

Your Wealth Is Being Stolen - Robert Kiyosaki, Jared Teach
Jan 1, 2025
Jared Teach, a prominent asset management expert working with Vivek Ramaswamy, discusses the silent forces undermining America's middle class. He explains the troubling shift from shareholder to stakeholder capitalism, revealing how ESG and DEI policies are impacting investment values. Listeners learn why 401(k)s might not be as secure as they believe and the looming threat of pension losses. Jared also addresses the dark side of woke capitalism and explores Bitcoin as a potential solution to safeguard wealth in uncertain economic times.
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Shareholder vs. Stakeholder Capitalism
- Shareholder capitalism prioritizes returns for company owners.
- Stakeholder capitalism considers everyone involved, including employees and broader society.
Stakeholder Capitalism's Impact
- Stakeholder capitalism prioritizes various stakeholders' interests, potentially reducing shareholder returns.
- This model originated in Europe and contrasts with American shareholder capitalism.
Southwest Airlines Example
- Southwest Airlines prioritized ESG metrics over operational needs, leading to canceled flights and bonuses.
- This prioritization harmed shareholders while benefiting executives.