Going Deep with Chad and JT - EP 265 - Mr. Capital Explains The FTX Scandal

Episode Date: November 16, 2022

What up stokers! This week our financial insider, Mr. Capital, explains the FTX scandal. Enjoy!  For tickets to see us live, go to www.chadandjt.com.   Check out our Netflix show, Chad and JT Go Deep! Brought to you by the legends at   Get 20% Off and Free Shipping with the code [GODEEP] at Manscaped.com. That’s 20% off with free shipping at manscaped.com and use code [GODEEP]. Be thankful this holiday season for the best gift of all from MANSCAPED™. Your Balls Will Thank you™   Go to helix.com/godeep. With Helix, better sleep starts now.    Download the PrizePicks app or go to PrizePicks.com to sign up and play daily fantasy sports! First time users can receive a 100% instant deposit match up to $100 dollars with promo code GODEEP.  If you deposit $100, PrizePicks will give you $100. If you deposit $50, PrizePicks will give you $50. Don’t forget to enter promo code GODEEP at sign up for an instant deposit match up to $100 dollars!

What's up dudes, we got a killer podcast for you guys coming up. We got Mr. Capital on. We're going to talk about the whole FTX situation, the whole state of the economy. It gets deep into that and it's also just a ton of fun, lots of advice and some good conversation. But before we get into that, I want to let you know that we're brought to you by us. We're on tour right now. We got some fire dates coming up. We're going to be in nashville tonight the day this comes out uh tickets are going fast if not they're not already sold out we also have a huge weekend coming up at denver at the comedy works get your tickets now they're going fast denver we want to

see you out there we're going to be at salt lake city too we're going to atlanta and then we are that's it for this year so if you're in those locations if you're near those locations get your tickets to chat and jt.com we're also brought to you by the legends at manscape manscape thank you so much for keeping our trims p for looking after our hogs making sure that our dinks are looking fresh and clean because it's never too early to play holiday music it's never too early to start thinking about gifts it's never too early to start thinking about your loved one's pubes. That's why you got to use Manscaped and make people jolly.

Get 20% off plus free shipping with the code godeepinmanscaped.com. That's 20% off plus free shipping with the code godeepinmanscaped.com. Manscaped, get your jingle balls ready for the holidays now. All right, let's start the show. We are going to stimulate the nipples and deep fry the chicken wings. What's up, Stokers of Stoke Nation? This is Chad Kroger coming in with the Going Deep with Chad and JT podcast podcast i'm here with my compadre john thomas what up boom clap stokers we're here with jake on the sticks once again what up jake what up dog how you living i'm living you know and we are back in the stude we had a couple weeks yeah a couple weeks. Yeah, a couple weeks. No, a full week of traveling. Yeah.

And I'm exhausted. I'm tired, too. Did you sleep good last night? Yeah, I just took a nap. It was the most disorienting shit. You know what? I think it's because... Yeah, you look like...

You look a little shocked. Do I have that on my face? Yeah. Yeah, dude. I almost had a panic attack when I woke up because I went know i went to bed like i went took a nap at like 4 30 but wanted to get up at 5 p.m and then woke up at 5 30 and it was dark i think it was because of the time change that like accentuated the whole thing and i had for like i almost didn't drive here because i was like so freaked out i was like where am i and what

the fuck is going on yeah you look like you're in like a horror movie and it's like act two yeah and the monster has revealed itself yeah and it could be any of us and it could be anywhere dude the are you the babadook is that what you're trying to tell me i've never seen that but yeah fuck man i knew he's coming i thought i like got past halloween i got paid no stop dude uh but would you see that something just moved by the bathroom door no i didn't see that dude something's there what what it's just nails creeping outside the door what the fuck dude i was so tired last night because yeah i've been exhausted i went straight to a wedding and like raged and then last night i was trying to watch the crown

with the hold me close and i was trying to so hard to stay awake i was dreaming with my eyes open have you had that before i've been having that lately i was like i'd wake i'd open my eyes when my body and brain were so tired yeah that i would just be like seeing things and it was my dreams but i was awake crazy shit man it's kind of what's up it's like the crazy it's kind of like a hallucinogen if you stay up enough yeah like if you get tired enough you kind of hallucinate in regular life i get so cranky when people keep me up like i i really like to get to bed around 10 11 midnight pushing yeah seven dude and if people keep me up past that like i the the the look on my face i don't know i get so i'm with you i get so mad yeah because i wake up early and

i'm like people like come on stay up late i'm like you don't understand i'm gonna wake up at seven regardless and and and people are like hey are we gonna party after the show and yeah i had to fly back strider had to leave because he officiated the wedding six right his flight was at six so he left at like four in the morning yeah Yeah. And he murdered officiating. He was so good at it. Yeah. He did a really good wedding voice. Nice.

He was like, hello, everybody. Welcome. Really? It was really sweet. And he crushed it. Yeah. He was nervous, too. Yeah.

He was super nervous. I mean, I was very nervous. Yeah. It's a nerve wracking thing. But he delivered as we all knew he would. But I hear you, man. Yeah. It's tough being

tired it's the worst feeling in the world it is the worst feeling all right well we got to call a friend though because get jacked up for this chad put this on my radar there's a lot going on in the crypto world right yeah so the collapse of ftx uh this crypto company uh led by sam bankman freed uh who you know as far as i can tell a lot of money was lost billions of dollars a lot of people who trusted him and big investors i'm talking tom brady giselle lost you know millions hundreds of millions he lost it sounds like nine billion dollars worth of people's money uh and so it's one of the biggest sort of fraud scandals i think in the crypto world in history for sure in history of finance it's up there so it's this is big this is a hot story we have a friend mr capital he works in finance he's a whiz with numbers and he's a

whiz with words so we're going to call him up and get his perspective on it yeah hello what's up dog what's going on how you doing man I'm good are you we're good dude we're just talking about how tired we are you tired oh I'm tired man I'm really tired cuz you're grinding what's your how long is your work day they're long crypto never sleeps dude but it looks like it might have uh might have got hit died yeah it's not sleeping mr capital it's good to hear your voice oh it's good to hear yours um dude so i really wanted to hear about this whole ftx thing and sam bankman freeded, as far as I can tell, it sounds like he's kind of the Bernie Madoff of the crypto world. Is that correct?

Yeah. A little bit of Bernie Madoff meets Enron meets Lehman. He managed to steal $10 billion in customer deposits in under two years. It's pretty impressive. So when you say he stole it, he was just using that money to bankroll his own lifestyle or to keep the Ponzi scheme going of funneling that money to other investors to keep more investors coming in? More of the latter than the former.

If you think about what an exchange is supposed to be, when you deposit a dollar or Bitcoin on that exchange, they're not supposed to touch it. It's supposed to sit there in an account. And that's what credible exchanges like Coinbase do. Every dollar you have sitting there is backed by a dollar on their ledger in their system. What he effectively had is he had his own prop trading firm that sat next to this exchange. So when things went bust, he had just under $9 billion of customer liabilities, which was like $5 billion of US dollars, you know, a billion and a half dollars of Bitcoin. But in it, he only had $900 million of assets. And those assets had nothing to do with those liabilities

like out of that $900 million of assets was $450 million of Robinhood stock so the guy was literally just taking customer funds from his exchange which was actually a legitimate business and a decent product and letting his trading firm invest in a bunch of venture deals or just invest in crypto markets

and clearly they lost an inordinate amount of money um and him and only a handful of other people you know internally knew about it um so like literally just stealing from customer funds to go speculate what should be the ratio of deposits to assets one to one there shouldn't be a difference so for five billion dollars dollars, you should have $5 billion in dollars on this balance sheet, because this is like banks, if you if you bring your dollar to Bank of America, JP Morgan, they go lend that out, right, there's a leverage ratio, exchanges aren't allowed to do that they have to be fully reserved, they can be

fractionally reserved. So the second they have a mismatch off by a dollar it's you know fraudulent when you have a mismatch off by uh you know nine billion dollars it's uh it's criminal liability like you know he's only been seen a handful of time in human history so what what's the end game for someone like that like what does they do they do this with anticipating to win all the money back? So they're basically taking a huge risk and then in anticipation of getting more money on top of what they have? Yeah, so how he was able to do this was he launched, so he had this trading firm and he launched an exchange two years ago. And the exchange quickly became the number two or number three most popular exchange in the world by volume. And he launched a couple of tokens. So he launched this FTT token, which is a token that was affiliated with this exchange.

And he said he had $5 billion of this token, even though they owned 80% of it. So if he ever tried to sell that, he maybe could have got a couple million bucks from it. Then he launched a decentralized exchange, and he said he had $3.5 billion of this token. But if he ever tried to sell it, the actual market cap was closer to $50 million. But what he was able to do is he was able to post those tokens as collateral against lending desks and get real dollars. So he's sitting there and he's saying, look, these two things are worth $7 billion. You can give me $3 billion. You're over collateralized two to one.

So these lending desks would give him $3 billion and he'd be able to go invest that. So his view is if he can keep this up, he'd eventually make the money back. And what happened is the crypto market had a big sell off in May, there was a collapse of this thing called Terra Luna, which was an algorithmic stable coin that led to a collapse of a couple of funds and he blew up during that time. But he pretended he had money, people were calling him the JP Morgan of crypto, he was offering bailouts to these different platforms all as a means to get their customer deposits on his platform. And he kept the Ponzi going for

another four months before it all unraveled. So he doubled down when he should have not necessarily come clean, but hedged a little bit? Oh, for sure. Yeah. He doubled, tripled down. he did two billion dollars of acquisitions in june and july and people were calling him the savior of the industry but really it was all just trying to plug his hole amazing and so he's currently in the bahamas right now he's on the run is that correct so he's in the bahamas that's where he's current that's where he's based he's at he's at albany which is like you know as luxury as it gets tiger woods justin timberlake they got a pga tour down there in two weeks so the fact that he's not arrested

right now is mind-blowing and what what what do you why is he not arrested yet I mean I guess the the party line is you have to you know be formally charged with the crime I don't know how much more evidence they need you know despite the fact that nine billion dollars is missing the conspiracy theories will say it's because he's the he was the largest donor to the Democratic Party last year right so he's a little protected that way and there's some Fishy stuff too about how he was using the money He's working with the government to

Basically launder this money to Ukraine or it there to fund Ukraine, but then laundering it back Do you know what the deal is with that? Yeah, that's getting more into the Yeah, that's getting more into the conspiracy theory world again. But he had a bunch of donations to the World Economic Forum. He had a bunch of donations to Ukraine. He had a bunch of donations to the Democratic Party. He was the largest donor to the Biden campaign ahead of the last election. But everyone asked where the money came from, and people thought he just had this money printing machine in this trading firm, but clearly that wasn't the case. So they did stadium sponsorship deals.

The arena down in Miami, the Heat play, it's the FTX arena. If you guys watch any baseball games this year, there's FTX on every umpire's uniform all season long. They did F1 stuff. They had relationships with Tom Brady and Shaq and Steph Curry and everybody. And it was all just right from customer deposits. He has a $50 million penthouse in Albany that he's sitting in right now that was just from customer deposits.

Mad Fientist So you said that banks were giving him loans based off his ledgers. Is that correct? Jeff Bullas giving him loans based off his ledgers. Is that correct? Yes. So not banks. There are these lending desks within crypto and they were giving him loans based on this illiquid token collateral that he had. So his FTT token was one, Serum was another. Those were the two biggest ones. At its peak, he said he had $11 billion in those, but there's no way you could have ever sold any of that for more than a couple million bucks. Are any of those people at all culpable or liable for lending to him when he didn't have the coverage? I mean, they're idiots, right?

And they should all be fired, and most of them have been fired. A lot of them went bankrupt anyhow. fired a lot of them went bankrupt anyhow um so he actually tried to save three of the companies that he used to borrow against it all went bankrupt because they were just like completely incompetent um there's one that's still standing but yeah 100 they're all liable because they let this continue to perpetuate and it's like you two if you guys just started chad and jt's token right now and you guys minted a billion out of thin air and you said it's worth $1. And you go, Hey, you know, can you give me $2 billion? I'll give you a billion of this. And I'd say sure, that that's effectively

what he did and what they did. And are those companies are they allowed to see like your financials before they loan to you? Or are they just trusting him that he has? No, for sure. They You get the balance sheet beforehand. So that's how all this came out. He provided one of those lenders a balance sheet as of June 30th and that got leaked to the press.

And then the CEO of the largest exchange tweeted about it and said it looked like he's running a big Ponzi, I have to sell this token. And that started a bank run so they had five billion dollars in withdrawals last weekend uh and then there was never enough collateral to meet the the rest of the demands so they had to gate everybody else so how much do we know how much money tom brady and giselle lost steph curry all these people who were linked to him probably not probably not a ton of dollars i mean tom brady and Giselle lost, Steph Curry, all these people who were linked to him? Probably not a ton of dollars. I mean, Tom Brady and Giselle did invest in the company.

The rest of them were getting paid in like FTT tokens or equities. So it was like paper wealth, but it's not like they put money in. But I think Tom and Giselle are the only two that did, and probably a couple million bucks. Is there less government oversight in crypto than in traditional banking? Yeah, for sure. And these guys were offshore, so he started this business in Hong Kong. Well, he was in California at first.

Then he started this business in Hong Kong because he was worried about regulatory backlash in the U.S. The Hong Kong government started to crack down. He moved to the Bahamas. So clearly there were signs ahead of time. But U.S. exchanges are pretty regulated. So if you get a Coinbase, like, you know, they're publicly traded now. They have a trust.

They can't commingle funds. They have audited financials. It's like a real legitimate business. And, you know, for a while they've been hamstrung because they can't do what these offshore exchanges can do. But yeah, crypto has a ways to go on the regulatory front. It's good to know that my $1,000 worth of Ethereum is safe because that's who I went with. There you go. Does the fact that he's a vegan have anything to do with this?

I mean, I don't want to body shame anybody, but have you ever seen a vegan that looked like that? I think that's a lie, too. Dude, tell me about it. Oh, so you think he was claiming vegan so that he could present as more evolved and that would incur more business? For sure.

It was all part of his effective altruism, moral high ground bullshit. Wow. Wow. Yeah. So Mr. Capitol, did you have an inkling that this was coming? You smell like, you know, you see these red flags and something smells off and his story never adds up. But, I mean, you know, the guys went to MIT, his parents are Stanford law professors, you don't think

he's stealing 10s of dollars from customers to fund his personal lifestyle. Yeah, maybe there's a hole, maybe it unravels, maybe has to come out of pocket. But no, I didn't think this was the magnitude of what was going on. Was he entertaining the ladies? Is he married? What was his sitch there? This is where the rumor mill gets going, too. There's basically 10 of them that live together in this penthouse in Albany.

Apparently, they're all having relationships with each other. Oh. And they should all be in jail. Was it a mixed pot of men and women, or was he the only dude? No, it was a mixed pot of men and women or was he the only dude no it was a mixed pot good hmm yeah he was sharing the wealth that way yeah yeah he was giving away all the wealth that way yeah it seems like a certain point you know someone was like wait a second those aren't impossible burgers thanks god do i uh what's the future of crypto where do you think it's headed i think he he set the industry back quite a bit um yeah i

think there's still there's still a lot of excitement there's still a lot of people in the industry and there's still going to be a bunch of capital that flows into it but you're going to have a big regulatory backlash in the u.s and for good reason um and you probably set it back two years three years so um but what's the ripple effect of like this kind of gigantic wealth loss like i remember when madoff went down like the like, the MTA had all of their pension funds put into his investments. So you had all these, like, blue-collar people who work on, like, subway trains that just got fucked. Is there that kind of, like, I don't know, just tragic fallout from this situation? got fucked by madoff too which hurt the most um yeah i mean i think uh you had a couple pension plans here you had some you know large asset managers invest dollars so their investors are all going to be fine like given the investors they had that's not a huge amount of capital um but if you think about it from a crypto industry perspective 10 billion dollars is gone and in

bankruptcy courts which could take two three four or five years to play out who knows what the recovery is because he invested in a bunch of bullshit and you don't even know where half the money is um so if the multiplier of a dollar in crypto is like four or five to one you know so a dollar invested might cause a price to go up four or five dollars. And you think about ten billion dollars, that's 40 or 50 billion dollars of potential value. Yeah, that's that's five, 10 percent of the crypto market cap gone. So the ripple effects of that are real.

You have a lot of people that invest at 100 million Coinbase users alone, you've probably got 300 million people around the world, so you don't have a ton of pensions and fire departments and police departments and crypto yet but but it's hurt it's gonna hurt a lot of mom and pops there for sure that's a that's a shame what what do you on a more macro level what do you think what do you see the economy doing are we headed for economic disaster or is it going to be, is everyone just kind of, you know, freaking out, but they don't have too much reason to be? I think it's hard to not see the U.S. going into a recession next year.

You just don't see rates go up this fast and not have something break. So, you know, the average 10 year treasury in the US was at 1.6% a year ago. Today, it's at 3.9%. It's like a huge move. Everyone's celebrating inflation. It's still at seven and a half percent. Big tech is having a bunch of layoffs so you're very likely going to see a recession into the middle of next year inflation's still running hot and that's just a recipe for some for some trying times and you don't have a you don't have a good playbook for inflation so if you think back to the past three financial crises in the u, you had COVID, where they just injected trillions of dollars into the economy. You had the global financial crisis, where you're able to do the

same. And you had the tech bubble, which was actually more of like a two, three year prolonged recession. It's probably going to be more like the tech bubble than it is the global financial crisis or COVID, if I had to bet. Because those were like singular events, and this is more just like broken parts in a very complicated system. Exactly. Well, then, so what's the safest place to put your money? You know, right now, you can invest in some of these, you know, two-year treasuries at 4% and roll them. That's not terrible. You have these I-b treasuries at 4% and roll them.

That's not terrible. You have these I-bonds that'll pay you up to 10%. You can only put in $10,000 into that, but it's a good place to start. And you could just keep buying the market when it goes down. But cash, even though you have a high inflationary environment, is still going to be your best trend here because there's going to be a bunch of volatility. What's a two-year treasury? So the U.S. government prints debt with multiple tenors.

So you're effectively lending to the government for two years, and right now you make 4.4% a year to give them that money. So it's quote-unquote risk-free. Because it's insured by the government? Yeah. So what do you think think for the audience out there who might be a little anxious what what do you think the best is that what you think the best move is to say save for like how can we combat this upcoming recession and yeah you know i think uh i i think cash think cash is king right now. Don't spend money you can't spend and pick your spots wisely to invest and don't do anything that SPF has done. What's your read on Elon and his game plan for Twitter. And I've heard people saying and kind of schadenfreude-laden

that they think he's going to go down with this thing. How do you see it? It's an awesome experiment that we get to see happen. He's fired 50% of the workforce already. He's going to fire 75%. I mean, you never want to celebrate job loss but i just think these companies have gotten so bloated and so many people do nothing it'll be really interesting to see how he runs it there's a bunch of low-hanging fruit to fix

twitter and twitter should be such i mean it is a good product that it appeals to a certain cohort of people but it should be such a better product so um it's going to be really interesting elon started his career you know as a as a software internet guy with paypal right then he went into the hard tech stuff with tesla and spacex so a lot of people are like oh he can't do software he can't just do pure internet but that was where he started his career and he attracts a lot of really good talent. I'm not going to bet against him. You've said it before on the podcast, but can you describe the brief interaction you had with him?

It was when he was acquiring SolarCity with Tesla, which was riddled with conflicts of interest his cousin was uh he was on the board of solar city his cousin was on the board of solar city the solar city guy was on his board and it didn't make any sense for tesla to be acquiring a solar panel company that was about to go bankrupt but he had a bunch of money in it so he's bound himself out with his shareholders currency and this is before tesla really turned the corner. So, uh, it was trading in a big spread, which means the market is pricing in a low probability that deal gets completed. And, uh, I had to be the one to tell him why. And he said, he's going to fucking

Mars and I can't calculate a spread and they don't trust him. I told him, I said, Elon, there's always one billionaire in the room and that's you. So I tell them I trust you. But he was not happy with that. Why do people hate him so much? Do you have a good sort of succinct summary on that? I think people hate people who are successful there's a lot of there's a lot of envy out there and uh you know the guy's just trying to

you can hate his tactics you can you know hate how his you know his personal life whatever i don't know why you care but uh all the guy's trying to do is and he did you know spearhead the electric car evolution which is awesome and he reinvigorated the space race and has you know america back on top of that which is important um and now he's doing things with starlink like he single-edly was responsible for Ukraine having Internet during this war. So I don't know. Seems like a decent guy to me. Yeah, it seems like if you balance it all in the ledger, that's there's more positive there than negative.

And a lot of the negative seems to be connected to just like ego and personality on his end. But some of that seems like it actually helps the things he's working on. Like he's just kind of playing the part of uh for sure like that we love of this like rebel billionaire who does his own thing you're not gonna you're not gonna be able to build reusable rockets if you're a normal guy on twitter he's almost like the pete davidson of billionaires so everyone's mad at him for having a huge cock yeah and you know what just accept it it's not helping yeah to be mad at pete david having a huge cock. Yeah, exactly. And, you know what, just accept it. It's not helping them to be mad at Pete Davidson's huge cock,

as we've seen with other stars. For sure. How did the markets react to the non-red wave that happened over the recent election cycle? You know, because you're going to see more gridlock, it was kind of fine. The most important thing right now for the markets is the Fed and the Fed's reaction function. And so you had inflation last week that was better than feared.

So the market ripped. You had like the best two day move in the Nasdaq since the tech bubble burst. in the nasdaq since the tech bubble first uh you had there there's this goldman sachs non-profitable tech basket which is about as far out the risk curve as you get it had its best two-day move ever so it's tough to you know unbundle the move from the election results and the inflation but market's done well since then and seasonally it's a good time of year i have a question a lot of uh like high-ranking financial officials, I'm thinking of Jared Diamond. Is that the dude from, where is he from, J.P. Morgan?

Yeah, Jamie Diamond from J.P. Morgan. Right, so he came out with a book about responsible government leadership, and it leaned heavily liberal. But I have trouble believing that's how he operated his actual business. Do you see that often with like these titans of industry that once they've made it to the top they kind of play more to the

like moral left but it's not in line with how they actually got there you know i think a lot of them fall under the the rockefeller democratic right which is uh socially liberal fiscally conservative so jamie dimon will never say he's for big government and high taxes um but he is for you know the right social policy so he'll lean into things like education he'll lean into things like affordable housing he'll lead into things that education. He'll lean into things like affordable housing. He'll lean into things that he thinks are good for economic growth and good for society. It's the same thing with Lloyd Blankfein, the former CEO of Goldman. And so they'll run their business ruthlessly, but that's how they think you have to operate. If you're operating the country, there's a different lens to which you're evaluated.

If you're operating the country, there's a different lens to which you're evaluated. It's not just purely a return on equity, which is how banks are evaluated. It's some combination of how the economy is doing plus how your citizens are doing. So you don't have an innate distrust of billionaires who go into politics. You think that they treat it like a separate job with different fundamental goals. Well, I wouldn't say we've seen many successful instances of that, right? So I think it's case by case. I think like Michael Bloomberg is probably the best case of this. He did an amazing job in New York City.

Yeah, the bike lanes and he got trans fats off the menu. He was big on health. He was making a fitter, hotter New York. That was his goal. the menu like he was big on he was making a fitter hotter New York that's that was his goal that's what he ran his third term on fitter hotter New York I'll vote for that yeah it wasn't a bad idea all right well anything else mr. capital what's the big thing that no one's talking about that we should have our ears and eyes uh tending to the big thing that no one's talking about um

i don't know i don't know if there's anything big that no one's talking about i think everyone's gonna sleep on crypto and i think people are gonna wake up in a couple years and wish they bought some some bitcoin or some ethereum or someana right now. So everyone's talking about it, but for the wrong reasons. So I should keep my $1,000 in Ethereum. Yeah, you'll be happy. Nice, dude. Are you dropping into Warzone 2? Are you a Call of Duty guy? You know, my job is a game,

so I don't get much Call of Duty time after this. Right. I hear you. Do you get like a chemical brain release when you see those numbers moving on the screen? When they're green. When they're red, it's like the opposite. What do you do when they're red? How they're red it's like the opposite what do you do when they're red how do you combat the anxiety oh you can't be anxious otherwise you're in trouble you'll make they're gonna be red they're gonna be red just as much if not more now when you have a

bad day do you tell your lady hey shit went sideways at work today. Or do you keep that in? You know, usually doesn't need much explanation. But yeah, you let her know sometimes. Because it's on the big days, because the big days like last week, because it's on your face. It's impossible to hide. Yeah, sometimes. Well, did you sound great? You know, you're always steady in the storm i appreciate that about you i just learned from you guys you know always gotta always gotta be steady always gotta be stoked oh thanks bro well dude this was wildly informative i'm gonna have to look up a lot

of the things you said to make sense of them but i don't think anyone could have made it make more sense for us yeah first uh first google search after this podcast is the word hedge let's figure out what that means dude i was i was because i was like we gotta call mr capital on this but i couldn't remember your name like i was i was like is it mr finance is it mr like big biz and finally i was like mr capital that's the way it is so it's a pleasure yeah we're grateful to have you as our insider always a pleasure guys all right man talk to you soon all right later brother wow dude what he's such a great talker i mean the thing is is like poetry comes in all sounds you know

what i mean and like hearing him riff on it yeah it's got a melody to it it's like listening to a great song i'm like i could just sit back and let this wash over me for hours dude like when he was talking about when he talked to elon he's like and it's based on the market spread which is like the probability of the deal like you know like i could you're right i could listen to it all day his highway is clear of clutter it's just one car going as fast as it wants but you feel like he's sticking within the lanes like he's not you know playing fast and loose with it he's in new york i think so he's i don't know if we're allowed to say right he might be in stockholm who knows the guy's a world traveler oh he's passport is stamped that's like when uh that's like in Miami Vice when Colin Farrell calls what's the actresses name

Kong Lee Kong Lee's like where are you Geneva and Colin Farrell he tried to improvise this but they cut it out of the movie but he goes that's hot all right cut what it is hot yeah it is hot right isn't that kind of the point it is hot that's hot he's just bragging to jamie fox it's like brother this girl travels she's on the move she's got the perfect suitcase for carry-on it's packed beautifully it's hot it's like jamie fox like you're putting the whole team at risk and he's like look she's hot she's fucking cool man what do you want me to do she's so hot she makes moves hey sunny where were you cuba why'd you go to cuba she's hot dude what else did you watch chapelle on snl i watch his monologue that's all i watched as well they gave him 15 minutes dude i know there's like

controversy around it, but every time I watch him perform, regardless of the content, just watching Chappelle with a mic reinvigorates my love of standup. I wasn't crazy about his monologue. I didn't think the material was as good as what you're talking about.

I do think he's the most gifted orator I might've ever seen. Like the way he pauses, he doesn't waste words yeah the way his punch lines flow so naturally in regular conversation he's truly i think like just one of the greatest talkers ever but it made me sad just because i'm like i thought anti-semitism was like done and it's like people are still being like you know hollywood's run by jews and stuff like the whole thing just makes i'm like oh guys like yeah i don't know i'm not at those echelons of uh industry but i don't think it's really like that there's a lot of jewish people here but they

just rip it hollywood stuff it's a good thing yeah there's good yeah that's not... It is weird when society or people in culture, like big figures, seem to backtrack a little bit. Yeah. Especially when you're... You just seem like it's of the 20th century, of the past. But I guess, you know,

that's why you gotta sort of keep your head on a swivel, because this stuff has been prevalent for it doesn't go away yeah and it does it feels like backtracking i i just think too like he's so obsessed with the uh cancellation stuff like he's always like it's been a hard couple years for me like they're trying to they're coming i'm like but you keep succeeding yeah like you're almost the worst argument for what you're arguing because every time you get more controversial, more good stuff seems to come your way along with the bad.

But like who else gets 15 minutes to open SNL? He's the only one. Yeah. And then he gets paid like $100 million a special. I'm like, I don't know if it's, I don't know if it's i don't know if it's i don't know if you're being that adversely affected by the thing you're saying is so right yeah not that it doesn't happen but i'm just like but you seem to be crushing it dude yeah speaking of mind opening drugs too how is your uh my microdose yeah how's your foray into microdosing going? Dude, it's been great.

I've been having some really great days. You know what's interesting about it? It's like psychedelics in general is like, I'll sort of look at microdose days as like, oh, this would be a good day, you know? But the thing about psychedelics is just sort of, that I think is cool is like, even when I'm taking, when I take a microdose if I have some anxiety it can heighten the anxiety and so more just instead of being like something like you know

alcohol or something where it just numbs it takes it away it forces me to confront it more and then when you confront it yeah then you can then you can sort of surpass it and uh feel really great so i've been having some good days but felt more creative more just optimistic about life in general just more at peace uh we did a shoot on psychedelics and that was like the most fun i've ever had so yeah we had a good time we went to a psychedelic conference in dallas which was not like a huge event it was probably like a hundred people yeah but it was a lot of fun and yeah I mean Chad were tripping balls throughout yeah totally and and so I've been enjoying it a lot so far and and I yeah you know I'm interested in the guy because I'm

doing psilocybin mushrooms but then we talked to some professors at the thing and they were like uh LSD is better for creativity psilocybin is better for like anxiety depression so maybe I'll you know do a month of this I have like a month's worth of shrooms for a full month long microdose maybe I'll do LSD after that and see what I do I'm just getting wild with it getting crazy you're trying stuff out dude yeah I'm I'm fired up i feel like a i feel like i found my thing because we know when i drink it it just like wrecks me for like days after and so i was sort of like i can't drink and i love i like being sober um but then i felt like i felt kind of trapped by that where i'm sort of like i felt like i was sort of constricting myself too much where I was like it kind of created like a little bit of sadness or something aware of like you know maybe being too hard on myself something

like that but then finding mushrooms where it's like it sort of unlocked this thing of me where I'm like oh I can I can have fun you know without alcohol uh it's like it's like finding a new thing it's like finding my new thing you know what I mean I can't make it sound there's a it's hard to not make it sound bad like I just found my new drug but that's kind of what it is you know what I mean yeah you found a way that you could get tilted that's not gonna have like uh worse repercussions than the benefits of the of the experience yeah yeah because booze always took a lot from you and with shrooms it seems like it cuts down on that the the next day punishment totally and but then it also gives me you know i've written down some like thoughts of like you know i think one thing i had too with a lot of the alcohol is that, like, it would unlock a version of me that I really liked.

But then I would pay severely for the consequences and stuff and all that. And it just made me look like shit, all that stuff. And so I was like, I don't know. But then through microdosing, I found, like, oh, no, that's inside of you. You don't need a substance to, even though I'm taking a substance, but you don't need a substance to unlock that. That's just inside of you, which I've always kind of known. But I think it's helped me to sort of find that in everyday life,

except when I'm tired and I'm just pissed. That's normal. In Boston, some of my friends, and I met them through my dad they were my dad's friends uh from uh Montana they came to the show because a lot of them are east coast based yeah and one of the dudes Max he's around my age but him and my dad were like besties especially when my dad was going through a breakup he moved to Miami and uh got a really sick apartment and was just kind of living it up he was kind of partying and Max was kind of his running mate. And they had a really beautiful relationship. But I went out there to visit my dad for Thanksgiving.

He didn't tell me Max was gonna be there. And I got like a little bit jealous, because I'm like, why is this other guy who's like my age here? Like, did you not want to just hang out with me, Dad? But I was competitive with Max, and me and him ended up partying extremely hard. Like, we were every night just railing Adderall and Coke

and boozing and staying up until, and we were just staying up all day. Like we didn't sleep. And neither one of us wanted to like back down basically, but we were having a good time. But there was this like, for me at least undercurrent of like, I got to beat this guy. I got to show my dad, like I'm the harder partying guy. And, uh, and like one morning Max was like, dude, I feel like shit. Like, am I supposed to feel like this? I was like, dude, you're fine. And it felt so good. I was like, yeah yeah i'm kicking his ass and then i overheard my dad on the phone later being like yeah jt and max have been partying man jt can party and i was

like yes but that weekend ended up being really bad for me i went into like a tailspin afterwards of drugs and like webcam porn and all this gnarly and me and max never really talked about it but he came to the show in Boston and we were chatting about that week and he's like, dude, I got sober after that weekend. And I was like, yeah, fuck yeah, you did. But the truth is I got sober too. At least I still drink, but I stopped doing Adderall and Coke after that. Cause I just, I hit my bottom. I saw the devil and I was like, I can't, I can't come back here anymore. Like that's where this takes me now. and it's just so funny that me and him trying to like like just be hard asses and show that we were like tough in the weirdest way possible just through partying both like kind

of forced each other to get better yeah like i was stoked he's been sober for like a couple years now and i was like and i haven't done that stuff in a couple years and it was like i don't know i feel so bonded to him now because of that i was like man you and me like we we went to the edge of it and we both came back which is what makes it a good story but i forever now i just feel like we're brothers because we went through that together dude i i love that and i also think that's i like that's always sort of in my sort of uh approach to substances or anything like that in life of like, I'm going to take it to the limit. Like I've never really understood having a beer or two and stuff. Like, no, I'm going to take it to the limit and make myself so miserable that I'm off it for two years, you know,

vaping and stuff. If I start vaping, I do it all day, nonstop. I'm gonna vape until I feel like complete shit. That's how I do it. Yeah, it's almost like the middle is just too boring for a lot of people, even though that is the DAO. You know, the DAO is the middle way, but it's just fucking boring. It's tough. Yeah.

Should we answer some cues? Yeah. Guys, I'm interrupting this podcast once again to let you know that we are on tour get tickets to see us at chad and jt.com i'm talking denver atlanta salt lake city nashville tonight and more dates coming soon chad jt.com get your tickets now hundred dollars we're also brought to you by the legends at manscape manscape thank you so much for keeping our trims p for looking after our hawks making sure that our dinks are looking fresh and clean because ho ho ho the holidays are here and it's never too early to play holiday music to put up

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That's 20% off and free shipping with at manscaped.com use code go deep manscape get your jingle balls ready for the holiday starts now all right let's get back to the show all right um hello sultans of stoke i come to you with a question of flirtation i have a neighbor who is a babe she has the same dog as me and we run into each other in the hall elevator etc all the time i would have asked her out but i had seen her with the same dude a few times and out of respect i gave this unknown bro space when i run into her the conversation never progresses past small talk last week we're in the hall and she asked if we could let the dogs off the leash and play i said sure and asked her how her weekend was she said it was okay i went out of town to break up with my boyfriend whoa i was shocked to hear this news mainly because i

don't really know this person at all bros why is she telling me this is she sending me some obscure signal should i start making a move i don't want to miss an op with a cute girl but don't want to be insensitive to her situation any advice would be greatly appreciated yeah dude i green light to ask her out i think you're good i mean who knows what she's gonna say but she's single you guys have good banter ask her out i don't know yeah no i thought i just thought it was funny that the the analytical mind of the horny male it's like she said this to me so what does that mean does she mean what's the she might have just been telling you what her week was or she just wanted to share and get off her chest but it's not a bad sign yeah no totally i remember one time i was like in like fifth grade a huge crush on this girl and i kept instant

messaging her but she was into my brother and then she's like she's like chad honey and she's basically like turning me down i was like wait she called me honey that means she wants to make out but no i think i think it's a good sign i think he's a you know that's i think i just play it cool i mean she's fresh off a relish so you got to take that into consideration um you know and just be like just invite invite her out. Maybe something like, Hey, me and my boys are going out for the night in the town and the way we party is we take it to the limit. So do you want to, you know, do Adderall and Coke all night? Dude,

I was going to go the other way and ask her if she wants to go like apple picking. Don't women love that stuff? Yeah. I think that's probably a better way. Or ask her, do you know what I've learned from being in a relationship? Maybe I'm older now, but like women love like redecorating their apartment. Be like, hey, weird. I got a like a coupon to go to Crate and Barrel. You want to go in there and like see if there's any fun stuff that we could use to decorate

our respective apartments? Sounds nice. Is it hot? I think it's pretty hot. Yeah. All right. chad and jt what up bros i come to you on behalf of my roommate danny who could use your help she is a longtime stoker of stoke nation introduced myself and our other roommate to your good vibes and activism america needs bonding and the three of us bonded while binging your netflix series which i must say

was the poignant artistic equivalent of a fine bottle of Savvy B. Dani is having a rough time as late because the pressure is ramping up as she simultaneously finishes up her master's thesis in poli-sci feminism and supports herself through numerous part-time jobs. Total badass. Her topic is super rad interesting, but it seems to be very hard to continually digest emotionally. There's a lot of renobs out there that can really rob a strong woman of her stoke, and she goes to read about all of them. She has to immerse herself

in all this toxicity to understand it and form a cohesive argument while not letting it overwhelm her. Honestly, the bit from Harry Potter where Dumbledore drinks the poison in the cave in order to get to the horcrux is a wildly apt metaphor for what she's doing. Anyways, I worry she raises so many other people's stoke

but no one's looking out for her one thing that always gets her happy is you bros especially you jt she loves you man sweet um she's a regular listener of the pod and if your bros could shout her out or give her some encouraging words i think you'd get her really stoked there's not really a question here what does she do she's uh finishing her master's in poli-sci feminism, but basically she has to read about all the worst examples of ugly men, and he wants to get her fired up. Well, dude, be the nice guy that you are. Clearly you're so incredibly thoughtful.

I mean, it teeters on too much, but it's a beautiful thing. I would take her apple picking. Show her a nice time. Dude, I think two words. Pancakes. Amen. Bring her some pancakes. Have some pancakes with her.

Dude, you go to a nice diner where you have waffles and you put syrup on shit. Dude. And you put syrup on pancakes and bacon. Dude. shit and you put syrup on pancakes and bacon and then you dude i just i just bring her like a whole keg of syrup and be like let's fucking finish this dude that was beautiful bro thanks that sounds great yeah bring her some pancakes not a question you know what our listeners are almost too smart be nice if we just had like we used to have more morons who would write in. And be like, yo, I fucked my cousin. Should I tell my uncle?

I do miss those a little bit. The answers were so easy. Hi, Chad and JT. I was in a fancy Aero 1S supermarket today, and I watched a guy accidentally knock over a display case of figs, and then proceed to step on some of the figs as he just walked away it struck me as a really inconsiderate thing to do because he did not even attempt to clean up or at least consolidate the mess he has made he had made he didn't even look the slightest bit remorseful for the other people who had to deal with this mess one of the workers nearby had to clean his mess up after he walked

away it really fucked with my mental seeing this play out and i got into this existential thinking about why jerks like him even get to exist i would feel so bad if i did that so i don't understand how other people who live and breathe can do that and just leave their mess for others to clean up why does evil exist how can we continue to live and work and be happy in a world where we know that there are evil people yeah i think just be the light you want to see in the world i mean getting yourself worked up over this guy, this fig master, who's a fucking, you know, wider than he is, tall dink, which is a chode. You know, I think in those instances when you see an asshole,

just be grateful that you're not an asshole and also embrace your inner good person. You know, maybe go clean up the figs and just make make you know one of the employees days better um because i think uh i think getting worked up over you know a chode is probably you know there's you can you can get yourself worked up over it all day but this is your life you know enjoy each day and let the chodes be chose you know i think that's really well said let the chodes be chose because i also

think it's kind of tangential but i think there's always the same way i was talking about how like my insecurities will always take up a certain amount of me and orient around something i think there's always kind of a static amount of evil in the world and it just moves around like almost like fashion, what we're evil towards or how that evil, uh, shows up. But I think like people are always going to be pieces of shit. That's just hardwired into us. And like, even sometimes I'll have friends be like, can you believe this person treated me that way?

And I'm like, well, I've seen you do that to other people. So there's someone complaining about you the way you're complaining about that person it just doesn't exist in your dynamic with that person but like you have as much piece of shit in you as that other person it just comes out in different ways we're all just monkeys you know what i mean and like one monkey slaps us and then we walk over to another monkey and slap that monkey and some people are better at it than others but i think there's always a baseline amount of cruelty that just exists. And, you know, it bums me out when it gets too many green lights or when it becomes too popular.

But it's just part of, like, being human. It's like, that's just in us. Some people are just fuckers. There's always just a certain amount of fucker that's just going to exist. And we'll never eradicate it. But we can we can you know try and amp up the good parts like yeah like cleaning up those figs that's fucking someone does that that that's that almost makes it worth it for the person who knocked over the figs you know that there's people out there who clean up the figs and too when there's i always find assholes you can also laugh at it too when someone's such a

huge asshole you can be like that's hilarious that that guy's such a piece of shit you know what i mean and then on top of that uh oh fuck what was i gonna say i forgot i like i think assholes are funny and um i forgot something too but it was probably really profound. You could also check that guy. You could call that guy a piece of shit. I think oftentimes too, like what fascinates me is that like people who are assholes are also sometimes everyone's sensitive too. Like I was at a karaoke night one time and I just met this dude and he made like a stupid joke about like Asian people. And I was like, I didn't know him. I was like, bro, come on. I just met this dude and he made like a stupid joke about like Asian people

I was like, I didn't know him. I was like, bro, come on. Don't say shit like that. That's rude And then it got really awkward between us and then like one more song played and we both like turned to each other with like Tears in her eyes and we're like, sorry, but he was like so sensitive about getting called I think if there's a bunch of people around they they act tougher about it They look fuck off bitch But like if it's just like if it's intimate and you call them out like if you walk up to that guy you're like hey dude that was fucked up the way you knocked over those figs there's a 50 chance he'll be like hey whatever fuck off but there's also a 50 chance that he'll be like you're right i am a piece of shit i don't

know how i became this person i hate who i am and then you'll be like bro go easy on yourself yeah but he'll be better off for it yeah uh and too oh i remember i was gonna say too on top of that is uh someone's an asshole too i always either thing is funny or you feel bad for them because obviously there's something that's making them really unhappy to make them behave that way for sure so if someone's being a dick then you should be like man especially if someone's a dick to you yeah yeah there's something going on with you yeah like when he was a kid he loved figs but every time we'd go to eat him at the table his dad would knock it off the table yeah and they'd be on the ground and his dad like oh do you still want these figs 10 second rule what if i step on him dude and so now he doesn't even know why he does it

but he just has to like knock over figs wow because he's become his dad because that was the only way to beat his dad yeah then you could you know pull a goodwill hunting and be like uh it's not your fault it's not your fault not you man don't you fucking do this to me i used to think that was bad therapy, that the therapist did that and hugged him, but then my therapist was like, no, that was good therapy. And I was like, alright, fine. It's not your fault.

It's not your fault. Shut up. Not you, Sean. Don't you fucking do this to me. It is my fault I knocked over those fix. Don't touch me. It's not your fault. Don't touch me, man me it's not your fault don't touch me man it's not your fault it is my fault it's not your fault it's not your fault it's not your fault

all right last question that was a huge breakthrough super spreaders is stoked the boys and i have been spreading our musical stoke all over town in some high energy bars the ladies love it but i'm already in love with my that's funny but i'm already in love with my dank gf is it wrong that i make some eye contact or smile at ladies some ladies having a good time i want to give an engaging energetic performance but i can't help but feel guilty i think I secretly enjoy the passive flirting and extra attention. Oh, you think? Oh, you think you might enjoy it? Yeah, duh, dude. You like it when chicks look at you? Weird, bro. Am I being too hard on this guy? No. Okay, cool. Is this wrong? As performers, any tips to staying fun but loyal to the ladies back home? Dude, I don't think there's anything wrong with that level of flirting.

But I actually think it's good you feel bad about it. I think that shows how much you love your girl. And so I think it's actually a good thing. And look, you're still going to do it. But it's good you have boundaries up on it. You don't want to... That stuff can escalate. So it's good that you're leaving it to that confined space.

And I think it's really nice that when you look at them, you think about her. That speaks, I think, positively about you and her. You guys have a good projection based off that. Yeah. a good good projection based off that yeah i think too uh i i don't think you should be the one um initiating it too off you know if you're sort of looking at them and just being like you know with the eyebrows just whoa do you do that that's crazy powerful you got to be careful with that dog did you feel it i did can you hit me with it again? Dude. I feel really special. Like if you're, he's talking about karaoke.

I know, it's his band. Oh, it's his band. That would have been way more embarrassing. I'm ripping at karaoke all over town. The ladies are digging it. He's singing Lose Yourself. He's just. Yeah, dude, when you rip like a high e note i don't know anything about

music but when you rip a fat c note you know you just like don't look over and just because that's a that's gonna escalate for sure and also dude like you get to feel special for a moment as a performer none of us are that you know? And you get to have a fun experience that feels good for yourself. But you just always gotta remember, at the end of the day, you're a fucking loser piece of shit, and it's all an illusion. Yeah. And mind your e-brows, too. Yeah, don't be willy-nilly with those, dude. It's dangerous. Yeah.

Chad just hit me with those, and I've been like, I'm ready to throw it all away for him. Yeah, he just creamed. I did, I busted. Yeah, he splooged on the couch. And I recharged quick. Pretty quick. Good thing that couch is...

As long as I can have sick thoughts, I can recharge. I'm never short on sick thoughts. Good thing that couch is the same color as dried juice. Mm-hmm, mustard yellow. I, uh, bad diet diet we gotta call one thing out jake's been coming on the road with us traveling shooting videos what a legend thank you i really appreciate the opportunity we got another we got another sorry we got another camera guy chigas cheeks we might just jump let's you know what let's do it for Beef of the Week. Chad, who's your Beef of the Week?

My Beef of the Week is... We covered it in the beginning, but waking up disoriented from a nap. Dude, I don't know if there's any kind of crazier feeling. I literally, you know, it's like you're having a good day. I was super productive, but tired. Like I was feeling tired, but I was just cranking it out, you know, editing stuff, making calls, sending emails, you know, resisting the urge to jack off, all the things you got to do on a weekday. And then I take a nap and I wake up an hour later because my alarm, I like slept through

the alarm and I was just, I later because my alarm, I like slept through the alarm. And I was like, what? Oh, what? And I felt like I was in fucking, I don't even know where. I felt like I was in Alice in Wonderland. And, but not in a good way. In a way where you have like those giant cards coming at you and you're like, what the fuck dude? So, um, yeah,

my beef of the week is waking up disoriented from a nap and not getting like, it did the opposite of what I wanted. It did not give me the rest I was craving for this pod. I hear you, man. Well, you're ripping dude.

So you're playing well hurt. Dude, my beef of the week. I love our boy Chigas. He shoots on all of our videos. He's the best hang in the world. He's easygoing. He's world. He's easygoing. He's smart.

He's just a, you just look at him and you trust him. You know, he's got a good heart and he looks good. He's a handsome guy and he's in good shape, but his diet, the diet's out of control. He's ordering milkshakes every meal of the day with like buffalo wings. I mean, he's going across the board crazy items and uh i'd like to see his veggie intake get boosted a little bit and i don't like picking on people but when i think it's you know to the benefit of their health it's somewhat you know deputized so um cheegs i love you brother but next trip we go on and he's been coming up with all the ideas for where we go he's

fucking firing off ideas it's awesome the guy's uh a wealth of creativity but brother man i need to see you eat some broccoli broccolini anything in that family dude and we went to dick's uh for lunch it was i think you were you were hanging but in san antonio and we had kind of started to give him shit about you know we were in dallas earlier and he got like a milkshake or something he's like i'll have the platter what's the platter the platter is mozzarella sticks fried pickles buffalo wings uh what else is on there like uh mozzarella sticks already mozzarella sticks just every kind of appetizer that's fried and he's kind of leaning into it now like now he knows he's got a rep when we did your birthday dinner at rain rainforest cafe great spot check it out local haunt and uh he uh he ordered straight

to dessert yeah he he did like a brownie sundae no ent entree. Yeah. Wild man. Yeah. Yeah, and he also like saves everything and then eats it at like 8 a.m. So he had like wings and like mozzarella sticks before we got on the plane. Oh, that's right. He had a cherry Coke. What do you have? Like a root beer at 7 a.m.

He was house and root. He'll order these things anywhere too. Like you'll be at like a Thai place. He's like, you guys do root beer floats here? Im. He was house and root. He'll order these things anywhere, too. Like, you'll be at, like, a Thai place. He's like, you guys do root beer floats here? I'm like, what? Yeah. He's asking for, like, blended items at, like, you know, like hotel bars. I mean, this is crazy.

Yeah. Yeah, what a guy. Love him to death. This is what I'm getting on him about. Chad, who's your babe of the week? this is what i'm getting on him about chad who's your babe of the week um my babe of the week is dude so i took the train from boston to new york and i mean it was a beautiful fall day probably like 60s clear skies and i'll be honest i went to boarding school in Connecticut and I wasn't the biggest fan of my time. And so I always had this kind of disdain for Connecticut, you know, just because of that experience.

It was just from that experience. I was like, honestly, you know, I was kind of like, I hate that part of the country because, you know, I went through my adolescence there and i didn't have the best time but now as a mature stoke lord i took the train and i was like this is boston new york the connecticut coastline rhode island it was beautiful i was like oh my god like i love the northeast now i like i i never in my life thought i would say this i could live in boston it was beautiful, and I was like, oh my god, like, I love the Northeast now, I, like, I, I never in my life thought I would say this, I could live in Boston, I could do it, I fucking, I love it there, and people were like, wait till the winter, but I was like, you know what, dude, these places are tight, and there's Dunkin' on every corner, and that fires me up, so I just want to give a shout out to the northeast i have a new

reinvigorated love of it and i can't wait to go back new york city is the best amazing city boston what up dude saw the uss constitution so dude my babe of the week is the same it's new york city and boston yeah tremendous cities yeah just amazing yeah so fun like the life i So dude, my babe of the week is the same. It's New York city in Boston. Yeah. Tremendous cities. Yeah. Just amazing. Yeah. So fun. Like the life, I mean, you hear it a million times about New York that it's just like a different energy. It truly is. I mean, you walk outside, here's what I like about it. Like a lot of cities are diverse, right? Like LA is super diverse. You go to a, you know,

a restaurant in Los Feliz, you're going to see people from all over the world, but everyone's kind of muted out here in New York. It's people from everywhere and they're all being loud as fuck. So you hear all the different culture just banging into your eardrums, but it's exciting. It gets you up and then you start being more of whatever you are. And then I liked it. It kind of brought out like the, uh, cause there's so much heart underneath the shit talking, you know what I mean? Like you would just be somewhere and disagree with someone, but at the end of it, you felt like saying, I love you to them. You know what I mean? I'd be like,

like some guy was like, you're going the wrong way. I'm like, no, I'm not chief. You're going the wrong way. And then he went, all right, fine. And I went, yeah, good to see you, man. And then you walk away and you're like, yeah, that's it's, it's the best parts about life. All smashed into a quick little interaction. And yeah, I just love the passion. That's what it is. It's passion. It's passion.

And it's all over. And then, you know, dude, when you're driving down to New York Street and there's steam coming out of one of the manholes and you're looking all the way down and you can just see these huge skyscrapers that just all got stacked into this little island. It's a, I don't know. To me, I'm going to say say it and no disrespect to boston i

think new york is the only true city in america although we're going to chicago in a couple days and maybe some people have told me that'll make me uh uh amend that but i don't know to me new york is no no i i hear what you're saying because i was in new york city and when you're there when you're in like the West Village or something when you're sort of looking out the buildings and all that kind of stuff you To me I was looking around I was like man. This is the pinnacle of human creation. I think so this is Even though Europe started, you know a hundred years earlier Asia

similar thing I think it's like New York was sort of like I a similar thing i think it's like new york was sort of like i haven't been to france parents or whatever but or london but it's sort of when you're there you're sort of like it's like it's like we sort of planted our flag of like we're gonna make this a beautiful piece of art this city and we all work together and create something that's amazing um yeah it's it's a real like it's like you're looking at like a cell and you're seeing all the different parts of it work together and like you really do feel like you're part of like a bigger organism yeah when you're there i don't know any other city la doesn't do that no because we're all separated here yeah you know it's as strider always says la is uh is like uh is a place in search of a city totally and and also do i love the subway

i didn't ride it i love was it great well i just love it i mean first off when you take the subway it's like you're solving a puzzle of like how to get somewhere you know you, when you take the subway, it's like you're solving a puzzle of how to get somewhere. You're like, you take the A train, then you get off on 34th, then you walk down to Broadway. And I just love figuring out where to go that way. But on top of that, you're like going through the subway. It's amazing. You're like, this is all under the city. I can't believe they built this shit. We need that.

We do need that. You heard what happened to Rachel on the subway, right? No. need that we do need that you heard what happened to rachel on the subway right no our our wild intrepid awesome uh stand-up agent rachel talked about her on here before most fun person in the world someone air dropped her a cock big big dick nice big but she's so funny she was like it was funny and i'm like rachel you're a wild one yeah but if i would have been on that train and someone would have dropped that to you and the person was very little, I would have put hands on them.

I would have pounded their ass. I promise you. If it turned out it was some tiny Oompa Loompa, I would have kicked the fuck out of that thing. You'd throw them off the train? I would have thrown them right off the fucking train. I would have fucking military pressed him off the ceiling, watched him hit the ground, curl up into a little ball, and then treated him like a ball and booted him

straight through the window. Because that's what happens if you're a little predator and you're in my vicinity. I will take you out. Does she know, was it the guy's cock? She didn't know whose dick it was. There was too many guys on the subway. Oh.

Do you think he did it to a lot of people i i think he was probably aiming for the gals but yeah i think this motherfucker's probably doing that all the time and i gotta tell you not a high success rate with that kind of approach if you're a young man and you're listening to this, it doesn't work. Well, I airdrop photos of me butthole sunning to people. You know, just you getting it in? You getting it in? But you don't. It's motivational.

Yeah, it's motivational. And, you know, to your credit, maybe not to your credit, maybe you're afraid, you don't show your butthole. No, I show my legs. It's sort of like Jocko Willing showing the sweat on his gym floor. We know the butthole. No, I show my legs. It's sort of like Jocko Willing showing the sweat on his gym floor. We know the butthole's there, but you're not... Like, if it was the guy's face in the photo,

and he was like, but my dick's out... That's kind of funny. But still not okay. To him in a mirror, just... Yeah, just thumbs up and you don't see nothing, but he's like, but this is just so you know, my dick was out during this photo. And then he looks over, and you look over at him and he gives you eyebrows i i sent a dick pic to my gal from new york i was really torqued up but i asked her first i haven't sent one to her i was

like babe do you mind if i send you a dick pic yeah and she was like yeah i mean it won't do anything for me but if it makes you happy and i go it does yeah fired that thing off hilarious there was actually just in Houston Texas someone was on a plane and airdropped a picture of their cock I saw this and they got a felony

wow like a solicitate yeah it's pretty fucked up yeah so that's kind of crazy that someone's just willy nilly doing it in a New York subway I feel like it'd be kind of easy

to find that person in that car you know so I should be careful on my flight tomorrow in terms of accepting airdrops or sending airdrops yeah man yeah brother i just wanted to send one to the pilot of like did you butthole sun this morning because you know yeah no that's fine i thought you meant your dick dude i'm i'm this is truth i've never taken a

photo of my dick that's awesome i believe that you good guy. Yeah. And you're not like curious about stupid shit. No, I just want people to get vitamin D. Do you take, you've never taken a photo of your dick? No. Oh, so you're not even curious what it looks like just to you? No. Okay. Me too.

Chad, who's your legend of the week? My legend of the week is Kevinvin far the schmole uh dude when i you know i had like a week of work and then although i had i had a blast with kenny in in new york city so i had like you know a couple days there where we were um uh you know seeing the city and stuff and so it felt but it's just i think i was just getting tired because it's like, you're in New York City. It's, you're still, even if you're there for tourist reasons to visit, it's still making you, it's a city that never sleeps. So I was like, I was like, all right, when I come back to LA, I'm going to have a full Call of Duty sesh. And I'm just going to get some tea bags in and just you know and and I did

I did three hours of Call of Duty had some beautiful beautiful tea bags and there was actually one instance that I'm really fired up on Kevin had a great idea where we were you know in the final circle and he's like well I'll just play it for you yeah I also put it in the edit too. Yeah. Come in this bathroom stall with me. We could just be sucking each other off in the bathroom stall. Oh, oh, oh, oh, oh, oh.

Wait, keep doing that. Oh, oh, oh, oh, oh, oh, oh, oh. Oh, they, oh, oh, oh, oh, oh, oh. Oh, they're here. And in that same game, we got... Oh, he's broken, he's broken. Woo! You got the dub? We got the dub.

So not only did we teabag some noobs, we also virtually sucked each other off. Or actually, technically technically he sucked me up yeah you guys that's like the gordie howe hat trick in hockey you guys checked all the boxes bro you were so hyped i saw the video and chad's like out of his chair like i wasn't expecting it because i'd never win and so and it's just like for like two thirty two guys in their 30s like he has a son who's sleeping next to him he's like well we could suck each other off in the bathroom yeah for him to still be so creative when he has so many responsibilities

it's so fun speaks to his engine and his priorities can you t-bag later he's like stuff he's getting a haircut so i gotta watch the baby maybe after that oh man dude my legend of the week is uh joe pelazon and britney sandler now britney pelazon dude they had a wedding on Saturday I had a hustle butt to it and I got there in time for like the rehearsal dinner I was one I was honored to be one of the groomsmen along with Schreider who was officiating um some other really good buddies of ours my brother first time me and my brother were up there together that's cool it's fucking awesome and uh yeah I think weddings take on the personality of the bride and groom. And they're both just so solid and so peaceful and so fun that the wedding had that vibe throughout.

Like they were so chill about everything. We had like little, like my brother got the wrong shoes from the tux place. My brother was like, fuck, my shoes aren't like y'all's. And Joe was just like, doesn't matter. Just rolled with it, dude. And then, and that was the spirit of the whole thing. And then like Strider went up there and officiated the shit out of it

and was so heartfelt. And then they're so in love, and their families are so beautiful, and they gave such touching speeches. And then, of course, nothing better than a wedding dance floor. It's because of the age spread. They only play the hits, and everyone's just there to get after it. And it was a fucking rock and dance floor We went to late in the night

Me and my bro with that they had like an after-party We sent Casey and Jojo all my life just making hard eye contact I think one of the most underrated things on the dance floor is eye contact It's not even how your body moves It's how you're locking in with other people if you really look into someone's eyes and what your eyes are saying is dance give me all you got anyone can move when you give them that and uh yeah it was just one of the best dance floors i've ever been on and they were so nice we partied in a room afterwards till like four in the morning i'm like wrestling buddies and talking shit and then hugging and saying how much we're giving each other life pep talks it was everything my girlfriend you know she's the coolest everyone

just fucking loves hanging out with her and uh yeah she's just a great companion and and uh i love watching her work the room and it was it was just really really fun so congratulations to joe and britney i know y'all are gonna have a a beautiful beautiful marriage and i was psyched that i got to to be there for it so well done guys hell yeah all right chad what's your quote of the week oh i forgot to do a quote i can hit one real quick yeah dude there's this instagram page i feel like such a cliche because it's this thing called underscore niche and they just post good quotes from like bob dillinger and leonard cohen and you know uh popular thinkers like that and uh but dude the quotes just rip so i'm just gonna pick one that i liked and if you guys are into quotes it's a good one to follow this is from murakami well what we see before us is just one tiny part of the world we get in the

habit of thinking this is the world but that's not true at all the real world is a much darker and deeper place than this and much of it is occupied by jellyfish and things whoa what a killer line at the end there right wow that came out that was a huge curveball that's what he does dude but jellyfish are crazy i think buster keaton said i let the audience get two steps ahead of me so I can double cross them. Nice. And that's Murakami in a nutshell right there. I did not see the jellyfish coming, but a well-picked animal. Dude, huge question too. Are they aliens? They might be.

Aren't they immortal? I think they are. Are we aliens? Probably. We might be. What's your quote of the week, Doug? My quote of the week, because you went with more intellectual, I'm going to go with Will Ferrell quote from old school.

Hit it, baby. Hey, honey, do you think KFC is still open? Great one. That's a genuine question to the Stokers. Is KFC still open? Let us know in the comments. Chad, what's your phrase of the week for getting after it? Let's stick it to the Chodes.

My phrase of the week for getting after it is a Chodey, Chodey, Bodey, Bodey, Codey, Codey, Chodey, Chodey, Lodey, Bodey, Dodey, Dodey, Chodey, Chodey, Chodey, Chodey. Is that French? It's alien. Oh. French are aliens. Do you know what it translates to? Is KFC still open?

Whoa. Dude, you speak alien? I don't think I did, but I guess I just did. I think you are alien. I'd be happy if I was. It would explain a lot. Yeah. What if we are aliens but then we're still we got still be from somewhere one what's more human than an alien that aches to be human yeah I mean that yearning to me that's the that's peak human I got a phrase of

the week it's from JT telling Chigas eat your greens i was all over him on it it was all over him on it dude we were at dicks the restaurant which is the one where the waiters are purposely rude to you and she was kind of roasting chigas a little bit and she gave him they give you like a hat like a dunce cap that says like you know mine says mine says, uh, when he opened his pants, his crotch spreads apart like grilled cheese. And I asked her, I'm like, is that my pubes? Like what's going on here? And she was like, she's like, if you have to ask, then you don't even know dumb ass. And I was like, but I think I, this is kind of my forte. I don't know. Are you saying I have a vagina? I don't know. It was, I think she expected you to just be thrown by her aggression.

Yeah. But you stood strong and were like, hey, it's a valid question. Yeah. But she gets pretty good. Someone could toss this one at me and I'd be like, that's a good insult for me. But there you go. His hat said, I masturbate to Disney movies. Whoa.

It's pretty funny. Hopefully it's the animal-based ones. Oh, yeah. Oh, fuck, yeah. I was thinking Little Mermaid. Dude, I got one more. I've been playing pool now in the cities we go to. I went to a cool pool hall in San Antonio.

I walk in there. It's a girls' tournament going on. The ladies were ripping. There was one pretty gal in there. And you could just tell by looking at her that she was like, I've been burned by a lot of douchebag men who let me down. So I'm just focusing myself on things that are you know, about me and about that I can get better at I'm done with the fellers. That's what that's the story I projected on her, but I felt it from her. But dude, there was a guy in there and you know, I don't hit on people anymore. So I just I've been trying to make

more friends and treating that like hitting on. So I went up to a dude. I was like, hey man, you want to play me in some pool? He was like, yeah, let's do it. Dude, he was whooping my ass. He might've been the best pool player I've ever played. We were playing nine ball. There was a couple of racks. I didn't get a shot.

Like he was placing the ball and, and he kept playing me cause I just kept asking. And then I think he finally let me win the last game just so I'd let him go. But dude, the best part about the whole thing, we played for an hour. I think we said five words to each other just playing i was like this isn't a guy who wants to talk this guy just wants to kick my fucking ass he gave me a couple pointers that was the only thing we talked about nice it was nice dude good dude hell yeah well that was a fun pod that was really fun mr capital came in hot. What are we clocking at?

An hour and a half? Yeah, hour 30. Hour 33. Dude, shout out to Mr. Capital. That guy's a beast. He's a killer. Stokers. Thank you for joining us.

Keep giving us reviews. Those help us out so much. If you're on YouTube, dude, watch the YouTube. Like, subscribe. Do all that shit. Yeah, get more people to watch yeah comment get get get everyone to watch we're trying to boost our YouTube want to know what to do where to go when you need someone to guide you

just to have the throne beside you go and see go and see let's go deep go and see'm going deep I'm going deep