Transcript
Auto-generated transcript. Not time-synced to the video.
[Music]
good
[Applause]
morning from Chicago from of we're
back so I'm feeling a lot better than
last
night last night I gave a she it was 2
a.m. for me after full day of traveling
it was it was hard it was hard today is
better much better I should say I get I
got to sleep on the plane there might
still be some list sping going on I
don't know the it could be it's the
microphone could be it's
my right now is also it's kind of late
what time is it in AR Ro right now 525
it's 5:25 in the morning Valic but I I
feel I feel better I feel like uh I'm
awake and I'm talking to somebody at
least I have somebody in the room not
talk to myself so for having me for
being here tend to be here like till
four or five days after PES and during
it's difficult because I'm like 40
minutes away in the suburbs we'll have
to see what to do I don't like that
situation either because again in a in a
small room in a hotel talking to myself
it's much more when there's when there's
an audience
okay so here we are it took me about a
day and a half to get here it was
unbelievable you know the flights were
cancelled and everything we had to go
first to Cyprus then to Austria then
here we are it was 11 hour fly from
Austria in Austria I said last night of
this year but I don't know if you guys
got to hear it so I'm standing on the
street with my family with four small
suitcases getting Ubers two Ubers in a
row two in a row stopped saw that I'm a
Aros they just kept on going you know
you realize that the anti-semitism
around the world and
from he um he stopped he said what how
could I help you I want to do a Mitzvah
he took us to the hotel was beautiful so
that was our little experience over
there tell you another very interesting
thing I don't know if there's something
to learn for me my my I I thought it was
a good lesson for my children although
it could be a negative one as everything
else in my life coming off the plan was
40 people I was probably 40 people in
and nothing's moving so minut goes by 2
minutes 3
minutes and I see the the in front of
the door's not open they're not going so
I say excuse me excuse me everybody says
oh this rude Jew that's what the thing
to themselves I get to the front I asked
the guy in the front what's going on he
says the door is closed I said so let's
open it he say you can't it says alarm
will sound I said okay I opened up the
door and everybody left and they're all
clapping and they're
saying it's like if you want to follow
the herd and just stand there and be a
gum for 10 20 until until what until the
next flight comes like you're just
standing there you got to do you got to
be proactive you can't just listen to
the love okay you gota gotta do your own
thing okay anyway that was my lesson
other people say one everybody one guy
said I don't know if he was being
sarcastic he says us austrians we listen
to the rules maybe he was explaining why
not I don't know if he was trying to Stu
me but anyway fine boy say Here we go we
don't have that many emails today we're
just getting into it a little bit I just
wanted to share this with the MD family
as a great art Heber for the concept
that can resonate with
the of
and let me just show this remember PES
is the that a goat cost two and mat $70
a
pound by the way talking about the
tremendous brought from bar he sent me I
didn't open up the box but it was a huge
box so for that last last year and all
throughout the year that's what I
ate stuff thought we've met in person
several times I'm the guy from Baltimore
that has been coming to the shear in RBS
for the last week so this is Yeshua
Feldman who sat next to me the entire
week and this is the email I get from
today you know the
guy this is my first time sending an
email and sorry to do so so under such
circumstances but I just learned that my
father's in the ICU in LA and he's
sponsor year
could please have in mind mean a lot to
me hope to write again soon thanks all
you do Felman then he sends me another
email today my father's just s this
morning pass please update my
sponsorship of the she to
be
guess should have Al is unbelievable
that it came every single day and came
with a few times with his children he
had a son in TC he has a son in TC so
it's very nice all right should have
just made it in
there one more from a walked into the
mechanic and this whole was sitting
learning with his son while waiting for
his C to get fixed didn't get his name
but it's in
Lakewood the all mechanic shops look the
same basically in all cities of the
world that's what the desk and a
mechanic shop looks like
the for the safe and Speedy return of
all the hostages
all
myors and
Family's
friends
friends meal and the Art of the mous of
for easy child birth for his daughter
and a healthy baby I I hope this thing
is just like no's taking care this and
just stayed on because it seems like his
daughter is pregnant for a very very
long time this might be the next kid
already
right we're here with
the and and
all
rightel you think I'm going
to for coming all the way from Baltimore
especially for the she and for business
and everything else you
do is here and everybody
else
Rosen
and and what's our set up or what's your
name for setting up every day
beautiful so yesterday we
had if a person gives a down
payment do down payment
covered the
entire whatever we're talking about or
just whatever the down payment amount is
so we'll see now in the a little bit
more what that
means here's something interesting St
think about during she we're going to be
talking about lot for next few
days is when you are charged if you're o
if you over pay a sixth or underpay a
sixth so here's sh if a
person bought let's say $100 worth of
stock and the stock went up by
90% And
then it dropped by 50% how much money
did he
make
lost5 that's right he did
he lost he lost
$5 yeah if went up by
90% And then went down by
50% so you lost
money this is something to think about
it slightly neg so good just don't get
too confused thought thought it was
interesting
lost no I think he's
right how much is uh half it went up at
90% so went to 190
how much
that exactly one from 100 to
95s so we have the
famous of so you all remember when it
was the year of shita we wrote apprisal
what does aisal do the Torah says that
if you have a loan and shita comes at
the end of shita the loan is canell
canel you shouldn't bother the guy let
see
Goods but there's an exception to the
rule
if
the borrower the lender is not going to
bother the borrower why because he has
collateral then there's no problem so
the the I guess the question right
really is how much collateral does the
collateral have to cover the entire loan
because then he won't bother him at all
or the collateral could just cover a
part of the
loan again
yeah cancels loans but if there's
collateral it doesn't cancel you could
keep Al loone through if you have
collateral now the question is how much
collateral for the entire loan or part
of the loan
he has collateral and comes or
left even though the collateral is only
half of the amount of the
loan let's see here we
go no I don't know if you guys saw it so
let me put it up
here he gives him a loan he gives him a
sweatshirt as collateral the collateral
is only worth half of the low
even though the collateral is only worth
half of the
loan the cancel the same thing the the
loan is not
canell typically you have you have
the cancels the law it's a it's a little
it's like almost counterintuitive like a
lot
ofar it not in other words not cancel
the guy still the the B has to pay the
lender why because since he has this
sweatshirt he's not going to press the
issue the problem is pressing I don't
want you pressing people for the law
he's not he feels comfortable he has he
has
something let's see what says
oh review that this is not yet so I'll
take it off for a
second that's provided that the
collateral covers the entire loan then
only then the loan is not canel and if
it doesn't cover the entire thing the
loan is canell let's understand
says what does it mean it's not
canel so since the Mas is worth 50%
let's say so 50% of the loan is not
cancelled the other 50 is canell
interesting sometimes
call means what does
mean canel
completely in other words the Mas the
collateral doesn't help at all zero so
according to
re would mean loan is canceled guy goes
SC free the borrow doesn't have to pay a
dime so what did he gain by giving a
collateral what did he gain by keeping a
collateral what does it sweat
help so now we have to change it but the
is g to go back to this and the is gonna
actually use this and say I'll tell you
why there's a if I can tell you why then
it answers but okay now still
there's no cancellation according to so
let's go to the next chart
here oh you're not even on here
okay so before it was according
to only 50% doesn't get cancelled and
according to rebi the whole thing gets
canceled and now we're switching it a
little
bit re is
taking is stepping it up we're just
going up a step according
to it works for the entire
loan there's no cancellation at all the
entire thing why because it's a Mas so
that's similar to the you had yesterday
if you have a little bit of a down
payment it grabs the entire thing yeah
if you give a guy you're buying $1,000
worth of chocolate and you got you give
the guy $100 the entire thousand becomes
yours or no in terms of keeping your
word since you gave a 100 it grabs
everything you can say no you gave a 100
you get $100 worth of chocolate the rest
he doesn't have to keep his word so here
also you see the same thing he gave a
Mas 50
there's that's it there's no
cancellation the
whole it could be a quarter it could be
anything there's no
cancellation laugh
he saying listen whatever is opposite
the collateral whatever the collateral
is worth that's how much is not canel
for the rest is
canell that's exactly we
had says you don't need the entire you
don't need a collateral worth the entire
loan as long as you have some of
it whatever the collateral is worth
that's what doesn't get canceled in the
rest gets
canel so we're going to go
back the collateral whatever the
collaterals were is the one that says
whatever the collaterals
were so we're gonna go back to the first
half minut according to re you get zero
in other words the collateral doesn't
work at all and the whole loan is
so that was the question the first words
on
this so why in the world if the
collateral doesn't help so why is there
a
collateral it's just there to remind you
that there's a loan there was a loan and
in fact the loan gets canceled but he
gave you the collateral as a
reminder says the gar
BR
ra they gave RAF money for
fls then the price went up similar story
that we had the other day when we had
salt went up so now ra wants to make
money he doesn't want to sell it to the
guy for the lower price also they went
to you wanted to buy $1,000 worth of fla
you gave him $100 so owe him $100 worth
of flats and the
rest it's just plain
words what what's the word how do you
say plain
um nothing hot air it's
what words words are
nothing means lack of
trust so it's not a problem you're not
you're not
not trust you're not being a Shak he
just said
words we see it's not
so just
words of his position that okay he say
some
words I mean that the whole you
have we said yesterday maybe has to do
with to you have to add money to it in
order you need a together the words okay
so here's
the you have to be truthful with with
your um with your weights so it
says so the question is why do you need
those two weights
there's six H within a so it's the same
thing we get
it you should you should be truthful
with 10 pounds you should be truthful
with one pound the same
thing unbelievable the word h could also
mean h means
yes your yes is in your nose
in business whether you tell a person no
you shouldn't be lying or when you tell
a person yes you shouldn't be
lying me see from
here that you're not let your words mean
something you're telling me words are
nothing it's hot air just words JB just
words not true the Tor says the T your
your yes should be correct your no
should be correct everything should be
correct
says yes when you're facing the guy
you're not all a lie you can't tell
somebody a when in your mind you mean be
you tell the guy look I'm going to sell
you my house and you know you're not
selling him the house that's a
lie but you can tell a person I'm
selling you the house then the next day
you can take it back according to the
why cuz when you told me you're selling
the house or you sell let's talk about a
car forget the house for a second I'm
going to sell you the car
I wanted to sell it to you 100% I wanted
to sell it to you today I realize the
price of the Tesla went up so I don't
want to sell it to you okay but it was
it's
not was was the same my heart and my
mouth were the same when I told you I'm
going to sell you the car the p is
saying don't lie to the person on the
spot in your heart you know you're not
selling it to him so don't don't tell
him you're going to sell it that's
awesome that's
h a
with a Talis I can acquire a golden bar
but with gold or not a bar a golden coin
but with a golden coin I cannot acquire
a Talis right because is
not nevertheless you're right that's
they
said
the who took Revenge from
the I'm scared to escape this should I
escape it should I
not I wanted to show you what Yoshi did
yesterday beautiful picture of the D
above I didn't even notice I looked at
it yes today it's above the clouds like
he's showing they built a building that
you know trying to to do war with
the beautiful stuff he had there I Ain
trouble if you didn't see this have to
go back to look at it maybe y will throw
it in
here oh thank
you some people that are Mony have to
you know prepare for PES off they can't
just sit there with the buttons the
whole sh especially if there's another
share coming
[Laughter]
up very good
it says that we are going to take we'll
take revenge of somebody that just says
words
yeah so what do we
do rap says that words are nothing and
ab explains to him explains that he
meant this he meant that but it says
over here that if you take back your
word is going to take revenge
you're
right like the other
okay tell his son go get us some
employees some
workers he tells the the
employees this is what I'm going to feed
you so I got to tell you this joke is
Z's here I don't know if AB heard this
one you probably did I'm sure you
did don't don't jump and say the punch
line
okay for those that in his joke so
there's three three workers
schmoozing one
says if my wife makes me a peanut butter
sandwich again I'm going to commit
suicide so the other guy says a you know
the M of course he does he's holding
himself
back every once every three months you
say the same m
the other one
says if my wife makes me it's an Israeli
right the American says peanut butter
Israeli says my wife makes me chocolate
spread again
suicide and theik he says if my wife
makes
meos I'm jumping off the next day short
off they all three have the sandwiches
they didn't want they all three
jump so at the
funeral the wife of the American says
wow I used to make my husband his
favorite sandwich every day and he died
with that sandwich in his hand it's
unbelievable the other Israeli says the
same thing and theas wife says it's
crazy I had such a good husband used to
make his own sandwiches every
day yeah
I don't understand you just promised
them food you didn't say what kind of
food maybe it's like
this maybe it's a feast a crazy feast
and they could they could sue you for
that they say they could say we want
steaks you didn't say what if you would
have told them exactly what great but
you didn't say so why why did you make a
deal like that with
them they deserve the best of the best
the sons
of before they start working
this is it look what Yoshi did there
because yesterday was the Y side of AI
mandle so he threw in a picture of me
and AI when I went to visit
him so he says you don't only have pass
kidness that's it you have to you have
to specify I want you are only going to
get bread and some be they say in be
it's garnished not even ched just a
bunch of beans
but if it's true that your words if
you're not straight with your words
you're not
trustworthy it's missing from the
trust take it back
retract the employees they never believe
they're going to get crazy food
he's just they knew that it's not him
he's the son he's just going out there
and it's the father so they were really
on the
father so why did he say let's do it
quick before they start
working once they start working oh then
they'll expect
more perhaps he told his father that he
said this you know they're going to get
all foods and therefore once they
started working they feel as if
they deserve
it really say there's a
problem that you're lacking
[Music]
trust I'm giving you a
gift person says I'm giving you a gift
yeah I don't know if it ever happened to
you I've had a few times I'll give you
give you a car then it takes it back why
car is very expensive see you're not
really you're not really you don't
really trust the
guy what do mean he could of course he
could it's only
words he he has all the right to and
there's no problem at
[Music]
all by a smaller gift since a small
thing he tells I'm going to give you a
pen oh a penny has no reason to believe
that you're going to take it
back
so I said this before but I think
it's I think it's a true story there was
a Jew that met like I think he was the
king of
moraco he says you know my son just
became Bar Mitzvah so he says what's Bar
Mitzvah he tells him you know this put
on and he work really hard a whole year
Lane this that 13
King said takes out his checkbook and
gives him like
€10,000 so the father say you know
that's it's a lot
for he said no anything less than that
is is a is a biz for the kingdom the
king doesn't write less than than that
this is thing is a check $180 check from
the King it's not
mal so Meo you take that and say
to I'm asking for there's nothing don't
give me
give me of a king don't give
me give me what
you what what is a king typically give
that's what I want from
you do it quick before someone else does
it you got to be first in
[Music]
line we see this he so about a small
gift a large gift
then Ley means a Ley Rashi says I think
rash says
yeah okay in case you this time thre you
for a loop and you want to know why it
says Ben Ley the son of a Ley it should
just say Le all over it's called a Ben
so listen to this it goes like
this it's good for you because I'm going
to ask you a question now you ready T
just say yes or no do you know what Trum
Meer
means no tell
me okay I'm going to show you what it is
and then tell me if I'm
right very good he
knows most guys most guys your age don't
know so you should know you're
big so it goes like this you have
a tells
a I'm you know you're my favorite ladyy
you see all this fruit over here I'm
giving it to you but he never gave it to
him
so the Ley who he has to give from his
fruit that he already has he has to give
Trum it's called
Trum that he could take from this pile
that's not his yet these are all
promised him so what do you see from
here when a person promises you a gift
he has to stick to his word let's see
what it looks like
okay that's that just says that you you
are that the person is not going to be
over on this they're not going to speak
falsely goes like this the I explain why
I keep on showing it over and over not
going to even if you're in the she for 5
years and you saw this 400 times sorry
we got to show to the new guys has a
pile of 100 fruit he takes two of them
let's say because you could do get away
with 2% you get away with half a percent
if you want but the average is 2% you
give it to the C great that's true me
is you take 10% what you have left and
give it to the Ley that's mice
now it's not
anymore the Ley he also has a to take
10% of what he has and give it to the
why is it called
Trum what you give to the is called Trum
what Israel gives is called Trum what
the Le gives is called Trum because he's
giving truma from the me that he got
from the
is he takes one out of the 10 he gives
it to the K is that the right is that
right I'm asking you good okay good
that's what you thought it was yeah no
I'm asking him he's not part of the
shear how would he know
this if can't retract his words he
promises he's GNA give the Ley from a
pile of
fruit that's why the Ley could be on
this pile and consider it his own and
say that this pile should be his true
the and therefore he's going to eat all
the fruit he has at home all
fruit that he has at home he's the
over retract I could he retract because
just debor I told him I'm going to give
you a gift and now I don't want to give
you a gift I told him I'm going to buy
you a car and now I'm not buying you a
car it's possible that the pile is not
even the Ley so he used it as the trumer
for his fruit at home but it turns out
it wasn't his to do so and he
ate where says a real tough
answer no the
Ley took it from the is so it was 100%
the Ley then he gave it back to the Isel
to the to the
Isel that's the case you want to be like
that says at the
end what if the decid to take the pile
and give it to another
Ley the Ley cannot complain or in fact
that's the only thing you can do is
complain but he can't sue him
in it's talking about that it's the L's
100% he just
re what's the
word redeposited it thank you by
the but it's his it's the Le
he pulled it himself it's his and now
the is gave away the Le's fruit
another I guess knew say listen I'll
prove to you that you can't say this
because doesn't f with the the bottom
line is it's a great
R we're not talking about that it was
the Lees and you see from here that if
or anybody says to somebody I'm giving
you this pile of fruit he must stick to
his
word
says so we had already somebody give
money deposit and salt somebody give
money deposit for flex and now it's on
Sesame interesting because thisas in
there's no Sesame on the I don't know
about here in Chicago because P they
don't put Sesame on the Sesame gets
everywhere maybe it's I don't know it
flies you know it's hard to pick up so
as huh
they it's hard to pick up
yeah we did talk about an what dides it
say over there say that even it's in
smaller space and same amount but Sesame
is hard to pick up oh yeah yeah with the
apples and the SES very good hard to
pick up you see it's hard to pick up
he's bring it right
[Music]
say went up in
price they told the
guy so he says you gave you gave me
deposit for the Sass sorry take your
money
back he didn't want to take his money
back why he felt the guy's a liar I know
why you want to give me my money back
you want to give me my money back cuz
you don't want to give me the the Sesame
I want my S I locked in the
price and then the Sesame the the money
got
stolen let's think about it for a second
what would you say in this case think
about it the guy gives a $100 deposit
for the Sesame the the seller of the
Sesame decides to get much more money
from somebody else he says sorry take
your deposit back I says I don't want my
deposit back force me okay don't take
your deposit back then the deposit was
sold him but the guy told him to take
this deposit back he didn't want him so
who's responsible on the
deposit is he a Sher or not no what do
you say the guy holding the deposit is
this Sher follow biases out the money
out the money why why is he not a show
but he told you're not I'm not giving
you take your money back but he's lying
also that's a separate separate
issue okay
that's what Rober
says I think it's
fascinating problem he's dividing the
problem no he's going to get a curse
he's going to get a mish but he doesn't
have to pay doesn't have to pay the 100
bucks the curse is cost him 100 bucks
but if he takes responsibility and he
gives him back the money so he doesn't
get cursed get
okay sometimes it's $10,000 it's a
million dollars 100 bucks
for 100
bucks it's exactly it I'm GNA I'm going
to tell you later on I I I looked it up
today so again for for the Su later that
they did research and everybody that
they interviewed would be over here it's
it's coming up in in two lines everybody
would be over on the worst of the worst
in any situation married people or
killing whatever it is for the right
amount of money or you on anything for
the right amount of money they they they
they interviewed many many people for
the right amount of money each person
has their thing some people's $100 some
$100 million but for money
boom she say for 100 bucks I'm not going
to take a curse for ,000 I'm to start oh
yeah big deal curse
okay since you were told to take your
money you didn't listen
so certainly the guy holding on to
the told me I don't want
this you know what I'm stopping
here because yesterday I missed the word
m so that's feeling for all the M for so
here's the child does it work yes I
missed one word but has no context
saying a word
okay they could take they could cut it
and put it over
there theu right on theu said one word
gets there's no Cruise that's it I
missed the word I should have just left
it as
is I miss somewhere
else
remember and
told and what's interesting is there the
story never even happened listen going
to
say you know how stories go and the
likes it and he adds a little bit of his
own pepper to the story because before
you know it it'sit 10 people and it just
grows the story just grows so
here what about the curse
for him to be puted from the money he
has to accept upon himself the Mish he
has to accept otherwise if you don't
accept upon you have to pay the
money
okay says I heard this from one of
the his name
was okay
if they would give him all the Treasures
of the world in other words they give
him all the money in the world
have this person all the money in the
world he would not change one word of
us so it happens to be that we we say in
every day what do we say
no that all the money in the world
wouldn't change our minds we will not be
every how do we say it every
day all the money that I have I'm not
going to be overing anything that you
hasem telling me to do all the money I
have I mean so we say it we just throw
it out I don't know how much we mean it
so here we can mean
it you have to think about somebody
comes to you with a gun do this no I'm
giving all everything I
own the one of the stories that that
sticks out right away is that story I
keep on saying over and over about the
guy that had to give up $5 million
inheritance so that his father wouldn't
be cremated it's very hard to understand
the fa who would be such I don't think I
would be able to5 million dollar because
my crazy brother is not religious wants
to cremate my father
yeah if that's what requires you go to
the r first I don't know if that's what
the r says R says first comes your
father's
then comes your inheritance if that's
the which I think it is then you got to
do it that's it we don't have a
choice
so I'm saying but these college students
that wasn't the case they
don't certain things fly out the window
at a certain price you could murder
somebody for a certain price you could
be over on everything for certain
price yeah
says maybe I don't know how many times I
didn't look it up but that's a famous
people the story happened with me I'm
the I'm G to tell you what the story
was this whole story is not like you
think it
is it was literally a few minutes before
before test
base oh sorry what happened one more how
did I skip
that I was sitting and this guy comes to
the door he knocks on the
door it's an interesting story right
before guy needs sing why does the guy
need
before sorry I don't
have do me a favor I need to get back to
where I came from it's going to take me
a while it's chabas I'm not all to
so please watch this money you don't
want to give me fine but take the
money I guess it's not I'm just thinking
about it now loud I didn't think about
it when I learned
it carry home that's exactly what I'm
thinking now yes there but it's
not yeah that's my that that's what I
that's what I'm thinking out loud so
yeah so Sesame you're allowed to take
but not money it's not going to be for
[Music]
money motivators in Le responsing for
the learning by thezman Brothers for the
of our
grandfathers where's my
pencil oh do right now
okay now should go smooth for the rest
of a little a little comments and
everything
is
okay it's getting
dark you know what I'm not taking
responsible here's my house do whatever
you want put it in
there she put it in the House St also
they come to this is the story I was
there anybody just says such a here's my
house
certainly he's not
even or 44 minutes in
we got to pick it
upate so he said to this but they told
they told ra what about
the and mishar doesn't f the story
because he didn't take back his word he
wasn't selling he didn't take a deposit
on the Sesame he said I don't have
S that part of the story never
happened says Whoever has the money in
his hand he could retract other person
can't when the money and the produce is
in the hand of the seller he could
retract but if the money is in the hand
of the
seller in other words the transaction
happened the
merchandise is by the buyer the money is
by the
seller the money is in the hand of
the
buyer it's in the hand of the buyer in
the of the
seller because the merchandise what you
get for money is in his
hand of course nobody can take it back
it's already done
how did the P how did the merchandise
get to the buyer's hand not because he
lifted it up because he's renting out
the warehouse to the seller you hear
what's going on there think about it for
a
second somebody rents his Warehouse to a
seller the guy sells wheat and then the
guy that rents it out purchases wheat
from from that guy so in whose res is
it the the owner the owner of the
warehouse or the guy that is renting the
warehouse in the
renters that's saying it saying
something
else
says is admitting to you is explaining
that there's a difference here
why and we had this a number of times
very
doesn't apply here why because you own
the warehouse and you're renting it out
to the
guy the whole reason why money doesn't
work even though the T says money should
work and according and we say you need
to do because we want the seller to be
responsible when there's a
fight but over
here since the purchaser owns the attic
he owns the warehouse you know like
if there's a fire that happened by
itself let's
say so over here there's a difference
when he's the real owner this that you
should do doesn't apply here
okay in other words that's why this is a
special case where and
not why because he happens to be the
owner of the piece of Real
Estate another story we had sesame seeds
what else do we have
flax salt salt and now we have
wine he gave a deposit on
wine they wanted to sell the wine to the
second in command of the Kingdom over
there you know what I'm out of here just
give me my money
back I don't want
wine you hear this he gave a deposit for
wine now he realizes he's it's not going
to be good he wants to get out of the
deal real quickly so let me ask you
something do you think he's over on Mish
the buyer is the he gave you the pass
for the wine but he heard that the king
or the
guy very high upper guy wants to get the
wine and he's going to take the wine
he's not gonna have wine anyway so he's
trying to get out of it is there a m on
that
right I I think you're right I think
there's no
just like the seller has the right to
retract
before to the buyer retract and there is
[Music]
no I knew the guy's
name was coming to us he's uh guest by
us in the hotel for PES this is going to
be the third year B he takes really
really good care of my AKA in Los
Angeles gave him a good job and you know
just he's his uh stepfather I guess so
for PES he comes here he's the one that
something to do with the mishna oh baby
I don't know it's
out next good all the
way which is so we got about 10 days of
so we got to get used to
it is ripping somebody off when he buys
something from you when he buys movable
objects thank you I think we're good
over there okay next year good thank
you
so basically if you charge somebody a
six more than you're supposed to how
much is it six 133% 16%
that 16.6 okay this only
from for that we had the other
day right so I could buy a property for
a million dollars sell for two
million but know also works in the
reverse so if you bought something like
I did once with real estate I said over
the that the guy um he was clueless and
he he said he told me he bought the
property for $220,000 an apartment and
he says I know and you know that just
like a car goes down in value so those
real estate and I'm like yep you're
right it goes down to value and he sold
me each apartment for $16,000 that's
what it was a nice building beautiful
building new windows new roofs
everything I know it happens once in a
lifetime it's like giv you a
gift I'm saying yeah I would never do I
would never do that to to M never I mean
probably could I don't know you know I
don't know I would not do that that's
not my style in that case since is that
to
to listen he got a price who says what
the price is there's no in K there's no
in K so if he undercharged me what's the
is he said I want this I didn't do
anything to him I didn't convince him he
gave me the price and I bought it from
him now if it was a car
that would be a problem it's interesting
I'm telling you what what's the market
it's one6 of whatever the market is who
sets what the market is first of all
that's one shot we don't even pass it
like that it's one6 of the money also
okay we're going to see that in a second
that's today's but what the market is
yeah but the market is you go there is a
market you have to see what the other
property sold for and it wasn't 16,000 I
promise you wasn't $16,000 in the last
10 years it's you know listen it's not
it's not a not Chicago first of all this
is in Decor
Illinois it's 3 hours from here so even
today an apartment is not even
$100,000 you know what I'm saying it's
uh you know be lucky if it's 70 80 I
don't know still back then I was buying
the same exact building for $40,000 in
apartment I think it was4 something
th000 the next door building was built
by the same contractor everything just
his building slightly better because it
had new roof new windows and and and
very good tenants so and very low rents
get it was much better but right next
door and we ended up buying the other
buildings also for 40 something it's
telling you that's how the price is over
there still very cheap over there anyway
Z so hold
on
okay if you have 24 coins so you know
is four out of the 24 six
six six of a
purchase when could you take it back
when is there
no is enough time that you have to show
it to
Pro ah I just thought about it I don't
know if you
there's a there's a a thing on on that I
don't know what it's called the it has a
remote and it's like a glass thing it
shows things different
shows whatever VT something whatever one
of those square boxes square box yeah
here it has this like this and Al kid
there's something on there that people
bring items and and the guy buys them
and he sells them so he always brings a
a professional a tiger if guy gives you
a coin you have to go you don't know how
much it's worth so you go to the pro an
antique right he buys
antiques anti you have to how much it's
worth the sword I don't know
what you have to show it your your
relative your
your now says no it's like this look
look at look at the screen for a second
that's uh a six re says it's actually a
third
out
of out of 24 which is a
third a third for
purchase the the guys in L were
extremely excited about this because now
they get to rip people off instead of
ripping them off a six they get to rip
them off a third it's tremendous
tremendous
profit don't be so
excited no no no I'm I'm extending
the amount of time forget the the
relative forget the tiger you have all
day the guy has all day to to to take a
back forget we like we like we like
ripping people off a six not not a third
as long as they can't take it back right
when I bought those apartments uh I told
I was I was nervous I was going to take
it back so he said I'll only do it on
condition that we can close within two
weeks like to rush him and that he
shouldn't have any
R says it's a six of the value of the
purchase this Nami is very important I
agree to you r that it's a six of the
purchase but also a six of the money the
gamar is gonna explain what that means
yeah how much time is that
can't so we have to rush over here and
maybe we come back
tomorrow looks very small but trust me
it's going to be interesting okay tast
yeah no no you don't need tast tomorrow
the actual sug is is a good
one
um if the value is six and you sold it
for five that's a
six if it's worth six and you sold it
for seven so one case the buyer ripped
him off in the other case the seller
did a six more six less according to
everybody that's
called this just a question what happens
in the way we passing is not so much
here in the mishna but the way we
passing is that you if it's
exact then you pay the difference if
it's more it
cancels if it's exactly six more you pay
the difference if it's more than a six
more drop more then it cancels the whole
mea
says if it's worth five and you sold it
for six that's really a fifth but what
happens is the money that you get the
money is a
six if the value is seven and you sold
it for six that's a
seventh explain more you're goingon to
understand that much better in a
second according you also go based on
the money not so much the
value both cases
are you have to go with market
value if it if you sld something that's
worth five for six then
that's only a
forgiveness when do we
say when you have the two options that
the value and the money is you you took
them you took a six in the money or a
six in the
value if it's only one of the two the
value or the
money that's how you know so now when
now you'll understand a little better I
think so we go back to this little chart
over here you said if you have
24 there's 24 so is four out of
24 so if you look at this chart maybe
okay this is how you could this this is
how you could understand the
here he sold something that's worth 20
everything that's not in the red box
four 24 including the red
box this is money you see what's going
on here now the is not we're not going
by the value of the object but the six
is the total of the money that he gave
so since he gave 24 and he's only
supposed to give pay 20 so
do not the value of the car but how much
in terms of the how much more money did
he give over
here that's not true that's not what
happened it was actually worth
24 so he he paid a six less than the
value now not we're not talking about
money now we're talking about value the
value of the object before we thought
the value is 20 and he gave 24 so the
was in the money but now we're saying no
the value is 24 and how much did he pay
him he paid him 20 so he he he took off
a six of the value of
the so who got ripped off here the
sell that can't be
when how much time you have to get to to
retract as long as you can show to your
friend or your
relative oh this is the problem if
you're talking about you said we're
talking about the seller is is getting
harmed over here it says the
buyer if we're talking about a seller so
it doesn't fit into the Mish because it
says a seller could take it back
forever over here we see that we're
talking about the the buyer
another he he sold something that's
worth
24 for
okay four more but
a of the
24 it's a six of the 24 and you put it
on top of the 24 it adds up the 28 n
so now we want to bring the same exact
just from the other thing and we're
going to do the same thing over
again he he he sold something that's
worth 16 for
24 so in other words it's a third in
money
he sold something his worth 24 for
16 so that is taking off from the value
of the me not from the
money who got harmed here the seller
that doesn't fit
in we're not talking about the seller
we're talking about the
buyer he s something is worth 24 for
32 all right fine it's the same R same
answer RAB have a wonderful day for
coming see you tomorrow hopefully on
time at 9 p.m.