Jorge Paulo Lemann
4 statements across 1 episodes · 2 bullish · 0 bearish · 2 people on the record · first statement May 25, 2021 by Sam Parr · said 23 times in 1 episodes since 2021 · across every show →
Mentions by year
brought up most by Andrew Wilkinson (13), Sam Parr (10)
tap a year for its mentions
Everything said about Jorge Paulo Lemann, oldest first
May 25, 2021 positive
Parr: Lemann built Banco Garantia by hiring candidates with 'PSD' traits
“That's what he looked for, was people who had PSD, and he would hire these folks, and it, in, previously, at different companies, you would automatically get a bonus if you were one of the partner, but they created some type of system that was, ah, they tried …”
May 25, 2021 positive
Wilkinson: Building wealth does not require tech innovation or mimicking Elon Musk
“You don't need to do something innovative and crazy, right? You don't need to be the next Elon Musk or start some crazy technology. You can just choose a traditional business that's very poorly run and run it better. And I, you know, even better if it's a busi…”
May 25, 2021 neutral
Parr: Banco Garantia made $1B annual profit before selling for $650M
“It was something like a billion dollars in profit at one year, but he said that they got cocky and they screwed up. They overbought some stuff and it eventually went south and it sold for six hundred fifty million dollars, which is a, still a ton of money, but…”
May 25, 2021 neutral
Wilkinson: Jorge Paulo Lemann acquires legacy consumer brands using massive debt
“Burger King Budweiser, Tim Hortons, Kraft Foods, Popeyes, Heinz Ketchup, right? So he basically goes out, He finds these amazing, you know, multi-generational businesses that have been around for 50 plus years that do something very, very simple. It's just goi…”