Takes

AI technology is failing because it doesn't justify its investment costs

I think AI is in hot water. I feel like this is, we're we're in a good spot as humanity right now where AI has not been making enough money to justify all the investment. ... We might beat the robots.

Fighter pay has increased with every new deal and will continue to go up with the Paramount Plus deal

Since 2001, the day we bought this company fighter pay has gone up. Every new deal that we've done, fight, pay has gone up and obviously fight or pay will go up for this deal. It's incredible for the fighters.

Dogecoin will eventually overtake Bitcoin

I feel like Doge is gonna take Bitcoin over at some point. I saw... I got the Doge. It's in a wallet somewhere.

Sports owners should be forced to sell if their team doesn't make the playoffs for five consecutive years

I think they should have a new rule in own, in, in all sports that if, what call it five years, if you don't make the playoffs in five years, automatic sale. Like whatever the threshold is, that would be awesome. 'cause relegation is never gonna come to American sports. But if you could relegate owners that would be sick.

The Chicago Bears are the most under-marketed entity in American commerce

I don't believe that there is a more under-marketed entity in American commerce than the Chicago Bears... in this city... it's a football town... and with the Bears, you know, in '85 and like that was, it was just, it engulfed everything. And they've been living off it since.

Foreign investment funds will eventually buy American sports teams as prices exceed what US billionaires can afford

As the teams get more and more expensive, there's fewer and fewer people who can afford to pay for these teams. At some point, the foreign investment funds are gonna become part of the shrinking pool of available billions that can buy American sports teams. We might be on that slide down there.

Take $500,000 over a dinner with Jay-Z

[$500,000]. Because most likely Jay-Z has said it a million times in various different ways. So it would be like me saving $500,000 just to spend two days looking at every single interview he's ever done... why do I need to listen to him? I could save $500,000.

Sam Bankman-Fried is the latest Bernie Madoff

My hot seat is crypto in general. Sam Bankman-Fried from FTX is the latest Bernie Madoff right now. It's been in the news. He had I think about $40 billion and now he has $0 because his entire platform went bankrupt.

Jeff Bezos hates fat people, poor people, and people with weak bladders

I'm pretty confident in saying Jeff Bezos hates fat people. He hates poor people. It's people who have like weak bladders, he hates. There's a lot of people that Jeff Bezos finds disgusting. That's a fact.

Late-night TV news commercials for products like CarShield are frauds

When I see them up there, those products are fraud... I mean, they wouldn't be advertising there if they weren't a fraud. I have an occasional check with the FTC site and the Better Business Bureau to see various of these companies have all sorts of consumer complaints against them. And what a shock!

NFTs are becoming more valuable than diamonds

Turns out there's a bunch of new diamonds that are fake, but no one can tell the difference... De Beers is totally panicking because now diamonds have no value. So Hot Seat: Diamond... NFTs are kind of more valuable than diamonds, I think about it.

The new Pardon My Take NFTs are unstealable and cannot be copied

But you yourself can own one of these NFTs, the auction starting soon and they can't be copied. These ones can not be copied. I went, it's going to take a little longer stress testing. These ones are going to be rock solid NFTs. These are unstealable. Don't even try it. Folks cannot steal the high security.

The Buccaneers had no legal right to reclaim Tom Brady's 600th touchdown ball from the fan

I looked at the season ticket agreement. I looked at the general ticket agreement... there's nothing on the Tampa Bay Buccaneers tickets that would give them the right to go get it... I don't think they'd have a leg to stand on if it would end up in court.

There is a greater than 50% chance Dan Snyder is forced to sell the Washington Football Team

I'd say once somebody with the power to get to the bottom of it gets involved [Congress], it gets north of 50... Once we know about some of the things that Beth Wilkinson, the investigator found, yeah, I think it becomes untenable at that point publicly for Snyder to continue.

Car dealerships are all bullshit and haven't changed in years

The car dealerships have never changed. They advertise what they do, but it's all bullshit... I really believe if I went into one of these dealerships, not so much that I could sell cars, but I could show them what the fuck is wrong with what you're doing.

Mark Davis will eventually have to sell the Raiders because he won't be able to afford the inheritance tax.

And then when Mark gets the team, he's not going to have the money to pay the inheritance tax on it. Correct. And so he'll have to sell that team.

I'm shorting Robinhood as soon as they go live

I'm shorting Robinhood, though, when they eventually go live.

The stock market 'pause button' was hit only to save the fat cats

The game's rigged. They literally rigged it in plain sight... The fat cats in Wall Street are basically going to figure it out, going to blame the small guy, going to make new rules. Like, we've already seen it.

Wall Street will eventually make it illegal to talk about stocks online once they realize message boards are too powerful

What will probably happen is there's going to be one hedge fund that goes out of business like Bear Stearns or whatever and then they're going to come back, rewrite the laws so it's going to be illegal to talk about stocks online and then boom now they're fucking you again for the next hundred years.

Amazon will eventually buy the entire NFL

Amazon is going to buy the entire NFL eventually. You think it was a one-off [the Amazon game]? It is not. Amazon is going to buy the entire NFL.

A parlay strategy involving five underdogs has a 50% likelihood of profit

I plugged in 32 outcomes, and then once each outcome happens, you see how much money you stand on winning in that moment... this actually has a 50% likelihood of being positive.

The US should implement a $1,000 stimulus check every two weeks for a couple of months

The idea of thousand dollar stimulus every two weeks... when people have money to spend we can boost up the economy... That's not a long-term solution... but if you do it every two weeks for a couple months and you also make it you have to spend it or lose it... that puts money into the economy that has a multiplier effect.

Mark Cuban made a mistake by not buying 10% of Big Cat's brain for $1 million

I'll go with Mark Cuban up buying 10% of my brain he's an idiot that was a dumb business decision I'm going to make I'm going to make that money back it was for a million dollars he regrets it 1 million dollars and he got all my lifetime earning from that day forward.

Business is the ultimate competition and much harder than professional sports

In basketball, you compete for 48 minutes. You practice a couple hours. You guys know in business, it's 24 by 7 by 365, and everybody's trying to kick your ass. Everybody's trying to come after you, and you got to battle all the time. Sports are easy, easy. Business is the ultimate competition.

If NCAA rules don't change, cryptocurrency will be used to pay college athletes

If instead of way rules don't change something is going to be the new thing because It is again. That's how it works. It has to happen... it wouldn't surprise me if that's the that's the move in the next couple of years if nothing changes.

Flavored 'Water for Dogs' is a billion-dollar business idea

I came up with a billion dollar idea maybe quadrillion or trillion dollar idea: its water for dogs... why not a little flavored water for your dog? So you can either go with the Savory option and have it be like a bacon flavored water or bone broth water.

WeWork is a disaster that will inevitably go to zero.

You are a zero and you're going to zero with a bullet... It always goes to zero because what you're basically doing is taking long-term debt obligations to either lease or buy a building and then you're providing short-term leases to some really shitty companies that don't make any money... It is a disaster on wheels.

I can sense the 'aura of success' or failure in a person before they even speak.

I can actually tell now when they step out on that carpet... and at that moment I can sense their aura. And I know exactly whether we have winners or losers. They don't even have to say anything. I'm right a hundred percent. I can now at this point sense the aura of success or losers.

There is a 90% chance I will sell $1,000,000 in Zillion Beers merch by Sunday

[What percent chance do you think you have to make a million?] A zillion? Yeah. Actually, 90%.

Big Baller Brand is failing because of government regulations

I don't know what the problem was, the big baller brand, because the business plan was solid. They had great spokespeople getting free advertisement all the time. And now they're just relegated to the discount rack at Kohl's. Well, not with all this regulation.

Women over 34 need backs on barstools, while younger women prefer stools without them

When you have women over 34, you put her back on a barstool... Under 34, you don't. And the reason why is over 34, women get very sensitive about their asses... Under 34, I want you to spin around for interactivity.

The QuadrigaCX Bitcoin CEO fake-died in India to steal everyone's money

The Bitcoin guy... Big Cat goes, he's still alive. And they are investigating his death because they don't think that he's actually dead... This guy is alive. He has all your Bitcoin. If you have Bitcoin with him, I'm sorry, but he's fake dead and you're shit out of luck.

The Bitcoin exchange CEO who reportedly died with the passwords is not actually dead

There's no way he's dead, right? There hasn't been a good fake death in a while... He is living it high with, he's probably fucking whales with John McAfee in wherever the hell they are.

The craft beer industry is currently being killed by bankers

Craft beer is getting freaking killed right now. And what's happened in the craft beer world... originally when people started making craft beers, they were into the beer. Now they're freaking bankers that are into the money. So half the craft beers now suck.

NFL owners should pay for their own stadiums without taxpayer money.

The owners should pay for their own fucking stadium. A segment that we'll throw out there... If the taxpayers pay for the stadium, they get to decide the rules. No laws inside the stadium. Anything you want.

Facebook is officially done as a relevant company

I'm calling my shot. I'm going to put the PFT death stake is going into Facebook right now. Wow. They're done. Have you been on Facebook recently? No. It's trash... it's all ants, trolls, and ants.

Elon Musk is a total fraud.

I'm so here for Elon Musk, like, just having meltdown after meltdown because everyone realizes he's a fraud and, like, promising people to go to Mars. ... Elon Musk... Total fraud.

People with the biggest egos usually have the thinnest wallets

Ever notice that people with the biggest ego have the thinnest fucking wallet? Because he doesn't listen to anybody. His ego gets in the way, they're typically not very successful.

Big Cat should buy Bitcoin, but PFT Commenter should stay away

Should you buy Bitcoin? I would say for Big Cat, I'd say for sure do it. For PFT, I would say not a good idea for you right now.

People with the biggest egos have the thinnest wallets

You ever notice that people with the biggest ego have the thinnest fucking wallet? Because he doesn't listen to anybody. His ego gets in a way that's typically not very successful.

Bitcoin is the future and will replace physical money

You think that the dollar bill's in your pocket right now? You think they're going to last forever? You think money's going to last forever? Okay, so Bitcoin's the future, baby. There's not going to be money in the future. There's going to be Bitcoin.

Texas is the only state that exercises sovereign immunity on contracts

Sovereign immunity is really appealing to third world dictators. ... the only state, the only state that exercises sovereign immunity on contracts is Texas. ... every state in the country eliminated exercising sovereign immunity on contracts, except for Texas does it to this day. ... And North Korea, I mean, sovereign immunity is a big deal with North Korea, Somalia. And that, you know, that's the company that's being kept if you exercise sovereign immunity on contracts.

Sports gambling will be legalized 100% across the United States

In the near future, do you see sports gambling being legalized across the country? 100%. Oh, my God. I'll be a multimillionaire overnight because I can advertise everywhere then. I can advertise any station.

Jeff Bezos is using Alexa to listen to every conversation in your house

Stay woke on this. Jeff Bezos just told everybody that he's listening to every conversation that you have in your house and keeping track of it.

The website Fantex, which sold stock in athletes, is a total scam

I went to Fantex.com. You'll remember Fantex is the company that allowed you to buy stock in professional athletes. Totally reputable company where you could pay like $10,000 to get like half a percentage of half a percentage of Arian Foster's future earnings. Not a Ponzi scheme. Not a Ponzi scheme at all. Totally legit, above board, and their website's not working.

Twitter announced the death of Vine just to get PR and check its importance

It seems like something that a company that was maybe down... they need a little press. What better way to press than announce a death?... they're like, if enough people object to us closing down Vine, then we'll keep it around.

Houseboats are the safest long-term investment due to rising sea levels

Polar ice caps. The whole world's going to be the ocean eventually. I'd say houseboats actually are probably the safest investment out there. ... I'm talking like three, 400 years here. You might want to be the guy with the houseboat.

My company Turing is worth one billion dollars

I don't like to talk about it, but if you look at the company, Turing, that I own, I think that company is worth a billion dollars.