Hello. Good evening, investors and attendees. Good evening from Beirut. I hope all are doing well. Once again, my name is Ali Hamadi. I am doing the Tick Mill webinar series for the introduction to futures and how they operate and the use for them in the marketplace. I hope everybody has had a good last couple of weeks since we last spoke and had the opportunity to have our last session. As a build-up into tonight's evening, once again, my name is Ali Hamadi and I've been in the financial markets for 18 years plus. I work for Merrill Lynch and a private investment bank and other investment firms throughout my career. I am providing this introduction series and webinar series for Tick Mill so that you have a better idea of how this particular product, this particular product and products are of use to you and your investment portfolio. That being said, before we get into tonight's section or series, we'll be discussing valuation and what the Tick value and pricing methods and how they're used for the products. The first series, if you recall, we were discussing on what futures are, which are an obligation. They have a specific expiry date and at that particular expiry date, which is the third Friday of each month, there will be in this case, in most cases, a cash settlement process. In the second series, we discussed the use of how futures products are used within the capital markets for hedging purposes and or speculative purposes. That being said, let's get started with tonight's webinar series. We're going to be discussing the value of futures contracts, the tick value and the valuation and so forth. The most important thing to know that we want to discuss and have everybody understand is that the size of the contract can have a considerable multiplying effect on the profit and loss or loss of a specific futures contract. Before entering the position in the futures market, it is critical that you understand how many price fluctuation or market volatility affects the value of your open trading position and consider the average price move for the contract and the corresponding tick value to understand the size of typical moves and its value. Now, as you guys, if you have been following in the previous webinars, I don't like to read slide by slide, I like to keep things informal and have more of a dialogue effect so that you have a better, let's say, informal understanding and conversation of what's being translated and what's trying to be transmitted information wise. Therefore, now that you know that it can move and swing heavily, either way, for or against your position, what we need to understand now is how to use them and you need to have a strategy based on your review and research on the particular commodity indices, whatever if it's interest rate related, there's a lot of hot topics going on in the market just like it has been over the last few a couple webinars and the last couple weeks. Oil is still a hot commodity. Gold is a still hot commodity. The indices, the interest rate is straight for a hike last week, 25 basis points. Jerome Powell from the Federal Reserve United States government has come out saying he most likely will increase rates, 50 basis points the next session to aggressively attack and try to combat the inflationary effect that's taken on in the economic situation within the global markets. Tick Mill provides you, based on this review and research that I was just now discussing, depending on the commodity and or indices and or whatever instrument that you will be wanting to invest in, they will provide you charts that give you a move, you know, the market that's been moving over time and you can use a demo account to find your comfort zone and understanding before entering a live futures trade. So you can open up a demo account, you can do some research on a specific, let's say, one investment instrument or several. Do your research, look at the chart history, try to figure out and look and see where things are moving trend wise where they have been in the past in similar situations and that way you will have a better understanding of gauging what type of, excuse me, what position you would like to take and partake in. Now the contract unit, it's a standardized unit and it's unique to each future and these are all based depending on which type of futures contract you're involved in. So it can be based on volume, it can be based on weight and or a financial instrument depending on the contract of and the underlying product or the market. And for this particular webinar we'll be looking at and discussing the S&P 500, the crude oil which is CL within the futures markets and gold which is the symbol for GC within the futures markets. Now I have pulled up, I'm going to expand for you here and I've circled and outlined a couple of specifics just so that we can understand what we're looking at. Now if you look at the top I have three lines underneath this particular column called tick value and on the far left under the contract column I've circled in this particular chart a gold, silver and crude just for us to take a look at. Now the specifications which is the second or third column over tells you what it's based on whether it's weight, volume or depending on the indices what it's what the specifications are. So for instance gold if you look at gold here circled in yellow each contract is based on 100 ounces each futures contract is based on 100 ounces of gold and then if you look at the tick value this is what we're going to be discussing this evening this means if you see the $10 sign over 10 cents this means for every 10 cents that means 0.1 move within the gold price each 0.1 value or 10 cents value is equivalent to $10 okay. If you look at silver for instance which is based on 500 ounces each 5 cent move in price is equivalent to a $25 move up or down. In crude oil CL each contract is based on 1000 barrels of oil and you can see here for each one cent which is 0.01 okay move in the price of oil crude oil its value is worth $10 so this is I want you to understand the magnitude of looking at this particular chart here not chart but spreadsheet is that don't pay attention to all of the noise that you see just focus on the things that I've circled and underlined for you so that you understand that the magnitude and weight of how fast things can move in these particular markets and how fast things can move in value because when you're talking about a 10 cent move in gold and we all know gold recently has been moving quite a bit due to the circumstances over the last month of what's been taking on geopolitically and the flight to safety and the interest rates the interest rate hike etc etc each 10 cent move represents a $10 value and we know that gold for the most part can have larger moves than 10 cents per trading day same thing for as I mentioned we'll get us focused on gold and crude and the S&P 500 in this particular webinar if you look at crude oil it's been extremely volatile you'll see a chart later in this webinar that each one cent move is equivalent to $10 in value moving down we have another chart here let me give my picture out of the way and let me expand this one for you a bit so you can now see now these are other particular as you can see on this particular spreadsheet there are lots of choices that one investor can make regarding futures contracts what they can engage in and the the menu is is quite vast if you look in the blue here the dollar index it's 1000 times the dollar index that's how the specifications are valued at and each one cent move is also $10 worth of value if you're into interest rates futures trading treasury bonds the treasury 10-year note and the treasury five-year note each one of them are a hundred thousand in face value and you can see here each tick is 130 130 1 over 32 okay is considered one tick and each tick is valued at $31 and 25 cents if we move on down now to the S&P 500 which is also one of the three topics that we will be discussing or three futures that we'll be discussing this evening the S&P 500 is 200 is the specifications are $250 times the S&P 500 index and if you look at the index you'll always see a specific number and I can give you the specifications now for instance S&P trading today currently right now is at 4508 and at 4508 spot 12 it's saying for each for each 10.1 point basically 0.10 points within the S&P 500 move and the index is worth $25 okay get that a little smaller move to the next one here you'll also expand this one for you I know this is a bit repetitive but I want you to see how vast the market is and what's available within these markets so you have the mini NASDAQ you have the mini S&P which will go here which is valued the specifications are $50 times the S&P 500 index and each 0.25 percentage points or each 0.25 points in movement a equator point move in either direction represents $12.50 and us dollar value just here if you get into the agricultural side I've just circled corn randomly it's based on 5,000 bushels per contract and each 25 cent move up or down represents $12.50 and us dollars up or down okay now this was just for illustrative purposes to let you know how vast the futures market actually is and we're going to go now into what we discussed earlier the S&P 500 crude oil which is cl and gold which is gc now the minimum increment move which means it's got to move for the value to actually reach its tick value the S&P 500 the increment move is 0.25 now I've taken the December 2020 2022 futures contract as an example and its price at the time of creating this presentation was roughly around 4,473 spot 75 points so if you look at now the 0.25 minimum increment each time we look at this here this particular price each time this number right here moves up or down 25 points 0.25 it's equivalent to $12.50 in value if you look at the crude oil December 2022 futures contract remember its minimum move is 1 cent 0.01 and its tick value represents a $10 us dollar equivalent and it's currently trading at the time of this presentation roughly around $92.70 so you again then again look at this point here sorry you look to the right of the decimal point each time this 70 goes up to 71 72 73 or 69 68 67 etc represents a $10 move in value gold which is gc the December 2022 futures contract remember its minimum increment move is based on 10 cents or 0.1 its tick value is $10 and the futures December 2022 contract price at the time of this particular creation of the presentation was trading roughly at $1,948.60 and then again once again we want to focus on just right of the decimal point so each time this 60 turns into 0.7 0.8 or 0.5 0.4 etc represents a 10 us dollar value now what we want to look at just so we have just for informational purposes it closed yesterday Monday March 21st the S&P at 44 61 18 it's currently trading at 45 1178 so you can see the move that it's making today it's up plus 56 plus 50.6 from yesterday and you can see now where the values of the tick come in remember the S&P value the minimum increment is 0.25 or 20 I don't want to say 25 cents but it's 0.25 value per $12 and 50 cents the crude oil at the time of the information at the time of this making for March 22 which was today earlier crude oil was trading at 110 and spot 38.5 crude oil right now is trading at 109 spot 78 so you can see a downward move since the time of this making so now you can also calculate what type of movement would have happened depending on what type of futures contract you would have opened at this particular time what it would be doing within your particular portfolio. Gold at the time of this presentation making it today was trading at 19 24 83 currently gold is at 1980 so you can see you know a $5 drop remember gold if we go back and we look and see how gold is valued its tick price its tick value for gold is $10 per 10 cents so if you're looking at $5 you can now see what type of movement gold is providing and what type of value add or value loss profit or loss ramifications would have within your current portfolio. Now getting into this particular chart here which I'll expand for you this here is crude oil spot okay earlier today earlier today it was trading at 110 45 like I said now it's trading at 109 78 but if this is what I mean by doing your research looking at the charts this here is the month of February this is the beginning of the year this is prior which was trading in its range plus or minus between let's say 60 to $80 and then it started creating this this uptick on the geopolitical tension on on talks that obviously the sentiment market made their move and then when action was taken you can see the volatility that it created and the ramifications that it would have on futures contracts depending on which side depending on your portfolio first and foremost what are you doing if you're speculating and we're hedging if you're speculating you got to be very very careful and if you're hedging you need to which we'll discuss later in this presentation on how much you want to protect do you want to protect 100 percent of your portfolio or do you want to protect a specific percentage of your portfolio in these volatile times but you can just see in the month of March the wild swing that it's had where it's gone all the way up to a little closer of about 130 it's come all the way back down into the mid 90s and now it's back up to 110 and counting if we look at the May 22 futures contract price which I'll expand for you as well just for informational purposes is trading earlier today was trading at 108 spot 77 knowing that the price is slightly above that so you when you're looking at the price differentiation we mentioned last webinar you got not only just time value of money but you have cost of carry when you're dealing with commodities you have cost of carry you're talking about housing and storage you're talking about insurance you're talking about transportation these costs are all related and insulated and included in the price of the contract so this is why you'll see a price discrepancy between an actual spot price and what the time as time spreads out the difference in valuation of what the futures contract is trading at so this is the March sorry this is May 2022 is a crude price if you wanted it and then if we go down here you can see this is the December 2022 futures crude oil contract which earlier today was trading at 92 spot 39 then again it goes back it's dropped why well you've got from now till the end of the year and then again it goes to those different calculations the formula used when it comes to the cost of carry housing it delivery insurance etc etc those are all priced in the contract and then it gives you the price that you're looking at for as time goes on you minimize this so we can have a look see there we go now these are simple assumptions and valuations just to keep things simple we've discussed earlier in this presentation what tick values represent for specific items for within the futures markets from gold oil to indices we I even circled I even circled others for us to take a look at such as silver corn and agriculture the dollar indices and the interest rate markets etc etc but here's a simple assumption and valuation to provide the notional value okay so what what do I mean by this you take the contract unit times the contract price we'll give you the notional value contract unit is how many contracts you're going to have the contract price is the price that is currently trading out in the market and this will give you a notional value so for instance in a very simple example knowing that gold is not trading at a thousand but in this example if you have one gold futures trading at the price of $1000 and the contract unit is based on 1000 ounces sorry 100 ounces the notional contract value is calculated by multiplying the contract unit by the futures price so you take one contract times the is 100 ounces times $1000 which would be the price if that were the price would give you $100,000 if you were to take one futures contract of crude oil and if it were trading at 100 we know it's slightly trading above but just this is again a simple assumption the contract unit for one futures contract in crude oil is 1000 barrels so you would take the price of where it's trading at in the market in this instance or assumption $100 times 1000 for the 1000 barrels would give you $100,000 if you were to take one e-mini S&P 500 contract and if it was trading for instance at 2120 we know that the S&P 500 is trading currently now at 45 plus or minus 100 the multiplier for the the multiplier the specification for the E S&P 500 contract is $50 so you take $50 times the price of the S&P 500 and it would give you the $106,000 value now if it's trading almost double then you're looking at $212,000 but I'm just trying to keep things simple so that you can understand where the notional value comes from because I'm going to explain this here where we're going to determine how to use these contracts now if you remember the last webinar I was discussing you have speculation and you have hedging and hedging is used more so by larger institutions by larger portfolios for protective purposes so that excuse me if there is a position that for whatever reason they don't want to or can't let go of but they need to protect then they go into hedging mode from a speculation perspective if you're a retail investor and you feel the sentiment is moving one way or another to your liking then you're able to take a speculative position but you need to understand the ramifications based on each we're talking little bitty movements in price you're talking maybe one cent we're talking maybe 25 cents is equivalent to quite a bit or quite a sum of us dollar value and if it moves quickly you can then start to understand how it can add up and or induce heavier losses so from a hedging perspective if we look at it you have a 10 million dollar equity market exposure equity markets means stock market they could be in the s&p 500 in this case it is the s&p 500 that I put here but it can be the nasdaq it can be the new york stock exchange it can be any indices okay when it comes to the equity market or stock market but in this particular case how would we use a hedge for larger portfolios to protect positions that you may not want to let go of or you can't let go of for a particular reason so if you have in this case a 10 million us dollar equity market exposure or portfolio and within the s&p 500 how do you calculate the hedge ratio how are you going to know how many contracts that you need to protect yourself this goes to how much protection you want so let's just assume that I want to protect my particular position 100% meaning without fail regardless of what happens that I'm going to win on one side but I'm going to also when I win on one side I'm going to lose on the other and I'm going to have a net net zero but I still end up keeping my position okay head ratio is equivalent to the value at risk in this case 10 million dollars divided by the notional value which I just described in the slide earlier in this particular case the notional value that we used was 106 thousand dollars for one e-mini s&p 500 contract so now you have 10 million dollars in this particular portfolio that you want to hedge or protect you divide that by the notional value of 106 thousand and your head ratio comes out to 94 spot 33 so it's approximately let's just call it 94 contracts so if I wanted to protect this 10 million dollar portfolio exposure within the s&p 500 I would need to take out 94 contracts and I would be able to protect this particular portfolio 100% in theory now depending on the institution depending on the investor depending on the situation sometimes when they take hedge positions they may not hedge 100% sometimes they may only want to hedge 50% 60% etc it's up to the financial manager it's it's also determined by the financial investment policy of the institution of what they can or can't do when it comes to the retail investor it's up to that actual retail investor themselves to determine exactly how much they want to protect if they want to protect themselves at all to any type of movement against them and once you come up with that percentage it's easy to plug into this head ratio and say okay if I want to protect this particular position then instead of taking out 94 contracts I would take out 47 contracts basically you just take half now you've protected half your position within this particular example the key takeaways now what I want to make sure everybody understands is that futures contracts are not simple instruments they are if you understand them they are if you've done your research and they are if you know what you're doing but this is not something to play around with if you're not 100% certain or understand what you're doing because the movements can be quite big the swing can move for against you quite quickly and in big amounts now in the upcoming webinars that we'll be having from next week moving on forward we'll be discussing the initial margin you know we were discussing in previous slides $100,000 for gold and $100,000 for crude and $106,000 for the e-mini S&P 500 does that mean you're going to have to come up with that much notional value or notional money to actually get involved in that contract no this is where the margin comes in so you would have what they call an initial margin requirement which will be a percentage that you could take out on this given example I'll be able to get into more detail in the future webinar of the series of what the margin requirements would be so let's just say if the margin requirement were 10% on 100,000 then you could partake in a $100,000 notional value futures contract at the price of $10,000 within your portfolio and any price movement that takes place within the market obviously will affect your position so this is where hedging can come in and or depending on your sentiment based on your research based on the trend based on what's taking place in the market like I said there's a lot of movement there's a lot of noise there's a lot of uncertainty based on the recent interest rate hike of 25 basis points last week talks of 50 basis point rate rate hike in the upcoming federal reserve meeting and then after that you've got the crude oil which is volatile still based on the geopolitical tensions and issues going on between Russia and Ukraine and then you also have the going back to the interest rate you're talking about you know the treasury markets what's happening now with the treasury markets inflation is at an all-time high in the US and Jerome Powell the Federal Reserve Chairman of the United States is hellbent on tackling inflation I mean I just read a report today that their concern right now is less focused on the job and labor market and more focused and more driven towards tackling inflation so that it doesn't get out of hand in my opinion this is not advice in my opinion it already has left the building inflation is already at an all-time high and if they're going to take this seriously like I read today then we can see another 50 basis point rate hike coming up in the next announcement but after that between now and years in we could see another maybe 100 basis points plus or minus so those will have ramifications on what on the actual equity markets on the interest rate markets and then depending what's happening with the geopolitical tensions between Russia, Ukraine, Iran and China and the region there are a lot of moving variables at play that will affect these markets in a volatile way so this is goes back to one of the early slides of this presentation it's extremely important to understand where your interest lies Oishi so the key takeaways the ability to find the direction you know what first of all what it is that you want to invest and trade in with futures Oishi Tanishi within the direction is what's your sentiment based on the research the research is your sentiment bullish or bearish then you decide how much you want to partake in understanding the value or the tick value in price movement and what type of effect it will have and a dollarized amount to your actual portfolio second when to enter the market you have to base your strategy first and foremost on which particular segment you want to enter in is it indices is it interest related is it commodities etc etc from there when do you want to enter the market no one can time the market perfectly it's impossible to say when the high point is and when the low point is on any specific stock commodity agricultural interest rate linked instruments it's impossible so you have to understand where you feel confident and comfortable as your entry point when you want to take that position based on charts that are available through TIKMO you'll be able to look you can go back you'll be able to see when can it in the future 30 years 60 years 50 years 10 years when can it by then you can also do research based on similar let's say crises that are in the market now and is regarding inflation and interest rates are of interest to you inflation is now at its highest point to the united states within the last 40 years so 40 years ago and take a look at what happened and what the Fed did at that point in time and see if this is something that you're able to find your direction based on your strategy when you want to enter and then this leads us into the third point no win to set your stop loss you have to know and accept that you're not going to quote unquote win every single time it's not possible but if you are if you understand what you're getting into and you understand direction at for the most part you have a good pulse on Shambassir Basu Kamena it can also go against you so you need to know when to cut your losses the market the market the market never never never will respond to your wishes regardless of who you are you can go to bed thinking man I need the market to move up I hope it moves up the market doesn't care about you it doesn't care about me the market's the market and as long as you understand that and that you understand that you are one of many players in the market and then you understand when you're able to accept and cut losses and move into your next trade then you'll you'll be a much better trader and have a much better pulse on the market from past experiences then leading on to the last takeaway don't be greedy greed is muffy and look greed is greed and it runs across all sectors of life and we all know what greed can do to people um in any context shape or form that's when we're talking about in the market specifically itself when you take a particular position and you see that particular position um titler or enter you've taken a bullish position and you're seeing your portfolio increase in great amounts you've got to have the discipline to say this is my time to get out okay you have to have your exit on profit as well not just a stop loss but you have to also have the confidence and the discipline to understand that it's not going to continue moving up for you until you decide to get out or until the expiry date of your particular future and at the same time if you're bearish it's not going to continue to move down for you the whole time way down so know when to cut your losses and know at the same time when to say okay this is my exit point it may go up another a good few ticks a good few points you have to understand I've I've taken my profit you go back you go back to the drawing board you put your pulse you put your research into what's taking place in the market at that particular time and then you recycle and you repeat and you keep going through the same steps what direction you got to move in in which particular sector make up your mind do your do your research on the charts have a good pulse on the market take your position and then from there say okay there's my loss I'm willing to accept on this particular position fiat kuhn hon and I want my gain here is an islet actor you're going to say I'm glad I had my stop loss is a toilet actor that's opportunity cost that I've lost out on but at the same time you're still profitable and then you do what you repeat go through the same cycle and keep moving on faster not only last and but not least just a simple quote from john c bogel he was basically he founded and was the CEO of the vanguard group which is a very large financial firm mutual fund from the united states very plainly put as vanguard and his famous quote is don't look for the needle in the haystack just buy the haystack okay so if you put that in context of how this relates to futures he's talking about a specific if you want if you're looking for the next let's say apple or microsoft in a particular stock and you know which indices index it's trading in he's saying go ahead and buy the whole index which you can do through either mutual funds etf cfds futures as well plus in a broader context he's talking about if you know which direction you're moving at whether it's an agriculture whether it's in commodities whether it's an energy whether it's an interest rate related futures or indices related futures and you understand okay when's the next move coming take your position and be confident in the research that you've done okay there's going to be a lot of talk there's going to be a lot of chatter about what to do what not to do for every article that you read about a bullish xyz you're going to find the same amount of articles that are bearish on xyz so who are you going to believe who do you trust you have to first and foremost do your own research go back to looking at charts i'm not i'm not i'm not saying being a technical trader i'm talking about for futures themselves they have a very specific purpose in the markets they are complex and they can provide lots of added value if you're able to understand how to use them so with that being said this was this concludes today's webinar on the valuation of of futures contracts we discussed the s&p 500 gold crude oil i gave you a spreadsheet as well that i highlighted on others and i'm opening up now if anybody has any questions please go ahead and send them my way so that i can give you some some answers if i have the answer and we'll go from here any questions okay so no questions going once going twice all right jamia thank you again for your time happy to speak with everyone again here here comes one you're very welcome thank you jennifer thank you for listening hannah you're also very welcome thank you for listening and everyone else and if you have any questions please don't hesitate to get in touch with tick mill they'll be able to direct you direct you to my email if you have any questions for me directly i'll be more than happy to help and assist we want to thank tick mill for having me and tick mill as one of the fastest growing and leading trading platforms as they expand in the futures market and my role in helping them helping you the investor understand how they are of use once again thank you for your time and we will meet again next Tuesday inshallah and continue our webinar series on the introduction to futures and how they are used within the capital markets thanks again and to spotluck it


Question is from Trevor Wei, 16, what foods do you think are most wrongfully demonized and what foods do you think are overhyped? Oh, wrongfully demonized is easy, red meat. That's a very easy one for me to point out. Oh, I was going to say butter. Not well. It used to be, but maybe not as much. That's a good one though. Eggs, yeah. Red meat, for sure. Here's a deal with red meat. It's the most nutrient dense meat, animal protein. It's extremely nutrient dense. You could actually get away with just eating red meat for a very, very long time. It's got a very high source of creatine, which creatine has been shown to not just benefit athletic performance, that's obvious, but it's also been shown to benefit heart health. It's been shown to benefit brain health. In my opinion, in the next 10 to 15 years, they're going to recommend creatine to everybody, including kids, because it's been shown to have so many amazing benefits. Red meat has been shown, some people say, oh, the studies show red meat contributes to some colon cancer, this and that. First off, the increases are tiny, and they tend to not control for processed red meat, salamis and sausages and those types of meats, which processed meats are like other processed foods.  If you look at the average American, and you say, oh, all these people tend to eat a lot of red meat, and you don't control for what kind of red meat, where do you think most Americans get their red meat from? Burgers.  Most people are not getting their red meat from healthy quality sources. Yeah, grass-fed, grass-finished. Yeah, or steaks. Exactly. So red meat, for sure, overly. Yeah, no, I'll keep in the red meat, because I do see that a lot. That's the new target, number one, and because there's so much interest in being able to solve all these massive global issues, whether it's environment, whether it's space on the planet, whatever it is, there's a lot of interest there. So they're already creating these fake meats besides the Beyond Burger and all these types of things. They actually have these 3D printed steaks now, which I saw the other day somebody pointed out to me, and it's going to keep being a thing. And what's going to make that relevant is to demonize red meat. It's this massive push to push us off of consuming red meat so that way we can adopt this new franken meat. Yeah, and again, the problem with controlling for these studies is most people who eat a lot of red meat are eating a lot of burgers, a lot of sausage, a lot of not as good sources. But when you look at the better sources, God, you break down red meat, again, it's the most nutrient dense common meat that you can find. It's got almost everything that your body needs, so completely wrongfully demonized. I agree. I like the butter and oil thing too, though, because I feel like it hasn't even been that long in my own personal diet. Did I begin really using a lot of butter and oil because I come from the generation of low fat and oil and oil. You think of me like heart attack, if I see some of you slathering butter on everything. Right, but if you're somebody who eats primarily whole foods and you use oil or butter to make your vegetables taste better, God, it's amazing. What a great example too, because here's what happened with the hysteria around butter. People stopped eating butter and they replaced it with... Margarine. Vegetable sourced fat oils that tasted like butter because people like butter. So the demonization of butter resulted in worse health because then people started consuming these partially hydrogenated oils like margarine, which we were told is better because it's not butter. I can't believe it. And now we know for a fact that those were bad. They're not just worse, they're bad, and so that's the problem. Same thing with red meat. The demonization of red meat is going to cause people to eat foods that are bad for them. So, yeah, wrongfully, totally wrongfully.  Oh, I got a good one.  I got a good one. It's overhyped does not mean that this food is bad, it just means it's overhyped. Fruit. I think fruit is totally overhyped. Anytime you see somebody, a study talk about a healthy diet, they talk about lots of fruits, vegetables and nuts, but when you control for just fruit and you cut out the vegetables and other stuff, it's not, yes, there's some nutrients and fruit that are good and it's not bad for you, but I wouldn't put them up there with the healthiest foods that you could possibly consume. They tend to contain a lot of sugar. We've modified fruit to become these calorie sugar bars. I'm going to agree with you if it's anything except for berries, because if it's blackberries, blueberries, strawberries, raspberries, it falls in the berry group, the bang for your buck nutrient-wise is phenomenal. The fiber, antioxidants and the calories that you consume in that, I still would consider it anything, but everything else, pears, bananas, grapes, I mean, all the other They got cotton candy flavored grapes, bananas, have no seeds in them, I know. It's like they turn it into candy. Look, you just wait to the point where if they could breed blueberries to become the size of apples, you'd start to see that too and then it would lose its total value. I think like, is whole grains still a thing?  And, you know, let's be honest, like, what are you really getting from that? Like a nutrient-wise and then also like how much you have to process it just to be able to digest it. So I just, I don't see a whole lot of value in that. I find other carb sources a lot more valuable if I'm like looking for that, you know, type of nutrient. I would throw sugar-free substitutes in here also, as far as overhyped. When we look at the research on does it help people actually technically lose weight, even though it's zero calories, everything points to that it doesn't. No, because it just, people eat more. Right. So if, you know, why go through this whole idea of, you know, eating this artificial sweetener in pursuit of not consuming more calories when all the research is showing that it's not really helping. You want to hear an interesting study around that? So the vast majority of people who consume sugar-free products are consuming a beverage. It's typically soda by far, right? Soda, you know, artificially sweetened, you know, zero calorie sodas by far make up the vast bulk of the zero calorie artificially sweetened products. Right. Wouldn't you guys agree? Yeah. Those products are almost never consumed by themselves. It's almost typically, typically people are not consuming a diet soda and not having anything else with it. They're typically consuming the diet soda along with French fries, burger, pizza, or some other, you know, higher calorie food. Well, they just showed a study that showed that consuming artificially sweetened zero calorie beverages and then following up with a high carbohydrate, whatever, whether it be French fries or popcorn or something else actually changes the way the body processes the carbohydrates and could encourage, the study said, could potentially encourage insulin resistance. So it actually is a bad combination.  You might actually combine the two because what happens is you're sending a very powerful sweet signal to the brain. Artificially, sweetened products are far sweeter than sugar sweetened products. That signal goes to the brain. The body anticipates X amount of carbohydrates or sugar doesn't get them, but it operates as if it's going to get them. And that's the theory behind what's going on. I have a food group that I think is underrated, which I think that, you know, not till recently, and we do address this. Yeah. What did you guess? No, this is not going to sound right coming out of my mouth, but no mushrooms. I feel I feel like I've listened to so many different podcasts and like watch documentaries and just like we are just not utilizing the benefits of of mushrooms enough. Like you talk, you listen to somebody like Paul Stamets or Tarot, who's like the head of Forcigmatic. And that's kind of what led us into that there's medicinal value, but there's also like digestive value. There's lots of like values nutrient wise that we get like solely from mushrooms. What a great, great point you just brought up. Yes. And you know why? Because people consider mushrooms to be part of vegetable family. That's a zone category. Yeah, it's not. It's not. It's totally different fungus. It's a fungus. So what ends up happening is somebody's like, oh, I'm eating healthy. I am eating, you know, a couple of servings of vegetables every day. And they don't consider that mushrooms are separate. If you look at all the ancient health practices, Chinese medicine, Ayurvedic medicine, mushrooms are always a part of them. They have lots and lots of health properties that are unique to mushrooms when you compare them to other food groups. So I love that you brought that up. I think that's a that's a very big one.


So what I realized in another way that I'm reducing the failure rate is when the next crash happens, which is inevitable, it's going to happen, I'm spreading this message of what I learned through the crash, which is closings happen every single day, regardless of what the market does. No market condition can take away the fact that closings happen every day. What's up, everybody? Vicky Kreet here with the half-per-past agent moment. All right, the energy is actually crazy insane. This is super amazing. Nice to meet you. So I've been following you for a little bit and everything. I love the stuff that you do. Yeah, you're doing great things. Yeah, man. I'm trying this. I started cold calling. My wife also doing this just because of you, because it feels so simple. Right, right, right. I'm not asking for any sale. Like, okay, I hope you. Walkout song comes on. That's when you head up on stage. Okay. Is a superstar solo agent working on his own easy by only a part-time assistant? Vicky, Karoo. Hey, if you're excited to be here, make some noise. It's about the people, the relationship, because I realized if I were to maintain those relationships through the crash and help them through the crash, I would have sold them property. They were still buying and selling at the bottom. Selling bad assets, buying new good assets. It doesn't matter what the market is doing. I learned that business is unlimited, completely unlimited. Competition doesn't exist. Forget competition. How many people are you going to talk to today? How many people are you going to connect with today? How much effort are you going to put in today? What's up, guys? Ricky, you're the man, man. I hope that they walk away with the fact that, like, competition doesn't exist and that they can truly succeed if they really want to. And that this business is so simple. Agents are going to come in here. And we're just going to add, they're going to ask me questions for about an hour before hopping a plane. But, uh, man, that speech, that was probably the most energy I've had on stage yet. I'm crashing. Do you see a crack? Do you see, like, a smoke? Who cares? I'm just asking. Have you seen my coaching program and strips and stuff? Holy smokes. It's all right there. Are there videos of me making calls, phone strips, everything, right there. XirterDiamond.com. It's all there. Free. I'm not worried. I'm not sitting around worried about how to sell this listing or if this deal's not going to work out or if they like me or what they think about me. I'm just not worried about anything. So it puts me to say where now I'm mentally freed up where I can go get more. See what I mean? I'm not worried about the 20 deals under contract, the 40 listings I have. I'm worried about whom are going to help now. Those people are helped. That's done. See what I mean? How do you service all that? Not much of service. The buyer wants to buy the seller wants to sell. You negotiate it. You call about the inspection report. The buyer wants to get some repairs. You want to do them? No, okay.  You know, it takes five minutes to go through your under contracts and paintings. If you have 20 deals under contract, it takes you all morning. That's okay. You know what I mean? Go 20 deals under contract. See what I mean? The problem is you got one or two under contract and then you're letting that take up the same amount of time that I use on 20 deals under contract. Because I'm not worried about if they're going to sell, when they're going to sell, what they think about me. See what I mean? I'm a real estate agent that helps people buy and sell properties. See that's part of the problem I think with a lot of agents. They get the listing and then they try to figure out how to sell it. It's like just let it sell. You know what I mean? Like let's go get more listings and help more people. We've already had the conversation with that seller of like what price, why they want to sell, what their motivations are. We've already made the game plan for this seller. Now the market is the market. We can't control the market at that point. You know what I'm saying? And so we just got to let the market do its thing. See we don't have any control when that listing is going to sell. You know what I'm saying? We don't control that. We can only control what we can control. What am I going to control? Going to help more people. I've already helped him. I told him what the market was. He made a decision on what he wanted to do based on the information I gave him and the advice I wanted to give him as a professional agent. And then he made a decision on what he wanted to do. That's done. That deal is done. Now it's time to go help somebody else. And forget about that one. Let it happen when it happens. You know what I mean? Everybody's trying to tell us something. Especially when a new agent, all the coaches, all the crawlers, they're like, I'm going to tell you this. You're going to be successful. Because I generally want you to succeed. That's why. We only have the same amount of hours in a day. You have the same amount of hours as I do. As Brian Sirhint, as Grant Cardone, as Danny Kerry. We all have the same amount of hours in a day. You know what I mean? And when you think about that, it's like, well, I can talk to more people than anybody else. We all have the same amount of time. I'm going to beat everybody in terms of how many people I'm going to talk to. The daily routines are literally where I'm at. And the 430 was in addition to what I was already doing. I was like, where can I find another hour to produce? And I was like, oh, nobody's following me at 430. So I decided that was going to be my extra hour to outwork everybody. And that's what's going to take me to even higher levels.  And all I'm doing is talking to one or two clients a day. I mean, just the numbers don't add up, right? So what you need to do is control your business. Don't let it control you. So when someone wants to talk to you for a while, that's fine. Now you know they're a talker, a little talky too. Now what we're going to do is when we're supposed to make our calls the next day and we see their call coming in on the caller ID, delete, deny, and we'll call them back when we get through. So we'll start time blocking those 30-minute conversations of the talky tubes. You know what I'm saying? Start controlling your business. Don't let your business control you. The days that you have that people are just, you know, meaning, say or ignorant to you with that.   I might finish my call session and say, you know, it didn't go great, whatever. The thing is, is I don't care about the results. I just want to make the calls. I don't care if a hundred people hang up on me because I know tomorrow five people are going to do a deal with you. I don't care about the results. I just want to do the work, you know what I mean? But I know where you're going with this. The thing is, you need to get a lot of sleep, drink a lot of water, shut your mind off at night so you're recharged every day. So you don't have those down moments. But then if you do have a bad call session, just chalk it up. If you're going to do it every day, one bad call session out of 30 is normal. You know, like be really happy that you had a bad call session because we got that one out of the way.  I'm a single agent, but my team consists of a title company that I've used for 10 years. A mortgage guy I've used for 10 years. You know what I mean? I have a professional photographer. I have a handyman that knocks out all the inspection items. Everything is just like, boom, it's just so easy. You know what I mean? And I think that that's a tough question when you're starting out and you don't have the infrastructure in place. That could be an interesting debate. But as far as me, if I'm seeing it now, I'm in real estate in New York City. I see a lot of wealthy people. They're moving from New York to Florida because of taxes. So these are high net worth people that started their business in New York and are doing it. When they get that tax from people that own property, $5 million and higher, the thing is that's an opportunity. Network with agents in Florida make it happen. Start sending referrals to people that want to start cold calling people and say, Hey, do you hear about the tax? Start cold calling people that have properties over $5 million and say, Hey, you want to move to Florida? I got an agent for you down there soon. I'm saying you want to help us succeed because the failure rate is super high. We all know that getting a real estate license is super easy. Yeah. What is your two, what are your two cents on education over experience? Because I'll tell you this balance. When do you start prospecting and telling a buyer or seller that you are a professional when you just day one, day negative one, call your sphere before you get your license and say, Hey, I'm getting into real estate. Do you have an agent you're going to use? If you ever do anything, I'm not, I don't care if your buyers, I'm not trying to get you to buy or sell anything. I'm just wondering if you have an agent and if not, give me all your contact information.  As soon as you get your license, start calling for sale by owners, expire, circle prospecting, hosting everywhere. Like you start the process immediately and then you learn as you go, right? But a lot of people go to these seminars and never sell a house. They go to every seminar in the world and they never sell a single property. Don't be one of those people. Okay. What we want to do is get the education that we need to get to a certain point. That's why I try to make my presentation very simple. We just talk to people. We have the best intentions and we build a brand. That's it. It's not super complicated. Now you guys never need to go to another seminar ever again in your life. Just go do what I said. See what I mean? And that's how I was. I went to a couple and I realized this early on. I never went to another seminar ever. I'm too busy trying to work. I'm too big. I have to leave work or I'm trying to sell stuff to make money and I have deals going on to go to a seminar to learn stuff that I already know. Maybe you'll pick up something. I don't need anything else. I'm trying to close these deals and make more. See what I'm saying? Has this been a good breakout session or what?


Hi, I'm from the 1920s where I spend most of my time socializing with flapper girls like the one you see on the chasing leaks 5k logo And I'm the old worn out flapper in your toilet flapper girls with the it girls of the 1920s They were hip and new chances are I've never been replaced since I was purchased It's been a long hard life Flabber girls love dancing to jazz music. It was the bees knees. I make your toilet run for no reason It's like having a swarm of librarians in your bathroom all night long. Can't really dance to that Flabber girls were known for their style and fashion Overtime my edges weak and grow wavy. It's why you can never form a tight seal causes that annoying leaking I break the seal. That's never cool. Don't hang out with this worn out guy Hang out with me at the chasing leaks 5k to raise awareness about fixing easy minor household leaks Like that guy Sign up for the chasing leaks 5k at www.savefortworthwater.org Sponsored by the city of Fort Worth Water Department the Fort Worth Runners Club and the Environmental Protection Agency for fix a leak 2016 because the only thing that should be running in your home is you


Hi, so this is the word of the day layer, L-A-Y-R, all small. So please mark your attendance. The word is layer, L-A-Y-R, all small. I hope everyone has noted down please mark their attendance accordingly. I'll head to the next session. If someone has missed then they can refer to the recording of this session. So now we'll quickly have a look at two of the new views which are introduced in version 2.34 and above, the split view and the timeline maps. So basically when you are dealing with a relative period, you're able to split the periods into an individual view for each of these periods. So in this split view, you're able to see the data individually for each relative period which you have selected in your period that you were creating your map. So through this view, you're able to see the data for each of the month. So in May 2020, this was the coverage of BCG for the set of districts in training land. In June 2020, this was the coverage. You could see there is a value which is in the invalid range which is greater than 100%. So this could be logged into to just check the quality of data which has been reported. So you could create these split view charts and they can also be added on the dashboard. So let's quickly see how we can create a chart with split view. So I'll just refresh the canvas one and I'll click on add layer, select the magic layer. I'll select my indicator and say BCG coverage. I'll go to my period, relative, I just select last six months. And then when you select a relative period, you see that there are options available to select the display periods. So single aggregate we just saw it shows you the thematic layer as it is for one specific view. So you have a single view, then you have timeline and then you have split map view. The split map shows you individual view for the periods which are selected. So I'll just select split map views here. I'll go to organics and select training land, click on district and remove region. And since I have already selected my BCG coverage that has a reassigned legend for API coverage. So that gets automatically selected. So I'll just check my settings again. So I selected BCG coverage period last six months as a split map views organics at the district levels and no changes on the filter and the style and I click on add. So since I had selected last six months, so I should get six views one for each month, which becomes part of my last six months relative period. Okay, so this is how you can create your split view map where you can get individual information for each month. Okay, now you can also convert this view into a timeline view. Okay, so now what you see here is individual snapshot of each month for which I had created this map. But then there is also another way of showing this particular data is in form of timeline, which is kind of sort of a video presentation, where you kind of see the timeline moving and the changes in data happening over that time to the timeline view. Okay, so for using the timeline, you select timeline here and you can update your layer. So this will convert the split view into timeline view and you see a play button below. So when you click on that button, it will start moving from one month to another and it can kind of show you how the data was transformed from beginning from November. of 2020 to April of 2021. Okay, so you can play this. Again, if you want to, you can add this on the dashboard on the dashboards you get display functions, so you can see how the data has progressed in the last six months for the BCG coverage, and then you can compare things accordingly. Okay, so this is how we can use the split view and the timeline view when you're creating a map, preferably for the relative periods because you have multiple periods which will get updated over time so it's better to use relative periods there. Okay. Then the last thing that I wanted to cover was the bubble maps. So, for example, with this COVID pandemic, there were a lot of use cases coming where different types of visualizations were used to show on maps and bubble maps was one of them which were kind of showing you the proportionate number of cases coming from each geographic locations and based on the proportion it was showing these or decrease in the size of the case load through that respective bubble. Okay, so let's try to open an existing favorite from the bubble map. Okay, so let me look for the sample which I was trying to do. So here you see that there are different bubbles available here and the size of the bubble is proportionate to the cases which have been reported. Okay. So in this way you can plot wherever you want to have similar cases going to plot the case load for specific diseases. So then you could, this is an example of course you can apply to this case as well. And then you could see that the number of cases or the data volume reported is kind of proportional to the size of the bubble which you see. So, now if you see the selections which we made here were the it is identical to how we have been using them the selections before for data so we selected our indicator. The period as this year, organics at the district level, there was no filter needed, but the style was changed to the bubble map. Okay, so had been a poroflet map if I change this, then you see that it kind of shows you the volume of cases as a flat distribution across districts so there are no proportion involved here. You can only see by the color that which are the districts which have high case load, which are the districts which have low case load. But if you change this to a bubble map, then it kind of gives you a more proportionate way of showing the data in terms of both the color gradient as well as the size of the bubble to kind of make you easily see that what are the districts which are contributing to a higher malaria case load and what are the districts which are contributing to lower malaria case load. Okay, so this is another way where you could utilize the data from a conventional heat map but using the bubble map to see the proportionate set of information. Okay, so this was the last two exercises that we left one was to look at the split and the time and view and the other was to create a bubble map. So let's quickly take 10 minutes and review those exercises, and then we can take the final questions and close to this session then.


One, two, three, go! Last night's home and this morning's home as well. Just above Fort Bragg, off in the distance. We're just driving up, looking for a good place to park. So all these people parked on the side of the road and decided to join them. So this is one of my favorite spots I found so far. It's pure ocean views, like from left to right. So I'll try and put a GPS link in the description so you can see where this is. But also, my neighbors over here told me about a website called freecampsites.net. Yo, thanks for the recommendation on the website. So if anybody is looking for a free place to park, safe place to park overnight, you might want to check that site out. Josh, you ready for some redwoods today? Sleep. No, you're up editing all night? Yeah. That's called dedication, folks. I know Cody's ready down there. He's on the phone. I think he's chatting with his support team, his motivational support team to get pumped up, pumped up for these redwoods. So let's do it. Today's toothpaste.  I've been doing this cinnamon, Dr. Bronner's, which has been pretty fun. But I'm going to try out this other one. They both taste like candy, I swear. It's like the best tasting toothpaste I've ever had. And it's eco-friendly, so I don't feel like, I don't feel bad about spitting this anywhere, like right here, next to the ocean. Delicious. If it wasn't toothpaste, I would swallow this and eat it. Big pads are smoking. We are back at the Peg House in Legget, California. We are stopping for a little lunch. Also, last time, if you remember, we talked to the owner, Gary, super nice guy, who invited me down for these concerts. This is a concert area. I think it's Saturday evenings, possibly Sunday days. And we all got some burgers over here. It's supposed to be some amazing burgers. Just wanted to let you guys know we're eating good. We got these Aloha burgers with pineapple on top and my napkins are going away. So I'm going to go get those. Oh, thank you. Anyways, let's do the first bite. Let's see if it's everything and then some. I'm making a huge mess by the way. It really is red though. All right, so we just pulled off the road just to check on somebody. Looks like he's passed out. Could be thirsty or hungry. So here, would you hold this? Yeah, we got him with the good stuff too. Yeah, we got a couple bars and stuff, big bars. See you man. That's good. He's alive. You never know. Honestly. In this heat, like driving by, I was pretty nervous. I was like, oh man. Sesh in the avenue, the giant's over here. Just south of a Humboldt. We got Josh as the skipper today with the Manning Mere aircraft. There's a bunch of cars driving by pretty fast. So we got to be kind of cautious. But there's going to be some epic shots, I know. Adventure busted the river rocks down here. I'm going to go jump the water. The place that you guys tell me never to shop at, but it's super convenient honestly. It's like the guilty pleasure. Anyways, we're going to try and get a couple things. One of which is some more dowels because what you don't see and what you don't hear is that these drawers keep them flying open. We have an American flag holding one in. We have a fork and a spoon holding the other one in. Super high tech. This is the dowel. We're going to cut it and cut it. And also guys, we need a propane hose because I promised these guys like a week ago, two weeks ago, that we're going to have a shower. So we need a proper propane hose to get this thing up and working. Good news and bad news. Which one do you want first? Bad news. No propane hoses, no shower today. Good news, we found Cambodian food. Cambodian food! We're going to feed our souls and our bellies. I need to. Time for some Cambodian food. Crackheads break in and try and take anything. It's for the record. Dinner is served. If I knew the name of this I would tell you it's some lemongrass curry stir fry thing with bell peppers. The boys over here got more beef toppings. Ah, it's work. Ah, work. If you guys are in Eureka, Annie's Cambodian. Really good spot. Now we need to go find a parking spot. So guys, this is home tonight. We're at the rest stop just north of Eureka. Maybe 20 minutes or 25 minutes. But look at how amazing this is.   Thanks for watching. I'll see you guys in Manana.


Let's do some more things on our text files. We've created a text file. We've Did a word count? Let me just clear and show what I have. I've got two files. One of them is empty. My file contains some some content Instead of using a text editor to display the file. There are some other commands to display a very simple one is called cat cat It's not an animal, but it is a program that shows the contents of a file. It's short for concatenate It simply prints the contents of the file on the screen Cat followed by the file name prints it on the screen You may have noticed in my case because there are lots of lines on that file when I did the cat I missed the first lines So instead of using cat sometimes we can use less less Again shows the contents of the file on the screen, but page by page and now I can scroll up and down with my arrow keys So it's got the top lines and I scroll down and I get to the bottom of the file So less is us is slightly more advanced than cat cat just shows it less shows it but but has page breaks Queue to quit less like the man page queue to quit you want to just see the start of a file The head of a file Head By default shows the first ten lines of the file Or the end the tail Tail shows the last ten lines of the file you want to just get the first three lines of the file Head and minus and three my file or the last five lines You can actually do minus five as a shortcut Minus n three or simply minus three Shows that selection of or that number of lines are the head or tail Cat shows the full file less shows the file page by page head shows the first n lines tail shows the last n lines the reason we have all these commands on files is because many programs in Linux and Unix systems are Configured by files the operating system configuration is not done in a registry or a separate database, but in plain text files and similar for many applications and Many programs on the command line use text files to do processing So it's useful to be able to process those text files Let's copy some files CP to copy Copy my file dot txt to new dot txt and we now have a copy of that file Copy doesn't have to go to the same directory. I can copy my file back a directory and change it the name To another file and if we look in the higher directory We see that new file So copy uses a source and destination the source and destination can include the the path the directory of the file What if I want to copy? Another dot txt into my current directory. How would I do that? I mean it is 352 In the higher directory, there's a file called another dot txt and I want to copy it into this directory copy Another dot txt from the higher directory. What's the destination? The destination is this directory the shortcut for this directory is dot copy Another dot txt from the higher directory into this directory and we now have a copy So be careful or make note that I use the dot there when you would do a copy We must always specify source and destination Sometimes we can use the dot to represent this current directory Move is similar to copy move new dot txt Upper level New dot txt is gone from this directory. It's now in the higher level directory move Moves the file we can move it back. I moved from the higher directory new dot txt into this directory Moving a file is also the same as renaming a file. You want to change the name Here I simply rename new dot txt to XYZ dot txt So we can use move to rename note that we can rename files and The names of files in Linux the extension doesn't matter in the examples I've used I've used dot txt because we knew they were text files But the extension is not important if I change the name you use a different extension It doesn't change the format of the file XYZ is still the same text file as before Contains some text I Can move XYZ To XYZ Doc It's not a Microsoft Word document. It's still just a text file Extensions are not necessary and are not necessarily interpreted So we can use any extension But it's common sense to or common practice to use an extension that is informative to the user and the last thing We can remove files RM Followed by the file name Or let's remove all of our text files Star dot txt When I say text files, I mean those that I've given the extension dot txt RM removes or deletes files There is no recycle bin. There is no trash on the command line if you delete a file. It's gone So you need to be careful In the graphical interface, there is a trash bin But we're not using that when you delete a file here. It's no longer available So be careful when you remove files, especially if you use a wildcard like star RM star deleted everything If you have a thousand files in that directory, they're all gone Sometimes the permissions on directories mean you can't delete everything But you can do some damage if you can delete your own files accidentally Before we have a break. Let's do the last few things on files. Let's Find some files on our file system. I'll go home Clear. I'm in my home directory


Winter is a horrendous time to be homeless and living on the streets. While it is difficult to know the true pain of sleeping rough, supporters of young St Vincent de Paul are landing 24 hours sleeping out on DCU's Glasnevan campus. We went out on the street to ask students what their motivation was and what they hoped to learn from this event. I mean, and I'm doing this just to raise awareness for homeless people because it's very tough living out here, just even sitting down here, it's pretty cold and pretty uncomfortable. And I'm hoping that this will just, I don't know, that make people understand how tough it is just very hard living out in cold, in town, with no food, no water, no access to a bathroom heater. Hi, I'm James and I'm just doing this to help raise awareness for the homeless crisis in this country because it's as high as it's ever been and they need all the help they can get. I'm Ashling and I'm doing this to try and, I don't know, gain some kind of empathy for the work that we try to do to alleviate it in whatever way we can. Like, we obviously can't solve the crisis that's impossible for students to do. I'm just trying to empathise and I don't know, be a little bit more respectful of the hardships that homeless people face in Dublin and across the country, really. In terms of awareness, like everyone knows that it is a serious issue and maybe it's not, maybe your NDCU were kind of sheltered from being in the city centre and seeing just how, seeing people in the streets so maybe people will see us tonight freezing and just think for a second that people act as everyday reality for a lot of people and in terms of money, money is obviously probably one of the only ways it's going to be fixed so we're going to raise hopefully a lot of funds for it as well. Yeah, we kind of rely on businesses around. Kind of rely on getting our name out to businesses around the area and hopefully we kind of do have to put a bit of trust that they'll have us out but there's hundreds of people in Dublin who don't have that privilege to ask businesses to help them out in the evening so we can't really cry over it I suppose. Well, by the end of this week we already have funds in our bank. We're going to be donating 10,000 euro to homeless shelters in Dublin and then whatever we'll have money left over and we do super runs every week so they cost a fair bit in terms of making sandwiches and getting clothes and tea and coffee so money will be put into that and actually given to the homeless people on the street. With over 8,000 people currently homeless in Ireland and almost 50% of them under the age of 24 these guys that are going to sleep rough tonight in support of St Vincent to Paul hope that as temperatures fall the funds in the buckets will rise. Orla O'Driscoll, DCU TV News.


Okay, I'm going to try something new. I'm going to proceed each and every long video with a bullet points summary. You can watch the summary. It's usually between five to ten minutes and ignore the rest of the video. It will break my heart, but hey, I'm a narcissist. I deserve it. Here's your chance to break a narcissist's heart. Okay, so now the bullet points summary and innovation on this channel followed by the longer presentation deeper with examples and so on and so forth. You can skip the second part because the first part captures all the information in the second part without the examples. Narcissists always claim to be victims and they do so convincingly because they're charming. They're attractive. They have they have thespian skills. They know how to act. They're convincing. They have cold empathy. They can scan you, you know, which buttons to push, the manipulative, etc, etc. And so their claims to victimhood sound very true and very, very plausible. They persuade people that they're victims. Codependence and people pleases use two techniques to manipulate other people. One technique is known as control from the bottom. I'm helpless without you. I need you. This is a form of manipulation and it's controlled from the bottom, controlled through submissiveness. And the second technique used by codependence and people pleases is victimhood. I'm a victim. I'm entitled to special treatment, special consideration, and your constant sensitivity and vigilance to not hurt me again. So, but narcissists use these techniques as well. It's virtually, it's very difficult to tell apart narcissists from real victims, narcissists from codependence and narcissists from people pleases. Many narcissists claim to have been victims of narcissistic abuse, to have been discarded cruelly, to have been devalued unjustly. These claims are made both by real victims and by narcissists who hijack the narrative, mimic the victims, and essentially snatch the whole scene. So how to tell which is which, which is the real victim and which is the narcissist. Number one, splitting. Narcissists, exactly like borderlines, split. Splitting is an infantile defense mechanism which says, I'm all good. Everyone else is all bad. It's also known as dichotomous thinking. There's nothing wrong with me. I have done nothing wrong. I am a kind, empathic, nice, loving, caring person, compassionate, helpful, attentive, and yet I'm constantly being taken advantage of, abused and used because people out there are bad. I am all good. They, whoever they may be, are all bad. This is splitting. Splitting defense is used only by narcissists and borderlines. Real victims do not split. Even people pleasers and codependence do not split. Splitting is a prime, prime red alert, prime warning sign that you're dealing with the narcissist. Listen to what the narcissist says and ask yourself, is he constantly presenting himself as essentially all good while everyone else is taking advantage of him, harming him, hurting him, etc. So this is splitting. Number two, non-discrimination. The narcissist would blame whole populations. He would say, for example, all my girlfriends betrayed me and hurt me and abused me and cheated on me. All my spouses, all my business partners have victimized me, stolen from me, took advantage of me, etc. So the narcissist would generalize. He would generalize to populations. Generalization is a fallacy, is a kind of mental health issue and it is dealt with in cognitive behavior therapy. So narcissists generalize. A narcissist wouldn't say, well, this girlfriend was really bad but this girlfriend was great. A narcissist would say, my girlfriends, as if they all belong to a club or a political party together, my girlfriends did this to me. My business partners did this to me. He would generalize about groups of people and he would then go on to place himself as the victim of these people. Only narcissists do that. Victims are much more nuanced. Number three, self-pity. Narcissists and especially covert narcissists, pity themselves and they pity themselves visibly, publicly, ostentatiously, conspicuously. It's a currency. Their self-pity is a manipulative ploy to pull at your heart strings. And so the self-pity and the ostentation that goes with the self-pity, they are coupled with goal orientation. The narcissist wants something from you. If he is on YouTube, he wants your views and the advertising money. Otherwise, he wants to become a celebrity.  He wants to take money from you. He would pose as a victim, a helpless, hapless, innocent, totally innocent victim just to get you to do what he wants. It's manipulative. Remember, a true victim, a real victim, would never wallow in self-pity in public at least. He would never do this and he would never ever couple self-pity with some goal. He would never go on YouTube and pity himself. Next, alloplastic defenses and an external locus of control. A narcissist would blame others for all the misfortune in his life, all his failures, all his defeats and all the bad turns. It's never his fault. He is never in the wrong. There's an external locus of control. He is just there, a passive inert object, the recipient of other people's malice and mental illness. He is a victim by virtue of existing. There's no responsibility or blame. He never assumes responsibility or blame. It is a defense against shame and guilt, which in the narcissist's case a life-threatening. But still, it's there. So if you watch someone online or you talk to someone and they keep saying, this was not my fault. I have been a victim. I am not responsible. I have been abused. I have been taken advantage of. I have been discarded cruelly. I have been shamed. I contributed nothing to my predicament. I am perfect. I am an angel. Well, that's a narcissist. Many of them are called empaths. Next is denial of misconduct or proportionality of response. The narcissist would do the most horrible things. He would steal your work. He would sleep with your wife or girlfriend. He would forge documents. He would lie to your face. He would go behind your back. He would backstab you. He would bat mouth you. He would do the most incredibly immoral and in many cases illegal things. And yet, he would deny them in the face of hard evidence. He would still deny this, his misbehavior or misconduct. He would try to reframe it perhaps as justifiable because he is on a moral crusade or God knows what. He would invent a narrative that would convert the misconduct into proper conduct, moral conduct, laudable and commendable conduct, et cetera. But it would still be misconduct, of course. A narcissist would also contest the proportionality of the response. A narcissist may say, yeah, well, you know, I have done it. I have done this, but I think the response was out of all proportion. I didn't deserve this. I've been victimized. It's wrong what the other party did to me. I have wronged the other party in maybe it's debatable. I don't think so, but maybe, but in any case, the other party's reaction was out of bounds and totally insane and unjustified. And I've been discriminated against and I've been, I've been maltreated and it's horrible what's been done to me. Totally ignoring, neglecting and denying what had triggered this cascade of events. The original sin, the primal sin, the narcissist's misconduct or misbehavior. The narcissist engages in grandiose ostentatious morality. He's a hero. He's a rescuer. He's a saviour. He's a healer. He's a fixer. Whatever he does, even if it's patently immoral and possibly criminal and illegal, whatever he may do, whatever he does, it's all in the name of ethics and morality and religion and the greater good. He is selfless. He's not doing any of this for himself, God forbid. It's not about revenge. It's not about some lowly instinct or drive, no way, no seri. He is pro-social. He is communal. Anyone who comes with these BS stories is a narcissist. A narcissist would also try to explain his misconduct and his misbehavior in terms of I have been baited. I have been tempted. I have been entrapped. I have been seduced. I have been coerced. I have been brainwashed and entrained. I didn't know what I was doing. I didn't recognize myself. I broke my own principles and boundaries. He made me, someone made me do it. He made me do it. The victimizer, the abuser made me do it.  Next, the narcissist never apologizes, never assumes responsibility, never acknowledges guilt, never tries to make amends, never agrees to discuss even the outstanding issues, never provides closure. Real victims do. And finally, automatism. The narcissist is an autopilot. He never reflects on his behavior. He never analyzes it. He never synthesizes his lessons. He's not introspective. He's incapable of seeing himself. He sees only others and only in a way which is self-justifying and conducive to egocintony. The narcissist engages in automatism because automatism, being an autopilot, prevents him, prevents him from introspection, allows him to not engage in any soul searching. So, narcissists would react automatically. They have stock phrases. They have regular sentences. They have habitual words and behaviors, and they would go through them as if they were robots, badly programmed robots. Many of you know such people. They are online, as self-styled experts, as coaches, as victims, as empaths.  They're all over. I've just given you the tools to tell apart narcissists from real victims. Real victims occupy reality. They are alert and aware of nuances. They have dignity. They seek resolution and real solutions. They accept responsibility for their contributions to their own predicament. They learn lessons. They modify their behaviors. They grow. They evolve. They learn. Perhaps the best sign that someone is a narcissist is that the same thing keeps happening to him time and again. It's as if the narcissist has learned nothing from previous replays, identical replays of the same cloned events. A narcissist who goes online and says, I have had three girlfriends and they all did this to me. Well, it means you are incapable of learning. You're incapable of growth. You're incapable of evolution and personal development. And this is typical only, only of narcissists, never of real victims. Remember this and apply this from now on to all your interactions with everyone around you. And now to the more detailed presentation, replete with examples. Here is something to boggle your mind. Every narcissist, overt, covert, dead or alive, claim to have been a victim or at the very least to have been victimized, discriminated against, framed, set up, treated unjustly, abrasively, harshly. Every narcissist says this, no exception. How on earth can we tell the difference between narcissists posing as victims and real victims? Now mind you, here's the problem. Narcissists truly and honestly perceive themselves as victims. They're not acting. They're not lying. They're not gaslighting. They're not faking. They truly, honestly, profoundly, deeply, irrevocably, and you know that I can continue for another half an hour, firmly believe their own confabulation, their own narrative, their own fantasy, their own storyline in which they are the hapless victims of malevolent, malicious, dark, malign, evil forces out there. So how can you tell the difference? I'm going to teach you a few ways. These are kind of tests to tell apart a real victim from a narcissist who believes himself to be a victim. Now, of course, when I say he, it's a she, when I say him, it's a her, etc., etc., half of all narcissists nowadays are women. Women's lib equality is upon us. And for those of you who are lucky enough, fortunate enough to not know who I am, my name is Sam Vaknin. I'm the author of Malignant Self-Love and Narcissism Revisited. I am a former visiting professor of psychology and a current member of the Faculty of Sciences. So let's delve right into the quagmire and swamp of victimhood. Narcissists always claim to be victims and they're very convincing. They're very convincing. They're charming, they're outgoing, they put on a facade of compassion and affection and empathy and so on and you buy into their stories. Many of them pose as co-dependence, as victims of narcissistic abuse, as victims of generalized abuse, as post-traumatic people in the throes of post-trauma. Many of them go online and kind of merchandise their victimhood. Many of them compete. So there's a phenomenon of competitive victimhood. And many of them are so convincing that this has become their identity, their badge of honor. They are the perennial, well-known, famous victims and that's how they're judged, even though a substantial minority, perhaps even a majority of are actually narcissists and especially covert narcissists, but not only. How to tell which is which? Here are a few tests. Number one, splitting.  Splitting says, I'm all good, they are all bad. I've never done anything wrong. I've been wronged all my life. I, having, having, uh, introspected, having interrogated myself, having so searched, I discovered that I am blemishless. I'm flawless. I, I am 100% on the high moral ground. There's nothing wrong with me and I've never done anything wrong to anyone. This, all or nothing, black or white, all good, all bad, all angels, all demons, this kind of thinking is known as splitting or dichotomous thinking. And it is typical only of narcissists. Real victims don't have this. So many, many, many of the so-called empaths of coaches who pretend to be co-dependence and victims of self-styled experts who, who claim to have been victims of narcissistic abuse, many of these people are actually narcissists because they engage ostentatiously, conspicuously, visibly and publicly in massive acts of splitting. Only narcissists split. Remember that victims never do. Victim, real victims have a much more nuanced perception of reality. They are much more attuned to the gray zone, to the gray area between the black and the white, to the fact that people are not all bad and never all good, that life is a complicated proposition, that things, that things happen even to the best of people. So real victims have a much more realistic grasp of the process that had led to their victimization. As I said, much more nuanced, not so with narcissists. Second test, non-discrimination.  Every girlfriend. There has never been a single exception. All of them, no exception, have done this to poor me. And by the way, the element of self-pity is a warning sign. If you spot self-pity, that's a narcissist. Victims have dignity. Victims don't pity themselves. They're angry sometimes, but self-pity is a hallmark of a narcissist, especially a covert narcissist. A covert narcissist don't engage in self-pity, but coverts do. So there is this self-pitying tone. All my girlfriends were horrible to me. All my spouses, all my business partners, they victimized me. They discarded me. They treated me harshly. I was so good to them. I give them everything. I give them love. I give them money. I give them sex. I give them this. And they just keep victimizing me. Everyone keeps victimizing me. Poor me. Please, I'm so in need of compassion and empathy and so on and so forth. It's a manipulative technique, a narcissistic manipulative technique. Beware. If you see anyone whose narrative, whose story is that everyone in his life has victimized him, everyone, and that he has done nothing to deserve this and his self-pities and shares this self-pity with you, but in a setting where there are certain positive outcomes, certain goals. So for example, a narcissist would share his story with you because it gets him views on YouTube, or he would share this story with you because it would make him some money, or he would share this story of victimization and self-pity with you because it would get him laid. He would get him to have sex. So narcissists exactly like psychopaths in this sense are goal-oriented. Non-discrimination goes hand in hand with goal orientation. You see something like that? Be very, very, very suspicious. Do not give the benefit of the doubt. It's 99.9 percent a narcissist. Next, alloplastic defenses. It's everybody's else fault, never mine. None of this is my fault. Everything that has ever happened to me is not my fault. I'm a poor victim. I'm a poor codependent. I am a lamb. I didn't see it coming. I am so innocent and pure of heart. I'm so giving and so caring and so amazing and so loving and so decent and so compassionate and so empathic and so warm-blooded and so I don't know what. And you see what they're doing to me? You see, none of it is my fault. I'm not responsible. I contributed nothing to my repeated predicament. Nothing. This is called alloplastic defense. Alloplastic defense is when you keep blaming others all the time. Even when you have misbehaved egregiously, even when your misconduct screams to high heaven, it's still never ever your fault. You want to figure out if someone is a real victim or a narcissist? Listen to him. If he never ever says I'm sorry, I did something wrong, it was partly my fault. I contributed to it somehow. I accept responsibility, accountability. I am learning to recognize myself and my involvement in all this. If he never says I'm sorry, that's a narcissist. If he never says it's partly my fault, that's a narcissist. If he never accepts responsibility or his contributions to whatever has happened, that's a narcissist. Real victims go through thorough, functional, healing, soul searching. They recognize their contributions and their involvement, the wrong choices they've made, the bad decisions. And they vow to themselves to never repeat. But the narcissist, no way. He just happened to be there in the wrong time, in the wrong place. In the wrong place, that's all. None of it is ever his fault. None of it. Yeah, well, he did misbehave here and there. He did steal. He did forge. He did do all kinds of things, which happened to be anything between immoral and illegal, but so what? He did not deserve to be victimized. His own bad behavior is never acknowledged. And he never expresses remorse or regret ever. That's a great sign of a narcissist. Real victims never behave this way. Never. And the last thing I would say, although there are quite a few other tests, but the last thing is automatism. The narcissist has, at his disposal, ready-made phrases, responses, answers, whole texts, and so on. So whenever the narcissist is confronted with a situation, he goes on automatic pilot, autopilot. So whenever something bad happens to the narcissist, automatically he says, I've been a victim. I've been victimized. I'm codependent. I'm helpless. I'm traumatized. I'm, you know, it's not my fault. I'm, and that's it. It's automatic. He never bothers to go deep. He never bothers to really think. He never bothers to introspect. He never bothers to analyze. He never bothers to synthesize. He never bothers to truly consult others. He doesn't really consult others. He goes through the motions very often, but in order to self-justify. And he blocks out any information that contradicts his self-justifying alloplastic narratives. It's never my fault. I'm always the victim. I'm codependent. I'm traumatized. I'm helpless. I am, and therefore I am prey. I fall prey to malicious, malevolent predators out there. They are all bad. I am all good. So I have nothing to apologize for. None of my behaviors has been wrong. I've never done anything wrong, ever. And that's me. That's a narcissist. Period. Come across someone like that. That's a narcissist. And never mind how eloquent he is, how charming he is, how attractive he is, how well versed he is in the lore of victimhood. That's a narcissist. Simply a narcissist. Peal your eyes, pierce and penetrate the facade. Have a real look at the person and ask yourself, is this human being on the screen or next to me or to my workplace or my family, is this person real or is it an act? Is this person a victim or is it a narcissist claiming to be a victim? And I've just provided you with four tools to answer this question. So make good use of them.