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RWH013: Move Slow, Win Big W/ Thomas Russo
We Study Billionaires - The Investor’s Podcast Network
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Jule was the fake one. Jule cost them $34.5 billion from the time they bought it to the time they just recently wrote off some of the final bits. The trouble, why I go to such colorful lengths with Jule, the real issue there was they found themselves with this product that they marketed to younger users than they legally are allowed to. And so that was clearly a case. If you thought about the macro risks, you're picking up by making those moves as they did. We would never look back on that.
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