Episode Transcript
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(00:00):
Caitlyn, what do I care? like dad, dad's car that I have now had a, had a rear sensor or whatever, but something was like off with a speaker, so it was just like, like I was like, oh my gosh, I cannot listen to this thing die.
(00:20):
Like it was just literally getting, you got a, got a dying coat in your car I was like, I am warn you, this.
Yeah.
Like I'll go, I'm finding this.
Speaker thing.
It's it's got to go.
And now the car's like, Oh, you have a problem with your speaking or something like that.
(00:41):
I know.
Yeah.
.999right? Thanks for telling me.
And then it pops up that warning every two minutes while you drive.
Well, yeah, it doesn't even tell me what's wrong now.
.691609977And like, mom and dad didn't want to fix his tire sensor, whatever, because apparently it was expensive.
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So I was like, my tires probably are low.
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Cause I hate curbs all the time.
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And you know, I haven't done anything about this whole tire sensor thing.
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so I went in and like, your tires are supposed to be at 23, 25, whatever.
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Mine were at 15.
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All of them were at 15.
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And I was like, oopsies.
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He's like, yeah, you should probably have more air in your tires.
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Just saying.
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I'm like, okay.
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When I go out every single day, the tires are low because in cold weather, and we've had this long stretch of bitter cold weather, So your tires get low and I just, you got to ignore that The sensors go off at say 30, and if you're at 29 or 28, you just got to keep running and roll right through it.
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They warm up and maybe, maybe the sensor thing turns off.
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Maybe it doesn't, but who I mean, yeah, out of the car and warm, like with freaking cold hands.
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right.
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You get frostbite getting like your tires filled up, like, yeah, and don't worry, you'll be fine.
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You can drive on 15 pressure Like, Apparently you even if it's supposed to be like 33, I don't even, I have no idea how long I've been riding on that tires being that low, like, Well, listen, Kalen, uh, we don't provide financial or investment advice, but we provide just excellent life advice.
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Like you can drive on 15 PSI tires.
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So yeah.
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Yeah, word to the wise, don't waste your time or quarters airing your tires.
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You don't need to.
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you're just, It's time and money yeah, we have way better ways to waste your time, than filling up your tires.
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One of which is to listen to our podcast.
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I think we should get the episode started.
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Kalen let's cue the music you have and listen.
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Oh! wait a minute.
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It's not over yet, folks.
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We're just getting started.
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Ha ha ha ha ha! the clock you are listening to much to your chagrin.
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You are listening to the Robert and Kaelin get rich podcast, where we talk about how I, you should inflate your tires too, today is January 27th, 2025.
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It's a Monday.
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This is episode 37.
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I'm Robert Kimmel, one of your hosts.
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This is Kaelin Kimmel, my sister and your other host.
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if you would do us a favor before we give you any more world class advice, please hit the like button, subscribe, leave us a comment.
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And of course, forward this to all your friends, relatives, and coworkers and enemies, listen.
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we do give a tire inflation advice, but we do not give.
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Financial or investment advice.
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And this is episode 38! Did I say 37? I don't know.
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well, 38.
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We are getting ever closer.
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we've got people asking us what our 50, Oh, yeah.
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bonanza plan is.
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So when would, when is 50, 50 is another 11 from now.
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I'm not counting this one.
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38.
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We got 11 more.
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Yeah, we're skiing early, early the week of March 24th, but we're back later in the week, or I can do Well, yeah, I thought I was going maybe That's a different one.
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That's, that one's like two weeks from now, if you're gonna do that, you gotta like, get after it.
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Heheheheh.
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I mean, I don't know any details about it either.
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So I don't like i'm Would I fly to Cleveland or are you guys going someplace else then? No, we're going, we're going somewhere where there'd be really nowhere better to fly to like, you could fly to Erie, Pennsylvania or something, some Yeah, like that.
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But, that's the only place.
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Well, Pennsylvania is the only place I've ever been skiing in my life.
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really, Yeah, been skiing, honestly, never well the guy I dated in grad school his parents lived in Bethlehem, Pennsylvania they're like we'll take you guys skiing and I was like sure that sounds great they said it was all easy slopes and he was like you just Point your toes in if you want to slow down, and straight if you want to go fast.
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I'm like, okay, cool.
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I was like, what are these fucking sticks for? I don't want these, and I threw those away.
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And like, and then I was like, ah, I don't like this at all.
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Like, how do I get up? Like, it's so awkward.
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I don't know.
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Then like, I gave you the whole lesson that I got.
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There was no lesson part that was like, these sticks are useful.
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Keep them.
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you're just like, ah, what? There's a whole like, if you put your weight on your left foot, you turn right.
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And if you put your weight on your right foot, you turn left.
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But no, you got none of that.
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Eh? No, no, none of it.
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Yeah.
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So I'm going straight.
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I might go a little slower if I can figure out how to get my skis pointed towards each other, or I'll go super fast and just be crouched down like a, speed skater.
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Cause I don't have those sticks.
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So I'm like, ah, I need to have a low center of gravity.
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little kids, if I'm coming your way, you are yeah, watch out.
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Like bad, bad I suffer no one.
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like, I feel like skiing is awkward.
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As a former athlete, I'm like, I think I can pick up pretty quick, like golf, I've never taken a lesson, but I can do kind of okay ish at the driving range.
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Just, whatever.
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But, well, I mean, I'm low on room.
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You gotta keep it all bent.
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That's the key.
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Never let your arms get straight.
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I see.
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uh, yeah.
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that's what they are.
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That's how I learned.
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But yeah, skiing, I'm just like, man, this just is awkward.
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It doesn't feel natural to me in any way.
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Yeah, So listen, folks, listeners don't go skiing.
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Total waste of your time.
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It's a bigger waste of your time than filling your tires, honestly, just rent cabins.
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And you know what? The cabins that aren't near the ski places are way cheaper.
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So go rent those.
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yeah, Cody was like, man, the ski in ski out places are the best.
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I'm like, that sounds like it sucks.
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I don't want it to work out to like, it'll take me ages to get my luggage down if I've got a ski over with, I don't know, no, no, no.
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I'm sure that's not how it works That's not what the like, I got to ski over there with like a roast, like, okay.
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Oh shit.
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You're going to carry the gallon of milk.
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I'll get the watermelon.
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it's not a Boy Scout backpacking.
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You don't ski to the campsite and ski to the cabin.
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No, the skiing part is between the cabin and the ski resort, you see.
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But to get to the cabin, you drive and then you park.
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I mean, yeah, I don't know, I'm a Houstonian, so I'm like, well, why not just drive to the ski lodge? Well, it's not where you are.
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You didn't nobody skied.
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Nobody, uh, pulled out the old cross country skis there in Houston.
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absolutely brought out their skis and were skiing down the freeways that were closed.
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I'm not kidding.
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They, trucks, people on skis, a la water skis, and then cross country skiers, like, If a couple of rednecks weren't driving with their, truck and Like.
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another guy getting pulled on a chain on his skis, if that never happened, then Houston's just not trying hard enough.
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Because that happens every time there's any flooding, it Oh, people do that then too? Good.
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Yeah, yeah.
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Yeah.
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If things are shut down, people are like, It's on.
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Let's find some fun.
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Good on them.
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Good for them.
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Let us take a look at, The.
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Rich portfolio.
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You know what? I'm going to mix things up.
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I'm going to start with the SMP baseline.
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Oh! I like this.
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How exciting.
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well, if you find it exciting to lose 2 percent of your investment in a, in a day, then you're probably bugging out of your skin right now.
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I'm a long haul person.
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I don't worry about the day to day shifts.
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I see the plus eight, 8.
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3%.
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Yeah.
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So yeah, long term doing fine on the SMP.
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500.
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I think 8.
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3 is more or less back to we were last week.
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So there's clearly been a climb and then a reversion.
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If you take a Look at us.
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we lost a little more, 2%, but overall, we're up should open a hedge fund.
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Absolutely.
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We'll call it the Like, invest in random shit head fund and absolutely, you're like, what in Caitlyn's portfolio hedge fund and single letters stock tickers if we think they're worth it, yeah.
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Mae has been a roller coaster ride.
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It is back to 5.
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40.
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We talked last time.
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Uh, it was at seven bucks.
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I, I have made and lost a ton of money on Fannie Mae.
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I'm still in the black.
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Don't worry.
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Just like our portfolio is.
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Why is it back down? Has there been some other announcement or do you think it's the Greenland, concerns It's gotta be Greenland.
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Yeah.
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you They're like, wait, How can we be like certain that we can handle writing mortgages if we have all of Greenland to write mortgages for, for those 30, 000 people I don't know.
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Does there have to be a reason? I think with this one, it's just volatile as hell because people like get excited.
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Oh, they might, cancel, they might, they might do this thing.
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They might not.
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I mean, January asked me, she was like, well, what would you invest in? And I was like, first of all, we do not give investment advice on our podcast.
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I was like, I think Fannie Mae's a pretty good bet now.
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I'm like, whoops.
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As soon as I say it, then it's going to, it's of course curse to go back down This is Fannie Mae recently.
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Like, Maybe this I don't think you can look at this chart and go like, okay It's time to buy.
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I don't know.
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I don't know, is that a teacup? Or maybe it's supposed to look like a person who's laying down with their knees up, like the head is over here by uh, you know, December, and then like, then they're like, that's their knees there, and you're like, bye, right now! That's what all of the analysts say.
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You got to buy the feet sell the knees by the feet guys.
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Come on Yeah, so I yeah.
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Oh.
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I was looking to see if there was any like news on Fannie Mae Oh.
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why don't we just do this live? People would just love to watch us futz and fumble with who knows? Mean, people do live streaming stuff, and it's not like they're seamless on there.
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They'll just be like, so yeah, um, I don't know.
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I don't really have that much to talk about today, I guess, but, uh, Oh, thanks for the 5.
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Like what? I don't understand this thing.
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Yeah.
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I Got this one podcast.
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I like in the, and they, you know, it's an investing thing and the guys are.
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pretty good investors and say interesting things, but they start every stinking episode by saying like, uh, this recording is live and, uh, uh, or, uh, and you're like, all right, well, That's like that one we listened to.
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00:10:48,61.32154472 --> 00:11:04,601.32154472
It was like, what was it? The tires when the guy's like, Hey, so Earl, like, what do you think of the new, like, Pernelli tire? And he's like, what, what was that? Did you ask me a question or something? Like, yeah, no, it was, wait, let to me right now.
186
00:11:04,759.53923179 --> 00:11:12,179.53923179
But it was even better than that Kaelin, because it was like, okay, the title of this episode is, our favorite myths about tires or something.
187
00:11:12,179.53923179 --> 00:11:12,549.53923179
Right.
188
00:11:12,649.53923179 --> 00:11:13,839.53923179
And like, all right.
189
00:11:13,839.53923179 --> 00:11:21,956.20589846
So today we're going to be talking about favorite myths and, and, Uh, some of those things everybody thinks is, uh, that everybody agrees on, but we're going to do some myth busting.
190
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So here we go.
191
00:11:22,936.20589846 --> 00:11:23,666.20589846
Favorite myths.
192
00:11:23,826.20589846 --> 00:11:30,646.20589846
All right, Earl, what's one of your favorites? Uh, what? I don't, myth? I don't have any.
193
00:11:31,596.20589846 --> 00:11:34,286.20589846
Favorite, what? What did we say? What did we, wait.
194
00:11:35,626.20589846 --> 00:11:36,996.20589846
I'm sorry, I just woke up.
195
00:11:37,96.20489846 --> 00:11:40,26.20589846
Like, literally I just came to.
196
00:11:40,126.20589846 --> 00:11:42,166.14339846
So, huh? damn it, damn it, Earl.
197
00:11:42,436.14339846 --> 00:11:44,636.14339846
We had a pre show meeting, man.
198
00:11:44,636.14339846 --> 00:11:44,976.14339846
Yeah.
199
00:11:45,956.14339846 --> 00:11:52,216.14339846
Since then, I've had a very large stroke and, uh, Do you remember I sent you I'm okay now.
200
00:11:52,596.04723179 --> 00:11:55,886.08089846
you the outline before, I sent you that a week ago.
201
00:11:55,886.08089846 --> 00:11:58,516.08089846
Didn't you read it, Earl? For God's sakes, man.
202
00:11:58,586.14339846 --> 00:12:01,466.14239846
Like, this is a 30 minute podcast.
203
00:12:01,536.14339846 --> 00:12:03,16.14339846
We're only talking about myths.
204
00:12:03,96.14339846 --> 00:12:21,395.12272372
And another thing, guys a podcast about fucking tires, okay? yeah, you're clearly not that busy in life besides thinking about tires and what people think about tires and all of that stuff, I thought of every god damn thing you could talk about with tires.
205
00:12:22,295.12172372 --> 00:12:27,315.12272372
Like, Earl, read the god damn note before I send it to you.
206
00:12:27,365.12272372 --> 00:12:41,145.18572372
And then later on, they're in post show editing, right? And they're just like Listen through it cut right out of this? They're just like, like, we'll just cut out the names.
207
00:12:41,645.18572372 --> 00:12:42,525.18572372
Dub over it.
208
00:12:43,860.12322372 --> 00:12:44,790.12322372
no, nothing.
209
00:12:44,920.12322372 --> 00:12:46,652.13107247
They're just like, it sounds fine with Earl.
210
00:12:46,652.13107247 --> 00:12:56,687.19357247
Just go on like, huh? What? Huh? What? Huh? They're like this, Favorite what now? Myth? you say miss? I don't have a favorite miss of tires.
211
00:12:56,832.13107247 --> 00:12:59,152.13107247
Earl, check your earbuds, man.
212
00:12:59,237.19357247 --> 00:12:59,577.19357247
Oh.
213
00:13:00,197.19357247 --> 00:13:00,447.19357247
Oh.
214
00:13:01,587.19357247 --> 00:13:02,257.19357247
Sorry.
215
00:13:03,117.13107247 --> 00:13:05,897.19357247
Can you guys start over Earl's like, can you start like.
216
00:13:06,272.19357247 --> 00:13:08,202.19357247
Wait, wait, wait, what are we doing? I'm sorry.
217
00:13:08,282.19357247 --> 00:13:14,902.19357247
I'm sorry guys! I've been watching the golf going on here and I wasn't paying any attention to you guys at all while you were talking there.
218
00:13:14,962.19357247 --> 00:13:16,292.19457247
You're calling on me first.
219
00:13:16,482.19457247 --> 00:13:16,832.19407247
Yeah.
220
00:13:16,832.19407247 --> 00:13:17,322.19357247
Earl.
221
00:13:18,102.19457247 --> 00:13:20,322.19457247
I said in the show notes, I was going to call on you.
222
00:13:20,562.19457247 --> 00:13:28,752.19457247
Earl, you Also there's only two of you! It's me talking so I'm gonna call on one of you! Baby, just be ready! 50, 50 chance here, son.
223
00:13:28,885.4029058 --> 00:13:32,645.4029058
Don't you remember the pre show meeting? We were like, okay, we're going to go around in circle.
224
00:13:32,645.4029058 --> 00:13:33,665.4029058
We're going to start with Earl.
225
00:13:33,665.4029058 --> 00:13:41,510.4654058
Then it's Tom, then me like, I Yeah, and if we get crazy and go, Tom, then Earl, like, Tom, you should also be ready.
226
00:13:41,715.4029058 --> 00:13:41,735.4029058
yeah.
227
00:13:41,960.4654058 --> 00:13:42,310.4654058
know.
228
00:13:42,370.4654058 --> 00:13:44,690.4654058
I might feel, I might get crazy today.
229
00:13:45,140.4654058 --> 00:13:48,870.4654058
Just pull one out of the hat and be like, I met you.
230
00:13:49,30.4644058 --> 00:13:52,402.06957247
It's like, you got to roll with the punches on the tire podcast, guys.
231
00:13:52,442.06957247 --> 00:13:52,912.06957247
Come on.
232
00:13:53,309.81702838 --> 00:13:55,62.07525709
15%.
233
00:13:55,168.11275708 --> 00:13:59,968.11375708
let's see what the guests, portfolio is doing Oh, and a half.
234
00:14:00,292.17625709 --> 00:14:04,692.17525709
man, these guys are inversely related to the SMP.
235
00:14:05,442.17525709 --> 00:14:14,441.63537126
Look, uh, they're having an up day at poltie homes for a change and Starbucks still doing Starbucks, yeah, that's their only saving grace.
236
00:14:14,481.63537126 --> 00:14:15,931.63637126
It's the only one that's up.
237
00:14:16,61.63637126 --> 00:14:16,751.63637126
Lifetime.
238
00:14:16,751.63637126 --> 00:14:28,710.69787127
So So far, notice It's a bunch of like classical You You know, I was looking at the car companies and stuff, right? So like GM is up today a half a percent, I'm glad you brought them up since we need to talk about ticker F.
239
00:14:28,834.03220461 --> 00:14:30,964.03120461
So it's good that we're looking at these guys.
240
00:14:31,56.63637126 --> 00:14:31,316.63587126
Yeah.
241
00:14:31,316.63587126 --> 00:14:34,846.63637126
I mean, look at F I didn't pull the trigger on buying them last week.
242
00:14:34,856.63637126 --> 00:14:38,676.63637126
Cause I didn't know if I should buy them when we lost the recording.
243
00:14:38,857.36553794 --> 00:14:43,507.36553794
no, I mean, no, no, you should definitely, let the listeners hear why we are going to buy.
244
00:14:43,600.69887127 --> 00:14:51,58.26349713
I mean, like, we got this we have this, uh, yeah, this super compelling, Ford.
245
00:14:51,498.26349713 --> 00:14:55,209.20099711
Not Gerald Ford! No, not Gerald Ford.
246
00:14:55,290.18190316 --> 00:15:02,525.32261837
So Ford, what they do is they make automobiles, right? Big ones, small they don't just like make presidents.
247
00:15:02,843.68416259 --> 00:15:06,93.68416259
so this is the quarter really results the last ones that were published.
248
00:15:06,103.68416259 --> 00:15:17,992.01749592
They come out again like next week So depending on how these automotive companies do like there could be a pop there could be a you know, a slump whatever but anyway, as of last quarter, they've got these three segments.
249
00:15:17,992.01749592 --> 00:15:19,372.01749592
This is a segment information.
250
00:15:19,382.01749592 --> 00:15:24,112.01649592
Ford blue is like their normal cars, Ford Model E's, their electric cars and Ford pro.
251
00:15:25,252.01749592 --> 00:15:37,178.68516258
And you can see that when you look at, their income or loss before taxes, Basically the electric vehicles you pick one of these segments and you're more or less breaking even, uh, if they just canceled them out.
252
00:15:37,178.68516258 --> 00:15:37,488.68516258
Right.
253
00:15:37,798.02021699 --> 00:15:38,748.02021699
so the presentation.
254
00:15:38,858.01921699 --> 00:15:45,492.08171701
You go to the Ford motor company investor page and the first thing, aside from their purpose, whatever, Yeah.
255
00:15:45,617.08171701 --> 00:15:46,672.08171701
Blah, Blah, blah.
256
00:15:46,672.08171701 --> 00:15:50,272.08171701
We're here to make the world a better place and make it better for our people and yada, yada, yada.
257
00:15:50,332.08171701 --> 00:15:50,602.08171701
Yeah.
258
00:15:51,388.01821699 --> 00:15:52,638.01921699
buying big ass trucks.
259
00:15:52,638.01921699 --> 00:15:56,952.08171701
You can drive even when it snows, they Because we're celebrating our freedom or something like that.
260
00:15:56,952.08171701 --> 00:15:57,222.08171701
Yeah.
261
00:15:57,838.01921699 --> 00:15:58,138.01921699
Yeah.
262
00:15:58,138.01921699 --> 00:15:58,998.01921699
Something like that.
263
00:15:59,268.01921699 --> 00:16:02,518.01921699
Well, then they, then the next thing is like, all right, the Ford plus plan.
264
00:16:02,518.01921699 --> 00:16:04,508.01921699
This is how Ford is going to get it done.
265
00:16:04,518.01921699 --> 00:16:05,78.01921699
Investors.
266
00:16:05,78.01921699 --> 00:16:06,218.01821699
We are going to get it done.
267
00:16:07,8.01921699 --> 00:16:08,188.01821699
We're going to take things to the next level.
268
00:16:08,348.01921699 --> 00:16:15,782.08171701
So you click through to the Ford plus plan and you realize it's from capital markets day 2023, Hmm.
269
00:16:16,378.01821699 --> 00:16:22,28.01921699
which is in, uh, which is in the damn, I think it was in May of 2023.
270
00:16:23,118.01921699 --> 00:16:24,8.01921699
Anyway, all right.
271
00:16:24,8.01921699 --> 00:16:25,268.01921699
Well, I'm still on board.
272
00:16:25,318.01921699 --> 00:16:28,862.08171701
I'm going to, I guess you don't have to keep us super updated on what your plans are.
273
00:16:28,862.08171701 --> 00:16:29,282.08171701
I mean.
274
00:16:29,342.24421703 --> 00:16:31,412.14421703
It's a 10 to 15 year plan.
275
00:16:31,512.14421703 --> 00:16:34,302.14421703
Hopefully it's not changing too, too much.
276
00:16:34,312.14421703 --> 00:16:39,202.14421703
I mean, well, Are we, are we still on are we on track? the darn plan? Yeah.
277
00:16:39,942.14421703 --> 00:16:43,368.018217
Are we headed to it? Maybe it doesn't matter anymore.
278
00:16:43,368.019217 --> 00:16:44,248.019217
I don't know.
279
00:16:44,278.018217 --> 00:16:46,48.018217
Um, so all right.
280
00:16:46,858.019217 --> 00:16:50,248.019217
Ford Ford plan day is a slow to load here.
281
00:16:50,248.019217 --> 00:16:51,968.019217
So just talk amongst yourselves.
282
00:16:53,202.144217 --> 00:16:56,702.143217
So speaking of Ford, I don't know if you know about Elizabeth Bloomer Ford.
283
00:16:56,822.144217 --> 00:17:03,742.144217
That would be, No, Carter's way, or wait, Carter, Gerald's way, Gerald's way.
284
00:17:03,873.019217 --> 00:17:05,892.144217
Carter married? up.
285
00:17:05,892.144217 --> 00:17:06,402.144217
I don't know.
286
00:17:06,402.144217 --> 00:17:07,882.143217
I just thought Carter, I guess.
287
00:17:07,932.144217 --> 00:17:08,272.144217
Yeah.
288
00:17:08,802.143217 --> 00:17:11,232.143217
Here she is beautiful.
289
00:17:12,103.019217 --> 00:17:14,412.143217
Oh my goodness, Yeah.
290
00:17:15,92.144217 --> 00:17:15,642.144217
Lovely.
291
00:17:15,712.143217 --> 00:17:16,282.143217
Lovely.
292
00:17:16,293.018717 --> 00:17:19,593.018217
what you'd expect a woman of that age and that era to look like.
293
00:17:19,593.019217 --> 00:17:20,462.143217
Here's Yeah..
294
00:17:21,172.143217 --> 00:17:22,121.2682171
So Yes.
295
00:17:22,602.143217 --> 00:17:24,2.143217
yeah, this took forever.
296
00:17:24,12.143217 --> 00:17:27,22.143217
The reason it took forever to load is because it's 123 pages.
297
00:17:27,312.143217 --> 00:17:31,692.143217
So you've got to, if you're going to investor day, be prepared to see a lot of slides.
298
00:17:32,412.143217 --> 00:17:41,827.143217
Um, so you can imagine they just kick off this investor day and they're like, all right, Lynn Tyson comes up and she's like, all right, let's get into yeah, there's some going to read you this.
299
00:17:42,51.2682171 --> 00:17:43,741.2682171
harbor shit and disclosures.
300
00:17:43,801.2682171 --> 00:17:44,791.2677171
Okay, now the appendix.
301
00:17:44,791.2677171 --> 00:17:45,61.2672171
Good.
302
00:17:45,131.2672171 --> 00:17:48,401.2682171
Alright, now that, we're through with that, jump right into the appendix.
303
00:17:48,991.2682171 --> 00:17:49,431.2682171
Cool.
304
00:17:49,437.143217 --> 00:17:53,267.142717
we got 123 pages of appendix to go through here.
305
00:17:53,267.142717 --> 00:17:57,151.2682171
So here's, here's some notes side of disclosures.
306
00:17:57,151.3682171 --> 00:18:00,567.142717
uh huh, uh we want you to like, Oh, okay.
307
00:18:00,567.142717 --> 00:18:00,817.142717
All right.
308
00:18:00,817.142717 --> 00:18:02,21.2682171
Here's all the huh.
309
00:18:02,387.143217 --> 00:18:04,577.143217
You know, we got numbers, numbers.
310
00:18:04,811.2682171 --> 00:18:06,111.2682171
the number gets bigger on the bottom.
311
00:18:06,431.2682171 --> 00:18:07,251.2682171
Hopefully that's good..
312
00:18:08,1.2682171 --> 00:18:09,391.2682171
We're going through 2022.
313
00:18:09,501.2682171 --> 00:18:11,701.2682171
So this is what Ford posts to their investor website.
314
00:18:11,711.2682171 --> 00:18:13,255.3932171
2022, Yeah.
315
00:18:13,345.3932171 --> 00:18:17,865.3932171
I'm glad to see they did well in 2022, now that it's 2025.
316
00:18:17,965.3932171 --> 00:18:19,745.3932171
hopefully the past predicts the future.
317
00:18:20,85.3932171 --> 00:18:24,194.5182171
Yeah, that's when we turn it over to Jim Farley, right? And he Hey everybody, I'm Jim.
318
00:18:24,251.1848838 --> 00:18:26,521.1848838
Thank you so much for taking the time to come.
319
00:18:26,521.1848838 --> 00:18:29,691.1848838
I've got a lot of exciting stuff to talk to you about today.
320
00:18:30,31.1848838 --> 00:18:30,651.1848838
next slide.
321
00:18:30,701.1848838 --> 00:18:31,331.1848838
there we go.
322
00:18:31,601.1848838 --> 00:18:32,51.1848838
Ford.
323
00:18:32,631.1848838 --> 00:18:36,151.1848838
We're accelerating the reuse derivatives.
324
00:18:36,181.1848838 --> 00:18:36,481.1848838
Yep.
325
00:18:36,681.1848838 --> 00:18:37,261.1848838
Next slide.
326
00:18:37,761.1848838 --> 00:18:42,151.1848838
So, we're also, simplifying our products because none about complication.
327
00:18:42,601.1848838 --> 00:18:47,367.8515505
Next slide then we are, learning from our data and the connected vehicles.
328
00:18:47,367.8515505 --> 00:18:51,597.8505505
Yeah, totally the most important thing I could tell you about today.
329
00:18:52,57.8515505 --> 00:18:58,516.5600753
Also, Spanning Surfaces, BEYOND the vehicle, Alright, any questions? it's, uh, Mr.
330
00:18:58,516.5600753 --> 00:18:59,846.5605753
Farley, I have a question.
331
00:19:00,796.5605753 --> 00:19:06,471.5605753
Do you have any, like, substance or details behind any of these sentences you just read? Right off the slide to us.
332
00:19:06,565.6845754 --> 00:19:13,315.6855754
I'm gonna kick that over to Kumar for a deeper dive into some of these important, milestones we're working towards, yeah.
333
00:19:13,805.6855754 --> 00:19:14,335.6855754
Totally.
334
00:19:14,445.6855754 --> 00:19:18,905.6855754
Alright, thanks guys! Enjoy the, the cocktail sauce and stuff, with your shrimp.
335
00:19:18,905.7855754 --> 00:19:22,745.5845754
Like, like, haha.
336
00:19:22,781.5605753 --> 00:19:23,21.5605753
Mr.
337
00:19:23,21.5605753 --> 00:19:23,451.5605753
Farley.
338
00:19:23,451.5605753 --> 00:19:24,561.5605753
Uh, yes, everyone.
339
00:19:24,561.5605753 --> 00:19:26,971.5605753
I'd like to tell you all about, uh, Ford blue.
340
00:19:27,21.5605753 --> 00:19:29,131.5615753
here's what we're going to do by 2026.
341
00:19:29,151.5615753 --> 00:19:30,361.5615753
We are just going to crush it.
342
00:19:30,371.5615753 --> 00:19:32,401.5115753
We're, um, we're going to grow from 7.
343
00:19:32,401.5115753 --> 00:19:35,541.5615753
2 percent margin up to 10 percent by doing some stuff.
344
00:19:35,684.8949087 --> 00:19:40,129.0199087
We're going to that you said low double digits, as low as you can be, actually, in double digits.
345
00:19:40,129.0199087 --> 00:19:40,419.0199087
There we are.
346
00:19:40,559.8949087 --> 00:19:47,839.8949087
investors manage your expectations when, when I say low double dishes, we're not talking about 11 here and not talking about 12.
347
00:19:48,267.550521 --> 00:19:50,907.549521
there's rounding involved here and it rounds to 10.
348
00:19:51,67.549521 --> 00:19:51,87.549521
Yeah.
349
00:19:51,101.675521 --> 00:19:52,841.575521
It's not like, please, please, please, please, please, please, please, please, 9.
350
00:19:52,841.675521 --> 00:19:54,81.675521
8, 9.
351
00:19:54,131.675521 --> 00:20:08,85.0083543
9, please, please, please, please, please, please, please, please, come on, I promised, I didn't, okay, double digits, digits, low double digits, yeah, Weirdly, our pricing is going to go down 6 percent over the next four years.
352
00:20:08,85.0083543 --> 00:20:09,285.0078543
That's really something.
353
00:20:09,395.0078543 --> 00:20:20,210.8818543
Yay, oh, I've you know, we're about that truck plant in Kentucky, do you have any information about that, oh, every yeah, the thing about here's what we do at the truck plant in Kentucky.
354
00:20:20,680.1520568 --> 00:20:24,782.9530324
We, uh, we make trucks, lots of tons all the time.
355
00:20:25,117.0780325 --> 00:20:27,287.0780325
Can you slow down? I'm, I'm getting lost here.
356
00:20:27,437.0780325 --> 00:20:28,257.0780325
I'm, wait.
357
00:20:28,282.9530324 --> 00:20:31,812.8728266
Well, I feel like this is a good opportunity for me to talk about our business priority.
358
00:20:32,116.9988266 --> 00:20:34,297.4133499
That would really have three of things, I appreciate that.
359
00:20:34,369.5394933 --> 00:20:35,399.5394933
Well, here's what we're going to do.
360
00:20:35,399.5394933 --> 00:20:36,659.5394933
We're going to improve quality.
361
00:20:36,699.5394933 --> 00:20:37,179.5394933
Okay.
362
00:20:37,693.6654933 --> 00:20:38,253.6644933
I like that.
363
00:20:38,353.6654933 --> 00:20:42,763.6654933
We're going to reduce our costs and, uh, we're going to grow revenue and profits.
364
00:20:43,293.6654933 --> 00:20:49,357.7904933
I What? These are like, I've never heard of a company doing these three things before, ever.
365
00:20:49,907.7904933 --> 00:20:50,377.7904933
Ever.
366
00:20:50,459.1958184 --> 00:20:52,319.1958184
Well I'm glad you mentioned that.
367
00:20:52,359.1958184 --> 00:21:04,861.6531517
I mean, Kalen, I wish you were at the meeting we had to get our strategic insights out and we were like, guys, what should our business priorities be? What should they We're like, um, Well, we could like, let everything fall to shit.
368
00:21:04,861.6531517 --> 00:21:05,741.6531517
That's one option.
369
00:21:05,891.6521517 --> 00:21:07,941.6531517
Like, make it way worse.
370
00:21:08,181.6521517 --> 00:21:08,741.6531517
In every way.
371
00:21:08,761.6521517 --> 00:21:12,541.6521517
We could just use the, old parts that didn't fit, and then Yam them together.
372
00:21:12,541.6521517 --> 00:21:14,241.6521517
so then we brought in McKinsey.
373
00:21:14,285.7761518 --> 00:21:18,135.7751518
And McKinsey, they put us through a series of exercises as a leadership team.
374
00:21:18,135.7751518 --> 00:21:21,495.7751518
And they said, all right, guys, listen, two options.
375
00:21:21,945.7761518 --> 00:21:29,155.7761518
Do you want to improve quality or do you want to reduce quality? And we sat there and we had this internal debate.
376
00:21:30,149.9011518 --> 00:21:30,889.9011518
I say up.
377
00:21:30,969.9011518 --> 00:21:31,649.9011518
Let's go up.
378
00:21:31,699.9011518 --> 00:21:32,399.9011518
I don't know.
379
00:21:32,489.9011518 --> 00:21:33,149.9011518
I don't know.
380
00:21:33,249.9011518 --> 00:21:41,659.0261519
I'm raising my hand as the skeptic here in the room, you know? Um, I could be wrong, but I, this is how I feel like we should go, we should do better on quality.
381
00:21:41,829.0261519 --> 00:21:42,189.0261519
If we can.
382
00:21:42,269.0261519 --> 00:21:43,629.9011518
You know? All right.
383
00:21:43,709.9011518 --> 00:21:44,109.9011518
All right.
384
00:21:44,589.9011518 --> 00:22:01,194.9001518
What about costs? Should we go up on costs too, or down on costs? that, I think we're gonna have to go up on cost for sure, right? I mean, I can't see it any other way, Like, Well, I think we're going to have to increase revenue and profits.
385
00:22:01,224.9001518 --> 00:22:02,199.0251519
Um, totally.
386
00:22:02,199.0251519 --> 00:22:09,793.1491519
well, how are we going to do all that? Well, um, we're going to something about the Bronco and the Ranger and, uh, trucks and stuff.
387
00:22:09,905.6918185 --> 00:22:25,264.8168186
We're That's how we do trucks and stuff not a car in sight we don't make a damn car listen That's not what we I drive the last one produced by Ford, apparently.
388
00:22:25,545.6918185 --> 00:22:31,214.8168186
The taurus I got a taurus out there right now And uh Yeah.
389
00:22:31,414.8158186 --> 00:22:41,993.9418186
What we do is we take the taurus and we take the raptor we drive it over the taurus to see if it works well Like, this could be hired! It would be nice! Two tourists would be hired! Alright, yeah.
390
00:22:42,373.9418186 --> 00:22:42,893.9418186
Perfect.
391
00:22:45,599.8168186 --> 00:22:55,609.8158186
Where do we get to the fucking, the, our, black sheep that we, we're like, we're trying to win over the Democrats here, so we made an electric car.
392
00:22:55,639.8158186 --> 00:22:59,869.8158186
Oh, didn't Lynn at the beginning go through the agenda for today? It's, uh, 9 a.
393
00:22:59,869.8158186 --> 00:23:00,109.8158186
m.
394
00:23:00,109.8158186 --> 00:23:01,139.8158186
to 10 a.
395
00:23:01,139.8158186 --> 00:23:01,449.8158186
m.
396
00:23:01,459.8158186 --> 00:23:02,919.8158186
Jim Farley reads slides.
397
00:23:03,329.8158186 --> 00:23:03,729.8158186
10 a.
398
00:23:03,729.8158186 --> 00:23:03,909.8158186
m.
399
00:23:03,909.8158186 --> 00:23:04,659.8158186
to 3 p.
400
00:23:04,659.8158186 --> 00:23:04,969.8158186
m.
401
00:23:04,999.8148186 --> 00:23:10,139.8148186
we talk about Ford Blue and then for 15 minutes we're going to talk about the electric vehicle division.
402
00:23:11,3.9408186 --> 00:23:11,703.9408186
I love that.
403
00:23:11,793.9408186 --> 00:23:12,353.9408186
Perfect.
404
00:23:12,443.9408186 --> 00:23:12,693.9408186
Good.
405
00:23:12,733.9408186 --> 00:23:16,343.9408186
Because what I want to hear more about with Ford is the Ford F 150s.
406
00:23:16,468.9745487 --> 00:23:18,638.9745487
I got 40, 50 more slides here, folks.
407
00:23:18,638.9745487 --> 00:23:25,308.0995488
I've got, I mean, I just really, I'm going to pound your head over, you know, about reducing Yeah.
408
00:23:25,548.0995488 --> 00:23:28,818.0995488
We're gonna make the bad things less, the good things better.
409
00:23:29,118.0995488 --> 00:23:32,538.0995488
There's gonna be tons of shit eliminated that is not necessary.
410
00:23:32,538.0995488 --> 00:23:35,418.0990488
It's gonna be amazing, I mean, this is the Ford plus plan.
411
00:23:35,418.0990488 --> 00:23:41,857.2245488
Look, we've gone through every bar on this chart and said, here's how we're going to do the Yeah.
412
00:23:41,957.2245488 --> 00:23:45,599.845864
I can't wait to dive into the same depth with the electric cars.
413
00:23:45,708.0995488 --> 00:23:47,38.0995488
Yeah, hold on to your seats.
414
00:23:47,148.0995488 --> 00:23:51,793.8249871
and now with that, I'd like to hand it over to my colleague, Doug field, Thanks so much.
415
00:23:51,849.6999871 --> 00:23:54,613.8249871
a little bit about, Appreciate that.
416
00:23:54,613.9249871 --> 00:23:59,323.8249871
So, just so you know, 50 percent of our customers are new to Ford.
417
00:24:02,159.6999871 --> 00:24:03,69.6999871
and there's a picture of an EV.
418
00:24:04,23.8249871 --> 00:24:04,903.8249871
Yeah, look at that.
419
00:24:05,643.8249871 --> 00:24:06,303.8249871
There's a car.
420
00:24:06,349.6999871 --> 00:24:08,889.6999871
what we That's one of the ones we were what we do in Miami.
421
00:24:09,169.6999871 --> 00:24:10,609.6999871
We make stuff like this.
422
00:24:10,709.6999871 --> 00:24:11,329.6999871
Here it is.
423
00:24:11,419.6999871 --> 00:24:12,649.6999871
There's, there's a truck.
424
00:24:13,359.6999871 --> 00:24:17,709.6999871
Uh, and, Oh, look at that payload, this truck either.
425
00:24:17,848.8249871 --> 00:24:23,638.8244871
Believe it or not, this can also tow 10, 000 pounds in 4 seconds.
426
00:24:23,638.8244871 --> 00:24:25,708.8249871
You can get to 60 miles per hour.
427
00:24:26,18.8249871 --> 00:24:26,668.8249871
Just look at that.
428
00:24:26,948.8249871 --> 00:24:31,628.8249871
90 percent of people live within a Model E dealership? Like, that's just about a dealership.
429
00:24:31,648.8249871 --> 00:24:39,478.8249871
Like, I think every Ford dealership is a Model E dealer, right? Like, they're like, you have to carry one because we want to keep our stat.
430
00:24:39,828.8239871 --> 00:24:40,58.8239871
Yeah.
431
00:24:40,58.8239871 --> 00:24:44,297.9489871
And you're implying that just cause you live near something, you're going to want to Absolutely.
432
00:24:44,297.9489871 --> 00:24:45,207.9489871
I mean, I am.
433
00:24:45,277.9489871 --> 00:24:49,457.9489871
I'm like, God, where's the Dippin Dots? I want to buy that so bad.
434
00:24:49,457.9489871 --> 00:24:50,347.9489871
90 percent of the U.
435
00:24:50,347.9499871 --> 00:24:50,507.9499871
S.
436
00:24:50,507.9499871 --> 00:24:52,647.9499871
lives within 20 minutes of A vape store.
437
00:24:52,907.9499871 --> 00:24:53,617.9499871
I mean, like.
438
00:24:53,872.0749872 --> 00:24:55,92.0749872
Yep, probably.
439
00:24:55,127.9499871 --> 00:24:55,637.9499871
I don't know.
440
00:24:55,647.9499871 --> 00:24:58,92.0749872
What other Like, and a Nissan dealership.
441
00:24:58,272.0749872 --> 00:25:00,792.0749872
Like, and also, all of our other competitors.
442
00:25:00,792.0759872 --> 00:25:03,107.0759872
I mean, not all of them, but All the basic ones.
443
00:25:03,217.0759872 --> 00:25:04,957.0759872
The Toyota dealership, for sure.
444
00:25:05,337.0759872 --> 00:25:06,357.0754872
Furniture store.
445
00:25:06,357.0754872 --> 00:25:08,237.0759872
A freakin grocery store.
446
00:25:08,287.0759872 --> 00:25:09,357.0759872
You're not impressing me.
447
00:25:09,727.0759872 --> 00:25:13,317.0759872
I think I'm going to take my business over Tesla.
448
00:25:13,367.0759872 --> 00:25:13,747.0759872
All right.
449
00:25:13,767.0759872 --> 00:25:15,267.0759872
So that's my presentation.
450
00:25:15,477.0759872 --> 00:25:22,956.2009872
Any questions there, folks? Anything I can tell you Yeah, you guys profitably making money on these, electric cars.
451
00:25:22,977.0759872 --> 00:25:29,546.2009872
All right, no questions Okay, then i'm gonna go ahead and let uh, lisa drake tell you all about our Thank you so much for that.
452
00:25:29,546.2009872 --> 00:25:33,296.2009872
Yeah, we had like a lot of volume, like well over a million units.
453
00:25:33,826.2009872 --> 00:25:36,736.2009872
Like that's what we're, That's the capacity we're expecting for 2026.
454
00:25:37,276.2009872 --> 00:25:40,126.2009872
And beyond that 2 million units for the Ford pro.
455
00:25:40,156.2009872 --> 00:25:40,716.2009872
Whoa.
456
00:25:41,166.2009872 --> 00:25:41,966.2009872
And that's it.
457
00:25:41,996.2009872 --> 00:25:42,286.2009872
Okay.
458
00:25:42,286.2009872 --> 00:25:46,792.8671538
Now, is there any questions about the, uh, E division at, at Ford I can help you answer.
459
00:25:46,966.9921539 --> 00:25:54,412.8671538
Uh, yeah, how's the, how are we doing profits wise? Great? Better? Um, still no, okay.
460
00:25:54,506.9921539 --> 00:25:56,592.8671538
Uh, no? No but still no questions.
461
00:25:56,652.8671538 --> 00:26:01,359.2143877
Uh, well, I'm going to, Dying to talk about the Ford Pro.
462
00:26:01,559.2143877 --> 00:26:02,369.2143877
Ted Canis.
463
00:26:02,655.8820544 --> 00:26:05,702.549721
Yeah, well, uh, we're going to double our EBIT.
464
00:26:05,906.674721 --> 00:26:06,256.674721
Yeah.
465
00:26:06,386.674721 --> 00:26:06,786.674721
Yeah.
466
00:26:06,856.674721 --> 00:26:10,676.674721
Yeah, we are The potential margin, it's looking good.
467
00:26:10,676.674721 --> 00:26:11,516.674721
It was 6.
468
00:26:11,576.674721 --> 00:26:13,146.674721
6, now it's 14.
469
00:26:13,176.674721 --> 00:26:21,455.8726882
Man, Do you get the sense that three different companies pulled together these slides? Cause they seem Well that's right, I'm the CEO of this company, as you might have seen.
470
00:26:21,735.8726882 --> 00:26:29,169.2060215
You get the feeling that if you're an, analyst assigned to the Ford desk, you've got, uh, Watch some slides about some boring, Absolutely.
471
00:26:29,230.0810215 --> 00:26:32,686.7476881
You're like, Oh, you're going to work on your dealer networks, huh? Okay.
472
00:26:33,945.8726882 --> 00:26:36,446.7471881
I mean, yeah, the Q and a here.
473
00:26:36,446.7471881 --> 00:26:37,365.8726882
I mean, right.
474
00:26:37,845.8726882 --> 00:26:41,115.8726882
There's a, there's lots of fluff put out there in this.
475
00:26:41,205.8726882 --> 00:26:47,665.8726882
I feel like anytime I go to a town hall meeting of any sort, like within companies, it's all fluff there too.
476
00:26:47,739.236875 --> 00:26:51,519.236875
It's all just like, ah, we're, we're going to be celebrating diversity.
477
00:26:51,519.236875 --> 00:27:08,259.235375
So when I was actually like giving a hard thought to Ford and like, would I make this investment or not? It was like, okay, you've got this classic, good company, bad company scenario where either you, you make the bad company good, or you get rid of it or whatever.
478
00:27:08,259.236375 --> 00:27:10,309.236375
And all of a sudden you've unlocked a lot of value.
479
00:27:10,309.336375 --> 00:27:20,791.0718421
And I feel like the, the, but right now, if like, we talked about maybe doing Ford, like a, uh, what is it? What was it called? We had one going down.
480
00:27:20,811.8833421 --> 00:27:24,891.0728421
a pair is a pair is trade a pair is I think I can't make my hands do that.
481
00:27:24,891.1728421 --> 00:27:27,351.1058421
So, um, wait a minute.
482
00:27:27,351.1058421 --> 00:27:30,911.8833421
Now, now it's in the I gotta put this in.
483
00:27:30,961.8833421 --> 00:27:33,731.8833421
Oh my way off trade is off.
484
00:27:34,811.0718421 --> 00:27:35,951.0718421
do I go? It's so hard.
485
00:27:35,951.1718421 --> 00:27:38,684.7718421
It's so hard.
486
00:27:38,684.7718421 --> 00:27:46,436.0718421
I'm investing is hard investing is hard people don't It's hard to be a graph.
487
00:27:46,676.0718421 --> 00:27:47,946.0718421
Just keep graphs as graphs.
488
00:27:48,26.0718421 --> 00:27:50,116.0708421
Anyway,, I was just against Tesla.
489
00:27:50,156.0718421 --> 00:27:53,266.0708421
That was like what I was thinking, like, for Demolitionist Tesla.
490
00:27:53,316.9429592 --> 00:27:56,596.9429592
Well, I'm not really looking for immediate with this one, honestly.
491
00:27:56,656.9429592 --> 00:28:11,376.9429592
I mean, you, you established earlier in the podcast that you are a long term investor, right? Even, even when that's a fucking stupid idea, uh, to keep, to keep holding onto things, you do this to your detriment.
492
00:28:11,756.9429592 --> 00:28:16,276.9429592
So whether or not Musk is popular this week, uh, is beside the point.
493
00:28:16,606.9429592 --> 00:28:18,726.9429592
And I, I do get the sense that.
494
00:28:19,21.9429592 --> 00:28:23,581.9429592
His popularity, there is a decent chance it might only be measured in weeks.
495
00:28:23,611.9429592 --> 00:28:42,296.1304593
Now it might be 75 weeks or something, but like, you know, I mean, three, years from today, is he still going to be a hot ticket in the, uh, in the Trump administration? That's a little Well, but then he has like other commodities that like make him still powerful and like, even if he's not, Trump doesn't love him.
496
00:28:42,296.1304593 --> 00:28:46,546.1304593
Like he has more satellites than anybody else full stop.
497
00:28:46,556.1304593 --> 00:28:47,976.1304593
Like, that's crazy.
498
00:28:48,16.1304593 --> 00:28:56,329.4637926
Like, so our government's like, yeah, we're going to have to get Elon on the phone, if we need extra help with that, I mean, I don't really understand how satellites work.
499
00:28:56,409.4637926 --> 00:28:56,849.4637926
I'll be honest.
500
00:28:56,859.4637926 --> 00:29:00,689.4637926
So Really? like, no, I mean, stuff goes up, stuff comes down.
501
00:29:00,719.4637926 --> 00:29:14,309.4637926
I don't You're going to shoot him up in a rocket? And I'm like, then the like, Woooo! satellite's we all turn our microphones on and we like, yeah, we got the mirrors going just right and we're like, Gotcha.
502
00:29:14,309.5637926 --> 00:29:21,929.4637926
And it's like, now you have HBO! Yeah.
503
00:29:21,945.2762926 --> 00:29:22,605.2762926
There you go.
504
00:29:22,709.4627926 --> 00:29:24,755.2762926
Yeah, a satellite scientist, Caelan.
505
00:29:25,459.4637926 --> 00:29:27,149.4637926
I live in a world of magic.
506
00:29:27,479.4637926 --> 00:29:35,344.4637926
Like, Like, Your rainbow unicorn Yeah, I'm like, man, ask me how a computer works.
507
00:29:35,344.4637926 --> 00:29:38,474.4637926
It's like, I'm super, super, like, here, let's start at the beginning.
508
00:29:38,484.4637926 --> 00:29:45,844.4637926
Now you get a piece of plastic and you attach other little pieces of plastic, some with metal, some with other things, add a fan.
509
00:29:46,204.4627926 --> 00:29:46,814.4637926
Very important.
510
00:29:47,194.4627926 --> 00:29:48,884.4637926
Uh, thin wires.
511
00:29:49,379.4637926 --> 00:29:59,849.4637926
And then something, a bunch of wires, and put it in a box, plug it into the wall, and then you write a bunch of zeros and ones, and apparently the computer's like, Oh, I know just what you mean.
512
00:29:59,889.4637926 --> 00:30:01,759.4637926
I know what you're talking about right now.
513
00:30:01,759.5637926 --> 00:30:05,679.4637926
Yeah, I'm on, okay, run Windows.
514
00:30:07,647.7971259 --> 00:30:13,121.984626
Please enter your 48 digit Yeah, and I'm like, okay, three, seven, nine, ten, oh my god.
515
00:30:14,732.7971259 --> 00:30:16,551.983626
Christ she's so stupid.
516
00:30:16,561.984626 --> 00:30:17,941.984626
And I'm like, I know.
517
00:30:19,452.7971259 --> 00:30:23,972.7971259
Why did I click Ah! on the advanced security option? God damn.
518
00:30:25,241.984626 --> 00:30:30,61.984626
like, man, don't you know it's me? I guess not.
519
00:30:31,451.984626 --> 00:30:35,931.983626
One thing recently, they were like,, did the recapture, I couldn't pass it, and they were like, you're a robot.
520
00:30:35,941.984626 --> 00:30:38,291.984626
And I'm like, what? Like, I'm actually trying here.
521
00:30:38,301.985626 --> 00:30:39,691.983626
I think that's a light post.
522
00:30:39,791.984626 --> 00:30:40,881.984626
I don't know what to do.
523
00:30:42,112.7971259 --> 00:30:54,822.8971259
You're showing me pictures that are clearly from like Belgium or something and asking me what's a, motorcycle and like none of them look like motorcycles they look like mopeds and crap or a stoplight that none of them really look like stoplights.
524
00:30:54,822.8971259 --> 00:31:02,247.084626
That's not what stoplights look like, but I guess that's what they look like in fricking Bulgaria or some shit or wherever, like recaptions from, Yeah, totally.
525
00:31:02,647.084626 --> 00:31:08,266.2304593
Is it, if it's just the outside edge of it, is that part of the stoplight? Or, Right.
526
00:31:08,820.4179593 --> 00:31:09,900.4179593
I don't know.
527
00:31:10,520.4179593 --> 00:31:16,760.4169593
Oh no, we're back to sidewalks! Fuck! Which of these pictures have sidewalks? Click, click, click.
528
00:31:16,840.4169593 --> 00:31:17,540.4169593
Nope, wrong.
529
00:31:17,550.4169593 --> 00:31:18,219.6044593
Do it Uh, yeah.
530
00:31:18,419.6044593 --> 00:31:19,9.6044593
Try again.
531
00:31:19,539.6044593 --> 00:31:20,169.6044593
Try again.
532
00:31:21,289.6044593 --> 00:31:21,659.6044593
again.
533
00:31:22,789.6044593 --> 00:31:22,999.6044593
again.
534
00:31:23,39.6044593 --> 00:31:26,9.6044593
I'm like, okay, I, I don't want to go to your site anymore.
535
00:31:26,119.6044593 --> 00:31:31,129.6044593
Like, yes, you're Capital One and you have all my money or whatever, but like, I give up.
536
00:31:31,639.6034593 --> 00:31:32,19.6044593
It's yours.
537
00:31:32,149.6034593 --> 00:31:32,429.6034593
Fine.
538
00:31:32,679.6044593 --> 00:31:33,49.6044593
Fine.
539
00:31:33,609.6044593 --> 00:31:34,799.6034593
You beat me down.
540
00:31:35,580.4169593 --> 00:31:36,590.4169593
yeah, yeah, yeah.
541
00:31:36,620.4169593 --> 00:31:37,140.4169593
All right.
542
00:31:37,210.4169593 --> 00:31:40,860.4169593
So listen, here's my show and tell on, Ford.
543
00:31:40,920.4159593 --> 00:31:42,887.082626
So Tesla, the Cybertruck.
544
00:31:42,891.270126 --> 00:31:43,621.270126
are retarded.
545
00:31:43,711.270126 --> 00:31:45,61.270126
Yeah, I forgot about those.
546
00:31:45,271.269126 --> 00:31:45,841.270126
They're the worst.
547
00:31:45,977.082626 --> 00:31:46,417.082626
Yeah.
548
00:31:46,617.081626 --> 00:31:54,257.081626
So they poured all their effort into the Cybertruck, which 000 units, which people are calling things like a absolute flop.
549
00:31:54,667.082626 --> 00:32:00,697.082626
And then at the same time, because they took their eye off the ball, the other ones, the model S and the X are down.
550
00:32:00,947.082626 --> 00:32:01,967.082626
So their sales are down.
551
00:32:02,217.082626 --> 00:32:02,907.082626
What do you mean? Like.
552
00:32:03,292.082626 --> 00:32:10,911.269626
How can you call this retarded? That's such a great looking, yeah, I was reading articles where they were like, this is, Tesla's attempt to, compete with the F one 50.
553
00:32:10,911.269626 --> 00:32:24,503.717397
And I'm like, you think the guy buying an F one 50 is buying that thing? some of them, not the like, farmers, but like, I can see the same douchebag who's got a jacked up F 150 also driving one of these things.
554
00:32:24,853.717397 --> 00:32:25,313.717397
Yeah.
555
00:32:25,429.529897 --> 00:32:27,879.529397
my inclination is to do the Paris trade.
556
00:32:27,949.529397 --> 00:32:36,292.8637303
Listen, longterm, I'm, I think Tesla, Tesla is way overvalued and Ford is maybe undervalued and GM.
557
00:32:36,292.8637303 --> 00:32:38,382.8637303
Looks even better, at least by P ratio.
558
00:32:38,402.8637303 --> 00:32:40,992.8637303
They don't separate out their electric vehicle sales though.
559
00:32:40,992.8637303 --> 00:32:46,802.8637303
So they say they're doing well and like, they're supposed to be break even when they start selling 200, 000 a year.
560
00:32:46,802.8637303 --> 00:32:49,312.8647303
And they're on pace to do like 160, 000 a year.
561
00:32:49,312.8647303 --> 00:32:52,62.0522303
And like, I don't even know what cars GM makes.
562
00:32:52,392.0522303 --> 00:32:54,522.0522303
I can't think of a single car GM makes.
563
00:32:54,612.0522303 --> 00:33:00,2.0522303
So, Well, they make Chevy and they make Cadillac and they make got it, oh.
564
00:33:00,42.0522303 --> 00:33:05,12.0522303
I'm like, I don't know, what's a GM? They make Chevys, huh? Got it.
565
00:33:06,537.8647303 --> 00:33:08,317.8642303
You're like, Oh, well, we're buying them for sure.
566
00:33:08,317.8642303 --> 00:33:19,472.0522303
I freaking love I mean, we're talking to the Texan about like, should we do the F 150s and Chevys or should we go with the guy with the retarded car? Like, I mean.
567
00:33:22,387.8647303 --> 00:33:35,702.0522303
This is how you do stock analysis on the, uh, Robert and Kalen Get Rich Podcast the Kaylin's portfolio has been, has been carefully crafted over years to, to like, Is this retarded? Okay, yes, let's buy it then.
568
00:33:36,32.0522303 --> 00:33:37,382.0512303
Um, or no, maybe not.
569
00:33:37,382.1512303 --> 00:33:39,27.8647303
Ha ha Wait a minute.
570
00:33:39,57.8647303 --> 00:33:41,637.8647303
We buying the retarded stuff or we're not done? The retarded stuff.
571
00:33:41,637.8647303 --> 00:33:43,332.0522303
I'm it depends on the mood of the day.
572
00:33:43,512.0512303 --> 00:33:46,648.717897
Like, am I feeling crazy? Let's do something fun.
573
00:33:46,788.717897 --> 00:33:48,835.3845637
I'm gonna buy some Eagle Pharmaceuticals.
574
00:33:48,995.3845637 --> 00:33:49,855.1855637
ha ha ha.
575
00:33:50,271.0980636 --> 00:34:00,425.2855637
Well, which mood are you in today? Are you in the retarded mood or the not retarded mood? well, like I think that you'll, we'll do better short term with Tesla, but I think long term, I don't know.
576
00:34:00,545.2855637 --> 00:34:00,815.2855637
Yeah.
577
00:34:01,30.2855637 --> 00:34:04,115.2855637
I, I feel like, I, feel I 50 and Chevys are like.
578
00:34:04,164.4274322 --> 00:34:21,634.4294322
Well established in the market and are not going anywhere, like, ebb and flow a little bit, but like, I can see us not having Teslas anymore, frankly like it just disappearing, because Elon's like, oh, now I'm going to do SpaceX, and I'm going to be in charge of the Department of Government Efficiency, NOGE, um, you know, getting my coins out there.
579
00:34:21,634.4294322 --> 00:34:21,954.4294322
Yeah.
580
00:34:21,998.6169322 --> 00:34:24,58.6169322
can see him being like, yeah, let's just drop Tesla.
581
00:34:24,138.6169322 --> 00:34:24,668.6169322
All together.
582
00:34:24,668.6169322 --> 00:34:25,88.6169322
All right.
583
00:34:25,198.6169322 --> 00:34:26,258.6169322
We're going to do a pairs trade.
584
00:34:26,582.8044323 --> 00:34:26,982.8044323
Cool.
585
00:34:26,982.9044323 --> 00:34:29,392.8044323
Ha Ha ha ha ha Let's do it.
586
00:34:29,802.8044323 --> 00:34:30,672.8044323
I think that's fun.
587
00:34:30,672.8044323 --> 00:34:32,282.8044323
It helps me learn something new.
588
00:34:32,682.8044323 --> 00:34:34,192.8044323
I didn't know that that was even a thing.
589
00:34:34,192.8044323 --> 00:34:38,472.8044323
I think with a pair of pairs trade, they usually do closer matches than those two, but hey, whatever.
590
00:34:38,532.8044323 --> 00:34:39,272.8034323
it doesn't matter.
591
00:34:39,702.8044323 --> 00:34:44,332.8044323
What does matter? that how much gummy bear we have left to eat? absolutely.
592
00:34:44,332.8044323 --> 00:34:46,502.8044323
Let's take a look at the gummy bear.
593
00:34:46,887.8044323 --> 00:34:47,897.8044323
update for the week.
594
00:34:47,897.8044323 --> 00:34:49,957.8044323
This is the gummy bear in the packaging.
595
00:34:50,236.9919323 --> 00:34:51,36.9919323
Yeah.
596
00:34:51,306.9919323 --> 00:34:51,986.9919323
Look out.
597
00:34:52,547.8044323 --> 00:34:56,907.8034323
the little seal at the top of the packaging is, uh, not too securely done.
598
00:34:56,937.8044323 --> 00:34:58,657.8044323
So this may be a little dried out.
599
00:34:58,657.8044323 --> 00:35:05,647.8034323
I wonder if I will feel like the texture has changed from when I last ate it when I come back up for the final bites.
600
00:35:05,647.8034323 --> 00:35:10,827.8044323
I'll tell you the tech there's some crustiness on the, at the edges of the teeth marks here.
601
00:35:10,906.9919323 --> 00:35:11,446.9919323
Yeah.
602
00:35:11,606.9909323 --> 00:35:12,156.9919323
I mean.
603
00:35:12,507.8044323 --> 00:35:16,926.9909323
that's untouched, that feels the same, but in the bites, it's a Yeah.
604
00:35:17,736.9919323 --> 00:35:18,946.9919323
like, hmm.
605
00:35:18,946.9919323 --> 00:35:21,146.9919323
Is that like, the bacteria? Like.
606
00:35:21,546.9919323 --> 00:35:23,822.8044323
I damn it, Robert, we got to do it right way in first.
607
00:35:23,831.9919323 --> 00:35:24,341.9919323
Yeah, yeah.
608
00:35:24,341.9919323 --> 00:35:40,101.9919323
Now we lost one session to technical difficulties, but so this number is for those people who are tracking on their at home gummy bear tracking chart from They're like, wait, how many ounces did Robert do last week? I've got to know! Yeah, Yeah.
609
00:35:40,133.4452195 --> 00:35:41,543.4452195
So we're at two pounds, three, 3.
610
00:35:41,597.9434894 --> 00:35:44,837.9434894
7 ounces or some three point something.
611
00:35:44,837.9434894 --> 00:35:46,817.1299894
It's hard to Okay, Yeah.
612
00:35:47,378.0434894 --> 00:35:47,547.8434894
8.
613
00:35:47,547.9434894 --> 00:35:48,157.9934894
So it must've been 3.
614
00:35:48,157.9934894 --> 00:35:49,687.9434894
7 before I touched it.
615
00:35:50,252.6320707 --> 00:35:52,972.6310707
The hangy offy parts accounted for some of that.
616
00:35:53,832.6320707 --> 00:35:54,252.6320707
All right.
617
00:35:54,852.6320707 --> 00:35:57,872.6310707
Now it's like the size of a very large, uh, hamburger.
618
00:35:57,912.6320707 --> 00:35:58,792.6320707
So anyway.
619
00:35:59,251.8195708 --> 00:36:02,691.8195708
It kind of looks like a flat football or something.
620
00:36:02,751.8195708 --> 00:36:04,841.8195708
Well, it looks like a burger, a big burger.
621
00:36:05,21.8195708 --> 00:36:20,476.4951763
Like, like one of those man versus food burgers, where they're like, If you eat these twenty seven burgers And you're like, Oh my God, how much does it cost? If I don't eat 27 burgers, they're like 8, 000, but best of luck.
622
00:36:20,946.4941763 --> 00:36:23,987.6511019
You know, that's true, They're free and you get a t shirt.
623
00:36:24,261.8386019 --> 00:36:25,381.8386019
Yeah, right.
624
00:36:25,381.8386019 --> 00:36:26,431.8386019
Yeah, exactly.
625
00:36:26,606.3933164 --> 00:36:28,96.3933164
Nobody wins in this scenario.
626
00:36:28,130.5798164 --> 00:36:28,590.5798164
no.
627
00:36:28,749.0469445 --> 00:36:31,69.0479445
You know who really loses though, is your pancreas.
628
00:36:31,129.0479445 --> 00:36:36,519.0479445
Your pancreas is like, why do you do this to me? Between the five pound and gummy bear day challenge.
629
00:36:36,519.0479445 --> 00:36:37,618.9479445
And now you're trying to eat.
630
00:36:38,329.0479445 --> 00:36:42,489.0479445
27 pounds of meat in it? Like, I'm just gonna give you gout, ha.
631
00:36:42,979.0479445 --> 00:36:51,619.0464445
Like, Have you no respect for your own body, my man? I mean, come I don't understand how, the Joey Chestnuts of the world, do all of that stuff in general.
632
00:36:51,819.0464445 --> 00:37:01,779.0484445
Like, I'm sure that there's lots of fasting that happens, but like, I've heard them talk about working out, like, working out their swallowing, you know? So that they can, like, take those mondo bites, I'm like, man.
633
00:37:02,379.0484445 --> 00:37:04,59.0484445
It doesn't seem like a great idea.
634
00:37:04,159.0484445 --> 00:37:22,199.0489745
Like, maybe you don't need to, like, eat your hot dog dipped in water and shoved in your gullet as fast as you can rinse repeat fucking 75 times maybe you don't need to, like, Maybe this is not a skill we need.
635
00:37:22,679.8604745 --> 00:37:23,29.8614745
All right.
636
00:37:23,49.8614745 --> 00:37:26,449.8604745
So the, uh, final weigh in for the bear, I ate exactly two ounces.
637
00:37:26,749.8614745 --> 00:37:28,799.7614745
So, uh, we are at two pounds, 1.
638
00:37:28,799.8614745 --> 00:37:30,269.8614745
2 ounces.
639
00:37:30,279.8614745 --> 00:37:39,986.5281411
So that rounds up to 34 ounces, I fallen off the pace, obviously, because 34 divided by two is 17 weeks, so maybe we won't be ready by episode 50.
640
00:37:40,160.7156412 --> 00:37:41,480.7156412
we're going to be ready.
641
00:37:41,550.7156412 --> 00:37:46,901.5291411
I just, I'll just have to come the week ahead and so that we can both eat bites All right.
642
00:37:46,901.5291411 --> 00:37:57,177.3416411
Well, maybe we've inspired a few people today buy a Ford, and short of tesla, so Yeah, it's not going to get any better than this, I think is the bottom line.
643
00:37:57,211.5291411 --> 00:37:59,607.3416411
Yeah, yeah, cue the music and get on out of here.
644
00:37:59,607.3416411 --> 00:38:00,107.3406411
Here we go.
645
00:38:00,147.3416411 --> 00:38:00,817.3416411
Cue the music.
646
00:38:04,967.3416411 --> 00:38:08,827.3416411
You've been listening to the Robert and Kaelin get rich podcast.
647
00:38:09,727.3416411 --> 00:38:12,667.3416411
Won't you rate and subscribe.
648
00:38:12,807.3406411 --> 00:38:19,267.2416411
Give us a thumbs up on that YouTube that you're watching or on your old YouTube channel.
649
00:38:19,321.5291411 --> 00:38:20,921.5281411
whatever platform You like.
650
00:38:21,937.3416411 --> 00:38:28,137.3416411
whichever platform, uh, uh, let's see.
651
00:38:28,307.3416411 --> 00:38:43,134.4541367
What else should we tell the people? Galen? Tell people to, you know, make your plans for moving to Greenland, it'll be ours soon enough and, When you're trying to plan how you're going to handle your company, try to go better quality, lower costs, more profits.
652
00:38:43,354.4541367 --> 00:38:45,44.4541367
that's what Ford taught us today.
653
00:38:45,115.556352 --> 00:38:47,404.743852
Remember guys, quality up Cost down.
654
00:38:47,475.556352 --> 00:38:49,404.743852
cost Revenue also up.
655
00:38:49,404.843852 --> 00:38:51,1.443852
Yeah.
656
00:38:51,245.556352 --> 00:38:51,535.556352
it.
657
00:38:51,925.556352 --> 00:38:52,395.556352
All right.
658
00:38:52,395.556352 --> 00:38:57,455.556352
Well, that's the only thing approaching financial or investment advice that we're going to provide today.
659
00:38:57,465.556352 --> 00:39:02,935.556352
Do not make any investments in reliance on this podcast or you are an idiot.
660
00:39:03,475.556352 --> 00:39:11,715.556352
Please send us your thoughts in an email, send us guest suggestions, people that you want to subject to eat, having to eat a crusty old gummy bear.
661
00:39:12,215.556352 --> 00:39:16,2.2276323
Our email address is Robert and Kalen get rich at gmail.
662
00:39:16,2.2276323 --> 00:39:16,262.2276323
com.
663
00:39:16,341.4151323 --> 00:39:17,191.4151323
Just like the sign says.
664
00:39:17,562.2276323 --> 00:39:19,932.2276323
A just like it's everywhere.
665
00:39:19,972.2276323 --> 00:39:24,772.2276323
Like just look around on your screen and the name Kalen's here multiple times, figure it out.
666
00:39:25,21.4151323 --> 00:39:25,391.4151323
Yep.
667
00:39:25,424.2691548 --> 00:39:29,544.2691548
And, uh, with that Kalen, I think we should call it a day.
668
00:39:29,623.4566548 --> 00:39:30,213.4566548
I agree.
669
00:39:30,413.4566548 --> 00:39:31,23.4566548
Okay.