Elon Musk’s interview with CNBC is explosive!
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What’s the price you’re sold? What is the price? Hopefully, hopefully there is no price. I love using little pop culture references here in my podcast and on my radio show, I’ve been doing it for years. And there’s several. First, we’re gonna go to the movie Wall Street when Bud Fox is confronted by his father’s Martin Sheen.
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And he asks Buddy, he tells Buddy, he said, I don’t go to bed with no whore. I don’t wake up with no whore. I don’t know how you do it. I don’t know how you live with yourself. Several stories, several stories. Again, this one keeps coming up. Made the Wall Street Journal again today. Jeffrey Epstein paying $150,000 to Leon Botstein. Again, he’s the head of Bard College.
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you know, obviously big society type in New York City and attends all the right events. Noam Chomsky, yeah, political activist writer, big, big guy on the left, transferred $270,000 between accounts. Again, you actually take a look at what Chomsky was saying, it makes no sense whatsoever. Absolutely no sense whatsoever.
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You know, the whole thing that you read into it, the first thing comes to mind is because that’s what it is. Complete and utter BS. How many? How many? I mean, I can track down the list. How many academics, how many politicians, how many business people, how many celebrities still hung out, worked with Jeffrey Emsteen? This is after.
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after he was charged and all the stories came out, this is a really bad human being. This is not a good person by any stretch of the imagination. And again, you know, if there was a Batman, he probably would be no longer, if you get my drift. I mean, pure
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evil what he was doing to young girls. I mean, just awful stuff. And they all freaking knew it for crying out loud. More coming out from JP Morgan, how many of the people in their asset management division were, you know, basically, I wonder, keep close because Epstein would refer to them business. Again, I don’t know how people do it. I really don’t.
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again brings me to another, actually one other Wall Street thought there at Hal Holbrook’s character was, again, he plays almost like the conscience in the film to some degree and he got this line, it’s the funny thing about money, but it makes do things you don’t want to do. Now, I guess, but what we witness on a regular basis, people selling their souls for money and prestige,
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Not good. And this brings me to kind of a similar story here. I was glad to see it. They had a great interview David Faber had with Elon Musk. It was an hour long interview. And one of the highlights of it was basically in regards to free speech and David Faber basically asking him about the tweets that he puts out and how.
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certain investors might not like it because it’ll hit the share price or it might be bad for advertising on Twitter. And I like what he said, I’ll say what I want. And if the consequence of that is losing money, so be it. Now the argument that David Faber brought up, and it’s a good argument, so well, you know, you’re fiduciary here, right? We gotta do what’s right for your shareholders. Well, you know, I would say that, you know,
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is right and continue to advocate for free speech. To me, the old John Adams, you know, be good, do good is always going to be profitable over the long run, over the long term, doing the right thing, saying the right thing, not keeping your mouth shut. Yeah, yeah. You might hit stock price in the short term, but
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where will it be five, 10, 20 years down the road? It’s that long-term thinking that made, you know, the Roman Republic successful. Again, we’re too short-sighted when it comes to things. And if, you know, there’s certain societal issues that might not be woke, might be difficult to talk about in the clear and present time.
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Again, you’re thinking about where the country’s going if we keep heading down this path. Again, why not being involved and get yourself engaged in that discussion? There’s been countless times over the years, and I’ve been doing this business for a long time. I’ve seen a lot. I didn’t finish school and start Markowski Investments. I worked at firms. I learned a lot watching people sell their souls.
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and countless occasions over the years we’ve been asked to do a myriad of different things that would have put a lot of money, a lot of money in our pockets. Whether it be, whether it be starting, you know, a Robinhood type of business and marketing it on the radio show and to all the people that we know or to start our own crypto card, there’s so many different things out there and we’re like no.
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No. And again, you know, this, it goes to, you know, belief system that I have. My industry, being a professional, like good doctors and good lawyers and people out there, accountants, never, never should they be publicly traded entities. You can’t, you can’t serve two masters.
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cancer to masters and I’ve talked about this some of the big firms out there. The CEO of these companies, they’re there for their bottom line. They’re serving their shareholders. You have an account there, you know, your second fiddle. That’s always been the case. I always carve out loopholes in regards to fiduciary duty with the big firms. There’s a difference. There’s a difference. But again, people have a choice to make.
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You do. There’s choices that we’re gonna make in life that’s gonna send us on a myriad of different paths. You know, selling your soul and your belief system, because again, you know you’re doing it. People can find funny ways of justifying things in their minds. Don’t do that. It’s not worth it. Anyway, Watchdog on wallstreet.com.