In this episode, Shamus Madan discusses the US government's 5G satellite auction and its implications for AT&T, including an analysis of its financial situation and potential strategies. He also delves into Nikola's cancellation of their electric garbage truck deal, comparing their business strategies with Tesla. The episode concludes with a lesson on the power of early investing and compound interest.

Story #1: The US Government is auctioning off 3450MHz - 3550MHz satellites (which are used for 5G) to wireless companies like Verizon, T-Mobile and AT&T to build up their 5G networks. This is great news for the future of 5G but why might this be a problem for AT&T?

Story #2: Nikola disappoints investors yet again and cancels the electric garbage truck. And How could this affect the electric car industry?

(0:00) Introduction and overview of today's topics (0:33) US government's auctioning of 5G satellites (0:52) Implications of the 5G auction for AT&T (1:53) Analysis of AT&T's financial situation and potential strategies (2:53) Nikola's cancellation of their electric garbage truck deal (3:31) Examination of Nikola's business strategies and comparison with Tesla (4:17) Lesson of the day: The power of early investing and compound interest (4:53) Conclusion and sign off (5:14) Disclaimer