In this episode, Jim Oliver and Nick Kosko discuss: 

• Economic Value Added, adding value to capital 
• Insurance companies and the science and logistics behind creating policies 
• Insurance companies and calculating people's risk factors 
• Banking function and how the relationship plays out 

  

Key Takeaways: 

• Finance everything that you buy, either pay interest to someone else or lose interest that you could've earned otherwise 
• Insurance companies have more money on hand  
• As we age, we become less efficient with our money. When we are younger, we are able to be more aggressive  
• Insurance companies navigate what route they should take according to the calculated risk factors for each person 

  

"Hope is not a strategy" —  Jim Oliver 

  

Connect with Jim Oliver: 

  

Facebook: CreateTailwind & Jim Oliver 

Website: CreateTailwind.com 

YouTube: createtailwind.com 

LinkedIn: Jim Oliver 

  

  

Show notes by Podcastologist: Chelsea Taylor-Sturkie 

  

Audio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it.