Let’s tell the truth about some billionaire secrets!
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In this Alux.com video we will be answering the following questions:
What is the secret to becoming a billionaire?
What are some things people don’t know about billionaires?
What is the dark truth about billionaires?
How to invest like billionaires?

__________
00:00 Intro
00:24 You don’t usually get to $1 Billion and still own 100% of your business
01:15 Realestate will make you a millionaire, Private Equity makes you a billionaire
02:00 Do not use your own money, use someone else’s to make yourself rich
04:45 Everything is a buy low sell high equation, only the scale differs.
06:40 Art is a preferred store of value that can easily be moved around
08:58 Stocks won’t get you to a billion, neither will luck
10:27 Every new billionaire, turns other millionaires into billionaires
11:33 Less than 5% of their worth is liquid
12:47 The real money is made in a crisis
13:51 They all had and still have experts minimizing risk and increasing returns
16:08 Very few billionaires are Directtoconsumer, most of the money is in Enterprise deals
17:51 Most billionaires don’t start from the bottom
19:17 Most industry tycoons get wealthy by exporting slave labour where you can’t see it and the world doesn’t really care.
20:05 Almost all are sociopathically obsessed with money and success
21:58 Decision making & Persuasion are the only 2 BillionaireTier skills



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