Post Corona: The Four

Investment Shift

Scott Galloway explores the potential of transitioning investments from tech equities to real estate amidst economic uncertainties. He shares his personal experience of owning big tech stocks for a decade, noting the psychological toll of daily market fluctuations. Galloway suggests that moving into real estate, particularly cash flow residential properties, could be a more stable investment strategy.

I've owned big tech for ten years and have done well, but I'm sick of the roller coaster. There's a bit of a psychic cost or a reduction in your psychic return that comes from owning stocks.

--- Scott Galloway

He emphasizes the importance of considering cap rates and leveraging opportunities in real estate, especially if one can avoid high borrowing costs 1 2.

   

Stimulus Effects

The discussion shifts to the impact of stimulus packages on the economy, with a focus on major corporations like Amazon. Galloway highlights how these packages have inadvertently benefited large retailers by providing consumers with funds while closing down smaller competitors. He paints a vivid picture of Amazon's advantageous position during the pandemic, likening it to a sprinter with a head start.

Amazon is not only not being hurt by this crisis, there's more wind at their sales anyway.

--- Scott Galloway

Additionally, Senator Michael Bennet provides insights into the effectiveness of relief efforts, advocating for more targeted support for small businesses and local governments 3 4.