Valuetainment - August 31, 2020


Most Dangerous Month in 2020 & How to Prepare For It


Episode Stats


Length

6 minutes

Words per minute

200.21739

Word count

1,228

Sentence count

88

Harmful content

Toxicity

1

sentences flagged


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

October could potentially be the most dangerous month of 2020. Why? Because it's a month before election day. Why is it so dangerous? Why should you be worried about it? What can you do to be prepared?

Transcript

Transcript generated with Whisper (turbo).
Toxicity classifications generated with s-nlp/roberta_toxicity_classifier .
00:00:00.000 October could potentially be the most dangerous month of 2020, and here's why.
00:00:05.060 I think at this point, again, we all know that this has been a very weird year.
00:00:07.820 From pandemic, you know, coronavirus, COVID, China, Wuhan, you know, shutting down, unemployed, 55 million,
00:00:14.960 wanting to get checks, stimulus, BLM, George Floyd, NBA, I mean, I can go on and on and on and on and on.
00:00:23.940 All of this is happening during election year.
00:00:27.560 So why could October be the worst month of the year?
00:00:29.540 Because it's a month before election.
00:00:32.240 Now, remember, this is all speculation.
00:00:34.340 I don't have the data.
00:00:35.760 I don't have the inside information.
00:00:37.140 People send me some random emails saying protesting is going to be the ugliest it's ever been in the month of October.
00:00:43.420 But that's a lot of speculation.
00:00:44.840 No one's giving it based on any specific data.
00:00:47.020 There's going to be militia.
00:00:47.880 There's going to be this.
00:00:48.680 I'm not trying to scare you.
00:00:50.160 This is all I'm saying.
00:00:51.320 My style of doing business and doing life is anticipation.
00:00:55.540 And anticipation doesn't mean 100% of crisis is going to take place.
00:01:00.560 Anticipation simply means you prepare in case a crisis takes place.
00:01:04.860 But let's, you and I, say we have a book, the newspaper, on October 20th of 2020.
00:01:13.140 And we can read the news and find out exactly what happens every single day of the month of October 20th.
00:01:18.980 And we know it's going to be the most dangerous month of the year, protesting, division, divisiveness, Biden, Trump, Pence, Kamala, Democrats, Republicans, media, hashing, going crazy.
00:01:30.320 One side doesn't want to see Biden president.
00:01:31.900 One side doesn't want to see Trump become president. 0.74
00:01:33.580 And they're going nuts.
00:01:34.720 How wild do you think it's going to be?
00:01:36.280 It's going to be pretty intense.
00:01:37.740 Let's say it's going to get ugly.
00:01:39.220 How are you going to protect yourself?
00:01:40.540 And is there an opportunity there for you?
00:01:42.680 There's a couple ways I want you to look at it.
00:01:44.060 Number one, let's look at it from ourselves, from you.
00:01:46.960 How can you protect you?
00:01:47.900 Everything with protection has to be the following.
00:01:50.520 Number one, if you've got a family, you've got to make sure you protect yourself.
00:01:54.340 Meaning, your kids cannot go play by themselves without an adult.
00:01:58.440 Number two, if you've got a baby, two-year-old, never have an adult go to a park with your two-year-old or four-year-old, just in case.
00:02:06.440 You never know.
00:02:06.980 It's just protecting yourself.
00:02:08.400 Always have two adults going, not one.
00:02:10.740 You've got two kids going with one adult.
00:02:12.480 These two kids are four-years-old, five-years-old, six-years-old, in the park playing with one adult.
00:02:16.360 You need two adults.
00:02:17.060 Some happens, you've got protection, because there's two to catch them, right, if something were to take place.
00:02:21.760 Another one, maybe it's time for you to get some kind of protection for your house.
00:02:25.180 I don't know.
00:02:25.520 Go buy a gun.
00:02:26.560 Go buy something for you to feel protected.
00:02:28.140 And probably in the month of September, once you get your license, go to a range and take your wife and husband and go shoot a little bit and get a feel for it, just to protect your family and your household.
00:02:36.340 I remember one time when my car got broken into right in front of my house, and I had a newborn baby, and we were living in Northridge, California, off of Encino Boulevard in a nice-looking house.
00:02:46.860 It was supposed to be a nice community.
00:02:48.500 It was a Range Rover they broke into.
00:02:50.020 They took everything out of it.
00:02:51.480 I bought a gun the next day, and I moved into a gated community the next month, like this, because I work in anticipation.
00:02:57.640 What else can you do if you run a business?
00:02:59.600 Maybe you can get some kind of an insurance to protect your business.
00:03:02.100 Maybe you can get security.
00:03:03.440 For the month of October, even if it's four weeks, even if it costs you $100 a day just to get security there at a time that's maybe later.
00:03:10.060 Maybe it's $50 a day you hire somebody to be there for your security.
00:03:13.160 You could do those things to protect yourself, right?
00:03:16.040 Those are things you can do.
00:03:17.420 And on top of that, I probably wouldn't be making any kind of major purchases right now.
00:03:22.600 I'd be staying liquid.
00:03:23.660 I'd be staying cash.
00:03:24.900 I'm not going nuts.
00:03:25.880 This, again, is in case that takes place.
00:03:29.360 Now, let me give you the other side.
00:03:31.260 If I'm explaining to you this, that October could be a random weird month, and let's say it does end up becoming a random weird month,
00:03:37.920 how can your business or whatever you do professionally help me as a customer?
00:03:42.240 So think about that.
00:03:43.220 What do you do?
00:03:44.100 If it's insurance, talk to me about your insurance product.
00:03:46.820 If it's real estate, talk to me about getting some kind of protection for myself.
00:03:50.360 If it's anything to do that you can make my life better in the month of October, go speak to your customers about it.
00:03:57.440 And again, it's not factual.
00:03:59.280 It's not 100%.
00:04:00.720 All of this is, just like a hedge fund or an investor or money manager assistant who looks at all the different trends and says,
00:04:07.560 let me see, where is gold going to be going?
00:04:09.920 My name is Warren Buffett.
00:04:11.000 Let's go out there and buy gold or $561 million in gold.
00:04:14.840 And let me go buy some Apple stock at $40 billion, and it goes to $122 billion.
00:04:20.180 Or if I'm Warren Buffett, why don't we have $147 billion in cash at Berkshire Hathaway?
00:04:25.800 Why?
00:04:26.720 Because he probably is studying the trends that he's seen the last six years,
00:04:31.180 and he's thinking there's going to be some opportunities coming along the next six months that he's staying cash.
00:04:35.600 Why is he doing that?
00:04:36.820 It's all anticipation.
00:04:38.540 He's not someone that's Nostradamus.
00:04:40.320 He can't predict the future.
00:04:41.620 It's purely odds.
00:04:42.580 And I'm simply saying, I don't want you to go around saying, Pat, saying October is going to be the end of the world.
00:04:47.360 I'm just speculating.
00:04:49.260 Remember, I'm speculating, and off of speculation, I'm preparing and challenging you to anticipate if something were to happen,
00:04:58.100 how could you protect yourself and your family, and how could you protect your clients and those who are looking to take advantage of the services you offer?
00:05:06.680 So having said that, I don't want you to get scared.
00:05:09.520 I don't want you to panic.
00:05:10.620 I don't want you to be biting your nails.
00:05:12.040 I don't want you to be biting your nails.
00:05:13.020 I don't want you to be biting your nails.
00:05:13.140 I don't want you to be biting your nails.
00:05:13.760 I don't want you to say this.
00:05:14.040 I don't want you to go watch this video, and it talks about wartime leadership during coronavirus.
00:05:18.360 If you've not watched it, you also have to realize all this wealth that's being made during coronavirus
00:05:23.120 is because some people are treating themselves as a leader, as a wartime leader, and people want to follow them.
00:05:29.960 So if you do that, watch this video, then go watch this video, and you make the right moves,
00:05:34.260 people are going to follow you as well.
00:05:35.680 Having said that, have a wonderful week this week.
00:05:38.020 We'll be right back.