Tom Michaud

speaker

480 appearances 1 recordings 1 series first heard Jun 2026 last heard 3 Jun

Tom Michaud’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 1 in all, peaking in Jun 2026 with 1.

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The Master Investor Podcast with Wilfred Frost · “We’ve Seen the End of Times”: Tom Michaud on Market Extremes, IPO Red Flags, and 9/11 · 3 Jun 2026 podcast

And to stay where you are and we will evacuate when we can.

And so I was moving back to the building afterwards after I had that conversation and I froze in my steps saying I can't move another step when the second plane hit the second building.

My goodness.

I mean, so I went to business school at night.

There's no chapter in a textbook that tells you what to do when that happens.

And it's really all about what you have inside, what your values are,

and humanity at that moment.

And we made the decision that number one, we were gonna do everything we could to help the families of those who lost a loved one and one of our colleagues.

And then we said our firm wasn't gonna end that day.

And that more than 35% of our capital was owned by someone who had been killed.

We owned a bunch of securities that day.

We didn't know if we had a firm.

I think seven people could show up at work the first time we tried to get back to work.

Our entire research department had been killed and we lost our leadership.

And what we did was we came up with some principles.

We said we're going to do what we could to help those families.

The way I describe it is we pushed the rock up the hill a little bit more every day.

That's what we did.

And then we also, I think, benefited that one hopes they never have to go to the reservoir of goodwill.

But if you do, you hope it's full.

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