Glenn shared two stories of regular people who unexpectedly came face to face with opportunities of a lifetime. But in both cases, going for the opportunity required them to risk absolutely everything they had.
"What did they do? They both did it. They went all in," Glenn said. "Their gut told them that this was right. But more importantly, they had done their homework for long enough to know."
Have you experienced anything like this? Leave a reply in the comments section below.
Below is a rush transcript of this segment, it might contain errors.
GLENN: Two stories. Guy walks in. He's going to an auction. He can't afford to auction. He's just going there because he's a history buff. He's a Civil War buff. There's a home that's been owned since the Civil War by the same family. They're selling all the contents inside. They're expecting it to go for about $95,000. He goes downstairs to the basement. He opens up a roll-top desk. In the desk, he finds a drawer where there's a bunch of gold coins. He recognizes the gold coins as Civil War Confederate minted gold coins. He's like, “These are worth millions of dollars.” He's seen them before. He's not an expert. But he's seen everything in the house, and everything in the house fits that this family has been around since the Civil War and this stuff has been sitting in this house since the Civil War. He has to decide: Do I go all in? If I sell everything I have, I might be able to come up with $95,000. But if I'm wrong, I've lost everything, and I got a bunch of old crap.
Second story, woman, south of France. She's an American. She's on vacation. She goes into an antique store. Sale of price on the painting is $25,000. They say it's just some other painter that painted a lot like Picasso early in Picasso's career. She looks at the signature. This woman, who is just a teacher. She's an art teacher, but she's a teacher. She's not a college art teacher. She's an art teacher.
But she is -- she knows everything about Picasso. She sees that signature. She's like, "I'm pretty sure that that's Picasso's signature when he was young. His first year he signed it differently." Antique store says, "Nope. It's not a Picasso. We've checked." She's pretty sure she is. She realizes she can sell everything she has and buy this one painting. If she's right, she has a Picasso worth millions. If she's wrong, she's got nothing.
What would you do?
STU: If I'm risking my livelihood, I have to confirm it in a bunch of other places. I probably don't go ahead with it.
JEFFY: I mean, you want to say you would, but probably not.
PAT: I — no, I don't do it.
GLENN: I'm the guy who would do both of them.
PAT: Yes, you would. That's why you are where you are and we are where we are.
GLENN: I would absolutely do both of them. Okay.
PAT: Yep. You would.
GLENN: What did they do? They both did it. They went all in. They felt they had enough information. They felt they knew, their gut told them that this was right. But more importantly, they had done their homework for long enough to know — to be an expert in both of those fields. Nobody — nobody is paying them to be an expert. They just did their homework. And they decided, I'm all in. I'm all in. Mortgaged the house. Sold the car. Sold absolutely everything. He bought it at auction. He bought all the worthless furniture. And some nice guns and a roll-top desk that inside had a bag of legitimate Civil War Confederate gold coins. Worth millions of dollars. He's happy.
GLENN: The woman sold all of her other artwork, worth $25,000. She had collected her whole life. She's on a teacher's salary. She sold all of it. She goes back to the south of France. She buys that painting. She brings it back home to be verified.
It is a Picasso done the first year of his life, exactly as she knew.
PAT: Worth millions?
GLENN: Worth millions of dollars. Neither of them have to work anymore. Neither of them have to work anymore.
PAT: Nice. Nice.
STU: She doesn't have to learn any of that worthless art information anymore.