Nicole Lapin

speaker
11,861 appearances 61 recordings 1 series first heard Sep 2025 last heard 5d ago

Nicole Lapin’s voice in public audio — every appearance, attributed to the second.

Trend

recordings per month · last 12 months
11 · Oct OctJan 26AprJulnow

Recordings per month over the last 12 months — 58 in all, peaking in Oct 2025 with 11.

Appearances

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My hot take here is for most people, owning the toll booth itself is smarter than owning all the cars going through it. matched
Managers get paid no matter what, in good years and in bad years. matched
But know what you're buying. matched
You're buying a fee machine, not a stock picking genius. matched
Option three, the insurance float trick. matched
This one is one of my favorites. matched
David Einhorn, legendary short seller, the guy who called Lehman Brothers collapsed before it actually collapsed. matched
runs a publicly traded reinsurance company called Greenlight Capital Re, ticker symbol GLRE. matched
An insurance company collects premiums today and pays out claims later on, right? matched
So it's sitting on this giant pile of cash in the meantime called Float. matched
At Greenlight, the Float gets invested by Einhorn's hedge fund. matched
So when you buy GLRE, you're getting insurance profits plus a side of Einhorn stock picks. matched
This is the exact structure Warren Buffett used to build Berkshire Hathaway, insurance float as free investment fuel. matched
Speaking of which, option four, the OG, Berkshire Hathaway, ticker symbol BRK.B for the version that normal people can afford. matched
I'm not exaggerating here. matched
Berkshire Hathaway A shares are currently trading at over $768,000 a share, while B shares are trading at just over $500 a share. matched
And of course, you can also buy them fractionally. matched
Buffett officially handed the CEO role off to Greg Abel on January 1st, though he is staying on as chairman. matched
Berkshire is now sitting on a record pile of cash, nearly $400 billion, which tells you that the world's best investor is having a lot of trouble finding cheap things to buy right now, just saying. matched
I have done a whole episode on the final Buffett chapter, and I'll link that in the show notes too. matched
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