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From Entourage Dreams to Financial Crisis Reality
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What happens when everything you built comes crashing down in the great financial crash? How do you deal with it? How do you pick yourself back up? Can you start again? Can you build yourself up a second time. Find out more with the full podcast episode on the rise and fall and rise again of Henry Stimler. https://youtu.be/mbGVA31sQao?si=LsNgadf39CiFa2Xz
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Entourage was very big in the in the
early 2000's and I wanted to emulate Ari
Gold, that power dynamic guy. So, they
did all this build out for me and then
I fly to the south of France. I take my
friends. I stay at Hotel du Cap. I take
private planes to the VMAs and then
September of 2008 comes along, the great
GFC, the great financial crisis and I
was 28 years old and ill-equipped to
deal with it because I'd only been on an
upward trend and in the space of 2-3
weeks I was destroyed, wiped out.
Because I'd been buying asset-backed
securities and they had a life term and
then there was no liquidity. The air got
sucked out completely.