PBD Podcast The Pilot | PBD Podcast | EP 1
Aug 5, 2020
Joshua Feuerstein, known for his bold views on politics, and Adam Sosnick, a regular contributor, dive into fascinating discussions about the future of the rental car industry, particularly Hertz's decision to sell 200,000 cars. They tackle TikTok's looming political challenges and its impact on youth amidst concerns about its data practices. The duo also explores the recent acquisition of the XFL, the potential of supersonic travel, and the critical need for innovative strategies in both sports and aviation, wrapping up with insights on media bias and the importance of strategic thinking.
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Holy Grail of Cards
- Patrick Bet-David discusses a recent offer of $700,000 for his Wayne Gretzky rookie card.
- He mentions a Mickey Mantle card's value, estimated between $15-20 million.
Hertz's Car Sale
- Hertz is selling 200,000 cars, about 40% of its inventory, due to decreased rentals.
- This could signal a long-term shift in the rental car business model.
Is Rental Car Industry Obsolete?
- The rental car business model may be becoming obsolete due to ride-sharing services.
- Adam Sosnick compares the situation to the taxi industry's decline after Uber and Lyft.