The Ben James Smith Podcast — Episode 11 — Why Governance Increases Returns (Not Reduces Them)

Today I want to talk about a word that many people instinctively associate with limitation.Governance.For some, governance sounds like oversight. For others, it sounds like bureaucracy. And for many operators, it feels like friction.But sophisticated investors see governance very differently.They don’t see it as a restriction on performance.They see it as the mechanism that enables performance to compound. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit benjamessmith.substack.com