Dan Peña - Generation Snowflake: How To Man Up And Make Billions In The Trump Era Gold Rush

Full transcript: Dan Peña on London Real

6:03 This is London Real. I am Brian Rose. My guest today is Dan Peña, the American-born businessman, entrepreneur, mentor and creator of QLA, the Quantum Leap Advantage methodology, responsible for the creation of over 50 billion dollars of wealth since 1993. Born in the barrio of East LA, you now live in a storied 15th century castle in Scotland, and for the past 25 years you’ve been teaching your mentees and devotees a style of high-performance achieving and super success in business and all aspects of their life.

6:35 You were recently featured in the London Real original documentary film “The 50 Billion Dollar Man”, which tells the story of our complicated relationship over the past four years. Our conversations on London Real have been watched over 7 million times. Dan, welcome back to London. Thank you very much. Thank you for having me again.

6:51 It’s great to have you here. It’s been just over two years since you were last here. What has changed in this world, in your world, the QLA in the past two years? Well, first of all, your studio. I mean, it’s overwhelming.

7:04 I mean, there’s other than maybe this small room that we’re in, which is more or less what your total looked like from four years ago, but you changed and the world has changed visa vie President Trump. And 2016, about the last time that I was here, I predicted that when he was elected he was going to rock the financial world and it would never be the same. Now I don’t agree with everything Mr. President Trump says, but he has changed it, and even if he doesn’t get reelected, finance in London is different because of him.

7:43 We have the lowest interest rates in 5000 years, not because of him, but, and we are in the ninth year, arguably, of the second longest bull market in the history of the planet. Ninth year, in about five months it’ll be the longest and the interest rates are still rock bottom, so I don’t see anything changing short of some calamity, war with Russia, which President Trump is playing kissy-face with, even though it seems carrot and stick or something like that. For at the end, interest rates have got to go up, in my opinion, at least 500 basis points before it’s going to make a difference in the City, which is the financial district here, or Wall Street.

8:28 500 basis points, and the world has just changed. The other thing that’s changed is that the the kids, and I call you all kids, as you know, because I’m either old enough to be your father or grandfather, the kids are more aware of that. How information is almost instantaneous now. Even four years ago when I first was here, even though the internet was instantaneous, but now everybody, just as we were talking before we went on live, everybody and his dog is listening, watching their handheld device and things that happen that are bad are spread, they go viral, and I think they go more viral when something’s bad than when something’s good.

9:11 Like people like to chase, you know, a fire engine to see what it’s going, see what’s on fire. And currently with President Trump, he gives them a lot to watch because he’s president, but he’s a businessman and promoter first, and as you know, I knew him in a previous lifetime, many years ago. I haven’t talked to him in many, many years, and the but he, that has changed, and it’s part, the biggest change, just as an aside, as we spoke about at dinner the other night, who would have thought that a President of the United States would have been sitting down with a rocket man from North Korea under any set of circumstances, even though they pooh-poohed it, and maybe nothing’s going to come of it, but before everybody was too afraid, what if something happens or it doesn’t happen, what’s my legacy gonna be, because four, five presidents have had the chance to either meet with him or his father over the last 30, 40 years.

10:03 Or why couldn’t they? It’s not that they couldn’t, they didn’t want to, they didn’t want to, too scared of the repercussions of something going wrong or acting bad. Yeah, and they stopped playing to win and they start playing not to lose, right? Trump looks at the world as a businessman. Correct.

10:19 Which is unlike any president probably in fifteen hundred years or ever. And how does that mean he looks at the world differently? Apparently when he was in North Korea, he said, or at Singapore, he said, think of the beachfront property. Yes. And maybe the leader knows that and maybe he wants to meet with him, but like, what’s that like, looking through a businessman lens at negotiations, at thinking about a future of capital appreciation?

10:42 Well, it’s not dissimilar to QLA, and in fact there couldn’t be a better environment for QLA than a President Trump being in office, but you have to be willing to walk away. You have to be willing, and what were the first time that they canceled the summit in Singapore was called the takeaway. It’s a standard, the standard association, this is standard 101 negotiation. Taunt them first. Yeah.

11:07 And then if they don’t like it, walk toward the door and be willing to walk away. And the other presidents think, rightly or wrongly, there’s too many political ramifications to do that, you know, there’s NATO and this and that and the other thing, people uh, speaking of NATO, people have complained about NATO for 40, 50 years that they’re not, you know, it’s not effective, it’s not this, it’s not that, going back to Bosnia, et cetera. Well, Trump’s making them pay now, you know, instead of the U.S. paying a vast majority, and he goes out of his way to name two or three countries that pay their fair share, and there aren’t that many.

11:42 He’s playing hardball. He’s playing hardball. Are not used to it. I remember the Obama administration, Hillary Clinton at the time, she brought the reset button over to the Russians and said, pressing the reset button, they looked about as impressed as nobody I’ve ever seen. I mean, that’s not the way you do business, you know.

11:57 You go hard. And just like speaking of the Obama administration, when he drew the red line in the sand for Syria, this is, these things we will not allow and we will take action, i.e. gassing his own people, and within a few weeks he gassed and killed a bunch of his own people and we did nothing. Now I can guarantee that when, if and when Trump draws a red line, he’s going to do something about it. Now he’s had a waffle on the wall because Congress isn’t behind the wall, the of course I thought of a way to.

12:32 What do you think about the wall? Well, I’m a first-generation Mexican-American. My mother and grandmother swam across the Rio Grande River in 1924. My mother is a little 3, 4 year old and my grandmother is, I don’t know, 40-something. You’re a woman, and I think we should have the wall because the unfortunately there is collateral damage with any decision you make, but this collateral damage, and the old cheap cliche, you’ve got to break eggshells to make an omelet, but the and I have had relatives that were illegal, but I think the overwhelming good is that to keep drugs out.

13:09 And I’m somewhat sure that I would be called an isolationist, as a lot of people call Trump, but we have had isolationists in the past. Wilson, they want to get in World War One and they called him an isolationist. FDR didn’t want to get in World War Two, they called him isolationist. Ultimately we were drug into the war, unfortunately or fortunately, depending how you want to look at it. The United States is the leading power and they look to you for guidance and leadership, and in my opinion we haven’t gotten it in the previous two administrations under Obama, four and four.

13:43 We could have, the Bushes could have been stronger and Clinton could have been stronger, but Trump is trying to make up, and it’s difficult for 40 or 50 years of non-action, non-leadership in one term, and the, in my opinion hopefully you’ll get a second term. Will he be reelected? Oh, if he’s impeached, abso-f***in’-lutely. I knew he was going to get elected the first time because all the people I talked to, you know, around the cities that I post on my website, those 20, 30 minute talks, every single person almost said they would, uh, we’re gonna vote for Trump, but they were afraid to say it.

14:20 And this is you with your finger on the pulse. Correct. You traveled cities all around the world, right? And you meet with Joe Schmos. Correct.

14:27 I mean, they gotta have enough to get in the door, but you meet with people of all different types. Sure. And they told you in confidence that they wanted him in, they were gonna vote for him, if they were afraid to talk about it at work, some sons that still lived at home, which is too many of those, but that’s a whole other subject, into snowflakes afraid to tell their parents that they want to vote for Trump because the parents might not be Trump supporters.

14:51 But now it’s even stronger and now the people of easily the rallies that he’s having, they’re not afraid to say what the hell they think. And what about the porn stars and the infidelities and the payoffs? And they’re celebrating, they’re talking about all presidents for the last hundred years, the same. Kennedy builds a tunnel under the White House to get his hookers in and out. I mean, I go on and on on.

15:19 OK, but now it’s because of the iPhone, etc., everybody knows about it, and the people I present on when I was the last seminar and seminar before that, I said, is there any guy here that takes stands at the urinal, the P, they wouldn’t like to do the things that Trump said he’s done to these porn stars? Not one goddamn guy said no. One black guy said, I want to savagely, like an animal, that’s how guys think, and that’s why they’re letting him slide on her ass off, they don’t give a, OK, and that along to crush the next one.

15:59 OK, he’s gonna crush and that’s crazy. Nobody would have ever expected this a year ago. Never underestimate how wrong you can be, okay? I never thought I’d see this again, and now making money is better than the 80s, and they say my generation ripped the ass out of the world because of the 80s, and I was proud to be one of those that ripped it. But it’s good, it’s better this time around.

16:22 Talk about a bull market, ’cause a lot of these kids don’t know what the hell you’re talking about, Dan. The times have been good for the last nine and a half years. Look, I was on Wall Street, I saw interest rates go up and down, good times, bad times, cycled every five years, six years, seven years, a bear market, a lot of fun, right? Last time we saw it was a bad one, ’07, ’08, ’09. This has been bullish, the stock market’s up, interest rates low, unemployment low, Trump doing everything to make that keep going.

16:46 And you always say, like, what are you gonna say to your grandkids later in life when they say, Grandpa, what did you do in the great bull market of the 2020s? Other than have your thumb up your ass and think about it. So what should people at least know what it is? Well, a bull market is stock prices generally across the board, all indices, which describes what we have today, going up not at the historic rate of six, seven percent, which if you invested your money 20 years ago when the Dow hit twenty-five thousand the first time, four, five months ago, twenty years ago would have been 2008-ish, you would have doubled your money by five months ago, which is about six point seven eight or seven percent per year, okay?

17:37 And but so what? So if you had a million dollars in the market, I know a million dollars sounds a lot to a lot of people, you had two million dollars, well adjusted for inflation, that doesn’t mean, because adjusted for inflation you didn’t get that seven percent, you got maybe even negative, depending on what you want to rate inflation at. A bull market is housing prices continue to rise, commodity prices continue to rise, virtually, interest rates stay low or relatively low, but interest rates, as I said, and hourly, can go up at least another two or three hundred percent, or two or three hundred basis points, which means two or three percent, and it’s not going to affect anything right now.

18:19 I’ve got kids right now that are financing deals in Europe at two, two point six, two and plus seven percent. If your deal doesn’t make money paying two and a half percent, I mean, you should blow your brains out, and my lawyers say metaphorically speaking, of course. I would never want anybody to take their own life, so I wouldn’t really don’t want you to offer yourself. But I mean, I mean, so this is an unprecedented capital and go and make your mark on this world.

18:50 Of course you’ve got to go out and do this deal, you’ve got to find it, you’ve got to pitch it, you’ve got to do some graft, which is what you kind of teach, but you got to go out and do it on your own, right? Correct. No one’s gonna pay you this big salary or whatever just because it’s in the bull market all the way of disgusting. Or QLA is free on my website. Remember, 99.9% of everybody that has benefited from QLA, Quantum Leap Advantage, is, I’ve never met.

19:14 And yeah, when I was in the Netherlands a few days ago speaking, I asked the audience of a few hundred, and about 30 or 35 percent of them, a third roughly, had heard about me, okay? And I know, I don’t know these people, you know, and but now the other two-thirds I have heard about me, but it’s free, and and as I told you several years ago, I decided to take the last excuse away from the kids that I don’t know how to do it, and then since I last talked to you last year we published a thing called QLA for Dummies. If you’re brain-dead, I don’t mean in a real brain-dead way, but I mean if you just slow and stupid, we got QLA for Dummies, and yet they still email the website, the webmaster, oh, I see those things, but where do I start?

20:06 In I pipe a number one is where you start, then go to number two, number three. Some people, most people in my judgement, don’t really want to be successful if it takes any sacrifice whatsoever, even the guys that make it to your castle. Correct. Folk over the 20 grand. Correct.

20:24 Even they don’t want to be successful well, once they think, or once they see what it costs and human resources, five bad, that ain’t for me. We have a 40 percent dropout rate the first year, and we had two people, well one got thrown out and one left the seminar this last seminar. Yeah, talk about, okay, and I want to talk about that. I want to talk about what you’ve been doing the last two years at universities. Let me finish up with Trump.

20:54 Is he gonna meet with Putin? Yeah, I think so. Okay. And so he’s playing that, starting to play that poker game now, but has been playing it for a year or two years. Yeah, he’s gonna get reelected in your opinion?

21:04 Yeah. What people are asking me, when is Dan Peña, you’re going to Washington? I would go if I was asked in the second term. Okay, if asked I would serve. Okay, and that’s it.

21:17 You’re not good. I’d like to be, I probably make a better Secretary of Treasury from my background, but I’d like to be Secretary of Defense and but if Mad Dog Mattis is still there, that’s fine, but in the III, I believe, I know I’d be a better Secretary of Church, because I understand, you know, I understand business 101 like the president does. And the but a lot of politicians are afraid of me. A lot of the, you know, although our Joe Rogan was nice enough to have me on the show, but a lot of the big guys that have millions of followers are afraid of what I might do.

21:51 Yes, I have choked people, I have done like that, but I’m done a long, long time. But if somebody sits at mind, like I smack him right on the screen, I don’t give a, what are they gonna do to me? What are they gonna do? Yep. Well, I’m tougher than 99% of them, so what are they gonna do, take my money?

22:08 They can’t take my money. So what are you gonna do to me? The but I mean, the guys like you that have big followings have big responsibilities, like I told you at dinner the other night. I mean the end, and the guys that have the millions of followers do have responsibilities, but as you well know, I’m the only guy out there that’s giving it all away free. When a so-and-so has a sale on Valentine’s Day, fifty percent off, what was it worth the day before Valentine’s?

22:39 All, and so you argue you got no book, you got no courses, you got the seminar. Yeah, I do. Besides that, you’re one of the few people up there that are getting up and talking without an agenda to solve. Yeah, and I talked for free when I was in the Netherlands a couple days ago. They were stunned that I was out, and I said, I’m here for, I’m here for free as a favor to Michael, and I mean, I thought that the chief Dutchman, we’re all going to have over their pants.

23:03 Why do you do this for free, Dan? Because it’s the best way, and this is a good segue into universities, it’s the best way that I found to get my message out, and I don’t need the money. And why is your message important? Because I think as a race, or Homo sapiens, is through the Brahmins had their day, the Egyptians had their day, the Athenians had their day, we’ve had our day, we’re on the decline, and I believe with all my heart, although Elon Musk never told me anything about this, I’ve never met Elon Musk, he knows it’s over because he wants to be on the ship to Mars and either die on the way to Mars or die on Mars.

23:42 You want to go with him? Yeah, I’d go in a heartbeat. Don’t you want to stay here and make this planet? No, no, I mean I want, that’s why I give anything for free. You don’t need me, okay?

23:55 But you want this planet financially I want to create wealth, generational wealth, because it’s possible, just like I did and just like I’ve taught. You know, for our 25th anniversary, which just happened a few weeks ago, we’ve run statistics and stuff, and I clearly underestimated the impact that I’ve had, okay? We’ve touched at least one to three million people, okay? And this is only based on response we get in, so it may be more. I mean, through London Real you’ve probably touched exactly, but I mean so, and we’ve created at least a million millionaires, a million or two million half-millionaires, the, we have, of course, we have the biggest deal in recorded history with Klaus Kleinfeld, five hundred billion dollar NEOM, the which is now going to be about 2.7 trillion dollars because the IMF and the World Bank and former mentee of yours, a former CEO of Alcoa.

25:00 Correct. And I was building the city in the desert which will be the Dubai of Saudi Arabia that’s no bigger, it’s 25,000 square kilometres of the next century city, the city for the 22nd or 23rd century. When you’re gonna change your name to the trillion-dollar man? Well, I just had some clothes made that say 50 billion dollar man in my pinstripes, so I know as soon as I had those made clothes, there’s a 500 billion dollar deal. But I’m happy, Klaus, that you did it though.

25:32 But the we have, as I told you I think at dinner, we’re closing in on a trillion dollars, so I need, I want one or two more big hitters, which I told you some of the guys have gotten back to me to do for my former mentees didn’t allow me to use their name, that they would consider using their name now. I figure you get there, probably more likely, they are correct now, now you know we don’t stand out so much, right? And so in the next few months I’m gonna make it a point to meet with these guys, and if they say yes, then I will, I’m gonna be the trillion dollar man, okay?

26:11 It doesn’t flow as well, but maybe I’ll get you. No, no, no. Yeah, yeah, I’m kind of used to 50 billion on my. So let me ask you a question. Elon Musk says he wants to get the hell off of this planet and die either on Mars or on the way to Mars, because he looks at this planet and he looks at the human race and he says that we’re you are going out of your way, you’re spending, you know, you last 25, 50 years on this earth, whatever it is, go travel in the world on your own time.

26:36 Correct. I’m getting thrown out of universities, getting never asked back to universities trying to get these people to be high-performance people. Do you want them to make this world a better place too? No, no, I’m selfish too. No, I’m selfish to yourself.

26:50 I want to be known as the greatest that ever lived high performance coach, okay? And I know that will have an impact, but see, QLA isn’t for everyone. Our market is less than about seven, eight hundred thousand people, one thousandth of a percent are willing to make these sacrifices in my opinion. And so I want to be known, so when the Martians come down, whoever, and they go through the archives of YouTube and they say, who is this psychopath, this old man who lives in a castle and so the disciples teams make the world better.

27:24 Did Moses, that Christ did, Buddha did. Argue, yeah, maybe. Yeah, okay, so I’m happy to be in that category, maybe. Okay, did they create any wealth? No.

27:35 Did they create knowledge? Yes. Well, I’m creating wealth and knowledge, but my knowledge is very a pinpoint, pinpointed, all the almost all the arrows in my quiver are visa vie creating generational wealth, and in the last two or three years we’ve gotten a higher percentage, a good bit of it is because of Trump, okay? Because the the coffers, not just because they’re moving businesses back to the United States, they’re making loans more, that I mean I talked to senior bankers, I’ve got to get five billion dollars out the door, they’re all mystic, they’re optimistic, and they feel they feel like Trump will protect them.

28:13 Kur, and he will, and he will, he will, he will, maybe, I don’t know if you can protect people to a fault. I know when you have kids, as you do now, I mean you can protect his to a fault. Of course, that’s why we have snowflakes, because they’ve led a bubble-wrap life. I want to get into the snowflakes because we weren’t talking about snowflakes two years ago, and we can get into you predicting my kids happening and all that other stuff. So all right, so the final thing, and so is it possible that you teach these high performers to go out there and create generational wealth, is it possible that they at the same time can do that while saving the planet?

28:45 And the long stands here. Yep, make the money first and then save the planet with the money that you made, okay? But you don’t have a problem saving the planet? No, no, I don’t. I the odds are very low, I’m an optimist, but the odds are very low and we are past it, we just are.

29:00 I mean the worst of all, even with all of your high performers out there. Oh, yeah, but I you know, let’s say that I’ve got it one or two or three million the high performers out there, there’s almost 8 billion people now. Yeah, but they scale these. Yeah, well, yeah, they scale, but I mean the, I’m eternal optimist, but again, first I want to be known as the greatest that ever lived, and if they save the world in addition to that, Allah be with him, and I get to take a lot of heat about saying that all the time now, because now they say, what do you really mean, are you a Muslim now?

29:32 And even if I was, you I mean, but I’m not, but I say that, I say Buddha, Allah, cover all the bases now. And the but they can, but the silly weenies now, you know, I don’t know if I told you at dinner, we’re not into snowflakes yet, okay? Yeah, how about finished with this earth thing here, okay, and then we’ll go that. So you’re a fan and yeah, we’re gonna talk about global warming. Yeah, yeah, okay, okay, because I’ve done some stats since we got to talk about global warming, because at the movie premiere we had a Q&A afterwards and I mean the whole place nearly turned into a riot, which is pretty standard for you.

30:05 Burn the place down, people walked out, and of course you talked about global warming, that clip went crazy viral as well, watched millions and millions of times. I want to talk about it, but before we get on the global warming, you’re not against saving the planet? Yeah. And you know, you’re not against being nice to animals? Oh no, I’d rather be nice to animals and save the planet, okay?

30:28 Okay, right, which is weird. Yeah, and you might even want it. So okay, so you’re not, you’re not, again, just because you don’t believe in global warming doesn’t mean you’d not be thinking about the animals. No, no, no, no, no. I, you want the planet to survive?

30:39 No, I went, well, the animals could survive without the humans, I’d want that first. You love the, yeah, with at a time in my life a few decades ago, I left all my money when I had my first trust set up to prevention for cruelty to animals, and the lawyer said, you know, Dan, you’re only 30-something, I mean you’re gonna change your mind, and I did, so now we only have a portion, and but animals are abused. I mean, people are abused and it’s awful, but I, to me it’s worse when you abuse animals because they have no recourse, are they a little recourse?

31:12 And so that you believe in that? Oh yeah. And this is after you got back from the safari in Botswana and shot all those animals, and I watched that video footage last week and you lined up like about 12 or 14 animals over your 15 day thing and yet all these corpses, and at some point you said, I don’t want to do the same. Now it took a little bit after that, okay, and it wasn’t because shortly after that I got run over by the Buffalo, and that didn’t change my mind.

31:38 Shortly thereafter I had opportunities to kill big male lions, I mean from here to that wall, and I didn’t, and then I had a couple other incidences where I shoot him anymore, and then I went to couldn’t, you know, I just I looked, I saw, I saw in their eye like, what the, why are you doing this? They didn’t say it, but that’s the feeling that got, and so then I stopped. Hmm. And so you do have a heart. Yeah, well yeah, it’s in there someplace.

32:11 The so you believe in saving the animals, what about the plants, what about all that stuff? I’m not, I’m not into that as much. Okay, all right, I just had to clear the soccer. So the high performers, the wealth creation, but if they can do that and save the animals, you might be okay with that scenario. Okay, let’s talk about global warming then, I want to get to the snowflakes.

32:31 Okay, we were on stage and a woman got up and asked you a question, I thought, global warming, and you went on to explain why you don’t believe in it. You said you changed, you know, you said you got some new evidence recently. Yeah. What happened that night? Okay, why did that clip go viral?

32:46 The lady said, I have children, and you got a few bucks, and don’t you want, I want to leave the world a better place for my kids, essentially what you write in. You had a question. Yeah, it’s fine, you know, yeah, I’d like my children very much, but I realize it’s up to them, it’s not up to me. See, I’m here one, I said what’s multipliers in the world? Yeah, but I don’t have a VI when I’m, but it’s up to the individual.

33:10 I can give you all the information, but if you don’t pull the trigger and take action. So getting back to the lady, and I said then I went through my story, which is not a story. Sally and I are in the South, South Pole, 2011, and we’re there and there’s a big half a billion dollar scientific station there that’s mostly funded by the US government, and the scientist came over, give us presentations, and they had at that time they had drilled five or six or seven thousand cores in the South Pole.

33:39 Not many people realize the South Pole’s on a mountaintop, you’re up about twelve, thirteen, fourteen thousand feet, so a lot of people suffer from oxygen deprivation. Didn’t bother Sally and I. And so he’s going through these cores and then he says, in fifty-five thousand years ago it was 21.96 degrees warmer Celsius than today. In it that stops us of the loop, let’s go back to that. How do you know that?

34:01 And then all these MIT Tec, all he’s got all was that because of their Z equals, and we know from absolutely within a millionth of a percent it was warmer, but no one’s denying, no, no, no way, okay? And so I so and just we all know it’s cyclical. Yeah, you know it’s cyclic, okay, and then what about global warming? Everybody laughs all at the same time. It’s a load of, I mean, we could have predicted this global warming a hundred years before, but nobody did, because nobody figured out a way to make any money out of it, okay?

34:32 But when people talk about global or they’re talking about the human being accelerated version of the warming, no, no, no, no, no, no, no, they say it has nothing to do with a hairspray, the ozone, nothing, zero. In fact, if you read Scientific American like a good MIT guy you are, you would have known three months ago they said for the first time in 40 years the ozone what he called is thickened up again. Yeah, the ozone has, but that’s a little different than carbon dioxide emissions.

34:59 And they also said that we’ve known for at least 50, 60, 70 years that every square meter on the ground on the planet has between ten and fifteen thousand times more energy from the Sun than is needed. Ten to fifteen thousand, how does it vary? You’re closer to the Sun, it’s fifteen thousand, farther from the Sun, ten thousand. Okay, okay, let me know, there’s tons of energy on the, tons and tons and tons, okay. The first electric car was in 1846, I believe.

35:29 I don’t believe, I know, 1846. Do you think if we really wanted electric cars we couldn’t have them? It was thirty-five or forty years before gasoline cars, but now since then, and then the question, Sally, I went to the North Pole, okay, got me a car thing is because the oil business and all that, right? I’ll get back to that. Back, so then we go to the North Pole, and now there’s Russian scientists, hardly anybody spoke English, okay, and we’ve got remarried at the North Pole, and we talked to the scientists, and same questions, same answers as we got from the South Pole, and then a little bit warmer.

36:05 They all laughed, bringing both go, everybody’s drinking when in the North Pole, the Russians, and Russians, do you like to drink vodka, as they say, and they’re saying, yeah, just a load of, everybody knows it’s a load of, and we know for years, when I was in the energy business and forevermore, I’m beyond oil man, okay? You are Noel man, oh man, everybody let everybody knew that when people will take more seriously global warming is when Aramco, Saudi the kingdom, runs out of oil. Now two years ago Aramco, which is a petroleum company of the Saudi government, and how they’re gonna go public, this is when oil was $28 a barrel.

36:48 Now why would smart guys, MIT kind of guys, say they’re gonna go public at the lowest oil price in the last 30, 40 years? Why, why? Hmm. Because when you go public and they’re gonna sell it, they wouldn’t sell 2 percent of the company off. When they go public they have to report a reserve report, publish a reserve report, which means that for the first time in the history since they discovered oil, there, J.

37:18 Paul Getty discovered oil they’re about 70, 80 years ago, they’re gonna know about plus or minus 10% how much oil Saudis really have. Now I’m here to tell you they have hundreds of trillions of barrels. They are never going to run out of oil in your children’s lifetime. Now they’ve now pulled back and they’ve changed three times the date of the public offering, three times in the last two years. Now if 2019 looks good, but maybe, maybe not, will it, the market dictate, of course.

37:58 Oil is up from 25, 26 dollars a barrel up to 65 is more or less, and the they don’t want to publish that number if they don’t have to. The price, I hear the price, the where the lines cross, supply and demand for Aramco, 47 or 50 dollars a barrel, stabilized over two, three, four, five years, not one day, okay? So I don’t see one, they’re going to go public because if they do, they’re going to have to tell what the reserves are, and you know what the price of oil is going to do when they say that there’s 42 kazillion jillion barrels of oil?

38:34 Gonna drop like a stone. And so what does this have to do with the global warming? No, I’m because global warming is a, an anomaly based on, hyped up by this generation for something to about. We’ve had it, we had a 55,000 years ago, we had a 300,000 years ago, but to blame it on us is isn’t it not accelerated by humans 100 millionth of a percent, who cares? So this is just a scam and a sham, and all I’m jealous of Vice President what’s-his-face Gore.

39:12 Gore, I’m jealous, and Sally and I were on a plane with him a few years ago. He got in trouble because of the footprint, you know, the big G3 he flies around, or G5 I guess it is, and so he was a flying commercial, we’re coming back from Peru, Lima, and Salomon are down there and some safari, and I noticed, why are these guys with suits and your business cuz they had no first class, and so it’s President, Vice President Gore, he stands up and the and he’s not, it’s tough, you know, all these people that say there’s six, three, I mean Jesus Christ, I mean he’s about your height and you know everyone forty-six one, he’s only six when he’s, about everyone says I’m as tall as you. Yeah, I’ll tell you, I’m a 6-1, okay, I’m not sick.

39:52 No, no, okay, okay, and so does Gore believe in climate change or is it all made up? I don’t know, I can’t speak for the former Vice President, but he’s got to know the same stats I know. Now since then, since the thing went viral because of your movie premiere, I had my crack staff do some research, and then I double-checked the research. We found one here, and the, you know how many people have been to the North and South Pole both since the beginning of time, recorded time?

40:31 Come on, Drew, just you and said no, no, no, no, I’m not counting the teams, but the lead people, ten people plus Sally and I, 12 since the beginning of time. You know how many of those other ten are bitching about global warming? Zero. I can’t wait, I was supposed to be on a panel at George Mason University last March, first it was going to be a talk, I could talk about anything, and then it wasn’t, there was a panel, and then they wouldn’t let me film it, so then I dropped out, but I was hoping global warming would come up.

41:16 And so you’re saying because you were at the South and you were at the North, I mean it doesn’t make you an expert. No, no, but I talk to the experts, okay? These journalists are writing about this, never talk to dick, and talk to anybody, nobody’s asked me what I saw there, nobody asked me, the solid scientists that I met with. Yeah, ten plus Sally and I, and Sally and I are bipolar, and Trump doesn’t buy it either. No, he says it’s a load of, he wishes he thought of it too, like I do.

41:47 All right, God, no, I mean of course, why is he so, I do a device made with that smart, but I guess he is. Why is this such a divisive issue? Why? Because it’s the world, the media is getting more liberal, the media’s been liberal for a long, long time, but I mean it’s more evident when you listen to CNN, which I do, you listen to BBC, you listen to Al Jazeera, and you listen to Fox, it’s like four different worlds, five different worlds, it doesn’t even sound like the same place.

42:15 I believe that the news that I get from Al Jazeera, which is an Arabic station but is more probably online, visa vie what’s happening in the Middle East, okay, they’re biased pro Middle East is not as strong as the anti-bias from everybody else, and if you listen to CNN, I mean CNN is just like, I mean, it’s unbelievable, they have nothing good to say, even you know, whether all the statistical analysis is, most of statistics, interest rates, housing starts, more blacks employed in America in history, and the they don’t even talk about it, they didn’t talk, they talk about him grabbing some, which every net living and even priests and rabbis, what should they, I’d grab the so just being judgmental, incorrect, and we’re not being fair and honest, and that’s why he’s gonna get reelected.

43:07 Correct. He’s gonna toss him Jenner. I know the next president. Who’s that? My man Rick Scott, the current governor of the state of Florida, where I was born.

43:18 He’s currently running for the Senate in his last year as governor, and he is gonna be the next president of the United States, 2024. Yes, sir. And then you’re going to watch, oh yeah, and you made him a billionaire? Yes, I’ve made teenage multi-millionaires, 17, 18, 19. The audience, what were you doing other than jacking off at 17, 18, 19?

43:45 Nothing. And the biggest deal in recorded history, 500 billion, and then the President of the United States of America, doesn’t get much better, and that’s better than sex. Secretary of Defense, aka secretary, now I go for Rick, I’d go up in any position, VP, yeah, that’s, yeah, and then Trump is laying the way for you to come in, media footprint. Yeah, I mean it just, it can’t get any better. You know that I just had my blood labs, what do they call when they take all your tests?

44:20 Yeah, yeah, the blood work. Yeah, 73, right, I’ll be 73 in a few weeks, okay, but came back 30, I’m 30 years old, and I told you at dinner, testosterone, three to six, seven hundred is considered okay, better 703, hundred, okay, even Dave Asprey, our good friend, says that it’s alright, seven, eight hundred, what’s the best camera to look at in the, I am, okay, 18 hundred, this man, 18 hundred, they never saw that high on anybody, on a fifteen-year-old kid with a 12-inch hard-on. Why is that?

45:02 You’re just unstoppable, your high performance, like I told you, I tell the kids, the kids are talking, a lot of kids come because can’t get there, Willie wet, their weenie wet, right, then I can’t get laid, okay, so I said if you don’t thinking, and then what they, you know, they premature which is called premature jacket, when you can, you come right away, whatever it’s called. Anyway, if you don’t think you can on like guys, you will not be able to all night. It’s that simple, it’s up here.

45:29 And that’s what you’re teaching these kids, correct? It’s not just business. No. Okay. How to stand up, a guy had a pair, which gets us in to the snowflake.

45:39 Oh, you hadn’t used that word two years ago. No, I didn’t. What’s a snowflake? A snowflake is a kid, a guy or gal, mostly guys, they melt under pressure, as opposed to what they tell me, you know, God, every snowflake is different, Mr. P, you know, there’s not one snowflake that’s the same as the other, that cut trillions and trillions into it.

46:00 I said, yes, that’s correct, that’s correct, and it says, and so we deserve to be here, just like. No, that’s not correct. In your opinion, snowflakes melt under pressure. I gave you a couple stats at dinner, I’m a same again, they’re worth repeating. In 1986 the average man’s handshake pressure was 118 pounds, thirty-year-old man, I forgot to put the age, 118 pounds.

46:26 2016, 96 pounds. A woman, 1986 was 105 pounds, today 110 pounds. 110 pounds. Testosterone levels in sperm counts tested 50 years ago, and today they’re producing 60 to 70 percent the amount of testosterone levels and sperm counts as they did. We’re dying out.

46:58 Why? The liberal media? Now it’s not the liberal media. I mean the, I think World War Two had a lot of positive effects on us. I’m a product of that generation, the greatest generation they call it, because they can, but it’s like talking to the Japanese now, they’re deathly afraid of everything, which is the war, what they did.

47:20 The Germans, Merkel, God love her, I mean, is supporting the EU because of what I call German guilt, okay? Everybody’s scared to death of what might happen, and so they want to come across as your friend, they don’t want, they don’t want people to say bad things about you, they don’t want to say because Neville Chamberlain could have stopped Hitler eighty years ago, and so now we’re overreacting. So the rubber band has been, now it’s gone back to you much the other way, and it’s just unbelievably the, my dad, you know, I’m going, I’m glad he’s not alive to see this, he wouldn’t believe it.

48:02 Tell us about your dad. Well, he died at 91, and he drank a lot, he smoked five, six packs of cigarettes for 60, 65 years, and his older brother who never had a drink and never smoked lived three, two years and nine months longer, so my dad’s theory would have been, or is, that you know, I had a much more full life, but he’s the reason I, I’m not tough, tough, but he’s the reason I’m tough, and Sally and I went to a couple of funerals in the last few years and the guys that knew me, that knew Dad, and they still talk about him like it was a hard pass any, and I remember one of my friends, Waltzes, and he carried a gun even in retirement, which he did. We went to a 70-year-old, 70 year birthday party of the baby’s sister, one of my best friends, a few months ago, and there were a bunch of women in there that were in their 90s, one was almost a hundred, who remembered me, and of course, even though they said I was an angel, because when you get old you must black out memories or early onset dementia, but, and they talked about my dad and what a rough guy he was.

49:12 What was he like? He was hard, it was just hard. His dad died three months before he was born, so he didn’t have a dad, so he served in two wars, Second World War and Korean War, and he said the military made a man out of me, and so we’re gonna raise you the military. When I went off to boot camp, volunteered for the draft in ’66, 1966, not 1866, I told these guys, this is nothing, you should have lived in my house. Guys were crying, you know, in their bunks, because they were hard.

49:43 In those days they used to beat you, cause now somebody with an iPhone, you know, they sue the Army for eighty jillion dollars. But your dad had already raised you, he was already, and he was an alpha guy. Absolutely, and he was a pretty scary guy, and well, anyway, everybody can look that stuff, my dad, Manny Peña, assassin, CIA assassin, right? And so he built you into the opposite of the snowflake. Correct.

50:06 But there’s no man he’s around anymore, there’s not many of you around. No, now I’m a dying breed, I in that regard, and I told you at dinner I have a 13th rib, I have one rib more than ever human beings have. Of course you do. Yeah, let’s throw back to Neanderthal, okay, and the I completely forgot about, though just recently I was preparing for my talk that I gave recently, and again I’m certain, yeah, 13th rib, and it’s, well, there’s other things about it, it’s the rib that Adam gave to, even though this I forget all that, but it is a throwback to, you know, human beings, Homo sapiens, 60, 70, 80 thousand years ago, so I have an extra guy.

50:48 So you’re here with your rib to fight back against the snowflake trend, because the more snowflakes we have, the less that’s the possibility of the world making it, okay? Would you want the earth? Oh yeah, I do. And it’s like my snowflake test, you know, the first question, paraphrasing it, by the way, who have ninety-five point four percent of everybody, the many thousands and tens of thousands who’ve taken the tests are, and I don’t mean bagina pot, I mean cowards.

51:17 First question on the test, paraphrasing it, what would you do if somebody can’t spit in your wife’s face? And the answers range from, well, I try to ascertain what kind of day he was having, and if he had a bad day, I tried to be understanding. Are you me? I’d be in prison for murder. I would beat the guy to death, or if I couldn’t beat him to death, I’d find somebody in a pipe to beat him to death.

51:47 Is that what we need today? No, no, I’m not saying that’s me though, okay? You will, you come where I come from, the barrio, you spit in a guy’s mother’s face, you are dead, man. I mean, and you’d like to see more of that? And no, I, right now we’re way over at this end, okay, you don’t have to come all the way to my end, and the but I mean that’s awful, I mean, and then there’s twenty-two, twenty-three questions, and they’re just there, it’s foreign to me that people would answer a question, I would try to ascertain what kind of day he was having.

52:29 What the, does that have to do with spitting in your wife’s face or your mother’s face? All right, so you’re trying to do these men and women, get him to stand up, get him to go out, face, they know there’s snowflakes, and that’s why they come to me, because they think I’m the alpha male dad they never had. They say during private time, I’m a, I don’t want to be a, how can I change? My dad was a, I mean my mom, I hear my great-grandfather wasn’t, he was a Airborne Ranger in World War Two, I hear, but he was dead already.

52:59 You know, Ram, no male role models when I was growing up, my dad’s five or six best buddies were all tough guys, so I didn’t see anything different. I didn’t see anything different, they were all just, you know, III told us it’s not a story, my cousin, God, God loved him, he went to jail for being involved in stabbing a guy 17 times because somebody said your girlfriend’s got a fat ass, looks like pigs in a gunnysack. He stabbed them 17 times, only by the grace of God he couldn’t stab it right and the guy didn’t die.

53:42 That’s where you come from, okay? And you’re not advocating, no, you’re not at all, go back to that electrum, but I am advocating, advocating that the guys act like they had a pair, okay? And is it true that you’re gonna start a boxing portion of the QLA? Told you in confidence, just another rat-ass journalist, AIBO 8, there’s other QLA grads that are doing box select, right, okay, correct. I’m innocent.

54:10 The we had a QLA, a mentee, a snowflake admittedly, a Brit who had his first fight, professional boxing match, about a month ago, three weeks ago, against another snowflake, and they stopped in the second round because my snowflake was pummeling and bloodied him and knocked him down over the other snowflake, but the, and it was, they have these clubs to get there’s a decent afflict or unsafe later, you know what I mean, there’s a club and outside Paris, you know, that I have a slide where I show a guy, he goes once a month to get lashed a hundred times, lashed. I’ve seen that. Okay, that’s right, for real, I don’t they say, how do I not be a, I said, well, don’t hang around with, God, just because you all you go to the same meetings, I mean you are who you hang around with, and the go to a biker bar and go spit in the guy’s face.

55:10 I got snowflakes, I want to be in bar front, bar fights, okay, so they know what they need to. Yeah, but and I say, you know, in the movies when they break a bar stool over you, it’s different than when they really break a bar stool. I’ve been hit with a bar stool, you don’t get up, you’re down, that’s it, the fight’s over, and we’ve got a guys on the Hall of Fame that have made two, three hundred million bucks that I want to be in a barroom fight in there, six percent, 8 percent this, you know, body fat, kung fu, this dawn, that dawn, it’s a bit, it’s a big difference when somebody’s hitting you with a bar stool.

55:46 I mean, I don’t give a, you know, unless you’re Bruce Lee, when I was a kid, I had a big mouth and crazy. Unless you’re Bruce Lee or got a knife and know how to use it, you’re gonna get hurt. All right, so you’re not condoning that, but not like people to stop with the snowflake behavior. Let’s talk about the universities and your and your shock and awe tactics and scorched-earth speeches, which we got a little bit of that at the premiere, and your universities, while universities, and why do you go in there trying to give it so large that they don’t invite you back?

56:19 I’ve never heard of that policy. Yeah, well, the new talk, and it, I got the idea originally two years ago in Oxford, was kind enough to ask me to speak, and I came up with a new title, Wealth Risk/Reward, not the old wealth, the risk/reward formula doesn’t work anymore. That’s why they’re not, and because basically the system, educational system, whether it’s at a junior high or high school level or university level, it doesn’t teach you how to deal in the world, you know, it doesn’t teach how to buy businesses, sell businesses, any leadership skills whatsoever.

56:53 So I’ve given about eleven or twelve of them now and I’m never going to get asked back to any of the schools, and they kind of know that, but somebody on the board or in the student body wants it to shake up the audience. Like when I was at University of Toronto, who’s arguably a top twenty school worldwide, they told me I should bring security, and Peterson, or Jordan, here he’s there? No, he’s there. Okay, he’s there. What do you think of him?

57:24 He’s kind of anti. So yeah, well, no, no, I agree with a lot of what he says. I don’t agree with why we, the men, are now like he, he has a more ascertainable or understandable reason why they are, and it doesn’t date back to, you know, World War Two, that your dad was a superhero. But a Toronto, I bring her, I brought a cricket bat, I said that, you know, and they asked me finally, well, why do you have that cricket bat, Mr. Peña?

57:54 That’s my security, because they told me how to be worried about you kids. And they all laughed, about three, five hundred fifty-four other people, and so but then one of the kids in the front row, he said, well, I don’t get it, it was always none of them got it. I jumped down off the stage with the cricket bat and I said, you’re not going to rush me, because the first five or six people I’m going to decapitate with that thing, and you don’t know what each one of those five or six, although 350 people couldn’t easily overpower me.

58:23 Then they got it. They don’t even understand that I brought it because I was going to hit him with it. What the, I asked the audience’s now, how many have you ever been in a fight, fistfight, on school or off-campus? 2%. I asked how many of you have been disciplined, verbally disciplined by your parents?

58:48 70, 80 percent. How many have been physically disciplined? That same 2%. So I’m here to say that you have not been in a fight when you’re in the fifth grade, eighth grade, ninth grade, and that’s important. That’s why we have snowflakes, okay, ’cause they haven’t had physical challenges, they have to stand up for what they’re around, and you know what the men are doing now, they’re doing what, jujitsu, I like martial.

59:18 Now what you just finished? Oh, what, oh, Spartan, Ironman races, correct, okay, is our attempt to regain, correct, and it, without stealing the thunder from Spartan man, the Cena, he has a similar opinion and haven’t had ten, eleven Iron guys through the seminar now and they’re the ones I double time was good time. Thank you, Kay. You like my Ironman race? Yeah, well, I would have liked it if you’ve done an hour less, but I realized at your age that would have been probably a world’s record or something, but no, no, I was, but I double-checked with some of the guys.

1:00:02 Yeah, that’s how old is he? He’s just 47, issue something like that. Yeah, yeah, it’s a decent time. Yeah, but that’s why these things have become so popular, and that’s why martial arts have become so popular, okay? But what one of the one of the things just and is we’re exploring out, we got to explore all the legal reasons, all the legal ramifications, is having a graduation fisticuff at the seminar, and the light, the life, like the old guys of Wrestlemania, everybody in the ring and only one survivor, and you’re in there too.

1:00:39 Of course I’m in there too. You’re gonna take all comers? Yeah, believe me, even the guys that I’ve got, I’ve got a young guy, he’s not so young, he’s maybe a little younger than you, he is a beast, he’s a big tough guy, and you know, Michael, if you’re listening, I’m not worried, believe me. Right, so you think this is a critical component of stepping up, being a man or being an alpha woman, we’ve missed it, and you think the physical is important. You’re going to these universities, and the women say it’s important, okay?

1:01:07 Women say when their husbands come back from the seminar, never had better sex, he acts like a man now, he just, he disciplines our children like a man, like a father should, instead of turning it over to me. 75% of the power brokers in the family are the wives. Interesting. Okay, because we’ve gone too far. Okay, what’s it like talking to universities?

1:01:29 You try, you leave people crying, you go big, and yet she had a kid at the University of Florida recently that tried a, yeah, young journal, not, but now we find out through reading blogs, my crack staff, that this was a setup, he planned on doing this from the beginning. What happened? He, I was, I got through my talk and we opened it up to the Q&A. Where was this? University of Florida.

1:01:50 Okay, okay, and Gainesville, and the, of course I was born in Jacksonville, Florida, not too far away, and so he got up, and he was about the seventh or eighth person to ask a question, and he said, about, first of all, Mr. Peña from Colombia, go where? And he says Colombia, South America. I’m a journalist and journalism major, and I said, yeah, and he says for my research, I basically said I was a fraud, and Great Western ever happened and JFK never happened and these things didn’t happen, which not true, but anyway, and so I listened to him finish his question, then I walked over and I said, well, that’s about all you’re gonna say, because I’m before I snap your neck, and I walked over to him and it wasn’t such a big deal, meat wrestling the microphone away from him.

1:02:38 I weigh at least 100 pounds more than he did, but then I handed over the mic to the moderator, okay, who did nothing, a girl, young girl, I didn’t expect it, but then the audience went berserk, and I said that they said, get him out, throw him out, throw him out, these guys, and there’s a few big guys there, and they said no, he said, now you hit me, he’s not asking me because I’d already stepped back, he asked some of the bigger and a couple of big, I said, yeah, yeah, I think we should, I said no, no, and so I said, well, it’s obviously discretion being the better part of valor, I’m gonna leave this situation because that’s the last thing I need, and then they really went berserk because I was leaving and not answering the rest of the questions, and so the police came and escorted me out, but one of the cops, a lady cop, said, you know, Mr.

1:03:21 Peña, we have no, we have no authority if you step outside that door into the lobby and you can finish out there. I said, I should thank you, young lady. So that’s what I did, I stepped outside. Now did you give that guy respect for doing that, or was that a snowflake move? No, it no, it was no, I don’t, I didn’t give me any respect for that, I mean the and in, if it was pre-iPhone I would hit him, I’m sure, would he’d know it, him, okay?

1:03:53 And then I would have been, because I’m sure I’d have been in jail, you know, because the but I’m 72, nine, I didn’t hit him because I’m sitting not 72, I to him because it wasn’t the right thing to do, and I wanted to see what the moderator was going to do. If I had been the moderator, the school official, that would have been all over, we were to escorted that kid out, but they decided not to, and they knew that I was friends of Rick Scott, their governor, they knew all that, and you know, maybe they did the right thing, I don’t know, but now it’s, he’s selling online that little snippet, what you can get for free on YouTube, and then there was another guy doing the YouTube who just published it maybe the last month that saw it, shows some of the aftermath, and he’s selling a book on fear confrontation or something as a journalist for seven bucks online.

1:04:48 All right, there’s a few people out. All right, so this is standard for universities, you’re going out there, you’re doing the shock and awe, you’re letting them know, you’re trying to get them at the source, correct? You’re trying to with these kids. Yeah. And the fascinating about you at QLA is your demographic has dropped by like ten years, right?

1:05:06 It used to be a bunch of old guys coming to the castle, it used to be 35 to 55, right, and now it’s 15 to 35. I mean, nobody has their business demographic change that rapidly over the course of 10 years. Yeah, I mean, and with the kid, well, the kids realize that the system’s bust, the kids have the ability to make money online now and come up with the money. We do, we do give students discounts, but not all the kids are students in the, and we still give military discounts and they realize things are up, you know, we have graduate students, they’re the reason why I’m going to graduate school, can’t get a job, okay?

1:05:47 But the days of working for a company for 40 years and then getting a gold pocket watch are done, they’ve been done a long, long time, but they’re not teaching, in my opinion, the right things, but they haven’t been teaching the right things. You know, I think back when I taught Arizona State University and a couple other schools, the, I never got asked back again because I questioned their, what they were teaching then, but now the, got canceled, never got down to Bristol University, they cancelled the day before or the Friday before the Monday, the, I was supposed to speak at Harrow, where Churchill went, the boys’ school, got cancelled the day before because they find a YouTube video and they said now we’re not dealing with, oh, there’s somebody at the Chancellor level said no, there’s more downside than upside, although that hero they were gonna give me a dinner, sponsor dinner for me, and that got cancelled obviously, and the this is your plan to reach more kids and reach them closer to the tree, correct?

1:06:51 Okay. Correct. Those are the people that are seeking you out anyway, correct. A QLA Quran. You’ve got star pupils, I think the one that got kid’s name is Josh, who’s, I, him making millions of dollars.

1:07:00 Brett, he’s 20, he’s 20 and Kenny was 17. How does that work? I mean, and what happens when you show your 30, 40, 50, 60 year old guys and women there that this kid did it? Well, the guys in the seminar see their people online, they think that he’s not a real person, Josh, he’s, I got him from central casting, I hired, you know, this kid, which is not true, and the, and if Josh were, you know, here, he’d tell you, you know, he didn’t know, he was home-schooled, he never went to school.

1:07:37 His accomplishment, which I can appreciate being a Boy Scout at one time, was in he was an Eagle Scout, and he came to me, he’s 19 now, his mom’s about to have a 10th baby, she’s a child psychologist who read the book by Spock, as we took, and find out later his father is a graduate of West Point, and we’ve now met and had dinner with him because I had to meet him, but his parents did all the stuff that should have been done with all the other kids but didn’t. I mean, he, I mean, he has little or no baggage, and most people do. Oh, big time, and the older you are, the more baggage you have.

1:08:15 Explain that, because, okay, Peter, you were telling everybody in the room that their parents messed them up. They did, you know, we’re not trying to be too religious, but if Homo sapien is going to continue and procreate, the most important thing is for us to extend the species, okay? It’s the least trained thing that we know how to do. Our parents didn’t know how to train, when I say our I mean collectively, didn’t know how to train a high-performance person, unless your dad was an Olympian or something like that.

1:08:45 I was close because my dad was an all-American athlete who served in two wars, so he didn’t know he was using those principles, but he was, and but the younger you are, Josh Kim is a extremely talented kid, extremely bright, but with little or no baggage. We’ve got other kids, you know, multi-millionaire teenagers that are now in their early 20s, and they always say, Dan, I’m not a teenager anymore, I’m 21. 21, well to us 19 is no different than 21, right?

1:09:21 It’s the same. But when I was in Krakow and Poland last year giving a speech, I, one of my mentees, she went to this school there, who made a million euros last year, million euros, and I said, which is a lot of money, and still a student, and I said, Jan, would you please stand up? And he stood up, and there’s about 250, 300 students, and I said, in my exaggeration always says, I know, I made a million euros last year and I’m thankful. The Q&A, he’s been in seminar twice, and when the seminar is over, not one single person, not one single student, when tapped, they even talk to him.

1:10:06 Not one single student, that’s the truth, they don’t want it. When I talked at Oxford and I talked about my guy has made four or five hundred million, an Oxford from 20 years ago, nobody even asked me his name, he wasn’t in the audience, no one even asked me his name, which college he went to at Oxford, etc. They want to come for the show and then they don’t want to do anything about it, they like hearing the story, but it’s at Oxford, one of the students who actually came to the seminar, I had read 700 books, and one of my mentees said, who would you rather have, somebody to read 700 books or had done 700 deals?

1:10:52 And I mean there’s no question. And the and now I stopped counting at a thousand, so I’ve got, you know, there’s tons and tons and tons of deals. A lot of people watching of us have watched, have read 700 books. Oh yeah, absolutely, wrong with that, but it’s like the, remember the chart that you said that linked it all together for you, all the dots? Use knowledge, it all the, okay, okay, as in the movie, all the knowledge, yeah, and then connecting the dots is experience.

1:11:22 One of the great things for somebody that’s been around 50 years doing this like myself is to date artificial intelligence has not figured out a way to write an algorithm for experience, and I’m told by the big artificial intelligence guy they’re never going to be able to do that. That’s why humans will always have a place. Well, you can’t find anybody, or not too many people, have more experience than I do, and when you go with the model, the true model, I’m the reason why we call it QLA, Quantum Leap Advantage, it’s gonna be like you’re walking into a bank without a gun and without a mask and taking money, in a good way, not taking, but showing them the data and the information, because it’s all presentation, you know, you only have one time to make a first impression.

1:12:10 The first impression is how you look, the second impression is when you open your mouth, and most people don’t have the right communication skills. But getting back to Josh, may have tons and tons of kids that are just question, it’s just question is he gonna be a billionaire? Oh, he’s, you know, and I tell him, my Josh, while watching, he’s really got a something, my big time my fears, he’s gonna fall in love. Mmm. So I told him to use hookers.

1:12:44 Explain that place. No emotional involvement, but then the guys even fall in love with the hookers. Wheelers, wheelers, reelers, wheelers that have come to the seminar, go out and try hookers, and then they fall in love with him. So let me just get this straight, you say that they should focus on business, understand, and not getting involved in a relationship. Correct, because a relationship is gonna take them off track from being correct on business.

1:13:08 Correct. Okay, you made it sound better than I say, but you’re right. So because when people come back from your seminar, a lot of them in marriages and relationships, because these guys and women are on a new track, and their relationships are gonna hold them down, pull most people are married for the wrong reason, most people have kids for the wrong reason. I can prove to the audience at least half of you are by accident, not because you’re six years of poor wave or nine years or whatever, I can prove to you, and you go back and you ask your parents, you will be gobsmacked, you will be overwhelmed, yeah, you won’t, don’t won’t know whether to or go blind when your parents tell you and ask your mom, yeah, you weren’t planned, I forgot to take the pill.

1:13:53 All right, whatever, you’re what does that mean that your parents don’t want to be, because you’ve known it and they’ve raised you like that, okay, and you know it, Brian, I mean medicine, Brian, Brian, but maybe Brian. So just to finish up with the hookers point, you’re telling these kids and these the kids, mentees, to stay focused on the business, correct, and don’t get caught up in a relationship, so just get the prostitutes involved. Correct. How does that go over?

1:14:17 Oh, like a turd in a punchbowl. Told Josh’s mom’s, yeah, I mean Josh’s mom loved me until I said that, but you stick by it? I stick by it, I know I, I see the results, and you know, no matter how done too much of a sacrifice, well that’s not for, well not for, no, no, for some it is, but if you want it more than, who’s the, the be-bop black motivational guy? Oh, I’ve had on there, Thomas the hip, yeah, preacher, if you want success more than you want air in your lungs, then it’s not too much of a sacrifice, okay.

1:14:50 It being a weird way that makes sense. Then tell me about the scorched earth policy, when you go into that university, you never want them back, whenever you were at our premiere Q&A, I mean you were scorching the earth, people didn’t want, they’ve been walking out, but you know, this this new media strategy for you? No, no, I’m, but I try to get on the Howard Stern Show recently, the and it was shock jock, which I think he’s called. Yeah, means barrio bad boy, apparently, you know, I am, Howard, I wouldn’t slap here, I might choke you, Howard, but I didn’t workout, it’s all right, I’m not on the show, okay.

1:15:28 They want you on? No, well I’m, well apparently not though, you know, we’ll get in touch, well you know we’ll get back to you, that kind of, so the I want them to know, it’s like when I tell people, and this is published, not just because it’s an Google, Elon Musk’s favorite word is every third or fourth word in the sentence is now, am I the only white, black, yellow or purple man that knows that? It’s common knowledge, why doesn’t anybody talk about it?

1:16:05 Why? It’s just like everybody’s, and the president is any, oh, got prostitutes in the way, because it’s not politically correct, and people know that careers can be damaged by talking about things like that. I mean, all the guys, Cook, there, who’s the CEO of Apple, right, Cook? Yeah, Tim Cook. Yeah, he just did an article, op-ed or some, that’s not Mr.

1:16:32 Cook, I mean, but you write a lot of stuff, words the effect, he starts at 4:30 on Sunday morning, Sunday morning, not Monday morning, sending out emails so he can get him ready for seven o’clock sales meeting. He has Friday night sales meetings starting at nine o’clock, that’s what I used to do. Now if you’ve got another life and you’re taking your lovely wife out to dinner or whatever it is, right, and you’re getting ready, you’re getting dressed, through, and you get a phone call, we’ve got a meeting, wheels up thirty minutes.

1:17:15 There’s a great article about Amazon and Bezos written about a year or a year and a half ago about Amabots, I think they call them, people. 80 hours to keep your job a week, 85 hours to be considered for promotion, just for the last six months, 90 hours to be in the top 10% for promotion. This is what it takes to be a high performer, and they all think that, but nobody says it and nobody teaches it, and other people teaching, a lot of people know what I know.

1:17:48 I can name you a hundred guys that know what I do and can do it as good as I do or better, but not one teaching it, and none of the books that have ever been written, short of The Art of the Deal, was the closest, that was written thirty years ago, and all he’s doing is following The Art of the Deal and being president. So if anybody says that they didn’t know what the hell he was going to do, what are you, blind? All the guys I know and I’ve had the privilege of being around are all the same, hard as nails.

1:18:24 They call me soft in that group. If I’d have been in the IT business, they said you would have been the first trillionaire on the planet, Dan. Nobody grew at 67,000 percent, nobody since the beginning of time. The most successful hedge fund, private equity, since the beginning of time has grown to the fraction of that you’re talking about. Your Cofa Western, yeah, I’m track, eight hundred twenty bucks into five hundred, four hundred fifty million, and all these guys in the Valley, Buzz, those Gates, Jobs were all the same way, nasty, dollars, well even harder, maybe, God rest his soul, but I mean he was even harder.

1:19:06 And you’re just trying to tell people to wake up and realize that this is what they have to be if they want to get what they want. No, if you want to be all you can be, okay, the man’s greatest burden is unfulfilled potential. Man’s greatest burden, you’re gonna have regrets when you’re 80 or 90, 100, and I’m 125, you know, and you know how I get now a lot, why didn’t you make me? I’ve been doing this 25 years now, I’m on my second generation of kids now.

1:19:34 The one thing that my dad says is, you know, he should have come earlier, and why didn’t Mr. Peña even make me? I just got an email from a big hitter, why weren’t you harder on us? And back in the 90s I was twisting, stealing Panther piss, I mean I was a lot harder than I am now, and in those days I used physical stuff, hit people at the castle, correct, knocked him out of their chairs, not one complaint, not one lawsuit, and now they wish you would have pushed him harder, and that’s the group that wishes that I had pushed him harder.

1:20:09 Bezos has something he calls the regret minimization, correct, plan, correct, and so everything he does he keeps, he measures by how he’s gonna feel about it on his deathbed, correct, and you are thinking the same thing, you said that your biggest mistake was not making your own goals big enough. I have three regrets. One, first on my list, is I’m a, I’m a combat-trained military infantry officer who never saw combat. This is the way broke to on my mother, the day before my mother died, I’m screaming at the castle, I’m screaming at her, Mom, you’re not sick, you’re not gonna die, stop being a, and I walk out the room, next morning she’s dead.

1:20:47 And number three, I didn’t set my goals high enough. Cofa Western, QLA, everything. Yeah, yeah, and in the last year was the best year of my professional career, QLA and me personally, since 1984, since 1993 for QLA and since 1977 for me personally, other than going public, who I made a hundred million pounds in about a half of a microsecond. But I’m making money. Yeah, oh I mean, we last year we just money, we had more editions of the Hall of Fame, the, I mean we just, we had more deals, average size of the deals are up, I mean everything’s just not perfect, but in the goals for this year, and of course we had the 500 billion dollar deal, we had Josh Kim, the multi-millionaire teenager.

1:21:45 But you still wish you would put your own high standards even higher? Yes. And that should be a lesson to anybody following QLA, correct, from afar or near, is that if Dan Peña’s goals weren’t big enough, what are yours like? Correct, correct. And the barrio bad boy to think that we’re closing in on a trillion dollars, that’s big.

1:22:06 Did you know that back in the day, all right, I didn’t know how many zeros was a million. I tell the story, it’s not a story, to choose, I’m at the officers’ club in Germany, a 22 year old second lieutenant, I just turned 22, and guys buying drinks, why is John buying drinks for everybody? He just inherited a million four hundred thousand dollars. I know, how much was that look like? And so on a napkin some captain wrote that’s the first time I consciously ever saw a million dollars or more written on a piece of paper, two commas, and I said, well, let’s drink up.

1:22:47 And then a few months later I got a big award from the United States Army Europe, which is part of NATO, I came up with some IBM idea how to save three million dollars a year, it was just, and in those days you used punch cards, and I came up with a night, just by accident I came up with, and so I got an award, and the the award I got was a fifty dollar war bond that was worth $6.75, but if I kept it thirty years it would be worth 50 bucks. So I’m at the bar in the officers’ club, a two-star general would Ravana standing here, one-star general who I report it to at a bird’s standing here, and General Vaughn said, you know, Dan, Danny, and in those days, Danny, if you were out in the real world, the business world, you could probably get rich. And I swear to you, a light bulb went off over my head.

1:23:35 I was out of the Army in six months. He was right, he was right. I mean, and quite frankly it’s easy, it’s for me it’s like taking candy from a baby. I don’t mean that in a negative way, because I get a lot of about that. I mean, baby, no, you’re taking candy from babies, why would you take candy from babies, Daniel?

1:23:57 Oh, that, what’s the world coming to, you can’t say that. So making money is easy, but being a high-performance person is hard. It’s it’s harder to stay on top than get to the top, and I’ve been on top of my game a long time, but I mean there’s always something else, and of course I missed the internet, I missed social media until you, God forbid that hand. Yeah, I mean I would have found some way in there. Yeah, well, the, an hour, most of the, many of the big social media guys are afraid to have me on the show, the you might embarrass them or say something I like.

1:24:32 You might punch him? I might punch you. I’m not worried about you punching me, okay. Well, that’s not likely, I’m going to punch you, but the kinds of questions they, and when they went away he’s see my speech, the University, I don’t give it to them because I don’t send it ahead, ahead of time, the because who says I’m gonna say those words anyway. Yeah, you told me that guys come to your castle and they don’t believe you used to be poor.

1:24:57 Yeah, yeah, they can’t even see it, so they see you as the guy in the castle, and yeah, he’s the guy with the castle, like how they don’t believe the pictures of me standing in the body, or they think it is all, but it’s important that they know that, right, because then they can know they can do it. Correct, the correct. And some of the people that come to the castle to say they’re poor aren’t poor by my standards, I mean, I mean as Sally would say, they live in the lap of luxury.

1:25:21 The and the Andrew Carnegie, one of his precepts, well, his first precept before rules of success, financial motive must prevail and the other three don’t count. I’m gonna say it again for the other, financial motive must prevail and he said that about 1870, and he’s from Scotland, and the other three don’t count, but he said that the worst thing you can, the best thing you can do is be born into poverty, the worst thing you can do is have your children born into wealth, and you did both? Yep, I did both.

1:25:58 And my kids, they’re spoiled, but not spoiled bad, bad, but I mean they, you know, we had money ever since they can remember, they don’t remember anything other than the castle, although we took our daughter to Edinburgh a few weeks ago when she was visiting us and she had never been in the big Rolls Sally gave me for my birthday, and she, yeah, I couldn’t, she first time I’ve been in this car, and I said, well, this is how the Queen goes, honey, and I waved it some people as we drove by, but yeah, they just, it’s their house, that’s where they were raised. Who’s gonna take over QLA when you’re gone? I have no, I’m not passing the baton.

1:26:36 Why not? Isn’t that the most, the worst reproductive strategy ever? No, that’s because that’s why I’m producing so much free content. I mean, but without you can’t cure it, really, there isn’t anybody even remotely close to me. There’s some guy, I’ve said Bruce Whipple knows QLA as well as anybody, but he’s not, he’s not me, and he’s very supportive of my Ironman, by the way.

1:27:01 Oh yeah. Okay, he’s got some experiences, oh yeah, yeah he does, and the, he doesn’t want the job, nobody wants this job, what he wants, it’s a hard job there. It is deal with morons all the time. Oh, how do you deal with all the morons? Well, one, you know, what’s his name, Adenauer, the former mayor of Berlin, said the, there’s two keys to success in old age: one, thick skin, two, bad memory, and a cardinal I admire.

1:27:29 And I have extremely thick skin, it takes a lot to hurt me, and emotionally hurting me is almost impossible, other than for my kids, I’m weakest around them, they wouldn’t agree to that, but and the I enjoy winning, and the seeing is just insignificant, seeing kids that should have rolled down the inside of their mother’s leg or been a miscarriage make 10 million dollars is a high like you wouldn’t believe. You loved it? Oh, that’s why you do it? Yeah, I’m selfish, it’s like a drug, you know.

1:28:07 The and I’m getting better and better and better, if based on results I’m getting better and better and better, because the results are better, better, better, and President Trump has helped me with the economy, but if I could get 10 million people follow QLA while Trump is president, of 10 million people I would create at least a million billionaires, at least, because it’s out there, God knows, we just have odd trillion in wealth. Yeah, and we just had a kid a few months ago did the best deal I’ve seen in 20 years, and he’s from a country, a third world, former Iron Curtain country, they said QLA was impossible, impossible, not possible. His previous job he was, he wrote government grant papers for kids that were trying to get the money to do study, graduate work, etc.

1:29:04 He was 36 years old, well-educated, and he just, he closed in February, I guess it was, the largest healthcare deal in that country, and he has a hundred doctors and he’s got this big infrastructure, and what the guys that are doing done the most deals, they say, come back and they say, boy, you were not overestimating the fact, running them as a, running them is harder, and that’s why you bring in professional managers and don’t worry about giving away equity. I mean, otherwise you’re never gonna get to be a Microsoft or see Microsoft or a Colombian healthcare, like with Governor Scott, he gave away a lot of equity, when they threw him out, when the Justice Department threw him out, he had about two percent of the company left after all the dilutions, which was still enough for a billion dollars plus.

1:30:01 Right, and that’s what you teach with QLA, less control, give away equity, stop running so short-sighted and selfish. Correct. Right, how’s London Real doing? How am I doing this? You’re doing better than the last time I was here.

1:30:17 You’re in, knew you’ve taken a risk, both emotional, emotional risk is more important for me to see than the financial risk. What emotional rescue, I mean you worry about, you know, overhead and you worry about numbers and you worry because you know you got to make money to pay these people, are you gonna pay them out of your own pocket? There’s all, there’s only one or two methods, right, unless you figured out a third one, did you can share with me off camera.

1:30:42 Oh, that’s a big risk, and I had a friend engineer and I don’t know how many spreadsheets or if any spreadsheets did you did when you decided to come here? Oh, I think I did. Okay, well that’s good, and you’ve added additional financial models to monetize your base, which is great. The as I told you at dinner the other night, there’s yet another derivative of this and where you can do two things at once, not only help these kids like I know you want to, but create generational wealth for yourself.

1:31:18 A lot of these kids already think you have generational wealth. I’m not gonna spoil that myth, but the, what you do is hard, I mean I know it’s hard, and the and I told you about the wacko that we had, and why one of the reasons he went off the deep end, which is directly related to you. Yeah, you had somebody had to throw out of the castle, correct, recently, the police came and, yeah, YouTube was actually quite impressed by the way you handled it. Yeah, and but, yeah, we have, we’ve had, well he, but we actually had three certifiable wackos there, he was the least wacko, the other two were quiet like church mice, they and they were potentially lethal, but they were five didn’t do anything.

1:32:08 And you got no backup there when you had to throw them? Oh, when actually Sally ultimately dragged him down the stairs and shoved them at the front door, because when he came to our bedroom at one o’clock in the morning I was gonna throw him off the balcony, and you know where my bedroom is, and she said no, she got in between this, and she starts pushing him in and took him down the stairs, and I just stood there and watched him, but screaming and yelling like you wouldn’t believe at 1:00 in the morning. Why don’t know, there were six men that were within earshot, doors all around, correct, way, only one guy came out and he’s the one that filmed it, okay.

1:32:45 The other five I can’t answer for the other five, and now then we found out afterwards he had been to a lady doctor’s room and knocked on her door that night, and I didn’t find out until the police took him away, and she didn’t tell me about it till after, sack and a a couple from Vietnamese couple that lived in the U.S., up in the cottage, he had gone actually in the cottage and the husband apparently handled just right and nothing bad happened, and but you know, I can see, you know, somebody gets shot in the street and people just walk over him, you know, I wouldn’t do that, but I just, it’s unbelievable. And then when I told him that he’s waiting at the Edinburgh Airport for all of you, which is what he said, I make it up, he said to the rest of students, he was waiting at the airport for them, for them because he knew they were going to be coming through, and he was, he was gonna murder him, and especially had derogatory things to say about the black guys, I was gonna suck their eyes out of their head, okay, and all three black guys are bigger than me, young six-pack pill-popping, you know, wait, you make fun of those guys and what happened?

1:34:00 They were scared. Well, they saw, I saw fear, you know, they suffered, I saw fear. And the guy that went out thought he was doing a good deed filming him when he said I’m gonna murder you and throw you over the balcony took his phone away from him and that I took that when I got up, I took the phone back. Oh, give me the phone back, and so but the one good, and this is what people are worried about, the one goody two-shoes, good doer, could have gotten killed, and that’s what the, maybe given the benefit of the doubt, the other six guys are concerned about, because the excuse that the snowflakes give me why they scores as such, well I’m a, I’m a, I don’t want to get involved with the police and I don’t want this, and I said, what is doing right have anything to do with getting involved with the police, you worm?

1:34:45 And that’s excuse to use, and I mean it’s a legitimate excuse, it’s gonna be in court having to give testimony and all this, but I mean, Jesus Christ, when you see evil you’ve got to do something about it, you’ve got to step up, just like Neville Chamberlain didn’t, and look what it cost us, what, 25 million lives. You’re gonna keep doing these seminars? I’m gonna do them anyway, I’m gonna do for a while this year, that crazy. Yeah, that’s a six and one hardcore, hardcore, these are seven days and the whole course, ten or twelve, right?

1:35:18 Ten, okay, and yeah, and the I plan a seven, I plan a 75th birthday in a couple years which will be along the same lines, we’re gonna screen the attendance, while there are some people that shouldn’t have been there, I know it’s me. No, no, no, no, but I mean we don’t need to be bring hookers and like that that happening. Yeah, yeah, I was the probably human, oh yeah, my daughter says, Daddy, Daddy, are those prostitutes? You can only dodge the question so many times, I said, well, I don’t know, she says, well, they look like a, Daddy, and I said, well, well, maybe they are, I don’t know, your students.

1:35:58 Yeah, right, so would it be a big gala affair? Yeah, okay, another black-tie deal. I got two young boys, yep, and I said, you predicted this. I predicted it, yes I did, because I was childless when I came to the castle, correct, so I have the you to thank for these sons. Well, and you’re welcome, and they’re handsome little boys, and they grow up fast, but the kids do not do what you tell them to do, they do what they see you and their mother do.

1:36:27 If I learned anything about parenthood is, I, you know, I saw what my dad did, and I saw what my mom did, and the, and kids, it’s, you know, I can make him CEO of these startups, but I can’t make the people respect you, and that’s why leadership is so important, and that’s another part of the snowflake syndrome, is they have little or no leadership skills. Of course nobody teaches leadership. We had a guy, and Tom, close your ears, we had a Annapolis guy actually, he’s just getting out of AC, current military officer, and it’s been a long time since we had somebody in the class that had that many leadership skills, but that’s what he does.

1:37:10 I mean, so Sally says you shouldn’t be that surprised, but I am, because they don’t come to you. The military guys are normally the ones that have the most, not normally, almost always have the most leadership skills, but that’s what they’re taught. So I need to be a good leader as a parent, how do I make sure I don’t raise a couple snowflakes? Read the book, your book, the Spock. No, not Dr.

1:37:31 Spock, okay, and I mean I agree with, and he was liberal and I still recommend the book, he was anti-Vietnam War, but up, but I mean as far as the steps of raising the kids, he was spot on, he was spot on, of course I believe his son committed suicide. That says a lot. Yeah, it’s not easy being the child of a high-performance person, I mean super high-performance, super wrecky recognition and that kind of thing. Like your kids had enough of you and a lot of this?

1:38:04 Yeah, my daughter says these people must be crazy, didn’t want to come, and you know when I, you know, when they want me to adopt them and like that, they see these people have a death wish, they don’t realize what it was like being there seven days a week, 365 a year, under the thumb, and it was hard, you know, I don’t make excuses. Oh, but look at my kids, that’s successful, and so I don’t make excuses about that. In fact, if I had to raise him again, I’d raise him harder than I did, and I was pretty hard, but I wasn’t as hard as my dad, and my kid brother, who’s getting ready to retire next year from, he’s the number two guy at the largest fire department in the world, LA County Fire Department, he’s been a 38 or 39 years, he went up the civil service route, at my graduate, or at met him at your birth, okay, at my party, said, I wish Dad had beat me as much as he beat Dan, and so the, because my brother and I equate discipline with success, you know, and the kids that are the former Olympians and former athletes and that kind of thing, get the sacrifices required.

1:39:14 One of the things that I just found out in the last year that I didn’t know when you were there, Usain Bolt just retired last year, yeah, greatest sprinter arguably for 10 years straight, and the last race that he ran was bronze. What did he change? Well, coincidentally I have a mentee that was at one of his training partners, sprinter, I said this story before I even knew this from my mentee, every workout for nine years, ten and a half months, he had the same regimen, he worked out until he spent his body and he threw up, threw up.

1:39:53 The last race he thought, well, I’m racing against Gatlin, Gatlin, whatever his name is, a bit of a now maybe, you know, I’m not gonna push myself that hard, and he came in third, still arguably the greatest sprinter for those ten years, but I would have rather, if I had been, and I’m sure Usain, I would have liked of going out a winner. It doesn’t take away from his career, but he changed just a little. Now how many people and you just got doing with a big athletic endeavor, Ironman, and the workout without intensity, I mean to throw up for nine and a half years, or nine years in ten months, but then again, and now I’m hoping, and I’m sure he is gonna get tons of money from his endorsements, etc., because you can’t be in a, you know, an athlete like that, your body wears out.

1:40:52 I know you probably don’t think your body’s wearing out, but it is. Well, you know, following that vegan diet thing you put me on. Oh yeah, I put you on. Oh, why use vegan when I would need to lose weight quickly? So you go vegan sometimes?

1:41:07 Oh yeah, I’m like when I travel or a seminar that I eat and drink, when I’m not traveling and I’m not seminar, I don’t drink and I eat vegan, and I lose one pound, just about one pound a day, and the, and I still working out. I also don’t work out hardly at all when I’m traveling, but when I’m home, you know, I work out normally two, twice a day. There’s nothing better about the animals when you’re eating vegan? No, I don’t even think about the animals, you know.

1:41:35 No, in fact, Joe Rogan had on his a recent deal that where he was cooking some elk or something, you just killed elk ribs. Joey, look good, I wanted some of those ribs. Yeah, I look good for me, and I’m still vegan. Yeah, you wrote me a three-page email a couple nights before the Ironman, and I got to read it, and first of all, thank you for that. I work in it, and you told me to lay it all on the line, Craig, leave it all on the course, and you told me about your history with marathons, 50 mile races, 100 mile run rather, you used to do.

1:42:08 I remember you said it’s not a real run until you piss blood, 100 miles. Yeah, correct, and not too used to, but now the ultra marathoner guys don’t talk that way anymore, this was a product of the 70s, you know, piss blood and run hundred miles, and you actually do, it comes, you’re in it, straight blood, because your kidney and everything is breaking down, your immune system is breaking down, and I was far from six-pack, 6% body weight in those days during the hundred mile, instead of trying to replace the, what he called a lesser line, electrolytes, yeah, I’m eating Snickers candy bars every two miles, I was having one Snickers candy bar, it’s probably not a better, you know, and I mean, and at about 80 miles the Snickers wore off though, and the last 20 miles was like Bataan Death March.

1:43:00 Why did you send me that email and what did you say in that email? The I don’t want you to have the regret of now leaving it all on the course, in the water, on the bike, whatever they call, I know what those regrets are like. I also know somehow your thought process, and the engineer in you, it’s got it calculated this, that, the other thing, I said you’ll be surprised, I may not have written this, but I was thinking it, that at least one of the three legs you’re gonna outperform like crazy, but you did, and the because you have it in you, you have it in you, and the most people that were going to enter an event like that are undertrained.

1:43:44 I knew you weren’t, you wrote that in there, correct, another, you’re absolutely overtraining. I know, we’re prepared for this, I know, I know, and I would rather be over-prepared than underprepared, and that’s why I make fun of me for being over. No, no, I do, but I mean they, I know that you would have rather died than not finished, see, because I know guys that dropped out of, I’m ready, call it Boston, 100 miles, I know, I had a cramp in my leg, I, and he’s still in there, deepest regrets, I could have, I could have gone through, I could have made it, I could have finished, I could have, I should have.

1:44:22 And your kids, they’re little now, but ten years from now when they’re going to see some of their friends’ fathers training for this thing, oh yeah, what are they, one of the two alternatives? Yeah, my dad quit after the bike, what he’s really saying, my dad quit like a vagina after the bike, or yeah, my dad was forty-six, seven, and he’s still finished under six hours, right? Yeah, which one of those two do you want to leave with your kid? I was thinking about.

1:44:53 Well, I bet you better think about it, because that, you know, and even though it’s all right, Daddy, and for you we need Ironman for the experience, you, I mean you don’t need that experience, and for you eight, nine, ten hour marathoners, metaphorically speaking, blow your brains out, I wouldn’t tell anybody that I was an eight hour marathoner. Yes, I ran 50 miles in seven hours and 55 minutes. Yes, I ran a marathon in three hours, weenies, and but I’m a dying breed, I realized that.

1:45:32 You are. I always said that about you. Yeah, yeah, they don’t make them like you anymore. No, no, nobody, Trump, you’re younger than I am, I mean, and but ninety percent of what President Trump has done I do, I change, I’d be more aggressive on some of the things, but see, he originally I thought didn’t care about getting reelected, but the power is infectious, I guess, I’m told, and I gotta be a, to tu empresa, don’t I, I can’t finish my agenda and president, you know, I’m gonna be a supporter, so but I mean it’s once you get up there, but he’s certainly not afraid of rolling people in and out of his cabinet, he’s certainly not afraid of a lot of the things, and he cozying up to Putin, because that’s the only thing that really could kill his presidency, and he’s now cozying up to the rocket man, we’ll see what happens.

1:46:30 I heard something on CNN, he didn’t, they didn’t attribute the rocket man’s position on denuclearization, they didn’t even attribute it to Trump. He was ready, ready for what? So and the President Trump knows that, and he’s got, you know, smart people around him, any of you, if I’ve called for a second term, President, I’m there, I’m there just to be a general hatchet man to clean up the bodies. I’m there, sadly to love Washington, I’m gonna come visit you.

1:47:05 A lot of people kill to have a mentor like you, some people would kill themselves if they had a mate. Correct. That’s a good point. How do people find mentors like that? I know you had three big mentors in your life, and everyone’s always asking me, people ask me to be their mentor, and I always tell him, don’t use that M word.

1:47:22 You know, what do you tell people? I didn’t know that they were mentors, but I have always sought out the best possible conduit of information for what I was looking to do. When I was running those ultra marathons, as you mentioned, I am, one of my running partners was Miki Gorman, who won the ’77 Boston Marathon, a woman, and the, when I was in the oil business, I went to the guy that was running the fastest-growing independent oil and gas company in Texas, Jerry Ormond, when I want to get my head screwed on straight, and I went to Jim Newman, who legendary and get in people’s heads, gute on straight, and so I’ve always sought that out.

1:48:09 When I was in the military, you know, the two general officers I alluded to, you know, a while back, maybe an hour ago, you know, I had great respect for them and they, and so I’ve been attracted, and to their credit they almost always said, you remind me of me when I was your age, and but I haven’t been, you know, if you don’t ask, you don’t get, and I haven’t been afraid to ask, and I didn’t equate it to ask him for help, I really didn’t, I didn’t look at it that way. The I equated it to being selfish because I want to know what you need to know to be successful at this, and a lot of it has to do, it, I was not a successful athlete, I virtually no fast twitch muscles, which they tested before, and it’s hard to say you got no fast twitch muscles, I didn’t understand that was good for long distance, rant, mean when I was a kid, if I put those connected those dots, you know, but I didn’t, and so I overcompensated in business for where I failed in my eyes, and it’s something my dad couldn’t compete because his career was already over, he was a great athlete, CIA assassin, although after I got out of the military, the because I hadn’t seen combat, I went in, talk to the government, the CIA and much other people and invade in Haiti, and it was going to be a, you know, we talk about the potential coup in Haiti.

1:49:39 Yeah, sure, you were passed a statute of limitation, I mean, and this is something that we have, we forgot to even mention briefly in the movie, but I read your book again cover to cover after the movie and I was like, how come I didn’t remember this? And you mention it when I was at the castle with one of our coffee breaks, but I mean you almost went in there. Blaze’s, yeah, yeah, III was, I was at, no, Onassis’s shipping lines, working directly for Constantine Gratsos, over Onassis’s, and he said we have this opportunity, I must depend on which to attend this meeting with me, and so I went, and so they’re going around, and the Mobil Oil, what was there, the Vatican was there, that got headed, the Vatican Bank representative, Imelda Marcos was there from the Philippines, and a guy from CIA was there representing the supposedly Secretary of State, overlaid, United later, but it was a CIA guys, and they said that the, the church is interested in Catholics in Haiti, Mobil Oil is interested in oil in Haiti, supposedly they have, Imelda Marcos just wants they have a good time, and when I asked, the shipping lines is interested in shipping the oil in Haiti, and Mr.

1:50:49 Peña, and so I’m waiting for the shoe to drop, and he says, you were a military officer, yes, you were intelligence officers, well arguably yes, but I’m my infantry officer, he says Mr. Peña is gonna head this up, and I head up what? I didn’t ask him in the meeting, after the meeting I said, well, Mr. Gratsos, had a but the invasion. What year is this?

1:51:12 1981, 82. 81, 82, with the Vatican, the CIA, Imelda Marcos, Mobil, I want to go in and remove the president, they were a Baby Doc Duvalier and a Tonton Macoutes, and we were going to invade to Dominican Republic next door, and in Miami I get a message on my those days black phone, cell phone, from a guy named Isaac, who is our CIA operative, that said we’re pulling the plug on the deal, the State thinks it’ll be too controversial. But you were a, first of all, they asked you to do it and you said yes?

1:51:49 I mean, I said yes. Yeah, and then I recruited about a 250 man army, mercenaries and American. Yeah, no, French Foreign Legion, American, Israel, Israeli are what he call it, our head guy, he was, I was the general, but the number one real military guy was a guy named Mike Williams, who was West Point graduate and professional mercenary, is claim to fame unfortunately was he was the last head of the Rhodesian cavalry, Rhodesian it was not was in ballet and way the picture of him riding on a horse and a bayonet and a baby, a black baby on the bayonet, his claim to fame, that was him, him with the baby on the bill was hanging out with the right.

1:52:41 Yeah, yeah, well, and Mike Williams, and so we acquired a nuclear bomb, nuclear device, four million bucks from the French, a nuclear device, nuke, because we really were going to nuke everything, but then we found out that ruins everything for 20, 30, 50 years, so then it had to be boots on the ground. I believe I invented boots on the ground, but that, you know, other people argue with me about that, okay. And you go in there with some Hueys? Yeah, yeah, we had 21 Hueys, and by the way, kids, you know how Arnold and those guys hold those 50 count, you cannot hold a 50 caliber in each arm, you can’t hold a 30 caliber in each arm, you can barely hold a 30 caliber in two arms, so when you see these movies and you know they’re not real weapons, but yeah, we’re gonna be boots on the ground.

1:53:24 And what’s your wife’s Alvin? Oh, I left her a long letter that I said, don’t open this, if you open this I’m dead. She said it’s one of the few times she didn’t support me, one of the few times, but the interesting thing is when the deal got pulled, the, we had a list, the government in exile from Haiti was at the LaGuardia Airport, New York, they had about, you know, 80, 90 rooms, the list of people that we were supposed to assassinate grew from people to 600.

1:54:01 You were gonna take out what, Baby Doc and the few? Yeah, Baby, yeah, all the top guys, then they said you got to take out all the time, talk to my coop, you gotta take all the mercenary butchers, you got it, cuz you got to kill them all. So three seminars ago we got a black kid, good-looking black kid, sitting in the audience, I go, run Jim Jones, that not Dave, John, whatever his name was, and I said, what’s your last name again? And he told me, I go, I was wondering when you’re gonna, you know, my dad was mayor of Haiti, I mean Port-au-Prince.

1:54:33 What? And I said, your dad was on the list. If I had whacked your dad you wouldn’t have been born, your little black bastard. He says, you’re right, I’m thankful. And I said, well then do something with your life, serendipity dealt you a good hand, and I’ll go out and do something with it, a smart, smart kid, smart kid, but his dad is the first person I could ever connect to the actual deal.

1:55:01 So the list went from six to six hundred, so it’s getting a little out of control. You’re right, and then that’s when allegedly the State Department said no, but it’s days away. Yeah, I mean no, hours, hours, 36 hours away. Chance of you making it through that alive gonna be pretty hairy, real hairy. I mean everything gets messy when all those plans go to, right?

1:55:22 You don’t know, shot, and who planted the, for all you know they know you’re coming. Correct. Right, I mean loose lips. Yes, absolutely, but I was gonna be the first off the hip, you know, and blast. Yeah, and then after that, when that fell through, I was, I was what are they called, gutted, and then you know, then I looked at a couple times going to do some mercenary work in South America to get trigger time again, cuz I never saw combat, right?

1:55:49 And the the, but by this time, you know, I’m getting long in the tooth, you know, and now they’ve got mercenaries arguably 40s and 50s now, back in those days they didn’t, and so I’m too long in the tooth, and I had been away from the military too long, and yeah, yeah, and so it didn’t work out, and so that’s one, you know, one of my big bits, my main regret, but probably maybe for the better. Yeah, well, I’m here, I could, I might have been killed, but I could have been killed by the Buffalo running over me. Yeah, and I, you know, I’ve had three or four other quick, there’s this thing on my side, cause Dan does the impossible, of eighteen or twenty things crazy that I did, but I’ve always been drawn to proving my masculinity, my manhood, or whatever you want to call it.

1:56:39 I didn’t know it was testosterone in those days, and but I should have been dead at least ten times by now, at least, and now wrongfully, you can’t kill me, you know. You believe that? Yeah, I believe it with all my heart. Oh man, and see in the movies when they say, okay, do you have any last words, that’s not how it’s done. Boom, boom, boom, now do you have any last one in your boom, boom, new clip, boom, ba-ba-boom, that’s the real world, not all this horses***, you know.

1:57:09 The and I mean, a couple of guys that have come through the seminar, that you know, Special Forces and and Delta and SEALs, they say, yeah, he says it gives us a bad name, it’s like we have a heart or something, any last words for your mother, what is this, you know, just like the guy that’s supposedly shot bin Laden, he didn’t ask him, he put two in his head and one his chest, or two in his chest, and when I said whatever which one, that’s it, and that’s it, it’s the way it is. Is that a metaphor for life too? That’s exactly it, it’s a great metaphor for life, okay, so just do it, don’t talk about it, don’t do it as a show, don’t ask for permission, kill.

1:57:50 Correct, not metaphorically speaking, kill. You’re saying that now at the end of all your seminars? Yeah, yeah, but the kids, now somebody’s wacko is going to go out and do, could potentially do something ugly, and they come back as a damp, Anna taught me damp in at the castle taught me, he taught me, which is prized, you haven’t been in a loss? Oh well no, I’ve been in, but not in recent years, but I have enough disclaimers on my website and I say it enough on YouTube, it’s not like it the mystery, and the, but if everybody listening to this, say 2% or 1%, double their toughness, I don’t mean fighting with people, double their toughness, not 10% growth, I mean 100% growth, coming us, not fighting, all that, you’ve been advocating fighting?

1:58:41 No, no, no, no, toughness, mental toughness, okay, taking action, pulling the trigger, you know, not over-analyzing. Most of the audience really needs 500 percent, but even if you increase your emotional bank account by 5 percent, you’re gonna be better off than you are now, and I’ve never seen a part-time high-performance person. In Holland they asked me, can you do this at 10 percent? And I answer the same way, I just said, I’ve never seen a high performer, damn, part-time high-performance professor ever, I ever, I mean the, it’s hard to be a high-performance person.

1:59:19 Oh, it’s a, it’s hard, as is, it’s a ballbuster. Why is it hard? Because it takes absolute focus and commitment a hundred percent of the time. You were at my 70th two years ago, at least fifty people asked Sally, my kid brother, my, ice children, is your father like this all the time? At least fifty, after five or six, my daughter says, are these people, these people are, Dad, I mean this is you when you get up, when you go to bed, they think that I got some button, and most of the politicians and most of the actors, etc., do you have two phases, but I don’t, and the entity were talking about protecting themselves, some stories that go through, but my dad always taught me, don’t go looking for a fight, but hit first, and once they’re on the ground, you want to see their brains because you’ve caved in their head, that’s it.

2:00:20 Metaphorically? Correct, metaphorically speaking. And I gotten a lot of trouble as a kid and I broke bones, and you don’t break kids’ bones in grammar school, but I did, and you don’t try to kill your teacher with a aquarium, I didn’t know I was trying to kill him, I didn’t, I didn’t, I wasn’t processing that way, but if he hadn’t moved six inches one way or the other, that poor bastard be dead, and I tried to find him two or three times, they’ve gone back, he’s long dead now, and next time I go to LA I’m gonna go, I’m gonna have a meeting with the principal, she wasn’t even born when all this was going on in that school, and because I want to just walk in the halls, I know there’s a couple of, they still have the same furniture from 70 years ago.

2:01:03 You need a donation? Yeah, that’s a, do you like being the kinder, gentler Peña of 73, or do you wish you were sometimes like the 53 year old? No, I see things that I would handle differently, like and I, you get more satisfaction at, I know this is gonna sound strange, you get more satisfaction out of caving somebody’s face in. You just do, just like the guys who say that Trump was a bad boy because he wanted to grab her by the ass, guys, you know what I’m talking about, so don’t lie, you know exactly what I’m talking about, it’s foreplay and real play, but it’s not always the smartest, it’s not, and discretion is the better part of valor, and I left that room in Florida right 20 years ago, I, it might still be in jail down there.

2:01:58 And you call the police at the castle? No, no, no, no, they called the police, right, they called the police at the castle to remove the, oh yeah, you let them do it. So exactly, exactly, and the 53 year old Peña wouldn’t have done? No, no, no, no, I would have been, Sally seen, and you know the first thing when I take my glasses off, I’m not wearing them right now, that’s step one, okay, when I take my glasses off and I just toss them, that means we’re in to step two, but you don’t know it yet.

2:02:26 This is from before. Yeah, but the, somebody reminded me there was a when I was, I’m a fifth grade, something like a sixth grade, I was, uh, in some sign of sporting event and some guy cheated me and so I said, you do that one more time, I’m gonna pop you, and he did, so I hit him and knocked him down, and everybody around me heard his arm snap, I didn’t hear it, and he says, you broke my arm, my arm, you little bastard, and so no, maybe I didn’t, but now I am, I stomped them, broke his arm in seven places, got expelled, and the third time with the aquarium I got expelled, I got expelled not just from the school but from the school district, so if I hadn’t have done that, my father went to bought a home we couldn’t afford in the Valley, San Fernando Valley, because my mom nagged at him, we got, Dad’s gonna kill somebody, we got to get him out of here, so if that hadn’t happened, the guy moved, we got expelled, we couldn’t, you know, we couldn’t afford the house we bought in the Valley, but I found ways to get in trouble in the Valley, and it wasn’t, it would barrio thing, it was me, right, it wasn’t that we were all, there were all Mexicans, it was me, I was aggressive, you know, and I saw my dad, my dad was a cop, his many of his hate 8 years was pre-Miranda rights, you got to read you your rights, you have the right to a lawyer, you have a right to this, you have a right to that.

2:03:47 I used to go down to Parker Center in Los Angeles where the cops were, and I saw some ugly down there as a 7, 8, 9, 10 year old, I mean I saw some, and then Miranda came out in ’66 where you couldn’t, you know, you weren’t supposed to do that kind of anymore, they still did it, but police learned to hit people not in the face where it showed, they learned to hit him in the back, and you know, so when they’re in court they don’t show all the busted up ribs, and I saw that, I saw, I saw my first dead body when I was six, frozen to a log, you know, so I mean I’m a product of that social economic milieu, but it’s great for making money, it’s great for creating generational wealth because you’re willing to just go in hard. Yeah, going hard. I wish I had a modicum of athletic ability, I would have been an All-American, Olympian, a cuz nobody could work harder at it.

2:04:44 They used to say, now just imagine that you’re growing up and I reminded my two buddies of this, they had forgotten, Coach Roy Jay, the football coach at high school, said, you’re so slow, Peanut, you should wear the other team’s jersey, now just think that through, you’re so inept you should be wearing their jersey and play for them. I’d just come back and hit that line again, I didn’t care. They used to stand me in the corner with a dunce cap, they said I was, and if I looked around too many times, then they put me in the closet, they had to take a dump scab off because the dunce cap was too high to get me in the closet, and I would be in there for five, six hours till school was over, piss my pants, my pants, because they wouldn’t let me out.

2:05:33 Just imagine today, I had a school, the LA School District. When I was in the Army, Peña, you’re the Czar’s excuse of wet bad Mexican, God, then when I became an officer, you’re the sorry, just use lava all my life, but I’ve never thought of it as being brutalized, I never thought about them. You’re glad that happened, right? I am, otherwise I’d be like these snowflakes, I mean I can literally, I can eat, I can eat the heads off a ten at a time, literally, when that kid in Toronto says, what do you do with a cricket bat, I go, come here, you little, and you know who invited me, University of Toronto, black ties, the black and women groups invite me, those are who invite me.

2:06:17 Why black ties, do I look black? Aren’t you eight percent black? Yeah, six point six percent black with my brothers, you know. So why do they invite you? Because they think they know that because I wasn’t in, or I am a minority, just I wasn’t raised in minority and I wouldn’t allow myself to be the prose to the same deprivation his other minorities, and maybe I was fighting back about that, against that, I don’t know, but there’s surely a guy fought back.

2:06:46 So you admit some of the product of you is from fighting back against that? Yeah, yeah, that, but when they called me a, and that was this, and I was that, even when I could became an officer, an officer and a gentleman, the United States Congress said, I’m a, but they still, you know, going through the training process they didn’t teach you so well, then once I became an officer and I’m at the officers’ club with generals, and of course that’s when I found out a million dollars was, thank God for that guy inheriting that money. But you understand why it offends so much?

2:07:16 Oh yeah, sure I do. And why does it offend? No, but but, but what I tell my kids, although I don’t, best of my knowledge our three children haven’t been discriminated against, I don’t believe, other than being rich, which they do discriminate, kids, you men against you. My kids were embarrassed to come to school in a limo, the limo had to park six, eight blocks away, and then I asked the driver, Jimmy, what, oh, the children wouldn’t let me take him to school, we dropped him off.

2:07:45 How do you know they got to school, Jimmy? I watched him, boss, I watched, because I know you’d kill me if something happened to my Washington, boss. So the, it’s not what happens to us in life, it’s how we interpret what happens to us in life. Freud said that, and the guy before Freud, his name escapes me, it’s how we’re trained emotionally to cope with information that we don’t like, and I was always unknowingly trained, it’s you can’t hurt, sticks and stones can break your bones but words can never hurt you, that’s what the scene was when I was maybe one, do 15, and so I just, you know, shine it on, and I said, if you want to make something out of it, well, step out and then we’ll see who’s right and who’s wrong.

2:08:30 That’s how we used to settle who’s right and who’s wrong, the guy that’s standing over the guy that’s on the ground, and a lot of times I got the kicked out of me. There’s a guy, violent, watches Howard Stern and while, Jack, who were really tough, you know, a lot tougher than I’ve, and he, I was bigger than he was, but he’s like my baby brother or my big brother because whenever I get the kicked out of me, he’d go looking for him, and he says, what are you, his brother? It’s just close enough, he was Jewish, Stein, he’s close enough, so now I’m gonna give you a beat-down for you beating up bad.

2:09:03 So all this stuff prepared you for who you are, or any think we’re missing it in today’s culture? I don’t think I know we’re missing it, you know, and if once you’re gone, this isn’t coming back? No, no, no, that’s why we’re passing. Elon Musk knows it now. I’m gonna say something, Iran, if I’m this may be way off base, I’m not apologizing for an AMA, say when a guy like Musk, obviously bright, gifted, right, on April Fool’s gets up, look like he’s got up from a three-day drunk, on YouTube or whatever, and says Tesla just went bankrupt, and then he says it’s a joke, that speaks volumes, and my guess is all the big institutional money, no, it, I bet you his short interests, he’s the biggest short on Wall Street right now, I bet you his short interest went up 50% that day, were over the next few days.

2:10:02 And you’re saying it was a joke, but there wasn’t a joke, because I saw through the joke, yes, and they just laid off 9000 people last week, 9,000, and he says out of the other side of his mouth he’s not going to need to raise any capital, go back to the equity market, nine thousand people gone. April Fool, we’re going, April first, we’re going bankrupt, that’s, you know, arguably the biggest puff of air there ever was. So it’s over, we’re through? What, Tesla’s over?

2:10:38 No, no, I mean he’s gonna need money, the stocks are gonna go down, that’s all, I mean it’s a great car, I’ve never ridden one, I don’t know, but I do know that no other administration, even though Mr. Musk arguably paid back most of the money he got from Obama through the alternative energy stuff, I haven’t gone back and checked, I don’t know, but I mean he’s a great promoter, I mean there’s nothing wrong with being a, grandma, great promoter, there’s nothing wrong with being a great promoter, but you look for these things, you know, these that’s a, in the armor. Yeah, and I mean he, he he demoted people, it was ostensibly for going to see their baby’s born, which is good.

2:11:21 Yeah, well, I know you could see them born, but you had to be right back, I mean you watch it, look a little, and he wants to get off the planet and you want to go with him? I’m ready. You’re ready, cuz you think, well, yeah, man, and if that doesn’t work I’m gonna pay the Russians 25 million and go up to the space station, I’m just hang out there for a bit. Now that’s chilling, kids, that’s to me that chi’lan, what am I don’t, what I’m doing up there? Cost 25 million bucks though, you you could go for 25 million, so I’m thinking about going back to the ayahuasca, what do you think of that?

2:12:00 You’re beyond ayahuasca? What does that mean? I mean you matured a lot in four years. Some of your naysayers will say attaining more material this or that, and the show being more visible doesn’t mean he attained anything, because I saw the emails, or some of the emails, he sold out, you ruined him, he was a good guy, you know, he was just a dope smoking whatever kind of guy, emails to you saying you ruined me? Yeah, yeah, yeah, that’s people that have their opinions.

2:12:30 Yeah, yeah, yeah, and the fact that you look like this now, this isn’t because of you. No, no, yeah, I know it isn’t. No, but no, but I mean you changed your demeanor, your attire on screen, I don’t, I can’t really tell if you have a higher quality of people that you interview now, because they’ve all been pretty good, a lot of them are not something I’m interested in, but the, I’m sure some of the kids are interested, otherwise you wouldn’t keep having them, but it’s, you know what I want to see you continue the model and get less involved with day-to-day management, as I said at dinner, because this is the, this with the greatest respect, and this is a great show, but this is only scratching the surface of the talent you’ve got.

2:13:15 I’ve said that all along, I mean you know, I say you get one of these meatheads out here can run this deal, but the greatest respect, kids, and so you want me to go bigger, go in harder, go hard, wish myself, I offered zone, don’t regret this. No, no, exactly, fail, fail fast, you know, and you know, fall forward, die falling forward, and because there is, I mean you’re still a kid, he’s still a kid with kids, you’re a kid with kids, and the, I mean the world is our oyster right now, I mean and I can say that at my age, most people when I went to my 50th year reunion, which is just before you know, just after, don’t see now, just before you interviewed me, and my classmates don’t look like me, they’re beaten down, so they allow themselves to get old, and there’s a bunch of great people and like that’s true.

2:14:19 Can you allow yourself to get old? No, I’m not you, but it’s possible. Oh sure, if you don’t take care of yourself mentally. Yeah, and the best thing about the mentees is about a hundred kids I have a year where I’m keeping track of their businesses, and it keeps me sharp, it also keeps me attuned to what’s hot. Like I told you at dinner, the hottest thing on the planet right now is cybersecurity, there is nothing even remotely close to it, cybersecurity is red-hot, and every time the rocket man shakes his saber or something happens in Syria, the the price of that goes up in America.

2:15:02 Infrastructure is on the second level, hot, hot, hot, bridges, roads, airports, that kind of thing. In the, but if I were 30, I’d fly to Saudi Arabia, leave everything behind, learn Arabic and spend the next 30 years becoming a multi-billionaire. It is the biggest pot of gold ever since the planet was made, and there are going to be at least a million billionaires made in the next three, four, five years, but that’s a 50-year project, and they couldn’t have picked a better man than my man, T Klaus Kleinfeld, who really believes, believes that kind of stuff and the effort for it, for the planet’s sake, I hope I’m wrong, I know I’m not.

2:16:05 What does that mean for the planet? For the planet’s sake, you know, the, it’d be great day, but you realize what you need for the planet’s in 65 thousand years this planet’s over with, you know that? Is that true? Yeah, it’s extinct, no more. Yeah, no, because we’re being sucked in, I fit, no more oil, no, no, no, no, because we’re being sucked, forget either the sun’s being sucked into us or we’re sucked into the Sun, sixty-five thousand, we’re done, there is no more.

2:16:30 So what does that mean? Well, that means I’m gonna be gone by a couple years, but the other parties are now taking advanced, you know, I, the sex, drugs and rock and roll without the drugs, and make a, when the Sun shines. Yeah, I mean, yeah, these kids are gonna say, geez, it’s quite, I wish it was a little crazy bastard, I mean Jesus, if he says, now the thirty-year-olds are gonna be 40, 45, and they will have done another thing. Andrew Carnegie said he’s not the only one, if you need to get motivation, kids, you’re past it, if he needs somebody to motivate you, you’re past it.

2:17:10 Andrew Carnegie said that about a hundred years ago. You always say passion, you invest in passion, correct, because that’ll get you through it. I mean passion and the, it’s what gets people to Naval, SEAL, the SEAL training, you know, I, I didn’t do that kind of training, I did Ranger training, but not bad I mean, you gotta want it, and the, you know, Jocko, although I’ve never met him personally, he and I have had some emails back and forth last year, year before, and he understands that, he says if you need motivation, and by me this morning, yeah, you can’t be the wrong person, you’re doing the wrong thing.

2:17:52 Correct. So find the thing that you’re motivated for and passion for it. Correct. And then stop making excuses, go all-in. Yeah, we can always find a reason why, you know, every family’s got somebody that lost a bunch of money, and they relate back to Uncle Joe or Grandpa Harry, and that’s why nobody ever has become an entrepreneur, and that’s why the people have continued to stay middle class or lower middle class, and it’s one of the reasons that they’re breaking the the string of poverty so tough, also breaking, you know, your mom was a crack, your dad laughed a bit, it’s tough to break that cycle.

2:18:29 Not impossible. Now I didn’t have to break that cycle, I broke the poverty cycle, the and some people in the body wouldn’t think that we were so poor, my dad was a cop at a city salary, he had to get two extra jobs to put food on the table, but he had a steady salary in those days, you weren’t getting fired from being a cop. The but my dad was in the reserve for the Korean War, so he made an extra $45 a month to be in the reserves in nineteen when the war ended, 45, and in ’51, you know, he got called up and he went in the Korean War for 45 bucks a month, because he was already too old, think it would get recalled, he was already had a family, me to get recalled, and for 40, 45 bucks a month he went over and they almost got killed again because we hadn’t, we don’t have, didn’t have any money, I have any money, you know, you know, I, the cab over here was, I think, 35 pounds or something, I think he took me around the horn, but the, it’s like when you come from the airport in New York and you don’t have to go up to 140th Street and then down the FDR, you can go across the 59th Street Bridge, and so I think he took me around the horn, maybe didn’t.

2:19:50 What are you doing in ten years, in 85th birthday, I’m guessing we’ll have a celebration? Yep. Does your day look pretty much like it does now, seminars, you’re still talking to schools, you probably found the next level? Yeah, well, I haven’t found that level yet, they’re always, you’re always learning, you’re the schools give me a lot of exposure, even the thing in Florida, what the kid gave me exposure, we turned that around and made it a plus. The, but last year I’m not going to do, I won’t be doing 10, 12 schools again like I did last year, this year I think I only do five schools, five schools.

2:20:27 I’m doing Boston University, I’m doing, oh, we’re gonna get you into MIT, okay, a big school in Ireland, the name escapes me, I’m doing York University down south, I was doing Texas A&M, but they decided I was not worthy or whatever, so more schools, still teaching seminars, QLA is now pushing multiple trillions, correct, okay, and that’s, it’s pretty impressive if I do say so myself. And we’ve got, you know, a half a dozen or so guys like you that have big followings, and arguably you’ve got the biggest, and so that means you’ve got the most responsibility, but the kids, and now that you’re in to teaching, in coaching, the kids are hard, I mean, you know, my experience is the Millennials feel like they’re, are the world should be dedicated to their survival, you know, I don’t know how a 30 year old can live at home, I just don’t, and I don’t know how a 30 year old can live at home with a wife, do you take turns with your parents so you don’t make too much noise?

2:21:47 I mean Jesus, how is that possible? I mean when I will turn 18, if I had to get a car, a license, I didn’t care what, and the now they sit around, and what do you sit around and talk about, what kind of President Trump is with your parents out in front of the TV? Or I don’t understand, I’d, it’s beyond me, it’s beyond me. What I do know is there’s tons of capable kids, and what they don’t lack education, they lack leadership, they lack direction, and that’s why a lot of the kids, most of the kids come to me, and unfortunately it’s because they didn’t have the role models that they had, should have had growing up.

2:22:36 Now some would say I had over role model, but now that you’re over role modeling everyone. Exactly, and it’s not for everybody, it’s like what, you know, I built tennis courts that make my, make my kids on how to play tennis, to this day they hate tennis. I bought the golf course, they still like golf. I got the, the Taekwondo, Don, 3rd Don, come and give him martial arts when they’re, they don’t like it, to the house together, you know, we, they don’t like it, they don’t like it, you know, they’d like golf, that’s the only thing I didn’t drive a, you know, drive them away from, and they, and I told them that, and I got my daughter, my son, my son has pretty good leadership skills, not like me, but pretty good compared to the Millennials, they’re part of their, Douglas MacArthur and General Patton.

2:23:34 Yeah, leadership is what’s needed now. Yeah, I want to finish with some Peñaisms, and I want you to tell me the ones that we should pay most attention to, okay? So here’s something you’ve said on this show: we only make changes for two reasons, inspiration and desperation, and I don’t mean many that do it for inspiration. Maybe you can comment on that. Show me your friends.

2:23:52 Sure, sure. Smell the leather. Dress British, think Yiddish. Ask for forgiveness, not permission. I use that around here all the time.

2:24:03 What gets measured gets accomplished. Perfection equals paralysis. Do what you have a passion for. Practice success. It takes money, not Zen, made famous here about four years ago.

2:24:15 If we were at war we’d all be dead. Never underestimate how wrong you can be. Mm-hmm. Man plans, God laughs. Research is procrastination in disguise.

2:24:26 I think I took that from you and put it on my TED talk. And it’s hard to be a high-performance person. Now I just read all those off, let me just go back to the smell of the leather. Yeah, at the time that we had that contest two and a half years ago, I had about 50,000 on my mailing list, all you had to do was go to a Ferrari dealership or something rich and have your picture taken, some other load, see how other people, the rich people, live. I asked many, many audiences, out of the fifty thousand, six hundred people, how many do you think, and and you want a castle seminar, that was you want to catch something, okay, okay, okay, how many do you think took the test?

2:25:02 And we’ve had all kinds of guesses, but the truth is eight out of 50,000 went and smell the leather and sent your picture. Eight. I know one of them. Okay, and a bunch of, yeah, I know a few of them actually. Okay, reelers, okay, eight, and the, and that to me sums up the Millennials.

2:25:20 They can’t take even a small action because they’re too embarrassed and scared. Yeah, to go when I had, I’ve got, what got over a lot of hurdles to ultimately get Constantine Gratsos to be my mentor, okay, wasn’t easy. Oh well, and I mean I wouldn’t take no for an answer, I just wouldn’t take no for an answer, and the and anything that I really wanted. I got Governor Hugh Carey, which could be considered my fourth mentor, former governor state of New York, and you know, arguably the guy that saved New York State and New York City from bankruptcy back in the late 70s and early 80s, and those are the kind of guys that you had on your dream team, and they just, you know, with phone calls, uh, he called Walter Wriston, the CEO of Citibank, Wall, come on to come over and have a martini with me with my chairman, Danny Peña, and he’s got deals done, and that still happens, and where I saw it happened was this guy from Hungary, they did this big deal, his chairman is a world-class guy, he’s no reason to have anything to do with them, nothing, didn’t go to the same school, that everybody was persistent, and ended, and one of the things that persistence shows to the high-performance person is, God, this kid reminds me of me, I wouldn’t take no for an answer.

2:26:50 But the those things that I mentioned here, yeah, well the, of course, is when you can show me with the Zen, can pay my MasterCard. I got a lot of comments about that, mostly positive, not too many negative. The, but I’m not the only one, see, say Teresa and the Dalai Lama, I was not invited to his 80th birthday, a number of my mentees were. Saint Teresa, both, they used to say prayers, find meditation, fine, but action, action, action is what counts. I didn’t get invited to the Vatican, one of my mentees, I think I told you at dinner, got invited in the Vatican audience with the Pope when he blessed my rosary, okay.

2:27:36 Now I would have liked, I’ve tried to get in the Vatican unsuccessfully, so but I’m happy that one of my guys got into the Vatican. I didn’t get invited to Trump’s inauguration, some of my guys did, okay, and so the when Europe, I had a stage that your mentees are opening doors with world-class people, you know you’re successful, and that’s the ultimate test. Correct. You can teach someone to do what you know how to do, that’s when you know you’re, that’s like the other thing, you know, I’m gonna teach you how to fish, so then you know whenever that is in the Bible, I’m working on breaking bread and making water into wine, I haven’t been successful with that, but I have been successful, I’m walking on water.

2:28:21 So I mean, but I haven’t been successful with making food out of bread and taking for fish and feeding ten thousand. I’m working on those, work in progress. And any of those other final Peñaisms that people should we keep in mind as they go through? Well, I mean the, the, the best mentees, the most successful mentees, have those on, around the room that they do their work in, plastered on whiteboards, etc., so they’re looking up at it. The all those Peñaisms are on the free stuff that we have in on the site, and the new page of the site that we just put up, Dan’s 25th anniversary for QLA, it’s got about 40 or 50 testimonials, and pretty, some pretty well, they’re all impressive since they all started from scratch, but some of them are extraordinarily impressive, that have happened since I met you, the first, and the, I think Josh is the third, and hope for testimonials.

2:29:34 Yeah, your first on the page, I said there is no London Real without Dan Peña. Yeah, yeah, period. Correct, cried to get it back, but it was already left my mouth. Yeah, take it back. Congratulations on 25.

2:29:48 You, thank you. By the way, it’s impressive. Thank you, thank you. It’s been hard work, much harder than I ever thought it would be, and if I had it to do over again I wouldn’t start 25 years ago, giving my first seminar in May 1993 at the Sheraton and I Los Angeles, because I grossly underestimated the work involved. I grossly, but then when I got it, once I got into it and I got my first billion guy, but then I, I got, yeah, you know, and then I checked around, nobody else had anything, and so but we didn’t talk about money for 17 years, the because we clearly had billions before that 17 years we didn’t, and then we start talking about about seven years ago, eight years ago, and this is true about all high-performance people, is that if they kind of knew the work that was involved, they probably would never want to do it.

2:30:40 Correct. And so when some of the kids find that out, they pull back. Corrected. Some people, they get a taste for it and they still push through. Yep.

2:30:47 And the the average from 2010 that we’ve been keeping records of, all the people, the good, bad or indifferent, is 17 months to do the first deal, 17 months, and the and that’s from, that’s for seven years, but for the last three years it’s 11 months, and the, and interest rates have been pretty the same the last seven, eight years, but me pounding about interest rates, haven’t been this low in 5,000 years. So being, being good and bad things happen to good people all the time, I thought you figured that out by the time you’re 10, 11 years old, but we have kids that come in that, you know, ugly stuff happened to them in business and they think that, oh, why, I thought that he was my friend, or and he might have been until it came to ten million dollars, then friendship has a different definition.

2:32:20 And so if people don’t like you and don’t like the things they’ve heard you said today, that’s fine, but sometimes that’s what comes with a high performance. I, if you like me at the end of this talk, I did something wrong, I did something wrong, and I’m not here to be a lie, you know, when I came up with the same before I was giving seminars, if you want a friend, buy a dog. I’m an it, I’ve always thought that, but I’m not here for you to like me, I’m, I am the world’s best at getting you to do what you don’t want to do to be what you want to be.

2:32:51 I don’t know anybody better at it than me, and I don’t care what you think of me, I look at the results. It’s like I tell my own kids, love is great, but I don’t need it from you to you three, I mean 25 years from now, respect will do, I don’t need your love, and most kids or their parents are living vicariously through their kids, so I look at the audience and I look at four or five hundred people, if this is what the world’s come to, if your parents, God forbid, all I forbid, are living their lives vicariously through you, sorry, vaginas, what the hell has the world come to, and I believe that. And the kids go like this, a great question, do you want your kids to be like you?

2:33:43 Now one person raises their hand. What does that say? They’re not doing their job. Correct. Ah, and now you’ve got two little rascals.

2:33:54 Yeah, I think about it all the time, you know, I’m trying to behave and they’re gonna that with me, it’s even more because all my is documented now. Yeah, so gives me an extra reason to go big, because they’re gonna watch me one day, and like you said, they’re gonna see it all, which is great, it’s great motivation for me, just like this place, it’s great motivation for me, means I gotta get up and just be even better, and we can always get better. Man’s greatest burden is unfulfilled potential, you know, and Chrissy Grottoes said that to me a long, long time ago, early on in our relationship, and I didn’t know, you know, I didn’t understand really what it meant, but now why, I’ve known for many years now, but now even more so, I mean because I see so many of us, myself included, have left so much on the table that we could have done more, and nobody’s ever going to be a hundred percent of their potential, but there’s no reason that we can’t be all we can be, and that’s what I’m driving there, the kids.

2:34:57 Yeah, sometimes not in such a nice way, and that’s what I learned about three and a half years ago at your castle, and people always ask me what I learned up there, and you know, I learned that I can be more. Absolutely, that’s the middle thing, and people said, did he teach you about your business and that? And I said, the third day he taught me something about myself, and so now I see it everybody, not just like, why don’t you just be more, stop making those excuses.

2:35:21 And so if this is the first time they’re meeting you, then they’re definitely in an uncomfortable situation, people don’t know how to deal with you because, like you said, nobody’s out there doing what you do, because ultimately they’re all looking to sell something, and maybe you are selling something that some, their, I don’t know who knows, but they’re not. Well, I mean, if any of you kids, they’ve got an upsell or a side sell that is gonna change a billion people, email me at webmaster, but there isn’t, because the truth of the matter is I’d like to do like Facebook, you know, four billion people, whatever he’s got, you know, but I know that they’re not, two-thirds of the planet will never make the sacrifice that’s required, it’s elective. Rwanda diet, when Sally and I were down there with a silverback gorillas, and we sponsor a school down there, and the, and I said, I haven’t seen a fat person down here, and our one of our bodyguard drivers, guy named Bosco, Bosco, if you’re watching this, get a hold of me, we’re coming back, and he says, Mr.

2:36:21 Peña, they’re on the Rwanda diet, and I go, what’s that? He says, we walk at least 10 to 20 miles a day for water and then food, water then food, and he says the ones that aren’t willing to do that die, and when we bring the water back to the villages, only I mean you got to be next to death, again, real old, because we don’t give the water, babies first, old people second, and then the rest, and so I mean if you’re fit and you’re 15 and you’re not getting watered, I mean you want to die, and so I mean QLA is very much like the Rwanda diet, you either run, you run with the big dogs or you don’t, and they’re not that many people. When I first started 25 years ago, I was naive enough to think that I could touch, you know, I knew I was going to change the way, away from personal development into high performance, whatever that meant, and I didn’t know exactly what it meant then, but I knew that there weren’t gonna be a lot of people because I realized that, you know, how many people run a hundred miles, how many people do this, I mean how many people would endorse some of the physical pains I’ve had and in the mental pains, and my dad was a hard-ass, I mean, I mean he would be in jail for child abuse for the kind of beatings he gave me, but I thank him for every beating.

2:37:47 I mean, on that same note, I’m gonna thank you for the beatings, okay, over the years. I must say, I’m just thinking about how I feel now, I remember the first time you were here and afterwards like my head hurt, right, because I had the download of pain. Yeah, I called it the pain-yahuasca, similar to the ayahuasca, and I was just a lot of things in my head, and I’m sure people are still feeling that way about you, but over the years I don’t feel that as much anymore, because a lot of the things you say resonate.

2:38:14 I repeat a lot of the things you say because I believe they’re true, and so when you see them work, yeah, for not just you, right, but for your kids. Yeah, I mean it’s amazing, great feeling. It is a great feeling, and they change and they take off. You’re gonna hold your kids to a higher standard because you’re gonna see me, head me, head and meet head over here, and what about, you know, you kids, so it won’t be easy growing up in and filling your shoes in the Rose household.

2:38:44 Yeah, it won’t be. And so thanks for the mentorship, Dan. You’re welcome, I look forward to many years to come. Thank you for having me on the show. And whenever I, the the fighter guy that you’ve got on your screensaver, the, the astronomer guy, the tall guy, and you know the grass, and then the, the fight, the British fighter guy, well-dressed, good-looking, a boxer, former, you know, no, no, no, no, a smaller guy.

2:39:15 Oh, Chris Eubank. Yeah, you bet. Yeah, I see him there, you know, and when he’s going like this, and the and a lot of those guys, as you know, their story better than I, didn’t work out after their, you know, their heyday, and the, it reminds me when I worked with the Lakers many years ago, they they thought those six and eight and twelve and fourteen million dollar that were just going to come forever, then we got that way, but one of the most sad stories is my astronaut, third guy to walk on the moon, how come I can’t think of his name now, and you would have thought that you have a life for, life, third guy to walk on the moon, and he says, Dan, the first guy has a job for life, second and third walking on the moon is no big deal.

2:40:10 No, I’m telling it was a big deal, I’m telling how goddamn dangerous it was, but you know, you can’t, you know, you don’t get big money for a second and third place, so you got to stay on your game is what you’re saying. Yeah, and that’s why I enjoy seeing you improve it continuously, and and you know the world still your store, and more importantly transcending you to the kids, the world is their oyster. God, kids, please take advantage, you may never see it this good again, and they’ve never seen a bear market.

2:40:44 Yeah, that’s when the tears come out and the real opportunity is. Correct, right. I can’t wait until you’re teaching QLA in the bear market, I think that’ll even be more interesting. Well, I’ve already got some idea, but the, I don’t think that’s gonna happen anytime soon, anytime soon, but I will, I mean I’m sure I lasted to the this bull phase and then I’ll, you know, and I happen to be healthy, extremely healthy, so it’s not likely that’s gonna happen, cuz you never know, you know, I might get hit by, although I got hit by a buffalo, I might get hit by a truck crossing the street, forgetting I’m in London and going stepping into the wrong way in the traffic, but that’s not likely, somehow I just don’t think that’s good.

2:41:25 No, no, no, no, no, and you know that too. Yeah, and I was worried, and when you went in the Tube last night I said, well, maybe we should walk with Brian, you know, what’s I’m gonna mess with me. Yeah, yeah, well I mean, but the kids don’t want to kiss your ass, but that’s not likely, the, you know how many autographs did you sign going home the other night? None. No selfies, no autographs, none.

2:41:44 No, and no one ever messes with me, no messes with me, they don’t come up and say, oh, you’re Brownie, and they do that. Yeah, that’s what I felt, me though. No, no, no, no, no, yeah, they do, they come out and say, Brian, you sold out, Dan Peña, you changed, you look at the way you dress, we missed the ayahuasca days, and were they in their lives. So thank you, Dan, and people always don’t know how mentorship really works, and then I’ll just finish on this one note, is that, you know, I see you for dinner three or four times through it, three or four times a year, a, I’ve always have a great time, you and Sally, and you know, usually it’s a few sentences and a few words, and that’s how you give me your feedback, and sometimes like I get some emails from you, like I did for Ironman, and you know, they really make all the difference, so good, thank you for that.

2:42:27 That’s it, that’s how it should work, and it’s nice to see you on the top of your game, it’s nice to see you out there offending as many people as possible, that’s got to be the metric on whether you’re being effective or not. No one else seems to understand it. I’m sure we upset a lot of people tonight, and that’s okay. And so thanks for being a part of this journey. One question for the audience, for those of you that want to see me on the Howard Stern email, I’m and pounded sweaty called because I want to get out of there and choke them, metaphorically speaking of course.

2:42:56 Thank you, Dan, you’re an original. Okay, thank you, thank you, sir.