YouSaid · the spoken record
David Yarrow
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- 148
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- 2020-06-25
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- 2020-06-25
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- 1
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“Are enormous, and maybe the galleries are more kind of pop art galleries than galleries with the provenance of some of the ones in Upper East Side. So you're two lead cities in a way for, and I don't think I'd be the only person to say this, do present challenges, whereas Dallas and Chicago are fantastic. They're not quite as invitation rich with the greatest respect to my friends in both Chicago and Dallas. They're slightly more genuine. Friendships maybe have more substance. They want to introduce you to more people. And the gallery competition maybe isn't quite so stiff. And both economies present circumstances excluded are strong. So there's a big gap for us. Between Dallas, Chicago, and the next market we have in the States.”
2020-06-25 · The Tim Ferriss Show · #443: David Yarrow on Art, Markets, Business, and Combining It All · IDENTIFIED FROM THE TRANSCRIPT
“But the galleries are small there by definition because the rents are so high. And if you've got a gallery upper east side, they could probably only fit three or four of my pictures in there. Then you go down to Soho and West Broadway, where we've been before, and the rents in some of those places.”
2020-06-25 · The Tim Ferriss Show · #443: David Yarrow on Art, Markets, Business, and Combining It All · IDENTIFIED FROM THE TRANSCRIPT
“Beach or in the hills or around West Hollywood. And to the best of my knowledge, they're one hour apart. So locating a gallery, you immediately eliminate half of them. Also people in LA, a bit like Sam Fram, and you have experience of this, they're invitation rich, particularly in LA. They're time poor, they're friendship rich, and they really don't want to go to things. It's not a treat to go to an art gallery opening. They just think they'd rather avoid it. They'd rather take the dog to the vet than go to an art gallery. And this is one or the therapist. Whereas you go to, and in New York, it's similar in a way in that my work's quite large. And Peter Beard had a similar issue. And if you've got in New York, you can go to the kind of wasp.”
2020-06-25 · The Tim Ferriss Show · #443: David Yarrow on Art, Markets, Business, and Combining It All · IDENTIFIED FROM THE TRANSCRIPT
“In Dallas, how did it start, which Dallas itself or the idea? So wearing my old hat. I'm the geek at school that knows all the detail on the baseball cards. But if you substitute baseball cards for American cities, I think I'd do too badly telling you you name an American city. We'll tell you what the art market's like in growth second cities, Nashville, Charlotte, Austin, the Carolinas. How strong are these markets? Where are the big markets? And there are some tough markets in America that I think the two toughest markets that people assume are slam dunks are bizarre. Let's forget about everything that's going on at the moment. But Los Angeles is a tough market and New York is a tough market. Los Angeles is a tough market because the wealth tends to live in two different places, either on the”
2020-06-25 · The Tim Ferriss Show · #443: David Yarrow on Art, Markets, Business, and Combining It All · IDENTIFIED FROM THE TRANSCRIPT
“We got some cattle, some cowboys, and some cheerleaders. And just let's see what happens. So I want to come back to that.”
2020-06-25 · The Tim Ferriss Show · #443: David Yarrow on Art, Markets, Business, and Combining It All · IDENTIFIED FROM THE TRANSCRIPT
“Great fun, and Troy Ai Ai Ai Ai Aikman actually came along to the shoot. We closed down the city centre of Dallas. And I thought, what are we going to put in the city center of Dallas? And I thought, well, we're going to have the cheerleaders. And then we get a bunch of Longhorn cattle and some cowboys. And we did it. We closed down the city center.”
2020-06-25 · The Tim Ferriss Show · #443: David Yarrow on Art, Markets, Business, and Combining It All · IDENTIFIED FROM THE TRANSCRIPT
“I think Texans, as you know, there is a great sense of hospitality there. People want to help. You then get into this extraordinary contradiction between conservationists and hunters. You go back in the history of America, so many of your great men were hunters and conservationists, Roosevelt et al. In Texas, there are an awful lot of these safari clubs and whatever the hunters. And then they go on safaris to Africa. And I'm a conservationist that I don't really want to get aggressively into the debate as to whether you should spend your weekend shooting duct. But I certainly am someone that can't really be seen to be shitting ducks at the weekend. I think that would open the doors to a degree of double standards. But there are big walls, big homes. The area is like the Highland Parks of this world. There's a great clan base there. And we've got to know, we shot recently with the Dallas Cowboys.”
2020-06-25 · The Tim Ferriss Show · #443: David Yarrow on Art, Markets, Business, and Combining It All · IDENTIFIED FROM THE TRANSCRIPT
“No, for me personally. Seven years ago, I didn't know anyone in Dallas. But in order to get to that position, you need a gallery. And then you just build up contacts. And Dallas, I go to Dallas now more than they go to New York or LA. And he even culminated, I couldn't quite, my family and friends certainly. I even had the pleasure of having lunch at SMU with George W. And that was a great thrill. And that all just came from Texan hospitality and just getting to know people. But with the gallery at the epicenter of that, with the gallery to talk about me.”
2020-06-25 · The Tim Ferriss Show · #443: David Yarrow on Art, Markets, Business, and Combining It All · IDENTIFIED FROM THE TRANSCRIPT
“You know, he's not going to have much of a home life. That's the basis. But if you need wholesalers to distribute, our biggest market in the world outside London is in Dallas. Now, I went to Dallas seven years ago.”
2020-06-25 · The Tim Ferriss Show · #443: David Yarrow on Art, Markets, Business, and Combining It All · IDENTIFIED FROM THE TRANSCRIPT
“Wholesale means using galleries because if you're a photographer and you want to sell your work, you've got really two options in the fine art market. Number one is you can go to the best galleries in the world that one week might be selling picasos or warholes or baskets or whatever and say or photographic galleries and say here's my work and they'll take 50%. They will take 50% of the sale. That's standard. And Nick embraced that model to the full. Partly because he didn't to go and be selling it yourself all around the world is a lot of work and you could have got the content. It's not like original content providers like Netflix. You've not got the guy that's making the latest episode of the crown the next week trugging. Around Berlin trying to flog it.”
2020-06-25 · The Tim Ferriss Show · #443: David Yarrow on Art, Markets, Business, and Combining It All · IDENTIFIED FROM THE TRANSCRIPT
“He got there before me. We don't know each other, but I have total respect for him. And I know printers that he's used to use. I've known a lot of galleries who know us both. And he gives an awful lot back to conservation. And he is not someone that likes socializing. And I respect that as well. which is why you need to use the wholesale marketplace for other people to extol the virtues of your work. We have an acronym in the UK, which I'm sure Tim, you have in America called Fig Jam. Do you have an acronym called?”
2020-06-25 · The Tim Ferriss Show · #443: David Yarrow on Art, Markets, Business, and Combining It All · IDENTIFIED FROM THE TRANSCRIPT
“Big Tusk elephants left in the world. They're the elephants that look half like an elephant and half like a mammoth from ice age where the tusks touch the ground. And they're only in two national parks. They're in a national park called Ambicelli and a national park called Savo where Peter Beard, who I'm sure you know, Peter Beard's work, he's from the Andean Warhol School and a great storyteller of a photographer. He spent a lot of time in Sava. Nick spent a lot of time in this place called Ambicelli. And he photographed him black and white. And I always have photographed, tended to photograph in black and white. We can maybe come on to that later. And his work was shot on film, not digital, but he was achieving very high prices for his work. And I admired it, and I still do.”
2020-06-25 · The Tim Ferriss Show · #443: David Yarrow on Art, Markets, Business, and Combining It All · IDENTIFIED FROM THE TRANSCRIPT
“Doing the filming of a Michael Jackson video that happened to be shot in the Serengeti in Tanzania? Was it called Earth Song? I can't remember the Michael Jackson. I think it might have been called that. And he fell in love with the plains of Serengeti. He was a creative guy. And he decided to spend more and more time in East Africa filming. And he focused on part of all the big elephants in the world are in Kenya. If you want to go and photograph a big elephant, and I'm very much, I'm a romanticist, but I'm also a magnifier as well. If I want to go and photograph an ABBA tribute band, I'll do it in Stockholm. I will go to where it's at. So with elephants, the best place to photograph elephant, big elephants in the world is Kenya. There are about 22, what are the calls?”
2020-06-25 · The Tim Ferriss Show · #443: David Yarrow on Art, Markets, Business, and Combining It All · IDENTIFIED FROM THE TRANSCRIPT
“I remember that in the World Cup semi-final, I did the first 10 minutes of West Germany against, there was still called West Germany, West Germany against France. And my camera broke. Ten minutes into the World Cup semi-final. And the Italian photographer next to me, he could see I was having problems. And he said, my friend, accept it. He said it in Italian. Here is my camera. He just gave me his camera. And he had no right to do that. And that's what photography, I think, is like. The two photographers that I mentioned in that piece were both Live, I think, in America, one's Australian and one's actually British. The first one is a guy called Nick Brandt. And Nick first got involved in photography as a cinematographer. I think he was...”
2020-06-25 · The Tim Ferriss Show · #443: David Yarrow on Art, Markets, Business, and Combining It All · IDENTIFIED FROM THE TRANSCRIPT
“Yeah, absolutely. And the first thing I'd say about photography, and almost more than anything else that I will say in this interview with you, Tim, I so believe in this from the bottom of my heart, that photography is collegiate. I don't compete against other photographers. This is not a zero-sum game job. I think you've used that expression just because you're doing well, it doesn't mean that someone else should do badly and vice versa.”
2020-06-25 · The Tim Ferriss Show · #443: David Yarrow on Art, Markets, Business, and Combining It All · IDENTIFIED FROM THE TRANSCRIPT
“That was my biggest claim to home. But I used to sell pictures outside the tube station underground. For 20 bucks way back in the day in 1987, it was the great days when you had America had fantastic tennis players. I'm not saying you don't know. You have an amazing women's tennis players and Coco is quite something. But in the days on the men's side, you had Mackeler and Connors and Gary Litis. And it was just like one big party. I mean, you just want to go and party with those guys. But I would sell pictures for 20 bucks. So in Miami last year, I did say to people, we sold a picture for $200,000. And someone said, well, that's an awful lot. David, that's quite, I said, well, I could be accused of taking my time because that was 35 years after I was selling pictures for 20 quid outside. A subway station in London.”
2020-06-25 · The Tim Ferriss Show · #443: David Yarrow on Art, Markets, Business, and Combining It All · IDENTIFIED FROM THE TRANSCRIPT
“I look back at one subject we haven't talked about when I did a sports when I did sports photography my claim to fame was that John McInroe spat at me at Wimbledon and he got a 15 point code violation for many years”
2020-06-25 · The Tim Ferriss Show · #443: David Yarrow on Art, Markets, Business, and Combining It All · IDENTIFIED FROM THE TRANSCRIPT
“And the journey is just having a massive bump for everyone right now. But I've got so many things wrong in my life. But I got it right. And you write in your books, which I've read and some of the podcasts which I've listened to, you use a word, which is very important. You use the word self-propagating and the importance of self-propagation. And if you can get to a position where your brand is recognized and strong, so many good things come from that in a way that you don't actually have to, as long as you look after the brand, the position can reinforce itself. We're starting selling pictures for $5,000, $5,000 seems an awful lot for a photograph.”
2020-06-25 · The Tim Ferriss Show · #443: David Yarrow on Art, Markets, Business, and Combining It All · IDENTIFIED FROM THE TRANSCRIPT
“I didn't do it quite as glamorously as Tom Cruise, and it took more than an evening with the Tal around my neck. But I did a lot of homework. And the basic essence was that the future for me in photography was going to be to not just encroach arts law, ART's lawn with my photography, but for it to be an integral part of art, to be something that is quite clearly art full stop. And that was if you got that right and from there it was going to be a long old journey that there was a marketplace. And I look back now, yeah, it was 120 months ago probably, 12 10 years. I think the journey's not ended.”
2020-06-25 · The Tim Ferriss Show · #443: David Yarrow on Art, Markets, Business, and Combining It All · IDENTIFIED FROM THE TRANSCRIPT
“At an editorial level, selling pictures to Stern magazine or Parry Match or Sports Illustrated or The New York Times, the London Times printed picture, one of my pictures, half a page, London Times like the New York Times. I don't want anything for it. It's the best PR you can have in the world. So that was when the penny dropped the way to monetize it, if that's not a vulgar word, but the way to make a living was through fine art. And so I wrote this piece. It's my ode to Cameron Crow in a way because when Jerry McGuire did it in Jerry Maguire when Chris did it, you remember he wrote that misif and then he put it in everyone's cubbyhole and he said that sports management should look after fewer sports stars and give them more personal attention. I wrote my mission statement.”
2020-06-25 · The Tim Ferriss Show · #443: David Yarrow on Art, Markets, Business, and Combining It All · IDENTIFIED FROM THE TRANSCRIPT
“Anyway, so he said, how much do you want for the picture? And this is 11, 10, 11 years ago. And people weren't looking at photography as an area where you could for fine art. I said, well, maybe we'll put it in a nice frame and all. Maybe charge you. He said $10,000. So I obviously thought I'd gone way too high. So I said, well, listen, I'm sorry to think that's a lot. I said, we'll deliver it to Texas for free. We might even install it. He goes, no, I'm going to have three of them, shark. And that was when the penny dropped for me. It was just in that one conversation that photography...”
2020-06-25 · The Tim Ferriss Show · #443: David Yarrow on Art, Markets, Business, and Combining It All · IDENTIFIED FROM THE TRANSCRIPT
“I thought this is, I mean, I may as well go back to trying to do something else. I mean, what a stupid industry. And then I got a call from someone and I spent a lot of time in Texas, y'all. And the guy, that's a bad Texan accident. He said, he said, are you the kid that took the photograph of the shark? He says, because I'm an attorney. I'm called Jaws. And I won one of them picture on my wall because I want to be the fear of God and to anyone that litigates against me. And it went from Texas to Forrest Gump in about 10 seconds.”
2020-06-25 · The Tim Ferriss Show · #443: David Yarrow on Art, Markets, Business, and Combining It All · IDENTIFIED FROM THE TRANSCRIPT
“Lunch on my own, like the loser I am, with my camera. And the picture was, I think in the next week, around 100 magazines, newspapers in the world, all around the world. And I got my check about six months later because they're all playing the game in terms of the delay between them getting the income in and then being sent to you. And my check was around about, I don't know, around about $17,000. And I thought this has got to be the worst industry in the world because it must have cost me at least 25,000 to finally get that picture. So I've taken this picture and I've lost 8,000 dollars from taking this picture.”
2020-06-25 · The Tim Ferriss Show · #443: David Yarrow on Art, Markets, Business, and Combining It All · IDENTIFIED FROM THE TRANSCRIPT
“And was able to look at it in the cold light of day. And it was in focus. The shark attacking the seal, everything was in focus. And I got quite emotional. It was a bit like my story on the plane with Maradona, except I was at sea level, not 36,000 feet up. And I knew it was a big picture. So I sent it to the agency in London. I was on my own. I didn't really have. It was a Sunday morning. I didn't have anyone to celebrate with in a beautiful, ever you want a great restaurant and you happen to be in Cape Town in a place called Quak Bay. There's a fish restaurant over the railway line. I think it's called Harbor Lights. And because the South African Rand is under a lot of pressure, you can have the best seafood bottle of wine and get changed for 20 bucks.”
2020-06-25 · The Tim Ferriss Show · #443: David Yarrow on Art, Markets, Business, and Combining It All · IDENTIFIED FROM THE TRANSCRIPT
“Something is what we call in the trade, and I hope my accent doesn't make a mess of this, but out of whack, out of whack means out of focus. Either something is in focus, emphatically in focus, or it isn't. And there's no ambiguity. If it's 2% out, it's 2% out. And my sports photography days taught me that. I'm very, very tough on myself on focus. You're never going to.”
2020-06-25 · The Tim Ferriss Show · #443: David Yarrow on Art, Markets, Business, and Combining It All · IDENTIFIED FROM THE TRANSCRIPT
“And the two hours after sunrise, the general supposition is it's because the seal pups cannot see them coming to attack them and therefore this is their best time to predate. But no one knows the answer to that. Anyway, the final day I get the shot. And I remember my heart beating so quickly. You've then got a you've got about a 40 minute journey to come into a very modest little village near Cape Town called Simonstown, essentially where the South African Navy, I don't know why South Africa has a navy. They might need it for sort of hospital ships in the next two weeks, but I don't know why they need a navy. Anyway, the Navy is at Simonstown. And you can never on digital cameras, you can't really find out whether”
2020-06-25 · The Tim Ferriss Show · #443: David Yarrow on Art, Markets, Business, and Combining It All · IDENTIFIED FROM THE TRANSCRIPT
“Because I was still working, every trip is costing me like about 10,000 bucks because then I had the boat and then the hotels and it's their winter as well. So at the height of everyone in London going and getting blasted at Glastonbury or watching Wimbledon tennis or whatever or being on holiday in a B-Mickinos, I would be shivering my arse off in their winter on my own, trying to photograph a shark breaching out of the water. And I do think a lot of people worried about my sanity. Anyway, I wasn't going to quit. You cannot quit. You just got to continue. But equally, there are practical considerations. And the season would run from June till July. And the final possible journey out. And no one knows why Great Whites breach in the half-hour before sunrise.”
2020-06-25 · The Tim Ferriss Show · #443: David Yarrow on Art, Markets, Business, and Combining It All · IDENTIFIED FROM THE TRANSCRIPT
“Breaching. Yeah, exactly. And I worked with a great marine biologist who's now a good friend called Chris Fallows. He's taking the best two pictures of great whites breaching that I know of. My friends back in London were saying, you know, David, just isn't it cheaper just to go and see a therapist rather than just get a Cape Town to see what a effing waste of money. I mean, because every trip was costing me about...”
2020-06-25 · The Tim Ferriss Show · #443: David Yarrow on Art, Markets, Business, and Combining It All · IDENTIFIED FROM THE TRANSCRIPT
“Doing the same thing. I want a shark coming out of the water. I want a shark predating on something. And I'd fly down to Cape Town from London on a Thursday night, arrive Friday morning too late to go on my vessel. And then on Saturday morning, Sunday morning, Monday morning, I would spend four hours from five in the morning till nine at sea in this place called Attack Channel trying to photograph the Great Whites, attacking a seal, coming out predating, flying out of the water to get the breaching.”
2020-06-25 · The Tim Ferriss Show · #443: David Yarrow on Art, Markets, Business, and Combining It All · IDENTIFIED FROM THE TRANSCRIPT
“It's because he has a fluency in the language of what it takes to elicit an emotional reaction. I think that's a very important sentence. But I'll come on to that later. But in 2011, our worlds collide a little bit, albeit I wasn't 25, which I think still Jaws is still, I think, one of the top 20 grossing films of all time. But I got obsessed with great white sharks. And then the best place in the world to photograph great whites was in False Bay around the corner from Cape Town. It's not now for reasons that we can talk about later, maybe. If you're going to try and photograph Great Whites not swimming in the water, which is boring because it's been done before, I go back to my Calgary analogy of too many people.”
2020-06-25 · The Tim Ferriss Show · #443: David Yarrow on Art, Markets, Business, and Combining It All · IDENTIFIED FROM THE TRANSCRIPT
“I think we should all have heroes and I have two or three heroes that there's a big gap from those two or three to the next and they're actually the top two are filmmakers Martin Scorsese someone I looked up to enormously but in gold medal position is is Steven Spielberg and when Spielberg shot jaws he was 25 years old and I was listening to your podcast with Vinny Vaughn two nights ago and I heard him mention how emotionally empathetic he was on set Tom Hanks who obviously is collaborator with Spielberg an awful lot when Tom Hanks was asked what is it that makes Spielberg the director cinematographer of our generation Hanks replied”
2020-06-25 · The Tim Ferriss Show · #443: David Yarrow on Art, Markets, Business, and Combining It All · IDENTIFIED FROM THE TRANSCRIPT
“It's a bit like that Titanic story, I don't know whether you have it in America, but talking about the UK's provinciality and when the Titanic went down, the headline in my local newspaper, I come from a village in Scotland called Greenock. And the headline was Greenock Man Dies at sea rather than the Titanic. And he was on the Titanic. But I think there is a little bit of a dispositional skew towards wanting hope and wanting to see the other side of this. And we all share that. But in the short term, I'd worry a little bit.”
2020-06-25 · The Tim Ferriss Show · #443: David Yarrow on Art, Markets, Business, and Combining It All · IDENTIFIED FROM THE TRANSCRIPT
“This individual would turn around and say, No, it's just bars and sellers and markets in a panic. And of course, this week, he's cut those losses in half. So he's not far behind the market now. I would have been dreadful in those circumstances. So I've given it to the right guy. Who knows? I mean, who knows, but I do think on your TV shows. There is a dispositional bias in the commentary towards hope and towards blue on the screen. I'm not saying that's a”
2020-06-25 · The Tim Ferriss Show · #443: David Yarrow on Art, Markets, Business, and Combining It All · IDENTIFIED FROM THE TRANSCRIPT
“Trading it, hopefully, it will be there in 10 years' time. And I saw he was down 68% year-to-day, which obviously, so I thought this is a fund that's now been going for 23 years. And we've managed in six weeks to lose 68%. The reason I say this is because I take my hat off to the individual involved, not for losing 68, because he would just say that's a mark-to-market thing. He had the confidence, stoicism, the belief that when he was down 68, because I think if I was down 68, I'd either throw myself in the river, take old bets off. I don't think I would have just done nothing. And I say that as a criticism of me, not a compliment to me.”
2020-06-25 · The Tim Ferriss Show · #443: David Yarrow on Art, Markets, Business, and Combining It All · IDENTIFIED FROM THE TRANSCRIPT
“So, all these tiger cubs were characters that were Errol Flynn would have played them all. They're all heroes from a romantic novel, swashbuckling, normally athletic individuals that all had big degrees from big colleges or whatever. My fund was taken over by one of the Tiger Cobs. I think he's one of these individuals that even if a meteor like that film, whatever it was, the double impact or Armageddon or whatever, even if it's going to hit the earth, he will not hedge. So we got our last Friday, I got our year-to-date numbers from the fund. And I haven't really been looking at the fund too much because I'm just getting on with my own stuff and I'm not.”
2020-06-25 · The Tim Ferriss Show · #443: David Yarrow on Art, Markets, Business, and Combining It All · IDENTIFIED FROM THE TRANSCRIPT
“It is buying to rectify a situation that's not going to be comfortable going into the year end. When I got rid of my fund, actually someone took the fund over. And the person that took the fund over used to work for another great American fund manager, Julian Robertson, the Tiger Fund management in the old days. Quick said.”
2020-06-25 · The Tim Ferriss Show · #443: David Yarrow on Art, Markets, Business, and Combining It All · IDENTIFIED FROM THE TRANSCRIPT
“yeah uh 20 is an awful lot to explain uh by one variable alone it's gonna it's gonna have to be uh an amalgam an aggregation of variables that sort of self-propagate themselves but short covering um the viciousness of the moves particularly in the last hour of trading um emotion and machines So actually I'm saying two totally contradictory things, but emotion and machines have one thing in common, which is not about considered decision making. It's not about anyone turning around and saying, I think these numbers in New York, they're going to plateau earlier or whatever, or perhaps their balance sheets aren't quite as weak on the worst case scenario in the final quarter of this year.”
2020-06-25 · The Tim Ferriss Show · #443: David Yarrow on Art, Markets, Business, and Combining It All · IDENTIFIED FROM THE TRANSCRIPT
“Feed of that rise in the markets, you know there are a lot of people that are short, short as market. So I think in a year's time, the markets will be higher than where they are now. But we're all going to have to go through cutting for whatever your job is, whether you're running, do what you do, you do what I do, the next 12 months are going to be from a purely cash generation perspective. There's so many other parts to life as you try and instill in us, but purely from a cash generating perspective, the next 12 months are going to be tough.”
2020-06-25 · The Tim Ferriss Show · #443: David Yarrow on Art, Markets, Business, and Combining It All · IDENTIFIED FROM THE TRANSCRIPT
“In America, that will be stronger than our second city in the UK. And that just shows the strength and breadth of your economy, which is going to be tested in the short term. That's for sure. And I think I'd slightly agree with what Paul said yesterday, that you could see at some stage in the next couple of weeks now that the Fed have played their cards that the lows might be retested. But what we do know from the last three days is there's nothing like a big bear short squeeze and the speed of that rise in the...”
2020-06-25 · The Tim Ferriss Show · #443: David Yarrow on Art, Markets, Business, and Combining It All · IDENTIFIED FROM THE TRANSCRIPT
“And you don't want to be short of your economy. And your economy, if we'd had this conversation two or three months ago, your economy is quite extraordinary, has been extraordinary. We benefit. That's why we spend so much time there. If you take the second city in Great Britain for luxury spend, let's imagine you're Tom Ford. And Tom Ford wants to have a new store in the UK. But he's got London. So he said, London's fine. But where are we going to go outside London? And he thinks, well, maybe should we go to Manchester or should we go to Edinburgh? Should we go to Leeds? Maybe Glasgow. But then he's probably a bit stuck after that. And no one knows what the answer is or what that second city should be. What we think is below the 48th, there are 37 cities.”
2020-06-25 · The Tim Ferriss Show · #443: David Yarrow on Art, Markets, Business, and Combining It All · IDENTIFIED FROM THE TRANSCRIPT
“and then the claw out the other side will have many disappointments on the way. When this time yesterday our European stock markets were around about 15%, 16% of their moving average from about 12 weeks ago, that seems far too high. Now the markets have been weak today, but that would be my only comment is that”
2020-06-25 · The Tim Ferriss Show · #443: David Yarrow on Art, Markets, Business, and Combining It All · IDENTIFIED FROM THE TRANSCRIPT
“About restaurants, you get some really good meat and fish, and then you just get one bad fish and it ruins all the 30 good fish you've had. And you're going, where does this come from? Because that wasn't what you asked. But he just takes this as an opportunity just to let go on his own personal experiences with all the same adjectives and pronouns. But that is a little bit of light entertainment away from it. I worry for New York. I was in Last American city I was in was New Orleans two weeks ago in a show there and that was about a week before the Marty, a week after the Mardi Gran. And obviously they're concerned about that city now. We're all fine. If I had to put my bet is as good or as bad as anyone else, how can it be better than anyone else? It's absolutely not. I fancy this is six months.”
2020-06-25 · The Tim Ferriss Show · #443: David Yarrow on Art, Markets, Business, and Combining It All · IDENTIFIED FROM THE TRANSCRIPT
“This to be the epicenter for it to be the epicenter because your country time and time again has found a way out of things and that can do mentality and ethos has never been more needed. It's also very good for entertainment factors because the one thing our family all do, I just loved it. I don't do politics, but your president's press conferences are a lot of fun because when he's asked a question, you wouldn't tolerate him on your show, Tim, because if he's asked a question, he will. He will take the subject matter and then give his personal experience of the subject matter. So yesterday when he's asked about when will insurance protection kick in for second tier restaurants, he then goes on some sort of Gettysburg address, except it's not...”
2020-06-25 · The Tim Ferriss Show · #443: David Yarrow on Art, Markets, Business, and Combining It All · IDENTIFIED FROM THE TRANSCRIPT
“The spread, you've got to kind of assume that whether you're in Nairobi or Dar es Salaam or Johannesburg or Lisaka, the whole population is going to have it, that you just got to work on that basis, the idea of human distancing and townships. I think you're mutually exclusive. So you worry about that America is in many ways the right country for”
2020-06-25 · The Tim Ferriss Show · #443: David Yarrow on Art, Markets, Business, and Combining It All · IDENTIFIED FROM THE TRANSCRIPT
“Couple of things that I'm concerned about, and Paul touched on one, Africa, I'm very concerned about. I spend a lot of time in East Africa. A lot of people turn around to me and say, David, you spend quite a bit of your year in Africa. You must love Africa. I turn around slightly dispersing. I say, I hate Africa. I said it's the most corrupt continent in the world for a start. It's four continents wrapped into one, whether it be the Arabic North, the all-rich west, colonial east or sub-Saharan Africa. And the one thing that unites those four subcontinents within the continent is they're all corrupt from top to bottom. That corruption and lack of infrastructure is going to be laid very bare in the next two or three months. You take some of the townships in Johannesburg. Goodness knows what's going to happen. I see them made a lockdown today, but you worry about...”
2020-06-25 · The Tim Ferriss Show · #443: David Yarrow on Art, Markets, Business, and Combining It All · IDENTIFIED FROM THE TRANSCRIPT
“So the first thing I'd say is that I am following it. I want to be an optimist. I want to get out and photograph. I want to go out and see people. I want to come back to America. I want to go to Africa.”
2020-06-25 · The Tim Ferriss Show · #443: David Yarrow on Art, Markets, Business, and Combining It All · IDENTIFIED FROM THE TRANSCRIPT
“I've got to be very, very careful that I don't become an instant expert in viruses because we've seen so many of those get airtime recently. The first thing I'd say without wanting to copy what Paul said is that we are at the end from a financial markets perspective. We're coming to the end of a first quarter and that always means that bizarre things happen. The fact that the DAO should have its biggest run since 1933 at the very time that New York is being considered the epicenter of this virus, if you're looking from another planet, you really would think that humans are quite mad. Those two things should happen simultaneously. And I'm sure the history books will look at what's happened over the last week. It's been a historic week following a historic week, and next week will be a historic week. And just for time.”
2020-06-25 · The Tim Ferriss Show · #443: David Yarrow on Art, Markets, Business, and Combining It All · IDENTIFIED FROM THE TRANSCRIPT
“Got to say, I promised to do my best, I promise to try and exercise maximum judgment, try not to panic if I'm going to panic, I'll panic early, and I'll show total integrity at all times. I don't think you can do more than that. But I think it's a tough, I have huge admiration for the people that do it well. Yesterday on your CMB show, one of your icons in hedge fund management, Paul Tudor Jones, spoke, and I listened, I wrote to him afterwards, I listened so you could hear a pin drop in my living room for half an hour and he was so precise, passionate when he needed to be passionate, dispassionate when he needed to be dispassionate, but all the time entirely considered. But he's the exception.”
2020-06-25 · The Tim Ferriss Show · #443: David Yarrow on Art, Markets, Business, and Combining It All · IDENTIFIED FROM THE TRANSCRIPT
“To it than that, but please. But by and large, one is quite an easy sell because you turn around to the guy that wants the picture of the elephant and say, that's always going to be an elephant. You're not going to wake up tomorrow morning and it's a giraffe. You're getting what you see. Whereas the whole concept of selling a product on the basis of future returns, you cannot guarantee I really struggled with. And I know I'm not alone, but the whole premise that And the words a salesman as well slightly gives an uncomfortable shiver down my spine because you shouldn't really be selling investment products is a very tricky compromise. It's a difficult thing to get right because you cannot make an aggressive sale because you cannot guarantee you've just”
2020-06-25 · The Tim Ferriss Show · #443: David Yarrow on Art, Markets, Business, and Combining It All · IDENTIFIED FROM THE TRANSCRIPT
“of Europe to hit its peak in America soon because clearly that is an exogenous variable that means that right now what ideas is not something that people want to hear an awful lot about but they'll always remember that time it told me a lot of humility I think if you're selling a product you you and your career have sold all sorts of things and a huge admiration for the polymath that you are I've only only sold two things I've sold hedge funds and pictures of elephants now by and large”
2020-06-25 · The Tim Ferriss Show · #443: David Yarrow on Art, Markets, Business, and Combining It All · IDENTIFIED FROM THE TRANSCRIPT