I'm an aspiring trader who would rather learn from other traders' experience than investing in the market myself, in anticipation of the next bull run. What are your thoughts on copy trading as well? Do individuals actually earn a living? Just trying to get some reassurance. I want to have a healthy portfolio worth at least $850,000. Reliable inputs please.
The strategies are quite rigorous for the regular. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.
I’d suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $130k in passive diversified safe-haven assets, Up 358k so far and pretty sure I'm ready for whatever comes.
Talking about advisors, do u consider anyone worthy of recommendations? I have about 100k to taste the water now that large cap stocks are at a discount... Thanks.
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Rebecca Nassar Dunne’” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
My friend worked in a gas station for 5 years instead of going to college. Some of our friends said he had no ambition while they studied to be engineers, architects and medical professionals. His boss and him bought a run-down Philips66, which he bought out from his old boss. Last year, he made $450k on sales of $3.2 million.
@@luisdetomaso867 My uncle built a truck stop next to the interstate back when I was a kid and he made way more than that for years. When semi trucks are involved, your getting several hundred dollars per truck, per pump, non stop almost 24 hours a day. Not to mention the income from all the high priced junk food inside, cigerettes, etc... It all adds up when you have a high volume location.
@@luisdetomaso867 using your $365/hr number, my tank takes $70 to fill, so that's only 5-6 fills per hour, one fill every 10-12 minutes... not impossible.
Successful investing is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.
Government policy has thrown the future under the bus for decades. The day of judgment is near. I predict an 80% drop in the stock market. Investors will abandon stocks in favor of real estate. There will be no money in banks... You must devise a strategy for survival.
I agree. I have pulled in more than $735k since 2020 through my advisor. It pays off more in the long run to just pick quality stocks and ride with those stocks.
My CFA ’Gertrude Margaret Quinto’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
Healthcare in USA will never be "fixed."It's not "broken" for insurance companies.It's not "broken" for pharmacy management companies. It's not "broken" for pharmaceutical companies. It's only broken for citizens and we are not corporate financial entities so we do not count. Until our democracy is fixed (which will never happen) healthcare can never change.
You are absolutely correct with your comment aside from your closing sentence, you suggested a prerequisite to fixing American healthcare is fixing our democracy. With respect I must say , we need to fix our Republic which is the system we have in the USA. A democratic republic is not at all the same as a democracy. I don’t mean to split hairs over the difference between mere words but it’s far too often even very intelligent people are lost on this concept that we have a republic that has democratic values within it. Athens of ancient times is an example of a democracy where every male over 18 has voting power. For anyone who cares you’ll know better than I’m able to explain it by searching the differences between democracy and a republic
The issue with Tech in Healthcare is that because medical people don't understand tech and tech people don't understand the medical field, it takes a lot of mutual understanding and consultation to even discover a problem that can be solved with technology let alone AI. Many health-tech startups don't solve large enough problems to truly succeed.
To many, Scott is "In your face" - Brutally honest. Stoic with a strong sense of conviction. Honest self evaluation. Basically, every element of becoming a man from Rudyard Kipling's IF. Blessed with the voice & articulation that talks to our soul. Thank you, Scott. 🙏🏼👍💕
Haha we’re awful. Roasting them while their being all vulnerable. Jokes aside, this is a great podcast. It’s ranked as one of my top two favorite podcasts for a little over a year.
@@MrLuigiFercotti Yeah, it’s poor people thinking. I know, because it’s the first place my mind went. I just recognize that I have been indoctrinated into negativity, we have to fight against that scarcity mindset.
I'm a pharmacist and dabbling in AI/healthcare is incredibly difficult. But I agree, if you can tap in 0.01% of the space the dividends will pay off immensely
Warren Buffett underscores the vital importance of understanding compounding and adopting a long-term perspective for financial success, as leveraging the compounding effect and maintaining a extended investment horizon enable individuals to accumulate substantial wealth through patience and strategic planning.
Navigating the complexities of investing can be challenging for newcomers, but by staying informed through analysis of financial news, market trends, and expert perspectives, I aim to offer valuable guidance and help individuals make well-informed investment decisions, emphasizing the importance of seeking advice from financial professionals and conducting thorough research.
Certainly not, as I've closely tracked the performance of my portfolio, witnessing an impressive surge of $433k in just the last two quarters. This experience has illuminated the reasons behind the substantial gains that seasoned traders often achieve in the seemingly unpredictable market. I must emphasize that embracing this path has been one of the most audacious choices I've made in recent times.
*@kristenpierce8661* Kindly share the details for reaching your advisor. With inflation negatively affecting my funds, I'm in search of a more lucrative investment strategy to optimize their performance.
"Camille Alicia Garcia" is my portfolio-coach, I found her on Bloomberg where she was featured, I googled her name on the internet. Fortunately I came across her website and reached out. You can go verify yourself.
My net worth is a lot less than theirs and I’m retired since 41 and have zero anxiety about money. That can’t be healthy to have a 9 figure NW and still have money anxiety.
You are correct. It is an addiction they refuse to fess up to, that being said I am the exact same way (not in networth though hahahha, but in addictive personalities)
I think some people just stress out about money even when they have a decent income. I have the same issue but I don't see it as an addiction but as a constant state of fear that I'm going to be broke again tomorrow over whatever reason. It's such a weird feeling and no one in my family is like that. I'm not sure where it comes from but I've always had that issue since I was in my early 20s. Sometimes it's so bad I can't sleep but again it's more fear based vs. a greed thing. But everyone is different so maybe for others it's greed based.
Great video, I've been interested in investing ever since I came across articles of people making up to $150,000 and more in this period, thanks for the video but is it really possible for a retail investor to achieve this in months?
I've purchased numerous stocks in individual firms. Because there are so many stocks that will skyrocket in the long run, it is currently safe to buy in on ETF and ride it out. Due to fud, I sold out early, but then retraced my ways and re-invested $350,000 with a financial advisor who manages my account. I received an 82% return last year and will see where it goes this year.
45% of Americans do not invest in the stock market because of lack of guidance. Every year you don't invest, you are falling behind. I’m hitting numbers in the stock market I used to dream of… Going from $50k to $600k in my portfolio is surreal all thanks to insights from my financial advisor.
Carol Vivian Constable is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
Great episode and I'm a big Scott fan. FYI for those youngsters watching suffering from severe acne, know that Accutane has RUINED many lives as well. With a whole host of side effects including suicidal thoughts resulting in the act, and depression. I'm glad my parents and I decided not to put me on it when I was a teen, and I eventually cured my acne naturally!
Cure your gut, the rest will follow. If you have acne then you have problems internally. No sugar, no alcohol, homemade yogurt of various strains, and certain liver supplements all help. Glad you fixed it.
@@drumbassclassics953Sam said this before. He sold some portion of his stock but kept a lot. He's probably worth like 30-75, call it 50. Then again, now he has Hampton so even more
As someone who doesn’t know from month-to-month if I’ll be able to pay my $1250 rent for my tiny carriage house in Atlanta, it makes me nauseous to hear someone like Scott Galloway say that he is anxious about his money and that he wants to make so much more of it. Scott, if you need to make a bunch more money and you’re looking for places to give it away, I could really use freaking help.
Weight loss side effect from Semaglutide is due to delayed stomach emptying. It does not change anything else in brain that affects substance abuse or anxiety. Just a correlation... However, thyroid cancer, pancreatitis and deaths from gastroenteritis are there. Plus it is lifelong therapy in case of weight loss.
The fact that these multi-millionaires are not completely happy with what they have and their lifestyle is indicative of much deeper problems than just money
Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly😊
The market is volatile at this time, hence i will suggest you get yourself a financial-advisor that can provide you with entry and exit points on the shares/ETF you focus on.
Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $508k in just the past two quarters. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choi
that's impressive!, I could really use the expertise of this advisors , my portfolio has been down bad....who’s your financial advisor or coach, do you mind hooking me up?
I've actually been thinking of reaching a portfolio-adviser, my 401k and stocks been losing everything it's gained since 2019, mind if I looked-up this one coach you use?
Honestly, How can I be part of this project I earnestly hope to build a strong financial future I'm interested to take part, who's the person behind your success?
I like the fact that he’s telling the truth. You listen to some guys and the way they talk you think everything they touch is profitable & turns to gold
The stock market is a way to protect against inflation. Particularly in the midst of a recession, investors must understand where and how to allocate funds to protect against inflation and still make profits.
In my opinion, the impact of the rise or fall of the US dollar on investments is multifaceted, but learning how to grow your money has never been easier than now that you can passively explore and experience a truly diverse market by using an advisor. director portfolio.
It's such a sad way to live. Hoarding millions and never having inner peace. The universe is telling you to go and help people, but you're still hiding in the corner like a wounded animal holding onto your power in currency.
He talked about donating huge sums of money as he rebuilds a sustainable growth model. If you don’t have money to give, then all you have is your time. If you’re not spending 10% of your week (relative to a capital investment strategy) donating your time to charity, you’re in danger of hypocritical thinking.
Completely agree on the diabetes investments. This is probably one of the bigger opportunities over the next 10 yrs. I’ve got shares in GLUC and keep loading up
Sam, you need to try financial hypnotherapy. Thank you for this episode it is my new spokesperson. This is everything I’ve been talking about for 20 years. Money mentality is different than money mindset. Money is the number 1 cause of stress so it’s going to affect health. Fix the money problem and you fix the health problem. For $500 a month you can asynchronistically work with a therapist that specializes in financial therapy to remove the distractions. I love this episode. It gives me hope to keep talking about this topic until I become the premier financial hypnotherapist. Thank you! 🎉👏🏽👏🏽👏🏽💪🏽
Tell me more@@pronoia. I'm not sure I understand what you are saying. What kind of treatments do you do? Why couldn't you partner with a financial hypnotherapist to create a win/win/win for you, the hypnotherapist, and the client? Do you see that possibility?
@@goodrichpeople I imagine going to hypnotherapists and walking out thinking I need a new saatva mattress to get a better night sleep using the promo code imbedded in my mind. Given the chance I'd buy ad space for direct to consumer beef marketing. It would help combat the marketing of unhealthy convenience food.
You are so on point about bot farms and Putin, this is what Russia does all the time to someone who goes against their agenda, I was very impressed to hear this
My major takeaways were that Scott is more bullish on a drug he’s never tried than ai and he thinks that working class people should find private loans to buy a small business and rich educated privileged people should take the “underrated” traditional corporate career path afforded by their luxury educations. Groundbreaking stuff here
For GLP1 to have a real impact on fast food stocks it would need to be prescribed to the majority of people that are eating at fast food places - generally people that can’t afford that prescription price. Unless semaglutide gets much cheaper I don’t see how it could impact fast food stocks much.
Addiction is proven to get better results from money just as much as medication and so much better than abstinence and treatment for months when you're not able to do treatment because you have no motivation or money to live and build community support or waste time and money looking for help or side hustle. We are doing it. Sobercoin and AI coaching and contingency management therapy and less inpatient relapse costs
A comment on the affordability of the GLP-1s I'm a pharmacist in San Diego and A LOT of people are getting them for free if they have medi-cal (those who live fall below the "poverty"limit) so it looks like this stuff is going out to the rich and the poor, concerns with long term SE (affecting the thyroid and pancreas as someone mentioned) are important though and let's pray it doesn't turn out like the opioid crisis in 10 years, albeit GLP-1s have waaaay more advantages than opioids. P.S. next time get your vaccine at Rite Aid Sam 😉less of a wait time, great show can't keep up with them!
If you worship money, you'll never have enough. If you worship beauty, you'll never have enough. same with power. BTW, not an original thought on my part.
This is why he is successful. He isnt interested in just sitting around on his pile of money. He enjoys what hes doing. You dont amass that kind of wealth and just stop caring about money.
Been on it for 10 months and took a 4 month break after the 7th month. I didn’t gain the weight back. But I did have to work hard at not picking up the carbs again. Went back on it and have not had any side effects. It works for some and not for others. Just like any other drug.
Troll farms by foreign govt exist, the've been reported on multiple times by multiple publications AND just about anyone working in IT in a third world country has met someone who works in a govt troll farm. So yes its a thing.
I love that Galloway touched on Ukraine and the bots. It is 100% true. I seen the bots and trolls at work. Ukraine is about freedom nothing more and nothing less. We must support freedom for the world by supporting Ukraine.
Ukraine is the most corrupt country in Europe. All official sources agree. The money the US sends is all bring picketed by oligarchs. The defenses to be built against Russian attacks were not built, and the defense contractors are fake companies. When Russian soldiers showed up, there was nothing there defense wise, and the Russians walked right in. Zelenskyy purchased the home/castle that King Charles raised his sons in! He has like 15 castles now, all over the world. Wake up.
If Sam Parr has more than 10% of your investable assets in HUBS or ABNB then selling down is the the CFP advice for diversification and risk management. But you know the industry and can have special insights, which allows flexibility to the rule.
The answer on Corporate US Healthcare and AI... Palantir (PLTR), they're already occupying 16% of the US Healthcare market with their data needs to overhaul their decision making systems.
I live paycheck to paycheck on a bi-weekly schedule making 1800 a paycheck. Anyone with 20 plus million and thinks they're insecure is an insult to the rest of us who are literally a trip and fall or a fever away from disaster.
Great interview and great insight into finding small businesses to own/run - my sister was a bookkeeper/office manager and specialized in working for older, about to retire small business owners that were transitioning their businesses onto their kids!
Completely missed out why people eat Arbies and fast food. Not everybody is rich and has a super clean diet. Poor people eat cheap food to feed their families and if they’re busy working they’ll do quick stuff instead of cooking.
It’s not about the health care, well that’s only a portion of it. The us government has turned the cheek to the food industry and allowed most Americans to be reliant on big pharma….. the sugar and diet are the problem, yet the lobbying isn’t going to change that….
27:40 - If you have an eating problem (like me) try Phentermine instead of Ozempic. It's an appetite suppressant. I lost 20 pounds in 3 months without exercise, just by eating less during the day while at my desk job. Also, it's super cheap. A month's prescription costs a whopping $9, and I only take a half dose.
Phentermine made a friends hair fall out. Phentermine did not suppress my appetite. However, my adderall suppresses my appetite more than phentermine ever did. Ozempic and my prescribed adderall have helped me shed 30 lbs slowly and work for me.
Galloway is the like the Science TDS version of Sam Harris TDS sufferer. Yet Galloway is probably spot on about peak AI. There are plenty of bandwagon investing "hot new things" in tech. This is like the 4th or 5th round of AI hotness. Do you use Alexa for lights in your house? People think AI will drive tractor trailers without humans. mark my words. It won't happen on a widespread basis until private car ownership is nonexistent because of assignment of liability.
@@sv650riderGalloway also has PDS. His whole take on putin and Ukraine is wrong. His take on the EU and nato is wrong. Both are swirling the drain. So is America, and Scott is oblivious. He's actually just a typical Ameritard in most ways. I don't know his opinion on Palestine, but he's probably a zionist too....
That's after I onboard everyone that already is paying $50k a month for nothing. California passed the law and Florida and Pennsylvania and Arizona are allowing us to get into using AI and NFT and rewards cash and incentives
Without a doubt, healthcare is ripe for opportunity given how inefficient is. The challenge is: those on the inside are rule followers (take this pill, follow this protocol, listen to this guideline), which is valid to save lives, but it can be hard for those on the outside to break into this space because there's just so much red tape. And red tape behind that red tape. And red tape behind that.
He is so off on healthcare. US healthcare is expensive because per capita income is high so just like everything else it cost more and also consumption of health care is high because people are unhealthy. Changing people to have healthy food and habit is hard because it’s culture and the way society operates.
Why should taxes be based on a percentage of earnings, rather than a set amount that all citizens pay? Just imagine how many fewer illegitimate children and moochers that won’t work there would be if it cost a flat $5,000 annual tax for every man woman and child. Why do we reward sloth and punish enterprise?
Gas stations make the bulk of their money off of selling sweet and salty snacks. Wouldn't it be more prudent to open up a snack shop and not have to deal with the pollution and cancer risks of gasoline?
What are the Chances of Scale, 2 small businesses, in the State of Utah. I've been Selling for 4 years, it's a Solid Opportunity and I'm having a Fun, helping others. How might I Grow this, to the Next Level? It's been Phenomenal, yet I know & see that this would be even better Opportunity. What are the Chances of getting Some Solid feedback and Learning to Grow this even More? For the Next 20 to 30 years?
I'm an aspiring trader who would rather learn from other traders' experience than investing in the market myself, in anticipation of the next bull run. What are your thoughts on copy trading as well? Do individuals actually earn a living? Just trying to get some reassurance. I want to have a healthy portfolio worth at least $850,000. Reliable inputs please.
The strategies are quite rigorous for the regular. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.
I’d suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $130k in passive diversified safe-haven assets, Up 358k so far and pretty sure I'm ready for whatever comes.
Talking about advisors, do u consider anyone worthy of recommendations? I have about 100k to taste the water now that large cap stocks are at a discount... Thanks.
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Rebecca Nassar Dunne’” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
My friend worked in a gas station for 5 years instead of going to college. Some of our friends said he had no ambition while they studied to be engineers, architects and medical professionals. His boss and him bought a run-down Philips66, which he bought out from his old boss.
Last year, he made $450k on sales of $3.2 million.
So you are saying his gas station averaged $365 an hour in sales for 24 hours a day for a year? Right...
@@luisdetomaso867yeah… someone needs to do the math.
@@luisdetomaso867 My uncle built a truck stop next to the interstate back when I was a kid and he made way more than that for years. When semi trucks are involved, your getting several hundred dollars per truck, per pump, non stop almost 24 hours a day. Not to mention the income from all the high priced junk food inside, cigerettes, etc... It all adds up when you have a high volume location.
@@luisdetomaso867 have you bought gas the last 3.5 years?
it takes about 2 minutes to pump $100. It's really not hard to grasp the math on the gross.
@@luisdetomaso867 using your $365/hr number, my tank takes $70 to fill, so that's only 5-6 fills per hour, one fill every 10-12 minutes... not impossible.
Successful investing is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.
Government policy has thrown the future under the bus for decades. The day of judgment is near. I predict an 80% drop in the stock market. Investors will abandon stocks in favor of real estate. There will be no money in banks... You must devise a strategy for survival.
I agree. I have pulled in more than $735k since 2020 through my advisor. It pays off more in the long run to just pick quality stocks and ride with those stocks.
@@mikegarvey17Could you possibly recommend a CFA you've consulted with?
GERTRUDE MARGARET QUINTO maintains an online presence. Just make a simple search for her name online.
My CFA ’Gertrude Margaret Quinto’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
Healthcare in USA will never be "fixed."It's not "broken" for insurance companies.It's not "broken" for pharmacy management companies. It's not "broken" for pharmaceutical companies. It's only broken for citizens and we are not corporate financial entities so we do not count. Until our democracy is fixed (which will never happen) healthcare can never change.
US health care can't be fixed when the majority of citizens are obese.
You are absolutely correct with your comment aside from your closing sentence, you suggested a prerequisite to fixing American healthcare is fixing our democracy. With respect I must say , we need to fix our Republic which is the system we have in the USA. A democratic republic is not at all the same as a democracy.
I don’t mean to split hairs over the difference between mere words but it’s far too often even very intelligent people are lost on this concept that we have a republic that has democratic values within it. Athens of ancient times is an example of a democracy where every male over 18 has voting power. For anyone who cares you’ll know better than I’m able to explain it by searching the differences between democracy and a republic
The issue with Tech in Healthcare is that because medical people don't understand tech and tech people don't understand the medical field, it takes a lot of mutual understanding and consultation to even discover a problem that can be solved with technology let alone AI. Many health-tech startups don't solve large enough problems to truly succeed.
1000s of people understand healthcare
science advances 1 death at a time. the younger people are more accepting
To many, Scott is "In your face" - Brutally honest. Stoic with a strong sense of conviction. Honest self evaluation. Basically, every element of becoming a man from Rudyard Kipling's IF.
Blessed with the voice & articulation that talks to our soul. Thank you, Scott. 🙏🏼👍💕
First 15 minutes: Rich people (Scott and Sam) crying about not having enough money and Shaan (also rich) trying to understand them - LOL! 😂
Sh!ts wild 😂
Haha we’re awful. Roasting them while their being all vulnerable.
Jokes aside, this is a great podcast. It’s ranked as one of my top two favorite podcasts for a little over a year.
Crying? They explain that a sense of insecurity is a driver for their success and that’s your take. Lol
@@MrLuigiFercotti Yeah, it’s poor people thinking. I know, because it’s the first place my mind went. I just recognize that I have been indoctrinated into negativity, we have to fight against that scarcity mindset.
I'm a pharmacist and dabbling in AI/healthcare is incredibly difficult. But I agree, if you can tap in 0.01% of the space the dividends will pay off immensely
I'm already doing the AI coaching and NFT and merchandise with programs
"greatness is in the agency of others", a succinct, golden nugget!
Warren Buffett underscores the vital importance of understanding compounding and adopting a long-term perspective for financial success, as leveraging the compounding effect and maintaining a extended investment horizon enable individuals to accumulate substantial wealth through patience and strategic planning.
Navigating the complexities of investing can be challenging for newcomers, but by staying informed through analysis of financial news, market trends, and expert perspectives, I aim to offer valuable guidance and help individuals make well-informed investment decisions, emphasizing the importance of seeking advice from financial professionals and conducting thorough research.
Certainly not, as I've closely tracked the performance of my portfolio, witnessing an impressive surge of $433k in just the last two quarters. This experience has illuminated the reasons behind the substantial gains that seasoned traders often achieve in the seemingly unpredictable market. I must emphasize that embracing this path has been one of the most audacious choices I've made in recent times.
*@kristenpierce8661* Kindly share the details for reaching your advisor. With inflation negatively affecting my funds, I'm in search of a more lucrative investment strategy to optimize their performance.
"Camille Alicia Garcia" is my portfolio-coach, I found her on Bloomberg where she was featured, I googled her name on the internet. Fortunately I came across her website and reached out. You can go verify yourself.
I checked Camille up out of curiosity and i must say i am impressed by her Credentials. i emailed her already, waiting on her response.
My net worth is a lot less than theirs and I’m retired since 41 and have zero anxiety about money. That can’t be healthy to have a 9 figure NW and still have money anxiety.
You are correct. It is an addiction they refuse to fess up to, that being said I am the exact same way (not in networth though hahahha, but in addictive personalities)
Out of curiosity from someone your age, what did you invest in?
@@masztaarc equities. Was mainly a combo of high paying job and high savings rate / managing lifestyle inflation
I think some people just stress out about money even when they have a decent income. I have the same issue but I don't see it as an addiction but as a constant state of fear that I'm going to be broke again tomorrow over whatever reason. It's such a weird feeling and no one in my family is like that. I'm not sure where it comes from but I've always had that issue since I was in my early 20s. Sometimes it's so bad I can't sleep but again it's more fear based vs. a greed thing. But everyone is different so maybe for others it's greed based.
@@irhapsody2010 did you grow up poor?
Great video, I've been interested in investing ever since I came across articles of people making up to $150,000 and more in this period, thanks for the video but is it really possible for a retail investor to achieve this in months?
I've purchased numerous stocks in individual firms. Because there are so many stocks that will skyrocket in the long run, it is currently safe to buy in on ETF and ride it out. Due to fud, I sold out early, but then retraced my ways and re-invested $350,000 with a financial advisor who manages my account. I received an 82% return last year and will see where it goes this year.
45% of Americans do not invest in the stock market because of lack of guidance. Every year you don't invest, you are falling behind. I’m hitting numbers in the stock market I used to dream of… Going from $50k to $600k in my portfolio is surreal all thanks to insights from my financial advisor.
please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with them?
Carol Vivian Constable is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
Thanks for sharing, I just liquidated some of my funds to invest in the stock market, I will need every help I can get.
Great episode and I'm a big Scott fan. FYI for those youngsters watching suffering from severe acne, know that Accutane has RUINED many lives as well. With a whole host of side effects including suicidal thoughts resulting in the act, and depression. I'm glad my parents and I decided not to put me on it when I was a teen, and I eventually cured my acne naturally!
Cure your gut, the rest will follow. If you have acne then you have problems internally. No sugar, no alcohol, homemade yogurt of various strains, and certain liver supplements all help. Glad you fixed it.
For me or worked wonders, however in hindsight I would have preferred to try keto first and other holistic medical alternatives
@@burmy1552 no dairy, no gluten
Sam finally reveals how much he made from the acquisition. Although he's always hinted at 10s of millions
Very Impressive number super interesting to finally know it hahaha
Didn’t the Hubspot stock he took triple in value? I had in my mind his net worth was circa $75m.
@@justins2397he edged us
@@drumbassclassics953Sam said this before. He sold some portion of his stock but kept a lot. He's probably worth like 30-75, call it 50.
Then again, now he has Hampton so even more
Can't believe it took 3 years for a guest to get him to say it haha
As someone who doesn’t know from month-to-month if I’ll be able to pay my $1250 rent for my tiny carriage house in Atlanta, it makes me nauseous to hear someone like Scott Galloway say that he is anxious about his money and that he wants to make so much more of it. Scott, if you need to make a bunch more money and you’re looking for places to give it away, I could really use freaking help.
He can lead you to water but you need to drink…figure it out
@@carieyounginsurance I bring so much joy and value to this world. You have no idea who you’re talking to.
@barbcarbon9440 what do you do ?
Off to church! Be blessed and not stressed
Weight loss side effect from Semaglutide is due to delayed stomach emptying. It does not change anything else in brain that affects substance abuse or anxiety. Just a correlation... However, thyroid cancer, pancreatitis and deaths from gastroenteritis are there. Plus it is lifelong therapy in case of weight loss.
Prof G’s recent speech at Summit was excellent 🙌
The fact that these multi-millionaires are not completely happy with what they have and their lifestyle is indicative of much deeper problems than just money
not really….its just comparison…if you have $20MM, you have a lot of friends with $100MM so you don’t feel rich
Peoples insecurities provide fuel for any number of occupations and interests. But be successful you still have to enjoy it and want to do it.
@@mineraltI think you just made his point.
@@dont_hit_trees “deep problem” is very different from “common human situation”
there’s only 58 million millionaires out of 8 billion
Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly😊
The market is volatile at this time, hence i will suggest you get yourself a financial-advisor that can provide you with entry and exit points on the shares/ETF you focus on.
Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $508k in just the past two quarters. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choi
that's impressive!, I could really use the expertise of this advisors , my portfolio has been down bad....who’s your financial advisor or coach, do you mind hooking me up?
I've actually been thinking of reaching a portfolio-adviser, my 401k and stocks been losing everything it's gained since 2019, mind if I looked-up this one coach you use?
Honestly, How can I be part of this project I earnestly hope to build a strong financial future I'm interested to take part, who's the person behind your success?
Great interview! Scott always has great insights and I love how he articulates his thoughts.
How would that sound on a Tele?
34:00 Accutane changed my life, too. There’s a lot of fear mongering about that drug, but for me it was completely worth it.
I like the fact that he’s telling the truth. You listen to some guys and the way they talk you think everything they touch is profitable & turns to gold
Best way for you guys to get over $ anxiety is to compare yourself to the average person making $75k a year. and you have 266x more than that.
The stock market is a way to protect against inflation. Particularly in the midst of a recession, investors must understand where and how to allocate funds to protect against inflation and still make profits.
In my opinion, the impact of the rise or fall of the US dollar on investments is multifaceted, but learning how to grow your money has never been easier than now that you can passively explore and experience a truly diverse market by using an advisor. director portfolio.
It's such a sad way to live. Hoarding millions and never having inner peace. The universe is telling you to go and help people, but you're still hiding in the corner like a wounded animal holding onto your power in currency.
Huh?
Endless striving is endless striving.
He talked about donating huge sums of money as he rebuilds a sustainable growth model. If you don’t have money to give, then all you have is your time. If you’re not spending 10% of your week (relative to a capital investment strategy) donating your time to charity, you’re in danger of hypocritical thinking.
Why are you on this site?
Completely agree on the diabetes investments. This is probably one of the bigger opportunities over the next 10 yrs. I’ve got shares in GLUC and keep loading up
Sam, you need to try financial hypnotherapy.
Thank you for this episode it is my new spokesperson. This is everything I’ve been talking about for 20 years. Money mentality is different than money mindset.
Money is the number 1 cause of stress so it’s going to affect health. Fix the money problem and you fix the health problem.
For $500 a month you can asynchronistically work with a therapist that specializes in financial therapy to remove the distractions.
I love this episode. It gives me hope to keep talking about this topic until I become the premier financial hypnotherapist.
Thank you!
🎉👏🏽👏🏽👏🏽💪🏽
I fear a financial hypnotherapists will sell ad space in my treatments
Tell me more@@pronoia. I'm not sure I understand what you are saying. What kind of treatments do you do? Why couldn't you partner with a financial hypnotherapist to create a win/win/win for you, the hypnotherapist, and the client? Do you see that possibility?
@@goodrichpeople I imagine going to hypnotherapists and walking out thinking I need a new saatva mattress to get a better night sleep using the promo code imbedded in my mind. Given the chance I'd buy ad space for direct to consumer beef marketing. It would help combat the marketing of unhealthy convenience food.
You are so on point about bot farms and Putin, this is what Russia does all the time to someone who goes against their agenda, I was very impressed to hear this
22:58 Healthcare expensive not because what it actually costs, but because the unholy alliance of providers+insurers+government
My major takeaways were that Scott is more bullish on a drug he’s never tried than ai and he thinks that working class people should find private loans to buy a small business and rich educated privileged people should take the “underrated” traditional corporate career path afforded by their luxury educations. Groundbreaking stuff here
That's why Prof G Kicks axx.
Saving this
Embedded ads, REALLY? Do you not know why people PAY MONEY to RUclips Premium? The only reason is not to have ads. This has got to go, now.
Anothrr perk of idiotic capitalism
Love the honesty of these guys.
For GLP1 to have a real impact on fast food stocks it would need to be prescribed to the majority of people that are eating at fast food places - generally people that can’t afford that prescription price.
Unless semaglutide gets much cheaper I don’t see how it could impact fast food stocks much.
I prefer a drug called self-control. It's dead cheap.
Data says we get stock picks wrong 65% of the time. That’s why you have to know how to move through the markets.
Addiction is proven to get better results from money just as much as medication and so much better than abstinence and treatment for months when you're not able to do treatment because you have no motivation or money to live and build community support or waste time and money looking for help or side hustle. We are doing it. Sobercoin and AI coaching and contingency management therapy and less inpatient relapse costs
I love that Scott sees beyond the veil of innocence to the evil that exists.
It is what we’ve been eating for the last hundred years unsaturated fat from seed oils we quit eating lard butter and tallow, and it’s killing us
A comment on the affordability of the GLP-1s I'm a pharmacist in San Diego and A LOT of people are getting them for free if they have medi-cal (those who live fall below the "poverty"limit) so it looks like this stuff is going out to the rich and the poor, concerns with long term SE (affecting the thyroid and pancreas as someone mentioned) are important though and let's pray it doesn't turn out like the opioid crisis in 10 years, albeit GLP-1s have waaaay more advantages than opioids. P.S. next time get your vaccine at Rite Aid Sam 😉less of a wait time, great show can't keep up with them!
The only problem with this episode is that it was too short 😂😂
Yeah i dont get the hard cut off
You are hard to peg and have beautiful language. The joys of Sam Parr compliments.
I'm a simple man.
Well played
VIRTUE SIGNAL insecurity😂 Shaan nailed it
One of the BEST MFM Episode’s of ALL TIME!!Yall hardly ever miss.💯💯👍🏽🎉
If you worship money, you'll never have enough. If you worship beauty, you'll never have enough. same with power. BTW, not an original thought on my part.
My pop was taking Medforman. It i
was bad for his kidneys long term so he went back to insulin.
LOL AI is not overhyped. It's under-hyped. The internet is nothing. AI is everything - literally.
First time discovering your channel. Excellent discussion.
The three business opportunities question starts at 16:20
This is why he is successful.
He isnt interested in just sitting around on his pile of money. He enjoys what hes doing.
You dont amass that kind of wealth and just stop caring about money.
I’m finally not anxious about $
Feeling very blessed
For those who watched the full video, what were the 3 opportunities?
Thank you, Professor Galloway, for supporting Ukraine. I became a big fan of you.
To everyone in the comments; don't assume you know what it's like until you've experienced it.
The key to my failure is...rejection.
I like what says. The US tolerates failure because it's through failure that success is reached and many times in areas other than the one intended.
Awesome interview, Scott is the best 😊
Scott Galloway for Prez !
Ozempic is a timebomb
Yup!
For bad health or returned weight gain?
Side effects and mental health @@johnpe5533
Dangerous side effects.
Been on it for 10 months and took a 4 month break after the 7th month. I didn’t gain the weight back. But I did have to work hard at not picking up the carbs again. Went back on it and have not had any side effects. It works for some and not for others. Just like any other drug.
how much is your HubSpot deal worth? ballpark range?
Semaglutide as a peptide is SIGNIFICANTLY less expensive. This is where our focus should be.
Troll farms by foreign govt exist, the've been reported on multiple times by multiple publications AND just about anyone working in IT in a third world country has met someone who works in a govt troll farm. So yes its a thing.
Fascinating perspective!
I love that Galloway touched on Ukraine and the bots. It is 100% true. I seen the bots and trolls at work. Ukraine is about freedom nothing more and nothing less. We must support freedom for the world by supporting Ukraine.
Ukraine is the most corrupt country in Europe. All official sources agree. The money the US sends is all bring picketed by oligarchs. The defenses to be built against Russian attacks were not built, and the defense contractors are fake companies. When Russian soldiers showed up, there was nothing there defense wise, and the Russians walked right in. Zelenskyy purchased the home/castle that King Charles raised his sons in! He has like 15 castles now, all over the world. Wake up.
AI will require MASSIVE energy: 30x+ our grid capacity
If Sam Parr has more than 10% of your investable assets in HUBS or ABNB then selling down is the the CFP advice for diversification and risk management. But you know the industry and can have special insights, which allows flexibility to the rule.
Im 24, under contract for a 1.7M revenue CPA firm. Going to build a hold co of "boring businesses" Calling my shot now MFM :P
I'm here for this!!💪🏾
Pumped for this!
Would love to see more Prof G on this podcast
Great episode!
The answer on Corporate US Healthcare and AI... Palantir (PLTR), they're already occupying 16% of the US Healthcare market with their data needs to overhaul their decision making systems.
⚠ LISTENER TIP! BIG BOY THINKING🚨 Listen to the pod at 1.25x speed lol 😂 Shaan & especially Sam sound so much smarter!
Thanks!😂
I live paycheck to paycheck on a bi-weekly schedule making 1800 a paycheck. Anyone with 20 plus million and thinks they're insecure is an insult to the rest of us who are literally a trip and fall or a fever away from disaster.
Crossover of the century, lets go! 🔥
Thank you for using the intro you use, not the old one...
Great interview and great insight into finding small businesses to own/run - my sister was a bookkeeper/office manager and specialized in working for older, about to retire small business owners that were transitioning their businesses onto their kids!
I don't know about Neurosis but greed definitely comes to mind
that drug is going to be a major problem later
Completely missed out why people eat Arbies and fast food. Not everybody is rich and has a super clean diet. Poor people eat cheap food to feed their families and if they’re busy working they’ll do quick stuff instead of cooking.
With that much money, put 5mill in a high yield and let it grow. If your business goes under, change your lifestyle and live off the 5mill forever
this was a great one :)
DMSO is health, cheap, healing, and also reduces appetite.
My two favorite pods
We were not obese as a society before 1900 until we started using seed oils in our diets
Love this!
It’s not about the health care, well that’s only a portion of it. The us government has turned the cheek to the food industry and allowed most Americans to be reliant on big pharma….. the sugar and diet are the problem, yet the lobbying isn’t going to change that….
27:40 - If you have an eating problem (like me) try Phentermine instead of Ozempic. It's an appetite suppressant. I lost 20 pounds in 3 months without exercise, just by eating less during the day while at my desk job. Also, it's super cheap. A month's prescription costs a whopping $9, and I only take a half dose.
Phentermine made a friends hair fall out. Phentermine did not suppress my appetite. However, my adderall suppresses my appetite more than phentermine ever did. Ozempic and my prescribed adderall have helped me shed 30 lbs slowly and work for me.
Too much anxious energy from this guy hope he figures it out tho ❤️
Also it’s wild that he thinks we hit peak AI in October 😅
Galloway is the like the Science TDS version of Sam Harris TDS sufferer. Yet Galloway is probably spot on about peak AI. There are plenty of bandwagon investing "hot new things" in tech. This is like the 4th or 5th round of AI hotness. Do you use Alexa for lights in your house? People think AI will drive tractor trailers without humans. mark my words. It won't happen on a widespread basis until private car ownership is nonexistent because of assignment of liability.
@@sv650riderGalloway also has PDS. His whole take on putin and Ukraine is wrong. His take on the EU and nato is wrong. Both are swirling the drain. So is America, and Scott is oblivious. He's actually just a typical Ameritard in most ways. I don't know his opinion on Palestine, but he's probably a zionist too....
That's after I onboard everyone that already is paying $50k a month for nothing. California passed the law and Florida and Pennsylvania and Arizona are allowing us to get into using AI and NFT and rewards cash and incentives
Great pod! Scott, do you actually have clinical depression? If the depression is mainly related to the hustle, Is being a centi-millionaire worth it?
He just needs some whole food seed based smoothies 👩🍳
AI told me to get rid of corn oil, palm oil, sesame seed oil
Great talk
Without a doubt, healthcare is ripe for opportunity given how inefficient is. The challenge is: those on the inside are rule followers (take this pill, follow this protocol, listen to this guideline), which is valid to save lives, but it can be hard for those on the outside to break into this space because there's just so much red tape. And red tape behind that red tape. And red tape behind that.
Private corporations have just as much red tape as public institutions.
He is so off on healthcare. US healthcare is expensive because per capita income is high so just like everything else it cost more and also consumption of health care is high because people are unhealthy. Changing people to have healthy food and habit is hard because it’s culture and the way society operates.
Why should taxes be based on a percentage of earnings, rather than a set amount that all citizens pay?
Just imagine how many fewer illegitimate children and moochers that won’t work there would be if it cost
a flat $5,000 annual tax for every man woman and child.
Why do we reward sloth and punish enterprise?
PURPOSE! The only way to happinesd
So what is the best way to reach a million by 20
Gas stations make the bulk of their money off of selling sweet and salty snacks.
Wouldn't it be more prudent to open up a snack shop and not have to deal with the pollution and cancer risks of gasoline?
What are the Chances of Scale, 2 small businesses, in the State of Utah. I've been Selling for 4 years, it's a Solid Opportunity and I'm having a Fun, helping others. How might I Grow this, to the Next Level?
It's been Phenomenal, yet I know & see that this would be even better Opportunity. What are the Chances of getting Some Solid feedback and Learning to Grow this even More? For the Next 20 to 30 years?
People on Ozempic drink and eat less because they are nauseous all the time.. not the cure all its made out to be.