What do you think about Will Thorndike’s shift in focus to long-term holds?

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November 14, 2025

by an investor from Wesleyan University in Dedham, MA, USA

Recently, I taught an undergrad class entitled "Intro to Business, Finance & Life," where I had several guest speakers, notably one of my best friends and the search fund legend Will Thorndike, who talked about his life, career, founding of Housatonic Partners, and the power of long-term compounding in investments and in life. IMO, Thorndike's message is very timely in a world where our attention spans and investment horizons have shrunk, and both in life and in investments, compounding over long periods is key. We also talked about when we first met, and he was working out of a closet. He had just made the first investment in Road Rescue (which would go on to become Assurion, the greatest search investment of all time), and I told him, "That is the stupidest idea I have ever heard of." Here is the link to my conversation with Will: https://youtu.be/y7BfshvkKbM?si=uXvMtsiE2JlwZ9WU Here is the link to all the guest lectures from my class: redacted@FiresideChatsWithTom
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from Massachusetts Institute of Technology in Portland, OR, USA
^redacted might be able to share their insights on Long Term Holds. Thanks in advance for helping to get his discussion going.
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