Coburn Ventures Podcast

The discussion focuses on maintaining sell disciplines during crises. It emphasizes self-awareness, adaptability, and meaningful solutions over superficial fixes. Professionalism and patience are highlighted as key when navigating financial challenges. Listeners learn about honing decision-making skills inspired by disciplined groups like Navy SEALs. Techniques like ROX meetings are introduced, and the importance of a clear investment thesis is stressed to avoid complacency and losses. Overall, it's a deep dive into cultivating a robust approach in turbulent times.

Selling assets is often overlooked in investing, yet it's crucial. The conversation highlights how ownership impacts decisions and the emotional hurdles that make selling difficult. They explore improving investment discipline through competition between assets, pushing for clearer decision-making. Additionally, understanding how different outcomes influence strategies is essential, along with acknowledging biases and embracing failures. It’s a fascinating dive into the often-neglected art of selling in the investment world.

We've been talking about clean time as one of the most powerful, uncommon tools we have in our investor toolkit. To help us actually achieve more clean time, today we have Irwin Kula on, who's going to help us unearth some of the very human barriers that keep us from guarding, using, and benefiting from clean time. Let's jump in.

As investors and business leaders, if we can't take in bad news and adjust, we might make ourselves vulnerable to even higher error rates and risk damage to performance. Investing is already a high failure rate activity-- what can we do about this? Today, we present implications and follow up with practical ideas for turning these threats on their head, embracing and practicing swift, clear feedback loops in our process. Let's jump in.

In this engaging conversation, Lisa Baird, an executive recruiter and coach with extensive experience in guiding management teams, shares her insights. She highlights the importance of asking unlocking questions to navigate leadership challenges. Lisa dives into recognizing personal biases when assessing CEO candidates and the significance of probing questions in discussions for effective decision-making. Additionally, she offers strategies for C-suite candidates to ask meaningful questions during interviews and discusses the essential role of feedback loops in fostering transparent communication within organizations.

Dive into the art of personalizing investment practices to make them your own. Discover unconventional strategies that spark creativity and challenge traditional norms. Learn how to analyze companies with key metrics and scenario modeling for smarter investments. Engage in deeper conversations with management to strengthen relationships and shape long-term strategies. Plus, find out how analyst days can uncover unique insights through meaningful connections and targeted questions.

Today, we're discussing making the common uncommon in philosophy and practices, understanding that these common investment practices that we can turn into uncommon arbitrages maybe right under our nose... if we could only see them. Let's jump in.

Last week, Pip told the story of his stock disaster with AT &T. Today we go back again in tech history to a newly minted tech analyst in 1995 named Pip Coburn and his experience with Digital Equipment Corp. Pip will say that the highlight of this episode is that he started to become more mentorable after this experience. Remember, he was very, very new and this was one of his first tech companies he was covering. We also note that his firm didn't lose much money and that the experience getting close to DEC helped unveil how quickly one of the most comprehensive, lucrative, soup to nuts technology shifts was happening: the shift to networking. So, in my mind, this is a stock disaster with a number of silver linings, including that Pip wouldn't have been as convicted about the shift in networking without this experience. With that, I give you our silver lining stock disaster, and hope that in this sixth in this series, you see why we think they're so valuable for our learning. Let's jump in.

We're back with another installment of "Stock Disasters!", our series in which we take learning from our mistakes at its word in the hopes that you all benefit and avoid these missteps in the future. Let's jump in.

What does it mean to be productive or efficient? And how does our conception of these ideas sneak into how effectively we solve problems and ask the right questions at the right times to advance work on an investment thesis? Today we bring Irwin Kula into our conversation on anti-efficiency. Let's jump in.