Sign in Sign up
← All shows
Business Pants Feb 03, 2026

Epstein execs, Target’s new forceful boss, Disney new CEO, SpaceX mashups, and Pfizer’s inspiration

Discussed in this episode

Show Notes

In our 'We officially don't care anymore' headline of the week. Mark Zuckerberg’s ‘Wild’ Dinner With Epstein Revealed in Files Jeffrey Epstein emails reveal extensive ties with top Goldman Sachs lawyer Former Windows 8 boss recruited Epstein to help negotiate his messy Microsoft exit CBS News weighs firing Peter Attia in wake of Jeffrey Epstein emails - Bari Weiss reluctant to ax him Jeffrey Epstein asked for Snow White costume weeks before Jes Staley email Brad Karp Says He Regrets Interactions with Epstein ARMI board says it plans to review Kamen’s ties to Epstein Elon Musk Emailed Extensively With Jeffrey Epstein, Asking to Visit His Notorious Island DOJ Epstein release outlines ties with Boulder restaurateur Kimbal Musk Google co-founder [Sergey Brin] had long relationship with Maxwell and visited Epstein’s island Epstein Files Reveal Peter Thiel’s Elaborate Dietary Restrictions Epstein contacted women for Steve Tisch, co-owner of the Giants Emails flesh out warm relationship between Epstein and Richard Branson Commerce Secretary Howard Lutnick planned a trip to Epstein’s island in 2012 The Tech Elites in the Epstein Files Reid Hoffman (2,658 Files) Bill Gates (2,592 Files) Peter Thiel (2,281 Files) Elon Musk (1,116 Files) Larry Page (314 Files) Sergey Brin (294 Files) Mark Zuckerberg (282 Files) Jeff Bezos (196 Files) Eric Schmidt (193 Files) DAMION1 In our 'If Musk can manipulate the market with fake promises why can't I?' headline of the week. Nvidia's CEO says $100B pledge for OpenAI was 'never a commitment' *************** In our 'Anybody but Bob Chapek or a woman or a woman named Bob Chapek' headline of the week. Disney names parks boss Josh D’Amaro as its next CEO to succeed Bob Iger In our 'Congratulations, shareholders—your vote has been forwarded to the Illusion of Control department' headline of the week. Reclaiming the vote. What the rise of pass-through voting means for banks *************** In our 'I'm not sure what all the fuss is about, he did say he would "listen closely" AND "guests want great design, real value and experiences that delight"' headline of the week. In his day one message, Target’s new CEO ignored the elephant in the room. People noticed. *************** In our 'Forget those assholes, we're curing baldness' headline of the week. The Chan Zuckerberg Initiative cut 70 jobs as the Meta CEO’s philanthropy goes all in on mission to ‘cure or prevent all disease’ *************** In our 'But forget that shit, Go Seahawks!' headline of the week. Microsoft AI CEO says Moltbook shows how convincing AI can be mistaken for consciousness *************** In our 'Finally, a business model built entirely on who CEOs can control better' headline of the week. CEO of $1.25 billion AI company says he hires Gen Z because they’re ‘less biased’ than older generations—too much knowledge is actually bad, he warns *************** In our 'Asshole Oligarch finds an even less regulated jurisdiction than Texas' headline of the week. Elon Musk's SpaceX acquiring AI startup xAI ahead of potential IPO *************** In our 'Truth Has Side Effects' headline of the week. Pfizer CEO Albert Bourla’s best leadership advice: Being optimistic is better than being right *************** In our 'Target CEO gives Seminar on Moral Silence' headline of the week. German FA slaps down proposal to boycott World Cup as Trump rebuke: ‘debates on sports policy should be conducted internally and not in public’ *************** MATT1 In our 'Report: Elon Musk will earn a 10% merger fee for negotiating with himself during merger talks' headline of the week. Elon Musk's SpaceX acquiring AI startup xAI ahead of potential IPO “My estimate is that within 2 to 3 years, the lowest cost way to generate AI compute will be in space,” Musk wrote. Using my Musk calculator (which calibrates for the fact that Musk said in 2016 he would land on Mars in 2022, but now is shooting for 2030 but more like 2050, and also that we needed to colonize Mars immediately before the sun swallows the earth... in 2 billion years), that means AI space compute could be anywhere from 10 to 400 years away In our 'They somehow misspelled both "restauranter" AND "brother"' headline of the week. DOJ Epstein release outlines ties with Boulder restaurateur Kimbal Musk Experts predict the latest news will bring the vote down from 79% in favor to 76% in favor. In our 'CEO of company says he hires based entirely on sock color - "socks say more about a person than background, personality, education, or conversation every could"' headline of the week. CEO of $1.25 billion AI company says he hires Gen Z because they’re ‘less biased’ than older generations—too much knowledge is actually bad, he warns In our 'After trying waterboarding, tickling, and ACTUAL blackmail, Albert Bourla says he preferred psychological torture to incentivize his workers' headline of the week. Pfizer CEO says he used ‘emotional blackmail’ to get employees to achieve impossible goals during COVID-19 All around the office, Bourla put up signs that read, “Time is life.” On several occasions, employees came to him to say there would need to be a delay of several weeks in meeting deadlines. In response, Bourla asked them to calculate how many people would die during the additional weeks they requested. In our 'BIG ANNOUNCEMENT: New Target CEO says Target loves gays and brown folk, hates ICE, and is officially rebranding as "Tar-jay" in new statement' headline of the week. Target just made a big change this weekend. Here’s what to know Fiddelke’s big move list: Leading with merchandising authority, Elevating the guest experience, Accelerating technology, Strengthening our team and communities. "In the weeks ahead, my focus is simple: listen closely, move with clarity and urgency, and lead with purpose" In our 'This is not the company I signed up for' headline of the week. Employees say Target is MIA in Minneapolis: 'This is not the company I signed up for' "This is what leadership I want to follow looks like," the Target worker said of Patagonia's statement. - CEO Ryan Gellert wrote: This has been a moment of incredible pain for so many. The shootings of Renée Good and Alex Pretti happened about 20 minutes from our St. Paul store, a location that’s been part of the community for 21 years. It’s part of a tragic pattern that has seen U.S. citizens snatched by federal agents and shipped to facilities far from friends and family, and children as young as five detained, all with ever-shifting explanations and overheated rhetoric that changes with each passing news cycle. Tragically, it is not just Minneapolis that is affected. We are witnessing the militarization of our cities, the expansion of unchecked enforcement power, and a pattern of violence that disproportionately targets the most vulnerable communities and populations. In our 'We can finally go from 99.8% of directors winning elections to 99.9% of directors winning elections' headline of the week. Reclaiming the vote. What the rise of pass-through voting means for banks In our 'Gus, good news. You've been promoted. We will now refer to you as the "in house proxy voting system". No no, it comes with no new responsibilities - we know you're busy ordering the office supplies. No, this is actually LESS responsibility. Just find the "FOR" button for every director, and "AGAINST" button for everything from an investor. Got it? Congratulations! It also comes with no extra pay!' headline of the week. Wells Fargo switches to in-house proxy voting system WIM will determine proxy votes for these assets using a policy and set of instructions it has developed In our 'Not to be outdone, the Trump administration is looking into inventing a new type of energy they call "hot star energy"' headline of the week. The Amount of New Solar Power Production Capacity China Is Manufacturing Is Legitimately Mind-Blowing In our 'Men say Call of Duty: Black Ops 7 and ChatGPT conversations that convinced them they had a "revolutionary idea" about beer koozies were the number 1 reason they let their wives do the caregiving and childcare last year according to new data' headline of the week. Women say caregiving and child care costs are the No. 1 reason they quit the workforce last year, according to new data

Transcript

I like this music better live. Okay, hold on for this one. Live from cnbc's homepage, where the first article that featured a woman, which was the 22nd Story, We counted. Wow, what's called last minute? Valentine's Day, plans, three credit card. Perks that can help. It's an all-new terrific Tuesday edition of business pants. Yeah, on today's optimistic, Love Fest of our wonderful contemporary society called February 3rd, 2026 business nuggets. Whoa, there was a lot of irony in that last sentence. I feel there's a lot of sarcastic irony going on. Yeah, I don't know why I was on CNBC and just, like, hit me like What what's happening? It just like all men everywhere. I mean and I didn't even do the race thing because they're all white men but I didn't even go there but there was a even have to play the race car. It wasn't a nice article about Credit card perks for Valentine's Day. And who's that? Is that speaking to the man, I guess because there was a picture of a woman Well, the picture is of the woman, so it's a man was his Valentine, and the man is gonna, it's the man using the credit card, right? It's not the man goes against the credit card, right? So uses it on that woman. Yeah, yeah. So I might even share the article is about a woman but there was a picture of a woman. So I counted it Good going. CNBC. All right. Are you ready for some nuggets? Yeah, wait. Before we get to our show today is being sponsored by free flow analytics and free flow, analytics.com. The only platform measuring board power connections and performance for free. Love them. That's actually true. All of that. Yeah, really is we just had a conversation with a couple of gentlemen, who are starting, some kind of a proxy advisory firm and I said to him and I realized when I was saying it, that I was actually telling the truth because usually, I'm a big fat liar. We're the only It's the only data set that articulates performance right director performance. Well there's one other there's another free float that does performance but they don't really influences the sauce, right? Like, it's performance attribution. So, like, right power board. Yeah, if you're on Mark, Zuckerberg's board, you get all the, you know, Glory of being of like a Facebook director where that doesn't Reflow says no Zuckerberg owns you, he picked you, you have no power, there's no point in, you getting all the glory of you know Facebook's performance. That's that's the way that's the difference. All right, that's the sauce before we get to business, we're gonna trade off this week. I I didn't know where to put all this and I don't know that you have any. I haven't looked. I have a couple. I didn't know that you covered the Epstein files but I had to just dump this somewhere. So I'm gonna do it quickly. The beginning of the show just to put it out there because we cover CEOs directors, Executives. And I just wanted to throw that. I need to put this somewhere. Get it off my chest. So in our, we officially don't care anymore, headline of the week, here we go. Now you're gonna read them all, I'm gonna read them all. I'll try to go quickly. I'll cross out the one that I'm gonna cover. So you there's no, I don't have a joke here. I'm just stating that the, the state of our corporate world. And the fact that like everything keeps going like, I, this this these kind of things used to be, like the train was off the tracks, right? People were getting fired, like I just can't understand. I want a world. Yeah, I mean, it is fairly impossible to believe, 10 years ago that if, if people were named Ten years ago if you were named in Jeffrey Epstein's like files. You would have been fired instantaneously, like it would be so far. I think the only person who I think, the stepped out of someone like in Slovakia, like, like someone Andrew. Okay. He's all right, here we go. Mark Zuckerberg's, wild dinner with Epstein revealed and files. Jeffrey Epstein, emails, reveal extensive ties with top Goldman Sachs lawyer. Former Windows 8, boss recruited Epstein to help negotiate his messy Microsoft exit. CBS News weighs firing Peta attia and wake of Jeffrey Epstein emails. Barry Weiss reluctant to axum, Jeffrey, Epstein asked for Snow White, costume weeks before Jes Staley email. He's just Staley was the former at he. Yeah. Yeah. Brad karp says he regrets interactions with Epstein are not BP. Sorry Bart. The bank, the bank, which bank it. Yeah. It was the British Bank HSBC, right? Brad car. You can look it up. Brad karp says he regrets interactions with Hep seen a r m. I board says it plans to review, please came in his ties to Epstein Elon Musk email to sensibly which Jeffrey Epstein asking to visit Victoria Island. Department of Justice Epstein releases, outlines ties with Bolder restaurant, Kimball musk. Google founder. Sergey Brin had long relationship with Maxwell and visited. Epstein's Island, Epstein files revealed Peter thiel's. Elaborate dietary restrictions Epstein. Contacted women for Steve Tisch, co-owner of the New York, Giants emails flesh out, warm relationship between Epstein and Richard. Branson Commerce, Secretary, Howard lutnick playing, a trip to Epstein's Island 2012. And then finally from Wired Magazine that Tech Elites and the Epstein files, read Hoffman, 2700 files, Bill Gates 2600 files, Peter Thiel, 2300 files, Elon Musk, 1100 files Larry Page, 300 files, Sergey Brin, 300 files, Mark Zuckerberg 300 files, Jeff Bezos, 200 files, and then Eric Schmidt 200 files again. This is, I didn't even like, I didn't even call me the entire internet here. I'm just like, this is just the wall. I did, I did write a tiny bit of code to Ping the site, and search for names, of directors. And like the I think when People are done and this isn't even the complete set of files. This is the redacted set of heavenly redacted. Yeah, that like is they said when you have to say, we're not protecting Trump, that usually means you're protecting Trump, he's not even like like there are there are files missing about him that we know exists. So this is, this isn't even complete. But that's yeah, headline in there. Is that the Epstein files, reveal? Peter Teal's, elaborate dietary restrictions like that. Unfortunately, that was from wired. I looked that one up. I didn't make me happy, you know, the common denominator here is the, uh, they all seem to be white men. Let's start with that, but beyond that, they're all people that we have long complained that they have control of their empire. They're they, there's no way to get rid of these people, most of these people. There's no, there's really no other than Elon Musk where the board and the share looks actually could maybe do something they refused to write all of them seem to have been in power at places where they had full control the board, right? I mean. So anyway, let's move on. Let's try to be funny now. Well I mean like Trump said he wants to nationalize the elections in this country so we there well, on their way to like getting rid of old corporate democracy and just putting it in place of the federal. Let's try To say something funny. Right? Say something funny. And then I'll go take my first. I don't think any of minor funny. When I look at them they're just me being like sad and angry and our If musk can manipulate the market with fake promises, why can't I headline of the week? Nvidia's CEO says 100 billion dollar pledge for open AI was never a commitment. Oh, I like that. I like the Jensen Wong is, I mean someone final and I think one of us predicted this, but some other CEO is finally realizing like, wait a minute. I can just say whatever I want the markets can react, and No One's Gonna No One's Gonna do anything about it. Unless I'm like, if I'm married Barra or Marissa Meyer, they'll come after me. But if I Especially if I'm a tech CEO who's gonna do anything? Yeah, I just I did just see a headline that Jim Cramer said that Mary Barrett doesn't get enough credit for the great job. She's done. Okay, well, good for you. Jim Cramer, what do you got? Make us laugh. I got one in our Report. Elon Musk will earn a 10% merger fee for negotiating with himself. Oh my God. During merger talks headline of the week. Yeah, Elon musk's SpaceX. Acquiring AI startup xai ahead of potential IPO. Wait, I fell for that. Is that true? I believe that, but he does gonna get what this I mean. Like, here's actually what he hears a quote from him. Quote, my estimate is that within two to three years? The lowest cost way to generate AI compute will be in space, which means what? I use my muscle calculator, I actually have a musk calculator, I guess. Yeah. Where when he says the date, I plug it into the musk calculator and tells me the actual date. This might happen, but probably never adds never to the To the sum, which it got like just as an example, when musk said in 2016, he would land on Mars by 2022. I put that in the calculator and it said, never, that's what it said. So that means AI space compute could be anywhere from it's a 10 to 400 years away. So what okay, it's a lot big range on that calculator. Do you hear that? He wants to build like data centers in space? Is that the dumb thing we're doing here? That's what we're doing now. I honestly good. Get your data Center's. Put them in outer space. You know, put them as close to the Sun as you can get. Put them on the sun, do it? Just get it done. Is there not? Okay. First of all, I don't really even know how we're gonna cool them and space. But let's forget all that's really cold in space. Yeah problem. But there's no But isn't space a vacuum. Let's look into this part. I am not a scientist. I don't know much about it, but here's the one thing that made me think is that we are so far off in everything. We talk about with tech and it we're really in a modern-day Cold War, right? We are, we are, these guys are geniuses, are coming up with bulshit in order to get funded, like Wilds about a billions and billions of dollars. So he's now gonna promise all this bullshit in space, that probably to your point will never happen but they will throw so much money at him just for the promise of maybe pretend doing a thing, right? Because I imagine the cost of erecting these things in space are outlandishly high outlandish High. You know what this is the this honestly is the most possible thing he's ever said. I feel like because like by all accounts harvesting solar energy outside of her satosphere, her like it was a permanent sort of satellite. Setup is possible and we have the technology now and he's got the spaceships to kind of do it. And then if you just do the AI compute their and beam it back down using starlink technology But that's not the point. The point here is the master. The Broms of the universe. All they have to do is say a thing and pay themselves, like, it doesn't matter. Nobody's asking for this right. Like what we're asking for is actually less AI. I don't want AI. I you know what, we have like one of those Google, you know, home systems like what do they call that a nest or whatever. And all we use it for is to time how long we're cooking things and to like ask what the weather is that day, that's literally all we use it for and now on a daily basis. It says would you rather use Google's Gemini AI to have a conversation with this? You know device set it up in your settings and I'm like shut up. I will do that. If I ever want to in the answer is never. Your turn. We're not funny. This is not funny anymore. Come on, we're losing the heart of business, not good. So, let's try to, I'll try something funny. I'll bring it back. Bring I realize it. None of mine in our anybody, but Bob Chapel or a woman or a woman named Bob chapek headline of the week. Disney names Parks boss, Josh, dimauro as its next CEO to succeed, Bob Iger, I mean thank god. Dammit officially. Yes, it's official but you know can we can we at least praise Disney for once again? Going to the parks division which fail with Bob chabuk and avoiding the woman Dana Walden, who's supposed to be some kind of, like content Guru. But yeah, so congratulations to the and I looked at Josh tomorrow, he has that He has that by kind of look he's very he's a very white man. Yeah shiny dude. He looks like a Hollywood character. Yeah. So yeah. Congratulations. Disney. I don't know. That doesn't make me feel good, either know how about this though. You already said the headlight, but I'm gonna say it the right way in our they somehow misspelled both restaurant tour. And brother headline of the week. Yeah. Doj Epstein released outlines ties between Boulder restaurant tour, Kimball musk. So restoran. They really don't know it. Yeah, they really did misspell it. And they wrote Boulder, not brother, they meant like, bold or Colorado, but I'm pretty sure they should have written. The only reason why this would be a headline at all, is because this is Kimball musk brother of Elon Musk. And I did see a follow-up report that said, experts are now predicting that this news will bring his board vote on the Tesla board down from 79% in favor, two years ago to 76% people this. Yeah, this was a, this was an article from the the colorado-based biz journals. So and I guess he owns restaurants in the Colorado area but you're right like vegan Burgers there like? Yeah, I anyway I what do we do it? I don't know. Let's move on. This is a man who investors elected and like I can't I can't see, don't make me. I can't I really can't with this stuff honestly like Like that, he's in the scene files. Like that's it, you should be off you you found it. You read the thing and it's like not good stuff. He's in the upstairs. I mean that I was like in this Rabbit Hole. Yes, sir, there's this stupid, new group. This investor group that is tied to the Bible and Christianity, and there are on Fox News and they're going after woke companies. And really what that means is there that they're they're against really two things. They're against d e. I which is black people and women and they're against anything lgbtq, which is gay. Yeah. That's the only thing they care about and yet this is happening I mean, the president is happening this this is happening. We know the president of the United States is involved in this and then when you get to like tertiary and like I can't layers down, we got killed musk who's on a board and and investors have been saying like like, well, whatever, he's a CEOs brother and it's fine. Really fine. It's never been fine. All right, your turn, you know, our congratulations shareholders. Your vote has been forwarded to the illusion of control Department, headline of the week, reclaiming, the vote what the rise of pass through voting means for banks. Oh, okay. I'm gonna do that same headline, you're right, go for it. In our, we can finally go from 99.8% of directors, winning elections, to 99.9% of directors, winning elections, headline of the week, reclaiming, the vote what the rise of pass. What means for banks? What's the point? It just like, is it just like another way of controlling something? Like I don't get the point. I it's it's nationalizing elections like so is it? We is it just they're just trying to create like a soft Landing into getting rid of all of shareholder voting. Is that it? No, they're not. They're never gonna get rid of it. But it's just gonna be a pretend thing, like Exodus even need to claiming are quote, the retail vote, right? That's a nationalizing. We started back like five years ago. Remember, when they had all these nelo was at one of them, these testimonies are going to Congress. and talking about shareholder proposals, and our point, then and her Point as well, which is these things don't pass, they're not controlling our capitalism, like there's no leftover capitalism, like So, I just don't even know why they're bothering doing all. This is just, they not pass, but over 10 to 20 years bands, they've been responsible for data that actual investors like and use regularly for every investment decision. All right, and our I'm not sure what all the fuss is about. He did say he would listen closely quote and quote guests want great design, real value, and experiences that delight and quote headline of the week. In his, those are both real quotes. Listen closely, guests want great design, real value and experiences a delay in his day. One message targets, new CEO, ignored the elephant in the room. People notice. So, he so now, we finally got reached the point where the new CEO of Target, he's now officially there, Michael fiddelke. He put out a memo put out his first statement, we all wondered. Would he do it? What he break the, the Cornell curse. Would he actually talked about what's happening? No, he didn't talk about anything. I, so I got that headline too. Ready to do it. Do it in our big announcement, new Target CEO says, Target loves gays and brown folk hates ice and is officially rebranding as tarjet in a new statement, headline of the week. Target is made a big change this weekend. Here's what to know the actual headlines that Target just made a big change this weekend. Here's what to know the big change. This is Fidelity's, big change. Was he wants to lead with merchandising Authority. He wants to elevate the guest experience. What is that mean? He wants to accelerate technology. Sure, they'll do anyone strengthen our team and communities? Yes, he said, quote, in the weeks ahead, my focus is simple. Listen closely, move with Clarity, and urgency and lead with purpose. Yeah, this is all from the letter. Yeah, listen closely in the letter. So, um, I'm just excited for finally, Target will be accelerating technology and leading with merchandising Authority. I was thinking the whole time. That's what you're missing again, Target. I mentioning Authority. Let me preface this by once again, applauding the great work of the people of Minneapolis. One of the great, like, resistances in modern day America. It's like Andor their presence in that City and fighting for their fellow fellow citizens and neighbors is really. It's the heartwarming part of the story. Now, Michael fiddelke says in his letter he's gonna listen closely it's going on right there. What else are you hearing? Like, it's real right on the streets of of your company? It's not even just that one of your retail locations. As in Minneapolis the headquarters, your company headquarters is in minute. I what's he hearing Matt, what what's he listening to? You know, it's funny to me that's it is what's happening in Minnesota is a lot like the show and door which I watched. And at the same things I had you into watching it the yeah which I loved. It was fabulous. The the woman Dana Walden was passed over for somebody else so so it's like everything's happening at like it is Coming to life. It's like the person who recognizes the Rebellion is passed over for the white guy with a nice smile and Michael fed you. He's busy listening, he's listening, but but not really, I mean, but is he, is he listening, you know, our forget, those assholes, we're curing baldness headline of the week. The Chan Zuckerberg initiative, cut 70 jobs. As The Meta CEOs, flaunt philanthropy goes all in on mission to cure or prevent all disease. All you see. This is the great like this is the best gaslighting. It's like, okay. You know, we don't really care about these employees. We don't care about their families, you know, we don't care, you know, this is America. We know they're not gonna have health insurance anymore. We don't give a crap, because we're gonna cure everything, we're because we're Geniuses, and we're gonna do everything great. So forget about that. We're firing those people just forget it. By the way, it worth noting it. This point in the show, this is probably the funniest show either. All right. Keep going. What do you got in our CEO of company says, he hires based entirely on sock color, quote, socks. Same more about a person than background personality education or conversation ever could headline of the week. CEO of 1.25 billion, AI company says, he hires gen Z because they're less biased than older Generations. Too much. Knowledge is actually bad. He warns, I can't believe we're here. I mean, we're, I mean, we've been joking about this for for weeks and how they're like basically like telling Americans. Don't go to college anymore, like it's pointless. And now now we're just saying outright that knowledge is about being wise, being older and knowledge is bad. What do we doin' to actually? Knowledge is actually I have the same headline, I'll just get it over with in our finally, a business model that bill entirely on who she is can control better headline of the week. CEO, I already said it. Yeah. Oh, to their point to CEOs, you know it. it is easier if you have a candidate, if you have a worker who hasn't gone to college right, who hasn't been through the four years of not only There are two things that are super important to college, you know, my daughter's in college right now. So I witnessed this every time I talk to her is it's the act, the academic rigor. They I mean they put these kids through a lot at least the college at my daughter's going to that she works hard and they give her a lot of work and it's impressive but also the education you get and just being a person and just learning to adapt to other people around you to, you know, your your classmates, your professors, even little things like doing your laundry. Like, this is what it's all about. This is the social and academic experiment of American colleges. So yeah, I just love the CEOs. Are now saying screw it, like, we don't just, we don't need knowledge. We don't ya learning. It's all Dopey no less and, and have no pre-existing thoughts before you come to work for me. Be a plumber. Or we don't need money in the future or whatever, right? They're all points here, it is funny to hear the CEO sort of diverged into two camps, which are overlapping But it is, the be a plumber. Be a construction worker, you know, do a trade? Like, that's what Alex karp of palantir said. We're going to be. You should be a peasant. Wayne said that you should be a plumber. So there's that camp, right? And then the other Camp is you need to have less knowledge. You need to have no opinions. You I will give you the greatest education that you can have by just working here. We don't want anyone with Elite skills, Elite college background. Yeah. Like they're making the game plan obvious because I'm sure one of the things you do learn in a liberal education. And I don't mean liberalism, like liberal versus conservative, but in a liberal arts education is probably the the oligarchy might be bad for culture, one thing, they might study things. Yeah, that's what you're supposed to come out with thinking. You're yeah, it's my turn. It's my turn. All right, you ready? Yeah. In our after trying waterboarding, tickling and actual blackmail, Albert borla says he preferred psychological torture to and said to his workers headline of the week. Pfizer CEO says he used emotional blackmail to get employees to achieve impossible goals during covid-19. I have an Albert borla one. I'm gonna do an outboard one and our truth has side effects, headline of the week, Pfizer CEO, Albert, borla's best leadership advice. Being optimistic is better than being, right? Oh, that's isn't that? That is the tech bro, way? Right? Like yeah, you don't want to forget accuracy and truth and facts, right? You just have to paint like a just like there's like there's science fiction writers or something just believe in what you want to believe in. Yeah but but don't believe in it when you get here because when you get here we don't want you to have any knowledge or bias. So don't have any beliefs, we will hire you and then we will tell you what optimism looks like so that you can ignore facts and do exactly what it is. That we think the future should be actually, I miss the good old days when when big farmer was like, the only thing that people complained about now it's like every industry that people are worried about. But yeah go ahead. It's your turn. Oh, it's my turn. All right, I'll go next. Ah. In our, this is not the company I signed up for headline of the week. Employees say, Target is Mia and Minneapolis. This is not the company. I signed up for if in fact, wait this article, yeah, they interviewed a bunch of target employees in Minneapolis in Minnesota and one of the target workers actually saw a statement. I've never seen a quote like this, but they saw a statement by another CEO. They saw a Patagonia CEO Ryan Gellert. Yeah, wrote a statement. He said and this is worth reading the whole thing. This is the whole statement but this is a big quote of it. Quote, this is been a moment of incredible pain for so many the shootings of Renee. Good and Alex preedy happened about 20 minutes from our Saint Paul store, a location. That's been part of our community for 21 years. It's part of a tragic pattern. That is seen US citizens snatched by federal agents and ship to facilities far from friends and family and children. As young as five to all with ever shifting, explanations, and overheated rhetoric, that changes with each passing news cycle tragically. It's not just Minneapolis that has affected. We are witnessing the militarization of our cities, the expansion of unchecked enforcement power, and a pattern of violence that disproportionately targets the most vulnerable communities and population. That's what Ryan that's part of. What Ryan? Keller wrote and a Target worker said of that statement. A Target worker said this, I don't know what Target workers reading these statements, but good for them said, quote, this is what leadership I want to follow. Looks like Okay. I mean, that's what people want. They want you to stand up for them. They don't want you to lead with merchandising Authority, that is not the thing that your employees have ever said. They care about I mean, let's let's be clear too. The the target headquarters. Is in Downtown Minneapolis. I mean, it's not like it's not in the suburbs like 80 miles away. I mean, it is right, there, it is right in the thick of everything going on, right? Don't use Patagonia is not located in Minneapolis, except they have a store, right? Like in Saint, Paul 20 miles away and their CEO is out there saying stuff. Okay, my turn to be outraged in our but forget that shit go Seahawks headline of the week. Michaelsoft. AI CEO says Molt book shows how convincing AI can be mistaken for Consciousness. Have you heard about milk? Yeah. Yeah. So does this social network for just ai's and there and and what they're saying basically is that, everyone's angry about, everyone's warning about it, but what they're basically saying is like, yeah, it's like a breeding ground for AI to become conscious right? I mean, it's, it's all happening right in front of our eyes. Ah, yeah. But forget that said what I do. Hope the Patriots win. Okay Patriots win. Yeah, but the Microsoft AI CEO, he wants to Seattle to win. In our Gus good news, you've been promoted we will now refer to you as the in-house proxy voting system. No, no, it comes with no new responsibilities, you don't have to worry, we know you're busy, ordering the office supplies know, this is actually less responsibility, just find the four button for every director and against button for everything in investor wrote, got it. Congratulations. It also comes with no extra pay headline of the week. Wells. Fargos switches to in-house proxy voting system. And their voting system, it will determine proxy votes using a policy and a set of instructions. It has developed, that's what they said, that's it. Yeah, Well, I mean, how much do wants do you really need when electing all your represent, 80,000 representatives in your portfolio, you can just policy and a set of instructions. I guess. This is why they're saying like don't bother going to college because they're going to fire you anyway and just have like some dumb system set up by some algorithm, right? I mean it is bananas. You got like there Like JP Morgan. Just did the same thing and I know everybody wants to talk about how everyone's gonna be doing this, everyone do you? You fucking Moses know how often you vote for directors already. Like what is what is the rule vote for directors? Every time that's the rule, like is that a rule? That's not a rule. in our, I must be angry this week because I've already sworn three times and our asshole oligarch finds an even less regulated jurisdiction than Texas headline of the week. Elon Musk SpaceX. Acquiring AI startup xai ahead of potential IPO I want. Yeah, you think it's? Yeah. So Well, do you think he's gonna, if he were really, like Elon musky, wouldn't he, try to get this? Wouldn't he get this headquartered in? Not Delaware obviously not even technology Novato Texas. But couldn't he do is like space, couldn't he be cheeky and do like create no jurisdiction there, right? Create some kind of space Town up there or something. No decks is is space. I'm excited for FanDuel. This is what we've reduced ourselves, too. I'm excited for FanDuel to release odds on whether this will be a dual class company with a classified board. Oh, musk will be on the board because somehow, he's angry about his own situation, even though he wins every election. Yeah, I think he's gonna retain like, in 90% voting interesting. I think he's gonna sell like, 10% will FanDuel billion dollars. They're not gonna have a bet on that, are they? But isn't, but isn't that all we care about like this? Well, actually, that I know this is off topic. How do those companies decide what calci? How do, how do they decide what to vote on? I mean, what you can bet on and what you can't bet on at Cal sheet with the Futures markets, you can get on anything, they just call them event contracts. They now no longer gambling, you could bet on this, you probably will be able to win what should be able to vet on is the date, most likely, the insider trading of it, all isn't gonna go crazy. What if you like new, what if you were working on the team that was developed that was like creating those comments? Yeah yeah. No that that world the problem and everybody just knows that the problem and no one cares. Okay. I think I only have one more In fact right now. Yeah, I can tell you there are About 20 SpaceX bets. Is that right? Yeah. Okay. No. And what precludes a SpaceX employee from doing? Anything good will. Okay. I think I only have one more headline. I have two. So why don't you go then all to my last one. Okay, in our not to be outdone. The Trump Administration is looking into a venting, a new type of energy they call Hot Star Energy. Yeah. Because the sun is out the amount of new solar power production capacity. China is manufacturing is legitimately mind-blowing. Did you see the chart? No, I did not. China has effectively changed the amount of like Energy Mix over the last. You know, a couple years and solar grew exponentially. What are they just manufacturing? And installing like solar cells everywhere just have solar cells every day. Yeah, they've got like solar collectors out in their desert like it's cheap. It's great in the Mountain West of America. You know, you starting with like, Arizona, New Mexico, it's just all. There is a son. I mean, and there's no people living anywhere. What are we waiting for that? Well, that what they're waiting for the Trump Administration to release hotstar energy that's related for those weird boys that run our government. Now to not associate the sun with some kind of version of like femininity or something like cuz they they determined that only oil has a penis but the son I think that comically correct. The son is a girl, right? Like these people are so out of their minds. They're they're just they're out of their minds. All right. Finally. in our, Target CEO gives seminar on Morrell silence headline of the week. German, FAA, slaps down, proposal to boycott World Cup As Trump rebuke. He says, debates on Sports policy should be conducted internally and not in public. What the hell does that mean? Like, I don't even know what so you can only. I don't only have an opinion with why else that you work with? Yeah. Because that's the thing about this, Michael fidelity thing that makes me the most insane I think is that unless he's just completely out of it, which is possible. Imagine the amount of conversations he's actually having about what's going on. You must be talking about it, right? No. Look his. Yep. Yes but it's all in private but like he he worked for literally 20 years under Brian Cornell, so he's learning to just keep his mouth shut or he's learned that because one, what was like, weird one, weird. Christian organization got mad at like selling Pride merchandise and one target one internet that's enough to say like don't do anything ever again. Yeah. Frank Cornell's big lesson and supporting gay people and black people and women in this country his lesson was not. This is great for business which he did say, and the name it was and it was they actually have numbers and the right for been the right thing to do what is lesson was one internet. Troll can make you look stupid and there You should never say anything ever again. Yeah but make you look stupid to who to the only the people who are fans of that internet troll. Right? To the Bots. That promote the Internet troll. Yeah. All right. Okay. Our Men say Call of Duty Black Ops 7 and chat GPT conversations that convinced them. They had a revolutionary idea about beer koozies. Were the number one reason they let their wives do the caregiving and child care last year. According to new data headline of the week. What's a mouthful? Women say caregiving and child care costs are the number one reason. They quit the workforce last year, according to new data, they got depressing, that is Yeah. Prior to that. It was actually the pandemic was actually better because they had help at home because everyone had to be at home know, the helpful home but they actually had bosses who were temporarily like sympathetic to the idea of working from home, right? I mean it was, that's all gone. That's all gone. And yo, post pandemic was like one of the big most productive periods in America. Right now. There was so much work and what's great too, is that not only are they not allowed to work from home anymore, but they're like ridiculed for the idea of doing it is ridiculed. Yeah. Now, Jamie Dimensions. Tell him to shut up and get back into the office. Meanwhile, men are too busy on Chachi GPT, with whatever, you know, or an island. I guess stroking them about their brilliant idea. For something. This isn't the stupidest thing. All right, I don't we fail. Once again, we've had like six straight. I think it was really fun. I think it was six straight business nuggets. Where we fail to really be uplifted. This is the funniest show he's ever done. That's all. We've got that hazelnut Rollins. So I'm at biscardi. We are free float. Come back on Friday. When we wrap up the week, I don't know if there's a shareholder Primacy this week, but there will be a proxy camera. Ready! I'm ready? We're ready! We're ready to. We're ready. And we're ready to go. So we'll have that for you until then good. Bye.
Data as of Oct 14, 2026