The most profitable client on Wall Street is not the richest one. It is the most certain one. The investor who is absolutely convinced a position only goes up is the easiest person in the world to sell more product to.
The real estate industry has spent decades convincing you that buying a home is always a smart investment. It’s one of the most successful lobbying and marketing operations in American history, and you are the product.
A study identified something the financial industry has been quietly doing for decades, and it proves what I have been saying for years. If you are not already wealthy enough to impress a big firm’s account minimums, they have already written you off.
The financial industry has spent decades convincing you that investing is so complicated you need to hand your money to someone with a fancy algorithm and a sharp suit. I spent time on that side of the table, and I am here to tell you it is a con.
The big wirehouses and their slick TV commercials want you dreaming about vineyards in Napa. I want you to wake up and look at your actual account balance. Those are very different conversations.
If you have less than a million dollars saved, the biggest wealth management firms in America have officially decided you are not worth a single human hour of attention. And they are not even hiding it anymore.
The higher education industry has been running one of the longest-lasting financial cons in American history, and parents keep lining up to hand their kids the bill. I’m done being polite about it.
I was asked to do a “deep dive” into the latest inflation numbers this week during a daily television hit in the San Francisco–Oakland market. The headline figures were being celebrated: 2.7% CPI, 2.6% core. Victory laps everywhere. And my reaction was simple—you can’t take a deep dive into the shallow end of the pool without cracking […]
December 2025 Every new survey tells the same story, and Americans don’t need polling data to confirm what they feel every time they check out at the grocery store. The latest CNBC All-America Economic Survey shows that for the first time, people say they’re spending more simply because prices are higher—not because they’re buying more. Inflation has quietly crushed household budgets, especially […]
I’ve said this before on the program, but it’s worth repeating: there is no such thing as “priorities.” There can only be one priority. The word itself is misleading. Once you have more than one, you’ve already lost focus. For me, that priority is simple: God and my family. They’re not separate categories. They’re the same thing. That single priority guides everything I do—how I work, how […]