1342: Maintaining Control & Learning From the Fall of Enron

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By Jason Hartman. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

Today's episode is Jason Hartman exploring Commandment #3: Thou Shalt Maintain Control a lot deeper. Maintaining control in real estate deals has been discussed quite a bit before, but it's not just real estate where control matters. Jason explores the collapse of Enron and why it was such a surprise and why Commandment #3 is crucial even in those scenarios.

Key Takeaways:

[4:03] Airbnb hasn't been through a recession yet, so there's a lot that isn't priced in to the market

[8:06] The 3 major problems when you give up control in an investment

[13:54] The Infographics Show: The Business Deception That Cost $60 Billion

[16:59] The phrase "financial innovation" is a red flag when you hear it

[23:05] Most companies don't have people inside to pump the brakes, because everyone is incentivized to speak highly and show it in the best possible light

[25:26] Derivatives are the thing about the thing, but as an investor you want to be as close to the "thing" as possible

Website:

www.JasonHartman.com/Ask

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The Infographics Show: The Business Deception That Cost $60 Billion

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