S4E5 Turning Your Business Into Your Own Family Bank
Steal the Show with Michael Port
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The Insurance Companies Work in the World of Large Numbers
The insurance companies work in what i call the world of large numbers. That's how insurance worksin general. They know they're going to sell a thousand policies, and hopefully only 50 people have a claim. The reason moved a fair amount of money out of vanguard into another broker's account called interactive brokers is because they offered a margin loan at a one point five % interest rate,. It's really the lowest in the industry.
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