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Money Maze Podcast

128: Money Maze Vignettes: From Baseball Icon to Warren Buffet 2.0? (With Alex Rodriguez, CEO of A-Rod Corp & Former Baseball Pro)

Money Maze Podcast

Money Maze Podcast

Business, Investing, Management, News, Business News

4.8216 Ratings

🗓️ 23 February 2024

⏱️ 7 minutes

🧾️ Download transcript

Summary

In this bitesize feature, A-Rod Corp’s CEO, Alex Rodriguez, discusses principal capital, creating opportunities for partners, and A-Rod’s geographical scope.

In the full interview, Alex speaks about how he came to dominate his sport, developing a substantial portfolio of investments and businesses through his investment firm, invaluable advice given to him by Warren Buffet. Listen or watch here

Money Maze Moments are short extracts taken from some of our most popular episodes, which we found interesting or struck a chord with our listener community. 

The Money Maze Podcast is kindly sponsored by Schroders Bremont Watches, and IFM Investors

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to Money Maze vignettes, where we share some of the most interesting extracts from our episodes.

0:07.9

These bite-sized minisodes, each less than 10 minutes long, complement our long-form features.

0:13.7

If you enjoy the following Money Maze vignette, please do share it on your social media or give us a positive review on your preferred podcast app.

0:21.3

And to stay up to date, you're welcome to sign up to our newsletter, which is available via

0:25.6

money mazepodcast.com. Thank you. So we all know the power of real estate and some people

0:32.1

never leave a successful silo when they have established their sort of footprint in there, but you start to go

0:39.2

wider. So let's just talk about what happens next, both in terms of the motivation and the

0:44.8

execution. Well, what we started understanding was that, you know, if you have a competitive

0:52.7

advantage and you have a great team and you have a vision, that opportunities

0:57.5

will come your way.

0:59.4

And it came to a form where we got a bit wide and shallow.

1:04.0

And over the last three years, we've kind of reeled it back in.

1:06.6

And A-Rod Corp essentially is a holding company, miniature Berkshire Hathaway, obviously much, much smaller and private, not public.

1:16.0

And it has a collection of companies in there that we own stakes in.

1:20.8

We do two things.

1:21.8

We do real estate and we do venture private equity investing.

1:26.1

And within the real estate, there's an entire ecosystem and fully integrated from construction

1:32.7

company to over 9,000 single family homes, to about 8,500 multi-family apartments, to hotels.

1:42.3

And on the venture side, we own parts of 30 companies. We've taken a handful of them

1:48.9

public. And essentially, that's what we do. And I think in moments like we have today, which the

1:55.9

capital markets have dried up some, interest rates have gone up, things are very fluid. It's always, and the

2:02.7

voice for me to our team is let's really focus on the two things we do best. That's sports,

...

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