Odd Lots cover image

Odd Lots

Here's What It Takes to Make a Great Company

Feb 24, 2025
Ben Gilbert and David Rosenthal, co-hosts of the Acquired podcast, dive deep into what makes companies like TSMC and Hermès truly great. They debunk common myths of business success, highlighting the random nature of extreme outliers and the crucial role of founder control in preserving company identity. The duo explores the importance of narratives in shaping corporate success and the delicate balance between management and visionary leadership. They also contrast Hermes' focus on craftsmanship with the fast-paced nature of tech competition.
43:38

Podcast summary created with Snipd AI

Quick takeaways

  • The maintenance of a unique company culture and collective knowledge through strategic workforce retention is vital for navigating industry challenges, as exemplified by TSMC.
  • Visionary founder leadership significantly influences a company's success trajectory by prioritizing long-term goals and fostering a strong corporate ethos amidst growth challenges.

Deep dives

The Evolution of Trading Tools

Advanced trading platforms have become essential for traders of all levels, as they provide necessary tools for navigating stocks, options, and futures markets. Services like TastyTrade highlight the importance of having access to over 300 charting indicators and features such as interactive curve analysis, which help traders identify opportunities and make informed decisions. Whether users prefer trading from a desktop or a mobile app, modern technology allows for flexibility and enhanced productivity. This evolution in trading tools signifies a shift towards prioritizing user experience and support within the trading community.

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