Peter Stark - Astoria

A Book with Legs

Smead Capital Management

Investing, Business, Management

4.2 • 1.1K Ratings

🗓️ 28 March 2022

⏱️ 51 minutes

🔗️ Recording | iTunes | RSS

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Summary

Financial success and frontier exploration, but at what cost?

In this episode, Cole is joined by Peter Stark, author of the book Astoria, to discuss America’s first millionaire, John Jacob Astor, and his public-private partnership strategy with Thomas Jefferson to open the North American west coast to global trade.

Transcript

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0:00.0	You're listening to A Book with Legs, a podcast presented by Smead Capital Management.
0:08.0	At Smead Capital Management, we advise investors who fear stock market failure.
0:12.9	You can learn more at Smeadcap.com or by calling your financial advisor.
0:26.4	Welcome to a book with legs podcast. I'm Cole Smead. I'm the president and a portfolio manager here at Smead Capital Management. At our firm, we are readers and book junkies. It can be
0:32.3	said that leaders are readers and we believe books provide us a great source of information for
0:37.4	filtering what is and isn't important provide us a great source of information for filtering what is
0:38.3	and isn't important for us as investors. Investing is the last great liberal art and the best way
0:44.4	to spend a lifetime of learning. This podcast is for readers, thinkers, business-minded people,
0:50.8	and investors who want to grow their knowledge from great authors and their writing.
0:55.5	Charlie Munger often talks about using multiple mental models and analysis.
0:59.9	Our aim for this podcast is to help listeners test Munger's theory in business, markets, and people.
1:06.4	This is going to be fun.
1:08.2	We are going to look at one of the strongest cocktails of private enterprise
1:12.0	and government dreams colliding in U.S. history. Peter Stark is joining us to talk about his book
1:17.7	Astoria, John Jacob Astor and Thomas Jefferson's Lost Pacific Empire. Peter Stark is an adventure
1:24.1	and exploration writer and historian. He is also the author of Young Washington,
1:29.3	his 2018 book. A longtime correspondent for Outside Magazine, Stark's articles and essays have
1:35.8	also appeared in The Smithsonian, The New Yorker, the New York Times Magazine, Men's Journal,
1:41.5	and many others. Astoria was also a New York Times bestseller, a finalist for a
1:47.3	Penn USA Literary Award and was adapted into an epic two-part play by Portland Center Stage in
1:54.1	Portland, Oregon. On a personal note, I also just have to mention that Peter is our first cheesehead
2:00.6	to join the podcast today. So,
	...

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