The Real Wolf of Wall Street Jordan Belfort | This Past Weekend #210
Episode Stats
Length
1 hour and 38 minutes
Words per Minute
219.1878
Summary
The Wolf of Wall Street and host of The Wolf's Den, Jordan Belfort, joins us to talk about the largest woman he has ever had sex with and the ugliest woman he s ever made love to.
Transcript
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Today's guest is the author of The Wolf of Wall Street.
00:02:49.040
It is The Wolf of Wall Street, Mr. Jordan Belfort.
00:02:53.680
What's the largest or most like the largest woman you think you ever made love to?
00:03:16.260
Oh, when I was high, I made love to a 240 pound woman with fucking beard probably.
00:03:19.860
When I'm on coke, I'll fuck anything or eat anything and the uglier the better.
00:03:23.360
But when I'm normally sane, okay, it's not even how fat they are.
00:03:31.560
If they have thick ankles, I couldn't get – there's no Viagra in the world that could do the trick.
00:03:38.000
Because is it like my penis – is it like the girth of kind of my penis won't be able to compete with that?
00:03:46.300
Or should I say that it might be that like four levels down.
00:03:49.400
But there's just something about the look of it that I don't know.
00:03:56.520
I'm trying to sleep with the abominable snowman.
00:04:02.200
It just feels like they're just like – it's like I'm like, dude.
00:04:23.120
It's all about, you know, I guess back in the 1800s, you used to like the heavier girls were more
00:04:31.600
Yeah, I remember when I was young, I'd go to the library and instead of – this is before
00:04:48.820
I'm glad that this is – shit, we're missing – I thought we were missing all this stuff.
00:04:51.680
Because I think it's – you know, listen, I think the problem nowadays is that
00:04:59.920
When I said that about girls with – like, I'm not saying I'm right.
00:05:07.240
That's my – whatever reason might have dropped on my head as a kid or who knows what
00:05:11.220
Maybe I couldn't get it up once with a girl like that and it deep wounded me forever
00:05:14.600
or maybe I just don't like girls with fat, big ankles, you know?
00:05:21.940
I don't know if I ever thought about like do I have a – like what is like a defining feature?
00:05:26.220
Do you have a – do you have a do not cross line for you with a girl or a guy?
00:05:32.380
I've never been in any kind of sex with a man or anything like that, dude.
00:05:36.280
One time me and this guy was doing a little bit of coke, but thankfully I had to go to
00:05:39.560
the airport, you know, because I thought things might have got a little wild.
00:05:42.120
Listen, I think if you're gay, I think you have a maid.
00:05:47.280
I'm really social – I'm liberal like that, but I just think it's great because I love
00:05:55.260
It would be – just play around in tennis and then let's go fucking do it.
00:06:02.300
I think if guys – I mean, I've thought about that.
00:06:04.420
Like what if, yeah, you and your buddy are like just, you know, playing a game of hoops
00:06:15.600
And there's an episode about these two guys, two black dudes, right?
00:06:19.620
And one guy gives his friend like a present for his birthday and it's just like, you
00:06:23.580
know, next, next, next generation artificial reality where you put a little thing on your
00:06:27.600
head and you're actually in the game and it's like one of these old karate games they
00:06:33.360
used to play when they were like, you know, in their 20s, right?
00:06:36.880
And then, you know, the kicking and punching, right?
00:06:38.880
Except now you're actually in the game and his best friend plays – and it's the guy
00:06:43.860
from who plays Red Wing from Iron Man, from the Avengers.
00:06:51.740
No, who plays Red Wing, the guy with the wings who flies around.
00:07:07.320
It's the guy who plays Red Wing in the Avengers.
00:07:14.620
He was in the movie about the plane crash with the football team.
00:07:18.500
So, dude, he's in this with another guy, another great actor in this Blackberry episode.
00:07:23.640
And what happens is his friend plays – in the game, he's a girl, like a hot kung fu expert.
00:07:31.400
And he's young and they're young, like in their 20s.
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And he thinks that his friend gives them the gift.
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They start – his friend just goes and kicks, starts fucking.
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And with their men on the outside that aren't in love.
00:07:44.620
And on the inside, they're men and women that aren't in love.
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Yes, and then the guy starts to fuck up as he's happily married with a kid.
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And starts fucking up his sex life because he falls in love in the game with this artificial girl.
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And his friend is devastated, this whole fucking thing.
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And then, you know, whenever they separate, because he can't deal with it, right?
00:08:02.300
And then finally, he separates out from the whole thing.
00:08:05.300
And finally, six months later, they get back together.
00:08:12.740
And then the Blackberry thing ends with his wife going out on a date with some other guy in a bar.
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And him, but he's agreed, and he's having sex with him.
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They get to fucking have their dalliance, you know?
00:08:25.760
Did you want, do you think the UFC would be cool if after somebody beat somebody, they had to insert themselves in them?
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I think it would be pretty tough if it was a forcible insertion.
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But it would be agreed upon before they enter the ring.
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Yeah, well, I think it would be a different type of sport, you know?
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You think you'd have different types of fighters?
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Your mind goes, I'm worried about you, because your mind goes, I wish I would have thought of that myself.
00:08:54.800
You're taking shit up another level here, you know?
00:08:56.540
Bro, you bring your sick fuck to a sick fuck fight.
00:09:04.300
Bro, if I'm talking to you, I'm bringing a red penis to a butthole fight.
00:09:10.160
I'm saying my wife, honey, whatever is now is off limits.
00:09:14.380
There's nothing that's a fucking different guy acting.
00:09:19.660
Do you think that it would be a different type of sport?
00:09:22.140
What's the next level of sport that you think you see?
00:09:36.320
On some level, I loved the first UFC when there was no rules, no weight classes, nothing
00:09:45.180
I think you could do almost anything but gouge someone's eyes out.
00:09:50.540
I don't know which one is worse if you're ticklish.
00:09:59.300
So it was very smart on the part of the UFC to sort of sanitize the sport by putting
00:10:04.000
weight classes on and certain rules and guidelines to make it not a fucking free-for-all.
00:10:09.040
The problem was that it turned out that Brazilian jiu-jitsu just trumped everything.
00:10:13.700
So if you went into the ring knowing Brazilian jiu-jitsu, you just fucking choke a guy out.
00:10:19.320
So they eventually had to have some differentiators.
00:10:23.520
In other words, what happened was people came in like, I'm a great boxer.
00:10:32.360
But then you could not become maybe quite as good as the next guy, but good enough to
00:10:37.840
And if you were great at boxing, these people get knocked out with boxing.
00:10:41.460
Something that was more than the weight classes that changed, that made it more interesting
00:10:44.200
was sort of the idea that you could defend against jiu-jitsu if you had a basic level
00:10:50.120
Did you ever take any, like, boxing or martial arts?
00:10:56.120
Yeah, I did as a kid, but it wasn't called that.
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Um, I took some karate, never got past, like, a yellow belt or something.
00:11:06.920
Whenever you went to prison, did you feel like...
00:11:10.040
When you were going in there, do you have a thought in your head, like, shit, I wish I
00:11:23.840
The jail is referred to, like, as a short-term...
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And prisons, like, when you go off where I went, it was actually to prison, right?
00:11:31.580
So, where you actually go with federal and there's a longer...
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So, there was no chance I was going somewhere where there would be physical
00:11:56.760
So, did you think, like, what was your biggest...
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Looking back on jail, what's something that you probably missed the most, do you think?
00:12:13.180
And he's actually coming to my podcast tomorrow, Tommy Chong.
00:12:16.880
We used to have the same trainer for a little bit.
00:12:20.000
But, I think maybe if there's only one thing...
00:12:25.740
It was the fact that I had nowhere to go but up.
00:12:33.880
And there's some power in a low if you know you're the sort of person that is going to come back from that.
00:12:41.880
So, far worse is the time before jail when you're waiting to go and you can't restart your life.
00:12:48.180
So, it was like being there was almost this cleansing period of your spirit, your soul, not so much your body.
00:12:54.360
But, I guess, I worked out like a maniac and got in amazing shape.
00:13:02.120
And I taught myself to write when I was in prison.
00:13:06.700
But, I think I missed that feeling of like, you know, I'm...
00:13:17.600
Do you feel like while you're in there that like, does it feel like you can't...
00:13:27.840
Or do you kind of do all that stuff before you go away to prison?
00:13:31.940
The people that you love or people you don't know?
00:13:41.540
Although, you're never going to be fully prepared.
00:13:42.940
But, of course, when I was there, I mean, you know, I think there's two things can happen
00:13:49.000
You can go into prison and like, make it a gladiator school where you come out even a
00:13:56.300
Or you can use it, as I did, as a period to learn and grow and get stronger.
00:14:02.240
Emotionally stronger, physically stronger through just my...
00:14:05.220
But, really, I came out a far stronger person in terms of emotionally and also skill
00:14:13.340
I taught myself an incredibly valuable skill, which was to write.
00:14:16.740
And that served for everything that came after it.
00:14:21.880
Because, I mean, obviously, would you consider yourself like one of the most notorious salesmen?
00:14:35.260
But once, you know, everyone realized what was really going on on Wall Street, I started
00:14:39.860
to say, well, you know, okay, I'm not going to...
00:14:45.260
But I didn't bankrupt Iceland or Greenland or Greece.
00:14:57.820
So, while what I did was wrong, for sure, and I don't try to minimize that, what paled
00:15:02.900
into comparison is what happened in the global financial crisis with things like Lehman
00:15:07.020
Brothers and Goldman Sachs, where they literally bankrupted the world economy almost.
00:15:10.700
Were you envious at all of those people, like a little bit?
00:15:16.700
I would have been envious 10 years earlier, but at that point, I had completely changed
00:15:29.760
See, I knew this was going to happen for years and years.
00:15:32.580
And I wrote about it in my book in 2006 or something.
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And even then, it wasn't like most of Wall Street was bad.
00:15:51.620
One little thing that wouldn't have much impact on the outside world is a massive impact on
00:15:58.660
Is Wall Street even a place where people like...
00:16:00.740
Can the mom and pop person, somebody sitting at home, like a regular guy, is there still
00:16:05.820
any real opportunity for people like that in the stock market?
00:16:11.820
Take your money and put it in a fixed fund that you just...
00:16:16.060
They just invest in the S&P and don't buy it or sell it.
00:16:19.340
It's an electronically traded fund where there's no buying or selling, no commissions.
00:16:39.340
Is there anything you miss the most about that?
00:16:41.660
It seemed like there was such a sense of camaraderie even in some of those sales rooms.
00:16:56.380
You linked up sales and being evil and they're just complete unrelated elements.
00:17:01.500
In other words, I am one of the greatest salesmen ever in history and I created a sales system,
00:17:07.020
a way of training salesperson that allowed that insanity to happen.
00:17:14.280
You either use it for good or it could be a mother in her house and five rapists come in to kill her and her kids and she...
00:17:21.140
No, that gun's a really great thing with being used very justly, right?
00:17:25.660
Or you could use it from a bell tower and knock out innocent civilians on the ground, right?
00:17:29.540
Any powerful weapon or any powerful instrument can be an instrument for good or evil.
00:17:36.940
If you're a great salesperson using sales and persuasion ethically, then you're getting people who need things and have certain lacks in their life.
00:17:44.520
You're helping them fill those needs elegantly so they can live a better life.
00:17:50.140
And when I was in my 20s, I didn't use that ethically always.
00:17:55.060
And everything about my life is about ethics, which is why now I have that and it feels a million times better.
00:18:01.680
Because there's some actual inner reward to it.
00:18:08.080
My definition of success back in my 20s was about how much money can I make?
00:18:18.400
Many people don't have to learn quite as hard a way as I do.
00:18:25.000
So I used the gifts I had in this system I created for the exact opposite reasons, which are for reasons of good.
00:18:30.700
Do you feel like your ability to be a great salesperson or the ability to articulate, to lead, to control?
00:18:47.760
Do you feel like that those are like you were born with those things?
00:18:53.180
Or do you feel like those are things that you learned?
00:18:58.780
So I was born in the same way that Michael Jordan or LeBron James in their universe is what they do better than anyone in the world.
00:19:06.560
I was born with a inner, you know, the skill given from God or nature, whichever one you believe, right?
00:19:12.500
And then through years of practice and repetition, I honed that to near perfection.
00:19:17.340
So I think, and I think that's true of everyone.
00:19:19.720
We're all born with certain skills and either we can develop them or not.
00:19:23.600
The good news is with selling is that you can learn, you can become good enough at it so it never holds you back in your life.
00:19:33.100
I'm not saying I could turn you into me, but I can certainly take someone who is having problems where they communicate.
00:19:43.040
Their ability to make their thoughts, their ideas, their hopes, their dreams known to other people in a way that lets them say, I get it.
00:19:49.760
If you lack that one skill, it's really hard to succeed in life because, you know, you're almost like a one-person army.
00:19:55.100
So you have all these amazing people out in the world that have these great ideas.
00:19:59.240
They could have these amazingly bright, brilliant, high-level lives, but they live a small life and a far less expansive life than they could because they lack this ability and they know it.
00:20:09.440
And their brain says, you know, I don't really want to go put myself out there because I don't feel comfortable.
00:20:16.340
They lower their own personal standards and they live a life that's not really as great as it could be.
00:20:20.380
And I think that's the beauty of what I do is the system I created really helps me.
00:20:25.880
Did you see somebody when you were young in your life that had that or something that made you think like, you know, in hindsight, looking back like, oh, that's not what I want?
00:20:36.340
Or they're cornered by this affliction of their inability to like own their own potential or to.
00:20:46.980
So my parents, I grew up in a lower middle class.
00:20:51.400
Parents were brilliant, hardworking, educated, employed, and broke.
00:21:04.020
I said, how could people be so smart, so hardworking, so industrious, so loyal, so educated, and have no money?
00:21:09.140
And the answer is, A, they were risk-averse, completely risk-averse, depression-era mentality.
00:21:15.260
And second, they thought that selling was evil.
00:21:22.000
And because that's your belief, then you will shy away from anything that makes you, you know, even put you in that box of being deemed as a salesperson.
00:21:34.880
They never tried to sell their skills to other people.
00:21:45.260
But if it wasn't, they would have never lived the lives they were really, in terms of, you know, and by the way, yeah, and lived the lives.
00:21:50.880
Because without money, life's fucking hard to live.
00:21:53.740
I mean, you know, Social Security's enough to pay for your diapers when you're really old.
00:21:57.220
So they were able to, you know, put away a lot of money and be okay.
00:22:02.380
You think, like, their mentality and stuff changed as they saw you start to make more money?
00:22:08.940
Do you think it adjusted their worldview or something at all?
00:22:12.340
They were so, to this very day, they're still alive.
00:22:18.620
And they still live in the same two-bedroom apartment, which they rent for 60 fucking years.
00:22:28.380
They have the same telephone number, the same mailbox, the same fucking parking spot, the same mural on the wall.
00:22:50.200
But that's, their belief system creates that sort of outcome for them.
00:22:56.820
Did they, um, did they like Wolf Wall Street when it came out?
00:23:01.120
You know, my dad just died because, obviously, he became, you know.
00:23:04.420
Listen, he ain't lived until you've been in a fucking Scorsese movie, right?
00:23:07.500
So, my dad, you know, was portrayed very vividly.
00:23:10.680
My mother, not so much because she wasn't involved in the business.
00:23:22.460
Like, do you miss, like, I mean, obviously, we all miss, like, the youth of it and stuff.
00:23:25.800
But is there, like, um, is there anything about, like, just, like, the debauchery it seemed like you could have back then?
00:23:38.680
Like, it seemed like you guys could probably kill somebody.
00:23:43.900
Or if you drop them, you have to pay some damages, you know.
00:23:55.780
My assistant back then, her real name was Mona.
00:23:59.140
About a year ago, I was doing an event in New York.
00:24:01.360
And Mona came just to, you know, for old time's sake.
00:24:04.040
And we had this high-end dinner for some high-end, just like, you know, people would pay extra for tickets, right?
00:24:08.160
And she sat there during the dinner, and she, like, says, you know, guys, I want to just tell you, this whole Me Too stuff, she goes, you girls don't know what you're missing.
00:24:18.120
There wouldn't be one girl at work, because there was never, see, there's a difference in sexual harassment and sexual promiscuity.
00:24:25.120
There was, if you was harassed, you'd be fucking, no one was getting harassed in my, you know, I'd fucking throw them out.
00:24:32.580
If someone was harassed, that guy, the guys would be, it wasn't like, it was respect.
00:24:35.800
But it was fucking everyone under the desk, to the Coke closets.
00:24:48.640
But if you didn't want to partake, you were not pressured or bothered, that was, like, the healthy version of that.
00:24:54.700
I don't think the casting couch was, it wasn't like you'd go to Stratton and say, I don't want to spread my legs, so, oh, sorry, well, you can't, well, you're going to be a lower level.
00:25:03.580
Either you did it because you wanted it or you're not, we loved you either way.
00:25:09.360
And it was good to have both types of people there, but no one judged, it was just a wide, it was a fucking circus, right?
00:25:14.960
That's very different than a woman who's going to Hollywood back in the 90s and has to fuck some fat motherfucker or else she can't get, that's fucked up.
00:25:24.380
And that had to stop and I'm glad it has stopped.
00:25:26.560
The problem is, is there's lots of gray in between those two places and what happens with any movement, not just this, whether it's communism in the late 50s, like the Red Sea, it's always, it polarizes to one place until it eventually normalizes.
00:25:40.500
So my hope is, is that it settles back to a level that has all the things that it should have been the Me Too movement and not the idiocy and insanity that it so often projects out to the world when 99% of the people in the movement would not want that.
00:25:53.960
They would like it to be just and fair in the middle.
00:25:57.180
I think that people have their voice, that the people that fuck up should be, you know, dealt with, but innocent people shouldn't suffer.
00:26:03.780
And also what you did 38 years ago between two people, I have a tough time with that and less there's proof, but that's just me.
00:26:10.040
Do you still have people that reach out from the past?
00:26:12.080
They feel like you owe them money or you owe them debts or anything like that?
00:26:19.100
Do you ever feel like, do you ever feel like a sense of like remorse or anything like that still?
00:26:24.380
Or like, do you ever feel like karma has like some weird plan for you or something like that?
00:26:35.180
And I think that, listen, you know, there's a lot of people who did worse things than me and I did a lot worse things than other people.
00:26:45.380
I think on some level I just had an ability to write about them really well.
00:26:50.120
And it struck a chord in people in Hollywood and I'm not trying to minimize that my life was insane.
00:26:58.640
It was insane, but we all know that there are lots of crazy people out there.
00:27:02.820
I think part of it was that the thing about my life that I think really when you get down to it, why it became a cult hit the movie.
00:27:14.320
He just is amazing and somehow, who knows what the fuck he does, somehow he has a way of doing things that just, no one else could do what he does in his domain, right?
00:27:29.800
He has a talent that's, how many, how long he's going to.
00:27:33.860
It's just a talent he has for telling a story in a certain way where other people could not do it as well.
00:27:47.320
And as I always say, it's better than Danny DeVito, no disrespect.
00:27:53.920
He would have had a stroke in the first two minutes.
00:27:55.780
So, but the truth is, is that, you know, in terms of what happened is that I made all these disempowered kids into superstars.
00:28:08.300
And that's what connects with people all over the world.
00:28:11.760
The reason young people love the movie, it's not just of the insanity of this or that.
00:28:16.760
It's that people came in that had no real chance for success, didn't believe they were successful.
00:28:24.060
And they just, and it was a place where you would go and transform into this person of power and live out your dreams.
00:28:30.200
Did you ever help out a guy that ended up being like a gay guy and he tried to give you a BJ to like, like show you how much he cared, like that kind of thing?
00:28:37.440
Because that seemed like something that could happen.
00:28:40.940
Like it seemed like if you empowered somebody so much, it would feel like.
00:28:43.880
I'll tell you what, I don't know whether to be insulted or not.
00:28:47.360
I have never, ever been approached by a gay person to have to.
00:28:53.780
Because I was walking through the airport the other day.
00:28:56.620
And no one ever tried to have, like, I was like, am I not good looking up for something?
00:29:10.960
I think also like a gay man would go for another gay man.
00:29:13.860
Or they would go for a straight man that's susceptible.
00:29:22.140
But, you know, I guess it's good because I'm not gay.
00:29:27.420
Do you think gay guys have more fun than straight guys?
00:29:34.920
But I think that on someone's logical, I think guys are just fucking hornier.
00:29:39.220
So then two guys would probably be hornier than a guy.
00:29:53.640
And then that company had like an old lawsuit against it that could have come back.
00:30:06.240
So I bought it and then it became Stratton Oakmont.
00:30:08.920
Has there been like – because it has like – because after that, I feel like people started to take like, okay, it has to have this many syllables to be successful.
00:30:14.880
I mean they broke down every single thing that you did.
00:30:17.500
And by the way, don't think for a second that when I was – I could have changed the name of Stratton to XYZ Securities.
00:30:26.440
Because you would want a name that instills confidence and so forth, right?
00:30:32.540
I was keenly aware that when I merged Stratton Securities into Oakmont, that Stratton Oakmont sounded better than Stratton.
00:30:41.420
But you can change – you can pick any name you want.
00:30:43.000
You just form a corporation or change to a corporate name to it.
00:30:47.260
Doing business as – and you can change – you can use any name.
00:30:53.720
Are there a lot of – are there a lot of like – do you feel like shady business people that reach out to you to try to get insight or try to get information?
00:31:08.900
She's like – because she's beyond a 6th, 7th.
00:31:17.820
She shoots out and she knows – I'm very careful.
00:31:20.500
Like I – you know, I can tell pretty quickly with – you know, what someone's at.
00:31:24.660
And I'm – listen, and I'm a bit of a sucker myself because I like to believe in stuff and I'm open to being sold to.
00:31:33.920
Yeah, if someone's not legitimate, I can tell pretty quickly, yeah.
00:31:37.080
But – and would you still like work for some of those types of people?
00:31:40.160
Like if a company reached out to you and you felt like it was extremely unethical?
00:31:50.600
And do you – are there companies out there or businesses out there that, you know, susceptible or gullible people?
00:31:57.140
Even like myself, like you just said, like for some reason, like even though sometimes I feel like I'm smart, I also feel like I'm gullible?
00:32:06.640
So one has to do with your intelligence and your experience and the other is your decision-making strategy.
00:32:13.920
Well, you know, now you make – you don't realize it, but we all make decisions based on these parallel movies you run.
00:32:19.660
We say if I take action, what's my best possible outcome?
00:32:26.360
If this guy tries to sell me this shit, if he's telling the truth, what's my best outcome, and if he's full of shit, what's the worst that can happen?
00:32:35.320
And what happens with people like myself who are easy to sell to and you seem to be the same way, the movie I run on the positive side is really long and robust.
00:32:48.160
I'll be on the 18th hole of Augusta fucking victory from this stupid golf contraption I bought, right?
00:32:53.740
And my negative down – so I'm like, I'll run it.
00:32:57.840
I blunt the negative movie and I run out the positive.
00:33:02.260
My dad, who's the fucking hardest person in the world, he would run the same two movies, but he'll run the really short positive movie.
00:33:10.600
He'll be like, oh, yeah, maybe the world will – but I give the guy 40.
00:33:14.060
He'll steal my fucking credit card information.
00:33:15.820
I'll fucking – my golf season will get worse.
00:33:18.720
It'll break – people will think I'm an idiot, and they run out to – before he's done, this $149 purchase has him living in a box on the fucking street, and he'll never recover.
00:33:27.840
That's why we have different – and those latter people are called high-action threshold people, meaning that the level of certainty that they need to be at about something before they – I'm really certain that I'm right about this decision.
00:33:40.660
They have to be at a very high level of certainty versus someone like me or you.
00:33:52.200
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00:36:46.580
Do you feel like there are there products out there or things you've gotten involved in that are – are there products out there right now or things that are being sold out there right now that would be the number one things that you would tell people to stay away from?
00:37:09.860
To you as a salesperson, that seems like a fucking racket.
00:37:14.880
Yeah, because I don't think block – not blockchain technology.
00:37:19.260
The inflationary aspects of cryptocurrency are a joke to me.
00:37:25.620
And I said that at $20,000, you know, and I still say it now.
00:37:29.620
And, you know, listen, you know, that's just my opinion.
00:37:34.460
The world is full – there's people out there who sell sales training programs who are so terrible.
00:37:48.060
So they – yeah, they're really good marketers, but they don't know the first fucking thing about sales training or selling.
00:37:54.100
They're very different things, marketing and selling.
00:37:57.540
Are we in more of a period now where sales is stronger or marketing is stronger overall, you feel like?
00:38:05.460
But we live in an area where – and in a time right now where you could sell through curated video.
00:38:13.080
In other words, you can carefully manage what you put out to the world by – a person could sit in front of a camera and do 25 takes in front of a camera to get his tonality, his message just right and follow a script.
00:38:31.400
So you find some unscrupulous people out there who use videos to sell products and other shit when if it was being sold without that.
00:38:39.900
But the good news is those people I believe is not sustainable and that people will eventually –
00:38:48.820
But also the same – you can also do that – the same thing I just said can be used for good.
00:38:54.600
You can be terrible at persuasion and learn how to do that and sell things and make a lot of money and help people too.
00:39:00.720
What are products like if people ring your phone that you'd be like, oh, these are things.
00:39:03.980
This is not something you should probably – or see –
00:39:17.540
Somebody's like, oh, these cats have been in fires and they're like –
00:39:24.420
95% is going in the pocket of the people who have created people with telemarkers.
00:39:29.040
Any type of thing that has to do with medication on the phone.
00:39:33.920
It sucks and they'll never fucking stop calling you once they get your number until you change it.
00:39:40.380
You know, listen, I'm a big believer that if you get that feeling in your gut that something seems off, you're probably fucking right.
00:39:52.800
Even if I'm leaving a place and I feel like I forget something sometimes, I'm like every time I don't check, I'm always right.
00:39:58.800
I get something like, fuck, I forgot something.
00:40:05.820
And it's good to understand what causes you to make certain decisions.
00:40:09.760
And once you know, you can almost empower you to make better decisions, you know?
00:40:13.360
Do you – is it tough to navigate since you like have such a, you know, a long time of like doing business and business acumen and sales acumen?
00:40:21.460
Is it tough to like – like emotionally when you get into like relationships and stuff, is it tough to separate how you navigate those two things?
00:40:30.880
And so, you know, my second wife, different wives, she used to say to me, you know, of all the reasons I hate you and I hate you for so many fucking reasons.
00:40:40.220
The one reason I hate you more than all trumps them all is that when we would argue and when we'd have – you were just so fucking persuasive.
00:40:50.860
And I was actually – it turns out I was right.
00:40:57.740
And I always say when I teach the system, I teach this called the straight line.
00:41:03.900
Because it doesn't always lead to a happy ending.
00:41:06.080
Just because you can just persuade someone, don't always do it, you know?
00:41:09.640
Do you feel like your first wife or your – like you're on your third wife now?
00:41:29.060
And you probably went into that making – was it different you making those decisions?
00:41:33.540
It was the same me, but she was just – I was 22 and, you know, I just – I loved her to death.
00:41:41.240
Farm wall – I mean, much – and the girl was actually pretty in the movie, but she was down.
00:41:47.600
But she was a beautiful girl, sexy, not tremendously intelligent.
00:41:54.880
You know, she was a hairdresser, but she was really nice, good heart.
00:42:01.020
I went through a time in my life – I don't think any woman at that moment in my life would have been enough because I wasn't enough for myself.
00:42:10.540
And I was looking for an answer outside myself.
00:42:13.260
So I would always – you know, I mean, I did my best dating after I married her.
00:42:18.200
What was like some of the hardest things to hide like when you were running around and being – because I've been a philanderer, you know?
00:42:22.580
What was like some of the tough things like –
00:42:25.080
Let me just out loud, but I would never want to be with her versus my current wife.
00:42:30.620
So my current wife represents the best of everything.
00:42:35.320
So – but the point was I just – she was an angel of a human being though.
00:42:38.680
Was it tough running – like as your – as life started to get more heightened, you started to get more money?
00:42:43.600
I mean, with more money, obviously, more opportunities came around.
00:42:47.360
Like did it get crazy like hiding things like from – it must have gotten bizarre, huh?
00:42:55.080
Well, yes, but I didn't do a great job of it always, you know?
00:43:04.240
I mean, I went from being a guy that – it's like my junior partner, Danny.
00:43:14.140
I was like, why are you fucking – he hated his wife always.
00:43:24.920
I never met a woman that hated a man as much as Nancy hated Danny.
00:43:32.620
But in the beginning, I was like, I'm not going to the city.
00:43:36.860
Within two months, it was like four nights a week in the city.
00:43:41.660
And I didn't do a very good job of handling wealth, success, and fame the first time around.
00:43:53.800
It made me more of what was ready to come out, which was I could not handle having unlimited money, carnal opportunity.
00:44:03.240
All of a sudden, every girl was like, it was like, whoa.
00:44:05.400
It was like every adolescent fantasy being at my fingertips, right?
00:44:09.600
Now, you know, nowadays I would just, I laugh at the whole thing.
00:44:12.060
I respect it, and I enjoy it, and I use it to empower myself and other people.
00:44:17.200
But I never, like, it's not this, and the movie came out, it didn't change me in any way, but for the better.
00:44:21.920
Do you ever hire, like, have you ever been so high on cocaine where you couldn't have sex, you know?
00:44:25.800
So, but you hired other people to have sex, like, you paid some people to fuck or not, you think?
00:44:31.240
Well, let me just, the first answer, like, probably every time I took cocaine.
00:44:35.220
I know one guy, Sam Tripoli, he's been on this podcast, and he's, like, notorious for being able to fuck on cocaine.
00:44:43.760
People would pay him to come over when he was on cocaine and fuck somebody they knew.
00:44:48.560
That's amazing, because when I took cocaine, it's like, you know, it's like, fucking holy Christ.
00:44:54.300
But, but, but, and this is true, I'd be, like, four hours, suck, I'm like, keep going, I'm almost there.
00:45:03.140
I was hopeful, always had the, I'm a very half, you know, glass apple, so I die.
00:45:14.540
And it actually did feel good back then when you were on coke, but some season's really sick about that.
00:45:20.280
Oh, well, it's, but that's also what happened, man.
00:45:27.520
Was the cocaine seedy, or was the actions as a result of the cocaine?
00:45:31.020
Oh, dude, the cocaine, I mean, when I was doing cocaine, bro, we weren't even doing anything that good, dude.
00:45:35.920
We probably could have made it ourselves, you know.
00:45:38.960
I had a connection at that from a guy at the airport.
00:45:44.680
At the end, I had like a gigantic bag, like a kilo on my desk.
00:45:48.220
I could have done a fucking, I was like out, I was like out, she would like fucking scoffing.
00:45:53.200
Dude, I used to have dreams I would take my head off, right?
00:45:55.560
Put it in a dryer, like a washing machine, like a dryer.
00:45:59.140
Throw a bunch of cocaine in there and put it on fucking permanent press, dude.
00:46:04.920
I never had that dream and I really want to analyze you when you come on my podcast and
00:46:11.580
But with me, it was like, you know what it was with me?
00:46:13.800
I have an issue with like regulating my obsessions.
00:46:17.720
Once I get started on anything, anything, business, tennis, drug use, cheating, I have
00:46:26.700
I just go for it and I fucking perfect it, bring it to a new level.
00:46:32.440
And my use of, I say, Volvo's Quaaludes was really the defining thing for me in terms
00:46:47.080
Better than you can, they were so good that imagine like, it's like bliss fucking condensed
00:46:53.720
into like a one CC mainline for like, and here's the best part, no hangover afterwards.
00:47:00.920
So you'd be high as a fucking kite and then you'd walk, oh, yeah, come here, come back.
00:47:05.800
So you could like actually do it, like have a high between 7 and 8 a.m., go to the opposite
00:47:12.700
Dude, some guy got so fucking high one time, he was on whatever these shitty pills are now,
00:47:19.140
This dude tied his fucking arms together in a knot, broke both of his arms.
00:47:29.880
Oh, I don't know what he's got, but I'm just saying the pills are different now.
00:47:34.240
At least in your pills, people went to work from 7 to 8 a.m.
00:47:36.540
Yeah, so fentanyl, of course I've done fentanyl, I mean, you know, I've tried everything,
00:47:46.560
Fentanyl, the shit kills you because it's very depressive on your respiration, makes you stop breathing.
00:47:52.080
So I'd have to speak to this guy to analyze how he was able to get that high on fentanyl
00:47:58.840
I could see how he couldn't feel his arms being broken into pretzels, but that's a fucking
00:48:04.040
Yeah, he was kind of an artist before that, so he's always-
00:48:13.280
I'm trying to think of some other things that I really want to think about and talk about.
00:48:20.300
Did you guys, I've always had this crazy fantasy that you guys like did this sex trick where
00:48:25.040
like somebody would like, you'd have a woman who would like be like downstairs with her
00:48:29.560
legs open, right, and somebody would jump off of a balcony or something with an erection
00:48:38.640
I'm just trying to visualize the possibility of success.
00:48:41.740
I'm doing how fat would the woman have to be, how thin would the guy, how long.
00:48:45.280
I never tried it, and you'd have to have a lot of like safety features set up.
00:48:51.160
No, it's interesting because we did try that stuff, like all the things that you saw.
00:48:54.480
It was always like we tried to think it out, okay, like what things do we have to do to
00:49:01.440
Like we don't want people to get hurt or anything.
00:49:03.060
We do want to see insane happenings, like, you know, but it wasn't like the Roman, it
00:49:09.040
We wanted it just to be some maiming, but no death, no permanent, no permanent things,
00:49:13.900
So, but that would be a tough one, and we never really tried that one.
00:49:17.480
But I like, I like to observe it just to see it like someone else do it.
00:49:22.140
You got a lot of young, you know, you see a lot of young trend these days.
00:49:24.300
A lot of young kids would try to become famous.
00:49:27.060
They'll, they'll, they'll, they'll key into this idea of like the movie Jackass, trying
00:49:31.940
So maybe you could share that with some of them and more, so we'll try that, I'm sure.
00:49:36.460
Yeah, everybody's, everybody's at a level now where it's like, can you top this?
00:49:43.720
Do you think we've reached like, kind of like a crescendo in a way?
00:49:49.500
They've been saying that since the 1800s, you know?
00:49:51.520
I think, I got to check the, yeah, I think it was either 1892, 1907 or the, the U.S.
00:49:56.340
patent office said, we're going to close because everything that's been invented has already
00:50:03.080
They thought all inventions had been now been made.
00:50:07.820
Did you ever get roped into like a bad business that you wish you hadn't gotten into?
00:50:14.720
They'd be like, I've failed far more than I've succeeded, you know?
00:50:17.700
And that's most successful people is you always end up in these bad, you don't think
00:50:22.540
They just end up turning bad for whatever reason.
00:50:24.600
And the idea either was flawed from the beginning or your execution was flawed in some way.
00:50:29.600
And, you know, you try to pivot as quickly as you can, as often as you can.
00:50:32.780
And sometimes you just can't, you're just going to shut it down.
00:50:35.080
And what's like a shit, what's like a shit thing you got involved in?
00:50:37.980
What's like one of the worst things you ever got involved in?
00:50:39.640
Worst thing I ever got involved in was a chain of dollar stores.
00:50:43.600
Back in the craze in the 90s, everything for dollar stores, right?
00:50:51.240
I was like half in, I was like, not really, my head wasn't really in the game, you know?
00:50:55.180
And so I was like, oh, I got this great deal for you.
00:50:56.940
It's a, these dollar stores are about, they're a little bank, they just need a few million
00:51:01.620
There's 54 stores, they're public, you could take over the float of the stock.
00:51:05.640
I was like, and it came for a pretty reputable source.
00:51:07.540
I was like, ah, fuck, I'm a three dollar, I'll do it.
00:51:11.720
Probably cost me $20 million and a lot of aggravation.
00:51:15.040
At what point do you realize that like an investment is just an aggravation?
00:51:18.860
And at some point you just need to cut your losses and find a way to get out of something.
00:51:22.380
Like I've even noticed, like I've invested in like, like, you know, like bought into a building
00:51:29.520
And at a certain point I'm spending half of every day just arguing.
00:51:31.900
And at some point the stress that it's taken on me is just erroneous, you know?
00:51:36.620
So at some points I'm realizing like, I'm going to lose, you know, I'm going to lose
00:51:40.580
my entire investment and probably double what I've invested.
00:51:43.140
But at some point I just have to get out of this and cut my losses.
00:51:45.720
Yeah, I think that typically in those situations the biggest loss is not even money.
00:51:50.980
It's the time and the aggravation that stops you from doing something else.
00:51:55.380
So, you know, very often people, we all go into businesses, those who are entrepreneurial
00:52:00.360
and we try something that seems like a real winner on paper.
00:52:04.400
But there's something about the dynamics, the way it plays out in the real world where
00:52:13.440
There's something with the market or the marketing, something happens, right?
00:52:17.520
And then you add this fork in the road where you could say, you know, am I going to cut
00:52:21.800
my losses and move on or am I going to keep trying to make it work?
00:52:25.780
And that's really the ultimate question for an entrepreneur, right?
00:52:28.660
And, you know, for me it's, you know, I have a certain sort of discipline of like, yeah,
00:52:31.880
I'll give it, I'll do three or four pivots over six months.
00:52:34.740
I'll set my losses at a certain amount, but, but, and also just some of it's feeling, you
00:52:43.920
But what I see a lot is, and what really hurts people is they get emotionally attached to
00:52:50.340
So when any other rational person would say, dude, just shut the fucking thing down because
00:52:55.840
you're wasting so much time, it's aggravating you so much.
00:52:58.520
If you just directed this much energy to a different idea, you'd already be rich.
00:53:03.000
So that's what you have to be really more careful than an exact formula.
00:53:07.020
There's no exact formula to pinpoint that moment, but you know, it's, it's, again, if you keep
00:53:12.040
trying to pivot, change your approach and it's just not working, it's like six months, you
00:53:17.300
Do you think since you expressed also that you like have the ability to feel kind of like
00:53:21.080
gullible sometimes, you know, do you think that if you feel like you got kind of tricked
00:53:26.820
or convinced into something that didn't pan out, um, do you feel anger at the person or
00:53:36.220
Or do you just feel like, oh, I should have known better.
00:53:41.320
Um, at this point in my life, I'm not getting tricked into anything, right?
00:53:45.760
In other words, if I'm getting, if it turns out that it didn't work, it's not because it
00:53:53.080
I'll see through a bad idea really quickly, but I could be wrong as well.
00:53:58.760
I just like thought it looked good, but it's not like someone's going to pull the wool over
00:54:02.820
Um, I'm a little bit older and wise than I, than I once was.
00:54:05.940
And I, I'd like to think at least that I'm not saying I'll be right, but I don't think
00:54:10.700
it's like someone's going to just trick me that that's not, I'll take a pretty tough,
00:54:15.460
I'm just thinking like, if so, if you were like able to like, you know, back in the day,
00:54:18.620
whenever you guys were, um, you know, when you had your, uh, firm brokerage, yeah.
00:54:24.380
When you guys were selling stuff to people, do you, if you are also like a gullible person,
00:54:28.520
did you ever think like, man, these people are more gullible than me or I can, did it
00:54:34.540
It's just that, you know, we call really wealthy people and you know, it was really
00:54:41.740
It was another place they were throwing their money at.
00:54:44.240
Like it wasn't, you guys weren't calling like a lot of moms and moms, none, zero, none.
00:54:50.560
Why, why would we, we, you know, we were only talking ultra wealthy people in that money.
00:54:55.420
So, um, so I, and I said that like, not cause I'm saying like, it wasn't because we
00:54:59.160
It was just like, why would you like, it was, it was, the ethics was built into the system.
00:55:02.840
Like don't call anyone that's not totally rich because they're not going to be able to
00:55:13.020
It was more about like, you know, you're, I was in awe how people would simply trust
00:55:19.580
to send millions of dollars in over the telephone without ever meeting their broker.
00:55:34.340
You could then get off the phone and log in to watch it in the newspaper the next day
00:55:38.260
So they had this shit called cuffing quotes where you'd actually the guy, Hey, where's my
00:55:44.520
People would like, Oh, there was no way to check.
00:55:50.840
So there was much more, there was much more of an art to selling back in the day.
00:55:53.720
Like these people now, they're, I mean, they're doing it.
00:55:56.420
This is easy to do with the computers and everything.
00:55:59.560
Well, I wouldn't say it's easier, but what's happened.
00:56:04.820
Well, well, the point is what's happened is you sell a lot now through email.
00:56:11.540
So what happens is you can, you use other mediums to deliver the same message.
00:56:15.520
And what happens when you're delivering on video, you're playing both sides of the back
00:56:20.220
and forth and you have these little loops you're putting in your video.
00:56:22.920
So the same situation, the same rules apply right now.
00:56:26.600
It just to me makes it easier today than it once was.
00:56:30.060
The same rules apply and a great salesperson will still always reign supreme.
00:56:34.040
And at the end of the day, when it comes down to it, if you really want to get someone
00:56:37.540
to spend more than a thousand or so, you got to speak to them on the phone.
00:56:40.360
So there's a limit to what, at least today, what people will send you over the internet.
00:56:43.840
What do you, when you think, when you look at guys like these guys, Gary Vaynerchuk and
00:56:47.720
Zita, what's that guy who reads the book a day?
00:56:53.280
These, these, these guys, are these guys monkeys?
00:57:04.880
I respect Tai because he started off probably not, but he fucking skilled himself up.
00:57:12.780
Like if they, what makes someone a scumbag is when they start off putting themselves out
00:57:19.820
But you got to really give someone credit to that.
00:57:22.140
But if they're going to not then skill themselves up and become the real deal.
00:57:28.740
Whether he reads a book or then, I don't really know.
00:57:33.460
But he surrounded himself with people like Alex Mayer, brilliant NASA scientist.
00:57:46.280
But though you named two legit ones, it's like a million illegit ones.
00:57:49.720
You know, I mean more than you could fucking count.
00:57:52.020
I don't even know some of the ones that are out there.
00:57:53.360
Nick, do you know any of those guys that are out there?
00:58:00.060
And this actually came from a UFC veteran, Alan Belcher.
00:58:06.960
Maybe say you were going to fight Grant Cardone.
00:58:16.400
Well, I think Grant has done a really good job because somehow he's managed to create a
00:58:21.360
controversy between me and him when none exists.
00:58:27.260
Listen, so I, up until about a year ago, I was completely disengaged from my brand.
00:58:32.740
I was working at one company, a major company that had retained all my services, right?
00:58:37.120
So it's kind of disconnected from the whole training and everything in it, right?
00:58:40.280
And then over this time, I guess Grant was building up his business.
00:58:43.840
And then when I got back into it, my son works.
00:58:46.180
My son's very much into social media and he really manages that.
00:58:48.820
So Grant posted some video like sort of trash talking me.
00:58:56.500
So my son then posted something that allegedly was from me saying, dude, blah.
00:59:01.080
And when he did that, Grant, all his people were like, dude, I don't know why you're saying
00:59:04.680
that because I've been through his system and it's better than yours.
00:59:16.400
So when you're in the top, people always say shit about you, right?
00:59:19.380
But then my son made some comment, like some really funny comment back because my son's a
00:59:25.040
You know, he's really, he's really sharp like that.
00:59:27.020
And then it was like, it was like, ooh, you know, but it was like, I said, the funny thing
00:59:29.920
is if Grant really is taking it seriously, he doesn't know he's fighting with a 21 year
00:59:36.720
He probably said it for his own reasons at the moment, trying to do whatever he was trying
00:59:51.020
But if you had to fight him though, how are you going to sell that fight?
00:59:53.280
Well, I said he did a good, he created controversy like we actually hate each other.
00:59:56.320
I'd play up the fact that there's just tremendous fucking hatred and one of us is not leaving
01:00:02.060
Someone's going to call the fucking ambulance, call the fucking national fucking Don because
01:00:07.800
I promise you, I am fucking training for this shit.
01:00:10.120
With my last fucking dying breath, you are not leaving this fucking ring alive.
01:00:16.060
And he'd be like, yeah, you're already fucking dead.
01:00:24.140
Do you, is there, you know, they have this fight out there that Tom Cruise and Justin Bieber
01:00:32.080
So Justin Bieber said that Tom Cruise would kick his ass, right?
01:00:34.780
Which I'm sure is true, but I think Justin Bieber is pretty cool, by the way.
01:00:40.220
No, I think he, I think he, yeah, I think he seems like a neat, he seems like a, like
01:00:46.480
Dude, plus, you know, Tom Cruise is a Scientologist, right?
01:00:51.100
They're fucking, they're fucking, like, I might, if I, this, I might just die, I might just disappear
01:00:55.240
or something if it like, if it went the wrong way, that fight.
01:01:03.440
But what if Tom Cruise and Justin Bieber fought him, man?
01:01:10.460
Oh, I think Bieber, I think Bieber could, I think Justin could take him, probably.
01:01:15.640
Because Justin has that, I mean, you got to think if he's, what, 25 years old?
01:01:19.720
I know, but as Justin said, he's got that dad strength.
01:01:23.220
That's what Justin's, and then also, he does all his own stunts.
01:01:33.940
When these guys train for the fucking shit, when they, like, where they could do all this,
01:01:38.120
Are they just doing it for two weeks and then who knows?
01:01:40.880
No, but like, I bet you some of them become proficient at it.
01:01:44.300
Because you capped it, they train, they'll put you with like a top Navy SEAL or a guy with
01:01:49.220
So it's not like, you know, when you go in and in that situation, it's not going to be where
01:01:54.620
And if you're the sort of person that just, hey, I like that shit, I'm going to actually keep
01:01:57.800
I bet, you know, a lot of those guys ended up becoming experts.
01:02:01.060
Well, I just wonder how long that training is, how proficient people are in it, you
01:02:04.820
I know in some cases it's fucking long and very proficient.
01:02:07.560
I think like, for instance, I'll give you an example.
01:02:08.900
Like, I read an article recently about, in Saving Private Ryan, Steven Spielberg made
01:02:14.160
every actor go through fucking boot camp, like the most hard, disgusting, freezing cold, hellish
01:02:22.120
And every actor, including Vin Diesel himself, said, I, they all made a petition that, fuck
01:02:28.620
Except for one actor who said, you pussies, you stay.
01:02:33.920
And they were like, fuck, if Tom Hanks, the fucking number one great, great actor, we
01:02:42.800
And they all said it was the best experience of their life.
01:02:45.300
I always respected Tom Hanks a lot after that one.
01:02:48.620
Do you think, like, having spent time in Hollywood and stuff now, do you find that, do you think
01:02:52.300
Hollywood is like the biggest shit salesman of them all?
01:02:56.380
Just like, I mean, they just use, I mean, it's just, it's so unreal a lot of times.
01:03:03.540
I think when Hollywood gets it right, they really get it right.
01:03:06.020
And I think when they get it wrong, they really get it wrong.
01:03:08.060
And I think that they're also in a situation where there's such a voracious appetite for content
01:03:13.880
that by default, you're going to be really wrong a lot.
01:03:16.520
Because you end up with this lowest common denominator of content.
01:03:21.500
It almost becomes, like, how much shit can we throw against the wall to get a hit?
01:03:26.040
And I think that, and that's almost like when Netflix, they'll invest in a lot of stuff
01:03:29.120
and then just, you know, one thing, bam, then we'll keep, you know, that's why they have
01:03:32.580
one season of pilots or one season and they'll do a short thing.
01:03:37.600
But I don't think there's anything fundamental.
01:03:39.000
I don't think, listen, I don't think Hollywood attracts the smartest people.
01:03:43.300
In other words, I think they attract the most creative people.
01:03:48.780
But I don't think it's necessarily the smartest people and the greatest salespeople.
01:03:53.420
The great companies, the sustainable, they will bring in, people will grade at that and
01:03:57.840
make sure they don't put the wrong guy running the studio.
01:04:02.300
Like this guy, Kevin Feige from, you're running the whole Marvel.
01:04:09.080
Because you could not have that level of success and not be a genius at what you're doing.
01:04:13.040
Do you think that in looking back and meeting different like CEOs and people that are running
01:04:16.820
different groups or the people that are successful, at a certain point, there's, you know, it's
01:04:26.980
I don't think it's ever luck for sustainable situations.
01:04:31.000
Anyone can get lucky for a short period of time.
01:04:32.660
So when it's sustainable, I just did a, you know, Logan Paul kid, right?
01:04:42.200
And when you really talk to him, okay, you'll see the strategy.
01:04:46.780
So yeah, anyone could go on and do a couple of backflips and crazy shit.
01:04:50.380
But when you really sit down and talk to people who are really killing it, it's very like,
01:04:57.960
How could you not be and stay on, stay relevant for that long?
01:05:01.340
Anyone could get it once, but sustainable, you got to be smart.
01:05:14.320
Were there any, like, fallacies in the movie that you wish wouldn't have made it in there?
01:05:18.780
Or on the flip side, if you want to go the other direction, is there anything that you
01:05:22.380
guys might have got into in real life that couldn't make it into the movie because of,
01:05:28.140
So on the first one, there was a couple of things in there, obviously, right?
01:05:33.420
Like that, you know, there's a scene where I punched my wife in the stomach and never,
01:05:38.200
I never lifted a hand to my wife like that in one violence.
01:05:42.500
Yeah, no, so yeah, we had one, my last, I got sober, we were on the stairs and I kicked
01:05:45.960
out while she was trying to stop me from, like, killing myself.
01:05:50.420
But it wasn't like I turned around and went, walk.
01:05:54.140
So in fact, when we took, I'm not saying the first one was good, but it's not the
01:05:58.580
And when the movie came out, we, my ex-wife, we and I, we took our kids together to see
01:06:02.400
the film and we said, listen, this is not true.
01:06:06.720
So we just told our kids what was there, you know, what was true, what was not true.
01:06:09.860
That was one thing that viscerally bothered me because I would never do that.
01:06:13.380
Um, I think that the biggest thing that happened there that was untrue, that was problematic
01:06:20.460
for me in terms of like the message it sent, there's two things.
01:06:23.860
One was that there's a scene when I walk into that little firm and it's like a dilapidated
01:06:29.040
hole in the wall and, and there's obviously something wrong there.
01:06:32.980
And Leo, as me, looks at the match goes, is this, is this legal?
01:06:36.840
And the guy goes, well, you know, you think that's not what they said to me.
01:06:44.040
I mean, if someone had said to me, well, I'd run out the door.
01:06:47.040
And I think the reason that bothers me is because I think it's important that people understand
01:06:50.420
that today for kids that are just going out into the workforce, just because a company
01:06:55.960
is operating somewhere doesn't mean it's legal.
01:06:59.180
In other words, there's all these companies out there, small amount, but many out there
01:07:03.360
that are totally doing the wrong thing, ripping people off.
01:07:06.240
And they'll say to you, oh yeah, it's totally dirty people.
01:07:08.500
You got to, you got to use your own fucking gut and say that something doesn't add up
01:07:13.940
But it wasn't like someone just said to me like, you know, oh yeah, it's, it's perfect.
01:07:18.060
They were like, they said it was like perfect, not like, you know, well, you know, I'd run
01:07:23.040
Another thing was, um, you know, the way it was like that I walked in, like I was a
01:07:29.200
And then the next scene I'm snorting coconut strip club.
01:07:34.540
You know, this time collapsed, but I think it would have been even better to show my
01:07:39.220
So those are some of the things, you know, do you miss, uh, like strippers and stuff
01:07:43.460
like that or that type of environment or do you feel like you probably got all of it?
01:07:49.840
I mean, I got my fill and, uh, my life is so much better now.
01:07:58.180
Well, you know, it was one, I would say the greatest.
01:08:00.020
There's one stripper I tried to marry after, like when, as I was overdosing and I went
01:08:04.540
down to Florida and I was right before they put me in the loop.
01:08:15.780
And, and I, I didn't even know this, but I, I actually put her on the phone with my mother.
01:08:30.200
So she was analyzing my pages and she's like, honey, you forgot about Blaze who you put on.
01:08:38.260
Now then once I remembered, then I started to remember.
01:08:40.100
And what is it like, what kind of, what, what kind of woman really gets you, you think?
01:08:43.520
Do you think what kind of woman is really your type of woman?
01:09:01.060
No, but I was like almost thrown off the field a bunch of times for like, fucking goalie's
01:09:07.040
My son was a good soccer player and some of the parents are the worst, we're the worst
01:09:12.920
They make that in the movies, it looks like it's just bad on the field.
01:09:15.760
Did you start to look forward more to being a parent on the side of like, it's also.
01:09:18.500
It was my favorite thing in the world to watch my kids play soccer.
01:09:28.740
And, and half of the other parents were just as bad.
01:09:31.380
But me with my New York accent, it's like, it was just really, and my ex-wife was just
01:09:35.360
as bad, you know, get my titty twister, get my titty, it got really vicious and soccer
01:09:42.720
Soccer is the most vicious sport for parents because it's fast moving.
01:09:46.380
There's no fucking, it's, it's, I've seen parents, I shit you not, I've watched a father,
01:09:54.240
okay, tackle a girl that was running, a five-year-old girl about to score, running out and tackling
01:09:59.940
the girl and getting the, taking away in handcuffs.
01:10:02.320
So he ran, because his daughter was the goalie and this one superstar was like five or six
01:10:15.640
Real quickly, how old are your kids now and what are they doing?
01:10:21.520
Just graduated grad school and NYU grad school.
01:10:25.380
She's getting a master's and, but she's taught to practice psychology now in the city,
01:10:31.740
She graduated like top of her class, 3.9 average.
01:10:41.840
He's a poet and he's going to be more famous than I ever was.
01:10:49.980
Bowen runs like my, he runs a lot of my business and he's an amazing businessman.
01:11:21.940
Have you, she had boyfriends that you weren't into?
01:11:26.080
He was just, he was a bit, my daughter's beautiful.
01:11:38.820
And she had one guy that just was a little bit too self-important for my, but she's always
01:11:44.860
Do you think that ever, anybody ever dated your children to try to get close to you, to
01:11:49.900
You know, I think my, um, my, my kids, my, I have them.
01:11:54.300
My boys probably use it to their advantage when they can.
01:11:56.760
My daughter was never in short supply of guys that wanted to date her.
01:12:04.720
She's, well, she, I think she had some issues for a very short time.
01:12:08.100
And I think she had a couple of times where she made the mistake of actually, cause the
01:12:13.100
She, maybe she went out on a date with someone that turned out to just was like, oh, she was
01:12:16.740
a conquest cause she was my daughter or something like that, you know, but she learned pretty
01:12:21.320
Oh, let's take this question from this young man or woman.
01:12:29.180
If both of you were in your prime Coke consumption days, how long would an ounce of Coke last if
01:12:40.520
I don't know how much an ounce is, dude, but I can't.
01:12:52.480
It's like a, it's like all those plastic baggies like this much in a plastic baggie.
01:13:12.180
I would probably, if I was really enjoying myself or it was like kind of a festive time
01:13:17.000
of year, I would say maybe, I don't know, probably two days maybe.
01:13:39.480
I just have a, I have a lot of space in my nose for coke.
01:13:47.140
Bro, the craziest part about doing coke was just like.
01:13:55.160
It made me, I would just kind of touch myself and look at the internet.
01:14:01.700
No one could get an erection except you have one man.
01:14:05.740
Oh, bro, he used to get paid to travel around town on coke and fuck people.
01:14:08.540
I can imagine because it's an amazing thing, by the way.
01:14:12.500
This guy, he should be studied by fucking scientists when he just cut open his penis
01:14:16.140
and his fucking blood system down there and figure out what the fuck is wrong with it,
01:14:20.120
Did you ever tie anything to the sides of your wiener whenever you were high to try and
01:14:29.300
Well, I mean, I just think because when you're high, if you're actually.
01:14:31.440
Yeah, but why not do it when you're straight too?
01:14:32.800
Well, yeah, because then you're going to be able to keep your wiener up.
01:14:38.820
And anyone who denies being a sick fuck, I think you're full of shit.
01:14:41.880
Human beings are depraved animals, especially human males, okay?
01:14:45.560
I'm just bold enough to admit I'm a depraved animal, okay?
01:14:50.700
Just off cocaine, I would never, ever cheat on my wife.
01:14:57.480
I wouldn't say, I won't do it because it makes me.
01:14:59.880
On the plan, it makes me a depraved fucking lunatic, you know?
01:15:09.900
Yeah, you know, something's the best left unsaid because, I mean, you know, I mean,
01:15:13.960
listen, you know, I have the benefit of having a movie that's basically desensitized the world.
01:15:22.380
But even still, there were some things, and one of the questions they did leave out of
01:15:27.060
The level of depravity was just so extreme that, you know, I think people were still missing
01:15:33.160
And they had a lot more bush and stuff back then, too, didn't they?
01:15:40.060
I don't think, I don't like the whole, you know, shave completely thing.
01:15:43.280
I feel like I'm, like, robbing the cradle or something.
01:15:50.040
Do you, do you see guys out there today, do you get jealous of, like, kind of the younger
01:15:55.540
generation, like, when it comes to, like, dating and their opportunities for, like, dating
01:16:01.640
I think it's a mixed, on some level, I can imagine, like, fuck, all this shit online.
01:16:06.980
But, you know, it kind of sucks that you can't go to a bar anymore.
01:16:09.360
My friend, everyone's scared to get, like, in trouble or Me Too'd or, that's fucked up.
01:16:13.840
You know, I mean, like, I've had, my son's friends, like, he got Me Too'd.
01:16:17.960
He almost lost, he almost got thrown out of, uh, out of, um, Stanford for that, for a girl.
01:16:23.480
And, and thankfully he got, you know, it got righted.
01:16:27.620
They can't, you can't, like, used to be the best place to meet a girl was in the workplace.
01:16:39.620
She's, she's the most beautiful two-year-old you ever met, right?
01:16:49.320
Would you let me take her on a date if you passed away?
01:16:55.600
That's all I'd want for her is if I passed away, okay?
01:16:57.500
But I don't think she would because she's, she's not, she's very, she's like an indoor
01:17:02.840
She's not, she's the sort of person that she likes to be alone more than be with other
01:17:06.860
Well, she knows, for example, you would be, you have to remarry because you just can't
01:17:11.340
I don't know if that's true, but it's partially true.
01:17:14.700
I mean, I won't, I won't even try to talk to her.
01:17:20.080
But hopefully, no, but if I pass, are you married?
01:17:32.700
I just haven't really tried to get the kid yet.
01:17:36.220
I just, you know, just have a lot of work to do still.
01:17:39.200
I feel like, I still feel a little bit unsettled, maybe.
01:17:47.220
Sometimes I feel, I can feel a kid in the back of my nuts.
01:18:05.760
Young P says, what did friends and family that you know more personally have to say about the movie?
01:18:10.380
Did they think Leo did it justice, or was he off?
01:18:13.980
Oh, people generally love the movie and the portrayal.
01:18:17.860
So, yeah, I would find, you know, some people, oh, you were even better on this because they probably want to ingratiate themselves.
01:18:28.140
Do people then think you were in other movies, too?
01:18:37.380
Yeah, does he think, like, are they sometimes like, oh, wow, I saw you in that movie where you get busted for the airline?
01:18:57.700
And I get into a cab, and there's a woman, the woman in the cab, she's a lady.
01:19:03.940
She's got to be, you know, late 50s, and she's wearing, like, a sleeveless muumuu type, and she's got the extra speed bag on the back of arms.
01:19:12.300
That sort of, like, doesn't look to really have her shit together in that deeper level.
01:19:16.860
Like, she's probably on the, on, like, you know, I would say on the frickin' Stanford Binet IQ test, she probably was scoring just over 65.
01:19:26.500
Until, about three minutes into the trip, she turns, she looks at me, she goes, are you famous or something?
01:19:39.460
And my son goes, and he's like, oh, she was in a movie, The Wolf Fall.
01:19:43.900
And, and she, finally, I said, no, Leo DiCaprio, 20 minutes later, she goes, the wolf of who?
01:20:02.120
I could, we all, it was the three of us, we walked up, was that, did that just happen?
01:20:06.280
Like, we couldn't quite, can I have your phone number?
01:20:10.700
I'm like, yeah, it's 1-800-Dial-A-Joke, you know?
01:20:12.140
And she was sweet about it, but it was, like, really odd.
01:20:15.760
It was, like, she couldn't quite put together the whole thing that I wrote a book that became
01:20:21.580
a movie, and the most famous movie star chose to play this thing.
01:20:29.840
You know, I think that I, I appreciate my fans more than anybody.
01:20:35.340
So, I can't understand how you could possibly be famous, be outdoors, and someone asks you
01:20:44.540
I can't understand how you could, I would take a picture with anyone, because without
01:20:52.180
And, no matter how often, no matter how shitty I feel, even if in a rush, you know, walk with
01:20:57.620
I never refuse anyone a picture, because I think it's fucked up.
01:21:02.620
It's like, without the people to love you, or to respect you, you're nothing.
01:21:09.440
Everyone knows, everyone knows it's me, like the wolf, it's a very clear, like, association
01:21:16.980
Do you feel like you're famous for being a crook ever?
01:21:23.520
I think that in my, in my earlier days, like, if someone had asked me that question, well,
01:21:29.980
you probably have no agenda for asking that to me.
01:21:32.180
You really want to know how I feel inside, right?
01:21:34.280
It would be easy for me in the early days of this journey to feel, to have someone say
01:21:41.020
I'm like, fuck, people think I'm a crook, right?
01:21:48.240
The answer is, probably some people do, and I feel bad for those people, because it's
01:21:56.300
It's like so much more complex, and that's really just, really not even giving Scorsese-ly,
01:22:02.160
or life itself, a good enough look about what really happened.
01:22:09.180
Listen, everything in life is just, it is what it is, and the meaning that we apply to
01:22:15.600
something gives us our beliefs about that situation.
01:22:18.660
If you're that fucking myopic, that's your, good luck going through life, because that's
01:22:24.040
probably your view on everything, that it's all black and white.
01:22:26.780
Do you feel like you robbed from the, do you ever feel like if you robbed from the rich
01:22:32.100
and gave it to the poor, do you ever feel like that?
01:22:35.240
I never, I never was, I never was deluded to think that it was right.
01:22:40.100
I clearly had 1,000% justified that they're rich, so it's okay.
01:22:51.240
Yeah, you do, but it's not, it's not right, but, but you certainly, it's certainly, but
01:22:54.340
by the way, again, there's no absolute right or wrong.
01:22:57.120
On the scale of wrongness, taking a poor person's last dollars is like the worst fucking crime
01:23:04.440
A guy who's worth 50 million and he loses 200 grand, that guy's going to recover and probably
01:23:13.440
And that's, and I, and I hung on that rules, I hung on that rationalization for all it's
01:23:17.440
worth to keep living my life while I was doing it.
01:23:20.240
Well, I'm sure at some point you probably couldn't stop, huh?
01:23:23.740
Well, yes, but not for the reasons you might think.
01:23:26.240
There was at a certain point, you almost, you, not that you lose sense of right and wrong,
01:23:31.860
but your line of morality moves so profoundly, like the things that you would once think were
01:23:39.920
And then you're like, feel like it was many times I felt like almost I was on this ship
01:23:44.220
that had sailed and I was like a passenger in a journey in my own life and no longer
01:23:52.320
Do you ever throw like a bunch of money off a mountain or anything like that?
01:23:55.720
I've, I've probably launched 10,000 on one July 4th, we took a stack of hundreds of 10,000
01:24:01.160
and launched it into the ocean on bottle rockets to celebrate July 4th.
01:24:07.160
I just for no fucking reason launched money into the ocean.
01:24:16.400
Look, I'm gonna keep the faucet running around here.
01:24:26.220
Everything I had, I gave back and started again.
01:24:29.660
Were you worried at some point or did you always feel even like at that point, like at a
01:24:33.740
certain point, do you realize I have this gift?
01:24:37.560
I always knew that, but it doesn't mean I didn't worry.
01:24:42.180
My, part of my strategy for success is worrying.
01:24:48.160
So I wish I wasn't, but that's how I motivate myself and make sure I always get myself to
01:24:58.500
And that's part of being successful and being an adult.
01:25:04.460
I don't, I don't think it's about that anymore.
01:25:06.600
It's much as about, I'm building a business and a legacy.
01:25:09.080
And I employ a lot of great young kids who are really psyched about what we're doing.
01:25:13.700
The one thing that this, my business rep, I'm about 35, 40 employees and growing fast,
01:25:18.860
I'll probably have a hundred by year's end, right?
01:25:20.620
And the one common denominator is every single person in that company knows that every person
01:25:31.040
There's not, it's never about, let's get, it's all about giving value.
01:25:35.960
If you go to my wall, like the people who invest in my programs, I mean, they'll, they're like,
01:25:44.520
I probably made a mistake with that in retrospect.
01:25:46.480
It was a little too cheap because there is a natural sweet spot, which is fair for all sides.
01:25:50.480
But the, the journey that we're on is, is about giving massive value and making money
01:25:59.400
Do you ever think there'll be another movie made about you that kind of shows the back
01:26:04.320
Oh, you know, there was two movies made about me.
01:26:07.460
So it was Boiler Room was based on my, on my firm, which is a loosely made and the Wolf
01:26:12.440
You know, I, I couldn't imagine because I think my life is boring right now, relatively.
01:26:18.000
And people would say, you do, you live a life that's so courageous.
01:26:21.340
Things seem to, I'm one of those people, things seem to happen to me.
01:26:24.240
Like, whatever I, like I wrote a book, it becomes a fuck, like, what the fuck?
01:26:27.460
And everyone, when I, let's just say that when it came out that Leo, everyone's like,
01:26:45.260
And I think I have a lot, I think I have a lot to offer the world.
01:26:50.020
And I think that, I think I got it figured out.
01:26:53.160
I think my values right now are really perfectly aligned to make a lot of money as a result of
01:27:03.100
And I, and I think that's congruent with who I am.
01:27:05.020
And I think that there's people that work for me right now.
01:27:07.840
My son being one of my, I have many great staff members that are like partners in the
01:27:13.940
I have a feeling they're going to push this far more than I ever would.
01:27:17.580
And I'll be more of a figurehead on their journey and doing what they need me to do.
01:27:27.120
But yeah, but I think that this is about the company's far beyond.
01:27:30.660
And my greatest hope is that people in there rise up and replace me.
01:27:35.240
And I'm just, you know, he's, I'm the guy they push out in a wheelchair.
01:27:59.820
Like drugs, like a privilege, you know, people can do it and responsibly and have fun.
01:28:04.800
But once you lose, once you cross over, you lose that ability.
01:28:17.980
Dude, one of my buddies would put on a diaper and go on the dance floor cause he would shit
01:28:22.900
And it doesn't seem like that irrational to me.
01:28:25.420
It makes, I think it's a prophylactic measure that makes good common sense.
01:28:31.340
It's better than shitting on the floor and fucking everyone else's night.
01:28:38.820
Any more questions on here that we want to go through?
01:28:49.000
I would love to hear you on his because he could pull some stories out of you.
01:28:52.620
Oh yeah, let's, I want to, let's come on my podcast.
01:28:54.560
When can, yeah, I'd love to have you on my podcast.
01:28:57.120
Come down like next week or something and we'll, we'll, we'll just be crazy.
01:29:01.300
Uh, yeah, I'll think of some good stories I haven't shared before.
01:29:05.120
I'm in like, you know, Manhattan, Hermosa Beach.
01:29:09.360
I got about, about 50, 45 people working for me right now.
01:29:19.000
The most awesome people, all millennials, people don't think millennials work hard?
01:29:35.460
I have one girl, you know, two, I have a two, a duo, Rachel and Mia, you know, Rachel's
01:29:40.260
like fucking a brainiac and she's like fucking smart, loving it.
01:29:45.360
I'm like, Mia, you have to, cause she's headed like a whole department.
01:29:52.100
Now, do you notice, okay, having these young millennials, these, these, these millennial
01:29:56.000
girls and stuff working for you, do you notice a difference between them and women that were
01:30:03.080
You know, I grew up, my mother was a professional in the fifties, like in the mad men era.
01:30:09.740
She was going down into the city and was like Peggy on steroids, my mother.
01:30:14.740
But she just didn't believe in making money cause she didn't know how to sell.
01:30:17.120
She was a CPA and she has an IQ off the strategy.
01:30:21.500
My mother was the oldest woman to pass the bar in New York state.
01:30:24.140
Um, so I, it never, I would never ever look at a woman as being anything less than the
01:30:32.480
Um, but I had a woman brokers at Stratton, but I think that, I think that just like, you
01:30:38.280
know, the women, the young girls I have and the guys that are amazing too, right?
01:30:43.980
Um, to me, I find that when you have a sharp girl, I think the female mind in some level
01:30:55.900
Just because of the way, the why, like hunter-gatherers versus killers, right?
01:31:02.400
And it's, of course, this is just a big mash mash.
01:31:13.860
Like they, they, they both came in at low levels and I, I rose them up like, you're in
01:31:18.320
charge of this shit, you know, because they're just great.
01:31:20.240
And my son is the spiritual leader of the mall.
01:31:29.080
Um, do you like, to me, one of the scariest businesses these days seems to be the news,
01:31:45.360
It used to seem like they cared about our wellbeing.
01:31:47.280
Like it was some general care for our wellbeing.
01:31:52.440
You can go, I can go on for hours about this, but I mean, number one, the days of like Walter
01:32:04.160
I mean like the Satan shit that like that, if you're going to, my prom is not what they
01:32:09.160
Just say that you're not a new, you're an opinion journalist.
01:32:11.740
And then, Hey dude, like Rachel Maddow, you're Rachel Maddow.
01:32:18.140
And you can say, you can say whatever you want because everyone knows that you're an opinion
01:32:28.700
But when you, or Tucker calls him, if you're going to go out there and pretend you're like
01:32:32.760
Don Lemon, whoever's name is on CNN, saying you're, that's not a journalist.
01:32:41.220
Cause you know, I'm not saying he's even right or wrong.
01:32:44.220
It's not nothing to do with that, but you're not a journalist.
01:32:58.660
Mostly because I, and I strongly believe in this economic policy and it turned out to be right
01:33:08.700
I think shockingly, he, I think he's really liberal too.
01:33:12.720
I think, yeah, I don't think he does a good job of explaining himself.
01:33:18.220
If the guy discovered cancer, they'd say he discovered cancer.
01:33:21.540
And let me just say, cause he's going to control all of us now that he's discovered.
01:33:31.740
He's Donald's no better or worse than any other politician.
01:33:34.220
Or he's probably better because he, at least he fucking says that she says shit.
01:33:38.180
And I was like, what the thing is, one of the reasons why he got elected is because
01:33:43.160
Like a lot of people were like, oh, I know this guy's kind of a guy who doesn't pay his
01:33:49.700
But other people are like, I don't know who that person is.
01:33:52.000
There's some script that's been going on for hundreds of years.
01:33:55.280
The best thing he's ever said was like when the Democrats were bashing him publicly while
01:34:00.360
He goes, could you just lie so I can negotiate more effectively with China?
01:34:04.620
Like, do you realize how stupid you're hurting the country by saying all this shit out loud
01:34:13.260
It's really not going to matter for you or I because they'll kick this can down the road
01:34:18.780
But sometime, I don't know what the fuck is going to happen with a deficit because things
01:34:24.380
are just, you can't run a deficit like this forever.
01:34:29.820
And I wish, and I think I'm a pretty smart guy when it comes to economics and financials.
01:34:35.040
I can't, the only, listen, the obvious answer is to grow our way at, to become so successful
01:34:40.320
economically that by lowering taxes, you become so successful that the tax base gets so massive
01:34:48.060
I just don't see how that happens mathematically unless the currency we have got devalued so
01:34:52.880
the dollar becomes cheaper or some currency reset, which tends to be a global disaster because
01:34:59.800
So, you know, it used to be a country could devalue their currency to sort of obviously
01:35:03.660
can't do that as the U.S. because you're the global, you're the currency.
01:35:07.520
And if there was a reset, there would be ramifications all over the place.
01:35:12.420
And I don't know if anyone really does know this, but it's a scary thing, you know?
01:35:15.380
Yeah, it's almost like traveling in outer space, really.
01:35:18.420
And the fact that, you know, that he stands up to China, I love China.
01:35:29.880
But they're economic warriors and you got to respect them.
01:35:34.240
I said, you die in China, they make a soup out of you, they sell it to a couple people
01:35:40.720
They love you, they're happy you're there, but that's it.
01:35:44.560
It's very tough to compete with that because, you know, they need to move, there's like 10,000
01:35:51.460
people, they need to build an electric dam, plow the fucking place.
01:36:01.500
Dude, you have to come on my podcast because we're on the list.
01:36:02.860
A lot of red tape, a lot of red, white, and blue, a lot of red tape, man.
01:36:40.840
On the runaway train with a heavy load of my hand
01:37:03.600
A podcast where I'll be sharing thoughts on things like current events
01:37:16.040
And as always, I'll be joined by the voices in my head
01:37:59.120
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