Open Book with Anthony Scaramucci - December 2025 Q&A: Future of MAGA, Advice To My Younger Self, Favorite Book, and more
Episode Date: December 4, 2025📚 Books mentioned in this episode: First Things First by Stephen Covey https://amzn.to/4pLYEs0 Learned Optimism by Martin E. P. Seligman https://amzn.to/44566pR Think and Grow Rich by Napoleon Hil...l https://amzn.to/3Kmkwez The Richest Man in Babylon by George S. Clason https://amzn.to/4417DgE How To Win Friends and Influence People by Dale Carnegie https://amzn.to/4phSDUc Goodbye Gordon Gekko by Anthony Scaramucci https://amzn.to/4ix8Ou6 The Greatest Gift by Philip Van Doren Stern https://amzn.to/48hL0qL The Power Broker by Robert Caro https://amzn.to/3MdtlrG The Years of Lyndon Johnson Series by Robert Caro https://amzn.to/48ievc2 Franklin D.Roosevelt by Robert Dallek https://amzn.to/44EqGxn Traitor to His Class by H. W. Brands https://amzn.to/48x57QG Roosevelt: The Lion and the Fox by James MacGregor Burns https://amzn.to/48jrgDb The Soldier of Freedom by James MacGregor Burns https://amzn.to/48ticu3 Anthony Scaramucci is the founder and managing partner of SkyBridge, a global alternative investment firm, and founder and chairman of SALT, a global thought leadership forum and venture studio. He is the host of the podcast Open Book with Anthony Scaramucci. A graduate of Tufts University and Harvard Law School, he lives in Manhasset, Long Island. 📚 Get a copy of my books: Solana Rising: Investing in the Fast Lane of Crypto https://amzn.to/43F5Nld From Wall Street to the White House and Back https://amzn.to/47fJDbv The Little Book of Bitcoin https://amzn.to/47pWRmh The Little Book of Hedge Funds https://amzn.to/43LbM83 Hopping over the Rabbit Hole https://amzn.to/3LaykJb Goodbye Gordon Gekko https://amzn.to/47xrLYs 🎥 𝗕𝗼𝗼𝗸 𝗮 𝗖𝗮𝗺𝗲𝗼 𝘄𝗶𝘁𝗵 𝗔𝗻𝘁𝗵𝗼𝗻𝘆! https://www.cameo.com/themooch 🎙️ Check out my other podcasts: The Rest is Politics US - https://www.youtube.com/@RestPoliticsUS Lost Boys - https://youtube.com/playlist?list=PLYFf6KS9ro1p18Z0ajmXz5qNPGy9qmE8j&feature=shared SALT - https://www.youtube.com/c/SALTTube/featured 📱 Follow Anthony on Social Media Instagram - https://www.instagram.com/scaramucci/ X - https://x.com/Scaramucci LinkedIn - https://www.linkedin.com/in/anscaramucci/ TikTok - https://www.tiktok.com/@ascaramucci?lang=en YouTube - https://www.youtube.com/@therealanthonyscaramucci Learn more about your ad choices. Visit podcastchoices.com/adchoices
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Hey, everybody, welcome back to Open Book.
I've been reading all your comments on YouTube, LinkedIn, Instagram, and for the first time, TikTok.
And I've been loving the feedback on the questions, and I've got everything right here.
I'm going to get started right away.
And so the first question, these are the question and answer session from November,
backed by popular demand or semi-popular demand.
I don't really know exactly what it is.
But if you guys keep asking me questions, I'll keep joining in.
with my answer. So let's go to LinkedIn at Christopher R. It's becoming painfully obvious that branding
and tribal acceptance mean everything and value competence, merit, and capability mean very little
in much of corporate America. How would you combat that and are there ways to hold your
value and integrity and still get inside the tribe? Okay, so that is an insider outsider question.
Christopher R. Let me give you a couple of pieces of advice. Advice number one, where no chip on your
shoulder. And vice number two, if you're an outsider like me, you have two choices. You can be a
comfortable outsider or an uncomfortable outsider. And if you're an uncomfortable outsider,
you're going to be totally miserable. So work on being a comfortable outsider. I do not
accept that competence and merit and value are no longer part of it. It may be true.
in certain cases that you could be better and brighter,
but somebody else is getting ahead due to nepotism
or somebody else is getting ahead because of their politics
or whatever it might be.
But that's life.
You know, life is unfair.
But your best thing is to do the following three things.
Become a comfortable outsider, never play the victim,
and continue to work on your merit
and continue to work on your value and also your charm.
If you do those things, Christopher, you'll be well served.
And while some of the things that you're saying are true, you will find a place in your career and in your life where it isn't.
And you'll succeed and do very well.
So that's my message there.
Let's go to YouTube.
This is the last temp, 5437.
I love these names, by the way.
What did you like most about Trump when you were friends?
Good question.
It's going to be a quick answer, a sense of humor.
Trump has a sense of humor.
He doesn't like jokes about himself, by the way.
I mean, that's something we actually used to really tease him about because he was at such a hard-on for if you said something about him.
I mean, very sensitive that way.
But he does have a good sense of humor.
He can be very charming.
And he was easy to travel with for those reasons.
So those are some of the things that I liked about him.
I'm sure people still feel that way about him.
It's just the things that he's doing from policy perspective and some of the stretch that he's making on the executive branch are the things that stress me out more than anything else.
But that's a good question.
Instagram.
This is Marnix Timmer.
Marnix Timmermans.
My God.
My name is Marnix from Amsterdam.
And I work at booking.com and I find it quite challenging to balance coding and analytics with creative pursuits.
what advice do you have for someone who needs help balancing those two worlds?
Well, let me tell you something.
You're talking to somebody that has an extremely unbalanced life,
but I'm going to put it to you the best way that I can.
And I think Steve Covey wrote a book about this about time management.
You've got to look at the most important things.
You've got a jar.
The most important things are the rocks.
You put those in first.
The less important things are the sand.
you pour the sand in over the rocks.
So one of the big things you've got to do in your life is prioritization,
because if you don't do that, you're screwed.
Because if you put the sand in the jar first, guess what?
There's no room for the rocks.
Okay, so the sand should like wave through the rocks is the metaphor.
So I don't know your life or your career,
but my recommendation to you is figure out what you like doing,
try to focus on that, try to get a job related to that,
Make that your rocks.
And yes, I'm sure you have things that you don't like doing, which we all do.
Try to find time in and around the things that are of your highest priority.
That's my big message there.
Okay, this is X and this is at MediaWatch NW.
What would you tell a 22-year-old Anthony today knowing what you know now?
Wow.
Such a good question.
So I would say three things.
Take more risk.
I would say take yourself less.
serious. I just got done telling Christopher about having a chip on his shoulder. I think I started
at age 22 with a little bit of a chip on my shoulder. I think it cost me a little bit.
You had to relax more, be willing to laugh at yourself and be it. We only do embrace your
individuality. And whether or not you're in a tribe or not, it really doesn't matter. Just get your
mindset right. I think there were periods of self-doubt in my early 20s that I probably could
have done without. And I think you've got to just try to maintain a high level of confidence no matter
what. So that's a big, big message. I would have given my 22-year-old self. It's hard to believe
39 short years ago. Okay, LinkedIn, Jonathan Pune, what's your all-time favorite book and the one
that changed your life the most? And what's the last book you read? Okay, so let me tell you
something. I can't give you one book because there's just too many books that I've read that have very
big impact on me. But I'll give you the top three. Learned Optimism by Martin Seligman. Again, I'm not
going to talk about the Bible or the Odyssey or the classics. You'll find those on your own time. Those are
requisites. I would say think and grow rich was a very big book for me. That was by Napoleon Hill.
And then the last one, which I think is one of the big cornerstones of the reason why I'm financially
independent would be the richest man in Babylon by George Clayson. If you read those three books,
maybe you could add how to win friends and influence people as the fourth. You read those books.
You're going to be well ahead of everybody else. But not only read them, put them into practice.
Okay, Instagram, MN. Linson. What keeps you up at night? Nothing. You know, I want to keep other
people up at night. Let me tell you something. Okay, live a clean life. Uh,
live with integrity, and you'll sleep very, very well. I'm not up at night. I can't worry about
anything because everything ends in death. The great Stoics understand that you can't change anything.
And so you have to go with the flow and the ups and downs and the tribulations of life.
But I'll leave you with this thought philosophically. It's from Lao Zhu. If you think too much about your
past, you'll be depressed because in your past, back there somewhere was a mistake.
that you made, you wish you went in a different direction.
If you think too much about your future, well, you don't know the future.
And so what happens that's happening, you get anxious.
So if you're thinking too much about the past, depression, too much about the future, anxiety,
forget those things.
Think about the present and practice thinking about the present.
I can't control what's going to happen to me.
So I just got to hope and pray for the best.
Okay, let's keep going.
That was a good one, by the way.
Okay, YouTube, Lila Nandam, 1210.
This is just an ordinary person asking your advice.
I'm not famous.
Nobody knows me except work and some family members.
I have a question, do ordinary people write a memoir of themselves?
Yes, I think, yes, they do.
You can write a memoir of yourself.
I mean, before I had any level of notoriety, I wrote goodbye, Gordon Gecko.
I wrote that for my children.
It was just a perspective.
and I'll share with you the book, The Greatest Gift.
And this book, The Greatest Gift, was the reason why we have the movie, It's a Wonderful Life.
And this book was written in 1943.
And the gentleman that wrote the book, actually, he got to this book through a dream.
This is one of the more amazing stories.
And so the author is Philip Van Doren Stern.
He had a dream about this, and this was the dream of an ordinary man living in a small town who was contemplating ending his life.
And yet he was met with a guardian angel.
And the guardian angel said, well, suppose you never lived, let me show you what your town, let me show you with your family.
Let me show you all the things that could have happened if you didn't live.
a more dystopian outlook for so many different people. And the message in the book is that every
person, no matter if they're living a larger and then normal life or a popular life or one that's
publicized, they're really no less or more important than anybody else on earth. Each life is
valuable. So if you want to write that memoir, you should write it. And I bet you have really cool
insights about the world that you can share with your loved ones and the people that know you.
Let's go to Instagram Sarah Kinnahan. This is a fashion query. Sneakers with a suit and tie for men,
yes or no. I say yes. My wife says no. She hates that. Okay. X. CV Veltman. Are you still in touch
with a waiter who wanted to invest with you at the Harvard Club? Which sacrifices in your life?
do you regret the most? And what was the first country you traveled to and why? Wow,
these are great questions. Okay, so I am not still in touch with the waiter that wanted to
invest with me at the Harvard Club. I know I've shared that story with people. I'm not because
unfortunately he passed away of a heart attack about five years ago. But he was a lovely guy and
I will never forget him and the love that he had for his family. But I am not in touch with
them, unfortunately. Which sacrifices in your life do you regret the most? It's a good question.
You know, I don't really, you know, I have regrets and I've obviously made mistakes in my life,
but I think I don't really regret the sacrifices. I think you have to put the sacrifices
into the category of necessary, you know, if you're sacrificing, stay home studying,
necessary. If you're sacrificing and not consuming something and you're living by saving without a lot
of consumption basis to your disposable income, but it's giving you a nest egg to live, it's a
sacrifice, but necessary. I'm a big believer in delayed gratification. I think if you can delay your
gratification, you can build a big nest egg and you can become financially independent. And so
I'm going to say, I don't have a lot of regrets about sacrifices. And then,
what was the first country I traveled to. I was actually 14. And the first country I traveled to was
Spain. And I was in Spanish class and I had a paper route. My parents gave me permission to use some of the
money from my savings, my paper route to go on a field trip. And so we spent a week in Spain.
And I got to tour Spain as a young man with my Spanish class way back in the eighth grade.
That was a lot of fun. Okay. LinkedIn, Sandy Carter. Is there an AI?
bubble. And if so, what happens after it pops? Yes, there is an AI bubble. And what happens after it pops,
it's going to scare the daylights out of everybody. And the valuations of these stocks are going to
implode. And you would be best served to ignore that. You'd be best served to buy every month a little
bit of the stocks that you think have got great fundamentals. And if and when they do implode,
buy more of them. Because you'll be buying more volume.
of stock at lower prices and if you just stick the dollar cost averaging, let's say you put
$500 a month or $500 every six months into the market.
Prices are high, you're buy less of it, prices are low, you buy more of it, and over time
you'll be very well-served.
So we ignore the bubble activity.
You're never going to be able to guess it.
Your best bet is to stay invested in good long-term fundamental situations.
Let's keep going here.
I just finished volume two of Robert Carrow's LBJ biography.
The archival work is astounding.
Do you imagine anyone being able to write such a biography,
given how today's politics is digitally mediated to a massive extent?
So the short answer to this is no.
I've read those biographies, and if you like the biographies of LBJ,
I would recommend the power broker,
which is written by Robert Caro, was precursor to those.
And it was written about Robert Moses, who was an unelected official but had huge power in the city of New York and sort of transformed the area that I live in, which would include the five boroughs in Long Island.
And so, no, you're never going to see biographies like that.
This man was a Picasso of biography.
And so, yes, there will be other good biographies, but nothing like Robert Caros.
Instagram, Jerome Grazioli.
Jerome, how you doing? If you were president, what would you do differently to boost the economy and education? See, I could never really be president because I would tell people the truth. And when people hear the truth, they don't really like the truth and then they don't vote for the people. But it would be very simple. I would lay out 15-year plans for deficit reduction. I'd lay out a 15-year plan for rightsizing K-12 public education. I'd lay out a 15-year plan for infrastructure rebuild.
of the United States and what we would need to do as a nation to sort of renovate or rebuild our
infrastructure, which is sorely needed. And I would explain what it would cost, and I would explain
what the guardrails would have to be on the Congress to sort of slow down and stop the spending
so that we can get the GDP growth to eclipse the overall percentage of spending that we have on
the deficit. So those are things that I would do temporarily. It probably wouldn't have a big impact
on the economy, but long term, if the rest of the world thought that we had our deficit under
control, it would lead to huge investment here in the United States. So those are the three things.
Nobody in Washington has a 15-year plan, but that's what I would want. Let's go to Instagram
officially Shiva. How is being an avid reader impacted you mentally mental health cognition,
wit, et cetera? Wow, I mean, in every way possible and every way imagine, I've got books all over the place
in here, I think it makes you more interesting. I don't know who said it, but I'm going to paraphrase
it because it's not really my idea, but somebody said that you just don't have enough life
experience not to read. You've got to read so that you can pick up the life experience or the
insights from others. You've got to read whether it's fiction, so you can live vicariously in the
moment through those protagonists and antagonists. You've got to read biography, so you can
understand what other people went through in their lives to achieve. And you talk about wit.
I read a lot of humorous things because I think it's important to have a little bit of a
wit and have some level of self-deprecation. But yes, without reading, I think I would be
less interesting to people. Pick up a book, start reading. And guess what will happen? People
start listening to you. And by the way, you become a better writer on top of everything else.
So great question by officially Shiva.
This is from LinkedIn.
It's at Kalyan Mutkirji.
I hope I pronounced that right.
If I didn't, I apologize.
As a college student, I've noticed that people my age seem to care less and less about reading actual books.
So my question is whether or not you make an effort to read a physical book as opposed to something electronically.
If you notice a difference between the two mediums, I do notice a difference.
and I have a lot of hard copy books here for that reason.
I'm a hard copy traditionalist, but if I'm on a plane and I can't carry the books, I use my
iPad or I use my phone.
I'm also a big user of audible.
I'll put an earpiece in.
Sort of embarrassing, but I'll share this with you.
I was having my teeth cleaned yesterday, and I got through 45 minutes of a book with an
earpiece in one ear while I was listening to the dental hygienalus.
bare down on my teeth. So you can find the time in your schedule. Get into your piece, get an
audible.com, download the book on your phone, buy the book, and guess what happens with three
of those three different scenarios. You can get three hours a day in of reading, and you'll pick
up, you know, almost 100 books a year. Let's keep going. This is YouTube Lee 73 Lee.
Did trickle town you could obviously actually trickle down to the bottom 90% over the past 40 years?
And is it the main source of all the pain in the middle class we see today?
So I get it.
I think the point is we cut taxes on the rich.
It was supposed to trickle down on the rapport.
If you look at the numbers, it doesn't really look that way.
So I would say the trickle down economics probably didn't work the way it was intended.
But something else actually happened.
And I'm writing a book about this.
The economic rent that comes from a business.
or comes from the society, if it's split 50-50 between labor and capital, the society's generally
happening. We have a lot of aspirational people that live in labor. But if it moves, and right now it's about
53 to capital, 47 to labor, people feel very disenfranchised and they feel left out. And you've seen this
rise of populism. I think it has more to do with the way we're distributing things now in the society.
and I think a general unfairness, if you're asking me, more than trickle down, but that's my opinion.
Okay, this is Instagram.
Me Travel Mike.
How can I start investing with 50 bucks?
It's a really good question.
So I would go to Robin Hood.
I don't know what the minimums are on Robin Hood, but I would go to a low-cost brokerage.
If you can't invest with 50, why don't you put 50 away for this month,
away for the next three months and invest with 200 or if it's a 500, you know, put 50 away for 10
months until you get it to 500, whatever it might be. And then just buy the S&P 500. And then once you
get started, keep adding from there. I think you are bringing up the most important thing for
young people. Start small. That's fine. But get started and keep going. It doesn't matter
where you start. It's how you finish that makes all the difference. This is Instagram,
Michelle Etienne. What's the best way to go about asking your boss for a raise? Well, I would always go
to the boss with some backup. You know, hopefully you're working with a boss that realizes you're worth
and raises you before you ask them. But if you've got a boss, go with backup. Explain the
contributions that you're making. If you're with a good boss, it probably gave you some expectations
for the year. Did you meet or exceed those expectations? If you exceeded those expectations,
which I suspect you have, make the case for yourself. But also remember this, though,
look at the overall business. If your business is having a hard time, even though you're doing
well, and may be hard to get that raise, but said differently, though, you want to be a team
player for that boss. I let that boss know you want to participate when good times come, but you're
also patient if the if the business is going through some level of difficulty but always show
up with backup for a raise michel tic-tok at jp is lit what a great name who in your view will win
the war for maga's succession nick foentes Tucker Carlson jadey mans or vivick so i don't know i'm a
little bit removed from maga but i'm going to make a bet that none of those guys win it i think
they're too polarizing.
None of them are charming.
None of them have an ability to pull people together and build the coalition.
And I think it's going to be somebody outside of that mix that will end up surprising people.
TikTok at Steve Berner.
Do you think the Dems can take back the Senate?
No, I do not.
If you look at the demography and you look at the smaller populated red states,
I think it's going to be very horrid to do the blue states.
states have more population, the coastal states have more population, but because of the way the
republic is set up, they only get two senators. And so no, I do not think that they'll be able to
take over the Senate. I do think it's likely that they will win the House. But let's see,
what was the biography of Roosevelt you discussed a while ago on the rest is politics? Okay,
there's a couple of big biographies of Roosevelt. And so one of them is by Robert Dallek.
One of them is a traitor to his class by H.W. Brands. I think the, probably the quintessential one,
which all of the others are actually based on. And this is the one that I always, and I'm sure I brought
it up, I had to have mentioned it. It's the James McGregor Burns biography, which I think is
the definitive biography on Roosevelt. And so, okay, there were two books there. One was called
the lion and the fox. That's about his early life. And the other was called Soldier of Freedom.
And that takes you through the wartime years. Again, last book, it's actually a trilogy.
It's written by Nigel Hamilton. And what Hamilton did was he said, okay, Roosevelt died untimely.
It was unable to write his memoir. I'm going to write his memoir for him. I'm going to go to the
FDR library. I'm going to channel him. What would Roosevelt say about his life, volumes,
one, two, and three. And I love that work as well. So there's a lot of different Roosevelt books,
but those are the ones that I love the most. And it's a pretty good question to wrap on.
So what are you getting from me an open book? Read. Authors are fascinating. They do a ton of
work. They save you time. They spend hundreds of hours writing and they condense it for you and do
about 10 or 15 hours of reading. But you got to stay lit. You got to stay intellectually curious.
And if you hear screaming in the background, I'm home with my kids who are not reading right now.
Okay, but they're bombarding each other in a dodgeball game just outside my office.
So I do apologize for that.
But that's a wrap for today's Q&A episode on Open Book.
I hope you enjoyed it as much as I did.
Can you please do me if they ever send more and more questions in the year?
Remember, I'm reading all your comments.
I'm trying to respond to them.
I love hearing what's on your mind.
So keep sending the questions in.
And by the way, if I missed any of your questions, we'll be back next month with another round of answers.
And in the meantime, don't forget to subscribe, share, and leave a review if you've enjoyed the episode.
Until then, keep the conversation going.
And I'll see you next time.
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And that'll help me at.
It'll help us with the algorithm.
And it'll keep me relevant.
Okay.
So press that subscribe button.
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