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The Home Depot

also referred to as: home depot

14 statements across 2 episodes · 4 bullish · 2 bearish · 2 people on the record · first statement Aug 23, 2022 by Les Snead · said 67 times in 9 episodes since 2016 · across every show →

Mentions by year

brought up most by Shane Parrish (63), Ryan Holiday (1), Les Snead (1), Jerry Colonna (1), Adam Carr (1)

tap a year for its mentions
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0242016201720182019202020212022202320242025episodes it came up in
001022042016201720182019202020212022202320242025episodesmentions per episode
2025 62 mentions in 4 episodes 16 per episode
2024 1 mention in 1 episode
2023 1 mention in 1 episode
2022 1 mention in 1 episode
2017 1 mention in 1 episode
2016 1 mention in 1 episode

every mention, scene by scene, with the transcript →

Everything said about The Home Depot, oldest first

Aug 23, 2022 positive
Assertion Not checkable as stated
Snead: Arthur Blank always asked the elephant in the room first
“You sit down in a boardroom with him, and his first question was going to be the elephant in the room.”
Les Snead Aug 23, 2022 ▶ 9:06 Les Snead: Building a Super Bowl Champion
Dec 16, 2025
Assertion Supported
Home Depot Originally Spent 3% of Sales on Ads Versus Walmart's 1.5%
“Home Depot was spending over three percent of gross sales on advertising, while Walmart was only spending 1.5%.”
Shane Parrish Dec 16, 2025 ▶ 45:01 Bernie Marcus: The Story of Home Depot
Dec 16, 2025
Assertion Not yet assessed · timeframe Dec 2025
Home Depot Allocated Half Its 1996 Olympic Corporate Hospitality to Frontline Workers
“And Home Depot had 2000 packages, and half of them went to vendor partners, and the other half went to everyday associates. They were the only sponsor who gave such a high percentage of hospitality packages to their own employees.”
Shane Parrish Dec 16, 2025 ▶ 47:12 Bernie Marcus: The Story of Home Depot
Dec 16, 2025
Assertion Not checkable as stated
Bernie Marcus Rejected $3M VC Offer Demanding Cuts to Employee Healthcare
“A Boston venture capitalist agreed to invest three million dollars. Finally, they thought. But as Bernie was driving the investor to the airport after supposedly sealing the deal but not signing, the man revealed his conditions. Eliminate all company cars, cut…”
Shane Parrish Dec 16, 2025 ▶ 27:09 Bernie Marcus: The Story of Home Depot
Dec 16, 2025
Assertion Supported
Ross Perot Demanded 70% of Home Depot for a $2 Million Investment
“For two million dollars, Perot would own 70% of Home Depot. Bernie and Arthur would split 25%, and Ken would get five percent.”
Shane Parrish Dec 16, 2025 ▶ 21:56 Bernie Marcus: The Story of Home Depot
Dec 16, 2025 positive
Insight
Authentic Employees Make Much Better Company Spokespeople Than Hired Actors
“You can't give authenticity to an actor. The best spokesperson for your company are the people who actually believe in what you're building.”
Shane Parrish Dec 16, 2025 ▶ 46:23 Bernie Marcus: The Story of Home Depot
Dec 16, 2025 negative
Assertion Supported
Former Home Depot CEO Robert Nardelli Resigned With $210M Severance Package
“He resigned under pressure With a two hundred and ten million dollar severance package that sparked public outrage.”
Shane Parrish Dec 16, 2025 ▶ 52:57 Bernie Marcus: The Story of Home Depot
Dec 16, 2025
Insight
Marcus: Retail Customers Prefer Helpful Staff and Low Prices Over Fancy Aesthetics
“Customers didn't want to pay for wider aisles or brighter lights. They didn't want fancy displays or carpeted floors. They wanted help, knowledge, fair prices, and availability.”
Shane Parrish Dec 16, 2025 ▶ 38:34 Bernie Marcus: The Story of Home Depot
Dec 16, 2025 positive
Assertion Supported
Early Home Depot Lumber Workers and Cashiers Became Stock Option Millionaires
“Thousands of regular Home Depot associates became millionaires through stock options, the lumber workers, the cashiers who joined early.”
Shane Parrish Dec 16, 2025 ▶ 53:39 Bernie Marcus: The Story of Home Depot
Dec 16, 2025 positive
Assertion Supported
Home Depot Reached 2,300 Stores and $150B in Annual Revenue by 2024
“By his death, the Home Depot had 2300 stores across three countries, a hundred and fifty billion in annual revenue, and 460,000 employees.”
Shane Parrish Dec 16, 2025 ▶ 54:38 Bernie Marcus: The Story of Home Depot
Dec 16, 2025
Assertion Partly supported
Ken Langone Raised Early Home Depot Capital From 40 Investors at $25,000
“Ken Langone went to work, convincing 40 investors, many of whom who'd made money on Handy Dan's stock to put up 25,000 dollars each.”
Shane Parrish Dec 16, 2025 ▶ 23:56 Bernie Marcus: The Story of Home Depot
Dec 16, 2025
Assertion Not checkable as stated
Security Pacific Banker Threatened Resignation to Force Home Depot Loan Approval
“He stormed into his CEO's office, slammed the door, and threw his resignation letter on the desk. You don't need a banker, he told the CEO. You need a computer. Hire some young kid to come in here and do my job. I buy people. Bernie Marcus and Arthur Blank are…”
Shane Parrish Dec 16, 2025 ▶ 29:37 Bernie Marcus: The Story of Home Depot
Dec 16, 2025 neutral
Assertion Supported
Home Depot Reached 500 Stores and $24B in Sales by 1997
“In 1997, Bernie Marcus stepped down as the CEO after 19 years at the helm. Arthur Blank took over, with Bernie staying on as chairman. The company they'd built now had over 500 stores and twenty-four billion in annual sales.”
Shane Parrish Dec 16, 2025 ▶ 51:36 Bernie Marcus: The Story of Home Depot
Dec 16, 2025 negative
Insight
Marcus: Facing Product Labels is an Expensive Practice That Inflates Retail Prices
“Sears and True Value face their product, meaning they pay employees to go through the store and turn the labels out facing customers. It looks good, but it's tremendously expensive. We find it gets in the way of offering product at the lowest possible price.”
Shane Parrish Dec 16, 2025 ▶ 35:16 Bernie Marcus: The Story of Home Depot
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