The School of Greatness - The Man Who Turned $20k Into $60M Reveals The Strategy That BEATS Wall Street, Predictions For The Future & What To Invest In NOW
Episode Date: June 25, 2025Leave an Amazon Rating or Review for my New York Times Bestselling book, Make Money Easy!Most people think you need a finance degree to beat Wall Street, but Chris Camillo built a multimillion-dollar ...portfolio by reading TikTok comments and spotting trends before the experts. This self-taught investor turned social media observations into massive returns - from predicting the iPhone's impact on Apple stock to riding the AI wave with NVIDIA when ChatGPT launched. Chris reveals how he uses social arbitrage to identify investment opportunities weeks ahead of traditional analysts, why AI will democratize intelligence for everyone, and how the coming robot revolution will create trillion-dollar companies within the next decade. Whether you're starting with $10 or building generational wealth, this conversation shows you how to turn everyday observations into financial freedom.Chris’s book Laughing at Wall Street: How I Beat the Pros at InvestingChris on YouTubeChris on XIn this episode you will learn:How to use ChatGPT to identify publicly traded companies that benefit from trending news and social media phenomenaThe exact methodology for social arbitrage investing - buying at information imbalance and selling at information parityWhy AI will democratize intelligence and level the playing field for everyone regardless of education or backgroundHow to spot the difference between trends that move stock prices versus those that don't impact company bottom linesWhy humanoid robots will create a multi-trillion dollar industry within 5-10 years and which sectors will benefit firstFor more information go to https://www.lewishowes.com/1789For more Greatness text PODCAST to +1 (614) 350-3960More SOG episodes we think you’ll love:Chris Camillo – greatness.lnk.to/1771SCDean Graziosi – greatness.lnk.to/1766SCAlex Hormozi – greatness.lnk.to/1723SC Get more from Lewis! Get my New York Times Bestselling book, Make Money Easy!Get The Greatness Mindset audiobook on SpotifyText Lewis AIYouTubeInstagramWebsiteTiktokFacebookX
Transcript
Discussion (0)
Welcome back, my friends.
And if you haven't heard the announcement yet, Martha and I are having a baby and we are very, very excited.
So many people have been sending messages out saying congratulations.
And I just want to say thank you because it's been just overwhelming the amount of love and support for both of us.
So we did a full episode recently where we talk about relationship, what we've learned, communication strategies, and also kind of more behind the scenes on
our relationship and all the tools and the things that we have done over the
past four years to strengthen our relationship before getting married, now
being married and so on.
So if you're looking for more advice around that, make sure to check that out.
We went pretty deep for almost two hours.
So check out that episode.
And again, big thank you.
I'm very excited to be a dad in the near future, but this episode is all about
really how to optimize our financial opportunities.
And since I had Chris on the first episode, I took his advice and I kid you not.
I went deeper in my investing strategy and as of today
My investments are up. It looks like
24.78
Percent right now. So since the last episode I took action on
The things that he said now this doesn't mean you're guaranteed to make a lot of money overnight or something like that, but he really talked about really getting started and going more all in on investing,
no matter who you are, no matter how much you have starting to invest.
And in this episode, he's really talking about spotting the trends before everyone else.
How do we spot the trends before everyone else?
That means you might have to be patient for a while until you
see returns and also how AI is quickly changing the world with
investing in so many other things. Chris shares his
journey of turning small investments into millions, not
through insider tips, but by analyzing public information and
cultural shifts happening in real time, all things that you
can do right now. And there's literally something that I did with one of my investments that jumped up 20 point something percent in the last month since I had this conversation with him.
Now, again, this doesn't mean there's not risk in making investments.
I've made investments in the past that have gone down to zero.
But here he talks about how to spot these trends publicly for your personal financial gain. Also,
why the rise of AI is the biggest shift in democratizing
intelligence and financial freedom in the step by step
method for identifying when to buy, and when to sell stocks
based on real world signals. So this is going to be a powerful
one again, how you can invest literally 10 20 30
bucks today can help lead to long term wealth if you start
with the right mindset and habits. We cover all this and
so much more in today's episode. If you're enjoying it, make sure
to share it with a friend or two this your first time here and
you haven't subscribed yet. Make sure to click the follow button
on Apple podcast or Spotify.
I'm so grateful that you're here.
And let's go ahead and dive into this episode with Chris Camillo.
So this is actually where AI comes in pretty cool.
You could also ask.
So as I was saying, like you can find some change that's happening in the world and you
could go in chat GPT and say and say, hey, this is happening.
What publicly traded companies are likely to benefit from this?
That's interesting.
And it will actually tell you.
I used to spend like four days figuring that information out
of myself.
Now you can just ask ChatGPT.
Have you done this yet?
I'm doing it now, yeah.
I'm doing it now.
And it helps.
It's like a tool.
It's a tool.
Could you give an example of what that would look like?
If there's something you've been researching
or seeing trends happening right now,
can we do a live example?
I don't know if you could even see what it would give you
and then you could see on chat,
you'd be T whether you think that's accurate or not.
Yeah. So I mean, let's talk about
Flip your phone.
I'm curious if we do a live example
because I think it'd be interesting.
Yeah, I just put it down.
Well, let's talk about what's actually,
okay, this is a good one.
I'd love to see what you've been noticing
or comments you've seen on TikTok where you'd say,
okay, what publicly traded companies
would be impacted by this?
Yeah, so one um, one example.
Cause again, I want to simplify this for people.
Cause I think it's still scary for them to understand.
Yeah.
I do this every day.
It's what this is my entire life.
Okay.
Well, this is my entire life, like seeing something and then being like
who would benefit or not.
So, so like one of them might be, you know, a heat wave, right?
So the last few, and I thought of this because I was like, it's really
cold in the studio, so I'm like, you know, we've had some really wild,
axis has been like, some wild heat waves.
Right.
So one of them, it might be, uh, you could just ask Jett, I'll ask Jett
to be there right now. I'll ask Jett to be there now.
I'll be like, I'm going to say, hey.
This is interesting.
We are experiencing the biggest heat wave in history
in the United States.
What publicly traded companies would
benefit and which publicly traded companies would be
harmed by this heat wave.
That's interesting.
See what it says.
I'm going to put that in and let's just, let's just see what it says.
And this is not going to be an end all, but it's a starting point.
So it lists out, obviously it's a starting point.
So it lists out, obviously it lists out all the HVAC manufacturers, Carrier, Train, Linux,
and it says HVAC manufacturers experiencing increased demand for cooling, home depot and lows,
higher sales of fans AC related products, Genarac,
Genarac manufacturing benefits from increased power outages due to heat stress on the grid.
That's been one of my biggest heat wave trades, actually,
so it's cool that it got it.
Edgewell personal care, producer of some protection products
like Banana Boat, Hawaiian Tropic,
with sales revenue and heat waves,
companies that would be harmed, Walt Disney and Six Flags.
Interesting.
Theme park operators facing reduced attendance
due to extreme heat.
Insurance companies facing extreme claims from heat related
damages, utility and energy companies struggling with grid reliability,
agriculture, experiencing crop stress and reduce yields due to prolonged,
um, heat.
So like, I literally go through, this is what I do every day.
And, and what's really interesting is, so once you find the companies, that's just the first part. Okay, you have to really determine, is this information actually likely to move the needle for them? And so if a company is like, you know, it, for example, you might find a snack that's
trending. Okay, this happens all the time. There's like a really
hot snack or a hot cookie or something's happening. And you're
like, Oh, this is gonna crush it. In fact, this just happened
recently with that water made that water company that went
viral. Did you see this? Oh, yeah, the water the blue water
ball, the blue water ball. Saratoga, I think it is Saratoga.
So I just did this with Saratoga. I was like, I was
like, wow, Ashton Hall, I think it is. Saratoga. I just did this with Saratoga. I was like, wow. It's Ashton Hall, I think his name is, the viral creator
who's like, yeah, every video is just crushing.
Saratoga went nuts.
Well, Saratoga is manufactured by a publicly traded company.
But that publicly traded company manufactures
a bunch of really big bottled water companies
that are like 100x the size of Saratoga.
So the truth is I think Saratoga was like 1% of their sales.
So even if they double sales of Saratoga, it's not going to make a real difference.
And so you have to do the research to figure that out.
Now if that was a publicly traded company on its own, it would be more interesting to
invest in.
Huge.
That would be huge.
Okay.
So that's exactly what you're looking for.
Is it going to, and by the way, there's a little bit of a science, a little bit
of an art, you do some research, right?
Like this is where you learn, you get better over time.
But by the way, you don't have to do it alone.
You have friends in your life that you can, you can ask other people, like,
Hey, can you help me with this?
By the way, like we have a community, DumbMoney.tv, right?
Like we have a Discord, like we literally help each other
with this stuff all the time.
Like we just-
Are you in your Discord just telling people
I'm doing this trade today or I'm getting in,
I'm getting out?
No, no, we don't really discuss trades.
What we discuss is change.
Trends.
Yeah, so we're like, Hey, just saw this.
I think it might positively impact this company.
What do you guys think?
And then we just, we just help each other.
Right.
And so you're not saying this is what I'm doing today or tomorrow.
Once we all do our own research and we all collaborate and a lot of times
we go out and we interview stores.
Like if it's like a product in the store, like we'll take videos, we'll take pictures.
Like we just aggregate like, like research and we help each other because
like it's us versus wall street.
Right.
So like we're like a big hedge fund of just regular people.
We have UPS drivers.
We have like just all kinds of people in our, in our network.
And if you don't want to be in our community, just do it with your friends.
Right. Yeah. But once you find something that is be in our community, just do it with your friends, right?
But once you find something that is going to,
and then we go off and make our own trades.
But you don't share them.
No, we don't discuss that.
Because everyone has their own risk tolerance.
Everyone makes their own decisions.
The last thing I want to do is people copying my trades.
And I don't want to copy other people's trades,
because then you don't get smarter.
And also, my risk tolerance is really, really high. So you don't want to copy other people's trades, because then you don't get smarter. And also, my risk tolerance is really, really high.
So you don't want to copy me.
Your risk tolerance probably isn't as high as mine.
But once you find the change in the world,
connect the dots to companies that would benefit,
or sectors that would benefit from it, or be harmed,
find out if it's going to actually move the needle.
Then you have to determine if there's something else happening to that company during that window of time. You think it's going to
impact them. That is more important to that company than this thing that you found. Okay.
So there might be a company going through that's being prosecuted by the government.
And that prosecution is all that investors care about right now. So the fact they have a trending product, it's going to increase their sales by
three or 4% is not going to move the needle relative to the fact that, you
know, the FTC is about to bury them.
So like, you just got to go through the motions of figuring out what's important.
The way that you do that is you read earnings reports and you kind of read
new stories on the company and you're like, what's going on?
Then you need to figure out. Does the rest of the world know about what
I just found out? Are they connecting the dots yet? Do they know about this crazy heat?
Like when we had the big freeze in Texas a few years ago, remember that crazy freeze?
All the pipes broke. All the swimming pool equipment broke and everyone had to buy new swimming pool
equipment and the pool companies went nuts. Right. And so I was like, did people know
about that yet? Cause I'm in Texas. I live in Texas. I knew about it like immediately.
I had a pool, pool, equipment's gone. All my friends all have to get new pool equipment.
How long is it going to take you to get new pool equipment? Like six months. Cause we
can't, they're literally sold out of pool. Well, who's makes, who new pool equipment. How long is it going to take you to get new pool equipment? Like six months, because we can't, they're literally sold out of pool
equipment, well, who makes, who makes pool equipment?
I'm investing in them.
Right.
And which is what we did.
And, but has the rest of the world caught onto this yet?
Has Wall Street.
Right.
And so you have to figure out if they're seeing it yet.
So you're like, are there news articles about this yet?
Are they talking about in the Wall Street Journal?
If I go look under all the articles, are they talking about it in the earnings report?
Is there chatter on like, on like ex Twitter or stock Twitter, right?
Or, or, or, or investors that are retail investors talking about this yet.
Um, and if no one else is talking about it, there's a decent chance that you might
have discovered something and connected the dots quicker than everybody else.
And that's what you want.
Right.
And so once you kind of go through, and again, if you want to go deep into my
methodology, Jack Schwager did a great job talking about in his book, but
that's when you trade and then, and then when you, when you sell, that's what you're asking me.
Okay.
So you're trading, um, at the point of information imbalance.
When you identified some really big piece of information that is going to impact a
company in a really big way that most other people don't know about yet.
That's when you trade. That's when you trade.
That's when you buy the company, all right?
You sell at the point of information parody
when that information that you discovered
is now widely known by other investors, okay?
Often that will be an earnings report
when the company comes out.
Like remember that story I told you earlier about Elf Cosmetics?
The company came out and said, guess what?
Our sales are through the roof because this guy on YouTube
did a video, and then the stock shot up.
And now the information that you had that made you invest
in that company, everyone else has it.
So you no longer have an inherent advantage over anyone else.
So at that moment, if you're going to be a pure social arb investor or kind of
investing in conversational data, right.
An observational investor, then you sell because like you have no advantage anymore.
What if the stock keeps going up?
Well, it might, but it's going up for other reasons.
Right.
So like, now this is not always black and white.
So let's say that you think, you know what?
Yes, the stock went up, but I think that this is the beginning of something
bigger that they're not appreciating yet.
Then you might end up staying in that stock for years,
which is exactly what I did with Amazon, right?
Which is exactly what I did with Apple.
You know, some of these companies back in the day,
just Wall Street just refused to believe
how big of the change is.
I feel that way right now with artificial intelligence.
Really? You know, I feel that way right now with artificial intelligence. Really?
You know, in, you know, I could be wrong. Uh, but I made a huge bet on Nvidia
that like literally the week that chat, GPT came out a couple of years ago.
And that's a big part of why my portfolio is up so much last couple of years.
Because I actually went off and, and like, I did like a bunch of
meditation for like a week.
It was, I was crazy.
I was like, this, I started using chat GPT and I was like, this might be the most
interesting thing I've ever done in my life.
And the only other thing that ever set me off like that is when I held one of these
in my hand for the first time, and this became one of the biggest investments ever
made.
People was like, oh, you can only
do this with small companies, because Wall Street's
kind of onto big companies.
No, I wrote an entire chapter in my book about this trade.
And it was because Wall Street didn't believe in the iPhone
when it first came out, mainly because they were biased,
because they weren't using an iPhone.
They didn't get to really hold it and experience it.
They were using BlackBerry, because that's what people in the corporate world in Wall Street use.
But also the iPhone was only available on AT&T the first year it came out.
That's right.
And what is it? 2006, 7?
Yes, but AT&T at the time in Manhattan, the type of data infrastructure that it used
could not send data through
buildings, hardly at all.
So almost nobody in Manhattan used AT&T back then.
So it was almost impossible if you lived in Manhattan or worked in Manhattan to have
an iPhone at that time, because everybody was on Verizon who lived in Manhattan.
So that was like an interesting little thing that made it even harder for people on Wall Street to see what was happening, to experience it.
Because it wasn't even about them using it. It was about people in their network talking about it 24 hours a day because it was so damn revolutionary.
Similar to Tesla when they first came out. If you didn't drive one or if you didn't have someone in your network that made you drive one, you didn't know how crazy special the
technology was, right? So, you know, like I almost forgot the question you asked
me now. When to sell. I mean you talked about this trade with, you know, this is
the biggest thing. AI. Oh yeah, sorry, chat to me. So I used it and I used it a
lot that first week and I was like, dude, this is big.
This is nuts.
This is nuts.
I was like, who's going to benefit from this?
And I figured out that Nvidia was the obvious beneficiary,
the picks and shovels of this whole industry.
And now Nvidia is like so expensive.
It's like trillions of dollars.
So now it might feel too expensive
unless you think that the industry of intelligence, AI,
is just getting started.
Is just getting started.
And you think it's going to be infinitely bigger
than anything else we've ever seen in our lifetime,
which is what I think.
So you haven't sold?
I might, no.
Well, I have sold it since, and then I've re, you know,
I've been levered in it, I've sold it, and then I've re I've so I've been levered in it
I've sold it and now I'm getting back into it again now that it's dropped. So I
I believe
That the human mind is not able to fully grasp
Things that haven't happened before
So this is a little bit of what they call black swan theory and I seem to lab wrote that book
back in like 2006, 2005, 2006. And it was all about the fact that like, especially capital markets,
like financial markets never really assess value to things that are anomalies,
that don't have a history that they can associate with a correlation in the past.
It's unknown, it's so unknown.
So unknown, that they just don't have a way
to frame how to value it.
We never would have thought we'd have multiple
trillion dollar companies right now that we do, right?
10 years ago.
I don't think we could wrap our head around having 10 or 20 trillion dollar companies.
I think we're going to get there.
And I think there will be a multitude of companies related to the industry of
intelligence and the industry of robotics that will be 10, 15, maybe even
20 trillion dollars, um, over the next few decades.
trillion dollars over the next few decades.
And you know, that just, that's just what I believe.
So I'm happy to still be in companies like Nvidia and then the, you know, I'm making huge bets on robot companies right now because of that.
So that's become half of my life is investing in robots.
So it's, you know, I, how long will it take though, for some of these companies that are maybe, you
know, haven't really launched their products at the highest level yet.
How long will you stay invested until you start to see the gains?
It's really hard to time sometimes like the robot companies I'm
invested in are mostly private.
Uh, I think we'll have a robot revolution in about five years.
So I think you will be consumed by nothing but robot media starting in about 18 months.
Really?
Yeah.
I think it's going to consume humanity.
What type of media are we talking about?
What do you mean?
Just people talking about it more or people like using?
We're about to enter the Jetsons age.
We are going to have human
humanoid robots walking around, not initially because the value of these robots is so high
in industry for commercial and industrial use.
Almost all the allocation of those robots is going to go towards industry. So also to have them walking around in public,
there's a safety element.
They won't be there, I don't believe, for 10 years.
You're talking about car manufacturing, restaurant
manufacturing, things like that.
There'll be...
Warehouses, logistics.
We have a job shortage, a human job shortage of like two or 300 million physical laborers
that we need to employ by 2030 that we just don't have humans for.
And this is, this will help kind of solve that problem.
Probably a bigger problem is like 10 years out when it comes to elder care.
We have a massive shortage it comes to elder care.
We have a massive shortage of people to take care of older people as the boomers are aging.
It costs $175,000 to upwards of $200,000 a year to have 24-7 care in your home to have
home-maids.
And we just simply do not have enough humans to do that. And
this is something that is exceptionally important. A hundred million people around the world
spend the bulk of their prime years taking care of a parent or grandparent, and they
don't have careers because of it. Some of them never have families. We don't have that
as much in the U.S., but it does happen, And it's going to happen a lot more the next 20 years as our parents
and her parents are getting older.
And we need to solve that problem.
Robots will solve it.
They're all to solve it.
Uh, so we have demand for billions of humanoid robots, uh, around the world,
simply to take care of the elderly.
Uh, so that will become a big use case.
That's probably the number one use case,
but it won't start for about 10 years.
Now, I've been up close with a lot of these robots.
I'm telling you, it's coming quick.
The robots are walking.
They're functioning.
They're articulating.
I've seen them move sheet metal.
I've seen them do pretty articulate stuff autonomously,
by the way, not programmed, autonomously,
like using an AI brain.
Like, oh, I see this thing over there.
I need to move it over here.
And then I see another one over there.
Then I need to move.
Yes.
Not just rinse and repeat in the same spot.
Correct.
One of the robot companies I work most closely with,
Aptronic in Austin, is partnered with DeepMind at Google.
And Google is developing an AI brain
for these bots that would melt your mind.
Like, it's... they're accelerating the technology so quickly right now.
I believe we're probably two, maybe three years away from having generalized,
autonomous robots with full AI brains that can do just about any physical job, uh, on earth.
So now can they do that, you know, durably, you know, can they do it
repetitively with the uptime that we need quality control that could take a few
years to work out, uh, and then the generalized part, when you're going to
have them in your home, doing literally
everything I'm talking about, doing your laundry, doing your dishes, cleaning up around the
house, literally doing almost everything in your home.
I mean, imagine saying, hey, you know, whether it's you or your wife, can you just redo the
closet for spring and it gets, goes out all the spring clothes and just do them in the
same exact order that
you did last spring by color and this and that it just all done.
And it knows exactly where to put the clothes up from the door.
I know this sounds insane to you,
but I'm telling you they will be able to do that in 10 years,
100% be able to do that within 10 years.
And the costs of these robots to manufacture by then
will be sub $50,000 and they'll have like a four
to five year lifespan.
So if you think about it, like the use cases from it,
it's almost ridiculously cheap when you start thinking
about all the things you don't need to do.
You know what I'm saying, because of that.
Now, something like that, that will be used 10 years away,
is it worth investing in now, even if it's not
going to be maybe successful in five, seven, 10 years?
For me, it does.
So you would excise it.
I think it's the biggest industry.
Like, physical labor is a third of global GDP.
It's the biggest industry in the world.
So listen, I own restaurants.
I cannot get employees.
It's almost impossible for us to find employees.
Why is it so hard?
Because two things.
People, listen, our unemployment rate is actually pretty low.
It's like 4%, 4.5%, right, right now.
People in this country want to do certain types of jobs, not other types of jobs.
And I'm not saying that that's good or bad.
It's just the reality.
So, you know, I, I joke like, you know, my kids are 15 and they don't want to work for 40 years in a manufacturing job.
And I don't want them to, because I don't want them to have the bad
back that I have right now.
Like, no, no, I mean, these, this is real.
Like you work in one of these jobs for 40 years and you're messed up by
the time you hit your age 60.
So they don't want to do that.
They don't want to work in a repetitive physical labor job
for their life.
And I hate to say like almost no young kids
in this country do.
So they won't have to in 10 years
with robots taking over all that.
They won't have to.
And like the one knock that this whole robot revolution
people have with it is it will displace human labor.
I'm an optimist, so I'm a little biased, but, um, at no point in human history has
technology, a human replacing technology ultimately created more and better, not
created more and better jobs for humans over the longterm.
Yeah.
And I don't see why it would be any different this time.
And if you look specifically about what AI and robots will do for the world,
labor is the number one bottleneck for industry.
And having access to more reliable, cheaper, scalable labor
will enable all of the world's industries to expand much larger than they are today.
And it will enable us to have more of that and will allow us to create new industries we can't even think of today.
So what that means is with more comes more demand for humans, right?
It might not be the same job as today.
It might not be the same job as today.
It's probably going to be a job that requires a higher degree of creativity, of sophistication, of engagement at the human mind level.
Um, so each company will have less humans, right?
Or each, each entity will have less humans, but there'll be way more
entities that need you, hopefully doing better work that's more interesting that hopefully pays more too.
So hopefully we all win as humans long-term from this.
If people working in careers right now or entrepreneurs
don't start learning AI or don't start learning
how to use AI tools to create better processes,
advance their platforms or their businesses, or don't start learning how to use AI tools to create better processes,
you know, advance their platforms or their businesses.
What will happen to those career individuals
or entrepreneurs over the next few years?
I think they're gonna mean a lot of trouble.
Really? Yeah.
How big is AI right now?
It's everything.
Everything.
And if an employee or an employer is not using it,
you think they're going to be far behind?
I think they're done.
Really?
Yeah.
I think it's everything the same way
that the internet was everything relative to what came before it.
OK, and like if you recall back in 98, 99, 2000, and you could research this.
There were a lot of doubters that said, this is all BS.
Right.
A lot.
This said this all BS.
Now the internet took a long time to play out, but almost every single
promise that it made has actually come true.
And then some, and then some, almost every single promise and then some,
and then some, and then some.
Uh, so how big then is AI and what do you predict over the next three to
five years that it will do for individuals?
Oh, I think it will be, I mean, I think it's a,
like, complete game changer for individuals
because it's the great, it helps democratize intelligence, right?
And let's be fair.
Uh...
The human intelligence is not fair.
We don't all have the same access.
We don't all have the same ability to learn the same way.
My kids have tutors. Most kids don't.
One-on-one learning.
I saw a study where the number one differentiator for accelerating your level of
knowledge and your success in life is one-on-one learning. Interesting. Right? You know how
expensive that is? Very expensive. I would love every child on earth to have one-on-one learning,
and they can in the very near term with AI, right? They can. I think eventually every single kid in the world
is going to have the ability to get one-on-one learning
with AI.
And it doesn't matter where you live.
If you have access to-
Doesn't matter where you live,
doesn't matter how much money you have,
doesn't like-
Everyone is going to have access to best in class education
in the very near term future, I think.
As long as we have-
If they're willing to apply themselves to learn it
and to be consistent.
You can get it if you want it.
Yeah, exactly.
Okay, so again, it's more a matter of convincing people
that mission do it.
It's leveling the playing field too.
Leveling the playing field,
it's democratizing intelligence
and it's an access to intelligence, right?
And so those people that already went through the cycle and maybe
didn't get the best education.
Maybe they were having to work all through school.
Maybe they didn't get to go to college.
Maybe they now think they have an unfair disadvantage trying to like
get to that next thing that they want to get to in life.
Um, they can utilize AI to craft a better resume,
to communicate better.
They can communicate as well as I can communicate now,
leveraging AI, right?
So it's democratizing all of these things
for humans, which quite honestly is the biggest game changer,
right?
What do you think will be the three biggest skills that we all need to learn over the next three to five years
to master using the tools of AI,
but also to stand out while everyone's gonna be able
to use the same tools and be different
and get ahead of everyone else?
Yeah, I just think you have to be a super resourceful, right?
Like for me, um, I hated college because I self-taught myself
everything that I think Delta needed to know, you know, I was
like, I like to read a lot.
So I was just like, why am I here wasting four years of my life?
And this was pre-internet.
And so it was pretty internet.
And all I was thinking in college
was I could find a book to teach me this, read it,
and be done with this class.
Yeah, you don't need a whole semester to learn this.
I don't need to be sitting through and all this stuff.
I'll just read the book, man.
And then when the internet came out,
I've always been so anti-college, right?
The internet came out, it's like,
it's insane that people are still going to college
for most things.
Yeah, sure, sure.
Now in an AI world, I'm just like,
are we still doing this?
And it's like, you know, it serves a different purpose,
right?
It serves a purpose of networking
and it's a societal experience.
Yeah, yeah.
I mean, I guess if you gotta be a doctor or lawyer
or something like that, you've gotta go
to certain specialized training and skills to develop there.
You can't just AI yourself from being a doctor.
To some extent.
You need hands-on training.
Well, hands-on stuff, sure.
Yeah, that part.
Yeah, but there's a lot of other stuff that you can, AI is going to get you there quicker
too.
So you have to be resourceful, right?
You just can't be afraid.
You just can't be afraid. You just can't be afraid of this stuff. Uh, like I, there's a guy I follow on Tik TOK and I don't even know his name offhand,
but I'll give it to you so you can put them in, you can put them in the, like,
the description and I tell everybody, I know he does a Tik TOK every day.
And it's like 30 to 60 seconds.
And this guy spends, I think 10 to 14 hours a day, deeply researching all the
new AI stuff that came out that day.
And he's like the Mr.
Rogers of AI.
He'll just tell you what you need to know in 60 seconds.
If you're not following this guy, you're insane.
Like I do that with a lot of people, but this is a time just to learn.
It's just a just to learn.
It's just a time to learn.
And by learning has never been easier
because learning could literally be
just watching TikTok videos.
I mean, are you kidding me?
People are doing already.
Are you kidding me?
Yeah, yeah, yeah.
This is what you have to do to be successful in life
is watch a few TikTok videos every day
of people that are gonna do all the hard work
and then just tell you what you need to know to be successful.
You don't even need to figure out just find the people that will help you figure it out
over time.
So you don't have to do the hard work yourself.
You could find the intermediaries who are doing the hard work for you and then just
tell you don't waste 14 hours today.
Here's what I learned.
In 30 seconds.
Here's what you need.
This guy's like, here's how you have to use a prompt on Chat
TPT.
And he'll like, I spent a week figuring out all the prompts.
He's like, here's the 10 best prompts.
Here they are, man.
Just do it.
Yeah, yeah.
You get the best response.
Just learn how to be resourceful.
Yeah, that's interesting.
The people that are resourceful are going to win.
Because what I can't tell you is how the next five years are going to unfold, and I won't
even try.
Because looking back through history, we haven't come even remotely close at predicting how
things like this are going to play out.
I mean, if I go back to 2000,
we thought e-commerce was going to be this company mall.com. And if you went to mall.com,
it was actually like a diagram on the internet of a mall. And like it would have like a square with
Macy's and you click into Macy's and it would like show you some products from Macy's and then
you click out and if you want to go to a different store you would like click on
Foot Locker but it did it through the visual the UI of like a mall. Yeah. We
thought that there was a cut I think they raised a ton of money by the way.
Yeah. This is like bleeding-edge technologist of the time,
probably a bunch of Wharton grads and consultants
that were, you know, BC backed company.
And that's the best they can come up with,
how they were gonna bring e-commerce to the masses.
So I won't even try to pretend to know
how this is gonna play out over the next five or 10 years.
All I know is you just got to stay current.
You've got to stay current because it's changing quickly.
And like, if you could just be one of those kids or adults who are just willing
to stay up with the times and just like stay up with what's happening every day.
That's going to put you in the top 1%.
99% of people are just intimidated by it.
And they're just like, they'll wait for it to come out in the Today Show.
Right.
You know what I'm saying?
If you're going to wait, then you're too late.
You're too late.
If you're going to wait, you're too late.
You don't have to be a technologist to like,
this, you know, they have this whole thing,
vibe coding right now, right?
Which is like all these vibe coding is people are using AI
that know nothing about coding, like me and you.
And they're creating apps and they're creating software
by just talking to it, basically.
Make me this app.
Yeah, literally they're just doing that.
And they're making stuff.
And it's almost like disposable software.
It might do something awesome for like six months,
and then they just kind of throw it away
because now the native AI itself does that same exact thing.
So what I'm saying is that what you can achieve right now is limitless.
And it doesn't matter who you are.
Like the tool sets that you're a perfect example.
Um, you were like one of the very earliest.
Podcasters and I'm going to assume when you got started in like 2012-ish,
you had like some AV background, right?
You had to have, or you were working with people that did,
but you had, but you were working with people that did
and they had to have, it was complicated.
I did it all on my iPhone.
You did?
I did it all on my iPhone, and then eventually
just had like two mics, and it was just audio.
So I kidded as simple as possible.
Then I got into like video and hired someone with the equipment and do that a
couple of years later when I decided to do video before anyone was doing video.
Cause I said, Oh, YouTube's going to be a thing in the future.
Okay.
But you were editing.
I would imagine that I sent it off to an editor cause I didn't know what I was
doing.
Yeah.
That's a lot.
Yeah.
I didn't know how to do it.
No clue.
Pre-tick talk.
That's what you had to do.
Yeah.
Okay.
You are probably pretty ambitious.
You figured it out.
Yeah.
You put the stuff together.
Yeah, exactly.
Then TikTok came out.
Mm-hmm.
Now, anyone with any phone could do whatever they want,
and raw video footage just became the thing.
Yep.
And that completely democratized creativity globally.
So all of a sudden now, when it comes to creativity,
that has been the biggest boom to entertainment
in my lifetime.
Some of the funniest people, some of the smartest people,
the most interesting people on Earth I would not have access to and they
would not really exist except for their family and their best and their buddies if not for
tick tock but tick tock democratized it and it created this bridge to where if you were
funny or if you're if you know how to sing or play an intro like if you do anything that's
cool or interesting,
that's right. I mean, look at all these comedians now.
The comedian world in general has blown up with TikTok
of them just putting up their standup
in front of like 10 people, you know,
trying to struggle for years.
And then boom, it's just taken off
for a lot of these comedians that now have
massive Netflix specials and selling out arenas
and it's just blowing them up.
Correct, but TikTok was limited to people that were either comics or dancers or singers, right?
There's just like entertainers, there's just a small handful of things that TikTok democratized.
So now imagine this, AI is going to do that for everyone else.
And I mean everyone else.
So I don't care what your talent is, what your ambition is,
what you want to do in this world.
AI is going to enable you to do that.
With very little money, with very little access
to anyone or anything, it's going
to enable every human on earth
to reach their maximum potential.
It's gonna democratize humanity.
It's amazing.
It is.
It actually is way more amazing
than anyone is talking about right now.
Wow.
Like I firmly, I don't just believe that, I know that.
That is going to happen.
And I knew that about TikTok with the things
that it was doing and here we are today, right?
So what is the, I mean, you're talking
about being resourceful and I think that's what people
are gonna need to do over the next few years
is really research and be resourceful in their learning
and spotting the trends and being able to know
when to take action because a lot of people
also see so much information on TikTok and spotting the trends and being able to know when to take action because a lot of people also
see so much information on TikTok and this guy or whatever,
all these people saying, here's the newest app today
and the newest thing and the newest tool,
what to look out for and they're all coming.
And it's like, there's so much that's happening at once also
that it can feel overwhelming.
And you guys in your Discord group
are doing a lot of the heavy lifting.
Yeah. What is that group and how can people join or where do they are?
Discords dub money.tv has all of our socials, including the discord. Uh, is that a free
group? Yeah. I, I might be the only financial youtuber that doesn't make any money off of
anything that I do. Like we, we even sell like our merch at our cost.
Like we don't make any money.
If anyone ever asks you for money related to me,
you know it's fake.
Because we don't charge a dime for anything.
We don't even do sponsorship.
So I go crazy.
DumbMoney.tv.
DumbMoney.tv has all the socials.
Okay, cool.
But in the Discord group,
are you guys just sharing, here's the latest stuff, here's what
we're finding, and everyone's sharing ideas?
But you're not saying we're buying this today.
The easiest way to start, honestly, like, Domony Live on YouTube, we literally talk
about this every week.
We talk about the highlights of what we're finding.
But yes, our Discord, it's a re-, there's only one channel in the Discord. It's, it's the research, uh, idea channel, trade channel.
That's the one I hang out in and we're literally just having this conversation.
Wow.
But there's a lot of us.
It's like, dude, there's a hurricane over here.
Who's going to be impacted by it or this new political thing is going to
impact this sector or this company.
Um, the tariffs or whatever it is.
Or it could be there's a new clothing trend or a new makeup trend.
And we just talk about who's going to benefit, who's going to be harmed,
how we're going about it.
And we just help each other. That's all.
But this thing that's happening right now is so big,
but the trap is people are not going to do anything
because they're just going to be so consumed by so much noise.
Yes.
There'll be a tremendous amount of noise and honestly a tremendous amount of cool stuff.
So if you think about TikTok, TikTok itself created so much amazing entertainment that
it's really easy for us just to be consumed by the app as consumers.
And if you're really talented, you have to also create on the app.
Right.
So like, it's really easy to fall in the trap of, wow, look at this new shiny thing.
This is amazing.
I can just live my whole life looking at all these talented people.
Meanwhile, you got a talent too.
Why don't you do both?
You got to take action.
You have to take action. You just have to do something. So AI is the same way.
AI is going to, you know, I always say,
there's this thing called like fan fiction. You know what that is?
Like it's, it's this really cool world where this has been going on forever.
Where, you know, a series ends,
but then people just continue to write scripts and stories
and stuff.
I think it's just so cool.
Now, I don't engage in that world.
I'm too lazy to lead all this stuff.
But god, I have so many TV shows, so many movies,
so many things from the past that are nostalgic to me.
I envision at some point AI is gonna be able
to just continue on with those periods.
Maybe throw me in there as an actor, I don't know.
What I'm saying is the world is about to get nuts
in a very, I'm an optimist, in a very good way.
There'll be some bad stuff too,
but the world is about to open up and anything is about to be possible.
So it will get really easy just to get consumed by all this amazing creativity
and this amazing stuff that's about to happen in the world because of AI.
And I think that is the trap of not realizing that you could
actually be part of that. So, you know, you have to force yourself to create.
You've got something. That's the hardest thing. And by the way, I think you have to be
forced to create something even if no one's watching and it doesn't even
matter. You just got to get, it's kind of like, you just, it's like working out.
You just gotta do it after you do it for like what five weeks, then you're
just, you're just doing it all the time.
So you might create junk every day or every week, and eventually you're
going to figure out what your niche is that you are really passionate about.
And it might be something in your career or your job
that you can kind of bring to your supervisor
and be like, I know how to do this,
and this is going to solve a problem for us.
You have to be part of this ecosystem.
You have to learn how to utilize these tools.
First, you've got to learn what the tools are.
You've got to learn how to use them
and just not be intimidated.
Wow. Chris, this is fascinating. I to use them and just not be intimidating.
Chris, this is fascinating. I feel like we're just getting started, but I want to wrap things up.
I feel like everyone is so down and out because of like everything that's going
on in the world, politics, everyone's fighting. We're on our phones too much.
We're glued to social media.
We can't really do much about a lot of that stuff.
Okay.
But this new thing that's about to happen is going to open up opportunities
for every one of us and you can't just let that go by.
Yeah.
Like there's good, there are good things happening here
with AI, with robotics, that are going to make our lives
way better in a lot of ways if you're open to them.
Would you say now is one of the best times
to start investing if you've never invested before?
It's always the best time to start investing.
Quite honestly, there's never a bad time.
There's an old saying, which is like,
time is the most important piece of investing. It's more important to be early than to be great
at investing because of the compounding effect of your money. And it's never been easier to invest.
All these apps and it's like, it's so easy to invest.
My book, I think I make like, I used to make like 17 cents when my publisher would sell
a book or something, but it's an old book that's laughing at Wall Street.
It's like a fourth grader can read it, but it's like the story of my life and how I started
investing and it's like, you could be life and how I started investing and it's like
You could be a fourth grader and figure it out. Like I explain it that in
Really in a very sound manner. That's great For those that want to go really deep like Jack Schwager's book unknown market wizards the chapter he wrote on my methodology is really cool
What's your guys YouTube channel again, it's dumb money live. And I'm really active on X on that at Chris Camillo.
And this is my entire life is attempting to bridge every human on earth into the
investor class, because it's the only way we're ever going to solve the wealth gap.
And I think it's actually solvable.
Uh, it takes time, but you just have to start someplace and you could
start with like a $10 account, like legitimately start with a $10 account.
You just have to start and like, it's not taking money away from like your
family or your retirement fund.
It's like fine money that you wouldn't ordinarily have in your life.
Think of it as a hundredX and then clip coupons.
Do it ever, do it ever it takes.
Just take, do an odd job, you know, once a month.
And this is separate than your retirement investments.
This is like automate those, optimize those.
I call it the big money account.
I call everybody should have a big money account.
Wealthy people do, but everyone should have an account
where they're willing to invest in risk assets
and make it big over a 10, 20, 30 year period.
But also have an accounts that are long-term investments,
safer, five to 10% of whatever it is.
Of course, of course.
You can't have too many investment accounts.
You just can't.
This is everything.
Like I said, family first.
And then invest.
There's nothing more important in your life that's easy to do.
This is not something that's hard to do.
You don't have to read any books.
Literally just putting money in an account.
I don't even care if you pick the worst investments.
It you're going to kill it over the long term.
Right.
You just have to start and do it and have to believe that you can do it.
Wow.
That's beautiful, man.
And by the way, I'm, I'm actually like, kind of like an idiot.
Like I'm not, I, I like the way, I'm actually kind of like an idiot.
The fact that I've accomplished what I have accomplished
with my money should show any.
If you're in my friend network and you've
been my friend for 30 years, you know
I'm just basically a big idiot.
I'm on TikTok.
If you could make it, I'd be like you.
I'm reading TikTok comments to figure out
what the world is buying and what they're doing. I'm connecting the dots to companies. I'm reading TikTok comments to figure out what the world is buying and what they're
doing. I'm connecting the dots to companies. I'm buying them. Right.
Like, and that's, that's literally all I'm doing.
That's great, man. Chris, I want people to go follow your stuff.
Chris Camillo on X, Dumb Money Live on YouTube.
And then DumbMoney.TV is all the stuff. Cause you know, like for a lot of people,
like they don't want to like sit
through an hour YouTube, we do cuts and we throw them on Tik TOK.
We throw them on Instagram, like whatever your meet, whatever place you're
hanging out at, just subscribe and we'll throw you a little bit, the highlight
clips from all the little things we talk about.
That's it.
I love it, Chris.
I got one final question for you before I ask. Thank you for
sharing all this information because I think people are overwhelmed with trying to navigate
again the economy, the news, the stock market, the terrorists. I think people are just overwhelmed
and living more in fear, emotional fear, and also just kind of like mentally blocked of
not knowing how to take action.
There's so much information, so much noise, too many opportunities, not enough opportunities,
and people just don't act.
And so I appreciate you simplifying and showing us and showing us the possibility of the future
by acting now, we will gain in the future. As long as we continue to have resourcefulness,
as long as we continue to know that when you invest $100,
it could go down to $30 at any moment and be aware
and be able to navigate the emotional range of that.
Because I think that's the biggest thing for a lot of people
who feel stuck and not taking action is they don't want to work hard to put $100 away and then see it go down to 30.
Well, listen, some of the most important things in life are setting proper expectations for relationships, for jobs, for everything in life. It's no different here. You have to have appropriate expectations for the ups and downs of what investing is.
But ultimately for what throughout all of the last hundred years, what it has resulted
in, which is kind of like, we've never, you've never been able to lose in our lifetime as
an investor over the long term, over the long term. So you just stay in it. Maybe that changes, but again, if that changes,
we have way bigger problems to worry about.
Exactly.
The last thing you're gonna be worried about
is your investment account, I promise you, right?
Exactly.
Chris, final question for you.
What is your definition of greatness?
Am I, I don't know.
I guess greatness is just.
I mean, I don't know how having, having a goal, like knowing what you want and
then, and then going for it, right?
That's it.
It just like no regrets.
Yeah.
I think just, you know, like for me, I get so much fulfillment because I know
what I'm, what I want and I'm going for it.
Right.
And I don't even care.
I don't care how it ends up.
Right.
But like, you just, you just have to, as long as you're living your life,
doing what you want to do, ultimately do.
Right.
With, with no regrets.
Like I always say, like I have everything that I want.
I don't want anything more, except that that's personal for me.
Everything I do for me is for my foundation, which benefits, uh, pediatric
care, so I'm focused on leukemia my foundation, which benefits, uh, pediatric care.
So I'm focused on leukemia, cancer, autism, and animal welfare.
And I think I'm going to add elder care.
Yeah.
My foundation.
Interesting.
Um, but everything I'm doing is for that.
So like that's my objective in life.
And that's why I'm still trading as aggressively
as I am, cause I'm trying to build that to a
billion dollar foundation.
Wow.
So no matter how it ends up, I know what I want out of life,
and I'm treading towards it.
No, that's cool.
No regrets.
And without being afraid.
Because we're all gone soon anyway, right? So just have a
mission. Figure out what your mission is. And as long as you
figure out what that mission is and you start moving towards it,
like, you're pretty fulfilled, I think.
Yeah.
Because you don't have the regrets.
That's it.
Regrets are what kill us, right?
That's it. Yeah. Chris, thanks for being a man.
I appreciate it, man.
Thank you.
I have a brand new book called Make Money Easy.
And if you're looking to create more financial freedom in your life, you want abundance in
your life, and you want to stop making money hard in your life, but you want to make it
easier, you want to make it flow, you want to feel abundant, then make sure to go to MakeMoneyEasyBook.com right now and get yourself a copy.
I really think this is going to help you transform your relationship with money this moment moving forward.
I hope you enjoyed today's episode and it inspired you on your journey towards greatness.
Make sure to check out the show notes in the description for a full rundown of today's
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["Dreams of a New World"]