The Trillionaire Mindset - 31: THE JEFF BEZOS INTERVIEW
Episode Date: April 29, 2022THE NEW WEBSITE: https://tmgstudios.tv A special guest visits Trillionaire Mindset this week that you won’t want to miss. Ben and Emil also cover earnings from big tech, whether Biden will ACTUAL...LY forgive student debt, and updates on the Elon Musk Twitter saga. If you listen on Apple Podcasts, go to: https://apple.co/trillionaire Go to https://creditkarma.com or the Credit Karma app to find the card for you. That’s https://masterworks.io/trill to skip the waitlist. See important Regulation A disclosures at https://masterworks.io/cd Go to https://SHOPIFY.com/trill for a FREE fourteen-day trial and get full access to Shopify’s entire suite of features. SUBSCRIBE to Trillionaire Mindset at https://www.youtube.com/trillionairemindset Trillionaire Highlights Channel: https://www.youtube.com/TrillionaireMindsetHighlights Trillionaire IG: https://www.instagram.com/trillionairepod Trillionaire Twitter: https://twitter.com/trillionairepod TMG Studios YouTube: https://www.youtube.com/tinymeatgang TMG Studios IG: https://www.instagram.com/realtmgstudios TMG Studios Twitter: https://twitter.com/realtmgstudios BEN https://www.instagram.com/bencahn/ https://twitter.com/Buncahn EMIL https://www.instagram.com/emilderosa/ https://twitter.com/emilderosa *DISCLOSURE: THE OPINIONS EXPRESSED IN THIS VIDEO ARE SOLELY THOSE OF THE PARTICIPANTS INVOLVED. THESE OPINIONS DO NOT REFLECT THE OPINIONS OF ANYONE ELSE. THIS IS NOT INVESTMENT ADVICE. THE VIEWER OF THE VIDEO IS RESPONSIBLE FOR CONSIDERING ANY INFORMATION CAREFULLY AND MAKING THEIR OWN DECISIONS TO BUY OR SELL OR HOLD ANY INVESTMENT. SOME OF THE CONTENT OF THIS VIDEO IS CONSIDERED TO BE SATIRE AND MAY NOT BE CONSIDERED FACTUAL AND SHOULD BE TAKEN IN SUCH LIGHT. THE COMMENTS MADE IN THIS VIDEO ARE FOR ENTERTAINMENT PURPOSES ONLY AND ARE NOT MEANT TO BE TAKEN LITERALLY.*
Transcript
Discussion (0)
Well, hi everybody, welcome to the Trillionaire mindset.
We've got a bit of an unconventional start here because we are unfortunately waiting
for Ben.
He's stuck in traffic somewhere on the 405, I think.
But we have a special guest today and I know he's only got a little bit of time.
So we're just going to go ahead and get started without Ben.
I hate to do this because I'm sure he's he would be thrilled to talk to this man
We've we've got
Jeff Bezos here to he has a new project. He wants to promote and he wants to he wants to
Do a trillionaire mindset exclusive. So here we are Jeff. Thank you for coming
Thank you for having me. It's an honor to be here on your show
I understand that you've got very limited time available, but so do I and I just thought it would be great to come out and promote
The new project that I'm working on. Hey, sure. We're happy to have you. Thank you so much. Your name again remind me please
I'm a meal. Are you a prime subscriber?
My brother is
Okay, so kind of does that mean that you share password?
Look Jeff, let's not get into that all that because that would be all right
I just wanted to thank you but in this case
I'd like to extend my thanks to your brother for being a prime subscriber. I'll pass it along
I tip my hat to him
In fact, I'm my hat to him.
In fact, I'm just going to leave my cowboy hat off because we are indoors after all.
Sure. I'm not without my manners.
Sure. Some people think that I'm quite rude,
but it's actually the opposite.
Who thinks that?
I don't know. Some of my critics on the internet
would assert that I'm some sort of evil,
evil man because of my large amounts of wealth.
But it's to the contrary, I'm actually quite charitable. For example, the other day,
I was stopped at a red light in the back of my Chevy suburban. I was being driven to
the airport. And a homeless man came up and knocked on the window and I just said no thank you.
I sure I guess that is polite I wouldn't go as far as charitable well I did I did give him a dollar.
Okay, it is it's the least I could do truly the least you could yes. I was surprised that I had a dollar, but I did give it to you.
Is it mostly big bills for you?
Yes.
Right.
Right.
Anyway, so the reason that I'm here.
You're here to promote a project.
Yes.
I'm very excited about it.
I want to say this.
So ever since I left the CEO position at Amazon.com,
I've been focusing as you might be aware
on my space exploration company, Blue Origin.
I've heard.
Yes, and it's been very successful.
Well, but some would say kind of so, so.
Really?
You've only went to half space, almost space.
True, but there was still low gravity,
which for me counts as space.
But anyway.
You're an interesting guy, Jack.
Thank you very much.
It's been a long career for me,
and this is what I'm hoping will be the pinnacle
of said career.
Oh, your new project.
My new project, yes.
So I've prepared some slides here to walk you through what
my vision is because it's quite a larger picture. You see with Amazon.com, we were able
to bring people products that they love at an affordable price. And no, go ahead, Jeff.
I just got something in my throat. Jeff's got something caught in his throat,
or we're just giving one to him.
And an affordable Amazon enables people
to get their products that they love
at an affordable price and lickety split.
Lickety split.
With prime subscribers, obviously they get
two day shipping free or one day shipping free.
And I believe that this is greatly benefited humanity so far.
But, and Amazon Prime Video definitely brings people entertainment.
Yeah, sure.
Okay, one for that new Lord of the Rings.
It's the most expensive television show ever produced.
Yeah, yeah.
You know what that pays off for you.
Me too.
You really are changing the world.
I like to think so.
But where were we before we could get toothpaste in a day?
Well, you would have to leave your home
and you would have to drive to the store.
Yeah.
Which some might say is a bit of an unpleasant experience.
Right.
Coming into contact with other people.
Yes.
But so most people don't know, rather, most people praise me for having a long-term goal.
For example, in 2001, at the height of the dot com bubble bursting, Amazon dot com shares
had fallen 85%.
But we didn't falter and we focused on the long term goal of getting more subscribers
and just being an awesome company.
Totally positive.
Customers there was first.
So now, but the goal was to always make enough money to be able to bring peace and unity
to all of mankind.
Always, since day by. Always, yes. to be able to bring peace and unity to all of mankind.
Always, since day, always.
Yes.
When you were like, I want to sell books online.
Yes.
It was just the means to a bigger thing.
Okay.
Because I love my fellow man.
And everybody always says,
Jeff, you could solve world hunger.
You could solve homelessness.
Correct.
But my goal is bigger than that. Because you can
solve homelessness and hunger, but you still have war. And I my goal is to create the
Jeff Bezos moon shrine to unite humanity. And that has been my soul focus, not only during
my final twilight years at Amazon.com, but now with Blue Origin
and my immense wealth, I have a plan to unite humanity with this moon shrine.
You're going to unite humanity with a moon, is this some kind of shrine on the moon?
This is exactly what it sounds like.
Yes.
Yes.
You're very smart, Camille.
Are you sure you wouldn't rather be an engineer
or something at Amazon?
Oh, I think I'm okay here.
Well, shoot.
Looks like we missed out on some prime talent with you.
Really?
Good, Jeff.
Thank you.
Anyway, so I'd like to walk you through my plan here.
So I've prepared this, it's a brief slide show.
There's only about five slides.
Now, did you make this or did you have some kind of
lackey over it?
Oh, I had a one of my employees make it for me.
You keep almost slipping when you say employees.
No, I don't think that that's accurate.
But let's please look at the first slide.
So, do you are the blueprints for the shrine?
As you can see, that's the moon.
And then we've got the shrine with some horns
because I'm very into animals.
And I believe animals are just as much a part of humanity
as humans.
Because it is a symbiotic environmental relationship
that we all have together.
And even though the animals will not have the level
of consciousness necessary to understand what's going on, that we all have together. And even though the animals will not have the level
of consciousness necessary to understand what's going on,
they will be a part of this unification of humanity.
So you can see the A on top of the shrine,
which stands for Amazon.com, yes.
Yes.
And then, so is this an ad?
No, no.
No, but so we've got our shrine and it's within a glass dome and at the entrance
of the glass dome is a decompression chamber because upon I am going to be setting foot
on the moon, right?
And obviously I'm going to have to remove my space suit for what comes next.
Why?
What comes next?
First, I want to walk you through the rocket.
So there's the rocket.
Can we go back just for our audio listeners?
You have a, almost like a pyramid with horns coming out, some kind of pagan star maybe.
And I don't know know Jeff has also just put
I just like stars
So there's no ulterior motives, but what is the yeah the yeah
Well, oh that's just that's the the part of the symbol for the Amazon calm logo. Okay. It's called the yeah
Okay, so anyway, the next slide please.
This is the rocket, the tip of which carries the pod
for me and the payload.
Please next slide please.
The pod, as you can see, will contain only myself
and my sex robot.
You have a sex robot?
Yes.
Yes.
We, you'll understand in a moment.
So, as you can see, the robot is next to me
and has killer lips, big full lips.
Yeah, it's kind of off-putting.
Yeah, well, I would agree, but I've become quite accustomed
to it because I've been working with my robotics department
to develop this robot for the last decade.
Strictly for fucking.
Yeah, it's cost me about 20 billion dollars.
20 billion on just about you can fuck.
It takes a, well, you can't fuck it yet, but you can fuck
it's mouth.
Anyway, so I'll be going up in the pod with my sex robot.
Please next slide, please.
And now for the ritual.
So you're familiar with all the different types of nuts, right?
And I'm not. No, right? Like, no.
No, no, no.
No, good guess.
No, I'm talking about, you know, your first time masturbating,
that's a special kind of nut.
That's the origin nut.
Oh, coming.
You're talking about cookies.
Yes.
Oh, yes.
So I'm not going to bore you with the details.
As I'm sure your audience bore you with the details,
as I'm sure your audience is familiar with all the various types of nuts.
Trust me, our audience.
Yeah.
Very familiar.
So, what's going to happen is,
I'm going to nut on the moon in front of the whole world.
Okay.
I call it the Angels nut.
Okay.
The Angels nut, because I'm a man of considerable wealth,
I no longer... I no longer pull out the nut myself, so to speak.
What do you mean?
I no longer self, you can't come.
Well, I don't do it myself, because why would I, when I could just, when I could have a robot or my wife or any
consider, any number of my employees.
Man, people just don't want to work anymore.
People, well, that's debatable.
But anyway, the ritual will be that the robot
will get down as you can see, the robot will be on a knees
assuming the position.
I wish there wasn't graphic displays of it,
but well, thank you for bringing them.
The image is meant to help paint a mental image of what's going to happen and how it's
going to unite humanity.
When I engage in the angels nut, all of humanity will be broadcast as you can see on the
next slide.
It will be broadcast worldwide for everyone to see.
My reasoning behind it is because, listen,
pleasure is the ultimate human experience.
Would you agree?
I know.
Ah, yeah, sure.
Thank you.
I would agree.
You're scaring me a little bit, so I don't want to say it.
Don't be frightened.
There's nothing to be afraid of.
But I believe that engaging in the most pleasurable experience
in front of all of humanity
at the hands of the most expensive sex robot at the mouth, I should say, of the most expensive sex robot.
You're not even gonna have the vagina ready for this thing?
There is no vagina.
There's just a mouth.
Is it because it's kind of a genderless...
It's because the robot has to spit.
Okay, maybe you can hang on.
Just, okay, so it's gonna be a sucking thing.
Yes, there's going to be a hot plate.
A hot plate?
A hot plate.
Yes.
So just to recap here, you're gonna fly to the moon.
You're gonna land on the moon.
Yes.
And you're gonna enter into your domed shrine.
Yes. And take're gonna enter into your domed shrine. Yes.
And take off your space seat.
Correct.
And you're gonna have a sex robot with you this whole time.
Yes.
More of a blowjob robot if you ask me.
Hell yes.
Ha ha ha.
Ha ha ha ha.
And then what happens?
You're laying down in front of the shrine?
Yes.
I'll be assuming the position, again, for all the world to see.
Sure.
And the angels not will make everyone say,
wow, if that's possible, what else can we do here on Earth?
Do you understand?
Not really, but...
That is upsetting.
Oh, that was the end of it.
Pretty much.
Jeff. Yes. You think you're gonna inspire billions of people by going and get sucked off on the moon by a robot?
Do you have any better suggestions?
Invest in Earth.
This is an investment in Earth.
Everyone will be witnessing it. It's the most beautiful experience a human being can have.
And for all the world to see it once, they'll all be united at once.
So why does the robot have to suck? Why can't you fuck?
Because that's so expensive.
Do you have any idea the costs associated with creating sex parts on a robot?
I figured 20 billion could buy you a robot-y.
Well, you don't really know much about robotics
or the finance system.
I'm surprised that you didn't let you have this show.
Ha ha ha ha.
Ha ha ha ha.
Well, I guess that's it.
That's my whole presentation.
I've got to go, I've got to go on to many other shows.
Yes, I don't want to be a naysayer.
Okay.
I just don't know if this is going to have the effect
that you think it is.
Well, they doubted me when we, they doubted me when we first launched Prime.
I said, who is going to pay $120 per year for two day shipping?
And I said, just you watch.
Hey, you might be right.
You came to me in like 1995 and said,
I'm going to sell books on the internet.
I said, buddy, hit the bricks.
They also said the same thing about that show,
that hit show we had, Stinky Baby.
That is true.
Were you involved in green lighting Stinky Baby?
Hell yes.
Hell yes, Stinky Baby is one of our best media properties.
Yeah.
I hear the horn.
Yeah, I think you're suburban might be
a hunking horn for me.
So we'll tap.
Yes?
I want to, I want to thank you for coming by and giving us
this exclusive.
Namaste to you.
And into your co-host, your absent co-host.
I really wish he could have been here.
I know he would have had some questions for you.
Please send him my regards.
And look, I know I said I'm not the biggest believer,
but I hope it goes over like gang busters.
Thank you.
Well, that's not the only type of busting
that could be taking place.
That I can assure you.
Anyway, I really appreciate your time.
And once again, I thank you for being a prime subscriber.
My brother.
Oh, your brother, right, correct. anyway. Thank you for listening to my presentation and be sure to tune in in exactly one month when I'll be launching to the full moon. You know I'll be watching you get sucked off. Okay. I'll tell you one thing. I won't be able to turn away, but I don't know if it's gonna inspire me, but I'll be watching. I think that you'll be surprised. Ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha I'm not fucking late! I'm not fucking late! I'm not fucking late!
I'm not fucking late!
I'm not fucking late!
I'm not fucking late!
I'm not fucking late!
I'm not fucking late!
I'm not fucking late!
I'm not fucking late!
I'm not fucking late!
I'm not fucking late!
I'm not fucking late! I'm not fucking late! Ben wait till I tell you what just happened
Jeff Bezos stopped by really wait that was today. Yeah fuck all days of all the days that I had to get my car washed
Why'd you get your car wash? It was so dirty and
Then also I got stuck in the traffic on the 405. Okay, so he said he had this new project.
Wow, he was on for 16 minutes talking about that?
Is that all?
That's wow.
It felt like this cowboy hat behind me.
It felt like maybe we did a couple hours.
Yeah.
Buddy, you'll just have to watch the interview.
I guess so.
He's got quite the new project coming out.
I was going to thank him for allowing me to be a prime subscriber.
Oh, hey, he would have thanked you.
I'll tell you what, he does love his prime subscribers.
Yeah, yeah.
Yeah, he sure does.
It's good to have you, pal.
He was really giving me the creeps.
Thanks.
He gives me the creeps sometimes too.
Hey, Glenn.
Please check out the disclaimer in the description box.
You're going to see more in the disclaimer.
Should we come clean and tell them that we have found out that the
after hours will not be a Glenfree zone?
Oh yeah, but that's fine.
It's still in essence a Glenfree zone.
In essence is a Glen Free Zone. In essence it's a Glen Free Zone.
Because we're not talking about like,
stocks very much at if at all.
Sometimes we are.
Yeah, sometimes we are.
And if we do, it's gonna get glensered.
That's funny.
I stole that from Alex.
You did?
Did you see the cut he put,
oh yeah, when you didn't think he put glencerd.
Hey so I'd like to apologize to everybody for that um it didn't go how I thought it would go
why because I thought it would be way funnier than that. I really did and at the
whole time I'm like this is so fucking stupid. This is so dumb.
That was, you were laughing, I guess.
You were probably more laughing at the bald cap than anything.
It was, we'll see, maybe people will like it.
Hey, Ben, you had an idea.
Sometimes you gotta try it.
Yeah.
You know, failure makes us stronger.
Yeah, I just feel a little humiliated, but whatever.
It wouldn't be the first time.
That's why when Jeff Bezos was saying that pleasure is the ultimate human experience.
Yeah.
I would argue, struggle.
Ooh, yeah.
And, you know, if it doesn't go over well, we'll get him next time.
Thanks, pal.
I appreciate that.
Imagine our subscriber numbers just absolutely plummet.
They're like, no, fuck this.
Well, speaking of subscribing, please subscribe if you haven't.
Yeah, we're good.
Please don't leave.
We're about halfway to Funky Town.
Yeah.
No one's leaving when there's a kiss on the line.
No, yeah, we gotta, don't forget.
Yeah, we get to 25,000 subscribers on YouTube.
It's gonna be a kiss time. And then also 100,000, we get to 25, 50,000 subscribers on YouTube. It's gonna be kiss time.
And then also 100,000, we get our Newtie camera,
calendar, Newtie calendar, which would involve a camera.
We were also on.
Newtie camera, this is camera, do Newties.
We were also on Brook and Conner's podcast,
yesterday. Oh, you got to go check out that.
Go check that out, It was very fun.
And yeah, go into TMGStudios.tv and sign up
if you want to subscribe and get that sweet, sweet, sweet, sweet
sweet sweet books content.
This will be our second week of after hours content.
We can do whatever we want.
There's a very fun intro.
Hold different vibe.
Yeah, you're gonna want to check it out.
And remember to comment, like, subscribe, all that shit,
all that garbage.
Follow us on...
Great five stars.
Comment nice to follow us on social medias.
Boy, you want to get right into the first topic we got there
about climate scientists that themselves on fire?
This was, I asked if we could put it in because...
It's important.
I also, it was just weird to watch.
So a climate activist, Wind Bruce, set himself on fire.
I think it was over the weekend in front of the Supreme Court
in protest of the climate catastrophe coming.
And the government's ineptitude and unwillingness to...
Inaction.
Inaction, thank you.
It was rough to watch because a lot of people didn't even,
a lot of the headlines didn't even kind of
name
Climate as a as a cause some just said someone said himself on fire some just said
You know some talked about mental illness and I don't think it was that the guy
seems like a
very cool guy is a Buddhist and he, I was reading other Buddhists talk
about him and there's a thing about, you know, when you do this type of protest, when you
set yourself on fire, it's because it's, it means like you are trying to convey the
ultimate message. It's something that you think is of the utmost importance. And so I
urge people to at least read about the guy, WinBruce.
It happened there was another guy, I'm blanking on his name, I think, David Bukiel in Prospect Park 2018.
Also said himself on fire.
Yep, same thing.
Jesus.
He's a lawyer.
For a climate change, he did this?
Yeah.
He covered himself in gas.
That's right. That makes it. That's quite the protest move. I mean, change, he did this? Yeah, he covered himself in gas.
That trash, that makes it.
That's quite the protest move.
Yeah, but it's tragic.
We talk about it a lot on here.
I wanted to make sure people at least, you know,
read into it, see, look, this is coming.
I mean, everyone who's under, I don't know, 50,
it's like something we just have to constantly live with,
this fear of this
That climate changing man. It's horrible. Yeah. Did you ever see first reformed?
No, what is that? It's a pulse rate or movie it came out Ethan Hawke isn't it?
Everyone should go watch it. It's about climate change kind of
But also there's another thing if you if you feel very helpless check out check out scientist rebellion. It's about climate change kind of. But also, there's another thing, if you feel very helpless,
check out Scientist Rebellion.
It's a bunch of scientists who, for decades,
everyone's telling us, trust the scientists, trust the science,
and they have started a new collective of,
they're doing more aggressive approaches to protest.
They were the ones who,
they were the ones who handcuffed to themselves
to the Chase bank.
Ah, those guys.
Chase offices in downtown LA.
Good place to donate or support.
Those scientists, they need the money.
We need to fucking do whatever we can.
They gotta buy gas to get to the protests.
Gas is expensive.
You gotta get to the protests somehow.
I'm sure they're riding their bikes or something.
Probably, you're exactly right.
They're pocket mulching.
Do you remember that episode of The Simpsons
where Lisa falls in love with a hippie protester?
No.
He goes, you mean you don't pocket mulch?
And cut to a close-up of him with mulch and trash
in his pocket?
Cause he's just that dedicated.
He's like a level five.
But what would the pocket mulch do?
I don't know.
He's just, you got a mulch everywhere you can, I guess.
Oh, he's throwing the mulch out.
I guess.
I don't know what he's doing with it.
Anyway, speaking of the Simpsons,
Joe Biden's got waning.
Well, this whole, this, it lends itself to this.
Climate crisis is, it's, it's, it's funny background noise for people freaking out
about the youth support for Joe Biden plummeting.
Yeah.
I wonder why.
I wonder if it's because everyone in politics is over the age of like 60 and therefore is
They're not going to be dealing with the kinds of policies that they're enacting
Yeah, and putting in place now in 20 years. They're not going to be doing maybe if they live to be 80 or
I love the the CNN article Joe Biden's numbers are collapsing among a group you really wouldn't expect. Really? I wouldn't expect young people to not be supporting.
Well, maybe it's from young people on the left.
Is that what it is?
No.
Young Americans have turned on Joe Biden.
That's the shocking finding of a Gallup analysis of its polling over the breadth of Biden's
term released this week.
In the early days of Biden's presidency, in an average of six and 10 adult members of
Generation Z, those born between 1997 and 2004,
approved the job Biden was doing.
During the period spanning September 2021 to March 22,
that number had plummeted to an average of just 39%.
Oh, Bobo, I wonder why.
Does it say at the bottom, what does it say at the bottom?
Very, very bottom.
They're just trying to figure it out.
What explains Biden's precipitous drop off among young Americans? It's hard to pin
point anyone reason, but there's one reason the delta between what young people expected
out of the Biden presidency, particularly when it came to dealing with COVID-19 and what
they got is substantial. Yeah, well, I think Joe Biden and the Democrats thought their
job was like, let's just return to normal after this whole Trump mess
I think that's not enough for people. Yeah, it's kind of the whole reason in 2016 that Hillary had so much trouble
They were like the whole campaign was basically like
If you guys loved eight years of Obama and people were like we actually did and it was kind of tough on us
That she was like well, then you're gonna love four years of Hillary and everyone was like,
no, we kind of want something different.
Yeah.
And she was like, shut up.
There.
Democrats are very,
they are embarrassing and they are the establishment
and Republicans are just fucking spineless.
And I mean, they're all the same.
They're all one and the same to me.
Obviously, there are differences between party lines
and Republicans adhere to certain, quote unquote,
principles and Democrats have theirs.
But at the end of the day, it's all the same fucking cookie.
And it's just a moldy shitty cookie.
I mean, that we all got to take a bite out of. Yeah, they're all- and cookie and it's just a moldy shitty cookie.
I mean, that we all got to take a bite out of.
Yeah, there are.
Have you liked that analogy?
You see politics are like a cookie.
Well, it needed to turn her famously got in trouble
because she went on, she got interviewed
and she was asked if she was gonna vote for Joe Biden
over Donald Trump and she said something like,
I don't know, it's like, they both seem like two bulls of shit that you're making me eat.
Yeah.
Yeah, I don't trust any of them anymore.
I mean, I feel like they're all, like when I say they, I mean, the ones in charge right
now, the Democrats act like, oh yeah, everyone loves us and supports us and everything's
fine and we're doing a great job and it's like, no, we all know that you guys are just, it's
the same shit.
And well, what they've done is because like, they both, everyone knows they both serve corporate
interests.
But what the Democrats have done to be like, here's how we can distinguish themselves is
they've taken up those like social causes, right?
So it's like, you know, the know the yard sign people in this house,
oh yeah, we believe love is love.
Yes, we trust the science.
Yeah, we fucking, what else do they say?
Just all that shit.
Right.
But you know what's not on there?
What?
Any sort of economic message.
Any sort of like support for labor.
Any sort of, there for labor any sort of
There's nothing on there about their empty
Pop post you what is it posturing? No, yeah principles. No something some word I'm not someone help me out in the comments. I don't know no, but there's a word for it like statements are
But yeah, I love those signs just in front of a big fucking house
Like hey everybody look we're we're the on the right side of things. Yeah, fuck yeah, okay. I mean us to but chill out
Us to us to I he did say that he's looking into cancelling student debt and everybody
Oh wait, but not according to friend of the show. Oh, oh, okay. Wait. I forgot to tell you about this
What so we here can we click the link for the Biden looking into?
So this, I think you sent this to me.
Yeah, just in.
President Biden just told the group of lawmakers he's looking at different options to forgive
most, if not all federal student loan per CBS news.
I think it was at a, like, Latino house Democrats.
But, and this is from No Lie with Brian Taylor Cohen, you sent
to me.
That was thrilled, stoked.
Yes.
Oh my God, could it actually be happening?
That's the most multiple people.
But when we did our little student loan episode, remember the guy we were making from Forbes
magazine, Jack Friedman?
Yes.
Well, I was googling around to find out like what the word is on all this. And my God Forbes, this guy's whole job is to just like poo poo.
Yeah.
No Biden is not canceling most student loan debt.
And I was like, maybe this is an old article and it's not.
It came out April 27th.
This guy, he's got a whole department at Forbes.
I mean, there's a whole contingency of people out there who have had student loans and paid them off.
They're mostly like boomer, nah, they're like younger boomers, Gen-Exers, who are so against it.
Look at all of his articles.
Yeah.
His whole thing is like loan.
It's interesting because I, I blessed to not have any student loans. It's interesting because I blessed to not have any student loans. I
didn't. I went to a cheap college and my grandma paid for it and so did my
parents, but it would change my life if he did it. Yeah. I'm coming in here. I'm
wearing a tuxedo. If he if he if he if he cancels them the next episode. I'll
take it. Listen, if they want to cancel student load that,
why don't they just dig up some of the student load that's old tweets.
Very good. Very good. Thank you.
I'll take that. I'll take that monthly payment.
And I'll march my ass down to get a nice tuxedo.
Yeah. Mm-hmm. I won't talk shit about Joe Biden anymore.
Well, for like a month, there will be some more,
there will be a Joe Biden moratorium.
He'll say that he's gonna do it and say it'll be a flood.
Kind of like the, I keep spinning all over my head.
I cannot imagine him pulling this off.
He's such a, wait, this reminds me.
I want to watch just even just like 10 to 15 seconds
of this video of look under his 10 to 15 seconds of this video of
Look under his waning youth support this video of Biden
So when posted I think it's got to be from like 20 years ago because I think it's in the lead up to them going to
War in the Middle East and I was I don't even know what he's talking about because I cannot pay attention. It's just wild to hear him
Talk When he was younger.
Yeah, just a complete different guy.
And for they've been telling us like, no, no, no, he's always been like this.
Yeah, just listen to like, okay, I respectfully suggest that
responsibility slightly above your pay grade.
Slightly above your pay grade.
To decide whether or not to take the nation to war.
Totally different guy. Yeah. Or to take the nation to war part way or to take the nation to war half a half way.
That's a real tough decision. That's why we can't make the big. We can stop. Yeah. He, um, I mean,
he's, he's being kind of a smarmy prick there. He's a, he is for sure an establishment politician.
Like, oh, dude. Goddamn.
The amount of things he has been behind that,
when they were trying to sell him after the collapse
of every other presidential campaign,
like, I mean, the amount of times
he's tried to cut social programs,
like the 1993 crime bill, the fucking, I mean,
they used to call him the senator from MBbna instead of the senator from Delaware because he was bna
mbna was the
They they own Bank of America now. They're huge
They used to call him the senator from mbna because he was from Delaware where all those corporations are located and
Everyone was like he's only up to serve his corporate interest
Isn't it while the Delaware is a place that exists?
How often do you think of Delaware?
How often do you meet someone from Delaware?
But how often do you think of any state?
Often.
I'll give you a state you tell me how much you think about.
Okay.
Iowa.
I mean sometimes.
You think about Iowa sometimes.
Yeah, why?
Potatoes and farming and shit. I think you're thinking you're thinking the horn middle America corn is what I meant
Okay, yeah
Illinois Chicago
Outtime Chicago all the time I was just thinking of Illinois the other day you were just think oh yeah
I was like damn, man. They're so awesome
Minnesota. Oh, yeah, the timber wolves
It's a basketball team. It's cold there at shaped like an anvil. What else you got?
Come on, son.
Hold on. I'll give you one. Oh, no, no, no. I was like, damn, that place is road island. You mean wee me. So is Delaware. Yeah, but road island is like an island. Wait
I got one for you. Okay, New Hampshire. New Hampshire. Sure.
Yeah, it's right up there. It's right next to math math
I will say I'm trying to get you mm-hmm, but as I'm saying them
I'm like I probably do think about them more than Delaware. Yeah, cuz Delaware fucking sucks
You know what I'm just gonna say it Delaware sucks. I
Have you ever been no
I've been why would I go there what's in Delaware? Do we beach?
I've been why would I go there what's in Delaware? Do we beach?
Really is that real is that real do we beach Delaware? Come on
Come on Come on there's also University of Delaware a
Fund like a scam a fun little hippie town called the Newark instead of Newark
How do you know so much about Delaware? What the fuck?
You just listed three things about Delaware, a state that you admittedly never think about.
I think every American in their private time should be in some states.
Oh, okay.
It is your American duty to if someone says a state to you, you should be able to name
at least three things about it. Okay, name three things about New Mexico. New Mexico.
They've got Santa Fe. Great little town. Okay, that's one thing. Near it.
Touse. Very nice little nature town. They've got skiing in the winter. Okay that's three things you passed all right. Let's get
We're killing time here
Delaware sucks
Sorry, I won't subscribe to that sorry that Delaware is probably fine Delaware rocks in fact
I'd like to change my position
Delaware rocks
Tech earnings are fucking happening right now.
Amazon's are fucking happening.
Mr. Bezos is probably gonna be,
I don't know if he's gonna be happy or sad
because at the end of this recording,
they will be reporting earnings.
We don't know what they're gonna be yet.
So they're probably good or probably bad.
We really don't know.
Apple too is gonna be reporting. Google reported
They were down big
They had weaker than expected YouTube ad revenue apparently
Don't blame us. Yeah, I sit through that thing the whole time. I go Google needs their money when it's when it's our show
We and we click the links and we do all this. Yeah, we do everything possible to get every last
Click the links and we do all this. Yeah, we do everything possible to get every last,
pff, pff, pff, milking, every last little scent.
Microsoft beat all around.
They had good cloud numbers
because everything's in the fucking cloud.
They were up.
I never think about Microsoft, right?
But there, I know it's,
there's still a monolith.
Right.
It's insane.
This cloud shit.
It just came from nowhere. They just a few years ago, everybody's insane this cloud shit It just came from nowhere they just a few years ago everybody's like lose build cloud and then boom
Multi-billion dollar industry out of nothing out of thin air
out of cloud air
literally
There's this called as you as you're yeah, yeah
And then Spotify was another big one they beat on revenues and their subs were up
But apparently their ad revenue was down so the stock was down, but it's already been beat to shit
I believe it's now at all-time lows. It was hanging around like 95. I put on a put spread on it
I bought the 105 put and I sold the 95 against it and
Did okay, but you're doing okay. I did I sold the 95 against it and I was, did okay, but.
You're doing okay.
I sold it too early.
Facebook, aka Meta was up because they had a bounce back
in their daily active users, which is surprising.
I wonder how much of that is attributed to Instagram.
And I wonder when we're gonna...
Then gaining more from Instagram?
I wonder how many of their daily active users
is attributed to you.
It's gotta be like 80%. Facebook is. It's got to be it's got to be like
Facebook is unusable. I know it's terrible. There there seems to be zero moderation on anything
I was because the one thing I actually used to like it for do you know what it is birthdays? No
Marketplace. Oh, it was actually a pretty great way to find like if you don't want to
Hello, is this item still available?
right
But even that it's taken over by
Not bots, but like traditional retailers. Oh, and I'm like how the fuck do I filter out?
Yeah, I just I want a guy who's in silver lake. I want to drive up to his nice house
And buy his trash from him
You know what I mean? I want to go in part. I just want to say people message his house
Yeah, and he's getting a new dining table and I can have his old shitty one
Which is still nice for me sure. I want to communicate solely via the suggested
Which is still nice for me sure. I want to communicate solely via the suggested
Tax that you send like the click high is this item still available. Yes, I'm still here. Yes, I'm still interested
Great would you accept?
I sold a bed once
Yeah gross. No a bad frame
less gross and literally it was a full and just every message was, is it a queen? Is it a queen?
Or I'm looking for a queen.
I'm looking for a queen.
And I...
Cool.
Good luck.
Yeah.
But then I took screenshots of all that I'm looking for a queen.
And I, I never actually did it, but I just put them all together and that was going
to be like, aren't we all?
Funny.
Thanks.
You left to describe a... together and that was gonna be like aren't we all? Funny. Thanks.
You left to describe a, something you kept in drafts.
Yeah, but that sounds like a good draft.
You should have posted that.
Thanks.
If you still have it, I suggest doing it.
You know who, fuck dude, this one was interesting
and I actually, I tried to play the bounce
a little bit this morning before coming in, Teladoc.
You remember Teladoc?
Is that the doctor's appointment online?
Yes.
Okay.
It was like, I think it was like over $300 a share during the height of COVID,
and this morning it traded down to $30.
$30, fucking dollars a share on earnings.
And they had, okay, so this is an interesting thing that you don't come across often.
They had what's called a one-time goodwill impairment charge
of over $40 per share, like $6 billion of a write down.
So do you know what a goodwill thing is?
So when companies merge or you're being bought,
you buy a company at a premium,
part of the reason you pay for the premium
on top of just what the assets say you buy a company
for $5 billion.
Okay, I buy a company for $5 billion.
They've got $4 billion in assets.
So what is that extra billion that you're paying for?
This is a very simple case of it,
but that would be called the Goodwill,
which is like the brand name is worth a billion dollars on top of the assets that you've already got.
And sometimes with the passage of time, whatever asset you acquired might have gone down
in value, especially if the brand name isn't as worth anything.
I think so much for the Goodwill.
I know he shouldn't have paid.
Fuck.
Are we doing take backsies on the Goodwill? I know, he shouldn't have paid. Fuck. Are we doing take backs, he's on the goodwill?
Sorry.
Done deal.
But they, I don't know what company they bought.
It might have been a diabetes company.
I know that they bought.
Like making diabetes or fixing it.
Yeah, I'll have to check.
Okay.
But I think, because honestly,
if they bought a making diabetes company,
I would say bad move.
You guys, you bought the company that makes diabetes.
Unless, look, yeah.
I'm not a business whiz,
but maybe there is a play here where telodoc is like,
we need more patients,
so we need to push out more diabetes.
I wouldn't put it past corporate America.
I would not put it past corporate America
to give people diabetes and twist it in a way that,
well actually it's better for some people to be given the good diabetes than wait to get the bad diabetes.
Do you think there's a cure for cancer but they won't do it because of all the healthcare
revenue?
Buddy, that's a great question.
I don't think so.
That would be it.
Because if that were the case they wouldn't have told that they would have kept by now smoking
would have been like, oh keep doing it, it's great.
You know?
No, come on.
Well, yeah.
All for smoking.
Yeah, think about how much cancer you get.
I bet, I bet, think about how much cancer you get.
I bet healthcare costs from treating cancer
is way more than tobacco sales that you could get from.
Sure.
I'm sure that they would find a way to make up for it though
if they were to come out with a cure for cancer.
Cause then everybody could do their generics
or whatever the fuck, I don't know, who knows.
It would fuck us up man, we'd never die.
Sorry, keep going.
That's true.
Well, so Teladoc had a big one time impairment charge for a mark they had to draw down some
goodwill for whatever they acquired.
I think it was a diabetes company.
Takes away diabetes.
It doesn't give you.
It doesn't make it.
It's the good kind of diabetes company.
Speaking of diabetes companies, I wanted to buy shares in some of you diabetics out there
are very likely familiar with Dexcom.
Do you know what's cool?
Do you even know what Dexcom is?
Do you ever heard of it?
Exactly.
It's like an $80 billion company or maybe $40 billion, I can't remember.
But they make the little like permanent patch.
Does it almost look like there's like a liquid under it?
I think so, yeah.
I've seen people with it on and I feel like- I've seen people like, there's a large contingent of people who post videos of them installing it and it looks so fucking painful.
Oh, there's like a needle under-
Oh yeah, because it's permanently like stuck to your skin.
I'm not good with needles.
Yeah, me either.
Ugh, I would die if I was a diabetic.
I'd be like, all right, you know what? I'm just gonna stop.
Oh yeah.
I just think I just, I can't do that.
No.
Oh, I gotta inject myself or prick myself?
No.
My dad had to, he had like a surgery or whatever
and where it was basically like,
you could drive here every day and have us shoot you
or we could show you how to inject yourself with it.
Does he still have to do it?
I don't think anymore, but I was like, I would die.
Yeah, I would.
There is no way I could stick a needle in myself. No, no way. Oh God, the things that I wouldn't think anymore, but I was like, I would die. Yeah, I, there is no way I could stick a needle in myself.
No, no way.
Oh God, the things that I wouldn't be able to do
if my life depended on it.
But so, okay, so here's the thing.
A lot of, so, wow, I'm like, well, because Kathy would
had a big position in Teladoc and she's just getting
fucking annihilated.
All these growth stocks that were up huge in 2020 are now just getting murked.
They're just getting taken to the wood shed.
Spotify, Shopify, Carvana was a big one.
We do have to send our condolences to Robin Hood.
Yes, they had to lay off like 9% of their workforce.
Terrible.
And that had nothing to do with us.
Don't try to pin it on us. Well, get the fuck out of here
But like Carvana for example was
fucking soaring
And now this week they couldn't even get rid of they couldn't unload like I don't know 1.6 billion dollars worth of like
Bonds they couldn't find a buyer for them. Wow. Yeah, but then some company called Apollo.
I can't turn it out.
I canceled on them.
I was going to sell my car to them.
Yeah, because it's a, as it turns out, they're probably not, I mean, it's a good business
model, but not enough to sustain whatever lofty valuation they had.
Just to go on, Zoom was one, Peloton, sorry, Ryan, Netflix, and then now Teladoc.
And I'm missing, I mean, these are all down like anywhere.
There was a bunch of FinTech ones too.
Outside of Robinhood.
Upstart was, I think Coinbase.
Coinbase.
A lot of them are just kind of collapsing.
Yeah, because why would you put,
why would you invest money in riskier assets like that?
Riskier stocks that have a lot more to prove
when we might be facing
some rough times ahead.
I still think the market recession.
Yeah.
I still think the market is headed for some major pain over the next few months.
So just, there's nothing you can, if you're an adept trader, maybe you can, you'll agree
with me.
I don't know.
Leave it, leave it in the comments.
What do you think's going to happen over the next few months?
Because I personally think that all of COVID's gains that the stock market enjoyed is about
to much like some of these stocks might get erased or maybe not because so many of these
have already been taken
to the wood shed. It's not like they can fall for it, but they can. They can't always.
What will that mean for ordinary people if all that just gets erased?
Like if the S&P drops a hundred points. Yeah, I might.
It would be extremely painful for a lot of people, especially those who are retiring.
There could be a fun couple months. It could be, but, but at the same time, bear markets,
like I think that it would be very short lived.
I think that any big drop would immediately get bought
right back up.
And there'd be so much money on the sidelines waiting
to be deployed that it would just like,
oh cool, now it's over, before you know what it's over.
And we would all get stronger according to Tucker Carlson's new video about men.
Yeah.
Hard times make strong men.
Good times make weak men.
Yeah.
Week men make strong.
I can't wait for my hard times transition.
Yeah.
It would become so strong.
I'll be able to stick myself with the needle after the recession.
We should do, we should make stickers that say hard times make strong men, strong men make good times, good times make weak men, weak men make pancakes.
Hell yeah. I make pancakes. I make such good pancakes.
Or hard men make strong times. Hard men make strong. No, it doesn't work. Cut it. Fuck. Nope. Cut it. No. Thought I had something.
You're the secret to good pancakes like all baking. Follow the fucking measurements exactly. It's a
science. Yeah but what do you use? You use Bisquick? Are you starting from scratch? I'll use Bisquick
but I add in a little vanilla extract,
some lemon juice.
That's not in the directions, my man.
When I say,
no, because you're telling me,
I'm talking about if it says one cup,
you measure that shit out,
and you level that motherfucker off with a butternut.
You know what I would love to be?
A pancake.
Yes.
That on a griddle.
Now that is livin'.
No, that is livin'.
What, what would you want to be?
I would love to be able to cook a real like someone who knows how to cook.
They don't even do any of that.
Like when I asked my mom for a recipe or whatever, she's like, shit, I don't know.
Like she just like, yeah, I would love to be able to do that.
I'm like a mess.
I've got my laptop open on the thing.
Every five seconds, I'm like, wait, how many was it?
Yeah.
I'd love to be just, I need a little ratatouille up here.
Yeah.
Yeah, I'm the same way.
I'm like, oh, three to five minutes in the oven.
Or like four minutes and...
Right.
Exactly.
I'm not going to split the difference.
I'm going to be, yeah, I'm the same way.
And even the recipe will like be like, just do it till it's golden brown.
And then you're opening it,
you're like, is that golden brown, I'm gonna know?
Some might say that that's over.
Yeah, I'm gonna.
But I have people over for dinner,
and I'm just, I'm like a mess.
I haven't been over for dinner with the fuck.
Look, Ben, I've got a life outside of you, pal.
Let me come over for dinner, please.
I'll come over and watch. I'll coach you.
You can do that.
That does look golden brown in me.
Oh, that thing's good.
Yeah, I do need a second set of eyes.
You can be my recipe reader and my color test.
I got these bananas at home that I am just dying
to turn into banana bread and I should not wait more
than today.
So that actually reminds me.
I need some eggs.
You missed the banana bread, but We all did that in quarantine.
I don't give a fuck.
No, no, no.
I got a, I made a good one doing quarantine.
I can brag about you.
I found a good recipe.
I asked Twitter.
They, they showed up.
Did they?
Yeah.
I did ask Twitter stuff.
I asked Twitter for anything man.
They're, they're knowledgeable.
They're good people.
Uh, you know who got arrested yesterday?
Ha, ha, ha, ha, fucking Bill Huang. Explain to me what happened. Okay. So,
all right. Um, can we pull up this first link? It kind of sums it up
and ours. Nice, nicely, gnarcely kind of sums it up.
Gnarly. Oh, fuck, I had a great Twitter thread about it. Basically,
he was, he was playing a bunch of different banks. And none of
the banks knew that they were being played.
He would go to JP Morgan and get like $5 billion in leverage and then he would go across
the street to Bank of America and get a bunch of leverage and he would go to, you know,
other douche bank and get $5 billion and they all thought, oh yeah, you're fine.
You're gonna play around in the stock market.
Go buck wild buddy.
And then he was doing, he was, okay, so.
Just also explain who this guy is.
He is a, he is a fund manager for this fund called Archagos.
And he was just a nobody guy.
He got taken under the wing of a billionaire, like in the 90s.
Man, why won a billionaire take me under his wing?
I'm really hoping somebody takes me under their wing at some point.
But so this fund was kind of not single-handedly responsible for some of the stock gains in the
market in 2021 and 2020, but they definitely played a role. Like this guy was at the height,
they owned huge chunks of a few companies.
There was like, I think they owned like 60%
of this one Chinese company.
I wanna say 30% of Viacom, like a bunch of discovery,
it was insane.
It was like really fucking bananas.
Cause I remember when Viacom was going up and nobody was it was like
Why is via
C'mon going what?
It was wild. Yeah, and then and then it just all within like three days just fully
The bottom fell out and it just got cut in half but so
There he and his XCFO this guy named Patrick Halligan,
are being charged with securities fraud,
wire fraud and racketeering.
They, federal prosecutors alleged the men,
unlawfully manipulated the prices
of publicly traded securities.
So, they're accused of using leverage
to inflate their market positions
that swelled to $160 billion. That's
momentous. That is... How does he not know it's gonna catch up to him? Well, so he
check this out. Bill Huang is a lot like Kathy Wooden that he feels like he's
being guided by God. Jesus Christ. Yeah. Here's a good quote from the the filing.
Indeed, Huang essentially sidelineined his research operation, ignoring their stock
price targets in favor of his own outsize stock price targets, which were often orders of magnitude
larger than what his research operation had determined on its own and unlike his research
operation, based on little or no analytical support. Does that sound familiar?
Sounds a lot like Kathy Wood to me.
They're both extremely religious.
They both, I don't think they go to the same church.
But he's like.
If you want to be guided by God, please go ahead.
Yeah, unless you're ripping people off.
Yeah, then I don't think he was,
he was ripping off banks for sure.
Actually rip off banks, that's kind of tight.
So because he was so highly leveraged
All it takes is a little drop in the stock that you are leveraged in and then it just kind of
Snowballs from there to really in simple terms, but so he was getting around
I
Can't remember what I think it's if you own 5% or more of a company you have to disclose it in filings so to get around that you would go right up to the threshold and then use swaps how he would use like options and shit basically to buy more and
It was just this whole fucking thing and then all the banks at once
Once they figured it out what was happening and they were all being not played against each other But it was like okay, we can all collectively like figure out how to unwind this together or it's every man for himself and
Golden and sax was the first one out the door. They were like all right fucking bye
And and then it just started this
Waterfall I think do it, I can't remember who,
I think Deutsche lost like $10 billion on it or something.
It was, you famously had Deutsche Bank.
You don't even go back.
Credit sui, sorry, suffered the most
with about $5 billion in losses.
Where do you land on Credit Sui's?
They're neutral, I'm neutral with them.
Yeah.
Yeah, as a, okay, here's just these two things.
He allegedly used
derivative securities that do not require public disclosure to hide the size of
arcagosa's market positions as a result investors were unaware arcagos
dominated the trading of a few select companies including discovery
communications and myacombscbs yeah so when prices for these stocks fell they
could not meet its margin calls in the firm's counterparty suffered significant losses.
It was just he lost 20 billion dollars of his own money of his own money in like a few days.
It's a lot of people, yeah, God bless them. A lot of people, a lot of like professionals were saying that this is probably the largest loss of someone's money
in history.
Like a person.
Yeah, $20 billion, gone.
Just fucking poof, because he fucked up.
Speaking of fucking up, we gotta talk about him.
I know.
I will say, after this, I don't want to talk about him for I know I will say after this I
Don't want to talk about him for at least three weeks. I really don't either. I really fucking don't either
This is the problem. Yeah, he just won't go away. He just won't go away
There's nothing we can do. There's really no way he won't let us live
I don't want to talk about this fucking guy. Maybe we should just accept it and lean into it and say that he is good.
He is good.
You know, there's one thing that I will say about him.
Say it.
With all his wealth, it would be one thing if he was like
pulling a Bezos and buying a $1.1 billion yacht
or like buying an island or mansions.
He doesn't do any of that.
I will give him that credit.
He does not go and flaunt his wealth.
No, he's even worse, dude.
He claims to crash at people's houses.
Imagine being the richest man in the world
and you're his friend and he knocks on your door
and he's like, can I crash?
You're like, come on, man.
I get shut the fuck up.
My kids are sleepy.
Yeah.
It's even worse.
At least Jeff Bezos has the, you know,
decent seat to have a home.
Yeah.
I don't know if you saw it.
He's also a freeloader.
Yeah.
Fuck out of here.
He fucking sucks.
Well, of course you saw it, because I sent it to you,
but then, and you're on the internet.
But last like over the weekend, when was it?
I don't know, like, it's not there.
It was last Friday, I think.
It was last Friday.
The bill gates thing?
Yeah.
Bill Gates apparently, the text message has got leaked
between Bill Gates and Elon Musk.
Bill Gates was asking Elon if he would do some philanthropic
thing, and Elon's response was,
are you still short Tesla?
Cause like asking if he was still short Tesla stock,
cause apparently Bill Gates was short Tesla.
And Bill Gates said,
I think regrettably, I think I am.
And Elon said, well, like fuck off.
Then I won't help your little climate project.
Yeah. And which he said was because if you are shorting Tesla, Well, like fuck off then I won't help your little climate project. Yeah, and
Which he said was because if you are shorting Tesla therefore you don't support the
You don't support the most serious company doing anything about climate change. Yeah
But Elon asked if he still had a half a billion dollar short position on Tesla half a billion by the way, let me do the math here. Tesla being a trillion dollar company.
It's a small portion. It's a thousandth. So it's a tiny fucking portion.
And he said that he hadn't closed it out, so Elon told him to get lost. And Elon, sorry, but I cannot take your fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- fill- philanthropy on climate change seriously when you have a massive short position against Tesla the company doing the most to solve climate change.
Can you say what you you responded to someone's thing on twitter and i liked it.
The thing about the guy oh yeah i'm talking about how he's so dedicated to climate change and everything.
Yeah i said if he was really that dedicated to climate change he'd be doing everything possible to encourage better city planning and public transportation and all these things.
Publicable cities.
Yeah.
Walking.
No, it's because like also Tesla, it's good.
Electrification of cars is good.
Sure, but to be clear, they are not like carbon neutral.
I don't think they will release all the information,
but they are huge emitters, the whole process of everything
that goes into Tesla.
Yeah, because you gotta go mine rare earths,
cobalt, lithium, nickel.
I think it is better than the internal combustion engine,
but it's still just, it's, it's,
he's being such a fucking baby.
The fact that, okay, first of all, it's not,
I highly doubt that Bill Gates is at home on his computer,
going short, $500 billion,
$500 billion?
Million, million dollars worth.
Yeah, half a billion dollars worth of Tesla.
Oh, it's his fucking, he's got wealth managers that handle that. Right. He's been jumping over chairs,
my man. He's busy. Yes. He's busy riding on the Lolita Express. Oh, man, imagine him
just showing a 15 year old. Do you want to see me jump over the chair? She's like, I want
to go home. Sir, I just need to rub your feet and then I could go home.
Sure, but Jeffrey said if I rub your feet, I get to go home.
How, how tall are you about seven, 60 inches?
Well, this chair is about 50 inches.
So I could leap over you in a single bound too.
As he's taking off his stupid pants, his shoes and his shitty underwear with a little stain in the butt.
But someone said Elon is not saving the planet, he's saving the auto industry.
That's a very astute observation.
Yeah.
It's just being short your company at a trillion dollar valuation is taking advantage of a perceived
Descrep discrepancy discrepancy in Ben. I don't I'm not in a with you my brain in here my brain. You look to me like
Is that the one?
I'm so fucking tired today. I'm trying. I don't know. I apologize to everybody that I my brain is just like I after this before we do after hours
I'm getting a cup of coffee because baby brain is my boy.
I'm gonna fuel up. I'm gonna. Yeah. I'm gonna put some gamer fuel in me.
But wait, wait, so
What if what if what if Tesla was worth $20 trillion and
and someone shorted a billion dollars?
Well, then you're not serious.
You're not serious about the company shut the fuck up.
Like, it's just how fragile is your ego?
Very fragile.
Okay, so wait, go on.
What?
We didn't even tell the big, I mean, it's not not even news everyone knows what they want us to actually talk about is
He went through with it. He bought Twitter. Oh, yeah, 44 billion dollars. Yeah, and what's interesting? Well, it the offer hasn't been accepted
Yeah, like fully it because obviously because the but I can't imagine the board not accepting it right
What's gonna be funny and interesting is Twitter announces their earnings today and
after hours. And if it's a nasty reaction and if the stock drops to say $35 to share,
who knows? It's probably not going to drop that much. But basically, I think Elon at
this point is overpaying for it. First trouble is he says it is, he's overpaying. I think.
I don't think you can really put a price on buying out Twitter. I mean, he's paying for it.
He's gonna. Good will. Yeah, I'll tell you what. There's extra value on that. I mean, that's
the thing. I was wondering where you're going with it in that. In that he's different
than Jeff Bezos. And I was like, in what way? I mean than Jeff Bezos and I was like in what way I mean Jeff Bezos obviously
owns the post and that's it's weird if you're gonna be pissed about this it's fine but at least no
because I've seen people on MSNBC calling end of days like well what happens when Elon decides
he doesn't want to do X and it's just scrubbed
from Twitter. Like, you're going to have a billionaire, and it's like, my man, you're owned by
Comcast. You don't have journalistic freedom or integrity. It's very odd watching. I mean,
I included a link just because I got curious and I was looking for it, there's a little Harvard did a study through, and they just gathered all of,
basically every major knew that,
and who they're owned by.
And it's just everywhere you look, it's billionaire.
Oh, right, yeah.
It's just, I mean, honestly, it's probably why you've seen
a huge success in stuff like podcasts and independent media.
I think, you know, they, they, they, they,
sub stacks, they love to like shit on Joe Rogan,
but I think people feel like, uh,
and I'm talking like corporate media.
I think corporate media takes aim at Joe Rogan a lot.
I mean, he's this like huge, I mean, I don't even know
how many listeners he gets.
It's a million.
It's crazy.
I think they, it freaks them out, right?
Oh, no, they're not listening to us anymore.
They don't want to.
I mean, why would you want your news
from a fucking billionaire?
Yeah.
Uh, I think what's weirdest about this whole thing
is in the culture war that we are now fully need deep in.
I would say waist deep at this point.
Everybody's picking sides. It's like,
okay, there's the hard line right and left and the right has fully claimed Elon. And part of
the reason why they're praising him so much with this is because it triggers lives and it pisses
off liberals. And I wanted you, I want to watch this TikTok. The people love Elon TikTok because people,
it's just the weirdest thing to be so loving of Elon Musk.
Can we play that TikTok?
Of course.
This message is for Elon Musk.
We love you, Elon.
Oh wait, is he joking?
No.
No, this is a joke.
Hey, Elon Musk.
God, I just say, yo, I joke. Hey, my mom. God, I see you. I know what I'm doing.
It's a matter of work. Thank you.
Hey, read it on my...
The sea window, electric car.
I said you to charge.
Shocked, dreamers didn't always work down my...
Wait, what?
Hey, that month.
I love you.
What is this? And your money.
So that's a joke with that.
I don't think that that's a joke, buddy.
Dude, what?
Do any of those people look like they were joking?
Do they look like they...
What the fuck was that?
That was people who love Elon Musk.
Because they eat.
I don't, but why was it all...
Because they don't understand that.
You just broke my brain. I know. My brain has been broken. I don't understand that you just broke my brain?
I know my brain has been broken.
I don't think that was real.
That was 100% real.
Why did they do that?
I love Elon Musk.
I know your money.
They love they think he's, you know, oh yeah, get the oh yeah, this.
So yeah, well it's richest man Elon Musk.
Cause he's homeless and rotates among friends.
But this is great.
So this is a screenshot from Facebook,
this headline from the independent world,
which is mainly Elon Musk,
because he's homeless and rotates with, yeah,
like you just said.
But then this comment from this guy is,
so it just sums it up.
The most significant human on earth in a thousand years.
I would give him my house if he wanted it. I would be honored
Fuck
What is
What is going what is happening? I?
If you guys the under a hundred million dollars, I feel like you should want to kill this guy
He's on track to become a trillionaire like what is he gonna give you that makes you love him so fucking much?
What do you think he can do?
I've been a lot of that.
If people can't even afford a Tesla.
Of course they can't.
That guy, I could barely understand him.
Wait, I think he said something about if you win the election,
which is, first of all, what?
In a second, he said,
I really don't afford my something treatment.
Did you see the thing about Elon basically advocating
for indentured servitude for people to go to the moon?
All right, to go to Mars.
No, but that's right.
He basically advocated for,
God, I wish I pulled it for this.
You, I mean, I'm sure that that's what it was.
Yeah, he basically, he was basically like,
everyone would be able to go to Mars.
There we can have programs where if you can afford it,
there's a, you can go and work and you can slowly
pay off your debt for travel.
And it's like, whoa, we're going so backwards.
Yeah, I just, I'm, I do, okay, so I, I, I know,
we gotta wrap up.
So we're, we gotta wrap up.
We also are trying to keep our episodes,
our free episodes, the, the length. Don't worry about it. Yeah, but I, you don't have to publicly tell anyway, but I want people to know that you know, we're not trying to
Look the long the the main episodes are always gonna be 60 to 90 minutes. Yeah, they're always where yes
That's it hell yes the problem is that we have a very tight turnaround and we have a team here
You don't have to explain yourself. I know people don't- I know the wasting time and I'd rather talk about it later.
Okay, right, okay.
You wanna talk about it later.
Like, we don't have to fucking explain
to everyone how logistic-
I just don't wanna people understand
there's a lot of moving parts here
and it's gonna fucking go back.
I'll explain it to you.
We have so much to talk about.
So what happens is, no, no, yeah, you're right, we do.
Uh, okay, we should wrap it up, though.
Jesus Christ.
I gotta go check on the dog, I gotta pee,
I gotta get my fucking coffee.
We barely even scratched the surface of Twitter.
What else do you wanna say about Twitter?
Forget it.
It's a mess.
The deal doesn't make sense.
He's leveraging a ton of his Tesla stock potentially.
That's a huge point.
Like, if it dips more,
yeah, and the details are still unknown.
Because if it dips more,
he's basically-
He could be on the hook for this,
yeah, this alone. He could get margin called dips more he's could be on the hook for this yeah this alone he could get margin called
because he's basically saying hey here's all my Tesla stock and it's worth
X amount of money I'm gonna take out loans against this right but
he only took half of it out on loans yeah he didn't take out like he took out
over 10 billion is being speculated although I gotta say what ever whenever
you're like oh Elon has all this money Why can't he like solve the X problem? Everyone's like it's not liquid
Yeah, they seem pretty liquid right now
Seems like what right now when you can take out loans against it
But what's frustrating? This is the last thing I'll say I fucking bought put options against Tesla for this week
And this is why you always stick to your plan because yeah, yeah, I mean, like, I don't remember, a few thousand dollars.
If I had held on, like my plan was originally to hold on until at least the end of this
week, I'd be up like 25 thousand dollars.
That is lunch money, my man.
I'll lunch today, pal.
No, lunch today.
Reaten fruit roll-ups for lunch.
I hate fruit roll-ups.
I love them.
Give me that shit by the foot, in fact. Okay. Anyway, stay tuned for after. I'm not going to be a part of it. We're going to be a part of it. We're going to be a part of it.
We're going to be a part of it.
We're going to be a part of it.
We're going to be a part of it.
We're going to be a part of it.
We're going to be a part of it.
We're going to be a part of it.
We're going to be a part of it.
We're going to be a part of it.
We're going to be a part of it.
We're going to be a part of it. We're going to be a part of it. We got Marjorie Taylor Green clips, we got, uh, fucking, Ben's got an insane TikTok you want to show me, you want to even fucking show me?
We're gonna talk about Brock and Michelle Obama losing their spot if I do. Let's gonna be fun. Get in there.
Anyway, we love you very much. Thank you so much for watching.
Alright, bye.
Listen, goodbye.