Wells Fargo

2 statements across 2 episodes · 1 bullish · 0 bearish · 2 people on the record · first statement Mar 5, 2024 by Christopher Davis · said 10 times in 4 episodes since 2018 · across every show →

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brought up most by Bethany McLean (5), Christopher Davis (3), Margaret Heffernan (1), Alfred Lin (1)

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2025 1 mention in 1 episode
2024 3 mentions in 1 episode
2020 5 mentions in 1 episode
2018 1 mention in 1 episode

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Everything said about Wells Fargo, oldest first

Mar 5, 2024
Disclosure
Davis: De-risking from Wells Fargo to Nestlé in 2008 led to underperformance
“So, we de-risk the portfolio. Now, I had studied my dad enough to know that going to 30% cash was not the right thing to do, but it may have been, you know, selling some wells and buying Nestle. That ensures that if the crisis gets worse, we're gonna own busin…”
Christopher Davis Mar 5, 2024 ▶ 46:01 Chris Davis: Three Generations of Wealth
Jan 21, 2025 positive
Assertion Contradicted
Zappos reached $1.6 billion in sales on just $10 million in equity
“Tony invested ten million dollars of his own money, but most of it was financed through being very, very creative, figuring out how to get merchants that we ordered from to give us credit and to increase the credit line. We had a, eventually got a line of cred…”
Alfred Lin Jan 21, 2025 ▶ 45:48 How to Win by Being Right and Contrarian: Lessons from Zappos to DoorDash
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