How Brad Jacobs Will Invest $4.5 Billion to Reshape Building Supplies | Odd Lots

Brad Jacobs has made a career of starting, consolidating, and growing whole industries. He did a trucking company. He did a warehouse company. He has a freight brokerage. He created an equipment rental company. His new venture, dubbed QXO, aims to reshape the big and sprawling market for building supplies, which can encompass residential, infrastructure and commercial real estate. And he has $4.5 billion of his and his investors' money to go out and buy and build. In this special episode of the Odd Lots podcast, recorded live at the Bloomberg Invest conference in New York City, he talks about where he is in the process, and what he plans to do once he's made his acquisitions.
Bloomberg's Joe Weisenthal and Tracy Alloway analyze the weird patterns, the complex issues and the newest market crazes. Join the conversation every Monday and Thursday for interviews with the most interesting minds in finance, economics and markets.
Subscribe to Bloomberg Podcasts: bit.ly/BloombergPodcasts
Check out more Odd Lots: • Odd Lots
Get the Odd Lots newsletter via www.bloomberg.com/account/new...
And for all things Odd Lots, visit www.bloomberg.com/oddlots
Visit our other CZcams channels:
Bloomberg Television: / @markets
Bloomberg Originals: / bloomberg
Quicktake: / @bloombergquicktake
#Business #Bloomberg #Podcast #OddLots
Visit us: www.bloomberg.com/podcasts
Follow Bloomberg Podcasts on Twitter: / podcasts
For coverage on news, markets and more: www.bloomberg.com/video

[@shushanwen3041]

Love to see Old Lots on video😍

[@macktheknife2037]

Wow! First time seeing you guys, always listened to the podcast... Not sure why I imagined Joe Weisenthal much older 😂

[@davidbangsdemocracy5455]

Is this just about “rolling up” competitors into monopolies and raising prices?

[@Anthony-dj4nd]

L