Evidence receipt / belief
Published · transcript-backedDoug DeMuro: belief
27 Jun 2023 Acquired Porsche (with Doug DeMuro)
“I suspect most of these cases, though, to take advantage of it, you would have had to have been insane.”
Source trail
Everything needed to verify it.
- Speaker
- Doug DeMuro
- Attribution
- Verified speaker
- Claim type
- belief
- Recorded
- 27 Jun 2023
- Publisher
- Acquired
- Episode
- Porsche (with Doug DeMuro)
Transcript context
…Occasionally, there are these hundred baggers available in the public markets. You only know about them looking backwards, but it's crazy. You don't have to be an early stage venture capitalist to find these. They exist elsewhere sometimes. It was Porsche of all things. I suspect most of these cases, though, to take advantage of it, you would have had to have been insane. To have invested in Porsche at that point... You would have not told a person in 1993, hey, this guy's coming in, he's going to kill the entry level stuff, go back to doing entry level stuff, and then do an SUV. You'd be like, how do I get out of this stock? Where do I sell?…
Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.