00:00

We have to make goals and we have to make them. And you you have to decide and start acting on them before January first. Doing goals of January first is That's nonsense.

We have to make goals and we have to make them. And you you have to decide and start acting on them before January first. Doing goals of January first is That's nonsense.

00:15

What's up? We got a great episode. We're doing,

What's up? We got a great episode. We're doing,

00:18

a crazy AI tool. But my favorite new AI thing, kinda mind blowing. Sam, you gotta admit. That was pretty mind blowing. Correct? It was awesome.

a crazy AI tool. But my favorite new AI thing, kinda mind blowing. Sam, you gotta admit. That was pretty mind blowing. Correct? It was awesome.

00:26

I just signed up for the waiting list, and I hope they'll actually let me on, but it's amazing. So this is this one's this one's mind bending. We also talked about arbitrages.

I just signed up for the waiting list, and I hope they'll actually let me on, but it's amazing. So this is this one's this one's mind bending. We also talked about arbitrages.

00:35

So kinda like money making arbitrage schemes that either us or our friends have done. That was a little fun one. What else did we do? We talked about setting goals, so what the new year is gonna happen in, like, four weeks. So we think you should start your goals immediately, and we talked about our categories for goals. And then we also talked about Twitter. So there's a bunch of drama going on on Twitter with pipe happening. This company that's potentially gonna go bankrupt, and a few other things happening in our lives about getting fights on Twitter and whether we should react or not. It's kinda gossipy,

So kinda like money making arbitrage schemes that either us or our friends have done. That was a little fun one. What else did we do? We talked about setting goals, so what the new year is gonna happen in, like, four weeks. So we think you should start your goals immediately, and we talked about our categories for goals. And then we also talked about Twitter. So there's a bunch of drama going on on Twitter with pipe happening. This company that's potentially gonna go bankrupt, and a few other things happening in our lives about getting fights on Twitter and whether we should react or not. It's kinda gossipy,

01:05

but I love that. So that's the episode. Check it out.

but I love that. So that's the episode. Check it out.

01:08

Alright. What up? We're back. Enough of this holiday.

Alright. What up? We're back. Enough of this holiday.

01:12

Enough of this holiday nonsense. How was, how was Thanksgiving?

Enough of this holiday nonsense. How was, how was Thanksgiving?

01:15

It was easy.

It was easy.

01:17

Ethan came over, you know, you know, our friend Ethan, I don't know if you know Ethan, but he came over and he killed a turkey and he brought it over. Pretty great.

Ethan came over, you know, you know, our friend Ethan, I don't know if you know Ethan, but he came over and he killed a turkey and he brought it over. Pretty great.

01:26

Did you bring, like, a carcass in?

Did you bring, like, a carcass in?

01:28

No. He, like,

No. He, like,

01:30

I don't know how they kill it actually. I think they just chopped their head off and then he plucked it and brought it over and we ate, a turkey. It was awesome. Have you ever done that?

I don't know how they kill it actually. I think they just chopped their head off and then he plucked it and brought it over and we ate, a turkey. It was awesome. Have you ever done that?

01:38

No. I mean, come on.

No. I mean, come on.

01:41

What are you talking about here?

What are you talking about here?

01:43

I don't know. I know you have, you have, and you get roots. I thought that, like, your parents, your parents have probably killed a chicken or two. Do we do turkey this year?

I don't know. I know you have, you have, and you get roots. I thought that, like, your parents, your parents have probably killed a chicken or two. Do we do turkey this year?

01:52

Because -- It sucks. -- Turkey's dry. Like, turkey, like, turkey. We all had, like, a moment. We looked at each other, like, yo, turkey sucks. Right? And then we just decided to get with chicken. But,

Because -- It sucks. -- Turkey's dry. Like, turkey, like, turkey. We all had, like, a moment. We looked at each other, like, yo, turkey sucks. Right? And then we just decided to get with chicken. But,

01:59

nevertheless,

nevertheless,

02:01

we're back.

we're back.

02:02

You have some stuff on this list that I wanna know about. So I wanna start with yours. All I see is

You have some stuff on this list that I wanna know about. So I wanna start with yours. All I see is

02:09

just a call to action. It says need to start working on New Year's plans now in all caps, get these implemented.

just a call to action. It says need to start working on New Year's plans now in all caps, get these implemented.

02:16

So Dude, so here's my thing. You I think that starting a New Year's thing on January first is kind of the most small boy thing you can possibly do. It's like, could you be more basic? If you have an idea, start it now, why are you waiting?

So Dude, so here's my thing. You I think that starting a New Year's thing on January first is kind of the most small boy thing you can possibly do. It's like, could you be more basic? If you have an idea, start it now, why are you waiting?

02:29

Yeah. At, like, at

Yeah. At, like, at

02:31

at the worst, you have to start at December fifteenth.

at the worst, you have to start at December fifteenth.

02:34

And I'm a big fan of goals. I write goals. I write my goals out. I tell them my wife what they are. And so, like, we're on the same page. I tell other people what they are. You gotta have goals. And I break him out into six categories.

And I'm a big fan of goals. I write goals. I write my goals out. I tell them my wife what they are. And so, like, we're on the same page. I tell other people what they are. You gotta have goals. And I break him out into six categories.

02:45

How does the wife react? You just say it? My goal is eight percent body fat. She's like, alright. Mhmm. Okay.

How does the wife react? You just say it? My goal is eight percent body fat. She's like, alright. Mhmm. Okay.

02:50

Dude, the thing is some women don't give a shit. We've talked about this. The ripped the only people who care about being ripped are other dudes. So, like, I've given up trying to or other ripped guys.

Dude, the thing is some women don't give a shit. We've talked about this. The ripped the only people who care about being ripped are other dudes. So, like, I've given up trying to or other ripped guys.

03:00

Yeah. I've given up trying to, like, make my wife like me physically, like, any more than she already does. That that will never happen. So you know, the fitness thing is for me and impressing other men. So that's all there is to that. But I have the so the first three categories are the three f's family financial fitness. And then mind, adventure, and other. So let me give you some examples.

Yeah. I've given up trying to, like, make my wife like me physically, like, any more than she already does. That that will never happen. So you know, the fitness thing is for me and impressing other men. So that's all there is to that. But I have the so the first three categories are the three f's family financial fitness. And then mind, adventure, and other. So let me give you some examples.

03:18

So,

So,

03:19

financial, that's easy. So how much money you wanna make, you wanna make money from different projects, things like that. Family for us. It's like, you know, like, for me, like, I like going to couples therapy. Do you do you do you couples therapy? No. Never.

financial, that's easy. So how much money you wanna make, you wanna make money from different projects, things like that. Family for us. It's like, you know, like, for me, like, I like going to couples therapy. Do you do you do you couples therapy? No. Never.

03:30

Dude, you should. It's awesome. It's just like, just like fitness. It didn't matter if you're ripped or not ripped. Like, you exercise. You gotta do it. You don't My wife is old school. She thinks, like, you know, she's like, yeah, it's good. There'll be great. Other people should do But if I suggested, it's like, oh, you said we're broken? Yeah. She's like, therapy's great for freaks, you know? Like, it's it's really more supportive of other people doing it. But if you've dare mention that I will take it as a personal assault.

Dude, you should. It's awesome. It's just like, just like fitness. It didn't matter if you're ripped or not ripped. Like, you exercise. You gotta do it. You don't My wife is old school. She thinks, like, you know, she's like, yeah, it's good. There'll be great. Other people should do But if I suggested, it's like, oh, you said we're broken? Yeah. She's like, therapy's great for freaks, you know? Like, it's it's really more supportive of other people doing it. But if you've dare mention that I will take it as a personal assault.

03:52

Yeah. You should do it. It's awesome. It's a fun way. It's also, it it's just good. I I think people should do it. Fit fitness is easy. That one's easy. But then mine, so for mine, it's like how if you wanna read books throughout the year,

Yeah. You should do it. It's awesome. It's a fun way. It's also, it it's just good. I I think people should do it. Fit fitness is easy. That one's easy. But then mine, so for mine, it's like how if you wanna read books throughout the year,

04:04

for me, I wanted to have more fun this year because I was pretty up tight leading up to it. Up to this year. And then the fifth category is the really fun one, which most people don't have, which is adventures. So for me, I wanted to do, like, a car class, like a driving car class. I wanted to go hunting.

for me, I wanted to have more fun this year because I was pretty up tight leading up to it. Up to this year. And then the fifth category is the really fun one, which most people don't have, which is adventures. So for me, I wanted to do, like, a car class, like a driving car class. I wanted to go hunting.

04:19

Technically, I didn't do that, but I did go fishing.

Technically, I didn't do that, but I did go fishing.

04:22

I wanted to,

I wanted to,

04:23

camp a couple times. Don't you just go fishing hunting?

camp a couple times. Don't you just go fishing hunting?

04:27

Does it is that the same thing?

Does it is that the same thing?

04:29

I went to Whole Foods.

I went to Whole Foods.

04:32

Is that not the same thing? I wanted to look something in the eye. Kill it and then put it in my mouth. That's that was the goal. I wanted to kill something and then consume it. And I was unable to do it with an animal that wasn't, you know, that was on land.

Is that not the same thing? I wanted to look something in the eye. Kill it and then put it in my mouth. That's that was the goal. I wanted to kill something and then consume it. And I was unable to do it with an animal that wasn't, you know, that was on land.

04:46

So, anyway, these are my six categories. Are you gonna do that this year? Are you gonna create some categories? Or create some goals? I do it. I do it a little differently. But I have a very similar

So, anyway, these are my six categories. Are you gonna do that this year? Are you gonna create some categories? Or create some goals? I do it. I do it a little differently. But I have a very similar

04:55

It's a it's the same idea. It's just a little slightly different frame, but I do, basically,

It's a it's the same idea. It's just a little slightly different frame, but I do, basically,

04:59

I score myself, health,

I score myself, health,

05:01

wealth,

wealth,

05:03

So what is it? Health, wealth,

So what is it? Health, wealth,

05:06

fun, or, like, play is kinda that one. And then

fun, or, like, play is kinda that one. And then

05:09

love, and then the last one is it's like self respect. Like, how do I view myself? And so those are my five categories. And I basically say on a scale of one to five,

love, and then the last one is it's like self respect. Like, how do I view myself? And so those are my five categories. And I basically say on a scale of one to five,

05:19

where how would I score myself currently, the present moment.

where how would I score myself currently, the present moment.

05:23

And then

And then

05:24

what would it take to be to feel like it's a five? What would make me feel like it's a five? And I start to sort of dream that up. Okay. Yeah. If this, this, and this.

what would it take to be to feel like it's a five? What would make me feel like it's a five? And I start to sort of dream that up. Okay. Yeah. If this, this, and this.

05:32

And then what I do is every three months, I just go look at that scoreboard and I say, have I made progress on those, like, are have any meters moved up or down? And that's just my little percentage that I share. My check engine lights. I gotta see if there's an issue. I gotta address it. If there's if I'm making positive progress. Alright. Fantastic.

And then what I do is every three months, I just go look at that scoreboard and I say, have I made progress on those, like, are have any meters moved up or down? And that's just my little percentage that I share. My check engine lights. I gotta see if there's an issue. I gotta address it. If there's if I'm making positive progress. Alright. Fantastic.

05:51

What was your self respect number this year?

What was your self respect number this year?

05:53

Self respect was pretty high. It was a four and,

Self respect was pretty high. It was a four and,

05:56

four out of five.

four out of five.

05:58

So pretty good.

So pretty good.

06:00

Yeah. That one used to be lower. So, like, I added it because I was like, you know, all these things are pretty good. Something feels off. What's missing? And I go,

Yeah. That one used to be lower. So, like, I added it because I was like, you know, all these things are pretty good. Something feels off. What's missing? And I go,

06:10

I think I

I think I

06:11

would respect me more if I was doing some things a little differently. And so I still added that. I go you know, I don't really care, you know, that's the one I care the most about, basically. You know, my my self self esteem, my my my my judgment on myself.

would respect me more if I was doing some things a little differently. And so I still added that. I go you know, I don't really care, you know, that's the one I care the most about, basically. You know, my my self self esteem, my my my my judgment on myself.

06:23

And,

And,

06:24

And it's the truest gauge because, like, even if all the surface level stuff looks fine,

And it's the truest gauge because, like, even if all the surface level stuff looks fine,

06:30

it's, like, only I have full evidence of of the little shithead that I am. And only I see all those moments where I take the shortcuts or where I lack the discipline or where I choose the small boy path instead of doing something more adventurous. So only I know. And so that's why I decided, alright. I gotta I gotta add that to the scoreboard.

it's, like, only I have full evidence of of the little shithead that I am. And only I see all those moments where I take the shortcuts or where I lack the discipline or where I choose the small boy path instead of doing something more adventurous. So only I know. And so that's why I decided, alright. I gotta I gotta add that to the scoreboard.

06:49

This is the most bro y thing ever, but on Joe rogan's podcast,

This is the most bro y thing ever, but on Joe rogan's podcast,

06:53

Guy Ritchie, you know, Guy Ritchie, he directed like Snatch and, these other movies. He, he goes, I live life as if I'm the director of my own movie.

Guy Ritchie, you know, Guy Ritchie, he directed like Snatch and, these other movies. He, he goes, I live life as if I'm the director of my own movie.

07:01

And he said that line, and it was awesome. That's a really cool line. And so that's why I created an adventure category because I'm like, dude, I'm such a bitch. I just sit behind my computer all day. Like, I don't do anything, like, sick. Like, I'm watching this James Bond movie and he's like blowing up in an acid Martin. I'm like, this is way so much cooler than having, like, a Shopify store. Like, I I need to I need to do more adventurous stuff. And so I think it's good that we both have adventure or fun. You gotta call yours the, the four F. So, family, financial, fitness, and fun. That'd be way easier to remember, and then self respect. Yeah. The s p four system

And he said that line, and it was awesome. That's a really cool line. And so that's why I created an adventure category because I'm like, dude, I'm such a bitch. I just sit behind my computer all day. Like, I don't do anything, like, sick. Like, I'm watching this James Bond movie and he's like blowing up in an acid Martin. I'm like, this is way so much cooler than having, like, a Shopify store. Like, I I need to I need to do more adventurous stuff. And so I think it's good that we both have adventure or fun. You gotta call yours the, the four F. So, family, financial, fitness, and fun. That'd be way easier to remember, and then self respect. Yeah. The s p four system

07:35

sounds like you're

sounds like you're

07:36

Yeah. Yeah. It's

Yeah. Yeah. It's

07:38

four four simple steps to financial

four four simple steps to financial

07:40

trademark Act.

trademark Act.

07:44

The four f's to freedom.

The four f's to freedom.

07:46

Yeah. Freedom was only four f's away.

Yeah. Freedom was only four f's away.

07:49

We got our slogans.

We got our slogans.

07:51

Both the four slugs go.

Both the four slugs go.

07:53

That's what it needs to be. I was actually thinking about doing this. I actually was, I don't know if people would be interested in doing this. It's not really, like, It's not really, like, worth my time, but I kinda wanna do it anyways, which is, like, I wanna do a

That's what it needs to be. I was actually thinking about doing this. I actually was, I don't know if people would be interested in doing this. It's not really, like, It's not really, like, worth my time, but I kinda wanna do it anyways, which is, like, I wanna do a

08:04

it's not a course. It's, like,

it's not a course. It's, like,

08:06

What do you call it when it's like, like Michael Jordan used to do this? We're in the mornings. He would go work out at five AM or six AM. He called it the breakfast club. And he was basically just, like, like, he started doing it alone. And then some guy saw him, like, walking through the the hotel that, you know, because some guy came from partying and saw Michael Jordan go into the to the gym. He's like, what are you doing? Mike? He's like, oh, yeah. I work out every day if I'm in. You should come. Be here tomorrow. And then the guy came. And then slowly, surely, the whole team ended up going to the breakfast club, and they had a great year. They won the championship that year. And, I kinda wanna do that for kickstarting the new year, which is, like, first of all, we're not gonna do it January first, but I just want a batch of people who all want to, like, level up in their, you know, their four f basically. Dude, I've thought about this so much. And just be like, yo, it's a group, and we're just gonna be here. We're gonna be together for, like,

What do you call it when it's like, like Michael Jordan used to do this? We're in the mornings. He would go work out at five AM or six AM. He called it the breakfast club. And he was basically just, like, like, he started doing it alone. And then some guy saw him, like, walking through the the hotel that, you know, because some guy came from partying and saw Michael Jordan go into the to the gym. He's like, what are you doing? Mike? He's like, oh, yeah. I work out every day if I'm in. You should come. Be here tomorrow. And then the guy came. And then slowly, surely, the whole team ended up going to the breakfast club, and they had a great year. They won the championship that year. And, I kinda wanna do that for kickstarting the new year, which is, like, first of all, we're not gonna do it January first, but I just want a batch of people who all want to, like, level up in their, you know, their four f basically. Dude, I've thought about this so much. And just be like, yo, it's a group, and we're just gonna be here. We're gonna be together for, like,

08:53

ten days or twenty one days or something like that. It's like, we're just gonna hela momentum, all feeding off of each other's, like, progress and energy. And it's just literally gonna be,

ten days or twenty one days or something like that. It's like, we're just gonna hela momentum, all feeding off of each other's, like, progress and energy. And it's just literally gonna be,

09:02

like, you know, you put in, I don't know, like a hundred bucks and you join this group chat And then I will every morning, I will drop kind of like,

like, you know, you put in, I don't know, like a hundred bucks and you join this group chat And then I will every morning, I will drop kind of like,

09:10

something that's high energy to spark the group. And then you just check-in with your shit, and it's just a momentum club. Just for people who wanna build massive amount of momentum.

something that's high energy to spark the group. And then you just check-in with your shit, and it's just a momentum club. Just for people who wanna build massive amount of momentum.

09:20

So I kinda wanna do this. I I actually really just wanna be a member of one. But I don't think this exists. So therefore, I think I might create it. And I might kick it off, like, you know, whatever. December

So I kinda wanna do this. I I actually really just wanna be a member of one. But I don't think this exists. So therefore, I think I might create it. And I might kick it off, like, you know, whatever. December

09:32

fifteenth or December, like, twentieth or something. Have you heard of seventy five hard?

fifteenth or December, like, twentieth or something. Have you heard of seventy five hard?

09:37

Of course. Yeah. That's yeah. That's the inspiration for this. This guy's crazy. So his name's I don't know his last name, Andy, f. I Andy Frcella. So he basically has, like,

Of course. Yeah. That's yeah. That's the inspiration for this. This guy's crazy. So his name's I don't know his last name, Andy, f. I Andy Frcella. So he basically has, like,

09:47

a supplement company. And if you look at the podcast charts, This week, you and I were, like, number twelve or thirteen. This guy's always, like, number two or number one. So he's got, like, a pretty big following, and he's he's I think it's a daily podcast. So he does a pretty good job there, but he started this thing called seventy five hard. And here's the rules. If you skip a day, you have to start over. If you miss a task, You have to start over at day one. You have to pick a diet and follow it and no alcohol and no cheat meals. You have to drink a water, a gallon of water a day, complete two daily workouts. One of each two daily workouts that are forty five minutes each, one of which one of which has to be outside. Read ten pages of day of a non fiction book and take a progress photo every day, and you have to do that for seventy five days.

a supplement company. And if you look at the podcast charts, This week, you and I were, like, number twelve or thirteen. This guy's always, like, number two or number one. So he's got, like, a pretty big following, and he's he's I think it's a daily podcast. So he does a pretty good job there, but he started this thing called seventy five hard. And here's the rules. If you skip a day, you have to start over. If you miss a task, You have to start over at day one. You have to pick a diet and follow it and no alcohol and no cheat meals. You have to drink a water, a gallon of water a day, complete two daily workouts. One of each two daily workouts that are forty five minutes each, one of which one of which has to be outside. Read ten pages of day of a non fiction book and take a progress photo every day, and you have to do that for seventy five days.

10:28

And he's killed it. If you look at the app downloads, it's like ten bucks for five dollars or something for the app. There's thousands and thousands of reviews. He's totally turned this into a movement. The he's done a really good job at that. Yeah. Yeah. That's I think that's, like, a plus version of what I'm talking about. Mine is way simpler because I'm not trying to work out twice a day and, like, you know, carry a gallon of water around or whatever. It's more like

And he's killed it. If you look at the app downloads, it's like ten bucks for five dollars or something for the app. There's thousands and thousands of reviews. He's totally turned this into a movement. The he's done a really good job at that. Yeah. Yeah. That's I think that's, like, a plus version of what I'm talking about. Mine is way simpler because I'm not trying to work out twice a day and, like, you know, carry a gallon of water around or whatever. It's more like

10:50

What is one simple thing I can do just to create momentum? Because I think most people

What is one simple thing I can do just to create momentum? Because I think most people

10:56

most people assume the answer is so hard.

most people assume the answer is so hard.

10:59

That they literally just do nothing.

That they literally just do nothing.

11:01

Right? It's like, if you're not working out, you don't need a workout plan. You need to walk to the gym and, like, be in the gym for five minutes, ten minutes. I do all a push up. Like, they're, like, just a full a sense of forward progress. And,

Right? It's like, if you're not working out, you don't need a workout plan. You need to walk to the gym and, like, be in the gym for five minutes, ten minutes. I do all a push up. Like, they're, like, just a full a sense of forward progress. And,

11:17

And and more than anything, usually, it's, like, especially with the new year stuff. It's, like, figure out what even what even do you really want? Like, do do you have enough clarity in what you really want where it's, like, on the tip of your tongue. And therefore,

And and more than anything, usually, it's, like, especially with the new year stuff. It's, like, figure out what even what even do you really want? Like, do do you have enough clarity in what you really want where it's, like, on the tip of your tongue. And therefore,

11:29

your brain is recognizing opportunities

your brain is recognizing opportunities

11:32

to achieve that thing

to achieve that thing

11:34

all day. Right? If it's not on the tip of your tongue, then your brain's not gonna be seeing it, you know, seeing those moments or those opportunities for it to happen. I'll give you an example of one of these. Like, my trainer. So I moved my workouts to the morning. So now it's great. I start my start my day. Wake up, literally go down the garage.

all day. Right? If it's not on the tip of your tongue, then your brain's not gonna be seeing it, you know, seeing those moments or those opportunities for it to happen. I'll give you an example of one of these. Like, my trainer. So I moved my workouts to the morning. So now it's great. I start my start my day. Wake up, literally go down the garage.

11:50

Eight AM. So eight AM is the start of the workout. So

Eight AM. So eight AM is the start of the workout. So

11:53

I do that right before I do this. And he always gives me these little stories, but I turn them into games. So he'll be like, dude, on the way over here, he's like, He's like, I asked myself, you know, he's like, I was he's like, I stopped at Whole Foods or whatever.

I do that right before I do this. And he always gives me these little stories, but I turn them into games. So he'll be like, dude, on the way over here, he's like, He's like, I asked myself, you know, he's like, I was he's like, I stopped at Whole Foods or whatever.

12:06

And this, like, old lady, like, clipped my Achilles with her cart And my initial reaction was to be like, what the, you know, like, he was it's like if you if you get, you know, flat, you know, flat tie in the back with this car. It's like, dude, you know, what's what you're doing? He look he's like, look back. It's a grandma. I had to laugh at myself for how mad I was gonna get for nothing. He's like, so I decided I was like, alright. Before I leave whole foods, I gotta reverse the karma. I'm gonna light someone up today. He's like, I'm a I'm a make somebody's day right now. Like, somebody is gonna have a laugh because of me because of how, you know, I was in this mood. I'm gonna switch it. And, and so then he tells me the story of how he did it. And I'm like, That's a great little daily, like, one daily challenge for me today. I'm gonna light somebody up today, and I'm gonna make their day. I'm gonna make them laugh. I'm gonna do something unexpected

And this, like, old lady, like, clipped my Achilles with her cart And my initial reaction was to be like, what the, you know, like, he was it's like if you if you get, you know, flat, you know, flat tie in the back with this car. It's like, dude, you know, what's what you're doing? He look he's like, look back. It's a grandma. I had to laugh at myself for how mad I was gonna get for nothing. He's like, so I decided I was like, alright. Before I leave whole foods, I gotta reverse the karma. I'm gonna light someone up today. He's like, I'm a I'm a make somebody's day right now. Like, somebody is gonna have a laugh because of me because of how, you know, I was in this mood. I'm gonna switch it. And, and so then he tells me the story of how he did it. And I'm like, That's a great little daily, like, one daily challenge for me today. I'm gonna light somebody up today, and I'm gonna make their day. I'm gonna make them laugh. I'm gonna do something unexpected

12:51

that just makes somebody really, really happy. And then I took that as my challenge. And, like, by by noon, I had done it. And I was like, That's just a little thing that wasn't gonna happen, but it was a lot of forward momentum towards something that I personally care about, which is being that type of dude. Being that type of dude is in that type of mood who put is contagious with other people. When I hear light someone up, I don't think make their day good. I think the opposite. Well, yeah. There is, like,

that just makes somebody really, really happy. And then I took that as my challenge. And, like, by by noon, I had done it. And I was like, That's just a little thing that wasn't gonna happen, but it was a lot of forward momentum towards something that I personally care about, which is being that type of dude. Being that type of dude is in that type of mood who put is contagious with other people. When I hear light someone up, I don't think make their day good. I think the opposite. Well, yeah. There is, like,

13:17

we're not playing halo here. Whatever we go, like,

we're not playing halo here. Whatever we go, like,

13:20

shoot people out.

shoot people out.

13:21

They light them up. Like, you know, brighten their day.

They light them up. Like, you know, brighten their day.

13:25

I feel that. Well, I think that's good. Let me know what you're what you're how you're gonna organize this. Well, now that I said, I feel like I have to do it. Was an idea that I was not gonna do until,

I feel that. Well, I think that's good. Let me know what you're what you're how you're gonna organize this. Well, now that I said, I feel like I have to do it. Was an idea that I was not gonna do until,

13:34

I just got roped up into doing it here on the pod. But, okay, we'll we'll do it.

I just got roped up into doing it here on the pod. But, okay, we'll we'll do it.

13:38

Okay. Do you have anything else on this New Year thing that you wanna talk about? No. I just think that we we got to make goals and we have to make them. And you

Okay. Do you have anything else on this New Year thing that you wanna talk about? No. I just think that we we got to make goals and we have to make them. And you

13:45

you have to decide and start acting on them before January first.

you have to decide and start acting on them before January first.

13:49

Doing goals on January first is weak. That's nonsense. That's nonsense. We can't be doing that. You know, we did a a Spartan race, I think, together, but they that one in Tough Motor. They do this thing where

Doing goals on January first is weak. That's nonsense. That's nonsense. We can't be doing that. You know, we did a a Spartan race, I think, together, but they that one in Tough Motor. They do this thing where

13:59

before you get to the start line, like, it's like, oh, I'm here to do the tough motor race. You go you're trying to get to the starting point, and there's, like, a wall. You gotta climb just to get to the starting line.

before you get to the start line, like, it's like, oh, I'm here to do the tough motor race. You go you're trying to get to the starting point, and there's, like, a wall. You gotta climb just to get to the starting line.

14:09

And, you know, it's sort of, like,

And, you know, it's sort of, like,

14:11

laughable. It's, like, stereotypical thing, but it's, like Yeah. But it's fun. But it's fun, and it it's a it's a line in the sand. It's, like, either you believe that this sort of thing is awesome, or you should just leave now. Honestly, if you're, like, and I can bitch about the wall before the starting line. Well, guess what happens after the starting line? A bunch of walls and a bunch of obstacles and adversity that's coming your way. And if you aren't willing

laughable. It's, like, stereotypical thing, but it's, like Yeah. But it's fun. But it's fun, and it it's a it's a line in the sand. It's, like, either you believe that this sort of thing is awesome, or you should just leave now. Honestly, if you're, like, and I can bitch about the wall before the starting line. Well, guess what happens after the starting line? A bunch of walls and a bunch of obstacles and adversity that's coming your way. And if you aren't willing

14:34

to do it before, you know, to go before go. Like, you know, that you're not this is not for you. And I just love that, like, I remember filing that away in the in the mental swipe file of, like,

to do it before, you know, to go before go. Like, you know, that you're not this is not for you. And I just love that, like, I remember filing that away in the in the mental swipe file of, like,

14:45

that's how you build a brand is

that's how you build a brand is

14:47

you, like, you think about what would be the way that we would do a starting line? Do before you even get to the start line. There's an to go. And, I I remember thinking that. And so that's kinda like the New Year's thing to me. There's, like,

you, like, you think about what would be the way that we would do a starting line? Do before you even get to the start line. There's an to go. And, I I remember thinking that. And so that's kinda like the New Year's thing to me. There's, like,

14:58

the the starting line is not January first. It's now.

the the starting line is not January first. It's now.

15:02

Yeah. Whenever I create, like, you know, everyone has this thing where they go, I'm gonna eat healthy starting tomorrow.

Yeah. Whenever I create, like, you know, everyone has this thing where they go, I'm gonna eat healthy starting tomorrow.

15:07

And that just says to them, like, alright. I could pick up now, but I'm gonna start tomorrow. And whenever I think of dieting, I'm like, no. Whenever you have the idea to, like, I'm gonna do this, you have to actually start the second. You can't say I'll do that same thing. And but I'll be like, like, if I have the plate in front of me, I'm like, alright. I'm already feeling guilty.

And that just says to them, like, alright. I could pick up now, but I'm gonna start tomorrow. And whenever I think of dieting, I'm like, no. Whenever you have the idea to, like, I'm gonna do this, you have to actually start the second. You can't say I'll do that same thing. And but I'll be like, like, if I have the plate in front of me, I'm like, alright. I'm already feeling guilty.

15:25

It's not finishes me and start healthy tomorrow. It's I have as a physically go take this plate to the garbage can and throw it away. But first, and I take the last bite, like, I'm a prisoner on death row And this is the last bite. And I just savor that last bite, like, it is, like, every particle of that bite is, like, my heaven. And then after that bite, you'll throw the thing away. That's right. You gotta start right away. So that's my whole thing with goals. If you're gonna do them, you gotta start right away. What

It's not finishes me and start healthy tomorrow. It's I have as a physically go take this plate to the garbage can and throw it away. But first, and I take the last bite, like, I'm a prisoner on death row And this is the last bite. And I just savor that last bite, like, it is, like, every particle of that bite is, like, my heaven. And then after that bite, you'll throw the thing away. That's right. You gotta start right away. So that's my whole thing with goals. If you're gonna do them, you gotta start right away. What

15:52

What's this? What where do you wanna go? What's the most interesting thing? Arbitrage

What's this? What where do you wanna go? What's the most interesting thing? Arbitrage

15:56

that and money quote automatically have me interested. Okay. Let me do the money quote real quick. Saw this, and this is something that I would say, like,

that and money quote automatically have me interested. Okay. Let me do the money quote real quick. Saw this, and this is something that I would say, like,

16:05

resonated with me as a lesson for the year. Right?

resonated with me as a lesson for the year. Right?

16:09

All know you boys lost a lot of money this year. We know. We know it happened. We know that the that there there is such a thing as the as the risk playing out this year. And

All know you boys lost a lot of money this year. We know. We know it happened. We know that the that there there is such a thing as the as the risk playing out this year. And

16:18

One thing that really stood out was when I read this quote. I read it on Twitter. I'll read it to you right. By the way, how do you feel about losing money? Are you actually upset?

One thing that really stood out was when I read this quote. I read it on Twitter. I'll read it to you right. By the way, how do you feel about losing money? Are you actually upset?

16:25

Look, nobody nobody likes losing money. I don't like losing the money, but

Look, nobody nobody likes losing money. I don't like losing the money, but

16:30

diversity is my opportunity. So, you know But do you go to do you go to bet do you,

diversity is my opportunity. So, you know But do you go to do you go to bet do you,

16:35

do you go to bed worried?

do you go to bed worried?

16:37

No.

No.

16:40

Got it. What's that gonna do?

Got it. What's that gonna do?

16:42

Well,

Well,

16:43

most people if I ever felt that way, I'd be like, what's that gonna do for me? And then I would stop. Okay. So you're you are worried, but you're not that worried. You're sleeping fine. So don't worry. And worry wouldn't even worry is not even close. It's more like the if there is an emotion that I would feel that's negative, it would be, like,

most people if I ever felt that way, I'd be like, what's that gonna do for me? And then I would stop. Okay. So you're you are worried, but you're not that worried. You're sleeping fine. So don't worry. And worry wouldn't even worry is not even close. It's more like the if there is an emotion that I would feel that's negative, it would be, like,

16:59

shit. Or, ah, fuck. Right? Like, it's like well, is it out of fear or out of the garbage? Of, like, kicking myself. Like, dang, I made a mistake or

shit. Or, ah, fuck. Right? Like, it's like well, is it out of fear or out of the garbage? Of, like, kicking myself. Like, dang, I made a mistake or

17:07

So, like, I should've thought, like, you're like ashamed of yourself. Like, you're like, you're upset that I made a bad decision. Yeah. It's like, oh, I, you know, it's like if I'm playing ping pong and I hit the ball into the net, that was an unforced error. Could I have done something differently? Could I have shifted my angle slightly? Could I have taken a little less power on it or whatever. Right? Like, there are things you ask yourself. Could I not have read the signs differently

So, like, I should've thought, like, you're like ashamed of yourself. Like, you're like, you're upset that I made a bad decision. Yeah. It's like, oh, I, you know, it's like if I'm playing ping pong and I hit the ball into the net, that was an unforced error. Could I have done something differently? Could I have shifted my angle slightly? Could I have taken a little less power on it or whatever. Right? Like, there are things you ask yourself. Could I not have read the signs differently

17:27

or hedged or done certain things in order to protect myself? But

or hedged or done certain things in order to protect myself? But

17:31

But do you feel pressured now that you gotta go make that up? Are you like, shit, I put all this work in to get the initial thing. Now I gotta go and put more time in to go get it back. No. No. Because I see, this is the good thing about playing being a poker degenerate for so long is, like, I've already gone through that, like, mental, like, trap a thousand times. So I know how to I know how to get out of those handcuffs. Like, if you play poker,

But do you feel pressured now that you gotta go make that up? Are you like, shit, I put all this work in to get the initial thing. Now I gotta go and put more time in to go get it back. No. No. Because I see, this is the good thing about playing being a poker degenerate for so long is, like, I've already gone through that, like, mental, like, trap a thousand times. So I know how to I know how to get out of those handcuffs. Like, if you play poker,

17:53

you you will on a weekly basis have this feeling of, like, Oh, god. I'm on a downswing, either because I'm playing bad or bad luck or whatever. And then the urge is to get it back. And I've literally been the dude who walks to the ATM at the casino,

you you will on a weekly basis have this feeling of, like, Oh, god. I'm on a downswing, either because I'm playing bad or bad luck or whatever. And then the urge is to get it back. And I've literally been the dude who walks to the ATM at the casino,

18:06

And it's like, would you like to pay the seventeen dollar service fee? I'm like, yeah, fuck it. Give it to me. And then I, like, push it and I get the get the six hundred dollars out, and I hit the max And then I'm like, alright, I got six hundred dollars. I'm three grand in the hole, and I gotta get it back. And then I lose the six hundred. I'm like, well, later that night as I'm reflecting in my comp hotel room because I lost so much money, which is the ultimate backhanded compliment where they give you a free free room. They're like, please, sir, come back tomorrow. We we would love to take your money again.

And it's like, would you like to pay the seventeen dollar service fee? I'm like, yeah, fuck it. Give it to me. And then I, like, push it and I get the get the six hundred dollars out, and I hit the max And then I'm like, alright, I got six hundred dollars. I'm three grand in the hole, and I gotta get it back. And then I lose the six hundred. I'm like, well, later that night as I'm reflecting in my comp hotel room because I lost so much money, which is the ultimate backhanded compliment where they give you a free free room. They're like, please, sir, come back tomorrow. We we would love to take your money again.

18:32

They're like, don't go home. They're, you know, they're like, you guys, I'm sitting there laying there and I think to myself, you know what? I shouldn't have gone and got that extra money. I should have cooled off. Should have gone with a clear mind. I should have, you know, gambled at the right stakes so that I wasn't trying to win it all back in the next hand or the next hour or whatever it is. So playing poker online and offline. You know, I've done a lot of the rookie mistakes hundreds of times. And at some point, you realize, okay. Gotta manage my bankroll properly. So I can't go broke. Secondly,

They're like, don't go home. They're, you know, they're like, you guys, I'm sitting there laying there and I think to myself, you know what? I shouldn't have gone and got that extra money. I should have cooled off. Should have gone with a clear mind. I should have, you know, gambled at the right stakes so that I wasn't trying to win it all back in the next hand or the next hour or whatever it is. So playing poker online and offline. You know, I've done a lot of the rookie mistakes hundreds of times. And at some point, you realize, okay. Gotta manage my bankroll properly. So I can't go broke. Secondly,

19:02

if you lose, you live to fight another day. Go clear your head. Change your state. Don't come back and gamble right away.

if you lose, you live to fight another day. Go clear your head. Change your state. Don't come back and gamble right away.

19:08

Second, like, the money you're playing with now is not to win back the money you just won or lost. So if you want a bunch of money, that doesn't mean play reckless now. If you lost a bunch of money, that doesn't play play desperate now. Like, you have play in isolation.

Second, like, the money you're playing with now is not to win back the money you just won or lost. So if you want a bunch of money, that doesn't mean play reckless now. If you lost a bunch of money, that doesn't play play desperate now. Like, you have play in isolation.

19:20

You have to play the odds and you have to play, you know, the best game you can is try to make positive decisions. So you learn that in poker now for me with business or investing.

You have to play the odds and you have to play, you know, the best game you can is try to make positive decisions. So you learn that in poker now for me with business or investing.

19:28

That's all, like, baked into my DNA because I spent, like, ten years doing that. Sure.

That's all, like, baked into my DNA because I spent, like, ten years doing that. Sure.

19:33

Alright. Well, and so what about the money quote? Alright. The money quote is this.

Alright. Well, and so what about the money quote? Alright. The money quote is this.

19:36

He goes, for and by the way, this was I just saw this on Twitter. I don't know who I don't know the source of this. This is from a book. So it says for one thing, we usually act too quickly when we're trying to make money and two slowly when we're trying to protect our money. If you're pressed to make a decision, ask yourself, am I doing this to protect my money or to make my money more make more money? If the answer is protect, you should act more quickly. If the answer is to make money, you should act slowly.

He goes, for and by the way, this was I just saw this on Twitter. I don't know who I don't know the source of this. This is from a book. So it says for one thing, we usually act too quickly when we're trying to make money and two slowly when we're trying to protect our money. If you're pressed to make a decision, ask yourself, am I doing this to protect my money or to make my money more make more money? If the answer is protect, you should act more quickly. If the answer is to make money, you should act slowly.

20:02

And I don't know, but I don't know if this is true for you. I think you're wired quite differently than me, for me, this was like,

And I don't know, but I don't know if this is true for you. I think you're wired quite differently than me, for me, this was like,

20:08

you know, like, when you're in a room and you say something and then you found that echo spot and it just bounces on all the walls and you hear it a thousand times. Because what do you do? It's exactly this. Like, when I feel like there's a moment to make money, I act very impulsively quickly. I kind of I'll

you know, like, when you're in a room and you say something and then you found that echo spot and it just bounces on all the walls and you hear it a thousand times. Because what do you do? It's exactly this. Like, when I feel like there's a moment to make money, I act very impulsively quickly. I kind of I'll

20:23

not put as much thought and research or diligence or patience into making addition. I won't sleep on it. Because if it's making money, I try to strike while they're on top. Survey mailed well in some ways, but it's also been the source of many mistakes.

not put as much thought and research or diligence or patience into making addition. I won't sleep on it. Because if it's making money, I try to strike while they're on top. Survey mailed well in some ways, but it's also been the source of many mistakes.

20:35

And then there's the other side of it. When I'm trying to, like, protect money, so for example, I'll tell you in the crypto case right now, it's

And then there's the other side of it. When I'm trying to, like, protect money, so for example, I'll tell you in the crypto case right now, it's

20:42

I

I

20:43

I saw and heard because we were doing the milk road, we started reporting about

I saw and heard because we were doing the milk road, we started reporting about

20:47

these, like, collapses before they happen. Like the lunar collapse right before it happened. The celsius one before it happened, we put it in the newsletter. The,

these, like, collapses before they happen. Like the lunar collapse right before it happened. The celsius one before it happened, we put it in the newsletter. The,

20:55

the the FTX one. And in each case, I kinda was like, no. Let me see how this plays out. When the the prudent thing to do would've been to act more swiftly and say, hey. Just out of an abundance of caution, let me withdraw my money out of this thing or Let me place a hedge. Let me let me do something to protect myself here. And I kind of was just like, let me sit back and let's see it when the action arrives. Then I'll take then I'll put my my dukes up. Right? And in reality, so I've learned that for me, this is a really good rule of thumb, which is if I'm trying to make money, That's the time to slow down and be a little more diligent. If I'm trying if it's about if I should if I'm in a protect money mode, I should be pushing the action and acting more decisively and quickly. Because my nature is to do the opposite.

the the FTX one. And in each case, I kinda was like, no. Let me see how this plays out. When the the prudent thing to do would've been to act more swiftly and say, hey. Just out of an abundance of caution, let me withdraw my money out of this thing or Let me place a hedge. Let me let me do something to protect myself here. And I kind of was just like, let me sit back and let's see it when the action arrives. Then I'll take then I'll put my my dukes up. Right? And in reality, so I've learned that for me, this is a really good rule of thumb, which is if I'm trying to make money, That's the time to slow down and be a little more diligent. If I'm trying if it's about if I should if I'm in a protect money mode, I should be pushing the action and acting more decisively and quickly. Because my nature is to do the opposite.

21:34

Dude, my nature is to do

Dude, my nature is to do

21:36

so I'm pretty slow when it comes to money making stuff. I'm like, no. I'm gonna, like, actually assess if if wanna do this. If it if it involves like a business that I have to operate or think about, I go, you know, do I wanna do this for a long period of time? Let me actually reflect on this. But then when it comes to selling and protecting, I don't.

so I'm pretty slow when it comes to money making stuff. I'm like, no. I'm gonna, like, actually assess if if wanna do this. If it if it involves like a business that I have to operate or think about, I go, you know, do I wanna do this for a long period of time? Let me actually reflect on this. But then when it comes to selling and protecting, I don't.

21:52

I don't.

I don't.

21:53

So, like, if I buy a piece of property or something like that and let's say it's not working, I'm like, I don't care. I'm holding on to this I if I own, like, some type of,

So, like, if I buy a piece of property or something like that and let's say it's not working, I'm like, I don't care. I'm holding on to this I if I own, like, some type of,

22:01

public equity, I go, I just pretend that it, like, I just can't sell. I've never sold a, a stock in my life. And I'm not sure if that's actually wise. You've never sold a stock?

public equity, I go, I just pretend that it, like, I just can't sell. I've never sold a, a stock in my life. And I'm not sure if that's actually wise. You've never sold a stock?

22:13

Never. I don't think so. I don't think ever.

Never. I don't think so. I don't think ever.

22:16

Not one ever.

Not one ever.

22:19

Maybe when I was fucking around, I was like trying to create content for the podcast when the,

Maybe when I was fucking around, I was like trying to create content for the podcast when the,

22:23

when the AMC thing happened, and I think I bought five hundred dollars for the stuff. And then I sold it when I earned, like,

when the AMC thing happened, and I think I bought five hundred dollars for the stuff. And then I sold it when I earned, like,

22:29

a ten percent return in one day. And I was just, like, fucking around to, like, figure out how Robinhood

a ten percent return in one day. And I was just, like, fucking around to, like, figure out how Robinhood

22:34

but that was more experimental.

but that was more experimental.

22:36

But, no, besides that, I don't think I've ever really sold this talk in my life. I think that maybe my,

But, no, besides that, I don't think I've ever really sold this talk in my life. I think that maybe my,

22:41

wealth manager or, like, my banker, like, does, like, tax harvests,

wealth manager or, like, my banker, like, does, like, tax harvests,

22:45

where, like, he's, like, yeah, but, like, Me personally, I have never sold

where, like, he's, like, yeah, but, like, Me personally, I have never sold

22:49

I've never sold the single stock.

I've never sold the single stock.

22:51

That's amazing. Wow. Okay. So great. You're wired very well for for success when it comes to You sold Wait. But so when you you, like, buy and sell, like, equities?

That's amazing. Wow. Okay. So great. You're wired very well for for success when it comes to You sold Wait. But so when you you, like, buy and sell, like, equities?

23:00

Yeah. For sure.

Yeah. For sure.

23:02

No. I don't ever do that. I've never done that in my life. I don't think that's the right thing to do. Do you actually think that you're gonna outperform someone who naturally does this for a living and has, like, twenty billion dollars or fifty billion dollars in assets? Well, either way, you're thinking about, right? Like, what even if you don't sell, putting your money in assuming you're I don't think I'm not trying to outperform somebody else. I'm simply trying to make more money. I'm trying to increase my rate of return. I'm trying to make more money or reduce my losses. And so one strategy is buy and hold forever, buy good assets and hold them forever.

No. I don't ever do that. I've never done that in my life. I don't think that's the right thing to do. Do you actually think that you're gonna outperform someone who naturally does this for a living and has, like, twenty billion dollars or fifty billion dollars in assets? Well, either way, you're thinking about, right? Like, what even if you don't sell, putting your money in assuming you're I don't think I'm not trying to outperform somebody else. I'm simply trying to make more money. I'm trying to increase my rate of return. I'm trying to make more money or reduce my losses. And so one strategy is buy and hold forever, buy good assets and hold them forever.

23:31

And another ask, another one is,

And another ask, another one is,

23:34

Sean wakes up, feels a certain type of way and starts making decisions that he shouldn't be making. Right? Like, what if I told you that you're allowed to go start a private business, and you're allowed to go do things like that. But any profit that you make, what it has to go into this pile of money that you can never touch again unless you wanna withdraw the gains, but you cannot invest in anything other than this one thing, but it will get a seven point five percent return every single year for the next hundred years. Would you accept that seven point five percent return?

Sean wakes up, feels a certain type of way and starts making decisions that he shouldn't be making. Right? Like, what if I told you that you're allowed to go start a private business, and you're allowed to go do things like that. But any profit that you make, what it has to go into this pile of money that you can never touch again unless you wanna withdraw the gains, but you cannot invest in anything other than this one thing, but it will get a seven point five percent return every single year for the next hundred years. Would you accept that seven point five percent return?

24:05

Shoot me in the head. Why don't you? I mean, come on. What if I said you can only have white bread and turkey slices for the rest of your life. Wow. So you wouldn't take that seven point five percent return every single year? No.

Shoot me in the head. Why don't you? I mean, come on. What if I said you can only have white bread and turkey slices for the rest of your life. Wow. So you wouldn't take that seven point five percent return every single year? No.

24:17

Dude, that is the craziest thing on

Dude, that is the craziest thing on

24:19

really? I would take that stuff. Other than that.

really? I would take that stuff. Other than that.

24:23

I'm not saying I'm a day trader, but I guess what here's what I'm saying. Wait. So you I would not want to literally not be able to touch my money forever nor would I not want to -- No. I mean -- not be able to make any decisions. It's like, oh, that's okay. That's okay. If I if I if I If I over perform for underperform, it's not even for that. It's just like, what's the fun in living like that? That doesn't sound fun to me. What? But in this scenario, you can go and start you can go and generate wealth, but any, like, wealth that you make that you don't spend on con things that you actually consume and use for fun. So I can't invest in startups.

I'm not saying I'm a day trader, but I guess what here's what I'm saying. Wait. So you I would not want to literally not be able to touch my money forever nor would I not want to -- No. I mean -- not be able to make any decisions. It's like, oh, that's okay. That's okay. If I if I if I If I over perform for underperform, it's not even for that. It's just like, what's the fun in living like that? That doesn't sound fun to me. What? But in this scenario, you can go and start you can go and generate wealth, but any, like, wealth that you make that you don't spend on con things that you actually consume and use for fun. So I can't invest in startups.

24:54

Love investing in startups. You can't invest in startups, and you can't find it just all your money just goes. You're you're basically you you you could spend your money how you want in terms of like buying homes or whatever. Anything that you want to have a a cool life, but all of your investment goes into a thing where you don't ever touch it and it just makes seven percent a a year. That is do do you realize seven and a half percent is that's basically, if over a hundred years, that's what the markets do. It doesn't happen every year, you know, some years thirty. Sometimes it's negative twenty, but I would totally take that any day of the week. No decisions have to be made. You don't have to worry. Seven and a half percent doubles every ten years. You don't want that. I put a portion of my money in that. Right? So I have a portion of my money in index funds that I don't touch. I don't think But all What if it was what if it was what if it was some fun? Why am I What if it was ninety five percent? What about ninety five percent?

Love investing in startups. You can't invest in startups, and you can't find it just all your money just goes. You're you're basically you you you could spend your money how you want in terms of like buying homes or whatever. Anything that you want to have a a cool life, but all of your investment goes into a thing where you don't ever touch it and it just makes seven percent a a year. That is do do you realize seven and a half percent is that's basically, if over a hundred years, that's what the markets do. It doesn't happen every year, you know, some years thirty. Sometimes it's negative twenty, but I would totally take that any day of the week. No decisions have to be made. You don't have to worry. Seven and a half percent doubles every ten years. You don't want that. I put a portion of my money in that. Right? So I have a portion of my money in index funds that I don't touch. I don't think But all What if it was what if it was what if it was some fun? Why am I What if it was ninety five percent? What about ninety five percent?

25:45

Jesus. This is crazy.

Jesus. This is crazy.

25:48

Alright. So, literally, seventeen. That's my best offer, and I'm not giving you a dollar more than seventeen for

Alright. So, literally, seventeen. That's my best offer, and I'm not giving you a dollar more than seventeen for

25:53

you have to admit so for all of our listeners here, I actually think that most people might think like you at this right now. But can you and if you're listening, you have to ask yourself this, but Sean, can you acknowledge

you have to admit so for all of our listeners here, I actually think that most people might think like you at this right now. But can you and if you're listening, you have to ask yourself this, but Sean, can you acknowledge

26:06

that

that

26:06

the seven and a half percent?

the seven and a half percent?

26:08

What's that? Listen. Listen. Can you acknowledge that the seven and a half percent is financially

What's that? Listen. Listen. Can you acknowledge that the seven and a half percent is financially

26:14

the safe and correct move? Like that will inter I don't know how, like, you know, Nerd bankers do the math, but, like, statistically speaking, like, that is the best that is the best probability to get, like, a high

the safe and correct move? Like that will inter I don't know how, like, you know, Nerd bankers do the math, but, like, statistically speaking, like, that is the best that is the best probability to get, like, a high

26:26

a good rate of return?

a good rate of return?

26:28

No. I disagree.

No. I disagree.

26:30

Here's why. That is crazy. Here's why. Here's why. Here's why.

Here's why. That is crazy. Here's why. Here's why. Here's why.

26:34

I can take that money and then just invest it in my own businesses. I could put the capital up for my own business and grow them at a much faster rate. I've done that multiple times. I did that. Oh, in this scenario,

I can take that money and then just invest it in my own businesses. I could put the capital up for my own business and grow them at a much faster rate. I've done that multiple times. I did that. Oh, in this scenario,

26:43

you could still do that. I'm just saying, like, any profits that Oh, I can't take I don't take money put in my own businesses, you're saying? Yeah. I'm saying you could start businesses

you could still do that. I'm just saying, like, any profits that Oh, I can't take I don't take money put in my own businesses, you're saying? Yeah. I'm saying you could start businesses

26:50

But like any you'll you basically have two you have one account, or you have two accounts, a checking account that's just like for your living, and then just like an investment account. And then you could go and, like, hey, look, I'm gonna go and start put a little bit money into my own privately health company. I'm saying you could do privately health companies, but you can't invest in anything outside of those things.

But like any you'll you basically have two you have one account, or you have two accounts, a checking account that's just like for your living, and then just like an investment account. And then you could go and, like, hey, look, I'm gonna go and start put a little bit money into my own privately health company. I'm saying you could do privately health companies, but you can't invest in anything outside of those things.

27:08

Yeah. So I think that for most people, that is the correct answer.

Yeah. So I think that for most people, that is the correct answer.

27:11

I think that for me, that is not the correct answer. For two minutes. And most people think they are not most people, which is crazy here. That's true. That's true. For an above average person like me, and everybody listening is like, I'm above average too.

I think that for me, that is not the correct answer. For two minutes. And most people think they are not most people, which is crazy here. That's true. That's true. For an above average person like me, and everybody listening is like, I'm above average too.

27:24

The average person thinks they're above average. This is absolutely crazy to me because if you just look at, like, all the evidence here, like, even

The average person thinks they're above average. This is absolutely crazy to me because if you just look at, like, all the evidence here, like, even

27:33

No. More above it. It's the best of that money. And I put it into

No. More above it. It's the best of that money. And I put it into

27:38

either investments that I have access to. Like, I think my start up portfolio is gonna beat seven and a half percent average. I fundamentally believe that. So I'm going to put some amount of capital in that. Like, if you're betting that your start up portfolio or my start up my angel portfolio is gonna be worse than seven and a half percent.

either investments that I have access to. Like, I think my start up portfolio is gonna beat seven and a half percent average. I fundamentally believe that. So I'm going to put some amount of capital in that. Like, if you're betting that your start up portfolio or my start up my angel portfolio is gonna be worse than seven and a half percent.

27:56

That's how you could say that, and it might end up being true. I'm not saying it's not true. I personally don't believe that's gonna be true. It has other problems. It's a liquid, and and there's other things like that, but I think the rate of returns gonna be closer to twenty or thirty percent. And so I'm gonna put some of my money towards that. I'll put some into my own businesses.

That's how you could say that, and it might end up being true. I'm not saying it's not true. I personally don't believe that's gonna be true. It has other problems. It's a liquid, and and there's other things like that, but I think the rate of returns gonna be closer to twenty or thirty percent. And so I'm gonna put some of my money towards that. I'll put some into my own businesses.

28:13

I might buy a business or buy a minority stake in other people's businesses that are growing twenty, thirty, forty percent a year. And, again, a different liquidity, different liquidity, different risk profiles, but, like, I do think that that is how I would prefer to play the game.

I might buy a business or buy a minority stake in other people's businesses that are growing twenty, thirty, forty percent a year. And, again, a different liquidity, different liquidity, different risk profiles, but, like, I do think that that is how I would prefer to play the game.

28:27

And I'm okay with the fact that this might mean that I don't beat the seven hundred half percent. I've you know, rather be the hare than the tortoise. And I'm okay. If the tortoise wins, the tortoise wins, but the hare had a lot more fun. And I just sort of believe that, you know, I'm gonna do well financially through my own businesses and my investments that, like, I'd rather do it the way that's a little more engaging to the brain that Do you have any money in index funds? Boglehead or whatever you call yourselves?

And I'm okay with the fact that this might mean that I don't beat the seven hundred half percent. I've you know, rather be the hare than the tortoise. And I'm okay. If the tortoise wins, the tortoise wins, but the hare had a lot more fun. And I just sort of believe that, you know, I'm gonna do well financially through my own businesses and my investments that, like, I'd rather do it the way that's a little more engaging to the brain that Do you have any money in index funds? Boglehead or whatever you call yourselves?

28:53

That yeah. Do you have any money in index funds? Yeah. Yeah. Yeah. I do. I I've hundreds of thousands of dollars in index funds.

That yeah. Do you have any money in index funds? Yeah. Yeah. Yeah. I do. I I've hundreds of thousands of dollars in index funds.

29:00

I I I think you're

I I I think you're

29:02

dude, the way that I look at it is my privately held companies, those generate wealth those generate,

dude, the way that I look at it is my privately held companies, those generate wealth those generate,

29:09

you know, cash flow and income. And then I only wanna focus on maximizing returns in that area. And then the whole rest, I just put in this thing that I don't and log into. I think that's a good strategy. I'm not saying that's a bad strategy. I I think that is a good strategy. It is just not the one I picked, that I that I choose for myself.

you know, cash flow and income. And then I only wanna focus on maximizing returns in that area. And then the whole rest, I just put in this thing that I don't and log into. I think that's a good strategy. I'm not saying that's a bad strategy. I I think that is a good strategy. It is just not the one I picked, that I that I choose for myself.

29:26

I act I think for most you

I act I think for most you

29:28

you are not most people, not actually in the sense that your investments are good. I do agree that they will be great But you are different from the sense in the sense of you don't get stressed out about things.

you are not most people, not actually in the sense that your investments are good. I do agree that they will be great But you are different from the sense in the sense of you don't get stressed out about things.

29:38

But for most every other per person out there, I think they should one hundred percent follow my the way that I do things. Most people don't have a floating light bulb on their desk, do they? But I do. And if you got this floating light bulb on your desk, that you bought because you wanted it to hover in the air. You're probably not the type of guy who's who's, you know, fist pumping

But for most every other per person out there, I think they should one hundred percent follow my the way that I do things. Most people don't have a floating light bulb on their desk, do they? But I do. And if you got this floating light bulb on your desk, that you bought because you wanted it to hover in the air. You're probably not the type of guy who's who's, you know, fist pumping

29:57

about the seven and a half percent index fund that they're never gonna look at for fifty years.

about the seven and a half percent index fund that they're never gonna look at for fifty years.

30:01

Alright. Then,

Alright. Then,

30:03

then

then

30:04

yeah. I I What are the four four most four most dangerous words in the English language?

yeah. I I What are the four four most four most dangerous words in the English language?

30:08

Four zero one k.

Four zero one k.

30:14

That's stupidest shit you've ever said.

That's stupidest shit you've ever said.

30:18

We're going full first take, and I'm going full skip Bayless on you.

We're going full first take, and I'm going full skip Bayless on you.

30:22

Alright. What do you what do you got? Alright. So that's the money quote.

Alright. What do you what do you got? Alright. So that's the money quote.

30:25

Let me tell you about

Let me tell you about

30:26

Okay. Let me ask you a question about arbitrage. This is actually the least I have some more well researched stuff in this, but I wanna hear what you have to say about this. Okay.

Okay. Let me ask you a question about arbitrage. This is actually the least I have some more well researched stuff in this, but I wanna hear what you have to say about this. Okay.

30:34

When I hear the word arbitrage, I automatically don't love it.

When I hear the word arbitrage, I automatically don't love it.

30:38

Okay. You might not like this question then. The question is,

Okay. You might not like this question then. The question is,

30:42

What are some of the great arbitrages

What are some of the great arbitrages

30:45

you or your friends have capitalized

you or your friends have capitalized

30:47

on? And I asked this because

on? And I asked this because

30:50

I bumped into people. I've met people who I think are really good at this. Your best buddy, Jack Smith, I think is very good at this. He's very good at identifying arbitrages.

I bumped into people. I've met people who I think are really good at this. Your best buddy, Jack Smith, I think is very good at this. He's very good at identifying arbitrages.

30:59

And

And

31:00

I think these are kind of a horrible strategy to pursue for a couple reasons. Well, let's define what an arbitrage is. An arbitrage is where you recognize some inefficiency

I think these are kind of a horrible strategy to pursue for a couple reasons. Well, let's define what an arbitrage is. An arbitrage is where you recognize some inefficiency

31:10

where you almost don't have to create any value. You don't have to create a product. You just sort of recognize that the system is slightly broken, you know.

where you almost don't have to create any value. You don't have to create a product. You just sort of recognize that the system is slightly broken, you know.

31:18

Like,

Like,

31:19

you could buy something over here for x. You could sell it over there for y with a very minimal work in between and just pocket the difference. And you're like, oh, wow. That's amazing that they just didn't recognize this.

you could buy something over here for x. You could sell it over there for y with a very minimal work in between and just pocket the difference. And you're like, oh, wow. That's amazing that they just didn't recognize this.

31:29

And it won't last forever,

And it won't last forever,

31:31

but it when, you know, while it does last, you can make hay.

but it when, you know, while it does last, you can make hay.

31:35

What are some arbitrages that you know of that people have done? I wanna talk about those. I'll tell you one that I did, and I'm not proud of it, but I think, I'll share it anyway. So one time when in two thousand and thirteen, I got Poison Ivy, and I went to Amazon, and I just sent it to you in this chat. I went to Amazon, and I bought this thing called Xandfell,

What are some arbitrages that you know of that people have done? I wanna talk about those. I'll tell you one that I did, and I'm not proud of it, but I think, I'll share it anyway. So one time when in two thousand and thirteen, I got Poison Ivy, and I went to Amazon, and I just sent it to you in this chat. I went to Amazon, and I bought this thing called Xandfell,

31:55

Xandfell.

Xandfell.

31:56

It's a poison Ivy cream. And it costs around

It's a poison Ivy cream. And it costs around

32:00

nineteen dollars per ounce.

nineteen dollars per ounce.

32:03

And I read the reviews, and someone said, this is the same thing as Mean Green, which is a huge.

And I read the reviews, and someone said, this is the same thing as Mean Green, which is a huge.

32:09

It's mean green. It's like a tub of hand soap that you can clean your hand, and it costs roughly

It's mean green. It's like a tub of hand soap that you can clean your hand, and it costs roughly

32:15

twenty cents an ounce.

twenty cents an ounce.

32:17

And so I ended up creating a website, and I called this product. It's juice.

And so I ended up creating a website, and I called this product. It's juice.

32:22

And

And

32:23

it And I bought a vat, like a fifty gallon tub of this stuff, and it was like a quarter ounce, and I repackaged it and put an inch juice label on it. And I sold it as poison ivy treatment, and I made thousands of dollars when I was in college. And,

it And I bought a vat, like a fifty gallon tub of this stuff, and it was like a quarter ounce, and I repackaged it and put an inch juice label on it. And I sold it as poison ivy treatment, and I made thousands of dollars when I was in college. And,

32:37

you know, and then I shut it down because I thought this is stupid. I'm not gonna become a, I'm not gonna start a company called the issues.

you know, and then I shut it down because I thought this is stupid. I'm not gonna become a, I'm not gonna start a company called the issues.

32:44

And so that that's the one that you already did actually.

And so that that's the one that you already did actually.

32:47

Yeah. I I I ended up shutting it down. I thought it was so stupid. But that's one example of an arbitrage that I've personally done. What's a what's an arbitrage that I've seen other people do?

Yeah. I I I ended up shutting it down. I thought it was so stupid. But that's one example of an arbitrage that I've personally done. What's a what's an arbitrage that I've seen other people do?

32:57

Like, I think I think Jack told me about one of well, Jack told me about a few that he's done, but I think one that he's done that I I I I vaguely remember. I might get some details wrong here, but

Like, I think I think Jack told me about one of well, Jack told me about a few that he's done, but I think one that he's done that I I I I vaguely remember. I might get some details wrong here, but

33:07

For a while, Jack was very, very active on,

For a while, Jack was very, very active on,

33:11

what's the, like, rally road

what's the, like, rally road

33:14

type -- Raleigh road. -- rally road or Otis, these bay basically these market places. I think he was the number one user. Yeah. You could buy, like, fractional shares of,

type -- Raleigh road. -- rally road or Otis, these bay basically these market places. I think he was the number one user. Yeah. You could buy, like, fractional shares of,

33:24

unique items. So, you know, like, a original box set of Harry Potter or, like, this rare Pokemon card.

unique items. So, you know, like, a original box set of Harry Potter or, like, this rare Pokemon card.

33:33

And so you could buy these collectibles. It was a it was a place to buy collectibles. And you could buy full or fractional shares.

And so you could buy these collectibles. It was a it was a place to buy collectibles. And you could buy full or fractional shares.

33:38

And,

And,

33:39

Jack was extremely active on these. And I thought, oh, Jack didn't know you were such a big collector. And he's like, oh, no. I'm not. Just, you know,

Jack was extremely active on these. And I thought, oh, Jack didn't know you were such a big collector. And he's like, oh, no. I'm not. Just, you know,

33:46

thought it was interesting. And I noticed this opportunity

thought it was interesting. And I noticed this opportunity

33:49

I think what jacket set up was And and by the way, with Raleigh Road, you can buy things that are, like, nerdy things that mostly boys like. So it's, like, You could own, a portion of a nineteen sixty five Ford Mustang. You could own a portion of a nineteen seventy seven Elvis Presley Last live performance ticket. Or this rare Andy warhol painting, things that are like

I think what jacket set up was And and by the way, with Raleigh Road, you can buy things that are, like, nerdy things that mostly boys like. So it's, like, You could own, a portion of a nineteen sixty five Ford Mustang. You could own a portion of a nineteen seventy seven Elvis Presley Last live performance ticket. Or this rare Andy warhol painting, things that are like

34:10

pop culture, sometimes manly man stuff of which Jack is not like a traditional manly man. And I'm like, Jack, He goes, yeah. I told him about, like, some jaguar card. He goes, oh, the jaguar f one. Like, yeah, I own a part of it. And I was like, you like that? He goes, no. I don't know. I've been I didn't even know what it was. I just thought it on a spreadsheet.

pop culture, sometimes manly man stuff of which Jack is not like a traditional manly man. And I'm like, Jack, He goes, yeah. I told him about, like, some jaguar card. He goes, oh, the jaguar f one. Like, yeah, I own a part of it. And I was like, you like that? He goes, no. I don't know. I've been I didn't even know what it was. I just thought it on a spreadsheet.

34:28

Yeah. Exactly. Like, that's that's how he is. So I think what he was doing was he recognized that these

Yeah. Exactly. Like, that's that's how he is. So I think what he was doing was he recognized that these

34:34

platforms would have what they would call, like, an IPO or something like that initial public offering where they would sell the thing.

platforms would have what they would call, like, an IPO or something like that initial public offering where they would sell the thing.

34:39

And it would happen, and it's like this moment, and then you could you could bid and you could buy, and then they would, like, then it would start trading. And he noticed that, like, there was just more demand than supply,

And it would happen, and it's like this moment, and then you could you could bid and you could buy, and then they would, like, then it would start trading. And he noticed that, like, there was just more demand than supply,

34:50

for those things. And so he created, like, I don't know, a bot or, like, a set of human beings that would, like, go by as much as he could in the IPO, then he would just, like, immediately flip it right afterwards,

for those things. And so he created, like, I don't know, a bot or, like, a set of human beings that would, like, go by as much as he could in the IPO, then he would just, like, immediately flip it right afterwards,

34:59

And he extended that. I think he had, like, at one point, he had a team of people in the Philippines

And he extended that. I think he had, like, at one point, he had a team of people in the Philippines

35:04

that were just constantly searching for

that were just constantly searching for

35:07

Oh, I could share all this. I you don't think this is, like, this wasn't, like, a secret. Right? Like, he was I don't think he's still doing it. Yeah. So he had a team in the Philippines that was just researching They were, like, highly competent people. They were researching eBay,

Oh, I could share all this. I you don't think this is, like, this wasn't, like, a secret. Right? Like, he was I don't think he's still doing it. Yeah. So he had a team in the Philippines that was just researching They were, like, highly competent people. They were researching eBay,

35:19

and they would find what every, like, card is trading for on eBay.

and they would find what every, like, card is trading for on eBay.

35:22

And then they would just scour and place bids to buy below that price and then flip it on eBay. And, like, he just had this, like, small, a eight person operation that was just buying and selling these cards,

And then they would just scour and place bids to buy below that price and then flip it on eBay. And, like, he just had this, like, small, a eight person operation that was just buying and selling these cards,

35:33

no as long as it was under under the the eBay price by certain margin of safety,

no as long as it was under under the the eBay price by certain margin of safety,

35:38

I think he was doing that. It's something something like that. And by the way, this guy,

I think he was doing that. It's something something like that. And by the way, this guy,

35:42

Jack Smith, you you can look him up on YouTube. He's our good friend. He started a company that he sold for eight hundred million dollars when he was like twenty nine or thirty. So he he probably had of dollars on these platforms.

Jack Smith, you you can look him up on YouTube. He's our good friend. He started a company that he sold for eight hundred million dollars when he was like twenty nine or thirty. So he he probably had of dollars on these platforms.

35:51

Yeah. Yeah. I think he spent millions of dollars on these platforms. And, and so he was kinda doing this at scale. And I think he was making a pretty crazy return. Doing this. I think he was making, I don't know. I wouldn't be surprised. He was making forty, fifty, sixty percent returns

Yeah. Yeah. I think he spent millions of dollars on these platforms. And, and so he was kinda doing this at scale. And I think he was making a pretty crazy return. Doing this. I think he was making, I don't know. I wouldn't be surprised. He was making forty, fifty, sixty percent returns

36:06

on these on these on these on these, items. And he was, like, scaling it pretty well. And I was like, Jack, what are you doing? Like, you know,

on these on these on these on these, items. And he was, like, scaling it pretty well. And I was like, Jack, what are you doing? Like, you know,

36:14

a, you genius. How did you even see this? Like, how did you even see this opportunity? Why Why did your brain even look at this? Secondly,

a, you genius. How did you even see this? Like, how did you even see this opportunity? Why Why did your brain even look at this? Secondly,

36:22

just the balls to actually go for it and, like, set up this operation and, like, yeah, put a significant amount of money in. Like, god, that's so different. I've never done something like that on a non business. This is, like, not a business. This is literally just like a arbitrage.

just the balls to actually go for it and, like, set up this operation and, like, yeah, put a significant amount of money in. Like, god, that's so different. I've never done something like that on a non business. This is, like, not a business. This is literally just like a arbitrage.

36:34

And then third, like,

And then third, like,

36:36

It's what you do with your time. Do you find these, like, little cracks in the system and just exploit them? These edges.

It's what you do with your time. Do you find these, like, little cracks in the system and just exploit them? These edges.

36:42

And I think that's what he does. I think he is, like, an edge. That's what he does. And he just finds edges, and then he exploits him. Sometimes for profit, and but mostly for amusement, it seems like. Like, when when we when I ran the hustle, I wanted to have a weekly thread or a weekly column called Jack's hacks, and he would just talk about all, like, the interesting stuff that he would find. I mean, if you would go to Jack's house, he would he had moved into this part of Bernal Bernal Park because he had a rental that, a home that he rented that had a garage, And I was like, Jack, you don't even know how to drive. He didn't get his driver's license until he was like thirty. I was like, Jack, you don't even drive, why do you need this? And he goes, oh, that's where I'm gonna keep all my Amazon stuff. I was like, what? And he goes, check this out, and he showed me the spreadsheet where he would buy

And I think that's what he does. I think he is, like, an edge. That's what he does. And he just finds edges, and then he exploits him. Sometimes for profit, and but mostly for amusement, it seems like. Like, when when we when I ran the hustle, I wanted to have a weekly thread or a weekly column called Jack's hacks, and he would just talk about all, like, the interesting stuff that he would find. I mean, if you would go to Jack's house, he would he had moved into this part of Bernal Bernal Park because he had a rental that, a home that he rented that had a garage, And I was like, Jack, you don't even know how to drive. He didn't get his driver's license until he was like thirty. I was like, Jack, you don't even drive, why do you need this? And he goes, oh, that's where I'm gonna keep all my Amazon stuff. I was like, what? And he goes, check this out, and he showed me the spreadsheet where he would buy

37:23

ten to twenty versions of anything that he wanted to buy, as small as a razor, to a carry on luggage, to a, like, any type of suitcase, to, like, chocolate, to keto products, he would buy ten to twenty of every single one, and he would test all of them, pick the one that he liked, and then return all other nineteen. So much so that he had to create multiple different Amazon Prime accounts because they kept banning him. This is how like wild he is. He just loves doing these unique crazy things and just like finding the edge, finding the best thing. And so if you say, Jack, what's the best carry on luggage? He'll say, oh, it's this camera bag. Well, why is it a camera bag? Well, because camera bags typically have more volume. So this one holds fifty liters as opposed to forty eight liters because it doesn't have, like, Like, it, like, the he does things like that. He's just unique.

ten to twenty versions of anything that he wanted to buy, as small as a razor, to a carry on luggage, to a, like, any type of suitcase, to, like, chocolate, to keto products, he would buy ten to twenty of every single one, and he would test all of them, pick the one that he liked, and then return all other nineteen. So much so that he had to create multiple different Amazon Prime accounts because they kept banning him. This is how like wild he is. He just loves doing these unique crazy things and just like finding the edge, finding the best thing. And so if you say, Jack, what's the best carry on luggage? He'll say, oh, it's this camera bag. Well, why is it a camera bag? Well, because camera bags typically have more volume. So this one holds fifty liters as opposed to forty eight liters because it doesn't have, like, Like, it, like, the he does things like that. He's just unique.

38:06

He's, yeah, he's nuts. And so there's that. And then there there's other ones that, like, you know, just to give him another example. I saw this,

He's, yeah, he's nuts. And so there's that. And then there there's other ones that, like, you know, just to give him another example. I saw this,

38:13

think I saw this on Instagram or TikTok or something like that. This is another example of an arbitrage. This is why I wrote the word down. I'll go, arbitrage has just cracked me up. So somebody has an Etsy store.

think I saw this on Instagram or TikTok or something like that. This is another example of an arbitrage. This is why I wrote the word down. I'll go, arbitrage has just cracked me up. So somebody has an Etsy store.

38:23

And I think they're the number one result if you search Mona Lisa or, like, Mona Lisa photo print or something like that.

And I think they're the number one result if you search Mona Lisa or, like, Mona Lisa photo print or something like that.

38:30

And the basically, what it is is it's a account that will send you a a, like, printed out framed picture of the Mona Lisa.

And the basically, what it is is it's a account that will send you a a, like, printed out framed picture of the Mona Lisa.

38:38

It's like fifty dollars, fifty two dollars, I think.

It's like fifty dollars, fifty two dollars, I think.

38:42

And

And

38:43

this Etsy shows you how much sales

this Etsy shows you how much sales

38:46

a single store has done. And this store has done

a single store has done. And this store has done

38:50

sixty five thousand,

sixty five thousand,

38:52

sales. And so you just do the math, you realize this person has made a million dollars

sales. And so you just do the math, you realize this person has made a million dollars

38:57

selling

selling

38:58

this Mona Lisa print. And then you look at it, you're like, Oh, I think they're just drop shipping. So I think what they did was they just had the top listing for Mona Lisa Etsy either because they were early or they bought it. Sure exactly how they got there. Right? I don't have visibility to that.

this Mona Lisa print. And then you look at it, you're like, Oh, I think they're just drop shipping. So I think what they did was they just had the top listing for Mona Lisa Etsy either because they were early or they bought it. Sure exactly how they got there. Right? I don't have visibility to that.

39:13

But then as soon as you place the order, they just have, like, a, like, a Zapier integration which just goes to,

But then as soon as you place the order, they just have, like, a, like, a Zapier integration which just goes to,

39:20

like, the it it goes to, like, you know,

like, the it it goes to, like, you know,

39:23

what's it called? Like, the printing website or one of one of the printing sites printful.

what's it called? Like, the printing website or one of one of the printing sites printful.

39:28

Right? It goes to printful, and it just automatically places an order to your fills in your address,

Right? It goes to printful, and it just automatically places an order to your fills in your address,

39:35

for that print, and it has a bread. Like, it only cost them whatever. Twenty bucks to do the thing, and they sell it for fifty two, and they just pocket the difference. I'm looking at them now. And you know, this is another arbitrage where they're not, like, creating

for that print, and it has a bread. Like, it only cost them whatever. Twenty bucks to do the thing, and they sell it for fifty two, and they just pocket the difference. I'm looking at them now. And you know, this is another arbitrage where they're not, like, creating

39:48

a ton of value. They're just sort of, like, connecting these pipes.

a ton of value. They're just sort of, like, connecting these pipes.

39:53

We had guys. Sixty eight thousand sales, vintage wall graphics.

We had guys. Sixty eight thousand sales, vintage wall graphics.

39:58

Yeah. And so I'm pretty sure that they're just literally, like, automatically,

Yeah. And so I'm pretty sure that they're just literally, like, automatically,

40:02

like, going and and doing a a drop ship model where they print they print the order,

like, going and and doing a a drop ship model where they print they print the order,

40:06

through one of these these platforms. And then they could always do the printing themselves if they want more margin, but, like,

through one of these these platforms. And then they could always do the printing themselves if they want more margin, but, like,

40:11

you're just a lazy arbitrage, this is a great arbitrage to pick up. And then there's all these little places where these arbitrages exist.

you're just a lazy arbitrage, this is a great arbitrage to pick up. And then there's all these little places where these arbitrages exist.

40:19

And, you know, I I start to think about those, and I wonder who are these people that spend a lot of time looking at this, and is that worth it? Now I'll tell you why I don't think it's worth it. It's tempting to do

And, you know, I I start to think about those, and I wonder who are these people that spend a lot of time looking at this, and is that worth it? Now I'll tell you why I don't think it's worth it. It's tempting to do

40:29

For me, for one reason, which is

For me, for one reason, which is

40:32

there is a sick pleasure at making a bunch of money with a very extremely low amount of effort.

there is a sick pleasure at making a bunch of money with a very extremely low amount of effort.

40:37

Of just it was your cleverness that that drove this.

Of just it was your cleverness that that drove this.

40:40

It's also fun to tell these stories if this is something you've done. So it's nice to have one or two of these in the bag. Of an arbitrage you've done just to have the story. I feel like it's like a badge of honor for for a certain type of entrepreneur.

It's also fun to tell these stories if this is something you've done. So it's nice to have one or two of these in the bag. Of an arbitrage you've done just to have the story. I feel like it's like a badge of honor for for a certain type of entrepreneur.

40:52

And the last thing, the, you know, so is the positives. The negatives are these arbitrages don't last for long. As soon as they, you know, get exploited,

And the last thing, the, you know, so is the positives. The negatives are these arbitrages don't last for long. As soon as they, you know, get exploited,

41:00

you know, then the second arbitrager comes by, starts doing it, and the edge goes away. The window of opportunity closes. So you're kind of hunting for a long time. Let me find something, and it's probably not gonna last for a very long time.

you know, then the second arbitrager comes by, starts doing it, and the edge goes away. The window of opportunity closes. So you're kind of hunting for a long time. Let me find something, and it's probably not gonna last for a very long time.

41:14

Who has raised tens of millions of dollars for a startup that was, one point valued for for hundreds of millions of dollars. And whenever I hang out with him, the most exciting thing that he tells me about is he started a side hustle for fun because he

Who has raised tens of millions of dollars for a startup that was, one point valued for for hundreds of millions of dollars. And whenever I hang out with him, the most exciting thing that he tells me about is he started a side hustle for fun because he

41:27

builds stuff and he created an epoxy business. Do you know what epoxy is? I think that you use it for like floors or for like if you're making a table, you like a it's like a sealer. He has an epoxy business on Amazon that makes him two hundred fifty thousand dollars per year in profit

builds stuff and he created an epoxy business. Do you know what epoxy is? I think that you use it for like floors or for like if you're making a table, you like a it's like a sealer. He has an epoxy business on Amazon that makes him two hundred fifty thousand dollars per year in profit

41:42

on very little work. And

on very little work. And

41:45

we don't talk about startups. We talk about his epoxy business. And that's, like, the most exciting thing that they do. And I think that for a I could name a dozen or so people, who are worth nine figures, a hundred million plus, and or people who have made tens of millions of dollars, it seems that a lot of people who are worth that They definitely start doing things like this. So whenever I meet someone who's doing something like black hat or gray hat or even totally white hat, but it's like, oh, that's kinda lame. I I always think, like, well, but that's oftentimes how the great start. So, like, most everyone who has made money on the internet, like, even if you look at, like, Airbnb, if you look at some of the early tactics that they used, even though they're a great, wonderful, ethical, publicly traded company now, like, they still did weird shady shit in the beginning. And I think it's just a rite of passage where you're creating cool shit is to do, like, you know, gray gray hat stuff. Yeah. I I I don't think all Like, I I don't I I doubt Elon has has, you know, done some random ass, like, you know, arbitrage on some dating site or something like that. No. But he's done dumb shit. He still does dumb shit. Like, he sells, like, stupid stuff. Well, there's that, but, like, I guess what I'm saying is, I guess, I would put it differently. Anyone who has done that, I'm like, you have what it takes.

we don't talk about startups. We talk about his epoxy business. And that's, like, the most exciting thing that they do. And I think that for a I could name a dozen or so people, who are worth nine figures, a hundred million plus, and or people who have made tens of millions of dollars, it seems that a lot of people who are worth that They definitely start doing things like this. So whenever I meet someone who's doing something like black hat or gray hat or even totally white hat, but it's like, oh, that's kinda lame. I I always think, like, well, but that's oftentimes how the great start. So, like, most everyone who has made money on the internet, like, even if you look at, like, Airbnb, if you look at some of the early tactics that they used, even though they're a great, wonderful, ethical, publicly traded company now, like, they still did weird shady shit in the beginning. And I think it's just a rite of passage where you're creating cool shit is to do, like, you know, gray gray hat stuff. Yeah. I I I don't think all Like, I I don't I I doubt Elon has has, you know, done some random ass, like, you know, arbitrage on some dating site or something like that. No. But he's done dumb shit. He still does dumb shit. Like, he sells, like, stupid stuff. Well, there's that, but, like, I guess what I'm saying is, I guess, I would put it differently. Anyone who has done that, I'm like, you have what it takes.

42:53

Like Exactly. Yeah. It's not that everybody who's who makes it big has done that, but every Sorry. I don't have to say a large and large amount of people. Yeah. Yeah. And,

Like Exactly. Yeah. It's not that everybody who's who makes it big has done that, but every Sorry. I don't have to say a large and large amount of people. Yeah. Yeah. And,

43:00

as a very high likelihood of making it big. It's just a matter of time until they start to apply their talents into that, you know, into that realm. And Like, we have this friend who who who we met at your thing.

as a very high likelihood of making it big. It's just a matter of time until they start to apply their talents into that, you know, into that realm. And Like, we have this friend who who who we met at your thing.

43:12

Sayed, sayed, who owns WP beginner and all the in, awesomeness Corp, I think it's called, He probably I don't know how big it is, but it's probably, like, worth hundreds of millions of dollars. I want I wanna get him to come out of the pod. So he's this guy who this, like, WordPress. It's called WP beginner. It's like a blog that blogs about different WordPress plugins and stuff, and then he eventually went and bought the plugins and he, like, now like a plugin, WordPress plugin, like,

Sayed, sayed, who owns WP beginner and all the in, awesomeness Corp, I think it's called, He probably I don't know how big it is, but it's probably, like, worth hundreds of millions of dollars. I want I wanna get him to come out of the pod. So he's this guy who this, like, WordPress. It's called WP beginner. It's like a blog that blogs about different WordPress plugins and stuff, and then he eventually went and bought the plugins and he, like, now like a plugin, WordPress plugin, like,

43:35

mafia. Like, they own everything you could think of, and it's huge. It's a huge thing that he owns.

mafia. Like, they own everything you could think of, and it's huge. It's a huge thing that he owns.

43:40

And, he was telling me some stories about how he started. And I'm like, oh, this is just the same story I've heard over and over and over again. Like, something, like,

And, he was telling me some stories about how he started. And I'm like, oh, this is just the same story I've heard over and over and over again. Like, something, like,

43:48

Not, like, scammy, but, like, you know, something like you're just, like, doing normal internet marketing stuff. Like, you probably weren't an affiliate for some product that you thought was stupid. I just made enough money that you learned. Oh, I should actually do this, but for things that can last along a longer time. Right. Do you know what I mean? The, yeah, I think one of his also was, like, he went and changed his grades. He, like, hack to the school system and changed his grades or something like that. So I don't know if that was a real story or a fake story, but I loved it. Yeah. Like, if I hear stories like that, just like, oh, like, you definitely have what it takes. Right.

Not, like, scammy, but, like, you know, something like you're just, like, doing normal internet marketing stuff. Like, you probably weren't an affiliate for some product that you thought was stupid. I just made enough money that you learned. Oh, I should actually do this, but for things that can last along a longer time. Right. Do you know what I mean? The, yeah, I think one of his also was, like, he went and changed his grades. He, like, hack to the school system and changed his grades or something like that. So I don't know if that was a real story or a fake story, but I loved it. Yeah. Like, if I hear stories like that, just like, oh, like, you definitely have what it takes. Right.

44:19

I can't find this client info. Have you heard of HubSpot?

I can't find this client info. Have you heard of HubSpot?

44:23

HubSpot is a CRM platform So it shares its data across every application. Every team can stay aligned. No out of sync spreadsheets or doing databases. HubSpot

HubSpot is a CRM platform So it shares its data across every application. Every team can stay aligned. No out of sync spreadsheets or doing databases. HubSpot

44:33

grow better.

grow better.

44:35

Alright. Let's do let's do a dead one. You got anything else, or you want me to do one? Do one. Alright.

Alright. Let's do let's do a dead one. You got anything else, or you want me to do one? Do one. Alright.

44:40

So

So

44:41

do you know any of the details about pipe?

do you know any of the details about pipe?

44:44

I don't know the detail. I don't know. I know what you know.

I don't know the detail. I don't know. I know what you know.

44:47

I know what you know from our group chat.

I know what you know from our group chat.

44:49

So I don't know any more than that, but kind of a strange situation. The,

So I don't know any more than that, but kind of a strange situation. The,

44:54

I guess for those who don't know, pipe was this, like, cool cup cool idea. Basically, if you had, like, subscription revenue. Like, oh, monthly monthly recurring revenue. They're like, look, we'll pay you out. If you're gonna make a hundred dollars at the end of this year, if, like, on that on that subscription,

I guess for those who don't know, pipe was this, like, cool cup cool idea. Basically, if you had, like, subscription revenue. Like, oh, monthly monthly recurring revenue. They're like, look, we'll pay you out. If you're gonna make a hundred dollars at the end of this year, if, like, on that on that subscription,

45:08

we'll give you ninety of it upfront. We'll keep the extra ten as margin, and we'll, like,

we'll give you ninety of it upfront. We'll keep the extra ten as margin, and we'll, like,

45:13

you know, so you could get financing. You could get basically a pay advance on your subscription revenue. And then they were on the other side, they had, like, banks and and, you know, funds that wanted to buy these assets. They're like, oh, this recurring revenue is a asset class. Like real estate, like anything else. You should be able to buy bundles of recurring revenue

you know, so you could get financing. You could get basically a pay advance on your subscription revenue. And then they were on the other side, they had, like, banks and and, you know, funds that wanted to buy these assets. They're like, oh, this recurring revenue is a asset class. Like real estate, like anything else. You should be able to buy bundles of recurring revenue

45:32

for a discount for what it's worth because they want money up front to use to grow, and you want this cash flow. And so that was the idea. Great idea raises a bunch of money, gets valued at two billion dollars. It's considered like the, like, one of the hot, like, winners

for a discount for what it's worth because they want money up front to use to grow, and you want this cash flow. And so that was the idea. Great idea raises a bunch of money, gets valued at two billion dollars. It's considered like the, like, one of the hot, like, winners

45:46

pipe was like, you know, a huge thing. And then suddenly It gets valued at two two billion dollars after nine or twelve months of a of existence. Yeah. It gets huge.

pipe was like, you know, a huge thing. And then suddenly It gets valued at two two billion dollars after nine or twelve months of a of existence. Yeah. It gets huge.

45:56

And, like, I used it for example, like, with my fund. I it's like, oh, you get these management fees. It's like, oh, but you could pipe them and have them all right now instead of waiting. It's like, oh, yeah. I'll push this button instead of wait. That that makes sense to me. And so

And, like, I used it for example, like, with my fund. I it's like, oh, you get these management fees. It's like, oh, but you could pipe them and have them all right now instead of waiting. It's like, oh, yeah. I'll push this button instead of wait. That that makes sense to me. And so

46:07

cool idea. Now this week, for some reason, all of the

cool idea. Now this week, for some reason, all of the

46:12

founders

founders

46:13

stepped down,

stepped down,

46:14

and which is, you know,

and which is, you know,

46:16

generally speaking, bit of a red flag. All the founders stepped down, And they're like, hey, we're gonna hire new people, but they don't have them in place. That was the part where it's, which is a little bit strange. So first, the strange that all three founders stepped down at the same time, they in the strange that they didn't have replacements in in in lieu, ready for it. And so people think, you know, pipe pipe might be imploding. I I don't know the story.

generally speaking, bit of a red flag. All the founders stepped down, And they're like, hey, we're gonna hire new people, but they don't have them in place. That was the part where it's, which is a little bit strange. So first, the strange that all three founders stepped down at the same time, they in the strange that they didn't have replacements in in in lieu, ready for it. And so people think, you know, pipe pipe might be imploding. I I don't know the story.

46:37

Did I miss anything there? Well, the rumor was see, someone tweeted it and actually got deleted. I don't know why. But the rumor was basically and this is one hundred percent rumor and the founder actually came out and said, no, that's that's nonsense. This is completely untrue. But basically, someone tweeted four people now

Did I miss anything there? Well, the rumor was see, someone tweeted it and actually got deleted. I don't know why. But the rumor was basically and this is one hundred percent rumor and the founder actually came out and said, no, that's that's nonsense. This is completely untrue. But basically, someone tweeted four people now

46:55

have shared what happened. PIP CEO loaned eighty million dollars to a Bitcoin mining company, didn't tell a board, lost it all, board fire CEOs, CEO months ago, They had already sold a bunch of secondary shares and may have taken personal loans out as well,

have shared what happened. PIP CEO loaned eighty million dollars to a Bitcoin mining company, didn't tell a board, lost it all, board fire CEOs, CEO months ago, They had already sold a bunch of secondary shares and may have taken personal loans out as well,

47:08

which if all those things are true, that's horrible.

which if all those things are true, that's horrible.

47:11

Founder has said, no, none of that's true other than the secondaries, which we've made public that we did in fact sell secondaries,

Founder has said, no, none of that's true other than the secondaries, which we've made public that we did in fact sell secondaries,

47:17

but

but

47:18

Just a juicy interesting story that will,

Just a juicy interesting story that will,

47:21

have to wait and see how it turns out. I I would have thought that you would have known something. Yeah. It hasn't played out yet. I don't know. You know, sounds like bad news and, you know, it's

have to wait and see how it turns out. I I would have thought that you would have known something. Yeah. It hasn't played out yet. I don't know. You know, sounds like bad news and, you know, it's

47:29

it's not relevant to me. So I I, you know, I stayed away for it for for now, but We'll see. We'll see. I'm sure this will come out. I don't think you can keep. I don't think you can keep the cat in the bag, and this type of thing.

it's not relevant to me. So I I, you know, I stayed away for it for for now, but We'll see. We'll see. I'm sure this will come out. I don't think you can keep. I don't think you can keep the cat in the bag, and this type of thing.

47:40

Okay. I wanna read you one other thing. Okay. So I discovered this website.

Okay. I wanna read you one other thing. Okay. So I discovered this website.

47:44

That's kinda crazy. That's called character dot ai.

That's kinda crazy. That's called character dot ai.

47:48

And

And

47:50

Not gonna lie. I spent, like, thirty minutes talking to a chatbot yesterday,

Not gonna lie. I spent, like, thirty minutes talking to a chatbot yesterday,

47:53

and I had a great time.

and I had a great time.

47:56

So

So

47:57

let me tell you my information. What character was it? So first, I picked Socrates.

let me tell you my information. What character was it? So first, I picked Socrates.

48:01

So you so here's the you go to the website and there's a bunch of characters you could chat with. It's like AI, version of Elon Musk, AI version of Walter White from breaking bad. AI version of Socrates. So I click Socrates. Socrates looks like Samuel Jackson with a white beard. I think it literally is, which is,

So you so here's the you go to the website and there's a bunch of characters you could chat with. It's like AI, version of Elon Musk, AI version of Walter White from breaking bad. AI version of Socrates. So I click Socrates. Socrates looks like Samuel Jackson with a white beard. I think it literally is, which is,

48:19

I don't know, maybe racist. I don't know what that is. I don't know why

I don't know, maybe racist. I don't know what that is. I don't know why

48:23

why they did that, but but nevertheless. So he goes,

why they did that, but but nevertheless. So he goes,

48:26

He goes, so so here's I'm just gonna read you the chat because I it was kinda mind blowing for me. So he goes,

He goes, so so here's I'm just gonna read you the chat because I it was kinda mind blowing for me. So he goes,

48:31

he goes, hey. I'm a I'm a Greek philosopher from Athens born in four seventy BC. You know, I founded kind of Western philosophy, state an opinion, and then we will use the socratic method to test its validity.

he goes, hey. I'm a I'm a Greek philosopher from Athens born in four seventy BC. You know, I founded kind of Western philosophy, state an opinion, and then we will use the socratic method to test its validity.

48:41

So I said, okay. I gotta come up with the spicy opinions. I go I go I believe that marriage is only needed if you're gonna have kids.

So I said, okay. I gotta come up with the spicy opinions. I go I go I believe that marriage is only needed if you're gonna have kids.

48:49

And then he goes, well, I'm not sure I agree because just created to ensure that the property of both families maintain remains within the family. It was a political thing first and an I love you thing second.

And then he goes, well, I'm not sure I agree because just created to ensure that the property of both families maintain remains within the family. It was a political thing first and an I love you thing second.

48:59

I was like, whoa.

I was like, whoa.

49:00

And then he got, I go, I go right, but I'm not talking about, I go right, but I'm talking about nowadays, not the past. He goes, I see what you're asking. So I would that there's legal benefits including sharing of income and property, inheriting rights, for the partner if there isn't a will and medical rights if you're in capacity or a dying spouse. So marriage is not only an needed, but a legal for some.

And then he got, I go, I go right, but I'm not talking about, I go right, but I'm talking about nowadays, not the past. He goes, I see what you're asking. So I would that there's legal benefits including sharing of income and property, inheriting rights, for the partner if there isn't a will and medical rights if you're in capacity or a dying spouse. So marriage is not only an needed, but a legal for some.

49:20

Okay. So I'm like, alright,

Okay. So I'm like, alright,

49:21

Samuel l Jackson Socrates. Let let's keep going. So I go

Samuel l Jackson Socrates. Let let's keep going. So I go

49:26

true. But I think the downsides outweigh the upsides. I mean, divorce can be messy. It maybe one doesn't wanna be monogamous.

true. But I think the downsides outweigh the upsides. I mean, divorce can be messy. It maybe one doesn't wanna be monogamous.

49:31

He goes, I see. You're concerned that the emotional pain that a marriage can cause since it is a life contract by nature, especially if something like infidelity happens. But I would still say it's a personal choice and many want marriage for its emotional benefits. Love makes us do crazy things, even if we know there's a possibility of heartache later.

He goes, I see. You're concerned that the emotional pain that a marriage can cause since it is a life contract by nature, especially if something like infidelity happens. But I would still say it's a personal choice and many want marriage for its emotional benefits. Love makes us do crazy things, even if we know there's a possibility of heartache later.

49:48

I go, but why not just date? He goes, you could. But the point of marriage is to take a plunge and commit to bond for life. There's less emotional risk when dating, but some people like to take that risk. Some people believe it's worth it. The commitment itself is what makes it fulfilling. Would you agree that love is a little irrational like that? I'm like, what what is he doing? He's asking me questions. And we keep going. And,

I go, but why not just date? He goes, you could. But the point of marriage is to take a plunge and commit to bond for life. There's less emotional risk when dating, but some people like to take that risk. Some people believe it's worth it. The commitment itself is what makes it fulfilling. Would you agree that love is a little irrational like that? I'm like, what what is he doing? He's asking me questions. And we keep going. And,

50:08

and then here's the craziest part. I go I go sure, but shouldn't we strive to be more rational, blah, blah, blah, He goes, you should. Absolutely. I'm not saying love itself is irrational. It's a risk people take. They wanna buy on it in a way that's right or die. They're devoted to themselves, like, no and it it it was devoted to one person in a way that means nobody else. And I go, maybe they should just pinky promise instead.

and then here's the craziest part. I go I go sure, but shouldn't we strive to be more rational, blah, blah, blah, He goes, you should. Absolutely. I'm not saying love itself is irrational. It's a risk people take. They wanna buy on it in a way that's right or die. They're devoted to themselves, like, no and it it it was devoted to one person in a way that means nobody else. And I go, maybe they should just pinky promise instead.

50:30

And he goes. Dude, this is crazy.

And he goes. Dude, this is crazy.

50:33

That's possible

That's possible

50:34

too, but pinky swear is just words. Married means you want the law involved. And I go,

too, but pinky swear is just words. Married means you want the law involved. And I go,

50:39

How did it know my pinky promise thing was a joke?

How did it know my pinky promise thing was a joke?

50:42

Like, the fact that it said means it understood that

Like, the fact that it said means it understood that

50:46

I made a joke when I didn't say, I didn't say anything. That, like, indicated that tipped off that this was a joke. That blew my mind right there when I go, maybe they should just pick you profits instead. Right? Sarcasm? And he goes, that's possible too. But blah blah blah blah. This is wild. I I just I clicked the Elon one and I go, do you care about money? He says, I used to. Then I realized money is just a construct. I can't buy a peace of mind, happiness, relationships, love, and many other things that make life worth living.

I made a joke when I didn't say, I didn't say anything. That, like, indicated that tipped off that this was a joke. That blew my mind right there when I go, maybe they should just pick you profits instead. Right? Sarcasm? And he goes, that's possible too. But blah blah blah blah. This is wild. I I just I clicked the Elon one and I go, do you care about money? He says, I used to. Then I realized money is just a construct. I can't buy a peace of mind, happiness, relationships, love, and many other things that make life worth living.

51:11

It is pretty funny. Watch I said,

It is pretty funny. Watch I said,

51:13

what's your favorite car? He goes, the Testa Model s plaid. It goes zero to sixteen seconds and has the best handling of any car. It's just an amazing car, but maybe I'm biased. Yeah. See, that's that's good. Okay. So I go I go to the you log on and go.

what's your favorite car? He goes, the Testa Model s plaid. It goes zero to sixteen seconds and has the best handling of any car. It's just an amazing car, but maybe I'm biased. Yeah. See, that's that's good. Okay. So I go I go to the you log on and go.

51:25

Yeah. I go

Yeah. I go

51:26

Yo, Lon. How's it going over at Twitter?

Yo, Lon. How's it going over at Twitter?

51:29

Because we're still working on the process of actually transferring ownership. My offer of four forty four billion was under estimate of the long term value of Twitter. So it is unlikely anyone will outbid me. I'm gonna clean house and get rid of most of the senior execs and some junior ones. It's gonna be fun. Extra much point. Oh my god. And then I go

Because we're still working on the process of actually transferring ownership. My offer of four forty four billion was under estimate of the long term value of Twitter. So it is unlikely anyone will outbid me. I'm gonna clean house and get rid of most of the senior execs and some junior ones. It's gonna be fun. Extra much point. Oh my god. And then I go

51:46

I go. But what's your game plan to turn it around, though?

I go. But what's your game plan to turn it around, though?

51:49

And he goes,

And he goes,

51:50

Number one, reduce bots. Number two, increased engagement by creating to creator tools that are useful to fusers. Number three, create other features that in the future will help humanity or society for be better. But I'm not sure exactly what that is this time. For PayPal, we created online payments. For Tesla created electric vehicles. For SpaceX, we created reusable rockets. For neuralink, we did brain computer interfaces.

Number one, reduce bots. Number two, increased engagement by creating to creator tools that are useful to fusers. Number three, create other features that in the future will help humanity or society for be better. But I'm not sure exactly what that is this time. For PayPal, we created online payments. For Tesla created electric vehicles. For SpaceX, we created reusable rockets. For neuralink, we did brain computer interfaces.

52:11

For the boring company, we're creating tunnels. Boring a lot of tunnels is needed to move the world forward to renewables. And he goes, I'm not sure what I'm missing this time with Twitter, but it'll be something.

For the boring company, we're creating tunnels. Boring a lot of tunnels is needed to move the world forward to renewables. And he goes, I'm not sure what I'm missing this time with Twitter, but it'll be something.

52:21

That that's great. That's great. That's amazing. Right? That's an amazing insight. Yes. That is really good. And so I was I I I kept chatting with these. And then they have one that's giga Chad.

That that's great. That's great. That's amazing. Right? That's an amazing insight. Yes. That is really good. And so I was I I I kept chatting with these. And then they have one that's giga Chad.

52:31

You know, the guy who's got the giant jaw.

You know, the guy who's got the giant jaw.

52:34

Isn't that a real guy? Uh-huh? I think that's a real guy. Right? No. No. No. No. It's like a it it's like a creative I mean, the guy's, like, twenty five feet tall or something like that. He's a cute.

Isn't that a real guy? Uh-huh? I think that's a real guy. Right? No. No. No. No. It's like a it it's like a creative I mean, the guy's, like, twenty five feet tall or something like that. He's a cute.

52:43

I think it's like an exaggerated version of, like, you know, whatever, a normal Chad looking guy.

I think it's like an exaggerated version of, like, you know, whatever, a normal Chad looking guy.

52:48

So it opens up the chat. He goes, hey, buddy. Have I ever told you how much I admire you? You're healthy. You have a great rush with your wife. I'm, like, making ends meet. But he just he comes out strong. I go, whoa. I don't know if an alpha male sucks up like that. And he goes. Oh my god. He goes, yes. A a kind and caring alpha male supports others. A true alpha cares about his friends and loved ones. And he goes on and on. It goes. I go. I don't know. Sounds pretty beta to me. And he goes

So it opens up the chat. He goes, hey, buddy. Have I ever told you how much I admire you? You're healthy. You have a great rush with your wife. I'm, like, making ends meet. But he just he comes out strong. I go, whoa. I don't know if an alpha male sucks up like that. And he goes. Oh my god. He goes, yes. A a kind and caring alpha male supports others. A true alpha cares about his friends and loved ones. And he goes on and on. It goes. I go. I don't know. Sounds pretty beta to me. And he goes

53:12

he goes, a beta male is one who who looks down on himself. A beta male is not confident enough to to compliment others accomplishments.

he goes, a beta male is one who who looks down on himself. A beta male is not confident enough to to compliment others accomplishments.

53:20

Beta male will try to harm others for their own good. He doesn't understand that harming others really harming himself. The beta male never understands the concept of karma. I'm like, what's going on here? Who founded this company. Kind of amazing. So, okay. So that was cool, kind of interesting.

Beta male will try to harm others for their own good. He doesn't understand that harming others really harming himself. The beta male never understands the concept of karma. I'm like, what's going on here? Who founded this company. Kind of amazing. So, okay. So that was cool, kind of interesting.

53:35

Now

Now

53:36

I'm gonna blow your mind. I don't know what you got planned the rest of the day, but you're gonna have to pick up the pieces of your brain after this. So go to

I'm gonna blow your mind. I don't know what you got planned the rest of the day, but you're gonna have to pick up the pieces of your brain after this. So go to

53:45

this website adept dot ai, a d e p t dot ai.

this website adept dot ai, a d e p t dot ai.

53:54

And if anybody out there from adept is listening,

And if anybody out there from adept is listening,

53:57

I need to invest in this company.

I need to invest in this company.

53:59

You need to let me invest in this company. I don't know. I don't know why I'll help you. I'll help you with the marketing. I'll help you grow. I'll shout you out. I'll do whatever I can, but I need to invest in this company because my mind is blown, and I am a believer. I am signing up to a church of adept. Okay. So You go to adept and it says useful general intelligence. Right. And then it says introducing act one. I thought, okay, act one. What is that stand for it. Right? We've seen GPT three. We've seen dali two. What's act one? Says, click read more. So now you're gonna go to a blog post. What I want you to do is scroll down

You need to let me invest in this company. I don't know. I don't know why I'll help you. I'll help you with the marketing. I'll help you grow. I'll shout you out. I'll do whatever I can, but I need to invest in this company because my mind is blown, and I am a believer. I am signing up to a church of adept. Okay. So You go to adept and it says useful general intelligence. Right. And then it says introducing act one. I thought, okay, act one. What is that stand for it. Right? We've seen GPT three. We've seen dali two. What's act one? Says, click read more. So now you're gonna go to a blog post. What I want you to do is scroll down

54:31

to the third,

to the third,

54:33

scroll down to the second, like, screen video. You see it? It's like Salesforce.

scroll down to the second, like, screen video. You see it? It's like Salesforce.

54:38

I it's Redfin. Oh, yeah. Okay. Salesforce. So just, like, watch this for a second. So let me explain what's happening. So adept is this little floating dialogue, like a Google search bar. You can just type in it. You just tell it to do anything. It's like a a a perfect worker. It they basically train AI to use the internet.

I it's Redfin. Oh, yeah. Okay. Salesforce. So just, like, watch this for a second. So let me explain what's happening. So adept is this little floating dialogue, like a Google search bar. You can just type in it. You just tell it to do anything. It's like a a a perfect worker. It they basically train AI to use the internet.

54:55

So You just type in, hey, can you add Max,

So You just type in, hey, can you add Max,

54:58

from adept to Salesforce as a lead and, set a flag that says he's interested in buying, like, twenty ink cartridges.

from adept to Salesforce as a lead and, set a flag that says he's interested in buying, like, twenty ink cartridges.

55:06

And then it it goes to salesforce dot com. It logs in. It goes to your dashboard. It clicks add contact. It types in his first name, types in his last name, taps in the his his email, adds the note, saves it as a thing in a pipeline. It basically does twenty clicks for you

And then it it goes to salesforce dot com. It logs in. It goes to your dashboard. It clicks add contact. It types in his first name, types in his last name, taps in the his his email, adds the note, saves it as a thing in a pipeline. It basically does twenty clicks for you

55:19

of, like, doing a menial internet task. Now go go down to the next one. It's Excel. And it says,

of, like, doing a menial internet task. Now go go down to the next one. It's Excel. And it says,

55:25

hey. It starts with some data, then it goes it just types and it goes Hey, make a make a profit column and then make a profit margin column. It just types that in plain English.

hey. It starts with some data, then it goes it just types and it goes Hey, make a make a profit column and then make a profit margin column. It just types that in plain English.

55:34

And then it it starts to create these columns and formulas in cell knowing exactly what it is. Then you can type in. Hey. Highlands in yellow, anything where the profits above are below twenty percent. And then highlights it. And he goes, actually, can you just remove those rows? And it just filters them out. It's doing all of the Excel work just off of somebody prompting this using plain English. It's just amazing. Yeah. This is amazing. I just signed up to, hey, if you're listening at that, give me access. I'm on your wait list. This is a this is wild. Who founded this company?

And then it it starts to create these columns and formulas in cell knowing exactly what it is. Then you can type in. Hey. Highlands in yellow, anything where the profits above are below twenty percent. And then highlights it. And he goes, actually, can you just remove those rows? And it just filters them out. It's doing all of the Excel work just off of somebody prompting this using plain English. It's just amazing. Yeah. This is amazing. I just signed up to, hey, if you're listening at that, give me access. I'm on your wait list. This is a this is wild. Who founded this company?

56:03

I had, you know, I don't know, a bunch of people with, like, you know, twenty five thousand IQ. I have no idea. It's, like, one guy who's, like, ex Google Brain,

I had, you know, I don't know, a bunch of people with, like, you know, twenty five thousand IQ. I have no idea. It's, like, one guy who's, like, ex Google Brain,

56:11

And then, you know, there's, like, there's, like, eight people.

And then, you know, there's, like, there's, like, eight people.

56:15

You know, maybe I should just go work there. This is gonna be amazing.

You know, maybe I should just go work there. This is gonna be amazing.

56:18

Wow. Yeah.

Wow. Yeah.

56:20

This is amazing. But just teaching it to, like, use a browser. The guy who the the guy who launched it was a VP of engineering at OpenAI.

This is amazing. But just teaching it to, like, use a browser. The guy who the the guy who launched it was a VP of engineering at OpenAI.

56:28

Yeah. I mean, these guys these guys are great.

Yeah. I mean, these guys these guys are great.

56:31

This is awesome. How did you find this?

This is awesome. How did you find this?

56:34

I was

I was

56:35

in a very nerdy way.

in a very nerdy way.

56:37

It's a little embarrassing to even say this. I was this was on slide fifty seven

It's a little embarrassing to even say this. I was this was on slide fifty seven

56:43

of a random slide deck about the state of AI.

of a random slide deck about the state of AI.

56:46

And I gotta tell you, I didn't understand the first fifty four slides, but I kept clicking for some reason. I was like, next next. What deck?

And I gotta tell you, I didn't understand the first fifty four slides, but I kept clicking for some reason. I was like, next next. What deck?

56:54

It's called state of AI or something like that. And, it's this long presentation.

It's called state of AI or something like that. And, it's this long presentation.

56:59

And

And

56:59

in it, I was, like, reading, and I was just, like, I don't understand any of these words. And I was, like, stay here. Just stay in stay in the oceans. Maybe a little a little shell will come your way. And sure enough, it just said something like

in it, I was, like, reading, and I was just, like, I don't understand any of these words. And I was, like, stay here. Just stay in stay in the oceans. Maybe a little a little shell will come your way. And sure enough, it just said something like

57:12

So blah blah blah teaching teaching AI to use an internet browser, like adept AI. And I go, what? You could teach AI to use an internet browser. That sounds pretty powerful because that's, like, you know, do tasks on the internet. That's pretty cool. And then I went to the website, and that's when I, like, read their blog and I saw this because it's not released yet. Dude, this is a sick presentation. I just pulled it up. This is awesome.

So blah blah blah teaching teaching AI to use an internet browser, like adept AI. And I go, what? You could teach AI to use an internet browser. That sounds pretty powerful because that's, like, you know, do tasks on the internet. That's pretty cool. And then I went to the website, and that's when I, like, read their blog and I saw this because it's not released yet. Dude, this is a sick presentation. I just pulled it up. This is awesome.

57:33

This is awesome. Really good. Tell you try to, like, comprehend the first, like, go read the first ten slides. Do you understand any of it?

This is awesome. Really good. Tell you try to, like, comprehend the first, like, go read the first ten slides. Do you understand any of it?

57:39

No. I don't. But I think it's I think it's but I I could figure it out. But they cite all, like, the all they cite all their sources. So, like, I could figure it out, but it it seems like a really, really, really good comprehensive,

No. I don't. But I think it's I think it's but I I could figure it out. But they cite all, like, the all they cite all their sources. So, like, I could figure it out, but it it seems like a really, really, really good comprehensive,

57:52

it it's basically all about where you can launch businesses in AI.

it it's basically all about where you can launch businesses in AI.

57:56

And it seems like they're, like, just by skimming it, they're doing really challenging. Well, that's what I wanted it to be. I wanted it to be. What are all the businesses, business ideas that you could do in AI. It actually wasn't that. It was more like what are the general trends and and where where's the puck going in AI? That, which is also useful. Like, right? They but you gotta still do the work at the end to figure out. Dude, why don't you just launch that? Launch a media company that people pay thirty grand a year for and you and you just talk about where where the like, you you just make exactly what you said you wanted to do. Just make that.

And it seems like they're, like, just by skimming it, they're doing really challenging. Well, that's what I wanted it to be. I wanted it to be. What are all the businesses, business ideas that you could do in AI. It actually wasn't that. It was more like what are the general trends and and where where's the puck going in AI? That, which is also useful. Like, right? They but you gotta still do the work at the end to figure out. Dude, why don't you just launch that? Launch a media company that people pay thirty grand a year for and you and you just talk about where where the like, you you just make exactly what you said you wanted to do. Just make that.

58:26

Yeah. I feel like I could, but,

Yeah. I feel like I could, but,

58:31

You know, this is kinda stupid. Like, basically, after doing the milk road, I'm like, oh, I know how I would do this in, like, three other spaces that would be

You know, this is kinda stupid. Like, basically, after doing the milk road, I'm like, oh, I know how I would do this in, like, three other spaces that would be

58:40

value. Like, I think I can make thirty to fifty million dollars doing this.

value. Like, I think I can make thirty to fifty million dollars doing this.

58:44

But there's a part of me that, like I like that. Remember that self respect, like, bar?

But there's a part of me that, like I like that. Remember that self respect, like, bar?

58:49

There's a part of me that doesn't respect that because I'm, like, I'm gonna play the same level of the game again. Like, you know, I already I already did this level. I played this. I played this game. Why don't I play a different game? And I know that that's kinda stupid. Like,

There's a part of me that doesn't respect that because I'm, like, I'm gonna play the same level of the game again. Like, you know, I already I already did this level. I played this. I played this game. Why don't I play a different game? And I know that that's kinda stupid. Like,

59:03

what categories would you do it for? What's that? What categories were you interested in? Well, I'm gonna keep those carts list my vest and listen. Oh, you little decide to do it. If

what categories would you do it for? What's that? What categories were you interested in? Well, I'm gonna keep those carts list my vest and listen. Oh, you little decide to do it. If

59:13

you just walk the walk.

you just walk the walk.

59:15

But, actually, what I wanna do is I wanna find an operator to do one of them.

But, actually, what I wanna do is I wanna find an operator to do one of them.

59:20

So if if you wanna build one of these, like, kinda media businesses,

So if if you wanna build one of these, like, kinda media businesses,

59:24

and I have a I have a playbook entities that I know it would work

and I have a I have a playbook entities that I know it would work

59:27

And,

And,

59:29

let's see how much more I wanna say.

let's see how much more I wanna say.

59:31

That's how much I wanna say. Right? Actually, I'll say I'll say one more word. If you are

That's how much I wanna say. Right? Actually, I'll say I'll say one more word. If you are

59:37

will kinda give one of them away, but that's okay. If you are somewhere between,

will kinda give one of them away, but that's okay. If you are somewhere between,

59:42

the world of being a doctor

the world of being a doctor

59:44

and investing,

and investing,

59:46

I'd like to talk to you. And you should email me at sean at seanpourri dot com. You should say, hey, that's me, and I wanna, you know,

I'd like to talk to you. And you should email me at sean at seanpourri dot com. You should say, hey, that's me, and I wanna, you know,

59:52

if you really wanna do this,

if you really wanna do this,

59:54

And, tell me a little bit about yourself because I see it won't be the Mill Grove is actually not the right playbook for that, but I have a dip, like, kind of have a different playbook that I, in mind, that I know would work. I just don't wanna do it myself because I kind of have done that game. But I also don't wanna waste this, like, thing that I I know how to make it work. I know exactly how it would work, so I'm in in that spot. Maybe an operator would be the right way to do it. Find an operator, give them a piece of the action and, guide them, but they do the work. Maybe that would be there the right way.

And, tell me a little bit about yourself because I see it won't be the Mill Grove is actually not the right playbook for that, but I have a dip, like, kind of have a different playbook that I, in mind, that I know would work. I just don't wanna do it myself because I kind of have done that game. But I also don't wanna waste this, like, thing that I I know how to make it work. I know exactly how it would work, so I'm in in that spot. Maybe an operator would be the right way to do it. Find an operator, give them a piece of the action and, guide them, but they do the work. Maybe that would be there the right way.

01:00:24

I don't know

I don't know

01:00:25

how we got here or where we go from here, but

how we got here or where we go from here, but

01:00:28

This deck is awesome. Adapt is awesome. I wanna use it. Is it is it live? It's not, like, released yet as far as I could see.

This deck is awesome. Adapt is awesome. I wanna use it. Is it is it live? It's not, like, released yet as far as I could see.

01:00:36

Dude, and they're hiring,

Dude, and they're hiring,

01:00:38

a bunch.

a bunch.

01:00:39

Interesting company. This would be a good this isn't like a Sayers list company because they're too new and they could definitely go bankrupt. But

Interesting company. This would be a good this isn't like a Sayers list company because they're too new and they could definitely go bankrupt. But

01:00:47

I I don't know, man. I think that if you're looking to start your career and you wanted to have a high risk high reward type of type of job, this might be a good candidate.

I I don't know, man. I think that if you're looking to start your career and you wanted to have a high risk high reward type of type of job, this might be a good candidate.

01:00:55

I agree.

I agree.

01:00:56

I agree hundred percent. You know, this is, if I'm an engineer, like, this is the type of company I would want to be working at right now. Like, and depending how much funding there if they raised fifty million dollars in funding, like, that's pretty interesting. They raised fifty six million, I think.

I agree hundred percent. You know, this is, if I'm an engineer, like, this is the type of company I would want to be working at right now. Like, and depending how much funding there if they raised fifty million dollars in funding, like, that's pretty interesting. They raised fifty six million, I think.

01:01:08

I would say this is a great a great company to to to get a job at. And, like, if you look at their, like, founding team, it's basically one, two, three, four, five, six, seven. There's eight people on the website. So, you know, you join early enough,

I would say this is a great a great company to to to get a job at. And, like, if you look at their, like, founding team, it's basically one, two, three, four, five, six, seven. There's eight people on the website. So, you know, you join early enough,

01:01:20

And, you, you know, you're not like employee number number eighty nine or something like that.

And, you, you know, you're not like employee number number eighty nine or something like that.

01:01:26

Employee aid is a is a pretty pretty sweet place for a lot of people who, you know, if you're gonna have a job, This is the type of job that that's pretty fun. Right?

Employee aid is a is a pretty pretty sweet place for a lot of people who, you know, if you're gonna have a job, This is the type of job that that's pretty fun. Right?

01:01:34

Yeah. I think this is awesome.

Yeah. I think this is awesome.

01:01:35

This is thick, adept, adept. That's a stupid name, but adept. I think Let me invest.

This is thick, adept, adept. That's a stupid name, but adept. I think Let me invest.

01:01:40

Let me invest. Sam, you're in the index funds. You can't invest in this. I don't wanna invest. I just wanna use You put all your money in the seven and a half percent. I'm gonna go ahead and invest in the future of all, like, you know, artificial intelligence? Who who do they raise money from?

Let me invest. Sam, you're in the index funds. You can't invest in this. I don't wanna invest. I just wanna use You put all your money in the seven and a half percent. I'm gonna go ahead and invest in the future of all, like, you know, artificial intelligence? Who who do they raise money from?

01:01:54

It's like Grey Lock. And I think Scott Belsky is in this, actually. I need to hit got Bellski and be like, yo, make an intro, please, because I think he's an investor in this.

It's like Grey Lock. And I think Scott Belsky is in this, actually. I need to hit got Bellski and be like, yo, make an intro, please, because I think he's an investor in this.

01:02:04

Alright. Well, this is awesome. Dude, it says they're based at a nicaragua.

Alright. Well, this is awesome. Dude, it says they're based at a nicaragua.

01:02:10

That's

That's

01:02:11

a red flag. That's weird.

a red flag. That's weird.

01:02:14

Right?

Right?

01:02:16

What do they do it there? Like, you know,

What do they do it there? Like, you know,

01:02:19

I I mean, I I can't even think of a single plausible

I I mean, I I can't even think of a single plausible

01:02:21

reason for that. Like They they looked like an Asian guy who worked at Google I don't think he's from nicaragua.

reason for that. Like They they looked like an Asian guy who worked at Google I don't think he's from nicaragua.

01:02:28

Yeah.

Yeah.

01:02:29

Fred, what are you doing? What are you doing down there?

Fred, what are you doing? What are you doing down there?

01:02:32

This is like like, we use the Nile River to to, like, cool our supercomputers

This is like like, we use the Nile River to to, like, cool our supercomputers

01:02:37

or whatever.

or whatever.

01:02:39

Yeah. That's a little interesting to me. Like, I was hearing that Nile reference, even though it's not nicaragua, just so that the comments will all correct it. And we go up with the algorithm.

Yeah. That's a little interesting to me. Like, I was hearing that Nile reference, even though it's not nicaragua, just so that the comments will all correct it. And we go up with the algorithm.

01:02:47

They, they don't know about the intentional mistakes that we do.

They, they don't know about the intentional mistakes that we do.

01:02:51

Yeah. I don't I I'm not smart enough in South America geography to even correct you. Well, I had to learn from all of our TikToks that go viral.

Yeah. I don't I I'm not smart enough in South America geography to even correct you. Well, I had to learn from all of our TikToks that go viral.

01:02:59

It's because there's, like, one thing we say in them that's, like, irritates people that it's incorrect and everybody has to comment. And so the TikTok algorithm's, like, Must be a great video, and it's like millions of views. So Like, I mean, the same thing happens on YouTube too. Well, I think it happened on, like, the one where you talk about, like, Melo Ball or whatever fuck his name is Lamar Ball or something. And I didn't know, like, any of their names. And I said the wrong person's name and everyone was like, you're an idiot. This guy doesn't do anything.

It's because there's, like, one thing we say in them that's, like, irritates people that it's incorrect and everybody has to comment. And so the TikTok algorithm's, like, Must be a great video, and it's like millions of views. So Like, I mean, the same thing happens on YouTube too. Well, I think it happened on, like, the one where you talk about, like, Melo Ball or whatever fuck his name is Lamar Ball or something. And I didn't know, like, any of their names. And I said the wrong person's name and everyone was like, you're an idiot. This guy doesn't do anything.

01:03:24

Yeah. I know. And it gotten, like, ten million views, I think. Well, you you you could be like,

Yeah. I know. And it gotten, like, ten million views, I think. Well, you you you could be like,

01:03:29

you could start a newsletter and make millions of dollars in under three years. They're like, yeah. Right. No no no fucking way, man. It's like, dude, you literally did it. It's not a hypothetical.

you could start a newsletter and make millions of dollars in under three years. They're like, yeah. Right. No no no fucking way, man. It's like, dude, you literally did it. It's not a hypothetical.

01:03:39

It's like literally your story. And they're like, dude, this bro trying to tell us how to bake money. It's like, alright. You live in the TikTok comments

It's like literally your story. And they're like, dude, this bro trying to tell us how to bake money. It's like, alright. You live in the TikTok comments

01:03:47

where Sam's actually done that thing. People were making fun of me because I said if I could do it all, I was like, if you're twenty one, just go and start a blog. You know, it's a good first business to start. And someone commented,

where Sam's actually done that thing. People were making fun of me because I said if I could do it all, I was like, if you're twenty one, just go and start a blog. You know, it's a good first business to start. And someone commented,

01:03:58

who the hell reads blogs? What is this? Twenty fifteen?

who the hell reads blogs? What is this? Twenty fifteen?

01:04:01

And someone said that. They're like, what what blogs do you read? I'm like,

And someone said that. They're like, what what blogs do you read? I'm like,

01:04:05

like CNN,

like CNN,

01:04:06

Fox News, like, like, any website that has information that you read on a consistent basis? Whether or what happened with your thread about Andrew Chan with Jason Calicana. I saw something popping off that I didn't know. Were you were you in harm's way? Do I need to get in there? No. I appreciate that, but see so here's what happened. So two years ago, Andrew Chen, who's a partner at a sixteen c. Him and I were at a mutual friend's house when storm came, and I thought it would be and I asked him, like, advice. I was like, how do you angel invest? And I purposely had, like, a sarcastic funny opener of, like, I spent seventy two hours trapped in the closet or trapped in a an apartment, and it was like supposed to be funny, but it's kinda hard to be, like, to tell a sarcasm on Twitter, I guess. And at the time, I tweeted out his five, like, rules and, like, a lot of people hated them, and one of them was to run towards the heat. So hyped companies

Fox News, like, like, any website that has information that you read on a consistent basis? Whether or what happened with your thread about Andrew Chan with Jason Calicana. I saw something popping off that I didn't know. Were you were you in harm's way? Do I need to get in there? No. I appreciate that, but see so here's what happened. So two years ago, Andrew Chen, who's a partner at a sixteen c. Him and I were at a mutual friend's house when storm came, and I thought it would be and I asked him, like, advice. I was like, how do you angel invest? And I purposely had, like, a sarcastic funny opener of, like, I spent seventy two hours trapped in the closet or trapped in a an apartment, and it was like supposed to be funny, but it's kinda hard to be, like, to tell a sarcasm on Twitter, I guess. And at the time, I tweeted out his five, like, rules and, like, a lot of people hated them, and one of them was to run towards the heat. So hyped companies

01:04:51

though, that's like a good way to angel invest because hype is real, whatever.

though, that's like a good way to angel invest because hype is real, whatever.

01:04:55

And I said these are what he said.

And I said these are what he said.

01:04:58

And then today or Sunday, someone tweeted out and they said,

And then today or Sunday, someone tweeted out and they said,

01:05:03

two years after this tweet, and this is why we are left with FTX,

two years after this tweet, and this is why we are left with FTX,

01:05:06

bird scooters,

bird scooters,

01:05:10

what are the other ones? Fast. Fast. Yeah. Pipe and a bunch of other, like, high profile things that haven't done so great. Of which I Andrew didn't invest in one, by the way.

what are the other ones? Fast. Fast. Yeah. Pipe and a bunch of other, like, high profile things that haven't done so great. Of which I Andrew didn't invest in one, by the way.

01:05:19

Not one of those. But anyway, and they took a screenshot and they shared my tweets.

Not one of those. But anyway, and they took a screenshot and they shared my tweets.

01:05:23

And they were kinda making fun of me, and then Jason Calcanus

And they were kinda making fun of me, and then Jason Calcanus

01:05:27

also shared the same thing.

also shared the same thing.

01:05:28

And I thought he was making fun of me, so I started chirping back at him, and then he dm'd me. He goes, I wasn't trying to make fun of you. I was just trying to make fun of Andrew, basically, is that's not exactly how we said it, but that was the applied thing. And I was like, well, I didn't I didn't sense that from you. And he goes, well, I'm sorry you felt that way. I I all love. And I go, alright, that's fair. We're we're cool. And so I, I didn't, no, I didn't pounce, but,

And I thought he was making fun of me, so I started chirping back at him, and then he dm'd me. He goes, I wasn't trying to make fun of you. I was just trying to make fun of Andrew, basically, is that's not exactly how we said it, but that was the applied thing. And I was like, well, I didn't I didn't sense that from you. And he goes, well, I'm sorry you felt that way. I I all love. And I go, alright, that's fair. We're we're cool. And so I, I didn't, no, I didn't pounce, but,

01:05:53

we, we're we're cool. I, I, I, I've got I've got nothing but love for him. You make fun of those guys all the time or Chamath at least. I've never once. If you can go back and listen, I've never once made fun of any of them. I like Jason. He's been nothing but nice to me throughout my career. But, I I was holding back, and I'm happy I did. So we're all good. Yeah.

we, we're we're cool. I, I, I, I've got I've got nothing but love for him. You make fun of those guys all the time or Chamath at least. I've never once. If you can go back and listen, I've never once made fun of any of them. I like Jason. He's been nothing but nice to me throughout my career. But, I I was holding back, and I'm happy I did. So we're all good. Yeah.

01:06:11

But I I got rid of the throw down on those types of things, though.

But I I got rid of the throw down on those types of things, though.

01:06:15

I am. I am ready to throw down. I, like, one guy I was like, you know, I, dude, I know I see you in Austin. I'm gonna see you again just so you know. And, like, I I'm more

I am. I am ready to throw down. I, like, one guy I was like, you know, I, dude, I know I see you in Austin. I'm gonna see you again just so you know. And, like, I I'm more

01:06:26

I'll see you go I'll see you're on Austin because instead of threat, you go, no. I live in Austin too. I was like, I think that was a threat.

I'll see you go I'll see you're on Austin because instead of threat, you go, no. I live in Austin too. I was like, I think that was a threat.

01:06:35

Dude, I by the way, I will I'm I've I've done I've been to jail. I do I've been been a bad person in my past. And I will never break the law again. My goal in life is to never break the law. I will never I am totally a pacifist. I will I do not wanna hurt anyone I will my intention is never to do anything wrong. I'm just saying, like, if I see someone, I'm gonna, like, be like, hey, you are being rude to me online. Be rude to me now. I'm not gonna hit anyone. I'm not gonna hurt anyone, but I would have no problem confronting someone.

Dude, I by the way, I will I'm I've I've done I've been to jail. I do I've been been a bad person in my past. And I will never break the law again. My goal in life is to never break the law. I will never I am totally a pacifist. I will I do not wanna hurt anyone I will my intention is never to do anything wrong. I'm just saying, like, if I see someone, I'm gonna, like, be like, hey, you are being rude to me online. Be rude to me now. I'm not gonna hit anyone. I'm not gonna hurt anyone, but I would have no problem confronting someone.

01:07:06

That's how it should be. Right?

That's how it should be. Right?

01:07:08

Sure. Yeah.

Sure. Yeah.

01:07:11

Am am I wrong for me? I can do people? That's like, I'm past this. I've been to jail.

Am am I wrong for me? I can do people? That's like, I'm past this. I've been to jail.

01:07:17

What I'm saying is I when I'm used to getting trouble, I promise I go, I don't wanna do this ever again. I don't wanna do anything bad. I don't wanna hurt anyone. I don't wanna I But you do You do train

What I'm saying is I when I'm used to getting trouble, I promise I go, I don't wanna do this ever again. I don't wanna do anything bad. I don't wanna hurt anyone. I don't wanna I But you do You do train

01:07:27

Like, you're preparing for a fight.

Like, you're preparing for a fight.

01:07:30

Yeah. I do. But I don't I I I won't I have, like, I will never someone. I would I'll let someone hit me a bunch before I react. But if you did, you'd win the fight.

Yeah. I do. But I don't I I I won't I have, like, I will never someone. I would I'll let someone hit me a bunch before I react. But if you did, you'd win the fight.

01:07:39

I would hope so. I would hope so. At least it gets someone on Twitter more likely than that. You got a Twitter account, I could kick your ass.

I would hope so. I would hope so. At least it gets someone on Twitter more likely than that. You got a Twitter account, I could kick your ass.

01:07:47

Yeah. If you're one of the three hundred million people on Twitter, then there's a good chance will come on top, and not always.

Yeah. If you're one of the three hundred million people on Twitter, then there's a good chance will come on top, and not always.

01:07:52

But, I don't know. Am I wrong for reacting to these people?

But, I don't know. Am I wrong for reacting to these people?

01:07:56

No. I thought it was I thought it was hilarious.

No. I thought it was I thought it was hilarious.

01:07:59

You're And then they're like backing down on the see you in Austin. That should have been that should have been. Yeah. I'll see you around. Not I know I'm just saying we live in the same town. That's not what you were saying. Why'd you I'm not gonna I'm not gonna incriminate myself. You can't incriminate yourself, man. I've learned enough. But paper trail?

You're And then they're like backing down on the see you in Austin. That should have been that should have been. Yeah. I'll see you around. Not I know I'm just saying we live in the same town. That's not what you were saying. Why'd you I'm not gonna I'm not gonna incriminate myself. You can't incriminate yourself, man. I've learned enough. But paper trail?

01:08:15

Yeah. You can't incriminate yourself, but you you

Yeah. You can't incriminate yourself, but you you

01:08:18

And then some guy was like, yeah, you you're like a just own it. You're a Get Ridge quick type of guy. And I said,

And then some guy was like, yeah, you you're like a just own it. You're a Get Ridge quick type of guy. And I said,

01:08:24

name one example of, like, Could it be this example where I replied to someone and said the best way to make money is to work forty hours a week on a company that you start for fifteen years. Is that a good example of my get rich quick, like, mentality? Like, me an example. And he's like, I guess I guess you can't show me an example. Or he said I can't show you an example. I don't My first million.

name one example of, like, Could it be this example where I replied to someone and said the best way to make money is to work forty hours a week on a company that you start for fifteen years. Is that a good example of my get rich quick, like, mentality? Like, me an example. And he's like, I guess I guess you can't show me an example. Or he said I can't show you an example. I don't My first million.

01:08:42

Yeah. I'm like, what does it have to do with getting rich quick? And he goes, well, I just I can't I can't find examples. So I just said, thanks for the apology, bitch. Like, that that just that's good enough for me. That's all I need.

Yeah. I'm like, what does it have to do with getting rich quick? And he goes, well, I just I can't I can't find examples. So I just said, thanks for the apology, bitch. Like, that that just that's good enough for me. That's all I need.

01:08:55

I'm just a petty son of a guy. You know what I mean? I'm just petty sometimes, but

I'm just a petty son of a guy. You know what I mean? I'm just petty sometimes, but

01:09:00

whatever.

whatever.

01:09:01

It's all good.

It's all good.

01:09:03

Should I not react to this stuff? Is this below me?

Should I not react to this stuff? Is this below me?

01:09:07

No. No. It's good. It's good. I enjoy it. I'm here for it. Should you? No. Of course not. But, like,

No. No. It's good. It's good. I enjoy it. I'm here for it. Should you? No. Of course not. But, like,

01:09:14

do I want you to? Yeah. I do. Do you ever react to it?

do I want you to? Yeah. I do. Do you ever react to it?

01:09:21

There's been a few situations

There's been a few situations

01:09:22

where

where

01:09:24

I've argued with people.

I've argued with people.

01:09:27

But,

But,

01:09:28

you know,

you know,

01:09:30

yeah, you know, it doesn't really get you anywhere. And,

yeah, you know, it doesn't really get you anywhere. And,

01:09:33

And also, there's been some there's been many, like, I've sent you some of the vicious

And also, there's been some there's been many, like, I've sent you some of the vicious

01:09:38

tweets that never sent. Or I just say, look, this is screenshot, send it to Sam. You don't push send on this one because, you know, it's the wrong type of light and someone up. Right? Like, you you did not try to do that right now. Don't don't do that.

tweets that never sent. Or I just say, look, this is screenshot, send it to Sam. You don't push send on this one because, you know, it's the wrong type of light and someone up. Right? Like, you you did not try to do that right now. Don't don't do that.

01:09:51

But, you know, Taylor Lorens did get it. She did get it. She was called -- Yeah. That was good. -- and, like, you know, She never really recovered for that. I don't think so. At this point, I I don't even wanna make fun of her anymore. Like, it's like making funny Kanye. It's like, you know, you're working through some stuff. We gotta I don't wanna Maybe she blocked me. I I haven't paid attention. Is she working through some stuff? Is that what's happening?

But, you know, Taylor Lorens did get it. She did get it. She was called -- Yeah. That was good. -- and, like, you know, She never really recovered for that. I don't think so. At this point, I I don't even wanna make fun of her anymore. Like, it's like making funny Kanye. It's like, you know, you're working through some stuff. We gotta I don't wanna Maybe she blocked me. I I haven't paid attention. Is she working through some stuff? Is that what's happening?

01:10:14

It appears that way. Like, there was, like, videos of her crying about how she's like getting so much hatred on the internet. And I'm like, oh, that that could wear you down. I don't wanna I don't wanna even I don't wanna pile on Yeah. It's like making fun of Kanye. It's like, you know, that's you you don't make fun you don't call someone an idiot when they're actually an idiot. You know what I mean?

It appears that way. Like, there was, like, videos of her crying about how she's like getting so much hatred on the internet. And I'm like, oh, that that could wear you down. I don't wanna I don't wanna even I don't wanna pile on Yeah. It's like making fun of Kanye. It's like, you know, that's you you don't make fun you don't call someone an idiot when they're actually an idiot. You know what I mean?

01:10:32

That's true. A lot of the golden rules of my first movie. Yeah. You don't make fun of you don't call a crazy person crazy.

That's true. A lot of the golden rules of my first movie. Yeah. You don't make fun of you don't call a crazy person crazy.

01:10:39

You know what I mean? You just don't do that.

You know what I mean? You just don't do that.

01:10:42

Anyway, it looks like she's working through some stuff. So that's why I it's same. There's a few other people like that who you and I know of that I'm like, oh, this is past past the point of

Anyway, it looks like she's working through some stuff. So that's why I it's same. There's a few other people like that who you and I know of that I'm like, oh, this is past past the point of

01:10:52

this crossed the threshold where we can't mock them anymore. Right. Right. Alright. Well, get well soon, Taylor, and, Kanye, and anybody else out there who's who's genuinely going through stuff. And it's not all in good fun anymore. Alright. Fair enough. That's the part.

this crossed the threshold where we can't mock them anymore. Right. Right. Alright. Well, get well soon, Taylor, and, Kanye, and anybody else out there who's who's genuinely going through stuff. And it's not all in good fun anymore. Alright. Fair enough. That's the part.

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