#34 - CES Highlights, Cloning US Startups & Compliance Education

**Shaan Puri** (0:00)
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Yeah, what's up, dude? How are you?

**Sam Parr** (0:31)
Hey.

**Shaan Puri** (0:32)
Happy New Year, all that good stuff. How was CES?

**Sam Parr** (0:34)
Yeah, I'm pulling up my notes now. It was amazing. They had-

**Shaan Puri** (0:37)
Had you been before?

**Sam Parr** (0:38)
No, 200,000 people. I'd never been to Vegas.

**Shaan Puri** (0:41)
Okay, all right.

**Sam Parr** (0:41)
You went for that fight. Had you been before?

**Shaan Puri** (0:44)
I've been to Vegas many, many times because I'm a degenerate gambler, but-

**Sam Parr** (0:47)
Wait, are you really?

**Shaan Puri** (0:48)
Yeah, like poker, craps.

**Sam Parr** (0:50)
I played with $500 and lost it. What did you play with?

**Shaan Puri** (0:54)
Like, when I used to go to Vegas a lot was when I was in college and I was like, stupidly trying to like make money by gambling, which is like the dumbest thing you could do. But I was, I'm good at poker and craps you can't really be good at. You can just kind of break even at.

**Sam Parr** (1:07)
It's poker, blackjack too, or is poker like-

**Shaan Puri** (1:09)
Poker, you're playing against other people. And you just pay a table rake. Blackjack, you're playing the house. You just have a defined disadvantage. Anyways, I love gambling and went to Vegas a lot.
Like when I was younger, I used to play like, I'd bring like 500 bucks.
And now, even though I make more money, I still play with like $1,000. I've only two X because now, the thrill of winning that money has gone down. But the agony of losing money, when I know I could have spent it in other ways, or like just the time that it takes, like just being there for eight hours gambling, I'm like, this was a shitty use of time now.

**Sam Parr** (1:43)
I was with a friend, my friend, I don't know how to play. I was with my friend and he was showing me, and he had 20 grand out.
And I played with him. He was aggressive and I lost all my money in an hour.

**Shaan Puri** (1:54)
It sucks to play with a friend who's playing different stakes because you don't feel the win together. If you're both winning, that guy just won eight grand and you won $80. And you feel like a schmuck when you get up from the table. You don't feel like you won, you feel like you lost.
And even when you lose, it just doesn't feel the same because you're like, damn, I feel kind of awkward because you just lost a car and I lost $100. I don't feel too bad, but you lost a car and I don't know how to treat you now.

**Sam Parr** (2:16)
Well, the good news is he has a host or whatever at the casino. So we went to dinner and I pulled out my credit card to pay for dinner. He's like, oh no, no, it's handled.

**Shaan Puri** (2:24)
Have you ever played credit card roulette?

**Sam Parr** (2:25)
Yeah, he wanted to do that there. That's just where you have a really fancy dinner and you pull out one card, right?

**Shaan Puri** (2:31)
Yeah, basically, instead of split the check, everybody puts their card in and then the waiter comes at the end and the waiter starts pulling out cards. If a card gets pulled out, you're safe. Last card in pays the whole bill.
And so I've only played it once and I lost and paid the whole $350 bill.

**Sam Parr** (2:44)
I did not want to do it. You know, it's Vegas, everything's expensive and we went hard. And so like a three person dinner was like $500.

**Shaan Puri** (2:49)
Right.

**Sam Parr** (2:50)
So I didn't want to do that.

**Shaan Puri** (2:51)
So he just paid for it, even better.

**Sam Parr** (2:53)
The other host did. Do you want to hear highlights?
All right, so there was 180,000 people there. It was very overwhelming. I said the MGM grand, huge, mind boggling. So I'm writing a report actually on the hotel industry because it's really fascinating. Right. Takeaways, the Chinese are ridiculously amazing.