“Bought in February and sold in October and made seven times the price”

Tice Brown · Money Stuff: The Podcast · Tice Brown

Play from 15:21
15:21

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What was described

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

Said nearby on the same subject

“I get seven figures to coach somebody plus a piece of the upside.”
♫
Said on Tony Robbins Podcast Daily
Hard number seven figures Share this moment
“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”
♫
Said on How I Invest with David Weisburd
Why it worked 35% of fund returned; full sale would have returned ~70% Share this moment
“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.”
RB
Robert Brokamp
Rule Breaker Investing ·
Why it worked Share this moment
“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.”
BF
Benjamin Felix
The Rational Reminder Podcast ·
Why it worked Share this moment

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