Great Business Stories

Initially I had intended to do just 1 episode on Hyundai, focusing mainly on the car business and it’s current leadership, but the story of Ju-yung is just too remarkable to be consigned to a footnote- this is a guy who, from nothing, built a conglomerate that at it’s peak in the 90s was one of the biggest companies in the world, with revenues of $90 billion, 200,000 employees, operating in everything from semi conductors, to cars, to ship building, to construction, to retail outlets- you name it, they did it and Ju-yung built it all through wars and military rulers, it’s a cracking story, enjoy.

Soros’s life is extraordinary. A Jewish teenager who survived the Nazi occupation, fled communist Hungary with almost nothing, and went on to build one of the most remarkable investing careers in modern history.We’re talking about some of the boldest trades ever made. In his most famous bet — the one that led to the label “the man who broke the Bank of England” — Soros personally made around $650 million.But the money is only part of the story. He also gave away roughly $32 billion, becoming one of the most polarising figures in finance and politics.And while we’ll touch on that controversy, this episode is really about the trades — how he thought, how he positioned, and why they were so extraordinary. I love this storyEnjoy.

I borrowed the title from a Bloomberg article on Singer where they also described him as aggressive, tenacious and litigious to a fault. I’ve wanted to cover Singer and his firm Ellliott management event since I read the The Caesar’s Palace Coup and the book mainly deals with how Apollo the hedge fund, led by Leon Black who I also did an episode on a few months ago. The book shows how Apollo is the big beast on Wall Street and uses it’s reputation to intimidate other firms and creditors, except for 1 firm- Elliott management founded by Paul Singer. In this episode we find out how Paul Singer built Elliott to become the most powerful and feared activist hedge fund in the world- and feared not just by CEO’s and company boards, but also by countries. This really is a fascinating story- enjoy.

Like most of you, my perception of Parker was as a reckless party boy who somehow inserted himself into 3 of the most influential internet companies—Napster, Facebook and Spotify. Through the movie The Social Network, he's come to be seen as scheming and duplicitous. But that's not the guy I found when I dug deeper—the real Sean Parker is more nuanced and all the better for it. It's a cracking episode, enjoy.

Promoted at just 26 to head AOL’s messaging platform, then spearheaded Facebook's growth helping to grow it from 15 million users to 840 million, buying 10% of the Golden State Warriors for just $25 million, being the public face of SPACs- a move that tarnished his reputation, co-hosting the massively popular All-In podcast, and just in the last few weeks, making billions from a very early AI investment- it’s a cracking story- enjoy.