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sup everybody this is a Mon I'm back reporting to you with all the good stuff thank you for joining me thank you for giving me attention I really appreciate it today I am talking about a different topic is kind of very different from what I normally speak of but it's always good to discuss different things it's always going to discuss a wider range of things you know because frame of reference is important the things that enhance our imagination is having different frames of references and things that go outside our comfort zone and also things that we're not used to that experiences our knowledge expends our awareness and it actually allows us to talk to a wider group of people so today I wanted to talk about a few things same topic but it's going to cover a few different things this one is going to cover pretty much on the right to privacy the Hulk Hogan case that past month or two ago you know how Kobe in a famous wrestler probably the biggest wrestling image ever and he was actually in a big court case with a media news outlet called corker and Gawker is pretty much there an entity that what they do is they they pretty much tell new stories about celebrities you know and a lot of terms this this media outlet Gawker they give media stories and sometimes those stories infringe on celebrities privacy and in this particular case Hulk Hogan sued gorkha because a apparently Hulk Hogan was sleeping with one of his close friends wife and he details I get please forgive me and goyahkla had a sex tape pretty much released it in hoek Hogan was upset so we sued them for invasion of privacy so this was important because a lot of times the law it on it changes our lives in way we don't know and depending on certain outcomes of certain court cases those outcomes set precedent for how we should behave what's legal and what's not legal so this case was pretty much a right to privacy um does gorkha a media outlet have the right to promote or release a footage of a private act from a celebrity and their argument is that the the celebrity who was pretty much already bragging about his this exploit with his best friend's wife so since he made it public gorko figures it doesn't matter well you know it's not an invasion of privacy if it's already known obviously oklahoman disagrees so long story short the outcome at his court case was that Hulk Hogan is one and he was awarded about a hundred and forty million dollars i think in the outcome now the reason why this is important is because most people don't realize that a large fact that a hawk hogan winning was because of a new industry not so much new but it's an industry that's growing and it's called litigation funding or litigation financing it's an it's an industry that's growing and basically what litigation financing is it gives investors a chance to invest in court cases most likely high-profile court cases or court cases that have the potential for a large amount of on summary judgment and it gives them a chance to invest and anything that's awarded they get their money back plus interest plus or the rate of return so that's a whole new way to make some money and I thought that was fascinating because the fact that you can invest in a court case and invest in a plaintiff or defendant to forget a return on investment that just goes to show that in this day and time there's so many ways to make money that all you have to do is expand your consciousness in this particular case Hoke Hogan was funded by a billionaire we all have all familiar with paypal Elon Musk but what most people don't know I'm assuming most people no is that a co founder of PayPal his name is Peter Thiel or Peter Thiel and Peter tells a billionaire you know co founder of PayPal he's on the board of Facebook or me just got his he just got renewed for the board of Facebook he was one of the early investors of Facebook but what happened was gorkha the same media outlets some years ago they published a story that said that Peter Thiel was gay so after that came out even though was hopefully known and he was gay he never he never lived that out he never liked that so he's always had a vendetta against gawker the reason why this case with Hulk Hogan is so important because it shows that you can actually sue somebody without suing somebody so in essence is said that the reason why I Peter Thiel funded Hulk Hogan's case was because he never accepted the fact of what gorkha did so instead of suing them directly he got revenge and he financed Hulk Hogan for like 10 million dollars he gave him a war chest so a lot of times that could make or break a case because if Hogan didn't have that and he didn't put that much money up with the length of time that trials happen a lot of times lack of money is the cause of people not winning their court cases because they just don't have the funds to pay the attorney fees and do what they need to do um if the case is dragged out in order for them to win so the fact that hope Hogan had this billionaire fund him it says a lot for the legal system and it says a lot for the course of how we approach law it also gives maybe the average person maybe a new outlet for investment or a new outlet for funding a case that maybe they didn't have the money to fund so basically this goddess billionaire Peter till he got away to enact revenge allegedly against gawker for something that they did to him years ago and he did it to Hogan so in a sense he was what's called a third party litigant so imagine being able to sue without suing them all because you have money this right here changes the courses of legal outcomes now in America that was a pretty much outlawed it was illegal it still is but it was more force back then I believe it's called Chomper II from not mistaken Chomper II so basically you can give money in a Philadelphia Quay as a benevolent act for someone so they can use that money for their court case if it's under the guise of philanthropy but if you're using it to get revenge or to tear somebody down that's against the law so this case is important because a it shows that people with a lot of money can actually back anybody they want and influence the outcome of the case even if it's right or wrong if that war chest is more than the opposition's watch s then you could just merely win just based off the fact of time and the fact that you can afford to drag out a case where the other party can that's important because now that can change the course of justice wear something that would be based on equality facts evidence and motive can now be based on a war chest that's a B it allows anybody with a sufficient amount of funds or efficient amount of intelligence to seek other people that were funds Sakana enact revenge and still remain quiet the fact that this billionaire was able to finance Hulk Hogan in the shadows it shows that you can actually control the outcome in the legal system so i suggest right that the average person actually starts looking up which firms have these kind of funds or investing in that because even if you don't have the money if your case is strong enough business is business you might be able to find a business that will be able to back your case and if that's the case no pun intended now you have an option of imagine if well that's the thing a lot of police brutality cases that they don't necessarily have it's a lot of closed-door litigation but imagine in a case like that where an average person has their rights abused if they manage to find an equity firm or company that does that litigation financing and they happen to take their case someone with little to no resources now has a chance and this is a way you could turn the tables if you ever felt the legal system isn't in your favor and this is also the capitalism and good business and this is the mindset that people should get in instead of being a victim you're actually exploring options to make your situation more favorable so this whole coke in case is very important and it's also important because it actually shows it gives a precedent that you can actually have a right to privacy despite of TMZ and the media and everything you actually have methods to protect yourself anytime you feel that your privacy is invaded and you know these things are good to explore because following and looking at what wealthy people do and looking at the course of big decisions like this a lot of people feel that it doesn't apply to them that's just for wealthy people that's for you know rich people that have money but I don't think that's necessarily the case because wealthy people and the things that they create influence our life and we follow their creations anyway so we follow the actions not just their creations we can actually enhance our life so I suggest everybody look up litigation financing litigation funding and look at this case and you never know you might have a situation that might be very crucial that might be a winner but you don't have the access to an attorney it's no harm and checking out these companies and seeing if they interested in your case because it's growing industry Wall Street's involved and it's all about returns it's not about necessarily to some degree it's your status but if you have a solid case you have no resources Wall Street respects money banks respect money investors respect money if you can show or they can see that your case is a winner and it actually will be a potential that have big returns in the summary judgment it's no harm in checking to see if desk for you so I wanted to touch on this case Peter Thiel a billionaire finance so Hogan very important just something outside to look at litigation foreign thing litigation financing and even if you have people that have money I don't know what to do with it you can get together and kind of have an investment pool and you can actually do it locally who's to say that we can't copy this thing in our local area because there's a lot of people that have money don't know what to do with it and there's a lot of people that have money that don't have financial intelligence but if you have the ideas in the creativity I'm actually going to attempt this myself if you have the ideas in the creativity and you see that a lot of people have gone to legal issues like even child support or whatever it is test it out on a lower level you know what I mean like if you have funds and you have a group of people that also have some money saved up maybe you could build your own litigation financing company right and you can get into the litigation financing business so these are just some ideas that you can see big high-profile cases see what wealthy people do and kind of mask it yourself to benefit you you know so this is just an idea I wanted to throw out there we don't always have to leave things that's far-fetched or leave things as if we camp are taken it ourselves you know these things are blueprints these things are guidelines and once something is created it on it actually gives the floodgates for people to look at it and improve on it improving upon something is something that is the natural course of life so litigation funding see if you can dupe debt on a small level look up this court case with Goku and Hulk Hogan and it also educates you when your right to privacy you know so with that I hope you enjoyed this little bit please subscribe comment share like dislike all that good stuff as long as you start the conversation the change happens and that's what's most important thanks again for your time and attention you can't get it back much love peace
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