The magic formula looks at many businesses at a high level, rather than understanding the business very well in buying it at a price that makes sense. The buffet approach flips that on head as he tries to buy great businesses trading at a fair price. Green blats approach also potentially has you selling losers, which seems pretty counter intuitive if you chose a great business. In short, i am much more comfortable holding a company like google for the next ten years over a company like best by.
IN THIS EPISODE, YOU’LL LEARN:
11:47 - What led Kevin and his partner to putting their small business on a Bitcoin Standard.
26:49 - What the process was like for Kevin to make this move.
33:53 - How Kevin stores the Bitcoin on his company’s balance sheet.
39:36 - The unique way Kevin decides to reward his employees and attract new talent.
50:41 - What Kevin is most excited about for the future of Bitcoin.
And much, much more!
*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.
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