Transcript Detail

Transcript #4083

Playback

Status: completed · Language: en · Source: Office Audio · Captured: 2026-05-18 14:43:58 · When the rate was 1%, house prices were going up like a rocket, and now the rate's 45% people get. It's stopped going up

Behnam

When the rate was 1%, house prices were going up like a rocket, and now the rate's 45% people get.

2026-05-18 14:43:59 - 2026-05-18 14:44:07
Behnam

It's stopped going up.

2026-05-18 14:44:08 - 2026-05-18 14:44:11
Behnam

Going up.

2026-05-18 14:44:12 - 2026-05-18 14:44:36
Behnam

Well...

2026-05-18 14:44:37 - 2026-05-18 14:44:38
Damoon

I did about just 1,000 different things from Revolut.

2026-05-18 14:44:38 - 2026-05-18 14:44:43
Damoon

I bought 1,000 from different things.

2026-05-18 14:44:43 - 2026-05-18 14:44:46
Behnam

Bitcoins or currency?

2026-05-18 14:44:47 - 2026-05-18 14:44:48
Damoon

No.

2026-05-18 14:44:50 - 2026-05-18 14:44:51
Damoon

No, I didn't do currencies online and stuff.

2026-05-18 14:44:51 - 2026-05-18 14:44:55
Damoon

No, I didn't do currencies online and stuff.

2026-05-18 14:44:55 - 2026-05-18 14:44:55
Damoon

No, I didn't do currencies online and stuff.

2026-05-18 14:44:55 - 2026-05-18 14:44:55
Damoon

That I did with my brother-in-law back home.

2026-05-18 14:44:55 - 2026-05-18 14:44:59
Damoon

No, I did just 100 pounds of few things, you know.

2026-05-18 14:45:02 - 2026-05-18 14:45:07
Damoon

Shares.

2026-05-18 14:45:08 - 2026-05-18 14:45:08
Damoon

Shares, stock.

2026-05-18 14:45:09 - 2026-05-18 14:45:10
Damoon

Yeah, shares obviously.

2026-05-18 14:45:11 - 2026-05-18 14:45:12
Damoon

But as I did few hundred, about 400 pound gold, that's gone down.

2026-05-18 14:45:17 - 2026-05-18 14:45:26
Behnam

And I didn't know the fees was quite high.

2026-05-18 14:45:26 - 2026-05-18 14:45:30
Damoon

It didn't go down much, but the fees.

2026-05-18 14:45:30 - 2026-05-18 14:45:33
Behnam

Yeah, yeah.

2026-05-18 14:45:34 - 2026-05-18 14:45:34
Damoon

Especially on Revolut.

2026-05-18 14:45:35 - 2026-05-18 14:45:36
Damoon

But it's not much, yeah.

2026-05-18 14:45:36 - 2026-05-18 14:45:36
Behnam

I mean, I don't know.

2026-05-18 14:45:37 - 2026-05-18 14:45:38
Behnam

I've never been interested in those things.

2026-05-18 14:45:38 - 2026-05-18 14:45:39
Behnam

When I had the chance, I wasn't going for those short-term things.

2026-05-18 14:45:39 - 2026-05-18 14:45:44
Behnam

I was going for trading funds and shares.

2026-05-18 14:45:44 - 2026-05-18 14:45:47
Behnam

And I did really well.

2026-05-18 14:45:47 - 2026-05-18 14:45:49
Behnam

But you have to expect to get it in like five to 10 years or even two years.

2026-05-18 14:45:49 - 2026-05-18 14:45:54
Behnam

Not like in a few months.

2026-05-18 14:45:54 - 2026-05-18 14:45:56
Damoon

No, I just, I never done like, just wanted to see how things working.

2026-05-18 14:46:01 - 2026-05-18 14:46:06
Damoon

I bought a basket of shares.

2026-05-18 14:46:08 - 2026-05-18 14:46:10
Damoon

It's overall, it didn't change at all.

2026-05-18 14:46:10 - 2026-05-18 14:46:13
Damoon

But some of them is gone up 20%.

2026-05-18 14:46:13 - 2026-05-18 14:46:15
Behnam

In 10 years, until two years ago, over 10 years, I would average about 20 to 24%.

2026-05-18 14:46:15 - 2026-05-18 14:46:21
Behnam

20, sometimes 20.

2026-05-18 14:46:21 - 2026-05-18 14:46:23
Behnam

Every year.

2026-05-18 14:46:23 - 2026-05-18 14:46:23
Behnam

Every year.

2026-05-18 14:46:23 - 2026-05-18 14:46:24
Behnam

In shares.

2026-05-18 14:46:24 - 2026-05-18 14:46:25
Behnam

And it's quite a lot.

2026-05-18 14:46:26 - 2026-05-18 14:46:27
Behnam

It is.

2026-05-18 14:46:28 - 2026-05-18 14:46:28
Behnam

Yeah.

2026-05-18 14:46:29 - 2026-05-18 14:46:29
Behnam

Yeah.

2026-05-18 14:46:29 - 2026-05-18 14:46:29
Behnam

When the rate was 2%.

2026-05-18 14:46:30 - 2026-05-18 14:46:32
Behnam

Yeah.

2026-05-18 14:46:32 - 2026-05-18 14:46:32
Behnam

And it's reasonably safe.

2026-05-18 14:46:32 - 2026-05-18 14:46:33
Behnam

Safe.

2026-05-18 14:46:34 - 2026-05-18 14:46:35
Behnam

It's not like buying gold or currency.

2026-05-18 14:46:35 - 2026-05-18 14:46:37
Behnam

It's shares and companies.

2026-05-18 14:46:37 - 2026-05-18 14:46:38
Behnam

You can see a long way before if it's going to be.

2026-05-18 14:46:38 - 2026-05-18 14:46:40
Damoon

But some of them suddenly drop.

2026-05-18 14:46:40 - 2026-05-18 14:46:41
Damoon

But the good one is long term is going up.

2026-05-18 14:46:41 - 2026-05-18 14:46:44
Behnam

Yeah.

2026-05-18 14:46:44 - 2026-05-18 14:46:45
Behnam

You bet.

2026-05-18 14:46:45 - 2026-05-18 14:46:45
Behnam

You support, to invest, you make a basket that spreads the risk across different sectors.

2026-05-18 14:46:45 - 2026-05-18 14:46:50
Behnam

Pharmaceuticals, energy, transport companies, you know.

2026-05-18 14:46:52 - 2026-05-18 14:46:55
Behnam

Then when one thing is up, the other one is down.

2026-05-18 14:46:55 - 2026-05-18 14:46:58
Behnam

Some is more risky.

2026-05-18 14:46:58 - 2026-05-18 14:46:59
Behnam

Technology over the last 10 years with all AI and stuff, like NVIDIA.

2026-05-18 14:46:59 - 2026-05-18 14:47:04
Behnam

NVIDIA is the most valuable company in the world.

2026-05-18 14:47:04 - 2026-05-18 14:47:08
Behnam

And it's gone up thousands of percent in the last 10 years.

2026-05-18 14:47:08 - 2026-05-18 14:47:11
Behnam

It's grown like rocket.

2026-05-18 14:47:11 - 2026-05-18 14:47:13
Behnam

Historic level.

2026-05-18 14:47:14 - 2026-05-18 14:47:15
Behnam

And it's the most valuable company in the world.

2026-05-18 14:47:15 - 2026-05-18 14:47:17
Behnam

And all they make is one thing.

2026-05-18 14:47:17 - 2026-05-18 14:47:18
Behnam

Microchips.

2026-05-18 14:47:19 - 2026-05-18 14:47:19
Behnam

Microchips.

2026-05-18 14:47:38 - 2026-05-18 14:47:38
Behnam

Just for the customer.

2026-05-18 14:47:39 - 2026-05-18 14:47:40
Behnam

The excitement about AI has made these grow.

2026-05-18 14:47:40 - 2026-05-18 14:47:44
Behnam

But they're massively overvalued really compared with how much they actually make.

2026-05-18 14:47:44 - 2026-05-18 14:47:50
Behnam

The AI software companies don't make any money.

2026-05-18 14:47:50 - 2026-05-18 14:47:53
Behnam

Deimantė Kavaliauskaitė Deimantė

2026-05-18 14:48:03 - 2026-05-18 14:48:08
Behnam

Deimantė Kavaliauskaitė Deimantė

2026-05-18 14:48:34 - 2026-05-18 14:48:38
Behnam

Deimantė Kavaliauskaitė Deimantė

2026-05-18 14:48:50 - 2026-05-18 14:48:54
Behnam

Deimantė Kavaliauskaitė

2026-05-18 14:48:54 - 2026-05-18 14:48:56
Behnam

Deimantė Kavaliauskaitė Deimantė Kavaliauskaitė

2026-05-18 14:48:56 - 2026-05-18 14:48:56

Diarization Windows

Behnam

2026-05-18 14:43:59 - 2026-05-18 14:44:08

Segment 1
Behnam

2026-05-18 14:44:10 - 2026-05-18 14:44:11

Segment 2
Damoon

2026-05-18 14:44:35 - 2026-05-18 14:44:36

Segment 3
Damoon

2026-05-18 14:44:37 - 2026-05-18 14:44:42

Segment 4
Damoon

2026-05-18 14:44:42 - 2026-05-18 14:44:43

Segment 5
Damoon

2026-05-18 14:44:43 - 2026-05-18 14:44:46

Segment 6
Behnam

2026-05-18 14:44:47 - 2026-05-18 14:44:51

Segment 7
Damoon

2026-05-18 14:44:48 - 2026-05-18 14:44:48

Segment 8
Damoon

2026-05-18 14:44:51 - 2026-05-18 14:45:00

Segment 9
Behnam

2026-05-18 14:44:52 - 2026-05-18 14:44:52

Segment 10
Damoon

2026-05-18 14:45:01 - 2026-05-18 14:45:02

Segment 11
Damoon

2026-05-18 14:45:03 - 2026-05-18 14:45:07

Segment 12
Damoon

2026-05-18 14:45:08 - 2026-05-18 14:45:09

Segment 13
Behnam

2026-05-18 14:45:08 - 2026-05-18 14:45:09

Segment 14
Damoon

2026-05-18 14:45:09 - 2026-05-18 14:45:13

Segment 15
Damoon

2026-05-18 14:45:15 - 2026-05-18 14:45:15

Segment 16
Damoon

2026-05-18 14:45:18 - 2026-05-18 14:45:19

Segment 17
Damoon

2026-05-18 14:45:20 - 2026-05-18 14:45:22

Segment 18
Damoon

2026-05-18 14:45:23 - 2026-05-18 14:45:28

Segment 19
Damoon

2026-05-18 14:45:29 - 2026-05-18 14:45:33

Segment 20
Behnam

2026-05-18 14:45:33 - 2026-05-18 14:45:34

Segment 21
Damoon

2026-05-18 14:45:34 - 2026-05-18 14:45:37

Segment 22
Behnam

2026-05-18 14:45:34 - 2026-05-18 14:45:36

Segment 23
Behnam

2026-05-18 14:45:37 - 2026-05-18 14:45:42

Segment 24
Behnam

2026-05-18 14:45:42 - 2026-05-18 14:45:45

Segment 25
Behnam

2026-05-18 14:45:46 - 2026-05-18 14:45:49

Segment 26
Behnam

2026-05-18 14:45:50 - 2026-05-18 14:45:56

Segment 27
Damoon

2026-05-18 14:46:02 - 2026-05-18 14:46:06

Segment 28
Damoon

2026-05-18 14:46:08 - 2026-05-18 14:46:16

Segment 29
Behnam

2026-05-18 14:46:09 - 2026-05-18 14:46:10

Segment 30
Behnam

2026-05-18 14:46:10 - 2026-05-18 14:46:11

Segment 31
Behnam

2026-05-18 14:46:16 - 2026-05-18 14:46:25

Segment 32
Damoon

2026-05-18 14:46:16 - 2026-05-18 14:46:17

Segment 33
Behnam

2026-05-18 14:46:27 - 2026-05-18 14:46:30

Segment 34
Behnam

2026-05-18 14:46:30 - 2026-05-18 14:46:34

Segment 35
Behnam

2026-05-18 14:46:35 - 2026-05-18 14:46:40

Segment 36
Damoon

2026-05-18 14:46:40 - 2026-05-18 14:46:44

Segment 37
Behnam

2026-05-18 14:46:44 - 2026-05-18 14:46:52

Segment 38
Behnam

2026-05-18 14:46:52 - 2026-05-18 14:47:03

Segment 39
Behnam

2026-05-18 14:47:03 - 2026-05-18 14:47:11

Segment 40
Damoon

2026-05-18 14:47:05 - 2026-05-18 14:47:05

Segment 41
Damoon

2026-05-18 14:47:07 - 2026-05-18 14:47:07

Segment 42
Behnam

2026-05-18 14:47:11 - 2026-05-18 14:47:13

Segment 43
Behnam

2026-05-18 14:47:14 - 2026-05-18 14:47:22

Segment 44
Behnam

2026-05-18 14:47:23 - 2026-05-18 14:47:24

Segment 45
Damoon

2026-05-18 14:47:24 - 2026-05-18 14:47:28

Segment 46
Damoon

2026-05-18 14:47:28 - 2026-05-18 14:47:32

Segment 47
Damoon

2026-05-18 14:47:32 - 2026-05-18 14:47:33

Segment 48
Behnam

2026-05-18 14:47:33 - 2026-05-18 14:47:44

Segment 49
Damoon

2026-05-18 14:47:38 - 2026-05-18 14:47:39

Segment 50
Damoon

2026-05-18 14:47:40 - 2026-05-18 14:47:41

Segment 51
Behnam

2026-05-18 14:47:45 - 2026-05-18 14:47:50

Segment 52
Behnam

2026-05-18 14:47:50 - 2026-05-18 14:47:53

Segment 53
Behnam

2026-05-18 14:47:54 - 2026-05-18 14:47:58

Segment 54
Behnam

2026-05-18 14:47:59 - 2026-05-18 14:48:01

Segment 55
Damoon

2026-05-18 14:48:00 - 2026-05-18 14:48:01

Segment 56
Behnam

2026-05-18 14:48:02 - 2026-05-18 14:48:04

Segment 57
Behnam

2026-05-18 14:48:05 - 2026-05-18 14:48:07

Segment 58
Behnam

2026-05-18 14:48:07 - 2026-05-18 14:48:09

Segment 59
Damoon

2026-05-18 14:48:09 - 2026-05-18 14:48:10

Segment 60
Behnam

2026-05-18 14:48:10 - 2026-05-18 14:48:10

Segment 61
Damoon

2026-05-18 14:48:10 - 2026-05-18 14:48:10

Segment 62
Behnam

2026-05-18 14:48:12 - 2026-05-18 14:48:16

Segment 63
Damoon

2026-05-18 14:48:16 - 2026-05-18 14:48:22

Segment 64
Damoon

2026-05-18 14:48:23 - 2026-05-18 14:48:23

Segment 65
Damoon

2026-05-18 14:48:24 - 2026-05-18 14:48:26

Segment 66
Damoon

2026-05-18 14:48:28 - 2026-05-18 14:48:28

Segment 67
Behnam

2026-05-18 14:48:29 - 2026-05-18 14:48:31

Segment 68
Behnam

2026-05-18 14:48:31 - 2026-05-18 14:48:33

Segment 69
Behnam

2026-05-18 14:48:34 - 2026-05-18 14:48:45

Segment 70
Behnam

2026-05-18 14:48:45 - 2026-05-18 14:48:47

Segment 71
Behnam

2026-05-18 14:48:48 - 2026-05-18 14:48:55

Segment 72
Behnam

2026-05-18 14:48:56 - 2026-05-18 14:48:56

Segment 73