Chapter 1: What is discussed at the start of this section?
Don't even get me started. Don't get me started. I saw what you posted the other day and deleted. Which one? I saw the tweet. about mixed fans harassing Sixers fans as if... Oh, no, I didn't delete that. Oh, you didn't? No, no. I left that one up. Hold on. As if you are not the most aggressive fan base in the entire United States.
I know. Well, that's why you shouldn't do that. Literally.
Literally. I know. But it's different sports. Basketball fans are not as psychotic. They're not as psychotic. And they're not as drunk. No. I probably can get away with it. And Embiid asked for it.
If he shut his mouth and didn't say anything. Oh, man. I get it. Everybody, I went to an X game with my kid three months ago, and, like, everybody boos Embiid constantly. He's hated. No, he loves it. Oh, he likes it.
He loves it. He's a great villain.
But I'm saying he's hated here, yeah.
Oh, yeah.
He loves it. He loves being there. It's also the longstanding thing with Kat. That's like seven years old already.
But he said New Yorkers don't come to Philly. It's like, dude, literally, you're holding up a sign. Great idea. Say, please come. Anyway, Josh and I are going. Josh is taking Nugget. Tickets are plummeting like a stone. Are they? Cracking hard. Yeah, I might go. Lower bowl is now below 400.
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Chapter 2: How do sports fan dynamics influence investor behavior?
And you can get in for below 200. This might be the worst. This might be the worst Sixers home loss in postseason history. What's about to happen?
Well, I will say. I don't love you saying that. Yeah.
I said might be, not will be.
Pride come, might fall. Be careful.
Seriously. Might be.
And you know, the Knicks. What are they going to do? They can't run.
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Chapter 3: What are the implications of ticket pricing for sports events?
It's not about us. It's about you. I know, but at the end of the day. Dude, don't end of the day.
Eric, they can't. It's about you. You have no bench. Listen. Eric, they can't play Maxie 45 minutes. Yeah. To the point where by the third quarter, he's settling for pull-up threes because he can't even make it coast-to-coast another time.
We shouldn't have traded Jeremy Keane. What was Dow thinking? I don't know. Because we only have seven guys.
You gave him away. Eight with Embiid. You gave him away. By the way, yesterday, I said to my friends, I'm happy. I mean, I'm sorry. I want Embiid to play. I wasn't happy that he would miss a game. You're clearly better without him. The offense is not stagnant. He's a corpse on defense. You guys are better without him. I'm not kidding.
Let me just say one thing. Go ahead. I'm okay if we lose. You know why? Because we beat the Celtics. F*** them. The Celtics... have owned us for 10 years.
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Chapter 4: How does the conversation shift to market trends and investment strategies?
This was like defeating the dragon. It was a great win. This is like- At game seven in their backyard. Oh, we beat them three times in TD and it was glorious and it felt good. I was like, we're going to win this game. I don't have that feeling with the Knicks. I'm like, I think they're going to win.
I am actually happy that you guys beat the Celtics.
Me too. But if you were playing the Celtics, I would become a Knicks fan. Like you would, you have no idea. I hate the Celtics. Knicks are my second favorite team. Really? But F you for now.
He's been in New York long enough.
Yeah, no, I was here in the late 90s for Larry Johnson's four-point play. I was on a rooftop in Brooklyn at a party. No kidding. In my early 20s. And Alan Houston hitting the dropper against Miami. Against Miami. So I was there for that Latrell Sprewell run where they lost the Sands.
But that was so fun. It was a great run. The Sixers are very likable, except them being. Like, Edgecombe and Maxey are very likable.
Yeah. And Max is incredible. And you know what? You're going to have them for, like, that's your core now for years, hopefully, for years to come.
And those are great players. I agree. Edgecombe, his energy, he's really good at guarding. Brunson's going to score anyway, but I thought Edgecombe did a good job. He gets over screens and he gets back on Brunson. He did great. He's good. Go to the game. One of your dumbass bench players messed with Edgecombe at the end of the game. Did you see that?
Yeah. Yes, I saw the chirping.
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Chapter 5: What personal investment experiences shaped Eric's views on ETFs?
We're so jaded. Nobody cares. I know, but that's amazing. And I agree. People have to sometimes remember how that took a long time to get to.
Eric, people that never called a broker on the phone.
How much did it cost to buy a mutual fund back in the day? The transaction fee.
So I don't think I've ever told this story here before. And it only takes 10 seconds to tell. The first time I ever bought a stock Ever, ever. I was 18 and I called my dad's broker. And his name was Jerry. And he was at Merrill Lynch in like Huntington, Long Island.
Chapter 6: How do active and passive ETFs compare in today's market?
And just mocking me the entire time. Like, oh yeah, you want to buy? What do you want to buy? Like... And I don't even blame him. Like, looking back in hindsight, I don't blame him. I totally get it. It's like, oh, I got to take this call on my f***ing client's son. Hang on. Hang on a sec, guys.
I can almost picture the golf putter in his hand as, you know, the cordless phone in between his chin and his shoulder. So I, for whatever reason, I gave him some ticker symbol of some stupid oil stock somebody told me to buy. The whole experience was so humiliating. And I knew it at the time. I was old enough to know that I was being mocked, right?
Chapter 7: What trends are emerging in the ETF landscape?
Most people even aren't. And then... Of course, the stock goes down five points. It was like 13. I went to eight. I was so humiliated by the purchase. I was afraid to call him and ask him why it was down. And like that stuck with me. So I'm with you. Anytime I see somebody creating something, ways for people to not have to go through that and be able to invest. I do think it's punk rock.
I do think it's cool. And we probably take for granted how much easier it is today for an 18 year old to put their first trade in and not feel like a total fucking asshole versus even 25 years ago, or maybe even 15 years ago. How do you like me now, Jerry?
Chapter 8: How are prediction markets influencing investment strategies?
So.
By the way, speaking of punk rock.
Joey's probably a fan of the show now.
Speaking of punk rock, you make the best metaphors with music, with ETFs. Have you not been to a concert at Future Proof?
No. Well, okay. I feel like we haven't seen you. First of all, the future proof, you tend to have it right after Labor Day. Yeah. Is that a big one for you? Well, it's the first week of school. I have two young kids. It's a weird time. I got to go out there. It looks great. And you have the one in Miami that competes with Vetify.
We're two weeks after Labor Day this year.
But I went to the first one when it was called what? No, no, no. No, no. It wasn't called Future Proof.
No, don't even try it.
This was like when Pearl Jam was called Honor Friday. No, Radiohead was called Honor Friday.
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