01 Feb 2024
1h 25m

#336 How To Lose A Few Billion Dollars: Samuel Insull

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Samuel Insull, a prominent figure in the early electricity industry, had a remarkable career marked by success and eventual downfall. He pioneered concepts, promoted welfare programs, and revolutionized the electric industry, transforming electricity into a necessity. However, excessive risk-taking and overleveraging led to his financial ruin, highlighting the dangers of excessive leverage.

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