I Made $50M Buying & Running Boring Businesses

So that was the first golden goose and then you said you started stacking geese like a rapper, you know, at the club. So what's the stack I hope that becomes a term that we can use stacking geese. Stacking geese. We we gotta get some shirts made. I feel like I can rule the world, I know I can be what I want to I put my all in it like my day song. On the road less travel, never look at it. So Brent runs permanent equity. You uh started off as a founder. You started buying companies. And you then started raising money to buy companies. So you raised like something like fifty million bucks for your first fund. You started buying companies with that.

Then a couple of years later, you raised about two hundred fift million dollars to buy more companies. And now you own, I don't know, something like sixteen companies that do over three hundred and fifty million dollars a year of revenue. And I believe what you said was fifty million dollars of free cash flow out of the portfolio now. Which is pretty incredible. So that's who you are. That's what you're bringing the table. And I think

Sam, where do we want to go with this? Because we could ask you about buying businesses. I have some questions around that, but I kinda wanna start with something light before we go into like Hey, can you teach me how to be private equity, please? Yeah, we could we could do the light stuff. I then you also you've got the we call it the off shucks Warren Buffett attitude where you've got uh a list of one lighters, you write amazing annual reports, you're a great writer. So we have a bunch of one liners that we want to ask you about as well. Sounds good.

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