Jaspreet Singh
๐ค SpeakerAppearances Over Time
Podcast Appearances
So now when you spend those more dollars at Chipotle, who's getting those more dollars?
It's the owners of Chipotle, the investors.
And then finally is our system is designed to benefit the investor.
As a licensed attorney, who's not your attorney, I can tell you that when you earn your money as an investor,
you are going to pay a lower tax rate than when you earn your money as an employee.
That's why it is so important to understand the rules of money because our entire system is designed to make the financially savvy wealthier while everybody else is paying the price.
I'll give you one more example.
When I was in law school, I learned about this concept called fiduciary duty.
And what I didn't understand and what I learned is that
The CEO of a company, your boss, has a fiduciary duty to make one person rich.
Do you know who that is?
It's not the employees at the company.
It's not the customers at the company.
It is the owners of the company, the investors in the company.
The CEO has to make decisions to make the investors rich.
And we're never taught to become an investor.
We're taught to become an employee.
Now, it's not bad to work a job.
That's not what I'm saying.
In fact, that's probably the best thing for most people.