Tom Gardner

Transmedics has built up their organ care system.

They have one of the great CEOs in the US.

It's been a wonderful stock for us.

I think our cost basis on some of our shares are down around 15 to 20, and the stock is at about 145 today.

But I think it's got another 3X over the next six to seven years for Transmedic shareholders as it continues to expand.

Well, one of the things to look at is cultural change.

and to just read about the companies.

Again, depends how many companies you have in your portfolio and whether you think you'd have pattern recognition on understanding the decisions they're making.

But you basically want dramatic action culturally at companies now because the winners are going to be AI native companies like the winners.

were going to be and did become internet native companies.

It wasn't like Google was actually a physical bookstore.

Google wasn't a bunch of physical space universities and it was gonna try and create online learning.

It was just, we're just using the internet for our whole business.

We wouldn't even think twice.

This is what people are not quite understanding.

But of course, I don't want to say that too much because it's becoming more and more real and we're seeing transformations in company cultures.

But I don't think what people fully realize is that companies with 2,800 employees may be able to be replaced by companies with 108 employees.

In order for a...

existing technology business to get there, I mean, how do you get from having 2,800 employees, let's just say down to 400 employees, who are all AI native, all advanced AI coders, totally bought in, not even questioning, not even like, oh, I use AI and it came back and it gave me the wrong computation, gave me the wrong answers, like, okay, good, you're supposed to go back and keep working.

so that it gets it right for you.