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Odd Lots

Brad Jacobs Plans to Make Billions in the Building Supply Industry

Odd Lots

Bloomberg

News, Investing, Business, News Commentary, Business News

4.4 β€’ 1.6K Ratings

πŸ—“οΈ 28 December 2023

⏱️ 50 minutes

🧾️ Download transcript

Summary

Brad Jacobs has founded multiple multi-billion dollar companies in his career. He turned United Waste into part of a major trash collection conglomerate. United Rentals has been a massive winner in equipment rental for the construction industry. And XPO Logistics (which has spun out GXO and RXO) is a freight behemoth. Now, he's planning on doing it again. His new company, QXO, wants to be a billion-dollar player in the area of building products distribution. On this episode, we speak to Jacobs β€” who is the author of the new book, How To Make A Few Billion Dollars β€” about why he chose to go into this industry, his philosophy of building businesses, and how he plans to win in this space.

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Transcript

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0:00.0

At public, we took fixed income and fixed it.

0:03.0

Now you can find, evaluate, and buy thousands of bonds

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with an investing experience designed this century.

0:09.0

Go to public.com slash bonds podcast to get started. This podcast is sponsored by public.

0:15.0

Full disclosures can be found at public.com slash bonds.

0:18.0

Hi there, it's Jill Wiesenthal.

0:21.0

And Tracy Allaway, the co-host of the Oddlots Podcast.

0:24.4

If you're a fan of our coverage on things like auto, clean energy markets, there's a new show from

0:30.4

Bloomberg Business Week that we want to tell you about.

0:33.0

Elon Inc.

0:34.0

Every week host David Popidopoulos and a panel of Bloomberg journalist

0:38.0

will help you make sense of Elon Musk's latest actions and antics

0:42.0

and the surprising way his companies

0:43.8

intercept. Musk has amassed a shocking amount of power and influence in a few

0:48.0

short years. His companies are altering the course of energy, the energy transition, transportation, public

0:54.9

discourse, and even wartime communications. He's really become the biggest

0:58.9

story in business and that's where we come in.

1:01.2

Yep, you can listen to Elon Inc. from Bloomberg Business Week on Apple Podcast, Spotify,

1:07.0

I-Heart, or wherever you get your podcast. Hello and

1:25.0

I'm Tracy Allaway.

1:27.0

Tracy obviously over the last few years

1:30.0

we've done tons of episodes about freight, logistics, trucking, warehousing, etc.

...

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