this title is misleading

As a 24 year hearing this is very relevant. 20 year olds need to unite and build each other and up. Whenever some messes up be forgiving and giving .

It can be done but their is too many sacrifices us young people have to make. We won’t get enjoy our labour.

Scott Galloway for president ... if he wants :)

Key points: save every year, buy the SPY, have good peers, give complements, be honest, don't denigrate others Whole lot of "economy isn't fair for young people" in the middle that isn't advice

The work-for-wealth-xxx is a complex network. various nodes AND connecting lines. BE-CAUSE-YOU the "nodes" are represented by different shapes and colors, including rectangles, ovals, and diamonds. The FOCUS WITH-ON (PEOPLE-MONEY-THINKS) is a gay-old-time(); connecting the nodes are also varied yada yada yada with some being straight and others curved bla bla bla... YOU BREAK IT YOU BUY IT ヽ( •_)ᕗ

Pandering to a cuddled generation. The only people who have wealth at a younger age are those who earned it or those who inherited it. He's arguing that those who've worked and accumulated wealth for their entire lives have too much?

Dutch India company made the bulk of their money off of one thing: slavery. Kidnapping & selling human beings. Human trafficking. Not the analogy you were trying to make. Quite ignorant.

I began working at 18, strived and grew my portfolio to 600k by 33. Recently, lost over 30% and want to mitigate risks. Also, planning to buy a home soon and want my portfolio to grow to a 7-figure ball park so i can retire in 9 years.. What should I do?

The world is going to get a shock when Western people start getting mobile. We very much can afford to get homes on basic skills and education. But not in our home country.

Question: do you develop trust and establishing good connections when you have anxiety and depression? Scott Galloway: just be a nice person bro

Data center buildout is not eternal.

“We didn’t live past 35” is just blatantly false. How could the professor not know this? Why would I heed his advice if he affirms things so stupid?

JB is the best

1) Marry rich 2) Work in Finance or Tech 3) Start your own company and pray

And unlike when the 80 years olds were 25, today's 25 year olds don't have a career future with job stability. Today to advance in their career, the rule is change employer and position every 3 years. That may mean moving to another state. Which differs from 40 years in the same company and location progressing from position to position. Lack of stability drains mental and emotional energy.

I earn a lot, studied a lot, my wife works, I will never achieve what someone my age my skill could achieve in the 80s, working alone. Some of my friends are fit for life. Their parents are loaded and have multiple properties. Someone stand up, now.

I make more money than three previous generations in my family combined, and every time I turn around the government, hyper inflate my success away

You said nothing in 50min.

The government puts it's boot on private industry and the individual to control inflation. Then it creates inflation through wild deficit spending. What better way to break the economy and drag the country into communism.

The only thing that I have to critique on his stances is the "blows" that your should take coming from a cis gendered Caucasian man it seems a bit unnuanced and unaware.

omg the not talking s*it is so hard some people suck so bad!!! but I get it but damn, Ill try !

Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future. Making money is not the same as keeping it there is a reason why investments aren't well taught in schools, the examples you gave are well stationed, the market crisis gave me my first millions, people shy away from hard times, I embrace them.. well at least my advisor does lol.

No mention of the Federal Reserve system. Obviously missing the bigger picture.

30 or 40? This applies to millennials through n through

Run for president!!

16:46 b-b-but the wage gap?

Is only for real estate!

The root problem is fiat inflation. Bitcoin is the solution as it cannot be debased.

In Canada, single people can't deduct squat. We can only deduct medical expenses, if your expenses exceeds 3% of your net income, charitable, or political donations, and contributions to an RRSP, which is equivalent to your IRA. The best thing our government did for us, is come up with the TFSA, as a savings vehicle which is equivalent to your Roth IRA, but you have to have the money to put into it, to take advantage of it,in the first place.

This girl is so pretty!!!!

Another bum Teshitla pumper

Mike McBald always talking nonsense without any pauses. Guy talks like an android.

He’s right! Despite being shitty about a lot of things America is still the best place to live in. As person living in Asia - you absolutely DO NOT WANT TO BE IN THIS CONTINENT - cause you can very well forget freedom of speech or good principles all together if you do

They dont want to get taxed for older because that would mean someone like Nanci Pelosi making 200k worth 20 million would be worth 9 million or less. And the boomer being the largest demographic is the main force voter that maintains status quo. Parasites

No one cares.Work harder!

❤❤❤❤ let goooo

His primary falsehood, which I think is a distorted worldview rather than a lie, is that wealth is being transferred FROM the young TO the old, and that the old are hoarding wealth. For one, you're not born with a full pocketbook. You start out naked and financially worthless. Everything you have and are belongs to your parents. A big issue is that the parents and grandparents have become selfish and greedy, and Galloway gets that part- and most everything else in this interview- right. The wealth isn't being transferred properly from the old to the young, but rather than being hoarded, it's being wasted by the old. For example, instead of selling their home to a grandchild, an elder is getting conned into a reverse mortgage so they can piddle away the wealth they've been building over the last 30+ years. That house gets sold to an investment firm that then RENTS the house to someone else's grandchild. Subscriptions have extremely low ROI, so the young renter can't seem to get ahead. Another is investing. Parents got spoon-fed a worldview that the government is a god, and that this god cares for you and will take care of you. Investments have also become more automatic and hands-off with 401and 457 accounts, managed by employers. Then we have younger employees, who job-hop, and cash out those accounts to get a few extra bucks between jobs. Younger people need to be taught to invest in a multi-faceted and consistent way - stocks, bonds, ETFs, and precious metals (real metal, not paper IOUs). I wonder what percent of parents have custodial investment accounts for their minor children? It used to be expensive and difficult to invest in the markets, but it's never been easier and cheaper than now, with an eTrade, SoFi, or Robinhood account - so why aren't young people earning an APY, but instead just spending an APR?

I don’t agree that most billionaires are amazing people, sorry. Check out Epstein and Trump as examples of guys with low moral character and who use their money for personal gain.

"Recognizing that no one's as impressed with your shit as you are"

If your a young man in America. Avoid women until your wealthy. I'm can't stress this enough. Every man pays so if your getting some free or easy lays instead of working out where you'd like to be by 35-40 your post nut clarity is gonna come in two waves. The first when you finish and realize you don't really like this girl. the second when you hit 30 and realize you could of used that time making the right moves to find your wealth and your broke with the memories of some bust downs saggy waggies.

Step 1: have rich parents Step 2: deny that you have rich parents Step 3: flex money on social media Step 4: sell course online “how to get rich” . Link to my course in bio

Prof G makes a lot of good points but also says some wacky shit. E.g. “a university has to grow its admission rate as fast as population growth” why? There are new universities popping up all the time. “My taxes should be higher” well pay more taxes brother, go ahead. He’s bringing up good points but his solutions are a little to California-esque for the rest of us.

I’ve been recently weaning myself off social media and screen time in general and I feel my attention span improving. I struggled to watch anything past 10-15 mins without losing focus but I enjoyed watching and digesting this video!

book recommendation: "The Algebra of Wealth" by Scott Galloway

I'm not so sure I agree 100% with one of his final points about how Americans only hate their country because of social media and things. To me, it seems like a lot of the problems this country faces are unique because they're rooted in culture (crime and gang culture worship in media, people trying to emulate what they see and as a result making neighborhoods worse etc.) It's a culture problem, seriously.

The interview is about to age wine 🍷

If you’re not ranting about what’s going on in this country you’re not paying attention.

This was a much-needed conversation and Scott needs to be on the biggest platform possible to amplify his reach. Very intelligent, and I constantly walk away with more food for thought. Next up on the Joe Rogan podcast 🤞

I’ll vote for him!