Okay, then we're live. Welcome to the Stream Thank you for taking me back with you all the way from Greece uh coming through through the power of the internet and for those who are not familiar with Dan I just want to pull up something down I don't know if you've ever seen this I know you don't like to, you know toot your own horn but I actually went ahead and I I went and I searched your profile on tip ranks and you're in the top two percent of of the 8500 Wall Street analysts they're tracking. You have five stars and uh, you have? You know the top two percent. I Mean it's not surprising for the guy who called Tesla early and we'll talk about that.

I mean you can actually scroll down here and see that I think you got into Tesla in 2018 I think right and which was super early? Let me show people and I have this Tesla thing pulled up right here. So I think this was it right? So stock was at what? Because that was yeah again aggressive. Yeah. 20 22.

So you got it. So you called Tesla early and you've been in a ton of great stocks and uh I have to ask you a question. You've done this very famous interview where you said that palateers you know the the messy of AI Did you expect that it will blow up the way it did on social media and like all this all this attention and everything did you know it's gonna this? This tsunami of attention is Gonna Come or was it just another day at the office for you? Yeah, I didn't I mean like I didn't expect that it was going to be that type of sort of impact I look I I just I'd say the thing that actually surprised me the most Institutional. just how heated palantiras.

Oh yeah, you know from from an Institutional perspective and I think that continues to be a narrative right? and look I mean time as you I think as ambassador of Nomi for 23 years I Don't call stocks just for the next week or two for into earnings I mean we kind of. We go for the themes, the winners, and ultimately we we really pound the table on them. And that's how we've done with Microsoft and Apple and Tessa And you know, Amazon and others. and in my opinion, Palantir is.

It's an Undiscovered gem from an AI perspective. Do you? Is there anything you think Palantir can do to change that narrative because you mentioned this correctly? and I'm going to show people how bad it is right now. um The Narrative is very very, uh, negatively skewed with Palantir. And if you guys every all the viewers you take a look at this thing, this is stock.

MVP By the way, this is a platform I built. I'm going to plug it here in the Stream but if you look at sucking VP you look at percentage of institutional shareholding. Obviously it's going up but it said 34 I mean it's super low for a company with you know half of its business coming from the government and that type of company you would expect to see way more. Think back and tester but do which is go back six seven years for Tesla Institutional wouldn't touch it right? Retail is well ahead, institutional and ultimately institutional.

Then really start to better understand the story and obviously the rest is history is must built everything out and you know in my opinion with with Palantir this is not for the next day for the next week for the next month. For them it it's them leveraging their success from government to. Enterprise I think it's the best Pure Play AI platform out there I think AIP is a game changer I I think that's really necessarily say like a model 3 Model y times it would test but in other words I think that's what's really going to put them on the map and when you look at how big the opportunity is around AI and I I view them as like we could talk about Nvidia and Microsoft Google but when you you on both hands you can name what I'll call like the first second derivative. AI players I mean Palantir is there.

Well I'm not gonna argue with that with you because we've been. You know people who follow Palantir The first time I heard machine learning was in the Palantir presentation back in the day before. I even knew what it meant and then we saw we saw it kind of become this gold standard. but um I wanna I Wanna ask you a little bit of a tougher question that doesn't get asked a lot.

Oh and just one one thing. just one thing. before you could you just answer your question like could they do anything better I actually think they I think Carp and the team are starting from uh, you know, from conferences to getting out there. Yep, um I I do believe there they're doing some of the right things and I think those are just block and tackling things that maybe they wouldn't have done a few years ago.

now they are doing so. You think one of the things that drove that that announcement that they're gonna be buying back a billion dollars of shares is an attempt to talk that language of Wall Street to get institutions more interested or was it more of an uh, kind of a retail play. I I mean I think that's just a prudent move I mean if I look from Apple to Microsoft to Google I mean a company like volunteer given where I believe they could be from a cash flow generation did a direct listing right? not an IPO I I think that's a prudent move. That's something.

They're not doing that just to scare the short I Think that's just from a capital allocation strategy. That's something that they needed to put in the table. So just as an Institutional Investor if you're talking a palantir, one of the top questions would be do you have a buyback all the time and he doesn't have a good answer yet different. As you know, well for a number of different reasons with Palantir I think that was like made a ton of sense and it goes back to like you know a lot of times and of course I'm sure.

and I love like the engagement on social media just to see it a lot of times. like when stocks sell off after quarters. you know everyone's like oh, it's over done, it's over, it's finished. Yeah, it's finished.

Enjoy the whatever you enjoy, the pump the knit I mean when you when I'm looking at names like this I'm looking memes like a palantir for the next two, three, four, five years exactly we and I gotta I Gotta be honest with you, you, you're probably the most engaged. Uh Wall Street Analyst on Twitter I Can't think of anybody else except Gary Black who's very engaged with the Tesla Community one from macro Tom Tom Lee is very engaged. You know, from a macro perspective Yeah. I Just did a video covering one of his predictions.

Uh, he's a superstar I Like him a lot. dude. he's yeah, he's the go like if he, he's the definition of the good. Well he called.

The Bull Run of the first half of the year and nobody saw it coming. at least like in our community. Nobody talked about the Bull Run Um, but yeah. so I was saying you're super engaged in the in the community.

That's uh, so weird to see because I learn a lot. really I I work I learned a time I mean to me it's I like engage. First of all, it's like look, I've done I've done this job going 23 years okay covering tech stocks, going back to like you know, late 90s institutional. That's what I've always done.

Retail has just become more and more important in terms of I I think not just in terms of like the market, but I mean like I've talked about palantir retail discovered ahead and institutional. that's that's a fact. I write I know that there's no dispute there. and I do you think that that game changed in the pandemic pandemic? switched the kind of the the script a little bit where you know when I was when I was uh, working in the industry.

in the 2010 there it was all about institutional money driving the markets and retails, just jumping on the ride. and now I hear like institutional investors trying to figure out what Rito is going to do and they're kind of game. Yeah, but but time it's like I mean just like I mean obviously like within the Palantir community, there's you know yourself amid there's a number of other in Castle Community you know I mean local Gary Blackstone right? Like yeah, you just think about as he's built it. Um, you know.

look look what Troy's done like all I'm just trying to say is that to ignore it would be I I think would actually be like a super negative for that individual because I think you need eyes open and I actually like I and I think a lot of things from feedback we see on Twitter to things getting discovered I think you learn a lot from engaging. that's at least that look that that's always been my. DNA Um, do you think there's a in the case of Palantir? Um, what like the BuyBacks uh you? you think it's a smart play I tend to agree with you. not that you know it's not I'm not interviewing myself here, but the way I see it is somebody who's obsessed with this company.

Um, look, Palantir isn't building factories. They don't need a whole lot of capex. it's a scalable product. They're writing code.

so if you if you volunteer and you're sitting on three billion dollars of cash and you have virtually no debt, uh, it's a smart move And people ask me, well, why wouldn't they do that earlier when the stock price was at seven because it would have seemed desperate and would have signed the wrong message I Mean you can't do it in weakness. You have to do a group position. But coming off of that, what do you think? Palantir can do better to attract more institutional investors in the future? Beyond the BuyBacks the biggest push. But so let's walk through like the biggest pushbacks from from an ambassador perspective on volunteer.

It's queer evaluation right and evaluation as I've always talked about. Like if you try to put transformational growth names in a box and look at PE over the next year, you would have missed Netflix tests on Microsoft Apple Amazon In other words, I I just I believe transformational growth themes. You can't look at them when you're out. You got to look out on a normalized Model what the company is going to look like three five, seven years now and then.

Whether it's DCF or however, you want to sort of value that I think that's what you got to do. Now the second big pushback is just okay. you're talking about this messy of AI but they're growing 13 percent. Where what am I missing? That's look.

That's what. That's legit, right? like as a as a pushback. So there's a question. It's a good question.

No. But but to that point my pushback to that is the accelerating Growth story is is ahead of it in other words and it reminds me a lot like I could go up to instances for Tessa from Microsoft for Apple for Google where there were times where growth at the time didn't make sense relative to the opportunity, but it came. that's that's my view. like that you're gonna have an accelerating growth story as we go into 24, 25, 26 and that's why I look like I've talked about AIP I got in my opinion that's what I've used sort of the the Holy Grail the game.

well it's the whole but but it's the Holy Grail because purling into Enterprise we could talk about Nvidia GPU chips yep and Cloud platforms all I want Microsoft Google where are the use cases I mean from a use case perspective I believe from a platform like that they're one of the first calls now that you're gonna get I Get all the you know some of the negatives, at least how it's viewed. you know from a government perspective, but those are the best reference customers the three letter agencies you'll ever have. Uh and by the way um I absolutely love your shirt your your Fashion Icon over another Community with your suits and the shirts I just want to mention to people you're on vacation so it's a the attire suits the the event. um thank you um I love I love that choice um person makes it makes it fun because also it comes down to like it's always been and it's the way I go to meet it like go to meetings like if people see me in an airport or in the street.

But the point is I do because also it's like it's my personality. It's fun I get it. some people don't but it's just like and also I think it speaks to like it speaks to just my view of like you know I view things differently I'm not saying I'm right, there's people I'm watching this be like dude. everything that guy says I hate or disagree with that stuff I've been on YouTube for for five years.

I I know exactly what you mean I mean whenever you're gonna go out and say something in the public, there's going to be an inherent percentage of people going to think you're a douchebag just by talking I mean it's normal, but no. but but the point is I I have a I have certain thesis on names. We do a ton of work in terms of like talking to I.T talking to the channel, talking to customers and then we pick our winners right? like in other words, like and that's how like our formula. that's how we've done it.

Whether it's cyber security. Cloud We have a lot of cool names. in cyber security. You've covered a lot of Palo Alto Networks Uh, Veronis I think like a lot of really cool names Yeah at Fortinet I Think fortunate you went early.

Like a lot of these names like look, nobody people forget but because like people have shorten their memory in 2018, nobody wanted to touch Tesla does the Tim Cook wouldn't take a meeting with Elon Musk I mean you're coming in with that buy rating that early people kind of forget I I Want to come back to Palantir in a second? I just want to touch on test a little bit if you already kind of mentioned Tesla here because you are one of the Ogs on the Tesla scene. so you have a price target of 350 for Tesla in the Tesla bull Community that's considered low I Was interviewed by one of their main head bulls and my 1400 price Target was considered embarrassing for them. They were like oh that's too low but but um look I am I I I Want to ask you something about Tesla as somebody who came in early when was that moment for you when you knew like Tesla was something special that Eureka moment for you when it happened to me it was, it was really probably into that in probably 2018 it was being at one of their events for one of their introductions I forget what exactly what and and obviously the Cyber truck and the glass broke incident and I think it remind it's the only company that's ever reminded me and it's my view of Mosque of like the 2007 movement when when Jobs released the iPhone and just seeing you store like do Euphoria there and I think that's something that you can find in a spreadsheet you can find when you're in office building and look like whatever three million miles Saloon Like The point is like like we've traveled a lot but a lot of is like that's where we see things that maybe others don't right? Uh I And the thing about like what um I'm really envious of Tesla like Tesla and Palantir are two of the most I think misunderstood companies in the market. but for Tesla the journey to that to fill that Gap From misunderstood to uh to Brilliance in the eyes of the investors Simpler because there's a product, there's a tangible product you can go and experience and you can Benchmark it against a premium four-door sedan and then you have the Eureka moment.

So we I was just out on vacation and the buddy of mine was driving so totally earlier flying the model Y and I was driving an E-class and Mercedes E-Class and I can tell you his car was hands down better experience in every possible way. so that Benchmark makes it really easy with the company. like it's a bit different because the it's a B2B uh category so it's hard to touch and feel. You know it's not like Tesla an actual volunteer.

if I go If I go back like year like years ago, you know I have strong strong roots relationships like you know within DC Within you know a lot of individuals that formerly were in the military you know with special forces stuff like that and you know there's a lot of these people come out and they and they and they start companies they want to get funding right? I think I've helped I've helped many of them over the decades right? introducing them to people you know whether they're 8200 MI6 you know because and and what? I've learned especially in that Community like the the view of pounds here Within the defense Community within military. um Stella and look and I just keep coming down to like if Tom or Dan Tom Nash fan is a is a CIO of an Enterprise looking to build out AI Solutions over the next year Talk: look me in the eye and tell me how they're not front and center in that engagement. Yeah, so what do you think of like I agree with you here and it's kind of funny to see that happen. I was I had you on the show a year ago and the year ago we were talking all about Tesla and then you said hey, it's too I We didn't really talk about Palantir back in those days.

a year ago I was making videos and I was saying look, penalty is facing kind of this political um, headwind in a sense. Uh, they don't really have a competitor in the market per se, but what's happening is like a lot of these Cios. They have their own kind of Frankenstein product set up which cost a ton of money to these companies and they're really embarrassed or apprehensive about bringing an extended solution after they spend so much money, they don't want to look bad. so they're basically blocking Palantir from getting in through the door.

It's kind of surprising how Enterprise software in America is more political than even the government In America which is kind of funny, but I said look at the end of the day they're going to break through because there will be a few smart Cios who will understand the value of this. They'll utilize it. They'll beat the competition. Then it's going to be even worse if you don't use it than just to embrace yourself.

I Bring them on and then you're gonna like planet is gonna be getting phone calls. hey come over, show us what you got which is exactly what sham and and Alex were talking about. the conference call and who comes down to shots on goal like yep just anything that's what you're seeing with the hundred customers. the 300 you know potential in the pipeline that that that ultimately where this is and that's why.

look I when I call stocks I just I don't call them for uh you know preview review okay this is what happened. earnings this I view it as like far stood the trees. disruptive Tech and it goes back to Tessa right like Tesla mini continue they viewed as an auto company that's out to trade I've always viewed it simmers Apple Disruptive Tech It's such a crazy misunderstanding of what they do. I mean you can categorize them in a lot of ways and you cannot like the stock and it's okay.

You can say Well they're expensive or there's a lot of uncertainty. That's fine. But to say it's an auto company given what they've shown us so far. Uh, just just on the energy side.

Forget Robo Taxi. Forget the robotics just on the energy side. Mega Packs are an industry Stranded by this point, well, that's why I think you know and and there's a whole another conversation. But by the way, you have a comment here from somebody from my community who is actually an ex ex-military and he's saying that's from first hand knowledge.

Great. Uh, so there's just a whole new point from earlier I Heard it a hundred thousand times. No, but but it goes back. but but I like even like when it comes like cyber security part of our calls if I just go back on like pal out those Z-scale or yep, you know, crowd strike or whatever it comes down to like.

What do I team managers think? What do Channel people think? Is it good? Is it great? Is it a wheat? Simple as that? By the way, what are your thoughts on Alex Carp He's been getting a lot of heat lately now as as Palantir is moving in into the you know business software. Enterprise Corporate America unless in the government side, people are calling oh, he's not technical enough. he's not a software engineer et cetera, he's lacking the skills. He's getting a lot of heat from the community like about not being technical enough.

What do you think about that I think he's like I put him in that category of like Visionaries that he has a vision. He's built it. Maybe it's It's obviously been bumpy to get to this path, but now I think there's like a golden path ahead and I think he's he's a vision. It goes like I always say like there's some, they play chess I'll just play checkers like he plays chess I think for me that again not to interview myself.

to me it's a very simple Story Number One Peter Thiel Just gave him another billion dollars in future comp for the next 10 years. Peter Thiel is no idiot. You cannot. You know you cannot deny that Peter Tool is he knows what he's doing.

So if Peter Till gave this dude a billion dollars for the next 10 years I think he did a good job. Um, this guy delivers. You know a TTM pays of 2.2 billion this year. so he's gonna make 2.2 billion this year.

He's growing customers by 40. He's still growing in double digits in times where businesses are looking to cut spending not to increase spending. people forget that about 2023. he's the living Terrific results.

His his is absolutely killing it. Okay, so he's not a classic yeah but also you have. And then the other thing. Well first of the classic CEO If you look at the elite the special the Hall of Famers they're not.

You can't put them in a box. You can't put an Adele in a box cook you can't like. In other words you can't put musk in a box or some are better talking. That language like Jensen is good at it and but Jensen is so far is really good at talking that talk Yeah but I wouldn't exactly exactly like Jensen is doing the difference.

The point is that is like extremely extremely rare. I mean you're talking once every 25 years Jack Well sure that that you have someone that like is an executor and can talk but I'm just saying like a lot of times you can't put them in a box. but the other thing just just to like to round it out is like when when you also look at it is the biggest transformation intact since the internet. AI you gotta make your back and it was like who which horses you're gonna bat Yeah okay I'll bet I'll bet Nvidia I bet Microsoft I bet snowflake you bet manga DB The point is we're not talking a hundred companies and and I think one just one thing.

Just like for anyone watching, you know if you look like a lot of these tech stocks post earnings, they've sold off, you know people will talk about Microsoft saying it's it's gonna be a slower Ram that that's no one ever expected. The Nvidia guidance heard around the world was going to be replicated across. So these are knee-jerk type reactions. You're talking about a trillion dollars of incremental spent over the next decade.

I Think in the video as an outlier and it's very hard to judge everybody else based on the outlier short-term reaction in the stock price. Um, again, you mentioned Jensen is an outlier. Nvidia is an outlier? Their terrific company? No, no disrespect to them. I mean but you know companies don't behave like that.

But no. but it's also the way it browser is the way that overnight when you're the only, you're the only game in town that sells Gpus. Yeah, and and obviously the way that we can like when I was a kid and video was a gaming company, who would have thought that that you know the dude really like took him to a whole new Stratosphere I mean Microsoft was just the windows yeah PC mature company kill Nadella Name By the way, Microsoft is another great under undervalued AI play which which gets ignored a lot I mean that's been our in our opinion like we've talked about, it's been our your top pick here and I think that was just another example like there's no way Microsoft should be worth 500 billion. That is ridiculous.

It's worth a trillion trillion and a half. What do you look? The point is the Bears will sit there in their right lane looking for Black Swan events every weekend some and the reality is is that soft Landings occurred feds waving the white flag and it's a risk on in our opinion for attack. Um the thing about it is I always kind of feel like it. sometimes people talk in different wavelengths like especially on Twitter which is a very opinionated platform.

As you know you have this very audible, vocal aggressive discussions and sometimes I Look at this guys you're talking about Aaron oranges and apples. I mean you're a long-term investor, you're a Trader you completely different Realms and I think Palantir and similar companies like Tesla For a while there they were really judged based on you know, oh what's the share price this year and instead of looking a little bit more kind of a and I do think that that those things happen right I go at times like you come in, we have a great quarter. Great guidance. Stock sells off the narrative.

It's done. it was. but but I mean I could I could point to hundreds of examples of companies where then all of a sudden Market further digests what's happening three six months from now. Fundamentals always win.

The fundamentals always beat narrative. it. It just how how long it takes is it's a question of well I Can argue volunteers. Really, it's really going to be as some of the Park story because what's going to happen is you, you're gonna have give me a value for that, you're gonna have the cash and then what's the value of AIP What's the value of that platform? Which because I can argue the value of that piece is extremely higher than maybe the rat you didn't and I think those are maybe some of the ways I Think investors are gonna start to look at some of these names similar.

some of the parts as we've looked at you know Apple Amazon and others are you concerned by their customer concentration issues Because that's been brought up a lot as a negative because like top top 20 clients are half their business. If you work in the Beltway with the 202 area code, customer concentration is like getting a cup of coffee at 8am. Like that's just by the way there if you actually look deeper in the numbers. um, the percentage like as the customer spend grows per the top 20 clients and it grows every quarter.

By the way, they're now at a billion a year of spend per top 20 clients. That number was 470 million in 2020.. So as that number doubled, the percentage from the entire Revenue Pie has gone down from 60 to 50 percent. So it's the clan is coming down as they're growing well and then as Enterprise it would just get more and more diverse.

I actually think look I think like something that like I've talked to a few investors about but I think what's going to be like a huge topic is going to be what is the Federal Fiscal Year Quarter look like what types of deals are we starting to see on defense AI driven within government within civilian agencies I think that's going to be that's going to be a little kind of breadcrumbs to to maybe what's on the horizon 24.25 so is that is there anything like no I'm sure there is. but what would be like the the one thing if it comes down the pipeline you would change your mind about the company So Currently you know one of the biggest Bulls from the from the Wall Street Community not a lot of people give it 25 per share. so what What's what's the red flag? That's gonna freak you out to say no no I'm out. Oh yeah I mean red flag things would be if Enterprise success.

So let's walk through like the risk. Yeah you know not able to monetize AIP at a level that you expected over the next 12 18, 24 months two would be Parlin Defense success 202 area code to Enterprise every second third would be okay. like I'm going like macro black SWAT like budges get cut AI gets pushed out I look like when you look at those like I'm not saying like there's bumps in the road and there's risk in there. but I look my my whole career I've always viewed it like what are the key themes you want to bet on? Pick your winners and then individually based on whatever you're really.

you know you pick your spots, but that's how it's been. A pretty simple formula: how I've kind of covered names palen't here I Just viewers like you have an AI basket. They're like they're deep in that basket as one of those plays and I just don't think that you can just put and say my view is like okay, if there's a trillion dollars of incremental spend, 800 billion Conservatively, you're telling me this can't be a 50 billion dollar Mark cap in, you know where would I view that you ultimately could have revenues at doubles next three four years So that's sort of. But but those are the ways that you have to look at names like this.

You cannot put them in a box and just say typical stocks traded x times p E 19 times I Feel like that's how you've missed every transformational growth in the last 20 years. Well, that's the problem with value investors. They tend to miss out on this on the Teslas and the in the Palantiras and the in the Nvidias. Even the video was expensive.

Still is expensive. I mean as a violent investor like once you go to PE ratios price to sales ratios, it's very hard to to make a call like that like Riven is a great example. By the way of that like Caribbean Yeah, Caribbean's like another good example right? Like if you view it, just don't like money, they burn near-term whip. Okay now it's working on the other side.

like when they get actually to scale like not just on the commercial side with Amazon but just when you look at like when you start to get into 150 200 000 you get Atlanta up. In terms of the factor bill that one with Illinois what does ribbon look like and I mean RJ is another one like just like car just like musk just like the doubt like I might put in that and it's like but I'm saying RJ is someone like I bet on because it's a good CEO is like without that it's a I mean um I wouldn't invest in a company with with the bozo CEO No matter how good, never look, never underestimate how bad management teams could be EG Snap lift. Never overestimate how great managing teams are and what that means from the Delta monster cook. But even if you just if you just look at Rivian like a look I Think Rivian is a sad story to me so far because in a sense they were a victim of their own kind of hype.

The hype. the initial hype out of the gate valuation uh was so insanely out of this world that now they're they're tagged under this oh it's a they because people go oh Nicola and the and the river but also Arabian did but also Ruby and like they did like they had a lot of supply chain issues right? Yeah, they remember the price increase that they they did and they took it back 24 hours later. I mean that was a comedy of errors. Yeah the first young theme just being a young team.

but it did. But but now now adulterer in the room. it's a different story. Yeah they're starting to turn around.

look Uber I say the same thing. go back to Uber since IPA now we'll get over attack. Well they kicked out the nevermind. but I'm saying like even even Tesla pre Larry Ellison and post Larry Ellison was a different story The Way corporate well because you had but also the way you when you have someone like that in the boardroom.

yeah it's the change, the conversation and I mean that was like a Miyagi type movement to you know Ralph matron he doesn't get enough credit in the in the Tesla story. you know it's funny when Ellison came on I've known Larry since the late 90s you know, covering Oracle and gone to Gnome when he came on. I remember we writing note and be like this is this is gold like this is huge and the amount of heat be like you're you're saying Ellison's gonna be a pot I mean Tom like I'm talking like oh my God but and then if you really think about it, he really was the one where like strategically did things within the board then ultimately raise money. That was the whole issue.

Raise money again with the kid look I Going back to Rivian simple analysis very Layman then trucks and SUVs two of the best categories to be in as an automaker in the United States they make great cars that people love every car review The Raven car is Stellar the brand is good Marquis Brownlee is like doing a reviews on it like an iPhone so it's an iPhone level kind of vanity product right? They have top talent not Tesla level tile but like secondly really good talent. They're getting better every quarter and I like in my opinion I think they can be great. they're not the second coming of Tesla but they can be a great car company and I've spent a few days in their production. you know, uh, up in uh in Illinois it's super impressive like in terms of what they're building out there and I want to ask you before we have a few more minutes so people are.

There's a few members from our community who posted some questions and I want to pull it up right here? um I'm gonna put it on the screen so yeah, we can share this right here. So this is from our Discord and Paul Stringer is asking what other names is Dan looking at as possible future please I think it means more like AI or future place like what? what else are you looking at except like that's empathy. What you cover today I mean I think Ma like look mongers or even describe but I think that's AI like I think SoundHound is an AI play I think Pega is an under the radar AI play as well. you know Pega systems um and also I'm looking now you know what I ultimately believe are going to be some of these use cases that start to come up and I think there's going to be a whole sort of disruptive basket that starts to play out on the AI side.

I think there's gonna be a cyber security angle as well. On on the AI please? Um and uh. as far as AI specifically like we covered this uh talking. in my opinion, two of the best players in the market is Tesla Palantir.

No specific order but when see look in. C3 has been a name that we've been. you know, very positive on another controversial name but that's another one Like they gotta execute should success start to go outside of utilities into other verticals. Tom Siebel another person I'm known for decades and decades you know personally and I'm that someone like I'm gonna Bet On It but no I'm just trying to say like the pivot like because they haven't like originally came from that from the from that space that a little bit of people over C3 yeah it's like people people hate on that because they want Pure Clean stories which are easy to kind of understand 100 uh so uh in that sense I want to touch on some other questions ahead real quick before we move on.

So talking about Teslas in the airplay so uh, like in best case scenario, where Tesla is right now I think you think on its trajectory because people say well, it's a trillion dollar company already almost. So how high can It Go I mean do you think a test is kind of maturing or it's just kind of in the early stages I think it's just in the early stages of the some of the part story playing out I mean the supercharger battery and I could argue FSD you know you could argue that's probably one of the better AI players out there, it just has been discuss and then when as they start to get more and more scale I mean I I just go back today globally. single digit percent is even like in in other words like where's is all heading I think tests are still in their early stages and just looking at a like I tweeted about this today I said I I Think that with the exception of Byd because they get it, nobody else maybe void and a little bit of Jim Farley because he's starting to get it. Nobody else in the Auto industry globally understands how bad their situation is because that they're so far behind with as far as infrastructure as far as R D as far as deployment Supply chains uh I Don't think nobody is making moves right now to try and catch up with Tesla Except well guys competing in a different category I think Byd is not even comparable to this like it's like the people who buy Byd will never buy Tesla and vice versa I mean but yeah but also I would argue I'm obviously GM is a name like I'm a big fan of like on the turnaround story like I mean if you if you just see what's happening in GM right now it's a different GM I'm not not saying that that's it's not a test I'm I'm just trying to give example that like you think they continue I believe they can turn around and I believe like for GM and Ford if they're 10 successful the stocks work like because this is still punished so punished over the past three years.

But the problem too is that investor just continue to view it as like Book value ebitda like I look I I Personally think like they're held to a wrong standard in my opinion. I mean they're trying to transform the company toward EVS and and you're sitting there trying to pinpoint you know what what cash it looks like over next year? I Just don't ask the right way to view it. Well they have a huge challenge though. If you think about it because they're dragging, they're dragging a whole industry which is at this point is obsolete which they have to maintain to survive.

which is the internal combustion engine industry while trying to Pivot into EVS. It's just a that's a that's a Herculean effort. Yeah, it's Herculean but GM sells 7.8 million Vehicles a year. Like the point is like Ford does what 950 000 F-150s a year I mean the point is like these numbers are mad like if they could be a success.

Look it just speaks to my view. The green tidal wave is it's happened like in turn you know and it doesn't mean many beneficiaries. look uh I think the Ford GM have something that Tesla doesn't have which they they're too important politically to fail and they have too many people depend on the too many jobs. politically nobody's gonna let them fail so they'll be fine.

I Don't think anybody is like actually going bankrupt. but I think as far as the the balance of power in the North American Auto industry is changing and I know Yeah, it's got to be completely different. Um like it's a it's like Boeing you know political suicide to screw around with Boeing with Ford GM there's so much political yeah, but also. but also look I mean GM and Ford now like I mean they're partnering with tassels like in other words like I think there's there's changes in the industry.

Well that's because Jim Farley is he gets it I think yeah, he gets it. That was a smart uh change they've made not to disrespect anybody, but he definitely gets it. and uh, he, he doesn't have full respect. Uh, he built that relationship with Elon and Tesla early on.

that's a good thing. Um, final question before you before we let you go. Uh, completely unrelated out of left field. National Champion We'll talk about it.

We'll talk about it. We'll talk about it. Okay, um that that would be the last question. Okay Cool.

So you mentioned Sports Uh, so we you know we don't agree on anything on everything, right? We're in a lot. Uh, I've been very critical of Apple in the streaming industry because of uh I mean Apple have struggled in my opinion to uh like Netflix have a legacy Library Disney has Legacy library Amazon and Apple. They're in the same problem of they have to generate from scratch or buy something. They have a mansion with no furniture.

Yeah, so app but Apple like How likely is that deal where Iger says well I don't need ESPN I need cash like we're we're drowning and then the Apple comes in swoops in it's a boat. I mean if you get ESPN and apple that's the most we talked we talked to I mean I did that Pac-12 situation which obviously blew up back 12. but the point is when Apple having a deal on the table shows just more and more like live sports. They recognize from a streaming perspective that's where it's all going and that's why.

Like if if ESPN is on the table you know depending on on which way and how higher goes about it with Disney like Apple is going to take a serious seriously look at you know look they have an historically done acquisite I mean the biggest one they did was Beats three and a half billion Yeah, but I'm just saying like this is gonna be. We're going to see massive changes in streaming linear as we're streaming. you know next next few years. Well Tim Cook likes to build his own stuff because he thinks he can do it better.

Of course I get it and and he has. he has. and if you look at Apple TV the content is really good. They they like the original.

the qualities like Netflix is struggling to. They're spending so much money and it's not as good apple. but the Quant the Quant the quantity of content. They cannot grow it from scratch.

They need to acquire IP and ESPN is just a huge mode. I mean that's something that people will subscribe. Look at how much Amazon spent on Thursday Night Football Which is you think there's any other contenders that will come like maybe an Amazon for ESPN I mean look if something like that comes on I mean everyone's gonna have to look at in Tech but app would be the one that would make the most sense for a number of reasons. Yeah, they have the cash.

They have massive amounts of cash. They have the ecosystem within the streaming platform customer. but also like that Pac-12 the fact that they had a deal out there shoes. So talking about the conferences, have you mentioned the Pac-12 there's a bit better conference.

I would say it's big too. The Big Ten Second best conference. and uh, obviously you cannot discount the SEC but the best conference? it doesn't cheat in recruiting. Um I mean Ohio State Penn State Michigan are gonna be three of the top six or seven teams and I look I just think now as we go into playoffs the 12 per you know the 12th team playoff 2024.

that's gonna be the game changer. USC UCLA coming to Big Ten Oregon Washington coming to Big Ten I It's just super exciting stuff for college football. you know and obviously look at CC has dominated yeah you know for for so many years. but but you do now.

I think the 12 team playoff changes everything? Well that that's been advocated ever since the Obama days. Finally, they're getting it done. But uh I I I Think that the I think that it's almost to the point where the Big Ten has one had traditionally one sec, 10 a team which was Ohio state they recruit like this. You see they play like this.

you see everything is it's an SCC team in the Big Ten and they whooped. Everybody's behind. For the past two years they get schooled by the better school. they cross the road and now it's a whole different ball game.

Now it's wide open. Penn State is great. Michigan is great. Well Michigan yeah I mean Michigan's gonna be special this year Ohio State So it's look.

you guys have a great quarterback. There's a great team. There's a lot of contenders for that. No, it's gonna be.

it's gonna be. I'm super excited man. I'm uh it's gonna be great I am book time I Just want to say thanks for sure. Thanks everyone that joined.

Yeah it was great to Great to engage and talk and just great questions and you guys do a great job. And I apologize for holding you on 10 minutes than the original agreement. You were a good sport for agreeing to do that for another 10 extra minutes. I Appreciate it I Know you're very excited, especially on vacation I Want to thank audience here 1500 people who stay through the stream and engage with us for all the great comments in the chat.

I've seen some of them I tried to to put up on the screen a few of them thank you for everybody for joining then I Would love to have you for part three in a few months obviously as this thing develops and we're gonna end the broadcast right here. Thank you everybody! have a great day! Thanks everyone.