Nateland | Ep #33 - Wall Street
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- เผยแพร่เมื่อ 2 ธ.ค. 2024
- If you've been confused about what's been happening on Wall Street lately, you'll be even more confused after listening to this week's episode. The guys break down the GameStop controversy, learn about Bitcoin, and discuss the future of money. Do they get anything right? Probably not.
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0:47 - Comment Roundup
19:36 - Aaron tries to cancel his gym membership
33:45 - Wall Street, Gamestop and the stock market
44:25 - The New York stock exchange and NASDAQ
51:08 - The Dow and the value of money
1:01:43 - The Big Short and Margin Call
1:07:50 - Biggest stock market drops
1:10:14 - Bitcoin and Aaron's Kill switch
1:25:33 - Future of money and banking
1:31:08 - Robo Advisers and the highest stock price ever
1:40:49 - Cashless society and data economy
1:44:30 - Could a robot be a comedian?
Co-hosts: Brian Bates ( / brianbatescomic ) & Aaron Weber ( / realaaronweber )
Podcast produced by Nateland Productions, Nate & Laura Bargatze
Recording and Editing by Genovations Media
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Email - Nateland@NateBargatze.com
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When I saw the topic I thought the team would be extremely unqualified to talk about the stock market. I was pleasantly surprised that I was absolutely right. The team should go back to much easier topics like “walls” and “streets”.
I’m starting at the beginning of Nateland and haven’t caught up yet but I look forward to seeing all of your comments as much as I look forward to the podcast. You must be a heck of a good butcher. Tell Nicole I said hi!
Hi folks, another catcher upper here saying you could not have been more right. I'm maybe 10 minutes into them talking about the market and breakfast already dodged a question about stocks by reading off more facts. They never lack on good laughs
The year is 2157, the dust settles on the barren Tennessee plains. In the distance, a man walks through the streets, small limp from his left foot. Years of science and research lead to this dystopia, and still there was no cure for his gout. He removes his bandana from his face, lifting his goggles to see he's finally reached his destination. As he enters the purple and yellow clad building, Allison on the front desk ambushes him with a barrage of words and conversation. He sighs, turns around and announces, "Not today..." as the silent genius, Aaron Weber, decides its just easier to pay the monthly payments.
💀😂
😭😭
Nate: "I'm not really an expert on wall street..." 5 minutes later: "Where does this money even come from?" I believe Nate's bar for "expert" may be significantly lower than everyone else's. I may be an expert in more fields than I thought. Thanks for the episodes guys, keep it up.
Aaron "Diamond Hands" Weber audibly gasps when he watches Boston Dynamics videos
I recommended this podcast to a coworker of mine last week. This morning he came to work and accused me of having him listen to it just because Nate mentioned my name. I couldn't believe what I was hearing. I immediately pulled out my phone and opened the most recent episode and heard you read my comment. It was everything I had hoped it would be, and more. Strangely, Nate pronounced my name perfectly the first time he said it. He then "corrected" himself and mispronounced it. It felt like all was right with the world. Tim Wiegand (pronounced Wee-gand")
I cannot get enough of this podcast. I’ve been listening to Nate’s comedy for 5 years and this is a fun inside look at other portions of each person’s life and thoughts. Also, Broccoli really needs a new website. It still says Wix at the bottom and I’d love to help him out. Aaron laughing at Nate reading the gout letter had me rolling! Keep up the amazing work!
Watching broccoli during the intro to every episode is like watching one of those commercials for irritable bowel syndrome. First the actor is smiling without a care in the world, but then a look of worry sweeps across their face, followed by shame and humiliation. Once Nate says let's read some comments, breakfast looks like he went to an all you can eat Indian food restaurant the night before and knows what's gonna happen next. Love the podcast keep up the great work.
If ignorance is bliss, then so is this podcast. I literally break out laughing every 5 minutes.
One of the best things about this podcast is no politics. When Aaron quoted President Biden saying "Hello folks" for just a moment I held my breath because like many people, I'm sick of all the nonsense. Then Nate made a joke, Bingo chuckled, and we were off in the politics-free-zone again. Great episode fellas.
I've worked on wall street since 2014 and nate's asking all the same questions i've been asking
hahahaa
This was a great one! Nate's roasting of Aaron "Killswitch" Weber was classic.
I'm going to call my trust company to see about my "kill switch."
This podcast is like a college group project - Bumblebee does all the hard work to prepare for the project but can be incredibly awkward in public, Aaron is the super smart guy who wants to fit in so he acts not so smart, and Nate is the guy who doesn't care at all and knows the nerds will do all the work for him.
Great podcast fellas! Keep it up!
O
O
I loved the point in this episode when Aaron got so fed up with trying to explain stocks to Nate that he just responded to every one of Nate's questions with alternating "mmhmm"s and "yeah"s hoping he would just stop asking. I feel like a good tagline for the podcast would be "Guys who know a little bit about something try to explain it to a guy who knows even less.". I love it every week- keep up the mediocre work.
AAron: What if you turned in your cancelation into a joke and sent them a 14 page letter that goes off into tangents about work, your grandma, your school grades , that bike you never got for Xmas...
I work in the will making business and I think when people hear the term “kill switch” when planning for their death they would think “pull the plug” which is outlined in the living will by the way. Based on the meetings I have sat through, I don’t think anyone would come in the sign a kill switch. This podcast makes Wednesdays at the kill switch office more bearable. Love you guys!
I lost it when Nate said "Tell em you have gout" the only thing that would have been more ridiculous is if Aaron would have said that to the planet fitness lady so we could hear the conversation stop dead in its tracks and the lady follow up with, "ohhkay..."
Another missed opportunity to mention Ryan Hamilton’s bit on cancelling a gym membership!! But truly love the podcast! My favorite episodes all have the sweet spot combo where Nate goes on an unprovoked straight RANT, Aaron starts laughing so hard he can’t breathe, and Boat Ramp has some hilarious one liner that gets ignored. So more of all that, please. Great job!
I feel like this entire podcast is an elaborate scheme to help Aaron get his life on track. Almost every episode brings up an errand that he needs run but has successfully put off. This is your reminder, cancel your gym membership and go to the doctor.
Nateland is an anti-podcast. I get more confused about the topic the more I listen.
Oklahoma Attorney here to tell you it sounds like Planet Fitness had some legal issues related to their termination policies. The repeated use of muddied and murky and the requirement of written notice scream legal advice. The letter is necessary for establishing a timeline on correspondence with clients and Planet Fitness.
Thank y'all folks.
Don't forget to send it certified mail, so Planet Fitness doesn't try any funny business. 😉
I completely thought this episode would be about you guys trying to figure out what Wall Street even is. But I was surprised by how much I learned and how much y'all already knew. This and the calendars episode have been shockingly informative!
That should be their tagline: "Shockingly informative!"
Please continue to discuss golf. My boyfriend and many friends like golf and Nateland is teaching me some informational nuggets which helps me be more knowledgeable when I'm around them.
Can’t wait for next week’s episode on Quantum Physics.
Wow I can’t wait for the next special! I’m legit so excited! I shuffle between his current specials almost everyday. What I like most about Nate’s stand up is that I can literally listen to it without needing to watch. That’s how you know it’s good: Nate paints the picture with his words and doesn’t need to rely on the extra choreography to make me LOL. I just turned 25 yesterday so this news is a great bday gift.
Hello folks! My mom USED to go to a bank for the experience, until it crushed her soul.
Every time my mom would go to a particular bank, she would be amazed at how the window person would know her name. She would say things like, "I only saw her the one time, how do they memorize so many names" and "this bank really goes out of their way to make people feel welcome" ...we would sometimes drive out of the way to go to this one specific branch, just because they knew my mom (or did they).
Anyways, when I was 5 or 6, we stopped over to the bank and my mom addressed the teller by name, because she had taken it upon herself to get to know THEIR names as well. However, this time, the lady that she had seen and spoken with maybe 15-20 times did NOT address her by her first name, instead saying simply, "hiiii, how are you today?"
My mom was disappointed. So, to make her feel better, I said, "oh don't worry mom, she'll see your name after you send the check through the tube."
Sure enough, when the lady sent the receipt back through the tube, she said, "have a good day Anna."
My mom was in disbelief and asked the lady how she knew her name and the lady said that she gets it off the driver's license (that also gets sent through the tube to verify the account). ...that was the last time we ever went to that bank.
Thanks for reading this far Bankston and Diamond Hands Weber
""I" before "E" except after "C" and when sounding like "A" as in neighbor and weigh, and on weekends and holidays and all throughout May, and YOU'LL ALWAYS BE WRONG NO MATTER WHAT YOU SAY!!!!"" -Brian Regan
all hail Brian Regan
@@cxh1225 yes, he's clean and funny to the point of making my grade school nuns look incompetent in matters of grammar. not mean at all just a little nudging for all parochial students with PTNST (Post Traumatic Nun
Stress Disorder). Psychiatrists and Psychologists making bank, too.
Isn't this the same special where he talks about his science project which was a cup with dirt in it. And the kid with the model of the solar system yelling "THE BIG YELLOW ONE IS THE SUN! THE ONE IN THE MIDDLE IS THE ONE THEY CALL THE SUN!"
Protein
44:30 - Brian asked a question by Nate and Aaron. Looking dumbfounded, just starts reading his prepared material about the NASDAQ and Dow Jones. I love it.
I was literally staring at Aaron wondering what was different about him before Bonnie pointed out he wasn’t wearing a hat lol nice hair cut man
Nate and Aaron: “So when you buy a share does that money go to the company to run their business?”
Brian: “So theres 2 major stock exchanges in the us. The New York stock exchange is a buyer seller market....”
Never change Brianna
For those wondering (over a year later) the answer is no. When you buy a stock on an exchange you buy it from someone selling it.
The company only gets the money when they take the company public, when they sell shares of ownership in the company for money. And those are of course stock shares.
Alright I'll see myself out
My background is in finance and I have never cringed for so long as I did during this entire episode. There were a few bright points but they were few and far between. Brody had the most accurate information while Aaron came in clutch with the current events. Then there's Nate; I don't even know where to begin and it seems Nate didn't know where to begin with understanding even the most basic premises. A+ for entertainment, C- for accuracy. I'll be back again next week!
agreed. as a former broker this segment made me smile. and now apps to bring new investors into "playing" the market. heaven help us all.
This podcast perfectly represents the Cs get degrees mantra.
Being a pro folk myself, noticing every one of their inaccuracies is both grating and endlessly entertaining.
I really wish I could sit in the corner to whisper corrections to Nate.
OH.MY.GOSH. I knew this episode was funny enough to listen to a second time when my husband wanted to catch up on the Podcast this week, but I couldn't remember what it was specifically that got me. Then Weber says "kill switch" and it hits me like a punch to the gut. I reflexively start laughing hysterically as Nate asks for the first of many times, "Do you just mean a WILL?" It amazes me that it took Aaron so long to realize he was describing a will... giving him the benefit of the doubt, he may have thought Nate was saying "Wheel" the first few times and thought they were just have a debate about Aaron's choice of switch vs. wheel. "Kill wheel? No, it's definitely kill switch." In any case, this back and forth had me laughing so hard I nearly peed my pants. Thank you for these weekly fits of laughter. You guys are helping me get through postpartum/quarantine blues! Looking forward to Nate's new special come March---I'll keep my Netflix subscription until then 😉
I thought Nate said “like a wheel” but he actually meant “will”
Me too!! I was thinking how in the world was that the second invention?!? No one owned anything! 😂
Ryan Hamilton has a great bit in his "Happy Face" special about the only two ways he was allowed to cancel his gym membership was to go there in person or write a letter. Refusing to go in to the gym, he was forced to write a letter. Realizing he actually had no envelopes or stamps, he had to walk past his gym to get the supplies to write the letter to cancel his membership. "If anyone in this day and age makes you write a letter to cancel a membership, they are bullying you". This was all I could think of as Aaron was making the phone call. I'm really glad my lazy self never signed up for a membership in the first place
Golfland is the perfect name for your golf podcast
Would love to see Theo Von for the Louisiana episode!
For sure! If Yannis can keep it clean for an hour I'm pretty sure Theo can too. Gang gang!
And I think he lives in Nashville now
Or Mark Normand
@@nathanbell3237 how dare you compare The Rat King with YAWNis the hack schlub.
this would be amazing
Let’s gooo, Folks!! Lady folk here! Yesterday, June 23rd! The Gymbership is canceled! It did take getting married to make him get it done?! 😂😂😂Great Job Aaron!
The second Aaron said there were some pretty popular ".org's" I knew he was going to say PBS.org. We're roughly the same age and those old PBS shows really drilled that URL into our young minds.
Hello folks! Nate, I genuinely look forward to hearing you read the comments each week. Listening to you has unquestionably made me more confident in my reading skills. Balthazar, behind that worried facade of yours is the structural backbone of the show. Good work by you. Aaron, sorry to hear your still struggling with gout. PS, hearing y’all read this comment on the show would be the greatest achievement of my life. Mom/Dad, I made it!
Love Nate roasting Aaron to the point he can’t talk because he is laughing so hard
Hello Folks! I would definitely hire Aaron “The Gout” Webber as my financial advisor. I would then hire the Bargatze & Breakfast Law Firm to sue Aaron for undoubtedly causing me to lose all my hard earned money. On the flip side, Aaron’s analogy was brilliant and easy to understand. Was it accurate? No idea, but the amount of confidence made it very believable.
"My Neighbor Felix" is Nate's version of Bob Sacamano
Hello Folks!
Nate, you almost killed Aaron and me with that killswitch argumant!
I love you guys, Nathanial, Balalaika and Aaron.
My immediate thought when I saw today’s topic is Wall Street: “oh yeah, that makes sense. I’m sure I’ll get great stock advice & learn SO MUCH from these literal jokers.” 😂😂 I haven’t even listened to the episode yet but I love it already.
Aaron is wicked smart though.
Ryan Hamilton does a super funny bit on canceling a gym membership. He can likely give you an envelope.
Leave it to the Nateland Podcast to do a topical episode then release the episode 2 weeks later, love the podcast keep it up lads
P.S Gamestop is at $52 a share I hope Balsamic told Aaron “A Grill like No Other” Weber to sell his stocks!
When Kill Switch tries to explain financial situations, I couldn’t help but think of that scene in Billy Madison when the principle tells Billy “We are now all dumber from hearing your explanation...” keep up the great work folks.
I can tell how far I am into the podcast by how much Aaron is slouching.
I think I remember a Nate quote from a few months back... "I dont like charts. I mean, I dont really understand them..." I remembered that after screaming inside myself for Mr. Notre Dame to show Nate market depth chart to help him get a grasp on what make stocks go up and down. But hey, Valuation, IPO, Market Cap, and Float are not very complex concepts, and I dont think I heard any of those KEY words come from the ND alum... who is apparently the leader on this topic. But seriously Arron, let the listeners know what FOMO feels like, and maybe help save them some money. You guys got an episode on neurosurgery next week. Gooood Night!
I will go ahead and boldly assume that Aaron still hasn't cancelled his gym membership. So, I think a good contest would be for "the folks" to submit written letters for y'all to choose from that he can sign his name to and send in for his cancellation. Would be some great content. Thanks for the great work on the show. Really enjoy listening to Nate, Aaron, and Bracelet. Also, Nate, you're welcome for having a name you can pronounce.
This is the first episode where I feel I am way more confused about the subject than before. Barney didn’t control the content as much as the last few and I felt it in my heart and head.
Episode idea. Maybe all 3 of you get blood work done and have a doctor sit in to explain how to read blood work and what you guys need change as far as eating habits go. Just an idea as the topic of fast food and unhealthy eating keeps coming up.
Hey guys - love you guys, love your show. when you own a stock your entitled to a small portion of the companies profits which the company will either pay you back via dividends or reinvest in the company for future profit which you’ll be entitled too. Less demand for a stock will result in the price going down and vice versa. P/E ratio which should be displayed on your app is basically the gauge for market sentiment. If you know that much your better off than most. Glad to answer any stock questions should you ever do a follow up episode!
In high school they made us take a “how to study and research” that would help you prepare for a topic. I just could not figure out why they made us do that... until now. Clearly they were targeting you 3. Let’s take a complex topic and print some stuff. Some good laughs but that was rough. All the best Nate, Bitcoin and what’s left of game stop.
Another classic episode! I CAN’T wait for Nate’s new Netflix special! I’ve watched Tennessee Kid and The Stand Up’s at least twenty times, looking forward to having another special in the rotation!
Hello folks, as a college student who studies economics this episode was extremely entertaining to watch. If only a university would hire the three of you to teach some economics courses together it’d be priceless. Most economics professors in my experience have been boring and dry but Nate, Aaron, and Breakfast could really make the subject more fun. Keep up the great work!
All I can picture is Nate trying to buy a car with his gold, standing over the counter like an Olive Garden server with his cheese grater filled with gold, turning and turning like “just say when man...”
Story about reconnecting.
Me and a girl met in highschool in a homeschool co-op. We didn't really get to know each other but we knew who each other were. She eventually went to public school so we lost contact. Eight years later I was swiping on tinder and she came up. She looked cute so I swiped right. She also swiped right on me. So it was up to me to start a conversation, I was then left with...what do I say to someone I don't know? Well best I came up with was a lie, so I said "Hey, I think I know you but I don't remember what from." And she told me what and I pretended to realize it.
I told her that I lied about that, a few weeks blater. She thought it was cute. We dated for a year and she dumped me. Comedy 👌🏻
Well what happened you can’t leave out why you got dumped😭😭
@@chefxhyrule242 We fought too much. Just weren't compatible.
There you have it folks! It took 33 episodes for us to figure out the level of topic that they should not cover. Nates conversation misdirection was at an all time high, Aaron with a record breaking amount of slightly correct facts, and Bamboozled was just that and barely spoke. I absolutely love this show. Never change and keep pushing the envelope.
This is the funniest episode so far. It’s like 3 guys, high out of their minds, pretending like they know what they’re talking about. Catch is they’re completely sober and just kinda slow. Haha
And now for the reading of the kill switch!
I'm from OH and now live in WI. Never have I ever had somebody bring me a piece of lemon with a Coke.
Wednesday is the best day of the week solely because of this podcast. Loving this episode in particular because Nate likely has the most expendable cash and has absolutely no grasp of stocks, Wall Street, bitcoin. Keep up the good work guys!
Did Aaron forget his hat because he didn't put it on his calendar?
Nate thinks SOS is the same as SMS. Ship captain Nate: "The ship is going down. Send out an SMS to the Coast Guard." Sailor Aaron pulls out his phone: "What should the text say?" Captain Nate: "SMS you idiot". Sailor Aaron shrugs, types message: "Our ship is sinking. SMS me back...quickly please." Breakfast is already swimming for shore.
Nate- Brian- Aaron.. I’m slowly listening to (and thoroughly enjoying) your catalog of episodes. starting at 1 and going all the way through really gives you an appreciation for the running jokes and each of your individual contributions to the comedy of the show. I’m currently on Episode 21- Fast Food.. so I should be caught up soon ! looking forward to the growth of your podcast ! OH and if you haven’t found the name for your fans yet .. how about Natelandians ..?
When making the call to cancel his Planet Fitness membership, that is still in the wrapper, Aaron displays one of the classic signs of his worsening gout. After learning that a letter was an option, he attempted to adjust the bill of the Notre Dame cap that he wasn't wearing. (21:10 mark). Tried to play it off by fingering his hair, hoping Natelanders wouldn't notice. We are a perceptive bunch and that's why we keep coming back for more. Another hilarious podcast from Nate, Aaron, and Beanbag.
As someone who studied finance and trades stock regularly, this was brutal. Good effort guys, love the pod
Correction. It was a well effort.
Love how Nate keeps having Vanderbilt equipment around, even though he clearly never went there.
Hello Folks!
What's up everybody... I mean hello folks
No chance Weber cancels that membership. I got a crispy C note that says he never sends that letter.
I’m pretty sure Nate says the same word to describe what Aaron could invent if he went back in time as well as the document that goes into place when you hit the kill switch. Someone needs to tell him it’s “wheel” and “will”. Y’all are the best!
The kill switch conversation was great, but Aaron has a point. When you die, it's not all about money that would be contained in a Will. My mom recently passed away and we had to access a lot of her online accounts and we didn't have any of her passwords. When loved ones die, you need to cancel their social media accounts, cancel their credit cards, get access to their bank accounts, turn off their utilities, etc. It's not all about the money in the Will, it's a million tiny tasks that are super difficult to accomplish. The idea of the 'kill switch" would be so that when someone passes away, all of those accounts would be notified that the person died, and they should close the accounts, or at a minimum the account information and passwords would be sent to the person that was designated by the person when they were still alive.
I'm so conditioned to translating Nate's accent to normal English that when you said will I translated it to wheel and was extremely confused.
I’m late to the game, but I just listened to the episode about urban legends. The ankle cutting car thief made me think of a guy in Conway, Arkansas, who was arrested for hiding under cars and sucking on people’s toes. They called him the Toad Suck toe sucker, named after Toad suck park in Conway. Hope Nate, Aaron, and Brenda like that story.
A few months ago I emailed my local gym to cancel my membership and they replied “send us a letter.” To which I replied “just any kind of letter?” And they replied back with a form for me to fill out saying why I want to cancel. I’m sure that’s what the grill is supposed to be doing and not just sending a breakup letter. I still haven’t mailed in the form
“Hey why don’t you guys uhhhhh, invest in batteries or something I dunno” -robot portfolio manager.
Holy crap I was laughing so hard at that
“You guys heard of these three prong plugs”
Gold. Refine that for a special for sure.
Aaron needs to learn to just say, “I honestly have no idea.” Especially when master-Bates has already done the research.
Hey Nate, Aaron, and Bonnie.... I Would love if you guys did a whole episode about ghosts/paranormal experiences you guys have had, if any. You 3 continue to make me laugh through my work day as I have the podcast playing in the background while I work. Much love and many laughs!
Thanks folks, this episode gave me shingles and flashbacks to high school econ. Maybe next week you could talk about string theory or infinity, or maybe the never-endingness of space. The amount of research Bermuda-shorts does so Nate and Aaron can comment on is impressive. Love the show guys!
Gold bar stuff is gold
1:19:56 - Aaron describing the complete opposite of what a "kill switch" does....
I always look forward to Wednesdays. I love watching three slightly educated men try to explain things to one another that no one understands what they're talking about. Thank you! :-)
If Planet Fitness is going to make people write a letter to cancel a membership it should be the most ridiculous letter of all time. Have fun with it, tell them you don’t agree with their logo due to your flat earth theory, make up an incurable disease(Chive syndrome) or the color purple makes you anxious. Just throwing that out there, later folks.
Wow. Wall Street?! That’s not a title I was expecting. Nevertheless, I learned something new. Nate, Bon bon, Aaron you’ve done it again.
Not calling anyone out, just saying Ryan Hamilton has a very funny joke about canceling a gym membership by weighting them a letter! Love the show, hope that works out for A-A-Ron! Shout out to Biscuits for always trying to keep the show on the rails!
I appreciate finally having a podcast that I can play in the living room with the family. Luis j Gomez dropped your name on Rogan's podcast a bit ago...never heard of ya
I'm convinced no one on this podcast knows what a killswitch does
It is a requirement that Aaron writes a comedic filled letter and please post it on your social media that we may all enjoy how eloquently mix comedy with the serious nature of closing this account over your COVID and Gout concerns.
Love the show, Nate, Aaron, and Buffalo. Another suggestion for a show is "sayings".I just need you guys to explain to me what high and dry means. Goodbye folks.
Nate pronounces “will” and “wheel” exactly the same way
I thought he was saying pin instead of pen.
Aaron - Please do not cancel your gym membership. I will pay for it if you start using it. Also, have you seen a doctor yet for your gout? I only listen to this podcast because I am concerned about your health.
He should write the Planet Fitness cancellation letter in calligraphy with a feather pen & ink. And use a wax seal stamper.
Fact Check: Escape (The Pina Colada Song) by Rupert Holmes came out in 1979.
Like Nate, I was born in 1979, so several years ago I bought a CD of the Billboard Top 10 Hits of 1979....
Nate-rant timestamp alerts should be a thing.
Nate talking stocks and shorting stocks when he had trouble pronouncing Gerber. Yes. Like the baby food. Love the show folks keep its up!
Aaron really wanted someone to comment on him not wearing a HAT this episode.
You're welcome, Aaron.
"bit of a talker, yikes"
Waiting for “The Aaronland Podcast” to start? Will it be listed as a separate show or will it continue to be layered within Nateland?
I agree with Nate, no onion and no tomato and my brother is the same we definitely wanna try your restaurant. Also I think it would be fun to get Theo Von and Josh Wolf on the same episode. Maybe the episode could be about touring in comedy or how yall convinced people that yall are all funny haha just joking I think all 5 of you are hilarious