SELL YOUR STOCKS NOW...

What advice do you give for the average What advice do you give for the average person that's looking to invest their person that's looking to invest their person that's looking to invest their salary or their wages? salary or their wages? salary or their wages? >> Don't own US stocks as a simple strategy >> Don't own US stocks as a simple strategy >> Don't own US stocks as a simple strategy that you can act on. that you can act on. that you can act on. >> What about S&P 500? >> What about S&P 500? >> What about S&P 500? >> No. Really? Yeah. And if you have a big >> No. Really? Yeah. And if you have a big >> No. Really? Yeah. And if you have a big position in US technology stock, my position in US technology stock, my position in US technology stock, my personal advice would be to sell them personal advice would be to sell them personal advice would be to sell them all. all. all. >> But I'm an investor in SpaceX. >> But I'm an investor in SpaceX. >> But I'm an investor in SpaceX. >> Good luck. SpaceX is such a fabulous BS >> Good luck. SpaceX is such a fabulous BS >> Good luck. SpaceX is such a fabulous BS story and we can go into that. story and we can go into that. story and we can go into that. >> Crypto? >> Crypto? >> Crypto? >> No. >> No. >> No. >> Why? It's an unnecessary piece of >> Why? It's an unnecessary piece of >> Why? It's an unnecessary piece of nonsense that facilitates nothing except nonsense that facilitates nothing except nonsense that facilitates nothing except criminals moving money, but they can't criminals moving money, but they can't criminals moving money, but they can't be seen. be seen. be seen. >> Do you think Bitcoin is going to go to >> Do you think Bitcoin is going to go to >> Do you think Bitcoin is going to go to zero? zero? zero? >> Yes, it will certainly go to zero. >> Yes, it will certainly go to zero. >> Yes, it will certainly go to zero. >> So, how many years have you spent >> So, how many years have you spent >> So, how many years have you spent investing? investing? investing? >> 60 years. >> 60 years. >> 60 years. >> And what's the most amount of money >> And what's the most amount of money >> And what's the most amount of money you've ever managed of other people's you've ever managed of other people's you've ever managed of other people's money? money? money? >> 165 billion. >> 165 billion. >> 165 billion. >> And one of the things you're famous for >> And one of the things you're famous for >> And one of the things you're famous for talking about is this idea of bubbles. talking about is this idea of bubbles. talking about is this idea of bubbles. >> Yes. And bubbles always occur around the >> Yes. And bubbles always occur around the >> Yes. And bubbles always occur around the very most important ideas. So, the very most important ideas. So, the very most important ideas. So, the railroads, everyone could see that it railroads, everyone could see that it railroads, everyone could see that it would change the world. The same with would change the world. The same with would change the world. The same with the internet. And everyone wanted to put the internet. And everyone wanted to put the internet. And everyone wanted to put their money in and so they overinvested. their money in and so they overinvested. their money in and so they overinvested. But this is the problem. Eventually they But this is the problem. Eventually they But this is the problem. Eventually they lost. And if you look at the great lost. And if you look at the great lost. And if you look at the great bubbles breaking of the past, you find bubbles breaking of the past, you find bubbles breaking of the past, you find that it's followed by really tough that it's followed by really tough that it's followed by really tough times, a miserable period for the times, a miserable period for the times, a miserable period for the economy. And the bigger the bubble, the economy. And the bigger the bubble, the economy. And the bigger the bubble, the bigger the boss. And now we're in the bigger the boss. And now we're in the bigger the boss. And now we're in the biggest investment bubble that arguably biggest investment bubble that arguably biggest investment bubble that arguably has ever occurred. AI.

has ever occurred. AI. has ever occurred. AI. >> Are we on the verge of a collapse with >> Are we on the verge of a collapse with >> Are we on the verge of a collapse with AI over the coming years? AI over the coming years? AI over the coming years? >> The next few days, the next few weeks, >> The next few days, the next few weeks, >> The next few days, the next few weeks, the next few months, but certainly the the next few months, but certainly the the next few months, but certainly the next few years. So if you're not someone next few years. So if you're not someone next few years. So if you're not someone that has a huge amount of savings, what that has a huge amount of savings, what that has a huge amount of savings, what kind of strategy should they be adopting kind of strategy should they be adopting kind of strategy should they be adopting when an economy starts to get bad and when an economy starts to get bad and when an economy starts to get bad and there's an economic bubble collapse? there's an economic bubble collapse? there's an economic bubble collapse? >> So I will go through everything, but you >> So I will go through everything, but you >> So I will go through everything, but you will not receive this advice from will not receive this advice from will not receive this advice from investment advisors because they'll lose investment advisors because they'll lose investment advisors because they'll lose a lot of business. a lot of business. a lot of business. >> Would you be thinking about the country >> Would you be thinking about the country >> Would you be thinking about the country you live in at this moment in time? you live in at this moment in time? you live in at this moment in time? >> Absolutely. >> Absolutely. >> Absolutely. >> Is there any countries you wouldn't live >> Is there any countries you wouldn't live >> Is there any countries you wouldn't live in? in? in? >> I think I have to refuse to answer this >> I think I have to refuse to answer this >> I think I have to refuse to answer this on the grounds that it might tend to on the grounds that it might tend to on the grounds that it might tend to incriminate me. incriminate me. incriminate me. >> Oh, okay. So you're saying don't live in >> Oh, okay. So you're saying don't live in >> Oh, okay. So you're saying don't live in the United States. I've just moved here. the United States. I've just moved here. the United States. I've just moved here. Why not the United States?