2min chapter

Founders cover image

#68 Daniel Ludwig: The Invisible Billionaire

Founders

CHAPTER

How to Buy a Ship for Not a Lot of Money

The sale of surplus ships at bargain prices had never really been authorized by Congress, but the practice started almost as soon as the armistice was declared. The result was that hundreds of government-owned vessels built at taxpayer's expense was being sold off at well below cost. "You're basically buying an asset, piecing it off, and recouping most of that cost anyways," he says.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode