Podlist

Topic

founders

Recommended

Acquired3 hr 48 min

An ownership structure — not a product — ended up the largest equity owner of most of the S&P 500, on behalf of fifty million people. If you take one thing from this, take the structure.

Acquired2 hr 53 min

Munger's favourite company, and a real puzzle: the cheapest prices in American retail alongside the wealthiest customers. Most of the episode is how those two facts hold together, which is far more interesting than either one on its own.

Acquired3 hr 59 min

330,000 cars in 79 years at an average of half a million dollars each. Scarcity manufactured on purpose, and the genuinely hard part is what it costs to keep holding that line when you could obviously sell more.

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