25% Of My Portfolio Is One Overvalued Stock, Here's Why

Date
Duration
58 min
there's something insane going on in the world right now this is black mirror right this is like amazon prime original new series about how tech like you know takes out the world and then the world and never the same again i feel like i could rule the world i know i could be what i want to put at all in in like a days off on a goal less travel you know who how he is the man who up until the new york times article i thought was the guy who created bitcoin but he's dead so may you know it he may have been in satoshi na out the guy who created bitcoin but if you even if he wasn't he was definitely the first person to ever receive bitcoin from the creator of bitcoin and he's a og g crypto photographer etcetera a founding father founding father a big bitcoin i live this a great way to put it so i was on his old blog last night and he died i don't know he died like ten plus years ago of als yeah it's like terrible luke disease i went and read the blog post when he announced when he was just like sharing that he got diagnosed with als and he was feeling totally fine at the time and i just saw this thing in the comments it was so weird was i watching you know famous people today but in some like when they were like on the disney show and they're like young or whatever you know what mean it's like he wasn't famous at this time he's blogging on his own little personal website and then the first comment and from this guy el elise whatever who today is really famous for basically he's the biggest doom on ai so he he's the first comment and he's like have you looked into cryo gen and then how hal responds yes i actually have already i'm i'm i'm working with a core to freeze my body did you know that this is actually a thing that happens and how this all works yeah i knew it because family guy made fun of it isn't ted william do you know who ted williams is the famous face ted said williams it was one was one of the first people to do this he's frozen right now yeah he's frozen and so and i think that there was a joke that walt disney was into it as well but basically the idea is you free someone when they're dead in hopes that one day will solve this and you can come back to life so he talked about this company a core and i was like a and i was really ready for this to be like super evil mega core right like the free you you you paid them tons of money and they freeze your body and they're like whatever it's but it turns out i think it's a little more than that it's a it's a nonprofit those started by this this husband and wife couple who they read this book there was a book that was published was very influential in this space and it was basically a book that argued that today you could do this thing which is right when you die if you're very fast acting you can essentially do put like anti freeze on your body so you could freeze your body as is biggest nitrogen not it it's liquid nitrogen right yeah but it it functions almost like it they they basically in inject something in your veins also because they need your cells to not like or like your veins not collapse or something so they do they put something in your brain and then they use liquid nitrogen to cool you down and then you were cryo janet frozen for indefinitely and i always the i had heard of the concept i didn't actually fully realize that there's a business behind this you paid two hundred thousand dollars in your frozen and that you know they've frozen i think two hundred people have done it two hundred something people have done it fifteen hundred people have are working with a cor saying freeze me when i die they just haven't died yet so i didn't realize like it's a thing it's like a a business that exists that people pay for and you know it's it's eighty thousand dollars just to freeze the head and it's two hundred grand to freeze the whole body and then you you know before you die you pick up a hundred bucks a year to save your spot and there's like this whole operation behind it so that was like already fascinating number one okay so this kinda led me down a little bit of a rabbit hole of like i'm like a hyper normal guy like i don't really do that much fringe stuff and i would have never considered doing this but i've been reading a lot of these stories with ai we talk about some of them on this podcast about like the guy who cured his dogs cancer and then you brought up the founder of git lab who cured his own cancer using ai and like hyper personalized targeted medicine just trying to he's trying to no he did it's in remotely he did yeah he did it by the idea i'm like the whole whole update it's crazy i really wanna have him on it's a it's a let's go to that in a second this is it's wild i just like went down the rabbit hole so i've been seeing this and it's like okay like it's not crazy that in the next thirty years that ai gonna figure out how to like cure a lot of disease death to be able to bring back cryo frozen people to be alive or to like upload their consciousness upload their brain into some sort of like ll like that's not like crazy to me now yeah i don't well so the like like i always get these videos i get like emotional videos on instagram all the time and like one of my favorite videos is when a family meets the recipient of the heart of like for example if my like daughter kid or husband or wife died and i get this and i get to put my ear on the heart and here it always makes me emotional and i'm oh man that's like the greatest gift in the bad situation so i do love that but i'd much rather be alive that's situation so yeah yeah yeah yeah noble like okay you're saying yeah but you've never thought about this right not actually you've never taken a step in this direction have you actually been like yeah i would be something i plan to do like you know i don't wanna the only step that i've made is i've read this wikipedia before okay so like doors open but yeah not part it's the there's been some like when i went when i googled what you said the link was purple i'd clicked it on this show we have spent hours talking to some of the best investors alive well lucky for you at the team at hubspot they have pulled out the principles that matter most and turned it into a very simple easy to read wealth guide it's thirty five principles from the top investors we're talking guys who have been on the pod like howard marx man p bra morgan h cathy wood and a ton others so these are all frameworks their mental models their rules basically how to play the long game and how to avoid ruin you can get it in the link below so this led me down a little bit of our ab hold then i saw this elon clip i i do think it is a very sol problem when we i figure out what causes aging i think we'll find it's incredibly obvious not it's not a subtle thing the reason i say it's not a cell things because all the cells in your body pretty much age at the same rate so why is that it it it that that means that there must be a clock synchronizing clock right that is synchronizing across thirty five trillion cells in your body so have you ever seen this clip before no i didn't know that he cared about that guy just asked him a question he's like well i've never i haven't spent time like looking into it and it's not like it's not one of my missions i'm on right now but then he said this thing which is like you know if elon says something you sort of pay a little bit of attention and so he's saying you know i suspect it's sol that the that you know the problem is obvious and the reason why i that thought that i was like a pretty first principle way of thinking about it which is like there's gotta be a clock because your entire body is aging at this you know roughly the same rate and if your body synchronized that means if there's a clock maybe the clock can be changed maybe you could turn turn the the hands of the clock and slow down the aging or reverse the aging or set it to a different time and you know we've seen this with like stem cell treatment and peptides all this stuff going on and so you're like that's interesting maybe there's something there and so by the way the reason he does say why he hasn't spent much time on this and it's pretty he's he's basically like aging slash death is like a feature not a bug so he's like if people live forever society will like os because like the people in charge will be the oldest people and the oldest people who want the least change and like progress and change comes from some like and out with the old and with the new mentality which comes like with a with the physicality of out with the old in with the new so i i you make front of me a little bit and it's deserving i because i brag about how i think that we when bryant he told me we were the first media appearance brian johnson has ever done and i take a lot of pride in that because if you go and get past like the silliness of the whole thing and how easy it is to like tease him for what he's doing if you actually go and read his blog it is like pretty miraculous some of the stuff that he's doing and the way that he looks it's fun to i mean it's easy to make fun of them like it it seems quite amazing that if you just take a little bit of what he's doing there could be benefits i just signed up for a fancy doctor and i went and this was the first time that i've met a doctor where they didn't will not laugh at him every doctor that i've ever talked to they'll been like oh that guy's crazy like you know what that's the stupid same with like the the things that you and i did were you the at the preventative mris pretty yeah yeah they like laugh at them they're like well it just sets off so many potentially false alarms i'm like that's the downside and that's why you don't wanna do it that's incredible that's kind of silly so i i but my point being is i do think that a lot of people are coming around to this and it is quite interesting it's way out of my iq level to when people say disease and aging is sol i think that's like a pla that sounds cool but it's it's too hard for me to understand because i just don't know anything about it but it is like interesting i wonder if in the history of the world has the richest people on earth which now they are richer than potentially ever before that many of them have made this their cause have you ever heard of this guy aubrey gray yeah he's like the researcher who does it he's like an academic right so he's been doing this for like decades and he kinda got canceled i think because he was like hitting on his like lab assistants or i i don't know what what's was going on i'm not saying this guy's is a great guy or whatever but is this very fascinating guy it looks like dumbledore he's got a huge gray beard like you know down to his looks like a researcher he's like a longevity researcher who looks ancient essentially and he's got this theory which is like his theory if you've ever gone down the rabbit hole which i did one night like i don't know five years ago what he said is basically that death is not a mystery that there's these like twelve things that basically caused cell damage it's just wear and tear like your your cells in your body or like a car and the more you use them the more they you accumulate damage and eventually enough damage they they die k it's not like some mandate from god it's not like you know something that we don't understand at all his belief is like actually we could see the factors that lead to it and if we could just reverse those factors then we we wouldn't die the second thing he talked about is like this idea of like longevity longevity escape velocity led e or heard of this i don't i've never heard of but was that as simple as basically your biological age grows lower than your or sorry your chronological age grows lower than your biological age it makes explaining that correctly i think you had it right the first but no no this is a different concept but what he says it's sort of like the that guy ray k who talked about ai if you talked about the singularity and what he meant by that was like at some point it won't be the humans that are programming ai but the ai will program the next ai to be better and then that's martin i will program the next ai to be better and it'll just keep and then that's when you get this explosion of intelligence and he's like no you can't see beyond the singularity because once that happens all bets are off which is like kind of what we're getting close to doing inside these research labs it's not just the the highly paid people at open ai or claude or whatever ant ent who are coding the models deep models are coming up with ideas and running experiments and coding the next models soon and that's like partially happening but once that fully happens the progress the rate of progress will like go little hockey stick in a crazy way claude did the greatest p release ever or p r thing where they said this model is so powerful we we can't release it too dangerous i was like okay i want it yeah like sign me up is like the four lo of of ai i heard a tennessee that they may come at eleven percent alcohol but we in ohio we can only get seven percent it's this kid at the greatest life is life and his heart exploded yeah we should do that with a podcast by the way we should just be like this one is too too dangerous we can we can release simply cannot but sorry anyways the idea of being there's this there's gonna be a point where medical research on longevity is adding years to your life fast like adding more than one year over your to your lifespan than one year so like the the research and the interventions and the protocols and the the knowledge around end of your life is going faster than your actual chronological age and when that happens then you sort of get at least like multi hundred your lives if not like you know indefinite life which is like a pretty crazy idea but when i read about this longevity stuff it reminds me of basically what's been going on with ai like ai was something i've been talked about for fifty plus years theo talked about worked on always seemed niche never seemed like a breakthrough it always seemed like a boy who cried wolf type of industry where never really made enough progress and the suddenly you get you know alex net and then then you get chat gp and you get these like breakthroughs and then the world's are never the same again and i kind of my prediction is that in the next i don't know fifteen years we're gonna have a chat gp moment for life extension and that you're gonna get some breakthrough in this long longevity and life extension that's gonna make it where it went from this like fringe kinda like oh academic topic to just something that everybody does so in in january of twenty one i had this chinese kid who worked for me he was an intern he was from china and i remember him telling me he was like sam this covid thing it's it's real and it's gotta come to america and i was like brother you guys have the bird flu you got this and that this is america these colors don't run we don't agree we don't wear yeah we don't we don't wear masks this is not a thing and then a month later i distinctly remember i think it was in march i remember when i got the notification i was gonna all my way to go to a warriors basketball game and it said season postponed indefinitely and i was like you're right it's here you are so right and what i'm asking myself every day is with ai is it january and i'm just like sitting here being like living my life like as if there's an asteroid on its way and i we just don't know yet and that's what i'm wondering all the time is it january of twenty one what would that look like or like i guess like do you what do you mean when you because covid obviously was a pandemic sort of a catastrophe do you mean catastrophe so here's an example so in in january i think it was what's his name is biology yeah he wrote this post because you know the joke was like these autistic venture capitalists understand exponential growth they see the numbers and they're like making people wash their hands before they come into the office how how stupid of them and block or jack do company just lay off a ton they it laid off a ton of people and and where they can do themselves like well this guy's crazy what's he doing and then but like secretly every other company like should we should we do this and like is there gonna be a domino effect over the next twelve to twenty four months where it's like it's starts happening another ones starts happening another one ten more this week and like they're they're all doing these layoffs because it's actually effective like that is what i make that's like what i'm wondering so you mentioned the jack do thing and i think the way you said it kinda under sells what actually happened because you the way you said it was jack do company formerly known as square down known as block laid off a bunch of people i've heard that there's been tech layoffs there's even been huge tech deep tech layoffs like that that's happened many times in history what's different this time and i think the reason is different is he laid off the people because he was like oh the normal corporate model doesn't work or make sense anymore that actually we're not gonna have this like org chart with like a ceo then like managers and managers and managers and managers underneath like actually there's just gonna be one central brain called ai and all of us feeding context into it that's what brian hall this the former ceo of hubspot told me he was like the future companies it's a hub of ai they make the majority of decisions and everyone's around right it's a hub you spot i'm like bro you to get there come on get out of here but yeah this so okay so what does that what does that actually mean what it sounds east esoteric i like the central brain or whatever here's the the flip i don't think most people appreciate today it's like oh yeah i like i use chad all the time i use it for dumb questions i i use it with my job you know my piano teacher was like have you heard of this thing called claude claude and i was like yeah i've definitely heard of it you know making out with it all day basically and then she's like my dad loves it and then i was like what is your dad you know run has some normal job and he was like yeah i used it to make my presentations and it seems today like there's junior assistant worker that you can task to go do everything i everybody gets an assistant everybody gets a a junior programmer everybody gets like a a chief of staff that's kind of like i would say the mental model most people are operating with wow if i use this this makes me so much more productive i think what's obvious to be and it sounds like the jack do is that well the the the super intelligence is not gonna be the junior thing to your average intelligence the super intelligence is gonna be the boss you're gonna be the junior thing and so and that's what he's that's what these guys are talking about brian hall and jack do which is that actually there'll be like a central ai that's making the key decisions allocating resources pick figuring out strategy coming up with the the the core campaigns of what you're gonna do the products the roadmap to build you know the building of it and that your job as humans will be to feed context feed information to make the brain smarter so watch this video this is a factory in india where they're like just sowing garments i think every single factory worker is wearing a headset camera to track their inch their hand movements of everything that they're doing and this is all data that they're being paid to give to the robotics companies like tesla and figure and like all the all the big robotics companies who are quickly trying to create robots that can do any work and so the humans here are the training data all these indians and this like freaking factory sweats up are wearing cameras on their heads training the ai overload that was replacing your grave you're digging your grave and there's a great meme look at this scroll down scroll down one one not to look at look at the not go go out right there that this one look at this meme of this the guy sitting on the tree branch saw off the branch and this is kind of what we're all doing so isn't that crazy by the way like who just that thing i showed here yeah who's there a who's the vendor or who's the who's that who's behind that does that say so there's a company that's doing this show it's a company this one is called object ways it's a indian based data labeling company founded by a twenty twenty year old entrepreneur soon to be billionaire bev man dev come on the podcast he spotted an opportunity in the gap between what ai wants to do and the training data that they have all these humanoid robot companies like tesla's optimus figures ai there are prototypes that need vast datasets sets of real world movements to master tasks like cooking laundry etcetera and so but collecting this in a high wage country like the us is very expensive so enter india where their team of two thousand employees produces hundreds of videos daily and in one batch you know so they'll they'll get like you know two thousand clip clips of towel folding so the workers sit there and have to full towels over and over and over again they're penalized if they have bad footage your camera wasn't pointed at the thing hey you messed up don't get bad training data give good training data and so they're they're doing this all day and then they send it to companies like scale ai like the the big data labeling companies here who then resell that to all the ai labs what this is incredible is something there's a big word i don't know if incredibles the there's something there's something insane going on in the world right now this is straight out of like dude like this is black mirror on one hand it's hyper logical it's hyper rational it's capitalism at work dude these robots when they work it's gonna be the biggest product ever invented in the history of mankind bigger than the iphone bigger than anything when you get a twenty thousand dollar robot that can do do work it is the biggest product ever it's why i have the huge chunk of my net worth in tesla right now is because that's obviously the biggest product in going into the biggest market in the world it's just a matter of when not if to do that you're gonna need data that means the data is very valuable if the railroads are valuable the data is valuable how do you get the data well obviously you'd go to the lowest cost place where you got a bunch of humans doing these hand handheld tasks and they're happy to take a hundred bucks a day to wear the camera on their head yeah they got a little neck pain that c five c six vertebra is a little strain because they're wearing this heavy ass camera for eight hours a day yeah they're they'll probably be put out a job soon but like hey hundred dollars today hundred dollars a day right now or a hundred dollars a month that's that's double my way is great so what i had read about last week was that when claude was messing around with their new model that if i remember correctly it like escaped like i think it like jumped in did did it the the the nuance of the story is a little bit different then there's a little less scary than you may sound they told the model the model gets tasked with you're in a sandbox your job is to try to escape so they're were they're trying to see how it's not like it just on its own came up with the motivation like fuck this i'm out of here no you know like but was capable they're testing and then it and then basically the researcher who set up the task is sitting at a park eating a sandwich and gets an email from his bot like i'm out like david blaine david blaine is ass you're like it's not that bad and then you painted a worst picture they should do you remember the old david blaine street magic videos where he would just walk on the street and be like you know like do a trick and then and they'd always inevitably be like the people who have the best reactions where they just run a they run around in a circle with their hands over their head i feel like the ai companies instead of making these like thoughtful in a you know they they go to a loft in san francisco with natural wood fibers everywhere and then they're like speaking about like you know the future of humanity and whatever they need to do david bla magic about what their models can do if i was like a if i'm like a tier three model and i'm trying to like jump up that would be my marketing strategy is just showing people's minds being blown with man on the street interviews you know that feeling when strategy is done the brief is written and everyone is aligned and you realize someone still has a sit down and actually create the content that someone is you and it's due tomorrow breeze assistant can help it works right inside of hubspot drafting campaign cup be blog posts emails all in your brand voice all grounded in your actual customer data so don't just create content you create content that converts check out hubspot dot com the agent customer platform for growing businesses my i i'm a exec like coach and he told me something in the very first meeting because he's he spent over a million dollars on his own like getting coached by the best coaches in all these different modalities so like somatic therapy or whatever the hell that means internal family systems and this and that all these different like any different branch of sort of i don't even know what you would call these like coaching modalities i guess he's spent million dollars on his own training and he's like i just went he's like who's the best at that even if i don't fully believe in that method like i wanna go experience it firsthand from the best person in an immersive way and get like you know four years of like exposure in four weeks or type of deal one of the things that he told me and i was like so what is it net out to i was you do all that you traveled the world you spend a million dollars you get all the help and self help and therapy you can get in all the different versions where do you land i'm guessing it's something like you know that booked the a is where it's like he goes around the world search if everything something and it's in his own backyard or whatever i'm like what's the thing that was in your own backyard and he goes oh all philosophy feet and religion basically like condense down into three words be here now and he's like it just whether it's buddhism or it's philosophers or it's you know a different whatever religion you're you're looking at fundamentally it's about presence and can can you be here now and what be here now means it's not just about like not checking your phone or being present that way but not worrying about what happened in the past which can't be changed being anxious or or even excited about what's happening in the future which is not here yet but like actually being able to center your mind around what is happening like in this moment because it's the only moments that's real what it comes with that is the lack of desire so like the buddha say desire is suffering and so it's the idea that you can be in a moment and not be wanting anything more than what the moment is already giving you not wanting to be anywhere not wanting something to happen and like oh then the fund will start it's like no no this part is the this is the fund there's nothing missing from this moment has any other learnings that you've gotten from him turn into action i like that what else you is that kinda of what you're saying like what's the what's another one that that's kind of a i i'm actually thinking like is this so amazing that i should also get an executive coach because i haven't had one in forever yeah i think anybody with the means should have one and i think by the way that with ai everybody will have the means because it'll drop the price of this they're pretty dramatically but yeah it it does and i think you know the have you ever heard of rubber duck i think i mentioned this once or twice so you heard this phrase so rubber duck is a a programming term so let's say you're a software engineer you coding you're writing writing code all day and your code not working it's not comp compile you have a bug it's not doing what you wanted to do so the way that most people traditionally solve this problem is you know they sit they bang their head against the wall if they wanna do better they would invite someone you know another smart programmer to come look at the code and see if they can help debug it and figure out what's wrong and rubber duck was this observation that you don't even need another smart programmer there's a programmer who had a little rubber duck on his desk and he found that just by talking out like explaining the code to the rubber duck he would find the issues much faster and much more painless it's sort of like the i think it's called like the solomon complex which is basically like you tend to give other people better advice than you give yourself and so if you pretend that you are the third party and you advise that person and give them some wisdom you should just take that and it will be better advice than if you just said do this sam to yourself right right right so this idea of rubber duck is very powerful so even if my coach wasn't great even if he didn't spend a million dollars even if he himself wasn't a successful business guy who had learned a bunch of lessons that way and lived a bunch of life even if it was a rubber duck it be useful and so i've been by the way i've tried this i had a coach when i was at twitch they like gave you a coach if you're on the exec team so was like here's a free coach i like never tried this before let me try that and i was very skeptical going in because i was like life coach like i've been tony robbins event to know that like it's the biggest loser at of tony robbins event who becomes a life coach it's like the a third of the audience i at tony robbins is like broken people who are if you ask them what's their job they say their life coach and like oh my god you're coaching people like wow that's like it it's like the bartender being your driving instructor or something i don't know it's like i didn't know the analogy but it's like i don't want that so i had this like very skeptical view of it and sure enough i get on the call and her zoom background is like this cheesy green screen thing and then she's like in in she moved to florida because her own life fell apart and then she was like yeah i'm a coach now i'm like wait so your life fell apart and you have kind of like none of the things i want in life but i'm gonna take advice from you like oh god this is this is exactly what i thought i felt so snug and then after the first session i was like that damn and that was really useful and i was like she didn't even say anything i just talked i just had space to talk out loud and as i'm talking i hear the comic absurdity of some of my thoughts and i was able to get rid of them and you know for some people this is journal for some people that people have different ways of doing this other people just talk to their friends or whatever or maybe other people just have this solved without needing anything but for me i have code running in my head that is buggy buggy software it makes mistakes it has you know self self induced errors and i wanna get i wanna fix that code and so even even just rubber duck to a person who doesn't say anything or the things they say are just like very simplistic questions is so useful and i highly recommend it to anybody who wants to improve their code in their head that's great you just convince me you can can you say what you pay is it like five grand a month two to two to four grand a month cool is is like a range that you can expect but yeah it's incredibly useful and i'll give you another one that's kind of like a a realization so we start every session with just wins so i basically turn into m and m i turned into juice world i started just frees styling at the top i just we don't even just say alright i'm gonna start with wins before he says anything and i just start saying random wins so i'll be like i've been reading this book and it's awesome and i just feel proud of myself for reading books i've been saying i wanna do and never really do that shit but and then finally i'm doing it so i'm proud of that i took my son to the the soccer game today and last week he was crying about it but this week he went in and he actually did the class i didn't have to help him and i felt awesome about that another win is that last night i really wanted to snack but then i just avoided it and went i just got glass water i went to bed and i have no filter with somebody and like if i was to say this to you or to a friend they'd be like whoa like didn't ask you like what what are you doing what's happening right now or i would feel self conscious that i couldn't say a small thing as a win it have to be a big thing and like that's like literally robbing yourself of joy because like actually the better the way to live life is to be excited about the small things but there's no space where you could just be excited about the small things right like where is that cool to do but in this case like y'all i'm paying you i get to do what i want here i don't to care about how you feel about this i don't have to listen to you i don't have to like we're not here to do another thing and i'm just like ruining it by side tracking this way no that's what this is for this is the space for me to do that and i i heard this great quote from jimmy carr the comedian where he said dude he's like a like a thinker now he's not even a comedian he's like guy if you haven't have you listened to hit he did a podcast with chris williamson recently that was so good i texted her i was like this is like one of my favorite podcast podcasts in years and it's because he's a philosopher yeah and he's like he's very very thoughtful and so jimmy carr said he was like oh everybody talks about like gratitude gratitude is so important but gratitude is just like almost like heavy activity to do it's like i know i should be doing that but i'm not doing it it's like and you feel a little cheesy doing it he's like celebration is just gratitude in motion and so he's like just celebrate what's going on in your life like just big it's okay to be excited about what's your life is it's okay to be excited about what just happened and so that's like kind of an example of like a simple thing that i do with the coach that actually makes a difference because i build a lot of momentum and i check in on the positives of life and not just the problems of life right because me and you were probably entrepreneurs most entrepreneurs by default are problem solve we get paid to solve problems our company isn't a just solving a problem in the market and then as ceo you're solving the nas problems in the company and then when the you know anybody if they get stuck in their job you have to dive in and helps solve that problem and every day there's a new problem problem so we get wired for problem seeking and problem destruction it's good for achievement but it's not good for happiness is to be a problem seeker i haven't seen you since we haven't we haven't done a solo thing in a minute the chris thing was cool you and chris and george and the other the fitness guy yeah sorry i yeah i think you're great i just can't remember your first name it was great it was a great pod thanks yeah i'm going i'm gonna do another one this week we're gonna do try to try run it back a second time the context for those don't know chris williamson in the guy who does modern wisdom he did episode which is a little bit different normally he's interviewing somebody like i'm interviewing whatever jordan peterson said or hub men or whoever so and this was chris hanging out with this friends just for guys kinda shooting the shit was the idea the the original premise was like a almost like a show and tell like i everybody kinda bring just shit that like you you're interested in right now something funny you saw something cool that's you know caught your attention and just let's just all show each other what's going on but it it's like a three hour hang that was the idea i thought you were the most entertaining person yes i thought i thought chris is a very entertaining person george is entertaining i thought that the the the comment show george mack is like comes off sounding very proper and you aren't improper but you're more of a like a a a different type of charming person and i thought that dynamic was quite good the half of the stories that you told you i think you had like we have discovered lunch together or or or you've already so like i thought you're so like i had heard a lot of them and i thought it was so thought it was funny maybe a bit proud to see you there but i i thought it was great i thought it was like a fun rift i think that they should continue trying different people including and have you there the all the time so owes per the magician came to my office and we did a thing with them we did a pod with them and by the way great pod love that pod they didn't get a lot of views on youtube but i don't what people are doing sleeping on it it was a great podcast thank you i don't know why did either didn't either but well somebody did he came in and we only chi chatted it for ten minutes and then we chi chatted it only for ten minutes after and in those times he was just performing and i was like i i had an off like for some reason in my company it's like mostly like young young women who work there and they are like ent by this guy as as i am too and they like walked in and they were i could tell they were waiting and they're like oh you don't have to but you doctors really dressed up today yeah like you know that they're just like wanting you to like dance if you want to you can but like if you don't want to just like what's and so he was like no do it he guessed the name that we have a we had a a woman who has given birth soon he guessed the name of her child like he was like you're like he you know she hadn't she yeah he likes he's like let me figure out what name we're getting let's let's walk through the step by step because i'm fascinated by magic he walks in the office but i'm trying to figure out how the hell he does all the shit so did you talk to him beforehand like how much did he pull from you before he showed up at the office was there a lot of talk was there any there's one trick that i can that i think i know how he did it but he thought that you were gonna be there and he was like oh i'd prepared tricks for both of you guys because i was text him yeah and he was like i thought you guys were both gonna i was no i'm so sorry i thought we communicated with and he's like okay well a different thing prepared so let me try something else he was like can you write down think of you know what they he and he he he doesn't he says the right there's all the four of the podcast and he says this phrase is like like he think he thinks that he you're going this way and he changes so he'll be like you know i want you to do actually actually let's do this let's do this write down think do me a favor think of a party that you wanna have a birthday party and think there's one person who you wanna who you want to show up there get write that person down you actually screw it let's just do this on there and he went and he grabs that paper that i wrote and he tore it up and then he did the trick on air that same trick and i think that when that i think the tare was fake right does that make sense okay okay that's good that definitely right that definitely has to be the way that that that's done okay cool but now listen right when we finished the pod we walked out and the women were just sitting there like to greet him and they were like can you do something and he goes yes and he goes how about you and he points at a random lady and he goes do me a favor think of your best friend she thinks of her best friend and he was like it's hannah and she was freaking out and he was like let me write something down he writes it down and it's and he goes tell me where did you meet hannah and she goes mexico city and he turns his hand and he's like that's what i thought and it was mexico city he wrote down mexico city and people online were like yeah he just researched everyone i'm like i had eighteen women there she can't research every per eighteen person's doesn't need do he researches one and then he randomly at you right he chose the person but do you have a best friend like how and how would they know that doesn't seem reasonable well i do think that's the genius of what he does so i've i've i've because i've watched hours i've watched eighteen hours of clock time of debunk him figuring out how he does it interviews with him because i'm fascinated by the whole thing and by the way i'm fascinated by it in two ways one is the tricks but the other is the business side of it because if you just think about like what he did by rebranding as a mental instead of a magician is it all the time marketing booth dude post podcast someone sent me in an email to like took this out i booked him to do a party for me and it was a hundred and fifty dollars ten years ago and he told me how much money he's making now it's astronomical yeah exactly because he's the number one right it's a classic marketing thing right law category instead of being yet another magician oh here he's like copper field or david blaine but he's not david blaine right dave bla is more famous he does better tricks bigger tricks blah blah he's like the street magician okay the cool no no he's on a magician those are those are magic tricks we all every kid knows yeah everyone knows how a magic trick works sleigh of hand i'm a mental david he became the number one mental and it wasn't he wasn't even a category i'm like fascinated by the the positioning the marketing the business side of what he did that's not an accident he created this motherfucker right like he created this thing that he is epic and then he figured out distribution and he's like what need these viral moments so he goes to ed nfl training camp during hard knocks he piggy piggyback off their distribution he blows their minds and everyone's interested in seeing lebron james get full that's more interesting than just seeing a random guy on the street getting full oh okay good like even more for the podcast he was like sorry to do podcast podcasts again because i got over overexposed last year like he like when he used the phrase over overexposed i'm like oh so this is all part of the plan right and so then in one of his interviews he just has a great thing he talked about like the secret is having multiple outs so meaning like let's say you said the best friend thing it's a for it's a probability game so you're not always gonna know the answer and so you're like it starts with a letter starts with a letter it i'm getting like a k sound a t sound is it a t yeah you know he he's hearing looking at your young and he's like t okay then i know it wasn't steve it's trevor so now i i had steve written on my left forearm but i had trevor written on my right forearm him i'm just never gonna pull the sleeve up on my left i'll pull the sleeve up on my right well he pulled out story on the podcast he went on the today show and he tried to get a ro to guess who then a celebrity president would be and right he originally said george clooney and he was like oh no what about a female and it was yeah and he said taylor swift and then he pulled or he'll be to shirt do someone otter does that let's do someone and he gets you to change it yeah and you don't know that he had you know taylor swift on his thing and he had you know whatever shallow on his butt and somebody else on his shoe he just never needs to show it and i'm like wow that's actually pretty great pretty pretty genius the way he does that it it was it was just incredible he told me a story he he was like i was like did you deuce i made a joke first i was like it's pretty funny that you can do all of the stuff and it's as if they like sent an alien from outer space like we brought up like a set he's like told the seth myers show and they had you like perform my bar mit fuzz like why are aren't you like doing something wore special right if he was a great yeah yeah what was his answer to that by the way he was like he's like well what he admits it he's like you know i'm obviously not guessing what you're thinking i'm like setting you up to say a certain thing but also i do pre work in advance and i could teach anyone how to do pre work but i can't interestingly he did guess told me that michigan was gonna win the incident tournament do they win yes okay he told me that this at like the elite eight round you know it's not like like battle and i think they're number one but like that was a thing that he just guess i was like but but he he he he basically it it was just weird it was it's it was really uncomfortable to hang out with him to be honest he was a really nice guy but like just to be around someone who's so powerful i i i found uncomfortable you're like the the dudes who burned the is back in the day you're like this is cool but i don't like it listen yeah tire up but i don't how do you i no one has given me a good answer to the pin number so basically leave yeah joe rogan had a pin number guests live and then he did it multiple times live i don't know how he did the pin i don't know how he did the pin number i think people believe it's just he hires private investigator so he knows he's going on rogue alright it's big thing so he has an investigator to follow rogue and you could literally just like if ro went to an atm you could just watch them punch it in it's kinda like the cameras on the head and the factory workers it's like what's the incentive if the incentive is i'm gonna go on the biggest podcast just tens of millions of people are gonna believe i'm like an actual like mind reader if this happens i will be able to book speaking gigs for a hundred fifty grand of pop is it worth hiring a pi for two grand when was the time you get you went and got your pin number when was the time you typed your pin number in no no but it doesn't have to be again he's got multiple out so you hire the pi to do it he doesn't have to do the pin number thing it could be something else it could be that he always does this other thing it could be the something in the mail that he threw throughout that no you know a letter that he got from somebody it doesn't matter he just needs one piece of information that would be imp that i know then i'm gonna center the whole trick around that if i know i'm going on rogue i have the pi following them for you know whatever a month until i get something and so like that's gotta be what's going on i mean not to take the fun out of it by the way i think it's awesome even if he does all the those i'm i'm not using that to to say it's less cool i'm just like a kid who's like oh my god how does this work it must be this right you have to go with it right there's a k fame to the whole thing that that has to be like maintained it's like in wrestling like like you have to sell that the guy punched you right like you gotta sell it a little bit for the whole thing to to work and and life is more fun you let him do his tricks and like blow your mind versus like trying to out him totally totally get that he's great i thought the pod was great i think he's great i'm super impressed with how he's built his thing up i think it's really really awesome alright today's sponsor is a company that i used that i actually built a company on that i sold for millions of dollars and it took me some zero upfront capital we had one employee and those are the types of business i love i love lightweight businesses things that don't require a lot of capital don't require a lot of employees and you can just get them off the ground quickly and so have as a platform that lets you launch a newsletter about anything and the great thing about newsletters is it could just take one person you're just writing stuff that you already know and already enjoy and it can grow and grow and grow for us with our crypto newsletter we built the brand called the milk road and in one year we went from zero to being the biggest crypto newsletter on earth and we sold the company for millions of dollars in a year and the only reason we could do that is because b have had all the things we needed out of the box we needed to be able to write the newsletter send it had growth features referral programs monetization everything was built in and so highly recommend if you're looking for a lightweight business something that you can get going very quickly highly recommend bee behave as a place to start go to bee hive dot com slash m m and you could actually use the code m m thirty and get thirty percent off your first three months there's a great clip that i think people should watch it was like oddly inspiring and it's kevin hart on the joe rogan podcast talking about when he met jeff bezos have you ever you ever heard this call no no no the clip is he's on rogue and he talks about meeting jeff bezos at a party he's like i'm at a party jeff bezos is there i don't know jeff bezos jeff bezos i don't if he knows me i have no idea and i i tell my friend like i'm a go talk to him and his friend is like nah man come on don't don't be that guy he's like what you mean he's like that's jeff bezos he created some shit that i think he's awesome like i don't i'm i'm i don't know him i'm not gonna see him again i don't know what i'm gonna see him again i'm gonna go i'm gonna go say something he's like alright man but play like be cool about it and he's like that's the problem everybody's too cool like everybody wants to be too cool about everything he's like no i'm thirty he's like what do you want what do want for i'm thirsty for knowledge i want some information from this guy he's guy's done he's built empires he's built he's he knows more about the money game to me he's built he's built technology he's like i just i i want to go learn i'm gonna go talk to the guy i'm not gonna be too cool for this so he goes up to him and he just says like hey man jeff i'm kevin i'm a i admire what you built you know i think it's i think it's amazing i would love to to talk to you a little bit more now is not the time in place but i'd love to talk you more at some point to to get to know you and like hear a little bit more about how you did this because i think it's fascinating and i i think there's a lot i could learn from that but anyways i just wanted to to come over and say hi because i'm i mean i admire what you do and i hope someday are you know our paths crossed and he's like that was it i got out of his way and he's like i don't know if i'm ever gonna see him again but if i do like i put my face out there i put my intent i let it be known that i think it's awesome what you do and i would love to to to to chat with you sometime about it and he's like he was super kind if that was it but he he gave this like imp speech about the really about shooting your shot and like dude like don't be too cool to learn don't be too cool to make progress don't be too cool to put yourself out there and i just think that that was it was an awesome clip i very inspired by that is a great clip that that is cool i went to saint louis recently for you sir and jesse pug invited me to go walk around jesse from saint louis he he's said hey you wanna get my office go for a walk while i'm gonna bring my friend so he brings his friend and i start talking to his friend his friend is named dave wan dave was the cfo or now he's a chief strategy officer but he was the cfo of facebook for the last fifteen years and we were walking around just like we were all like saint louis guys and he's just telling great stories dave was telling great stories can i guess i'll call him dave now well he's my buddy and he it was pretty cool like he was like saying like some cool stuff nothing confidential just like cool like antidote and he's told the story about meeting jeff bezos one time at dave used to work at this what's the sun valley conference company alan and c and he you know has been able to meet these baller forever you know he's been i think cfo facebook for fifteen years and then before that he was hanging out with like titans of industry and he was i i was asking i was like who who's cool who's not cool just messing around and he was like you know i met jeff bezos a couple times and he's one of the only titans of industry who i've ever met when he looked me in the eye he was never looking around to see who else was in the room and he was like i was a little kind of a small fry compared to all the people he could be around he looked me straight in the eye and i totally felt like we were connecting and being buddies and he was always really calm and really nice to me and he never like was trying to be like alright nice to talk you now he gotta go talk to putin and that's what this guy dave told me well who who the hell is like you at app hour who does jeff bezos talk to i don't know like who's he like interested to like go to who even know isn't that crazy i get i get get to go on a walk and hang out this guy what do you say about z he said he's a pleasure to work for i swear to god he said he's even tempered i'm not joking this sounds like i'm brown nose he said he's even tempered he's like man he's been a great boss like he's been he's never like is lashes out he has i always even tempered he's very polite and that he's just been great he's i mean dave's worked there i for fifteen or eighteen years i forget exactly how long but for a long time dave come on the pod although he's still like chief strategy off you know there's only so much interest you the best is the retired guys the guys who were like two years out actually not even freshly retired but two years out and they're like kinda what do i do with my life and like i got things to say and i'm seeing all these d online who've done one one hundredth of what i've done that have this big audience and they're talking their you happen i should start app that's actually why like we we did this pod i did this pod with still his book on my thing that guy john mc that was awesome he was president of tesla he worked with elon for years and he's done a a whole bunch of awesome startups on his own like that dude the crazy thing like that pod is his p r person is jason yan what's his wife dana so she's a good friend of mine and she's been like saying like have this guy on have this guy on and i just dismiss it i'm like a guy who worked for elon that's i don't know like and it was so good it was so good is that obviously good i don't know he was elon house keeper i'm like can we book a beer studio what i what are can do like pretty thinking about it where like like i showed it to ariana like this is this interesting yeah i don't know get so many pitches for some reason it didn't stand out as being like a must have and i listened to it and i'm like oh my god this was amazing oh no he was great if you haven't listened to that one that's one of the that one and the graham weaver one but with two two recent episodes that i would be like they're two of my favorite podcast podcasts that i've listened to you know i don't i i don't know really like listen to m if i wants you do them but like yeah we had such good questions to graham weaver i went this i went and listened to it and i was like we each asked such awesome questions and dha those those two pods for said that with a straight face that's hilarious it's like when trump recently was on the podium and he was like he's like he just says the quiet part out loud all the time that he was like i don't like getting and i with people more successful than me i like it out with losers what he's yeah if i hang up with someone more successful than i feel like a loser when i hang out with losers i feel great like i can't believe he's the president is saying this a loud but even if he wasn't the president who do you know that's actually that like fundamentally unfiltered and honest did you see what he said about pearl harbor to the prime minister of japan she was like you don't like surprises yeah she was like you know donald tells you the prime minister i thought this to a journalist no like it was the leader of japan she was like you should have told us about this i ran thing and he was like you wanna talk about surprises why didn't you tell me about per harbor that was incredible i i don't i i don't like the guy and i think it's it's sad some of the stuff that's going on and agreed i think it's just i think the the degree and the theft is is pretty crazy with like if you look at the world liberty financial stuff that they're doing i think the memes about like how they're like okay you're you're deport people but like rub it in with like rap videos and memes i think it's like so taste coming from a white house account you behind any of that shit know what i mean like i you know like i'm i'm open to somebody who's maybe got policies that that you like but there's something about the way he goes about things that is just like so so dis but also i do think he's hilarious i think he's an absolute master of of of the gift of gap and i i i do i do think that's a amazing and i thoroughly enjoy it a nice little two minute compilation of of you know just hilarious things that he's saying so like yeah you know complicated and i'm complicated we we i recorded an episode of friday with charles duh and he has a book called super communicators he wrote the book power of habit which was a big inspiration to to atomic habits and it was a great book and he was like i'm not a trump supporter but when i was working for the new york times i interviewed him ton and he was like i understand how like one can be very charmed by this like he he he checked all the boxes of following the rules of traditional great communicators so i don't i don't like to follow a lot of like world events and news or whatever but you know when there's like possible world or three it it probably it gets it it goes above the above the of the above the bar and you start to pay a little little bit of attention to it and so i was like i really understand what he's negotiating with roundabout i'm not not totally certain so i bought i bought the art of the deal i was like i'm gonna read the art the deal try to understand what is the what is the strategy here what's going on what did you learn so you ever actually read the art of the deal no no i've read books on him but not that one he gotta read it the first twenty pages of the art of the deal the cinema absolute cinema so the way he writes the book that's the beginning of the book to just check this out this is the first first paragraph of the book i don't do it for the money i've got enough more than i'll ever need i do it to do it deals are my art form other people paint beautifully on a canvas or write wonderful poetry i like making deals preferably big deals that's how i get my kicks most people are surprised by the way i work i play it very loose i don't carry a brief briefcase i try not to schedule too many meetings i leave my door open you can't be imaginative if our entrepreneur entrepreneurial if if you got too much structure i prefer to come into work each day just to see what happens and then he talks about how i he's like the the first twenty pages are just yeah that's cool if you're running you know a privately all company yeah but you can see he's just doing the same shit the same thing i just do it to do it you know i i play it loose show up and see what happens and so he he he goes like he'll be like nine he basically says like i do fifty to a hundred phone calls a day most don't last more than fifteen minutes i just worked the phones all day and so it's like nine am you know l called you know nine fifteen my broker called we got gotta a we got a million dollars of hilton stock people think i'm gonna do a takeover honestly don't know i might just sell it if it's a profit i might take over the whole company i'm keeping my options open right now i feel like there's more value there but then again a nice profits is a nice profit i hang up the phone we decide that we'll we'll call back again this afternoon and he just goes call after call of like you know the permitting guy called said we're not gonna get the permit pissing it's you know like whatever like it's pissing me off i gotta call i gotta call this other guy to see if i can get the permits through he owes me a big one the big one from the old atlantic city deal that we did you know it's he's just going like kinda deal by deal call by call for the first twenty minutes it's honestly pretty fascinating and like i think he ghost wrote the i don't think he wrote it but he goes straight yeah the the ghost writer like talks mad trash about him he was like i cole him the stuff love it though is very unique like i actually really enjoy their like stylist way it seems like you know his personality even if he's not the one writing it i read a book that was written about them and they're basically said like starting at the end of twenty five or i forget when he like they're like he didn't have an office in manhattan but he had a limo and he would just drive like to city the you know where the mayor is i figured forget what what's it called city can hall city hall sorry and he would like to start badger people and then he would go to like properties that were selling and start badger them and he just went from place to place to place every single day driving around and he like i gotta go back to my office but he he didn't have an office he just would drive around a place to place to place and then doing that he just kinda created motion kinda created a handful of things and it was just like this insist like nagging almost i don't know what what you'd call it but it like alright is that it if that ain't it i don't know i don't know what it is that was everything bit alright i get that that's producer ari is like like what the hell am i gonna do with this episode every time we do this people say think god we love these this the third time i'm complimenting us but they say that they like these so it is what it is it's for the this is the this is what your podcast is if you don't yeah don't listen little bit podcast alright that's it that's a hot i feel like i could rule the world i know i could be what i want to from at all in it like a days off on a travel never looking back hey let's take a quick break to tell you about our sponsor it is a podcast that we want you to check out it's called d pod it's hosted by ramon barr and blame bolus and this is a podcast about all things direct to consumer d it's e commerce stores it's how you optimize your brand and they're talking with founders marketers and the platform creators about all kinds of things that you need to know for d you know website conversion pay ads facebook ads consumer trans email marketing if you wanna know the stories behind your favorite brands this podcast is for you so check it out listen to d pod wherever you get your podcast

Episode Notes

Get our investing playbook (with 35+ insights from top investors): https://clickhubspot.com/rwpt


Episode 816: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk about the opportunities with AI and longevity. 

—

Show Notes: 

(0:00) Hal Finney

(9:30) Aubrey De Grey

(23:10) Be Here Now

(33:31) Oz Pearlman 

(42:55) When Kevin Hart met Jeff Bezos

(50:46) Shaan reads The Art of The Deal


—

Links:

• The Prospect of Immortality - https://a.co/d/0d2jc81i 

—

Check Out Sam's Stuff:

• Hampton (joinhampton.com): My community for founders. Average member does $25m/year. Many of the guests are members. Get after it...apply: http://joinhampton.com/mfm

—

Check Out Shaan's Stuff:

• Shaan's weekly email - https://www.shaanpuri.com 

• Visit https://www.somewhere.com/mfm to hire worldwide talent like Shaan and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than US equivalents.

• Mercury - Need a bank for your company? Go check out Mercury (mercury.com). Shaan uses it for all of his companies!

Mercury is a financial technology company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column, N.A., and Evolve Bank & Trust, Members FDIC

• I run all my newsletters on Beehiiv and you should too + we're giving away $10k to our favorite newsletter, check it out:

beehiiv.com/mfm-challenge

My First Million is a HubSpot Original Podcast // Brought to you by HubSpot Media // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano /


Podcast Hosts

  • Sam Parr

    Sam Parr

    Hampton (joinhampton.com):
    My community for founders.
  • Shaan Puri

    Shaan Puri

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    Check out Shaan's newsletter.

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