New York to Florida: ‘I know of no business that has generated long term success by driving away its highest paying customers’

It's hard to compete when Florida doesn't have a state income tax or a New York City income tax.

$2.3 billion hedge fund manager on his move from New York to Florida: "I know of no business that has generated long-term success by driving away its highest paying customers." https://t.co/AfL9vIFuod

— FORTUNE (@FortuneMagazine) April 11, 2024