Chapter
Exploiting Loopholes to Make Billions
32:15 - 38:32 (06:17)
This episode discusses the case of a man who convinced the government to change a law, allowing him to issue new stock and raise billions of dollars, despite the morally dubious nature of his actions.
Clips
The speaker discusses an investment strategy involving buying 30% of a private company with strong defensibility and growth potential, with the goal of eventually taking it public or buying stakes in other profitable companies.
32:15 - 35:58 (03:43)
Summary
The speaker discusses an investment strategy involving buying 30% of a private company with strong defensibility and growth potential, with the goal of eventually taking it public or buying stakes in other profitable companies.
ChapterExploiting Loopholes to Make Billions
Episode#96 - The Entrepreneur Betting Billions On American Passenger Trains
PodcastMy First Million
People often perceive others as smart and bold when they come up with innovative plans and ideas, invest in certain companies, and create media brands.
35:58 - 36:59 (01:01)
Summary
People often perceive others as smart and bold when they come up with innovative plans and ideas, invest in certain companies, and create media brands. However, such success often comes from knowledge accumulated over years in a particular field, and it is not a reflection of intelligence but rather a different language and perception of ideas.
ChapterExploiting Loopholes to Make Billions
Episode#96 - The Entrepreneur Betting Billions On American Passenger Trains
PodcastMy First Million
The podcast discusses the story of a man who convinced officials to change a law over three days and made profits from issuing new stock on a publicly traded company.
36:59 - 38:32 (01:32)
Summary
The podcast discusses the story of a man who convinced officials to change a law over three days and made profits from issuing new stock on a publicly traded company. While it's shady, the hosts appreciate the hustle and the skill of finding loopholes.