The Prof G Pod with Scott Galloway SPACs, Stocks, and Being Indispensable ft. Andrew Ross Sorkin
Mar 11, 2021
Andrew Ross Sorkin, a renowned columnist for The New York Times and co-anchor of CNBC's Squawk Box, discusses the intricate world of SPACs and tech stocks, shedding light on market fluctuations and the risks facing retail investors. He shares personal anecdotes about family life during the pandemic, reflecting on how it has reshaped his priorities. The conversation also touches on the rise of NFTs and the implications for investors, alongside the challenges of pursuing an MBA later in life.
AI Snips
Chapters
Books
Transcript
Episode notes
Vernon Jordan's Legacy
- Andrew Ross Sorkin was moved by Vernon Jordan's funeral and the impact he had.
- Jordan mentored countless Black professionals and was influential in their rise.
Market Sentiment Shift
- The current market sentiment seems to reflect a "buy the rumor, sell the news" mentality.
- Investors now anticipate a less exuberant future, unlike the post-Spanish Flu roaring 20s.
Investor Defiance
- Individual investors exhibit a sense of defiance against perceived paternalism.
- They reject the notion of being "protected" and demand access to the same opportunities as professionals.
