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Episode 100 with Darren Rovell
The Compound and Friends
The Parallels Between Investing and Sports Betting
John Ruiz: Sports betting is an amazing, if that story is more amazing. I mean, it's like, you know, it's a penny stock now. It's going to be zero. It'll be. Yeah. But it could be like a three cent stock for a really long time. The consumer, the customer acquisition costs here are enormous and there's not really that much loyalty. So what's interesting is like, if you look at the number of apps that people have on their phone, the average person has 1.7 gambling apps.
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