

Bet-David? Thats a Jewish Name | PBD Podcast | EP 32
Dec 15, 2020
This discussion features Tom Zenner, a commentator known for his insights on societal trends, alongside entrepreneur Patrick Bet-David. They delve into Elon Musk’s move to Texas and its implications for innovation and business. The conversation shifts to the struggles of farmers in India and the complexities of borrowing from China. They also explore investment opportunities in the sports card market, touching on the impact of wealth disparities and personal responsibility in achieving success. Tune in for a blend of humor and thought-provoking insights!
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Gretzky Card Investment
- Patrick Bet-David bought two Gretzky rookie cards for $540,000 and sold them for over $2 million in 17 months.
- He predicts the card industry will boom due to private equity involvement and fractional ownership.
Wall Street's Home Buying Strategy
- Wall Street firms buying homes and leasing them back could be helpful for homeowners in financial distress. This model resembles reverse mortgages and life settlements, offering an option for those needing equity.
Tax Policies and Their Consequences
- Taxing billionaires excessively can lead to them leaving the state, hurting job creation and the economy. Focus on policies that empower low and middle-income earners to build wealth.