StarZero All shows Try the podcast clipper →

cyclical businesses

2 statements across 2 episodes · 0 bullish · 1 bearish · 2 people on the record · first statement Jul 8, 2024 by John Connaughton · across every show →

Everything said about cyclical businesses, oldest first

Jul 8, 2024
Disclosure
Connaughton: Bain Capital bought almost all cyclical businesses in 2006–2007
“So we bought almost all cyclical businesses in O six and O seven.”
John Connaughton Jul 8, 2024 ▶ 39:55 Training Grounds: Bain Capital, John Connaughton (EP.395)
Jun 8, 2026 bearish
Insight
Jain: Paying high multiples on peak margins for cyclicals causes massive losses
“If I go back to .com, the biggest lesson was some of the biggest losses that came in my book were the names that were cyclicals and we paid high multiples on peak margins. I remember Japanese names, which went from five percent operating margin to 25% margin, …”
Rajiv Jain Jun 8, 2026 ▶ 1:05:03 Contrarian Quality at GQG Partners – Rajiv Jain (EP.505)
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 700 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.

Try the podcast clipper Learn more