Modern WisdomCatch Up 106 | Modern Wisdom Podcast 209
EVERY SPOKEN WORD
130 min read · 25,644 words- 0:00 – 0:32
Gary Vaynerchuk, sleep deprivation, and the “camera-on-me” content machine
- CWChris Williamson
As much as I don't like Gary Vaynerchuk and I'm certain that he's going to die young because he doesn't sleep enough, he, uh ... which, like, tell me that's not the truth, by the way.
- YFYusef (Propane Fitness)
No, he, he looks so tired.
- JFJonny (Propane Fitness)
Yeah.
- YFYusef (Propane Fitness)
Like, he's just shot.
- CWChris Williamson
Constantly (censored) .
- JFJonny (Propane Fitness)
So in terms of comprehending a trillion compared to a million, a million seconds is 11 days, a trillion seconds is 36,000 years.
- CWChris Williamson
What's your thoughts on people's criticisms about Bezos becoming the first trillionaire?
- JFJonny (Propane Fitness)
I mean, that, well, as we've just discussed, is mental.
- CWChris Williamson
Sans one Achilles since the last time that you spoke to you him.
- JFJonny (Propane Fitness)
Yeah.
- 0:32 – 1:33
Back in the studio: explicit ratings, Apple Podcasts takedowns, and Dexter the dog
- CWChris Williamson
I made a meal of it, I think he would say. By way of scaling the what happened question, I can just say it once and then link people to this podcast, so ... Ladies and gentlemen, welcome back. I'm joined by Johnny and Yusef from propanefitness.com.
- YFYusef (Propane Fitness)
Do you ever say, "Ladies and gentlemen, boys and girls?"
- CWChris Williamson
Uh, no, because this is an adult show for adult people. But we're also joined by-
- YFYusef (Propane Fitness)
You kicked the explicit rating.
- CWChris Williamson
Yeah, yeah, of course it is. That's the number one reason. Not having the explicit rating, correct, is the number one reason shows get taken down off the Apple Podcasts store.
- JFJonny (Propane Fitness)
Wow.
- YFYusef (Propane Fitness)
Just accidentally slip in a, a C-bomb or something and then-
- CWChris Williamson
Yeah.
- YFYusef (Propane Fitness)
... that's it, done.
- CWChris Williamson
Oh, this is made for children. Um, Johnny's brought his dog. Johnny, can we see your dog? Can we see Dexter? Look at you.
- JFJonny (Propane Fitness)
All black features.
- CWChris Williamson
Yeah, he is.
- JFJonny (Propane Fitness)
Can't see his face until he's looking to the side and then you're like, "Oh right, that's his face."
- CWChris Williamson
That's a dog.
- JFJonny (Propane Fitness)
Yeah.
- CWChris Williamson
Yeah.
- JFJonny (Propane Fitness)
There he is.
- CWChris Williamson
You're right, it is cinnamon.
- JFJonny (Propane Fitness)
It is cinnamon.
- CWChris Williamson
(laughs)
- JFJonny (Propane Fitness)
How's everyone doing?
- 1:33 – 4:25
Chris’s Achilles rupture story: cricket comeback, “shot in the leg,” and getting run out
- CWChris Williamson
Yeah, I'm okay. I'm sans, sans one Achilles since the last time that you spoke to you him.
- JFJonny (Propane Fitness)
Yeah. Yeah.
- CWChris Williamson
Which is a-
- JFJonny (Propane Fitness)
Big event.
- CWChris Williamson
It's a, it was, it was, uh, impressive, yeah. I made a, I made a meal of it, I think he would say.
- JFJonny (Propane Fitness)
It's impressive how you felt at the time? I imagine not.
- CWChris Williamson
No.
- JFJonny (Propane Fitness)
You were like lying on the ground going, "Fair enough."
- YFYusef (Propane Fitness)
I was in full cricket whites.
- CWChris Williamson
In full cricket whites.
- YFYusef (Propane Fitness)
I think that's the key factor.
- CWChris Williamson
Yeah. So I might as well, by way of scaling what happ- the what happened question, I can just say it once and then link people to this podcast. So-
- JFJonny (Propane Fitness)
Nice.
- CWChris Williamson
... I decided to start playing cricket again after 12 years of absence. Um, went and netted at a local team, got picked, played last weekend, um, went into bat, and was playing pretty well, 20 not out, couple of boundaries. Only one, only one chance that I, that I gave away. Pretty difficult, but it was all right. Set off for a run, pushed off with my right foot, and, um, just felt like I'd been shot in the back of the leg, but no pain, which is like pretty weird. Uh, set off, left foot fine, then went to put my right foot down and it was just like stepping on like a wobble board. Basically couldn't support my weight. Thought, "I think I've snapped my Achilles." Then hit the deck, then the bastards that I was playing against ran me out. So as I was on the floor with a snapped Achilles, they decided to run me out as opposed to just leaving me be (laughs) , which I was like, "Uh, uh, come on, mate. I don't, uh, missing, I've lost a lot of blood here, uh, missing an Achilles-"
- JFJonny (Propane Fitness)
Did you-
- CWChris Williamson
"... missing an Achilles here." Um, then ended up at the RVI. Dad took me to the RVI. Um, but no, the lack of pain was kind of quite weird.
- JFJonny (Propane Fitness)
Could you walk, walk off though? Or do you have to get like-
- CWChris Williamson
No.
- JFJonny (Propane Fitness)
... did you get stretchered off?
- CWChris Williamson
Um, like two arm, you know, like arm around either player?
- JFJonny (Propane Fitness)
There's not like an on, an on-hand doctor or physio or something there?
- CWChris Williamson
No.
- JFJonny (Propane Fitness)
No?
- CWChris Williamson
The onl- the closest doctor was Dr. Yusef Smith, um-
- JFJonny (Propane Fitness)
Lescone.
- CWChris Williamson
The, the le scob, yeah. Um-
- JFJonny (Propane Fitness)
Dr. Scob. (laughs)
- YFYusef (Propane Fitness)
I have a question.
- CWChris Williamson
Hit me.
- JFJonny (Propane Fitness)
(laughs)
- 4:25 – 10:55
Hospital visit, swelling, and the Achilles test (plus the “I am cinnamon” meme)
- YFYusef (Propane Fitness)
Odd. My favorite thing about the whole episode is, is turning up to hospital and just seeing someone in full cricket whites and thinking, "Oh, that's not Chris."
- CWChris Williamson
Oh, lads.
- YFYusef (Propane Fitness)
And then slowly, "Oh, here we go."
- CWChris Williamson
Well, that was the thing. Like if you play pretty much any other sport, tennis, football, you turn up and you're in shorts, it's kind of easy, it's at least slightly inconspicuous, maybe he just dresses like that. But like full, full cricket whites, um, which were brand new because my old ones were from when I was like 20 years old. So I had to get cut out of the cricket whites once I had the boot on, I had to get cut out of a, uh, uh, a brand new set of socks to get to my foot, 'cause my foot had swollen up. It was a big, a big elephant foot.
- YFYusef (Propane Fitness)
It's a fat foot.
- CWChris Williamson
Yeah, very boggy.
- YFYusef (Propane Fitness)
Boggy.
- CWChris Williamson
Very, how's the boggy? Uh, so yeah, just went in-
- YFYusef (Propane Fitness)
(laughs)
- CWChris Williamson
... um, a, a lady looked at me and went, "Oh, uh, you've, it's gone that." Um-
- JFJonny (Propane Fitness)
Gone that. Crackers, crackers you.
- CWChris Williamson
Crackers you. And that was it. Um, I was cinnamon from there on. They put me in a boot and, uh, sent me home.
- JFJonny (Propane Fitness)
So if you squeeze where your Achilles tendon should be-
- CWChris Williamson
Yeah.
- JFJonny (Propane Fitness)
... do you just feel, you just pinch skin?
- CWChris Williamson
How do you describe, 'cause you did that.
- YFYusef (Propane Fitness)
The, that's the test. So, um, you have someone have their, their shin flat and you squeeze their calf, and if the foot goes, then the Achilles is attached. And if you squeeze the calf and the foot's just, then bad news.
- CWChris Williamson
Safe foot. Yeah. Then it's cinnamon. Um, but yeah, so the-
- YFYusef (Propane Fitness)
We're gonna have to explain the cinnamon thing.
- CWChris Williamson
It's just a video. So Dean, can you make the "here I come, I am cinnamon" clip appear right now, please?
- YFYusef (Propane Fitness)
Here I come, I am cinnamon.... video. Video! Here I come, I am cinnamon!
- JFJonny (Propane Fitness)
Is it, is it not a reference to something though? Is that not why the kid shouts it? I feel like he's- It's a- ... not just making it up. I think so.
- YFYusef (Propane Fitness)
So, it's a second-level thing. Is it copyrightable to include "Here I come, I am cinnamon" in a podcast? I mean, Joe Rogan does it all the time, so.
- CWChris Williamson
Don't care. Don't care.
- JFJonny (Propane Fitness)
Does he say, "Here I come, I am cinnamon" in a, in a podcast? I feel like he doesn't.
- CWChris Williamson
I don't think so.
- YFYusef (Propane Fitness)
No. (laughs) He gets Jamie to pull up some-
- CWChris Williamson
It's just a fat-
- JFJonny (Propane Fitness)
Oh, right.
- CWChris Williamson
It's a fat, it's a fat ginger German child running through a, a gym room-
- 10:55 – 13:35
Treatment decision: surgery vs conservative management, athletes’ outcomes, and clot risks
- CWChris Williamson
Yeah. He's, he's two orders of, of, uh, uh, magnitude down from whatever you thought. So yeah, that was it. That was it. Got in, got in hospital, um, and then there was some weird stuff. So I've been reached out by like tons and tons of people. And again, this is not the Achilles podcast, but just, it may happen to you, it may happen to your, like someone that you know and it's a pretty common injury. Like I've had four people message this week since Saturday saying that they've ruptured their Achilles, um, like-
- YFYusef (Propane Fitness)
What? That they've ruptured it since Saturday?
- CWChris Williamson
Yes.
- JFJonny (Propane Fitness)
Since they saw that you ...
- CWChris Williamson
Yes.
- JFJonny (Propane Fitness)
Gosh.
- CWChris Williamson
And that's ... Two of them are in ... One was in Sunderland and one was in the RVI like on Tuesday. Um, so there's this new conservative management approach which is what I got Yusuf to do a literary review. Like I tried to get Yusuf to do as, as comprehensive a review of all of the material he could get from British Medical Journal under the table while I was speaking to the doctor. So he's like, "Right, mate. So do you fancy, uh, should we operate or do you want to go for conservative management?" And I'm like, "Yusuf can you just check what is the long-term athletic function outcomes from a-"
- JFJonny (Propane Fitness)
(laughs)
- CWChris Williamson
Um-
- YFYusef (Propane Fitness)
(clicking)
- CWChris Williamson
Yeah, yeah. (clicking) I've, I've started active campaigns. So-
- YFYusef (Propane Fitness)
(laughs)
- CWChris Williamson
(laughs) How do I know? Um-So, uh, long, long story short, at the moment there's a trial going on to see if they can not open people up and they can do it just by pushing your foot down like a ballerina toe and allowing the ends of the tendon to grow back together naturally.
- YFYusef (Propane Fitness)
Right.
- CWChris Williamson
Um, long story short, I haven't found many people that have gone conservative management and don't have a caveat to their recovery. So most people have said, "It's fine, but, um, I have loss of function, loss of sensation, loss of mobility." Whereas, like, Kobe Bryant, operated on, David Beckham, operated on, everyone else that I know that's a higher-end athlete, operated on, and none of them have caveats to their recovery.
- YFYusef (Propane Fitness)
Right.
- CWChris Williamson
So, like, there's some risks with surgery. Obviously there'll be open wounds. There's, like, blood thinners that I need to take for six weeks in case I get a blood clot. Uh, like other basic pieces.
- JFJonny (Propane Fitness)
Is it full anesthetic or is it local or?
- CWChris Williamson
Oh, no. So in the, in the side of the knee, uh, numb the whole leg.
- YFYusef (Propane Fitness)
Right.
- CWChris Williamson
Then local anesthetic. Then bottle of morphine to take home with me, um, which is hopefully not going to be needed, but might as well take it.
- JFJonny (Propane Fitness)
I think if you're given permission to, to take morphine-
- CWChris Williamson
Just have a crack, yeah.
- JFJonny (Propane Fitness)
... you're just like... Well, like, you don't, you don't go, "Oh, no, no. That's irresponsible."
- CWChris Williamson
Yeah. Well, that's, uh-
- JFJonny (Propane Fitness)
You think, like, "A doctor's told me to do this, so."
- 13:35 – 16:56
Painkillers culture: US opioids, oxycodone stories, and delirious post-op behavior
- CWChris Williamson
So I got a message off a guy in America and he was talking about how he was using Tylenol and one of those other, like, real popular opiates that are used by middle-aged women. Um, and he, he, it was all these like, "Oh, I had Tylenol every eight hours and this, ostranezol every four hours."
- YFYusef (Propane Fitness)
Americans love painkillers, though.
- CWChris Williamson
Yeah.
- YFYusef (Propane Fitness)
They absolutely love-
- JFJonny (Propane Fitness)
That's different in, that's different in Nitol, isn't it?
- CWChris Williamson
Yes, sadly.
- JFJonny (Propane Fitness)
Just to clarify. Right. It's not the same thing.
- CWChris Williamson
Um, and then, um, I w- a- and then I was told, "Well, you're gonna get a small bottle of morphine to take home with you." I was like, hang on, why is America in the 21st century and I'm stuck in World War I? Like, what's going on here? (laughs)
- JFJonny (Propane Fitness)
Just profit, isn't it?
- YFYusef (Propane Fitness)
But they have, like, an opiate epidemic or opioid epidemic. Like, they're using Oxy... giving people oxycodone to take home, like, just willy-nilly.
- CWChris Williamson
That's it. That's what, that's what he said. That's, that was the drug.
- YFYusef (Propane Fitness)
Yeah.
- JFJonny (Propane Fitness)
Are they not called different things in the US 'cause it's, like, the brand that they're called?
- YFYusef (Propane Fitness)
Yeah, it's like OxyContin or something. But-
- CWChris Williamson
Yeah.
- YFYusef (Propane Fitness)
... um, I've had oxycodone after my ball surgery and it is very strong.
- CWChris Williamson
What's, what's the sensation? (laughs)
- YFYusef (Propane Fitness)
(laughs) Like if you, have you ever seen David after the dentist? Is the... It's a, so many viral video references today. But it's this kid who's come out of the dentist and he's, um, he's, like, rolling his head around in the back of the car and just, like, just shit talking his dad. And his dad-
- CWChris Williamson
(laughs) He's just been given strong pain medication.
- YFYusef (Propane Fitness)
Yeah. (laughs) And his dad's just like... Just filming him.
- CWChris Williamson
Videoing him.
- YFYusef (Propane Fitness)
And it was like that. Like, I was just smack talking to the nurses, like...
- JFJonny (Propane Fitness)
I would honestly-
- CWChris Williamson
I would pay-
- JFJonny (Propane Fitness)
I would love to see that footage.
- CWChris Williamson
... so much money.
- JFJonny (Propane Fitness)
I think that would be the funniest thing 'cause you've just had ball surgery and you're just being unpleasant to people.
- CWChris Williamson
"Listen, bruv, I'll wreck you yet. I'll get you, man."
- YFYusef (Propane Fitness)
No, I, to be fair, I don't think it was, I, I wasn't being aggressive with them. I was, um, just very delirious.
- CWChris Williamson
I'm fucking telling you, man.
- 16:56 – 20:48
Hustle books and guru culture: Gary V ghostwriting, book reviews, and Grant Cardone takedown
- CWChris Williamson
Um, but yeah, so, like, Gary Vaynerchuk, I didn't realize this, but all of his books, he just sits in a room with a ghostwriter for, like, a day and just talks at him. Then the ghostwriter goes away with 10 hours of Gary Vaynerchuk recording and converts it into a book.
- JFJonny (Propane Fitness)
Books it. Have you ever read any of his books?
- YFYusef (Propane Fitness)
That's impressive. That's really impressive.
- CWChris Williamson
I've got a copy of Jab, Jab, Jab, Right Hook down there, uh, but no, I haven't read it.
- JFJonny (Propane Fitness)
I've read, I think it's called Crush It.
- CWChris Williamson
Mm-hmm.
- JFJonny (Propane Fitness)
Which was quite, it was quite a tough read.
- CWChris Williamson
Why?
- JFJonny (Propane Fitness)
Uh, like, it's good, but it's just, it is just a bit like, just do loads of stuff on the internet for a very long time and eventually you'll, like, earn an all right living from it.
- YFYusef (Propane Fitness)
So something that I would pay to subscribe to is Johnny Watson book reviews because Johnny's threshold for what is a useful book is so high-
- CWChris Williamson
Yeah.
- YFYusef (Propane Fitness)
... that it's fun. So, like, the, his review of the Grant Cardone 10X Rule (laughs) he's gonna spit out his drink.
- CWChris Williamson
What was that? I haven't heard this one.
- JFJonny (Propane Fitness)
It's just ... So have you, have you ever read The 10X Rule by Grant Cardone?
- CWChris Williamson
No.
- JFJonny (Propane Fitness)
It's basically just, like-... 10X everything that you think about. So like if you think about something, it, like, 10Xs.
- CWChris Williamson
What's that mean?
- JFJonny (Propane Fitness)
And the whole thing of like... Well, precisely.
- CWChris Williamson
(laughs)
- JFJonny (Propane Fitness)
And this, this whole thing of, like, taking, taking massive action. I... No one's ever been able to explain how that's distinct from just completing a task.
- CWChris Williamson
(laughs)
- JFJonny (Propane Fitness)
Like, why is that diff- why is that any different? Is it just that it's a big, important task, therefore the action's massive?
- CWChris Williamson
Yeah.
- JFJonny (Propane Fitness)
It's weird.
- YFYusef (Propane Fitness)
Like, I'm a- we're already doing action.
- JFJonny (Propane Fitness)
Yeah, everyone's already just-
- YFYusef (Propane Fitness)
Can't do the action any faster.
- JFJonny (Propane Fitness)
... completing tasks all day, so it's just a case of picking the right ones to do, but everyone knows that already.
- CWChris Williamson
Isn't it in-
- YFYusef (Propane Fitness)
Just because it makes you feel hardcore and-
- 20:48 – 25:27
When gurus collide: Jordan Belfort vs Grant Cardone, cult followings, and contrapreneurs
- JFJonny (Propane Fitness)
You've both seen... Just on the Grant Cardone, you've both seen the Jordan Belfort/Grant Cardone interview?
- CWChris Williamson
Yeah.
- JFJonny (Propane Fitness)
If anyone's got, like, 90 minutes free and thinks, like, "I'd like to watch a bit of YouTube," it's just some of the most, like, awkward, uncomfortable...
- CWChris Williamson
(laughs)
- JFJonny (Propane Fitness)
Two fairly big names, um, just, he's just sat there, like someone's going to really get angry with you.
- CWChris Williamson
I thought, I thought Grant came out of that really badly.
- JFJonny (Propane Fitness)
Yeah.
- CWChris Williamson
Like Jordan, Jordan's supposed to be this... Jordan has lived the life that Grant is pretending to live, like this big dick, high money, status, all the birds, all the drugs, this sort of thing.
- YFYusef (Propane Fitness)
Mm-hmm. Mm-hmm.
- CWChris Williamson
Um, and Grant just kept trying to one-up him. And to his credit, Jordan just played the host role. He was like, "Yeah, oh, okay, okay, okay." Like, but try and ask a question, try and tie him down to a point. And then like you said, Grant, I can kind of see, reflecting on that interview, I can now guess what the book's about because it's, it's very, um...
- YFYusef (Propane Fitness)
Substanceless. (laughs)
- CWChris Williamson
Yeah. Have you seen those, like those fake, um, martial arts masters that do, like, the Touch of Death-
- YFYusef (Propane Fitness)
Oh, yeah.
- CWChris Williamson
... and then people-
- JFJonny (Propane Fitness)
Yeah, yeah.
- CWChris Williamson
... like five people fall down on the other side of the room? It's, it's kind of a little bit like that. And then putting him in a room with Wolf of Wall Street was like when you see those guys go in the ring with a UFC fighter-
- JFJonny (Propane Fitness)
Yeah.
- CWChris Williamson
... and they just get their face caved in.
- YFYusef (Propane Fitness)
There's a huge cult following behind these people, 'cause even the students of them, it's not like they're paid to believe it, but they really buy into the whole thing, like, "Oh, this is the guru, this is the master," and they, and then they defend him from... And if, and if there is a fight, they go, "Oh, it's because of the bad energy in the room and it disrupted the, like, conduction of the waves," and...
- JFJonny (Propane Fitness)
But have you ever... He does, like, 10X, 10X conferences that are huge, that are done in stadiums in the US, and he fills, like, football stadiums with people. And it's a big, like... I think he had Floyd Mayweather there-
- CWChris Williamson
Yeah.
- JFJonny (Propane Fitness)
... last time.
- CWChris Williamson
Yeah. I've seen him go, go on stage with, with him. Great man.
- JFJonny (Propane Fitness)
Yeah. But it, it's just when Jordan asks him about, like, "How does, like, Cardone Capital work?" And he just doesn't really answer the question. Or like, "How do you sell?" And he just doesn't, also doesn't really answer the que-... And then Grant just accuse him o- a- accuses him of being on drugs, and that's just the thing that he does then.
- CWChris Williamson
(laughs)
- JFJonny (Propane Fitness)
Like, "Oh, well, you were, you were on drugs, so obviously it worked for you." It's like, he has had a film made about him where Leonardo DiCaprio played him.
- YFYusef (Propane Fitness)
It's like a military fighter jet.
- CWChris Williamson
Yeah.
- YFYusef (Propane Fitness)
And like a, a plane, like a, a Boeing plane that someone's just painted, like, dark green.
- CWChris Williamson
(laughs) Yeah, it is. (laughs) Oh, man. I don't know. It's weird, right? Because these people, unless someone brings them down to earth, they're just gonna con- be able to continue floating through life, presuming that everything's fine. And maybe everything is fine. Maybe, maybe Grant Cardone isn't doing anything wrong, but it kind of feels like he's a bit of a dick.
- 25:27 – 29:35
Big money and irrational markets: Bill Ackman’s COVID hedge, Tesla mania, and sentiment decoupling
- CWChris Williamson
Avon. Is Avon a pyramid scheme? I think the, all these things are gray areas and quite hard to, 'cause it, there was th- there was that guy who, that documentary called Betting on Zero- Yes.
- YFYusef (Propane Fitness)
So good.
- CWChris Williamson
... where that, that guy was convinced that Herbalife's a pyramid scheme so he just shorted it with his hedge fund- Do you know- ... and just held a huge short position. So you know that that guy, uh, what's his name? What was the guy's name that did it? I'm gonna have to get it up. Um- I can't remember. He's made the most money, the best trade in history this year.
- YFYusef (Propane Fitness)
Is it on Wall Street Bets? (laughs)
- CWChris Williamson
No, it's not. Bill Ackman, okay? So- Oh right, yeah. Bill Ackman, um, this year decided that he was going to take out a very specific type of, um, insurance against, there it is, 2.6 billion big short. So it's called like the new big short basically. Hedge fund chief bets on stock market recovery after profiting from coronavirus sell-off. In late February, Bill Ackman began worrying about the approaching coronavirus pandemic. He was concerned that he contemplated selling all the holdings of the ingress- investment group he founded almost two decades ago, instead working from his study from home. Mr. Ackman made a series of trades designed to hedge Pershing Square's portfolio, that is, to protect it in the event of a market sell-off. Within a month, the trade had returned $2.6 billion of profits, captivating the hedge fund world and thrusting one of its most controversial stars back in the limelight. Uh, new information-
- YFYusef (Propane Fitness)
What was the size of the trade?
- CWChris Williamson
Uh, I'm trying to see it here. It doesn't really seem to have-
- YFYusef (Propane Fitness)
What a stressful life.
- CWChris Williamson
Got to be fairly weighty.
- YFYusef (Propane Fitness)
Like turning up to your desk and being like, "Oh, I'm, I'm a bit worried about this impending coronavirus pandemic so I should maybe do something to-
- CWChris Williamson
Put a couple of billion on it.
- YFYusef (Propane Fitness)
... hedge my portfolio against it." Yeah.
- CWChris Williamson
Unbelievable. Paid off though, hasn't it? Unbelievable. Uh, and it, the guy that was the person featured in The Big Short, the guy that Christian Bale- Yeah, the main guy. Yeah, that Christian Bale played.
- YFYusef (Propane Fitness)
Mm-hmm.
- CWChris Williamson
Um, it's basically being compared to his trade except for the fact that Bill Ackman-
- YFYusef (Propane Fitness)
Michael ...
- CWChris Williamson
Yes.
- YFYusef (Propane Fitness)
Michael something.
- CWChris Williamson
Michael someone. Um, except for the fact that Bill Ackman did his in a month. (laughs) So hold on. So he, he predicted the coronavirus and so put on a short position? No, he just saw the coronavirus in early February and predicted that the impact of the coronavirus would be bigger than most people were going to expect then kind of-
- YFYusef (Propane Fitness)
Right. Don't we all wish we'd shorted in February?
- CWChris Williamson
And then gone long Tesla in February because it's four times-
- YFYusef (Propane Fitness)
Ah, yeah.
- CWChris Williamson
... the stock price now.
- YFYusef (Propane Fitness)
(laughs) It's insane.
- CWChris Williamson
Why- It's why these people are billionaires, isn't it? Just white knuckle ride. Why's that, why's that happened, Sef? You, you had a, an interesting insight. You said kind of like market sentiments become decoupled from value.
- YFYusef (Propane Fitness)
Yeah, exactly. That, that you've got companies like Tesla that have almost become separate, they've become completely decoupled from the stock price. It's no longer about the valuation of the company, it's just like well, screw it, because the whole market is completely irrational now, the index is just unpredictable, we're like, more and more people are becoming YOLO traders and sentiment is now just becoming the like, "I'm sat at home, I'm wound up, I'm just gonna start trading stuff." Like here's Elon just tweeting illegal stuff about his stock price and oh, he's on Joe Rogan, here he is smoking a joint, like he's cool, okay. And it just-
- CWChris Williamson
Let's bet on him.
- YFYusef (Propane Fitness)
Yeah. (laughs)
- CWChris Williamson
Didn't he tweet something saying like Tesla's under- underpriced at the moment in my opinion? Tesla stock price too high IMO. Too high. That was it.
- YFYusef (Propane Fitness)
Christ.
- 29:35 – 35:06
Elon Musk’s ‘attack vectors,’ Boring Company tunnels, and law lagging behind tech
- CWChris Williamson
Surely he must own a good percentage of it. Someone that knows, tell us, tell us how it works please in the comments below. Um- I imagine Elon knows how it works. Elon does know how it works. (laughs) But then also, I don't think that he gives one fuck. (laughs) I don't think he cares. He's just sold all his possessions because they're an attack vector. I know. That's brilliant, isn't it?
- YFYusef (Propane Fitness)
(laughs)
- CWChris Williamson
I think that's brilliant.
- YFYusef (Propane Fitness)
He's gone full ...
- CWChris Williamson
When, when, when Rogan asked him that and he was like, "They're an attack vector." Like that is a man that's just on a different, he's in a different world to everybody else-
- YFYusef (Propane Fitness)
On a separate level.
- CWChris Williamson
Like I have to have a Tesla for obvious reasons, for testing.
- YFYusef (Propane Fitness)
That, that's why his opinions-
- CWChris Williamson
I, I'm glad that I'm renting.
- YFYusef (Propane Fitness)
... on aliens and living in a simulation and stuff, I'm like, "Do you know what? He's probably thought about it."
- CWChris Williamson
Yeah. (laughs)
- YFYusef (Propane Fitness)
He's done the work hasn't he?
- CWChris Williamson
There's an interview with him where he's like ...
- JFJonny (Propane Fitness)
... he talks about how he's like frustrated that he won't probably, he probably won't be alive when we, by the time we get to Mars.
- CWChris Williamson
Is it gonna take that long?
- JFJonny (Propane Fitness)
It's crazy to have, it's crazy to have such a, s- so many levels of Maslow's hierarchy sorted that the thing you think about on a daily basis is like building roads under the surface of the Earth to sort out congestion and getting the human race to Mars.
- CWChris Williamson
There's a video that's pretty cool for, if people wanna watch it, where him and Jay Leno get in a prototype of the Cybertruck. Have you seen this?
- JFJonny (Propane Fitness)
Uh, no.
- CWChris Williamson
So they, in LA, Elon Musk turns up outside with a Cybertruck. Jay Leno's, it's like Jay Leno's Car Garage thing. He, he, it's kind of like Top Gear but on YouTube. It's pretty good. Um, and then they take one of the tunnels, like Boring Company tunnels, for a mile, in the Cybertruck. And then, it like, they just start in the middle of some car park and then arrive in whatever is like SpaceX's, uh, offices essentially. Take this huge elevator up by like 500 feet when they get to the end of the tunnel.
- JFJonny (Propane Fitness)
And is that real, that tunnel?
- CWChris Williamson
Yes.
- JFJonny (Propane Fitness)
Right.
- CWChris Williamson
Well, I mean, what do you mean?
- JFJonny (Propane Fitness)
I didn't know he'd actually built any, like there is a legit tunnel that-
- CWChris Williamson
Actual tunnel-
- JFJonny (Propane Fitness)
... Elon Musk of.
- CWChris Williamson
... which is a couple of, maybe a mile long or a couple of miles long-
- JFJonny (Propane Fitness)
Right.
- CWChris Williamson
... under LA. You drive in on one end and get an elevator, a car elevator up at the other end and it actually happens and it fits a Cybertruck in.
- JFJonny (Propane Fitness)
I thought he wanted to like-
- 35:06 – 37:20
Travel and consumer weirdness: Iceland’s eggy showers, Skyr yogurt, and ‘macros wizardry’
- CWChris Williamson
Remember when we went to Iceland-
- JFJonny (Propane Fitness)
Yeah, it's the wrong tool for the job.
- CWChris Williamson
... and we saw some geezers.
- JFJonny (Propane Fitness)
Actual geezers.
- CWChris Williamson
Yeah, it was eggy.
- JFJonny (Propane Fitness)
Very eggy.
- CWChris Williamson
Eggy bread.
- JFJonny (Propane Fitness)
Very cold.
- CWChris Williamson
If you can consider-
- JFJonny (Propane Fitness)
It feels funny 'cause I've, there's certain like-
- CWChris Williamson
If you're considering going to Iceland, it's very sulfury. Everything's just quite sulfury, isn't it?
- JFJonny (Propane Fitness)
Smells of egg. The water in the showers smell of egg and everything's extremely expensive and extremely cold.
- CWChris Williamson
(laughs)
- JFJonny (Propane Fitness)
It's when you're sat in, it like having to crouch in an eggy shower nursing your, your meningitis and your-
- CWChris Williamson
(laughs)
- JFJonny (Propane Fitness)
... and your shamed dog.
- CWChris Williamson
(laughs)
- JFJonny (Propane Fitness)
And your wallet. And your wallet. Yeah.
- CWChris Williamson
The wallet. With sensation only in one leg.
- JFJonny (Propane Fitness)
You went to like the... You went to the corner shop, the cheapest thing to buy was Lucky Charms and a full Domino's pizza and that's all you can eat for... Or you go to like the local Mexican restaurant and have to like take out a payday loan to get the-
- CWChris Williamson
(laughs)
- JFJonny (Propane Fitness)
... to get a side.
- CWChris Williamson
But then you have some salty licorice in a big packet and it's all okay. Um-
- JFJonny (Propane Fitness)
That's skyr yogurt, man.
- CWChris Williamson
It's so good, isn't it? I, have you tried that Lindal's clag?
- JFJonny (Propane Fitness)
I've not. No, I've not. It looks good though. They're too, they're too, they're too small for me, Chris, that's the main objection.
- CWChris Williamson
No.
- JFJonny (Propane Fitness)
Do they do them in larger tubs?
- CWChris Williamson
Uh, they do not, no. However, Arla have started to do a, an equivalent basically which is again another sort of 20% larger. But dude, the macros on it, there is some wizardry going on there.
- JFJonny (Propane Fitness)
Mm-hmm.
- 37:20 – 39:17
Measurement is messy: gym plate calibration, cable stack numbers, and ‘consumer lock-in’
- JFJonny (Propane Fitness)
Yeah. And everyone, every- meanwhile, everyone's gaining weight because of Quest Bars. If anyone's tracking's that precise, like, 'cause the thing about tracking is it's, it's all just arbitrary anyway. As long as it-
- YFYusef (Propane Fitness)
Even with weights at the gym, which is amazing. So there's a, there's a gym that, I think it was Technogym plates, where I was looking up the calibration and it's like 20% or something, or 10%. And so you're like, well, that could be 200 kilos on the bar and it could be anything from 180 to 220.
- JFJonny (Propane Fitness)
Mm-hmm. Yeah, it's fine when you're, like, sub 100, isn't it? You know, it's nothing if someone starts dying.
- YFYusef (Propane Fitness)
Then it starts to really- yeah.
- JFJonny (Propane Fitness)
But as soon as you start getting up to some big numbers, it's like someone's gonna have a real accident here, if we're not careful.
- YFYusef (Propane Fitness)
'Cause it was always the case where, like, you'd, you'd go to a different gym and you'd either hit mad PBs or you would be like, "Oh my God, I'm really struggling today." Like-
- JFJonny (Propane Fitness)
It's on the, on the cable stuff where, like, in one gym it says 30, and then another gym it says 30 and it's, like, immovable. And you're like, surely the, the 30 doesn't mean anything. It's just an arbitrary-
- CWChris Williamson
(laughs)
- JFJonny (Propane Fitness)
It's just a relative measure on a unit stack.
- YFYusef (Propane Fitness)
It's a unit.
- JFJonny (Propane Fitness)
Yeah. (laughs)
- CWChris Williamson
It's, it's only useful to the people that go to that gym.
- JFJonny (Propane Fitness)
Yeah.
- CWChris Williamson
It's just a way for you to anchor how difficult that set's going to be. Oh, it's going to be-
- YFYusef (Propane Fitness)
Well, I couldn't leave it without that gym, so.
- CWChris Williamson
I aren't able to leave it either. Um, but Goldstar's a perfect example of that, man. Like, when you've got weights that are older than some of the people that are lifting them and there's like-
- JFJonny (Propane Fitness)
Older than time.
- CWChris Williamson
... actual chunks of matter-
- JFJonny (Propane Fitness)
Yeah, yeah.
- CWChris Williamson
... missing from them. It's like you're always going to feel like you're able to lift more in that gym because a 50 is like a, a 35.
- JFJonny (Propane Fitness)
Yes.
- YFYusef (Propane Fitness)
It's very clever. It, it's consumer lock-in. It's the same way that one password or last pass, like, keep you locked into their system because there's no export feature. So you can't then export your training data outside of that gym because you're like, "Well, it's all just relative progress to the data I've got."
- CWChris Williamson
(laughs) Because it's calibrated. It's calibrated.
- JFJonny (Propane Fitness)
I love that that, that's obviously a big issue for you, isn't it? A big, like-
- YFYusef (Propane Fitness)
Ah, well-
- JFJonny (Propane Fitness)
If someone were to describe, like, describe your top fives, five worries, it would be the fact that LastPass-
- CWChris Williamson
Consumer lock-in.
- JFJonny (Propane Fitness)
... doesn't have an export feature. (laughs)
- 39:17 – 40:58
Password manager chaos: Google breach warnings, Watchtower jokes, and security whack-a-mole
- YFYusef (Propane Fitness)
So, Chris had an absolute, um, heinous situation with this.
- JFJonny (Propane Fitness)
Did he?
- YFYusef (Propane Fitness)
I tweeted one password about this. Because, and I'm not gonna make any kind of causative claims, but Chris had one password, canceled his membership, and then the next day, what happened?
- CWChris Williamson
You, Google must have some sort of search function where they look for phishing sites and forums that are publishing usernames and passwords that you, that tie in with what you have. Canceled last, uh, one password and it was that night, like within hours, I got a warning that 88 of my passwords were now visible online. I'm like, does it just-
- JFJonny (Propane Fitness)
What, just from Chrome?
- CWChris Williamson
Y- so Google gives you a warning. So as you go to autofill stuff in-
- JFJonny (Propane Fitness)
Oh, right.
- CWChris Williamson
... it, it pops up and says, "This many of your passwords are this." Which, 88 passwords that you need to go and change manually is a task that took weeks.
- JFJonny (Propane Fitness)
Do they tell you which ones?
- CWChris Williamson
Yes.
- JFJonny (Propane Fitness)
I assume not.
- CWChris Williamson
Yes, yes, yes.
- JFJonny (Propane Fitness)
Oh, they do?
- CWChris Williamson
Right.
- JFJonny (Propane Fitness)
Okay.
- CWChris Williamson
Yeah. Well, otherwise, how would you know?
- JFJonny (Propane Fitness)
Well, I don't know 'cause I feel like it's not really Google's responsibility.
- CWChris Williamson
I know. I, I couldn't believe that they had a-
- JFJonny (Propane Fitness)
So for them, for them to provide that kind of service for free for no reason because one password's gone. Oh well.
- CWChris Williamson
Fucking Apple Watch.
- YFYusef (Propane Fitness)
Apple are launching that soon.
- JFJonny (Propane Fitness)
Apple What?
- YFYusef (Propane Fitness)
I think it's called like Apple, Apple Watchtower or something, yeah.
- JFJonny (Propane Fitness)
Watchtower.
- CWChris Williamson
Maybe that's what LastPass did.
- JFJonny (Propane Fitness)
Tim Cook at the top with a, with a telescope.
- YFYusef (Propane Fitness)
But yeah, that is hard.
- JFJonny (Propane Fitness)
Hello down there.
- CWChris Williamson
Fee-fi-fo-fum. I smell the blood of an insecure password that only has three special characters in it.
- 40:58 – 45:28
Wealth scale and billionaire ethics: understanding ‘trillion,’ Bezos criticisms, and giving away money
- JFJonny (Propane Fitness)
Ben sent me this thing recently about the, 'cause is, is Apple valued at a trillion dollars?
- CWChris Williamson
Dunno.
- YFYusef (Propane Fitness)
Wouldn't be surprised.
- JFJonny (Propane Fitness)
Let me see if I can, I can find this.
- YFYusef (Propane Fitness)
While you're finding that-
- JFJonny (Propane Fitness)
Here we go, here we go and I've got it. Got it. So in terms of, in terms of comprehending a trillion compared to a million. So a million seconds is 11 days. Have you heard this before? A million seconds is 11 days. A trillion seconds is 36,000 years. And that really just, 'cause I, I think there was a time, this might be wrong, but I think there was a time where Apple had like a trillion of cash or something. Is that right?
- CWChris Williamson
Really?
- YFYusef (Propane Fitness)
They had more cash than like the national debt.
- JFJonny (Propane Fitness)
The Federal Reserve.
- YFYusef (Propane Fitness)
Yeah, something like that.
- JFJonny (Propane Fitness)
Maybe that's wrong. Maybe it's not. A trillion would be-
- CWChris Williamson
So if someone had, if someone had just said to Tim, "Listen, mate."
- JFJonny (Propane Fitness)
"Come on mate, give over," yeah.
- CWChris Williamson
"Can you just transfer us?"
- JFJonny (Propane Fitness)
Give a quid.
- CWChris Williamson
What's your thoughts on people's criticisms about Bezos becoming the first trillionaire?
- JFJonny (Propane Fitness)
Yeah, so Apple, according to Forbes, as of July the ninth, valued at 1.6 trillion.
- CWChris Williamson
Which is nearly as much as what Bezos is gonna be worth in a year or two's time.
- JFJonny (Propane Fitness)
He's gonna be worth a trillion.
- CWChris Williamson
He's gonna be the world's first trillionaire.
- JFJonny (Propane Fitness)
I mean that, well, as we've just discussed, is mental. (laughs) But I think, I don't know.
- CWChris Williamson
A lot of people, a lot of people don't like the fact that one person holds so much wealth and then there's like a, a ton of criticisms about like Jack Dorsey gave away I think like-... 30% of his shares or 30% of his net worth or something to charities. So they're basically accusing him of not doing enough philanthropy.
- JFJonny (Propane Fitness)
I think he does quite a bit of philanthropy.
- CWChris Williamson
Bezos?
- JFJonny (Propane Fitness)
Yeah. There is a point-
- YFYusef (Propane Fitness)
Like, when you've got that much, um, net worth that you can give away such a high percentage and it has no material impact on your quality of life. Like there's only so-
- CWChris Williamson
But is it-
- YFYusef (Propane Fitness)
... like a house you can get.
- JFJonny (Propane Fitness)
Yeah, yeah. On that Netflix Explained thing, they talk about... I least I think it is, they talk about billionaires and how like once you crosses- c- cross a certain wealth threshold, the- you gain so much more wealth from the wealth itself that it becomes out of control. (laughs)
- CWChris Williamson
Just like through interest or whatever.
- 45:28 – 1:02:45
Name memes and stoicism: Karen discourse, low expectations as leverage, and closing life updates
- CWChris Williamson
You know that there was no one born with the name Keith in 2019?
- JFJonny (Propane Fitness)
(laughs)
- YFYusef (Propane Fitness)
Was it Keith? I thought it was Nigel in 20-
- CWChris Williamson
'18.
- YFYusef (Propane Fitness)
... 2016 or somethin'. 2018.
- CWChris Williamson
Yeah.
- YFYusef (Propane Fitness)
Wow. Nobody.
- CWChris Williamson
Nigels and Keiths are a dying breed, man.
- YFYusef (Propane Fitness)
It's not a very baby name.
- CWChris Williamson
(laughs)
- YFYusef (Propane Fitness)
Oh, little Keith. Like... (laughs)
- JFJonny (Propane Fitness)
Yeah. You grow into that name, don't you? You become a Keith.
- CWChris Williamson
Bruce.
- YFYusef (Propane Fitness)
We had a guy called Keith-
- JFJonny (Propane Fitness)
You become a Bruce as well.
- YFYusef (Propane Fitness)
... in our class and he was not... he, he was always known as Big Keith and he was just a man all the time.
- CWChris Williamson
(laughs)
- JFJonny (Propane Fitness)
It- it feels like you've got to be at least 40 before you can justify being called Keith in my head. (laughs)
- CWChris Williamson
There's someone called Keith listening who's 22 and dresses really cool and is like, "You're fucking... I tell you all." Um, can you imagine how few Karens there's going to be? "Oh my God, did you see that a bunch of Karens went on This Morning to complain."
- JFJonny (Propane Fitness)
I know.
- CWChris Williamson
And someone, someone made a meme of it that said this is the most Karen thing that you could do.
- JFJonny (Propane Fitness)
It's the level of... like the levels that goes to and it's the- it's... I wonder whether...
- CWChris Williamson
(laughs)
- JFJonny (Propane Fitness)
Because I feel like you would think about that, wouldn't you, before you went on? You'd be like, "What are we being accused of here? What's the, what's the essence of the problem here?" It's, it's the... and then is this helping or hindering the-
- CWChris Williamson
Ah, movement.
- YFYusef (Propane Fitness)
How would you deal with it if, if your name was Karen? What-
- JFJonny (Propane Fitness)
I think you just like don't take it seriously.
- CWChris Williamson
Yeah.
- JFJonny (Propane Fitness)
You know, you know, I don't th- presumably they're not encountering any kind of real issues from it. It's just a bit of internet bullshit, isn't it?
- YFYusef (Propane Fitness)
Slur.
Episode duration: 1:02:45
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Transcript of episode h-ysIegrujs