[0:00]Seven of the most powerful people in the world at the moment. Come out and basically admit the rules based system is dead. We would now live in a world without borders where everyone became a citizen of the world. This was a foolish idea that ignored both human nature and it ignored the lessons of over 5000 years of recorded human history. This is what people need to understand. Super isn't something you can set and forget anymore. Because 60% of it is in stocks, mostly American stocks, the Mag 7. They may not be experiencing the growth of experience over the last couple of years. What is not owned in your superannuation is mining and commodities producers. That is where the rotation is going to go. As these Mag 7 companies get rerated, their historic high profit margins are going to come down. On the flip side, commodities producers that are pulling stuff out of the ground, as the commodities are coming out of the ground, double in price like gold has, their profit margins are going to go up. Mining companies now have the potential to be the new software companies in terms of profit margins. Because in this new system, energy is power. Commodities are power. This war, this power flex is not ending. This is just starting. This is going to continue for the next 10, 15 years. I'm also going to give you from this podcast 10 investment moves, the lazy man's portfolio, 100 year portfolio. Capital flows to where it is treated best, and the goal is to be part of the neutral countries.
[1:47]You have recently seen seven of the most powerful people in the world at the moment. Obviously, have Xi and Putin that are not on that list, but I've been championing something similar for a long time. Come out and basically admit that fact. You've had Ray Dalio dropping videos and articles on exactly why the rules based system is dead. I'm going to go through the important things that have happened in the last two to three weeks and what has been said. But first, I'm going to play some videos that explain exactly why the time is now for this system to be disbanded and come apart. And why something new is going to be replaced it, what that something new is and what we need to understand as individuals, what the most important, the 10 most important investment themes that we need to understand and how we can actually benefit from it, rather than be impacted by it. Last week, if you haven't seen it, I dropped the episode on the unrealized capital gains tax in Netherlands. That episode just dropped this morning and it is flying. We are got so many comments and views so far. It is something that is hitting a nerve. Capital repatriation, taxing the rich, unrealized gains tax is all part of the bigger picture of what is happening now. It's a small part, but it's a part that is in, it is exactly in direct response to this system breaking apart like it is now, because countries now need to start looking after themselves. The debt that countries have run up is no longer sustainable, okay? And so you're going to see more and more of this. This is the time to be paying attention because in order to be sovereign, in order to be a sovereign operator, in order to have mobility, in order to outlast this change that is happening now, you need to protect and preserve your wealth. So, why is this happening? I'm going to play a couple of short videos that set the scene and explain it and then I'm going to go into what the seven leaders have said recently. The NATO Alliance is very safe, sound and thanks to President Trump, it's never been more secure. When President Trump came in in his first term, the European countries and Canada were not meeting their uh spending quotas as a percentage of GDP. Now they are, they got a lot of catch up to do and Maria, to put in perspective, United States of America since 1980 has contributed 22 trillion more dollars are spent, 22 trillion more dollars on defense than all of NATO. So roughly the same size population and we have spent 22 trillion more. That is two thirds of our outstanding government debt. Europeans have been spending the money on social welfare on roads, on education and it's time for them to pay more, which they they've agreed to do. Yeah, many of them have already stepped up like Poland. everyone has except Spain. There you have it guys, from Scott Beson, he alluded to the fact that the war spend is two thirds of their outstanding debt. Make no mistake, the reason that we are here now is because the debt has gotten to a level that is unsustainable. But when America knows that they can continue to raise debt and go to war and win, they will keep playing that game and that playbook. The thing that has changed now and the Americans have learned from the war in Ukraine is they cannot outproduce the Russians and the Chinese. The Russians outproduced the Americans or the Ukrainians in the proxy war four to one. They outproduced NATO, shells, artillery, etcetera. The Chinese control 90 to 95% of the world's rare earth refinery. These metals are not rare, they are everywhere in the ground. What is rare is the refining process that is basically only happening in China. China has sacrificed so much in order to become and get at the forefront of this. Now they can withhold those metals whenever they want. If they can withhold those metals, the Americans can no longer go to war as a justification to print money. So this has all come home to roost by countries like China and Russia who have been playing the long game, not like the American presidents, all of them from both parties who continue to play the short game. The Trump Administration realizes this and they and now the ones calling for this change, this change that Putin and Xi have been calling for. And today I'm going to talk to you about why that impacts Australians and how we can benefit from it as well. Listen to what Ray Dalio has to say about what is currently occurring. There's winners of wars, losers of wars and neutral countries. The winners of wars lose they lose because they get themselves deeply in debt financially. But the losers of the wars get wiped out, everything changes and they lose control. Those who do the best of the neutral countries, they actually profit from the wars. This is what is happening, the winners of wars, the Americans are the ones that lose because of the dynamics that we keep talking about. The winners of wars, the winners of wars lose. Then the losers get completely wiped out. We're now look, we're now the question has to be asked is the US going to get completely wiped out. Can they still win? Make no mistake, there's a war that's going on with AI at the moment. That is a technology war, that is a war to control everything that we are talking about today. That is the war that is happening at the moment. Okay? And the thing that Ray Dalio says, it's the neutral countries that win. And the goal is to be part of the neutral countries. Australia is caught in the middle. We're going to talk about it today. We're going to talk about the good, we're going to talk about the bad and we're going to talk about what every investor needs to be considering to try and remain part of the neutral. Here from Marco Rubio, he's probably the most, this was the most viral and most shared clip and this is the one that got most people's attention about the change in what's about to occur. But the euphoria of this triumph led us to a dangerous delusion.
[8:42]That we had entered quote the end of history that every nation would now be a liberal democracy that the ties formed by trade and by commerce alone would now replace nationhood. That the rules based global order in overuse term would now replace the national interest and that we would now live in a world without borders where everyone became a citizen of the world. This was a foolish idea that ignored both human nature and it ignored the lessons of over 5000 years of recorded human history. And it has cost us dearly. In this delusion, we embrace a dogmatic vision of free and unfettered trade, even as some nations protected their economies and subsidized their uh companies to systematically undercut ours. Shuttering our plants. referring to China. and large parts of our societies being de-industrialized. Shipping millions of working and middle class jobs overseas and handing control of our critical supply chains to both adversaries and rivals. Let let me let me be clear, China did exactly what anyone would do in their situation. They have played it smartly. The Americans have the ones that have fumbled. And Marco Rubio is pointing this out. We increasingly outsourced our sovereignty to international institutions while many nations invested in massive welfare states at the cost of maintaining the ability to defend themselves. This even as other countries have invested in the most rapid military build up in all of human history and have not hesitated to use hard power to pursue their own interests. To appease a climate cult, Russia. We have imposed energy policies on ourselves that are impoverishing our people. This one kills me because this is something that we're doing in Australia and we're hurting ourselves and we're hurting our citizens, we're hurting our sovereignty and we're hurting our, we're hurting the ability to protect ourselves and our nation. Even as our competitors exploit oil and coal and natural gas and anything else, not just to power their economies, but to use as leverage against our own. And in a pursuit of a world without borders, we opened our doors to an unprecedented wave of mass migration that threatens the cohesion of our societies, the continuity of our culture and the future of our people. Bingo. We made these mistakes together and now together we owe it to our people to face those facts and to move forward, to rebuild. Under President Trump, the United States of America will once again take on the task of renewal and restoration, driven by a vision of a future as proud, as sovereign and as vital as our civilization's past. Sovereign. It's a buzzword, isn't it? Very important. And while we are prepared, if necessary, to do this alone, it is our preference and it is our hope to do this together with you, our friends here in Europe. For the United States and Europe, we belong together. America was founded 250 years ago, but the roots began here on this continent long before. You can see what is happening, guys. You can see what is happening. And now we need to discuss the implications, we need to discuss what that means. Before we get into that, we've heard from Scott Bessent, we've heard from Trump. The Trump tariffs aren't just a way for him to piss people off. They're a way for him to get the Europeans, they're a way for him to you notice how all the tariffs are mainly targeted at the US's allies. It's to get them to come to the party. That's what he's been trying to do for the last few years and in his first term, he's been trying to get them to come to the party. And now finally, he wasn't able to do it in his first term, but now finally, he's getting the Europeans to start saying the right things. This is what people need to understand. This is what the tariffs are for. It is to push nations to join this fight that Marco Rubio just spoke about. Uh, you he jump focuses on energy, right? And we're going to talk about why energy is so important. We're going to open plants, not close them. We're going to drill, drill, drill, baby, because oil is the one thing that the Americans can control. If they can starve China of oil, if they can control the oil is in abundance. America doesn't need the oil. What America needs to do is to starve its competitors of oil, okay? That is the game plan. That is the play with Venezuela, that is the play with Iran. Okay? Because if we, that is the leverage point over the East, okay? Being able to starve them of oil. That is the most important thing. Jameson Greer, this is probably the most underappreciated speech at Davos. Basically spoke about how history has been littered with examples of tariffs and trade that has been implemented and copied by China and and Japan and even Victoria has had tariffs in and that's why we had the largest car industry in the country. Right? Tariffs are throughout history. They are commonplace. They are not rare. They have only been rare, the lack of them has been rare over the last 50 years under the system that you've just been explained, right? This system that was supposed to be free for everyone, but countries don't play that way, okay? Countries countries that think long term serve their own interests, as they should. We spoke about Rubio. Now, the important ones, the guys from Europe starting to toe the line. This order no longer exists. We have crossed the threshold into an era once again openly characterized by power and great power politics. Emmanuel Macron, Europe has to become a geopolitical power derisking vis-a-vis all the big powers. Right? This is now at a tipping point. And Ray Dalio, it's official, the world has broken down. Warned the world is on the brink of a capital war, that was what we spoke about last week. One of the things that shows you and tells you we're in a capital war is when you start seeing capital controls, financial repression, unrealized gains tax being passed. These are part of the government's playbook under this new system that we're going into, and most people don't have an adequate amount of gold in their portfolio. So, what was the rules-based order and why should you care? another little definition. After World War II, the winning countries, mainly the US, set up a system. Think of it like the rules of a board game. Everyone agreed to play by them. Free trade, open borders for money. The US dollar at the center. Organizations like the UN, the World Trade Organization, NATO, and the IMF were the referees. The deal was America provides security, the military umbrella, keeps the shipping lanes open, and lets everyone sell their stuff into the American market. In return, everyone uses the US dollar and follows the rules. Australia rode this wave perfectly. We dug stuff out of the ground, sold it to Asia, especially China, and got rich.
[16:17]Our super funds invested in US tech stocks. Our property market boomed because global capital could flow freely. The Aussie dollar was strong because commodities were in demand. This is important point, because when I come back to this. people coming to Australia, Chinese, etcetera. The Aussie dollar was strong because commodities were in demand. This system wasn't natural law. It was a deal and deals can end. and as I've discussed those deals are ending. And we are going to explain why that is relevant especially for Australians. Guys, just just a quick one actually. With relation to the slides of the podcast, if you want the slides of this podcast today, because I'm going to the the the 10 things, the 10 investment moves are cracker slides that I've um created with Gemini. If you want the slides to the podcast, um please email me at hello@blackbookoffshore.com. Hello@blackbookoffshore and just say that you want the slides to this episode. Uh rules-based order is dead episode, please send me the slides and I will email you the slides to this episode, because I think they're one this is an episode that you need to go back and watch again. And I think you should read all these slides in detail. Now, importantly, why does this matter for Australia? Well, we're in the middle of it. We've got mining stocks, property credit, we've got both countries, China and the US that are interested in our mining. Australia, the world cares a lot about what's in our ground. Okay? This is very important theme. Commodities are going to be a huge part of my investment allocation moving forward. But the main thing that listeners need to be aware of because I guarantee that most listeners that are watching this show, the majority of their net worth is either in their property, their principal place of residence, or their superannuation. And your super isn't something you can set and forget anymore, because 60% of it is in stocks, mostly American stocks. The stocks that you're invested in are those Mag 7 stocks. Okay? And they may not be experiencing the growth of experience over the last couple of years, because what are Mag 7 companies doing? They're now starting to invest like oil and energy companies used to. They're going into asset heavy businesses. If they have to go into asset heavy and build assets, they their valuations need to get rerated. If their valuation needs to get rerated, their valuations need to come down. That's going to affect your superannuation. What is not owned in your superannuation is mining and commodities producers. Okay? And that is where the rotation is going to go, because what you are going to see is, listen to this carefully, as these Mag 7 companies get rerated, their profit margins, their historic high profit margins are going to come down, because of all the capital expenditure into hard assets. Their profit margins are going to come down. On the flip side, you've got the commodities producers and this is my major bull thesis for commodities producers. The commodities producers that are pulling stuff out of the ground, as the commodities are coming out of the ground, double in price like gold has, like copper is going through silver or triple in price, without them having to spend any more money or mine anything more than what they're currently mining at a at a Kgar. Their profit margins are going to go up. Mining companies now have the potential to be the new software companies in terms of profit margins. You're seeing mining companies that are not increasing their mining output, but their multiples are increasing, their profit margins are increasing because the price of the commodity is going up. Because in this new system, energy is power, commodities are power. Being able to control energy, commodities and production, manufacturing is power. That's the system we're moving back to. So these commodity producers are about to rerated, guys. And this is going to be a 10 year thing. This this war, this power flex is not ending. This is just starting. This is going to continue for the next 10, 15 years. So we're only just getting started with this shift, okay? And your super and the 60 40 portfolio has that biggest risk of getting debased. It might not go down, but it will not perform as well as gold and commodities over the next 10 years. What are the 10 investment moves? And guys, again, I think these slides are incredible. They were created, I gave uh Gemini's nano banana the information and I asked her to put it into an infographic for you guys watching at home. And they these are incredible and it gave me basically 10 in we we I summarized the 10 investment moves and I put them into slides. I think these are awesome. Again, if you want the slides, hello@blackbookoffshore.com and I will send you the slides. Investment priority or investment change, investment moves, the 10 things we need to be focused on. And you may not be focused on all of these, right? You may pick one or two, but what I'm giving you here is a playbook to allow you to sufficiently diversify so that you're not at risk by having all your eggs in one basket. Having all your eggs in gold or having all your eggs in Bitcoin, or having all your eggs in Australian property, I do not think is the solution, because we're moving into a period that is going to be extremely volatile. Yes, I think gold is going to be 25,000 potentially over 10 years, but that doesn't mean that we won't have 50% drawdowns along the way. You get in it, gold at 5,000, it drops to back to two and a half. You know, this is what happened in the 70s. That is going to hurt a lot of people if you go all in. Now, I do not necessarily think is the time to go all in on any one asset, but it is time to go all in on your education on what is going on. So you can make informed, diversified decisions. So I'm going to give you the 10 things that you should be aware of and focused on and then it'll be up to you to decide how you allocate your capital, how you preserve your capital and how you maintain your mobility and increase your mobility. How you become sovereign, how you become a sovereign operator, an individual who can move through this time flexibly to the places that you need to go. Because something that has been said recently is that a lot of countries are screwed. It's not like there's going to be one place who um outlasts them all, that everyone's going to go through periods where, you know, they they may be affected. Right? No one will be immune, but there will be countries that will be more neutral. You know, countries like Switzerland have always been more neutral, because major gold refiner, right? Countries like Dubai and the UAE are pitching themselves to be neutral. Where else in the world is going to be neutral, but regardless of that, you need to have the ability to move. So I'm going to take you through the 10 investment moves or the 10 investment themes. These are designed for the active investor, the one who wants to spread their capital smartly, the one who wants to be sovereign. But it at the end of these things, I'm also going to give you the lazy man's portfolio. The set and forget 100 year portfolio that you can uh rebalance quarterly, annually, every six months. I'm going to give you the lazy man's version of this as well at the end. But these here are for those who take, who want and have a genuine interest in this and want to outper outperform and maximize their wealth and their investment as quickly as possible.
[25:47]So this is the full playbook and at the end I'll give you the lazy man's. So number one investment theme or thing to consider move is spread your wealth across borders, international brokerage, assets in multiple jurisdictions is harder to trap. Property still matters, but where will change changes everything, like I've just discussed. Are you looking for the best capital growth? Are you looking for a place where you just won't be taxed or debased? Are you looking for yield return? Are you looking for a place that allows you a second uh a plan B, a place to get up and move? All right? You need to be considering where much more. Focus on strategic locations, reshoring hubs, defense, energy, regional cities or global neutral hubs, we've discussed. Avoid speculative CBDs based on the old models. Own gold.
[27:12]Now, this could be a mix of gold, Bitcoin, uh, but to have zero gold, I think in these times, as you've seen with Bitcoin, gold has doubled over the last year and Bitcoin has halved. It's no longer possible with this new system to just ignore gold and commodities and say I'm going to go all in on Bitcoin. Because there are going to be times where Bitcoin is going to get hammered like it is now. I feel that certain things need to happen for Bitcoin to continue its run in this new regime. I won't talk about them today. I will talk about them in future episodes. I'm still allocating and dollar cost averaging into Bitcoin. I think Bitcoin was built for the environment we're going into, but there's still a few more boxes that need to be checked, but I think before Bitcoin takes its next run. So consider gold. At the moment, I don't own gold. I missed the run up from 2,500 to 5,000. I wanted to buy a pullback around 4,600 to 4,800. It never got there, now it's 5,200 again. But I do have Aussie gold miners. Gold miners on the ASX, they're like a leveraged play on gold. Okay? So I do have exposure to it for the reasons I explained before.
[28:53]The 60 portfolio is dead. Get out of long-duration bonds. This is the one thing that you just don't want to be in and people will say, well, I don't own bonds. Most people say I don't own bonds, but the 40% of your portfolio that is underperforming and has been underperforming the major indexes over the last three to five years are in bonds. That's why you're underperforming. You need to understand this. Okay? Diversification now means geography, not just asset class. If you like I spoke about earlier, the Mag 7 are such a huge part of US stocks. If you own US stocks, you own the Mag 7. The Mag 7 is not the place I think we need to be, especially over the next year. You need to understand this and how to diversify not just asset classes, but geography. Number three, yes, still own Bitcoin. Uh, I'm not going to go into detail about it today. I've spoken about Bitcoin enough. In future episodes when time's right, I will. There will be a point where Bitcoin will probably outperform everything I'm discussing today, but it's not yet. But start maintain your dollar cost average and I'll let you know when I'm backing up the truck. What's up guys, interrupting the video for just a minute. If you need to buy your Bitcoin, if you need to DCA into your Bitcoin, I'm going to show you the company that I use. A Melbourne-based brokerage service. I get one to one service. I speak to a guy old fashioned on the phone when I want to place my orders, set my limits, etcetera. They'll set up your account in one day, trust, self-managed super fund, individual, doesn't matter. When I back up the truck, this is who I'll be using and where I'll be buying my Bitcoin. So, go to stormrake.com/MDP. Mention me, get your free consultation, speak to a broker, get set up. This is how I'm buying it when I'm buying it.
[31:43]Get exposure to the US reindustrialization boom. This is off the back of energy. This is off the back of the reshoring wave. All these countries now saying we need to reshoring own our own backyard. We cannot rely on other countries to defend us. We need to make sure that we have the supply chain and the capacity within our own countries. You know, as part of this industrial, uh, reindustrialization boom, we've spoken about AI. We've spoken about the 85 to 125 trillion dollar build out and energy is the base layer of this AI build out. Okay? Energy companies is something that I'm getting really interested in. I've started building positions in. I do still think we might have a small pullback if the Iran noise goes away, or if there's some kind of deal struck in the interim, but energy is something that you also want to have an eye on long term. Not just in the US. I mean, I prefer at the moment, I mean, Exxon Mobile, great company, look into it. But at the moment, I'm owning the Australian energy companies, Woodside and Santos. I'm also looking at Brazil because I think Brazil energy companies are well placed for this new regime. Own physical scarcity. I've spoken about this before. I spoke about this earlier. If the commodity goes up in price, 1X, 2X, 3X, then the margins of the producers go up. So my preference here is not to own the commodity itself because they're very volatile. My preference is to own the producer of the commodity. Things like BHP, things like Rio Tinto, things like South 32, all things that uh a mining and producing the commodity, right? A lot of people don't realize but BHP and Rio have huge access to copper deposits. Copper is going to be essential, as you can see in this story moving forward. Watch European defense, it's in a super cycle. I don't really invest in defense, but it's something to keep an eye on because potentially Europe is going to outperform the US stock market over the next 5 to 10 years if this goes the way that I think it will. Reduce your single currency risk. This is important. Do not bet on one currency.
[34:41]For the last five years, from 2019 to 2025, I was buying goods from China, investing in goods, sending them to the US and selling them into the US. I was making US dollars and I was stockpiling my US dollars. I was not converting that back into AUD because the US was rising versus all other currencies. Now it is declining. Now the US dollar is declining in its currencies. The AUD is rising mainly off the back of commodities rising, but I still don't want to have all my currency exposure in one currency. I want to be spreading that either through countries, through property markets around the world, or through assets denominated in other countries, for example, Brazilian uh energy companies. If Brazil's currency rises verse everyone else's currency, and commodities rise, and the commodity producer rises, I'm getting a triple threat. I'm getting triple rises versus my home currency. Commodity's going up, the producers going up and the currency's going up. So right, if the stock goes up 20%, my gain versus my home currency might actually be 30 or 40%, right? And so it's important to uh reduce your single currency risk, especially in the times we're moving into. Hold cash. This can be in different currencies or your home currency, wherever it is, not as laziness, but as a weapon. In this environment that we're in, you always want to have cash. You never want to be fully allocated. I'm holding some of the largest cash piles that I've held in years. It is to invest in these opportunities that I'm discussing today. Cash is going to be super important. It is optionality for the next panic. I've got on record of saying I think we're going to see a 20% decline in the US stock market this year and indices in general. You want to be ready to buy the that dip in certain things. Cash is optionality. You can earn money while you wait. So gold, I consider a currency, it's also kind of like having money in cash. T-bills, you can have money in high interest bearing ETFs, like in Australia, the triple A ETF is a high interest bearing ETF. Okay? You want to be the buyer, not the seller in panic. Own the physical layer of AI. I've spoken about this. This ties into the whole energy play. This is where you want to own the infrastructure, the toll roads, not the traffic. You do not want to be uh, you do not want to be leveraged or exposed to things like anthropic and the LLM's. You don't want to be exposed to the models. You want to be exposed to the toll roads, the picks and shovels, the power, the data, the logistics, the cool commodities. Okay? You want to be collecting the tolls. You don't want to be at. You don't want to be invested in things that are depreciating that there's going to have huge deflation. Look at how good your LLM's are now versus when you first started using them. The price hasn't gone up, but they've gotten infinitely better. That is deflation. Right? The cost of what these guys are producing is going down. Anthropic has become the number one model and their profit margins are dropping. These guys are in a reflexive loop that they can't get out of. They need to keep spending now to win, and you don't want to be exposed to that. You don't want to be exposed to SAS software companies, okay? Because again, that the price of SAS is just coming down so quick.
[39:35]You want to build multiple streams of income, businesses, side hustle, investments, royalties. You want to be a sovereign operator. You want resilience across industries. You want resilience across geographies. I think I'm making that point clear. You want to build a system, not a prediction. Okay? You want not to make or rely on making your money because you predict gold is going to go up, or because you predict Bitcoin is going to go up. That's prediction. You want to build a system that allows you to have optionality, to have liquid cash, to have income been generated, and to have geographic spread. The best portfolios for genuine uncertainty have optionality, assets that work across multiple scenarios and systematic rules to survive and thrive. I'm going to go into more detail on the nuts and bolts of this kind of stuff. There'll be more medium episodes, but I'm going to talk about the things that I'm doing because I think it's important. One of the things, one of the things that I'm bringing people in on is the fact that me and my crew are looking to invest in Dubai. We're looking for the open optionality of having places that we can go and set up residency and set up corporations. And we also like the capital growth opportunities that are there. So if I'm going to go there, if we're going to go there and we're going to look at these regions for ourselves, we are going to also bring that to you guys as well. We're going to try and bring you in on these opportunities wherever possible. There's going to also be more sophisticated opportunities, rather than just owning property. But you know, this is this is how we're going to try and bring you in on what's happening. All right? So again, if you're interested in that, go to blackbookoffshore.com and register. We'll keep you updated. There's nothing else you have to do. All right. So they are the 10 things. They're the 10 things I'm focused on. They're the 10 things that I'm going to be speaking more about. They are the framework. Guys, if this information has been a lot for you, take the transcript. Take the slides that you're going to see at the end of the episode, screenshot them and put them into your favorite LLM. And create a prompt. I'm going to teach you how to do that in future episodes. Create a prompt that thinks like a hedge fund manager, that thinks like a capital allocator, a sophisticated investor. Ask the LLM to create a prompt for you that isn't just, hey, make sense of this. Go into Grok and say find me the best prompt engineering. Find me the guys that make the best prompts at understanding transcripts from podcasts. Create that prompt. Change the context to suit your needs and get it to give you an actionable, executable breakdown from this podcast or previous podcasts that I've done. So that it can put it in simple terms for you, based on your situation and what you need to focus on, okay? Now, probably what a lot of you've been waiting for is the lazy portfolio. So how do you outlast these current changes? There's something called a 100 year portfolio. Um, I don't know the exact origin of someone that had a lot of cash that came up with this idea to outlast all the volatility, all the fourth turnings, etcetera. And this is what the 100 year portfolio looks like. It's 25% gold, 25% property, 25% stocks and 25% cash. And then you choose how often you want to rebalance that, right? So if gold gets too high, you rebalance it into property, stocks and cash. If cash gets too high, you rebalance it into property, stocks and gold, etcetera. So you can rebalance that yearly, quarterly, whatever you want. This is the lazy man's portfolio to uh to survive and protect capital over these times. Some little caveats. Depending on your risk profile or your age, you might want to sub out some of that gold exposure to Bitcoin. You might want to sell all of it out if you're willing to play the long game and, you know, I I do think that Bitcoin uh outperforms gold over time. But I'm I'm more active in the market, so I'm trying to ride the one, the two-year waves. Um, so yeah, I thought I would give you those as well because they're highly actionable for the person who doesn't have time to dig into this. each and every minute of each and every day, like I do and like I'm advocating if you want to be fully sovereign.
[45:29]Uh, that's that was a big one, guys. I hope you enjoyed it. As always, comments are appreciated. Let me know what you think. Let me know what you want to focus more on. Um, but this is the time to be paying attention, guys. You got to be paying attention right now because there's so much happening and, uh, we're here to ensure that we can try and help you protect your wealth, but also compound it and compound your mobility first and foremost, so you can survive and thrive in this new regime. We'll see you on the next one.
