Patrick Bet-David
👤 PersonAppearances Over Time
Podcast Appearances
Do you know what that sign is of? Because the president wants that money to be where? If I believe in the future of S&P 500, where would that money be? In the stock market.
Do you know what that sign is of? Because the president wants that money to be where? If I believe in the future of S&P 500, where would that money be? In the stock market.
If it's in the stock market, that means I'm optimistic. If it's in the money market, I'm saying, dude, I don't know what's going to happen to the stock. I want to make sure my money is chilling. I'm just going to be chilling.
If it's in the stock market, that means I'm optimistic. If it's in the money market, I'm saying, dude, I don't know what's going to happen to the stock. I want to make sure my money is chilling. I'm just going to be chilling.
So even with all the instability that's going on, my prediction in the next 6 to 18 months, that's going to drop to $5.5 trillion to $6.2 trillion because I think people are going to go to the market. Do you see how that looks like from 2008? Jump. How all of a sudden it dropped. No, look at the drop. What is the drop? The drop is 2008, 2008. Go a little bit higher. That's five right there.
So even with all the instability that's going on, my prediction in the next 6 to 18 months, that's going to drop to $5.5 trillion to $6.2 trillion because I think people are going to go to the market. Do you see how that looks like from 2008? Jump. How all of a sudden it dropped. No, look at the drop. What is the drop? The drop is 2008, 2008. Go a little bit higher. That's five right there.
You see eight. Boom. All of a sudden it drops, which means people are going into the market, right? I'm going to put some money in the market and I'm going to go and then boom, it spikes up again. I'm nervous. So we haven't seen a drop off since 2018, 2019 in the market. We haven't seen it. So there's a concern here what that could look like. Tom, your thoughts on this chart?
You see eight. Boom. All of a sudden it drops, which means people are going into the market, right? I'm going to put some money in the market and I'm going to go and then boom, it spikes up again. I'm nervous. So we haven't seen a drop off since 2018, 2019 in the market. We haven't seen it. So there's a concern here what that could look like. Tom, your thoughts on this chart?
$7.2 trillion in money markets.
$7.2 trillion in money markets.
Let me go to the next story here. Tim Cook called Texas governor to stop online child safety legislation. Whoa. Why would Tim Cook call? to stop online child safety legislation.
Let me go to the next story here. Tim Cook called Texas governor to stop online child safety legislation. Whoa. Why would Tim Cook call? to stop online child safety legislation.
Apple CEO Tim Cook personally called Texas Governor Abbott to request changes or a veto of a child safety bill requiring app stores to verify users' ages, with an Apple spokesman stating if enacted, Apple marketplaces will be required to collect and keep sensitive personal identity information
Apple CEO Tim Cook personally called Texas Governor Abbott to request changes or a veto of a child safety bill requiring app stores to verify users' ages, with an Apple spokesman stating if enacted, Apple marketplaces will be required to collect and keep sensitive personal identity information
For every Texan who wants to download an app, even if it's an app that simply provides weather updates or sports scores, the bill passed would veto-proof. Majorities would make Texas the largest state to adopt such an app store accountability law, potentially increasing costs for Apple and Google.
For every Texan who wants to download an app, even if it's an app that simply provides weather updates or sports scores, the bill passed would veto-proof. Majorities would make Texas the largest state to adopt such an app store accountability law, potentially increasing costs for Apple and Google.
The Texas legislation mandates that app stores verify device owners' ages, linking minors' accounts to parents for an app approval would support or Senator Angela Paxton said her parent helped parents understand what their children are really interacting with and give them tools to help them make a good parenting decision. Tom, your thoughts on this?
The Texas legislation mandates that app stores verify device owners' ages, linking minors' accounts to parents for an app approval would support or Senator Angela Paxton said her parent helped parents understand what their children are really interacting with and give them tools to help them make a good parenting decision. Tom, your thoughts on this?
Well, I mean, look, what Apple is trying to do, we had Layla Micklewaite on and Pornhub owner, Rob, if you remember when we had the Pornhub owner on, And I'm asking him, saying, so why aren't you just checking IDs for people that go on Pornhub? No, we can't do that. Why? Is it because 90% of traffic will drop because nobody wants their IDs to be checked?
Well, I mean, look, what Apple is trying to do, we had Layla Micklewaite on and Pornhub owner, Rob, if you remember when we had the Pornhub owner on, And I'm asking him, saying, so why aren't you just checking IDs for people that go on Pornhub? No, we can't do that. Why? Is it because 90% of traffic will drop because nobody wants their IDs to be checked?