**Scott Phillips** (0:10)
Welcome to Motley Fool Money, the podcast that is days away from filing a $1.8 trillion IPO prospectus. I'm Scott Phillips, soon to be trillionaire, the already trillionaire, who is of course Andrew Rampage, the man for whom Strongman was just a stepping off point to global domination. He's going to make Elon Musk look like a try-hard. Let's be honest. Mr. Page, how are you?
**SPEAKER_2** (0:32)
Yeah, good, mate. Yeah, very good.
**Andrew Rampage** (0:34)
I don't think that's going to happen anytime soon.
**Scott Phillips** (0:38)
I appreciate the humility, mate. It's nice of you to just play it down. It's good of you to pretend you're one of the common people, and we appreciate it. We love you for it, so I'm saying.
**Andrew Rampage** (0:47)
I don't have the ability or the guts or the motivation.
I'm striking out three different ways of doing that. The fascinating thing with Elon, love him or hate him, is that he is either, he's just got the mightest touch, or he's just the luckiest guy on the planet. Because I'm sure people know this, but he was rich for a while, right? But the reason that he's the richest person on Earth is because he just doubled down again and again. It's like, oh, I made all of this money from PayPal. I'm going to throw that all into Tesla.
**SPEAKER_4** (1:27)
Oh, I made a bunch.
**Andrew Rampage** (1:28)
I'm going to throw that all into Rockets.
**SPEAKER_4** (1:29)
Oh, I'm going to do it.
**Andrew Rampage** (1:30)
And it's just sort of like, it's, as I say, I'm entirely sure that there's a degree of luck because there always is there. But yeah, either way, it's just that as I say, that's why I say I don't have the guts. Because if I was to even like get to like a thousandth of where he was at, I certainly wouldn't be betting at all, right?
**Scott Phillips** (1:54)
It's also, I mean, I kid to compare you to Elon, but there is, you've pinched him before, maybe on this podcast, certainly on the Good Old, when I had you on ages ago.
You mentioned just the kind of, you don't know what you don't know, the naivety, and I think the other side of that is ego. I won't put that in your basket, but I will certainly put it on Elon's. I'm sure he'll say, yeah. The idea of kind of like, I am going to go and do a thing. I think this thing is doable. I'm going to go and do it. And there is, we talked before about success.
**Andrew Rampage** (2:18)
No, you wouldn't do it if you think it's not going to work, but I'm going to do it anyway.
**Scott Phillips** (2:22)
Of course, it's going to work, it's guaranteed to work. No one else is doing it. So I was like, I'm the one with the idea. They don't know anything, but I know, and I'm going to go and do it. And the thing is, that's the only way it can happen, right? Because you can't, it's the old line of all progress relies on the unreasonable man, right? Because everyone's like, oh, it's fine.
And someone was like, no, I'm going to do this differently. And nine and a half out of 10 crash and burn, right? You don't read their autobiographies, but you hear the stories of the billion dollar valuations for straw man or the trillion dollar valuation for SpaceX.
But in all seriousness, it's necessary, right? And so people, we often have that conversation, I don't know if you and I have had it on the podcast show, it must have at some point, of kind of when is enough enough at a business level, right? Like when do you kind of go, I'm not going to bet the company anymore. And famously, it's the Kerry Packer, Rupert Murdoch story. Rupert was like, I bet the company I think twice or three times going to, eventually by Fox in the US. And at any of those times, had that not come off, he's, oh, I remember that guy who had that, what's his name again? And it's worked, right? And Kerry Packer, maybe because he was, I mean, Rupert's the son of the founder, Sir Keith, and Kerry's the son of Sir Frank, so they are not dissimilar, but Kerry's view was always, I will never bet the company, I will never risk the company, so I will make smaller bets. And it's a fascinating point at which you go, I will push hard, but here's my line. And to your point with Elon, it's like, I have no line. I just, I believe so fervently in what I'm doing, I'm just gonna, I'm gonna push the envelope and go hard and, you know, to hell with it. We've said before, he has said Tesla would have gone, there'd have been a recession in the early days of Tesla. The business doesn't exist anymore.
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