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Episode 41: Ask Me Anything
Playing With Unicorns
Are You Facing Margin Calls?
The only leverage you should have is like mortgages and fixed rate mortgages on your real estate. All other leverage is risky because it puts you in a liquidity crisis. And so there are people that are facing margin calls. I got a call from a queen someone said, Hey, I bought this margin for 10 million. I'll sell it to you for 3 million if you buy for me in 24 hours cash.
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