Hubert Senters here. Let’s take a look at the headline here on CNBC. I think everybody knows how this works. Warren Buffett’s Berkshire Hathaway just made a fast $800 million on Snowflake’s surging IPO. Heads up, he didn’t mean anything yet. He has close out the trade. And there’s two different ways you can get in. Actually there’s three different ways you can get in this trade. You can be an angel investor. And you can invest the pennies on the dollars in Snowflake. And you get a better price than even Buffett would have. You can get Warren’s or you can get private placements. Those are the three main ways. Any of those three when it goes public. There’s couple of different ways you can make money. You can sell it to another investor. I know they’re angel investor before it goes public. After it goes public you usually have to hold it for 180 days. So the price he may make more than $800 million in 180 days so he can sell it there. It could go much lower. So when you see headlines like this Warren Buffett just made a fast $800 million he hasn’t made anything yet until he exits the trade. It’s just like if you have unrealized profits or unrealized losses it doesn’t matter until you close out the trade so just be careful. Now, my advise on the Snowflake IPO is just pass because it’s way too high. Just be careful. You probably get a severe discount over the next I would say three months. So just wait for a pullback. Nothing go straight up. Apple didn’t go straight up. Amazon didn’t go straight up. Zoom didn’t go straight up. Just show a little patience and a little discipline and it will probably reward you. Mark Helweg is going to be doing an oncore live webinar Friday at noon September 18th on ”How to Potentially Predict Big Swings in the Market Using Nature’s Own ”Golden Ratio.” I will HYPERLINK you to the registration page. Good luck. Hope it helps. See you on the next video. Hubert.