Podcasts about Colossus

This is Zack Fuss. Today we are breaking down Vistra Corp. Vistra is an integrated retail electricity and power generation company. The company, through its subsidiaries, is involved in electricity generation and wholesale and retail energy sales to commercial, municipal and residential customers across the U.S. The company serves 4 million Americans across 20 states producing 37,000 megawatts of capacity, enough to power 20 million homes. To break down Vistra, I'm joined by John DeGulis, Partner and Portfolio Manager at Sound Shore Management. We go through the dramatic evolution of the industry, the acquisition track record of Vistra, and zoom out on the broader electricity production & distribution business and history in the United States. Please enjoy this conversation on Vistra Corp. Interested in hiring from the Colossus Community? Click here. For the full show notes, transcript, and links to the best content to learn more, check out the episode page here.  ----- This episode is brought to you by Tegus, the modern research platform for leading investors. Stretch your research budget with flexible expert calls you can trust. At a fraction of the cost of traditional expert networks, Tegus customers pay only what an expert charges – with zero markups and no confusing call credits – netting an average 70% savings. Don't want to conduct a full hour call? Tegus offers the ability to schedule 30-minutes, an offer you won't find anywhere else. And they don't stop there. With white-glove custom sourcing for every project and robust compliance measures, including a dedicated 50+ analyst team that vets every call transcript, Tegus ensures your privacy and protection. As the industry innovator for qualitative insights, Tegus helps you find the right experts you need at a quality and speed that can't be matched. For a limited time, as a listener, you can trial Tegus for free by visiting tegus.co/patrick. ----- Business Breakdowns is a property of Colossus, LLC. For more episodes of Business Breakdowns, visit joincolossus.com/episodes. Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here. Follow us on Twitter: @JoinColossus | @patrick_oshag | @jspujji | @zbfuss | @ReustleMatt | @domcooke Show Notes (00:02:52) - (First question) - A brief history of Vistra (00:10:57) - An overview of Vistra's business model  (00:14:11) - Navigating the value chain of merchant power from generation to retail and how Vistra positions itself within the industry (00:27:28) - The contrast between financial analysis and consumer perspectives and Vistra's strategic cash flow allocation toward renewables and shareholder returns (00:32:49) - The limitations when charging for electricity utilities  (00:35:23) - A breakdown of Vistra Vision, the allocation of profits from traditional energy generation for growth in renewable energy (00:39:29) - Vistra's management team and the key players  (00:42:58) - Vistra's potential expansion plans into solar, wind and nuclear  (00:46:30) - How Vistra could be an integral part of the nation's energy transition to low or no-carbon electricity (00:49:28) - The lessons learned from studying Vistra Learn more about your ad choices. Visit megaphone.fm/adchoices

My guests this week are Peter Fenton and Victor Lazarte. Peter and Victor are both General Partners at Benchmark. Of the six equal partners at the storied venture firm, Peter is the longest serving and Victor is the newest, having spent the past decade founding and building Wildlife Studios into one of the biggest independent mobile gaming companies in the world. Peter has been a board member at Wildlife for the past four years and has a remarkable track record of tech investing over his two decades at Benchmark. In our discussion, we talk about the core motivators behind great entrepreneurs, Benchmark's unique operating philosophy, and what it's like to transition from builder to investor. Please enjoy this conversation with Peter Fenton and Victor Lazarte. Listen to Founders Podcast: #326 Anna Wintour  For the full show notes, transcript, and links to mentioned content, check out the episode page here. ----- This episode is brought to you by Tegus, the modern research platform for leading investors. Stretch your research budget with flexible expert calls you can trust. At a fraction of the cost of traditional expert networks, Tegus customers pay only what an expert charges – with zero markups and no confusing call credits – netting an average 70% savings. Don't want to conduct a full hour call? Tegus offers the ability to schedule 30-minutes, an offer you won't find anywhere else. And they don't stop there. With white-glove custom sourcing for every project and robust compliance measures, including a dedicated 50+ analyst team that vets every call transcript, Tegus ensures your privacy and protection. As the industry innovator for qualitative insights, Tegus helps you find the right experts you need at a quality and speed that can't be matched. For a limited time, as a listener, you can trial Tegus for free by visiting tegus.co/patrick. ----- Invest Like the Best is a property of Colossus, LLC. For more episodes of Invest Like the Best, visit joincolossus.com/episodes.  Past guests include Tobi Lutke, Kevin Systrom, Mike Krieger, John Collison, Kat Cole, Marc Andreessen, Matthew Ball, Bill Gurley, Anu Hariharan, Ben Thompson, and many more. Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here. Follow us on Twitter: @patrick_oshag | @JoinColossus Show Notes (00:04:10) - (First question) - Victor's early expectations after being at the company for just three months (00:05:39) - What Victor misses from the operating life (00:06:59) - Peter's opinion on what makes Benchmark a fascinating company (00:15:00) - Peter and Victor's perspective on the significance of the phrase “life's work” (00:24:19) - The influence of market tailwinds on success in investing (00:29:42) - How to keep founders' generative drive at peak levels (00:32:39) - Balancing aggression, desire and generative drive when building and operating a business (00:34:22) - Victor's approach to dealing with pleasure seeking as a successful operator  (00:38:29) - Why Benchmark intentionally raises funds at half the suggested amount (00:43:13) - Lessons learned from navigating challenging scenarios in venture capital  (00:46:27) - What excites Victor as he starts a new venture at Benchmark (00:48:19) - Why AI is more akin to the internet than crypto (00:52:41) - The significance of platform-based businesses in the contemporary landscape (00:57:45) - The impact tech giants exert on new entrants in the industry  (00:61:00) - Victor's opinion on what makes great games and great gaming businesses (01:13:44) - Where Peter and Victor feel they have areas to grow (01:19:48) - Perspectives on human progress (01:21:14) - The kindest thing that anyone has done for both Peter and Victor

#254 - It's that time of year! I talk about this year's San Francisco Turkey Trot and some cool gift ideas for the runners in your life. I also come clean about some realizations I have about my running these days. It is a jam-packed episode, one you don't want to miss! All the links are on the show website! Fit, Healthy & Happy Podcast Welcome to the Fit, Healthy and Happy Podcast hosted by Josh and Kyle from Colossus...Listen on: Apple Podcasts SpotifySupport the showMartha Runs the World websitehttps://www.martharunstheworld.com/Email:martharunstheworld@gmail.comInstagram:https://www.instagram.com/martha_runs_sf/

Our teacher today is Jeff Marrazzo, Co-Founder and former CEO of Spark Therapeutics. Under Jeff's leadership, this biotech company was the very first in history to receive FDA approval for a gene therapy. Spark has helped to ignite and expand the art of what's possible and how we will seek to treat and potentially cure hundreds of genetic conditions over the coming decades. Jeff provides us with an insider's overview of the biotechnology industry and shares the full story of Spark, from its humble origins in the labs of Children's Hospital of Philadelphia all the way through to its nearly $5 billion acquisition by Roche. I hope you enjoy our class with the inspiring Jeff Marrazzo.  For the full show notes, transcript, and links to mentioned content, check out the episode page here. ----- This episode is brought to you by Summus. Summus is a revolutionary health benefits solution, driving superior employee engagement while dramatically lowering your company's enterprise-level healthcare spend. They're completely transforming the world of health benefits by providing employers and their employees in any location, fast access to over 5,100 of the top medical specialists from America's very best medical centers for support across all health questions. If you're looking for a benefit that drives your employee engagement, truly takes care of your people in their most scary and vulnerable times, all while improving your healthcare ROI, visit GoSummus.info/AOI. This episode is brought to you by Hunt Club. Hunt Club unlocks relationships and helps companies grow. Whether it's recruiting your next hire, landing your next big partner, or financing your business, a trusted introduction always works more effectively. Hunt Club's tech-enabled search model leverages the largest community of its kind to refer amazing talent on your behalf. Additionally, its software program, Atlas, helps organize the entire network of a company or fund and assists in streamlining the right introductions. If you're looking for the ideal solution for all of your talent needs, visit HuntClub.com/AOI. ----- Art of Investing is a property of Pine Grove Studios in collaboration with Colossus, LLC. For more episodes of Art of Investing, visit staygrovey.com.  Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here. Follow us on Twitter: @ArtofInvest | @Buhrman_Rick | @PaulBuser | @JoinColossus Show Notes (00:06:20) - [First question] - Witnessing the impact of aiding others (00:10:45) - The genesis of the vision for Spark Theraputics (00:15:11) - Securing FDA approval (00:20:22) - Navigating the venture capital landscape (00:27:26) - Confronting periods of doubt (00:33:21) - The significance of gene therapy in the US (00:38:40) - Drawing inspiration for interdisciplinary collaboration (00:43:58) - Guidance for youth seeking to capitalize on opportunities (00:50:20) - Anticipating advancements in life sciences and healthcare (00:54:34) - The role of AI in advancing gene therapy (00:58:38) - Ways to engage with biotechnology (01:04:55) - Simplifying the complexities of biotechnology investment

This week, we're doing what we do every week, which is celebrating the most unique bond any two beings can possible share—the bond of FRIENDSHIP. But it's an especially wet form of friendship in Excalibur #117, “Amendments,” featuring part 2 of Kurt Wagner's epic showdown with his iconic arch nemesis, the Sidri, this time, with 100% more Colossus. Comics scholar Dr. Lee Easton helps us untangle this epic tale of brothers in arms thrusting, parrying, and sploorching their uniquely friendly love across the page.

Candice and Rikki are enjoying time away, so I thought you might enjoy hearing from a member of the Real WW Talk community who is also a WW National Coach - Coach Kimmi. She's smart, thoughtful, artistic, whimsical, and loved by so many in the WW community. We'll get a peek behind the scenes of Kimmi's life and talk through some ways to make a fun and healthy holiday season.Fit, Healthy & Happy Podcast Welcome to the Fit, Healthy and Happy Podcast hosted by Josh and Kyle from Colossus...Listen on: Apple Podcasts SpotifyJoin the Real WW Talk 3rd Annual Holiday Hustle StepBet!Download the StepBet app, and use the gamecode RWWT to join. Warm-Up Week is happening now, so hurry! Saturday is the final day to join. This StepBet ends December 23rd!https://step.bet/1rsY2fmamEbSupport the show

Today's guest is the anonymous Twitter account CarDealershipGuy, also known as CDG. I was excited for this episode because it combined two of my biggest interests - markets and cars- and CDG did not disappoint. We cover a lot of ground, starting with why car dealerships are such a great business. We then talk about the state of the car market in 2023, the auto worker's strike, discounting and lending, and a lot more. Please enjoy my conversation with CarDealershipGuy. Note: this episode was recorded on 20 October, before the Auto Workers strike was resolved. For the full show notes, transcript, and links to the best content to learn more, check out the episode page here. ----- Making Markets is a property of Colossus, LLC. For more episodes of Making Markets, visit joincolossus.com/episodes. Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here. Follow us on Twitter: @makingmkts | @ericgoldenx  Show Notes: (00:01:50) - First Question - How he got the name The Car Dealership Guy  (00:04:03) - CDG's background in the car industry  (00:06:27) - The benefits of owning a new car dealership (00:08:24) - Competing dealership franchises and building rules  (00:08:48) - He debunks myths around manufacturers and poorly run dealerships (00:09:40) - The benefit of consolidating dealerships (00:11:19) - Where the profit margins have come from over the past few years (00:11:50) - Covid's effect on the new and used car markets (00:14:00) - How working from home during the pandemic impacted sales (00:15:04) - Used versus new and the competition between the two markets (00:17:04) - The economics of a used car life cycle  (00:18:37) - Demand for used cars and how they change dealership purchasing  (00:20:11) - High interest rates and potential market risks that could affect the market (00:22:20) - He gives insight into the high-end vehicle market (00:23:43) - How dealerships and manufacturers sell cars that aren't moving (00:25:28) - How a new car dealership loses money    (00:27:16) - The traditional car sale and its ability to change  (00:28:50) - Leasing versus buying in today's market (00:30:45) - Why leasing is popular and its benefits to the consumer (00:31:28) - Reaching an inflection point in the car market  (00:33:04) - The average consumer and their interest in tracking car prices (00:34:31) - He explains how dealers expand their inventory (00:34:53) - How the strike has impacted the industry  (00:37:39) - He explains why car dealers are more like gamblers (00:38:31) - The potential disruption the strike could have on the future market (00:40:11) - Using auction markets as a barometer for prices (00:41:00) - The most important type of vehicle to watch for market value positioning (00:41:51) - Depreciation and resale on both electric and combustion engine vehicles (00:44:45) - He talks to us about CDG and his podcast   (00:47:06) - What would be a good $100,000 car purchase and what would be bad Learn more about your ad choices. Visit megaphone.fm/adchoices

This is Matt Reustle. Today we are breaking down Entegris, a supplier of advanced materials and process solutions for semiconductors. Small interferences with the different materials that exist within the semiconductor will slow it down and make it inoperable, and that's where Entegris comes into play.  We get into that discussion with our guest, Daniel Pilling from Sands Capital. He joins us to talk through the history of semiconductors in his own terms, what makes it such a fascinating industry to cover, and what makes Entegris unique operating as a small player in an overall huge universe, dominated by major players. Please enjoy this breakdown of Entegris. Interested in hiring from the Colossus Community? Click here. For the full show notes, transcript, and links to the best content to learn more, check out the episode page here.  ----- This episode is brought to you by Tegus. Tegus is the modern research platform for leading investors, and provider of Canalyst. Tired of calculating fully-diluted shares outstanding? Access every publicly-reported datapoint and industry-specific KPI through their database of over 4,000 driveable global models handbuilt by a team of sector-focused analysts, 35+ industry comp sheets, and Excel add-ins that let you use their industry-leading data in your own spreadsheets. Tegus' models automatically update each quarter, including hard to calculate KPIs like stock-based compensation and organic growth rates, empowering investors to bypass the friction of sourcing, building and updating models. Make efficiency your competitive advantage and take back your time today. As a listener, you can trial Canalyst by Tegus for free by visiting tegus.co/patrick. ----- Business Breakdowns is a property of Colossus, LLC. For more episodes of Business Breakdowns, visit joincolossus.com/episodes. Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here. Follow us on Twitter: @JoinColossus | @patrick_oshag | @jspujji | @zbfuss | @ReustleMatt | @domcooke Show Notes (00:03:00) - (First question) - Why semiconductors is an interesting industry for Daniel (00:05:45) - An introduction to Entegris and its business (00:07:19) - A look at the chemicals produced for computer chip manufacturing (00:09:39) - A historical look at the importance of chemicals in chipmaking (00:11:45) - The cost of chemicals within a chip (00:13:55) - The backstory as to how Entegris started operating and their competitors  (00:17:03) - How the business has been able to remain so independent (00:21:57) - The stickiness of the business and how they aim to be the partner of choice (00:23:22) - A look at previous execution and any issues that have occurred in the past (00:23:56) - The cyclicality of the semiconductor industry historically (00:25:45) - An overview Entegris' pricing power and maintaining margin profile (00:28:32) - Operating leverage within the business and how the margin profiles differ between the different segments (00:30:03) - A look at the business' research and development spend (00:32:01) - How the business has approached mergers and acquisitions over the years (00:34:04) - Whether the business has ever been a target acquisition for a larger player  (00:34:48) - The outlook for Entegris' revenue growth, expected margin expansion due to operating leverage (00:37:05) - Possible threats to the business from new technology (00:39:04) - A look at other potential risks to Entegris (00:41:18) - Should the industry's growth slow or even decline how it could affect Entegris  (00:42:46) - How Daniel values the business comparing it to its peer group (00:45:04) - Other risks to the business not mentioned (00:46:00) - The lessons learned from Entegris Learn more about your ad choices. Visit megaphone.fm/adchoices

On today's episode, Dr. Jaime interviews Darryl Bosshardt!Darryl Bosshardt is passionate about healthy living, healthy eating, and life-long learning. Darryl grew up working for the family mineral business in Redmond, UT. Then he earned a Bachelor of Science degree at Southern Utah University, followed by an MBA at Western Governor's University.Salt is one of the most misunderstood minerals on Earth. Learn about salts from around the World, discover misconceptions about "sea salt," and see how "a low salt diet" might be a mistake.  GET 15% OFF EQUIP PRIME PROTEIN USING CODE DRFIT AT WWW.EQUIPFOODS.COMFit, Healthy & Happy Podcast Welcome to the Fit, Healthy and Happy Podcast hosted by Josh and Kyle from Colossus...Listen on: Apple Podcasts Spotify

#253 - This year, we can make a plan and choose to not gain a ton of weight if we like! I did a Healthy Holiday Eating episode a couple years ago, so this is an updated version, with a few additions I think you'll find helpful. There's no need to lock yourself away this season; you can enjoy yourself without going wild if you make a few adjustments. It's up to you! All the links and information from the episode is on the show website. Fit, Healthy & Happy Podcast Welcome to the Fit, Healthy and Happy Podcast hosted by Josh and Kyle from Colossus...Listen on: Apple Podcasts SpotifySupport the showMartha Runs the World websitehttps://www.martharunstheworld.com/Email:martharunstheworld@gmail.comInstagram:https://www.instagram.com/martha_runs_sf/

Today's episode is a conversation with Lior Susan, the Founder of Eclipse Ventures, whose mission is to unlock solutions to age-old physical industry problems through the intersection of bits and atoms. Lior is Israeli, and served in Israel's special forces before founding Ecplise. The topic of conversation is one fellow investor's perspective of the terror attacks of October 7 and the path forward. I hope more than anything that collective action is in the direction of fewer people dying, and most importantly, zero innocent civilizations dying in Israel and in Gaza and Palestine. This is not a political show, and it won't become one. This is a conversation with a person deeply and personally affected by the Hamas terror attacks of October 7, who I believe to be a very good person who wants to be a part of change in the right direction for everyone good in and around Israel and Gaza, regardless of their background, religion, or anything else about them. Please enjoy my conversation with Lior Susan. Listen to Founders Podcast: #326 Anna Wintour For the full show notes, transcript, and links to mentioned content, check out the episode page here. ----- This episode is brought to you by Tegus. Tegus is the modern research platform for leading investors, and provider of Canalyst. Tired of calculating fully diluted shares outstanding? Access every publicly-reported data point and industry-specific KPI through their database of over 4,000 drivable global models hand-built by a team of sector-focused analysts, 35+ industry comp sheets, and Excel add-ins that let you use their industry-leading data in your own spreadsheets. Tegus' models automatically update each quarter, including hard-to-calculate KPIs like stock-based compensation and organic growth rates, empowering investors to bypass the friction of sourcing, building, and updating models. Make efficiency your competitive advantage and take back your time today. As a listener, you can trial Canalyst by Tegus for free by visiting tegus.co/patrick. ----- Invest Like the Best is a property of Colossus, LLC. For more episodes of Invest Like the Best, visit joincolossus.com/episodes.  Past guests include Tobi Lutke, Kevin Systrom, Mike Krieger, John Collison, Kat Cole, Marc Andreessen, Matthew Ball, Bill Gurley, Anu Hariharan, Ben Thompson, and many more. Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here. Follow us on Twitter: @patrick_oshag | @JoinColossus Show Notes (00:02:50) - [First question] - Recounting Lior's thus far (00:08:22) - Insights on the global situation post-October 7th (00:13:30) - Delving into Israel's historical backdrop (00:18:40) - Analyzing the wave of protests on college campuses (00:22:22) - Sharing thoughts on Palestine (00:27:42) - Planning for the use of his time ahead (00:30:34) - Evaluating the current state of leadership in Israel (00:35:20) - Concerns for the welfare of innocent people (00:39:40) - Assessing technology's role in future conflicts (00:43:01) - Crafting pathways to effective globalization (00:47:20) - Identifying traits that contribute to investment success (00:54:10) - Envisioning constructive steps post-conflict (00:56:03) - Reflecting on the lessons from strong leadership (01:00:56) - The kindest thing anyone has ever done for Lior

Richard Huvard is the founder and owner of Daylight Cycle Co. This man has a long and prolific history in BMX.  Huvard has a design background, he's started two tracks, worked with Mike Redman, ran Staats, ran factory Diamond Back and he helped with the transition of the ABA to USA BMX. When it comes to Daylight he says he's the guy with the ideas and he has a genius team around him that bring his ideas to life. In this interview we talk about R&D of products, The Daylight name, his team roster and where he sees his company in the future. This is one of those interviews I would advise you to make some time for it, grab a drink and prepare to learn. Fit, Healthy & Happy Podcast Welcome to the Fit, Healthy and Happy Podcast hosted by Josh and Kyle from Colossus...Listen on: Apple Podcasts Spotify

X-Factor #75, Wolverine #51, Marvel Comics Presents #85 & #86, Avengers Death Trap: The Vault. Theme Music: Lazlo Hollyfeld – Buffaloallamericacity

This week, Johnny, Mike, and Kim discuss: Topics discussed: Disappointing Game Releases in 2023 The Games We've Been Playing: Final Fantasy XVI, Ori and the Blind Forest, One Piece Odyssey, Redfall, Kona 2: Brume, The Invincible, Shadow of the Colossus, Bramble: The Mountain King, Spiderman 2 Links mentioned in this episode: https://linktr.ee/powergamerpodcast This podcast is hosted by ZenCast.fm

My guest today is Jeremy Schwartz. Jeremy is the Global Chief Investment Officer at WisdomTree. Before joining the group in 2005, he was the Head Research Assistant for Professor Jeremy Siegel and has helped co-author a number of books and papers with him over the years, including his popular "Stocks for the Long Run" book. Since joining WisdomTree, Jeremy has been instrumental in developing their world-renowned ETF expertise, and that is the focus of our discussion today. We break down the investment wrapper, explore why some ETFs have become massive and learn why they aren't as popular in fixed income. Please enjoy my conversation with Jeremy Schwartz. For the full show notes, transcript, and links to the best content to learn more, check out the episode page here. ----- Making Markets is a property of Colossus, LLC. For more episodes of Making Markets, visit joincolossus.com/episodes. Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here. Follow us on Twitter: @makingmkts | @ericgoldenx  (00:01:47) - First Question - A summary of Jeremy's paper he wrote with Professor Siegel (00:04:31) - An explanation of how the S&P committee adds companies to their list  (00:05:59) - A hypothesis on passive investing and its pros and cons for the S&P (00:07:51) - What investors do when a company hits zero (00:09:40) - The 7 market cap companies and how they impact the index   (00:10:47) - A snapshot of WisdomTree and its business (00:12:53) - The 2006 competing products and SEC's resistance to ETFs   (00:15:09) - How a create /redeem system works  (00:18:06) - The definition of a simple ETF basket is (00:18:53) - How banks avoid taxes when transferring equities (00:20:16) - Jeremy's strongest argument against ETFs (00:21:58) - How authorized participants make money from ETFs   (00:23:11) - The early push backs of ETFs  (00:25:02) - Index rules and who can post performance (00:27:17) - A breakdown of CRSP (Center for Research in Security Prices??)   (00:27:45) - The pros of self indexing and capitalizing on the ETF market (00:28:57) - The reason why fixed income ETFs haven't shared the similar growth of other ETFs (00:30:46) - The bond market and its major flaws (00:32:20) - Common themes of successful products (00:36:51) - Similar themes of products that do not work out  (00:38:41) - Where the Bitcoin ETF stands today  (00:40:14) - Which ETF providers will have access the the Bitcoin ETF   (00:43:18) - When the Bitcoin ETF might be available  (00:43:33) - The likelihood of non-bank providers stepping in to provide Bitcoin ETFs (00:44:22) - How providers find out and ETF has been approved (00:44:54) - Jeremy's most popular tweet is (00:45:27) - Alternative data sets and why they are important   (00:47:49) - The distribution of mortgages and how many people do not have them  (00:49:45) - Professor Siegel's view on the market (00:51:40) - Where Jeremy thinks we are in the cycle Learn more about your ad choices. Visit megaphone.fm/adchoices

This is Zack Fuss. Today we are breaking down The Coca-Cola Company. On May 8th, 1886, Dr. John Pemberton brought this perfected syrup to Jacobs Pharmacy in downtown Atlanta, where the first glass of Coca-Cola was poured for five cents a glass. Today, more than 1. 9 billion servings per day of Coke are served worldwide.  To break down Coca-Cola, I'm joined by Freddie Lait, Founder and Managing Partner at Latitude Investment Management. We cover the business of Coca-Cola and how its bottling network is imperative to its capital light business model. We discuss recent acquisitions like Costa Coffee & Body Armor and the Coca-Cola Company's expansion beyond its flagship brands and products with legacy Coke representing just 50% of their offering. Please enjoy this breakdown of the Coca-Cola Company.  Interested in hiring from the Colossus Community? Click here. For the full show notes, transcript, and links to the best content to learn more, check out the episode page here.  ----- This episode is brought to you by Tegus, the modern research platform for leading investors. Tired of running your own expert calls to get up to speed on a company? Tegus lets you ramp faster and find answers to critical questions more efficiently than any alternative method. The gold standard for research, the Tegus platform delivers unmatched access to timely, qualitative insights through the largest and most differentiated expert call transcript database. With over 60,000 transcripts spanning 22,000 public and private companies, investors can accelerate their fundamental research process by discovering highly-differentiated and reliable insights that can't be found anywhere else in the market. As a listener, drive your next investment thesis forward with Tegus for free at tegus.co/patrick. ----- Business Breakdowns is a property of Colossus, LLC. For more episodes of Business Breakdowns, visit joincolossus.com/episodes. Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here. Follow us on Twitter: @JoinColossus | @patrick_oshag | @jspujji | @zbfuss | @ReustleMatt | @domcooke Show Notes (00:03:33) - (First question) - Exploring Coca-Cola's unique business model (00:05:57) - Comparing Coca-Cola's size to its competitors (00:07:30) - Delving into the history of the company (00:12:28) - Contrasting a bottling business with brand building and distribution (00:18:53) - Examining how Coca-Cola has maintained consistent growth and driven revenue (00:23:49) - Discussing Coca-Cola's 20% ownership of Monster Energy  (00:27:11) - Assessing Coca-Cola's approach to capital allocation for value creation (00:30:33) - Highlighting the most dynamic growth segment in Coca-Cola's portfolio (00:33:43) - Breaking down Coca-Cola's business by region (00:37:39) - Adjusting to emerging risks in the marketplace (00:41:11) - Lessons learned from studying Coca Cola Learn more about your ad choices. Visit megaphone.fm/adchoices

Greetings Glocal Citizens! This week I'm joined by a longtime friend as we both were about to hit the road for weekend adventures fitting our global missions. Photographer, Dante Bowen Hendricks found his calling as a young boy in Guyana when his uncle gifted him a rotating globe that sparked Dante's fascination with world cultures. After immigrating to Brooklyn as a teen, Dante set aside his passion for photography to work in his family's shipping business. But a trip back home reignited his love for the art. Dante dove into developing his skills, studying at the International Center of Photography. Though he does commercial work digitally, Dante prefers shooting personal projects on film. He's exhibited in New York as well as Baltimore and is new local, New Orleans. He is also a co-contributor along with fellow Brooklyn-bred photographer, Phillip Moi-Thuk-Shung (http://phillipshung.com) to Inferno, a forthcoming book of photo essays. Dance and spiritual traditions are among Dante's favorite subjects. His distinct style retains a sense of childlike wonder, conveying cultures with sensitivity and nuance. Listen as Dante shares his globetrotting journey of discovering both himself and the world through his lens. Where to find Dante? On Instgram (https://www.instagram.com/infernophotos/) On Threads (https://www.threads.net/@infernophotos) On Facebook (https://web.facebook.com/dante.hendrix/photos) On YouTube (https://www.youtube.com/watch?v=LqlkHEBvjZE) What's Dante reading? Unreasonable Behavior: An Autobiography (https://a.co/d/0gqAzMc) by Don McCullin Slightly Out of Focus (https://a.co/d/48qNcsq) by Robert Capa Ceasar: Life of a Colossus (https://a.co/d/22bftsh) by Adrian Goldsworthy Napolean: A Life (https://a.co/d/aFhI5jz) by Andrew Roberts Other topics of interest: Geography of Guyana (https://en.wikipedia.org/wiki/Geography_of_Guyana) About Flatbed Trucking (https://www.saloodo.com/logistics-dictionary/flatbed-truck/#:~:text=The%20flatbed%20truck%20is%20mostly,comparable%20to%20a%20flatbed%20trailer.) Talk like a Trucker (https://www.apexcapitalcorp.com/blog/guide-to-trucker-lingo/) Guyanese Metemgee (https://www.youtube.com/watch?v=hqat7bLN-j8) About Seawall Sundays (https://exploreguyana.org/seawall/) Fuji GW690 Cameras (https://casualphotophile.com/2016/10/31/fuji-gw690-medium-format-camera-review/) Lika Cameras (https://leica-camera.com/en-int) Kodak Potra (https://en.wikipedia.org/wiki/Kodak_Portra) Knotting Hill Carnival (https://nhcarnival.org) Ndyuka People (https://en.wikipedia.org/wiki/Ndyuka_people) Chevalier Film (https://www.chevalierfilm.com) Special Guest: Dante Bowen Hendricks.

My guest today is Brad Jacobs. Brad's resumé is remarkable. He has founded seven companies, all of which are billion-dollar or multibillion-dollar businesses. He has done 500 M&A transactions and raised $30 billion dollars of debt and equity capital. Currently, he is the Executive Chairman of XPO, a commercial trucking company that he started in 2011 and has grown into one of the largest logistics businesses in the world. He has also written a book that will be out in January, titled “How to Make a Few Billion Dollars”. Brad's energy is infectious and our conversation unpacks his strategies for M&A, his propensity for speed, and methods for earning team buy-in. Please enjoy my conversation with Brad Jacobs. Listen to Founders Podcast For the full show notes, transcript, and links to mentioned content, check out the episode page here. ----- This episode is brought to you by Tegus. Tegus, the modern research platform for leading investors. Tired of running your own expert calls to get up to speed on a company? Tegus lets you ramp faster and find answers to critical questions more efficiently than any alternative method. The gold standard for research, the Tegus platform delivers unmatched access to timely, qualitative insights through the largest and most differentiated expert call transcript database. With over 60,000 transcripts spanning 22,000 public and private companies, investors can accelerate their fundamental research process by discovering highly-differentiated and reliable insights that can't be found anywhere else in the market. As a listener, drive your next investment thesis forward with Tegus for free at tegus.co/patrick. ----- Invest Like the Best is a property of Colossus, LLC. For more episodes of Invest Like the Best, visit joincolossus.com/episodes.  Past guests include Tobi Lutke, Kevin Systrom, Mike Krieger, John Collison, Kat Cole, Marc Andreessen, Matthew Ball, Bill Gurley, Anu Hariharan, Ben Thompson, and many more. Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here. Follow us on Twitter: @patrick_oshag | @JoinColossus Show Notes (00:02:11) - (First question) - Identifying key factors in a market before investing (00:05:07) - Gleaning insights from early acquisition experiences (00:08:43) - Delving into the seller's mindset during a business sale (00:12:51) - Weighing pre-built against organic growth strategies in acquisitions (00:17:20) - Defining the elements of an ideal business (00:22:49) - Engaging constructively with Wall Street (00:24:36) - Discussing the substantial buyback of XPO shares (00:28:16) - Ambition as a recurring theme in entrepreneurial success (00:30:17) - Emphasizing the need to facilitate team agility (00:32:35) - Highlighting the joys of post-acquisition integration (00:36:09) - Drawing lessons from Ludwig Jesselson's principles (00:40:34) - Comparing the risks and rewards of early versus late adoption (00:44:09) - Reflecting on errors made in trend analysis (00:48:59) - Strategies for implementing new technologies in enterprises (00:51:59) - The significance of thought experiments in strategic decision-making (00:56:00) - Recalling transformative events from his early years (00: 57:22) - Outlining what makes a meeting 'electric' (01: 01:53) - Sharing experiences with exemplary leadership (01:05:02) - Strategies for maximizing team potential (01:07:37) - Deciding the right time to step away from a business (01:08:58) - Unveiling unexpected challenges in entrepreneurship (01:18:45) - Philosophies for leading a fulfilling life (01:21:04) - Finishing How To Make A Few Billion Dollars (01:22:53) - The kindest thing anyone has ever done for Brad

Our teacher today is Brad Gerstner, founder of Altimeter Capital. Brad is an exceptional investor and gifted teacher with a unique ability to distill complex ideas into clear, qualitative insights. In this session, Brad will share lessons learned across the full arc of his career that has spanned everything from RV manufacturing to politics to founding and operating several technology companies to building Altimeter into one of the preeminent technology investors across all stages, public and private. We also discuss Invest America, a bipartisan grassroots movement led by Brad to make every child in the US a saver and investor beginning the day they are born. We're delighted to bring this class to you in collaboration with Notre Dame professor Jim Sullivan, co-founder of the Lab for Economic Opportunity, and inaugural chair of the Notre Dame Poverty Initiative. Please enjoy our class with the wonderful Brad Gerstner.  For the full show notes, transcript, and links to mentioned content, check out the episode page here. ----- This episode is brought to you by Summus. Summus is a revolutionary health benefits solution, driving superior employee engagement while dramatically lowering your company's enterprise-level healthcare spend. They're completely transforming the world of health benefits by providing employers and their employees in any location, fast access to over 5,100 of the top medical specialists from America's very best medical centers for support across all health questions. If you're looking for a benefit that drives your employee engagement, truly takes care of your people in their most scary and vulnerable times, all while improving your healthcare ROI, visit GoSummus.info/AOI. This episode is brought to you by Hunt Club. Hunt Club unlocks relationships and helps companies grow. Whether it's recruiting your next hire, landing your next big partner, or financing your business, a trusted introduction always works more effectively. Hunt Club's tech-enabled search model leverages the largest community of its kind to refer amazing talent on your behalf. Additionally, its software program, Atlas, helps organize the entire network of a company or fund and assists in streamlining the right introductions. If you're looking for the ideal solution for all of your talent needs, visit HuntClub.com/AOI. ----- Art of Investing is a property of Pine Grove Studios in collaboration with Colossus, LLC. For more episodes of Art of Investing, visit staygrovey.com.  Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here. Follow us on Twitter: @ArtofInvest | @Buhrman_Rick | @PaulBuser | @JoinColossus Show Notes (00:02:12) - (First question) - Tracing Brad's evolution as an investor (00:08:48) - Reflecting on his parents' tangible contributions to his career (00:10:43) - Examining the influence of his college and law school experiences (00:15:16) - Key figures and events shaping Altimeter Capital (00:19:18) - Crafting a company with substantial impact (00:21:27) - Choosing an unconventional route (00:33:09) - Significant relationships that fostered the development of Altimeter Capital (00:44:47) - Implementing the principles of Essentialism in life and business (00:51:50) - Launching the Invest America program (01:04:07) - Evaluating the S&P 500 as an investment tool for Invest America (01:09:36) - Recognizing and leveraging market trends (01:27:49) - Contemplating the desired legacy of Brad's life's work

The Uncanny X-Men #282. Theme Music: Lazlo Hollyfeld – Buffaloallamericacity

Tis the season for food pushing. Let's strategize some ways on how to say no without guilt.Fit, Healthy & Happy Podcast Welcome to the Fit, Healthy and Happy Podcast hosted by Josh and Kyle from Colossus...Listen on: Apple Podcasts SpotifyJoin the Real WW Talk 3rd Annual Holiday Hustle Stepbet! Download the StepBet app, and use the gamecode RWWT to join! Begins November 19th and ends December 23rd, so you have one week to warm up (Thanksgiving week), and then you're done right before Christmas! https://step.bet/1rsY2fmamEbSupport the show

Neal is lost in the desert and chaos has broken loose. Matt's talking about Fortnite, John is playing JRPGs, Link is a real boy, and Alex... well Alex played Shadow of the Colossus which is honestly pretty great. Connectivity has joined Twitter, so be sure to follow @ConnectivityNWR to be up to date on any announcements. We are wanting more listener participation, so feel free to ask questions, they may show up in the show! Please send in some hard-hitting questions for the Connectivity gang to ponder over: the address is connectivity@nintendoworldreport.com

Today's guest is Nik “The Carny” Lentz. It's not every day you talk to a UFC fighter-turned-trader, and this conversation is both intense and insightful. We start by talking about Nik's journey from a difficult childhood to a UFC career and his philosophy on fighting, parenting, and life. We then cover his move to trading derivatives full-time and his approach to position sizing, risk management, and more. Please enjoy this unique kind of episode with Nik Lentz. For the full show notes, transcript, and links to the best content to learn more, check out the episode page here. ----- Making Markets is a property of Colossus, LLC. For more episodes of Making Markets, visit joincolossus.com/episodes. Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here. Follow us on Twitter: @makingmkts | @ericgoldenx  Show Notes  (00:01:39) - (First Question) - Nik's childhood and how he got into ultimate fighting (00:08:54) - Nik's mentality when in the cage fighting (00:10:37) - Links between traumatic childhood and becoming a UFC fighter (00:11:48) - How Nik feels about his children potentially fighting in the future (00:13:29) - Nik's earliest UFC fights and the importance of storytelling in the sport (00:21:35) - Insecurity and work ethic, getting the balance right to be able to perform at the top (00:26:35) - The relationship between drive and motivation and the kind of upbringing you have (00:28:52) - How Nik got into finance and his first moves in the market  (00:33:00) - Nik's development of his own investment process and how he manages risk (00:36:00) - Determining position sizes, when to get in, when to get out. The ratio between Nik's low-risk trades versus his big swings (00:38:16) - The similarities between gambling and investing, Nik's opinion on the apparent lack of differentiation  (00:40:19) - Nik's advice to young people looking to get started in investing (00:41:32) - Comparing the ups and downs of UFC fighting versus trading in the markets (00:43:32) - The process of walking away from fighting and whether Nik thinks he will ever walk away from investing Learn more about your ad choices. Visit megaphone.fm/adchoices

Today we are breaking down FedEx. FedEx has a more direct impact on the U.S. economy than 99.9% of U.S. businesses - an actual statistic from Dun & Bradstreet. It was a business started in 1973 by the famous Fred Smith, as his planes delivered 186 packages to 25 cities. Today, FedEx moves about 15 million packages a day, all over the world. To break down the business, I'm joined by Staley Cates, Vice Chairman of Southeastern Asset Management. We cover the business of FedEx, how this network operates, the integration of Express and Ground services, and its history and valuation relative to UPS. Please enjoy this breakdown of FedEx. Founders Podcast: #151 Frederick Smith (FedEx) For the full show notes, transcript, and links to the best content to learn more, check out the episode page here.  ----- This episode is brought to you by Tegus, the modern research platform for leading investors. Stretch your research budget with flexible expert calls you can trust. At a fraction of the cost of traditional expert networks, Tegus customers pay only what an expert charges – with zero markups and no confusing call credits – netting an average 70% savings. Don't want to conduct a full hour call? Tegus offers the ability to schedule 30-minutes, an offer you won't find anywhere else. And they don't stop there. With white-glove custom sourcing for every project and robust compliance measures, including a dedicated 50+ analyst team that vets every call transcript, Tegus ensures your privacy and protection. As the industry innovator for qualitative insights, Tegus helps you find the right experts you need at a quality and speed that can't be matched. For a limited time, as a listener, you can trial Tegus for free by visiting tegus.co/patrick. ----- Business Breakdowns is a property of Colossus, LLC. For more episodes of Business Breakdowns, visit joincolossus.com/episodes. Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here. Follow us on Twitter: @JoinColossus | @patrick_oshag | @jspujji | @zbfuss | @ReustleMatt | @domcooke Show Notes: (00:04:27) - First question - An overview of Staley's relationship with FedEx (00:05:06) - How FedEx is doing as a business in general (00:06:46) - A look at the different segments of FedEx's business (00:08:08) - The differences between FedEx's express and ground services (00:09:51) - A brief history of Fred Smith, the founder of FedEx and the opportunity he saw in the market (00:14:03) - How eCommerce and other trends have affected FedEx over the years (00:18:36) - FedEx's position on whether to battle UPS for Amazon's shipping alternative option (00:20:25) - A look at the United States Postal Service and its role in the overall eCommerce system (00:21:39) - The reasons behind the upside in FedEx Ground margins  (00:26:07) - A look at LTL margins when it comes to FedEx Express services (00:28:20) - Potential opportunities for FedEx moving forward (00:31:24) - The re-fleeting of FedEx planes and other potential areas in FedEx's business that may require capital expenditures (00:33:19) - The challenges FedEx faced when integrating the acquisition of TNT (00:36:04) - Bringing together FedEx's different businesses to get an overview of the entire organization (00:38:34) - Wage inflation and how that will affect FedEx's margin profile overall (00:42:56) - The potential for FedEx to compete with Amazon more directly (00:45:42) - FedEx's current stock price and its potential  (00:50:29) - FedEx's use of railroads and its expansion over the past two decades (00:52:54) - An overview of the risks FedEx could face in the future (00:54:19) - The lessons learned from studying FedEx Learn more about your ad choices. Visit megaphone.fm/adchoices

#251 - There's a problem going on right now in our world and it's called Mommy Wine Culture. Celeste Yvonne hits it head-on with her new book "It's Not About the Wine: The Loaded Truth Behind Mommy Wine Culture". Besides being an author, Celeste is also a runner, and a recovery coach. We talk about all those things this week. Just a note: There were a couple technical issues, but I don't think it made too much of a difference in the recording. And also, it seemed to be the worst day of the year for my allergies, so pardon if a couple coughs made it through. All of Celeste's information can be found on the show website.  Fit, Healthy & Happy Podcast Welcome to the Fit, Healthy and Happy Podcast hosted by Josh and Kyle from Colossus...Listen on: Apple Podcasts SpotifySupport the showMartha Runs the World websitehttps://www.martharunstheworld.com/Email:martharunstheworld@gmail.comInstagram:https://www.instagram.com/martha_runs_sf/

My guests this week are Elizabeth Zalman and Jerry Neumann. Jerry has been on this show two times before. He's an early-stage Venture Capitalist, an adjunct professor of entrepreneurship, and an excellent writer. Liz is a two-time founder, most recently co-founding StrongDM, in which Jerry was a seed investor. Together, they have written a somewhat contentious book called "Founder vs Investor" that lays bare the relationship at the core of most new businesses. They take specific moments in a start-up's life up to IPO and share their experiences on the friction that inevitably appears. In our conversation, we discuss the strong reaction to the book, the incentive problem at the root of the relationship, and explore best practices for other founders and VCs to follow. Please enjoy my conversation with Jerry Neumann and Liz Zalman. Listen to Founders Podcast For the full show notes, transcript, and links to mentioned content, check out the episode page here. ----- This episode is brought to you by Tegus, the modern research platform for leading investors. Stretch your research budget with flexible expert calls you can trust. At a fraction of the cost of traditional expert networks, Tegus customers pay only what an expert charges – with zero markups and no confusing call credits – netting an average 70% savings. Don't want to conduct a full hour call? Tegus offers the ability to schedule 30-minutes, an offer you won't find anywhere else. And they don't stop there. With white-glove custom sourcing for every project and robust compliance measures, including a dedicated 50+ analyst team that vets every call transcript, Tegus ensures your privacy and protection. As the industry innovator for qualitative insights, Tegus helps you find the right experts you need at a quality and speed that can't be matched. For a limited time, as a listener, you can trial Tegus for free by visiting tegus.co/patrick. ----- Invest Like the Best is a property of Colossus, LLC. For more episodes of Invest Like the Best, visit joincolossus.com/episodes.  Past guests include Tobi Lutke, Kevin Systrom, Mike Krieger, John Collison, Kat Cole, Marc Andreessen, Matthew Ball, Bill Gurley, Anu Hariharan, Ben Thompson, and many more. Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here. Follow us on Twitter: @patrick_oshag | @JoinColossus Show Notes: (00:04:02) - (first question) - The controversy surrounding Founder vs Investor: The Honest Truth About Venture Capital from Startup to IPO  (00:07:53) - Considering the idea of firing founders (00:10:44) - Navigating morally grey areas for founders and investors (00:11:57) - Understanding the role of the board and their power (00:15:05) - A PSA for founders (00:17:48) - Identifying where incentives are most broken (00:22:28) - Viewing founder friendliness as a temporary status (00:25:41) - Offering good advice during the fundraising process (00:32:41) - Ensuring delivery on promises as an investor (00:37:04) - Strategies for a long-term relationship between a founder and investor (00:41:44) - Structuring the ideal board meeting tactically (00:48:13) - Determining which investing terms matter most (00:51:18) - Managing the dynamic between a founder and an investor during company growth (00:56:44) - Establishing a sustainable, differentiated position (00:59:08) - Defining the distinction between a founder and an investor (01:00:18) - Reflecting on lessons from exiting a business (01:03:52) - Exploring the VC-to-VC relationship (01:08:01) - Plans following their book release (01:11:34) - The kindest thing anyone has ever done for Elizabeth

Magda suspects that Father Virgil is keeping a secret. Magda and Woody make a disturbing discovery at The Convent.  Support the showHalf Bad Productions was founded in 2020 by husband and wife podcasting team, Benjamin Lisser and Isabelle Spotts. Together they write, narrate, compose and produce each podcast from start to finish. Focusing on dark and heartfelt prose and intense and music driven episodes, they strive to create a new caliber of narrative fiction audio dramas. Check out Night Faces and Middle West wherever you listen to your podcasts.

Special guest Dan Joseph shares on this podcast episode about his positive experiences with martial arts and how it has helped his mental health journey. Through his time serving in the U.S. Military, he has witnessed first hand the issues of depression, anxiety, PTSD, and more with fellow soldiers. He talks about how the martial arts, specifically Brazilian Jiu Jitsu, has helped him and others mentally.James Cox Premier Martial Arts Abilene, Texas. 3287 South 14th Street - (325)-676-2696 and 6410 Buffalo Gap Road - (325)-704-5454. Visit: www.PremierMartialArts.com or www.JamesCoxMartialArts.comEmail: gmjamescox@gmail.comFacebook: PremierMartialArtsSth14th and PremierMartialArtsWylieInstagram: pmaabilene and pmawylieTwitter: JamesCoxPMA#PremierMartialArts#PremierMartialArtsAbilene#JamesCoxMartialArts#MixedMartialArtsAbilene#MMAAbilene#KidsKarateAbilene#AdultSelfDefenseAbilene#Kajukembo#KravMaga#BrazilianJiuJitsu#Kickboxing#TaeKwonDo#Karate#Judo#JiuJitsu#Kempo#KungFu#SportKarate#Fitness#Fighting#SelfProtection#MartialArtsLifeSkills#JamesCoxFit, Healthy & Happy Podcast Welcome to the Fit, Healthy and Happy Podcast hosted by Josh and Kyle from Colossus...Listen on: Apple Podcasts Spotify Smells Like HumansLike listening to funny friends discuss curious human behavior.Listen on: Apple Podcasts SpotifySupport the showFollow James Cox for more content!Youtube: James Cox Martial ArtsInstagram: @themartialartslifestylepodcastTikTok: @jamescoxmartialartsGot questions or topics you would like covered in the podcast? Email gmjamescox@gmail.com.

Our teacher today is Jan Mohr. Jan is an investor turned operator who is currently CEO of Chapters Group, a publicly traded holding company building Europe's home for mission-critical businesses. This class is first and foremost about a young aspiring value investor who embodies a fascinating combination of German discipline and sensibility with a more American risk-taking and entrepreneurial spirit on his quest to continue reimagining what's possible in a life and career.  At just 33, he has already traveled well up the compounding curve and has a great deal of wisdom and lessons to share. We hope you enjoy our class today with Jan Mohr.  For the full show notes, transcript, and links to mentioned content, check out the episode page here. ----- This episode is brought to you by Summus. Summus is a revolutionary health benefits solution, driving superior employee engagement while dramatically lowering your company's enterprise-level healthcare spend. They're completely transforming the world of health benefits by providing employers and their employees in any location, fast access to over 5,100 of the top medical specialists from America's very best medical centers for support across all health questions. If you're looking for a benefit that drives your employee engagement, truly takes care of your people in their most scary and vulnerable times, all while improving your healthcare ROI, visit GoSummus.info/AOI. This episode is brought to you by Hunt Club. Hunt Club unlocks relationships and helps companies grow. Whether it's recruiting your next hire, landing your next big partner, or financing your business, a trusted introduction always works more effectively. Hunt Club's tech-enabled search model leverages the largest community of its kind to refer amazing talent on your behalf. Additionally, its software program, Atlas, helps organize the entire network of a company or fund and assists in streamlining the right introductions. If you're looking for the ideal solution for all of your talent needs, visit HuntClub.com/AOI. ----- Art of Investing is a property of Pine Grove Studios in collaboration with Colossus, LLC. For more episodes of Art of Investing, visit staygrovey.com.  Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here. Follow us on Twitter: @ArtofInvest | @Buhrman_Rick | @PaulBuser | @JoinColossus Show Notes (00:04:41) - (First question) - Jan's Journey: From Investor to CEO (00:07:10) - The Genesis of Chapters Group (00:15:390 - The Unique Challenges and Opportunities of Vertical Market Software (00:21:20) - Building a Strong Team and Culture at Chapters Group (00:22:48) - The Power of Mentorship and Reaching Out to Your Idols (00:28:14) - The Importance of Conviction and Focus in Business (00:30:19) - The Role of Time Horizon in Business Growth (00:33:09) - The Next Five Years for Chapters Group (00:39:54) - Lessons from Mentors and Outside Influences (00:43:38) - The Importance of Explicit Values (00:46:35) - Exploring the Potential of Vertical Market Software (00:48:44) - The Attractiveness of Small Markets (00:51:00) - Deep Dive into their Symphony Software Platform (00:54:38) - Understanding the European Landscape for Business Building  (01:01:43) - Building a Shareholder Base (01:13:18) - The Vision for Chapters Group

It is not easy to stay on track during the holidays. This week, we're strategizing some ideas and sharing tips that have worked for us.Fit, Healthy & Happy Podcast Welcome to the Fit, Healthy and Happy Podcast hosted by Josh and Kyle from Colossus...Listen on: Apple Podcasts SpotifySupport the show

Are you ready to unlock the true value of personal training? Join me, Rob Maxwell, as I reveal why having the right personal trainer can be a game-changer for your health and fitness goals. Despite our understanding of good and bad health choices, we often find ourselves in a crossroads. Together, we will explore the psychological decision-making that influences these choices and the significance of personal training in making the right decisions.Ever wonder why accountability is a prime reason people hire personal trainers? Let's delve deeper into the fascinating world of personal training with my friend and personal trainer, Jeff Hawk. We'll unravel the secrets behind the role of drive, education, and socialization in personal training. We'll also peek into the success story of Jeff's family-run Overhead Doors business in Daytona, Florida. So, come along on this journey through the labyrinth of personal fitness and wellness, and discover how professional guidance can empower you to reach your goals.Fit, Healthy & Happy Podcast Welcome to the Fit, Healthy and Happy Podcast hosted by Josh and Kyle from Colossus...Listen on: Apple Podcasts Spotify

This is Eric Golden and my guest this week is by Corey Hoffstein, the Founder and Chief Investment Officer of Newfound Research. Corey offers a fascinating and distinctive take on investing, which we delve into during our discussion. We cover topics like portfolio allocation, diversification and the innovative approach known as Return Stacking. We wrap up with lessons learned from 15 years of running an Asset Management firm. Please enjoy this conversation with Corey Hoffstein For the full show notes, transcript, and links to the best content to learn more, check out the episode page here. ----- Making Markets is a property of Colossus, LLC. For more episodes of Making Markets, visit joincolossus.com/episodes. Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here. Follow us on Twitter: @makingmkts | @ericgoldenx Show Notes  (00:02:00) - (First Question) The origins of the 60/40 portfolio (00:04:30) - How to tackle the allocation problem when it comes to 60/40  (00:08:15) - How Corey deals with the doubters when the strategy doesn't work  (00:12:00) - Reasons why it makes sense to continue to participate even when there have been periods of underperformance (00:15:00) - Diversification in futures and stocks to create a less volatile investment journey (00:19:15) - The origins of return stacking (00:28:00) - Skepticism, evolution, and potential risks associated with portable alpha (00:33:30) - The need for careful risk management and the importance of rebalancing when using leverage to amplify investment returns (00:36:30) - Using historical data to determine the funding rate (00:40:00) - Implied funding rates and the spread between futures markets and spot markets (00:44:45) - The complexity of measuring market positions and strategies when it comes to futures and bonds (00:46:30) - The challenges Corey faced when starting an asset management firm (00:52:45) - The importance of presenting products in an understandable way for investors (00:54:30) - Examples of products or investment ideas that Corey got wrong (00:58:30) - The competitive nature of the ETF landscape and the importance of branding (01:02:00) - Corey's success navigating the challenging landscape of the ETF space (01:05:15) - Fee competition and brand differentiation have led to firms exploring regulatory grey areas (01:06:30) - The distinction between speculation and investing Learn more about your ad choices. Visit megaphone.fm/adchoices

In this week's episode of Activity Quest, Adam's off to the National Museum of Computing in Bletchley Park in Milton Keynes. It's home to the original computer – Colossus – and houses nearly a century of computing tech too. Plus, we're making our own circuits at home too.Join Fun Kids Podcasts+: https://funkidslive.com/plusSee omnystudio.com/listener for privacy information.

Getting to a certain point in your life, you realize the gifts that are offered to you along the way, and for Porter Collins, rowing was one of them. The three-time World Champion, two-time Olympian (1996 & 2000), 1994 Henley Royal Regatta Champ, Eastern Sprints & IRA National Champion, Collins cemented himself as a significant, generational talent in United States Rowing. A 1998 Brown University Graduate, Porter was apart of undisputedly, the best freshman class in the history of men's collegiate rowing.A rower in the Mike Teti National Team Era, Porter learned first hand what real work ethic and passion looks like. These fundamentals, along with others, propelled not only Porter, but his teammates to reach success and make it to the highest stage in rowing. Hudson and Porter sit down and discuss what really happened during the buildup to the 2000 Olympic Games, the documentary, importance of Pete Cipollone, power of Steve Gladstone and how excellent he is as a rowing coach and recruiter, inspiration from Xeno Muller, and the purpose of failure. We even dive into Porter's occupation in stocks and working for hedge funds, being one of the subjects in "The Big Short" a movie correctly predicting the market crash in 2008. Collins firmly stands by "the greatest challenges offer the greatest rewards, and how we meet that reveals the truth in all of us". It is evident how this quote follows Porter throughout his daily life and experiences competing for Brown, and the US National Team. People did not believe in Porter and he was cut from certain teams, but that did not stop him from reaching his goals and making history. Be sure to tune in!Fit, Healthy & Happy Podcast Welcome to the Fit, Healthy and Happy Podcast hosted by Josh and Kyle from Colossus...Listen on: Apple Podcasts Spotify PMOFM MediaPlay Me or Fade Me Daily Sports Betting PicksXeno Müller - Elite Rowing Coach Make your rowing dreams real! Use Code “FORSTARS” for $200 OFF on your desired training package!Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.

This is Zack Fuss. Today I am joined by Yanev Suissa, Managing Partner at SineWave Ventures, to break down the private company Databricks. Born out of a UC Berkeley research lab in 2013, Databricks has grown rapidly, and after 50% growth this summer, it was rumored to have last raised at a $43 billion valuation. In the most simple terms, Databricks provides tools for ingesting, transforming, and analyzing large sets of data from multiple sources in multiple formats in order to inform business and engineering decisions. Databricks is on a crash course with Snowflake to amass market share. In this conversation, we explore the nuances of structured and unstructured data, discuss data lakes, and what it entails to get "Hadooped." Please enjoy this breakdown of Databricks.  Interested in hiring from the Colossus Community? Click here. For the full show notes, transcript, and links to the best content to learn more, check out the episode page here. ----- This episode is brought to you by Tegus. Tegus is the modern research platform for leading investors, and provider of Canalyst. Tired of calculating fully-diluted shares outstanding? Access every publicly-reported datapoint and industry-specific KPI through their database of over 4,000 driveable global models handbuilt by a team of sector-focused analysts, 35+ industry comp sheets, and Excel add-ins that let you use their industry-leading data in your own spreadsheets. Tegus' models automatically update each quarter, including hard to calculate KPIs like stock-based compensation and organic growth rates, empowering investors to bypass the friction of sourcing, building and updating models. Make efficiency your competitive advantage and take back your time today. As a listener, you can trial Canalyst by Tegus for free by visiting tegus.co/patrick. ----- Business Breakdowns is a property of Colossus, LLC. For more episodes of Business Breakdowns, visit joincolossus.com/episodes. Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here. Follow us on Twitter: @JoinColossus | @patrick_oshag | @jspujji | @zbfuss | @ReustleMatt | @domcooke Show Notes: (00:02:32) - (First Question) - What Databricks is and why it is so successful  (00:04:38) - Real world examples of how customers use Databricks  (00:07:23) - How issues were handled historically before Databricks was available  (00:08:39) - Key examples of what helped accelerate Databricks' success  (00:10:52) - Databricks revenue model and how it converts into bottomline   (00:12:13) - How Databricks competes with competitors like Snowflake  (00:14:11) - Competition versus symbiosis when compared to large organizations  (00:14:11) - The overall size of Databricks as a business (00:18:09) - Costs incurred when using a database service like Databricks (00:19:47) - The founding story of Databricks  (00:22:53) - When SineWave recognized the database's potential  (00:24:29) - The importance of partnerships and how they help grow the business  (00:27:07) - Legacy solutions that they are disintermediating or replacing in their growth   (00:27:57) - What being Hadoop'd means  (00:21:50) - A breakdown of the complexity behind switching to different database providers  (00:32:07) - The success of these businesses breaking into legacy regulated industries  (00:34:47) - Why AI is so impactful to the database  (00:37:40) - How AI is helping these businesses go to market with their software  (00:39:50) - Democratization of data access and businesses taking the opposite approach  (00:43:00) - Key reasons for investing in Databricks and potential risks to be considered   (00:46:12) - Lessons learned from studying Databricks  Learn more about your ad choices. Visit megaphone.fm/adchoices

Join the Membership here: https://www.nsnutrition.co/*As always, this podcast is for informational purposes only and not a suitable substitute for working with your medical professional.Fit, Healthy & Happy Podcast Welcome to the Fit, Healthy and Happy Podcast hosted by Josh and Kyle from Colossus...Listen on: Apple Podcasts Spotify Health For Fitness Podcast - Heather Mae | Nutritionist + Gym OwnerMy mission is to help 1 million busy people simplify weight loss, health, and wellness.Listen on: Apple Podcasts SpotifySupport the show

#250 - It's all about the New York City Marathon this week! How it started, the route, just how difficult it is to gain an entry; everything you want to know! The first weekend of November hails one of the greatest marathons in the world and it's time we pay it tribute. Also, don't go away afterwards, because I talk about a terrible event that should not have happened in the ultrarunning community involving Gary Robbins and UTMB. The links mentioned will be on the show website. Fit, Healthy & Happy Podcast Welcome to the Fit, Healthy and Happy Podcast hosted by Josh and Kyle from Colossus...Listen on: Apple Podcasts SpotifySupport the showMartha Runs the World websitehttps://www.martharunstheworld.com/Email:martharunstheworld@gmail.comInstagram:https://www.instagram.com/martha_runs_sf/

My guest today is Palmer Luckey. Palmer is the founder of Defense company Anduril Industries, which makes next-generation military technology for the US and its allies. Since bringing the company to life in 2017, Palmer and Anduril have disrupted the established order in the Defense industry. Prior to Anduril, Palmer founded Oculus VR, a virtual reality business that he sold to Facebook for $2 billion. Palmer is only in his early 30s, but he has already experienced more than most people will in a 40-year career. We talk about innovation, invention, differentiated thinking, and so much more. Please enjoy this great discussion with Palmer Luckey. Listen to Patrick's Business Breakdown with Anduril CEO. Listen to Founders Podcast For the full show notes, transcript, and links to mentioned content, check out the episode page here. ----- This episode is brought to you by Tegus. Tegus is the modern research platform for leading investors, and provider of Canalyst. Tired of calculating fully diluted shares outstanding? Access every publicly-reported data point and industry-specific KPI through their database of over 4,000 drivable global models hand-built by a team of sector-focused analysts, 35+ industry comp sheets, and Excel add-ins that let you use their industry-leading data in your own spreadsheets. Tegus' models automatically update each quarter, including hard-to-calculate KPIs like stock-based compensation and organic growth rates, empowering investors to bypass the friction of sourcing, building, and updating models. Make efficiency your competitive advantage and take back your time today. As a listener, you can trial Canalyst by Tegus for free by visiting tegus.co/patrick. ----- Invest Like the Best is a property of Colossus, LLC. For more episodes of Invest Like the Best, visit joincolossus.com/episodes.  Past guests include Tobi Lutke, Kevin Systrom, Mike Krieger, John Collison, Kat Cole, Marc Andreessen, Matthew Ball, Bill Gurley, Anu Hariharan, Ben Thompson, and many more. Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here. Follow us on Twitter: @patrick_oshag | @JoinColossus Show Notes: (00:03:28) - The importance of synthetic long-chain hydrocarbon fuel (00:09:37) - Ranking America's potential for innovation (00:12:43) - Why there aren't more Thiel Fellowships (00:14:56) - The principles that motivate and drive him (00:18:21) - What it has been like working in the world of defense after the attack on Israel (00:20:34) - Surprising lessons learned when building a large company (00:24:02) - How to approach a new field initially (00:28:45) - Meeting other out-of-the-box thinkers (00:33:11) - Inventors working backward from existing systems versus forward from their ideals (00:34:51) - The most pressing issue in national security (00:41:01) - What matters most for America from a defense perspective (00:43:58) - How to determine which problems to prioritize (00:50:24) - Lessons learned from working with AI (00:57:21) - How Apple is shaping the future of VR (01:01:36) - Which videogame a prospective employee should excel at (01:04:06) - Why Oculus was so successful in marketing (01:11:13) - The kindest thing anyone has ever done for Palmer

Today's teacher is David Senra. David is an absolute force of nature who is taking the world by storm with his podcast "Founders." In class today, we enjoy access to the full spectrum of learnings from his decade-long study of history's greatest entrepreneurs, artists, athletes, and leaders. The library David built reflects a range of study that is boundless. From Alexander the Great to Catherine Graham to Alexander Graham Bell, from Warren to Jimmy Buffett, and from J. Gould all the way to Jay Z. He helps us gain an understanding of why virtually all of the greats in history devote themselves to the study of those that came before them. Please enjoy today's class with David Senra. For the full show notes, transcript, and links to mentioned content, check out the episode page here. ----- This episode is brought to you by Summus. Summus is a revolutionary health benefits solution, driving superior employee engagement while dramatically lowering your company's enterprise-level healthcare spend. They're completely transforming the world of health benefits by providing employers and their employees in any location, fast access to over 5,100 of the top medical specialists from America's very best medical centers for support across all health questions. If you're looking for a benefit that drives your employee engagement, truly takes care of your people in their most scary and vulnerable times, all while improving your healthcare ROI, visit SummusGlobal.com. This episode is brought to you by Hunt Club. Hunt Club unlocks relationships and helps companies grow. Whether it's recruiting your next hire, landing your next big partner, or financing your business, a trusted introduction always works more effectively. Hunt Club's tech-enabled search model leverages the largest community of its kind to refer amazing talent on your behalf. Additionally, its software program, Atlas, helps organize the entire network of a company or fund and assists in streamlining the right introductions. If you're looking for the ideal solution for all of your talent needs, visit HuntClub.com/AOI. ----- Art of Investing is a property of Pine Grove Studios in collaboration with Colossus, LLC. For more episodes of Art of Investing, visit joincolossus.com/episodes.  Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here. Follow us on Twitter: @ArtofInvest | @Buhrman_Rick | @PaulBuser | @JoinColossus Show Notes (00:05:23) - (First question) Understanding the need to devote oneself to something (00:09:10) - The profound and helpful insights gained from learning about historical figures (00:17:05) - Advice for a 22-year-old about the value of relentless effort (00:27:14) - Hard work as a prerequisite for achieving greatness (00:32:37) - How time and effort influence the compound interest equation (00:41:34) - Factors that hinder the pursuit of greatness (00:47:40) - Seeking voices that guide you toward the right path (00:56:02) - Curiosity as an innate talent or a cultivated skill (01:00:44) - Letting go of interests that obstruct your goals (01:08:45) - Striking a balance between work and family for a fulfilling life (01:14:50) - Basic steps within our control to become the person we aspire to be (01:19:10) - The unique appeal of podcasting as a business (01:24:19) - Turning information from biographies into actionable knowledge.

Excalibur #46, X-Force #6, New Warriors #19, Namor #22, Marvel Comics Presents #85. Theme Music: Lazlo Hollyfeld – Buffaloallamericacity

It's not a marketing problem, it's a customer journey problem. You're trying to get people to become lifelong students at your martial arts school, but the turnover rate is higher than you'd like it to be. How can that be fixed? Our special guest Nick Dougherty gives advice on how to create lifelong students at your dojo.James Cox Premier Martial Arts Abilene, Texas. 3287 South 14th Street - (325)-676-2696 and 6410 Buffalo Gap Road - (325)-704-5454. Visit: www.PremierMartialArts.com or www.JamesCoxMartialArts.comEmail: gmjamescox@gmail.comFacebook: PremierMartialArtsSth14th and PremierMartialArtsWylieInstagram: pmaabilene and pmawylieTwitter: JamesCoxPMA#PremierMartialArts#PremierMartialArtsAbilene#JamesCoxMartialArts#MixedMartialArtsAbilene#MMAAbilene#KidsKarateAbilene#AdultSelfDefenseAbilene#Kajukembo#KravMaga#BrazilianJiuJitsu#Kickboxing#TaeKwonDo#Karate#Judo#JiuJitsu#Kempo#KungFu#SportKarate#Fitness#Fighting#SelfProtection#MartialArtsLifeSkills#JamesCoxFit, Healthy & Happy Podcast Welcome to the Fit, Healthy and Happy Podcast hosted by Josh and Kyle from Colossus...Listen on: Apple Podcasts SpotifySupport the showFollow James Cox for more content!Youtube: James Cox Martial ArtsInstagram: @themartialartslifestylepodcastTikTok: @jamescoxmartialartsGot questions or topics you would like covered in the podcast? Email gmjamescox@gmail.com.

Evan Schaefer started his for pro season in Houston this year He says it took him by surprise in how hard the racing was. This comes from a guy who's been racing with the pros in the Florida state series since he was an amateur. He says the toughest part is fighting for every position. His first half of the season was plagued by a hip injury, then a dislocated shoulder and now a bad knee. So at the moment Schaefer is focusing on his health. Mentally it's been tough on him. Schaefer says living in Sarasota is a blessing. He lives only 30 minutes from the facility that has a supercross track. He believes it gives him an advantage and a sense of comfort. At five Schaefer started riding dirt bikes. His parents got him into BMX because they thought it was safer. Look at him now going head first down an eight meter hill. Fit, Healthy & Happy Podcast Welcome to the Fit, Healthy and Happy Podcast hosted by Josh and Kyle from Colossus...Listen on: Apple Podcasts Spotify

Did you know that achieving your goals actually affects the food and drink industry? We read a fascinating article that details the pivots the food industry is making now that semaglutides are working.Article: https://finance.yahoo.com/news/food-clothing-airlines-ozempic-coming-022022749.htmlFit, Healthy & Happy Podcast Welcome to the Fit, Healthy and Happy Podcast hosted by Josh and Kyle from Colossus...Listen on: Apple Podcasts Spotify

I'm thrilled to welcome you all to the first episode after the rebranding to Making Markets. This is a wide-ranging discussion on the economy with Samuel Rines - economist, author and managing director of Corbu LLC. We cover where we are in the economic cycle, 'excuseflation', the state of the consumer and the different sectors of the American economy. I hope you enjoy the kick off of "Making Markets" with Sam Rines. For the full show notes, transcript, and links to the best content to learn more, check out the episode page here. ----- Making Markets is a property of Colossus, LLC. For more episodes of Making Markets, visit joincolossus.com/episodes. Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here. Follow us on Twitter: @makingmkts | @ericgoldenx  Show Notes (00:02:00) - (First question) - What Sam believes The Fed is likely to do based off the current economic cycle (00:05:00) - The inflationary pressure on The Fed even though tech is replacing the workforce (00:06:40) - His explanation of price over volume (00:09:30) - How temporary price over volume is and its impact on consumer spending  (00:13:40) - Current consumer spending money and where it's coming from  (00:16:15) - Ignoring the coastal markets and focus on middle America (00:18:30) - What he thinks is slowing consumers (00:20:00) - The revenge of the middle and its meaning for economic stability    (00:21:15) - His view on soft landings in the market and which sectors are affected   (00:23:30) - His take on the travel and leisure sector  (00:25:30) - A look at the current residential and commercial real estate markets    (00:30:00) - Red flag market areas he thinks people should be weary of  (00:32:00) - Contagion risk caused by potential private sector collapses     (00:34:00) - Whether he thinks The Fed missteps or not  (00:36:15) - Global turmoil and its impact on market portfolios   (00:39:30) - How he positions his portfolio building based off of global risk (00:41:00) - Sam's favorite out-of-consensus bet Learn more about your ad choices. Visit megaphone.fm/adchoices

This is Matt Reustle and today we are breaking down the giant of online dating. Even if you found love the old-fashioned way, you're likely familiar with the Match brands like Tinder and Hinge, amongst many others. To break down Match, I'm joined by George Hadjia, founder of Bristlemoon Capital. George goes through a background on this industry, what made Match who it is today, and all of the key debates that are driving this stock and all the commentary around it. Please enjoy this breakdown of Match Group. Interested in hiring from the Colossus Community? Click here. For the full show notes, transcript, and links to the best content to learn more, check out the episode page here. ----- This episode is brought to you by Tegus Converge — the first virtual event centered on the world of investor research. When twin brothers Tom and Mike Elnick realized that the research process for investors was broken, they founded Tegus to fix it. Now the people behind the most trusted research platform are bringing institutional investors together to investigate the state — and the future — of fundamental research. On November 8th, join industry luminaries like IGSB Founder Reece Duca and Daniel Gross, AI Expert, Entrepreneur and Investor, to dig into the latest research trends and breakthrough technologies shaping the investment landscape. Register today at tegus.com/register. ----- Business Breakdowns is a property of Colossus, LLC. For more episodes of Business Breakdowns, visit joincolossus.com/episodes. Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here. Follow us on Twitter: @JoinColossus | @patrick_oshag | @jspujji | @zbfuss | @ReustleMatt | @domcooke Show Notes (00:03:10) - (First question) - George's response since releasing his recent report on Match (00:04:55) - A general overview of the online dating market (00:10:55) - Comparing the different brands within the dating app industry   (00:14:10) - The reason for the existence of so many niche brands in the market (00:18:55) - The different avenues for these brands when it comes to monetization  (00:21:25) - The breakdown of revenue per customer and the different tiers dating apps offer  (00:24:10) - Customer turnover due to the nature of dating and how the retention rate differs between the different apps (00:28:40) - A snapshot of how the industry has been growing over recent years (00:29:50) - Determining normalized earning profiles and margins when taking into account the lack of marketing spend historically (00:32:40) - The historical percentage of revenue that goes into marketing expenses (00:35:10) - How Bumble's advertising expenditure differs from Match Group brands (00:36:40) - Price competition between different brands and a look at Tinder's introduction of premium monetization tiers (00:39:20) - Dissecting top-line growth and the percentage due to recent price increases  (00:40:10) - An overview of the business' capital allocation and how they intend to invest in the growth of the business (00:42:50) - The new management team's strategy and how it differs from the previous regimes (00:46:25) - Potential changes to Apple app store fees and how it could affect the business  (00:51:10) - A forward outlook at where George expects the business to go in the coming years (00:54:40) - The key risks to the business moving forward (00:57:20) - The threat that Facebook poses in terms of its entry into the market  (01:02:20) - The lessons learned from researching Match Learn more about your ad choices. Visit megaphone.fm/adchoices

Today's guest is Aswath Damodaran, who is joining us for a second time on Invest Like the Best. Aswath is a Professor of Finance at NYU's Stern School of Business and is often referred to as the Dean of Valuation for his clarity of thought on the subject. This conversation picks up where we left off 18 months ago and covers a wide range of topics from macro risks to Nvidia and the process of crafting a personal investment philosophy. Please enjoy this great discussion with Aswath Damodaran. Listen to Founders Podcast For the full show notes, transcript, and links to mentioned content, check out the episode page here. ----- This episode is brought to you by Tegus Converge — the first virtual event centered on the world of investor research. When twin brothers Tom and Mike Elnick realized that the research process for investors was broken, they founded Tegus to fix it. Now the people behind the most trusted research platform are bringing institutional investors together to investigate the state — and the future — of fundamental research. On November 8th, join industry luminaries like IGSB Founder Reece Duca and Daniel Gross, AI Expert, Entrepreneur and Investor, to dig into the latest research trends and breakthrough technologies shaping the investment landscape. Register today at tegus.com/register. ----- Invest Like the Best is a property of Colossus, LLC. For more episodes of Invest Like the Best, visit joincolossus.com/episodes.  Past guests include Tobi Lutke, Kevin Systrom, Mike Krieger, John Collison, Kat Cole, Marc Andreessen, Matthew Ball, Bill Gurley, Anu Hariharan, Ben Thompson, and many more. Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here. Follow us on Twitter: @patrick_oshag | @JoinColossus Show Notes (00:01:30) - (First question) - The general prevailing narrative in markets today (00:03:45) - The biggest business implications given the current market landscape   (00:05:30) - Why it's bad to have risky founders with cheap capital trying experiments (00:07:38) - The natural rate of interest and how it's priced  (00:08:40) - His updated view and thoughts on what's currently driving inflation   (00:12:20) - Macro variables that most have his attention today (00:13:30) - The nature of the trouble that we're all in  (00:17:30) - Whether or not international equities will become a place of interest (00:20:38) - The unique absolute basis of NVIDIA's growth  (00:22:10) - His take on the new wave of AI in a broad sense  (00:28:00) - Trying to value AI companies without tangible business models (00:31:30) - The parts of his own valuation process that are beyond automation  (00:34:40) - Commonalities between investors who beat the benchmark  (00:37:20) - Episodes on his own path that lead him towards his investment philosophy  (00:40:50) - How he goes about valuing non-traditional companies like sports franchises  (00:45:30) - The world of entertainment and how he sees it as a business today  (00:52:30) - The best business models he's ever seen  (00:54:25) - What valuing Instacart taught him about online grocery shopping (00:57:40) - The most interesting company he valued over the last year (00:59:30) - A well known company he wouldn't bother valuing using his typical model (01:02:10) - How bank failures changed his thinking on our financial systems and banks as businesses writ large  (01:05:00) - The changing attitude towards ESG investing  (01:09:56) - Why there are still so many pools of capital that pursue an active strategy (01:10:51) - Being sick and tired of the conversation always revolving around central banks (01:14:38) - What he's most excited to look into over the coming year (01:16:38) - Major differences between a financial and an accounting balance sheet 

Today's teacher is Ho Nam, co-founder of Altos Ventures. As the numbers go, Altos is one of the greatest venture capital firms of the last quarter century. We unpack Ho's origin story and the values that shaped him most as a person and investor, and then we then turn to Altos itself. Altos has emerged as one of the most elite venture investors by breaking traditional VC rules, by backing hedgehogs rather than foxes, by focusing relentlessly on capital efficiency, by investing at all stages of a company, and by displaying an unusual dose of kindness and patience along the way. This is a remarkable story of the art of what's possible when a group of investors are first and foremost in service to founders. It is also a tale of great struggle and resilience, constant evolution and self-discovery, and the courage to be different. Please enjoy our class with Ho Nam. For the full show notes, transcript, and links to mentioned content, check out the episode page here. ----- This episode is brought to you by Summus. Summus is a revolutionary health benefits solution, driving superior employee engagement while dramatically lowering your company's enterprise-level healthcare spend. They're completely transforming the world of health benefits by providing employers and their employees in any location, fast access to over 5,100 of the top medical specialists from America's very best medical centers for support across all health questions. If you're looking for a benefit that drives your employee engagement, truly takes care of your people in their most scary and vulnerable times, all while improving your healthcare ROI, visit SummusGlobal.com. This episode is brought to you by Hunt Club. Hunt Club unlocks relationships and helps companies grow. Whether it's recruiting your next hire, landing your next big partner, or financing your business, a trusted introduction always works more effectively. Hunt Club's tech-enabled search model leverages the largest community of its kind to refer amazing talent on your behalf. Additionally, its software program, Atlas, helps organize the entire network of a company or fund and assists in streamlining the right introductions. If you're looking for the ideal solution for all of your talent needs, visit HuntClub.com/AOI. ----- Art of Investing is a property of Pine Grove Studios in collaboration with Colossus, LLC. For more episodes of Art of Investing, visit StayGrovey.com.  Follow us on Twitter: @ArtofInvest | @Buhrman_Rick | @PaulBuser | @JoinColossus Show Notes (00:02:19) - (First question) - Ho's early life and formation leading up to Altos Ventures (00:09:00) - How seeing his parents at work shaped his career and investing perspectives (00:12:53) - Developing a habit of hard work before finding the thing you love (00:17:53) - The inter-title organisms and what drew him to Harvey Mudd (00:22:56) - Working on a summer project with Henry Singleton; The Outsiders (00:24:06) - Early career experiences that shaped the kind of investor he is today (00:37:10) - Why getting into Stanford was yet another “sliding door” moment  (00:40:54) - The decision he took that lead to founding Altos and becoming an entrepreneur (00:45:42) - Whether or not their initial mission aligned with what Altos eventually became (00:55:54) - How critical points of differentiation came together and where the courage came to double down on them  (01:01:40) - An overview of the hedgehog concept  (01:07:29) - How to adhere to the hedgehog concept in light of so much noise today writ large (01:11:40) - What makes an Altos investment and where it starts (01:25:32) - How he works with entrepreneurs and helps them along the way  (01:34:24) - The importance of conviction rather than convention  (01:40:12) - Reflections on what he hopes to get out of the rest of his life