SHARES? >> STEVE KOVACH OUT IN CUPERTINO, CALIFORNIA. ENJOY YOURSELF. APPLE INVESTORS ARE ENJOYING THEMSELVES RIGHT NOW. >>> FOR REACTION ON APPLE AND TECHNOLOGY AND OBJECTIVITY AND EVERYTHING, LET'S BRING IN LEGENDARY TECH INVESTOR WHO IS NOW PRIMETIME PARTNERS COFOUNDER AND CHAIRMAN. HE HAS RUN A NUMBER OF VENTURE CAPITAL COMPANIES. HE HAS FUNDED MANY, MANY COMPANIES IN HIS LIFETIME AND THAT IS ALAN PATRICOF. IT IS GREAT TO HAVE YOU BACK ON SET. >> WE HAVE BEEN TALKING FOR A LONG TIME. I AM REALLY PLEASED THAT YOU CAME ON LAST CALL. I WANT TO TALK ABOUT THIS HUGE GOLD RUSH OF PEOPLE WANTING TO LIVE LONGER AND LONGER AND LIVE HEALTHIER . YOU INVESTED IN APPLE 40 YEARS AGO. DID YOU EVER IMAGINE IT WOULD BE THIS? >> CONSIDERING I INVESTED $315,000 WHEN IT WAS VALUED AT $60 MILLION, IT JUST HAD STARTED THE YEAR BEFORE. I COMPUTED THE VALUE OF THAT ABOUT A YEAR AGO. I HAVE NOT DONE IT RECENTLY BUT I WAS RUNNING -- IT WOULD BE WORTH ABOUT 8 BILLION. >> WHAT? I AM ASSUMING YOU DID NOT KEEP IT. >> ACTUALLY, INSTEAD OF SELLING IT, AFTER IT WENT PUBLIC, WE DISTRIBUTED IT TO THE INVESTORS. I HAD ABOUT 40 INVESTORS. I WONDER IF ANYBODY, BY MISTAKE, PUT IT INTO A DRAWER AND FORGOT ABOUT IT? >> YOUR 315,000 WOULD HAVE BEEN 8 BILLION LAST YEAR? >> I HAVE NOT PRAISED IT. I HAVE A COMPUTER PROGRAM WHICH I WAS MONITORING IT ON A MONTHLY BASIS JUST TO SEE, FOR FUN, WHAT WAS HAPPENING. >> I HOPE THAT ONE OF THOSE 40 OR SO INVESTORS DID, TO YOUR POINT, FORGET ABOUT IT. OH, HONEY, I JUST FOUND $500 MILLION STUCK IN THE CORNER. >> I HAD A SIMILAR EXPERIENCE WITH THE MINING COMPANY THAT WAS DISTRIBUTED FROM 25 YEARS AGO AND I LOST THE CERTIFICATE AND FOUND IT IT HAD A REASONABLE AMOUNT OF VALUE AND EQUITY. >> THIS IS THE LIFE OF ALAN PATRICOF. MY NEXT LIFE, I WANT TO COME BACK AS YOU. YOU ARE LITERALLY FINDING MINING CERTIFICATES IN A DRAWER. THEY SAY THERE IS NOTHING MORE THAN HEALTH. >> WHAT IF SOMEBODY TOLD ME, MY FORMER BOSS, HEALTHY MAN WORRIES ABOUT 1000 THINGS AND A SICK MAN WORRIES ABOUT ONE. YOU ARE DOING SO MANY INVESTMENTS NOW PRIMETIME INTO LONGITUDE ". >> MEDICARE IS CURRENTLY ABOUT $900 BILLION. AND IT IS GROWING AT 8% A YEAR. LET'S SAY, 2030. IT COULD BE AS MUCH AS 50% OF THE U.S. BUDGET. WHEN YOU THINK ABOUT THAT -- IT IS PROBABLY TOO EARLY. 2040, 2050. >> RIGHT WHEN I START USING IT. >> IT IS GROWING AND GROWING. WHAT WE ARE DOING IS INVESTING IN THE PRODUCT SERVICES AND TECHNOLOGY THAT TAKE CARE OF THE FASTEST-GROWING PART OF THE POPULATION. NO ONE IS FOCUSED ON. PEOPLE OVER 60 ARE GROWING TO THE POINT THAT BY 2030, THERE WILL BE MORE PEOPLE OVER 60 THEN THERE WILL BE UNDER 18. >> WOW. AND THEY HAVE A LOT OF MONEY. >> EXACTLY. WE DON'T INVEST IN DRUGS OR BIOTECH BUT THEY ARE MAKING LIFE BETTER FOR ALL OF US, MAKING US LIVE LONGER, BETTER AND HEALTHIER LIVES AND THAT MEANS MORE CUSTOMERS FOR THE COMPANIES THAT WE ARE INVESTING IN. WE WILL GIVE THEM PRODUCTS AND SERVICES AND TECHNOLOGY. >> YOU ARE NOT DOING IT FOR CHARITY. YOU ARE DOING THIS TO MAKE MONEY FOR INVESTORS. >> 100%. >> WHEEL FOCUS ON THE YOUNG, 25 TO 54. WHAT IS THE LATEST TIKTOK PHRASE -- PHASE? THE BIGGEST GROUP OF PEOPLE IN THE WEALTHIEST GROUP OF PEOPLE AND THEY HAVE BEEN LONG IGNORED BY MANY PARTS OF THE INVESTING COMMUNITY. >> EVERYONE HAS ALL OF THE SUDDEN DISCOVERED THAT YOUR OLD ALMA MATER. BLOOMBERG HAD THE WORD LONGEVITY. THE ECONOMISTS, VANITY FAIR, NEW YORK TIMES, FINANCIAL TIMES. WHEREVER YOU GO, PEOPLE ARE THINKING MUCH MORE ABOUT HOW I CAN LIVE HEALTHIER AND HAPPIER. I GET ASKED ALL THE TIME HOW I HAVE GOTTEN TO THE POINT I HAVE AT THIS AGE AND WHAT MY SECRET FOR SUCCESS IS. >> I SAY FINDING A MINING CERTIFICATE IN A DRAWER WOULDN'T HURT. >> HAVING A POSITIVE ATTITUDE ABOUT LIFE. WAKING UP EVERY DAY AND THINKING THE WORD YES. WAKING UP WITH A SMILE. OF COURSE, EXERCISING AND LIVING A DECENT LIFE BUT WORKING, HAVING RELATIONSHIPS WITH FRIENDS. I RECENTLY, FOUR MONTHS AGO GOT MARRIED. PREVIOUS
