What $13 Billion in AUM Teaches About Wealth and Strategy | Mark Matson E479

The Rich Somers Report

Rich Somers

Investing, Business

5.0 • 1K Ratings

🗓️ 24 March 2026

⏱️ 61 minutes

🔗️ Recording | iTunes | RSS

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Summary

If you're an accredited investor interested in our Catalina deal, connect with us at somerscapital.com/invest Crypto, gambling, and why most people are losing the money game. In this episode of The Rich Somers Report, Rich sits down with Mark Matson—asset manager, bestselling author, and capital markets veteran managing billions—to break down what’s really going wrong with how this generation invests. They get into the dangers of “gamified” trading, why long-term investing is getting ignored,...

Transcript

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0:00.0	Even kids, even under 18 are gambling with crypto.
0:04.4	They're buying Bitcoin.
0:06.1	They're trading.
0:07.3	Very speculative.
0:08.6	Then they're getting on these.
0:09.6	They're not supposed to be on these gambling apps, but they're doing it anyway.
0:12.6	And then you have apps in your pocket like Robin Hood and other trading apps.
0:17.1	And so it starts to become gamified.
0:19.8	Well, the problem with gambling with your money is you tend to lose
0:22.2	it. And it's very expensive. So we have a whole generation, two generations, millennials and Gen Z
0:30.9	that don't know what long-term investing is. Welcome to the Rich Summers Report where we talk
0:37.2	real estate, business, and wealth building,
0:39.3	all while keeping it real.
0:40.6	No fluff, no BS.
0:42.3	I hope that you enjoy the show.
0:48.7	All right, guys, today we got a treat for you guys.
0:52.7	We got someone in the building who's managing $13 billion assets under management, been doing big things in the capital markets for decades now. I got my man Mark Mattson in the building. What's up, Mark? Hey, it's good to be with you. Yeah, man. Appreciate you coming on. And you got your book here, experiencing the American dream, which has been a bestseller, six-time national bestseller now, doing big things, living out in Scottsdale. And, man, you show me photos of this new property that you're developing in Scottsdale. You got a football field in your backyard. Oh, man, man. What made you come up with that? Yeah, well, we got two kids that live with us now.
1:29.8	We've got eight total.
1:30.9	Yeah.
1:31.3	Not even Catholic, just prolific.
1:34.7	Damn, eight kids.
1:35.8	Yeah.
	...

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