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Nick Sleep

T2InvestorsQuality and growth compounders

Ran the London-based Nomad Investment Partnership with Qais Zakaria from 2001 to 2014; his letters, on 'scale economics shared' at Costco and Amazon, appeared as Nomad Letters from Stripe Press.

Nomad Investment PartnershipSleep, Zakaria and Company

He wrote no book, but the Nomad partner letters are a primary text on scale economies shared and long-horizon concentrated ownership, and the 2001-2013 record behind them is documented in the letters themselves.

3 letters · 1 article · 8 books they recommend

Recommends 8Letters 3Writing 1
More 1
Richer, Wiser, HappierRicher, Wiser, Happier
T2 Richer, Wiser, Happier
William Green · 2021
Open LibraryGoodreads

Lessons from 25 years of interviews with investors from Templeton to Munger.

“William has written the kind of book that we would love to have written but know that we lack the requisite skills.” — Nick Sleep

Source: Nick Sleep and Qais Zakaria, Postamble to the full collection of the Nomad Letters to Partners, p. 219

Where Are the Customers' Yachts?Where Are the Customers' Yachts?
T1 Where Are the Customers' Yachts?
Fred Schwed · 1940
Open LibraryGoodreads

Why Wall Street grows rich on fees while its clients' results stay ordinary.

“recommended reading for those with a healthy disdain for Wall Street and its practices as well as an interest in post-boom psychology” — Nick Sleep

Source: Nomad Investment Partnership, Interim Report for the period ended June 30th, 2002, p. 10

Also recommended by: Mohnish Pabrai, Warren Buffett, Jason Zweig and 3 others

InfluenceInfluence
T1 Influence
Robert B. Cialdini · 1984
Open LibraryGoodreads

Six principles of compliance, from reciprocity to scarcity, and how sellers use them.

“one of my favourite cartoons which was carried in the book "Influence: The Psychology of Persuasion" by Bob Cialdini” — Nick Sleep

Source: Nick Sleep, speech to the board of The Investment Fund for Foundations, 26 September 2005, reproduced with the Nomad Annual Letter, pp. 82-83

Also recommended by: Andrew Wilkinson, Charlie Munger and 28 others

The Paradox of ChoiceThe Paradox of Choice
T2 The Paradox of Choice
Barry Schwartz · 2004
Open LibraryGoodreads

Beyond a point, more options make people less likely to choose and less satisfied.

“It is almost ten years since Barry Schwartz published his popular psychology book "The Paradox of Choice".” — Nick Sleep

Source: Nomad Investment Partnership, Annual Letter for the period ended December 31st, 2013, p. 216

Also recommended by: Nat Eliason, Nassim Nicholas Taleb

TitanTitan
T1 Titan
Ron Chernow · 1998
Open LibraryGoodreads

How Rockefeller built Standard Oil, faced its breakup and gave his fortune away.

“In John Rockefeller's biography, "Titan", Ron Chernow describes how Rockefeller equated silence with strength.” — Nick Sleep

Source: Nomad Investment Partnership, Annual Letter for the period ended December 31st, 2007, p. 130

Also recommended by: Andrew Wilkinson, Charlie Munger and 11 others

Zen and the Art of Motorcycle MaintenanceZen and the Art of Motorcycle Maintenance
T2 Zen and the Art of Motorcycle Maintenance
Robert M. Pirsig · 1974
Open LibraryGoodreads

A father and son's motorcycle trip framing an inquiry into what Quality means.

“reading "Zen and the Art of Motorcycle Maintenance" by Robert Pirsig at the time... the two just combined to change how I viewed the world” — Nick Sleep

Source: Nick Sleep, speech to the board of The Investment Fund for Foundations, 26 September 2005, reproduced with the Nomad Annual Letter, p. 82

Also recommended by: Brad Feld, Mohnish Pabrai, Austen Allred and 7 others

On the Origin of SpeciesOn the Origin of Species
T1 On the Origin of Species
Charles Darwin · 1859
Open LibraryGoodreads

Species change over time as natural selection favours heritable variations.

“may have done more than any, with the exception of the Bible, to shape man's self-perception” — Nick Sleep

Source: Nomad Investment Partnership, Interim Letter for the period ended June 30th, 2009, p. 158

Also recommended by: Jim Collins, Mohnish Pabrai, Naval Ravikant and 4 others

Outside Lies MagicOutside Lies Magic
T4 Outside Lies Magic
John R. Stilgoe · 1998
Open LibraryGoodreads

Reading the built landscape; observation trained as a research habit

“Professor John Stilgoe at Harvard is trying to teach it and wrote an interesting book recently entitled "Outside Lies Magic” — Nick Sleep

Source: Nomad Investment Partnership, Annual Letter for the period ended December 31st, 2005, p. 76

Tags

nomad-investment-partnershipsleep-zakaria-and-companymarathon-asset-managementigy-foundationqais-zakariaequitiesvalue-investingscale-economies-sharedlong-term-thinkingconcentrated-portfoliosbusiness-quality