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Part 14: Grant Cardone on Why He Can't Get Tom Cruise Even Though They're Scientologists
Part 1: Grant Cardone on Spending $1M to Win a $10K Lawsuit, Promising 15% Returns
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Real estate mogul Grant Cardone estimated how many square feet of real estate he owns. The subject turned towards countries like China amassing more farmland than individuals like Bill Gates. Cardone dismissed this as a preoccupation, stating that domestic real estate should be the primary concern. He also dismissed China as an economic threat, highlighting its high debts, aging population, and real estate problems, including vacant stories and cities. On investing, he ridiculed gold as an asset, stating it was unmovable and heavily reliant on market sentiment. Instead, he advised focusing on passive income sources and cash flow, underlying the importance of steady income irrespective of one's employment status. He emphasized that even in retirement, a regular income was more valuable than a lump sum of money.
