Is Nvidia in Trouble? + Government Seeded Investment Accounts For Kids — ft. Brad Gerstner

Prof G Markets

Vox Media Podcast Network

Entrepreneurship, Investing, Business

4.6 • 722 Ratings

🗓️ 5 September 2024

⏱️ 56 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Scott and Ed open the show by discussing the state of the US economy, how the markets reacted to Nvidia’s earnings, and OpenAI’s latest funding round. Then Brad Gerstner, founder, chair, and CEO of Altimeter Capital, joins the show to discuss why he’s not concerned about an AI bubble. He also shares the details behind his Invest America initiative and breaks down how he thinks setting up investment accounts from birth with government seeding can help address the wealth gap. Finally, he explains why he thinks people should be more optimistic about the future of America. 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	Last year, Amazon was the world's largest corporate buyer of renewable energy.
0:07.0	We need more and more of our energy comes from wind farms like this one.
0:14.0	Guys, what happened to recording at the solar farms?
0:18.0	To learn more, visit about amazon.com. recording Appasola Farm.
0:27.1	To learn more, visit about Amazon.com at UK forward slash sustainability.
0:34.4	Does it ever feel like you're a marketing professional just speaking into the void?
0:39.3	Well, with LinkedIn ads, you can know you're reaching the right decision makers. You can even target them by job title, industry, company, role, seniority, skills, company
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0:52.3	To get £100 of your first campaign, go to
0:55.1	LinkedIn.com slash lead to claim your credit. Terms and conditions apply. Today's number,
1:01.2	$87 billion. That's how much American college students spent on dorm room decor this year, almost
1:06.5	double what they spent a decade ago. Ed, true story. I went to a Catholic college, and when I was
1:12.4	there, one of the fathers slapped my ass, and the other came in and said, you should turn the other
1:16.9	cheek. I'm really scraping the bottle of the barrel here. I don't. Did you miss me? Did you miss me in August? I missed you. I did. I missed you a lot. Did you miss me? Yeah, I did. That's the real question. I enjoy the show and I miss this. I'm convinced this is like my crossword puzzle. I can hear the excitement in your voice.
1:45.3	It's going to keep me.
1:46.4	Well, it's, I'm supposed to take August off, but I learned that everyone else does as well.
1:51.0	I was putting together a deck on the podcast with Catherine Dillon and they're like, I said,
1:55.8	well, we're all the kids and they're like, no one's responding to any emails.
1:58.9	Words out. By the way, they call it Scott Free August.
	...

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