Chapter
Hiring a Hedge Fund to Manage Personal Investments
45:17 - 53:44 (08:26)
The speaker's friend hired two hedge fund professionals and a senior associate to manage their personal investments, offering them a high percentage of their money and carried interest. The speaker questions whether this is a sound investment decision or a potential scam.
Clips
The speaker talks about the potential value for early users of Clubhouse, a social media app that allows users to participate in audio-only conversations with other members.
45:17 - 48:43 (03:25)
Summary
The speaker talks about the potential value for early users of Clubhouse, a social media app that allows users to participate in audio-only conversations with other members. While acknowledging the potential for the platform to be seen as a scam, the speaker sees the potential for early adopters to reap significant rewards.
ChapterHiring a Hedge Fund to Manage Personal Investments
Episode#164 with Ryan Begelman - BitClout Explained, How To Successfully Angel Invest & A Police Sting?
PodcastMy First Million
A man hired two hedge fund guys, analysts, and a senior vice president and is paying them half a million dollars collectively to manage his personal finances instead of investing himself.
48:43 - 51:10 (02:27)
Summary
A man hired two hedge fund guys, analysts, and a senior vice president and is paying them half a million dollars collectively to manage his personal finances instead of investing himself. Although it could earn him millions of dollars in the end, it's not worth the expense of having two people on staff full time to invest his money.
ChapterHiring a Hedge Fund to Manage Personal Investments
Episode#164 with Ryan Begelman - BitClout Explained, How To Successfully Angel Invest & A Police Sting?
PodcastMy First Million
The concept of family offices was previously reserved for the top 50 richest people in the world.
51:10 - 53:44 (02:33)
Summary
The concept of family offices was previously reserved for the top 50 richest people in the world. However, today, individuals with low eight figures have the ability to create their own family office which allows for the creation of better investment and personal decisions, saving time and money.