CCL benefits from both budget families and wealthy retirees: cruises are cheaper than flying or hotels, retiring baby boomers with assets love cruises, and Carnival owns high-end brands. Fuel costs hit travel equally; it will be fine unless a once-in-a-hundred-year health crisis hits.

Next one, number two, CCL, Carnival Cruise Line, okay ? I'm not sure if you've ever traveled on Carnival Cruise Line. I have traveled several times. I even went to one this summer, right ?

They are really in a very advantageous position in terms of how they benefit when families want to go on vacation, right? As my kids wanted to go on a cruise, we took them on a short Carnival cruise.

I live in Vegas, if you didn't know. So it's very easy to go to Long Beach and take a three- four day cruise from there. So we did that this summer and I think it's pretty cheap.

It's a lot cheaper than flying to other places, right ? So it's really a great family activity. It's much better than flying somewhere and other expenses.

And you have to remember that many families do n't have the money to fly anywhere in the world like mine. Many people do n't have that ability directly. They do n't have the money to say, "Oh, I'll fly to Paris ."

"I'll take the kids to Italy ." No, that's not the case. I wake up. No, it doesn't actually work that way. And so if you're thinking about going on a family vacation and want to do it on a budget, I'd say Carnival Cruise Line is for you.

It is next to you. Compared to the cost of hotels and airlines, you can go on a Carnival cruise at a discounted price, right?

And people usually have a great time on those cruise lines , right? They use the buffet and have a great time with all that stuff , right? And swimming in the pool, enjoying all the activities on the cruise, and getting off the ship and exploring different places —all in all, it's really affordable.

I think it's because I've had a lot of vacations over the years, right? And just my wife and I have had luxurious vacations together, and we've also had many vacations with the kids, right?

Which is usually the same as a public holiday. And I can tell you that, in my opinion, cruise vacations are the best of all in terms of overall experience, which your kids will love.

But this is only one side of the picture. Not everyone has kids anymore, right? The other side is the baby boomer generation. The baby boomer generation has many assets. Everyone should know this, right?

And the baby boomer generation is all retiring now. They now want to travel and have new experiences. And what do we know about people over 50? They love to travel on cruises. They love to travel on cruises.

So when we're talking about this huge population who have a lot of money and love cruise travel, it's profitable for all the cruise lines.

But you should also keep in mind that Carnival Cruise Line also owns other cruise companies. So if you think, oh, maybe a baby boomer with a net worth of $2 million, he's not interested in going on a Carnival cruise.

That's probably wrong, but you can assume it. But you have to understand that Carnival also has high-end brands, which those baby boomers might book. So, they benefit from all sides — those looking for a great family vacation at a low cost, as well as retirees who have money and love to cruise.

So ladies and gentlemen, this is something to keep in mind. So carnival is definitely one. Yeah, as long as they don't get hit by a once-in-a-hundred-year health crisis, they'll be fine, right ?

Now, another thing you can say about Carnival is the price of fuel. Fuel prices have gone up a lot , haven't they? And fuel prices are now incredibly high. So, what do you think ?

This is not just a carnival problem. What about the airlines? It affects them too. Um, if you want to drive far away on vacation, you'll have to cover that cost too. So I do n't see it as an advantage or a disadvantage.

It actually affects everything equally at that time. However, fuel prices rise and fall again. That's the thing , isn't it?