Why Moderna Tanked, MSG Employees Duped By Their Boss, The Mansion Section | Diet TBPN

0:02 Big news. Call of Duty Modern Warfare four multiplayer dropped today. Tyler is going to try and prestige while we're doing the show, so he's locked in. Don't count on him to look anything up for us because he is trying to go on a kill streak right now. Let me tell you about ramp.

0:19 Time is money. Say both. He's used corporate cards built for I'm not a lot more. You know, we started this show with, like, let's just get right into the show, and the whole bit was, we'd just be like technology brothers, and then we'd just start the show, and it was, like, really convenient. And now we're like, we gotta tell you about ramp.

0:35 We gotta tell you about the ultra dome. We gotta tell you about the road to Christmas. We gotta tell you about that. But the road to Christmas, how many days are there till Christmas? Because that's why you come to the show. You wanna know how many days there are until Christmas. Let's count it down. Sixty two days until Christmas.

0:50 There you go.

0:51 Jeff Bezos is also 62 years old. What is that? We got fun facts now? This is elite. Good job production

0:59 team.

0:59 I like that. So we're gonna we're gonna learn about a different number every day, I guess, on the way down. Oh, this is very cool. I like that. Well

1:08 Very, very cool.

1:09 Let's try and give you some news while we while while Tyler tries

1:14 to Please, the institution cost. A of news.

1:16 Just a bit of news. So Moderna Moderna is in the Wall Street Journal today, and it's an interesting story. Data from Moderna's cancer therapy leaked, and the stock has been on this wild ride up and down fueled by speculation that they cured cancer. They they they said the AI labs, they've been talking a big game. Nobody's doing it without us doing it.

1:37 I would hate for some AI lab to

1:39 cure cancer before we do it. That's exactly what they said. And they actually did have some really promising results. But it's a very fascinating story because obviously curing cancer is a very broad term. Insane that the AI lab leaders try and collapse it down to just like it's going be done.

1:54 Clearly, it's like a game of cat and mouse with all these things. Like, there's always some level of cancer in your body that your body's naturally fighting off, then there's really bad cancer that no one can solve because it's metastasized so significantly. And then there's much more modern forms that if you catch them on time, you can fight back with both surgery, just removing the cancerous cells, the tumors, also drug treatments. There's a bunch of great cancer drugs that are out there. Some of them are blockbusters, like Keytruda from Merck, which was actually used in concert with Moderna.

2:25 So Moderna didn't say, This is going to be used by itself. They said, We'll be using this in concert with Keytruda. And so, basically, this has been Moderna's core idea for the company going back to 2013. Stephane Bancel, the CEO, I don't know if he's the cofounder CEO, but he did a TED Talk in 2013 where he said, like, We are going to be able to design patient specific drugs for cancer. And he was standing on stage being like, Guys, we're going to cure cancer.

2:55 And everyone was, like, clapping at TED. And then three years later, they were calling him the Theranos because they were like, this is not gonna happen. This is completely fake. Your company is really secretive. And then he started delivering, but it took a really long time. And the company was really secretive and would require people to sign NDAs to come in the building. And all of that was sort of, like, offset by the fact that they continued to deliver. And they actually did get up through a successful phase three trial with this particular drug. So, it's not a one shot solution. Of course, curing cancer is this broad spectrum.

3:26 And so, the way it works is that scientists sequence a patient's tumor, identify mutations unique to their specific cancer, and then manufacture an mRNA vaccine that teaches the immune system to recognize and attack those cancer cells. The treatment is actually administered alongside Keytruda, which I mentioned, an existing cancer immunotherapy drug, and the hope is that the combination can prevent cancer from returning after surgery and eventually work against many different types of cancer. So, the early results. The early results that they had gestured towards in the Phase II was a forty nine percent reduction in relative risk of cancer recurrence or death compared to Keytruda alone. So, you're on the best in class because even when they do these studies, they're not just going to Hey, we want you to go cold turkey.

4:13 We want you to go completely vanilla. They say, You can use the drugs that are already available. Will this be better than just the drugs that are available currently? So, they had this forty nine percent number, and that's the important number to anchor on because Phase III was going to tell you, was it higher than forty nine percent when they did more trials, or was it lower? And spoiler alert, of course, came in lower.

4:35 That's why there's all the drama. But in August 2016, Moderna announced that its much larger Phase III trial, which had eleven thirty seven patients, so over one thousand cancer patients went through this trial doing Keytruda and the Moderna treatment. They said our Phase III trial succeeded, succeeded. But they didn't say the data behind it. They didn't say the number.

4:58 They didn't update that forty one So everyone was like, this is incredible. They cured cancer. The stock moons. But on October 2, the detailed results leaked, which is crazy because they were basically embargoed, and it was two days before Moderna was scheduled to present them. And in biotech, these presentations about the actual results are very precisely traded by hedge funds.

5:22 It matters a lot. Yeah. And so they... Like, you shouldn't leak them, but a medical publication called Oncology Central apparently published an article containing the embargoed clinical data ahead of schedule. Screenshots circulated on X and Moderna stopped Not choppy. 26% intraday, eventually closing down 18%. And it's not that they secretly failed the trial. It's not that they said they succeeded it and then the data came out and they failed. What actually happened was that the Phase III did succeed, but the results weren't as spectacular as investors had hoped. Instead of the forty nine percent that I mentioned before, it was only forty two percent, which is still pretty good, but it wasn't good enough.

6:01 It's great if you're a cancer patient, but it's not good if you're an investor who's banking on 49% or maybe a beat, maybe an update. Hey, it's actually better than we expected. And so you can kind of understand how the market would react to that. Also, the Phase III trial showed that Moderna's treatment is really only starts to be effective after six months, it starts kicking in. So, if you have a really aggressive, fast growing cancer, it doesn't really help all that much.

6:29 It's more for someone who has like a slow burn cancer that sort of they're fighting it off over the course of a year or two. That's when

6:36 Moderna is going to help. And so... Somewhat disappointing results.

6:40 Relative to the expectations, right? Just didn't meet expectations, not a beat in the clean sense. And so, that's all just a normal biotech story. But then, it takes a bizarre turn because a fitness and gambling influencer, which is how he's described, named Shane Stouffer, who's better known as Toge, managed to time Moderna's crash almost perfectly

7:07 Nothing. Nothing.

7:08 Flipping his entire position from calls to puts just hours before it plunged. And so we have some more information on Togi. I don't know if we have any videos that we wanna pull up to contextualize for the audience who Togi is, because he's a true character in the modern online world. Do you have any

7:24 I don't know if could pull up just any video.

7:27 I don't think we could. It's kinda dangerous.

7:28 He's a

7:29 he's a real wild card. Do

7:30 you... I I sent in a video that I think is...

7:33 Okay. Oh, it's clean....

7:34 For him.

7:34 Okay. We'll play that video. And while we're pulling

7:36 that, I'm gonna give

7:37 you the update on how you did in your first game of Call of Duty

7:39 Modern Warfare.... And 14. Not great.

7:42 Thirteen and fourteen.

7:43 But, you know, first game, just getting the feeling.

7:45 Okay. Okay.

7:46 I'm feeling confident, though.

7:47 Oh, okay. Oh, okay.

7:48 Got time on this map. Can we get a camera on Jackson?

7:51 Yeah. We need a

7:52 camera Jackson ASAP. He put together

7:55 Put together fit all fits.

7:57 Of the month. Fit of the month. And it's only

7:59 Spin it around.

8:00 Where are Here we are.

8:03 Here we go.

8:04 Alright. Zoom out a little bit. There we go. Okay. What do you got on, Jackson?

8:08 I got the front nail.

8:10 And the back nail. What's on the feet? Do we got boots on the feet? Okay. What do we got?

8:19 I'm happy to be here. There we go. Fantastic.

8:21 Looking great. Looking great. Thank you for that.

8:23 So do we have that Togi video to contextualize for everyone? Can we pull that up? Okay. This is Togi, the fitness and gambling

8:31 influencer.

8:32 Like, every day I probably have, like, six, like, useful thoughts, and then the rest of it's just kind of like

8:39 Give me an example of a useful thought you had today. No. Today was bad.

8:47 What an entertainer. Anyway, on October 4, Toge, the man pictured in that video, was trying to speed up his stock video trading challenge, which is already a hilarious premise. He said he noticed people online acting bearish towards Moderna. Everyone was turbo bullish on every stock except $1 mRNA. Everyone and their mother could only talk about how overvalued it was and how good of a short it was.

9:17 Then he decided to go against the crowd and bought Moderna calls. That night, he had a dream. Moderna cured cancer, and the stock went to $275 It's trading around $200 today. It was at 2... Almost $2.50 a little bit earlier. Making his portfolio, if these calls had hit, worth $11,000,000 This was his dream. After the dream, he asked Claude what it would take for Moderna to actually reach $275 That's when he said he learned about Moderna's cancer vaccine. Wait. For the first time, he just has this dream based on vibes based analysis. He's he's he's vibes trading.

9:59 Over the next two weeks, the stock went up 25%, and Togi got worried that all the hype from the trial was already priced in. Then he had another dream. There we This time that Moderna stock would surge 22. I thought this is a quote from him. He says, I thought it was a sign from God that I was wrong about the top being in and that I should trust my original swap end of market on Friday plan.

10:26 But when he woke up and checked his phone, Moderna was tanking, and his position was down nearly $200,000. Quote from Toge, my port down 200 k almost had me full... Fully in a panic, thinking maybe sell on the news was so obvious that they are selling days before the news. Originally, Togi had planned to flip his entire position from long to short on Friday, October 23, betting that Moderna stock would crash after the trial results were released on Saturday, but the sudden drop convinced him to move up his plans. Quote, I got too scared that the pump would happen so soon that I'd have no capital left to flip the port short come Friday.

11:08 But... So he sold his position at a loss, freeing up roughly $500,000 to bet against Moderna by buying put options ahead of the trial results. Perfect timing for Togi. Shortly after, the results were leaked and the stock crashed by 26%, in Togi's own words, quote, and the rest is some giga stroke of luck history. The news broke early somehow?

11:27 Question mark. Question mark. Question mark. Question mark. Most likely outcome for all traders would be that I was destined for. Rock solid thesis blown up by some unlucky BS.

11:38 X thesis. That's my quant. Lucky. Giga stroke of luck.

11:41 Giga stroke of luck. Lucky my panic this morning got to my head enough to break my original game plan. In hindsight, this entire saga was beyond obvious. Thanks for playing. Not financial advice.

11:55 I'm just learning and Guy

11:56 gets... Has two dreams and a giga stroke of luck and says, in the end, this was all beyond obvious.

12:03 All beyond obvious, but also not financial advice. I'm just learning and gambling, but also put some respect on the thesis. S U M for some. So I don't know.

12:15 The thesis that started before he was aware of what the entire stock was riding on.

12:20 It's it's, yeah. It's a very, very funny story. Anyway, yeah. Moderna is all over the place. How is Tyler doing this round?

12:29 So it's Nick playing now. Oh, Nick playing through

12:31 this week. Swap. Let's see. So the the score to beat is even. If if

12:36 Slightly negative.

12:36 If Nick

12:37 If he can go even.

12:38 Yeah. Okay. Okay. I don't know if I played this map in the in the beta.

12:43 You look like you're about to pull up a

12:44 Pretty good.

12:45 A shot from deep.

12:47 Is he leaning in yet? But he's no longer. Stance forward for Modern Warfare four? This is exciting. And somebody in the chat also said it's only twenty six days until GTA six.

12:59 It's... Christmas is coming early for the next sixty

13:02 Alright. Two days. It together.

13:04 Get it together. Okay. Well...

13:07 President Trump says Sundar over at Google talked him out of renaming the Atlantic Ocean. Okay. Says, and I spoke to a brilliant guy, Sundar. He heads all of Google. He's a brilliant guy.

13:18 Okay.

13:19 Sergei and Sundar are totally brilliant guys. You know they're they're still rattled from The Gulf. And I said, no, Sundar. I'm thinking of the Atlantic Ocean. Can you handle it?

13:29 No. No. No. This time I'm not doing it, he said. He said, oceans are different, sir. You know, they cover they cover really a lot of countries. Please don't ask us to do that.

13:38 That's the craziest thing. So it'd be the American Ocean? Is that the idea?

13:43 I think you would have to assume so.

13:45 Or Trump Ocean? Maybe Mar A Lago, the ocean? I don't know.

13:51 Could see all of these.

13:52 I feel like there's enough in the in the Trump brand canon to to rename everything. Because after you rename one gulf, if you if you have another gulf, you need to come up with another one. Well, so you have America and then United States, The United States ocean on the other side, I guess.

14:09 Yeah.

14:09 Try and make everything United States.

14:11 So apparently, Lake Ontario only shows up as Lake America in The United States.

14:16 Oh. If you're outside of...... Locked?

14:18 Oh, so that one went for the gulf too.

14:20 So now there's the lake, the gulf, and then now there's...

14:23 We're really just living in our own little world.

14:25 Little bubble.

14:25 Little A

14:26 bit of a bubble.

14:27 Personalized AI intranet, basically. The American intranet. That's where we're going.

14:32 Let's check-in with Joe Lonsdale. He was on CNBC yesterday.

14:37 Yeah. We gotta break this one down.

14:38 And there's a lot to to kind of process here.

14:42 Yes. This is Joe Lonsdale on CNBC. She calls

14:45 it the trap bought for travel. Have six little kids, and it's it's telling us about our kids' health appointments, their activities, trying to figure out my two year old how to deprecate his binky right now, and it's telling me when when not to give

14:55 it to him. Pretty funny. Pause. Off, he's calling the... I mean, well, let's start with the basics.

15:00 He's calling in from private aircraft

15:04 Immediate ult.

15:05 Which is incredible. I think a lot of people... We actually have had guests this week call in from their planes, but they'll use a Zoom background.

15:14 Usually, people do the Zoom background. Going no Zoom background, very strong play.

15:17 Second thought, you know, he's immediately... Apparently, in in their household, they're calling it the the Grock Bot. They've rebranded Grock Bot to Trad Trad Bot.

15:26 Trad Wife Bot. Yeah.

15:28 Trad Trad Bot.

15:29 Yeah. So Stunlock's the anchor with

15:30 that. Super... You know, and we know Joe's contrarian. Right? One of the ultimate contrarians.

15:35 Yeah.

15:35 Right? But going to Grock for parenting advice is probably is probably the most... There's a lot of things that you could go to it for Yeah. But going to it for for parenting advice is the is the ultimate contrarian move knowing knowing what sort of hides in the weights. Right?

15:52 Knowing Sure. The thing that has emerged at times Yes. And could emerge at any moment.

15:58 Any moment. That

15:59 is maybe it may or may not be fully solved. Sure. Sure. So knowing that all things considered

16:05 Okay.

16:05 Very contrarian but it makes me knowing how often he's been contrarian and right which has led to extreme investment

16:12 results My wisdom here.

16:13 It makes me way more tempted to start going to grok for for parenting.

16:16 You might be looking at the next great parenting product.

16:18 Exactly. Okay. And maybe maybe maybe there's an opportunity here to reposition Grok around.

16:23 Maybe that's the key to product market fit in that category.

16:25 Totally. Totally. Totally. So he's running trad bot

16:28 Okay.

16:29 In the home for parent, you know, just general, like, household management parenting advice. I think I think that makes, you know... Again, it's contrarian, but I I'm gonna give it a shot now.

16:39 Yeah.

16:40 Next up, language selection. We gotta talk about language selection. He talks about, you know, clearly one of their kids is using a binky, they wanna get them off the binky. It's like a little addiction. Been there as a parent.

16:52 But word selection, right? Deprecate the binky. Really, really good word selection, especially with this audience. Right? This audience is an audience of capital allocators. Yep. And this audience knows, okay, deprecate the binky. It just it clicks almost instantly.

17:08 Immediately.

17:08 Yeah. So all in all, seventeen seconds on this video, one of the best performances we've seen Incredible. Of any CNBC hit in years. Yeah. The chat's saying, just needs McDonald's and a Diet Coke.

17:21 So if he really wanted to to like get into that sort of like Donald mentality, he should have taken a bite or Took at least bite of a step back. Yeah. But overall, round of applause. Fantastic.

17:33 Yeah. Fantastic experience. Yeah. Really elite elite performance. Not

17:36 gonna be... I'm gonna I'm gonna go out on a limb and say I don't think it'll be topped.

17:39 I don't think it'll be topped. No. No. This is this is s tier performance.

17:42 S tier. Should we head over to one of Joe's portfolio founders? Sure. Friend of the show,

17:49 Scott Wu. What'd he say?

17:51 Scott Wu was doing some math. Yes.

17:53 But, naturally, obviously, once that got too easy, is then you take eight cards and you make the current year. And this year is now 2025. And so we get to try that one. And in this case, it's actually quite quite easy because 13 minus 12 is one. 11 minus 10 is one.

18:10 One plus one plus seven is nine. And it turns out that nine times nine times five times five is exactly twenty twenty five.

18:15 Okay. Well, that's okay.

18:16 So at some point, that gets too easy.

18:18 Do you think

18:19 he has to

18:20 practice this? Because I know he's been elite at mental math and these... Like, all these different types of math challenges from when he was a kid. But, like, this can't come up on a daily basis in his job as CEO of Cognition. Right?

18:34 Or does it?

18:35 I think you should do it with potential hires. Okay. It's like, hey, let's go. Let's talk for a couple hours and then let's block off thirty minutes for math tricks.

18:43 Yeah. I mean, he has that story about playing... What was it? High stakes poker for term sheet with Founders Fund?

18:50 Yeah. Yeah. He was playing, I think, poker against Napoleon. Napoleon. Yeah.

18:53 Chess versus Peter.

18:54 Yeah. Okay.

18:55 Was the

18:55 one he he wanted to do.

18:56 Okay. But, I mean, you pull that trick out with a with, like, a a mid tier VC who's trying cram into a later round, like, it's a it's game over. You get what I'm trying

19:05 I think this is a learned skill.

19:07 You think so? Yeah. Okay. Learn it. Alright.

19:09 Okay. I wanna Alright.

19:10 In a month, I I'll... I think I can do this on the channel.

19:13 We've given you so many challenges. It's like learn the drums. Prestige at cost.

19:19 Skydive without a parachute.

19:22 That one's doable with a net. Right?

19:24 Didn't they... No. You gotta do the Pastrana method.

19:26 What's the Pastrana? Other people... Oh, other people get you. Okay. Okay.

19:49 I like that. I like that.

19:51 Let's head over to the Knicks.

19:53 Okay.

19:54 Let's check-in with the Knicks.

19:55 What's going on with the Knicks?

19:56 The Knicks assistants were told they would receive championship rings eventually. But many long time employees at Madison Square Garden including some who work in the Knicks business operations will not receive rings at all. Mhmm. Team sources told The Atlantic. Typically, most employees for NBA teams receive rings even if they are not as fancy and expensive as the ones the players receive.

20:17 Those MSG employees got their hopes up at the end of September when the Knicks sent an email to a long list of employees which gave recipients a first glimpse at their would be championship rings. Atop the email, a copy of which The Athletic has obtained, was a graphic of two differently styled rings. Congratulations, your employee championship ring is here, the email read. This is one. This one is on the house.

20:40 MSG is issuing a complimentary employee...

20:44 I saw this and I didn't understand the full context. Now I get it.

20:47 It's why. MSG is issuing a complimentary employee championship ring. The same jeweler, the same craftsmanship, personalized with your name. No cost to you. There are two designs to choose from.

20:57 Championship Gold and Garden Classic. Reserve the one you want below. But the email was a fake out. A phishing test, Madison Square Garden sent to see if those employees would click. Multiple team sources said, Those who did click the link at the bottom of the message did not get to choose any jewelry.

21:14 Instead, they were forced to attend a mandatory cybersecurity class to help satisfy some of Dolan's growing cybersecurity concerns. Those team sources said, definitely the most insane thing I've ever heard of a company doing too.

21:30 I think it's a good plan. We gotta start doing this. Send in Jackson. Hey, we got you Nitro Circus tickets. Click here.

21:37 If he clicks it, he's gotta go to cybersecurity training or Just send me literally to rally.

21:43 Figure out what every individual on the team, their hopes Personalized. Dreams. Yes. Like, it has to be something that Yes. That is...

21:49 They literally have dreamed about for more than a decade Yes. And then deliver that. Deliver a phishing email based on that. Yes. And you could actually use AI to do that.

21:57 Yes. You could. You could. So I I actually... I I mean, I understand this is in very poor taste, but...

22:04 Meet with Dale Earnhardt Junior. I

22:10 I I don't have as much of a problem with it if there is a... If there is actually something about it that if you inspect the email thoroughly enough, you can tell it's a phishing email. So it has to come from m s g dot

22:27 I don't have a problem. I don't have a problem with that.

22:29 But if it just comes from

22:30 a machine to get... They're saying it's normal for all the employees to get rings. There's... And so these people not getting rings, but getting the phishing email and having to go to the cyber security, you know, the the naughty naughty meeting is completely insane.

22:48 Okay. I get that.

22:50 And demoralizing and if you were one of these people, you work at MSG, you work for the Knicks, you won the championship. This probably will become the item in your life that is most significant to you.

23:03 Sure.

23:04 The thing that's irreplaceable. Yes. You've been hearing that, oh, maybe we're getting it, maybe we're getting it.

23:09 We And then Okay. The the

23:11 And then you don't get it and you I wanna stop. And so you get the you get the phishing email, you're just a little bit excited. So I can see cyber criminals taking advantage of this kind of thing. It it might even happen. Right?

23:23 Like, hey, when when a team wins a championship, send a phishing email Yeah. About rings to everybody involved and let's try to break into their systems that way. Sure.

23:33 If, look, it's a controversial decision not to give everyone the ring, but they made it crystal clear that in this organization, we just don't do it like the other teams. If you want to be on a team that gives rings to everyone, you gotta go to a different team. Right? And they've made that crystal clear. And then so...

23:50 And it's been publicized. So there's been news articles about, oh, Nick's employees don't get rings. And it's been established. And the and the team has communicated that very clearly. And then there's a phishing email. And it comes from and it comes from IT set up a special domain. So if you looked at it closely, you could tell that it's a phishing email.

24:08 Still cruel.

24:09 Still cruel. But fair game.

24:11 This is cruel and unusual punishment.

24:13 Okay. It it it... Well, we don't we don't fully know how clearly they had communicated. At least I don't. And so, with your series of events, if that's true, I do agree with you.

24:23 I do agree with you. Given the level of cybersecurity threats, almost nothing is off the table for phishing. I think that CEOs should be hiring actors to put on full Hollywood makeup to go into the office as them and try and fish employees in person. I feel like you should... If you work at a company, you should see an actor who's dressed up like the boss knock on your door.

24:46 Hey, can you can you wire $10,000 to this account? And if they and if they do it, boom, security training because you fell for the Nathan Fielder esque phishing scheme.

24:57 In other news, Quest Diagnostics has been hacked. Brutal. Patient data was exposed. They serve roughly half of US hospitals and physicians. Investigation is ongoing.

25:08 Quest said, Yesterday, we have identified an incident involving unauthorized access to our Quantum Lab Service Manager, which certain clients use to place test orders, receive and look up results. Mhmm. It's interesting they say certain clients, like you imagine, like, pretty much they probably have some other ways to check-in. This seems like they're kind of like the main thing. Upon discovery of the incident, we paused access to the system and we are continuing to investigate the incident.

25:35 Our core business operations are not impacted and remain up and running. What data was effective? We believe some patient data within Quantum LSM was accessed but other systems were not affected. We are working diligently to investigate the incident to determine the specific data affected. Does this mean patient health information or patient identifiable information was part of the unauthorized access?

25:58 Yes.

25:58 Yes.

25:59 But we are still investigating to determine this specific data.

26:02 So they probably have some cyber insurance policy that was inked, like, years ago. And so they'll probably have to pay out some sort of settlement or class action. But the financial motivation behind this one is curious. Like, understand the botnets installing crypto miners, stealing crypto, stealing API tokens to work on large scale distillation attacks, but you get a bunch of patient data. I'm wondering what the value of that is to a hacker other than just like you were trying to hack everything and why not this website too if it's running PHP or something.

26:39 But do you any comments?

26:40 Comments are saying like medical records of politicians in the wrong hands could give them leverage Yeah. For blackmailing Testosterone results. Distortion. Yeah, John would hate for his four digit testosterone to leak. Well Let's pull up this video from John.

26:59 Recently Me? Recently posted it. I'll send it over.

27:07 Cows know that humans exist. They can see us. But cows don't know that money exists. So just as cows can't understand the financial system that controls their lives today, we will not be able to understand the AI financial system that will control our lives in ten or twenty years. Which means that we are the cows of the future.

27:30 We are the cows of the... You

27:40 gotta be the wild bull. So that

27:42 says my cows know money exists. I do money spreads every morning.

27:49 Can I read this article from the Wall Street Journal Mansion section, Jordy?

27:54 Hit me.

27:55 Alaska property comes with a helipad. This is a special, special property. A 147 acres with a helipad. Guess how much it's going for? They're giving it away.

28:08 Just 12,500,000. Not 2,000,000. No. $12,500,000.

28:12 No. There's that house we saw in Alaska that was, like Yeah. One of one.

28:16 I think that was on, like, five acres

28:17 or something. John Lawton.

28:18 John Lawton.

28:19 Yeah. But it was, like, 600 k or something.

28:21 But this is a this is a very cool story. So, Richard Strikin lived in Alaska his whole life. The 68 year old retired commercial real estate developer was born in Fairbanks, spent time along the Bering Sea in an Eskimo village. When it was time to settle down, he built a family compound. He chose Palmer, a small city about 40 miles from Anchorage.

28:41 Surrounded by glaciers, the landscape attracted him with its grandeur. His 147 acre property has views of the glaciers, mountain ranges, and northern lights. I climbed a tree, and I saw the view potential, and that's where I decided I was going to build, he said. Now he's looking to downsize. Striking has listed has decided to list the compound for $12,500,000 making it one of the most expensive homes for sale in Alaska, according to Troy Dana of Faye Ranches.

29:08 Streichen began to assemble his compound just outside the city limits in the nineties on the property, which he calls the ultimate ultimate Alaska. He built a ranch style single story main bedroom, main house with three bedrooms, a garage, and a two bedroom apartment above it, and a helipad for his wife. He built vegetable gardens and an orchard. The couples

29:28 I thought you saying he built a helipad for his wife.

29:30 I was

29:31 like, that's amazing.

29:32 That would be good. They have 13 grandchildren that live nearby. Let's give it for that. During the winter solstice, Palmer receives only about five hours of sunlight a day. Stricken and his family spends this time skiing, visiting local winter festivals, and attending the grandchildren's indoor sporting events.

29:51 When spring arrives, they shift to snowmobiling on the glaciers, prepping the orchard and gardens for the growing season and enjoying outdoor community events. They are selling because he has built a lakefront home about an hour away, and his... And he and his wife plan to spend most of their time there. So if you're in the market for a 147 acre Alaska compound, head over 200

30:15 Who? Palmer Lucky. Oh, Ben Lam. Just set up a dog operation out there.

30:23 Why not there?

30:23 Ben Lam and Palmer have a warhound. Yeah. Very true. A company coming out of self to genetically engineer dogs for military and law enforcement. Let's pull up this video

30:35 Of them talking about

30:36 it in 2023.

30:37 I'm about biological weapons. I'm talking about using biology as a tool to solve a lot of military problems because we have new advanced bioengineering capabilities. So muscles that go in machines are gonna be a really big deal. For example, building self power scavenging robots that can live off of grass out in a field. Imagine if you could have radio relays that roam the planes and just eat grass, and that's how they power themselves.

31:00 And they're very low signature. They can hide. They can hibernate. There's actually a lot of interesting biology derived systems where you can take that stuff in, have bacteria in a little bioreactor that puts out methane gas, you which then run a fuel cell with. It's really, really cool stuff. And then, of course, the other big one is, you know, you guys are probably familiar with some of the companies out there doing de extinction work of species. And I think there's a lot of species in the history of our planet where if we go back to the future, they're gonna have excellent military applications. You think the German shepherds, they weigh a 150 pounds are really good canine units. Well, what about dire wolves? What if you have 600 pound canine units carrying a 150 pounds of armor?

31:34 You're talking about something that weighs all up eight times more with a 100 times more bullet resistance. They're extinct now, but they don't have to continue to be. That sounds crazy, but I don't know if you guys know this, that the US military actually already has a lot of animals working in it. You have a lot of dogs working in the military. You have a lot of dolphins and seals that are working in the US Navy.

31:53 And of course, we'd customize them a bit too, you know, give them some better endurance, give them the ability to breed at high altitudes, things they didn't have when they were on the Arctic Tundra. Imagine if you could have all of these survival characteristics of Arctic wolves, but with the obedience and trust and loving characteristics of domesticated animals. Of course, you can breed things like this over long periods of time with different levels of success. But what if you could really get it to be like every canine unit we have in the northern latitudes? They have the characteristics of the strongest Arctic wolf that ever walked the earth, and also they love to cuddle and do exactly what I say.

32:28 I was always thinking that, it would go the other direction. Instead of trying to scale up the friendly dog, you would try and make the fierce giant bear friendly, and you would genetically engineer a domesticated bear and basically speed that up because wool... Dogs came from wolves. Over generations, they became friendlier. It feels like you could speed that up, but Palmer and Bedlam clearly know better than I do.

32:49 Why stop at at, you know, seals and dolphins? Why not great... Friendly great white sharks?

32:55 Great white sharks with

32:56 laden Man's and sea best friend in the seas.

33:00 That's right. Thank you for tuning in. Fantastic week. Fantastic show. You made it through some sickness, some chaos.

33:07 Let's get the

33:08 We love you.

33:08 Let's get the Christmas countdown up again. Sixty two days to Christmas.

33:12 We'll see you Monday after

33:13 the break. Goodbye.