00:00:00
coming to Davos. So, getting invited 99
00:00:02
was literally the biggest thing that
00:00:03
happened to me professionally to that
00:00:05
point in my life. Now, quite frankly,
00:00:07
I've been here about four hours in the
00:00:08
morning thinking about leaving because I
00:00:09
miss my boys and I'm not raising money
00:00:12
or running for president. So, it's like
00:00:14
why the [ __ ] am I here? It's all
00:00:15
meaningful. What's profound
00:00:18
is relationship, specifically having
00:00:20
people in your life you care about more
00:00:23
than you care about yourself. It's not
00:00:25
easy for me. I've been here as I said 26
00:00:27
years. Google had just gone public
00:00:30
although it was private. Amazon was sort
00:00:31
of a curiosity. By the way, that's the
00:00:33
year video went public. It was about 12
00:00:34
bucks a share. That's I think it's the
00:00:36
best investment in history since then.
00:00:38
People had trust in institutions and now
00:00:40
I would argue men have lost
00:00:43
trust in institutions and being pulled
00:00:45
into pretty dark places. In terms of
00:00:48
>> the economy 99 felt optimistic, housing
00:00:52
was tethered to wages. College was
00:00:55
affordable. Middle class was growing.
00:00:57
Now, asset prices have vastly outpaced
00:01:00
inflation. They increase serious income
00:01:01
inequality. In many ways, we're richer
00:01:03
and safer, but we feel more anxious and
00:01:07
more lonely. 99 was like, I don't know,
00:01:09
I want more,
00:01:11
and now it's more like, I just hope it
00:01:14
doesn't get worse. Copy you. Anyways,
00:01:19
relationships are everything.
00:01:21
Here Davos.
