01 / recommendation
Likes GEICO story.
“I love the GEICO story because that's a 70-year relationship between an investor and a company.”
- Speaker
- Not verified from transcript
- Publisher
- Acquired
Acquired / episode intelligence
Special: Ho Nam from Altos Ventures — A Different Approach to VC
Speakers in the public record
Claim mix
evaluation 9belief 5uncertainty 2recommendation 1prediction 1commitment 1
Evidence policy
Every row below preserves an exact excerpt. Identified speakers are linked; unresolved voices are labeled and excluded from people counts.
Claim ledger
The useful parts, with receipts.
19 published records
02 / belief
Sometimes it's really based on how special a company is, but it's also based on how the market views the company. Because if I think that the market's misunderstanding the company, then there's an opportunity for alpha.
“Sometimes it's really based on how special a company is, but it's also based on how the market views the company. Because if I think that the market's misunderstanding the company, then there's an opportunity for alpha.”
- Speaker
- Not verified from transcript
- Publisher
- Acquired
03 / uncertainty
I don't know if this is how Buffett looked at it but you could go back, look at that in time, and be like, okay, let's say Coca-Cola Classic is done.
“I don't know if this is how Buffett looked at it but you could go back, look at that in time, and be like, okay, let's say Coca-Cola Classic is done.”
- Speaker
- David Rosenthal
- Publisher
- Acquired
04 / prediction
People will take the data and make whatever decision they want to make. It no longer bothers me at all if people are doubting our approach or rejecting us for whatever reason because there are plenty of people who think Warren Buffett can't cut it, is a fraud, is lucky, or whatever.
“People will take the data and make whatever decision they want to make. It no longer bothers me at all if people are doubting our approach or rejecting us for whatever reason because there are plenty of people who think Warren Buffett can't cut it, is a fraud, is lucky, or whatever.”
- Speaker
- Not verified from transcript
- Publisher
- Acquired
05 / belief
A Canadian startup, I think four or five different dads got together, created this company, and then sold it to Disney for $400 million.
“A Canadian startup, I think four or five different dads got together, created this company, and then sold it to Disney for $400 million.”
- Speaker
- Not verified from transcript
- Publisher
- Acquired
06 / uncertainty
I said what do you mean? He’s like, I don't know how to take it from $10 million to $100 million.
“I said what do you mean? He’s like, I don't know how to take it from $10 million to $100 million.”
- Speaker
- Not verified from transcript
- Publisher
- Acquired
07 / belief
What can you do with this? It's like, well, if you want us involved, I think we might be able to do XYZ, but they have to work with us.
“What can you do with this? It's like, well, if you want us involved, I think we might be able to do XYZ, but they have to work with us.”
- Speaker
- Not verified from transcript
- Publisher
- Acquired
08 / belief
I think he's been investing for 37 years ever since he saw Buffett speak at the class in the '80s.
“I think he's been investing for 37 years ever since he saw Buffett speak at the class in the '80s.”
- Speaker
- Not verified from transcript
- Publisher
- Acquired
09 / belief
I think that's one of the things we observe with some really enduring franchises, where they are no longer thinking about the business as a GP.
“I think that's one of the things we observe with some really enduring franchises, where they are no longer thinking about the business as a GP.”
- Speaker
- Not verified from transcript
- Publisher
- Acquired
10 / evaluation
I think you have—at least from the outside—mastered the art of identifying where and when to be on which places in that spectrum.
“I think you have—at least from the outside—mastered the art of identifying where and when to be on which places in that spectrum.”
- Speaker
- Ben Gilbert
- Publisher
- Acquired
11 / evaluation
For me, so many lightbulbs went off and really helped me evolve the way I think about investing over the past year.
“For me, so many lightbulbs went off and really helped me evolve the way I think about investing over the past year.”
- Speaker
- David Rosenthal
- Publisher
- Acquired
12 / evaluation
This is like when Buffett bought Berkshire-Hathaway where he wanted to sell and it was the Chase family. They came in at, I think, an eighth of a dollar below the price that they had agreed, shook hands on a tender offer.
“This is like when Buffett bought Berkshire-Hathaway where he wanted to sell and it was the Chase family. They came in at, I think, an eighth of a dollar below the price that they had agreed, shook hands on a tender offer.”
- Speaker
- David Rosenthal
- Publisher
- Acquired
13 / evaluation
Not even faith in your own abilities because I think a lot of people say, I know I'm going to outperform the market, and many do.
“Not even faith in your own abilities because I think a lot of people say, I know I'm going to outperform the market, and many do.”
- Speaker
- Ben Gilbert
- Publisher
- Acquired
14 / evaluation
As of February, you had tweeted 1400 times ever. I don't think that's because we're late to Twitter.
“As of February, you had tweeted 1400 times ever. I don't think that's because we're late to Twitter.”
- Speaker
- Ben Gilbert
- Publisher
- Acquired
15 / commitment
I don't know if we have enough time. I think we're going to have to do another episode.
“I don't know if we have enough time. I think we're going to have to do another episode.”
- Speaker
- David Rosenthal
- Publisher
- Acquired
16 / evaluation
Canonical VC dogma from LPs, but I think VCs also believe this—cross-fund investing is a no-no.
“Canonical VC dogma from LPs, but I think VCs also believe this—cross-fund investing is a no-no.”
- Speaker
- David Rosenthal
- Publisher
- Acquired
17 / evaluation
You’ve said a bunch to me and I love adapting a Buffett analogy, but you want to find people and I think you all think of yourselves this way in Altos.
“You’ve said a bunch to me and I love adapting a Buffett analogy, but you want to find people and I think you all think of yourselves this way in Altos.”
- Speaker
- David Rosenthal
- Publisher
- Acquired
18 / evaluation
This is famously the IPO that got pulled because people or the company presumably have thought looking around at where tech companies are being valued going out today, this wouldn’t make sense.
“This is famously the IPO that got pulled because people or the company presumably have thought looking around at where tech companies are being valued going out today, this wouldn’t make sense.”
- Speaker
- Ben Gilbert
- Publisher
- Acquired
19 / evaluation
Very similar to what Nolan Bushnell had told us about the Atari deal with Don Valentine, where it took so long to close the deal, months and months went by when Don showed up with the final paperwork to sign, Nolan was like, I think we're actually worth twice as much now.
“Very similar to what Nolan Bushnell had told us about the Atari deal with Don Valentine, where it took so long to close the deal, months and months went by when Don showed up with the final paperwork to sign, Nolan was like, I think we're actually worth twice as much now.”
- Speaker
- Ben Gilbert
- Publisher
- Acquired