I've been having a conversion about investing and money with the reader "Frat Man" in the comments section of another post. He asked: I also had one other question I have always wondered. Where do millionaires keep their money? In the sense that FDIC insurance only covers $250,000 at the bank and SIPC only covers $500,000 at the brokerage. I mean, I can't see Bill Gates putting $250,000 at thousands of banks across the country, nor can I imagine Lou Simpson's net worth getting wiped down to … [Read more...]
I'm a private investor, author, and business philosopher who started with nothing and was essentially retired by my early twenties thanks to my first Internet startup. I went to school on a music scholarship and spend my days doing what I want and growing Kennon Green Enterprises, LLC, the family holding company. 
