Definitely illuminated by Murray and Steve on this one. I think back to the greatest businesses of all times are the “one man reputation” business. Think Allen & Co., Felix Rohatyn/Andre Meyers of Lazard, the Rothschilds, even Buffett. Their Rolodex and network can simply add immense value in incredible ways.
I do not know the details, but at first glance it looks like a holding company which holds shares of Horizon Asset Management. There are many such holding vehicles and probably not many adress themselves as "intelectual capital" firms...
Let me start by expressing my utmost respect for the quality of what you write. That said, this time I really haven't been able to fully grasp the concept of intellectual capital company. I'll try to go back to episode 122.
Excellent
Thanks, JP!
Definitely illuminated by Murray and Steve on this one. I think back to the greatest businesses of all times are the “one man reputation” business. Think Allen & Co., Felix Rohatyn/Andre Meyers of Lazard, the Rothschilds, even Buffett. Their Rolodex and network can simply add immense value in incredible ways.
Good point, Michael. Love the name of your substack, btw.
Great write up like always
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I do not know the details, but at first glance it looks like a holding company which holds shares of Horizon Asset Management. There are many such holding vehicles and probably not many adress themselves as "intelectual capital" firms...
Dig deeper and get back to us.
Let me start by expressing my utmost respect for the quality of what you write. That said, this time I really haven't been able to fully grasp the concept of intellectual capital company. I'll try to go back to episode 122.