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Becker Business
7 Notes for This Afternoon 8-12-25
00:03:58
In this episode, Scott Becker shares seven quick updates, from soaring airline and apparel stocks to concerns over inflation, the closure of Weiss Memorial Hospital, and more.
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Scott Becker
This is Scott Becker with the Becker Business Podcast. The Becker Private Equity Podcast. Thrilled to see the Becker Private Equity Podcast ranked, I think, second in the country today in the business news section. We're going to give you quickly seven notes and thoughts for this afternoon. And thank you for listening to the Becker Business Podcast. The Becker Private Equity Podcast. First, the airline stocks are jumping. American Airlines, United Airlines, each up about 10% today and hitting it out of the park. Second, Hanes brands up about 26%. A news of a potential acquisition by Gildan Brands. We talk about that separately in a separate podcast. Third, Goldman Sachs also doing terrific, up about 4% so far today, but up 30% year to date. Fourth, the Weimar Republic. One of the things we worry about in the United States as we continue to print money and do deficit spending, everything is getting more expensive. If you're part of the asset class, you have more money, so the numbers tend to work out. But if you're not part of the asset class, when I say the asset class, those that have investments in assets, stocks, other things that are rising with inflation, if you're not part of that class and 50% of the people in the country are essentially not part of that class, the increased cost of everything, a dinner out, going to do something, it's got to be just astounding. It's astounding to all of us. But. But it seems like just absolutely horrible for those that don't have lots of money already and have to deal with these increased prices of everything. And it does make me think when I see the increase cost of things, is it like the Weimar Republic was back in the day? The fifth thing I'll follow today is a private equity healthcare story. Weiss Memorial Hospital in Chicago is closing. It's now private equity owned. But I would caution people about blaming that on private equity because that's a health system that has struggled for a very, very long time. So that's a deal with Weiss Memorial Hospital. The struggles didn't come when private equity bought it. The struggles came way before that. And then private equity did buy it. Um, sixth, I'll talk for a second about adhd. There are moments in the morning when I am putting a sock on, and this is part of the problem with my ADD or ADHD or whatever you want to call it. I am putting one sock on and I am struggling because I can't even slow myself down enough to not want to get to that next sock or put the shirt on or something like that. I take it there are a lot of people with ADHD that feel very much the same way. But sometimes the struggle is very, very real. Seventh, we talk a lot about this concept. Embrace the friends that love you. And don't worry about this concept of, oh, my goodness, you like the five people you're the closest to, or something like that. That at the end of the day, I view it as unless your five closest friends are homicidal maniacs and are killing people and committing horrible crimes, don't worry about it. It's okay. You don't have to listen to all the stuff about the five closest this, the five closest that. Finally, last thing we'll talk about the story today is this thing called the origin story. There is so much said in business about somebody's origin story. And when somebody tells me the origin story of almost any business, I almost always believe that. I then need to take a break because I'm about to hear some BS origin story that doesn't really resonate and it's not really true, but sounds like it's been prepared for audiences. That's the concept on the origin story. In any event, I think we're at about seven or eight stories here. Thank you for listening. This afternoon's the Becker Business Podcast, the Becker Private Equity Podcast. Thank you for listening and thank you for joining us. Thank you to Chanel Bunger, our producer, the very best in the business. Chanel, thank you very much.