Amazon

Scott Galloway predicts Amazon will be the fastest-growing healthcare company by 2025 and many US universities may never reopen, and he says the best time to start a business is in the depths of a recession

  • The New York University professor Scott Galloway is deeply critical of companies that used profits during the bull market for stock buybacks, describing bailouts of such firms as “capitalism on the way up and socialism on the way down.”

  • He told Insider’s Sara Silverstein that every large government program was designed to maintain the wealth of baby boomers at the expense of younger generations.

  • Galloway predicts that Amazon will be the fastest-growing healthcare company in the world by 2025. It’s no accident, he says, that the company is investing a lot of money in better COVID-19 testing.

  • Galloway says the second-most-disruptable industry, after healthcare, is education. He expects the top institutions to see a dip and come back stronger but says many second-tier universities may never reopen.

  • The professor recommends taking a gap year if you are supposed to start your undergraduate or business-school program this fall. He expects it

Read More