Generational Investing Trends - Current generation relies on unregulated online advice for investing, engaging in stocks, crypto, and prediction markets [3] - Many people lack sufficient savings, with almost half the country unable to cover three months of expenses [5] - Amateur trading surged during the pandemic, increasing direct stock ownership among Americans from 15% to 21% in three years [16] - Gen Z primarily seeks investment advice online, influenced by YouTube and social media [15] Investment Strategies and Perspectives - Best investing advice is to start now, buy low, and sell high, investing 10% of every paycheck [1] - Most people are better off buying and holding long-term investments rather than frequent trading [21] - Generational wealth has to start somewhere, making investing important, especially with housing becoming less accessible [24][22] - Contrarian investing involves doing things differently to achieve better results [37] - Volatility should be viewed as an opportunity to buy during weak moments and hold for the long term [40] Financial Literacy and Education - Financial literacy, including budgeting, saving, and managing money, is crucial but not consistently taught in schools [28] - Authentic and unbiased financial advice is craved, as good resources are not always reaching people [13][14] - Financial freedom stems from understanding the financial system and setting goals for saving and investing [57]

[Music] You can see now people back home there. They suffering and someone is driving a Range Rover with their money. Where is my money.I think she's a scam up to now. Repeat after me. I am a winner.I didn't know how big it was. I didn't really understand what I was getting myself into. Money can do a lot of good.It can really transform people's lives, but it can also hurt them. ...

[Music] for you can feel to the people back home there they suffering and someone is driving a Range Rover with their money. Where is my money. I think she's a scam up to now.Repeat after me. I am a winner. I didn't know how big it was. I didn't really understand what I was getting myself into.[Music] Money can do a lot of good. It can really transform people's lives, but it can also hurt them. ...

to me like I have certain values in the culture. You have to have a culture. Mine is meaningful work and meaningful relationships through radical truthfulness and radical transparency.If you worry, you don't need to worry. And if you don't worry, you need to worry because if you worry, then you'll take care of what you're worrying about. And if you don't worry, it's going to hit you probably. It's not where you are. It's the action.It's the evolution that gets you excited to be better and better. Why is he ...

Ray Dalio shares his five-step formula for building a world-class team. Watch the full episode of The Deal on the Bloomberg app or listen wherever you get your podcasts. -------- Like this video? Subscribe: http://www.youtube.com/Bloomberg?sub_confirmation=1 Get unlimited access to Bloomberg.com for $1.99/month for the first 3 months: https://www.bloomberg.com/subscriptions?in_source=YoutubeOriginals Bloomberg Originals offers bold takes for curious minds on today’s biggest topics. Hosted by experts coverin ...

Company Crisis and Succession - New World Development faces a crisis due to delayed bond payments and succession issues, marked by two CEO changes in recent months [2] - Adrian Cheng's stepping down as CEO was unexpected, raising questions about his role as the heir apparent in the family business [3][13] - Adrian Cheng's investments, initially praised, are now viewed as overextending New World, leading to the company's first losses in two decades [14] - Other siblings, particularly Sonia Cheng, are taking on key roles, managing the family's jewelry empire and hospitality ventures [15] Financial Performance and Debt - New World is working to refinance approximately $11 billion of debt amidst China's ongoing property crisis [4] - The company's debt reached 95% of its equity by the end of 2024, surpassing its competitors [12] - Expansion plans dating back to 2017 and 2018 are seen as contributing to the company's heavy debt [12] Market and Economic Factors - Protests in Hong Kong starting in March 2019 and the subsequent national security law impacted Hong Kong's reputation and economy [9][10][11] - COVID-19 lockdowns further battered Hong Kong's economy, hindering its recovery and affecting tourism [11] - New World's debt-fueled expansion serves as a warning to other Hong Kong property tycoons [16] - Greater Bay Area accounts for 5% of China's population but 13% of its GDP [7]

Investment Strategy - When an advantage is perceived and a mispricing is detected, a larger investment should be considered [1] - Doubling down on an investment is most challenging when facing unfavorable odds [1] - Betting with an edge provides valuable training for Wall Street investment strategies [2] - A key challenge in stock investing is the uncertainty of possessing a true edge [2] Risk Management - Blackjack serves as a laboratory to understand odds and determine optimal bets [3] - Investment decisions should consider risk tolerance and available capital [3]

How does Ray Dalio identify top talent? He breaks down his method for Alex Rodriguez and Jason Kelly. Watch the full episode of The Deal on the Bloomberg app or listen wherever you get your podcasts. -------- Like this video? Subscribe: http://www.youtube.com/Bloomberg?sub_confirmation=1 Get unlimited access to Bloomberg.com for $1.99/month for the first 3 months: https://www.bloomberg.com/subscriptions?in_source=YoutubeOriginals Bloomberg Originals offers bold takes for curious minds on today’s biggest top ...

You've said you won't hire any more coders at Salesforce and you've said today's CEOs will be the last to manage all human workforces. What does this mean for businesses. Well, I think I just had a meeting, you know, coming from a meeting with my head of engineering and we're looking at productivity levels of 30 to 50% this year in key functions like engineering, coding, support, you're saying service.AI is doing 30 to 50% of the work. AI is doing 30 to 50% of the work at Salesforce now and I think that tha ...

Company Overview - Salesforce is the world's number one customer relationship management (CRM) software provider [1] - Marc Benioff is the CEO and founder of Salesforce [1] Industry Perception & Vibe - The CEO compares himself to the "Taylor Swift of Tech" [1][3] - The company's atmosphere is described as "Silicon Valley" [3] - There is a sense of "refounding the company for the AI era" [2]