from Trung Phan | by Trung Phan

Trung Phan

@TrungTPhan

about 2 years ago

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Giannis Antetokounmpo with next level risk-management skills

Giannis lived in Greece when its GDP shrank by 25% during financial crisis and kept those lessons (although having 50 accounts is a fraud risk, so the owner set him up with a wealth manager). Came on this for a round-up doing for my email tomorrow:

And yes, I glossed over the part that Giannis had $12m in random checking accounts. Anyways, he got the $250k FDIC insurance on all 50 accounts but here is what former Bucks owner Marc Lasry told him to do: t.co/pSGcOg0QzT

Giannis in Game 7 vs. the Nets: the bank is open

After 10 long years of reading Tyler Cowen’s blog, this Giannis tweet finally got me into his link roundup lol: t.co/ZYZ5kAQNjr