Evidence receipt / belief
Published · transcript-backedDavid Rosenthal: belief
27 Jun 2023 Acquired Porsche (with Doug DeMuro)
“When you're earning $40 billion of revenue, yes, that's a great business. I think I'd go seven again on profitability.”
Source trail
Everything needed to verify it.
- Speaker
- David Rosenthal
- Attribution
- Verified speaker
- Claim type
- belief
- Recorded
- 27 Jun 2023
- Publisher
- Acquired
- Episode
- Porsche (with Doug DeMuro)
Transcript context
…I'd love to own a business that has 20% of every dollar that I earn coming out the bottom. That's a great business. When you're earning $40 billion of revenue, yes, that's a great business. I think I'd go seven again on profitability. It's a nine for the auto industry, and it's a four compared to most businesses that we study on Acquired because we only study the very best businesses in the world.…
Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.