#63 The King of Oil: The Secret Lives of Marc Rich
Founders10 Maalis 2019

#63 The King of Oil: The Secret Lives of Marc Rich

What I learned by from reading The King of Oil: The Secret Lives of Marc Rich by Daniel Ammann. ---- The spot market for oil was one of the most lucrative ideas of the twentieth century. [0:01] the historical events intertwined with the career of Marc Rich [5:15] how his family escapes the Nazi's [12:00] his first jobs + learning from his father + finding his vocation [14:30] learning the commodities business from A to Z [20:00] his work environment was training for entrepreneurship + how he thought about the opportunity in oil [30:30] Marc gets screwed on pay so he starts his own company [35:00] why Marc chose Switzerland as the headquarters of Marc Rich + Co. [37:00] why the invention of the spot market was important [43:00] why Marc Rich thought he was exempt from Jimmy Carter's executive order [46:15] the state of his business in 1990 [1:01:00] how to lose $172,000,000 [1:14:00] ---- Founders Notes gives you the ability to tap into the collective knowledge of history's greatest entrepreneurs on demand. Use it to supplement the decisions you make in your work. Get access to Founders Notes here. ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast

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#8 The Intel Trinity: How Robert Noyce, Gordon Moore, and Andy Grove Built the World's Most Important Company

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#7 Grinding It Out: The Making of McDonald's

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#6 Sam Walton

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#5 Steve Jobs

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#4 The Remarkable Life and Turbulent Times of Joseph P. Kennedy

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What I learned from reading The Patriarch: The Remarkable Life and Turbulent Times of Joseph P. Kennedy by David Nasaw ---- Founders Notes gives you the ability to tap into the collective knowledge ...

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#3 The Wizard of Menlo Park: How Thomas Edison Invented The Modern the Modern World

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What I learned from reading The Wizard of Menlo Park: How Thomas Alva Edison Invented The Modern World by Randall Stross Edison starts his first business at 12 years old (11:00) Edison's discipline (2...

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#2 Walt Disney

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What I learned from reading Walt Disney based on the book Walt Disney: The Triumph of the American Imagination by Neal Gabler.   ---- Founders Notes gives you the ability to tap into the collective ...

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#1 Elon Musk: Tesla, SpaceX, & the Quest for a Fantastic Future

#1 Elon Musk: Tesla, SpaceX, & the Quest for a Fantastic Future

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