I'm a business student at a university and I have never received anything close to this lecture in quality, eloquence, and focus. I was truly fascinated the entire time
@adhdfitgirl4 жыл бұрын
Mirai Hi! would love for you to check out my summary of his book “The Four” kzfaq.info/get/bejne/n9yDZqulz66sqWQ.html
@TeamPill3 жыл бұрын
well that's' what you get as a business major.
@MisterMarmite36523 ай бұрын
I have a postgraduate degree from a prestigious university in exactly this subject- strategic brand management and clinical marketing - and this 48 min lecture has been more engaging, informative and practically applicable than my MSc. 😅
@fosil1003 ай бұрын
The predictions are not aging so well though 6 years later. Still listening to him is net positive.
@KingHenryPlays7 жыл бұрын
I see Scott Galloway, I click.
@DrTune3 жыл бұрын
I only learned that in 2020, it's a revelation
@michaelschneider-4 ай бұрын
+1. Copy that. .. That's a Bingo.
@jesusgaud87 жыл бұрын
This video lecture is amazing, no really, it is amazing.
@adhdfitgirl4 жыл бұрын
Jesus Gaud Hi! would love for you to check out my summary of his book “The Four” kzfaq.info/get/bejne/n9yDZqulz66sqWQ.html
@mentallyhyp20127 жыл бұрын
So happy you are posting these. Been studying your videos and information religiously... I have been using it in my business strategy sessions and I have been exploding my biz since! Thank you again!
@lolumadder7 жыл бұрын
Love your content Scott! The older I get the more my focus shifts to staying up to date with trends happening around me. Your videos never fail to deliver.
@eghatfield3 жыл бұрын
While watching this Scott managed to put 3 items in my Alexa shopping cart, causing me to scramble for the pause button, cancel items and turn of the mic. So after I'm convinced to buy more Amazon stock, he predicts they will be broken up. Probably still a win for my portfolio. Amazing presentation on the relationship of these companies!
@rfpeace7 жыл бұрын
WOW Scott, that was the best 48+ minutes I've spent in a long while... cheers!!! ron:)
@CruiserZone7 жыл бұрын
7:50 ...That's not Germany, that's Poland.
@David-kd4qr7 жыл бұрын
yeah...someone screwed up.
@knifeyonline7 жыл бұрын
well 85 years ago he would have been right
@anonymous2012s7 жыл бұрын
@CruiserZone JUST AMERICANS. but he was correct just a minute before.
@crangel21837 жыл бұрын
48 min of pure gold, I love this.
@korah337 жыл бұрын
Scott your one of the reasons I wanna go to Stern for my MBA
@fleXcope4 жыл бұрын
Rewatching this in 2020. Superbly projected.
@luizalmeida12094 жыл бұрын
Yes, it's crazy.. such a great lecture
@JimPaar6 жыл бұрын
A true analytical mastermind, love Listening to Professor Galloway
@guyman42347 жыл бұрын
I think Professor Scott is becoming THE Anthropologist of this time and place.
@McDoodle447 жыл бұрын
Scott is our man! Go Galloway!
@brandonjames867111 ай бұрын
Interesting that 6 years later, Walmart stock outperformed Amazon
@natirvinii91206 жыл бұрын
Galloway is an excellent presenter...entertaining writer and fabulous storyteller...
@faragar17917 жыл бұрын
Wow, just wow. This almost makes me want to get more into studying economics.
@marcvsahlal-khatwa54606 жыл бұрын
Yeah, his witty insights into the "strange" ways the 'market' behaves are so glaringly self-evident, so painfully apparent, that I can't help but feel like an utter moron for not seeing some of this shit before Galloway spelled it out for 'me'.
@markdisaac607 жыл бұрын
Love, love, love this. Great content. I'm going to get all three of my twenty-something daughters to watch this. Scott Galloway is the coolest guy on the planet.
@kavaelixir41344 жыл бұрын
“disarticulated who we are”
@MariaPetrovaNYC7 жыл бұрын
Thanks for releasing to nonmembers
@rfpeace7 жыл бұрын
no doubt, that was great! so how are you?
@priscillawilson26343 жыл бұрын
Amazon is many many smaller companies allowed to sell through them for a price (as well as their own, admittedly wealthy, bits). This is exactly the same as large corporations that 'manage' all the brands we see every day. How many of those large corporations are there - four, five, six? Amazon is exactly the same but in the digital world where everybody is aware of it without reading a newspaper or picking up a book.
@ashhwriaths6 жыл бұрын
This professor never talks about how not collecting sales tax for many years has immensely benefited Amazon vs Walmart (just one detail that helps in understanding how today's status comes from, rather than making it sound like some magical rise of some mythical business). Smooth talker, very trustworthy voice. Question your professor more.
@danmosier52497 жыл бұрын
"I'm a war history buff" then goes on to completely confuse his tanks. I love your stuff Scott, the best on KZfaq, but get a better intern to help with your research please! The Panzer III was an early war tank, and not known for its "toughness". His pic seems to be that of a B or E model, which had ~30mm of armor. The Pz.III late models maxed out at 50mm hull and 57mm turret armor. Hardly impenetrable. The early war American M3 Lee's had 50mm hull and 76mm turret as did the early war Sherman's. Late war Sherman's had 50 or 63mm hull, and 76 or 63mm turret. These were also not well armored tanks post 1941'ish. I believe he is confusing the PZ.III with the legendarily tough Tiger, which had 100mm of frontal armor and were known to absorb and bounce the shells from the most common allied tank, the 75mm gun equipped Sherman. The up gunned Sherman w/ the Brtiish 76mm could penn a Tiger without much problem especially with the late war HVAP round. The best place to shoot a Tiger I was not so much the rear, but the sides. Both rear and sides had 82mm of armor, but the ammo racks and fuel tanks were more easily targeted on the sides. The engine sits behind the rear armor, yes hitting it disables the tank but you still have to deal with crew manning the gun. Hitting fuel tanks or ammo.. its likely game over. In war though, you take the shot you can get as often as not. Tiger II best place to put a round was in its rear, yes, but there were very few encounters with TIger II's on the western front. Also, I am not sure I know what Bradley tank he is talking about. The M2 Bradley fighting vehicle was introduced in the early 1980s, and was not a true tank. The Bradley was named for a WWII general, but that's as close to a Bradley tank you can find in WWII. Scott is very likely talking about swarms of M4 Sherman's on Tigers, which is often (falsely) cited as the only way Shermans could kill a Tiger. Reality is, true tank on tank battles were rare on the western front and the scenario he mentioned (even though popular lore) most likely never happened. Disregard the movie Fury, it's fiction. Military historian and WWII tank expert Steven Zaloga is on record saying he couldn't find a single instance of Shermans swarming a Tiger like Scott mentions and the movie Fury showed. Yes, there are true stories of Shermans being held up by a Tiger down the road.. but there are many ways to kill a tank and it didn't take 5 Sherman's suicide attacking to knock the Tiger out. The true story of why the Tigers were defeated is multi-faceted. They came too late in the war, were over engineered, took too much time and resource to build, too much time and resource to maintain, built by a then inferior labor force, broke down all the time, were asked to do things they weren't designed for. He was right on about fuel, and about quantity sometimes being more important than quality. However, in the chapters of war, you can easily find examples of the opposite to be true as well... quality to outdo quantity. All depends on what narrative you want to support your story. The end game is the superior Tiger lost out to the good enough Sherman because the Sherman was one part of an overall more effective and modern fighting force. Wait, what were talking about again?
@RedlineR1S7 жыл бұрын
He confused Tiger's and Panzers and Bradley's for Shermans. I love you Scott, but you goofed big time.
@RedlineR1S7 жыл бұрын
You're a massive idiot.
@danmosier52497 жыл бұрын
For everyone confused, some brilliant individual was on here calling everyone idiot Marxist *%^%$'s and telling us to move to Iran. "4orce Majeure" His comments have since been deleted.
@JustTheHighlights5 жыл бұрын
r/iamverysmart
@gaslitworldf.melissab28975 жыл бұрын
Doesn't matter that much, the analogy worked for everyone. Less than 1% of the population knows that, but good on you for catching it.
@jaywon067 жыл бұрын
The content you provide is amazing, Scott is such a great communicator.
@markguatube6 жыл бұрын
@L2inc I love Scott's history analogies with WW2, but his description about multiple "Bradley" Tanks taking on one Panzer I think he really means to say Sherman tank. Bradley was a general in WWII, and a fighting vehicle was later named after him, but there were no "Bradley tanks" in WWII.
@geoffhetzel96916 жыл бұрын
He was also way off base about missiles bouncing of German tanks. First, weren't any true missiles used by allies in anti-tank roles. Second, German tanks of all types were vulnerable to side attacks. Third, Russians had tanks that were on a par with the main German battle tanks by 1944.
@Hunter-wz9ep7 жыл бұрын
All your videos in one
@jasonbaker21264 жыл бұрын
This still seems mostly relevant 2 years later. Apple and Microsoft are the trillion dollar companies that have been able to keep market capitalization over 1 trillion. Amazon only touched 1 trillion briefly in 2018. ¯\_(ツ)_/¯
@Sychonut7 жыл бұрын
I really appreciate the progressive message at the end. You are a good man Scott.
@Dominickudo7 жыл бұрын
That was excellent I can listen to him lecture for like another two hours.
@argosprtn49317 жыл бұрын
Great presentation, made me wish I was back in college. Thanx for your continued education on these companies and what the future trends are going.
@tonyb14867 жыл бұрын
the facts are very insightful. this is what ted talk should be.
@jsan25867 жыл бұрын
What a great fucking talk.
@shahn787 жыл бұрын
watch ur fucking mouth
@olga2you7 жыл бұрын
Whole Foods is super selective in where they put their stores. When they figure out the grocery game, will they build to expand or buy another established player?
@ouss7 жыл бұрын
oh 48min i like that
@boombeatz277 жыл бұрын
Jiftuq oh 48 likes I like that
@ouss7 жыл бұрын
perfect
@edgar.espinoza4 жыл бұрын
Great lecture! But what happened at 38:45? It seems like the comment about fake news and the misbehavior of Facebook and Google was interrupted.
@dannydoj Жыл бұрын
This has not aged well. Apple is streets ahead at around 3 trillion compared to half of that at Amazon. Incidently, Saudi Oil was the first to 1 trillion dollars market cap.
@zkinzer7 жыл бұрын
Amazing content again. Scary to hear in such clear terms how the world is being sold to highest bidder.
@thedamnyankee17 жыл бұрын
Panther tanks. and Sherman Tanks. The Bradley is an infantry fighting vehicle developed in the 80's.
@harvingwin5840 Жыл бұрын
Guy's a genius. Very groovy brother.
@reggydavis7 жыл бұрын
'the problem of profitability' - I've heard it all.
@itsrockitt7 жыл бұрын
Exactly... wtf
@AlValentini7 жыл бұрын
If you look at the way capital is moving from funders, that's a very correct thing to say.
@TopJoo77 жыл бұрын
This lecture wasn't long enough!
@JN-kf3kf6 жыл бұрын
i .. um.. started watching..and half way... bought an Amazon Echo Plus. And I do not know why...
@jimmym52627 жыл бұрын
wow! This is amazing, and so informative. I agree with scott and in my opinion has a very accurate prediciton of amazon taking over almost everything. I would not be surprised if amazon had gas stations and an automotive company in 10-15 years.
@monjier7 жыл бұрын
"shavings of shit on a shit salad" 😂😂😂
@TravisHuff6 жыл бұрын
Truly incredible insights on the BIG 4
@WilkineBrutus7 жыл бұрын
Such a brilliant presentation. Thank you Scott.
@haruspex1-507 жыл бұрын
Talk about blockchains Scott
@AlphaHealthYT7 жыл бұрын
he's ignoring the biggest disruption of them all
@GrainOfRice7 жыл бұрын
He already replied to my comment in a diff video, he has no idea what it is
@philvarela3237 жыл бұрын
I'm sure L2 could supply the info and Scott deliver it like a fucking veteran.
@GrainOfRice7 жыл бұрын
I wish they would tbh
@mynameismatt20107 жыл бұрын
Cryptocurrencies have one very big flaw, they can be overpowered. All it would take would be a motivated government deciding to put an end to bitcoin and the entire cryptoeconomy would collapse. You need 51% approval from the blockchain to verify a transaction, which means that to verify transactions resulting in every bitcoin being transferred to a single wallet a government would merely have to match what a few small time miners have collectively cooked up. This is something I'm relatively confident a wealthy private citizen could do if they were so inclined. If bitcoin ever gets mainstream N. Korea might take it down just for yucks. BTW, the reason I'm only focusing on bitcoin is because if the big visible one falls it doesn't matter how secure the other ones are, nobody will ever have confidence in them again. PS, Amazon rents out more processing power than it would take to overpower all the crypto-blockchains combined simultaneously.
@charles-white7 жыл бұрын
Good stuff, man. Please talk about Block chains........thanks!
@MrRumblefrog7 жыл бұрын
Charles White he doesn't know it, so he prob won't, it's not part of his scope
@akopanahi23437 жыл бұрын
Great presentation Scott. Always so insightful 👏🏽
@God_Driven6 жыл бұрын
Fantastic! I learned sooo much! Highly informative!
@Jdaymer7 жыл бұрын
around 38:00 with the mcds analogy lmao so good love this channel
@productscentralasia Жыл бұрын
Great analysis! Hello from Central Asia Prof!
@RowanGontier7 жыл бұрын
Great work L2 team.
@colekeller4 жыл бұрын
This is effectively Scott predicting a Yang like presidency run. We need to listen to this man more...
@JPWingate7 жыл бұрын
Excellent discussion, Thanks
@nikolaizaicev92974 жыл бұрын
Quite an interesting analysis. Basically, america goes back in time in some sense. Companies concentrate and pull huge % of wealth to them, due to their size and budget, they squize out the competition and gain power over the employees.
@baijunchen35902 жыл бұрын
I think my marketing professor at Brooklyn College is the best! No?
@scholarlyreader3835 жыл бұрын
I am smarter and savvy yet I have not spent a dime at any ivy. I have taken for free nearly 48 corporate finance classes online coursera and viewed all of Scott vid.
@JamesMortonRobinson7 жыл бұрын
This is absolutely fascinating and have made a similar prediction regarding travel experience. I would be interested in your view on "The four's" entry to travel sector particularly air travel. There are 4billion travels every year. That's a lot of data and purchasing power
@joelmonteiro14197 жыл бұрын
I don't get the correlation in jobs at Google and Facebook and the loss of jobs at traditional advertising companies. Google and Facebook are media distribution channels but the creativity and campaign strategy still needs to come from somewhere. How come the job losses on he creation side correlate to the opposite in the distribution?
@onesfuture7 жыл бұрын
So, in your opinion, what happens after the possible break up in 2020, will there be a one facet of the company to go side with over the others? And, also in your opinion, whom else in the world of marketing and business is worth the time to follow?
@priscillawilson26343 жыл бұрын
I quit Netflix a year ago and only watch movies on Amazon. Original content anywhere is generally junk so I rarely watch that anyway.
@ianthesiow3013 Жыл бұрын
Awesome. TQ.
@aliciasciascia9227 Жыл бұрын
Non profitability is just a way to beat taxes and use the phenomenon of compond interest by reinvesting in expansion. The question is...what effect does this strategy have on greater society?
@xxxmina7 жыл бұрын
"Love at scale" - interesting phrase
@paulpeczon90864 жыл бұрын
Oooh now I remember why I decided to finish getting an MBA after I realized it wasn’t going to enable the industry shift I was hoping for. The evolution of the business ecological landscape is fascinating and professor Scott Galloway preach on Daddy! Thank you for succinctly and so eloquently distilling what’s really going on.
@troygardner16107 жыл бұрын
got this max headroom meets men in black feel
@xavierwhitlow18197 жыл бұрын
Don't know how to feel he talked about Nashville so I am happy cause that's my home town but then he also made that joke...
@japerez021 Жыл бұрын
My Alexa reacted to your voice commands. 😊
@melinawolfs9611 Жыл бұрын
Omg what happened to Geography! In 7:54, they market Poland as Germany!!!
@ehlava Жыл бұрын
He got a lot wrong here but he gets a lot right, and he has a truly orthogonal way of thinking that is worth hearing even if it is wrong or you dont believe the angle, good stuff. Now hopefully he can get aboard how science and health has be co-opted by mega-cap medical companies... but he is probably bought and paid for by them in one way or another, so maybe not. Still worth listening to, just dont follow his stock picking.
@nitramluap7 жыл бұрын
So, in short, we're all being played... great.
@LetTheWritersWrite7 жыл бұрын
That's how it's been the past decade. Its been about presence and propaganda, not profits- but we're about to see an implosion. This "new" way of running of a company is simply the idea of running on a deficit. Google is about to face reality with a huge reversal. It'll go down to $899 by October. Amazon is about to implode buying a brick and mortar chain, Wholefoods, and they're gonna get slapped in the face with how real businesses can't run on a deficit.
@Theninja1147 жыл бұрын
Or maybe these companies have learned that what the shareholder wants is cancer to a company. Just look at DuPont to see what it means to pursue profit instead of R&D. (Hint. They are being bought, split up, and sold)
@nitramluap7 жыл бұрын
And they'll likely take all those small businesses (and us) with them when they implode. What a mess.
@knifeyonline7 жыл бұрын
yeah if you didn't know that already you're a bit slow lol
@nitramluap7 жыл бұрын
That was what is known as a 'rhetorical statement', but thanks for taking the time to reply.
@hectorpineda67157 жыл бұрын
I love you Scott ❤️❤️❤️
@evanriddle16146 жыл бұрын
Fr James V Schall, "the last Jesuit" as he is called, is the master of polity, society and spirituality. Galloway occupies the same strata in economics... and beyond. I think they need to have coffee together some time.
@LuizCent7 жыл бұрын
Amazon partners with brands the way a virus partners with a host. LMFAO
@nodakamakadon6 жыл бұрын
A body like the ACCC would not tolerate Alexa returning such results on query. The US has such weak consumer protections.
@Mafeni19XX7 жыл бұрын
Cheers Scott.
@EnragedSephiroth7 жыл бұрын
Damn he's good at marketing.
@alternergo96607 жыл бұрын
This triggered my Echo a million times :-)
@lxahub19976 жыл бұрын
We will be interviewing Professor Scott Galloway about his book 'The Four' as part of our book club. If you have any questions for him you can email us at hello@martechalliance.com.
@alainportant64122 жыл бұрын
3:45 That was before they start purging the internet and broke their algorithm
@casual_designer7 жыл бұрын
15:00 isn't L2 following the same business model?
@cnkumar207 жыл бұрын
someone please share that first image, i want make printed on Tshirt
@MarkusF4607 жыл бұрын
7:51 I think Germany is a bit more on the left side ;-)
@nicolasbolduan78883 жыл бұрын
Was looking for a comment like that way to long in that comment section. I think he might have an older map of Germany ;) :D
@gaslitworldf.melissab28975 жыл бұрын
Suddenly, I just realized that the name "Amazon" defines the greatest source of oxygen in the wild on earth and a mythical group of women who were so badass that men couldn't take them down. Giants. To think this started out as a bookseller - in a nation that doesn't really enjoy reading. Something like 50 percent of books are purchased by ten percent of buyers. Yet, Amazon is now a Gilgamesh.
@donaldbass6737 Жыл бұрын
Not “Bradley” tanks. “Sherman” tanks. Bradley fighting vehicles did not exist in WWII. And the Panzer was vulnerable from more angles than just the back. He’s referring to the “Tiger”. Great talk..but let’s get those right.
@Champstamp837 жыл бұрын
I'm watching this on my vr headset
@nitramluap7 жыл бұрын
36:31 You can get into a phone with a court order too. It is an offence to refuse to unlock your phone when directed by a court. No different to a warrant to search any other property. I DO NOT want someone to be able to access my data WITHOUT my permission or a court order. Apple's respect for privacy should be admired, not admonished.
@Xoediac7 жыл бұрын
It seems silly to me at this point that I still hear people mention that they boycott Walmart, because they put the little guys out of business, but most of their shopping is done over Amazon.
@Faust__07 жыл бұрын
Who's the middle guy at 41:36?
@duronboy27 жыл бұрын
Amazon as a search. Please. You can NOT find what you're looking for on Amazon unless it's a common item and they want you to find it.
@LetTheWritersWrite7 жыл бұрын
Amazon is going to take a hit and break Scott's heart.
@LetTheWritersWrite7 жыл бұрын
And Google will be down to 899 by October.
@peterchung71516 жыл бұрын
check out the earnings & after hours today lol ie Amazon up 8% to $1,046 & Googl up 3% to $1,019
@kassim61546 жыл бұрын
In what way is hardware 'innovation' measured in the case of Amazon (Alexa) supposedly making more innovative hardware than apple?
@CreateCraftLabАй бұрын
6 years later today, i wonder whats the new statistic of all
@ec0n1n0thuman6 жыл бұрын
Padawan
@wilhelmheinzerling53414 жыл бұрын
Why is Darwin next to Rand and Vader?
@InvestOrama7 жыл бұрын
This Amazon reasoning is only true as long at the price holds but what if 2017 = 1999? Then not only their stock crashes but their comparative advantage disappears...and that may happen before it hits the trillion $ valuation
@psychogat37 жыл бұрын
i wish i had access to the questions on google that have never been asked before. its probably about 90% junk but the other 10 percent of those questions are probably the ones that could solve some huge problem if they were answered. its kind of scary if you think about it. before anyone makes some life changing invention they will probably try to google it first and then google can just sift through all those unique questions and steal everyone's ideas then put a couple million bucks into it before the person who had the idea even has a chance. or just find the most searched for product that doesn't exist yet and start making it.
@Borac97 жыл бұрын
Who was next up after Scott?
@rosh70 Жыл бұрын
Imagine being in his classroom. I've heard him many times, he's a savant.