The Trillionaire Mindset - 4: Exposing Trump’s SPAC w/ Noel Miller

Starting point is 00:00:00 We'll share it for just getting hammered this morning. Alright guys, it's episode four, oh here it is. What happened? I'm out of breath. Yeah, I can see that. We got a lot to cover today. You're like a cartoon character. This is how people are out of breath, right? In cartoons, I think. I showed up in the smallest hoodie.

Starting point is 00:00:50 I went to the store and said, give me the smallest hoodie you got. Yeah, you got to find some kind of weird long and tall. Wait a minute. What? You got to lower myself here a little bit. Oh, man. Sorry about that.

Starting point is 00:01:03 Yeah, I'm okay. We just have so much to cover today. It's a week full of so much news. Right. So we got to get right into it. You want to enter? Welcome back to the what a trillion. Trillion. Welcome back to the Trillionaire Mindset episode four. Yeah. We got us. I'm a meal. I'm Ben. Stay tuned because we got a very special guest. Very special guest. His name starts with N and ends with O.L. Nice. Yeah, it's very subtle. We just wanted to take a moment to thank you all viewers and listeners. For the weird DMs, the nice comments. Yeah, we appreciate it. The likes and subscribes,

Starting point is 00:01:39 the five stars. You guys are doing it all. Keep it up. Keep it up. Yeah. Follow smash. Oh, I do want to make a quick note real quick I don't know if you guys can see this This is the top business podcast on Spotify right now if you can see we've we've fallen one place We were number one now dare to lead with Brunei Brown is no one. Yeah, I don't know who that is But now we're number two and you know who's number three? Can you guys see that? Who? It's the Stanford graduate school of business. Oh, those nerds, it's a man. I'm gonna need the Spotify listeners to step up

Starting point is 00:02:11 because these guys are nipping out our heels. Yeah, we don't like that, do we? Seatin' up. Yeah, this is- I wasn't gonna tell you, because I didn't wanna freak you out, but those Stanford guys are pissed, man. I, uh.

Starting point is 00:02:22 What happened? So I was out this weekend, and I- Thanks for the invite. Well So I was out this weekend, and I- Thanks for the invite. Well, I was alone, unfortunately, because I was out, and I just hear behind me, I hear guys talking, and one of them goes, is that Gladys beer jiggly in? And I was like, I thought it was fans, you know?

Starting point is 00:02:38 That's cool. So I was, I turn around to three guys in Stanford, in Stam Stanford Letterman jackets So they they start pushing me they push me outside they're roughing me up one guy pushes me in the dirt There's three of them one of us a hose. He turns the hose on he's getting the mutt He's putting mud all over me and he goes good. That's where you belong. You're a mud person Wow, I'm so sorry you've experienced that Just be careful out there, these Stanford guys are crazy. Yeah, they don't mess around. They think just because they got these letterman jackets

Starting point is 00:03:09 that they're above you and me. Right. They think that just because I went to a... We're the number two though, you guys are number three, don't forget it. Yeah. Hey, just because I went to a state school, doesn't mean much except for I went to a worse school.

Starting point is 00:03:21 But please, keep rating us five stars, leaving reviews, listening on Spotify and Apple podcasts, because if not, Stanford wins. Yeah, and nobody wants them to win. Also check the disclaimer in the description, because you know, we got to do that. Hey, also, Gladysburg, check again. We should clarify.

Starting point is 00:03:38 We don't know anything about her. Yeah, but apparently she's a bad person. Right. And we don't support her politics. She's known as the Koala Killer. Yeah, she's very... I'm also uncomfortable with this artwork. I don't know if it's racist or...

Starting point is 00:03:51 I don't think it's racist. I think it's just, you know, it's a political cartoon. They exaggerate things. Yeah, I've someone with a big nose. I'm sensitive about the characters of... Except your big nose. I have a big nose. I've come to accept it, but I would be heard of someone. I don't care how qualms I killed that. I don't want to be drawn like this. That's true. Yeah

Starting point is 00:04:10 Yeah, she's apparently pretty awful and I didn't realize that there we had such a Strong contingent of Australian actors. We said God's great jickley and the comments went off. They were like She's corrupt the latest bad chick Lee she's awful Go on guys you gotta get you cuz she's not good. She's a koala killer. She's a koala killer. Don't you know god? I I love I love Australian's man. They're the best. I know at least four. I know at least five of them AC DC No shout out to Asher and Aila and Annie. You know who you guys are.

Starting point is 00:04:51 Okay, big shout out to you. Asher's my old roommate and my good friend. He's a sweet boy. So yeah, she's corrupt. She hates the government or hates the environment. Oh, your friend Annie. No, Gladys. Oh, Gladys. Gladys. So no friend of the show. No or hates the environment. Oh, your friend Annie. Oh, Gladys.

Starting point is 00:05:09 So no friend of the show no friend of the show anyway, we Should we bring out that special guest man to just dive right into it? I'm curious who it is All right, should we do should we do a little bit of a an old TV and old SNL intro? Can you do it? Yeah, yeah here we go here we go It's true Minds Yeah, yeah, here we go, here we go. It's truly a little mindset. Woo, yeah! Featuring a meal to Rosa. Oh shit, I can't believe it. Ben Khan!

Starting point is 00:05:36 Fuck that guy. Thanks. Musical guests. Tiny meat gang. They're not really gonna be the musical guests today. We don't have a musical guest Now you the host Is that what he said? Yeah, I guess he would be the host no Here he is

Starting point is 00:06:01 He's got a can a liquid. Yes, and a gift. I Appreciate this is fucked up. I love you guys are as tall as me sitting down. No, but these are tall chairs. Yeah, well I got a gift for you both Just to keep it in the theme I See a lid bag It better be XL for me. Yes. I don't know if they're XL, but. Ha!

Starting point is 00:06:28 Ha! Ha! Ha! You got the same phone, everything. TMP, Jillionaire Mindset podcast, episode four. Featuring the little miller. Yeah, you know, just had to. Oh, yeah.

Starting point is 00:06:40 You had to be consistent. It barely fits on my giant. My giant noggin You look like Logan Roy when he put the hat on kind of I do But I don't have a I don't have a beer. I was thinking more Greg Greg. Oh, yeah God did you see that season premiere of course god? He really ratcheted up though. Oh Okay, the me Mitch is me the the meme, yeah, go ahead. He just said, the memes are pretty good.

Starting point is 00:07:08 The memeage is actually, that's pretty good. Oh boy, you comfortable? Yeah, I was gonna adjust my chair a little bit. I was more thinking about a Kendall Royate line. I could feed you. Kendall, oh yeah, he, you know what? Greg, tell me, am I the fucking man or what? Am I the fucking man or what?

Starting point is 00:07:24 Oh, okay. He's on full manic mode. Yeah. He really is. He's stuck in knife and his dad's back. Let me lift this. I'm kind of manic today myself. Had some coffee.

Starting point is 00:07:35 Just gonna hit the mic a little bit. Man, there you go. We got him. We're comfortable. We're here. Yeah boy, this is a really nice, yeah. This is pretty good. I feel like we're watching a baseball game. Yeah,. This is a really nice. Yeah. This is pretty good. I feel like we're watching

Starting point is 00:07:45 a baseball game. Yeah. Check it out. Yeah. We do kind of look like the ESPN panels. Yeah. Like watching fucking football or something. We, uh, well, we're all wearing blue. Yeah. So it was not in the 90s. No. Yeah. Go Dodgers. Oh, God. Thanks for having me on guys. Yeah. I'm excited. Thanks for coming. I'm excited to talk money. You're a very first guest. Yeah. Yeah, who was that?

Starting point is 00:08:11 I don't know, hung up too fast. Oh, God. Yeah. Well, probably Telemarketers. Yeah, everybody gets those damn Telemarketers. They're definitely breathing. Yeah. I heard they went, there's a quick, this is the well miller.

Starting point is 00:08:25 Can I have a, I don't know. Okay, so anyway, there's a lot of shit that happened. Yeah, I don't know. Oh, baby, there's so much. Well, the first thing was Apple launched these new MacBooks. Who cares, right? I kind of care, I kind of want it. Yeah, I do too.

Starting point is 00:08:42 You know why? Because I felt true. I was so pissed when they put the virtual taskbar thing on the top of want it. Yeah, I do too. You know why? Because I've felt true. I was so pissed when they put the virtual taskbar thing on the top of the keyboard. Yeah. And I'm so glad they got rid of it. They got rid of it. They reintroduced the MagSafe connector.

Starting point is 00:08:53 Oh, did they? Yeah, so that if you trip over your thing, it just pulls right out and doesn't drag your computer down. I like that. So genius to just create FOMO with $3,000 product. Oh, yes. It's a complete waste of money. I don't do anything.

Starting point is 00:09:06 I just like that it syncs up to my phone. I can have I messages, but I'll gladly pay the three. I message thinking doesn't work for me. And it also is so buggy. I will be saying something to someone on, this is me on my laptop. Saying something. Saying something and I'll click send

Starting point is 00:09:19 and it will have sent to a different person. That's happened a few times and that is dangerous. Yeah. Because you could be saying something to your mom that was meant for someone else. Weird. Yeah, like your brother. Oh.

Starting point is 00:09:33 Those are the only people who you text. The only people I text is like, did you see mom? She looks like garbage man. And then mom, oh no, sorry. I don't know. I don't say any of that kind of stuff to my mom. They also launched the new AirPods,

Starting point is 00:09:46 which kind of sucks for me. I got AirPods for my birthday and, oh man, old edition now. Wait, walking around. Did you already take them out and use them and whatnot? Yeah, my birthday was two months ago. You think I just been sitting on them? Yeah, I don't know.

Starting point is 00:09:57 Maybe you'd like to wait. I don't know. No, wait. Keep them like a pair of sneakers. Save them for a spectacle then. When I bought my AirPods, I didn't use them for like a month. Why? You just liked them in the box?

Starting point is 00:10:09 I just was like, I guess I should get some AirPods. And then you didn't use them? And then I didn't, well, because the corded ones didn't work anymore. And I was like, I'll get some, but I just, I didn't have to use them at all. I mean, I took them out of the box, but I didn't actually use them. Wow. And, and, and subject them to my wax. My waxy residue for so long.

Starting point is 00:10:28 Oh yeah, mine are a mess. I don't clean my ears, so it's like. Yeah, it looks like burnt tires. Yeah, people ask the bar on them, I'm like, you shouldn't do that. I'm just asking a borrow AirPods. It's just so sick. If someone has to make a call or something,

Starting point is 00:10:43 and we're in a noisy place, I'm on speakerphone. Yeah, yeah, I think you got to double down. Yeah. I'll let people use my airpods. Did you guys know how much, just how much money, airpods pulling? We got a little bit of a chart pulled up here.

Starting point is 00:10:58 Let's see it. They make more money than, so they make more money than Adobe, Uber, Nvidia, AMD, Spotify, Square, Twitter, Shopify, Snapchat. Jesus. They, they, according to this chart, I don't know how accurate this is because I know, I know that Apple doesn't exactly, but they don't, you can trust that's panda. That's panda is a legitimate source, but I know that they don't, they don't divulge just where their revenue has broken down.

Starting point is 00:11:27 Like how many, they used to say how many iPhones they sold, but they stopped doing that. I really shouldn't eat before I go on here. Yeah, my boy, your house, I'm gonna be fucking, yeah, what you doing? I'm doing some avocado confi. Wow. Which just means like lettuce tossed in there.

Starting point is 00:11:41 Yeah. And that what confi means. I don't think so. Like duck confi, isn't it? Yeah, anyway, there was prosciutto, there was some egg, and it sounds like a trillion or breakfast. It was, honestly, it was quite luxurious.

Starting point is 00:11:54 You cost 20 more freaking US American dollars, man. Jesus, please. Have you seen inflation? And I'm not talking about the stuff that you blow up a balloon with, okay, pal? Or a tire. I'm talking about money. Yeah, this supply chain problem knows no bounds.

Starting point is 00:12:10 Man, this hat gives me all sorts of power. This is what it's like wearing hats. Yeah. This is the first time Ben's had a hat on everybody. I'm more laughing at the fact that Arapod, assuming this is more or less true, some would act here. Arapods make more money than a postmolone, Lil Wayne, Adele. Like every major artist is like sweating it out, trying to make creative, engaging music

Starting point is 00:12:37 and Arapod is like, yeah, the shit that people listen to that on makes more money than all that dumb fucking art you make. Yeah, right? So it was a good idea that like we're gonna stop giving people free headphones with the iPhone We're gonna make them buy these wireless ones. Yeah, they're so easy to fall out of your ear You lose one you might as well scrap them both. Can you buy individual ones? No really? I don't think so. Oh, man I said that was so much confidence. I don't even know they probably I thought you had tried it It seemed like yeah, that's how I delivered it. I once saw a pair of them. I saw a

Starting point is 00:13:10 pair of them in the little box thing, the little cigarette box. Yeah. Like on the ground in the subway in New York and part of my brain, my scarcity brain goes, oh, take, must take. Yeah. Like free, but then I was like, could be a trap. It could be a trap. Yeah. Could be a turd in those things, you never know. It looks like they did. That'd be a very like precise shit.

Starting point is 00:13:34 There's a lot of really, man, there's a lot of people. There is room for a lot of weirdos to get messy out there. Especially on a New York City subway. Yeah, especially if you're spiteful, hateful. You wanna get revenge on society, you smear a little poop inside of an airpods. And all those people nowadays. Yeah, the poop smarrers.

Starting point is 00:13:49 But. So. Oh, I got a bit of a, speaking of airpods. Oh, baby. I got a story for you guys. Tell the folks this story because. You wanna hear a story about airpods? I wanna hear the airpods story.

Starting point is 00:14:03 It's a magical story that involves being horny and buying AirPods. People are really finding out you're a little free. So I'm not a little free, but he's a big freak. I'm a huge six foot three freak. So there was this woman that I went on a date with a while ago. I don't even know, over a year ago.

Starting point is 00:14:24 And we just went on one date. How was the date? It was fine. We went to a couple locations. We ended up downtown. It's this, you know, whatever bar is the highest bar on that new skyscraper downtown. It was fun.

Starting point is 00:14:38 You sound like you're telling it to a cop interrogating you. Yeah, I swear to God. I swear. I had two drinks. I had two drinks. I had a beer and a shot. And that's it. The hat made me feel like he's like a location scout

Starting point is 00:14:49 or something. Like I went to a few spots. Yeah. Like it was gonna be good. Yeah, like you're working on a show. But anyway. So we ended up going back to my place and we hooked up and that was that.

Starting point is 00:15:00 I didn't get to go on a second date with her because I had some scheduling things and I kept apologizing to her for that and she got annoyed with me apologizing. She was like, shut up. She said, sorry, and just go on the second date and I was like, sorry. I can't go.

Starting point is 00:15:17 And then she was like, you know what, dude? Just, I'm not interested. And I was like, all right, fair enough. And we then talked to each other. Oh my God, it's so funny. And then sometime later, months, months and months passed by. And she pops up on like my explore page or something. Yeah. And I see, and I'm like, I remember this girl. She was really attractive. So I look at her story. She texts me within like 10 minutes and goes stop looking at my story and I was like did you say sorry no I didn't I made sure this time I said give me a

Starting point is 00:15:53 break you popped up on my thing I looked your attractive what do you want like come on right and then she was like okay she's we're talking back and forth a little bit and I was like, so should we, you weren't going that second date? How about it? She goes, I don't know. You're gonna have to like, you're gonna have to do something to earn it.

Starting point is 00:16:13 And I was like, then I'm like, all right, shoot girl. What? She said, she said, buy me AirPods. And I said, okay, and at this point, I still didn't own them for myself. So I didn't know, like, I thought there was just one. So I was like, yeah, so just the one kind and she goes, no, the pros.

Starting point is 00:16:33 I'm like, oh, so there's a two tier situation here. That'll sound like the more expensive ones. They are, they're like 300 bucks. So I go on, I asked her for her address. She's like, you're not really gonna do this, are you? I'm like, yeah, I'm gonna do it You better believe it. I'm gonna buy you these AirPods girl queen queen Because I'm a provider

Starting point is 00:16:58 Did you buy them? Yes, I bought them I asked for address I go on Amazon Yes, I bought them. I asked for address. I go on Amazon Beep-o-peep. I put in my Billing stuff and her shipping address. I send her a screenshot and I said I said they're gonna be coming your way She was like in New York or something. She was gonna be coming back to LA. I'm like they'll be there when you get back She was like oh, she said thank you or whatever. And then, you know, kind of, kind of lag luster. Yeah, for a thank you. It was more, I mean, she didn't, we weren't like sexting or anything,

Starting point is 00:17:33 but she was like, you know, it was, it was, even though it wasn't sexting, it was a sexy kind of little, it was a weird thing. And then, yeah, you're her little pay pig. Yeah. Little, I am a pay pay your little first and only time this is never happened little fin dog does

Starting point is 00:17:49 that what going it oh yeah but it kind of did it was to be honest it was kind of you know to get financially dominated yeah a little bit you can be my pay pick if you want what do you want baby you have to do Patagonia slides yeah that would be great yeah you, not slides, but. You know, you can be a pay-pig for two people. I mean, something. Yeah, what do you want? Huck in AirPods.

Starting point is 00:18:10 The new AirPods? The Pro or the regular? Both. Yeah, I'm actually working with an old model. If you want to upgrade me. Well, so then I came to my senses. And I immediately Texted a friend of mine and I told him what happened. I was like buddy I just I told him the whole situation and then I topped it off with and so I just bought her air pod pros

Starting point is 00:18:35 And he goes buddy. What are you doing? Yeah cancel that order now? And I said I can do that. He goes yeah, you just placed it. You can cancel it So I'm like laughing I'm laughing because I know exactly what's gonna happen which is what happened never heard from the girl again in the last I checked she like blocked me on the screen. Perfect Perfect That was that was great though because it's a story now. Yeah, she never got it, those AirPods. But that's where the $3 billion comes from. From Horny dudes, but I'm sure some of their revenue

Starting point is 00:19:11 comes from sending them to only fans, people. Yeah, probably. Or just like Amazon wish lists. Isn't that a thing that some people have? Do you know how easy of a thing that is like, FaceTime me. I can't, I don't have, I don't have, I don't have air pods. My mind broke and my roommates are gonna hear and you know,

Starting point is 00:19:32 I was like, oh, you're not air pods? No. What's your address? What are you doing? Why? When we get you air, oh my God, stop. And then they get the the AirPods and then blocked. Have you ever seen 90 day fiance? Yeah.

Starting point is 00:19:48 It's like full of that kind of stuff. Yeah. It's these poor slubs who are like, this girl lives in Brazil. She doesn't speak English, but she loves me. And I send her $5,000. Yeah. And she's gonna marry me. They don't get married on the show? No. Some of them do. They eventually, they don't get married on the show. But sorry, I said no, because I was thinking of a dude

Starting point is 00:20:10 who sent 40k to a girlfriend in Russia. And then he found out it was like a farming system, where it's just like dudes being girls online. Which this was on the show? Yeah, more or less, like poor guy. He found out that she wasn't real. Oh, I thought this was like a show on TLC where everyone's like, Yeah, it is.

Starting point is 00:20:30 It is, but. Oh, I thought it was like a vetted like sweet show. They get together. Sometimes. Yeah, yeah. Jesus. But there are some where it's like, even the producers aren't sure.

Starting point is 00:20:41 They're like, oh, so this is three you've been talking to. Yeah. That one's super sad because the dude works in a nail salon and he just like, yeah, he works his ass off, you know. Oh no. It doesn't make crazy wages and he's just, just in his 40s. Setting in that money.

Starting point is 00:20:55 And he loves his job too and the customers really love him. He's really, that's what's heartbreaking. Is all these guys, guys and girls are very sweet and they're just love-learn. Yeah. They just want, they just like everyone they're just love-learn. Yeah. They just want, like everyone, they just want to be loved. Yeah. Brutal.

Starting point is 00:21:09 Yeah, totally brutal man. Anyway, don't send anybody air pods. Or $40,000. Yeah, don't do that. Start with air pods. Feel it out. You're gonna have a bunch of dudes listening to this and their girlfriends and be like,

Starting point is 00:21:25 Babe, I don't wanna be a bit of a for Christmas, I would love a pair of AirPods and be like, Nope, I'm listening to the TMP. No, I've seen this. No, I've seen how this goes down. No, no AirPods for you. If you gotta block me, you gotta block me. It's right there.

Starting point is 00:21:39 But, no. Get a job in Grussel or whatever. Is it Grussel the thing? Grind in hustle. Yeah, who made that up? I don't know I think that's the idea. I didn't I've seen it online Grussell what's this new bones no bones thing? Oh, we've seen this dog. It's a dog. Yeah. Yeah, man It happens too fast. Yeah, everything's too fast slow down enjoy the moment. Yeah, please It's the internet baby. Well, what is it some Please. It's like the internet, baby. But what is it?

Starting point is 00:22:06 Some dog where it's like kind of sick and it's been that way for a while. And then the owner like holds it up on TikTok to see if it will stand or like fall down for the day. Oh, boy. Yeah. That's it. Yeah.

Starting point is 00:22:19 That's sad. I think it's hilarious. I thought that it was. So it's like a groundhog day thing, but every day, and whether or not sick dog is gonna stand. Yeah. Geez, the weeds.

Starting point is 00:22:31 What's the dog's name? Are people taking noodles? Noodles? Yeah. That's so good. That's so mean. Genius. Genius.

Starting point is 00:22:38 Ah, noodles. Well, noodles, you got it in here. It's today the day we're gonna put you down. If your dog is that miserable Yeah, it's down on its own. You got to put the dog to sleep man I guess I don't you know, no well. He's got a capitalize for yeah Like if you could okay, here's some trillion our mindset right here If you could turn your grandma into a meme for the remaining three years of her life and make a couple mill Just hold her up and make a couple mill. Just hold her up and let her fall on a futon.

Starting point is 00:23:09 No, you left. No, I'm loving. Cause I was gonna ask, is she in on it? Is she like, yeah, okay, that sounds funny. She doesn't care, she's like noodle. She's kind of just like, I'm on my way out. Do that to my grandma. My friend told me he's friends with someone

Starting point is 00:23:22 with a famous Instagram dog and the dogs old and so He she told him that The dog died and she had bankrolled Content that's exactly. Yeah, that's what yeah, I believe that there's this Japanese dog that I follow called like Totoro or Totoro. It's this fat little puff ball I found out it died like a year ago. Oh, they're still posting every day. Yeah, like I've been phone it To-to-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe-toe think about how you can deal with all the trauma of that attachment, you have to the dog. But then you can just convert that into a business model and like passion, aggression in the market.

Starting point is 00:24:11 CPM. Yeah. And you just heal by way of fucking t-shirts and plushie dolly. Calendar? Yeah, all that's it. That is so tough. Like, you're just meeting that person for the first time. Call of the- Yeah, all that said that is so tough like

Starting point is 00:24:26 Just Meeting that person for the first time like oh, I love your I love your dog account. Yeah, he's fucking dead What? Chicken is dead. Oh, yeah, it'd been dead For how long how like 12 months now? How did he die? He just you know the standing thing. He just didn't do that. He just didn't stand up one day. Yeah. That's so sad. Yeah, it was, but we're like killing it on Shopify right now.

Starting point is 00:24:51 We're doing 20K a month in revenue. Anyway, can I get a photo? Yeah. Well, I don't know why you would want to photo with the owner. I remember, I used to joke about, or not me. Well, I did. I partook in it, but a friend of mine, a friend of mine, every so often would start, try to start a rumor,

Starting point is 00:25:08 the grumpy cat, when grumpy cat was still alive, got killed via crossbow. Oh yeah. Was this the thing or am I mis, am I mis, wait that was a lie? I'm joking. I think he's in Scotland too, it's just like RIP Grumpy Cat got killed by a crossbow.

Starting point is 00:25:28 It's so good. To me that was hilarious. Photoshop pictures are really just, no I'm just saying it and then I would retweet it. You gotta amplify that man. Okay, before we move on, I just have to say, think about the people watching noodles. And think about who are the fucking people

Starting point is 00:25:46 that are like dialed into noodles standing? You know what I mean? Like, there's a certain percentage of idiots that will do that, that will look at that video and be like, it's done today. Some people might be taking bets on whether or not he's gonna stand. Oh, over under.

Starting point is 00:25:57 Yeah, see? By some cops. You see? See? Let this be a lesson to everyone. Anything can be monetized. That's exactly right. Anything. When it has anti inflammatory

Starting point is 00:26:29 property. You know, Madonna is going to put like fake her death so she can sell ashes from her body. Why Madonna? Cause who cares about her anymore? Anyways, what else we got? Let's talk about the earning season, baby. Right? There's yeah, there's so much money. Well, we should chatted. Yeah, well, we'll just quickly cover it. Netflix reported earnings this week. They like knocked it out of the park. Tesla reported earnings.

Starting point is 00:26:52 I think they beat on revenues, but then didn't beat on earnings per share. Who cares? I hate it all time high. Fuck him, I hate that it does well. I don't like Elon Musk for many reasons. We're taking him down. He shouldn't do well.

Starting point is 00:27:05 Like the whole company's a fucking scam. Oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, like lawsuit with solar city? Oh, yeah, cause he was accused of a double dealing. Yeah, basically bailing out his cousin or his brother something like that. Yeah, it's in the family. Yeah, we're going to do a whole deep dive episode on him. Yeah, you know, yeah, we have what is his brother's name? Chilaan. No, it's a Lenin.

Starting point is 00:27:44 It's, it's a he's cowboy hat It's it's he's cowboy hat wearing yeah, yeah Dopey no McCree it's not coming McCree yeah, no cowboy hat We thought it was McCree is from this one video game. Oh, yeah. Oh Kimble Kimble look at him This looks like a player my brothers creative Tesla my brother bailed me out This dude looks like he's gonna be a fucking out. It is a pervert in 10 years Well, I got him right next time with oh shit. Yeah, how did I completely look past that Jeffrey Epstein's ex girlfriend dated Kimball musk? Oh, okay, all right. Well, he's got it in his eyes man

Starting point is 00:28:24 You got that creep factor. He's got those chipmunk cheekbones that you just want to commit to wearing a cowboy hat all the time Can't trust him absolute creep this guy's a sicko. He's playing a character. IRL Scamer guy Anyway, so they reported stocks back at all time highs I read just today that now Elon Musk's net worth is bigger than Bill Gates and Warren Buffett combined. Yeah, good for him. So he should buy both of them. He's good.

Starting point is 00:28:50 Because that's how it works. Hey man, I could buy you both. It's wild. Do you know how many people were valued over a hundred billion before the pandemic? One. One. Yeah, you know how many people now? Nine.

Starting point is 00:29:02 Okay, well this is not a fun fact. I guess. Is it nine? It's like either nine or ten. Damn, man. And that doesn't even include like, you know, the people that you don't know about like, like who don't I know about?

Starting point is 00:29:14 Who don't I know about? It's the name that kept in a Russia. I know, I'm, people don't know my, I'm Rich's Hell. I call Bill Gates Billy. That's like Billy Boway. Yeah. Billy G. You guys are in Coutts? Yeah. That's not Billy Boa. Yeah. Billy G. You guys are in Coots? Yeah.

Starting point is 00:29:27 That's not really Coots. We're just bud. You're just boys, yeah. What do you think? You're trying to think of Russian oligarch? Putin, Putin. Putin? That's probably worth a ton of money, man.

Starting point is 00:29:38 We're like the guy who we killed. I think this might be Americans, aren't they? Probably. Yeah, maybe. Anyway, we also had a WeWork IPOing and Vitacoco water IPO. Oh, what'd they come out of? 15 bucks. What do they have now?

Starting point is 00:29:55 15 and change. WeWork is actually okay. It's like 11 or 12 bucks. Then the other big news is Facebook wants to rebrand themselves to reflect their building of the metaverse. I don't want that. I don't think anybody wants that. You can't buddy back off.

Starting point is 00:30:13 Like Mark Zuckerberg go away. Just go home man. What's the new name gonna be? I don't know. Zucker land. Facebook. Get Facebook. Okay, really?

Starting point is 00:30:22 What would, okay, serious question? No, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no or people entering into we just found out he's a galactic places. You can't stop me. He says, PEI. Oh shit. People entering news, internet spaces. Yes, see? People are entering the internet. Paneus.

Starting point is 00:30:58 Paneus. Oh, that's it for today, guys. Oh, man. That's pretty good. Penis. Penis. So that's what Facebook is gonna be called. And honestly, people would still lap it up if they called it that.

Starting point is 00:31:14 Yeah, no, no, no. Okay, I do think this is worth having a serious conversation for at least 60 seconds about. I feel like he's gonna try to do some like ready player one shit. He's gonna try to come up with some brand name or whoever gonna die tear purple Maybe I just think it's gonna it's actually gonna be some scary weird thing where the branding because that's the thing He has so much money that I feel like He'll be able to hire someone who know like cuz marketing people have no shame

Starting point is 00:31:40 None kind of like defense lawyers, you know, there's gonna be a marketing dude walks in it is like I Will turn this company around. They'll make a movie about it in 10 years and like people be like, oh my God, it's so amazing this story, but really it's fucking evil. And the branding is gonna be super dope. And we're all gonna be forced to go, pfff.

Starting point is 00:31:58 That's kind of a good name. It's gonna be fucked up. The name is gonna be dope and we're gonna like, dang, that's, we're all gonna be walking around augmented reality. Yeah all that all that who augment Augment that's what is gonna be called Facebook presents but it's spelled all fuck up. Yeah. Oh gee. Oh gee meant Oh gee M. Y. N. T. Augment man

Starting point is 00:32:20 So yeah, some company out there is getting paid millions of dollars just to sit around and go twirling pencils. What do you guys think about? I don't know. I know. Webby. They're like, take out the vals and we're in. Webbyby wine. And they're like, well, now it's just web.

Starting point is 00:32:36 Oculus is a cool name, the thing that they, but they bought that. Yeah, true. But do you have an Oculus? I do. I had a first one, I was going to give a second one. And then I got the Valve Index. Yeah, I'm, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, called? I don't know when it's coming out, but You see me burping over here. Is that what you're laughing at?

Starting point is 00:33:08 We can't let you we can't let you stop off anymore Slightly just doing silent burps man. I told you I eat when I eat I inhale a ton of air And I have to expel it from one place or another what are they like? Apple glass no way. Is it called apple? What a spit on Google Good for them. Wait is it is it just way? Is it called Apple Glass? What a spit on Google. Good for them. Wait, is it just glasses or is it a full like, you know? It looks like a VR headset, but anyway, I wonder if it'll look cool. I mean, Johnny Ive doesn't work there anymore.

Starting point is 00:33:36 They're a big designer guy. Yeah. From what I've seen, it looks like the first step into like how anime kids wanna dress. Like it's like, have you ever seen those things on Instagram where? Oh, everyone's wearing the old school oakles? No, no, it's like,

Starting point is 00:33:53 it's like this fantasy where people are like bionic where they wear like machinery and like steam punk? Not steam punk, it's like the next version of that. Yeah, okay. But yeah, it looks like the step step into that the images I had seen I don't know if this is them, but I remember like the color palates being really dope and the people's outfits looking really sick and It's like oh those these are gonna be dope is fuck interesting. Yeah, so anyway So yeah, I feel like Facebook will create some weird, you

Starting point is 00:34:29 know, like the fact that they're doing the Ray bands thing, like they're all angling on, you know, five years from now. I'm just waiting for some girl to ask me to buy it for, you know, just we're right here, buddy. Yeah, no, you don't have to wait for a girl. I want girls to, you know, you're sexist, dude. No. Crypto corner, oh, like a crypto corner. Oh, yeah, I want a very first crypto segment. I wanted you to explain this.

Starting point is 00:34:54 What, we're, you know, we touched on ETFs a little bit last week for there's some big news with the Bitcoin ETF. Bitcoin ETF launched. I'm sure people want to hear. Bito, BITO. BITO. BITO. So I guess the first thing is we got to talk about

Starting point is 00:35:09 what an ETF is, right? Yeah, explain an ETF. ETF, do you know what it stands for? Exchange traded fund. Yeah, everyone trusting finance. Okay. Kind of, yeah. That's kind of what it is.

Starting point is 00:35:22 Yeah, sort of. An ETF is an exchange traded fund. It's a fund that trades on an exchange. Wow. Like the NASDAQ, like the New York Stock Exchange, like the American Stock Exchange. And it basically turns things into a stock that otherwise wouldn't be a stock,

Starting point is 00:35:38 like commodities, like indices, like, for example, the S&P 500, you don't buy it directly, you buy the ETF for the S&P. You can buy gold, but you can also buy the gold ETF. You can buy the oil ETF. There's ETFs for everything. It tracks an underlying asset, like gold, like commodities. What's the G L D right? Yeah, that's a good one. Yeah, and there's also like the leveraged one. They get really clever with the names. Yeah, nugget and GT is the and then the one that bets against gold is dust. Yeah, like gold dust like you just get him over eyes. Yeah, oil is gush. I don't know that. Yeah, gush is one for oil and drip, I think is for,

Starting point is 00:36:25 what was the one that goes down? Boil was natural gas. I love all the names that come up. I always want to try spider, just because I like saying it. Spider. Yeah, yeah, yeah. Yeah, that's PY. You know, interesting fact about spy is,

Starting point is 00:36:41 in the spider, what am I thinking? I'm brain dead today. No, that's what it was. The spy, yeah. SPD. SPD. Are am I thinking? I'm brain dead today. No, that's what was spy. Yeah, SPD SPD are is like I don't know why they call it that but they In the prospectus, I don't know why I can't remember why they did this But they linked it to the lives of like ten random people Seriously cool if you if we go can we Google real fast? That's so weird. I lives of like 10 random people. Seriously.

Starting point is 00:37:05 Cool. If we go, can we Google real fast? That's so weird. I don't know what you would say. Spy lives. Spy lives. Spy lives. I don't know.

Starting point is 00:37:18 I don't know. Maybe. It's an interesting story. Like everybody knew about it, but there was news stories that came out about a couple of years ago. The rich people, right? They don't really go. No, they're just random people.

Starting point is 00:37:28 What? Yes. Like I think it's like, oh, you know, some of the bankers are like, oh, we'll do, we'll throw my cousin in the mix. And this kid was like six years old. And it's like technically, technically it's linked to their lives. So like technically, if you were to somehow kidnap and kill all of them.

Starting point is 00:37:46 All right. Yeah. Then it would, I think it was theoretically render the ETF worthless. Oh, so you could kill these people and it would like go on. Did you find anything Luke? Did you put, put perspective? Shoot. Or spy linked spy ETF linked to random people maybe. Yeah. But yeah, anyways ETF. So the Bitcoin one launched and it is it's not linked to Bitcoin itself. I was going to say what? Link to future. It's linked to Bitcoin futures, which is kind of, it's kind of a proxy, it's kind of similar. And Bitcoin futures, futures trade sort of based on Bitcoin itself, but it's futures are basically options. And they can fluctuate a little more or less, you know, they can be higher or lower

Starting point is 00:38:43 than the actual price of Bitcoin, because you're basically betting on the future price of it, hence the name futures. So, yeah, I guess if you want exposure to Bitcoin and you don't want to, like the benefit of it is, if you want exposure to it without having to go through the rigmarole of opening an account on Coinbase and all that stuff, if you're an old person

Starting point is 00:39:04 and you're not with the times and you don't know how to do it, you could just do that. It's also a means for shorting. If you are so inclined to short Bitcoin, you'd probably do it via the ETF instead. But yeah, I don't, this feels like a weird way to get skin in the game. Yeah, I don't like, I wouldn't buy it just because

Starting point is 00:39:23 I would rather just buy the dang thing outright. Bitcoin people are stoked, they're shot at it. Yeah, I don't like, I wouldn't buy it just because I would rather just buy the dang thing outright. Bitcoin people are stoked. It shot it. Yeah, it was about a checkpoint based. Made it shoot up to... It's all time. All time.

Starting point is 00:39:32 No, it did. It reached an all time high. Yeah. And it brought Ethereum with it and a bunch of the other things. Not so much as high, but still. I love calculating what I would have had. Oh man. I had like five bitcoins at one point five

Starting point is 00:39:45 Yeah, but it was when it was like a thousand bucks. That would have been worth what 300 grand now It would have been worth what's five times six? 30 yeah three to three three hundred something thousand dollars I just like literally have no reception in this exact spot. This is wild. You know it really gets my goose What gets your goose is I remember however many years ago, four, four or five years ago, this guy that I traded with sent me a message on Discord

Starting point is 00:40:12 and he said, hey man, I'm buying this thing. This is when Bitcoin was like a thousand bucks. Okay. He said, I'm buying this thing called Ethereum. It's five bucks. And I was like, cool man, good luck. I had never heard of anything. All I knew was Bitcoin and Litecoin. He buys it and then like, cool man, good luck. I had never heard of anything. All I knew was Bitcoin and Litecoin.

Starting point is 00:40:26 He buys it and then like two weeks later, he texted me again and he says, that Ethereum thing hits $75 and I cashed out and I was like, good for you man, that's really cool. But I just thought, it's done. I'm not, you know, it's shot from five to 75. There's no way I'm gonna buy it now. Little did I know, little did anyone know that it would soon rocket to $4,100.

Starting point is 00:40:50 That's where my experience as being a trader really bites me in the ass because I'm used to penny stocks going from a penny to 30 cents and that being absolutely an outlier and just like yeah possible to happen again let alone from five bucks to forty forty one hundred dollars Yeah Bitcoin from twenty bucks to 60,000 it's like you have to attack 65 K yesterday something like that 66 Almost six 66,600 bucks everybody was all pumped because it's like yeah the devil We love the devil yeah feels bad feels bad thinking about how I Could have a bajillion dollars and would have to be on this damn podcast. I'm sure that does feel bad

Starting point is 00:41:34 Yeah, but I'm glad it tanked I Mean we all have regrets and then like everyone does yeah, those coin those coin who would have thought it's like everybody Collectively knows that it's a total farce and it's a joke and yet, I mean, the dude who created those, it's such a good commentary on crypto. Cody brought this up. We have it. Yeah, you know this one as well, but. Remind me.

Starting point is 00:41:57 Have you seen this? Yeah, it's a long thread of, I think it's like his only tweet or something. Yeah. About him getting out of crypto because it's like, just a toxic. Yeah, and there's just a wealthy few who are manipulating it. Yeah, I don't, I don't have any skin in the game.

Starting point is 00:42:15 I think if people wanna get rich off it, go for it. It's definitely like, I mean, I just don't like when people pretend that it's gonna be some futuristic currency that's gonna save us. And they're like, you know, the real freaks who are like, you don't understand it's gonna be some futuristic currency that's gonna save us. And they're like, you know, the real freaks who are like, you don't understand it's democratizing everything in it. It's not.

Starting point is 00:42:31 Right. And like I've never, I mean, I wanted to pull up the, you know, Spike Lee commercial, if you guys ever seen that from, he like did this big commercial about crypto. It's like the new money, everyone's getting in. There's like seven million people unbanked and like this is the new way to do it. But I mean, it's not worth new money, everyone's getting in, there's like seven million people unbanked and like this is the new way to do it.

Starting point is 00:42:47 But I mean, it's not worth it to watch all too many. What is this a commercial for? I think it was for when they were doing crypto ATMs and it does this whole thing about how like old money is racist and like, and that's the thing. You know, when crypto people talk about it, like they make all these good points about like the maximalists, is the problem.

Starting point is 00:43:04 Well, there are tons of problems with current financial systems. It's like, yeah, you're making good points. But then they don't really have a great explanation about how, you know, and then they have this really fun. They have to put this thing in there. Do your own research. And very small, it says, the risk of trading or holding digital currency can be substantial. As a value can go up or down quickly and dramatically, you should carefully consider whether trading or holding digital currencies

Starting point is 00:43:31 are the right financial decision. And so I mean, they're talking about like anyone can buy into Bitcoin, like this is a way for unbanked people to get in and it's like, get out, you know, this stuff is so volatile. You think getting people to use this as a checking account one day, it's worth like 20% less. well. I think that the the the prevailing theory behind it is that eventually when it reaches Ultimately mass it'll kind of balance out is that the deal?

Starting point is 00:43:57 Yeah, I think that's the hope, but I don't see how that's really gonna work. I think it's just it's like for see how that's really gonna work. I think it's just, it's like for, you know, for, I hate this whole thing of like, ah yeah, just get into the NFT space and then ride that wave and then, you know, it's just another version of the rat race. Everyone plays now. Like, okay, instead of going to work 40 hours at your job,

Starting point is 00:44:21 spend 50 hours in discords and reading weird white papers and trying to figure out your next move and it's like. I think that's the biggest thing, just to, I guess, not to talk about Dix the whole time, but about penis that I feel is really good. No, people entering new internet spaces, it's dangerous. No, I think that's the one thing about investing that I don't I don't feel enough people talk about

Starting point is 00:44:50 is psychologically like the act of investment. You know, I hate that it's marketed and described as this thing that anyone can do. It's like, that's not true. Some people are not built for investment. Like the psychological appetite you have to have for ambiguity and uncertainty, risk, all that. Like it has to,

Starting point is 00:45:10 you have to be very tolerant of all of those things. And so I think that's the shittiest part about it is to me, all these people that push crypto, you're just pushing gambling, right? Like we all know that, especially about the stock market. You need more suckers to get in so you can keep pushing the price. Yeah, it's all one big, it's all one big sham.

Starting point is 00:45:30 And the people who get rinsed are the people who find out too late and are the ones that are likely to get owned again, you know what I mean? So I hate- And are the ones who can lease to Ford to lose anything. Yeah, yeah, cause they're so focused on whatever job they've got, working at a nail salon, for example. And you're seeing these things go up and down with just a series of tweets and it's like,

Starting point is 00:45:54 I don't know if that's the other guy. Yeah, safest. I mean, the part that I feel gets overlooked so much is when crypto first started and when I was getting into it, you know, China had all these mining outfits, right? And they were big warehouses and visted a bunch of documentaries on them. And, you know, they were farming Bitcoin in like the hundreds of thousands like, and you had all these losers buying. So what these companies would do is they develop these ASIC miners, like

Starting point is 00:46:25 they use ASIC chips. And once they developed a new chip that could go faster, they would sell all the hardware from the current factory on these like random ass websites. And they'd sell these miners for like absurd amounts of money, like $2,500 to $5,000. And this is back in 2012. Oh wow. Yeah. And dummies would buy those things. I think they're going to mine.

Starting point is 00:46:49 They're going to mine with that. And it's just like you're buying their last year's model. And then once China started figuring out like a, you know, they're getting like that natural exponential growth that you get in technology. And every time they put out a new miner, it's like the one you were buying was a piece of dog shit compared. Can it mine anything or is it just too low? It can mine anything, but it's just like

Starting point is 00:47:11 the selling points of the speed and stuff is irrelevant because that's what you're competing with. And then the major thing that I always felt was weird about crypto was, it was always when Americans were sleeping, that's when the prices would drop the fuck off. Right. And then you wake up and you'd be like, what the hell happened?

Starting point is 00:47:31 Yeah. And that's kind of like the, you know, the baseline I have for crypto. So I think to your point about, you know, seeing penny stocks and like, you get poisoned with that, from seeing how I got burned on the first sort of boom, when this next round came, it's like, how could I even trust to that? Any of that shit would pan out. And it's such a shitty thing because all it is is like these people with money that can afford to lose it and they're gaming the system. And they're like creating this artificial fucking wave. Like, no one professing crypto has little money, you know,

Starting point is 00:48:08 it's only Gary V. Grant Cardone. You want mine? Wink of Osprey. Yeah, big ballers. Yeah. And it's like, how does anyone look at this shit and still donate their money to this fucking shit? Like, you know, I have a little bit of skin in it, but I even hate that I have that much.

Starting point is 00:48:22 Yeah, me too. It's like, I have to be in it, but it's this thing that is moving at such a rapid clip that it's like, I got to try to understand, I feel like a bit like the guy buying the miner. I'm like, okay, I'm just now understanding this thing. But now there's a hundred other things coming behind it that I'm like, okay, so that one's like faster and better and cheaper and so then how come this one is still like, like the Ethereum killer, Solana is like,

Starting point is 00:48:48 why is that not, why hasn't it killed Ethereum yet? Why is Ethereum still going up? Why is Bitcoin still as prolific it is, as it is when it's apparently, it's the worst one. Yeah. That's why Emil's point about it's, don't talk about it's gonna be this future currency that democratizes, it's gonna do that. Buy Bencoin. Also talk about it's going to be this future currency that democratizes it's gonna do that by Ben coin also

Starting point is 00:49:06 I mean not to be at what blanket, but it's horrible for the environment It's just it's funny that they're talking about this futuristic currency. Yeah, be great if we had one that didn't Accelerate our Telling you it's gonna be green as hell. It's gonna be so green. Did you see in New York magazine the um, no, I don't read New York magazine Emil well, so I don't read New York magazine a meal well So I don't know if you heard about the internet, but it's not like the old days where you get all these subscriptions And they come to your house if you wanted to read them right? Yeah, so now they just pop up on your feed right? So if you're interested in it, you can read New York magazine. I wish I could buy the articles piecemeal though and not just like

Starting point is 00:49:39 Oh, you want to sell you out of free things you got me a little money. I'll send you the link. Yeah, yeah, okay But do you accept Ben coin? If it's green, I'll think. Okay. Sorry, go on. But the big short guys, we're all saying that it's a bubble. Yeah. Michael Burry.

Starting point is 00:49:53 Yeah. He thinks everything's a pull, man. And it's funny because like all these, whenever you read any kind of, anything that seems like a pretty legitimate argument against it. Every Bitcoin person is like, well, of course, they're bakers. They hate us. Of course, it's a good King's Anged Democracy is bad. Currency guys are so weird.

Starting point is 00:50:13 I was at the Turkish bathhouse in New York City a couple of years ago with Asher and the Australian, hey Asher, and he's not just the Australian, he's my friend. But we were in the Turkish bath together and we're in one of the saunas just sitting there. There's like eight of us in there. And we're talking about, I think we're talking about crypto or the Federal Reserve or something just quietly to ourselves. You guys, and then this guy in the shadows, this huge guy with a ton of dreadlocks just chimes in. The US dollar was created because of, you know,

Starting point is 00:50:46 the Federal Reserve in 1929, and it was always intended to be worthless. I think he was 16. He just started talking. Is it 1916? I think so. Woodrow Wilson. He just was one of those dollar guys.

Starting point is 00:50:59 Yeah. It's a very specific type of guy. Oh, yeah. A abolished Federal Reserve guy. Oh, he just, them and Bitcoin people, man. Oh, you know, yeah, a bottle of Federal Reserve Oh, he just them and Bitcoin people man Oh, you know, we're all gonna get horrible comments on the same we're gonna get weird DMs It's like They're like vaccine people they both say do your own research. That's it. Yeah, I get because the first episode

Starting point is 00:51:18 We touched on vaccine stuff a little bit so I get like weird people talking to do deep research listen I am neutral, okay, I want to please everyone. Talk to a doctor. I don't think you should get the vaccine, but I do think you should get the vaccine. I just want you to quit messaging me. Yeah. Where were you six months ago?

Starting point is 00:51:32 I got the thing. I'm sitting on two watermelons down here. My balls blew up. Can you use your six months ago? I'm just kidding. I don't want to get, I don't want there to be a, idea that I'm antivac, so I'm going to show my crotch. It's everything's fine. Give back to me. I don't have there to be an idea that I'm going to take back. So I'm going to show my crotch. It's everything's fine.

Starting point is 00:51:46 Give it back to you. I don't have two watermelons. We had the thing for the SPY pulled up. The fate, for those of you who are just listening, the Bloomberg article reads, the fate of the world's largest ETF is tied to 11 random millennials. So wild.

Starting point is 00:52:03 The fate of the, yeah, yeah, yeah, yeah, yeah, yeah, yeah. Thanks to a cork in the legal structure used to set up the spider S&P 500 ETF trust known as the Spy, more than $250 billion rests on the longevity of 11 ordinary kids born between May 1990 and January 93. Oh boy, it's just a weird, Spy as we know it will cease to be on January 22nd, 2118, or 20 years first. Oh, we get them all on an airplane.

Starting point is 00:52:32 Not if the earth fucking burns up. It'll, it'll, uh, spy is slated to like not exist anymore in basically almost 100 years, or 20 years quote, after the death of the last survivor of the 11 persons, whichever occurs first. That is insane. Oh, and then the structure doesn't provide any sort of money for these people. It's just like, is that not the ultimate capitalist thing?

Starting point is 00:52:57 Like, you guys were literally putting all these billions of assets in their tide to your lives, for which you receive nothing. You stole fizzy lifting drinks. Good day, sir. Wow. Charlie and Chuck are good. Yeah, anybody?

Starting point is 00:53:12 Well, they walk up for sure. Yeah, so this person, Claire McGrath, was a lawyer in the Options Division of the Amics in the early 90s. She remembers a call going out for babies names that could be used by the trust and volunteered her son Kevin and two nephews. She said I had my son and they asked if I would mind if they used him.

Starting point is 00:53:31 It's interesting because it's an arcane rule that trusts always have to deal with but it's not a big deal. At the time when we were creating these things we had no idea they would become as spectacular. So yeah all these people out there, the value is legally tied to their lives. Wow. That'd make for a fun movie, right? The big short, too. We're killing the spy kids.

Starting point is 00:53:53 Yeah, it's. Yeah, it's killing. You get Christian Bale in there with that glass. I just like, I think that these kids should be killed. I want to short the spy. I want to short the spy, kill these kids. Is that him? Yeah.

Starting point is 00:54:17 I just, I think that it's overvalued. I don't know. Yeah. That's him anyway. The last big thing we wanted to touch on was huge news. Oh, this is huge. Absolutely. Just you too.

Starting point is 00:54:31 Trump. Donald Trump has a back too. Wait, sorry. Can I just throw a wrench in this huge announcement? I just have to say also, you know, I don't like about, sorry, this is backing up two points. No. You know, I don't like about big crypto, this is backing up two points. You know, I don't like about big crypto buffs is when they write people off as like,

Starting point is 00:54:48 oh, you're living in the past, you need to get with the future, this and that. It's like, you say all that shit because you have the comfort of wealth right now. And for the people who have made like 10k, 20k, 50k, off this shit, of course, they have reason to be like, dude, this is the future. Oh, right. This is the future. Oh, right.

Starting point is 00:55:05 This is the future. But the funny part is, is if this thing fucking imploded all these money guys, they're fine. Oh yeah. And they go, yeah, well, you know, gotta take Richmond, this part of investment, and everyone else who gets fucking dog down that scenario, they're like,

Starting point is 00:55:17 well, and that's what happened during the multiple crypto boom and busts. Yeah. You know? I'd like to see if Spike Lee got paid an old money or new money and for that ad. Oh, there's something so that

Starting point is 00:55:28 I bet he took the old money. That Peter Schiff guy, the gold bug. Yeah. I remember someone had a great tweet that was like, he trashes the dollar so much, trashes Fiat currency so much, only raves about how gold is the only proper store of value. But then this person was like,

Starting point is 00:55:44 Peter Schiff will gladly sell you his gold for dollars. Yeah. Yeah. Everybody like dollars, man, they smell so good. Have you ever smelled money? Yeah. That stuff smells so good. Anyway, TMTG.

Starting point is 00:55:56 TMTG, this is a SPAC. The symbol currently is DWAC. A SPAC, I don't know if you guys know. I don't know if you guys know, it's called it up. It's a special purpose acquisition corporation. Basically they're like, this is just totally off the top of my head. They're like shell corporations that have cash and they are special purpose acquisition companies.

Starting point is 00:56:21 They acquire companies, thus bringing them from private to public. So like, open door was one. So far, it was one. There were so many over the last year that were private companies that then got pulled into the fold via these special purpose acquisition companies. And this one has partnered with the Trump media and technology group, TMTG. These fuckers, they're trying to... Oh man, it's... Get original, man. It's...

Starting point is 00:56:49 It's insane. The stock has been trading, but nobody knew, you know, nobody knew... Basically, these companies just trade at around like $10 a share. That's like their default thing. And they have a set time, like six months, it's in their charters that we will acquire this type of company. Usually it's in a certain genre, a tech company, a media company,

Starting point is 00:57:13 and if we don't buy this date, we will just return, we'll liquidate the thing, and everybody gets their money back at like $10 to share, $9 to share. So this one had been trading, and since this was announced yesterday that their acquisition target is this Trump media and technology group,

Starting point is 00:57:30 the stock is up like 400% today. Crazy. And the last we checked. Did you see it just now? Yeah, it's not like $350. Oh my God, man. And it made me go out to buy. Yeah, it made me wanted to buy it at like 30 bucks

Starting point is 00:57:42 with $10. So you want to buy a third of a share. Look, I didn't want to give too much to the boy. Yeah. Yeah, it's currently, as of right now, it is, God, just days ago, it was at 10 bucks and now it's it. Ben just, I mean, Emil just wanted to, you know, take out of the collection plate a little bit.

Starting point is 00:58:00 I just, I like diversifying a little bit. Listen to me to do that. I get it. You got to diversify, you got to support the man. Yeah, I told me to do that. I get it. You got to diversify. You got to support the man. That thing was flat lined at 9.95. And you got to assume that like Trump, I'm sure that there were so many people in his inner circle

Starting point is 00:58:16 that loaded the hell out of that stock and are now just like caching out. Yeah, this could have been my Bitcoin and you pulled me off. I'm sorry, man. That's all right. I'm sorry. I didn't an original wealth could have been created I'll get on the dip

Starting point is 00:58:27 But if you're if you're listening to this we highly recommend you watch this this episode because we've got some of the The present the investor deck For this thing pulled up I got burps. It's pure gold. Wait, should we read the press release first? There was a press release that they issued and it's absolutely great. Yeah, so oh shoot, can we zoom out a little? Just try without it. Yeah, there we go. So it's filling the blanks.

Starting point is 00:58:56 Yeah, you can. It'll need the first letter of word. It's for your transaction. Values, Trump, Media and Technology Group, an initial enterprise value of 870 million with a potential additional earn out of 825 million in additional shares, blah, blah, blah. The mission is to create a rival to the liberal media consortium and fight back against the big tech companies of Silicon Valley, which have used their unilateral power to silence

Starting point is 00:59:21 opposing voices in America. TMTG will soon be launching a social network named Truth Social Truth Social is now available for pre-order in the Apple App Store. Uh-huh Truth Social plans to bring guys This episode is brought to you by Truth Social Truth Social plans to bring its beta launch for invited guests in November 2021 A nationwide rollout is expected blah blah blah. So then they got a quote from Trump himself saying, do you want to read it?

Starting point is 00:59:49 Can you read that? Me? Do you have glad? I don't know if it's new. I created Truth Social and TMTG to stand up to the tyranny of Big Tech. We live in a world where the Taliban has a huge presence on Twitter.

Starting point is 01:00:01 Yet your favorite American president, everyone's favorite has been silenced. This is unacceptable. I'm excited to send out my first truth on truth social various. Oh, he's gonna send, what are they? So they're not called tweets, they're called truths. It's funny because he's like, he's just gonna write like Hillary's a dog faced bitch. That's it, and people are gonna be like, oh snap, he did it, he went off.

Starting point is 01:00:21 You can't silence him. So he's setting out his very first truth on Truth Social very soon. TMTG was founded with a mission to give a voice to all. I'm excited to, I'm excited to soon begin sharing my thoughts on Truth Social and to fight back against Big Tech. Everyone asks me why doesn't someone stand up to Big Tech? Well, we will be soon. Do this is like, it's insane.

Starting point is 01:00:44 I mean, it's insane because, um, I'm trying to think of the dude's name, apology. He's like a, like a MIT dude. He's like talking about how it, this is just going to also truth is like, they're just like, what kind of looks like Trump? What's the closest word to Trump that we can market the same? Fucking, he's talking about how, you know, we're clearly in this era of like a like a information Cold War or man, you know, where this is just like the same way that now all your television media or like your entertainment media is so fragmented and like you choose

Starting point is 01:01:22 which platform sort of like speaks to you. This is it now. And I think, yeah, this is been going on for a minute right? Like the dudes who made GAB and whatever, but... Parler. Yeah, but to see it like this where now it's just sort of... Sort of like commonplace now where it's like, okay, it's clear that there's a certain type of person that agrees with these ideals and they should just use this app. I don't know.

Starting point is 01:01:47 Yeah, this feels more dangerous. I'm like a, you know, why you scared of the truth, dude? No, I'm like one of the, you know, parents in high school who are like, they let you have parties at their house that are like, I'd rather it be here. I'm like, let's get these guys on Twitter.

Starting point is 01:01:57 I wanna know what they're doing. I wanna keep an eye on them. I'd rather they be doing it. I'd rather just date out in the open. Be crazy. We're all crazy in the same place. Yeah, yeah, I get that So my friend downloaded parlor just to see what it was like he said it was just everyone like Going nuts dropping n bombs doing yeah to be expected

Starting point is 01:02:15 Speaking of money we want to get around to asking you some money questions. Yeah, sure some of your investments Yeah, what do you what do you feel like touching on what some of your? You know, because you hold some stock in the LD here. Yeah, LD. I do have, I've dabbled in the VC little bit. I have like a small investment in liquid death.

Starting point is 01:02:37 I was small in a lolly and then I went a moment house. I've really just gone into the things that I think makes sense. I think liquid death, doing interesting things as far as, yeah, like, plastic is not recyclable, you know, the fucking, the Plymouth Prouller was made out of aluminum and that was a, you know, a cool idea. You remember that? I remember the Plymouth Prouller.

Starting point is 01:02:59 Yeah. It was kind of the cooler cousin to the PT cruiser. Yeah. And it was like, but the special thing about it was it was made from aluminum. I didn't know that. Something like, maybe it was a joke, I don't know. I was fucking like nine when that car came out.

Starting point is 01:03:10 So someone could have been fucking with me. So that guy in my neighborhood had one. Yeah, and I always thought, dang, there goes Joe Blacks dad, he's cool. He sells jacuzzi. That's why I drove that planet probably. Yeah, what I was going with that was, I think, the idea of, the idea of trying to create something that's sustainable is a good idea. And Lolli is what?

Starting point is 01:03:31 It's like kind of like... Well, could you tell me if I'm getting it right here? Lolli is an app where you make purchases online and it siphons off like the extra change. Yes, yeah. To crypto. Yes, yeah. So it's your own little tip jar. Yeah, and I like them because I think I actually, most people don't know this, but I actually, I used to work for someone who was trying to disrupt the payment space. That's why I got so animated about Stripe.

Starting point is 01:04:03 And I learned a lot about how the payment industry is so archaic, it's so gridlocked by all these big credit card companies and all these big payment processing companies. And so, when all these people are talking about using crypto and stuff as a payment method, I'm like, I don't believe it because these companies that own all the ways to do that, they're using software from like, fuck, in 1980. So the likelihood of them upgrading or committing to a new system to enable people to shop with crypto or any of that, there's no way because they won't even spend the money to bring their stuff current. So why would they do it for crypto, you know, unless it's bringing them tons of money. But even then, it makes tons of money.

Starting point is 01:04:48 They're not going to move off that. So I think Lolli is probably the most interesting way to get, I guess, regular people, some skin in the game on crypto because if there was a way to get them to do that, it's probably this way and passive way. And passive way. In a passive way, but it's also a way that's like, when you're, you know, as far as like an industry thing, it is a very smart workaround. So they're not asking the payment industry to make any grave changes.

Starting point is 01:05:15 They're just like putting something on top that they can run themselves and people can engage crypto in this passive manner. Right. So I think it's an interesting way to get people using crypto. So if it explodes, I'll get my money back, I guess. What's the worst investment you're currently involved in?

Starting point is 01:05:34 Show mindset. No, no, no, no. This is one of my favorite investments, honestly. What? Yeah, I mean, worst, probably all my like, motorsport habit, that shit just does not make any money. Is that, would you consider that more of a hobby

Starting point is 01:05:50 than investment? Is definitely a money, but you are investing like money. Like, sure. Hobbies are investments. Yeah, their investments in yourself. Yeah, yeah. They have, I guess, would that be intrinsic value?

Starting point is 01:06:01 Not really. Sorta. Sorta. Because you were saying yourself that the best investment you can make. It's sometimes, yeah, it's yourself. That's self. That's my biggest thing with investment is I'm not,

Starting point is 01:06:11 I'm not someone who, like, it doesn't really speak to me. So, you know, I'm definitely one of these dudes that like, I look at how I engaged Bitcoin when it first happened. And it's like, yeah, it makes sense that I wouldn't chase it any further than I did because I'm not a type of person that, like, if you burn me, that's it. I don't want to have to keep trying to figure you out.

Starting point is 01:06:35 And so that's why some ways investment, I just don't pay attention to it because I don't actually think I'm someone who's made for it. So I just invest in, like, yeah, I think things that will make me, I don't know, sharper or more apt to do the things I do well. So yeah, I tend to invest in those things. Like, you know, carting makes me relaxed

Starting point is 01:07:00 and it costs me money, but it's an outlet for me and that'll help me be funnier, I guess, and that give me good ideas. So yeah, I do think what's interesting is with starting like the TMG network and even doing some of my content on my own is, now I'm really seeing just how expensive it is to go beyond like your office.

Starting point is 01:07:22 Like, I think there is this layer of criticism that big Hollywood has, and even like some performers have in Hollywood, it's always like, oh, you're a YouTuber, or you're an influencer. It's nice that you say that when you're kind of backed by a big network, like doing some show or something, but I think as far as investments go, you want to talk about bad investments, like find that link, like this fucking game show I've made, that shit bleeds money. I didn't profit even a little bit from the first one, like I'm so down on that one, and this next version I'm doing, I'm definitely going to be negative on that too.

Starting point is 01:08:00 And I hope you do a winner's only version. Yeah. I won one of the. Yeah, yeah, you did. I was great. And it was really fun. Yeah, we have to have a meal on because the nails of winter are always in my heart. And I would love to see him challenge you. Well, chicken about chicken out about getting shocked. Yeah. Yeah. Actually, I shouldn't say that I might. But yeah, I think like, I guess I'm being a little bit all over the place here, but something I've found with, as if you want to talk about investments, is I have found that putting money into art like that

Starting point is 01:08:32 or projects like that that don't necessarily pay me back, they have given me a shit ton of knowledge. And from doing that stuff, I feel that's what's actually helped TMG execute on this vision of creating a network and creating like shows and stuff that are engaging and fun to watch. And a lot of this experience has come from me like kind of burning cash on these things I went nowhere like that music video I did during the pandemic that like in eighth of my audience watched cost me like it's like 70K. Damn.

Starting point is 01:09:09 Yeah. And it's wild how little 70K gets you. Yeah. No kidding. But like what I learned from that was just so much in terms of production. So I will say that, you know, I think maybe it helps. I say this because I think it helps, it might help younger people to understand that investment has always talked about in this very one-to-one relationship where you put money in and money comes back.

Starting point is 01:09:35 And I think it's not talked about enough that it's not always monetary. You kind of have to invest time or energy or years into crafts and experiences and stuff. That's why the best stand-ups, you don't really hear about great stand-ups until they're in their 30s because they have to live a ton of life until all that stage experience plus life experience comes together and makes something good. So I don't know. Yeah, the best investments you make are the ones that, there's an old adage I'm getting it wrong,

Starting point is 01:10:09 but it's like buy what you know. And you know you're hopefully you know yourself. Yeah. And yeah, things, there's investments cover a broad range of things, traveling is an investment. It's an investment in yourself and your life experience that then informs the decisions that you make, the relationships that you cultivate and all of that.

Starting point is 01:10:28 So yeah, they don't necessarily have to yield some kind of returns. It also because it's like that those production investments have yielded a return that I mean, just getting to be a part of the live show a little bit, it seems like you guys, it was like impressive to watch. You guys. Oh, thanks, man. Yeah. Or like a machine, it's amazing. Yeah, it's, you know, it,

Starting point is 01:10:47 it, it, you talk about like informing decisions and stuff. I think something else as far as investments go that is really overlooked is, you hear this a lot, it's like it's about who you know, but I think people frame that as like, who you know that can like help you level up as far as, you know, they either run a big company or they have some bit of wealth

Starting point is 01:11:09 and they can pull you into that. It's not really about that. I think it's more about, as I've invested in these projects, solo, I've met different people. I've met this, our main DP, like cinematographer, Nima, kid is so talented. And by meeting him, knowing cinematographer Nima, like, kid is so talented. And by meeting him, you know, knowing that he's like, we gel and then like building a relationship with him. And you know,

Starting point is 01:11:33 it carries all the way down. And to the point that when we do a show on the ship, like the people we bring on, it's like, I know the gaffer, I know the grip, I know everyone and I know that they all do their jobs really well And it's from working with them over so many jobs that Then it creates that like cohesion and that experience where you know you guys jump in and it's like yeah It feels like this machine because we've invested so much time together making a bunch of bullshit And they've seen me fail at stuff and but they've been there with me for those and when it's good. So, yeah.

Starting point is 01:12:08 Yeah, I mean, that's a great point too. I don't like, some of the, when I came to LA, I got so bogged down. It's like, it's such a network of you town, right? Everyone, and it just feels like you need to meet, and that's the thing. People feel like they need to meet someone who's gonna help them out.

Starting point is 01:12:24 And someone told me, they were like, don't meet, and that's the thing. People feel like they need to meet someone who's gonna help them out, and someone told me, they were like, don't worry about all that. Don't worry about getting in with this right person. LA has all these creative people. Meet people you like, and you like their sense of humor, and you like the stuff they're creating. And as soon as I started focusing on that, everything got way better for me.

Starting point is 01:12:43 I started the show, and everyone started coming. I started making all these friends. Me and Ben became very close. We made like a little fun cartoon and now we're doing this. And it was, that was the best advice I could have ever gotten. And I was like, don't worry about like, stop looking at those people over there doing stuff. Yeah.

Starting point is 01:12:59 Meet people you like and vibe with and do cool stuff with them. Yeah, I mean, it's so major because you can't, especially in terms of creative work, you're not going to be able to do anything creative if like the people around you aren't good and you're not, you know, it seems so like corny and like fucking like healing crystal convo, but it's like the vibe. No, it's just true though. The vibe has to be good. And you know, you can push your way into like a situation

Starting point is 01:13:31 that seems good, you're like, okay, I finally lock down this job, like, you know, you get your, but if you're not like jelling with those people, it's not gonna last long, it's not going anywhere. You're gonna feel alienated in your own project. Yeah. Yeah. So yeah, I like, I guess, you want to talk about, I guess, going deeper on investments. I've now I'm working with a YouTube channel. I don't want to announce it yet, but that show I had hot laps for the interview show, like a fucking, if you haven't seen it somehow I took a late night desk

Starting point is 01:14:05 I turned it into a car So I'm working with a really popular YouTube channel that does automotive content and they You know when I when I came up with that idea I'm like I just need to do a pilot because there will be someone who will see this and go that's fucking nuts We want a piece of that. Yeah, and I just kind of like put that out there and I like stayed True to that and I would pit I, I've built like two decks for it. I would give it to my agent. I would say send it to this person.

Starting point is 01:14:30 I've had, you know, unscripted TV interviews with like, you know, experienced executives in Hollywood that were like, yeah, this sounds kind of interesting, like not fully getting it. But you're a YouTuber? Yeah, exactly. Yeah. Oh, okay, get the hell out of my office.

Starting point is 01:14:44 Yeah, yeah, exactly. Yeah. Yeah, he. Oh, okay, get the hell out of my office. Yeah, yeah, exactly. Yeah, yeah, yeah, he's like, get out. I have to go to the TMTG investor meeting over zoom. It's new media. We've got a TMTG plus show. We're really excited about. So they're blabps. They hit me up. And it was it was really cool because they, you know, I'm texting with one of their guys and he's like, yeah, we love to come see it. And at this point, the car was in my garage. And they fucking just came to my house

Starting point is 01:15:10 and they just start like looking under it. And it felt like this really like cool moment where I felt like two people were like, we believe in this, enough that we're just gonna drive to your house and rip up, you know, the interior and look at the components. And it's been like a six, seven month process, but it seems like we're gonna start the new build next week.

Starting point is 01:15:29 And yeah, so the plan is to make the car eight times faster. And yeah, and this past year I've spent driving. I'm really gonna put that. My goal for the show is it's partially gonna make people shit their pants to be in this crazy looking car with all these custom parts and it's gonna be a custom race car. And then putting this interview segment on top

Starting point is 01:15:56 is what I'm keen on. So, I gotta do a part where you pretend you've lost control and you fain panic. The brakes. Get the reaction. Yeah, we could, that'd be easy to do, just because I think a scary thing about fucking, a weird thing about driving fast that I'm only just really starting to understand now is like the whole concept of trusting the rubber is what they say, like trusting the grip.

Starting point is 01:16:31 And trusting the grip is like when you put the car under so much load that you just have to believe that when you corner it's going to bite the pavement. It's this very like the phrase they use is driving on the limit, and that's where you feel like the car is that close to just like spilling. And so, when you put people, like, for me, when I drive on the limit, it's really scary, but it's fucking awesome. And so, I know if I, it would create that sensation. Like, if I'm driving on the limit, and I'm, as we're going up to the thing That's another thing I'm excited for is to wear helmets because then it's serious then they can't see what I'm doing It's like I could be dead focus like animating my voice like oh my god

Starting point is 01:17:13 We're gonna crash and then you know bite my lips and you know put it into the Yeah, and so yeah, I want to freak is probably not a good way to market the show But I want to freak people to fuck out my dream is if I could get like John Ham on there or some like really a list celebrity. And they're like, yeah, like cars. I can matla block or something. He's like, whoa, this is a cool car, man. And then you just make him shit bricks for 10 minutes.

Starting point is 01:17:37 It'd be really fun. I like that you said a list celebrity and you went with matla block. I don't know. He's still a list. He likes cars. So I don't know. He's got a cool YouTube thing going with the cars.

Starting point is 01:17:46 Find one last question with this. What's the fastest you've ever gone? Carts get out there. They go about like 70. I guess I say that's the fastest because being that low to the ground, it feels like 120. Sure.

Starting point is 01:18:01 But I think, I've done a hundred here and there and just some random ass road. But, yeah, I don't trust like consumer cars past 80. I, when I was, oh God, when I was 16 and I got my license, I had a 1990 Toyota Camry. Fuck yeah. And I floored it on the freeway one time and I got it up to 100.

Starting point is 01:18:23 I'm just like, oh my god. Yeah. How did I not die? Yeah. It's terrifying. It's so terrifying to think about. Don't go, don't speed. It's seriously.

Starting point is 01:18:32 Like for our, if you, the number, I met a guy at some party recently who works for like the LA, you know, the transportation safety board, what under something. And he said the number one cause of death and accidents is speeding. Like that's just, that's it, that's what kills you. That's what I keep in mind on my scooter too.

Starting point is 01:18:51 If I'm going like 50, I'm like, I should slow down. If there's a reason why there's a speed limit, it's to keep you alive. Yeah, I guess to end it on a morbid note, it's really funny when I see people speeding and like older cars like that and like bro You don't realize like at 90 like all it's gonna take is like you know with a three four inch change in the fucking concrete And that car is gonna up and then you have those old-ass tires you haven't replaced and who knows how long and then they won't grip

Starting point is 01:19:19 And then that's when you're in the wall like it yeah, but can you imagine the adrenaline? It'd be awesome. Yeah, yeah. What a thrill. So yeah, you wouldn't feel the thing. Dan, we didn't even get to talk about my journey as a stock broker. But when I touched on it real fast, I mean, so you worked for a bank. You were an investment banker or an aspiring investment banker at one point. Yeah, yeah.

Starting point is 01:19:37 So I guess to briefly tell it, so I had dropped out of college and I went like upside down on two credit cards on like a ton of film gear. Cause I had like this manic moment where I'm like, I'm gonna start a production company. And you know, I didn't know that takes probably like 10 years to do that.

Starting point is 01:19:56 I thought I was gonna do it in six months. And, but to my credit, I did a few jobs over the internet for ads. They were just kind of like blind submissions. And I made, you know, with the help of some friends, we made like 10 Gs, like, right away, you know, at that time, I was like, whoa, it's, you know, like crazy, because we're just three idiots

Starting point is 01:20:18 from like a nowhere town. So that's what motivated my decision to do that. And so, then when I realized getting other people to buy or work is just like, I would try to do that. I'd try outbound, hitting up random businesses and shit. Those hang-ups were just like, oh, and so I'm like, okay, I gotta get a job. So I go work for a bank that is, it's all over the phone because it was created, I think, as a debt repayment instrument. So the parent bank, I think owed money

Starting point is 01:20:57 to America or something. So they created just the country. Yeah, yeah, whatever. I'm just being vague, because whatever. But I believe that they owed some type of money, like I think to the US government. It was like, so they created this American-based bank institution where they basically got a bunch of old people

Starting point is 01:21:17 to open up savings accounts. And then they would, for years, their whole thing was like, you should put it in CDs, or we have the best savings rate. And they would pay like a couple points when no one was paying any points. So they were just farming all that interest to like pay down their debt. Interesting. Yeah.

Starting point is 01:21:36 So then when I came into the company, they were introducing checking accounts because I think they knew that they had planned a merger with another bank that had like traditional like checking accounts and all that. And so they were priming all the customers to be integrated into that bank. So when I came in, I was part of a certain group of high reads that was like, okay, now we're gonna sell checking accounts.

Starting point is 01:21:59 And I would just be on a phone all day, talking to old people or the inverse people who sold themselves a dream of saving and you would look at their transactions and they're just taking money out all the time. And so I would basically, yeah, I was the devil. I would get them to open up checking accounts under the guise of like, oh, you can access your money faster

Starting point is 01:22:23 instead of waiting like the three business days for it to transfer to your main bank. And that was like my boiler room fucking era of existence. And so the company went under and I was, or no, after the merger, they laid us all off, but like the weeks leading up to the layoff, I was training to be a mortgage loan originator. And then the willing. Yeah, yeah. Well, buddy, have you seen these APRs? Yeah, it's just, yeah. Yeah, boy, I'm glad you didn't do that.

Starting point is 01:22:52 Yeah, yeah. No offense to anybody who's a mortgage loaner. No, I'm glad I didn't do that for us. Yeah, I'm glad I didn't either. But at that point, I was so like, it's so crazy how when you're fucking below broke, like what you will do to get out of there. And at that point, they had another peripheral company with stock brokers.

Starting point is 01:23:11 So I was like, okay, maybe I could get over there and be commission based and I could figure out how to do that. And I can get out of this fucking hell hole that I'm in. And it was just like, I look back at it and I'm like, what the fuck was I doing? Like, I was thinking about all these financial opportunities where it was either that or I was gonna go to real estate or anything where I could sell the biggest, most fucked up thing so I could get a fat commission check

Starting point is 01:23:37 and like change my life. That's what it was all about for me. You were what, like 20 early 20s? Yeah. Sounds like an early 20s move. Yeah. Yeah. Just how can I get that big check? Yeah. Isn't that same boat? I think we can all identify it with that. Can't we? It's funny because we were talking about the crypto guys and and they're but it's just hearing about traditional finances. Yeah. Yeah. Yeah. Feel so antiquated. Yeah.

Starting point is 01:24:01 It does. Yeah. It is. You should have started your own alt coin. Yeah, I would've been way smarter. Mortgage coin. Yeah. Mortgage coin. Fuck the banking system. Fuck the banking system. If you want a house, you can have a house now.

Starting point is 01:24:12 Let's get you over leverage times 10. No underwriters, no. Credit score, no score, no problem. I mean, there's no shame in it though. I mean, it's like, you're talking about getting out of dead broke. It's not only getting out of dead, but like, financial security is very scarce.

Starting point is 01:24:27 And you know, people do a lot of things to not, to get even a taste of it. So. Yeah. Yeah. I guess I say I was the devil, because like I felt I had done that. And then before that, I worked at T-Mobile.

Starting point is 01:24:40 And like the shit I would do to sell things at T-Mobile was like, oh, I feel so bad about it. I mean, you were a cog in the machine, man. Yeah, yeah. I mean, they were definitely like encouraging that shit. Yeah, yeah. Doesn't sound like what you're doing was all that predatory. It was just that, you know, you had to kind of grease the wheels a bit.

Starting point is 01:24:55 Yeah, totally. That's understandable. I'm a sensitive guy, so, you know, I feel for those. No, I'm sure it didn't feel good, but I can empathize. Yeah, when I was able to like pay rent, it felt really good. Great feeling. Credit card. Great feeling. Yeah. Anyways, so yeah, that's kind of, I don't know. Well, we're grateful that you're here now. Yeah, thanks. Yeah. The entire audience is grateful that you're here now. Leave a comment in the comments. Sorry for the, you're not built for that.

Starting point is 01:25:26 Like for what? The sale, leave a comment. Yeah. I'm built for sales, but it's stuff that I care about. Oh, you don't care about comment? Yeah, I'm not gonna... I'm not gonna... Yeah, I'm not gonna...

Starting point is 01:25:37 I'm not gonna... No, but I leave a comment in the comments. Oh. And tell Noel, just how much you appreciate him, and how glad you are that he's not a mortgage loan originator. Yeah. And instead... No, I'm very happy to be here doing this, saying I'm not doing that. That much, I'm very you are that he's not a mortgage loan originator. Yeah. Instead, no, I'm very happy to be here doing this saying,

Starting point is 01:25:47 I'm not doing that that much. I'm very thankful for that. Would you say that you are blessed? I don't know if I believe in all that, but like, I definitely feel blessed by the universe and I feel very lucky. Yeah. You don't know if you believe in that, man.

Starting point is 01:26:01 I don't. I don't know either. I'm quite, I'm quite agnostic too. Yeah. What about you? What do you believe in that, man. I don't. I don't know. Yeah, I don't know either. I'm quite, I'm quite agnostic too. Yeah. What about you? What do you believe in? Oh, yeah. I mean, I just don't, I just don't think about it.

Starting point is 01:26:10 It's like, for the next hour, we're going to cover God. No. But yeah, I, anyone who's like sure about it, I'm just like, that's how. Yeah. How can you be so sure? Well, it's called belief, my friend. You believe. True. It's called belief my friend you believe true It's called and I believe that we we've just about reached the end. I'm sorry. Yeah. I'm sorry

Starting point is 01:26:31 I didn't mean to drag this out. No no no no. What are you talking about pal? We're all in this together You okay? I don't know what's going on here. Yeah, listen It's the coffee. It's the water. I have to pee so bad. So do I. You do? Do you want to race to the bathroom? It's going to be really funny if all the jokes about the TMT G-Shit going off when like right wing people clip us all out wearing blue and they're going to make look at these fucking liberal idiots. Look at the DNC shills.

Starting point is 01:26:58 That guy's got glasses. Don't like them. Alright everyone. Power of law. Thank you, man, guys. Thanks for being on. Oh yeah. Alright everyone, power of law. Thank you, man guys. Thanks for being on.

Starting point is 01:27:07 Oh yeah. Thanks for being on. Anytime, yeah. Anybody wants to buy this hat? $10,000. Yeah, a bit. But if you have Ben coin, it's only $20,000. Yeah.

Starting point is 01:27:17 And if you want to get the pair, it's $30,000 to get the pairs really worth. Yeah, yeah. $30,000, old money. Look at this. Old money, it's an extra large. All right, thanks guys. So long.

Starting point is 01:27:27 Go out there and beat Trillionaires. Yeah, yeah 30,000 old money. Look at this. It's an extra large. All right, thanks guys. So long. Go out there and beat trillionaires.

The Trillionaire Mindset - 4: Exposing Trump’s SPAC w/ Noel Miller

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