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nothing 🎶🦌🤍
nothing 🎶🦌🤍
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Friday 24 January 2025 11:51:22 GMT
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A true story about thinking long term with investing… #personalfinance #businesstok #corporate #suits #billions #harveyspecter #financialliteracy Brad Jacobs, the driving force behind XPO Logistics, built the company into a logistics powerhouse by acquiring and integrating dozens of businesses. But in December 2018, the stock took a massive 26% hit in a single day, fueled by speculation about the company’s accounting practices and leverage. While many investors bailed, Jacobs didn’t flinch. He doubled down, launching a major stock buyback program and staying laser-focused on XPO’s strengths and bought back nearly $2 billion of his own stock to share how confident he was - and in his words, it was “just going to make money”. Fast forward a few years, and the company not only rebounded but delivered huge returns for those who held on. It’s a classic lesson in ignoring market noise—speculation and short-term panic—and focusing on the fundamentals of a great business.
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