The Prof G Pod with Scott Galloway Prof G Markets: Goldman’s Earnings Slump, an ETF for Options Trading, and Fractional Jet Ownership
41 snips
Oct 23, 2023 
Joining Scott is Ed Elson, a media analyst who brings sharp insights into market trends. They discuss Goldman Sachs' recent earnings struggles compared to its peers and highlight an ETF making options trading accessible for retail investors. The duo delves into the booming trend of fractional jet ownership, exploring its appeal for affluent travelers seeking convenience. With a mix of serious analysis and personal anecdotes, this conversation is both enlightening and entertaining.
AI Snips
Chapters
Books
Transcript
Episode notes
US Healthcare Inefficiency
- US healthcare is expensive and ineffective, with worse outcomes than the UK system.
- The insurance industry's 45% profit margin contributes to this inefficiency.
Lagging Healthcare Inflation
- Healthcare inflation is lagging, with hospitals and insurers negotiating fees every few years.
- This delayed effect means consumers are only now feeling the full impact of rising costs.
NVIDIA's Valuation
- NVIDIA's high valuation depends on their continued dominance in the AI chip market.
- Finding another equally lucrative category will be crucial for sustaining their value.
