Business
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: [3:10] Airbnb hasn't been through a recession yet, so there's a lot that isn't priced in to the market [7:12] The 3 major problems when you give up control in an investment [13:01] The Infographics Show: The Business Deception That Cost $60 Billion [16:06] The phrase "financial innovation" is a red flag when you hear it [22:13] 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 [24:33] 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 Jason Hartman Quick Start Podcast The Infographics Show: The Business Deception That Cost $60 Billion