4min chapter

The Alchemy of Money cover image

Kirk Kerkorian and the Lessons of Leverage

The Alchemy of Money

CHAPTER

Introduction

Kirk acorion is the son of armenian immigrants, born in 19 17. His dad built a huge collection of ranch and agricultural properties but was highly levered. And so kirk dropped out of high school. He started working these odd jobs. Then the great depression hits, and there is no money to go round. So he starts to do two things: by and sells airplanes, especially surplus planes that are coming out of the war. And he also builds up his own company called m g m which became one of the biggest casino companies in the world.

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