Invest Like the Best with Patrick O'Shaughnessy

In this engaging discussion, Aswath Damodaran, a renowned NYU finance professor known as the Dean of Valuation, delves into the intricacies of investment philosophy and macroeconomic risks. He analyzes NVIDIA's remarkable market surge and questions its valuation amidst AI hype. The conversation also covers the impact of rising interest rates, the evolving U.S.-China relationship, and the complexities of valuing franchises like NFL teams. Damodaran critiques the implications of recent banking instability and emphasizes a return to fundamental market analysis over reliance on the Federal Reserve.

Join the co-founders of Stripe, Patrick and John Collison, as they explore the intricacies of business strategy and culture. Discover how curiosity fuels innovation, shaping their mission to elevate global internet commerce. They reflect on lessons from the chemical sector, the influence of their entrepreneurial parents, and the evolution of family dynamics. Delve into the future of payments and the essential role of kindness and mentorship in personal growth, all while maintaining high standards in a competitive digital landscape.

Strauss Zelnick, CEO of Take-Two Interactive and mastermind behind gaming hits like Grand Theft Auto, shares insights from his impressive career. He discusses navigating the evolving media landscape, emphasizing the importance of innovation and talent cultivation. Zelnick opens up about revitalizing a struggling company through effective leadership and strategic turnarounds. He also reflects on how personal experiences shape ambition and empathy, showcasing his belief in collaboration and the nurturing of others' potential.

Rick Buhrman, a veteran of Notre Dame's Endowment, and his co-founder, Paul Buser, discuss their transition to launching Sator Grove, a permanent capital vehicle. They share insights on the importance of lifelong learning, impactful investing, and nurturing talent while reflecting on their 'Art of Investing' class. The duo explores the power of compounding, both in finance and personal growth, while emphasizing the significance of relationships and kindness in achieving success. Their thoughts on career-defining moments and private equity provide valuable lessons for aspiring investors.

Jack Altman, CEO of the successful HR software platform Lattice, and Miles Grimshaw, General Partner at Benchmark, dive into scaling tech startups. They share insights from Lattice's early days, discussing investor relationships and the role of Y Combinator. The conversation highlights the importance of market dynamics and customer feedback, arguing that successful engagement metrics go beyond mere usage. They also address evolving employer-employee dynamics and the necessity of authentic leadership in today's work environment. A must-listen for aspiring entrepreneurs!

Michael Simanovsky, Managing Partner of Conversant Capital and a visionary in real estate investment, shares his insights into flexible capital provision across markets. He discusses the untapped potential in senior living facilities and the booming single-family rental market. The conversation dives into the surprising investment appeal of billboards and the impact of AI on data center demands. Simanovsky emphasizes learning from past mistakes and mastering fundamentals to thrive in a dynamic and ever-evolving real estate landscape.

David Senra, creator of the Founders Podcast, shares insights from over 300 entrepreneurial biographies. He discusses the transformative power of storytelling and the delicate balance between ambition and personal sacrifice, exemplified through icons like Michael Jordan. The conversation explores purpose-driven entrepreneurship and the importance of service, while also reflecting on authenticity in podcasting. Senra contrasts seriousness with casualness in achieving goals and draws intriguing parallels between entrepreneurial journeys and characters from Game of Thrones.

Will England, CEO and Co-CIO of Walleye Capital, shares insights on multi-strategy hedge funds and their significance in today's market. He delves into the operational complexities and effective management styles suited for this investment model. The conversation touches on how hedge funds adapted during crises, like the Gamestop short squeeze, and emphasizes the importance of talent selection and team dynamics. Drawing inspiration from the All Blacks, England discusses fostering a strong performance culture within investment teams.

In this conversation, James Cameron, an acclaimed director known for his masterpieces like Titanic and Avatar, shares insights into his remarkable career and adventures. He discusses his record-breaking descent to the Mariana Trench, blending filmmaking with ocean exploration. Listeners learn about his innovative use of CGI and the impact of his special effects company, Digital Domain. Cameron reflects on the creative challenges behind films like The Abyss andAvatar while inspiring with his philosophy of resilience and determination in the face of skepticism.

In this engaging discussion, Lee Ainslie, founder of the top-performing hedge fund Maverick Capital, shares insights from his unique journey in finance. He reflects on building a successful investment firm, emphasizing the importance of integrity and teamwork. Ainslie discusses navigating portfolio construction amid changing markets and the shifting dynamics of the hedge fund industry. He also highlights personal lessons from leadership styles and the significance of resilience in overcoming setbacks, making this conversation a fascinating blend of wisdom and practical advice.