My First Million

How Raoul Pal 10X-ed His Money with Crypto and Retired to the Beach

14 snips
Mar 2, 2022
Shaan Puri chats with Raoul Pal, a global macro investor and CEO of Real Vision, known for his sharp insights into finance and early crypto adoption. Raoul shares his journey of turning a significant profit through cryptocurrencies and why he believes NFTs are merely a bubble. He discusses living the dream life in the Cayman Islands and emphasizes the importance of quality experiences over mere financial success. The conversation also digs into how crypto could transform the music industry and the exciting future of digital assets.
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ADVICE

Winning the Game of Life

  • Focus on the game of life, prioritizing quality of life over money.
  • Take steps towards your endgame, envisioning your future self and working backward.
ANECDOTE

The Spanish House

  • Raoul Pal bought a house in Spain after a chance conversation with his father.
  • This purchase gave him financial freedom and allowed him to take more risks.
INSIGHT

From Crisis to Crypto

  • Raoul Pal's background in predicting financial crises led him to explore alternative systems.
  • He recognized blockchain's potential to solve the issue of leverage and collateral.
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