00:00:00
big Tech leaders are taking to social
00:00:01
media of course to congratulate Donald
00:00:03
Trump this is this is typical let's just
00:00:05
start off with that Mark Zuckerberg Tim
00:00:07
Cook Sai Nela sunar Pai and Sam mman
00:00:10
wished Trump well I thought they were
00:00:12
pretty anodin so did um Mark Cuban he
00:00:14
was like godspeed You know what I mean
00:00:16
he was like you won fair and square
00:00:18
which I thought was fair I thought that
00:00:19
was classy of him to do so he didn't
00:00:21
like slavishly say something the person
00:00:24
who did Jeff Bezos was quite different
00:00:27
from the others um he was on the first
00:00:29
to kiss the ring calling Trump's win an
00:00:31
extraordinary political comeback and
00:00:33
decisive Victory it it had it did not
00:00:36
have a tone of someone who owns the
00:00:37
Washington Post he's the only one who
00:00:39
actually has another thing he's got to
00:00:41
think about which he didn't at all in
00:00:44
any way so I thought that was
00:00:45
problematic and it was much more
00:00:47
effusive than the others um you know
00:00:49
they all want to work with this
00:00:50
Administration they've done it before um
00:00:53
they don't want to be in his crosshairs
00:00:54
and they'd like to get rid of uh all the
00:00:56
different investigations and and things
00:00:58
like that although a lot of Republicans
00:01:00
like these investigations very much and
00:01:02
so that's a really interesting uh push
00:01:05
back um talk a little bit about these uh
00:01:07
CEOs obviously you more than more than
00:01:10
anyone Tech CEOs weit in they're smart
00:01:12
to do it Cara he responds to this type
00:01:15
of obsequious flattery and if they're
00:01:18
they're they're focused on their
00:01:19
shareholders they're smart to do it and
00:01:22
it's it you kind of have to you throw up
00:01:24
a little bit in your mouth when when
00:01:25
it's more than anything just than just a
00:01:27
polite congratulations but if you
00:01:29
reverse engineered to shareholder value
00:01:31
they're smart to do it just a lot of
00:01:33
foreign leaders pretend that he's really
00:01:35
interesting and and that they're
00:01:36
fascinated with him and he's going to
00:01:39
get more he's going to get
00:01:41
more you know when when you're courting
00:01:44
someone and they tell you that they're
00:01:46
really into jewelry or baseball trading
00:01:48
cards and that they will like you if you
00:01:51
buy them these things you buy them these
00:01:53
things and he's made it clear that if
00:01:55
you say nice things about him it works
00:01:58
and um so I think they're smart to do it
00:02:01
yeah I agree but I thought Bezos was a
00:02:02
little bit abusive compare if you could
00:02:04
put them next to each other it's really
00:02:06
quite a different tone and he does also
00:02:08
own the Washington Post he might have
00:02:10
been a little less it's around it's all
00:02:12
about money The Washington Post is
00:02:14
nothing but I understand for right now
00:02:17
he shouldn't own it then he shouldn't
00:02:18
own it then stop owning something where
00:02:20
you have to we're talking about should
00:02:21
versus is he Jeff Bezos is all about
00:02:24
money he already he already did that
00:02:26
already with the dumping the uh
00:02:28
endorsement so I just felt like he
00:02:31
should have maybe been a little less
00:02:33
kiss assy anything about the Peter teal
00:02:35
factor I think he's the quiet one here
00:02:36
mus gets all the we're going to talk
00:02:38
about Elon in a second but I think Peter
00:02:40
teal is the one the real Mastermind here
00:02:42
in so many ways um and I know people I
00:02:46
thought he clocked Trump early um and
00:02:48
was in there the last election I think
00:02:51
he clocked Vance um I think he's been
00:02:54
quiet he doesn't need all the attention
00:02:56
the way uh musk does I think he's far
00:02:58
smarter than Elon Musk in many ways um
00:03:01
and I think he's all roads lead to Peter
00:03:04
teal in this regard even though it
00:03:06
seemed like he was out of the election
00:03:08
right but I don't I feel like is every
00:03:10
one of his tenants is here is present
00:03:13
here you you first highlighted this to
00:03:16
me and it struck me as something I
00:03:17
hadn't I just hadn't thought about it
00:03:19
not at least it I hadn't connected the
00:03:21
dots the way you had and I've thought
00:03:22
about it more and more and I think what
00:03:23
you're saying makes sense because I mean
00:03:25
here's the scary thing with Trump's age
00:03:28
and body mass index there's about a one
00:03:30
in three chance he leaves the White
00:03:32
House feed first you know in four years
00:03:35
and 2 months an obese what is he 78y old
00:03:37
man it would be very hard to get life
00:03:40
insurance and that puts a guy in the
00:03:43
White House who will never utter one
00:03:45
word to Peter teal and that word is no
00:03:48
he owes everything to Peter teal he
00:03:51
that's how he got to be a senator that's
00:03:53
how he got the VP spot and so if Peter
00:03:56
Teal calls him and says I need you to do
00:03:58
away with this tax or put a tariff here
00:04:00
or deregulate this or create a floating
00:04:03
island where billionaires don't have to
00:04:05
pay tax or we totally ban the following
00:04:10
activities or
00:04:12
so Vance Vance if he can will do it I I
00:04:16
just don't think Vance could ever say no
00:04:17
to Peter he is where he is he is one
00:04:20
heartbeat from the presidency because
00:04:23
not because of an impressive business
00:04:25
career not because he's a great
00:04:26
politician because of Peter teal yep yep
00:04:30
that's the one to watch and even though
00:04:32
Elon as usual the circus clown likes to
00:04:34
take all the attention as Bloomberg put
00:04:36
Elon is about to find out what $130
00:04:38
million for Trump gets him we mentioned
00:04:40
the Tesla stock surge that's added 26
00:04:43
billion to his net worth but Elon stands
00:04:44
to benefit in a number of other ways
00:04:46
including government efficiency
00:04:48
commission role EV and autonomous
00:04:50
driving policies that benefit Tesla and
00:04:52
more government contracts for SpaceX uh
00:04:55
Tom has previously pledged his support
00:04:57
for elon's goal of sending a rocket to
00:04:58
Mars um that one I don't mind so much I
00:05:01
honestly don't and as I mentioned I
00:05:02
think Elon merges x with true social so
00:05:05
I also think they're going to have a
00:05:07
falling out I really feel like this is
00:05:09
coming if I had to make any one
00:05:11
prediction that's what I feel like Peter
00:05:14
is very quiet in the background and gets
00:05:16
exactly what he wants Elon can't help
00:05:18
himself and neither can Trump and
00:05:20
Trump's the president so
00:05:23
thoughts well
00:05:26
look this arguably you could say that
00:05:29
Musk $119
00:05:31
million in donations to Trump were one
00:05:34
of the best investments that's ever been
00:05:35
made he made it over approximately 3 or
00:05:37
6 months and in exchange his net worth
00:05:39
has gone up $15 billion just from his
00:05:41
Tesla shares which skyrocketed on on
00:05:45
news that Trump was retaking the White
00:05:46
House so if if someone said to any
00:05:49
billionaire or any institution or any
00:05:51
hedge fund uh here's 9 million if you
00:05:55
give us $119 million we think if the
00:05:58
markets are right there's a two 23
00:06:00
chance you're going to get 15 billion
00:06:01
back yep so you got to give it to the
00:06:04
guy the whole best best investment of
00:06:08
the year was must dollar uh uh his his
00:06:12
$19 million investment in the Trump
00:06:14
campaign yeah because he was NE if she
00:06:16
had won he was never going to get that
00:06:18
dinged for it also no so yeah that's
00:06:20
exactly right 15 billion on 119 million
00:06:23
that's the best trade of 2024 yeah so
00:06:26
what what's going to happen next now
00:06:29
well so I need to disclose we talked
00:06:31
about this I was planning you know under
00:06:34
see above got it wrong I thought poly
00:06:36
Market the gambling site which had it
00:06:39
was 4060 own by Peter teal or was
00:06:42
invested in by Peter teal I didn't know
00:06:43
that so 4060 Harris to Trump's
00:06:46
likelihood of being elected so you were
00:06:47
going to get two and a half to one I saw
00:06:49
that as asymmetric upside because I
00:06:50
thought it was a coin flip according to
00:06:52
the polls that I saw so I was I was
00:06:55
going to take
00:06:57
$400,000 and put it on Harris thinking I
00:06:59
could get a million back and I want to
00:07:01
be clear for people listening this is
00:07:02
not investing this is gambling and I can
00:07:05
afford to lose that and it would ruin
00:07:06
maybe an afternoon but it wouldn't have
00:07:08
any impact on my life and I don't want
00:07:10
to in any way tell people that they
00:07:11
should be doing this so but I was
00:07:14
planning to do it so I went to the site
00:07:16
signed up for it wait till Harris went
00:07:17
down to 38 then up to 42 and the site
00:07:20
said you can't be a US citizen and then
00:07:23
it said you can transfer money in from
00:07:25
the UK so I could not figure out how to
00:07:27
get one of these betting sites up so I
00:07:28
went to a different different strategy I
00:07:30
decided to I sold I did a a call a
00:07:35
caller call strategy on Donald Trump
00:07:37
media and that is I thought if this
00:07:40
stock if he loses the stock goes below
00:07:44
10 if he wins it could Skyrocket but I
00:07:47
also thought if he wins this is no
00:07:49
longer a prediction vessel it's just a
00:07:51
shitty company and I actually thought
00:07:52
there's a chance it might go down even
00:07:54
if he win so MH I sold calls at 20 bucks
00:07:58
a share
00:08:00
way way into the money thinking this
00:08:03
thing could crash there's a good
00:08:04
likelihood it could crash but I was
00:08:06
worried well what if something [ __ ]
00:08:07
crazy happens and it goes to 400 and I
00:08:10
owe someone $8 million who I sold these
00:08:13
calls to so I bought calls way out of
00:08:16
the money at 60 I got $20 in premium for
00:08:18
buying or selling calls at 20 I got six
00:08:22
bucks I cost me six bucks to buy calls
00:08:24
at 60 so my downside was limited to like
00:08:27
two and a half million bucks my upside
00:08:29
capped at 1 and a. half million and
00:08:31
what's happened is he won the stock
00:08:34
spiked I'm like oh [ __ ] bad day for
00:08:35
Scott but since then the strategy around
00:08:39
it's no longer a tracking stock it's
00:08:40
just a shitty company now it's come down
00:08:44
I think it opened it about 31 bucks
00:08:45
today yeah it's going down so I got very
00:08:48
lucky it's better to be lucky than good
00:08:50
I was going to make a straight wager on
00:08:51
Harris and couldn't because I'm in the
00:08:53
UK and I'm impatient with websites can't
00:08:55
use it yeah that's right yeah so this
00:08:57
this kind of I think it's called called
00:08:59
a call a collared call strategy so far
00:09:03
so far is working out because Donald
00:09:05
Trump media I think people are waking up
00:09:06
and going okay now what this is a shitty
00:09:08
little company yeah that's no longer no
00:09:12
longer a prediction machine or gambling
00:09:14
it's basically shares or ownership in a
00:09:17
company that has no revenues but is
00:09:19
hemorrhaging money yeah interesting
00:09:22
we'll wait and see for you but anyway
00:09:23
Peter teal uh has and along with the
00:09:26
founder of uh ethereum raised money for
00:09:29
poly market last earlier this year just
00:09:31
you know he's involved in that one too
00:09:33
um it's interesting times but but musk
00:09:36
and Trump falling out thought real quick
00:09:38
thought then we'll move on you know more
00:09:40
about this than I do Cara what it's an
00:09:42
interesting Theory why do you think
00:09:44
because you there was a movie with
00:09:45
jeanclaude vanam where the future and
00:09:48
the past person could never come
00:09:49
together was called time cop I recommend
00:09:51
it to everybody and you couldn't ever be
00:09:54
in the same room with your future self
00:09:55
and your present self or your past self
00:09:58
whatever cuz would blow up the world
00:10:00
can't take that in the same place and at
00:10:03
the very end the the villain gets into a
00:10:06
he gets them to get in a room together
00:10:08
and then everything breaks loose and
00:10:10
they blow up essentially I don't quite
00:10:11
understand it whatever I think these
00:10:13
people can't coexist together in the
00:10:15
same room for much for too long that's
00:10:17
my that's my sense maybe I'll be
00:10:20
completely wrong but I feel like that
00:10:23
Trump likes the attention and Elon likes
00:10:25
the attention and there's only so much
00:10:27
attention to go around and if the
00:10:28
Remember When Bannon got kicked out when
00:10:30
he got all the attention as being the
00:10:31
puppet master of trump and then Bannon
00:10:34
got and now he didn't get totally kicked
00:10:35
to the curb he kept getting brought back
00:10:37
but kicked to the curb and brought back
00:10:39
he kicked Bannon to the curb very early
00:10:41
we forget this uh in the Trump
00:10:43
administration because he sucked up all
00:10:45
the oxygen so Elon might be very smart
00:10:48
to not suck up all the oxygen
