How Much More Qualified Can You Get?
Peloton (PTON) is best known for its stationary exercise bikes, but it also has rowing machines. And–you would think–the best-qualified person to teach its rowing classes, Nick Mead, who just won an Olympic gold medal in rowing. But Peloton has Mead working logistics for them instead.
Bear in mind, being a Peloton instructor can be a pretty good gig. As ChatGPT notes,
On average, Peloton instructors are reported to make between $100,000 and $500,000 per year. Some of the most popular instructors, who have built large followings and have become key figures in the Peloton community, may earn even more, potentially reaching up to $1 million per year when including bonuses, endorsements, and other income streams.
For example, some Pelton instructors have published books, that wouldn’t have sold without their Peloton followings. Others have endorsed sports drinks, appeared in commercials for them, etc.
Who Peloton Has Teaching Its Rowing Classes
So who did Peloton hire as a rowing instructor over Nick Mead, the Olympic gold medalist? One rowing instructor they hired was Ash Pryor, who helpfully informs readers on her Peloton bio that she is a black woman.
This seems like the ultimate example of Diversity, Equity, and Inclusion (DEI): a white male Olympic gold medalist taking a back seat to an overweight black woman.
In Case You Missed It
On Friday, after our success with our Zoom Video Communications (ZM) trade, we placed an order for another trade with a similar set-up.
We didn’t get a fill on it yet, so you still have a chance to tail, if you want. If you want to get a heads when we place our next trade, feel free to subscribe to our trading Substack/occasional email list below.
And if you’d rather limit your risk now, you can download the Portfolio Armor hedging app here, or by aiming your iPhone camera at the QR code below.
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