00:00What's the question of the day, fellas?
00:02Did you see Stan Kroenke yesterday?
00:04Won another championship in one of the major sports.
00:06Oh, that's good. He hasn't won one in a while.
00:09Arsenal clinched the Premier League, which is, I mean, obviously we know.
00:13That's huge.
00:14And he owns Arsenal. He's also won a Super Bowl in the last five years.
00:17Yep.
00:17He's won an NBA Finals with the Nuggets, Super Bowl Rams, Nuggets Finals, Stanley Cup, Colorado Avalon.
00:22He's got stuff all over the place.
00:24He's married into the Walmart family, right?
00:26Yes.
00:27He's got that Walmart money.
00:28And SoFi Stadium, which he owns.
00:31He owns the stadium, too.
00:32Has hosted the Super Bowl.
00:34He's going to host a national championship game and has World Cup matches coming up.
00:38And the 2028 Olympics, just as a little exclamation point.
00:41Oh, my God. A little confectionery sugar on top of it.
00:43He knows how to invest his money.
00:45Yeah, he does.
00:46However, we're going to ask you, what's the worst money you ever invested?
00:50Oh, okay. That's a much longer list.
00:53I thought it was going to be, what's the best investment you've made?
00:57Okay, so the worst investment.
00:59Seth, you want to go first on this one?
01:01I've got a couple in mind.
01:02I've just got so many that I still haven't recovered from.
01:05Yeah.
01:06This wasn't a big deal.
01:10It didn't break me financially or anything, except that I helped my sister-in-law once basically remodel her beauty
01:20salon,
01:21her hair styling place that she had in a tiny little town.
01:24And she did well, and she made a good living and everything.
01:27And I just, initially, I got into it thinking, like, yeah, cool, you know, well, you can just pay me
01:32back over time or whatever you want.
01:33We'll worry about later.
01:34And I got about, like, three months into it, and I realized it wasn't her fault at all.
01:40Well, my ideas and plans for this salon of hers were way too ambitious for just what was a nice
01:45little already profitable salon.
01:47Yeah.
01:47So it ended up just being a huge gift, you know, a six-figure gift.
01:52Because I didn't, I told, I had to tell her at one point, she started, she was having a nervous
01:56breakdown because she realized, like, well, this isn't going to, I'm not going to be able to pay you back
02:00for this.
02:01So I, so it ended up being a gift.
02:03So I don't feel bad about it.
02:03Yeah.
02:04That's tough, man, when you, within a family.
02:07I was, like, I was coming in kind of doing it like it was, like, you're plopping it down in
02:10Upper Kirby or something.
02:12Right.
02:12And that's not going to support it.
02:14No.
02:15No, no.
02:17All right.
02:17I would say I've got, I've got two.
02:19One is just a pretty conventional one.
02:22My first house that my ex-wife and I bought up in Tomball, we put a swimming pool in.
02:29And we sold the house because I got promoted three years later.
02:33Yeah.
02:33And you just never get your money back when you put a swimming pool in.
02:36Like, we got, like, half the value of it back.
02:38Yeah, yeah, yeah.
02:39Now, we had a lot of good times in that backyard, except for the times that my neighbors would
02:42show up.
02:43That's right.
02:44Unannounced.
02:44Mm-hmm.
02:45While we were away.
02:46Oh, that's right.
02:46We would run home to it.
02:48Yeah.
02:48So that, so, and actually, so that probably made it an even worse investment, that it induced
02:53this awful neighbors into the backyard.
02:56That's number one.
02:57The other one that's more under, like, an actual investment, I think it might have been on this
03:01very station, like, back in the late 90s when you had sort of, like, paid programming, you
03:06know?
03:07Yeah, yeah.
03:07Like, your regular lineup and you had paid programming on the weekends.
03:10And one of them was one of these investment shows.
03:14Yeah.
03:14And they're like, hey, they have these hot stocks and things like that.
03:17Oh, boy.
03:18And one of them was a, like, this is in, like, 1998.
03:22So the internet is still fairly new.
03:25And you started to get these websites that would do versions of, like, online casinos
03:30and things.
03:30I forget what it was called.
03:31Something Island or whatever.
03:32Yeah, yeah.
03:33Oh, okay.
03:33And I'm like, oh, and they're explaining it to me.
03:35You know, and I'm a big gambler.
03:37Thousand bucks.
03:39Just for me?
03:40Thousand bucks I put down.
03:41I don't know what the minimum was or the maximum, but I'm like, yeah, I'll put a thousand
03:44on this stock.
03:45That'll be fun.
03:46They told me all the reasons that there's going to be this explosive growth in this
03:50area.
03:51Easily sold to, I was.
03:53Yes.
03:54And am.
03:55That thing.
03:56In case anybody is trying to perpetuate these things.
03:57That thing was worth 118 bucks within, like, six weeks.
04:01Oh, wow.
04:02Yeah, I feel like I got flipped.
04:03Pumping up.
04:04No.
04:04I didn't know you were such a chump for the pink sheep.
04:07Not anymore.
04:07My big book of business ideas just turned into a cash machine.
04:11Yeah.
04:12They're all things to attack me now.
04:13Yeah.
04:13Yeah.
04:14No, easily sold to.
04:16But what was really eyeopening was watching season two of The Sopranos when one of the
04:23scams they had going on was they took over, like, a stock brokerage firm.
04:28Yeah.
04:29And they were pumping up webistics.
04:32Yes.
04:32Yeah.
04:33And then they dumped it.
04:35And so when I started watching The Sopranos, I'm like, huh, that's what probably would happen
04:39to me with Pleasure Island or whatever, this casino.
04:42I think I got pumped and dumped by the mob.
04:45You got Wolf of Wall Street.
04:45When you watch Wolf of Wall Street, did you have kind of PTSD over it all?
04:48Yeah, a little bit.
04:48Yeah.
04:49A little bit.
04:49You were the poor schmuck that Leo DiCaprio was, like, flipping his finger as he's selling
04:55you the stock.
04:56And this is when my first two – Sammy hadn't been born yet, but it was right after my first
05:00two kids were born.
05:00And in my mind, after I see this stock going to the toilet, I'm like, God, my kids aren't
05:04going to be able to go to college.
05:05There's no way that I'm going to be smart enough to get the money together.
05:10Which, by the way, I would add a third thing.
05:14Was my college degree a good investment, buddy?
05:18It's starting to come up as a thought.
05:21Now, I graduated in 91.
05:23Mine was.
05:23Yeah.
05:24I think mine was.
05:24Because I wouldn't have gone anywhere.
05:25No, no, no.
05:26And mine, I think, was too.
05:28If for no other reason than it's all part of my journey, and I'm happy where I am right
05:31now.
05:32And if I didn't go to college, then I'm not probably sitting here because of the butterfly
05:35effect.
05:35Right.
05:35So from that standpoint, yes.
05:37But just empirically, I'm using almost nothing that I studied in college to make the money
05:44I'm making right now.
05:45I would not fully agree with that.
05:47I'm a little bit more high-minded in this.
05:48Make me feel better about the thousands of dollars I spent.
05:50Because I do believe that college, at its essence and at its best, is a place where you learn
05:56how to think.
05:57And you are a thinker, Sean.
05:58I'm a thinker.
05:59Yeah.
05:59You use your ability to reason and think.
06:02So even though I'm not using any of the actual content material, it was the exercise of
06:07this very muscle pointing at my head.
06:10And you grow up.
06:11And you grow up.
06:11Well, that I agree with.
06:13Like, the social aspect of it, and making mistakes and things like that.
06:16And different people.
06:17Yeah, and different people.
06:18And I went to a school that had people from all over the world.
06:21Right.
06:21You know, so I...
06:22Hell, even just for the stories that you've given us, you've given us great stories from
06:25Notre Dame.
06:26I do have some good stories, too.
06:27No, mine 100%.
06:28Because I'd be working in some civil service job in San Antonio right now.
06:32But the other thing is, I grew up with nothing, knowing no one except Hispanic and black
06:37people.
06:37Yeah.
06:38And then I got to Texas A&M.
06:40Right.
06:41It's just in.
06:42You got the best white people.
06:43That's right.
06:44Yeah.
06:45I was like, what is going on?
06:47Yes.
06:49Blinded by the white.
06:50And plus, I also majored in journalism and English.
06:55Right.
06:55You know.
06:56Well, yeah, you actually use your...
06:57I majored in finance, and I invested in some online casino.
07:02For $1,000.
07:04Somewhere in Notre Dame, they're like, damn it, man.
07:06You really bring out the value of what we're doing here.
07:08No, trust me.
07:09I don't even open the alumni magazine.
07:11I'm like, oh, here's a magazine of people who are all more successful than me.
07:14Okay.
07:15That's a good point, though.
07:16As far as...
07:17Regardless of the name brand appeal of the university or anything, it's probably a good
07:20idea.
07:21Like, yeah, you want your kids to go to a college where maybe the demographic makeup's
07:25at least different.
07:25Yes.
07:26Yeah.
07:26Where they grew up.
07:27You grow up in an all-white community.
07:29You grow up in an all-black community or whatever.
07:30You want to be sure that maybe you broaden your horizons a little bit.
07:34Yeah, go to Texas Southern.
07:36In a very safe and open environment, you know, where people are, theoretically at least,
07:41I don't know.
07:42It feels like it's less and less this way these days, but where people are open to meeting
07:45new people and learning about different backgrounds.
07:48A hundred percent.
07:49Sean should have gone to Texas Southern.
07:50I should have.
07:50Maybe I'll go get my master's there.
07:52Yeah.
07:52Oh, let's do that.
07:53Yeah, yeah, yeah.
07:54We'll make it content.
07:55That'd be great.
07:56It's a bit.
07:56That'd be great.
07:57Maybe the company will pay for me to...
07:59Hey, can you pay for me to get my master's?
08:01We're going to turn it into a web series.
08:04You know how much these things cost nowadays, huh?
08:06Yeah.
08:07I don't know if the company's paying for that.
08:08Probably not.
08:09No, probably...
08:10Definitely not.
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