👟 “Dad Shoe Destiny” — New Balance’s renaissance. Ulta’s Warren Buffett win. Sports Betting vs. Stock Investing.
The Best One Yet
Nick & Jack Studios
4.7 • 9.5K Ratings
🗓️ 28 August 2024
⏱️ 29 minutes
🧾️ Download transcript
Summary
New Balance just passed Under Armour in sales… because of its Dad Shoe pivot.
Warren Buffett’s newest investment? $260M in Ulta Beauty… because Ulta changed how ya buy makeup.
A wild new study breaks down a big new tradeoff… Every $1 in sports betting is $1 not invested.
Plus, only 11 states have a single area code… and 603 New Hampshire is fighting to remain one of them.
$DKNG $ULTA $UA
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About Us: From the creators of Robinhood Snacks Daily, The Best One Yet (TBOY) is the daily pop-biz news show making today’s top stories your business. 20 minutes on the 3 business, economics, and finance stories you need, with fresh takes you can pretend you came up with — Pairs perfectly with your morning oatmeal ritual. Hosted by Jack Crivici-Kramer & Nick Martell.
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Transcript
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| 0:00.0 | This is Nick. This is Jack. It's Wednesday, Saliche Wednesday, August 28th. |
| 0:06.7 | And today's Pa, this is the best one yet. It's a T-boy. The top three pop-business news stories you need to know today. |
| 0:14.1 | And Jack, today's podcast, it's very demure, it's very mindful, it's very fantastic, would you say? |
| 0:20.7 | Well, did you know today is National Red Wine Day? Red Wine also |
| 0:24.4 | varies in Muir, also very fantastic, but three stories for today's show. What do we |
| 0:28.8 | got on the project? For our first story, New Balance just hit a big sneaker milestone. |
| 0:34.6 | New Balance passed under armor in sales. |
| 0:37.0 | So Jack and I will tell you how New Balance pulled off a dad shoe pivot that would make your |
| 0:41.6 | Pops proud. |
| 0:43.0 | For our second story, Warren Buffett just bought nearly $300 million of stock in |
| 0:49.0 | Alta Beauty. |
| 0:50.0 | Alta Beauty, because fundamentals, they're like foundation. |
| 0:54.0 | They make you look beautiful. |
| 0:56.2 | And our third and final story is a study that honestly Nick and I find kind of concerning. |
| 1:01.5 | Legalized sports betting is replacing the stock market. |
| 1:05.4 | But Yetes, before we hit that wonderful mix of stories, |
| 1:08.6 | fantastic mix of stories. |
| 1:10.6 | Hold the phone, Jack, I and getting the call, baby. |
| 1:13.2 | Yeah, it is, what's the most meaningful number in your life? |
| 1:15.9 | It isn't your birthday, it isn't your address, it is not even your social security number. |
| 1:21.0 | It's your area code. The most important number in your life is your area code, isn't it, Jack? |
| 1:27.6 | Your family still has a landline that's 212, the original New York City number. |
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