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Speaker 1: This is the weekend edition of Fear and Greed, daily

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Speaker 1: business news for people who make their own decisions. I'm

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Speaker 1: Michael Thompson, and good morning Sean Aylman.

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Speaker 2: Good morning Michael, Sean.

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Speaker 1: Our weekend show is all about the two of us,

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Speaker 1: each nominating what we think is the biggest business story

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Speaker 1: of the week, the most remarkable story, our favorite story,

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Speaker 1: and normally well historically we have also done the sleeper story,

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Speaker 1: which is one that's flying under the radar. But but,

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Speaker 1: but but we have a little a little surprise for

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Speaker 1: our colleague, are esteemed colleague who judges the competition every week.

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Speaker 1: Our judge is Fear and Greed own Adam Lange. Hello Adam,

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Speaker 1: Hello Michael. So we've made a change. Good Oh sorry,

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Speaker 1: Sean would like to be greeted as well.

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Speaker 2: Good morning Adam.

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Speaker 1: So we've made a change, and it's a it's a

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Speaker 1: surprise change and the motivation for this Actually, before I

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Speaker 1: tell you about the change, can you tell us about

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Speaker 1: what you're looking for in today's story.

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Speaker 2: Particularly since you don't even know what the categories are,

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Speaker 2: let us know.

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Speaker 3: Sure, okay, yeah, In separation of knowing the categories, obviously topicality,

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Speaker 3: timeliness because we're very news based, business news based. We

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Speaker 3: want economic impact, really, so we want to understand why

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Speaker 3: these stories are important. I would love you to play

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Speaker 3: into my subjective bias and also dial it up a

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Speaker 3: bit on melodrama.

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Speaker 1: Okay, all right, I reckon, I can tick all of

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Speaker 1: those boxes. I'm actually just just writing them.

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Speaker 2: It hasn't changed for five years, and you're still writing

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Speaker 2: them down.

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Speaker 1: Yeah, I know, but I have to keep reminding myself

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Speaker 1: of in theory what Adam is looking for.

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Speaker 2: That's true.

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Speaker 1: So when we get to the sleeper story, or where

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Speaker 1: the sleeper story would normally be, we've got a surprise. Okay,

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Speaker 1: that's probably building it.

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Speaker 2: Up a bit much, but we have colluded decided. Yep,

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Speaker 2: Actually that's not true. I was browbeaten into it by

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Speaker 2: mikeel because he hates the sleeper story.

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Speaker 1: I have a history of losing this.

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Speaker 4: Does this plan into my love of reform?

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Speaker 2: Oh no, changing a category I gets for that?

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Speaker 1: Oh no, okay, all right, let's just get into it.

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Speaker 2: Then you'll find out what it is the.

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Speaker 1: Biggest story of the week.

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Speaker 2: You go first variety. So last week I was criticized

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Speaker 2: for doing results. There was about forty seven results. I

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Speaker 2: believe in the ones criticized unfair, unfair, but I take

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Speaker 2: it on board. The single biggest story of the week

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Speaker 2: by a country mile Wise Tech Global. Not so much

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Speaker 2: the result of Wise Tech Global, but the return of

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Speaker 2: the King King Richard founder of the company, Driver Ideas,

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Speaker 2: and a person who has faced six months of allegations

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Speaker 2: from women who worked with him over the years. In

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Speaker 2: at least one case, Richard White has gifted a formal

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Speaker 2: lover a seven million dollar house on Melbourne's waterfront. But

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Speaker 2: Richard White is back running Wise Tech now. On Monday,

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Speaker 2: four independent directors quit, including the chair. The quote was

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Speaker 2: they were quitting because intractable differences in the board and

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Speaker 2: differing views around the ongoing role of the founder and

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Speaker 2: founding CEO, Richard White. Basically, we find out who's winning

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Speaker 2: this battle, the person who owns thirty eight percent of

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Speaker 2: the company or the directors. When they resigned, the share

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Speaker 2: price lost twenty percent in two trading sessions. Then on

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Speaker 2: Wednesday they had the results. Now it's that Richard White

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Speaker 2: would become executive chair when you own thirty eight percent,

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Speaker 2: it's hard to battle against that. Now, the fact that

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Speaker 2: he was back you would think might see the share

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Speaker 2: price jump. It didn't. Only went up about two percent,

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Speaker 2: it didn't basically didn't bounce. So I think that's really significant.

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Speaker 2: This is the biggest test for corporate governance in this

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Speaker 2: country in a long, long, long, long, long, long long time.

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Speaker 1: Seven seven long seven longs. That was about six too many.

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Speaker 2: At certain estimates and camera. The boss of ASSID, Joe Longo,

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Speaker 2: said the regulator is very interested in what has happened.

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Speaker 2: In fact, Asse's already kicked off preliminary inquiries. Longo said,

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Speaker 2: there's been extraordinary maneuvers at board level. Whistech Global is

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Speaker 2: this shear market. Darling has been for years. It's got

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Speaker 2: a founder who has done an incredible job over thirty

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Speaker 2: one years to build this company. It's a technology that

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Speaker 2: pretty much no one has, second biggest tech company in

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Speaker 2: Australia behind it Lassian. Yet money seems to overwhelm governance

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Speaker 2: in this and I can't remember such a clear cut

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Speaker 2: or clear cuts totally the wrong word. A story where

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Speaker 2: someone who has had allegations against them effectively been stood

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Speaker 2: down by the board and then the whole board of

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Speaker 2: the independent board has resigned so he can come back.

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Speaker 2: Massive story we're going to hear about four months beat

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Speaker 2: that it.

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Speaker 1: Is a great story. It is an extraordinary story. There's

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Speaker 1: a certain irony in the fact that you made a

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Speaker 1: long story even longer by repeating the word long seven times.

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Speaker 1: But it was a good story, right, It's not the

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Speaker 1: bigger story, because the bigger story is the fact Adam

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Speaker 1: and I just ignore sure now I just look straight

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Speaker 1: at you have quite an intense stare and gesturing, yes,

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Speaker 1: I'm going to put my hands in my pockets, Adam.

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Speaker 1: The biggest story of this week is the fact that

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Speaker 1: the election campaign is.

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Speaker 2: On. No really this week it started.

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Speaker 1: It was not official online miss an announcement. It's an

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Speaker 1: unofficial start, but it's one that I have identified as

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Speaker 1: taking place this week. It happened at midday on Tuesday. Actually,

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Speaker 1: there's no particular point in which it started. It may

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Speaker 1: as well be on right after the week that we

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Speaker 1: just had. It started with Poles showing the coalition has

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Speaker 1: opened up a fifty He is cheating, Adam. I don't

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Speaker 1: know who I'm complaining to here penalizing. So, just for

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Speaker 1: the benefit of anyone who is not looking at the

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Speaker 1: video of this, Adam and Sean are standing very close

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Speaker 1: side by side in the studio, and Sean just scooched

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Speaker 1: over just a little bit closer, just so that he

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Speaker 1: could see what Adam was writing down as he was

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Speaker 1: taking notes. And then Sean took Adam's pen and started

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Speaker 1: making notes on the score sheet. And it feels like

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Speaker 1: this is in class and you've just written something rude

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Speaker 1: about me.

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Speaker 3: Well, it's also unprecedented. We've never had this sort of engagement.

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Speaker 2: It's quite hard. I'm helping. I'm helping Adam, but it

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Speaker 2: is constructive criticism and some of it, some of he's

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Speaker 2: judging is appalling. So I'm just talking about trying.

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Speaker 1: To improve it.

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Speaker 4: It's for the audience.

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Speaker 1: Any any intervention is an improvement. Okay, all right, but

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Speaker 1: look anyway, the polls. If I can get back on track,

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Speaker 1: we'll see, Please a question.

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Speaker 2: We we're three minutes into Michael's story and we don't

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Speaker 2: actually know eating about it yet.

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Speaker 1: Go on, It is entirely your own, your fault, right.

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Speaker 1: Fifty two to forty eight percent. The Coalition is now

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Speaker 1: leading two party preferred basis. The current modeling shows the

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Speaker 1: Coalition winning seventy seats, the ALP winning sixty seven seats

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Speaker 1: thirteen crossbenches. We may be in ladies and gentlemen for

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Speaker 1: a change in government. Oh yeah, what what good the faces?

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Speaker 4: That was an encouraging look.

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Speaker 1: I don't want your encouragement. I just want your points.

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Speaker 1: Just just focus on your page.

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Speaker 4: And trans vision vamp. I don't want your money, honey,

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Speaker 4: I want your love.

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Speaker 2: That's just tumbleweeds.

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Speaker 1: I've got no idea what that even means. Adam has

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Speaker 1: a gift. It was that a did you know that

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Speaker 1: song as well?

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Speaker 2: Well? Yeah, I want your money, honey, I want your love.

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Speaker 1: Okay, all right, it's a general here, it's a general.

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Speaker 1: It's a generational thing.

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Speaker 2: And you haven't missed a thing.

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Speaker 1: No, okay, look from okay, can I please just finished

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Speaker 1: this quickly?

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Speaker 4: Please?

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Speaker 1: The fact is right after the after the polling came through,

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Speaker 1: we then had a very election campaign style story. Right.

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Speaker 1: This is the most clear signifier that you will ever

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Speaker 1: have that we are in the election campaign right now,

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Speaker 1: oppositionally to Peter Dutton being forced to defend purchases of

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Speaker 1: bank stocks fifteen years ago. Right, this is a day

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Speaker 1: before the government announced a bailout package. Over here, please

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Speaker 1: stop talking, but don't show him notes well, I.

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Speaker 2: Just showed him. Right, So I've got your notes in

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Speaker 2: front of me. The really sad thing. You're about a

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Speaker 2: quarter of the way through your notes. I was just

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Speaker 2: pointing that out to Addam.

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Speaker 1: Okay, Peter Dutton bought bank stocks the day before there

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Speaker 1: was a federal government bailout of the sector in the GFC.

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Speaker 1: This is fifteen years ago, right, and so he had

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Speaker 1: to come out this week and defend himself and say

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Speaker 1: he did nothing wrong, that he acted with integrity. There

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Speaker 1: was more stories about all of his property assets bought

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Speaker 1: and sold over the last couple of decades, the use

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Speaker 1: of a trust for those assets, again saying he didn't

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Speaker 1: do anything wrong. But it's one of those stories that

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Speaker 1: just makes a leader look bad, particularly in a housing crisis,

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Speaker 1: particularly in a cost of living crisis. It's like, as

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Speaker 1: Sean made the point through the week, it is like

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Speaker 1: Elbow's kind of multimillion dollar house purchase. It is just

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Speaker 1: an optics thing. And so it is a very very

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Speaker 1: election campaign style story. Finally, don't interrupt.

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Speaker 2: He's much more interesting when he's not actually telling the story.

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Speaker 2: He's playing it up.

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Speaker 1: I'm not playing it up.

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Speaker 4: I'm telling you hiring up.

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Speaker 2: The facts hit us with the facts.

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Speaker 1: Finally, yes, finally, we had Chinese warships off the coast

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Speaker 1: of Australia doing live firing exercises that nobody knew about.

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Speaker 1: Someone didn't know about. It was a Virgin Australia pilot.

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Speaker 1: I just realized how loud I was getting very passionate

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Speaker 1: in here. It's a studio of passion. Actually it's not

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Speaker 1: a studio of passion. I retract that. I'll never mention

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Speaker 1: that again. Virgin Australian pilot was the one who alerted

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Speaker 1: Air Services Australia when they heard a warning from the

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Speaker 1: Chinese ships half an hour after the live firing exercise

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Speaker 1: had started. Forty nine aircraft had to be diverted. Right,

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Speaker 1: this is a diplomatic crisis on our doorstep. Wistek is

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Speaker 1: a big story, yes, granted.

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Speaker 2: No, no, no, no, no, no, no, there's no story.

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Speaker 1: I'm not rebutting because I'm not going to argue that

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Speaker 1: it's not a big story. But does it affect every

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Speaker 1: one of us?

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Speaker 2: I'm not going too much.

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Speaker 1: But does it affect every one of us? It does not.

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Speaker 2: It does not because these Chinese air strikes affected me.

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Speaker 1: What does affect every one of us is the upcoming

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Speaker 1: election end Chinese aggression easily the bigger story of the U.

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Speaker 2: Maybe today.

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Speaker 3: So I found the governance issue of WIST Global quite fascinating.

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Speaker 3: Now it's not It's not just a governance issue in

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Speaker 3: the sense of behavior. Right he does own a massive

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Speaker 3: portion of the company. He is also beyond that structurally

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Speaker 3: so important to the company's well being. Right so, And

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Speaker 3: what they've shown is really is a board governance. We

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Speaker 3: can't get rid of him because the value of the

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Speaker 3: whole company is so tied to him, despite these misbehaviors.

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Speaker 3: Right so, I think there is a structural question on

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Speaker 3: the company as to succession planning as well. Have they

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Speaker 3: got the wherewithal to get through this beyond him so

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Speaker 3: incredibly important story.

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Speaker 4: I think I'm gone, Michael.

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Speaker 3: These are also a collection of very very interesting stories.

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Speaker 4: There is a massive but.

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Speaker 3: Is it it's like same old, same old, just another

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Speaker 3: week the election didn't get calls, Yeah, and.

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Speaker 1: The same old warships off the coast, the same old

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Speaker 1: pilot going hey.

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Speaker 2: Hey the Australia.

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Speaker 1: Here, there's a ship that's firing down there.

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Speaker 4: Shawn wins Okay, very much.

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Speaker 1: One interesting thing did you notice how much and again

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Speaker 1: playing to the elbow kind of side, and the fact

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Speaker 1: that that he is on the nose, and that that

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Speaker 1: I know there's been a slight improvement lately in his

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Speaker 1: in his popularity in the polls. But have you noticed

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Speaker 1: that Jim Chalmers is getting a lot more airtime lately?

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Speaker 1: True that there is a lot there is a lot

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Speaker 1: more coverage of him, and a lot more in terms

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Speaker 1: of kind of profile pieces talking about how smart he is,

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Speaker 1: how good an operator he is, he understands.

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Speaker 2: One of the major outlets have got a big piece

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Speaker 2: on Jim Charmers.

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Speaker 1: Yeah, and there's been a few bits and pieces suddenly

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Speaker 1: him popping up. I'm like, okay, all right. It's a

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Speaker 1: very difficult process for the Labor Party to change leaders

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Speaker 1: now they changed those a number of years ago as

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Speaker 1: to how they do that, but it does feel like

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Speaker 1: there's just a succession planning.

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Speaker 2: I No, I don't think. I don't think it's anything

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Speaker 2: about leadership change. I just think they realized that Elbow

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Speaker 2: himself is a liability and so you need to elevate

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Speaker 2: the next one or two. But I don't think it's like.

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Speaker 4: A bench string.

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Speaker 1: Okay, all right, moving on one Neil, I think it

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Speaker 1: was most remarkable. I will go first, and I will

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Speaker 1: go quickly. I know, I know that I say this

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Speaker 1: a lot, but it was a remarkable week.

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Speaker 2: Yes, yes, yes, yes, or what for.

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Speaker 1: The aviation sector we're talking about planes. In fact, we

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Speaker 1: can actually narrow it down to just one day, in fact,

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Speaker 1: one hour within that day, because there were two momentous occasions.

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Speaker 1: Number one was all about Kantis right contiuses turnaround. There's

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Speaker 1: complete you heard it here. First, a jump in half

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Speaker 1: year profit, but significantly the first time it has paid

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Speaker 1: a dividend, or it will pay a dividend to shareholders

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Speaker 1: since COVID. There you go, huh. Jetstar's performance was a highlight.

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Speaker 1: They had projects sunrise NonStop from Sydney or Melbourne to London,

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Speaker 1: New York still on track for next year. The share

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Speaker 1: price is up eighty percent over the last year. You've

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Speaker 1: got to say, see o Vanessa Hudson has done a

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Speaker 1: pretty solid job of recovering the airline, helping it to

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Speaker 1: recover from where Alan Joyce left it, where there was

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Speaker 1: battles all over the place with customers, with regulators, everyone, shareholders.

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Speaker 1: But it was a big hour, as I mentioned, for

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Speaker 1: aviation because no sooner had the counscious results been released

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Speaker 1: than Treasurer Jim Chalmers. Well here he is again popping up.

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Speaker 1: I'm getting too loud today, I'm sorry, And he was

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Speaker 1: announcing that the government had approved Qatar taking a twenty

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Speaker 1: five percent stake in Virgin Australia. And what does that mean.

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Speaker 1: It means that from June, Virgin is back in the

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Speaker 1: long haul. Baby back back, Baby, go on, give us

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Speaker 1: an obscure song from the seventies that fits, that fits this.

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Speaker 1: Maybe that's what we should do with I was leaving

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Speaker 1: him lines and he's got to give us a lot

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Speaker 1: Baby got Back? Okay, that'll do.

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Speaker 2: Is that the like baby got Back?

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Speaker 4: Yeah?

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Speaker 2: Oh really? So mix a lot, so mix a lot.

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Speaker 2: Yeah that's very audio like a reference, isn't it.

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Speaker 4: So mix a lot so handskills.

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Speaker 2: Sorry, I think I think Michael was.

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Speaker 1: I was nearly finished. Virgins back long haul customers like

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Speaker 1: you in long haul and me we are going to

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Speaker 1: be the winners in all of this. Significantly. Quantas said

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Speaker 1: that they would not oppose kind of any new competition

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Speaker 1: with Virgin. Wouldn't be kind of lobbying behind the scenes

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Speaker 1: that shows just how complete the turnaround is from the

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Speaker 1: Allen Joyce days now with Vanessa Hudson Welcoming, Welcoming, It's amazing.

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Speaker 1: As competition it was, don't say anything. It's just enough,

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Speaker 1: enough from you and enough from you. In fact, you

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Speaker 1: know what, I'm going to do this show myself next week.

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Speaker 1: I'll judge myself a far cry from the protest the

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Speaker 1: lobbying of the old quantas a remarkable hour in a

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Speaker 1: remarkable week for a very exotic and dare I say,

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Speaker 1: a very sexy sector. Everyone loves planes, do they not?

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Speaker 2: You know? I love playing with you on that.

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Speaker 1: Would you describe them as sexy?

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Speaker 4: As sexy?

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Speaker 2: Well, in terms of machinery, they probably are.

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Speaker 1: It's like better than like a combine harvester. I accidentally

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Speaker 1: chose the seconds the machinery.

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Speaker 2: Just combine half. Yeah, okay, what category we're doing because

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Speaker 2: that had nothing to do with anything sexiest. Remarkable Okay, okay,

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Speaker 2: so my remarkable, my remarkable story really is just how

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Speaker 2: unremarkable the word Unfortunately. Donald Trump has lessened the value

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Speaker 2: of the word remarkable. Pretty much everything he does by

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Speaker 2: normal standards is remarkable. So what's now remarkable is that

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Speaker 2: the word remarkable is no longer remarkable. I will highlight this.

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Speaker 2: This week. We had threats to impost twenty five percent

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Speaker 2: tariffs on the EU. We had confusion over the Canada

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Speaker 2: and Mexico tariffs. They wouldn't they. By the end of

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Speaker 2: the week, Trump had come out and said, yep, they're

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Speaker 2: starting next week, and there's going to be another ten

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Speaker 2: percent on top of the ten percent China's already got.

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Speaker 2: We had a cabinet meeting where Elon Musk took center stage.

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Speaker 2: He gained Trump's plauds to the points that Trump effectively

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Speaker 2: threatened people in the cabinet that they're in trouble if

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Speaker 2: they didn't say Elon Musk was a really good bloke.

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Speaker 1: It was just weird.

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Speaker 2: An incredible email from Elon Musk to bureaucrats telling him

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Speaker 2: to list what they've done. In the last week. We

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Speaker 2: had the US siding with Russia by forcing the US

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Speaker 2: to withdraw a UN motion condemning Moscow twenty twenty two,

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Speaker 2: invasions of Ukraine, and deal between the US Ukraine over

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Speaker 2: access to minerals. Though what that means in terms of security,

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Speaker 2: who knows. We had the US gold visa card five

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Speaker 2: million bucks no problems. You had a social security number,

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Speaker 2: we had a van on unfriendly media from the white hats.

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Speaker 2: All of these things are remarkable in a normal world,

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Speaker 2: but remarkable no longer carries it. What was the most

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Speaker 2: remarkable thing, and Michael pointed this one out to me,

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Speaker 2: the handshake between French President Emmanuel mccron and Trump. It

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Speaker 2: lasted a long, long, long, long. It fifteen seconds. It

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Speaker 2: was a tugger war and they're putting their hands on

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Speaker 2: each other's shoulder, and then then they had this pressco

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Speaker 2: It was very awkward. I actually got Keir Starmer, the

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Speaker 2: UK Prime Minister, did a better job because he managed

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Speaker 2: to stand there and it was sort of a gritted

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Speaker 2: teeth moment, but he actually stood up to Trump somewhat

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Speaker 2: around how Putin should be regarded with respect to Ukraine

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Speaker 2: and Russia. So he did a better job. The point

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Speaker 2: of all this it was like.

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Speaker 1: Actually, you know the movie, Yes, when Hugh Grants, the

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Speaker 1: British PM stands up to ye US President, it's exactly

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Speaker 1: the same. Yeah. Yeah.

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Speaker 2: And then but what I thought was interesting with kids

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Speaker 2: Dharma identical identical is he stood up to Trump, but

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Speaker 2: Trump Trump then went over the top about how close

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Speaker 2: the UK in the US were more so than the French.

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Speaker 2: Now I dare say Donald Trump doesn't like the Europeans

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Speaker 2: quite as much as he likes the Brits. I did

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Speaker 2: like the fact. Also, he didn't know what orcust was,

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Speaker 2: so they asked about orcus in the in a press conference.

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Speaker 2: Is difficult about the orcus? And he said, what's that?

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Speaker 1: He thought they were talking about the killer whale.

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Speaker 2: The Orcas was like, that's giving him a little too

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Speaker 2: much credit. Anyway, it's remarkable, how unremarkable the remarkable things

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Speaker 2: that Donald Trump is doing. That's my remarkable story for

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Speaker 2: the week.

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Speaker 3: Okay, I'm vexed on this one, because all of those

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Speaker 3: things are incredibly remarkable.

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Speaker 2: But that's the point. They're not remarkable anymore.

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Speaker 1: Well, you don't find remarkable, right Those planes are remarkable.

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Speaker 2: Stay in the air, How that is remarkable. I get

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Speaker 2: the idea you take off and the air pressure, but

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Speaker 2: they're made of metal. So you know what I do

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Speaker 2: when you're driving in a cane, I put the window down.

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Speaker 2: If you're going over sixty commas an hour and eighty commas,

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Speaker 2: and you put your hand out the window and you

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Speaker 2: let your hand get taken off like that. That's the

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Speaker 2: only So then when I got on playing some nervous flyer,

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Speaker 2: I think to myself, there I am which window I'd

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Speaker 2: liked it, and I'm thinking it's going two hundred and

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Speaker 2: twenty k's two hundred and thirty. K's that lift off.

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Speaker 2: Yeah it'll be okay, we'll get myself through it. Yeah,

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Speaker 2: good work, good self, cane a little bit so sharing

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Speaker 2: a little too much.

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Speaker 4: This is good, Michael.

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Speaker 3: At one point you said, I judge myself, so just

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Speaker 3: as musical reference, of course, the the Vinyl's great hit

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Speaker 3: I touched myself, which I think was very very close, So.

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Speaker 2: That too far. I mean, the great Chrissy and beautiful

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Speaker 2: voice died far to what a front person unbelievable but

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Speaker 2: totally irrelevant to this conversation.

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Speaker 3: Very well, I'm back to the category Michael wins because

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Speaker 3: it crystallized in a single hour.

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Speaker 4: Yeah, I thought those two things.

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Speaker 3: And about to your points, Michael, how far we've come

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Speaker 3: in twelve months were indeed remarkable, and.

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Speaker 4: We win, like we'll get cheaper airfares out of this, so.

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Speaker 2: We haven't competend been speaking about the Virgin katathing until

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Speaker 2: this week. So what a you're trying to say, Yep,

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Speaker 2: pretty much.

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Speaker 3: Single hour this week was important because it was approved

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Speaker 3: the twenty five percent purchase and the announcement of the results.

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Speaker 1: I love the fact that it was one hour and

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Speaker 1: it took me nearly as long to do the story.

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Speaker 1: It pretty much did the story in real time, kind

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Speaker 1: of as people found out about it on Tuesday. I

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Speaker 1: told you about it on Sta low by Blow. All right, okay,

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Speaker 1: one all, I think we can all be pleasantly surprised

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Speaker 1: by that.

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Speaker 2: I'm certainly surprised.

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Speaker 1: Yes, okay, all right, we'll take a quick break and

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Speaker 1: come back with our mystery category. All right, Sean, we

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Speaker 1: are well, we would normally be looking for a sleeper

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Speaker 1: story here, but we have done away with the sleeper

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Speaker 1: story for this week, and instead we have introduced the

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Speaker 1: mystery category.

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Speaker 2: And I think we need to explain that every week

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Speaker 2: it will be a different category, so we're not just

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Speaker 2: having Well, in a moment, we'll tell you this week's category,

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Speaker 2: but we are including ahead of time to tell you

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Speaker 2: what the category is consistent. It could be listeners out

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Speaker 2: there who would like to get in touch with.

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Speaker 1: Us, nominate a category for us to do. But the

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Speaker 1: thing is yes, Sean, and I will will pick one

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Speaker 1: of them.

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Speaker 2: I do like the category most likely to irritate Adam.

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Speaker 2: That's a good one, the category most likely I can't.

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Speaker 1: Yes, should also do a category where the story must

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Speaker 1: be done in just one sentence in a.

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Speaker 4: High co that's proble.

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Speaker 1: What about a limerick?

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Speaker 4: A limerick?

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Speaker 1: Oh, let's do this. Okay, okay, So any any suggestions,

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00:23:14,280 --> 00:23:16,520
Speaker 1: any ideas, Please get in touch. Go to our website

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Speaker 1: Faringgreen dot com.

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Speaker 2: Tod are you Michael? The category this week?

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Speaker 1: Oh yeah, sorry? The category this week? It is the

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Speaker 1: most ridiculous story. Because Short and I were talking about it,

439
00:23:28,400 --> 00:23:30,639
Speaker 1: We're just like God, there's been some ridiculous stories around

440
00:23:30,640 --> 00:23:34,160
Speaker 1: this week, and we thought this will surprise Adam. Let's

441
00:23:34,160 --> 00:23:36,280
Speaker 1: see him apply his This is.

442
00:23:36,200 --> 00:23:39,800
Speaker 3: A storytelling battle because so many things are ridiculous going

443
00:23:39,800 --> 00:23:40,160
Speaker 3: to be.

444
00:23:40,160 --> 00:23:42,840
Speaker 2: Yeah, maybe I should have had that have been the

445
00:23:42,840 --> 00:23:47,080
Speaker 2: most ridiculous. Yes, but we still want to stay on

446
00:23:47,400 --> 00:23:50,600
Speaker 2: track in terms of what we are at heart at

447
00:23:50,640 --> 00:23:57,320
Speaker 2: fewing greed, business news, dodgy blokeing good.

448
00:23:57,560 --> 00:23:58,199
Speaker 4: That's true.

449
00:23:59,280 --> 00:24:02,399
Speaker 2: My most ridicular story this week, first day. Would you

450
00:24:02,440 --> 00:24:03,000
Speaker 2: like to go first?

451
00:24:03,080 --> 00:24:03,680
Speaker 1: No, that's fine.

452
00:24:04,200 --> 00:24:11,720
Speaker 2: It was my turn five the absolute rush that's ridiculous,

453
00:24:11,840 --> 00:24:18,280
Speaker 2: the absolute rush to reverse good governance, climate change, stuff

454
00:24:18,400 --> 00:24:21,080
Speaker 2: like that going on around the world at the moment.

455
00:24:21,640 --> 00:24:25,320
Speaker 2: We had a story General Motors, Porsche, BMW, Mercedes Benz

456
00:24:25,840 --> 00:24:29,840
Speaker 2: over the past few weeks have decided to invest in

457
00:24:29,960 --> 00:24:35,399
Speaker 2: internal combustion engines hybrid models even as they try and

458
00:24:35,480 --> 00:24:39,239
Speaker 2: increase the rille out of electric cars electric vehicles. But

459
00:24:39,640 --> 00:24:44,040
Speaker 2: essentially they've shifted back to ice internal combustion engines for

460
00:24:44,040 --> 00:24:47,560
Speaker 2: those who didn't know, and to hybrids away from evs.

461
00:24:47,840 --> 00:24:53,439
Speaker 2: We had giant BP dumping all premise off shifting to

462
00:24:53,480 --> 00:24:56,920
Speaker 2: green energy. It's abandoned its five year attempt to reinvent itself.

463
00:24:57,200 --> 00:24:58,840
Speaker 2: It's just going to be an oil and gas company,

464
00:24:58,880 --> 00:25:01,840
Speaker 2: isn't it. It's going to boost spending by about twenty

465
00:25:01,880 --> 00:25:04,600
Speaker 2: percent on oil and gas to ten billion a year,

466
00:25:04,920 --> 00:25:09,520
Speaker 2: cutting spending on renewables by seventy percent. That's a huge amount,

467
00:25:10,400 --> 00:25:14,440
Speaker 2: seventy percent. Basically, they just said it hasn't worked.

468
00:25:14,640 --> 00:25:15,199
Speaker 4: Don't let him.

469
00:25:15,200 --> 00:25:16,320
Speaker 1: We let him lecture you.

470
00:25:16,400 --> 00:25:21,400
Speaker 2: We're ditching. We're ditching fossil fuel production targets. We're ditching

471
00:25:21,560 --> 00:25:25,119
Speaker 2: kind of the plan to get gigawatts of renewable power.

472
00:25:25,400 --> 00:25:27,240
Speaker 2: We're just an oil and gas company. That's what we're doing.

473
00:25:27,760 --> 00:25:30,520
Speaker 2: Woodside Energy's mego, now bring it home. She was asked

474
00:25:30,520 --> 00:25:33,520
Speaker 2: about Donald Trump's comments, you know, like drill, baby, drill.

475
00:25:33,800 --> 00:25:36,000
Speaker 2: Is that helpful to the oil and gas sector? And

476
00:25:36,040 --> 00:25:40,800
Speaker 2: She's like, oh, all right, maybe a little bit. Oh,

477
00:25:40,880 --> 00:25:42,680
Speaker 2: come on, even you could throw in I reckon the

478
00:25:42,720 --> 00:25:44,920
Speaker 2: white tech global stuff that we've been talking about. Would

479
00:25:44,960 --> 00:25:48,640
Speaker 2: they be as emboldened in a non Donald Trump world

480
00:25:48,760 --> 00:25:51,760
Speaker 2: to do what they did? Don't know, they're all couching

481
00:25:51,840 --> 00:25:56,000
Speaker 2: in terms of shareholder value, customer value, those sorts of things.

482
00:25:56,320 --> 00:26:01,880
Speaker 2: But the reverse ferreting at the moment, he's just ridiculous.

483
00:26:02,280 --> 00:26:08,440
Speaker 2: It is reverse ferreting. Yeah, now that I remember where

484
00:26:08,440 --> 00:26:11,440
Speaker 2: that comes from, and probably shouldn't have said it anyway,

485
00:26:12,320 --> 00:26:19,199
Speaker 2: most ridiculous. What corporates are, What corporates are doing at

486
00:26:19,240 --> 00:26:22,399
Speaker 2: the moment in terms of some of these governance, climate

487
00:26:22,440 --> 00:26:24,040
Speaker 2: change issues, ridiculous.

488
00:26:24,080 --> 00:26:30,720
Speaker 5: Michael Adam, it is quite ridiculous, frankly ridiculous that this

489
00:26:30,760 --> 00:26:38,199
Speaker 5: week we have had the largest ever theft ever in history?

490
00:26:39,000 --> 00:26:42,800
Speaker 2: Was it the largest ever? Right? And nobody's talking about

491
00:26:42,800 --> 00:26:43,080
Speaker 2: as in.

492
00:26:43,000 --> 00:26:46,119
Speaker 4: A crypto or golden toilet weight weight.

493
00:26:47,600 --> 00:26:48,400
Speaker 2: It's a good point, though.

494
00:26:49,040 --> 00:26:52,640
Speaker 1: Crypto God, you didn't have to wait long. Crypto exchange

495
00:26:52,720 --> 00:26:58,040
Speaker 1: by bit by bit was hacked and an estimated two

496
00:26:58,040 --> 00:27:03,040
Speaker 1: point four billion dollar of crypto of ethereum was taken.

497
00:27:03,920 --> 00:27:07,280
Speaker 1: That's about one point four or five billion US just

498
00:27:07,800 --> 00:27:12,280
Speaker 1: gone into the night, into the night. I'm assuming it

499
00:27:12,280 --> 00:27:16,119
Speaker 1: was during the night, just gone. And the thing is

500
00:27:15,960 --> 00:27:18,399
Speaker 1: this is this is not just the biggest crypto theft

501
00:27:18,480 --> 00:27:20,680
Speaker 1: in history, bigger than the six hundred and sixty one

502
00:27:20,760 --> 00:27:25,040
Speaker 1: million US dollars stolen in an incident in twenty twenty one.

503
00:27:25,560 --> 00:27:27,560
Speaker 2: It is twenty one incident.

504
00:27:28,160 --> 00:27:29,399
Speaker 1: I think I might have talked about it in the

505
00:27:29,400 --> 00:27:36,600
Speaker 1: weekend edition. Then it is the biggest heist in history,

506
00:27:36,720 --> 00:27:41,760
Speaker 1: cracking wordist. Bigger, according to the Guardian, than the one

507
00:27:41,880 --> 00:27:45,360
Speaker 1: billion dollars that were stolen by Saddam Hussein from Iraqs

508
00:27:45,359 --> 00:27:48,400
Speaker 1: Central Bank before the war in two thousand and three.

509
00:27:48,480 --> 00:27:49,320
Speaker 1: Isn't that fascinating?

510
00:27:49,800 --> 00:27:54,240
Speaker 2: And wait, it gets worse, It gets more ridiculous, it does,

511
00:27:54,440 --> 00:27:55,280
Speaker 2: it gets a category.

512
00:27:55,359 --> 00:27:58,320
Speaker 1: It gets increasingly ridiculous. The more I talk, the more

513
00:27:58,400 --> 00:28:02,040
Speaker 1: ridiculous I sound. Yes, I don't think I've ever said

514
00:28:02,080 --> 00:28:07,080
Speaker 1: anything more true, right, because guess who stole the crypto

515
00:28:08,040 --> 00:28:12,280
Speaker 1: tell us Michael. According to the FBI, it was North Korea.

516
00:28:13,200 --> 00:28:17,159
Speaker 1: North Korea stole the crypto. They've got a very sophisticated

517
00:28:17,200 --> 00:28:20,480
Speaker 1: cyber crime unit called the Lazarus Group, and they've stolen

518
00:28:20,920 --> 00:28:24,280
Speaker 1: huge sums, massive sums, extraordinary sums.

519
00:28:24,600 --> 00:28:27,720
Speaker 2: Nowhere need never had a heist as big as this

520
00:28:27,760 --> 00:28:33,600
Speaker 2: one ever, ever, because this is the biggest heist in

521
00:28:33,960 --> 00:28:34,720
Speaker 2: history ever.

522
00:28:35,440 --> 00:28:37,639
Speaker 1: They've stolen huge sums in the past, and you know

523
00:28:37,680 --> 00:28:41,080
Speaker 1: what that money has gone to in the past, North

524
00:28:41,160 --> 00:28:46,480
Speaker 1: Korea's nuclear and ballistic missile programs. So not only right,

525
00:28:46,600 --> 00:28:48,880
Speaker 1: this is how ridiculous this story is. Not only are

526
00:28:48,880 --> 00:28:52,080
Speaker 1: we dealing with the biggest theft in history, it is

527
00:28:52,120 --> 00:28:57,680
Speaker 1: probably being used to fund a dictator's nuclear missile program.

528
00:28:57,960 --> 00:29:00,600
Speaker 1: The whole story is ridiculous, to the that it sounds

529
00:29:00,640 --> 00:29:02,800
Speaker 1: like I've made it up, but I haven't. I just

530
00:29:02,800 --> 00:29:05,920
Speaker 1: think this it defined.

531
00:29:06,320 --> 00:29:09,440
Speaker 2: Ridiculous, ridiculous, city, ridiculous.

532
00:29:09,960 --> 00:29:13,320
Speaker 1: Why did I follow you into that, Adam?

533
00:29:13,840 --> 00:29:16,760
Speaker 3: I think I wonder if ridiculous category is a great

534
00:29:16,840 --> 00:29:20,160
Speaker 3: fodder for movie script because both of them, these stories

535
00:29:20,240 --> 00:29:23,160
Speaker 3: so just fantastic. You remember the Italian job, right, but

536
00:29:23,240 --> 00:29:26,040
Speaker 3: think about the contemporary version of the Lazarus Project.

537
00:29:26,200 --> 00:29:28,440
Speaker 1: I'm going to say that one story lends itself to

538
00:29:28,480 --> 00:29:31,600
Speaker 1: a movie better than the other one. I can't imagine

539
00:29:31,600 --> 00:29:34,880
Speaker 1: a movie about all the president's men another piece of

540
00:29:34,920 --> 00:29:35,840
Speaker 1: dramatic genius.

541
00:29:35,840 --> 00:29:38,880
Speaker 2: This isn't about which one which this isn't, But this

542
00:29:38,920 --> 00:29:41,400
Speaker 2: isn't the category about which lends itself to the best.

543
00:29:42,160 --> 00:29:42,800
Speaker 4: It could be.

544
00:29:43,160 --> 00:29:46,080
Speaker 3: It's a draw because I can't call the difference sewn.

545
00:29:46,200 --> 00:29:49,360
Speaker 3: Your point about the lurch away from what people have

546
00:29:49,480 --> 00:29:53,640
Speaker 3: kind of pejoratively described as wokeism, right, and then gone

547
00:29:53,800 --> 00:29:57,160
Speaker 3: lurch back because Trump's in five weeks later, here we are.

548
00:29:57,480 --> 00:30:02,160
Speaker 4: You know, it's just incredible. So ah, it's ridiculous.

549
00:30:02,240 --> 00:30:05,600
Speaker 3: But on your story, Michael, it's just so much fantasy

550
00:30:05,640 --> 00:30:07,840
Speaker 3: about it, and that North Korea was behind.

551
00:30:07,520 --> 00:30:12,000
Speaker 1: There because heist in history, surprise, I think it's going

552
00:30:12,040 --> 00:30:15,880
Speaker 1: to be behind it Russia, a private criminal group.

553
00:30:15,880 --> 00:30:18,120
Speaker 2: Russia, Russia or North Korea or China or.

554
00:30:18,080 --> 00:30:20,480
Speaker 1: Take a take take your pick of a bunch of them.

555
00:30:20,640 --> 00:30:23,080
Speaker 3: Well, it used to be Ukraine was heavily involved in this.

556
00:30:23,000 --> 00:30:25,840
Speaker 3: This is this is it used to be Ukraine before

557
00:30:26,080 --> 00:30:26,560
Speaker 3: the war.

558
00:30:26,720 --> 00:30:28,240
Speaker 4: There was a lot before we.

559
00:30:28,280 --> 00:30:31,160
Speaker 2: Really liked Ukraine when it was called the Ukraine, and

560
00:30:31,440 --> 00:30:33,080
Speaker 2: that's when it was like that. Now it's Ukraine and

561
00:30:33,080 --> 00:30:33,560
Speaker 2: we love them.

562
00:30:33,640 --> 00:30:35,920
Speaker 1: Look, I appreciate getting half a point, but the winner

563
00:30:35,960 --> 00:30:38,680
Speaker 1: of the most ridiculous category is you're judging Adam.

564
00:30:39,200 --> 00:30:39,800
Speaker 4: Thank you.

565
00:30:39,880 --> 00:30:43,560
Speaker 2: In fact, let's go one one way. If you're I'm happy,

566
00:30:43,640 --> 00:30:45,600
Speaker 2: let's take one one one.

567
00:30:46,680 --> 00:30:49,600
Speaker 1: You have a point. You got thet for the most

568
00:30:49,680 --> 00:30:54,080
Speaker 1: ridiculous decision because I should have won that. Okay, fine,

569
00:30:54,760 --> 00:30:55,240
Speaker 1: let's race.

570
00:30:56,320 --> 00:30:56,400
Speaker 2: Uh.

571
00:30:57,200 --> 00:31:01,520
Speaker 1: The most watched text stock in the world and arguably

572
00:31:01,520 --> 00:31:04,200
Speaker 1: the most important right now, reported its results this week.

573
00:31:04,640 --> 00:31:08,720
Speaker 1: Chip Maker and Video right It's sales for the three

574
00:31:08,720 --> 00:31:10,280
Speaker 1: months to the end of January.

575
00:31:10,560 --> 00:31:15,600
Speaker 2: Because you've you've really killed this story. Its sales for

576
00:31:16,280 --> 00:31:16,920
Speaker 2: the end of January.

577
00:31:17,320 --> 00:31:19,200
Speaker 1: What I want to do is just like get an

578
00:31:19,200 --> 00:31:21,560
Speaker 1: idea of just how big these numbers are.

579
00:31:21,800 --> 00:31:22,240
Speaker 4: The scale.

580
00:31:22,280 --> 00:31:25,000
Speaker 1: This is extraordinary. And I know I've used this word

581
00:31:25,080 --> 00:31:26,760
Speaker 1: probably like four or five times already, so I'll say

582
00:31:26,800 --> 00:31:32,760
Speaker 1: staggering insteadiculous. Ridiculous. Yeah, up seventy eight percent on prior

583
00:31:32,840 --> 00:31:38,080
Speaker 1: year to thirty nine point three billion US dollars, A

584
00:31:38,160 --> 00:31:41,320
Speaker 1: whopping a massive amount of money. Do you know what

585
00:31:41,320 --> 00:31:43,880
Speaker 1: that equates to I'm going to tell you money.

586
00:31:43,960 --> 00:31:45,440
Speaker 4: Yes, pretty well, familiar with it.

587
00:31:45,520 --> 00:31:46,840
Speaker 1: Yeah, do you know what?

588
00:31:46,840 --> 00:31:48,920
Speaker 2: I give him a chance, he's done, he's done, I've

589
00:31:48,920 --> 00:31:51,400
Speaker 2: done the give him a break.

590
00:31:51,960 --> 00:31:54,640
Speaker 1: Four hundred and twenty seven million US dollars a day?

591
00:31:54,800 --> 00:31:55,200
Speaker 2: How much?

592
00:31:55,360 --> 00:31:59,000
Speaker 1: Four hundred and twenty seven million US dollars. This is extraordinary, right,

593
00:31:59,000 --> 00:32:00,760
Speaker 1: And the thing that makes it even more extraordinary the

594
00:32:00,840 --> 00:32:02,360
Speaker 1: result beat expectations.

595
00:32:02,760 --> 00:32:02,960
Speaker 4: Right.

596
00:32:03,200 --> 00:32:05,880
Speaker 1: It actually came in better than analysts had expected. They'd

597
00:32:05,960 --> 00:32:09,600
Speaker 1: been expecting about thirty eight point one billion US dollars

598
00:32:09,600 --> 00:32:11,600
Speaker 1: came to thirty nine point three billion. And yet there

599
00:32:11,680 --> 00:32:14,040
Speaker 1: was still talk that Wall Street had wanted an even

600
00:32:14,120 --> 00:32:17,520
Speaker 1: bigger demolition of the target, and the share price actually

601
00:32:17,560 --> 00:32:20,080
Speaker 1: dropped because of the looking ahead to the future of

602
00:32:20,080 --> 00:32:23,080
Speaker 1: what is going to be possible. It is my favorite story, right,

603
00:32:23,120 --> 00:32:25,520
Speaker 1: because this is just such a fascinating company, and it

604
00:32:25,600 --> 00:32:28,040
Speaker 1: is such an important company as well. And this is

605
00:32:29,560 --> 00:32:31,720
Speaker 1: and we saw it recently in the last month or

606
00:32:31,720 --> 00:32:34,360
Speaker 1: so experience its first real challenge with the arrival of

607
00:32:35,000 --> 00:32:38,360
Speaker 1: Deep Seek, the Chinese AI company on the scene. Ai

608
00:32:38,600 --> 00:32:41,880
Speaker 1: is booming, right, Ai is just it is just staggering

609
00:32:41,880 --> 00:32:45,240
Speaker 1: how much And we talked all throughout the week. Sean,

610
00:32:45,320 --> 00:32:48,520
Speaker 1: you talked in particular a lot throughout the week about

611
00:32:48,560 --> 00:32:54,160
Speaker 1: the Magnificent seven tex stocks going into correction, kind of

612
00:32:54,400 --> 00:32:58,000
Speaker 1: zone phase, territory, territory there a go. I was like,

613
00:32:58,120 --> 00:33:00,560
Speaker 1: there's a word here, it'll come to you. Eventually. It

614
00:33:00,560 --> 00:33:03,200
Speaker 1: didn't come to me, thank you, Sean, led by a

615
00:33:03,200 --> 00:33:06,360
Speaker 1: plunge in Tesla stocks. But those numbers from Nvidio just

616
00:33:06,400 --> 00:33:09,400
Speaker 1: show that while the Magnificent Seven might have lost some

617
00:33:09,440 --> 00:33:12,720
Speaker 1: of its shine, there is just so much demand for

618
00:33:12,760 --> 00:33:14,240
Speaker 1: AI and it is staggering.

619
00:33:14,400 --> 00:33:16,400
Speaker 2: Can't tie my favorite story, please.

620
00:33:16,560 --> 00:33:20,920
Speaker 1: Just move on, was so prepared for it.

621
00:33:21,640 --> 00:33:24,800
Speaker 2: There is just one great story this week, really, the

622
00:33:24,880 --> 00:33:30,280
Speaker 2: stolen golden Saga story, the stolen golden.

623
00:33:30,000 --> 00:33:32,200
Speaker 4: Toot from Blenham Paller.

624
00:33:32,200 --> 00:33:38,200
Speaker 2: From Blenham Palace. The thiefs who stole the goldot worth

625
00:33:38,320 --> 00:33:41,680
Speaker 2: four point eight million pounds, it's nearly ten million, buzzy.

626
00:33:42,120 --> 00:33:44,400
Speaker 2: They stole from Blenham Palace. You know why Blenham Palace

627
00:33:44,480 --> 00:33:45,000
Speaker 2: is famous?

628
00:33:45,280 --> 00:33:47,600
Speaker 4: Adam Yeah, Winston Churchill's home.

629
00:33:47,520 --> 00:33:50,840
Speaker 2: He married, and it also had a gold toilet.

630
00:33:51,120 --> 00:33:53,680
Speaker 4: That was later on briefly, very briefly.

631
00:33:53,680 --> 00:33:56,040
Speaker 2: That's the point. Five men are accused of stealing the

632
00:33:56,080 --> 00:34:00,360
Speaker 2: eighteen character gold toilet from the stately home in West

633
00:34:00,360 --> 00:34:02,400
Speaker 2: of London just days after it was installed, so it

634
00:34:02,400 --> 00:34:04,480
Speaker 2: was only actually in there for a little while, but

635
00:34:04,520 --> 00:34:07,480
Speaker 2: it was installed as an artwork in September twenty nineteen.

636
00:34:07,480 --> 00:34:09,880
Speaker 2: What I love about this stories they installed it as

637
00:34:09,880 --> 00:34:12,799
Speaker 2: an artwork and then fully plumber it. So if it's

638
00:34:12,800 --> 00:34:15,840
Speaker 2: an artwork, why would you put the plumbing in. That's

639
00:34:16,160 --> 00:34:17,240
Speaker 2: be imposting.

640
00:34:17,640 --> 00:34:19,880
Speaker 4: Art can have function, it's meant to be used.

641
00:34:20,040 --> 00:34:21,880
Speaker 2: Really, sit on a golden can.

642
00:34:22,080 --> 00:34:22,919
Speaker 4: I couldn't name.

643
00:34:23,080 --> 00:34:24,719
Speaker 1: But I love the fact that you could actually book

644
00:34:24,840 --> 00:34:27,160
Speaker 1: in to do it as part of it. You could

645
00:34:27,200 --> 00:34:29,080
Speaker 1: book in a three minute appointment.

646
00:34:30,200 --> 00:34:30,799
Speaker 2: I did not know that.

647
00:34:30,920 --> 00:34:32,120
Speaker 1: Yeah, you could to use it.

648
00:34:32,239 --> 00:34:32,520
Speaker 2: Yeah.

649
00:34:32,560 --> 00:34:35,200
Speaker 1: And so that's when when these guys that were casing

650
00:34:35,400 --> 00:34:38,920
Speaker 1: the casing the joint using the terminology that would like

651
00:34:38,920 --> 00:34:41,200
Speaker 1: book in, they booked him for these appointments and were

652
00:34:41,239 --> 00:34:44,440
Speaker 1: taking photos of like the hinges on the doors and

653
00:34:44,480 --> 00:34:46,719
Speaker 1: things like that using those appointments.

654
00:34:46,719 --> 00:34:49,640
Speaker 2: The person making the bookings that they obviously has coming

655
00:34:49,719 --> 00:34:50,600
Speaker 2: Naster dinner.

656
00:34:51,880 --> 00:34:52,360
Speaker 4: Bookings.

657
00:34:53,560 --> 00:34:57,160
Speaker 2: Anyway, It's alleged the five men drive through locked wooden gates,

658
00:34:57,160 --> 00:34:58,880
Speaker 2: so they just mashed through them. Into the grounds of

659
00:34:58,960 --> 00:35:03,360
Speaker 2: Lenham Palace early in the morning, stolen. The two stolen

660
00:35:03,440 --> 00:35:06,480
Speaker 2: vehicles got there five am, drove across the field, up

661
00:35:06,520 --> 00:35:09,080
Speaker 2: the front steps, smashed and broke in through a window,

662
00:35:09,120 --> 00:35:10,880
Speaker 2: and then broke down the wooden door in the cubicle

663
00:35:11,120 --> 00:35:12,680
Speaker 2: where the toilet was.

664
00:35:12,880 --> 00:35:15,919
Speaker 1: So they weren't particularly subtle amount of They just drove

665
00:35:16,000 --> 00:35:17,960
Speaker 1: through the gates, drove across the law and ran up

666
00:35:18,000 --> 00:35:20,040
Speaker 1: the stairs, smashed the window, jumped in, knocked down the door.

667
00:35:20,120 --> 00:35:22,239
Speaker 2: Why they grabbed the tort why did they.

668
00:35:22,120 --> 00:35:27,160
Speaker 1: Bother casing the jiant It was essentially a ram raid, That's.

669
00:35:27,000 --> 00:35:29,160
Speaker 2: Exactly what it was. And the detailed you know in

670
00:35:29,200 --> 00:35:32,240
Speaker 2: the court case. So you know they stole it, leaving

671
00:35:32,520 --> 00:35:36,840
Speaker 2: water pouring out of the pipes and then they drove away.

672
00:35:37,480 --> 00:35:39,120
Speaker 2: Now the same thing is we're never going to find

673
00:35:39,120 --> 00:35:41,440
Speaker 2: it back. It's been cut down or melted down at

674
00:35:41,440 --> 00:35:47,480
Speaker 2: whatever you do and sold the court case. I'm not stairs.

675
00:35:47,520 --> 00:35:50,000
Speaker 1: I'm in hope. So igine getting a wedding ring made

676
00:35:50,000 --> 00:35:51,080
Speaker 1: out of toilet.

677
00:35:52,760 --> 00:35:54,280
Speaker 2: That had three minute occupants?

678
00:35:55,520 --> 00:35:56,440
Speaker 1: How many people.

679
00:35:58,400 --> 00:36:00,080
Speaker 2: Favorite story?

680
00:36:03,760 --> 00:36:06,719
Speaker 3: Such a tough battle, I'm going to give it to

681
00:36:06,800 --> 00:36:11,040
Speaker 3: in video. The stolen Golden toilet also.

682
00:36:10,920 --> 00:36:12,080
Speaker 4: Could be another movie script.

683
00:36:12,480 --> 00:36:17,360
Speaker 3: Brilliant, but so such a discreet story as it's in impact.

684
00:36:17,480 --> 00:36:19,120
Speaker 4: Economic impact of that story.

685
00:36:18,960 --> 00:36:23,200
Speaker 2: Is not doll sometimes I mean fair in this is

686
00:36:23,239 --> 00:36:28,480
Speaker 2: like favorite story. You're worried about sales per second or

687
00:36:28,480 --> 00:36:31,160
Speaker 2: something or other. Just Michael's crapping on about I'm just

688
00:36:31,160 --> 00:36:34,200
Speaker 2: talking about a golden toot. Loosener, get rid of that.

689
00:36:34,360 --> 00:36:36,600
Speaker 2: It's a Saturday morning. I've got a tie on, get

690
00:36:36,680 --> 00:36:37,080
Speaker 2: rid of it.

691
00:36:37,440 --> 00:36:39,160
Speaker 4: Got a function, well, I don't care.

692
00:36:39,200 --> 00:36:42,200
Speaker 2: Get rid of the tie, loosen up and enjoy a

693
00:36:42,239 --> 00:36:45,160
Speaker 2: fun story on a Saturday morning about a golden tourt

694
00:36:45,520 --> 00:36:48,279
Speaker 2: rather than forty two thousand dollars a second order.

695
00:36:49,000 --> 00:36:51,080
Speaker 1: What kind of Saturday function do you go to that

696
00:36:51,160 --> 00:36:52,160
Speaker 1: requires you to wear.

697
00:36:52,000 --> 00:36:54,080
Speaker 2: A full suit? It's going to be a wening business

698
00:36:54,239 --> 00:36:55,400
Speaker 2: function wedning.

699
00:36:55,760 --> 00:36:58,680
Speaker 4: Well, then there's some sort of more salubrious case.

700
00:36:58,840 --> 00:37:00,360
Speaker 1: Yes, the polo.

701
00:37:01,520 --> 00:37:02,439
Speaker 4: Never been at the pole?

702
00:37:02,800 --> 00:37:07,640
Speaker 2: Really really man, not really my vibe after I last

703
00:37:07,640 --> 00:37:14,200
Speaker 2: saw Madam Pallace did a tinkle the so I won

704
00:37:14,800 --> 00:37:15,200
Speaker 2: you did?

705
00:37:15,480 --> 00:37:17,680
Speaker 1: Oh my god? Wait, mother of pearl.

706
00:37:18,960 --> 00:37:20,800
Speaker 5: See pearls would be at the pollo, wouldn't They'd be

707
00:37:21,520 --> 00:37:25,319
Speaker 5: yes as in like the next, like yes, the next,

708
00:37:25,440 --> 00:37:25,839
Speaker 5: the name.

709
00:37:26,600 --> 00:37:28,640
Speaker 2: Oh well some of the older ladies. Some of the

710
00:37:28,640 --> 00:37:29,760
Speaker 2: older ladies could be a pool.

711
00:37:29,920 --> 00:37:31,560
Speaker 1: Yeah, I assumed you meant the name.

712
00:37:32,920 --> 00:37:34,160
Speaker 2: Yeah, twin set and the pearls.

713
00:37:35,520 --> 00:37:38,400
Speaker 1: Okay, so two one one two one one. What was

714
00:37:38,440 --> 00:37:41,319
Speaker 1: the point score? Just so I can fully bask in there?

715
00:37:41,440 --> 00:37:44,719
Speaker 3: Okay, Look it's an even more rare event. Sewn eighty

716
00:37:44,800 --> 00:37:47,080
Speaker 3: nine points, Michael ninety one points.

717
00:37:48,080 --> 00:37:49,560
Speaker 4: He's one on points as well.

718
00:37:52,160 --> 00:37:56,600
Speaker 1: Speechless, Am I this is that's a good result. Look,

719
00:37:56,640 --> 00:37:58,520
Speaker 1: I think everyone this is as a winner for the

720
00:37:58,520 --> 00:37:59,120
Speaker 1: people did.

721
00:37:59,080 --> 00:38:03,359
Speaker 2: The objective by thing about the sales versus golden. I'm

722
00:38:03,360 --> 00:38:05,279
Speaker 2: gonna hold that with me for a long long time.

723
00:38:05,360 --> 00:38:06,440
Speaker 4: Yeah, that might scar it.

724
00:38:08,160 --> 00:38:09,800
Speaker 1: Thank you Adam for you judging today.

725
00:38:10,640 --> 00:38:12,920
Speaker 4: Thank you, Michael, thank you, thank.

726
00:38:12,719 --> 00:38:17,160
Speaker 2: You, Sean, thank you, Michael, to Adam, to you sure,

727
00:38:17,280 --> 00:38:17,759
Speaker 2: thank you.

728
00:38:18,080 --> 00:38:20,279
Speaker 1: Make sure you're following the podcast and please join us

729
00:38:20,320 --> 00:38:24,640
Speaker 1: online on LinkedIn, Instagram, TikTok, Facebook, and X. I'm Michael Thompson.

730
00:38:24,719 --> 00:38:25,840
Speaker 1: And that was Fear and Greed.

731
00:38:26,239 --> 00:38:27,000
Speaker 4: Have a great weekend.