The New Rules of Building Wealth | Bullish

Building wealth used to follow a formula but today, it’s easier than ever to play the markets. When investing is at your fingertips, is it a chance at generational wealth? Or a siren call for suckers? 00:00 Everyday people share their financial knowledge 00:48 Intro to the new rules of financial literacy 02:00 Intro to author and financial educator Kyla Scanlon 05:38 Online trading explodes during the pandemic 07:26 How to build generational wealth 09:11 Intro to contrarian investor Mellody Hobson, co-CEO of Ariel Investments 10:59 How Mellody Hobson’s childhood led her to a career in finance 13:12 How Hobson became a contrarian investor 15:59 What it means to invest the Warren Buffett way 17:10 Mellody Hobson on the Great Financial Crisis and why she’s a Capitalist 20:11 Kyla Scanlon on how GenZ’s nihilism impacts life decisions 21:16 Kyla Scanlon on why investing is worth it 22:26 Sonali Basak reflects on financial literacy (Corrects reference in video to the year Ariel Investments was founded.) -------- Like this video? Subscribe: http://www.youtube.com/Bloomberg?sub_confirmation=1 Get unlimited access to Bloomberg.com for $1.99/month for the first 3 months: https://www.bloomberg.com/subscriptions?in_source=YoutubeOriginals Bloomberg Originals offers bold takes for curious minds on today’s biggest topics. Hosted by experts covering stories you haven’t seen and viewpoints you haven’t heard, you’ll discover cinematic, data-led shows that investigate the intersection of business and culture. Exploring every angle of climate change, technology, finance, sports and beyond, Bloomberg Originals is business as you’ve never seen it. Subscribe for business news, but not as you've known it: exclusive interviews, fascinating profiles, data-driven analysis, and the latest in tech innovation from around the world. Visit our partner channel Bloomberg News for global news and insight in an instant.