Just as important as education is being smart enough to surround yourself with at least a few people you can truly trust, who will have your best interests in mind, and who know how to manage money. Unbelievable to me that he didn't bring anyone in who knew what they were doing to keep their eye on the bottom line. Screaming through $1.2 billion in barely 20 years is pretty unreal but at the same time not all that surprising for a guy like him.
Exactly. Imagine what even an average level fiduciary/investment strategist could've done for this man. He could've invested every penny and would've never had to touch the principal.
A few Business Insider articles and articles on boxing websites, have been out there but what I've seen are segments in the past few days by Stephen A., Joe Rogan, Jason Whitlock, some others talking about it.
I imagine it is very hard to find people who truly have your best interests at heart with that kind of money floating around. $1.2 billion sounds great, but I bet it’s real “lonely”. I mean…I think it would be hard to not be at least a little leery of even the people who are “close”, unless they also have their own fortune.
