Everyone, Welcome to another episode of the Market Disruptors Show. Today, I am sitting down with Jay Martin. He's the CEO of Cambridge House International UM. They do a lot of live events, a lot of media, and a lot of stuff around the gold and small cap industry, which of course I spend a lot of time talking about. What I like about Jay is he has this insight because he's kind of behind the scenes in these in these videos. There's so much good information that we can get from him,
and I'm so excited to sit down with him. So, Jay, welcome, Thank for having me Mark. It's great the job with you. Yeah. You know, I I've built my career off of the statement and I say it all the time. The success leaves clues, and so I like to follow successful people and see what I can learn from him. And uh, I know you're kind of in the same space like you. You you put these events together, you bring all these
well together, and I'm sure you're learning so much. So I want to see what I can learn from you and what the audience can as well. But for those that haven't been following, you haven't made before, just give us a little bit of background. What is it that you've been working on and what are you doing? Yeah, so predominantly Mark, I'm a small cap investor, right I. Um I I look at sort of venture listed or
CSC listed companies. UM I offer a newsletter where I talk about that and essentially talking about the trends I see the companies I'm investing in. Pretty Much everything I do is is you know, following the money, right. The money flow is is my first indicator and almost my last rate. It's my business has really built around building and maintaining a network of money managers and portfolio managers
in the space. UM I hold those relationships very very tight with the intention of knowing first where dollars are moving, right, And so if I'm looking at an industry, you know, the first thing I I'm looking for is when is the smart money starting to move in? And so yeah, based on that, you know, I'm an investor first, and I'm pretty active in the spec market. The early stage hirisk stuff is where I like to spend my time. Probably too weighted in that industry, to be honest with you.
My newsletter talks about that. I host a show on my YouTube channel which is is a bit of a step back from the actual market itself. Maybe it's more macro themes. So the way I explained it is, my newsletter is focused on making money and YouTube show is focused on protecting it. Right, So we talked more about safe haven asset classes and more conservative stuff. Um. Yeah. And then in in pre COVID times, you know, we host a series of investment conferences, um, all over North America.
You know, our biggest shows are in Vancouver, Canada, Las Vegas, Nevada, San Francisco, Toronto, Ontario, but we've been all over you know, Boston, Palm Springs, Montreal. It really depends, you know that the live event industry when it comes to the capital markets, it really you really have to watch the market right because you know, if it's a hot gold market, you'll do well in Vancouver, you'll do well in San Francisco. Still, you know, a pretty historical population of gold investors in
the Bay Area. UM. If it's if it's more agnostic, we do well in Vegas, we do well in Toronto. Um. And so it's you know, up to us to really know what markets are hitting, where the populations that investing that invest in those sectors live and and uh yeah,
and they're generally open to the public. Their range in size from I guess at the small end, maybe a thousand investors would attend and will have sort of fifty to sixty small cap companies, and then at the larger end, you know, ten eleven thousand investors and five or six small cap companies. UM. And then we have a private investor club called the Panjia Club, which is really like handpicked investors that I meet along the way. There's no
quantitative criteria. Uh, it's it's just people that I meet through the trade show, business, through the newsletter UM subscribers and whatnot that I identify as being superactive in the venture market UM, and that I enjoy spending time with. It's like the unofficial no douche head clause, right. And we we we have this club where we look at deals together. I often fly club members out to locations and we'll we'll have handpicked you know, six eight deals.
So it sort of view diligence on together co invest It's a lot of fun. It's kind of all about camaraderie and and uh, you know, co diligence and get to rub shoulders and just talk shop and and just kind of borne out of the conference business and and the Panjia Club now is probably my my favorite part of the business, to be honest. Yeah, that's awesome that you're able to build that network. I love the saying that your network is your net worth and so UM.
I look back on a lot of things that I've been successful on and it was like, you know, where do I get that idea or whatever? And it was from somebody that I knew, right, So it's like being able to rub shoulders with everybody makes such a big difference. I just want to quantify if everybody listening though. You say small cap, so you're you run these events, you're
invest in small cap? What what do you consider small cap? Yeah, that's a good question, and I guess when it comes to my conferences, you know, the sweet spot would be companies that are either looking to list have a listing on the Venture Exchange or the OTC in the US, or the Canadian Securities Exchange up here or the Toronto Venture UM and typically to look in to raise between sort of five to thirty million. That's our sweet spot for the companies that will work with UM and help
them acquirity shareholder base. When it comes to investing myself in the spec sector, um, you know, really markets, it's all over like on the small end. You know, we'll look at companies that are maybe like sub hunter mill market cap for sure, you know, even thirty to fifty million market cap um. Uh, even pretty public for sure
as well. So, um, I like the early stage stuff, um because I'm I'm you know, I'm all about the people, and it's it's far more important to me that that I'm betting on the right entrepreneur and so the earlier I can get in the better right as far as needing that. So um, yeah, but you know I played pretty heavy in the precious metals industry and and uh you know take positions and companies as big as wheat and precious metals for just some security and more stable portfolio.
Yeah now, I know, um, I know, I know you You've been big in the gold space, and that's that's that's a hot area right now. It's when I've been talking about a lot. But before we dive into that, because I do want to talk about that. Before we talk dive into that, though, I like something that you said earlier, which is that you kind of just follow the money flow and so um, you know, as like a macro kind of guy, I like to look at
the market like top down. Um. And it sounds like that's kind of how you're looking at it, like top down, where is the money going to flow? And it's easy to look back in hindsight and see that you know, certain assets, it's it's it's tech stocks, then it's real estate then you know or whatever, um, And so you can see how this money flows. Um. But I guess is that how you're approaching the market like from a macro kind of top down and then just kind of
like chasing that or trying to get there ahead of it. Yeah, and you know, I think that's a symptom of you know the size of my investable assets, right, Um, I don't you know. So I love that bar here Ridholts quote. There's no wrong ideas, just just wrong timing um. And and much respect to the hardcore contrarians. You can make a bet and wait seven years for it to come to fruition. At this age of my life, you know,
that's not what I'm trying to do. And so for example, you know, I'm very active in the gold space today, because of the favorable tailwind. Right. I've been watching the gold space uh four about eight nine years, became really active in it again about four or five years ago, uh, and then superactive maybe three to three years ago. Um. And that's really just looking at the smart money. When
is the smart money beginning to move right? Uh, the smart patient money, the ultra conservative uh, that that has the time horizon. Um. You know, I think that the biggest bollmarket in my lifetime mark is going to be the health science industry. And it's one that I'm stuper passionate about right um. And I watched very very closely. But you know, I look at the sort of macro themes occurring right now, and it's just not the time
in my opinion, to invest in optimization. Right. I think the next five seven years it's all about buying stability. That's what people are gonna be looking for safe. You have an asset classes and so you know that's that's hard assets, things like gold. And if you want the capital gains and the torque, then you can go down the food chain to the explorers. Um. But there will be a time we're all be just as aggressive in the health science industry. I believe right, it's just not
right now. Yeah, I love that. I love that approach. You know, I was on a life stream with my with my one of my groups earlier and I was saying that, Um, you know, I'm not a professional knife catcher. I'm not trying to time the bottom of any market. I'm a I'm a surfer. And we were talking about earlier, like I was just on a surf trip and I'm a surfer. So I ride the wave. I look at the forecast, I see a swells coming, I go to where those waves are going to be, and then I
just ride the wave. Right, And so it's kind of the same thing that you're talking about, where, Um, you're not trying to like you said the contrarians that can wait seven years, but why not just wait till the waves there jump on the wave? Yeah, exactly exactly this point in my life, That's what I'm looking for, is uh. You know, my average position with the company is probably two to three years, right, Um, and I'll definitely hold
longer than that, but that's ideal for me. Yeah. Now you talked about with Precious Metals, um the tailwind for that, and then you went on to talk about how people would want kind of like hard assets and things like that. What do you what are you seeing? Why why do
you think that? Well, you know, I think that the you know, march rocked everybody, and I think exposed so many people to how fragile they were and how exposed they were, and uh, you know, put a real emphasis on the importance of basic things like cash reserves and income, right, um, and uh even myself. You know, I got three kids, I got a mortgage, you know, you know, run a few small companies like you know, I'm I'm I'm quite busy.
But you know, if we were my conference, business was put was put on pause with COVID, right, and we didn't have to wonder about that when the pandemic Yet it was like day one. You know, a lot of my fellow my buddy entrepreneurs were sort of wondering one month in two months in this is going to impact my business, Like we knew on day one, right, the event business is shut down for a long time, So let's pave it hard into all of our digital businesses.
And that's worked out well. But you know, when when that cash flow shut off, I was looking around at my portfolio and saying, you know, I'm really having the spec market. I love the higher risk sector, uh, the gambler and me thrives there. Um, but where's the security in my portfolio? And do I have enough? Right? And and I definitely double down on a few uh positions I had. Um that just I didn't feel we're large enough to really carry my family through a worst case scenario. Right.
And I think that that's a relatable circumstance right now. I think a lot of people can relate to that. They've had their income shut off or compromised. Um. And you know, you look at the capital was like you know, that's what I look at. And you look at the central banks buying up gold right now. You look at the ultra conservative pension funds buying up gold right now.
They're looking for security, they're looking for a buffer against inflation. Um. And and that's really gonna find it right historically, Uh, you know they find it in gold, right And so um, that's what that's what I'm talking about. Yeah, I know exactly what you're talking about. Like when that pandemic hit, I can't imagine there was a single person. Well I'm sure there was probably some people, but the people that I knew probably all wish they had a little bit
more savings. You know. I was like, I mean, you know, I I I can, I can go quite a while without making any income. But even me, I was like, I need more savings, and and and and even and even with the future being uncertain. Um, you know, the reality is in the future it might be harder to make money. We don't know. So it's like, uh, every
everyone's definitely scrambling for more security right now. Yeah, well there's never you know that I think we've and taught to have not enough respect for cash, right, It's it's put the money to work, right, what's your money doing for you? Right? Uh? You know, interest rates have just remains so appealing. You look at the bubbles and car loans and student loans, like it's it's the way we've been trained to a degree, right, Like cash has no value, right,
put it to work, right, leverage whatever. Uh, And I think we woke a lot of people were woken up to the fact that that can be hugely costly. Yeah. Well, you know, they've created a system, the central banks, the front reserved, They've created a system where the money just loses value every day, so like forces people to go save. And by design, I mean the FED targets a two percent inflation rate, which means you're losing to percent value every year. Um. And so by design they're forcing us
to go spend. And you chase that down a couple of generations, and of course it's no surprise that here we are today. Right. So I'm curious, um, being the in small caps, which I guess would be considered more risky for sure. Um. Right. You kind of mentioned with the miners. As you move down the food chain, right, you're kind of trading risk and reward. So being in the small cap space, you're younger, you probably make a good income, you're probably generally okay being a little bit
more risky. Um. But then you see something like the pandemic happen where all of a sudden you're questioning that. Um. So I'm curious how you kind of like look at your own portfolio, um, and how you balance that out. I mean, were you getting rid of a lot of those like short term positions and moving to cash, or were you're moving that to gold instead, or like, how how did you approach that for your for yourself. Sure. Yeah, so, um, I guess I think about it in sort of three
buckets in my portfolio. It's pretty simple. It's the the one bucket called the insurance insurance assets, things like my principal residents, uh physical gold right not not not paper gold or funds, but actual is the goal that I own and have. Um and you know, I still get a lot of people have called me out on that. It's funny, Um, like I'm some kind of tin hat arm to get in prepping, you know, with the safe in my basement. But you know, it is what it is.
It's you know, you don't have to look far back in history to see the value that just in case scenario, right, Um, so yeah, that's what I think about it. Actually, you know, this is this will be something you'll probably have some comments and actually put a bitcoin in that bucket for myself and and only because um, you know, I'm not an aggressive bitcoin investor. You know, I allocate a bit of cash through every two weeks. But I guess the way I think about bitcoin is, you know, I never
intended on becoming a trader. I don't really intend on sort of catching out unless there was some unique circumstance. It's something that I just I want to have a horse in that race, you know, just in case scenario, if there was a situation where FIA currencies were massively compromised, I think those asset classes are going to do really, really well. And so yeah, it's real estate, it's gold. Uh, even though bitcoin you've got a hard asset. I put
it in there. I'll get people to argue me on that, but that's where where I where I place it. UM. And then it's you know, yield paying stocks. Read. I have a position UM in a variety of dividend paining gold miners right now. UM. And that's where I feel good, uh, in terms of market exposure with those bigger companies UM. And then about maybe thirty percent of my invested glasset, which I acknowledge is large, but it's my style is in the spec market, in the early stage, high risk
stuff UM and and right now it's it's Uh. It's a majority precious metals for sure, a lot of precious metals explorers or early stage developers, but not exclusively. We're still quite active in the telemedicine space. One of my biggest holdings is in the nutrition space. UM it's a company I helped co found a couple of years back and as a seed investor. UM it's actually the infant nutrition industry. UM, and it's doing really really well. But yeah,
that's that's kind of the overall breakdown. Yeah, I think that's great. And what I what I think that a lot of people can get from this is that one you said, Uh, it maybe a little bit too much, but it's my style and so UM, I think that's really important for people to understand, is that what I what I say is like, we have our own investor d n A and we need to understand what that is. Because what I want, what I need, what my goals are, what I know is different than you, and so I
need to know what is right for me. Just like what you said, It maybe a little bit much for the people, but it but it's your style. And so I think I think that was that was a great point that you put out there, and I think everybody needs. Yeah, it'll change with time, I'm sure. Right at this point in my life, I'm I'm not quite swinging for the fences, but I like that, you know, And that's what I used to do prior to having kids and having a
few more responsibilities. I've always been a gambler, right, and I'm definitely uh, you know, I trend towards a higher risk tolerance for sure, So I need to be careful, right and share. I put some structures in place that limit my exposure a little bit because I'd be all in. I'm a horrible poker player. Man, I'm all in on
the parents suos. But but that's the point, and that's why it's so important for people to understand this, because there's no like me giving you the right answer, because that answer changes, right, So like you're for you, like you might have been more risky before kids. Now you have a couple of young kids, you're and you know, a little bit less risky. Uh. And then then pandemic hits, and then there's even less risk and so and and your goals and things change, and so it's important that
people understand that. The other thing that you were saying that I want to bring a point to for everybody listening, is that what you also said, and one is investing along your style. The other thing is that you're investing along It sounds like and tell me if I'm wrong, But you're investing into stuff that you know that you
have some domain expertise in UM. So you're running events, you're meeting people, you have expertise there, you have maybe inside connection, not insider, but you know what I mean, And so you're investing along with your knowledge. Would you say that's correct? And it's still key right to play to your strengths. And yeah, I'm agnostic in the industries I touched, but not in my approach. It's all about the people people every company. I'm a shareholder of UM.
I have a high, high, high level of confidence in the entrepreneur um you know, and and you know my criteria is real simple. It's essentially when I began looking at a company, first of all, I need to be able to identify some shareholders that I know and have a high level of trust in, right, UM. Then that helps me qualify yes, this is worth a deeper look. And then secondly, let's look at the management team and decide um whether or not they've had wins in the
past that I can stand behind. Right, I'm not opposed to betting on the rookie at all. Uh, you know, most of my life I've been the rockie, Right, but like when it comes to my my dollars, Yeah, I do have that criteria, right, and if it is, you know, I've got a couple of positions and some first time CEOs, but they've surrounded themselves with the right executive team and I've got all the confidence in the world that they've made the rights to buffer their blind spots, right, and
so I can believe in that team. But yeah, step one is look at the shareholder base. Who are the cornerstone investors? Do I know them? Do I trust them? Do they have a history of making good decisions and being right? You know? And secondly it's the management team have already proven they can do it right, So the question isn't can they do it? But can they do it again? Right? Um? Always look at who the majority shareholder is, you know, and if they're not the management,
then runaway. Right. If they don't have more skin in the game than I could ever, then I'm not interested. Right. They'll never never be a good steward of your capital unless they're more worried about their own. That's just human nature, right. Um. Yeah, that that that that that skin of the game is so important because it's so easy for someone to walk away from sweat equity, but they're they're very less likely to walk away from their own capital. And that's something
that I constantly talk about. And and uh, not just that I'm the smartest guy and I figured out how we're we're both smart. But you know, every every other successful person I've talked to you always says, follow the team. Follow the team, follow the team. And even when I'm going into stocks, especially some of the smaller stocks, I just look at the team, and I always what I like to say is that a good team won't go
to a bad project. And so it's just if I start there, I can filter all the junk out first, and then I do some private kind of like small private stuff, and then maybe maybe, as you're saying, right, the founder doesn't have the track record, but because it's smaller, you can kind of get to know them a little bit and you can see like what their passion levels are,
what their you know, tenacity levels are, things like that. Yeah, yeah, because we all know, like there's bad days out number good days an entrepreneurship nin one, right definitely, And uh, you know, and so and that we're talking small cap, early stage stuff, right, you look at the bigger companies and bigger, bigger funds and investors, you know, people like First Year, Right, he's famous. Some of his famous quotes are the good good company can survive a horrible CEO. Right.
And he's not wrong with the level of companies he plays with. Right. But if you're looking at the small cap early stage, you you are betting on the entrepreneur, right, and plenty is not going to work. It rarely ever does right. Plan B rarely works, right, So do they have the resiliency, the energy, the mental toughness. Are they going to be losing sleep over there? Probably? I kind of want that, right, You want someone who's willing to
bleed to make it work, right. I think that's hypercritical. Yeah, I love that. So now I know, like, like we've already mentioned, I mean, you do a lot of stuff in the gold space. I talked about gold quite a bit bitcoin as well. I'm sure my audience has heard plenty of that. But I'm curious because you know you are Also you said you kind of just more involved
in small cap. So you mentioned um cannabis, you mentioned blockchain, you mentioned neutral suticals, you mentioned technology, tele medicine, things like that, Um, are there any other ones that you're kind of like part way in right now, like other money flow areas or do you think gold is like the best spot or like what else are you seeing right now? Well? I was, I was very very keen on uh the psychedelic space actually over the last or three years. Um. Uh you know what's the psyched what
what's the psychedelic space? Like legal right right? No, So we're talking about psychedelic plant medicines like psilocybin, i e. Magic mushrooms um M, d M A UH and LSD as a treatment for mental health disorders. And the clinical trials that are being run right now and over the last sort of four or five years are incredibly compelling. And when you look at the size of an industry, like you know, depression treatment for example, and the the
success of traditional treatments is incredibly low, right um. And then there's companies like Compass Pathways and now I think a two billion dollar company found founded out of the UK. UH. They're running clinical trials in the UK, USA, Canada putting hundreds of patients through UH psilocybin trials to treat what they determined to be treatment resistant depression. They've they've been
unsuccessful with traditional ssr s right depression medicine. UH. And there's there's uh yeah, there's clinical trials that are stacking up now supporting UM counseled and guided psychedelic experience UM that is proving able to change the way we believe, think about ourselves, you know, our self beliefs and are preconceived UM ideas. That's having a very positive effects on
things like depression, on addiction, end of life anxiety. UM. And it's an industry that I was watching really really closely for about three years because the science was so compelling UM. And you know, whenever you have it. It's similar to cannabis in that, you know, UM clinical studies were blocked by prohibition for so long, and so there's just a lot we don't know about these molecules and
their potential medicinal benefits. I mean, that was the real thing with cannabis, right, it was it was the real downside to prohibition is that you couldn't study the compounds, right,
You couldn't learn more about the potential impact. And now that we've lifted up that gate, there's all sorts of amazing science coming out about how to not just not just cannabis, but the various cannabinoids that come out of the plants and how they can be utilized and and um, you know, we're seeing similar studies now and getting clinical passes on specifically m D M A and psilocybin um.
And although the science is very compelling, I haven't seen a business model that really convinces me yet that there's something there. And necessarily definitely a capital markets uh play there, But it's an emerging industry. There was a ton of dough going that direction sort of a year and a half two years ago, but I believe it was really just on the heels of that maybe this is cannabis Part two industry, and I just didn't believe that to be the case. Um. So it's it's it's an industry
that I'm watching very closely. In the private sector, I haven't found a company that I believed in enough to take a susition, and but one that I am watching very closely. Um. And then, like I said, you know, the health science sector in general, like I love the health sector by the nutrition nutraceuticals. Um, you know, got a couple of big positions and some telemedicine businesses, which
I think is just fantastic that this industry is. You know, it's one of the silver linings of unfortunate situation like a global pandemic. We're stuck at home, and it's it's expediting the evolution of somebody's companies. Like you know, I would probably visit my doctor farmer often if it was the simple a skype call instead of having to call in,
book an appointment, wait three weeks and get in there. Yeah, and everybody has been forced now to get used to zoom or skype or whatever it is, and so um as you become more used to that than of course seeing your doctor seems pretty simple. UM. I have read a lot about um as. You're talking about the benefits of the pilocide and m D m A treatments, and uh yeah, it looks like overwhelmingly positive. I mean that the amount of of of stuff they've been able to
do has been been amazing. In the United States, you know, it started with with like one state. I think it was Colorado legalized marijuana first, and then it just spread. I think Oregon is now like legalizing psilocybin treatment. UM. But I know there's a handful of other therapists that are doing both well. Actually, the psilocybin, the LSD which they call something else I forget, and then and then the m B m A. So I think I've been
watching it as well. And I think, like like anything, if you get in early, if as you said earlier, like if you had the if you had the hands as a contrarian to get in and wait for seven years, the rewards can be big. Um. For me, again, as a surfer and not a professional knife catcher, I kind of like to wait for that trend to develop a little bit. And so I think it required a little bit of legalization, maybe some policy change, um, but I haven't really seen. Yeah, I mean Oregon, I guess is
a little bit. So maybe it'll happen. Yeah, there's special circumstances licenses right now for maybe four or five companies in the US and Canada that hal approval to synthesize the psilocybic compound and then utilize them in trials. Um. And you know, the results look great right in terms of like sort of one treatment you're seeing six months post treatment, uh, limited or no effects of what was
treatment resistant depression. And and the problem that's that's probably going to occur there is that you know, cannabis as either a recreational or medicinal application is generally generally recurring use, right, And that's why there's money to be made. Because his money to be made, that industry got pushed forward. Right.
You look at the psychedelic industry, and the clinical trials so far are so positive that it literally is one treatment and six eight months later results are still there. And so unfortunately, although it's you know, we're talking about potential, uh really impactful cure for mental health, that's amazing, but because the recurringing, that's the thing, right, and you know, unfortunately it takes money to push these things forward so well.
And and and I mean they you know, they want you to be taking a prescription, you know, anti depressant for the rest of your life, like you're saying, So there's that, but also that that prescription can be patented or whatever, but you can't patent a plant, and so you have you have that problem as well. Yeah, yeah, so definitely uptil battle I uh, you know, I it's it's a shame to see you know, regulations trampling what could potentially be you know, life changing treatments. As you said,
I mean, some of the reports have seen been amazing. Well, yeah, that that depression treatment business is a you know, multibillion dollar industry, but it's really a subscription business, right, and so that's to replace that is going to be very very challenging. Well, the problem is with that industry is that, um, you know, whatever they're gonna put you on xan X,
ors olaf or whatever it may be. I don't even know the names of all of but uh, you know, it's like, if you're depressed, you don't have a zan X deficiency, you don't need zan x. Like what is causing the depression. It's either something mentally, some sort of trauma, something whatever, or it could be some kind of chemical you know, makeup in your body. But it's not because
you lack zanex, you know. I mean, so you know, using something like these these alternative treatments, you can go through the mental side, or you could work on your diet side, you know, taking stuff out of your diet, adding stuff in. But I just I don't I don't see how the prescription of Zanex for the rest of your life solves that but that's the money side, right, Yeah, yeah, yeah, absolutely, that's interesting. The telemedicine space is interesting. I haven't seen
direct plays on that. The biotech space is something that I have been kind of watching. I think there's there's a lot of advancement there, obviously, Uh, with the whole COVID thing, you know, therapeutics and whatnot. Um so um, I have been watching that. Have you Have you looked at that at all or you know, Mark, I don't. And it's it's funny. It's just it's never really attracted a lot of capital in Canada where I live. And although it's a massive industry in the United States, Um,
it's it's not. You know, out East Countreal there is maybe a few a handful of companies, but it's never been big enough out here for me to know enough entrepreneurs to be make a qualified decision about investing, you know what I mean. Yeah, I see the industry. It's exciting.
But because it doesn't exist to any large extent out here, uh, And because I guess my approach is all about getting to know the individuals behind the funds and the companies, I haven't had that opportunity, and so it's never really been an industry that I've played with. And and that's a great answer, and it goes back to what you said earlier, right about investing in what you know. And so I get asked all the time, oh, what about
this or what about that? And I said, I just I don't have the expertise there, and so I don't go into those areas. I do recognize them, and I think there's opportunity there, but because I don't understand it, then I just stay away. And I think I think most people could benefit it from that. We see, you know, people buying all kinds of things they don't understand, and a lot of times it doesn't work out so well.
So I think that's uh, I think that's a great thing. Um. And then obviously you own a business, so then you're investing in the business as well, which I always tell everybody, like I believe that the best investment you could ever make is in yourself right, and so invest in your own education, invest in your own business. And um, you mentioned earlier you're like your newsletter and your YouTube channel.
Ones like making money and one's protecting your money. Yes, and so really there's like three levels of money making it, growing it, and then protecting it. Yeah, and you really need to focus on that. And so many people, you know, I talk about investment stuff. Everyone is talking about I want to invest, I want to invest, I want to grow my money. And that's fine, but you need to
also focus on making money. And a lot of people, I feel, unfortunately, neglect that part and they think they can become a full time investor and they don't realize, like, well, the investing is kind of what you do with your money after you make it, right. Yeah. Yeah, managing a portfolio full time can incredibly stressful, and you need to have a lot of money. Yes, you know what I mean.
It's like you don't you don't start with a thousand dollars and then become a full time investor like you started like a few, you know, ten million dollars and then maybe become a full time investor. Yeah yeah, great stuff. Well, um, some great insights from me. J I really appreciate sharing that with us. I think, uh, like I said, your your unique insight because you're putting these events together, your networking with all these builders and owners and investors. It
just gives you such a unique insight. And I love to get that perspective. Invest in what you know, investor your network, follow the team, right, So, um, where do people find out more about you and follow you? Maybe some of these events your newsletter you talked about, etcetera. Yeah, so all of the content that we publishes on Cambridge House dot com. I, uh, all my freeings letters are up there. And then um, our YouTube channel is is
Cambridge House and you search Cambridge House YouTube. You'll fund all of our concert and up there. Um. I should be more active on Twitter, Mark, I'm trying to take one from you here and get more active on the platform. But we're at Cambridge. Anything that I'm posting up there usually announcing any content we're putting out and uh, companies are really excited about and all that. But so cambrage
dot com, website at Cambridge on Twitter, Cambridge Shoes on YouTube. Yeah, so for everyone listening, I'll link to that in the in the show notes, so make sure you go and check that out. He's got some great content. I've been watching some videos on his YouTube channel as well, so um, yeah, great stuff. Jay. I appreciate you sharing with us, taking the time. Thanks for having me on Mark, it was great chatting with you,
