The Prof G Pod with Scott Galloway Prof G Markets: NVIDIA’s $1 Trillion Valuation, Pairs Trading, and Understanding Analyst Estimates
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Jun 5, 2023 Scott delves into NVIDIA's astonishing rise to a $1 trillion valuation, highlighting its success amid the AI boom and contrasting it with Intel's struggles. He considers adopting a pairs trading strategy for better market navigation. The podcast also sheds light on the implications of IRS budget cuts on tax burdens, particularly impacting lower-income individuals. Finally, discussions on Wall Street earnings forecasts reveal the biases of analysts, while a look at Apple's upcoming product launch garners speculation on potential risks.
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Yamaha Motors Contract
- Scott Galloway shares how he started a brand strategy firm in business school.
- He secured a $100,000 contract with Yamaha Motors, initially causing him fear due to his inexperience.
SPAC Insider Trading
- SPAC executives and early investors profited by selling shares before values plummeted.
- This raises questions about potential regulations for insider trading when promoting stocks.
SPAC Model Concerns
- SPACs raise public funds for non-existent companies.
- This model allows early investors to profit significantly, but it raises concerns about retail investor protection.