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Stuart Miller

๐Ÿ‘ค Speaker
616 total appearances

Appearances Over Time

Podcast Appearances

Invest Like the Best with Patrick O'Shaughnessy
Graham Duncan - Talent Whisperer - [Invest Like the Best, EP.409]

So he let this 21-year-old run this thing and this completely inappropriate, massive imposter syndrome at the time. had 30 people working for me. Oh, wow. I don't think I knew that. Yeah, it built a big business. So if I were replaying that, there were moments at which, in retrospect, I was frustrated with him as source. Back then, I saw it as I'm producing The Richard Medley Show.

Invest Like the Best with Patrick O'Shaughnessy
Graham Duncan - Talent Whisperer - [Invest Like the Best, EP.409]

So he let this 21-year-old run this thing and this completely inappropriate, massive imposter syndrome at the time. had 30 people working for me. Oh, wow. I don't think I knew that. Yeah, it built a big business. So if I were replaying that, there were moments at which, in retrospect, I was frustrated with him as source. Back then, I saw it as I'm producing The Richard Medley Show.

Invest Like the Best with Patrick O'Shaughnessy
Graham Duncan - Talent Whisperer - [Invest Like the Best, EP.409]

But the moments when I didn't want to produce The Richard Medley Show, I wanted to produce The Graham Show, they were frustrating. And he and I had conflict in a way that was extra. Like, no, I'm not source here. This is The Richard Show. At the end of the day, everyone, including me, needs to understand that. that the buck stops with him and he started it.

Invest Like the Best with Patrick O'Shaughnessy
Graham Duncan - Talent Whisperer - [Invest Like the Best, EP.409]

But the moments when I didn't want to produce The Richard Medley Show, I wanted to produce The Graham Show, they were frustrating. And he and I had conflict in a way that was extra. Like, no, I'm not source here. This is The Richard Show. At the end of the day, everyone, including me, needs to understand that. that the buck stops with him and he started it.

Invest Like the Best with Patrick O'Shaughnessy
Graham Duncan - Talent Whisperer - [Invest Like the Best, EP.409]

And over time, we tried to grow it off of him. But knowing source is super powerful of like, am I source? I think in some ways at East Rock, I didn't fully own source at times as an example. And my partner, Adam Shapiro, I kind of handed Source off to him, and now it's very coherent, is my sense. He's a great investor, and people in East Rock and the clients are living within Adam Shapiro world.

Invest Like the Best with Patrick O'Shaughnessy
Graham Duncan - Talent Whisperer - [Invest Like the Best, EP.409]

And over time, we tried to grow it off of him. But knowing source is super powerful of like, am I source? I think in some ways at East Rock, I didn't fully own source at times as an example. And my partner, Adam Shapiro, I kind of handed Source off to him, and now it's very coherent, is my sense. He's a great investor, and people in East Rock and the clients are living within Adam Shapiro world.

Invest Like the Best with Patrick O'Shaughnessy
Graham Duncan - Talent Whisperer - [Invest Like the Best, EP.409]

I'm helping an entrepreneur right now who I think is at risk of not fully owning Source. It's something that Enneagram 3s and 9s in particular, I think, are subject to where you can be so adaptable. and pragmatic that you write yourself out of the narrative. Because it's like at the end of the day, I'll take care of my own needs.

Invest Like the Best with Patrick O'Shaughnessy
Graham Duncan - Talent Whisperer - [Invest Like the Best, EP.409]

I'm helping an entrepreneur right now who I think is at risk of not fully owning Source. It's something that Enneagram 3s and 9s in particular, I think, are subject to where you can be so adaptable. and pragmatic that you write yourself out of the narrative. Because it's like at the end of the day, I'll take care of my own needs.

Invest Like the Best with Patrick O'Shaughnessy
Graham Duncan - Talent Whisperer - [Invest Like the Best, EP.409]

I'm going to take care of everybody else's needs and I'll do anything to make this thing work. And so there's a very fine line of being flexible and adaptable, but allowing your own creative voice, what's coming through you, the reason you started the thing in the first place. And it's why, I mean, so many things do not work.

Invest Like the Best with Patrick O'Shaughnessy
Graham Duncan - Talent Whisperer - [Invest Like the Best, EP.409]

I'm going to take care of everybody else's needs and I'll do anything to make this thing work. And so there's a very fine line of being flexible and adaptable, but allowing your own creative voice, what's coming through you, the reason you started the thing in the first place. And it's why, I mean, so many things do not work.

Invest Like the Best with Patrick O'Shaughnessy
Graham Duncan - Talent Whisperer - [Invest Like the Best, EP.409]

At the end of the day, you need to be comfortable with the power dynamic of who is source. One tiny crimp in that hose and all sorts of weird shit happens. And if it's clean, if everybody in a system says, yeah, this guy's source and I want to live in this reality, it has such a healthy vibe to it.

Invest Like the Best with Patrick O'Shaughnessy
Graham Duncan - Talent Whisperer - [Invest Like the Best, EP.409]

At the end of the day, you need to be comfortable with the power dynamic of who is source. One tiny crimp in that hose and all sorts of weird shit happens. And if it's clean, if everybody in a system says, yeah, this guy's source and I want to live in this reality, it has such a healthy vibe to it.

Invest Like the Best with Patrick O'Shaughnessy
Graham Duncan - Talent Whisperer - [Invest Like the Best, EP.409]

It affects my mood when I'm in the space, obviously light and ceilings and all of that art, all that kind of stuff. But one of the things about the East Rock office that I was focused on is I wanted a lot of extra space. I feel like one thing that people with capital should do more is provide physical space for up-and-comers. It's such an easy arb. And Richard Rainwater did that.

Invest Like the Best with Patrick O'Shaughnessy
Graham Duncan - Talent Whisperer - [Invest Like the Best, EP.409]

It affects my mood when I'm in the space, obviously light and ceilings and all of that art, all that kind of stuff. But one of the things about the East Rock office that I was focused on is I wanted a lot of extra space. I feel like one thing that people with capital should do more is provide physical space for up-and-comers. It's such an easy arb. And Richard Rainwater did that.

Invest Like the Best with Patrick O'Shaughnessy
Graham Duncan - Talent Whisperer - [Invest Like the Best, EP.409]

I think Barry Sternlich camped maybe in Dan Stern in Reservoir Space as he was starting Starwood. There's holding a physical space and covering the overhead of that. That's what a certain set of people are lacking. You want to pay their overhead and collect them And ideally, they find things to do together and you find things to do with them.

Invest Like the Best with Patrick O'Shaughnessy
Graham Duncan - Talent Whisperer - [Invest Like the Best, EP.409]

I think Barry Sternlich camped maybe in Dan Stern in Reservoir Space as he was starting Starwood. There's holding a physical space and covering the overhead of that. That's what a certain set of people are lacking. You want to pay their overhead and collect them And ideally, they find things to do together and you find things to do with them.

Invest Like the Best with Patrick O'Shaughnessy
Graham Duncan - Talent Whisperer - [Invest Like the Best, EP.409]

So we have a cafe at East Rock with a great chef for some of the same reasons you do it here. Like it creates more of a restaurant or not quite a club, but just a vibe of.

Invest Like the Best with Patrick O'Shaughnessy
Graham Duncan - Talent Whisperer - [Invest Like the Best, EP.409]

So we have a cafe at East Rock with a great chef for some of the same reasons you do it here. Like it creates more of a restaurant or not quite a club, but just a vibe of.

Invest Like the Best with Patrick O'Shaughnessy
Graham Duncan - Talent Whisperer - [Invest Like the Best, EP.409]

In January of 2020, I had moved to Santa Barbara right before COVID. And I realized that there was enough of a difference in management style between partner Adam and myself that it was incoherent to have me trying to input my claim to source from the West Coast. He's an amazing investor. He has such a different style than me. When we were in the same office, it worked.

Invest Like the Best with Patrick O'Shaughnessy
Graham Duncan - Talent Whisperer - [Invest Like the Best, EP.409]

In January of 2020, I had moved to Santa Barbara right before COVID. And I realized that there was enough of a difference in management style between partner Adam and myself that it was incoherent to have me trying to input my claim to source from the West Coast. He's an amazing investor. He has such a different style than me. When we were in the same office, it worked.