Enhanced Games disappoints, we're chasing Warren Buffett & our big Community Portfolio mistake
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What went wrong with the Enhanced Games?
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How did Eli Lilly's new weight loss drug perform in the market?
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What is the mission to interview Warren Buffett about?
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Here is the big takeaway from the enhanced games.
What steps are being taken to track down Warren Buffett?
The drugs didn't really work that well.
How did Geoff Wilson help in the search for Buffett?
No. Only one runner ran a sub-10-second 100 metre. But here's the thing, Bryce. He wasn't enhanced.
Welcome to another episode of equity mates, a show where we explore what's possible in the world of investing. My name is Bryce and I'm Ren.
What updates are there on the Community Portfolio's performance?
And today we are talking about all the ways that people are enhancing their bodies and maybe enhancing their stock market returns. We are launching our quest to get Warren Buffett on the podcast.
What stock did Josh pitch for the Community Portfolio?
Yes, you heard us right. And we're closing with the community portfolio where we get a pitch from a community member.
And a reminder that tickets to FinFest, Australia's largest finance festival, the biggest event that Equity Mates puts on, they are now live early bird release and they are selling quick.
Yeah, five stages, food trucks, bars, a fun day out to show that investing can be and is for everyone. You don't want to miss it. It's on the 24th of October at Carriageworks in Sydney.
What lessons were learned from the Community Portfolio mistake?
Head to equitymates.com slash FinFest to secure your early bird tickets before they run out.
All right, let's get into it. Headlines we're covering this morning, as you said, Ren, all the ways in which people are enhancing themselves. We've got the enhanced games that have kicked off in Las Vegas and some pretty astonishing results coming through from Eli Lilly.
Yes.
So let's start with the enhanced games. And it is an investing story. We promise we will get there. Let's start with the sports story. Let's start with the sports story. So the Enhanced Games, firstly, it's an Olympic Games with a limited number of sports where people were allowed to juice themselves.
Let's just call it what it is.
The Steroid Olympics. The Steroid Olympics. That's right. Held in Las Vegas in front of a curated crowd of two and a half thousand people. Tickets weren't on sale to the general public. It was a highly curated event. And people were looking forward to seeing world records smashed. Yeah. That was the sell. Yeah.
The pitch was get juice to the gills. That was James Magnusson's line. Yeah. And beat all the world records to prove that all these drugs work. And as we'll get to, this is an investing story because then on the back of that, the enhanced games, we're going to sell a lot of these supplements to the public.
But the best laid plans, hey? It didn't sort of turn out as everyone was expecting. I think only one world record was broken in the enhanced games, and that was in the 50-meter freestyle. It was beaten by a Greek swimmer, Christian Goklamev. He broke the 50-meter world record by 0.07 seconds, a whisker. That was beating Australian Cameron McAvoy's world record.
Okay, and so this Greek swimmer won the 50, won the 100 metre, and also got extra prize money because he did break the world record.
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Chapters
8 chapters
1
What went wrong with the Enhanced Games?
0:00–0:18
2
How did Eli Lilly's new weight loss drug perform in the market?
0:18–0:56
3
What is the mission to interview Warren Buffett about?
0:56–1:33
4
What steps are being taken to track down Warren Buffett?
1:33–1:36
5
How did Geoff Wilson help in the search for Buffett?
1:36–1:54
6
What updates are there on the Community Portfolio's performance?
1:54–2:06
7
What stock did Josh pitch for the Community Portfolio?
2:06–2:35
8
What lessons were learned from the Community Portfolio mistake?
2:35–35:54
Speakers
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