The Prof G Pod with Scott Galloway Prof G Markets: Netflix’s New Entertainment Venues & Scott’s Takeaways from Cannes
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Jun 24, 2024 The discussion kicks off with Netflix's innovative entertainment venues, exploring their potential impact on family fun and content immersion. Insights from the Cannes Lions Festival reveal how the advertising world is evolving and the ties supporting small businesses. A humorous comparison of childhood hotel snacks leads to serious economic insights, alongside the soaring success of companies like NVIDIA. The episode delves into the importance of financial diversification and hints at upcoming market trends, rounding out with predictions about major IPOs and industry dynamics.
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UK Inflation Impact
- UK inflation hitting Bank of England's 2% target is positive, but prices have risen over 20% in three years.
- This impacts lower-middle-income households most due to higher rent and food costs.
Vision Pro Prediction
- Scott Galloway bought Meta's VR headset and considers Apple's Vision Pro a failure.
- He believes Apple employees working on this project will be fired, offering a cynical job security tip.
NVIDIA Investment Advice
- NVIDIA's rapid growth has made many employees millionaires due to stock options.
- Diversify investments if your net worth is heavily concentrated in one company, even if it's performing well.