Scarce Assets E005: Mark Moss - The Game of Wealth
Onramp Media
Leveraging Debt for Wealth Creation
The chapter explores the strategy of using debt as a tool for building wealth, citing examples of successful individuals like Kiyosaki, Trump, and Cardone who have utilized leverage effectively. It discusses the risks and benefits associated with leveraging assets, emphasizing the importance of skill and understanding in managing debt wisely. The conversation also delves into practical scenarios of borrowing against assets like Bitcoin and the strategies involved in risk management and asset acquisition within the financial 'game'.
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