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I never know what markets are 
going to do, there's never been 

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a time in my life, what I know 
what markets are going to do 

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over a long period of time, 
they're going to go up, but in 

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terms of what's going to happen 
in a day or a week, or a month, 

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00:00:11,800 --> 00:00:17,100
or a year even never felt that I
knew it and I've never felt that

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was important. 
I will say that in 10 or 20 or 

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30 years, I think stocks will be
a lot higher than they are. 

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Now, let me save you. 
A lot of trouble today as you 

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hear all different opinions 
about the stock market, it 

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00:00:30,400 --> 00:00:34,900
different analysts and people 
pontificating about the future 

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of the economy. 
The recession coming up the 

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single dip or the double dip. 
That's going to happen. 

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Interest rates inflation, the 
next earning season and on and 

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00:00:45,500 --> 00:00:47,800
on Warren Buffett. 
Simplifies this for us. 

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We don't know what direction the
markets going to go tomorrow or 

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the next day, but over a 10-year
period. 

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There is a very good chance that
it's going to go up over a 

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20-year period. 
It's almost unquestionable that 

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Rocks are going to go up. 
It's happened in literally every

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rolling 20-year period since the
beginning of the stock market. 

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So the reason that I'm not 
worried about my portfolio or 

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the fact that the markets in the
red today. 

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Oh, no. 
I'm down, eight thousand dollars

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today. 
So much money vanished, the 

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reason that I'm not concerned 
about this is because I look at 

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the fundamentals of the 
companies that I'm invested in. 

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I look on an individual 
case-by-case basis and I don't 

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let the market whip song back 
and forth from positive to 

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negative on. 
A weekly or monthly basis change

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my long-term perspective about 
how my investments are doing. 

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Now, having said that we do have
a lot to get into in this 

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episode. 
The first thing that I want to 

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get into is related to all the 
talk about the market. 

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I think, one thing that every 
investor should do, if you're 

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investing in individual 
companies, is create a chart. 

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Just like this, it literally 
takes 10 minutes to do, and you 

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can record how your companies 
are doing on an earnings basis. 

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You can see if they're beating 
their expectations or missing. 

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I did that for every single hole
And every one of my companies 

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and I also compared it against 
the average of the market. 

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The S&P 500 and Q2 had an 
average of 62 percent beat 

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earnings my portfolio and the 
capital that I invested has 77 

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percent be earnings. 
So we're over all doing really 

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well and there's more insights 
that we can gain from this. 

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So in this episode, I'll be 
going over there, Q2 earnings 

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this chart and what I plan on 
doing in the future related to 

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this. 
Now we also have some big news 

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movie passes. 
Back remember movie pass with 

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their business model of letting 
you watch unlimited movies for 

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00:02:35,100 --> 00:02:37,400
ten dollars per month. 
You could literally watch a 

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movie a day. 
It was almost too good to be 

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true. 
Well it actually was the company

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ended up going bankrupt but now 
they're back and they have a 

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bigger and better plan than 
before and it's going to be 

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premiering in two days and 19 
hours and eight minutes. 

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So we're going to discuss what 
went wrong with movie pass their

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original business model and what
they're trying to do to update 

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the business model to make it a 
Us this time around. 

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Now, speaking of movies and 
television, we also have the 

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premiere of House of dragon the 
prequel to Game of Thrones that 

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premiered last night and it 
actually was such a success that

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it caused problems. 
There's people that had trouble 

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streaming it. 
We're going to go over this and 

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how it's affected, Warner 
Brothers, Discovery and see if 

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this can change anything for 
this new streaming service. 

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And then finally, we have more 
Tick, Tock advice the last one 

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that we went. 
Over was how to have a 

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productive day. 
Which included. 

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Checking yourself in the mirror 
at least five times a day. 

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This one is more simple. 
Oil. 

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This is how to become completely
financially set within 10 years 

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by following three simple steps.
So, as always, we have a lot to 

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jump into in this episode. 
If you like this type of 

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00:03:39,308 --> 00:03:42,600
content, make sure to subscribe 
to the Channel with the Bell 

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00:03:42,600 --> 00:03:45,100
icon. 
So you get notifications that 

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00:03:45,100 --> 00:03:48,400
Bell icon is the way that 
YouTube notifies you with a 

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00:03:48,400 --> 00:03:51,000
toast notification. 
Now let's go ahead and just do a

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quick portfolio update. 
I haven't made any major 

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changes. 
What I've been doing, is 

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continually dollar cost 
averaging into the market, come 

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rain or shine. 
No matter what direction, the 

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markets going, whether it's 
going up or whether it's going 

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down, like days. 
Like, today, it's down around 

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2%. 
I've just been buying into 

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companies that I think are 
currently good value. 

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00:04:10,200 --> 00:04:13,200
One of them is Church & Dwight. 
I've been building up a little 

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00:04:13,200 --> 00:04:16,600
bit bigger position in this 
company, I bought more Nike and 

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I bought a little bit more 
Pepsi. 

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00:04:18,300 --> 00:04:21,200
I'm currently buying these 
consumer staple and consumer 

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companies. 
I bought a bit more of the 

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00:04:23,000 --> 00:04:25,500
restaurant stocks. 
I know these ones are supposed 

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00:04:25,500 --> 00:04:28,500
to be bad buys right now because
apparently we're going into a 

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big recession. 
I can't help myself. 

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I like the business models of 
them. 

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I want to hold them for a 
multi-year period. 

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So whether or not we go into a 
recession is not a huge problem 

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00:04:38,900 --> 00:04:40,800
for me. 
I plan on holding them right 

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00:04:40,800 --> 00:04:42,700
through it. 
Now this is the view of the dip 

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00:04:42,700 --> 00:04:44,800
finder. 
This is a tool available to all 

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00:04:44,800 --> 00:04:47,400
Patron members. 
That shows all of my companies 

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00:04:47,400 --> 00:04:49,800
on the passive income account 
and whether or not they're 

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00:04:49,800 --> 00:04:52,400
really doing well trading 
upwards or whether or not 

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00:04:52,400 --> 00:04:54,400
they're selling off. 
Right now, the left hand of 

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00:04:54,400 --> 00:04:57,800
these, the companies like, 
Target tiro price Nike and JP 

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00:04:57,800 --> 00:05:00,800
Morgan are way below their Day 
moving average. 

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00:05:00,800 --> 00:05:03,900
Meaning, these ones are still in
a technical dip, their trading 

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00:05:03,900 --> 00:05:06,100
downwards. 
The ones on the right side here,

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00:05:06,300 --> 00:05:09,300
Vici Canadian Pacific, Texas 
Roadhouse and apple. 

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They're all trading upwards VG, 
doing the best by far. 

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So we have a bit of a split 
here. 

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It's no longer every single 
company in my portfolios and a 

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dip. 
Now it's split around 50%. 

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So I'm trying to put more 
emphasis into buying the ones 

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that are currently in a big dip 
Nikes in a dip and Church & 

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Dwight is in a dip and I've been
buying those two companies. 

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00:05:29,300 --> 00:05:32,700
I have not Buying anymore Vici 
or Canadian Pacific. 

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They've just had too much 
momentum, carrying them up and I

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00:05:35,700 --> 00:05:37,700
want to wait until they get to a
lower price. 

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00:05:37,700 --> 00:05:41,100
Now like you've seen before I've
been tracking this Q2 earning 

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00:05:41,100 --> 00:05:43,000
season and how am I companies 
do? 

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00:05:43,300 --> 00:05:46,500
And I've been comparing it to 
The Benchmark of the S&P 500. 

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What I tracked here is a 
revenue, the earnings per share 

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00:05:49,800 --> 00:05:53,700
and the forecast they gave and 
overall, I've been very 

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00:05:53,700 --> 00:05:56,500
satisfied with the results. 
I have every single company top 

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00:05:56,500 --> 00:05:59,300
to bottom, my most heavy 
weighted company to lowest 

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00:05:59,300 --> 00:06:01,500
waited. 
And then I added that up whether

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00:06:01,500 --> 00:06:03,600
or not they beat their earnings 
per share projection. 

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00:06:03,800 --> 00:06:07,700
Then I compare that against the 
average of the S&P 500 right now

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00:06:07,700 --> 00:06:10,900
around. 77% of my invested 
Capital has beat their earnings 

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00:06:10,900 --> 00:06:15,400
per share projection and that's 
compared to around 62% of the 

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S&P 500. 
Anytime we're doing above 

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average, I think that's a good 
thing. 

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And the companies that I'm 
invested in our very strong 

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companies, I want invest in 
companies that continually beat 

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00:06:24,500 --> 00:06:26,900
their expectation and grow their
earnings year-over-year. 

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Now, one of the problems with my
portfolio that really dragged 

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00:06:29,800 --> 00:06:32,400
hours The overall result was 
Microsoft. 

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I'm heavily overweighted in 
Microsoft with a 13.4% waiting. 

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And they missed, they missed 
both their revenue and their 

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00:06:39,700 --> 00:06:42,400
earnings per share. 
This is incredibly rare and I 

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00:06:42,400 --> 00:06:46,000
don't expect Microsoft to have a
repeat in the near future to 

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give you an idea of how rare 
this is. 

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This is a historical look at 
their earnings per share 

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surprise. 
The last time that Microsoft 

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missed their earnings per share 
like they just did was back in 

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2014. 
That was literally the last time

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they've missed their earnings. 
So I think that Microsoft more 

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00:07:01,300 --> 00:07:03,700
than likely won't have another 
repeat of this. 

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I think they'll continually beat
their earnings per share and 

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I've decided I'll do the exact 
same thing for Q3 as well. 

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I'll look at all of my 
companies, I'll keep track of 

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which ones Miss and beat and how
it Compares against the S&P 500.

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And I'll keep a history of this 
as well. 

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I won't delete this. 
So I'll see how my companies do 

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over time. 
Tracking them quarter by 

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00:07:22,700 --> 00:07:25,400
quarter, I think it's very 
interesting to look at now. 

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Moving on for my portfolio, I 
have to talk about movie pass 

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because they're making a 
comeback. 

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They even have this hype 
building countdown ticker where 

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they say, they have two days and
18, hours until the movie Past 

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Beta app is accessible by invite
only very prestigious. 

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You got to have invite only to 
get part of this and it makes 

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sense. 
The last movie pass sap was such

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a good value, that basically 
nothing else competed against it

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and just to go over the business
model of movie pass, what it was

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00:07:55,600 --> 00:07:57,800
historically. 
At least, I think there's nobody

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00:07:57,800 --> 00:07:59,800
that explains it better than Gus
Johnson. 

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00:07:59,900 --> 00:08:01,500
Listen, Gus Johnson is a 
YouTuber. 

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00:08:01,500 --> 00:08:03,500
I'll leave the video link in the
description below. 

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00:08:03,600 --> 00:08:05,800
Here's a video. 
He did a couple years ago that I

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00:08:05,800 --> 00:08:09,400
really think accurately portrays
the movie Past business model. 

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00:08:09,900 --> 00:08:12,300
Hi. 
I'm Jonathan movie, founder and 

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00:08:12,300 --> 00:08:16,300
CEO of movie pass a humble 
little app where you can pay $20

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00:08:16,300 --> 00:08:19,000
a month and watch as many movies
as you want. 

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So, go download our little app 
and get out there. 

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00:08:21,800 --> 00:08:23,800
Just go ahead and go have fun 
with it, man. 

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00:08:23,800 --> 00:08:28,100
Go nuts with it. 
Hey guys, Johnathan movie 

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00:08:28,100 --> 00:08:32,299
checking in again. 
On turns out, a lot of people 

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00:08:32,299 --> 00:08:35,900
signed up for a movie pass like 
a, like a whole bunch of people 

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00:08:35,900 --> 00:08:39,200
sign up for Movie Pass which is 
fine, which is good, that's 

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00:08:39,200 --> 00:08:40,500
really good. 
We, that's what we want to see, 

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00:08:40,500 --> 00:08:43,200
but maybe just between you and 
me. 

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00:08:43,200 --> 00:08:45,700
Maybe if you guys could stop 
telling your friends and family 

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00:08:45,700 --> 00:08:49,000
about movie Past would be really
helpful again. 

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00:08:49,000 --> 00:08:50,500
No need to panic. 
Everything's fine. 

186
00:08:50,700 --> 00:08:52,900
You can still keep seeing some 
movies. 

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00:08:52,900 --> 00:08:55,100
Maybe don't go see every movie. 
You have to see every movie 

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00:08:55,100 --> 00:08:57,700
every day, okay? 
But just, maybe cool your jets a

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00:08:57,708 --> 00:08:58,900
little bit, that'd be really 
great. 

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00:08:59,000 --> 00:09:00,700
If you can stop soon. 
So many God, there's so many 

191
00:09:00,700 --> 00:09:03,300
movies. 
So thank you guys. 

192
00:09:04,100 --> 00:09:07,000
Just keep it up that control it 
though he's acting. 

193
00:09:07,000 --> 00:09:10,900
But his portrayal of this is 
correct movie Past started as a 

194
00:09:10,900 --> 00:09:15,100
small app and it was this thing 
that you could pay $20 a month 

195
00:09:15,100 --> 00:09:17,100
and see unlimited amount of 
movies. 

196
00:09:17,100 --> 00:09:20,400
Literally, any movie you wanted 
any time of the day and while it

197
00:09:20,400 --> 00:09:23,600
did start off as a small 
experiment, this movie Pass App,

198
00:09:23,600 --> 00:09:25,500
grew very quickly. 
Within two days. 

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00:09:25,500 --> 00:09:28,800
Subscriptions went from 20,000 
to 100,000. 

200
00:09:29,100 --> 00:09:31,900
That was in. 
Two days in less than a year 

201
00:09:31,900 --> 00:09:34,900
movie Past had over three 
million subscribers. 

202
00:09:35,000 --> 00:09:38,300
And remember that, at this time,
they had no profitable business 

203
00:09:38,300 --> 00:09:41,500
model, every single subscriber 
cost, the company money, you 

204
00:09:41,508 --> 00:09:45,000
could sign up for a movie, pass 
for $20, a month and see $100 

205
00:09:45,000 --> 00:09:48,600
worth of movies, taking money 
directly from the investors and 

206
00:09:48,600 --> 00:09:52,000
this continued on. 
Hey guys, Johnathan movie 

207
00:09:52,000 --> 00:09:54,800
checking in frankly kind of 
pissed. 

208
00:09:55,300 --> 00:09:56,900
I told you guys to chill last 
time. 

209
00:09:56,900 --> 00:09:58,500
Maybe stop telling friends and 
family. 

210
00:09:58,900 --> 00:10:01,400
Turns out people just keep sign 
up for the service like movies. 

211
00:10:01,400 --> 00:10:05,900
Grow on trees and maybe just 
stop signing up for the app. 

212
00:10:05,900 --> 00:10:06,900
Okay? 
Stop it. 

213
00:10:07,200 --> 00:10:09,800
Go get a DVD or something. 
Just, maybe stop just, maybe 

214
00:10:09,800 --> 00:10:10,700
just stop. 
Could you do that? 

215
00:10:10,700 --> 00:10:13,200
Because you did for two seconds,
you'll see every movie, every 

216
00:10:13,200 --> 00:10:17,000
night, okay, Jonathan movie, 
check it out, long story, short 

217
00:10:17,000 --> 00:10:19,000
movie, Past grew too fast, too 
big. 

218
00:10:19,000 --> 00:10:21,900
With no way to monetize their 
subscribers and with them being 

219
00:10:21,900 --> 00:10:25,100
a money-losing company. 
They blew through hundreds of 

220
00:10:25,100 --> 00:10:28,100
millions of dollars in a matter 
of months, the company was 

221
00:10:28,100 --> 00:10:29,700
eventually sued and filed for 
bankruptcy. 

222
00:10:29,900 --> 00:10:32,500
The and Mark Wahlberg's 
nonfiction production companies 

223
00:10:32,500 --> 00:10:35,200
making a documentary on this 
story but that leaves us to 

224
00:10:35,200 --> 00:10:38,000
where we're at now, movie passes
back and it's going to be 

225
00:10:38,000 --> 00:10:41,200
opening in beta. 
Invite only in two days. 

226
00:10:41,300 --> 00:10:43,600
Now, it seems like they've 
learned their lesson this time. 

227
00:10:43,600 --> 00:10:47,400
They say the prices are going to
vary between 10 20 or $30 a 

228
00:10:47,408 --> 00:10:49,200
month. 
Each subscription option will 

229
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give the user a number of 
credits to use each month to see

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the movies. 
There won't be an unlimited 

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option during the beta version, 
they've learned their lesson 

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with that unlimited option. 
If you give someone the ability 

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to see any movie Any Time for 
free, most people are going to 

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go and see every single movie 
that comes out. 

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There's literally no downside. 
If you have the time you could 

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go to any movie, you want. 
So they completely took away 

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that option. 
Now also change the color of the

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debit card for whatever that's 
worth. 

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00:11:16,800 --> 00:11:19,900
It's a MasterCard that's all 
black that has a new movie Past 

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logo so you can Flash that when 
you go to the movies. 

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Now overall this is another 
thing being created that 

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probably doesn't need to exist 
because the major movie Chains 

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virtually all of them have 
already caught on The whole 

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00:11:30,200 --> 00:11:33,100
subscription idea. 
We have AMC, Theaters having 

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00:11:33,100 --> 00:11:36,100
there a list, C up to three 
movies every week Cinemark, did 

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00:11:36,100 --> 00:11:39,200
the same thing, they call it, 
this Cinemark Movie Club, you 

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00:11:39,200 --> 00:11:41,000
subscribe, you pay a little bit 
every month. 

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00:11:41,000 --> 00:11:43,800
You get one free ticket 20% off 
of snacks. 

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00:11:44,100 --> 00:11:46,200
You can avoid all the online 
fees. 

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When you reserve a movie ahead 
of time, it has all the basic 

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00:11:49,300 --> 00:11:51,100
perks rolled into their 
membership. 

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So while movie passes making a 
comeback, unfortunately, I think

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there's slim chance that it will
ever be as big or notable as the

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first iteration. 
Now we I also have some big news

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00:12:01,200 --> 00:12:04,100
that the house of dragon 
Premiere was so popular with 

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00:12:04,100 --> 00:12:06,500
millions of viewers that it 
actually crashed. 

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00:12:06,600 --> 00:12:09,900
A lot of the app, it had 
technical difficulties because 

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00:12:09,900 --> 00:12:11,400
of how big this Premiere was. 
Now. 

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00:12:11,600 --> 00:12:14,300
Before we jump into that story, 
I have to do a quick shout-out 

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00:12:14,300 --> 00:12:16,000
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100 dollar trade and the 
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straightforward, very simple. 
This is what it looks like for 

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00:12:48,600 --> 00:12:50,600
me. 
I have Adobe and Amazon. 

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00:12:50,600 --> 00:12:53,600
These are my only two Holdings. 
It's still a small account at 

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00:12:53,600 --> 00:12:57,800
three thousand dollars invested,
but I'm in the green by $321 

275
00:12:57,800 --> 00:13:01,800
which is a return of almost. 8% 
which I think is good given the 

276
00:13:01,800 --> 00:13:05,000
time I started this account. 
So so far it's going well I'll 

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00:13:05,000 --> 00:13:08,000
let you know, any changes I'm 
making to this portfolio but you

278
00:13:08,000 --> 00:13:10,100
can sign up. 
Now, using one of the links in 

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00:13:10,100 --> 00:13:12,400
the pink comment below. 
Now, the next piece of news is 

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00:13:12,400 --> 00:13:14,700
House of dragon, just premiered 
last night. 

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00:13:14,700 --> 00:13:17,300
It was Sunday evening. 
And apparently, it was such a 

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00:13:17,300 --> 00:13:19,000
good Premier. 
There's so many millions of 

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people watching it that it 
actually had trouble streaming 

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specifically on the Fire TV 
devices. 

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00:13:24,600 --> 00:13:27,500
Now, I don't think this is any 
conspiracy theory for Amazon to 

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00:13:27,500 --> 00:13:31,100
try to punish their competition.
They are competing with House of

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00:13:31,100 --> 00:13:33,000
dragon, with their new series, 
Lord of the Rings. 

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00:13:33,400 --> 00:13:36,600
But Amazon does want people to 
enjoy using their devices and I 

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00:13:36,600 --> 00:13:39,400
really doubt that harm people's 
viewing of a competitive 

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00:13:39,400 --> 00:13:41,400
service. 
Now, my opinion when a series is

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00:13:41,400 --> 00:13:44,600
so popular that it crashes 
during the premiere, I look at 

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00:13:44,600 --> 00:13:46,600
that as a good thing. 
I don't really see this as a 

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00:13:46,608 --> 00:13:49,100
negative but investors in Warner
Brother Discovery. 

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00:13:49,100 --> 00:13:50,900
Don't seem to feel the same way 
today. 

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00:13:51,000 --> 00:13:52,700
It's selling off with the rest 
of the market. 

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00:13:52,700 --> 00:13:55,400
In fact, it's down five point 
three, nine percent. 

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00:13:55,700 --> 00:13:59,300
I think this is most likely 
unrelated, but it's interesting 

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00:13:59,300 --> 00:14:03,000
to see See that even during the 
premiere of such a key series or

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00:14:03,000 --> 00:14:05,300
the streaming service, it's 
still down five percent the 

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00:14:05,300 --> 00:14:07,500
following day. 
Now, having said that I haven't 

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00:14:07,500 --> 00:14:10,700
been very bullish on this 
company, I've been criticized 

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00:14:10,700 --> 00:14:13,400
about my view and my reaction to
their last earnings. 

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00:14:13,600 --> 00:14:16,300
People said that it was too 
short-sighted and I have to give

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00:14:16,300 --> 00:14:19,100
the company more time. 
That is true, maybe they can 

305
00:14:19,100 --> 00:14:22,300
improve things in the upcoming 
years, but as of right now, I 

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00:14:22,300 --> 00:14:25,000
see this company at risk of 
being a value trap. 

307
00:14:25,000 --> 00:14:28,400
They have a staggering amount of
debt, 51 billion. 

308
00:14:28,400 --> 00:14:31,900
Dollars of debt is a lot. 
And will take years and years to

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00:14:31,900 --> 00:14:35,300
get down to a normal level. 
They also have, in my opinion, a

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00:14:35,300 --> 00:14:38,100
very unclear path of how to 
monetize their service. 

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00:14:38,100 --> 00:14:40,200
And in my opinion, it's more 
risk in the most companies for 

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00:14:40,200 --> 00:14:42,200
being a value trap. 
So we'll see how Warner Brothers

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00:14:42,200 --> 00:14:45,000
Discovery does in the future and
I'll keep track of their future 

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00:14:45,000 --> 00:14:48,100
earnings report, but my guess is
this new show the house of 

315
00:14:48,100 --> 00:14:51,600
dragon is going to attract a lot
of incremental subscriber 

316
00:14:51,600 --> 00:14:53,200
growth. 
Now, moving on, we have to get 

317
00:14:53,200 --> 00:14:56,200
to the expert advice, on Tick 
Tock, this is where we really 

318
00:14:56,200 --> 00:15:00,500
get down to life-changing advice
that it's Call, and we can 

319
00:15:00,500 --> 00:15:02,900
implement the last tick. 
Tock advice, we went over was 

320
00:15:02,900 --> 00:15:05,500
how to have a productive day and
I thought that one was so 

321
00:15:05,500 --> 00:15:07,000
useful. 
We'd do it again. 

322
00:15:07,100 --> 00:15:11,000
This man here tells us how to be
financially set in just 10 

323
00:15:11,000 --> 00:15:13,600
years. 
I to properties a year every 

324
00:15:13,600 --> 00:15:16,100
year for the next ten years. 
Ten years from now. 

325
00:15:16,300 --> 00:15:18,900
You'll have 20 properties. 
You'll be set free for Life. 

326
00:15:19,000 --> 00:15:20,700
The advice is really that 
simple. 

327
00:15:20,700 --> 00:15:23,800
All you do is you buy two 
properties, a year every year, 

328
00:15:23,800 --> 00:15:26,900
for the next 10 years, and then 
10 years from now, you'll have 

329
00:15:26,900 --> 00:15:29,600
20 properties and you're set for
life. 

330
00:15:29,700 --> 00:15:31,300
Life. 
How could this get any simpler? 

331
00:15:31,300 --> 00:15:33,000
So let's look at implementing 
this advice. 

332
00:15:33,000 --> 00:15:35,900
We can assume that one property 
will cost us five hundred 

333
00:15:35,900 --> 00:15:39,200
thousand dollars and we can get 
a loan from the bank. 

334
00:15:39,200 --> 00:15:42,800
All they require as an investor 
is for you to have 20% to put 

335
00:15:42,800 --> 00:15:47,100
down, which 20% of 500,000 is 
around, a hundred thousand 

336
00:15:47,100 --> 00:15:49,100
dollars. 
Now to buy two of them, you'll 

337
00:15:49,100 --> 00:15:51,100
need to save two hundred 
thousand dollars. 

338
00:15:51,400 --> 00:15:54,200
So all you really have to do is 
to save two hundred thousand 

339
00:15:54,200 --> 00:15:58,900
dollars per year and invest it. 
And you should be set in ten 

340
00:15:58,900 --> 00:16:00,600
years. 
So it's really Just that simple 

341
00:16:00,600 --> 00:16:02,900
save up a couple hundred 
thousand dollars a year, post 

342
00:16:02,900 --> 00:16:06,500
tax invested in the real estate 
and in 10 years time, you'll be 

343
00:16:06,500 --> 00:16:08,300
set. 
Now that's all for this episode.

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00:16:08,400 --> 00:16:09,800
I'll see you in the next one.