155: The trader’s guide to building generational wealth w/ Anthony Saliba

Anthony Saliba, an original Market Wizard, was first on episode 107. On that episode, we mostly discussed Tony’s life as a trader and related subjects. But one area we didn’t get into too much, was his life as a parallel entrepreneur and an investor.

So, I mentioned to Tony, this time around, it’s something I’m keen to hear a lot more about. Because his success extends far beyond trading alone…

For example; LiquidPoint, an options execution and technology firm which Tony founded, was acquired in 2007 for a sum of mid nine-figures. He’s also invested in upwards of 100 companies—in a whole range of sectors, owns a golf resort, shopping centres and other real estate. And that’s not all.

Topics of discussion:

Tony speaks on how trading success, in many ways, was a stepping stone towards greater opportunities, and the mindset he developed when trading options.
What’s the likelihood that an independent trader can accumulate generational wealth from nothing other than trading, steps to take after reaching consistency.
How to differentiate between a worthwhile opportunity and distraction, definitively separating passive and active investment, the key to time efficiency.
Must entrepreneurs take big risks in order to make big money, Tony shares a risky bet which cost him millions and best advice for anyone entering a partnership.
Early stage startups versus established companies, lump sum gains versus constant income streams, case studies of recent investments in various sectors.

Anthony Saliba: Options trader, serial entrepreneur and angel investor.

Links and resources mentioned:

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