the app(?)

if majority of the artist come over? release video games and have soundtrakcs inside of them. 

google gave chrome (easy to use browser) and email (free email) more people use gmal than any other email system. 

app store- promotes their own apps, ranking as well third party app maker will have a hard time breaking through.