Inside America's Only Bank for Nuclear Energy — ft. Jigar Shah

Prof G Markets

Vox Media Podcast Network

Entrepreneurship, Investing, Business

4.6 • 722 Ratings

🗓️ 21 November 2024

⏱️ 57 minutes

🔗️ Recording | iTunes | RSS

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Summary

Scott and Ed open the show by discussing how Netflix’s stock reacted to the Paul vs Tyson fight, Trump’s plan to ease restrictions on autonomous vehicles, and how pharmaceutical stocks reacted to RFK Jr.’s nomination to Trump’s cabinet. Then Jigar Shah, director of the Loan Programs Office at the Department of Energy, joins the show to discuss what’s driving the strategy at the DOE and how he handles the office’s $400 billion loan authority. He shares why people are choosing clean energy over natural gas (hint: it’s not just about climate change) and explains why diversification is the key to reliable energy. Finally, he breaks down what he thinks the DOE will look like under the Trump administration. Order "The Algebra of Wealth," out now Subscribe to No Mercy / No Malice Follow the podcast across socials @profgpod: Instagram Threads X Reddit Follow Scott on Instagram Follow Ed on Instagram and X Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	If you think talking about finances in general is hard, try talking to your parents about money.
0:07.0	What you don't want to do is like, do you have any money, what's going on?
0:11.0	You don't want to come at them in a more adversarial way.
0:15.0	Or, as I said, you don't want to come out like you're now the parent.
0:19.0	What to do about the ups and downs of your 401k?
0:22.5	If you or someone you care about plans to retire soon, that's on the next explain it to me.
0:28.4	New episodes every Sunday morning. Today's number. 0.13%. That's Chick-fil-A's acceptance rate for new franchise each year. In other
0:39.9	words, Chick-fil-A has a lower acceptance rate than Stanford, Google, and the Secret Service.
0:45.4	Speaking of school, I got the best blowjob of my life in junior high school. I love being a teacher.
0:54.6	That has almost nothing to do with Chick-fil-A.
0:57.1	I couldn't find a Chick-fil-A joke, Ed.
1:10.0	Ed, how are you? Now it's time for banter between me and you. What's going on?
1:14.8	I'm very well, Scott. How's Mexico?
1:16.7	It's wonderful. The light's beautiful. I love the food here. I think I could live in Mexico.
1:21.6	I'm not sure everything is like a six-star resort in Cabo in Mexico, but I love Mexico. I think it's the best. I think Mexico is the best
1:31.7	place to vacation in the world. It looks very beautiful. Your background. I'm jealous. One thing I
1:36.6	would love to get your reaction to, because we've been getting all these questions from our listeners.
1:40.6	Did you see your shout out on John Stewart? Oh, where he mocked me.
1:44.2	Yeah.
1:45.2	Social justice issues and take a back seat when your son is in the basement vaping and playing
1:50.5	video games and can't find a job.
1:57.0	I feel like that last guy was really venting more about his son.
	...

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