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- [00:02]
A
Whether you're hitting the road this summer or just parking for some peace of mind, AT&T connected Car turns your vehicle into a WI fi hotspot with fast, reliable and secure Internet access. You can connect multiple devices to stream, browse, play games, or get a little work done all inside or in proximity outside of your vehicle. To learn more, head to att.commorningbrew that's att.com Morningbrew requires eligible vehicle service and coverage not available everywhere.
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Good morning Brew Daily Show. I'm Neal Freyman.
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C
And I'm Toby Howell.
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Today you won't believe which country has a booming economy.
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C
Then Apple has unveiled its more sophisticated siri. It's Tuesday, June 9th. Let's ride.
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B
Well, it won't be Knicks in four. Last night the spurs cut the Knicks NBA Finals lead to 2 to 1 with a victory in game four at Madison Square Garden. Still, it was a night that seemed to transcend sports in a way only the super bowl can. President Trump became the first sitting US President to attend an NBA Finals game, causing security nightmare around the arena and eliciting boos when he was shown on the Jumbotron. There were more a list celebrities sitting courtside than the Oscars red carpet and New York City. I have never seen it like this. Walking around last night, you'd think we were landing on the Moon in 1969 with crowds of people clustered in front of makeshift projectors in parks, sidewalks, driveways, watching the game. Everyone's been coveting that third space, a place to gather with others in real life outside of work or home. And at least for this next playoff run, they've delivered that.
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And if you wanted to actually catch the heartbreaking loss from courtside, is it going to cost you a lot of money? Two seats on Celebrity Row were sold for $1 million, making them the most expensive seats in NBA history. And the money actually went to a good cause. The seats were part of a charity auction for the Knicks Garden of Dreams foundation that supports kids. The win bid was split between a law firm and a firm and ended up being the largest single donation in the history of the foundation. Those seats typically are not sold. They're doled out to celebrities like Timothee Chalamet, like Ben Stiller. So it's impossible to know what they actually cost, but apparently the answer is the same price as a good sized home in most of the country.
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And now a word from our sponsor, Sage Toby. Imagine having 5,000 coworkers all in different countries and it was up to you to manage all of them.
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C
Do I get to visit all of them?
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No.
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C
Well, that sounds very stressful.
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Exactly why Sage built AI powered software that can handle H R and payroll across large distributed, multi country employee populations.
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Scaling internationally means dealing with different benefits package, labor laws, tax treaties and reporting requirements. Sage People is built to manage that complexity without drowning HR teams in spreadsheets.
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It's no wonder then that over 6 million businesses use Sage globally across 150 plus countries.
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C
To learn more ahead to sage.com/morning brew that's sage.com/morning brew Apple hosted its worldwide developer conference yesterday, and all eyes were on if it could finally roll out a version of Siri that didn't stink. This event was tabbed as the AI comeback for Apple after a very underwhelming rollout of the technology over the last two years that included paying out a $250 million settlement because it overhyped its AI capabilities. Did yesterday cleanse the pallet? Yes and no. Siri did in fact get an upgrade and it can now do some baseline stuff that it feels like it probably always should have been able to do, like pull information from your personal data. For instance, if your mom texted you a coffee mug that she wanted for her birthday, you can ask Siri, hey, what was the name of that brand again? And it'll search your messages for you. It can also search the web and look at what's currently on your screen. The demos Apple highlighted included looking up concert info, chatting with Siri about the World cup, and setting reminders. Siri also gets its own dedicated app and will be better at holding conversations thanks to an assist from Google who co developed the model. Siri runs on all pretty standard stuff, and that is why its Stock fell about 2% yesterday as the announcements rolled out. Apple essentially shipped a lot of the features it unveiled two years ago, only this time with a pinky promise that they're actually going to make it to your phone. Neil Siri got better, but is it enough to put Apple back in the air race?
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B
This was disappointing, and it was also Tim Cook's last WWDC as CEO before he hands the reins over to Turnus later this year. It was basically just a redux of 2024. Benedict Evans, who's a tech analyst, said the best thing about all these new Apple AI features is that this time they'll ship. Remember, in 2024 they unveiled a new Siri that just never hit phones because of delays, and analysts were really not happy with Apple here, KeyBank wrote. We found Apple's WWDC updates to be lacking. In the context of what we thought was generally a high bar for advancements of Apple intelligence. We saw no clear signs of monetization of AI Apple reliance on Google Gemini, very few use cases where Apple's app integration was materially beneficial. And a slightly better standalone Siri, which is still worse than other LLMs. They think that 2% stock drop really undersells it because before in the day Apple stock was up 3%. So it really fell 5% over the course of this announcement, which really disappointed analysts and everyone else watching.
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C
I'm going to go to bat for Siri a little bit here and say that one of the biggest things that I was kind of tucked away in the announcement is the fact that I can see what's on your screen. The way most people use AI is they screenshot something on their phones, bring that over to OpenAI or bring that over to Anthropic and say, hey, can you analyze this screenshot or whatever you wanted to do initially. The fact that Siri can now see what's on your phone means that it does have a meaningful chance of taking market share from OpenAI. Because now I don't have to go through the rigmarole of screenshotting just right there on my phone. And that convenience, that network effect, the fact that we all have Apple devices in our pockets could mean that you don't need to copy and paste anymore. It already has all your information right there. So that's one potential bullish argument for why Siri can capture market share. The other thing is that grounding it in personal context is a big deal because I mean, I mentioned that mom coffee mug example, but now you can do things like add photos to albums via Siri with your voice, you can send imessages, you can add events to your calendar, you can put places from your maps into a save folder. These are all things that you do every single day on your phone. And if Siri can make that a little bit better, then that is a meaningful leap for a lot of people in how they actually use their iPhone. So maybe not so sexy, but a lot of stuff that makes it better to use your phone, which is what Apple is probably going for.
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B
The bottom line for Apple is whether these, this new Siri, these new Apple intelligence features can cause people to upgrade their phones. Because right now There are about 1 billion people with iPhone models that are 14 or earlier and they don't have Apple intelligence. So if Apple can get those one in people with those older iPhone models to upgrade to a 15 or later that can run iOS 27 that has all of these new features that you talked about. You can screenshot. You don't have to screenshot and put it into anthropic or OpenAI, which is something that I've actually never used AI for. So this is new to me. Then it's a win for Apple. So they need people to upgrade. But from my perspective, the. The features that were released that people that got people talking about actually had nothing to do with Siri or AI at all. Two of them were. IOS27 now allows you to hide your location in Find My without sending a notification to the other person, which I think is huge for a lot of.
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C
Who are you hiding from, Neil?
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A lot of people. And then the other thing is Liquid Glass. Remember Liquid Glass rolled out last year and people did not love this new design language from Apple, so they've redesigned it a little bit. They're giving you a little more control. You can adjust the intensity of the visual effect with a slight lighter. So if it's too globular for you, which a lot of people feel like with liquid glass, and you can make it a little more rigid so the icons appear a little more forward in your screen.
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And you mentioned what are people screenshotting and feeding into AI. What do you think? The last thing I screenshot and fed into AI was obviously it was the top of my golf swing and I said, what's going on here? Something's a little bit off. So that's how people are using AI. I'm sure everyone, millions of people around the world are doing the same.
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B
That was going to be your scorecard from your last round. That was a pretty good round shot of 70. Okay. Yesterday, Chinese President President Xi Jinping arrived in North Korea for his first visit in seven years, and he might not recognize the place. The economy in this highly isolated, brutally autocratic country is low key, crushing it. As the Wall Street Journal reports quote, north Korea is the world's most unlikely growth story, with the economy the strongest it's been in decades. Smartphones are everywhere. So are electric vehicles. Mobile payments are beginning to replace cash on a large scale. So it's not unusual to see people paying for pizza and chicken wings through a QR code system. Cranes are also everywh. According to the Journal, North Korea built 10,000 new homes in the capital Pyongyang last year, which is more construction than either Chicago or Los Angeles. Stephen Hagar, North Korea expert at ucsd, told the Journal that the country's economic Standing is the healthiest since King Jong Un rose to power almost 15 years ago and is likely in a better spot than at any point during the reign of his father, Kim jong Il from 1994 until 2011. It's a remarkable transformation from just a few years ago when at the height of the COVID pandemic, Kim Jong Un cried during a speech on national tv. I am really sorry, he said to suffering North Koreans. My efforts and sincerity have not been sufficient enough to rid our people of the difficulties in their life. But now, Toby, things to seem to be on the up. How can we explain this turnaround?
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I mean, the biggest change is probably Russia's war in Ukraine because that's been a huge catalyst for North Korea's economy. Arms sales, according to estimates, made more than $10 billion from 2023 to 2024. North Kore entire GDP is only around 27 billion. So that is a meaningful injection of cash into their economy. Trade with China is helping too. It hit an eight year high. According to the Wall Street Journal, Chinese consumer brands are now everywhere in North Korea, including their electric vehicles. So those two big trade partners have definitely helped. And the first thing I thought of too is how much of this data can you trust? Like how much of it? I mean, propaganda is a real issue here, but what doesn't lie is satellite imagery. And South Korean researchers say that the economic improvements are literally visible from space. North Korea is roughly three times brighter at night than five years ago, which shows that, you know, a lot of these power facilities are coming online, more electricity is coming online. That is something that you cannot, you know, propaganda ties is the fact that more light means more economic activity.
- [10:59]
B
Yeah, it's a very much a black box to see how North Korea is doing from a GDP economic growth perspective. We just don't know. So you really have South Korean spy agencies going in with satellite data to look at. Yeah, parking lots at stores and other things like that to get a gauge of how North Korea's economy is doing. And I just want to be clear, this has not been a benign transformation. It's been a brutal crackdown that Kim Jong Un has done since the height of COVID until now, really rooting out underground smuggling markets which had largely powered an informal economy. People are distributing K pop or K dramas from the south to the north and Kim Jong Un's basically cracked down. And that said, we need to be self reliant. But to do that, it's been extremely brutal and draconian. You can be executed for carrying a thumb drive of K pop and, you know, selling it to your friends. In fact, there was one 22 year old who distributed three South Korean dramas and 70k pop songs. He was executed in a public schoolyard by firing squad. So it's been a brutal crackdown to dismantle the informal economy and bring it more to self reliance. But at least from a GDP perspective, it's been working.
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C
It also shows that sanctions are just not working as intended because remember, the US and the UN have imposed sanctions since 2017 on North Korea in an attempt to kind of throttle their economy. But if that is not working, that has geopolitical ripple effects because historically the US has always leaned on sanction relief as a key leverage point whenever they've been negotiating with North Korea specifically about their nuclear ambitions. So if that economic pressure becomes a lot less effective, then it means the US is in a much worse negotiating spot. So if indeed the regime is wealthier than ever, then geopolitically, what do you say to North Korea to try to get them to stop with their nuclear ambitions? It really pulls in the whole of the US out of the hole and makes it in favor of North Korea.
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B
And now this Xi Jinping visit. It seems like we know that North Korea is buddied up to Vladimir Putin and Russia with these arms sales since the war in Ukraine. And now it's getting even closer to China, which is its most important trading partner. They've restarted passenger rail service earlier this year. They're putting more flights between the two countries and they want to grow their relationship even more, which is, you know, a new threat to the West. Italy may not have made the World cup, but they might have just revolutionized coffee. Yes. Yesterday the 131-year-old brand Lavazza announced a K cup without a cup, arriving in the US market in August. It's a bet that American consumers care enough about sustainability with their morning brew. Get it to grab market share from the giants Keurig and Nespresso. Here's how this works. First, calling it a cup is misleading. Tabli is in a Espresso tablet that's 100% coffee, no wrapping or coating. It's the result of five years of R&D, more than 15 patents, and an entirely new production facility in Italy. Because making a shelf, stable quality coffee pod without plastic is a lot more difficult than it seems. You won't be able to pop these tabs into your office. Keurig, in true apple form, Lavazza has built its own ecosystem. To make your coffee, you need to buy its Tablis machine which for 99.99 comes with a milk frother and a 60 count variety collection of the tablets. Clearly the company thinks there's tremendous growth opportunity in single serve coffee in the American market, where it's currently a minnow. Four out of ten American adults own a single cup brewer in their homes, according to the National Coffee Association. And almost 9.4 billion coffee pods are sold in the US every single year. Toby, will people say ciao to their Keurig K cups and benvenuto to Lavazza's coffee pucks?
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I don't think so because Lavazza knows who the big kahuna in the US coffee industry is, which is Keurig. Lavazza CEO Antonio Brevilli told CNBC that we are talking about two giants with and one of them we have an important contract with that we are very happy with. He is referencing the fact that Lavazza currently sells K Cup pods through a partnership with Keurig. So I don't think it wants to bite the hand that feeds them currently in the US market. That being said, I think that Lavaz is going to lean pretty heavily into the sustainability angle because remember, that used to be a very, very big deal about single serve coffee pods is that they were encased in plastic and they just were very wasteful. Now a lot of companies have moved into recycled materials, but if you just ditch the plastic entirely, that could restate, restart the conversation around sustainability. So this is basically a bet from Lavazza that consumers still care about pod waste, which maybe they do, maybe they don't. And this is where they think can be their unique wedge into a market that is currently dominated by Keurig.
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Yeah, let's get into the numbers a bit because maybe if you go to Europe or some specialty stores, you'll see Lavazza coffee beans and you can get an espresso there. But it really is small. In the United States. It generates about $100 million in sales through retailers like Target and Walmart. But compared to Keurig, which is a giant in the space that generated $4 billion from its U.S. coffee segment alone in 2025, most of that comes from those pods. Nespresso also has a 7% market share compared to Keurig, which has about a 50% market share. So it is an uphill climb. But Lavazza is there, bringing that Italian premium aura and brand to the US Market. And we'll see. There's been many waves of coffee in the United States. There's a first wave, second wave, third wave, fourth wave. Lavaza is hoping to be a part of the fifth wave.
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C
I think that I mentioned sustainability, but the fact that it has this special concave shape that allows the coffee to expand while brewing and create a thicker espresso foam, that would.
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B
You are a sucker for marketing.
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C
I am because that would work on me. Because the thing I love the most about espresso is that foam. I basically love all foams. I'm realizing like Starbucks is cold foam. That also works on me. But maybe, maybe that is truly what gets people to switch over because I don't like, you know, what comes out of Keurig. Like I think it tastes like a little bit stale. Nespresso does pretty well because it does get that foam. If Lavaza comes with a foamier foam, then that will work on me. Yes, I'm a victim of marketing. I'll say it right now. All right, we're going to take a quick break and come back with Toby's trends right after this.
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Toby, what's one thing spreading faster than AI Matcha?
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C
I mean that stuff is everywhere.
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B
No, well, yes, that too. But I meant AI risk. More AI tools mean more opportunities for something to go wrong. And most security programs weren't built for AI's pace of growth.
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C
Enter Vanta. They're in agentic trust platform used by over 16000 fast moving companies to help ensure they're always audit ready.
- [17:36]
B
Get $1,000 of Vanta today by going to Vanta.com Morning Brewing that's VA NTA.com/morning brew. Toby, do you have any strong assets?
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C
Yes, I have great legs, Toby.
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B
I mean the investment kind. The ones that make up a multi asset portfolio like what you can build on public with stocks, bonds, options, crypto and more.
- [17:59]
C
With public you can now create agents that can monitor the market, manage your cash and execute your trades. Just enter a prompt, approve the workflow and and put your agent to work.
- [18:08]
B
Head to public.com morning brew that's public.com morning brew paid for by Public Investing Full disclosure and Podcast description It's freezing in here. What gives?
- [18:20]
C
I'm trying to preserve my freshness, Neil. Like how IHERB stores and handles their supplements and sports products in gmp, ISO and NSF certified climate controlled fulfillment centers designed to protect potency in product integrity. That way you don't get melted gummy vitamins.
- [18:37]
B
Toby, that only works on supplements and sports products.
- [18:40]
C
Not and IHERB stands behind every purchase. If something doesn't meet your expectations, they make it right with easy returns and simple refunds.
- [18:48]
B
Head to iherb.commbdaily and use code MB Daily for 20% off your purchase. That's iherb.com MB Daily.
- [18:59]
C
Feeling stressed recently? Is life overwhelming you? To stop the hurt, change your Hertz music in the 432 Hertz range is blowing up on Spotify and YouTube for a reason I want to talk about on today's edition of Toby's Trends. Most songs you hear on the radio today are tuned in the 440Hz range. Your ear doesn't really notice this because it's the baseline for most modern music, but 432Hz music lowers the pitch slightly, meaning songs subtly sound softer and a tad less bright. Proponents of these slightly different vibes say that the specific hertz range makes sound feel more natural and calming, even going so far as to say the frequency has healing properties. Is there any truth to it? Some small studies have found that it can lower heart rates, calm breathing, and reduce anxiety, but as of right now, comprehensive scientific evidence remains limited. But that hasn't stopped listeners and artists alike from flocking to the pitch. Radiohead guitarist Ed O' Brien recorded his solo album in 432 Hz. James Blake used the tuning while working on one of his recent albums, and the AP talked to people with ADHD, noise sensitivity and chronic pain who say 432Hz music helps them stay focused, productive and pain free. If you type in 432Hz to YouTube, you'll find videos with over 50 million views. Neil this is part woo woo science but part real. Because at a certain point, if listeners genuinely feel Calmer Listening to 432Hz music, it doesn't matter whether the effect comes from science or the expectation and belief that you'll feel calmer.
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B
Such a fascinating topic at the intersection of art and science. I want to get into the background just a little bit about how this all works without getting too much in the weeds. Typically every orchestra or group of musicians that sound good and in harmony together tunes their instruments to a reference point. And that reference point is the A note above a middle C. So in our orchestra in high school we would get into the orchestra room or before we started I was not very good but playing cello, but before we would start playing we would have the oboist play the a and and that's what you would use as a reference point to tune the rest of our strings and everybody else in the orchestra would use that particular note. But what is that A is the question and it's just A frequency, it's the number of sound wave cycles that vibrate in a single second, which is measured in hertz. So 440 hertz means its vibrations are striking the air 440 times per second. Now, the standardization of 440 is relatively new. It's just 80 years old. In Mozart's day and Beethoven's day, in Bach's day or wherever, who's playing an instrument or in a group together in the 1600s, 700s, 1800s, basically just did it locally. Like, okay, we're all just going to this particular reference note, we're all going to this a. But in 1939, a bunch of people, experts across the west got together in Europe and said, let's standardize this. All of all our orchestras and all our bands across the world, let's just go with a is 440Hz. And that's where we are today.
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C
That was a big scientific lesson. But the reason why I think it's so popular today might not have as much to do with science as it does just with culture. Because, right, if you just think about what is calming and think about what is not. Our brains associate sound with emotion. Obviously when people are calm and relaxed, their voices tend to be lower in pitch. When they're excited, stress or energize, their voices become higher in pitch. It takes one to no one there. Because of that, lower pitched music can feel more soothing and relaxing to many listeners. So whether it's the actual exact frequency that makes it, just the fact that it sounds a little bit lower makes it be perceived as calmer. So again, there is a lot of people say like you can see this specific frequency in the universe, like it's, it's something that is found in nature, but in reality it's probably just things that are lower, feel more calming. And that's why people feel calm. Listen to this music.
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B
But it's true that for millennia, astronomers and people have studied the cosmos, have have waxed poetic about particular vibrations or music coming from the universe or the planets. I mean Pythagoras, as far back as him, he said, there is geometry and the humming of the strings. There's music in the spacing of the spheres. Johannes Kepler, who was a 17th century astronomer, said that the solar system was composed of two bases, Saturn and Jupiter, A10 or Mars, two altos, Venus and Earth and a soprano, Mercury, who had sung in perfect concord together. So whether this is 432Hz or 440Hz or whether 432Hz is a particular God frequency which some consider it along. You know, you can trace these conspiracies, go back to like the Great Pyramids and the Pythagorean theorem and the golden ratio and you can get really deep in the weeds, which I absolutely plan to this weekend because it all sounds very interesting either way. There has been just people have been thinking about music and the cosmos and the link between the two for a really long time. It's a fascinating topic.
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C
All this for you to just listen to rain noises when you work so you're not even in the hertz range. You just like nature sound.
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B
But if you want to see how this works, I mean it's a very small difference between 432 and 4. 440 we I played you Bohemian Rhapsody and 432 versus 440 and I like the 440 better. Right. That's what I'm saying. 440 is for a reason, but you can tell it. It's like your ear will pick up on something slightly different, but maybe you won't be able to tell what it is. So a pretty good experiment to try at home.
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C
All right, let's bring to the finish with some final headlines. Open Air has turned the wave of IPO announcements into a tsunami. The chat CBT maker confidentially filed paperwork with the SEC yesterday, then immediately made it not confidential by issuing a press release saying we expect it to leak, so we're just announcing it ourselves. Though the timing is not set in stone, it looks like they are targeting a date later this fall, which puts it a little behind rivals like Space X who goes public this week, and Anthropic, who filed before OpenAI did. Despite staring down questions about its massive spending, reports of missed growth targets, governance issues and lawsuits galore, OpenAI is plowing ahead with a public debut that should put it in the trillion dollar valuation range. Neil, not one, not two, but now three potentially decade defining IPOs all clustered around each other. It's going to be a hot IPO summer and fall.
- [25:18]
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What separates OpenAI from the other two companies? I mean all of them lose money, but OpenAI loses money at a rate that you just can't even believe. It would dwarf any other public company in history the way they are lighting money on fire and expect. They expect to spend $121 billion on computing power for AI in 2028, which would mean that they anticipate bur $5 billion that year, even if they doubled sales from the prior year, which they Expect to. So it wouldn't be the first company that's losing money to go public. I mean, the most famous example of this is Amazon, which lost money six years after it went public. And people were wondering whether Amazon would ever be profitable. So neither Anthropic or neither Space X nor OpenAI is profitable, but OpenAI will face a lot of questions about how they eventually want to be profitable as a public company. More than two years after being convicted of one of the biggest frauds in history, Sam Bankman Fried wants a presidential pardon. Yesterday, the former crypto mogul who stole billions from customers formally applied to the DOJ for a pardon after completion of sentence, which means his convictions will be tossed aside after he completes his 25 year prison term. The pardon request isn't surprising given SBF has recently been vocal on social media and in interviews in support of Trump from his low security prison in California. However, despite numerous other pardons handed out in his second term, Trump has given no indication he'd do the same for sbf. In an interview with Fox, SBF acknowledged it would be obviously, you know, ultimately up to the President, not up to me.
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C
It is interesting because he is going for a pardon, not a commutation. A commutation shorten or ends your prison sentence. So even if he was granted this, he wouldn't get out of prison early. And it is interesting too because there's a little bit of a paradox here because he's, he's appealing his conviction currently and arguing that he's innocent while also applying for a pardon, which generally says that you are accepting the validity of the conviction. So he's talking out of all sides of his mouth right now, pulling on all levers to try to, you know, wiggle out of this prison sentence. But it's not looking likely because even though he has done all these posts on social media, Trump probably remembers that SBF was a massive Democratic donor going leading into, you know, the fall of ftx. So I don't think think it's something that's on his radar right now. Or SBF is not very high on the list of potential, you know, pardons that are coming across his desk.
- [27:41]
B
Finally, Tom Brady's got a new business venture, Good nut, which of course is a premium line of organic coconut water. What else were you thinking? The seven time super bowl champ announced the brand in partnership with Gopuff, setting his own obsession with hydration as inspiration. Coconut water is a booming category with the market expected to reach $11 billion by 2030. And Gopuff says that coconut water sales on its platform spiked 115% year over year. Still, this seems intentionally provocative. The tagline for Brady's Good Nut brand is it's a delicious mouthful.
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C
I think that it's smarter than, you know, the jokey name suggests because you mentioned that 115% year over year growth of coconut water sales on Gopuff's platform. That is a very juicy nugget of consumer data that only Gopuff has, you know, access to. So the idea of building brands on top of this data that you have is something that is smart. Leveraging Tom Brady's star power to do that. They've already done a collaboration in the past. They launched Goat Gummies, which is an organic vegan gummy snack brand. So moving from insight to actual product, using Tom Brady as a vehicle to do that, despite how funny the name is, I do think is a smart plan for Gopuff going forward. I will try it. I'm a big coconut connoisseur or not connoisseur. I just love coconut water as well. And I have tried every single brand out there. So it's going to stink to have to order Good Nut and say, I
- [29:08]
B
mean, like, would you go into a grocery store and grab and walk around in public with it?
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C
Okay, well, yes, probably still, I don't know, like, the name itself is secondary to how it actually tastes. Because I'm not kidding. I've literally tried every single coconut water brand out there. If it's good, then absolutely I'll be drinking Good Nut. Victim of marketing again.
- [29:28]
B
That is all the time we have. Thanks for starting. We got to save that one for the end of your show. That is all the time we have. Thanks for starting your morning with us. Have a wonderful Tuesday. To share your thoughts on the episode or anything else, send an email to Morning Brew daily at Morning Broadcom or DM us on Instagram at me Daily Show. Let's roll the credits. Emily Milian is our supervising producer. Raven Lou is our senior producer. Our producer is Olivia Graham and our associate producer is Olivia Lake. Technical direction by Nina Miller. Hair and makeup is not getting a pardon from us for missing shows. Don't even ask. Devin Emery is our president and our show is a production of Morning Brew.
- [30:02]
C
Great show, Daniel. Let's run it back tomorrow.
- [30:12]
D
Early on Investing is a heart because of math. It's hard because you don't know who to trust and where to begin.
- [30:18]
E
This is the Investing for Beginners podcast. Each week we break down Investing in plain English so you can make smart decisions without getting pulled around by the noise. Now we're turning into 401k. To your point about like having Berkshire Hathaway, that's very much like a mutual fund, like the economy. And you get really, really nice compounding, which can build you serious wealth. Always keep your eyes open. You never know where your next idea can come from.
- [30:42]
F
And we do Q and A episodes, we with real questions from listeners. Because if you're wondering, you're not the only one. Today is going to be based around a listener question that I received in that was a little bit more in depth than some of them.
- [30:53]
D
I'm Stephen Morris.
- [30:55]
E
I'm Andrew Safe.
- [30:55]
F
And I'm Evan Rake.
- [30:56]
D
If you want investing explained clearly, listen to the Investing for Beginners podcast. Wherever you get your podcasts.