Comments by "Curious Crow" (@CuriousCrow-mp4cx) on "How To Get Rich" video.

  1. Yes and no. People make money from betting, but Derivatives makes Sports betting look like a mugs game. And most of the finance world is reliant on Derivatives for hedging. Yet the Ancient Greeks invented the same financial betting. It's the little people who aren't taught about the realities of wealth, and they suffer it's its lack the most.
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  2. Yes and no. Economic realities don't lie. If wages had kept up with inflation over the last few decades, nobody would be complaining. But they haven't have they? And the rules of the game are rigged very much against those without wealth. So, this ennui and alienation is nothing new, and social media is just another medium for selling the lies. Used to be the TV, the newspapers, and novels. We've just been through the biggest wealth transfer in history, and poverty is increasing up the wage distribution from the bottom up. And AI is being setup to cull the white collar jobs we were told to aspire to. And that's the reality. Time to see clearly, and drop the delusions.
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  3. Anybody who wants a grounded analysis about investing should listen to the 8th April episode of Professor Scott Galloway's podcast discussing his personal investment portfolio, which is here on YouTube. It's just over 37 minutes long, but you can listen to it in chapters in the description. And although the whole podcast is enlightening, the last chapter basically is a truth bomb. He has a "9-figure" valuation on his investment portfolio after 30 years, and he was born poor at now what we know as The Great Moderation, and he was in his 40s when portfolio really took off. And the last 5 minutes of the last chapter is Galloway being honest about getting rich. And Gary was born at the end of the Great Moderation, and yet what both Gary and Scott both say about getting rich is complementary and brutally honest. Give it a listen. And then think about what you've heard. And then think deeply about both what they both said. It's a life lesson.
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