The Ben and Emil Show - BAES 46: How this idiot lost $14 Billion dollars

Episode Date: May 2, 2024

We're back to our roots today with a market heavy episode just for you, cutie. First off, we've got HUGE news about marijuana, and also Dave & Buster's. Our main story: Cathie Wood is the celebrity hedge fund manager that single-handedly destroyed over $14 billion dollars in the last decade. And she's still going strong. Plus, we've got Zuck's comments that single handedly tanked META by $200 billion dollars and spooked the entire market, and Elon's latest grift to keep the Tesla scheme alive for another quarter or two. TRADE WITH BEN AT https://tradertreehouse.com Here's the link for Moomoo mentioned in the first few minutes! Get that Signup offer! Click the link to get a "Mag 7" fractional share bundle for deposits or 1.5% Cash Reward match ($300 max) on transfers: https://j.moomoo.com/00MbzJ Head to https://benandemilshow.com for this week's bonus episode :) __ This week's sponsor is Aura Frames! Save on the perfect gift for Mother's Day by visiting AuraFrames.com to get $30 off plus free shipping on their best selling frame. Use code BAES at checkout to save. We're also sponsored by Notion AI! Try Notion for FREE at https://notion.com/BAES __ This episode (and every episode) was masterfully edited by Dillon Moore. Check him out at https://www.dillonmoore.co and @ dillonmoore on IG We're on instagram. @ benandemilshow @ bencahn @ emilderosa and @ dillonmoore Learn more about your ad choices. Visit podcastchoices.com/adchoices

Coming up, on this episode of The Ben and Emile show, marijuana is looking like it's going to get rescheduled. I guess they were late for their appointment last time. Am I right? Oh, yeah. The crowd goes wild. We got a, we got the biggest loser in all of the stock market is Kathy Wood. It's official. She's the biggest loser. And not just because she's blasting those impacts. She's, uh, she is? No. Oh, oh, I get it. It was weight loss. Yeah, yeah. It's okay.

Well, we're over two on. Yeah. Also, it's earnings season and there's a bunch of stuff that's going on where this is, man, for those, for you, for you stock market heads, this is going to be a big one. Oh, yeah. I guess before we get into that, we should let everybody know in case you missed the joke last week. We're absolutely unreal.

Not leaving YouTube. No. It was a bit about the fact that those other guys. Other guys were leaving YouTube. So we mocked their video. Yeah, we were making fun of them. So I guess it all comes full circle and now we're doing our own apology video. Fuck.

Yeah, you're right. Which sucks. But yeah, we're not leaving YouTube. It was just a bit. And if you wanted us to leave, well, guess what? Hators are our motivators. So thank you for the extra motivation. They actually really do get to me and it would be a lot easier to do this without the haters.

They're like lighting candles and hexing you. Yeah. Have you ever done a hex or anything like that? Oh, I'm constantly hexing. No. Have you ever done one though? Like for real? Most of the people in my life I've hexed.

Well, I really have. I participated in a... I also have. Yeah, my buddy, a couple years ago, my friend Beau was like, do you want to do a... I can't remember what kind of... What kind of... Are you talking about a seance?

Yeah. That's not hexing. What? Isn't... Don't you hex in a seance? No. Hexing is like, uh, well, we got Google here. Hex...

Oh, geez, Louise. What is a hexing? A hexing is when you... It's like a curse, right? Yeah, like... Yeah, like... Yeah, hexing is like cursing someone. Yeah.

Okay. And you do it ritualistically. Yeah, but a seance is connecting with dead. Oh, Jesus. Okay. Well, we did a, we did a, um, we did a ritual. that was like a severance ritual where you like symbolically cut a string that's meant to represent the thing that you want to sever ties from.

By the standard definition, hex or hexing implies causing an unpleasant, unlucky, or harmful things to happen to people. Supernatural means by use of witchcraft. So my point remains, I've, I've hexed most of the people in my life. Why would you do that to them? They've crossed me in some way. I remember in high school, everybody was getting into witchcraft, and they all fancied them. What's the, what's the, uh, Wicca, Wiccan?

Oh, yeah. It's like a, it's like a teenage girl's right of passage. And teenage boys. And for some reason, um, like single women in their 30s, they rediscover it. Oh, yeah, especially in L.A. In their early 40s. I know several witches. I know several of them too.

Um, like they get together and have their witch, witchy stuff. Just relax, all right? Go bowling, okay? Join a bowling league. Or just give me a good curse. Give me, bless me with some kind of, if I know any witches out there, please. I'm pretty sure all my troubles are

because I've been hexed by multiple women in L.A. maybe. Yeah? Are you afraid of those faith? Have you ever heard of those Facebook groups? Don't worry, we're getting into the episode. Yeah, how do we talk about hexing? Well, have you heard of those Facebook groups where women get together and discuss the men?

And it's like a mini Yelp? where they've reviewed... The only thing I know about Facebook is from Jesus. Yeah, that's true. It's my birthday today. Wish me happy birthday. Happy birthday.

That's what the comments are. Okay, well, okay, let's get right into it. But before we do, we got our partner trading app, moo-moo. Mo-moo? Mo-mo-mo? All my homies use and love, you actually do a pretty good moo.

Why don't you hit the people with it? Blu-oh. I said one. They should make me their mascot. Yeah. It's a commission-free stock and options trading platform, and they're giving away fractional shares, a fractional share bundle of the Magnificent Seven,

which is like Amazon, Netflix, Google, Apple, Tesla, NVIDIA, and something else. After you make your first deposit of $100 or more, terms and conditions apply, a ton of people have been signing up for that. You know, you get a little free shares. You know the drill. So, yeah, weed, okay, got a huge shout out to the Trader Treehouse.

Speaking of, speaking of this marijuana news, because we were on it, and I was posting, we got into Tilray and this company Grow Generation, just all these weed stocks just jumped. And it scares the crap out of it. Were they talking about it before this? Because I didn't even know this was coming down the pike. It's been, it's been circulating in the rumor mills for quite a while for the last few weeks in months that there's certain people within the DEA were hinting that it's going to be removed from Schedule 1, just removed from Schedule 1, not knowing where it was going to land.

Because Schedule 1 is like the, it's the most intense categorization of, it's up there like a heroin is a Schedule 1 drug, but now it looks like they're recommending that it be dropped down to Schedule 3, which puts it on par with codeine and ketamine and, you know, prescription stuff. Right. But it still wouldn't federally legalize it. Yeah, it wouldn't mean you can recreationally use it. It would mean I believe, correct me if I'm wrong. I believe it would mean, I just got the thing

here. Why don't I just do that? Well, first, it still has to get approved by Joe Biden's White House, which it looks like it probably would. I would assume that they would do that. But it carries major implications for state legal cannabis businesses. If it's ultimately implemented,

it will mean that marijuana firms can officially take federal tax deductions that they've been barred from under an IRS code known as 280E. Oh, I bet that means you can probably finally use your fucking credit card at the... Probably. You know how every time they're like, we can either do debit or cash? Yeah. Oh, we have an ATM machine over there, but it's...

Is there a $6 fee on that fucking ATM? You ever used an ATM at a strip club, my man? I don't know. I did in the... It's like a $20 fee. Oh, it was like $40. I went to a strip club twice in my life, and one of the times I needed cash. So I was like, okay, I guess I got to go get cash.

And I think the fee was like $20. And I just thought, this is unreal. I mean, it makes sense. Guys are in here doing this, man. I'm sure it's pretty high in, like, casinos as well. No one's going $20. Forget it. Did you hear, did you see that thing going around,

the difference between Japanese strip clubs and American strip clubs? Yeah, the difference is, you're going to make something up right now, but go ahead. No, do it. I want you to. The difference is what? They speak Japanese? Yeah. Oh, damn, that would be, I'm sorry I messed that up.

Fuck. What is this amateur now? This girl says that it's, even though the women get fully nude, it's like a dance in the strip club. Yeah, which ones? The Japanese ones. In the Japanese ones, the men watch, the people watching are like clapping along to whatever song is playing. and then when the women like expose themselves like show their open their legs or whatever you you really like oh you give them like a good it's a sign of respect that like oh great job and then when they close it up again and just dance you're back to just like rhythmically clapping with the music oh yeah I have not been to a strip club and so I don't even remember I'm like isn't they're clapping at strip clubs in America I don't know what you know no no it's not I remember the last time being at a bachelor party and just being like this is so boring I wish we could just like go back home and drink and play games.

Strip clubs are upsetting, mainly because the women lie to you. I mean, right off the bat, they're telling you a fake name. And I can't abide that. Abide that. You're lying. You're a liar. How can I trust you with my heart in this situation? Ruby.

Do they lie to you? Yeah, you say, they go, what's your name? You're like, Ben, what's yours? I don't know. Jade. It's like, okay, that's a fake stripper. That's for her safety, dude. Yeah, I know, but like I said, I've only been to a strip club twice,

and the last time was like 10 years ago. Why did you need more money? What happened? You spent all your money? No, I didn't have any money. You went to a strip club with no money. Yeah. And you were like, tell me your real name.

I'm going to give them a fake name next time. Oh, you want my name? Huh? How about Mr. Bobby? Oh, God. Yeah, that's a, that's kind of a scary thing. Okay, so what's going on with this weed? And I'm in sweatpants. What's going on with this weed? Okay, yes. Guys, oh, we got to take, we got to take a second. We need to take a quick second because there's too much information out there, man. It's information overload. And it's messing me up. It's messing me up. It's screwing me up. It's getting in my way. My productivity was at an all-time low. Yeah, mine's actually in the gutter, in the toilet. Mine was. Not anymore. I was, yeah, I was a bit of a skeptic, actually. But we used it at TMG, and we continue to use it to use it to. Today, it's Notion AI.

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Notion.com slash bays. So the weed thing, yeah, the next step would be it going to the White House Office of Management and Budget. Yeah, so it's a big, big deal because, yeah, it airs legitimacy to these businesses in the eyes of the IRS. And the wheat stocks are popping? Dude, canopy growth, which is one of the mainstay stocks, a couple, like two months ago, was it $2 a share, down from, you know, like whatever that's high,

$70 or something, but it's up to 16. It was up like 60% just today. Damn. Yeah. So 60? 60% today. Yeah. Holy shit.

Yeah. So, and then Aurora Cannabis was another one. And God, I mean, I've forgotten so many of these tickers. You, like I said, grow generation. And years ago when I was heavy into marijuana stocks, I remember going to Las Vegas to do some like research. And I remember. Why did you put it in, was it were you just going to strip clubs with no money?

research no i stayed at the venetian and um no i went around to a bunch of different uh dispensaries out there that were owned by companies that were publicly traded just to like check them out and i don't know and i went to a grow generation is basically like the home depot of of america like that's where they sell the fertilizer and the lights and all that shit and i was not impressed and then the stock ended up doing like 2,000% anyway, and I was pissed. I was fucking pissed. If that's the home, you ever been to Med Men, that's like the Apple store. Yeah, Med Men sucks.

God. Oh, man. I mean, I think they all suck. They're either like weird, kind of nasty things with like fluorescent lights and like, yeah, those signs where the word scroll by or they're med men where you're like, this is too much, just. Yeah. And they've got like Bob Marley smoking a doobie.

At Medman? I don't know. In any of these. Well, at Medman, they have like little display cases where they have a magnifying lens so you can really look at the hairs. It's like, stop it. Yeah. I don't give a rat fuck.

Just sell me bad weed. I want bad weed. Every, I rarely go, I rarely step into a dispensary. I'll go, I don't know, once every few months. And every time I go, the weed gets stronger and stronger. Like, that's a new marketing thing. They have like dad's wheat. That's good.

Dadgrass, yeah. I'm a pioneer. I'm one of the first consumers. to ask for that because years ago, I was like, give me the weakest weed you've got. And at the time, it was like 12% THC or something. Now, it's like 20% is the lowest. If you're lucky, fucking pissing me off. Each one gives you a different type of panic attack. But Medmen, yeah, no kidding. Medmen, when they went public, I believe in like 2017 or 2018, it was such a scam of a stock because it was the structure of the shares and all this shit,

it was basically just a vehicle for the insiders to just dump all their fucking shares onto an unsuspecting investing public. And the stock just absolutely never went up. I think it just, from the moment it went public, it just fucking tanked. Good for them. Yeah, good for them, making their money on the backs of hardworking, investing Americans. The other big thing that I saw today, you know, We've talked on this show about how gambling is an epidemic, and this doesn't exactly hurt my case for that.

David Busters, did you see this? No, what happened? They're allowing people to bet on arcade games. Like, in real time on... Like, I don't know how. They're just, like... Say you've got your child playing against another child in fucking basketball, and you can place a fucking wager on it. It's probably going to make them a fuck ton of money. Oh, it's probably going to

make them so much money. Because they're seeing how degenerative, how everybody's a fucking degenerate. Yeah. Damn. I want to see. Now, what I want to bet on, I want to be able to bet on the people who bet. Like, this guy's going to lose his money. Yeah, this guy's going to lose his house here at Dave & Busters. And in 20 minutes, he's going to be crying over a bucket of fries, French fries at the shitty bar. I would go. and bet on people. I would bet on people, too. That makes it more fun.

That makes me feel like I'm actually, I don't know. Invested. Yeah, it just feels like a smarter bet to take. I'm going to bet against you losing. It should let us do that at casinos too. Bet on the people. Yeah, just like, I want to bet on this guy

to lose at Blackjack and get pissed off and get an argument with his girlfriend. Right? You'd fucking clean up. That would actually be more fun. Just sitting at a table. table and being like, who's the biggest fucking loser here? Yeah.

Yeah, I'm into that. This guy's a mark. He's fucked. Yeah, this guy can't count. I don't know. I don't know. You can tell he can't count. But anyway, so that's going to be fun to watch happen.

I'm sure that nothing bad is going to come to that. Dave and Busters is publicly traded, too. Their ticker symbol is play. Isn't that fun? That is fun. That's so cute. I love when companies have cute. All right, let's get into the real loser here.

Yeah, the real losers. Speaking of losers. As long as we're talking about picking losers. Who is she? Because I love this lady. Kathy Wood, we've talked about her a lot. Why'd you say, mm? Yeah, we certainly do love this lady.

I've never seen a more confident person. You know where it comes from? Her love for Christ. Yeah, truly. That's the one, you know, I think if I was religious, I'd be unstoppable. Can you imagine the power of... Us with confidence? The power of the Lord.

behind us? Incredible. I fear nothing because I have the power of Christ. If I had religion and an Adderall prescription,

it's over for you host. He'd be like Bradley Cooper in that unstoppable movie. Have you ever seen that? Get to the point. Quit.

Sorry. I'm just, it's fun. I'm just enjoying the banter with my guy today. We've got our live show in New York

next week. You scoundrels better not forget because every time we sell we sell it out every show and then inevitably like 15 to 20 people just it's not them it's a pandemic holdover i've talked to venue owners they say ever since the ever since the pandemic hit about you can count on about 20% of people who buy tickets to not go to the event those people are

very weird very disappointing anyway kathy wood uh lost more than any other fund in over a decade her fund arc investments yeah her well there's there's many of them yeah and obviously because she's religious, that's why she calls them Ark, like Noah's Ark. But collectively, destroyed, I love how they phrase this, destroyed $14.3 billion in wealth. Incredible. It's absolutely incredible. She was hot shit in 2020. She's been around since before that. I actually was reading that in 2017, I got to give her credit where credits do. In 2017, when Tesla was only a $50 billion dollar company she was saying that they are going in a few short years they're going to be worth multiples of that and she hit the head on that the nail on the head always the same thing with

these fucking people they get right once and then they're like i'm a fucking genius rice is behind me let's fucking write that's what they always say burkshire hathaway uh warren buffett christ is behind me christ is behind me i love cherry coke and McDonald's um but yeah so that's exactly what happened. She was hot shit in 2020 and 2021 because she was betting and winning big on these like really speculative tech plays. But in hindsight, it was just because we were in a low interest rate environment and there was a ton of stimulus coming in. And, you know, a monkey with a monkey. Right. Well, that's the thing. You know, he could have done it. It all, uh, so now investors have pulled a net of 2.2.2.

billion dollars from the six actively managed exchange traded funds at her arc investment management this year and like it was so big arc was the world's largest active ETF manager did not even know that it's so fucking crazy and so which one the main flagship one r k a r kk uh in the wall street journal it doesn't say which one it just says arc oh so yeah just their entire umbrella right got it and so and it was all because you know it was just this handful of stocks that they had, like Tesla, and then some other ones like skyrocketed. Zoom.

Zoom, Roku, Unity Software. Also, what the fuck is Roku? Roku is... I know what it is, but like... Roku's actually really interesting. It was founded by the guy who... All I know is bad TVs have Roku, like, preloaded onto it.

Am I wrong? You're not wrong. You go over, your friend's got a TCL, and you're like... You bet that sucker's got a Roku. Can't wait, so this thing goes idle, and I could see Roku... idiot night.

Fucking, and people, there's Roku originals. I'm actually all set on the Weird Al Yankovic biopic biopic. Yeah. starring Harry Potter.

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That's A-U-R-A-Frams.com. Use code bays at checkout to save terms and conditions apply. Okay, bye. It was founded by the guy who created TiVo, though. And I can't remember, but he... That makes sense. This guy had a vision for, like, I'm not sitting through no fucking commercials,

and I'm going to dedicate my life to it. He's a great big fat guy, and he wears suspenders, and he's got glasses, and he's, yeah, then I think he got ousted, at TiVo or something, and then he said, all right, fuck you guys. I'm going to start Roku. That's fine. And he killed TiVo. They're shitty TVs? Well, we're going to preload a bad interface onto all of them. I personally don't fuck with it. But yeah, so Kathy Wood sure did. And she still, so yeah, as you were saying. Which is now down 33% since her time

and being in there. Right. And so the flagship, so there's several ETFs that they run. There's arc K, arc G, which is genomics. There's arc F. which I think is like fintech stuff and a handful of others. But the flagship one, Arc K, the innovation ETF, was up 150% in 2020. They had $30 billion in assets that they were managing in 2020 and 21. But then their funds collectively plunged 67% in 2022. Is that good? No, that's not good.

That's actually not good. Okay, when things plunge bad. Yeah. So what's funny to me is that they top, the morning star just put this list together, and they said that Ark Invest tops the list by more than double the next firm on the list during a bull market. So it's kind of, it's kind of one of those things where it's hard to fuck up this bad. There was one that, I mean, I fell for her shit.

I thought that she was a genius too, and there were companies, I was getting her newsletters and stuff and her annual, they put out really impressive. Yeah, but then we started digging through her, you know, their yearly output projections and things. And they're talking about their view of the world. You're like, you guys are living in a different fucking planet. Yeah. For example, they're saying that, and I don't disagree with this, but they're saying that Bitcoin could go to, she's saying that Bitcoin could go to $500,000. I think that that's plausible. I think she needs it to. That's the only one thing that is still kind of helping her crypto her crypto holdings are like yeah she's well so they're still

managing 13 billion dollars their biggest holdings are coin base teslo roku and zoom why they're still invested in zoom i have no fucking idea you know what's notably absent what and video oh yeah she famously sold she was holding it for like 10 years and sold it all before it just went and she's still defending this she's like i'm making a good move that i mean that's so we're She'd repeatedly defend her decision to exit from the stock, despite widespread criticism for missing the AI frenzy that has taken Wall Street by storm. Arc's exposure to Nvidia dated back 10 years and contributed significant gains, adding that Nvidia's extreme valuation and higher upside and other companies in the AI ecosystem

led to the decision to exit. It's insane to me because... God bless you, Kathy. She is so... She is really spot on and has been talking about AI and the AI revolution for years but she thinks that Tesla is hand head and shoulders above the rest and that's like her main thing woke though yeah i know grok is woke so or wait no grok is not woke dude but they proved grok was woke really when they were like say the n-word and he was like i cannot damn and Elon was like

okay stop everything we got to yeah and they were like make grok say the inward and then they were like what is a woman and grok was like i'm not playing your game. I know it's you, Matt Walsh. That's really funny. Yeah, it is impressive to see how badly she's fucked up. There was a few companies that she literally rode all the way down to zero. I mean, she was buying them when it was sub $1 and then 50 cents. And then finally the company just, she lost 100% on these companies. And they're also, you can get daily emails. They will send you, and I still get them, of what they're buying and selling in their various funds. It's so weird, because, yeah, one day they're selling a bunch, and then the next day they're

buying a bunch of Roku. It's fucking stupid. I also just, like, don't understand. Can I even access Roku originals from... You can probably download a Roku app, but you think of it as one big... Look at this fucking remote. One big ecosystem. Yeah. Yeah. But they did, you know, they went on a hair a while ago. The biggest thing she just in an interview, I guess I'll just play, should I play the video? Sure. It's a minute long. This is her getting interviewed. Unfortunately, research on how these technologies are going to evolve is critical. Pause it. You'll see. Whenever someone's talking to me like this. With wide-eyed? It's not inspiring confidence. Yeah. She's, yeah.

Many strategies will put anything that has the word artificial intelligence into a portfolio, anything in the prospectus, let's say. That's one way of doing it. But we are much more focused on who's going to take the lion's share of this market. And it's a winner-take-most market in many cases. The most interesting one to us and probably the one that will scale enormously during the next five to ten years is robotaxies or autonomous-taxie. platforms. So she thinks that in the next few years in the in the AI revolution that is coming robo taxis are going to be the big big fucking thing right? That's the convergence among robotics

autonomous vehicles are robots energy storage they will be electric because costs are coming down with this new technology and artificial intelligence they'll be powered by AI. We believe that that entire opportunity is going to generate revenues what do you want to guess she thinks uh the amount of so keep in mind she's not just saying robotaxies themselves just like the act of uh oh calling an uber she's talking about the energy that it takes to power them the robotics all of it and then robo taxis themselves like the whole industry yeah yeah what do you what do you what do you think this lady who famously likes to ballpark it um in insane we're using insane projections 10 billion 10 billion dollars

uh let's see of eight to ten trillion dollars in twenty yeah you were you were um i got i forgot the tea you were you were incredibly off shit to her credit though she was saying the same shit about Tesla she was saying that it's going to be like a three thousand dollar share company and within like six months it went there she was right and that's that's what we were saying is that one really good call that was basically the result of, I'll say it, market manipulation, I think. Here's my conspiracy theory.

Have I ever told you this? With why Tesla went on that amazing rally. Well, should you wait until we get to the... Sure. Or you can do it now. I'll just tell you now, because we're going to get there right now, I guess. But it was stipulated in Elon Musk's

contract or whatever as CEO. Right, he was going to get like a 50 billion... He was going to get tens of billions of dollars worth of Tesla stock, only if the stock itself performed at a certain level within a certain time frame. And it is my belief that he, along with whatever other wealthy people he knew, banded together to push the stock in a really genius way there was a baiting of major short sellers who were going to bet against the stock thereby giving them all the more cannon fodder to propel the stock higher when it would move against them the short sellers I mean and I think

that through just buying the stock outright and buying call options on Tesla they were able to just implement this insane squeeze on the stock, then getting Elon his major award and all that shit. I think that, man, I think that it'll go down. That's your big conspiracy theory. I think that it'll go down. And it's going to get them covered. I think eventually it'll come out. Also, anytime I hear, I know I'm a broken record, but it's just like, anytime I hear the robotaxies and stuff, it's so hard for me now to just be like, just build fucking trains. No kidding. It's like, and they're like, we can't, we're trying to get the Waymo's to not, uh, fucking run over fire hydrant and stuff. She's like, build a train. Just fucking build one goddamn train. I don't understand why we

can't just put light rail. Just like, give us light rail. Let me hop on a fucking thing. Yeah, let me hop on a thing. It's so easy. You don't even need new technology. We've already got the streets. Just let me fucking get on a thing. I don't understand. And I can bring my little bike on there. It's like, what the fuck? Yeah. I don't understand. And it'll cost me, I don't know. $2.50. And so they're like, but you can pay $35 to get in a robo taxi. And I'm like, why would I want to do that?

Yeah. Man, it would be a shame if people got together and like made it so that they just, I don't know, didn't fucking work. I blew them up. I mean, I'm down. Just blow them up. You imagine a bunch of those things on fire driving down the street. I mean, we might not have to do much.

These things are, they're, I don't know. You've seen the video of like the San Francisco cops being like, Talking to it like it's a dog. Yeah. Stop. Slow down. And like, it's like, dude, it's not sentient. Yeah, I can't understand in English.

I can't understand English. That reminds me actually of a tweet. Someone said something along the lines of, guys, what if heaven is Chinese? What if heaven is Chinese? Yeah, what if it's all in Chinese? Yeah, I just, was it you telling me about that, Dylan? It's a TikTok. A guy.

He's in heaven and it's all Chinese and he goes, no, this is great. I just didn't expect it to be Chinese. It's cool, it's cool, though. You did it, you did a terrible service to it. I did a terrible. A tweet that just said, what of Heaven's Chinese? And then Dylan did an actual joke. Yeah, yeah.

No, that's good. Speaking of jokes, before we get to the Tesla earnings. What if Heaven's Chinese? Before we get to the Tesla earnings and how it relates to Kathy Wood and stuff. I thought you would get a kick out of this, man. Paramount is, as we know, publicly traded. They had their earnings call yesterday for us two days ago for you guys, three days ago. And their conference call, you know, normally they last 20, 30 minutes sometimes more,

where they take questions and stuff. Their call lasted nine minutes. All they said was that their CEO has been fired. They refused to take any questions, and then they just played the Mission Impossible theme on a loop. Whoa, that's sick. It's fucking awesome. Dun, on a loop.

Because it's a paramount production. Sure. Yeah. Which would be even funnier if it wasn't just them playing a property. The Pink Panther or something. Yeah, yeah. But they might own that. There's only like three media companies now anyway.

So it's... True. Because they're about to potentially get acquired, I think. So that's why they're not answering questions because they've got nothing to Hey, yeah, we fired our CEO. Anyway, we also had Tesla earnings last week, and Tesla was already down so much that you could say all the bad news was baked in.

So when they announced earnings and on their conference call, all it took was for it just to not be catastrophically bad for the stock to do exactly what it did, which was rally like 20%. But then it rallied, again today, didn't it? It rallied again yesterday. Of strong

Chinese news. What if Heaven's Chinese? What if Heaven is Chinese? That's what Elon Musk was thinking when he went on this little trip. I think Elon Musk found out Heaven is Chinese. Heaven is Chinese for Elon Musk in many ways. Yeah, they announced that their part, it was a bit of a misleading announcement too because it came out that they were granted approval for full self-driving in China

in a partnership with Chinese Google. What if Google was Chinese? What if Heaven's Chinese? If Google was Chinese, it'd be called Baidu. Baidu, which is what it's called. But that ended up not being exactly accurate, not only because it's not full self-driving that was granted to them.

It was the like assisted driving shit where basically it's, you know, it's what all the other Chinese car companies are already offering for free. So they're late to the, because the market was like, oh, shit, ooh, this is huge. It's a big fucking deal. It's not, it's not that big of a deal at all.

Very Elon Musk to, you know, mark a middling success as a giant victory. Oh, yeah, a revolution. So on their conference call, though, there were some pretty big highlights. They're actually calling the Robotaxi a cyber cab. Whoa, cool. Holy shit. or anybody would call it like okay what would it what would happen what do you think how we would feel if elon did announce like i'm going to uh build trains he fucking did already and then he didn't do

it he fucking announced hyperloop yeah but hyperloop was always going to be cars no it wasn't hyperloop was supposed to be a high speed rail that linked san francisco in los angeles oh shit and he you know what a lot of people uncovered was that People seem to think it was his way of getting city councils and other politicians to go with his proposal and then never do anything so he could sell more Tesla's because he would go with these great pitches and be like, here's what we're going to do. We're going to build a cyber loop in your city. Hyper loop. And then it just went nowhere. We've seen nothing except for the Vegas loop, which again, he's calling like a huge fucking success.

All you can do is drive slow. totally in a Tesla underground. For like 20 minutes. Yeah. At like 20 miles an hour. And so nothing ever came of it. That's what the hyperloop. Yeah.

It's an attraction now. Yeah. And it was going to be, they were going to be like crazy magnetic rails. And it was going to be so fast. You can get to San Francisco from here in two hours. He's already touting the next thing. And that's,

I believe. But so if he came out and said, I'm going to build trains, I'd be like, yeah, fucking right. Yeah. Prove it. Well, that, I think. think that the market is starting to catch on to his grift because now he's saying that optimists

they said on their conference call that optimists the robot that they're working on is going to be able to complete tasks in its own factory by the end of the year and they could sell optimist by the end of 2025 it's just another thing where they're always pointing to another thing down the road oh yeah we could be doing this and uh he said quote if you don't believe test Tesla will solve autonomy. Let me try that again. Take it from the top. If you don't believe Tesla will

solve autonomy, you shouldn't be invested. Because that's what they're, they believe that they are going to be the physical leader in AI. And they were likening full self-driving to Amazon Web Services in that people didn't think Amazon

web services was shit, but now it's the most valuable part of Amazon. Right. Yeah. But I, I, I, I, I, I have it highlighted here. We talked about it before where maybe it's just my own cynicism, but these people seem to know better than we do what the future truly holds because they're the ones actively shaping it.

And maybe I'm wrong. Maybe they are, you know, he's saying that the regulatory path to full self-driving is improving, and he said it'll be like getting in an elevator where you press a button and you get to where you want to go. Yeah, just because he's the one shaping it doesn't mean he's capable. of doing the things he says he can do. So I think, yeah, the future is just going to look shitty because it's people like this, you know,

claiming they can do all these things. And then we're just going to go, it's just a circle with Tesla's? Yeah. Like, yeah. Isn't it cool? Isn't it cool? No. And that's the thing.

He's going to build a fucking tunnel from L.A. to San Francisco. And he's going to put Teslas on it. And it's going to take you five hours still. But he's going to be like, I hope to leave. traffic by redirecting it underground someone put together someone on Reddit um put together a timeline of all the times when um Elon made claims that didn't pan out starting in October 2016 on Twitter when he said Tesla expects demonstrate self drive self driven cross country trip next year obviously did not happen um I'm not going to read all this it's just every year he's saying like

It's going to be next year, July 2021. I think FSD subscription will be a significant factor probably next year. I would be shocked if we do not achieve full self-driving safer than a human this year. That was January 22, two years ago. I mean, Jesus Christ. I think he's just playing Steve Jobs where he feels like he can say these things publicly in that it will whip his team into a frenzy. When I was reading that, that's what I thought about was the,

I thought about the iPhone release and when, you know, what was it, 2007? And basically he called a conference. It was like, here's this thing we made and you can have it in a couple months. And we're taking pre-orders now. It's going to be sick and revolutionary. It's the complete opposite of just like,

I don't know, I think we're going to be able to do it next year. And everyone's like, oh, okay, we'll just write a bunch of headlines and we'll juice your stock, whatever. And he's just like, no, I guess next year? No, I guess next year? Yeah. And then he does, he's like, look at this, like, bad robot we made. Oh, look at this truck.

Remember the fucking semi-truck? That everybody, every Tesla bowl was all about the semi-truck. Oh, my God, it's going to revolutionize the trucking industry because it's going to be full self-driving and all this shit. And then when it doesn't pan out, it just kind of goes away. Right. And nobody fucking talks about it. So I'm not the only one talking about this. What's his name?

Dustin Moscovitz. The co-founder of Asana. Asana. No, well, Facebook and then moved on to Asana. Yeah, he's the CEO of Asana. He said, I know I sound crazy to most people who don't follow Tesla closely, but at this point, it really needs to be said, this is Enron now, folks. It may keep going, but people are going to jail at the end.

The data is presented, I'm assuming he means about full self-driving slash their finances. The data is presented in fraudulent ways, and it doesn't say. say what they claim it says, even when they make it up. Tesla has committed consumer fraud on a massive scale from lying about full self-driving, ranges, and, recently unconfirmed, even inflating odometers. Many times now, also securities fraud. Ooh. Tesla's also getting beat.

I mean, should we talk about the Mercedes thing? Oh, yeah. Mercedes has... Benz, right? not the other Mercedes-Benz Are you saying it's yours No I was just being stupid Because there is no other Mercedes

I know I'm also being stupid Because you said Benz Oh yeah yeah But I meant with the V we're over three We're over three on this episode And we're striking you guys can just turn it off now That's the end of the episode We that was our third and final strike

Thank you guys for tuning in We're gonna do better next week It's these new podcast rules They're just like baseball rules That are just hard and weird Go on No but Mercedes has their own autonomous vehicle that was approved in Europe and now is hitting the U.S. only in California,

Nevada. There's obviously a bunch of a bunch of caveats and we can talk. Give us some. Well, can I drive at night? No. Can I drive faster than 40 miles per hour? No. Oh. It's mostly for, but the thing is, it is, it's different from Tesla's full drive, full self drive in a lot of ways, where Tesla's full stuff drive, you're still keeping your eyes on the road and responsible for, uh, you know, taking over in any kind of, you're supposed to be always at the ready to take over. You're supposed to be, but people absolutely fucking don't. I mean, they, like, you can buy things online where, uh, it'll basic, because I think you need to put your hand on the wheel every so often and people will put their, you can buy things that you can

put onto the wheel that will make it. Jesus Christ, put your fucking hand on the wheel. So, um, but this is different. So that is, uh, that's level two. Yes, that's level two. And they've, Mercedes has reached level three. Uh, this is, this is from the verge. And, and a big part of this is, um, legal liability. Crucially, Mercedes takes full legal liability when drive pilot is activated, though it will depend on each individual case. That is a major step forward for autonomous tech as level two systems still hold the driver responsible for anything that happens. As long as the user operates drive pilot as

designed, Mercedes is the one responsible. This is, this system has been available to customers for more than a year in Germany and Mercedes says they have been, there have been zero accidents so far. Yeah, basically there are five levels of autonomous driving and currently the only publicly available one in the United States is Mercedes with level three. Level four is where Waymo is doing, Waymo was basically like, we're skipping level three. They went from level two to level 4 which they're trying to be they're like there's no need for a yeah for a human takeover where it can drive in most conditions but not like for example all weather conditions or special situations where roads are closed or there's detours and shit like that that would be level 5 where a human is never

ever expected to take over but yeah so like you said this mercedes one it's basically designed for for like sitting and chilling in traffic so you can crank one off in traffic or blast a cigarette. I don't know if it's cranking one. No, you can crank one off. You can read books. Yeah, you can do anything

while you're cranking one off. Not really. I mean, I can't. You can put up privacy shades and absolutely just rub one out in traffic. You've done it while driving. Didn't you say that you jerked off while driving ones?

You know, that's where he's got one up on me, folks, because I have never done that. I don't know what he's talking about, but I'll tell them in the bonus whether or not I did. Okay. I had sex while driving one, so I guess I win there,

which was incredibly irresponsible and stupid. But also fucking awesome. Well, yeah. Okay, wait, so should we? Well,

but so the Mercedes thing is cool though. It's a, and apparently if you see, you'll see these like teal lights will come on if you are driving behind one or in front of one. It'll basically alert people around it, and especially emergency responders who don't want to know. That's one of the issues that I take with Tesla is that their marketing of it, just their name, full self-driving, implies to people.

It's so misleading. Yeah, it's so incredibly. That's why there's been so many accidents is people just, they don't, I mean, I don't know how much, how much disclaimers and shit like that Tesla requires people to look at and read before they. they, uh, sign up for it. But yeah, it's, it's very much not as the name implies. It is not full self-driving. Also, to be clear, this is like, as we've been joking, pretty far too. You know, like the verge says it's, there are a lot of things for it to be necessary for the system to work. The view, there must be a vehicle in front of your car. Reasonable road conditions with readable markings and lines. Clear weather and light conditions. Uh, dry pilot can't be used at night or in the

rain. The headlights and wipers must be set to auto for it to work. It's only available. on freeways that have been mapped by Mercedes with GPS positioning that is precise to the centimeter and even accounts for continental drift. God, damn, I know. For continental drift? Those Germans, man. Truly. Is there anything they can't do? Yeah, win World War II, am I right? Or be crazy. Or the first one. Can't be used in construction zones, in addition to detecting vehicles and signs. So, I mean, you get it. We're not quite at, uh, yeah, we're not quite at self-driving. cars here, but it's better than Tesla, I guess.

Yeah. Well, uh, let's shift gears, man. Can you do it? Pop that clutch. Let's go. Gentle. Man, you got to take your foot off the guy. Okay. Wow. You shifted gears. What are we in a tractor? Holy shit. That word. This is the John Deere episode. Ah, geez, man. John Deer, that's another one that's publicly traded. I can't remember their, um, ticker symbol. John Deere John. Dear John. Dear John. I have a piece of street art. John Deere. I have a piece of street art in my, in my, there's a famous,

semi-famous Los Angeles street artists who puts the, yeah, Kook, puts the signs around. And I bought one from him and he was like, hey, the Gert, because one of the O's is green. Hey, the Gert. He said the, oh, is from an old John Deere tractor. Cool. That's kind of cool.

That is cool. Anyway, true. It's not worth anything. Mark Zucker corn made the whole market take a big, fat, wet shit last week. Just made everybody go, oh my tummy oh no my tummy hurts and then and then it was too late and everybody shit their pants just by being hot i made it to the toilet in time but not everybody not me

yeah you shit your pants yep yeah it was and the problem was wasn't wearing any you weren't wearing any pants i kind of shit the couch oh no yeah oh man thanks a lot hot duck uh yeah sexy mark zuckerberg caused it's really funny because just if like a year ago they had the biggest increase in market cap, in market value in a single day. And then they also just had the biggest decrease, $200 billion. And why is that? Because basically on the conference, so earnings are one thing, because their earnings themselves were not that lackluster. It wasn't enough to justify the nearly 20% sell-off that they had. But it was the conference call. The conference call is where you get analysts asking questions, you get Mark Zuckerhorn saying shit.

Being hot. Being hot and sexy. And he had warned on the conference call that they're in the middle of a new investment cycle, that they are pumping $40 billion a year into, I believe it was $40 billion. Yeah, yeah. He warned that AI is a multi-year investment cycle that's going to take several years and that the stock is usually volatile during this stage of product rollouts. He said that they're going to be shoveling billions of dollars more into this stuff

before they see any meaningful revenue from it. So that scared the shit out of everybody because it reminds them of the days when they switched to meta and they were going all in on the metaverse. Which has panned out beautifully. He did, yeah, the fucking flop of flops. He said that smart investors know, and we've been here before, and he called out reels and stories as proof of that because those were once new things. He's like, you guys have seen that we can successfully steal other people's

features and make money off of them. But reels and stories didn't cost fucking $40 billion a year, my man. Like the things that you guys do well is stuff that people actively would use on a daily basis. And crucially, another big difference between, or another big thing for them is that these other companies have the cloud to help monetize their AI ambitions. Google, Microsoft, Amazon, whereas meta only has advertising. And shrimp Jesus. And fucking shrimp Jesus. So he did hint that they could start to charge outside entities for their compute

capabilities. So that's potentially a thing. Maybe they're getting into their own cloud. I don't know why they haven't gotten into their own cloud thing. But with the amount of chips and shit that they're buying, maybe they will. And then have you noticed on Instagram when you go to the search function? The AI? Yeah.

Have you tried it at all? No. Because it's fucking stupid, right? Why would I need that? Yeah. Have you seen the... I'm just trying to search big butts, my guy. What do I need AI for that?

And it gives you, did you see it gives you, like, suggested prompts? No. You probably just even ignore it. Yeah, I was pissed as soon as I saw it. I see it in it. There was one of the suggested prompts said... And you can't turn it off. No, you can't.

and there's like three rows of them that just one of them said uh show me a fireplace why i clicked it and i was like okay show me a fireplace and it showed me a picture of a fucking fireplace and i'm like cool that's not what i come to instagram i don't i don't know why are you coming to instagram so the big kill time and then it says because i'm addicted and then it said animate it gives you the option of animating the fucking fireplace and i was like i don't give it i don't did you you got to animate it though i didn't and i didn't and i didn't I think I did, but it took too long, and then I left. The problem is he's just a huge dork.

Who? Him, Mark Zucker? Yeah, his worldview is like, well, everyone's going to think that's cool. It's like literally no one does. It's going to be really cool. Yeah. Yeah, it's not. Then another, another, I pulled it up again and I tried it again.

And one of the suggested prompts, again, this is a brand new tool, meta AI that they're rolling out with. One of their suggested prompts for me as a new user to like check it out was, describe how to make a U-turn on Instagram? Yeah, so I clicked it and it gave me a fucking long mini article on how to execute a U-turn. But was it like a chat bot basically? Yeah, it's all of the above. It creates, it's kind of its own chat gpte, I guess.

For what? Make it a separate app. If people want to use it, what the fuck? Yeah, I know. Calm down, dude. What are you getting so mad? I mean, I am getting the AI integration into things is just like, We all know you hate integration.

So you want to keep them separate. Separate but equal. AI and things that work perfectly fine. Yeah. Yeah. What do you think Mark Zuckerberg's favorite movie is? That's going to be, it's pretty revealing. I feel he's like, the Matrix.

No, I bet you it's like Zootopia. He's like, that's pretty interesting. I feel he's a fucking. Well, because the animals can talk, whereas in our universe, they cannot. Maybe we could make the metaverse look kind of like Paw Patrol. Well, so the thing is, they've rolled out apparently tens of millions of people have access to it and have tried it, but they currently don't make any revenue off of those interactions. And he said that he did rightfully point out that they've got to track, a good track record of monetizing things once they've achieved the proper scale.

So I think that they're just... Oh, good. I can't wait until they add ads to the fucking chat GPT. Oh, yeah, no kidding. But, I mean, that's what the stock market would love. That's what investors would love is seeing that shit. Oh, great. The thing I didn't want now is ads. Hey, you want to make a fireplace?

Ask, go ahead. I could do anything. I could describe you how to make a U-turn. I could make a picture of a fireplace. Sponsored by Home Depot. Sponsored by Home Depot. Are you trying to make a fireplace at home this year? I noticed that you wanted me to make a picture of a fireplace.

Well, no, I didn't. Well, anyway, here's an ad for Home Depot. play the um oh geez what this the bill gates uh oh no oh yeah no no fuck that because yeah everybody look if you saw mark zuckerberg with a beard it was fake the beard was fake yeah i did that a nice little filter um i will say though he did look good as hell he still looks good and he's got whoever's his PR team they're fucking crushing it man because he's just he's he's been transformed got a team where they were like, just be normal. And it's, I actually don't think so.

I think that he just, um, continued to be himself and shamelessly pursued whatever hobbies and stuff, uh, he wanted to. Which like a normal person should do. Yeah. Especially when he's got all the money in the world. It's like, you want to do some jiu-jitsu? Sure, go for it. Yeah. You want to ride a surfboard with an American flag on it in Hawaii.

That's kind of cool, I guess. He made, he made being a dork cool and, and, um, but he doesn't even seem dorky anymore. He's also, he just seems kind of. and normie and like, uh, that's the thing. He's like made the brave decision to just be like normal. Yeah. Uh, and normal looking. Like Jeff Bezos looks insane. Him and his wife. Well, he's also like 30 years older than him, but sure. I mean, Elon Musk can't be that much older than him. And I mean, every time you see a picture of that guy with a shirt off, you're like, did he swallow a barrel? What the fuck happened? It looks that he swallowed another guy.

He does. He's a little guy or a barrel. The men and black guy that's pulled a buck. It's like, oh geez he also looks like uh what's his name from from dune harkinen oh yeah baron harkinen um and a strangely bald he just has no body here oh yeah my man very smooth and so pale even i got some oh so pale pale is the pale is the day is long so yeah uh that that kind of shit's pretty fun and he's he is wearing a chain like so he's kind of rised out or whatever they call it Yeah, he's taking a... He's taking a W, I guess. Taking a note from the Italian-American community, putting a chain on.

Oh, I never notice that you wear a chain. Yeah, you got it. What is with that? Does it connect you to God? No, you're just like born with it when you're getting from New Jersey. I can't get it off. It connects you to tomato sauce somehow. Damn, that's pretty cool, man.

I can't wear that because my skin is too sensitive. What do you mean? Metal touching my skin, I get a rash. Yeah, it continues to be the most interesting person I know. Sucks ass, dude. Metal touching your skin? Yeah, it's a common thing. People get an adverse reaction to like...

To gold? I don't know. I feel like that happens when you wear like bad... Cheap shit? Yeah. Yeah, maybe. I don't know. One hundred by a nice change.

I don't know. I want to change the subject now. I can take you to it. When we're in New York, I'll get you fitted out. Yeah, okay. That'd be cool. Thank you. Thank you, Daddy.

Okay, last couple things. The New York Stock Exchange is testing. round-the-clock trading, 24-7 trading. It's going to happen. It'll be within the next year, I bet, that they make it around the clock. You'll be able to gamble wherever you want soon enough. I mean, this would be good and bad for me

because I have definitely bought options. Because options, you can't, as soon as the market closes, whatever options positions you've got, you've got to wait till the next day to sell them. And if you've got options and a company has just reported earnings, I can't tell you how many times the stock's up after hours

and I'm like, fuck yeah, my options are going to be great tomorrow. But then by the time it opens, it's now tanked and they're worthless. Where I'm like, God, if I was only able to sell after hours, I'd be able to, I mean, the companies that, the market-making company, the citadels of the world are going to absolutely embrace this because they're going to make twice as much money. You can leave your 24-hour stock

broker job, go straight to Dave and Busters with your kid. Oh, man. Keep the party going. Keep the party going. Ben on your shitty kid. I wonder how many, God, there's so many relationships that are just going to be broken from the Dave and Busters thing. Do you think so? I don't know, man. I hope not.

I pray to God, no. I hope that they become stronger, actually, and that everybody wins. But like... Because, I mean... How are you going to bet? I don't think that many people are like, God, if they allowed gambling here, I'd be thrown down thousands. Yeah. I don't know, man.

I know some guys who are pretty, well, they were, I mean, they were betting like $500 on a billiards game, pool games, though. Yeah, those guys were really rich, though. That's true. They were. That was like, that money to them is like nothing. Yeah. It's like $500 to me.

To me, it's actually, exactly. To me, it's $500. It's exactly $500. For them, it's like probably $50. Probably $50, yeah. You remember hearing the thing about Bill Gates that he's so rich, it wouldn't even be like worth it for him to bend over and pick up a hundred dollars it would like cost it i remember there was all this lore around him oh like the energy he expends from just

it would actually cost him money to bend over to pick up he's so rich that like it would actually be more efficient for him to burn it well he thinks i think we'll leave the people with this right yeah this is my problem this is like with all this like AI integration into everything. It's just all so ridiculous. Play it. And then we can talk about it. I will play a role in climate action.

Well, absolutely, because she's got an accent. She got cut off. Is she Scottish? I don't know. Do you think AI will play? She said Fink. Did think? No, she said Fink.

Do you think AI will play a role in climate action? Well, absolutely, because our ability to model complex phenomena, the AI's are helped. I got to point out. the fact that these mics are just like ambient room mics and they're just sitting there, that's fucking wild. I don't think it sounds like, I don't think it sounds that good. Oh, okay.

I noticed it too. I was like, oh, cool. They're just started over. Well, why not? Jesus Christ. Okay. Sorry, everybody. But listen to think AI will play a role in climate action?

Well, absolutely, because our ability to model complex phenomena, the AIs are helping a lot with that. So, for example, looking at the genetics of cows and saying, hey, some cows emit a lot of methane and some emit very very little and some cows survive in hot weather very well and some do not and then along with our ability to edit genes one of the most dramatic source of emissions that at one time i and wasn't sure the path forward now we can see either making the cows better or various techniques where they they create meat without the cow. Do you think AI? So he's talking about making the cows better. The AI is going to help make

cows that emit less method. Yeah, less farty. Less farty cows. Give them some gas X that usually works for me. It's also funny with all these things. It's always I don't know. It's never the obvious thing. It's always like

we got to make cows that fart less. What would be the obvious thing for you? Eating less meat. meat, you know, changing practices in factory farming and all this shit. But instead, it's just like there's, no one can be made even like the slightest bit uncomfortable. We have to be perfectly like air conditioned all the way into our boiling death. It's like... Air conditioning rocks, though. You got to hand it to air conditioning.

And like, again, all of these things, but no one will just build a fucking train. We got to make it So cows don't fart, and, like, AI will help us recode their genes, but you can't just lay a fucking track. Fucking hey, brother. I mean, I feel fucking crazy. Yeah. Yeah, I'm eating less beef these days. I mean, chickens don't fart.

Chicken farts are eggs, man. Eat all the beef you want. No, I don't want to eat that much. God damn genes. No, I want to eat the chickens. We're just going to make cows that don't fart. I think that instead of fartless cows, we're going to make our way to just like...

They're going to make fartless cows, and they're going to find out that they give us all cancer or something. Probably. I was going to guess that they make... They grow... It's like lab-grown meat where they just don't have a heart or a brain. It's just an abomination.

They should call... That's what they should call the meat company, too. Abomination meat. Like liquid death. Like how liquid death has water with their whole extreme thing. liquid death and it's kind of tongue and cheek, they should do that with lab grown meat and call it abomination meat. But spelled like Obama. Obama? No, because then, no. Also, God, I know that Bill Gates

is a creep and shit, I think. I really have no idea because I don't. He was getting down on the freaking Lelbyde Express. Express. The Epstein Impress? I screwed up. Okay, I fucked up. God. Oh, and this is how I Epstein Impress. But, but, but, but, just looking back at how Elon Musk was like, oh, you're betting against Tesla. Therefore, you think that I'm like, right, therefore like you want me to fail and climate change to. God, what a fucking cock. What a stupid ass. These people are just stupid idiots.

You know who got it right, having tons of money? Fucking Tom from MySpace or whatever. Why would you have to? He just fucked off. Oh, I mean, yeah. Any, there's, there probably are. plenty of people who just fuck off and shut the fuck up. You know who the real winners are?

The guys who are, the people who are worth, I don't know, from 500 million to like maybe a billion dollars. They are just the secret wealthy people who nobody knows about. You don't know who they're fucking named. Like the people who are number 800 on the wealthiest American test. They're just chilling there. They're just like, I don't have to do a fucking thing. Even if you have billions and you can shut the fuck up, you're doing great.

But like a lot of them just can't. I mean, literally every time I see J.K. Rowling trending on Twitter or something, I'm just like, just say nothing. Yeah, just put your phone down. Just, why do you even have a phone? I wouldn't have a phone. I would just... I'd have a flip phone. I mean, I can't imagine

being like, I've actually got something to say about trans stuff. Yeah. I would... Inaccessible. I'd be, um, I don't know, I'd just be doing cool shit all the time. Just, I'd be... Imagine the coolest thing I could be doing. I'm doing it. surfboard with an American flag?

No, I wouldn't do that with a flag. Dylan, what do you think is a cool thing? I'd be doing. Get a blimp and just ride around L.A. Yeah. You kind of live up there. There's a loud speaker. There's the rich guy who lives in the blimp.

That's a great idea. Living in a blimp. And I would have a... Living in a blimp. Oh, man. And I'd like make a song up there and I'd blast it. Yeah. Oh, God.

He wrote a fucking song. He's got a new idea. Hello. down there. L.A. relocates somewhere in the desert, so they... The entire city of L.A. relocates? Yeah, because they can't get away from the... Yeah, but guess what? It's a fucking a blimp.

I could fly out there. Oh, no, he followed us here. Yeah. Hey, where'd you guys go? I was flying around L.A. I noticed it's pretty empty. It's pretty cool. You guys moved out here.

How are you going to get food? I guess little shit is a smaller blimp situation. I'll crash it whenever I need food and then buy another. A real Hindenburg situation. Yeah, you get those Amazon drones up there. I would threaten everybody. I'd be like, if you guys do it again, I'll fill this thing with fucking hydrogen.

I swear God. I was like, fucking do it. Okay, fine. Fine. I will. Living in a blimp. Living in a blimp. Because I got too much money.

I would say living in a blink, living in a blimp like a motherfucking pimp. Living in a blimp like a motherfucking pimp. Okay, that's a good spot to end it. Let's see. What are we going into for the bonus episode, guys? I'm going to take, I'm going to drink some prime. Are you really?

Yeah, because I. I ran out of Diet Coke. I don't know if you should do that. We got, did you hear Kendrick Lamar released a new track today? Yep, I'm Kendrick Lamar. Did he really? Yeah, he did. Is it a diss on Drake?

It's probably a dis. That's all they're doing. You know what song I really like it? Actually, I'll tell you in the bonus. Yeah, tell them in the bonus. I'm going to open the bonus with it. We got some India-Pakistan shit. We got, uh...

The Laker girls. I don't know. We got all the Laker girls. Bring in the Laker girls. We got the Laker girls. Got the Laker girls, man. Hell yeah, dude. I got a story about the Laker Girls

is saying the bonus. Really? Yeah, I do. Benademielshow.com. Benadermilshow.com. Thatcom.