Shane Parrish

speaker
20,679 appearances 49 recordings 3 series first heard May 2025 last heard 15 Sep

Shane Parrish’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
4 · Jan OctJan 26AprJulnow

Recordings per month over the last 12 months — 30 in all, peaking in Jan 2026 with 4.

Appearances

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He would lose all if he stops, and he will probably lose all anyhow.
Rockefeller wanted to eliminate irrational competition.
It was the same idea that he had formed in 1869, watching refined oil sell for less than crude.
But now the idea was fully grown and tested in battle.
He had bet everything he had on cooperation, beating competition, and in Cleveland, in just four weeks, it had.
Late in his life, he compressed the whole philosophy into two sentences that could stand as the epitaph of the era he created.
The day of combination is here to stay.
Individualism has gone, never to return.
The refiners who had refused Standard's offer found out what happened next.
With the additional scale, Standard's cost advantages widened.
As a result, Standard could easily lower their prices and force the others to lower theirs to compete.
Most of the holdouts went broke within 18 months.
And then after absorbing a competitor, Standard would keep the old company's name on the door.
The exact same sign as if nothing at all had changed.
A man who wanted to sell his oil to an independent Cleveland refiner could walk into a building and negotiate what he thought was a good deal Standard Oil would have no part of and never know he was still selling to Standard Oil.
Standard Oil did this deliberately.
They were designed to be invisible.
And at night, after a day of buying up refineries and assembling what was becoming the largest industrial operation in the country, Rockefeller still got into bed and gave himself a nightly sermon.
He'd been preaching to that pillow for years, but the text had changed.
The man who now owned Cleveland warned himself about something else.
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