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...toll on the highway because that's the highway. So in that case, they're sort of competing against other forms of powering the location that that pipeline dumps out into. So it's, you know, the Midwest using coal instead of using this natural gas. So
...the toll on the highway because that's the highway.
...the 30% toll road on every digital purchase, both for first party and third party. The second piece is around subscription. And what you need to understand both Nintendo Switch subscriptions offering and PlayStation's offering, it allows you to conne
...the toll collectors? And the answer is listed asset managers in The United States and the private equity, private everything juggernauts in particular. They have crushed it. Now people are gonna say, uh-oh, this sounds pretty bad. No. These guys, as
...a toll. Work pressure, financial stress, changing relationships, and traditional expectations around masculinity can quietly wear men down often without clear warning signs. In season three of the visibility gap, doctor Guy Winch and his guests explo
I I'm born and raised in New York. It's my first or second it was my second time in California. Nobody told me. If people told me that jaywalking wasn't a thing here, I looked left, I looked right, I looked left again. There were no cars anywhere. Ye
yeah, they're they're they have different levels of persicatiness and regulations depending on the city, depending on the airport. I mean, it's just Yeah. You know, very different everywhere. That's gonna just be a lot of blocking and tackling, and i
took over, and since then, and make me a timeline. And I was reviewing that literally, you know, while working out, Just to give you know, I wouldn't have normally done that, but now I'm getting through work so quickly. So this is inducing a massive
20 the $20 ride to or $25 ride to dinner will go down to 12. So instead of $50 round trip from dinner, it'll go to 25. It'll be, significant. Who can afford that? And who chooses to do that? Because, well, maybe it's better to just be in the back of
So the question is, when will the auto industry accept a thousand dollars in additional cost per car to have these advanced safety features. And I'm guessing you can start to have these advanced safety features in that thousand dollar range right now
...buying toll roads. They're buying assets in big thematic growth areas. So they specialize in stuff like digital infrastructure and energy transition markets. Both of these are massive growth opportunities, but they require a lot of deep sector expert
...toll roads. They're buying and building data center businesses, for example. When a good chunk of its real estate business is opportunistic, high return investing. So EQT sold its small credit business a few years ago because they thought it wasn't a
And so if, let's say, on a $40,000 car, 10% of that car, so about $4,000 worth of value is coming from overseas, that could still have tariffs applied to it. And if it's 25% tariff, then it'd be 25% on that $4,000. So about a thousand dollars would g
It's made our prices here, I mean, it's, what is it, dollars 3 an MMBtu, something of that order, dollars 3.5 maybe. I don't know what it is today. Maybe you can pull it up. But whatever it is, I mean, globally, the price is much higher. It can be $8
Oh my goodness. We ascribe no virtue to this. I think the jury on this whole thing and we'll get to this later in the episode and and certainly in part two of, like, what parts of this were good and what parts of this were bad. It's both. There's lot
And, if they do work on the side, then they're trying to balance the parts within the system, meaning they want to evenly distribute the money in a way that optimizes for what each application wants so that they can run those outside applications tha
business wise, like big trucks and that, we are dealing with the shipping ourselves. So depending how we wanna drive it or what we wanna do with that, we're paying the the cost at manufacturing and hauling it up. What about fuel costs? Because I gues
the normal way that all this any kind of extra tax ship ships out is you either wait longer or you pay more. Yeah. That's that's just how it works. I mean, in any of the things that's why I tried to put a optimistic, endpoint on the speech is because
numbers were invented to calculate tariffs. Like, that's why we have math, is so you can figure out how much you owe the the lord. So it's been around for a long, long time. It's like the primary form. Governments were funded off tariffs for most of
things like that. But the smaller guys seem to really struggle here. That's exactly right. And what we're hearing on the ground, there's a part supplier for the big three automotive companies in Detroit that's right up the freeway from us here at the
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