The Minutes of David Friedberg on capital allocation https://minutesof.com/david-friedberg/on/capital-allocation/ Everything David Friedberg has said on capital allocation: 3 verbatim quotes between February 2023 and May 2026, each with a timestamp and a link to the… en Sun, 30 Aug 2026 16:22:45 +0000 Friedberg states Koch reinvests 90% of profits in new businesses and growth as part of its operating model. https://minutesof.com/q/b897b9f1-6d6e-404d-b320-8174bc390a72/ https://minutesof.com/q/b897b9f1-6d6e-404d-b320-8174bc390a72/ “Very unique operating model, which we'll get into today, including principles around disruptive innovation of the business, reinvesting 90% of profits in new businesses and growth, meritocratic values.” — All-In Podcast Tue, 12 May 2026 21:17:30 +0000 capital allocation Friedberg argues too much capital flows into small software projects seeking quick 10x returns. https://minutesof.com/q/ea561478-6a02-48cf-8c17-f81cbfd21ef4/ https://minutesof.com/q/ea561478-6a02-48cf-8c17-f81cbfd21ef4/ “And you could probably make 50,000,000 in return. That's a nice little 10 bagger. Great. Let's do that. And then let's plow a trillion dollars into that concept.” — How I Invest Podcast Tue, 09 Jan 2024 04:38:21 +0000 capital allocation Friedberg argues private enterprises can allocate capital faster and smarter than government funding sources. https://minutesof.com/q/07cf202b-b827-4f01-95b8-b8dbc9706b30/ https://minutesof.com/q/07cf202b-b827-4f01-95b8-b8dbc9706b30/ “I think it's about, you know, we we can aggregate more money through a central source, some federal grants or or what have you.” — Dr Brian Keating Thu, 09 Feb 2023 18:00:09 +0000 capital allocation