Friday Wrap-Up: Milken’s Method and a Tech Day in New York
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Hi everyone and welcome back to our Friday wrap up. I'm Still Martis God. I'm Nikola Tangen from New York. Great to see you, Nikolai. This week you spoke to Mike Milking.
Why did you want to have him on the podcast? Well, that is just so interesting because when I uh went to Wharton, he was on the wall of fame and they basically had a wall where they had pictures of the aluminize. who had achieved great things. And he basically started up the high yield market, which is uh also called, you know, the junk market. They don't particularly like that word, but it's a high yield market where you basically get Higher paid.
For lending to riskier companies. And uh it's just incredible what that whole industry opened up. Uh it enabled The consolidation of totally new industries in uh telecom in media. And so on, and these industries wouldn't have been there, and some of these famous names, you know, the founders, the big founders of
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