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Scott Galloway: Why I'm selling my American stocks

| 11 products mentioned
Watch on YouTube stock market valuations investment diversification wealth psychology glp-1 drugs male loneliness political activism consumer boycotts

Scott Galloway discusses his contrarian investment strategy of selling American stocks and diversifying into international markets, arguing that U.S. valuations are at historic highs while emerging markets offer better value. Beyond markets, he explores personal wealth philosophy, the male loneliness epidemic, and launches Resist and Unsubscribe, a movement encouraging consumers to cancel subscriptions from tech companies he views as enablers of the current administration.

Key takeaways
  • U.S. stock markets are trading at historic valuation multiples (210% on the Buffett index vs. the preferred 90%), suggesting American stocks are overpriced compared to international alternatives after 17 years of outperformance.
  • Fractional private jet ownership is the best luxury spending decision for quality-of-life improvement, allowing flexible scaling of aircraft size based on trip needs without the overhead of full ownership or charter hassles.
  • Once you achieve economic security (25x your annual burn rate), you can eliminate the "should" bucket of obligations and focus only on things you must do or genuinely want to do, liberating you from unnecessary commitments.
  • GLP-1 drugs are more transformative than AI, potentially solving obesity, reducing healthcare costs, and even addressing addiction and behavioral issues—making them worthy of government subsidy to rural populations.
  • Young men are experiencing a loneliness epidemic exacerbated by platforms exploiting immature decision-making; the real solutions require public policy (third places, housing development, mandatory service) rather than profitable private ventures.
  • Always pay for dates with women to demonstrate strength and restore the biological asymmetry of dating risk; avoid splitting checks as it diminishes masculine presence and signaling.
  • True friendship requires vulnerability and occasionally asking for help; constantly paying for everything and refusing assistance is actually an ego assertion, not generosity.

Recommendations (4)

"Hands down, fractional is the way to go because you essentially can arbitrage scale up or down based on the mission."

Scott Galloway · ▶ 11:39

Anthropic
Anthropic uses

"You're going to find as I did you have three subscriptions to Anthropic. You don't need three."

Scott Galloway · ▶ 1:03:13

Amazon
Amazon uses

"I was on Amazon one the healthcare company paying $199. I don't need that."

Scott Galloway · ▶ 1:03:19

Uber Eats
Uber Eats uses

"It shows you how many times you've ordered from Uber Eats. I've ordered 34 times from Uber Eats."

Scott Galloway · ▶ 1:07:55

Mentioned (7)

Simon Properties
Simon Properties "Simon Properties is killing." ▶ 29:57
Plumpjack Winery
Plumpjack Winery "He owned a winery called Plumpjack. He's literally whiter than Ted, the TED conference." ▶ 4:48
Putt Shack
Putt Shack "I think we need more bars. I think we need more sports leagues. I think we need you know Putt Sha..." ▶ 25:23
Wave Garden
Wave Garden "I think we need more bars. I think we need more sports leagues. I think we need you know Putt Sha..." ▶ 25:23
Topgolf
Topgolf "I think we need more bars. I think we need more sports leagues. I think we need you know Putt Sha..." ▶ 25:23
No Mercy, No Malice
No Mercy, No Malice "profgalloway.com. No mercy, no malice is the blog which I read. I love and so you just wrote up t..." ▶ 39:08
ChatGPT
ChatGPT "If you unsubscribe from ChatGPT, they're trading at 40 times revenue is $240. That's $10,000 in m..." ▶ 1:02:54