This episode is brought to you by:

Tegus. The team at Tegus has built a full company intelligence platform aimed at streamlining the investment research process. In preparation for the 50X series, we actively used Tegus to gain qualitative insights beyond traditional reported data. To learn more and enjoy a free trial, visit tegus.co/50x.

Show Notes

[00:00:00] – 50X Introduction

[00:02:04] – Sponsorship: Tegus

[00:07:18] – [First Question] - Management Team

[00:10:05] – Culture, Decentralization, & Compensation

[00:19:04] – Evaluating Nick Howley as CEO

[00:21:57] – Rob’s Service on the Board of Directors

[00:27:47] – Approach to Capital Allocation

[00:31:29] – Returning Capital to Shareholders

[00:33:53] – Operating under Private vs. Public Ownership

[00:36:41] – Sale Decisions for Private vs. Public Equity

[00:40:41] – Stockbridge’s Major Buy/Sell Decisions

[00:48:46] – TransDigm’s Influence on Rob’s Investment Philosophy

[00:53:39] – Examining Stockbridge’s Approach to Selling

[00:58:14] – TransDigm’s Future