A Random Watch Down Wall Street: The Founder
Animal Spirits Podcast
The Compound
4.7 • 2.1K Ratings
🗓️ 9 March 2020
⏱️ 28 minutes
🧾️ Download transcript
Summary
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| 0:00.0 | Welcome to Animal Spirits, a show about markets, life, and investing. |
| 0:05.0 | Join Michael Batnik and Ben Carlson as they talk about what they're reading, writing, and watching. |
| 0:11.0 | Michael Batnik and Ben Carlson work for Ritholz Wealth Management. |
| 0:15.0 | All opinions expressed by Michael and Ben or any podcast guests are solely their own opinions |
| 0:19.7 | and do not reflect the opinion of Ritholz wealth management. |
| 0:22.4 | This podcast is for informational purposes only. not be relied and the on today's a random watch down Wall Street. |
| 0:35.0 | We watched 2016's The founder |
| 0:39.0 | with Michael Keaton based on the true story of |
| 0:45.4 | McDonald's, can we call him the founder? Isn't that ironically the name of the movie? So about the guy who helped turn McDonald's |
| 0:52.2 | into one of the biggest restaurants in the world, |
| 0:55.4 | Ray Krak. |
| 0:57.0 | All right, I'm coming out quick of the hot takes here. |
| 1:00.2 | Ray Krak is to the 1960s as Mark Zuckerberg is to the 2010s. |
| 1:06.5 | Ray Crock is the original Mark Zuckerberg. |
| 1:09.0 | Very good. |
| 1:10.0 | If you have not seen this movie, it sounds like they kept pretty good to the actual story. |
| 1:14.4 | So there were two brothers, the McDonald brothers, who started a small restaurant in San Bernardino, California, and there was no fast food in the 50s or 60s. |
| 1:28.0 | How did people survive back then? I guess they didn't have anything else to do most of the time, but I mean people just waited a lot for everything |
| 1:35.3 | Come on they had nothing to do I mean they just they talked about how that you'd go to a drive in and they'd have the person bring the food up to your car and |
| 1:42.8 | it would take a minimum of 20 minutes. |
| 1:44.3 | These McDonald brothers figured out, why don't we try to do things faster? |
| 1:47.7 | And we'll get into the categories because I think this was by far my favorite scene. I thought the best scene of the movie. |
... |
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