Banco Garantia

2 statements across 1 episodes · 1 bullish · 0 bearish · 1 people on the record · first statement May 25, 2021 by Sam Parr · said 3 times in 1 episodes since 2021 · across every show →

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brought up most by Sam Parr (3)

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Everything said about Banco Garantia, oldest first

May 25, 2021 positive
Assertion Supported
Parr: Lemann built Banco Garantia by hiring candidates with 'PSD' traits
“That's what he looked for, was people who had PSD, and he would hire these folks, and it, in, previously, at different companies, you would automatically get a bonus if you were one of the partner, but they created some type of system that was, ah, they tried …”
Sam Parr May 25, 2021 ▶ 6:53 Andrew Wilkinson On The Secretive Billionaire Who Acquired Burger King | My First Million #185
May 25, 2021 neutral
Assertion Supported
Parr: Banco Garantia made $1B annual profit before selling for $650M
“It was something like a billion dollars in profit at one year, but he said that they got cocky and they screwed up. They overbought some stuff and it eventually went south and it sold for six hundred fifty million dollars, which is a, still a ton of money, but…”
Sam Parr May 25, 2021 ▶ 7:26 Andrew Wilkinson On The Secretive Billionaire Who Acquired Burger King | My First Million #185
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