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The Prof G Pod with Scott Galloway

Prof G Markets: Will Tesla Reward Elon and Move to Texas? + Bank Earnings and Basel Endgame

The Prof G Pod with Scott Galloway

Vox Media Podcast Network

Business, Careers, Entrepreneurship

4.45.3K Ratings

🗓️ 22 April 2024

⏱️ 54 minutes

🧾️ Download transcript

Summary

Scott takes a look at Tesla’s new shareholder vote and speaks with Charles Elson, Founding Director of the Weinberg Center for Corporate Governance at the University of Delaware, about the original ruling on Elon’s pay package and whether the superstar CEO will get his way this time around. Then Scott and Ed break down the latest big bank earnings and discuss “Basel III endgame,” a proposal for stricter capital requirements at banks following last year’s banking crisis. Order "The Algebra of Wealth" out April 23rd Subscribe to No Mercy / No Malice Follow the podcast across socials @profgpod: Instagram Threads X Reddit Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Support for the show comes from Schwab.

0:03.0

With Schwab investing themes, it's easy to invest in ideas you believe in,

0:07.0

like online music and videos, artificial intelligence, electric vehicles, and more.

0:12.0

Schwab's research process

0:14.0

uncovers emerging trends.

0:15.0

Then their technology creates relevant stocks into themes.

0:18.0

Choose from over 40 themes,

0:20.0

by all the stocks in a theme as is or customize to better fit your investing

0:25.0

goals all in a few clicks. Schwab investing themes is not intended to be

0:29.4

investment advice or a recommendation of any stock or investment strategy.

0:34.0

Learn more at Schwab.com slash thematic investing.

0:39.0

Support for this podcast comes from public.

0:41.0

Before we start the show, I want to take a moment to talk about one of my sponsors, public. The account with no fees, subscriptions, or balance requirements.

0:52.8

5.1% interest on your cash straight up.

0:55.7

So full disclosure, I'm an investor in public.

0:58.3

They do not sell their order flow versus some of the other companies in the space and I think they're good guys.

1:04.0

This is a paid endorsement for public.com 5.1% annual percentage yield as of December 2023

1:10.0

and is subject to change. Full disclosures and terms and conditions can be found in the

1:14.0

podcast description high-yield cash accounts are available for US members only.

1:18.0

This week's number 8.3 million. That's how many people are on China's personal debt delinquency

1:24.3

blacklist, meaning they can't purchase luxury items such as high-speed train

1:27.9

tickets or nice hotel rooms. Ed, it's not true that China doesn't have free speech as no one says so ever. Get it add? A little geopolitical humor there. Yeah, it's a little geopolitical humor there.

...

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