Why The Rich Get Richer

Erika Taught Me

Erika Kullberg

Business, Entrepreneurship

4.8 • 2.3K Ratings

🗓️ 12 March 2024

⏱️ 77 minutes

🔗️ Recording | iTunes | RSS

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Summary

I’m running a 5 Day Investing Challenge, where you will learn how you can make your first $10,000 with investing! This is totally FREE to join. Go to http://erika.com/invest and you can secure your spot! #75: Gary Stevenson, the most profitable trader of Citibank in 2011, grew up in poverty but found a way to reach financial freedom. He is now dedicating his life to raising awareness about income inequality. You’ll also learn: • How he became the most profitable trader coming from a poor background • What you can do to help stopping the growth in income inequality • What wealthy people invest in vs what non-wealthy people invest in • Why the middle class will continue to own less Get Gary’s book ‘The Trading Game’ here: https://erika.com/the-trading-game Special thanks to our partners & sponsors: Hostinger: Use ERIKA10 to get 10% off a website and a free domain name at https://hostinger.com/erika10 BetterHelp: This episode is sponsored by BetterHelp. Give online therapy a try at https://betterhelp.com/ETM and get on your way to being your best self. Indeed: Finding great talent doesn't have to be a second job. You can hire faster and better with Indeed - get a $75 sponsored job credit at https://indeed.com/erika Thanks for tuning in and come back every Tuesday for a brand-new episode! Make sure you hit the follow button to get notified. Prefer video or want closed captions? Watch the episode on YouTube here: https://youtu.be/9n-WyEMhC-M If you want to know more on escaping the cycle that keeps you poor, check out this episode with Minority Mindset (Jaspreet Singh): https://erika.com/minority-mindset Did you enjoy the episode?⁠⁠ Please leave us a review here⁠⁠ https://erika.com/review : (just scroll to the bottom and tap on “leave a review”) It really helps the podcast, even just a sentence is perfect! Follow the podcast @erikataughtme across platforms. ⁠Connect with me on Instagram.⁠ https://www.instagram.com/erikankullberg For more information, go to⁠ https://erikataughtme.com Get on my personal finance & investing course priority waitlist here https://erika.com/3D-money Get my Mastering YouTube course, to learn how to grow a YouTube following and monetize it https://erika.com/mastering-YT ⁠Get more of my free resources. https://erika.com/all-links

Transcript

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0:00.0	When I was a kid I never went into a shop, I never went into a restaurant.
0:03.2	Suddenly you were given all this money and I realized that what I thought I wanted as a kid was to be rich.
0:07.8	And I realized now that what I really wanted was just not to be poor.
0:11.2	That's what it was and then once I wasn't poor anymore it sort of it
0:14.4	meant I had to kind of reassess everything what do I actually want from them?
0:17.3	Gary Stevenson was Citibanks most profitable trader in 2011. He made millions by betting on growing economic inequality, but he decided to leave a life where he was making millions to raise awareness around the inequality that he had become so aware of.
0:33.7	He focuses on teaching people about wealth and equality and the economy.
0:37.7	I go to the street I grew up on, and it was always a poor street, you know, it's right next to the
0:40.8	railway.
0:41.8	Small houses, it used to be families of four or five now
0:44.2	there's like 15 individual impoverished people living in those houses sharing rooms
0:49.2	you know this is a transformation of our society,
0:54.0	to broad mass poverty.
0:57.0	I think one problem you have
0:58.0	is these two sides don't get to see each other.
1:00.0	I didn't work with anyone who knew that poverty was happening.
1:02.0	And, you know, I go to the streets
1:03.4	they don't know these guys are making two million dollars a year so the poor
1:05.9	don't know that the rich are taking everything and the rich don't see that the poor
1:08.7	are struggling to eat.
1:10.8	I'm Erica Koleberg and you're listening to the Erica Tautme podcast.
1:15.0	Hey everyone, it's Erica. I've prepared something special for you. I want to invite you to my one of a kind five day challenge where I'll be sharing how you,
	...

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