The Prof G Pod with Scott Galloway

Office Hours: The Lab-Grown Diamond Boom, Investment in Women’s Sports, and Deciding Whether to Quit Your Job

15 snips
Nov 29, 2023
Explore how lab-grown diamonds are reshaping the diamond industry, making luxury more affordable and accessible. Discover why investing in women’s sports is not just a trend but a smart financial move, especially with potential female billionaires entering the arena. Finally, get practical advice for those contemplating a major career shift, emphasizing the importance of networking and self-reflection before taking the plunge into new adventures.
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INSIGHT

Diamond Market Disruption

  • Lab-grown diamonds are disrupting the traditional diamond market, causing price drops.
  • Natural diamonds will likely retain some value due to scarcity, unlike lab-grown ones.
INSIGHT

Investing in Women's Sports

  • Women's sports are a growing market with increasing viewership and engagement.
  • Investing in women's sports teams could be profitable, especially with rising female billionaires.
ADVICE

Athlete Representation Agency Investment

  • Avoid investing in athlete representation agencies as a passive investor.
  • These businesses rely heavily on relationships, making them vulnerable.
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