Hello my YouTube friends this is Richard
founder of STRU and Airbnb super host today’s Monday
motivation is prompted by something that I said on a YouTube video not too long
ago which then caused a lot of like questions and interest and so on on our
Facebook group and so I want to respond to that here in the YouTube video on
Mondays motivation which is to trust your gut so let’s get to the story so I
said something about Bitcoin on YouTube channel also since these insta stories
are being turned into YouTube videos for my personal journal I’m gonna document
here that my laughably small initial position on Bitcoin is up like 6 percent
overnight in like five six hours which is not sustainable so I have a very
laughably small position and I got long at two thousand six hundred and forty
dollars and I think it’s trading about 2800 this morning just five hours later
I’ve been trading it I know it’s all the rage right now and you’re probably like
you know done with it fine doesn’t matter it’s not about Bitcoin but the
point is in the Facebook group somebody said well you know what Warren Buffett
doesn’t like Bitcoin and that was sort of like the statement how can anybody
like it if Warren Buffett doesn’t really like it now before you guys go out and
flame me and tell me that I’m no Warren Buffett let me go on public record say
I’m not Warren Buffett and I’m no Warren Buffett but that’s okay I still have my
opinions I still have my thoughts I know how to value them and by the way I have
a risk approach towards investing that allows me to take small calculated bets
whether Warren Buffett likes them or not and whether this guy likes them or not
and I listen to all that I make a decision and then I can take small
calculated risks and I learn and I pay close attention and so too should you
now I want to just go on the record as saying I’m a huge Warren Buffett fan
I’ve been to his legendary investment conference in Omaha twice including the
50th anniversary which was amazing I wanted to bring my kids there so I’m a
huge investor in Berkshire Hathaway and have been for over a decade so I think
he knows the world about a lot of things but technology investing is not really
his thing in fact he recently hired maybe about five six years ago two
different investment managers they hire they invested in a lot of his stock
picks right now and they were the first people to really bring Warren to the
technology investing side he invested in Apple after Apple was one of the world’s
largest companies and they’ve done fabulously well it’s been a great
investment but that’s not the guy that I’m gonna go listen to for like an
innovative disruptive technological blockchain solution he’s just not he’s
entitled to his opinion so as everyone else many smart people
are thinking it’s a bubble and they may well be right but that doesn’t stop me
from thinking about it myself drawing my own conclusions and having a careful
strategy towards like investing and learning about it and that’s the point
of the entire video is listen to all the Guru’s listen to all the people that you
can learn as much as you possibly can do all your homework do all your due
diligence and then at the end of the day know yourself be self-reliant value your
own opinion at least as much as everyone else’s and then make a decision by the
way I’m not exempt I’m not immune so I might be speaking to this YouTube
audience and I really appreciate your time and energy but question me just
because I think something doesn’t mean it’s like a given it might be a good
place to start you may want to try and test it play with it and then modify it
for yourself or you could outright disagree with me that’s what makes a
market two of sides to every market buyers and sellers the same exact moment
that’s the clearing price more sellers and buyers prices go down more buyers
and sellers prices go up just because this guy thinks something is true
question me with that I hope you’ve enjoyed this go ahead and like and
comment below and if you haven’t subscribed to the YouTube channel this
guru says do it do it do it