Scott and Ed open the show by discussing Starboard Value’s activist stake in Pfizer, the end of the Longshoremen’s strike, and Ben Horowitz’s decision to donate to Kamala Harris’s campaign. Then Mark Zandi, Chief Economist of Moody’s Analytics, joins the show to discuss the recent jobs data and why he’s confident that the Fed has stuck the landing. He also shares which Presidential candidate he thinks would be better for the economy. Finally, he breaks down where he thinks the housing market is ...
Oct 10, 2024•59 min•Transcript available on Metacast Scott and Ed open the show by discussing Tesla’s quarterly deliveries, a potential CVS breakup, and a venture capital firm’s decision to return money to investors. Then Scott explains the biggest red flag he sees in chipmaker Cerebras Systems as it prepares to go public, but breaks down why he would still invest in the company. Scott and Ed debate about sovereign wealth funds in the Gulf and whether or not the funds make smart investments. Finally, they examine Nike’s earnings and break down why...
Oct 07, 2024•57 min•Transcript available on Metacast Scott and Ed open the show by discussing China’s stock market surge, Softbank’s investment in OpenAI, and why Gavin Newsom vetoed an AI safety bill. Then Lina Khan, Chair of the Federal Trade Commission, joins the show to discuss the need for regulation in big tech and the connection between inflation and the concentration of industries. She also breaks down how the FTC analyzes mergers and acquisitions, and explains how the FTC measures consumer harm. Order "The Algebra of Wealth," out now Subs...
Oct 03, 2024•59 min•Transcript available on Metacast Scott and Ed open the show by discussing the DOJ’s antitrust lawsuit against Visa, Meta’s new AR glasses and the recent executive resignations at OpenAI. Then Scott explains why Palantir is one of the most overvalued companies in tech, and why he thinks the brand has resonated with retail consumers. He also advises current Palantir employees on what he thinks they should do with their stock options. Finally, Scott and Ed break down the Longshoremen’s demands and discuss the impact a potential st...
Sep 30, 2024•50 min•Transcript available on Metacast Scott and Ed open the show by discussing Qualcomm’s potential acquisition of Intel, Nike’s new CEO, and Microsoft’s deal with Constellation to re-open Three Mile Island. Then Robert Armstrong, US financial commentator for the Financial Times, joins the show to discuss the Fed’s interest rate decision. He explains why he wasn’t surprised about the Fed’s 50 basis point cut and why he thinks the Fed’s optimistic view on inflation is justified. Finally, he breaks down Intel’s fall from grace and giv...
Sep 26, 2024•1 hr 1 min•Transcript available on Metacast Scott and Ed open the show by discussing the Federal Reserve’s rate cut decision, SpaceX’s deal with United, Blackrock and Microsoft’s AI infrastructure fund, and Instagram’s new teen accounts. Then Scott and Ed share their reactions to Lionsgate’s partnership with an AI company. Scott also offers advice to anyone in Hollywood whose job could be threatened by AI. Finally, they discuss the benefits of Amazon’s new return to work policy but explain why flexibility for certain employees is very nec...
Sep 23, 2024•57 min•Transcript available on Metacast In this special conversation, Scott and head of TED Chris Anderson dive deeper into Scott’s explosive recent TED Talk, which has been seen by millions and ignited conversations about what he calls “the great intergenerational theft,” or how older generations are stealing prosperity from the young. With razor-sharp insights on the skyrocketing cost of housing, the mental health crisis created by social media, reckless government spending and more, Scott explores bold solutions to the most pressin...
Sep 19, 2024•1 hr 5 min•Transcript available on Metacast Scott and Ed open the show by discussing recent inflation data, Oracle’s earnings, Wall Street’s decision to curb working hours for young bankers, and Open AI’s newest model. Then Scott shares his reactions to the President debate and breaks down business learnings from Kamala Harris’ performance. Ed predicts which stocks he thinks will benefit most from the Presidential race. Finally, Scott and Ed discuss a proposed sovereign wealth fund and explain why it seems unnecessary for the U.S. to have...
Sep 16, 2024•55 min•Transcript available on Metacast Scott and Ed open the show by discussing a judge’s decision to allow bets on Congressional elections, Apple’s newest iPhone, and the fight to change the dual-class share structure at News Corp. Then Lyn Alden, independent analyst and author of “Broken Money,” joins the show to discuss the upcoming rate-cutting cycle. She explains why she’s still long-term bullish on Bitcoin and why now could be a good time to invest in emerging markets. Finally, she gives advice for new investors on how to build...
Sep 12, 2024•57 min•Transcript available on Metacast Scott and Ed open the show by discussing the UK’s investigation into Microsoft’s Inflection acquihire, as well as Nippon Steel’s potential acquisition of US Steel and Andreesen Horowitz’s decision to close its Miami office. Then Scott shares his thoughts on why millionaires are flocking to the Middle East and why he’s not concerned about the rising popularity of golden passports. He also explains how he thinks countries should handle taxation in order to attract citizens. Finally, Scott and Ed d...
Sep 09, 2024•57 min•Transcript available on Metacast 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 ...
Sep 05, 2024•1 hr 1 min•Transcript available on Metacast Ben Miller, co-founder and CEO of Fundrise, joins the show to share how his company managed to successfully break into the private markets. He discusses why the private markets are regulated differently, how his company is helping everyday investors get in on typically inaccessible opportunities, and how Fundrise earned the trust of companies like OpenAI to get on their cap tables. Order "The Algebra of Wealth," out now Subscribe to No Mercy / No Malice Follow the podcast across socials @profgpo...
Aug 29, 2024•27 min•Transcript available on Metacast Scott and Ed answer listener-submitted questions about everything from how they met to their personal relationships. They give career advice and talk about the people who inspire them. Plus, Ed discusses how he allocates his investments and Scott confirms the truth behind a rumor from his college days. Finally, bear witness to the moment Scott first learned Ed has a girlfriend. Order "The Algebra of Wealth," out now Subscribe to No Mercy / No Malice Follow the podcast across socials @profgpod: I...
Aug 26, 2024•49 min•Transcript available on Metacast Aswath Damodaran returns to the show to discuss how companies age and why “growth for the sake of growth” can be a problem for companies as they get older. He looks at where Intel stands in the lifecycle and explains how it can return to a healthier age. He also breaks down how he thinks Starbucks and Lululemon could revamp their businesses. Finally, he explains why being geographically diversified doesn’t necessarily protect you from risk. Subscribe to No Mercy / No Malice Follow the podcast ac...
Aug 22, 2024•53 min•Transcript available on Metacast Scott explains how he approaches money with his partner, his parents, and his children. He gives advice for having difficult conversations about economic hardship. Ed asks for advice around saving money to take care of his family in the future. Scott also breaks down how he tries to connect money with effort when talking about wealth with his kids. Finally, he shares the one thing he hopes his kids will understand about money when he’s gone. Order "The Algebra of Wealth," out now Subscribe to No...
Aug 19, 2024•42 min•Transcript available on Metacast Ramit Sethi, New York Times Best Selling author of “I Will Teach You To Be Rich,” joins the show to discuss the most common money problems people face. He offers actionable tips for navigating finances with your partner, buying vs. renting your home, and raising your kids to appreciate money. Ramit and Scott also discuss the skill of spending money well. Subscribe to No Mercy / No Malice Follow the podcast across socials @profgpod: Instagram Threads X Reddit Follow Scott on Instagram Follow Ed o...
Aug 15, 2024•56 min•Transcript available on Metacast Scott and Ed open the show by discussing Airbnb, Disney, and Shopify’s latest earnings, as well as X’s lawsuit against advertisers. Then they speak with Professor Rebecca Allensworth, Associate Dean for Research at Vanderbilt University, about the Google antitrust case. She breaks down the ruling, potential remedies for the situation, and what the case means for other big tech companies who are facing similar monopoly accusations. Order "The Algebra of Wealth," out now Subscribe to No Mercy / No...
Aug 12, 2024•57 min•Transcript available on Metacast Scott and Ed open the show by discussing the global sell-off, Berkshire Hathaway’s portfolio management, and Intel’s terrible earnings. Then Mark Mahaney, senior managing director and head of internet research at Evercore, joins the show to discuss why the market’s freakout is an opportunity, not a crisis. He also shares how recent tech earnings are sending signals that we’re headed for a soft landing, not a recession. Finally, he identifies a couple small and mid-sized companies he thinks could...
Aug 08, 2024•54 min•Transcript available on Metacast Scott and Ed open the show by discussing the latest Fed meeting, Starbucks’ disappointing earnings, and Delta’s CrowdStrike problem. Then Scott shares his thoughts on Microsoft and Meta’s earnings and breaks down why capital expenditures have become so outrageous. Scott and Ed also discuss why Bill Ackman struggled to attract funds for his IPO, and what that says about a chronically online group of people. Note: For our analysis on Friday’s selloff, tune in to Prof G Markets on Thursday for our ...
Aug 05, 2024•51 min•Transcript available on Metacast Scott and Ed open the show by discussing SearchGPT, the latest earnings from McDonald’s, and Trump's new stance on Bitcoin. Then Dan Ives, Managing Director and Senior Equity Research Analyst at Wedbush Securities, joins the show to discuss how he thinks Tesla can get through its current “gut-check” moment. He also shares why Google is the most underrated of the Magnificent 7 stocks and why he thinks Palantir is one of the best AI companies right now. Order "The Algebra of Wealth," out now Subsc...
Aug 01, 2024•54 min•Transcript available on Metacast Scott shares his thoughts on Tesla’s lackluster earnings and explains how the electric vehicle industry has suffered from overinvestment. He also breaks down why Tesla’s stock could suffer if Trump doesn’t get elected. Then, Scott and Ed discuss Zyn’s popularity among Gen Z and the dilemma that comes with investing in sin stocks. 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 Instagr...
Jul 29, 2024•52 min•Transcript available on Metacast Robert Armstrong, US financial commentator for the Financial Times, joins the show to break down a question: is the election moving the markets, or is it inflation? He shares his thoughts on why small-cap companies are surging, and discusses why the Federal Reserve has good reason to cut rates in July, but likely won’t until September. 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 I...
Jul 25, 2024•53 min•Transcript available on Metacast Scott shares his thoughts on why Trump has attracted some of Silicon Valley’s most powerful donors. He also explains why he doesn’t recognize America anymore, especially since his move to London. Then, Scott and Ed discuss possible motives for EssilorLuxottica acquiring Supreme and explain how the eyewear company’s monopoly on glasses has flown under the radar for so long. Order "The Algebra of Wealth," out now Subscribe to No Mercy / No Malice Follow the podcast across socials @profgpod: Instag...
Jul 22, 2024•42 min•Transcript available on Metacast Kyla Scanlon, author of “In this Economy? How Money and the Markets Really Work,” joins the show to discuss how political uncertainty is moving the markets and how to act accordingly as an investor. She also shares two investment areas the tech sector needs to focus on, breaks down the comeback story of a top-performing stock, identifies some solutions to America’s trapped housing supply, and shares some tips for staying courageous in the face of criticism. Order "The Algebra of Wealth," out now...
Jul 18, 2024•55 min•Transcript available on Metacast Scott and Ed open the show with a discussion around why Microsoft and Apple have relinquished their board observer seats at OpenAI. Then Scott breaks down Nike’s fall from dominance, shares some insight from when Nike was a client at L2, and considers if the stock is a buy. Finally, Scott and Ed discuss the state of the UK economy post-election and Ed identifies his largest point of concern with the Labour party’s manifesto. Order "The Algebra of Wealth," out now Subscribe to No Mercy / No Malic...
Jul 15, 2024•48 min•Transcript available on Metacast Anthony Scaramucci, the founder and managing partner of SkyBridge Capital, joins the show to break down the fascism of Project 2025 and how a second term for Trump could become a totalitarian regime. He discusses why he thinks voters need to support Biden if he’s the Democratic candidate, but reveals who he thinks would have the greatest chance of beating Trump. He also shares some personal stories about what it was like to serve as the Communications Director in the Trump White House. Order "Th...
Jul 11, 2024•56 min•Transcript available on Metacast Josh Brown, co-founder and CEO of Ritholtz Wealth Management, fills in for Scott to talk about how the markets reacted to the Presidential debate. Then Josh and Ed discuss how Trump and Biden presidencies could impact investors and Josh breaks down why he isn’t concerned about Trump’s potential tariffs on China. 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 In...
Jul 08, 2024•49 min•Transcript available on Metacast Scott shares his thoughts on Volkswagen’s investment in Rivian and why he thinks the electrical vehicle industry is entering the “Valley of Death”. Then Scott and Ed discuss JPMorgan’s tax management business and Scott breaks down different tax avoidance strategies he thinks more young people should know about. 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 Ins...
Jul 01, 2024•52 min•Transcript available on Metacast Ryan Holiday, one of the world’s foremost philosophers of the modern era, joins the show to talk about how stoicism can improve our perspective on money. He discusses how to handle wins and losses in every situation and why limiting your options can lead to better decisions. He also advises on some healthy habits that can help improve your financial responsibility. Order "The Algebra of Wealth," out now Subscribe to No Mercy / No Malice Follow the podcast across socials @profgpod: Instagram Thre...
Jun 27, 2024•51 min•Transcript available on Metacast Scott shares his thoughts on the new “Netflix Houses” and why he thinks Netflix has some of the most valuable IP in the entertainment industry. Then Scott talks about his experience at Cannes Lions and what the festival has demonstrated about the state of the advertising industry. 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 y...
Jun 24, 2024•46 min•Transcript available on Metacast 
