The Joe Rogan Experience - #929 - Dan Peña
Episode Date: March 10, 2017Dan Peña is a businessman and high-performance business coach. ...
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Really? California. I don't even know where Eureka, California is. It's about 200 miles north of San Francisco.
Oh. In the middle of weed country. The whole state's weed country now.
Well, I'm going to look at a weed deal. Can I just tell you that you are impeccably dressed in a very unique and original way.
Thank you. I mean, you're dressed really well, but I've never seen a guy dressed as well as you with such unusual colors and the tie and the shirt.
My wife dresses me. Does she?
Yeah. She's trying to keep you from getting laid.
That's what it is. Well, Sally,
did you hear that? She's making you
just look real flamboyant where people
just don't know what to think. Yeah.
I like the whole thing. The scarf you got in the pocket.
Yeah, this is how I dress, though.
Can you pull this right up to you? Sorry, these things are very
directional.
This is how I dress. All the time? Yeah. up to you sorry these things are very directional um this is how i dress all the time yeah i get it well i mean at the house i uh boxer shorts and a t-shirt that's it yeah in the house and then outside outside i'm normally
dressed like this or in my uniform my three-piece suit yesterday i gave a talk in beverly hills to
some kids and i was in my three-piece suit what do you give a a talk in Beverly Hills to some kids, and I was in my three-piece suit.
What did you give a talk about?
One of my mentees is a guy named Jason Capital,
who is the, he doesn't say it this way,
but he is the preeminent expert how to get laid,
and he's got not quite as many followers as you do,
but a million or a million and a half.
Really?
And it's just teaching people how to get laid?
No, no, no.
He doesn't build self-esteem.
Oh.
But I mean, but at the end of the day,
all these little weenies want to get laid.
So he teaches them how to not be a little weenie anymore.
Correct.
How to man up or something.
Yeah, and so he asked me if I'd talk to his,
he's got different programs, you know,
they sell, upsell, upsell, upsell.
Right.
His premier group, I talked to to yesterday says about 60, 70 guys
who obviously must pay the most money to a monthly.
Yeah.
But he's got 40,000 people that pay him between 80 bucks and 3,000 a month.
What?
Yeah.
That's insane.
Fucking right, I know.
And he's just teaching them how to be a man?
Crap.
Well, how did he learn how to be a man?
How did I?
How did he?
Oh, his dad beat the fuck
out of him just like my dad beat me oh well that's what we need more and jason capital is not is not
not his name he's got a uh a polish name he's from detroit oh but that's a big secret that name but
but he's jason capital and he's good looking he's a really good looking guy well that helps if you
want to get laid yeah but then if you want to teach people how to get laid, that helps. Yeah. But you can't really teach that though. Like you can't teach
being a good looking guy. Yeah. Well, no, but I told the kids, um, when I was their age, I got,
and I was single and pre-AIDS, I got more ass than a toilet seat at a bus station.
That's a lot. Yeah. But I did. And last night, I had dinner with a buddy of mine who, unfortunately, he's got Agent Orange now.
He's got Agent Orange?
Yeah, he's a war hero, a Marine war hero from Vietnam.
And he was one of the guys that I used to run around with.
And I brought back some of the memories.
And his daughter's going, you mean you were a slut dad?
Whoa.
Shouldn't talk like that in front of the young lady.
Yeah, and then I was sorry I brought up the subject.
Yeah, you can't do that in front of certain gals, especially
today. Yeah. Manhorn's not
appreciated anymore. No.
No, no. So this guy's,
I can't believe people are paying $3,000
a month. What could he possibly be giving him
for $3,000 a month? Well,
content of some sort. I've never looked
at it, so I can't really tell you.
Content. Yeah. I mean, content's the name of the game.
Jamie, I need a mug, buddy.
Oh, sure.
Sorry.
Content is the name of the game, but $3,000 seems like you'd have to come to your house
and give you back rubs.
I mean, that's a lot of fucking money, man.
That's like a mortgage.
That's crazy.
$3,000 a month.
$80 a month, I can understand.
Well, even that's a lot.
What has he given you?
I mean, Netflix is $9.
You can watch documentaries till your ears bleed.
You know?
Yeah, I've only turned my Netflix on a couple times.
It's interesting.
But yeah, so I was there, gave a talk.
It ran over.
I talked two and a half hours.
And then I went out to Valencia to see my buddy, the Marine guy, for dinner.
And it took three and a half hours to get to Valencia from Beverly Hills.
Yeah, it's a ridiculous piece of traffic we have out here.
Yeah.
A set of, a scene of traffic.
It's pretty, it's way worse than it was when I first moved here in 94.
And I got to wonder what it's going to be like 20 years from now.
It's going to be insane.
It's going to be.
Well, then hopefully they'll have hover cars that dodge each other. Well, we were talking about that
yesterday. We watched some clips
from Blade Runner. That movie Blade Runner.
That was supposed to be 2019.
That's only supposed to be two years
from now. Isn't that crazy? I didn't realize that.
Harrison Ford.
Yeah, yeah, yeah. Daryl Hannah.
Rutger Hauer.
Great movie. One of my favorite all-time sci-fi movies.
But hard to believe that that was supposed to be just a couple years from now.
Like people really overestimated the amount of technology we'd have by then.
Well, I mean, they overestimated that, but in some things they underestimated.
Like the Internet.
Correct.
I mean, when I first said 30 years ago the two things to get involved in were healthcare and telecommunications, which morphed into the internet.
I had no idea what the internet was going to be.
People measure returns on their investment and return on the minute, not return on the hour or the month or return on capital.
Because things can change in a few seconds.
Well, how do you feel about that? I'm sorry to interrupt you, but how do you feel about that?
Of a guy that's been an investor for as long as you've been, what do you, how do you feel about
this new thing where they're using computers and algorithms to buy and trade? Like literally they,
at the speed of sound, they're just click, click, click, going back and forth, depending on the
trends. And they're, they're paying money to get a server that's as close as possible to the exchange.
So they're literally buying and selling in milliseconds.
They're a millionth of a second ahead of everybody else because they're closer to the exchange.
I came up the old way.
I appreciate the progress, but I don't like it because most people don't understand it.
progress, but I don't like it because most people don't understand it. And like I was tweeting this morning, gold's down, oil broke $48 a barrel or $49 a barrel. And how has your 401k improved?
What are your gurus telling you to do now? The market's up, depending on how you want to measure,
20, 25% since Trump got elected on the 8th of November, and hardly
anybody's benefited. The guys that have benefited are the guys that drive the indices. He's created
$3 trillion in market cap on just the New York Stock Exchange, but most people haven't benefited
because 70 to 90%, depending on how you want to count or calculate, of that money is big money.
count or calculate of that money is big money. Rockefeller, Pena, Trump, etc. And so the average guy, the average Joe, didn't benefit. I ask anybody listening, check your 401k or your pension plan.
Tell me how much it's up since November 8th. Most people say nothing. So part of that is just what
you're alluding to, the algorithms,
because it's the fast big money that's making all the big money.
Although hedge funds have fallen out of favor the last couple of years
because their returns haven't been the same as even the indices.
So how do you feel about the things that Trump is doing right now
and the way he's bringing on all these guys that have worked for
these major corporations like exxon he's they're doing that whole thing that he announced the other
day of creating 45 000 jobs in the gulf coast and like if you look at it um there was a thing
on the new york times today i think that was talking about maybe it was time magazine was
talking about he's created 239 000 jobs since he's's been in office, which is, what is it, a couple of months?
Yeah.
Not that long.
So are you, from a business standpoint, forget about like socially, but from a business standpoint.
Well, let me make a disclaimer first.
I know Trump.
Okay.
And I knew him from that late 80s and the early 90s because one of my partners and one of my mentors was Governor Hugh Carey, the former governor of New York.
partners and one of my mentors was Governor Hugh Carey, the former governor of New York.
So because of his New York relationship, and also one of my ex-business partners was Mayor Wagner,
the former mayor of New York. So I knew Trump then. But I haven't talked to him in over 20 years.
But getting back to your original question, I believe that there's a reason why he's meeting with all the CEOs of all these major industries,
because nobody else has ever done it. I believe and as I endorsed him, I was one of the early
endorsers of Trump. And I said that if he's serious, and he'll win. He knows how to win.
He doesn't know how to lose. If he's serious, he's going to rock the fucking planet,
knows how to win, he doesn't know how to lose. If he's serious, he's going to rock the fucking planet. Not just the US, but the world. And the financial models are changing in Europe,
not just because of Brexit. The financial models are changing in Russia. The financial models are
changing in China because they've got a guy, I got an alpha male in office that is surrounding
himself with alpha males. It's no coincidence that 60% of his
staff are ex-military. I mean, the press secretary is a goddamn lieutenant commander of the Navy,
not counting all the four-star generals that he's got. So I don't agree with everything he says.
I don't agree with everything he tweets. I wouldn't tweet as much as he does, but I do agree
that the country needed change, financial change, and he's going to bring it
now whether he gets elected a second term or not
I don't know, but I do believe
and I've said, Joe, that this is
November the 8th was the beginning of the greatest
transformation of wealth
the planet has ever fucking seen since World War II
How so?
Well, I mean, just look, $3 trillion
so far in stock market
I believe it's going to be $100 trillion he's going to add to the market before he leaves office.
Please explain to a dummy like me.
How does that work?
You're not a dummy, but anyway.
How does that happen?
Okay.
Caterpillar, even though they got in some trouble for taxes, they got raided here a couple days ago.
Caterpillar, what is that?
Caterpillar, they make tractors.
Right.
Okay.
The infrastructure is shot in this country.
The bridges are all 40, 50, 60 years past their prime.
Okay.
I didn't know a bridge could go past its prime.
The roads are 50, 60, 70 years past their prime.
The infrastructure for pipelines are past their prime.
So he's going to rebuild all this.
He's going to spend supposedly $3 trillion, which is not a coincidence because
he added $3 trillion to the stock market. But he's going to add infrastructure. So all the
stocks like Caterpillar, AT&T, Boeing, et cetera, have gone up 15%, 20%, 25%, 30% since he got
elected because the big money, the smart money, knows that those companies are going to get all the contracts.
The real no-brainer is aerospace.
Aerospace.
Not just because he cut the cost of Air Force One down 700 million or whatever he did,
but because he's going to bring the United States military back to what it was under Reagan 30 years ago.
And being a vet myself, I believe a strong country—
I think we get involved in too much shit outside the country. Okay. But I mean, a strong country, then nobody's going to, you know,
screw with us. He's going to bring back jobs. I believe he will build a wall. And my mother
and grandmother swam across the Rio Grande River as illegal aliens in 1924, 25. My mother,
God rest her soul, we were just out to the cemetery
a couple days ago,
wasn't a naturalized citizen
until she was in her early 30s.
But I
figured out a way to pay for the wall.
Yours is the first show I'm going to say it on.
Okay.
They arrested Guzman, the great
drug trafficker.
They also confiscated $39 billion from him.
Did they really?
He had $39 billion?
Whoa.
Okay.
39.
It's better than that podcast.
I mean.
Yeah.
Okay.
That's pretty good.
So why not pay for the wall with his money?
Yeah, that's probably a good idea.
Yeah.
But do you think that a wall is feasible and it's a good idea to have this big fucking-
I know it's feasible, but I'm a guy that I would rather pull the trigger and see if it works than not do anything.
The biggest difference between most of the kids that are out there trying to be successful like yourself and some of the other people you've interviewed here is they spreadsheet it to death.
They read books.
They listen to podcasts.
And they never do a fucking thing.
Okay?
spreadsheet it to death they read books they listen to podcasts and they never do a fucking thing okay i've had kids come to my seminar that i've read 700 books on personal development
yeah i didn't know there was 700 books on personal development okay but they've never
pulled the trigger paralysis by analysis correct yes sir yeah that can definitely happen yeah that
can definitely happen and and the uh like the kids, they'd all read books and I don't even know what the,
the charm books are.
I,
I have no idea.
There's actually a program called the art of charm,
which is the same thing,
how to get laid.
That's not what they call it,
but it's a deal.
It is exactly what it is,
right?
Yeah.
Well,
that's what I've looked at it and I've actually been interviewed on the,
on the kid's show.
That seems to me like saying something like,
uh,
how to get famous instead of like, just get really good at something and you saying something like, how to get famous. Instead of like,
just get really good at something
and you get famous.
Like how to get laid.
Well, just be an excellent person
and people want to fuck you.
Yeah.
That's what I think.
Yeah.
Well, I mean,
I proved that for a lot of years.
Did you?
Yeah, I did.
You rascal, look at you.
But I mean,
pre-AIDS.
Pre-AIDS.
Yeah, that's when you slowed down?
Well, no, I got married.
Take it down a notch?
I got married. I got married. Yeah, that's when you slowed down. Well, no, I got married. Take it down a notch. I got married.
I got married.
Yeah, everybody was scared.
People don't know today.
Kids aren't scared of AIDS anymore.
But back in the 80s, when Magic Johnson got AIDS, I'll never forget where I was in my car,
when he got HIV, rather, when they announced it on the radio.
I was driving in my car.
I was like, oh, my God.
It was like a scene in a zombie movie where you thought this was the beginning.
This was the first one.
And then eventually it was going to spread across the entire country and everyone you knew was going
to be dead yeah we were really worried yeah we were really worried were you single then oh yeah
yeah yeah yeah well i think i was 20 were you a stand-up comic then yeah yeah just it was 21 i
think because i know just started doing my research um the one of the things i saw was when i don't
know if you were a teenager when you were in a competition and
you knocked a guy cold in the first
10 seconds or 2 minutes or 1 minute
it's on the internet
competition you were in. I think you were still a teenager
maybe. Probably. Yeah.
Taekwondo tournament. Yeah. I fought a lot of that
stuff. Yeah.
But I mean you
practice a lot to get good. Oh yeah.
Yeah you have to. It just doesn't happen. Oh, yeah. Yeah, you have to.
It just doesn't happen.
Well, you don't.
Yeah, you have to actually do it, too.
It's exactly what you're talking about.
You can read theory all you want.
But until you get.
Theory is one thing and thoughts are another thing.
But actions are critical.
You have to think about what happened during the actions and be prepared to fail.
Dalai Lama at his 80th birthday, which I was not invited to.
Maybe you were.
You weren't invited? No, no, no. The Dalai Lama at his 80th birthday, which I was not invited to. Maybe you were. You weren't invited?
No, no, no.
The Dalai, he made a little speech
and at the end of the speech,
he's got a sentence.
Meditation is great.
Prayer is great.
A couple of other things are great,
but the best thing is taking action,
action, action.
Yeah.
Okay.
And so, and this is what I teach
and the, is to take action.
And I've had a lot, a lot of success, but I've had a lot of failures.
But nobody's interested in my failures.
They're only interested in the times I've got it across the goal line.
Well, Tom Segura is a huge fan of yours, and that's how I found out about you.
He's a good kid.
He thinks you're hilarious.
He thinks your ruthless approach to coaching people
and advice.
It's pretty fucking funny.
Yeah, I mean,
when I had lunch
with him a few days ago,
I think I told you
on the phone,
I was expecting
he and his wife
to be keeping me
rolling in the aisles.
They were straight.
They were like preachers.
Look how they dressed.
They dressed in a suit.
Yeah, yeah.
They were like preachers.
Look at him.
He looks like Preacher Man.
He does.
He looks like he easily could be some sort of a pastor with his beautiful tie.
Look how slim he is, too, now.
Tom Segura kept the weight off.
Amazing.
That's great.
He's lost like 60 pounds or something crazy like that.
Yeah, yeah.
I'll be damned.
Yeah.
He had a competition with his friend, Burt Kreischer, and they did it over two days on
the show.
They weighed in twice in a row, and Tom won the weigh-in both days.
Yeah.
It was a big deal. It was a big deal.
It was a big deal for him.
I really think he lost more than 50 pounds, which is pretty impressive.
Well, a few years ago, 10, 12 years ago, I decided at 60 that I was going to become a power lifter.
Really?
I don't know what possessed me.
So I gained 65 pounds.
I took human growth hormones.
I did the whole nine yards.
I got up to 280.
Jesus Christ.
Then I was trying to get up to 300,
but I couldn't get up to 300 pounds.
I tried like hell.
I ate everything.
I'd eat everything on this table.
Madeline didn't care.
Then I realized I also don't have the right bone structure. I decided that there were certain things I could only do so much weight.
So I was doing bench presses with my son.
At that time, he was 28.
And we were doing sets.
And I heard this rip in my bicep.
But I kept working out.
But what I had done is I ripped my long head bicep.
And so one of the reasons they call me the bionic man,
because I just had two full knee replacements in the last couple months.
I've got an artificial hip.
I have artificial shoulders.
I have a titanium collarbone.
And I don't have any long head bicep.
And so, these are all.
What's a long head bicep?
You have three bicep muscles.
Right.
It's the one that makes the hump. Right. You don't have that one Right It's the one that makes the hump Right, you don't have that one?
It's the one across the top
No, I don't have that one
So yours just goes flat when you flex?
Yeah
But now my muscles go flat anyway
Because I don't work out like I used to
But you could have got that repaired
You chose not to
Oh, I know, I got it repaired
Not once, as they say in Texas
Not once, not twice
But three times
And I fucked him up all three times
How'd you fuck it up? You kept lifting? Yep You're an animal You're an animal Look at you, you maniac Too early At 60 not once, not twice, but three times. And I fucked him up all three times.
How'd you fuck it up?
You kept lifting?
Yep.
You're an animal. You're lifting too early.
Look at you, you maniac.
Too early.
At 60.
At 60.
Power lifting.
How quick was too early?
Two months.
Oh, Jesus.
Yeah.
Yeah, you can't do that.
Well, like in my knees, they told me to wait a year before I had the second knee done.
I waited 10 weeks.
They were right and I was wrong.
Yeah, I would imagine they would be right and you would be wrong.
Yeah, I guess.
So now when I get up from here, you'll see I get up gingerly.
So when they build you an artificial knee, do they chop off the top of your knee and screw it in place?
Yeah, they chop the top and the bottom, the femur, and then they put, it's like a joint like this,
and then it has these spikes that go into the bone marrow, and they cement them.
Oh, Jesus.
But what they didn't tell me is, see, your knee goes like this, moves both ways.
Well, my knees only go this way.
It goes up and down.
So I had to relearn how to put my socks on.
Because when you put your socks on, your leg swings over.
You can't swing your leg over.
No, no.
So there's no sideways movement.
Correct.
Oh, Jesus Christ. That seems like
it would be severely limiting, right?
Well, it is.
I don't think I'll be...
In martial arts, you say, we're going to roll.
I won't be rolling.
Now, did you have ligament damage
or meniscus damage? Yeah, I had
three surgeries on my right knee
for all of the above, and I had one surgery
on my left knee.
Why'd they decide to replace the entire knee?
Because I had no cartilage left.
I was bone on bone from running tens of thousands of miles.
I went to a biohack a couple years ago.
I didn't even know what that meant, biohacking.
Yeah.
And I went to the biohacking, and all the guys, and I met a guy I really liked.
Desina was there, a guy named Desina. And all these guy named decina and uh the um all these things i've been
doing since the 70s i ran 100 miles and and pissed blood which used to be the benchmark if you were a
man and a runner you run 100 miles and you piss blood that's that's makes you a man yeah because
yeah that's what that's that then it did only then can you breed yeah Yeah, exactly. And I've run marathons and I've run a lot, a lot of miles.
And my knees paid for it.
So I haven't really been able to run in 20 years.
Have you ever looked at stem cell therapy for it?
Yes, I have.
As a matter of fact, I'm going to Mexico in a couple of months.
I tried it 25 years ago when it first came out in Switzerland.
They're doing it here now.
You don't have to go to Mexico.
No, I didn't know they were doing it here.
Yeah, I'll talk to you after the show.
I'll send you.
There's a great place in Vegas that they're doing it.
But they've been able to regenerate meniscus tissue, cartilage, all sorts of things like that.
It's a slow process, but it can be done now.
Okay.
But it seems like yours is already replaced anyway.
Mine are always gone.
Now, can you play tennis?
Can you move around?
Can you go side to side?
I can go this way.
Straight?
I can move this way.
Oh, wow.
I can't move that way.
You couldn't tell while you were walking.
No, no.
I walk around.
You know, as Fernando Lamas, the great actor, said many years ago.
What?
Fernando Lamas.
I know he is.
Okay.
He says it's better to look good than feel good.
Well, I don't know if he's right.
He was married to Esther Williams. Yeah, I think he's wrong. I think he's definitely wrong. I think you're better off feeling good than feel good. Well, I don't know if he's right. He was married to Esther Williams.
Yeah, I think he's wrong.
I think he's definitely wrong.
I think you're better off feeling good than looking good.
Because if you look good and you feel like shit, you live in hell.
But if you look like shit but you feel fantastic, as long as no one's looking at you and you're not freaking out, what do you care?
Right?
Yeah.
I think he's wrong.
So your knee and your hips, did they saw the top of your hip off too?
Do the same thing?
Yeah, same thing.
Oh, Jesus.
So you've got the top of your femur and the bottom of your femur sawed off.
Both legs.
Jesus, Dan.
You kill a bear with a knife?
I slowed it down with a handgun and then I killed it with a knife.
What the hell?
What was going on?
The bear was trying to kill you? Well, let me just say, I killed it with a knife. What the hell? What was going on? Bear was trying to kill you?
Well, let me just say, I have three regrets in life.
It leads into this.
The segue will become obvious.
First regret is the day before my mom died,
I told her, you're not fucking sick.
You're not fucking sick.
You're not going to die.
She dies the next day.
Okay.
Second regret I have is the fact that
I'm a combat trained army officer who never saw combat.
OK. Never got any real trigger time. OK. The third regret is that I didn't set my goals high enough.
As successful as I am. OK. So because I try to get involved with mercenary things when I got out of the military about 10 years because I had done very well as far as business was concerned.
But I actually did a joint venture with the CIA.
It's all public record now.
And my statute of limitations passed, so I can't get in any trouble.
And that didn't work out, so I decided I'm going to do big game hunting.
I'll see if I can, you know.
So I started with rifles.
I know some guys do bows. I believe
you do. Uh, then I, that was too easy. Then I, uh, did a handgun, handgun, handgun, four, five,
four console used to be the biggest handgun made 25, 30 years ago. So I hunted handgun and you
gotta get pretty close handgun. How close do you get? Um, well, I've been as close as you
to what, to the charging buffalo.
Oh, Jesus Christ.
A buffalo was charging this close, and you shot it with a handgun?
Yeah, I got run over by him.
Oh.
Well, let's get back to the bear.
But the handgun, do you try to get inside at 20 yards?
Like, how close are you trying to get?
Oh, yeah, well, it depends how good a shot you are.
Right.
But, I mean, they're effective at 50 yards, but the accuracy is not so good at 50 yards.
But 20 yards is pretty good, 20 meters.
So we're chasing this bear down right on the borderline of Alaska and whatever the Canadian province is up there.
And I get within about 40, 50 yards of him.
And then he turns around because he says, why am I running?
And, you know, he asked himself, why am I running?
And he turns around and I hit him a couple times running? You know, he asked himself, why am I running? And he turns around
and I hit him a couple times
with a.454
and now he knows.
So then he runs again
and so I chase him some more.
And to make a long story short,
by the time I unloaded all five
because it only has five shells,
he's wounded.
He would have died
probably in an hour
or two hours
but he's still,
you know,
dangerous.
So then I jumped on him
and stabbed him 70, 80
times. Jesus Christ, Dan.
70 or 80 times?
I don't remember because the adrenaline's pumping
so hard. The
hunter guide said
my arm looked like a jackhammer.
It was going up and down so fast.
But I mean, I'm just jacked
up. Where are you stabbing him?
What part of his body? I stabbed him in the chest, around the head, the neck, in here.
I was trying to hit a main artery.
And is he trying to bite you while you're doing this?
Oh, yeah.
He's with the big claws, you know, but I'm staying under the claws, and he's losing coordination.
He could have got me, but he didn't.
He didn't.
Jesus Christ.
Is this a brown bear or a black bear?
Brown.
But the better story is the buffalo.
How do you get a better story than you maniacally homicidally stabbing a brown bear to death?
No, I went to Australia.
You saw the movie Crocodile Dundee.
Yes, I did.
Okay, well, there's a real Crocodile Dundee.
His name was Barry Lees.
So I went down there to hunt with him in Australia for 10 days, again with a handgun.
And I said, I want to get a big bull.
Like a water buffalo.
Yeah, exactly.
And he said, okay, well, we have to go into a certain part of Australia near Darwin up north.
And he said that I can't promise he's still going to be there, but there's a big pond
about four or five times as big as this room.
And he should be there in the late afternoon, scratching his back on the roots overhanging.
So we got there.
We hiked in four or five hours and he was there, just like he said he was going to be
there.
And he said that you don't want to just shoot him in the back.
No, I want him charging me.
So he says, OK, I'm going to... Wait a minute. You wanted him to charge you? Yeah. Why did you want him, you're not just, don't want to just shoot him in the back. No, I want, I want him charging me. So he says, okay.
Wait a minute.
You wanted him to charge you?
Yeah.
Why did you want that?
I never saw combat.
But why, why is that so important to you?
Like what is it?
It just is.
So just in your mind, you needed to be.
I'm not fulfilled.
You need to experience.
Wow.
Life and death.
Yep.
It had to be like life and death combat.
Correct.
If it wasn't with the enemy, it was with some charging beast.
Correct.
Wow.
Correct.
So he throws pebbles at him.
He spins around and he says he won't come out this way because it's too far for him to jump.
And he can't jump that high.
Just like magic, that goddamn bull jumped 15 feet in the fucking air, spun around and ran right at me.
So about where you are, as he ran over me and I fell back,
I shot once and I hit him through the chin,
went out his nose, but it missed his brain.
He put one hoof on my hip,
and that's why I had to get a hip eventually,
and one hoof on my left knee.
So arguably, that's why I have a left knee.
So I felt like a train hit me.
So he keeps running.
I get up.
I'm dusting myself off.
So I've shot one out of five bullets. So I say, well, I'm going to train hit me. So he keeps running. I get up. I'm dusting myself off. So I've shot one out of five bullets.
So I say, well, I'm going to kill this bastard.
So I'm chasing him in the jungle.
With a blown out knee and a blown out hip?
Correct.
I'm chasing him in the jungle.
And the guide, Barry Lees, is yelling, Dan, I can't hear him, though, because I'm all pumped up.
Dan, Dan, he's screaming at me.
So I get close to him.
I shoot a couple more times.
Then I shoot it a couple more times.
And then the bull gets tired.
He spins around just like in the movies
and decides to charge from about that wall.
And just as he got about to where that chair is,
I fire it again.
Click.
I'm empty.
Oh, no.
And he falls dead at my feet.
From the other times I hit him.
Jesus Christ.
And so, but what Barry Lee's was yelling at me,
he says, you're fucking empty!
You're fucking empty!
He was telling me I had no more bullets left.
Wow.
But I couldn't hear that.
Now, when you get in a contest martial arts,
do you go into automatic?
Yeah.
Yeah, you have to.
You really, you think very little while you're in there.
You're supposed to be, I mean, you have, when you separate a little bit,
sometimes you have time to think about what you're going to do,
but most of it is you're relying on your training and your conditioning.
Well, I hear you when you're announcing those deals about,
there's some guys that are really in good condition,
that, you know, they're animals or beasts.
And it seems to me that that's one of the telling things.
If you run out of gas in the second, third, or fourth round, you're screwed.
Yeah, well, there's different styles of fighting, too.
There's some guys who just, they sprint, and they can blow you out in the first couple of rounds.
But if they get into the third, fourth, and fifth round,
they significantly diminish their output.
And that's, some guys have strategies like to weather the storm.
You just have to figure out a way to weather certain fighter storms
and take them into the second and third round.
There's a guy like Hector Lombard is a famous MMA fighter.
He was a champion in other organizations.
He's a scary, scary guy.
And for one round, he might be the scariest motherfucker in the division. He's terrifying.
He's built like a brick shithouse. He comes at you fast and hard, but he's so muscular and so
strong and his output is so explosive and kinetic. He's not like a rhythmic, slow, technical,
methodical fighter. He's a sprinter. And so after that initial sprint,
he's not the same in the second and third rounds usually.
Does he win?
Sometimes. He wins a lot.
I mean, he's a world-class fighter for sure.
The guys I like were the Diaz brothers.
Oh, yeah. Well, they're the opposite.
They're guys who just come at you and they can throw volume for days.
They don't ever get tired.
Those guys can go on and on and on and on.
They break people with their pace.
Yeah. And when he beat, the older one, I guess, beat McGregor. tired those guys can go on and on and on and on and on they break people with their pace yeah and
in the um when he beat uh the older one i guess beat mcgregor no the younger one actually it's
nate yeah nate is the younger one yeah yeah that was a great fight it was a fun fight second fight
was fun too yeah yeah so you so from not having combat experience in the war you had like this
desire real combat experience you had this desire. Real combat, yeah. Real combat experience.
You had this desire to put yourself in danger and to test yourself.
I wanted to see if I was going to live or die.
So that's why you decided the next way to do this is to do it with a water buffalo.
Now, you were talking earlier about mercenary work.
What kind of mercenary work are you talking about?
In the early 80s, I had the privilege of being mentored by Konstantin Gratsos,
who was the chief executive of Onassis Shipping Line,
the 60-year right-hand man of Aerosol Onassis.
He was one of my mentors.
And he, the Vatican, the CIA, Amel DeMarcos,
and a guy named Talaveras of Mobile Oil, the CEO,
came up with an idea that they were going to invade Haiti, just like Clinton did 12 years later.
OK. And for all different reasons, Onassis wanted the shipping of the oil.
Mobile wanted the oil. The Vatican wanted more Catholics.
CIA wanted to have them not be a baby Doc Duvalier communistic, even with the communists right near Florida.
And I don't know what the fuck Imelda was there for,
but she wasn't buying shoes or anything,
but she was there.
And I was put in charge of that project by Mr. Grazos.
And we put together a mercenary army
and we had some of the great mercenaries,
a guy named Mike Williams,
one of the great mercenaries of the 70s and 80s.
And just as we were going to launch the attack and land with boots on the ground,
Cyrus Vance, Secretary of State, pulled the plug on the deal.
But I was going to come out of a helicopter just like Schwarzenegger does.
By the way, you can't hold those big guns.
Even Arnie can't.
The way they do it, they're too heavy.
But anyway, I was going to be the first foot on the ground.
And then when that thing fell to shit, I said, well, maybe I'm just not meant to see combat,
you know?
Wow.
So it was something that was really important to you.
Yeah.
But was it important to you because you didn't know how you would fare or because you knew
how you would fare and you wanted to test yourself or you just wanted to experience?
I was almost 100% positive I knew that I had balls and I wouldn't, you know, weenie out.
But until you do it, you don't know for sure.
Growing up as a kid on the hood and being arrested five times and all the trouble I got in.
You grew up in the hood?
Yeah.
What hood?
East LA.
Did you really?
Yeah.
That's hilarious.
In fact, we were just over there.
I like to go to the hood two, three times a year just to see it again.
And so I went from the Jonathan Club, where I'm a member, to the hood.
And my same driver I've had many years.
And we took one of my mentees, who's also from the hood, Cambodian kid,
because the Cambodians drove the Mexicans out of my portion of the hood.
And so I went back to the hood and he went to the same grammar school I did, wrote a street.
He went to the same Catholic church I went to.
Now, for your audience, nobody believes this, but I used to teach catechism.
I used to teach Bible study because I wanted to be a priest.
You wanted to be a priest?
When I was a little kid.
Whoa.
Yeah.
And so the it's hard
to believe but i did but maybe all little catholic boys when they're 10 12 13 want to be priests
maybe not but i did so uh when um well i got in a lot of trouble when i was in the fifth sixth grade
i dropped an aquarium and it's on my set. I pointed a picture from the second floor. I dropped an aquarium on my teacher's head from the second floor.
And if he hadn't moved six inches, we wouldn't be sitting here.
I would have gone to San Quentin.
I would have gone to Juvie, blah, blah, blah, blah.
And I would have had a different life.
So he moved.
And I only shattered his shoulder and fucked him up.
Oh, Jesus Christ.
But that's not the worst thing I did in school.
I was expelled three times before I got out of grammar school.
What?
Yeah.
Grammar school?
Grammar school.
What'd you do?
Well, I did that to the teacher.
They expelled you for how long?
Three weeks.
And then you come back and the teacher's still fucked up?
And then another guy.
Do you have to say sorry?
No, I didn't say sorry.
Another guy in the school.
Did you feel sorry?
No. I didn't try to kill. I really the school. Did you feel sorry? No.
I didn't try to kill.
I really didn't.
That wasn't in my mind.
How old were you at the time?
I was 11, 12.
So why were you doing that?
He pissed me off, obviously.
I don't really remember why.
I know I dropped the goddamn aquarium, though.
That's a given.
So another guy, I got in a fight with a guy and I knocked him down.
And I was the biggest guy in grammar school.
How do you remember that you were the biggest guy in grammar school? Because I was the biggest guy in grammar school. I wasn't, you know, I wasn't.
How do you remember that you were the biggest guy
in grammar school?
Because I was the tallest.
Oh, okay.
Tallest guy in grammar school, okay.
And so some other guy came up
and I got in a fight and knocked him down.
And apparently he broke his elbow when he fell down.
And the kid says, you broke my arm, you broke my arm.
And then I did, I went over and I broke his arm
in six places for real after that
Now you got a mean little fucking kid
Yeah, I guess I was so do you think that this is from growing up in the hood just being in the dog eat dog environment? Yeah
I'm positive it was yeah, and so that led you to
Really want to test yourself in the military correct?
Correct, and when you look back on all that stuff
and all that intense aggression and all those thoughts,
did you take anything out of that that you carry with you as an older man?
Absolutely.
Well, I'm a kinder, gentler guy now.
Yeah, you seem like a real nice guy.
Yeah, I am.
But I've turned that aggression into success in business.
What about peace and calm?
Do you have that?
I don't meditate.
I don't do any of that stuff.
But do you feel good?
Do you feel like at peace?
I feel like Twisted Steel and Panther Piss.
I mean.
Twisted Steel and Panther Piss
is an odd combination to feel like.
Well, that's a Texas oil field.
Yeah.
And I just visited one of my buddies
from the war
who's unfortunately got Agent Orange.
Yeah, you were telling me that.
So what are the effects of Agent?
How old is this gentleman?
Well, as you get older, your immune system breaks down.
And the Agent Orange that you had latent in your system now starts to come out.
Like what is it?
How does it manifest itself?
Well, I mean, he's lost 40 pounds.
This guy, I saw him pick up a Corvette when we were kids.
And now he has trouble getting up steps wow so agent orange is some
scary shit wasn't it yeah it could it was an exfoliant right or defoliant defoliant that they
sprayed on the jungle in vietnam where all these soldiers were down there in it crazy crazy shit
that they just experimented on those kids yeah and that's just you know again folks
don't forget that was 50 years ago yeah i mean yeah we i mean the every everything it's like i
sat next to mcnamara when he was president of the world bank who was one of the fathers of the
vietnam war and uh he was a weird dude i mean uh uh and uh he he said that the world is going to end in the apocalypse, and it's going to be the haves against the have-nots someday.
He says, hopefully, you know, you won't be around when that happens.
And he says there's certain problems on the planet that are never going to get solved.
And he talked about the Israeli-
Palestinian.
He says, yeah.
and he talked about the Israeli- Palestinian?
He says, yeah.
He says, we have had, at that time, two holy wars
and you could argue this is just an extension of the holy war,
what's happening.
And he says, we didn't work it out in 700 A.D.
and we didn't work it out in 1100 A.D.
and we're not going to work it out this time.
And so he was kind of a negative guy.
Class was half empty instead of half full.
What do you think?
I don't think we're going to work it out there either.
No?
I've been in partnership with the Israeli government,
and I've been in partnership with the Kuwaiti government,
the Yemen government, and a couple others there.
And it's a bridge too far.
I just don't see it happening.
I just don't.
And why is that?
Well, I mean, from the Muslim point of view,
they have the right to practice whatever religion they want.
But it's an 8th, 9th century religion in the 21st century.
I mean, there's a lot of stuff that's not socially acceptable.
You talk about politically correct,
a lot of the stuff they do transcends being politically correct.
I mean mean and I
don't think that's going to change I just don't I hope I'm wrong so you think
that the way they like for instance where they treat women the way they
won't let women drive the way they make them where the their religious how do
you say hajjib yeah the burqas yeah well so you think that that's just
gonna stay the way it is
forever
in my lifetime
in your lifetime
maybe
maybe 100 years from now
maybe
sort of like comparing
Christianity from the
Inquisition to today
yeah
like so they need
it needs to somehow
another catch up
yeah
and maybe 500 years
it will
for the planet's sake
I think we haven't been
aliens haven't come to this planet because they look at us. We're all fucked up
Is that what you think yeah?
Contemplate this yeah, I really this is it. You ever sit around smoking a cigar with a glass of scotch going where the fucking aliens
Yeah, yeah, yeah, I want to shoot you. Yeah. Yeah, I don't think they're interested
What are we gonna give what are they gonna learn from us?
Well, I would be absolutely
they're interested. What are they going to learn from us? Well, I would be absolutely fascinated if I found a group of chimpanzees that had figured out how to make fire with sticks and were building
structures and were starting some sort of an organized war against other chimpanzees. I would
be absolutely fascinated. If they had weapons and they were sneaking up on these other chimps and
using spears, I'd be like, holy shit, look at this. This is us a long time ago.
And I would imagine that aliens would feel the same way about us.
Well, I mean, except they're probably a million years advanced.
Maybe, or maybe a hundred years advanced.
Well, if they're a hundred years advanced, I think they would have come down and seen us.
Maybe they're not ready yet.
Maybe a hundred years from now, we won't be ready to go to other planets, but maybe someone out there is just a little bit more advanced than us and they're watching.
Well, Elon Musk wants to die on Mars.
That motherfucker's ridiculous.
Okay, he wants to die on Mars.
With an electric car.
Yeah, and the...
Do you know when the first electric car was, Joe?
Yeah, a long time ago.
It was in the early 1900s, right?
1860s.
Was it really?
Okay, if we really wanted electric cars,
it was the first car for 20, 30 years.
If we really wanted electric cars, don't you think we could have developed them by now?
Well, we definitely should have, but the influence of the fossil fuel companies.
Correct.
Yeah.
And do you know why Aramco is going public, the national oil company of Saudi Arabia?
No.
Okay.
You're going to hear it first here.
Jesus, I can't believe this.
Okay.
They're selling 2% of the company not because they need
money, because they've got all the money in the
world. They want, because
when you go public, you have to have a reserve report.
The reserve report is going to show how many
barrels they have. Proved producing,
proved, unproved.
And
we've been guesstimating for years and years
and years that Aramco's got a couple hundred
million barrels, maybe three, four, five hundred million barrels, billion barrels, excuse me.
That report's going to show they have trillions of barrels and there's no fucking way they're ever going to let fracking, electric cars or anything else.
When they're out of their trillions of barrels, then they're going to let electric cars come to pass.
When they're out of their trillions of barrels, then they're going to let electric cars come to pass.
So you think like all these oil crisis warnings and all the talk about them running out of oil in places is all bullshit?
Yep.
100%. 100.
What do you think oil is?
Okay.
Let me back up a second.
In August 2014, I was on not a show as prestigious as yours, but some other guy's show.
I was on not a show as prestigious as yours, but it's some other guy's show. And I said, when oil was $120 a barrel, we will see $40 oil before we see $200 oil.
I'll bet both of my testicles.
Oh, strong bet.
Okay.
In February last year, oil hit $26 a barrel.
Today, it's $48.
Wow.
Now, there's a whole bunch of reasons why I know that.
Having done business in the Middle East, knowing Aramco's got hundreds of trillions of barrels,
knowing that when the king of Saudi Arabia passed away about a year and a half ago,
and his brother, who's considered not as bright as his half-brother died,
and who hates Americans, allegedly,
and who is sick and tired of hearing
about fracking, that we're going to end the frackers forever.
And so there's no way...
See, OPEC is great, except there's no accountability.
There's only two countries in the world that actually adhere to OPEC.
Canada, three countries, Canada, the US, and the UK.
Everybody else cheats.
How so?
They produce as much oil as they want.
So OPEC has regulations on how much oil you can produce?
Correct.
And why do they have those regulations?
To cap the market?
Correct.
So they don't drive down the price of the market.
So now what they're doing with fracking is they're making oil in America so readily available that what they're doing in the Middle East is dropping the price down low so that
the fracking is not worth doing. Correct. And a barrel of oil at the wellhead from a fracked well,
the cost is about 80 bucks a barrel to just get it there. Not to get it in the pipeline,
not to get it to the refineries, not to do any of that. $80 a barrel. So if they keep oil between $40 and $60 for the next 100 years, all the frackers are fucked.
Yeah.
And how do you feel about fracking?
Because I've heard mixed stories about fracking or mixed reports and mixed opinions.
Some people believe that it's a good way for us to be independent with our oil and to break off from this whole weird sort of crisis and this situation that we have with the Middle
East. And other people feel like it's super dangerous. And what we're doing is we're
potentially poisoning water supplies. We're creating earthquakes in some place that's as
stable as Oklahoma, which was like seismically, it was a non-entity, like never had any issues with
earthquakes.
Now they have tons of earthquakes and they're just constantly drilling into the ground.
And who knows what are the consequences of that?
Both of those theories are correct.
Both of the theories.
But I'm not a save the world kind of guy.
What are you?
You're a slash and burn type of guy?
No, no, not slash and burn.
But I believe that if there is a higher power he helps those who help themselves
so i mean uh that's convenient to think like that well i think it is that's why i think that way
but if he helps those that help themselves wouldn't he not help people who would poison
the water supply well i mean that's that's an exaggeration it's not it's not poisoning the uh
um the water supply like uh like uh the protesters are saying.
But by the same token, why frack when, if my theory is correct, about Saudi Arabia having
hundreds of trillions and they're never going to allow the fracked oil to come to market?
Why do it?
Right. If they're never going to allow the fracked oil to come to market, why do it? Right.
If they're never going to allow the fracked oil to come to market.
Okay.
So the fracked oil, what are they doing with it right now?
Well, right now, fracking is down like 70 or 80%.
It is?
Yes, it is.
And why is it down?
Because of the price of oil?
Yeah, exactly.
So it has nothing to do with environmental concerns.
No, I mean, it's just like Obama didn't want the pipeline because of environmental concerns.
The Dakota Access Pipeline? Correct, yeah. But it all
started during his watch. Yeah, I understand
that, but now Trump says
that you can have the pipeline
because he's looked at the same
studies that I've looked at, and it's all online
on Google, is that
there is this much
United States, and the
environmental things that may be hurting is this much of the United States
So you're talking you made you spread your arms up very wide for people listening
Okay, and then when you said the about environmental concerns you put it very small correct
But isn't it something that if we could avoid those very small environmental disasters those very small environmental disasters
They're gonna impact that area for thousands of years.
Correct.
I mean, it's a significant issue.
Yeah, sure it is.
But I mean, there's more than, you know, there's the one side of an argument, the other side
of the argument, and then somewhere in between is the truth.
I mean, where the truth lies.
But do you think that's the only way for us to prosper is to put those areas in danger?
But do you think that's the only way for us to prosper is to put those areas in danger? I mean, if you say that there is a potential for an environmental disaster that could affect that area for thousands of years, take that risk for financial gain in the present.
No, no, I'm not saying for financial gain.
It's not financial gain?
No, no, of course it's a financial gain.
I was in the oil business for 20 years.
Allegedly where I made my fortune.
But the-
Allegedly?
Allegedly, yeah.
I've done other things very successfully, but that's the one that they talk about.
I turned $800 into $500 million in eight years.
And so forevermore, I'm an oil man.
Right.
Okay.
But I did, I've created 50 billion since then.
So, I mean, what's more important, the 50 billion or the 500 million?
Right. So I got it. OK. OK. But the the fact is that.
Politically, whoever gets in office and right now we have Trump and he's backed by the Senate and the Congress, et cetera,
has promised to be like an isolationist, more or less.
He's not interested in the wars around.
And I'm not saying that's right or wrong.
I'm just saying that's his position.
And a majority of the electoral votes got him elected.
Not the popular vote, but electoral votes.
OK, so the but whether the United States of America is ruining parts of it 500 years from now
that'll be ruined
whilst important
it is not the overriding
energy
pun intended
of what we should be thinking about
what we should be thinking about
is doing away with war
you know
living
happily and even I believe that is doing away with war, living happily.
And even I believe that, and I'm an aggressive guy.
But that model hasn't worked.
Why is that?
Well, why were there still wars?
Well, I mean, when you talk about the Iraq War
and you talk about the Afghanistan War,
those are the longest wars we've engaged in the United States.
And we didn't have to be there.
Right.
No, I understand that.
Yeah.
But how are we going to keep people elected those people that put us there?
Right.
Just like the people elected Trump to put him there.
Well.
Just like they elected Clinton to put him there.
Right.
And we're still in wars.
Right.
But Clinton didn't do it.
I mean, this was all post 9-11. to put him there. Right. And we're still in wars. Right, but Clinton didn't do it.
I mean, this was all post-9-11,
and there was obviously some military actions that were involved when Clinton was in office,
but when Bill Clinton was president,
it was one of the most peaceful times
in the history of this country.
Wouldn't you agree?
He took out Haiti.
He followed up on the Dan Pena plan to take out Haiti.
That was the Dan Pena plan?
Yeah, with the CIA Dan Pena plan. take out Haiti. That was the Dan Pena plan
Mark yes, well I can coin it now, but I mean don't you think that in terms of like if you compare?
pre Bush you know when when 9-11 happened from then on we've been in this perpetual state of war
But during the entire eight years that Clint was in office, although there were some military actions one of the more peaceful times
Yeah, they probably was. You're probably right.
Yeah.
Well, there wasn't as much worry as there is today.
Today, it seems like there's threats of terrorism. We're worried about North Korea, instability all around the globe.
I want you to hear something else for the first on your program.
Okay.
Who do you think killed the president's half-brother of North Korea?
Didn't they hire some people?
They thought it was a prank?
Well, that's what the story is.
Oh, it was a different story?
Yeah.
No.
The truth?
Well, the North Koreans think that the South Koreans did it.
Right.
I think the USA CIA did it.
Well, I thought the North Koreans thought that the brother did it,
that Kim Jong-un did it to his brother.
Yeah, because the brother was kind of sneaky. Well, I think the CIA did it to send a Jong-un did it to his brother. The older brother, yeah. Yeah, because the brother was kind of sneaky.
Well, I think the CIA did it to send a message to North Korea.
Really?
What kind of message is that?
I mean, don't fuck with us.
Oh.
It seems like they could do a better job of sending that message.
Well, I mean, they killed him.
I guess, but who is he?
He wasn't even in a position of power.
No, no, but I mean, if you can kill the half-brother of the president, you can kill the president.
Well, that would probably be a better idea.
But if they did do that, don't you think it would just create a vacuum like the same thing that happened in Libya when they killed Gaddafi?
I don't read enough books to know that.
I don't read any books on Libya, but I've watched a lot of documentaries on that whole Gaddafi situation.
That's a complete clusterfuck.
Well, I mean, the United States government has been doing that for 100 years where they back a government.
It turns out to be a crooked government.
doing that for 100 years, where they back a government.
It turns out to be a crooked government.
So then they've got to go take all the backing away from them,
and then a void is created.
And then the guys that come in are worse.
What's going on in Iraq right now? Yeah, we've been doing that for a long, long time.
With ISIS.
But what's happening in Libya?
Libya is basically a failed state.
It's a scary, scary place right now.
And if you talk to people that were there pre-Qaddafi or during
Qaddafi's administration now, it's way safer then when Qaddafi was running things. Obviously,
if you were an enemy of Qaddafi, it wasn't safe for you. He was a brutal dictator. But the business
of running countries, especially running countries all around the world, is a horrible, horrible,
messy business. You know, a messy, brutal, evil business. It's always underestimated.
And one of my favorite sayings is,
never underestimate how wrong you can be.
And we always seem to underestimate it.
Yeah.
And I don't think that's going to change.
Is it right?
Don't you think we're going to get better?
I mean, we've gotten better over the last 100 years.
I mean, since Caveman,
since that chimpanzee that learned how to use a rock.
That's what I'm saying.
Yeah, well, we've gotten better.
I mean, but we've been getting better
for 40,000 years,
and the planet's been alive
for 13.8 billion years.
But we've only had Google for like 20.
Oh, yeah, well, I'm not such a proponent
that Google's going to change the world, but...
You don't think so?
No, well, not like the millennials think,
or maybe
my generation one of my generation x i guess it's funny that whole generation thing yeah we get
labels i think there's a real possibility that information and i think there's a lot of there's
some battles going on right now with information where people are trying to figure out how how it
should affect things and what it should affect and what kind of an impact it's
ultimately going to have in our culture.
But I think it's having a massive impact.
And I think it's hard for us to-
Yeah.
Which is why I said Google.
But Google meaning the ability to search things.
You know, there's Bing and there's the access to information through those portals.
We're inundated with instant information.
Yeah.
Yeah.
I mean, what took guys years to research for a PhD paper can be now researched in days or weeks.
Yeah.
If that.
Yeah, it's a magical time when it comes to that.
And I feel like that, if anything, is going to change foreign countries quicker than any other kind of change.
Because I feel like just having the access to the information that things are different in other parts of the world that people are thinking
differently than they ever thought before that there's more understanding about people that we
have more in common than we do than this idea that countries are against each other the countries are
they're consisted of people that don't even know each other for the most part and we're supposed
to be against some other people that we don't know and that's some other part of the world. Well, why is it then, um, Tiananmen
square in, in, uh, Beijing 30, whatever years ago it was, uh, when we were in China, uh, not too
long ago as a guest of the government, uh, most kids don't even know that that happened because
they, they're not allowed to have Google.
Same in Russia.
Same in countries in South America.
Now, getting back to why the oil, hydrocarbons are so important, Russia's got an oil-driven economy now.
A good many of the countries in South America have oil-driven economies now.
Canada has an oil-driven economy now.
The U.K. arguably has an oil-driven economy now vis-a-vis the North Sea.
The U.S. doesn't really have an oil-driven economy, but it has a big, big part of what happens.
Now, when you are making loans from financial institutions at $100, $120 oil with projections because some dipshit MBA
did a spreadsheet on them
to $200 oil and you make loans
and now all those loans are
underwater, pun intended for the offshore stuff.
So is that what happened? They made loans
based on the prediction that it would continue to go up.
So some sort of universal growth
or continual growth
paradigm. But anybody that's from the business like I was Correct. To continue to go up. So some sort of universal growth or continual growth paradigm? Correct.
But anybody that's from the business like I was knew that that was horseshit.
Why did they think that unlimited growth in oil was going to happen and it was going to get to $200 a barrel if guys like you thought it was horseshit?
Because a whole other generation has come up that didn't suffer the last oil decline.
The last oil decline was the early 80s to the mid-80s
when oil went from $40 a barrel to $6 a barrel
and then went back up to $35 a barrel.
All those guys are either dead, in jail, or retired.
And now they've got young guys who learned something in a book,
went to good schools, know how to do spreadsheets, etc.,
but they don't have the experience. learned something in a book, went to good schools, know how to do spreadsheets, etc.
But they don't have the experience.
And, you know, we have tons and tons of information,
but what we don't have running a lot of the companies is tons and tons of experience.
We have a lot of dots, but we don't have the people that have connected the dots.
Now, to connect the dots to find out how much the Middle East actually has in barrels of oil, these trillions of barrels of oil, how would one do that?
And is this public information?
Like what you're saying, most people don't know this. No, they don't know this.
How do you know it?
Well, because I was partners with the Kuwaiti government for seven years.
I used to be their fair-haired boy for investment.
Is that what they call you, a fair-haired boy?
Fair-haired boy, yeah.
What does that mean? Fair-haired boy, yeah. What does that mean?
Fair-haired boy means that I was their favorite.
What a weird expression.
Yeah, fair-haired boy.
Fair-haired, I don't have black hair.
Right.
Okay.
I have blue eyes.
Right.
I'm fair in my complexion.
Got it.
Okay.
I get it, but it's weird.
Yeah.
Sorry.
And I think it's very surprising that Aramco is going to go public with the numbers because it's been one of the great big secrets of all time in the energy business.
Do you think they're going public with the numbers to discourage further fracking?
Correct.
So they're going to say, look, we would rather have 100% of this thing at half the price.
Correct.
Than lose it all.
Correct.
And most of the alternative energy deals in the United States and the U.K. are funded by grants, government programs that fail.
I mean, they don't make any money.
But when you stop doing that, the average cost for a barrel of oil, not fracking, in this country is about $45, $50 a barrel.
Right at the break even to bring it up to the wellhead now.
Okay.
In the Middle East, taking all of them into account,
it's about $3 a barrel.
$3 a barrel.
Yeah.
A couple of the countries, less than a buck.
Whoa.
How the fuck can they do that?
Because the oil is... Right there.
Here.
Uh-huh.
And they found oil.
They were living in tents as Bedouins, and they were looking for water.
Because they'd be dead now.
If they hadn't found water 100 years ago, they'd all be dead.
But they didn't need the water because they got the oil.
Then they paid to make the water drinkable.
Desalinate.
Correct.
That's the word I was looking for.
Yeah.
So that's an amazing thing.
So why is Exxon bothering to drill in the Gulf Coast?
Because hope springs eternal.
So they want to plan for the future.
Correct.
I drilled in the Gulf Coast when I was running a big oil company.
And there's two parts of the Gulf Coast.
There's the shelf, which is 600 feet deep,
and then there's beyond the shelf, which is like 10,000 feet deep,
and that's big, big money to drill those test wells.
Oh.
And the big guys like Exxon are looking for elephants.
They're looking for the big, big reserves.
A smaller independence like I was was looking for the smaller reserves.
Now, when Exxon goes and looks for the big reserves, what kind of equipment do they use
to decide where the oil is?
Well, an offshore drilling rig will cost between, in the shallow, $25 to $40 million, and in
the deep, $75 to $250 million for just the rig, the thing.
Right.
So how do they know where the oil is?
Oh, they have geologists, which are like,
this is a personal point of view,
geologists, geophysicists.
Like psychics?
Yeah, exactly.
You're better off with a psychic.
So they basically know there's a shitload of oil out there.
Somewhere.
So they just drill in.
Now, what is oil?
Explain to me what is oil.
I read a book a long time ago that confused the
fuck out of me. It was called Black Gold Stranglehold. I don't know if you've ever heard
about it. I've heard of it. I never read it. It was a book that was saying that oil is not
fossil fuels and then it's not what people think it is, but it's actually a renewable process that
the earth creates this oil and that wells go dry. And then if you leave them alone for a while,
they build up with oil again. That's a a theory but nobody's ever left the well alone alone long enough to find
out if that's true or not ah so they're talking about hundreds of thousands of years they're not
talking about 40 years right so no but wells oh so this guy it might be it seemed like a wacky book
it was one of those books i was reading have you ever read the holographic universe no it's another
book like halfway into the book i'm like what the fuck am i reading this is a goofyy book. It was one of those books I was reading. Have you ever read the holographic universe? No. It's another book, like halfway into the book. I'm like, what the fuck am
I reading? This is a goofy ass book. It's just too much goofiness in it. But that black gold
stranglehold, I wanted to talk to a real oil man about this. So oil is created by what? Things
dying and deteriorating from, uh, 40, 50, a hundred million years ago. ago, and they sit under the ground, and they form hydrocarbons,
two different kind of hydrocarbons, either that's like gas and oil.
And when it comes up, there comes up one pipe, and there's a separator.
Sometimes you just have a pure oil well.
Sometimes you have just a pure gas well.
But mostly you have a mix. So there's a separator. It's a unit
that is an engineer's
wet dream at the top that separates all this.
Then it's put into a pipeline and taken
to a refinery. Or it's
put into a truck and taken to a refinery.
And some of the
distillate,
the actual oil,
depending on the gravity,
can go straight into a car.
I mean, that's how pure it is.
Yeah.
And it doesn't have to be refined.
Of course, the refiners don't like those kind of oils because then they—
So what is it when you don't have to refine it?
I mean, it has been sat under the ground.
For so long?
The thicker the oil, the less time it's been under the ground.
So if you've got oil that's been there 40 million years, it will look like kerosene.
If you've got oil that's only been there 10 million years, it'll look black and gunky.
Oh, that's fascinating.
Now, we used to call it dead dinosaurs, but it's not really animal matter as much as it is plant matter.
Is that true?
Plant, yeah.
Mostly plant matter?
Yeah, yeah.
So it's just deteriorating leaves and trees and things along those lines,
and then it slowly but surely over millions of years becomes oil.
What a weird thing to power our world on.
Well, I mean, it's been around a long time.
But if we really wanted electric batteries,
we've had those 40 years longer than we've had gasoline cars.
What are your feelings on solar?
Solar, you probably don't know this, but for every square foot on the earth,
the sun, natural sun with nothing advancing the sun's light,
gives between 10,000 and 13,000 times more energy than the planet needs.
10,000 to 13,000 for every square foot just from the sun.
Whoa, wait a minute. Hold on. Let me sort that out. So what you mean is if you put solar panels on every square foot,
you'd have 10 to 13 times more than the planet needs. Yes, Einstein. Correct. But you wouldn't
really put solar panels over the whole planet. So in order to be able to power a city, what would you have to do?
Well, I mean, a city like, let's say, the Valley.
How dare you call me Einstein, by the way.
Okay.
The Valley.
The Valley.
Right.
Okay.
You'd need solar panels that would cover from downtown Los Angeles to San Diego.
Jesus Christ.
And that's under current solar technologies.
And it's gotten much less expensive to do that.
Right.
Because then you've got to sell the stuff into the grid.
The grid meaning the power thing,
like what's the power thing up here?
Whatever the power company, electric company is.
So you sell into the grid,
and they will tell you,
when the government was giving subsidies,
they were paying like 18 to 20 cents per kilowatt.
Now they're paying 2 to 3 cents.
So people invested.
Schmucks, banks, lend out tens of...
Schmucks, huh?
Schmucks.
Lend out hundreds of billions of dollars to these solar guys
because at the 13 to 18 cents
a megawatt and then supply then we had too much supply because everybody's doing it and drove
down the price and so now these poor bastards that started these solar deals uh 15 20 years ago
can't make any money so they can't pay off their debt. The guys that benefit the most from solar
are the farmers that own the land that lease to the solar companies.
So it's another one of those unlimited growth things where they felt like it was 10 cents
back then per kilowatt and it's eventually going to be 20 and they thought it was going
to go up and instead it went down. And why did it go down?
Because oversupply. Because everybody gets on a good thing. And then they make it bad.
But when you say you sell it back to the grid, there's also ways to do it to be off the grid, right?
Correct.
You'd have a different system.
Yeah, there are.
There are.
And a lot of, you know, very bright guy put together tax incentive deals in Britain.
They call them schemes that, you know that took advantage of the system.
Right now in Germany, for example, Germany has 20, 25-year contracts.
And the government wasn't any smarter.
They gave you a 25-year contract at a guarantee 11 cents.
Okay?
Now, into the grid, it's only 3 cents.
Right.
So they've got to pay you off the difference between three and 11.
Right.
So the contract's up, and then once it's up, everybody's screwed.
Everybody, you know, everybody's screwed.
Wow.
Now, do you think that it's a viable way to power a city?
Yeah, it is.
It is?
But I think it's a mix.
You need a mix.
Really?
Not just solar.
Under current technological standards.
Solar, wind, and hydrocarbons. a mix really not you know not just solar under current technological standards solar wind
and hydrocarbons yeah we were in somewhere filming something for fear factor once and they had one of
those uh windmill farms it was the craziest thing ever it was like like a bunch of robots that were
up on this hill correct we're spinning around and i was like you're getting they're getting
electricity from these wind robots like how fucking weird is this? And each one of those deals costs, roughly speaking,
a million dollars.
Wow.
Each one.
And the technology
has come a long, long way
in the 30 or 40 years
that they've had those wind deals.
Yeah.
But,
supposedly,
the wind currents don't change.
Mm-hmm.
Wrong.
Wrong.
They do change. Uh-oh. Okay? And so you've built a hundred of these windmills't change. Wrong. They do change.
Uh-oh.
Okay?
And so you've built
a hundred of these windmills
facing a certain way.
Right.
Okay?
And then the wind changes
for whatever reason.
Now, another thing
you're going to hear first.
In 2011,
my wife and I
had our vows renewed
at the South Pole,
Magnetic South Pole.
We went to have
to be married there.
And they have a huge $500 million scientific research lab, most of which is paid for by the United States government.
So we're down there and we're talking to all the goofball scientists running around in shorts, T-shirts and flip flops.
And it's 40 below zero.
OK, because the sun never goes down.
This was December.
And so they're giving us a presentation,
and they're bringing out these cores of ice.
Cores of ice.
And they get to the second or third core,
and then he says this core is 55,000 years old.
And of course, how do you know that?
Anyway, they explained.
And he said 13,000 years ago,
this was the temperature of 14,000 and 55,000 years ago.
It was two degrees warmer Celsius than it is today.
And then you go, wait, stop.
55,000 years ago, it was two degrees warmer than it is today.
Right.
And I said, what about global warming?
Simultaneously, all 10 scientists started laughing.
All 10 PhDs from MIT, Caltech, Stanford started laughing.
Why did they laugh?
Because global warming is a joke.
How is global warming a joke?
I'm just telling you what they said.
It was warmer 2 degrees Celsius 55,000 years ago.
Right, but that's 55,000 years ago.
Well, if you go back 65 million years ago, it was considerably warmer then.
I understand that, but what they were saying is that it's cyclical.
Right.
It's going to get colder again.
But I don't think that's the argument.
The argument is whether or not we're contributing to this cyclical.
Well, I'm sure we are.
Yeah.
Yeah.
But I mean, if we wait 10,000 years, there won't be any global warming.
It'll go back to cold.
Correct.
And the people, your descendants, my descendants, if they're around 10,000 years from now, will
read about that,
who are those guys who believed in global warming?
So you think that people are being hysterical about a natural cycle that we probably are,
we're probably helping it along?
We're helping it along, but it's a natural cycle.
But it's going to come back around anyway.
Correct.
Another point.
If global warming were for real, I mean, real, real, real, it's going to happen.
Well, it is real.
No, no, no. I mean, it's going to happen. Well, it is real. No, no, no.
I mean, it's going to happen in the next 20, 30 years, let's say.
Florida, most of Central America, a whole bunch of the world is going to be gone because
it'll be underwater.
Right.
Depending on, you know, the most severe, it's 30 meters of water, that's 100 feet.
The less severe is 10 meters of water, 30 feet.
Okay.
If that were the case and you were building condominiums in Fort Lauderdale, Florida,
there should be a disclaimer in the prospectus.
There should be a disclaimer.
The next big wave of class action lawsuits, if global warming happens in the next 20 to
50 years, is going to be the disclaimers that were not written in the investment prospectus
for condominiums, buildings, everywhere.
Manhattan's gone.
London's gone.
Well, that's only under severe forecast, right?
Severe forecast of global warming?
The forecast is it's going to be 10 meters, which is 30 feet.
That's the best forecast?
That's the best forecast.
And that's over how many years?
50.
So you don't think that's gonna happen
I'm not likely to be here 50 years from now. So I don't know good dude if they keep replacing shit
Yeah, well, I'm pretty good. My goal is 120. What are you right now?
70 I'll be 72 in a few weeks. You look great. Yeah, thank you got a lot of pep to you now
So what I I'm happy because I'm enjoying doing what I do.
Do you realize 87% Gallup poll came out last year and said 87% of the people on the planet
are unhappy with what their life is all about?
Unhappy.
And 10% in addition to that, 87 to 97 hate what they do.
So that leaves 3% of the planet enjoy what they do
You're one of three percent fuck. I'm one of the 100 millionth of a percent. I'm so happy
I don't know whether the shit or go blind well you shouldn't do the second part
Everybody's like yeah, don't go blind no no nothing that makes you happier well
They're gonna they're gonna figure out how to give me new eyes they are right
Do you think they're gonna figure out how to give you new eyes? Or do, right? Do you think they're going to figure out how to give you new eyes
or do you think they're going to figure out
how to shoot some stem cells
in your eyes and rejuvenate them?
Well, I want to hear after the program
about the stem cells in Vegas.
Yeah, they've got a lot of crazy shit going on.
They're doing discs now.
They are just starting.
I talked to Dr. Davidson from the UFC
and they're beginning trials.
I think they were going to do it this Monday.
So past Monday, a couple of days ago,
where they're going to shoot stem cells directly into discs of people with degenerative disc disease, where their discs are shrinking because of compression of the spine and, you know,
just overall life and wearing down. They're going to be able to regenerate disc tissue.
Well, what's the story about, I read a couple of days ago,
a transgender guy broke the eye socket of a girl in an MMA fight.
I don't know about that.
Is that a recent fight?
Yeah, I mean, just the last 48 hours.
I don't know about that.
Okay, and they're complaining because it's not really a girl.
It's a guy.
And he was just overpowered, and he just—
Now, I've never heard of a broken eye socket in a broken eye socket. Broken eye sockets are really common.
Oh, okay.
I didn't know that.
Broken eye sockets, broken orbitals, very, very common.
If you get punched or kicked or elbowed really hard in the eyeball, which sounds horrible to people,
but you get a blowout fracture where you actually blow out the bone in the back of the eyeball.
So they have to literally take your eye out, they have to go behind it repair usually the sometimes they have to put like a little
plate or something that puts the bone back together in the back your eye put
your eye back in and sometimes when guys do get those kind of orbital fractures
they have these weird eyes like the one eye that like pokes forward more than
the other eye it looks weird very dangerous sport very dangerous Very dangerous sport. You know, it's just,
obviously it's a combat sport. The goal is to smash each other. Yeah. I've been pretty vocal
about, there was a, a pretty famous case of a guy who had been a guy for 30 years, became a woman
for two years, you know, or, you know, went transgender, whatever you want to call it, and
started fighting MMA and wasn't telling these women that she used to be a man for 30 fucking years.
And I was like, well, that's crazy. Like if you tell people and they still want to fight,
that's fine. I think you should be able to do whatever you want to do. Just like,
I think you should be able to ride a bull. I, you know, I support your right to ride a bull.
You want to ride a bull? I'm not telling you, you shouldn't do it because I don't,
I, who the fuck am I to tell you that shouldn't jump out of buildings and, uh, and skydive or
jump out of planes rather or jump off cliffs with
one of those wingsuits like my friend Andy does. You should be able to do whatever you want to do
as long as you're informed. But this idea that it's not something that you need to tell the
other person about because now you're a woman, I say that's bullshit. You're biologically a man.
You were born a man. You have an XY chromosome. You have all sorts of mechanical advantages.
a man. You were born a man. You have an XY chromosome. You have all sorts of mechanical
advantages. You have a different bone structure.
It's not the fucking same.
And if these people
want to continue this crazy narrative
that once you decide that you identify
with being a woman, you should be able to compete as a woman,
it's fucking crazy.
I mean, I'm sure you saw what happened with that kid in high school.
There was a kid in high school.
She wanted to be a boy
and so they started giving her testosterone treatments, but she still has to compete as a kid in high school. The wrestler. Yeah, she wanted to be a boy. And so they started giving her testosterone treatments,
but she still has to compete as a girl in wrestling
while she's transitioning to being a boy.
So they're giving her these testosterone treatments,
and she's just mauling these girls.
It's just not fair.
What happened to the girl?
It's not her fault, by the way.
That kid, it's the fucking people that live there
want her to compete as a girl.
And if that's the case, you shouldn't allow her to be competing while she's taking testosterone it's real simple and if she wants to compete
as a boy let her compete as a boy or I let him compete as a boy in your opinion
what happened to the young girl that was right Ronda Rousey yes the Olympian girl
that you know all of a sudden went from the penthouse to the shithouse? A lot of things.
It's a long, long story.
I was a big follower of hers.
She's an amazing judo practitioner
and dominant like no one else ever in women's MMA up to that point,
in the UFC at least.
But there were some holes in her approach that were exposed by Holly Holm,
the one who knocked her out, the girl who head kicked her.
Holly had the perfect style to deal with Rhonda's style.
She's really strong, she's fast, she's an amazing athlete,
and she is an outstanding striker.
And so Rhonda's thing was to charge at you like a fucking bull.
And Holly just played the matador brilliantly,
caught her, lit her up while she was coming in,
and then eventually head kicked her and stopped her.
Once you get knocked out like that, first of all, she was very, very confident while she was the champion.
And some people would say arrogant.
And because of that, there's all these people that are waiting for you to fall.
There's a lot of people out there that don't have much confidence.
And when they see someone who's out there who's got a lot of confidence, it's very compelling.
Like a Floyd Mayweather or like a Conor McGregor, their confidence is incredibly compelling. Like you want to be near them. But
those people, when that person loses, they're the first ones to attack. They're like, yeah,
you fucking loser. I knew you were a loser. Like you go to Ronda Rousey's Instagram page and read
the comments under her pictures. It's ruthless. Some fucking assholes, just assholes. And I guarantee
you all those people are severely unaccomplished or really young, either young kids that don't
understand what they're doing. They just have this opportunity to be able to talk shit or
they're a bunch of fucking losers. And they're finding this opportunity to shit on someone who
was this incredible, bright, shining star that fizzled out. So she lost to Holly Holm, and then she came back in a far worse matchup against Amanda Nunes.
And I thought Nunes, before Holly Holm beat her, I thought Nunes was the most dangerous matchup for her.
Because Amanda Nunes is a Brazilian jiu-jitsu black belt, and she has heavy, heavy hands.
She's a dangerous striker.
And I was like, Ronda's going to have to close the distance in order to grab her and take her to the ground.
And when she does, it's no fucking picnic because Amanda Nunes is
nasty on the ground. And then getting close to her, she's got knockout power with her hands.
I'm like, this is a terrible, terrible matchup. And it turned out to be right because she got
knocked out in 48 seconds in the rematch. But what she should have done is revamp her camp
or not fight. Revamp, go to one of the masters. There's a few masters of mixed martial arts in
this world. There's Firas Zahabi and Matt Hume and Duke Rufus. There's a few of these striking
mixed martial arts masters. And you have to go to them. You have to go to them and you have to
submit yourself and say, look, let's fix this. Let's fix whatever I'm doing. And let's see if
we can take this to the next level because the sport evolved and the sport passed her by.
She was at the very top.
But if you build it, it's like that Field of Dreams movie.
You build it, they will come.
And when she built the women's band and weight division and became this dominant force and stopped all these people and looked invincible, all those women were coming up below her.
And they were getting better and they were evolving.
And they were like the rest of MMA
They were reaching this incredibly high level whereas the women's MMA movement and then in the early days
You know three four years ago if you watched women's MMA the skill level was nowhere near
Commensurate with the men's skill level like the men's skill level at three four years ago
They're better today, but only a little bit better but the women
are way better today than they were because it's a new thing it's like 1997 for mixed martial arts
for men that's what like three or four years ago was but now the women have essentially pretty much
caught up or close to it there's very high level striking very high level submissions very high
level fluid overall mixed martial arts games that you're seeing in the women's division.
And Ronda, in a lot of ways, as spectacular as she was, had a very limited approach.
She didn't kick.
She punched, but she wasn't necessarily like the most brutal knockout puncher,
and she wasn't necessarily the most skillful boxer.
She didn't really have a tremendous amount of experience.
What she had was incredible athleticism, a world-class mindset. She was a world-class athlete. You know, she's a
former Olympian and outstanding judo. Her judo and her arm bars are amongst the best in the world.
I'm sure transitions, the way she attacks and attacks and attacks and set things up.
She's phenomenally talented and, you know, really accomplished in judo.
But when you want to be a world mixed martial arts champion at the highest level of the game,
now you have to be great at everything.
There's people like Demetrius Mighty Mouse Johnson, who I think is the best fighter in the world.
He's amazing.
That guy's great at everything, and that's why he's the best,
because you don't know what the fuck he's going to do.
You don't know if he's going to kick you or knee you or take you down or strangle you or elbow you.
He's just got so many options, and he's coming at you from all different directions,
and he never gets tired.
He's the total full package.
We don't have a Demetrius Mighty Mouse Johnson in women's MMA yet,
but it's coming.
It's coming.
And Ronda's not that.
Ronda's more like maybe like a Chuck Liddell or one of the early pioneers of men's MMA.
Super talented, really fun to watch, but perhaps limited in their approach.
Yeah, I used to enjoy Mighty Mouse.
Now that you mentioned Mighty Mouse. He's incredible.
He's incredible.
You know, and there's so many of them now.
I mean, it's just this sport is just exploding.
It's exploding with talent.
Has it changed since they sold? Well, it has a little bit. It's trying to like,
refine itself, I think. But the guys who sold it, or the guys who bought it rather,
you know, they're savvy, intelligent dudes who are trying to do it their way. And there's going
to be some bumps along the way. They've made a lot of changes and they're trying to do some
things differently. And some of the things I agree with with like now i have a three-man booth like it's me and a fighter and then the play-by-play commentator
which we've done a couple times i think it's really good i like it and um they're they've got
a lot of uh match-ups that have fallen through unfortunately because of weight cut issues and
a bunch of other stuff so it's a tough business man i wouldn't want to be a promoter it's uh what
i do is easy.
I just show up and things are happening.
I talk about the things that are happening.
It's not a lot, you know, I don't have to do a lot of work to get there.
You know, I just kind of get there and I watch and I talk about the fights.
The promoting angle of it is unbelievably brutal.
You have to rely on so many people to do their job,
so many people to have their shit together.
You've got to rely on these crazy, impulsive maniacs known as MMA fighters to get their weight in order and to have their camp go through without severely injuring themselves and to do things smartly and intelligently and conservatively so that they can show up for the dance and be able to perform at their best.
at their best, you're asking a lot of a lot of different people.
And most of them come through.
Most fighters are incredibly professional.
But some of them don't, like that Habib Nurmagomedov-Tony Ferguson fight that fell through a couple weeks ago or last week.
Horrible.
Just devastating that we were all ready for that fight,
and then the day of the fight, the day of the weigh-ins, rather,
he can't make the weight, and they send him to the hospital.
So those kind of things do happen.
These guys that are running it now, the WME guys, they're smart as hell.
So we'll just see.
They'll figure it out.
That's what I think.
I think it'll take a little while.
There'll be a little bit of trial and error.
Just understandable.
I mean, they spent $4 billion on the UFC.
They're going to want to run it their way.
I get that.
It's an incredible investment. I don't know how the fuck they're going to make that money back. They're going to want to run it their way. I get that. It's an incredible investment.
I don't know how the fuck they're going to make that money back.
You're a smart financial guy.
How the hell do they make that money back?
They won't.
Jesus, Dan Pena. Why did you do that?
It's not
likely. No?
The way I would do it is
I would take it public.
Is that how you make your money back? You heard it here first on Joe is I would take it public. Oh, is that how you make your money back?
You heard it here first on Joe's show.
Take it public.
And if they take it public?
They can make 50% on their money in a week.
I mean, a week after they take it public because the average investor pays up too much.
They pay up high multiples.
too much. They pay up high multiples. And the difference between a non-liquid investment and a liquid investment, the multiples are normally 50 to 100% higher.
You just lost me talking Chinese.
Okay. Let's just say they bought it at 20 times earnings.
Okay.
Okay. 4 billion equated to 20 times earnings.
Right. So that means 20 times per annual earnings?
Yeah. That's correct. So they take it public, the investment public, the schmucks that buy stocks on the New York Stock Exchange will give you 40 times.
They will?
Yes.
Why don't they do that then?
What's the problem with taking things public?
Well, they lose control.
It depends on how much of the stock are they going to sell.
Are they going to sell 10%?
They're certainly not going to sell 50.1% because then they lose total control.
Then they also
have to adhere to the SEC, Security Exchange
Commission. There's rules.
And they have to have
audited statements every
90 days.
And if they gave you
too much money for expenses
and it's down there as a footnote, they're going to come
and investigate. Why'd you get rogue in that?
Why'd you do that?
Most people don't want to go public because of that.
I went public because I could see
that I was going to make
a thousand times my money.
Not even that. A hundred thousand times my money.
It was a no-brainer.
You made a hundred thousand times your money by going public?
It's actually better than that.
Jamie, we need to take this podcast public.
Okay, I grew at 67,000% a year.
What the fuck does that even mean?
How is that even possible?
67.
My total growth on my original investment was 55 million percent.
Jesus Christ.
That's a lot of money.
And there hasn't been Facebook nor anybody else, anybody even close.
But unfortunately for me, because it was 25 years ago, I was at a low base.
My base was only half a million.
Yeah, excuse me, 500 million.
But now, I mean...
What does that mean by your base?
In other words, I grew the company from $800 to $500 million.
Right.
Okay.
So, but my base, my initial base was $1,000.
Okay.
Okay.
My exit base was $500 million.
Okay.
$500 million.
And, of course, I had a lot of shareholders.
It wasn't just me.
lot of shareholders it wasn't just me uh but now uh the um the company grew if you take 800 bucks and you figure out the uh you do a spreadsheet on the growth per year at 67 000 and you do the
total growth it's 55 million percent 55 million percent now if you were you're an mma fan and
you're going to give advice to the people that own the UFC, what would you tell them?
Oh, yeah, Alpha Brain.
What would you give them?
What advice would you say?
I'd hire somebody like Goldman Sachs.
I'd hire more than one.
I'd say Goldman Sachs and JP Morgan or somebody like that or Credit Suisse to look at how to make their investment liquid.
Liquid.
Because now it's frozen like a stiff dick.
I mean, it's not going anyplace.
So what does that mean?
Like, how do you make it liquid?
Liquid, okay.
Let's just say we're going to take this podcast public.
Okay, let's do it.
Let's get crazy.
Okay, let's get crazy.
Now, let's just say that right now you make,
let's throw out numbers,
a million dollars a year off your podcast,
and you have no other shareholders.
Okay?
Okay.
Now, you want to take it public,
and you want to take it public on one of the secondary or tertiary exchanges,
because this wouldn't be big enough
to take on the New York Stock Exchange.
And you want to sell shares in your baby
for $1,000 a share.
Okay?
How many shares does one have?
Well, as many as you want.
Really?
Yeah.
So you can make 100 million shares at $1,000 a share?
Yeah, but you couldn't equate that much value.
But you could do 1,000 shares at $1,000 a share.
Okay.
Okay.
And so you sell 20% off to the public.
So 20% of those shares are, and I mean you got millions of people to follow you. I mean
that would be a slam dunk.
I mean it would be a no brainer.
It would be a no brainer. But then a bunch of people would be telling me
who to get as guests. No, as long
as you got key control, fuck you.
They would try to get that power
though. Yeah, they would.
But as long as you held, or your group
or your consortium, or you and your
buddies held more than 50%, they could never take control.
Right.
But it seems like that's where hostile takeovers come from, right?
Correct.
Yeah, people gather up.
Oh, you're getting excited there.
Yeah, I'm getting excited myself just thinking about it.
Hostile takeovers.
That's like the ultimate chess move.
Okay.
Well, we'll meet in the cage.
You can put your best guy up.
I'll put my best guy up, and then we'll settle it the cage. You can put your best guy up, I'll put my best guy up,
and then we'll settle it that way.
Just like they do in the old days.
Instead of the two armies going to war,
the best knight from this guy and the best knight from this guy.
Right.
They duke it out.
Who would you pick to defend your honor?
My honor?
In the cage.
I mean, if the other side had a guy, who would you pick?
That's a good question.
Are we doing weight classes?
No, no.
Anything goes. This is a heavyweight
Named Francis Ngannou
I think I might put my money
On that guy
Yeah
Terrifying
Young heavyweight
Okay
Yeah
Okay
Who would they pick?
Knocks people dead
Who cares?
Let them pick
Whoever the fuck they want
I got Francis
I used to be a fan of Lesnar
I liked him
He was scary
He was scary
If Brock Lesnar
Got into MMA
When he was young
If somebody grabbed him Like right out of college And really trained him properly I like him. He was scary. He was scary. If Brock Lesnar got into MMA when he was young,
if somebody grabbed him right out of college and really trained him properly,
better yet, right out of high school,
and trained him properly,
just an unbelievable freak athlete.
A freak athlete.
I remember in the heavyweight match,
I forget who it was fought,
where he had beaten up Lesnar pretty bad,
but Lesnar still won the fight.
The guy with the big hands.
Shane Carwin.
Yeah, yeah, yeah.
Shane Carwin beat the shit out of him in the first round, but he gassed out.
And then Brock survived and strangled him in the second.
Yeah.
Brock's a tough guy.
And he just was a guy who got into MMA very late in life and wasn't a natural striker
and really didn't have the natural striking capability.
When I say natural, I mean like fluid, really effortless striking that you get
when you've been doing it for years and years and years.
That's one of the hardest things to learn as guys get older when they're in their 30s
and they're learning how to strike.
Learning how to strike against someone who's really seasoned and good,
there's just going to be these openings, and it just takes a few shots.
One, two, three, get in, and all of a sudden you're diminished and the leg kick and then the fucking shot to the body and you're hurt and then
boom you saw what happened when he fought Cain Velasquez Cain just overwhelmed him he's just so
much better with striking and really great at wrestling as well so Cain was able to get back
up his feet when Brock took him down and then just Brock could not handle the onslaught that
Cain was putting on him on the feet. Just wasn't prepared for it correctly.
You need years and years and years of striking training,
and you need to spar lightly,
and you need to develop fluidity in your movements.
You need to have efficient striking movements.
Now, what's called the pretend wrestling league?
Pro wrestling, WWE?
Yeah, yeah, okay.
Yeah.
You know, what's the
guy's name the founder vince mcmahon and his wife is now in the in the cabinet uh for trump
yeah she got approved hilarious okay yes it probably is hilarious but she or not she they
got rich when they went public yeah yeah see they went. They went public with the WWE. Correct.
And I was offered for $50,000 a point when they first got started, a bunch of buddies of mine in Connecticut were riding in a limo and they showed me a demo tape.
And they said, we can get into this.
We can buy up to 10% for $50,000 a point.
They need money.
I said, bullshit.
Who's going to watch that shit?
Nah.
Yeah. I feel, bullshit. Who's going to watch that shit? Nah! Yeah.
I feel it the same way.
My friend Tony was at, I don't know what they call it, Monday Night Raw.
Is that what it was?
At the Staples Center.
And he was making videos while he was in the audience.
And I was like, you've got to be fucking shitting me.
There's 20,000 people in this place.
It's crazy.
Yeah. The numbers are insane.
People love that stuff.
They love it.
They were going nuts.
I can't believe it!
I don't understand it.
Yeah.
But I mean, he got liquid by going public.
How many people do you think that pay $3,000 a month to that guy, wind up going to pro
wrestling?
The same people?
Probably the $3,000, yeah.
Probably the same people.
That's probably like 100% of them are pro wrestling fans.
Yeah. Now, does everybody are pro wrestling fans. Yeah.
Now, does everybody know pro wrestling is not for real?
No.
No, there's some people that had injuries out there that still think it's real.
There's a few people that fell off the back of a motorcycle.
I can't believe he won.
I thought Brock was number one.
This is insane.
I like when they come down the ramp and the fire and this and that.
And then when they get, they have to be good athletes.
When they bounce their heads on some of those things, hit them with chairs.
They're definitely good athletes.
There's no doubt about it.
Those guys are outstanding athletes.
And it's a fucking really hard way to make a living.
I mean, say whatever the fuck you want about it being choreographed they're still picking each other up and slamming each
other on the ground and hitting each other and that's gotta hurt after a few weeks three months
few years not only that those guys are on the road you know 200 plus days a year doing that
so it is a absolutely brutal business it's a hard way to make a living and they are tough, tough guys. So they might not be really competing like an MMA fighter is, but there's no doubt about it.
They have my respect. Those guys are tough. It's a tough way to make a living. They are
earning their money. And I think they're doing it in a way where most people don't even see them
earn their money. I mean, they're out in these arenas, you know, they're playing this state and
that state and they're going on the road and they're slamming each other and throwing each other into the turnbuckle
and elbowing each other in the face. It's fucking hard, man. That is a hard way to make
a living. And a giant percentage of those guys wind up having problems with pain pills,
severe pain in their body, always constantly, you know, back injuries, knee injuries, neck
injuries, elbow injuries. I mean, it's just, it's a fucking brutal way to get paid.
Yeah.
Now, are the MMA guys getting paid big money now?
The best of the best are.
The guys like Conor McGregor and Conor McGregor, a lot of the people that fight Conor McGregor,
they're making millions.
Ronda Rousey, she's making millions.
It's just, it's taken a while for the people that are not known very well to be able to make that kind of money.
You know, they're not really, you know, it's hard for the average journeyman fighter to not just pay their bills,
but to put money away as well, you know.
It's just, but it's like that in boxing, too.
This is what people don't understand.
Boxing, like people say, well, Floyd Mayweather made $40 million for that fight.
Maybe he did, but Floyd Mayweather is one., well, Floyd Mayweather made $40 million for that fight. Maybe he did.
But Floyd Mayweather is one.
There's one Floyd Mayweather.
Gennady Golovkin can't sell 200,000 pay-per-view buys.
And he's one of the best fighters in the world today.
You know, Vasily Lomachenko, same thing.
One of the best fighters in the world today.
He's not making the kind of money that Conor McGregor's making.
So what boxing is, is like you see these very big marquee names, you know,
these big famous guys who are making good money and they make more money than the best UFC guys.
Like Manny Pacquiao has made more money than the best UFC guys, but Conor McGregor's nipping at
their heels right now. Yeah, Manny used to have a house right around the corner from me. I lived
eight years in Manila, one year in China, three years in... You lived in Manila?
Yeah.
Wow.
What is that like?
If you've got money, it's terrific.
Yeah?
Is it dangerous?
Yeah.
My wife had six bodyguards.
Jesus Christ.
Six?
Six.
And one of them used to be the bodyguard of the president.
And all I want...
Why'd you live there?
Why were you living there?
I had a thriving business.
I still have the thriving business.
We don't live there anymore.
Do you play pool? Yeah. Do you?? I had a thriving business. I still have the thriving business. We don't live there anymore. Do you play pool?
Yeah.
Do you?
Yeah.
I knew you did.
I knew.
Because if you live in Manila, you got to play some pool.
But we lived a year in China, eight years there, three years in India.
But when I was interviewing bodyguards, I just want to know, have you got any trigger time?
I don't want you just looking pretty.
I mean, have you ever pulled a fucking trigger?
Right.
So all of my wife's bodyguards had pulled triggers before you know because you
could get these guys i read the same with cia or the secret service i mean have you done anything
you know well that's it that is an important thing and it's uh some would consider maybe like
there's some people that are more sensitive that would say well that's a distasteful thing to even
bring up like why is there honor in shooting people?
Why is there honor in trigger time?
Well, I think what you were trying to figure out when you went into this big game hunting
with handguns thing, whether or not you would pussy out when the moment was there, is because
you knew that it's a significant challenge when your life is legitimately on the line.
People act different when they think they're going to die.
Yeah.
I mean, they just do. They just do. They just do. Then you find out who you really are versus who you they're gonna die. Yeah. I mean they just do.
They just do.
They just do.
They need to find out who you really are versus who you're pretending you are.
Absolutely.
And I know a lot of brave guys that have pissed their pants.
Of course.
Yeah.
Shit themselves.
Yeah.
But they did what was necessary.
Right.
But that moment of truth.
Well that's the old saying that a great man and a weak man have the same fear, just one response
to it a different way?
I raise my kids.
It's not what happens to you in life, it's how you react to what happens to you in life.
And the millennial kids are-
Pussies.
Say it.
Weenies.
They're weenies.
Why do you say weenies?
I call them vagina brains.
Oh.
Yeah.
Why is that? They want to get laid. They don't know how though, but isn't a vagina a good thing
Yeah, I would say well not if you got one as a brain
Do you realize jellyfish lasted 350 million years without a brain? Yeah, but they don't have Google you can't find
Who gives a fuck about jellyfish? Yeah, they sting you they're assholes. Yeah, what are they can't even eat them?
No, you can't can't even eat jellyfish. No
useless
The pardon. What do they do? What's good is just No, you can't. You can't even eat jellyfish. No. Fucking useless.
What do they do?
Pardon?
What do they do?
What's good as jellyfish?
They just float around and they sting other fish to kill them.
Assholes.
Yeah, and they fuck with you when you're at the beach.
Yeah, and there's some weird fucking super ancient life form.
Correct.
That we've really moved past. 350 million years.
We've moved past you people.
Well, I mean, hopefully we've moved past.
Yeah.
Hopefully, you know
But they know global warming
Is a joke too
The jellyfish do?
Yeah
Oh
So you
Well this is a thing
I've had this conversation
With people before
Because you know
If you have anybody
On a podcast
That is saying anything
Controversial
Like you're saying
About global warming
People go oh my god
Can't believe you had
A climate change denier
On your show
But you're not a climate
Change denier No What you're saying you're not a climate change denier.
No.
What you're saying is that it's an exaggerated effect that human beings have had.
And regardless of whether or not we had that effect at all, if you look at like the end of the ice age,
you look at all these different monumental changes in the temperature of the United States versus the temperature of the world globally.
Globally.
It's constantly changing.
Yeah.
55,000 years ago at the South Pole,
it was two degrees
Celsius warmer.
My wife and I have also been to the magnetic
North Pole. We were married there as well. We're bipolar.
We were married both in the South.
Why do you get married in weird spots?
For fun?
Yeah, for fun. My wife and I
have renewed our vows six times.
Jesus Christ. You must really love that lady.
Well, I do.
I do.
I do.
But the North Pole is, they all look pretty much the same, but most people don't realize
the South Pole's on a mountain.
So you're at the altitude, you're at between 10 and 14,000 feet.
What country is the South Pole in?
Antarctica.
So Antarctica's the South Pole.
It's a mountain.
And what's the North Pole?
The North Pole is just moving ice.
Just moving ice.
So there's no actual land mass?
No, no.
So you're just on the ice?
Only three to six weeks a year can you actually have a facility to be able to land a chopper
and have a ceremony at the North Pole.
Is that a normal thing where people get a ceremony on the North Pole?
No, no.
Sally and I are
right now the Guinness Book of Records
is going through the witnesses. We're the only
two people ever to be married on both poles.
Do you realize
the Guinness Book of Records, their scam is
they charge you money. How much?
Well, to get on the preferred list
a thousand pounds.
Hmm. What's that dollars?
Uh, fourteen hundred bucks. Thirteen hundred bucks. Hmm. Most people don dollars? It's like 1,400 bucks,
1,300 bucks.
Hmm.
Most people don't pay it
and most people don't get in.
So you have to pay money
to get on their stupid book?
Correct.
So even if you did something
like say if you jump rope
for three days straight
and you made
the Guinness Book of World Records
you'd have to pay to get in there.
It'd take you six,
seven years to get on.
What?
Yeah.
Why?
Because that's their model.
So they're just had to make money.
Yeah.
What a bunch of fuckers.
And this is probably the first time that anybody's ever told anybody on public medium.
We've had like four firsts on this podcast.
I'm pretty proud of that.
You and me.
Yeah.
We've had, right?
You've said quite a few firsts.
Well, I want to say another one.
Okay.
My pet project right now is trying to put together a veteran program that I'm funding.
I put up all the money.
I don't want anybody's money.
But so far, even though I had one of the world's largest talent agencies, and I had 10 of the top 15 production companies say that vets don't make good TV.
Now, they won't say that in public.
What do they mean by vets don't make good TV?
Veterans don't make good TV
unless they're wrestling around in the mud.
That's what I've been told
by some names that you probably know even.
And I've been told by four-star generals,
names that positively everybody on this podcast would know. I've been told by four-star generals, names that positively everybody on this podcast would know.
I've been told by congressmen, senators.
I've been told by TV personalities, moving heads,
that all come out for vets,
except when they're asked to do something,
and I don't want their money.
So what kind of stuff are you talking about, like do something?
Okay, well, I mean, will you be on an advisory board
saying that putting vets in business
after they try to transition from the military to civilian life
and try to reduce the 22 vets that commit suicide a day, you know?
And on CBS they'll say, yeah, yeah say yeah yeah but when you ask them to do something
they're they're they're not as um generous with their time and um i could understand
if i was asking them for money but what i found out joe all these guys save a few still need to
make a living and they're not going to get paid for this.
So they have less time, pro bono time and charity time than they let people on when they're on CNBC, et cetera.
Right, I see what you're saying.
Okay, so I've been asked to do a documentary expose.
I've been asked.
I haven't said I was going to do it
because I don't really need that kind of publicity.
But about this show that I've been trying to do.
Now, what is the show?
It's called Boots to Suits.
Boots to Suits.
Okay.
So taking them from the military and then teaching them how to be successful in business.
Five pilot programs at the castle where I do my seminars with vets.
Sometimes we make them.
You have a castle?
Is that what you're saying? When you say at the castle, is that your house? Yeah, make them. You have a castle? Is that what you're saying?
When you say at the castle,
is that your house?
Yeah, yeah.
You live in a castle?
Yeah, I live in a 14th century
storybook castle.
Get the fuck out of here.
Where is it?
Scotland.
You don't have to tell me.
You live in Scotland?
Yeah, yeah.
Near St. Andrews.
Jesus, why do you live in Scotland?
You live all over the place, man.
Yeah, because I wanted to be
near the home of golf.
When I retired,
I tried to retire in my 30s.
And just play golf?
Yeah, but it only lasted a couple months.
Retirement didn't suit you?
No, no.
Yeah, you don't seem like a guy that can retire.
No, no.
It didn't suit me.
It doesn't suit me now.
I haven't had to work for 37 years.
Now, how did you get involved in all this online stuff?
Because that's how I found out about you, and I found out about you through Tom Segura.
I mean, I got involved online because i own businesses that market online but you're a great online advice guy yeah oh no no i mean uh five of the top online um money
producers on the planet i trained like who are the top five guys well um matt lloyd um
shakir hussein i feel like this is like he's telling me about all stars in a sport i don't Guys. Well, Matt Lloyd, Shakir Hussain.
I feel like this is like he's telling me about all-stars in a sport I don't follow.
Pat Popius.
Oh, Pat.
Shakir, Pat.
I know those dudes.
No, I don't.
These guys make $3 to $7 million a month.
Jesus.
That's a lot of money.
I hope you're paying taxes, boys.
Pay that tax.
You know? Especially now. I know one of them for sure believes in no taxation without representation.
Oh, one of those guys, huh?
Yeah. In fact, almost all of them are that way.
Really?
Yeah.
But I trained them, but I didn't train them.
I know about impressions and traffic. I understand all that.
But when Google changed their algorithms 10, 12
years ago, they used
to want 100 guys
that produced 100 million online.
Now they want
10 million guys that
produced 10,000 online.
And so that's how they built their platform.
And
Google is a great tool,
but a better tool, in my judgment,
for what I do is LinkedIn.
Yeah, LinkedIn is some shit
that people from high school always send me.
I'm like, bitch, I'm not joining your LinkedIn page.
Huh?
Are you on LinkedIn?
No.
No, but I get, like, invitations to join LinkedIn
more than anything I ever get online.
Okay. And I don't join. Well, I I ever get in online. Okay.
And I don't join.
Well, I mean, LinkedIn is a professional thing.
I know.
That's why it's ridiculous.
Yeah.
They're sending that crap to me.
But you're professional even though you pretend not to be.
I pretend?
Yes.
Hmm.
Interesting.
Is that your perception?
Yes, it is.
I'm pretending not to be.
That's your shtick.
Oh, my shtick is that I pretend to not be professional?
No, no, no.
Your shtick is you pretend to be outside the box, when I believe that you're more inside
the box than these melon heads listening know or realize.
Well, what do you mean by in the box?
I mean, you have some... I know you're a libertarian, if my research is correct.
Yeah, pretty much.
Okay. And I realize, but I mean, you believe in some real down-to-earth values that are actually in the box that made America great.
Long time.
Would you disagree?
Yeah, probably.
Define those.
Like, what do you mean?
define those like what do you mean uh you've talked about um we've talked briefly about um commitment focus honor work discipline yeah yeah for sure that's what made this country great well
that's what makes people great well okay well people make a country comfort is not what makes
people great no and uh the uh getting out of your comfort zone is the reason the millennials have
such a hard time now yeah they're all sitting on the couch playing video games.
And they're still living at home when they're 34 years old.
That's true.
I can't believe that.
When I was 18, I couldn't get out of the house quick enough.
But don't you think that that's sort of like what we always expect from the fall of civilizations?
I mean, that's what we always were taught about Rome, right?
That Rome got to be incredibly gluttonous and then it all collapsed into the weight of its own bullshit.
Yeah, correct.
And you don't think that's going to happen to the U.S. or America?
I think it's happening right now.
Absolutely. I couldn't agree more.
But do you think it can be changed? Can it be turned around?
Anything can be changed if we want to do it bad enough we're willing to pay the price to action.
It's going to be painful.
Well, I think people just need to understand that there's consequences.
There's consequences that you pay to constantly seeking comfort and avoiding discomfort and avoiding hard work. And those consequences are
you're never going to feel self-realized. You're never going to feel like you accomplished anything.
You're never going to have this feeling of understanding that difficulty and struggle
and the ability to push through that is a muscle. And you develop that muscle by doing it. And once
you do, you develop a lot of self-satisfaction.
And you develop peace of mind.
And you understand that you can overcome obstacles.
If you don't have to overcome obstacles, you never know whether or not you can.
Like what you were talking about with trigger time.
Unless you are faced with actual adversity, you don't understand how you're going to feel and how you're going to react when you overcome that adversity. One of the things I believe that I'm the best on the planet in doing is I get you to do
what you don't want to do to be what you want to be.
What do I need to do?
Tell me what to do.
Well, I don't know.
You know, this is the first time I ever met you.
You know, you're an enigma inside a, what's that saying?
A riddle.
Yeah.
Wrapped in secret sauce.
Correct.
Something like that.
Yeah.
And the, but so, I mean,
hopefully this isn't the last time I'll ever talk to you,
but I mean, you're an idol to, you know,
several million people.
Those people need help.
I'm the wrong guy.
Yeah, well.
Keep moving.
These are not the droids you're looking for.
Yeah, and,, what I do,
and before I, they put dirt on me in 50 more years is I want to minimize people's regrets.
Okay. And because we all have regrets. Uh, and I told you what my three regrets were, uh, earlier
in your program here, but I mean, uh, the minimize the millennials will have a different sort of regrets.
Right now, for the past seven or eight years, we've had free money. Interest rates have been
free. It's literally free. A hundred years from now, they're going to say, what the fuck were
you doing when they were giving away free money? I mean, literally. The people that are listening
to this, 20 years from now, their children and grandchildren are going to say,
Grandma, Grandpa, what the fuck were you doing other than having your thumb up your ass during the period of free money?
Now, when you say interest rates are free, are you talking about business loans?
Correct.
I mean, it's never going to get, well, it can only go up from here.
And Yellen, the head of the Federal Reserve, has already upped them once
and she says,
I guess she's going to up them
a couple more times.
But historically,
interest rates ought to be
8, 10, 12.
Not 2, 3.
Right.
If you can't make
a business proposition work
at 2 or 3% interest,
so you pay one or two points
over that,
which is the vigorous
or the interest
that they get.
You ought to,
and I only mean this metaphorically, kids.
You ought to swallow a fucking revolver.
Wow.
Strong words.
Because now, if you can't make money now,
you ought to jump in front of a bus.
Now, when you go and do these seminars, like for that.
I only give them at the council.
I don't give seminars around the world anymore.
I stopped that in 2000 when the century changed.
But you just did this speech
for this guy, right?
A two-hour speech.
That's not a seminar?
No, that's not a seminar.
I'm just doing it.
I guess they'd call it a solid.
Okay.
Is that the right word?
A solid?
You're doing a solid?
Yeah.
Does that mean a favor?
Yeah, yeah, yeah.
Okay, I'm doing a favor for the guy.
But so the seminars
are only at the castle.
Correct.
People have to come to your castle.
Correct.
And when they do,
what do you work on them?
Well, they fill out about 120 pages of copious paperwork on them,
psychological profiles, a bunch of other stuff. And do you have someone go over that or do you go over that? I personally.
How many people do you do this with? 20 to 24 per seminar. Wow. And how long, how many days is a seminar?
Eight. Eight days. So the first thing they do. And you have to dress in a suit. You have to dress in a suit.
And it starts at eight in the morning
and goes till midnight. Jesus Christ.
So you're basically going to sleep, getting up,
going to work again. Correct. For eight days.
Correct. Wow. And
they can't... I have two
gymnasiums at the castle, but they can't use
a gymnasium unless they earn it.
You have to earn it. Yeah.
In other words, you have to show me something that you got a more than a uh jellyfish brain hmm the last two seminars didn't have any
gym time no gym time no hmm no gym time so they just didn't earn it yeah they didn't earn it
we had only about half of them cried the last seminar. Only half? Only half. How come?
The others maybe had a pair. I don't know.
When they cry, what are they crying from?
The buttons.
The emotional buttons. We have two bank accounts in life. You as well.
We have an emotional bank account and a
financial bank account. Okay.
Most people are not successful, not because they
run out of their financial bank account.
They're not successful because they run out of the emotional bank account.
Interesting. How so?
Okay, I'll explain a little addition to that.
People come to me for either they're inspired or desperate.
Even the few people that think they're inspired aren't.
They're desperate.
I'm the last town saloon.
You have tried Tony
Grant Cardone
Jay Abraham
you've tried
every motherfucker
that walks
that tells you
it's easy
to be successful
I tell you
just the opposite
it's a motherfucker
to be successful
and so when you
come to me
and I look
through your
psychological profile
and I measure you
day by day
sitting there for 14 16 16 hours a day.
Then you have one hour of private time with me, and I go through this, you know, why you're really
here. I ask you, what's the most defining moment in your life up to today? I mean, coming here.
What's the most defining moment for your siblings? What's the most defining moment
of your parents? Why do you think it's defining
oh my dad got out of jail for the last time you know okay we've had convicted murderers at the
seminar convicted murderers i did their time you know as long as you're not an obvious and i'll
get in trouble for this obvious um uh crossdresser you can come to the seminar.
But what if you're like a non-obvious cross-dresser?
Well, I mean, you wear your regular clothes you should be wearing.
In other words, if you're a man dressed like a woman, you've got to dress like a man.
But what if you're a man who really looks like a woman and he's dressed like a woman?
Well, then if we don't know it, I don't see him naked.
Okay, as long as you don't see him naked.
Yeah, yeah. I understand. You just don't know it, I don't see him naked. Okay, as long as you don't see him naked. Yeah, yeah.
I understand.
You just don't want any disruptions.
Correct.
You don't want any aberrations, anything that's weird that gets in the way of what you're trying to teach.
It's going to be weird anyway.
Right.
I mean, when you see a grown man bigger than me sobbing uncontrollably, I mean.
But what causes them this emotional bank account that you were talking about?
You have a financial bank account and an emotional bank account.
Okay, I'll give and an emotional bank account.
I'll give you an example.
Okay.
A guy who was raised in a whorehouse.
His mom is a whore.
He knew that his mom was a whore since he's a 6, 7, 8.
He still lives in the whorehouse.
How old is he?
26.
Jesus Christ.
How old is his mom? i think 50 no she like oil or just like i've never met her i don't know going down per gallon uh i don't know but she's
the madam now oh i see she's not servicing too many that's crazy and he lives there yeah jesus
now what kind of baggage you think that kid has? Oh, he's fucked. Yeah. Yep.
It's hard.
And what was the worst thing you ever saw your mother do?
You know, tears are streaming down his cheeks.
And I go, he goes, there's too many to count, Mr. Pena.
Do you think about it every night?
He says, yes.
How did you know, Mr. Pena?
How do you not know?
Exactly.
Yeah.
Yeah, and he's successful, the little shit.
Is he?
Yeah.
What's he do?
He's an engineer.
He's rolling up small engineering firms.
Wow.
That's a hard way to grow up, man.
Yep.
But, I mean, if love got the job done,
we'd have a perfect world now.
We'd have no wars if love got the job done. Right. Love get the fucking job done what does get the job done pulling the trigger taking action following your
dream so when you have these guys crying you're just sort of explode exposing to them what
emotional baggage they're carrying around with them that's hindering their professional life?
Correct.
Well, that amongst a bunch of other stuff, yeah.
But that's kind of going to be a good summary.
So by this eight-day pressure cooker that you put these guys through,
when you're making them work all day for eight days in a row,
you essentially establish this is what it's like to try to be successful.
You have to fucking be.
No, not just be successful.
To be high performance.
My market is to turn people into the top, let's just say the 7 billion people on the
planet.
Right.
My market is 700,000.
You want to be one of those 700,000 high performance individuals, you come and see me.
I want to go right now.
Okay.
I'm not even a business man.
No, no, no.
I'm fucking ready.
Last week, the week before last, we made just three announcements of three of our guys.
One guy who is a monkey, looks like a, you know, you were talking about chimpanzees?
Yeah.
He looks like a chimpanzee.
He did a billion dollar deal with Goldman Sachs.
He couldn't spell Goldman Sachs or billion.
And he did a billion dollar deal.
And he actually looks like a chimpanzee.
He's like a, like a short squat guy. Okay, another guy did a $18 billion dollar deal. And he actually looks like a chimpanzee. He's like a...
Okay, another guy did a $181 million deal.
An Australian.
He weighs 200 kilos.
That's a lot.
That's a big fucker.
Big fucker.
That's like 400 pounds, isn't it?
Yeah, 440 pounds.
During the graduation, we went to Edinburgh for New Year's Eve.
He got stuck in the toilet in the bus.
He got stuck.
He couldn't get out.
Yeah.
How'd you get him out?
I wasn't there.
My wife said, why aren't we going on the bus with him?
I said, because shit's going to happen and I don't want to be there.
Literally.
Yeah.
Wow.
Okay.
And another guy, now get this.
He had a closing. He came to me when he was 17 years old he had a closing in washington dc a few days ago when
sally and i were there when you close the financial do you have to have two sources of id now because
of money laundering etc he had a passport a second source of id was a driver's permit because he's not old enough to have a driver's license
he had a driver's permit
and a passport
he did a three million dollar deal
Jesus
he's a teenager
the reason why teenagers do better
is because they have less baggage
that makes sense
they haven't had as much life wearing them down
not as much scar wearing them down.
Not as much scar tissue.
Got some scar tissue.
Scar tissue.
That's real shit, right? Now, if you take a kid, 18, that's got physical attributes, you can train him into being an
MMA guy probably easier than you take a 38-year-old.
For sure.
100%.
Yeah.
Yeah.
Yeah, it's almost impossible.
Yeah.
Well, unless they're a super freak athlete that's been involved in something very physical.
Speaking of super freak athletes, the black guy, Jones?
John Jones?
Yeah.
Is he still around?
Yeah, sure.
Somebody broke, no, he's not the guy that got a broken leg.
No, that's Anderson Silva.
Yeah, yeah.
Anderson Silva broke his leg.
Okay, but didn't Jones finally get beat?
Jones has never lost.
Okay.
The only time he lost was he was disqualified in a fight against Matt Hamill where he was dropping.
It's a really stupid rule,
but you're not allowed when you're on top of a guy
to drop an elbow from the 12 to 6 position.
Yeah, okay.
So he got disqualified,
but he beat the fuck out of that guy.
But he's still around.
And wound up lost.
Yeah, yeah, yeah.
He's on the suspension right now
for testing positive for a banned substance.
And De Silva came back.
Anderson Silva came back.
That broken leg.
I remember seeing that.
Yeah.
Jesus Christ. That was terrible. That's one of two broken legs came back. Anderson Silva came back. That broken leg, I remember seeing that. Jesus Christ.
That was terrible. That's one of two broken legs I've ever seen like that live.
I've seen him on videos before, but being there live.
Can you hear it snap?
I did not hear it snap, but I saw it give out, and I saw him fall down, and I knew what it was.
The first time I'd ever seen it was a guy named Corey Hill.
He threw this kick, and the same thing.
His kick got checked, and his legs just snapped out from under him.
And that time the referee didn't see it.
The referee didn't know the guy had a broken leg.
And we were screaming at the referee to stop the fight.
I was at Mike Tyson's when he won the championship in Vegas.
Oh, really? Wow.
And I was in the third row and De Niro and a bunch of the Italian guys were behind me, DeVito.
The guy that lost, that he beat, looked like he was going to lose.
He looked afraid of Tyson.
Yeah.
But Tyson was hitting with such velocity, the perspiration on the guy's head
was flying over the first two rows onto me in the third row.
I mean, he was hitting like a sledgehammer.
Yeah, when he was in his prime, he was something special.
He really was. There's a really interesting article Yeah, when he was in his prime, he was something special. He really was.
There's a really interesting article I just read about him in Sports Illustrated.
It's fascinating seeing him now at 50 years old, you know, family man doing his Vegas show.
I bet you can still hit.
Oh, fuck yeah.
There was a video of him hitting the bag.
Still terrifying.
I mean, he's still Mike Tyson.
Yeah.
One of the greatest boxers of all time.
The most fearsome heavyweight that ever lived.
In his prime, there was nobody like him.
Yeah, I was on a concord with Muhammad Ali.
And he had his, Angelo Dundee, is that the guy?
He had his entourage with him.
Yeah.
And he was a very nice man, very nice.
I only met him that one time and uh
that's not true i was in the cotton club in 1978 cotton club black nightclub used to be and um
the uh there was a black comedian and i was trying to um red uh red fox red fox
and i'm the only white guy in the audience. And he said something about white
people. So I had been
tuned up pretty good. And back in 78
I thought it was pretty tough.
I stood up and I said something back to him.
Now this went over like a turd in a punch bowl.
I mean, all these people
that are around me, all
the color of Fox.
And so Fox is,
hey, you don't want to come up here.
And so I go,
and then Muhammad Ali was sitting about six tables over
and he protected me.
He said,
we got to let this white boy alone.
I mean, we don't want a problem here.
So then I say,
well, you don't have to protect me.
I just was an idiot.
Just a silly young man.
Yeah, yeah.
And I tried to pay the bill
and Muhammad Ali says,
no, your money's not good here. Your money's not good here. And they kicked you out. Yeah, yeah. And I tried to pay the bill, and Muhammad Ali says, no, your money's not good here.
Your money's not good here.
And they kicked you out?
Oh, no.
Yeah, not forcibly, but-
But they essentially let you know, tonight's over.
Yeah, the night's over.
Take care.
Get out of here with your life.
Correct.
Correct.
But anyway, so, but yeah, I had a big mouth.
Listen, Dan Pena, you've lived a very interesting life.
Thank you.
You really have.
And so if people want to learn more about your stuff, and if anybody ever wants to go I had a big mouth. Listen, Dan Pena, you've lived a very interesting life. Thank you. You really have.
So if people want to learn more about your stuff,
and if anybody ever wants to go to the castle and go through this crazy eight-day seminar,
how do they get in touch with you?
DanPena.com.
All right.
And it's Dan S. Pena is your Twitter handle,
and I put it up on my Twitter.
Yeah, or Google $50 billion man.
All right, buddy.
Because I've created $50 billion for guys just like you, Joe.
Just like me?
Yeah.
All right.
Well, I appreciate you doing that.
Well.
I appreciate you coming on here, too.
It was a pleasure meeting you.
Thank you.
My pleasure.
Thank you very much.
All right.
That's it, folks.
We'll be back on Sunday.
We're not going to be here Saturday, but we're going to do a recap of the fights.
We're going to watch them on Sunday.
So see you then.
Bye.
Bye.
Stem cell.
Yeah, stem cell.