Eugene Ng: Searching For "Zero To One" Companies

<p>Hey Guys! This week we have Eugene Ng. He is the founder of Vision Capital which invest in public and private markets. On this episode Eugene shares with us his New Death Experience, how he rediscover investing, how he constructs a portfolio, why he likes to invest in Zero to One businesses and he explains his six-part framework using DLocal ($DLO) as an example.&nbsp;</p> <ul> <li>[0:00] Eugene’s Near Death Experience</li> <li>[5:50] Rediscovering Investing: Value to Growth</li> <li>[22:00] Can you really estimate earnings growth?</li> <li>[30:00] Increasing Prices</li> <li>[34:00] Eugene’s Six Part Framework: DLocal ($DLO)</li> <li>[44:00] DLocal: Take Rates a Race to the Bottom?</li> <li>[50:00] Portfolio Construction</li> <li>[54:00] Public and Private Investments</li> <li>[58:00] Zero to One Businesses</li> <li>[1:04:00] When to Sell?</li> <li>[01:13:00] Exciting Industries: Nuclear Fusion</li> <li>[1:6:00] More from Eugene and Closing Questions</li> </ul> <p>If you enjoyed this podcast, make sure to Follow Eugene on Twitter (<a href="https://twitter.com/EugeneNg_VCap" target="_blank">here</a>) and check out his Substack (<a href="https://visioninvesting.substack.com/">here</a>). Also, if you're interested, check out a copy of his book (<a href="https://www.amazon.com/Vision-Investing-Beat-Wall-Street-ebook/dp/B08FWKFP8D" target="_blank">here</a>). I do not receive any kickbacks from book sales!!</p> <p>Finally, a big thanks to the following sponsors for making the podcast a reality.</p> <p>Mitimco</p> <p>This episode is brought to you by MIT Investment Management Company, also known as MITIMCo, the investment office of MIT. Each year, MITIMCo invests in a handful of new emerging managers who it believes can earn exceptional long-term returns in support of MIT's mission. To help the emerging manager community more broadly, they created&nbsp;<a href="https://emergingmanagers.org/" rel="ugc noopener noreferrer" target="_blank">emergingmanagers.org</a>, a website for emerging manager stoc