Peter Roth

You had to have accrued enough of those failures

in order to just be able to look at any business model and go, I already know exactly what I'm going to do.

I'm going to fall down.

I know exactly what that fall's going to look like.

I know how I'm going to get up.

I know I'm going to fix it.

And it'll be done in 24 hours.

And boom, I'll come out on the other side cranking money out of this ATM machine.

right investors who have zero operational skill experience zero operational skill set they come with a harvard degree but they don't actually know how to run a real business yeah they've read a lot of books and then they take a fee of your gains when they get less than the s&p but that's their business that is their business right their business is between the lines that's their business it's not operating the actual end you know it's not operating the actual business itself it's

It's how to capture money in between.

That's their business, and good for them.

I don't invest in anything but myself.

I don't.

I mean, that's not entirely true.

I do now put money into like, I work with a couple of real estate investors.

I kind of fund some of their projects.

Private money lending.

Yeah.

Exactly.

That's really about the only area for the most part now where I'm really kind of deploying capital into something that isn't my own.