4min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP560: Richer, Wiser, Happier Q2 2023 w/ Stig Brodersen & William Green

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

Chaos Kings: How Wall Street Traders Make Billions in the New Age of Crisis

The world is becoming more fragile and vulnerable to these extreme events, partly because of technological interconnectedness. The fact that we're all technologically interconnected raises the risks in terms of cyber warfare or power outages as this kind of systemic global risk that's increasing. And so keeping money on the side so that you can take advantage of these moments of dislocation living within your means are really important.

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