Man we had some fun on this episode!
We had my brother, the restaurant HUSTLER Mutaz, on, along with the crazy, wacky, offensive and gotta-love-him comedian Noshod Barrow on.
We started out talm'bout the markets - how's it possible that earnings for some companies -- like Apple, FedEx, are actually going DOWN, yet the stock market's going UP?!
We then discuss Trump nominating a pizza chain CEO to the Fed board, and how maybe that's a good thing for investors, even though the dude's unqualified!
Finally, we asked my bro - how did he succeed in the restaurant bidness?
What are some of his secrets to makin money in restaurants?
And what's the craziest thing that's ever happened to him as a restaurant owner? (HINT: he almost burnt down a train station)
Enjoy the episode! Thanks for tuning in!5:40 Markets
11:02 Fed Reserve Bank Propping up Market - they are like the captain of the titanic
12:50 Noshod question about Federal Reserve messing up economy
15:24 Federal Reserve Bank
15:55 Noshod qualifications for Fed
19:17 Could a chair run as governor of Virginia?
22:14 Is Donald Trump a time traveler?
27:40 Mexican border shutdown
29:00 Brilliance of Trump: creates problem, presents solution
32:54 Trump cancels border shutdown to improve stock markets
34:35 Mutaz teaching us the restaurant business
36:17 Mutaz: "it ain't that glamorous"
40:46 Noshod’s restaurant idea - kick ass drive-thru
42:03 Amer asks Mutaz would you advise someone to open a “different” restaurant
45:24 “Love what you do” - Mutaz. Businesses fail b/c lack of knowledge of funding, management, customer service
48:03 Funny story of Mezza burning down
52:51 Logistics of restaurant business
57:22 Marketing food service establishments is important
1:01:23 When to close down a restaurant?
1:05:40 Tricks to make restaurant successful: Dad saying buy own produce from the “Farmers markets on steroids”
1:07:46 Cutting out middle man for produce to save money
1:09:44 How much to make price of food based on costs?
1:11:29 Economy slowing down - evidence? Retail rents going down
1:11:55 Uber Will go public at $100B valuation
1:16:20 Uber transformed transportation
1:17:40 Accents of Uber drivers and self driving cars
1:20:13 Amer doesn’t recommend buying Uber or Lyft
1:21:21 Are we in a time that is almost impossible to bring down America?
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