Uncorrelated Income Streams
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"The key is to try and find 12 positive income streams that are not correlated that if you can do that you're going to do really well that on a risk adjusted basis if you can find 12 different stocks companies cash flows that are somewhat uncorrelated that's the goal"
43:06 - 43:28
Full video: 01:04:57SG
Scott Galloway
Professor at NYU Stern School of Business, teaching brand strategy and digital marketing to MBA students. Entrepreneur who has founded multiple successful companies, including Red Envelope.
Co-host of the popular 'Pivot' podcast with Kara Swisher and host of 'The Prof G Pod with Scott Galloway'. Author of several books, including 'The Algebra of Wealth', and currently writing a book about masculinity.