Michael Milken's Life Was Changed by a Chance Encounter

The transcript describes a personal journey influenced by the Watts riots in 1965. The speaker recounts meeting an African American man affected by the riots, which led to a realization about social inequalities. This encounter prompted a change in the speaker's career path from science to finance and business, aiming to provide equal access to capital. The speaker achieved academic success at Berkeley and Wharton, driven by a desire to address these inequalities.

What does the speaker believe about access to capital and its relation to individual ability?

What was the speaker's academic achievement at Business School, and how is it perceived?