WEBVTT 00:00:00.280 --> 00:00:04.989 Twelve false advertising scandals that cost some brands millions of dollars. 00:00:05.480 --> 00:00:07.429 It doesn't pay to deceive the public. 00:00:07.599 --> 00:00:08.439 In advertising, 00:00:08.520 --> 00:00:12.640 there's a big difference between pushing the truth and making false claims. 00:00:12.800 --> 00:00:16.000 Many companies have been caught out for peddling mediocre products 00:00:16.000 --> 00:00:20.639 using wild claims like scientifically proven with guaranteed results. 00:00:20.879 --> 00:00:22.389 For companies that cross the line, 00:00:22.520 --> 00:00:25.239 it can cost millions and lead to a damaged reputation. 00:00:25.770 --> 00:00:30.170 Here are 12 examples of false advertising scandals that have rocked big brands. 00:00:30.209 --> 00:00:31.129 Some are still ongoing, 00:00:31.250 --> 00:00:33.159 and not all companies have had to pay up, 00:00:33.369 --> 00:00:36.799 but each dealt with a fair amount of negative publicity. 00:00:37.250 --> 00:00:38.279 Coming in at number 1, 00:00:38.450 --> 00:00:42.680 Activia yogurt said it had special bacterial ingredients. 00:00:42.970 --> 00:00:47.250 Ads for Dan Activia brand yogurt landed the company with a class action 00:00:47.700 --> 00:00:51.400 settlement of $45 million in 2010, 00:00:51.599 --> 00:00:52.990 according to ABC News. 00:00:53.319 --> 00:00:57.840 The yogurts were marketed as being clinically and scientifically proven to 00:00:57.840 --> 00:01:01.240 boost your immune system and able to help to regulate digestion. 00:01:01.479 --> 00:01:02.720 The Activia ad campaign, 00:01:02.799 --> 00:01:04.930 fronted by actress Jamie Lee Curtis, 00:01:05.000 --> 00:01:07.760 claimed that the yogurt had special bacterial ingredients. 00:01:07.800 --> 00:01:08.349 As a result, 00:01:08.480 --> 00:01:09.110 the yogurt was 00:01:09.230 --> 00:01:12.699 sold at 30% higher prices than other similar products. 00:01:12.949 --> 00:01:13.260 However, 00:01:13.309 --> 00:01:17.239 the Cleveland judge overseeing the case said that these claims were unproven. 00:01:17.470 --> 00:01:19.790 The lawsuit against Dannon began in 2008 00:01:19.790 --> 00:01:22.139 when consumer Trish Wiener lodged a complaint. 00:01:22.389 --> 00:01:24.989 On top of the fine of $45 million, 00:01:25.150 --> 00:01:27.059 Dannon was ordered to remove clinically 00:01:27.059 --> 00:01:29.739 and scientifically proven from its labels, 00:01:29.750 --> 00:01:30.959 according to ABC. 00:01:31.470 --> 00:01:36.180 Phrases similar to clinical studies show were deemed permissible. 00:01:36.620 --> 00:01:39.410 Dannon denied any wrongdoing and claimed it settled a 00:01:39.410 --> 00:01:42.480 lawsuit to avoid the cost and distraction of litigation. 00:01:42.800 --> 00:01:43.769 Coming in at 2, 00:01:43.970 --> 00:01:47.199 Red Bull said it could give you wings. 00:01:47.370 --> 00:01:51.599 Energy drink company Red Bull was sued in 2014 for its slogan, 00:01:51.730 --> 00:01:53.519 "Red Bull gives you wiiings." 00:01:53.610 --> 00:01:55.809 The company settled the class action case by 00:01:55.809 --> 00:01:59.319 agreeing to pay out a maximum of $13 million 00:01:59.690 --> 00:02:03.489 including $10 to every U.S. consumer who had bought the drink since 2002. 00:02:04.250 --> 00:02:06.080 The tagline which the company has used 00:02:06.080 --> 00:02:08.610 for nearly two decades went alongside marketing 00:02:08.610 --> 00:02:10.729 claims that the caffeinated drink could improve 00:02:10.729 --> 00:02:13.600 a consumer's concentration and reaction speed. 00:02:13.970 --> 00:02:16.649 Benjamin Careathers was one of several consumers who 00:02:16.649 --> 00:02:19.080 brought the case against the Austrian Drinks Company. 00:02:19.369 --> 00:02:22.279 He said he was a regular consumer of Red Bull for 10 years, 00:02:22.369 --> 00:02:24.850 but that he had not developed wings or shown 00:02:24.850 --> 00:02:27.839 any signs of improved intellectual or physical abilities. 00:02:27.970 --> 00:02:30.399 Red Bull released this statement following the settlement. 00:02:31.020 --> 00:02:34.809 Red Bull settled the lawsuit to avoid the cost and distraction of litigation. 00:02:35.020 --> 00:02:35.369 However, 00:02:35.619 --> 00:02:39.059 Red Bull maintains that its marketing and labeling have always been 00:02:39.059 --> 00:02:43.649 truthful and accurate and denies any and all wrongdoing or liability. 00:02:43.940 --> 00:02:44.940 Coming in at #3, 00:02:45.139 --> 00:02:47.740 Tesco was criticized for an ad in response to 00:02:47.740 --> 00:02:51.130 the horse meat scandal which suggested the problem affected 00:02:51.500 --> 00:02:53.550 the whole food industry. 00:02:54.020 --> 00:02:55.539 In 2013, 00:02:55.820 --> 00:02:59.529 UK supermarket chain Tesco was criticized after it ran a misleading 00:02:59.529 --> 00:03:02.089 ad campaign in the wake of its horse meat scandal, 00:03:02.339 --> 00:03:03.570 according to The Telegraph. 00:03:03.779 --> 00:03:07.220 The supermarket had been caught selling beef contaminated with horse 00:03:07.220 --> 00:03:09.720 meat in some of its burgers and ready meals. 00:03:09.820 --> 00:03:12.259 In an attempt to recover from the PR disaster, 00:03:12.419 --> 00:03:15.869 Tesco ran a two-page spread in national newspapers with the headline, 00:03:15.979 --> 00:03:16.220 What 00:03:16.354 --> 00:03:17.774 burgers have taught us? 00:03:18.065 --> 00:03:18.544 In the ad, 00:03:18.664 --> 00:03:21.324 Tesco was criticized for implying that the whole meat 00:03:21.324 --> 00:03:23.774 industry was implicated in the horse meat fiasco, 00:03:23.985 --> 00:03:25.214 which was untrue. 00:03:25.384 --> 00:03:28.975 The UK advertising regulator ASA banned the campaign. 00:03:29.214 --> 00:03:30.904 Nearly 300 million pounds, 00:03:31.024 --> 00:03:33.774 that's almost $432 million 00:03:33.985 --> 00:03:37.264 was wiped off the value of Tesco following the horse meat scandal, 00:03:37.464 --> 00:03:38.705 according to The Guardian. 00:03:39.145 --> 00:03:40.134 At number 4, 00:03:40.425 --> 00:03:43.904 Kellogg's said Rice Krispies could boost your immune system. 00:03:44.550 --> 00:03:48.369 Kellogg's Popular Rice Krispies cereal had a crisis in 2010 when the 00:03:48.369 --> 00:03:50.630 brand was accused of misleading consumers 00:03:50.630 --> 00:03:52.940 about the product's immunity boosting properties, 00:03:53.119 --> 00:03:54.410 according to CNN. 00:03:54.550 --> 00:03:56.679 The Federal Trade Commission ordered Kellogg to 00:03:56.679 --> 00:03:58.710 halt all advertising that claimed that the 00:03:58.710 --> 00:04:02.669 cereal improved the child's immunity with 25% 00:04:02.669 --> 00:04:05.399 daily value of antioxidants and nutrients, 00:04:05.419 --> 00:04:06.149 vitamins A, 00:04:06.270 --> 00:04:06.539 B, 00:04:06.669 --> 00:04:06.979 C, 00:04:06.990 --> 00:04:07.759 and E, 00:04:08.029 --> 00:04:10.179 stating the claims were dubious. 00:04:10.770 --> 00:04:13.509 The case was settled in 2011. 00:04:13.619 --> 00:04:17.850 Kellogg agreed to pay $2.5 million to affected consumers, 00:04:17.980 --> 00:04:22.970 as well as donating $2.5 million worth of Kellogg products to charity, 00:04:23.260 --> 00:04:25.299 according to Law360. 00:04:25.700 --> 00:04:27.179 And straight in at number 5, 00:04:27.380 --> 00:04:28.369 Kellogg again. 00:04:28.660 --> 00:04:28.980 Later, 00:04:29.100 --> 00:04:31.660 Kellogg said Mini Wheats could make you smarter. 00:04:32.380 --> 00:04:33.959 In 2013, 00:04:34.170 --> 00:04:36.119 Kellogg was in even more trouble. 00:04:36.260 --> 00:04:39.049 The company agreed to pay $4 million for false 00:04:39.049 --> 00:04:42.290 advertising claims it made about frosted Mini Wheats. 00:04:42.410 --> 00:04:44.649 The cereal company had falsely claimed that 00:04:44.649 --> 00:04:47.679 the Mini Wheats improved children's attentiveness, 00:04:47.970 --> 00:04:48.359 memory, 00:04:48.450 --> 00:04:50.670 and other cognitive functions. 00:04:50.809 --> 00:04:52.619 According to Associated Press, 00:04:52.640 --> 00:04:55.250 the ad campaign claimed that the breakfast cereal 00:04:55.250 --> 00:04:58.339 could improve a child's focus by nearly 20%. 00:04:58.410 --> 00:04:59.040 In its defense, Kellogg 00:04:59.622 --> 00:05:02.502 said that the ad campaign ran for 4 years previously and 00:05:02.502 --> 00:05:05.171 that it had since adjusted its claims about the cereal. 00:05:05.532 --> 00:05:09.342 Kellogg also noted that it has a long history of responsible advertising. 00:05:09.502 --> 00:05:12.252 People who consumed the cereal during the time the ad ran, 00:05:12.342 --> 00:05:14.221 which was during January 28, 00:05:14.451 --> 00:05:16.302 2009 to October 1, 00:05:16.381 --> 00:05:17.611 2009, 00:05:17.821 --> 00:05:23.932 were allowed to claim back $5 per box with a maximum of $15 per customer, 00:05:24.302 --> 00:05:26.242 according to Associated Press. 00:05:26.484 --> 00:05:27.493 Coming in at number 6, 00:05:27.634 --> 00:05:31.223 New Balance said its shoe could help wearers burn calories. 00:05:31.523 --> 00:05:35.544 New Balance was accused of false advertising in 2011 over a 00:05:35.544 --> 00:05:38.704 sneaker range that it claimed could help wearers burn calories, 00:05:38.873 --> 00:05:40.104 according to Reuters. 00:05:40.473 --> 00:05:43.704 Studies found that there were no health benefits from wearing the shoe. 00:05:43.834 --> 00:05:47.553 The toning sneaker claimed to use hidden brand technology and 00:05:47.553 --> 00:05:50.954 was advertised as calorie burners that activated the glutes, 00:05:51.033 --> 00:05:51.514 quads, 00:05:51.614 --> 00:05:52.273 hamstrings, 00:05:52.354 --> 00:05:53.394 and calves. 00:05:53.536 --> 00:05:55.835 Plaintiffs in the lawsuit claimed to have been 00:05:55.835 --> 00:05:58.175 harmed and misled by the sneaker company. 00:05:58.406 --> 00:05:59.085 On August 20, 00:05:59.246 --> 00:06:00.316 2012, 00:06:00.526 --> 00:06:04.476 New Balance agreed to pay a settlement of $2.3 million 00:06:04.686 --> 00:06:06.235 according to the Huffington Post. 00:06:06.645 --> 00:06:07.955 Coming in at number 7, 00:06:08.205 --> 00:06:11.675 Walmart falsely advertised the price of coke in New York. 00:06:12.006 --> 00:06:16.006 Walmart agreed to pay more than $66,000 in fines after 00:06:16.006 --> 00:06:20.406 overcharging customers from 117 stores in New York for Coca-Cola. 00:06:20.839 --> 00:06:25.839 The supermarket chain had advertised a nationwide sale on the soft drink of 2014, 00:06:25.910 --> 00:06:28.260 where 12 packs would cost just $3. 00:06:28.510 --> 00:06:28.970 However, 00:06:29.190 --> 00:06:32.089 customers in New York State were charged $3.50. 00:06:32.350 --> 00:06:35.790 Walmart staff allegedly lied about the reason for the price hike, 00:06:35.950 --> 00:06:38.519 telling customers that New York has a sugar tax, 00:06:38.670 --> 00:06:40.559 according to corporate crime reporter. 00:06:40.809 --> 00:06:42.929 New York Attorney General Eric Schneiderman, 00:06:43.109 --> 00:06:44.739 who conducted the investigation, 00:06:44.869 --> 00:06:45.750 concluded the price 00:06:45.993 --> 00:06:48.162 violated New York State's general business law 00:06:48.173 --> 00:06:50.042 349 and 350. 00:06:50.523 --> 00:06:51.782 Coming in at number 8, 00:06:52.013 --> 00:06:56.703 Definity Eye Cream retouched the model in an anti-aging ad. 00:06:57.053 --> 00:06:58.132 In 2009, 00:06:58.173 --> 00:07:01.453 an Olay ad for its Difinity Eye cream showed former model Twiggy 00:07:01.453 --> 00:07:05.322 looking wrinkle-free and a whole lot younger than her then 60 years. 00:07:05.532 --> 00:07:08.483 It turned out that the ads were retouched according to the Guardian. 00:07:08.653 --> 00:07:10.822 The British advertising regulator ASA 00:07:10.885 --> 00:07:13.395 banned the ad after Liberal Democrat lawmaker Jo 00:07:13.395 --> 00:07:16.425 Swinson gathered more than 700 complaints against it. 00:07:16.675 --> 00:07:19.355 The digitally altered spots were deemed to give a 00:07:19.355 --> 00:07:22.346 misleading impression of the effect the product could achieve. 00:07:22.635 --> 00:07:23.985 Ola's parent company, 00:07:23.996 --> 00:07:24.966 Procter and Gamble, 00:07:25.156 --> 00:07:27.115 responded that it was routine practice to 00:07:27.115 --> 00:07:30.036 use post-production techniques to correct poor lighting and 00:07:30.036 --> 00:07:33.436 other minor photographic deficiencies before publishing the final 00:07:33.436 --> 00:07:35.906 shots as part of an advertising campaign. 00:07:36.436 --> 00:07:37.876 Coming in at number 9, 00:07:38.075 --> 00:07:40.665 Splenda said it was made from sugar. 00:07:41.049 --> 00:07:44.269 The Sugar Association asked for an investigation into 00:07:44.269 --> 00:07:48.179 alternative sweetness blenders made from sugar slogan. 00:07:48.350 --> 00:07:51.670 It complained that the tagline was misleading and that the sweetener is 00:07:51.670 --> 00:07:55.940 nothing more than highly processed chemical compound made in a factory, 00:07:56.070 --> 00:07:57.220 CBS reported. 00:07:57.510 --> 00:07:58.779 In 2007, 00:07:58.790 --> 00:08:00.630 a resulting lawsuit led by the makers 00:08:00.630 --> 00:08:03.850 of rival sweetener Equal settled against Splenda. 00:08:04.190 --> 00:08:05.029 Equal was looking for 00:08:05.179 --> 00:08:09.519 $200 million from Splenda in the settlement for unfair profits. 00:08:09.600 --> 00:08:10.119 However, 00:08:10.399 --> 00:08:14.519 the exact amount of the settlement remains confidential according to NBC. 00:08:14.760 --> 00:08:16.070 Coming in at number 10, 00:08:16.239 --> 00:08:21.839 L'Oreal claimed its skincare products were clinically proven to boost genes. 00:08:22.160 --> 00:08:23.399 In 2014, 00:08:23.559 --> 00:08:25.970 cosmetics company L'Oreal was forced to admit 00:08:25.970 --> 00:08:29.040 that it's Lancôme Génifique and L'Oreal Paris 00:08:29.489 --> 00:08:34.169 Youth Code skin care products were not clinically proven to boost genes and 00:08:34.169 --> 00:08:38.808 give visibly younger skin in just 7 days as stated in its advertising. 00:08:39.010 --> 00:08:40.400 According to the FTC, 00:08:40.409 --> 00:08:43.119 the claims were false and unsubstantiated. 00:08:43.369 --> 00:08:44.090 In the settlement, 00:08:44.250 --> 00:08:47.890 L'Oreal USA was banned from making claims about anti-aging 00:08:47.890 --> 00:08:52.429 without competent and reliable scientific evidence substantiating such claims, 00:08:52.489 --> 00:08:53.169 the FTC said. 00:08:53.700 --> 00:08:55.739 "Though L'Oreal escaped the fine at the time, 00:08:55.900 --> 00:09:01.119 each future violation of this agreement will cost the company up to $16,000. 00:09:01.669 --> 00:09:03.419 Coming in at number 11. 00:09:03.460 --> 00:09:06.099 Eclipse said its gum could kill germs. 00:09:06.260 --> 00:09:09.210 Eclipse gum claimed in its ads that its new ingredient, 00:09:09.419 --> 00:09:11.169 magnolia bark extract, 00:09:11.219 --> 00:09:12.770 had germ killing properties. 00:09:12.940 --> 00:09:15.849 A lawsuit brought by consumers alleged that the ads were misleading, 00:09:16.099 --> 00:09:17.179 according to Businessweek. 00:09:17.789 --> 00:09:22.270 Wrigley denied wrongdoing, but was ordered to pay more than $6 million to a fund 00:09:22.270 --> 00:09:27.260 that would reimburse consumers up to $10 each for the misleading products in 2010. 00:09:27.630 --> 00:09:29.059 Coming in at number 12, 00:09:29.250 --> 00:09:33.539 a lawsuit alleged that Taco Bell was falsely advertising its beef. 00:09:33.830 --> 00:09:35.270 In 2011, 00:09:35.309 --> 00:09:39.789 consumers raised questions about what constituted Taco Bell's seasoned beef. 00:09:40.119 --> 00:09:42.390 According to the lawsuit reported in adage, 00:09:42.429 --> 00:09:44.539 the seasoning used was oat filler, 00:09:44.710 --> 00:09:47.419 which means the meat isn't seasoned beef at all, 00:09:47.630 --> 00:09:49.299 according to USDA standards. 00:09:49.429 --> 00:09:52.789 The suit alleged that the franchise had been tricking its consumers into 00:09:52.789 --> 00:09:55.940 thinking its products were of higher grade than they actually were. 00:09:56.140 --> 00:09:58.820 Taco Bell took the opportunity to poke fun at itself, 00:09:58.849 --> 00:10:01.099 hoping to mitigate the PR disaster. 00:10:01.270 --> 00:10:03.539 The company even took a four-page newspaper 00:10:03.539 --> 00:10:06.140 ad out thanking complainants for suing. 00:10:06.380 --> 00:10:11.099 Taco Bell was vindicated and the lawsuit was withdrawn in April 2011, 00:10:11.380 --> 00:10:13.369 according to Associated Press. 00:10:13.460 --> 00:10:14.599 And finally, 00:10:14.619 --> 00:10:16.219 it isn't a piece of advertising, 00:10:16.299 --> 00:10:18.830 it's actually two books that I highly recommend. 00:10:19.059 --> 00:10:21.500 Now Salt Sugar Fat and Fast Food Nations are 00:10:21.500 --> 00:10:24.770 two pieces of investigative reporting on the food industry, 00:10:25.020 --> 00:10:29.250 and it covers everything from how they make their food to how they advertise to us, 00:10:29.619 --> 00:10:31.570 to how they try and cover up 00:10:32.000 --> 00:10:34.710 the downside of their foods such as obesity, 00:10:34.760 --> 00:10:35.799 diabetes, 00:10:36.159 --> 00:10:36.809 their PR, 00:10:37.080 --> 00:10:38.440 the way they try and 00:10:38.840 --> 00:10:40.450 manipulate and lobby. 00:10:41.340 --> 00:10:42.330 All of that is just 00:10:42.500 --> 00:10:44.020 covered in these books and it's quite shocking, 00:10:44.140 --> 00:10:45.010 it's quite sad, 00:10:45.299 --> 00:10:48.570 but it's a reality that we need to face. And once we know about it, 00:10:48.640 --> 00:10:50.340 then we're less likely to wanna 00:10:50.909 --> 00:10:52.859 give our money away to these companies, 00:10:52.979 --> 00:10:55.849 because at the end of the day it's a return on investment that's negative. 00:10:55.940 --> 00:10:56.489 So, for example, 00:10:56.539 --> 00:10:57.369 if I buy, 00:10:57.630 --> 00:10:58.739 let's say a Big Mac. 00:10:59.239 --> 00:11:00.619 It might taste good on the spot, 00:11:00.690 --> 00:11:03.320 but then half an hour later I'm not gonna feel too good. 00:11:03.690 --> 00:11:05.489 It's gonna be high in saturated fats, 00:11:05.609 --> 00:11:06.210 high in sugar, 00:11:06.330 --> 00:11:07.159 high in salt, 00:11:07.239 --> 00:11:08.409 it's gonna mess my body up, 00:11:08.570 --> 00:11:10.039 and then I'm gonna feel bloated, 00:11:10.130 --> 00:11:11.080 lethargic. 00:11:11.510 --> 00:11:11.989 Sometimes 00:11:12.450 --> 00:11:14.960 you can actually have a headache after eating these foods, 00:11:15.289 --> 00:11:17.359 and so the return on investment is negative. 00:11:18.010 --> 00:11:21.169 And also the fact that they hire 00:11:21.539 --> 00:11:22.809 scientists 00:11:23.049 --> 00:11:24.840 and food engineers 00:11:25.210 --> 00:11:28.080 to make these products extra palatable 00:11:28.289 --> 00:11:28.960 is 00:11:29.609 --> 00:11:30.479 quite bizarre. 00:11:30.650 --> 00:11:33.000 So, if you think about Pringles, 00:11:33.289 --> 00:11:33.479 you know, 00:11:33.489 --> 00:11:34.250 the crunch, 00:11:34.570 --> 00:11:35.530 the flavor, 00:11:35.770 --> 00:11:36.669 the smell, 00:11:37.289 --> 00:11:38.919 everything about the product 00:11:38.929 --> 00:11:39.849 has been designed. 00:11:40.619 --> 00:11:42.739 And it's designed to make us 00:11:43.419 --> 00:11:45.059 extremely addicted to these products. 00:11:45.219 --> 00:11:47.700 And also they covered the marketing in these books. 00:11:47.820 --> 00:11:50.169 Now the marketing that these food companies use, 00:11:50.299 --> 00:11:50.500 I mean, 00:11:50.539 --> 00:11:53.369 you've seen in the examples that I showed you before, 00:11:53.789 --> 00:11:56.539 the marketing is just frightening because they 00:11:56.539 --> 00:11:59.109 know exactly at what hours to market, 00:11:59.380 --> 00:12:01.010 they know exactly how to market, 00:12:01.020 --> 00:12:05.140 and they know exactly what to show us to make us motivated to go out and buy them. 00:12:05.429 --> 00:12:07.330 And if we haven't got money to buy them, 00:12:07.369 --> 00:12:07.799 for example, 00:12:08.049 --> 00:12:09.239 let's say I'm a child, 00:12:09.440 --> 00:12:10.479 I'm a 7-year-old, 00:12:10.690 --> 00:12:13.729 they know exactly how to make that 7-year-old nag 00:12:13.729 --> 00:12:16.950 his parents until they give in and buy him the product 00:12:17.179 --> 00:12:17.760 or her. 00:12:17.929 --> 00:12:21.320 And then what happens to that child is that as the child grows up, 00:12:21.690 --> 00:12:25.200 that brand gets imprinted and embedded in the child's brain, 00:12:25.450 --> 00:12:28.000 so when the child becomes a teenager and then an adult, 00:12:28.330 --> 00:12:29.919 he's a buyer for life 00:12:30.510 --> 00:12:34.280 because that brand is the number one brand that's embedded in the child's brain. 00:12:34.690 --> 00:12:36.309 And then that child becomes an adult, 00:12:36.320 --> 00:12:37.010 and then 00:12:37.260 --> 00:12:38.979 he will always seek out that product. 00:12:39.059 --> 00:12:40.049 Just think about it. 00:12:40.659 --> 00:12:42.690 Maybe you've been to the store and you wanted 00:12:42.820 --> 00:12:44.020 a specific product, 00:12:44.140 --> 00:12:45.130 a specific brand, 00:12:45.219 --> 00:12:46.250 that's what you had in mind, 00:12:46.260 --> 00:12:48.489 and the store didn't have that specific brand. 00:12:48.859 --> 00:12:51.479 And then you were kind of hesitant to maybe buy something else, 00:12:51.539 --> 00:12:53.010 even though it was the same 00:12:53.500 --> 00:12:53.950 product. 00:12:54.140 --> 00:12:56.669 It was just the branding that was more powerful. 00:12:57.140 --> 00:12:58.289 Now why is that? 00:12:58.739 --> 00:13:01.539 And the reason is because they got us when we were young. 00:13:02.130 --> 00:13:03.059 So, these two books, 00:13:03.070 --> 00:13:03.929 incredible, 00:13:04.299 --> 00:13:05.549 really insightful, 00:13:06.099 --> 00:13:06.729 quite 00:13:06.979 --> 00:13:07.820 alarming, 00:13:08.020 --> 00:13:08.780 but it's 00:13:08.820 --> 00:13:13.049 good to have this source of knowledge because then we can make wiser decisions. 00:13:13.419 --> 00:13:15.700 And just like the previous examples, 00:13:15.780 --> 00:13:17.049 the 11 that I showed you, 00:13:18.250 --> 00:13:19.419 they're really insightful. 00:13:19.890 --> 00:13:20.989 And so, 00:13:21.270 --> 00:13:22.750 hopefully this kind of, 00:13:23.869 --> 00:13:25.140 it's a game changer for you. 00:13:25.179 --> 00:13:26.650 It was a game changer for me. 00:13:26.940 --> 00:13:29.500 It has made my decisions a little bit 00:13:29.820 --> 00:13:31.450 more wise, 00:13:31.859 --> 00:13:33.950 and it's really important because 00:13:34.140 --> 00:13:35.169 at the end of the day, 00:13:35.539 --> 00:13:38.900 we don't have infinite sources of money and when we spend it we 00:13:38.900 --> 00:13:40.989 want to spend it right and we want to invest it right. 00:13:41.559 --> 00:13:42.669 And preferably 00:13:42.820 --> 00:13:43.590 what we invest 00:13:43.900 --> 00:13:45.330 the money in will be 00:13:45.619 --> 00:13:47.250 good for us and for our health. 00:13:47.380 --> 00:13:49.090 So, hopefully this video was helpful, 00:13:49.340 --> 00:13:50.250 insightful. 00:13:50.299 --> 00:13:50.900 And if it was, 00:13:51.020 --> 00:13:51.900 don't forget to like, 00:13:52.020 --> 00:13:54.739 comment, and subscribe and I'll see you in the next video. 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