[00:00:00] There was a huge buy and I'll do more on this on the show, but Bain, of course, Bain Capital
[00:00:06] did a big buy, $4.5 billion this summer of this company called Investnet, and they have
[00:00:13] this technology that combines all your personal information along with investing.
[00:00:20] So they added AI and then they also added it was worth a lot of money, $4.5 billion
[00:00:26] Bain and BlackRock to consume to buy up because the technology sort of takes all your personal info,
[00:00:33] all personal info about the companies that you're investing in and your personal info.
[00:00:41] It's a technology driver for combining info that's out there and info that they can get
[00:00:47] in a very weird technology way and add that into an investment portfolio.
[00:00:54] The CEO died in a car crash in 2019 and when it was taken over, it was taken over and moved
[00:01:00] into this direction and then they just bought it. And so when you keep your eyes on data,
[00:01:06] data is king. So the car data, your financial data, everything is combined now and it's
[00:01:14] creating an entire you. It's creating an entire portfolio.
[00:01:18] Well, let's add to that when we already know this, everybody knows this. When we talk about
[00:01:24] Big Brother, which was the 1984 thing, Big Brother is watching and we were all creeped out
[00:01:30] by that back in high school. But right now 97% of the American population owns a smartphone.
[00:01:37] Sad. I mean it is. So how Big Brother is legitimately watching and we refuse to think
[00:01:43] of our smartphone as Big Brother? Yeah, we kind of feel like if we just pretend they're not,
[00:01:49] we just go along with our lives, just kind of pretend they're not. We'll be right back.
[00:01:52] Kate Dally's show more with Midwest Melissa when I return.