She BEAT The S&P 500 By 41%?!

alright you ready to do this yeah hold on i'm just i'm just executing a stock trade right now i'm i am the wolf of wall street right now sam i i'm we're gonna live on this podcast but i'm not here i'm not here talking to you i'm in wall street right now on the stock market floor shaking my money saying take my money because i'm buying a stock i don't think the wolf wall street used robinhood hood but that's if you want here's here's what we're gonna do if you wanna find out how to lose money like i do you should stick around first wanna tell you the sponsor of today's show and then i'm gonna tell you about my latest money losing move yeah i feel like i could rule the world i know i could be what i want to from at all in it like a days so on a road less never so what is it you've been on a stock kick you you're really out a stock which is just bad news for me i anytime i get on a stock bad things happen i just don't realize it till three years later so let me just show you these two charts so take a look at this chart the fur it's about the stock called palo alto networks i don't think you're following too much of palo alto networks i'm write in assuming that i'm not following right now but i know like it's one of the silicon valley og it's been around for a long time and yeah yeah okay good that's pretty good alright so look at the stop first i know a bullshit when i hear one and you don't know what i shit about the stock i've i know know whatever you can learn reading the wikipedia i've read the wikipedia tell me this what do they sell what's the product no no no why are you looking at this creep look at me look me the eyes and tell me what they sell networking and data solutions i believe so some type of something like they used to be like one of the og that had servers didn't they dude here's a reality i don't know what they sell either it doesn't matter what they sell look at this chart for a second so this chart shows last five days they have down fourteen percent fifteen percent basically that's pretty bad and actually it would be worse than that except for there's this little uptick so look at the second chart this is today up ten percent you might ask yourself did they just have like an earnings call did they announce a new product did they announce a big ai breakthrough what is causing the stock in the first two hours of trading today to be up ten percent the answer is our girl friend of the pod nancy pelosi just made a trade she just bought a million dollars of fallout alto to networks of stock and immediately people start following her action and they're buying this thing blind because they don't know what she knows but they know that she knows something it isn't that so funny that that's what's happening nowadays like i follow this account i don't know if you follow the pelosi tracker and they're were like it says breaking the queen is back added again she just bought at one point two five million dollars of palo alto to network calls and it says and like there's is sub line palo alto to networks is when the leaving cybersecurity companies in the nation like in case you need to know but here's a reality you don't need to know you just need to know that nancy pelosi who has one of the greatest stock trading track records of our time just bought this and she are you actually buying this no i'm not buying the power i was gonna say we just did this amazing whole thing on buffett a couple episodes ago two months ago when mu died we did a whole episode on that and i was gonna say you did a great job of remembering what he said which is like invest blindly and things you don't understand right yeah invest blindly off random twitter anonymous accounts you know claims about you know ninety year old women's trades so so that's what i'm doing no i didn't buy this one but i did find it i was kinda curious i was like i saw this tweet and i was like i've seen her track record or like the data analysis of her trackers record was like really really impressive i don't have it off hand here but it's like better than most hedge funds it's better than most like famous investors that you know of and so i was wondering are people just fast following her trades that's why i looked at what's happened today and this the know the share price up twenty seven bucks this morning because the the sort of the the she had to disclose what she bought and so people were tracking that so i just find that i i was curious do does the stock actually move when pelosi makes a trade and our girl moves weight alright she makes she makes waves in the market i'm an idiot and i don't know anything about politics but but what i would say is if i'm like in charge what i would say to all these folks who are you know high up in the government is i would pay them a huge sum like two or three million dollars a year right because there's only like five hundred how many how many people are i don't even know this is how how how ignorant i am how many people are in the senate in congress i would pay them a ton of money and say there now you can't speak you can't consult and also all of your money has to be in this pile political etf or whatever it's called so we know every trait you're doing and you can't actually buy individual stocks it's kind ridiculous that she's able to do this right it's actually her husband her husband's is able to do it it's their money but it is kind of crazy i think well she can't she's allowed to do it too it's not it's not only her husband's a a pe guy i mean he's like this is his job i would imagine alright so let me just tell you this the last big trade that i saw from her was in i believe twenty twenty two so july twenty twenty two nancy pelosi and her husband paul who's a vc decided to buy twenty five thousand shares of nvidia i said what's the best stock in the world right now since twenty twenty what is almost the most valuable company in the world right now nvidia oh that's right so they bought it at a hundred sixty five bucks it's currently training at eight hundred dollars oh that's pretty good a little four point eight x for our girl in nancy that's that's pretty impressive good trade when i first yeah out great trade when i first moved to san francisco i i told you the story i lived in this warehouse it was like a dirt cheap warehouse it was horrible who's an awful place to live i lived with four other guys one of the guys worked there at nvidia when i lived in this warehouse worked at nvidia i believe from two thousand and nine to two thousand and fourteen and i was doing the math if he had a hundred and fifty thousand dollars of equity given to him over four years which seems reasonable that's thirty thousand forty thousand a year if he didn't sell it it his net worth would be something like thirty five million dollars is that insane or what and he wasn't it he wasn't an early employee he would have been employee i don't know how big they were at the time but it was thousands of people back then and that insane that someone could do that nvidia has been insane so what was the s and p five hundred gain last year last year last year the s p five hundred was up twenty four percent in twenty twenty three okay nancy pelosi was up sixty five percent she just tripled the stock to has be five hundred performance with her trans you know as her side hustle well she's been whatever the speaker that whatever the hell she is pretty crazy you know what else has grown a mere you know twenty five percent in the last year what our youtube subscriber base we are putting pelosi the shame out here but we need your help we need your help we need you to go to youtube we need you to type in my first million and we need you to subscribe because we put in so much work every week and people think it's free it's a common misconception they think it's free sam tell tell them what it is look this podcast isn't free everything on youtube free except for this channel all we need in payment is just you to click subscribe it takes you literally ten seconds but it means the world to us we pour our hearts in this it's all we're asking in exchange it's called the gentleman's agreement we're not there to actually see it you do it but we hope you do that's why it's the gentleman's agreement what do you got what's the trade that you just did that you actually are excited about because you said when we started you said we got you got some a trade that you're doing as we speak what is it disclaimer not financial advice disclaimer i'm very bad at stock trading but i i persist because i'm the little that could i'll never give up and so i noticed i don't know if you notice but over the weekend there was like a lot of negative sentiment around google which is why because their ai product is like woke super woke yeah so basically they released gemini which is their answer to chat gp formerly known as bard which by the way there's a hilarious tweet that goes around every time google releases a new product or rename something and people are like cool should i i would love to check this out on on meat formerly known as google meet formerly known as google hangouts formerly known as hangouts plus formerly known as google duo and they're like they'd show how many times google rename its product so every name bard which was a awful name to gemini better name and it came out basically it was barred barb was there bard was their their you know the next great act of their company they like the thing about google is it sound the word google sounds like a noise which is fine i'm okay with that it sounds more like a noise than a name and they just took that a little bit too far barred yeah they're like what we're gonna call it somebody burp on the call and they're like oh yeah we can go with that think didn't know what to do so so yeah basically if you went to bard and you were like hey can you it started off when people were like hey you know can you generate an image of spaghetti and it generated great image of spaghetti they're like cool can you generate an image of a viking and then it generated an image of a black viking and people like that's weird why is the viking black hey can you generate an image of a white viking and it was like gave you like a mexican viking you're like go hold on can you give me an image of a white person and it was like nah i can't do that really it was basically either saying no or it was showing a picture of a black person it's like what at this seat was george washington they're like well it's highly debated you might be might be black and it was like you there was just or be like who did more damage to society elon musk or hitler and it's like it's hard to say who did more damage to the society elon musk or hitler elon musk tweeted these things about stock price and hitler committed genocide it is really a tough call and is like it's a people were taking this stuff and running with it it's like the perfect it's the the way i think about it is there's two tribes and if you can if you can get one tribe r up you're gonna get that that storyline is gonna get some legs but if you can get two tribes round up then you got like a real story and so this was basically the anti big company anti big tech tribe it's like y babe wake up big big tech made a mistake and then there was the anti anti woke and the anti anti ai tribes all three tribes got together and basically had a fiesta around this and so people were sharing this like crazy and then people were like the ceo of google needs to be fired they were like you know google is too bloated it's too bureaucratic it's too woke it's like it's got the woke virus it'll never recover blah blah blah you know su hale the the you know the guy who created mix panel awesome guy he's like google has lost its way then i read my next tweet elon musk says the bureaucratic you know a google exec called me and promised to change it i told him i don't think the bureau the bureaucratic blob inside google will even let him make these changes it's hopeless basically is what what these guys are saying you go on the all in podcast and they're like i can't believe this you know basically like our rights freedom of speech speeches at at risk here it needs to tell the truth look at this crazy woke bias and everybody's anti google so i woke up today and i was like pretty sure google still owns gmail youtube google search chrome android way okay i think i'll just go ahead and buy google stock today because google on this dip right now on the negative p and i think it's just that old quote of like the short term you know the stock market's a popularity contest and in the long term it's a weighing machine and i just think that they have tremendous assets right like you know youtube does youtube alone which is not even google's like main product does thirty two billion a year in revenue which is more than snapchat pinterest twitter tiktok all combined and that's just youtube right then you take like google cloud which is like does you know thirty six billion in revenue is that's just like their cloud service not not google search right not android not the play store not at not any of this stuff and so i just think they have too many assets and so i have no i don't really do much analysis aside from i was like i don't know seems like everybody's over reacting to this because it's a really good social media storyline to be like google's lost its way it's woke it it's gonna lose an ai blah blah blah maybe it's true i don't know to me seemed like a bit of an over reaction i don't think you're wrong i think that you're right in this particular instance but i subscribe to the subreddit called money r slash money and it's basically people it's a big subreddit and it's people complaining mostly and there's a lot of it not complaining but a lot of it is like i see all these posts of people in college where are like i'm now twenty grand in the hole because i was buying options on robinhood and i'm doing all this stuff on on these apps where they trade and in general i am so against individual trading even though i think you're right with google it ain't go anywhere i we i buy ads on google it freaking works so good but it's just i just will i refuse to go down this path it's such a slippery slope that i don't wanna get addicted to it and i feel like i would and you've won a few times i know that you've won a few times recently oh every time i went don't worry but but but have you lost a bunch of course of course yeah you can't trade without having bad trades right like well what is the number one rule for having a few good trades is have many trades that's insane that you're doing this but you're not wrong with i'm i'm not doing it with a lot a lot of money and also it's an excuse to learn for me too so i i don't know i think that i think a lot of learning just comes from trial and error and trying things when you build businesses is a really expensive slow way to it's like it's the it's the highest price way to learn right because takes a long time takes a lot of effort takes on of focus but there are things where you're like alright well like you know very simple i wanted to learn about ai and so i pay this guy five hundred dollars an hour once a week to to just teach me about ai yeah and i wanted to i wanted to be i wanted be up to speed with what's going on what are the new tools what are the limitations what are some of the bottlenecks and so you know i in general i have a very a i wanna have some fun in my life b i wanna learn and for me the only way to learn is like andrew will consist this one he's like i like to walk around with a fork finding sockets to put put my four basically it's like you know the the only way he learns is by getting electro educated and i kinda feel i'm the same way you know i'll hear things that i hear wisdom but it's never actually sinks in until i go and do something and maybe the real learning here by the way maybe the real learning is just don't pick it don't trade individual stocks you might actually be at the correct final answer and so you know i'm not saying that you're wrong about that philosophically i i agree with what you're saying but i just carve out a small fund budget that i used to do this i my partner joe he trades individual stocks in this week or last week he was like i'm screwed i'm going back to indexing because he like looked at the all the money that he i like did a calculator i go show me what you had fifteen years ago show me what you have today now let's i'm gonna put it in this calculator i'm gonna show you what you would have had would would have done this and let's you can compare and the index fund funding index investment was so much higher and he's like i'm gonna switch and so he like makes the switch i did the same calculation and it was a hundred percent true for me too that if i had just bought the index and or we're just added a consistent amount to the index over time that would have been perfect but the funny thing is it's not the the thing in my analysis i was like okay i went through every single trade again how do you learn you go back and reflect so i went through every every single trade and i said what is what story does this tell me and i had thought the story would be my my prediction going in was you would have made a little more money if you had done the index but you know whatever actually i would've made a lot more money just during the index i was learning one number two learn learning was interesting which was i thought i would find you're not as smart as you think buddy like you know you buy this thing because you have all these reasons but you're wrong and in actuality i think i only lost money buying in a very small number of of of stocks i think it was like less than five stocks that i what i bought it for versus what it currently is is less or even less than it would would've have been if i had just been in the in the in the india index like it's it's pretty comparable returns the two situations where i got it wrong were number one when i during covid i bought some momentum like i just like bought zoom or something at some moment i bought zoom like early and it was working so well and i just bought more that was stupid i should have done that but the second one was via random tips from our friends you know friends says oh man i'm doing this they they're yeah they're a smart friend and so i bought so those are the only times that i bought and lost all of my actual losses of where i where i made less than i would have in the market was just selling early because i sold a bunch of things and i sold a bunch of things some some i sold early when they had a lot more room to run some i sold one i was you know the market sentiment was down or i was feeling fearful and i just wanted to move to cash and i would just sell and so i actually lost the all of my losses were in the sale not the buy which is surprising to me i've been making fun of joke because he's going on all in on indexing and i'm like great you you picked a really good month all time highs record highs picked the this is the best month ever the decide to do it and obviously like second guessing it let me show you a company that launched i think this week or last week and i wanna know what your opinion of it is so it's called harbor so harbor dot c and i wanna tell you what this company is and why it's interesting sync to me but i'm not sure if it's gonna work or not but i wanna hear your opinion of it do you remember deep sentinel we had sally on the pod so deep sentinel i thought it was gonna be huge tb verdict still out and it was basically i like these businesses where people are monitoring things so let me give you an example so deep sentinel their tagline is or i don't know if it's a tagline but the guy said it on the pod he goes ring is a great way to watch your shit at stolen which is how it typically works at ring like something like i've had a bike get stolen before and i'm like oh let me look at the ring yep there's the guy who did it it is fact stole it and so deep sentinel all is different because it's these can't it's camera similar to ring but there's is someone on the other end watching the cameras and they'll call the police and i've had like a drunk airbnb think that my house was their airbnb and he's like knocking going on the door at two am and they called the police on them and like you know took care of it whatever there's this other thing called harbor so harbor dot c it's basically that but for baby monitors and i shared the deck with you let me know what you think but basically have you ever heard of like sleep training so basically when you when your kid gets to be like three or four months old when they start crying sometimes you gotta a let them cry out a little bit in order to like you know figure out what's real and what's not real and it eventually they quit wine and they go back to sleep they did this but for baby monitor so there's someone monitoring the baby monitor and i think they'll call you or like ping your the monitor that they give you to let you know alright now you actually should get up the baby been crying for like nine or ten minutes it's time to get up you know baby's crying i fucking know well yeah that fans the commercial well we this product makes no sense how big that's a house i wanna talk you that's why i wanna hear your opinion on this because we had jack smith on the pod you remember when we had him on the pod he did the same thing where he set up like a ring camera for his baby monitor and then he hired someone in india to watch the monitor i think he used shepard actually he hired someone to watch the monitor and to call a dedicated cell phone just to let him know when the baby's been crying for ten minutes or something like that and these guys turned that into a product what do you think about this well i have a couple thoughts first is i love how sam the new dad is like you ever heard about sleep training talk to me father of two it's like if i went and worked out and i was like well you ever heard to buy some curls and they're like dude what welcome to the gym so yes i i've under i'm familiar with the idea that babies cry and you know sleep can get a little hard for parents alright second thing this whole class of products is like what i call like it's supposed to be anxiety reduction but actually it's somewhat anxiety inducing so you know the idea would be hey you could sleep well knowing that somebody's monitoring your baby at night and there's a whole bunch of products with this like i know if ever bought like the outlet which is like this like ankle monitor for your baby or like there's like sock version of this there's like a there's like another one that's like measuring there their like oxygen light at all times or whatever hey i know all about ankle monitors been there know that no i can tell you all about sorry i'm just guilty again reach to choir there yeah i didn't know you could put them on my children but yeah i know think could do about ankle monitors exactly so so those all exist and they actually have done well i i think alec did elle did pretty well i know they gotten some some trouble but they i think they ended up going public what is it alec is is that's what it is the it's the that's the ankle monitor for babies but with the key thing being like it's measuring i think their oxygen level so you know if the baby you know like you know sids is obviously you know yeah biggest like you know nightmare for a parent would be for baby you know suddenly in their sleep you know stops breathing and so the idea was with without you would get notified if the oxygen levels go down which is to me makes way more sense than the let me know if my baby's crying because i know if baby baby's crying typically you know through a traditional baby monitor or like you know my house is not that big or the baby sleeps in the crib in the same room like you know that's i guess i think this i think the outlet stuff makes a lot more sense than harbor so yeah i'm not like super into this idea and that's kinda of i say no offense to the people behind harbor i'm sure they're great smart people the guy who started it started mi in maine that clothing company remember the the clothing company that it's like golf people wear it it's like a looking not it it's not popular among in our lives but it is very popular pretty successful right yeah it's huge it's like a hundred million plus it's like a big thing but he came out with this thing and i didn't i i invested a very very small sum a a thousand dollars he's a friend mine and i was like alright i'll just do a thousand dollars just to play that that's my version of you buying google is just doing small small investments but i saw this and i was like i don't know this might actually work we'll see what happens but i'm into these things that monitor things another one and this is this is a little bit of a chill this is actually totally a chill but do you remember my body tutor i told you all about my body tutor i use my body tutor happy to plug them for free i've not a we don't get paid for this just a happy customer i get a little bit paid for it i'm a small stakeholder in this company i get a little bit paid for it because because here's what they do they you i use my fitness pal but you could use their app but i use my fitness pound i upload like the calories that i've eaten and and all the food that eaten and they basically called me every morning to like criticize me and be like why the hell you eat this is this part of your plan or what's your plan today or are you gonna do this week and what type protein you're gonna eat with today what type of carbs you gonna eat today and they actually like coach you accountable for what you're eating i'm actually am getting paid for this i am a stakeholder in this company i getting paid directly but i do have a small stake in this company and so we did this thing called my body tutor dot com slash sam it's a little bit of a discount for our listeners because i do love this stuff has it work with you yeah it's going great i love the product genuinely even though i'm not a not a you know not promoting there's no slash sean but yeah happy customer mike coach haley is awesome and you know it's a it's a good reminder and so so most things in life i i always get surprised when the answer to most things if you if you trace back you're like alright how do i make this thing happen and you're like well you gotta take a bunch of action it's a cool non negotiable right gotta take a bunch of action whatever the thing you want in life is you gotta take a bunch of action okay well how do you take yourself to take a bunch of action well you gotta have the you know maybe a strategy or you maybe have motivation those are some of the elements that go into action okay where do you get the strategy and the motivation if you just keep going back down the chain the number one thing is simply awareness like a lot of things in life that aren't happening aren't happening because you haven't actually put your focus on it right the laser beam that's in your brain is pointed elsewhere and you haven't actually brought your awareness to to the situation at hand and you're not bringing your your awareness to it regularly enough as a startup up sam i'm sure used to do the same thing i used to put like every day when have time in the office i draw giant zero on the whiteboard like that's how many paying customers i have and you know i was i don't need a dashboard i will write this number here every day of how many paying customers i have and i would write zero every day because i had to look at that i had to bring my awareness to the fact that i currently have zero paying customers because otherwise it was very easy to get distracted by whole bunch of random tasks but if i started with well my main goal is to hit you know this many paying customers and i currently have zero if i start my day with without awareness then i'm likely to take actions that are in line with changing that number to be what i want in the same way you get a phone call in the morning that's like hey what's your plan for eating today and you're like don't a plan i'm just gonna eat whatever i can comes up in front of me right like you know whatever i see eat like well that's not right so then you bring your awareness to okay that's right i do have the school i am committed to making this happen i'm gonna make a plan and i'm gonna just decide front i'm gonna bring my awareness to that early and often or when you take pictures or you log your meals you're bringing your awareness to what am i eating is this in line with what i've said wanna be eating or not right so i think awareness is actually like massively underrated both in diet but really any goal you have in life i think everything is downstream of first bringing a bunch of awareness to the thing yeah dude it's changed my life and that's why i've invested in some of these companies where they're like monitor stuff for you and so you're either forced to focus on it or someone else is focusing on it for you let me tell you one more thing have you heard of pens media no what is that you've never heard of that okay so never most people have it that's why i wanted to bring this up i've been i found this guy a few years ago and i've been following him and i spoke to someone who worked at the company and i didn't realize how big this company it is so let me tell you the story so there's this guy named jay pens his father is roger pens roger pens do you remember in san francisco remember those yellow trucks they were yellow moving trucks and needs say pens yeah yeah so roger pens he was a race car driver he was like professional race car driver and then he started a whole bunch of things including a moving company he also owns a a chain of auto parts store and so he's the self made billionaire he's probably close to ninety at this point but he's like a big deal well he has the sun named jay and google jay pens when i googled jay pens i wanted to hate this guy so much tell me what you see when you google them but yes he's too handsome and too rich for you he's too handsome he's too rich i think his wife is a beauty pageant one other he's he's yeah he's got both of them if this guy has any handyman skills he's out of here for us dude if he was like don't build anything with his bare hands too much get out of here immediately googled like jay pens shirtless in order to like be like does he have that too which he does i think but i lick this guy up and i wanted to hate him and i did research on them and i completely love him i think he has it all so check this out so you've never heard of pens media but let me tell you all the things that they own so they own south by southwest they own the golden globes rolling stone the hollywood reporter now they own a large chunk maybe most of v they own variety the oh south by southwest and rolling stone this guy yes yes he owns the hollywood reporter billboard women's wear daily new york magazine eater the verge art news art form art in america the rob report have you been in the rob report yeah it's like this this article says he is the rupert murdoch of entertainment yes exactly he's really under the radar not a lot of people talk about this guy but pens media i think it's called the pm pens media corporation they're pretty under the radar they own enough publications that's something like one and two americans go to their websites every month it's massive they get hundreds of millions of of monthly unique and they're one of the few media companies that's large that is consistently profitable they've been killing it for years and years and year he's originally how do they get started how did he build this empire yeah so he originally started his first like getting into the digital business was when he was in his twenties he bought mail dot com and he was like gonna create a new email service it didn't work out and so he eventually sold the domain mail dot com to someone else and he made a little bit of money doing that and then he was like alright but i still wanna get into digital i still wanna get into media and so he started i believe it's actually hard to find the the origins of the story but he started something like an ad network and he starts an ad network in the two thousands and it's going okay and they eventually start buying publications to put ads on and then slowly slowly slowly starts they start gaining momentum and over the last twenty years i think it's the company is like twenty years old at this point they buy more and more publications and this guy is like he's got a chip on a shoulder because he's the son of a billionaire and allegedly that's what he says he says i've taken no money for my parents i started this with a very small sum my own money and i've just slowly rolled this into another thing and another thing and another thing and now it's this massive business and i think two or three years ago they raised two hundred million dollars in order to further fund acquisitions but people aren't talking about this guy at all and i asked this guy who sold this company to pens and i'm like what is he so special at and he says here's a few quotes that people have said about them they go i think he has a chip on his shoulder wants to prove himself he was hustling back then not to be known as pens to prove himself not to the world but to his family and another guy said that when he hires people at this point they have something like a thousand plus people he interviews every single person who they hire and when he buys a company he wants to interview every single person who works there and they say he's a steward of the brand and he truly cares there's this one story about i think it was what was it it was a real estate publication owned by this woman that was notoriously rude to everyone she was like hard to work with she was kind of a diva and she was just rude constantly she was one of these hollywood real estate reporters and so she kinda thought she was on top of the world and jay jay pens comes in and he's like this good looking privilege guy so immediately she thinks she's gonna hate him and he totally toned her down and won her over with kindness and like being polite and like having her back constantly and that's been a trend i've noticed with this guy is all these people say that he's just really kind he's really nice he's a really really savvy operator and he's super low key and under the radar but this guy jay he's one of the biggest names in media and very few people are talking about them i love always i wanna make a name for myself he's like pens media a group he's the same name also hilarious this is fascinating so he didn't take money from his dad that's interesting he took money from the saudi and he took money from that guy daniel lo who's like that like the legendary trader yeah but but i think that was like fifteen years into the business i i think that they actually bootstrap for a long time i think they raised two hundred million dollars at a billion dollar valuation how would you bootstrap it like what was the first what was the cash cow well the first cash cow was their ad network that they made so if you i used web archive and i went and looked at what their website used to look like and it was basically it reminded me of an ad network now this was like fifteen years old i believe and so like a lot of the terminology it was even different and like the type of stuff that they were doing isn't really relevant anymore but it was from like owning mail dot com that he bought for cheap and he sold that for a profit and then it was like an ad network is what it was but they've they've run profitable for a really really long time so i think this super cool find i never heard of this guy and i did not know that you know the same family owns pence you the truck thing they own the indy five hundred they owned like the indy car race and all that and then he bought all these brands like south by southwest and whatnot that's super interesting would you wanna do this because this sounds really hard to do there's a quote here from someone who's like he's the largest working guy i know he's always on planes he he's always on calls he never he never stops it's been that way for fifteen years this seems like like rolling up kind of like old school media properties seems like both one of the more dangerous things you could do because media is like i mean we just saw vice shut down the other day media is like not the most stable industry it's not the most profitable industry either and owning a portfolio fifteen things in general and operating them is is not you know like just a hard way to go hard way to live no i would not wanna do this i i think that this is the worst way to one of the worst ways thousand employees yeah and not only do they have two thousand employees but it's two thousand like la based you know so they own or they operate so like do you know dick clark studios have you ever seen like the golden globes or yeah yeah remember like when the ball drops on on like nbc i forget even with network it's on and it says like this is brought you by dick clark studios or whatever they own that and so having to host all those things no i would never in a million years wanna do that but someone is doing it and they're actually doing it successfully so if you look at v or how about buzzfeed buzzfeed has a horrible market cap and they they just sold complex media for less than i think they paid for it or i mean what what their media company did you just mention vice advice dot com they just shut down no i think this is an awful way to do it however it can be done and this is the only guy who's proving that it can be done at that size and so the way that he's doing it is they're just being a really good operator and so he balances letting people do the thing but also he he is like pretty strict about operations so he expects a certain amount of profit things like that and he still owns sixty percent of the company and so when i wanna do this absolutely not but do i still think it's cool yes he and if you by the way if google his name i was trying to figure out like where's chin in this guy's armor like where is he screwing up the only thing that i could find was he got arrested for piss outside when he was drunk on like na tuck or martha's vineyard and so bad like that i've that was like the only time that i've noticed that that people really have disliked them in general he's gotcha yeah so you're not perfect by the way i said that his a wife was a like miss america when her she's actually a victoria's secret model so he's doing great in many different aspects of his life but i i thought that the secretary better to just pause after just be like so he's he's doing alright let it all be just let let the air answer the question there he's doing alright but you you know what have you ever heard of sign new house do who sign new houses no but i an idea for you real quick i have noticed and many of the listeners have noticed that you love a good looking man i know you should create the forbes t i think you should create the par thirty studs under thirty and it's just great looking businessman man just dreamy hun dude so many times songs so many times people in the comments they think i'm gay or they'll comment on how i comment i why dude you're like i googled this guy shirtless i the fourth record i'm not gay but i can appreciate with someone's really handsome so sue me it's so sue me i love art long walks of the beach and a nice body yeah use it on dude it's pretty yeah a lot of people do think i'm gay because i remember we were talking about this one track athlete and i was like look at his caps you see those caps i'm sorry yeah i i can admire you know i could admire well your hand was like making a cup motion while you were saying it i was just that's alright i'm fine with people thinking up gay that's okay i'll whatever anyway interesting guy who's under the radar that's doing stuff that you used but you probably never knew who was behind it that's what i wanted to bring it up okay i like it alright sam you brought some fire today the pens thing was awesome pelosi we're keeping an eye on her i got a stock pick how my stock picking we're gonna check on that one in five years and see how i did good episode that's all for the bot actually we're trends of the new so we have a a new format for the next episode that we're calling the quickie and a quickie episode is just quick hit little basically throughout the week me and sam see a bunch of things that are really interesting but they're they're kinda short they're not like they're just like hey did you see this check this out this is something really interesting i saw and it's stuff that we normally just share in our group chat because everybody likes it but we didn't know how to make it into a pod so we're actually gonna just take the best ones from the week and put them together as a little friday quickie of quick hit so check that out alright that's a pod i feel like i could rule word i know i could be what i want to put at all in it like a days off on a goal travel never looking back