Starbucks CEO Laxman Narasimhan recently said that he doesn't work past 6pm and that if anyone at Starbucks gets a minute of his time after 6 pm they "better be sure that it's important."
He was just fired today.
Triple Net Investor
9,626 posts
Triple Net Investor
@TripleNetInvest
Breaking down markets, stocks & real estate.
Conversations w/ top investors & business leaders.
Equity investor | RE entrepreneur | ex–IB
USA
Joined December 2020
- A guy I know manages a family office and makes $1M+ a year - I asked him what they're invested in His response: "Index funds, Mag 7, Netflix, some real estate and we bought Robinhood recently which was our only new addition in the last yr" Imagine paying someone 7 figures to
- It was revealed earlier this week that Raising Cane's founder, Todd Graves, is worth an est $7.7 billion In this clip, Graves shares the incredible origin story of Cane's and what it took to get his first restaurant open For those that don't know, Cane's is one of the fastest
00:00 - BREAKING: Walgreens is trading under $9 a share and has plunged 90%+ from its all time highs The stock has not seen these kind of levels since Feb 1996 This is one of the most stunning collapses of a former blue chip retailer in recent memory
- Under Armour founder Kevin Plank became a billionaire in his 30s He was a walk-on football player at Maryland when came up with the idea of "dry and comfortable" athletic tee shirt which became the company's first product In this clip, Plank shares his company's incredible
00:00 - The founder of Jimmy Johns, Jimmy Liautaud, is a multi-billionaire In this clip, he shares the company's AMAZING origin story and the events that led up to his first sandwich shop After graduating 2nd to last in his class, his father gave him a choice to either join the Army or
00:00 - Signs we are nearing the end of cycle: -Chamath announcing SPAC -Ai hype > dot com hype -Meme stocks like Open Door ripping -IPOs 2-3x in days -BTC/ETH near ATH -Gold & Housing ATH -Palantir ($400b market cap) at 500+ P/E -Everyone talking about stocks/crypto What am I missing?
- The Raising Canes origin story is my favorite founder's story of all time - Founder Todd Graves owns 90% of Canes, worth $7+ BILLION - The idea for Canes was submitted as a biz plan for a college course that earned the lowest grade in the class - Graves went to every local
00:00 - Warren Buffett thoughtfully explains why investing in stocks/equities is better than real estate, during Berkshire's latest annual meeting: "In respect to real estate, it's so much harder than stocks in terms of negotiation of deals, time spent, the involvement of multiple
00:00 - The McDonalds CEO just gave a reality check for the US economy - and it's ugly for most Americans: "With middle and lower income consumers, they're under a lot of pressure. If you're upper income earning over $100k, things are good. Stock markets are near all time highs.
00:00 - Charlie Munger provides his thoughts on Donald Trump - his warning was prophetic
00:00 - This is an incredibly timed sale by Donald Trump... Trump sold The Trump International Hotel in DC for $375M at the peak of the market in 2022 Less than 2 yrs later, the new owner (CGI) just defaulted on a $285M loan related to the property after rebranding it to the Waldorf
- Cava has plunged 22% after missing earnings - it's now down a massive ~63% since Dec 2024 Many well known fast food chains are crumbling w/ some in danger of going under Chipotle, Wendy's, Noodles, Sweetgreen, JITB etc. are well off their highs What's the issue w/ fast food?
- This is one of my favorite entrepreneurship stories of all time In this 30 min clip, casino/RE tycoon Phil Ruffin shares how he went from 1 c-store in Wichita Kansas to becoming a billionaire, including owning the Treasure Island on the Vegas Strip In a remarkable series of
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