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Acquiring Minds

Watching Warren: How to Build a Mini-Berkshire

119 min • 15 april 2024

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Rafael Quinn shares the story & principles behind buying 3 businesses in Panama then raising $28m to buy more in the US.

Topics in Rafael's interview:

  • Selling everything on Craigslist to move to Panama
  • Buying his first business Panama from a billboard ad
  • How to buy a business with an operator
  • How he decided to build a holdco
  • Self-identity as investor vs. entrepreneur
  • 3-year dry spell not buying any businesses
  • Being in "search mode" your whole career
  • Breaking his own rule by buying a restaurant
  • Why he turned his sights to the US
  • How to raise $28m & structure a holdco
  • Why buy a furniture retailer

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