Irv Grossbeck

speaker

420 appearances 1 recordings 1 series first heard Jun 2025 last heard Jun 2025

Irv Grossbeck’s voice in public audio — every appearance, attributed to the second.

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I think that just is the cost of doing business with them.

There's nothing improper about it.

There's nothing hidden or nefarious in any way.

They're quality people and smart and they're all successful.

But sometimes the best interests of a shurian are not always served in those conversations.

It's the same advice I gave them when they were thinking of selling for $75 million or whatever the number was in the beginning.

If you see a runway ahead and you feel okay about the risks, why not stay and play?

And it was a concentration for me, but it was a tolerable concentration.

And since I'm opportunistic by nature,

I thought there was a lot more bread to bake and I was disinclined to be a seller despite the various opportunities.

I admire Kevin tremendously and the job he's done has been off the charts, as you have said.

And I was thrilled to be an investor and along for the ride and grateful that I was lucky enough to be there.

Actually, despite my own fecklessness in the beginning,

I got lucky and they decided to allow me in under the tent and lucky me.

So shut up and be a good person and try to contribute.

And by the way, who wants to sell?

What am I going to do with the capital?

Pay a big tax on it and then figure out what to do with it next.

And it probably won't be as good as Asurion.

Nothing compares to winning from the high road, and that's what they've done.

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