Acquired / episode intelligence
Speakers in the public record
Claim mix
Evidence policy
Every row below preserves an exact excerpt. Identified speakers are linked; unresolved voices are labeled and excluded from people counts.
Claim ledger
20 published records
01 / evaluation
“We started doing it, and we made money steadily and safely investing in the worst public companies in America.”
02 / evaluation
“Exactly. That came from looking a lot at the income statement and recognizing that they were losing money, partially, because they were continuing the lower price to achieve scale.”
03 / belief
“As we'll talk about, TQ is an early stage venture firm that Andrew and his partners started about five years ago. They have a billion dollars under management now, including, I think a $500 million third fund that they just closed just a couple months ago.”
04 / belief
“I think Amazon's a great example of the opposite, because if you owned Amazon when the story was about growing as a retailer, you could have never dreamed of AWS.”
05 / commitment
“You can ask me the price. Hopefully, before you say, I'll take it or I won't take it, you know the price.”
06 / belief
“A huge amount of people's preoccupation, in my opinion, is with avoiding regret.”
07 / belief
“By the way, I wouldn't just say global markets. I would say strategically adjacent markets as well.”
08 / belief
“I think what's interesting also is that there are so many ways to succeed by being amazingly good at the conventional thing by being the best at going through the map, following the map, or whatever, and sort of hacking whatever the process is that everyone's done before you.”
09 / belief
“His general mindset is different, what he learned 40 years after I learned what I learned, initially, hopefully, still learning, both of us.”
10 / belief
“I think people who do it probably do it because they enjoy it, but also because it really helps them.”
11 / belief
“I think I just got exposure incrementally to different sorts of things that traverse that spectrum.”
12 / belief
“The thought process should be the opposite of the buying decision and not some chicken stuff about being afraid to lose. I think, Andrew, it points out a very important thing.”
13 / belief
“My view on selling is consistent with the general way that we talked about, the value and growth dichotomy, which is that what matters in investing is really deeply understanding what you own, why you are making the investment, and what you're playing for.”
14 / belief
“I think the real way to suss out judgment is by going through the person's story and background and understanding why they made decisions, because you can fake your way through prospective things.”
15 / belief
“I think nothing's better, especially if I want to keep my marriage and be a good father to my kids.”
16 / belief
“If you really dive into what people have done and why, and if they've made decisions based on their own judgment, and if they've learned and evolved, and if they've made decisions based on first principles, and we're willing to go against the herd, and we're willing to do things because they're passionate, and if their idea comes from specific knowledge of a real problem and a real deep understanding, I think you can evaluate judgment very well based on that.”
17 / belief
“I think if you probably looked at the PAs of the most famous venture investors of all time, a huge majority of it is made up of continuing to hold a few things.”
18 / evaluation
“Because if the future is more uncertain, and it's more likely that things get disrupted, and moats are less permanent than they've ever been, shouldn't we consider less future years of cash flows?”
19 / prediction
“If you would have told me when I was reading the paper, and this was the most important thing in America, newspaper values are mostly going to go to zero because all of the consumer attention is going to be shifting to consuming everything on their computers as an interconnected web of servers that doesn't really exist yet.”
20 / preference
“We say, should we change the content to match what the demand seems to be, or should we just say, you know what, let's find a way to do what's natural to us, because that's what we're going to have the most fun doing, that's where we're going to have competitive advantage, and that's where we're going to have durability?”