[REPLAY] Will Thorndike - How Skilled Capital Allocators Compound Capital - [Invest Like the Best, EP.36]

[REPLAY] Will Thorndike - How Skilled Capital Allocators Compound Capital - [Invest Like the Best, EP.36]

This week’s guest is Will Thorndike, an author and investor whose book The Outsiders is an all-time favorite of mine. Our conversation is in two parts. First, we dive deep into the lessons of his 8-year research project studying CEOs who were master capital allocators. These CEOs include Henry Singleton, John Malone, Tom Murphy, Katherine Graham, and Warren Buffett. We discuss how these CEOs tended to be contrarians on topics like dividends, buybacks, acquisitions, and the use of debt. As we go through each of the tools in the capital allocators toolkit, you’ll hear several useful lessons for running or evaluating a business. In the second part, we cover Will’s career in private equity. Will founded and continues to run Housatonic Partners, investing in buyouts, recaps, and search funds. Will has been one of the most active search fund investors for decades, and given how much time I’ve spent in past episodes on the searchers or operators in the micro-cap, permanent equity space, it was great to get the perspective of an experienced LP. As always, we also take time to survey the dangers and opportunities in today’s private equity market. For comprehensive show notes on this episode go to http://investorfieldguide.com/thorndike For more episodes go to InvestorFieldGuide.com/podcast. Sign up for the book club, where you’ll get a full investor curriculum and then 3-4 suggestions every month at InvestorFieldGuide.com/bookclub. Follow Patrick on Twitter at @patrick_oshag

Episoder(573)

Doug Colkitt - The Evolution of Markets - [Invest Like the Best, EP. 255]

Doug Colkitt - The Evolution of Markets - [Invest Like the Best, EP. 255]

My guest today is Doug Colkitt. Doug has spent his career searching for and trading inefficient markets, first at Citadel’s high-frequency trading group, then for himself, and then as an operator buil...

14 Des 20211h 19min

Bill Gurley and Philip Rosedale - Back to the Future - [Invest Like the Best, EP. 254]

Bill Gurley and Philip Rosedale - Back to the Future - [Invest Like the Best, EP. 254]

My guests today are Philip Rosedale and Bill Gurley. Philip created Second Life in the early 2000s and helped build it into the largest virtual 3D world ever created at the time. Frequent listeners wi...

7 Des 20211h 18min

Francis Davidson - Design-led Hospitality - [Invest Like the Best, EP.253]

Francis Davidson - Design-led Hospitality - [Invest Like the Best, EP.253]

My guest today is Francis Davidson, founder and CEO of the hospitality brand Sonder. Francis launched Sonder in 2013 as an alternative to traditional hotels and rentals with a specific focus on techno...

30 Nov 202155min

Niraj Shah - Developing Every Skill - [Invest Like the Best, EP. 252]

Niraj Shah - Developing Every Skill - [Invest Like the Best, EP. 252]

My guest today is Niraj Shah, the CEO and co-founder of Wayfair. Wayfair started life in 2002 as a collection of independent websites selling category-specific home furniture but became a one-stop-sho...

23 Nov 20211h 6min

Bored Ape Yacht Club -  [Web3 Breakdowns, EP. 1]

Bored Ape Yacht Club -  [Web3 Breakdowns, EP. 1]

Today, I am excited to share our newest show, Web3 Breakdowns. Similar to our Business Breakdowns series, Web3 will have it's own dedicated feed so make sure to hit this subscribe link or find it on ...

18 Nov 202154min

Will Marshall - Indexing the Earth - [Invest Like the Best, EP. 251]

Will Marshall - Indexing the Earth - [Invest Like the Best, EP. 251]

My guest today is Will Marshall, the co-founder and CEO of Planet. Will founded Planet in 2010 with a small team of NASA scientists to build a constellation of satellites that would image the entire E...

16 Nov 202152min

Roelof Botha - Sequoia’s Crucible Moment - [Invest Like the Best, EP. 250]

Roelof Botha - Sequoia’s Crucible Moment - [Invest Like the Best, EP. 250]

My guest today is Roelof Botha, a partner at one of the world’s oldest and most successful venture firms, Sequoia Capital. A few days ago before I sat down with Roelof, he announced Sequoia’s boldest ...

5 Nov 20211h 10min

Sarah Friar - Building the Local Graph - [Invest Like the Best, EP. 249]

Sarah Friar - Building the Local Graph - [Invest Like the Best, EP. 249]

My guest today is Sarah Friar, the CEO of Nextdoor, which connects people in local neighborhoods together. Sarah’s CV sparkles with impressive achievements at interesting businesses, and we spend a lo...

2 Nov 20211h 15min

Populært innen Business og økonomi

stopp-verden
dine-penger-pengeradet
lydartikler-fra-aftenposten
rss-penger-polser-og-politikk
e24-podden
rss-borsmorgen-okonominyhetene
pengepodden-2
livet-pa-veien-med-jan-erik-larssen
pengesnakk
tid-er-penger-en-podcast-med-peter-warren
utbytte
finansredaksjonen
morgenkaffen-med-finansavisen
lederpodden
rss-markedspuls-2
rss-pa-konto
boligbobla
rss-fa-makro
rss-investering-gjort-enkelt
rss-andelige-tanker-med-camillo