The Ben and Emil Show - BAES 35: Everyone's getting rich except you ft. Atrioc

Episode Date: February 15, 2024

First off, sorry for the microphones! This was our first (and only) time in this rental space and the owner had his settings all stupid because he's a moron. Anyway, we're thrilled to welcome Atrioc to the show! We had a great conversation all about FOMO, Nvidia, AI, all that stuff. Also, if you're new here, welcome!! Check out our other shit. Atrioc sticks around for the bonus episode available at http://www.benandemilshow.com first month is free and all our previous bonus episodes are up there. HUGE shout out to Atrioc go follow him if you don't already. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Hey, everybody. Welcome to the latest episode of The Ben and Emile show. I'm Ben. That's Emile. We're formerly known as the Pay Pig's Pod, but then we decided that that wasn't going to work. We explained it all in our last episode. It's, you'll get it. But also, quick note to our Patreon subscribers. Go over to the Ben and Emile show. We're switching our platform. Or if you want to be a new member on that, everyone's getting a month free. Yeah. And if you're confused about it, read a book, man. If you're confused about everything else is staying the same We're still posting to YouTube

We're still posting in Spotify And we have our Wonderful guest here too Yeah we've got Brandon, aka Atrioc With us and we originally recorded the bonus We originally recorded the episode But then decided that the bonus episode was better So we went off on the bonus episode

We switched it around So let's kick this thing off man Hit the intro That we don't have Did you see John Stewart His thing? I haven't I heard he's back

I got a million views It was hour or whatever I do love that John Stewart is now too radical For Democrats They're all pissed at him Because Oh because how dare you

Dares to say that Joe Biden is old as shit Yeah Even though he does go on To be like Trump is awful But Which I think

Man it's just like It's not radical at all I feel like Everybody in their heart of hearts knows. The people running cover for this are insane. The ones who are like, you know, I mean, John Stewart made a very funny point. He plays a, he plays a clip of, it's a bunch of people from the Biden administration going, you know, I'm with him every day. He's, there are all these moments where he's very sharp.

He's very smart. He's very with it. He's focused. Blah, blah. And John Stewart goes. They all say the same thing. He's sharp. He's sharp.

John Stewart goes, oh, you should film those moments and show us. Because all we see is him referencing fucking dead French presidents, fucking fucking chocolate chip cookies. Truly just going like just being like, I'm just going to mumble now because I've lost the word. And so everyone telling you this, you're like, but I see it. It's the fucking China thing where you're like, I'm seeing it. You're telling me it's not happening. It's the fucking.

I think you're dead on, man. I took it recently. I was, because I, sometimes I feel like I can get swayed by what I see on Twitter and narratives. I'm like, I'm going to sit down and I'm going to watch the full, I watch the full Vary of Forge Biden speech, and I watched the beginning and the end. I was like, I finally watch, because I always watched clips. I never watched the whole thing. My number one takeaway is just how old he is.

Like, you just feel it on his face and his eyes and his, he is incredibly old. And so, you know, I'm, I'm, I'm, I voted for him. I'm probably going to vote for him. I'm not going to vote for Trump. So in, you know, in my mind, it's like I have no reason not to give the benefit of the doubt. And the guy is just clearly beyond where I think. fucking elder it's elder abuse man

like the so yeah family should step in and be like we're gonna take him to the home love if he didn't run I would love he you know like said times are running out too I know like they gotta be such a heroic move a noble move

to say that you're down hell hard in the polls versus a guy you know was a bad president well that's the other thing too it's like just look at the facts and and he's got like a 38% approval rating so many people are pissed at him so many people have a problem with the age

And instead of just being like, no, he's, I was with him behind closed doors. You guys just see him. He was tap dancing. He was solving Sudoku puzzles like this, dude. But so it's like, well, then just fucking have him step down. No one wants this. Stop trying to convince us that. I think it would be a heroic thing.

People would respect. It would help his legacy. That's actually. Yeah, I was just going to say. Nobody stepped down. It's like, hey, you know, I feel like this person, name somebody else. This person would be a great person to run president. I'm going to spend time with family.

I'm getting near the end of my life. I hope he, I hope he wins. and we get Kamala when he dies because I'm obsessed with her now she's did you see the coconut I'm like the memes are crazy

the amount of I couldn't stop watching it yeah it's he fell out of a coconut just like truly like wine and Xanax mom as president I think that's

it's like a veep style yeah it's what we deserve and it's she's incredible dang I was just gonna say something about and just fucking we should have someone

that everyone dislikes even more. I mean, she ran for president in 2020 and she had to drop out before even the first primary. She couldn't people were like, no, we're actually all set on your insane vibe. The thing that gets me about Joe Biden's age

but more so just the act of being president is how much travel is involved. Oh my God. Think about how exhausting it is. Global international travel. All the time. Where you have to do serious discussions all the time. It would wreck his old little it is wrecking his old

it would I travel love for Twitch at 24 and I wanted to kill myself like you know it's exhausting I can't imagine you know so yeah

I just don't and by the way Trump's old too Trump is as older than Biden was when he went last time so they're both so fucking old it's sorry I'm like can I curse on here

you guys yeah I don't remember you guys fucking curse is much you want get demonetized fucking goddamn time we speak French on this I just you know it's actually

not depressing me, but it just makes me a little angry lately. I feel like every day I see a new clip from either one of them that is just gibberish. I mean, you know, it's like we have 300 million people in this country. These are our two, these are our options. Yeah, I definitely find it depressing. I mean, it's, it's, I think in 2020, people, people had this understanding of like, I'm very unhappy with these two candidates, but we don't want Trump in office.

So like, right. We'll make it happen. And I think people are. Now they're over. I mean, to just run it again. We've got four more years to come up with I'm very curious I think there's going to be like an extremely low

turnout I think it's hard to That is the vibe I feel Even like my most liberal friends Like it just they don't There's no enthusiasm It's completely Yeah because what are you enthusiastic for And so it worries me man

These are just such bad candidate Everyone's in a bad mood No one can no one You know our age or younger I guess can really afford a house Like I these are like real problems And these are not the candidates for the solution So I don't know, it's, it's, and they're trying to make them seem fun with TikToks.

I don't know if you saw the Super Bowl one where they're like, who you got in the big game? Chiefs, sir, or Niners? And he's like, Eagles. And you're like, holy shit, dude. My wife likes. He's just an eagle's household. And then we ask him if he's like for like Travis Kelsey or Jason Kelsey or whatever. And he's like, for mom.

I urge him makes a killer cookie. And you're like, holy shit, this guy is. He would be fun to hang out with Sure I could knock back some bruise I can smoke a bowl with Joe That would be amazing I just don't smoke weed dude

Yeah I'm a chiller Do you ever smoke weed on stream or is that illegal No but I get the opposite I get every single person thinking I'm high Almost every stream Really? Hand of God I'm not But if I'm a little tired my eyes get red or whatever Yeah

And I'll get comments Bro is so zonked in this one And bro, listen, I know weed, this guy is on, I'm never high. I'm fucking tired of the bro is blank. Yeah. In the fake, the fake, uh, uh, oh, a captured moment where what is bro doing or bro is, bro is, bro is cooking or let bro cook or fucking, let bro cook. What are you talking about?

We kind of did it to ourselves a little bit. We do we get the comments of, uh, how many tabs of acid did they take, which is, uh, which is fair considering we. Right. Because you're on acid right now. We did acid in Japan when we did it. for that video and yeah. We like to take acid.

And I famously have microdosed. I did acid when we interviewed Vlad from Robin Hood. Oh, really? Yeah. And he didn't know. Yeah. Which I don't know if it was the best decision. You got to throw him under the bus.

Well, what we realized when we took the acid at the mall to go shopping, we were like, oh, we'll take acid and we'll have these funny conversations. But when you're on acid, all you want to do is like experience things. Yeah. And so, like, poor Dylan's like, talk. Say something. Yeah, because we're just like, oh, look at this thing.

That was fun. For me as a viewer, that was, the other guys were just like childlike wonder. And I had just been there. That's why it was so funny to me. We're like walking around that Barnes & Noble. It's like, this is great. It was not nightmare as either.

No, it was. I've never done acid. I have no, I can't, I don't know what your experience is like. It was just fun to why. I've never done it. It's a very fun thing. It's like, you know, how coffee makes you all jittery and

like anxious? Sure. It's kind of like that. Okay. You're just a little jittery and anxious. No, I don't feel anxious on it though. I feel like it's really really good coffee. I didn't seem anxious. No. It can. You can have waves of anxiety. Yeah, for sure. Having the sunglasses on truly helped. Like, if I was walking around.

To your shields of the world? Yes. If I didn't have them on, I'd be a little Everyone knows. We took, you know, we took it at and that was, I was very scared because I do take asked like from time of time but it's usually always in like the most beautiful i did it in like yosemite we did it at this island in japan that's it's called nashima island and it's a it's this like it's this beautiful island with all these incredible art museums like so you're just yeah it's but like i don't i didn't feel an ounce of anxiety i was just like walker yeah but so i was like

when you go to the mall i was like i'm gonna have a fucking mouth down the three most beautiful ways on there's Yosemite, Nishino Island, and the grove. It is quite nice. It feels like downtown, isn't it? It's a temple of capitalism. Yeah. Rick Caruso, we see a bit of what

L.A. could have been. And that rooftop on the, the parking structure rooftop really is one of the best views in all of Los Angeles. Oh, yeah, you get to see the hills. You really can't be it. It really is. You might be right, but that is a funny sentence.

That view from the parking structure, Rousse off the grove is just... It takes your breath away. It really is. You look out on the floor. 405, you see that smog. Oh, yeah, the fart club of smog. I mean, LA is an ugly city.

It's not a... Yes, it's not a beautiful city. I like LA. I'm a resident. I'm staying here. Where are you from? I love this question. I get to do my whole speech.

A military family. So I lived in 13 states. I lived in Germany and Japan. I was born in Germany. Oh, yeah? Ramstein? No, in the south. Okay.

I don't want to say the name of that. Don't find your birthday. Oh, that's one of your secret. questions on your bank account. I do use it for a lot of things because I'm like... No, don't say. Yeah.

Yeah, so that's why I grew up, and we moved every year or two. Wait, so where were you born? I was born in Luke Air Force Base, Arizona. But we moved within one year. So it was all over. So I don't have a place I call home, really. Interesting.

Yeah. Pretty same. You claim Jersey, though. But like no one... I live in Jersey. You live in Jersey? You live in Jersey? As a Fort Mammoth? Or Fort Dix? Possibly.

I was like 2 to 5 Yeah, yeah Yeah, I was like pretty young But like none of my family lives there anymore It's like it's hard for me to But yeah, I spent the majority of my childhood there So it definitely feels like What branch to the military?

Air Force Cool, is your dad a pilot? He or mom has no Yeah, he's sexist The doctor was the mom Yeah, he was a pilot briefly Then he became a commander So what did he pilot?

Big radar planes A-Wax, the ones that refuel you, or like, radar, sorry, in Germany. Yeah, the recon stuff. Yeah, the recon stuff. That's pretty cool. A-Wag, what does that stand for? Airborne? Dude, I, so, you know, when your dad's into it, you're not into it, right? Yeah, sure.

I remember my dad would drag me to hundreds of air shows. I fucking hated planes. You're talking to the wrong guy. This guy's obsessed. You guys, do you think it's cool? Yeah, I'm so opposite. I love airplanes, man. I've seen the Blue Angels 40 times, and I just, I want to, I want to hang myself, dude.

See, I'm not impressed by a blue angel. I see that. I'm like, oh, here are they come, and there they go. Oh, they were flying pretty close together, I guess. I'm more just like, I like seeing. He likes the commercial airplanes. Really? I like them all.

You like a, big, small. Tall short. I like them all. They're all beautiful with me. They are. I like watching my newest thing. There's this guy on TikTok who puts in like the most insane weather parameters on Microsoft lights him.

Okay. Like super high wind. Torado storm. And like he's landing a triple seven on the world's shortest, uh, uh, runway. But he's, he's somehow rigged it. So he's controlling it with a PlayStation controller. And it's just, it's fun because you see the plane coming in at like a steep angle and the wind's howling.

And he, he landed one, he landed like a 737 on a helicopter pad in Dubai because the wind was so. I love when he stims out on, on trains. Did you see the guy who built a, So he built like a, it was like an arc, an RC plane, but it was fucking big. Yeah, it's like one 16th size. But he crashed it. Yeah.

And it was like, $25,000. Yeah. Just like that. Because I remember I was like, damn, I should, I thought it was, I was like, it was probably a toy or whatever. So I was like, I should get Ben one of these. And then I saw him. I was like, yeah. Price tag.

Yeah, maybe if you were Justin Bieber. I don't know why he's my reference. That's your rich man. he's yeah Justin Bieber he's doing well for himself he's doing all right for him he could afford RC I went on Zillow a moment ago

just to look at apartments before before we started and for some reason on the home page of Zillow it shows the like most expensive house in L.A is available on Zillow wait did you see the $100 something million dollars

or more than that $200 million dollar house in like Bel Air or some shit is it this one America's most expensive oh no because I think this one's in Florida It wasn't that one in Florida for $295 million. Some Chinese guys are going to buy that, dude.

I know Jeff Bezos bought the last most expensive house in L.A. He did. He wanted to be near the studios. He wanted to have like a, because they bought MGM. Amazon bought MGM. And then he just, he bought the house. It was like $100 million. It was like the old Warner Brothers estate or something he said you bought.

And so it was like a message. Naples, Florida. Fucking Donald Trump. I don't know. Financier John Donahue. There you go, man. That's who I want to be. You want to be Donahue.

I want to be like a no-name. I'm a financier. That is the rich and anonymous, those guys. Oh, I mean, that's the. That's what, dude, I always say this. Like, it's a sickness. If you, if you have all this money and you're like, I still need to be the center of attention. Like, watching Bill Ackman.

I'm like, you are fucking. He's a psycho. You're so unwell. Yeah. Like, you have enough money to be left alone forever. But instead, you're like, no, I am going to be involved. to be involved. I'm going to write essays every day to my father.

On Twitter, of all places. He's got wisdom. And I mean, did you see the, did you see the New Yorker or whatever it was, the article that just came out? The hamburger?

The one where he's talking about how like, hamburger name. Yes, exactly. Yeah, I met Connoisse's last name is hamburger and they end up working with burgers. I mean, I'm just obsessed with this guy.

If you guys are Bill Ackman, hedge fund manager, I think so they know, we call him Crybaby Ackman. Okay. Super duper rich. and got involved because his wife there was a plagiarism scandal or something

and then just wouldn't shut up about it and then the article reveals that she wanted him to stop like she was asking him and and he's so fucking dimwitted like he's going well babe there's a lot of women on Twitter going I wish my husband was like bail accident it's like dude your wife is begging you to leave it alone I mean that's truly psychotic behavior

because she's getting so much heat yeah she's like can't we just not and he's like no I've got to write my essays babe yeah I've I want to just a fucking guy who got kicked in the head by a horse. That's the saddest thing in the world to me and makes me cringe the most is a wife asking her husband

to stop tweeting. It just makes me go, oh, that's worse than like getting spanked to tariff. A guy, a billionaire family could go to Barbados and just do anything they want. And he's spending his time against his wife, which he's tweeting about. It's winter, he could be skiing in Switzerland.

He could be eating so much horse. Yeah, it's just crazy. And the finest stallions, dude. You can raise them. You see. Zuckerberg. He made his own ranch. He's raising him on private

like macadamia nuts. He's doing it right, man. Exactly. Go to say weird like that. He's not tweeting. He owned social media. He's not even tweeting. Also, I think so.

Yeah, Priscilla Chan or something. I do want to, because we reference the hamburger thing. I want our audience to know what we're talking about. It really is wild. Fucking incredible. This is a billionaire. This is people who are like, he's a smart guy.

We respect this guy. There's people on fucking Twitter being like, this is the daddy acman. We got to listen to him. Sure. Ackman believes that our lives are often faded from birth. And this is a quote, I have a view that people become their names.

Like I've met people named Hamburger that own McDonald's franchises. Quotes over. We'd been talking for nearly an hour and a half when Ackman asked me what my name was, hoping to offer a diagnosis. After he seemed momentarily stumped by my surname, I offered him my first name, which he misheard as read. And he goes, read, right, before turning back to himself. So, my name is Ackman.

It's like activist man. Well, it's got, I got a note that we said read, dot, dot, dot, right. He meant like W.R. Right, right, right, exactly. He's like, you're a writer. Right. Yeah, yeah. But you misheard the name.

Yeah, so my name is Ackman. Yeah. Just a fucking. Like, like trying to force that, by the way, into the conversation. I'm an activist man. Also, I like how after an hour and a half he asked the person's name. Yeah. Just, I don't know, brain rot.

Bligh it, billion our brain rot. I got to find the fucking stuff about his wife. While you're looking that up, I think of the, um, the Cisco guy. Ah, what's his name? Fuck. The CEO, the founder of his name was. Tom Cisco. Tom computer system.

His, uh, it makes sense. Oh yeah, my name is Tom computer. That's why I got into this business. It's like dumbest fucking theory. It's really stupid. It's actually one of the dumbest fucking stupid. The only fucking things a billionaire has ever said. Well, that's the guy.

It actually makes Elon seem smartest. Like, that's really stupid. It's really just a coincidence. All it is is a coincidence. Although my name is Brandon. And I work in marketing. Brand on. There's actually a lot.

Actually, I was going to disprove it. Oh, like my buddy who started Xerox, Phil photocopy. I like it. Right. So they have, so Neri Oxman is as well. We did an episode talking about this, but this came out way after obviously but uh so oxman for her part his wife wasn't sure what to make of her husband's chivalrous tweeting which had drawn even more attention to the allegations through acman spoke person she declined

to comment for the story acman wrote on x that the pressure from the business insider stories could have literally killed her and that he had seen others commit suicide in similar circumstances she was in a pretty dark place actman told me adding that he tried to nudge her toward finding a silver lining i'm like look you didn't do anything wrong we will get this fixed and actually the more negative press, the better. Once we turn this around, it'll be good for your company. He wasn't sure the pitch had landed. There were times when she said, please don't tweet anymore.

But he defended himself by pointing to memes online, suggesting he had become a hero to wives everywhere. There's a meme going around that apparently I'm causing a lot of marriages to have trouble. Like this one where a husband emails his wife, honey, I did the dishes. And she's like, big fucking deal. Did you see what Ackman's doing for his wife? Fucking psychotic. Psychotic.

Nobody's doing that. No one. They're probably like fanboys going, you're making shit. up. No wife is like Oh yeah. All I'm saying is his fans tweeting him like, my wife wishes she was fucking you instead of me. You see the classic Elon fanboy where

Elon tweets, I haven't had sex in a while and the guy's like, I love my wife, but it'd be an honor. I wouldn't enjoy it, but like if my man needs it, that's crazy. Yeah. No, did he say I blow him or use his asshole? Yeah, I think he was like, I'll suck you off right now. I think he was that specific. You guys have imagined two different sex scenarios that he didn't.

No, he said, he said, I think I would blow you. I swear to you, he didn't mention blowing ore ass. You guys have had in both of those. That's just how we do it at the end of the meal show. When someone says they'll fuck Elon, we like to imagine how. I don't think he's a tender lover, by the way. Elon? No, no, he's gay.

I bet he's a jack rabbit. He's, he's getting. I bet his. I bet everything is fully shaved and I bet his dick is pierced and he uses like Cochranes. So you're really? Yeah. It's so vivid.

Come on. You think his dick is pierced? Yes. He doesn't seem that. I bet he's got that kind of, I bet he's got that kind of weird shit going on. He's into like, you know, he's into, he's into grimes.

Yeah, he's like the older kind of steampunk guy. He's the 90s burning man. You should do one of those gray scale. You want photos and write a fan fiction. I bet he would, God. was fucking the Tesla

Owners Society and stuff that I just I can't I can't get in some of them are Turn on look we talk about you know into a little econ topic For the longest time Year ago it's been the mag seven It's been these seven companies holding up the whole stock market They're all growing Kind of the mag six now Tesla's the only one

Everyone else is pumping They're Tesla Tesla's down and you see all the Tesla believers I forget like Ross Gerber All these like diehards on Twitter I forgot about it And they're, like, they're pissed. They're, like, you know, it feels different this time.

Like, Tesla's not making money. They're like, they're making some money, but it's, it's earnings was bad, last one. I met Ross Gerber. You have? In person, yeah. That's crazy. In like 2018, I had made a good amount of money in the stock market. And I was talking, I was interacting with him back and forth on Twitter for some reason.

I don't remember. And I was moving in the process of moving back to L.A. from New York. and we were DMing, and I thought that he was maybe going to offer me a job trading for his, like, fund, his hedge fund, whatever, which is totally stupid and completely impossible now that I realize it, but he invited me to his office in Santa Monica, I went, and he, yeah, he just- Just because of Twitter, like you interact with, it's like, yeah, come by. It'd be nice to meet you and talk, and when I got there, he almost, almost seemed like, wait, who are you? So who are you? And I'm like, yeah, well, I'm the guy, I'm from Twitter. Remember, we planned this? And he was like, oh, yeah, sure. So

tell me, like, what are your, he was pitching me on giving him my money to manage for him. Really? Which is like, fine and normal. Is it? Yeah, oh yeah. To be constantly pushing. I, but I got the impression that he was not

he like bragged a few times about so what did you you know and I said oh yeah I made a lot of money on weed stocks he goes oh yeah me too I made a few million on fucking blah blah blah blah blah made a few million on da la la and uh you know if you had had your money with us at this point you could probably already five extra

blah blah blah and I just thought okay man and then he said yeah my wife's got this startup that she's in my my wife's real smart too and my wife's just blah he's just And I just thought Alright get me the fuck out here I gotta put a face to this guy

Ross Gerber And he made a ton of money on Tesla Massive he's one of the most diehard Tesla Twitter fans Like a fucking bad guy in a movie Yeah he's like a villain No he's just stupid looking to be a bad guy He literally looks like Rob Lowe and fucking Tommy boy

He doesn't have psycho eyes though He doesn't have psycho eyes though He's got He doesn't have psycho but he's just How would I describe him? He's too confident his confidence does not at all

reflect his actual skill set or intelligence. I think he scored it big because he got into Tesla before it like 20X. Super early. So he really... And was die hard and has been

Elon count the table. I always had him, those guys I fucking understand. If you like made a bunch of money on Tesla you made life changing money then you... Whoever... But it's the guys who are like

fucking broke and just like Twitter. share and a half. He was my dad. Yeah, 100%. He attracts a weird type of person, I think. Wait, do you know Meet Kevin? No, it's Meet Kevin.

You haven't seen Meet Kevin? He used to be part of the iced coffee, that guy, Graham Steffin. He used to be? Yeah, he and Graham Steffin used to be buddies. Okay. Are they not anymore? I thought, you know Graham Steffin. I thought ice coffee was just two people.

It is. It used to be three? Before it was the iced coffee. I think it was always called. the ice coffee hour it might have been three it was uh kevin what's his last name i don't know i just know meet kevin i know i know graham step in but i don't know yeah they used to be part of the same real they would only talk about real estate and stock market stuff and like how to do it was all you remember it was all educational and sure and um yeah he branched off

and did his own thing and called calls his show meet kevin and it is the most uh impotent would be the wrong word because you open with it because impotent impotent implies that it's I mean it

in a in a sexual way right you think he has a small penis I see him he thinks he can't get hard I see I see him

it's just sexless right I see him as like as just oh this guy doesn't ever get horny or have sex

sure what a love no charisma I guess he's just a fucking yeah I'm gonna turn my he's

I don't know this guy is I'm not no you're endorsing this okay I'm always Just being careful. I don't like start and beep with

Contagrators. He is I don't know. He's a CNBC they regularly cut away to him to have him give his opinion

on stuff. He's like a cringy. That's a funny picture after hearing that he's like a sexless and petite. It doesn't look

in Ken doll a little bit like there's no dick down there but I again I don't know anything about him. He talks

he talks really Pathraph yeah that's right. He talks really his lips always look really dry. Okay. You're making me feel bad for him

His lips are dry I'm not making, I'm not like saying he's a bad person But his lips are dry So I think you throw me the gulag Because he's one of the guys who made All fucking dry lips, dude, he can't trust him If you don't have the cognizance to lick your lips Or put on, I don't fucking trust you

What do you mean my mouth is dry? Yeah, he kind of, he puts, he puts on an affect, and he's, he's very like, well, Tesla, blah, la, la, la, he's just, I, he also, yeah, he probably made $20 to $30 million dollars. Jesus. Yeah, he went all in. See, again, I would dick ride so hard. Yeah, I feel like there's no problem with that. I would too. $20 to $30 million is such an amount of money, but he's also one of the people when it was, when it pulled back like 10% from all time.

him highs he was guiding his he actually kind of does give investment advice he's like I'm buying more I'm buying more Tesla and you should too here's why you could still it could still be a $10 trillion dollar it's just fucking and like Kathy Wood

Woods is it Woods or Woody she it's really incredible because her whole thing is all about innovation and seeing the future and all the shit she totally missed she missed Nvidia she I mean her micro she's in such a small pool of stocks that she can pick and she picked all of the wrong ones at the wrong

times and then so it's it's like monkey at a dartboard level bad if you look at her do you get her the arc daily the newsletter no no they so they said by the way Kathy Woods we should do a thing on it because they just sent out their big ideas 20 24 thing yeah we've done it before

which I mean she just misses she's very forward thinkers like I think she just misses like she again it's like in a field where it's hard to miss everything's been pumping yeah But she scored majorly on Tesla, and she personally made like $200 million on call options when Tesla really squeezed in 2020 or 2021. Right. And from there, finance media has treated her as like, oh, well, she fucking, not only did she nail her Tesla call, but she's into all these other things.

So they still, it's just, but if you look at a return since 20, like 2021 at the peak of the. absolute, you know, NFT level mania. It's been awful. Like she's, she's missed the boat on everything else. I mean, she got it,

she got everything was up the first time. One thing I do appreciate about her and, in their strategy is they are very transparent. Sorry, that was a lot of spit. I just said so much. You're transparent? They're very transparent.

And they, they, they send out a daily email. Oh, with all of their fund activity. They sold this. They bought this. They sold this.

And it just makes my stomach drop whenever I see them buying something that I've recently bought. Because it just feels like, oh, great. It's like when Jim Kramer endorses whatever you're... Dude, oh, yeah, when he, like, cried about Facebook. And then it quintuant quadricled. That was the bottom tick for the... It's wild that they never acknowledge that on CNBC.

If I were any one of those anchors, you got to ask him. Yeah, like, why... Hey, man, how do you feel about everybody looking at you as their contraindicated? Constantly wrong. You got to be... I mean, I'm sure he's right. He's got to have... Some right calls, right?

If he was actually constantly wrong, it would be impressive. I assume he's just, I think he's random. I assume there's just no. Well, do like an inverse Kramer fund? ETF. And it didn't. It didn't do that well. Yeah.

ETS are hard, I would assume. Well, also, I mean, he's been pretty pro-NVIDIA. And so I would assume no matter what everything. That's probably skewed everything. It's probably the way it's probably the whole market. Have you seen how many Nvidia derivative ETFs there are? There's like seven. I haven't.

There's like an, it's like NVDS, NVDL, NVDX, NVD. What is it like 4X leveraged? Invidia calls are long, some are, it's a one and a half long leverage, triple leverage, then one and a half short, triple short. And then there's like an options selling income fund where they're just selling options on NVIDIA. And to me, that's like, that's, that has echoes of the degeneracy is getting, I mean, it's fucking insane.

If you look at the breadth of the market, it's like all of the movement, and we're hitting all time highs, is all of the movement is from Nvidia. 36% or something is from Nvidia. The rest is like Amazon, Google, Facebook. And like, it don't forget the zero day option world. It's all, it's all pumping into these four, you know, mag six, maybe stocks. They're carrying all the movement. If you took them out, the S&Ps flat to down over the past year, the Russell 2000. like openly down like every company is doing kind of shitty and these companies everyone

is relying on if they don't if they crack it's like yeah because that's not the story you hear it's like that's not the story here it's like the story's all time high everything's great there's no problem to me i i i get worried man i i the the breadth has not been this concentrated since uh since oh one since this dot com so it's like we are all in on the if these stocks don't if a i doesn't pan out these don't keep making money and printing earnings like right I feel like people are in trouble. The permables on FinTwit would say, well, that just means that the breadth has room to improve.

Sure. And that'll just be the dispersion. The rotation will take care of it and will be the afterburners to send the market. You know, Tom Lee? Yeah. Oh, man. Tom Lee, Permapurmo Bowl.

But he's been right. I mean, he's been semi right. He fucking bids me off. He blocked me on Twitter. Yeah. Because I made fun of him because all you ever see is just like, Fun Stratt's Tom Lee says that the S&P will doda-da-da-da-da-da-blah this episode. That's all right.

That's fine. Don't beat up on yourself. At least you don't have dry lips. That would be a fucking crime. I do be on LL-Cute mode with the way I'm looking my lips. But I tweeted him and I said, wow, according to Funstrat's Tom Lee, Tom Lee says that the S&P could reach 5,000 by the end of the year,

according to Tom Lee. And he just fucking blocked me That's good Yeah And I'm a baby That's a funny little jab I just well because I was sick of I was sick of every time there was like

He's made his whole brand Tom Lee and then as would be higher That's what he just says And because it's so easy It doesn't require There's no strategy to it And everyone wants to hear it Actually yeah actually I think that the market could go

And he just make it's like when Kathy Wood was doing the same thing with Tesla Where I could be a tenter $40 stock. Yeah, actually, wow, it could be worth $5,000 to share. And it's like, shut the fuck up. Everybody, you know, they don't research and they just want to hear that.

And so they get, they get these news gigs and they get on there. But I don't think there's any math to it. There's any truth to it. And, yeah, I'm not a bear by any means. I just, I feel like nobody talks about, you know, it's a bit of shaking it. Like, the market is not as rosy as everyone's saying. Can I tell you what I'm pissed about? Yeah, please.

I'm pissed. that I've been doing this for over 15 years, trading, and I, by all accounts, should have millions of dollars and could be very much fucked off and just not working. I would still do something like this. You could still be tweeting and keep in it. I could still be tweeting for my beautiful wife. But I feel like now more than ever,

the chance to have made life-changing money is all but gone. I think everyone, I think people feel that. And it's just like the, The lines have been drawn, and it's now to the point where the wealthy will just, they've truly cracked the code in terms of the market structure to preserve, not only preserve their existing wealth, but continually just jack it higher because of the power of derivatives, because of the power of options, they can now, the tail truly wags the dog. And with only a few million dollars in options, particularly same-day expiration options,

which they only started introducing a few years ago, as you know, it is now possible to just buoy the market indefinitely. You see who's the Japanese billionaire tech guy? Masayoshi-san. Yeah. That guy has been pumping. I mean, what they did with Arm, I feel like it should be criminal. They have only let 10% of the stock actually be sold.

So, you know, the flow is only 10%, 90% they keep behind. And he's buying zero DTEs all the time. and it's just, you know, there's only a little bit of movement and that makes the value of everything go way up. And they are just pumping that thing and everyone who just looks at price action

which everyone does now. No one looks at fundamentals. They're like, this stock is amazing. It's flawless. But it is a very shaky, it is on very shaky ground. What do they do again? They just license?

They design CPU chips and then license them to people to create them. So, right. I mean, they have value. And maybe you tried to buy them when I was there, got blocked by air. antitrust, which probably makes sense because it would have been really good for

invidia. It would have been nice for my stock options, which are fine, I guess. Do you still have your stock options? I have, not all of them, not all of them. Still, good for you. But yes, that is, uh, that I'm happy about that. Obviously, obviously, obviously, that's luck. I mean, that's lottery.

Yeah. Yeah. Because when I started to work at Nvidia, I did, I was not, this is a future making company. I was like, I like video games. Invidia is the video gaming company. I make my own PC. And then over the,

Five years I was there, it switched from gaming company to like, we are the AI company. You start to see robots going around the office. They built this big spaceship office, yeah. And I felt like I just hit a lottery. For me, the stock just started to go up and up and up. And then Jensen would talk about, we're doing data centers for everybody. And like, that's not what I knew.

And all I did was sell graphics card to gamers to people who wanted to play wow with higher graphics settings. That's what I worked on. But, yeah, so that was lucky. That was cool. Damn. But weird. You know, and I still, I'm, I'm not sure that it's worth, you know, that much.

Almost $3 trillion. Yeah, yeah, it's, it's just past Amazon and Google, which again have revenues that are so far beyond. Well, but if you believe, like, did you, did you see the interview? He was, Jensen Wong was talking about, excuse me, in a recent interview that he was saying that the next thing is sovereign nations are going to need their own. Yeah. Their own dedicated artificial intelligence models and stuff, which is going to, again, require building out infrastructure that's going to benefit them. You know what I'm saying?

That's the world's biggest hammer salesman saying everyone needs to get into nails. Like, it, I see what he's saying. I think he's brilliant. I mean, I think he's, I mean, I think Jones is fucking smart, straight up. And I've been in a couple meetings with him, and I just get the idea that he's an incredibly driven focus guy. But when he says that, that is. the most talking your own book like everyone needs to use us to buy

a million more H100 GPUs for $50,000 that we made for 700 bucks and Is that how much the fucking cost? Yeah. The profit margin on this stuff is absurd. Jesus Christ. I mean, it's at levels that like,

and it's because no one else can do it right now and that's why. And you skipped over the part where they went from games to blockchain, right? There was a crypto crash too. Yeah, for a while everyone was buying all these gaming GPUs. They were sold

out because using the mine crypto and the stock pumped and I was there, everyone was happy and then there was a bit of a crypto crash and all this stuff started getting returned and there was a flooded market with GPUs and everyone was buying it for cheap. Stock went out and everyone was like, oh shit, we should have sold. Thank you God we didn't. Was there like just

I imagine that at the offices now it's just everybody's showing up to work and just so happy, everybody's happy. everyone's happy with the new employees who there's a real sense there's an article about this but I've also heard from my friends that still work there

there's a sense of like really deep rest and vest complacency because a lot of even middle managers are now millionaires like there's a lot of people that made life changing money and all they're doing is like I'm waiting out my three year four year when I'm talking about stock and I'm just going to retire

I'm retired young yeah and they're not caring they're not they're no longer mission driven and they're really set. They're financially set way ahead of that they'd be. See, that I appreciate.

I like that. Which is finally. You're a freak if you're worth millions of dollars. Yeah. And you're like, I still want to make the Jensen more money. I want to make sure, I come in here and do the best job.

I mean, the minute I hit that. Yeah, exactly. People are people. People are coasting. But obviously the new guy that comes in, like his manager, again,

I felt it's a Twitch. So I didn't make any real money from when Amazon bought Twitch. I was pretty junior. You know, more than I thought I'd make, but like nothing that could change my life. And the people above me, my CMO and the guys I work for marketing, just check the fuck out. And I'm like, I want, you know, I want to do a big, I want to get noticed so I can get promoted.

Like, I want to, you know, I don't care about the company, but I care about me growing. And they just wouldn't even show up to work. I mean, I remember I was friends with the secretary at the front, you know, like a Jim and Pam type thing. I was flirting with her a little bit. She had their mail. They started getting, like, yachting magazines. It's incredible. Like it's almost like a, you know, it's a movie.

It's like, it's like scene direction. It was crazy. Like their lives changed and they just didn't care. And so there is something to that for everyone else that's like trying to make it happen. But so the new employees coming in are like. Yeah. And they're getting paid fine, right? But they're like they feel like they want to get a project going or like.

And just knowing the kind of rot started to set in where everyone's getting real slow. Well, and then you've got obviously the higher the stock goes. the higher your um your strike price of your options right if you're just starting to like if you get 50k and it's priced at uh 700 to share then if there's any drop like you're actually you're losing money yeah when I I I worked at BuzzFeed in marketing for a couple of years in before 24 Facebook uh oh yeah before it was like well it was no during the Facebook era maybe yeah it was 2015 to 2018 I you could say that I marked the top okay I got brought in I'm a bad luck charm, and I got brought in right at their peak valuation.

Dude, that was, like, the internet for a while. Oh, yeah. They were crushing. It felt good to work there. Taking quizzes, finding out, like, what kind of slice of pizza they are, whatever the fuck was going on. Yeah, I did a couple of those for, like, Tokino's pizza rolls. What a fucking insane.

I wanted to kill myself. That's what the internet was for just, like, early 2010s. I was peak millennial internet before the zoomers started coming. And they gave me stock. And I remember being like, oh, hell yeah. Okay. And I did the math on. it was a whopping $2,500 worth that would vest over four years at the peak valuations of one and a half billion.

So it went down to like $400, 300 or $300 or what? It was, yeah, $1.5 billion valuation. So I was like, wait, so I got to buy in $2,500 worth. I get the, I get the option to buy into BuzzFeed at a $1.5 billion valuation. Even if I wanted a 10x that, I'm hoping for BuzzFeed to be worth $5,500. $15 billion. There's no fucking way. So I just said,

I'm not buying my options. But there were people there who had worked there who were like employee number five. Right. Who held on and stayed and stayed and stayed through the IPO and are now like they just, I hope to God that they sold and got some point of value because it's gone now. Oh, it's at like 20 cents. I think it's valued currently. I think it's currently valued at like $30 million.

Wow. And the guy who started, do you remember Cheddar? Yeah. John Steinberg, I think. He was the president of BuzzFeed, and they got an offer from Disney to be bought out for like, I don't know, $700 million. And rumor has it within the company, and maybe it might be public knowledge by now, but he was practically begging Jonah Paredi. Like, please sell this company to Disney. Yeah.

This is the best working. What the fuck was Disney going to do with it? I don't know. Fucking Disney, Disney. Make quizzes. What a lot of character are you? Yeah. They would make it

They would make it fucking lame. But. I was supposed to how cool it was before. The corporate man would come in and turn cheddar into a real. And Jonah Peretti said no. We're not going to do that because I think that that's less than what we're worth. And he was right for a little bit because when they raised again, it was at a little higher, over a billion dollar valuation.

But then John Steinberg was very smart and he was like, fuck this. I'm going to go make something and then turn it around and sell it like you're supposed to do. And he went and made cheddar, and within, like, two years, he sold it for like $100, $200 million. Fucking cleaned up. That's the way to go. That's the way to go. That's the thing to do. We got to do.

You didn't get out. Can you get out. AI podcast. Naked. So the cheddar thing happened. He made a bunch of money. I knew a guy, he worked at Riot Games. They do League of Legends, pretty big.

He left to start Ven, V-E-N-N-TV. It was trying to be the MTV for gamers. They got a bunch of guys born in the 70s who thought they could do this. And they raised a bunch of money. And, you know, it's kind of like, what was the Quibi? You remember Quibi? Oh, yes. It's kind of like that, a little smaller version of Quibi.

And I was almost going to join. You know, I was like, I was going to leave in Vita. This is like year one and a half of Vita. And they're like, yeah, we'll give you stock options. You know, your base pay will be up a little bit or whatever. And I was like, this seems pretty good. Like, this is a cool idea. And I remember talking to him about it,

and he basically said, yeah, our plan is to do what Shetter did. We're just going to flip this bitch. We're going to, you know, we're going to get some users and then build some hype. And then thank God. Thank God, COVID happened. And again, their thing was they were filming shows.

Like they had to do it in person and like filming shut down. And so like they got scared and like everything slowed down. And I was like, I got scared. I was like, wait a minute. I don't want to be in this company. I don't know how long COVID's going to last. Right.

Like, I think I'll stay with this invidia, the unsafe bet. And that they fold it. I mean, they, you know, COVID ended, they tried some shows. Nobody watched them. Complete failure, didn't get bought by anybody. Just a disaster top to bottom. And, like, I was this close.

Like, the financial difference in my life would have been so drastic. So, yeah, that happened. And then, what were you saying before at Cheddar? BuzzFeed. Yeah, fuck. That's all right. Companies that, companies that, that, just giving stock and, I don't know. Yeah.

If I had worked to. a company like invidia that that's where a leader is actually where not only are they already public but they're substantial enough where you can tell that you're doing something that's meaningful economic impact uh that would have been nice i mean BuzzFeed to their credit they had really cool offices i really like that part well that's the fucking vibe with shit like it's like jonah pretty was like i don't know i kind of want to start like a jokey fucking website and then all of a sudden he's got to be at the helm of this like huge company and they're like make the right decision.

He's like, I can't. I'm going to fucking... Right. Yeah, I'm going to get high. Smoke weed. Yeah, I did like... It was a good job. But, yeah, there was a girl.

I remember in 2018, I really hope she didn't... I didn't really give her any advice, actually. But a friend of a friend was working at Invidia and had vested already all four years. And the stock at the time was at all-time highs, which was a valuation of, I think, like, $50 billion, maybe. And she goes, yeah, I don't really know what to do. Should I sell this? Do you think that they, and I said, I don't know, you work there.

Like, do you believe in what the company's doing? They're at all-time highs. It could keep going. I don't know. You can sell a little. And obviously, since then, the stock has split. Yeah, like a thousand percent or whatever. Yeah.

It's gone up more than that, like three or four thousand percent. and I would assume that she's probably one of those people who it just makes me so depressed when I think about it I'm like oh man I could be if only I had worked at some right just the right thing at the right time right fucking company but going back to the the market structure thing wait I just remember there I got a friend sure good good friend of mine known for a long time he worked at Twitch he's got a tweet that has

50,000 retweets it's just a random tweet he made in 2011 which is like Bitcoin back down to $2, so fucking glad I sold all that mess. Like, yeah, like a lot of... It was real. It was real. It had like, you know, it had like three likes for

10 years and then someone found it. And now it's like the ultimate bottom I think I've seen that tweet. Yeah, a lot of it was seen it. It's very, very popular. We make fun of them all the time. Like, he had a good amount of Bitcoin and like just dumped out of it at $2 back

in the day. He probably bought on Mount Gox. And Sherman would have been lost down. The only thing, that's what brings me comfort is like if I had, because I witnessed the day Bitcoin was born. I was on my computer that day and it was like, oh, here's this new thing called Bitcoin and it's currently trading for like

$20. You're Satoshi. You're the man. Don't tell anybody, dude. But I told, I was sitting there and I just thought, this is fucking stupid. I read about it and I didn't really fully understand. I'm like, oh, it's digital currency. This sounds like another fucking stupid thing. Here's the thing, it is fucking stupid. No matter, it's a speculative asset and people

making a lot of money on it, and that's fine. I'm never going to like, you obviously can make a lot of money on it, but it is fucking stupid. You should be a lot of money on Beanie babies, I am a no-coin pussy, and I'm fucking, I'm jealous, and I'm furious. We are going to fucking have it. We're not going to make it. And we're stupid and we're poor.

I watched in, what was it, the summer of 22 when it all fucking tanked, I was so happy. I was like, good, it's finally fucking done. And I was like, and what I should have done was fucking get in. And yes, I'm jealous and I'm pissed. But no matter what, And even if I made a bunch of money on it,

I'd be like, this is fucking stupid. I made a bunch of money on a stupid fucking thing. 100%. It is not done. It is not come to fruition. This thing that they're saying it is. I would have lost. That's real.

That we can all agree. That's not a real. That's a stable asset for your family, for your retirement. Yeah. I remember a guy, and I told the story on here before. I remember a guy in one of my trading chat rooms was like,

hey, man, you see what Bitcoin's doing? I'm like, yeah, because it hit like a thousand or something. And he goes, I'm just buying into this thing called Ethereum. It's going for five bucks. And I'm putting a couple thousand dollars into it. And I was like, cool, dude, good luck. The only thing that I had heard of, the only thing I had heard of at that time was light coin.

I thought, oh, no, you fucking moron. Why are you putting it in this new thing? It's just, don't you know, it's Bitcoin and light coin? Even I know that, dipshit. And he put it into Ethereum. And if only I had just taken a minute to Google it. And look into it. Because at that point, yeah, all I thought was it's just the two.

All coins were just like a new concept at that point. But I mean, like at the end of the day, man, we could, you know, we could watch the lottery numbers and be like, do you know what I'm saying? Like, we're all doing five. We're not coal miners. We're, you know, let's talk about that. It's like. It's like, haven't you ever had a couple numbers? Yeah, it's stuck to hit all five and then you miss the mega number.

That's, God. This is Ben, like, I get texts of like, you know. talks like this. Well, I'm just like, look at this guy. Like, these people are doing better

and I'm like, dude, our lives are objectively good. Yeah, it seems like everything is good, but did you see what that guy has? Yeah, I mean,

man, dude. You're going to horse be in China, bro. You have a, keep your eyes on your own plate, man. Yeah, if you're out there and you're jealous of me,

don't be. How long have you has been friends? I don't know your back story. What was you met in 20? Four weeks ago. 2019 or something? 2018? 2018?

Yeah. My best friend was, um, they made. on Twitter, and Ben was moving back to New York, or back to L.A. from New York. He met your best friend on Twitter, and they made a podcast with you. Well, so he got lunch with my friend, and my friend was like, no, no, no. You got any friends I could talk to you.

My friend was like, I met this guy. I think you guys would like each other. You're both psycho, he said. Yeah, you're both psycho. And then he invited Ben to my party, and he was like, I'm going to introduce. him tonight and like sparks are going to fly and like so amazing friendship and uh he was just like well here you are and like we're both in the middle of like

conversations stuff we're like hey how's it going man and we just went back and so we like didn't talk the rest of the night but then uh my friend started inviting around more and then we just like we start to hit it off and we ended up going to the same gym yeah that was a big part yeah we would see each other you guys climb yeah not so much anymore yeah get back to invite me let's play let's let's let's let's let's let's let's I'm bad I just I do it regularly now I honestly was like um I kept like pulling things in my back and I was like I can't fuck I keep doing this I was like it was I think it was two summers ago I tweaked my neck and it was like fully the like couldn't you know yeah yeah I was like that is scary I got a fucking

feel like back and neck stuff it's just no don't fuck with that because I mean you're really putting your body in weird yeah things and ask, and I was like, I can't, I can't keep up with, but I'll, I'll, I have friends who go outside a decent amount, and if we're going on like a climbing trip, I still go to the climbing gym. Yeah. And if we're going on a climbing trip or something, I'll like, get my hand strength back. And, uh, because we're not doing anything crazy.

We're just doing some. Yeah, I just do simple. Cruisers, feeling manly. Yeah, it's fun. Yeah. Yeah. It's fun. Yeah.

It's very fun. Okay. So back on to the stocks real fast, because we're running out of time. Yeah. How do we all get rich? Yeah. I was going to ask you, fuck. I was going to ask you, like, what do we think is the next big thing?

Because part of the thing that I, that I wish that I had, especially a few years ago. There's money, more money. No, it's smart people. It's smart people to ask like, hey, you're a nerd. You know your shit. What's the next big thing? You call him a nerd? When I worked.

That's crazy, bro. When I worked. You guys have my lips after I'm gone. I'm so nervous. I'm not. I'm fucking. I'm just talking. I couldn't help the whole time.

It was distracted. You got me so fucking nervous, bro. Top to bottom. No, your lips are perfectly moist. Your skin is good, you know. Dewy, all right. For the audio listener, the guy looks good. Thank you.

I don't know if you can tell by Ben's affinity for planes and ability to like notice small things, but he's a bit differently brained. I'm looking at the camera. I'm giving the boomer. How are you doing the gym? the lens there that they uh but yeah i wish that i had the um like when i worked at this place this studio in like 2011 and i remember the tech guy saying you know i just bought some

shares of amd i think that they're probably going to do pretty well because i use their chips everybody that gives him a stock tip in his stories has the most virgin voice he's got such a low opinion about everybody he's like yeah some guys oh these people were rich i guess they've all done pretty well but you've given them like the fucking asshole The biggest dillweed boys. And you should have seen them delivering these lines. Dryest lips you've seen. But it was like three bucks a share, and now it's like $180.

Bro, you're... There's a pattern here on these stories, bro. You're saying things are low and not at high. I get it. What do you think? Do you think that it's like biotech? I feel like the next... Obviously, they come in sectors.

They come in waves. And right now we're in the AI thing. And biotech has had multiple iterations, multiple instances. But I wonder, yeah, what do you think is the next big? There's no way to know, right? Of course. I do think my personal opinion, I'm a little, I'm just wary. I think AI, if I get into it now, I'm late, which could be wrong.

Because I have Invidia, so it's fine. I don't want to be anymore. I think the Ozympic stuff, the Eli Lillies and the Novo Nordisks and all those, I think they got a lot of room to run. I feel like, I feel like. I feel that shit's all like... You think it's over? You think it's... No, I feel like they're all like a day away from fucking lawsuits saying, you know,

everyone's stomachs got turned inside out by OSMPIC and shit. TBD, right? I think it's risk reward. Those things are so scary. Like, you know, their bull case makes a lot of sense to me, which is, you know, obesity, massive problem. Sure. This is an easy solution, which people will never do the hard solution. Seems like...

And then it's recurring revenue. Like, you've got everyone on a subscription plan for the rest of their life for... I think there's a lot of potential in that. I think it makes sense. I think, you know, especially because it even, it does work in terms of lowering heart risk and all that, like all the downsides of obesity. So there's a real chance that, you know, governments or insurance plans could even subsidize it so that you get it because it makes them more money in the long run because you don't have to spend it. Yeah, I think that's why Eli Lilly was listening to, like, the Biden administration on the, on cap and the insulin prices because they were like, we want to. Exactly.

We want favorable regulation when we, when we, when. We get like Ozempic and all these drugs. We want them to be covered by insurance. Exactly. Because it didn't get covered by insurance. Then you're going to get a lot of people on that. And that's, so that is something I'm cautiously interested in.

But I have generally, just be honest with you, I don't like to pick individual stocks because I have an audience that might buy them and then they might lose money and they get pissed to me. So I don't like to do that. And then also I,

since 2021, since NFTs, like before that I'm a permatech-bo idiot. I'm a perma... That's not idiotic. That's where the world is going. That's what it, you know, it worked and it was great. But since NFTs, I have been just, and also I got some money and I want to protect it.

I've been so much more cautious. I see more risks. I feel like a lot of things are on shakier ground, you know, in my mind, I, you know, one thing I gets me really furious is AMC. You know that CEO, Adam Aaron, you just see him on, on Twitter, and he is just farming, desperate poor people. to every last dollar. I mean, he calls himself the last silverback. And it's like, if you look over the last year, it is down 92%.

And they have, in the entire way, he's been selling and pumping. So he's offloading all his personal shares and getting personally rich. And you see in his comments, there's just more and more desperate sad people. People like, I'm a father of three. I put all into AMC.

And that shit infuriates me. Dude, that's the saddest fucking shit around all this. And I seek echoes of that in a lot of other stock. Like AMC is obviously truly meme, but I see echoes that all over the play. I see a lot of people that are desperate, they can't get a house, they don't know what to do. And they're taking more and more risk to try and get out of it into the American dream. I mean, that was the dark side of all the crypto stuff where like just everyone, this is going to be the next one. Like I miss that one, but I won't miss the same.

And like. And that's sort of what you're talking about what you're saying. Like I hear that, but you guys are fine, but there's people that aren't fine. And I, I hear that from them. And I, it makes me worried because I think people are just, they're just, they don't see a future unless they hit it big. That's what I'm saying. And the odds against that are really, really high. So that's my terrible answer to your how to get rich question.

But that's like it's a very, you know, like American problem where, yeah, people don't see an opportunity outside of, of, yeah, striking some kind of get rich quick scheme. I mean, there's no. The normal path seems so blocked. Yeah. You know, houses are, because usually you could buy an affordable starter home. It would raise in value over your life. Like even the entry level stuff is all locked out. right stocks are too expensive they're at all time highs you know real estate's at all

time highs uh rent is expensive living is expensive cost of living is expensive oh dude you know it's like i obviously knew how bad like i've read all about like how awful rent has gotten and everything but the someone posted to twitter like the the graph just animated of like from 1950 rent versus wages and i saw that it's it's mind-blowing you you i mean it's just it's like radicalizing you're like i what the fuck that and health care and uh and and education all that stuff is like watching the fucking gap is like we have cheaper TVs TVs go down to wages we can get flat screens at way better prices but like everything that you kind of want to live is is up and so I can see what people are

scared and and taking risk but I don't want to encourage it but I think Americans like often think of themselves more as consumers than workers and so they're like yeah TVs are cheap everything's good but they're way less likely to think about like organized labor or anything like that where they're like oh I could like fight to better wages

and make sure pensions get reinstated and that kind of thing they're like I don't know I kind of pissed me off because we had a sort of quote unquote hot labor summer last year there was articles but like then you look at the numbers

and like the number of people when a union didn't really go up it's flat and it's like still all time lows yeah yeah it's like you know there was some wins and there was some activity but it didn't grow, which sucks. Yeah.

I suppose that just back to the question I ask you of like, oh, what sector, if AI is really destined to really stay and not have a kind of a trough for the next few years, obviously we know that a lot of money's pouring into fucking venture capital is doing what it does. And now if you come out and say, hey, I've got an AI soda can. I got AI, I got AI weed. The story from everyone who is richer and smarter than me is put in AI right now. Like that, you know, I'm cautious, but realistically, though, they tell you is like, if there is a trough, it's not happening until 26 or what, just go. Just AI is going to pump. It's going to the moon.

It's going to change everything. And on the GLP one thing with the, the, um, you, because I've been trying to train myself to have second order thoughts on these. And I think I've talked about it on here before, but with all these people losing weight, what's the next thing that has a cosmetic surgery? yeah and there's a few companies to do that and like Botox alternatives and shit yeah yeah that's the next yeah it's interesting I mean and also like I didn't even think about that if it's broad adopted does that mean all the companies are you know because it it reduces your likelihood of gambling it reduces your likelihood of yeah well it's like a weird impulse control yeah impulse control there's a lot of companies that rely on everyone having bad impulse control I mean are any of them like internal memos at like Nabisco or wherever the fuck where they were like we need to keep an eye on that Yeah, I think Walmart I saw one too

Where they're like, yeah, yeah I want to fucking eat our shitty Nilla wafers, bro. Yeah, I mean, the marginal nilla wafers sales will go, you know,

it's not going to collapse, but they don't get the growth they want. I was craving Twinkies the other day and I think I might, well, because, what? They're so good.

I have a bit of impulse control. Oh, me too. Yeah, yeah. I'm a sour candy freak. Ooh, I'm candy and cigarettes. Okay. You told me back on smoking. Diet soda.

Yeah, diet coke. But it's okay. I've seen the other side. I've been chewing gum. He's been chewing gum. Okay, you've been chewing gum. I think that we got, what time is it? We're at 105, 105, but what's, uh, oh, yeah, we actually, we got a wrap.

Oh, we got a wrap, okay. Well, I think we probably have made this our main episode and maybe we. Check out the bonus episode where we introduce each other. Yeah. No, I think we can. We can get clever with you. Yeah, we'll edit it right. Okay, okay.

Like the first couple minutes of the We'll make it work. Yeah. Well, and the parts where we like say what this is. We'll figure it out. Yeah, we'll figure it out. Not my problem. I'll be it.