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Dinakar Singh

👤 Speaker
519 total appearances

Appearances Over Time

Podcast Appearances

Invest Like the Best with Patrick O'Shaughnessy
Dinakar Singh - A Father’s Call To Action - [Invest Like the Best, EP.428]

it struck me that we need to do things in parallel processing, not serial processing.

Invest Like the Best with Patrick O'Shaughnessy
Dinakar Singh - A Father’s Call To Action - [Invest Like the Best, EP.428]

If there are five interesting ideas, let's do all five at the same time and see which ones work, not do one at a time and go A, B, C, D, E, F, G. So basically what we drew up was a pretty aggressive vision.

Invest Like the Best with Patrick O'Shaughnessy
Dinakar Singh - A Father’s Call To Action - [Invest Like the Best, EP.428]

Early on, it was giving money to people like Columbia, et cetera.

Invest Like the Best with Patrick O'Shaughnessy
Dinakar Singh - A Father’s Call To Action - [Invest Like the Best, EP.428]

And we did a set of motor neuron institute there with

Invest Like the Best with Patrick O'Shaughnessy
Dinakar Singh - A Father’s Call To Action - [Invest Like the Best, EP.428]

someone who wanted to fund ALS as well, and quite similar diseases in terms of some of the impact.

Invest Like the Best with Patrick O'Shaughnessy
Dinakar Singh - A Father’s Call To Action - [Invest Like the Best, EP.428]

But it occurred to us that academia, while very important, was never going to go and develop a drug.

Invest Like the Best with Patrick O'Shaughnessy
Dinakar Singh - A Father’s Call To Action - [Invest Like the Best, EP.428]

And so we really had to create a virtual company.

Invest Like the Best with Patrick O'Shaughnessy
Dinakar Singh - A Father’s Call To Action - [Invest Like the Best, EP.428]

So the thought then was hire some scientists, get some amazing advisors together to really help be our brain trust, and then sit down every so often with Ever and say, what do we need to do to go and move this ball down the field?

Invest Like the Best with Patrick O'Shaughnessy
Dinakar Singh - A Father’s Call To Action - [Invest Like the Best, EP.428]

And then go and do it, whether we pay someone at a company or we give a grant or whatever.

Invest Like the Best with Patrick O'Shaughnessy
Dinakar Singh - A Father’s Call To Action - [Invest Like the Best, EP.428]

But give money, get it done, move on every front at the same time, and then keep coming back and saying, okay, what did we learn?

Invest Like the Best with Patrick O'Shaughnessy
Dinakar Singh - A Father’s Call To Action - [Invest Like the Best, EP.428]

What did we learn?

Invest Like the Best with Patrick O'Shaughnessy
Dinakar Singh - A Father’s Call To Action - [Invest Like the Best, EP.428]

Let's go on to the next thing.

Invest Like the Best with Patrick O'Shaughnessy
Dinakar Singh - A Father’s Call To Action - [Invest Like the Best, EP.428]

Now, all that takes a lot of money.

Invest Like the Best with Patrick O'Shaughnessy
Dinakar Singh - A Father’s Call To Action - [Invest Like the Best, EP.428]

My father would joke that for the straight hour kid, I developed the world's most expensive drug habit.

Invest Like the Best with Patrick O'Shaughnessy
Dinakar Singh - A Father’s Call To Action - [Invest Like the Best, EP.428]

I was a partner in Goldman.

Invest Like the Best with Patrick O'Shaughnessy
Dinakar Singh - A Father’s Call To Action - [Invest Like the Best, EP.428]

And look, at some point, I would have left anyway.

Invest Like the Best with Patrick O'Shaughnessy
Dinakar Singh - A Father’s Call To Action - [Invest Like the Best, EP.428]

In reality, at some point, if you love investing, you want to go and just do it in its own pure form.

Invest Like the Best with Patrick O'Shaughnessy
Dinakar Singh - A Father’s Call To Action - [Invest Like the Best, EP.428]

But it certainly occurred to me at that point that given all this, it was time to get going.

Invest Like the Best with Patrick O'Shaughnessy
Dinakar Singh - A Father’s Call To Action - [Invest Like the Best, EP.428]

One, because of course, I'm passionate about investing and I wanted to build a great firm.

Invest Like the Best with Patrick O'Shaughnessy
Dinakar Singh - A Father’s Call To Action - [Invest Like the Best, EP.428]

But second, because the value of doing that right now and the dollars that could come from it right now could save my daughter in a way that if I waited five years or three years or two years, it wouldn't.