00:49:28 · Jordi Hays, John Coogan
[00:49:28] S0: They are holding up. So... [00:49:30] S1: Yeah. I kinda wanna do a you know, Buffett themed ad reads. Your business is mumbo jumbo. Their business is mumbo jumbo. Their business is securing your mumbo jumbo. CrowdStrike secures mumbo jumbo and stopping breaches. Warren Buffett, we got some breaking news here in Business Insider. This actually dropped today. It's not every day you get some breaking news about the Oracle of Omaha, but we do have one. Warren Buffett hasn't had a glass of water since at least the nineteen seventies. Can you believe this? Is that real? This is real. So so Business Insider is reporting on a conversation that happened between the 96 year old business icon Warren Buffett and Bill Ackman. This is what they what they recall during an episode. So Bill Ackman and Warren Buffett had a conversation a long time ago, and then Bill Ackman brought it up on a podcast and said, oh, remember I talked to Warren, and he said he hadn't had a glass of water since the seventies. So Ackman said that Buffett came over for a dinner at Ackman's house years ago and he'd made sure to stock up on the legendary investor's favorite drink, Cherry Coca Cola. Cherry Coke. The Pershing Square founder, that's Bill Ackman, CEO. Calling [00:50:44] S0: it Petey. Petey. Yeah.
00:50:44 · Jordi Hays, John Coogan, Tyler
[00:50:44] S0: it Petey. Petey. Yeah. [00:50:45] S1: Yeah. No. It's true. Once they were sitting at the table, he asked Buffett whether he'd like still or sparkling water. Like I have your cherry coke but do you want still or sparkling before you get into your soda? And Buffett politely declined opting for his preferred soda instead. But I said, you know, don't you drink water? Ackman recalled. And he said, Bill, I haven't had water in forty eight years. That is remarkable. He quipped that in 2025 or 2015, he was one quarter Coca Cola as it accounted for 25% of his daily calories. That is extremely peedy. Not drinking water might sound unbelievable but Buffett who retired as Berkshire Hathaway's CEO after sixty years, Greg Abel took over. Let's cut to Greg. There he Still going strong. Spitting image How over [00:51:34] S2: do you feel, Greg? I'm feeling great. I'm ready to to be here for another forty years, you know. Mhmm. [00:51:40] S0: No. But Tyler, on a personal note, how do you feel? Because the last year last year was about one hour in, I felt like the walls were closed. Like, you really feel like you feel there's a lot of layers. That like one of these outfits is like a... It's like a... A lot of pressure. Yeah. They're taking you to deep water here in Hollywood. It's a lot of pressure. It feels very intense. Yeah. I almost I almost had to get up and leave, but then I just powered through. [00:52:09] S1: At the same time, I feel like the fact that this is round two [00:52:12] S0: Show business above all else.
00:52:12 · Jordi Hays, John Coogan
[00:52:12] S0: Show business above all else. [00:52:14] S1: This is round two. I I could wear this every day now. I'm feeling confident. [00:52:17] S0: No, I know. Know. I'm getting I'm getting I'm getting I'm kind of thinking I got dinner with some friends later. I'm kind of thinking [00:52:24] S1: Keep it on. [00:52:25] S0: Why not keep it on? [00:52:25] S1: Maybe the whole weekend. [00:52:26] S0: Why not keep it on? That friend did tell me, I FaceTimed him before this, said take it off, do not come to dinner like that. He's testing. You're gonna scare people. [00:52:34] S1: He's testing. [00:52:34] S0: He's clearly testing me. So if you're listening out there, I'm not taking it off. [00:52:39] S1: I'm not taking off. I'm taking [00:52:41] S0: it off. I'm going out like this. [00:52:43] S1: We gotta we gotta surprise someone in person. Actually, [00:52:47] S0: where I wanna go, I wanna go to the val... I wanna go drive over real quickly to the valet at the gym Yeah. And just pull up and just say say what up to the boys. [00:52:56] S1: For sure. [00:52:57] S0: Our friends over there. Yeah. I was explaining to him yesterday that we were gonna dress up and he's like, you know. [00:53:01] S1: Yeah. Special shirt. Yeah. Something. Cool. [00:53:06] S0: Cool stuff. [00:53:06] S1: Well, we're a little bit differently around here. [00:53:10] S0: We are keeping our first guest of the show. We have a little scheduling switch up here. David Senra. [00:53:16] S1: Coming on... [00:53:17] S0: Nowhere to be found [00:53:18] S1: He's right locked in. Is
00:53:18 · John Coogan, Jordi Hays, Will Manidis, Tyler
[00:53:18] S1: He's right locked in. Is [00:53:20] S0: probably podcasting on one of his multiple podcasts. But we have... [00:53:25] S1: Will Manidis. Will Manidis. Let's bring [00:53:28] S0: him in. [00:53:28] S1: The author of the commanding heights, the hottest Here [00:53:31] S0: he is. [00:53:32] S1: To hit [00:53:33] S0: Sert it up. [00:53:34] S1: The internet in years. Congratulations. Omaha. [00:53:38] S0: It's great to have you. [00:53:39] S1: It's great to have you. I think we're looking at future future one of us. Future one of the [00:53:45] S0: Allocator. [00:53:45] S1: Future allocator potentially. [00:53:47] S3: In the Ultra Dome. Yeah. [00:53:49] S1: You are the only the only person that has fully co hosted this show from start to finish as a guest as a guest host who's not actually on the team. So thank you for your service. [00:53:59] S2: It is [00:53:59] S3: a tour de force. It's a terrifying thing to do. [00:54:01] S1: It is. But you pulled it off. [00:54:03] S0: You were you were sweating by the end. It's a lot. You kinda... [00:54:06] S2: No one warned me. No one warned me. [00:54:08] S0: No. No. It is as much as it doesn't look like work. It is. It's a real it's a real job. It's a real profession. [00:54:14] S1: Yeah. Only when the water goes out do you see who's swimming naked. [00:54:17] S0: That's right. [00:54:18] S1: That day Right. You did have some swim trunks on, so you you made it through. [00:54:21] S0: You survived. [00:54:21] S1: I will [00:54:22] S3: be applying for union benefits very shortly.
00:54:22 · Will Manidis, John Coogan, Jordi Hays
[00:54:22] S3: be applying for union benefits very shortly. [00:54:25] S1: OpenAI. Yes. Yes. Yes. That's for sure. [00:54:30] S0: How's week been? Yeah. How's week been? Know this has been in the works for... [00:54:33] S1: Are you signing autographs yet? Are you getting recognized on Print the [00:54:37] S3: copies are en route. Mhmm. Commanding-heights.com request a physical copy. We have a thousand of them going out today. [00:54:44] S1: Cool. [00:54:45] S3: Leather bound? Leather bound, hardback, hand sewn, not America. You can't hire American folks anymore. [00:54:52] S0: Me too. Wow. There you go. Interesting. What... Talk about the process. [00:54:57] S1: Yeah. [00:54:57] S0: We've been hearing about it for for months now. Lighter's been... [00:55:01] S1: Well, it's been quiet.... Couple of things. Because for a while you were on a generational run of these essays that would go mega viral and it felt like chapters in a book and then you went quiet for a while. That was the book writing process? [00:55:13] S3: That was the book writing process. Joe and [00:55:15] S0: I have
00:55:15 · Jordi Hays, Will Manidis, John Coogan, Tyler
[00:55:15] S0: I have [00:55:16] S3: been convinced that AI is real. Right? Scaling laws are going to continually uphold us correct about almost everything. Mhmm. And we've been kind of shocked at how little discussion there's been about what this means for currencies and what those means for nations and what this means for populations. So about a year ago we said, what is kind of... What does the East Coast have to say about the the coming scaling laws that are going to happen? What is the finance take on everything that's going to happen? And we set out to write this manuscript. Joe Roberts and I, Farrell Gregory sat down, spent the last year drafting this thing and published this week. Very exciting. [00:55:48] S1: And what is the what is the TLDR on the knock on effects? Because everyone knows the bottleneck constraints like the the the situational awareness thesis has been digested. You're saying AI is real, but what are some of the knock on effects? [00:56:02] S2: Yeah. I mean, I think we need to