He made $100m betting on the NBA… here’s how

23:30Like a bad year for me on the NBA, I think it was like six or seven million. Average year is probably eight. And in the early heydays, I made more money than I, yeah, than I, but I was also, I made some mistakes afterwards. But yeah, definitely. In your personal life, are you living a life of a 28-year-old rich guy? I mean, are you spending seven figures a year in personal like - No, no, no, no. Okay, not that crazy. But I did other business. I tried other business things. I helped out some family. I bought a property in Montreal. I bought some stuff for my - Yeah, I mean - So you're not, you kind of overplayed.

24:06It doesn't seem like you're being irresponsible. No, I was just like, I just think life is short. and what's the point of how money feeds and spend it? But I don't spend it. I spend it on experience. I spend it on experiences. I'm not a flashy guy. I don't drive a fancy car. I don't wear jewelry. I've never had a watch. I've never had any expensive. I'm pretty basic in my clothing. Just like a lot of NBA players end up going broke or NFL players end up going broke in their later career. One of the crazy things about, I grew up idolizing Phil Ivey and a lot of poker guys, basically. And once I got into the world of business and investing, it's like, okay, this was kind of like what real wealth looks like.

24:40and I realized that a lot of the guys who were really great poker players, really great gamblers that you thought were really great gamblers, I don't think they were as successful as I thought. I don't think they made as much in their peak and I think they lost a lot along the way or they had huge downswing somewhere along the way. As far as you know, did you do the best? Are you the most successful sports better that you know or were there people better than you that made more than you? Billy Walters is very, Billy Walters had the biggest, my edge was, I had to scrap for my edge because Billy Walters had the first computer program when they were using giant, these old Westinghouse machines to feed the information on those giant cards for computer programming.

25:27And they had a computer program. When the Vegas odds makers would just sit there and sit around a table like, I think the line should be seven and a half. What do you think, Jack? I think it should be around eight and a half. And then Billy Walters' computer guy is like, no, it's like 4.3. He's the right price on this game. So they had like the best edge ever. He made a lot of money, super successful. And Billy Walters, I think I saw a 60-minute special on him. Is he the, he's a Southern guy? Yeah, he's a Southern guy. Yeah, I read about him, you know, I saw the 60-minute, and he was exactly like I thought he was going to be.

25:58Like he seemed like a fast-talking, wheeling and dealing. No, no, no, not a fast-talker. Opposite. The number one thing Billy Walters had going for him is he's from the South. and if you're a gambler, one of the greatest things you can have going for you is people thinking you're not as intelligent as you're actually. I guess I shouldn't have said fast talking. I guess I mean like charming. Oh, yes. Yeah, I know. But he's like, well, I'd like to make a bet if I could. I mean, I'd like to make a ball game. But the thing about Billy is like people underestimated how sharp he was early on, but he's as sharp as they come.

26:28Did you have any, you know, like in the movies where it's like at some point the casino's like facial recognition. They're like, don't let this guy bet anymore. Tafe you in the back and bruise you up a little bit. Did you ever run into problems with winning too much? So the way sports betting works, you're not usually betting in the casino. You're betting with like, back then when I was at my heyday, you were betting with literal street people that had corner bookmaking operations. The casinos are for losers and people who can't win. And if you win, they'll just not let you bet anymore. and so you need to find a way to bet on credit through like you need to find someone who's going to play a game of telephone with you who's going to take your bets and then maybe bet more later or thinks you're a loser or you find a sock, like my big business like nobody knew who I was nobody knew I was winning money betting because I was never the guy making the bets I'd always find what's called a beard who would make my bets for me and so I've had numbers of like numerous beards throughout the years who were making my bets for me Either they were really successful business people or degenerate gamblers or Hollywood people or Floyd Mayweather, who's a beard for half an afternoon for me.

27:41How did that go? Yeah, he just wasn't... He was too difficult to work with. He's got so much money and he's not... Just impulsive? No, he'd been hit in the head for most of his life. How much? Couldn't he have just piggybacked off your bets? He's a huge bankroll. Couldn't he have just piggybacked off your bet? I think Floyd was already moving for someone else, whether it was Billy Walters or someone. For sure, someone got into Floyd and Floyd making those bets. Nobody posts their bets on Instagram for millions and millions of dollars unless there's an angle, whether they're sponsored by the casino.

28:18I think he was moving money for someone. I sat next to him at a Miami Heat playoff game and my friend who was sitting next to me took a liking to her. and so they became friends and so we somehow had a situation where for an afternoon, his business guy and I were talking and Floyd was going to make the bets but it just didn't work. I told him I wanted to bet one game and they said, no, we like the other side and I was like, that's cool but can you please go bet this one for me? And they're like, no, we don't want to do that. We want to bet the other side and I was like, okay, well then we'll just bet against each other.

28:51You bet that side, I'll bet this side and they're like, no, but you always win. We can't do that. And I was just like, yeah, I can't deal with this anymore. So that was it. Is the motivation on all this getting rich or is it getting a rush? Is it an intellectual challenge? What's the motivation? It's not a rush. No, the rush is like, I'm not a rush guy. I think it's the intellectual challenge. Also, I realized as I've gotten older that I take pride in putting myself in really, really stressful situations and seeing how well I perform. That's probably a weakness of mine is I'll put myself in these really stressful situations without knowing it, but I'll do that.

29:31What's an example of that? Like being all in Bitcoin since 2013, like for 160 to 170 % of your net worth at various different points in time. 160, so you borrowed? Yeah. So betting on sports and making money was challenging. And in terms of your winning money, like I was living in Canada at the time. I was betting all over the world and having to receive money from people all over the world. My bank accounts were constantly getting closed. Even in Canada, I was like, I'm a professional gambler. This is what I do. I pay my taxes as a professional gambler. It's one of the few dummies in Canada who actually, because in Canada, gambling is considered non-taxable.

30:12I was one of the few people who actually paid tax on their gambling winnings in Canada because I was considered an expert. I didn't have to, but I did that. Probably stupid on my part. But yeah, so just that and then seeing how easy it was to move money with Bitcoin. And then the other part of it was later on in life, I left Canada after I got tired of paying taxes in Canada and I moved to Monaco. And that entire principality is built on minimizing your tax exposure. You're looking at flats that are like the current places in Monaco now that just got built are$85,$90 million for a 3 ,000 square foot condo.

30:54It's the most expensive real estate in the world. And the only reason it's that expensive is because there's a limited amount of land and everyone lives there because a tax is zero, zero tax. And so my point is, is that that whole, that's like a Swiss bank account move. But whereas there's a lot of people, whether they're, whereas Bitcoin, you can, you don't have to invest in Monaco real estate to hedge. You can have your money in your pocket. You don't have to worry about a bank. You can move money without any intermediates, any permission. Even the bank accounts I had, whether they be in Monaco or Canada, they'd always been like, why are you sending this money?

31:27Where is it going? Why did you get it? Now it's even worse. That was part of it. I like the math behind it. It made sense to me as a math guy. I'm an independent guy to begin with. I didn't really click for me until later on. I heard about it maybe five or six times before it finally clicked. It finally clicked because I was betting with someone in China who had had a really difficult time in paying me money. Also, I was living in Vancouver before I moved to, and my entire apartment building was owned by Chinese expats who were literally laundering their money in Canadian real estate. None of them lived in my building.

32:04The entire building was empty except for six people, but the entire building was sold. At all of Vancouver, if you've ever been to Vancouver, Canada, It's an entire money laundering operation. The real estate is all owned by foreign people trying to escape regimes that are just capital flight. So Bitcoin just made sense. Okay, I'm going to go buy a condo in Canada or I'm going to buy some Bitcoin and put it in my wallet to escape some total, some regime, some capital flight. So were you taking the 10 million gross earnings and just going straight to Bitcoin? No, then I was trying to get paid by people who owed me money.

32:40and so the first time I ever acquired Bitcoin I had a gentleman that I met playing poker who got me a bunch of accounts in China to bet on NBA basketball or Asia, let's say. I don't know where it was exactly but somewhere. And he was like, it was 2013-ish and I was like, hey, how are you going to send me money? At some point we had an HSBC account in Hong Kong and he's like, I can send you Bitcoin. And I was like, Bitcoin, really? You guys like Bitcoin? I think the price was around$180 at the time. He's like, yeah, everyone in China loves Bitcoin. And I was just like, well, if everyone in China loves Bitcoin, maybe I should love Bitcoin too.

33:16Like, why do they love it in China? And he's like explaining to why everyone loves it and how great it is. And so that was it. So I bought it. Then it very quickly went to 600, then 1 ,000, like very after. And then it slowly went down to about 150 after I think Bitfinex got hacked after that the next summer. But that's when I got involved. And it clicked for me instantly. When I was all the situations, moving to Monaco for taxes, seeing all of the real estate in Canada being super expensive for native Canadians especially in Vancouver because of especially people from Asia buying real estate and just holding it and not doing anything with it.

33:49And I was just like, why would you? Michael Saylor now has a really good view on it. It's like, why would you ever own real estate? You're at the mercy of the government who can change the rules and change the taxes or you could just buy Bitcoin. So that was it basically. When you're dealing with, I'm not saying that you're shady or you ever do anything illegal, but as an outsider, when I hear about gambling, I watch the movie Casino and I think of Mafia and whatever. When you're owed money, and I had read stories how you were owed money and you talked about it, what's up with the gambling culture?

34:25Do people actually pay their debts just on a handshake agreement? Yeah, I think I had an advantage. Just to be clear, I lived in Canada, gambling was legal, I paid my taxes, I wasn't doing anything illegal. Some of the people who I'm, my customers are all breaking the law because they're bookmakers. I'm not the customer, I'm the shark, they're the sucker, I'm winning the money. They may think that I'm the customer, but really I'm not. So for me the hard part was like, okay, Revenue Canada wants 57 % of my money as my partner, but they're putting all my customers out of business. by making it hard.

35:02So that was part of it. To answer your question, is it hard to get paid? Yeah, people lose money. Because I'm betting through intermediaries for the most part, I think part of the deal is you have to guarantee the money when you're making the bets. And people would go out of their way to guarantee me, not because they're afraid of me, because why would they be? I've never ever done anything to get money other than be annoying. But if you knew that I was always going to win and if you didn't pay me, you knew you were not going to get my bets anymore, You might go out of pocket to make sure your relationship with me was good, knowing that eventually you're going to make the money back if you're smart enough.

35:38If you're smart enough, you'd realize, why would I step for Alibos? Alibos is going to win. We're going to win it back next year. I'll go out of pocket. We'll figure out a solution. That's generally what happened with me. That's a good threat, though. Look, I'm going to call you at least five or six times to get paid. I know. I was pretty bad at it, to be honest. The way to get paid is to be the most annoying person in that person's life. so I had a famous poker player who was like a really good dude but he was for sure a degenerate and he owed me money and not like this guy Eric Lindgren he talked like he that's what I was referring to yeah yeah and I would just like if he won a tournament I would like get on a plane and just like be there when they paid him I would just like hand out but you also have to be like kind of like understanding that this guy needs to live his life and also have some money But he was a guy who at the time owned a piece of Full Tilt.

36:32So they had all this imaginary money. They thought they were all going to be so rich. And so you didn't really worry about getting paid because you thought eventually they'd get paid by Full Tilt Poker. But then Full Tilt Poker got shut down. So all these guys. Anyways, yeah, that's what you do. You just be annoying. What inspired you to buy the soccer team? So how long had you had that idea before you end up doing it? I wanted to buy an NBA team. And then I saw the sausage was made. And I was like, yeah, the NBA is not for me. What do you think about that? Why not? For one, the franchise valuations are going up and up and up.

37:05It's a very, very, very difficult business to buy because you're competing with the richest people in the world who want these assets. So it's very difficult. And then I just started finding the sport not that interesting anymore after seeing how everything was... I think the bubble for me kind of ended it because it was during that time when the league became like, which is cool because the league was primarily, it became almost like a social cause and I thought that's good for society in some ways if you believe that. But for me, it just became too much. I just wanted sport. I just like sport.

37:41So around that time, I didn't want to, I think where the NBA maybe missed things is I think a lot of people wanted to escape during coronavirus into sport. Okay, forget about other people. I wanted to escape the shitty, the whatever, the riots, the burn, the whatever. I wanted to escape all that into sport and I'm watching the NBA and maybe the answer isn't escape for people who are, I'm not American, but maybe for Americans who are living through it and they really believe that that, whatever, that's cool. But for me, I was just like, yeah, I don't want to watch this. I just want to watch a basketball game.

38:15I don't want to have a message. And so yeah, it just became too much, I think, in some ways. It became overwhelming. and then also I was working for the Mavericks at the same time and they were in the bubble and I'm hearing the stories from them and you have African American coaches who are really upset with what's happening as they should be, the players are upset. It just became really draining emotionally in a way that made me really kind of sad and I started watching football more because soccer was the first sport to start up after COVID and so I just got really into it and we were already building models to begin with before then and I thought, you know what, this is new, it's exciting, it's more mathematical in the sense of it's unsolved, it's a lot more, the game tree is bigger, it's more nuanced.

39:03Basketball's pretty simple, you get a top five player, you put him on the court, you surround him with other players, but he's the guy, it's called heliocentrism, and then you profit, and then you trade him for Anthony Davis and won first. I don't know, but that's it. You just find a guy like Luca or LeBron or Jokic or whatever. And off you go, but it's not that difficult.

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40:38You said we. You said we are building models. I think Sean and I were talking, and he was like, this guy's like a lone wolf. uh and well well yeah and i don't know the truth and i want you to tell me the truth do you um i think you don't have a family i think you're you're uh and i think that like from an outside perspective it doesn't seem like you have this massive company like what i'm a lone wolf yeah okay this now i am a lone wolf when you put it that way yeah like i've always been very um yeah so i but i have people who work for me i have people yeah can you explain that what what's What's the organization?

41:13What's your team look like? I have now my organization, not counting the football team, which is completely separate. Just like 250 people or something worked for me. I don't know how many it is. It's a lot. Maybe less. I don't know. Account academy players. I still do my basketball betting. I spend zero time on it. It's an automated program. But when I first started betting on basketball programmatically with a model, when I decided that my method works, but it only works if my mindset is good. If I want to have a life and have emotional relationships with females and have a partnership, whatever, and I'm upset, I'm making bad decisions when I'm gambling, it's harder to be a perfect arbiter of what's right and what's wrong and what's the right information when you're the input.

41:59So I wanted to automate me, basically. And so yeah, I hired a couple different quants unsuccessfully, they weren't great. kept trying. And then a friend of mine, a poker player, he played poker. This guy named Brandon Adams was teaching at Harvard at the time. And I was playing poker with him. Really, really smart guy. And he said, I have this student that you need to talk to. He's a genius. And he'd be perfect. And I met him, and that was the guy who basically, together we built our simulation models that really took me to the next level, which was not the little halftime thing, which I made a lot of money on.

42:40This was now full game bets on sides, totals, everything. And so him and I together built, and our operation was myself, this individual, and then one person who basically was two people who were putting the bets in and also making the lineups. And then me and the person, we call him the whiz because he doesn't want to be, nobody wants to know who he is, but he's out there, what's up? and we had a falling out he doesn't when I went to go work for the Mavs I basically turned over the business to them and he ran it for a while didn't enjoy it they didn't do that well and he left and then when I quit the Mavs we started back up again and that was it so I basically did the gambling again not for myself but for the people who worked for me to allow them to continue to make a lot of money because I've had guys who've worked for me now for over 12 or 13 years with a gap period in Mavericks.

43:42And so they run everything and they do everything. Dude, you're basically running it like a small little seed fund, Sean. You know what I mean? Like a hedge fund. Algorithmic hedge fund, like jump minus, you know. So, you know, those guys, they measure their success on IRR or annual returns. And if they could get 20%, 30 % returns, what's a good annual return for you? What's a bad annual return for you? Where do you land? I know what multifamily can get you. I know what private equity can get you. I know what venture can get you. It's hard to really quantify because I'm never able to bet my entire network.

44:17I can't take in outside capital. And so I don't look at it as an annual ARR. It's more of a return on investment on every bet you're making. And so every bet we make, a bad year for us was 4.5 % on every bet we're making. A good year is in the 8s and 9s. And now, of course, you want to have as many bets as possible and the most profit as possible. So you want your ROI to go down a little bit as your bets go up. So it's like you're threading the needle. But the game has changed so much now that now we've got two models that are going at all times. and we use a mix between two of them. When I say it's automated, it's completely automated.

45:03Zero, last four or five years, even when these guys are running it themselves, nobody's saying, I think the model's wrong. It gets teams wrong, for sure. And we have a guy who says, yeah, we're really off on these Oklahoma City totals. We think they should be higher scoring, but they're not. We think they're higher scoring, but they're going under. And I'm just like, cool, we're not making any changes. and has you know now i we said this before i don't pay attention to just too much of sports i think it's fucking insane though that like every sport is basically a gambling thing now like it's like gross like it's i think it's weird um but not weird it's gross yeah it's messed up i think it's wrong and but does that make you richer then because you have more uh retail investors yeah this the amount of i don't even look like last night like i probably lost more money on fart coin yesterday, my fart coin holding on paper that I would break to make an entire year betting NBA.

46:04I don't care what we make in the NBA. I just do it because it's meaningful for the people who work for me and they have a massive profit share in it. That's why we do it. Let me just recap a couple things. You said if every bet, low end, 4 % or 5%, good, 9%, 10%, That means you need to bet$100 million of total betting volume, total dollars bet to make$10 million. Is that right? You don't need$100 million to do that because you're doing it every day, multiple times over. That's exactly right. So couldn't you have just applied your brain to buying HVAC companies as private equity and gotten better returns?

46:42I always think about this. If I hear somebody's a pro blackjack player, I'm like, first of all, I don't even know if that's technically a thing. I don't know if Blackjack is a game you can get an edge in anymore. But secondly, if you're that good and that smart, couldn't you just apply it to an easier game and made more money? Don't you think about that for yourself? Yeah, if my dad was Ray Dalio, I probably would have went a different path. But unfortunately, my dad was a Greek gambler who spent his time at the racetrack. So this is what I knew. I don't know what else to say. But you have done it.

47:12You have done it, right? You're buying a team. That seems like it could be a great business move. And you did crypto. Yeah, the crypto thing is really the part I think that is because I don't have an edge in finance. These people have bigger, they're smarter. Maybe I could have honed in on one specific category that I knew very well. But again, I'm a gambler in the sense that I like gambling games, but the number one edge in poker is playing with players who are worse than you. That's just it. And so I try to apply that also to my businesses. I try to stay away from people that are smarter than me where there's plenty of them in terms of that I'm competing against.

47:49And so, yeah, I mean, am I going to compete with like, no, I don't think so. I mean, maybe, but at this point, I think I'm good at what I'm doing. I like my quality of life. Well, what do you do with your money now? Do you, like your income or your investments, do you do any boring stuff? I mean, I mostly do boring stuff, index funds. Yeah, I do super boring stuff. Every dollar I earn goes directly into Bitcoin. That's my boring stuff. Is that, so that's still how you roll then? Correct, yeah. Wow. Every dollar I make betting sports goes into Bitcoin. It has forever. So you've made more money off Bitcoin than you have sports betting.

48:21Yeah, for sure. I've done very well with Bitcoin. What's your endgame with Bitcoin? Is it hold forever? Is it Bitcoin becomes global reserve currency? There's no exit with Bitcoin, right, for you? I don't know. I wish I could do better Michael Saylor impersonation. But I don't know. This guy, I like this guy. I feel like his endgame, as crazy as this guy is, I feel like he's a savant. He's kind of figured, what is your endgame? I don't know, dollars? What am I going to do with dollars? Sorry, they're printing more of it. It doesn't seem like it works for me. I remember being in COVID, living in Malibu during COVID, and the houses that I had rented had gone up in value.

49:01Rich people's stuff was becoming more and more expensive as more and more money entered the system. So what's my endgame? I don't know. Protect my wealth, I guess. Maintain my sovereignty. That's my endgame. I don't know. Just to be clear, I don't have it in, I like Bitcoin, but it's still, I'm not like the pure Bitcoin guys, like the guys who have their own seed and they have it memorized in their head. That's not me. My money's in Ibit. It's in the bank. It's with a third party. It's not smart, but I like my quality of life. I don't want to be my own bank. Being my own bank was cool before. People knew what crypto was.

49:40Now being your own bank is not cool. For me, just to be clear, I love Bitcoin. I love the self-sovereignty of it. That's the ethos, but my money is custodied with institutions, unfortunately. Do you own anything? Do you own any real estate and cars and items? Or do you live light? Yeah. Dude, I feel like a lot of this guy thinks I'm like an alien who just dropped into the world and has nothing but nothing but otherwise Bitcoin and watches sports all day. Sean and I actually both rent homes. And I actually don't own a lot of stuff. I like living light. Sean does too. And we don't actually own houses.

50:14I'm at the full house. I was with you guys. I bought real estate when I was younger. Before that, I just thought the better move is Bitcoin. Why am I going to buy this house in Malibu when I can rent and buy Bitcoin? I also sold all of my assets during the 2017 dump. I own property outside of Mexico. I had some vacation property on some property in Europe. Had a plane, sold it all. Actually had some friends try to schedule an intervention for me because they thought I'd lost my mind when I sold everything to buy more Bitcoin at$3 ,300. You sold all your shit to buy the dip? That's incredible. That's amazing.

50:59I got to ask you a different question. What are you into now? We asked you a bunch about the past, but what's the future shit you're really... Somebody said you're into biohacking or you're into that. Sam mentioned something interesting about owning things. and I'm just kidding. What am I into? I'm into biohacking. I'm into, yeah, I don't know. I think I'm into, it's interesting because I'm really into analog things like records, books, old games, old pinball machines. Are you detoxing from phone? Like phone goes away for hours a day? I'm getting this new, oh I forget what it's called but this new thing that's black and white I'm trying to I'm into that I think O-Box is a new one that just came out Palma 2 I think is what it is it's supposed to be getting shipped but that looks really cool we love those things I used to break all the time and then there's Daylight which is like another dumb phones basically I've used Daylight I'm into that to be honest during COVID I started getting into western life This is going to sound crazy, but I want a ranch.

52:09Sam bought a ranch. I bought a ranch, my friend. Do you want to be buddies? I bought a yacht before. I was on the Mediterranean cruising. Now I'm like, no, I want a ranch. I want courses. I want simple life. That's what I'm into. What are you doing for biohacking? What are you finding valuable or helpful? Best thing, yeah. I do a lot of peptide stuff. I kind of grew up in like I spent a lot of time I should say in like rich guy LA circles for a minute playing poker and all these guys were on like TRT and HGH and all this other stuff and they looked great but they weren't necessarily optimizing for living longer so HGH is great you feel awesome on it but you're definitely not living longer taking it TRT I think can be good for some people it didn't work for me I tried it it made me irritable so I do other things to raise my testosterone I take some rhodacea and I do a lot of squats and kettlebell stuff.

53:09I do quite well with that. What am I taking? I'm taking peptides for the most part. I do a lot of sauna. Red light therapy. I would say the best thing. That Brian Johnson regimen. I admire what he's doing. He's doing it for science, I guess. For me, it's not for me. I'm not that bad. But I do have, you know, I do take about 20 supplements a day for sure. I inject myself with some peptides when I'm diligent about it. But I think the best thing I've ever done was stem cells. Are you doing peptides and stem cells for injury recovery? Or are you doing, I thought peptides is like for injury recovery.

53:47Do you use it for other stuff? A peptide's like a protein, yeah? Or an amino acid, I guess, which is a precursor to protein. Yeah, it's a precursor. You can find a peptide, it's a precursor for whatever you want to solve for. So like some is for injury recovery, like DPC-157 is really good. That's what I took. I took that on my Achilles, it was great. Yeah, but it also, by the way, that also helps with your gut, which then your gut connects to your brain, which helps your brain. There's a lot of benefits to it. I take casamoralin, epimoralin, hexarolin. Through the doctor, I get tested very regularly.

54:17My blood tested very regularly. But the best thing I've ever done and the thing I could recommend to anyone who can afford it is, aside from sauna, five times a day, or five times a week, excuse me, is stem cells, getting actual stem cells that are mesenchymal, which is through the umbilical cord. Do you do that if you have an injury? I feel great. You look great. Both of you guys look like, I'm not sure how, but you guys look like you're doing great stuff for your health. People do it for injury. I did it because I wanted to feel better. I found this place in Panama that I went to, Stem Cell Institute.

54:58and they were kind of one of the pioneers behind it, Dr. Riordan. I think Mel Gibson's dad may have talked about this on the Joe Rogan show. I'd already gone there, but I think there's an episode where Mel Gibson talks about his dad going there to get stem cells. I've seen similar things. It's unbelievable. Is this the one where it's its own sovereign land? No, I don't know what that is, but this is just Panama. You stayed at Hilton. Last time, I don't think it was sovereign. Oh, I know what you're talking about. I do know what you're talking about. No, it's nothing like that. Aren't they doing genetic?

55:30They're doing genetic. Chris, what's it called? Were you? Chris Girl. Yeah. They're doing that, right? It's like a Peter Thiel thing. They're doing genome editing. Yeah. Yeah. I don't want none of that. I just want, I want building blocks into my body to make me young. So if you can give me the stuff that little baby has to grow a fucking actual. Wait, but what are these guys doing? It's like their own little sovereign area and they're like building like the future Yao Ming super baby or something. You know, like the network state stuff, right? where it's basically like, oh, if we can get, like, you know, I invested in Praxis.

55:59It's like people who want to create new lands where they can have, like, you know, let's say more, they can have different rules, right, for themselves. Yeah, it's like a land where, like, Ayn Rand is the president, you know? Like, it's like libertarian land. You got to watch the documentary. It's hilarious because Brian goes there. I think he goes there for, like, a full plasma, like, swap with his son and his dad or something like that. I don't remember the exact procedure he did, but he goes, and it's like the two scientists who created this institute and they show the guy and the guy's clearly like 22 years old.

56:31He's so young. But he has this mustache and he has glasses with like a rope as if like, bro, we can see through the disguise. You're 22 years old. And the narrator... Was he standing on another kid's shoulders with a trench coat on? Exactly. It literally looked like that. And he's like, you know, I think these guys' hearts are the right place, but you know, they're not like 20-year PhDs if you know what I mean. It's like, yeah, because he's 20. It was so funny. you gotta watch that part. Yeah. And I actually did watch it. And I know what you're talking about now. And I remember like, I had my finger, this is where I need my digital, whatever, but I had my finger on the fast forward the entire time.

57:06I'm like, cause you can't watch it all the way through. It's just like, what is, this is not that interesting. But yeah, I didn't like you're talking about now. Yeah. It's nothing like that. This is more for, you have a rotator top injury. Some parents were there with some kids who were autistic and they were doing that therapy. There's people with MS. There's a lot of different stuff that they were doing. and I've done it maybe seven times. The injuries you have will repair permanent. That's permanent. The Superman feeling you have for three to four months afterwards is fleeting, but it feels amazing for that two or three months period.

57:44There's a lot of physiological effects that you know that you got a good batch. Sometimes you don't get a good batch or it doesn't take, but if you had a good batch, you'll know it. It's great. I haven't done it in a while, but it is amazing. Do you do any drugs or drink alcohol? Do you get fucked up at all? Are you sober? Yeah, I think the last time I ever got I was betting on NFL football and Canadian football in university and waking up with a hangover and I was like, yeah, this doesn't work. So you've been in this world of vice but not substances. No. I'm a control. I like to be in control of myself.

58:20I like to be in control of my emotions. I like to be making good decisions. I don't like to be unable to think rationally. So alcohol doesn't do it for me. Dude, this is great. Thanks for doing this, man. Where should people follow you? Is Twitter still the best place or X? Yeah, I mean, follow the football club. I'm not looking to promote myself, but I would love for the football club to get more. You know, we were doing some great things this year at the football club. And then - You guys won, right? You won the like - We were recently promoted to La Liga too. We had an amazing first start of the season.

58:48And then we had a game, we had a stretch where we played 22 games in six days. and I failed the culture in that I wasn't able to demand that we do things that were proper for rest and health for the players, and we ran our players into the ground during that period because that was something that the coaches wanted to do. Then we suffered some injuries, and we're in the midst of a six-game losing streak right now, which is sad, and we're paying for it from what we did in November, which was a cultural failure on my part. Are you able to apply the biohacking shit that you're learning to your sports psychology?

59:25Not in the medicine part of it, but there's lots of studies on how to optimize health and your risk of muscle injury goes up 25 % if a football player plays more than one game every six days. There's plenty of research that can make you come to good decisions. But like sleep and recovery? We're going to do a better job. When I bought the team, we didn't even have a training facility. So we're building a brand new training facility. We hope to announce the land that we've acquired soon. and yeah, we'll do stuff like that. Did you think that you were going to go from doing these bets and hanging out with your dad in Vegas to owning a team and implementing whatever you want to implement?

1:00:04That's pretty wild, right? That's a good ending so far. It's not the end, but it's a good part of the story. You thought that? I did. I was very delusional when I was younger. I'm really a big fan of that sort of stuff. Speaking things, not speaking, but just having the belief and why not? Why not? I know the universe is kind of there for you do it. Like you, you can craft your own path. Just keep trying until you get there. Dude, you're insane. You're the man. Awesome. You're the man. Thanks for coming on, dude. You, you're welcome. Well, thank you, man. That's it. That's the pod. I feel like I can rule the world.

1:00:38I know I could be what I want to. I put my all in it like no days off on the road. Let's travel. Never looking back.

1:00:49Hey, let's take a quick break because there's a quote that I love. I want to read you. It's that we shape our tools and thereafter they shape us. And you know, as an entrepreneur, if you're using a bank that was built in the nineties, you're operating like you're in the nineties. And trust me, I've been there clunky portals, random holds on your money,$50 wire fees, and then being told, please visit your local branch. Well, that's why I switched to a different type of banking solution. Mercury. It turns your financial chores into a smooth workflow. You can do wires, invoices, cards, reimbursements, two clicks, and I'm done.

1:01:19If you're already using Mercury? Respect. If you're still using one of the old big banks, I got questions for you. So go visit mercury.com and give it a test drive. Mercury is a financial technology company, not a bank. Banking services are provided through Choice Financial Group, and Evolve Bank and Trust members FDIC.