AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Nick Maggiulli — Just Keep Buying (EP.103)
Infinite Loops
The Value of Debt in Building Wealth
4min Snip
00:00
Summary
Transcript
Episode notes
Nick Bostrom: I think there are ways to use debt properly, and use it cause a little bit of leverage is ok. If you can get debt for basic close to nothing, i don't kow whathe're going to be in the future,. that's a huge benefit, i think, that people can take advantage of. In other words, tet works best for the people who don't need debt. And look like what the ultra ultra rich do. Like elon musk. He doesn't sell his testa stock. He gives it up his collateral an then borrows against it. Why would he need debt? Because it makes more sense than to pay the cap
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode