The Acquirers Podcast cover image

Value: After Hours S02 E34 Dan Loeb on Strategy, Buy Now Pay Later $QVCC, Cocker Spandrels

The Acquirers Podcast

00:00

The Unintended Spandrel of Growth

I'm always tending to, I don't know, underpay for growth is the right. The stuff that probably keeps me up at night a little bit is the amount of leverage that I have in my portfolio. Liberty Media was spun out of AT&T, it was basically just like hedge fund. It didn't really have a lot of operating businesses,. In order to get cash in the door to make other acquisitions, they sort of needed to issue debt against stock.

Play episode from 42:07
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app