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9171 total appearances

Appearances Over Time

Podcast Appearances

Prof G Markets
The Sell America Thesis — ft. JPMorgan’s Michael Cembalest

There's a reason why production moved away. And who's going to bear the brunt of the price increases? I mean, maybe it'll be Hollywood, but if it's not Hollywood, it's consumers. It just means your monthly Netflix bill is going to go way up, your Max bill, your Hulu bill, whatever it is.

Prof G Markets
The Sell America Thesis — ft. JPMorgan’s Michael Cembalest

There's a reason why production moved away. And who's going to bear the brunt of the price increases? I mean, maybe it'll be Hollywood, but if it's not Hollywood, it's consumers. It just means your monthly Netflix bill is going to go way up, your Max bill, your Hulu bill, whatever it is.

Prof G Markets
The Sell America Thesis — ft. JPMorgan’s Michael Cembalest

There's a reason why production moved away. And who's going to bear the brunt of the price increases? I mean, maybe it'll be Hollywood, but if it's not Hollywood, it's consumers. It just means your monthly Netflix bill is going to go way up, your Max bill, your Hulu bill, whatever it is.

Prof G Markets
The Sell America Thesis — ft. JPMorgan’s Michael Cembalest

And by the way, you made this point, but it's like the parallels with Apple, it's identical. It's like, oh my God, the iPhone price is going to go up. People are going to be upset. And then he concedes to Apple and he makes the exemption.

Prof G Markets
The Sell America Thesis — ft. JPMorgan’s Michael Cembalest

And by the way, you made this point, but it's like the parallels with Apple, it's identical. It's like, oh my God, the iPhone price is going to go up. People are going to be upset. And then he concedes to Apple and he makes the exemption.

Prof G Markets
The Sell America Thesis — ft. JPMorgan’s Michael Cembalest

And by the way, you made this point, but it's like the parallels with Apple, it's identical. It's like, oh my God, the iPhone price is going to go up. People are going to be upset. And then he concedes to Apple and he makes the exemption.

Prof G Markets
The Sell America Thesis — ft. JPMorgan’s Michael Cembalest

That's right. Zero-sum game.

Prof G Markets
The Sell America Thesis — ft. JPMorgan’s Michael Cembalest

That's right. Zero-sum game.

Prof G Markets
The Sell America Thesis — ft. JPMorgan’s Michael Cembalest

That's right. Zero-sum game.

Prof G Markets
The Sell America Thesis — ft. JPMorgan’s Michael Cembalest

Yeah, it's what Ryan Peterson said. It's trade is a positive sum game. It's econ 101. These guys think it's zero sum. There are some certain zero sum games, such as dabbling in Trump coin. but the rest of the economy, if you're establishing real value, it's a positive sum game. So it just doesn't make any sense.

Prof G Markets
The Sell America Thesis — ft. JPMorgan’s Michael Cembalest

Yeah, it's what Ryan Peterson said. It's trade is a positive sum game. It's econ 101. These guys think it's zero sum. There are some certain zero sum games, such as dabbling in Trump coin. but the rest of the economy, if you're establishing real value, it's a positive sum game. So it just doesn't make any sense.

Prof G Markets
The Sell America Thesis — ft. JPMorgan’s Michael Cembalest

Yeah, it's what Ryan Peterson said. It's trade is a positive sum game. It's econ 101. These guys think it's zero sum. There are some certain zero sum games, such as dabbling in Trump coin. but the rest of the economy, if you're establishing real value, it's a positive sum game. So it just doesn't make any sense.

Prof G Markets
The Sell America Thesis — ft. JPMorgan’s Michael Cembalest

So there's this saying in crypto, which is have fun being poor. If you need such a level of distraction that you can't figure out a way to save a little bit more money than you spend, if you're so bored by the phrase S&P 500, which is not that big of a deal and it's actually not that complicated, if you just do a tiny bit of Googling, my response to you is have fun being poor.

Prof G Markets
The Sell America Thesis — ft. JPMorgan’s Michael Cembalest

So there's this saying in crypto, which is have fun being poor. If you need such a level of distraction that you can't figure out a way to save a little bit more money than you spend, if you're so bored by the phrase S&P 500, which is not that big of a deal and it's actually not that complicated, if you just do a tiny bit of Googling, my response to you is have fun being poor.

Prof G Markets
The Sell America Thesis — ft. JPMorgan’s Michael Cembalest

So there's this saying in crypto, which is have fun being poor. If you need such a level of distraction that you can't figure out a way to save a little bit more money than you spend, if you're so bored by the phrase S&P 500, which is not that big of a deal and it's actually not that complicated, if you just do a tiny bit of Googling, my response to you is have fun being poor.

Prof G Markets
The Sell America Thesis — ft. JPMorgan’s Michael Cembalest

That's what I would say to you. Fucking reading me for filth, bro. Eat that shit, Cam. It's the same thing that I would say to the people who supported Donald Trump, who thought they were going to reshore all these jobs into America. And now we've got tariffs, which is a tax on consumption, which is going to largely affect poor people. Have fun being poor. You were very good. Oh, thank you.

Prof G Markets
The Sell America Thesis — ft. JPMorgan’s Michael Cembalest

That's what I would say to you. Fucking reading me for filth, bro. Eat that shit, Cam. It's the same thing that I would say to the people who supported Donald Trump, who thought they were going to reshore all these jobs into America. And now we've got tariffs, which is a tax on consumption, which is going to largely affect poor people. Have fun being poor. You were very good. Oh, thank you.

Prof G Markets
The Sell America Thesis — ft. JPMorgan’s Michael Cembalest

That's what I would say to you. Fucking reading me for filth, bro. Eat that shit, Cam. It's the same thing that I would say to the people who supported Donald Trump, who thought they were going to reshore all these jobs into America. And now we've got tariffs, which is a tax on consumption, which is going to largely affect poor people. Have fun being poor. You were very good. Oh, thank you.

Prof G Markets
The Sell America Thesis — ft. JPMorgan’s Michael Cembalest

Appreciate that. Let's talk about OpenAI, which is now abandoning these plans to become a for-profit entity. That's the headline, at least. Just some context here. OpenAI, you might remember, it was originally a non-profit organization. It was sort of this research lab where they were investigating the impact of AGI.

Prof G Markets
The Sell America Thesis — ft. JPMorgan’s Michael Cembalest

Appreciate that. Let's talk about OpenAI, which is now abandoning these plans to become a for-profit entity. That's the headline, at least. Just some context here. OpenAI, you might remember, it was originally a non-profit organization. It was sort of this research lab where they were investigating the impact of AGI.