“Share it with the founder of the company of the small business you work at because they get so distracted. You could probably get them to listen very, very quickly.”
♫
Said on Afford Anything | Get Smarter With Money
“Something like 40 or 50% of the shares that they buy back end up in the pockets of the managers.”
New Money · Mohnish Pabrai's Brutally Honest Thoughts on the Stock Market.
Play from 50:36
50:36
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What was described
Avoid or keep a very small position in a company when a large share of its buybacks ends up in the hands of management
40-50% of NVR buybacks go to managers
Said nearby on the same subject
“I think it's a completely reasonable position to take. It's essentially a Larry Swedrow position, right? He says, take your risk on the equity side, right? Keep your bonds very safe, very high quality, very short-term, you know, short-term treasuries, for instance. Well, the shortest-term bonds are cash, right? That's what cash is.”
JD
Jim Dolly
The Long View ·
“We developed a couple of new positions because to develop within the company is very, very hard to hire from outside the company is dang near impossible. So we have created a assistant superintendent role to try to help develop those positions.”
♫
Said on Construction CEO Podcast
“A large hospital reached out to us in January 2024 and asked to partner… they had ended our contract with a large formula company and want to support more moms postpartum.”
WR
Whitney Rowell
Unit Economics ·
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