Come on in, come on in everyone.

I just wanted to get on real briefly and talk about what most people do not understand

with regard to owning a stock.

What is a stock?

Well, from my perspective, the one thing that people don't know about owning a stock is

that when you buy a stock, you are actually buying a piece as long as you buy a good one

in something.

You can call it whatever you want.

You can call it a business.

You can call it whatever you want.

You are buying a piece of a business that is generating cash.

Why is that important?

It's important because a lot of times people just think of stock prices as things that

just go up and down, up and down, up and down.

Warren Buffett had a great saying, which he said basically that, and I'm going to butcher

his words a little bit, but he basically said that the stock market is like a manic depressive.

They come in every day.

They have different behaviors.

Nothing really makes sense.

And so I want to reframe the way that you think about a stock when you buy a stock.

I'd like you to start thinking about it in terms of you're buying a business that is

cash flowing.

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