Every now and then, we come across super interesting and under-the-radar (at least to us!) public markets folks like NZS Capital who make us think differently about the art of investing. TDM is another one of those groups — founded 18 years ago in Australia, they’ve compounded a single, private pool of capital at 26% per annum over nearly two decades. That’s Warren & Charlie territory!
TDM recently published a memo comparing the current “post ZIRP bubble” market with what happened in the years following both the dot-com crash and the GFC in 2008. As always, past performance isn’t necessarily predictive of the future, but what happened back then surprised us and might surprise you too. More importantly, it gave us the perfect excuse to sit down with TDM cofounder Tom Cowan and share the conversation with you all. Tune in and learn alongside us!
Links:
Sponsors:
Audius (with CEO Roneil Rumberg)
Special drop: David on Levels' Podcast!
Explaining Macroeconomics, The Fed, Interest Rates and Valuations (with Matt McBrady)
Kim-Mai Cutler -- From Journalist to VC
Managing a Crypto Fund (with Kyle Samani from Multicoin Capital)
Owning Your Own Media Stream (from Collison Conf with Garry Tan)
Making your customers your secret weapon (with Highspot's Oliver Sharp)
LP "Expert Call" with Josh Clemente from Levels
The Meituan Bear Case (with Lillian Li)
Modern Treasury interviews Ben & David (and vice versa!)
State-of-SaaS and Deep Collaboration (with Jake Saper from Emergence Capital)
The Idea Dinner #1 (with Mario Gabriele and Packy McCormick)
Roblox IPO Preview (with Mario Gabriele from The Generalist)
What Remote Work Looks Like in 2021 (and Beyond) with Doist CEO Amir Salihefendić
VC Fundamentals Part 4: Portfolio Construction & Management (with Jaclyn Hester & Lindel Eakman of Foundry Group)
Masterclass: Superhuman's Fundraising Playbook (with CEO Rahul Vohra)
Book Club Discussion: Brotopia with Emily Chang
How YC Rewrote the Seed Playbook with Garry Tan
VC Fundamentals Part 3: Company Building
The Outsiders Book Club Discussion with author Will Thorndike
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
Organic Marketing Simplified: Master podcast marketing, fuel podcast growth, and make money podcasting!
THE GO BIZ GUY
The Sigma Femme Podcast
The Prof G Pod with Scott Galloway
The Tim Ferriss Show