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The dow did go down. The nasdaq went down 4 or 5 . I spent the better part of this year studying the pandemic i was right. You know what we just cover . The professionals are not the only covid that matters. We have a Massive Group of investors who become professionals. They dont care about the same thing as the experts theyre the ones who were the marginal buyers and sellers. The investors have changed the entire character of the market what made you not be able to sleep at night it was very little belief in stocks for the past 20 years, the convention says stocks could no longer be trusted. They continue to lose their values way too quickly when something goes wrong on top of that, the convention only a fool to try to pick individual stocks. You may as well stop trying to beat the mark and put some of your money in an index fund and invest safely in bonds the last eight months, that convention has been stood on its head by a new ....
Conscience that my enthusiasm for some companies is completely infectious buy buy buy buy buy buy people want to own stocks and they want to open the stocks in the worst way. [ booing ] so when the market dips 80 points, i want to talk about the worst way. [ booing ] because i see that happening way too off and we have to stop it this market has had a spectacular run and that should make you more, not less cautious i dont know where the top will be, but i do know were a lot closer to the top than we were in march or april when it felt like the sky was falling before i get started, i want to thank twitter. Yes, twitter, for exposing me to the worst ways of buy, trading, and owning stocks. Were all stuck in our own little world right now we had a call for members of the action alerts plus club this afternoon where i answered questions. Most of the club members are people who like the stocks we own for the charitable trust, the household names. Look out, theyll buy anything and i mean som ....
No. It was not empty. [inaudible] commissioner richards i will ask you a question in a second. My understanding, i bought it from the owneroccupant. They vacated. I purchased it. I put in tenants of my own. Theyre still there. Right now, theyre paying 7,000 a month. They plan on being there through april. Commissioner richards thank you. Somebody from capp street do you have anything to add . Come up to the mike. Im giving you the same chance to make a comment. One person. Its been completely unoccupied since it was purchased last june, 2016, and there are temporary, maybe vrbo or air bnb, but nobodys there. Its vacant. Its a facade. Commissioner richards thank you. President hillis when we had this hearing and now, have you met with the neighbors on capp street that have had concern about this project . I have not. I called them and emailed them and they were unable to meet in the short time window we had between the two hearings. The neighbors i had contact with, the building across ....
Unit. So that was almost just as easy as a decision for us. This is not as much of a nobrainer because theres an existing house there. But one thing that pops up in my mind is the proximity to bart and the fact that for planning purposes, we should be densifying near the bart stations. It doesnt have a fourcar garage or anything like that. Its a fourunit building, which is if you think about it, it will make it more affordable than it would be if it stays asis. And proximity to bart is putting me over the fence on this one. It wouldnt be the end of the world if it was continued, but im supporting the project asis. Commissioner richards we talked last night and we talked about the dominos falling and this will be the first of the entire street and then there goes the entire street. And i asked you to provide us with a look at what the street looks like even though ive been there. This would be for the rest of the commissioners. And you said you would. Can you help us out by showing us w ....
No. It was not empty. [inaudible] commissioner richards i will ask you a question in a second. My understanding, i bought it from the owneroccupant. They vacated. I purchased it. I put in tenants of my own. Theyre still there. Right now, theyre paying 7,000 a month. They plan on being there through april. Commissioner richards thank you. Somebody from capp street do you have anything to add . Come up to the mike. Im giving you the same chance to make a comment. One person. Its been completely unoccupied since it was purchased last june, 2016, and there are temporary, maybe vrbo or air bnb, but nobodys there. Its vacant. Its a facade. Commissioner richards thank you. President hillis when we had this hearing and now, have you met with the neighbors on capp street that have had concern about this project . I have not. I called them and emailed them and they were unable to meet in the short time window we had between the two hearings. The neighbors i had contact with, the building across ....