Chapter
Clips
The speaker invests 80-90% of cash in stocks and purchases other companies he likes such as Uber for 3 million dollars.
49:00 - 52:15 (03:14)
Summary
The speaker invests 80-90% of cash in stocks and purchases other companies he likes such as Uber for 3 million dollars. He doesn't diversify but uses cash to buy other companies with a return of 3-5 times EBITDA.
ChapterInvesting in Businesses and Stocks
EpisodeFrom Blogger To $100 Million Business With Neil Patel
PodcastMy First Million
The economics of a portfolio are important when deciding to buy a business, depending on the returns you expect to receive.
52:15 - 53:51 (01:35)
Summary
The economics of a portfolio are important when deciding to buy a business, depending on the returns you expect to receive. Being able to obtain debt at a low-interest rate can lead to higher returns on investment.