The Best One Yet
👒 “Martha Stewart Inc.” — Martha’s media mastery. The new Treasury Sec. Thanksgiving finance convos.
Tue, 26 Nov 2024
25 years ago, Martha Stewart IPO’d her company… Because Martha invented Influencers.Stocks jumped into the holiday on Trump’s new Treasury pick… He’s got a “3-3-3” Econ policyThanksgiving is when rich people talk about money with family… We’ll share their secrets.Plus, our latest deep-dive TBIY episode is on: Jacuzzi… How 7 brothers invented the hot tub to save a kid’s life.Check out the latest episode of our new weekly deepdive show: The untold origin story of… “Jacuzzi: Legend of the Life-Saving Tub” 🛀Subscribe to The Best Idea Yet: Wondery.fm/TheBestIdeaYetLinks to listen.“The Best Idea Yet”: The untold origin stories of the products you’re obsessed with — From the McDonald’s Happy Meal to Birkenstock’s sandal to Nintendo’s Super Mario Brothers to Sriracha. New 45-minute episodes drop weekly.$MSO $SPY—-----------------------------------------------------GET ON THE POD: Submit a shoutout or fact: https://tboypod.com/shoutouts FOR MORE NICK & JACK: Newsletter: https://tboypod.com/newsletter Connect with Nick: https://www.linkedin.com/in/nicolas-martell/ Connect with Jack: https://www.linkedin.com/in/jack-crivici-kramer/ SOCIALS:Instagram: https://www.instagram.com/tboypod TikTok: https://www.tiktok.com/@tboypodYouTube: https://www.youtube.com/@tboypod Anything else: https://tboypod.com/ Subscribe to our new (2nd) show… The Best Idea Yet: Wondery.fm/TheBestIdeaYetLinksEpisodes drop weekly. It’s The Best Idea Yet.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Chapter 1: What is the main topic of this episode?
This is Nick. This is Jack. It's Tuesday, T-Boy. Tuesday, November 26th. And today's pod is the best one yet. This is a T-Boy. The top three pop business news stories you need to know today. Yeah, it is. If you celebrate Thanksgiving, stocks are up. But if you celebrate Thanksgiving, then stocks are down. I feel like we need to address this.
Everyone has one friend who's mispronouncing Thanksgiving, right? No. What are you talking about? You know the Thanksgiving people? The Thanksgiving people? Not Thanksgiving people. The Thanksgiving people. They're emphasizing the thanks? We have to stop ignoring it. What are you doing for Thanksgiving, by the way? Where are you going to be?
I'm headed down to the chalet at the mountains right at Triggerbush. They're opening up the resort, so I'm going to get my first runs in. I hope you get some good snowing, Jack. Nick, we're going to have a fire going the whole time. What about you? In New York City right now, and everyone here looks beautiful.
Then we're heading to Nantucket, and I heard the president's going to be there, so the aerospace is locked down. TSA might not even let you on the island. Or should I say, Secret Service. In the meantime, Yetis, we are so thankful for you that we whipped up three fantastic stories. What do we got, Jack?
For our first story, 25 years ago, Martha Stewart took her company public to become the first ever self-made American woman billionaire. And this year, Netflix did a documentary on Martha Stewart, and we watched it all weekend long. And we found the best business advice that she gave in prison. In prison. Second story, what do we got, Jack?
For our second story, stocks jumped to fresh all-time highs Monday on news that Scott Besant will run Treasury. Wall Street loves this guy, and it's all thanks to his 3-3-3-3-3-3 policy. And our third and final story. Thanksgiving is the day when rich people get together with family and talk about money.
So Jack and I got the best money topics for you to share with your family because we know exactly what you should talk about. But yetis, before we hit that wonderful mix of stories. Fantastic mix of stories, Jack, and nobody is doing that mix of stories this week. Love this mix. Today, the latest episode of our new show dropped, and it's all about Jacuzzi.
Jacuzzi, because the Jacuzzi hot tub is actually the wildest story we had ever heard. Get this. Jacuzzi was invented by seven brothers. Seven Italian immigrant brothers in California. Oh, and Jack, their name wasn't even Jacuzzi until Ellis Island when it got misspelled. The elder Jacuzzi actually started the company by building airplanes.
But then began a series of business pivots beginning with airplanes. Pivot! They pivoted from propellers to pools to create the first ever hot tub. And they did it to save their two-year-old son's life. No joke, true story. It's an emotional, touching story.
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Chapter 2: How did Martha Stewart become a billionaire?
This Thanksgiving weekend, America's 1% will be discussing get out of tax-free cards, like tax-free gifts and 529 accounts. But no matter what, remember the greatest gift you can give your family is money transparency. But Yetis, this pod's not over yet. Here's what else you need to know today. First, Thanksgiving travel expected to set another US record.
Jack, we're looking at 80 million people on the move, baby. Yetis, if you're stuck in traffic right now, check out our new series, The Best Idea Yet. And if someone's honking at you, just blast The Best Idea Yet. And second, Starbucks' new CEO has a plan to revitalize the coffee chain, beginning with airport locations. I love that Starbucks are in just about every major airport. Yeah, it's true.
I hate that the lines are guaranteed to be very long. So Starbucks' CEO calls fixing those airport Starbucks one of the biggest opportunities. Latte for Kramer! And finally, Macy's is reportedly jacking up the TV rights to their Thanksgiving Day Parade. NBC is going to broadcast the parade like usual, but it's going to be for triple the price. $60 million a year.
That's the new price to broadcast the Macy's Thanksgiving Day Parade. Honestly, it's worth it for Blu-ray. Well, speaking of the parade, Jack, for the best fact yet, Jack and I whipped up a highly inflatable one for you, Yetis. Jack, what do we got? Okay. Macy's is the number two consumer of helium in the world because of all those balloons. But here's the wild fact.
It turns out that Macy's used to just let the balloons go, like in the first race. They just let them go up in the air and go away. They would tell the people to just let go. And eventually Snoopy would like pop or come down to earth. I think he'd land in Jersey and then someone would have some big Snoopy in their backyard, Jack, over in Morristown.
They even printed a return address on the balloons so that if one of them landed in your backyard, you knew who to return it to. Macy's. Yetis, you look fantastic for the Tuesday before Thanksgiving. Just to keep it real for a second, Nick and I have the best jobs in the world. Yes. And it's thanks to you listening to us. We're so thankful for you. Honestly, you're tuning in every day.
You're sharing stuff with us in DMs. You're sending Jack and me messages every day. There are ratings and reviews. It's a wonderful community we've built together. Love doing it with you, Jack. I'm just going into Thanksgiving feeling very thankful. Or is it Thanksgiving, Jack? Are you going into Thanksgiving? No one says that. There's always one person at the table. Trust us, Yetis.
Have fun, and Jack and I will see you on tomorrow's special pod. And tell your families, H-Y-H-D-B-O-Y. And before we go, a happy 40th birthday to our buddy Matt Beagle, the Yeti, over in Lafayette, California. He's the best idea yet. The best of Berkeley. And Matthew Caldwell is celebrating a birthday over on the Upper East Side, hopefully with a good burger, and we know from where, Jack. J.G.
Mellon. J.G. Mellon. Happy birthday to Caitlin Carl in Victoria, Minnesota. And Vahithi Kaikaria over in India is celebrating the best birthday yet. Happy 50th birthday to Claire Darby in Phoenix, Arizona. And Allie Draught over in Portland is celebrating the big birthday. Happy birthday to Emily Roseau in Martinique, France. And Vital Badano over in Seattle. Happy birthday, Vital.
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