# How I Lost $217,000 on A Day Trade & How I Trade Now

## Метаданные

- **Канал:** Alex Hormozi
- **YouTube:** https://www.youtube.com/watch?v=c5Lw12PXkgU
- **Дата:** 19.05.2021
- **Длительность:** 9:44
- **Просмотры:** 12,348

## Описание

Download your free scaling roadmap here: https://www.acquisition.com/roadmap-yta77
The easiest business I can help you start (free trial): https://www.skool.com/hormozi
Business owners: Want to scale faster? We provide in-person advisory for companies doing at least $1M per year: https://www.acquisition.com/workshop-yta77

If you're new to my channel, my name is Alex Hormozi. I'm the founder and managing partner of Acquisition.com. It's a family office, which is just a formal way of saying we invest our own money into companies. Our 10 portfolio companies bring in over $250,000,000+ per year. Our ownership stake varies between 20% and 100% of them. Given this is a YT channel, and anyone can claim anything, I'll give you some stuff you can google to verify below.

How I got here…

21: Graduated Vanderbilt in 3 years Magna Cum Laude, and took a fancy consulting job.
23 yrs old: Left my fancy consulting job to start a business (a gym).
24 yrs old: Opened 5 gym locations.
26 yrs old: Closed down 6th gym. Lost everything.
26 yrs old: Got back to launching gyms (launched 33). Then, lost everything for a 2nd time.
26 yrs old: In desperation, started licensing model as a hail mary. It worked.
27 yrs old: "Gym Launch" does $3M profit the next 6 months. Then $17M profit next 12 months.
28 yrs old: Started Prestige Labs. $20M the first year.
29 yrs old: Launched ALAN, a software company for agencies to work leads for customers. Scaled to $1.7mmo within 6 months.
31 yrs old: Sold 75% of UseAlan to a strategic buyer in an all stock deal.
31 yrs old: Sold 66% of Gym Launch & Prestige Labs at $46.2M valuation in all-cash deal to American Pacific Group. (you can google it)
31 yrs old: Started our family office Acquisition.com. We invest and scale companies using the $42M in distributions we had taken + the cash from the $46.2M exit.
32 yrs old: Started making free content showing how we grow companies to make real business education accessible to everyone (and) to attract business owners to invest or scale their businesses.
34 yrs old: I became co-owner of https://Skool.com, which is a platform for people to build communities online, making a living doing what they love, with people like them.
36 yrs old: I did a $106M book launch selling 3.6M copies of my $100M Money Models book, in 72 hours, breaking the Guinness world record for the fastest selling non-fiction book of all time.

Today: Our portfolio now does $200M/yr between 10 companies. The largest doing $100M/yr the smallest doing $5M per year. Our ownership varies between 20% and 100% ownership of the companies. Many of them we invested in early and helped grow (which is how we make our money - not youtube videos).

To all the gladiators in the arena, we're all in the middle of writing our own stories. The worse the monsters, the more epic the story.

You either get an epic outcome or an epic story. Both mean you win.

Keep crushing. May your desires be greater than your obstacles.

Never quit,

Alex

DISCLOSURE
Information shared here is for educational purposes only. Individuals and business owners should evaluate their own business strategies, and identify any potential risks. The information shared here is not a guarantee of success. Your results may vary.
Copyright © 2025.

## Содержание

### [0:00](https://www.youtube.com/watch?v=c5Lw12PXkgU) Segment 1 (00:00 - 05:00)

what's going on everyone my name's alex from ozzie and i am the host of the show owner of allen prestige labs gym launch 120 million in sales um in 44 45 months what i want to talk about today is something that i think is really important i get a lot of questions about and it's about long-term short-term investing some big pitfalls and i just want to share with you some of the mistakes that i've made in this kind of transition that i've been through going from kind of ceo to kind of investor slash capital allocator right so the first thing is i want to share some some stats with you that i found really interesting i think it was fidelity uh did a study it was either fidelity or charles schwab did a study on which investor profiles and activity yielded the best returns in terms of total portfolio value right and this was in stocks and they found that there were two categories far outpaced everyone else let me tell you what they were the first and highest performing portfolio activity were people who had purchased stocks and then died and so as a result there was no more activity in their account and their accounts outperformed everyone else the second highest were people who purchased accounts or purchased stocks for the account and then had forgotten their password as a result had not done any trading and so for me i think this is hilarious because it shows credible flaws in human judgment and it also shows the power of compounding growth when buying businesses in general because then you just get exposure because if you think about this from across all of the accounts that they have then then they have equal exposure to ups and downs etc so across all of those accounts which is just like taking an index of the market the people who do the least amount have the most money in the account now what i want to do is explain to you a mistake that i made probably like two weeks ago that cost me shoot i have to do the math it probably cost me 200 grit yeah it tossed me 200 grand all right so here's a 200 000 mistake that you don't have to make and i'm going to walk you through the math all right so what i was doing um is i have in my quote portfolio i guess it's not a quote portfolio it's my portfolio um i have three to five percent of it uh in investable assets that i candidly i just play around with and it scratches my entrepreneurial itch and just me being a human being 95 it's actually 97 of my uh worth is in really stable stuff all right but i want to talk to you about the five percent so here's the difference between holding versus trading all right and this is something that is massively underlooked and i'm hoping to at least convince one person who's listening to this that if you look at the math you see how quickly you shouldn't do you shouldn't try and beat the market um by pi by trading all right and so here's the first reality is that there's huge quantitative firms that have hundreds of analysts who are trying to beat you and they make their money doing that um but the second one is a simple hundred dollar example all right so let's say you have a hundred dollars all right so this is our initial capital all right i'm going to give you two scenarios that we're going to walk through so in scenario number one we're going to have our day trading example and let's say that over x period of time you do really well now i'm just going to ignore the fact that most people just going to lose money all right so that's probably like 75 of all of us are going to mess up somehow and think we're going to beat it and end up you know i'm going to quote by the dip and then it just goes down by another 50 right but let's just assume you double your money all right so your 100 becomes 200 all right everyone's cool so let's just say that happens over a five-year timeline whatever all right now the point here is that uh it doesn't really matter because if you're in this as soon as you are doing this through trading then the capital gains treatment gets thrown out the window and it becomes regular income all right so you're taxed differently so this hundred dollar gain right that you have here from 100 to 200 gets taxed at uh 45 you know 43 whatever it is and so you have a uh an additional let's see here so that means that after this whole period of time you're gonna be left with a hundred and uh 40 sorry 155 dollars all right sorry about that 155 dollars which are left after tax all right post tax now don't worry i'm going to show you a third scenario in a second the second scenario is you do it and you instead of trading that whole time you just earn the same amount 200 100 turns to 200

### [5:00](https://www.youtube.com/watch?v=c5Lw12PXkgU&t=300s) Segment 2 (05:00 - 09:00)

and candidly the my all my passive stuff is out has outperformed my active stuff which is hilarious but uh which just confirms this for me which is why i'm making this video all right so let's just say that you still you make the same hundred dollars all right we're good there hundred dollars but now it's capital gains all right so instead of being left with 155 dollars we're now left with 180 wow well that's bigger but let me show you and this is the thing that kind of blew my mind because that's why i love looking at the math so much is well then how much would i have to gain from day trading or trading on shorter terms or swing trades or whatever um for this to be worth it right how much extra money would i have to make to outpace the fact that i'm getting this regular income tax treatment on my income all right so here's what's crazy so in order for me to get to net eighty dollars right i would have to take that hundred dollar investment and turn it into i did the math earlier it's um uh 245 dollars all right so that means that i would have to my growth here would have to be 50 you know 45 higher right isn't that crazy in order to yield because that times the regular tax treatment gets me 180 dollars all right so if i'm comparing the two things if i want to be left with 180 option one is i buy something and i forget about it and then later if i you know five years later i'm i sell it for whatever reason and i am left with 180 because i only had to pay capital gains on it in scenario in order for me to just match that not even beat it i would have to take my hundred dollars and turn it into 245 and then sell it and this is obviously this whole time you're continuing to flip things and buy things right and then after the regular income tax i'd be left with 180 all right and so when i saw that illustration it became so obvious to me because i had some decent gains in something um and so i decided to sell it and i actually ended up selling it at a good time uh because it ended up going down cause i felt like i was getting overvalued um and so i thought i felt pretty good about myself right and what ended up happening is uh the thing ended up coming back up to exactly where i had sold it uh again and so if i had literally just done nothing then i would have more money because now i have to pay uh taxes on regular income because i sold it within a year and mind you again guys this is on my three to five percent i don't touch anything that's not that all right so i'm just being very clear and candid here nor do i recommend you do that so if you need the look itch then i would say put your put three percent aside um for pure speculation which is just like i'm which is basically just saying i'm a human being and i'm an idiot and this is how i can manage my idiocy um but when you see the math spelled out like this between this is what smart people do and this is what dumb people who don't make as much money do then it makes me so much more inclined to just do what smart people do and take all of that extra time and just do something else or just make money with my extra time um one of my good friends he uh i've known him for 20 25 years and when i met him he was i think he was managing i mean maybe five million dollars like not which in the finance world was not a lot for management um and now 25 years later i think he manages 3. 5 billion he's one of the most stable people that i know and when i talk to him about this stuff he's like you need a hobby and so i guess the message that i have for everyone is maybe get a hobby and just let the money grow and pretend you're a dead person and if you can't then throw away your password uh or give it to somebody that you would be ashamed to ask for your password back uh so that you just don't touch your stuff uh because ultimately you'll probably be you'll probably end up getting higher gains a and b you'll get tax less on those gains so i hope that was valuable for you i hope this makes sense i hope you get a laugh out of my 200 000 mistake that i just made in the last two weeks um keep being awesome lots of love like subscribe and leave a comment and i'll try and get back to everybody who does so keeping awesome catch you soon bye

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*Источник: https://ekstraktznaniy.ru/video/16676*