[This is an edited version of a talk I recently gave at a MOI Global event.] I’d like to share some of the lessons I learned from being a startup founder, and how these can be applied to investing: Lesson 1: I’m a better investor because I was a founder As Warren Buffett famously said:…
Tag: Owner-Operators
How to Identify Great Capital Allocators?
This was the topic at the recent MOI Global Zurich chapter dinner I attended. Here I summarize my notes and thoughts on this topic. I understand capital allocation as follows: How do companies spend their limited resources, be it capital, time, or mental resources, so that they create the maximum amount of value per invested…
What I learned from Sam Zemurray, America’s Banana King
My learnings from The Fish That Ate The Whale about Sam Zemurray: Fire people who can’t get the job done, and replace them by people who can. Fast decisions. Don’t nibble. Get things done. Get your hands dirty. Work hard. Go out to the fields with the machete. “We are here, they are there.” Make…