FTX Fiasco Caused by SBF’s Double-or-Nothing Philosophy

For investors, the collapse of FTX is a reminder to be wary of founders like SBF with an excessive risk appetite. For entrepreneurs, it is a lesson to implement oversight and risk management plans to avoid the fate of SBF and FTX. That's the key take-away message of this episode of the Wise Decision Maker Show, which describes how Sam Bankman-Fried's double-or-nothing philosophy caused the collapse of FTX.

This article forms the basis for this episode: https://disasteravoidanceexperts.com/...

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The Wise Decision Maker Show is produced by Disaster Avoidance Experts and Dr. Gleb Tsipursky
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