May 9, 2025
Episode 96: Ideas
We talk about future ideas for our podcast.
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Welcome back to another episode
of Record My Father.
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Today we're going to be talking
about ideas coming up and future
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episodes maybe.
Maybe future episodes ideas,
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future episode ideas, or more
so, how to come up with ideas.
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I remember one time when I was,
I think in high school, coming
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up with ideas for this artistic
portfolio that we needed to
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finish by the end of the year.
It was 12 pieces.
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And I remember looking up
different ways to come up with
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ideas.
And apparently the
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neuroplasticity in your brain is
exercised.
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If you force yourself to write
down 4 new things that you've
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never thought of each day, and
you keep doing that, you're
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doing that and it actually kind
of increases your creative,
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expansive mind.
I don't know, look that up.
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It was a YouTube video.
What do you think?
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I I'm trying to write down 4
things so I know what I can
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think about.
Yeah, we're going forward.
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We got some advice from my a
confidante of mine known as my
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significant other.
And she was talking about how
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maybe the original experience of
escaping poverty might be a good
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one.
I mean, because that's, that's
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something that you.
Yeah, well, I mean a lot of
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people.
It's it's really odd.
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It's really odd.
And I and, and I said it, I
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actually wrote it down and I
wrote it down to my mother's
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eulogy when I said we were poor,
What was it?
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It was really an interesting
thing the way I had it.
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I forgot what it said.
What was it?
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I never knew we were poor until
we weren't.
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Yeah, you know what I mean?
It's very strange if you live in
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a a community of people that you
know and you know, you're
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whatever the houses are
checkerboard houses, projects.
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You know, it wasn't really, but
we were not in the projects.
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We were we were one step out of
row houses.
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You know, if you think about you
wouldn't know Archie Bunker, but
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older people listen, would know
the Archer bunker houses.
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That's what we kind of grew up
in.
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If you look back at one of our
episodes, you get of oversight
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picture of where our house and
when it flooded and when we left
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and why I support charity.
One of the reasons I support
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charity is today.
And we didn't, you know, we we
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had less and we work with it.
And I mean, people would mess
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with you because they had, you
know, you wore Levi's and I wore
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Wranglers or you had Chuck
Taylor's and I had which these
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tennis shoes or you had a
members only jacket.
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That was like the coolest thing
in the world to have in high
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school.
And we couldn't afford that
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stuff.
And even when I worked, I
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wouldn't buy it because it would
have been, it would have been to
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me something that was it was
something that was here today
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and it was gone in the not too
distant future.
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Whereas if I put money in the
bank and I could actually save
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to do something that I would
feel would be lasting, I think.
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Well, I thought you also had an
individual experience with your
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parents because they always
endorsed for your college.
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Oh yeah, yeah.
They were like a financial plan
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for that necessarily 0 But they
they said you're, you're going
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to do it whether you like it or
not and.
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Yeah, only stupid people are
going to college.
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They were very they were the
smartest people in the in the
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neighborhood that they lived in,
which, you know, it's like after
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I got out of that and after I
looked back, I was just like,
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well, if you were so smart, why
didn't you do better?
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You know, that's that's how
messed up there was a you know,
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is a lot of psychological stuff
that was going on there that
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kind of messed it all up, you
know, and I.
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Think that that's kind of an
interesting idea, is overcoming
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the the mental anguish that you
did.
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Yeah, 'cause I think that I
don't.
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Think I'm a little sick?
I think I still have it, you
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know?
What about you overcoming
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poverty?
I never did.
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I was basically given the golden
spoon my entire life and I've
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always been very, at least I
acknowledge my privilege.
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I think so to some degree.
I understand that I wake up and
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I have opportunities that nobody
else has in the entire world.
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Maybe some in, maybe some in the
US, but also in Oman where they
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pump millions of gallons of oil
out of the girth each day.
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That's a level of wealth that
we'll never understand.
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But I, I definitely identify
with the opportunities that I've
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been given through your hard
work.
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And I, I, I think it's funny too
that we consider the other day I
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looked at Forbes and there was
this cover.
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It says Kylie Jenner first made
or self-made made billionaire.
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And I, I have to tell you that
when, when the this podcast
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makes $1 trillion because we're
going to be trillionaires off
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this podcast.
I'll tell you that much.
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Well, I was never self-made.
I, I, I don't see how I could
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identify as that so selfishly
and so and look in the mirror
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and not laugh at myself for
saying that I built my whole
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life from the ground up from
nothing.
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I think that that's hilarious
that she said that like and I, I
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don't.
It's, it's, it's incredibly
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self-centered, I would think.
I mean, I, I didn't do what I
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did, I didn't do on my own.
I, I didn't, I, I happened to
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Trump through life and trip over
things and recognize them.
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I think I was given opportunity
because I worked for certain
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things and I, I had a certain
level of integrity that frankly,
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a lot of people don't have, you
know, Well, I think you had a.
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Partner too that was willing to
help you through thick and thin.
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A lovely woman.
Both.
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Are you talking about mom?
Called my mom.
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Yeah, yeah, yeah.
OK.
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I was talking about my first
business partner was the same
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way him and I were.
Like I was talking about mom,
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but yeah, we.
Were married.
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We were, I mean, for all intents
and purposes, we were married
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for like 18 years.
You know, it was very anything,
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anything you need.
What do you need?
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What we what you know, that was
that there was no and there was
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no like worry about anything
ever not being taken care of
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when I wasn't there it.
And yeah, I mean the beginning.
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It's your own little psycho that
they can't do it without me.
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And in reality they can and you
can do it without them.
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And that that, you know, it's,
it's a hard thing to let go of
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that, but.
I think you still can't negate
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the the supportive spouse
though.
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I think you can't do that, yeah.
Yeah, there was just so many,
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many, many things that that she
allowed me to put the business
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first.
Almost always, you know, you
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just can't go.
I got to go to a show, can't do
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this.
I got to go to a show, can't do
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this.
I got to do a speech, can't do
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this.
I got to do that.
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What are you doing?
What are you doing?
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And then we got into calendars
and we would try to sync
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calendars.
So everything was, you know, but
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I mean, when you came along, I,
I, luckily I was in the throes
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of retirement for the for the
first few years.
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So there, there wasn't anything
to, you know, what are you
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doing?
I'm going to Zach's school.
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Oh, OK.
What are you doing?
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Was still working though when I
was 5 right?
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Yeah, or like 4.
Yeah, probably four or five up
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until 5:00.
That's when I come home, yeah.
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Yeah, that's when I quit smoking
because you found the Marlboros
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in my truck.
Who?
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Whose are these?
Somebody must have left them
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there.
And then I was like, I can't, I
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can't hide and lie to my kid
anymore.
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This is ain't.
Gonna change I'm glad I didn't
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find the the crack you know I
would have been I would have
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been a tough explanation would
have been a really tough
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explanation I.
Usually always smoke my all my
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rocks as soon as I bought on
them.
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I did not.
I didn't.
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I didn't like stuff them
somewhere for later that's.
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Why we never had the TV 'cause
you kept pawning the TV all the
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time and then you have to go get
it back.
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Mom will go get it back and, and
things like that.
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But no, nonetheless, that was an
idea.
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And then also financial planning
for the future for young people
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was another idea that somebody
told me about and.
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Oh, I love that you.
Have a level of knowledge of
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financial planning that not a
lot of people have and also I
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think we've talked about.
It seems so.
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The thing is so silly to me and
you know, and, and, and I and
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even even a lot of my friends
are not and, and I have a
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business degree.
I'm not like Mr. Advanced
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Financial, CFACF, whatever the
hell it is, certified financial
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planner or not, none of that
stuff.
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But I know enough about it.
I've seen the markets and I've
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seen what people do and how they
get, you know, screwed by the
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Merrill Lynch's and the Goldman
Sachs and the Morgan Stanley's
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and the JP Morgan's and all them
when they manage your money and
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for a 1% fee plus, you know,
some percentage and that, you
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know, you, you, you, you earn
half of what the market does
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when all you have to really do.
And, and I think The thing is,
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is people are frightened that
somehow if they put it in a
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professional's hands that it's
going to be taken care of and
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it's going to do better than if
they just put it into a fund
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that mimics the market and leave
it there and just let it go just
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everyday.
And no one touches it.
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No one manages it and just
grows.
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And, and 'cause I, I have tried
those money managers and you've
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seen it over and over and over
again.
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They lose, they lose over time,
they always lose.
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And when and when someone, and
here's The thing is, is their
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goal, it's not to beat the
market, it's to meet the market.
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And you're thinking like, well,
so, so your goal is to do as
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good as me putting my money in a
fund that that that that's just
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going to mimic the market.
And it's like, why would that
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be, you know?
To that extent, too, it was
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funny.
There's this guy named Martin
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Shkreli who got in trouble for
insider trading years ago and
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misleading investors, and he's
in prison for a long time.
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But there was a phone call
'cause he used to do this online
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Internet show and this guy calls
in.
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He's a young guy.
I think he got lucky either on
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the stock market or was from
inheritance.
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And he had about like 150, two,
$100,000.
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And he calls Martin Scarrelli
and he's like, So what would you
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do?
Like, how would you set up a
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portfolio?
He's like, well, that's just not
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enough money to start.
That's not enough money to even
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get close to invest in the stock
market.
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You shouldn't even be concerned
about that.
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You should be concerned about
starting your own business.
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And I find that interesting too,
because if he, I think this was
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around like 2008, if that guy
with the the inheritance or
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however he met the money found
something that he trusted in.
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And then I don't know why these
people make it seem like it's
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such a foreign kind of idea.
The stock market, they make it
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seem overcomplicated and they
make it.
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And they also diminish people
that try to do it at an entry
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level place as well because they
think that there's so much
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smarter and there's such a level
of elitism in this kind of
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stage.
And if you actually just
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understood that you took a
company and you said, OK, where
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will it be in five to 10 years
to have you trusted it your
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entire life?
Do you believe in it?
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Do you think it will exist?
And then you invest, I don't
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know, a certain amount of money
that you don't need to be
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liquidated in that company.
Chances are they all do pretty
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fucking well.
Chances are right.
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That's it.
And it's really that simple.
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And a lot of people don't see
that because of the gatekeepers
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out there.
And I think that they're, well,
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the gatekeepers are all.
Going to say that they're,
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they're, they're worried that
you don't have professional
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advice and you don't have
analysts and we research
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everything and we do all this
kind of stuff like that.
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But though, though, if, if I
consistently beat the market
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over time, that means that I
beat something that's random.
225
00:12:02,680 --> 00:12:09,280
And I mean, if the randomness
beats me over time, which it
226
00:12:09,280 --> 00:12:13,320
does, why would I, why would I?
Hey you.
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And that's usually the thing
they usually will compute what
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00:12:15,680 --> 00:12:20,200
they're, what they're, what
they've made before their fees,
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which jacks it up by 1 or 2%,
you know, which is kind of, I
230
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mean, that's another thing that
comes up.
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00:12:25,920 --> 00:12:28,360
We made 8.8 point percent last
year and it's like, well, the
232
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market went up 22.
I mean, last year was sort of
233
00:12:31,560 --> 00:12:35,000
the nail in the coffin for my,
my latest financial advisor
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00:12:35,000 --> 00:12:39,120
because I'd given them, I
usually give a chunk of money to
235
00:12:39,120 --> 00:12:41,440
people every so often to see if
they can do something better
236
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than what I'm doing.
And they didn't.
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Sure.
And what does that mean?
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00:12:44,880 --> 00:12:48,880
I try what, what is, you know,
the market went up 28% last
239
00:12:48,880 --> 00:12:49,240
year.
Why?
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00:12:49,440 --> 00:12:53,440
You know, we didn't get 28%.
Well, well, no, we only got, we,
241
00:12:53,440 --> 00:12:56,360
we got 9.
And it's like, well, I just put
242
00:12:56,360 --> 00:13:00,440
my money in, you know, the
Vanguard, whatever the, the
243
00:13:00,440 --> 00:13:06,160
Russell 2000 and it was up 34%.
So that means all the money I
244
00:13:06,160 --> 00:13:10,200
put in went up 1/3.
It's like, holy crap.
245
00:13:10,640 --> 00:13:14,760
Wealth managers for me are under
the same occupation as used car
246
00:13:14,760 --> 00:13:18,320
salesman, car salesman and then
realtor.
247
00:13:18,800 --> 00:13:20,440
I would agree.
I would agree with that, which
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00:13:20,480 --> 00:13:23,680
is somehow in this society that
we live in, specifically in
249
00:13:23,680 --> 00:13:28,720
America, we've let snake oil
salesman have actual jobs and I
250
00:13:28,720 --> 00:13:32,520
don't understand how we see them
do that.
251
00:13:32,520 --> 00:13:35,320
I don't understand how we it's.
Very easy.
252
00:13:35,320 --> 00:13:40,240
It's, it's a financial market
that grew from, you did not see
253
00:13:40,240 --> 00:13:45,280
the proliferation of advisors
until like the mid 80s.
254
00:13:45,280 --> 00:13:48,480
And then it just sort of blew up
with the whole people can't
255
00:13:48,480 --> 00:13:50,640
manage their own money 'cause
they would put their own wealth
256
00:13:50,640 --> 00:13:52,080
and they wouldn't put it in the
stock market.
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00:13:52,080 --> 00:13:54,080
And everybody's trying to pull
them in the stock market cause
258
00:13:54,080 --> 00:13:57,120
stock market was doing, you
know, 1012% and they were all
259
00:13:57,120 --> 00:14:03,200
had most people I guess up into
the 50s and 60s and 70s had
260
00:14:03,760 --> 00:14:08,320
defined benefit.
What do you call them plans?
261
00:14:08,800 --> 00:14:12,240
So when they retired, they were
going to, you were going to get
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00:14:12,240 --> 00:14:14,640
a, an X dollar amount per you
weren't going to.
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00:14:14,640 --> 00:14:18,520
And then all of a sudden the
four O 1K thing came in, which
264
00:14:18,520 --> 00:14:22,640
is defined contribution plan.
So this means that you saving
265
00:14:22,640 --> 00:14:26,040
for the future have to decide
what you're going to do with the
266
00:14:26,040 --> 00:14:27,360
money.
And you put it in and you have
267
00:14:27,360 --> 00:14:30,040
a, a list of funds that are at
the company level.
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00:14:30,440 --> 00:14:31,840
And then there there you have
it.
269
00:14:31,840 --> 00:14:35,600
You have the individual walking
in and people are frightened to
270
00:14:35,600 --> 00:14:41,440
plan their financial future and
it's they think that there are
271
00:14:41,440 --> 00:14:44,000
other people that know how to do
it better than them.
272
00:14:44,520 --> 00:14:48,920
And unfortunately those people
are actually planning their own
273
00:14:48,960 --> 00:14:52,560
personal financial future.
Provide, you know, with a piece
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00:14:52,560 --> 00:14:54,920
of what they make off of what
you give them.
275
00:14:55,600 --> 00:15:01,520
And that is, you know, I mean,
in a true perfect world, if I
276
00:15:01,520 --> 00:15:06,160
was a, if I was a wonderful
financial planner or financial
277
00:15:06,720 --> 00:15:13,240
wealth person, I, you would give
me $1000 and I would say, OK,
278
00:15:16,760 --> 00:15:19,080
I'm not going to charge you a
management fee of 1% or a half
279
00:15:19,080 --> 00:15:20,560
percent because that's what a
lot of people do.
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00:15:21,160 --> 00:15:22,640
Which what does that mean?
I don't know.
281
00:15:22,640 --> 00:15:23,560
You're not really doing
anything.
282
00:15:23,560 --> 00:15:26,280
You take money, you put in the
stock market and then you get a
283
00:15:26,280 --> 00:15:30,120
piece, you get like usually 20
to 50% of whatever the upside
284
00:15:30,120 --> 00:15:31,520
is.
Sometimes they'll have, or
285
00:15:31,520 --> 00:15:35,880
they'll have a fixed 1% or 2% or
5% or whatever of the upside.
286
00:15:36,400 --> 00:15:42,800
So, so when I look at them, I'm
like, you know, that's, there's
287
00:15:42,800 --> 00:15:44,720
an, they'll say we'll see if you
get a percentage.
288
00:15:44,720 --> 00:15:46,440
Then there's an, there's an
incentive to grow.
289
00:15:46,440 --> 00:15:50,440
And it's like, well, if I give
you $1,000,000 and you grow it
290
00:15:50,440 --> 00:15:53,840
by 10,000, I mean, I'm, you
know, and it could have grown it
291
00:15:53,840 --> 00:16:01,080
by 300,000.
Well, you still got your, your
292
00:16:01,080 --> 00:16:05,400
$10,000 fee and it's like, well,
you didn't really earn it.
293
00:16:05,400 --> 00:16:08,960
You, you got hammered.
You're not, you're not.
294
00:16:08,960 --> 00:16:11,440
If you can't beat the market,
then why wouldn't you?
295
00:16:11,440 --> 00:16:15,440
Just why would, why shouldn't I
put my money just in?
296
00:16:15,440 --> 00:16:18,520
And when I say the market, I'm
saying an index fund that
297
00:16:19,040 --> 00:16:20,680
Vanguard has them, Fidelity has
them.
298
00:16:20,680 --> 00:16:22,440
They all, all the different
funds have them.
299
00:16:22,440 --> 00:16:29,880
They charge a .75 or a .65
percentage to, to invest in that
300
00:16:30,240 --> 00:16:32,760
or ETFs.
You can buy and sell them and
301
00:16:32,760 --> 00:16:35,400
trade them, which is exchange
traded fund.
302
00:16:36,840 --> 00:16:40,360
And they traded at a price and
that's a price of 1 stock or
303
00:16:40,360 --> 00:16:44,200
basket of stocks representing
the Fortune or the, you know,
304
00:16:44,200 --> 00:16:49,080
the Russell 2000 or the Fortune
500 or the Fortune 1000 or the
305
00:16:49,080 --> 00:16:52,240
S&P 500 or you know, there's all
sorts of different baskets.
306
00:16:52,640 --> 00:16:59,040
And that's a, a microcosm of
what, what the market is.
307
00:16:59,720 --> 00:17:05,520
And since 19, whenever that,
that that has been around the
308
00:17:05,560 --> 00:17:08,599
average rate, I think it's like
8 or 9%.
309
00:17:08,880 --> 00:17:10,880
So if you put your money, you
throw it in the market, you put
310
00:17:10,880 --> 00:17:13,359
in an index fund, you leave it,
you're going to get 8 or 9% a
311
00:17:13,359 --> 00:17:14,400
year.
You're not going to get it
312
00:17:14,400 --> 00:17:15,480
consistently.
You're going to get, you're
313
00:17:15,480 --> 00:17:17,400
going to get 34% this year.
You're going to get, you're
314
00:17:17,400 --> 00:17:19,800
going to get a -10% next year.
You're going to get, you're
315
00:17:19,800 --> 00:17:22,960
probably going to get -10% this
year, it's already got down 8%.
316
00:17:23,440 --> 00:17:25,800
So those are the kind of things
that you're going to have to
317
00:17:25,800 --> 00:17:29,800
live through.
And I think that people feel
318
00:17:29,800 --> 00:17:33,760
that, that people that have
analysts behind him and a big
319
00:17:33,760 --> 00:17:36,800
name like a Merrill Lynch or JP,
what everybody else does, you
320
00:17:36,800 --> 00:17:43,000
know, when it's those, they were
not those huge, huge amounts of
321
00:17:43,000 --> 00:17:44,600
money coming into them and
behind them.
322
00:17:44,600 --> 00:17:51,000
And it's like, I don't, I, I, I
don't, I don't, I don't, I think
323
00:17:51,000 --> 00:17:54,160
people feel like you have to put
more time in when, when the guy
324
00:17:54,160 --> 00:17:56,680
that's managing their money
probably puts in 2 minutes a
325
00:17:56,680 --> 00:18:00,520
month if it most.
And and that's up to call you to
326
00:18:00,520 --> 00:18:05,280
say that you're fucked, Bob.
And it's gone.
327
00:18:05,800 --> 00:18:08,560
Yeah, and it's gone.
You remember that?
328
00:18:08,560 --> 00:18:11,640
I mean, I don't have anyone.
I don't.
329
00:18:11,640 --> 00:18:17,440
I haven't had a single person
tell me yet that their financial
330
00:18:17,440 --> 00:18:24,080
advisor broker person was doing.
Well, for them I've never heard
331
00:18:24,080 --> 00:18:26,080
that either.
They were always saying they're
332
00:18:26,080 --> 00:18:29,600
doing OK.
And then if I pose a question
333
00:18:29,600 --> 00:18:30,880
like, were they better than the
market?
334
00:18:30,880 --> 00:18:33,920
And then the question is that
they beat an index fund.
335
00:18:34,800 --> 00:18:38,640
And then they're like, well, I
don't know, you know.
336
00:18:38,960 --> 00:18:41,680
And I mean, I, I, I've had them
try to slice and dice the
337
00:18:41,680 --> 00:18:43,080
numbers and pitch them back to
me.
338
00:18:43,080 --> 00:18:46,840
I had this guy that we we first
started using stuff and the wife
339
00:18:46,840 --> 00:18:52,680
was like skeptical of me, just
the money and index funds and
340
00:18:52,680 --> 00:18:55,440
saying, well, you know, you're
not, you didn't go to school for
341
00:18:55,440 --> 00:18:56,480
that.
You don't you know, it's like,
342
00:18:56,480 --> 00:18:58,040
yeah, that's cool.
I understand that.
343
00:18:58,040 --> 00:19:03,040
So we put, we gave this guy at
Merrill lunch 100 grand and he
344
00:19:03,160 --> 00:19:10,200
and I said have at it go crazy.
And he lost immediately within
345
00:19:10,200 --> 00:19:14,440
the first two or three weeks.
It went down about 6 or 7000 and
346
00:19:14,440 --> 00:19:16,480
then and he had it for three
years.
347
00:19:16,480 --> 00:19:20,120
So I was not going to be crazy,
you know, And at the end of
348
00:19:20,120 --> 00:19:27,440
three years, it was at like 100
and pennies or dollars or
349
00:19:27,440 --> 00:19:30,280
something like that, 100,000 and
100,000 and two, something like
350
00:19:30,280 --> 00:19:31,360
that.
Very, very minimal.
351
00:19:32,240 --> 00:19:35,920
And, and he proceeds to tell me
that he had like an 18%
352
00:19:35,920 --> 00:19:40,080
increase.
And I'm going to like, and he
353
00:19:40,080 --> 00:19:43,480
and he said, well, last year it
was at, it was at 87.
354
00:19:43,760 --> 00:19:48,600
And I was like, yeah, but, but,
but I gave you 100.
355
00:19:48,640 --> 00:19:50,280
And he goes, well, we're not
measuring from there.
356
00:19:50,280 --> 00:19:54,200
And I'm going like, well, I am.
We're we're measuring from what
357
00:19:54,200 --> 00:19:57,160
I lost, all right.
Exactly.
358
00:19:57,920 --> 00:20:01,040
And the year that he lost, it
was not a down year in the
359
00:20:01,040 --> 00:20:03,240
market.
And that's the and I was just,
360
00:20:03,240 --> 00:20:06,640
and that's when I was like, you
know, if you, if you lost money
361
00:20:07,160 --> 00:20:09,840
the year of the housing crash,
when the whole industry went
362
00:20:09,840 --> 00:20:12,200
down 28%.
Well, no kidding.
363
00:20:13,640 --> 00:20:17,840
You know, I think I was down 14
or 13% something like that I got
364
00:20:17,880 --> 00:20:20,560
or not even that.
I Remember Me and you made a
365
00:20:20,560 --> 00:20:24,280
mock portfolio for me when I was
around 13 and it was a fake one.
366
00:20:24,280 --> 00:20:27,600
And you said, all right, why
don't you go in here with this
367
00:20:27,600 --> 00:20:31,400
theoretical money that you have.
And it really seemed as if from
368
00:20:31,400 --> 00:20:36,320
about 2012 until what was it, I
think it was around 2018-2019,
369
00:20:36,440 --> 00:20:38,520
you couldn't really pick a wrong
stock.
370
00:20:38,760 --> 00:20:40,720
Twenty O 8 was the crash, yeah.
Yeah, yeah.
371
00:20:40,920 --> 00:20:46,600
But I'm talking about 20 that.
Was 23% down in one year the Oh
372
00:20:46,600 --> 00:20:47,800
yeah, that's right, you were
later.
373
00:20:48,440 --> 00:20:50,920
You missed that.
Yeah, we started when I.
374
00:20:50,920 --> 00:20:53,920
Was 13, so 2012.
You know, I mean, last year was
375
00:20:53,960 --> 00:20:58,280
28%.
Think about that, that, that
376
00:20:58,280 --> 00:21:01,120
means that if you put a dollar
in the market, you have $1.28
377
00:21:02,360 --> 00:21:04,800
that I mean that's, that's
incredible.
378
00:21:04,920 --> 00:21:08,080
That's just incredible. 2 years
ago I think it was 30%.
379
00:21:08,080 --> 00:21:12,200
You know, so it's, it's been,
it's been exceptional for a long
380
00:21:12,200 --> 00:21:14,320
time.
I am looking for a haircut of
381
00:21:14,320 --> 00:21:17,280
1/3 because of what is going on
in the marketplace now.
382
00:21:17,440 --> 00:21:19,240
Oh yeah, it's going.
It's going to get expecting.
383
00:21:19,240 --> 00:21:24,480
Worse and, and I would tell you
that I am 80% out right now,
384
00:21:24,840 --> 00:21:28,400
85%.
So if something goes completely
385
00:21:28,400 --> 00:21:36,320
wrong instead of my dollar will
be worth only $0.20 of my dollar
386
00:21:36,320 --> 00:21:40,400
is in the market.
So if the market goes down 10%
387
00:21:40,600 --> 00:21:43,120
or let's no, let's say it goes
down 30% because it's already
388
00:21:43,120 --> 00:21:46,840
down 8.
If it goes down 30%, I'm going
389
00:21:46,840 --> 00:21:55,560
to lose what is that I would
lose seven cents, $0.06.
390
00:21:56,000 --> 00:22:01,720
I'm going to lose 6 cents on my
out of my 100 instead of $0.30.
391
00:22:01,840 --> 00:22:04,520
So for me it's like because I
don't trust it right now.
392
00:22:04,720 --> 00:22:11,720
But on the other end, a large
portion of my money is in, is in
393
00:22:12,480 --> 00:22:17,480
a, what do you call it, money
market fund, Vanguard in
394
00:22:17,480 --> 00:22:21,280
particular, and it's returning a
little over, it's about 5 1/2%,
395
00:22:21,800 --> 00:22:26,880
which is to me is phenomenal. 5
1/2% on your money means that if
396
00:22:26,880 --> 00:22:29,040
you put $100 in, you got 105 at
the end of the.
397
00:22:29,040 --> 00:22:30,880
Year you got, that's great.
You know that's.
398
00:22:30,880 --> 00:22:32,200
Fantastic.
Yeah.
399
00:22:33,040 --> 00:22:36,800
What was another idea that
somebody was mentioning to me?
400
00:22:36,800 --> 00:22:39,000
Did you have any ideas about
future episodes?
401
00:22:39,000 --> 00:22:40,600
Because that's kind of what this
is about.
402
00:22:40,880 --> 00:22:45,760
When I when I think about future
episodes, it's what are the
403
00:22:45,760 --> 00:22:49,560
objects that you are, the
cluttering your life, You know,
404
00:22:49,960 --> 00:22:52,920
we think about that.
That in a way, organization with
405
00:22:52,920 --> 00:22:55,480
Marie Kondo.
We remember that we talked about
406
00:22:55,480 --> 00:23:00,480
Marie Kondo and the whole idea
of Marie Kondo invented this
407
00:23:00,480 --> 00:23:04,080
idea, this kind of philosophy.
Oh, if you don't use something
408
00:23:04,080 --> 00:23:06,440
for such and such time, OK, how
does it?
409
00:23:06,440 --> 00:23:09,440
Make you feel if you don't enjoy
it or something, throw it away,
410
00:23:09,840 --> 00:23:12,320
right.
It was kind of almost a what is
411
00:23:12,320 --> 00:23:14,200
that called?
The form of poetry.
412
00:23:14,360 --> 00:23:16,600
It's not alliteration.
That's a that's.
413
00:23:17,880 --> 00:23:19,120
AI think we call it chick
canning.
414
00:23:19,840 --> 00:23:21,600
Yeah, exactly.
I think that's what we're
415
00:23:21,600 --> 00:23:23,920
calling it.
But yeah, I don't know.
416
00:23:24,120 --> 00:23:27,560
Or anthro.
I can't even pronounce it.
417
00:23:28,120 --> 00:23:31,400
Clean water in America.
Anthro clean water.
418
00:23:31,720 --> 00:23:32,520
In the US, I can't.
I don't know how.
419
00:23:32,520 --> 00:23:37,240
To pronounce Oh yeah, that that
would be a good 130% of people
420
00:23:37,240 --> 00:23:38,600
don't have access to clean
drinking water.
421
00:23:39,200 --> 00:23:42,160
Yeah, I would like to do.
What I would like to do if we're
422
00:23:42,160 --> 00:23:47,680
going to do something like that
is I would like to have 10 or 15
423
00:23:47,680 --> 00:23:52,880
research questions that we ask
each other, like how many
424
00:23:53,120 --> 00:23:59,120
population that has access in
the US, number of cities that
425
00:23:59,120 --> 00:24:02,720
don't, and just and write down a
list of questions.
426
00:24:02,720 --> 00:24:06,640
And before we start the podcast,
I want to look up those answers
427
00:24:06,640 --> 00:24:10,120
and have them.
So they give us sort of fodder
428
00:24:10,120 --> 00:24:12,360
to talk about as we go through
it, because I think that that
429
00:24:12,360 --> 00:24:13,640
would be something really
interesting.
430
00:24:13,960 --> 00:24:16,640
And you know, it was be like,
oh, you clean water because
431
00:24:16,640 --> 00:24:19,240
everybody thinks Flint, you
think Flint, MI, they're still
432
00:24:19,240 --> 00:24:22,040
doing bottled water.
But now I talk to people in West
433
00:24:22,040 --> 00:24:23,640
Virginia and they're like, no,
no, we don't use that.
434
00:24:23,640 --> 00:24:25,040
We use bottled water.
What?
435
00:24:26,000 --> 00:24:28,200
And there's people in Michigan.
No, no, no, we don't drink the
436
00:24:28,200 --> 00:24:28,800
water there.
We drink.
437
00:24:29,480 --> 00:24:35,080
I'm like, I thought, I thought
that in the USI mean we're,
438
00:24:35,240 --> 00:24:39,400
we're the arguably the richest
nation, 2nd, 3rd, 4th, 5th
439
00:24:39,400 --> 00:24:44,560
richest nation in the world.
And we don't give clean water to
440
00:24:44,560 --> 00:24:48,520
people.
I mean, that is, you know, what
441
00:24:48,520 --> 00:24:53,360
we call, I mean, when I think of
other things like pollution,
442
00:24:53,520 --> 00:24:55,800
pollution in my lifetime, I
mean, it's, it's been
443
00:24:56,200 --> 00:25:01,000
dramatically changed on the
things that that we as a society
444
00:25:01,000 --> 00:25:02,680
have done.
I, you know, and I think I've
445
00:25:02,680 --> 00:25:04,800
talked a little bit about it.
I don't know if that's something
446
00:25:05,120 --> 00:25:09,360
have we remember?
I remember when I was young that
447
00:25:09,360 --> 00:25:12,200
when you cleaned it out, I think
I mentioned this in a podcast
448
00:25:12,200 --> 00:25:14,800
where when people would just
throw their their trash right
449
00:25:14,800 --> 00:25:17,120
out of the window.
Yeah, we talked about the Clean
450
00:25:17,120 --> 00:25:20,760
Water Act under Nixon 1972.
Was it?
451
00:25:21,680 --> 00:25:22,760
We talked about that.
Maybe that's.
452
00:25:22,760 --> 00:25:24,960
Why kind of did talk about
pollution to some degree, I'm
453
00:25:25,080 --> 00:25:27,400
not going to lie, but I think
specifically clean water we
454
00:25:27,400 --> 00:25:31,120
could, we could do I think clean
water today that would be a good
455
00:25:31,120 --> 00:25:32,600
one.
You know what?
456
00:25:32,600 --> 00:25:36,680
I also thought my asphalt days.
Creating a a business plan for
457
00:25:36,680 --> 00:25:38,720
my business.
That might be that might be an
458
00:25:38,720 --> 00:25:40,920
interesting episode.
Yep, that's good.
459
00:25:41,320 --> 00:25:42,640
Well, I'm going to Mongolia
here.
460
00:25:42,640 --> 00:25:44,560
We're going to go do pre
production for this this
461
00:25:44,560 --> 00:25:47,520
documentary, and I think that
that would be kind of cool
462
00:25:48,520 --> 00:25:49,680
thinking of what we're going to
do.
463
00:25:49,680 --> 00:25:51,680
And then we're wrapping this
next project here in the coming
464
00:25:51,680 --> 00:25:54,080
month.
So you're not really looking for
465
00:25:54,080 --> 00:25:55,600
a business plan, you're looking
for a project plan.
466
00:25:56,600 --> 00:25:59,000
Yeah.
Well, distribution plan more so
467
00:25:59,400 --> 00:26:00,840
I think that that's really what,
yeah.
468
00:26:00,840 --> 00:26:06,320
OK.
So this project on a board, you
469
00:26:06,320 --> 00:26:11,600
want to write down first how you
want to do it, who you want to
470
00:26:11,600 --> 00:26:15,520
include, what it's going to
cost, how you're going to market
471
00:26:15,520 --> 00:26:20,040
it, who you're going to sell it
to, who, where, when, what, why
472
00:26:20,040 --> 00:26:21,400
and how.
I mean, those are the questions
473
00:26:21,400 --> 00:26:23,960
you generally ask when you're
asking a business plan and about
474
00:26:23,960 --> 00:26:26,280
how you're going to do it.
And it gives you an idea of
475
00:26:26,280 --> 00:26:28,760
scope, like how large is this
thing?
476
00:26:28,760 --> 00:26:31,600
Is this, is this a $200,000
project, you think?
477
00:26:32,000 --> 00:26:34,720
Any idea?
And, and, and you don't have to
478
00:26:34,720 --> 00:26:36,560
know.
You don't have to know for sure.
479
00:26:36,560 --> 00:26:38,680
You just say, well, we're going
to do airfare there.
480
00:26:38,680 --> 00:26:41,280
We're probably going to go there
four times each or three times
481
00:26:41,280 --> 00:26:42,400
each.
We're going to meet people.
482
00:26:42,680 --> 00:26:46,640
I'm going to have to pay my
average cost for a, a person who
483
00:26:46,640 --> 00:26:51,320
edits is $5000 for per hour.
This is going to be a 2 hour
484
00:26:51,320 --> 00:26:52,960
documentary.
It's that's going to be 10.
485
00:26:52,960 --> 00:26:55,960
I'm going to need four of those.
That's going to be 40 grand.
486
00:26:57,200 --> 00:26:59,080
I'm going to have my my
photographer that's going to
487
00:26:59,080 --> 00:27:01,240
come with me, my film at film
Master guy.
488
00:27:01,440 --> 00:27:03,760
He's going to cost me 25,000
bucks.
489
00:27:04,520 --> 00:27:08,120
And each time you throw their
number out, whatever you think
490
00:27:08,120 --> 00:27:12,360
it is, add like 10% that we used
to do that we were doing when
491
00:27:12,360 --> 00:27:13,760
we're doing product planning
because.
492
00:27:14,000 --> 00:27:15,560
Fringe right?
Is that what you're kind of
493
00:27:15,560 --> 00:27:18,040
thinking about?
Yeah, because they're things
494
00:27:18,040 --> 00:27:23,000
that happen that you don't
expect and, and, and as a rule
495
00:27:23,000 --> 00:27:30,320
of thumb, it is better to come
back and say, wow, you know, I,
496
00:27:30,560 --> 00:27:35,160
I plan to spend 14,000 for the
product guy and I only spent 10.
497
00:27:36,120 --> 00:27:38,040
I mean, it's not like that
hurts.
498
00:27:38,440 --> 00:27:41,520
That's actually feels good.
It feels like, wow, I was good.
499
00:27:41,720 --> 00:27:44,840
I I overestimated a little bit.
Now, when you underestimate, but
500
00:27:45,320 --> 00:27:49,800
we're going to get the money,
it's, it's a, it's a, it's a
501
00:27:49,800 --> 00:27:51,880
hard, hard thing.
That's what you're talking
502
00:27:51,880 --> 00:27:53,520
about.
Product, You know, when we first
503
00:27:53,520 --> 00:27:57,040
started doing products, I
remember we, we did this endless
504
00:27:57,160 --> 00:28:01,600
registration database that we,
we put these two guys on it
505
00:28:01,600 --> 00:28:06,080
working full time and they
worked on it for probably 3
506
00:28:06,080 --> 00:28:08,840
months.
And after the first month they
507
00:28:08,840 --> 00:28:10,320
said it and it's only going to
be another month.
508
00:28:10,320 --> 00:28:13,160
It's going to be done.
After the second month they said
509
00:28:13,440 --> 00:28:15,920
another month it'll be done.
At the third month they said
510
00:28:15,960 --> 00:28:18,800
it's it's almost it's like 3
weeks away and.
511
00:28:19,720 --> 00:28:22,280
Sounds a little like something
in my life, I'm not going to
512
00:28:22,280 --> 00:28:22,880
lie.
Yeah, yeah.
513
00:28:22,880 --> 00:28:26,000
And The thing is, is that you
don't get it's, it's because
514
00:28:27,280 --> 00:28:29,440
then you then you sit down and
you write down and say, well,
515
00:28:29,440 --> 00:28:31,080
what are the tasks you need to
do to finish?
516
00:28:32,280 --> 00:28:34,240
And if they don't know all the
tasks, then you realize that
517
00:28:34,240 --> 00:28:35,360
it's a lot longer than you
thought.
518
00:28:35,640 --> 00:28:37,160
So it's like, what do I, what do
I need?
519
00:28:37,200 --> 00:28:39,560
What, what goes into making a
documentary?
520
00:28:39,560 --> 00:28:42,200
What are the stages and what are
the things I would get AI would
521
00:28:42,200 --> 00:28:45,440
get some type of a template that
said the making of a
522
00:28:45,440 --> 00:28:47,240
documentary.
What are all the things that go
523
00:28:47,240 --> 00:28:49,040
into it?
The the people that are
524
00:28:49,040 --> 00:28:50,680
involved, the different things
like that.
525
00:28:50,680 --> 00:28:53,960
And I would put that on a sheet
and I would write some arbitrary
526
00:28:53,960 --> 00:28:57,160
dollar amount next to each one
if I wanted to do it financially
527
00:28:57,520 --> 00:29:01,400
if I wanted to.
Kind of have a list right now of
528
00:29:01,520 --> 00:29:05,400
specified dates and deadlines of
what we need to meet, right, in
529
00:29:05,400 --> 00:29:07,200
order to shoot at a specific
time.
530
00:29:07,480 --> 00:29:09,640
But then like, it's kind of
interesting too, 'cause now that
531
00:29:09,640 --> 00:29:12,200
we talked to cultural advisors
and now that we're talking to
532
00:29:12,200 --> 00:29:14,080
more people that are on the
ground there, they're like,
533
00:29:14,080 --> 00:29:16,720
well, why aren't you coming here
during the 9 nines, which is 81
534
00:29:16,720 --> 00:29:20,600
days of negative temperatures?
Because in order to understand
535
00:29:20,600 --> 00:29:24,000
Mongolia as a whole in the
climate change, if that's what
536
00:29:24,000 --> 00:29:25,960
we're really trying to target,
which I think is definitely a
537
00:29:25,960 --> 00:29:28,760
portion of the documentary, is
you need to go there during the
538
00:29:28,760 --> 00:29:32,440
most brutal time of.
So go there, do the groundwork
539
00:29:32,560 --> 00:29:35,400
or it's it hasn't passed 9 nines
will be there.
540
00:29:36,120 --> 00:29:39,520
Yeah, right in the area.
And then?
541
00:29:39,520 --> 00:29:41,040
And then what are we talking
temperatures?
542
00:29:41,400 --> 00:29:44,640
Temperatures, we're talking
negative temperatures -20.
543
00:29:45,440 --> 00:29:46,880
Stuff like that.
When your when your mother and I
544
00:29:46,880 --> 00:29:47,880
went to Finland, it was
negative.
545
00:29:47,960 --> 00:29:50,600
It was -27.
Yeah, we're talking.
546
00:29:50,600 --> 00:29:52,000
Negatives.
So there, there are Celsius
547
00:29:52,000 --> 00:29:53,520
there, correct?
Yeah.
548
00:29:54,040 --> 00:29:57,240
So it will be negative because
it was -27 Celsius, which is
549
00:29:57,440 --> 00:30:01,640
like a negative like 19 or 18
Fahrenheit.
550
00:30:01,640 --> 00:30:02,760
I don't know, it's one or the
other.
551
00:30:02,760 --> 00:30:05,360
It's something like that.
It's not that much more It's,
552
00:30:05,360 --> 00:30:07,880
but once it's below -20 you're
just like.
553
00:30:08,680 --> 00:30:11,920
With snow storms included too.
Yeah, with snow storms make it
554
00:30:11,960 --> 00:30:16,320
much worse and, and if you got a
heavy wind, then it's going to
555
00:30:16,320 --> 00:30:18,000
be to slice in right through
you.
556
00:30:18,720 --> 00:30:23,160
But yeah, yeah, that would be,
that makes absolute sense.
557
00:30:23,240 --> 00:30:27,080
So that should, so you should
plan a trip for five days or
558
00:30:27,080 --> 00:30:29,280
whatever, whatever amount that
does that.
559
00:30:29,280 --> 00:30:31,120
And then you have to incorporate
the cost into it.
560
00:30:31,280 --> 00:30:34,120
That's what.
Kind of is going to be later on,
561
00:30:34,120 --> 00:30:37,320
because right now this first
trip coming up on the the 10th
562
00:30:37,320 --> 00:30:40,720
through the 20th is going to be
I get there on the 10th and then
563
00:30:40,720 --> 00:30:45,000
I leave on the 20th is going to
be really relationship building
564
00:30:45,600 --> 00:30:49,440
and kind of understanding a
certain level of cultural
565
00:30:49,440 --> 00:30:53,080
aspects that we aren't really
garnering from a laptop, right?
566
00:30:53,080 --> 00:30:56,120
And kind of understanding where
these people are in their lives
567
00:30:56,120 --> 00:31:00,360
career wise and social wise and
where they kind of are in
568
00:31:00,360 --> 00:31:02,400
society.
And I think that at the same
569
00:31:02,400 --> 00:31:06,080
time, too, shooting documentary,
it kind of changes all the time
570
00:31:06,440 --> 00:31:09,000
because say we go there and we
we have this idea that we're
571
00:31:09,000 --> 00:31:10,280
going to do the ninja miners,
right?
572
00:31:10,280 --> 00:31:15,600
And how mining is affected the
cultural and environmental
573
00:31:15,600 --> 00:31:17,800
aspects of Mongolia.
But then at the same time, if
574
00:31:17,800 --> 00:31:21,680
we've discover something that is
so much more ingrained in that
575
00:31:21,680 --> 00:31:24,760
message and it's more niche, I
mean, that's, that's what we're
576
00:31:24,760 --> 00:31:27,400
going to do, right?
I can imagine going to the mines
577
00:31:27,400 --> 00:31:32,320
when it's -20 I would just that
in itself standing at the open,
578
00:31:32,320 --> 00:31:34,160
the face.
And when you say the ninja mines
579
00:31:34,160 --> 00:31:37,080
are those are those something
that are under the ground or
580
00:31:37,080 --> 00:31:38,920
what?
So ninja mines primarily are
581
00:31:38,920 --> 00:31:40,840
open pits, right?
And they're abandoned gold
582
00:31:40,840 --> 00:31:42,760
mines.
And these people come from
583
00:31:42,760 --> 00:31:46,520
foreign countries or even in
Inner Mongolia and go to these
584
00:31:46,800 --> 00:31:49,920
gold mines, kind of abandoned
gold mines to get the last kind
585
00:31:49,920 --> 00:31:52,520
of.
Excerpts -20 They're digging.
586
00:31:52,520 --> 00:31:55,880
No, see, that's what we're
talking about too, is the the
587
00:31:55,880 --> 00:31:59,040
kind of the combination of
mining in Mongolia and how it's
588
00:31:59,040 --> 00:32:04,040
attributing to these sporadic
winters that have been causing,
589
00:32:04,480 --> 00:32:08,000
yeah, massive famine and also
dried land.
590
00:32:08,000 --> 00:32:09,240
Yeah.
Oh, wow.
591
00:32:09,600 --> 00:32:11,600
Wow.
So you're going to draw the,
592
00:32:11,640 --> 00:32:13,480
draw the link, the scientific
link or?
593
00:32:13,480 --> 00:32:15,160
Yeah.
So there's two kind of parts to
594
00:32:15,160 --> 00:32:15,680
it.
Yeah.
595
00:32:15,680 --> 00:32:20,080
The the, the, the winners don't
have necessarily as much to do
596
00:32:20,160 --> 00:32:22,880
with the actual aspect of
mining, but the more of the
597
00:32:22,880 --> 00:32:25,600
environmental impact.
Yeah, yeah.
598
00:32:26,080 --> 00:32:28,280
But that's what we're going to,
we're think we're going to do.
599
00:32:28,280 --> 00:32:30,160
But then at the same time, we
might get there and we might
600
00:32:30,160 --> 00:32:32,200
discover something completely
new, because I think when you
601
00:32:32,200 --> 00:32:33,760
start putting feet on the grass,
you're talking to people.
602
00:32:33,760 --> 00:32:37,000
You discover so much more.
And it starts to grow like, like
603
00:32:37,000 --> 00:32:39,360
the reason, you know, now you
have to go when it's cold.
604
00:32:39,880 --> 00:32:42,080
Yeah.
I think that in order to get an
605
00:32:42,080 --> 00:32:48,000
actual cultural basis and to not
be afraid of kind of actually
606
00:32:48,080 --> 00:32:50,280
throwing yourself into the
entire project, you need to
607
00:32:50,280 --> 00:32:53,640
suffer or not really suffer, but
to understand.
608
00:32:54,080 --> 00:32:56,880
How?
Cold it actually is.
609
00:32:56,920 --> 00:32:59,800
Instead of trying to avoid
something that is so such a big
610
00:32:59,800 --> 00:33:01,160
part of that culture.
Yeah.
611
00:33:01,960 --> 00:33:05,640
Yeah, and it's when you breathe
in and your lungs hurt.
612
00:33:06,040 --> 00:33:08,480
That's it's cold.
Exactly.
613
00:33:08,560 --> 00:33:11,440
It's real cold.
I I I've never been, I've, I've
614
00:33:11,440 --> 00:33:13,880
been to cold places.
But, you know, we were in
615
00:33:13,880 --> 00:33:15,720
Antarctica, but we were.
It's the summer and, you know,
616
00:33:15,720 --> 00:33:17,760
it was cold, but it wasn't, not
really.
617
00:33:18,000 --> 00:33:20,120
You know, when jumping in the
water, We we did we jump in the
618
00:33:20,120 --> 00:33:21,160
water?
No, we never.
619
00:33:21,160 --> 00:33:24,400
No, I didn't want to do that.
Did you do it?
620
00:33:24,800 --> 00:33:26,920
You didn't do it either.
No, no were.
621
00:33:26,920 --> 00:33:28,800
We hungover I.
Think we were.
622
00:33:28,800 --> 00:33:31,360
Drinking.
I think we were drinking and I
623
00:33:31,360 --> 00:33:32,680
we.
Were hungover and we were
624
00:33:32,680 --> 00:33:34,120
drinking.
I looked at that.
625
00:33:34,120 --> 00:33:36,160
Well, I remember jumping in in
the Galapagos and I was like
626
00:33:36,160 --> 00:33:37,040
this.
Yes, we did that.
627
00:33:37,680 --> 00:33:38,440
That's fun.
Cold.
628
00:33:38,960 --> 00:33:40,040
Well, it was.
It was cold.
629
00:33:40,360 --> 00:33:43,080
It was cold too.
I think I swam around the boat
630
00:33:43,080 --> 00:33:44,880
though.
Did you?
631
00:33:45,600 --> 00:33:47,960
Were you allowed to?
You weren't supposed to.
632
00:33:47,960 --> 00:33:50,800
That's why I did it.
Breaking laws?
633
00:33:51,080 --> 00:33:55,000
Yeah, I was legal, man.
I'm like, I'm, I mean, I'm we
634
00:33:55,000 --> 00:33:56,640
could do something on breaking
the rules.
635
00:33:57,320 --> 00:34:00,280
Yeah, we could, but you're
coming up here with surgery too,
636
00:34:00,280 --> 00:34:01,880
right?
Yeah, that's tomorrow.
637
00:34:02,160 --> 00:34:04,080
That's tomorrow.
Yeah.
638
00:34:04,080 --> 00:34:08,320
You do you.
Well, how do you feel about
639
00:34:08,320 --> 00:34:10,760
that?
Oh yeah, I was wondering about
640
00:34:10,760 --> 00:34:17,000
the, the, the worries and that
come up with it is that I've had
641
00:34:17,000 --> 00:34:21,400
no problem or no worry about it
until like, I don't know, like 4
642
00:34:21,400 --> 00:34:23,920
nights ago.
That was the whole idea of what
643
00:34:23,920 --> 00:34:27,400
happens if this is it, you know,
you, you run those those
644
00:34:27,400 --> 00:34:29,760
scenarios through your mind late
at night and you don't and you
645
00:34:29,760 --> 00:34:32,360
don't sleep.
We had Harvey up the street who
646
00:34:32,360 --> 00:34:35,400
had a typical back surgery and
then he died on the operating
647
00:34:35,400 --> 00:34:38,840
table, right?
So there's things like that, but
648
00:34:39,320 --> 00:34:40,800
I don't think that's going to
happen.
649
00:34:41,120 --> 00:34:44,000
I think this is just this is.
Really mild stuff and if and it
650
00:34:44,000 --> 00:34:49,800
and it's like I think that you
can gin yourself up to believe
651
00:34:49,800 --> 00:34:53,639
in anything with all the
negative thoughts, but
652
00:34:54,159 --> 00:34:56,679
everything coming out of this so
far, everything going into it is
653
00:34:56,679 --> 00:34:59,000
positive.
I think that you're a good
654
00:34:59,000 --> 00:35:03,440
person too, and I think that you
know how you're really Christian
655
00:35:03,840 --> 00:35:07,960
and how you feel rewarded by
God's ever loving light.
656
00:35:08,200 --> 00:35:12,320
Well, if that's if that's the
case, then would.
657
00:35:12,440 --> 00:35:14,240
I mean, that's the thing I don't
understand is like, why don't
658
00:35:14,240 --> 00:35:15,840
all the Christians die or kill
themselves?
659
00:35:15,840 --> 00:35:19,000
Because, you know, if you want
to go to heaven, wouldn't that,
660
00:35:19,040 --> 00:35:21,240
I mean, I would, wouldn't you
say, hey, shoot me, I want to go
661
00:35:21,240 --> 00:35:24,760
to heaven because then I get to
go now instead of waiting on
662
00:35:24,760 --> 00:35:27,840
this place, which is nothing and
not beautiful at all.
663
00:35:28,200 --> 00:35:29,400
Well, I hope so.
What do you know?
664
00:35:29,440 --> 00:35:34,160
That I'm praying for you, which
really means I'm sitting in my
665
00:35:34,160 --> 00:35:37,520
room doing nothing.
Means you're trying to get
666
00:35:37,520 --> 00:35:38,880
attention.
We could do some on religion.
667
00:35:39,000 --> 00:35:40,240
All that too.
Isn't that?
668
00:35:40,280 --> 00:35:42,040
That is kind of interesting.
I never really thought about
669
00:35:42,040 --> 00:35:44,320
that.
We've never talked about you say
670
00:35:44,320 --> 00:35:46,000
you're.
Praying for somebody, it's kind
671
00:35:46,000 --> 00:35:49,240
of taking the them as a center
of attention off of them and
672
00:35:49,240 --> 00:35:51,960
putting it on yourself and see,
I'm doing, look at all the hard
673
00:35:51,960 --> 00:35:54,280
mental anguish I'm going.
I'm doing something.
674
00:35:54,320 --> 00:35:58,080
That's what it is.
Just Zach, instead of sending
675
00:35:58,080 --> 00:36:02,880
you a card, I'm going to.
I'm letting everybody know, not
676
00:36:02,880 --> 00:36:04,800
just you.
I'm posting it to Facebook and
677
00:36:04,800 --> 00:36:09,120
all these other places.
I'm praying for you and I want
678
00:36:09,120 --> 00:36:12,120
you to know that I'm doing that
when you're not there.
679
00:36:12,240 --> 00:36:14,640
I can't imagine what it's like
to get cancer.
680
00:36:14,640 --> 00:36:17,640
And then you have like maybe 150
people.
681
00:36:17,640 --> 00:36:19,600
If you know that many, I don't
really even know that many.
682
00:36:19,600 --> 00:36:22,960
I'm going to say maybe 25 in
your inner circle that say, Oh,
683
00:36:22,960 --> 00:36:25,400
well, I'm praying for you.
And you're like, well, so you're
684
00:36:25,800 --> 00:36:28,840
I'd rather you send me a gift
basket or something before I
685
00:36:28,840 --> 00:36:30,160
die.
Like, I don't know.
686
00:36:30,160 --> 00:36:33,760
I'd rather have like something
that actually is kind of
687
00:36:33,760 --> 00:36:36,400
implementing that you care,
right?
688
00:36:36,400 --> 00:36:38,640
I don't I don't really see how
talking.
689
00:36:38,640 --> 00:36:40,440
Well, The thing is, they don't
know what to say.
690
00:36:40,600 --> 00:36:42,440
Most people don't know.
I would say they don't, they
691
00:36:42,440 --> 00:36:44,440
don't, they don't and and so
they're going to ask some
692
00:36:44,440 --> 00:36:49,480
invisible being for some special
thing, which if you believe in
693
00:36:49,480 --> 00:36:51,720
the Bible doesn't has any
already made is all of his
694
00:36:51,720 --> 00:36:54,280
decisions.
So all of that praying is
695
00:36:54,280 --> 00:36:56,720
basically a waste of time
begging, right?
696
00:36:57,080 --> 00:36:59,040
You pretty much.
I mean if.
697
00:36:59,080 --> 00:37:03,160
God, if God already didn't
decided that if there is a God
698
00:37:03,480 --> 00:37:06,200
you know well, no, I won't.
Let's just not go down that
699
00:37:06,200 --> 00:37:10,480
precipice.
But but if they if this thing
700
00:37:10,480 --> 00:37:16,160
that they believe is ultimately
infallible, which that's one
701
00:37:16,160 --> 00:37:20,960
thing they believe, then your
destination is already decided
702
00:37:21,200 --> 00:37:25,560
by him, right?
And since he is infallible, he's
703
00:37:25,560 --> 00:37:29,600
decided that either you are
going to die where you were
704
00:37:29,600 --> 00:37:32,120
going to live.
He's already decided he's
705
00:37:32,120 --> 00:37:36,120
already decided when this hymn
that we call him a hymn, but
706
00:37:36,120 --> 00:37:39,200
that which is weird to make him
human when in the act.
707
00:37:39,200 --> 00:37:43,640
It makes no sense.
So if he's already decided that
708
00:37:43,640 --> 00:37:47,040
when you go in and you pray, are
you saying he's wrong?
709
00:37:48,440 --> 00:37:51,280
I don't know, you know,
question.
710
00:37:52,680 --> 00:37:55,720
It's in God's hands.
And it's like, no, I'd rather
711
00:37:55,720 --> 00:37:57,680
have it in my surgeon's hands.
I don't.
712
00:37:57,680 --> 00:38:00,000
I want, I want, you know, God's
guiding him.
713
00:38:00,000 --> 00:38:01,880
No, no, He went to medical
school.
714
00:38:01,880 --> 00:38:04,040
He has the same God that did the
Holocaust.
715
00:38:04,040 --> 00:38:05,040
Yes.
Yeah.
716
00:38:05,040 --> 00:38:07,760
In his hands, Yeah.
That's he's done a great job so
717
00:38:07,760 --> 00:38:09,360
far.
Such a great job.
718
00:38:10,240 --> 00:38:12,760
No, no, we, we could, we could,
we could definitely do an
719
00:38:12,880 --> 00:38:16,880
episode on bashing religion, you
know, But when I think that
720
00:38:16,880 --> 00:38:20,600
would piss that would that would
I don't understand the, you
721
00:38:20,600 --> 00:38:24,720
know, yeah.
Should people that don't believe
722
00:38:25,880 --> 00:38:30,440
stand up more for their rights
in anything, in anything?
723
00:38:30,880 --> 00:38:36,720
Because I think that, you know,
it's like like people that are,
724
00:38:37,280 --> 00:38:41,640
that have a problem with gays
have no problem shitting on
725
00:38:41,640 --> 00:38:45,120
them.
But people that like me, it's
726
00:38:45,120 --> 00:38:46,960
like, I I think that that's
wrong.
727
00:38:46,960 --> 00:38:52,200
I think that they're, you know,
they're people, they're the gay
728
00:38:52,200 --> 00:38:57,320
people feel the way about the
same sex as I do about the
729
00:38:57,320 --> 00:39:00,880
opposite sex.
So I don't, you know, and that's
730
00:39:00,880 --> 00:39:04,240
just something that happens, you
know, and it's, and it's, I
731
00:39:04,240 --> 00:39:07,360
believe it's biological.
I don't really understand the
732
00:39:07,480 --> 00:39:10,840
the personal investment in other
people's lives to such a degree.
733
00:39:11,200 --> 00:39:12,680
I don't know.
It almost seems like social
734
00:39:12,680 --> 00:39:17,600
media has made it almost
purposeful in the divisiveness
735
00:39:17,600 --> 00:39:21,520
that exists in opinions today,
because I don't think that
736
00:39:21,520 --> 00:39:26,840
people nearly gave that much of
A care about other people's
737
00:39:26,840 --> 00:39:29,080
lives in their decision making
10 years.
738
00:39:29,080 --> 00:39:30,400
They hated.
They hated gays.
739
00:39:30,400 --> 00:39:33,320
And, well, they hated.
Them, but I don't think it was
740
00:39:33,320 --> 00:39:37,160
you didn't have ready access to
hate because now you go on like
741
00:39:37,480 --> 00:39:40,600
somebody's Facebook profile and
then you could you could call
742
00:39:40,600 --> 00:39:43,240
them slurs or you go on any sort
of thing and there's just
743
00:39:43,240 --> 00:39:45,920
breeding hate constantly sick.
Remember.
744
00:39:46,560 --> 00:39:52,120
Remember Tory inclinations. 80s,
seventies, 60s, you, you had TV
745
00:39:53,000 --> 00:39:55,840
and then many people didn't have
TV in the rural areas, so they
746
00:39:55,840 --> 00:39:58,880
just had their parents.
And if your parents, parents,
747
00:39:58,880 --> 00:40:03,320
parents, parents, parents,
parents all thought black people
748
00:40:03,400 --> 00:40:12,880
were not at the same level, what
do you call it in any way?
749
00:40:13,520 --> 00:40:16,200
Then they would pass down that
same thing to you.
750
00:40:17,280 --> 00:40:20,320
So you wouldn't have anybody's
outside of pen in her voice.
751
00:40:20,320 --> 00:40:23,320
Well, that's how it is today as
well, but it's a little more of.
752
00:40:23,560 --> 00:40:26,200
A the only way that you got an
outside voice was to leave your
753
00:40:26,200 --> 00:40:29,960
family and go to and get
educated.
754
00:40:30,440 --> 00:40:32,880
And that's when you would when
you would go to college, you
755
00:40:32,880 --> 00:40:35,680
would meet people that had
differing views.
756
00:40:35,680 --> 00:40:39,440
And then you'd be like, oh, Zach
doesn't hate gay people.
757
00:40:39,840 --> 00:40:42,880
What's wrong with him?
And then Zach says because
758
00:40:42,880 --> 00:40:47,120
they're people and, and, and how
does it hurt you?
759
00:40:47,120 --> 00:40:52,520
Oh, I actually it doesn't.
And that, you know, and, and you
760
00:40:52,520 --> 00:40:55,360
start to see that and, and I
think that's why we, it seemed
761
00:40:55,360 --> 00:41:01,720
like we were on this progressive
movement for a long time and
762
00:41:01,720 --> 00:41:06,200
then social media sort of just
destroyed it, you know, in a lot
763
00:41:06,200 --> 00:41:07,960
of ways.
Well, because there's an echo
764
00:41:07,960 --> 00:41:11,880
chamber, that's what it is like.
You see the chamber like 4 Chan
765
00:41:11,880 --> 00:41:18,680
that which kind of breeded a lot
of these hyper, hyper racist
766
00:41:18,680 --> 00:41:22,000
people, hyper homophobic people,
'cause it's just a bunch of
767
00:41:22,000 --> 00:41:23,920
group of people and they're all
talking about the same thing
768
00:41:23,920 --> 00:41:25,760
together.
And that's, that's kind of what
769
00:41:25,760 --> 00:41:28,400
it's always.
But when you when you look at,
770
00:41:28,400 --> 00:41:31,080
when you look at an actual
number of posts, when you
771
00:41:31,080 --> 00:41:33,760
actually look at the social
media posts, the people doing
772
00:41:33,760 --> 00:41:36,840
it, it's a very, very small
number.
773
00:41:37,600 --> 00:41:41,480
It's not, it's not millions.
The people that are that are
774
00:41:41,480 --> 00:41:45,240
doing the most posts.
There's like I think there was
775
00:41:45,240 --> 00:41:49,680
a, there was like 8 or 10 on
Facebook that were posting all
776
00:41:49,680 --> 00:41:53,000
the racist stuff.
And you could get rid of 80% of
777
00:41:53,000 --> 00:41:55,120
it by just removing those eight
people.
778
00:41:55,120 --> 00:41:57,640
I think you're negating to think
about the comments though,
779
00:41:57,640 --> 00:41:59,480
because.
Even the comments, well, see,
780
00:41:59,480 --> 00:42:02,840
The thing is, is then, then the
comments sort of drive it.
781
00:42:02,840 --> 00:42:07,320
And you can see, you can see the
same model, the same model that
782
00:42:07,320 --> 00:42:11,920
I, that I see in every single
thing is that you go to a right
783
00:42:11,920 --> 00:42:17,680
wing site and they have a, a
right wing story.
784
00:42:18,000 --> 00:42:19,360
Same thing with a left wing
story.
785
00:42:20,080 --> 00:42:25,040
And then, and then the first
comment is attacking the story
786
00:42:25,720 --> 00:42:27,680
and, and just a totally stupid
way.
787
00:42:28,200 --> 00:42:31,360
Well, Trump's the greatest
president ever, you know, or
788
00:42:31,760 --> 00:42:34,960
Biden's a complete, he's a, he's
a pudding head.
789
00:42:34,960 --> 00:42:37,240
He's stupider than anybody in
the world, you know?
790
00:42:37,400 --> 00:42:41,320
And then they get 100 people
reply to that guy and you're
791
00:42:41,320 --> 00:42:42,760
just like.
Well, it's baiting, yeah.
792
00:42:43,000 --> 00:42:45,800
And also, if you think about it,
if you go to the top of a post
793
00:42:46,040 --> 00:42:49,320
and you pay somebody or have a
bond, kind of say something of
794
00:42:49,320 --> 00:42:52,960
the opposite of the post,
automatically you're already
795
00:42:52,960 --> 00:42:55,840
garnering a bunch of interaction
on the post.
796
00:42:56,160 --> 00:42:59,120
So you get a bunch of following,
you get a bunch of people
797
00:42:59,120 --> 00:43:01,360
looking at it.
Whereas if you didn't have that,
798
00:43:01,360 --> 00:43:04,120
you get about 1/3 of the the
amount of interaction user
799
00:43:04,120 --> 00:43:06,320
interaction on it.
So this is how we should grow
800
00:43:06,320 --> 00:43:08,000
our podcast.
I think so.
801
00:43:08,000 --> 00:43:11,920
I think we need to pay people to
make terrible comments on our
802
00:43:11,920 --> 00:43:12,480
posts.
Wait.
803
00:43:13,000 --> 00:43:15,880
I, I think about the devices and
it's like the, one of the things
804
00:43:15,880 --> 00:43:18,360
I've always is kind of good
about this is you and I sit here
805
00:43:18,360 --> 00:43:23,280
and talk and we don't talk about
we, we, we, we graze politics.
806
00:43:23,920 --> 00:43:27,360
And, and you can, you can listen
to these podcasts and see where
807
00:43:27,360 --> 00:43:31,520
I'm coming from and kind of what
I think, but it's not this head
808
00:43:31,520 --> 00:43:36,240
on in today's news.
Biden did this or Trump did this
809
00:43:36,240 --> 00:43:38,640
or Obama did this or somebody
did this.
810
00:43:38,640 --> 00:43:41,200
And this is shitty and This is
why and this is horrible.
811
00:43:41,440 --> 00:43:44,000
And they're, they're breaking
the rule of law and it's, no
812
00:43:44,000 --> 00:43:45,800
one's ever done it.
You know, just tell lie after
813
00:43:45,800 --> 00:43:47,920
lie after lie.
I just don't find it palatable
814
00:43:47,920 --> 00:43:50,520
anymore.
I'm just so tired hearing
815
00:43:50,520 --> 00:43:55,080
another white man's opinion on
what's going on in today's day
816
00:43:55,080 --> 00:43:59,240
and age, because as a white man,
I consider my own opinions.
817
00:43:59,240 --> 00:44:04,920
Not really that big of AI, don't
know that big of a thing to care
818
00:44:04,920 --> 00:44:05,840
about.
I don't really.
819
00:44:05,840 --> 00:44:07,440
I don't.
Know you no longer reflect
820
00:44:07,640 --> 00:44:10,520
society.
I don't really understand why we
821
00:44:10,520 --> 00:44:14,960
should focus on such terrible
things that are happening when
822
00:44:14,960 --> 00:44:17,520
there's so many beautiful things
in the world.
823
00:44:17,600 --> 00:44:20,840
Chats.
Well, comedians are doing it now
824
00:44:20,840 --> 00:44:25,360
more than ever, and I don't I'm
like, what happened to actually
825
00:44:25,520 --> 00:44:27,360
philosophizing?
Philosophizing.
826
00:44:28,000 --> 00:44:29,960
That's a word.
And.
827
00:44:30,400 --> 00:44:33,840
Being philosophical.
And analyzing your own life
828
00:44:33,840 --> 00:44:35,600
without having a political
agenda behind it.
829
00:44:35,960 --> 00:44:38,680
And I don't really like you
looked at even the inauguration
830
00:44:38,680 --> 00:44:40,400
for Trump and you had all these
celebrities there.
831
00:44:40,400 --> 00:44:43,200
And I'm like, what is this?
Like, this is like so strange
832
00:44:43,880 --> 00:44:47,400
that entertainers are now
considered, I don't know, the
833
00:44:47,400 --> 00:44:50,280
most important people in the
Western world.
834
00:44:50,760 --> 00:44:53,600
And I think that that's, well, I
think that's a little weird,
835
00:44:53,600 --> 00:44:54,120
Right?
Well.
836
00:44:54,480 --> 00:44:56,760
Because they they have reach.
Yeah.
837
00:44:57,440 --> 00:45:02,640
And, and if you like, if you
like the Kardashians or if you
838
00:45:02,640 --> 00:45:07,040
like Joe Rogan or if you like
Oprah Winfrey or if you like
839
00:45:07,040 --> 00:45:12,320
people, a politician or someone
that wants their sphere wants to
840
00:45:12,480 --> 00:45:14,720
cozy up to them.
And then they'll say, Oh, I like
841
00:45:14,720 --> 00:45:18,280
so and so, you know, but the
other side, the, the reciprocal
842
00:45:18,280 --> 00:45:20,480
of that is there are people that
hate them too.
843
00:45:20,960 --> 00:45:24,600
And so you're, you automatically
corner that those people that
844
00:45:24,600 --> 00:45:27,480
were on the other side that
liked you now don't like you at
845
00:45:27,480 --> 00:45:31,000
all because you you've chased
the the easy target, so to
846
00:45:31,000 --> 00:45:32,600
speak.
I don't know if we're ever going
847
00:45:32,600 --> 00:45:37,320
to get back to a serious level
of hair in, well, humility.
848
00:45:37,480 --> 00:45:40,920
I think that we're going down.
That the pendulum swings.
849
00:45:41,200 --> 00:45:46,800
And I would say that
politically, I've never seen it
850
00:45:46,800 --> 00:45:52,560
swing this far right where
people were trying to kick
851
00:45:52,560 --> 00:45:58,480
judges out and, you know.
And I think the only reason why
852
00:45:58,920 --> 00:46:02,800
that it's swung this far is
because of 2008 and how we had a
853
00:46:02,800 --> 00:46:05,040
black president.
I think that that's the only
854
00:46:05,040 --> 00:46:07,640
reason why.
And there was such an uproar in
855
00:46:07,640 --> 00:46:10,600
the reaction politically to what
happened.
856
00:46:10,960 --> 00:46:14,800
It was so weird because he had
one of the highest vote counts
857
00:46:14,800 --> 00:46:15,880
ever.
Exactly.
858
00:46:15,880 --> 00:46:18,360
Which I don't really.
It really brought people out of
859
00:46:18,360 --> 00:46:20,680
the woodwork that hadn't been
voting for a long time.
860
00:46:21,040 --> 00:46:23,160
And I feel like that that's
really what it did.
861
00:46:23,320 --> 00:46:27,520
So we represented America, but
then the people that represented
862
00:46:27,520 --> 00:46:30,920
America and voted for the black
president then kind of stopped.
863
00:46:31,360 --> 00:46:34,040
I mean, that was that was
Chappelle's observation.
864
00:46:34,040 --> 00:46:37,240
I remember that because he said,
yeah, I went to when I went,
865
00:46:37,320 --> 00:46:40,600
when I went for Trump in the
first time, I knew he was going
866
00:46:40,600 --> 00:46:41,320
to win.
It's like why?
867
00:46:41,320 --> 00:46:45,760
I said because the line out and
around the block was all these
868
00:46:45,760 --> 00:46:48,280
dusty white people.
It was a reaction of what had
869
00:46:48,280 --> 00:46:50,640
happened in 2008.
Yeah, that's that's what I think
870
00:46:50,640 --> 00:46:51,520
it.
Was, and then when I, when I
871
00:46:51,520 --> 00:46:56,000
went in 2000, the the first
Obama election, there were black
872
00:46:56,000 --> 00:46:58,560
people as far as the line could
see and it didn't matter if it
873
00:46:58,640 --> 00:47:00,240
lightning came out.
They were all waiting.
874
00:47:00,280 --> 00:47:02,440
I was like, I'm going to vote
for the first black president.
875
00:47:02,760 --> 00:47:05,920
Second time he ran, same thing,
got the same kind of turn out.
876
00:47:06,480 --> 00:47:09,560
I think Trump comes along and
it's like it's a white woman
877
00:47:09,560 --> 00:47:13,360
who, you know, pays lip service
to people, and they've been
878
00:47:13,360 --> 00:47:16,280
hammering her for eight years on
every horrible thing that she'd
879
00:47:16,280 --> 00:47:21,520
ever done, you know?
There's something about a mirror
880
00:47:21,960 --> 00:47:24,080
and looking at a presidential
candidate and you want to see
881
00:47:24,080 --> 00:47:26,920
yourself in them.
And I think that not only the
882
00:47:26,920 --> 00:47:30,760
long history of racism in the US
kind of is indicative of the
883
00:47:30,760 --> 00:47:34,880
reaction of 2008, but at the
same time, I find it interesting
884
00:47:34,880 --> 00:47:38,960
too, that people missed somebody
that looks so akin to them that
885
00:47:38,960 --> 00:47:41,640
really didn't.
Like, at least George W Bush had
886
00:47:41,640 --> 00:47:45,880
a manufactured accent, right?
At least he was appealing then.
887
00:47:45,880 --> 00:47:48,160
He wasn't honest about his
background.
888
00:47:48,160 --> 00:47:50,400
He wasn't very truthful about
where he came from.
889
00:47:50,680 --> 00:47:54,920
But Donald Trump was, he was,
he's like, oh, I'm a, I'm a
890
00:47:54,920 --> 00:47:56,280
billionaire.
I'm a really successful guy,
891
00:47:56,280 --> 00:47:58,880
which was so kind of polar
opposite to George W Bush, which
892
00:47:58,880 --> 00:48:01,040
I find interesting.
I don't know, like, I would have
893
00:48:01,040 --> 00:48:04,760
expected a good old boy again,
but that's not what he is, which
894
00:48:04,760 --> 00:48:06,040
is kind of strange.
I don't know.
895
00:48:06,640 --> 00:48:11,600
He tells it like it is.
He's in a particular moment.
896
00:48:11,600 --> 00:48:12,920
What was he?
He was from Massachusetts
897
00:48:12,920 --> 00:48:13,560
originally.
I think.
898
00:48:13,560 --> 00:48:15,000
That's crazy still.
Was he?
899
00:48:15,240 --> 00:48:16,360
Yeah.
Who's?
900
00:48:16,440 --> 00:48:19,920
George Yeah, yeah, yeah.
New Hampshire, I think, Or New
901
00:48:19,920 --> 00:48:21,120
Hampshire.
Yeah, that's what it was.
902
00:48:21,160 --> 00:48:22,560
New Hampshire.
Oh my gosh.
903
00:48:23,040 --> 00:48:25,920
Kenny Bunkport was there.
Whatever.
904
00:48:25,920 --> 00:48:27,200
I don't know, growing up,
whatever.
905
00:48:27,200 --> 00:48:29,040
Something like that.
Wow.
906
00:48:29,120 --> 00:48:32,320
What are we at for time here?
I got 48 on my clock.
907
00:48:32,720 --> 00:48:35,760
OK, you're right.
Yeah, we can stop, mine says.
908
00:48:35,840 --> 00:48:37,720
Well I turned mine on like 10
minutes after we started.
909
00:48:37,720 --> 00:48:39,080
I.
Think mine says 54 and we
910
00:48:39,080 --> 00:48:40,600
stopped for a few minutes so.
All right.
911
00:48:40,840 --> 00:48:42,720
Well, I think we're I think
we're good here.
912
00:48:43,000 --> 00:48:44,200
What do you think We think
we're?
913
00:48:44,240 --> 00:48:46,000
We have some ideas.
We're going to pull these out
914
00:48:46,400 --> 00:48:49,520
and use these in the future.
Or we we might post this as a we
915
00:48:49,840 --> 00:48:51,840
don't know what the hell we're
doing so we need to put an idea
916
00:48:51,840 --> 00:48:54,040
session.
I think that this is a good idea
917
00:48:54,040 --> 00:48:57,160
to make an idea about ideas.
I don't know.
918
00:48:57,200 --> 00:48:58,720
I think that we're.
Do you want, do we, have we done
919
00:48:58,720 --> 00:49:04,040
anything on technology?
Not really.
920
00:49:04,040 --> 00:49:06,280
I don't think so, no.
See, I think that one of the
921
00:49:06,280 --> 00:49:09,440
discussion, the starting of the
discussion was artificial
922
00:49:09,440 --> 00:49:10,880
intelligence that I did with
Brock.
923
00:49:10,880 --> 00:49:12,720
And I thought that that was
really, really cool.
924
00:49:12,840 --> 00:49:16,200
That's so saturated though.
I'm so tired of talking about AI
925
00:49:16,200 --> 00:49:19,400
to some degree because here, for
me specifically, it's just like
926
00:49:19,400 --> 00:49:22,000
a it's, it's just beaten to
death.
927
00:49:22,080 --> 00:49:23,600
It's like they took, Yeah.
But I think that we could.
928
00:49:23,600 --> 00:49:25,600
We could.
It's something that people will
929
00:49:25,600 --> 00:49:27,760
listen to.
Fair.
930
00:49:27,880 --> 00:49:30,680
That's fairpoint.
Well, actually, we don't know
931
00:49:30,680 --> 00:49:33,640
that.
Wait until wait until people, if
932
00:49:33,640 --> 00:49:36,880
anybody actually listens to his
podcast and posts stuff and says
933
00:49:36,880 --> 00:49:38,280
things, that's what I want to
say.
934
00:49:38,440 --> 00:49:39,840
Yeah, we'll see.
You know.
935
00:49:40,040 --> 00:49:41,840
I'm curious.
And I sent you the link.
936
00:49:41,840 --> 00:49:44,640
Post the link to your.
Can you just post that to our
937
00:49:44,640 --> 00:49:45,920
website?
I don't know how you do that.
938
00:49:46,520 --> 00:49:48,280
Can.
You post a link.
939
00:49:48,480 --> 00:49:50,760
I guess I could I could post it
in the link of this video if you
940
00:49:50,760 --> 00:49:53,520
want, but this is coming out in
2 weeks so no.
941
00:49:53,800 --> 00:49:57,080
No, no, I would say how do you
post a link to his thing on a
942
00:49:57,080 --> 00:49:58,520
record of my father?
Can't you go on?
943
00:49:58,520 --> 00:50:02,000
Oh, on the website, yeah, we
only really have episode pages.
944
00:50:02,000 --> 00:50:03,960
I could figure it out.
We'll figure it out.
945
00:50:04,040 --> 00:50:07,400
Well, as always, thank you guys
for listening and we will talk
946
00:50:07,400 --> 00:50:10,840
to you next week,
recordmyfather.com on YouTube,
947
00:50:10,840 --> 00:50:14,320
Instagram and Spotify.
Thank you guys for listening and
948
00:50:14,320 --> 00:50:15,200
we will talk to you later.
Bye.
00:00:09,560 --> 00:00:11,920
Welcome back to another episode
of Record My Father.
2
00:00:12,200 --> 00:00:16,160
Today we're going to be talking
about ideas coming up and future
3
00:00:16,160 --> 00:00:18,920
episodes maybe.
Maybe future episodes ideas,
4
00:00:18,920 --> 00:00:24,840
future episode ideas, or more
so, how to come up with ideas.
5
00:00:24,840 --> 00:00:29,680
I remember one time when I was,
I think in high school, coming
6
00:00:29,680 --> 00:00:32,520
up with ideas for this artistic
portfolio that we needed to
7
00:00:32,520 --> 00:00:35,560
finish by the end of the year.
It was 12 pieces.
8
00:00:35,880 --> 00:00:38,440
And I remember looking up
different ways to come up with
9
00:00:38,440 --> 00:00:40,000
ideas.
And apparently the
10
00:00:40,000 --> 00:00:42,760
neuroplasticity in your brain is
exercised.
11
00:00:42,760 --> 00:00:46,360
If you force yourself to write
down 4 new things that you've
12
00:00:46,360 --> 00:00:48,240
never thought of each day, and
you keep doing that, you're
13
00:00:48,240 --> 00:00:53,200
doing that and it actually kind
of increases your creative,
14
00:00:53,200 --> 00:00:55,160
expansive mind.
I don't know, look that up.
15
00:00:55,200 --> 00:00:56,960
It was a YouTube video.
What do you think?
16
00:00:59,120 --> 00:01:01,000
I I'm trying to write down 4
things so I know what I can
17
00:01:01,000 --> 00:01:05,160
think about.
Yeah, we're going forward.
18
00:01:05,200 --> 00:01:11,520
We got some advice from my a
confidante of mine known as my
19
00:01:12,040 --> 00:01:15,400
significant other.
And she was talking about how
20
00:01:15,880 --> 00:01:19,720
maybe the original experience of
escaping poverty might be a good
21
00:01:19,720 --> 00:01:22,240
one.
I mean, because that's, that's
22
00:01:22,240 --> 00:01:25,560
something that you.
Yeah, well, I mean a lot of
23
00:01:25,560 --> 00:01:27,760
people.
It's it's really odd.
24
00:01:27,960 --> 00:01:32,240
It's really odd.
And I and, and I said it, I
25
00:01:32,240 --> 00:01:34,480
actually wrote it down and I
wrote it down to my mother's
26
00:01:34,480 --> 00:01:41,960
eulogy when I said we were poor,
What was it?
27
00:01:41,960 --> 00:01:44,160
It was really an interesting
thing the way I had it.
28
00:01:44,160 --> 00:01:49,160
I forgot what it said.
What was it?
29
00:01:50,080 --> 00:01:52,560
I never knew we were poor until
we weren't.
30
00:01:52,840 --> 00:01:55,760
Yeah, you know what I mean?
It's very strange if you live in
31
00:01:55,760 --> 00:01:59,880
a a community of people that you
know and you know, you're
32
00:02:01,720 --> 00:02:06,040
whatever the houses are
checkerboard houses, projects.
33
00:02:07,280 --> 00:02:09,880
You know, it wasn't really, but
we were not in the projects.
34
00:02:09,880 --> 00:02:13,120
We were we were one step out of
row houses.
35
00:02:13,160 --> 00:02:15,640
You know, if you think about you
wouldn't know Archie Bunker, but
36
00:02:15,680 --> 00:02:17,760
older people listen, would know
the Archer bunker houses.
37
00:02:17,760 --> 00:02:19,040
That's what we kind of grew up
in.
38
00:02:19,440 --> 00:02:22,200
If you look back at one of our
episodes, you get of oversight
39
00:02:22,200 --> 00:02:25,560
picture of where our house and
when it flooded and when we left
40
00:02:26,080 --> 00:02:28,800
and why I support charity.
One of the reasons I support
41
00:02:28,800 --> 00:02:34,400
charity is today.
And we didn't, you know, we we
42
00:02:34,400 --> 00:02:39,480
had less and we work with it.
And I mean, people would mess
43
00:02:39,480 --> 00:02:43,480
with you because they had, you
know, you wore Levi's and I wore
44
00:02:43,560 --> 00:02:48,120
Wranglers or you had Chuck
Taylor's and I had which these
45
00:02:48,120 --> 00:02:51,520
tennis shoes or you had a
members only jacket.
46
00:02:51,520 --> 00:02:53,720
That was like the coolest thing
in the world to have in high
47
00:02:53,720 --> 00:02:55,920
school.
And we couldn't afford that
48
00:02:55,920 --> 00:02:57,120
stuff.
And even when I worked, I
49
00:02:57,120 --> 00:02:59,640
wouldn't buy it because it would
have been, it would have been to
50
00:02:59,640 --> 00:03:03,520
me something that was it was
something that was here today
51
00:03:03,520 --> 00:03:05,400
and it was gone in the not too
distant future.
52
00:03:05,400 --> 00:03:08,320
Whereas if I put money in the
bank and I could actually save
53
00:03:08,320 --> 00:03:13,640
to do something that I would
feel would be lasting, I think.
54
00:03:13,720 --> 00:03:16,760
Well, I thought you also had an
individual experience with your
55
00:03:16,760 --> 00:03:20,400
parents because they always
endorsed for your college.
56
00:03:21,160 --> 00:03:24,520
Oh yeah, yeah.
They were like a financial plan
57
00:03:24,520 --> 00:03:27,640
for that necessarily 0 But they
they said you're, you're going
58
00:03:27,640 --> 00:03:29,920
to do it whether you like it or
not and.
59
00:03:29,920 --> 00:03:31,640
Yeah, only stupid people are
going to college.
60
00:03:31,720 --> 00:03:35,800
They were very they were the
smartest people in the in the
61
00:03:35,800 --> 00:03:39,120
neighborhood that they lived in,
which, you know, it's like after
62
00:03:39,120 --> 00:03:41,360
I got out of that and after I
looked back, I was just like,
63
00:03:41,440 --> 00:03:46,480
well, if you were so smart, why
didn't you do better?
64
00:03:46,560 --> 00:03:49,720
You know, that's that's how
messed up there was a you know,
65
00:03:49,840 --> 00:03:52,120
is a lot of psychological stuff
that was going on there that
66
00:03:52,120 --> 00:03:53,640
kind of messed it all up, you
know, and I.
67
00:03:53,800 --> 00:03:56,640
Think that that's kind of an
interesting idea, is overcoming
68
00:03:56,640 --> 00:03:58,280
the the mental anguish that you
did.
69
00:03:58,280 --> 00:03:59,720
Yeah, 'cause I think that I
don't.
70
00:04:00,360 --> 00:04:04,160
Think I'm a little sick?
I think I still have it, you
71
00:04:04,160 --> 00:04:06,120
know?
What about you overcoming
72
00:04:06,120 --> 00:04:08,440
poverty?
I never did.
73
00:04:08,720 --> 00:04:12,160
I was basically given the golden
spoon my entire life and I've
74
00:04:12,160 --> 00:04:16,680
always been very, at least I
acknowledge my privilege.
75
00:04:16,720 --> 00:04:20,760
I think so to some degree.
I understand that I wake up and
76
00:04:20,760 --> 00:04:23,600
I have opportunities that nobody
else has in the entire world.
77
00:04:23,600 --> 00:04:28,400
Maybe some in, maybe some in the
US, but also in Oman where they
78
00:04:28,400 --> 00:04:31,560
pump millions of gallons of oil
out of the girth each day.
79
00:04:31,840 --> 00:04:33,640
That's a level of wealth that
we'll never understand.
80
00:04:34,000 --> 00:04:37,400
But I, I definitely identify
with the opportunities that I've
81
00:04:37,400 --> 00:04:40,040
been given through your hard
work.
82
00:04:40,080 --> 00:04:44,160
And I, I, I think it's funny too
that we consider the other day I
83
00:04:44,160 --> 00:04:46,200
looked at Forbes and there was
this cover.
84
00:04:46,200 --> 00:04:51,200
It says Kylie Jenner first made
or self-made made billionaire.
85
00:04:51,600 --> 00:04:56,720
And I, I have to tell you that
when, when the this podcast
86
00:04:56,720 --> 00:04:59,640
makes $1 trillion because we're
going to be trillionaires off
87
00:04:59,640 --> 00:05:00,840
this podcast.
I'll tell you that much.
88
00:05:01,720 --> 00:05:05,400
Well, I was never self-made.
I, I, I don't see how I could
89
00:05:05,400 --> 00:05:10,000
identify as that so selfishly
and so and look in the mirror
90
00:05:10,000 --> 00:05:14,040
and not laugh at myself for
saying that I built my whole
91
00:05:14,040 --> 00:05:16,120
life from the ground up from
nothing.
92
00:05:16,120 --> 00:05:19,360
I think that that's hilarious
that she said that like and I, I
93
00:05:19,360 --> 00:05:22,960
don't.
It's, it's, it's incredibly
94
00:05:24,640 --> 00:05:28,360
self-centered, I would think.
I mean, I, I didn't do what I
95
00:05:28,360 --> 00:05:33,120
did, I didn't do on my own.
I, I didn't, I, I happened to
96
00:05:35,400 --> 00:05:39,480
Trump through life and trip over
things and recognize them.
97
00:05:40,120 --> 00:05:42,840
I think I was given opportunity
because I worked for certain
98
00:05:42,840 --> 00:05:49,240
things and I, I had a certain
level of integrity that frankly,
99
00:05:49,240 --> 00:05:51,920
a lot of people don't have, you
know, Well, I think you had a.
100
00:05:51,920 --> 00:05:54,840
Partner too that was willing to
help you through thick and thin.
101
00:05:55,240 --> 00:05:56,600
A lovely woman.
Both.
102
00:05:56,840 --> 00:05:58,640
Are you talking about mom?
Called my mom.
103
00:05:58,640 --> 00:05:59,960
Yeah, yeah, yeah.
OK.
104
00:05:59,960 --> 00:06:02,600
I was talking about my first
business partner was the same
105
00:06:02,600 --> 00:06:05,080
way him and I were.
Like I was talking about mom,
106
00:06:05,080 --> 00:06:06,280
but yeah, we.
Were married.
107
00:06:06,480 --> 00:06:09,080
We were, I mean, for all intents
and purposes, we were married
108
00:06:09,080 --> 00:06:14,760
for like 18 years.
You know, it was very anything,
109
00:06:14,840 --> 00:06:16,440
anything you need.
What do you need?
110
00:06:17,120 --> 00:06:21,200
What we what you know, that was
that there was no and there was
111
00:06:21,200 --> 00:06:25,920
no like worry about anything
ever not being taken care of
112
00:06:25,920 --> 00:06:28,920
when I wasn't there it.
And yeah, I mean the beginning.
113
00:06:28,920 --> 00:06:32,480
It's your own little psycho that
they can't do it without me.
114
00:06:32,480 --> 00:06:35,120
And in reality they can and you
can do it without them.
115
00:06:35,120 --> 00:06:37,320
And that that, you know, it's,
it's a hard thing to let go of
116
00:06:37,320 --> 00:06:39,760
that, but.
I think you still can't negate
117
00:06:39,760 --> 00:06:41,360
the the supportive spouse
though.
118
00:06:41,800 --> 00:06:45,400
I think you can't do that, yeah.
Yeah, there was just so many,
119
00:06:45,400 --> 00:06:52,680
many, many things that that she
allowed me to put the business
120
00:06:52,680 --> 00:06:58,200
first.
Almost always, you know, you
121
00:06:58,200 --> 00:07:00,280
just can't go.
I got to go to a show, can't do
122
00:07:00,320 --> 00:07:01,720
this.
I got to go to a show, can't do
123
00:07:01,720 --> 00:07:03,160
this.
I got to do a speech, can't do
124
00:07:03,160 --> 00:07:03,920
this.
I got to do that.
125
00:07:05,040 --> 00:07:06,160
What are you doing?
What are you doing?
126
00:07:06,480 --> 00:07:09,080
And then we got into calendars
and we would try to sync
127
00:07:09,080 --> 00:07:11,520
calendars.
So everything was, you know, but
128
00:07:11,520 --> 00:07:14,840
I mean, when you came along, I,
I, luckily I was in the throes
129
00:07:14,840 --> 00:07:17,440
of retirement for the for the
first few years.
130
00:07:17,440 --> 00:07:20,200
So there, there wasn't anything
to, you know, what are you
131
00:07:20,200 --> 00:07:22,080
doing?
I'm going to Zach's school.
132
00:07:22,640 --> 00:07:24,520
Oh, OK.
What are you doing?
133
00:07:24,520 --> 00:07:28,200
Was still working though when I
was 5 right?
134
00:07:28,200 --> 00:07:33,640
Yeah, or like 4.
Yeah, probably four or five up
135
00:07:33,680 --> 00:07:36,720
until 5:00.
That's when I come home, yeah.
136
00:07:37,320 --> 00:07:39,280
Yeah, that's when I quit smoking
because you found the Marlboros
137
00:07:39,280 --> 00:07:42,160
in my truck.
Who?
138
00:07:42,160 --> 00:07:43,920
Whose are these?
Somebody must have left them
139
00:07:43,920 --> 00:07:46,960
there.
And then I was like, I can't, I
140
00:07:46,960 --> 00:07:48,800
can't hide and lie to my kid
anymore.
141
00:07:49,080 --> 00:07:51,280
This is ain't.
Gonna change I'm glad I didn't
142
00:07:51,280 --> 00:07:54,120
find the the crack you know I
would have been I would have
143
00:07:54,120 --> 00:07:56,720
been a tough explanation would
have been a really tough
144
00:07:56,720 --> 00:07:59,240
explanation I.
Usually always smoke my all my
145
00:07:59,240 --> 00:08:00,840
rocks as soon as I bought on
them.
146
00:08:00,840 --> 00:08:02,000
I did not.
I didn't.
147
00:08:02,000 --> 00:08:04,720
I didn't like stuff them
somewhere for later that's.
148
00:08:04,720 --> 00:08:07,840
Why we never had the TV 'cause
you kept pawning the TV all the
149
00:08:07,840 --> 00:08:09,560
time and then you have to go get
it back.
150
00:08:09,560 --> 00:08:11,880
Mom will go get it back and, and
things like that.
151
00:08:12,080 --> 00:08:14,200
But no, nonetheless, that was an
idea.
152
00:08:14,200 --> 00:08:17,480
And then also financial planning
for the future for young people
153
00:08:17,480 --> 00:08:21,600
was another idea that somebody
told me about and.
154
00:08:21,960 --> 00:08:24,960
Oh, I love that you.
Have a level of knowledge of
155
00:08:24,960 --> 00:08:28,120
financial planning that not a
lot of people have and also I
156
00:08:28,120 --> 00:08:29,320
think we've talked about.
It seems so.
157
00:08:29,720 --> 00:08:34,200
The thing is so silly to me and
you know, and, and, and I and
158
00:08:34,200 --> 00:08:37,400
even even a lot of my friends
are not and, and I have a
159
00:08:37,400 --> 00:08:40,880
business degree.
I'm not like Mr. Advanced
160
00:08:40,880 --> 00:08:45,120
Financial, CFACF, whatever the
hell it is, certified financial
161
00:08:45,120 --> 00:08:46,520
planner or not, none of that
stuff.
162
00:08:46,880 --> 00:08:49,120
But I know enough about it.
I've seen the markets and I've
163
00:08:49,120 --> 00:08:56,200
seen what people do and how they
get, you know, screwed by the
164
00:08:56,680 --> 00:08:59,840
Merrill Lynch's and the Goldman
Sachs and the Morgan Stanley's
165
00:08:59,840 --> 00:09:03,320
and the JP Morgan's and all them
when they manage your money and
166
00:09:03,320 --> 00:09:07,200
for a 1% fee plus, you know,
some percentage and that, you
167
00:09:07,200 --> 00:09:10,320
know, you, you, you, you earn
half of what the market does
168
00:09:10,320 --> 00:09:12,640
when all you have to really do.
And, and I think The thing is,
169
00:09:12,640 --> 00:09:16,680
is people are frightened that
somehow if they put it in a
170
00:09:16,960 --> 00:09:21,880
professional's hands that it's
going to be taken care of and
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00:09:21,880 --> 00:09:25,880
it's going to do better than if
they just put it into a fund
172
00:09:26,200 --> 00:09:31,520
that mimics the market and leave
it there and just let it go just
173
00:09:31,760 --> 00:09:33,000
everyday.
And no one touches it.
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00:09:33,000 --> 00:09:34,600
No one manages it and just
grows.
175
00:09:35,080 --> 00:09:39,760
And, and 'cause I, I have tried
those money managers and you've
176
00:09:39,760 --> 00:09:42,480
seen it over and over and over
again.
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00:09:43,320 --> 00:09:46,920
They lose, they lose over time,
they always lose.
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00:09:47,600 --> 00:09:50,040
And when and when someone, and
here's The thing is, is their
179
00:09:50,040 --> 00:09:54,920
goal, it's not to beat the
market, it's to meet the market.
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00:09:54,920 --> 00:10:01,760
And you're thinking like, well,
so, so your goal is to do as
181
00:10:01,760 --> 00:10:10,400
good as me putting my money in a
fund that that that that's just
182
00:10:10,400 --> 00:10:13,160
going to mimic the market.
And it's like, why would that
183
00:10:13,160 --> 00:10:16,440
be, you know?
To that extent, too, it was
184
00:10:16,440 --> 00:10:17,680
funny.
There's this guy named Martin
185
00:10:17,720 --> 00:10:20,880
Shkreli who got in trouble for
insider trading years ago and
186
00:10:20,880 --> 00:10:23,200
misleading investors, and he's
in prison for a long time.
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00:10:23,440 --> 00:10:25,320
But there was a phone call
'cause he used to do this online
188
00:10:25,320 --> 00:10:26,920
Internet show and this guy calls
in.
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00:10:26,920 --> 00:10:30,000
He's a young guy.
I think he got lucky either on
190
00:10:30,000 --> 00:10:31,600
the stock market or was from
inheritance.
191
00:10:31,600 --> 00:10:34,040
And he had about like 150, two,
$100,000.
192
00:10:34,320 --> 00:10:36,760
And he calls Martin Scarrelli
and he's like, So what would you
193
00:10:36,760 --> 00:10:37,960
do?
Like, how would you set up a
194
00:10:37,960 --> 00:10:39,280
portfolio?
He's like, well, that's just not
195
00:10:39,280 --> 00:10:41,360
enough money to start.
That's not enough money to even
196
00:10:41,360 --> 00:10:42,880
get close to invest in the stock
market.
197
00:10:42,880 --> 00:10:44,160
You shouldn't even be concerned
about that.
198
00:10:44,160 --> 00:10:45,880
You should be concerned about
starting your own business.
199
00:10:46,160 --> 00:10:49,960
And I find that interesting too,
because if he, I think this was
200
00:10:49,960 --> 00:10:54,200
around like 2008, if that guy
with the the inheritance or
201
00:10:54,200 --> 00:10:57,920
however he met the money found
something that he trusted in.
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00:10:58,040 --> 00:11:01,040
And then I don't know why these
people make it seem like it's
203
00:11:01,040 --> 00:11:05,000
such a foreign kind of idea.
The stock market, they make it
204
00:11:05,000 --> 00:11:07,440
seem overcomplicated and they
make it.
205
00:11:07,560 --> 00:11:11,000
And they also diminish people
that try to do it at an entry
206
00:11:11,000 --> 00:11:14,080
level place as well because they
think that there's so much
207
00:11:14,080 --> 00:11:17,600
smarter and there's such a level
of elitism in this kind of
208
00:11:17,600 --> 00:11:19,280
stage.
And if you actually just
209
00:11:19,280 --> 00:11:21,560
understood that you took a
company and you said, OK, where
210
00:11:21,560 --> 00:11:23,440
will it be in five to 10 years
to have you trusted it your
211
00:11:23,440 --> 00:11:24,760
entire life?
Do you believe in it?
212
00:11:24,760 --> 00:11:27,120
Do you think it will exist?
And then you invest, I don't
213
00:11:27,120 --> 00:11:29,000
know, a certain amount of money
that you don't need to be
214
00:11:29,000 --> 00:11:33,160
liquidated in that company.
Chances are they all do pretty
215
00:11:33,160 --> 00:11:35,680
fucking well.
Chances are right.
216
00:11:35,680 --> 00:11:38,240
That's it.
And it's really that simple.
217
00:11:38,240 --> 00:11:41,800
And a lot of people don't see
that because of the gatekeepers
218
00:11:41,800 --> 00:11:43,200
out there.
And I think that they're, well,
219
00:11:43,200 --> 00:11:45,160
the gatekeepers are all.
Going to say that they're,
220
00:11:45,160 --> 00:11:47,240
they're, they're worried that
you don't have professional
221
00:11:47,240 --> 00:11:49,360
advice and you don't have
analysts and we research
222
00:11:49,360 --> 00:11:51,040
everything and we do all this
kind of stuff like that.
223
00:11:51,040 --> 00:11:56,760
But though, though, if, if I
consistently beat the market
224
00:11:56,760 --> 00:12:01,520
over time, that means that I
beat something that's random.
225
00:12:02,680 --> 00:12:09,280
And I mean, if the randomness
beats me over time, which it
226
00:12:09,280 --> 00:12:13,320
does, why would I, why would I?
Hey you.
227
00:12:13,520 --> 00:12:15,680
And that's usually the thing
they usually will compute what
228
00:12:15,680 --> 00:12:20,200
they're, what they're, what
they've made before their fees,
229
00:12:20,240 --> 00:12:24,680
which jacks it up by 1 or 2%,
you know, which is kind of, I
230
00:12:24,680 --> 00:12:25,920
mean, that's another thing that
comes up.
231
00:12:25,920 --> 00:12:28,360
We made 8.8 point percent last
year and it's like, well, the
232
00:12:28,360 --> 00:12:31,560
market went up 22.
I mean, last year was sort of
233
00:12:31,560 --> 00:12:35,000
the nail in the coffin for my,
my latest financial advisor
234
00:12:35,000 --> 00:12:39,120
because I'd given them, I
usually give a chunk of money to
235
00:12:39,120 --> 00:12:41,440
people every so often to see if
they can do something better
236
00:12:41,440 --> 00:12:43,320
than what I'm doing.
And they didn't.
237
00:12:43,560 --> 00:12:44,880
Sure.
And what does that mean?
238
00:12:44,880 --> 00:12:48,880
I try what, what is, you know,
the market went up 28% last
239
00:12:48,880 --> 00:12:49,240
year.
Why?
240
00:12:49,440 --> 00:12:53,440
You know, we didn't get 28%.
Well, well, no, we only got, we,
241
00:12:53,440 --> 00:12:56,360
we got 9.
And it's like, well, I just put
242
00:12:56,360 --> 00:13:00,440
my money in, you know, the
Vanguard, whatever the, the
243
00:13:00,440 --> 00:13:06,160
Russell 2000 and it was up 34%.
So that means all the money I
244
00:13:06,160 --> 00:13:10,200
put in went up 1/3.
It's like, holy crap.
245
00:13:10,640 --> 00:13:14,760
Wealth managers for me are under
the same occupation as used car
246
00:13:14,760 --> 00:13:18,320
salesman, car salesman and then
realtor.
247
00:13:18,800 --> 00:13:20,440
I would agree.
I would agree with that, which
248
00:13:20,480 --> 00:13:23,680
is somehow in this society that
we live in, specifically in
249
00:13:23,680 --> 00:13:28,720
America, we've let snake oil
salesman have actual jobs and I
250
00:13:28,720 --> 00:13:32,520
don't understand how we see them
do that.
251
00:13:32,520 --> 00:13:35,320
I don't understand how we it's.
Very easy.
252
00:13:35,320 --> 00:13:40,240
It's, it's a financial market
that grew from, you did not see
253
00:13:40,240 --> 00:13:45,280
the proliferation of advisors
until like the mid 80s.
254
00:13:45,280 --> 00:13:48,480
And then it just sort of blew up
with the whole people can't
255
00:13:48,480 --> 00:13:50,640
manage their own money 'cause
they would put their own wealth
256
00:13:50,640 --> 00:13:52,080
and they wouldn't put it in the
stock market.
257
00:13:52,080 --> 00:13:54,080
And everybody's trying to pull
them in the stock market cause
258
00:13:54,080 --> 00:13:57,120
stock market was doing, you
know, 1012% and they were all
259
00:13:57,120 --> 00:14:03,200
had most people I guess up into
the 50s and 60s and 70s had
260
00:14:03,760 --> 00:14:08,320
defined benefit.
What do you call them plans?
261
00:14:08,800 --> 00:14:12,240
So when they retired, they were
going to, you were going to get
262
00:14:12,240 --> 00:14:14,640
a, an X dollar amount per you
weren't going to.
263
00:14:14,640 --> 00:14:18,520
And then all of a sudden the
four O 1K thing came in, which
264
00:14:18,520 --> 00:14:22,640
is defined contribution plan.
So this means that you saving
265
00:14:22,640 --> 00:14:26,040
for the future have to decide
what you're going to do with the
266
00:14:26,040 --> 00:14:27,360
money.
And you put it in and you have
267
00:14:27,360 --> 00:14:30,040
a, a list of funds that are at
the company level.
268
00:14:30,440 --> 00:14:31,840
And then there there you have
it.
269
00:14:31,840 --> 00:14:35,600
You have the individual walking
in and people are frightened to
270
00:14:35,600 --> 00:14:41,440
plan their financial future and
it's they think that there are
271
00:14:41,440 --> 00:14:44,000
other people that know how to do
it better than them.
272
00:14:44,520 --> 00:14:48,920
And unfortunately those people
are actually planning their own
273
00:14:48,960 --> 00:14:52,560
personal financial future.
Provide, you know, with a piece
274
00:14:52,560 --> 00:14:54,920
of what they make off of what
you give them.
275
00:14:55,600 --> 00:15:01,520
And that is, you know, I mean,
in a true perfect world, if I
276
00:15:01,520 --> 00:15:06,160
was a, if I was a wonderful
financial planner or financial
277
00:15:06,720 --> 00:15:13,240
wealth person, I, you would give
me $1000 and I would say, OK,
278
00:15:16,760 --> 00:15:19,080
I'm not going to charge you a
management fee of 1% or a half
279
00:15:19,080 --> 00:15:20,560
percent because that's what a
lot of people do.
280
00:15:21,160 --> 00:15:22,640
Which what does that mean?
I don't know.
281
00:15:22,640 --> 00:15:23,560
You're not really doing
anything.
282
00:15:23,560 --> 00:15:26,280
You take money, you put in the
stock market and then you get a
283
00:15:26,280 --> 00:15:30,120
piece, you get like usually 20
to 50% of whatever the upside
284
00:15:30,120 --> 00:15:31,520
is.
Sometimes they'll have, or
285
00:15:31,520 --> 00:15:35,880
they'll have a fixed 1% or 2% or
5% or whatever of the upside.
286
00:15:36,400 --> 00:15:42,800
So, so when I look at them, I'm
like, you know, that's, there's
287
00:15:42,800 --> 00:15:44,720
an, they'll say we'll see if you
get a percentage.
288
00:15:44,720 --> 00:15:46,440
Then there's an, there's an
incentive to grow.
289
00:15:46,440 --> 00:15:50,440
And it's like, well, if I give
you $1,000,000 and you grow it
290
00:15:50,440 --> 00:15:53,840
by 10,000, I mean, I'm, you
know, and it could have grown it
291
00:15:53,840 --> 00:16:01,080
by 300,000.
Well, you still got your, your
292
00:16:01,080 --> 00:16:05,400
$10,000 fee and it's like, well,
you didn't really earn it.
293
00:16:05,400 --> 00:16:08,960
You, you got hammered.
You're not, you're not.
294
00:16:08,960 --> 00:16:11,440
If you can't beat the market,
then why wouldn't you?
295
00:16:11,440 --> 00:16:15,440
Just why would, why shouldn't I
put my money just in?
296
00:16:15,440 --> 00:16:18,520
And when I say the market, I'm
saying an index fund that
297
00:16:19,040 --> 00:16:20,680
Vanguard has them, Fidelity has
them.
298
00:16:20,680 --> 00:16:22,440
They all, all the different
funds have them.
299
00:16:22,440 --> 00:16:29,880
They charge a .75 or a .65
percentage to, to invest in that
300
00:16:30,240 --> 00:16:32,760
or ETFs.
You can buy and sell them and
301
00:16:32,760 --> 00:16:35,400
trade them, which is exchange
traded fund.
302
00:16:36,840 --> 00:16:40,360
And they traded at a price and
that's a price of 1 stock or
303
00:16:40,360 --> 00:16:44,200
basket of stocks representing
the Fortune or the, you know,
304
00:16:44,200 --> 00:16:49,080
the Russell 2000 or the Fortune
500 or the Fortune 1000 or the
305
00:16:49,080 --> 00:16:52,240
S&P 500 or you know, there's all
sorts of different baskets.
306
00:16:52,640 --> 00:16:59,040
And that's a, a microcosm of
what, what the market is.
307
00:16:59,720 --> 00:17:05,520
And since 19, whenever that,
that that has been around the
308
00:17:05,560 --> 00:17:08,599
average rate, I think it's like
8 or 9%.
309
00:17:08,880 --> 00:17:10,880
So if you put your money, you
throw it in the market, you put
310
00:17:10,880 --> 00:17:13,359
in an index fund, you leave it,
you're going to get 8 or 9% a
311
00:17:13,359 --> 00:17:14,400
year.
You're not going to get it
312
00:17:14,400 --> 00:17:15,480
consistently.
You're going to get, you're
313
00:17:15,480 --> 00:17:17,400
going to get 34% this year.
You're going to get, you're
314
00:17:17,400 --> 00:17:19,800
going to get a -10% next year.
You're going to get, you're
315
00:17:19,800 --> 00:17:22,960
probably going to get -10% this
year, it's already got down 8%.
316
00:17:23,440 --> 00:17:25,800
So those are the kind of things
that you're going to have to
317
00:17:25,800 --> 00:17:29,800
live through.
And I think that people feel
318
00:17:29,800 --> 00:17:33,760
that, that people that have
analysts behind him and a big
319
00:17:33,760 --> 00:17:36,800
name like a Merrill Lynch or JP,
what everybody else does, you
320
00:17:36,800 --> 00:17:43,000
know, when it's those, they were
not those huge, huge amounts of
321
00:17:43,000 --> 00:17:44,600
money coming into them and
behind them.
322
00:17:44,600 --> 00:17:51,000
And it's like, I don't, I, I, I
don't, I don't, I don't, I think
323
00:17:51,000 --> 00:17:54,160
people feel like you have to put
more time in when, when the guy
324
00:17:54,160 --> 00:17:56,680
that's managing their money
probably puts in 2 minutes a
325
00:17:56,680 --> 00:18:00,520
month if it most.
And and that's up to call you to
326
00:18:00,520 --> 00:18:05,280
say that you're fucked, Bob.
And it's gone.
327
00:18:05,800 --> 00:18:08,560
Yeah, and it's gone.
You remember that?
328
00:18:08,560 --> 00:18:11,640
I mean, I don't have anyone.
I don't.
329
00:18:11,640 --> 00:18:17,440
I haven't had a single person
tell me yet that their financial
330
00:18:17,440 --> 00:18:24,080
advisor broker person was doing.
Well, for them I've never heard
331
00:18:24,080 --> 00:18:26,080
that either.
They were always saying they're
332
00:18:26,080 --> 00:18:29,600
doing OK.
And then if I pose a question
333
00:18:29,600 --> 00:18:30,880
like, were they better than the
market?
334
00:18:30,880 --> 00:18:33,920
And then the question is that
they beat an index fund.
335
00:18:34,800 --> 00:18:38,640
And then they're like, well, I
don't know, you know.
336
00:18:38,960 --> 00:18:41,680
And I mean, I, I, I've had them
try to slice and dice the
337
00:18:41,680 --> 00:18:43,080
numbers and pitch them back to
me.
338
00:18:43,080 --> 00:18:46,840
I had this guy that we we first
started using stuff and the wife
339
00:18:46,840 --> 00:18:52,680
was like skeptical of me, just
the money and index funds and
340
00:18:52,680 --> 00:18:55,440
saying, well, you know, you're
not, you didn't go to school for
341
00:18:55,440 --> 00:18:56,480
that.
You don't you know, it's like,
342
00:18:56,480 --> 00:18:58,040
yeah, that's cool.
I understand that.
343
00:18:58,040 --> 00:19:03,040
So we put, we gave this guy at
Merrill lunch 100 grand and he
344
00:19:03,160 --> 00:19:10,200
and I said have at it go crazy.
And he lost immediately within
345
00:19:10,200 --> 00:19:14,440
the first two or three weeks.
It went down about 6 or 7000 and
346
00:19:14,440 --> 00:19:16,480
then and he had it for three
years.
347
00:19:16,480 --> 00:19:20,120
So I was not going to be crazy,
you know, And at the end of
348
00:19:20,120 --> 00:19:27,440
three years, it was at like 100
and pennies or dollars or
349
00:19:27,440 --> 00:19:30,280
something like that, 100,000 and
100,000 and two, something like
350
00:19:30,280 --> 00:19:31,360
that.
Very, very minimal.
351
00:19:32,240 --> 00:19:35,920
And, and he proceeds to tell me
that he had like an 18%
352
00:19:35,920 --> 00:19:40,080
increase.
And I'm going to like, and he
353
00:19:40,080 --> 00:19:43,480
and he said, well, last year it
was at, it was at 87.
354
00:19:43,760 --> 00:19:48,600
And I was like, yeah, but, but,
but I gave you 100.
355
00:19:48,640 --> 00:19:50,280
And he goes, well, we're not
measuring from there.
356
00:19:50,280 --> 00:19:54,200
And I'm going like, well, I am.
We're we're measuring from what
357
00:19:54,200 --> 00:19:57,160
I lost, all right.
Exactly.
358
00:19:57,920 --> 00:20:01,040
And the year that he lost, it
was not a down year in the
359
00:20:01,040 --> 00:20:03,240
market.
And that's the and I was just,
360
00:20:03,240 --> 00:20:06,640
and that's when I was like, you
know, if you, if you lost money
361
00:20:07,160 --> 00:20:09,840
the year of the housing crash,
when the whole industry went
362
00:20:09,840 --> 00:20:12,200
down 28%.
Well, no kidding.
363
00:20:13,640 --> 00:20:17,840
You know, I think I was down 14
or 13% something like that I got
364
00:20:17,880 --> 00:20:20,560
or not even that.
I Remember Me and you made a
365
00:20:20,560 --> 00:20:24,280
mock portfolio for me when I was
around 13 and it was a fake one.
366
00:20:24,280 --> 00:20:27,600
And you said, all right, why
don't you go in here with this
367
00:20:27,600 --> 00:20:31,400
theoretical money that you have.
And it really seemed as if from
368
00:20:31,400 --> 00:20:36,320
about 2012 until what was it, I
think it was around 2018-2019,
369
00:20:36,440 --> 00:20:38,520
you couldn't really pick a wrong
stock.
370
00:20:38,760 --> 00:20:40,720
Twenty O 8 was the crash, yeah.
Yeah, yeah.
371
00:20:40,920 --> 00:20:46,600
But I'm talking about 20 that.
Was 23% down in one year the Oh
372
00:20:46,600 --> 00:20:47,800
yeah, that's right, you were
later.
373
00:20:48,440 --> 00:20:50,920
You missed that.
Yeah, we started when I.
374
00:20:50,920 --> 00:20:53,920
Was 13, so 2012.
You know, I mean, last year was
375
00:20:53,960 --> 00:20:58,280
28%.
Think about that, that, that
376
00:20:58,280 --> 00:21:01,120
means that if you put a dollar
in the market, you have $1.28
377
00:21:02,360 --> 00:21:04,800
that I mean that's, that's
incredible.
378
00:21:04,920 --> 00:21:08,080
That's just incredible. 2 years
ago I think it was 30%.
379
00:21:08,080 --> 00:21:12,200
You know, so it's, it's been,
it's been exceptional for a long
380
00:21:12,200 --> 00:21:14,320
time.
I am looking for a haircut of
381
00:21:14,320 --> 00:21:17,280
1/3 because of what is going on
in the marketplace now.
382
00:21:17,440 --> 00:21:19,240
Oh yeah, it's going.
It's going to get expecting.
383
00:21:19,240 --> 00:21:24,480
Worse and, and I would tell you
that I am 80% out right now,
384
00:21:24,840 --> 00:21:28,400
85%.
So if something goes completely
385
00:21:28,400 --> 00:21:36,320
wrong instead of my dollar will
be worth only $0.20 of my dollar
386
00:21:36,320 --> 00:21:40,400
is in the market.
So if the market goes down 10%
387
00:21:40,600 --> 00:21:43,120
or let's no, let's say it goes
down 30% because it's already
388
00:21:43,120 --> 00:21:46,840
down 8.
If it goes down 30%, I'm going
389
00:21:46,840 --> 00:21:55,560
to lose what is that I would
lose seven cents, $0.06.
390
00:21:56,000 --> 00:22:01,720
I'm going to lose 6 cents on my
out of my 100 instead of $0.30.
391
00:22:01,840 --> 00:22:04,520
So for me it's like because I
don't trust it right now.
392
00:22:04,720 --> 00:22:11,720
But on the other end, a large
portion of my money is in, is in
393
00:22:12,480 --> 00:22:17,480
a, what do you call it, money
market fund, Vanguard in
394
00:22:17,480 --> 00:22:21,280
particular, and it's returning a
little over, it's about 5 1/2%,
395
00:22:21,800 --> 00:22:26,880
which is to me is phenomenal. 5
1/2% on your money means that if
396
00:22:26,880 --> 00:22:29,040
you put $100 in, you got 105 at
the end of the.
397
00:22:29,040 --> 00:22:30,880
Year you got, that's great.
You know that's.
398
00:22:30,880 --> 00:22:32,200
Fantastic.
Yeah.
399
00:22:33,040 --> 00:22:36,800
What was another idea that
somebody was mentioning to me?
400
00:22:36,800 --> 00:22:39,000
Did you have any ideas about
future episodes?
401
00:22:39,000 --> 00:22:40,600
Because that's kind of what this
is about.
402
00:22:40,880 --> 00:22:45,760
When I when I think about future
episodes, it's what are the
403
00:22:45,760 --> 00:22:49,560
objects that you are, the
cluttering your life, You know,
404
00:22:49,960 --> 00:22:52,920
we think about that.
That in a way, organization with
405
00:22:52,920 --> 00:22:55,480
Marie Kondo.
We remember that we talked about
406
00:22:55,480 --> 00:23:00,480
Marie Kondo and the whole idea
of Marie Kondo invented this
407
00:23:00,480 --> 00:23:04,080
idea, this kind of philosophy.
Oh, if you don't use something
408
00:23:04,080 --> 00:23:06,440
for such and such time, OK, how
does it?
409
00:23:06,440 --> 00:23:09,440
Make you feel if you don't enjoy
it or something, throw it away,
410
00:23:09,840 --> 00:23:12,320
right.
It was kind of almost a what is
411
00:23:12,320 --> 00:23:14,200
that called?
The form of poetry.
412
00:23:14,360 --> 00:23:16,600
It's not alliteration.
That's a that's.
413
00:23:17,880 --> 00:23:19,120
AI think we call it chick
canning.
414
00:23:19,840 --> 00:23:21,600
Yeah, exactly.
I think that's what we're
415
00:23:21,600 --> 00:23:23,920
calling it.
But yeah, I don't know.
416
00:23:24,120 --> 00:23:27,560
Or anthro.
I can't even pronounce it.
417
00:23:28,120 --> 00:23:31,400
Clean water in America.
Anthro clean water.
418
00:23:31,720 --> 00:23:32,520
In the US, I can't.
I don't know how.
419
00:23:32,520 --> 00:23:37,240
To pronounce Oh yeah, that that
would be a good 130% of people
420
00:23:37,240 --> 00:23:38,600
don't have access to clean
drinking water.
421
00:23:39,200 --> 00:23:42,160
Yeah, I would like to do.
What I would like to do if we're
422
00:23:42,160 --> 00:23:47,680
going to do something like that
is I would like to have 10 or 15
423
00:23:47,680 --> 00:23:52,880
research questions that we ask
each other, like how many
424
00:23:53,120 --> 00:23:59,120
population that has access in
the US, number of cities that
425
00:23:59,120 --> 00:24:02,720
don't, and just and write down a
list of questions.
426
00:24:02,720 --> 00:24:06,640
And before we start the podcast,
I want to look up those answers
427
00:24:06,640 --> 00:24:10,120
and have them.
So they give us sort of fodder
428
00:24:10,120 --> 00:24:12,360
to talk about as we go through
it, because I think that that
429
00:24:12,360 --> 00:24:13,640
would be something really
interesting.
430
00:24:13,960 --> 00:24:16,640
And you know, it was be like,
oh, you clean water because
431
00:24:16,640 --> 00:24:19,240
everybody thinks Flint, you
think Flint, MI, they're still
432
00:24:19,240 --> 00:24:22,040
doing bottled water.
But now I talk to people in West
433
00:24:22,040 --> 00:24:23,640
Virginia and they're like, no,
no, we don't use that.
434
00:24:23,640 --> 00:24:25,040
We use bottled water.
What?
435
00:24:26,000 --> 00:24:28,200
And there's people in Michigan.
No, no, no, we don't drink the
436
00:24:28,200 --> 00:24:28,800
water there.
We drink.
437
00:24:29,480 --> 00:24:35,080
I'm like, I thought, I thought
that in the USI mean we're,
438
00:24:35,240 --> 00:24:39,400
we're the arguably the richest
nation, 2nd, 3rd, 4th, 5th
439
00:24:39,400 --> 00:24:44,560
richest nation in the world.
And we don't give clean water to
440
00:24:44,560 --> 00:24:48,520
people.
I mean, that is, you know, what
441
00:24:48,520 --> 00:24:53,360
we call, I mean, when I think of
other things like pollution,
442
00:24:53,520 --> 00:24:55,800
pollution in my lifetime, I
mean, it's, it's been
443
00:24:56,200 --> 00:25:01,000
dramatically changed on the
things that that we as a society
444
00:25:01,000 --> 00:25:02,680
have done.
I, you know, and I think I've
445
00:25:02,680 --> 00:25:04,800
talked a little bit about it.
I don't know if that's something
446
00:25:05,120 --> 00:25:09,360
have we remember?
I remember when I was young that
447
00:25:09,360 --> 00:25:12,200
when you cleaned it out, I think
I mentioned this in a podcast
448
00:25:12,200 --> 00:25:14,800
where when people would just
throw their their trash right
449
00:25:14,800 --> 00:25:17,120
out of the window.
Yeah, we talked about the Clean
450
00:25:17,120 --> 00:25:20,760
Water Act under Nixon 1972.
Was it?
451
00:25:21,680 --> 00:25:22,760
We talked about that.
Maybe that's.
452
00:25:22,760 --> 00:25:24,960
Why kind of did talk about
pollution to some degree, I'm
453
00:25:25,080 --> 00:25:27,400
not going to lie, but I think
specifically clean water we
454
00:25:27,400 --> 00:25:31,120
could, we could do I think clean
water today that would be a good
455
00:25:31,120 --> 00:25:32,600
one.
You know what?
456
00:25:32,600 --> 00:25:36,680
I also thought my asphalt days.
Creating a a business plan for
457
00:25:36,680 --> 00:25:38,720
my business.
That might be that might be an
458
00:25:38,720 --> 00:25:40,920
interesting episode.
Yep, that's good.
459
00:25:41,320 --> 00:25:42,640
Well, I'm going to Mongolia
here.
460
00:25:42,640 --> 00:25:44,560
We're going to go do pre
production for this this
461
00:25:44,560 --> 00:25:47,520
documentary, and I think that
that would be kind of cool
462
00:25:48,520 --> 00:25:49,680
thinking of what we're going to
do.
463
00:25:49,680 --> 00:25:51,680
And then we're wrapping this
next project here in the coming
464
00:25:51,680 --> 00:25:54,080
month.
So you're not really looking for
465
00:25:54,080 --> 00:25:55,600
a business plan, you're looking
for a project plan.
466
00:25:56,600 --> 00:25:59,000
Yeah.
Well, distribution plan more so
467
00:25:59,400 --> 00:26:00,840
I think that that's really what,
yeah.
468
00:26:00,840 --> 00:26:06,320
OK.
So this project on a board, you
469
00:26:06,320 --> 00:26:11,600
want to write down first how you
want to do it, who you want to
470
00:26:11,600 --> 00:26:15,520
include, what it's going to
cost, how you're going to market
471
00:26:15,520 --> 00:26:20,040
it, who you're going to sell it
to, who, where, when, what, why
472
00:26:20,040 --> 00:26:21,400
and how.
I mean, those are the questions
473
00:26:21,400 --> 00:26:23,960
you generally ask when you're
asking a business plan and about
474
00:26:23,960 --> 00:26:26,280
how you're going to do it.
And it gives you an idea of
475
00:26:26,280 --> 00:26:28,760
scope, like how large is this
thing?
476
00:26:28,760 --> 00:26:31,600
Is this, is this a $200,000
project, you think?
477
00:26:32,000 --> 00:26:34,720
Any idea?
And, and, and you don't have to
478
00:26:34,720 --> 00:26:36,560
know.
You don't have to know for sure.
479
00:26:36,560 --> 00:26:38,680
You just say, well, we're going
to do airfare there.
480
00:26:38,680 --> 00:26:41,280
We're probably going to go there
four times each or three times
481
00:26:41,280 --> 00:26:42,400
each.
We're going to meet people.
482
00:26:42,680 --> 00:26:46,640
I'm going to have to pay my
average cost for a, a person who
483
00:26:46,640 --> 00:26:51,320
edits is $5000 for per hour.
This is going to be a 2 hour
484
00:26:51,320 --> 00:26:52,960
documentary.
It's that's going to be 10.
485
00:26:52,960 --> 00:26:55,960
I'm going to need four of those.
That's going to be 40 grand.
486
00:26:57,200 --> 00:26:59,080
I'm going to have my my
photographer that's going to
487
00:26:59,080 --> 00:27:01,240
come with me, my film at film
Master guy.
488
00:27:01,440 --> 00:27:03,760
He's going to cost me 25,000
bucks.
489
00:27:04,520 --> 00:27:08,120
And each time you throw their
number out, whatever you think
490
00:27:08,120 --> 00:27:12,360
it is, add like 10% that we used
to do that we were doing when
491
00:27:12,360 --> 00:27:13,760
we're doing product planning
because.
492
00:27:14,000 --> 00:27:15,560
Fringe right?
Is that what you're kind of
493
00:27:15,560 --> 00:27:18,040
thinking about?
Yeah, because they're things
494
00:27:18,040 --> 00:27:23,000
that happen that you don't
expect and, and, and as a rule
495
00:27:23,000 --> 00:27:30,320
of thumb, it is better to come
back and say, wow, you know, I,
496
00:27:30,560 --> 00:27:35,160
I plan to spend 14,000 for the
product guy and I only spent 10.
497
00:27:36,120 --> 00:27:38,040
I mean, it's not like that
hurts.
498
00:27:38,440 --> 00:27:41,520
That's actually feels good.
It feels like, wow, I was good.
499
00:27:41,720 --> 00:27:44,840
I I overestimated a little bit.
Now, when you underestimate, but
500
00:27:45,320 --> 00:27:49,800
we're going to get the money,
it's, it's a, it's a, it's a
501
00:27:49,800 --> 00:27:51,880
hard, hard thing.
That's what you're talking
502
00:27:51,880 --> 00:27:53,520
about.
Product, You know, when we first
503
00:27:53,520 --> 00:27:57,040
started doing products, I
remember we, we did this endless
504
00:27:57,160 --> 00:28:01,600
registration database that we,
we put these two guys on it
505
00:28:01,600 --> 00:28:06,080
working full time and they
worked on it for probably 3
506
00:28:06,080 --> 00:28:08,840
months.
And after the first month they
507
00:28:08,840 --> 00:28:10,320
said it and it's only going to
be another month.
508
00:28:10,320 --> 00:28:13,160
It's going to be done.
After the second month they said
509
00:28:13,440 --> 00:28:15,920
another month it'll be done.
At the third month they said
510
00:28:15,960 --> 00:28:18,800
it's it's almost it's like 3
weeks away and.
511
00:28:19,720 --> 00:28:22,280
Sounds a little like something
in my life, I'm not going to
512
00:28:22,280 --> 00:28:22,880
lie.
Yeah, yeah.
513
00:28:22,880 --> 00:28:26,000
And The thing is, is that you
don't get it's, it's because
514
00:28:27,280 --> 00:28:29,440
then you then you sit down and
you write down and say, well,
515
00:28:29,440 --> 00:28:31,080
what are the tasks you need to
do to finish?
516
00:28:32,280 --> 00:28:34,240
And if they don't know all the
tasks, then you realize that
517
00:28:34,240 --> 00:28:35,360
it's a lot longer than you
thought.
518
00:28:35,640 --> 00:28:37,160
So it's like, what do I, what do
I need?
519
00:28:37,200 --> 00:28:39,560
What, what goes into making a
documentary?
520
00:28:39,560 --> 00:28:42,200
What are the stages and what are
the things I would get AI would
521
00:28:42,200 --> 00:28:45,440
get some type of a template that
said the making of a
522
00:28:45,440 --> 00:28:47,240
documentary.
What are all the things that go
523
00:28:47,240 --> 00:28:49,040
into it?
The the people that are
524
00:28:49,040 --> 00:28:50,680
involved, the different things
like that.
525
00:28:50,680 --> 00:28:53,960
And I would put that on a sheet
and I would write some arbitrary
526
00:28:53,960 --> 00:28:57,160
dollar amount next to each one
if I wanted to do it financially
527
00:28:57,520 --> 00:29:01,400
if I wanted to.
Kind of have a list right now of
528
00:29:01,520 --> 00:29:05,400
specified dates and deadlines of
what we need to meet, right, in
529
00:29:05,400 --> 00:29:07,200
order to shoot at a specific
time.
530
00:29:07,480 --> 00:29:09,640
But then like, it's kind of
interesting too, 'cause now that
531
00:29:09,640 --> 00:29:12,200
we talked to cultural advisors
and now that we're talking to
532
00:29:12,200 --> 00:29:14,080
more people that are on the
ground there, they're like,
533
00:29:14,080 --> 00:29:16,720
well, why aren't you coming here
during the 9 nines, which is 81
534
00:29:16,720 --> 00:29:20,600
days of negative temperatures?
Because in order to understand
535
00:29:20,600 --> 00:29:24,000
Mongolia as a whole in the
climate change, if that's what
536
00:29:24,000 --> 00:29:25,960
we're really trying to target,
which I think is definitely a
537
00:29:25,960 --> 00:29:28,760
portion of the documentary, is
you need to go there during the
538
00:29:28,760 --> 00:29:32,440
most brutal time of.
So go there, do the groundwork
539
00:29:32,560 --> 00:29:35,400
or it's it hasn't passed 9 nines
will be there.
540
00:29:36,120 --> 00:29:39,520
Yeah, right in the area.
And then?
541
00:29:39,520 --> 00:29:41,040
And then what are we talking
temperatures?
542
00:29:41,400 --> 00:29:44,640
Temperatures, we're talking
negative temperatures -20.
543
00:29:45,440 --> 00:29:46,880
Stuff like that.
When your when your mother and I
544
00:29:46,880 --> 00:29:47,880
went to Finland, it was
negative.
545
00:29:47,960 --> 00:29:50,600
It was -27.
Yeah, we're talking.
546
00:29:50,600 --> 00:29:52,000
Negatives.
So there, there are Celsius
547
00:29:52,000 --> 00:29:53,520
there, correct?
Yeah.
548
00:29:54,040 --> 00:29:57,240
So it will be negative because
it was -27 Celsius, which is
549
00:29:57,440 --> 00:30:01,640
like a negative like 19 or 18
Fahrenheit.
550
00:30:01,640 --> 00:30:02,760
I don't know, it's one or the
other.
551
00:30:02,760 --> 00:30:05,360
It's something like that.
It's not that much more It's,
552
00:30:05,360 --> 00:30:07,880
but once it's below -20 you're
just like.
553
00:30:08,680 --> 00:30:11,920
With snow storms included too.
Yeah, with snow storms make it
554
00:30:11,960 --> 00:30:16,320
much worse and, and if you got a
heavy wind, then it's going to
555
00:30:16,320 --> 00:30:18,000
be to slice in right through
you.
556
00:30:18,720 --> 00:30:23,160
But yeah, yeah, that would be,
that makes absolute sense.
557
00:30:23,240 --> 00:30:27,080
So that should, so you should
plan a trip for five days or
558
00:30:27,080 --> 00:30:29,280
whatever, whatever amount that
does that.
559
00:30:29,280 --> 00:30:31,120
And then you have to incorporate
the cost into it.
560
00:30:31,280 --> 00:30:34,120
That's what.
Kind of is going to be later on,
561
00:30:34,120 --> 00:30:37,320
because right now this first
trip coming up on the the 10th
562
00:30:37,320 --> 00:30:40,720
through the 20th is going to be
I get there on the 10th and then
563
00:30:40,720 --> 00:30:45,000
I leave on the 20th is going to
be really relationship building
564
00:30:45,600 --> 00:30:49,440
and kind of understanding a
certain level of cultural
565
00:30:49,440 --> 00:30:53,080
aspects that we aren't really
garnering from a laptop, right?
566
00:30:53,080 --> 00:30:56,120
And kind of understanding where
these people are in their lives
567
00:30:56,120 --> 00:31:00,360
career wise and social wise and
where they kind of are in
568
00:31:00,360 --> 00:31:02,400
society.
And I think that at the same
569
00:31:02,400 --> 00:31:06,080
time, too, shooting documentary,
it kind of changes all the time
570
00:31:06,440 --> 00:31:09,000
because say we go there and we
we have this idea that we're
571
00:31:09,000 --> 00:31:10,280
going to do the ninja miners,
right?
572
00:31:10,280 --> 00:31:15,600
And how mining is affected the
cultural and environmental
573
00:31:15,600 --> 00:31:17,800
aspects of Mongolia.
But then at the same time, if
574
00:31:17,800 --> 00:31:21,680
we've discover something that is
so much more ingrained in that
575
00:31:21,680 --> 00:31:24,760
message and it's more niche, I
mean, that's, that's what we're
576
00:31:24,760 --> 00:31:27,400
going to do, right?
I can imagine going to the mines
577
00:31:27,400 --> 00:31:32,320
when it's -20 I would just that
in itself standing at the open,
578
00:31:32,320 --> 00:31:34,160
the face.
And when you say the ninja mines
579
00:31:34,160 --> 00:31:37,080
are those are those something
that are under the ground or
580
00:31:37,080 --> 00:31:38,920
what?
So ninja mines primarily are
581
00:31:38,920 --> 00:31:40,840
open pits, right?
And they're abandoned gold
582
00:31:40,840 --> 00:31:42,760
mines.
And these people come from
583
00:31:42,760 --> 00:31:46,520
foreign countries or even in
Inner Mongolia and go to these
584
00:31:46,800 --> 00:31:49,920
gold mines, kind of abandoned
gold mines to get the last kind
585
00:31:49,920 --> 00:31:52,520
of.
Excerpts -20 They're digging.
586
00:31:52,520 --> 00:31:55,880
No, see, that's what we're
talking about too, is the the
587
00:31:55,880 --> 00:31:59,040
kind of the combination of
mining in Mongolia and how it's
588
00:31:59,040 --> 00:32:04,040
attributing to these sporadic
winters that have been causing,
589
00:32:04,480 --> 00:32:08,000
yeah, massive famine and also
dried land.
590
00:32:08,000 --> 00:32:09,240
Yeah.
Oh, wow.
591
00:32:09,600 --> 00:32:11,600
Wow.
So you're going to draw the,
592
00:32:11,640 --> 00:32:13,480
draw the link, the scientific
link or?
593
00:32:13,480 --> 00:32:15,160
Yeah.
So there's two kind of parts to
594
00:32:15,160 --> 00:32:15,680
it.
Yeah.
595
00:32:15,680 --> 00:32:20,080
The the, the, the winners don't
have necessarily as much to do
596
00:32:20,160 --> 00:32:22,880
with the actual aspect of
mining, but the more of the
597
00:32:22,880 --> 00:32:25,600
environmental impact.
Yeah, yeah.
598
00:32:26,080 --> 00:32:28,280
But that's what we're going to,
we're think we're going to do.
599
00:32:28,280 --> 00:32:30,160
But then at the same time, we
might get there and we might
600
00:32:30,160 --> 00:32:32,200
discover something completely
new, because I think when you
601
00:32:32,200 --> 00:32:33,760
start putting feet on the grass,
you're talking to people.
602
00:32:33,760 --> 00:32:37,000
You discover so much more.
And it starts to grow like, like
603
00:32:37,000 --> 00:32:39,360
the reason, you know, now you
have to go when it's cold.
604
00:32:39,880 --> 00:32:42,080
Yeah.
I think that in order to get an
605
00:32:42,080 --> 00:32:48,000
actual cultural basis and to not
be afraid of kind of actually
606
00:32:48,080 --> 00:32:50,280
throwing yourself into the
entire project, you need to
607
00:32:50,280 --> 00:32:53,640
suffer or not really suffer, but
to understand.
608
00:32:54,080 --> 00:32:56,880
How?
Cold it actually is.
609
00:32:56,920 --> 00:32:59,800
Instead of trying to avoid
something that is so such a big
610
00:32:59,800 --> 00:33:01,160
part of that culture.
Yeah.
611
00:33:01,960 --> 00:33:05,640
Yeah, and it's when you breathe
in and your lungs hurt.
612
00:33:06,040 --> 00:33:08,480
That's it's cold.
Exactly.
613
00:33:08,560 --> 00:33:11,440
It's real cold.
I I I've never been, I've, I've
614
00:33:11,440 --> 00:33:13,880
been to cold places.
But, you know, we were in
615
00:33:13,880 --> 00:33:15,720
Antarctica, but we were.
It's the summer and, you know,
616
00:33:15,720 --> 00:33:17,760
it was cold, but it wasn't, not
really.
617
00:33:18,000 --> 00:33:20,120
You know, when jumping in the
water, We we did we jump in the
618
00:33:20,120 --> 00:33:21,160
water?
No, we never.
619
00:33:21,160 --> 00:33:24,400
No, I didn't want to do that.
Did you do it?
620
00:33:24,800 --> 00:33:26,920
You didn't do it either.
No, no were.
621
00:33:26,920 --> 00:33:28,800
We hungover I.
Think we were.
622
00:33:28,800 --> 00:33:31,360
Drinking.
I think we were drinking and I
623
00:33:31,360 --> 00:33:32,680
we.
Were hungover and we were
624
00:33:32,680 --> 00:33:34,120
drinking.
I looked at that.
625
00:33:34,120 --> 00:33:36,160
Well, I remember jumping in in
the Galapagos and I was like
626
00:33:36,160 --> 00:33:37,040
this.
Yes, we did that.
627
00:33:37,680 --> 00:33:38,440
That's fun.
Cold.
628
00:33:38,960 --> 00:33:40,040
Well, it was.
It was cold.
629
00:33:40,360 --> 00:33:43,080
It was cold too.
I think I swam around the boat
630
00:33:43,080 --> 00:33:44,880
though.
Did you?
631
00:33:45,600 --> 00:33:47,960
Were you allowed to?
You weren't supposed to.
632
00:33:47,960 --> 00:33:50,800
That's why I did it.
Breaking laws?
633
00:33:51,080 --> 00:33:55,000
Yeah, I was legal, man.
I'm like, I'm, I mean, I'm we
634
00:33:55,000 --> 00:33:56,640
could do something on breaking
the rules.
635
00:33:57,320 --> 00:34:00,280
Yeah, we could, but you're
coming up here with surgery too,
636
00:34:00,280 --> 00:34:01,880
right?
Yeah, that's tomorrow.
637
00:34:02,160 --> 00:34:04,080
That's tomorrow.
Yeah.
638
00:34:04,080 --> 00:34:08,320
You do you.
Well, how do you feel about
639
00:34:08,320 --> 00:34:10,760
that?
Oh yeah, I was wondering about
640
00:34:10,760 --> 00:34:17,000
the, the, the worries and that
come up with it is that I've had
641
00:34:17,000 --> 00:34:21,400
no problem or no worry about it
until like, I don't know, like 4
642
00:34:21,400 --> 00:34:23,920
nights ago.
That was the whole idea of what
643
00:34:23,920 --> 00:34:27,400
happens if this is it, you know,
you, you run those those
644
00:34:27,400 --> 00:34:29,760
scenarios through your mind late
at night and you don't and you
645
00:34:29,760 --> 00:34:32,360
don't sleep.
We had Harvey up the street who
646
00:34:32,360 --> 00:34:35,400
had a typical back surgery and
then he died on the operating
647
00:34:35,400 --> 00:34:38,840
table, right?
So there's things like that, but
648
00:34:39,320 --> 00:34:40,800
I don't think that's going to
happen.
649
00:34:41,120 --> 00:34:44,000
I think this is just this is.
Really mild stuff and if and it
650
00:34:44,000 --> 00:34:49,800
and it's like I think that you
can gin yourself up to believe
651
00:34:49,800 --> 00:34:53,639
in anything with all the
negative thoughts, but
652
00:34:54,159 --> 00:34:56,679
everything coming out of this so
far, everything going into it is
653
00:34:56,679 --> 00:34:59,000
positive.
I think that you're a good
654
00:34:59,000 --> 00:35:03,440
person too, and I think that you
know how you're really Christian
655
00:35:03,840 --> 00:35:07,960
and how you feel rewarded by
God's ever loving light.
656
00:35:08,200 --> 00:35:12,320
Well, if that's if that's the
case, then would.
657
00:35:12,440 --> 00:35:14,240
I mean, that's the thing I don't
understand is like, why don't
658
00:35:14,240 --> 00:35:15,840
all the Christians die or kill
themselves?
659
00:35:15,840 --> 00:35:19,000
Because, you know, if you want
to go to heaven, wouldn't that,
660
00:35:19,040 --> 00:35:21,240
I mean, I would, wouldn't you
say, hey, shoot me, I want to go
661
00:35:21,240 --> 00:35:24,760
to heaven because then I get to
go now instead of waiting on
662
00:35:24,760 --> 00:35:27,840
this place, which is nothing and
not beautiful at all.
663
00:35:28,200 --> 00:35:29,400
Well, I hope so.
What do you know?
664
00:35:29,440 --> 00:35:34,160
That I'm praying for you, which
really means I'm sitting in my
665
00:35:34,160 --> 00:35:37,520
room doing nothing.
Means you're trying to get
666
00:35:37,520 --> 00:35:38,880
attention.
We could do some on religion.
667
00:35:39,000 --> 00:35:40,240
All that too.
Isn't that?
668
00:35:40,280 --> 00:35:42,040
That is kind of interesting.
I never really thought about
669
00:35:42,040 --> 00:35:44,320
that.
We've never talked about you say
670
00:35:44,320 --> 00:35:46,000
you're.
Praying for somebody, it's kind
671
00:35:46,000 --> 00:35:49,240
of taking the them as a center
of attention off of them and
672
00:35:49,240 --> 00:35:51,960
putting it on yourself and see,
I'm doing, look at all the hard
673
00:35:51,960 --> 00:35:54,280
mental anguish I'm going.
I'm doing something.
674
00:35:54,320 --> 00:35:58,080
That's what it is.
Just Zach, instead of sending
675
00:35:58,080 --> 00:36:02,880
you a card, I'm going to.
I'm letting everybody know, not
676
00:36:02,880 --> 00:36:04,800
just you.
I'm posting it to Facebook and
677
00:36:04,800 --> 00:36:09,120
all these other places.
I'm praying for you and I want
678
00:36:09,120 --> 00:36:12,120
you to know that I'm doing that
when you're not there.
679
00:36:12,240 --> 00:36:14,640
I can't imagine what it's like
to get cancer.
680
00:36:14,640 --> 00:36:17,640
And then you have like maybe 150
people.
681
00:36:17,640 --> 00:36:19,600
If you know that many, I don't
really even know that many.
682
00:36:19,600 --> 00:36:22,960
I'm going to say maybe 25 in
your inner circle that say, Oh,
683
00:36:22,960 --> 00:36:25,400
well, I'm praying for you.
And you're like, well, so you're
684
00:36:25,800 --> 00:36:28,840
I'd rather you send me a gift
basket or something before I
685
00:36:28,840 --> 00:36:30,160
die.
Like, I don't know.
686
00:36:30,160 --> 00:36:33,760
I'd rather have like something
that actually is kind of
687
00:36:33,760 --> 00:36:36,400
implementing that you care,
right?
688
00:36:36,400 --> 00:36:38,640
I don't I don't really see how
talking.
689
00:36:38,640 --> 00:36:40,440
Well, The thing is, they don't
know what to say.
690
00:36:40,600 --> 00:36:42,440
Most people don't know.
I would say they don't, they
691
00:36:42,440 --> 00:36:44,440
don't, they don't and and so
they're going to ask some
692
00:36:44,440 --> 00:36:49,480
invisible being for some special
thing, which if you believe in
693
00:36:49,480 --> 00:36:51,720
the Bible doesn't has any
already made is all of his
694
00:36:51,720 --> 00:36:54,280
decisions.
So all of that praying is
695
00:36:54,280 --> 00:36:56,720
basically a waste of time
begging, right?
696
00:36:57,080 --> 00:36:59,040
You pretty much.
I mean if.
697
00:36:59,080 --> 00:37:03,160
God, if God already didn't
decided that if there is a God
698
00:37:03,480 --> 00:37:06,200
you know well, no, I won't.
Let's just not go down that
699
00:37:06,200 --> 00:37:10,480
precipice.
But but if they if this thing
700
00:37:10,480 --> 00:37:16,160
that they believe is ultimately
infallible, which that's one
701
00:37:16,160 --> 00:37:20,960
thing they believe, then your
destination is already decided
702
00:37:21,200 --> 00:37:25,560
by him, right?
And since he is infallible, he's
703
00:37:25,560 --> 00:37:29,600
decided that either you are
going to die where you were
704
00:37:29,600 --> 00:37:32,120
going to live.
He's already decided he's
705
00:37:32,120 --> 00:37:36,120
already decided when this hymn
that we call him a hymn, but
706
00:37:36,120 --> 00:37:39,200
that which is weird to make him
human when in the act.
707
00:37:39,200 --> 00:37:43,640
It makes no sense.
So if he's already decided that
708
00:37:43,640 --> 00:37:47,040
when you go in and you pray, are
you saying he's wrong?
709
00:37:48,440 --> 00:37:51,280
I don't know, you know,
question.
710
00:37:52,680 --> 00:37:55,720
It's in God's hands.
And it's like, no, I'd rather
711
00:37:55,720 --> 00:37:57,680
have it in my surgeon's hands.
I don't.
712
00:37:57,680 --> 00:38:00,000
I want, I want, you know, God's
guiding him.
713
00:38:00,000 --> 00:38:01,880
No, no, He went to medical
school.
714
00:38:01,880 --> 00:38:04,040
He has the same God that did the
Holocaust.
715
00:38:04,040 --> 00:38:05,040
Yes.
Yeah.
716
00:38:05,040 --> 00:38:07,760
In his hands, Yeah.
That's he's done a great job so
717
00:38:07,760 --> 00:38:09,360
far.
Such a great job.
718
00:38:10,240 --> 00:38:12,760
No, no, we, we could, we could,
we could definitely do an
719
00:38:12,880 --> 00:38:16,880
episode on bashing religion, you
know, But when I think that
720
00:38:16,880 --> 00:38:20,600
would piss that would that would
I don't understand the, you
721
00:38:20,600 --> 00:38:24,720
know, yeah.
Should people that don't believe
722
00:38:25,880 --> 00:38:30,440
stand up more for their rights
in anything, in anything?
723
00:38:30,880 --> 00:38:36,720
Because I think that, you know,
it's like like people that are,
724
00:38:37,280 --> 00:38:41,640
that have a problem with gays
have no problem shitting on
725
00:38:41,640 --> 00:38:45,120
them.
But people that like me, it's
726
00:38:45,120 --> 00:38:46,960
like, I I think that that's
wrong.
727
00:38:46,960 --> 00:38:52,200
I think that they're, you know,
they're people, they're the gay
728
00:38:52,200 --> 00:38:57,320
people feel the way about the
same sex as I do about the
729
00:38:57,320 --> 00:39:00,880
opposite sex.
So I don't, you know, and that's
730
00:39:00,880 --> 00:39:04,240
just something that happens, you
know, and it's, and it's, I
731
00:39:04,240 --> 00:39:07,360
believe it's biological.
I don't really understand the
732
00:39:07,480 --> 00:39:10,840
the personal investment in other
people's lives to such a degree.
733
00:39:11,200 --> 00:39:12,680
I don't know.
It almost seems like social
734
00:39:12,680 --> 00:39:17,600
media has made it almost
purposeful in the divisiveness
735
00:39:17,600 --> 00:39:21,520
that exists in opinions today,
because I don't think that
736
00:39:21,520 --> 00:39:26,840
people nearly gave that much of
A care about other people's
737
00:39:26,840 --> 00:39:29,080
lives in their decision making
10 years.
738
00:39:29,080 --> 00:39:30,400
They hated.
They hated gays.
739
00:39:30,400 --> 00:39:33,320
And, well, they hated.
Them, but I don't think it was
740
00:39:33,320 --> 00:39:37,160
you didn't have ready access to
hate because now you go on like
741
00:39:37,480 --> 00:39:40,600
somebody's Facebook profile and
then you could you could call
742
00:39:40,600 --> 00:39:43,240
them slurs or you go on any sort
of thing and there's just
743
00:39:43,240 --> 00:39:45,920
breeding hate constantly sick.
Remember.
744
00:39:46,560 --> 00:39:52,120
Remember Tory inclinations. 80s,
seventies, 60s, you, you had TV
745
00:39:53,000 --> 00:39:55,840
and then many people didn't have
TV in the rural areas, so they
746
00:39:55,840 --> 00:39:58,880
just had their parents.
And if your parents, parents,
747
00:39:58,880 --> 00:40:03,320
parents, parents, parents,
parents all thought black people
748
00:40:03,400 --> 00:40:12,880
were not at the same level, what
do you call it in any way?
749
00:40:13,520 --> 00:40:16,200
Then they would pass down that
same thing to you.
750
00:40:17,280 --> 00:40:20,320
So you wouldn't have anybody's
outside of pen in her voice.
751
00:40:20,320 --> 00:40:23,320
Well, that's how it is today as
well, but it's a little more of.
752
00:40:23,560 --> 00:40:26,200
A the only way that you got an
outside voice was to leave your
753
00:40:26,200 --> 00:40:29,960
family and go to and get
educated.
754
00:40:30,440 --> 00:40:32,880
And that's when you would when
you would go to college, you
755
00:40:32,880 --> 00:40:35,680
would meet people that had
differing views.
756
00:40:35,680 --> 00:40:39,440
And then you'd be like, oh, Zach
doesn't hate gay people.
757
00:40:39,840 --> 00:40:42,880
What's wrong with him?
And then Zach says because
758
00:40:42,880 --> 00:40:47,120
they're people and, and, and how
does it hurt you?
759
00:40:47,120 --> 00:40:52,520
Oh, I actually it doesn't.
And that, you know, and, and you
760
00:40:52,520 --> 00:40:55,360
start to see that and, and I
think that's why we, it seemed
761
00:40:55,360 --> 00:41:01,720
like we were on this progressive
movement for a long time and
762
00:41:01,720 --> 00:41:06,200
then social media sort of just
destroyed it, you know, in a lot
763
00:41:06,200 --> 00:41:07,960
of ways.
Well, because there's an echo
764
00:41:07,960 --> 00:41:11,880
chamber, that's what it is like.
You see the chamber like 4 Chan
765
00:41:11,880 --> 00:41:18,680
that which kind of breeded a lot
of these hyper, hyper racist
766
00:41:18,680 --> 00:41:22,000
people, hyper homophobic people,
'cause it's just a bunch of
767
00:41:22,000 --> 00:41:23,920
group of people and they're all
talking about the same thing
768
00:41:23,920 --> 00:41:25,760
together.
And that's, that's kind of what
769
00:41:25,760 --> 00:41:28,400
it's always.
But when you when you look at,
770
00:41:28,400 --> 00:41:31,080
when you look at an actual
number of posts, when you
771
00:41:31,080 --> 00:41:33,760
actually look at the social
media posts, the people doing
772
00:41:33,760 --> 00:41:36,840
it, it's a very, very small
number.
773
00:41:37,600 --> 00:41:41,480
It's not, it's not millions.
The people that are that are
774
00:41:41,480 --> 00:41:45,240
doing the most posts.
There's like I think there was
775
00:41:45,240 --> 00:41:49,680
a, there was like 8 or 10 on
Facebook that were posting all
776
00:41:49,680 --> 00:41:53,000
the racist stuff.
And you could get rid of 80% of
777
00:41:53,000 --> 00:41:55,120
it by just removing those eight
people.
778
00:41:55,120 --> 00:41:57,640
I think you're negating to think
about the comments though,
779
00:41:57,640 --> 00:41:59,480
because.
Even the comments, well, see,
780
00:41:59,480 --> 00:42:02,840
The thing is, is then, then the
comments sort of drive it.
781
00:42:02,840 --> 00:42:07,320
And you can see, you can see the
same model, the same model that
782
00:42:07,320 --> 00:42:11,920
I, that I see in every single
thing is that you go to a right
783
00:42:11,920 --> 00:42:17,680
wing site and they have a, a
right wing story.
784
00:42:18,000 --> 00:42:19,360
Same thing with a left wing
story.
785
00:42:20,080 --> 00:42:25,040
And then, and then the first
comment is attacking the story
786
00:42:25,720 --> 00:42:27,680
and, and just a totally stupid
way.
787
00:42:28,200 --> 00:42:31,360
Well, Trump's the greatest
president ever, you know, or
788
00:42:31,760 --> 00:42:34,960
Biden's a complete, he's a, he's
a pudding head.
789
00:42:34,960 --> 00:42:37,240
He's stupider than anybody in
the world, you know?
790
00:42:37,400 --> 00:42:41,320
And then they get 100 people
reply to that guy and you're
791
00:42:41,320 --> 00:42:42,760
just like.
Well, it's baiting, yeah.
792
00:42:43,000 --> 00:42:45,800
And also, if you think about it,
if you go to the top of a post
793
00:42:46,040 --> 00:42:49,320
and you pay somebody or have a
bond, kind of say something of
794
00:42:49,320 --> 00:42:52,960
the opposite of the post,
automatically you're already
795
00:42:52,960 --> 00:42:55,840
garnering a bunch of interaction
on the post.
796
00:42:56,160 --> 00:42:59,120
So you get a bunch of following,
you get a bunch of people
797
00:42:59,120 --> 00:43:01,360
looking at it.
Whereas if you didn't have that,
798
00:43:01,360 --> 00:43:04,120
you get about 1/3 of the the
amount of interaction user
799
00:43:04,120 --> 00:43:06,320
interaction on it.
So this is how we should grow
800
00:43:06,320 --> 00:43:08,000
our podcast.
I think so.
801
00:43:08,000 --> 00:43:11,920
I think we need to pay people to
make terrible comments on our
802
00:43:11,920 --> 00:43:12,480
posts.
Wait.
803
00:43:13,000 --> 00:43:15,880
I, I think about the devices and
it's like the, one of the things
804
00:43:15,880 --> 00:43:18,360
I've always is kind of good
about this is you and I sit here
805
00:43:18,360 --> 00:43:23,280
and talk and we don't talk about
we, we, we, we graze politics.
806
00:43:23,920 --> 00:43:27,360
And, and you can, you can listen
to these podcasts and see where
807
00:43:27,360 --> 00:43:31,520
I'm coming from and kind of what
I think, but it's not this head
808
00:43:31,520 --> 00:43:36,240
on in today's news.
Biden did this or Trump did this
809
00:43:36,240 --> 00:43:38,640
or Obama did this or somebody
did this.
810
00:43:38,640 --> 00:43:41,200
And this is shitty and This is
why and this is horrible.
811
00:43:41,440 --> 00:43:44,000
And they're, they're breaking
the rule of law and it's, no
812
00:43:44,000 --> 00:43:45,800
one's ever done it.
You know, just tell lie after
813
00:43:45,800 --> 00:43:47,920
lie after lie.
I just don't find it palatable
814
00:43:47,920 --> 00:43:50,520
anymore.
I'm just so tired hearing
815
00:43:50,520 --> 00:43:55,080
another white man's opinion on
what's going on in today's day
816
00:43:55,080 --> 00:43:59,240
and age, because as a white man,
I consider my own opinions.
817
00:43:59,240 --> 00:44:04,920
Not really that big of AI, don't
know that big of a thing to care
818
00:44:04,920 --> 00:44:05,840
about.
I don't really.
819
00:44:05,840 --> 00:44:07,440
I don't.
Know you no longer reflect
820
00:44:07,640 --> 00:44:10,520
society.
I don't really understand why we
821
00:44:10,520 --> 00:44:14,960
should focus on such terrible
things that are happening when
822
00:44:14,960 --> 00:44:17,520
there's so many beautiful things
in the world.
823
00:44:17,600 --> 00:44:20,840
Chats.
Well, comedians are doing it now
824
00:44:20,840 --> 00:44:25,360
more than ever, and I don't I'm
like, what happened to actually
825
00:44:25,520 --> 00:44:27,360
philosophizing?
Philosophizing.
826
00:44:28,000 --> 00:44:29,960
That's a word.
And.
827
00:44:30,400 --> 00:44:33,840
Being philosophical.
And analyzing your own life
828
00:44:33,840 --> 00:44:35,600
without having a political
agenda behind it.
829
00:44:35,960 --> 00:44:38,680
And I don't really like you
looked at even the inauguration
830
00:44:38,680 --> 00:44:40,400
for Trump and you had all these
celebrities there.
831
00:44:40,400 --> 00:44:43,200
And I'm like, what is this?
Like, this is like so strange
832
00:44:43,880 --> 00:44:47,400
that entertainers are now
considered, I don't know, the
833
00:44:47,400 --> 00:44:50,280
most important people in the
Western world.
834
00:44:50,760 --> 00:44:53,600
And I think that that's, well, I
think that's a little weird,
835
00:44:53,600 --> 00:44:54,120
Right?
Well.
836
00:44:54,480 --> 00:44:56,760
Because they they have reach.
Yeah.
837
00:44:57,440 --> 00:45:02,640
And, and if you like, if you
like the Kardashians or if you
838
00:45:02,640 --> 00:45:07,040
like Joe Rogan or if you like
Oprah Winfrey or if you like
839
00:45:07,040 --> 00:45:12,320
people, a politician or someone
that wants their sphere wants to
840
00:45:12,480 --> 00:45:14,720
cozy up to them.
And then they'll say, Oh, I like
841
00:45:14,720 --> 00:45:18,280
so and so, you know, but the
other side, the, the reciprocal
842
00:45:18,280 --> 00:45:20,480
of that is there are people that
hate them too.
843
00:45:20,960 --> 00:45:24,600
And so you're, you automatically
corner that those people that
844
00:45:24,600 --> 00:45:27,480
were on the other side that
liked you now don't like you at
845
00:45:27,480 --> 00:45:31,000
all because you you've chased
the the easy target, so to
846
00:45:31,000 --> 00:45:32,600
speak.
I don't know if we're ever going
847
00:45:32,600 --> 00:45:37,320
to get back to a serious level
of hair in, well, humility.
848
00:45:37,480 --> 00:45:40,920
I think that we're going down.
That the pendulum swings.
849
00:45:41,200 --> 00:45:46,800
And I would say that
politically, I've never seen it
850
00:45:46,800 --> 00:45:52,560
swing this far right where
people were trying to kick
851
00:45:52,560 --> 00:45:58,480
judges out and, you know.
And I think the only reason why
852
00:45:58,920 --> 00:46:02,800
that it's swung this far is
because of 2008 and how we had a
853
00:46:02,800 --> 00:46:05,040
black president.
I think that that's the only
854
00:46:05,040 --> 00:46:07,640
reason why.
And there was such an uproar in
855
00:46:07,640 --> 00:46:10,600
the reaction politically to what
happened.
856
00:46:10,960 --> 00:46:14,800
It was so weird because he had
one of the highest vote counts
857
00:46:14,800 --> 00:46:15,880
ever.
Exactly.
858
00:46:15,880 --> 00:46:18,360
Which I don't really.
It really brought people out of
859
00:46:18,360 --> 00:46:20,680
the woodwork that hadn't been
voting for a long time.
860
00:46:21,040 --> 00:46:23,160
And I feel like that that's
really what it did.
861
00:46:23,320 --> 00:46:27,520
So we represented America, but
then the people that represented
862
00:46:27,520 --> 00:46:30,920
America and voted for the black
president then kind of stopped.
863
00:46:31,360 --> 00:46:34,040
I mean, that was that was
Chappelle's observation.
864
00:46:34,040 --> 00:46:37,240
I remember that because he said,
yeah, I went to when I went,
865
00:46:37,320 --> 00:46:40,600
when I went for Trump in the
first time, I knew he was going
866
00:46:40,600 --> 00:46:41,320
to win.
It's like why?
867
00:46:41,320 --> 00:46:45,760
I said because the line out and
around the block was all these
868
00:46:45,760 --> 00:46:48,280
dusty white people.
It was a reaction of what had
869
00:46:48,280 --> 00:46:50,640
happened in 2008.
Yeah, that's that's what I think
870
00:46:50,640 --> 00:46:51,520
it.
Was, and then when I, when I
871
00:46:51,520 --> 00:46:56,000
went in 2000, the the first
Obama election, there were black
872
00:46:56,000 --> 00:46:58,560
people as far as the line could
see and it didn't matter if it
873
00:46:58,640 --> 00:47:00,240
lightning came out.
They were all waiting.
874
00:47:00,280 --> 00:47:02,440
I was like, I'm going to vote
for the first black president.
875
00:47:02,760 --> 00:47:05,920
Second time he ran, same thing,
got the same kind of turn out.
876
00:47:06,480 --> 00:47:09,560
I think Trump comes along and
it's like it's a white woman
877
00:47:09,560 --> 00:47:13,360
who, you know, pays lip service
to people, and they've been
878
00:47:13,360 --> 00:47:16,280
hammering her for eight years on
every horrible thing that she'd
879
00:47:16,280 --> 00:47:21,520
ever done, you know?
There's something about a mirror
880
00:47:21,960 --> 00:47:24,080
and looking at a presidential
candidate and you want to see
881
00:47:24,080 --> 00:47:26,920
yourself in them.
And I think that not only the
882
00:47:26,920 --> 00:47:30,760
long history of racism in the US
kind of is indicative of the
883
00:47:30,760 --> 00:47:34,880
reaction of 2008, but at the
same time, I find it interesting
884
00:47:34,880 --> 00:47:38,960
too, that people missed somebody
that looks so akin to them that
885
00:47:38,960 --> 00:47:41,640
really didn't.
Like, at least George W Bush had
886
00:47:41,640 --> 00:47:45,880
a manufactured accent, right?
At least he was appealing then.
887
00:47:45,880 --> 00:47:48,160
He wasn't honest about his
background.
888
00:47:48,160 --> 00:47:50,400
He wasn't very truthful about
where he came from.
889
00:47:50,680 --> 00:47:54,920
But Donald Trump was, he was,
he's like, oh, I'm a, I'm a
890
00:47:54,920 --> 00:47:56,280
billionaire.
I'm a really successful guy,
891
00:47:56,280 --> 00:47:58,880
which was so kind of polar
opposite to George W Bush, which
892
00:47:58,880 --> 00:48:01,040
I find interesting.
I don't know, like, I would have
893
00:48:01,040 --> 00:48:04,760
expected a good old boy again,
but that's not what he is, which
894
00:48:04,760 --> 00:48:06,040
is kind of strange.
I don't know.
895
00:48:06,640 --> 00:48:11,600
He tells it like it is.
He's in a particular moment.
896
00:48:11,600 --> 00:48:12,920
What was he?
He was from Massachusetts
897
00:48:12,920 --> 00:48:13,560
originally.
I think.
898
00:48:13,560 --> 00:48:15,000
That's crazy still.
Was he?
899
00:48:15,240 --> 00:48:16,360
Yeah.
Who's?
900
00:48:16,440 --> 00:48:19,920
George Yeah, yeah, yeah.
New Hampshire, I think, Or New
901
00:48:19,920 --> 00:48:21,120
Hampshire.
Yeah, that's what it was.
902
00:48:21,160 --> 00:48:22,560
New Hampshire.
Oh my gosh.
903
00:48:23,040 --> 00:48:25,920
Kenny Bunkport was there.
Whatever.
904
00:48:25,920 --> 00:48:27,200
I don't know, growing up,
whatever.
905
00:48:27,200 --> 00:48:29,040
Something like that.
Wow.
906
00:48:29,120 --> 00:48:32,320
What are we at for time here?
I got 48 on my clock.
907
00:48:32,720 --> 00:48:35,760
OK, you're right.
Yeah, we can stop, mine says.
908
00:48:35,840 --> 00:48:37,720
Well I turned mine on like 10
minutes after we started.
909
00:48:37,720 --> 00:48:39,080
I.
Think mine says 54 and we
910
00:48:39,080 --> 00:48:40,600
stopped for a few minutes so.
All right.
911
00:48:40,840 --> 00:48:42,720
Well, I think we're I think
we're good here.
912
00:48:43,000 --> 00:48:44,200
What do you think We think
we're?
913
00:48:44,240 --> 00:48:46,000
We have some ideas.
We're going to pull these out
914
00:48:46,400 --> 00:48:49,520
and use these in the future.
Or we we might post this as a we
915
00:48:49,840 --> 00:48:51,840
don't know what the hell we're
doing so we need to put an idea
916
00:48:51,840 --> 00:48:54,040
session.
I think that this is a good idea
917
00:48:54,040 --> 00:48:57,160
to make an idea about ideas.
I don't know.
918
00:48:57,200 --> 00:48:58,720
I think that we're.
Do you want, do we, have we done
919
00:48:58,720 --> 00:49:04,040
anything on technology?
Not really.
920
00:49:04,040 --> 00:49:06,280
I don't think so, no.
See, I think that one of the
921
00:49:06,280 --> 00:49:09,440
discussion, the starting of the
discussion was artificial
922
00:49:09,440 --> 00:49:10,880
intelligence that I did with
Brock.
923
00:49:10,880 --> 00:49:12,720
And I thought that that was
really, really cool.
924
00:49:12,840 --> 00:49:16,200
That's so saturated though.
I'm so tired of talking about AI
925
00:49:16,200 --> 00:49:19,400
to some degree because here, for
me specifically, it's just like
926
00:49:19,400 --> 00:49:22,000
a it's, it's just beaten to
death.
927
00:49:22,080 --> 00:49:23,600
It's like they took, Yeah.
But I think that we could.
928
00:49:23,600 --> 00:49:25,600
We could.
It's something that people will
929
00:49:25,600 --> 00:49:27,760
listen to.
Fair.
930
00:49:27,880 --> 00:49:30,680
That's fairpoint.
Well, actually, we don't know
931
00:49:30,680 --> 00:49:33,640
that.
Wait until wait until people, if
932
00:49:33,640 --> 00:49:36,880
anybody actually listens to his
podcast and posts stuff and says
933
00:49:36,880 --> 00:49:38,280
things, that's what I want to
say.
934
00:49:38,440 --> 00:49:39,840
Yeah, we'll see.
You know.
935
00:49:40,040 --> 00:49:41,840
I'm curious.
And I sent you the link.
936
00:49:41,840 --> 00:49:44,640
Post the link to your.
Can you just post that to our
937
00:49:44,640 --> 00:49:45,920
website?
I don't know how you do that.
938
00:49:46,520 --> 00:49:48,280
Can.
You post a link.
939
00:49:48,480 --> 00:49:50,760
I guess I could I could post it
in the link of this video if you
940
00:49:50,760 --> 00:49:53,520
want, but this is coming out in
2 weeks so no.
941
00:49:53,800 --> 00:49:57,080
No, no, I would say how do you
post a link to his thing on a
942
00:49:57,080 --> 00:49:58,520
record of my father?
Can't you go on?
943
00:49:58,520 --> 00:50:02,000
Oh, on the website, yeah, we
only really have episode pages.
944
00:50:02,000 --> 00:50:03,960
I could figure it out.
We'll figure it out.
945
00:50:04,040 --> 00:50:07,400
Well, as always, thank you guys
for listening and we will talk
946
00:50:07,400 --> 00:50:10,840
to you next week,
recordmyfather.com on YouTube,
947
00:50:10,840 --> 00:50:14,320
Instagram and Spotify.
Thank you guys for listening and
948
00:50:14,320 --> 00:50:15,200
we will talk to you later.
Bye.