Private Equity Investor - Quotes
Margin vs cash velocity
You’ve got to understand the difference between margin and the velocity of cash. Take Walmart as an example - they make very little margin per sale, but they turn their cash so fast that they still make a massive amount of money. People often over-focus on margin and forget about how quickly cash moves through the business. In reality, the velocity of cash is just as important as margin.
Private Equity Investor
Justin Kan - Quotes
Why I Wanted to Be Famous
I was a shy extrovert. I always wanted to connect with people and be popular. I had this scarcity mindset - I wanted to be rich and famous because, growing up, I felt like I didn’t get the attention I needed from my parents or my peers.
Justin Kan
James Dumoulin - Quotes
Listen twice, talk once
We were given two ears and one mouth for a reason. Listen twice, talk once.
James Dumoulin
Wisdom
