Simon Kold, Author of "On the Hunt for Great Companies" and Founder & Portfolio Manager at Kold Investments, joins the podcast to discuss what makes a great company based on his research and writing of his new book, "On the Hunt for Great Companies."
You can buy your copy of Simon's new book, "On the Hunt for Great Companies" here: https://www.amazon.com/Hunt-Great-Companies-Evaluating-Durability/dp/1394285744
Chapters:
[0:00] Introduction + Episode sponsor: Fintool
[2:30] Why Simon decided to write the book
[4:30] Authenticity of communication as an indicator of management passion / deviations from the norm
[12:53] Maximizing shareholder value (pretenders vs. reality) / Founder CEOs / Project IRRs vs. buybacks
[23:09] Value capture / over-earning vs. over-extraction
[33:47] Industries with staying power / longer-term predictability (example of Alcohol industry) / building competitive advantages ($COST example)
[44:42] Premise / value add of the book + final thoughts
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