Episode 40. The atomic numbers are coming. I don't understand rare gems. They find diamonds in my luggage in TSA.

Things there as they find my edibles and all of a sudden their mind. The 40-yard dash is an important metric in American football scouting.

The true story I tried out for football and college, my notes back were small, but slow. Let's make this podcast big yet fast and near diamond like go, go, go!

Welcome to the 40th episode of the Prob G show. In today's episode we speak with Michael Saylor, the co-founder and CEO of MicroStrategy. He's made a big bet as in a monstrous bet on Bitcoin.

The crypto space since the start of the pandemic and we're going to discuss a state of play and why his company continues to invest millions of dollars into Bitcoin. He's been somewhat of an evangelist for the asset, the currency, whatever you want to call it.

I asked Michael to come on and give us sort of the 4011. Give us the delio, if you will, on the cryptocurrency that is Bitcoin. He's also this big systems thinker that seems to have insight into the future.

Okay, what's happening? Let's be honest, this is the vaccine and the seven doors, meaning that there's really only one thing happening or one thing that is probably we're talking about or discussing. And we should take a moment of pause to praise this historic moment for humanity as the US became the sixth country throughout the Pfizer and BioNTech vaccine. I don't know if it's BioNTech, BioNTech, Vax. Anyways, this is exciting.

The first few states have begun to administer the vaccine. The first dose was given to an ICU nurse in Queens. So we need to keep in mind here the logistical challenges is UPS and FedEx have to safely deliver attempt to deliver the first three million doses of the vaccine to 636 distribution locations nationwide.

This is an opportunity for us to demonstrate our citizenship as we need at least 70% of the population to get not one, but two doses of this vaccine to put an end to COVID 19 and other news.

There really isn't any other news we'll talk about it. The end of big tech, as we know it is coming the FDC and 48 states attorneys general have sued Facebook for its abusive power and anti-competitive behavior.

We have better late than never. We have more on that during office hours. So stay tuned. We also have a full overview, more color, more details, more texture coming up on the PropG YouTube show, our PropG YouTube show on guest it. You guessed it. You too. We've linked to where you can subscribe in the episode description. You're welcome. What a thrill.

So with that, let's move on to stocks and other exciting business developments. We're taking a temperature check on Tesla. The company is expected to begin trading on the S&P 500 on the 21st of December less than a week away and recently announced a $5 billion capital raise for the second time in three months.

Why wouldn't they when the stock is up sevenfold year to date and its market capitalization sits at get this $600 billion. It bears repeating that this firm is now worth more than I don't know. Let's call it general motors, Chrysler, Daimler, Toyota, Volkswagen, Airbus and Boeing.

And it produces about 400,000 vehicles a year versus 24 million vehicles for those automobile firms. Actually, it's probably more like 30 to 40 million for those other automobile firms and I don't know a couple thousand or a couple hundred big boy jets much like we've been talking about how Airbnb is the ultimate brand.

Tesla is also one of the greatest brands ever built with no advertising because of the lot of possibility to drive the narrative. We see that they don't need advertising and by the way, by the way, I still I was on a call last night with a bunch of political consultants that were talking about starting a media firm.

I don't know why I'm avoiding it the Lincoln project. These are incredibly impressive people and their tendency is to start something around media and add agency or communications from and I'm like, come on guys, you don't need to be the tallest midget that shit is over the sun has passed mid day on the era of brand Amazon Tesla Apple.

They all shed the value or gain the value of IPG WPP Omni Common Publacy in a trading day that is anyone starts talking a lot about brand look at them and say, okay, I see a dead man or woman walk and you're going to be out of a job in about 24 months.

The brand is a construct for which we use it as a guiding light for our strategy, which core associations are we going to reinforce and it seems like the only core association recently in the investment world is are we a disruptor yes or no that's kind of the only question that seems to matter anyway.

So, I think this is joining the S&P 500 and why is that a big deal for one thing fund managers who run S&P 500 funds will need to add Tesla to their portfolios according to barons.

There is $5.4 trillion in index funds attract the S&P 500 and these funds will need to purchase an estimated 81 billion of Tesla shares.

My guess is they've already done that this also means one company will be leaving the index.

So, how should Wall Street value the stock? Who the fuck knows don't listen to me. I thought this thing was going to get cut in half.

...