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Armstrong & Getty One More Thing

Hey Elon, Hire a Receptionist!

Armstrong & Getty One More Thing

Armstrong & Getty

News

2.4771 Ratings

🗓️ 11 March 2025

⏱️ 11 minutes

🧾️ Download transcript

Summary

On the Tuesday March 11 2025 edition of The Armstrong & Getty One More Thing Podcast...

  • Jack goes on a test drive that goes awry!  

 

See omnystudio.com/listener for privacy information.

Transcript

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0:00.0

Hey, Elon, take some of those freaking billions and hire a receptionist.

0:03.2

It's one more thing.

0:05.2

Armstrong and Getty.

0:06.5

One more thing.

0:08.1

Oh, poor Elon Musk, taking chickens from all directions these days.

0:12.7

So, quick stock thing.

0:15.3

I am very young in many years from retirement, so I don't follow the stock market on a daily basis.

0:21.9

I mean, I got my 401k.

0:23.1

I got my, you know, my investments.

0:25.1

I assume I don't need to touch them for quite some time.

0:28.3

The way Joe shuddered it, the way you said that.

0:31.1

Very young.

0:33.4

But how many people know this?

0:36.3

The economic growth, the stock market gains of the last couple of years are almost entirely because of the magnificent seven stocks, seven stocks.

0:48.0

Although the records that we set on a regular basis are because of Google, Amazon, Apple, Facebook, Microsoft, and Video, and Tesla.

1:00.9

That's it.

1:01.8

I mean, that's almost the entirety of the giant stock market gain that's made everybody feel

1:08.1

wealthy and all the talk about the successful economy and

1:12.4

blah, blah, blah, all the ripple effects of the stock market records and how great things

1:17.4

are going are really these seven tech stocks.

1:21.7

That is sobering.

1:23.5

I'd say, given that, for instance, Tesla's dropped by 50% since December, and it was built on a gesture anyway, so it could fall on a gesture, I would think.

...

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