China

“Of course there are people working for China, for Russia, for different countries as foreign agents, and there's actually been like cases of this where guys basically took the, you know, like The machine learning model out on a USB stick out of Google and like…”

“What I saw when I lived there was, the average person there works far harder and is much tougher, and the, like, the expectations of your rights and your leisure and your, like, the coddledness of employees is, like, night and day. Like the average employee he…”

“Basically there's a story that came out of this girl who paid her way through college. She's basically made a few 100,000 dollars and all she does is she names Chinese babies. With American names.”

“You know, the rigor of operations that you need in business. Like there's no better training for that than the rigors of military and the systems and the timing and the production, the detail oriented nature. He's like, so any manufacturing business in China t…”

“If Taiwan actually gets invaded by China, you could see a 30 or 40% drop in the stock market beyond what we've already seen.”

“Apple's got 95% of their manufacturing in China. They agreed to invest. They've invested hundreds of billions of dollars in manufacturing capacity there. They've agreed to invest a further two hundred and seventy five billion dollars in Chinese manufacturing i…”

“I bought like a manufacturer. They're based in China though. They make, Like playground balls, like you know, like ball pit type.”

“Brazil's got a little bit of, they're down from a little bit, but China, like, so China right now hasn't been a buyer of U.S. New crop beans, haven't booked any cargos, which is unusual.”

“And they basically, I think they explicitly said this on their website. We have a nine, nine, six culture, which means working nine AM to nine PM, six days a week.”

“The US has it because they seized the Silk Road, right? So they have, you know, the US has twenty billion. China has twenty billion. UK has six billion.”

“Ha, I guess half of China's internet users are watching these, what they call mini dramas.”

“They're, you know, gonna make the South China Sea a hellscape and make China now wanna cross that that, that, that ocean and keep Taiwan safe if they keep going on the path they're doing”

“So you're, all your goods are going to go up by 25 to 30%. So that's inflationary, right? So if you thought, you know, inflation was bad before the price of eggs and all this stuff, well, wait till Christmas season comes and nobody could buy a toy because all …”

“So he came out with like a 50% or whatever. It was like a 35% plus 20% tariff on China. So it's like, wow, 54%, that's gonna be crazy. And then since then, he added another 50% on top, so now we're at one oh four.”

“Most likely what's actually going to happen is like, he's like, you know, we tried to do this in Trump's first term, and all we did was make Vietnam great again. Like basically this manufacturer just shifts to one of the other low-cost Asian countries that has…”

“These dolls are produced by a Chinese company called Popmark, and the maker for this guy, Wang Ning, he is now the 10th richest man in China.”

“Three months later, I'm like looking at the P&L, our margin has dropped to three percent. We have a three percent EBITDA margin, five percent or something like that, and you know, I want it to be 15 or 20%, and I'm like, ah, how do we fix this? And it's like, …”

“He's actually a pretty young looking guy, but the crazy thing is, as he starts to put the pressure on the Chinese guy, They cut the feed in China. No way, really? How badass is that? They cut the feed of the broadcast. They're like, no, we will not show, we wi…”

“China already has this incredible, like, population advantage where they produce five million graduates in math, computer science, and engineering compared to, I think we have, like, half a million that are in technology, the technology and science fields in t…”

“And to be fair, 99% of American companies go into China and think they can just succeed with the same business model. And for China to operate it successfully, you need to a completely different business model, completely different team.”