Why Do Rich People Borrow Money?
April 1, 2020
5 min
224 of 1,698
April 1, 2020
Why Do Rich People Borrow Money?
0:00 / 5:40
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Kris Krohn Episodes Around April 1, 2020
Episode 224 of 1,698 — walk the feed in the order it was published.
5:40This episodeWhy Do Rich People Borrow Money?
Summary
<p>Rich people have no problem going into debt and borrowing money, and there are some very good reasons for that. It all comes down to arbitrage, which is the difference between what you’re earning and what the money costs. Kris Krohn explains how opportunity cost and cash flow motivate rich people to borrow money.</p>
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