
141: Erik Townsend – Software Millionaire Fooled by ‘The Dream’ and Saved by Global Macro
Chat With Traders
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The Mistakes of a Private Equity Investor
"I agreed to let you guys do this because my lawyer talked me out of doing it myself," he says. "There was absolutely no reason to have gotten into this investment in the first place" He still hasn't got all his money back from a 10-year private equity fund that's not fully closed out. 'You're probably not qualified, but you're better off learning to do it and qualifying yourself'
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