The Ledger, every show

“Institutions like mine at NYU take pleasure in artificial, creating artificial scarcity so we don't let in as many kids as we could, such that we can drive up the cost of tuition faster than inflation and pay ourselves more for less accountability”

“Well, on a practical level, the young people need to drink more.”

“I think the biggest threats to our society aren't climate change or even income inequality. I think it's one extremism from the far left and the far right, and two, I think it's loneliness.”

“So I would argue the way to oxygenate the market would be to go through industry by industry and break up”

“But if you took the entire alternative investments industry, any logo on CNBC, anyone that advertises, any hedge fund, anywhere, it's essentially a grift.”

“I think he's not a very good role model for men. I don't think living alone with none of your 12 children by three women with a loaded gun next to your bed is what men should aspire to.”

“I personally have found that billionaires are generally very high character people because the key to being really successful is to create allies along the way such that you're put in a room of opportunities when you're not physically there.”

“I think GLP-ONE is a more transformative technology than AI.”

“The most profitable companies are going to be the ones tapping into an immature prefrontal cortex of an American male.”

“What I've noticed is the Trump administration only walks back things when the markets move, and the fastest way to make the markets move right now is to go after the companies that are 40% of the S&P by unsubscribing from Amazon, from Apple, from Microsoft pla…”

“Every year, young people transfer 1.3 trillion dollars in the form of Social Security payments to the wealthiest generation in the history of the planet, seniors.”

“And I think the risks to a twenty-five-year-old liver of alcohol are dwarfed by social isolation.”

“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.”

“I think he's not a very good role model for men. I don't think living alone With none of your 12 children by three women with a loaded gun next to your bed is what men should aspire to.”

“There has been a purposeful transfer of wealth from young to old over the last 40 years.”

“At some point, the Chinese or whoever aren't going to show up for one of our treasury auctions, and interest rates are going to skyrocket, and you're going to have, you know, shit's going to get real pretty fast.”

“I think the biggest threats to our society aren't climate change or even income inequality. I think it's one extremism from the far left and the far right, and two, I think it's loneliness.”

“If you took the entire alternative investments industry, any logo on CNBC, anyone that advertises, any hedge fund, it's essentially a grift. And what they, if you look at their performance, they've exactly underperformed the S&P by the amount of their fees.”

“The ultimate arbitrage in our economy is fossil fuels, but the second of that is finding young, super hardworking, super talented people who are better with technology and paying them 30% of what you're paying Bob, who's a forty-year-old, and they do 90, they …”

“I also think he should be held accountable for his coarseness and his cruelty. I don't think you attain that level of power such that you cannot pay people their legally obligated severance. I don't think you accuse an employee of being a sex criminal such tha…”

“But for 99% of CEOs, my suggestion would be just avoid it at all costs and say, We're going to try and create economic security for you and your family, such that on weekends, whatever you want to do politically, recreational, if you want to be a DJ or you wan…”

“I think the best thing we could do for inflation would be a series of breaking up everything from big chicken and big pharma to big tech.”

“I would remove section two 30 for all algorithmically elevated content.”

“I think GLP-I is bigger than GPT-IV.”

“Hospital networks, entire hospital networks could go out of business if they're really honest.”

“I would say don't never get in between a venture capitalist and their second million, because they will take to Twitter and call you a plagiarist or accuse you of having done terrible things at NYU, which you've never Ever been accused of, much less people hav…”

“The average seven year old is 72% wealthier than they were 40 years ago. The average forty-year-old is 24, a person under the age of 40 is 24% less wealthy, and for the first time in our nation's history, a thirty-year-old man or woman isn't as wealthy as his …”

“Harvard, fifty-four billion dollars in endowment, It's grown its endowment 4000% in the last 30 or 40 years, up forty-fold. It's grown its freshman class size four percent.”

“If you take the poor state, Mississippi, the average household income there is still the same or higher than it is in the UK, Germany, South Korea, Japan.”

“Corporations are paying the lowest tax rate since 1938. The super rich, not the near rich, but the super rich, the wealthiest 25 Americans pay an average tax rate of six to eight percent.”

“At some point, the Chinese or whoever aren't going to show up for one of our treasury auctions, and interest rates are going to skyrocket, and you're going to have, you know, shit's going to get real pretty fast.”

“40% of all spending right now, government spending, goes to seniors. It's about to be 50%, which lowers the amount of money we can invest in technology, R&D, and education, which have a much bigger payoff.”

“Passion comes from artistry, mastery, and economic security.”

“If you have access to corporate America, the US corporation is the greatest wealth creator in history.”

“I describe business school for the elite and the aimless. Ooh. You're good at what you do, you're smart, you want to make money, you're disciplined, but you have no idea what you want to do. We all try to sound very focused in our business school applications,…”

“In the next five years, there's going to be three female college grads for every two male college grads.”

“Two out of three women under the age of 30 has a boyfriend. One out of three men under the age of 30 has a girlfriend. Why? Because women are dating older.”

“Young men are four times as likely to kill themselves. They're three times as likely to be addicted. They're three times as likely to be homeless. They're 12 times as likely to be incarcerated.”

“Women are generally attracted to men for three reasons. The third is kindness. They want someone who's going to be a long-term partner. The second is intellect. If you're funny, really lean into it because the fastest way to communicate intellect and men who m…”

“80% of women have procreated. It's only 40% of men throughout history.”

“The ultimate arbitrage in our economy is fossil fuels, but the second of that is finding young, super hardworking, super talented people who are better with technology, and paying them 30% of what you're paying Bob, who's a 40 year old, and they do 90, they ad…”

“It's about, I spend about one and a half or two million dollars a year, but a friend of mine from high school I really like, A Mormon kid getting married in a weird place. I'm gone. Why? Because I have a f***ing private plane.”

“Art and wine. Art is I'm trying to buy culture. I've been a boring douchebag my whole life. So all of a sudden I'm going to start overspending on art and it makes me interesting. No, it doesn't. You're still the same douchebag.”

“Yeah, I'm selling down my American stocks, mostly because I'm diversifying, because I don't want to lose.”

“I think America's too expensive right now. I think Europe's on sale.”

“Forty billion dollar child tax credit that would benefit young families stripped out of the infrastructure bill, but the hundred and twenty billion dollar cost of living adjustment for Social Security flies right through.”

“Your return on your invested capital is inversely correlated to how sexy and cool an industry sounds.”

“I spend three to 400,000 dollars a month, so if you take that at five million times 25, I need one hundred and twenty-five million to be economically secure.”