transcript · 9,021 words

#364 Nick & Zak's Excellent Adventure: How Nick Sleep and Qais Zaharia Built Their Investment Partnership

Transcribed with NVIDIA Parakeet · Timestamps stay in sync with the live audio

Here's something exciting for you. I am doing a live podcast next Monday, September sixteenth. In New York City. with my friend Patrick from Invest Like the Best. It is free. Because of the good people. My friends at Ramp.

It is going to be a ramps headquarters in Manhattan. If you live in New York and you want to attend, or if you want to hop on a plane for that matter, and fly to New York. on short notice next week, there is a link down below on your podcast player. And you can use that link to register to attend. You gotta move fast. Space is very, very limited. I'm very grateful to the founders of Ramp for offering to do this, to offering to make it free for all. one thing that's really important to the founders of Ramp who become good friends and I spent a lot of time with It's also important to me. It's also important to Nick and Zach and the crazy story that you're about to hear.

And that is this relentless dedication to quality. As you're about to find out, Nick Sleep and his partner Zach have this cult like following, this mystique about them. Not only do they have this phenomenal performance in the very unique and maverick way they built their fund and their partnership. A partnership that made their investors about two billion dollars in profit in ten years. But Nick and Zach's organizing principle was around caring intensely about the quality of your actions and decisions. And so they made very few but heavily concentrated bets.

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