How to Make a Ton of Money in a Coved World

If you're managing a billion dollars, you get 20 million dollars every year no matter what. If that drops, if you lose half of it, and it falls to five, hudred million, you've lost half of the money for investors. But at no point do you lose any money. You only lose potential earnings. And then people, if you do poorly overtime, people will pull their money, and that's how you ultimately suffer. It's been surpris ingto me to see you can do not that great, make a ton o mony. This is what you have friends that, i think, yo would say, are very smart, very good at this,

Transcript

Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!

Get the app