Capital Allocators – Inside the Institutional Investment Industry Anthony Scaramucci – Another Winter and Another Rebirth (Capital Allocators, EP.292)
7 snips
Jan 16, 2023 
Anthony Scaramucci, Founder and Managing Partner of Skybridge Capital and former White House Communications Director, shares his insights on the asset management landscape. He discusses his ventures into crypto, highlighting both its potential and risks while reflecting on his partnership with Sam Bankman-Fried and the fallout from FTX. Scaramucci delves into entrepreneurship, resilience through downturns, and the importance of mentorship in navigating challenges, particularly in the ever-evolving financial world.
AI Snips
Chapters
Transcript
Episode notes
Entrepreneurship Secret
- The secret to entrepreneurship is taking risks and accepting failures.
- Magnified failures come with a high profile, so resilience is key.
Li Ka-Shing's Advice
- Anthony Scaramucci recalls a meeting with Li Ka-shing who advised him to always leave money on the table for partners.
- This ensures lasting partnerships and continuous deal flow.
Long-Term Illusion
- Everyone is a long-term investor until they experience short-term losses.
- Conviction is easily shaken by immediate negative results.