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He Got Fired By His DAD… So He Built a $60M/yr Empire
My First Million
Embracing Asymmetric Risk for Investment Success
The speaker's investment strategy involves embracing asymmetric risk, being unafraid of losing it all due to previous experiences and having a belief in the ability to recover losses. They prefer investing in themselves over traditional market options like the S&P, willing to take more risks and shots on goal. This strategy is applied to acquisitions where the focus is on potential high returns compared to the risk of loss. The speaker's willingness to take bank debt is driven by its affordability, contributing to the overall investment approach.
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