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Ep 80 Coaches Corner: “The Psychology of Money”

Here’s the transcript of the full episode:

Hey guys. Welcome to our 80th episode. Today we are going to discuss a podcast we listen to, uh, where Morgan Housel, the author of the book, the Psychology of Money is Interviewed. And then we’re gonna talk about doomers, really just negative people, um, and how difficult they are to, to kind of be around and understand.

Thanks for listen. The opinions expressed in this podcast are our own, and they do not reflect the opinions or views of FC Advisory, the Financial Coach group, or the New Wealth Project. Nothing discussed on this podcast should be interpreted as investment advice.

Welcome to un. Episode 80. This is Megan

and Mike. This is Jeff. 85%. This [00:01:00] probably won’t shock you, but 85% of men like lose their hair by like age 70, like completely. They have some hair lost by the age of 70. Oh, like 85% Like that. What? That, that’s not gonna surprise 55% of women. I was kind of shocked by that.

When you say lose their hair, you mean lose? I have some sort of hair loss. Yeah. I mean, yeah. 55% of women. Yeah. Yeah. What causes, why, why do men lose their hair with so much more than women?

You didn’t do any follow up.

I do know that’s all you got. Oh. You know, it was obvious like testosterone is, is the main driver for why we men use lose their hair more than women.

So having more testosterone leads to hair loss?

Correct. I mean, I, without getting into like testosterone affects another like Yeah. Hormone or something. Yeah. Hormone in your body, which that prevents hair

growth, the endocrine [00:02:00] system,

something like that too. Yeah, I thought so. I was gonna lead with the testosterone.

Mm-hmm. , but I thought that was just too obvious and that both of You’re gonna laugh at me. No. Nope.

All right. . That wasn’t necessarily fun cuz I don’t think hair loss is fun. . Okay,

so can we talk about this for a second? So, all my facts have to be fun. Like, literally fun. You have to, it’s in the title. It’s actually in the

title.

I

mean,

I, I guess they don’t have to be, cuz if we go back to the tapes they have, I mean otherwise we would just say, we would call it facts, right?

I, I find them all fun, but . Okay.

All right. We don’t have a lot of Philly.

We, oh my God. We still don’t want Philly sports to talk about.

No. What are you talking about?

There has not been a large enough like time that has passed between the end of the Philly season. You can’t, it’s March. I’m not doing it. It’s March. It’s barely March. And you’re talking about the Phillies? Is that what we’re doing? Who’s excited?

Lemme ask you.

We have one listener who’s excited. So go ahead.

Let [00:03:00] me ask

you. What do you think that Phillies will make it back to the World Series? No. No. Wow. like that quickly. Yep.

Dude, you know how difficult it is to do that two

years in a row?

Yeah. I’m telling this is no dynasty. This is just a team that’s like Jason,

second 1 43 in the afternoon, 2023. I’m saying the Phillies are gonna make it back to the World Series.

Okay.

timestamp it. We got it. .

I’m also saying the Eagles are gonna make it back to the Super Bowl. Oh my God.

Okay. Also, I don’t agree with, but

just, just a few predictions I’m throwing out way in advance. Mm-hmm. . Mm-hmm. . Okay. Sixers me ask you something about the Sixers man, I guess. The Sixers? Yeah. Okay.

Mm-hmm. Joe didn’t play last night. Mm-hmm. , he played the. . Yeah. They destroyed them. Yeah. They’re a different team [00:04:00] without Joe Ellen be, yes. What are your thoughts on that statement? I’m not saying Trey, Joe, Ellen and Bead. I’m just saying like, of course. What are your thoughts on that statement? That they’re just a different team when he’s not on the floor.

When Maxey scores 27 points, like what’s going on? Why, why is that? I mean, I, I know why it is, but why can. , Tobias and Maxi and some of these other peripheral players be as consistent and as productive with Joelle on the floor. Uh,

I mean, obvi like the style of play of Joelle and Bead is very ball dominant, right?

So when you play with a guy who touches the ball as much as he does, who scores the ball as much as he does, like it is naturally gonna mean less touches. The peripheral players. My issue is, and I believe it’s [00:05:00] coaching, is that there has been no attempt to combine what we’ve seen as a, like a quicker pace of play without Joe.

and the dominance of Joe, we, it, it, they play one or the other. Literally, depending on whether or not Joelle is in the game or I, I shouldn’t say in the game, playing in that game because it’s not like when Joe gets, goes to the bench, the scheme changes. It’s not like there’s personnel changes in those moments to take advantage of the fact that they can play at a faster pace.

Cuz Doc doesn’t do that. And that’s been the knock on doc his entire career as a coach is that he makes zero adjustments. He lives and dies with the same scheme, game after game, team after team, organization, after organization. Like to think that anybody who was pro. Expected a different outcome. They’re [00:06:00] lying.

Okay. Yeah. I mean, it’s, it frustrates me. Yeah. Yeah. It’s wild. Frustrating. Yeah. I mean, I’m, I’m at the point where I don’t need every single time down the court to run through Joe. I don’t need him at the top of the key, you know, beyond the three point

line. He’s doing that less and less. That’s between

Okay.

Okay. But. Give it like, let Tobias make that play. Let Maxi make that Let Maxi stand to three point line and try to drive the hole because you’re gonna pull so much attention. . It’s, it’s, it’s bothering me now because specifically after watching that game last time, I’m just like, oh my God, look at this team, dude.

Well,

and, and think about earlier in the season, like this is probably the most evidence we have to support this in Doc and Joe’s combined time in Philadelphia, because Joe was hurt to start the year and there were points when Harden was hurt. Like, and, and the Sixers were running with what [00:07:00] is now deemed.

Mostly. , like a sub lineup and they, they did pretty well and a lot of it again, had to do with pace of play. The freedom of the Max’s, the, I, I hate to buy this. I’m not gonna give him any more credit cuz I don’t think it matters for him, but like maybe any other player, I mean, shake, like mattered for a couple of weeks there.

Milton. Yeah. D Anthony, Milton, I mean George Yang. Like there’s a lot of opportunity for these players to matter. if the scheme is reflective of like both Joe on and Joe off the court, and it’s just, it’s not now, like I, it’s gonna be tough to convince me that Joe should get less touches. I do believe, however, that when Joey is not in the game, which is a lot like he’s a seven.

Physical dude, like he needs rest. If he’s gonna play, you know, into the [00:08:00] playoffs, like he can’t play a ton of minutes a game. So, but I agree that when he comes off the floor, the scheme has to change and it just, it never has.

I heard yesterday that the Sixers have made it past a second round. of the playoffs one time in the last 38 years.

Yeah. Mike. And

that would’ve been when they went

  1. Oh yeah. Yeah. Was was the last time they went and then when they went was with AI and Yeah. And they played the Lakers. Yeah. And, and the flyers, I mean, they haven’t been to a cup, well, I guess they played the Black Hawks, but that’s 10 years ago. They haven’t won anything in like what, 50.

when, when you say won anything meaning winning the sail cup? Yeah. Um, that would be 75, 74,

5 or so? Yeah. 50 years ago. Dude, those two organizations, you gotta turn it around, man. [00:09:00]

Sixers Yeah. And

fliers. Yeah. Six ERs not making a pass the second round in 38 year. Once in 38. flyers not winning a cup in 50.

That, that’s worse than the flyers because the flyers have been pretty deep in the playoffs many times over those 50 years. But you gotta win that and had a lot of success the past 10. You know, the past 10 years have been absolutely the worst in franchise history by far. Yeah. It’s disappointing. Yeah. No, it is.

I, yeah, let’s not talk about, move on . Okay. Talk about something else. All right.

Um,

I mean, we don’t have any

other sports. No. Nope. I don’t even wanna talk about the. you already did. Other than my prediction. They’re gonna win , they’re gonna win the Super Bowl

next year. Okay. So we’ll jump right into Coach’s Corner.

Let’s do it. Um, so for Coach’s Corner, we actually listened to a podcast, so we’re gonna talk about someone else’s podcast on our podcast. I love it. Um, the podcast is Scott Gallo’s, the Prof g Pod, and he [00:10:00] interviewed Morgan Housel who. Um, talked about a bunch. He’s a writer that we, um, we refer to often and he recently wrote a book called The Psychology of Money, and the section of the pod that we’re gonna discuss today is, um, their discussion on kind of the book.

But I would say more generally, like money.

Yeah. I thought it was a great listen for anyone between the ages of like 15 and 65. Yeah. Yeah. When it comes to how. You think about and should behave and should interact with your money and your financial

plan. And I think that’s always been what we’ve said about Morgan specifically, is his ability to make what feels maybe overwhelming and bigger like topics like money.

Just really common sensical.

I don’t listen to him much at all,

but even when you read

him, I read him. Yeah. I liked him even more after listening. . [00:11:00] Yeah. Well, he

doesn’t real, I don’t think he has a, um, I might be wrong. I don’t think he, he has a podcast, right? I bought the book. This is kind of why I brought this.

Did you read it subject up? I bought the book because I’m gonna give it to my kids to read and I haven’t even read the book. Okay. But I know what’s in it cuz it has a lot of stuff in it that he’s written about before and there’s just like so many gems in there. So, and then when I saw he was on the Galloway podcast, I listened to it and it’s.

Kind of the highlights he talks for. Yeah. It’s 20 or 30 minutes of, of them talking about some of the highlights and there’s just so many Great, great. Like you said, Jeff, common sense, very articulate, simple. Yeah. And really meaningful, important stuff too. It’s not, it’s all like we’re like, our heads are nodding with everything he’s saying.

It’s not which hedge fund should I Right. Aspire to invest in? No, I thought it was, um, , we started doing this pod because we wanted to. [00:12:00] information to the public that we thought was relevant and should be something that they are paying attention to, rather than all the noise that our industry produces.

This is like, I, I couldn’t be more adamant about if you are 30 years old, 20 years old, 60 like. Listen to this podcast from minute 20 to 60 and buy his book and read it.

Yeah. I mean, a couple of things that I just jotted down from it that I thought was was good was he was making the point at the outset that a lot of people just hear finance, or they think finance and they equate, it’s like math.

Oh, there’s some equation that spits out a solution, and then that’s what it is. Couldn’t be further from the truth. It’s behavior, it’s emotion, and it’s all this stuff that’s not math. And that’s so spot on. Um, and this is stuff that we’ve been talking about forever too. Um, and then one of the other things I, he brought up that I thought was interesting was that, and it might have been Charlie Munger, who we referred to who said this, and he’s, he’s talking about financial literacy with young people and his point.[00:13:00]

you know, maybe 10% of the population gets it as, as a young person, like, get compounding. They get it. They don’t have to be really taught and they’re on their way. Like they can, they can handle it themselves. In fact, they don’t need help. The other 10% on the other side of the spectrum will never get it.

They’re the compulsive gamblers. The people that are just, you couldn’t, you’re never going to get through to them, um, the important concepts. But the 80 or so percent in the middle, They’re the people that need help. Yeah. And will be able to be helped. And, and so I thought that was a really good way to think about it.

Um, especially if you’re one of the people trying to identify which 1:00 AM I right? Yeah. I

loved his analogy of this business to other businesses when he said, um, you can’t find a country bumpkin that can perform heart surgery as well as a Harvard educated heart. , you can buy an index fund and just put money into [00:14:00] it every month and just continue and never look at it and just let it go.

And there’s a really good chance you might outperform, like one of the best hedge funds in the, in the world. And there’s n there’s no other industry that you can kind of make that kind of statement with, which I thought was interesting. Yeah.

I love how much, and, and, and Scott Galloway said it a bunch too, like how much they remind us of luck.

Mm-hmm. like, yep. Because it, it is so, easily lost on it. One of the statements that they made, and I’m, I’m gonna butcher the exact phrasing of it, but it was like, like nothing in, in extreme times good and bad. Like, it’s not gonna last, right? Like, nothing extremely good is likely gonna last. Nothing extremely bad is gonna last, but like luck is ultimately like, where that shakes out for you.

And I think whether it’s, they talk about that luck, they talk about when and where you’re born being lucky. Mm-hmm. like, it, it, you can do everything else. Right. But there, there’s some element of luck to everybody’s lives and I just don’t think we. [00:15:00] Acknowledge that and, and not, we generally, like everybody, we don’t acknowledge that factor in our lives enough.

I wrote

it down as well over the past 10 to 15 years. That’s something that I’ve been, had my eyes opened to more. Um, and I just, I, I love that whole concept because I relate it to anytime like you read an article, you hear somebody talk, it’s like I’m self-made. Like you’re not self-made. Yeah. You got lucky at some point.

You’ve hooked up with good people that have helped you. Like you. No one is self-made. Yeah. You’ve gotten help and you’ve gotten lucky. Everyone. I mean, there’s not one. You ask Jay-Z, you ask Warren Buffett, you ask any of these super, super successful people, Beyonce, whoever they will, I guarantee. 99% of ’em say just, I just got lucky, man.

Yeah. And I worked hard.

Sure. Yeah. And for the most part, you were born in this country, not Uganda or something. Right? Like that’s such an important thing that [00:16:00] people, most people don’t ever really think too much about, which is. You have no control over that. And, and the people that are born to start with in let’s say America, it doesn’t have to be, but America is, is that’s such a headstart and all that.

And so, and, and he, a lot of this pod and maybe even the book is geared probably towards younger people with Yeah. With the advice in terms of, and back to luck, like a lot of, let’s say 20 somethings. Make an investment and, and Bitcoin and all that crap comes to mind. Make an investment that does really well.

It’s a, you know, 10 Xer or something, and then they think they’re, oh, this is easy. I’m so smart. And. inevitably will, you know, fail. Uh, because most of the time, as you said, that was just lucky. Yeah. Um, and on the other side, if things go against you, it’s many, oftentimes it’s just shit luck. It’s not, it’s a, it’s wrong place, wrong time or timing is wrong.

And just keep at it and keep at it and keep doing it the right way and it’ll, it’ll all even out for you. So, , maybe Captain [00:17:00] obvious in, in some of his stuff, but it’s so, uh, not obvious when you think about what is talked about and written day to day, to day to day. It’s not this, it’s not this stuff. I had a, um, a conversation with a client last night who has like a small, I’ll call it like play investment account and.

He’s like, I, I don’t want to do this anymore. Like, it’s not, I’m not enjoying it like I used to. And he is like, but I’m curious if like, I’ve outperformed the money that, that you’re managing and we’re sitting here, the 50 minutes up until this hour meeting, like we were in cash flows, we were in retirement planning, we were talking about paying for college, like the portfolio, the investments themselves, like weren’t even on the table.

And he brings that up at like the, the 11th hour and. , is this what you think is gonna make a difference? Like Right, you think that you’re $5,000 and it just listening to how Morgan [00:18:00] just describes all of the, the. , far more important things right. Than your $5,000 play account. Right. Outperforming some other investment in the grand scheme of things.

I was like, I’m gonna send this to this client tomorrow. Yeah. .

Yeah. Mike, you had said, I like it. It seems obvious. I mean, I think it’s obvious to us, cuz we, we, we live in, in this, um, kind of narrative our, I mean we believe it to our core. Yeah. Um, But when he says, when you do really well one year in investing, you, you chalk that up to how smart you are.

And then when it goes the other way and you do real poorly and you do very poorly, it’s, well, I was just unlucky. I mean, that’s how literally people think. They, they, they pat themselves on the back when it goes their, their way and when, and they think they’re so. . And when it doesn’t go their way, it was some other factor that was the influencer, it’s the Fed or

it’s

whatever it is.

Right? That’s not obvious to most people. It’s obvious to us because we [00:19:00] live and breathe this every day. Um, the other point he made what I thought was really, really good was, uh, cause he wa, I don’t know how much of a fan of like Robinhood and all that he is, but you know, obviously teacher kids. Um, you know, some of the basics, some of the fundamentals, but also like, let them do that stuff.

Mm-hmm. . Yeah. Because they’re going to screw up and rather than they screw up at 19 and 20 and 21 than when they’re 45 and they have their kids 5 29 and invested in some speculative cannabis company. Mm-hmm. . Uh, I thought that was awesome advice. And let them skin their knees early when there’s not a lot at stake, uh, when there’s not a lot of other people that are responsible.

I thought that was a great point. Mm-hmm. .

Yeah. And one other thing I wrote down is that, , and I can’t remember the context, but he was saying something around averages and how average never happens, right? Mar like market returns. It just never happens. Never. 0%. But yeah, we always talk, we talk a lot in terms of averages and, but real life is extremes and [00:20:00] the average is just so.

Like you calculate over time. And that’s not what anyone experiences on a short term basis. And like every bull market is born out of a bear market and vice versa and like 100% of the time. And it’s so true. Um, and sometimes you just get. lost, or, or you, you don’t remember to think of it in those terms.

It’s just really simple points. You know, every year

is a volatile extreme. Yeah. Like, it was a great point. Mm-hmm. , I, I also enjoyed how he was talking about how, um, when he was getting to like the behavioral piece, like it does, it just doesn’t matter how smart you are. Mm-hmm. doesn’t matter how brilliant or intelligent you are, you are still very vulner.

to making poor decisions based upon your behavior. Mm-hmm. , and he articulates it better than I ever. . Um, and it’s obviously something that we base this business off of. Like why we he, why we’re here, why we exist, and we see [00:21:00] it every day. I mean, we interact with really, really smart people. They’re dumb sometimes when it comes to this stuff.

Yeah. You know, they’re like, oh, I just talked to my cousin who said that we should get outta the market. Like, what, what do you like? That’s the dumbest thing I’ve ever heard. And you’re a really smart person. Mm-hmm. and we hear it all the time. It’s just, it’s, it’s, it’s such a phenomenal. , go Morgan .

Um, well, one of the things he talked about that can maybe segue into our next article if you guys are good to Yeah.

Move on. Um, he’s, and now he’s, I’ve read this from him. He says it, he tweets it. I mean, this is like maybe one of his, at least in my experience, one of the phrases I hear most often is save like a pessimist, invest like an optimist. And he talked about it in the pod, but. The article that we read was kind of about that mindset and the term that, um, they coined in this article is, don’t be a dor.

This is written [00:22:00] by Noah Smith. It’s on his like personal sub. So I don’t even know how I came across

Personal sub. It’s like a blog. .

Okay. Wow. . Um,

can you read that? Can you say that, um, that one line again? Invest, like, save

like a pessimist. Invest like an optimist. Can you explain that to me? So save like things.

Awful and gonna get worse. Okay? Like you always need to save, save, save, live within your means, right? I’m gonna lose my job next month. So if you just keep saving, right? You’re gonna have a medical emergency the following year. You’re gonna need to spend X on a kid the following year. But then invest like the world continues to innovate and create, and companies get better over time.

genius.

So simple. So

simple. . Yeah. So simple.

Yeah. I mean, yes, I, I agree. But I mean, again, as we know, people don’t think that way, right? And people think that they can, you know, based on the headlines or whatever it is that, that that’s gonna be, [00:23:00] um, something that they, that needs to be reacted to. tactics employed to take advantage or avoid whatever that, that’s just human nature though.

But it’s so true. I mean, you’re right. It’s, if you’re, and we say this all the time, sometimes we say it to clients or prospects, like if you’re, if you’re a dor mm-hmm. , if you’re like, you’re probably not a good fit for us. Like you have to have that fundamental optimism in, you don’t have to be like loving everything that’s going on in the world.

Right? Sure. I’m just saying. . But if you’re one of those like perpetual, like, oh, world, you know, the world that everything’s going to shit, probably not a good, good idea to work with, um, firm like us.

Yeah, we can, I mean, for a lot of reasons. Yeah. I mean, number one, we, I don’t want to be surrounded by right.

People that are just miserable and constantly coming in and talk about how bad it is, the negative. Yeah, that’s miserable. I, I can’t do anything about it. I mean, there’s nothing you can do about it other than just, I don’t know. , [00:24:00] buy an island somewhere and exist there by yourself, but there’s nothing you can do about it.

So you, you have to have a positive attitude and be optimistic that the world will figure it out. Right? Covid, world Wars like it, we figure it out and advance and poverty becomes less and unemployment becomes. I mean it, that’s just fact. It’s not made up. So you have to be optimistic.

So within the article though, he’s, he kind of drilled down on some more specific stuff that’s really in the headlines a lot with, like, with wealth and equality and things like that.

And, you know, a lot of people are focused on that and whining about it, but, neglecting to recognize how, in absolute terms, things are so much better than they’ve ever been on the whole planet, right? Like poverty. Um, but it’s

still really bad. But there’s still a [00:25:00] big gap. I mean, it’s still. When you drill down and you walk through neighborhoods and you see it like, it’s still bad, but I,

I’m, I’m saying something different.

You know, every single measure, illiteracy, hunger, e everything compared to what it was, even not that long ago, is phenomenally better, right? So, to me, it reminds me of the whole relative thing, meaning like, if you’re doing much better yourself, let’s say financially, professionally, what, whatever. , but your neighbor is doing way better than you or is, is Excel is winning even more.

You’re not happy, right? Because you’re comparing yourself to others. And that’s to me is what that, that focus on the, the wealth and equality misses the market. And I’m not saying that it’s not important, but what’s more important is in absolute terms, is are people better off? Like are billions of people better off hell yeah.

Right? So,

and when it’s never gonna go away, I mean, there’s always gonna be poor and hunger and inequality. S is, but [00:26:00] hopefully it’s improving. Hopefully it, hopefully it’s getting

better. Mm-hmm. , which, I mean, there’s data to support the fact that it is. Right. And that was like, sorry, I, no, I’m saying that’s really the, at the core of this article is that while things can seem bad, and to your point Mike, like if you abs, if you look at the absolute, I like numbers.

They might not feel good, but that doesn’t mean that they haven’t gotten better. And, and I get, I get back to like, is, is our goal here is to, to eliminate wealth inequality? Is that the goal? No, because what if, you know, the, the gap grows over time, but the, the whole thing is getting so much better and more prosperous and like that, that’s the goal, isn’t it?

And then who cares? , the very, very rich get, you know, richer as, as long as everybody else is doing better, like who cares, right? Yeah. I don’t know. That’s just my, I’m on my soapbox on that soap. I’m

off . . [00:27:00] So I’m watching like the last of us. Yeah. And it’s apocalyptic. It’s so bad. I love it. I love it. Yeah. I don’t,

you’re out.

I’m in it. I’m, I mean, I’m in, but I don’t,

am not enjoying it. This isn’t a last of us review, so I didn’t need both of your opinions on it, but, um,

writers should be

fired. . There’s one episode where this guy is, and it’s not a spoiler, like he has everything needed. in the event that there was this apocalypse, generators, food ammo fence.

And he knows everything. He knows electric electricity and plumbing, like he knows everything. Carpentry. He can do everything. He’s a superhero. He’s by himself. Like we know people. We have clients, people in our friend group that. and are trying to prepare for that eventuality. They’re preppers. Like it al it.

It always blows my mind like, [00:28:00] okay, so we’re gonna spend time and energy worrying about this, which is probably not gonna happen. And I’m not talking about a zombie apocalypse, just mean like, The internet goes down and like all hell breaks loose and like everyone spins off the planet. Like, then you’re gonna be hunkered down in your, in your bunker by yourself, right?

Or with just your family, God forbid, ,

like

you’d kill yourself. So why are we wor, why are we worrying about it? Why are we preparing for

it? Why are there so many movies and books made about that scenario? Because people love to like, think. Or I mean, that’s like a really interesting scenario for a lot of people.

I feel like that’s part of it too. And it’s

fear. They’re afraid it’s gonna happen. Yeah, right. Like we ha I, I know people that have cars that are not gonna be affected by electric magnetic pulse . What?

Yeah. I, I mean, I don’t know that I, I [00:29:00] feel as strongly as you that it can’t be worried about. Obviously, like the apocalypse is not a concern of mine whatsoever in any version of it.

Even the internet defaulting or whatever is not a concern of mine, but like some, the grid, what about the grid going down? I, oh, okay. I’ll, I, I don’t know. I, I’ll, I guess I’ll deal with it or I won’t. Like the other things mentioned in this article, like, Hunger, right? Like, like the, the wealth gap. Like just generally, like those are things that I don’t think we can completely dismiss as non problems, right?

So I don’t wanna like go so far as to say like, I know I personally don’t have a ton of ability to impact those things, but I don’t wanna say that they don’t deserve time, attention, and resources, right? I’m not there. Right. But I also think that it all has to be addressed in the context of things have gotten better and we want them to continue to get better.

We can’t go down these wormhole like the tweet that was focused on this article, which [00:30:00] described it as we’re living in a late stage capitalist hellscape during an ongoing deadly pandemic with record wealth inequality. Zero SA social safety net job security. As climate change cooks the world like wholly dramatic.

Can you imagine? Sitting at a bar, talking

to that person, with that person, I, I would want the apocalypse to start right then if that’s who I was sitting next to. So like the, to me it’s like we’re, we’re too far on either end, right? We’re somewhere where it’s like, who gives a shit? Or we’re like, this is the worst place to possibly be.

And we just finished talking about all of the things Morgan said while, like, which I guess it’s gospel according to Morgan. . There’s literally no better time in the history of the world to be alive than today and in America. No. No. Better time ever. . Yeah.

I should have prepared it for today, but like, grab Nick Murray the beginning of every year, like he just rattles off all the stats.

Mm-hmm. of how much the [00:31:00] world is improving and those stats, like people living in poverty, hunger, like it’s, it’s unbeliev. . I wish there was a way to solve it. I wish there was a way. Sure. But, um, yes. Like you said, Meg, it’s the best time in history to

be alive. Like, would you rather be alive during the Civil War so you’re not in a late stage capitalistic healthcare?

Like No, no, no. Thank you.

I, I mean, I just, I can’t get over. Dumb. I am from the standpoint of some people are so good. They came. It’s so simple. I can’t believe I didn’t think of it dor like, like coming off of like boom. Like playing off of boomer. Yeah. It’s so simple. Like all these doom stairs, I just call them doom stairs.

Like how did I not think to call them Doomers? It’s so great. .

Yeah, it is very fitting. . All right. Anything else? [00:32:00]

No. Maybe I just think I’m funnier than I am and I should have thought of that. .

Yeah. I don’t think that, not coming up with that is really an intelligence thing. ,

you’re just not that

funny. , you’re not even funny.

Like clever. Yeah. . All right. Top five. Sure. Top five songs featured in a movie. . Correct. Or in a movie, correct. Or from a movie, correct. But does not have to be original to the movie? No. No. And doesn’t have to be a full soundtrack, like we’re looking for specific songs, doesn’t

have songs that were in a

movie,

whatever, you know?

Yeah. I would say it has to be, it has to be on the

soundtrack. Right? Right. And But it doesn’t have to be like the soundtrack of this movie. No. In totality, right? No. Okay. Who wants to go. You look like you chopped at the I’ll go first. Only, only because I did not love this category even Really? Jeff loves it.

I love it. and mine are, mine are bad. Um, and they’re old. So, so there’s that. I’ll start off with, um, [00:33:00] um, attune from Pulp Fiction. What’s it called? Son of a preacher man. Dusty Springfield. Mm-hmm. . Okay. Just was fitting good. Good tune. What part of the, there’s a lot of good ones in that. What part of the movie was that?

Oh, man. Now you’re, now you’re, I don’t know. I don’t remember. I really don’t. Okay. All right. No, no, no problem. I’ve got in the same vein from Reservoir Dogs stuck in the middle with you, Steeler’s. Was that

the ear scene? The

ear scene. That’s, that’s great. That’s a good one. Next I’ve got, um, this is not a good one at all, but I just, um, from the movie Wall Street, this must be the place Talking heads.

What part, what, what scene was that from? It

was like one of those, I, I feel like it was, um, a transitional scene, like a compilation of, of stuff going on. Okay. But it was just a good tune. Good background

too. of a good train. Jason, why these wrong soundtracks? ? Yeah, they are.

They’re, oh, I didn’t verify. And then I got, um, from Ferris Bueller.

Oh yeah, that, uh, that’s a good one. Um, by Yellow,

I believe that’s like an [00:34:00] actual song. It’s Aren’t all of yours actual songs? No. I didn’t know that song was an actual, but he’s on the bus and it’s just going. Oh, there were a couple you could have done from that one. I know. There’s a lot. And then my What was the, yeah, what was the one, what was the one

in the parade?

Uh, is it Twist? Yeah, there’s that. Yeah. And then my last one is from Office Space. Good to be a gangster when they’re smashing the, uh, fax machine. That’s a good one. That’s a good one. . Okay, Mike, you did good. All right. Thanks. I thought it was bad. , can I go? Yeah. Lose

yourself. . I knew you were right. I knew you were gonna take that

one.

That was like a, I didn’t put it on because it was, it seemed obvious. Yeah. Um, this one also is probably pretty obvious. My heart will go on Titanic.

Yeah, that’s right. I did think about that one.

I actually thought of another Celine one, but I went with that one. Um, I will always love you, Whitney Houston, the body.

songs like Iconic. Yep. Yep. [00:35:00] Um, I , I don’t know if this counts cause I’ve actually never seen the movie, but the song that he’s playing and say anything when he has the, that’s boom back. It’s called In Your Eyes. Yeah, it’s Pier Gabriel Classic. But I just, I like, I, it’s a classic scene, so I feel like it applied even if I didn’t know it.

Um, and then I’m gonna go with Kuna Matata.

That’s a good one. Um, okay. So I mean, I just went with the two biggies and now did you guys have to do any research for this? Because mine were all off the top of my head.

I needed to do research. I had lose yourself hakuna matata and um, my heart will go on. off the top of your head.

Off

the top of my head, yeah. Yeah. So I’m a little angry because I, uh, we’ll always love you from Bodyguard. Was, was on mine. Mm-hmm. , uh, and it was like, dude, no one’s gonna have this cuz. But then when I, I did research after I built my list. It’s like the first one that pops up. . Yeah. . So I, I, I went with the two, the, the two like haymakers, like over the rainbow from the Wizard of Oz.

Hmm. Oh, so you’re going like, just [00:36:00] classics cl I mean,

just like the, the biggies, like the, the Mount Rushmores, I mean. Okay. Right. , uh, I, the Tiger from Rocky. Mm-hmm. . And then I just back down to like my personal favorites. So Gangsters Paradise From Dangerous Minds. Deep Cover from Deep Cover. Uh, and fight the power from Do the Right Thing.

Oh, that’s a good

one. Yeah. Yeah, it’s a really

good one. That’s a good one. .

Yeah. Cool.

We good? We good? Yeah. Thanks for listening.

Till next time.

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