[000:00:00;00] to teach children from a young age, it still comes from childhood , i for my part would like, you know, to love plastic more, because in fact it is a very social material, how much people suffered to get normal clothes, normal dishes, especially people in poor countries, thanks to science, thanks to... thanks to chemistry, physics, we managed to get a very cheap, very simple remedy , which, yes, clogs something somewhere, but on the whole it rather helps us live and live comfortably, yes, with you were a podcast from schrödinger, and i am its host grigory tarasevich, editor-in-chief of the popular science

magazine schrödinger's cat. and we talked about plastic, how beautiful it is and how dangerous it is, our guests alexey removich khakhlov, academy of crane, head of the department of moscow state university, and yulia ch, artist. hello, this is an easy money podcast and i am its host, mikhail khanov. today my guest is maxim temchenko. hello maxim, personal finance expert, ministry of education, author of six books on the topic of investments. actually, the main question is which now interests, well, almost everyone, how to become an investor? let us talk about what an investor is in general, yes, how he differs from a speculator, how to get there, whether to learn

on your own. gain knowledge, well, let’s talk about everything in order, let’s start with the first question, is an investor for everyone, or is this a type of profession that, well, let’s just say, not everyone can probably master it, great, well, let’s probably start with the definition investor, who is this, there is a stereotypical understanding that an investor is the person who makes money by investing money somewhere and getting this profit, this is wrong, this is not entirely correct, not entirely correct, i would say that there are probably two types of investors basically: the first type, well, let’s say, the real one type of investors are investors who invest money in something that brings money, in a business, for example, an operating one, or there is such a very serious definition that an investor is a person who invests funds in business objects, making a profit from this, receives a share of this profit, that is, in other words, a real investor is the one who invests money in what is, well, a money machine, in a stereotypical understanding, the investor is the one who invested the money, as

they say now : raised several x's by two, three, five, 10 times, received , let's explain for the audience, ixs - this is when you had one ruble, you bet to multiply the sign, well, either x by two or multiplied by five, there then you choose what you like best, it’s called ikhsy, but in the stereotypical understanding that an investor is someone who screws up, that is, multiplies it by two, three, five times, that’s probably why the topic of investment is, and that’s probably why the topic is investment, it’s just so desirable that i have it there now 100,000 rubles, i’ll invest it in the concept of investor, this is not entirely correct , here the concepts of investor and speculator are probably confused, here, probably, the first thing you need to do for yourself is to make a decision about what an investor is, what is a speculator, an investor invests money makes money when he invests, and a speculator makes money when he sells, well, you understand, maxim, that we grew up with fairy tales, which ones, we grew up with , that there is always a baba yaga, there is always a firebird , but the worst is the gray

wolf, which will certainly devour you. horse, but then he will provide you with everything you need, and even better with a pike, yes, that is, you lie on the stove, speak according to the pike order according to my desire, then all your dreams come true, another hen that lays golden eggs, a hen, and which you still constantly want to make broth out of it, yes, that’s actually how far these stereotypes are, yes, well, we’ve already started answering this question, they play a bad role with those who want to become an investor, because i i understand, from the context of your words, that there are no easy exes, well, there are professionals, because let’s look at what investment is in a simple sense, it’s bought cheaper, sold more expensive, and we are always in a market where uh, there are a lot of people who want to buy cheaper, sell more expensive, and several super-professionals, so it turns out that amateurs who want to invest 5, 10, 50, 100,000 rubles will always play with professionals who rule billions, they will always lose to these professionals, because billionaires have to earn money somehow, you know

, i give this example when they ask me, well... mostly quite wealthy people there, my son graduated from oxford, harvard, eel, there you need to emphasize the ma, so all his life he dreamed of trying himself in the stock market market, talk to him, please, and after there... talking to you, people call me, listen, well, you set his brain right, he says what you told him, and i tell him the following, that the young man, let’s say, you received an excellent mathematical education, then you sit in front of a screen with a graph of stock quotes and want to make money on this, i say, just let us remember that on the other side of the screen, not an electric cord, but on the other side of the screen there are huge amounts institutional banks, yes morgan steny gp morgan, bank of america. there are hundreds of people just like you, only doctors of science, and not graduate students, they have tens of billions to research the technologies that they will test on this stock market, so you are trying to win ahead, as a rule, after

this a cut-off occurs, well, actually, that’s where the criterion is, that this is mine or not, or it’s not even worth starting, it happens , like a mindset or interest, to understand this, just here’s a very good example about professional... analysts who sit on the other side of the screen, they devoted a huge number of years, and accordingly, to professional education skills , yes, experiments, experience, in order to understand how it works, if there are such natural talents, to understand these numbers, there is technical analysis, fundamental analysis, a lot of this, then plus time, plus time, then maybe yes as a response, but it takes time, you can immediately remove the fact that in the next month or even a year it is almost impossible to become a professional in this field, that there is... if you devote half your life to this, as in any basically professional activity, let ’s immediately take off all the rose-colored glasses when people come and say, you know, i took stock exchange courses there for two weeks,

i was taught everything, i want, i say this: guys, imagine, and now, without any analogies, absolutely, that there is a war going on somewhere on another planet, but here is a war, you come to the air regiment and say that guys , i completed a two-week course on a simulator, i am in front of the screen knocked down a bunch of enemy planes, let me go into battle, i’ll show everyone who’s boss here, i say, young man, you won’t even take off, you won’t even take off, that is, you’ll be shot down right on takeoff and you won’t even understand that happened because you will no longer exist, let’s start from scratch, that’s it, the man listened, let’s say our program, let’s flatter ourselves, and he said, you know, i like it, i want to, i want to start, yes , i want to start, i want to learn , it doesn’t matter if it’s not the stock market there will be, maybe some kind of market that is not moving. so i want to, where should i start? if i were in this position, i would recommend making a decision about investments, there are two formats of approach, the first approach is professional, that is, becoming a professional player in investments,

for this, like becoming a professional in any field, you need experience, competencies, training, yes study a lot and for a long time, absolutely right, 5 years is the minimum that needs to be devoted in order to truly earn money from it adequately and predictably regularly and predictably, 5 years, this is the first option, so , the second option, and investments are like parallel activities, by the way, many people perceive investments this way, like i’ll work there, well, roughly somewhere at my job, and i’ll increase investments there and making money, this is also possible, but there is one important condition, but you also need to study, maxim, absolutely right, well, here i am, here are the principles, and either you can earn money like a professional, that is, be an active investor or be passive an investor who transforms the deferred accumulated money, which by itself works there passively more conservatively for oneself, this is how it can be here, for example, in a management company for trust management, or for example, the same bank deposit, well, conditionally, just a very simple comparison: you save money, you

put it aside for a bank deposit, a bank deposit earns a percentage, by the way, this is very good, but i’ll just give the form, i’ll give the formula 150 is called a very simple formula, if for example you want to have, well, roughly a million a month, you only need to have... every month at 8% per annum there will be millions per month, well, this is actually a great example, because this is the most important question, that’s how much money you need to live, i say this , that my dear comrades, it is so, well, relatively speaking, you should always take risk-free income as zero, as a phase, as a base, it is clear that it is also risky, but there for 100% only to it, as i say, yes, here we say that conditionally we assume that risk-free income is obligations of our state, yes, this is a federal loan bond , this is, as you correctly said, 8% per annum, and this is really a risk-free income, because bonds can fall, they can rise in price and so on, but when

the time comes, well there is such a term of duration, and that is, repayment, when the state returns the money that it borrowed from you, paying this eight percent coupon annually, and so at the time of duration they will give you exactly as much money as is written on this piece of paper, but why? coupon, yes, before it was really a coupon that came off there in the nineties and like a ticket there in the theater, yes there, now it’s in electronic form, it’s absolutely true that what ’s wonderful about this method of investment is that here it’s really completely passive. which is actually a more conservative method than a bank deposit, you will agree, because the risks of the state, yes, they are lower than the risks of a specific one, so, this is the same, as everyone likes to say, passive income, yes, everyone says, well, it’s clear , yes there are 150 million, where are they take, then where to start, right here , well, the most important principle of an investor in general is to invest your money, an investor who invests not with his own money, borrowed money there, credit money and so on, is not an investor, he is an entrepreneur, are undertaking bought cheaper, sold more expensive, that is, an investor who invests with borrowed

money, he seems to borrow cheaper, and sells interest at a higher price, he is an entrepreneur, he is not an investor, and as with any business transaction, you need to have an entrepreneurial mindset, i think that the richest entrepreneurs in what we are talking about are those who print the book poor dad, rich dad and sell it, and also a broker, a broker - yes, a broker is someone who makes money on investments , these are definitely brokers, on a percentage of transactions, look, maxim, come on, after all, we are with you now , that is, the first thing is to choose the right school, where they will teach you, what criteria to choose a school by, i would generally recommend always studying with several, not just one school choose, but several for comparison, the criterion of a vocational school, which criterion is the first - this is the reality of training, the lifespan of the activity is not, i would say it exists for a month or a year, not that’s very little.

only i would recommend that over 5 years you consider the second thing, which should immediately scare away or attract quick results, well, like there , become an investor in a month, for example, this is complete nonsense, then a guarantee of some results, that you are guaranteed to earn, for example, 20 % per month, that is as soon as it gives some kind of guarantee, this is immediately an anti-method, so they wrote it down, which means the lifespan of the school’s activities, the second is the promise of quick results and the third is their guarantee, a guarantee of investment, respectively, if we see one... we immediately cross it out right away, this should immediately very alarming and pay great attention to the following - these are real reviews in a good way, it would be good to go to some networking events, some companies, events where you can meet real people who have been trained at this school, who have real result, if this is, for example, only on the website of this company, well, i mean that there are reviews and cases, then this should be a little alarming, these cases, reviews being reviews only on the website of this company, this should... but it should be a little alarming, because

, as you understand, who writes them there, yes, well, actually, well, it’s better to have a personal acquaintance, that is, to have a personal one, that i went to such and such a school there, i can recommend it, do you trust this person, naturally, yes, the point is that investment is still an investment of your money, i believe that your money that is invested is the hardest money, you need to earn it, you need to put it aside, save it later and invest it correctly, not lose it, so here the criterion, well, as if for selection before investing, it should be very, very , well, let’s put it this way, with advice from our previous programs and from personal experience, you know, when you spent money from a credit card, yeah, but when you spent it, you were sure that you needed it, yes, or some things, or some trips, or something else, well, it doesn’t matter, yes, it’s there were some investments, let's call it that, yes, in yourself, or in your friends, or in a company, or in a lifestyle, it doesn’t matter, yes, but in any case it is an investment, yes, and now the moment has come when you earned this money, that is, you received a salary or were paid one-time. or something, just imagine yourself, here you have an empty card

, well, what’s 50,000 or 100 on it for a long time, here you have the money you worked for, and now you need to put this money on the card, and you understand that in an amicable way they are not yours, they close this card all the time, this is a very big problem with credit cards , then in the end, after three to five such iterations, you begin to mentally consider this money as yours, it’s just that it will lie here for now, well, they’ll write me off this percentage, but they are mine, here. this is a problem, because there is always the last step, well, imagine that i came to the bank and said, that’s it, we are closing the credit line, in professional terms, and this is my money, and you need to tell me how i’m so used to it what is this one a hundred there it is in this turnover of mine, just to understand the attitude towards investments, yes, you have to imagine , it is not familiar to you, but imagine that you are paying off your credit card, you should treat these in approximately the same way money, and there is also a way to calculate how much time this money costs me, for example, let’s take for example, a person 50,000 rubles. saves 5,000 rubles. yes. per month, yes.

it turns out that in order to invest 50,000 rubles, he needs to work for 10 months. 5,000 is okay. yes, yes, just to get a little my head will immediately calculate that this 50,000 - i worked for 10 months before investing it, and if i lose it, i will have to work again for 10 months. therefore, the main principle of investing is not to lose money, this is number one, not to increase it, and the main principle of an investor is not to lose. why is this important because the majority. just investment instruments, any people who offer investments, they just focus on the fact that earn, earn, earn, multiply, multiply, multiply, and draw graphs y = x, here are the lines, that’s all, and the brain perceives this way, it looks at this picture, how can i? earn a lot of money, he switches off and the risks are practically a joke about a horse that fell a meter before the finish line, he says, well, i couldn’t, well, i couldn’t, this is an easy money podcast, today my guest is maxim temchenko, personal finance coach, investor , you can see all episodes of the easy money podcast on

the channel one website, from your real stories, maxim, what amounts do people come with, i now i’m not asking about success stories, but there’s 1,000 rubles, and now he’s a millionaire, but the real story is when people really made this part of their income, what amounts they started with and how long it took them to get there, i’ll tell you so that the question about investing begins with a request when there is a savings amount of 1000, i just noticed this bar, from 100,000 rubles people start where to invest, like i have 1000 per second, how much do they spend per month, well from 100 too, too from 100, that is, relatively speaking, you must accumulate an amount, mentally, yes mentally, the amount of your... monthly spending spending spending well, or spending spending income can be any by the way , a very important point i recommend, well, just from experience, investing the accumulated money can be the crazy money that came, well, conditionally, i don’t know, they received an inheritance or found some kind of treasure, and a bonus of 100,000 came and i have 100,000 extra, i’ll go invest

, i categorically insist on investing exactly what i’ve accumulated from with ease, it went easily, it came easily, and when you save, you save, you save, you collect, you collect. you collect money, then they seem, well, like they belong to you, they are more, more like relatives and there is more to them, uh, well, this is the feeling for security, the russian people have such a fairy tale, remember how rich dad tried to teach his son to work and gave him to the village itself, somewhere there to work, yes, but since everyone there knew him as the very first guy, there was a millionaire merchant in the village, it is clear that the boy did nothing, a month later they bowed to him there, with respect they gave me a gold piece, my father looked at all this and said let’s go. they come to the bank of the river, he takes this golden one and throws it into the river, and the boy calmly sees him off, but the golden one flies away, then he takes it to the neighboring village, he thinks, well , everyone here knows, but there, too, everything was already full of rumors , there, too, the boy did nothing and a month later they gave him a gold one, his dad threw him into the river in the same way, his son saw him off in the same way, then he took him 3-9 lands away

to the farthest one, where is there anything about him? no one knew, no one could hear, and there the boy was tormented like a cider goat, he got up there in the morning, milked the cows there, harvested the crops there, sowed and dug, his hands were calloused there and so on, in the end he said, yes, listen, well done, guy, they gave him a gold one too, and when dad took the gold one this time, he wanted to throw it away, the son grabbed his hand and said, no, dad, i got this gold one very dearly, that is, in fact, this is how you can feel how you feel they said, that is , having saved up, accumulated your monthly budget expenditure for you or your family, you if you take this money seriously, you will mentally have that same basic criterion of risk... which will not allow you to easily part with this money further . i have another small one like this, here’s where to start, here’s the training investment i would divide investment into two parts, namely education: the first part is investment strategies in general, portfolio investing, to understand what kind of investor i am, what investments are suitable for me or not, whether, for example, the stock exchange or

real estate, or, for example, cryptocurrency, is suitable for me, well that is, comprehensively, so in the first, for example, investment school, i would recommend considering the school that teaches exactly... plus the psychology of investing to understand where i should go next, but if it’s not a secret, open a couple of things there techniques, how you find out there or your teachers find out how predisposed a person is to what, to what type of portfolio, this is a test, what is it in general, well, yes, first of all, this is a risk, in general a risk profile, what is called professional language, risk- profile, how, how aggressive an investor can be, very simply, how much he can lose money, well, that is, how much money , we, for example, have a game where a certain bet is made and after several bets the result is obtained, there are people who are there, and i’m 50% there, then he literally goes bankrupt in 3-4 years, i ask, and as he says, there’s something i don’t like, that is, initially he seems to be very risk-averse, but in fact, when he loses all his money, he gets very hurt, i i say, look, what if it was

real money, how about that? no, i don’t want that, it means the apparent risk profile, that it seems i’m gay, i’m a superhero in short, i can handle anything, yes. then, for example, with real investments, it’s very simple, for example, when you buy a stock, if you climb every day , look how much it costs, then you have a reprofile, well, very low, you can’t, but if you bought it, you kind of forgot , after a month you look, you don’t care how much it costs, then it’s already like a more conservative investor, maybe, well, either a year later, when it’s time to pay dividends, by the way, let’s find out, you know, as i say, here’s the criterion , they tell me, this is how much you need to earn on the stock exchange to consider yourself successful, i say: earn more than inflation for 10 years, and i personally will bow to you and say that this is super success, super success, by the way, one of the foundations of investing as such, this is always an investment. they are measured by investment periods for what period of investment for a month or investment for 10 years, if we are talking about

investments in their fundamentals, well quality, then this is a long-term investment, but let’s talk a little more, having already created specifics, according to your practice, according to the practice of your students, according to your personal in the twenty-second year, what you could make money on, and almost all shares, if you take - after after they fell, if it was necessary, look, maxim, it was necessary to sit in the cache, and in the cache and wait. let’s say we successfully sold everything at the peak in january and decided to take a break, then the specialization began , the shares fell well, and the exchange did not work for a month, we bought them, and i’ll tell you how professional, that in september there was still a drop in some shares lower than where you would have bought in april? well, in general, if you take it for an ordinary investor who is in the market, then you could take the same index there, well, that is , how much percent you could earn, 30 percent, the entry point was at the end of september for gold a good entry point, there gold stood at 1.670, there it rose to 200, you

could buy gold, and the interesting thing was that the dollar exchange rate was low, but it the same as gold as a quasi dollar, well, that is, for what reasons could you buy gold , taking into account the fact that the us federal reserve system, the us central bank, has been raising rates for a year now, and gold, as you know, is affected by such tightening actions, in smart words , monetary credit. that is, by withdrawing money from the system, gold ceases to pretend that it is a fighter against inflation, and it grows, and gold also falls, in fact, it fell exactly on this, and there are preconditions for the fact that, well , money printing is supposedly planned, or at least least weakening, there was no weakening, there still isn’t, that is, according to the latest data on the us economy, which is one of the determining indicators for credit policy, including gold, they will raise the rate back in june, well, gold is here... in first of all, it was considered as a peg to the dollar to a greater extent, so if we say, maybe the other way around, as a move away from the dollar, yes, after all these discriminatory steps with which they

discredited the currency as a currency, yes, if we take the world one, if we take the ordinary one , well the average person who would like to save money, who expects that the dollar exchange rate will rise, then gold is an inexpensive price, it turns out, plus the dollar, the dollar exchange rate itself was cheap, so here the entry into gold was just very, well, like that, well it was necessary to be an expert, maxim, that is, we are talking about gold, i will add that it was possible to buy federal loan bonds very cheaply, because after the start of the special operation, when, well, in simple terms, you remember what the rate was 20%, i must admit that the russian central bank the federation simply accomplished a small feat in the twenty-second year, keeping the system completely under control for 6 months. rate to where it was, and further, well, sufficiently ensuring

the stability of the financial system, and so the bonds fell by 20 percent, this is the very option when you could buy a bond not at the issue, but when it fell in price, because the bond every time , i will remind our audience that a bond has its value; it is equal to its face value only at the time of its redemption, that is, when the state gives money, so relatively speaking, a bond worth 100 rubles could be bought for 80, even 75 in april, but everything has become cheaper there, including bond shares, and the state would give you 100, by the way, also another moment for those who , for example, maybe he doesn’t understand either bonds or stocks, it’s true that there were short deposits with very high rates, bank elementary 18%, so if it’s just for the average person who is there, this, by the way, is also a mistake, which people did in in 2014, when in the fourteenth year the dollar jumped there from 30 to 60 rubles , they were waiting for a default, yes, there at the peak of up to eighty, people took money from banks, stood in line at atms there, they took

money from the bank, although the banks gave a deposit of 20 %, a similar situation, i withdrew money from the market, specially opened a bank deposit, so that later i could show the children 20% per annum, 20 exactly, i think, because it will never happen, here it was again, yes again it was 20, 21 even was in the fourteenth , well, when i was 20, i opened a deposit, annual, not six-monthly, but annual, are you crazy? got off now. there will be a default there, no, and then the bank persuaded me after six months, mikhaiovich says, let’s terminate it, no , don’t, i have an annual deposit, what article will we terminate, i basically held it until december, i got my 20%, i have one of the uh well, practical investors, a rich entrepreneur i know, in 2008-9, i don’t remember exactly, the eighth or ninth year, and he made a five-year investment at 15% per annum, when there was also such a story, at 15% per annum, five years, well, he there were good sums there, and he... said 15% per annum directly calculated how he was there every 7 years , it turns out that the bank has the right, as stated in the contract , to change the interest rate annually

unilaterally, because i had an annual contract and everything was written there directly according to the agreement, that’s good, success stories can be shared, by the way, i just want to give a comment here , just to the point that when the crowd goes and does something, at that moment investments, when against the crowd, for example, the crowd comes and takes away money from banks, that means you have to go to the bank, well, just like everyone else goes to an exchange office to buy dollars, a professional at that moment sells them, when you go against the crowd, here it’s about the psychology of the investor, and one of the most important is such stable facts or. .. the foundation and the investor is the ability to cope with their emotions, when, for example, everyone is buying in a rush, to cope with emotions with their greed and sell there, for example, or vice versa, when fear everyone is selling, well, yes, let's write down a life hack when the crowd is already is at the peak, either positive or negative, yes, that’s accordingly , then in the first case you need an entry point to sell, and in the second case, an entry point to buy,

the premiere of the season, the newspaper is true, please, look what they write, everyone may become a victim of a cult, soviet pagans make sacrifices throughout moscow. vanya, what are these signs, who are these people? we urgently need to look for who is working for her, so is ivan petrovich happy? the last thing you suddenly do is this? cherkasov's latest case, take my hat if it's a sect? bail, maybe let's work, comrade, from monday, after the program, first time. give him a brief description and professional qualities. umion, so, good reaction, brilliant command of german, i was born in

a ural village, i am from a christian family. well , he’s very self-made. now every day i will kill a colonel, my character is rather weak , it seems to me that he is very eager to add, what’s the matter, eliminating the kokh is of great political importance, is it worth risking such a valuable agent for the sake of eliminating the kokh? based on real events, a real intelligence officer must be ready for anything, on the razor's edge, the premiere of a serial film, soon on the first, he is the enemy, and you fell in love with him like a cat, you get pleasure, it's time to recharge, the thyroid gland, the battery

of our body, cheese from the mountains, how to choose the right one... we’ll help fill the eyes with bleeding in the eye, the program is to live healthy, looks at everything through the prism of nauti, on monday, on the first, this is an easy money podcast, and today my guest is maxim temchenko, investor, personal trainer finance, twenty-third year, what tools would you pay close attention to, you know, like this internal closed... information from professionals, what period? a year or more? let's take the year before the beginning of the summer of '24. well, okay, i’ll probably share my approach, what i do more , what i’m doing now, i have a position that’s in securities, i have a position that’s in cash, a large position, there’s more than 30% of my portfolio in cash, i’m waiting income opportunities, russian

stock market, blue chips, second, third tier, first second tier , and the segments, well, let's be specific, gazprom, sberbank , mechiel, uh, rosseti, now fsk, which they switched over there, about the same, or you have your favorites shares and i have a lot of russian networks, a lot of gazprom, a lot of sberbank, that’s where you believe in gazprom, even after the report that came out, that is, the report, we just talked with experts on china, on gas, my strategy is no longer speculative , more investment, well long-term, so long-term is like a year, well, five or five years somewhere, well, we ’re talking about a year, if about a year, as long as i remain in positions, if we talk about securities, i remain in positions. so nothing, i don’t sell, i don’t buy, i made a lot in my time, dividends are an excellent bonus, yes, yes , because you and i use, you know, as the same buffett taught when investing in coca-cola, i use it i drink every day, i invest there, you and i call the consumer sector every day, it is in any case, and then communication is the future, this is communication, this is a transfer of data, well, i have my portfolio in a long-term investment strategy of capital accumulation in order to live on passive

income, there is a very rich pension, i have active income, which now i do not allow myself to rely on a direct investment strategy, i directly force myself to be active i can do more with income, although i can live on passive income, i can live on passive income, i have enough money for this, and i save even more - for the future. accordingly, my position is such that at one time i tried to study there selling, buying, seizing the moment there and uh, the results were very bad , i will say this, so i chose the strategy of just buying and holding, living on dividends, dividends are very pleasant, i have several million dollars in capital, well, in management in the market and accordingly, there is a part of the capital that i keep in cache, i periodically consult with various experts who are in the market, sometimes i listen to contradictory recommendations, i now rely more on the strategy of the fall of the stock market as russian and american, i keep cash in order to enter at good levels, respectively, that is, to look for opportunities , you are considering what - let's say, well, not

the horizon, but the level of decline, how much 10, 15, 20%, well, 20- yes ? you know how they say that the market can be as illogical as you like, much more than yours there’s enough money to prove it back, so i have some in positions, i hold them, i don’t sell them, i don’t go completely into cash and don’t bet on it, that is, i have an entry point somewhere around summer, autumn, we are waiting for autumn, we are waiting for autumn, right? we’re waiting for eight, oh let’s do this, i’ll also share my own observations, i adhere to absolutely the same position, moreover, i ’m perplexed why the market is still so high in the states, and when i hear all this

talk about default, well may they not forgive me professional, professionals will understand, i’m saying what a default , guys, your snp 500 index is at the level of 4,200 points, this is the maximum since the beginning of the year, if there was even a slight smell of default, a smell yes, then all this would be for those who is serious about the us default, calm down, yes, if briefly there will be no default, all that is happening is a struggle for the budget between the party that is in power, in this case, the democrats and the party that is in opposition, in this case, the republicans, this is a fight over taxes for those lobbying enterprises, in this case for the defense industry and oil production. and what we will never know about, in individual states, there are huge preferences from the state budget, individual senators receive preferences for themselves, thus exciting the public, yes, although for those who are completely upset by the default, this scares them

word, but there was already a week-long default when comrade obama, he stubbornly said that he would not give up the health insurance program and health insurance for his citizens to be torn to pieces, yes, the republicans did not receive any preferences, but the country went into default this week. for a week the poor senators did not receive their salaries and the toilets at gas stations were still closed, because they are federal property, it turns out to be a very interesting moment, well, somehow we survived, but a week later, this is how we should treat the default, the market shows it’s practically worth it, well, as speculators say in the highs, in the highest positions, but the fall we and maxim and i associate with the fact that it still continues, this is the very a rate increase or a reduction is definitely not expected, because inflation in the united states is not falling. here, which, by the way, is about 5% of consumer inflation, money, autumn, yes, autumn, why, because there is such an event at the end of august, usually there is a meeting of the annual center of bankers from all over the world in jacksonhole, a small town, there is

one in the usa where everyone share their thoughts about what the next two quarters will be like until the end of the year, then in september there will be another meeting of the federal reserve system, and i think that that’s where we are waiting, probably after all , there really will be a decrease in isolation. i’m already dizzy from this, and i think that next elections await us not only in russia, but in the usa, and there they will definitely accelerate the market in order to show, look what wonderful managers we are, we not only defeated inflation, we everything is fine, every housewife can become an investor, i think that autumn is indeed a good entry point if you are ready, like maxim , to invest for three, five or more years and live on dividend income. last question, maxim, please share what you do to motivate... yourself for further work, when you say that you have enough weekly income to live comfortably and live there throughout your old age, yes, although what are our years, yes what kind of old age are we talking about, that’s your motivation, taking into account

the fact that, in principle, everything is already there and no poverty line or drop in income is visible, well, first of all, i am categorically against passive income, why? passive income is a path to degradation, very it’s just, well, in nature nothing either grows or degrades, in nature nothing hangs on... well, at some level, so i understand that when i do active work, i develop, it makes me develop, it makes me look, what changes, forces you to be in trend, forces you to be in active mode. that is, i force myself to develop, because i understand that development, well , either development or degradation, i definitely don’t want to degrade, even with money, something like this, because if i have money i will to degrade, it will be very short-lived. the second thing that motivates me is to live there to be 160 years old, that is, there are still more than 100 years ahead, yes, more than even there 110, 120, this is serious right now, seriously, absolutely, 150, yes, this just interesting, well, that is, i want to live, for example, i have my own dreams, i want to fly to the moon on mars, for example, but

this takes time, well, i really really want to, what record of life on earth did you just find out , well, i know, about 120, i heard 140, even if you want 160, so it will be, now biotechnologies are developing, so no problem, we will now enter such a period, you invest in biotologies yourself , not in biotech yet, due to this, then the technology will develop, well, not only i am, i think that there will be, well, it’s clear that i probably don’t set goals in order to achieve them. and in order to motivate yourself to move towards a goal, i am generally firmly convinced that goals are needed for motivation and motivation is development, yes, thank you maxim, it was a very pleasant conversation,

thank you, thank you for the huge amount lifehacks, i've been up to a dirty deed, the moon is grinning in the sky , it's grown up as if the world has been bombarded, barking at the sight of forces, this is a dream,

love laughs and gloats, and you and i are on... i'm whole, i 'll cover your heart with my hand, you can not , and not be afraid of anything anymore, in your heart, there is only one vulture on top, filled with soft grass, a stone bottom, a stone bottom, look at your eyes, don’t believe it, it’s hiding in the sky. i feel trouble for the black beast in his eyes , i didn’t know, i’ll never know, why he needs your soul, it won’t be able to burn and water, i with my own hand, i will cover your heart, you can fly, and you will no longer be afraid, there are two in your heart. dvurika,

one on top, filled with soft wood, stone below, stone bottom, there was a heart, vlinka on top, filled with soft grass, bottom with a canal bottom. i will cover your heart with my hand, you can fly and not be afraid of anything anymore, your two-faced heart is filled with soft grass on top, stone, stone on the bottom.

with my blue hand, i will cover your heart, you can fly, and not be afraid of anything anymore, your heart, tumeco, from above, very soft grass, stone bottom, stone bottom,

stone, stone window, stone, stone. podcast 20 years later, host konstantin mikhailov and the promised second episode is just around the corner, here it is, we continue, but tell us how balabanov worked, you wrote a lyrical composition for his film, but look, i had the honor of interacting with balabanov very closely three times, the first time it was a phase just when brother 2 was there, yeah, we actually became close friends then, what a song it was, uh, history the next one, which means about a month before the premiere of the film, alexey balabanov calls me, so we called each other, as if we weren’t so friendly, he says: vad, do you have any new song, otherwise the radio station is telling me they’re sending compositions, i listened to them all, something fits, but i say there is a very significant place in the film and nothing fits there, i sent him the album of the next agatha christie that had just been recorded, and he chose the composition never, and since then this composition it is directly glued to the hero of sergei bodrov with this film, and this is of course one of our biggest hits

, with which we complete our performances, here ’s more, sergei bodrov was filming his debut film sisters, yes, and he will meet with me. cinema group, we are in a stupor just finishing this album, and in addition to the old songs, we also made a lot of background music from these for work on the album, i spent about a month and a half at lenfilm, since i am a sound engineer myself, it was for me extremely interesting, mixing it all 5:1, and how then bandarchuk told me, it turns out that we were the first in russia to mix music. 5:1 in the film and the third phase - this is when lyosha invited me to be a composer for his wonderful film, it doesn’t hurt me, yeah, and there i’m already making music from beginning to end and, by the way, it included songs from the peninsula album, from project of the peninsula, which i spoke about, that song, call me heaven, you were entirely

the composer, plus the tracks, yes, but i must say that alexey balabanov was very fond of sverdlovsk rock, specifically ural rock, this a very noticeable film, he also shot a documentary film, a documentary film and the first... his work, i have no friends with yegor belkin, these are his graduation works that he did, he always showed his love for ural musicians and never without attention didn’t bypass any group, it’s really interesting to me, how he formed the same way as vadim, he called all the musicians, guys, i have a place for a song, send it, because brother-2, well , of course, he’s just a legendary film thanks to the soundtrack, including me it seems that there are two brothers, you know what a unique incident happened, in general ... balabanov’s handwriting usually he takes one performer and this performer sounds completely and even quite ascetic, that is, literally several versions of songs, here’s a little faster, a little slow down, plus or minus, as for the film brodvat, as far as i understand, alexey was counting on one

composer who should and something didn’t work out for them, things didn’t work out and he was urgently forced to look for some kind of musical material, he turned to one of the rock radio stations, and they started giving it to him. the assembly of what was now, all this ended up in the film, and i also think, i told alexey about this, that i think that due to the fact that such a multi-genre soundtrack is only a plus for the film, it has an additional -it’s lightness, it hasn’t become so arthouse new and in many ways this may be adding to the success of this film, listen, are you not lonely now, let ’s say with gleb you scattered everything into two vocals things that you sang before, how do you cope with it, look, when we perform at concerts - the good old hits of agatha christie, on our stage, here we have five on stage, and we all scream them, just everything, in style, in the style of just an old, good vocal-instrumental ensemble, so i don’t feel any shortage in this regard, on the contrary, i’m very happy,

apparently from childhood i have this aesthetics, it fit in somewhere, that is, when there are several men yes, he sings, even in unison, there’s still something in it, it’s something old and good. well, not to mention the fact that if you sing the fabulous taiga there or like during the war at a concert, well, in fact, everyone sings, so if everything is from the same film, yes, listen, yes, the fabulous taiga is of course a legendary thing, it turned out unexpectedly , you probably just decided to make a joke, as i understand it, to play with the song, that ’s how it is, that’s how it is, it turned out to be a good joke, yes, i really, every time at the end of the concert we perform it, i look at hall. i don’t understand what kind of rabies is this happens to us all, but i think the present moment is already a frenzy of memories of youth, people are simply immersed in those same 20 years ago, they were young, energetic and i’m very glad that at concerts we manage to have this

atmosphere to reproduce that these people feel like that again, i generally believe that a time machine, and to a greater extent - these concerts are a kind of psychotherapy, well, against the backdrop and against the backdrop of this active, very cheerful, perky music, the trance that is necessary, listen, have there been any foreign tours? how were you received, i’m not even talking about emigrants, but was there a foreign audience? for the first time, we went on a foreign tour, just when alec was still working for us in 1989 in scotland, and what an intense tour there was in germany, and in france, in bulgaria, to scotland, where we were only in cyprus, and we sang in russian, sang for the aborigines, then there were no russian diasporas practically anywhere, and this was a big challenge for us, that is, such a check on solvency.

well, the forelocks weren’t surprising to anyone there, but what i mean is, you just go out and sing in another language, in russian , which, well, phonetically, in general, okay, for bulgarians it’s still familiar, but for scotland there it ’s either france or germany, well this is very unusual, so it’s like you’re passing an exam inside yourself, that is, you come out and despite the fact that i sing in a sound and language that is incomprehensible to you, this is my music, and when you see what people perceive. they like it they value it commensurate with what they have in large numbers there on their radio stations, this of course gives very great strength and motivation to move on, this period, this period of traveling around the vosvalem and performing for that audience, this is a completely different story, it was a very good experience and baggage, because they were pleasantly surprised when the group came out with a period of opera, periodically they heard such a sound from the russians , for them it was some kind of incomparable, like

such a grotesque, this is a christmas tree sleeper, this is this merging of reality and fiction, that is on the one hand, on the other hand, they all really left with positive emotions, when they actually come to that concert from which they received the maximum positive charge, it’s cool, but there was no temptation to stay, they weren’t offered anywhere, you know, well, alika had an experience work and living abroad for a long time, well, it was like that, it was...’ let’s just say, uh, there were attempts to change the situation, try, say, move on, but i just came to the conclusion that where i was born, that’s where i was useful, for in order to take place there, you need to be there to be born to absorb this whole background, yeah, here’s the group gorky park, they too, but gorky park, how they differed from banzhovi, well, relatively speaking, they sang and played that music, plus there was, that is, they played american such high-quality glemrock, moreover, as far as... i understand, and the authors took part in some way, plus then there was this

red wave, what was called, yes, that is , there was, yes, perestroika, on this wave, and of course , the efforts of stas namin, as a productive producer who is there, that’s all is done through big labels, through big connections, and of course, as a producer, he made a big, very significant story, that he managed to bring out an english-language project, such a lesson in commensurate, and it remained quite bright. hello, on the air news in the studio sergei tugushev, at the beginning of the episode, briefly about the main thing. he demands to protect all children in gaza in sderot and to stop hostilities in the sector. already in israel itself, anti-war rallies against the backdrop of attacks on civilian targets spread