The Ledger, every show

“34% of the S&P is represented by seven companies, and 50% of the equity value of the world, and 70% of the enterprise value, if included the debt, is wrapped up in the U.S. Economy, which has seven companies, and if any of those seven companies sneeze, the who…”

“If you were to try and come up with three or four reductive reasons why the U.S. Has created so much more economic value than Europe, I think if you're intellectually honest, you would say that in the U.S. Companies are allowed to ask for forgiveness, not perm…”

“75% of women say economic viability is hugely important in a mate. It's only 25% of men.”

“And the scary stat I saw, I think you referenced, is that in order to get one coffee, a man of average attractiveness on a dating app has to swipe right or try and connect with 200 women to get one coffee.”

“If you talk to people who've been married longer than 30 years, 80% of them say one was much more interested in the other at the beginning, and it was always the man was more interested in the woman.”

“Goldman manages my money. They give me a number every year. And anything above my number, I either spend it or I give it away.”

“For most men, kids are motivating professionally, because you realize it's no longer just about you.”

“And the key to being a billionaire is establishing allies along the way. And that is people put them in a room of opportunity, even when they're not in that room, because they're really high character, good people.”

“I find that's mostly a cartoon that there's so much anxiety injected into relationships when you don't have enough money that those are the people that have really dysfunctional families. So my experience has been that actually wealthy people are both a high c…”

“I find the most important time with your kids and you have some time to figure this out is what I call garbage time. And that is the really amazing moments with your kids happen unpredictably. You're on your way to, you're driving them to school, and they're n…”

“Once you have money, people laugh at your jokes, people find you interesting, people want to know you, and it can lead to bad places.”

“The person who is unafraid and asks for all of those things every day ends up wealthier and with a higher character mate than their peers.”

“If you don't feel imposter syndrome, you're either arrogant or not reaching, Far enough.”

“And the wealthiest generation in the history of the planet gets 1.3 trillion dollars a year in the form of Social Security.”

“So we flushed six to seven trillion dollars into the economy, under the auspices that this is a national emergency and people that need it. 85% of it wasn't spent. So, 85% was saved, meaning five to six trillion, which is kind of like, let's flush money into t…”

“40 years ago, 60% of people aged 30 to 34 had at least one child. Now it's 27%.”

“We're now, this year, gonna spend more money on interest on the debt than we spend on our military.”

“The way you get rich is probably through a little bit of concentration, your own business, you double down on a house, you fix it up, you flip it, whatever it might be, but the way you stay somewhat rich is through diversification, and I didn't realize that.”

“The majority of entrepreneurs are immigrants.”

“And what we have in our society right now, unfortunately, is too many men who are just not economically or emotionally viable.”

“When AT&T was broken up into the seven baby bells, all seven of those companies were worth more than the original AT&T within 10 years.”

“I think he's been a net good for the world. Inspired the EV race, the space, I mean, seeing that rocket, that booster rocket captured on it as it's falling, that shit's just inspiring.”

“Every one of these companies is built on a technology that was funded by American middle class taxpayers, whether it was DARPA, whether Elon Musk got a three hundred fifty million dollar tax-free loan. He hates subsidies, but he was there for it when we gave h…”

“If you can be really kind of, I hate the word authentic, but if you can be a bit raw and unfiltered, I'm profane and vulgar. It turns off people, it turns off advertising, but I think people appreciate it, and it's authentic.”

“When we broke up the AT&T into the Baby Bells, all seven of those companies were more valuable than the original AT&T on their own within about a decade, and things like Fiber and Analytics and Cell and Broadband were all lying fallow in Bell Labs because AT&T…”

“Generally the way we evaluate culture through a shareholder lens, quite frankly, is retention. And that is, you should have eight to 12% turnover a year. And if you have a lot more than that, something's wrong with the culture of the compensation.”

“Boards basically are there for two things. They're there to hire and fire the guy or gal running the company. They're there also to decide if and when to sell the company. That's about it. And maybe make sure the chairman of the audit committee is smart enough…”

“We don't embrace failure, that's bullshit, but we tolerate it.”

“Not talking about money is basically a decorum that is promoted by the incumbents and the wealthy, such that you don't understand how much money wealthy people have to keep poor and middle class people under the illusion that, oh, you should be paying 45% taxe…”

“Like you're, quite frankly, you should be selling down your Airbnb and your HubSpot stock and just letting, you don't need the needle in a haystack. You just need to buy the whole haystack because you've got enough capital.”

“They're finding out people on Ozempic drink 60% less alcohol.”

“Who GOP-I should be who it should reach right now is poor and middle-income households that are obese. That's where the greatest societal benefit would be right now. Who I think is probably driving the sales are rich people who want to lose the last 10 or 20 p…”

“My average tax rate the last 10 years has been 17%.”

“Two-thirds of employment in Argentina is civic, is, is, is government employees.”

“83% of them last year didn't qualify for health insurance because they didn't make 23,000 dollars.”

“Two weeks ago I found out, I made a, one of my biggest, I invested five million dollars in a tech space healthcare company, Tier one VCs. Baller CEO. Best investors. Had to elbow my way to get in. That's a big investment for me. It went out of business last we…”

“You want to punch above your weight class professionally or romantically, get used to rejection. Most people aren't willing to endure rejection.”

“When AT&T was broken up into the seven baby bells, all seven of those companies were worth more than the original AT&T within 10 years.”

“One company, Apple, is worth more than the entire UK stock market.”

“If you don't own one of those seven stocks, you've underperformed the market and your returns are probably flat.”

“Money is a means of protecting people, not of having an awesome life”

“Whenever I meet with my financial advisors and I do this once a year, they tell me, this is your net worth. And if it's above that number, which it has been the last. 12 years cause it's been an amazing economy. I do one of two things with the incremental numb…”

“Hands down, fractional is the way to go, because you essentially can arbitrage scale up or down based on the mission.”

“The Buffett index, stock market valuation versus GDP, he likes it at about 90%. It's at 210%. The S&P is trading at historic highs. 97% of the time, the S&P has traded at lower valuations relative to earnings.”

“I think you're going to see a huge counter-cyclical movement against NIMBY laws, and that the government will probably come out with subsidies.”

“I think if there's one secret sauce to communicating is that if you can write well, you're going to be a decent communicator.”

“The real power of economic security is, like, eliminate the should bucket. There's things you want to do. There's things you have to do. Get rid of the should.”

“I'm getting a 100,000 uniques a day to my site. I'm getting thousands of screenshots.”