Ben Gilbert: belief

Transcript context

…I think so. I should have done my research before, but I’m clicking through this Wikipedia page now in real time to verify that. That is just insane that that is true. A bank, an airline, an insurance company, cable, or telecom. My last category here is sugar water. You got Pepsi Center and Smoothie King Center. The vast, vast majority of these arenas are named after pure commodities that have no way to compete in their business other than to differentiate on brand. What they have to do is pour these brand dollars into making their actuarial tables in the case of insurance companies or interest rates appear somehow differentiated to consumers than their competitors. This seems to be the popular way to do it. I think the only NBA arenas that are not one of these pure commodities are pyramid schemes and casinos. Amazing. In which category do you put Oracle? It depends if this TikTok deal goes through or not.…

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