Perplexity’s Fourth Funding Round + Lessons From Boeing in Long-Term Thinking | Prof G Markets

Housing Market

The current housing market presents a challenging landscape, with existing home sales reaching their lowest level since 2010 and on track for the worst year since 1995 1. Scott Galloway and Ed Elson discuss the implications of these trends, highlighting the need for significant government intervention to address the supply issue 1. Scott reflects on his own experience buying a home in San Francisco, noting the drastic increase in home prices relative to income over the years 2.

It's really wild. The housing crisis or the housing sales just keep getting worse. I would have guessed we would have bottomed out about a year ago.

--- Scott Galloway

Ed emphasizes the importance of understanding the market now to be ready for future opportunities, while also acknowledging the affordability challenges faced by younger generations 2.

   

Boeing Stock

Scott shares an optimistic outlook on Boeing's stock, predicting it will outperform the market over the next year 3. He attributes this confidence to Boeing's strong brand, quality products, and its position in a duopoly within the commercial jet transportation sector 4. Scott explains that the complexity and cost of manufacturing airplanes create high barriers to entry, making Boeing a potentially lucrative investment as global commerce continues to grow 4.

Boeing will outperform the S and P over the next 12 months.

--- Scott Galloway

This prediction is grounded in the belief that international flows and commerce will drive demand for Boeing's products, despite recent challenges in the aviation industry.