Scott Galloway: Build Wealth or Die Trying
Publisher: The Compound
Date: April 15, 2024
Key points made for why we like:
- Talks about his new book, The Algebra of Wealth, aimed at people in their mid-20's (middle to upper-middle class) and how they can build wealth
- Tells about the fear of bringing kids into the world when you don't feel financially secure
- Money is not your story; it's your means to do other things
- The moment you have assets, start diversifying
- Explains why he hates graduation speeches where people say, "follow your passion" - only rich people say that; follow your talent is a better strategy
- Pick fields with a 90%+ employment rate (being a DJ or an actor doesn't meet that criteria)
- You can have it all, you just can't have it all at once!
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