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Grant Cardone = Bankrupt (Dumb PR Stunt)

LifeTransformer

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This is someone who has been the topic of a few threads here, so I thought I'd post this up.
.
Seems like he's broke:
View: https://youtu.be/u9_5223XaDY

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I don't know why I never really followed this guy much, but I I guess his personality didn't sit entirely right with me or something
.
Great motivational speaker, but...
 
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MJ DeMarco

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Gee, he was over-leveraged?

I would have NEVER have guessed?!?!

With all due respect, I'm impressed he confessed it.

Still, I get the feeling it's a PR stunt. And that it isn't true.

Guess we shall see.
 

LifeTransformer

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Gee, he was over-leveraged?

I would have NEVER guessed?!?!

With all due respect, I'm impressed he confessed it.

Still, I get the feeling it's a PR stunt. And that it isn't true.

Guess I need to check the SEC website more often.

That's what I was thinking at first, he's in some kind of 10X office/suite there isn't he? (His "thing") Unless that's just a prop from somewhere of course.

I dunno, he did/does strike me as a Guru type. Just thought I'd post it up to see what people thought, or if they knew more.
 

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GPM

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365GC, yup that is his plane! Guess he really did go 10x.

I was browsing real estate in my city. The former most expensive house in the city has been for sale for a while. Well it is currently still for sale, and I am pretty sure that the list price has dropped by more than half. If I recall correctly they were asking for like 12 million last year, it's currently at 5.5. It's nearly 2 acres on top of a hill in pretty close to the middle of the city.

I wonder who owns it, they must be hurting BAD if they are going to offload it for that cheap.
 

ZF Lee

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This is someone who has been the topic of a few threads here, so I thought I'd post this up.
.
Seems like he's broke:
View: https://youtu.be/u9_5223XaDY

.
I don't know why I never really followed this guy much, but I I guess his personality didn't sit entirely right with me or something
.
Great motivational speaker, but...
Good Lord!
Whuuut....

Not even bankruptcy on just one of his companies.
But he mentioned his condos and aircraft are being taken away...I think they are put under his business entities? Then he might still have some pants on.

Still, I get the feeling it's a PR stunt. And that it isn't true.

Guess we shall see.
If its a stunt, what he is looking to achieve, besides catching broad attention?
What product is he trying to edge folks towards?

Somehow, I worry whether this 'stunt' might break the narrative of his branding...
 

Envision

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Imagine giving that guy your money to "invest"

I cant tell if he's serious in the video, but either way you would never see a real solid investor make a video like that.. Picture Ray Dalio, Warren Buffett, or Sam Zell doing that.. They wouldnt.

Also, I dont doubt he will go broke in some fashion. He laid off 60 people the first week this virus hit and hes been emailing and posting trying to get people into his fund everyday since + he's taken money from non accredited investors and stopped distributions.

It's like watching a train wreck happen. Cant look away.
 
G

Guest24480

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He’s obviously trolling..mocking the people who said he was going bankrupt by telling them to buy his private jet for a discounted 8 mil, which he knows is money they’re not even close to having.

He’s been studying the president’s deflection tactics..
 
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CoachR

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Wow! Followed him a bit after reading 10x. Slowly through the years after getting a bit fame seems he’s gotten pretty cocky. Still think this could possibly be a stunt, interested to see what happens.
 

EVMaso

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eekern

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When I found out he was a scientologist - all my respect for him went out of the window.

Same

Imagine giving that guy your money to "invest"

I cant tell if he's serious in the video, but either way you would never see a real solid investor make a video like that.. Picture Ray Dalio, Warren Buffett, or Sam Zell doing that.. They wouldnt.

Also, I dont doubt he will go broke in some fashion. He laid off 60 people the first week this virus hit and hes been emailing and posting trying to get people into his fund everyday since + he's taken money from non accredited investors and stopped distributions.

It's like watching a train wreck happen. Cant look away.

Exactly !

This is a stunt, but a very childish and bad one..
 

Zcott

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That's shocking really... Grant never sat easily with me as a genuine person so you can't tell if this is some sort of PR stunt or if his charade has caught up with him. Fair play for admitting it though if it's true.

Ever read / listen to one of his books? They're trash. They're about 10% helpful content and 90% off-topic trash and full of self promotion as he changes thought mid-paragraph.
 
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Jaco

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That's shocking really... Grant never sat easily with me as a genuine person so you can't tell if this is some sort of PR stunt or if his charade has caught up with him. Fair play for admitting it though if it's true.

Ever read / listen to one of his books? They're trash. They're about 10% helpful content and 90% off-topic trash and full of self promotion as he changes thought mid-paragraph.
I second that. The only audible book I have ever returned for a refund was 10x, as there was almost no value in the first three chapters and I personally couldn’t tolerate his narration.
 

socaldude

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Well im a little skeptical, i dont think he is broke.

But if its true it should be easy to verify as bankruptcy petitions are not sealed in federal court in other words they are public.
 
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Zcott

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This was interesting between Jordan Belfort and Grant Cardone. Grant normally has a big personality but towards the end of this you notice his body language has shrunk a bit and Jordan has kept control of the conversation.

 

Val Okafor

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It was an April Fools joke. He mentioned it today.
I know it had to be!

I am not obsessed about him, but there is some truth and relatability to his doctrine. No one can argue about living below your means, saving money, working extra hard, and growing your money.
 

Envision

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One of my friends is in gobundance and there are a few people that are invested with Grant in there and he was told there is a lawsuit being organized against him.
 

George Appiah

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Gee, he was over-leveraged?

I would have NEVER have guessed?!?!

With all due respect, I'm impressed he confessed it.

Still, I get the feeling it's a PR stunt. And that it isn't true.

Guess we shall see.

This was a joke. He spoke about it on his own YouTube channel.

View: https://youtu.be/85ZA5clk3Lg
 

Champion

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Someone just told me that in the US you can save taxes in real estate when you declare bankruptcy and apparently Trump also pulled that off a few times... maybe something to do with that? :D
 

socaldude

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As I said before, it was an obvious joke. You could see it in his body language.

yeah you could tell by his tone, kind of like mocking his haters. Because he didn’t admit it in the video right away says something about his character. I’m just gonna say I don’t trust those personality types.
 
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G

Guest24480

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yeah you could tell by his tone, kind of like mocking his haters. Because he didn’t admit it in the video right away says something about his character. I’m just gonna say I don’t trust those personality types.
Definitely don't trust the guy that's for sure. He's an interesting character nonetheless
 

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