The Prof G Pod with Scott Galloway Office Hours: Change & Volatility Favor the Young, Investing in Art, And Why David Solomon’s DJing Hobby Is a Good Thing
Apr 5, 2023
A listener seeks advice on job stability at a struggling bank, prompting a discussion on resilience in challenging times. The podcast explores how market volatility can favor younger generations, turning obstacles into opportunities. Investing in art is examined, highlighting its financial and emotional value. Engaging in personal hobbies, like DJing, boosts creativity and professional success, evidenced by David Solomon's passionate pursuits. The conversation ultimately champions the blend of personal interests with professional identity for a fulfilling life.
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Riding Out the Storm
- Stay put in your current job, even with the uncertainty at your bank.
- Focus on gaining skills and completing your CFA, as these will benefit you regardless of the bank's fate.
Volatility Favors the Young
- Volatility and change create opportunity, especially for young professionals who are adaptable.
- These situations can lead to promotions or new roles in acquiring companies.
Art as an Investment
- Art is a substantial asset class, potentially offering both financial and emotional returns.
- If art resonates with you and you can invest wisely, it can be a worthwhile addition to a portfolio.