“Like as a VC, you're going to be working on those deals, 10 or 12 years, sometimes 15 years after you make them and before they exit, right? And so like, I'm still working on a fund on a regular basis for deals that we did back in 2014.”
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More from Michael Girdley
Opinion
Girdley: The baby boomer small business acquisition 'tsunami' is overblown
“I know people are finding businesses from baby boomers, but like, I think that's kind of way overblown in terms of how many are truly out there. It's not a tsunami. It's something more like a little ripple.”
Michael GirdleySep 7, 2023▶ 4:44How Holdco Legend Michael Girdley is Playing Multi-Decade Games (and Winning)
Opinion
Girdley: Warren Buffett's hands-off holding company mystique is crafted BS
“I think a lot of it is really crafted. I think there's a lot of BS there that people buy into that he has this holding company and he doesn't really have to work very hard. Like, that's great. But for the rest of us, we have to work hard.”
Michael GirdleyNov 20, 2024▶ 3:27How to start a Holding Company (full tutorial)
Insight
Girdley: Market selection matters far more in business than execution quality
“The thing that matters most in business is not how well I run a business. It is what game am I playing? Like, I would much rather play a really good game and be in a super good business and do that not very good than to be the best at a really hard business be…”
Michael GirdleySep 7, 2023▶ 40:36How Holdco Legend Michael Girdley is Playing Multi-Decade Games (and Winning)
“Well, it's also this idea that nobody talks about is that there is a diminishing return on money. Like, and I also have this like weird idea I've been toying with that. It's actually, there's negative marginal returns on money as you get more of it. Like, as I…”
Michael GirdleySep 7, 2023▶ 19:20How Holdco Legend Michael Girdley is Playing Multi-Decade Games (and Winning)
Opinion
Girdley: Podcast consumption aperture is shrinking for 60-75 minute shows
“The aperture of consumption for potential podcasts is like, is shrinking. Like not only is People consuming less of them, but like the demand for people wanting. 60 and 75 minutes stuff. I think, you know, it's limited in terms of the options there for somebod…”
Michael GirdleySep 7, 2023▶ 23:52How Holdco Legend Michael Girdley is Playing Multi-Decade Games (and Winning)
PredictionNot checkable as stated
Girdley expects a 100% success rate across his current portfolio companies
“Working with the companies that I'm already in, you know, I hate to use the word portfolio, but it's the portfolio and I'm working on it and they're growing and they're gonna, I think we're gonna have a hundred percent success right there.”
Michael GirdleySep 7, 2023▶ 49:37How Holdco Legend Michael Girdley is Playing Multi-Decade Games (and Winning)
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