00:00:00
They came to see me and said, "Look,
00:00:01
we're looking for a real [ __ ] in this
00:00:03
and you're it." Well, listen. I met
00:00:05
Barbara in Vienna in 1601. That was my
00:00:07
first dance with her.
00:00:08
>> She was there, too.
00:00:09
>> No, the only reason she gets to LA every
00:00:12
year from New York where she lives here
00:00:14
is I buy her a new broom. I give her the
00:00:15
latest model. [laughter]
00:00:18
>> I said, Timmy, I mean, I admire you. An
00:00:20
ass is an ass, and there's [music] only
00:00:22
one ass. Make it your ass. Celebrate
00:00:24
your ass and put it in this film for
00:00:27
generations to come. I can't believe how
00:00:29
good I look. I look spectacular. It's
00:00:32
ridiculous how good I look.
00:00:35
>> Kevin Olirri.
00:00:38
>> Kevin. Kevin Ori.
00:00:41
>> Different move for us, but
00:00:43
>> I think you know he does uh financial
00:00:47
advice.
00:00:48
>> Shark Tank for years. Yeah.
00:00:50
>> At least 10 years of that. That shows
00:00:52
everywhere worldwide. And interesting
00:00:55
guy. And also he was plucked, was it by
00:00:59
the Saisies or uh yeah Josh Safy to be
00:01:02
in the new Marty [snorts] Supreme. So
00:01:04
>> yeah, Marty Supreme. So he it's really
00:01:06
interesting like the guy's never been an
00:01:08
actor and all of a sudden he's in this
00:01:10
big movie and uh it's really funny. He
00:01:13
talks about how he [snorts] he was
00:01:15
spanking uh Timothy Shallow movie and
00:01:19
and how awkward and all that stuff that
00:01:21
happens. But yeah, he's pretty pretty
00:01:23
funny. He's a confident guy. knows a lot
00:01:25
about business, but him
00:01:27
>> in kind of a, you know, like a
00:01:29
Oscar-winning movie for your first role,
00:01:31
it's really interesting.
00:01:33
>> Yeah. With the Saies, I mean, my god,
00:01:35
it's as cool as it gets. And, uh,
00:01:37
>> a big movie that's out there right now
00:01:40
still. And, uh, listen to what he has to
00:01:42
say about it. Here he is. Kevin Ol.
00:01:44
>> Listen to what the man said.
00:01:48
>> Kevin Ol, you know, he's really
00:01:51
interesting. Uh, oh. Oh, he's on. Oh,
00:01:55
>> yeah.
00:01:56
>> All right. Letter rip.
00:01:58
>> He goes, "I'll be there in a minute."
00:02:00
>> That [laughter] sounds like a product.
00:02:03
That sounds like a name of a toy or
00:02:06
something called Let It Rip. I like it.
00:02:08
Let's go with it. We get some funding.
00:02:11
Spade and I throw in a couple hundred.
00:02:13
[laughter]
00:02:15
>> Dude, if I had Kevin's money, I'd throw
00:02:17
mine away. [snorts]
00:02:20
Do people who are very [laughter]
00:02:23
wealthy? If you walk into a room and
00:02:25
you're very very very wealthy, but then
00:02:28
you've got billionaires, multiple
00:02:30
multiple billionaires. Do you feel
00:02:32
small?
00:02:34
>> Um, you know,
00:02:38
>> I mean, I don't need any more money. I
00:02:40
just need more time. That's my real
00:02:42
issue.
00:02:43
>> Yeah. You're right.
00:02:45
>> Like there's You know what I think?
00:02:47
There's always a guy way richer than
00:02:49
you. Yeah,
00:02:50
>> always. And so I don't really give a
00:02:52
[ __ ] about that.
00:02:54
>> When I go in a room, I go, "What if I
00:02:56
walk in this room and someone's better
00:02:58
looking than me?" I mean, the chances
00:03:00
are low, but there's a chance.
00:03:04
>> No, that that never happens to me.
00:03:06
[laughter] Not
00:03:07
>> here's my way of thinking about it.
00:03:08
Like, it's just a bigger room to watch
00:03:10
TV. I think that was in a movie, but
00:03:12
>> No, no, listen. I I look fabulous all
00:03:14
the time. I can't believe how good I
00:03:15
look. It's ridiculous.
00:03:16
>> Yes, you look great. And
00:03:17
>> is it after shave? Is it moisturizer? Or
00:03:19
is it just your attitude? Because you do
00:03:21
look good.
00:03:22
>> You look fresh.
00:03:23
>> Mhm.
00:03:24
>> Fresh and exciting.
00:03:26
>> You know, I see you on a lot of these
00:03:27
shows, Kevin. Um, not not only Shark
00:03:30
Tank, but I see you when you're on some
00:03:32
business shows and you always have good
00:03:34
energy. You always have a lot to say and
00:03:36
you're very articulate and you can speak
00:03:38
well. And I think that's a big part of
00:03:41
your success. You have opinions and you
00:03:44
lay them out. You don't sort of mince
00:03:46
around.
00:03:47
>> Yeah. You know, I mean, the way I look
00:03:51
at it is just tell My mother told me
00:03:52
when I was 16, just tell the truth. You
00:03:54
never have to remember what you said.
00:03:56
>> Now, some people don't like it. They get
00:03:59
off. That's true. All that stuff. But I
00:04:01
can't keep everybody happy. What am I
00:04:03
supposed to do? I I care about my family
00:04:05
and maybe 15 friends and everybody else.
00:04:07
I don't give a [ __ ] [laughter]
00:04:10
>> I I'm with you. I don't give a [ __ ] you
00:04:12
know? Uh No, it's good. I mean, when
00:04:14
you're on like a cable show, then you've
00:04:16
got to do the sound bites. You got to be
00:04:18
really succinct. Now you're on a
00:04:20
podcast, so it's it is a little more
00:04:21
interesting, right, for you? Or you can
00:04:23
just say whatever you want or or no.
00:04:26
>> No, but listen, I respect I mean, I got
00:04:28
to admit, you know, I got a lot of
00:04:30
followers, I don't know, 11 million
00:04:32
followers, and they sometimes I get like
00:04:34
a an essay, maybe four pages,
00:04:37
well-written,
00:04:39
just blasting me about something. I
00:04:41
said, imagine four pages. Imagine
00:04:44
[laughter]
00:04:45
>> somebody spent like an hour writing it
00:04:48
really well. I mean, I don't know if
00:04:49
it's AI generated or not, but they
00:04:51
really worked on it [laughter] even. And
00:04:53
I got to say to myself, well, I got to
00:04:55
respect the amount of time. Why would
00:04:57
you waste your time on that unless you
00:05:00
were very passionate about it? And those
00:05:02
are the people that I actually respond
00:05:04
to. Most of us hate mail. And then
00:05:06
there's about two and a half% what I
00:05:08
which I call the lunatic French, which
00:05:10
is just they're completely [ __ ]
00:05:12
crazy. And what am I supposed to do
00:05:13
about that? Nothing. I can't do anything
00:05:15
about it.
00:05:16
>> Um,
00:05:17
>> and so that's it. I mean, you know, I
00:05:20
kind of I've been dealing with it for 20
00:05:22
years and I I've I've kind of found a a
00:05:25
place to live and and float in the sea
00:05:29
of happiness.
00:05:30
>> You're doing good. Now, when when Shark
00:05:31
Tank came out, how long did it take for
00:05:33
that to sort of catch on or was it
00:05:34
immediate? I can't remember.
00:05:36
>> No, it got cancelled three years in a
00:05:38
row. The story is legendary. [laughter]
00:05:40
Um, I mean, every year it got cancelled.
00:05:43
Everybody hated us. But Willow
00:05:45
[laughter] Bane was married to Iger. Uh,
00:05:48
and I'd met her way back inc
00:05:52
days.
00:05:53
>> And she was raising kids with Iger and
00:05:55
they loved the show. And so every time
00:05:57
he'd come home saying, "Ah, we whacked
00:05:59
those guys on Shark Tank." She said,
00:06:00
"No, no, no, no, no. We're not whacking
00:06:02
Shark Tank. Our kids like it. Other
00:06:04
families like it. It's it's it's the
00:06:06
only thing on TV that doesn't have
00:06:08
everybody naked screaming about sex
00:06:10
>> and and so it became a family hit and
00:06:13
then the fourth year it just went
00:06:15
geometric. I mean poo poo happened, you
00:06:17
know,
00:06:18
>> geometric. I I'm glad they didn't go
00:06:20
into like Shark Tank Island where then
00:06:22
it's they're all dating. That's what it
00:06:24
should have gone into because that's
00:06:26
that's what most shows are on TV.
00:06:28
>> We said it was called Beyond the Tank.
00:06:30
Right into the poop shoot. That's what
00:06:31
happened. [laughter]
00:06:33
>> Excellent. the first time someone has
00:06:35
said [clears throat] poop shoot on this
00:06:37
podcast. Thank you for that.
00:06:38
>> You'd think it would be a lot. It's not.
00:06:40
No one said it.
00:06:41
>> You think it'd be a common, but no one's
00:06:42
ever said it.
00:06:43
>> So, Willow Bay helps out because it is
00:06:44
sort of a family show where you it's fun
00:06:48
to sort of figure it out and it's fun to
00:06:50
decide as a family. Is this something
00:06:53
that's a good business? You know, you
00:06:54
learn about a lot of things.
00:06:57
>> Well, I think the reason it works is
00:07:00
that we don't know. You don't know
00:07:01
what's going to walk through those
00:07:03
doors. And it's the essence of the
00:07:05
American dream. I mean, the idea that
00:07:07
you can come up with a product or
00:07:08
service that solves a problem, become a
00:07:10
multi-millionaire, which we've done
00:07:11
countless times in 17 years. We've sold
00:07:14
billions of dollars worth of product.
00:07:16
You got eight minutes on network TV and
00:07:18
110 million eyeballs on syndication in
00:07:21
54 countries. I mean, come on. I mean,
00:07:23
it's
00:07:24
>> this podcast. You you just you just need
00:07:26
to find some product that pe that that
00:07:30
you're beyond [clears throat] just your
00:07:32
grandmother and your uncle buy. You got
00:07:33
to find something that really people
00:07:35
need. And it's all kinds of crazy stuff.
00:07:38
I mean, think about, you know, uh pet
00:07:40
DNA tests and stuff that you would think
00:07:43
would never work makes hundreds of
00:07:45
millions of dollars.
00:07:46
>> Yeah. You don't And that's the thing.
00:07:48
You got to sort of troubleshoot it in a
00:07:50
short amount of time and say, "How much
00:07:52
will I invest?" And if you do, then you
00:07:54
go, "Oh, now I got to beat someone else.
00:07:55
Now I got to go higher than I wanted to
00:07:57
go." That that's that's part of the
00:07:59
intrigue.
00:07:59
>> I mean, at the first million's easy, uh,
00:08:02
because you do it yourself. But getting
00:08:04
like when you hit five million, you got
00:08:05
to start hiring people. You have to find
00:08:07
out if you're a manager. A lot of people
00:08:09
[ __ ] the bed when that happens. They
00:08:11
blow up.
00:08:12
>> Um, but if you can get to five, you can
00:08:15
get to 50. If you get to 50 million in
00:08:17
sales, you get to 500 million. We've had
00:08:18
that happen lots and lots of times
00:08:20
because basically you've proven that you
00:08:22
know the product works and people want
00:08:24
it. Now you have to scale it. That's a
00:08:26
different skill set often you and you
00:08:28
have to find other people that can help
00:08:29
you do it. But you know it takes it
00:08:34
generally takes three to five years to
00:08:35
prove out a company but it happens
00:08:38
quickly. When it's a hit, it's a hit.
00:08:41
>> Yeah, that must be the fun. Is the idea
00:08:43
kind of sort of figuring out what people
00:08:46
need that before they know they need it?
00:08:49
>> I think what happens is to the big ones
00:08:51
is they find they find some pain point
00:08:54
that they look around them and everybody
00:08:56
has that pain point.
00:08:58
>> Now here I I mentioned it earlier but
00:09:00
I'll give you an example.
00:09:01
>> Most cats die at around 12 to 13 years.
00:09:05
I'm not a cat guy but I'm giving you
00:09:07
data I know because I invested this
00:09:09
company called Base Paws. However, cats
00:09:11
in ancient Egypt, chocolate point
00:09:14
Siamese, lasted past 30 years. How' they
00:09:18
do that? Because the ancient Egyptians
00:09:20
knew what to feed them. And so they'd
00:09:23
give them food that that they would not
00:09:25
abscess their teeth. So we give them
00:09:27
[ __ ] food and they die really quickly.
00:09:29
So, if you get a cat DNA test and you
00:09:32
find out which of the three genres of
00:09:34
cats it comes from because there's only
00:09:36
three big pools, you can actually feed
00:09:39
the right food to a young cat and have
00:09:41
it last half of your life or maybe, you
00:09:43
know, 40% of your life. And so, this
00:09:46
thing called base paws, where you stick
00:09:48
a Q-tip where the sun doesn't shine in a
00:09:50
cat and send it in and get this
00:09:53
analysis, $29. So, when she came on the
00:09:56
set of Shark Tank, I said, "Well, excuse
00:09:58
me. I can buy a new cat for five bucks.
00:10:00
Why would I spend 29 on a test like
00:10:03
this? [snorts]
00:10:04
And and 110 million
00:10:07
>> cat owners [ __ ] on me.
00:10:09
>> But, you [laughter] know, I eventually
00:10:12
figured out I wanted to do that deal and
00:10:14
I did and um we made a lot of money, a
00:10:18
ton. It it was bought by a giant
00:10:19
pharmaceutical company later for the
00:10:21
data.
00:10:22
>> It's cheaper than moving to Egypt,
00:10:25
>> right?
00:10:26
>> Basically. Yeah.
00:10:27
>> Yeah. You know, it's funny because when
00:10:28
my brother ran uh that Kate Spade
00:10:30
company, it he was just a guy from
00:10:32
Arizona with Katie. And
00:10:34
>> it kind of blew up pretty fast. And I
00:10:37
remember seeing him in the office when
00:10:39
he's like, I just had a dock worker in
00:10:40
here tell me he's going to break my legs
00:10:42
if we don't do that. He goes, I don't
00:10:43
want to do this part of it. That's what
00:10:44
you're saying about management. That's
00:10:45
what I thought is like he was into
00:10:47
designing stores. She was into putting
00:10:49
the bags together, but when you start
00:10:50
getting it's too big,
00:10:53
then they did wind up selling because it
00:10:56
just was out of their reach. That's not
00:10:58
what they were trained to do. And it's
00:10:59
so [ __ ] complicated to run a big
00:11:02
operation.
00:11:02
>> Well, it's true. Executional skills are
00:11:04
next to impossible to find. And so, you
00:11:07
know, you're right. Big is 50 million.
00:11:10
And after that, you need executional
00:11:11
skills. And most people that founded the
00:11:13
company don't have them. And they they
00:11:15
go to zero because of it. they buy too
00:11:17
much inventory or they don't manage
00:11:18
their systems and whatever it is. I see
00:11:20
it happen all the time. That's why I
00:11:22
make a lot of changes at around the 50
00:11:24
million rate and I say, "Hey, listen,
00:11:26
I'm gonna help you out. You're going to
00:11:27
[laughter] get bored. I got to whack you
00:11:29
now, which is a good thing."
00:11:31
>> Well, you need someone that knows what's
00:11:32
going on, who's done this before, right?
00:11:34
Because it's like a movie. You go, you
00:11:36
make your own movie and you go, I don't
00:11:37
know how to make a movie. You think you
00:11:39
do. And it's there's so many people that
00:11:40
do each job better than you. You need to
00:11:43
keep hiring people to make sure they've
00:11:45
done this before and it's too many
00:11:47
moving parts.
00:11:48
>> Yeah. Movie making stuff. I just
00:11:50
finished one of those. That's
00:11:52
>> Yeah, we're excited about that. I mean,
00:11:53
the Safties, is it both Safety Brothers
00:11:55
that directed it? One.
00:11:56
>> No, no, no. This is just Josh. This is
00:11:58
Okay. Wrote the script with Ronnie
00:12:00
Bronstein, the same guy that did Uncut
00:12:01
Gems. They are very disturbed
00:12:03
individuals.
00:12:05
>> Yes. [laughter]
00:12:06
>> Yeah.
00:12:07
>> I know them a little bit. I know they're
00:12:08
sick puppies.
00:12:11
Well, Uncut Gems was a sweaty uh
00:12:14
fast-paced movie that was really uh well
00:12:17
done and they they they know what
00:12:19
they're doing for sure. And this one
00:12:21
already has a lot of attention and
00:12:22
sounds from uh it's going to be great
00:12:25
>> on the award. I honestly honestly Kevin
00:12:28
I thought you'd be in a cameo when I
00:12:30
first heard I thought you'd come into
00:12:31
one scene or something. You're in the
00:12:33
entire movie and you land one of the
00:12:35
biggest lines at the end. They came to
00:12:37
see me and said, "Look, we're looking
00:12:39
for a real [ __ ] in this and you're
00:12:40
it."
00:12:41
>> Right. Someone who's just incredibly
00:12:44
cruel and mean and really cocky and then
00:12:47
they thought of you.
00:12:48
>> Yeah.
00:12:49
>> I don't know how that happened.
00:12:50
[laughter]
00:12:50
>> I don't know how I didn't get called it.
00:12:53
>> Did you say at the end of the movie, I
00:12:55
was born in6001? Did I hear that right
00:12:58
when you're talking?
00:12:59
>> I was very unhappy with the ending and
00:13:01
Josh and Ronnie and I fought about it
00:13:03
for a couple of months. I said, "This
00:13:04
guy, this Marty Mouser, if he really did
00:13:08
this to me in real life, I would [ __ ]
00:13:10
him over so badly. You have no idea. And
00:13:13
why am this easily? I just I'm so
00:13:16
unhappy with this."
00:13:18
>> And we started to negotiate.
00:13:20
>> I wanted to kill off Rachel. I wanted
00:13:22
Marty to die. I mean, [laughter] that
00:13:25
was me. And they said,
00:13:26
>> "You weren't just a hired actor. You
00:13:27
were
00:13:28
>> Well, I I mean, listen, I at least they
00:13:30
listened to me a little bit. I just
00:13:32
don't feel right about it." is is
00:13:33
Milton. I'm really pissed. And so we
00:13:35
came up with this idea that maybe and I
00:13:39
suggested to them perhaps I'm a vampire
00:13:41
and I bite him and he lives in hell in
00:13:42
perpetuity. That seems fair.
00:13:45
>> And he said, "Well, we're not going to
00:13:46
put fangs on you and have blood spurting
00:13:48
all over the place." I said, "Why not?"
00:13:51
>> That you're that's your kind of movie,
00:13:52
guys. Look at the stuff you make.
00:13:54
>> Yeah, you weirdos.
00:13:55
>> And and they and they said, "No, but you
00:13:57
could maybe hint at it." And that's our
00:13:59
comp that's the compromise. And listen,
00:14:01
I've been to the couple of premieres and
00:14:03
people are howling at the moon at the
00:14:04
end saying, "Wait a second." It's a huge
00:14:07
narrative, a big disagreement about
00:14:09
whether Marty paid the full price he
00:14:11
should have. And I think that's what
00:14:13
make these guys magic. They get people
00:14:16
>> talk.
00:14:17
It's like the uh the Instagram comments.
00:14:20
You want people to fight.
00:14:23
>> Yeah. I mean, look,
00:14:24
>> the comments more people talking.
00:14:26
>> Well, I mean, has this ever happened
00:14:28
before in the modern era? Like this is
00:14:29
this is a movie that's on it's a it's a
00:14:31
great movie. It's on the award circuits.
00:14:33
Everything you'd never done acting in a
00:14:35
film I and then you're in this film. I
00:14:38
mean is Larry Cuddlo have a deal or Jim
00:14:40
Kramer? [laughter]
00:14:42
>> I mean I don't
00:14:46
know what the rules are. I don't give a
00:14:47
[ __ ] I mean it just look to me as you
00:14:50
you walk into a room you know the story.
00:14:52
You know the script. You read the room.
00:14:54
It's 1952. It's so beautifully you know
00:14:57
set. is amazing and then you just go at
00:15:00
it and
00:15:01
>> well I mean I don't maybe that is acting
00:15:03
I don't know
00:15:04
>> right they're there to steer you anyway
00:15:06
so and you're on camera all the time and
00:15:08
the you you've got a little bit of that
00:15:10
beat so you're ahead of the game and
00:15:11
[clears throat] you're already sort of
00:15:13
that personality so if you can get the
00:15:14
lines down and not freeze up like Cindy
00:15:16
Brady
00:15:17
>> you can probably get through it
00:15:18
>> well you you have a career like a
00:15:21
gigantic career so you walk on a set
00:15:23
when we were in our early days trying to
00:15:25
audition you getting past the terror and
00:15:28
the fear of not doing it right or am I
00:15:31
and for you to walk in with as a wealthy
00:15:34
businessman and TV star. I mean, I guess
00:15:36
that's part of the reason or just your
00:15:38
nature that you were that relaxed acting
00:15:40
across from Timothy Shalomé who's kind
00:15:42
of one of our great actors, you know,
00:15:45
>> huge actor right now.
00:15:46
>> Yeah, he he was great. And I I think uh
00:15:48
he he was kind of a you know, I figured
00:15:51
him out in the he figured me out in the
00:15:52
first couple of minutes when we started
00:15:54
shooting. Our first day was seven pages.
00:15:56
A lot of text.
00:15:57
>> That's a big day.
00:15:58
>> Yeah. And we uh we just found the
00:16:00
groove. He kind of snaps into his
00:16:02
character and then I could just beat him
00:16:03
up. That was what I thought, you
00:16:06
[snorts] know. [laughter]
00:16:08
>> Well, the way you did deliver the
00:16:10
request and the way they shot that of
00:16:12
the the infamous now maybe paddle scene
00:16:15
and make him go get this paddle. You did
00:16:17
have a kind of a very devious thing
00:16:20
about your your character that has
00:16:23
nothing to do with
00:16:23
>> We had an ass double and he did and it
00:16:26
was 3:00 in the morning and I said,
00:16:27
"Look, the the fake paddle we were going
00:16:30
to use got broken the first hit. It got
00:16:32
broken immediately cuz it had a hinge
00:16:33
and it was made of foam and it was crap.
00:16:35
Then we had to go to a real paddle and
00:16:37
the ass double guy was going to take the
00:16:40
hit. But Timmy said, "No, I want to
00:16:43
immortalize my own ass in perpetuity."
00:16:45
And so I said, "I have to hit your ass.
00:16:47
It's going to hurt." So we rotated
00:16:49
cheeks so that they were equally red
00:16:51
through 20 takes. And finally Josh said,
00:16:54
"You know, you're not hitting him hard
00:16:56
enough. You're holding back. You got
00:16:57
them lined up like back." Well, they
00:17:00
said, "Look, I'm happy to do it. I mean,
00:17:02
I'll do it.
00:17:03
>> I'll happily do it." Um,
00:17:06
>> why happily?
00:17:07
>> I'll break his
00:17:08
>> I did I mean I You know, my character
00:17:10
should have done more than that to him,
00:17:12
but
00:17:13
>> yeah.
00:17:14
>> Right.
00:17:15
>> We've all had that conversation, I
00:17:17
think, with someone
00:17:18
audition for the
00:17:20
>> done here. Hold on. I can
00:17:21
>> Is the sun in your Is that the real
00:17:23
back? What is that?
00:17:24
>> No, that's uh that's New York City right
00:17:26
out the window. I'm at the Whitby right
00:17:28
now. I love this place.
00:17:29
>> Whippy hotel. Oh, okay.
00:17:31
>> Whippy. What's that?
00:17:32
>> Fifth Avenue, I think.
00:17:35
>> I just
00:17:37
>> It's a write-off because you're doing
00:17:38
this. Good job.
00:17:41
>> You know, every year, David, I think we
00:17:44
can unequivocally say this. We make
00:17:46
resolutions
00:17:47
>> that somehow never stick, right?
00:17:50
>> But this year, I found the one
00:17:53
resolution that actually works.
00:17:57
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00:18:00
succeeds where extreme resolutions fail,
00:18:02
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00:18:05
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00:18:07
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00:18:09
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00:18:11
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00:18:16
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00:18:18
things and then some at a fraction of
00:18:21
the price. Plus, uh, I don't know if you
00:18:24
know this bonus. It tastes amazing. Each
00:18:28
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00:18:30
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00:18:32
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00:18:34
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00:18:37
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00:18:39
ingredients. And six grams of prebiotic
00:18:42
fiber. That's more fiber than two cups
00:18:44
of broccoli.
00:18:45
>> Uh, Grun's does the heavy lifting while
00:18:47
it feels like doing the least.
00:18:50
There's even Grun's kids with, get this,
00:18:54
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00:19:10
That's fws.co.
00:19:15
We have the crummiest backdrop. Mine
00:19:17
doesn't do anything. I have just a
00:19:19
rocket ship.
00:19:21
>> I have a lava lamp.
00:19:24
>> Is that a little sad fern?
00:19:26
>> Yeah. What is
00:19:27
>> I don't know. I thought that was a
00:19:28
little monster, but I think it's a fern.
00:19:30
>> Please stand by.
00:19:32
>> Is that Andy's book or Norm's book?
00:19:34
>> Is that on a TV screen or It doesn't
00:19:36
look real.
00:19:37
>> You mean Kevin's?
00:19:38
>> Yeah.
00:19:39
>> We keep all this on because we're
00:19:40
authentic.
00:19:42
>> No, no, it's 100% authentic and you're
00:19:44
getting real time. Listen,
00:19:45
>> this is good. Tonight is the big
00:19:48
premiere in New York. We've got
00:19:49
>> Oh, it is.
00:19:51
>> We got We got Timmy. We got
00:19:53
>> What do you say to Kylie Jenner tonight?
00:19:55
What do you think?
00:19:56
>> And
00:19:57
>> And we have And we have the Sharks.
00:20:00
>> Your whole team's coming.
00:20:02
>> Your whole team.
00:20:03
>> I got Cuban flying up from Washington
00:20:05
where he's changing the health care
00:20:07
system.
00:20:08
>> Okay.
00:20:08
>> And [laughter] um Good.
00:20:11
>> I got them all. They're all showing up.
00:20:12
We're going to do Shark Tank meets, you
00:20:15
know.
00:20:16
>> Oh,
00:20:16
>> Arty Supreme. I think that's a great
00:20:18
idea.
00:20:19
>> Now, how many sharks are there at total?
00:20:22
>> Well, including the guest sharks, 4,000.
00:20:25
>> But, [laughter]
00:20:27
you know, the original sharks were six.
00:20:30
Um,
00:20:31
>> was it six sitting there? That's a lot.
00:20:34
Is six too many to cover and all that
00:20:36
[ __ ] How long does it take to do one
00:20:38
pitch? Well, listen guys, that's hard
00:20:40
work because we start, as you know,
00:20:42
making uh reality TV. You try and shoot
00:20:45
three episodes in a day, start at 5 in
00:20:46
the morning at night. [snorts]
00:20:49
>> You got to rotate the talent, otherwise
00:20:50
they're going to drop dead on you.
00:20:52
>> For sure.
00:20:53
>> And you're in your 40s now, so it's
00:20:55
probably getting tougher.
00:20:56
>> I'm 28 years old and I'm tired.
00:20:58
>> Okay. Right.
00:20:59
>> You know,
00:21:00
>> remember, I'm in vampire years. I'm
00:21:01
never
00:21:02
>> That's right.
00:21:03
>> We can't give away everything.
00:21:04
[laughter] But you know, [clears throat]
00:21:06
um, that's that's why he's drinking pee.
00:21:09
He's a vampire. Um, so listen, you have
00:21:12
it was first first sharks were you.
00:21:16
Barbara, maybe?
00:21:18
>> Well, listen. I met Barbara in Vienna
00:21:20
in6001. That was my first dance
00:21:22
[laughter] with her.
00:21:23
>> She was there, too.
00:21:24
>> No, the only reason she gets to LA every
00:21:26
year from New York, where she lives
00:21:28
here, is I buy her a new broom. I give
00:21:29
her the latest model. [laughter]
00:21:33
>> I love it. What a And there's Cuban. He
00:21:35
came on later, didn't he?
00:21:36
>> Yeah, I think season four he came on.
00:21:39
Uh,
00:21:40
>> he's a new guy.
00:21:41
>> Well, he's my grasshopper. He's still
00:21:43
learning.
00:21:43
>> Yeah, he's still learning. [laughter]
00:21:44
That's
00:21:46
>> Have you and he done business together
00:21:48
or is it just on the show? You guys have
00:21:50
things you own together and plan
00:21:52
together or just friends?
00:21:53
>> No, we have many deals together. Our
00:21:54
teams work together. I mean, there's so
00:21:56
many companies we've invested in. Yeah.
00:21:58
>> You know, he likes equity. I like
00:22:00
royalties. So, he's a little bit
00:22:02
country. I'm a little bit rock and roll.
00:22:03
that kind of thing.
00:22:04
>> Okay.
00:22:04
>> And uh and that's what makes it
00:22:06
interesting. We've, you know, we've
00:22:07
taught America about prep shares,
00:22:09
convertible debentures, equity versus
00:22:11
debt, royalties, you know, all that
00:22:13
stuff. I think it's terrific what we've
00:22:15
done.
00:22:15
>> Is it weird in Hollywood? Like I was on
00:22:18
David Spades talk show and I got I think
00:22:20
0.05
00:22:22
cents for rerun.
00:22:24
>> Yeah.
00:22:25
>> I mean the Hollywood I don't know if
00:22:26
>> you got to put that away.
00:22:28
>> The royalties are pretty funny.
00:22:30
>> Don't give up your day job.
00:22:31
>> Yeah. He's sock it away. They add up.
00:22:33
>> I'm equity. I don't I'm not a royalty
00:22:35
guy.
00:22:36
>> Okay. Well, I mean, you you know, in in
00:22:38
Hollywood these days, I think you want
00:22:40
to buy out the forwards. That's my view.
00:22:43
Get the cash now. Invest it yourself
00:22:45
because you don't know what's going to
00:22:46
happen to syndication. Not that we want
00:22:48
to get technical here, but the world's
00:22:50
changing so much in me.
00:22:51
>> Oh, no. That's
00:22:51
>> No, we can getation died a long time
00:22:54
ago. There's no more.
00:22:55
>> Yeah. I my you know bread and butter was
00:22:59
sitcoms and then and even movies like
00:23:01
you can do all right just reruns and
00:23:03
reruns and reruns and it goes to HBO
00:23:05
then it goes to somewhere else and it
00:23:07
goes you know grown-ups we joke it's
00:23:10
keeping the lights on at TBS over there
00:23:12
it's on seven times a day and then it's
00:23:14
grown-ups too so
00:23:15
>> well same for us Shark Tank's on four
00:23:17
hours straight on CNBC at night so you
00:23:20
know things go through the syndication
00:23:23
process obviously by the way I'm a big
00:23:25
And I haven't told you that yet. I I
00:23:28
think you're pretty good. I you know, I
00:23:30
don't have a big enough ego to say that,
00:23:32
but I'm happy to do it.
00:23:34
>> Okay. You're talking to me or Dana.
00:23:36
Don't say Dana.
00:23:36
>> Both of you guys. Absolutely. Both of
00:23:39
you.
00:23:40
>> I appreciate it. That was nice of you to
00:23:41
come on. By the way, we uh we like what
00:23:42
you do and uh I watch on these shows and
00:23:45
>> you know, Shark Tank is one thing and
00:23:46
then when you see on these shows and
00:23:48
you're you're talking I I like that you
00:23:50
hold your own against everyone and
00:23:51
you're not very political. You say,
00:23:53
"I'll take it down the middle. So give
00:23:55
me any president just let's make some
00:23:57
money.
00:23:58
>> Yeah. You know this whole thing uh with
00:24:02
the way I've stayed out of trouble on
00:24:03
this particularly in LA which obviously
00:24:06
is to the left and then the New York
00:24:08
left and left and right. I don't care
00:24:10
about that stuff. I'm a policy guy. Does
00:24:13
this make sense? Because I don't show
00:24:15
for politicians. How can you? They come
00:24:16
and go like crazy.
00:24:18
>> So I don't care about that. I care is
00:24:19
this good policy and I invest a lot. So
00:24:22
I say this is a good idea. It's a bad
00:24:23
idea. this policy works, this doesn't
00:24:25
work, you know, whatever. And that seems
00:24:27
to have kept me out of trouble. I do as
00:24:28
many hours on CNN as I do on Fox.
00:24:31
>> Yeah, I've seen you on both.
00:24:32
>> Yeah, I do it on both. And I say, "Hey,
00:24:34
listen. This is what I think. And if you
00:24:37
don't like it, it it's really
00:24:40
interesting how um split and divided the
00:24:44
country is now." Wow. It's crazy. And I
00:24:47
don't know why because the the essence
00:24:50
the number one export of America is not
00:24:52
energy or technology. It's the American
00:24:54
dream. It's the number one economy on
00:24:55
earth for all its faults and everybody
00:24:57
this and everybody that. I mean, I don't
00:24:59
see people going under barb wire in a
00:25:02
river to try and get into North Korea.
00:25:04
They're not doing that.
00:25:06
>> No,
00:25:07
>> that's happening here. And so people
00:25:09
still want the American dream wherever I
00:25:11
go. And the Shark Tank thing's on in 54
00:25:13
countries. So I can go to Saudi Arabia
00:25:15
and meet the leader because the kids
00:25:17
want Shark Tank pictures. I'm not
00:25:19
kidding.
00:25:19
>> Yeah, for sure.
00:25:20
>> Amazing. It's an amazing passport. I'm
00:25:22
an ambassador of the American dream. I'm
00:25:23
proud of it. And that's not red or blue.
00:25:27
So I go to Washington to complain about
00:25:28
policy. They let me in both sides
00:25:30
because everybody wants to create jobs
00:25:32
in their state. Who hates jobs,
00:25:35
>> right? Um what is our secret sauce, you
00:25:38
think, in America? Is it it it we have
00:25:41
more freedom than other countries to we
00:25:44
don't have the government
00:25:46
um on top of us too much compared to
00:25:49
other countries because usually in a lot
00:25:51
of countries if you make money you're
00:25:53
kind of in the bullseye a little bit
00:25:55
especially living in California you are
00:25:57
kind of public number one you are the
00:26:00
rich who don't pay their fair share so
00:26:03
it's a little disconcerting but I guess
00:26:05
we're just better than any other country
00:26:07
if you want to pursue your dreams with
00:26:08
hard work.
00:26:09
>> Well, I think it's about personal
00:26:11
freedom. You know, entrepreneurship is
00:26:12
not a pursuit of money or greed. It's
00:26:14
about the pursuit of personal freedom to
00:26:16
do uh whatever you want with your time.
00:26:18
And that's the American dream. And if
00:26:20
you get it right, and some many people
00:26:22
do, um you get you're able to do that,
00:26:25
provide for your family. Now,
00:26:27
California, I don't think you guys are
00:26:29
paying your fair share. You should be
00:26:31
paying 99% tax.
00:26:33
>> I thought we did. [laughter]
00:26:35
>> That's good. And that 1% that's good.
00:26:38
And then here in New York, uh, we have
00:26:40
the big communist experiment going on
00:26:42
and I'm cool with it.
00:26:44
>> I mean, I don't live here. I visit
00:26:48
>> and I wish everybody the best. And
00:26:49
they're paying their 99.99%
00:26:52
tax. And that's their fair share. All of
00:26:54
it.
00:26:55
>> You know, remember that song Tax Man by
00:26:58
George Harrison?
00:26:59
>> Oh, yeah.
00:26:59
>> That was 99.2%
00:27:02
tax on the Beatles when they moved to
00:27:04
Francis said, "Screw this."
00:27:06
>> Right. Oh, is that how bad it was? How
00:27:08
bad was it?
00:27:08
>> Yeah. Yeah, it was. It was 19 shillings
00:27:11
out of 20 shillings in a pound.
00:27:14
>> Oh my god. Because they were making the
00:27:16
most money.
00:27:16
>> Why he wrote that song. And I think that
00:27:19
gives you an idea that you don't The
00:27:20
great thing about America is the
00:27:22
competition of states. You don't have to
00:27:23
stay in New York or California. You can
00:27:26
visit like I'm doing. I love New York. I
00:27:28
love the Rockets. I went downstairs and
00:27:31
bought some gloves today. I'm supporting
00:27:32
the economy here, but I'm not living
00:27:35
here. And I've got my app making sure
00:27:37
I'm here six months less a day and and I
00:27:40
wish [laughter] everybody for sure.
00:27:41
>> And I'm telling you, the best real
00:27:44
estate agent in Florida is Mandami. He
00:27:47
is selling houses down there like you
00:27:49
can't believe.
00:27:49
>> Just the planes, they have to get extra
00:27:51
flights. Just people are leaving.
00:27:52
[laughter]
00:27:53
It's like Palm Beach.
00:27:55
>> I'm telling people, stop moving to
00:27:57
Florida. The traffic sucks.
00:27:59
>> Oh, that is that where your base is?
00:28:01
Yeah, of everybody lives in Florida now.
00:28:03
All my Boston neighbors, all the
00:28:05
neighbors here, every hedge fund manager
00:28:06
I know, every finance guy, they live in
00:28:09
Florida and they visit New York. I don't
00:28:12
know who's going to pay the taxes here,
00:28:14
but I this isn't going to work.
00:28:16
>> Wow.
00:28:16
>> Yeah, it's a tough spot.
00:28:18
>> Interesting.
00:28:20
>> Believe me, I can't sleep. I can't sleep
00:28:21
about it. That's it.
00:28:22
>> So, do you have anything uh just because
00:28:24
we have you here, you're our first kind
00:28:26
of person like you on the show. Uh
00:28:28
what's your take on
00:28:30
>> like me?
00:28:30
>> Yeah.
00:28:31
>> Well, that no no business. We can ask
00:28:33
you uh just basic things about Okay.
00:28:37
>> Well, I know wine too. This is a pool of
00:28:39
mantra.
00:28:40
>> Oh, 22. Absolutely spectacular. And
00:28:43
[laughter] I deserve it because in about
00:28:44
an hour I've got to head off and do that
00:28:46
whole red carpet thing with Timmy and
00:28:48
Gwennneth and all the rest of that. I'm
00:28:50
taking my whole family with me, bringing
00:28:52
my kids up for this. And um you know I
00:28:55
I've never done this kind of gig before
00:28:57
but boy it's crazy like so jealous. You
00:29:01
guys have done it. I haven't done it.
00:29:02
>> It's going to be wild. It's going to be
00:29:03
loud and you're going How will you
00:29:07
You're going to get a lot of
00:29:08
compliments.
00:29:09
>> Yeah.
00:29:09
>> You were so great in this movie.
00:29:11
>> I love it when people suck up to me. I
00:29:13
really do.
00:29:14
>> You're gonna get You're going to be
00:29:15
sucked up beautifully tonight. I don't
00:29:17
[laughter]
00:29:19
>> And it's going to be loud and it's gonna
00:29:21
be Kevin Kevin Kevin Kevin Kevin Kevin
00:29:22
Kevin Kevin Kevin Kevin Kevin Kevin
00:29:22
Kevin Kevin Kevin Kevin.
00:29:23
>> I'm good. I'm good with it. I'm good
00:29:24
with it. Then the afterparty. Um I'm
00:29:26
against drugs but not rock and roll.
00:29:29
>> Right.
00:29:29
>> Okay.
00:29:30
>> Are you gonna What if they go picture
00:29:32
you and Timmy? Give him a little spank.
00:29:33
Give him a little spank.
00:29:34
>> Yeah, we've done that already last
00:29:36
night. [laughter]
00:29:38
>> Are you wearing a big I think his ass
00:29:40
has callous on it now after what I did.
00:29:43
>> Yeah, [laughter] his ass is one big
00:29:45
callous. I think I saw that on
00:29:46
Instagram. I admire him for saying,
00:29:48
"Look, I'm not letting a a stunt ass
00:29:51
immortalize my ass in perpetuity in a
00:29:53
film. I'll take the hit so it's my ass."
00:29:57
That was 3:45 in the morning.
00:29:59
>> I said, "Timmy, I mean, I admire you. An
00:30:02
ass is an ass, and there's only one ass.
00:30:04
Make it your ass. Celebrate your ass and
00:30:07
put it in this film for generations to
00:30:09
come."
00:30:10
>> Well, this is a very I looked this up
00:30:12
earlier. Shalom is French for ass bank,
00:30:15
which I thought was so [laughter]
00:30:17
ironic. Just bizarre. You didn't know
00:30:20
that. Now your tuxedo. Are you going
00:30:23
classic Carrie Grant, George Clooney, or
00:30:25
are you going to be colorful?
00:30:26
>> Not tuxedo. He's wearing a suit.
00:30:28
>> You're just wearing I'm going to I'm
00:30:30
wearing, you know, I love it. What are
00:30:32
you wearing tonight?
00:30:33
>> What are you wearing?
00:30:35
>> Tell you no one else would ask you that
00:30:37
question. You know, I was talking like
00:30:38
I'm talking to all the I wear Prada and
00:30:41
Dolce, but Dolce lately said to me,
00:30:43
"Look, we can make you a tux from 1952
00:30:47
with the thread from 1952,
00:30:50
>> and I think it's going to capture the
00:30:53
moment." I said, I'm I'm good for that.
00:30:55
So, I'll be wearing Dolce.
00:30:58
>> Nice.
00:30:59
>> I'm wearing Dolce, you know, tuxedo
00:31:01
slippers.
00:31:02
>> I can't believe how good I look. I look
00:31:04
spectacular. It's ridiculous how good I
00:31:07
look.
00:31:07
>> And so, [laughter] you know, I'm almost
00:31:09
embarrassed how spectacular I look, but
00:31:11
>> don't outshine everyone. Don't outshine.
00:31:13
>> You know, I got to be careful. I don't
00:31:15
really want to do that. I'm just a
00:31:17
supporting actor. But I think I'm going
00:31:18
to walk out there and the light's going
00:31:20
to shine and grown men are going to
00:31:22
weep.
00:31:24
>> Well, how how will your friends handle
00:31:27
this new thing you've got that you're a
00:31:30
movie star basically now along with
00:31:32
everything else? I mean, Mark, you
00:31:33
>> I know they're I know they're my friends
00:31:35
because they don't give a [ __ ] They
00:31:36
really don't.
00:31:37
>> Okay.
00:31:39
>> No one's jealous at this point.
00:31:40
>> The guys I hang with I've known for like
00:31:44
30 40 years. I mean, you know, before I
00:31:46
had any money and before I, you know,
00:31:49
did TV or any of this movie stuff. Those
00:31:52
are the because, you know, obviously I
00:31:54
have a lot of new special friends, but
00:31:57
>> yeah, they're better.
00:31:58
>> You know, that's my the
00:32:02
a long long time.
00:32:05
>> We have a lot of old
00:32:06
>> Quebec.
00:32:09
>> Yeah.
00:32:09
>> From Canada, Mount Royal.
00:32:11
>> Oh, you're Canadian.
00:32:12
>> Yeah. I I was born in TMR and I moved to
00:32:14
Boston. My kids were all born there and
00:32:17
grew up there. So, we have really
00:32:19
interesting Thanksgivings dinners
00:32:20
because my whole family is American
00:32:22
except me. Um, and so, you know, how
00:32:24
Canada and US are [ __ ] on each other
00:32:25
these days.
00:32:26
>> Oh, yeah. Yeah,
00:32:28
>> personally what I think should happen,
00:32:29
you know, forget about the rhetoric is
00:32:31
we should just uh join forces in terms
00:32:35
of the economies. Canada has all the raw
00:32:37
resources and the US is the largest
00:32:39
market and bulk up go to the American
00:32:41
dollar as the common currency because
00:32:43
that's what everything's priced in in in
00:32:44
Canada anyways. And then tell the
00:32:46
[clears throat] Chinese to [ __ ] off.
00:32:51
>> Does Trump know this? Have you talked to
00:32:53
him?
00:32:53
>> I have talked to him about it. Yeah,
00:32:55
>> the Canadians are very proud. They
00:32:57
didn't like the
00:32:58
>> Listen, I get it. I get it. But they
00:32:59
will one day realize the enemy is China.
00:33:02
I don't dislike the Chinese people, but
00:33:04
that government's nuts. And they wanted
00:33:06
world domination on everything. AI,
00:33:09
army, economy, resources. I mean, if
00:33:12
people don't understand that about China
00:33:14
yet, they're nuts because that's coming.
00:33:16
And so at some point this whole crapola
00:33:19
between Canada and the United States
00:33:20
because it shares, you know, the largest
00:33:22
border on earth and it's the two richest
00:33:23
countries on earth in terms of
00:33:24
resources. Yeah. And economy, you get
00:33:27
together and you say, "Look, China,
00:33:29
>> don't [ __ ] with us." That's what's going
00:33:32
to happen in the next 5 years. You heard
00:33:33
it here first.
00:33:34
>> Does Canada have rare earth minerals
00:33:36
ready to go?
00:33:37
>> Big time. Big time. They got everything,
00:33:39
>> but they don't have the money to dig
00:33:40
them up. as a stock certificate. Look,
00:33:43
it was run by an idiot king for 10
00:33:44
years.
00:33:45
>> And now he's gone.
00:33:47
>> Now there's a new guy. I didn't vote for
00:33:48
him, but I I want him to win. And I
00:33:50
think he's smart enough to understand to
00:33:52
get the economy back rolling again.
00:33:54
Canada's a very very rich country run by
00:33:57
idiots.
00:33:58
>> Yeah. Is it Katy Perry's boyfriend still
00:34:00
or is it someone else?
00:34:02
>> No. I mean, the Katy Perry idiot king
00:34:04
combo, I offered her a free prenup. I
00:34:08
have a Shark Tank company called Hello
00:34:10
Prenup and I'm providing her with a free
00:34:13
prenup because everything the idiot king
00:34:15
touches goes to zero.
00:34:19
[laughter]
00:34:20
>> Idiot king like it is. I'm known as the
00:34:23
merchant of truth.
00:34:24
>> I love it.
00:34:25
>> Um all right, pick pick one of these to
00:34:28
talk about. AI bubble, Bitcoin
00:34:30
affordability, the catch word of the
00:34:32
day, the tariffs, Fed interest rates, or
00:34:36
anything else.
00:34:37
>> You really want to talk about that [ __ ]
00:34:39
Are you
00:34:40
>> No, I I'm just You had any hot take? We
00:34:43
We are our our audience is highly
00:34:45
undereducated when it comes to finance.
00:34:47
Just basically Let's touch on crypto
00:34:50
because I spent a lot of time on that
00:34:52
and I did a lot of work on the crypto
00:34:54
bills. All you need to own in crypto if
00:34:57
you're going to get into it is Bitcoin
00:34:58
and Ethereum. There are 10,000
00:35:00
shitcoins. You don't need need to own
00:35:02
any of those. 97% of the alpha, which is
00:35:06
the price volatility of the entire
00:35:08
crypto market, are two.
00:35:10
>> Just Bitcoin and Ethe.
00:35:11
>> Oh, I didn't know that.
00:35:12
>> So, just dump all the the poo poo coins
00:35:14
you don't need to own. There's not I
00:35:16
mean
00:35:17
>> Bitcoin.
00:35:18
>> People come up with a coin. How does
00:35:20
that work? They just say, "I'm going to
00:35:21
do a poop coin or fart coin." And then
00:35:23
they go, "Okay." Oh, it's up a million
00:35:24
>> actually a poo poo coin itself now.
00:35:27
>> Okay.
00:35:27
>> So, I mean it it's just like a Vegas
00:35:29
speculation, but that's not where the
00:35:31
institutions putting their money.
00:35:32
They're buying Bitcoin and Ethereum, but
00:35:36
it's no different than digital gold.
00:35:38
Don't own more than 5% of your portfolio
00:35:40
in it. You can make about 3% yield on
00:35:43
it, which is not a lot. I mean, don't
00:35:46
speculate too much. I mean, some people
00:35:48
just never own Bitcoin because they
00:35:50
don't understand. You can't touch it.
00:35:51
But it's sort of like a digital version
00:35:54
of gold. Gold's been around for 2,000
00:35:56
years. Bitcoin's been around for 16
00:35:58
years. So, a lot of people don't trust
00:35:59
it yet.
00:36:00
>> And is there a is there government uh
00:36:03
own crypto or is that is that going to
00:36:05
hurt Bitcoin if that happens or has
00:36:07
already happened?
00:36:07
>> The government approved stable coins
00:36:09
which are is a digital payment system
00:36:11
backed by the US Treasury. Yeah,
00:36:13
>> that made sense and it's being used like
00:36:15
crazy. It's only about 4 months old, but
00:36:17
all the banks are starting to make their
00:36:19
own uh stable coins. You can get if you
00:36:22
want to use a stable coin, just get
00:36:24
Robin Hood or Coinbase, put it on your
00:36:26
phone,
00:36:27
>> move $1,000 into it and learn how it
00:36:29
works. It's very easy to transfer, very
00:36:31
low cost, very transparent, very fast.
00:36:33
Certainly beats a bank transfer or Fed
00:36:36
wire. So, if your kids in college, you
00:36:38
want to send them 400 bucks, much
00:36:39
better. And believe me, your kid has a
00:36:43
stable coin wallet already.
00:36:45
Yeah, Coinbase was tough to get on. I
00:36:47
mean, I think was that Heather, we were
00:36:48
I was getting on and throwing some uh
00:36:51
you know, I got a few beans in my jeans,
00:36:53
Kevin. I don't know if you've read the
00:36:54
papers, but uh so I put a little money
00:36:56
in.
00:36:57
>> No, you were definitely a beanologist,
00:36:59
>> so [clears throat] I put it in. But
00:37:01
getting on Coinbase, I was literally
00:37:03
calling them and begging them to like
00:37:04
take my driver's license and all my bank
00:37:06
account numbers. I go, God, if they
00:37:08
wanted to me, the know your client stuff
00:37:10
is brutal.
00:37:10
>> It's unreal. I was like
00:37:12
>> hard but once you get the account it's
00:37:14
useful you know just call me I'll call
00:37:16
the CEO for you.
00:37:18
>> Okay. Thank you. That's really what I
00:37:19
was heading for.
00:37:20
>> Ryan, he's a guy.
00:37:22
>> What's the most impressive Oh, sorry. Go
00:37:24
ahead, David.
00:37:25
>> No, I was just talking you mentioned
00:37:27
CEO. I I'm curious about the uh how much
00:37:31
influence a CEO has on a company. What
00:37:34
do you think is one of the smartest ones
00:37:36
you've ever met?
00:37:37
>> Elon Musk.
00:37:38
>> That's what I thought you'd say.
00:37:39
>> Yeah. This guy is he's only a third of
00:37:42
the way through his career and look what
00:37:43
he's achieved. The guy is 100% signal,
00:37:45
no noise. A little awkward socially. My
00:37:48
son worked for him for five years.
00:37:50
>> I met Mark Brenette's house a couple of
00:37:52
times,
00:37:53
>> a big party Mark used to have. Doesn't
00:37:55
do it anymore because he lives in
00:37:56
England.
00:37:57
>> But um as soon as he realizes he's not
00:38:01
gleaning any information of use or value
00:38:03
to him from you, he just walks away.
00:38:05
[laughter]
00:38:05
>> Yeah. Without
00:38:06
>> I actually like
00:38:07
>> I like them.
00:38:08
>> That's funny. I mean, he does seem like
00:38:11
all biz, no [ __ ] But there's
00:38:13
tunnels under Vegas.
00:38:15
>> Smart as poo poo.
00:38:16
>> I can't imagine a an engineer first in
00:38:19
some ways. At least that's how he sees
00:38:21
himself that he goes if there's problem
00:38:23
he goes and sits with the other
00:38:24
engineers. Starlink is the reason.
00:38:26
>> That's the thing. All the engineers on
00:38:28
earth want to work with him, including
00:38:29
my son who's an electrical engineer. His
00:38:31
whole cohort that he, you know, he he
00:38:33
beat MIT with electric car F1 race. Elon
00:38:36
hired all of them, moved them to
00:38:37
Fremont. He worked on the low voltage
00:38:40
team for five years.
00:38:41
>> And then he said, 'Look, I want to go
00:38:43
get uh a design engineering degree and
00:38:46
an MBA. And I said, 'Listen, good luck
00:38:47
with that because uh there's only 20
00:38:50
seats at MIT and 22 at Harvard and nei
00:38:53
you're not getting into either of those.
00:38:55
But he got one of the directors at at uh
00:38:59
Tesla to write him a letter and he got
00:39:00
into both of them. And he went to
00:39:02
Harvard because there's more girls
00:39:03
there. So I applaud him and he's coming
00:39:05
to the you know. Oh, he'll be there.
00:39:08
>> I bought him a Tux in Boston. Right on.
00:39:11
>> Oh, from 19.
00:39:12
>> He's coming to the the show tonight.
00:39:14
He'll be there at
00:39:15
>> Yeah. I got the whole family coming. I'm
00:39:17
bringing the whole crew and my
00:39:19
daughter's new boyfriend. I love him.
00:39:20
He's got a job. That's fantastic.
00:39:22
>> You're kidding.
00:39:23
>> I'm very excited about that.
00:39:27
All right, I have another boring
00:39:29
question just because this got too
00:39:30
interesting. Um, I just read Ford's
00:39:33
F-150. They're they're they lost 19
00:39:35
billion on the electric truck. Is it cuz
00:39:37
guys don't want electric truck if
00:39:38
they're a Ford truck guy?
00:39:40
>> Uh 19.2 billion. Uh one of the largest
00:39:44
write-offs in automotive history. Uh bad
00:39:47
policy. This idea that everybody in
00:39:50
America wants to go green, but if you're
00:39:52
in Fargo, North Dakota, there's no green
00:39:56
when it's 40 below zero. You need a
00:39:58
truck with diesel or gas in it. So, uh I
00:40:02
guess they didn't think that one through
00:40:03
too much. And China's dumping lowcost
00:40:06
EV. The only thing we got going in
00:40:08
America is Tesla. It's the best EV in
00:40:11
the world because it's designed from
00:40:13
scratch, but it's not a lowcost vehicle.
00:40:16
>> They're going to try and do that with
00:40:17
the Y version. There's a competition.
00:40:19
China is subsidizing EV, selling it to
00:40:22
every country on Earth at a half of what
00:40:24
it really costs. I'm telling you, we're
00:40:26
in economic war with those guys. They're
00:40:28
not good guys. And that's why I think we
00:40:32
should bulk up in our economy and and
00:40:34
say to the Chinese,
00:40:36
don't mess with us.
00:40:39
>> I might join in that.
00:40:40
>> That's they're Is it called BYD? Is
00:40:43
their little electric vehicle that's
00:40:45
selling all over Europe? I
00:40:46
>> I think they're called shitball
00:40:47
expresses, but it doesn't matter.
00:40:49
[laughter]
00:40:49
>> That was that was my second question.
00:40:51
>> They're very very inexpensive. Yeah. you
00:40:54
know, and and they every country on
00:40:56
earth is is buying them because where
00:40:58
else can you get a $15,000 shitball
00:41:01
express? Yeah, I see little trucks they
00:41:03
say they want over here that are looks
00:41:05
like they're way cheaper than everything
00:41:07
>> in the end end of the day because you're
00:41:09
looking at America and it's it's
00:41:11
controlled chaos in a sense because it's
00:41:13
a free market and it's ad hoc and we see
00:41:16
and then we see a command and control
00:41:17
dictorial
00:41:19
uh economy in China and sometimes you go
00:41:22
wow they can just build that and do that
00:41:24
but it seems in the end of the day all
00:41:26
the cool stuff comes from America
00:41:28
>> you know
00:41:28
>> no they just steal it all
00:41:31
everything in in China, if you go back
00:41:33
at the tech and go back 20 years, you're
00:41:34
going to find American and German French
00:41:36
source code in it. They steal
00:41:38
everything. They have no IP laws. You
00:41:40
can't sue them. The World Trade
00:41:41
Organization, they joined it, you know,
00:41:44
2020 and they've never abided by the
00:41:46
rules. I've tried to sue them. Nobody
00:41:47
can. They they rip off everything. I
00:41:49
mean, I'm just telling the truth. And
00:41:51
that's why I'm glad, you know, whether
00:41:53
you love Trump or you hate him, at least
00:41:54
this administration is taking them on
00:41:56
saying, "Okay, we've had enough of this
00:41:58
crap and we're going to give you some
00:42:01
consequences." And he started with 100%
00:42:03
tariffs. I mean, it's a difficult
00:42:05
conversation, but they steal, they
00:42:07
cheat, they don't give a damn. And I
00:42:09
think it's got to end. It's not it's
00:42:11
it's not a level playing field. I would
00:42:13
love to sell Chinese people's stuff. I
00:42:15
don't want my I don't want my IP ripped
00:42:17
off. And that's what happens. And so
00:42:20
>> it's a very we can delist our companies
00:42:22
off our exchanges. We can not allow them
00:42:24
to sue our I mean they sue us in America
00:42:29
and we can't sue them in China.
00:42:31
>> Right? The
00:42:32
>> hell is that?
00:42:33
>> By saying don't let them have access to
00:42:34
the courts.
00:42:35
>> Can they buy land here? We can't buy
00:42:37
land there.
00:42:38
>> Not the Chinese people. Just the Chinese
00:42:40
government. They understand the stick.
00:42:42
You got hit them with the stick. They
00:42:43
like they understand power. That's why
00:42:45
we got to bulk up the economy. that
00:42:47
Canada resource combo with the US
00:42:49
economy. Okay,
00:42:50
>> I know all the crap going on with, you
00:42:52
know, the Canadian versus US crap. But
00:42:54
I'm a guy with a foot in both countries
00:42:57
with a family in both sides. And I
00:42:59
understand the opportunity. I'm not a
00:43:01
negative guy. I'm saying by the by the
00:43:03
time this is over, everybody in Canada
00:43:04
is going to say, "We got to bulk up
00:43:06
because the Chinese are going to come
00:43:07
right over the top." And I don't I I
00:43:09
definitely don't ever want to work for
00:43:11
the Chinese guys.
00:43:13
>> I Yes, I have a lot of affinity for
00:43:15
Canada. My wife was is part uh half
00:43:18
Canadian and I'm from Montana, Alberta
00:43:21
and all that. I mean, so it would be
00:43:23
nice if we could become incredibly
00:43:25
cooperative this way.
00:43:27
>> We will out of economic necessity and
00:43:29
all this [ __ ] will be over soon. I'm
00:43:32
an optimist about that. And you know, I
00:43:35
I go back and forth all the time, too. I
00:43:37
don't like the winter anymore, so I live
00:43:39
in Miami where the taxes are Everybody
00:43:41
lives in Miami six months and a day.
00:43:44
Everybody, you know, [laughter] lives
00:43:45
there.
00:43:46
>> So, [clears throat] there's citizens. Is
00:43:47
that what it is?
00:43:48
>> And by the way, it's it's, you know,
00:43:50
Miami Beach is its own country.
00:43:52
>> Miami Beach. Miami Beach.
00:43:54
>> It's great. Yeah.
00:43:55
>> And Tennessee. We have friends in
00:43:57
Tennessee and also Texas.
00:43:58
>> I like Tennessee, but it doesn't have
00:44:00
zero sales tax yet. Talking to Hagerty
00:44:03
about that. Let's get that done.
00:44:05
>> I have to pay some sales tax on my new
00:44:07
Gibson Mr. Wonderful.
00:44:09
>> I made a guitar with those guys. It's
00:44:12
actually a 355
00:44:14
>> George Harrison red with a 335 neck. If
00:44:18
you're into guitars, that's a pretty
00:44:20
cool guitar.
00:44:21
>> Wow. Or do you play or you're just a
00:44:23
collector?
00:44:23
>> I like to think so. Thank you.
00:44:25
>> Oh, okay. Acoustic or electric or both?
00:44:27
>> Both. Both. I got a lot of guitars. I
00:44:29
used to own a piece of Fender, so I got
00:44:31
a lot of um Fender guitars, too. I like
00:44:34
I like them all, but a Gibson uh SG
00:44:37
classic and of course the 355 Hollow
00:44:39
Body that's got a sound. A lot of the
00:44:42
Beatles tracks had that on it. You know,
00:44:44
it's it's very interesting.
00:44:46
>> 58 Les Paul was a good one. Um I like uh
00:44:50
music too, but
00:44:53
>> I'm learning I'm learning how to play
00:44:54
better because I I just don't get enough
00:44:56
time to practice. But in this hotel, I
00:44:57
keep a guitar and an amp. And what you
00:45:00
want to do is slow down. You listen to
00:45:02
the old blues guys from the 40s and 30s.
00:45:06
>> They weren't running up and down. They
00:45:08
were keeping it slow
00:45:11
>> feel.
00:45:12
>> Do a great note. Don't we, my brother
00:45:14
and I used to call them uh typewriter
00:45:16
guitar players just and then you'd see
00:45:19
someone like Albert King or something
00:45:20
and go, "Okay, this note is like the
00:45:23
last note he's ever going to play. He's
00:45:25
just not going to play that many notes,
00:45:26
but they're just magic." So, I totally
00:45:29
agree. You play less notes with more
00:45:31
feel.
00:45:33
>> Yeah. Do you like being called Mr.
00:45:35
Wonderful still? Did you like that or is
00:45:36
that
00:45:37
>> Well, look, it's you know, it's just the
00:45:39
truth. What What am I supposed to say?
00:45:41
[laughter]
00:45:44
>> Well, we uh Anything else for this young
00:45:47
man, Dana? He's been nice to sit there.
00:45:49
>> I just I love that uh we we got to get
00:45:52
together with Canada. That's my
00:45:53
takeaway. I love that you play electric
00:45:55
guitar in your room and uh you're kind
00:45:58
of have fun with the idea of your
00:46:00
confidence and I want to adopt a little
00:46:03
>> listen go if you're going to go see
00:46:04
Marty Supreme, let's do a plug for the
00:46:06
movie. Don't go alone.
00:46:08
>> It's an emotional wrencher and go with
00:46:11
the community. Go see it in a theater
00:46:13
because it was shot on 35 mil film. It's
00:46:16
not
00:46:16
>> by that Darius guy.
00:46:19
>> I hated him when we were shooting it
00:46:20
because he would set take two hours to
00:46:22
set up a single shot.
00:46:23
>> Yeah. Now that I see it,
00:46:25
>> yeah,
00:46:26
>> by the way, do you really think he was
00:46:27
punished enough for what he did?
00:46:30
>> Well, he plays uh I'm not [laughter]
00:46:34
an incredibly aggressive person who's
00:46:37
very unscrupulous. So, I don't know. The
00:46:41
very very end when she said, "I don't
00:46:42
want to give it away." They did this.
00:46:44
>> No, I don't want to give it away either,
00:46:45
but I won't. I mean, he did not You
00:46:47
can't [ __ ] me over that way and get away
00:46:49
with it. That's what I kept telling.
00:46:52
That's my brand.
00:46:54
>> Well, you're you have a point, but uh
00:46:56
it's an interesting ending. It's a very
00:46:58
intense ride and uh you're all all the
00:47:00
performances are great. All the
00:47:02
character actors in
00:47:03
>> Go see the movie. It'll entertain the
00:47:04
hell out of you, but I I got [ __ ]
00:47:06
over.
00:47:07
>> Yes,
00:47:07
>> Josh Safy makes a good movie and I've
00:47:10
>> Kevin Ory gets [ __ ] over and Academy
00:47:14
Awardwinning [laughter] movie.
00:47:17
>> Ending sucks, says Ori. Okay. All right.
00:47:22
It sucked because my wife said it was
00:47:24
perfect. My daughter loved it. My kids
00:47:26
loved it. And I said, "No, it's not
00:47:28
enough punishment for him."
00:47:30
And anyway,
00:47:31
>> the point, but it was it's a great
00:47:32
movie. Congratulations. Congratulations.
00:47:35
>> Enjoy the premiere tonight.
00:47:37
>> Yeah.
00:47:37
>> Take care.
00:47:42
>> Hey guys, if you're loving this podcast,
00:47:44
which you are, be sure to click follow
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on your favorite podcast app. Give us a
00:47:48
review, fivestar rating, or maybe even
00:47:51
share an episode that you've loved with
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a friend.
00:47:53
>> If you're watching this episode [music]
00:47:54
on YouTube, please subscribe. We're on
00:47:57
video now.
00:47:58
>> Fly on the Walls presented by Odyssey
00:48:00
and [music] executive produced by Danny
00:48:02
Carvey and David Spade, Heather Santoro,
00:48:04
and Greg Holtzman, Mattie Sprung Kaiser,
00:48:07
and Leah Reese Dennis [music] of
00:48:08
Odyssey. Our senior producer is Greg
00:48:10
Holtzman, and the show is produced and
00:48:12
edited by Phil Sweet Tech. Booking by
00:48:16
Cultivated Entertainment. Special thanks
00:48:18
to Patrick Fogerty, Evan Cox, Mora
00:48:22
Curran, Melissa Wester, Hillary Schuff,
00:48:26
Eric Donnelly, Colin Gainner, Shan
00:48:29
Cherry, Kurt Kourtney, and Lauren
00:48:31
Vieiraa. Reach out with us any [music]
00:48:33
questions to be asked and answered on
00:48:35
the show. You can email us at fly
00:48:37
onthewallsey.com.
00:48:40
That's audacy.com.
