“If you wanted to buy Palm, the best way is not to buy Palm itself, but to buy 3Com which owned Palm, getting the other businesses for free.”
AE
Alex Edmans
The Rational Reminder Podcast ·
“He took a little of his own money and he went and he bought, did every one of these trades in his own account”
Alpha Exchange · Randy Cohen, Professor of Entrepreneurship & Finance Harvard Business School Co-Founder, PEO Partners
Play from 17:51
17:51
Audio streams from the publisher’s own feed. Verbatim does not host or copy it.
What was described
used his own money to execute the arbitrage trade of buying cheap 3Com stock and shorting Palm to test the strategy in his personal account
Said nearby on the same subject
“He had a group of GrokBot agents ... named his group chat Executive Team ... his Slack group chat with his real executive team was also called Executive Team ... the GrokBot ... crossed the wires and decided to share the financial update in the executive team with the humans.”
♫
Said on Big Technology Podcast
“One account executive shared that automation's replaced about 20% of his old tasks, allowing him to talk 30% more customers in the same amount of time that he invested in his job before.”
♫
Said on Leveraging AI
“I decided to gift my husband a few million dollars upfront after we got married so that he could use that money to continue to grow his own wealth.”
♫
Said on True Wealth: money & business podcast
Moments like this, every Monday
The strongest new moments on your topics, in the speakers' own words. Free for three topics.
No card. No password. One-click unsubscribe.
Track a competitor?
Pro watches up to 25 names or phrases and emails you the morning after they are said.
See Pro, $29 a monthVerbatim quotes a short extract and links to the episode; the episode belongs to its publisher. Remove a show.