“Mortgaged my house or refinanced it to get some down payment, money down and bought a little commercial fencing company”

Think Like an Owner · Jason Reid on Compounding Advantages by Focusing Local - EP.294

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What was described

mortgaged his house/refinanced to obtain a down-payment and used it to acquire a small commercial fencing company (Zockert Fence)

Said nearby on the same subject

“Take into account the cost of running acreage - mower, repairs, fencing - before you make the move.”
♫
Said on this is property
How they work Share this moment
“There are a number of tools that you can use that will ring-fence your data, which is effectively like putting it into a filing system. But if it's open AI... So if it's ChatGPT or Claw, those sort of things. Absolutely. Effectively, that means you are uploading client information to the internet.”
AH
Alex Haslam
Risk on Air ·
Contrarian take Share this moment
“John Healy said that at next year's spending review, the government will be ring fencing preventative spending for the first time.”
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Said on Inside Briefing with the Institute for Government
Why it worked Share this moment
“Agentic trading accounts allowing retail customers to direct AI to build and manage a portfolio on their behalf with funds ring fenced from their main account.”
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Said on Bloomberg Money

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