POINTS AND FIGURES: Setting the bar low. “Listening to younger people than me posit theories of wealth. There are common themes that I hear.”

Plus: “My biggest worry in the US is that the opportunity to build wealth is dropping. It’s not dropping due to anything except terrible public policy. Covid lockdown policy ensured that we saw the largest transfer of wealth from small business to big business we have ever seen. But, it’s not just a dumb policy like lockdown.”