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The kids I see are lazy. Nobody wants to work. I teach physics. It takes years to master. But all the kids want to dress like Charlie Sheen and make a million dollars before they’re twenty-eight. The only way you can make that kind of money is in law, investment banking, Wall Street. Places where the game is paper profits, something for nothing. But that’s what the kids want to do, these days.

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En la actualidad, los médicos enfrentan problemas económicos que yo no le desearía ni a mis peores enemigos: las compañías de seguros se están apoderando de sus negocios, la industria de la salud está manipulada, el gobierno interviene y, además, abundan las demandas por negligencia. Hoy en día los niños quieren convertirse en atletas famosos, en estrellas de cine o de rock, en reinas de belleza o directores de grandes empresas, porque esas son las profesiones que proveen fama, dinero y prestigio. Es por esto que cuesta tanto trabajo mantener motivados a los chicos en las escuelas.

I learned that kids are like actors on a set: They want to know that their director gives a shit, has an actual plan and, just maybe, knows what he’s doing. In other words, they want leadership. And you can’t attempt to lead by being all things to all people or a slave to PC society

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Millennials, by contrast, have internalized the need to find employment that reflects well on their parents (steady, decently paying, recognizable as a “good job”) that’s also impressive to their peers (at a “cool” company) and fulfills what they’ve been told has been the end goal of all that childhood optimization: doing work you’re passionate about, which will naturally lead to other “better life outcomes.

One thing should be clear to you now. Money-making is aggression. That's the whole thing. The functionalistic explanation is the only one. People come to the market to kill. They say, 'I'm going to make a killing.' It's not accidental. Only they haven't got the genuine courage to kill, and they erect a symbol of it. The money. They make a killing by fantasy.

Too many people today on Wall Street go for the quick
buck at the expense of their reputation and client satisfaction, the
rationale being “let’s make the money while we can and retire early
in the sun.” For me, this is not a sprint but a marathon, besides the
fact that, in my definition, overnight success is 15 years. Anyone who
does not understand the basic tenets of this philosophy is not someone
I can or will do business with.

The most important skill for getting rich is becoming a perpetual learner. You have to know how to learn anything you want to learn. The old model of making money is going to school for four years, getting your degree, and working as a professional for thirty years. But things change fast now. Now, you have to come up to speed on a new profession within nine months, and it’s obsolete four years later. But within those three productive years, you can get very wealthy.

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