The Prof G Pod with Scott Galloway Prof G Markets: Goldman and Apple Part Ways, Shein and Temu, and Charlie Munger’s Legacy
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Dec 4, 2023 
In this engaging discussion, Ed Elson, a savvy media analyst, dives into the intriguing split between Goldman Sachs and Apple, highlighting the contrasting public narratives. The conversation shifts to the fast fashion giants, Shein and Temu, unpacking their market dominance and ethical concerns. Elson also reflects on Charlie Munger's impactful legacy in investing, combining wisdom with humor. The interplay of corporate reputation and media strategy adds depth to the analysis, making for a thought-provoking listen!
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Unaffordable Housing
- The American dream of homeownership is becoming a hallucination for younger generations due to rising home prices and interest rates.
- The income needed to qualify for a mortgage has increased significantly, making homeownership unattainable for many.
Housing Supply Shortage
- Decreasing demand and increasing home prices reveal a significant housing supply shortage.
- The Biden administration is attempting to address the issue by reforming zoning policies and converting commercial offices into residential properties.
Binance's Downfall
- Scott Galloway predicted Binance's downfall seven months prior, citing its existence outside U.S. law and the structural decline of its sector.
- The Department of Justice (DOJ), with evidence from the SEC, pursued Binance and its CEO for money laundering violations.