00:00:00
coming to Davos. So, getting invited 99 was literally the biggest thing that happened to me professionally to that
00:00:05
point in my life. Now, quite frankly, I've been here about four hours in the
00:00:08
morning thinking about leaving because I miss my boys and I'm not raising money
00:00:12
or running for president. So, it's like why the [ __ ] am I here? It's all
00:00:15
meaningful. What's profound is relationship, specifically having people in your life you care about more
00:00:23
than you care about yourself. It's not easy for me. I've been here as I said 26
00:00:27
years. Google had just gone public although it was private. Amazon was sort of a curiosity. By the way, that's the
00:00:33
year video went public. It was about 12 bucks a share. That's I think it's the
00:00:36
best investment in history since then. People had trust in institutions and now I would argue men have lost
00:00:43
trust in institutions and being pulled into pretty dark places. In terms of >> the economy 99 felt optimistic, housing
00:00:52
was tethered to wages. College was affordable. Middle class was growing. Now, asset prices have vastly outpaced
00:01:00
inflation. They increase serious income inequality. In many ways, we're richer
00:01:03
and safer, but we feel more anxious and more lonely. 99 was like, I don't know,
00:01:09
I want more, and now it's more like, I just hope it doesn't get worse. Copy you. Anyways,
00:01:19
relationships are everything. Here Davos.