Mormon Hedge Fund
A deep dive into the Mormon Church's surprising $100 billion hedge fund reveals how tithing and historical business ventures have contributed to its wealth. Members contribute 10% of their income, while the fund, benefiting from tax exemptions, primarily invests in public equities like Apple and Microsoft. The discussion highlights the church's selective investment strategy, avoiding companies that conflict with its values.In this clip
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My First Million
Investigating The Mormon's $100 Billion Hedge Fund (#424)
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