Hamilton Helmer, every mention
70 scenes · ← back to Hamilton Helmer
tap a year for its mentions
every year anyone Ben Gilbert 35David Rosenthal 32Michael Lewis 2Andrew Marks 1
Verbatim, from the transcripts: the passages where Hamilton Helmer comes up
Disney: The Renaissance and the Empire · Acquired
- ▶ 4:18:20 Ben Gilbert Alright, so listeners, this is the part of the episode where we use Hamilton Helmer's framework to discuss why a company gets to be more profitable than its nearest competitor, and there are seven of them.
The Walt Disney Company: The most successful enterprise for monetizing human nostalgia (Audio) · Acquired
- ▶ 4:17:18 Ben Gilbert So listeners, this is the part of the show where we walk through Hamilton Helmer's Seven Powers framework that effectively helps analyze why does a business get to be more profitable than its nearest competitor and do so
Vanguard: The communist capitalist who saved investors a trillion dollars (Audio) · Acquired
- ▶ 3:25:18 David Rosenthal This will be fun because, you know, Hamilton Helmer's definition of seven powers is what enables a firm to earn sustainably more profits than their closest competitors.
Ferrari: What happens when you staple a luxury brand to a sports team? (Audio) · Acquired
- ▶ 3:29:45 David Rosenthal Borrowed from Hamilton Helmer's great book and framework of what power does a company have?
The NFL: How small-town teams became America's most valuable sports empire (Audio) · Acquired
- ▶ 3:09:32 David Rosenthal The great book by Hamilton Helmer, where we run through each of his seven powers that a business could have to earn long-term differential profits versus its competitors.
10 Years of Acquired (with Michael Lewis) · Acquired
- ▶ 58:49 Ben Gilbert No, I'm trying to think, that's an interesting, so, uh, I'm stealing this idea from our friend Hamilton Helmer, but he brought up this idea in conversation with us that, um, there is a positive benefit to monopolies because they create the…
- ▶ 59:33 Michael Lewis So actually, you just bring up your friend Hamilton Helmer.
- ▶ 59:54 Michael Lewis Uh, what, what is about Hamilton?
Coca-Cola: The Complete History & Strategy (Audio) · Acquired
- ▶ 3:33:36 Ben Gilbert This section power is gleefully ripped from a book called Seven Powers by our friend Hamilton Helmer, and in it he examines what of these seven possible powers is it that enables a business to achieve persistent differential returns, or…
Google Part III: The AI Company. Google is amazingly well-positioned... will they win in AI? (Audio) · Acquired
- ▶ 3:47:18 David Rosenthal Hamilton Helmer's seven powers analysis of Google here in the AI era.
- ▶ 3:50:29 Ben Gilbert Where does Hamilton put distribution?
Google Part II: Alphabet (Audio) · Acquired
- ▶ 3:44:17 Ben Gilbert And for those who are new listeners, power is the section where we analyze which of the seven powers does Google have from Hamilton Helmer's framework that enables a business to achieve persistent differential returns or be more profitable…
Google Part I: Origins of Search. How the Best Business in Human History Happened (Audio) · Acquired
- ▶ 3:24:31 Ben Gilbert And for new listeners to the show, this is based on a book called Seven Powers by Hamilton Helmer, and it is the seven factors that enable a business to achieve persistent differential returns, or basically how to be way more profitable…
- ▶ 3:26:35 Ben Gilbert I mean, think about Hamilton's traditional definition here is that Netflix has scale economies because it can amortize the cost of buying a given piece of content across more users.
- ▶ 3:28:43 Ben Gilbert Hamilton, if you're listening, we need to talk.
Epic Systems (MyChart) · Acquired
- ▶ 3:12:04 Ben Gilbert So, the first part of analysis is a section called power, which we have shamelessly ripped from Hamilton Helmer's book, Seven Powers.
Indian Premier League Cricket (Audio) · Acquired
- ▶ 4:00:39 Ben Gilbert So power is a section that we always do that takes Hamilton Helmer's framework of what enables a business to achieve persistent differential returns on a sustainable basis.
Rolex (Audio) · Acquired
- ▶ 4:26:55 Ben Gilbert So this is where we use Hamilton Helmer's framework of seven powers to analyze what is it that helps a business to achieve persistent differential returns, or what makes this business more profitable than their closest competitor…
TSMC · Acquired
- ▶ 47:28 Ben Gilbert Yeah, and to way pull forward the seven powers section, as Hamilton Helmer would sort of explain, if your margins, particularly your gross margins, are only four or five percent, you're in an industry or a business where all the profits…
- ▶ 1:53:05 David Rosenthal So for folks new to the show, this is one of the discussion topics we do for every episode as we go through Hamilton Helmer's excellent Seven Powers.
- ▶ 1:53:17 David Rosenthal We've had Hamilton on the show.
- ▶ 1:53:18 David Rosenthal He's amazing.
- ▶ 1:53:20 David Rosenthal He identifies seven powers, essentially, sources of defensibility, which he defines as long-term differential profit margins versus your competitors, as we've been talking about on the whole show.
- ▶ 1:53:33 David Rosenthal The seven that he identifies are
- ▶ 1:56:27 David Rosenthal No, I do think there actually is, I don't think Hamilton captures this in his seven powers, and I don't know if he would consider this one, but there is like an ecosystem aspect here because the EDM companies and the IP companies are so…
Mars Inc. - The Chocolate Story (Audio) · Acquired
- ▶ 3:17:18 David Rosenthal So this is a segment we do in analysis in every episode based on Hamilton Helmer's excellent Seven Powers book and framework, and the idea is that there are seven ways that a business can sustainably generate significantly more profit than…
IKEA (Audio) · Acquired
- ▶ 2:48:59 Ben Gilbert And so, now that they have reached escape velocity, like they're through the takeoff phase in Hamilton's parlance, you can't compete directly with them.
Meta (Audio) · Acquired
- ▶ 5:35:46 David Rosenthal I was actually having this discussion with Hamilton recently about the difference between process power and
Microsoft Volume II: The Complete History and Strategy of the Ballmer Years (Audio) · Acquired
- ▶ 4:19:21 Ben Gilbert And the first one is a section called seven powers, which is named after Hamilton Helmer's book.
Starbucks (with Howard Schultz) · Acquired
- ▶ 2:45:31 David Rosenthal There is a unique tapestry that we've been weaving throughout this episode that, you know, in Hamilton Helmer's terms has power here.
Microsoft Volume I: The Complete History and Strategy of founding through Windows 95 (Audio) · Acquired
- ▶ 39:20 David Rosenthal Every episode we talk about Hamilton Helmer's seven powers, and boy, does JPMorgan have scale economies.
- ▶ 1:54:34 David Rosenthal Hamilton Helmutter terms, like, where the power is in the market, and they're gonna be free to license it at whatever terms they want to any other player who wants to enter.
- ▶ 3:55:18 Ben Gilbert So, listeners who are new to the show, we do this section based on Hamilton Helmer's seven powers framework, and the question is, what is it that enables a business to achieve persistent differential returns, or to put it another way, to…
Renaissance Technologies (Audio) · Acquired
- ▶ 2:21:10 Ben Gilbert So listeners who are new to the show, this is Hamilton Helmer's framework from the book Seven Powers.
Hermès (Audio) · Acquired
- ▶ 3:22:57 David Rosenthal Hamilton Helmer's seven powers.
- ▶ 3:23:10 Ben Gilbert And the seven that Hamilton has identified are counter-positioning,
- ▶ 3:26:07 David Rosenthal As Hamilton would put it, counterpositioning is usually a takeoff phase power.
Novo Nordisk (Ozempic) · Acquired
- ▶ 2:44:57 David Rosenthal And, uh, for folks who are new to the show, this is borrowed from our great friend Hamilton Helmer and his wonderful book Seven Powers, where he talks about the means by which a company can achieve persistent differential positive returns…
Visa (Audio) · Acquired
- ▶ 3:01:38 Ben Gilbert All right, so listeners, this is where we talk through Hamilton Helmer's seven powers framework, which is trying to figure out what is it about this particular business that enables it to achieve persistent differential returns and be more…
Nvidia Part III: The Dawn of the AI Era (2022-2023) (Audio) · Acquired
- ▶ 2:12:42 David Rosenthal Yeah, I mean, we've talked about this many times on the show, including with Hamilton Helmer and Chen Yi themselves, but for platform companies like NVIDIA clearly is, there is this special brand of power that is a combination of scale…
Costco (Audio) · Acquired
- ▶ 2:09:22 Ben Gilbert Yeah, so the first segment that we're going to do in our analysis here is power, which is adapted from Hamilton Helmer's Seven Powers book, which is an amazing framework for business strategy.
- ▶ 2:10:13 Ben Gilbert It's Hamilton Helmer's notion that Costco has the ability to leverage their scale to compete for items that their competitors can't get, or perhaps get a better price from suppliers than any of their competitors.
- ▶ 2:20:18 Ben Gilbert So this is the second episode where it's not branding power under Hamilton's definition, it's latent branding power.
Nike (Audio) · Acquired
- ▶ 3:07:24 David Rosenthal For new listeners, as part of the analysis on every episode, we do a segment called Power, which is based on Hamilton Helmer's incredible business strategy book, Seven Powers.
- ▶ 3:12:16 Ben Gilbert But, when you literally understand how Hamilton defines brand power, and the perfect example is the Tiffany ring.
- ▶ 3:15:44 David Rosenthal If that's not brand power right there, I know it doesn't fit Hamilton's definition.
Lockheed Martin (Audio) · Acquired
- ▶ 3:14:27 Ben Gilbert And this is adapted from a framework that Hamilton Helmer created in his book Seven Powers.
Enron · Acquired
- ▶ 2:59:48 David Rosenthal I don't know that there's any real specific power in the way that Hamilton talks about it, where you can literally earn better returns than your competitors, but I think they would have been part of that oligopical mix, so to speak.
- ▶ 3:01:55 Ben Gilbert Analyze Enron through, and even if you had tried to analyze Enron in 99 through a Hamilton-Helmer lens, you probably would have had a hard time coming up with power, which should have led you to the answer that this thing is at least…
Qualcomm · Acquired
- ▶ 1:17:29 David Rosenthal And if you know anything about like, if we've learned anything on acquired about economics of industries and power and Hamilton helmet and all that, like,
- ▶ 2:10:29 David Rosenthal Oh, I think, yeah, Hamilton in Seven Powers, I think he does say patents are cornered.
Amazon Web Services · Acquired
- ▶ 2:24:15 Ben Gilbert So speaking of Hamilton and Seven Powers, in our conversation with him and Shen Yi, he pointed out that
- ▶ 2:25:29 David Rosenthal This was such a good point from Hamilton.
Howard Marks & Andrew Marks: Something of Value · Acquired
- ▶ 57:53 Andrew Marks You also had Hamilton Helmer on here, and a lot of those sort of moats traverse both technology and non-technology businesses, so I have no doubt that Buffett could have totally nailed it, but it was just not in his comfort zone.
Amazon.com · Acquired
- ▶ 3:20:30 Ben Gilbert So, of course, this is us referencing the Hamilton Helmer book, Seven Powers, and the core idea is really investigating what it is that enables a business to achieve persistent differential returns or basically be more profitable than…
- ▶ 3:20:47 Ben Gilbert And the seven options, the seven powers that Hamilton identifies are counter-positioning, scale economies, switching costs, network economies, process power, branding,
Walmart · Acquired
- ▶ 2:25:28 David Rosenthal So for new listeners in the show, and as a reminder for all of us old timers, Hamilton Helmer's seven powers, there are seven of them, and what he's identified as?
- ▶ 2:27:14 David Rosenthal I mean, Hamilton uses
- ▶ 2:28:42 Ben Gilbert They interestingly don't have branding, and this, I think, is a place that they're different than Amazon, because for Walmart, the definition of branding, as Hamilton puts it out there, is would you pay more for a good that came from this…
Arena Show Part I: Idea Dinner + YC Continuity · Acquired
- ▶ 1:13:14 David Rosenthal What do you, what do you think YC's power is, you know, in the Hamilton Helmer sense of like, enables YC to enable, to earn, uh, differentiated, better differentiated returns versus
Nvidia: The Machine Learning Company (2006-2022) · Acquired
- ▶ 1:53:55 David Rosenthal NVIDIA is, we just did this our most recent episode with Hamilton and Chen Yi.
Nvidia: The GPU Company (1993-2006) · Acquired
- ▶ 1:35:21 David Rosenthal We're working on an episode, episode two, with Hamilton Helmer and his colleague Chen Yi at Strategy Capital about power.
Taylor Swift (Acquired’s Version) · Acquired
- ▶ 2:09:49 Ben Gilbert So, as long-time listeners know, we are adapting using Hamilton Helmer's Seven Powers Framework, which is an analysis of what enables a business to achieve persistent deferential returns
FTX with Sam Bankman-Fried & Mario Gabriele (Extended Cut) · Acquired
- ▶ 1:18:40 Ben Gilbert There's a section that we always do, Sam, called Power, which is based on a book by Hamilton Helmer called Seven Powers, which is an analysis of why a business, what is it about a particular business that enables them to achieve persistent…
- ▶ 1:24:14 David Rosenthal Well, you were coming from behind during, you know, Hamilton would call, you were definitely still in the, the market was still in the takeoff phase.
Not Boring (with Packy McCormick) - Extended Cut · Acquired
- ▶ 2:39:17 Ben Gilbert Like the first thing that I was thinking about when I was prepping for this episode is Hamilton Helmer makes the point that
- ▶ 2:43:09 Ben Gilbert Uh, there, there's one that I want to bring up where Hamilton would probably yell at me for calling it the cornered resource of Packy.
- ▶ 2:45:39 David Rosenthal Like, it's just like, Hamilton uses Pixar as the canonical process power in the, um, I think in the, or is it cornered resource?
Complexity Investing & Semiconductors with NZS Capital (Extended Cut) · Acquired
- ▶ 6:24 Ben Gilbert All right, well, listeners, we initially thought that this was going to be purely a semiconductor's follow-up, but we decided after digging in further with Britton and John that we want to introduce you to NZS Capital, their investing…
Standard Oil Part I · Acquired
- ▶ 2:08:35 Ben Gilbert So, uh, as, as Hamilton Helmer would, uh, put forth in his wonderful book, Seven Powers, counter positioning, scale economies, switching costs, network economies, process power, branding, and cornered resource.