This week we speak with NYU Stern professor Scott Galloway, discussing his new book, The Algebra of Happiness: Notes on the Pursuit of Success, Love, and Meaning. Our prior interviews with the professor can be heard here: November 21, 2015, March 4, 2017 and October 28, 2017.
Galloway has spent the past 15 years teaching students at the Stern School of Business. For the last class of his course each semester, he would give his students a “how to” live your life so you do not have regrets: That money matters, but only up to a point; work may be hard but the more you apply yourself, the better you be at your job, and we tend to like what we are good at. The relationships you have — especially with your life partner — is one of the most significant determiner of your future happiness. And much more.
He explains why it is so important for young people to get credentialed and then get themselves to a city, where the concentration of intellectual capital gives them lots of options and networking opportunities. Higher education, in Galloway’s words, are the greatest ever lubricant for upward mobility.
We also discuss the costs structure issues of Uber — great business model, but wildly overpriced; why WeWorks is the next great IPO debacle, and why Lyft may get crushed by a lack of a network effect.
You can stream/download the full conversation, including the podcast extras on Apple iTunes, Bloomberg, Overcast, and Stitcher. All of our earlier podcasts on your favorite host sites can be found here.
Next week we speak with Douglas Peebles, Chief Investment Officer of Fixed Income for Alliance Bernstein.
Scott Galloway’s Books
Scott Galloway’s favorite books