Host (3:42)

Jeopardy.

Co-host (3:42)

Yeah.

Host (3:43)

Couldn't bake up the court. Tom Donovich, who was one of the leaders.

Co-host (3:46)

Who was one of the leaders in Afghanistan in their fight against the Soviet Union that the United States of America funded.

Host (3:56)

Get it right, young Scrap.

Co-host (3:58)

You guess.

Host (3:58)

Try it, boy.

Co-host (3:59)

Osama bin Laden.

Guest Expert (4:05)

Is that a YouTube privacy.

Co-host (4:07)

No, no, that's a historical fact. That's, that's not controversial. That's historical. No, that's, that's documented.

Host (4:11)

That's a 60 minute special.

Co-host (4:12)

That's documented.

Host (4:13)

Like, for sure.

Co-host (4:14)

But you know.

Host (4:17)

Jesus, that might not be in the global. That should be in the global studies curriculum. Should know that.

Co-host (4:23)

Okay, so at the end, so at the end, everybody's happy that they won the war, right? And Charlie Wilson, and not the Charlie Wilson that we know. Charlie Wilson was a, A senator.

Host (4:41)

Not OG Not OG but he was.

Co-host (4:43)

Telling, he was lobbying the Congress that, look, we need to, we need to support Afghanistan, help them rebuild their country. Because if not, it's a vacuum and it's going to go into chaos and they're going to end up hating us. Nobody took them serious. They never gave any money. They didn't rebuild the country. They just left them alone and just said, yeah, you're on your own now. The rise of the Taliban comes directly from that say that. To say, you never know in life. You got to be patient. You got to be patient. What looks like a blessing could be a curse. It looks like what looks like a curse can be a blessing. When this whole Ozempic thing started to go crazy, I said, listen, most good things have some level of negative side effect. Let's see what happens. I just had a strong suspicion that if people are losing weight this quickly, there's a negative trade off. And that negative trade off would lead to billions of dollars in lawsuits down the line. Lo and behold, one year later, that's exactly what happened. Stock went from $142 to $54. Currently fell off a cliff going blind. That's crazy.

Host (6:02)

Yeah.

Guest Expert (6:03)

Probably we've ever seen for a publicly traded company too.

Host (6:07)

In that space inside the lawsuit Here are the, the side effects that are actually going to be part of litigation. Stomach paralysis, intestinal blockages, persistent vomiting, GB issues, pancreatis, kidney damage, and sudden vision loss linked to a condition called nyon.

Co-host (6:26)

The vision loss is. That's crazy. Yeah, that's crazy vision. You, you taking medicine to lose weight and then you just can't see one day.

Host (6:35)

Well, you're taking it for diabetes first.

Co-host (6:37)

Well, most people, then they figured out most people just started taking it just to lose weight.

Host (6:41)

Yeah, yeah.

Co-host (6:43)

Now I'm very sensitive that obesity is an epidemic in our nation, in our community. So I don't want to be insensitive to anybody that has taken ozempic. Yeah. But nine times out of 10, when you're doing things and you, and you're, you're cutting corners, it's going to come back. It's going to come back.

Host (7:05)

So their defense, and I'm not here to defend them, but inside the, the litigation says, they're saying that yes, all drugs do come with side effects, but they're act. They're actively suing pharmacies for producing unapproved versions of the, the GLP1s. So people were getting the off brand is what they're saying. Right. Like you weren't getting.

Co-host (7:26)

Wegovy got cut twice.

Host (7:28)

You can't get stepped on.

Co-host (7:29)

It got stepped on. You know what's so crazy? Too like shout out to my guy Chocolate. He's a designer from Ghana. So he came to America for Invest Fest and I saw him the first day that he came and he had a headache. He was with him and his other guy and I'm like, yo, you need an Advil. I got Avil. And he was like, he's like, we're gonna take Advil. He's like, from Africa. Like, we're gonna take a natural route. Then he gave me a whole 10 minute education on a natural route and how you, how you can cure headaches naturally. But the way he said Advil, you would think I offered him crack cocaine. But that goes back to our Western. We have so much medicine that we don't even think about, think about it. We don't think about what's natural. We don't think about how can we do this organically. We just think, yo, all right, I'm just gonna go to CVS and I'm gonna get right until, until you, until you have these side effects. So be, be careful to anybody that's taking these drugs because obviously it has a lot of negative side effects. Now, as far as a Business is concerned. Novo was a stock that was flying high and it's come down dramatically. Is it over?

Guest Expert (8:46)

No, it's not over because I don't want to do the dead or alive thing. Are they in critical condition? Yes. Like going back to best in class. At one point I had people telling me Novo was a better company than Lily. How also too write this down. You have to study the history of the category. Any company that is has a product that is publicly traded that is guaranteed to have you lose weight. Going back to fin fan of the 1980s and 1990s this category normally has been a disaster. Novohack back in the day like this entire class of rapid result weight loss. The issue is always heart or stomach issues or liver issues. So it may have a blockbuster rise for a little bit but it's not sustainable. The things that makes Lily different they have a bunch of other drugs, world class executive leadership and different moats that Novo does not have. But if you go to look at the history of these going back to the 19 not going back to 1964 within seven years there's lawsuits or collapse in the stock tied to weight loss products. It's not natural like and then even GLP ones the venom from agila lizard being distracted. I saw that it's not probably so you're putting but that was for my Christians. You're putting lizard and snake venom in your body to get the weight of the world off of you.

Host (10:19)

Yeah.

Guest Expert (10:20)

That makes no sense. Yo. I don't even want to go into the nefarious reptilian lord world view.

Co-host (10:27)

But.

Guest Expert (10:29)

That'S not what I want to do. Knowing the source of the thing is really important. So this space is a whole is not one that I like to even look to invest in long term.

Co-host (10:41)

The.

Host (10:41)

The snake thing is a little bit exaggerated A little bit. A little bit. I did the deep dive into that. I was because I was interested. I'm like wait, hold on. This is crazy but is Novo dead? No, they're not dead. Five years ago they were trading at $30. Think about that.

Guest Expert (10:58)

I'm about say they may get back.

Co-host (11:01)

On the verge of that now can.

Host (11:02)

I land the plane? I land the plane. They were at $30 right before the weight loss craze happened. Right. They Ozempic was the name. It almost became like Band Aid. And then obviously Lily has come in the problem. And I think you laid it out pretty nicely. The one thing that they don't have is they're not an American company for.

Co-host (11:22)

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Advertiser (11:42)

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Host (12:18)

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