Protecting the Downside
Richard shares his philosophy on minimizing risk, emphasizing the importance of protecting the downside in both adventures and business ventures. He recounts a clever deal with Boeing that safeguarded his investment in Virgin Atlantic, showcasing how timing and good fortune play crucial roles in success. Additionally, he reflects on a memorable lesson taught to his children about gambling, highlighting the unexpected rewards of honesty and luck.In this clip
From this podcast
The James Altucher Show
Ep. 269 - Sir Richard Branson: How He Found a Gap in The Market and Became The Billionaire Founder of Virgin
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