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Zach Dell

๐Ÿ‘ค Speaker
901 total appearances

Appearances Over Time

Podcast Appearances

Invest Like the Best with Patrick O'Shaughnessy
Zach Dell - Powering the Future - [Invest Like the Best, EP.434]

I'm almost 30.

Invest Like the Best with Patrick O'Shaughnessy
Zach Dell - Powering the Future - [Invest Like the Best, EP.434]

So until about middle school, I was pretty in the dark.

Invest Like the Best with Patrick O'Shaughnessy
Zach Dell - Powering the Future - [Invest Like the Best, EP.434]

But there are so many lessons that come to mind from watching him operate over the last couple decades.

Invest Like the Best with Patrick O'Shaughnessy
Zach Dell - Powering the Future - [Invest Like the Best, EP.434]

I'll just name a few.

Invest Like the Best with Patrick O'Shaughnessy
Zach Dell - Powering the Future - [Invest Like the Best, EP.434]

One thing that has always stood out to me has been the tenure of the top leaders across the company.

Invest Like the Best with Patrick O'Shaughnessy
Zach Dell - Powering the Future - [Invest Like the Best, EP.434]

Dell has a lot of employees who have been at the company 10, 15, 25 years.

Invest Like the Best with Patrick O'Shaughnessy
Zach Dell - Powering the Future - [Invest Like the Best, EP.434]

I've always really admired this, and I think it's really showed me how important it is to build a company around a mission, a vision, a strategy, and a culture that is really built for the long term.

Invest Like the Best with Patrick O'Shaughnessy
Zach Dell - Powering the Future - [Invest Like the Best, EP.434]

And that's really the only way that you get these long-tenured leaders is you set the company up to be oriented around a 10, 20, 30-year vision.

Invest Like the Best with Patrick O'Shaughnessy
Zach Dell - Powering the Future - [Invest Like the Best, EP.434]

Another thing I have learned from him is deep open-mindedness and the value of rigorously challenging your own ideas.

Invest Like the Best with Patrick O'Shaughnessy
Zach Dell - Powering the Future - [Invest Like the Best, EP.434]

I don't know that he's ever talked about this publicly, and hopefully I don't get in trouble for doing so, but he's done something in the past, and I think probably still does it, that I think is just so cool, where he'll actually invite a sell-side analyst or an equity research analyst into board meetings every once in a

Invest Like the Best with Patrick O'Shaughnessy
Zach Dell - Powering the Future - [Invest Like the Best, EP.434]

pitched the bear case on the company to the leadership team and kind of red team the business from an outside-in perspective, someone who's deep in the industry, studies the space intensely.

Invest Like the Best with Patrick O'Shaughnessy
Zach Dell - Powering the Future - [Invest Like the Best, EP.434]

And the objective of that person is to come and highlight all the things that they might not be thinking about, that they might be struggling with.

Invest Like the Best with Patrick O'Shaughnessy
Zach Dell - Powering the Future - [Invest Like the Best, EP.434]

And my dad told me he goes to the person, whoever it might be, and asks them, like, don't hold any punches, give us your best shot.

Invest Like the Best with Patrick O'Shaughnessy
Zach Dell - Powering the Future - [Invest Like the Best, EP.434]

be as negative as you can.

Invest Like the Best with Patrick O'Shaughnessy
Zach Dell - Powering the Future - [Invest Like the Best, EP.434]

And I think this concerted effort to constantly question the work that your team is doing and challenge the assumptions is super, super powerful.

Invest Like the Best with Patrick O'Shaughnessy
Zach Dell - Powering the Future - [Invest Like the Best, EP.434]

And I think finally, above all, his genuine love for the game has just shown me the immense power of intrinsic motivation.

Invest Like the Best with Patrick O'Shaughnessy
Zach Dell - Powering the Future - [Invest Like the Best, EP.434]

I mean, he wakes up every single day so excited to go solve the next big hard problem.

Invest Like the Best with Patrick O'Shaughnessy
Zach Dell - Powering the Future - [Invest Like the Best, EP.434]

He's 30 years in.

Invest Like the Best with Patrick O'Shaughnessy
Zach Dell - Powering the Future - [Invest Like the Best, EP.434]

He's still running towards problems, not away from them.

Invest Like the Best with Patrick O'Shaughnessy
Zach Dell - Powering the Future - [Invest Like the Best, EP.434]

He's having a ton of fun doing it.