“It's $300 million equity cap ... they'll generate $75 million worth of cash flow over the next year. They've got $100 million of net cash”
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Said on Monetary Matters with Jack Farley
True Wealth: money & business podcast · I've learned from 9,000 millionaires - 7 things they know about wealth that you don't
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states that someone with $5 million net worth can spend $5,000 a month without questioning the purchase
$5 million net worth; $5,000 per month
“It's $300 million equity cap ... they'll generate $75 million worth of cash flow over the next year. They've got $100 million of net cash”
“I have some numbers from a 2300 net outflow in say October 25. It reached to a peak of 122,000 crores in March, and after that, each month, 40,000 to 50,000 crores on a net basis.”
“Annual net spending target… would cap how much spending can grow each year… if you overspend… you can make it up in the next year.”
“You’re able to hold your teams accountable ... you can go back and say, okay this line we wanted $20,000 a month and you’re spending $40,000”
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