The more sexy an investment is, the more sceptical you should probably be about it. So if there is something that appears to be a bit sexi and has like, a ton of upside, then you'd better be pretty convinced that it's going to work out. And sometimes really the most mundane things turn out to be really beautiful. One investor who talked to me about the things that he had done during covet when the market was melting down. He used the opportunity to buy a stake in a company that made ice machines for restaurants. I mean, how boring and mundane could that be, right? But it's kind of brilliant, because it's, it's a good business

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode