Elon Musk: I am not Buffett's biggest fan

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Elon Musk spoke with Joe Rogan and here some of the highlights from the two-hour podcast.

Tesla CEO Elon Musk said that fewer people should start careers in finance and law and instead focus on innovation.

“In the United States especially, there’s an over allocation of talent in finance and law. Basically too many smart people go into finance and law,” Musk said in an interview with the comedian Joe Rogan that aired Thursday.

When asked by Rogan if being a billionaire makes people see him in a different light, Musk said yes.

“In recent years, billionaire has become a pejorative, like that’s become a bad thing, which I don’t think makes a lot of sense in most cases,” Musk said.

But he distinguished people who became rich by founding a company that builds things, versus those who earned their wealth through financial engineering or other means. “If you organize people in a better way, to produce products and services that are better than what existed before and you have some ownership in that company, that essentially gives you the right to allocate more capital.”

“So this is both a compliment and a criticism,” Musk added. “We should have fewer people doing law and fewer people doing finance and more people making stuff.”

Musk said that manufacturing shifted from being a highly valued job to one that’s “looked down upon,” though the value is there.

“Making a car is an honest day’s living, that’s for sure,” Musk said.

The CEO also addressed his recent vow on Twitter to sell the majority of his physical possessions, which he said weigh him down.

“I have a bunch of houses, but I don’t spend a lot of time in most of them. That doesn’t seem like a good use of assets. Somebody could probably be enjoying those houses and get better use of them than me.”

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24 COMMENTS

  1. Buffet is a loser and Elon musk is a loser !! I’m a winner because I got y’all taxpayers paying for my welfare every month !! I just sit back in section 8,smoke weed,watch tv,and get money mail to me every month

  2. I like this guy. Elon is not a ass kisser. He goes against the grain. You got my vote should you run for President. Another Trump in the making.

  3. It's kinda scary how the news creates their own own context. Musk didn't answer that question to justify the difference between himself and Warren Buffet he answers Rogan question in the context of what drives him, of course his passion for building things. I hate how they just cut the clip there as if Musk throwing shade…I only clicked the video to verify..that's sh*** funny

  4. Didn't elon needed funding when he started out …..like of buffet are the one who evaluates his idea and enables him to do what he wants to do ….i am a big fan of elon but i guess he is losing his marbles

  5. just open the podcast and look at comments. there are time stamps about every topic they talked. you can simply click and listen the interesting ones. no need for this stupid outdated media.

  6. "one of the more interesting things he talked about was the shelter in place orders". Elon was talking about how he's developing computers he plans to link to peoples brains to potentially be able to cure every mental illness and essentially create cyborgs. How tf is his opinion about a shelter in place law more interesting?

  7. Everybody needs to make money sister Elon musk is smart enough to know that he needs 6ft of distance and the hospital trends people that stay home gets the virus

  8. Buffett is wrong why are going to ball out on the airline industry dude people still need to travel and only you are going for how many people is on an airplane airplane are valuable with people or without people !!!!!!!!!!!!!!!!!!!!!

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