4min chapter

After Dinner Investor | Value Investing Podcast On The Hunt For No-Brainer Stock Investments cover image

King of Capital by David Carey and John E. Morris | ADI Book Club 3

After Dinner Investor | Value Investing Podcast On The Hunt For No-Brainer Stock Investments

CHAPTER

The Cost of Excessive Spending

Steve Schwartzman and his wife their personal chef quoted back in the 2000s with $2,000 that because of these stone crabs or whatever they spent about $3,000 a weekend for food. If I ever have that kind of money I'll tell you this Coron told people no one in the planet is going to enjoy being rich more than me. Like I'm going to take so much pleasure in it but here's where I want to defend them. A lot of people spend money and sometimes the media gets a caricature of a person or a theme and they just run it run with it.

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