Hello and welcome back to the deal room and what we're going to talk about today. It's something called Davos and we're going to use that to kind of talk about a couple of the things coming out of Davos That a particular interest around private equity AI, so all of the good stuff, but we thought a lot of people who might listen might not even know What or where Davos is the importance or not of that event? So we thought we'd start with perhaps a little bit of an explanation because I think if you're going to go and work in Probably any corner of finance You probably will come across this on an annual basis because it does touch on it Nearly every part of the financial spectrum from investment banks to PE to asset management and everything in between So yeah, Steven, perhaps you could kick us off with what is this event? Davos well, I'm quite disappointed actually You can see my my screen. I don't have nice mountains in the background You haven't you never been to Davos? I know you used to move and shake in a few political circles back in your youth I mean you never got the invite. Look never got the invite. It's a it's a it's a very very Well, there's only sixteen hundred people that get invited and so far despite banging on the door Making my case that I should be there Keynote speaker. I've never been invited So to the boss, what is it? It's something that we're not at at the moment But if you're watching Bloomberg news or any of the other financial news channels, you will see leaders and executives Nicely framed with blue sky and and snowy mountains and they're all having a great time other place called Davos in Switzerland and this is the annual meeting of the World Economic Forum It is where the movers and the shakers of capitalism and liberalism come to Wine and dine and not along to keynote speakers saying all the right things. So The first meeting of Davos was in 1971. So this is the 54th edition as I mentioned there are 1600 business leaders and heads of state entrepreneurs and young leaders that are invited every year this year We've got Jamie Diamond Sacha Nadella from Microsoft Emmanuel Macron Zelensky Ursula von der Leiden So quite a lot of the big names, you know, again, if you were To drop a bomb on Davos, you know, you're gonna be removing the real creme de la creme of movers and shakers and so much so that Davos has become a bit of a meme in financial circles It's back in 2004 what's I called Samuel Huntington term the phrase the Davos man or the Davos woman a kind of private jet Owning executive making globally important decisions. Hello, I the global emi the global elite I was just thinking to myself actually might ask you the question who who would you say is the ultimate? Davos man or Davos woman. Who is that person that just fits in with this? You know global elites making decisions Prognosticating on all sorts of interesting things. Who would you put down as the ultimate Davos person? Well, someone who I've always been and still am a big fan of However, she is Davos all over Christine Lagarde her tan her fashion sense of pizzazz Slightly shady dealings when she was finance minister. Yeah She's she's a Davos woman for sure. Yeah, well, she's there. She's there this week So I reckon she's probably been every year for the last 20 or 25 years. So yeah, I always I was thinking maybe Tony Blair He's quite, you know, Tony Blair consultancy jet-setting, you know on the board of various things Talking a big game, you know, this is his main roadshow of the year. Did you not know that? This is where he goes This is where he literally like sets his business deals for the next five years like every year So I have this I have this I have this thought and obviously Davos is a ski resort in Switzerland I have this thought of a real elite CEO a kind of Bill Gates or something like that just coming and learning how to ski on the on the beginner ski slopes falling Over and being laughed at by the rest of the global elite. Maybe that doesn't happen But I like to think it does Would you would would you say them the most in-demand person at Davos this year is Sam Altman would they would he easily take that this year? Do you think? Yeah, I mean, we're gonna talk about AI that probably is again in the in the word cloud of Davos Conversations both in the conference room and in the bars and the side meetings I would suggest that AI generative AGI is going to be the talk of the town and Therefore the likes of Altman the likes of Sacha Nadella of Microsoft and a couple of other ones that we'll talk about We're gonna be yeah a few you know a couple of years ago. It was Greta Thunberg and it was climate change It still is The opening the opening conference it with the conference was opened with a concert and the title of the of this year Davos is rebuilding trust and the concert was basically a Representation of the Sahara and the Amazon rainforest To represent our kind of climate burden and and the climate catastrophe. I think it's so strange Just thinking all right. I'm in the ski resort surrounded by you know, Zuckerberg and Diamond and I've got I've got this Strange representation of the Amazon I don't I don't quite know what's going on. That's right. Well, they're obviously very in touch people. So All right, well, look, let's let's talk about Three topics then coming out of out of Davos and one over to kick us off is around Private equity. So what what's happening in the private equity space? It feels like it's been a couple of weeks since we've talked about this now Yeah, so I just tried to pick three FT headlines from the week in Davos and try to unpack What's going on as maybe a bellwether or a bit of a signal as to what's going on or what's predicted in 2024 with regards to deal making so the first one is private equity predicts meal rebound as sellers capitulate on prices So unpacking this a little bit So as we've mentioned before in the podcast lots of private equity firms have bought big have filled up their funds by buying companies over the last few years and They have been waiting and waiting and waiting and waiting to sell these companies waiting on valuations to return to a kind of 2021 early 2022 level valuations have dropped off a cliff as we know due to the rate hiking cycle increased cost of capital Closure of the IPO market and so on So there's been this wait and see element across the private equity Alternative to alternative asset industry and we just hold on to this company for an extra year And instead of trying to sell it for $10 billion we can get what we think it's worth Which is $13 billion for example 2024 is going to be a year of realization and It was Pete Stavros co-head of private equity at KKR This said sellers have conceded to lower valuations and the pressure to meet a certain return on investment is ticking So basically what he's saying is look we try to hold out for the big valuations But investors limited partners investors in private equity firms private equity funds want their money back in fact Bain said that they the private equity firms currently have 2.8 trillion dollars of investments So not a great deal of dry powder a lot of investments Bain calls it a towering backlog of potential sales. So if you're thinking from a deal-making perspective You know a deal is good or bad depending on the price Now if the sellers are starting to go all right, you know We were going to try and get X for it But now we're happy to take why this is going to be a real Contributing factor to potentially a bumper MNA. Yeah, and we've already seen If you look at the if you look at the look at the websites You've already seen a lot of MNA activity in the first couple of weeks It already seems to have started with a little bit more momentum than last year And this is the one of the contributing factors Yeah, on that on that point the biggest deal announced in some time Actually what two two days ago in the software space a chip designer buying out a software developer. So yeah, it's definitely feels like a change going through the turn of the year for sure and irrespective of Pretty resilient economic data. We've had out of the states again both on the job side retail sales You know, we are still cutting Is the baseline expectation? It's just a matter of just raining in a little bit So those rate cuts are inbound People feel a bit more confident it feels going into the year ahead Yeah, and this is it's great to get the sentiment of Davos because these are the moves and shakers both from a government perspective And also from a business perspective So if this kind of a theme of a little bit more confidence is there then that that could be good for the markets in general But I do I want to pick up on one point It's really really interesting that in the context of the cyclicality of deal-making in this industry So Scott Nuttall the co-CEO of KKR who of course is at Davos at the moment Says this is a good time to lean in i.e. I up some companies There is less competition for deals and multiples have come down. In fact, he says in periods like this We have historically earned our highest returns and that sentiment that statement reminded me of Buffett's classic Be greedy when others are fearful fearful when others are greedy. So when you know, this is this is not a great time It hasn't been a great time for deal-making Confidence is still relatively low But now's the time to pick up some cheap assets that are now for sale So this is the time where the multiples remember from a private equity perspective You know, you're one of the key metrics is money on money multiple what you got out relative to what you put in So if what you're putting in is less than you thought you might have to put in there's a higher likelihood that what you get out will be bigger relatively Scott Scott pumping his book there Yeah, yeah, I mean look well if You're at Davos you've got to pump your book. Yeah, what are you doing if you if you're not? Cool. All right, then. Well, let's let's move on to the second one and to be quite honest with you I mean, I've not been tracking Davos a great deal. So it's timely conversation. There's a an AI company I was about to say small When you hear the numbers floating around with this it's not that small, but yeah, what have we got? What's this French AI company? Yeah, so the second headline I want to talk about today is Mistral It's actually a French term for the for the winds blowing in off the coast of Provence in the south of In the south of France the mistral how perfect for the So mistral becomes the talk of Davos as business leaders seek AI gains So obviously the big theme here is let's all talk about AI and AGI in particular And how it is going to necessarily affect businesses governments and the world We've spoken a lot on the podcast and Open AI and oh here an anthropic have been taking quite a lot of the headlines US West Coast based technology companies Hitting some pretty high valuations Relatively early on in their corporate careers, you know Anthropics a few years old co-hears four years old, etc But mistral wins the prize the highest valuation to age of company ratio that I think I've ever seen feels quite Unbubbly so mistral artificial general intelligence company based out of France has just raised 400 million euros at a valuation of over 2 billion euros So putting that valuation into context Who billion dollar valuation on a company that was founded in 2023 and I just shared with you a picture of their team looking all smiley and happy and wearing Mistral t-shirts What's the value per employee on that valuation that is mind-blowing So we're looking at a photo with about 15 maybe 20 Employees and that's the total sum of the employees of mistral. It's only a few months old Yeah, it is valued over two billion dollars and I was just checking some some similar Listed market capitalization companies here in the UK on the FTSE 250. I was thinking all right I wonder how many employees other two billion pound or two billion euro companies in terms of market capitalization have and I looked at whiz air the low-cost airline employees 7300 Don Elm the home furnishings classic always got time for done now always got time for done I'm well look they've got over 10,000 employees and balfour BT the kind of construction Infrastructure company. It's got 25,000 employees and they're all worth the same as mistral. She's got about 16 It kind of blew my mind when I when I just saw that photo and thought yeah, so is this the case of a New type of technology they have new idea or is this more FOMO from the investment community Yeah, there's definitely a little bit of a bubble here I think the realization that is coming though is that this isn't a winner takes most market This is such a big trillion dollar multi trillion dollar market potentially and the and the realization of Business use case has been there for all to see in the last year and the speed of progress is so quick But I think people are realizing that much like the internet boom You know, there were four or five companies that came out of that and turned into Multiple hundred million trillion dollar companies So it's not going to be that there's just open AI that we should all try and pile into it might be the open AI works best for a few use cases Mistral is is Trying to focus on open source customizable AGI which I think might have different use cases and different Customer bases So you might you'll probably end up with three or four. I'm pretty sure this is not a particularly big prediction I'm pretty sure that one or two of these will become trillion dollar companies You need that you know the next wave is going to come right? And it might be that there's three or four battling for it So maybe Mr. L's just you know like a horse in a race just positioning itself quite nicely All the winners here obviously the 16 employees, but all the winners here big tech Because to facilitate a lot of this AI has to come, you know cloud storage capability all these other things And am I right there using Microsoft cloud? Yes, yeah, they're using a zur for a Microsoft. So actually Nadella came out and said actually we really like mistral Just back back back a mall. Yeah. Yeah. Yeah, open AI. Oh, fine. You like the malls. Um, well, one of the interesting things I was I was looking at today was the role of Nvidia I think we mentioned on the pod before that Nvidia has taken stakes in the likes of co here But they've made 35 AI investments in 2023 Including mistral Regulation, I'm sorry. How does that? How is that even allowed? It does it does feel very Well, you say that we often talk about stakeholders when we're thinking about Investing and and more specifically ethical investing. We think look all right every company has multiple stakeholders You've got your employees. You got your customers. You've got your environment. You've got your shareholders and Often it's about balancing these very separate interests And that's the kind of skill of a great CEO now when you're When your clients is also your investor Suddenly the weight of that's that kind of joint stakeholder Overwhelms almost everything else and overwhelms the other customers that aren't also shareholders. So I totally agree This is you know, it's backdoor because they're taking minority stakes It kind of falls below the threshold level for regulators get interested But when you're thinking about 35 AI investments, all of whom are going to be predisposed towards using Nvidia's Chips and technology. It's it's pretty mad So it's hard not to be skeptical with something like Davos when all of those people involved or 1600 or however many you said Probably all have some skin in the game with some upside exposure to all of this and yet They're the very ones that are setting policy To prevent a lot of that Yeah It's it's nice. It's you know, it's the world's biggest network. Well, it's not the world's biggest It's the most world's most important networking event and you've got 1600 nodes Probably with pretty strong connection to multiple different nodes connecting in this vast web of Davos And I'm sure that conflict conflict of interest is not much spoken about but it's definitely happening, isn't it? Okay, well, let's let's go on then to the third one, which is Blackstone and a comment from their boss Steve Schwartzman sees animal spirits returning to financial sectors. What is this animal spirits? Maybe we go about that Animal spirits what animal spirits is basically I can't I don't know where the phrase came from but it's basically confidence in The ability to make money So animal spirits, so I am confident I feel bullish that I'm gonna go out there and be an animal in the market. I'm gonna meet my I'm gonna make money and I'm gonna win That's how I that's how I see animal spirits. Maybe maybe you've got a different definition But yeah, so this is the headline Blackstone boss Steve Schwartzman sees animal spirits Returning to the financial sector and the reason why I picked this headline Because there was four or five of these headlines, you know from again keynote speakers panel speakers We had the Morgan Stanley new boss Ted saying that there was going to be multiple maybe even up to eight Interest rate drops this year, which I think is a little bit Overoptimistic David Rubenstein at Carlyle talking about rate drops thinks the first cut will come in March Lagarde your favorite Hints of potential rate cuts in the in the ECB by the summer So, you know, you just you start to kind of pick up the messages here You know Solomon at Goldman Sachs We are just across debt and equity issuance seeing more activity and more engagement so that you know, you can just sense this wave of Optimism and I think you you've covered it on on your podcast with peers, but it doesn't feel like with you know, there is Momentum to get a bunch of good news out there because there's a big election coming up at the end of this year You know, are we gonna are we gonna front load rate cuts? I know we're drifting into your territory here. So what do you think? Yeah Again, I just can't help but think when you say all these things and you've got like each end of the spectrum from like The policy setter sat there side-by-side having dinner with the banker with then the CEO of an investment bank and then you've got the PE guys sat there. It's just Yeah, that I don't know I don't want to go down the trap of opening Pandora's box and speculating on all the stuff that goes on But yeah, it's it's definitely interesting. Could there be your question then? Could there be pressure to? Act with policy. I mean, yeah I mean, I would if I were the CEO if I were one of these business people I would be Look putting pressure on making these things happen. I mean Obviously not bluntly but in a sophisticated way and in a unified voice from the industry and across different sectors to put pressure on policy Setters, I mean your goal your objective is different to a policymaker And so your goal is to appease all those stakeholders. You said so in their interest. I would be piling it on Yeah, yeah, and and who knows whether you know Bit of pressure coming in from the White House on Jerome Powell as well Look, you know, we need some good news in H1 because you know what a what a mess It's gonna be if if Trump gets in there's definitely that narrative that's floating around as well So yeah, I was also just in the context of animal spirits Especially over in the US. I was just looking up and though we've covered this a lot But I was just looking up some u.s. Economic growth and kind of macro statistics I just want to get I just want to get your thoughts on this where in the G20 largest 20 economies Where does the US rank in terms of quarter-on-quarter GDP growth out of the 20? We've got China. We've got the UK India Russia, etc. Where do you reckon is? Well China's slowing, but it's still growing fast comparative to Western economies. So what where is the US? Yeah, where's the US in the terms of rankings of speed of quarter-on-quarter growth? Hi, because they've been as I said earlier surprisingly resilient. So top three Not bad behind China because China's what 5.2 percent something like that Well interesting enough the second behind India. Okay, so so the US Economic growth in Q3 2023 year on year was revised up to 5.2 percent, which is quite nuts ahead of China And the only economy that was growing fast in Q3 2023 was India out of you know, and you think this is an Extremely developed economy often these kind of five six seven percent growth rates come from more Chop economies and so, you know, there is reason maybe for these animal spirits you translate the macro into what's going on on the deal room and and There's reasons why Rubenstein and Solomon and Ted picker again talking their own book but talking a slightly more bullish game Well, yeah, I mean to kind of conclude this point I've got the definition of animal spirits and within the conclusion of the conclusion is this concept That basically it helps explain economic trends may not always follow rational patterns Highlighting the influence of human psychology on financial markets and economic behavior And I think that kind of summarizes then that what events like this do I think they amplify that pattern whereby you can put some Coordinated effort into shaping what the future looks like to influence the policy setters Irrespective of them looking at the the concrete factors. That's really it's a really interesting definition So maybe animal spirits taken, you know taken back a couple of years was the meme start Crypto 2021 boom, you know that was dislocated from reality in so many ways, but the animal spirits were there Going to the moon HODL all of that stuff. I'm sure you got involved in and Not as much as I would have liked to We're not at Davos. So whatever. Okay, so well look to wrap things up then I know he's kind of slightly touched on this throughout But I know you we wanted to ask the question to ourselves to have a bit of a debate of Basically is Davos still worthwhile and perhaps a little bit about The themes at the moment, but also what would be a positive force and a negative force about this as an event Yeah, I think it's you know, I said this was again another headline is Davos still worthwhile I think it's it's worth debating this and it's worth trying to To kind of remove your cynics hat It's so easy to be cynical and there was good reason to be cynical of course and the the author of this article Did say, you know, what could be more decadent than traveling across the world in a private jet to discuss net zero and climate positive policies It says it all So, you know, I can give a load of arguments again, but what can you give any arguments for why is this actually a good thing? What's the upside here? Yeah. Yeah, I did have a bit of a think about this. I've got a couple of points and Yeah, you're right. It's very you do have to check yourself Because the instant you go to is just what you've almost passively been exposed to which is such negativity around Davos and all the things that you've mentioned but a couple a couple of positives Because it's we're recording this on a Friday. So Fostering partnerships that might not otherwise be formed and what I mean by this is you might You know, a lot of these people we've mentioned are pretty well connected So whether it's the Microsoft chief talking to the open AI chief who's talking to the VC funding person but you might get someone who's a policy setter or An analyst working in that domain That might cross pollinate with say from a regulation perspective with a new technology with the French AI startup And out of that comes Positive things it could enhance then things for good in that sense. So I think the networking effect like that is very powerful if given the chance to happen the other points I've got here are So the forum it obviously the idea is it sets things like economics social environmental political agendas things like that It's this idea in my mind of a more unified approach the world Seemingly in 2023 feels like jubilitically It's becoming fairly fractured on a lot of key issues and these involve all of the biggest world economies So I think getting everyone together Not gonna call it a safe space, but the fact that they can all be there and have dialogue I think is a positive thing as well the other thing is Yeah, the bringing together thought leaders and experts to inspire and educate one another I know one of the things here is they do bring out research during these events Where they'll come out and talk about that sort of thing So I think that's that's positive to rub off on each other And then yeah, the the other networking things that come out of this I think which kind of summarizes what I've said It's not just about Investments, but there might be new initiatives solutions to problems. I don't think this is just about Money like we've kind of talked about it trying to I guess lay the foundations for what that could like in the future There's a lot of intellectual Benefit from these high-level discussions. I think that can have a positive impact on certain things Yeah, and I think I think maybe just to end the positive notes Maybe to end on a positive note. I think as we said, you know being a cynic makes you feel and sound smart and Obviously, you know when you see Greta Thunberg coming to the World Economic Forum the cynic in me would say gosh Well, this is just a bit of greenwashing. No one's actually really listening You know, she's a big name and it's just a nod to that to that particular movement But the reality is she's got an audience and she's saying things that matter and even if Only a few percentage only a few percent of the people that are in the audience actually, you know Have a bit of a moment and think oh gosh What I'm doing isn't isn't particularly climate positive and maybe have a couple of side meetings and maybe you know, so Very easy to be cynical, but there is some good stuff going on there And there are you know people aren't just there cynically to make as much money as possible all the time. There are some good people I hear the chateau patrice is particularly tasty as well Absolutely. Absolutely. Well look annual membership to the World Economic Forum cost 50,000 pounds And I think it's about 10,000 pounds to get the ticket in accommodation. So and if we have a if we have a bumper year 2025 we will be reporting live from Davos. I'm actually quite interested to know what does annual membership mean What does that? Sounds like a good price to get in some of those people sounds like an excellent price Yeah, I don't know whether it's 50,000 pounds to be a member of the World Economic Forum And then it's invite only to Davos. I would assume it's something like that You can't just get any old any old, you know, and and Stephen coming along Well, I know what so what we'll do is between now and next year we'll set up a ski training business And we'll become instructors and then we'll we'll kind of find a different way in maybe I can run the cafe and be the barista You can be the ski instructor Yeah, as long as it's got an AGI element If you get AI in there at all, I don't know Cool. All right. Well, look, thank you for for breaking down Davos for us, Stephen And yeah, any questions at all as I always say wherever we share the podcast Particularly on channels like LinkedIn things like that. Feel free to drop us a message any questions thoughts feedback always welcome and have a great rest of the week Thanks, Ann


I come to Africa, I come to make money. So much people come in here to come make money and turn Ghana into another plantation, which is why I don't dwell in that space. It's another state, another state of mind. No, I'm not there. Majority of people that talk about repatriation and returning or going back, we're not going back. We're growing forward. And as we grow forward, we can't come with those same Western politics, politics, politics, part and so on. Continue. We can't come with those same money and fiat currency. People are looking to have the same kind of capitalism going on here and think this is what's going to be salvation for black people. No, no. As Babmagi said, money are for free. And Babmagi, I present to himself once more. Because I let the profit down, they represent I. This brother is really going to get me into trouble. But anyway, peace and blessings, family. What's up, everybody? It's your boy Mr. Ghana, baby. Right here in Ghana. I don't know whether I should say I'm in Ghana because today's video is going to be a little bit controversial. But you know what? I'm always here to learn. My name is Maya and what's your name, my brother? Nkosi. Nkosi. Nkosi, you've been reaching out to me. I think last year, I ran August. You said you were in, was it in Ethiopia or something? Somewhere over there in East Africa. Somewhere over there in East Africa? Yeah. Oh, wow. You don't know the exact country that you are? I don't really deal with the borders and the country business. Those are big plantations and farms. You've got to come away from the borders. That's how we will come together and have unity, you know? Why were you exactly? I was on the continent. The source. The continent? What is that? The continent. Continent or continent? God-tinent. This is where God is. Can you spell it for us? Thank you. G-O-D. G-O-D. God-tinent. Yeah, not continent. Not continent. It's dealing with pros and cons, negative connotation, you know what I mean? Wow. It's going to be an interesting video. So which means you are not in Africa? We're not in Africa. Where are you? I'm in your heart. This is a holographic projection. Africa is a name that was given. What brought you to Ghana? I'm not in Ghana. Jesus Christ. I'm presenting myself here in the world once again, as I've done several times. And I will continue to do. Because I'm sharing the life. That is all. So this place is not Ghana? And this place is called? This is not Ghana. What is the name of this place? You don't even know what they have. This is heaven on earth. Heaven on earth.  But once you can remember, it's so clear for you. Where are you originally from? I'm originally from life. You want me to tell your country? OK, you know what? Let me get ready, man. OK. Let's come to a platform where everyone understands what they're saying, because whatever you're saying, it's even beyond me. Which country were you born? I'm not born in a country. I've always been here. You've always been here. Are you a spirit? Yes. A spirit? A spirit, an energy, a soul. I'm your mind. I'm your heart. But to simplify and share with people, I don't understand what they're saying. I don't know what they're saying. No, I wanted to ask you. What passport are you using? You know, I use no passport being used. I don't know what they're saying. I don't know what they're saying. Oh, OK. I don't know what they're saying, because I don't know what they're saying. Wow. You were in Addis Ababa, Ethiopia? Yeah, to go sing. To go sing?  I don't really call it musician, or even singer, or rapper, or chant. I just spread the message through words on the power. I know this is kind of different. No, it's totally different. It's the first person I've ever had on my channel that he doesn't want to say country. He doesn't want to say continent. He doesn't even want to call Africa Africa. My goodness. I don't even know the next question I need to ask him. The thing is, let me ask you this then. How has the experience been like in my heart? Oh, man, it's a heavenly, peaceful, blissful, up-full experience. Wow. Yeah, man. The people? The people are all my family. There's just some good energy here, and people have to remember to just return to the source. That means the source involving any part of life, the source of finances, the source of raw material, the source of spirituality, the source of life itself. I would like to share this with you. There's a reasoning behind why I don't disclose certain geographic location. Why? Bobby then targets me. I'm the light of this world, so I have to be very careful, full of care. So no, I'm not in any of these cities. Cities are just government corporations that are all monetized and controlled by the IMF for the New World Order. So everyone on your channel must know this message that I'm sharing, because I am the message. Now is the time to return to life. You have the opportunity. You have the opportunity to return to life. Wow. You are in my heart right now. Yes. I don't want to say Ghana anymore. Check it out. If Ghana, what they label as Ghana, right? If that farm plantation originally represents the center of the earth, we're literally on a center. Yeah, exactly. Literally, the prime meridian and the lay lines and key lines, the latitude and longitude, it adds up. Yeah, the Greenwich Meridian also passes through Ghana. So definitely Ghana is the center of the earth, if you don't know. Yeah, I really want to ask you a question. OK, you are in my heart right now. What do you want to achieve in your stay in my heart? Because I'm not going to give you my heart for so long. I will always be in your heart. Meaning I will always dwell in this heavenly state. OK. Because home is where the heart is. Yeah. Yeah, so my goal or my purpose is to pretty much prepare spaces along the epitome of regions for all of my children. Because right now we're in a trying time. It's the end of times, the end of the world. So to speak. And I won't go into no fear of mangrove and stuff. There's nothing to be afraid of. We're in a big shift right now. And it's time to prepare. So that is why people are citing me all along the equator. Because people with brown and dark brown skin, they're Africa closer to the sun. You can't be in those cold places. Wow. Yeah. Wow. So it's an ancestral calling, like nature's calling.  So you came to Ghana, all right? Sorry, no, no, no, hold on. You came to Ghana? Oh my goodness. You know what? I'm totally confused. I don't know the words to use. No confusion. No confusion. This is profusion. You know what I'm saying?  You came to, ah, Jesus. I returned to life. Now you return to life. I want to know, OK, what plans do you have for this place? Do you intend to do something so that your children return home? Your fellow brothers? Every child is for me. As I say, I'm preparing spaces along the equator, like safe spaces, like community, or village. You take a village to raise a child? Yeah. So this is part of why I'm here. What are you going to do? Also, ancestrally, you don't know, say, I and I were coming from the island known as Jamaica. Yes, we're from here. This is our place, just like here is. So I may be your long-lost cousin. She's the same answer. She's a fan to the Asante, all of them are my family. What are you going to tell your fellow brothers and sisters out there who don't feel like? How do you call Africa again? What's meant is their hope. Yes, from you melanin. You melanin represent brown to dark brown.  So once you have this kind of complexion, you've got to be closer to the source. That's not to disrespect no other race. Every race is my children. I love everyone. The message, though, is to remind those that are the dumb, deaf, and blind right now because, well, the reality is black people right now are sleeping. They're lost. So this is why this mirror is here to just show you yourself. When you come to Africa, you come make money. So much people come in here to come make money and turn Ghana into another plantation, which is why I don't dwell in that space. It's another state, another state of mind. No, I'm not there. Majority of people that talk about repatriation and returning or going back, we're not going back. We're growing forward. And as we grow forward, we can't come with those same Western politics, politics, politics, pardon self. What to do? We can't come with those same money and fiat currency. People are looking to have the same kind of capitalism going on here and think this is what's going to be salvation for black people. No, no, as Bob Marley said, money are for you. And Bob Marley, I present to you once more. Because I let the profit that I represent high. This brother is really going to get me into trouble. But anyway, I was saying that. Thank you so much for talking to me. And I will see you, not in my heart, but in your heart. Yeah, man, it's one heart. Give thanks for, you know, welcoming me.  And I do want to do you. Do you have any channel that people have to check you out or something like that where people should check you out? Yeah, man, I have a few YouTube channels. I have my own music collective, you know, Seagold Entertainment was more so edutainment and I did music. You can find my music for free on every streaming platform because I don't sell or nothing.  But don't follow me. I'm not looking for followers. I'm looking to people to live as I'm living. I'm just a mirror. I'm not looking to be famous. I'm infamous. When I go and transition to another realm, people are going to be repeated. I'm saying these things.  You know, in the Gatine. Yes, I think I'm not going to say Africa anymore. From today, I'm going to use the word Gatine because it's true.  Precisely. It's no longer continent, but continent. Please say we love here. We have to be the ones to take care of it and all that. Other impressions, you know, get into how we live.  The earth is going through a big change right now. People have matched up this whole world. Africa don't need to be like the world. It must be the Gatine representing the source of God where everyone can then follow suit. You need to get yourself like a YouTube channel where you talk to people like this. You have one. As I said, the link to find it on YouTube, you can find it on Niko Zibaba. I'm going to put a link in the description. Go check him out. Go support him. He has a lot to say. I don't want to be in trouble. That's why I want to go shallow because I'm a free-minded person doing my thing. But if you want to know more about... This is the freest mind. I mean, no, it's free mind, but it's got a lot to do. I can free every mind. This is not... You say free-minded. You know what I'm saying? We have to free the donor. Exactly. I'm free donor. Thank you so much, man. Appreciate it.


Welcome back to Kids Fun Science. My name is Ken and today's experiment is coin snatching and the science behind it. As always, adult supervision is required. What you need for this experiment is coins and an elbow. See the description for more information about coin snatching and how to do it properly. Here are the official rules for coin snatching. I'll let you read them for yourself and go back to the science behind it. Hi, much as many as what I do because I don't have big enough hands. Woo! Now you're seeing how you're on fire. How'd it go? Yeah, it's actually really easy once you know how to like do it. Okay, the science behind coin snatching. Since the coin is still it tends to remain in that position. Good ol inertia again. When your elbow moves rapidly, it just drops out from underneath the coin. This leaves the coin hanging in the air. Gravity then starts to pull the coin towards the ground, but inertia gives it a slow start. Your hand is faster than the coin because your hand is already moving. As we see in slow motion here, the elbow starts to move leaving the coins hanging there with inertia. Then your hand's moving faster than the coins and you're able to catch the coins. Here Grace was able to catch seven coins where she had a really hard time the first time, but what practice will help out. Nice! How'd it go? Yeah, it's actually really easy once you know how to like do it. So now it's my turn to give it a try as I should be able to catch more coins than Grace as my hands are larger. And so I'll be able to hold more coins with practice. The world record, this is coin snatching right and there's rules and we'll tell you the rules. But the Guinness Book of Records says quarters don't count so in the United States it really not a record. But the record is 328 coins. 328! I just did one. I'm going to try 10 right now. One, two, three, four, five, six, seven, eight, nine, ten. 20 coins! Here are our results. Grace had 12 U.S. Quarters, I had 30. Michael Torres is the world record hoarder with 328 10p coins. Make sure you comment below and let us know how many coins you caught and thanks for watching.


This is Witchspace news for Friday the 13th of January 2023 and Commander Barr. In Elite Dangerous News this week we have news on Update 15's targeted release window, frontiers start to address mission board issues and there's an opportunity for you to give feedback on the war, the Anti-Xeno Initiative create the definitive video to guide beginners through Thargoid combat and more. If you enjoy our videos please do hit the thumbs up, subscribe and ring that little bell to ensure you see all our Elite Dangerous content. You can also help directly support us by joining our Patreon, links to that and everything else are below. In case you're wondering, yes I have a cold. We start this week with news that a group of commanders from the galaxy's premier Thargoid mashing super collective, the Anti-Xeno Initiative have collaborated to bring together their collective wisdom into what must now be the most comprehensive guide to killing Thargoids in Elite Dangerous. Perfectly edited and constructed the tutorial comes in at 35 minutes long but importantly it's broken down into clear and easily clickable sub chapters in the video covering off each subject from Thargoid variants, their tactics and special attacks, building the current meta Anti-Xeno ship, how to use that ship in combat, common mistakes commanders make and more. Each sub lesson is taken by a different commander and collectively it builds into a fantastically comprehensive easily navigable and just completely usable one stop shop guide to getting started in the world of Anti-Xeno combat. If you're new to AX combat or even looking to find out what perhaps you don't know about the skill it is quite simply highly recommended viewing and our congratulations go out to everyone involved. You'll find the Anti-Xeno Academy learning to fight Thargoids video in the Asterian YouTube channel which is linked below. We reported last week that everyone's favourite evil mega corporation Azimuth Biotech may have made some progress in increasing the current hard limit of 4 experimental AX weapons per ship. A further Galnet news story was published this week confirming that the cackling moustachioed mass murderers had indeed created what they're calling an experimental weapons stabiliser system that redistributes the physical stresses that the experimental weapons put on a ship allowing it to add more of the weapons to any spare hard points. It's not yet known what form the module comes in and what commanders might have to relinquish in order to install one but it appears that the device comes in two flavours medium and large each module adding one or two weapons to the loadout respectively. A community goal or two is expected in the near future to supply the necessary materials to construct the new devices. Knowing Azimuth I fully expect the device to redistribute the stresses on the ship that they made mention of into a bag of soft fluffy kittens. Senior community manager Sally Morgan Moore took to the forums on Thursday to advise that some initial fixes had been implemented on the game's back end to address the problems with mission boards not working as intended that was an unfortunate side effect of update 14 that had been plaguing some commanders across the festive break. Once the developers are confident that the fixes should be making improvements they are continuing to monitor the issue moving forward. Elsewhere on the forums this week senior community manager Bruce Guerrero reached out to the community to elicit feedback on the current Thargoid War scenario and gameplay that is currently taking chunks out of the bubble. For this round of feedback gathering Fdev are interested in what we think works and what doesn't work and they're just as interested in the wider picture on the war as they are in the minutiae of the systems currently at play. Bruce made a point of specifically mentioning that they'd heard the feedback from commanders regarding for example the 500m scanning range of the Xeno scanner now being too short as Thargoids are instantly hostile and refuse to sit still while you scan them and that the current overall war system contains no discernible indicated in-game focus for commanders looking to assist and the organisation and direction of the war effort is all therefore happening outside of the game. To get your voice heard if you'll excuse the irony in that phrase today be sure to check out the link below this video. Frontiers Weekly Discovery scanner update post that heralds the start of each week for Elite Dangerous this week brought news on the cadence for the next two updates into the game. We knew already that we were expecting updates 15 and 16 at some point this year but Frontiers have now introduced an interim update into the schedule before those two updates arrive in order to address some issues resulting from the deployment of update 14. That update is currently targeted to arrive later this month. When we have any more news on that we'll let you know here. Seeing that we do know now that update 15 to the game is targeting deployment for April of this year thus far the content of that update is unknown. Frontiers confirmed that their first live stream of the year kicks off on the 19th of January that's Thursday next week and it's entirely possible we may hear more about January's interim update to the game then. Whilst we're on the subject of live streams there are currently some paint jobs to be grabbed from Frontiers partnered content creators a list of which you can see on screen now your chance to grab the Blizzard Evergreen paint job pack runs until the end of January. It's become an annual tradition at this time of year for Frontier to release exploration statistics for the Elite Dangerous Galaxy. This year being no exception the Cambridge based developers tweeted this week that in total 236,219,997 star systems have been explored which leaves just 0.059% of the galaxy actually discovered. The numbers associated with the Elite Dangerous Galaxy never fail to impress. Here's to another year ahead commanders. Will you be dipping your toes into Thargoid combat using the new AXI video guide? You may not like Azimuth biotech but will you still buy an outfit their new modules to point more weapons at the Thargoids and what are you expecting update 15 to deliver in April? Let us know in the comments below. That's it for now thanks very much for watching we'll be back later this week with more videos until then 07 commanders follow the greens on the way out and do keep clear of the toast rack we very much look forward to seeing you next time.


Hi everyone, I'd like to give you a big warm welcome to come to the 2015 of course of miracles conference It's going to be in New York City this year. So we're coming back to the Big Apple You know, we've had one there before years ago and This year it's going to be an amazing event. We have many many teachers lined up to come and speak there I'll be there we have Jennifer Headley and Gary Renard and Cindy Renard John Mundy my friend Maria Felipe is coming for the first time and there'll be lots of new presenters like Reverend Marvin Jones and Just it's going to be an amazing lineup of speakers But also it's going to be at the hotel, Pennsylvania Which I know Robert Tony did a lot of Negotiating to get us a great hotel You can also come before the conference and you can see some sites of the big apples There's going to be some tours arranged like they had in Chicago So we're really looking for a great lineup this year's conference Theme is a present love and that is living in the present moment. So you'll be able to hear a lot of practical really experiences and Examples of how to do it how to apply the teachings and live in the present moment, which is what it's all about for some of you have been to these Weekend retreats these national conferences.  There's a dance There's a lots of speakers as I've said So there's quite a variety there during the conference and it goes by very quick A lot of people want to get a discount. So July 31st is like the cutoff date I think you can save about 36% and then after that November 30th is the next one, but the sooner you can get your registration and the better and So I really would encourage you to sign up as soon as possible Reminds me when you come to the big apple, you know, it's such a focus John Mundy has been teaching the course of myself traveling to many many places And that's like his home base I first met John up there in New York City and went to Monroe where he lived at the time and and Was there with Donemary Kerry and so there's a lot of fond memories of New York City And when you go there, you know, it's the city itself too is a great backdrop for the whole thing The presentations are very very informative. You can really kind of pick and choose. There's double presentations There'll be three presenters that will present to the whole audience and the rest will be doing two presentations They're really pretty much the same so that you can actually move around and pick and choose and look at your schedule And after you've seen one you can go and hear other presenters. So it's set up and designed that way so I Would just encourage you to go and and sign up and just have a great experience You can also bring people who Who are interested in the course because it's such a joyful synergy that happens at these large conferences and You know when people are around other people that share such a deep purpose and devotion and they feel the energy of that then it's quite an exciting time and They do a great job every year every actually Tony has told me that they really want to do it every year They've been doing it every other year, but they've decided their board decided they want to do it annually So that's something new we can look forward to in the coming years as well because it's a beautiful time to come together, so I hope to see you there and I hope to meet you. There's lots of time in between presentations to meet in the hallway and talk and during the buffet dinners there's big tables and Everybody's in there. So it's a lot of the teaching and the deepest experiences happen, you know, and those beautiful holy counters in the dining area in the hallways and not just during the presentations So I shall see you there Many blessings