logo
episode-header-image
Sep 2024
56m 54s

Why Are Millionaires Moving Abroad? + Th...

VOX MEDIA PODCAST NETWORK
About this episode

Scott and Ed open the show by discussing the UK’s investigation into Microsoft’s Inflection acquihire, as well as Nippon Steel’s potential acquisition of US Steel and Andreesen Horowitz’s decision to close its Miami office. Then Scott shares his thoughts on why millionaires are flocking to the Middle East and why he’s not concerned about the rising popularity of golden passports. He also explains how he thinks countries should handle taxation in order to attract citizens. Finally, Scott and Ed discuss why the podcast industry is booming right now, and what it could mean for Prof G Media.

Order "The Algebra of Wealth," out now

Subscribe to No Mercy / No Malice

Follow the podcast across socials @profgpod:


Follow Scott on Instagram

Follow Ed on Instagram and X

Learn more about your ad choices. Visit podcastchoices.com/adchoices

Up next
Aug 8
Country Risk, Tech Valuations, & How the Markets Lost their Predictive Power — ft. Aswath Damodaran
Aswath Damodaran, Professor of Finance at NYU's Stern School of Business, returns to the show to discuss America’s country risk in 2025 and how markets have become more reactive than predictive. Damodaran also shares his insights on AI hype, Google’s valuation, and why chasing “t ... Show More
1h 4m
Aug 7
OpenAI’s $500B Valuation + Key Takeaways from Disney and Uber Earnings
Ed breaks down a potential share sale that could make OpenAI the most valuable private company in the world. Then, he’s joined by Jason Bazinet, Managing Director of Media and Entertainment Research at Citigroup, to dig into Disney’s earnings. Finally, Mark Mahaney joins the show ... Show More
37m 22s
Aug 6
Who Will Replace Jerome Powell? Tesla Hit with Securities Fraud Suit & AMD’s Q2 Earnings
Ed breaks down the potential candidates in the running to replace Jerome Powell as chair of the Federal Reserve. Then he explains why Tesla’s shareholders have filed a class action suit against the company and Elon Musk. Finally, he is joined by Patrick Moorhead, Founder, CEO and ... Show More
33m 24s
Recommended Episodes
Oct 2024
Prof G Markets: Can A Podcast Change Southwest Airlines? + The College Consulting Business
Follow Prof G Markets: Apple Podcasts Spotify  Scott and Ed open the show by discussing Kalshi’s new election contracts, the rest of the bank earnings, the repercussions of ASML’s 2025 sales guidance, and Amazon and Google’s nuclear energy deals. Then Scott breaks down why he thi ... Show More
59m 3s
Jul 2024
Prof G Markets: Why is Silicon Valley Backing Trump? + A Glasses Company Acquires Supreme
Subscribe to Prof G Markets: Apple Podcasts Spotify  Scott shares his thoughts on why Trump has attracted some of Silicon Valley’s most powerful donors. He also explains why he doesn’t recognize America anymore, especially since his move to London. Then, Scott and Ed discuss poss ... Show More
42m 24s
Jan 2025
Prof G Markets: The DOJ’s Landlord Lawsuit + Can Trump Buy Greenland?
Follow Prof G Markets: Apple Podcasts Spotify  Scott and Ed open the show by discussing Anthropic’s upcoming funding round, a huge drawdown in quantum stocks, and Getty Images’ acquisition of Shutterstock. Then Scott breaks down the Department of Justice’s lawsuit against some of ... Show More
52m 36s
Jul 2024
Prof G Markets: Nike’s Dramatic Downfall & Britain’s Road to Economic Recovery
Follow Prof G Markets: Apple Podcasts Spotify  Scott and Ed open the show with a discussion around why Microsoft and Apple have relinquished their board observer seats at OpenAI. Then Scott breaks down Nike’s fall from dominance, shares some insight from when Nike was a client at ... Show More
47m 54s
Sep 2024
Prof G Markets: Takeaways from the Second Debate + Does the US Need a Sovereign Wealth Fund?
Follow Prof G Markets: Apple Podcasts Spotify  Scott and Ed open the show by discussing recent inflation data, Oracle’s earnings, Wall Street’s decision to curb working hours for young bankers, and Open AI’s newest model. Then Scott shares his reactions to the President debate an ... Show More
54m 31s
Sep 2024
What Happened to 23andMe? Why Harris’ Plan to Tax Unrealized Gains Makes No Sense, and Time Really is Money
Scott speaks about the business of 23andMe, specifically how it illustrates what happens when growth companies don’t meet their growth expectations. He then discusses Kamala Harris’ plan to tax unrealized gains and why he doesn’t support it. He wraps up with a conversation on way ... Show More
21m 26s
Feb 2025
Prof G Markets: Is Reddit Undervalued? + Netflix Goes After Podcasts
Did you know we have a separate Markets feed? Follow Prof G Markets for additional episodes: Apple Podcasts Spotify  Scott and Ed open the show by discussing the latest inflation report, the rise of tuition at private schools and the EU’s investment in AI. Then they break down Re ... Show More
1h 2m
Aug 2024
Prof G Markets: Is AI CapEx Out of Control? + Bill Ackman’s IPO Failure
Follow Prof G Markets: Apple Podcasts Spotify  Scott and Ed open the show by discussing the latest Fed meeting, Starbucks’ disappointing earnings, and Delta’s CrowdStrike problem. Then Scott shares his thoughts on Microsoft and Meta’s earnings and breaks down why capital expendit ... Show More
50m 44s
Dec 2024
Prof G Markets: Ask Us Anything — Forgiveness, The Manosphere, Parasocial Relationships & More
Follow Prof G Markets: Apple Podcasts Spotify  Scott and Ed answer listener-submitted questions about everything from the origins of Ed’s accent to how they feel about parasocial relationships. They address why they look similar, talk about how to maintain friendships and give ti ... Show More
1h 1m
Nov 2024
Prof G Markets: ChatGPT’s First Victim + The Department of Government Efficiency (DOGE)
Follow Prof G Markets: Apple Podcasts Spotify  Scott and Ed open the show by discussing Spotify and Disney’s earnings, a gambling company’s strong third quarter results, and Elliot Management’s activist investment in Honeywell. Then Scott breaks down how Chegg allowed ChatGPT to ... Show More
54m 57s