227: A Nose For Trouble, Sothebys, Lehman Brothers & Redefining Adversity
b'
Can we talk about something else? Jason Hartman invites Michael Ainslie to the show to discuss his book, A Nose For Trouble. As well, Michael shares his business tactics helping to grow Sotheby\\u2019s in his time with the company. In his stories as Director of Lehman Brothers, Michael talks about SATURDAY MORNING, the weekend that changed Wall Street forever, and some hypotheticals had things gone differently in 2008. And finally, Michael shares a brief story about the beginning of The Posse Foundation.\\xa0
Key Takeaways:
[3:00] Ten (actually 21) Commandments of Successful Investing, Amendment: Commandment number 22?
[7:00] Michael Ainslie
[9:15] Sotheby\\u2019s growth using \\u201cgood, basic business tactics\\u201d
[13:18] The art market and purchasing of major works has become a way for new wealth to distinguish themselves
[13:40] The Sotheby\\u2019s scandal with Christie\\u2019s Auction Company
[16:00] Sotheby\\u2019s real estate, \\u201cwhite elephants\\u201d
[20:00] SATURDAY MORNING, Geithner said, \\u201cyou have two hours to save Lehman,\\u201d the weekend that changed Wall Street forever
[24:08] If there were no bailouts, what would that have looked like?
[33:10] The Posse Foundation story
Websites:
www.JasonHartman.com
Jason Hartman PropertyCast (Libsyn)
'