Invest Like the Best with Patrick O'Shaughnessy Brent Beshore – Cultivating a Disaster Resistant, Compound Interest Machine - [Invest Like the Best, EP.10]
34 snips
Nov 8, 2016 AI Snips
Chapters
Transcript
Episode notes
Beshore's Winding Journey
- Brent Beshore's career has been entrepreneurial, involving starting, buying, and selling companies.
- His goal was to find what works best in inefficient markets, leading him to the lower middle market.
Starting a Business
- Avoid starting businesses haphazardly, especially those with low margins and high replacement value.
- Instead, seek businesses with a strong moat and expertise.
Meeting on Twitter
- Patrick O'Shaughnessy and Brent Beshore met on Twitter after O'Shaughnessy asked about capital allocation.
- Beshore's firm uses captive capital, giving him a long-term vision.