S4E5 Turning Your Business Into Your Own Family Bank
Steal the Show with Michael Port
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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