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why Ron Baron makes billions while most people lose everything when asked how he turned a little money into $40 billion by just ignoring the news - he dropped the cold truth: "guys stare at screens all day trying to guess what happens next - we buy a company... and literally don't look at the price for years" "when tesla crashed in 2019 everyone in finance panicked and sold - we didn't care at all, kept all our shares, and made $4 billion" "regular guys sell the second a stock drops a few bucks - we buy a good company and just leave it alone even when everyone is freaking out" Baron didn't make $40 billion by guessing what happens tomorrow. He made it by just sitting on his hands and doing absolutely nothing while everyone else panics bookmark and watch him explain how he actually plays the gameshow more

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515,732 views • 24 days ago •via X (Twitter)

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Ken Griffin just explained exactly why you keep losing money when asked how Citadel made the biggest profit in wall street history during the 2022 crash - he exposed the cold truth: "in 2022 the market crashed 20% and regular investors got wiped out - we didn't panic, we just ran the math and walked away with $16 billion in pure profit" "people sit at home drawing lines on charts hoping to guess the next big trend - we spend $1 billion a year on computers that execute 7 million trades a day" "we don't care if a company is good or bad - we execute 20% of all us volume every single day just scooping up the pennies that retail traders drop out of fear" Griffin didn't build a $60 billion empire by predicting the future. He built it by exploiting the fear and greed of regular people with cold, ruthless speed bookmark and watch him break down the reality of the game

Ken Griffin just explained exactly why you keep losing money when asked how Citadel made the biggest profit in wall street history during the 2022 crash - he exposed the cold truth: "in 2022 the market crashed 20% and regular investors got wiped out - we didn't panic, we just ran the math and walked away with $16 billion in pure profit" "people sit at home drawing lines on charts hoping to guess the next big trend - we spend $1 billion a year on computers that execute 7 million trades a day" "we don't care if a company is good or bad - we execute 20% of all us volume every single day just scooping up the pennies that retail traders drop out of fear" Griffin didn't build a $60 billion empire by predicting the future. He built it by exploiting the fear and greed of regular people with cold, ruthless speed bookmark and watch him break down the reality of the game

ludoonchart

381,178 views • 25 days ago

Ron Baron thinks saving your money is the stupidest thing you can do "regular guys keep their cash in a bank hoping to make 4% - but the government prints money so fast that your savings lose half their value every 10 years" "normal people trade every single day trying to make a quick buck - we find one absolute monopoly, put a billion dollars into it, and wait 15 years" "when everyone on wall street laughed at Spacex we didn't care - we gave them $700 million, completely ignored the news, and watched it become a $200 billion company" watch him explain why he never keeps his money in cash

Ron Baron thinks saving your money is the stupidest thing you can do "regular guys keep their cash in a bank hoping to make 4% - but the government prints money so fast that your savings lose half their value every 10 years" "normal people trade every single day trying to make a quick buck - we find one absolute monopoly, put a billion dollars into it, and wait 15 years" "when everyone on wall street laughed at Spacex we didn't care - we gave them $700 million, completely ignored the news, and watched it become a $200 billion company" watch him explain why he never keeps his money in cash

ludoonchart

888,002 views • 23 days ago

Ron Baron is the most ruthless long-term predator on Wall Street while average traders panic sell for a 20% gain, he waits a decade and walks away with $8 billion in pure profit "it took me four years of visiting Elon Musk just to get convinced. average guys buy a stock and check the price 10 times a day - i watched Tesla triple, completely missed the rally, and then dumped $400 million in it when i knew for a fact it was going to change the world." "the crowd is obsessed with taking tiny profits off the table - we held our position through absolute hell, and turned that initial check into $8 billion" "now everyone is fighting over generic AI stocks - we are dumping billions into Spacex because we are completely convinced it will become a $30 trillion empire and the single largest company in human history" Baron didn't build a $55 billion fund by trading the daily news cycle or listening to analysts. he built it by finding generational visionaries, buying a massive stake, and completely ignoring the noise for 10 years watch his brand new interview breaking down why he is betting everything on Spacex

ludoonchart

104,634 views • 19 days ago

Ron Baron believes that trading for a quick 20% gain is the fastest way to stay broke "most guys buy bonds or keep cash just to feel safe making 4% - we have never owned a single bond because paper currency is designed to lose its value every day" "the crowd buys a stock with a 3-month plan and panics at a 10% drop - our minimum holding period is 10 years, because that is how you turn a million into a billion" "regular traders obsess over next week's chart patterns - we only care if the founder has the drive to double the size of the business every 5 years" Baron didn't build a $40 billion fund by guessing the next trend. he built it by finding generational monopolies, backing great founders, and doing absolutely nothing for decades watch him break down his exact investment strategy

Ron Baron believes that trading for a quick 20% gain is the fastest way to stay broke "most guys buy bonds or keep cash just to feel safe making 4% - we have never owned a single bond because paper currency is designed to lose its value every day" "the crowd buys a stock with a 3-month plan and panics at a 10% drop - our minimum holding period is 10 years, because that is how you turn a million into a billion" "regular traders obsess over next week's chart patterns - we only care if the founder has the drive to double the size of the business every 5 years" Baron didn't build a $40 billion fund by guessing the next trend. he built it by finding generational monopolies, backing great founders, and doing absolutely nothing for decades watch him break down his exact investment strategy

ludoonchart

436,110 views • 22 days ago

Ron Baron just dropped the exact secret that has kept his $40 billion fund insanely profitable for 40 years straight "most traders stare at spreadsheets trying to predict a 5% earnings beat next quarter - we throw away the short-term models, we only care if the founder is absolutely obsessed" "the crowd buys 20 random stocks because some analyst upgraded them on tv - we will spend 3 years studying a single ceo and their factory floor before we invest a single dollar" "average investors try to guess where the economy is going next month - we find one generational genius, give them $1 billion, and completely get out of their way for 15 years" Baron didn't make his money by timing the market or using complex trading algorithms. he made it by finding the smartest, most ruthless founders on earth and riding their coattails for decades. watch his full keynote where he breaks down this exact strategy

Ron Baron just dropped the exact secret that has kept his $40 billion fund insanely profitable for 40 years straight "most traders stare at spreadsheets trying to predict a 5% earnings beat next quarter - we throw away the short-term models, we only care if the founder is absolutely obsessed" "the crowd buys 20 random stocks because some analyst upgraded them on tv - we will spend 3 years studying a single ceo and their factory floor before we invest a single dollar" "average investors try to guess where the economy is going next month - we find one generational genius, give them $1 billion, and completely get out of their way for 15 years" Baron didn't make his money by timing the market or using complex trading algorithms. he made it by finding the smartest, most ruthless founders on earth and riding their coattails for decades. watch his full keynote where he breaks down this exact strategy

ludoonchart

139,060 views • 21 days ago

SpaceX goes public tomorrow at $1.75 trillion before you buy a single share -> listen to the man who already made billions on Elon Ron Baron put $400M into Tesla when Wall Street laughed. it turned into $8 billion in 2017 he quietly bought SpaceX -> no hype, no headlines. that bet is already up billions before the stock even lists last month he told CNBC it will become "the biggest company on the planet" and three years ago he sat Elon down for a full hour and asked him everything: Starship economics, Starlink, why SpaceX could end up worth more than Tesla that interview just became tomorrow's cheat sheet bookmark & watch before the opening bell ↓

SpaceX goes public tomorrow at $1.75 trillion before you buy a single share -> listen to the man who already made billions on Elon Ron Baron put $400M into Tesla when Wall Street laughed. it turned into $8 billion in 2017 he quietly bought SpaceX -> no hype, no headlines. that bet is already up billions before the stock even lists last month he told CNBC it will become "the biggest company on the planet" and three years ago he sat Elon down for a full hour and asked him everything: Starship economics, Starlink, why SpaceX could end up worth more than Tesla that interview just became tomorrow's cheat sheet bookmark & watch before the opening bell ↓

Ridark

14,474 views • 21 days ago

Ken Griffin's ultimate rule for survival is brutally simple when asked how Citadel survived a near-death experience in 2008 to become a $60 billion empire - he dropped pure reality: "we lost 50% of our capital and our flagship fund was down $8 billion - that's when you realize your textbook risk models mean absolutely nothing" "when you are bleeding $500 million a week you don't survive by having conviction - you survive by aggressively protecting cash" "today we execute 20% of all US volume - we don't hold losers praying for a bounce, if the math breaks, we liquidate immediately" Griffin didn't build Citadel by predicting the future. He built it by completely removing human emotion and ego from the equation when the market collapses. bookmark and watch him break down the reality of risk

Ken Griffin's ultimate rule for survival is brutally simple when asked how Citadel survived a near-death experience in 2008 to become a $60 billion empire - he dropped pure reality: "we lost 50% of our capital and our flagship fund was down $8 billion - that's when you realize your textbook risk models mean absolutely nothing" "when you are bleeding $500 million a week you don't survive by having conviction - you survive by aggressively protecting cash" "today we execute 20% of all US volume - we don't hold losers praying for a bounce, if the math breaks, we liquidate immediately" Griffin didn't build Citadel by predicting the future. He built it by completely removing human emotion and ego from the equation when the market collapses. bookmark and watch him break down the reality of risk

ludoonchart

482,357 views • 26 days ago

When Adam’s stock price dropped by 92% he borrowed money to buy back $6 billion in stock. That bet made the company more than $60 billion: “If no one's going to buy our shares why don't we just start buying our own shares? The company at the bottom was worth $3.8 billion. And we were generating over a billion dollars of EBITDA. Well in theory we could buy back 20% of the shares of the company just in the next year if we really believed in the path we were on. So we kicked that off. But we did it a little bit differently than what most companies do. Most companies go out and say I'm going to buy shares from the public markets and just take shares back. But you don't know who's on the other side of that trade. On the other hand we knew that we had a cap table where about 50% of the shares were going to sell at some point over the coming years. We had private equity investors that owned roughly 50% of the shares of the company alongside some other founders that were no longer there. So instead of going to the public we went to the shareholders that we knew were going to sell and got them to agree to sell back to us over time. And so for the following 18 months we ended up deploying around $6 billion of buybacks using our own capital and we leveraged some to buy back shares in the company. And over time that ended up creating somewhere in the neighborhood of $50 to $60 billion of actual proceeds from the buyback. It was one of the most successful buybacks in the history of companies.”

When Adam’s stock price dropped by 92% he borrowed money to buy back $6 billion in stock. That bet made the company more than $60 billion: “If no one's going to buy our shares why don't we just start buying our own shares? The company at the bottom was worth $3.8 billion. And we were generating over a billion dollars of EBITDA. Well in theory we could buy back 20% of the shares of the company just in the next year if we really believed in the path we were on. So we kicked that off. But we did it a little bit differently than what most companies do. Most companies go out and say I'm going to buy shares from the public markets and just take shares back. But you don't know who's on the other side of that trade. On the other hand we knew that we had a cap table where about 50% of the shares were going to sell at some point over the coming years. We had private equity investors that owned roughly 50% of the shares of the company alongside some other founders that were no longer there. So instead of going to the public we went to the shareholders that we knew were going to sell and got them to agree to sell back to us over time. And so for the following 18 months we ended up deploying around $6 billion of buybacks using our own capital and we leveraged some to buy back shares in the company. And over time that ended up creating somewhere in the neighborhood of $50 to $60 billion of actual proceeds from the buyback. It was one of the most successful buybacks in the history of companies.”

David Senra

518,747 views • 2 months ago

When Adam’s stock price dropped by 92% he borrowed money to buy back $6 billion in stock. That bet made the company more than $60 billion: “If no one's going to buy our shares why don't we just start buying our own shares? The company at the bottom was worth $3.8 billion. And we were generating over a billion dollars of EBITDA. Well in theory we could buy back 20% of the shares of the company just in the next year if we really believed in the path we were on. So we kicked that off. But we did it a little bit differently than what most companies do. Most companies go out and say I'm going to buy shares from the public markets and just take shares back. But you don't know who's on the other side of that trade. On the other hand we knew that we had a cap table where about 50% of the shares were going to sell at some point over the coming years. We had private equity investors that owned roughly 50% of the shares of the company alongside some other founders that were no longer there. So instead of going to the public we went to the shareholders that we knew were going to sell and got them to agree to sell back to us over time. And so for the following 18 months we ended up deploying around $6 billion of buybacks using our own capital and we leveraged some to buy back shares in the company. And over time that ended up creating somewhere in the neighborhood of $50 to $60 billion of actual proceeds from the buyback. It was one of the most successful buybacks in the history of companies.”

When Adam’s stock price dropped by 92% he borrowed money to buy back $6 billion in stock. That bet made the company more than $60 billion: “If no one's going to buy our shares why don't we just start buying our own shares? The company at the bottom was worth $3.8 billion. And we were generating over a billion dollars of EBITDA. Well in theory we could buy back 20% of the shares of the company just in the next year if we really believed in the path we were on. So we kicked that off. But we did it a little bit differently than what most companies do. Most companies go out and say I'm going to buy shares from the public markets and just take shares back. But you don't know who's on the other side of that trade. On the other hand we knew that we had a cap table where about 50% of the shares were going to sell at some point over the coming years. We had private equity investors that owned roughly 50% of the shares of the company alongside some other founders that were no longer there. So instead of going to the public we went to the shareholders that we knew were going to sell and got them to agree to sell back to us over time. And so for the following 18 months we ended up deploying around $6 billion of buybacks using our own capital and we leveraged some to buy back shares in the company. And over time that ended up creating somewhere in the neighborhood of $50 to $60 billion of actual proceeds from the buyback. It was one of the most successful buybacks in the history of companies.”

David Senra

127,813 views • 13 days ago

He broke the Bank of England, made $1 billion in a single day, ran a $12 billion fund for 30 years, and never had one losing year this is him sitting down with Bloomberg to explain why he just put most of his portfolio into one AI stock and why a guy who shorted entire currencies just put most of his portfolio into one AI stock bookmark & watch it today ↓

He broke the Bank of England, made $1 billion in a single day, ran a $12 billion fund for 30 years, and never had one losing year this is him sitting down with Bloomberg to explain why he just put most of his portfolio into one AI stock and why a guy who shorted entire currencies just put most of his portfolio into one AI stock bookmark & watch it today ↓

slash1s

225,010 views • 1 month ago

Ron Baron put $1.7 billion into SpaceX while it was private - it turned into $15 billion he just placed a billion dollar order at the IPO and said "10 trillion, 20 trillion, 30 trillion and I could be very low" he started with $100 million in 1992, made his clients $61 billion in profit when he was a kid he drove an ice cream truck, now the president of the NYSE comes to him for advice "I pushed all the chips to the center of the table to be tied to the most successful man on the planet, clearly risky, but that's my game" "never bet against the guy with superpowers who would never give up" bookmark and watch it today ↓

Ron Baron put $1.7 billion into SpaceX while it was private - it turned into $15 billion he just placed a billion dollar order at the IPO and said "10 trillion, 20 trillion, 30 trillion and I could be very low" he started with $100 million in 1992, made his clients $61 billion in profit when he was a kid he drove an ice cream truck, now the president of the NYSE comes to him for advice "I pushed all the chips to the center of the table to be tied to the most successful man on the planet, clearly risky, but that's my game" "never bet against the guy with superpowers who would never give up" bookmark and watch it today ↓

Сarm1ne

2,983,036 views • 1 month ago

George Soros taught Ron Baron one lesson that made him $20 billion "if you have identified and done the work on a business that can grow tremendously - you can't own enough of the greatest idea you've ever had" Baron put $400 million into Tesla and made $7 billion - then put $2 billion into SpaceX and made $13 billion - 54% compounded per year for 9 years he just placed a $1 billion order at the SpaceX IPO - "I'm 83 years old - I can't imagine ever selling a single share in my lifetime" bookmark and watch it today ↓

George Soros taught Ron Baron one lesson that made him $20 billion "if you have identified and done the work on a business that can grow tremendously - you can't own enough of the greatest idea you've ever had" Baron put $400 million into Tesla and made $7 billion - then put $2 billion into SpaceX and made $13 billion - 54% compounded per year for 9 years he just placed a $1 billion order at the SpaceX IPO - "I'm 83 years old - I can't imagine ever selling a single share in my lifetime" bookmark and watch it today ↓

Сarm1ne

746,339 views • 26 days ago

NEWS: Billionaire investor Ron Baron has placed a $1 billion order for SpaceX IPO shares and says he is not selling in his lifetime. Baron, the founder and CEO of Baron Capital, laid out his case on a client call. His firm has put about $2 billion into SpaceX across 27 employee tender rounds since 2017, a position now worth roughly $15 billion after compounding at 54% per year. He believes SpaceX, coming public at under $2 trillion, will reach $10 trillion to $30 trillion within 10 to 15 years and become the largest, most profitable company on the planet. People inside the company tell him he is lowballing it. On Starlink alone, Baron projects 300 million subscribers and about $1 trillion in annual revenue within a decade, making it worth around $14 trillion on its own.

NEWS: Billionaire investor Ron Baron has placed a $1 billion order for SpaceX IPO shares and says he is not selling in his lifetime. Baron, the founder and CEO of Baron Capital, laid out his case on a client call. His firm has put about $2 billion into SpaceX across 27 employee tender rounds since 2017, a position now worth roughly $15 billion after compounding at 54% per year. He believes SpaceX, coming public at under $2 trillion, will reach $10 trillion to $30 trillion within 10 to 15 years and become the largest, most profitable company on the planet. People inside the company tell him he is lowballing it. On Starlink alone, Baron projects 300 million subscribers and about $1 trillion in annual revenue within a decade, making it worth around $14 trillion on its own.

Muskonomy

1,280,649 views • 25 days ago

"Einstein of Wall Street" couldn't afford a seat on the exchange - now he trade $1 billion daily for over 40 years and survived 5 global crashes he just revealed the 5 rules that 80% of traders break every day "FOMO, hype and hope are not sustainable trading strategies" twice tried to buy a seat on the exchange - twice someone outbid him - so he leased one and never left 40 years later he watched everyone on the NYSE floor buy Yahoo at $3 - it went to $600 - they all went broke - one man sold in pieces and made $20 million that's when he learned the rule he still follows today -"nobody ever went broke taking a profit " bookmark & watch today ↓

"Einstein of Wall Street" couldn't afford a seat on the exchange - now he trade $1 billion daily for over 40 years and survived 5 global crashes he just revealed the 5 rules that 80% of traders break every day "FOMO, hype and hope are not sustainable trading strategies" twice tried to buy a seat on the exchange - twice someone outbid him - so he leased one and never left 40 years later he watched everyone on the NYSE floor buy Yahoo at $3 - it went to $600 - they all went broke - one man sold in pieces and made $20 million that's when he learned the rule he still follows today -"nobody ever went broke taking a profit " bookmark & watch today ↓

bodila

334,366 views • 13 days ago

before Nassim Taleb made his fortune shorting the 2008 collapse, an old veteran on the trading floor gave him a terrifying warning "he grabbed me, pointed to a guy across the room and said: 'you see ed over there? he made $7 million in 7 years... and he just lost it all in exactly 7 seconds'" that was the exact moment Taleb realized that 99% of wall street was playing a rigged game of russian roulette "average funds hide their risk to look smart - they make small, steady profits every single day, completely blind to the fact that one rare event will eventually wipe out their entire existence" "we do the exact opposite - we take tiny, calculated losses every day, and position our entire portfolio to make billions the second the system completely breaks" Taleb didn't build his empire by trying to predict the market. he built it by assuming everyone else is fragile, and waiting for the inevitable hurricane to destroy them watch his legendary stanford masterclass where he breaks down this exact realization

before Nassim Taleb made his fortune shorting the 2008 collapse, an old veteran on the trading floor gave him a terrifying warning "he grabbed me, pointed to a guy across the room and said: 'you see ed over there? he made $7 million in 7 years... and he just lost it all in exactly 7 seconds'" that was the exact moment Taleb realized that 99% of wall street was playing a rigged game of russian roulette "average funds hide their risk to look smart - they make small, steady profits every single day, completely blind to the fact that one rare event will eventually wipe out their entire existence" "we do the exact opposite - we take tiny, calculated losses every day, and position our entire portfolio to make billions the second the system completely breaks" Taleb didn't build his empire by trying to predict the market. he built it by assuming everyone else is fragile, and waiting for the inevitable hurricane to destroy them watch his legendary stanford masterclass where he breaks down this exact realization

ludoonchart

139,281 views • 19 days ago

Kevin O'Leary says he sold his company for $4.2 billion and all 10 founders went back to work because they didn't know what else to do "I woke up one day and we sold The Learning Company for $4.2 billion, I had founder shares, I wasn't even thinking about that the night before when we were negotiating the deal" "The 10 of us that were founders, we didn't know anything else except to go back to work… the only difference was we were filthy rich"

Kevin O'Leary says he sold his company for $4.2 billion and all 10 founders went back to work because they didn't know what else to do "I woke up one day and we sold The Learning Company for $4.2 billion, I had founder shares, I wasn't even thinking about that the night before when we were negotiating the deal" "The 10 of us that were founders, we didn't know anything else except to go back to work… the only difference was we were filthy rich"

Yonan

2,869,379 views • 2 months ago

NEW LONG FORM VIDEO: The rise and fall of Groupon: Their $6 billion mistake In December 2010, Google offered $6 billion to buy a two year old coupon website run by a 30 year old college dropout. At the time, it would have been the most expensive acquisition in Google’s history by a wide margin. That founder, Andrew Mason, turned the offer down. He said he wanted to control the company’s destiny. Early on, it looked like he made the right call. The company went public at a $13 billion valuation and became one of the hottest tech stocks on the market. But the success didn’t last. Over the following years, the stock fell more than 80%. The company went into a tailspin and eventually had to do a one for 20 reverse stock split just to keep its share price above $1 and remain listed on the Nasdaq. So what went wrong? This is the rise and fall of Groupon.

NEW LONG FORM VIDEO: The rise and fall of Groupon: Their $6 billion mistake In December 2010, Google offered $6 billion to buy a two year old coupon website run by a 30 year old college dropout. At the time, it would have been the most expensive acquisition in Google’s history by a wide margin. That founder, Andrew Mason, turned the offer down. He said he wanted to control the company’s destiny. Early on, it looked like he made the right call. The company went public at a $13 billion valuation and became one of the hottest tech stocks on the market. But the success didn’t last. Over the following years, the stock fell more than 80%. The company went into a tailspin and eventually had to do a one for 20 reverse stock split just to keep its share price above $1 and remain listed on the Nasdaq. So what went wrong? This is the rise and fall of Groupon.

Michael Girdley

234,516 views • 2 months ago

This is incredible: Exactly 6 years ago, Elon Musk agreed to the compensation package that a Delaware court just voided. Here's a clip from the day when the compensation package was announced. At the time, Tesla, $TSLA, was worth just $59 billion and Elon Musk made his compensation entirely performance based. Here's the best part: "If somehow magically he gets the company to $650 billion, he would collect $55 billion in compensation." Less than 3 years later, Tesla hit a market cap of $650 billion. Elon Musk bet on himself and he delivered. Why is that being taken away from him?

This is incredible: Exactly 6 years ago, Elon Musk agreed to the compensation package that a Delaware court just voided. Here's a clip from the day when the compensation package was announced. At the time, Tesla, $TSLA, was worth just $59 billion and Elon Musk made his compensation entirely performance based. Here's the best part: "If somehow magically he gets the company to $650 billion, he would collect $55 billion in compensation." Less than 3 years later, Tesla hit a market cap of $650 billion. Elon Musk bet on himself and he delivered. Why is that being taken away from him?

The Kobeissi Letter

1,691,345 views • 2 years ago

everyone is wrong about $duol this is a multi trillion dollar company in the making we will look back in some years and marvel at the current stock price just like when I bought $amd at $4.2 and $pltr at $7 here's a presentation with everything you need to know

everyone is wrong about $duol this is a multi trillion dollar company in the making we will look back in some years and marvel at the current stock price just like when I bought $amd at $4.2 and $pltr at $7 here's a presentation with everything you need to know

Antonio Linares

112,177 views • 1 month ago

In a new interview today, Ron Baron explains what drew him to invest in Elon Musk and his companies: "When it became obvious his cars were meeting very strong demand, we invested $400 million between 2014 and 2016. We’ve made about $8 billion on that so far. In 2017, we began to invest in SpaceX. We’ve invested $1.5 billion so far, and that’s now worth about $10 billion. What separates him apart? Young people are dying to work there. He goes into these meetings and, in any one discipline they’re working on, takes them into a room for a couple of hours. He goes around and talks to everyone, asking them questions about what they’re doing. He keeps getting deeper and deeper, and then at the end of the meeting, people walk out of that room—especially first-time engineers—shaking their heads and saying, “Can you believe what we’ve just heard? I’m so glad I survived that meeting.” The people who work there do so because they want to work with this person—Elon. What you've invested in is a company with a culture. He gives responsibility to talented people. He's not afraid to fail."

In a new interview today, Ron Baron explains what drew him to invest in Elon Musk and his companies: "When it became obvious his cars were meeting very strong demand, we invested $400 million between 2014 and 2016. We’ve made about $8 billion on that so far. In 2017, we began to invest in SpaceX. We’ve invested $1.5 billion so far, and that’s now worth about $10 billion. What separates him apart? Young people are dying to work there. He goes into these meetings and, in any one discipline they’re working on, takes them into a room for a couple of hours. He goes around and talks to everyone, asking them questions about what they’re doing. He keeps getting deeper and deeper, and then at the end of the meeting, people walk out of that room—especially first-time engineers—shaking their heads and saying, “Can you believe what we’ve just heard? I’m so glad I survived that meeting.” The people who work there do so because they want to work with this person—Elon. What you've invested in is a company with a culture. He gives responsibility to talented people. He's not afraid to fail."

Sawyer Merritt

115,025 views • 6 months ago