All Episodes
Business Breakdowns — 260 episodes
Toast: Sticky SaaS - [Business Breakdowns, EP.247]
Auto1: EU-sed Car Marketplace - [Business Breakdowns, EP.246]
Opendoor: Q1 2026 Earnings - [Business Breakdowns, EP.245]
PriceSmart: Central America’s Costco - [Business Breakdowns, EP.244]
Altius Minerals: Royalty Check - [Business Breakdowns, EP.243]
Givaudan: The Magic Ingredients - [Business Breakdowns, EP.242]
Apollo: Connoisseurs of Complexity - [Business Breakdowns, REPLAY]
Cognex: Vision Quest - [Business Breakdowns, REPLAY]
ASML: Competing with Moore’s Law - [Business Breakdowns, REPLAY]
Cloudflare: Leading Cybersecurity - [Business Breakdowns, EP.241]
How Investors are using AI - [Business Breakdowns, EP.240]
Games Workshop: The World of Warhammer - [Business Breakdowns, EP.239]
Databricks: From Data to Decisions - [Business Breakdowns, EP.238]
Amadeus: The IT Backbone of Travel - [Business Breakdowns, EP.237]
Doximity: The Hub of Healthcare - [Business Breakdowns, EP.236]
GE Aerospace: Full Throttle - [Business Breakdowns, EP.235]
Alternative Investing: Alts For All - [Business Breakdowns, EP.234]
Robinhood: Mobile First, Margins Later - [Business Breakdowns, EP.233]
CompoSecure: Heavy Metal - [Business Breakdowns, EP.232]
Amphenol: The Nervous System for Electronics - [Business Breakdowns, EP.231]
Media M&A - [Business Breakdowns, EP.230]
Exor: Fiat Crisis to Ferrari Glory - [Business Breakdowns, EP.229]
WaterBridge: Oil and Water - [Business Breakdowns, EP.228]
Mercado Libre: E-commerce Empire - [Business Breakdowns, EP.227]
Compass: Real Estate Revolution - [Business Breakdowns, EP.226]
PE Perspective on Insurance Brokers - [Business Breakdowns, EP.225]
CME Group: The House Always Wins - [Business Breakdowns, EP.224]
Agilent: Back To The Lab - [Business Breakdowns, EP.223]
Patek Philippe: Watch Perfection - [Business Breakdowns, REPLAY]
Alpha In Podcasts? - [Business Breakdowns, EP.222]
Nexstar Media: Broadcasting's Biggest Bet - [Business Breakdowns, EP.221]
EQT: Returns at Scale - [Business Breakdowns, EP.220]
UnitedHealth Group: Beyond The Premium - [Business Breakdowns, EP.219]
Moncler: The Après Playbook - [Business Breakdowns, EP.218]
Vulcan Materials: Rock On - [Business Breakdowns, REPLAY]
monday.com: Work Management Software - [Business Breakdowns, EP.217]
Interactive Brokers: Margin Masters - [Business Breakdowns, EP.216]
Chemed: Empire of Care - [Business Breakdowns, EP.215]
Ecolab: Clean Machine - [Business Breakdowns, EP.214]
Snap-on: Tools of the Trades - [Business Breakdowns, EP.213]
Goosehead: Insuring Coverage - [Business Breakdowns, EP.212]
Compass: Meals for the Masses - [Business Breakdowns, EP.211]
EssilorLuxottica: Sight To Behold - [Business Breakdowns, EP.210]
Watsco: Air Apparent - [Business Breakdowns, EP.209]
Apollo: Connoisseurs of Complexity - [Business Breakdowns, EP.208]
Cognex: Vision Quest - [Business Breakdowns, EP.207]
Rolls-Royce: Turbines and Tribulations - [Business Breakdowns, REPLAY]
AMETEK: Industrial Excellence - [Business Breakdowns, REPLAY]
Jack Henry: VMS King - [Business Breakdowns, EP.206]
APi Group: Safety Services at Scale - [Business Breakdowns, EP.205]
Kaspi.kz: The Kazakh Super-App - [Business Breakdowns, EP.204]
Gaming Consoles Part 3: Nintendo - [Business Breakdowns, EP.203]
Gaming Consoles Part 2: Sony - [Business Breakdowns, EP.202]
Gaming Consoles Part 1: The Thesis - [Business Breakdowns, EP.201]
Arm: The Silicon Blueprint - [Business Breakdowns, EP.200]
Kering: It’s Gucci - [Business Breakdowns, EP.199]
2024 Anecdotes to Remember - [Business Breakdowns, EP.198]
FilterBuy: Fresh Air - [Business Breakdowns, EP.197]
Inditex: Fast Fashion - [Business Breakdowns, EP.196]
Alternative Lending in Real Estate - [Business Breakdowns, EP.195]
SpaceX: Rocket Ship - [Business Breakdowns, EP.194]
Investing in Venture Secondaries - [Business Breakdowns, EP.193]
Informa: Where Industries Meet - [Business Breakdowns, EP.192]
Fastenal: A Nuts & Bolts Success Story - [Business Breakdowns, EP.191]
Demographics Driving Real Estate - [Business Breakdowns, EP.190]
Merck & Co: Blockbuster Drugs - [Business Breakdowns, EP.189]
American Tower: Signals and Stability - [Business Breakdowns, EP.188]
AIG: Rise, Fall, and Rebirth - [Business Breakdowns, EP.187]
Gregorys Coffee: From Bean to Dream - [Business Breakdowns, EP.186]
Going Activist in Japan - [Business Breakdowns, EP.185]
RTW: Investing across Healthcare - [Business Breakdowns, EP.184]
Sherwin-Williams: Brushstrokes of Success - [Business Breakdowns, EP.183]
Rakuten: Rewiring Japan's Digital Economy - [Business Breakdowns, EP.182]
Renishaw: The Precision Pioneers - [Business Breakdowns, EP.181]
3i Group: Capital in Action - [Business Breakdowns, EP.180]
5 Handpicked Highlights - [Business Breakdowns, EP.179]
Graco: Mastering The Flow - [Business Breakdowns, EP.178]
Siemens Energy: Winds of Change - [Business Breakdowns, EP.177]
Olympic Games: The Price of Glory - [Business Breakdowns, EP.176]
Axon: Stunning The Competition - [Business Breakdowns, EP.175]
Rolls-Royce: Turbines and Tribulations - [Business Breakdowns, EP.174]
Cintas: Rags to Riches - [Business Breakdowns, EP.173]
Mineral Resources: Unearthing Value - [Business Breakdowns, EP.172]
Motorola Solutions: From Zero to Hero - [Business Breakdowns, EP.171]
The Marina Industry: Building Moats, Storing Boats - [Business Breakdowns, EP.170]
Coupang: Korean E-Commerce Craze - [Business Breakdowns, EP.169]
Lifco: Dentistry, Demolition, and Decentralization - [Business Breakdowns, EP.168]
CHIPS Act: Securing Semiconductor Supply - [Business Breakdowns, EP.167]
InterDigital: Setting Wireless Standards - [Business Breakdowns, EP.166]
Bajaj Finance: Strategies of a Lending Giant - [Business Breakdowns, EP.165]
The Evolution of Private Credit: Part 2 - [Business Breakdowns, EP.164]
The Evolution of Private Credit - [Business Breakdowns, EP.163]
British American Tobacco: Clearing the Air - [Business Breakdowns, EP.162]
AMETEK: Industrial Excellence - [Business Breakdowns, EP.161]
Gartner: Compound Insights - [Business Breakdowns, EP.160]
Winmark: Resale at Scale - [Business Breakdowns, EP.159]
Embraer: Defying Gravity - [Business Breakdowns, EP.158]
Boeing (REPLAY): Turbulent Times - [Business Breakdowns]
Duolingo: Free Speech - [Business Breakdowns, EP.157]
Mitsubishi Corporation: A Japanese Trading Company - [Business Breakdowns, EP.156]
Intuitive Surgical: Robotic Precision - [Business Breakdowns, EP.155]
D.R. Horton: Building a New Model - [Business Breakdowns, EP.154]
FTX: Inside the Restructuring - [Business Breakdowns, EP.153]
CNX Resources: Hit the Gas - [Business Breakdowns, EP.152]
Vulcan Materials: Rock On - [Business Breakdowns, EP.151]
HEICO: Parts for Planes - [Business Breakdowns, EP.150]
Intel: Cyclical Recovery or Secular Demise? - [Business Breakdowns, EP.149]
Arthur J. Gallagher: Insurance Broking - [Business Breakdowns, EP.148]
Samsung: Semiconductors over Smartphones - [Business Breakdowns, EP.147]
Patek Philippe: Watch Perfection - [Business Breakdowns, EP.146]
Rolex: Timeless Excellence - [Business Breakdowns, Forever Episode]
Visma: Mission Critical European Software - [Business Breakdowns, EP.145]
Trane Technologies: Hot and Cold - [Business Breakdowns, EP.144]
Live Oak: The Small Business Bank - [Business Breakdowns, EP.143]
Moody’s: Aaa Business Model - [Business Breakdowns, EP.142]
Pernod Ricard: Luxury Liquor - [Business Breakdowns, EP.141]
Ferrari: Magic from Maranello - [Business Breakdowns, EP.140]
Charter Communications: Cable Cash Flows - [Business Breakdowns, EP. 139]
Vistra Corp: Full Stack Energy Provider - [Business Breakdowns, EP.138]
Entegris: Solutions for Semiconductors - [Business Breakdowns, EP.137]
The Coca-Cola Company - [Business Breakdowns, EP.136]
FedEx: Anytime, Anywhere - [Business Breakdowns, EP.135]
Databricks: Data Based Decisions - [Business Breakdowns, EP.134]
Match Group: The Business Behind Tinder - [Business Breakdowns, EP.133]
Olin: Chemistry and Cash Flows - [Business Breakdowns, EP.132]
WEX: Fleet Cards - [Business Breakdowns, EP.131]
Equifax: Your Score & More - [Business Breakdowns, EP.130]
Boeing: Turbulent Times - [Business Breakdowns, EP.129]
Kingspan: Influential Irish Insulation - [Business Breakdowns, EP.128]
Padel: Causing a Racket - [Business Breakdowns, EP.127]
The Business of Football - [Business Breakdowns, EP.126]
Casey’s General Stores: Fueling Convenience - [Business Breakdowns, EP.125]
Take-Two Interactive: GTA and NBA 2K - [Business Breakdowns, EP.124]
Nubank: David vs Goliaths - [Business Breakdowns, EP.123]
Argenx: Changing Lives with Llamas - [Business Breakdowns, EP.122]
Copart: The Car Undertaker - [Business Breakdowns, EP.121]
Lululemon Athletica: The Athleisure Leader - [Business Breakdowns, EP.120]
Toast: The Restaurant Operating System - [Business Breakdowns, EP.119]
Applied Materials: Sanding Atoms - [Business Breakdowns, EP.118]
ASML: Competing with Moore’s Law - [Business Breakdowns, EP.117]
Roku: One Stop Streaming Shop - [Business Breakdowns, EP.116]
Mobile Gaming: A Freemium Economy - [Business Breakdowns, EP.115]
First Citizens Bank: The Bank Buyers - [Business Breakdowns, EP.114]
PayPal: A Digital Money Marketplace - [Business Breakdowns, EP.113]
Restoration Hardware: Climbing the Luxury Mountain - [Business Breakdowns, EP.112]
FICO: A High Score Business - [Business Breakdowns, EP.111]
FC Bayern Munich: The Best Run Club in Football - [Business Breakdowns, EP. 110]
MTN Group: Connecting Africa - [Business Breakdowns, EP.109]
Roper Technologies: Industrial Titan to Software Giant - [Business Breakdowns, EP. 108]
Dolby Laboratories: The Sound Standard - [Business Breakdowns, EP. 107]
Electronic Arts: FIFA, The Sims, Madden and More - [Business Breakdowns, EP. 106]
Titan: A Golden Case in Indian Retail - [Business Breakdowns, EP. 105]
The National Basketball Association - [Business Breakdowns, EP. 104]
Jim Chanos: A Short Thesis on Data Centers - [Business Breakdowns, EP. 103]
Markel: Playing The Long Game - [Business Breakdowns, EP. 102]
The Walt Disney Company: An Entertainment Empire - [Business Breakdowns, EP. 101]
IPL: The World’s Fastest Growing Sports League - [Business Breakdowns, EP. 100]
Wise: Moving Money Around the World - [Business Breakdowns, EP. 99]
Ryanair: Low Cost Obsessed - [Business Breakdowns, EP. 98]
Constellation Software: Principled, Profitable, Permanent - [Business Breakdowns, EP. 97]
The Business of Sport: NFL, F1, PGA Tour - [Business Breakdowns, EP. 96]
Qualcomm: Making Smartphones Smart - [Business Breakdowns, EP. 95]
Orangetheory Fitness: A Franchise HIIT - [Business Breakdowns, EP. 94]
WeChat: China’s Operating System - [Business Breakdowns, EP. 93]
Hermès: The Luxury Icon - [Business Breakdowns, EP. 92]
L’Oreal: Because You’re Worth It - [Business Breakdowns, EP. 91]
Carbon Reduction: Changing Business Practices - [Business Breakdowns, EP. 90]
Carbon Removal: A Primer - [Business Breakdowns, EP. 89]
Shiprocket - Enabling Ecommerce in India - [Return on India, EP.03]
DoorDash: Looking for Profitable Routes - [Business Breakdowns, EP. 88]
Floor & Decor: Raising the Floor - [Business Breakdowns, EP. 87]
Netflix: The Original - [Business Breakdowns, EP. 86]
Brookfield Asset Management: Alternative Cash Flows - [Business Breakdowns, EP. 85]
Harvard Business Publishing: A Case Study - [Business Breakdowns, EP. 84]
Vanguard: The Alpha Disrupter - [Business Breakdowns, EP. 83]
The Home Depot: The Pro Builder’s Choice - [Business Breakdowns, EP. 81]
Cameo: Monetizing Fame - [Business Breakdowns, EP. 80]
Archaea Energy: Turning Pollution into Profit - [Business Breakdowns, EP. 79]
Spotter: Funding YouTube Creators - [Business Breakdowns, EP. 78]
Intuit: An Operating System for Small Businesses - [Business Breakdowns, EP. 77]
Trader Joe’s: Grocer to the Overeducated and Underpaid - [Business Breakdowns, EP. 76]
Polaroid: The Genius of Edwin Land - [Business Breakdowns, EP. 75]
General Electric: Lessons from the Rise and Fall - [Business Breakdowns, EP. 74]
AMD: How Chips Are Changing - [Business Breakdowns, EP. 73]
CrowdStrike: Cyber SaaS - [Business Breakdowns, EP. 72]
Atlas Copco: Sweden’s Best Kept Secret - [Business Breakdowns, EP. 71]
ChargePoint: Leading the EV Charge - [Business Breakdowns, EP. 70]
Union Pacific: Long Train Runnin’ - [Business Breakdowns, EP. 69]
LVMH: The Wolf in Cashmere’s Conglomerate - [Business Breakdowns, EP. 68]
DuPont: Two Centuries of Chemistry - [Business Breakdowns, EP. 67]
Charles Schwab: The 8 Trillion Dollar Gorilla - [Business Breakdowns, EP. 66]
Rolex: Timeless Excellence - [Business Breakdowns, EP. 65]
Dino Polska: Serving Small-Town Poland - [Business Breakdowns, EP. 64]
Berkshire Hathaway: The Incomparable Compounder - [Business Breakdowns, EP. 63]
Shopify: Tokengated Commerce - [Web3 Breakdowns, EP.28]
Gogo: Internet for Private Jets - [Business Breakdowns, EP. 62]
Diploma: Specialized Distribution - [Business Breakdowns, EP. 61]
PGA Tour: Playing Under Pressure - [Business Breakdowns, EP. 60]
Anduril: Building the Future of Defense - [Business Breakdowns, EP. 59]
Goldman Sachs: Fortune Favors the Old - [Business Breakdowns, EP. 58]
Baytex Energy: The Business of Oil & Gas - [Business Breakdowns, EP. 57]
DigitalBridge: Pioneering Digital Infrastructure - [Business Breakdowns, EP. 56]
AppLovin: Monetizing & Marketing Mobile Apps - [Business Breakdowns, EP. 55]
Afterpay: Buy Now, Pay Later - [Business Breakdowns, EP. 54]
Block: Square, Cash App, and Economic Access - [Business Breakdowns, EP. 53]
McKinsey & Company: The First Management Consultants - [Business Breakdowns, EP. 52]
Fanatics: Growing the Sports Economy - [Business Breakdowns, EP. 51]
Anchorage Digital: Serving Institutional Crypto Needs - [Web3 Breakdowns, EP. 12]
Adyen: A First Principles Payment Platform - [Business Breakdowns, EP. 50]
Cadence: Software Behind Semiconductor Design - [Business Breakdowns, EP. 49]
The New York Times: The Empire Strikes Back - [Business Breakdowns, EP. 48]
Basic-Fit: Increasing Returns to Scale - [Business Breakdowns, EP. 47]
UPS: Leaders of the Package - [Business Breakdowns, EP. 46]
Twitter: Towing the Clown Car Out of the Goldmine - [Business Breakdowns, EP. 45]
ViacomCBS: A Content King in the Streaming War - [Business Breakdowns, EP. 44]
Peloton: Reinventing the Wheel - [Business Breakdowns, EP. 43]
Cannabis: Legalizing the Leaf - [Business Breakdowns, EP. 42]
Finch Therapeutics: Empowering Immune Systems - [Business Breakdowns, EP. 41]
London Stock Exchange Group - [Business Breakdowns, EP. 40]
The National Football League - [Business Breakdowns, EP. 39]
NextEra Energy: The Renewable Leader - [Business Breakdowns, EP. 38]
Novocure: Using Physics to Fight Cancer - [Business Breakdowns, EP. 37]
AutoZone: Exemplary Capital Allocation - [Business Breakdowns, EP. 36]
Amazon Aggregators: Buying Third-Party Sellers - [Business Breakdowns, EP. 35]
HelloFresh: Delivering on Process Power - [Business Breakdowns, EP. 34]
MongoDB: The Database Platform - [Business Breakdowns, EP. 33]
Universal Music Group: The Gatekeepers of Music - [Business Breakdowns, EP. 32]
Uber: The Undeletable App - [Business Breakdowns, EP. 31]
John Deere: Centuries of Farming Innovation [Business Breakdowns, EP. 30]
Salesforce: The Cloud & SaaS Pioneer [Business Breakdowns, EP. 29]
Solana: Faster, Cheaper, More Scalable [Business Breakdowns, EP. 28]
Taboola: The Open Web’s Suggestion Engine - [Business Breakdowns, EP. 27]
Sky Mavis: The Builders Behind Axie Infinity - [Business Breakdowns, EP. 26]
Datadog: The Realtime Data Monitor - [Business Breakdowns, EP. 25]
Wyndham Hotels: Loyalty Matters - [Business Breakdowns, EP. 24]
Dexcom: Digitizing Diabetes Management - [Business Breakdowns, EP. 23]
SmileDirectClub: Closing the Gap with Affordability - [Business Breakdowns, EP. 22]
ZoomInfo: The Go-To-Market Platform - [Business Breakdowns, EP. 21]
Blackstone: Beyond Buyouts - [Business Breakdowns, EP. 20]
A Primer on Space: The Final Frontier - [Business Breakdowns, EP. 19]
Petco: Capturing the Pet Economy - [Business Breakdowns, EP. 18]
Cardlytics: The Ad Platform with Purchasing Power - [Business Breakdowns, EP. 17]
Exxon Mobil: An Aging Energy Empire - [Business Breakdowns, EP. 16]
Facebook: The Trillion Dollar Listing - [Business Breakdowns, EP. 15]
Formula One: The Iconic Motor Sport - [Business Breakdowns, EP. 14]
Moderna: The Software of Life - [Business Breakdowns, EP. 13]
Pinduoduo: Rise of Social Commerce - [Business Breakdowns, EP. 12]
Invisalign: Patents, Patients, and Profits - [Business Breakdowns, EP. 11]
Wix: The Internet Storefront - [Business Breakdowns, EP. 10]
Ethereum: Into the Ether - [Business Breakdowns, EP. 09]
Calm: The Sleeping Giant - [Business Breakdowns, EP. 08]
Visa: The Original Protocol Business - [Business Breakdowns, EP. 07]
Twilio: Messaging, Margins, and Markets - [Business Breakdowns, EP. 06]
Cinnabon: The Omnichannel Approach to Indulgence - [Business Breakdowns, EP. 05]
Costco: Relentless Focus on the One Thing - [Business Breakdowns, EP. 04]
Alibaba: A Giant Among Giants - [Business Breakdowns, EP. 03]
Chipotle: Simplicity as the Recipe for Success - [Business Breakdowns, EP. 02]
Shopify: The E-commerce On-Ramp - [Business Breakdowns, EP. 01]
Business Breakdowns - Trailer
Welcome to Business Breakdowns