Chapter
How Much Money Does This Person Have?
34:43 - 42:16 (07:32)
The speaker has an estimated 30 million in real estate, 40-50 million in short-term bonds and cash, and owns an additional 10 million in LP somewhere. They suggest that once you get to a certain scale of wealth, it's smart to hire professionals who are private wealth managers to help deploy your capital in an intelligent way.
Clips
Shopify has a goal to arm the rebels and provide better services to its customers.
34:43 - 37:08 (02:24)
Summary
Shopify has a goal to arm the rebels and provide better services to its customers. They aim to build better businesses by allowing the use of cheaper cost customers and incorporating features such as lookalike audience system through their apps.
ChapterHow Much Money Does This Person Have?
EpisodeSelling Deodorant for $100M and How to Find Your Best Competitive Advantage with Moiz Ali
PodcastMy First Million
The speaker reveals they own about $30 million in real estate, $40-$50 million in cash through short-term bond investments, and around $10 million in startup investments.
37:08 - 39:18 (02:09)
Summary
The speaker reveals they own about $30 million in real estate, $40-$50 million in cash through short-term bond investments, and around $10 million in startup investments.
ChapterHow Much Money Does This Person Have?
EpisodeSelling Deodorant for $100M and How to Find Your Best Competitive Advantage with Moiz Ali
PodcastMy First Million
Private wealth managers are professionals who help the wealthy deploy their large capital in an intelligent and unique manner, with a supposed competitive edge.
39:18 - 42:16 (02:57)
Summary
Private wealth managers are professionals who help the wealthy deploy their large capital in an intelligent and unique manner, with a supposed competitive edge. These managers often aggressively reach out to wealthy individuals who have recently come into money, and will readily criticize other managers to gain clients.