Elon Musk JUST Confronted Vivek Ramaswamy | What JUST Happened

in this video I'm going to break down an

over two hour conversation between a

Vivek a candidate for president will

link his information down below and Elon

Musk moderated by David Sachs going to

do my best even though I'm not

personally feeling my best in fact I'm a

little nauseous I'm a little sick but

you know what I gave me a lot of time to

listen to this and give you a synopsis

of it so without further Ado here we go

Vivek is the candidate who says he was

able to create a multi-billion dollar

company while getting married and having

two kids he started out his conversation

very strong he says he's worried about

the American dream that Americans are

striving for purpose and because they're

striving for purpose we're unfortunately

falling victim to self-hate like

flogging yourself or as Elon Musk says

punching yourself in the face with

basically things that don't matter like

wokism now Vivek wanted to extend that

to some of the extreme climate change

sort of fight that we've potentially

seen and Elon was probably not the best

person to say that to since Elon quickly

defended how important it is to make

sure we don't mess up the Earth we have

here and how he spends his blood and

sweat and tears fighting for climate or

the climate in America and the world

it's this is a global issue this is a

human issue now Vivek and Elon were able

to agree that of course we should focus

on individual achievement and purpose

and maybe because we don't really have a

wider common enemy we find enemies

within each other you know how united we

got after 9 11 that kind of unity is

missing much like Rome was able to

survive for 2000 years because they had

common enemies outside of the Roman

Empire rather than enemies basically

within it which could ultimately lead to

its collapse which was a lot of the

debating that was going on between Elon

and Vivek was this pessimism about the

future elon's suggestion for how to

solve this was rescinding donations to

Big colleges that teach anti-americanism

basically corporations or donors who try

to influence what we teach individuals

through a liberal arts education and

essentially indoctrinate them into hey

if you're white you're bad if you

succeed you're bad if you're successful

you're bad these are issues that we

should strive for in terms of

achievement and success and of course be

colorblind to things like skin color and

instead basically encourage success off

of Merit which is something that Vivek

really tries to double down on now I

personally ran for governor in

California and I came in second out of

recall candidates with almost a million

votes what I thought was amazing was

that Vivek adopted a similar mindset at

the start which I had as well which was

equal opportunity equal chance

regardless of the color of your skin but

also elon's opinion of the focus on

education now Vivek didn't Echo this as

much as I really wish he would have

Vivek had a great start with hey we got

to make sure the American dream is there

for our children I argued that in

California what am I supposed to tell my

children about why I raised them in

California without crazy California is

becoming so they took a similar angle

here as I did during my Governor

campaign but in my Governor campaign I

had a really clear road map for what I

called future schools which was

basically incorporating trade skills in

our schools financial accounting trade

skills and practical skills so that

every high schooler could graduate at 18

without the need to to go to an

additional trade school or college in

other words everybody would have some

kind of skill to fall back on that is

missing today a lot of people graduated

18 without the opportunity or ability

should I say to do anything there might

be plenty of opportunities but the

ability to do anything might be lacking

I really wish Vivek had a stronger

message here he really agreed with Elon

that yeah those donations to the woke

promoting institutions is bad fine we

can agree with Elon on that but elon's

not running for office I think Vivek

needs a stronger message here but in

spirit I agreed in meritocracy the next

thing that I also agree with both Elon

and vivekan and is also something that I

ran for when I was running for governor

was finally streamlining our immigration

processes the concern in America is that

hey why do we want to let other people

in when you know they're just going to

come in here and use our social services

and then our text dollars will go to

support them I personally don't agree

with that and I don't think evivec and

Elon agree with either I think what we

should be promoting though is that if

somebody is capable of moving from a

different country to America and then

being employed not taking somebody

else's job but being employed providing

skills that are unique but not extreme

skills like you don't need a PhD the way

you do now or some kind of crazy stem uh

achievement to be able to essentially

make it into America instead anybody who

can prove that they would have the

opportunity to work for a company or

create a business where there currently

isn't one or whatever just to Foster

competition and basically be

self-sustaining well they should be able

to apply and have a streamlined

immigration legal immigration process

supporting illegal immigration and then

providing free services for illegal

immigrants I don't think sets the best

precedent because now we're inviting

essentially anybody in to break the law

not the biggest fan of that of course I

understand there are always

circumstances and edges around a core

ideal but I think Vivek could have

really doubled down a little bit more on

hey how exactly are we going to enable

people to come into America with a more

streamlined immigration process we can

all agree in spirit that the legal

immigration process sucks and basically

what people do is they just get married

and then they live a full life for a

couple of years until their immigration

appointment and then they make it in

beyond that we've got to actually

streamline the immigration process by

reforming it and I didn't get a lot of

color on that from Vivek although

usually in America we tend to get lost

in the me weeds so maybe there's a

method to his Madness of not providing

too much detail but anyway Elon and

Vivek uh well Elon made a good analogy

here about how look if there are Ace

players on other teams in other words

people from other countries we should be

able to have them join our team and we

could all Crush together this optimistic

view that hey look adding people is a

net benefit to everyone now Vivek then

talked about how he you know was the

founder of this company that you know

launched many Pharmaceuticals and

otherwise

I lost Vivek a little bit here I wasn't

as excited about vivek's past as I

thought I would now before I go into

this next segment I just have to give

you disclaimer because we're about to

look at some financials for a company

that Vivek is involved in and I want to

give you a heads up look I cover Finance

daily on this channel and really news

that makes you money often that does

involve Politics as well because

political decisions can affect the way

we make money I teach how to build your

wealth and really how anybody can become

a millionaire and a zero to millionaire

real estate investing course stocks and

psychology of money and plenty other

programs on building your wealth

including how to make more money with

artificial intelligence or as an

employee or as an entrepreneur in other

words you want to be more productive and

you want to make more money some really

good programs linked down below I am a

licensed financial advisor as well and I

run an actively managed ETF so when I go

through this I want you to know that I I

look at balance sheets and income

statements on a daily basis and while I

haven't read every word of this filing I

do have some concerns with this company

that Vivek help found but before we look

at the financials a bit of background

according to the nyt which I know many

people are going to throw their hands up

and go ah come on this is going to be

biased but listen to at least the

allegation and then let Vivek defend it

in the future but I'll show you the

financials first right after this

preface here apparently in 2014 Vivek

founded this company Roi event Sciences

I call it Roi Advanced Sciences because

that's actually what the allegation here

is that the company's Roi stands for

return on investment which was a really

interesting way to name a pharmaceutical

company that the priority was return on

investment rather than like you know

life sciences or something that was like

promoting actual biological outcome

right but anyway uh promoted or founded

this in Bermuda which is a tax Haven

area with a hundred million dollars in

funding for the hedge fund that he

worked for after college then what they

did is they ended up buying for five

million dollars a patent for a specific

Alzheimer's drug that GlaxoSmithKline

had given up on after four failed trials

now later that drug would go on to fail

it didn't end up succeeding and I'm

talking within the eight years

thereafter no success it never succeeded

but guess what happened in the meantime

six months before starting any new

trials on this failed drug that he

bought the rights for for five million

dollars he ended up taking axovant

public so in other words he carved out

part of the company that he bought for

five million dollars with this hedge

fund backed money and then ipo'd the

company for three billion dollars that

company today is public and it's worth

over 8.9 billion dollars which you might

think hey like that's amazing it must be

doing really well if it's worth over 8.9

billion dollars today right well that's

where the cynicism of the New York Times

story gets me scratching my head and I

go well maybe they started with Rocky

foundations but maybe things have gotten

better right

no this is a company that in 2022 Roi

Advanced Sciences again I'm purposely

mispronouncing it because that's what

they created this name for anyway

for 2022 the company had zero product

revenue and 55 million dollars in

licensing Revenue

in 2023 they finally had some revenues

but 28 million dollars of revenues 33

million dollars of Licensing revenue and

here's the wild part I understand when a

company loses or spends nearly half a

billion dollars on research and

development I get that but why would a

company spending half a billion dollars

on research and development also be

spending over half a billion dollars 600

million dollars on selling General and

administrative fees much of which

includes stock based calm

so hold on a second a company with

nearly no revenues

is dumping a ton of money in the selling

and the administrating of a company that

isn't really selling a product they're

researching a potential product but

anyway this company is literally losing

over a billion dollars a year and so the

history of where Vivek got his money

from which apparently now he only owns

about 15 percent of this company which

is still great I mean 15 of 8.9 billion

dollars still makes you a billionaire

even if that's only 10 percent off of

the other gains he's taken in the past

great and who knows maybe the company's

falling into some kind of management

disrepair or dysfunction or whatever

but let's just say if there was one

thing that I just didn't love that I

looked up when I started digging into

some of the financials of vivek's past

it's this and it made me scratch my head

a little bit hmm wouldn't that be a

great way to kind of you know get

attention after you graduate from

college and you have some hedge fund

backing hey let's just take a

pharmaceutical public and Market it

really well and it almost feels like

that's kind of what the company is still

doing today marketing itself really well

so then I wonder

is there detail behind what Vivek is

running for as a candidate and I would

like to actually see that detail because

we know he's smooth spoken but where's

his detail see when I ran for governor I

gave more detail than anybody asked for

and partly that was probably a problem

because then people again get into the

weeds and politics of all your details

oh well you know I don't like exactly

how you do this detail who knows maybe

that's how you're supposed to run for

politics I don't know it wasn't my

opinion but that was sort of a a red

flag for me so I'd like to see some more

color on that because he talks a big

game but the way this big money came

about is a little eyebrow raising to me

let's just say and who knows so far I

have to say I like some of the things he

says I don't necessarily love the idea

of let's delete the FBI and basically

fire 15 000 uh or sorry twenty thousand

back office workers take the other 15

thousand and allocate them to other

entities that already exist like the US

Marshals service or the Department of

Justice or otherwise I think there's

probably going to be a hole there and

don't get me wrong I definitely disagree

with some of the things we saw the FBI

getting involved with especially as we

saw in the Twitter files but there's

probably going to be some kind of hole

left if you just go in and we're

deleting the FBI on day one which is

something that Vivek says Nah it won't

leave a hole we'll be fine

okay maybe a little bit more detail

would be useful here that unfortunately

could cast Vivek on a little bit more of

an extreme side which I think most

Americans are just looking for somebody

to give them the straight scoop and this

is actually something I really like a

Vivek where he says look Americans can

handle the truth we deserve to know the

truth on vaccine safety covet Origins

the hunter Biden story or corruption on

any side of government and this I

wholeheartedly agree with vividcon I

agree that people deserve and can handle

the truth just tell them the truth about

what's going on or what's happening

behind the scenes why we're not enabling

an oversight office for like a new

Inspector General to audit essentially

the expenditures in Ukraine is

mind-blowing it's something that Vivek

and Elon Musk shake their heads that out

of disgust apparently this was blocked

by Senate Democrats maybe there are some

other reasons for it maybe it's a topic

for a different video but there was also

a lot of frustration over Ukraine and it

wasn't just because of this uh blocking

of the audit but it was also the idea of

why are we fighting a war in a trench

warfare style where we're getting maybe

inches to feet to maybe a few miles of

territory through trench warfare and

thousands to hundreds of thousands of

young men essentially are dying in

trench warfare as Elon Musk says the

flowers of the Young Generation of

Ukrainian youth is dying and this is bad

why is the West rejecting Ukrainian

neutrality why are we pushing for NATO

expansion so much as David sacks argued

why are we escalating ourselves into

World War III NATO expansion is a red

line for for Russia so why don't we stop

that NATO expansion this is something

that Vivek agrees with and so does RFK

let's stop NATO expansion and let's have

cooler heads prevailing here because in

war nobody wins Elon argues that

ultimately this war may have gotten to

zielinski's head and there could be some

problems here now moving on it's worth

noting that there were some

conversations about Fidel Castro and

about Putin and about regime change and

bureaucracy and the conversation really

went on for quite a while I've done my

best to hit all of the meat of the

matter I got out of this conversation

and I have to say out of two hours of

talking I didn't get a lot of what are

you going to do for us Vivek and if

there would be a recommendation I could

give to any politician it would be

please tell me how you are going to fix

our schools how are you going to fix our

government how are you going to make us

have more faith that we can actually get

daily matters done that actually apply

to Americans whether it's fiscal

sustainability and the deficit spending

that we keep running up why are we

spending more money on issues that maybe

don't matter so much to individual

Americans instead of issues that do

matter like health and safety or gosh

our schools and law enforcement why is

there lawlessness both at the border and

in our cities what can we do to solve

these issues that affect us at home why

are people dying on the streets of

America to homelessness these are the

things that we should be talking about

and I wish there was more color on these

topics and we didn't get those out of

this conversation now maybe they'll come

up in other conversations but this is

the summary that I got from Elon

confronting Vivint hopefully you

appreciated my summary if you do check

out the programs on building your wealth

link down below for more perspective

from me thank you so much feel free to

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