Chapter
Bitcoin's Value and Business Investments
49:29 - 55:26 (05:56)
The speaker calculated that Bitcoin would have needed to reach $2 million a coin for the Winklevoss twins and Facebook to have kept their value. Additionally, some business investments have proven to be a headache this year, despite relatively stable returns.
Clips
The speaker invested in personal real estate over the last two years, which has so far made him money above the stock market.
49:29 - 50:12 (00:43)
Summary
The speaker invested in personal real estate over the last two years, which has so far made him money above the stock market. However, he regrets it because of the amount of problems it has caused him.
ChapterBitcoin's Value and Business Investments
EpisodeThe Annual Milly Awards: The Winners, The Losers And Everything In Between - With Andrew Wilkinson
PodcastMy First Million
The speaker explains their experience investing in venture capital and how it may not be the best way to maximize capital and feel rich.
50:12 - 53:41 (03:28)
Summary
The speaker explains their experience investing in venture capital and how it may not be the best way to maximize capital and feel rich.
ChapterBitcoin's Value and Business Investments
EpisodeThe Annual Milly Awards: The Winners, The Losers And Everything In Between - With Andrew Wilkinson
PodcastMy First Million
A portfolio with an error rate of 0% is impossible to achieve, just as a poker player folding pocket queens to avoid losing is counterproductive.
53:41 - 55:26 (01:44)
Summary
A portfolio with an error rate of 0% is impossible to achieve, just as a poker player folding pocket queens to avoid losing is counterproductive. Downward trends in the market can work against one's portfolio, but managing a portfolio with the appropriate amount of risk is key to elevating one's investment success.