The Investor's Podcast (We Study Billionaires) - The Investor’s Podcast Network

TIP230: Billionaire Larry Ellison Lessons (Business Podcast)

Feb 17, 2019
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INSIGHT

Use Criticism To Find Truth Not Conformity

  • Larry Ellison treats criticism as an opportunity to find truth by asking if his actions are fair, moral, and effective.
  • He welcomes logical correction and will change if convinced by good reasons, valuing truth over fashion.
ANECDOTE

Ellison Hiked With Jobs To Save Apple

  • Larry Ellison hiked with Steve Jobs to discuss buying Apple and making Jobs CEO to save the company.
  • Ellison had arranged financing to buy Apple, but Jobs insisted on moral purpose and a different plan to rejoin via NeXT acquisition.
INSIGHT

Childhood Authority Shaped Ellison's Questioning Mind

  • Ellison links his lifelong tendency to question authority to childhood experiences with authoritarian figures at home and school.
  • He credits that distrust of experts for driving innovation and refusing to accept conventional answers.
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