Posts written by Mason Myers
Most Companies Not Best Served by Silicon Valley Venture Capital
Most young companies are not well served by capital of the “Silicon Valley venture capital” variety. That has been a common theme of mine over the years, and is a founding hypothesis of my investment fund, Greybull Stewardship. Sometimes this is most obvious to the… Continue reading
Just Do It: Shoe Dog Shares Deep Stories of Business
Attending the Berkshire Hathaway annual meeting this past weekend reminded me of Buffett’s book recommendation of “Shoe Dog” by Nike’s Phil Knight a couple of years ago. “Phil is a very wise, intelligent, and competitive fellow who is also a gifted storyteller,” said Buffett. That… Continue reading
Investing Errors Come From Psychology, Not Information — Charlie Munger (2 of 2)
“A latticework of mental models” describes ways that Charlie Munger sees intelligence and wisdom. Mental models describe more than simple IQ, or Intelligence Quotient. Munger Avoids Investing Errors by Many Mental Models Munger believes a wise person is best served by 80 to 90 mental… Continue reading
Bootstrap Companies Succeed Without Big Venture Capital
Five out of six of the fastest growing companies in the US grow with capital from sources other than traditional venture capital. How about the banks? Talked to an entrepreneurial banker lately? Didn’t think so. Bootstrap companies are creative in finding capital, often out of simple… Continue reading
Roger Murphy’s Significant Life & Murphy Business Brokerage
Living a significant life that has a significant positive impact on others is a great accomplishment. I believe that the investments of Greybull Stewardship are a force for good in the world and have a significant positive impact. That is certainly true for business brokerage generally, Roger… Continue reading
Founder-Led Companies Return Three Times S&P 500 Average
A study in 2016 from Bain & Company shows that over the past 15 years “founder-led companies deliver shareholder returns that are three times higher than those of other S&P 500 companies.” Therefore, we at Greybull Stewardship focus on those founder-led, or founder-involved, companies. We… Continue reading
Investment Asset Class Taking Shape: Smaller, Fast-Growing, Backed by Not-Traditional-VCs
Harvard Business School now catches up to a business trend my investment fund, Greybull Stewardship, has been focusing on for years — the increasing frequency of great businesses that have gotten to nice levels of profitability ($1-3 million) by bootstrapping (i.e., no traditional institutional venture capital).… Continue reading
Culture Eats Strategy for Lunch
The massage school where I am a co-owner, the National Holistic Institute, recently had our annual all staff gathering in Northern California. It is a big investment, but also a critical culture investment to get everyone on the same page. In a school, the interactions… Continue reading