4.8 • 1.9K Ratings
🗓️ 20 April 2021
⏱️ 32 minutes
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0:00.0 | What's up, everyone? This is Anthony Pompliano. Most of you know me as Pomp. You're listening to the Pomp podcast, simply the best podcast out there. Let's kick this thing off. |
0:09.5 | Today is a special episode of the podcast. I've recorded the latest shareholder letter from Jeff Bezos. I want you to pay special attention to this last letter as CEO of Amazon before he transitions to becoming the chairman. |
0:22.8 | I want you to pay attention to how he breaks down the business, where he talks about how he |
0:28.3 | wants to commit better service to his employees, and also his comments and thoughts at the end of the |
0:34.2 | letter around originality. The originality comments specifically spoke to me, and I think that they're a great lesson |
0:40.2 | for everyone. |
0:41.1 | So I've recorded this letter so that you can simply sit back and listen. |
0:45.4 | Before we get into the episode, though, I want to quickly talk about our sponsors. |
0:49.2 | First up is MasterWorks. |
0:51.6 | The Fed has committed to printing $120 billion every month and over $2.9 trillion |
0:56.4 | in the next two years. If you add in the $1.9 trillion of fiscal stimulus and a $2 trillion |
1:02.4 | infrastructure program, many investors are looking to protect their portfolio from inflation by |
1:07.7 | investing in real tangible assets like art. But unless you have $10 million to buy an entire Picasso yourself, |
1:14.8 | the barriers to entry for this asset class have been too high until now. |
1:20.1 | Introducing masterworks.io, an exclusive community of art investors |
1:24.6 | who are looking to take advantage of this historically inefficient market. |
1:28.9 | Masterworks.io lets you invest in paintings by artists like Banksy, Cows, and Warhol at a fraction of |
1:35.4 | the entry price. From 1995 to 2020, contemporary art prices outperformed the SMP 500 by 172%. |
1:44.2 | And it had a lower loss rate than gold and only virtually no correlation to equities. |
1:50.3 | You can head over to masterworks.io and skip the 15,000 person wait list today with promo code pomp. |
1:57.4 | Again, masterworks.io and use promo code pompomp to skip the 15,000 person waitlist. |
2:03.9 | Masterworks.com. Go check it out. Next up is Public Rec. Their pitch is really simple. They make the |
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