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This is Scott Becker with the Becker Private Equity and Business podcast. These are five of the stories that we're following today and thank you for listening to the podcast. First, the big news today is Nvidia is down about 6.6% right now. And this is based on potential export restrictions to China. Nvidia's got itself sort of right in the middle of this trade war. Jensen Huang's one of the most amazing CEOs of our time. He's been leading that company for 30 years. He's outlasted all the other great CEOs knows it's amazing what he's done. He'll navigate through this as well. He's really an amazing, amazing leader. Second, China and the United States look like they are circling towards talks. They're all trying to show a little bit of ego and how they do it, but really fasting to watch, but sort of moving towards trade talks. It is a whirlwind roller coaster to watch how President Trump negotiates with everybody. You know, its head spinning and it is what it is. Third. Third. It was great yesterday to talk to tennis great Murphy Jensen. And not everybody knows Murphy Jensen, but he and his brother Luke won the French Open a long time ago, the doubles championship for the French Open. Growing up in the Midwest where I grew up, Luke and Murphy Jensen were heroic figures in terms of the tennis scene. Just great athletes, great tennis players. Murphy has a story where he then ended up with substance abuse, stress, other kinds of issues. More recently started a company called We Connect with Danielle Tudor and Cameron Chell and we had the two of them on the Becker's Healthcare Becker Private equity podcast yesterday. Really inspired me to talk to them. And again, Luke and, and, and Murphy, heroic players in our area. So just real, real fun to talk to them. Fourth. And the scales and portfolio aside, I finally had some discipline around the weight for a few days. I'm not so scared to go on the scale. Sending the portfolio after a couple months, really bad weeks a couple weeks ago, it's been up this week still not looking at that much, but at least moving in the right direction. Finally. 5th and and I'll give you a PS today too. We talk about this often. There's all this business of personal advice about picking the five people you hang out with the most and a lot of it goes like this. Pick your five closest friends based on successful or something they are because you'll gravitate to be a lot like them. And I've watched this advice given in a million different context and I got to tell you, we've talked about this regularly. I just hate this advice. It leads to an amount of social climbing and social optimization that to me is so distasteful. And so my perspective is assuming your best friends aren't convicts and I don't mean this as offense to convicts, pick your closest friends based on who you love being with and who fills your bucket. Who leaves you feeling positive and upbeat, not stressed. Who can you just be yourself with? It's almost going to golf. I want to golf with people I just enjoy being with versus people trying to make it so competitive or so insane. That's probably because I'm not that great a golfer. But but pick people based on who you like to be with, who are reliable. Great friends, who reciprocates with you, who you could count on, reciprocates that they have an interest in you as well as you and them. Don't pick them based on their net worth, their position in life, their handicap, or any other dumb concept. Do you feel each other's buckets? Do you enjoy each other? That's how you pick your friends and who you want to hang with, not on who's going to make you the most successful. A couple of the quick notes we did a great discussion yesterday on Twitter versus reality. If you read Twitter, you think that everybody has to be an entrepreneur or you're a loser. At the end of the day, our country is driven and works because there are 90% of the people that do their jobs, that have jobs, that do a fantastic jobs with them and thank God for them. And then there's X percent that are entrepreneurs and thank God for them too. But this idea that one is good, one is bad is so misguided and so dumb I can't even stand it anymore. Finally, the last concept, and it comes really out of two recent scenarios. Don't start a project and I won't scold the people who got us into the situation, but don't start any project without getting an estimate of what it's going to cost. Most people are going to treat you fairly. A few people, you're going to be shocked like that. Shock and awe. When you get the bill. And you're trying to avoid that. That's what you're trying to avoid, shock and awe and billing. So get an essay before you start and then expect your professionals, whoever you're working with, whether it's a painter, a lawyer, an accountant, whoever it is, to stick with that, you know. And if we've said there's a few people I work with that are always so darn fair, I love working with them time and time again. So God bless those people. Thank you very much for listening to the Becker Private Equity Business Podcast. We hope you have a fantastic day. Thank you very, very much.
