Essays for Investors Featured How to Build without Buying Getting In The Room: To Women With Career Ambitions in Investing 15 Years In The Trenches of SMB Acquisitions and Operations: 2022 Annual Letter There Is No Medium Risk Volatility and Durability: 2022 Mid-Year Update Goodbye Boring Businesses. We Invest in Companies That Care What Happens Next. How Patience Pays Off How Permanent Funds Work Rule #1: Do No Harm Investments We Make Lemons and Mixology: 2020 In Review Selling and Buying Businesses in 2020 We explain what it means to be “open for business” as an investor in the wake of global pandemic. Putting the *Permanent* in PE Investors and Operators: Lessons I've Learned From Both Worlds Introducing Instant Appraisal How To Acquire Your First Small(er) Company Sweating Hay in the Shining Sun The Finish and Starting Line Valuing Companies Our "No Asshole" Policy #428 on Inc. 500: A Decade In Reflection Why I Joined A Public Company Board Three Things Jeff Gramm Taught Us About Shareholder Activism Why We Love to Buy Boring Businesses EBITDA Adjustments From Crazytown The Small Business Crunch How I Evaluate An Investment Why and How Entrepreneurs Should Read Public Company Filings Green Grass, Gratitude, and Things Being Hard Risk, Return, and the High Wire Act
