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War Is Big Business: Defense Tech Booms as Investors Weigh Returns vs Morals · Earn Your Leisure

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  Speaker 3: Okay, so Meta you said, Meta, you said, are open
• 1:58
  Speaker 3: a healer? And there's one more company, right, is it?
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  Speaker 3: Or just those three?
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  Speaker 2: It's one more? Let me find out the last one.
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  Speaker 2: Let me see. I can't find the last one. But
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  Speaker 2: let's focus on those three right now.
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  Speaker 3: All right, So, Meta, Palneer, and open Ai companies that
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  Speaker 3: we've talked about a lot. So if you want to
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  Speaker 3: tie it in from an investing standpoint, open Ai obviously
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  Speaker 3: isn't a public traded company yet, but if you yeah,
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  Speaker 3: if you look at Palenteer, I mean people have already
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  Speaker 3: said that Palenteer stock is going to skyrocket based off
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  Speaker 3: of you know, not just this war, but a series
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  Speaker 3: of potential wars that could potentially happen in the future.
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  Speaker 3: Meta somebody, you know, Mark Zuckerberg. Obviously he's been he's
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  Speaker 3: been so dedicated to to to the presidency that he
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  Speaker 3: actually was considering buying a home in DC, to moving
• 2:52
  Speaker 3: to move to d C to be closer to to
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  Speaker 3: Trump and his administration. And then you look at that
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  Speaker 3: their stock and it's up, and it's it's and it's
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  Speaker 3: has gone up, right, So yeah, is it a coincidence?
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  Speaker 2: No?
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  Speaker 4: And I don't think most of Silicon Valley rushing into
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  Speaker 4: defense tech when that was looked at as an antiquated
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  Speaker 4: business perception wise in Silicon Valley. I just think it's
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  Speaker 4: ironic to see the push into some of these wars
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  Speaker 4: given the investment that they happen to defense tech. Now, meanwhile,
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  Speaker 4: a Raytheon is not moving how normally would or lockhey,
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  Speaker 4: Martin isn't moving. We're having like a change of the
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  Speaker 4: guard amongst defense tech.
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  Speaker 2: But I wonder at what.
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  Speaker 3: Costs, And and even you know, Anderell you talked about
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  Speaker 3: them before, sixty minutes. Does it expose on the ceo
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  Speaker 3: And it's like you said, they're pushing defense tech, like
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  Speaker 3: it's electric cars, Yeah they got they got these. The
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  Speaker 3: CEOs have become celebrities, whether you're talking about Anderel, whether
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  Speaker 3: you're talking about Palanteer, the CEOs of defence tech companies
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  Speaker 3: have become celebrities. And before this was a this defence
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  Speaker 3: period was a underworld, like arms dealers. They made movies
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  Speaker 3: about arms dealers, like Nicholas Cage and stuff like that,
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  Speaker 3: like you didn't even want to know you those people
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  Speaker 3: didn't even want you to know who they were, and
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  Speaker 3: you didn't know who they were. Now it's like the
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  Speaker 3: talk of the town, and it's like they act like
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  Speaker 3: this is like the new toys that people are playing with,
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  Speaker 3: as far as drones that can destroy a whole entire city.
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  Speaker 3: That says a lot about the times that we're in
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  Speaker 3: as far as investment opportunities, But it also says a
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  Speaker 3: lot about the times that we're in as far as
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  Speaker 3: how war has become so mainstream that it has no
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  Speaker 3: problem being traded publicly and celebrated publicly as well.
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  Speaker 1: I mean, tech has always been a thing when when
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  Speaker 1: people talk about growth and value. They found that in
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  Speaker 1: tech and so if AI was a story and people
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  Speaker 1: have led the head headlines with that, Well, what's the
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  Speaker 1: next sector inside of the and it I mean, we've
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  Speaker 1: seen what happens with Palenta. You know, I'll add to
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  Speaker 1: what you said because Raytheon traditionally is not a stop.
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  Speaker 1: But if you look at the history of the company
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  Speaker 1: over the past three years, rt X is a company
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  Speaker 1: that spawned from that. So if you look at rtx's
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  Speaker 1: sharp in terms of what's happened with conflict, I mean,
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  Speaker 1: it's out of this world, right, And so you have
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  Speaker 1: to throw that inside there where you're talking about Androro
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  Speaker 1: was one of the companies you just talked about, obviously
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  Speaker 1: not publicly traded yet, but it looks all signs of
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  Speaker 1: point and that's where it's headed. And we've seen some
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  Speaker 1: of the successful IPOs that have happened this year. That
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  Speaker 1: market is starting to open up, stunning heat up.
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  Speaker 2: Again. You've seen what was Zuckerberg. You know what this
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  Speaker 2: is headed.
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  Speaker 1: I thought what Van said on on on Wednesday about
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  Speaker 1: Talented was just like super powerful.
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  Speaker 2: Like this is the most hiteous company in the world.
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  Speaker 1: And so now from an investing standpoint, especially from a
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  Speaker 1: retail standpoint. We always talk about morally investing. If you
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  Speaker 1: know these things, you know that do you invest in
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  Speaker 1: something because you know there's his growth, but you know
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  Speaker 1: that destruction can come from it. It's one of these
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  Speaker 1: dilemmas that we all have to face at some point.
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  Speaker 4: I feel like, yeah, it's And even some people have
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  Speaker 4: been like, well, why do you like anderrel but not Pollenteer.
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  Speaker 4: I just said, I personally would not invest in Palenteer.
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  Speaker 4: Like as far as the Silicon Valley space, I think
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  Speaker 4: Peter Tiel that book Zero to one changed my life.
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  Speaker 4: I just personally would not invest into it. But I
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  Speaker 4: like Ander Reil because of the war that he went
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  Speaker 4: through with Meta. It's a classic revenge story for those
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  Speaker 4: of you who don't know that oculus design, which Apple
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  Speaker 4: then copied, came from Palmer and they tried to bury him.
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  Speaker 3: And the crazy thing about that is that allegedly, what
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  Speaker 3: he says is that he got fired from Meta because
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  Speaker 3: he was supporting Donald Trump. That's interesting because he's obviously
• 7:08
  Speaker 3: a pro Trump supporter. He was very he was very
• 7:11
  Speaker 3: vocal about his support for Trump years ago, and at
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  Speaker 3: that time, I guess it wasn't fashionable to support Donald
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  Speaker 3: Trump so in Silicon Valley, so he was fired, that's
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  Speaker 3: what he says. Meta said that he was fired for
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  Speaker 3: other reasons. But now Mark Zuckerberg is one of the
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  Speaker 3: biggest supporters of Donald.
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  Speaker 4: Trump, allegedly financially but not morally. I won't speak for zuck.
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  Speaker 3: Though, but I mean as far as forward facing, right,
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  Speaker 3: he donated a million dollars.
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  Speaker 4: The ring that I get the contracts. Yeah, that's the
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  Speaker 4: part of the game that we're in. Halfway through the decade.
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  Speaker 4: You got to kiss the ring.
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