Opinion
Galloway: Loneliness and political extremism threaten society more than climate change
“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.”
Opinion
Galloway: Regulators should break up dominant companies across all industries
“So I would argue the way to oxygenate the market would be to go through industry by industry and break up”
Opinion
Galloway: The entire hedge fund and alternative investment industry is a grift
“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.”
Opinion
Galloway: Elon Musk is not a good role model for men
“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.”
Opinion
Galloway: Elon Musk has been a net good for the world
“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.”
Opinion
Galloway: Elon Musk is not a good role model for men
“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.”
Opinion
Galloway: US policy drove an intentional wealth transfer from young to old
“There has been a purposeful transfer of wealth from young to old over the last 40 years.”
Prediction Not checkable as stated
Galloway: Foreign Buyers Will Abandon US Treasury Auctions, Spiking Rates
“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.”
Opinion
Galloway: Extremism and loneliness are bigger societal threats than climate change
“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.”
Opinion
Galloway: Alternative investments and hedge funds are essentially a grift
“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.”
Insight
Galloway: Underpaid young talent is corporate America's second-biggest arbitrage
“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 …”
Opinion
Galloway: Elon Musk is not a good role model for men
“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…”
Assertion Partly supported
Galloway: 30-Year-Old Americans Are Less Wealthy Than Parents Were at 30
“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 …”
Assertion Partly supported
Galloway: Harvard Grew Endowment 4,000% While Class Size Grew 4%
“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.”
Assertion Supported
Galloway: Mississippi Average Household Income Equals or Exceeds UK and Germany
“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.”
Assertion Partly supported
Galloway: Corporate Taxes Lowest Since 1938, Top 25 Pay 6% to 8%
“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.”
Prediction Not checkable as stated
Galloway: Failed US Treasury auctions will eventually cause interest rates to skyrocket
“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.”
Assertion Partly supported
Galloway: 40% of US government spending goes to seniors, heading to 50%
“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.”
Insight
Galloway: Career Passion Comes From Mastery and Economic Security
“Passion comes from artistry, mastery, and economic security.”
Opinion
Galloway: The US Corporation Is the Greatest Wealth Creator in History
“If you have access to corporate America, the US corporation is the greatest wealth creator in history.”
Insight
Galloway: Business School Is for the 'Elite and the Aimless'
“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,…”
Prediction Open · timeframe Mar 2031
Galloway predicts 3:2 ratio of female to male college grads within five years
“In the next five years, there's going to be three female college grads for every two male college grads.”
Assertion Supported
Galloway: 66% of women under 30 have boyfriends vs 33% of young men
“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.”
Assertion Partly supported
Galloway cites extreme disparities in male suicide, addiction, homelessness, and incarceration
“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.”
Scott Galloway