The Liquidity Event · 2026-06-18 · 35 min
AJ is fresh off the best concert of her life, and Shane is headed to the World Cup, so episode 192 kicks off with appropriate energy before diving into some of the meatiest topics the pod has covered in a while. They start with a Wall Street Journal piece about an elite retreat where children of ultra-high-net-worth families learn how not to blow their inheritance. AJ renames it Slumlord Training Camp, and she is not wrong. The conversation turns into a broader discussion about wealth hoarding, trickle-down economics, and why the top 0.001% of Americans added $2.7 trillion in wealth between 2020 and 2025 - roughly 250 people, for the record. From there, AJ and Shane dig into PwC's report on how AI is splitting the labor market into two distinct tracks, what it means for entry-level workers, and why your intern is now literally Claude. They also break down Zillow's latest housing market report and why you should always read the fine print on who is paying for the research. And they close on the Nest Egg Protection Act, a Republican proposal to give homeowners over 65 a one-million-dollar capital gains exclusion, and why AJ thinks we will never hear about this bill again.
Bobby Bonilla Day, Sports Team Valuations and the Rise of Women's Sports - Episode 19454 / 100SpaceX IPO Day, AI Cybersecurity Risks and When an S Corp Actually Makes Sense - Episode 193The Economics of Egg Freezing, Fertility's Last Taboo and Building Cofertility with Special Guest, Lauren Makler - Episode 191Carta's Equity Proposal, Oura Ring's IPO and Robinhood's AI Trading Tool - Episode 190Semi-Annual Reporting, Rent on Your Credit Score and ChatGPT's Portfolio Fail - Episode 189