Epic Defeats Google, Ohtani’s Dodgers Contract, and Argentina Devalues the Peso | Prof G Markets

[@yeahdefinitely6607]

As a foreigner who lived in Argentina from 2016-20 I completely agree with everything that Prof G said - too many quotable quotes to re-quote

[@tecala1]

Ok, let me get this straight. Scott goes from interviewing Mike Birbiglia to being a reference on Last Week Tonight. Street cred is going exponential.

[@jasonnugent963]

I got hit hard early in the pandemic (alpha-wave put me in the Hospital for 38 days (16 of those in ICU on a Ventilator). Even having been through that very near death experience,. I do think the Pandemic was one of the better things that could have happened. My only fear now is that we (humans) are to timid to make the bold changes we should be making (lessons the pandemic tried to teach us). Businesses need to change and modernize. The concept of "downtowns' needs to fail and be re-architected as something new. Remote Work and WFH are here to stay. So any company that doesn't embrace that is making a mistake.

[@mojasppp]

Oh wow you quote Paul Krugman. Everything makes sense now.😂

[@ReasonableHuman1]

Thank you for your wisdom Scott!

[@louiseobrien2010]

Love the reference to the British Museum. Scott is right, Aussies hate cold weather.

[@abcthegreat1]

“I’m much older and much more refined than you” bahahah Ed: I just went on a skiing race

[@softMediaWox]

The Chemistry between these two is awesome.

[@KK-pm7ud]

Where does one get the Prof G Predictions webinar?

[@CuriousTraveller100]

Kidney - Macey - made my day )

[@Triviorito]

Ohtani contract and Argentina section are swapped in the chapter list.

[@Triviorito]

I'm from Argentina and skipped directly to that section only to hear about a random guy who plays a sport that's not played in my country.

[@TheProfGPod]

Fixed, thanks for catching!

[@RTC1655]

@@Triviorito A "random" guy, with a contract that is big enough to save Argentina from hyper inflation.

[@SPLUGA]

ED: " Scott, what exciting did you do last WeekEnd? " SCOTT: " I went to get a haircut ! "

[@scottshort6204]

Just remember Sears/Kmart was also pitched as a real estate play.

[@danielromerosol4158]

The prof was savage today

[@c.p.267]

Was kind of surprised of the google app store ruling: On Android other app stores are at least allowed, so if you don't want to pay the 30%, you can distribute your app outside the google play store. Might not really be viable because pretty much nobody uses them, but at least they exist. Apple doesn't even allow any alternative app stores on iOS, so I'd have expected Epic to have a way stronger case there....

[@joshuaglassmyer8358]

Using the CPI for inflation can apparently be misleading - in an interview with Meb Faber, Felix Zuhaus shared that the government has consistently shifted and removed entire categories in ways that make inflation look less dire (healthcare expenditures, food, energy, etc.). Also loved the brief cameo of your fuzzy friend, Scott :)

[@JAGRAFX]

Watching you guys instead of the CNBC Old Men nowadays. 😎😎

[@thiagomassa9807]

Agree with Scott, Alphabet is going to boom in 2024, also with Waymo silently rolling out in many cities. But really unsure how this will pan out short-term, as it seems to ruin their search ads business.

[@dontdoit6986]

Saw you on John Oliver! ❤

[@Well_Earned_Siesta]

Google lawyers likely opted for a jury (initially) because they thought the "Google halo" would be enough to pull them through.

[@moonccake]

Just want to say they are both wearing the same black sweatshirt 😂. ED is indeed looking more and more like Scott.

[@BradynJoanie]

Watching you guys instead of the CNBC Old Men nowadays.

[@neilmoran9988]

Good advice about selling stocks at a loss for tax purposes. Skiing meth head was awesome.

[@carianoff]

I love that I always get urology fear at least once an ep.

[@parkmannate4154]

There are 4 types of economies in the world; Developed, Developing, Japan and Argentina

[@paxdriver]

7:08 Jerome Powell had nothing to do with government spending and isolationism. Blowing a bubble bigger does not make for a stronger economy. Same thing I said with Trump - spending money doesn't mean you're richer.

[@bingoSK9]

Does Powell really have credit in this? If there is no recession, its more likely because the workforce has changed and there 2 generational forces driving spending. 1) A good chunk of the laborforce is being sapped into the global online economy rather than traditionnal jobs. So their income is not necessarily affected to US monetary policies. 2) Lots of boomers are retiring, also adding strain to an already hot job market, but mainly those people are spending regardless of monetary policy. 3) Most younger workers are no longer saving to buy houses because they lost hope they even could. So they are also spending. No wonder company earnings are still strong despite quatitative tightening.

[@Rawstock92]

Raise a glass on Bobby Bonilla Day … even if the payments are done, raise a glass that day.

[@TommySaucierPlourde0]

Malheureusement/Sadly there is no snow in Québec right now, just artificial snow.

[@tigreytigrey8537]

Take a shot everytime he sais "im a privileged white heterosexual male"

[@LegionKilo]

A good, but maybe boring study, would be the impact of a populist government on that countries economy.

[@KK-pm7ud]

The Google trial verdict makes no sense

[@myname7890]

About Argentina: it's already working. The country is acumulating reserves

[@myname7890]

Also, Milei sounds like Trump, but most of his policies are totally different

[@jameslong4511]

I saw a dog. I'm sure Prof. Galloway said a lot of important stuff, but I got distracted by the dog. lol

[@VT-ix5oh]

Market crash up. My raises levaporated, home ins up 20%, property tax up 12% , groceries up 15%. I dont give a Ch!+ about dow. Inflation #s basket keeps changing

[@thomas6502]

Affordable housing.

[@adamtalkington8472]

Why does nobody ever reference Argentina’s history of pegging the currency to USD under Menem in the 90s? You must be aware of that craziness, Scott, as it led to the financial crisis in 2001.

[@roblinton1261]

Always enjoyed Prof G but now he's an Arsenal fan this is unmissable content...GO GUNNERS!! But less of the Spurs Prof G, that's just poor judgement. #northlondonforever🥰

[@gabrielvidal7845]

As Prof G described argentine story is very poor. We hope to turn around the present.

[@VirmanaMarketing]

How do you reconcile high gdp growth with massive layoffs in high income tech roles? Id love to be able to reconcile it. High earning job disappearing and economic growth. Also, What is your opinion of Sundar Pichai. IMO, he’s the worst CEO of all large tech companies… late to AI, no new products and bad lawsuits all over.

[@guru47pi]

This may help reconcile the two: Ask yourself how long were those laid-off tech workers unemployed after their layoffs? I know many, many tech folks who have been laid off as startups fail w/rising interest rates, but everyone I know who looked for a job found one within a couple of weeks, and that's reinforced by the 1.2% unemployment rate for software developers. It's similarly low for other tech jobs. Creative destruction of individual firms doesn't necessarily mean an unhealthy economy; it's only a problem if the rate of loss exceeds the rate of job creation.

[@PaulLembo]

Please, stop covering bitcoin like it matters.

[@oldmango8606]

love the weimaraner

[@benzpinto]

things being stolen from the british museum. thats ironic. 😂 nice joke there.

[@floatcrewest08]

Dog sighting.

[@rsquinlan22]

When that thing on Scott’s forehead, finally heals, that’s the day I stop watching… so in other words, I’m in it for the long-haul!

[@vinicius11ariel]

Well done, Fifa > all other video games

[@abcthegreat1]

First

[@BillPetrovas]

We need Trump's leadership globally. Scott says " sounds corrupt and stupid" - sounds like Joe Biden.