"Her" but with Scott as Joaquin Phoenix and Ed as Scarlett Johanson 😂 Been listening to the podcast for a few months now and this is my favorite episode so far. Thank you for sharing the great conversation.
Profitable trading requires experience, a solid strategy,and preparation, which we lack, understand buy/sell ratios, identifying market leaders, and diversifying are key to reducing risk.
In a field as rapidly evolving as cryptocurrency, staying updated is crucial. continual research and adaptation to the latest market changes have been instrumental in helping me make informed decisions.
Her technical analysis is excellent and her interpretation/projections of the market is so accurate, i sometimes ask myself if she is human haha. Point is, Laura is the perfect trader to follow for advise and daily signals..
It's easier for me to work with a broker. It's more of a partnership, all based on a shared percentage. She does the legwork required. to pick stocks and execute trades, provides complete investment management to achieve your specified goals..
Hey Prof G, I appreciate your desire to expose your children to different parts of the world and to show them the challenges that people face. By focusing solely on Africa as an example of poverty, we risk perpetuating a one-dimensional view of the continent that overlooks its complexities and successes. I love the show btw!
I’m 57 so I’m a little qualified to say this: Ed is way too wise for a 26 year old. Damn, I wish I was half as smart as him when I was his age. Ed, what’s your secret?
Missing out on key opportunity time pockets and to know WHEN to tie the bow. Also What government spent money on, for example military versus domestic spending that gets recirculated after Reagan was an eye opener yet predictable. What do I know?
Honestly no need to go to Africa to show your kids about how lucky and not at fault they are for the wealth they are born in. Take them to Kingsman Arizona, Oakland CA, Flint Michigan, Cleveland OHIO or one of the other many countless cities in the US
You go to dystopian cities in the US (a resource rich country) to see mental illness, drug addiction, people that choose a certain lifestyle, and dysfunctional government without a plan to deal with those things. Going to a poor country in Africa is a completely different situation.
I really think it would be interesting to have Ed and/or other young members of the team do a breakdown of their personal finances the way Scott has in the past. It would be really insightful to see how they internalize and act on all of the information the podcast puts out.
Fantastic episode! I agree in that I've realized over the years that you must invest (time/money/effort) into the things you care about. However, in my opinion, there's no better return to be found over investing in familial relationships, with children having the most outsized returns.
On kids and teaching them how to have gratitude for money: have them volunteer for underprivileged communities and / or give them a (brief) experience where they have to work & pay for everything including living. When your daily experience is monetary abundance, experiencing monetary scarcity that many feel regularly will help them further develop that empathy.
Come on, Scott- I know you see the hypocrisy of using a private jet to fly your kids to Africa- to see the less advantaged people. Your heart is in the right place, & you’re right about kids being so different from the same parents. The results are infinite. Sorry if my first sentence sounds mean, it’s not meant to be so.
Hypocrisy? Authenticity is about being who you are. How should a multimillionaire and his children travel when traveling to Africa if not by private jet? What is the point of being a multimillionaire if not to be able to fly in a private jet if you want? After all, Scott used to own his own private jet, and sold it last year I think, because it was a thing for a while. And he was thinking of investing in the engine refurbishing side... Flying your kids in a private plane when visiting Africa when you are a multimillionaire is absolutely the right thing to do. It's safer and far more comfortable than going by a commercial flight. I mean, how do you expect authentic multimillionaire to travel to Africa? Barefoot and the back of an ass?
Scott, I like that you are thinking about your relationships. I also like that you extend it from your children to your nieces and nephews and to humanity. I wonder if not flying private would be a good thing for that. Also being rich could be a privilege but being poor could be an even greater one. For example I’ve heard that in the Blue Zone Nicoya people are very poor yet happy and live long. Is this true?
Think the Supreme with a Matress went over my head or possibly hit home. Sure think this is a top ten podcast, for me, not that that matters either. 🤓thanks once.again👍
Hi guys - One guest I might recommend for the podcast is a guy by the name of Gary Stevenson. He does quite a profound interview with Business Insider regarding his journey as a trader in banking, and his UA-cam channel is focused on growing wealth inequality, particularly in the UK.
Fun and informative episode. Interesting: do many ~50-60 year old heterosexual "married" people together for 20 years actually call each other "partners" instead of spouses or husbands/wives? Not in my experience.
Can you get into Trusts in a future podcast? What HAVE you learned Prof? Difference in states? Transparency, Managers (Executors) Responsibilities, etc. LLCs seem to be hot?
Great podcast, but I wanted to share a perspective on the part about taking your kids to Africa to show them poverty. -> Poverty exists in every country, including in the U.S. You don't need to go far to expose children to the realities of economic hardship-there are shelters, food banks, and struggling communities in New York City. It's important to remember that Africa is not a monolith, and the stereotype that the continent is synonymous with poverty is a harmful and outdated narrative. There’s so much more to Africa-its rich cultures, resources, the hassle and drive by the people, cities and villages -than this narrow view. Just challenging these misconceptions, please show your children a more complete and accurate picture of the world.
Nooo, Scott, tell your kids how much money you’re spending 😂 🤦 By concealing the number you’re pushing them into more delusion about money, not less. Your job as a parent is to be 100% honest so that your kids grow up without any delusions about you or the world they live in
Having MBA doesn't show someone is smart, just that they have $$$ to pay for it. If she had PhD in Math, Engineering, Brain Surgeon or something in STEM them we can talk. Having MBA is not measure of someones intellect
Yeah it’s interesting to hear about from a “how the rich and famous live” perspective, but that’s about it. His definitions of “broke” or “not a lot of money” just don’t land for most people. Interesting stories to listen to, though.
I will disagree, for most part. His message about supporting your family to the best of your ability applies to all classes and so does the desire to teach his kids about the value of money and relationships. He clearly empathizes with the poor, old, and broken but has lost some of the perspective about how family and friends support each other while being poor. However, most of this episode and incredible message still holds true no matter how much money you have.
@@DankoStojanovic the bit about encouraging his wife to splurge on earrings bordered on crass and is (inadvertently perhaps) an f-you to normal folks out there. People with real wealth don't really behave like that. Also, Scott's anecdotes of buying stuff for his sister's family and various friends suggest that he buys their attention and friendship with money. I would feel gross - and constantly wonder if my relationships were 'real' - were I to do that. Lastly, supporting one's parents is an all round fantastic and masculine thing, no argument there.
This is one of the reasons why the wealthy must pay their fair share of taxes. You shouldn’t be paying for healthcare through a provider.I live in Canada,our system isn’t perfect but you are not getting billed like you are in the U.S. if you had decent healthcare you wouldn’t be having most of this conversation. The millionaires and billionaires must pay their fair share of taxes. If they did ,North America would have way better healthcare, highways, pay,etc. On the subject of telling your kids how much money you have , absolutely not. Money in the parental/ child relationship can become transactional .teaching your kids how to become self sufficient is the best parenting you can do
"Her" but with Scott as Joaquin Phoenix and Ed as Scarlett Johanson 😂 Been listening to the podcast for a few months now and this is my favorite episode so far. Thank you for sharing the great conversation.
Ed has officially left his human form and uploaded himself to the cloud to keep Scott company forever, instead of Jarvis Scott has Jelson
This is one of my favorite episodes. The topics really hit home because everyone deals with these questions.
Profitable trading requires experience, a solid strategy,and preparation, which we lack, understand buy/sell ratios, identifying market leaders, and diversifying are key to reducing risk.
In a field as rapidly evolving as cryptocurrency, staying updated is crucial. continual research and adaptation to the latest market changes have been instrumental in helping me make informed decisions.
Her expertise is truly commendable. She has this knack for making complex crypto concepts easy to understand.
She is MRS LAURA TOMS, in IN S T A G R AM..
Her technical analysis is excellent and her interpretation/projections of the market is so accurate, i sometimes ask myself if she is human haha. Point is, Laura is the perfect trader to follow for advise and daily signals..
It's easier for me to work with a broker. It's more of a partnership, all based on a shared percentage. She does the legwork required. to pick stocks and execute trades, provides complete investment management to achieve your specified goals..
What a relatable start to a podcast.
“I have never had financial stress. Here is my advice with regard to finances and relationships”
Hey Prof G,
I appreciate your desire to expose your children to different parts of the world and to show them the challenges that people face.
By focusing solely on Africa as an example of poverty, we risk perpetuating a one-dimensional view of the continent that overlooks its complexities and successes.
I love the show btw!
I’m 57 so I’m a little qualified to say this: Ed is way too wise for a 26 year old. Damn, I wish I was half as smart as him when I was his age. Ed, what’s your secret?
Agreed, I’m 39 and doing well, but I would have had a lot more if I got really serious at 25-26
Missing out on key opportunity time pockets and to know WHEN to tie the bow.
Also What government spent money on, for example military versus domestic spending that gets recirculated after Reagan was an eye opener yet predictable. What do I know?
just have your kids fly commercial during the holidays, lesson realized lol
Great podcast guys? 🙌🏼 Thanks for those amazing advice 👏🏻👏🏻👏🏻👌🏼
Honestly no need to go to Africa to show your kids about how lucky and not at fault they are for the wealth they are born in. Take them to Kingsman Arizona, Oakland CA, Flint Michigan, Cleveland OHIO or one of the other many countless cities in the US
You go to dystopian cities in the US (a resource rich country) to see mental illness, drug addiction, people that choose a certain lifestyle, and dysfunctional government without a plan to deal with those things.
Going to a poor country in Africa is a completely different situation.
I hear they are all Joyful with a spirit of gratitude...every moment. It's seems to be more than cultural too.
Ed seems more enthusiastic than normal
He’s getting laid
Perfect topic for me this week as I just welcomed in my first kiddo. Thanks Scott and Ed🎉
Prof. G-sus: The profit prophet
In all honesty, please keep going and thank you
That was an awesome opening joke🤯🤣🙈😂🤣🙈
It's another 1 Scott G🥳🥳🎊🍾
Scott is so open talking about his family's hardship 😢
I really think it would be interesting to have Ed and/or other young members of the team do a breakdown of their personal finances the way Scott has in the past. It would be really insightful to see how they internalize and act on all of the information the podcast puts out.
Fantastic episode! I agree in that I've realized over the years that you must invest (time/money/effort) into the things you care about. However, in my opinion, there's no better return to be found over investing in familial relationships, with children having the most outsized returns.
On kids and teaching them how to have gratitude for money: have them volunteer for underprivileged communities and / or give them a (brief) experience where they have to work & pay for everything including living. When your daily experience is monetary abundance, experiencing monetary scarcity that many feel regularly will help them further develop that empathy.
Come on, Scott- I know you see the hypocrisy of using a private jet to fly your kids to Africa- to see the less advantaged people. Your heart is in the right place, & you’re right about kids being so different from the same parents. The results are infinite. Sorry if my first sentence sounds mean, it’s not meant to be so.
Hypocrisy? Authenticity is about being who you are. How should a multimillionaire and his children travel when traveling to Africa if not by private jet? What is the point of being a multimillionaire if not to be able to fly in a private jet if you want? After all, Scott used to own his own private jet, and sold it last year I think, because it was a thing for a while. And he was thinking of investing in the engine refurbishing side... Flying your kids in a private plane when visiting Africa when you are a multimillionaire is absolutely the right thing to do. It's safer and far more comfortable than going by a commercial flight. I mean, how do you expect authentic multimillionaire to travel to Africa? Barefoot and the back of an ass?
Fabuluos pod.
Amazing episode. Multiple moments of phycological self analysis and discovery.
Worst part was the episode ended
"They look like a farm animal with overgrown hair" lmfaoooo
Broccoli head trend? Gimme Elvis thank you. Pompadours.
Scott, I like that you are thinking about your relationships. I also like that you extend it from your children to your nieces and nephews and to humanity. I wonder if not flying private would be a good thing for that. Also being rich could be a privilege but being poor could be an even greater one. For example I’ve heard that in the Blue Zone Nicoya people are very poor yet happy and live long. Is this true?
I was on my own before i left high school
Best gift ever
Semi retired @ 47
haha, scott galloway earning his title "The Late Boomer" for 33 minutes straight
Keep it up with the dirty dad jokes Scott they are hilarious
50/50. Some are as off brand as Musk supporting MAGA. Some are hilarious.
Miss the "Scott-Free August" on Pivot. Looking forward to your return!
Please bring on Gary Stevenson!
Loved this episode.
Think the Supreme with a Matress went over my head or possibly hit home.
Sure think this is a top ten podcast, for me, not that that matters either. 🤓thanks once.again👍
Hey Ed, do you want to explain why we cannot see you??
Hi guys - One guest I might recommend for the podcast is a guy by the name of Gary Stevenson. He does quite a profound interview with Business Insider regarding his journey as a trader in banking, and his UA-cam channel is focused on growing wealth inequality, particularly in the UK.
This was honestly insightful on a personal level for me. Thank you.
AI generated ED did pretty good this Episode
I always enjoy this show but this is a bit of advice for the 1% from the 1%
A large proportion of his audience are probably in the 1% or close to that.
@@Lenfal are you for real haha. I cant imagine any 1 pcter spends time on podcasts...let alone ProfG. And that's no shot to the lovely podcast!
@@noahwald907 Nope you'd be wrong about that.....
Fun and informative episode. Interesting: do many ~50-60 year old heterosexual "married" people together for 20 years actually call each other "partners" instead of spouses or husbands/wives? Not in my experience.
Need a higher AI budget for Ed.
Can you get into Trusts in a future podcast?
What HAVE you learned Prof? Difference in states? Transparency, Managers (Executors) Responsibilities, etc. LLCs seem to be hot?
I'm curious if Scott sends his kids to private school or public school and what he thinks about that decision.
My sisters don't do anything financially, logistically, emotionally in taking care of my parents. So much time and money. Good siblings are a blessing
Scott teeing up the fattest rug pull ever.
Spotlight must be tough some days. Me time is important too in order to give back.
Joke to open another show: We don't like birds, but have kissed a cockatoo.
Has anyone seen Gary's Economics youtube channel? It's so good, I think he'd be a great guest on this show.
If you had teenage girls you’ld be broke already…kidding…kinda….great thought provoking episode thx
Great podcast, but I wanted to share a perspective on the part about taking your kids to Africa to show them poverty. ->
Poverty exists in every country, including in the U.S. You don't need to go far to expose children to the realities of economic hardship-there are shelters, food banks, and struggling communities in New York City. It's important to remember that Africa is not a monolith, and the stereotype that the continent is synonymous with poverty is a harmful and outdated narrative. There’s so much more to Africa-its rich cultures, resources, the hassle and drive by the people, cities and villages -than this narrow view. Just challenging these misconceptions, please show your children a more complete and accurate picture of the world.
Should co write a book about money and what you can do with it for purposes
There are websites that give ratings.
Bill and Melinda Gates not surprisedly is up there. Lots of time and energy by both.
A. I. Ed is funnier than real-time Ed. This is a clever way of the Prof not paying for your overtime; Ed! HEY! Which one am I talking to??? 😮
Nooo, Scott, tell your kids how much money you’re spending 😂 🤦 By concealing the number you’re pushing them into more delusion about money, not less. Your job as a parent is to be 100% honest so that your kids grow up without any delusions about you or the world they live in
Having MBA doesn't show someone is smart, just that they have $$$ to pay for it.
If she had PhD in Math, Engineering, Brain Surgeon or something in STEM them we can talk.
Having MBA is not measure of someones intellect
Maybe not in intellect, but it shows drive and motivation to keep climbing. But I agree you're most likely not starting from a broken position.
STEM are makers (creators) not middlemen suckers off others.
Bring the kids to Lagos Nigeria and let them see how poor their dad is. ..seriously Scott.
Making money is a lot of fun but its just a mean to the ends…
100%
Scott's anecdotes and approach to navigating financial matters with family does NOT apply to and is not appropriate for 99.5% of people out there.
Yeah it’s interesting to hear about from a “how the rich and famous live” perspective, but that’s about it.
His definitions of “broke” or “not a lot of money” just don’t land for most people.
Interesting stories to listen to, though.
I will disagree, for most part. His message about supporting your family to the best of your ability applies to all classes and so does the desire to teach his kids about the value of money and relationships.
He clearly empathizes with the poor, old, and broken but has lost some of the perspective about how family and friends support each other while being poor. However, most of this episode and incredible message still holds true no matter how much money you have.
@@DankoStojanovic the bit about encouraging his wife to splurge on earrings bordered on crass and is (inadvertently perhaps) an f-you to normal folks out there. People with real wealth don't really behave like that.
Also, Scott's anecdotes of buying stuff for his sister's family and various friends suggest that he buys their attention and friendship with money. I would feel gross - and constantly wonder if my relationships were 'real' - were I to do that.
Lastly, supporting one's parents is an all round fantastic and masculine thing, no argument there.
Take home message: Don't be broke and alone in America.
you don't need to travel to the continent of Africa to find poverty... there are plenty of "learning" opportunities in the US
This is one of the reasons why the wealthy must pay their fair share of taxes.
You shouldn’t be paying for healthcare through a provider.I live in Canada,our system isn’t perfect but you are not getting billed like you are in the U.S. if you had decent healthcare you wouldn’t be having most of this conversation.
The millionaires and billionaires must pay their fair share of taxes. If they did ,North America would have way better healthcare, highways, pay,etc.
On the subject of telling your kids how much money you have , absolutely not.
Money in the parental/ child relationship can become transactional .teaching your kids how to become self sufficient is the best parenting you can do
Jetting to Africa to expose them to poverty. Still a privilege flex. I hear Blackpool has the lowest income postal code. Jeez.
fta
Did Ed's pimple get worse?
Huh
Brutal joke 😂
#EEmoneytherapy
AI ED frozen
So good to see intergenerational experiences making a comback since 2019-2020. Pandemic?🫶