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David Schwartz

David Schwartz

American attorney

Sep 3, 2026

125:03
Was he betrayed? Yeah.
125:05
Oh, absolutely he was.
125:07
It was a handover, but it wasn't a handover.
125:09
It was a takeover, so Nick didn't have much to say.
125:11
But we've seen it with stars, haven't we? Sam Mitchell and Luke Hodge leaving, and does Gunston become a...
125:19
So Gunston started at Adelaide, but he's now considered a Hawke, but he went to Brisbane, so I think sometimes opportunity is the only way that... and the only reason why players lead, so...
125:31
I look at Jeremy Howe.

6 MINS LATER

131:54
Instead, he went to Collingwood and won no flags.
123:37
Yep.
123:37
It was county cricket.
123:38
So a, a key- uh, a keeper and his first mate, first slip, uh, sitting beside him, uh, when he was playing, uh, 38 catches i- uh, behind when the first slip wasn't playing nine catches.
123:53
And it was all because he was flicking his fingers at the same time as the ball was passing the bat, and there was many catches that were caught, and it was called clicky ponting.
124:01
So-
125:20
... everything was a fallacy.
125:22
My favorite one is Rosie Ruiz.
125:24
Now, Rosie Ruiz was a marathon runner in 1980.
39:57
What are some of the risks that they need to consider?
40:01
Well, yeah, so I'll, I'll use an example that is actually not business related because I think it's very relatable to what we do.
40:08
So I'm a big surfer and I have like a group of buddies, uh, that I've grown up with that we all go surf, you know, before the sun rises several days a week.
40:19
And we have for years and.
40:23
I there's all these forecasting apps out there that do all these amazing things.
40:27
And I said, you know, they're great, but they don't really tell me and my friends like we really liked this day at this time because the swell and direction and all these things that you have to analyze as a surfer perfectly hit this one spot that is a secret spot or isn't like a, you know, a well-known spot.
40:47
So I said, you know, I'm going to build a tool that basically lets me and my friends capture this information.

6 MINS LATER

46:57
So I guess the question is, is that what you're seeing as well right now? And do you think that might change at some point in the future?
120:39
They could play it in front of the Sydney Swans playing
120:41
group.
120:41
Well, they should.
120:43
They should because there is some great lessons to learn.
120:45
I have two of all – my two all-time favourite movies and they're relatively new.
120:50
One – number one and then it's daylight.
120:54
It's draft day.
121:26
like
5:15
Yeah.
5:15
He was only 13 or 14.
5:17
And it- it's just normalized what sport is supposed to be, that the bookmakers decide who the favorite is and, and what, um, you know, specialty bet that they can place on it.
5:28
So I, I think the reforms were, were well-intentioned, but they just don't go far enough, and it took them three years, 1,050 days, to actually act on it.
5:39
And in that time, $104 billion was lost.
5:41
So, um, I, I think it's about the youth.
5:44
I think it's about our kids, and some of the, some of the things they've put in place are just ridiculous.
7:01
If they do
2:05
Did Dr. Schwartz want to take a look?
2:09
I said, "Well, why not? Yeah, have him send it to you, and, you know, take a look at it." I, I read French, and, you know, I'm being just curious.
2:22
And so it was sent to my, my friend, who looked at it and said, "Whatever this is, it's in terrible condition, and I don't even wanna send it to you.
2:33
It- the p- there's no date.
2:35
The pages are missing.
2:37
Nobody's auth- there's no author." You know.
2:40
I said, "Just send it to me."
7:29
He says the manuscript is a daily reminder of the impact a terrible disease and its life-saving vaccine have had on humanity.
123:06
Yep,
123:06
yep.
123:07
And actually, my dentist, Ray Montag, his daughter is our greatest walker, Jemima.
123:15
Oh, that's right.
123:16
Jemima Montag.
123:16
Yes.
123:17
So I had a toothache three weeks ago.
125:09
They run at each other, don't they?
121:48
Ox,
121:49
good morning.
121:49
Good morning, Tom.
121:50
And buyer beware.
121:53
And you've got to be very, very careful.
121:55
I think we are witnessing something at the moment that could cost this sport and people billions of dollars.
122:21
So if it falls apart, does that mean all those golfers that went over to the dark side have to go back to the PGA and say, please, please, can we play with you again?
122:30
Yeah, hand in, they'll be on, what do they say? They'll be on, Bended knee.
55:07
But, of course, people do gamble, and a minority of people have a real problem with it, don't they?
55:13
Yeah, they do.
55:14
And I think trying to protect... gamblers or punters from themselves is part of the recovery process for a lot of those that get caught up in it.
55:26
And you're right, only 4% of Australians are problem gamblers, but we are the biggest turnover of per capita in the world.
55:34
We're at $1,572 at the moment, everybody over the age of 18.
55:39
The numbers are enormous.
55:40
The problem we have is that operators are given too much latitude and The authorities are toothless in the way that they are, you know, helping those vulnerable people that admit they've got a problem and then are dealing with, you know, the ramifications.
57:10
So, you know, if our sports leagues need gambling and our state governments need gambling, are we really able to stop it or wind it back dramatically?
1:05
Dr. Schwartz helped develop a vaccine for the Zaire strain about a decade ago.
1:10
Our standard diagnostic reagents and vaccines, and we also have an injectable antibody that we use for treatment, they're not very efficacious against this new strain.
1:24
So they've got some vaccines and some antibodies out there that they've just begun testing.
1:32
But this epidemic, this outbreak is only, you know, very recent, and so we won't know anything
124:16
They got rid of them? And the supporters didn't like
124:18
it.
124:18
That's a good thing.
124:20
What about Tom Cruise? Which club is he associated with? Collingwood.
124:24
Is he? Well, he turned up with Ed and he had a Collingwood jumper on.
124:28
Did he? Yeah.
124:29
Tom Cruise.

7 MINS LATER

TimAUDIENCE
131:49
That is big.
112:57
Mm.
112:57
So Lionel Messi might get the fairy tale ending.
112:59
Like, if he wins this World Cup and he wins the Golden Boot, uh, he kicks a couple of goals, he goes down in norma- in, immortality as probably the greatest we've ever seen.
114:18
I mean, one person's fairy tale is another person's nightmare, of course.
114:21
Yeah, e- exactly.
114:22
And I think Tiger Woods coming back and winning the Masters was just unbelievable.
114:28
Like, that is...
114:29
A- and I know it probably wasn't the end of it, but it was the, it was the culmination of a lot of recovery, a lot of adversity.
111:20
Mm.
111:20
So Lionel Messi might get the fairy tale ending.
111:23
Like, if he wins this World Cup and he wins the Golden Boot, uh, he kicks a couple of goals, he goes down in norm- i- immortality as probably the greatest we've ever seen.
112:48
Mm
112:48
... and winning the Masters was just unbelievable.
112:51
Like, that is...
112:52
A- and I know it probably wasn't the end of it, but it was the, it was the culmination of a lot of recovery, a lot of adversity, made some big blunders.
123:39
Yeah, that does sound good.
123:40
Yeah, that's – and I think – look, I think if you're the fastest man in the world as well, I think if you win the 100-metre sprint at the Olympic Games, you are the – Like that is as good as it gets.
123:59
Are either of those things achievable or just happy pipe
124:02
dreams? Well, the sprinting one, definitely not.
124:08
The golfing one, not even close.
124:12
You've got to be exceptional.
124:14
And I think...
124:15
I think when we think about this, there's two ways to look at it.
6:29
Mm.
6:29
Fast-forward to the '90s, now you have casinos at racetracks, 2000s, more land-based casinos in cities all around the country.
6:38
Then what happened is you have the proliferation of tribal casinos in Southern California.
8:21
I asked David Schwartz, who also met us here, why does Vegas continue to thrive, even as casinos have been popping up all over the country?
8:30
What Vegas did differently was they invested a lot of money in buildings, things like, uh, the Venetian, like Mirage, like Sphere, sports teams coming here now, Allegiant Stadium, T-Mobile Arena.
8:41
All that stuff gives people a reason to come to Vegas instead of going to a casino closer to where they live.
120:33
And so as a result, how you handle yourself when you lose is arguably more important than how you conduct yourself when you win.
120:41
Mm-hmm.
120:41
And I think Michael Tuck said it best.
120:43
He said, you have a lot more bad days than good days.
120:45
And he won seven premierships.
120:47
Seven bosses? Yeah, or something like that.
120:49
I think it was seven.
125:21
No, he's a gentleman.
6:43
Or if you decide to get in the game too late, it's too hard to catch up.
6:48
I would say the biggest concern is waiting too long and being late to the game.
6:51
And then you're right.
6:53
You learn by doing.
6:55
And so if you place a bet on a solution and you start implementing it, you get an understanding of this works well for our business.
7:01
This doesn't.
7:02
This drives a lot of value.
11:54
Uh, but what else in terms of, I guess, like other integrations, other features that people that maybe haven't looked at P in a while, um, may say, hey, take a look at us again.
69:13
Mm.
69:13
So if Jackson's playing well, well, you know that, uh, they're gonna go very close to winning.
69:18
And then if he doesn't get you, well, Tracy will step up.
69:21
And if he doesn't get you, you know, Fredericks and...
69:24
So they've just got, you know, they've got 22 good players that, that, uh, can all do the job.
69:28
So yeah, they were, um...
69:31
Yeah, they were exciting.
71:26
But what, what do the yips look like out there when you're living them as a player and as a team?
1:57
They're thinking, oh, is Josh Fraser our man? Oh, it's very exciting
2:02
all of a sudden.
2:02
Mine's the same.
2:03
Mine's about Melbourne as well.
2:05
The thing I've loved this year is Melbourne had no expectations and they've come out there in the top four.
2:10
And then the little fellow who we all thought was getting paid too much in cosy picket is probably now undervalued.
2:16
So that's my absolute tick.
3:25
Like this holiday, I'm just going to disappear for six months and you can't say anything, but I'd still like my paycheck, please.
120:09
Mine's the
120:09
same.
120:10
Mine's about Melbourne as well.
120:12
The thing I've loved this year is Melbourne had no expectations and they've come out there in the top four.
120:17
And then the little fellow who we all thought was getting paid too much in cosy picket is probably now undervalued.
120:22
So that's my absolute tick.
120:24
But my cross is, Tom, and you speak about redemption, about players who aren't turning up to training regularly.
121:32
Like this holiday, I'm just going to disappear for six months and you can't say anything, but I'd still like my paycheck, please.
122:00
All
122:01
right.
122:01
So they're $4.2 billion and it's going to generate $80.1 billion.
122:05
That's insane to me.
122:09
It is astronomical numbers.
122:13
It's just...
122:14
And it's growing.

10 MINS LATER

131:58
To that other game of football, the one we more colloquially widely know as football, Majercek and Frampton, did the Tribunal make the right call last night?
0:00
Majercek and Frampton, did the Tribunal make the right call last night?
0:04
I think they did.
0:05
I think there was enough evidence to suggest that he wasn't deliberately trying to drive him into the ground.
0:11
I think both players slipped and sometimes accidents occur.
0:17
I do think they got this one right.
0:21
And I think the problem we have is the outcome is often the result of what happens in these.
0:26
So normally...
1:15
Yeah.
1:08
What led you to this, this craft and, and ultimately this profession?
1:12
If we go back all the way to my childhood, I can remember at a very young age, I had this, uh, consumer-grade twin lens reflex camera that my grandparents gave me.
1:23
And, you know, of course there was no film in it, but I would, I loved to go around and pretend I was taking pictures of people.
1:30
So that's probably as far back as it goes, but, you know, moving forward from there, it was always something that I kind of played around with, dabbled with through high school, and then, you know, after kind of getting into college and stuff, decided to take a couple of electives, you know, in photography.
1:48
At that point, though, I wasn't really seeing it as a pathway forward.
1:52
It seemed like something that was out of reach to me at that point.
1:55
Uh, so I was, at that point, I was in retail management and was doing that thing, and that all kind of fell apart on me.

13 MINS LATER

14:47
Can you tell us about some of your favorite spots along Route 66?
121:47
It
121:47
was light blue.
121:48
Light blue.
121:49
And it looked terrible.
121:50
I remember Kapil Dev.
121:51
I'm thinking, wow, that's not a good look.
121:54
But the colours were bright and they stood out.
122:24
This is a bit confusing, isn't
120:38
And here he is back again.
120:39
He might be back again.
120:41
And it got us thinking about players that are probably the club itself or bigger than the club itself.
120:47
And there's been a lot of them.
120:49
Michael Jordan, number one.
120:50
Michael Jordan, he put Chicago Bulls on the map.
120:54
He did.
122:36
Australian, isn't she? No, no, she's

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