Henry Ellenbogen
Founder & CIO, Durable Capital Partners. On 1 show, 1 appearance. The Shows tab opens the full record on each.
investorfounderexecutivedurablecap.com ↗
Prior to founding Durable Capital Partners in 2019, Ellenbogen managed T. Rowe Price's New Horizons Fund. He is recognized for identifying long-term compounders and making early crossover investments into companies such as Workday, Twilio, and DoorDash.
1shows
1appearances
33statements
7resolved
4supported
2contradicted
57%fully supported
Everything Henry Ellenbogen said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Amazon, Walmart, and Costco captured 62% of US retail growth
“And since they basically, you know, got on the same curve, 62% of all retail has gone to those three.”
Durable Capital holds 10% to 15% of its capital in private markets
“So in general at any point in time, we probably have 10, 15% of our capital in the private markets and the rest of the public markets, and then we have to be willing to spend the appropriate time on new ideas, right?”
The average unprofitable Russell 2000 growth stock dropped over 70% in 2022
“The average loss-making company in 2022, in the Russell 2000 growth, went down over 70%.”
Over a dozen US Fortune 500 CEOs started their careers at Danaher
“There's basically over a dozen Fortune, 500 CEOs in the United States who basically started their jobs at Danaher, including the guy who just have turned around GE.”
Amazon reinvested early multi-item shipping advantages into physical fulfillment infrastructure
“Amazon, they took that three to five percent cost advantage of getting that box to you and their ability to put more than one box, one item in the box. And they use that economic advantage to then go build Fulfillment centers that are physical to basically rei…”
Amazon deflated box-shipping costs by 3% to 5% annually for 20 years
“What Amazon was able to do is ride a cost curve where they were deflating the cost of Sending a box out at three to five percent a year for 20 straight years.”
Durable Capital conducts formal three-year retrospective reviews on its underwriting accuracy
“Every single investment at durable, if we own for three years, we actually do a three year look back on what we underwrote and what it did.”
Durable Capital 360 reviews require citing specific analytical help from colleagues
“When we do three, 60 reviews at durable, we actually ask everyone to give feedback on what their colleagues did to make it better. I mean, it's important, and we're a really pleasant culture, and we have high quality people, but it's not, Anouk helped me this …”
Early cable networks compounded at 20% growth with 20% ROEs for decades
“Basically for 20 years, cable networks grew 20% with 20 ROEs, so they were compounders, and that's how you had all these entrepreneurs that had become, you know, billionaires, and that's how you basically had media companies that really fought over a balance o…”
One line per show, most statements first. The link opens Henry's full record on that show: the calibration, argument clarity, speaking style and every statement made there.
| Show | Role there | Eps | Statements | Record | |
|---|---|---|---|---|---|
 INVEST LIKE THE BESTLEDGER | Founder & CIO, Durable Capital Partners | 1 | 33 | 57% 4/7 | full record on Invest Like the Best → |