Latest / The Curve / Labubu Mania, IVF f*** ups and Political Plot Twists?

Transcript

Labubu Mania, IVF f*** ups and Political Plot Twists? · The Curve

0:00
Before we begin a quick note, this episode includes discussion on body image and eating disorders.
0:06
Please take care of yourself, love your bodies, and while you listen to this, if you need to take a pause or not listen at all, we totally respect that, but we just wanted to give you a heads up that those things are discussed in today's episode.
0:20
Welcome to the Curve Weekly, the podcast that keeps you up to date with all of the money business and stock market, too.
0:26
Brought to you by the Curve's research team. It's the latest insights on what's happening in the stock market, companies, other money related news so that you can stay educated and ahead of the curve.
0:35
You can thank us later for sounding smarter than those finance bros you need to know, buddy.
0:39
It was a fun pants.
0:41
Do you like them?
0:42
Yeah.
0:43
I bought them in Ireland.
0:44
Ireland?
0:46
I actually like Ireland.
0:48
It felt kind of like a European New Zealand, like it was quite cloudy.
0:52
I just...
0:53
I know.
0:54
Nothing gets Irish.
0:55
I just...
0:56
When you're living in the Northern Hemisphere, and you've got Europe on your doorstep, it's kind of...
1:04
You were hit islands just a bit lower.
1:06
I didn't move across the world to go on visit something like New Zealand.
1:10
Do you know what I meant?
1:11
I know that's really rude and people are probably going to be like screaming.
1:14
I loved Dublin.
1:15
I thought Dublin was really cool.
1:17
It's really interesting because Dublin's right on the water.
1:21
And so it's like coastal.
1:22
But then...
1:23
And so it's kind of almost small town with the beautiful European architecture.
1:29
But heaps of tech headquarters are there.
1:32
So there's Google and heaps of other like massive businesses.
1:35
So it's actually like a really thriving career space.
1:38
A lot of people I know have moved there for tech or working anyway.
1:42
That's because of Brexit.
1:43
I don't know.
1:44
Because there's Dublin part of the EU.
1:46
Yes.
1:47
No, only half of Ireland is.
1:49
Yeah, so that's why a lot of headquarters moved to Dublin because it's part of the EU.
1:53
Yeah, in the UK.
1:54
Which I quite like.
1:55
So it's got a sort of chill, low-key vibe.
1:59
But there's really amazing work opportunities.
2:02
Which I think is what New Zealand really struggles with.
2:06
And the countryside is beautiful.
2:08
Now I'm just like fucking three pictures of Dublin.
2:10
It's actually cool.
2:11
Dublin's cool.
2:12
I mean, I was there for a day, so I don't really have a lot of...
2:15
I don't know why.
2:16
I just...
2:17
If I'm going to go on holiday, I want to go sit on a beach.
2:20
Which sounds so basic.
2:21
Oh, you don't like history or any kind of anything.
2:24
I mean, Rome was pretty like, yeah, cool.
2:26
Another one.
2:27
Oh my god.
2:28
Oh my god.
2:29
It's such a prejudice.
2:31
But at least you've been honest.
2:33
No, you've been honest.
2:34
I don't feel the same.
2:35
I can appreciate it.
2:36
But anyway, that does sound very pretty.
2:38
I think I just...
2:40
She just wants to be horizontal.
2:41
Just give her a beach to some ocean.
2:43
Yeah.
2:44
And it's about a bikini in my office.
2:46
And my beach club was so funny.
2:48
We were deciding where to go on holiday in August.
2:51
We were talking about having a chilled holiday.
2:53
And I was like, I thought you guys would talk about having a children.
2:56
No.
2:57
A chilled holiday.
2:58
And I was like, yeah, I kind of want to chill holiday.
3:00
But then I also want to be able to dance on a table.
3:03
Yeah.
3:04
And I was like, okay, cool, yet we can do a mix of both.
3:07
But there are heaps of place in Europe.
3:09
You can do that.
3:10
Yeah, yeah, yeah.
3:11
I feel like that's the best part of Europe is you can go to beaches.
3:15
You can have really chilled, relaxed local on the beach reading a book having that type of holiday.
3:21
And then you can just jump on a little bit of white tablecloth.
3:24
Yeah.
3:25
Dancing on the table with like...
3:26
Yeah.
3:27
No, I like a bit of both.
3:28
Where have you decided on?
3:29
We haven't.
3:30
What are the top contenders?
3:31
Oh, don't even get me started.
3:33
He was like, we need to do a knockout round.
3:35
So we've got...
3:36
Sounds so much like it.
3:38
I was like, what do you mean?
3:40
He's like, well, we pet off like Mallorca and me loss against each other.
3:44
You've been to me lost.
3:45
No, I know.
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But we picked two.
3:47
And then whoever wins from that, then they go up against another one.
3:50
It's quite fun.
3:51
But what if we can't decide between me loss and Mallorca?
3:53
Then he's like, then it's a knockout round.
3:55
I was just like, oh my god.
3:56
Everything's sport-related.
3:57
Oh.
3:58
I'm so true.
4:02
He's like, hey, no, and rugby.
4:04
And I was like, no, I don't.
4:05
No, I don't.
4:06
No, I don't.
4:07
I was like, can't we just...
4:09
Cut them out on a piece of paper and flip over two.
4:12
And that's where we're going.
4:13
You're efficient.
4:14
He loves it again.
4:15
You know what I started watching last night?
4:17
What?
4:18
Call her Alex.
4:19
Oh my god.
4:20
It's a good...
4:21
Yeah.
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But I was really into it.
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And found out.
4:24
On text.
4:25
Sorry.
4:26
It's Alex Cooper's documentary on Disney+.
4:27
And it is...
4:29
It's filming her unwell tour.
4:31
So it's like the lead up to that and everything.
4:33
And then it's also kind of behind the scenes of how the podcast came about.
4:36
Like what happened between her and some fear.
4:38
Did they talk about that?
4:39
I didn't get that far.
4:40
But I only watched like half of episode one.
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But I was engrossed in it.
4:44
So I was like, who's this girl?
4:46
I was like, I'm going to save this for another day, because I can tell.
4:49
Oh, yeah.
4:50
You know, like I just...
4:51
It was a documentary I really wanted to watch.
4:52
I didn't want to just have it on the background.
4:54
So yeah.
4:55
I was like, yeah.
4:56
It was for this weekend.
4:57
I think that's going to be cool.
4:58
Yeah.
4:59
Oh, my God.
5:00
Okay.
5:01
Maybe it's on Hula, isn't it?
5:02
Just a bus.
5:03
Oh, yeah.
5:04
It's also interesting how quality data started.
5:05
There was so many male podcasts talking about dating and having sex with women.
5:10
And like, you know, it was a very masculine area.
5:13
And then quality data started.
5:15
And the reason it took off was because it was a platform where women could talk about their sexuality.
5:21
They're, you know, who they're dating.
5:23
And they're like, just being a lot more open.
5:27
And I mean, it was pretty back in the day too.
5:30
Like, do you have any lessons?
5:32
The blog blog blog blog drop episode?
5:34
No.
5:35
Oh, it's...
5:36
Oh, that's it.
5:37
Yeah.
5:38
No, but I just listened to it and I was like, God, no wonder they took off.
5:41
Because I hate to say it, but the whole sex cells thing.
5:44
And then also, I mean, I don't mean necessarily sex cells in terms of women to men.
5:50
I mean, just the idea of it's such a universal experience that everyone's interested in talking about.
5:55
Well, it's so taboo and to have the podcast where you can secretly listen.
5:58
And no, you know, you're not...
5:59
Yeah.
6:00
So you're not watching...
6:01
You're not going to share your own.
6:02
Yeah.
6:03
You're not overtly interacting, if that makes sense.
6:05
You're kind of secretly being like...
6:07
But at the start, their conversations were so sexual.
6:12
And it's evolved so much since then.
6:14
But it's kind of like...
6:15
Even if you think of Diorevis CEO, the way that that podcast first started was having recording episodes by himself about business, you know?
6:22
Yeah.
6:23
Like shows, I think, when they take off, they can kind of do whatever they want, right?
6:27
But they have to evolve to...
6:28
Yeah, true.
6:29
Because the whole platform evolves, conversations evolve.
6:32
Yeah, so...
6:33
It's really interesting.
6:34
But really interesting.
6:35
On that, I'd love to put a poll in our...
6:37
So wherever you're listening, it'll probably show up.
6:39
So this is not like on Instagram, it'll be if you're listening on Apple or on Spotify.
6:42
I would love to know if you prefer our episodes that are Vic and I,
6:46
or when we interview people.
6:48
And this is not...
6:49
We're not offended either way.
6:50
It's just...
6:51
It's really good to know what episodes people like the most.
6:53
I have a sneaking suspicion that interviews are starting to become too oversaturated.
7:01
I could be wrong, because our interviews are not necessarily about...
7:05
They're meant to be focused on money, right?
7:09
And I don't think there's that many people that interview with that lens,
7:12
but it would just be interesting to know what you prefer listening to,
7:14
because we want to make sure we are evolving too.
7:16
And if you don't want to hear interviews, or you really want to hear more...
7:19
Or just help...
7:20
Oh, you don't want to hear about us.
7:21
They should have liked hate both.
7:22
Yeah, yeah.
7:23
But I also think it's a lot more people are using podcasts as a platform
7:29
to get their message across, right?
7:31
So you've got really high profile people that are having conversations on podcasts,
7:36
which they didn't before.
7:37
So interviews were actually probably quite...
7:40
You know, like attractive and meaningful back in the day.
7:43
But now when you've got people like Barack Obama and like super high profile people
7:48
coming on a podcast to do a chat, it almost elevates it to a level of...
7:54
Having to have these really, really high profile guests.
7:57
I don't know.
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That's just my two cents.
7:59
I'm confused.
8:00
What do your podcasts use to be a platform where you could have really interesting conversations
8:05
with people that were probably less known?
8:07
Oh, I see.
8:08
There is now, you've got high profile people that are open to coming out of us.
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They can see the reach of the podcast.
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And I'm like, I want to talk on a podcast.
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And therefore, you don't really care about Mary over here.
8:20
You want to hear about Barack Obama because it's like, oh my goodness, he's now on a podcast.
8:24
Do you know?
8:25
I think there's been a lot of...
8:26
There's a real chef.
8:27
Yeah.
8:28
Like a celebrity kind of status of...
8:30
Yeah.
8:31
Interesting.
8:32
Hey, before we get into this episode, I wanted to read an email that came through.
8:35
And this is just a really good example, I think, of how we forget sometimes that the language
8:43
that we use...
8:44
Well, it's just so ingrained in us.
8:46
Well, also, I think you just...
8:48
I don't know.
8:49
When you're sitting here in this room, it's just the two of us.
8:51
There's no one else here.
8:52
You kind of forget people listening.
8:54
You sort of forget.
8:55
And I think that in the last week or so, since there's just been everything that's been happening
8:59
in California, I think, even like Greta Tunberg being captured, I think.
9:03
All of the Elon and Trumps...
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There's been so much stuff happening all over the world.
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And it's really given me this appreciation for this podcast.
9:11
But also, the importance of the way we talk about things, the importance that our researchers
9:17
always correct and factual, which you always do an amazing job of.
9:21
And I think the pressure...
9:22
No, but you do.
9:23
It's like your biggest strength is you're so good at sifting through it and being like,
9:28
this is truth, and sometimes not even putting your opinion on it, just letting people listen
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and sort of like figuring it out from the selves.
9:34
But I think it's also...
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We're always willing to learn and educate ourselves as well.
9:38
We aren't sitting here saying that we know best, we've got everything right.
9:42
Yeah, when the email came through, I was like, oh my gosh, of course.
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Like, thank you.
9:47
Yeah, I know.
9:48
I wasn't like, nah, but we can...
9:50
You know, it was kind of like, of course.
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I kind of felt guilty that I hadn't realised.
9:55
But I think that rather than feeling guilty, I think it's been really grateful
9:59
that the way that this was worded was so supportive.
10:01
Yeah.
10:02
But also just bringing light to something that we totally didn't realise we were leaning into.
10:06
And the other day I was sitting with my flatmates.
10:08
I can't remember what the context was, but they were like, do you guys get really gnarly stuff?
10:12
And I was like, do you know what?
10:13
Everyone's so open to learning that it's not necessarily a f- you or you suck or you're this.
10:18
It's never really a personal attack.
10:20
It's often in the form of really constructive criticism.
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And so that's why I thought, and I read them this email.
10:25
And I was like, actually, this is an example of how someone would give us feedback.
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It's not f- you.
10:30
Yeah, yeah, yeah.
10:31
So anyway, I'm gonna leave it anonymous because...
10:35
We didn't ask her.
10:36
We didn't ask her permission for her name, sorry.
10:39
She said, hi, curved team.
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First, thank you for everything you put into the show.
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I've been listening since the very beginning.
10:44
And it's a joy to have a smart, funny woman-centered space in my feed each week.
10:49
I genuinely enjoy your dynamic, your wit.
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And especially the chitchat, you compliment each other.
10:54
It always feels like catching up with friends while learning about finance,
10:57
which is exactly what we're going for.
10:59
That's why I wanted to gently share something from your recent written material.
11:03
And this is also just for context.
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We also spoke about this in a similar way in the podcast.
11:08
So this came back in response to our Curve Weekly newsletter.
11:11
But I mean, this was throughout our content for the last week.
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When such polarizing public figures like Trump and Elon were described with phrases
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like, the girls are fighting or compared to real housewives.
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It felt a bit jarring.
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I know that it was set in jest, but using feminine coded language
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to mock these men unintentionally reinforces old stereotypes about women
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that being dramatic, irrational or petty as inherently feminine and laughable.
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That didn't sit right in a show that usually uplifts and respects women.
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If the goal is to highlight ego, chaos or narcissism,
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maybe different phrases could be used to make the point
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without leaning on negative stereotypes.
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I say this is a listener who respects what you do and wanted to offer a different perspective.
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Thank you again for the brilliance, honesty and laughs you bring to the pot.
11:55
I'll keep tuning in every week.
11:57
Warmly execs it.
11:59
Warmly and honest.
12:01
And I just thought,
12:02
Shit, that's such a good point.
12:04
We've spent, you know, in most news outlets globally have been doing the same thing,
12:09
you know, talking about the biggest break up and making it quite like feminine language.
12:13
It's all those little things that you subconsciously accept
12:17
or don't even notice for a lot of women and men that chip away at you
12:22
and kind of create the society that we live in and so.
12:27
So there's this interesting phrase and I don't know if it's commonly known,
12:30
but the idea of microaggressions
12:32
and it can be racial, can be gender stereotypes, it can be sexuality, anything.
12:38
But it's kind of like small digs that are not okay.
12:41
Like, you know, we used to speak about it because we would randomly do accents.
12:45
Oh yeah.
12:46
And that's a really good example where it's like the tone is actually without realizing it.
12:50
There's a bit of racism there.
12:51
And it's sort of similar with this.
12:53
It's not overtly trying to insinuate something that you accidentally do.
12:58
Yeah.
12:59
Anyway, just wanted to say thank you for that.
13:00
And if you ever have any other thoughts, feedback, different perspectives,
13:04
we're always open to hearing it.
13:05
It comes like flooding any front side.
13:07
Okay.
13:08
I don't like how you say this.
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But I think it's good.
13:13
It's good.
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I laugh, but yeah, no, we do always want to be better and more respectful.
13:19
So please let us know.
13:21
And I think there's a real difference between, you know, when people are like,
13:23
oh gosh, you know, there might be people listening like, you're so PC and like,
13:27
man, man, man, it's like, no, actually we're all learning and evolving.
13:30
And I would always rather someone bring something like this to our attention than not.
13:35
And there might be suggestions or feedback that we don't take on board,
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because we don't consider it.
13:40
Totally.
13:41
Totally.
13:42
Or, you know, we crowd sourcing exercise.
13:44
Yeah.
13:45
But anyway, there has been lots going on.
13:47
Lots of like little bits of news, you know, not the kind of weekly game changes,
13:53
like Elon and Trump or, you know, it was kind of lots of little things.
13:57
I was like, you know, I could do like a quick fire curve weekly where it's just like,
14:00
boom, boom, boom, boom, boom.
14:01
I mean, I'm happy doing that.
14:02
What I will say is I felt relieved when that was the case,
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because it does just feel like we're constantly having these enormous things happening.
14:11
And having a little bit more of a low-key week felt good for me in all honesty.
14:18
Well, let's start with libubus.
14:20
Yeah, let's.
14:21
Do you know I only just found out about it?
14:23
I was just out a week ago.
14:24
So if no, it's what a libubus is.
14:27
So I didn't.
14:28
And I had a leaving dinner when I was at home just before I came back to the UK
14:32
and a friend had one hanging off her bag.
14:34
And I was like, oh my god, I love your little furry toy.
14:38
Like I was like, she's like, it's a libubus.
14:40
She's like, it's a libubus.
14:41
And I was like, what the hell is that?
14:43
So I only recently found out about this.
14:45
And now I've seen it everywhere with people opening these packages.
14:48
I hope it's pink.
14:49
And then it's not.
14:51
Yeah.
14:52
Can you just give an overview?
14:53
What is it?
14:54
And why do people not know?
14:55
Is it like kind of surprise in terms of?
14:57
Yeah.
14:58
So this is the whole thing is that it's these blind box collectibles.
15:02
So you don't know what you're going to get.
15:04
You could have one and then you buy another one and it's the same one that you've got.
15:06
You know, and it's whole like the whole unboxing trend is really leading into this.
15:11
But the reasons in the curve weekly this week is that a human sized libubu doll has just sold
15:17
for $150,000 at auction in Beijing.
15:20
I read this headline.
15:21
I was like, oh my goodness.
15:22
This libubu craze has just gone crazy.
15:24
What's the name?
15:25
I don't know.
15:26
Libubu.
15:27
For those of you who don't know about libubus, it's like a little monster kind of character.
15:32
It's quite weird looking.
15:33
It's not taken from a movie.
15:34
It's not.
15:35
It's literally just a little monster that's been created by a Hong Kong artist.
15:38
And anyway, it's just got so popular because of this blind unboxing.
15:43
There are so many celebrities now that haven't.
15:46
There are so many people that have attached them to their Hermes bags, you know, which is
15:50
like quite wild because it's, well, that's like a $40,000 back.
15:54
Anyway, I started doing some digging and I was like, is this a public company?
15:57
If it is, I surely have missed the boat.
15:59
You know, like I spotted this ages ago, but anyway, and it is a public company.
16:03
There's a company called Popmart who owns it and they own all the rights and distribution,
16:08
everything to these libubus.
16:12
And so I went on and looked at the Popmart share price.
16:17
Holy Jesus.
16:19
With Mr. Amelie.
16:20
I'm so gutted.
16:21
Oh, what happened?
16:22
So it is up 600% in the last year.
16:26
It's up 200% so far this year, even if in December, you were like, oh, these libubus
16:32
things.
16:33
I'm seeing them around a lot and you'd bought shares you'd have you would.
16:36
So 600% if you put in 100, it would have gone up to 600.
16:40
That is so amazing.
16:42
I'm kind of got to know.
16:44
No one brought this up.
16:45
If you put in a million, it would have gone to 6 million.
16:49
Do you know what I think?
16:51
It's quite hard to be sick because Popmart is a Hong Kong company.
16:54
So it's not, I've looked on shares and I looked on trading two and two.
16:57
But there are if you really wanted to buy these platforms that you can buy it on.
17:01
I think the reason this has done so well is because well, not the company, but I think
17:07
the idea of them.
17:09
And tell me if you've got a different perspective here, but there's not that many things in
17:14
life that are a surprise in a good way.
17:17
I love surprise.
17:19
We know.
17:20
Other than something along the lines of gender reveal and not knowing what your baby is.
17:25
Tell me any other good surprises that you have.
17:28
It's not really a lot.
17:29
I reckon that rush is rare.
17:32
And it's such a, it's just fun to have a little bit of childish.
17:35
Well, I remember like back in the day, I used to collect Pokemon cards.
17:39
And you know, you'd open packets of chips and stuff.
17:41
And you'd be like, what card have I got?
17:42
And it was like a big deal to collect all these, you know, different cards.
17:47
And I'm kind of thinking, it's like, what LeBoub is like.
17:49
It's like, okay, cool.
17:50
I've got the blue one.
17:51
I want the pink one.
17:52
And you kind of get these rare ones that people can't get.
17:54
It's a great selling tab.
17:55
How much are they?
17:56
Because I almost, I just want to get one for the fun of opening it.
17:59
I think they're like $20 to $50.
18:00
They're not.
18:01
It's quite cheap.
18:02
Yeah.
18:03
They're not hugely expensive, but I want one.
18:04
Yeah.
18:05
See, this is...
18:06
Oh, no, I'm so bored.
18:07
But I think the learning from this is there would have been people out there so early on this trend
18:14
that all you would have had to do is Google, who owns LeBoub?
18:18
And you would have said it's Popmart.
18:20
It's Popmart, a listed company.
18:22
And then it would have said yes or no.
18:24
And then you could have bought shares even back in December.
18:27
You would have made 200%.
18:28
Yeah.
18:29
You know, like it's not that long ago.
18:30
It's six months ago.
18:31
I just, I just think it's a really good reminder that having that investing mindset
18:36
and spotting these investing trend, like they're all around us.
18:40
It's really interesting because you always used to speak like this.
18:44
Right.
18:45
The beginning of the curve, I remember you saying that you were like,
18:47
just have an investing mindset.
18:48
You know, don't worry if you missed an investing trend because there's so many more.
18:52
Is that what I sound like?
18:53
Yeah.
18:54
Beautiful.
18:55
Beautiful.
18:56
You'd be like, oh, there's just so many more.
18:57
We're not doing accents Sophie.
18:58
No, no, this is just...
19:00
That was a microaggression.
19:03
That was a microaggression.
19:04
I, and anyway, I always remember thinking like it's so easy for you to say
19:09
because I don't feel like they're anywhere.
19:11
And I don't spot them very often.
19:12
And it's really easy to get scarcity mindset towards that.
19:16
But it's so true that the world and every industry is evolving so much.
19:21
Every day, there's new trends that pop up all over the show.
19:24
Like one of the ones that I've been thinking about lately is,
19:26
and all my exercise classes, I've been really staring at people's bumps
19:30
and being like, what brand are you wearing, what brand are you wearing?
19:33
Yeah.
19:34
Because I'm just fascinated by the idea that Louis Lemon's starting to just not really be anywhere.
19:38
Absolutely.
19:39
Yeah.
19:40
It used to be everywhere.
19:41
And now I'm saying this one called Andamo or something everywhere.
19:44
Oh, yeah.
19:45
And it's like hookah sneakers.
19:46
Hookah.
19:47
Hookah.
19:48
Yeah.
19:49
It's just thinking about what you're seeing heaps of and trying to be an early adopter,
19:54
not as a consumer necessarily, but as an investor.
19:58
And look, I mean, this is whether this is a long-term trend or not, probably not.
20:02
But, you know, we try to teach about like long-term trends.
20:06
It's a good activity, right?
20:08
It's a good kind of, trying to get into that behavior of spotting,
20:11
investing in trends around you.
20:13
You also just want to take it so seriously.
20:15
Like, yeah, you're not going to go and put your life savings in Libubo.
20:18
Maybe you want to put 50 pounds in.
20:20
Yeah.
20:21
It's not a big deal.
20:22
You know, we've actually started a new segment in the club called What's On My Mind.
20:25
And it's what about staying ahead of the curve.
20:28
And it's things like this.
20:30
It's literally things that I'm spotting from reading, living, all of that.
20:33
It's just like getting inside my brain.
20:35
What are some things that I'm spotting?
20:37
They could be the start of big trends.
20:39
They could just be tiny little trends.
20:40
But it's helping people get into that investing mindset of looking around you with your eyes wide open.
20:47
If anyone wants to have a look at the investing club too, we've got a seven day free trial.
20:51
So we'll link that in the podcast show notes.
20:53
Can we talk about this IVF stuff?
20:55
Yes.
20:56
I, as you know, am quite interested in this, because it's very much on my mind at the moment.
21:00
I planned on doing this when I was in New Zealand, and then I didn't.
21:03
It's so funny when you text me and you're like, can I call you?
21:06
It's not work related.
21:07
I can certainly get a text from stuff.
21:09
I'm like, oh, work.
21:10
No.
21:11
No, it's like you have to keep your perspective.
21:12
No, it is.
21:13
Well, we move to slack.
21:14
But if anyone's interested, we've moved to outcomes to slack.
21:17
Because we are a proper business these days.
21:19
So we no longer message on WhatsApp.
21:21
Which I think is good, because it means I don't have to do that.
21:23
Because I'm so worried if I want to talk to you about something non-work played at 7pm,
21:26
that you're just not going to answer me.
21:28
It's awesome.
21:29
And when you're like, can I call you?
21:30
It's not work related.
21:31
I'm like, oh, gosh, what's happened.
21:32
Oh, you know.
21:33
Am I that much of a train right now?
21:34
No.
21:35
No, it's just a disaster.
21:36
It's always when my mum's like, can I call you?
21:38
Oh, should I sit down?
21:39
Otherwise, you just call me.
21:40
Yeah.
21:41
It's like, can I call you?
21:42
I don't know why.
21:43
It gives me like, can I call you instantly?
21:45
It's like, oh, it's kind of like along the lines of saying, we need to talk.
21:49
Yeah.
21:50
Which it's not, by the way, but I called for it, because I was panicking.
21:54
Because I was in New Zealand and I really wanted to get my ex-frozen.
21:58
Oh, just on the time.
21:59
I just had a really funny story.
22:00
I remember, do you, you were there, actually.
22:03
And I, I don't know what happened, but I just had this overwhelming feeling.
22:07
I need to tell my family that I love them.
22:09
And I sent them this really beautiful message.
22:11
I had this to sound familiar.
22:13
Yeah.
22:14
Like, Karu was going on at the time.
22:15
And I was like, I love you guys.
22:16
Oh, you mean so much to me.
22:18
And I know I don't say that enough.
22:19
And anyway, it was like, I mean, we were so worried.
22:21
I felt families in the tent, but not like that.
22:23
Like that, out of the blue, like that.
22:25
Usually it's a birthday or something.
22:26
Anyway.
22:27
And then put my phone on flat mode, went into podcast recording.
22:30
I think we must have recorded like two in a row.
22:32
But I came out of that podcast record.
22:35
Like my sister was banging at my front door.
22:37
My dad had called me like two times.
22:40
He runs like, are you okay?
22:42
What's wrong?
22:43
And I was like, oh, maybe I shouldn't have sent that message.
22:45
You know, gone off the grid.
22:47
But it was just reminded me of that.
22:48
What that system is that you don't tell people you love them very much.
22:50
I know.
22:51
I was like, okay, there's two things I need to either do it more.
22:53
Or, yeah, I was like, I think that's the takeaway.
22:55
It's like to do it more.
22:56
But sorry, it was just like a funny thing that I mean, but yeah.
22:59
I'm so confused what we were talking about.
23:01
What were we talking about?
23:02
Oh, yeah.
23:03
I called you and she was trying to figure out what to do.
23:06
So actually, for anyone that has done egg freezing,
23:09
we've put together a little quiz.
23:11
It's like, it tastes like honestly three minutes or five minutes or something.
23:14
We're going to link it in the podcast show notes because we are
23:18
darting gathering for how successful was it?
23:21
How much did you spend?
23:22
How many rounds do you have to do?
23:23
There was one girl in there who, and we haven't shared this dart yet.
23:26
But we definitely will.
23:27
Well, obviously, anonymously, but she got 25 eggs from her egg freezing.
23:32
And she put all of the stuff that she did to try and get her
23:35
bodies like tip top shape to help.
23:37
I was like, this is so helpful.
23:40
I wish they'd given me more information about that.
23:43
It wasn't until after the fact that we were like,
23:45
oh, yeah, it's probably because you're stressed and probably because of this.
23:47
And I'm like, well, it would have been nice to be like, hey,
23:49
delay it a month, focus on or six months.
23:51
You know, just focus on getting your body into the best possible state.
23:55
I don't know.
23:56
Yeah.
23:57
Because basically you're investing, you know, 10,000 New Zealand,
24:00
like 7,000 pounds, if you do one round of egg freezing.
24:05
And that's an enormous investment.
24:07
If it means you need to be, I don't know, taking full aid acid
24:10
or whatever it's called for four months.
24:12
Fine.
24:13
But can you tell me so I can do it?
24:15
Anyway, this is a huge global trend, isn't it?
24:18
Yes.
24:19
Yeah.
24:20
Potentially, potential investing opportunity,
24:22
actually outside of just thinking about your own bodily investment.
24:28
It's the idea of it being a potential global investing trend, isn't it?
24:32
Yes.
24:33
Yeah.
24:34
So there, I guess the kind of overarching stats is that one in six people
24:37
globally experience infertility and the global...
24:40
Is that men and women?
24:43
People to me says men or women.
24:45
Yeah.
24:46
Which is interesting because I think a lot of men don't talk about infertility.
24:50
Yeah.
24:51
Well, it's almost linked if you can't get pregnant, the woman's problem.
24:54
You know, whereas it's like increasingly is a men's and women's problem.
24:59
Was that face like shut up?
25:00
No.
25:01
I just want to say all...
25:02
I was like, what am I saying?
25:03
No, no, it makes me just...
25:05
Sometimes I just get overwhelmed with rage.
25:07
Yeah.
25:08
And I'm just like, God, sometimes the world just annoys me so much, you know?
25:14
Sometimes I'm fine, staying in my lane and used to it, I get it.
25:17
But in today's Curve Weekly, there's quite a lot of stats.
25:21
And some of the other things we're going to get to in a second where I'm just...
25:25
Oh, excuse me.
25:26
Just over.
25:27
I know.
25:28
It is...
25:29
Yeah.
25:30
One in six people experience infertility globally.
25:33
And so the global fertility market's worth nearly 40 billion US dollars.
25:38
I mean, it's expected to grow at about 60 billion.
25:40
So, you know, it's growing 7 to 8% a year, which is higher than your normal kind of health care industry.
25:47
So we all kind of know the reasons why it's like, you know, career.
25:51
People want to pursue their career.
25:52
So they're having children later.
25:54
There's also cost of living.
25:55
People want to get to a certain amount of money before they have children.
25:58
And really just personal choice as well.
26:00
People wanting to have children later.
26:02
There's also increased demand for like some egg freezing.
26:05
All of that, LGBTQ plus communities also, you know.
26:10
So there is just so much that is, I guess, supporting this trend in terms of making it grow and grow.
26:16
You know, grow and grow and grow and grow.
26:18
And there are actually a few publicly listed IVF companies that you can invest in.
26:24
There was one actually I invested in years ago when I was a little analyst.
26:28
Vertis Healthcare in Australia.
26:30
There is one in the US called Rogni.
26:33
And then there's another one, Cooper Search Cool in the US as well.
26:37
But most of them, they make like fertility lab equipment.
26:40
Well, you know, they do.
26:41
Whereas Vertis.
26:42
And there's another one in Australia called Monash.
26:44
Oh, I've heard of Monash.
26:45
Those two are the two pure play fertility companies.
26:50
But Monash, and this is the reason we're talking about it this week,
26:54
has had an absolute blunder.
26:57
What happens?
26:58
Two blunders.
26:59
I know.
27:01
It has put the no, yeah, holy, the wrong embryo into the wrong person.
27:10
No way.
27:13
That is.
27:14
Yeah.
27:15
So this is the second time it's happened in April, and now it's happened again.
27:17
At the same clinic.
27:18
Yeah.
27:19
Sorry, different clinics.
27:20
Like, but same company.
27:21
Yeah.
27:22
Oh, my God.
27:23
So what did they do?
27:24
Because they can't take it out.
27:25
Well, it's just, I mean, I can't even imagine as a woman that happening.
27:33
And you're so excited.
27:35
And I just can't even.
27:36
Yeah.
27:37
But how would they know?
27:38
How would they be like, oops, we've put it in the wrong one.
27:41
Because wouldn't that be when it's born or would there would be a must be test or there must be, you know, maybe you put in
27:46
someone else's and then you go to put theirs in and you're like, where is it?
27:48
I don't know.
27:49
That sounds very basic, but like, I'm sure there's been.
27:51
Has the person this has happened to spoken out or shared anything?
27:54
Because that's.
27:55
I think there is a lot of investigations going on into how this happens.
28:00
The repercussions, the financial conversation.
28:03
What?
28:04
Sorry.
28:05
Can we just think about this from a, let's say this is you.
28:07
So let's say someone transferred the wrong embryo into you.
28:10
Yes.
28:11
Because once it's taken, because it's really hard, would it be a case where you're almost a surrogate for the person who's
28:19
embryo and actually is and then all they swap and they put, you know, your embryo on someone else.
28:24
I think that's the way conversation.
28:26
Because I am.
28:27
I'll carry your baby.
28:28
You carry mine.
28:29
Like what?
28:30
Yeah.
28:31
I don't even know.
28:32
You know, all of the pro life arguments will think, you know, once it's in there and it's attached and it's growing.
28:40
I.
28:41
Oh, the.
28:43
There's so many like ethical and ethical boundaries.
28:46
Mind.
28:47
Like that would that.
28:48
Yeah.
28:49
I just can't even.
28:50
But anyway, the share price is falling for cliff as you would expect.
28:52
There's reputational damage.
28:54
In fact, this is the second time now.
28:55
Personally, I would not be going to monash, you know, for my fertility concerns.
28:59
I'd be going to vertus.
29:01
Yeah.
29:02
And I think that the reminder here is this is yes, it's a global trend and it's going to be a long term trend.
29:07
I think, you know, I see this playing out for kind of years and years and years, but diversification is so key.
29:13
Because if you were like, oh, this IVF trend, yeah, I'm going to put all my shares in monash.
29:19
You know, even if you'd split between the two pure plays of vertus and monash or, you know, you had a more kind of holistic health care ETF.
29:29
It's quite interesting because as soon as we first started this chat and you were talking about those two brands,
29:33
like, is it vertus?
29:34
Vertus.
29:35
Vertus.
29:36
Sorry, I've just spelled it wrong.
29:37
Vertus and monash.
29:40
And then when you said it's saying monash had the blunders, I did think, oh, I'll go invest in the other one.
29:46
But that's exactly what you're saying not to do, right?
29:48
Because they could just as easily have a total blowout.
29:50
Yeah.
29:51
I mean, the issue price has actually done well out of this.
29:53
So there will be people that are like, well, you know what?
29:55
Customers are now going to go to vertus.
29:57
You know, there's going to be increased demand for their products over monash.
30:00
So yeah, there'd be.
30:01
But yeah, I think it's, I think the lesson is you never know what's going to happen.
30:06
It's also a really new technology.
30:08
Yeah.
30:09
So I think it's only been about 10 years that you've been able to raise your eggs.
30:13
Like that's, if you think about even just if we rewind in terms of the pill, really, it was only what like 50 years ago.
30:20
People before that weren't able to control if they got pregnant or not.
30:24
Now you can start to decide how long you want your fertility around.
30:28
If you want to try and extend it through egg freezing, like I think there's a huge amount of innovation that's going to be happening in this space.
30:33
Which also then means there'll be a lot of things going wrong because it's a.
30:37
It's not something that people really have a lot of experience with yet.
30:42
And it's also there could be things like government funding.
30:46
They can introduce in terms of, you know, because it is part of healthcare.
30:49
And you know, there is an increasing number of people needing to use IBS and fertility treatments, which is a positive thing, right?
30:56
If they get government funding.
30:57
But then that opens up to competition and other players coming in.
31:00
So yeah, you're right.
31:01
In new space, that is in a very attractive sector.
31:04
Always attracts competition.
31:06
But then there's also reputation as well as really key.
31:10
Do you want to go to the new player or do you want to go to the one that's had a consistent.
31:13
That's so true.
31:14
So when you're dealing with health.
31:16
I mean, for me, when I was trying to navigate all the different clinics, I was so overwhelmed, particularly in London, because there's so many.
31:23
And that's why we put this little spreadsheet together so we can kind of share.
31:27
So yeah, if you've done it, whether it's the UK New Zealand anywhere, please put your details in.
31:32
It's in the polka show notes. We'll share the results.
31:34
Because I think having almost like the top three that most people in the curve community have used instead of good is just really helpful to narrow down.
31:41
Yeah, and it's kind of like fun managers, right? There's there's ones that are cheaper.
31:45
There's ones that are better performing.
31:47
There's, yeah, it depends what.
31:49
What you kind of want to go for.
31:51
Quickly, I know we don't want to talk about Trump.
31:53
Yeah, but Trump free week.
31:55
Yes, it's hard.
31:57
But anyway, there's been news out that there has been, you know, on April the second was when he announced liberation day.
32:04
And that's when he announced all these tariffs.
32:07
Stock market fell massively.
32:10
And then on fast forward, literally only kind of six days.
32:15
The stock market started to go back.
32:17
He started rolling the back.
32:18
You know, things started rebounding getting better.
32:20
So his massive stock moves like a big fall like that, big rebound.
32:24
And it is now being discovered that during that kind of six day period, there was over 700 trades.
32:32
Done by members of the House of Representatives and their families.
32:36
So remember we spoke, what ideas?
32:38
Like we spoke, I don't know when it was about how there was this law.
32:42
They were trying to introduce around people in government being able to trade.
32:48
They were trying to stop it, right?
32:49
Yeah, they're trying to be like, no, no, you're privy to some pretty influential information.
32:53
You and your families cannot trade.
32:55
Yeah, yeah.
32:56
Or there's windows you can, right?
32:58
It might be like only the end of March and only, but they're set windows.
33:02
So, you know, there can't be any gray area around whether you knew information or not.
33:06
So anyway, the fact that there's this many trades in such a short period of time in the market fell.
33:12
People are like, hang on a second, because this is raising some serious ethical questions.
33:17
Like you were privy to information going on in the White House.
33:21
That they were bringing tariffs and then they changed their mind.
33:24
Yeah.
33:25
And I think the quick reversal has also put a lot of spotlight on that period of time.
33:29
Like what was the intention in the first year?
33:31
Was it just to make heaps of money?
33:33
Yeah.
33:34
So this is who even leads the charge in the investigations and making decisions on this.
33:39
Like who's responsibility is it to find out what happened and put new rules in place?
33:44
So the SEC, so the Security and Exchange Commission in the US is the kind of the police of financial markets.
33:51
And they, there will be people that will be sending, sending them tips in terms of like, hey, Mary, who is, I don't know, in the department of justice.
34:04
She put on some trades or hey, can you just look at this unusual behavior?
34:08
Like they would get sent something.
34:09
It sounds like a ministry of magic from like Harry Potter.
34:12
Yeah.
34:13
So like this marble wall has done this.
34:15
And then so there'd be like competitors do it to each other, right?
34:18
Like if you and me had had different hedge funds and I saw that you put on a trade and then made heaps of money, I'd be like, can you just look at stuff?
34:26
So it's trades on the sec individual.
34:28
So it's almost like putting it like dobbing each other in it.
34:31
Yeah.
34:32
But with this though, what I don't understand is does Trump have any influence over the SEC?
34:38
No.
34:39
So I know the stage.
34:40
It's pretty getting pretty influential on everything right now.
34:43
Yeah.
34:44
But I think that's what I feel as though he's controlling everything, which makes me think, is there going to be a time where?
34:51
Yeah.
34:52
But anyway, I think it's kind of reignited this political pressure of like lawmakers are not allowed to trade, particularly around sensitive news like this, because the whole reason the stock exchange and public markets are set up.
35:05
There's huge, huge rules around.
35:08
You can only trade on.
35:11
Public information.
35:12
It's illegal to trade on material non public information.
35:15
And that's just a set of even playing field for everyone inside of trading is based on if you are trading on material.
35:21
And that means anything that's going to move a stock price.
35:24
Material non public information.
35:26
If you're privy to anything like that, you need to disclose it straight away or gone black out, which means your shares are almost in a trading hole.
35:33
You can't trade them.
35:34
So there's, because there will be things like say, say the curve was public company and we got approached by a takeover opportunity and there was a big company on its bias.
35:41
We're instantly privy to material non public information.
35:46
So we would have to go to the stock exchange ago.
35:48
Can you just pause all trading on our shares?
35:50
Because we need to deal with this takeover, this company that wants to acquire us and it's massive news and we've just found out.
35:56
So we don't want anyone else to find out and be trading on that news.
36:00
So we need to just gather our thoughts essentially and then we'll release a statement and then it's public and then anyone can trade on it.
36:06
So yeah, that's what you know when you talk about.
36:09
That's what they should have done here.
36:10
When that tariff news came out, it should be like no one or when they were even talking about it.
36:15
But say this is so hard because laws take a while to come in and policies take so long.
36:19
So it's like, yeah.
36:21
One of the things that you talk about is does this business or is this company found owned?
36:27
Is there a founder or someone that created the business that's still there that has a huge amount of shares?
36:31
If they're selling heaps of shares or buying heaps of their own shares, it's generally either a green or a red flag.
36:37
Because if they're buying more of their shares, they know something about positive future earnings predictions.
36:45
How is that any different?
36:47
I don't mean they know something like they're going to be taken over next week or they're about to make a big acquisition.
36:53
I don't mean that it's more like they can see, I guess, the momentum that is happening.
36:57
But they also only have windows, right, where they can buy and sell shares.
37:01
What owners of companies?
37:02
Yeah.
37:03
And inside of people, these are only like because I see if I, for example, he or she might want to buy shares in their own company.
37:09
And they're allowed to, but they're privita so much non-public information that is very material.
37:15
So they can only trade when that is then public.
37:18
And it's usually once they've reported their financial results, then there's maybe a few days a week or a month after that where they can buy and sell shares.
37:26
So everyone has got the information that they had.
37:28
And then yeah, it's something that happens.
37:30
It's shit because it kind of undermines the trust in the market.
37:33
It makes the market rigged.
37:34
Well, it makes it feel gambling, doesn't it?
37:36
Yeah, and it's just like, you know, let's just even the playing field.
37:39
Anyway, so that's what's happened and is, yeah.
37:43
Let's do a couple of quick fires because there's a couple of other interesting headlines.
37:47
We don't really have time to go into them in too much detail, but let's just do some, yeah, quick rounds.
37:51
Gidea images has merged with shutter, shutter stock.
37:54
I can never say shutter, shutter, shutter, shutter.
37:57
And it's shares jumped massively.
37:58
And I think this is a whole overarching trend of just the consolidation and kind of creative content and media that we've seen spotify beyond acquisition sprees.
38:07
We've seen Disney in 21st century Fox merge.
38:11
We've seen Warner, Warner media discovery.
38:13
You know, there's been a lot of kind of a lot of, even when I was looking through my all the different streaming platforms.
38:19
I was like, God, it's ridiculous.
38:20
There's nine.
38:21
How stupid.
38:22
Like, even our talk of, call her Alex.
38:24
We've got to watch on Disney Plus.
38:25
Yeah.
38:26
Yeah.
38:27
Yeah.
38:28
Yeah.
38:29
Yeah.
38:30
So it makes sense to bring it all together.
38:33
Yeah.
38:34
And then you get easier for us as consumers.
38:37
I think it's just when it ends up being there's only one or two and it's a big conglomerate.
38:41
That's obviously not ideal.
38:42
But I think when it's also fragmented, like it kind of is at the moment, it makes sense that there's all these mergers.
38:47
And there is concerns that you start to own, you know, like social media players, right?
38:53
Like they can, their algorithms help dictate what we see and what we consume.
38:57
So there is kind of concerns that when you get to a point that you own such a big media company,
39:03
you start to dictate what people see and then there's like ethical.
39:05
But look, it's the fact that they need to live, you know, and Google and all these giant platforms are existing.
39:11
I'm sure it's really, you've got to get pretty bloody and almost before someone's going to step in and say you're too big.
39:17
Yeah.
39:18
The fact that they're all still operating as their own businesses and no one's served.
39:21
I mean, yeah, there's been fines and stuff, but no one's doing anything about it really.
39:25
It's like, cool.
39:26
We'll find you.
39:27
We'll find you one perceived of your profits.
39:28
Yeah.
39:29
There's also been some cuts to global growth.
39:32
So the World Bank, which is the name suggests, is the Bank of the World.
39:35
It has cut its global growth, which we knew was happening, right?
39:38
We knew that all of this Trump tariff stuff was going to slow down global global growth.
39:44
But do you basically mean that they have changed what they projected?
39:48
It's not that they've changed the outcome.
39:50
They're just saying we're not projecting this is going to happen.
39:52
Yeah.
39:53
And it is now the lowest growth we've seen for the last 17 years.
40:01
Wow.
40:02
Outside COVID and the kind of global financial crisis.
40:05
So outside of the massive, massive big shocks to the world.
40:10
This is the lowest growth we've ever seen.
40:12
So does that mean recession?
40:13
What does it mean?
40:14
It recessions are two consecutive quarters of negative growth.
40:19
That's kind of the definition of a recession.
40:21
So it's kind of country-specific.
40:23
So you don't usually, oh my god.
40:25
It gets me every time.
40:26
You don't really have a global recession.
40:30
Unless there's a whole lot of countries at once.
40:33
And that was COVID and the global financial crisis.
40:36
But that's not what this is looking like.
40:38
No, it's just saying there's a massive slowdown.
40:40
And we kind of knew that.
40:42
But each country could probably go into recession.
40:44
But it's still growing.
40:45
It's still growing.
40:46
2.3% but yeah.
40:48
What's an average or a healthy growth?
40:50
Like global economy growth?
40:52
Good question.
40:53
I'd say like five?
40:56
No.
40:57
You've got like India and China stuff that are growing like six, five, six, seven%.
41:01
And they kind of proper the rest of the world.
41:03
But around about probably three.
41:06
Oh, three percent.
41:07
Three percent is like, I know.
41:09
But like if you think what's what's had to change to move, you know, even 0.1%.
41:15
When you're talking about procedures on a massive scale.
41:20
Yeah.
41:21
And we've got some stunning news to finish with.
41:24
Yeah.
41:25
And some very exciting, empowering, brilliant news that everyone is going to be absolutely thrilled to hear.
41:32
And that is that we have more.
41:36
More, so out of the top 20 highest paid CEOs of the S&P 500.
41:43
There is more Davids in that list than women.
41:46
Standing ovation.
41:48
Who's excited?
41:49
So go David.
41:50
That's great.
41:51
Oh, Jesus.
41:52
Okay.
41:53
So I mean, it was mine.
41:54
I mean, once upon a time.
41:55
Yeah.
41:56
I was scrolling through a thing like, is there any woman?
41:58
Same.
41:59
I was like, is I thought is Jensen a woman?
42:04
No.
42:05
That's a man.
42:06
Nope.
42:07
It's a guy.
42:08
Jensen.
42:09
Nvidia CEO.
42:10
Is there any men in this list?
42:11
Good.
42:12
Judas number 18.
42:13
Oh, great.
42:14
Yeah.
42:15
Gojud.
42:16
Her pay package is 42 million.
42:18
Hmm.
42:19
Shit, yeah.
42:20
So the top one here is Rick Smith from Exxon Enterprise.
42:23
And they are a Taser company, actually.
42:25
Completely.
42:26
With like an underlying subscription.
42:29
Yeah, it's quite a unique story.
42:31
Who's a Taser business.
42:32
Who is a Taser business?
42:33
No, it's a software.
42:34
Yeah, it's quite an interesting story.
42:36
I might talk about it in the comments.
42:37
What's Tim Cook at Apple?
42:39
Is he CEO?
42:40
Yeah, yeah. Steve Jobs replaced me. Yeah, he's number four. Ted Serendos, Netflix CEO, 62 million.
42:49
These are wild numbers, right? I can't even imagine having one million in the end.
42:53
You've got two Netflix CEOs in the end. That's crazy.
42:58
Wow, hundreds of millions.
43:00
Imagine that someone presenting you your pay-packer and saying it's 60 million.
43:05
You're probably like, where's, why is it 60 million?
43:07
What would this dress be? Do you think it would be absolutely phenomenal?
43:11
Or do you think they're just so skilled that it's the same manner,
43:13
pressure that most of us feel in our day-to-day jobs?
43:16
I mean, you have a pretty impressive team underneath you.
43:20
Oh, yeah. But it's also the risk associated with being a CEO of those companies, right?
43:25
But what is the risk, really?
43:27
Apple CEO, like, you make a fundamentally wrong decision
43:31
and the sheer price goes backwards and I don't know.
43:33
I guess it ruins your behavior to take it.
43:35
Taking over Steve Jobs' role, I can't even imagine that, yeah, anyway.
43:41
So, yeah.
43:42
I think it's, can I just say? I do think it's absolutely ridiculous
43:46
that this is how much people get paid.
43:47
I know.
43:48
And I'm not saying that they don't have incredibly important, very stressful jobs.
43:52
But when people aren't even being paid £25,000 a year,
43:57
and there's some people in the world that are earning £165 million,
44:01
that feels wrong.
44:02
I remember an inquiry that they did in Australia with the supermarkets,
44:07
and they were talking to the CEOs and they were like,
44:11
how much do you come to get in?
44:13
And they were like, billions.
44:14
And how much do you get paid?
44:15
And they're like, millions.
44:16
And they're like, and how much is the average salary of a supermarket worker?
44:20
And then they were like, yes, but we give lots of perks and brewera.
44:24
And they're like, oh, cool.
44:25
And so do you get discounts as well that you can use in supermarket?
44:28
And he said, yes, he said, do you use them?
44:30
And he was like, do not tell me that you use the discounts.
44:34
Anyway, it was just to get some cheap cans of tomatoes.
44:37
But it was also just so interesting that yes,
44:41
there's people that I would love to know,
44:44
some of the average salaries of these people,
44:48
you know, like in terms of the places that they work,
44:51
what is the average salary if you took out the CEO?
44:54
You know, what does that curve look like in terms of the average salary?
44:57
Like, yeah.
44:59
Like Walmart.
44:59
There is no, there is no amount of responsibility that deserves that kind of
45:05
paid disparity between, I don't think.
45:08
I think I, I, I understand we're here in an Apple Shop
45:11
compared to running the entire business,
45:13
requires a completely different skillset experience.
45:17
And like the sacrifice that these people would have made.
45:19
Do you know?
45:20
I don't know actually.
45:21
It's just an unfathomable amount of money.
45:26
A couple of million is fine.
45:28
Oh, who needs that much?
45:30
What are you doing?
45:30
Let the line stock.
45:31
They'll be stocking there as well.
45:33
They're there to, yeah, anyway.
45:34
Bit gross, bit gross.
45:35
That is all on that positive note.
45:37
We will finish here.
45:38
Yeah.
45:39
What else is happening this week?
45:41
Do you have any fun personal things that you want to share or do?
45:43
What's going on?
45:46
I feel like we just need to lighten the mood a tiny bit.
45:48
Give me a joke, so.
45:49
Yeah, okay.
45:50
I'm just trying to think if I've,
45:51
you know all my jokes, they're not worth telling again.
45:54
Yeah, true.
45:55
I went to Heim last night.
45:59
Oh, no.
45:59
He was like a listing party in
46:02
Dostin, which is like a cool kind of area.
46:04
Like they were playing?
46:06
They were playing their new music.
46:07
They were playing their new music.
46:08
It was like a listing party, so you,
46:10
it was this really cool venue.
46:11
Everyone's sort of sitting.
46:12
What is a listing party?
46:13
So they play the music, like the recorded stuff
46:16
and they're sitting on stage right listening and singing you along
46:18
and then they talk about the songs in between.
46:20
So it's not live performance.
46:21
I thought you were like, you go along and listen.
46:23
Yeah, you do.
46:24
But being up there.
46:25
Oh, no, they're there.
46:25
You know, I was like, yeah.
46:26
I was like, well, I got there and I was like,
46:28
I feel like for 25 pounds, they shouldn't be here.
46:31
Like that's weird to me, but they were.
46:32
And they were so funny and cool.
46:35
Yeah, really, I really love their music.
46:37
That was fun.
46:38
Oh, yeah.
46:39
But do you know what it was sad?
46:40
I don't know what it was.
46:41
Well, this is a trigger warning for eating disorders.
46:44
One of them, the oldest one who is the funny,
46:46
like she's so hilarious.
46:47
I actually remember meeting her 10 years ago
46:50
or something when Heim first started,
46:52
they came on and went interview
46:53
in one of the shows I was producing.
46:54
And she was just a bundle of laws.
46:57
She was hilarious.
46:58
Yeah.
46:59
They all walked on stage at the start of this.
47:01
And she was so, so thin.
47:05
She looked like half the size of her sisters
47:07
who looked completely normal.
47:09
And I just was like, God, it's just so sad.
47:12
Just eating disorders just take no,
47:14
I don't know, I don't know.
47:16
And I was thinking, because I know people
47:18
who are neurodiverse, often are once
47:20
quite extroverted, quite funny, quite creative.
47:23
I was like, I bet she's neurodiverse.
47:25
And the interconnectedness between that
47:27
and the disorders is really close.
47:28
And I was just looking at her.
47:30
Her sisters were drinking beer on stage
47:31
and she was drinking water and
47:33
like just all the signs were there
47:34
in terms of she was way more in her shell than she normally.
47:37
Yeah.
47:37
Then she used to be, I was just like,
47:39
fuck, this is just such a shit thing.
47:41
It makes me so sad to see.
47:43
And we were going to finish on a positive card.
47:45
Oh, sorry, fuck, I forgot that.
47:46
I would really like to finish on
47:49
giving a little birthday shout out to our editor.
47:52
Yes, oh my God, great idea.
47:55
That actually is such a good, I can't believe it.
47:57
Sorry, I didn't think of this.
47:58
Today is our beautiful editor, Emily's birthday.
48:04
And she's also not just an editor.
48:06
No, she's not just an editor.
48:08
She's our producer of effort.
48:09
I find it hard like when people are like,
48:12
what's her role or who do you employ?
48:15
And I'm like, she's an editor, but I'm like,
48:16
but she does like so much more than that.
48:18
She's like, we need to go with a new role.
48:20
I think her new role should be content lead or something.
48:23
Yeah, she's absolutely fantastic.
48:26
And she's 25 today.
48:28
Oh, spring chicken.
48:29
She's honestly the kindest, most funny,
48:34
hardworking, creative person ever.
48:36
And we adore her.
48:37
The best person to have around.
48:38
And it's just, yeah, the best energy.
48:40
And she works so hard, doesn't she?
48:42
She's so hard.
48:43
Yeah, we could call her at midnight, she'd be like, yes.
48:46
Yeah, she's honestly just the dream.
48:48
Emily, the curve would be a total shit show without you.
48:51
Thank you. Please, never leave.
48:53
Yeah.
48:54
Your pressure, publicly asking her to never quit, please.
48:58
But she is doing a rail trail.
49:01
Well, I don't think it's, I called it the rail trail,
49:03
but into rail, it's the year or something.
49:06
It's like a Kentucky.
49:07
It's like we're just having a sabbatical.
49:08
Yeah, as she very, very much deserves.
49:11
And we hope we will try to not let the curve fall apart.
49:16
But please hurry back.
49:17
But happy birthday.
49:18
Happy birthday, we love you.
49:22
Thank you so much for listening to the Curve Weekly.
49:24
Make sure you hit the subscribe button to stay up to date with all the
49:27
many business stock market news.
49:28
And if you like what you heard, we would love a review.
49:31
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49:32
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49:35
Please, don't leave one if you hate it.
49:38
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49:40
Because it really helps other people find our cute little podcast.
49:43
And we hope you have a good week and see you next Monday.
49:45
Bye.
49:46
Bye.
49:48
That's great.
49:48
Yeah.
49:49
See you next Tuesday.
49:50
Well,
49:53
see you next Tuesday.
49:53
I mean Monday.
49:55
No, actually though, new episodes out every Tuesday.
50:01
Okay, quickly, the curve was created to empower and educate you about investing,
50:04
but we are not financial advisors.
50:07
Our platform exists for educational purposes only,
50:09
and it doesn't provide personalized investing advice for your individual needs.
50:12
And should not be relied upon to make an investment or financial decision.
50:16
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50:21
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50:23
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50:25
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50:26
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50:27
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