

Prof G Markets: The Most Profitable Year in Banking History, Elon’s Tesla Stake, and Firing People
46 snips Jan 22, 2024
The discussion kicks off with Elon Musk's ambitious demand for a 25% stake in Tesla. Delving into banking, Scott highlights why 2023 marked record profits for JP Morgan Chase while Citigroup faltered. He also offers keen insights on best practices for layoffs, referencing a viral TikTok incident that exemplifies corporate communication failures. Humor and personal anecdotes pepper the conversation, ensuring a blend of serious finance with entertaining insights.
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Chipotle Card
- Scott Galloway received a lifetime Chipotle card after frequently mentioning his love for the restaurant.
- His kids now recognize his career's merit.
Podcast Feedback
- Ed Zitron shares listener feedback, one negative about a joke and one positive about a misunderstanding.
- The misunderstanding involved a graphic misinterpretation of Scott's words.
JetBlue & Spirit
- The Biden administration is more antitrust-focused, blocking mergers like JetBlue and Spirit Airlines.
- Spirit Airlines' stock dropped despite receiving a substantial breakup fee.