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TIP435: Why the Youngest Billionaire Walked Away from Wall Street w/ John Arnold & Michael Faye

We Study Billionaires - The Investor’s Podcast Network

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Overcoming Special Interests in Philanthropy

The biggest challenge in philanthropy is overcoming special interests, particularly in fields like healthcare where there are winners and losers in system change. Special interests with economic stakes in the system are adept at thwarting change efforts, making it difficult to improve systems despite identified inefficiencies. Being young, patient, and devoid of economic interests in the areas they work on is an advantage for making impactful changes.

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