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Podcast: Read & Repeat
Episode: EP28 Cable Cowboy by Mark Robichaux
Description: Mark Robichaux’s phenomenal book “Cable Cowboy: John Malone and the Rise of the Modern Cable Business” dives into the fascinating evolution and history of the cable industry through the lens of its robber baron pioneer, John Malone. Much like John D. Rockefeller, Malone exerted control over his industry peers by buying cable operators and investing in the cable programs, giving him power over the pipes and water flowing through it. Cable Cowboy teaches us many lessons about sheltering cash flows through tax-efficient strategies, applying leverage as you gain scale, and zigging when others zag. Malone continues to be a domi...