Tate Speech - FIGHTING FOR EMERALDS | Tate Confidential Ep. 135

In this episode, the boys talk about a fight between Shaq and Dubai s Sheik and Luke, a new series of Baywatch, and the new Crackwatch series on HBO. Also, we talk about the new Baywatch TV show on HBO and how it's going to take over the world. Enjoy the episode and don't forget to subscribe on your favourite streaming platform so you never miss an episode. The boys are back from their holiday and are back in full swing. Cheers, and Happy Holidays. -The boys Logo by Courtney DeKorte. Theme by Mavus White. Music by PSOVOD and tyops. Art: Mackenzie Moore. Editor: Patrick Muldowney. Cover art by Ian Dorsch. We are working on transcribing this episode and putting it on a website. Please do not use this as a podcast ad-free version of the podcast. If you like what you hear, please leave us a review on Apple Podcasts and/or wherever else you get your podcast recommendations. We appreciate the support. Thank you so much for all the support, we really appreciate it. Timestamps: 3:00 - The boys. 4:30 - Baywatch. 5:15 - The new series is coming soon. 6:40 - Mike Thurston. 7:00 8:20 - Crackheads. 9:00- Baywatch? 11:30- The new Crackheads? 12:20- The Baywatch Series? 13:30 15: What are you looking for? 16:00 + 16: What do you think of the new series? 17: What would you like to see? 18:00 Is it a good show? 19:00 Do you like it? 21:00 Can you tell me what you would like to hear from me? 22:00 Does it look like a good one? 25:00 What you think it would be better? 26:30 Is it possible? 27:30 Does it have a new one coming in the next episode? 28:00 Would you want to send me a review? 30:00 Are you looking forward to seeing the next one coming soon? 35:30 Do you have a suggestion? 31:00 How do you like the next series coming out? 36:00 If you have any suggestions?

00:00:02.000 You can't come to Dubai and just keep, Luke, let's go, and then I come, and then it's to buy a watch.

00:00:06.000 I know!

00:00:08.000 I know!

00:00:10.000 Take off the jet pack!

00:00:28.000 Take off the jet pack!

00:00:30.000 Two years ago Dubai, remember I sparred that UAE champion guy?

00:00:40.000 I remember that!

00:00:46.000 Peace.

00:00:49.000 you Yeah. Since then he's had like 25 fights.

00:00:54.000 And I've had 250,000 cigars, 25,000 fingers in fucking bubblegum. 0.99

00:01:00.000 Nice. So he should beat me now. 0.99

00:01:03.000 He trains, he's still a pro, I'm semi-retired living in the bit of life.

00:01:07.000 So when he's like, hey man, let's spar.

00:01:10.000 I'm like, okay.

00:01:14.000 You want to go somewhere? Fucking go. 0.99

00:01:16.000 You are that guy. I'm that guy. 1.00

00:01:17.000 You don't say my name. I'll come.

00:01:19.000 I don't care. Beat me up.

00:01:20.000 I haven't been beaten up in a long time.

00:01:23.000 I hope I lose, but I still have a strong suspicion I'm not going to.

00:01:27.000 I'm energy efficient.

00:01:29.000 I'm compendious. I manage to be concise with my action.

00:01:33.000 I do enough damage with my small, low stamina levels to stop his...

00:01:37.000 The fact that he has more stamina than me being an advantage.

00:01:40.000 Because like, ah, I'm not tired.

00:01:42.000 He's tired. But every time I go near him, he hurts me.

00:01:45.000 That's the plan. That's the battle plan.

00:01:47.000 Alright. That's the battle plan.

00:01:49.000 And then... After I win, because I probably fucking will, you do not need a long talk about why you keep trying to buy more watches. 0.95

00:01:58.000 I'm not trying to make you buy more watches. I keep saying don't. 0.98

00:02:00.000 I say specifically, do not buy any more watches.

00:02:03.000 You have enough diamonds.

00:02:05.000 You have enough. Now you keep talking about rubies and shit. 1.00

00:02:09.000 No, I know, but you told me to list... 0.99

00:02:13.000 Sapphires. Yeah, no, yeah.

00:02:15.000 Emeralds, emeralds. Yeah, but you told me to list them.

00:02:18.000 So it looks like I don't make them happen.

00:02:20.000 No

00:02:22.000 I

00:02:52.000 It was a wonderful day Goodnight Have a super great holiday Sweet dreams Thanks for watching Goodbye

00:02:59.000 Music playing

00:03:27.000 Music playing Are we Dubai men now?

00:03:35.000 No, I'm a sheikh Shake. 0.86

00:03:38.000 Do you know that I'm a sheik? I do know you're a sheik. 1.00

00:03:41.000 Why am I a sheik? Because I'm going to have a begat you with a Dubai number, correct? 0.98

00:03:44.000 Yeah. Do you know the other reason I'm a sheik? 0.93

00:03:47.000 No. Because I'm rich.

00:03:49.000 Okay. Do you know another reason I'm a sheik? 0.97

00:03:50.000 What? Like you bought this building?

00:03:53.000 Could. Do you know why? Because I am now a resident with a driver's license from Dubai.

00:04:01.000 So you're Dubai, Matt? Okay, he would probably wear a super gold diamond watch.

00:04:20.000 Ah, you have a diamond watch as well, are you, Shake?

00:04:24.000 Why are you shaking your head?

00:04:27.000 I'm in Shoulderland.

00:04:28.000 It's very shake-like. Why are you shaking your head?

00:04:30.000 Take off an interviewer. Google Shoulderland and locate it on a map.

00:04:34.000 Very important. Tell me where Shoulderland is.

00:04:37.000 You can't seem to escape it.

00:04:38.000 They'll never find it. Have you ever seen Baywatch?

00:04:45.000 No. I've never seen Baywatch.

00:04:47.000 This guy's from Baywatch.

00:04:48.000 You don't know? I have no idea what Baywatch is.

00:04:51.000 I got a pair of red shorts in the east.

00:04:53.000 If you were drowning, You call Mike.

00:04:57.000 Okay. Big Mike, he comes to Aview.

00:04:59.000 You know the crazy thing?

00:05:00.000 I went down the Baywatch Beach, the beach, Venice Beach in California.

00:05:05.000 Yeah. Crackwatch.

00:05:07.000 More than 200 unhoused people living in a large encampment on the Venice Beach boardwalk were moved into housing.

00:05:14.000 But residents say many of the homeless did not leave.

00:05:18.000 Yeah. And crackheads.

00:05:21.000 I was like, where is Pamela? What the fuck is this? 1.00

00:05:24.000 She's still there, bro. Oh, I didn't say that. 1.00

00:05:27.000 Yeah, she's still Joe Dracwatch.

00:05:29.000 I didn't say that. Mike, you have to go sort your beach out.

00:05:32.000 Go what? Go sort the beach out, the Baywatch beach.

00:05:34.000 It's all a mess now. Too many drug addicts need to go down there, get the red shorts on.

00:05:37.000 You know, do something.

00:05:38.000 Get your little...

00:05:40.000 Mike Thurston's going to bring Baywatch back.

00:05:44.000 So take confidential. I know you're wondering when the next series is starting.

00:05:48.000 He's going to make it happen. No, but if there was seriously a new series of Baywatch, you didn't know that.

00:05:52.000 Admit it. Just admit it.

00:05:53.000 Give me a mic. Fucker. 1.00

00:06:00.000 I literally have no idea what Baywatch is. 1.00

00:06:02.000 I have no clue, bro. I've got zero clue.

00:06:05.000 Never seen it. You don't know what Baywatch is?

00:06:06.000 Nope. Never heard of it. No clue, bro.

00:06:08.000 I have no idea. 25.

00:06:10.000 Shoot. Luke doesn't know. 0.64

00:06:12.000 I have no clue. No, no, no.

00:06:14.000 Let me ask you. Do you know Matrix?

00:06:16.000 The Matrix, yeah, yeah.

00:06:17.000 You do know? I've seen The Matrix.

00:06:19.000 I have seen The Matrix. Luke's only 25, but he literally knows what nothing is.

00:06:22.000 Yeah. Like, it's not even unscripted.

00:06:24.000 He knows what nothing is.

00:06:25.000 You name somebody, and he's like, what's that?

00:06:26.000 Yeah, I didn't watch TV. Different generations. 0.97

00:06:29.000 It's like, you don't know anything. Yeah, bro, we played video games.

00:06:32.000 You didn't know who Steven Seagal was.

00:06:33.000 I know. Why would I need to know that?

00:06:34.000 Yeah. That's why you don't have to fight now.

00:06:37.000 Do you know who Steven Seagal was? I want to know.

00:06:39.000 Right, okay, so... We're going to link her up and do something on my channel.

00:06:44.000 Let me know what you want to see.

00:06:45.000 There's a whole load of things that me and Andrew could do.

00:06:48.000 That's true. We could go to the gym.

00:06:51.000 You could teach me how to kick a box.

00:06:54.000 That would be good. I'd like to go to the gym and see how much stronger you are.

00:06:57.000 If you're stronger than me.

00:07:00.000 Alright, it's already going to be good.

00:07:02.000 Already I'm getting mad. No, no, I'm sure you are.

00:07:05.000 Maybe. In one exercise, maybe.

00:07:08.000 No, no, no. That'd be cool. Kickbox you can do.

00:07:10.000 But if it's on, it's on, Mike. If it's on, it's on.

00:07:12.000 If we're going to spar, then it's on.

00:07:16.000 For real. Full force. I don't want to bite that either.

00:07:18.000 I'm sure they were going to have to go.

00:07:20.000 Leave my nose. For the nice Baywatch.

00:07:24.000 And just Baywatch career.

00:07:25.000 Before it even starts. Yeah, you know, it'd be interesting.

00:07:28.000 We should do like something plyometric, like push-ups or like bench pressing like 50 kilo for a rep.

00:07:35.000 Who can do the most reps? 0.95

00:07:37.000 Not the heaviest weight.

00:07:39.000 Because I just hurt myself when I go heavy, heavy.

00:07:41.000 I don't know why. Maybe because I'm probably good to shit and we're all wrong. 0.99

00:07:44.000 But I'd be interested in like plyometric stuff. 0.99

00:07:46.000 I'd be interested. See what we could do.

00:07:47.000 See if the cigars and booze have That's my training regime.

00:08:02.000 Cigar boots. Literally. Threesomes.

00:08:06.000 What are you going to do? Get the threesomes in and then you get in the ring. 1.00

00:08:10.000 That's the game. One more thing.

00:08:17.000 Where are we, Luke? I know where we are.

00:08:20.000 Why are we? What time is it?

00:08:21.000 Why don't you have a watch? I'm not wearing a watch.

00:08:24.000 I don't know how I just literally just noticed that.

00:08:27.000 Luke, where are we?

00:08:28.000 But I know where we are.

00:08:29.000 So you know where we are. You told me I had to buy an emerald.

00:08:32.000 No, I didn't. I might have to do something.

00:08:34.000 I'm not entirely sure what, but I might have to do something about this.

00:08:37.000 Or maybe some other precious stone.

00:08:39.000 Name a precious stone that's not a diamond.

00:08:41.000 Name another one. Name a precious stone.

00:08:43.000 Sapphire. Sapphire.

00:08:44.000 Sapphires are blue, right? Yeah.

00:08:47.000 Nice. Name another one. Ruby. 1.00

00:08:49.000 Rubies are red. Sapphires are blue.

00:08:51.000 Okay. Emerald. Emerald.

00:08:54.000 Emerald's green, right?

00:08:55.000 Yeah. Emerald. Emerald.

00:08:59.000 What? Onyx, maybe?

00:09:01.000 I don't know. I like that emerald.

00:09:06.000 Good thinking, Luke. What do you mean good thinking?

00:09:08.000 You just... 1.00

00:09:09.000 What was that fucking stone you told me? 1.00

00:09:16.000 Ruby? No, not ruby. 1.00

00:09:17.000 be not sapphire the other one emerald more diamonds on my watch you don't need more diamonds on the watch so i get the watch you're right you need the watch i need a t-shirt i know You don't need more watches!

00:09:32.000 I never said any of this! 0.99

00:09:48.000 I hate you! I didn't say any of this! 0.67

00:09:54.000 Second watch of the week.

00:09:57.000 Luke, it had to happen.

00:09:58.000 You can't come to Dubai and just keep, Luke, let's go, and then I come, and then it's to buy a watch.

00:10:03.000 I know I recognize the building I know you said it. I knew exactly where we were.

00:10:17.000 I knew once we went up the elevator.

00:10:19.000 I knew it. I know who's gonna be in there.

00:10:22.000 I bet him. I know exactly what's gonna happen.

00:10:24.000 I bet you.

00:10:26.000 I bet you he's going to take a watch and show it to you.

00:10:29.000 Hello again. It's been a while.

00:10:34.000 No, we see him all the time.

00:10:36.000 My boy Justin. Hey, Justin.

00:10:39.000 How are you, bro? Nice to meet you.

00:10:41.000 You're very smart. Have a seat, guys.

00:10:44.000 Coffee? Coffee, please. No problem, no problem.

00:10:49.000 It's time to come see you. It's been too long since I picked up a diamond.

00:10:52.000 It hasn't been too long.

00:10:53.000 It's been a while. It hasn't been a while.

00:10:55.000 We'll have to make something happen. I think we should make a weekend thing, right?

00:10:59.000 I think it's getting like that.

00:11:01.000 It's Luke's fault. He kept making fun of me saying that I'm a loser because I don't have an emerald watch.

00:11:05.000 I didn't make fun of him.

00:11:07.000 At all. If you were a real man, you'd have a green emerald watch.

00:11:10.000 I never said this.

00:11:11.000 You know, Luke, I heard that conversation.

00:11:13.000 It was a green one, a blue sapphire, a red blue.

00:11:16.000 What? No! No!

00:11:18.000 You had the same conversation.

00:11:19.000 No! Exactly what you were saying.

00:11:23.000 You can't give him my rules, mate.

00:11:27.000 I've been begging. So we've got to buy something?

00:11:30.000 This is all your fault. No, I didn't say anything.

00:11:33.000 You have to accept what you've done.

00:11:36.000 How's the price fading? Have fun?

00:11:37.000 Good, man. Yeah, we're like, the more we look around the buy, the more we kind of believe it's the city of the future.

00:11:41.000 Oh, absolutely. I think the next 10, 20 years are going to be huge growth here, and I can't see any other city that's going to grow in the same.

00:11:47.000 Everything else has been built. I mean, London's been built, and I was just trying to stop it from rotting.

00:11:51.000 Just trying to stop the rot.

00:11:52.000 So, like, we're looking at a few opportunities and that kind of thing, and really, truthfully, The building is interesting, the particular house is interesting, whatever.

00:12:00.000 But really it's about Dubai and all, right?

00:12:02.000 If the city blows up, then it all blows up.

00:12:04.000 And I kind of think the next 15, 20 years from Dubai, I think it's their time. 0.56

00:12:08.000 I think the way everything's moving digitally as well, like crypto and how it's been, Dubai's kind of positioned itself perfectly.

00:12:14.000 I mean, it's always the forefront of new technology, right?

00:12:17.000 But especially because of where it is, how it is, the weather, the safety, how king it is, and then you add in how they're pushing all new technology and stuff.

00:12:24.000 Yeah, yeah, yeah. How long you've been here?

00:12:27.000 You've been in a while, right? Nearly eight years.

00:12:30.000 Okay. I've never been here.

00:12:32.000 Say again? No, no, thank you.

00:12:35.000 No more. And in eight years, you must have seen shit loads of growth in eight years.

00:12:38.000 It's changed so much. It's changed so much.

00:12:41.000 But, like, recently, post-COVID, the amount of people that have moved here is just...

00:12:47.000 It's off the chain. Every time I look on Instagram, someone who's been moving in a fucking car. 0.99

00:12:51.000 Everyone who has the chance to make money online are moving here. 0.98

00:12:54.000 There's no world to go. It's almost like you look at the world and go, okay, not there, where?

00:12:59.000 I mean, it's amazing for entrepreneurs and stuff that are coming out, setting up businesses, creating jobs, making a better life for themselves and living here in the South.

00:13:08.000 You've seen so much of it, like I said the other day, so many young guys, but I feel like, It's kind of like Miami.

00:13:27.000 So Miami played COVID perfectly and all the Americans want to move Miami.

00:13:30.000 The Biden did the same thing, but it's all, it's the world.

00:13:33.000 All the rest of the world who's not American is trying to come to Dubai. 0.99

00:13:37.000 Miami's driving right now, right?

00:13:38.000 Yeah, because Miami dragged all the brains and talent out of America.

00:13:41.000 And Dubai feels like it's dragging all the brains and talent out of Europe.

00:13:44.000 Anyone I know with money is coming here.

00:13:46.000 Anyone I know with money is buying in Dubai, moving to Dubai, getting to Dubai resident seats.

00:13:49.000 Everyone's moving in. Or is that a conversation for another day?

00:13:53.000 When you start making me look poor when I walk down the street.

00:13:58.000 Listen, before you say talking to Paul, should we show you your new custom piece?

00:14:03.000 Yeah, you showed my new custom piece so my cousin made fun of me and said I had to buy it.

00:14:06.000 I didn't say this. This is sat here for so long because obviously we did it for you a while ago and you've been traveling and doing stuff all over.

00:14:13.000 So it's just you've been sat here with me getting jealous of the water.

00:14:16.000 And it's one of one? One of one.

00:14:18.000 Like, it's unique, we will never make another.

00:14:20.000 So we make a few one-of-ones, and when we mean it as a one-of-one, it is a one-of-one.

00:14:25.000 It doesn't mean that somebody else might copy something and do something else, but from us, it's a one-of-one.

00:14:30.000 So, let me show you.

00:14:31.000 So if any Hustlers University students come along trying to get one of these, and they don't know.

00:14:36.000 I mean, you can ask me to make you a different color, or something that's different, but you're not getting an audio tape.

00:14:42.000 You're that, students? You keep making your money.

00:14:44.000 This is one-of-one. So, have you got a Patek yet?

00:15:07.000 You haven't, have you? Nah. So, the best box in the business, in my opinion, is the Patek box.

00:15:14.000 So, this is your warranty card from us.

00:15:15.000 Two-year warranty. Thank you very much.

00:15:17.000 One of one on our warranty card.

00:15:19.000 Today's date. Amazing.

00:15:23.000 No one makes a box like Patek.

00:15:25.000 Yeah, this box has got to go somewhere.

00:15:27.000 Ready? Ready.

00:15:31.000 That's super cheap. I mean, if that doesn't scream Andrew Tate, I don't know.

00:15:36.000 It is an Andrew Tate watch, isn't it?

00:15:37.000 But there might be an alligator Louisiana, I don't know.

00:15:40.000 Yeah. Maybe. I don't think that goes with cowboy boots.

00:15:45.000 This watch, obviously, it's...

00:15:47.000 Bro, it's already sparkling. I don't know how to do that.

00:15:49.000 The base is full gold, and we've done what's called DLC coating, which basically changes the gold color to black.

00:15:55.000 It's all in color. Someone asked me that.

00:15:57.000 I showed a video of it and they said, what's the black?

00:15:59.000 What's the black? I said, I don't know. Black is gold. 0.96

00:16:01.000 Well, the actual medal is gold, but to turn it black, same as like steel watches, you have to do what's called DLC coating.

00:16:06.000 It's like a miniature great coating.

00:16:08.000 And you have to do it several times over the watch to change the color.

00:16:11.000 I mean, over time, it can possibly scratch off, but you get to your warranty.

00:16:14.000 Obviously, if it does, we'll fix it for you.

00:16:17.000 Basically, the whole watch is built around the stones.

00:16:18.000 We start with the stones, we source the stones, and then the whole watch is assembled and built around it.

00:16:22.000 It's about three months process to make it.

00:16:25.000 Yeah, I like to do it. I'm going to mess it up.

00:16:27.000 Three months work. It's about three months.

00:16:29.000 And obviously, look on the back. You've got the exposed patek movement as well, which is amazing.

00:16:33.000 Hidden just for you. It's super unique, which I like.

00:16:36.000 Everyone's going to be like, what's that? What's that?

00:16:39.000 And like, not too chunky because your AP is...

00:16:41.000 My AP's massive. Yeah, yeah.

00:16:43.000 Which I saw you on the jet ski with the other day.

00:16:45.000 I was worried. I'm like, please don't fall in.

00:16:47.000 Well, I was in Miami with him and I was in Miami with him and the jet ski so drunk making videos on my phone.

00:16:52.000 If I would have lost that phone, I would have lost millions of dollars. 0.98

00:16:54.000 I was drunk out of my mind, smiling, thinking I'm a smart ass. 0.99

00:16:57.000 Yeehaw. Yeehaw. Nice to do it. 0.99

00:17:01.000 What do you think for the size? Do you want to take one out?

00:17:03.000 I think it might be.

00:17:04.000 Yeah, let's take one out. Let's take one out.

00:17:06.000 Are you happy now, Luke?

00:17:08.000 Do I have enough emeralds for you?

00:17:09.000 That is cheap. Are you happy? It is super cheap.

00:17:11.000 Do you start talking crap about sapphires? 0.98

00:17:13.000 No, I never said anything. You can make a blue one. 0.98

00:17:14.000 Can you do a sapphire one in blue?

00:17:15.000 No, no. You can do a sapphire one in blue.

00:17:18.000 No need for sapphires.

00:17:20.000 Because my cousin keeps telling me I need sapphires.

00:17:21.000 No, I don't. I don't.

00:17:22.000 You can hear him now, right?

00:17:24.000 So what happened? This watch actually became famous.

00:17:28.000 It's a different model. Someone made one for Drake.

00:17:30.000 I've seen it. But it's different.

00:17:32.000 It's the moon phase. So it's got a moon phase in the dial.

00:17:35.000 So we thought we'll kind of make our own thing, but we didn't want to do that because there are people that have done that.

00:17:40.000 That's no longer a one of one.

00:17:41.000 And I'm sure people probably will at some point copy that.

00:17:44.000 But for us, it will only be one of one.

00:17:46.000 What do you think? Do you like it? More than life, bro.

00:17:51.000 I'm super happy. Again, this was probably the fastest transaction ever, as it always is with you.

00:17:57.000 It's, yeah, how much? Yeah, I'll have it.

00:17:59.000 Cool. When can I get it?

00:18:01.000 So... 82 students can't compete with that.

00:18:03.000 They have to be faster than Watson.

00:18:05.000 But that's the maddest thing, and I still remember it.

00:18:07.000 It only feels like yesterday.

00:18:08.000 It was a year ago when I opened this new showroom.

00:18:11.000 We didn't know each other. You messaged me for the AP Sponsor.

00:18:14.000 So this piece, I'm going to see.

00:18:16.000 It's crazy. There's limited numbers.

00:18:18.000 You can't find them. The skeleton is super rare and soon this might be discontinued and the price is just going to go through the roof.

00:18:24.000 We had one piece.

00:18:25.000 I know you messaged me. You said I want it.

00:18:27.000 Straight away done.

00:18:28.000 Blew in. Picked it up. You know what?

00:18:32.000 VVS diamonds. G color.

00:18:35.000 Over 2,000 stones set by hand.

00:18:38.000 And you were trying to buy a watch.

00:18:40.000 And obviously we sometimes don't know who's inquiring.

00:18:42.000 Oh no, you must get loads of time wastes.

00:18:44.000 And you messaged him and was like, yeah, I'll have it.

00:18:45.000 Give me your bank details. And I was like, okay, six feet of watch.

00:18:49.000 Okay, cool. Money sent.

00:18:50.000 And literally next day, money's arrived at the bank. 0.99

00:18:53.000 I was like, holy shit. Okay, cool. 0.98

00:18:54.000 This guy's serious. So, and then obviously, how many watches?

00:18:57.000 It's got to be eight, nine, 10 watches.

00:18:58.000 Something like that. Yeah, I don't really play games, but I know a lot of people do, but I really, in fact, I try my best not to, like, because nothing annoys me more.

00:19:05.000 I'm pretty serious, right?

00:19:06.000 So yeah, I was like, yeah, boom, boom, quick.

00:19:08.000 None of this two weeks, one week, no, here's the money, my friend.

00:19:12.000 And the last time you were in Dubai, you came to pick up another watch and ended up coming back two days later and buying another one.

00:19:17.000 So it's my cousin.

00:19:19.000 He keeps making fun of me saying I have no watches.

00:19:21.000 I don't make fun of him. He does.

00:19:22.000 No. That's why when we spar, I have to go a little bit harder on him, you know, because he keeps calling me poor.

00:19:26.000 But the other problem you have is it's the company you keep, right?

00:19:29.000 Because all of the guys you hang around with have been to watches as well.

00:19:32.000 Like I'm kind of seeing everyone buying watches and it's just, it's the hype and the mania around this stuff right now is crazy.

00:19:38.000 But the best thing about what you buy is it's just so different.

00:19:42.000 Yeah. It's just so different.

00:19:43.000 Yeah. I get pretty unique things and I think I mean, we were talking last time we were here, the watch market's going crazy anyway.

00:19:50.000 So, I ain't gonna lose any money.

00:19:52.000 I mean, look, something like this, it's so bespoke and so custom, it's harder if you want to sell it, but I know you're probably never going to sell it.

00:19:58.000 Stuff like the APs and stuff you bought, you can always get out a bit, the market's increasing, you'll probably make money anyway.

00:20:03.000 But I mean, it may be worth at some point having a few investment pieces, just a way you don't wear them and maybe just leave them in safe.

00:20:10.000 Because this is what's happening now.

00:20:12.000 A lot of investment groups, instead of investing in stocks, they're putting funds together and just buying up watches and just putting them in the safe for five years and making like 20-30% per year return.

00:20:23.000 So this is why you're not seeing any watches.

00:20:26.000 And it's huge. Like, where else are you getting 20, 30% per year?

00:20:29.000 Not many places. Not with a hard asset, a real thing?

00:20:32.000 Yeah, and it's not like you've got one thing that you need to offload at the same time.

00:20:36.000 Say you've got one property that's, say, $10 million.

00:20:38.000 You don't need to sell it one property.

00:20:40.000 You can say you've got, spread out $10 million over I don't know, 20 watches.

00:20:45.000 And you can offload three of them if you need cash or something.

00:20:48.000 Yeah, it's liquid. It's quite liquid.

00:20:50.000 It's so liquid. And you can just get in and out of stuff.

00:20:53.000 And then there's buyers for this stuff all over the world.

00:20:55.000 There's dealers, end users. So it's a really, really unique asset.

00:20:57.000 I think we said it the other day. It's blown my mind.

00:21:00.000 I've only been in this business, what, seven years.

00:21:03.000 I was a watch fanatic before.

00:21:05.000 I have never, ever seen it.

00:21:06.000 Everybody I know in the watch business has said they've never seen a time.

00:21:11.000 It's like its own... Currency, commodity, unique assets.

00:21:15.000 Which is just completely blown up after the pandemic, which is crazy.

00:21:19.000 But the cool thing about WeDo, what WeDo is what I love, is the custom stuff.

00:21:23.000 Let's get one link taken out of it.

00:21:25.000 I'm going to wear this. This is today's watch.

00:21:28.000 And then if Luke doesn't make fun of me...

00:21:30.000 I never make fun of him.

00:21:32.000 He does make fun of me.

00:21:33.000 I'm makes fun of me.

00:21:34.000 What?

00:21:35.000 I'm making fun of you.

00:21:36.000 I'm making fun of me. 0.86

00:21:37.000 I'm making fun of you.

00:21:38.000 I'm making fun of me.

00:22:52.000 Tristan.

00:22:53.000 Tristan. 1.00

00:22:54.000 This is bullshit, Tristan. 1.00

Tate Speech - July 26, 2022

FIGHTING FOR EMERALDS | Tate Confidential Ep. 135

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