Investigating The Mormon's $100 Billion Hedge Fund (#424)

About this video

Sam and Shaan explore what they argue is the greatest business model of all time: organized religion. They detail the Mormon Church’s $100+ billion hedge fund, its tax-exempt status, volunteer workforce, and massive real estate holdings, then pivot to discussing “psyops as a service” (hacking and disinformation for hire), fake live-streaming apps, and SEO-driven content manipulation. The episode concludes with Shaan recounting advice from NFX founder James Currier on audience positioning and partnership philosophy.

Key takeaways

• Sam proposes religion as the ultimate business: tax-exempt status, high lifetime customer value, global scale, volunteer labor, real estate assets, and products (faith, community) that spread via word-of-mouth and family networks.
• Their guest Ben explains the Mormon Church’s $100+ billion hedge fund accumulated from member tithes (claimed at $7–30 billion annually) and business holdings, which the church frames as a ‘rainy day fund’ despite limited charitable redistribution.
• Shaan describes Team George (an Israeli “psyops as a service” firm) that hacks phones for $50k, manipulates elections for $6 million, and uses 39,000+ fake social media profiles to fabricate viral narratives and disinformation campaigns.
• Shaan recounts how content ranking (Google, media, affiliate sites) is driven by SEO optimization and affiliate incentives rather than editorial accuracy, meaning what ranks highest is often what pays best, not what’s true.
• James Currier advises Shaan to position MFM in the ‘quality over volume’ market (premium founder audience) rather than sliding downmarket toward hustle porn and survival content, as content positioning defines the network and deal flow you attract.
• Stan, James Currier’s long-term partner, describes successful partnerships as a ‘giving contest’ where both parties prioritize what they contribute rather than what they extract; James exemplified this by evening equity before their first exit.

Episode details: published February 28, 2023 · 25K views · 1:13:57 long. Summary written by Self Growth Videos from the episode itself. The business ideas, figures and results discussed are the hosts’ and guests’ own claims, shared as brainstorming and entertainment — not verified facts and not investment advice.

← Previous: This Family Made $100M+ From COVID!! (#423) · Next: This Guy Is Richer Than Jeff Bezos & Elon Musk… (#425) →

All My First Million videos · My First Million profile · My First Million (official site)