Building A Global Financial Empire – Daniel Gross

Subscribe to Charles' Alpha Investor newsletter today: https://pro.banyanhill.com/m/2054150Who was Edmond J. Safra? Some know him as “the greatest banker of his generation.” He founded four massive financial institutions on three continents. That’s why financial journalist and historian Daniel Gross set out to uncover the history behind this 15-year-old prodigy that built an empire based on these timeless principles: a banker must protect his depositors and avoid excessive leverage and risk. Safra posted remarkable returns in an age of busts and bailouts while rarely suffering a credit loss.This banker’s journey offers enduring lessons for those seeking to make their way in the twenty-first century. He inspired generations to make the world a better place.Topics Discussed:An Introduction to Daniel Gross (00:00:00)Warren Buffett-level returns (00:10:20) How to succeed in a world of crowded trades (00:24:25)Banking in a time of no deposit insurance or bailouts (00:21:19) How the $10 billion deal at HBSC was done and protected the people (34:56)It’s business AND it’s personal (00:42:22)Guest Bio:Daniel Gross is one of the most widely-read writers on finance, economics, and business history. Over the past three decades, he has reported from more than thirty countries, covering everything from the dotcom boom to the global financial crisis and the Great Recession of 2008–2009. Gross worked as a reporter at The New Republic and Bloomberg News, wrote the “Economic View” column in The New York Times, and served as Slate’s “Moneybox” columnist. At Newsweek, where he was a columnist and correspondent, he authored seven cover stories. He is a bestselling author of eight books, including Forbes Greatest Business Stories of All Time; Generations of Corning; Dumb Money: How America’s Greatest Financial Minds Bankrupted the Nation; and Better, Stronger, Faster: The Myth of American Decline and the Rise of a New Economy.Gross was educated at Cornell University and holds an M.A. in American history from Harvard University. His great-grandparents immigrated to the United States from Aleppo and Damascus.Resources Mentioned:A Bankers Journey: How Edmond J. Safra Built a Global Financial EmpireVendetta: American Express and the Smearing of Edmond SafraTranscript:https://charlesmizrahi.com/podcast/

Om Podcasten

I’m Charles Mizrahi. I currently write Alpha Investor — one of America’s fastest-growing investment publications — and have had nearly 40 years of experience as a floor trader, hedge fund manager and money manager on Wall Street. In fact, I was once named the No. 1 trader in the nation by Barron’s. But the story of my rise through the ranks is about more than just success — it’s about achieving the American Dream. You see, I didn’t grow up wealthy. But I did grow up with the belief that America was the greatest nation on earth — a land of freedom and opportunity. And right now, I’m on a mission to prove that it still is. Although we’re constantly being told by the media that America’s best days are behind her … I know the opposite to be true. That’s exactly why I started Real Talk: The Charles Mizrahi Show. With this podcast, I want to help you — and as many other Americans as possible — rekindle the American Dream and realize that we, the people, have everything we need to get ourselves back on track. Each episode features in-depth conversations with high-profile guests who share their own unique American Dream stories, and their views on the current state of our nation. I’ll also share with you my passion for teaching everyday people how to prosper through America’s greatest wealth creator: the stock market. Because I believe we all have a patriotic duty to give back to this country — which has done so much for us.