1433: Probability v Possibility. The Hard Truths About Racial Inequality with Rendel Solomon

So Money with Farnoosh Torabi

Farnoosh Torabi

Entrepreneurship, Business

4.7 • 1.9K Ratings

🗓️ 9 November 2022

⏱️ 31 minutes

🔗️ Recording | iTunes | RSS

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Summary

Rendel Solomon is a recovering engineer, reformed private equity investor, and an aspiring anti-capitalist, dedicated to spreading financial literacy and the importance of investing to Black youth in America. We discuss his upbringing, raised on the Westside of Chicago, and how his family, schooling and career in private equity led him to his work today focusing on addressing systemic pressures that hold Black Americans back from achieving wealth and career success. Be sure to watch Rendel's TEDx talk entitled "Sharecropper to Shareholder." Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Mailchimp would like to talk to you about customers.
0:03.6	A customer is what happens when marketers fail to personalise their marketing,
0:07.8	grouping customers with very different behaviours into one tangled mess.
0:11.8	But with Mailchimp, marketers can use real-time behaviour data to personalise every email for every customer.
0:18.2	So get Mailchimp and turn your customers into customers.
0:22.4	Into it Mailchimp, the number one email marketing and automation brand.
0:26.6	Based on customer numbers, per verification email, advertising at Mailchimp.com.
0:30.2	So money is brought to you by CNET, the site that shows how to navigate change all around us.
0:36.6	So money episode 1433, probability versus possibility.
0:41.2	A conversation with Rendell Solomon about the hard truths of racial inequality in America today.
0:47.6	You're listening to So Money, with award-winning money guru, Farnoosh Karabi.
0:52.2	Each day, in a 30-minute dose of financial inspiration from the world's top business minds,
0:57.4	authors, influencers and from Farnoosh yourself.
1:01.4	Looking for ways to save on gas or double your double coupons?
1:05.4	Sorry, you're in the wrong place.
1:07.4	Seeking profound ways to live a richer, happier life.
1:10.6	Welcome to So Money.
1:14.0	I get pulled over by the police and like every other black man in the United States.
1:20.4	There is a deep sense of fear and dread when those sirens come on behind you.
1:26.8	Because in that moment, I'm not Rendell Solomon.
1:30.8	The Columbia Business School graduate working in private equity with an engineering degree.
1:35.6	We went to one of the most prestigious prestigious high schools in Chicago, the Latin school.
	...

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