Chapter
Investing with Conviction
42:15 - 46:35 (04:20)
The podcast hosts discuss a friend who invests with extreme conviction, even breaking their usual investing rules and potentially risking it all.
Clips
One person discusses how he invested $800 million in a large bet, while another talks about investing 10-20% of his liquid assets into very high risk investments, both noting their different levels of comfort with risk.
42:15 - 43:24 (01:08)
Summary
One person discusses how he invested $800 million in a large bet, while another talks about investing 10-20% of his liquid assets into very high risk investments, both noting their different levels of comfort with risk.
ChapterInvesting with Conviction
Episode#47 - Robot Lawyers, Pay to Lose Weight & Prudent vs. Wild Card Managers
PodcastMy First Million
Some investors, like Sully, when they get convinced about the potential of a deal, break all the rules of their usual investing and go into hunting mode, plowing their money into it, and try to create a competitor to it.
43:24 - 44:33 (01:09)
Summary
Some investors, like Sully, when they get convinced about the potential of a deal, break all the rules of their usual investing and go into hunting mode, plowing their money into it, and try to create a competitor to it.
ChapterInvesting with Conviction
Episode#47 - Robot Lawyers, Pay to Lose Weight & Prudent vs. Wild Card Managers
PodcastMy First Million
The podcast speaker reassures the listener that they are not capped out and offers advice on how to find potential projects or skills to pursue, using an example of a business like TrueCaller as a successful high-income skill.
44:33 - 46:35 (02:01)
Summary
The podcast speaker reassures the listener that they are not capped out and offers advice on how to find potential projects or skills to pursue, using an example of a business like TrueCaller as a successful high-income skill.