Activist Investor | Group Chat News Ep. 740

Group Chat

News, Entrepreneurship, Business

4.8 • 1.5K Ratings

🗓️ 17 February 2023

⏱️ 59 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Today, Dee and Anand discuss the impact of rising wholesale prices on inflation and how it affects the economy. They also explore record-breaking consumer debt and its connection to increasing delinquencies. Shopify's falling stocks and Instagram's move away from live shopping are also on the table. Additionally, they look at Hasbro's bleak future forecast and DocuSign's plan to lay off employees. Finally, they discuss Coca-Cola's revenue rise and the growing health concerns in East Palestine, Ohio, after a train derailment. Stay tuned for this week's Winners, Losers, and Content.

- written by ChatGPT

Timeline of What Was Discussed:

Shout out to USC! (2:34)
Why not tank the market? (10:34)
Record consumer debt. (13:22)
A stock Dee wished he would have shorted. (17:02)
Instagram is getting its focus back. (21:26)
The toy giants are falling out of favor. (25:07)
DocuSign’s latest round of layoffs. (28:36)
If you’re in a WeWork, renegotiate your rate. (30:44)
Nothing is stopping Coca-Cola. (34:06)
The infrastructure of America is very nerve-wracking. (39:54)
Winners, Losers, and Content. (47:04)

Transcript

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0:00.0	Ladies and gentlemen welcome back to group chat number one podcast in the world. We have a hot hot episode and there's nothing hotter than inflation piping hot piping piping hot
0:14.8	Looks like interest rates are going to go up continue to go up. They may never stop going up layoffs are piling on
0:22.6	There's one company in particular is my new palatine. Mm-hmm
0:27.6	I'm I might have to become an activist investor if someone will give me a billion dollars. I can become an activist investor get a board seat
0:35.4	Get a board seat make some changes and make some big changes these changes. I'm asking for of this company
0:42.3	You should hit up Nelson Peltz. He's the famous activist investor. Oh
0:46.2	Nelly Nelly. I'm gonna hit up Nelly. He did that to Disney. Oh, yeah, and he retracted
0:52.8	Make a shine shine right one of those letters. You should I'm gonna own one share of this company as a shareholder shareholder
0:58.8	I am disgusted by the way you've handled yourself. I will yeah, you should do a TikTok video. I'm gonna have a
1:04.8	Page I'm gonna chat GPT right me a little activist. You should read it on TikTok and put it on page. Yeah
1:12.4	All right, I'm not every employee is on TikTok. Oh, you're just ruined the hype of what I was gonna. Sorry edit that out
1:20.3	Or bleep it bleep it bleep it. Okay. All right, and as always chatty Kathy club members make sure you hit up the discord
1:28.2	It is very active. I had to spend 30 minutes just catching up from the days post
1:34.1	Check it out. There's a lot of people meeting each other. A lot of interestings happening if you have not joined the chatty Kathy club yet
1:40.9	Then head over to chattycathyclub.com join then the discord link is there
1:47.3	Excited to continue to engage with everyone. And of course, you know what I haven't plugged this in a while
1:53.0	And I realized people don't even know that we we still do it every Saturday. We have our run club
1:58.7	On Santa Monica Boulevard and Doheny. We've been doing it for five and a half years now
2:05.7	9 a.m. Saturday. It's at the water fountain
2:08.7	So if you're in LA or you're so happy to be in LA this weekend or come it or you're planning to be here every Saturday
2:15.1	Santa Monica Boulevard and Doheny at the water fountain. We run three miles. It's easy. I'm pushing a stroller
2:21.0	It's not that hard. We'll see you out there. Let's get into it
	...

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