“I get seven figures to coach somebody plus a piece of the upside.”
♫
Said on Tony Robbins Podcast Daily
Tice Brown · Money Stuff: The Podcast · Tice Brown
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bought a seven-figure art piece in February and sold it in October, achieving a 6-7× return
seven-figure piece; bought Feb, sold Oct; 6-7× price
“I get seven figures to coach somebody plus a piece of the upside.”
“We sold half of our position… returned about 35 percent of our first fund… if we sold the whole thing, we would return close to 70 percent”
“You can limit how much of your returns you lose at taxes through the art of what's called asset location, which is deciding which investments should go in which types of accounts.”
“The other really big piece over that specific period was low financing costs. Low interest rates. ... high returns, low volatility were big pieces of it.”
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