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Brad Gerstner (@altcap) says it took Trump <5 min to decide he wanted Trump Accounts for all American children: “[@MichaelDell & I] weren't even there 5 min when he said, ‘This is the whole meaning of my presidency. It's the Main Street agenda. We're going to make this happen.’” “He picks up the phone, calls the Speaker of the House, and said, ‘Get it in the bill.’”
Molly O’Shea@MollySOShea6h ago
NEW: Brad Gerstner (@altcap), Founder of Invest America, on scaling Trump Accounts w/ Michael Dell (@MichaelDell): “We forecast that within the next 10 years, we will have $4 trillion in Trump Accounts.” “This is $4 trillion of wealth transfer to kids who would've otherwise had zero, who feel like they're totally out of the game.” Stats: › 70M U.S. kids under 18 is the goal › $6.25B committed by Michael & Susan Dell to fund $250 investment account deposits for 25 million U.S. children aged 10 & under › Up to $100M personally pledged by Brad for children in Indiana › $4T in Trump Accounts within 10 years, Brad forecasts › $1,000 federal seed for eligible newborns 𝐓𝐈𝐌𝐄𝐒𝐓𝐀𝐌𝐏𝐒 (00:00) Putting $150 Into a Trump Account (02:53) How Trump Accounts Work (03:08) Building Invest America (03:25) Scaling From 9M to 70M Accounts (03:43) Brad Gerstner & Michael Dell’s Contributions (04:01) Forecasting $4T in Trump Accounts (05:06) From Idea to Federal Law (05:25) The “IPO” & Scaling to 70M Accounts (06:31) Teaching 750K Kids Financial Literacy (07:12) The Power of Compounding (07:51) The Pushback on Trump Accounts (08:07) Bipartisan Support (08:47) Taking the Idea to President Trump (09:21) “The Giving Pledge 2.0” (10:22) Brad’s AI Safety Take (10:40) Elon, Dario & Jensen on AI Risk (11:14) A New Consensus on AI Safety (11:31) China & AI Peer Review (11:48) Finding the “Commonsensical Middle Way”
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