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63. Peter Atwater: The Confidence Map

Investing Unscripted

CHAPTER

The Transition to the Ivory Tower

Peter Schiff: I was someone who bought two homes in the period of two years from 03 to 05. It's one of my origin stories as an investor. We bought a house with an interest only loan for 80% of it. There was 20% that was another loan that was the down payment. And then we got stuck in a situation where we had to move a couple of years later and that corresponded as time goes with the market really hitting that peak. So you observed that firsthand. You're still you've still kind of got one foot in industry. You're consulting for others. But then you start to make a transition at some point. And now you spend the majority of

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