I think Lynch's perspective on management and how you should factor that into your valuation of a company was interesting to me, especially today. There's also an element of this book where I would say take it seriously, but not literally. It was written what 30 years ago, but I still think a lot of it holds true when he's looking for a company. If you find a business that can get away with raising prices year after year without losing customers in addictive products such as cigarettes fits the bill, you've got a terrific investment.

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