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Mark Yusko, Founder & CEO of Morgan Creek Capital Management: Inside the Minds of the Best Investors in the World

The Pomp Podcast

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Is Your Money in the Bank?

If you are elected as a representative, i don't care what part of government, what ideology, you should not be allowed to participate in the legislation creation or editing of the industry that backed you to get there. People put their money in the bank and ther like, ok, that's my money. A fact is, no, it's the bank's money. Look on the bank balance sheet. It shows up as their asset, and you have an i o u from the bank, nobbut i can get it any time i want. Well, you can, unless they lose it. I'll give an example. He inherited almost a billion dollars, 960 million dollars. And he

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