CEO Chat: Generac
Barron's Streetwise
Barron's
4.7 • 1.6K Ratings
🗓️ 13 July 2021
⏱️ 15 minutes
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| 0:00.0 | Brought to you by SuperMicro, your AI and Green Computing Partner. |
| 0:06.0 | So our mission for the last 30 years has really been about education. |
| 0:11.0 | There is a more elegant solution to a power outage and something that can help you |
| 0:16.0 | help solve those power needs in a higher functioning way than the traditional methods. |
| 0:23.0 | Hello and welcome to the Baron Streetwise Podcast. I'm Jack Howe |
| 0:28.0 | and the voice you just heard, that's Aaron Yogfeld. He's the CEO of Generac, |
| 0:34.0 | which is a company best known for its residential standby generators. |
| 0:39.0 | They kind of can kick on automatically in a power outage and run an entire home |
| 0:43.0 | for days or even weeks. But who wants to talk about generators when they |
| 0:48.0 | could be talking about something exciting like electric cars and the shocking |
| 0:52.0 | rise in Tesla's stock price? The answer is anyone who's been paying attention |
| 0:57.0 | to Generac stock. Because over the past year, it's up 247%. That's double |
| 1:04.0 | Tesla's game. And over the past decade, Generac stock has returned nearly |
| 1:09.0 | 3200%, which means it's done about twice as well as Apple and Amazon. |
| 1:15.0 | In a moment, we'll learn why. And Tesla has something to do with it. |
| 1:20.0 | This is the final episode in the series of top CEO chats. Like the others, |
| 1:25.0 | it'll be a short episode with limited narration. We'll be back with regular |
| 1:30.0 | episodes this coming Friday. On to Generac. |
| 1:41.0 | Many people use the words engine and motor interchangeably, but those words |
| 1:46.0 | can also refer to totally different things. A traditional car uses a |
| 1:51.0 | combustion engine. It ignites fuel to create motion and then it transmits |
| 1:56.0 | that motion to the wheels using a mechanical system called a transmission. |
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