Derek Moneyberg
👤 SpeakerAppearances Over Time
Podcast Appearances
And he was a smart, ambitious guy.
And we were having a conversation.
I remember this car drove by, a Lamborghini.
I don't give a shit about sports cars, but I just made an example to him.
Like, the car probably cost $400,000 or $500,000.
I just lost that in the last 10 days.
He could have bought a couple of those.
But instead, my account's down 70%.
It's crazy.
Now, if you fast forward a couple of years, that got me from like $1 million to $4 million net worth.
Well, no, but I also had a bachelor's degree in business.
I also studied a lot of things from Warren Buffett and some other investors.
That's very uncomfortable.
You don't feel good.
Yeah.
You don't feel good when you're down that much.
And that was without leverage.
Wow.
And I've always thought about that.
I don't like a lot of leverage.