The podcast covers topics such as Art Basel, the $40B Nutella Empire, Taylor Swift's potential as Person of the Year 2023, and Shohei Ohtani's $700m Contract. They also discuss their experiences at Art Basel, explore the controversial history of Napoleon Bonaparte, and talk about teenage drinking in parks and hanging out at libraries.
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Quick takeaways
The Ferrero family's success in the confectionary industry can be attributed to their focus on quality products and investments in hazelnut farms and distribution.
Taylor Swift's dedication to her craft is evident in her intense training regimen and the unforgettable experiences she creates for her audience during her tours.
Baseball's rich cultural significance, iconic teams, and dedicated fan base contribute to its lasting significance in American society.
Deep dives
The Ferrero Family: From Nutella to Confectionary Empire
The Ferrero family, known for their confectionary empire, built their success on Nutella, a chocolate-hazelnut spread. Nutella has become a global phenomenon, and the Ferrero family is now the second-largest confectionary company in the world. They own various popular brands such as Ferrero Rocher, Kinder Surprise, and Tic Tacs. The family's success can be attributed to their focus on quality products and their investments in hazelnut farms and distribution. Despite facing criticism regarding palm oil and child labor in hazelnut farming, the Ferrero family continues to thrive and innovate in the confectionary industry.
Inside Taylor Swift's Athlete-Like Touring Regimen
Taylor Swift is not only a talented musician but also an athlete-like performer. In preparation for her tours, she undergoes an intense training regimen, including a three-hour daily cardio session where she runs or fast-walks on a treadmill while singing her entire setlist. Her tours are grueling, with performances lasting three and a half hours in front of tens of thousands of fans. Swift's dedication and commitment to her craft are evident in her rigorous training routine and the unforgettable experiences she creates for her audience.
The Impact and Cultural Significance of Baseball
Baseball, often considered America's favorite pastime, holds a rich cultural significance and has iconic teams like the Yankees and Dodgers that are institutions in their own right. Despite criticisms of the length of games and frequency of matches, baseball remains deeply rooted in American culture. It fosters memorable experiences, and attending games at iconic stadiums like Yankee Stadium or Wrigley Field is a cherished tradition. Baseball's historical impact, its dedicated fan base, and the cultural prominence of teams and players contribute to its lasting significance in American society.
Shohei Otani: The Two-Way Baseball Phenomenon
Shohei Otani, a Japanese baseball player, has become a sensation by excelling as both a pitcher and a hitter. His unique ability to excel in both positions is reminiscent of Babe Ruth, who was also a two-way player. Otani's decision to pursue his dream of playing in the MLB and doing both pitching and hitting sets him apart, as most players specialize in one area. While his incredible talent and marketability should make him a global superstar, baseball's diminished cultural relevance has prevented him from reaching the level of global recognition he deserves. However, Otani's incredible story of determination shows that he is willing to defy cultural norms and pursue his dreams.
The Financial and Cultural Impact of Shohei Otani's Contract
Shohei Otani recently signed a record-breaking 10-year, $700 million contract with the LA Angels. This deal is groundbreaking not only for its astronomical value, but also because Otani is worth every penny. As not only an exceptional pitcher and batter, but also a marketing phenomenon, Otani brings immense value to the team. His ability to captivate both the Japanese and American audiences, along with his tremendous skillset, make him an incredibly marketable player. Additionally, his signing exemplifies the financial power of American sports leagues, especially the NFL, which dominates the list of the most valuable teams. While soccer/football has a global following, it still has a long way to catch up with the financial dominance of American sports.
The NIA boys discuss Art Basel, the $40B Nutella Empire, Time & Taylor Swift and Ohtani’s $700m Contract
Timestamps:
(00:00:00) - Intro
(00:01:28) - Art Basel
(00:11:32) - Meme of the Week
(00:13:07) - $40B Nutella Empire
(00:38:47) - Person of the Year 2023: Taylor Swift
(00:56:03) - Ohtani’s $700m Contract
What Is Not Investment Advice?
Every week, Jack Butcher, Bilal Zaidi & Trung Phan discuss what they're finding on the edges of the internet + the latest in business, technology and memes.