What is going on ladies and gentlemen? Welcome back. It is a brand new week So we got some brand new picks for you guys today Today is October 19th 2020 and I want to make sure to put the date out there at the beginning of the video in case people watch this video And it's out of date. You know what I mean? So I'm gonna start doing that Disclaimer This is not financial advice. These are all my opinions and my ideas You grab this knowledge and do what you want with it But there's not financial advice So let's jump right back in guys Bitcoin daily Bitcoin J here with you guys today today. We are looking at The market where we're going over what happened over the weekend and what's been going what's going on today So there we had some big moves big moves that we spoke about last week. So hopefully you guys Jumped on those pics But let's jump right in Bitcoin as you can see today. It is currently at 11,679 it is up almost 2% today up a percent over the last seven days Ethereum up to three seventy nine up about a percent XRP is up One and a half percent today, but over the last seven days. It's down four percent Bitcoin cash is at 250 up about almost a half percent Up overall three percent on the last seven days. Binance is down two percent Chainlink is pretty much flat, but down five percent over the last seven days Polkadot down one and a half percent down eight 0.76 over the last week Cardano Is up two and a half percent? Pretty flat across the week down half a percent and like coin is up one point one percent But it's down about six percent over the last seven days guys So it's been a pretty interesting weekend. I mean pretty interesting in Monday Really is what it is what I mean over the weekend. It was pretty slow, you know, not much was going on But as Sunday night approached Monday morning approach We started seeing some some movement here as you can see this morning So we spoke a lot about this level right here guys 11,200 level we told you guys that You know, there was a divergence here Between this high and higher high and this slow and lower high in the same areas So when there's when there's a divergence like that, it means that The price was running out of steam The rally wasn't running out of steam, you know, the sellers retired. There weren't enough sellers anymore a lot more I'm sorry. There weren't a lot of buyers anymore a lot more sellers were coming in to the market and That's where the momentum started shifting So we had a shift the momentum as you can see and then over the weekend It kind of flattened out a bit This is actually around the this was last week so then over the weekend flattened out and then Yesterday around here it started picking up over the last two three days You see that shift in momentum here Until today we had we went back up as you can see here and we're currently pulling back right now so If we if we look at this if we look at the patterns here, right? We told you guys that a pullback was coming once we saw this here And we said that where we wanted to buy in was at 11,200 which was this buy area right here You know it fell with this Fibonacci level and with this ascending Support that dates back to March 13th the beginning of this year So we really really like this 11,200 area and that's where we entered as you can see it Hitted a few times here before it shot up and our final target was 11,500 right here So we were able to grab that trade Righted up grab profits now there were a few fake outs here So I didn't want to enter a breakout of 11,500, but that was a breakout entry We did not enter that Because there are so many fake outs here as you guys can see But we did catch the breakout above this Fibonacci level as well as a 11,700 Resistance and we're able to grab some profits at 11,800 and now as you guys can see it is pulling back right now So Right now we're waiting to see what happens with this candle here As you can see it's pulling back. It's currently under the 11,700 range which would be this support right here But it can still pull back up above it If we go down to the hourly you'll see the hourly we crossed under and closed under So that's more for a short term If we look at the daily Here's the daily candles. So this is more a long term You'll see here you'll see this pattern here Let's get our tool You can basically close it there and there as you can see this is this right here is a Bull flag right so we had the impulse move up We have consolidation and then we had a breakout. So this was a Bull flag breakout right there on the daily. You could also see that on the four-hour chart And here you see exactly where that break was So you see the impulse up consolidation consolidation consolidation and then a move a breakout right here So the buy you would have been buying above that same level 11,500 That was a buy as so you can see here. It did fake out This on the four-hour chart. It did fake out once twice and then the third time is a charm. I guess right third time it did break out as You can see here. So we're expecting now some consolidation here If we can hold up above 11,700 then I'm expecting consolidation between 11,700 Tell about the 12,000 range that is definitely a range that we can consolidate in We might consolidate within this hundred dollar price range 700 800 So we can see some consolidation here Let this RSI drop back down a little bit And then we can we might be able to see a pump back up to test the 12,000 and above range This year's highs basically So that's currently what we're watching right now So for entries and for entry ideas. So if we're looking for a Buy a breakout buy right So I guess since we're currently under 11,700 That would be one breakout buy at that right of you know to see it bounce back over 11,700 that is a buying opportunity that you can you can try to catch Using a stop kind of below whatever whatever the low of the four-hour low here is after the break Another idea would be above the daily high. So the today's high is 11,835 so above 11 835 you would set up a Breakout entry and Then you would be basically trying to ride that to the 900 the 12,000 mark So it's about a hundred and 70 hundred and 60 ish hundred and sixty five dollar profit Your stops would probably be under 11 11 800 so if it goes back down below 11 800 you want to sell that and then you want to try again Type of thing you want to buy above the next highest one So that would be that breakout buy and then the third breakout buy would be above 12,000 So break beat above 12,000 would be another break at the third breakout buy Pullback entries. So if you're looking for a pullback entry, you're basically looking at kind of since since depending what time frame you're looking at it in the Four-hour trying time frame. We're still on this support on the 11,700 support So we haven't really dropped weight under it So if it goes the same kind of the same as a breakout buy if it goes back if we see this push back up above the 11,700 This still is playing as a support and if we close above that then you can buy this support at 11,700 because it's a fib level support And there's been price action Historically at this support as well. You can even see it right here So you can use this support as an entry If we drop lower, then we're looking at 11,500 as the first one and then Wait, where's 11,000 five? Yeah, so 11,500 as the first level right here And then below 11,500. We're basically looking at this maybe ascending support right here that we marked before for you guys as the next Entry and below that then we have this the green box here that we marked for you guys Which is that 11,200 range that would be the other support that I would consider That would be the third one. I'd be considering And then below that we broke below that then 11,000 and 10,800 to be the next support But right now I don't think it would go back all the way down there We have a lot of support on the way on the way down on any type of pullback So we have a lot here to hold us up We just got to kind of be patient and see what the market does which way it decides to go if this Fibonacci level here is gonna hold or not if if it doesn't hold and we're looking to play this support down here If it does hold and we're looking to enter back here and ride it up. All right So that's pretty much it with Bitcoin. I think we've gone over all the scenarios that we're looking at You know where we think it might go what type of plays you can do depending what the price does Let's go ahead and take a look at Ethereum Ethereum also saw a break the same type of it's been following Bitcoin basically move-for-move so if there has been Literally just copying Bitcoin, right? so We saw the break here The entry here if we're looking for an entry as you can see we hit all the way to 384 and now we're pulling back just under 380 so 380 is that support the same as Bitcoin has a support right there So does Ethereum 380 is that level? You know so you can use this as an entry if we go back above 380 and we see 380 is holding You can use that 380 as an entry to buy in the next Entry the next breakout entry would probably be above 390 and then above 400 would be your next two entries for breakouts and Also just above this high would be a breakout entry as well that you could take a pullback entry The same thing you know 380 the candle hasn't closed yet So if we get back above 380 we can use that support there If we do drop lower than we're looking possibly at this moving average here This is a 50-day moving average. So if we see that it's holding there. We can buy there, which is currently around 375 Below that We're basically looking at 370 and then 365 all right, so those would be the levels. I'm looking at if I'm looking to enter back into Ethereum Bitcoin cash Kind of a similar movement not as big as Bitcoin in Ethereum, but it did have the similar big green You know and then I'll pull back here. So here We're kind of looking for a break above this level the 252 level As you can see here. There's been a lot of price action at that 252 level So I'm looking for a break above 252 for a breakout entry here if we're pulling back Then I'm looking probably for an entry around 240 for ish To two from between 240 to 240 for ish Anything below that we're gonna have to wait for like the 220 levels So that would be that the basic of the two entries. I'm looking at for Bitcoin cash light coin we saw Kind of similar again similar movement, but it's just in a very small, you know amounts So this this movement was just from 47 to 50. They not even didn't even get to 50 and went from 4650 to 4850 basically a two dollar move again This is not moving enough for us to trade if we're looking to enter We're looking at it, you know, you could do above today's high of the day will be one breakout entry, which is 4850 The next breakout entry would be above 50 on a pullback You know I I'm not trading this but 46 is a pullback entry and 44 is another pullback entry. I'm not trading those levels, but if you guys really like light coin that much I want to trade it be my guest. I'm not taking any of those trades on light coin. Just not enough there for me XRP as you can see also having similar similar stuff everything's gonna be following Bitcoin That's what we always Bitcoin's the chart we spend the most time on because it runs everything else everything else doesn't really matter It's just gonna follow Bitcoin So you can see the same the same pattern as Bitcoin here. We had very similar patterns Bitcoin's pulling back so this is pulling back so entries are gonna be above the high of the day here Which is around 25 cents pullback entries are gonna be around 24 40 And just 24 cents flat And that's basically it not too much else to say about that chain link chain link hasn't Pulled back. It had it had a nice week last week actually It went down over the weekend and now it's kind of going back up as you can see it was oversold here So it pulled back a bit to give it some some room here and now we're pushing up again And we're still not not oversold here. So So there's still room for this to kind of go as you can see it already almost made back what it lost earlier today But the entries here are still the same ten dollars is that support that we really want? Beyond that we're not really 10 40 can be another one, but I don't like it Breakout is gonna be above the higher today, which was 11 25 And Yes, basically and you could do the other prior high here last week's high which was 11 82 you can use those two as breakout entries Tezos not much going on with Tezos. We had a move earlier, but it's already retraced it completely back Yeah, we just haven't really like Tezos. I guess 217 218 area is a possible entry, but We're not entering unless there's a pullback till about the two dollar range and for a breakout You're gonna want to look for the high of the day or last week's high of the day up here So those would be the entries that I'm looking at if I were entering that which I am not Here on Neo we're pretty much still in the same place we had a little move forward then we retraced about half of it back Um Currently if I'm looking to get in $17 is the support here to enter Breakouts gonna be the high of the day. I would do this high of the day really Which is about 1775 And last week's high which is about 1850 so that's for Neo Let's take a look here at Bitcoin futures Because we didn't really look at Bitcoin futures here so as you guys know last week we had this gap up right and we told you guys that this gap up probably had to be filled and As you can see here Bitcoin kind of retraced all the way back and it didn't completely fill it But if it touched like it was right there, you know what I mean? It's within $20 of filling Before moving back up now what happens this week we have another gap up, right? So the gap up is basically where did we close on Friday so Friday we closed at 11 370 right and Today we opened at 11 and 505 so the gap would be 370 to 505 so let me go ahead and draw that See where is my drawing tool My rectangle So the close was that three was it 370 Some of them will do about that. So we we went back down this way already but We still need to it would still need to be around this area, right? Whoops, I'm gonna just make a small thing here. I don't want to make anything too crazy. Uh, I Don't want that Just want to move this down. This is not letting let me move it down So I'm gonna just put this level here So from the close to the top of its range there, so that's about what 390 to 425 So we do have that gap there. All right, so it's just something to keep note of there is a gap Now we just have to see if we're gonna fill it, right? That's basically the gap right now Let's see if we do touch this and if we go down how far down do we go if we do test it, right? So that's currently what we're looking at Well, actually, I'm sorry this so this is from Friday and then this is when features opened yesterday So that's what those are and this was today Um So yeah, so we might if we continue to pull back if that 11,700 level doesn't hold Then I'm thinking we're gonna pull back to this range, right? We would see something in there So now we just basically have to wait and see see what happens See what the price does see if there's any we spot anything else in the in the patterns and stuff like that That'll give us an idea or a hint that it's gonna pull back, you know But that's just an area to note just in case In case it does pull back. So while this video has gone way too long. We're already at 20 minutes Last one. I'm going over Cardano again not much going on here. It's been moving but retraced and now it's started moving again Levels I'm looking at Here is around 900 sats, right? I'm sorry 910 sats to 900 sats For a breakout you're looking for a break of a Blah blah blah blah a break above the high of the day here or a break above this 970 and my preferred break above is a thousand Satoshi's I felt like somebody asked me to do 88 USD maybe I think I'm not sure I don't remember Had a request on a previous video. I honestly don't remember exactly what the request was I feel like Cardano was involved. So I'm gonna just do Cardano USD since I did Cardano BTC and I usually do everything else paired with BTC. I mean with USD. I'm sorry So Cardano here paired with USD. It's currently at around 11 cents So if we're looking at a pullback entry Around 10 cents and four is where I'm looking at You could also do 10 cents and six but It's not, you know, it's not as strong as as that other support But that is a possible that that would be your first support the other one be your second support third support will be here at 1020 Breakout you're looking for a break above the high of a day That'll be your first breakout second breakout would be above last week's high, which was around what 11 4 4 So that would be your two breakout entries But this level right here 11 20 looks like a good breakout as you can see here There was also Price action at the same level and then we had to break out here above it So 11 20 would be your first one last week's high would be your second And that's pretty much it guys. I think I covered everything again. Remember Bitcoin is a king of this space. So whatever Bitcoin does is what everything else will do All right guys. Thank you very much for tuning in and watching this video I will be with you guys again tomorrow for the next one peace and love as always


Hi everybody, this is Donna Cross, our Chief Clinical Officer at the Patient Safety Movement Foundation. We're here to bring you another COVID-19 update. Today we're going to talk about the effective management of mental health and stress during this COVID-19 pandemic. And I'm excited to be joined today by four panelists. We have Kita Franklin from Tennessee here in the United States, and Bernadette Wilson from California, same place as I am here in the United States. But we're also joined by Anka Sarbu from Switzerland, and Ariel Noble from the United Kingdom. So I'd love to go around and have our panelists introduce yourself. Let's start first with Kita. Hi, thank you so much for having me. Yes, I am the Chief Clinical Officer at SiteCub, which is an online education company. My background is in social work. My PhD is in social work where I have had a couple decades of work experience working with our nation's active duty military and veteran populations in the area of post-traumatic stress disorder and trauma and suicide prevention. So I'm happy to be with the panel today. Well, thanks. Welcome. Bernadette. Yes, good morning. I represent this group as an advocate for the patients and also the health care worker. I'm involved with the Patient Safety Movement on some committees, and I just love the organization. I have my masters in business, and I've been in the business environment for quite some time, and I am a practicing trainer and also a neural coach. So I use brain-based technologies to lower stress and really reduce a lot of the outputs that we get from all of the conditions around us. So I'm really excited to be here and kind of bring together the medical environment along with all of our backgrounds. So thank you. Thanks for joining Bernadette. Anka. Hi. Thank you for having me, Dana. It's a great pleasure to join you at the Patient Safety Movement Meeting on Mental Health. As you already know, I'm a Patient Safety Movement Foundation ambassador in Switzerland, in Austria, currently based in Zurich. I work at a mental health care facility only for women as the head of quality management and organizational development. And in the same time, I'm a healthcare innovator with EIT Health, which is a body of European Commission on projects on mental health development, developing tools, and digital strategies for improvement. Thank you. Great. Thanks for joining us, Anka. And Ariel. Hi. Hello. Thank you for having me, Dana. It really is lovely to join all of you. So yes, I'm Ariel Noble. I am the research psychologist and the clinical supervisor at Mental Health Innovations, which is a charity in London. And our first project has been to bring SHOUT, which is a 24-7 digital crisis text line for anyone in the UK, free anonymous to use. It's actually our one-year anniversary this year. We've had over 300,000 conversations. And I am a member of the data insights team, where we are able to effectively evaluate and consider some evidence-based improvements. Great. Well, thank you for joining us. So we have a great panel today, and I'm so excited to start talking about how, well, let's start talking first about what exactly is happening right now. We all know that this pandemic has created a new normal for us. We live in a virtual world with not a whole lot of physical contact. Those with existing mental health issues are finding it challenging to access the therapy and the services that they need. Those healthcare workers on the front line and other essential workers are quite stressed. And those who are dealing with economic hardships are also dealing with some mental health crises right now. So I'd love to just kind of go around. Let me start with Ariel. I'd love to understand what you're seeing in the UK and the general population. What are some of the mental health challenges that you're finding? Yes. So our service currently averages around 25,000 conversations a month. And by the end of March, we found that 25% of our conversations concerned COVID, around 60% of the COVID-related conversations also mention anxiety, which is twice the rate that we usually see. So we have found that anxiety appears to spike in response to major news announcements about the outbreak and have continued to track what concerns people most at different stages of this pandemic. So for example, the trend of conversations mentioning uncertainty has closely matched the trend of conversations mentioning the virus. We're struggling with uncertainty in relation to risk, time and duration, whether we will ever return to a familiar state. And interestingly, these concerns have gradually decreased as we have settled more and more into lockdown. Now in lockdown, we're finding that people struggle more with maintaining a routine. This highlights our challenges with change and evolving to a new normal. This also highlights boredom and our need for distraction. People are feeling trapped with themselves. Distress has become inescapable. We're spending more and more time with ourselves, have less distraction and escape, feel more vulnerable and exposed and suffer from the illusion that this is a bad thing. With limited distraction, we face aspects of ourselves and of our lives that have been buried away unconsciously. Just because we didn't notice before doesn't mean that it wasn't there. And so this can be an opportunity to understand and work through it. However, what we do need is a safe structure to do this well. What we need now is a new structure to self-regulate our distress and developing a healthy routine and lockdown is not only a great way to self-regulate emotionally, but also to regulate our sleep, which has also been impacted. It helps us to reset and is essential to our mental health. I think that's probably true across the world. Anka, your thoughts from Switzerland and the other German speaking countries that you represent. What are you seeing over there? Well, I'm involved mostly at the organizational level and the healthcare administration, which is also a focus area of patient safety movement foundation. And what I can tell you is that since the beginning, lots of measures have been in place in order to ensure the continuous provision of care for inpatients in mental health care facilities. And that was a big focus also in my clinic, in my hospital, where we actually had to reduce drastically the number of beds because of the safety measures, of course, of the patients as well as of the employees. So it was quite challenging at some point. Of course, the pitfall was that the number of beds was reduced and the mental health care patients in need of care was the same or even higher. So we were really struggling for a period of time. But at this point, fortunately, the state measurements have become a little bit more light here in Europe, in the Poldach region. Austria started to open lots of businesses, actually, which is somehow related, of course, also with the mental health status of people. So they can come get back to to normality faster. In Switzerland, we started this enlightening of measurements two weeks ago. In Austria, they started already three weeks ago. So we are actually now recording the developments and we are monitoring closely what is happening in each facility, as well as we have to report to the authorities and, you know, in the German speaking countries, there are these regional health care administrations. So we are actually binding to report to them everything that happens in terms of patient safety in our hospitals in order to be able to decide at regional level if we are keeping our beds at the minimum capacity or we can get back to work for better efficiency. So this would be something that we had to comply with for almost two months. And the worries in my area in clinical risk management and quality management was exactly what is happening with the people in need of inpatient care that were not able to check into any hospital or had to be discharged earlier. Because this was also a measure that was implemented in many of the hospitals in order to reduce the number of beds. So, yes. And until now, the question has been how can we really provide the services we want to do all the patients in need. And thank God, in my hospital, we have been coronavirus free until now. But there have been other cases in long term care facilities, which have been really under critical conditions. And, yes, now I think it's more of a matter of how are we going to be prepared for what is coming next. So that's actually what we're working on right now, more on the preparedness and what Ariel was actually mentioning what is happening with everything that had an impact on the population that was not an inpatient already. And if they are going to come to us now, and how are we going to be able to provide them with needed care?  How have you dealt with, how have you treated the patients who typically would have been in an inpatient bed? It was mostly, I think, a very challenging time. But in the same time, it was a very good opportunity for the hospitals, for the mental health facilities to discover so many digital health solutions that were already available on the market, but were not used at their full potential. So what we actually did, it was starting with the triage process. So we actually adapted our triage of patients when we selected them to come to us on a coronavirus basis. So we were actually testing all of them after doing the triage form. And afterwards, we were trying to optimize our services in terms of providing, I'm sorry, in terms of providing monitoring, remote monitoring of patients and teleconferences and telepsychiatric therapy via digital means. So that was mostly, they played a very big role in the care that we provided in the last month. The good thing is, and I can say this from a healthcare innovation perspective, is that we keep going on in this way. And it's so good to see that so many long-term care facilities and mental health care facilities under these circumstances feel obliged, but also more friendly with innovation in healthcare. So these measurements that they implemented during the coronavirus crisis are still in place in the Dach region. In Germany, for example, the use of mobile apps has become a thing, has become reimbursed by the government. And now family doctors are really prescribing these. Whereas in Switzerland, for example, we did not actually the patient pathway once they have symptoms was all digitalized. So everything was happening via phone or video call. They were not going to the hospital unless it was critically bad. So they couldn't even go to the emergency room if they didn't call before. So that was really, really good implemented. Yes, we are really preparing now for the for the second wave and we are all skeptical to see what is coming. And as I told you in terms of the perspective of healthcare administration, as well as healthcare professionals and patients, we are trying to work a lot on the preparedness of our services to be able to cover all the numbers and the wave that is going to come probably after the pandemic, not the second wave of the of the crisis, to be able to allocate all the patients. And we're working hand in hand with the ministries and with the local governments to see how we can actually facilitate the needed care for people who are going to need us. Great. Kita, you know, you talk a lot about what we're doing to help patients at this time. But what are you seeing right now among healthcare workers, whether mental health practitioners or other frontline healthcare workers? How are they, how is the stress manifesting in them right now? Such a good question. I think this is going to be the future here in the US where we've started to see phased opening. You know, the brunt of the first responder sort of trauma related work has largely been on the hands of healthcare workers.  And so I think that these are the folks that we're going to be caring for as mental health clinicians and the way forward over the long haul in part, you know, exposure to trauma, also the all the work that's happened. You see a lot of it on the news in the US where frontline workers, hospital staff are, you know, performing in the roles of family members as they've, you know, stood by the bedside of people that are dying by COVID related symptoms and they're using creative IT technology to help them say goodbye to their loved ones when loved ones are not able to be by the bedside. And while that's certainly commendable and heroic and needed and all good, it's also, you know, something that's going to have to get processed by those healthcare professionals in the context of trauma exposure.  And I just, I feel for that group, I think we're going to be taking care of them for the long haul here in the US. And Bernadette, what about patients and families, folks who are currently having to deal with the hospital system, what are you hearing from folks? Well, I just, one I wanted to say, thank you all of you for your contributions. And Ariel, I wanted to bring forward also that American Suicide Foundation has an app as well that people can text. So maybe after when this is posted, we could put those numbers in there. And it's really, it's really helpful. Sorry, I just wanted, so sorry, I just wanted to actually say thank you, Bernadette, that we have been powered by Crisis Text Line from the US. So that would all certainly be very helpful to share. Thank you for bringing that up. You're welcome. You're welcome. What I think you also highlighted the fact of the unknown, and we know when we don't know and there's change, that puts a lot of stress. That's just our primary instinct. We like to control our environment. So what we're seeing more here on the West Coast versus, I think that was your original question, then versus the, you know, the East Coast of the United States is here in Southern California, we're fortunate when we have the weather. And by nature, we're more outdoor people. So, you know, people have to actually walk around each other to take walks.  Everybody's, you know, especially on Mother's Day. We just had Mother's Day. There was a lot of families out, but they're really very, very respectful. I think people have fear. I was speaking to a client yesterday, they have fear going into the grocery store. They have their primary basic needs, people have anxiety around that. And then they're also overburdened with having their children at home and time management and how are they going to do their job and also raise their children that are home and keep them entertained and giving them the best advice as well. So I see this as an extremely complex issue. Then you, and it's also a demographic issue. So we're getting clusters where people are more in a closer confined areas. And then also we all know it's also for the aging population. And one of the things that we were thinking of remedies of, you know, how we're talking right now in the virtual world, there are a few organizations that we can post later also that help seniors with learning how to use technology. I think of my 91 year old, 92 year old father who's served in both of our wars and is just a wonderful man. But, you know, he loves to get out. I mean, he still works on cars, but he could not work a computer for the life of them. So, you know, how are those types of demographics also getting involved? And then I also think about our senior population is many of them have illnesses and they have not been able to see the primary doctor. A lot of them schedule their whole day around going to the physician. I mean, that is a whole ordeal. You know, how long you're going to be there? What are you going to do? It's a social engagement. So they're really not getting that either. So there's so many layers to this and I think just bringing that awareness to it is really helpful. And the other side of it, I also have clients that maybe feel that they can't contribute. And there's a lot of good ways, a lot of positive ways such as if you wanted to volunteer online to help senior citizen studios technology, you're able to do that. And then just one thing, backing it up, when we're just starting now to open up to see patients in the office. There also, we had stopped all of the surgeries, unnecessary surgeries. So now they're doing testing beforehand for the patients. And what limited part about if you go in for a day surgery, bringing in a family or friend, that person will definitely bring a mask. You'll need to have a mask. They're going to be, we're using release forms now. So there's a whole new protocol and that will lead us later on, you know, when we talk a little bit more about a patient's bill of rights and really assuming there's now more an assumption of, you know, taking responsibility for your own personal health. Before the epidemic, we were in a phase of wellness. It was all about wellness and I, you know, stopping anything from happening. Now we're more in a crisis mode and taking, now the individual person really has to assume their own responsibility. And I recommend to them to keep binders and folders and just all the information they have. So if I'm talking to you as a medical physician online, I have my questions out. I know what to ask you. I'm, you know, I take responsibility as the patient as well. And I think that allows coming back full circle here. There's things that we can do to implement in our life to feel like we have more control and more power. Because as we all know, this is, medicine is moving this way, more online and more virtual. And it may be possibly a good thing to alleviate a lot of long lines and impacted EDs. So there's some real positive benefits as well. Those are great points, Bernadette. Thanks. Aria, what are you seeing there in the UK? Are you seeing the same kinds of issues that Bernadette was describing here in the UK? Yes, I mean, there's certainly overlaps and great points. I suppose, I suppose, like Bernadette said, you know, there's a lot now about how we can cope or find ways of coping in this virtually. So technology has become an essential tool and has been for a while for connecting, offering us ways to be listened to, to be understood, to meet our true need, to be cared for and connected with others. Coming prepared for that, seeking that out is very important. And we can use it in many ways. We just need to satisfy those needs. So whether it be through exercise, therapy, a doctor's appointment, new skills, hobbies, entertainment, you know, whatever it is that supports your sense of connection and feeling cared for for yourself and for others. What's interesting, though, is that what I find in the virtual world, just in general, you know, there's lots of opportunities for connections, but that they can be both authentic and inauthentic. And so something that comes up for me, it makes me think of Gabor Matei suggests we have two needs, attachment and authenticity, and that we strongly gravitate towards being connected so much so that we might sacrifice our authenticity for that connection, not on purpose. And we sometimes don't even realize it, but we might know when this happens because we end up leaving a social activity or some sort of social connection feeling disconnected from ourselves, not feeling heard, not feeling cared for. And so it's important to consider which virtual activities promote your sense of connection and authenticity, because it's only when we are being authentic that we can truly feel cared for and be connected. So again, what we're hearing a shout is that this is the first point of meaningful contact for many. It's important that you try and find that meaningful contact in any way that you can. Almost half of people who text us say that they feel that they have no one else to talk to or that they've never asked for help elsewhere. So it seems like, again, there's a lot of connection happening, but perhaps a little bit less of sharing something meaningful with someone, which is really important. People most appreciate being listened to and feeling understood. And so it's really important that collectively, whether we're coming from a position of a provider or if we're seeking any sort of support that we continue to develop, encourage and find for ourselves authentic avenues of connecting. Excellent. So to me, then, like every country is really dealing with the same issues. Is that a fair statement? Yes, I truly believe that. And I would also like to point out in connection with Ariel, what Ariel said, the meaning of health literacy here and the big role the health literacy plays in the burnout of healthcare workforce in the stress level and the mental health issues that might cause to general population as well to the normal patients. Because we have been seeing, yeah, we have seen in the last months lots of misinformation on lots of channels online and most of it also on TV. And when we're talking here about the isolated elders, for example, and we worry about their mental health, then we have to connect it directly or link it with what is actually published on TV and on radio as they are not as much on Facebook and other social channels. But health literacy in my opinion plays here an important role. And regarding these points, I wanted also to mention that I recently launched a project here in Europe, but we actually gather also lots of people from around the world from Australia, Asia and Russia and the U.S. Actually, we have advisory board members from the U.S. It's called the Digital Aid Project. It's a pro bono initiative and two actually of the pain points that we are trying to tackle are related with mental health. One of them is called patient distress to avoid patient distress and the other one is employee burnout and stress level. So that's actually directly related with the healthcare workforce. What we're trying to do here, it's actually, it's a tailor made health innovation tool set and is responding to the most common and pressing pain points in long-term care facilities in general. But as I said, two of these are directly related with mental health and we are actually validated recommendations and we tailored a guideline based on the need, based, goal-oriented criteria and we compile a catalogue of ready to implement digital health solutions that are able to tackle these pain points and support the long-term care facilities overcome this difficult time. So we actually focused a lot on the elders here and on inpatients also in mental health facilities and we actually approached the topic of remote monitoring of telecommunication, how we can actually talk with the people who are in isolation and how we can bind them closer to the society whereas we are implementing social distancing everywhere. So that's a very nice, we actually launched it last week in English and we are preparing it in 10 additional languages in the weeks to come and I'm very happy to share this with you and with our followers afterwards because as I said, it's free to download for everyone and it can help any healthcare organization, patient, family and professional in need. So yes, that could be the input the digital has. Yes, we will share that at the end and make sure everybody has that website. Thank you. Kita, recommendations from your standpoint on what can we do moving forward in this new world that we're in and I think from your standpoint what I'd be interested in is specifically what about healthcare workers? What can clinicians do and other essential workers that are on the front lines that have to go to work every day while the rest of us are home, how can they better manage this? It's such a good question and I picking up also on my colleague here on the panel, Annika's comments about the importance of getting the right information on this healthcare literacy movement in a post-COVID era is going to be critically important for universal populations across the nation but also subpopulations that might be at distinct risk because of exposure or other pre-existing vulnerabilities and so at PsyCov we also have some good resources I'd like to push out at the end too that are also free related to video-based content on things like anxiety and depression and post-traumatic stress and even suicide risk and also targeted towards tele-mental health so we pushed out a free course too to help teach providers how to effectively do tele-mental health in their practice in a post-COVID time when you've had to sort of switch to tele-mental health rather quickly and might need to prepare your practice and maybe that wasn't in your game plan early on as a clinician so that all free resources but also to get after your question about sort of what do we do? Like what do healthcare workers do or what can we expect moving forward? I don't know if your listeners would be surprised or not but I really think a lot of what we do is very basic in that we're expecting folks to try their best to despite the fact that they're working in a telework environment to you know stay on a routine and also putting back on my hat with regard to your question for what do healthcare workers do also we're wanting them to rely on each other for peer support you know when you've been through trauma one of the best resources is someone else who's been there and sort of done that as well and so nurse to nurse medic to medic doctor to doctor support each other peer support is critically important during this time and reach out to somebody every day don't let isolation get the best of you don't withdraw when you might want to certainly a fair amount of quiet time might be necessary as you're you know leaving your shift but it's also important to stay connected and so keep a good predictable routine stay connected follow any and all guidance with regard to the CDC guidelines on you know isolating yourself in terms of after your shift you know being careful with exposure in that regard I know all of the healthcare professionals are are sort of top notch and following that so it's probably you know not necessary for me to say but the other things I can think of are you know just your basic principles of sleep hygiene nutrition and not forgetting to take care of yourself and I know they sound so basic but sometimes they're good reminders particularly during times of crisis like what we're experiencing right now with the pandemic yeah but we'll be sure to to share your site videos that you that you spoke of on at the end of this as well so so our viewers are going to get lots of information that good good resources yeah thank you great Bernadette you talked a bit about the American American Suicide Foundation hotline we'll be sure to share that but you also alluded to patient rights can you talk a little bit about what you what your recommendations might be for patients and families right now in this crazy time well it's interesting pre-covid we had been working on actually publicizing even larger a patient right that you have a right to safe care good care safe medication and just and access to your knowledge of your your healthcare information so that really hasn't changed it's just how we're going to go about and getting that so when you go into a hospital now as I alluded to before or stated before that you should wear a mask and you really have to look at your healthcare worker as well and seeing if they're taking the correct precautions and you can do that just by little investigation I know here locally at UCI they're definitely implementing a lot a lot of protocols to make sure the healthcare workers safe and also the patient safe and we've heard already here on the panel about gradually easing into face-to-face with the healthcare worker I think what we should know too is that giving kudos and respect to our healthcare workers because we do have fear of going into a healthcare office but I am going to lay probably a little bit more trust that they are doing the right thing and I think just again by some of these guidelines and they are just they want to keep themselves safe and what I'm seeing in hearing is they're actually even more over protective than need be to get the virus themselves which is a great thing and is a good thing and just make sure you know if a healthcare worker is going to do an exam on you make sure they wash their hands make sure they are masked make sure you wash your hands afterwards or before they enter in an extra room because we know this virus is very contaminant through touch so again your basic rights are just that you have a right to be healthy you have a right to your information and again it goes back to being responsible for your health so if there's a different point of view if I show up to an appointment with my binder follow my healthcare with some of my records and dates of when I've had my examinations and I know what medications I have you can then you have more you're more empowered as a patient to ask good questions and you can tell when you are not being spoken to with in the right way or also if your questions are not being answered that's very empowering yeah and we actually at the patient safety movement foundation one other resource that we can we can share with everybody is we have developed a plan of care for folks that they can it's a it's a virtual form but they can fill it out print it out and fill it out they can fill it out electronically and start exactly that binder that you were you were talking about so that's a great point thank you I'd love to hear from the rest of our panelists any other recommendations for what we can do to live in this new virtual world that we are living in with not so much physical contact I'm happy to start yeah so I feel I mean it's just been such an inspiring conversation actually in such amazing points have been raised I think from you know particularly the mental health perspective there is increasing demand across the world for mental health services very little has prepared us for how to provide support in times of global crisis when uncertainty and isolation become a shared experience and that's both for the mental and medical fields as a digital service our volunteers are based at home so we've been able to continue to offer support 24-7 throughout the lockdown this has been one lead one leading form of support and continues to offer a way to virtually connect in moments of distress and crisis and also I feel really inspired hearing in the conversation there's been also so many other new initiatives that have launched at this time so our national health service has developed a suite of options to support their frontline staff so extra mental health provision is being provided to NHS staff and then to offer extra mental health provisions to all UK frontline workers we've collaborated with other partners mine Samaritans Hospice UK the Royal Foundation to run a new campaign called our frontline we have our leading psychological associations our teaming together to create virtual guidance for mental health professionals to help keep mental health services open many organizations for vulnerable adults and young people are developing their virtual and digital access domestic abuse for one has risen by 25% in the UK since lockdown and an urgent cross-government intervention plan is currently in progress there has been lots of collaboration and we see that it is essential to offer virtual support when human connection is needed especially at uncertain times of physical absence high insecurity and we also realize that our need for virtual care extends beyond the current crisis so it is and has been necessary for a while and evidence of its current effectiveness and all this new innovation will serve to extend beyond this crisis we feel very excited about that in our conversation today it is exciting it is exciting I think you know what what we ever knew before about zoom is completely changing I think for all of us so um Anka um any do you have any recommendations or tips outside of the virtual world just basic things that that that maybe people can do to help make make themselves more mindful um you just mentioned a beside from the from the digital tools that's everything I've been trying to do in the last month it was just like trying to to find the best way to to implement digital tools in risk in risk management in in crisis management which was incredibly difficult as I'm dealing with change management myself on a daily basis in hospital settings and that takes years you know to implement projects now it has been really really a challenge I think a big question mark is here that is here is actually how to maintain social connect connectness how while we are actually maintaining social distancing but this brings us of course back to the to the technology right which I think it's it's just an added value to what our society is giving us right now and it's it's gonna make the situation or it could make the situation much better and and easier as it has been for for influenza for example back in the in the years um on in on another hand um I think mindfulness it's it's a very important thing and this doesn't have to be necessarily via technology because there are techniques that we can actually use to to improve our mental status and we can do that on an individual basis um from practicing yoga and meditation until reading and being again health literate I think this would actually reduce a lot of our stress levels and this would be key probably to to overcome the difficult situation we are facing all over the world if I could jump in here real quick I am a unified mindfulness coach and I use it a lot with my practicing and techniques what one of the easiest things we talked about walking we all know walking you can be very mindful with it but it is so important to take a lot of breaks especially today even I mean in this world and even if you have children running around you know just go to the bathroom and deep breathe and take a break and one of the techniques that I really love is it's called hear out and um I lost a child 12 years ago to suicide and my path through mental health was very long and but the meditation was one of the things that really helped me and understanding how calming the brain through any stress or trauma can really help you start to see other things and bring more clarity to the situation and this technique you could do it anywhere anytime is if you just sit here and you focus and you listen to out of your right ear first for a few moments then you listen to your left ear out of a few moments and you just listen to the sounds and then we call that hear out you can actually start turning it in but that's more you know after you practice for a little bit it is the easiest technique because sometimes our thoughts go we get on our random thoughts and we start ruminating and it does not make things any better for us and it really increases our stress level so this one technique even to try it just go out on a walk or you could do it after this call or after this video and just sit there and just listen and it's amazing how much it will reduce your stress so that you would ask for you know just something that we can implement right now um anytime nobody knows you're doing it you could do it one of you could be doing it right now and I would never know because the best place to listen is actually being in an unmindful state so even if your children are coming at you and at home or or you're in an awful situation at home with somebody that's abusive you know take some time to really really calm calm your thoughts that's how often I have a question thank you very much this is really insightful actually as I'm working two days per week in the hospital and the rest of the time I'm actually dealing with thousands of things from home office which is really challenging for a healthcare professional um but we're reducing the number of stuff in the hospital so I kind of need this kind of technique myself and I wanted to ask you how often should one do it per day or per week and how long does it have to take with an interval that you would suggest us every 20 minutes if you're working at your computer and you can even put it you know recommend putting a mindful clock on your computer and it can go ding you know I have a little bell back here but it's just that what happens with the bell is your mind will start listening to it and it's a reminder we also have apps on our Apple phone on our iWatch is that can calm you but it's just getting into the habit and not blabbering over it not making that taking a break as being a problem it's just something you just start doing you know you just feel your level and I love you know and I know you guys are mental health professionals but I love the technique that I learned through cognitive behavioral therapy it's also you know scale things from a I use the one to ten scale if I'm over a four I back off and this really really helped me a lot I started me to start feeling how I was feeling inside and you if it gets too high a stressful situation you don't know and healthcare workers don't have that luxury they really don't at times they really have to be on site and so a lot hospitals have implemented things called cold cold lilac or cold violet where after there has been an incident they can they regroup they you know nursing chief nursing officers have put this into hospitals so they can regroup and they really address the mental health concerns of the healthcare worker and they acknowledge it and I think finally what I'd like to say is as I know in the United States just from my own path that nobody talked about suicide 12 years ago it just it wasn't a conversation I had with my child we just didn't talk about it I am so grateful that within the last five years we have begun talking about it and and with every hardship such as we're going through right now with COVID there are these silver linings and this is one of the most amazing things is like you said that we're all coming together and there are so much out there and it's going to actually accelerate even though it's increasing and I think one of the comment that was said about as the news comes out the negative news comes out the incidents rise they have proven that also I think that was a study in the UK about suicide that if they report it in a negative manner the rate of suicide actually increases so reporting incidents and really you know overriding it with positives in our brain and also in our conversations does help it's not glossing over it it's acknowledging it and then really focusing on the positive aspects of what we can control and what we can change very well said Bernadette thank you any last thoughts from our panelists before we conclude all right well thank you all so very much for being here today I very much appreciate your participation this has been a fabulous discussion I imagine there's much more to come we may be asking you to do this again in a couple of months thank you very much Donna back to honor all right well everybody have a wonderful day bye have a good day


Private markets versus private equity Sit that wrong with the y'all. I'm in private equity versus public equities I said private market versus that's a private market versus private equity. So which were the same thing So anyway, some people called the private market some people called it private equity Some people called alternative markets all sorts of thing in this episode We're gonna talk about what is the difference between private equity and public equity and what exactly does it mean But ladies and gentlemen, if you haven't done so already, please go ahead and make sure you hit that like to strive Common share button and it's always Ladies join I don't have a lot of time and I definitely you guys and girls have a lot of time So we're gonna jump straight into it So ladies and gentlemen, you probably haven't seen me around a whole lot like you used to When I was more active and the large reasons that of me working into the private markets private equity markets private markets right when you work into the private markets when you're working to private equity you start to get certain things as You have more compliance things you have to be aware of Prime example is called a private markets for their reason. It's supposed to remain private These are private companies private sophisticated investors things that are not known to the public Or they shouldn't be known to the public So now on the public market are the public equities these are things you heard of every single day Google Amazon Facebook Walmart I Think it was a top some of the top names. I could think I'll talk my head Apple things You can think of every day Netflix companies you trade every single day with money that you have now In the public market the public market means that anybody can go out there and buy it In the private market, it means that only certain people can buy it But that's what today's episode is going to be about What's the difference between the public equity market and the private equity market? The first thing is how money is raised when companies raise money They got really two ways it boils down to where they can raise it either they're going to raise debt or they can raise Equity and when you say I'm going to raise debt That is when you are That is when you go out and go get a loan for for example You may go get a loan or you may issue a bond, right? You may say hey, hey bank Let me borrow one point five million dollars. So I can go purchase a particular company That one point five billion that one point five million dollars That could be money that you can utilize to turn around and go and purchase the company Now the person that are the company that loan you at one point five million dollars They may loan it to you at a ten percent interest rate. So in return They want their one point five with ten percent interest rate bank. They don't care the company goes under over Company does well doesn't do well. They just want their one point five With the interest now on a good on the other side, you can issue a bond you could say hey I'm issuing bonds in my company so I can raise capital to go out and buy a company a quasi Company X Y Z Maybe Let's say you maybe gonna purchase a McDonald's or something like that or whatever you're gonna purchase So you're gonna say hey, I'm gonna give you I'm gonna issue out Bonds and I'm gonna put a coupon on a five percent and that five percent. I'm gonna turn around and I'm gonna Purchase this company So you as a bond if you purchase a bond for me, you're gonna give me a hundred dollars a day I'm gonna give you your hundred dollars back plus five percent at maturity and let's say five year five-year bond or whatever That's another way you're raising debt Now on the other side that we say you can do something called raising equity What does raising equity mean and how is that different raising debt? Raising equity is very risky for an investor I'm an investor side now. Let's take that same scenario instead of going to the bank saying let me borrow 1.5 million dollars or Instead of issuing 1.5 million dollars of debt I'm going to say hey guys. I'm going to write up Investment proposal and I'm going to say hey you want to make an investment inside of my company I'm going to sell an issue shares in my company now once I issue these shares you can take these shares and you can go out and I'm going to issue these shares and now you own a portion of my company now My company is going to go out and we're going to purchase a McDonald's whatever your strategy is and If the value of this share goes up you can in turn sell it to someone else sell it back to me things like that, right?  Whatever they're going to do To make company company does well value of company rises. You as a shareholder The value of stock rises company doesn't do so well the value of your stock declines Notice the private debt people they had no equity in the company nor did they care what was going on with the company I mean a low key care. They just want to know you're doing good enough to be able to pay me back with interest That's all the debt raiser. We're doing Versus on the private equity side when someone has equity they have a position as shareholder the company They're taking a larger risk because a company can go bankrupt at any time They're hoping that you figure this thing out and become the next big 4,500 company Now Next thing is liquidity when you look at liquidity of a company This is the difference between private equity and private debt. It's the liquidity market Prince. What do you mean by liquidity? Liquidity is your ability to get your money out of an investment For prime example, you can buy Apple at 5 o'clock. You can buy a hundred shares of Apple at 9 o'clock or 9 30 in the morning on the East Coast and At 940 sell them, right? Very liquid market Same thing with Amazon Facebook most publicly traded company that a large blue chip mid-camp and even majority of small caps Is once you start to get down to those penny stocks is where the liquidity and the volume Starts to really kind of drop a little bit So liquidity how fast can I get out of this investment? Prime example Let's go back to that scenario.  And when I issue this debt, I'm going to raise money In turn to go about be able to buy this McDonald's right Now when I go and do this This in return when I raise one to go purchase this McDonald's Let's say if you decide six months later Prince, you know what? I Know you gave me a five-year bond. I Want out of this investment how easy it is for you to get out For prime example for you to walk into your checking account You to put money in take money out buy something with it very liquid goes through very fast Versus if you have money into a CD CD you got to go through a couple steps to get the money You get into private equity. You got to go to a good bit of steps You have to go find somebody else hopefully in the secondary market. They may want to purchase your stocks, right? This is what you're going to do ladies and gentlemen These are issues you're going to have when you are building things out, right? When you're looking at liquidity in the public equity markets Public markets liquidity is pretty fresh and easy You can go buy Walmart sell Walmart. You don't have to go find a buyer It's pretty easy to buy something and get in and out of it pretty easy Versus on the public act on the private equity markets It's a little bit tougher if you go out here and invest into a private company You go ahead a sandwich shop a private sandwich shop that was starting up you purchase shares in it You got these shares now you want to sell it so you can go buy I don't know a Lamborghini or whatever you have to go find somebody in that market to be able to sell those things too, right? That's the difference between the public market and the public market liquidity That's another thing the first thing we discussed is how they raise their money. Either you're gonna raise money through what the two ways You got it right debt and equity The second thing is liquidity. You have more liquid in the public market. It's a bigger market Well, that's kind of changing in recent years as the public as a private market is becoming bigger and bigger and bigger The third thing is You have to be in an accredited investor versus just been a public investor Anybody that's over the age of 18. I think it's 18 might be even 17 nowadays But in most in most country we're not most country, but here in America. It's like 18 years old You have a social security number.  You can open up Stock exchange account. You can download app these days, whatever Purchase you some stocks sell you some stocks, right? easy day Versus if you say hey, I want to get into the pub the private markets Either you have the financial advisor that could get you into the private markets or you Know somebody can get you to the private markets. It's something that I need you So the private market it's a little bit harder and tougher to get into and you have to be an accredited investor I didn't I should have known this before the show But I don't want to put out bad information But if I'm not mistaken if you're single you have to make 250 I think it's about $250,000 a year over the last two years or if you're married couple $300,000 a year over the last two three years and you're going to have to Run those and you have to do it for the last two years I think you have to have like a million dollars or two million dollars in network not including your primary residence Something of that nature you got to be pretty well off They want to make sure you are sophisticated enough to be able to make an investment Or if you hold certain licenses if you're a licensed advisor if you're a registered investment advisory You are allowed to make Investments into the private market The big thing is the public the government wants to protect the public from anybody just jumping into something and saying whoa I didn't know I could do that You can see this happen where the government is trying to protect the people in the public by saying hey you can no longer purchase this doc or body stock because of What's going on right when we had the Enron scandal if you don't remember these are companies that came out and put out a Bunch of fraudulent reports stole a bunch of money from the people in the public So the government is trying to protect the people in the public who are just everyday people who are trying to invest their money to get a little bit of Get a little bit to do a little bit better get a little further ahead. It's what I was trying to say there Versus when you're looking at people who do not make those investments When you're looking at some people in the private markets is way the market is illiquid And we just talked about liquidity. It's not that much liquidity there Once you purchase something you may have to hold on to it for a while It may have all type of terms into it So the government wants to make sure you're not using your last dollar to get into this investment and that you also If you have these type of networks, you're a little bit more sophisticated than the average person So the public markets anybody can get into the private markets It's more sophisticated and it's set aside for the more accredited investor, right? So that's the second thing you have to have to The third thing I'm sorry the fourth thing the fourth thing is being your distribution Now what I'm gonna do before I get into distribution I'm gonna do a quick recap We're gonna take a break and then we're gonna come back and talk about other three So the first thing I told you ladies and gentlemen, how does it raise money?  Give it raise the money through debt is you are issuing a bond Or you may get money from a bank and the bank lets you borrow the money at an interest rates to pay I'm an interest rate to pay in bank versus if you raise debt Once you now, that's what raises debt But if you are doing it with equity, this is you are now issuing our stocks And you're giving people portion of your company either way. This is the way companies raise capital The second thing is liquidity. We talked about the public market is very liquid. The private market is very illiquid number four Accredited investors versus non accredited investors, right? An accredited investor is someone who's going out to go out and make purchases, right? I'm accredited. I want to go out.  The public market is open to everybody Private market is only open to accredited investors before a company becomes public. It's usually 90% of time private Private means just that it's just a regular company.  You are a private company.  One day when you decide the IPO, which is an initial public offering, you know When people go to New York Stock Exchange and they ring the bell and go ding ding ding and everybody said, oh Everybody's wrong about this new company that's coming on the market. That is the public market That's when you make your initial public offering your initial public offering my friend is when a company now is Available to the public anybody can go out and buy a public to trade a company a public to trade a company Could be something like Amazon or Facebook or Google or Apple Those are publicly traded companies of McDonald's household names that are publicly traded I'm trying to think of a company like Chick-fil-A Chick-fil-A is not a public to trade a company to the best of my knowledge unless it's owned by a group and that group Owns Chick-fil-A or something like that, but Chick-fil-A itself It's not a publicly traded company subway who heard of subway sandwiches I've never seen subway on a publicly traded market, right? So those are privately held companies. That's a big difference a big difference So guess what you can make investments into the public market, which is open to everybody But you can't not everybody can make investments into the private market Now we discussed earlier about how companies number one How money is raised in the private market in the public market number two We talked about liquidity and number three we talked about being accredited right number four How do you get paid in the private market? You're paid by distributions, right?  We're gonna purchase them all and once we purchase them all we're gonna turn around and sell them all I mean they're gonna turn around and Bring them together and then they're going to sell them and do whatever they want to do with them, right? So they may go out to sophisticated investors. They may hit up family offices. They may discuss family offices and say hey They may go to family offices and say the family offices could be something like Someone like myself.  Let's say I'm gonna give ten million dollars to this hundred million dollar fund You write a check for not I'm sorry. You don't write a check you sign an obligation. I'm gonna give you ten million dollars, right? So now whenever that fund needs money, it's gonna call you. They're gonna say hey Prince We're getting ready to go buy all these marijuana shops. We need three million dollars from you You're like, okay, no problem because I committed ten million dollars to you you write a check for three million dollars You take that three million dollars you in return go and do what? Right, you take that three million dollars In return you go and purchase companies, right? That fund goes out and purchase companies once it gets done with the money it distributes the money back to you, right? They may call and ask you for more money It may do things like that So I want to go too deep into it, but you're paid by distribution versus stocks How do you make money from a stock once you purchase that stock? You hope the value of the stock continues to grow and goes higher. I purchased it for three hundred dollars Hopefully it goes on up to four hundred dollars five hundred dollars may pay me a little dividend two totally different differences between the public market and the private market itself Number five a big reason why I know is a lot of companies stay public. I'm in private. I'm sorry Because you know companies start out private.  You have to turn in every day every time you decide to look to the left Look to the right. You need to turn in paperwork. I'm hypothetically speaking, but you have to do 10k reports I don't know all the reports name 10k reports Which are any reports 10k reports what accordingly reports if your board decides to issue a dividend you have to issue our report You know if your board decides to fire someone someone leaves the company Someone inside or buys more shares or anything like that. You have to do so much reporting You your companies are going over you as a fine to come Why because you have ability to take money from innocent people from the public Who are expecting you're doing the right thing? So you have the governor agency of the sec the security and exchange commission That's making sure you're just not Taking money from people and not doing anything with it Which has been done plenty times in the past. This is why we have a sec sec was formed out in golf into a tiring year, but sec was formed after the great depression It was one of those things that we can bestow the trust back into the market Because you have so many companies that come in and i'm pretty sure there's some out there now They come in they don't do anything. They just do something to raise money from the public Take innocent people's money from the public and then go out and do god knows what Burning me off, right? So the sec is that governing body. They don't go in and make sure every company is a good company. They just make sure The company has is legal Is it reporting is it reporting its financials is its financials accurate have the financials But they don't make sure the accuracy of finances don't Miss quote me on that they make sure you are reporting the finances They make sure you're doing the audits all those type of things, right? So that's the big thing that you're doing with the public market there and the private market itself So when you're looking at their private market people are wondering and they'll you know, um When you're discussing and looking at your private market, that's what people think things that people were taking to consideration Is being registered by the sec all the regulations you got to do versus in a private market It's a little bit more private only sophisticated investors can be with you But you are regulated by the 1940s investment advisors act So you still have regulations you have to go by it's pretty heavily regulated But it's nowhere near like the public market, right? So regulations are a little bit more tougher in the public market because It's seen as you're taking you you could be potentially potentially taking money from investors number six public markets When you purchase Netflix, I don't know what's going to happen with Netflix one day I don't know I don't know what's going to happen with Netflix one day. What's going to happen with Netflix one day? Um One day it'll grow up and it'll become a big company or it may not. I don't know what's going to happen There's really no exit strategy in the public market unless you are buying a company Make an investment so you're probably going to sell it one day as an investor But it's not really big exit strategies in the private market the exit strategies annotated at the beginning They're saying hey, we're going to go purchase this McDonald's This McDonald's is going to cost us a million dollars and it's generating five million dollars in cash flow We're going to take that five million dollars in cash flow. We're going to grow that cash flow from five million from i'm sorry 500,000 dollars. We're going to grow it from 500,000 dollars all the way up to 800,000 dollars And once we grow up to 800,000 dollars, we are in return going to do what? Take it from 800,000 dollars and we're in return are going to do what ladies and gentlemen Take the money from 800,000 dollars and we're going to sell this company We're going to grow it from 10 employees to 25 employees and we're going to sell this company So in the private world people go with the exit in the beginning and their mindset They're like we're going to take this McDonald's and we're going to buy three more McDonald's and we're going to close one of them And we're going to do xyz and that's how we're going to make things happen, right? So that's what companies look at as they go forward Right companies look at as they go forward they look at it and say hey, we can move at any time Right and what I mean by moving at any time is When we're going to take this company and we're going to build this company and once this company grows we're going to sell it Private markets. That's what they do. They come in with the exit strategy in mind in the beginning So let's do a quick wrap up before we get out of here We talked about it the difference between the private markets companies start off private they grow Facebook starts off in a harvard room a dorm room The idea grows they get investors behind it. They they acquire debt. They use cash Whatever they do they raise the company now it's this big social It's this big website that everybody's using has a million Followers and users on the page and return now.  Now you're raising money from the public You're more liquid people can get in and out of your facebook stock with ease Back when facebook was working in somebody's harvard Room, nobody probably knew it. Nobody knew how to get money behind it. People probably weren't sold number three, you got to look at the way that it Anybody could invest into facebook today, but back when it wasn't in a harvard bedroom It was hard to invest into Number four You're talking about how you make your money. You got to get distributions when you're in the private market in the public market You're hoping that stock goes up over time and pays you a nice dividend number five The public market is more heavily regulated because it has Investors that are not as sophisticated that they are in the private private market number six extra strategies private equity moves in with the extra strategy in mind in the beginning Versus the In the in the public markets, you look at facebook people just purchased it They hold on to it. Hopefully does great things into the future Ladies and gentlemen, hopefully you got a good introduction into the private markets and public markets Um I've been in the private markets myself to give you a little history for about their last year That's why I haven't been making a lot of content able to come to you guys and girls Like I usually would like to and want to do Because I've signed a lot of NDAs non disclosure agreements if you're not familiar with NDAs Things I can't speak about and talk about once while i'm doing my internship But once my internships in the private markets are said and done Then I can speak more about uh things into the public All right Well, ladies and gentlemen, that's going to be my time as always y'all know my name is prince dykes I'm the prince of investment until the next video podcast cartoon Or whatever else crazy you see me doing around the globe Make sure you go check out my book series made exactly they made perfect gifts birthday gifts They make good birthday gifts. They make good christmas gifts for your kids nieces nephews grandchildren In your next door neighbor kids the kids at your local church the kids at the ymca and the boys and girls club teaching kids about investing credit insurance Wesley learns to invest what's the learns about credit and what's the learns about insurance Until the next video podcast cartoon or what you see me doing around the globe. Please be safe. I'm out and thank you Thank you so much for watching think tech hawaii If you like what we do, please click the like and subscribe button on youtube You can also follow us on facebook instagram and linkedin Check out our website think tech hawaii.com Mahalo