1 00:00:00,040 --> 00:00:03,600 Speaker 1: An illegal alien from Guatemala charged with raping a child 2 00:00:03,680 --> 00:00:07,480 Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador 3 00:00:07,720 --> 00:00:11,840 Speaker 1: accused of murdering a Texas man of Venezuelan charged with 4 00:00:11,920 --> 00:00:15,840 Speaker 1: filming and selling child pornography in Michigan. These are just 5 00:00:15,920 --> 00:00:19,680 Speaker 1: some of the heinous migrant criminals caught because of President 6 00:00:19,720 --> 00:00:23,320 Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States 7 00:00:23,320 --> 00:00:28,120 Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border 8 00:00:28,160 --> 00:00:31,680 Speaker 1: crossings are at the lowest levels ever recorded, and over 9 00:00:31,760 --> 00:00:34,960 Speaker 1: one hundred thousand illegal aliens have been arrested. If you 10 00:00:35,040 --> 00:00:38,920 Speaker 1: are here illegally, your next you will be fined nearly 11 00:00:39,000 --> 00:00:43,000 Speaker 1: one thousand dollars a day, imprisoned, and deported. You will 12 00:00:43,040 --> 00:00:46,680 Speaker 1: never return. But if you register using our CBP home 13 00:00:46,720 --> 00:00:50,120 Speaker 1: app and leave now, you could be allowed to return legally. 14 00:00:50,479 --> 00:00:55,240 Speaker 1: Do what's right. Leave now. Under President Trump, America's laws, 15 00:00:55,400 --> 00:00:57,840 Speaker 1: border and families will be protected. 16 00:00:57,920 --> 00:01:00,000 Speaker 2: Sponsored by the United States Department of Homeland Security. 17 00:01:00,360 --> 00:01:04,640 Speaker 3: Right eight is preparing for Chapter eleven bankruptcy. Should this 18 00:01:04,720 --> 00:01:11,199 Speaker 3: be of concern and how can we profit from it? 19 00:01:11,200 --> 00:01:14,880 Speaker 4: It's a sector that I'm really not favorable about it all, 20 00:01:14,920 --> 00:01:20,319 Speaker 4: and it's like the fast pharmacy model. So Walgreens CEO 21 00:01:20,400 --> 00:01:23,920 Speaker 4: step down right eight is not going through a bankruptcy issue. 22 00:01:24,600 --> 00:01:27,760 Speaker 4: CVS is like floundering. It's okay. Number one, I would 23 00:01:27,760 --> 00:01:29,760 Speaker 4: stay away from the sector all together. Like, if you 24 00:01:29,880 --> 00:01:32,760 Speaker 4: are going to invest in healthcare space, you have to 25 00:01:32,800 --> 00:01:36,520 Speaker 4: swim upstream to big pharma or. 26 00:01:36,480 --> 00:01:37,679 Speaker 2: Big healthcare companies. 27 00:01:39,600 --> 00:01:43,360 Speaker 4: And if you're going to be invested in a Walgreens 28 00:01:43,360 --> 00:01:45,840 Speaker 4: Boots Alliance or a right aid, like you're better off 29 00:01:45,840 --> 00:01:49,400 Speaker 4: picking a pure real estate play because it's really a hybrid, 30 00:01:49,440 --> 00:01:52,480 Speaker 4: and a hybrid that has not dominated. I would, and 31 00:01:52,520 --> 00:01:55,200 Speaker 4: I very really say this, like this is a sector 32 00:01:55,240 --> 00:01:58,960 Speaker 4: I would stay away from all together, like CBS, Walgreens, 33 00:01:59,480 --> 00:02:05,280 Speaker 4: any mixed medicine, mixed use, retail pharmacy space. The margins 34 00:02:05,280 --> 00:02:09,040 Speaker 4: are not great. It's too much competition. There's not enough 35 00:02:09,120 --> 00:02:12,760 Speaker 4: loyalty amongst like I mean even Kroger. Like, once you 36 00:02:12,760 --> 00:02:16,360 Speaker 4: start to get into that space, you're now competing against Walmart, Kroger, 37 00:02:16,440 --> 00:02:20,400 Speaker 4: even Target they've had some issues, but you're competing against 38 00:02:20,400 --> 00:02:23,519 Speaker 4: the big boys who have way more space, way more 39 00:02:23,520 --> 00:02:26,799 Speaker 4: reached than you outpert. Since there's a competition now, there 40 00:02:26,840 --> 00:02:30,280 Speaker 4: isn't much creative as there, so I would stay away 41 00:02:30,320 --> 00:02:32,280 Speaker 4: all together and then just go upstream. 42 00:02:33,760 --> 00:02:35,799 Speaker 5: I put CBS is one of my sleepers. I think 43 00:02:35,840 --> 00:02:38,959 Speaker 5: we did that at the one of the shows, to 44 00:02:39,480 --> 00:02:41,919 Speaker 5: put it as one of my sleepers. But I think 45 00:02:42,000 --> 00:02:45,240 Speaker 5: we'd be remiss if we didn't say why. Right eight 46 00:02:45,360 --> 00:02:49,120 Speaker 5: it's filing for chapter eleven because that that's the biggest 47 00:02:49,160 --> 00:02:51,400 Speaker 5: part of this thing, is the why. And they're preparing 48 00:02:51,520 --> 00:02:56,359 Speaker 5: it because they've been federal lawsuits right for their role 49 00:02:56,400 --> 00:02:59,079 Speaker 5: in the sale of opiates. And so this has happened 50 00:02:59,120 --> 00:03:01,320 Speaker 5: over the past couple of year. In fact, in twenty eighteen, 51 00:03:01,360 --> 00:03:05,760 Speaker 5: Walgreens was in talks to acquire Right Aid I didn't 52 00:03:05,760 --> 00:03:07,600 Speaker 5: pan out, and now we see what happened with the 53 00:03:07,639 --> 00:03:10,000 Speaker 5: lawsuit with the I think they owe three point three 54 00:03:10,120 --> 00:03:15,000 Speaker 5: billion dollars in debt from legal, yeah, from legal allegations 55 00:03:15,280 --> 00:03:18,720 Speaker 5: that they oversupplied prescription painkillers, and so they lost that suit. 56 00:03:18,840 --> 00:03:21,240 Speaker 5: So you're talking about over I think there's over a 57 00:03:21,400 --> 00:03:26,000 Speaker 5: thousand a thousand plaintiffs in the lawsuit. Three point three billion. 58 00:03:27,040 --> 00:03:30,320 Speaker 5: I mean, that's a a healty, healthy amount of money 59 00:03:30,320 --> 00:03:33,080 Speaker 5: to be paid, especially from the business model that they have, 60 00:03:33,200 --> 00:03:35,680 Speaker 5: and so that's why they're filing for bankruptcy. But then 61 00:03:35,720 --> 00:03:37,920 Speaker 5: I started thinking, how can we invest in it? Not 62 00:03:38,440 --> 00:03:41,040 Speaker 5: right itself, but maybe it is inside that mergers and 63 00:03:41,080 --> 00:03:44,680 Speaker 5: acquisitions Walgreens didn't work. Maybe they'll revisit it now that 64 00:03:44,680 --> 00:03:46,680 Speaker 5: they're one of their competitors. Is now at a point 65 00:03:46,720 --> 00:03:49,840 Speaker 5: where it could be something that they could acquire or 66 00:03:50,480 --> 00:03:52,320 Speaker 5: is it a CDs that comes in or is it 67 00:03:52,600 --> 00:03:53,840 Speaker 5: an Amazon and says. 68 00:03:53,640 --> 00:03:55,840 Speaker 4: All right, well, that would be great. 69 00:03:56,080 --> 00:03:58,520 Speaker 5: Something that we can add as we go into this 70 00:03:58,560 --> 00:04:01,520 Speaker 5: healthcare space as well. And so the important piece is 71 00:04:01,560 --> 00:04:04,119 Speaker 5: like why they're filing, but then also from an emergenc 72 00:04:04,120 --> 00:04:06,200 Speaker 5: and acquisitions, which companies are in place. That's why I 73 00:04:06,200 --> 00:04:09,280 Speaker 5: always talk about cash flow. It's like, who can now 74 00:04:09,480 --> 00:04:14,680 Speaker 5: say that was somebody that had a long standing enterprise 75 00:04:14,760 --> 00:04:17,799 Speaker 5: in the space that is now floundered. Can we acquit 76 00:04:17,920 --> 00:04:21,000 Speaker 5: added to our portfolio and make this a better rebranding situation. 77 00:04:21,400 --> 00:04:23,480 Speaker 5: So I think from an investment point, I think that's 78 00:04:23,600 --> 00:04:25,360 Speaker 5: we should be looking at companies that can do that 79 00:04:25,400 --> 00:04:28,440 Speaker 5: inside of the healthcare space. But the why is important. 80 00:04:28,880 --> 00:04:30,360 Speaker 2: Yeah, I agree, And if. 81 00:04:30,320 --> 00:04:33,159 Speaker 4: They got sued for the opioid crisis, at what point 82 00:04:33,200 --> 00:04:35,960 Speaker 4: where the music industry be held Libel. I don't know 83 00:04:36,000 --> 00:04:38,640 Speaker 4: if it's come out publicly yet, but there's been a 84 00:04:38,720 --> 00:04:41,040 Speaker 4: couple of rumors that the Sackler family, who is. 85 00:04:42,800 --> 00:04:45,080 Speaker 5: Ernest. What's up? You ever walk into a small business 86 00:04:45,160 --> 00:04:48,279 Speaker 5: and everything just works like, the checkout is fast, the 87 00:04:48,360 --> 00:04:52,240 Speaker 5: receipts are digital, tipping is a breeze, and you're out 88 00:04:52,240 --> 00:04:55,520 Speaker 5: the door before the line even builds odds are they're 89 00:04:55,640 --> 00:04:59,119 Speaker 5: using Square. We love supporting businesses that run on Square 90 00:04:59,200 --> 00:05:02,320 Speaker 5: because it just feels seamless. Whether it's a local coffee shop, 91 00:05:02,520 --> 00:05:05,039 Speaker 5: a vendor at a pop up market, or even one 92 00:05:05,040 --> 00:05:08,120 Speaker 5: of our merch partners. 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To see how Square can 100 00:05:31,360 --> 00:05:36,200 Speaker 5: transform your business, visit Square dot com, backslash, go backslash 101 00:05:36,279 --> 00:05:40,400 Speaker 5: eyl to learn more that Square dot com backslash, go 102 00:05:40,880 --> 00:05:45,039 Speaker 5: backslash eyl. Don't wait don't hesitate. Let's square handle the 103 00:05:45,080 --> 00:05:47,600 Speaker 5: back end so you can keep pushing your vision forward. 104 00:05:51,240 --> 00:05:53,480 Speaker 5: This episode is brought to you by P and C Bank. 105 00:05:53,880 --> 00:05:56,640 Speaker 5: A lot of people think podcasts about work are boring, 106 00:05:56,839 --> 00:06:00,719 Speaker 5: and sure they definitely can be, but understand a professionals 107 00:06:00,760 --> 00:06:04,040 Speaker 5: routine shows us how they achieve their success little by little, 108 00:06:04,400 --> 00:06:08,040 Speaker 5: day after day. It's like banking with P and C Bank. 109 00:06:08,520 --> 00:06:11,320 Speaker 5: It might seem boring to save, plan and make calculated 110 00:06:11,360 --> 00:06:14,440 Speaker 5: decisions with your bank, but keeping your money boring is 111 00:06:14,480 --> 00:06:17,800 Speaker 5: what helps you live or more happily fulfilled life. P 112 00:06:17,920 --> 00:06:22,760 Speaker 5: and C Bank Brilliantly Boring since eighteen sixty five. Brilliantly 113 00:06:22,800 --> 00:06:25,440 Speaker 5: Boring since eighteen sixty five is a service mark of 114 00:06:25,480 --> 00:06:28,719 Speaker 5: the PNC Financial Service Group, Inc. P and C Bank 115 00:06:29,160 --> 00:06:31,359 Speaker 5: National Association Member FDIC. 116 00:06:33,080 --> 00:06:36,720 Speaker 1: An illegal alien from Guatemala charged with raping a child 117 00:06:36,800 --> 00:06:40,600 Speaker 1: in Massachusetts. An MS thirteen gang member from El Salvador 118 00:06:40,839 --> 00:06:44,960 Speaker 1: accused of murdering a Texas man of Venezuelan charged with 119 00:06:45,040 --> 00:06:48,920 Speaker 1: filming and selling child pornography in Michigan. These are just 120 00:06:49,040 --> 00:06:52,799 Speaker 1: some of the heinous migrant criminals caught because of President 121 00:06:52,839 --> 00:06:56,360 Speaker 1: Donald J. Trump's leadership. I'm christin nom the United States 122 00:06:56,440 --> 00:07:00,880 Speaker 1: Secretary of Homeland Security. Under President Trump, a tempted illegal 123 00:07:00,920 --> 00:07:04,560 Speaker 1: border crossings are at the lowest levels ever recorded, and 124 00:07:04,600 --> 00:07:07,960 Speaker 1: over one hundred thousand illegal aliens have been arrested. If 125 00:07:08,000 --> 00:07:11,640 Speaker 1: you were here illegally, your next you will be fine 126 00:07:11,720 --> 00:07:15,840 Speaker 1: nearly one thousand dollars a day. Imprisoned and deported, you 127 00:07:15,880 --> 00:07:19,440 Speaker 1: will never return. But if you register using our CBP 128 00:07:19,600 --> 00:07:22,320 Speaker 1: home app and leave now, you could be allowed to 129 00:07:22,360 --> 00:07:27,200 Speaker 1: return legally. Do what's right. Leave now. Under President Trump, 130 00:07:27,360 --> 00:07:30,960 Speaker 1: America's laws border and families will be protected. 131 00:07:31,040 --> 00:07:34,000 Speaker 2: Sponsored by the United States Department of Homeland Security, tied 132 00:07:34,080 --> 00:07:37,440 Speaker 2: to Purdue Pharma, who caused the crisis at one point 133 00:07:37,600 --> 00:07:42,360 Speaker 2: was paying for promotion through artists to get the word 134 00:07:42,400 --> 00:07:44,280 Speaker 2: out at one point. 135 00:07:44,320 --> 00:07:46,160 Speaker 4: What do we think the music industry would have to 136 00:07:46,200 --> 00:07:48,960 Speaker 4: be responsible? I mean, we'll have to tackle it today. 137 00:07:49,240 --> 00:07:51,320 Speaker 4: But I do think once we talk about this opioid 138 00:07:51,320 --> 00:07:54,760 Speaker 4: crisis and a pipeline, I never even thought I would 139 00:07:54,800 --> 00:07:55,800 Speaker 4: hear prescription. 140 00:07:56,920 --> 00:07:59,400 Speaker 2: Being mentioned in rap songs being be played on the radio. 141 00:08:00,160 --> 00:08:03,440 Speaker 4: Yeah, like Big and of course like Biden is starting 142 00:08:03,440 --> 00:08:06,000 Speaker 4: to attack Big Pharma. I don't know if that's the 143 00:08:06,040 --> 00:08:07,880 Speaker 4: best thing to do in terms of an election because 144 00:08:08,000 --> 00:08:10,760 Speaker 4: pharmaceutical industry has a lot of power. But if we 145 00:08:10,840 --> 00:08:13,360 Speaker 4: are going to attack these companies and sue them, I 146 00:08:13,360 --> 00:08:16,040 Speaker 4: think we have to attack the entire pipeline or supply chain. 147 00:08:16,440 --> 00:08:19,720 Speaker 5: Yeah, Purdue Pharma went under their lossuit was I think 148 00:08:19,720 --> 00:08:21,800 Speaker 5: they lost? It was six point six billion. 149 00:08:22,080 --> 00:08:24,360 Speaker 4: Yeah, I mean, but I think they made sixteen. 150 00:08:24,040 --> 00:08:28,120 Speaker 5: So yeah, right, right, so they went under write eight 151 00:08:28,240 --> 00:08:32,880 Speaker 5: is on his way. Yeah, So it's an interesting time 152 00:08:32,920 --> 00:08:34,800 Speaker 5: to watch this play out. But I think you bring 153 00:08:34,880 --> 00:08:38,360 Speaker 5: up a good point about what role did does music 154 00:08:38,400 --> 00:08:41,000 Speaker 5: play in that? Or not the music but the actual 155 00:08:41,040 --> 00:08:41,920 Speaker 5: labels themselves. 156 00:08:42,160 --> 00:08:43,200 Speaker 6: Yeah, it's interesting, but. 157 00:08:43,640 --> 00:08:45,120 Speaker 4: Like for a year, I mean, I know it's a 158 00:08:45,160 --> 00:08:49,040 Speaker 4: thing in Houston, but then like it went worldwide, like 159 00:08:49,120 --> 00:08:53,079 Speaker 4: the use of Lane and like that guy went to jail, 160 00:08:53,280 --> 00:08:56,839 Speaker 4: but the fine was minimal. Like of course they took 161 00:08:56,840 --> 00:08:59,160 Speaker 4: it off the market, but if you're you're paying artists 162 00:08:59,280 --> 00:09:02,920 Speaker 4: or there's inducement to advertise it at some point, even 163 00:09:02,960 --> 00:09:06,120 Speaker 4: like the FTC and like why are you letting drugs 164 00:09:06,120 --> 00:09:10,079 Speaker 4: being marketed through music? But that goes back to the 165 00:09:10,160 --> 00:09:13,000 Speaker 4: relationship with the pharmaceutical company and how much they run advertising. 166 00:09:13,679 --> 00:09:16,640 Speaker 4: So true shots, you can stop me if I'm getting 167 00:09:16,679 --> 00:09:18,319 Speaker 4: too crazy. I'm trying to keep. 168 00:09:19,720 --> 00:09:22,080 Speaker 5: You watch TV. You watch as you watch you know, 169 00:09:22,400 --> 00:09:27,320 Speaker 5: CBS or NBC or ABC during the daytime programming. Look 170 00:09:27,360 --> 00:09:31,400 Speaker 5: how the healthcare commercials are on your screen on a 171 00:09:31,480 --> 00:09:34,600 Speaker 5: daily basis. Obviously the money is being spent. I mean 172 00:09:34,640 --> 00:09:37,400 Speaker 5: it's by far the most. 173 00:09:37,040 --> 00:09:38,559 Speaker 4: Even went to the Grammys. I'm like, that was a 174 00:09:38,559 --> 00:09:44,360 Speaker 4: Fighter Awards, right, They they ran all the awards like 175 00:09:44,440 --> 00:09:47,640 Speaker 4: it's it's you know, seeing in And that's a whole 176 00:09:47,679 --> 00:09:50,559 Speaker 4: other topic for another day. With shout out to Eli Lilly, 177 00:09:50,559 --> 00:09:51,319 Speaker 4: I appreciate you guys. 178 00:09:51,360 --> 00:09:54,640 Speaker 2: I want to smoke throw my cape real quick. 179 00:09:54,960 --> 00:09:56,240 Speaker 4: I would be honest with my caper. 180 00:09:56,320 --> 00:09:57,920 Speaker 5: Hey, hello to the good folks. 181 00:09:57,920 --> 00:09:58,400 Speaker 2: A striker. 182 00:09:59,000 --> 00:10:04,200 Speaker 5: Yes, America absolutely, Dermo fisheries in America. 183 00:10:04,320 --> 00:10:09,960 Speaker 3: Healthcare. Healthcare is the biggest business in America by far. 184 00:10:10,480 --> 00:10:12,760 Speaker 4: I mean, we're gonna be honest that that poison index 185 00:10:12,840 --> 00:10:19,680 Speaker 4: of the food, pharma, alcohol, drugs, that's sixty percent of 186 00:10:19,800 --> 00:10:23,960 Speaker 4: all United States legal commerce. The food will make you sick, 187 00:10:24,000 --> 00:10:25,679 Speaker 4: then you have a pill to fix it. And then 188 00:10:25,720 --> 00:10:29,040 Speaker 4: when you come off the pill to cope, let's sell 189 00:10:29,040 --> 00:10:32,160 Speaker 4: you some Budweiser and Duce and shot to du say 190 00:10:32,200 --> 00:10:36,600 Speaker 4: I love y'all and every other kind of cognac. So, 191 00:10:37,559 --> 00:10:40,600 Speaker 4: but the poison index is one of the most profitable food, pharma, 192 00:10:40,920 --> 00:10:42,959 Speaker 4: and alcohol. For those who say, I don't give you 193 00:10:43,000 --> 00:10:44,960 Speaker 4: all a new tips, don't get choked out. We can 194 00:10:44,960 --> 00:10:48,160 Speaker 4: cut it out. 195 00:10:46,440 --> 00:10:58,400 Speaker 6: Not just gotcha, gotcha old by black man, drugs, drugs 196 00:10:58,440 --> 00:10:59,960 Speaker 6: move the needle. 197 00:11:00,720 --> 00:11:01,840 Speaker 3: They are moving a needle. 198 00:11:02,200 --> 00:11:04,319 Speaker 2: I'll sing with you. Do you rappings you on a 199 00:11:04,400 --> 00:11:04,920 Speaker 2: love album? 200 00:11:05,120 --> 00:11:06,640 Speaker 3: What's up a love album? 201 00:11:07,280 --> 00:11:07,559 Speaker 6: Love? 202 00:11:07,960 --> 00:11:14,480 Speaker 3: Love check the featuregra oh Man. 203 00:11:14,559 --> 00:11:18,199 Speaker 1: An illegal alien from Guatemala charged with raping a child 204 00:11:18,240 --> 00:11:22,000 Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador 205 00:11:22,280 --> 00:11:26,400 Speaker 1: accused of murdering a Texas. Man of Venezuelan charged with 206 00:11:26,480 --> 00:11:30,360 Speaker 1: filming and selling child pornography in Michigan. These are just 207 00:11:30,440 --> 00:11:34,240 Speaker 1: some of the heinous migrant criminals caught because of President 208 00:11:34,240 --> 00:11:37,840 Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States 209 00:11:37,840 --> 00:11:42,640 Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border 210 00:11:42,679 --> 00:11:46,240 Speaker 1: crossings are at the lowest levels ever recorded, and over 211 00:11:46,280 --> 00:11:49,520 Speaker 1: one hundred thousand illegal aliens have been arrested. If you 212 00:11:49,600 --> 00:11:53,440 Speaker 1: are here illegally, your next you will be fine. Nearly 213 00:11:53,520 --> 00:11:57,560 Speaker 1: one thousand dollars a day. Imprisoned and deported, you will 214 00:11:57,559 --> 00:12:00,840 Speaker 1: never return. But if you register you using our CBP 215 00:12:01,000 --> 00:12:03,720 Speaker 1: home app and leave now, you could be allowed to 216 00:12:03,800 --> 00:12:08,600 Speaker 1: return legally. Do what's right. Leave now. Under President Trump 217 00:12:08,760 --> 00:12:12,360 Speaker 1: America's laws, border and families will be protected. 218 00:12:12,440 --> 00:12:14,600 Speaker 2: Sponsored by the United States Department of Homeland Security,