Chapter
Lessons on Integrity from an Investment Manager
49:55 - 54:46 (04:50)
The podcast discusses how integrity and honesty led to the success of a prominent investment manager, who was known for his reputation in the industry. It also emphasizes the importance of protecting oneself from losing money in investment and being cautious even in dire situations.
Clips
The key to building wealth is to hate losing money and protect your downsides so that you don't lose money often, according to great wealth builders such as Warren Buffett, Mayer Rothschild, and John D. Rockefeller.
49:55 - 52:44 (02:48)
Summary
The key to building wealth is to hate losing money and protect your downsides so that you don't lose money often, according to great wealth builders such as Warren Buffett, Mayer Rothschild, and John D. Rockefeller.
ChapterLessons on Integrity from an Investment Manager
EpisodeSPECIAL: The Rothschilds (Part 1)
PodcastMy First Million
The Mayer family has maintained a reputation for honesty and integrity for over 200 years, allowing them to continue to be successful in their investments and maintain family unity.
52:44 - 54:46 (02:02)
Summary
The Mayer family has maintained a reputation for honesty and integrity for over 200 years, allowing them to continue to be successful in their investments and maintain family unity. Despite difficult circumstances, they always put family first and business second.