Exploring the Israeli Desert and Business Insights in the Restaurant Industry

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The chapter covers the speaker's experiences mountain biking in the unique landscape of the Israeli desert and their reflections on owning three restaurants in Long Island. It delves into the profitability of serving specific food items, the importance of knowledgeable business partners, and the interviewee's interest in learning Spanish.

Marc Rowan, co-founder and CEO of Apollo Global Management, joined Tyler to discuss why rising interest rates won't hurt Apollo's profitability, why liabilities have traditionally been the weak spot in insurance, why the concept of liquidity needs a rethink, the meaninglessness of the term "private credit", what role crypto will play in American finance, why Marc bought a brutalist apartment, which country has beautiful new neighborhoods, what motivated Apollo's office redesign, what he looks for in young hires, the different kind of decision-making required in debt versus private equity, the biggest obstacle to doing business in India, how university governance can be improved, what he's learned from running restaurants, the next thing he'll learn, and more.

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Recorded February 5th, 2024.

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