after the closing bell. analysts want to see $36 billion of revenue on the top line. 4.32 dal earnings per share on the bottom line. this is a stock that has been up 40%, you guys, year-to-date. a.i., a.i., a.i. is it enough to propel this further? jackie: it could potentially be. also they will have a huge opportunity as the tiktok stuff plays out in court, if tiktok goes away, where us everybody go? instagram, meta. brian: the point of a.i., this is what scares you, jackie, this star gets advertising more and more tightly whatever you look up. watch, they got you. jackie: absolutely. brian: "making money" with charles payne. he has the big quiz show. it starts right now. ♪. [cheers and applause] >> this is a fox business special presentation, "unbreakable investor." here's your host, charles payne.

charles: whoo. thank you, thank you. thank you very much. [applause] thank you all so much. thank you all very much for coming. thanks everyone. of course thank you at home. welcome to "unbreakable investor" this is the quiz show edition. so in response to my new book, "unbreakable investor" in these town halls be the response has been so amazing. it has been humbling. it inspires me want to do more, help even more. so a few months ago i was speaking to this young millenial. she was so excited about the age of aquarius coming up. i was a little bit curious. i remember the great song from the play "hauer." i didn't mow much more about it. what moved me her enthusiasm. we talk about younger millenials, all they do is doom scroll, doom spend all the time and this sort of hopelessness. i went home. i did some research. i began to think you know what?

in this book i have a chapter about the roaring '20s. it is really about much longer than that i've been talking about generational wealth and i started to think about what will the next 100 years look like? because, for a while we were told the next 100 years would be the century of asia. i'm thinking it will be another american century. maybe, it will be the age of aquarius all over again. with that, ladies and gentlemen, i like to introduce you to the cast of harris players production of "hair." their performance of the song, aquarius. ♪. ♪ when the moon is in the seventh house, and jupiter aligns with mars, then peace will guide the planet, and love will steal the stars ♪ ♪ this is the dawning of the age

of a square just, the age of aquarius ♪. ♪ aquarius, aquarius ♪ ♪ harmony and understanding sympathy and trust abounding, no many falsehooded or der russians, living dreams of vision, crystal revelations and the mind's true liberation aquarius ♪ ♪ aquarius ♪ ♪ when the moon is in the seventh house and jupiter aligns

with mars, then peace will guide the planets, and love will steal the stars ♪ ♪ this is the dawning of the age of aquarius, the age age of aquarius ♪ ♪ aquarius ♪ ♪ aquarius ♪. ♪ aquarius ♪ ♪ aquarius ♪ ♪ aquarius ♪. ♪ whoa. aquarius ♪ hey. charles: whoo. [applause] whoo, all right, thank you so much for the cast of quote hair"

players. as stroll gear, susan miller. i saw you on "fox & friends." that day i was tired. not even coming in to do the hit. of course i'm just learning about this. i'm not into astrology but i am a student of history and you and you talked, there are so many intriguing things. what does this mean from your perspective? >> well first of all astrology is the study of cycles and everything in the world is on cycles. our seasons, day and night, our bodies, everything is built on math cycles. charles: people argue the economy and markets. >> that too, absolutely. astrologers study these cycles. there are like russian dolls inside each doll, or onion that you're peeling. there are cycles within cycles. we have to look at all of them. not as quite straightforward as you see in a newspaper or magazine. it is a little more complicated. >> we talked. there are nuance. you could take us there.

we could be here three years, pluto, venus, could you do a whole miniseries. >> each planet has a job to do. they don't infringe on the others. charles: the sort of age where, i think there is a lot of optimism. >> yes. charles: at the same time a lot of concern, some of the points that you brought during our conversation. >> oh, yes. charles: there will be a period of problem solving. >> well, yes, we're moving into an era that is totally different from what we grew up in. when jupiter met with saturn they had dinner, i like to think of them as people. every 20 years they meet once, and the sign they meet in, the element, fire, air, earth or water matters. here is what is mind-blowing. over the past 800 years, exempt for one exception, they always met in earth. charles: right. >> it was taurus, virgo capri con, over and over. never jumped ahead of each other or stepped on each other's toes. on a different day within that

20 year period. what did we accomplish in that 800 year period, roads bridges, tunnels, but also the assembly line, the industrial revolution and of course there were problems. charles: sure. >> there were sweatshops. charles: sure. >> all kinds of things we had to straighten out. earth is things you can touch and suddenly we didn't go to the general store to get oatmeal in a little paper bag. we could go to a supermarket. charles: right. >> to buy a dress, you didn't have to make it, you could buy it off the rack. now jupiter and saturn met in aquarius on december 21st, 2020, and i knew that would change everything in the years to come and you also had pluto, who is a very important planet, and even, they're putting him back as a planet. charles: right. >> in aquarius. you don't have to wait long to see pluto's results. and i think we are already seeing a.i.

charles: right. a.i., we know, i mean this is the fourth industrial revolution. other things you talked about. lots of travel. >> much more. and faster travel. charles: faster. lots of travel. >> airplanes, bullet trains. charles: i think i read somewhere we went from 10% of americans to over 60% with passports. >> well, that's good. charles: this goes to your point. no conspicuous consumption this will be interesting to see. the height of materialism, celebrityism, and everyone is on tiktok bragging. i hope i can start this sooner rather than later. i'm doing okay. >> everything organic. charles: the earth's crust will heal, thinking outside the box. susan, we don't have a lot of time. we don't have anymore time to go through the whole thing. i'm glad you illuminated about it. >> i think it is exciting. we're all a little scared of a.i. we'll have to have a water mark on the bottom, especially film if someone pretend to be you. charles: last strike was about.

>> misinformation. and medicine i think we make the biggest breakthroughs. >> i think you're right. i agree with you one thousand%. i want to say thank you. the bottom line we can be excited. >> definitely. good things are coming. charles: thank you so much, source san. folks, susan miller. [applause] all right, folks, here's the interesting thing, so, i started to do my work into it in this aquarius age. it coincided with 1800, last one in 1800 for like the next 100 years, coincided with science, revolution, brotherhood, utopian ideas, imortality, world culture. that was in 1800. searcheds very similar what we're going through right now. this is what i'm trying to achieve here. people want to buy a stock and want it to work tomorrow. if it doesn't go up tomorrow, they sell it. if it doesn't go up, they never buy stocks again. they say is it too late to get into this, too late to get into

that. i say this is lifelong endeavor. this phase we'll go into will last a long a longer. comparison to 1800, industrially we made leaps forward. the first industrial revolution began in england in 1760 and lasted through 1830. remember british at that time they didn't want anyone to have this stuff. they wouldn't allow export of machinery, labor, techniques. it slipped out first to belgium and rest of europe. soon after they made their way to america. that was during the that pole eonic war. people wanted to get out of europe. that translated from the first to the second industrial revolution. aided by industrial machines that helped us to create the screw. the screw cutting machine. you would never think about this, how critical all screws had the same type of threads, remove them or make them. you couldn't have the locomotive

would you it, stanley steemer, gas lamps of the that was the industrial. ever hear of moore's planned banks? virginia, arthur morris, opened a bank, called it fidelity savings trust t was in 1910, 1810. rather, $22,000. the idea was to make loans to the poor and working class. no one ever done this before. you didn't need collateral, but it was interesting you had to have character references, have character, a person of standing. couple of peers. maybe financial and work history. he opened up hundreds of these. there were many imitators. then on the transportation side. how do we get this sort of evolution, how will we do it again in the next 100 years? transportation, 1812, the first steam locomotive. 1825 the first modern rail built in england. 1876 internal come bus hundred engine. we're still digging those. 1903 the first flight at kitty hawk. america was off to the races in

the 18900s. the great way to mesh sure this folks, carbon emissions. it is a bad thing right now. when you have power, you have prosperity. always remember that. germany learning the hard way, we need power. you measure that in carbon emissions particularly in the 1hundreds. think about where america was in the 1800s. bring 18350 uk used so much carbon monoxide than we did, they had 122. we had 20. think by 1887 we passed them. by 1890 we crushed them ahead by 50% we had surpassed them. that was turn of the century. when america surged into the largest economy in the world. but it wasn't easy. this is why i'm sharing this with you, i don't we'll have a easy period in this couplertry or the world over the next 100 years. we used to have these great depressions in america, called them panics. the first juan was in 1837. it was the harshest depression in america up to that point.

there were a lot of factors that contributed to it. easy money lending right? so-called pet banks, stoking speculation of land out west, cotton prices crashed, the efforts to contain inflation triggered deflation, hello, jay powell, are you listening? they called that hard times. the nation endured double-digit unemployment. by the way those struggles lasted several years. they were the panic of 1857. this was part of a global depression, aided how fast news was making the rounds. imagine, that the news played a role? it did, right? because they had newly installed telegraph systems. the unfortunate sinking of the uss central america in a hurricane it killed 425 passengers, crew, passengers, but also 30,000-pounds of gold were lost. that depression lingered on until the start of the american civil war. we had the panic of 1873, right after the civil war. our economy was booming again. railroads were popping up

everywhere, however the stock market crashed in europe! the dominos fell. europeans had to sell the only assets they had, american bonds that were worth anything created a domino effect eventually took down our largest bank at that time, jay cook and company. 59 of60 businesses went out of business. unemployment soared to 14%. the depression sparked a resurgence of ku klux klan. they began a campaign against african-americans and republicans. panic of 1893, spread to new york. spread to the nations quickly. 177 banks failed, 47 saves and loans, 13 loan and trusts, 16 mortgage companies all wiped out. by the way there was another panic in the 1900s, 1907. that occurred right during a recession and jpmorgan is credited with investing his own money, rounding up his friends to stave off an even worse outcome. still the stock market was down

50% from the prior year's high. in 1907, also saw the most bankruptcies in american history. production, imports got completely wiped out. immigration plunged to 150,000 from 1.2 million. set in motion the creation of the federal reserve. i'm not sure if that is good or bad, right? bankers saved the day, they wanted to make sure their money was never at risk again. we went through four great depressions. then of course we had the civil war from 1861 through 1865. throughout all of this folks, the united states became the number one economy in the world. to top it off in 1893, the world's colombian expo, chicago world's fair kind of be sheered in our new status. for opportunities, this is an important chart this is really critical for folks who are not looking at investing the right way. think about the 1800s, you had a 50 year period where finance and real estate did extraordinarily well.

not about getting in one year, getting out. you had a 60 year period it was transportation, did extraordinarily well. by the way these railroads a lot of them fell. there were big winners and big losers. that is what happened with investing. energy and materials did extraordinarily well, these long periods of time, folks. these are not flashes in the pan. the idea to get in there, take advantage much it, information technologies, communication services, you could argue from here the fourth industrial revolution with a.i. so if history repeats itself, this a.i. industrial revolution has just begun. it could last one, two, three, four, five decades, in other words your lifetime maybe. this is the ride i want you and your family to be on for the next 100 years. the question who could be an investor? the answer is anyone, any age, any race, any gender, any religion, any level of intelligence, any personality trait or temperment, anyone can be an investor. sadly though american households

only invested 600 billion in the stock market since 2000. that is 1/3 of what foreigners invested in our stock market, 1/3. corporations put in $5.5 trillion to buy back their own stock. i want you to be part of this. to go when we return, yes, anyone can be in the stock market, be a stock market investor but we'll start talking about the steps you need to take to become an "unbreakable investor" and if you go to unbreakableinvestor.com right now you get a free copy of the book, "unbreakable investor." we'll be right back. [applause]

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unruly. you called yourself the “un-carrier”. you sing about “price lock” on those commercials. “the price lock, the price lock...” so, if you could change the price, change the name! it's not a lock, i know a lock. so how can we undo the damage? we could all unsubscribe and switch to xfinity. their connection is unreal. and we could all un-experience this whole session. okay, that's uncalled for. ♪. [cheers and applause] charles: all right, welcome back to "unbreakable investor: the quiz show edition." so what do i mean about being an "unbreakable investor." i think the primary characteristic you're always on the prowl for fresh ideas, right? this way you're never just jumping on the bandwagon when something gets hot on wall street. let me tell you a secret. the wall street analysts know what is hot long after you make it hot. because you make it hot. they look at spreadsheets, yada

yada. i have a chapter in the book helps you identify investing opportunities. they are in front of us all the time. we just don't connect the dots. i wanted to do an example with you all. say you read an article this morning while you were having breakfast. told you there were 284 million used cars on the road with average age of 12 1/2%. 12 1/2 years average age. passenger cars, 16 years. that is old rides. we're driving out there with some hoopty's, trucking almost 12 years. read that, almost 300 million of them, golly there has to be a way to make money off of this. i will ask you what company or companies that you know would make money? companies would benefit from something like this? come on? who? >> chevrolet. charles: who do you think? >> general motors. charles: general motors. people are fixes up the old jalopies where could you go to get tools and equipment to fix your cars? >> autozone. charles: o'reilly, autozone.

who else? owe really, autozone, advanced auto, that is the way you think, you connect the dots. if you do it right, almost every time you spend money you can pay yourself back. so the first step is, all right, i'm thinking o'reilly, autozone, advanced auto, that is your first step. someone is making money off of this. now what do we do? well we start to do the homework. we've got the three names. you know, they all should benefit from this but something interesting is here. o'reilly, up almost 5000%, 5000%! this is just since 2:00, 2004, 5000%. there are drug dealers out there, saying i'm in the wrong business. autozone, 3,000%. my god, so crazy, all you had to do was buy the stock to put it away. this is interesting, advanced auto, 183% over 20 years, ain't

that great. what if you thought about this 20 years ago you just picked advanced auto. how could you avoid that? if you knew about these things, the next step i know there is an opportunity there, i want to go home and do my homework, right? keep that in mind. that is one of the things we'll talk about a little more in the special. it is obviously outlined in the book. other aspects of being an "unbreakable investor." let's talk about some of them. stay in the market through the ups and downs. they have all these your surveys and read them to you every time you think you do it on your own. history shows retail investors always lose money. the problem a lot of folks come in, buy stocks, one or two, and market goes down and they sell. statistically you become a statistic. you have to ride the wafers up and down. life has ups and downs. the stock market has ups and downs. you have a bad day you don't check out, right you commit to

the next day. commit to adding funds on a steady basis. you have to always adding money, doesn't mean you have to be long. always practice putting money in the stock market. always practice that. see opportunities when the market is pulling back. where is big money made when stocks go to sell? always interesting when someone goes past a store, early fall, there is sweater in the window, it is 200 bucks. they don't get it. then they wait, next year, february, march, it is getting warm, sweater is 120 bucks. people buy it, they put it away because they see a value there. these great companies are doing so many amazing things, when their stocks pull back, they don't all deserve to be where they are but they all come back together usually, particularly when there is massive panic. that is when there is also massive opportunity, right? put a little bit of elbow grease in the effort. i think you need 120 minutes every week.

half is to check up on the stocks, every three months, three months is quarterly earnings season, other half be on the prowl for new ideas. if you can do these things, you're there, you are really there, if you can do these three things. i borrowed this chart from brian, it is just a pretty interesting thing about being committed, right? so short-term risk, you see on this side. the risk versus rewards. so risky up here, long-term, the longer you hold cash the riskier it is. we know this because of inflation. you put 100 bucks under your pillow right now, grab it 20 years from now, i don't know what the hell you think you will buy with it. i don't know what the hell you can do with it! stocks are risky early, maybe, but long term they're safe. that's if you do the work the right way. that's the way you want to be thinking about this. this is why you make it a lifelong endeavor. i talked earlier about the sort of ups an downs, these are the

crashes. these are the stock market crashes. look at these numbers, down 50%, 40, 30, going back to the 19, around 1963. this is the crash that i endured, folks, right here. i dreamed about being a stockbroker since i was 14. i finally got to a chance to be a broker. i was doing really well. i was working hard. no one was working harder than me. back then we had none of this email stuff. late at night, 10:00 at night i would be licking envelopes, calling people all day long. i was doing pretty good. 1987 comes, oh, my god. before that the market was killing it, right? it had a five-year period where it went up 250%. i'm new to the business. i think i am like everyone else, stocks only go up. this is easy, huh? i come in, black monday, the worst single day in the history of the stock market, down 22.6%. halfway through the day i admit

i went to a bar. i ain't joking. 4:30 rolls around walking through the office, people are walking out, how bad was it? i thought my career was over, this career i dreamed about, i have thought it was over but look how quickly it bounced back? i was calling people up. i thought they would all be pissed off. some were, some weren't. the market comes back, folks. you have to ride these out. one thing that helps them ride it out, know what you're doing, knowledge is the key, right? for me, i like to do several things, right? i have got what i call my three pillars, right? fundamental, technical, and behavioral analysis. fundamental is critically important, the most important part. the parts you use, anecdotal things you can do. every industry has its own industry reports that can give you more insights. there is a lot of way you can learn about the fundamentals of a company but to learn, i mentioned quarterly earnings reports, part of that is income

statements, cash flow statements and balance sheets, right? again you look at these, you went to the auto parts store, everyone has an old car, you're going there a lot, you want to invest, so you get those three companies i had up earlier. you start to go through the income statements, their cash flow statements, their balance sheet statements. i tell you right now you would not have been in advanced auto. i don't think you would own that stock. so, what's the next thing? technical analysis. some people think this is voodoo, okay? it's not. in fact, it's really kind of eerily scary how great technical analysis is. usually for me, fundamentals tell me what i want to buy, what i want to own and technical analysis tells me when i want to buy it, when i want to own it. i just put up some charts here that i think are really simple to understand, but extraordinarily effective. head and shoulders is a bearish formation. a rectangle, so a stock is trading in a pattern. by the way straight lines,

straight lines are your key. these straight lines, could be trend lines could be channels. those are always a key. a breakout there, that's a buy signal, that's a buy signal, that's a buy signal. on the downside it is a sell signal. it is pretty simple. by the way the double-bottom, a lot of people saying oh, man the stock is down again, they're selling here when ironically here that is when they should be buying or at least buying here when it breaks through the line. a double top. so double-bottom mean as stock is going down, it is going to a place is was before. it holds and coming back, get ready, get ready. start champing at the bit, breaks through a certain level, start to buy. same thing on upside. almost broke out here, almost broke out here. it doesn't. what happens, it was up couple times, when it is down here i hold for the next move, it never comes. technical analysis very, very important part of what you're doing, and then behavioral

analysis, or grew think, maybe, i don't know. i think we were in sort of a behavioral element for this market a month ago. we become with fundamentals or even technicals. the thing about behavioral analysis this is from alan greenspan. alan greenspan, december 5th, 1996 this is one of the most famous wall street speeches in history. it is also known as the irrational exuberance speech and the market was rocking, right? it became unmoored to fundamentals. it was just running, people saw it running, other people bought. it is one of these things we thought it would exhaust itself at some point this. is a statement that alan greenspan made and this line here i thought was most important. how do we know when irrational exuberance has unduly escalated asset values which then become subject to unexpected and prolonged contractions as they have in japan over the past

decade? japan had what they had a lot of decade. eventually a lot two decades. how do we know this is happening? he answered it himself. it became unmoored, unduly escalated there is a way to make money when behavior takes over, emotions take over. you just cannot fall into it, right? a lot of times i own a stock, take profits at 20, goes 21, 22. i will ride this wave but this an no 2dollar stock. don't -- 22-dollar stock. don't lie to yourself. don't lie to yourself. give you example recently everyone jumping on band band wagon, at least if they were traders or avoided these stocks. rivian. remember the rivian ipo everyone went crazy. i saw a picture of one. i went u, i don't know. riff yawn is only down 95% since

2001. here is a good one, peloton. even wall street was touting this bad boy. i just got a pelaton. i like the stock. hold on, cowboy, everyone can't afford a 3,000-dollar stationery bike. common sense, if common sense it would have taken over. down 98%, ouch. you employ, you know, all of these sort of approaches, right, to individual ideas and the bottom line is, you're going to do better. that is why you're going to take some time to do all of these things. do we have anymore charts here? oh, i got to go with the last chart this is the reality of markets. therewill be bull market, there will be bear markets. they're inevitable. so what? look at the thick lines, look at the thick parts of this folks, compared to the red parts. do you endure this little bitty thing to enjoy this? would you?

would you be okay down 20% in two months to get 400% over the next nine years? would anyone trade that off? but how many people sold there? how many people look at this little sliver, how many people slowed there? if you endure these little tiny red things and start buying there, knowing that these things are right around the corner, i think you're going to be okay. i said it before. the stock market is the great money-making machine in history and everyone must take advantage of it. if you want to stay ahead of life, want to get to your goals, listen inflation will come, recession will come, calamities will come, they will always be here. one thing i want to let you know, everyone in the audience got a free copy of my book, but they got a signed copy of "unbreakable investor." if you want a cop at home, go to unbreakableinvestor.com, get your free copy. we'll be right back. folks, thank you.

♪. ♪ in any business, you ride the line between numbers and people. what's right for the business and what's best for everyone who depends on it. solving today's challenges while creating future opportunities. it takes balance. cla - cpas, consultants, and wealth advisors. we'll get you there.

♪ [applause] charles: whoo. all right, folks, we're back with "unbreakable investor: the quiz show edition."

joining me, steve, david and lindy along with her husband brian. thank you all very much. they're all readers of the book and they all volunteered to come and talk and share their own stories. i have to start with the handsome couple at the end because we had a chance to talk earlier. we met before in fact. >> right. charles: i want you to share your story because a lot of people out there feel better when they hear about folks who have done it for themselves? >> well, we say usually had somebody run our portfolio for us until we retired. we saw you on television, read your book, decided to take your classes. took our money back to handling it ourselves. we have done immensely better than anybody did it for us. plus we understand what is going on, learning your rules, going by your methodology has given us an absolute secure platform to know what we're doing, to give us the security. we have done amazingly well. we done better than we did with anybody else. charles: do you feel, i mean is it enjoyable though?

>> it is fun, beyond fun. and, the first trade i ever did i was so scared, i was terrified. charles: [laughter] >> took heartland which gave me the confidences to do it. your hotline -- charles: it's, although, i bought my first stock in 1980, 80, 81 in north dakota, minot, north dakota, i bought it based off a story i read about a guy taking on at&t at the time, the largest corporation in the world. i loved that he was a maverick. luckily the stock worked out. i had the bug since i was 14 years old. actually you do an idea of a trade it can be nerve-wracking, the more you know, the more confidence you have. >> my advice, i know brian's, that the younger people start the better. we started too late into retirement but we started. charles: right. >> the young kids need to learn to do it. charles: they have to go beyond the tiktok videos, right, david? >> yeah.

charles: yeah, yeah. tell us your story. >> well i didn't get involved with it until just a couple years ago and, i had been, i really never had anybody taking -- one time i had somebody convert some of my halliburton stock when i stopped working for them, they told me i had to do something with it. this guy talked me into going with something else. i saw him a year later. he goes, dave, you made some wrong choices. and i said, really? yeah, you're down this much. well, why don't you cut me a check, i will see you later. when i ran into your, your book, and i read it and thin i took the challenge to sign up for your courses. >> right. >> and, it was amazing. it was, i have only been, i have only been investing for short period of time and i had some, i have, the way you break it down, with the fundamentals, the

technicals, behavior, because it's a complicated thing. charles: right, right. >> but you make it simple to understand. charles: i appreciate it. >> for a guy like me. and i've done, i'm pleased with the progress i made. charles: the most important thing you were someone who was burned, someone who was nervous. that is probably 90% of the american public. i appreciate all the kind words. i'm glad you taken the plunge and commitment. let's talk about your story for a little bit. >> yes. it is very similar. i had started taking your education classes, during the beginning of covid and shortly after i decided to evaluate my fee-based investment manager and i found out during the six or seven years previous, that he was handling my funds, i was down 1% during that. charles: adding everything in. >> yeah. the s&p was up 90%. so i made, had a meeting with him and cut that cord, transferred all my funds.

i tell you since that day i did that, it is so worth it, i'm generating a enough money in retirement, i can sustain a pretty good life-style. i continue to do that. charles: plus you got those cool red sox [laughter]. we're not trying to diss anyone but the industry, morgan stanley reports that they only made 20% in the last three month in the stock market themselves, the stock is going to get hammered. they expect to make a whole lot more money from the stock market than their clients expect to make. now experts say it is unreasonable for people to think they can make a certain amount of money. i don't think so. i do also know that keep your broker. do what you do, but i think everyone here in the room agree, you want to know more about what the hell is happening with your hard-earned money. if you want somebody else manage it. you want to check for yourself. everyone to get involved. everyone to start learning. steve, david, brian, and of course lindy, thank you all very

much. i appreciate it. wish we had more time. but i appreciate you coming. >> thank you very much, charles. charles: folks, everyone in the audience has a copy of my book "unbreakable investor." i am offering free copies to everyone at home. go to unbreakableinvestor.com, to claim your 29.95 value right now. unbreakableinvestor.com. now, you do have to cover the shipping, okay? i'm just letting you know. folks, listen, we have a very special segment coming up. it is "the quiz show" edition. ready from the blue team, richard, where are you? >> right here. charles: we have your partner will be mike p. where is mike. on the red team, ann, come on where are you? you're on the red team. the other contestant, your partner mark. mark cove. let's go. we'll rock and roll. give them all applause.

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♪. [cheers and applause] charles: all right, folks, welcome back to this special edition of "making money." this is the unbreakable town hall and we're going to start the live quiz show right now with members of the audience. i'm hosting w me right now, richard and mike of the blue team. very enthusiastic. [laughter]. against ann and mark in the red team. whoo. [applause] so by the way, folks, this side of the audience is their help line. this side of the audience is their help line, only if you need it. ready, question number one, ready? person with the mic tell us the answer. you write the answer. first question, what is the key to long-term successful investing? a, dumb luck, b, heart stops, c, risk management, d, just owning stocks. >> risk management. charles: you're supposed to work as a team. i got this.

like michael jordan and scotty pip enover here. i got it, babe. time's up. what is the answer? >> d. charles: what is the answer c? >> c, risk management. charles: c, ding ding. the guys take the early lead. here we go, question number two, are you ready, what company installed, let's say your company installed a new software, you love the software, wow, i wonder if this is publicly-traded company, i want to own it. what is your next step? a, call uncle mo. b, start fundamental analysis. c, see if the shares are trading less than $10 a share. or d. just buy it the next day? ♪. ready? >> i'm ready. >> go. >> b. start fundamental analysis. charles: b. >> we agree. charles: ding ding, two winners there, folks. [applause] are you ready? this is a common dangerous trait shared by experienced and novice

investors, both do this. a, buy penny stocks. b, selling too fast. c, listening to jim cramer. or d, pride and ego. >> what is the last one? charles: pride and ego. ♪ they want a lifeline. they want a lifeline. hurry up on the red team? all right, here we go. are you ready? here we go. by the way, i like jim cramer. i was just joking. here is the answer, d, pride and eagan go. what do you got? >> b. >> i said d. charles: let me see it. wow, three for three. 3-1, starting to crush them a little bit. ready? listen up. organic revenue growth and this are the biggest movers of share prices? margin expansion, increasing the dividend, growing inventories or adding.com to the name?

charles: here we go, ready. >> lifeline said a. >> we say a. charles: lifeline is right. you get a hell of a lifeline over there. [applause] all right, here we go. ready? how many panics were there in the 1800s? two, five, four, or one? ♪. >> two? >> four. c, four. charles: all right. they got it again. [applause] we have to break them up, man, wow. all righty. here we go. are you ready? who was the new chair of the

federal reserve in 1987, nicknamed the maestro. was it a, paul volcker, b, alan ladd, c, alan alda, or d, alan greenspan? >> d. charles: d? >> d. charles: d. alan greenspan, maestro. [applause] let me tell you a quick story with alan greenspan. so he had this briefcase that he walked around with. they called it the briefcase indicator. everyone was so enthralled by you know what he was going to do they had this sort of way he carried the brief cast or whatever, they would sort of get a hint. my opinion on green green is i think he might have actually though created a monster because the federal reserve is far too big and far too important to other economy and our stock market, it really is. and right now we're in in the mt perhaps of another mistake by the federal reserve. the business cycle has all blown up.

you can't really start a business. you don't know if interest rates will be up or will be down. it is an absolute unmitigated nightmare. they need to stop trying to save the stock market. they need to stop being popular. if it is time to put down some pain, it is time to put down some pain. folks here we go. are you ready? what year did green grind give his famous irrational exuberance speech? was it 1990, 2000, 1996, or 1986? ♪. you only have one letter you can choose though. my man got all of them, g, h, what the hell? >> c. charles: c. >> c, 1997. charles: my man is dissing, you have to be right at some point. like in high school used to dunk on everybody, i'm not sure. when you play football, you run a touchdown. did you taunt the opponents. >> always. charles: i hear you my man.

you must be from the northeast. in technical analysis is this chart we're going to put it up there for everyone to see, this chart formation is known as a, the m formation, b, mountaintop, c, double top, or d drowning shark? ♪ >> double top. charles: double top. >> double top. charles: all right. for a bonus, for a bonus, what does it indicate the next move of the stock? >> going down. charles: all right. golly. the wheels are turning. took a minute, the wheels are turning though. okay. we should start over, right? you guys were warmed up. you were just cold at the beginning. here we go, are you ready? all right. "unbreakable investor," my system is a three-tiered, three pillar system of stock valuations. is it a, fundamental, scientific, behavioral, b,

fundamental, technical, behavioral, c, first in first out, left out, or d, technical, best guess and quija board. >> b. charles: quija board? >> b. charles: whoa. you cheating? how did you get so hot all of sudden? >> getting in the swing. charles: take one of them pills. is that brain pills? i need that. trying to catch up here, but you guys haven't missed one yet. anyone keeping score? i don't think jason we have score keeper, do we? are you ready? how does the management of a publicly-traded company reward shareholders, a, pay the ceo huge bonus, b, give away tchotkes, c, with a thank-you letter, or see buybacks and dividends. >> d. >> d. charles: golly, you got it again. you guys are absolutely brilliant, brilliant, brilliant. >> come to show my might. charles: man talking smack.

i like it. ready. here's a good one. what is the best performing stock in the s&p 500 over the past 20 years? is it a apple, b, netflix, c, microsoft, or d monster beverage s? lifeline, looking over there. >> b. >> netflix. >> c. >> c. >> no, we were c. charles: you said c. c, c. monster beverages. can you believe it? monster beverages. oh, my goodness. it is like legal crack. come on, now, guys. legal cocaine, of course it is number one stock, are you kidding me? here we go. post-pandemic freedom and well-invested seniors made this the third best stock of 2023. the villages, denny's, royal

caribbean, or garmin. >> caribbean. c. >> c. charles: c. there you go. although they had some found down in the villages too, if you know what i mean, wink, wink. >> wasn't about the stock. charles: [laughter]. whoo. there is another reason to make some money. get down there get a nice golf cart if you want to know what i'm talking about. you know what i'm talking about. get rims on that bad boy, huh? all right. >> bring my wife. charles: we'll talk about that later. okay. ready? here we go. one of these was not unveiled at the, i'm sorry, at the 1893 world es fair? skyscrapers, it ferries wheel, cotton candy or juice at this fruit gum. -- jussie fruit gum. ♪. -- juicy fruit.

we didn't change the graphic. that is on us being folks. >> d. charles: juicy fruit, draft beer. lifeline? >> no, cotton candy. >> cotton candy? >> c. charles: first of all, why are you looking at he was there! [laughter] he was there! you're look at the young whippersnapper, he doesn't now. [laughter] he never saw a tiktok video about that, come on now. all right, c. >> cotton candy. >> c, there you go. cotton candy was the 1904 world's fair. all right, we've got a winner, the blue team! [cheers and applause] all right. and to honor, to honor your victory, we've got troh i mys. thank you very much. -- pro mys.

so let me tell you what this trophy if represents. now, madison alworth, i was describing this trophy to her, and, you know, because we were going to get a really traditional trophy. and she was telling me, like, the system hay use to make this, it's sort of toxic, but when it's all said and done, it's sort of stronger or. and i think the ideas being an up unbreakable investor, you're going to have a few cracks, but you also at the end will be strong ther. so congratulations. i think -- don't we have two of these? oh. [laughter] okay. you can tell we rehearsed all of this stuff, right? [laughter] >> [inaudible] charles: all right, so listen, want to thank everyone. this was absolutely a blast. it's been absolutely fan tsaic. hope to see you back here for the next one and, of course, everyone at home, make sure you watch "making money" every sickle day at 2 p.m., and order the book. it's "unbreakable investor. get your free copy, you must, a a, be in the stock market and,

b, get that book. all right, folks, here's the oh trophy. thank you very much. [applause] oh, i do apologize, we don't have any participation trophies. [laughter] if thank you all very much, appreciate it! ♪ known for following your dreams. known for keeping with tradition. known for discovering new places. no one wants to be known for cancer, but a treatment can be. keytruda is known to treat cancer. fda-approved for 16 types of cancer, including certain early-stage and advanced cancers. one of those cancers is early-stage non—small cell lung cancer. keytruda may be used with certain chemotherapies before surgery when you have early-stage lung cancer, which can be removed by surgery,

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