Transcript
Here's the headline, in a win for gun control, Advocates Visa, Mastercard and American Express plan to start separately, categorizing sales at gun stores, Matt, until last week. Guns store. Sales did not have a unique code and we're considered general merchandise. And this is, this should have been. This should a time where we that's your reaction to this. Isn't this just reversing stupid on. You're the dad again. You're like yes. You just said the data points. I spent a bajillion years basically just categorizing industry to Industry. So there's all sorts of Industry codes. That's true. He's not long. And they have to be like gelled like you and they're industry codes for things like people who pulled the feathers off chickens, like it's incredibly specific industry code and we did have one industry code for selling like the mass sale of things to kill each other. With that wasn't an industry code. We were waiting for visa and MasterCard to figure that out that is bananas. Was that an array win? Like, how ya do we know why? In the first place? It wasn't categories. Any clue. I don't know. I actually but that, but it does strike me. You're a librarian. Tell me like, it does strike me, like, the Dewey Decimal System thing where they put like homosexuality in mental illness. A while like it just seems like a categorization error except that I this feels strangely political because usually, there's not oversight of this level. You don't overlook guns. You don't just like blank out and be like uh, put it in general merchandise. I don't know. Like Librarians are actually not that stupid. How dare you? Don't defend the life experience. Why don't you at least rate this somehow? Are you is this good good? I mean I give it four stars out of three. I love it. I think it's great. I don't know, the system is the rating system, another story, remember all these are all stories that we've talked about, in the past powerful investor. You know, that's debatable. I mean, he's a big blowhard know, I know, but I don't know about headlines adjectives in their Daniel Lowe. You turned on calls for Disney to spin off ESPN. Admitting he got it wrong. Matt, we spent like a whole show on this. I'm trying to help Disney and Dan figure out new board members of Disney. And here's what changed, man, Disney CEO bald. Bob chapek said, well, the reason why we're keeping he actually said, this is the fit the family company Disney. He said, actually, the reason we're keeping ESPN is because of sports betting. Oh, and then, Dan lobb said, oh yeah, you're right. Forget it. That's it. That's Actual story. Wait, no that but Separate the sports betting, he his whole theory of the universe was Disney as a family company and the bedding is gonna happen at ESPN and therefore you should separate them out. And then there was a red house. It's he's convinced now, it's a match made in heaven, know what? He's convinced of his Disney. He's not a family company that's what he convinced him up. He said Disney is not some, you know, conservative like a quiet, you know, Christian company anymore. We are woke. And we, we were full of, you know, Brown, yellow purple people. And, you know, Screw you with anybody can bet if they want, it's America. Its freedom. Everybody's America, Jerry you. I like his Florida still part of America. This is yet no succeed. They succeeded and not succeeding is exceeded in making me not want to go there ever again. What I liked about the story is massive blowhard admits he was wrong. About thing. What I don't like about this story is the thing, he admits he was wrong about is the thing that was obvious anyway. So like why is this a story? All right, wrapping up in this category, a generic updates, just this is I just love how I just love a stupid. This is such one, sure, good from our stupid, from our, our CEOs category, Tim Cook, Reveals His biggest dispute with Steve Jobs and how it ended, right? So, Tim Cook. It Apple said that the biggest dispute ready for this man, was how to sell the iPhone, how to sell the iPhone either via a subsidy model or Revenue, share strategy? Oh, that's it. That's the Big Valley that's it. Come on. What do you think rate? It helped me. That's like, definitely not the biggest dispute they ever had, there's no way that's the biggest. Oh, actually, I have one more bonus headline in this category. Oh yeah. We have a little video from for this one, we do actually. All right, I'll just play the video, okay, ready. Well know before you play the video. Okay, give me some, I have a question for you, Matt. The video, the headline is Disney CEO, Bob, chapek booed after walking on stage at D, 23 Expo. That's an expo for Disney fans. What I want you to play the very beginning of this video. Matt, and do you agree with this? Do you think he's booed? All right, let's listen. Yeah. Yeah. He's now that I hear it? Yeah, I think it is. Yeah. Okay. This sounds like, is that really? There's no way he's not booed and I'm pretty sure, though. That was just Dan Loeb. That was there was nobody else. So, uh, CEO Bob chip, I get Disney. He's the, he's the new, like, Roger Goodell of the corporate world like, yeah. Yeah, what's really exciting and why? I gave this put this video on there for you. Matt. Is it, Bob ball ball, ball ball is growing a beer. Oh, It's fabulous. that's, That's a that's like a midsole baller CEO move, but now he just looks kind of like, pass a, what do you should do is shave his eyebrows? That would be baller. And for our podcast listeners who can't see the video, the beard is actually on the lower part, the bottom part of his head. It's not on the top of that is all hates people in the UK. It is hate speech was confusing, though. Come on, let's move on. Alright, the musk update, come on. Keep the show moving, man. I dare you. I'm waiting for you. Uh, first one. Here's the headline Elon Musk, as you've never seen him before in candid, pictures taken by his university girlfriend in the 1990s. This this, these pictures are being sold at a boston-based Auction Company. I mean yeah I know right? Who's gonna put this on their wall? What what? I don't okay. You want to move on from this. Yeah this is the dumbest story I've ever heard. I never want to read this story again once again, position inside her takes credit for that story. The next one that Elon Musk. Well, I like this one Elon Musk took an unprovoked stab at Instagram and response to a speech by Warren Buffett's, right hand man. That's so, so a couple things before you play the video. First of all, poor old Charlie Munger, he doesn't even get his own by line. Is not. He's just worn by right man. Man. He's like 9,000 years old for like 70 years. He's just been buffets right hand man. Yeah. Why don't you just play the video? Let's play it. People are. They're not really motivated by greed, they're motivated by Envy. It's the nature of our species that we look around. At other people. And if they have more than we do know, I don't I want to listen more. He's been a big problem. That's the reason the laws of Moses said you couldn't Envy The Neighbors Wife, you couldn't enter the name of the neighbor's land. You couldn't even enter your neighbor's donkey. I mean, I can't eat. I can't Envy a donkey. I like the Charlie Munger is still on this line of thought that like a wife is a man's possession just like his donkey and yeah, that is dirty, just equate, the two he did just equate can't embody. Certainly can't Envy a mongers dorm room. That's you can't envy. And second of all, I do love and billionaires. Tell us that the problem is not greed. It's that you want our money. That's the problem. Yeah, yeah. So here's what Elon Musk responded. He very simple response to this statement which was he tweeted of course you know the platform the Looks like he's going to be forced to buy. But anyway, he tweeted. Who knows he tweeted Instagram is an Envy amplifier. Yeah. Okay. So he took a swipe at who's there was that Zuckerberg so I guess what we've learned in the last few weeks is that Twitter is makes people depressed and Instagram, amplifies Envy, which is worse was the same, it's the same, I don't know. Okay, let's move on. Finally in the rate, the musk update headline, Twitter calls, Elon musk's third attempt to scrap acquisition invalid ahead of key shareholder votes. So Matt, they are voting on this tomorrow at Twitter, whether to approve or reject reject, musk's takeover bid and Elon Musk once again, trying to get out of it saying that the payment made to a whistleblower, The Whistleblower Mudge. It invalidates, the whole Yeah. Well, the mud what, signed an NDA to get seven million dollars and then violated the NDA by being a whistleblower and therefore is legally invalid. Can't use his testimony because it was in violation of an NDA. I didn't realize that's a nice. It's a juicy detail but the whole point of this thing, is it matter what mud said? It's all fake, it's all fake. Who cares? You know, this whole story could come to our crashing halt. If Twitter shareholders were just like f it. Like that would be, let's get a vote against the Takeover. That would be a spectacular wrinkle. It's not gonna happen though. No one. Oh let's move on. This is a new category in our world, probably one of my favorite categories. It's called rate the business pants. V on the queen Queen's death. I hope we can have a repeat of this. This is category sometime. First of all, here's a wonderful. Remember the in the night was it the 90s we had like a very awkward mishmash. What are these songs called? It was like rap groups and like, soft heavy. Metal heavy metal? Oh, yeah, what was? Yeah, there was rap. Metal was a thing, but that was like last biscuit but you're talking about, like, when when Aerosmith and Run DMC. Yeah, exactly. Exactly. Yeah. There's a massive, the perfect. This is the perfect for getting old. Good. Here's a here's a perfect one for our world business pants World. Nick Clegg one of Mark, Zuckerberg's top Executives. He might even really be the number two. Most important one now because, you know, Cheryl's gone. Where was he spotted us week, Matt. He was in the room when Prince Charles was confirmed as the new king. That's right. Amanda, executive in the Press. I love this. Big red arrow. I love that big red arrow. If, you know watching the video of the live stream, there was a picture in the Press with a giant arrow pointing at Nick clay, the back of Nick clegg's head. Like it was it was it's not even they were even like the front of him. It's the back of his head saying that's Nick Clegg. Yeah. Because if you Gwen except for one, you know obvious person in the bottom, right, the corner here that they all look alike. They're all the same person I really ages. I rate this as 0 and the scale the agency. I don't care about this. Up next. Also business, pants story about the The Queen's death. Here's the story going around King, Charles the Third taking, the throne means the world loses. A leading environmentalist, during an energy crisis. He said in a 2018 interview with the BBC he said as king, he would have to begin acting within constitutional parameters. Oh God, not permit him to be as a penny and vocal as he has been in the past and he was asking the time, whether he would continue his public campaigning as Monarch and he responded. No, I won't. I'm not that stupid. Oh good. Oh, he's right though because it is the 12th century and we should all be drinking tea. This is what can you imagine that? Like you're taking over for mommies like made up job and now you can't the one, the only thing that you seem to care about your entire life other than like ridiculing, your first wife in public was was the, you know, the the, the climate change crisis. And now is giving it up. And now that was, you know, what is a made-up title? I don't understand something. Well, look, and this is a, and suddenly it's a, if it's actually, if it's a political issue, then it means he doesn't believe in the science of it. Right? Because how was it a political issue? I don't understand you. She's a science thing. You should I don't know the Walton kids before they had to take over Walmart like they were like topless and and then you know like this is the way it goes. As Greta would say. Oh, you're a dope. King Charles III. That is Dopey. I'm sorry. But I, but again, like if he believes in the science and this shouldn't be a political issue, so shut your mouth. Finally, in this category, just because I just think it's wonderful. I guess there was something I found called was just titled UK's period of mourning. Sure, is something and Matt, I thought there was a sign posted Norwich by the Norwich City Council. Here's I'll read. The signs says advanced warning Royal period of mourning, this bike rack essentially. This bike rack will be closed from Friday, September 9th, until Wednesday September 21st. Because it's Royal period of more, the closing, a bike racks. They close to bike weeks for 12 days, they closed the bike rack for 12 days. King. Charles, the Third is right that his caring about the climate is done. They're getting rid of bike racks, really whatever you have to do that. I don't know why that didn't lead. All headlines about the Queen's death. That should have literally been the time just bizarre.