I said Eee, what did you get most from sitting in the room with Warren Buffett and the rest of the billionaires?

And he said, Trapp, they're men just like me

But they understand in the depression in a recession They can buy assets for dirt cheat and that was something I didn't realize.

When it comes to the stock market,

volatility is how wealth is transferred from those who didn't expect it to those who prepare for.

Say that again.

In the stock market,

wealth, volatility is how wealth is transferred from those who didn't expect it to those who prepared for it.

All right? who prepared for it.

All right? So, there are people who get in the market

whether it's stocks,

whether it's real estate, whether it's business, they never prepare for the downside.

Everything they do is for the upside.

Every time they buy your stock, every time they buy your business,

every time they buy some real estate,

they only think of the upside, so when the downside comes, they're never prepared

for the pressure.

And so the thing that you don't prepare for becomes the thing that wipes you out.

That's why I am boxing, the push that you don't see is the one that's the most dangerous in life

The thing that's unexpected is most times most often the thing that wipes you out.

So how do you reshape your financial structure?

Well, on the journey of going up you always prepare for the unexpected.

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