
Jay Newman on the Hidden Story of How Money is Moved Around the World
Macro Hive Conversations With Bilal Hafeez
00:00
What's the Best Investment Advice?
When i was at lemon, allen capen was the head of of risk management. He called me up and he said, sunny, how don't you make the half a million? So i told him the whole story. We put them together, we signed a document, required the money, and half a million dollars fell out into demon's pocket. I thought, what kind of a jerk is this? Here i am starting a business,. making the firm money, just trying to do a good job. And then i said, and there was no risk? And he says, sunny, there is always risk. If you don't think there is risk, you're just not thinking
Transcript
Play full episode