Good afternoon. I hope that you're enjoying the open source summit. So basically with Guillaume, we are perfectly aware that we are the almost last session between before the cocktail and the drink. So I hope that you will be very focused anyway. So welcome to our session. So the purpose of the presentation like you may just see is about the silver project. So if you were this morning in the keynote session on the presentation, we've happy Nicolas Homo, our friends and colleagues just introduced the project, Silva, and the idea of this session was to give you some thoughts about basically what is it, what we achieve and where we are going. The idea is just to bring you some information. So my name is Philippe Ponsarguet. I'm the VP software engineering at Orange and I will deliver this session. Hi, I'm Névi Cato. So I'm a Tech-O-Cloud program manager within Orange and I've got my role role within the community which is a Silva co-chair. Okay, so let's jump in. So basically three parts in the presentation, why Silva, what is the approach behind and what we deliver since the beginning of the project. So just to jump in and to set the stage, I think that it's always interesting to understand what is the market analysis and what is the journey on which the communication service provider are under go. So since I would say several decades right now, we have some challenges to solve even if we jump to different, I would say, technical favor or doing the implementation of the telco infrastructure. The first one is that we are working in a very, very, very siloed approach where basically when we deploy one service, one VNF, we may have something like it looks like a dedicated infrastructure at every time. So basically, it's a lot of, I would say, unmaterialization and burdens in terms of load to make all of this working. Second one is about the security. Of course, when you are, I would say, network and communication provider, you are a little bit more, I would say, concerned by hackers and you have a lot of threats that are basically targeted into your infrastructure. The third one is about the new way to implement and to roll out and release the network function because I think that you all understand that on the last 20 years basically, we see from a physical world to a virtual machine world and now to a cloud native world. So into this cloud native movement, basically, the CNF, so the cloud native network function, are about to become the new paradigm to implement, I would say, network services. So it's an approach that could heavily leverage, I would say, a lot of our engineering but not only on the infrastructure but much more at an holistic standpoint. It's about the way we want to manage lifecycle, the way we want to manage the operation as well, for instance. So CNF are the way to implement and to manage lifecycle, I would say, of the network function when you are grounded into the cloud native ecosystem. And the last part that is perhaps not the less important is about automation because today, if I step back to the first topic with the siloed approach, the reality is that every vendors are coming with dedicated solution to do automation nearly of every task regarding their network function. It's about the deployment, it's about, I would say the operation, it's about the lifecycle management and from an operator standpoint, we are all required basically to set dedicated skill center that are very, very siloed in terms of skills without the ability to move, I would say, horizontally inside the company. So it's basically the picture in which telecom operators ecosystem is living. So siloed approach, security threats, the new network function operating with CNF and a lack of automation where we need, definitely, to move forward. So, silver into this landscape. So aware of basically the previous challenges I just introduced, I would say that it's about more than two years back, several operators peers and about basically Doge Telecom, Vodafone, Telecom Italia, Telefonica Orange and two network function vendor, Nokia and Ericsson basically decided to try to tackle the challenge of what I just described before and the idea was born on the observation that every telecoms, I would say, need at 80 or 90% exactly the same requirement, the same infrastructure. And that's the very first beginning and basically the project started in I would say exploratory mode, close mode and when we reach a certain level of maturity about basically where we wanted to move forward, what could be the outcomes for us as a telco but something that is extremely, extremely important, you will see that basically the stack that we implemented is okay for telco but absolutely not bounded into telco ecosystem. If you are an industrial, if you are a satellite operator, if you are basically into a critical industrial process, you may need a stack or an infrastructure that could look very, very closely to what basically the silver project did. And with all this in mind, basically we really quickly try to understand what was the best way to leverage this initiative. And we could have done it the old way and when I'm talking about the old way, it's JV, joint venture, but honestly when you are entering into joint venture world, it's about legacy, it's about legal, sorry, regulation, legal, regulation, waiting. So it wasn't the mood of what we wanted to do. So it's totally natural, I would say that we invested into the open source ecosystem and try to find what could be the best house to host the initiative that we were about to kick. And it's how the silver project became the first project hosted by the Linux Foundation Europe and it had been officially announced last November at the one summit in Seattle. And I could say that the project really started, I would say early January this year. So basically it's a nine month project result that Guillaume and I will share with you. The true purpose basically of the silver project is twofold. The first one is about defining a framework where we can inject all the requirements that basically telco operator industry need to tackle all the challenge. So it's about releasing this cloud software framework. And I think that if you are here, you are very, very aware about open source and based on my own experience, I didn't know an open source project that have been successful without having a reference implementation. And having a reference implementation for us was a key driver. You can't push a specification to everyone and without bringing, I would say, the proof of how it's working. And it's the case. So in silver, the second part of the ambition is to deliver a reference implementation. We must be very cautious. I'm talking about reference implementation. It's not a product. I would take a very, very concrete point. For instance, when we within orange, we are deploying basically our orange telco cloud, we take the silver project and we industrialize it. It means that you need to deploy it into your own environment. So silver is a reference implementation and there is room to industrialize in specific, I would say, area, the deployment. But it's not only about the reference implementation. We know that the telco ecosystem is extremely complex because it's extremely fragmented, distributed and the validation part is absolutely critical. And that's why very, very close to this reference implementation, the idea was to have a dedicated validation center that based on a specific hardware, we deploy the silver implementation and we are able to welcome in us network function vendors to deploy and have a validation process about how their network function basically are working into the silver ecosystem. So what you need to keep in mind is that, okay, silver is born in the telecom ecosystem but it's absolutely not bounded into the telco environment. First, second one, two main objectives to have a cloud framework that gather all the requirements and on the other hand, the reference implementation and the validation center part. So what are the opportunities that we want to unblock to unlock? From a technology standpoint, definitely the opportunities that we want to leverage is about open source instead of proprietary solutions. We prefer to heavily invest into a horizontal model that is able, I would say to become the core foundation on which the company is able basically to speed up their strategy in terms of telco cloud implementation because it's about the mutualization and it's something that is extremely important. At the end of the day, it's much more than infrastructure. It's about the way we want to automate the deployment of the network function and more importantly, it's about the way we want to operate the services. So silver is an industrial grade, cloud native telco stack, cloud native telco stack. So it means that from a technological standpoint regarding the operation, what we want to reach is to have the benefits of the native resiliency and self-anotoiling capability of Kubernetes and adding the capability in terms of, I would say, closed loop reconciliation and risk management that are automatically brought by a GitOps approach in terms of operating model. So definitely the idea is to simplify and automate this operating and this operational and operating model. From a business standpoint, if you will catch what I'm just said, yes, the idea it's about cost reduction in terms of mutualization, in terms of operation, mainly. And we hope that we can target as well, topic about sustainability that you will see is a track that is a dedicated rooted into the project but it's too early to address this part. In terms of interoperability as well, I don't know, I'm sure that everyone in the room is a telco or telco related.  Honestly, if we can just simplify this and share the cross-testing way of do the validation, I think that we could better focus on delivering value and promoting new services than spending time on doing certification and validation. So interoperability is key into this business side. Ecosystem, so the ecosystem basically is to leverage this ecosystem as a whole. When we are talking about the ecosystem, of course there is the telecom operator. There are as well also the, for sure, the network function vendors. But we have as well the hardware and bare metal vendors who are fully part of this story.  We truly believe that Silver is extremely interesting for integrators because it brings a telco-grade, cloud-native telco stack. And we have some, I would say, example today of integrators that use this Silver stack to do trial or assessment of deploying private 5G, I would say, onsite for their customers. So it's extremely interesting how integrators are starting to take into account the value of Silver. And of course, from regulation and security standpoint, is by design be compliant with the requirements, I would say, at border of Europe and by design integrating very high security standard. So what is the approach? In terms of approach, we want to tackle five key pillars. The first one is to have a stack that by design, by default, on board, I would say the ability to manage dedicated hardware in terms of network card, in terms of GPU, for instance. So it's taking into account that at hardware level, there are some specificities that are fully related to the telecom environment. The second one is by design to have deployment option that can span from virtual machine environment up to bare metal and to have this hybrid approach to be able to answer to the different challenges in terms of use case we want to target. Today, three mainly, 5G, RAM, and Hedge Computing. The third one is about security and it's fully related with the previous, the last point of the previous slide that I shared, answer to the teleco-grade requirements and the local country regulation. Open source, definitely. We want to use the native API and standardized ecosystem. Something, for instance, we are pledging for is to be able to manage the network function the cloud native way. It means that we need to have CRDs, we need to have operators to directly use the Kubernetes way of doing the implementation. I'm dreaming of a Kubekutl get network service and with some option. Honestly, it could be a very strong game changer in this automation. And the last one, of course, is about sustainability and energy efficiency where we could be an industry in teleco environment that is really under the spot on this topic in particular. And that's why we decided to natively implement a dedicated working group on this. So here is how the project have been framed. Basically, we have six working groups. The first one is dedicated to the technical solution. Second one is about the validation center and is run by Luis that is just there. We have the security, we have energy efficiency, we have communication and option. And of course, the topic of the governance because you may have read today that the project reach a new level in terms of maturity becoming a funded project to really accelerate and speed up the development of the project silver. So basically what we deliver. We deliver up benefits at every of the four, I would say stakeholder that are concerned. Up telecom operators, network function providers, system integrators and hardware or bare metal vendors. So for telecom operators, the idea is to have a common cloud layer and reference architecture really to reduce the cost in terms of global owning. And into this cost, the part of the mutualization on the hardware, on the part of the mutualization, for instance on the operation, it's extremely important. I can just share with you, for instance, that on the perimeter of Orange on a dedicated country, we observed that the solution basically just for the hardware footprint is again between 20 to 100% since we deploy more than two network function on the same infrastructure. So it's extremely, extremely interesting. Okay, on the network function provider side, the idea is to support the bill once and deploy many in different telecom operators and perhaps limitates the effort in terms of validation or testing at integration level, but also to have the full benefits of an open ecosystem in terms of tooling to manage the deployment of the network function and their operation. For system integrators, like I said previously, as an example, the idea is why not to bundle a silver distribution to carry out dedicated workload, like onboarding and deploying mobile private network, but we are currently talking with companies that are very industrial sensitive workers to manage at the age and it could be a perfect fit. And of course, for the hardware and infrastructure providers, it's about being identity, it's about having all the requirements that there will need to fulfill and as well to have, I would say, implementation cases that are proving that their hardware is 100% compatible with basically the silver implementation. Now I will hand over to my colleague, Guillaume, who will manage the end of the presentation. Guillaume, it's up to you. Thank you, Philippe. Very clear first part. I hope the second one will be also clear. And yeah, this is very important, as mentioned by Philippe. We are a telco industry, so it's very important to not reinvent the wheel and to work with the existing ecosystem. So silver definitely is linked to the job that has been done at the HCNAV. What is the north interface of such cloud infrastructure? We spoke about security. Here you've got Eniza worked on the EUCS. It's a European certification scheme on security. There are very clear requirements there and we think it's a pretty good scheme where we can rely on to build the foundation of our security stack. Of course, as RAN is one of our main use case, it's a key topic to have synchronization with the Oran Alliance and there's a dedicated working group on infrastructure. Anuket from the Linux Foundation Network is working on defining what is the appropriate design for cloud infrastructure to host telco use cases, but is also providing many relevant tools for the validation center. CNCF, our project is around the Kubernetes environment, so it's just a natural link. And two other projects that are important, Nephio, Nephio Open Source Initiative, initialized by Google, is focused on the network functions, lifecycle management, and we want to have this pivot with Nephio and a clear interlock with the cloud infrastructure provided by Silva, for example, on deployment on bare metal, which is not at all the scope of Nephio, so we have a clear synergy between those two projects. And the last one is Kamara. Kamara is a project with defining and developing lots of API for the network, and as we want to, the different operator wants to develop the network as a service strategy, having the opportunity to host Kamara API on such cloud is very important for us. Now, coming back, what are we delivering concretely? Yeah, concretely, what we deliver is a distributed Kubernetes, so it's a distributed CAS, but you can host on a hypervisor, VMware, OpenStack, but you have also the ability to deploy it on a bare metal environment, which is very efficient for the UCAS we are targeting. Our main use cases as introduced by Philippe are the 5G core, distributed 5G core, and also some RAN use cases, some CDN use cases, fixed network use cases, edge use cases also, and with the edge, we are potentially also addressing many other sectors of the industry. If we think about agriculture, industrial, there are many other verticals that need some distributed cloud with performance security. So here we are, and this is an illustration where you can have this hybrid deployment with some CAS on hypervisor, but also CAS on bare metal and different kinds of use cases you can host in a multi vendor approach. So if we going a little bit deeper in this infrastructure, the key element of this architecture is around the declarative approach to manage Kubernetes. So our main topic is to be able to manage several high volume of Kubernetes cluster. We are relying on the cluster API. Cluster API is also the preferred component at the HCNV on the cloud native infrastructure, and we are relying on these components to manage the deployment, the lifecycle management of the workload Kubernetes cluster, and we are relying on all GitOps workflow with a flux CD to manage this lifecycle management. So this declarative approach is really important to achieve our goals. Philip mentioned that we want to reduce the TCO with optimized run operation, and here this is the tools that enables us to achieve this goal. Then another important topic, there's the stack, but there is also the CNF validation program, and here the aim is to demonstrate that we can onboard the CNF on the silver stack. We are doing some onboarding tests. We are verifying the different cloud requirements. We've got our own map of different network functions vendor that wants to be to in our validation center. So we have today two validation center opened one in orange, one of them in Telefonica. Telefonica was the initial one, and Telecom Italia has planned to open a new one, and Telefonica has planned to open a fourth one. So very dynamic workgroup here, and as mentioned, on the testing, we want to rely what is existing on the market, and we want to contribute also to give feedback to the Anuket project where such tooling are developed. To illustrate also this validation program, you have the platform that I've just mentioned, and you have another view of the current CNF that has been validated, for example, Sixwind and Oracle 5G PCF, and we have currently two CNF from Nokia that are onboarded at the moment, and we have a roadmap of new CNF. Some are public on this picture, but we have lots of other network functions vendor that ask us to prepare and to be on the list of this backlog. So it's really key for the global adoption of a project. We mentioned that Silva was one year project, so now have a look on where we are now. You've got the, on the top, at the TSE board, the initial number, and now we have really a growing ecosystem. So around, in this room, I don't know who is operator. Is there any mobile network functions vendor? Yeah, is there fixed network functions vendor? Yeah, is there any IT integrators around the room? Not here. And our IT editor, yeah, there are. And IT hardware, no, not in this room, but yeah, and so we have this ecosystem, many companies are here, and those logos on this slide are really contributing to one or two of the different workgroups that has been shared previously, and we have also many entities that are evaluating also to contribute. So we are still in discussion with many companies and so it's a future contributor, so very important for us. In a few figures to show this growing adoption, the numbers of members in the communication, we've got a channel with a Slack, very active, more than 200 people connected. We've got about, we have about 500 features that have been proposed by the community in the last five months. We've got also more than 1,000 line of code that have been added in the last five months. As I mentioned, we are going to have four validation platform, active companies that have just shared this growing ecosystem. We've got six active workgroup, and now we've got four CNF from three different vendors that are in going to be validated or have been validated in the validation center. So I'm not going to detail all the wrong map, but just to say that we have delivered some key features that allow us to host 5D core, and we are targeting now to host ORAN use cases, and we want to progressively open to edge application. And we want in the coming semesters also to address some offloading features with FPAGA. We want to go further in the network automation with LAN automation, with also the network modernization. We mentioned the NFIO integration. We want to make it very clear in both TSC where we are integrated not on Epoch, but to have a smooth and a global integration of this. And of course, we want also to go further in security. There are lots of things to do in security to enhance the stack, because it's a very, there are lots of innovation in this sector. And I want to close this session with the achievement of the next challenge before receiving your questions, but just to remind in four bullet points what we have done this year. So the project has been launched last year. Now we've got two releases of a stack that has been delivered already, we've already addressed the complex use cases of a cast on bare metal, which is a key focus for us. As we mentioned, we have already two validation center open and we have new, we have a roadmap to have more. And this morning, Arpete, Yoshipura and Nicholas, Omo mentioned that for today we officially launched this directed fund project. For us, it's very important to invest more on the project, to invest more on the development, to invest more on the validation program and also to have more visibility on the project. It's not only a technical project, it's also a project that needs to move the ecosystem. So we've got already 11 sponsors and we know that before the end of the year we will be more, some are in the pipe.  We want to enlarge the use cases. We already talked about open run but edge is also a key pivot to address new verticals. And we want also to achieve IT and network convergence. It's reachable and we have started to manage this part. We want to open our ecosystem with new operators, with new IT editors, with new integrators. So for us, it's important to enlarge this community and to recruit very good DevOps developer and very good CNF cognitive. And as mentioned before, why not open to new market? And I think there we can have a way to leverage also the project on the community, especially if you need to manage lots of Kubernetes cluster, if you have security concern, if you need performance. Yeah. So we need to invite you to know more about the project. So you've got the link of our new website to be introduced. If you want to collaborate, we've got our GitLab where you have all our code. And GitLab is supporting us to host our environment. You've got the Slack channel. And of course we are here. You can have a quick session of Q&A today, but we've got three booths at the ground floor, one in LF Europe booth. Susie booth is also hosting a silver project description and presentation and is the same for Huawei. So welcome and have a quick talk to evaluate this opportunity. Thank you. And we want to receive your questions. This whole idea of shifting left, so basically including this whole security before having the full implementation and then looking at the implementation and trying to secure it, as well as upcoming projects like scorecards or best practices patch and stuff like that. How do those things feed into this security here? Are they already integrated? Are you planning to do that? Yeah, we've got two tracks on security. One is for long-term to have, to prepare, to facilitate. In fact, the fact we can have an audit on the EUCS security framework. So here is a long-term. So we cannot say the stack is certified EUCS because it's the operator that will run the stack, but we can do many things in the audit process and so on. So this is for our target, but we started the project with security involved in DevSecOps with regular scanning, vulnerability scanning, SBOM management. We need to manage the HSM configuration and so on. So yeah, security started from the early beginning of a project which is mandatory for such deployment with Github's workflow and so on. Just to add something to just a complementary topic. To be very clear, SILVA is an integration project. So it means that we are basically not so much developing code, but where you are absolutely right is that we have a bunch of dependencies to manage and we need to trust and secure the dependency and the provenance of basically the package on which we rely. So yes, you mentioned SBOM, but we have the topic about managing the provenance, having the signature of the different dependencies, checking at, I would say, build an integration of the artifact. For instance, we are using Flux, Flux is able to pull OCI repo that are heavily, I would say, secured in terms of deployment targets. So yes, it's definitely on the core of the project. Thank you for your question. This one is not super easy, but basically vendors, okay. Okay, the true requirement we need to deploy true cloud native workloads are quite simple. First, we need cloud native network function implemented the right way. First, second, we need, I would say cloud native packaging that are passing the strict linter. It's already challenging at this point. The third one, we need container-based image that are basically without CVs on boarded and to have the dependency and the provenance managing. Fourth one, we need a trusted public repo where to pull basically the images we need to do the deployment. This one is a big, big one because it means that our partners at network function vendors, basically what we are expecting is that they become software company because the software company are pushing their artifact into public repo or trusted repo where we are starting the deployment. So it's challenging on this part. And we have two more that are perhaps cherry on the cake but not so much. The first one, we really want to have operators and CODs to have a proper cloud native Kubernetes lifecycle management. Okay. And so the kubectl topic wasn't a joke. We already wanted. And the last one is about not reinventing the wheel on managing basically the traces, the metrics, the log. Very standard way to do this inside Kubernetes. Just reuse it and give us the right exporters to plug it into the right data and analytics solution. So with those, I would say six strong requirements, we are basically able to deploy nearly whatever we need. And to complement this technical answer, I will also add a process. We want to work with this ecosystem of CNF vendor. So it's important in the validation program that we have some clean team where we define some partners who can manage and manipulate this CNF under IP protection. So it's important also, even if it's open source project on the onboarding, we are at the limit between the open source and the IP protected. So we have to manage this in term of process, not only on the technical aspects. So many thanks. I think we are now out of time. And so don't hesitate to ask us as you want any questions. Thanks so much.


Welcome to All Hands Update, here's what's happening around your Navy. The Navy hosted its first live fire demonstration to successfully test the integration of the F-35 with existing naval integrated fire control counter air architecture. The test was a team effort across the Navy Marine Corps, White Sands Missile Range, New Mexico and industry partners, leveraging a U.S. Marine Corps F-35B and the U.S. Navy's Aegis Weapon System to support the distributed lethality concept in the fleet. New Mexico's most popular city is hosting the Navy during Albuquerque Navy Week to coincide with the New Mexico State Fair. Navy Week events draw thousands of attendees to participate and create dialogue between sailors and local residents, bringing awareness about the Navy to areas that do not have a large naval presence. September is Suicide Prevention Month. Remember, one small act can make a difference in the lives of others. To show your support, visit the NPC website to create your small act selfie. Be there for every sailor, every day. You can read more about what's happening around your Navy at Navy NowMill.


And welcome to the independent invested channel live here on on a Friday night here Day after Thanksgiving it is Black Friday. Happy Thanksgiving to all the patrons to the channel. What a dynamic year. It's been Summarize the activity from this year. It's been a challenge nonetheless spurring back into last year and even the year before certainly had its share of Challenges with the interest rate rise That's seemingly looking to subside a little bit seeing a little bit of life in the small cap market looking at 2024 It's anybody's guess here. Whether or not we're going to enter into somewhat of a soft landing scenario whether or not 2024 is going to continue to To to be that rebound from 2020 the shot heard around the world for all investors I want to summarize in this live stream some very very important attributes of How to invest in volatile markets? We're going to talk about some of the strategies that I deploy like I typically do I want to welcome all the subscribers to the message and invite anyone that's new to the message to subscribe To the channel that subscription is free of charge. I will send you a bill shortly after you hit the button So if you're not it is probably one of the Greatest value propositions on social media For anybody out there that's looking for a different angle to financial markets There's no doubt about it that you can catch the current on this topic and be misled downriver On this topic. There's no doubt in my mind And I do not envy new investors who are looking to circumnavigate this Landscape and try to make any sense in building wealth for yourself and your families There's going to be things that I say That are contrary to the status quo. I'm not one of those believers in sticking your head in the sand for the greater part of the 40 years that you're Investing time horizon will a lot for you a lot of people out there are provided a significantly Larger time frame than that maybe 50 years plus The idea here is to devote to a plan Really give yourself the best shot of of of achieving that financial security over time And doing so with a level of devotion that allows you the best chance of success on the back end In other words, if you're going to invest you might as well do it right And I I think if you are unwilling to acknowledge what it is that goes into right investing Then I would just rather see you not invest at all. It's not worth the heartache It's not worth the swings. It's not worth the volatility It's not worth the mental deliberation that you'll have to go through or incur Even on a day-to-day basis to stay devoted to financial markets over the long term However, for those people who really look at this thing diplomatically I think we are in a time now where getting ahead is becoming more difficult And I think that the new generation I'll be it and as aggressive as they are in believing that all you have to do is just wake up And trip and fall into a social media millionaire status overnight I think the a lot of the younger generation are setting up for some real disappointment in a rude awakening in understanding that hard work is absolutely Imperative in this in this gig if you if you're pursuing wealth with an idea that somehow you are going to Put out a product that is going to just woe the world with your vast knowledge On on a specific topic I would I would caution you to realize the the commitment that it takes for social media I think it's super super important to understand the importance of finding your passion And if that just so happens to be social media, I just so happen to be Very very Intimate with my job. I love it. It's part of my secret sauce and pedigree. I openly admit that online I I would wish that upon anybody out there To find that true baseline in your life to help augment that surplus capital that we're looking to identify in the In the budget But I think a holistic approach to spending discipline to savings discipline To earning discipline To credit discipline To contribution discipline is imperative My program is is very very simple. I call it a program. I even hate to hate to Quantify it in that matter because the language that I use on the independent investor channel is equal and open to all people You don't have to pay a dollar 199 dollars to to associate yourself with with my Proprietary answers to what I feel like you can Seek out and more importantly find on your own. It's free of charge Okay, the concepts that we talk about are more psychological And more along the lines of if you picked up five things from my message tonight I can almost I can almost bottom line guarantee you that those five things will cost you nothing. Well, what's in it for you? Ryan, what's in it for you? Well, that's just what makes the message very very unique I've started projects online in the social media Camp I do run a website all of those links are provided I don't have the time necessary to do daily uploads on youtube right now. I'm absolutely Chucker blocked full of work Obligations that of which up until last week. I was able to fly out to the great northwest to engage I got to meet one of One of my favorite followers to the channel has been following the channel for a long long time Mr. Dave and it was awesome to meet up with somebody in person You know just just a great treat Turned me on to an initiative that I'm working right now I had junior stock investor kick on behind the scenes with me just right before going live tonight And kind of doubled down in this initiative that I have to transfer assets from bank of america to fidelity For you guys that may think that that's just an easy feat. I'm uprooting about 19 accounts All different shapes sizes varieties multiple brokerage accounts two rath IRAs A couple of business accounts couple 529s couple utma's etc etc right on down the line savings checking boom boom all the way down the line a sep IRA So it's quite an upheaval However, when I look at the numbers the The qualifiable benefit that I get bank of america pays an interest of point zero one And unbeknownst to me honestly flew right under my nose because I put more value in my association and my relationship with b of a based on the time that I have with them Unfortunately the straw that broke that camel's back was seeing that the interest paid out now on idle cash Even in the default fund from fidelity is 4 9 9 That that that is too much to overcome when the national average for savings accounts sits at about 0.47 percent So you're talking about 10 times the national average there and you're you're talking about kind of a middle finger really to retail investors or Or anybody who may put value in the brick and mortar locations that a bank of america or will spargo Can can provide to you, but I prefer online banking anyway As a matter of fact, I despise going into the local branch and would just rather do away with that So dave turned me on to that Um, you know kind of showed me some some actual screenshots, which really opened my eyes and i'm not so Set in my ways that I cannot be changed and and fear uprooting And that's what we're in the process to to to do so within the first 10 minutes I give you kind of my my spin on one of the very important things that You need to to look at if you're going to become involved in this game is is what account is going to suit your needs And there's a lot out there that can do that, but it's important to do so and and I I think that I I can't patronize people when I come on to youtube social media And expect that people don't have the wherewithal to research With a little bit of of of of wherewithal on what they're looking for with a little bit of help and encouragement On where to look look, I don't care if it's fidelity tedium marriage ray. Charles Schwab um, I I've kind of fallen off the radar with recommending those Larger institutions because I just don't think that They have the individual and investor in mind I I mean I I kind of take it like a middle finger to be honest their fidelity money market over a million pays 5.3 So actually it's really awesome mitra date shares that you go to fidelity dot com And you can find it. It's a little bit hidden on their website, but you can actually find the listing I believe there's 31 specific money market accounts on there and like he's saying there's certain Thresholds of of wealth that need to be achieved within each of those respective accounts to to earn that But I'll take 499 all day. I you know that that's incredible. Shoot. I'd be happy with one Let alone four times that amount So, you know five times that amount especially with what's going on right now It almost seems like the prime interest rate went up and bank of america said to hell with everybody Here's my middle finger. We're just going to rake all that in and take it all You know, we're not going to pay that out, which i'm not really sure how that's legal but anyway, that's uh, that's in the cards for sure, but um I'm appreciative of all you guys happy Thanksgiving. I I really want to get into this lesson I've got some really cool stuff to update you guys on We've got 60 minutes. This is the fastest Fastest live stream faster show on youtube. That's for sure But I want to welcome each and every one of you guys to the program take a short break and be back with you Just a moment Fantastic, it's an all aspects approach. It's a triple a Something for you to kind of remember When we look at the importance of selecting the account I want you guys to understand that all of the ideas that we throw out there On the independent investor channel are yours to either Use not use use in a large or small capacity But everything is certainly tailored to what it is that you need In where you are in your life Look, you can go sit down with a financial planner and they can get your social security number And they can ask how old you are and what your target date for retirement is Why don't we why don't we stop patronizing people and just move on and make? Financial discipline and financial Conversation more commonplace I'll let you chew on that for a bit It it really gets me Thinking about Why this is such a topic that is uncomfortable for a lot of people to to discuss I'm not perfect. I spend money just like the rest. I try to deploy some spending discipline I make mistakes no doubt about that and so do you But if you think somehow that you're going to be provided a strategic edge or somehow you're going to make less mistakes or Somehow be more informed than the next investor by paying that premium to introduce a middleman In between you and the financial markets, you are sorely mistaken You are sorely mistaken. You'd be better off spending a couple of dollars on a few investing books Getting a little bit of savvy and understanding that the all aspects approach that I talk about can only really be deployed by you Okay A financial coach can only bring you so far But at the end of the day, this has to be you that deploys these ideas about choosing the appropriate account for you or Deploying some of the fundamental approaches that I talk about Dollar cost averaging infusing a little bit of capital per month to a program twice a month Once a week Whatever it is that's comfortable for you all of these strategies, right?  They they absolutely work I went back on The accounts that I used to review for you guys just amazing How time is the critical ingredient to infuse into your respective accounts And when we're talking about the approach through diversification We're talking about the approach through dividends I really want you guys to consider those as being the critical pillars of of wealth building And and when you say well Ryan, I can tune into 500 other youtube channels and listen to and talk about Um getting rich overnight or investing long term and that's right. That's right I I think there's a ton of people out there now that are discussing I've seen a few topics or titles on youtube that i'm like, wow really i've released that previously I I've moved away from watching any other youtube channels All together Because it's so cutthroat. I've got a few even of my sponsored channels that sometimes I I kind of look at and i'm like jesus. Are they talking about me? You know at 30 000 subscribers. I'm pretty happy with the project that we've built in the short term I know the project will grow over over time because I'll lean on all of those people Over the long term now as of late you guys understand that the frequency of the channel has been Fairly light and you're gonna have to give me a pass on that We still are pretty consistent with the friday live stream if i'm out of pocket like I was last week Then there's nothing I can do about that But the consistent product that we put forward on on the friday live stream is absolutely worth enough to Earn your subscription. Like I said, I'll send you a bill As soon as you hit that subscribe button. All right No, i'm just kidding What would it be that would set the independent investor channel apart? In in what you can glean as far as useful information Let me tell you a little bit about my perspective. Okay It was awesome being in the northwest. I felt like I was home breathing some clean air for the first time in a while Um, I come from fairly humble beginnings Um, I do not come from any type of infusion or start Um, I was not gifted any type of head start on life As a matter of fact, I found myself starting out in the negative When I first started out So my perspective of money is one that I can share openly in that I truly do understand the value of money number one Number two the opportunity that we are provided, especially here in the united states of america. That's where i'm domiciled That's where we roll. I can cross compare sometimes what I notice about The opportunity that is made in more Suburbian and and country Um and the opportunities that I have been in one of the most powerful cities in the united states This place is bleeding money So there are opportunities here if you're willing to put up with the The the constant craze of the bottleneck effect here in this great city of new york city But um, nonetheless, um, I'm looking to exploit the opportunity and really take advantage of it But but something that I harp on on the channel and I I share openly and it's an idea that I don't really feel like is shared in in the mainstream And I I hope I'm wrong in that people can come into youtube and consume some content and get some motivation to to build wealth And I I think the funniest thing that I think I've only heard myself talk about is thresholds of wealth It's something that if you if you just look at Um Most people when they say well, you know, I'd like to be a millionaire And the sheer fact of the matter is that very very few people will will reach that seven figure milestone in their life Why is that? I presume that those folks It's very easy to say very very difficult to do if your goal in and of itself is to Pursue a million dollars. Okay And even more common place is to challenge that idea of pursuing that million dollars With the idea that you have to achieve your first let's say thousand bucks first Okay On the independent investor channel I've always talked about the importance of pursuing and achieving that first ten thousand dollars of invested capital I I really think anybody can save themselves up to that First second and third and fourth investing threshold those being defined as $500 $1,000 $2,500 $5,000 and then inevitably moved to the $10,000 threshold It goes up from there 25,000 50,100 quarter million 500 and eventually a million There's 11 total thresholds of wealth count them. Okay. Oh, you're wrong, right? No, I'm not I live breathe and eat this stuff and it helps New investors kind of break this down and put themselves on a little bit of a continuum So if your first time picking up the channel or the title catches your attention and you come to the independent And you you kind of get a little bit involved with my conversation It may challenge you a little bit to understand gosh Ryan's talking about the first thousand dollars of invested capital I don't have that yet I'm going to break it to you for most new investors new investors Most everybody Did not have that when they started and they achieved it and they surpassed that amount If they stuck with it and they were serious about wealth building. Okay and I want to share with you now Over the last five years when I first started youtube in general I had about $80,000 of net worth That's about five x'd since then okay and I want to make sure that you truly understand in About six short years of doing youtube and sharing wealth building with folks What we're looking at so I've kind of set a framework for you guys And and I set individual goals for people to suggest that look if you've got a couple hundred bucks in savings You really want to get started in investing Your real house is to achieve your first five hundred dollars of invested wealth and I think that's great You know on the dollar cost average side of the house I share openly that I started with $25 Contributing that wealth every month. That's it When I got my first solid job I started contributing about 50 bucks a month and it's went up Since then I'll have my good friend who's been a subscriber to the channel for a long long time And chris offered Ryan. Did you finish your 2023 contributions? And my response I broke down for chris in this manner here and I'll I'll explain it now Um the 13 thousand 6500 times two went into each of the individual ross As well as the 25 percent of my total overall pay Which gets me against the 22 five cap that I am currently not meeting But that's also roth tsp contributions there. So 28,000 total of contributions in 2023 That's what that's what a small fry like myself can afford Even again coming from humble beginnings that I think a lot of people can actually relate with when they come into the channel and you're like Jesus this this guy's interesting, man.  I don't yell at you. I don't scream at you I'm not trying to earn your subscription I'm just kidding about the charge hell if you don't want to subscribe You don't have to you can piss off for all I care because again the value of this information is Very very real and and very very prudent when we start to look at the performance of my particular net worth over the last six or seven years or so Now mind you I will share that the accelerated wealth really started to happen when I started to self direct to my own accounts Jim kramer is using language that I think he got right off of the independent investor channel Now I'm not so pompous that I would expect that a Big figure like Jim kramer would take words like empowerment which came from the independent investor channel And and discussing things like he can make a better investor out of you These are concepts that were these were invented by by me I was one of the first self-directed investors. I presume in this country about 10 years ago And and I know this because the accounts that were available from some of the major brokers Would still charge one to Around one percent and a lot of beta Programs were available, but not quite all the way to what we enjoy now and that's fairly In line across all brokers with investing for free Okay, your access to the market is right there So we don't have to spend a lot of time on it All we have to do is focusing on moving people through financial thresholds And I speak as if you can do it Not as if like you're going to embark on this journey and maybe make it or like there's a fairly good chance that you'll fail All that's garbage. You actually have a fairly good chance of succeeding if not, albeit just guaranteed If you follow and start to really deploy all of these tools that we know Okay, and avoid some of the pitfalls that we we will talk about. All right. So when we talk about the account thresholds I just saw blood phantom pop in really cool stuff, man It's kind of cool for some of these old school and mr. Devin and investors right below. That's really cool It's kind of funny how the holidays bring some people around man And it's uh, it's an open door policy on the channel. I've always contended that this channel Um, it is really made up of the community that frequents the channel and that's it Um, I'm really just here to kind of facilitate the business and hell I'd make you one if you were with me anyway. So um the people who have met me. I know that that's for sure All right. So let's start at the top here three accounts Above a hundred grand. Okay. So you think about that you think, okay. Well, this guy's either bullshitting me Which there's a lot of that going on on social media or he's telling the truth Look, I have no reason to lie to you three accounts right now that have met the hundred thousand dollar threshold Now Collectively we want to move those hundred thousand dollar accounts to the quarter million dollar account mark, right? So we can collectively Meet that million dollar mark. All right So you you notice here the idea that we embark on this journey Maybe with one account All right And we embark on that journey to grow wealth that now that doesn't mean that you can't just grow wealth Independently for yourself, but I have a spouse in the scenario So we look to build that wealth together. So everybody's scenario is a little bit different Maybe you've got kids part of this wealth that I'm going to declare to you our gifts to my kids because quite frankly I I enjoy investing for them more than I do myself It'll it'll all go to them as declared in the thread here Along the lines of passing a legacy on to my kids and and really as long as I can pursue my goal of financial security I'm happy. Okay, but three accounts above a hundred thousand. I have currently one account above 50,000 Okay, so that's four accounts. I currently have four accounts total over 25,000 Okay, so that breakdown is the three accounts are all individual roths Okay, one Roth tsp and two individual roths So on the high end of the hundred thousand dollar breakdown I'm not going to get into the specific holdings of each of those accounts I will just declare to you this the majority of it is comprised in a dividend etf vig at the smp 500 v o o and in the tsp. It's the c fund which is the Comparable to the smp 500. It's an index fund yada yada Okay, but you see the theme there across the low-cost etf index fund range And then you've got really the magnificent seven and some dividends spackled in there for the three accounts Totaling up over three hundred thousand dollars of wealth most of it tied up and passive The real takeaway there is that it's tied up in tax protected dollars Achieving that wealth over time. Okay. Now the four accounts above the 25 is comprised of the m1 finance I share that openly through the channel The business account m1 finance and then the savings account that sits at about 32,000 We've made a concerted effort in 2023 to actually allocate a little bit more money to the savings route That's just another bucket that you guys can look at and say god I don't know the market's been kind of on fire I want to still continue to contribute but ryan mentioned maybe the potential of adding some to cash When I switch over to fidelity, you guys don't think that that incentive is going to be there We're running 499 on my money, right? So there's going to be a lot more incentive there I look at the opportunity of cash Right, so I have that capital put aside right now. It sits at about 32,000 We're going to continue to grow that because we have goals of having a nice down payment available When and if this real estate market comes down into the stratosphere and not reside outside the stratosphere But we're continuing to monitor that we'll live to fight another day two accounts above 10,000 One of them comprised in a 529 And then three accounts above 5,000 a 401k The other m1 finance account which is dividend and dividend account number two I share that openly and then the additional 529, right? So If you count up these accounts, you're talking about three four eight nine 10 13 accounts five nine 10 13 total accounts That are at different investing thresholds 13 Um, when I talk about the level of wealth over 10,000 You're talking about 10 4 6 10 accounts The vast majority of people I would presume and and I don't have a good command on the statistics But things that I have heard and I heard these statistics a long long time is that Of all the Mercedes and BMWs and white picket fences and people who are up to their neck if not drowning in mortgage debt Or credit card debt or a combination of both When when when the the dust settles on people and the reality of that Which I think is why a lot of people are quite frankly embarrassed of their finances. Hell. I'm not embarrassed I'm proud of shit They're embarrassed To the to the facts That they are in debt and I would go so far as to challenge the idea that if you are in that camp of having over $10,000 of invested wealth In the market Maybe you are not in that camp Perhaps maybe you are not in that camp and you earn six figures Perhaps maybe it's time to reevaluate your program and understand the power of somebody who comes like the dirt Like myself, right? I grew up bucking hay and chopping wood skinny dipping in the pond If somebody like myself can put those three things together and actually accumulate wealth to the tune of 500,000 Half a million dollars in growing All I need is a conducive market to jump me up and I'll slowly be reporting out that I'll be at that seven figure mark Whether or not I make it in this life or not really is not something that I Aspire to anymore Okay, my aspiration is such to grow each of these individual buckets to meeting their next financial thresholds so For you guys the real takeaway is to look at that wealth and get it to the next financial threshold And give yourself a little credit when you when you meet those those thresholds And you might come to me and say well ryan does it take a lifetime to get 25,000 in in in an investing account I will declare to you this It has taken 12 years For one of those accounts one specifically on the top end that is a hundred thousand dollar account I started it with the The goal of having a hundred grand in that account by the time I retired I'm there now 12 years after the fact 2011 I started investing in this account It was an opportunity to take surplus capital from the earned Dollars that I make every single day I started at two percent my friends two And I've declared to you tonight that I have indeed up that to 25 percent And that account is at the hundred thousand so the question becomes over the next 12 years of my working Time frame and the decisions that I make and the amount of surplus capital that I'm able to push in How much could we actually look at? Putting away in that account my new threshold has been pushed to 250 And I think that's fairly conservative to be honest with you that if in 12 years I've been able to get up to this amount. It's hard pressed to suggest. I mean I'm up today right now.  Nobody wants to talk about the stock market when it's down anyway, right? It's that it's that euphoric state that we transfer into when those investments during hard times that very very few people are willing to put up there really pay off in spades and a lot of the wealth that I've declared to you guys And is pretty crazy. I was checking some of the accounts that I used to share on the banners And I'm up in every single one of them We're up pretty significantly just funding those accounts that were clean Not subject to movement were funded fairly frequently And we're just allowed to grow And pay dividends over time really just adhering to the tried and true fundamentals of investing DCA diversification And and and seeking some dividend renderings in in this particular case. I've grown this wealth without him Really given any payment on idle cash. So I think it's really going to help Accelerate the bottom line for me when I do effectively make this transition over to fidelity And I'm excited for the prospects of Starting with a little more of a program that actually has my best interest in line a little bit more The transfers took very little time and and they've earmarked november 30th for the transfers to take place So I'll report out on that as appropriate when we get everything settled and the and the dust You know does end up settling on those accounts There'll be a little bit of extra work that's Involved with switching especially the 529s.  I've got to set up a direct transfer on that The accounts like and kind should transfer with no problems, but standby for rolls It's not easy to to to to effectively uproot And that's where my hesitation was for many many years But like I said, it was the straw that broke the camel's back Some of the tools that you want to look at once you get that account established Start looking at these financial thresholds and goals to approach Then you can start to deploy some of the tools that we talk about and that's etf index funds dividend stocks some of the growth stocks i've placed in video salesforce.com into the portfolio Amazon I own a big position now in amazon google Facebook Microsoft and apple really the magnificent seven out of that I don't really see the bullish thesis and I could be wrong on netflix And or tesla. I don't own outright right now, but those other ones I I do So some those are some of the tools that are actually placed now into the Roth The strategy for you guys to keep in mind is to Adhere to and acknowledge those financial thresholds Move away from the mentality of becoming a millionaire over the course of your life because if you're unwilling to put the tools And the strategy is in place to earn that first Let's say ten thousand dollars I I don't want to patronize this group because anybody coming into this and subjecting themselves to my banter for 60 minutes Is truly interested in wealth building. Okay, whereas I think a lot of people they want to sit back They want to tune in and they want to slouch back on the couch with a bag of fritos Or Cheetos either one and drink a big coke and expect me to make them a millionaire overnight That's just not going to happen The things that I'm posing out there are strategies that you can actually Deploy and things that are actually critical to your wealth building strategy Ignore the market swings.  We talked about that. That's just another strategy Look, man, if you if you're very conservative take 25 percent of the surplus capital Award it or allocate it to an investing strategy If you like the idea of saving to capital, which I do Um, then you can kind of do both and say, you know, Ryan's right, you know I I think there's probably more chance of me ending up with some financial wealth someday with the compliments of investing As opposed to try to go about this and save myself to a millionaire status I'm not saying that you can't do it, but man alive. I I look at the accounts of a $10,000 bill here 20 000 of appreciation over time I go back and I look at the wealth over the last six years and I don't know where the capital appreciation has gone Now a good bulk of that has been contribution. A good bulk of it has been A capital appreciation and a good bulk of that has been dividends rendered Look, it's all for naught if you decide that you're just going to not invest for whatever reasons you come up with Okay If you start to kind of look at this and remove the word investing or remove all of the Terms that go along with financial knowledge and just look at this as being a participant in financial markets I often pose this idea of investing in apple and people kind of get the light bulb above their head and they look at apple differently, they look about it differently than the store in the mall that always has a line at it out of it and you wonder why You know, I mean I walk by these companies and I'm like, I'm glad I own it the amazon right now with black Friday Cyber monday. I'm glad I own it Amazon's a good buy right now trading in a very very reasonable valuation google making money hand over fist meta Doing some very some advanced things microsoft with a i You know, the list goes on and on in video with with their chip and You know, there's so many cool opportunities And I think once you start to prove to yourself that becoming a participant in the capacity that you define Wonderful now you don't want to hear me and say wow ryan said in video That means I have to go dump my entire net worth on nvidia. I shared with you guys. I see don't forget palantir Daniel, I you know, I totally agree with you and the cool thing about investing is that it's almost almost Close to an infinite landscape of opportunity out there There's probably an equal opportunity to lose money in the stock market depending on where your loyalty lie I see highly on right back come. It's been a black hole Yeah, no no kidding it has and that and that just proves out to be Some of those things that I think for most people 99 percent of investors really just need to Put their focus where Uh focus is is necessary and what I mean by that is buying passive investments buying the smp Buying a nice dividend etf or index fund whatever you choose And if you're going to dabble in single stock by the best quality that you possibly can That is not reflective of the best quality out there It is indicative of how crazy things can change in the micro cap space So you just have to understand the game before you sign up for it Understand a little bit about what you truly want out of out of investing And if I can give you the secret sauce through social media I will tell you that for most people even if you don't realize it Are not prepared mentally to engage in that level of investing. Okay Moreover, I would suggest that Most people don't need it Myself included I don't need it I've built up a lot of net worth for the opportunity To engage with a certain percentage of a portfolio into that speculative idea, right? But for most people, uh, I For you guys that have figured it out on the independent investor channel I don't care if I have one one person come in here every friday I'm going to talk about what I want to talk about. Um, have you noticed a digression of some of the content on the channel? Yeah Absolutely my motivation to deliver the goods like this is most appropriately delivered on the friday livestream Or I have good devote following of people who are interested in the goods This is the stuff that can impact people to the positive talking about that stuff right there I'll get two three thousand views on it, which is pretty good for my channel And it does the most damage define irony This is the stuff that the least amount to people are truly interested in Really taking the time to try to understand and listen to the validation that I provide And keep coming back to this idea that this is the stuff that actually works I I tried this five six years ago. I caught a lot of scrutiny for it Um, there was a lot of hype going on. There was people coming on to youtube I sat back and watched the whole thing Throwing money at people the more aggressive they could possibly be Now this is the spack of the next day This is the spack you got if you just started at ten dollars and write it up the nineteen dollars You can make money guaranteed every single time. Where did that end up a few short years later? Chock it up and throw it in the basket of those fads that come and go It's just that simple mark my word. It will not be the the last We will have many others and for for for all intents and purpose i'm an evolving investor Just like you guys are the difference between me is i'm forward facing with my program because I totally understand that the baseline That i'm able to share with you guys It absolutely provides a bedrock in the portfolio That that I don't think is gonna gonna move at all. All right, so let's get to some comments guys I appreciate got a pretty good gallery in here tonight. Very cool stuff And victor's in the house. I appreciate you coming on tonight my friend. Very cool stuff Chris as well, it was one of the first ones into the live stream every single week. It was very cool. I appreciate you I'm juniors in the house man. Very cool Roth. I day the best retirement account tax free Yeah, this is one of those things that if you are going to Trip and fall into investing you really need to adhere to this idea Um and get those individual roth started to start contributing up to your maximum cap, which is $6,500 I believe for 2023. I believe that should stay the same for next year. I don't know if they're up on that I have not seen any literature to suggest that the 2024 contributions will be will be increasing Perhaps they will but for most people, you know, a hundred dollars a month put you at 1200 You know 250 You know put you closer to that cap, but you know around 400 450 $500 500 is what it shakes out to be To get you close to that max cap a lot of people Would take some work to get them up to that 500 dollars And to get them up to to to max contributing one Roth IRA let alone two So, you know, people have a lot of work to do and I look to provide that challenge to people to start and engage in that program Yeah, brodies in the house. Happy Thanksgiving, brother Very good. Brian's video got me to start a Roth That that is an enormous elk. Oh my god. That's just huge. Look at that thing That's impressive Very cool stuff Yeah, I mean, you know, that that's the type of influence times whatever number of influences have over the years come into the channel And enjoyed really solid information That's the stuff we're going to and and and quite frankly That is the sellout piece on the independent investor channel is that we're going to continue to harp that good information And we're going to grow together with it. There's no doubt about it Because there's really no doubt in my mind that this is the stuff that works Look, I'm not suggesting that people can't succeed with micro cap investing But I listen intently to the people who really really are good and that I respect in the micro cap space And you think it takes a philosophy to win or a psychology or both in the application of disciplined passive investing It takes that discipline times a hundred in the micro cap space furthermore You can make it I do believe that you can find those stocks. They're out there and they they they have the power to change lives But to be able to suggest to come on to a social media Opportunity and go so far as to say that there's a tried and true pattern Of if you follow this pattern You will succeed in this art The the damnable misery of it is that most people even if they do follow this quasi defined Approach to micro cap investing Will in fact fail and and that I believe is a little bit more closer to the truth Than than what people would lead you to believe because It's amazing to me how people will come on and they'll pick fun at at at Growth investing or they'll pick fun at value investing However, you define that to be okay, but Just investing in good quality passive Investing can help the vast majority of people out there where I feel micro cap investing probably has the potential to Negatively impact the masses out there So you have to really really understand your own capabilities If that's part of the game that you want to engage in over time I would encourage you to look at it Exclusively as a very very exclusive slice to your portfolio But in its entirety, I don't know man You're you're a bigger man or or lady than me if that's your entire game And I know people that do it and I Who sometimes I sit back and I'm like goddamn sometimes I want to just ask like Jesus. Are you happy? And they would say yes Yes, I'm happy. I sleep well at night and it's a ball face lie It's like Jesus I know but You know my my top stock this year hands down by far and and I don't think there's a distant second Was was going long As of the beginning of November November 8th on my aduro clean technology shares That that my friends is the investment over the last five years. It's going to be the top investment It's performed really really well in 2023 In the face of what I feel like has been a very very transformational year I think 2024 is going to be bigger. I think we have looming information on the horizon And I think that in the micro cap space for me when I look over the landscape I think that really does Lend itself to to to interest and like I said when you look at the fundamentals and I look at companies And I think man alive This is going to be great The market can slap you in the face and tell you that's not what you should be looking at And then I look at other companies where I would have never even put one red scent into that And they skyrocket a hundred percent, you know, so There's only so many times when and I have the ability to look at opportunity and say without emotion That's a crap shoot But I I have a very very difficult time suggesting that and I I think and myself with others Think that we've gotten a duro clean technologies linked Like there's a lot of bullish thesis behind it. If you look at their performance in the face of tumultuous Small micro cap markets it it has performed outstanding No short of extraordinary My scary question is to suggest how well it does in conducive markets because these my friends have not been conducive markets They have not been kind on the micro cap market And that's why I suggest looking back on 2023 what a duro clean technologies has done with their progress as a company But as their Stock performance has reflected their progress as a company Has been very very remarkable even though their year over year gains is Low low double digits Right, um, and I do consider that to be my stock of the year. I don't need it to move very much I own 28 000 shares of the company. So um, it is absolutely my holding I'm I'm glad that it has went long finally on all of my shares minus 500 I'm still short on those so those would be first in first out I have not liquidated one single share of a duro because I value the position that much whether it be You know a 20 000 position or a 280 000 position My thesis on a duro does not change They just need to avoid a buyout, which I think is going to be difficult to do I think if they are valued More appropriately to what I think the technology as well as the opportunity those two coupled. I think puts this company Conservatively above 750 million that's conservatively and I say conservatively because Compared to its peers Valued over a billion dollars with less than sufficient technology I think you could make the argument to put a duro in the in the one billion plus category Right now it's trading at you know a 60 million us It just does not reflect its current value and and its current value right now It's easy a 10x from here easy a 10x putting it at 650 million and I just I I think that that is just inevitable My conviction is is is right on the money But if there's anything that I've learned from 2023 None of that really matters until it happens Can it happen? Yes. Will it happen? We'll have to wait and see so I do caution everybody in understanding that You know my march forward is going to be from the masses here It just speaks to my independent approach to this gig. Uh, it speaks to my um Acknowledgement to to some of the folks who have come in and they heard specific pieces of the message and and and look to deploy Specifically some of what I have said and missed the holistic approach to what I'm trying to do From a wealth building perspective and I think that's kind of sad actually. All right Very cool art studios in the house live on uh, blk friday appreciate you man. It is black friday cool I bought a new belt. I treated myself Very cool stuff, man, it's great to see you my friend and uh Got blood phantom in the house, man. It's been a while since I've seen you my brother. This is one of the brilliant minds on youtube that I still hold in the highest of regards with The approach the discipline The the technique and you know, it's one of those individuals that I felt like deserved minimum 50 000 subscribers on youtube Just a brilliant mind. I'm just glad to have him in my network and community And I I hope he considers his involvement in the independent investor channel just the same I don't say that about everybody But I hold this guy in the highest of regards man. It's great to see and my brother Very cool. He leaves a comment right below folks would be better off listening to ryan and kramer Yeah, I I don't I don't know it's it's hard to You know these multimillionaires like like jim and and like dav ramsey You know everything that I've studied about their empires I don't like Uh, I think everything in way of just milling people for for this money is meant to contribute to the day of ramsey show or or the jim jim kramer show and You know, even by portraying an idea that somehow you can empower one investor as at a time, which Is my motto He took it from me and I don't have the money to sue him for you know, taking my good ideas to to to To speak to what we're trying to do here on the channel and that's really to Look at themselves as their own personal powerhouse entity Furthermore, maybe even look at themselves as their own personal brand Now this is what I feel like people need to embrace with the new era as much as I despise social media I do think people need to look at their opportunity and look at how they carry themselves And look at their day-to-day interactions and look at their Overall philosophy about life and and and if you feel like you can come on to a social media Opportunity like I do and share some insights I think there's a lot of people out there like like this guy Who who says some things that I was like man that that's really really sharp And we can only find those synergies through the power of social media And I just appreciate the hell out of this guy. It's awesome But a long time subscriber To the channel and it's an open door policy with regard to his access to to myself For future endeavors. That's that's no doubt make no mistake We're looking to put something together very very special here and I intend on doing that We've got five minutes left in the show. I'll share with you guys my Current initiatives over the next five years short to medium term is to monitor the real estate market To acquire some real estate To embolden the business. I hope 2024 is as good as 2023. It was really good year for me And to establish that irrevocable trust That's really the culmination of bringing some well established assets into An investment vehicle that kind of captures everything the insurances the businesses The the real properties the llc And and really culminate that idea that I have Of leaving the legacy for the kids someday. So that's the short to medium term other than that We're putting our heads down on the career. We're working pretty hard right now And we'll continue to engage with you guys in this capacity. This is what makes me happy right now I admitted just as early today to one of my buddies that that is a featured channel of of Of the independent investor channel passive income investor. You guys all know kyle real well But I was talking to him this morning and I said my motivation is Fairly light right now to come on and just do Daily content because if I did structural fundamental wealth building and portfolio Building and the importance of building wealth. I'd get three or four hundred views guys. That's not worth it for my time And and unless I have the time to commit to give youtube what I am unwilling to give at this point And that's daily content and just flood the subscriber base with a bunch of jargon and garbage that of which I can cover In much more of an intimate session and a live stream then that's what I choose to do I do this because it feels right and and if it stops feeling right then I'll stop doing that too But the the live stream I really enjoy and someday will look to actually expand upon this product And do a little bit shorter of a live stream a little bit more consistently than just once a week Because I'm good at it and I like talking off the cuff. I don't script any other stuff I think it's super important. So very cool Very cool TSP's got 50 50 between the c and the s and that's a little more aggressive than I've got I've got 70 20 70 15 and 10 75 15 and 10 You want to make sure I give you the correct number so 75 in the c fund 15 in the s fund and 10 in the international fund. So that's what we've got But I like your I like your idea of just investing passively in there Make sure that you're not tinkering with it. I think you're going to get really good performance out of that S fund if we can come out of this stupor, I think you're going to make a pretty heavy coin on that So just stand by for rolls man. I appreciate you sharing. Anyway, very cool stuff This is Michael. Oh by the way, he changed his thumbnail man. He changed it up on me. That's awesome. I appreciate you Michael Thank you. Michael's been a long-standing subscriber the channel as well. So kudos to you and happy Thanksgiving Thanks for defining you new thumbnail with me, man. I don't know what happened, but Thank you. Thank you for coming on. I really appreciate it, man In your fidelity account, you can set up price triggers that well They were send instant message on your phone when stocks drop. I saw that so pretty interactive verdict is out. I'm going off of multiple recommendations to metrodate some You know, I'm I'm very hesitant for it's me. It feels kind of weird To be uprooting from a bank that I've been with a while I know I shouldn't feel like that but it's it's a pain in the pain in the ass To have to uproot and I've been with them for a long long time But I just cannot continue to give away that much money and free money and trying to generate money from the from the stock market. I I think I'm owed A lot more than what I'm being paid on my idle cash I tail into 2020 and all of 2020 was a pump and dump on shitty stocks. I'm glad you stayed true to your fundamentals Oh, I don't know if I'd go that I shifted a little bit away from my fundamentals if I'm being fair and critical to be honest and You guys have learned to appreciate my honesty throughout the course of the channel and Certainly live some of the mistakes and evolution of the learnings. I'm steadfast in Really consolidating the approach And it's something that I've taught upon through the course of the channel If you can just pick that strategy pick that philosophy Throughout the course of your entire life and not deviate No matter what and I tell you what that was pretty tempting throughout that time to get a little bit misconstrued By that whole thing and and at the time I I wasn't speaking up I was going right along with the ride Because there was a lot of money being made. Hell, I made a lot. I made six figures in 2020 swing trading the market But I did it swing trading quality stocks. I really never got caught up I made you know a little bit of money with this back craze and You know the whole idea that a company is automatically worth $10 a share Now all of them are worth below a dollar. They're all penny stocks, you know, they're all just garbage And some of them are doing some really good things, but but they've got such a tarnished reputation I don't know if they'll ever come back And the verdict is still out. What is the lesson in all of it? The lesson is to do as you speak Um and and and to really kind of write the ship a little bit and and that's what I plan on doing and For those of you who appreciate it, that's great for those of you who don't appreciate it They've already unsubscribed from the channel and that's totally fine, too I want to earn your subscription I don't want you to come into the channel because you feel obligated to To it even though I do contend that the stuff that's being put down is It's worth it. I really feel like I drive toward being the recipient of the message And I think if I'm in my best element I'm really talking about those things that people can sit across from me and understand Hold on a second. This guy said he was going to charge me for hitting the subscribe button But if I do start an account here, if I do invest in etf or if I do engage in a broker That is free of charge Most of this just is personal initiative That uh, I'm going to deploy that can really set myself apart here And I think the idea of people taking control of their own money is really really attractive And quite frankly very very addictive for a lot of people and I just assume you get addicted to the idea Of taking control of your own money when lose or draw. I think it's important I agree with you on 100 keep blessings these golden nuggets, man. Appreciate your brother. Thank you so much Appreciate you coming on man. Very cool stuff. We've got a couple more comments here. Join your channel soon Love to have you on brother. It's an open door policy, man. You know, I'd love to have you on Alex Thanks Thanks so much for stopping by it's kind of a blast from the past kind of made my evening seeing you And I hope all's well with you man changing the world with your with your technology I thought you were into software development I believe if I'm remembering correctly, but I I know you're one of those career guys too, which I really like I I like This young community man that this young generation that we have coming up. I'm not part of it anymore. Okay But I do notice some things about the new generation I'm I'm scrutinizing of it But I'm also very complimentary because there's some brilliant brilliant folks coming up through And I think this stuff this methodology that I teach upon Can really be looked upon and I think it can be gotten really really quick by this new generation I think they can really get this stuff dialed in and then they can focus on all this other stuff Right that they need to be focused on in their life to actually build some wealth I think it's super super awesome Very cool stuff. We have victor in the house watching With the fam love and the stream shot out to the Hernandez family fantastic Sorry, you get a ninth inning call out. Hell if you would have posted that on the top I would have given the Hernandez family a call out in the first inning, right? I wouldn't have waited for harry carry to sing to take me out to the ball game I mean you guys are kind of in the nosebleed seats at this point, right? But 24 strong man sticking in the live stream with me That's the type of devotion that I really really appreciate and quite frankly I'm very thankful for with the community that we've built up over time It says great stream enjoyed the chat fantastic at the thresholds of wealth Just an idea amongst many that we talk about on the channel here Really appreciate you guys tuning in for the fastest 60 minutes We will in fact be throwing down next week on the independent investor channel live stream guys Thank you so much. Have a great rest of the holiday weekend. Enjoy your time. We'll catch you next week


The Minister of Education Adamo Adamo says the federal government will continue to accord priority to technical education. Adamo disclosed this on Saturday in Beachy Canal State during the sixth combined convocation of the Federal College of Education Technical. The minister who was represented by the director Colleges of Education, Onye Kanwa Bogo, described technical education as a major pillar in economic development. The minister said the federal government is passionate in its vowed commitment to ensuring that education took its rightful place in Nigeria. Adamo said that the government would continue to invest in the sector through approved capital allocation and training routed through the Universal Basic Education and Tehsir Education Trust Fund. Hello, hope you enjoyed the news. Please do subscribe to our YouTube channel and don't forget to hit the notification button so you get notified about fresh news updates.


The Northwest Indian Community Development Center had more than just one reason to celebrate today in Bemidji. The center held its first ever GED graduation ceremony and marked the special occasion by hosting the ceremony in their new building. Seven students earned their degrees and five of them took part in the graduation ceremony. The ceremony was put together to celebrate each graduate's success and accomplishments. We just can keep continuing to build and build and grow within our community and so now that we are out there we really want to just show our members and our students that every success they have is reason to celebrate and so we really are just here to honor them tonight. The first ever graduation ceremony concluded with a meal and a special graduation cake. If you've enjoyed this segment of Lakeland News, please consider making a tax deductible contribution to Lakeland Public Television.


And irregularities were also reported in Idemili South local government area. The returning officer, Dr. Gabriel Otung accused a supervising polling officer of running away with 41 of 42 results sheets for 89 polling units. Dr. Otung made the disclosure when he submitted the results for the area. He disclosed that there was no election in Oba Ward 1, Oba Ward 2 and Akoku Ward. He also reported gunshots in some polling units. The party agents of the People's Democratic Party and the All Progressive Grand Alliance agreed with him. But that of the All Progressive Congress claimed voting took place in the affected areas.


There you go, that's an augmented reality which is getting overlaid on top of a mocap, Harvard, MetaCupin. It can be a brand character for all you know, right? Now look at use cases for market deals. All of us in the room, we do a lot of more activations. Can we get our face of the brand or brand ambassadors to pop into detailed locations? Me and Prashant, we were having a conversation about how can we drive conversations with Zenzi outside the Burger King outlets?