“I Think Residential Construction Is Not Going To Be Replaced By A Hologram.“ – Billionaire Makes A Large Investment In The Housing Market

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[nickcarraway]

Billionaire entrepreneur Brad Jacobs, renowned for founding seven successful companies, including the Fortune 500-listed United Rentals, has set his sights on disrupting a new sector: the building-products distribution industry.

In a recent interview with ResiClub, Jacobs revealed his plans to establish a significant presence in the sector through his latest venture, QXO, a building-products distribution company.

A Proven Playbook: Growth Through Acquisitions

Known for his executive role as chairman of XPO, a truckload carrier also listed on the Fortune 500, Jacobs outlined his strategy for QXO – growth through acquisitions. With a history of leading teams through 500 acquisitions, Jacobs emphasizes the advantages of size and economies of scale.

His playbook involves building a large building-products distributor that benefits from increased purchasing power, ultimately leading to improved margin

[Organic Panic]

Everyone should invest in cheap living quarters. Biden has invited every turd worlder on earth to the country and the democrats will give them free housing.

[SaxxonWoods]

I like the concept, good ideas for the midstream play, which can be a choke point. Still wondering who is going to assemble it all.

[glaseatr]

I've worked for 2 companies in the last 30 years. Both MAKE the products that are used to build houses. In fact 90% of the stuff you can buy in either Home Depo or Lowes, comes from 1 of those 2 companies.

He's got a huge fight on his hands. 1 is publicly traded and will fight him tooth and nail. The other is still a privately held family business, that's a $2T, 100% debt free company.