1
00:00:00,080 --> 00:00:03,040
Speaker 1: At Stifle, we believe investment advice is about more than

2
00:00:03,080 --> 00:00:06,280
Speaker 1: helping you manage your wealth. Our investment advice is about you.

3
00:00:06,720 --> 00:00:09,800
Speaker 1: It's about realizing your dreams may become a reality because

4
00:00:09,920 --> 00:00:12,840
Speaker 1: you have a plan. We believe in you find your

5
00:00:12,880 --> 00:00:15,720
Speaker 1: new Stifle financial advisor at stifle dot com. That's s

6
00:00:15,720 --> 00:00:18,480
Speaker 1: T I F E L. Stephen Nicholas and Company Incorporated

7
00:00:18,520 --> 00:00:20,040
Speaker 1: member s I P C and n Y S E

8
00:00:20,360 --> 00:00:24,320
Speaker 1: I Kea. I Kia is the world's most successful furniture

9
00:00:24,320 --> 00:00:27,920
Speaker 1: outlet and they want to stay that way. Now. Ikia

10
00:00:27,960 --> 00:00:31,160
Speaker 1: wants to add new store locations to respond to changes

11
00:00:31,200 --> 00:00:33,480
Speaker 1: in the way people live in shop. Right now, most

12
00:00:33,600 --> 00:00:38,040
Speaker 1: i Kias are in suburban areas outside major cities, but

13
00:00:38,120 --> 00:00:40,440
Speaker 1: the company says it over the next twenty years, fewer

14
00:00:40,479 --> 00:00:43,280
Speaker 1: people are going to be driving or we'll even have cars.

15
00:00:43,440 --> 00:00:46,640
Speaker 1: Obviously they're talking about millennials, and I'll bet you that's

16
00:00:46,680 --> 00:00:49,159
Speaker 1: not true. But that's a whole different day. So I

17
00:00:49,320 --> 00:00:53,360
Speaker 1: Kia is hunting for prime downtown locations in big cities worldwide.

18
00:00:53,360 --> 00:00:58,880
Speaker 1: They're looking in Paris, London, Berlin, Madrid, Tokyo, Shanghai and Mumbai.

19
00:00:59,200 --> 00:01:03,160
Speaker 1: Always loves Mumbai, and they're also looking in New York City.

20
00:01:03,520 --> 00:01:06,320
Speaker 1: Not to elected officials in almost all of these cities.

21
00:01:06,360 --> 00:01:09,480
Speaker 1: This is great news. Big company wants to invest in

22
00:01:09,480 --> 00:01:14,160
Speaker 1: their downtown areas. Means tax dollars, ancillary businesses, and more

23
00:01:14,280 --> 00:01:18,840
Speaker 1: economic activity. But you, I KEA executives are better. Beware.

24
00:01:18,920 --> 00:01:21,360
Speaker 1: If you really want to open a New York store,

25
00:01:21,400 --> 00:01:23,400
Speaker 1: you better come up with a plan to deal with

26
00:01:23,520 --> 00:01:27,200
Speaker 1: New York liberals. They hate big business. They might like

27
00:01:27,319 --> 00:01:29,080
Speaker 1: your furniture, but they don't want to pay for it,

28
00:01:29,160 --> 00:01:32,319
Speaker 1: and they will run big business out of town whatever

29
00:01:32,360 --> 00:01:37,480
Speaker 1: they can. Ask Amazon about that, Zos, he'll tell you

30
00:01:38,360 --> 00:01:39,400
Speaker 1: I can't wait to see this