"It was a  sandpaper distribution business. We didn't make the sandpaper, we just cut it and distributed it." (Ron Gross)

“Don’t just fall in love with the balance sheet. You have to love the business as well.”

With more than 30 years of experience as a professional investor, Ron Gross has seen it all. Through bull markets and notable downturns (like the Dot-com Bubble of the early 2000s), he has learned a few of his lessons the hard way too. In a wide-ranging conversation Ron shares:
- The best & worst parts of running a hedge fund
- A creative way his father celebrated his annual bonus
- His experience with buying golf clubs at Costco
- Why “beer money” is important
Opening clip - "Volunteers"
 
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