Martin Franklin on Building Businesses (Podcast)
Masters in Business
Bloomberg
4.4 • 2.2K Ratings
🗓️ 17 July 2020
⏱️ 47 minutes
🧾️ Download transcript
Summary
Bloomberg Opinion columnist Barry Ritholtz speaks with Sir Martin Ellis Franklin, the founder and CEO of Mariposa Capital LLC and chairman and controlling shareholder of Royal Oak Enterprises LLC. Franklin is also the founder and executive chairman of Element Solutions Inc. (previously known as Platform Specialty Products Corporation), a director of Restaurant Brands International Inc., and a director of APi Group Corporation. In addition, he was the youngest CEO of a corporation listed on the NYSE.
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Transcript
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| 0:00.0 | Our engineers don't just ship code. They shape global financial markets. |
| 0:04.4 | As a technologist at Bloomberg, you'll solve real-world problems for our customers |
| 0:08.2 | in real time so you can make an impact from day one. Ready to go further? |
| 0:12.6 | Start at Bloomberg.com slash think bigger. |
| 0:17.1 | This is Masters in Business with Barry Rittoltz on Bloomberg Radio. |
| 0:22.3 | This weekend on the podcast, you guys give me grief when I say I have an extra special guest. |
| 0:26.9 | But once again, I have an extra special guest. |
| 0:30.8 | Sir Martin Franklin has such a fascinating career. He started out working with his father, |
| 0:36.8 | taking apart conglomerates, and later decided he would rather build companies than disassemble them, |
| 0:44.1 | and put together quite an amazing streak. You might be familiar with Benson I care. |
| 0:50.2 | The returns on that were 1,800%. He also put together jargon corporation, |
| 0:56.4 | which generated returns of over 5,000%. He's built a number of companies, and really over the past 20 years, |
| 1:05.0 | turned what was known as blank check companies or SPACs into quite a respectable way |
| 1:13.6 | to put patient capital in place to make long-term acquisitions different from private equity, |
| 1:21.7 | which he describes as renting assets. He wants to own assets on behalf of himself and his investors. |
| 1:29.6 | Really just an incredibly fascinating career. He's done so many really interesting things, |
| 1:35.4 | and his track record is quite astonishing. So with no further ado, my conversation with the founder |
| 1:43.0 | and CEO of Mariposa Capital, Martin Franklin. |
| 1:47.6 | This is Masters in Business with Barry Rittoltz on Bloomberg Radio. |
| 1:52.7 | Our extra special guest this week is Sir Martin Franklin. He is the founder and chief executive officer |
| 1:59.6 | of Mariposa Capital. Previously, he was CEO of jargon corporation, Benson I care. He was named Antigua |
| 2:08.4 | and Barbudos Special Economic Envoy, and was knighted as a high degree of knight, Grand Cross, |
... |
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