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Charlie Songhurst

๐Ÿ‘ค Speaker
See mentions of this person in podcasts
640 total appearances

Appearances Over Time

Podcast Appearances

Invest Like the Best with Patrick O'Shaughnessy
Charlie Songhurst โ€“ Lessons from Investing in 483 Companies - [Invest Like the Best, CLASSICS]

To whom would be this sort of counter question?

Invest Like the Best with Patrick O'Shaughnessy
Charlie Songhurst โ€“ Lessons from Investing in 483 Companies - [Invest Like the Best, CLASSICS]

I think to sort of the average person, probably 350 of them.

Invest Like the Best with Patrick O'Shaughnessy
Charlie Songhurst โ€“ Lessons from Investing in 483 Companies - [Invest Like the Best, CLASSICS]

Obviously, they're not bullying to the founder.

Invest Like the Best with Patrick O'Shaughnessy
Charlie Songhurst โ€“ Lessons from Investing in 483 Companies - [Invest Like the Best, CLASSICS]

And they're never bullying to me.

Invest Like the Best with Patrick O'Shaughnessy
Charlie Songhurst โ€“ Lessons from Investing in 483 Companies - [Invest Like the Best, CLASSICS]

I find things like accounting software deeply interesting because it's an intellectual puzzle.

Invest Like the Best with Patrick O'Shaughnessy
Charlie Songhurst โ€“ Lessons from Investing in 483 Companies - [Invest Like the Best, CLASSICS]

You're solving someone's problem.

Invest Like the Best with Patrick O'Shaughnessy
Charlie Songhurst โ€“ Lessons from Investing in 483 Companies - [Invest Like the Best, CLASSICS]

And I also think the utilitarian output to the world is way underestimated of these things.

Invest Like the Best with Patrick O'Shaughnessy
Charlie Songhurst โ€“ Lessons from Investing in 483 Companies - [Invest Like the Best, CLASSICS]

If you were to think, what was the precursor technology to Manhattan?

Invest Like the Best with Patrick O'Shaughnessy
Charlie Songhurst โ€“ Lessons from Investing in 483 Companies - [Invest Like the Best, CLASSICS]

Sewers.

Invest Like the Best with Patrick O'Shaughnessy
Charlie Songhurst โ€“ Lessons from Investing in 483 Companies - [Invest Like the Best, CLASSICS]

Very hard to have Manhattan without sewers.

Invest Like the Best with Patrick O'Shaughnessy
Charlie Songhurst โ€“ Lessons from Investing in 483 Companies - [Invest Like the Best, CLASSICS]

But they don't sound exciting, right?

Invest Like the Best with Patrick O'Shaughnessy
Charlie Songhurst โ€“ Lessons from Investing in 483 Companies - [Invest Like the Best, CLASSICS]

If you were to suddenly remove them, human living standards would drop exponentially.

Invest Like the Best with Patrick O'Shaughnessy
Charlie Songhurst โ€“ Lessons from Investing in 483 Companies - [Invest Like the Best, CLASSICS]

And so those base technologies that sort of double entry accounting in the sort of 14th century under the Medicis or whoever, those things really matter as sort of system-wide improvements to the thing.

Invest Like the Best with Patrick O'Shaughnessy
Charlie Songhurst โ€“ Lessons from Investing in 483 Companies - [Invest Like the Best, CLASSICS]

And sometimes the joy of those can be missed.

Invest Like the Best with Patrick O'Shaughnessy
Charlie Songhurst โ€“ Lessons from Investing in 483 Companies - [Invest Like the Best, CLASSICS]

I think there's this thing where if you think about the investment career, most people join a place where they fit.

Invest Like the Best with Patrick O'Shaughnessy
Charlie Songhurst โ€“ Lessons from Investing in 483 Companies - [Invest Like the Best, CLASSICS]

And so they join an organization that gets them.

Invest Like the Best with Patrick O'Shaughnessy
Charlie Songhurst โ€“ Lessons from Investing in 483 Companies - [Invest Like the Best, CLASSICS]

So you do have this sort of birds of a feather flock together.

Invest Like the Best with Patrick O'Shaughnessy
Charlie Songhurst โ€“ Lessons from Investing in 483 Companies - [Invest Like the Best, CLASSICS]

So you tend to find that you get a set of people that either like the gritty and the real and the physical and the tangible.

Invest Like the Best with Patrick O'Shaughnessy
Charlie Songhurst โ€“ Lessons from Investing in 483 Companies - [Invest Like the Best, CLASSICS]

Look at, say, the overlap between stock investors looking at things like mining companies and shipping companies.

Invest Like the Best with Patrick O'Shaughnessy
Charlie Songhurst โ€“ Lessons from Investing in 483 Companies - [Invest Like the Best, CLASSICS]

And then you get people that like the abstract aspects