Speaker 1: Broadcasting Live to New York Bloomberg eleventh Rio to Washington,
Speaker 1: d C. Bloomberg to Boston Bloomberg, Well under It, to
Speaker 1: San Francisco Bloomberg nine to the Country series Exam General
Speaker 1: one ninet and around the globe the Bloomberg Radio Plus
Speaker 1: athen Bloomberg dot com. This is taking Stock. I'm Kathleen Hayes,
Speaker 1: my co host Pim Fox on vacation this week. Are
Speaker 1: you at the highest end of the travel market where
Speaker 1: the normal rules no longer apply? Or do you just
Speaker 1: think you'd love to be well? Then you want to
Speaker 1: be listening to the guests coming up on taking Stock. Now,
Speaker 1: it's not to bend me. They give ultra high net
Speaker 1: worth clients opportunities for experiences and reservations that other luxury travelers,
Speaker 1: no matter how frequent, could ever ever buy. Anthony Lassman
Speaker 1: is the co founder of this firm, and he's going
Speaker 1: to be joining to talk about his business. But I'm
Speaker 1: just gonna have to ask him what his clients saying
Speaker 1: about Brexit and what does it mean to him. Luxury
Speaker 1: travel costs a lot. Let's get to Charlie Pellett. Now
Speaker 1: he's in the Bloomberg newsroom with a Bloomberg business flash,
Speaker 1: and I thank you very much, Kathleen Hayes. The bears
Speaker 1: continue to travel on this Monday with the Dow, the SMP,
Speaker 1: NSDAK all growling on Wall Street. Right now, the SMP
Speaker 1: down thirty nine points, to drop there of one point
Speaker 1: nine percent, a drop there of of thirty eight points
Speaker 1: to we've got nastack down a hundred and fourteen points
Speaker 1: to drop up two point four percent. Down industrials down
Speaker 1: to eighty five, a decline of one point six percent.
Speaker 1: The tenure up twenty nine thirty seconds. Looking at the
Speaker 1: yield of one point four or five percent gold right
Speaker 1: now of six dollars thirteen twenty eight the ounce for gold,
Speaker 1: that is a game of five tenths of one percent.
Speaker 1: Crude oil down a dollar twenty three of arrow forty
Speaker 1: six forty one right now on West Texas Intermediate crew.
Speaker 1: That is a drop of two point six percent. The
Speaker 1: aftershocks of the UK's vote to leave the EU continue
Speaker 1: to reverberate. The small morning, we sat down with the
Speaker 1: former channel of the Federal Reserve, Alan Greenspan. He was
Speaker 1: on Bloomberg surveillance talking about Brexit fallout wouldn't be that
Speaker 1: concerned about the currency, because it's not all that much
Speaker 1: you're going to be able to do about it. The
Speaker 1: effect of the town sterling against the US dollars that
Speaker 1: is as much our doing as it is there and
Speaker 1: his comments part of a Bloomberg Breakfast conversation hosted by
Speaker 1: Bloomberg ninety nine one this morning in Washington, again recapping
Speaker 1: SMP down one percent, Gold up point five percent, and
Speaker 1: a two thirty two on Wall Street. Now, let's take
Speaker 1: a look at other news from around the world. Thank you,
Speaker 1: Charlie from the Bloomberg Newsroom. I'm Julie Hyman. The Supreme
Speaker 1: Court is struck down at Texas law regulating abortion clinics.
Speaker 1: Bloomberg's Michael Barr has more. The Justice has voted five
Speaker 1: three in favor of striking down the Texas law, their
Speaker 1: protesters called a thinly veiled attempt to make it harder
Speaker 1: for women to get an abortion. Just as Stephen Bryer's
Speaker 1: majority opinion for the Court held at the regulations are
Speaker 1: medically unnecessary and unconstitutionally limit a woman's right to an abortion.
Speaker 1: The Texas rules required doctors who performed abortions to have
Speaker 1: admitting privileges at nearby hospitals and forced clinics to meet
Speaker 1: hospital like standards for outpatient surgery. Michael Barr Bloomberg Radio.
Speaker 1: Hillary Clinton, on the campaign trail in Cincinnati, took the
Speaker 1: stage with Elizabeth Warren. The Massachusetts senator offered a harsh
Speaker 1: critique of Donald Trump, calling him a quote small, insecure
Speaker 1: money grubber fighting only for himself. Ten people were stabbed
Speaker 1: and beaten after a white nationalist gript's rally outside the
Speaker 1: California state capital turned violent on Sunday. Tony Wenning says
Speaker 1: he and his fifteen year old son were attacked. Although
Speaker 1: they were just there as bystanders, crappl over me. They
Speaker 1: were hitting me with a stick, attempting to with the stick,
Speaker 1: poking me back. So you're you're the police are investigating.
Speaker 1: Authorities are warning New Yorkers against bogus Buddhist monks. They're
Speaker 1: asking the public not to be fooled by some of
Speaker 1: the men decked out in orange robes, carrying shiny medallions
Speaker 1: and offering greetings of peace. The Buddhist Council of New
Speaker 1: York says some of the men soliciting donations are quote
Speaker 1: fake monks looking to make a quick buck. Global News
Speaker 1: twenty four hours a day, powered by more than dred
Speaker 1: journalists and analysts in more than twenty countries. From the
Speaker 1: Bloomberg Newsroom. I'm Julie Hyman. This is Bloomberg, Charlie, and
Speaker 1: we thank you and again recapping stocks lore with the
Speaker 1: SMP five hundred index now down one to I'm Charlie Platon.
Speaker 1: That's a Bloomberg business flash. You're listening to taking Stock
Speaker 1: with Kathleen Hayes and Pim Fox on Bloomberg Radio. There's
Speaker 1: luxury travel and then there's luxury travel. And we're speaking
Speaker 1: now with a man who is co founder of a
Speaker 1: company that takes luxury travel to the highest of heights.
Speaker 1: Anthony Lastman joins us now, as I said, co founder
Speaker 1: of Not That Any Global. They are based in London
Speaker 1: and New York, and we're going to find out about
Speaker 1: how he started the company, what he does, and of
Speaker 1: course I'm going to be asking him, because he lives
Speaker 1: right in the center of London, what about Brexit for him,
Speaker 1: his fellow countryman and his business. Anthony. Welcome, is great
Speaker 1: to have your studio, Nice to be here. Always love
Speaker 1: in New York, Not to any Global? What are you?
Speaker 1: What do you do? Not of any Global? Is a
Speaker 1: management company of fine travel and lifestyle for the ultra
Speaker 1: high net worths. It is for experiences that generally cannot
Speaker 1: be found that easily with travel agents, concierge services and
Speaker 1: online services. So what give me an example right now,
Speaker 1: something I could do if I had the means to
Speaker 1: book one of your trips. Give me something that is?
Speaker 1: What example is? Thing that is so unique you can't
Speaker 1: find it anywhere else. Well, before, while I was having lunch,
Speaker 1: before I came her, I was just sharing something that
Speaker 1: I experienced a few years ago, which was having lunch
Speaker 1: with the Chatelaine of smith out Lafitte, the well known
Speaker 1: winery in in western France, and her husband, and by
Speaker 1: a coincidence we came into contact with each other. They
Speaker 1: invited me to their beautiful chateau and then for a
Speaker 1: picnic on their private island in the Garon River. What
Speaker 1: was so unique about that was that we met for
Speaker 1: drinks at the chateau and then we cycled down to
Speaker 1: the river bank and we got into a very small,
Speaker 1: very um um what is the word. I mean? It
Speaker 1: was a very simple boat effectively with an outboard motor.
Speaker 1: And we went across to their private island, which is
Speaker 1: an uninhabited, very simple island, and what struck me was
Speaker 1: the nature, the piece, the olitude. They had a little
Speaker 1: cabin on the lake where they brought with everything for
Speaker 1: a picnic. And of course they're wonderful wines. So there
Speaker 1: we were sitting looking out onto the lake with a
Speaker 1: beautiful bottle of smith out lafitte and barbecued meat and
Speaker 1: and I thought, you can't buy this. And I as
Speaker 1: we were discussing it, they said, look, if they are
Speaker 1: like minded people who would want this kind of experience,
Speaker 1: then obviously very selectively contact us. What is the business model?
Speaker 1: You pay people like the that you know, the Louis
Speaker 1: rohod Or family. If I want to drink champagne with them,
Speaker 1: for example, you pay them, and then your clients pay you.
Speaker 1: How does this work? The business model is effectively that
Speaker 1: people pay us an annual fee in the same way
Speaker 1: that people would pay for management of anything, whether it's
Speaker 1: asset management, whether it's any four of highly experienced service.
Speaker 1: So we are charging people fees to become private clients,
Speaker 1: and depending on their needs and how many people because
Speaker 1: we have family offices will be that will depend on
Speaker 1: how much per year they are paying. They will then
Speaker 1: be quoted a fee for whatever trip they are doing,
Speaker 1: and they will pay and and they will pay and
Speaker 1: they will pay. Yes, and you have more than about
Speaker 1: six thousand clients, No, we have six thousand who are
Speaker 1: on our database followers. They are followers of nota ben
Speaker 1: A and our actual clients are within the hundreds because
Speaker 1: we like to know every single client individually and to
Speaker 1: understand their needs and what it is that they are
Speaker 1: looking for. So we couldn't possibly deal with thousands as
Speaker 1: private clients Underman Sun. So there's a lot of competition
Speaker 1: in luxury. How do you set yourself apart? There's a
Speaker 1: huge amount of competition. I think you know. I was
Speaker 1: originally for many, many years in the real estate industry,
Speaker 1: so I'm not a travel person per se. I went
Speaker 1: in to travel, you could say, as a sort of
Speaker 1: midlife crisis, career change. My wife actually challenged me. I
Speaker 1: found so many people to whom I deferred, never told
Speaker 1: me what I really wanted to know. How blue is
Speaker 1: the sea? Will I see another building on the horizon?
Speaker 1: Tell me where is the best view? What kind of
Speaker 1: clear tell will I find there? What kind of experience
Speaker 1: could I have that are not manufactured? And so that
Speaker 1: is why I decided to take the challenge and create this.
Speaker 1: I'm not worried so much about competition. There will always
Speaker 1: be competition. Are you all worried? And you've got about
Speaker 1: thirty seconds about the Brexit vote, the reverberations in markets.
Speaker 1: This is hitting banks, etcetera. There's an issue for your
Speaker 1: business and actually for your citizenship. Is a member of
Speaker 1: the United Kingdom that we're obviously shocked. It wasn't the
Speaker 1: It wasn't the result that we were expecting. The reverberations
Speaker 1: that you have referred to are evidently very serious, and
Speaker 1: people are focusing now on what on the next steps
Speaker 1: and what to do. I would say that our area
Speaker 1: of the market for travel and lifestyle is the most immune,
Speaker 1: and I don't believe that people are going to stop traveling.
Speaker 1: If people need to communicate for business, they can do
Speaker 1: it on the yacht, in the villa, etcetera. They may
Speaker 1: go away a little bit less frequently, but I don't
Speaker 1: feel that there will be a major effect. Well, I'm
Speaker 1: we're gonna keep track of you. You can track this
Speaker 1: for US in the UK, certainly luxury travel thanks to
Speaker 1: Anthony Lastman, co founder of nota Benic Global. I'm Kathleen Hayes.
Speaker 1: This is taking Stock on Bloomberg Radio. A Supreme Court
Speaker 1: decision striking down Texas abortion limits. We're going to be
Speaker 1: speaking to BNA correspondent Kim Robinson now on Bloomberg Radio.