The Risks of Private Credit, How to Mentor Struggling Young Men, and Surviving Layoffs
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Hogging seats on a crowded train, not saying excuse me, watching videos on your phone with no headphones in. Sometimes it feels like we don't know how to act anymore. What we have been seeing, increasingly, is people breaking rules. Why should I play by the rules if nobody else is going to do that for me? This week on Explain It to Me, how to mind your manners.
New episodes Sundays wherever you get your podcasts. Welcome to Office Hours of Propgy. This is the part of the show where we answer your questions about business, big tech entrepreneurship and whatever else is on your mind. If you'd like to submit a question for next time, you can send a voice recording to OfficeOurs of Propgymedia.com. Again, that's officehours of Propgymedia.com or post a question on the Scott Galloway subreddit and we just might feature it in our next episode.
First question. Hi, Prof. G. I've been occasionally seeing news of the quiet expansion of the private credit market and Wall Street's excitement towards it amidst the current economic turmoil. I've also been seeing banks and 401k funds beginning to hop into this lucrative market, potentially exposing people outside the high net worth threshold to the risk associated.
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