Investor's Edge with Gary Kaltbaum - The AI week in review [02.23.2024]

Episode Date: February 23, 2024

https://garykaltbaum.com/

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That's a degree better. Explore more than 350-plus undergraduate, graduate and certificate programs at ASUonline.asu.org.org. Investor's Edge with Gary Kaltbaum. Straight talk about you and your money. Now from the BizTalk Studios, here is Gary Kaltbaum. And welcome once again to Investors Edge. I'm Gary Kaltbaum, your host day.

Thanks for being with us today. Glad you here, ladies and gentlemen, happy that you are listening. It is Friday, the 23rd, 2024. I think it's February. And we're here to talk about everything that affects you. the economy jobs markets the morlocks in dc whatever comes to mind and if you do not get this radio show in your city we'll post it at gary k dot com we'll also post on our twitter feed which is now x and if you want to follow us on x go to x let's put our name in or press the button at garyk

dot com and of course all of you can email me you just have to be nice because we're nice it's the 23rd just so you know 23rd is so you know 23rd is my lucky number. I lived all my addresses at 23 in it. Just nine out of 10 at 23s, amongst other things. Not that you care. Ladies and gentlemen, it's a day of lessons. When the world is swirling around you, lessons when insanity is run amok discipline

and what are we talking about with lessons and disciplines today to make sure you don't lose your arse in the markets in the last few years I know some very very smart people friends of mine that did not listen to me

they bought NFTs and without saying how much, all of them are worth zero, we can start with that. And of course, there's all the bubbles and the crypto. Yes, I know Bitcoin and Ethereum, a couple others. But what they don't tell you is over 30,000 coins. Crypto coins are at zero. All foisted upon an unwary public by a bunch of...

people trying to make riches for themselves with a bunch of bull crap. So lessons, discipline for you today. What do we mean by that? Well, we notice things. Yes, that's what we do. We notice things. And we also have very good study of history. And the study of history has to go back.

to the dates of extremes. On the downside was 08. I personally went to my bank and took out a ton of cash, $100 bills, and put it into my safe because I was scared crapless of the financial system buckling under the scum bags running Wall Street and Washington, D.C., with mortgage-backed securities, margin 510. 15, 20, 30 to 1.

And then we bailed them out because the incestuous relationship between the crooks in D.C. And on Wall Street, not one got indicted. That's one extreme. The other extreme, well, 99. I'm not talking about Agent 99 from Get Smart. We're talking the year 1999. In case you don't know, we had a technology bullman. market culminating in a climactic run, November of 99 to March of 2000, where I believe the

NASDAQ went from like 2,800 to 5,203 months. It was insanity, but it wasn't over. We croaked, came back, and then we finally doubly croaked the day after Labor Day when Intel warned. I remember it well. And let me tell you what happened back then. in the heyday of the internet. You had mutual funds change their name from the so-and-so technology fund to the so-and-so internet fund in order to attract capital.

You had companies change their name to the so-and-so company to the so-and-so.com company. You had major announcements of, hey, we started a website, the stocks would soar. You had companies like buy.com. Let me give you their business plan. I am not making this up. Hey, we're buy.com. You come to our website and buy these products, and we're going to take a loss on purpose. We're going to lose money on purpose, but we'll make it back in the advertising. I don't believe buy.com is an animal anymore. And people bought at any price.

I told you the story that one of my major gains at the end of the bull market was Oracle. I bought it, and it's not that I'm a genius or anything, you were in a massive bubble, a melt-up.

It went up four-five-fold Oracle. I don't know how long it was. I don't remember the six months, three months, nine months, whatever it may be. And I sold it. I'm a hero. I got a call from one of my clients, a doctor client, a mild-mannered, meek, doctor-client, called me up and F-bombed me. Viciously F-bomb me for selling Oracle who were up four to five-fold.

And he fired me. I tried to reason to no avail. later, true story calls me up. From Boca Raton, Florida, he had moved. Apologizing. Will I take back his account? Guess what he had

in the account? Oracle. He bought it back and lost his arse. True story. He lost any discipline because of emotion. He lost all discipline because of emotion.

I talked. you the story of an elderly lady that called me up the day game stock stop had its biggest move up it had gone from 20 to it was 300 at the time she called maybe a little more than 300 what do you think i said you're really calling me about this and you can tell she was getting a little angry i go do you know where the stock was two weeks ago yes i do what was it well wasn't it 30 bucks i said no it was 20 so i said so you want to buy some something at 300 and something that was just 20 bucks? Well, what if it goes to 400?

How are you supposed to answer that? And while I was on the phone with her, the stock went up like 30 bucks. And she yelled at me, you see, I've been on the phone with you for minutes and it's already up $30. And she viciously hung up on me. True story. I don't know what she did. I don't know whether she bought, but the stock went down. 90% from there. And actually it went down like 50% in the next day or two. Discipline. Losing your

mind because of your surroundings. There's this old line, price moves emotions. And when all hell breaks loose, that's when you have to be your most discipline. What I mean when hell breaks loose, when stocks do things that they don't normally do for a reason or not, you got to keep yourself in check. Because if you lose a strict discipline, there's a heck of a lot of money to lose. And we're just making the point right now that we noticed in the last day or so. people that have never mentioned

Nvidia haven't owned it are getting in front of us to tell us oh this thing's gone to 2000 oh I expected to be a thousand within the next quarter oh it's the end all be all well we're what you 300 points ago

when it broke out of a six month range we had the discipline Now at 800, they don't. And maybe it goes from 800 to 1,000 next week. Or maybe it corrects. A normal correction. We don't know. But ladies and gentlemen, keep your wits about you.

Be disciplined. I got two calls today from people I don't even know. They called me. Do you think I should buy Nvidia here? Do you own any? No. Why are you calling me today on it? Everybody's talking about it.

Do you know what the stock is done? I think so. It was 500 on January 8th when it broke out. It's 800 today. Do you think there's risk? Up next, we'll keep going with this. Why? Lessons!

This is the one only investment. Hi, I'm Gary Kalbaum, hosted a nationally syndicated radio show Investors Edge. We're not just handsome radio people. We manage investors money for a living, specializing in fee-based discretionary money management. No big commissions, just a fee on the assets that's managed. We also provide a full range of personalized services, including retirement planning, fixed income, and educational needs,

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Investment advisory services offered through call-bomb Capital, management. Hi, I'm Dr. Jake Goodman, host of Beyond the Script, the podcast where I sit down with pharmacists to answer the health questions you didn't even know you could ask at the pharmacy counter. In this episode, we are diving into gut health with CVS pharmacist Victoria Motola, who explains why so many of us live with stomach issues we should not accept as normal. A lot of what I see is just like chronic bloating, chronic stomach aches. Like I get a stomach ache every time that I eat. And it just becomes like a lifestyle where, oh, yeah, you know, I just, I have a stomachache every day. Or I'm constantly feeling like gassy. And all of those things

are not something that generally, if you have a healthy gut, you should be living with. So that's when we deep dive. We deep dive into your medication. We deep dive into your OTC medication. And then at that point, we can probably identify something that we can change. Here the full conversation, plus some fascinating facts about how gut health affects so much more than just your stomach on Beyond the Script, a podcast from CVS Pharmacy and IHeart Radio. Listen now wherever you get your podcasts. Reese's peanut butter cups. They go perfectly with music. Podcasts. And welcome back to the show. Even nature sounds. Oh, and the thing where someone crinkles tissue and whispers at you. Hello. Look, I'm not here to judge what you.

listen to. I'm here to judge you for not eating Reese's while you listen to it. Reese's. Ashley, go back to the nature sounds. Nice. Yeah, that's really nice. Cashflow crunch. On-Dak's small business line of credit gives your business immediate access to funds up to $200,000 right when you need it. Cover seasonal dips, manage payroll, restock inventory, or tackle unexpected expenses without missing a beat. With flexible draws, transparent pricing, and control over repayment, get funded quickly and confidently. Apply today at ondeck.com. Funds could be available as soon as tomorrow. Depending on certain loan attributes, your business loan may be issued by On Deck or Celtic Bank. OnDec does not lend in North Dakota, all loans an amount subject to lender approval.

It's time to switch on the integrator units and get the brain cells working. You're listening to Hey, this promises to be fun. Investors Edge. The last bastion of quality programming. With Gary called bomb it doesn't get better than this so those that don't do what we do and let me be clear on what we do here we scan 1500 stocks minimum a day 200 sectors every country every commodity and we are specifically looking for launching pads and uptrends coming from those launching pads if one of these entities moves out of this launching pad to the upside and then fails, we know it pretty quickly and we lose a little bit of money. But things that work akin to Nvidia up 60% in less than two months, well, that pretty much will take care of many launching pads that fail.

And our toughest, the toughest thing for us to do is hold. It ain't easy. We purposely sold down some of the Nvidia on the way up. That was on purpose. And we still have a lot of what we initially bought. But I sure as hell would want a lot more. That's the tough part. Because great stocks will correct.

You go through any great stock throughout history. They've had moments where they corrected 15, 20%. Of course, they have to go in up 50%. But my point today is, I think Nvidia is going higher. That's my guess, but I don't work off guessing. I let the market dictate. If it's going to go higher, do I want to buy more? Hell yes.

Of course, yes. That's an easy answer. But where would I buy more? They'd have to pull another specific buy point. And that's only done by time slash pulling back or sitting and let moving averages catch up. And we've explained moving averages to you that just add up. If it's a 50-day moving average, add up the 50 closes of those days. Divide by 50, you get a smooth outline.

And it wipes away all the wiggles and squiggles. And very often on the visits to these moving averages, that's where the bullish phases contained on the pullback on the downside. And then away we go again. But I would suggest, based on just a couple of calls to little old me, I'm a nobody, I think people are, got to get in, got to get in. they're talking a thousand bucks the fact they're talking 1,200 bucks they're doing this they're doing that discipline we promise you here if we see a secondary by point we'll let you know now I must admit the gap to the upside yesterday it's not necessarily a secondary by point but we love gaps

If it had spent more time sitting around for a while, we would have probably bought that secondary buypoint, opened around 745, 750. But I need to let you know what you're dealing with after stocks made a good move. And Vidiya today was $824 in the first five minutes. It finished at 788. 36 bucks off the highs today looks great probably needs to rest the next part of the equation we vow to do our best to let you know when something like an invidium makes this move it's artificial intelligence there are always other names we already know about super micro but that looks like for now it's had that blow off top we're watching for others

which is great but also you've got to be careful. Do you know why? Because you're going to get a bunch of scum at some companies that just announce AI to goose their stocks up, even though really AI is nothing to do with it or is maybe just on the margin. Just like back in 99, oh, we're going to open a website. Oh, we're going to add dot com to our name. Oh, we're a mutual fund. We're going to change it from the technology fund to the Internet funds.

So we'll be very careful about that, but there are some names already. Substantive names that have raised their numbers markedly. One was super micro, another one's arm holdings, which I don't own yet. And there are others. And we're just letting you know in a disciplined fashion. We'll let you know. But please, be smart. Be very smart.

I will promise you this. At the end of the road, there'll be a crap load of money to lose. You got that? How do we know this? The study of bull and bear markets. And the reading of the book, Extraordinary Popular Delusions in the Madness of Crowds. The AI thing looks great.

I think it could last, but could turn into one of those 1999. If only, we had PMC Sierra did, I think, four or fivefold, Oracle, SDL, Inc. EMC. We hit the last climactic move in Qualcomm, didn't get the high. But boy, oh boy, that was crazy. And friends of mine that are so much better than me, like Gil Morales, who we brought on this show, made like 3 billion percent during that bubble. And you know, that reminds me, I think we're going to give Gill a call to come on this show and maybe do a little comparison.

And probably teach you a couple of lessons also. So we just wanted to start with that today because we're starting to feel the anxiety. We had a client call up today. Can we buy some invidia? I said we own it already 300 points ago. we do that was today so just letting you know

and the other good news right now by the way there's other areas of the market that act well it's not the most broad move in the market but there are there jp morgan hit a yearly high today Goldman's oh did but did fell back

there's some retail acting well and then there's some retail that act like crap restaurants acting well Up next, we'll dive into today. Much more, I'm Gary. This is the one only investor's edge. Hi, I'm Dr. Jake Goodman, host of Beyond the Script, the podcast where I sit down with pharmacists to answer the health questions

you didn't even know you could ask at the pharmacy counter. In this episode, we are diving into gut health with CVS pharmacist, Victoria Motola, who explains why so many of us live with stomach issues we should not accept as normal. A lot of what I see is just like chronic bloating, chronic stomach aches. Like I get a stomachache every time that I eat. And it just becomes like a lifestyle where, oh, yeah, you know, I just have a stomachache every day. Or I'm constantly feeling like gassy.

And all of those things are not something that generally, if you have a healthy gut, you should be living with. So that's when we deep dive. We deep dive into your medication. We deep dive into your OTC medication. And then at that point, we can probably identify something that we can change. Hear the full conversation, plus some fascinating facts about how gut health affects so much more than just your stomach on Beyond the Script, a podcast from CVS Pharmacy and IHeartRadio. Listen now wherever you get your podcasts.

Reese's peanut butter cups. They go perfectly with music. Podcasts. And welcome back to the show. Even nature sounds. Oh, and the thing where someone crinkles tissue and whispers at you. Hello. Look, I'm not here to judge what you listen to.

I'm here to judge you for not eating Reese's while you listen to it. Reeses. Ashley, go back to the nature sounds. Nice. Yeah, that's really nice. On Deck is built to back small businesses like yours. Whether you're buying equipment, expanding your team, or bridging cash flow gaps. On Deck's loans up to $400,000 help make it happen fast. Rated A-plus by the Better Business Bureau and earning thousands of five-star trust

pilot reviews. OnDec delivers funding you can count on. Apply in minutes at ondac.com. Depending on certain loan attributes, your business loan may be issued by OnDec or Celtic Bank. OnDec does not lend in North Dakota. All loans and amounts subject to lender approval. We're listening to. America is talking. Investors edge. He's got to be pleased with that. The crowd is just on his feet here. He's a Cinderella boy. With Gary Colbomb. It comes highly recommended. You're going to feel better if you talk to him. I was sent a video today that I'm going to post on Twitter.

If I can do that, GaryK.com. It is a video of Stanley Drucken Miller, who we quoted yesterday, and what he had to say about AI and what the possibilities are for it. He says he thinks that an Nvidia maybe can go for two years. Okay. and he was just, guess what he was doing? Comparing history. You go back and go to the internet.

You know, things lasted that didn't just go for a bunch of months. But of course, what we'll be doing is take it day by day. Let the market dictate. Close our eyes, hold our nose and pray. No, no, no, no, no. We're not going to do that because we've tried. It does not work. So I hope you're listening.

Hope you're learning a little bit. And just so you know, as I say to you, we're learning more and more about ourselves every day. There's a couple of things we are p-oed about in the last seven, eight weeks while we've been making some serious coin. First one was the SMCI, Super Micro. Our year's already a year, but boy, oh boy, were that of made a year. hopefully the next one and that's a little bit of that today Dow was up 62

the NASDAQ I think was up let me give you the number on the NASDAQ earlier today it hits 16134 so it was up 130 about 80 something I think finished down 44 why because they got to bring some stocks in

got to pull them back as I said and Vida dropped 32 bucks from the high today looks great. But man, oh man, something's got to rest. And let me use the phrase, if you don't mind. You got to have the market piss people off before going higher. That's how it does work, by the way. In order to go higher, you need to suck people out. That's how markets really do work.

Not kidding. but seeing nothing untoward at this point in time. In fact, yields. Maybe, maybe. Little topping out here after rallying up. Maybe. Hit 4.3% sat there and back and forth, back and forth, and maybe starting to roll back down.

That's not bad. Oil prices tanked two bucks today. That's not bad. and if you look at oil and yields, they're kind of going in sync right now. So maybe something there. And fundamentally, there's nothing better than yields and oil prices coming down. That's the cost of capital and cost of energy. I like to see that.

Otherwise, you know, Hyatt hotels reports crappy numbers, but said revenues per Watchmadugi were at the high end up 8% today. Carvana, I don't get it. They lost a buck. Their guidance wasn't that great. It was up 32% today to 69 bucks. Actually hit, I think, 80. No, really.

Oh, and sales were down 15%. But I think they may have mentioned that the pricing for cars a little bit better. I don't know if that did the trick. So a couple more. How about this one? I've never been there. Sprouts, farmers. market up 11% today to new yearly highs pedestrian numbers sales up 8% market loves it though so still

getting some pretty darn good reactions of course there's been some blowups but some darn good reactions you ever hear of comfort systems air conditioning and ventilation ooh how exciting up 12 and a half percent today on their earnings to a new yearly high Again, differing areas. Nothing wrong with that. Advanced declines were pretty decent today. 2590 up 1398 down on the New York. NASDAQ 2292 to 1810.

New yearly highs picked up. I'm going to have to do some work on that. A lot of low beta stuff, new yearly highs. And of course, then there's, as we go back to the little lesson. Just a little lesson. The greatest losses come from the strongest stocks when they treat you badly. If you buy them wrong. Or if you buy into the frenzy.

You think the people who bought Super Micro last Friday, when it opened at 1,077 and watch it close at 801, you think they're happy. Anybody who bought it into that frenzy does not have the gary discipline. Know where stocks have come from. Know where they are in relation to where they came from. Know what it means to be extended away from the norm and what going back to the norm can mean.

That is the measurements we do on a daily basis. That's all. Do you know why we don't own Tesla or Apple? Even though they're considered the magnificent 7 because those two are in bearish phases right now. How do we know? The study of bull and bear markets. Looking at a photo album for familiar faces. Understanding the roadmap of what's an uptrend or downtrend.

And if any of those other names that are so strong, turn that way, we'll know about. the market. If you go back to 22, what did we do for you? Starting in 21. Tops after tops after tops after tops after tops after tops after tops after tops after tops of all the growth leaders of the prior

bull market. And we highlighted them for you on a daily basis. Where did that come from? The study of bull and bear markets, the study of tops and bottoms. Understanding if there's 100 stocks in the group and 50 of them top out,

and break down, the other 50 you're going to follow. That is how it works. And that's that. By the way, you know what my schedule is tomorrow morning? 5 a.m., WWE from Perth, Australia, the elimination chamber. Yes, I'll be waking up at 5 a.m. I'm that insane. No, I'm not.

I love it. I'm a professional wrestling nut. since the 70s every Wednesday Miami Beach Convention Center to see Dusty Roads beat the bad guy and then we used to hang out to meet the wrestlers afterwards

and the bad guys never change their characters they'd walk right past you and shoot your fingers they could not get out of character now it's a whole different story that's my tomorrow morning at 5 a.m. So we hope we're helping you here

and it's still ain't easy and it's still ain't easy next week a lot of earnings already gone by the wayside there's still be some more but nothing that we have to be twisted over and if yields come down and oil comes down we think that's okay for the market

and if anything changes we'll let you know just be wary just be wary of the pile on after a move does not mean we're not going much higher but I will promise you there are rest stations in price on the way up eventually

you know on the highway you go to these rest stations you got a little bit of that in the market in the news oh I knew I had one more thing anybody heard of a gentleman by name of Mark Minnavini

one of the great stock traders of the last whatever decades. He echoed what we've been telling you here. He put out a little note on his Twitter feed about, let me not mention her and her fund by name anymore, but down still 70-some-odd percent from, I think, almost three years ago. We'll tie a bow tie on that next. And then other news of the day.

This is the one only investor's edge. I'm Dr. Jake Goodman, host of Beyond the Script, the podcast where I sit down with pharmacists to answer the health questions you didn't even know you could ask at the pharmacy counter. In this episode, we are diving into gut health with CVS pharmacist Victoria Motola, who explains why so many of us live with stomach issues we should not accept as normal. A lot of what I see is just like chronic bloating, chronic stomach aches. like I get a stomachache every time that I eat

and it just becomes like a lifestyle where oh yeah you know I just I have a stomachache every day or I'm constantly feeling like gassy and all of those things are not something that generally if you have a healthy gut you should be living with so that's when we deep dive

we deep dive into your medication we deep dive into your OTC medication and then at that point we can probably identify something that we can change hear the full conversation plus some fascinating facts about how gut health affects so much more than just your stomach on Beyond the Script, a podcast from CVS Pharmacy and IHeart Radio. Listen now wherever you get your podcasts.

Reese's peanut butter cups. They go perfectly with music. Podcasts. And welcome back to the show. Even nature sounds. Oh, and the thing where someone crinkles tissue and whispers at you. Hello. Look, I'm not here to judge what you listen to. I'm here to judge. I'm here to judge you for not eating Reese's while you listen to it. Reeses. Ashley, go back to the nature sounds. Nice. Yeah, that's really nice. Cashflow crunch. On Deck's small business line of credit gives your business immediate access to funds up to $200,000 right when you need it. Cover seasonal dips, manage payroll, restock

inventory, or tackle unexpected expenses without missing a beat with flexible draws, transparent pricing, and control over repayment. Get funded quickly and confidently. Apply today at OnDak.com. Funds could be available as soon as tomorrow. Depending on certain loan attributes, your business loan may be issued by OnDec or Celtic Bank. OnDak does not lend in North Dakota. All loans and amount subject to lender approval. You're listening to. What are we waiting for? Well, what are you waiting for?

One, two, ready, go. Action! In the Wester's Edge. With Gary Culper. He put out a note, Mark Minervini, about her and her fun. been croaking saying you can be the smartest person on earth you can go to the toughest schools and get straight A's you can be valedictorian you can read financial statements better than the

next guy but if you don't have risk management in the management of money you're dead risk management the woman doesn't manage an account with 10 stocks in it She manages a diversified mutual fund, a diversified mutual fund that went down 80 some odd percent at the lows and is still down the 70s. If I tried to do that, I couldn't do that. No risk management. And that's why we tell you, really got to measure these things. Whoever's doing the managing for you, whatever, if by chance there are stocks that are down 50% in your accounts, that tells you there's no risk management.

And what it also tells you, when we get into a bare market, when we get into a bare market, if there's no risk management, the average leader of the past pole drops in the 70s. Lower beta stuff will drop 30s and 40s. And I know you'll be hearing, oh, don't worry, it'll come back. We've been here before. Yeah, try seeing your million bucks at 600,000 being told that. Again, we'll let you decide.

We're just letting you know he echoed. everything we've been telling you about, we don't get the guru status. I think we're beating her in three years by 140 percentage points. We're not guru status. We're nobodies. By the way, that was an estimate. Don't quote me on that.

We're beaten her badly. Anyway, just letting you know. And we're just not going to mention names anymore. Remember, we don't take down anybody. reason we bring this up is because we get, I can't begin to tell you how many emails we get on it. And we don't understand being asked on crypto and actually having the gall to say, oh, Bitcoin's going to $1.5 million by 2030. It makes me vomit. And by the way, we're not saying it's not. We just think that's disgusting. In the news, well, another one, Mercedes-Benz is back in

off its plan to only sell electric vehicles after 2030. No crap. Had no idea that would happen. What did we tell you? All these companies were not necessarily forced, forced into electric vehicles, but they got the wink and the nod and demand for electric vehicles, just not there. So they've all ended with tons of inventory. Hertz is no longer doing. in electric vehicles, Ford drop in production, GM, I mean, on and on and on. I'll tell you what does work is the

hybrid. Maybe they'll go that route. But these governments are such a more, just remember government, they're people. Most of them have never been in the business world. Most of them have their butler buying their food and their chauffeur driving

their car. While they steal crap. We found out that, I'm not going to mention who. There's a certain fraudulent senator that I'm told who's been a senator for what 15 years something like that and making 200,000 a year worth 50 million bucks what the hell is going on here i'm in the wrong business anyway these are the people that are trying to force things on to you oh and if you're buying an electric vehicle we're going to have the taxpayer give you 7500 bucks towards it they can't even get people buying it with that

So demand not there. That's why one of the worst acting groups in the market, electric vehicles. By the way, one of our greatest calls of all time is Rivian, which, by the way, dropped from 16 to 10 in the last two days. Remember, when that came out and we were laughing at the valuation, it was 180. It had the market cap almost of GM and Ford, even though they had no sales. And GM and Ford had 260 billion in sales and made a ton of money. Well, Rivian's gone from 180 to 10. I hope you listened.

And the rest of them. Bye-bye. And what's the weakest stock of the magnificent 7? Tesla. So we just want you to remember these things. I got to tell you, it really wasn't hard for me to figure out. It's small sampling. I have friends that own Teslas, but not many.

No, not many friends. I mean, not many own Teslas. I have friends. No, really, I do. I have friends. So, Mercedes. Another one. Artificial Intelligence.

I want to thank my buddy Tom from the West Coast of Florida. He is sending me by FedEx. A magazine, I'll have it tomorrow. I think it was, maybe it was time, I'm not sure. A whole thing on artificial intelligence. I'm going to read the whole thing this weekend. And I'll let you know if it's worth getting. I think each and every one of you should start learning more about it because I'm hoping bazillions are made from it.

I mean, some of the things I'm hearing are just pretty darn good. Hey, in the news, well, we've been picking on San Francisco. A lot of mine as well do it again. The mayor, her name is London Breed, a miserable failure of a mayor that have treated criminals better than the citizen there. She's going to lose the election. Just letting you know. And the woman who's going to win, guess what he wants? A lot more police and no more drug use.

You do realize they just let them, if you're walking your kids on the street in downtown San Fran, they just have no problem with just people shooting up and defecating on the sidewalk in front of you. Ladies and gentlemen, Mayor London Breed, San Francisco, elected by the people. By the way, she still has the poll number, she can't win, she still has a bunch of people wanting to vote her still. It's amazing to watch. Why would anybody vote for anyone that puts the criminals ahead of the citizens? Boggles the mind. and on that note, the 23rd, my lucky number, lesson day here at Investors Ed.

You have a great weekend. Drive carefully. And when you get home, do like we do quite simple. Make sure you hug your family. Make sure you hug your children. They will feel better. You will feel better. I promise until Monday.

Peace out all. Thanks for joining. Good night. This has been Investors Edge with Gary Cult Bomb on BizTalk. To listen to past episodes or to get in contact with Gary, go to Gary K.com. That's Gary K.com. Struggling to see up close, make it visible with Viz. Viz is a once daily prescription eye drop to treat blurry near vision for up to 10 hours.

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