It's All Adjusted | Group Chat News Ep. 802

Um, we were just talking about how there were some sound issues on the last episode. I got like, you know, a ton of DMs and text messages, um, uh, Brian, who was into the pod, Brian told was like, uh, everyone was blaming Ari. Yep. Basically, here's everyone thought it was a big few on the way out. Yeah. It was his send off. It seems like something. Yeah. It's a spiteful guy. So yeah, it's sabotage on the way out, but Josh is, uh, admitting blame here. Nope. That was a not graceful start for me and, uh, you know, we took it as a lesson and we're going to have better audio, you know, before we start recording and, you know, I respect, uh, the response, I was just like, Hey, how do we make sure today's episode has not the audio problem we did last time and he said, it's just on me. Ungraceful start. No excuses. I like that. Yeah. No thoughts and prayers. Yeah. I respect the youth. You never seen it. No. I'm 32, so I'm a little bit older than Ari. Okay. That's why. Yep. Yeah. I'm sure. In your 20s, you don't do that. Yeah. In 20s, you blame someone else. In 20s, you blame Ari. He's not here. He's never been listening to the pod again. Yeah. Yeah. Torries fault. Yeah. Yeah. Like, I don't know. That guy was an idiot. Yeah. Okay. We'll make everything right in the world. Absolutely. Absolutely. Anything we need to catch up on? You know, I've missed a couple episodes. I apologize. Is there anything we need to chat about before we talk about the news? What do we got? I don't know. Dees told the whole city and I have a nose job. Yes. I had a nose job. Yeah. That was a whole episode. Last podcast you missed it. Why'd you go with that? I don't have a nose job. I had a deviated septum and it fixed my breathing. And there was no cosmetic surgery. It's funny how that's like the hide for like I have a severely deviated septum as well. And at some point, I'd like to get it fixed because I heard it's great. Oh, it's life changing. You should listen to the last part. I explained the whole operation. I'll listen to it. But it's funny how a deviated septum is like the high, the cover up for a nose job. Yeah. It was. And we should have asked deeper because I actually don't think insurance covers deviated septums because it's been abused so much. Yeah. I could be totally wrong. Someone's going to correct me. But I feel like I've heard that. Okay. But even I feel like people like not even just celebrities. I feel like even normal people go get a little shape up on the nose and say, oh, yeah, I had a deviated septum. Like I feel like that's the cover. You know the thing that I actually meant to mention on the last pod so we could just tie a bow on it is the number of people that I've talked to post having it done that have had it done that don't talk about it is shocking. Yeah. It's like, dude, you can improve someone's life and their breathing and their quality of life. Why is everyone hiding this stuff? Are you sure my deviated septum? Yeah. Oh, why don't you hide that? I thought you meant a nose job. Yeah. But it is, it's, there's like, it's everything in life that is say a nose job or even like I remember when one of the someone in our neighborhood got robbed in our old office that I'm taking 15 years ago. I know exactly what you're about to say. And we got robbed. So then I went into all the neighbors and say, we just got robbed. I'm just letting you know. And the guy goes, oh, we got robbed a few months ago. I'm like, why the fuck didn't you tell us? Yeah. Like there's just this weird notion of like keeping is what they call it. What do you think it's keeping embarrassment? It's embarrassment. I think it is because like, obviously, like you're a deviated that a nose job and it took you a while to finally come clean. How was I embarrassed? I told you the day of I'm kidding. So guys, a deviated septum, plastic surgery, I just don't, I mean, maybe take a rest. I just, even, even like getting robbed, right? Like no one wants to talk about getting robbed. I mean, I didn't. It's honestly one of the reasons why I'm so public about like Maverick's journey with epilepsy. Like, hey, maybe we can help someone. Yeah. Yeah. Like it's not embarrassed. Why are you embarrassed with something you're born with? Yeah. Yeah, that is strange because getting robbed, I wouldn't be embarrassed. Like, you know, if your house or office or like whatever got robbed, even if I got robbed at gunpoint outside of the office while recording an episode, I tell everyone, hey, don't fucking go on. We'll sure. Honestly, I think that's one of the best things about the podcast that we're all pretty forthright with what's going on in our lives. Like, yeah. Yeah. And maybe someone won't be embarrassed about fixing breathing. Yeah. Yeah, that's true. I was lucky. You know, I embarrassed myself early in front of a lot of people. So now at this point, you know, you can't get anywhere. But it is fascinating. Yeah. I was going to ask you guys is when we talk about not gatekeeping is, what do you guys see in, you know, in your friend groups and stuff with this COVID resurgence? Seems like a lot of people have COVID. COVID is definitely back. It's interesting how many people are getting tested. I think that's the more fascinating thing about it. I know. I mean, I was sick last over the weekend. Let me get COVID. I 100% did not get tested. Yeah. I mean, why do I feel better? Yeah. Probably should be tested. Yeah. You got a big trip coming up. You're not going to get tested. Don't you, Chris. Yeah, at this point, I'm not sure. Your boy Joe sleepy. He's got a vaccine. He's pushing. You're going to go get that. I think I've survived. I haven't been hospitalized. You got to get it, dude. You're going to get you have to get it. That's your guy. You're, if you want to, if you want to push Taylor Swift barbie, you need to get fucking jazz. Taylor Swift gets jab publicly. I'll go get it. She'll tell everyone she got publicly jabbed. You got to get jabbed, man. You're not going to be invited to the meetings or whatever. Yeah. You got to really liberal elites meet, but I know you've got to be vaccinated. If you saw, like, just to talk about how ridiculous the country is at the moment, like, on the other side of the spectrum, Alex Jones started a thing that he has friends high up in the blah, blah, blah. You know, remember, we all had the uncle at the Pentagon and they have alerted us that we're going back to full lockdown, full COVID protocol in the fall. And everyone beware because, you know, we're back mask mandates. Yeah. What's interesting is is I think the LA Times had a comment from a city official that said Barbara Fair. Yeah. The girl talking about masks, particularly masks, I mean, that is going to be even in Los Angeles. I'll be revolution. I mean, no one's. I think people would probably get beat up. I think there would be fights over like, I don't know either. You see someone wearing a mask and you bully them, you see someone not wearing a mask and there's a fight. I think it's like so ridiculous to even consider making masks mandatory on any level. I think it would be outrage completely and look, COVID is clearly spreading again. I mean, no one's denying that. It's happening. But I agree. I think this is the problem with the groups that are kind of overreacting right now. Like back in 2020 when people were dying at a death rate that was pretty significant and being hospitalized, that just isn't the case today. So you don't need to have that same reaction that we had in March of 2020. I had friends hospitalized in March of 2020. I had, you know, we've heard so many people that were like either died or near death. That's just not the case now. So you kind of have to evolve. And if I get invited to those meetings that you're talking about, I'll voice that opinion. Yeah. Like it was okay to panic then, but we don't need a panic now. Yeah. Please let them know in the meetings. Yeah, they're not going to be happy with you in the next year. That's an alt-right stance in that community has its own right stance. Common sense in most conversations is not, but you know, you guys call me wokey woke, but I have the common sense to not panic right now. That's true. Because you know why? This particular one inconveniences you. That's why you're... That's why you're... Your members tent woke. You're not. In the trenches woke. In the trenches woke. We're tested positive for COVID today. It could potentially fuck up your weekend. No, I'll disagree because I told you a school situation, I'm not getting any details because I don't want to get banned from any school. And I was just like, this isn't the right logic. Yeah. That was two weeks ago. I agree. And you now know the severity of how, particularly in our state, they take COVID seriously. So yes, in this instance, it's not personally bad. I think to Dean's point, you have such a good social life that the prospect of shutting that down is off the table. Exactly. So you're down with all the other rules, except for anything. No, but I also have... I mean, I made a comment to my mom over the weekend or maybe it was last weekend and she's like, oh, so you think diesel, right? What about you? Wow. Yeah, you're definitely on the fence. Yeah. You definitely would get... You'd be the most disruptive one at the meeting. That's for sure. Yeah. But, you know, in our group, you're... In our... In the conversation, the context was about COVID in my views. Well, it's going to be great for a context. I mean, specifically in schools, how are they going to handle this? Because everyone went back to school in the last two weeks in California. So I think we're the third week of L.A.S.D. obviously kids are definitely getting sick already. I mean, Dean, I have kids. Everyone's sick all the time. You know, but yeah, we saw when you're in school. You're in school with 30 kids putting feet and hands in their mouth and sand and throwing shit, licking balls. Like, everyone's going to get sick. Who's licking balls? That's cool. What's cool over here? No, it's cool. Like... Jesus Christ. Jeff, we have to bring up the name of that school, but I think you're dead. Have you seen high? Like, you play with balls, kids play with, not the balls of them, and then Dan and big... No, they play with them too. We got it. We are just licking. First, they play with them. Yeah, I think the thing is, it is perfectly ripe for content. So there's going to be content on the right about like, oh my God, the master back, then there's going to be content on the left about the blah, blah, blah. Like, it's just... I feel like this is definitely going to become a thing, even though day-to-day people don't give a shit. Okay. All right. Let's talk about some news. So Databricks, the enterprise software company is in talks to raise a new round at a $43 billion valuation. What do we think? So Databricks is one of those companies where we clearly have no idea what they do. And... Another one of those stuff. Yeah. You know, two years ago, they raised at $38 billion, which was peak, peak. So the takeaway is they had a peak 2021 fuckery valuation, and their 2023 valuation is up. So granted, we can't explain the business, but they must be doing something right because that $38 billion was massively inflated, and they're still able to raise a higher round from the last one. And then, I think we'll all have a little fun with this. So... Yeah. Or maybe two pods ago, we're talking about the Instacard IPO, and how their snowflake spend fell off dramatically. And the Databricks engineers and the snowflake engineers have been on a Twitter beef, saying like, oh, we got you, bitches, like Databricks is taking the business away from snowflake. And everyone's deleting posts, but it's like documented in like a few articles. They're on Reddit talking shit to each other, like the snowflake engineers and the Databricks engineers, saying like, oh, yeah, the reason why your spend is down, it's because it's going to Databricks, but that was fun. The world's safest beef. The world's safest beef. What's interesting is, is like the, you know, I've been a big screaming about this core weave company, and the internet has now taken this whole core weave in video. Did you put that on TikTok? I feel like you were... That was a pretty big moment for you. You were pretty early on that. You went pretty hard. I probably started the movement. There's actually a woman I follow on Twitter that first posted that, hey, this earnings beat looks interesting. Who is this core weave? We've never heard of them. And then now she keeps digging deeper and deeper and like, who are core weave customers? Because if they're doing all billions of dollars and there was a secondary offering of core weave, $500 million of secondary offering, right now you can buy the employees and founders are dumping stock. There's also going out a market to raise it at $8 billion valuation. There's some fuckery going on here. I'm not calling it broad, but fuckery. Yeah. I mean, I think when you see $500 million of secondary with a company that hasn't proven to... A new company. They were doing like Web 3 like two years ago. Yeah. So, I mean, it's definitely people need to just look at what happened in 2021 and learn their lessons. When a hop in, the guy took $200 million and was $8 billion a company now at zero, hey, maybe you should probably see some signal pattern matching. Yeah. I mean, I think... Yeah. It's also because we know how connected they are. This will happen within two years. We're two years removed of peak fuckery. It's also that, like, wasn't there a weird connection that you said where, like, BlackRock owns a bunch of blah, blah, blah, and then this went to that. Like, this just seems like... Yes. ...some manipulation here. Yeah. Basically, like, they... What people are accusing is that, like, core weave and Nvidia and BlackRock are all in cahoots until, like, build, you know, just to juice everyone's revenue because if Nvidia gets more revenue, the stock goes up. If it appears that core weave is doing so well, their valuation goes up and they're all working together. I mean, great teamwork by core weave and video and BlackRock. This is, like, a true triangle teamwork to make sure everyone does well. But it is, like, some questionable practices happening here at a very large scale because, like, I know in, like, bullshit startup land, it's happening all the time. Like, people are doing partnerships and they're trying to figure out how to help each other out. Yeah, the way people book revenue and how they recognize it... Yeah. ...out of fraud. Yeah. But this is a publicly traded and this is arguably the most watched company on Earth right now as Nvidia. I would say Tesla used to be now its Nvidia. Yeah. Everyone's obsessed with this company. Yep. And, but, you know, to be fair, nothing could be happening and everyone accused Tesla of all this fucking fraud and now they're profitable and they're crushing it and basically own the market. So this all could be all just nonsense internet talk. Well, look at that. What's all this suspicion about Nvidia's... Oh, weave is the real problem. Like, what is this? Nvidia's the problem because the demand is actually... I know, but of course we've writing them a $2.00 dollar order is kind of fishy. Right. There's a problem. Yeah, I think the way people book revenue, if actually, I mean, I don't know, do average people care, do stock analysts care? The way people book revenue and actually recognize it and they move it forward, like, there's a lot of shenanigans that are happening at the biggest companies in the world. Yeah. I think they care. Yeah. Yeah. What's going on? Just leave it to us. We shouldn't ever have adjusted EBITDA. There should be EBITDA. Yeah. Why you can't just adjust it. Why can't you just move it around a little? I'd like... It's kind of like, if you... Like, you know, the inflation data, some... You know, it should have an adjusted inflation. What they do, they have excluding energy and food. I mean, I'm sure... What the fuck is there? That inflation data. That inflation data. You know, that inflation data is so adjusted. Oh, yeah. That's... It's like, the someone posted the unemployment filings for the last 12 months, every month has been revised downward. Way more jobs were lost. Right. Adjust, adjust. Everyone's adjusted. Yeah. We've seen all the defense contracting adjusted data, like, how much money is just no one knows where it's allocated to, what's being booked, and that's in the tunes of, like, hundreds of billions of dollars. It's all adjusted. I think 99% of the information we receive is adjusted. Yeah. It's actually from the government. You just need a good CFO that can talk the talk. I think that it is very much, like, when I would read, like, earnings reports when I was just, like, a geek about those things, the way they can communicate, like, a catastrophic quarter and make the stock pop is unbelievable. Yeah. Yeah. Adjust. Yeah. This is why you go to these schools. Yeah. They teach you. Yeah. Harvard probably has... You can get degree in adjusting. I think there's probably classes called Harvard. You can get masters in adjusting. MBA. Masters of business. Adjusting. So, it's funny what we're talking about. I have a close friend who is a... Who was a CFO of a publicly traded company and he said the job of the CFO isn't to worry about the numbers. It's about delivering the message. Yeah. Yeah. And it was a hot message. Hot message. Adjust. You know, sales are down 30%. Margin's are getting crushed, but we are very optimistic about our future. I mean, it's how Adam Newman, Travis Kalanick, all these guys were able to raise hundreds of billions of dollars. And to your point, like, Databricks raising at a higher evaluation, I'm sure they're telling this machine learning AI story that's getting out there. But like, the thing that's so fascinating to me, which kind of tells you that, like, the fundraising environment is already, like, picking up steam again, especially if any of these companies go public, $43 billion, I think is bigger than, like, snowflake. Let's just look. So 43 billion is a large number. Most publicly traded companies aren't worth $43 billion. Yeah. That's my point. Like, snowflake is 51 billion. So you're assuming, basically, you're betting that the numbers of Databricks, whoever invested it saw the numbers, is better than what snowflake is because you're not investing for a 10% return. No, you would think you're at least, it's a $80 to $100 billion company if you're taking the risk in a private market company. Yeah. Like, that's how you're underwriting it. Yeah. No one's underwriting the $43 billion company to be 50. Definitely not 50. I'd say $80, $100 is probably too aggressive. I don't think they're underwriting it to that. And it may have to. But don't you think there's stories that they're that? Because it's an outsized risk because the 43 could be 20. Yeah. So you only do that if you think you can get that to X. So their numbers have to be better than snowflake. They're not. I'm sure. You know, the story is better. That's what matters. I think just stories are better and it's also like the common thing when you don't have enough data on the company. No pun intended with data bricks. I mean, they should have tons of data underwriting it. I actually heard this guy talk, Ollie Goatsy. You have. You have thoughts on him. Yeah. You may not be able to share it. I can't. The lead brick. Is he the CEO of Databricks? He's a founder. He's like one of the most revered CEOs in Silicon Valley, the way people, the way Ben Horowitz talks about him publicly. I mean, he's like, he's so, they will the 43 billion dollar value. He's got the story. He's a Ronyan immigrant. I think they were persecuted. Came here with nothing. Yeah. And, you know, he's got that whole, that's a hundred billion dollar story. Yeah. Great story. It's just funny to me how much like how the line where you cross sort of like aggressive business tactics and fraud is a very thin line, you know, like, that's how you get it. You can thread that needle. You're a billionaire. Yes. That is what billionaires do. But it's not a very solid line. No. I mean, Elon pushes the envelope all the time when it comes to this stuff. Yeah. We know all of the largest companies in the world play this game really, really well. It's just, it's, it's really how you deliver the message. It's absolutely correct. That's also where you get like Elizabeth Holmes and Nicola and like, they just played the game totally wrong. I think in her mind, I genuinely believe she thought she was being a shrewd business person. And this is what they all do. Yeah. But Elizabeth Holmes's problem, like the biggest difference is, is that Elizabeth Holmes said her device did something it did not. Yeah. But whereas like, you know, Databricks can go out in the market and their numbers could be terrible. But he can sell a story on why he is going to be worth a trillion dollars. Okay. So then what's the legal way of what Elizabeth Holmes did? Because Elizabeth Holmes falsified tests, right? She knew the test didn't work. At least we, we believe that's why she's in jail. Yeah. That she knew the test weren't working. It was working with a medical, uh, that has medical ramifications. Yes. I think Newman knew his financials were, uh, bogus. But he was able to sell bogus financials, uh, just a bit dark, excluded rent. So that was, I know, but legal, but that's not fraud. I know. I think both people, in my opinion, I, and I don't know Elizabeth Holmes, I think both people use the strategy that, hey, let's inflate the truth. Reality will catch up. Yep. That's what I think the theory is or like the principle, and Elizabeth Holmes wasn't medically, medically related products. She wouldn't be in jail. Yeah. And I think in her mind, she genuinely thought we will solve this. And whatever. This is what everyone does. They all lie and pretend and have fake sales to fricken whatever company and book things and adjusty, but done, we're going to figure it out. And then I'm going to be a hero. I think she's an idiot, but I think that that was like her, she was taking a note from what she had seen. The real lesson is if you're going to play this game, just don't do it in the medical field. Just do it in regular business and you won't go to jail because do you know how many fraudulent tech companies they've been that the founders have taken hundreds and hundreds of millions of dollars a secondary and they're in Yellowstone Club and they're at, they're Tahoe House and they're in Ibiza. Yeah. And she's in jail. And I will say, I respect it. I think it's a different. This is like Adam Newman presented his financials and investors decided to believe a different story. That's it. That's very different. Look, everyone goes and goes public and try to companies. They report adjusted EBITDA. The investing market says, you know what? That adjustment I'm okay with. Some adjustments I don't like. This one I'm okay with. It also depends on the story. Like they'll they'll be blind to willfully blind to some adjustments if the story's good enough. And I think yeah, and I want to be clear. I don't think Elizabeth Holmes, I'm not saying Elizabeth Holmes, like, oh, she should be free. She didn't do anything. She's an idiot. And she doesn't know how to play the game and she went into fraud land. But I think that in her mind, she was probably thinking, this is what all the great, this is what all the billionaires do. You tell a great story. Reality will catch up eventually you eventually figure out. Not the machine. Yeah, because by the way, maybe if she had two more years, the stupid machine will burn. Maybe. No, because it sounds like fundamentally it wasn't doable and people should have sniffed that out. But like she thought it was, I'm sure. So what Vivek Ramaswamy made his money off of. It's legal. Yeah. Right? He had a phase two company, a drug for Alzheimer's that was phase two approved, that was approved by his mom. Yeah. And went public, sold it for a lot of money, phase three immediately failed. He made his money and that was totally legal. Yeah. And that was in the public trade market. Yeah. Sounds like a good president. Sounds like people say he doesn't have experience. That sounds like it's great. And that sounds to me like he knows how to play the game perfectly. Yeah. I agree. I just. But it is just discouraging because now like it's so easy to access the information to all these different stories like you could go on Twitter, you could go on YouTube and you discover how much Chicaner either really is in big business. And it's got to be discouraging for like a lot of people that are just working at a great job. I actually, that's why I think one of the downfalls of the internet is it actually brought too much transparency. And it's kind of like, you know, in the movies, like all these old school movies and we've talked about this where the CIA is trying to protect America. We don't want Joe public to know about the moon landing and the war in what's happening in Mexico and the war on drugs. We want to just protect them from all this. And I used to be like, when I watched that, I'm like, fucking cares. But now more and more, I actually appreciate that more like here. I think, you know, it's how we always say it. Life with the four channels, NBC, Fox, CBS, NBC. Yeah. American, you get to just be blissfully ignorant. Yes. I actually think for purposes of happiness and quality of life, blissfully ignorant is way better than access to like, like I actually think the biggest, it impacts children the most, especially like teenage children who, if you live in L.A. or you live in Colorado or you live in Texas and you're not happy with your situation. And then you see other kids in another city or another state living the same age as you. It looks like you and giving a completely different life than you. And you're like, fuck this. Yeah. Yeah. No, I mean, it's like you're the blissfully ignorant. If you think about even when we grew up in the Valley, if we saw like a 17 year old kid with the BMW, we'd be like, oh, shit, man, their family's rich. Good for them. Yeah. We never were like, oh, we need a BMW. Yeah. And that's not our access. We don't get to do that because 90% of what you saw was like Camry's and Corolla's. Right. Yeah. And as opposed to social media, every 16 year old, it looks like has a Lamborghini. Yeah. Exactly. You know what I'm saying? So you're like, I have a fucking BMW on broke. You know, like it's just, it's a numbers game of what you think. But I can tell you like very honestly, when I grew up, I didn't have any jealousy of the kid with the BMW. He was like, good for him. Their family can buy the BMW. Yeah. I had a friend with a Ford Explorer and I was like, damn, man, one day I'll be able to pick me up. Yeah. Yeah. But when it comes to like all this access to information, we're talking about the financial markets that, you know, like someone uncovered this, right, that this potentially could be an issue within Vidya and Corolla. It may not be, but the mere fact that there's a seed of dev. I'm sure it's driving someone crazy right now. Not only that, but like it's also teaching people that that's the way, like look, when we talk about the line between fraud and business, we're kind of half joking, half not, right? I would still say with everything I know, the way that I choose to grow and run a business is honest. You know, I'm not, I'm not playing any lines of fraud or whatever. Yep. And I do think that that's still like the right motivation for most people. There's a lot of people that now are just saying, like, like you watch the Adam Newman movie and documentary and you're like, okay, that's my inspiration. Yeah. He's a billionaire. Yeah. How are you going to tell me what he did was wrong? I would 100% think Adam Newman becomes a bigger legend amongst people that hear the story. Then like, oh, maybe there were some, you know, things he shouldn't have done. And I would argue SPF probably similar that people that are, yeah, don't understand the level of fraud. They're like, man, he almost got away with it. Well, right? They're like legal robbers. It's like everyone has a, has a fantasy of being different. Yeah. I think Adam Newman, he's a billionaire and he's living his life in some, the top VC firm in the world gave him more money. So like, I think, I think Adam Newman is like the American success story for the last decade for the youth. I really do. I mean, the guy who got to leave, I don't think it's just for the youth. I think for the world, he got to be a billionaire, leave, not even have a job to do anymore. And then start a new thing and raise more money. How is that not the ultimate success? Hundreds of millions of dollars. Yeah. He really? So if you're a kid or you're even like you said, not necessarily a kid, but why wouldn't you follow that blueprint? Yeah. What are you going to follow? Fucking Bob Iger trying to turn Disney around. Fuck off. Yeah. Which you can't even, wait, I can't even worry. Yeah. I'm sick. Do I want to be a tick tocker? Or do I want to be fucking LeBron James? Let me be, let me be Aiden Ross. Let me be Adam Newman. Why am I going to Aiden Ross making 40 million a year? Yeah. I'm going to be looking at kids, yeah, kids starting a business. I mean, like Adam Newman, I guess the role model, right? Yeah. Walk away with $2 billion cash, private planes, and then race. That's why I think it's all negative. You're either really jaded and bitter because of that of Newman's story or you're inspired by him. I don't know which one's worse, but he's worse. It sucks. It sucks is like a guy like Suck who actually created so much values, actually still working and he's the villain. Yeah. Well, now that he fights, he's maybe the fighting changed. We talked about that. We actually connected that last summer. It's actually one year ago when he was on Joe Rogan, I was like, oh, this is going to change his image. Yeah. Because think about it, he was the ultimate hero after social network and that movie was actually kind of made out to make him look questionable. Yeah. But around that time, he was like, okay, everyone wants to be Zuck. I think the key, the thing that people, I think where it always backfires, like media and entertainment wants to paint people as a villain and unfortunately, it usually backfires. The Donald Trump, I think the media wants the arc, so they want to treat you like a hero because Suck was a hero when he was a 21 year old whiz kid that created Facebook. And then he was the villain, then they wanted to bring him down. And now that he fights to Jiu Jitsu, but yeah, but that's not the media bringing him back. That's the people bringing him back. If you, if it's social media, it's completely social media bringing him back. The same thing with Donald Trump. If there was no social media and Donald Trump got arrested, he'd be toast, toast. Or even better if they didn't arrest him. And there was no social media. We weren't even talking about Donald Trump for so long. Yeah. And I think, I think like it, like it almost becomes like you start seeing these people be villainized. And then there's a cohort of people that are like, kind of cool, kind of like them. Like I'm sure like, you know, when you watch We crashed, there was a lot of endearing qualities about that. And it also kind of leads to the, to the fact that everyone's moral compass is pretty compromised. Yeah. Because if everyone thinks the Adam Neumann story is the right way to make money, which I think a lot of people do, and I'm not judging you for thinking like, Hey, I would love $2 billion. So I'm going to lie. Yeah. You're all just, I mean, it's not just the rent, the rent, the rent. And it's, I think humans are inherently just greedy. We all are. And it's easy to kind of look the other way when things and I'm not claiming to be a saint, but I'm just saying it's natural. It's also like a strange thing with money because especially right now, we live in a time when like being rich is sort of looked down upon, but everyone wants to be rich. And I think like Adam Neumann is kind of a story of like a vigilante a little bit. Yeah. You know, like he, he had his dream, he whatever, he got out, he's a billionaire, he walks around with no shoes on. He doesn't give a fuck. I want to be like that guy. Yeah. You look at like a old rich dude in a board meeting, you're like, that's the problem. I'm curious to see if you did like a poll that was anonymous. If that's actually the case, like majority of people are, are in favor of Adam Neumann. I actually don't think they are in favor of what to do that poll, but if I had to bet, I would say the majority of non business people like everyday people are, it's probably on the side of likable. Yeah, basically, I think the actual question is, would you rather have Adam's Neumann outcome today given the story that happened? Or what? I mean, probably the answer. Yes. Everyone's going to say yes. I mean, for him. Yeah, of course. How do you really get that outcome? Yeah. The only thing better is we work became everything he hoped, he's worth 40 billion instead, he's running the company. I mean, I don't know, walking around Hawaii barefoot with a couple billion and a war chest for your new idea. Pretty tough. And having the most competent investors in the world still backing you. Yeah. Pretty good life. Fucking, I'm inspired. Take it out. Take it out. Listen, I'm going to hop off. I'm going to adjust some even better. Yeah, it reminds you of Costa Goods. What time are the goods? Games are free. On the topic, we kind of mentioned Trump. So on that topic, Jared Kushner. So Jared Kushner famously, you know, raised what, two billion dollars from Saudi Arabia's sovereign wealth fund for his private equity, fund affinity. I've got a lot of news, you know, for obvious reasons is, you know, is he using his relationships from the White House to do personal business? I mean, yeah, obviously, but anyway, he's back in the news because he has done his first Israeli deal. Now is this a big deal because of the Saudi Arabia is Israeli connection? What's the film in on this? I think the real story here is that when you have corruption in plain sight, no one cares. What are you calling the corruption? The corruption is he was a senior advisor in the White House had deep ties with Saudi Arabia. They were making policy with Saudi Arabia while he was in office and he was the conduit. The messages have leaked while they were in office. Whatever policies and agreements, arms deals, purchasing a military equipment that were done, he leaves office and he gets two billion dollars from that party. Yep. I agree. And I just want you to clarify. I just, of course, I have to ask the question, do you think Hunter Biden is at corruption? So the problem is the big, the variance in this, but similar to like an Adam Newman versus Elizabeth Holmes is Hunter Biden did his dealings while his father was the vice president. Jared Kushner. It's not like Jared Kushner, I'm sure whatever made deals, but it happened out of office when his dad had left or his father and I had left and the world views that differently. That's the difference. But I'm also not in just answer the question, do you see the Hunter thing is, um, oh, yeah, no, the Hunter Biden thing is obviously, yeah, they're not just because I work, he woke, he woke, not like you're not getting invited to the meeting, dude, you're fucking, your key's not going to work. And I will say at least I'll just say my part is I don't even want to get into like who's worse. I just, I don't know. It's the fact that yeah, it's shady. But then also the current guy did it and then like it's just fucking crazy. Everyone's, it's just like, I don't understand how like common sense doesn't prevail. Like I know we all watch painkiller. Like how does the guy that is in the FDA that approves oxy cotton gets a job with Purdue former one year later? Yeah. How is that legal? Yeah, it happens all day. I know. I mean, it happens with every politician at both sides, Democrats or Republicans, they leave. They get on the private equity board circuit. It's just, it's, it's similar to like the financial markets. You have to know how to play the game and deliver the message, right? It's right. Like think about how big the, I think our annual budget and the government's $2 trillion. If you paid whoever the head of the FDA are that are approving all these drugs, you pay them five million a year. There's no bullshit going on. They're going to give you the objective view from their medical expertise. I mean, I've been saying this on local politicians that the mayor of L.A. should get paid $10 million. Oh, yeah. 100%. It's a massive economy. Yeah. And the governor of California and like that way, the governor, California is the fifth biggest or is it whatever top 10 biggest economy in the world. Yeah. And I don't get 250K. The thing that I don't get is everyone. So the pushback to that is like, no, they're public servants, they blah, blah, blah, right? I get it. And how about this? If you give them money, you're going to incentivize the wrong people and they're going to do it for the money, not for the whatever. Now, I think that's the dumbest thing I've ever heard. But here's the point I want to point out is either way, these idiots are spending money. So if you're an incompetent leader, you're just blowing through money, especially like local politicians, what you're doing for the homeless situation, what you're doing for the budgets for those things are insane. It's just that they have no checks and balances of its, if actually any results are actually happening. So either way, the money's getting spent. So why not spend a little more on the actual position, hold them accountable, and then you'll be able to spend way less on the actual implementation of the, like it makes no sense to me. It's so stupid. It's so stupid. It's so stupid. It's so stupid. FDA, right? They approved drugs and food, what are two things that every one in America consume every day? Food? And probably some sort of drug, regardless of their condition and whatever, and even Advil or whatever. Clareton. Yeah. How has that not taken more seriously? Because if you were to pay someone an FDA five million, eight million, whatever the number is, you're going to get the most qualified doctor. No, but you know what? You have to have to make sure we meet all diversity requirements also, sorry. Well, that's true. That's true. Yeah. We can't hire the most qualified person. But if you spend five, eight million, and you include diversity, we find, yeah, right. No, but don't you agree with that logic? So then what basically all the positions should just be Indians? Yeah. I'm fine with that. All the positions should be paid because I mean, I had to take it for like, if you watch pink, there's one guy that effectively costs hundreds of thousands of deaths in America, and it came very wealthy doing it. And he did it for like 400 K a year. Right. Was his fucking job at Purdue? It wasn't like, here's a $50 million pack. And the number of families that were affected are in the millions. And the drag on society and like, think about how many cops we used. How many hospitals beds were used? Tens of billions. Yeah. But think about the, yeah, I mean, the chain reaction of work that was missed families that were fucked up. Kids that will now be fucked up because their parents left early this, that like the chain reaction is so insane. And really that all happened for 400 grand a year. So what you're telling me is you could have just paid this guy 500 grand a year and you would have avoided all that. No. So I think it's not 500 grand. I literally think it's, and I'll give you the, the comp for this. And why I think it actually the best comp I've seen for where the position is paid equivalent to the importance of the job. It's probably one of the only places where I've actually seen the correlation NFL. Roger Goodell is paid a fuck load of money. Yep. He has 50, 60, 50, 60 million dollars and he has one interest only, which is the league. No, no other interest. He's hired by the owners, hired by the owners. So owners need their franchise values to appreciate. Yes. And they need league revenue to keep increasing. Yes. And so they're, they're interests are aligned, right? And so they're, and they're like, you know what Roger, you, we don't want you to like beef, siding with anybody else in this equation. Yep. So here's all the money you need. If we did that in a lot of these positions, like, you know, defense contracting and all these types of things, you're so much, whoever the person that hands out defense contracts, pay them 50 million a year. I'm okay with that. We know billions are getting pillaged in defense contracts. Like again, we know that, and we know that if you have the smartest people in these positions, you wouldn't have the waste we have. Yeah. Like, Deepak, who was on the pod, he's brilliant. If he was paid 10 million a year to approve drugs, guess what? Oxey's not getting approved. Yeah. No chance. And you couldn't buy his influence. Not even 10 million a year. That's the crazy thing is Purdue, with all the money in the world, they made billions off of that approval, and they got that all for 400 grand a year. That is the best deal they've ever done. Yeah, I heard the Peter Berg on Rogan, they said they think the family's worth like 15 to 20 billion. Yeah. You made 15 to 20 billion by paying one person. I know. I'm just saying for Purdue, I'm saying the businesses are the. The point is, is that like, I think it has to be a amount of money that allows you to think freely. That is what I think. Do you recommend, are you saying like a million a year? Are you saying way more? For something like FDA, if there is a board that approves, they should be uncorruptible. What dollar amount is that, that they have to get paid, that makes them uncorruptible? Well, it also doesn't mean the law, that you can never be hired by a private corporation in the same genre that you're in charge of approving. But you have to incentivize with the money. Yeah. So you're not going to get to tell the people. Here's two million bucks a year. So you have plenty. You don't need to complain that, oh, I needed a job. And one of the things you have to sign is that you could never be employed by someone in a business that you currently touch. Yeah. But like, think about it. How many people go into politics, leave, enter the private sector and make more money than they could ever imagine? I can't imagine what Paul Ryan's making right now. Paul Ryan, Obama, Clinton, Bush, everybody, Dick Cheney, every one of these people made so much more money. So yeah, of course, you can throw some favors along the way. Hey, don't worry. Black got you on the way back. It's like, but we don't like pay, you have to pay and this is why people will never happen. You have to be comfortable with someone making $50 million that works for the US government. I agree. They should. And the thing is is the NFL has come to that conclusion that you know what, we're all making money hand over fist. This guy has our back. You can make the argument he's underpaid at 50 to 60 million. Yeah. So lifestyle is so Roger Adele, the commissioner of that NFL, because each NFL franchise has probably appreciated two to three billion in the last decade. Yeah, they were not worth a billion. But who's someone in government that you would pay 50 million, just give me a name? I think whoever hands out defense contracts, all the people involved with that, I would pay them 50 million. You can think about how many trillions were spent on the war on the war, how many? So here's my point. Here's my point is we are okay. We sleep well at night knowing that eight in Ross makes close to that, and the guy approving defense contracts that fucking fuels wars and invasions and whatever. It's still money out of our citizens, because that's what's right, because he's a public servant. Yeah. And then he goes to work at Raytheon and we don't care. We're just like, oh, tax the rich. The United States spends $766 billion annually on defense. The sea. 50. Yeah, you should give him a, if he cuts it down to 100 million, that's what do you think Sothea makes? Yeah. He makes probably 100 million a year. Yeah. Give him 100 million and give him a bonus. He's executing on all cylinders. Yes. Give him a bonus package incentivized by a budget cut in video. He's making a billion dollars this year. It's ridiculous. It's so stupid. The thing is, we do it so that we sleep well at night and say they're not getting rich. They're just doing it for the public good, but then they go get rich anyway. Yeah. But you know, it's funny. It's like when we talk about how cheap it is to get these guys on your side. So whoever these people in defense, you take them to Lari's, spend $1,000, get a nice dollar. It's all more than that. That's like 40 years ago. You're doing. Okay. Fine. You're going to excess. You're getting a table hookers. It's like a lot. It's 25K. No, it's, it's in the six figures, six figures. You get a hundred billion dollar contract. Probably. Yeah. And then you blackmail them because you have the pictures. Yep. It's the whole thing. You give them the Coke, the girls. Yeah. Yeah. I got all this on camera. It looks like I'm getting this contract. Yep. I mean, actually, in the movie Pink Killer, they take the guy to a hotel room, they lock in there for four days when they leave the drug is approved. Yeah. Think about that as a single business move. You did that for years, right? Yep. You get to know with $400,000 a year and four days in a hotel room, you unlocked billions in revenue. Yeah. But we're over here like, no, don't pay him while he's at the FDA and he's a public server. I'm so comfortable with public officials that have enormous impact, be paid by performance and get unimaginably wealthy. Absolutely. Inspire the smartest people in the world to want to be in public service. 100%. You're not, think about, we all know we, we each have like large networks of friends. I have zero friends in public office and they're all really smart. Yeah. Do you guys? Yeah. Zero. Nobody would ever even consider it. De-fucking was in charge of like a park and a road for two months. It was out. You can't, it's a bad signal because I think we're all of the age where you should, you could be really impactful because you have enough experience. You could actually like do things and it's the same with honestly in medicine, university doctors are the ones doing the most cutting edge research on all various diseases. They're not paid shit. Yeah. Compared to a private doctor. So what's interesting is is we're a capitalist society. Yeah. And this one segment, public service, which is arguably the most important part of why this country works, we're not incentivizing the people that take those jobs. No. It's fucking so stupid. It's crazy. It's crazy. Yeah. It's crazy. We are incentivizing them to take those jobs. The system incentivizes them to take those jobs because of who they can benefit after. After, yeah. Because of what businesses they can benefit after. And so you're, they are incentivized. That's why people still take those jobs, but you're incentivized for literally the opposite thing that you should be incentivized by. Like imagine if schools were, um, bonuses were handed out to high schools based on graduation and entrance into jobs and colleges and like, there was like a metric there. Oh, look, if you graduate 100% of your students and they pass like a basic level exam, you got an extra million bucks for your school and it goes to the teachers. Every teacher gets an extra 2550K or something. That's what every teacher is going to be checking in with their kids at 5 p.m. Did you finish your homework? Yes. Yeah. I think about how much less you'd have to spend on fucking prisons, arresting people and fucking. Yeah. Oh, like if I drove through Beverly, okay, let's just say in a fake world, California was just thriving, homeless situation, crime, all down, just navigated perfectly through COVID, gosh, taxes are lower. When I drive through Beverly Park and see Gavin Newsom's house, fuck yeah, man. Good for him. Yeah, exactly. I'm happy. I think we celebrate success in America better than anyone. Like as much as there's jealousy, we also like damn, that's dope. They did something because his success makes so many other people successful. Yeah, I just, I think the, it's funny because we, like as a society, we look up to Elon and suck, name your next huge big tech founder and they live these lavish lives because they earned their money. Yeah. They're allowed to base those. Yeah. He's not, we're like, oh, that's so cool. He's on a $500 million dollar. Yeah. Yeah. Yeah. Yeah. Why aren't we celebrating? If we have that same vision for public servants. Yeah. Well, you get so much better results. It's just so crazy. And then the fact that it all comes down to tax the rich is just instead Gavin asked to hide that he's at French laundry. Yeah. Yeah. You're the governor of a seventh biggest economy in the world. You should be at French laundry. Yeah. Yeah. They should come to you. Do whatever the fuck you want. If you're doing a good job. It's not been. Yeah. Yeah. It's so wild. Okay. Well, that was fun. In a move that, like I said, I think we should be doing more stuff like this. It seems that China is very good at this. I don't think we are. China has banned iPhone use for government officials at work. I can only imagine over security, privacy concerns because obviously it's a US-based company. I think it seems to make total sense. We, on the other hand, who knows Biden probably has TikTok on his phone. That'd be really good. And the stock was down 5% on that news, which is 5% of almost $3 trillion company is north of $100 billion on the news. So it is impactful. It is big news. It does then put the doubt in people's mind that can you grow your business in China anymore if the government is now going to start cracking these things down. You know, it goes back to like, they are very focused on what they want and they execute. We can't ban. Yeah. We can't ban guns. There's no chance we're banning TikTok. Yeah. Think about China's. It's obviously a very obvious move. I'm shocked. It took him this long because if you do a Huawei phone, you get to track all your government officials. Why do you want them on Apple with encrypted software? Like, what are you doing, dude? It's a tracker. Yeah. I just man it. I don't know. Maybe there's something I don't know. Or maybe there's a reason why we're not concerned about it. But it just feels like we continue to miss the mark here. Yeah. Okay. Didn't we ban TikTok in a few states for government officials? Yeah. But I just used to believe that actually is like an effect. That one's probably on TikTok dancing away for sure he is, are you kidding? Okay. It is our Wednesday episode. So let's finish up with our winners, losers and content. Do you who's your biggest winner for the last week? So Wall Street Journal today released the top colleges according to their whatever standards there are. It was kind of really interesting. The rankings. So the top spot was Princeton followed by MIT, Yale, Stanford, Columbia, Harvard, Penn, Amherst, Claremont, McKenna and Babson. The top public university was University of Florida. What? So this is Josh, that makes no sense. Yeah. It is just absolutely mind boggling. Because it always used to be Virginia or Berkeley, yeah. So what's interesting is for public, yeah. So if you look at it, but here's some interesting data. This seems like Purdue, Princeton, I'm going to Florida, paint them up, got the documentary, I'm going to do it. Swamp King. Swamp King. You're looking at the average salaries of these students. So Princeton at a college is 82, MIT, 94, Yale is 66, Stanford, 79, Harvard, 65, U Penn, 85, Amherst, which is 8 is 51,000. You can't even pay for two months at Amherst with $51,000. I think the real interesting thing is even though this ranks Princeton, MIT, Yale, we as a system, those schools haven't done a good job of like branding in my opinion. Like, you know, like I think in the Northeast, like kids grow up and they want to go to Princeton and Yale. Like it's definitely like, it is one of the top schools that people talk about. In the West Coast, you don't hear like Princeton and Yale. You hear Stanford, obviously because of West Coast school, Harvard, and you hear a lot of Penn. Like a lot of LA kids go to Penn. But Princeton and Yale are not like, I feel like they're like weak on branding. Like Harvard's in the zeitgeist. Yeah, they're in the social network that helps. And all the movies. Yeah. Think about how many works. I mean, I wonder how much. Even my daymen go hunting. Yeah. Yeah. Hobbit. Hobbit. There's no Princeton or Yale movies. They're like, if I'm, if I'm Netflix, I'm paying Netflix to do something about my conscience. Yeah, sorry. If I'm one of these colleges, because like, it is worth just think about how upside down the math is. So you said like, it was like 80 to 90 K for the top five schools, roughly. Yeah. So after tax, effectively 50 grand a year, you're at a pocket, a quarter million. So you're underwater the first, well, you can't even serve us that you're probably underwater 15 years. Yeah. But most likely, the Harvard or pen case for, it's not even that, but in five years, they're making 10 X, sure, but five years, maybe not, but like, you know, I'm making 800, thousand five years that I call it the average person. I mean, sit it up paying summer interns 19,000, did you see how many they hire? How many? Not many. Well, they probably went to those schools. But the math is still upside down for your average person that's attending any of these universities. Yeah. That's any college. Yeah. Of course. I say any college. You know, this Princeton on your resume, long term earning, I mean, you're talking to Harvard Business School grads, none of them can get jobs. None of them, they can, they're just not making, not far from these salaries, which is wild because they already probably have debt from the first four years. Yeah. Then they worked, then they took loans out to go party for two years. Yeah. But their earning potential is very high. Earning potentials high, but there is, you know, real challenges. I'm just saying, just in the ranking, I'm here at Princeton. Do I know anyone that wants Princeton? I know one person. And very successful, flow space, he's raised a lot of money. Okay. Ben. Okay. So, Princeton, we know one Princeton. I think, I think you're right, though, D. I think you got to pick a famous alum and like, fund a movie about them, you know, like, oh, they went to Princeton, like that being a part of it. Like those Harvard scenes and social network, just because younger, when that came out, we're like, you know, they put it on a pedestal. No, I agree. Like, when you watch social network, even though I was so far removed from college, I was like, there's some magic that I missed out on. Yeah. I'm not being able to have it. I haven't. Okay. That's a good one. Who's your winner? My winner, it appears to be the kingdom of Saudi Arabia. So Lebron just posted the minister of culture and sport, and it's him, Lebron, Maverick Carter, just hanging out, feel like it's a signal of one of two things. I had the first opinion, like, they're just going to give a billion dollars to Lebron and Bronnie and come play the way they're like paying everyone. Yeah. She had the opinion, which I think is probably the more accurate one, because Lebron's getting the Vegas franchise in for NBA when every retirees. And maybe this is their way of getting Saudi money into backing that in the face. Yeah. Like, I think if Saudi Arabia just showed up and said, we want to buy an NBA team, I think there would be pushback. But if Lebron James showed up, Lebron can get whatever he wants done with NBA. Yeah. If he Lebron goes, hey, I want to do this in partnership with the kingdom. That seems like a very realistic. Yeah. And I think I don't think the problem with like, there's not like a basketball ecosystem in Saudi Arabia. Like, maybe there is soccer. Well, who's going to sleep? He's going to play again. Him and Bronnie just have a showcase. Just don't get on and fucking the shake all day. Like, it just doesn't work. They just pay him to just play in the backyard. We just want to watch the princess want to watch. I think you can get an NBA team with him and still do that. And it's just so fascinating because if you look at this, this minister of culture and governor and Saudi Arabia is clearly senior because every celebrity is posting. So it's the, the Saudi prince, Lebron and Maverick Carter, everyone saying, my brothers, like some of the most famous people, Swiss pizza. My brothers, everyone saying they're my brothers. Everyone wants to be on the Saudi's good side. Like the greatest free brand in marketing history, unreal, crazy, unreal. We went from like, people wanted to go to war with them to my brothers. My brothers, David Gretman, who runs all the Miami stuff, like love to see my brothers hanging out. Yeah. How's everyone brothers with this guy? That's a huge family. I, I just, it's so crazy to me. And it's also like Lebron is such a outspoken like social justice. You know, it's just like, ah, it's a million. It's so crazy. They turn that around so quick. It's, it's a Justin EBITDA. It's very adjusted. Adjusted fucking reputation. When was Khashoggi? How long ago? Eight years? Free pandemic. So 2018 probably, let me, that recent, isn't it? It was longer, right? Wow. Let me Google it real quick. I'm really curious because if it's only five years, that's pretty gnarly quick turn around. See, sorry. I mean, you guys don't know that Google 2018, I didn't know how to spoke to you 2018. Damn. Damn. That's wild. That's from like the bottom of the depths. Like these guys fucking chop up journalists to like my brother. That is every famous person's commenting on this post because they want the bag. Wait, wait, tell you get when I go out there and I get that post. Oh, that's amazing. I just people are. I just comment my brothers, maybe groups. Yeah. You're going to do it right after I get off. I'm going to superimpose myself in a picture with them. Yeah. Post it. Maybe they're having hotter than the Middle East and global business and in temperature. Yes. Both. Good point. It's not the hottest place. And with the franchise values increasing in American sports, there aren't that many people in America worth over 50 billion that could just buy $7 billion team. Just they don't exist. You can name them. Yeah. Maybe it's like the core weave founder, the Derrick founder, do you have to expand the way you're looking at capital that's going to be the sovereign funds? Yeah. That's good. Do you know what Princess could go by an $8 billion team more than one? I mean, the whole family should get a team. Why not? We just need, I can't wait till Saudi flags are all over America. It's coming. I said they should buy San Francisco. Yeah. We talked about it. Yeah. Make it Saudi. Yeah. A province. Flip that thing around. If they did that in five years, think of what they could do. How quick they could turn around San Francisco. San Francisco can be popping by Christmas. Yeah. Saudi's sticking over. Yes. Um, my winner, you know, I, we already talked about this. So I'll be quick. But when I was looking at my stuff, the thing that I kept seeing was I still got to give it to frickin Dylan Danis, man, he's just his rampage against Logan Paul has not stopped. It's unrelenting. And I just want to say, I made Javier watch the video that lead because I was like, I heard what was leaked. Yeah. I was like, I'm not going to watch it. Javier. He's like, oh, it was really bad. Yeah. I just, I think this is probably the biggest mistake Logan Paul has ever made. Yeah. I agree. And I think he's, look, those brothers are really smart. But even him and Jake bickering at each other, it seems like it's the first time where it doesn't seem calculated like everything else they've done is always like so programmatically done. Yeah. It, this feels like a miss. It's a big miss. I think it's hard, man. I think it's hard to keep drumming up the circus every, you know, a few times a year, you're going to have a misfire. But I think this was a terrible misfire. Yeah. I agree. Okay. Who's your loser D? Man, I am, my loser's definitely California and specifically LA, the amount, obviously, I talked to a lot of retailers. I talked to a lot of retailers that do business in California. There are like, like we're in discussions with retailers who are like counting their inventory to work with us and they say, hey, we're going to, we're a little delay. We're having a lot of smash and crabs. Yeah. Yeah. Like, it's wild. Everybody is getting fucking robbed. Yeah. It's also just not getting like, I think it's happening way more than is in the media. Oh, yeah. I think it's basically stopped being reported. And there's other, these new laws that are being proposed to make it even more relaxed. What was the one that was circulating yesterday? Something in regards to, if you, if you attack someone stealing something, you will be punished. Right. So they don't want the retaliation. It's so important. Good Samaritan. Yeah. It's literally like someone's like, how could we destroy Los Angeles or California? Yes. Oh, what if we put these exact policies? I think it would probably go to complete. Yeah, because like, we're on, we're teetering on a very dangerous slope where like, if these politicians locally do not make changes quickly, it's a, it's a banana republic. This is fucking joke. What's happening at these stores? Yeah. San Francisco. It's like 20, 30 people at a time just stealing. Yeah. I mean, these stores are just going to start just get it. They either will shut down because it doesn't make sense to do business here anymore, which is what happened in San Francisco. Yeah. Or businesses just basically have to hire like, their local mercenaries. Like, hey, on the braya, we're going to go hire a private security to troll the streets. But what are they allowed to do things that cops aren't? So Beverly Hills, if you earn Beverly Hills, it's riddled with private security now. Yeah. And there's still getting hit. You're stealing shit. Yeah. That's true. But I feel like it's calm down. I mean, if you had like a 5 p.m. dinner at Frida on South Beverly Drive in the Black Street, there's armed guards walking all day all day. So what are they able to do? Do they have the license to make sure the guy can't run away off the smashing ground? I think they, that the cops don't fear potentially determined, yeah. I don't think you can, maybe they still can't like run and tackle someone like a cop could for robbing, but like, if they held a gun, you know, at someone, I think that they could defend. Like, I think it's legal. I who the fuck knows in California. But I think it's legal. If someone's pointing a gun at someone, you can shoot that person to preserve right. So I think it just deters like, okay, I have this gun. I was going to put it in this lady's face and steal all the jewelry. But like, this guy's going to shoot me. Yeah. I think. Yeah. It's wild. It's just, it's so nuts. It's just, what else gets me is like, it seems like extreme people keep getting kind of voted in and like supported and like, you know, it hasn't turned yet. Like the people haven't spoke. So do you think if you call or be called or nothing in the who we voted in in Los Angeles, it lends to believe this. But do you think a majority of people in Los Angeles and call it broadly California would say, hey, if someone were to steal $500 from Walgreens, we've got to just let them go. Do you think that's the majority? I think it might have been the majority like in 2020, but I don't think it is anymore because now they've seen what it leads to. It's really easy to be like, yeah, you know, who cares? Well, you don't see that that quickly snowballs into 50 people running into a Gucci store and like trampling over. Yeah. I think it's people. It's out of towners at this point that just show up to California and like, hey, why wouldn't you? It's a free for all. That's what they're doing in the PPP stuff. Yeah. They just showed up. Yeah. Come get your 900 bucks. They're back. They're back. It's kind of like basically all the people that went from Web 3 to AI. Yeah. It's the same people. Yeah. The PPP fraudsters are now just coming here and organizing, but it's a little physically more taxing than just stalking the mailman and getting your PPP check. Yeah. Yeah. I mean, why wouldn't you always? It's a little exercise. There was a TikTok video. I don't know if you saw. I have like a, I've got POV of planning a flash mob stealing. That's so good. And he's like, look, everybody, Jason, you know, you got the Gucci that's over $795. $950 is the number. That's so good. Oh, man. Okay. Adam, who's your loser? My loser is ESPN. So they still haven't come to deal with Charter, which is Spectrum, which is affecting me. D. A lot of different people in our friend group and I think it's 15 million subscribers across the country. Yeah. So I have no access to ESPN. So my morning routine, I wake up. I do some exercise while first takes on. Yeah. Can't do it anymore. US opens on all day all night, can't watch that college football all weekend, couldn't watch that on ESPN. Monday night football starts in five days and it won't be available for anyone who has Spectrum. Yeah. And they're holding on to this legacy business that they can keep extracting value from the cable companies. The cable companies are just staring them in the face and saying like, it's not worth it. Yeah. Yeah. That's a good loser. Yeah. I think this is going to have a lot of you to finding business not accepting it and you have to restructure the way your business works. Yeah. It's similar to how brick and mortar retailers that were too slow to do e-commerce. I'm full panic mode for the weekend. You should be. It's not going to be solved for sports. Yeah. Can you do the app, can you do the ESPN app or no? But ESPN plus doesn't have all the like, it's a good question. I do pay for ESPN plus. I don't know. I watch it for fights and stuff, but I don't know how it is with like just watching. But it's also I think sports fans in general this year are going to be so disappointed. So YouTube has the NFL rights and if you subscribe, our friend Mikey told this, if you subscribe to the NFL ticket on YouTube and you likely probably are going to eliminate like your cable you're watching YouTube. So you don't have cable. You don't have cable or even if you do have cable, it blocks the NFL on Fox and CBS on Fox, if it's a blackout. So you can't watch it on YouTube TV, so you've got to be keep switching back and forth between YouTube and your regular TV if you want to watch both games. It's a disaster and the latency is going to be so bad on YouTube because they're like seven to eight seconds delayed. So fantasy and gambling, they're like the biggest driver of the NFL. It's going to be a situation where we see on our app a touchdown scored by whatever player you have and you're like eight seconds delayed while you're watching on TV. So it's going to ruin the experience. Yeah. Yeah, it's a cluster. Fuck. I mean, I feel like we're just in that period right where like it's sorting itself out hopefully to like a new normal, but there's still a little bit of everything. Yeah. Okay. Love it. What are we on losers? I mean, I don't know. My loser is the Democrats. I mean, which I consider myself one and I wish we were better, but like I see all this Trump news and indictments and oh my god, he's so guilty of mobile and then it's like poll numbers are up. Like they're just like doing the best marketing campaign for this dude ever and it makes total sense and I wish they weren't so fucking bad at it. That's all. Yep. We agree with that. That's what I got. Well, content. We're going into the weekend. Well, you know, we will be in a couple days. What should everyone check out for the end of the week? Well, I definitely can't watch anything because the only thing I care about is college football and I don't have fucking ESPN and all the big games are on ESPN this weekend. So fuck that. Yeah. Coach Prime on ESPN. I'm sure now they will be. I think these are Fox. I think these Fox. That's what I saw that all Colorado or yeah, because they went, they lead into, yeah, they have a pack 12 deal. So at least Coach Prime is safe. So I can't watch that. I am, and I mentioned this on the last episode and I'm now making it like mandatory listening for everyone that goes, the Costco acquired podcast is just the greatest thing I've ever heard in my life. It's, it's very applicable to what, you know, we all do in retail. It's so good. It's just listen to it like it, like it is blown my mind. It's like making me change the way I do business. It's great. Awesome. Okay. I just added it. Okay. Love it. That's a good one. Aaron. I mean, the NFL is starting on Thursday. I think if you're an American citizen, you don't catch one quarter of the NFL this weekend. You should lose your citizen, June. Okay. So you're saying deport. Yeah. Yeah. One quarter. You'd have to watch a whole game. That's fair. Yeah. I agree. No, no complaints there. Mine. I don't know if you guys have watched this. Maybe you talked about it on one of the episodes I wasn't on. It's right up to you guys. Allie, have you watched winning time on HBO? It's the greatest show ever, the greatest show ever. Pretty good. It's fraudulent though. Nope. It is absolutely real. He embellished all the stories. Oh, is that the first time that ever happened? What do you knew here? You're new in America. I'll give you an example. What do you have? They portrayed Jerry West as like a drunk in the show. Yeah. And he could have a couple cocktails. I've seen him on the patio. He seems pretty put together. Doesn't mean he's not wasted. That's your complaint that they portrayed Jerry West is drinking too much. I think they took a little creative liberty on portraying what was going on. I think they underdid it. They showed magic sex life. I just, I think it was, I think things in the locker room. I agree with that. Much more ramped up. Yeah. And probably crazy with drugs. Even like the fights in the locker room are like the disagreements. I just, I think it was probably through the roof. Yeah. Had that come on your radar? Because it's been out for a while. Well, season two just came out. Season two just came out. It came up on my thing. I was like, oh, this is good. I haven't even heard of this. And then I started watching season one. Acting is unbelievable. I watched two episodes and turned it off. You went on the really funny thing. You really are an idiot for doing that because you're actually a Laker fan. Yeah. It's unbelievable show. Yeah, I thought of you guys instantly because you guys grew up here. Like it was part of that. For me, it was still a little foreign, but it was still great. No, it's like, you know, it's inconvenient. Your team was a bunch of, it was a train wreck. They're a train wreck. Yeah. And doesn't want to believe that they were a mess. I get it. I like hearing the stories from people from that era, like kind of leak little rumors about what was going on then. And then you can use your own mind to show it to me. Show it to me. And do it with Adrian Brody. Great. Let Adrian show me. I, you know what's funny, funny story is in back in, I don't know, the days when we were like riding hoverboards around and going to hide all the time. The kid that was with us all the time is fricking Devon Nixon, who's in the thing. Yeah. Nor Nixon. Yeah. He's a, he's a, he's a, do you say gal? Yeah. Yeah. All the time. And I remember being like on his dad is like old Lakers. I didn't know. I don't know shit about basketball. And then I looked at him. I looked familiar. It's him. You know, it's funny because I played basketball with them at the YMCA in Porter Ranch when I was in high school. Wow. Yeah. Every summer. And then he must be much younger. He's around my age. He's 40. Okay. Oh, he's, I'm turning 40. He looks so young in this show. Yeah. So I used to play with him every, like we're just play pickup. And when I come home from college for the summer, I'd go every day and play and he would be part of the group and we'd all play fast forward, maybe 10 years from then. We're at a party and he recognizes me from playing in the valley. Maybe it was seven years after whatever. But it's been a while. And I mean, this group of like a lot of our friends, AJ, Jada, like, it's like that group of friends. And he be lines over to me to say hi. Very nice guy. And he goes, this motherfucker can hoop. Wow. You look like it. You think just because he's an Indian kid that he can't do. And I was like, oh, my God. You were a paid for that. I was a paid like a cameo. You should hit him up. You remember me? He remembers me. I knew. He's mad. He's Johnson, right? No, he's no show. He's no addiction. He plays his dad. Oh, he's not makes okay. Anyway, great show. I, you know, like I said, getting validated of my hoops career from a Lakers son was very nice. You should ask him to film that. He's the only Indian he's ever seen play basketball. And he's like, this guy's fucking good. I've never even seen this happen. I, you should have had that on video. I, it was great. I mean, like I said, I knew you guys would love it. Well, D, I guess you loved it on and not so much because it's so like L.A. Legacy, you know? Yeah. I'll give season two a shot. It's so good. You should watch the first season. It's really good. It's incredible. It's really good. Yeah. Yeah. Okay. All right. That's all we got. Any shout outs? No, right? No shout outs. I love it. Everyone have a great rest of your week, great weekend. Um, you heard on and. Watch a quarter of football or get the fuck out. Yeah. America will build that wall. All right. See you guys later.