Jack Crivici-Kramer

Social Security's become the third rail of politics.

But in this letter, Larry Fink highlights an opportunity.

to fix social security and get every American in on the stock market while he's doing it.

Because in between the payroll tax and the benefit checks going out, in between is a $2.8 trillion trust fund that's doing nothing right now.

And it's doing nothing by law because the social security trust fund can only invest in zero risk assets like government bonds.

So Jack, what's the suggestion to get social security off the sidelines?

Basically, put Shaq in.

Yeah.

Get that money off the sidelines and put it into the stock market.

Have social security investing in Nvidia, JP Morgan, Costco, Ralph Lauren, the rest of the stock market.

Now we should point out the conflict of interest.

Larry and his financial firm would benefit tremendously if we did this.

Larry would be sitting there and taking a 0.1% management fee on that 2.8 trillion bucks.

And you know what that sounds like.

Exactly.

And also, social security is supposed to be, you know, secure.

But Jack, to quote our buddy Jimmy Kramer from our recent interview with him, the only safe strategy is growth.

So Jack, what's the takeaway for all our buddies wondering about Larry Fink's legendary letter?

Fear of investing is more dangerous than the risk of investing.

Now, Yetis, you're going to notice what we're saying here.