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Vivek Ramaswamy

๐Ÿ‘ค Speaker
4028 total appearances

Appearances Over Time

Podcast Appearances

Andrew Schulz's Flagrant with Akaash Singh
Vivek: Kicked out of DOGE? Elon Beef? Trump Relationship and More

You wanna know what the biggest source of income inequality is? We can gripe about CEOs or whatever. It's actually compound interest. It's compound interest and not compound interest in bonds or in the bank account. It's compound interest in the stock market. You're talking about kids graduating with enough money to not only pay for all of college, but have enough to start their small business.

Andrew Schulz's Flagrant with Akaash Singh
Vivek: Kicked out of DOGE? Elon Beef? Trump Relationship and More

You wanna know what the biggest source of income inequality is? We can gripe about CEOs or whatever. It's actually compound interest. It's compound interest and not compound interest in bonds or in the bank account. It's compound interest in the stock market. You're talking about kids graduating with enough money to not only pay for all of college, but have enough to start their small business.

Andrew Schulz's Flagrant with Akaash Singh
Vivek: Kicked out of DOGE? Elon Beef? Trump Relationship and More

You wanna know what the biggest source of income inequality is? We can gripe about CEOs or whatever. It's actually compound interest. It's compound interest and not compound interest in bonds or in the bank account. It's compound interest in the stock market. You're talking about kids graduating with enough money to not only pay for all of college, but have enough to start their small business.

Andrew Schulz's Flagrant with Akaash Singh
Vivek: Kicked out of DOGE? Elon Beef? Trump Relationship and More

But I got to stop you for one second, just so people can understand. This is the kind of thing we should be talking about. When you say invest in the stock market, you're talking about... No, it's not. It's not welfare to me. In fact, and let me just make the case to people who would disagree.

Andrew Schulz's Flagrant with Akaash Singh
Vivek: Kicked out of DOGE? Elon Beef? Trump Relationship and More

But I got to stop you for one second, just so people can understand. This is the kind of thing we should be talking about. When you say invest in the stock market, you're talking about... No, it's not. It's not welfare to me. In fact, and let me just make the case to people who would disagree.

Andrew Schulz's Flagrant with Akaash Singh
Vivek: Kicked out of DOGE? Elon Beef? Trump Relationship and More

But I got to stop you for one second, just so people can understand. This is the kind of thing we should be talking about. When you say invest in the stock market, you're talking about... No, it's not. It's not welfare to me. In fact, and let me just make the case to people who would disagree.

Andrew Schulz's Flagrant with Akaash Singh
Vivek: Kicked out of DOGE? Elon Beef? Trump Relationship and More

The full market.

Andrew Schulz's Flagrant with Akaash Singh
Vivek: Kicked out of DOGE? Elon Beef? Trump Relationship and More

The full market.

Andrew Schulz's Flagrant with Akaash Singh
Vivek: Kicked out of DOGE? Elon Beef? Trump Relationship and More

The full market.

Andrew Schulz's Flagrant with Akaash Singh
Vivek: Kicked out of DOGE? Elon Beef? Trump Relationship and More

So the difference in inequality... at the highest levels, is explained by people who are invested broadly in the stock market versus people who are not. Over long periods of time.

Andrew Schulz's Flagrant with Akaash Singh
Vivek: Kicked out of DOGE? Elon Beef? Trump Relationship and More

So the difference in inequality... at the highest levels, is explained by people who are invested broadly in the stock market versus people who are not. Over long periods of time.

Andrew Schulz's Flagrant with Akaash Singh
Vivek: Kicked out of DOGE? Elon Beef? Trump Relationship and More

So the difference in inequality... at the highest levels, is explained by people who are invested broadly in the stock market versus people who are not. Over long periods of time.

Andrew Schulz's Flagrant with Akaash Singh
Vivek: Kicked out of DOGE? Elon Beef? Trump Relationship and More

And the way the math works on the compound interest is like if you- What is 10 grand over 10 years or 20 years? You know, I mean, it depends on, you know, if you're talking about a 20% rate of return, you're talking about hundreds of thousands of dollars. Well, let's go 10% versus S&P is what, seven? Pull the spreadsheet, we'll do the math. S&P is more than that. You're talking about-

Andrew Schulz's Flagrant with Akaash Singh
Vivek: Kicked out of DOGE? Elon Beef? Trump Relationship and More

And the way the math works on the compound interest is like if you- What is 10 grand over 10 years or 20 years? You know, I mean, it depends on, you know, if you're talking about a 20% rate of return, you're talking about hundreds of thousands of dollars. Well, let's go 10% versus S&P is what, seven? Pull the spreadsheet, we'll do the math. S&P is more than that. You're talking about-

Andrew Schulz's Flagrant with Akaash Singh
Vivek: Kicked out of DOGE? Elon Beef? Trump Relationship and More

And the way the math works on the compound interest is like if you- What is 10 grand over 10 years or 20 years? You know, I mean, it depends on, you know, if you're talking about a 20% rate of return, you're talking about hundreds of thousands of dollars. Well, let's go 10% versus S&P is what, seven? Pull the spreadsheet, we'll do the math. S&P is more than that. You're talking about-

Andrew Schulz's Flagrant with Akaash Singh
Vivek: Kicked out of DOGE? Elon Beef? Trump Relationship and More

compound stock market returns over long periods of time. You're talking about double digit returns and that multiplies itself. So a dollar first becomes a dollar and 10 cents, but it's not a dollar and 10 cents times a dollar and 10 cents. And so you're actually multiplying that whole effect.

Andrew Schulz's Flagrant with Akaash Singh
Vivek: Kicked out of DOGE? Elon Beef? Trump Relationship and More

compound stock market returns over long periods of time. You're talking about double digit returns and that multiplies itself. So a dollar first becomes a dollar and 10 cents, but it's not a dollar and 10 cents times a dollar and 10 cents. And so you're actually multiplying that whole effect.

Andrew Schulz's Flagrant with Akaash Singh
Vivek: Kicked out of DOGE? Elon Beef? Trump Relationship and More

compound stock market returns over long periods of time. You're talking about double digit returns and that multiplies itself. So a dollar first becomes a dollar and 10 cents, but it's not a dollar and 10 cents times a dollar and 10 cents. And so you're actually multiplying that whole effect.

Andrew Schulz's Flagrant with Akaash Singh
Vivek: Kicked out of DOGE? Elon Beef? Trump Relationship and More

I know what you're talking about. Okay. And this... pisses me the hell off because I know how cynical the intentions are of just deceiving and straight up lying to people about it. And at some point- But about what? Yeah, so I'll lay out for you. So like there's this false allegation that somehow there was an Alzheimer's trial that I made a bunch of money off of that failed. It's bullshit.

Andrew Schulz's Flagrant with Akaash Singh
Vivek: Kicked out of DOGE? Elon Beef? Trump Relationship and More

I know what you're talking about. Okay. And this... pisses me the hell off because I know how cynical the intentions are of just deceiving and straight up lying to people about it. And at some point- But about what? Yeah, so I'll lay out for you. So like there's this false allegation that somehow there was an Alzheimer's trial that I made a bunch of money off of that failed. It's bullshit.