Presenting: Invest Like The Best w/ Patrick O'Shaughnessy

3 Things (with Ric Elias)

Red Ventures

Ric Elias, Red Ventures, Society & Culture, Motivation, Inspiration, Self-improvement, Leadership, Business, Education, Careers

4.9 • 165 Ratings

🗓️ 23 September 2024

⏱️ 85 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Listen to Ric on the other side of the interview! Ric was recently a guest on "Invest Like the Best," hosted by Patrick O'Shaughnessy, where they discussed the early days of Red Ventures, the difference between "living good and living well," the power of forgiveness, and compounding more than just your capital.

Check back next week to hear Ric turn the tables - putting Patrick on the other side of the interview for a change.

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Transcript

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0:00.0	Hey everybody, welcome to three things. Today, we're replaying an episode that was just published on the Invest Like the Best podcast hosted by Patrick O'Shaughnessy.
0:10.3	Patrick has interviewed more than 400 of the best investors and business leaders in the world all about how to better invest time and money.
0:17.8	Listen to this full conversation with Rick here and check back next week to hear
0:22.0	Rick turn the tables, putting Patrick on the other side of the interview for a change. This is
0:27.1	Invest Like the Best with Patrick O'Shaughnessy and Rick Elias. Hello and welcome everyone. I'm Patrick
0:36.0	O'Shaughnessy and this is Invest Like the Best.
0:38.4	This show is an open-ended exploration of markets, ideas, stories, and strategies that will help you better invest both your time and your money.
0:46.4	Invest Like the Best is part of the Colossus family of podcasts, and you can access all our podcasts, including edited transcripts, show notes, and other resources to keep
0:55.0	learning at join colossus.com.
0:59.0	Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and
1:04.5	podcast guests are solely their own opinions and do not reflect the opinion of positive
1:09.0	sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.
1:16.4	Clients of positive sum may maintain positions in the securities discussed in this podcast.
1:21.4	To learn more, visit psum.vc.
1:40.2	My guest today is Rick Elias. Rick is the CEO and co-founder of Red Ventures, which has a portfolio of fast-growing digital businesses like Lonely Planet, the Points Guy, Bankrate, and large investments in a variety of other businesses across industries.
1:45.3	He began Red Ventures in the year 2000 and has grown it to a global company with thousands of employees. Rick walks us through the early struggles that have led to a now flourishing
1:50.6	investment platform, but mostly this episode is a masterclass on cultural values and philosophies
1:56.0	that transcend mere financial gain. We discussed the difference between living good and well,
2:00.4	the power of forgiveness,
2:01.5	and compounding more than just your capital. Rick's story is one of resilience, humility, and grace.
2:07.0	His story about being in the front row of the plane that Captain Sully landed in the Hudson is
2:11.0	singular and moving. Please enjoy this great conversation with Rick Elias.
	...

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