Berkshire Hathaway is sitting on more cash than ever, while ordinary savers keep sending money into the market with every paycheck. In Episode 029, Luke Tatum, Nicky P and Rob Brayton look at the gap between smart money and dumb money, how big private credit and the alternative asset market have become, and why the people at the top tend to get out first when a bubble pops. They close with how to have capital ready when opportunity shows up.
“Your money is not acting on the best information ‘cause you don’t have it.”
The dumb money argument goes like this: check the box on your payroll deduction, pick the standard mutual funds, and trust the plan. Smart money makes big moves and times the market. This week we look at what the smart money is doing right now, and why private credit could be where the next crash starts.
What We Covered
How big is private credit? Rob lays out rough estimates of the private credit market, private equity, and insurance assets tied into alternatives. Added together, he puts the exposure in the trillions, and much of it is fed by ordinary savers' money flowing in every month.
They think you're dumb. We're not calling anyone dumb. The point is that the people at the top of the system often treat ordinary savers that way. Nicky puts it better: it's the initiated versus the uninitiated. Your money isn't acting on the best information because you don't have it.
The bubble playbook. We've talked about Cantillon effects, where new money reaches the people closest to it first. The pattern keeps repeating: pick an asset class, inflate it until it cracks, and the smart money gets out first and waits for the next one.
“The smart money is gonna get out first”
Berkshire Hathaway's cash pile. Berkshire Hathaway is holding more cash than it ever has. A company known for studying fundamentals is choosing to sit and wait, even though cash loses value to inflation. That tells you something.
Capital ready for opportunity. Having money available when the market is down is the whole game. Nicky points out that some of the biggest fortunes were built during the Depression by people with cash to buy when everything was selling at pennies on the dollar.
From mortgage-backed securities to private credit. In 2008, the culprit was mortgage-backed securities. Nicky's point is that the real problem was lying about what those packages were worth. With private credit, we see loans and leverage stacked on leverage in ways that don't make sense on the fundamentals.
“Someone profited from that.”
Private credit and the tech sector. Nicky and Rob point out that a lot of this borrowed money is flowing into tech. If that bubble bursts, defaults could cascade through everything connected to it.
Your 401(k) and systemic risk. Your workplace retirement account carries this systemic risk. When the too-big-to-fail labels come out to protect the biggest players, the people left holding the bag are ordinary savers.
Be in position before disaster strikes. The stock market is up over long stretches, but you don't retire over 45 years. You retire in a single year, and some of those years are bad. Rob's advice is to be like Buffett: have capital ready.
Key Takeaway
You don't need to time the market to act like smart money. You need capital you control, ready when opportunity shows up. That's what Rob and I help clients build at Perfect Spiral Capital with properly designed whole life insurance, where cash value grows on a contractually guaranteed basis outside the market's swings.
Key Moments
[2:00] How Big Is Private Credit?
[6:00] How Deep Does the Rabbit Hole Go?
[8:00] The Bubble Playbook
[9:00] Berkshire Hathaway's Cash Pile
[11:00] Capital Ready for Opportunity
[14:00] The GameStop Lesson
[15:00] From Mortgage-Backed Securities to Private Credit
[17:00] Private Credit and the Tech Sector
[23:00] Your 401(k) and Systemic Risk
[26:00] Be in Position Before Disaster Strikes
“You need to be in the right position. When disaster strikes, disasters are going to strike”
Related Episodes
Episode 027: What Happened at Blue Owl Capital? Private Credit, Frozen Redemptions and Who Controls Your Money
Episode 042: Berkshire Hathaway Is Sitting on $397 Billion in Cash, Here's What That Says About "Hit $100K" Advice
Episode 044: Nvidia's $500 Billion Ask: Why BlackRock, Apollo and Goldman Sachs Are Bankrolling Their Own Customer's Demand
Want the full conversation, including Rob on how big the private credit market has become? Listen to the full episode and grab the free toolkit at PerfectSpiralCapital.com/podcast.
FAQ
-
Dumb money is the usual label for ordinary savers who put a set percentage of each paycheck into standard funds and trust the plan. Smart money refers to large institutions that make big moves and time the market. In Episode 029, Nicky P says the real difference is information: the people who know how the system is designed versus those who don't.
-
Berkshire Hathaway isn't saying exactly why, but Luke Tatum points out that a company known for studying fundamentals is choosing to sit on a record cash pile, even while inflation eats into it. His read is that it's waiting for better conditions and better prices.
-
Luke Tatum and Rob Brayton argue that it can be. Much of the money in private credit and private equity comes from ordinary retirement savings, and much of it is lent into the tech sector. If those loans go bad, the losses can spread, and ordinary savers tend to be the ones left holding the bag.
-
Build capital you control before you need it. At Perfect Spiral Capital, Luke Tatum and Rob Brayton use properly designed whole life insurance for this. Cash value grows on a contractually guaranteed basis outside the stock market, and you can typically borrow against it when an opportunity comes up.
Show full transcript
Between The Lies: Episode 029 Transcript
Nicky P: I know we talk endlessly about the next 2008, and in the same breath, patronize ourselves for how often we say it, but sometimes the mechanics are just too on the nose. Welcome to the Between The Lies Podcast, your weekly lesson on how to approach an uncertain world with positivity and balance. I'm Nicky P here with my good friends and money brains.
Luke Tatum and Rob Brayton from Perfect Spiral Capital. As they help us navigate the snares and pitfalls in a world of, trust me bro, economics, stick around to the end of the video for their free toolkit and be sure to like and subscribe if you enjoy the video. Gentlemen, which side do you wanna be on in this battle of Smart V dumb money?
Smart Money vs. Dumb Money [0:00]
Luke Tatum: Well, when phrase it like that, I don't know who would pick the wrong choice, right? But the dumb money versus smart money thing. I mean, maybe we start there. What are we talking about, right? The dumb money argument. The dumb money kind of thing, is automatic payroll withdrawals, right? People that are too busy working and clocking in and clocking out to really do investment activity, right?
They are kind of trusting the plan, so to speak, and they are just going to check the box. Yes, I would like to put whatever percent, 3%, 7% of my. Earnings every two weeks or every week or whatever into a. You know, tax qualified plan and into this particular mutual fund or this array of mutual funds based on the industry standard advice.
And it's like, you know, being a multimillionaire in retirement is so easy. All you have to do is just check boxes, right? I mean, that's the kind of dumb money argument. Whereas smart money is making big systemic moves and shifting markets and, and capitalizing on timing and all these things. And, you know, we're supposed to like.
See the activity of smart money, buy into that as a concept, but expect to do no work and get the same kind of returns. Now, specifically this week, we're talking about private credit. Again, private equity. This has become a sort of a pet topic for me personally, but, we're talking about what could be.
The trigger of the next big crash. And I think in some ways we're kind of eligible to do a few victory laps here and kinda pat ourselves on the back for some things we've said in previous episodes. But, Rob, I mean, maybe I'll pitch it to you and let you kind of take a first stab at this.
Where do you wanna start? 'cause it's a big topic.
How Big Is Private Credit? [2:00]
Rob Brayton: Yeah, it really is. We've talked about a couple of different things before. You know, we talked about the, non-depository financial institutions as we like to call them. No-defies. We've also talked about, some of the issues with, Blue Owl.
You know, some of the other aspects that exist, you know, in high inflationary environment, et cetera, leaving a lot of these companies chasing yields, really is what a lot of it boils down to, in our, in our economy. The other aspect of it is a lot of the legislation that went through as a result of 2008, really took away some of the opportunities for some of these groups to really.
Try to seek high yields through, you know, more conventional backed, type, investments. And what we've started to see is this sort of separate, almost alternative asset environment begin to develop and it's become pretty large. We're looking at, you know, just looking at the global, the global private credit aspect of it alone.
Estimates are anywhere from somewhere to two to three and a half trillion dollars that exists within this market. And just for perspective, for the average person who's listening to this and they're like, what the heck are you talking about? The US banking system, including all the assets, is roughly around $23 trillion.
So we're talking about close to potentially over 10%, of that just in private credit. Now if you layer in that whole alternative asset group, so to speak, and we look at the global, private, equity markets, that's another eight to $10 trillion. Then you're talking about some of the newest features that they've been doing within these spaces of tying in insurance assets to these alternatives.
And that's kind of a separate topic that maybe we can talk about some other time, but not the same type of stuff that we work with here at Perfect Spiral Capital. But there are these companies that are, that are now linking very closely to some of these different, stock insurance companies, for this capital access.
And you add in another seven to $9 trillion and that pushes that entire market space to somewhere near $20 trillion of exposure. And I mean, this is really big. And I think that's really where, you know, we've talked about a few of these sort of like symptoms that we've seen exist in the market.
But now when we start to see just how big this is and if some of it were to potentially unravel, that's why this is a pretty serious topic and why it's something that I think a lot of us are very interested in. You know, for the average person out there, like you were talking about Luke, you know, not to degrade anybody, but the dumb money aspect of it is there's a lot of that money that is going into and funneling into these capital sources that is only accelerating this industry, making it bigger.
So there's the potential for potential for something to potentially pop that bubble o over the course of time. I guess I'll turn it back over to you in terms of what do you think might be some of the risks that we see in having this sort of alternative space that exists?
How Deep Does the Rabbit Hole Go? [6:00]
Nicky P: Allow me to interject here because you skipped past some important stuff.
Number one, in the Battle of Smart Money v dumb money, the only dumb money are the people who have not read and taken in all the lessons in between the Lies. Luke's Amazon bestselling book. That's the only real dumb money. 'cause everything we said in that first paragraph literally was stuff that tells you not to do in the book.
It was pretty funny. The other thing I wanna point is we have these episodes. We're sitting here talking gentlemen, and, and I always, this one in particular, I just, I kind of feel like Steve Carell when he is at that meeting in Vegas and going, oh my God. Like, how deep does this rabbit hole go?
Like, we know it's screwed, but like how screwed is it really? And you know that, that's just the feeling I'm getting as we, as we kinda watch this ball of twine unravel. And, and, and maybe it's 'cause that's the only lens at which I have to look at the market as one movie from a couple years ago.
Rob Brayton: The big short for reference for anybody who's wondering what Nick's talking about.
They Think You're Dumb [7:00]
Luke Tatum: Well, so, so. This smart money versus dumb money thing. Like we're kind of, that's kind of a theme of this episode, I guess, but you know, it's not that we feel that you are dumb, you know, it's not like that you are making a decision.
It's that the people who are at the topper, top higher echelons, the top echelons of this pyramid, so to speak, they think you're dumb. They have nothing but contempt for you. You know, it is
The Initiated and the Uninitiated [8:00]
Nicky P: Probably a better way of saying this is the initiated versus the uninitiated. The people who know how the system's designed versus those who don't, you know, and it's not, you're dumb, it's just your money is not acting on the best information 'cause you don't have it.
The Bubble Playbook [8:00]
Luke Tatum: Yeah, you're at the end of the chain. We've talked a lot about Cantillon effects and that kind of stuff. You know, about, you get the last bit of information whenever new money is printed, things like that. And so we're not just talking about money printing this time though, we're talking about, the effects of.
A government and a monetary theory that wants to continually inflate new bubbles. Now, that's horrible. It kicks people out of their houses. It ruins retirement accounts. It dis completely disrupts and destroys the planning that people have done over decades. So how could anyone want to do that? And I will tell you there are people who want to do that and who know that it is being done.
This is a game plan and a and a playbook that is going to continually be rolled out. And that game plan is basically this. Pick some type of asset class and prop it up and inflate it and grow it and continue to do that, and continue to do that until the cracks start to show. And then the people, I mean, I guarantee you, I guarantee you, when the market falls completely on its face.
The smart money is gonna get out first, right? And it's gonna be ready for the next bubble to get inflated. It is a result of the fiat money kind of system that we have. We get to see this play out over and over again, right?
Berkshire Hathaway's Cash Pile [9:00]
Nicky P: Let's, we can give an example. Right now, what company is, sitting on more cash than they've ever sat on in large in history.
Luke Tatum: Warren Buffett's, Berkshire Hathaway, right? Yeah. Yeah. And so that, that is because he knows that what's going, I mean, and not that he's running every asset purchase decision at Berkshire Hathaway anymore. Charlie Munger and he, I think both retired, if I'm not mistaken. [Editor's note: Charlie Munger died in 2023. Warren Buffett stepped down as Berkshire Hathaway's CEO at the end of 2025 and stayed on as chairman.] But the, you know, the knowledge is there that that's a very, very, very big.
Very well connected institution, that company. And so they look at patterns, they study. I mean, the thing about Berkshire Hathaway is they actually look at market fundamentals and they actually examine the companies that they're buying stock in. And so they're saying buy holding cash. It is better to sit on a large pile of cash and wait.
For conditions to ripen again, what does that mean? Why would they do that? Right? All of these investors are chasing return.
Nicky P: Well, especially in a setting where we know they're losing a percentage just by having cash, because that's how the system works. So if you know that they know they can take a loss versus handle the negative extra technicalities of this, then like, man, they, that seems real frightening what the absence could be.
Capital Ready for Opportunity [11:00]
Luke Tatum: And I mean, one of the reasons we always talk about this on the show is, right. I mean, and, and Rob you may wanna jump in here too, but, you know, having assets that are available, having capital that you can deploy when opportunity rears its head, that is kind of the whole name of the game, right? If you are able to get in when the market is down, you know, when there's blood in the streets that we, that's when you should buy that kind of, you know, mentality.
You move when it's opportune. Just because you have money piled up doesn't mean everything is an opportunity. Maybe you should wait. And the
Nicky P: One of, one of the, one of the things we always joke about is some of the biggest fortunes that have ever been were built during the depression was the people that had the money to take advantage of everything being sold at pennies on the dollar.
Rob Brayton: Well, that, I mean, that was by design, right? Back then, if you really look into it. That was done on purpose so that they could come in and scoop everything up at wholesale prices. But again, that's really what we're seeing in these cases too. Right. And Buffett and Berkshire, you know, they tend to actually look for quality companies most of the time, and I, no one's an angel when it comes to this stuff, so, I mean, I don't wanna make it seem like they are, but I would say they're definitely on the.
The better side of a lot of the stuff that goes on it seems in Wall Street. And, but they certainly pile up a lot of cash and, and have for these purposes. They've been around enough to see the conditions changing in a way that they're like, even if it's gonna take cost us, you know, X amount of millions of dollars holding in cash for a little while, we need it.
Because something's happening. And you know, going back to what we were talking about just a second ago too, you think about all of this money that continues to flow in through these 401(k)s and in different types of, you know, tax deferred accounts on a just monthly basis. It helps churn the machine.
And that's really what's taking place. And they have this consistent inflow of capital and then they then on top of it. You, what you kind of see in this private equity space is now they're hyping up different aspects of the market where people want to get in, but then what happens is, well, let's cash out.
And they short it and they're the ones who also profit all the way down. And that, that's, excuse me. That's one of the things that a lot of people tend to miss is they're, they see that like, oh, the market went down. But that money's that was there, that value that was there, someone profited from that.
And so often people aren't thinking that way, that, oh, somebody's profiting all the way down on these when these investments lose money. And that's what's happening. They're trying to win on both sides and, and that's not good for the average person.
The GameStop Lesson [14:00]
Nicky P: Isn't that specifically the game that we all learned about during the GameStop debacle, which Luke, you're way overdue on doing a video about, but it was the, these go, these basic gamers basically stumbled upon the fact that like they were.
They were playing them. Like they literally shut the market down because they got too close to the ring of power essentially. They saw what was going on. I said, okay, well we're gonna hold this crap until you pay us. And, and it was, you know, could have become a battle of, well, what do we do? Like what do we borrow this from?
Like, it ultimately became like, how do we pay these? They found a way to screw the guys at the top and well, we just, we learned a lesson. Well, there is no way to screw the guys at the top 'cause they run the system.
From Mortgage-Backed Securities to Private Credit [15:00]
Luke Tatum: Yeah. You know, I think maybe it would be good for us to kind of isolate really specifically, you know, what we're kind of describing here.
Like we're talking I think in sort of vagaries in some way, but. You know, 2008, what was the big thing? The big culprit? The thing that everyone latched onto and everybody knew that they didn't know before it was mortgage backed securities, right? It's like, oh, this is the horrible thing that, you know, the evil, greedy, rich people have been doing.
All this time. They've been packaging and repackaging mortgages. Subprime mortgages, you know, mortgages that probably shouldn't have been written in the first place if we're being honest, by mortgage standards. And then they're kind of creating this whole like layer of obscurity around this so that they can package it as a good asset.
Nicky P: Well, thinking. So the layer obscurity isn't even the real issue. The real issue is that they were just. Leanly lying about the value, it would've been all fine if you wanna repackage a whole bunch of D's and a whole bunch of C's and like your shit tranches and do all that stuff. It's when they're packaging them in such a way as to say that they were still reliable, diversified assets, knowing full well they weren't because, well, the other option is, well, then they run to the people down the street to have them do the rating instead of us, and they're gonna make the money one way or the other.
Luke Tatum: And so. You know, in the same way, what we are having when this private credit, I can't talk, the private credit situation, is that we have loans and we have investments and all of these things in. Ways that don't really make sense on the fundamentals and you are borrowing and re borrowing and like there, I mean there's a leverage, I get, I don't even how, you know, how you would tabulate how leverage some of these deals are.
Right? Because at the end of the day it's re and re and re-leverage and. Then you're supposed to go, okay, cool, well that's where we're gonna make our money. Right? And that's kind of the assumption that a lot of wealth is making is everything's fine. Don't look behind the curtain, don't worry about it.
Just get your rate of return and move on. And that's why that Blue L Capital episode that we just did was so illuminating because it. Kind of shines, it shines a light where you're not supposed to shine a light, you know, it's like, hey, we were really hoping you wouldn't notice that we were doing this.
Private Credit and the Tech Sector [17:00]
Nicky P: Part of the other issue of this is that it all, this all has actually, that it's got this other big feedback loop right now, specifically is that. Where's so much of this private capital going to, it's going into the tech sector, which always already said the tech sector is a huge issue of the amount of our economy that it makes up like the GDP.
And now we find out like so much of this money is based off of the investments over there. And it's like yet another thing, like another domino to collapse here.
Rob Brayton: Well, it's, I think what, and I'm glad you bring that up, Nick, because it's the leveraged capital out of these loans that is being invested into the tech sector, right.
So if that bursts and that's a bubble that burst, or there's major weakness, now you could have massive defaults and then that just trickles all the way down and it potentially explodes where it's like, that's some, that's the wick that lights the candle or lights it on this thing. And, you know, we have this big issue.
But, hopefully that's not the case and we don't see that. But the other thing, and you know, I'll, you can. Put a tinfoil hat on me or whatever you want. But the other aspect that I want to bring up with some of this is, so much of this is focused on private right, and it's private this, private that. Well, why if somebody is actually behind the scenes and kind of driving this stuff forward, what if, what if there is a MA massive collapse and it is caused by private credit?
A Reason to Nationalize? [19:00]
Rob Brayton: Wouldn't that be a great catalyst to say, Hey, we need to nationalize the financial system. We need to take it over because private can't do it anymore. Look how corrupt they're, so then the, it's an opportunity for the government to come in and say, Nope, we're gonna run everything now. And that, that's my bigger concern or my sort of, I don't wanna call it a fear, but my hypothesis of how some of that could go and it's something to be careful of, or at least to be thinking about because it could theoretically happen if that was the case.
Luke Tatum: Yeah. I mean, you know. Where do you, where do you draw the line to? Right on something like that? Is it private or is it Public can get really, really messy and has certainly in the past, and so it's like if it's not totally nationalized, then well, you know, if the government is the primary buyer of a lot of this stuff, you know, then how private is it?
You know what I mean? Like those sorts of things.
Nicky P: How much of Nvidia does the government have to own before it's no longer a private company?
Luke Tatum: Right, right, right. I mean, we make the argument, you know, in kind of our circles sometimes, like, well, if stealing a hundred percent of the money you make is slavery, then at what percent is it not slavery?
Right? It's like, okay, if 90% of every dollar you make is stolen from you via taxation. Okay. I mean, that's just taxes, right? I guess. But that's a sliding scale. Is it 99% and then it's not slavery 'cause you made a penny. You know, like, I don't know. I don't know. That's kind of weird. So the same kind of question sort of creates itself here.
There's not, there's not an objective. Standard because the government is meddling and kind of changing the rules as it grows. I was trying to find a quote, but, Jensen Huang, the CEO of Nvidia, he said a few months ago, I think that basically Nvidia is the reason that the stock market is doing well.
Like they're propping up the entire stock market. And, you know, it makes me sort of revisit that idea a little bit. Obviously it's not a hundred percent of the S&P 500 or the Dow or something like that, but it's a big portion of some of these indices. And if Nvidia has, you know, some real bad days or bad weeks, then what does that do to all of the other companies that are basically valued where they're at because of Nvidia?
Right? And these private credit firms that are funding the deals that people are using. To prop up the price of Nvidia, you know, and so you had just have layers and layers and layers of, I don't really know, it just doesn't seem like there is any money there at the end of the day. You know, NVIDIA's stock price of course just shoots up wildly and all these deals and then they come back later and say, ah, you know, we're not actually gonna do that particular deal.
They're still trading up. I mean, you know, it's like, it AI can do no wrong. And, and yet companies like Microsoft and don't let me turn this into a tech episode, but you know, Microsoft Windows 11, like, it just keeps getting worse. It seems like they put more and more and more AI into the operating system and it keeps running worse and you have micro.
Windows updates all the time. That won't even work. It's like, don't install that one. It's gonna mess up your computer. You're not gonna be able to boot. You know?
Rob Brayton: Yeah. Clippy will jump in and try to fix it, right?
Nicky P: I'm pretty sure I still don't have 11. I've been trying to avoid it as best I can.
Luke Tatum: Well, I mean, you know, they're gonna threaten you with security update issues and things like that.
You're gonna have all these other problems, et cetera, et cetera. How much of that is a threat? How much of that is real? Who knows?
Nicky P: See, as an audio engineer. We never, ever upgrade to the current version of anything because we just like to keep our software running properly.
Luke Tatum: Please leave Nick's computer alone.
Anyone who's watching this that knows how to like, do nefarious things with computing. It's an old os It's a vulnerable system. Please don't attack him. But, you know,
Nicky P: Yeah, they're all vulnerable systems anymore. That was the whole point.
Luke Tatum: Gosh,
Nicky P: Mine's probably less vulnerable 'cause nobody cares.
Nobody wants to write software for old computers anymore.
Your 401(k) and Systemic Risk [23:00]
Luke Tatum: Nah, that's true, that's true too. But gosh, this whole mess, I mean, we've had AI episodes, we've had the Blue Owl Capital episode. We've talked about this a lot, and I just hope that we can distill it into an easily understandable.
Problem that you can be aware of. You know, your 401k is at risk. Your workplace retirement account has systemic risk here and the banks and the government. They're going to pull the too big to fail systemically important financial institution, SIFI label. They're gonna pull these labels out and they're gonna try to protect anybody from the downsides of this kind of collapse.
And protecting the big players from the downsides means who is left holding the bag? You. That's what it means. That's what it always means.
Rob Brayton: I heard a great term. That's that on a different podcast I was listening to that said, socialism for the few, the chosen ones and Capitalism for you. Meaning that you actually have to hold the bag and you're the one who's, who loses out.
Nicky P: Well, it's what it, what it is that's, you know, you per personalize the gains, and so personalize the gains and socialize the losses is the, is the big thing.
Luke Tatum: Yep. It's, you know, and, and people just, they just have such short term memory, you know what I mean? It's like everything's gonna work out this time.
You know, like what evidence do you have to believe that everything is gonna work out this time? Like they're not gonna pull the same thing again and concentrate the wealth. What have we seen since the housing collapse in 2008? Concentration of industries, concentration of wealth, fewer and fewer and fewer major.
Multinational holding companies that own all of the stuff, all of the media conglomerates, right? It's just a handful of companies.
Nicky P: You know, we're officially advising you folks to do this. We're advising you to look at the world from a. A positive perspective. And the best way to do that is to do what Luke here says, because if you do what Luke here says, then you're gonna have the same vision that we are and a vision that allows you to step outside of this scam, see it for what it is, and find the routes that are gonna make you wealthy outside of that.
Be in Position Before Disaster Strikes [26:00]
Luke Tatum: That's right. That's right. You need to be in the right position. When disaster strikes, disasters are going to strike, right? Anybody who tells you that you've got a permanent upward trajectory, and this is what frustrates me with financial advice. Look, the stock market over any really, really long tra track of time, you know, 30 years, 45 years over any huge period of time, it's up, right?
But you don't retire. In a 45 year window, you retire. If you retire in a single year, right? Like you pick a time. And some of those times, some of those moments in the 30 or 45 year time window are really bad. And if your assets are in a fluctuating, manipulated politically. You know, just volatile environment, then you are not in control of that, right?
So what we're teaching is control how to secede from some of these systems, or at least participate on your terms if you want to participate and, you know, that's what we're all about at Perfect Spiral Capital. So, gentlemen, any other final words on this before we wrap it up? Rob, you got anything else?
Be Like Buffett [27:00]
Rob Brayton: Yeah, I was just gonna say, I think, you know, one of the ways that we can really help people is we can help you be like Buffett and be prepared. And we can do that in a highly efficient, really strategic manner to capitalize, and one that puts you in a better position financially really serves as a foundation for you to build.
Future generations for yourself and, and put that together. And we're here to help you guys, help anybody do that.
Outro and Free Toolkit [28:00]
Luke Tatum: Absolutely couldn't have said it better myself and, and Rob has a wonderful separate YouTube channel. Separate from this one. It is Rob Brayton, PSC for Perfect Spiral Capital.
You can find him with lots and lots of mechanical insights, you know, on and the deep dive. Numbers on some of these things, and how we do what we do, but, so go check him out. Also, we've got a free toolkit, so if you, if any of this sounds interesting to you, if you're like, Hey, you know, maybe I'm willing to consider that there could be another way to approach this financial shell game.
The governments are playing, then we will help, we will help with that. I've got free courses to give you. We've got a free copy of the book that we were talking about earlier. Nick is doing a very good job of promoting this more than me. And, you know, we'd love for you to have this information and to learn this information and to be able to make that a core part of your financial identity.
You know, and so that's what we're all about.
Nicky P: I'm about Luke. I'm about inviting new friends to the club. That's what I'm about.
Luke Tatum: I like that. And we're working on, maybe a community group, online, all these other things. We got a lot big plans for that kind of stuff. We wanna help you find the right opportunities once you have your wealth, you know, under your control, truly under your control, which it's not.
At a public bank, so perfectspiralcapital.com/podcast. All we're asking is your email address and you will get a whole lot of resources that'll get you on the path and get you in the community with us, to help you make the most of all this. Thanks so much for watching.
