A tipping point for retail in Australia?. June 19, 2026

**SPEAKER_1** (0:10)
Welcome to Motley Fool Money, the podcast that is waiting, just waiting for a billion dollar streaming deal with amazon.com. I'm Scott Phillips from the Motley Fool. He is already a billionaire, so he doesn't need the money because he created Australia's premier online investment club. It's known as strawman.com and he is known as Andrew Ram Page.
Mr. Page, good morning.

**SPEAKER_2** (0:30)
Well, I'll take the money. Don't disavow you of any notions that I don't want more.

**SPEAKER_3** (0:39)
I am nothing but a greedy capitalist, my friend. If there is a dollar on the ground, I will pick it up.

**SPEAKER_1** (0:45)
I'm going to tangent, we are literally 37 seconds inside the recording time. I'm going to tangent already.
How much is too much? I find fascinating, absolutely fascinating. Some of the conversations we're having at the moment around policy in general, I don't want to get into policies necessarily at all, actually. But I think it's fascinating. The...
I don't know how much is enough. For me, it would be a lot less than a lot of other people, obviously. And the zealousness to which self-interest is guarded as you end up with money in the M's and B's and T's, and you kind of go, no, no, no, I'm already a multi-billionaire, but I really, really want to screw some more people to get some more money. And I'm not saying this wrong.

**SPEAKER_2** (1:33)
If you frame it like that, then that's very different to, I want to serve more people and create more value.

**SPEAKER_1** (1:38)
Let's talk about the policy stuff, though, rather than actually doing the business, but I'm talking about the other stuff where it's like, I mean, I will make a veiled reference to those with billions of dollars who say, the minimum wage is too high, or whatever other stuff from that. Well, no, but it's more just the idea of kind of like, really, like, you could pay your workers double and it wouldn't make a difference. I'm not thinking you should, I'm just saying, when you get into a policy argument at that point, at that level with that much money, I mean, I'm not there, right? So, and I'm not there because I'm not that person, so it's a bit self-fulfilling, it's a bit self-referential, but I just, how much is enough, and at what point do I say, I'm gonna be a little more generous and a little less self-interested? And again, I know they're loaded terms, I don't mean them to be. Just that idea of kind of like, the next dollar, the nth dollar, the, you know, I'm gonna make sure you can't make, possibly make more than you can absolutely get out of it, as opposed to, I could just, you know, I'm not gonna negotiate the last 1%, you have the last 1%, it's not a big deal, let's just get this done. I find that just so interesting on a psychological level.

**SPEAKER_2** (2:41)
I mean, people are greedy. I don't know if you realized.

**SPEAKER_1** (2:45)
But what I mean is, I'm greedy because I want enough. When you got some version of enough, and there's the great Jack Bogle quote about it, when you got sufficient amounts, the greed then becomes some sort of external scorecards, slash psychological kind of constructs, slash this I've always lived my life, slash I need to win, because it's ego.
I'm not trying to paint anyone necessarily negatively. I really do find that interesting of like, the will and the desire, after whatever point that point is, to kind of go, I'm still going to go on, you know? I don't know, I just find it fascinating on a psychological level.

**SPEAKER_2** (3:24)
Yeah, it's interesting. Yeah, oh gosh, how do we say this quickly?
It depends on the motivations. If it is purely, I want more money, I think, I mean, this part of me is just like, well, I sort of have the view that people can do whatever they want as long as they don't injure other people.

**SPEAKER_1** (3:41)
I'm not saying it should be stopped.

**SPEAKER_2** (3:43)
You know, even if I think you're an a-hole and a piece of poo, I, you know, it's like, if we start, if we start, you know, it's a very slippery slope, but I think a lot of the time it's incidental.
There are serial sort of entrepreneurs out there that I just want to do the thing. We're circling around the name. Let's just mention it.

**SPEAKER_3** (4:02)
Elon, right?

**SPEAKER_2** (4:03)
So he, you know, and again, I just want to say, because I just instantly don't want to divide the audience. And I think he's a weird guy.