Latest / NO FILTER / Learn English with the JOE ROGAN PODCAST _ Elon Musk(M4A_128K)
Transcript
- 0:00Speaker 1: Basically two many smart people going to finance and more.
- 0:02Speaker 1: So you know this is both a compliment and criticism.
- 0:08Speaker 1: We should have I think fewer people doing law and
- 0:12Speaker 1: fewer people doing finance and more people making stuff.
- 0:19Speaker 2: Oh yeah, what's up, global citizens. I'm Chiago, your real
- 0:23Speaker 2: life influency coach, and today we have a great conversation
- 0:26Speaker 2: to learn English from with podcaster Joe Rogan and the
- 0:29Speaker 2: controversial yet legendary and visionary entrepreneur Elon Musk. But in
- 0:35Speaker 2: case you're new here, our method is really simple. First,
- 0:38Speaker 2: you'll watch the scenes with subtitles. Then we will teach
- 0:41Speaker 2: you some of the most important vocabulary, grammar and pronunciation
- 0:45Speaker 2: from the clips. Finally, you will test your listening skills
- 0:48Speaker 2: by watching the scenes again without subtitles. But before we
- 0:52Speaker 2: get started, make sure you hit a subscribe button and
- 0:54Speaker 2: bow down below, because every week we put out a
- 0:57Speaker 2: new lesson like this to help you understand your favorite movies,
- 1:00Speaker 2: TV series and of course podcasts and interviews without getting laws,
- 1:05Speaker 2: without missing their jokes, and without subtitles. So hit the
- 1:09Speaker 2: subscribe button in order not to miss a single new lesson.
- 1:12Speaker 2: Now let's get started. In the sclip, Elon talks about
- 1:19Speaker 2: how people often have the wrong idea about him and
- 1:22Speaker 2: all the billionaires. Let's see what he has to say.
- 1:25Speaker 3: But do you feel like people define you by the
- 1:29Speaker 3: fact that you're you're wealthy, and that they define you
- 1:32Speaker 3: in a pejorative way?
- 1:34Speaker 1: For sure? I mean not everyone, but you know there's
- 1:36Speaker 1: a for sure in recent like your years, billionaire has
- 1:41Speaker 1: become a perjoy like it's a pejorative Like it's like
- 1:45Speaker 1: that's a bad thing, which I mean, I think that
- 1:48Speaker 1: doesn't make a lot of sense in most cases. So like,
- 1:50Speaker 1: how do how does this wealth arise? It's if you
- 1:54Speaker 1: organize people in a in a better way to produce
- 1:58Speaker 1: products and services that better than what existed before, and
- 2:02Speaker 1: you have some ownership in that company. Then that essentially
- 2:08Speaker 1: gives you the right to allocate more capital. So there's
- 2:12Speaker 1: a conflation of consumption and capital allocation.
- 2:20Speaker 3: But do you feel like people define you by the
- 2:24Speaker 3: fact that you're wealthy?
- 2:26Speaker 2: If a person has a substantial amount of money and
- 2:28Speaker 2: material possessions, this person is wealthy. You know the words
- 2:33Speaker 2: this person has a lot of money.
- 2:35Speaker 3: And that they define you in a pejorative way.
- 2:38Speaker 2: Pejorative is a great word. If you talk about somebody
- 2:41Speaker 2: in a pejorative way. You are speaking about that person
- 2:44Speaker 2: from a negative perspective. You're not being very kind to
- 2:47Speaker 2: that person. A great synonym for pejorative is derogatory. If
- 2:52Speaker 2: you are derogatory or speak about someone in a derogatory way,
- 2:57Speaker 2: it's the same idea you are talking about that personatively.
- 3:00Speaker 2: By the way, this reminds me of a classic clip
- 3:03Speaker 2: from Rocky Too, you know the Rocky BA movies. In
- 3:06Speaker 2: Rocky Too, there is this press conference where a reporter
- 3:10Speaker 2: asks Rocky to comment something derogatory about his opponent, Apollo Creed.
- 3:16Speaker 2: But Rocky in that movie he's not very educated, so
- 3:19Speaker 2: he doesn't really understand what derogatory means. So it's really
- 3:23Speaker 2: cool to see the clip because he kind of uses
- 3:26Speaker 2: the derogatory in a positive way because he doesn't understand
- 3:29Speaker 2: what it means. Check it out, Rocky got anything derogatory
- 3:32Speaker 2: to say about the champ?
- 3:36Speaker 1: Yeah, he's great, for sure. In recent years, Billionaire has
- 3:42Speaker 1: become a like it's a pejorative, like it's like that's
- 3:45Speaker 1: a bad thing, which I mean, I think doesn't make
- 3:49Speaker 1: a lot of sense in most cases.
- 3:51Speaker 2: Great and not the speech here, So we have it doesn't.
- 3:54Speaker 2: It doesn't. The tief for it is a stop t.
- 3:57Speaker 2: We say it doesn't. Also, the t for doesn't also
- 4:00Speaker 2: kind of disappears and then make makeuh. The uh is
- 4:05Speaker 2: a schwas sound? Uh? The t for a lot is
- 4:09Speaker 2: a flap tea better, which then joins with the preposition of.
- 4:14Speaker 2: But again the proposition of is reduced to another schwas sound.
- 4:17Speaker 2: So we don't say of, we say uh. So putting
- 4:20Speaker 2: it together, it doesn't make a lot of sense.
- 4:23Speaker 1: Which I think don't doesn't make a lot a lot
- 4:25Speaker 1: of sense, which I think doesn't doesn't make a lot
- 4:29Speaker 1: a lot of sense. You see, like, how do how
- 4:37Speaker 1: does this wealth arise?
- 4:39Speaker 2: It's to arise means to come into existence or to appear.
- 4:43Speaker 2: Here's an example. It's essential to be prepared for any
- 4:46Speaker 2: challenges that may arise in the course of this project.
- 4:50Speaker 2: Don't forget the conjugation of this verb. We have arise,
- 4:54Speaker 2: the base form arose, the simple past form, and a
- 4:58Speaker 2: reason the past participate.
- 5:00Speaker 1: If you organize people in a better way to produce
- 5:05Speaker 1: products and services that are better than what existed before,
- 5:09Speaker 1: and you have some ownership in that company.
- 5:13Speaker 2: When you have ownership of something, you own it it's yours.
- 5:17Speaker 2: It belongs to you. In the clip, Mosk is talking
- 5:20Speaker 2: about when you have shares of companies or stocks, you
- 5:24Speaker 2: have parts of companies, they belong to you. Here's an example,
- 5:27Speaker 2: I want ninety percent ownership.
- 5:32Speaker 4: Are you on your mind? No, I'm not.
- 5:33Speaker 1: Then that that essentially gives you the right to allocate
- 5:37Speaker 1: more capital.
- 5:39Speaker 2: Capital means money. It's a common word when talking about
- 5:42Speaker 2: business finance and investing. To allocate capital means to set
- 5:47Speaker 2: aside or reserve capital for a specific purpose. For example,
- 5:51Speaker 2: I always allocate ten percent of my monthly income for savings.
- 5:56Speaker 1: So it's there's a conflation of consumption and capital allocation.
- 6:02Speaker 2: When you conflate two things, you believe they are the
- 6:05Speaker 2: same by putting them in the same category. But the
- 6:08Speaker 2: problem with doing this is that you end up creating confusion.
- 6:12Speaker 2: Consumption is the noun for consume. Musk is saying that
- 6:15Speaker 2: people usually confuse consumption and capital allocation in that if
- 6:20Speaker 2: you're making an acquisition like buying a private property, for example,
- 6:24Speaker 2: you're not necessarily buying it for yourself to consume it.
- 6:27Speaker 2: You may simply be allocated in capital transforming your money
- 6:31Speaker 2: into a physical property, and that could potentially generate more
- 6:34Speaker 2: money in the future through rent. For example, I'm sure
- 6:38Speaker 2: you've been learning many nice words and expressions today, huh,
- 6:41Speaker 2: But let me tell you that if you don't review
- 6:43Speaker 2: this vocabulary, you will likely forget it very very soon
- 6:48Speaker 2: if you want to be able to actually use these
- 6:50Speaker 2: words you're learning today, next time you get into an
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- 6:59Speaker 2: is to series flash cards on the Real Life English App.
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- 8:38Speaker 1: Let me say Warren Buffett for example, and totally frank,
- 8:41Speaker 1: I'm not his biggest fan, but he does like capital
- 8:44Speaker 1: allocation and he reads a lot of sort of annual
- 8:48Speaker 1: reports of companies and all accounting and it's pretty boring, really,
- 8:53Speaker 1: and he's trying to figure out is he does coke
- 8:56Speaker 1: or pepsy deserve more capital. I mean, it's kind of
- 8:59Speaker 1: a boring job. If you ask me, But you know,
- 9:03Speaker 1: it's still a thing that's important to figure out, like
- 9:05Speaker 1: which is a company deserving a more or less capital?
- 9:08Speaker 1: Should that company grow or expand is it making products
- 9:11Speaker 1: and services that are better than others or worse? And
- 9:15Speaker 1: you know, if if a company is making compelling products
- 9:18Speaker 1: and services, it should get more capital. And if it's
- 9:20Speaker 1: not a shock it less, we'll go out of business.
- 9:23Speaker 3: Well, there's a big difference too, between someone who's making
- 9:27Speaker 3: an incredible amount of money designing and engineering fantastic products
- 9:32Speaker 3: versus someone who's making an incredible amount of money by
- 9:36Speaker 3: investing in companies or moving money around the stock market
- 9:39Speaker 3: or doing things along those lines. It's a different thing.
- 9:42Speaker 3: And to put them all in the same category seems
- 9:45Speaker 3: it's very simple. And as you pointed out, it's an
- 9:48Speaker 3: attack vector.
- 9:49Speaker 1: Yeah, for sure. Let me say Warren Buffett for example.
- 9:56Speaker 2: Warren Buffett is an American big on their investor. He
- 10:00Speaker 2: is perhaps one of the most influential and famous investors
- 10:04Speaker 2: of all time, and he has made most of his
- 10:07Speaker 2: fortune by allocating capital or investing in companies in stocks
- 10:12Speaker 2: or shares.
- 10:13Speaker 1: And tree totally, Frank, I'm not his biggest fan, but.
- 10:16Speaker 2: When you are frank, you speak with honesty. Here's an example.
- 10:20Speaker 5: I can't remember the last time that he invited me
- 10:23Speaker 5: to a house for a cup of coffee, even though
- 10:27Speaker 5: my wife was godmother the roly child. But let's speak
- 10:31Speaker 5: Frank and number one of my friendship.
- 10:35Speaker 1: And treat totally frank. I'm not his biggest fan.
- 10:36Speaker 2: But this is a nice colloquial phrase. I'm not his
- 10:40Speaker 2: biggest fan. He's the same as I don't like him
- 10:43Speaker 2: very much. So Elon is saying that he doesn't like
- 10:46Speaker 2: Warren Buffett very much. He's not his biggest fan. You
- 10:49Speaker 2: can also say I'm not a big fan of someone
- 10:53Speaker 2: or something. For example, I'm not a big fan of musicals.
- 10:57Speaker 2: In other words, I don't like musicals very much.
- 11:00Speaker 1: Then only accounting, and it's pretty boring really.
- 11:04Speaker 2: All right, we have the word accounting here. Notice that
- 11:07Speaker 2: we have the ant combination there Usually, especially in American English,
- 11:11Speaker 2: that tea goes away, so we pronounce the n instead.
- 11:15Speaker 2: So instead of accounting we hear accounting the first a.
- 11:20Speaker 2: There is a schwass sound, by the way, uh on.
- 11:24Speaker 1: Accounting and it's the only accounting and it's I mean,
- 11:35Speaker 1: it's kind of a boring job if you ask me.
- 11:37Speaker 2: This is a great colloquial way to give her opinion.
- 11:40Speaker 2: First you make her statement, then you say, if you
- 11:43Speaker 2: ask me, for example, this movie is pretty boring if
- 11:47Speaker 2: you ask me. In other words, this movie is pretty
- 11:50Speaker 2: boring in my opinion. Here's another example.
- 11:53Speaker 1: I understand, but what kind of best man would it
- 11:55Speaker 1: be if I didn't offer for you to have it?
- 11:56Speaker 5: Here?
- 11:57Speaker 1: Pretty shitty one if you ask me. You know, it's
- 12:00Speaker 1: still a thing that's important to figure out, like which
- 12:03Speaker 1: is a company deserving of more or less capital.
- 12:05Speaker 2: When you are deserving of something, you deserve it. You've
- 12:08Speaker 2: earned the right to have that. For example, since you
- 12:12Speaker 2: got good grades, you are deserving of some ice cream.
- 12:16Speaker 2: In other words, you deserve some ice cream. Notice that
- 12:20Speaker 2: to be deserving of I'm using deserve here as an adjective.
- 12:25Speaker 2: You are deserving of something. Now, the verb itself is
- 12:29Speaker 2: to deserve, So you can say I deserve this, or
- 12:33Speaker 2: you can say I am deserving of this.
- 12:37Speaker 1: If if a company is making compelling products and services,
- 12:39Speaker 1: it should get more capital.
- 12:41Speaker 2: And if a product or service is compelling, it's fascinating
- 12:45Speaker 2: and it gets people interested in it. Another example could
- 12:48Speaker 2: be a compelling argument. If an argument is compelling, it
- 12:52Speaker 2: is persuasive and effective.
- 12:57Speaker 1: You make a compelling argument, is that a yes?
- 13:03Speaker 4: Yes?
- 13:05Speaker 1: If it's not a chicken less, well got a business.
- 13:07Speaker 2: If a company goes out of business, it closes or
- 13:10Speaker 2: ceases to exist. Here's an example from the office.
- 13:14Speaker 4: And I can't help but look at all of your wonderful,
- 13:16Speaker 4: beautiful faces and think, how could they do this to us?
- 13:19Speaker 1: What?
- 13:21Speaker 2: Nothing? Going out of business? What you are kidding me?
- 13:29Speaker 3: Well, there's a big difference to between someone who's making
- 13:33Speaker 3: an incredible amount of money.
- 13:35Speaker 2: First of all, we say ning and incredible. So the
- 13:39Speaker 2: D for an is joined with the I for incredible,
- 13:43Speaker 2: and then the tea for amount. Remember the ant combination.
- 13:47Speaker 2: There the te goes away. I pronounced the end instead.
- 13:51Speaker 2: And then remember the of preposition. Can garbduced to a
- 13:54Speaker 2: schwas sound? So a mauna a mauna. Putting it all together,
- 14:00Speaker 2: an incredible amount of money, an incredible amount of money.
- 14:05Speaker 3: An incredible amount of money, an incredible amount of money
- 14:16Speaker 3: versus someone who's making an incredible amount of money by
- 14:20Speaker 3: investing in companies or moving money around in the stock marketer,
- 14:23Speaker 3: doing things along those lines.
- 14:25Speaker 2: When you move money around, you allocate money from one
- 14:28Speaker 2: place to another, liking investing something else. The stock market
- 14:32Speaker 2: is the place where you can negotiate buy and sell
- 14:35Speaker 2: shares or stots of companies. Nowadays, most of these negotiations
- 14:40Speaker 2: happen online.
- 14:41Speaker 3: Versus someone who's making an incredible amount of money by
- 14:45Speaker 3: investing in companies or moving money around the stock marketer
- 14:48Speaker 3: doing things along those lines.
- 14:50Speaker 2: Along those lines means things of that nature, things like that.
- 14:55Speaker 2: For example, I love movies that deal with topics like honor, courage,
- 15:00Speaker 2: and things along those lines. In other words, and things
- 15:03Speaker 2: like that.
- 15:04Speaker 3: It's a different thing, and to put them all in
- 15:06Speaker 3: the same category seems it's very simple. And as you
- 15:11Speaker 3: point it out, it's an attack vector.
- 15:12Speaker 1: Yeah, for sure.
- 15:13Speaker 2: If you point something out in a conversation, you mention
- 15:16Speaker 2: it or bring it to the discussion.
- 15:19Speaker 4: And for the cost of one weather station, China gets
- 15:22Speaker 4: complete access to our satellite communications and quite possibly shares
- 15:25Speaker 4: them with our adversaries on the Arctic Council, who, as
- 15:29Speaker 4: you pointed out, didn't exactly protest this thing in the
- 15:31Speaker 4: first place.
- 15:33Speaker 2: All right, great job. Now it's time for you to
- 15:36Speaker 2: watch the clips again, this time without subtitles. To test
- 15:39Speaker 2: your listening skills. Let's see how much you can understand.
- 15:42Speaker 2: And also I'll be asking you a few questions to
- 15:44Speaker 2: see if you remember some of the cool things we
- 15:47Speaker 2: learned today. All right, let's get started.
- 15:53Speaker 3: But do you feel like people define you by the
- 15:57Speaker 3: fact that you're wealthy, and that they define you in
- 16:00Speaker 3: a pejorative way?
- 16:02Speaker 2: What is a synonym for a pejorative? Compulsory, derogatory, explanatory?
- 16:15Speaker 1: For sure? I mean not everyone, but you know there's
- 16:17Speaker 1: a for sure in recent like your years, billionaire has
- 16:22Speaker 1: become a perjority. Like it's in a pejorative like it's
- 16:25Speaker 1: like that's a bad thing, which I mean, I think
- 16:28Speaker 1: doesn't make a lot a lot of sense in most cases. So, like,
- 16:31Speaker 1: how do how does this wealth arise? It's if you
- 16:34Speaker 1: organize people in a in a better way to produce
- 16:39Speaker 1: products and services that are better than what existed before,
- 16:43Speaker 1: and you have some ownership in that company, then that
- 16:47Speaker 1: that essentially gives you the right to allocate more capital.
- 16:52Speaker 1: So it's there's a conflation of consumption and capital allocation.
- 16:57Speaker 1: Let me say Warren Buffett for example, and totally frank,
- 17:00Speaker 1: I'm not his biggest fan, but he does like capital allocation,
- 17:05Speaker 1: and he reads a lot of a lot of sort
- 17:07Speaker 1: of annual reports of companies and we'll accounting, and it's
- 17:10Speaker 1: pretty boring, really, and he's trying to figure out is
- 17:14Speaker 1: he does coke or pepsy deserve more capital. I mean,
- 17:18Speaker 1: he's kind of a boring job if you ask me.
- 17:20Speaker 1: But you know, it's still a thing that's important to
- 17:24Speaker 1: figure out, like which is a company deserving a more
- 17:27Speaker 1: or less capital? Should that company grow or expand? Is
- 17:30Speaker 1: it making products and services that are better than others
- 17:33Speaker 1: or worse? And you know, should you know, if if
- 17:38Speaker 1: a company is making compelling products and services, it should
- 17:40Speaker 1: get more capital.
- 17:41Speaker 2: And something compelling is fascinating, attention grabbing, persuasive. What is
- 17:55Speaker 2: another way to say that a company closes or stops working,
- 17:59Speaker 2: going to debt, go out of market, go out of business.
- 18:08Speaker 1: If it's not a ticket less we'll go out of business.
- 18:11Speaker 3: Well, there's a big difference too, between someone who's making
- 18:15Speaker 3: an incredible amount of money designing and engineering fantastic products
- 18:20Speaker 3: versus someone who's making an incredible amount of money by
- 18:24Speaker 3: investing in companies or moving money around in the stock
- 18:27Speaker 3: market or doing things along those lines. It's a different thing,
- 18:31Speaker 3: and to put them all in the same category. It
- 18:33Speaker 3: seems it's very simple, and as you pointed out, it's
- 18:37Speaker 3: an attack vector.
- 18:38Speaker 1: Yeah for sure.
- 18:39Speaker 2: All right, and now it's time for the comment of
- 18:42Speaker 2: the day, and the comment of the day I have
- 18:43Speaker 2: it right here. It comes from the lesson Learned English
- 18:46Speaker 2: with Shrek that Ethan did recently, and the comment goes,
- 18:50Speaker 2: this lasson was amazing. I enjoy watching your videos. They're
- 18:54Speaker 2: really fun. Your explanations are awesome and understandable. May I
- 18:58Speaker 2: request a lesson with the Netflick series, Carmen san Diego.
- 19:02Speaker 2: I love watching the series, but I've been struggling to
- 19:05Speaker 2: understand a couple of sentences, sometimes a whole episode. The
- 19:08Speaker 2: vocabulary using the series is advanced and often casual too,
- 19:13Speaker 2: so it is pat with a variety of vocabulary and concepts.
- 19:16Speaker 2: I love to get a better understanding of this through
- 19:19Speaker 2: your explanations. So this comment comes from Bessa one thirty one.
- 19:23Speaker 2: Thank you so much for the wonderful comment and also
- 19:26Speaker 2: the suggestion. We would definitely take it into consideration. And
- 19:29Speaker 2: now I have a question for you guys out there,
- 19:32Speaker 2: which podcasts or interviews should we create a lesson? One?
- 19:36Speaker 2: Next lead a suggestion hearing the comment section below of
- 19:39Speaker 2: a nice podcast or interview that you want us to
- 19:42Speaker 2: create a lesson like this in the future. Okay, I'm
- 19:44Speaker 2: looking forward to seeing your suggestions. Guys, great job, you've
- 19:49Speaker 2: made it until the end of the lesson. You rock.
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- 20:05Speaker 2: your information. There's a lot more to olgers than people think.
- 20:09Speaker 3: Example example, okay, Olgers are like onions.
- 20:17Speaker 1: They steak yes, no oh, they make you cry. No oh.
- 20:20Speaker 2: You leave them out in the sun, they get all brown,
- 20:22Speaker 2: start spratting little white hairs. No layers. Onions have layers.
- 20:28Speaker 2: Ougers have layers. Onions have layers. You get it. We
- 20:32Speaker 2: both have layers.