Latest / The Curve / The Woman Out-Philanthropying the Billionaires.

Transcript

The Woman Out-Philanthropying the Billionaires. · The Curve

0:00
Vic, do you know what happened on the way here?
0:03
Oh no.
0:03
No, I know.
0:05
I was pulling out of...
0:08
I'm like, well, you don't have any grazers.
0:10
You haven't got coffee down you.
0:12
What has happened?
0:13
So I pulled out of the driveway.
0:15
Oh no, you crashed a car.
0:16
No, I wasn't going very fast.
0:18
But all of a sudden, this little gorgeous boy runs in front of the car at the end of the driveway.
0:24
And I slammed my brakes on.
0:25
Thank God.
0:26
But it gave me such a fright.
0:28
And I was like, holy shit, holy shit, holy shit.
0:30
Like, oh, my God.
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Because you don't drive cars in London.
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You kind of forget what it's like.
0:36
Forget there's children around.
0:37
No, anyway, I was like, was this my fault?
0:39
Like, I don't know.
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Anyway, this woman was like, I, like, put the window down.
0:41
I was like, I'm so sorry.
0:43
Like, she was like, no, no, it wasn't your fault.
0:44
Like, I was holding his hand and he ran ahead, like, and she was like, by the way, I recognize you.
0:50
I was like, no.
0:52
Imagine if you'd squish.
0:53
I know.
0:54
I was like, holy shit, not what I want to get recognized doing,
0:57
like nearly hitting your child with my car, like shit.
1:01
Oh, gosh.
1:01
It was so – you know, that jolt of anxiety where it goes through your whole body.
1:06
I was like, oh, my God.
1:08
It happened to me when I was biking.
1:10
I remember being out on a bike ride with a nanny, and I was like quite little,
1:15
and we were honing down the street, and then a car pulled out of the driveway,
1:18
and I went straight into the back of – into the side of the car.
1:21
and I remember it so vividly, like it came out of nowhere.
1:25
Imagine the nanny.
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Oh my God, she was distraught.
1:27
She went psycho.
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I just remember being quite embarrassed that she'd gone so psycho.
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But then now on reflection, like going for a walk with my niece and nephew
1:36
and they hoon off ahead, I would be flying off the handle too.
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I see people doing this with dogs where dogs are off the lead
1:42
and they're walking ahead.
1:44
And I feel like that's –
1:45
Just come out of the driveway slowly.
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Yeah, I mean I wasn't going that fast.
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It just took me so by surprise.
1:50
yeah anyway in other news I would like to tell you that I have spent my emergency fund on getting my
1:56
phone fixed nice yes love that yep it was 300 pounds which I thought actually 600 New Zealand
2:04
not that bad I mean it's a lot of money but yeah why are you looking like that maybe that's the
2:11
price of getting phones fixed now I don't I feel like that's a lot but when I paid for it it was
2:17
originally 550 and then he added on oh that's right i got a case to avoid that happening again
2:24
that other thing it's like when you're in a taxi from the airport and you're watching the meter go
2:29
oh and then you get to your destination that's like jumps an extra like 20 dollars and you're
2:34
like sorry what and they're like oh we've got the airport fees and you're just like oh
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yeah can you not i will say i find that anxiety inducing i would rather know the price when i
2:43
ordered the uber you know if you're like here's it's gonna be six pounds or yeah ten dollars or
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whatever oh sorry side note spending money on ubers in new zealand has been like spending pesos
2:56
i mean it's like a ten dollar new zealand uber from one side of auckland to the other
3:02
five pounds thank you so much imagine uber eats i am in heaven i may have been shopping
3:08
dinner yep I've been shopping have you got a new ring oh yes my grandma no way did she give you
3:15
that oh that's gorgeous she left it for you yeah oh Vic that's really special well mum gave it to
3:21
me just this morning it's beautiful yeah very lucky oh that's gorgeous so I'm like why is my
3:26
sister not getting it oh did she get anything we just want to favorite grandchild did she listen
3:31
to the podcast she won't listen to this one and if she does sorry but I'm the favorite grandchild
3:36
I'm definitely not.
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I've realized my grandma thinks I'm on drugs.
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I think because the idea of starting a business is so foreign to her.
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You know, my brother and sister are a pilot, a lawyer, the really classic,
3:48
I'm the grandchild that's gone off the rails.
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But my parents were like that when I told them I was starting the curve.
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You know, they're like, why are you leaving a stable job?
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You know, it's just, and then if you think that multiplied by another generation,
4:01
what do you think our kids will do?
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And we'll be like, oh, dear gosh, no, don't do that.
4:05
I can't imagine so this is I've actually thought about this recently do you think that our kids
4:09
will think we're cool or do they just is it kind of part and parcel of being a parent that
4:14
oh there's always the phase of being uncool because I look at my friends who are so cool
4:19
who have kids and I think how could their kids ever not think they're cool must be so sad for
4:23
a parent when your kids don't want to hang out with you or like don't want anything to do with
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you I want to tell my mom to like walk behind me or drop me around the corner when did you
4:31
You surely haven't done that in the last 20 years.
4:33
No, but it's more like when you're a teenager and you're like,
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I don't want anything to do with you.
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How heartbreaking.
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I think you would just have to laugh about it with your partner.
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You'd have to be like, oh, we're so uncool.
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I think it's funny if you can laugh about it.
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I think if you're –
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I'd lean into it and really embarrass them.
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Yeah, you so would.
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Oh, my God, you would.
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Wear the most outrageous outfits and yell like, I love you.
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It'd be quite fun.
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I think yeah you probably just have to lean in
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to knowing it's going to happen anyway so you may as well
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like double down.
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Because if you try and be the cool mom
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like on Mean Girls I'm a cool mom
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it's like no no no no no
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no no no no.
5:10
Anyway we have
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some pretty exciting news
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it was really cute I came over here early
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because mum and dad wanted to have breakfast with me
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and they're like so what are you talking about in the podcast
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today?
5:20
So I've already done a bit of a
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spiel.
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Oh I love it.
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Yeah I've already done like a training run
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Great.
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What did they think?
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They thought it was
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uh yeah they had some some suggestions we'll leave out and some suggestions we'll leave in
5:34
but the trump tariffs that were put in place in april last year it has now been found out
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the supreme court in america has decided they were illegal so sorry it was an abuse of power
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and he was not allowed to impose them in the earth this is k before we move on this is
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huge and this is so huge because i think my biggest fear about what we've been seeing happen
6:00
in america is the idea that it's slowly winding towards all these things slipping that five years
6:08
ago would have stopped anyone in their tracks it's sort of become people are normalizing and
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he's getting away with it it's like handmaid's tale it's so scary yeah uh so to hear that he's
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been pulled up on something is such a relief but also an absolute shit show now because
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companies are asking for refunds if it's illegal okay you need to refund us for what for for
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basically the price that those tariffs cost them so moving production houses perhaps um how much
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they had to pay to get products into the us all those things yeah it's because it's effectively
6:44
a tax right on importing anything so if you were importing a t-shirt for ten dollars and the tariff
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you know might have previously been two dollars and then now it is eight dollars it's that amount
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of money that you then have to pass on the consumer onto the consumer which is where i get
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a bit funny because all these companies that are asking for refunds it's like no no no no no we paid
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for that they just passed on the higher prices and yes that led to lower sales like in terms of
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number of sales because people couldn't pay the high prices but on things you have to consume or
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things that are like staples we end up paying that that is such a good point our refund excuse me i
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would like a refund yeah so this is the whole drama that's going on now is yes the companies
7:32
are applying for these refunds 150 billion dollars is what the tariffs cost that will not be issued
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in refunds you know like it is there'll be a portion of that but the process to apply and all
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of that and prove that it was impactful in your business FedEx is the first like well-known company
7:49
that is I guess made an application to get a refund and if you think about it it's it's the
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most classic business to ask for a refund they're moving goods all around the world like yeah do you
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think this is similar to that ridiculous fine that they put on Google which was oh you know
8:07
It was Russia putting it on, it was like a gazillion.
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It was ridiculous, which this is actually the most fun fact you've ever brought to the table, that Google is a number.
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It's like, it's basically infinity.
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And that's essentially what they find Google kind of is like an FU.
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But do you think it will be similar to that where it's kind of so ridiculous and so hard to implement that people won't actually get refunds from this?
8:31
I think that apply.
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it's more how they set up the process and if it is streamlined and quick enough to actually
8:38
give these companies back the money they deserve but i'm just more of the camp like the damage has
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been done you know it's the damage to the stock market and people's wealth you know yes it's
8:50
rebounded but the volatility created in the stock market the impact that you're right these
8:56
businesses had to incur in terms of moving supply chain hiring firing people changing manufacturing
9:03
facilities like I know the emotional toll you could put like a financial amount on I mean I
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can't even imagine if you were a goods company and that happened it would be it would have been
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the most stressful year of business also what about the people that just don't purchase like
9:20
my one of my favorite clothing brands now charges more in taxes and tariffs than the items of
9:27
clothing and and that for me how do you quantify the fact that i could have made maybe five
9:32
purchases in the last year and i haven't how do you quantify that you know you decide not to because
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you see the taxes and it's almost more than or the same price as the product so like this is what i
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mean the damage is done and also there's there's this there's this whole amount that is unquantifiable
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of people that are like okay no those prices are way too high now I'm not going to purchase
9:54
it's so interesting you bring that up because I hadn't bought anything from this brand before I
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wanted to for ages love this stuff too and went to buy something and was it was it was honestly
10:05
half half price of the item was the tax and because you when you go to your cart you can
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see it just like when you can see shipping yeah yeah I couldn't hit buy I just could not
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fathom the idea that that amount was on taxes and so yeah it's really interesting because i think
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there's some products that could probably hide like they make the entire product more expensive
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and it's sort of hidden in the total amount you pay but i think when it's so clearly
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but what's yeah is it better to be clear and transparent or like if the top was increased by
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a hundred dollars instead of it outlining shipping and taxes i would probably purchase it
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I know
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so I think
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from their perspective
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but also
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I guess people in the US
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wouldn't have to pay that
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so it's kind of
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that's probably why
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they split it out
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it's people outside
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I actually even looked at
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when my sister was in
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the US
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to see the stuff
11:01
oh my god
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I didn't think
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I could do that too
11:03
there's actually
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YouShop
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if you're in New Zealand
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that's so clever
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why didn't I think of that
11:07
yeah
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there's probably equivalents
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to
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yeah that YouShop
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is like
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New Zealand Post
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there's probably equivalents
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in the UK
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where they have addresses in different countries.
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So you send it there.
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You still have to pay tax, but you can send it there
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and they'll send it for you.
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Oh my God, that's genius.
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That's really quite good.
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But there's a bit of a caveat.
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And some people may have seen that Trump has actually announced
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a 15% global tariff on the back of all of this stuff going on.
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Kind of ridiculous that he has the balls to do that, given this.
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Yeah, so the tariffs that were deemed illegal
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was kind of those retaliation tariffs where it was like,
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okay, I'm going to add 100% or like some of them were like 120%.
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It was outrageous.
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It was this time last year, wasn't it?
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Yeah, it was in April last year.
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But there's been a caveat that's kind of been carved out.
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He can increase tariffs by 15% for 150 days
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and that's the max he's allowed to do.
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So he's gone and increased tariffs by 15%
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and the UK is actually going to be one of the biggest losers
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in this new tariff round.
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They were only in line to do 10%.
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And now it's like 15% global tariffs every year.
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Which sucks because the UK, when that was happening,
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I did think maybe this is when.
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This is the time to shine.
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Yeah, because the UK have had such a hard time.
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You know, like the pound has been weak.
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The stock market's been not doing well.
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I thought maybe this was a chance for the UK to sort of rebound.
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That's a shame.
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Stock market has actually done very well.
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Has it?
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The last year, yeah.
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In the UK?
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Really?
12:40
Oh.
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but it's just it's just like leave tariffs why is he doing it i don't because it's a power trip
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and it's trying to the whole thing of make america great again and so the whole point oh that's right
12:54
it was the idea that he wanted everyone to buy and sell u.s products he wants to keep business
12:58
within the u.s and so if people are importing international goods if iphones are going to be
13:05
if it's cheaper to make an iPhone in America than outside of America,
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then we'll create more jobs and that side.
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Yeah.
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I mean,
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he's done well in terms of getting people across the line.
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What do you mean?
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In terms of,
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we want to create more jobs for Americans,
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you know,
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that does lean into a lot of middle America voting for him and supporting
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him.
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You know,
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if you've lost your job because a manufacturing facility has gone to
13:29
China,
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you know,
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you do have a bit of beer in your bonnet,
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which is fair enough.
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Like there's a whole towns in America.
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in certain American towns that are dedicated to certain products.
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And if that leaves and goes to China, there's like thousands of jobs that are not there.
13:43
Can we just for a second talk about the stat that you've put in your research?
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If refunds were split evenly across households for reimbursing the individual from a tariff perspective,
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it would be roughly 500 to 600 US dollars per household.
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How much is that in total?
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That's enormous.
14:00
Well, the tariffs that they collected were around 150 billion dollars.
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and then also there's like the longer term impacts right like what the heck you can't
14:08
quantify those if we were talking about before but again like is this going to actually happen
14:12
probably not imagine everyone applying for 500 600 a household i imagine it'll be an administrative
14:22
shit show and proving proving that you were impacted proving that you i don't know how to
14:27
do it like your grocery list has gone up by not groceries it's probably a bad example but like
14:32
So what you're saying is it's a good signaling that he's getting a slap on the wrist in the sense that he can't just do whatever he wants and assume that it's going to be fine because there's genuine repercussions here.
14:42
Yeah.
14:43
But the reality of refunds coming through is probably lower.
14:47
Yeah.
14:48
And they have given him a bit of leeway saying you can increase tariffs by 15% for 150 days.
14:56
You cannot go and slap a country with 100% tariff.
15:00
Like that is barbaric.
15:01
barbaric and so anything higher than that needs to go through congress so there's just a bigger
15:05
process you can't just say okay on the first of april we're gonna slap 100 tariff on it's not
15:11
fair for businesses not fair for consumers it's not fair for the us in general that's such a relief
15:17
yeah so i think it is quite good it's a bit of a knock down knock down a peg you know yeah it just
15:22
feels like he's been doing this that and and and there's been no like public pull up in terms of
15:29
what he can and can't do.
15:31
And I feel like even if this money doesn't come back into the economy
15:36
or into the hands of consumers or businesses,
15:39
hopefully it means that he'll be less radical about the things
15:43
that he tries to change, maybe.
15:46
So at this point, we're not getting into America ever.
15:49
Why?
15:50
The amount that we've spoken about Trump.
15:52
So we may as well just double down.
15:53
Have you seen the US hockey saga?
15:58
No.
15:59
So the men's US hockey team won gold at the Winter Olympics.
16:07
And there is this clip that's gone viral where Trump calls them personally to congratulate them.
16:13
They're all celebrating in the locker room.
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And he goes, I'm going to invite you all to the White House and we're going to celebrate.
16:20
This is great for the country.
16:21
Congratulations.
16:23
Can we play the clip?
16:24
Yeah.
16:26
Unbelievable.
16:27
And you were all unbelievable.
16:29
We're giving the State of the Union speech on Tuesday night.
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I could send a military plan or something.
16:35
But if you would like to, it's the coolest night.
16:39
It's the biggest.
16:40
We're in.
16:41
We're in.
16:44
Can you pick us up in Miami on Tuesday morning?
16:47
Yeah, Tuesday morning.
16:48
And we'll do the White House the next day.
16:50
We'll just have some fun.
16:51
We have medals for you guys.
16:52
And we have to, I must tell you, we're going to have to break the woman's team.
16:56
You do know that.
16:57
Absolutely.
17:00
I do believe I probably would be impeached, okay?
17:08
He goes, I'd get impeached if I didn't invite the women's team too.
17:11
Despite the women's U.S. hockey team winning gold weeks earlier.
17:18
So that actually already won gold.
17:21
Sorry.
17:21
It has gone crazy.
17:23
And there's like people in the U.S. women's hockey team that are like,
17:27
I feel disgusting that I played for my country.
17:31
You know, like I absolutely hate my country.
17:33
Like it's really sad.
17:34
That's absolutely fucked.
17:36
The worst thing is all the men in that room were going, yeah.
17:41
Like just like no, not one of them was like, whoa, whoa, whoa.
17:45
Like that's, they actually won gold.
17:47
We should all be, you know, like it was just like a running joke.
17:50
God, how embarrassing.
17:51
It's just, it's really sad for the US women's hockey team
17:54
because they did this incredible thing for their country
17:58
and a huge achievement,
18:00
and it's been shat on and overshadowed.
18:04
And I think they obviously should both be celebrated,
18:06
like the men's team and the women's team.
18:07
But also just like the public and most obvious overt misogyny.
18:11
I don't understand how there's Americans,
18:13
or really anyone, that can be married, have daughters,
18:18
and look at what Trump represents and still support him.
18:22
I know.
18:22
I just don't understand how the logic,
18:24
in your head of like the idea of women being second-class citizens.
18:27
I would love,
18:29
I would love to talk to a woman who has voted for Trump.
18:33
Like I just,
18:34
I'm just.
18:34
Is anyone in our audience?
18:35
Honestly,
18:36
like I genuinely would love to,
18:38
and I won't be rude or come at you.
18:40
I actually want to listen.
18:41
We can make you anonymous.
18:42
We can voice to you guys.
18:44
Cause I actually do want to understand it.
18:46
Cause I think that it's important if you're going to have an opinion on
18:49
something to have heard everyone's point of view.
18:51
And I don't,
18:52
I would love to honestly understand or at least listen because actually there was someone that commented on one of our social posts.
19:00
I should message her.
19:01
And she basically was saying, I'm going to stop listening to The Curve because we spoke about ice.
19:05
And it's just saying like the way that they're approaching it is like barbaric.
19:09
But she commented basically in support of what was happening.
19:14
And I just thought, wow, that's wow.
19:16
I mean, we're always trying to learn ourselves, right?
19:18
And hear different viewpoints.
19:20
and yeah I think I would love to hear different political views different political supporters
19:29
yeah because I do think you're a product of your surrounding as well right and your upbringing and
19:34
so this is to a degree what we've been fed do you know what I mean it's like you kind of yes and no
19:41
I actually have a very different political stance to my parents but I mean this Trump stuff like
19:45
this is kind of what we've what we've been fed through the news that I've been reading right
19:49
To say that that's true is not fair because it's fake.
19:53
I mean, I think that's where just the mistrust or disconnection from a lot of people when it comes to news is really dangerous because I completely agree.
20:02
I think there's a danger in not considering where your news comes from or like what is reported versus what's not.
20:08
And I think that's why I love like honestly hearing you talk about just the last two stories.
20:13
I'm so grateful that you read so many different publications and read between the lines.
20:19
because it then feels like, I mean, I know it doesn't sound biased.
20:23
I mean, sorry, unbiased because we're sort of shitting
20:26
all over the Trump clip.
20:28
But generally, from a political standpoint,
20:30
you report things in a way that is not actually based
20:34
on what you believe and it's kind of a holistic view.
20:35
And I think it's so important with the amount of muddle
20:39
or kind of overwhelm people get to find a place that you trust
20:43
to learn about the news.
20:44
The Curve Weekly.
20:45
Yeah, honestly, if you've got friends who don't listen
20:48
to the news or engage with it, send them this and just be like, just try it.
20:52
Yeah.
20:52
Because I genuinely didn't think I gave a flying fuck about the news.
20:56
What's going on.
20:57
Yeah.
20:58
I mean, I still find it hard to digest it outside of this conversation.
21:03
But interesting on that point with the US women's hockey team, the majority of medals
21:08
that were actually won for the US at the Winter Olympics were by women.
21:12
No way.
21:13
Wow.
21:14
Yeah.
21:15
So anyway, yeah, I kind of, yeah.
21:17
Our hearts go out to them that their gold medal is being overshadowed.
21:22
So.
21:23
Oh, God.
21:24
This is like a running segment in the Curve Weekly now.
21:28
The Netflix Warner Brothers Paramount deal.
21:30
So there has been an update.
21:32
Paramount.
21:33
So quick summary, if you've just tuned in.
21:38
Netflix made a bid to buy Warner Brothers.
21:41
It was pretty much a done deal.
21:43
Warner Brothers was like, yep, cool, we support this deal.
21:45
and then Paramount came out left field and was like, hang on a second, you've got to consider us,
21:50
we want to be in the mix.
21:51
And Warner Brothers kept being like, piss off, no, we don't want to
21:54
combine with you, we don't want to merge with you, we want Netflix.
21:58
Now Paramount has sweetened their
22:00
deal more and more and more, to the point that Warner Brothers kind of, for the benefit of
22:04
shareholders, has to consider it.
22:06
So they have increased their bid now to $31.
22:08
It was $30,
22:10
now it's $31.
22:11
So this is a good thing to remember when takeovers are announced or, you know, first,
22:17
when a company first reaches out to take over a business, they never give their best price.
22:21
You're never coming in.
22:23
If you're willing to pay $35 a share, you never come out with that.
22:26
You
22:26
come out with 30, it's a bit of back and forth.
22:28
Then you kind of go to them.
22:30
Okay, cool.
22:31
We'll
22:31
give you an extra dollar.
22:33
Oh yeah.
22:33
It's a bit of give and take.
22:34
And so it's all negotiation.
22:35
I hate that, honestly, because I feel like when it comes to negotiating often, I think it's quite a feminine trait to be like, here, this is my, whereas there's so much sneaky shit that goes into it.
22:47
I don't know if it's masculine or feminine, but maybe because you've studied the stock market for so long, you know that this is something that constantly happens.
22:55
But I wouldn't.
22:56
Like the idea of people being like starting at 30, 30 a year, but actually knowing they could go to 40.
23:02
I guess it's like negotiating a salary, right?
23:05
If you say you wanted to get paid a hundred grand and someone, your new employer was like,
23:11
what do you want to get paid?
23:13
And you go, I want to get paid 120.
23:14
And they came back and they're
23:16
like, oh, we're actually thinking 80.
23:19
You're like, okay, cool.
23:19
I'm happy to land at 100.
23:21
And then you've got the price that you wanted.
23:23
Being a good negotiator is such a good skill.
23:27
You negotiate every multiple times through your day.
23:30
Like every single thing is a negotiation.
23:33
you know what time what time we're gonna have coffee what time is that meeting what you know
23:38
every little thing anyway i'm getting sidetracked but netflix's offer is 27.50 so it's quite a lot
23:44
lower yes but they're gonna divest part of the business so they're only buying part of the
23:49
business isn't that worse off anyway like isn't the best case scenario that they the whole thing's
23:55
bought um not necessarily if i was a warner brothers shareholder and there was kind of a
24:02
business that we didn't want that was dragging things down I'd be like yeah cool yay finally
24:07
someone's getting rid of it and now it can actually flourish and grow but there's kind of two yeah
24:13
quite different strategies here right like Netflix buying Warner Brothers merging it into Netflix
24:19
becoming bigger stronger more innovative and then you've got Paramount and Warner Brothers combining
24:26
combining both whole businesses yes they'll be bigger but they're quite archaic businesses
24:33
they're still I don't know it's it's going to be really interesting to see what plays out but
24:38
Netflix has four days now to make a counter offer so probably by the time this podcast comes out
24:43
they may have been close to making a counter offer and whether they step away and go actually
24:47
nah we're done 27.50 is our highest we can do what do you think's going to happen to the share prices
24:52
let's say that Netflix did that and they said do you know what if you we've been trying to be
24:56
negotiating well and it's actually just getting too much and go ahead buy it yeah go with Paramount
25:02
because the lawyers fees and everything that must be racking up like this has been going on for
25:06
months so on that if Netflix steps away given the share price is already down quite a lot yeah do
25:14
you think that shareholders would be supportive of Netflix stepping away from this deal or do you
25:18
think that they would be disappointed and i mean netflix shareholders not not warner brothers i
25:23
think considering the reaction of the share price so far they're not supportive of the deal they're
25:28
not supportive of the deal well i guess the risk profile for the business changes right because
25:33
they're using all the cash on the balance sheet to purchase this to purchase warner brothers so if
25:37
that goes away yes i assume the share price would probably go back up because you've still got that
25:43
cash you can make it but then now you've got this much bigger player that is much more competitive
25:48
so it could so it could be impactful but also what you don't want as a Netflix shareholder is for
25:54
them to just keep increasing their price because again it just keeps increasing the risk profile
25:59
of the business because they're going to have to go more and more and more into debt to pay for
26:02
the do you know what I mean so they've got a very thin line to walk could be so fun to be a part of
26:09
these negotiations oh gosh yeah imagine being in the room I think there would be so much psychology
26:15
in it.
26:15
Like, you would have professional
26:17
negotiators in there.
26:18
Almost like hostage
26:19
negotiators.
26:19
Oh my god, I honestly
26:21
want to learn about negotiation
26:23
more.
26:23
I think it's fascinating.
26:25
Anyway.
26:26
I wonder what the split is.
26:27
Like, the gender split on all of
26:29
these fronts.
26:30
You know, I'd love to know
26:31
how many people at Netflix.
26:32
Yeah.
26:33
God, it's fascinating.
26:33
There's probably a token woman in there.
26:35
Like, there usually is on the board.
26:36
You know?
26:37
The token female representative.
26:39
Sandra, what do you think?
26:40
Yeah.
26:41
Oh, no, no.
26:42
Okay.
26:42
Are you speaking on behalf
26:43
of the half of the population?
26:44
Okay, great.
26:45
yeah we're sounding so man-hating in this episode we are we love men we we do love men we were
26:50
created by men yeah half men half men yeah and woman i don't think that's a particularly good
26:57
my dad was just giving me a shit before and i was like well i'm half you so it's your fault you know
27:07
anyway we've got another another exciting acquisition possibly
27:13
rumour, it's a rumour, it's a rumour but rumours
27:14
don't start from nothing.
27:15
We love a rumour, I'll lean in.
27:16
It's like she slept with him, it's like well
27:19
Stunning.
27:19
She might not have but she definitely
27:20
pashed him because it doesn't start from nothing.
27:23
I love that you still say
27:24
pashed, same.
27:25
Pashed?
27:25
And I'm unsure if other
27:26
people do, I think the moment's gone.
27:28
Put down.
27:28
I think people say like the
27:31
Gen Z, the Gen Z's
27:33
The Gen Z's on the Facebook
27:34
So my stepsister is
27:36
24 and she says sussing
27:38
there was, you know, Sean was
27:40
sussing sally sussing like sussing her out sussing yeah it's kind of like flirting
27:45
i kind of like that they were sussing each other i'm like it's quite funny oh my god i don't know
27:51
what their kissing thing is though yeah i'll find out and come back to you so paypal paypal is
27:57
potentially gonna be taken over by stripe oh so stripe is a big kind of payment i hate stripe
28:03
they take so much for our payments i know they do like 30 of every course that we sell it's so
28:09
much i know i'm kind of like how expensive is your technology we put all this work into for example
28:16
our iou course and then they're off they go with 30 i know and then people someone asks for a refund
28:22
and then you got to give them back and you're like oh hold on stripe through stripe i'll give
28:27
you cash oh no but that is honestly so the best thing that you want in a business a customer
28:33
that's complaining about how how high or how much they charge but still uses the product and doesn't
28:38
leave that is the best position for a company to be in because even if stripe increased their fees
28:43
by another 10 we'd probably still use them do you know what i mean alternatives or is the whole
28:47
point here that stripe is kind of the only one to use yeah and it's of course if they get to a
28:52
certain point okay we're like okay now we need to use different payments provider but but hold on
28:55
paypal is a payment system so why would it be acquiring another payment system stripe is
29:01
acquiring PayPal.
29:03
Oh.
29:04
Yeah, yeah, yeah.
29:04
Yeah, but why?
29:06
To strengthen its position in digital payments to get access to their customers.
29:10
I hate PayPal as well.
29:11
Also, PayPal used to be – so in America, the banking system is quite different to other
29:18
places in the world in that you don't have a US bank that's controlled nationally.
29:23
It's all by state.
29:24
So transferring money or connecting or anything like that was so incredibly difficult.
29:31
to transfer money.
29:32
Like, people were still paying their rent in cheques
29:34
not that long ago, you know.
29:35
Like, it was just so okay.
29:36
Because to try and innovate and do anything.
29:38
This is in America as well.
29:39
You're only doing it by state.
29:41
So there was all, so this is where PayPal really flourished
29:43
because they had this thing called Vemno.
29:45
Vemno, is that PayPal?
29:47
Yeah.
29:47
Oh, it's huge in the States.
29:48
So they had this thing.
29:50
I mean, we're really lucky actually in New Zealand.
29:52
We're quite advanced in payments and fintechs
29:54
and digital payments.
29:55
Same with the UK.
29:56
There's so much.
29:57
Whereas, yeah, the US was a bit behind,
29:59
but there was also these companies like PayPal and Venmo,
30:03
which they owned, which was part, you know,
30:05
making lives easier for people to transfer money and et cetera.
30:08
Can I also just give context?
30:09
For people in America, Venmo kind of became a verb.
30:12
So in the same way you'd say let's Uber rather than let's get a taxi,
30:15
people say let's Venmo me.
30:17
Yeah, yeah, yeah.
30:18
And PayPal was actually really great when you're doing international payments
30:21
as well.
30:22
Anyway, there's kind of been this rise of a lot of fintechs.
30:27
Like why is this kind of?
30:29
also taking a lot of market share right yeah so paypal's share price has gone from 300 to 40
30:36
in five years it's still like a 40 billion dollar business but this is when stripes gone okay cool
30:42
actually you're on your knees the sharks the sharks are circling we can pick you up for a
30:46
bargain there's still probably there's probably things in paypal paypal's business that they're
30:51
like oh we don't actually want that without that but you're cheap enough we'll take it all kind of
30:54
thing wow um can we buy paypal shares when there's an acquisition coming is it a good time to buy
31:01
usually when it's in the news it's the share price is already gone but the thing is yeah if you were
31:06
a paypal shareholder and you had bought shares at 300 and you're sitting there five years later
31:12
your share price is at 40 the stripe only needs to go up by a little bit and now it's a takeover
31:19
price of 45 and a lot of shareholders probably be saying yes take my money and this is when it
31:25
gets interesting because then it's paypal's if paypal doesn't want to get taken over they might
31:29
be like you know what yeah it's actually really hard and we don't see much growth for the business
31:33
and this is an easy way out or paypal might actually be like no we've got all these incredible
31:40
growth plans and we think the share price can get to back to 300 just hold on this is our five-year
31:45
plan and so they have to kind of convince shareholders to stay so as a shareholder
31:50
you're like oh do i take this deal or do i believe that paypal can turn around so you kind of yeah
31:55
so it's a bit of a like you gotta you gotta woo woo the shareholders but could be could be no longer
32:01
around but so our next headline is about billionaires and how much money they give away
32:12
so we're channeling
32:13
Billie Eilish
32:14
I'm so scared
32:15
Irish?
32:16
Eilish
32:17
and for anyone that's like
32:17
why are you talking about
32:18
Billie Eilish
32:19
she got up at an awards show
32:20
and essentially said
32:21
shorties
32:22
give your money
32:23
if you're a billionaire
32:24
give it away
32:25
she's like
32:25
if you're a billionaire
32:26
why are you a billionaire
32:27
yeah
32:28
you shouldn't have a billion dollar
32:29
which I
32:31
oh is that what she meant
32:32
by why are you a billionaire
32:33
I fully interpreted that
32:35
as like
32:35
how did you make your money
32:36
probably not in a great way
32:37
so like give some money
32:38
back to people
32:39
no I think it's like
32:39
if you're a billionaire
32:40
why are you a billionaire
32:41
that you don't need billions
32:42
Oh, that's how I interpret it.
32:43
Yeah, no, that makes way more sense.
32:45
Which I kind of agree and disagree with.
32:47
No, come on.
32:48
No one needs a billion dollars.
32:50
No, but you could say no one needs a million.
32:52
No, but I don't think you can because a million is so different.
32:54
But where do you draw the line in giving away money?
32:57
But who, honestly, in their right mind, if you had a billion dollars,
33:00
how much money would you need to spend?
33:02
Like you would struggle to spend it.
33:05
I just think there's way more to it than that.
33:07
I just think you can always, it's very easy to say you should be giving away more money.
33:12
But who's to say the amount that I give away, the amount you give away.
33:16
There's probably people that are earning less than us that are giving away way more.
33:19
So are we then supposed to give away more because they're giving away?
33:22
No, I think it's more the point, which I obviously completely missed with Billie Eilish,
33:27
is there is no world that you need a billion dollars to do the things that you want to do or live the life you want to live.
33:34
So if you have an abundance of money, then give it to people who don't have that and like make change.
33:40
that but she's saying that you shouldn't have billions you shouldn't have a billion dollars
33:44
you should be giving it away but i look at her and i'm like well but she probably is though
33:49
that's her point but like in terms of she's still incredibly wealthy why can't she just
33:53
live the life that i live and give away even more do you know what i mean like i give away
33:57
a certain percentage of my income yeah well this is i was about to say i can't really judge because
34:01
i don't know is what we're about to talk about essentially the amount like the percentage that
34:06
they give away yes so the top 25 philanthropists and so this is people that give away money
34:13
have given away 275 billion dollars in their lifetime collectively between all 25 yeah but
34:20
that's only 14 percent of their wealth so they're only giving away 14 percent of their wealth and
34:26
again is that the total across all 25 but this is the lowest percentage since 2021 now i'm just
34:32
going to zoom out a bit.
34:33
So that's the top 25.
34:34
If we look at the Forbes 400, so this is the top
34:39
400 wealthiest people in the US.
34:41
Two thirds of those people give away less than 5%.
34:44
So you've
34:46
got the top 25 givers in the US giving away 14% of their wealth, yet the top 400 people in the US
34:54
are giving away about 5% of their wealth.
34:56
Among the 12 richest Americans in the world,
35:00
only one person has given away more than 10% of their fortune.
35:03
Wow.
35:04
And that's Warren Buffett.
35:06
Well, he's an angel from heaven, isn't he?
35:09
Yeah, he's just God's gift to us.
35:11
We love Warren Buffett.
35:13
So he's given away 10% of his wealth.
35:14
10%.
35:15
So we're talking about billion, billion, billion.
35:18
He gave away $68 billion.
35:21
That's 32% of his wealth.
35:23
So he's the only one in that list of the 12 most richest people in America
35:27
that has given away over 10%.
35:29
so if you think the musks the bezos's bill gate like they've all only they've given away less
35:35
than 10 of their wealth warren buffett has given away 32 68 billion dollars over his last lifetime
35:42
bill and melinda gates have given away 53 billion dollars but that's only that's less than 30 of
35:47
their wealth i still think that's a lot of a lot of percentage 30 is a lot yeah yeah but i'm saying
35:52
like these guys are the anomalies right you've got way more wealthier people like if we look at
35:58
Elon Musk.
35:59
He is
36:00
the absolute outlier.
36:02
He's given
36:02
a 0.08% of his wealth.
36:05
$780 million, but he's
36:06
worth, remember he was like
36:09
He's given away $780 million.
36:10
Yeah.
36:11
Which is less than 1%
36:12
of his wealth.
36:13
Yeah.
36:13
It's less than half a percent
36:14
of his wealth.
36:15
Holy shit.
36:16
0.08%.
36:17
What do you think would be the
36:18
appropriate percentage?
36:20
I think it totally depends on how much money you have.
36:23
Because I think there's a certain
36:24
level of wealth that no one's ever going to get through in their
36:26
lifetime like i don't i don't know the answer to this and then there might be other people that
36:31
have thoughts on it all i'm saying is if i look at warren buffett and bill and melinda gates and
36:36
the change that they've managed to make because they're donating well above what so many other
36:41
people are i mean no i agree i agree 700 million for elon musk as you say is nothing literally it
36:48
would be like saying keep the change for my coffee but could change the lives of so many charities or
36:54
so many like philanthropic organizations yes and i'm not saying that it's nothing and i'm not saying
36:58
that it's not a lot of money 700 millions a shitload of money but is it a shitload of money
37:05
when you look at the amount he has no it's also quite interesting right and this is like i'm just
37:10
kind of riffing here but if we didn't have these billionaires we wouldn't have this money to go to
37:15
charities like do you know what i mean like they yes they get a lot of shit and i get i get it like
37:20
there is definitely a level of money that you do not need over above a certain amount.
37:25
But the more wealth that's created from these billionaires, yes, we need to work on them
37:31
giving away more, but even 0.08% being 780 million.
37:38
It's like, you know, like, yeah.
37:41
I know what you're trying to say.
37:42
And if I'm being honest, like I'm thinking about this, right?
37:46
So let's just say that we solved the curve in five years and we each got a million.
37:51
A million's a lot of money.
37:53
Like it's a lot of money.
37:55
Would the first thing I think be how much of that can I give away?
37:58
No, like because there's this constant, which I realize makes you sound like a horrible
38:04
person, but a million dollars isn't that much.
38:06
Like it's still way more than I have now and it would change my life.
38:12
But I don't think in the West, or maybe this is globally.
38:16
I just don't, I think that it should be way more normal to factor in a percentage of our money to give away.
38:23
And I just think we don't do that at all.
38:25
And I'm totally speaking for myself here because I don't know what my percentage would be or how much money I would need to have before I seriously consider giving a decent amount away.
38:35
It's hard.
38:36
It's so hard, right?
38:37
And it's like, if you think of, you know, the jobs that these businesses have created, that these, most of the men have run, and the way that they've changed how we work and how we live.
38:51
What you're saying is they deserve a lot of money.
38:53
Yeah, I guess the risks that they've taken, all of that, there's got to be some kind of compensation for that.
38:58
Otherwise, people wouldn't do it.
39:00
you don't need billions and billions of dollars but the more that you i guess stifle growth in
39:06
that sense or slap them with additional taxes or you know put lines in the sand of the percentage
39:12
that they actually have to contribute to charity the less it's a free market and i don't know
39:18
anyway the thing i wanted to highlight with this which we haven't even got to is that the
39:24
The person that gave away the most of their wealth that is top of the philanthropic list is Mackenzie Scott.
39:34
And she is the ex-wife of Jeff Bezos.
39:37
She's given away nearly half of her wealth.
39:40
She gave away $7 billion last year alone, the largest single philanthropic gifting amount since the records began.
39:51
and she has got rid of over 75% of her Amazon shares that she got in the divorce.
39:59
And that $7 billion she gave away last year in 2025 was more than Elon Musk,
40:06
Larry Ellison, who runs Oracle, Larry Page from Google,
40:12
Jeff Bezos has given in their lifetimes combined.
40:16
She did in one single year last year.
40:18
honestly when I read this headline I was like we need more women earning money and putting it into
40:25
the right places or investing money into the right places just controlling money because money
40:31
creates so many opportunities and choices and the flow of money dictates how we're going to
40:38
see the world in the future and I'm just like thank gosh for Mackenzie Scott.
40:41
God what an
40:42
amazing woman.
40:43
Also when you hear all those people bitching about the fact that she got
40:46
money out of the divorce and it's like well look what she's done with her yeah
40:50
like a lot more than Jeff Bezos has done or ever will do
40:59
I'm so excited we're talking about this and I know what it is because I'm so surprised you
41:02
aren't because I'm like so sick of hearing about really the cost of being a woman and like how it's
41:08
like we know so in the UK there's there's different you know political parties and one of them is
41:12
reform and heaps of people have been speaking out online in the last week about essentially
41:20
what reform are trying to get into parliament which is the idea that you'd be taxing women
41:26
who haven't had kids and there's so many people losing their shit about it because
41:32
it's a systemic cyclical like there's so many things that play into the reason why so many
41:37
women are choosing not to have kids or less kids or and i don't know can't have kids and you're
41:42
No, there's exactly, there's so many.
41:44
Or your, yeah, the fertility reasons.
41:46
Also, they are trying to encourage people to have babies.
41:50
Yeah.
41:50
Oh my God, that's so handman's tale.
41:52
It's so handman's tale.
41:53
So that's kind of why I thought this was interesting
41:55
because there was this video
41:57
and I actually, maybe we can put a snippet of it.
41:59
Grace Beverley, who's a UK business owner,
42:02
like did a full video about this
42:03
and I might just play a little clip of that.
42:06
A reform UK candidate has openly suggested
42:08
that we start taxing people for not having children.
42:10
So I've looked into it.
42:11
even though the suggested tax would technically apply to both men and women.
42:15
Obviously, the pressure lands overwhelmingly on women,
42:18
where pregnancy becomes the only obvious way to overcome financial penalty.
42:22
The really handmade detail part of this is that it starts to turn reproduction
42:26
into a moral obligation and a financial shield.
42:29
And we don't really need more people,
42:30
unless, of course, having more babies is a way to keep women in a certain place.
42:35
So, this affects a lot of people, but mostly who does it affect?
42:37
The infertile.
42:38
Women who've miscarried, lost their pregnancies.
42:40
Women who've lost children.
42:41
Women who desperately want children and cannot have them.
42:44
Women who have spent thousands on IVF.
42:46
Women who left abusive relationships.
42:48
Women who cannot afford children.
42:49
Women who decidedly don't want children in a world that is not set up for women to be able to have children and be financially stable and have a career and have good mental health.
42:57
Women who know they would not be good parents nor do they want to be.
43:00
Same-sex couples who either don't want children or do want children but cannot biologically do so.
43:04
All of those people would get penalised and men?
43:07
Just abstracted away.
43:08
No serious discussion of male fertility, male contribution to care, male accountability.
43:12
Just a conveniently gender neutral tax that in practice puts women's bodies on the line.
43:16
This is Handmaid's Tale logic, not because it's identical, but because it treats women's fertility or their desire to have children as a lever that the state can pull to fix social problems.
43:25
How are we here?
43:26
We've made so much progress in the world, yet it feels like we're also taking giant steps backwards at the same time.
43:34
It made me realize if governments don't make quite enormous changes to support families and people having kids from a financial standpoint, because it's so impossible for so many people.
43:45
There's such interesting business opportunities here.
43:48
How can we think about or reimagine the way that people are having kids now?
43:54
I honestly look at some friends who are choosing to go to places where there's help because they can't afford child care in other parts of the world.
44:02
so you know and I'm not necessarily saying that's the answer but I just mean the system's broken and
44:07
this whole story I think is a an interesting one yes so this story was it's a recent report that's
44:14
been done that shows that two-thirds of people in the UK seeking like advice around debt are women
44:22
oh I totally sent you the wrong article oh I sent you a financial times about the whole um reform
44:27
thing.
44:28
But that's, sorry, don't worry, keep going.
44:31
I think I was just riffing about something
44:32
completely separate to what you're about to talk about.
44:35
It kind of worked though.
44:37
Okay.
44:40
So this is saying that of the people that are contacting advisors to get help on debt,
44:44
an overwhelming majority are women.
44:46
And it's just goes to show that there is an increasing trend
44:51
of how like the rising costs, childcare pressures, it's hitting women harder than it is men.
44:57
and when you get into debt,
44:59
not only are you not starting from the same position as everyone,
45:02
you're starting from 10 steps backwards
45:05
before you can even start thinking about investing
45:07
and growing your wealth.
45:08
And the fact that there's an overwhelming majority of women
45:12
that have been asking for help around their debt situations
45:16
is really, really concerning.
45:17
But is that also the historical lack of information
45:20
around how money works, how debt works?
45:22
And so a lot of us have gone into debt without the knowledge of why.
45:26
Yeah, it's a whole fundamental issue.
45:28
You're so right.
45:29
It's that.
45:30
It's as well as like there is a lot of single mothers that have the sole responsibility of childcare.
45:37
It's the cost of living crisis that we've recently had.
45:40
It's, yeah, the income gap, the gender pay gap that we see.
45:43
It's also women have more part-time roles.
45:45
It's women being in roles that are more impacted by AI and probably made redundant.
45:49
like there's just so much in it but it's a bit of a startling stat that just puts the spotlight on
45:57
the gendered financial stress in the uk which is probably prevalent all around the world yeah and
46:03
like all this cost of living crisis for example it hits women disproportionately more which kind
46:08
of makes sense but didn't really realize of course it hits us more we've got such an increased burden
46:14
financially and we've also got we earn less on average so yeah when the price of things go up
46:22
and our incomes don't i think there's i think there's going to be a huge structural shift in
46:27
the next couple of years i think that governments if they're wanting and sorry this is going back
46:32
to the the story about the whole grace beverly reform thing in the uk i think that if they want
46:38
to see an increase in births and women choosing to have kids.
46:44
There was some stat around like five years ago where the average amount of kids that
46:49
we were having was around 3.3 or something.
46:51
And now it's one or, you know, it's dramatically dropped.
46:55
And so much of that is financial, but also the idea of, yeah, not having supportive workplaces,
47:01
not having financial aid from governments, not having like, there's so many, there's
47:06
so many things.
47:06
And I think that because for the economy, they need women to be having more babies.
47:12
And, you know, we spoke about this a year ago, China paying people to have babies.
47:17
But it's so much, a thousand dollars to pay or whatever it was to pay someone in China to have a baby means nothing when you know the ongoing implications on your career and your financials.
47:27
So tipping point where I would have say three children, for example,
47:31
if society or the government wanted me to have three kids,
47:35
there is definitely a price on what that would be because it would have to be
47:40
the cost of, of childcare to help support so they can stay in my career.
47:44
It would be the cost of, you know,
47:46
probably having to get a bigger house or, you know, that kind of thing.
47:49
It would be the cost of the impact that I've had to take out three for three
47:53
children to take time out of work.
47:55
like there's definitely a dollar figure there but it's not a thousand dollars it's also not a tax
48:00
you fucking tax me for not having a baby no no i will absolutely lose my shit like that's not
48:06
gonna that's not gonna encourage us to have kids yeah it's like there's yeah there's definitely a
48:10
figure there but it is way more than what probably any government could afford so that's why they're
48:16
kind of clutching at straws like oh we'll do this yes but child care is such an enormous one that
48:20
would help if there was more access to childcare.
48:22
I think in New Zealand, you don't get subsidized
48:25
childcare until they're three.
48:26
That's three years out of your career where lots of people have to
48:31
stay home.
48:31
And also prefacing a lot of people want to, and I'm not, I'm not trying to throw
48:37
shade on that because everyone is allowed to choose what they want to do.
48:40
But I think it's
48:41
more just the financial impact for so many people.
48:44
They'd be making different decisions
48:46
if they could afford to.
48:49
I mean, even just if I think about for us,
48:51
like I love work and I want to keep working.
48:54
I also would love to be able to care for kids,
48:57
but the financial gap doesn't make sense in so many ways.
49:01
So there's just a lot of us that are thinking about it differently,
49:04
whether it's having less or not having any.
49:06
And yeah, it just blows my mind that they're trying to pay tax people
49:10
in the UK who are not.
49:12
It's honestly so handmaid's tale.
49:14
I'm sure.
49:14
It's so scary.
49:16
We actually have something from the community.
49:18
Oh, yeah.
49:19
Let's read this question.
49:20
Should we do the first one?
49:21
So this is from Jess.
49:22
So she said, hi, girls.
49:23
Apologies if this has already been answered somewhere.
49:26
I've recently moved to London.
49:28
I have a bit of savings still sitting in New Zealand in a bank account,
49:31
which I won't be moving across to GDP for obvious effects reasons,
49:34
i.e.
49:35
it's not going to go anywhere because the pound is so strong right now.
49:39
Do you have any recommendations for an investment platform or firm
49:42
where I can invest these savings?
49:44
ideally would have KiwiSaver
49:46
and these extra savings and funds
49:49
with the same company.
49:51
But I'm keen to see if you guys have any recs
49:53
or might have been in a similar position at some point.
49:56
So she basically saying,
49:57
where would I put my savings?
49:59
Where should I put them?
50:00
Funds with the same company.
50:01
I think she's saying,
50:02
is there KiwiSaver funds
50:04
where there's also other funds?
50:05
So for example,
50:06
rather than putting it in her KiwiSaver,
50:07
she wants to put it in a fund
50:09
with the same provider.
50:11
Oh, yes.
50:11
Yes, you can.
50:12
there's a lot of kiwi save providers have their own funds that they call managed funds and they're
50:17
like non-kiwi save funds and the performance is pretty similar um they're all kind of invested
50:21
in the same way one's just like a different vehicle which is means it's like kiwi saver
50:25
and the other's not um and the by the way if someone's thinking why would you not then just
50:30
put in your kiwi saver it's the idea you can't access that money because you're 65 so if you
50:34
may want to use your savings at some point putting them in a different place where they're still
50:38
growing but you can get access and look if you need the self-control and you want to put money
50:43
in your kiwi saver because you know that you can't access it till you're 65 then do that i put the
50:50
minimum amount in kiwi saver and then i put money into the you know i top it up into a fund but not
50:57
a kiwi saver fund so therefore if i'm 50 and i want to you know buy a house or invest in a business
51:03
or something i don't have to wait till i'm 65 i can actually take that money out but it's all about
51:07
being quite, you have to be quite strict so that you just don't go and spend it willy-nilly.
51:12
We also got a really cute email, which I'm not going to read out, but from Granny Helen,
51:16
and I will just say the cutest email ever.
51:20
And she, her and her granddaughter listened to the
51:23
podcast and she wanted to buy the IOU course that we've just put out for her granddaughter.
51:29
And I
51:29
thought, Granny Helen, you're the best.
51:32
If anyone has questions or wants to say anything, like you
51:36
can comment where you're listening to this podcast it's quite fun because then everyone can see the
51:39
questions or send us a dm or an email whatever works for you but also we do love the hotline
51:44
there's some more people leaving voice notes on the hotline so find whatever works for you in the
51:48
podcast show notes and yeah have a great week see ya see you next week bye thank you so much for
51:57
listening to the curve weekly make sure you hit subscribe or follow wherever you're listening so
52:01
you're always up to date with the latest finance and investing news and feel free to leave a
52:04
comment to let us know what you thought about this episode because we would love your feedback
52:08
we've got new curve weekly episodes for you to listen to every monday but until then listen to
52:12
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52:17
we're also around all week on socials if you're hungry for more curve content and all the links
52:20
are in this podcast show notes we hope you have a great week and we'll catch you for the next
52:24
episode of The Curve Weekly on Monday.
52:34
Okay, quickly, The Curve was created to empower and
52:37
educate you about investing, but we are not financial advisors.
52:40
Our platform exists for
52:41
educational purposes only, and it doesn't provide personalized investing advice for your individual
52:45
needs and should not be relied upon to make an investment or financial decision.
52:50
And always
52:50
remember to do your own research before making any investment or financial decision.
52:54
We're here
52:55
for any knowledge and support you need, but the final call is always yours.
52:58
And thanks for being
52:59
here.
53:00
You got this.
53:00
Yeah, we know you got this.