How To Buy Into A Billionaire’s Portfolio At A Discount
Interesting game played by a British investment trust: buying shares of other investment trusts and holding companies at a discount to their liquidating values. Inthe City of London’s investment trust business, dog eats dog. Thus it is that Daniel Loeb, “activist” investor who shakes up torpid corporate managements, found himself under attack from another activist. […]
How To Make A Billion Dollars Selling Hot Dogs
Dick Portillo opened a hot dog stand in Chicago with $1,100 and built it into a billion-dollar regional chain, Portillo’s. After cashing out in 2014, he bought back some stores and built a new real estate and restaurant empire—now, he sits back and collects the rent. It’s been 11 years since Richard “Dick” Portillo sold […]
How To Be Rich By 25, According to a 29-Year-Old Billionaire
Austin Russell is a Stanford University dropout who became the world’s youngest self-made billionaire in 2020 at the age of 25 when his startup Luminar went public. Luminar creates sensing technology to help cars navigate their surroundings; Volvo, Toyota, and Mercedes-Benz use the sensors. Russell, now 29, spoke on the Masters of Scale podcast with […]