# Nick Kokonas - Know What You Are Selling - [Invest Like The Best, REPLAY] Page: https://stenobird.com/podcast/invest-like-the-best/nick-kokonas-know-what-you-are-selling-invest-like-the-best-replay Text version: https://stenobird.com/podcast/invest-like-the-best/nick-kokonas-know-what-you-are-selling-invest-like-the-best-replay.md Podcast: [Invest Like the Best with Patrick O'Shaughnessy](https://stenobird.com/podcast/invest-like-the-best) Published: 2025-12-30T09:00:00+00:00 Episode link: https://joincolossus.com/episode/kokonas-know-what-you-are-selling/ Audio file: https://traffic.megaphone.fm/CLS6172837310.mp3?updated=1767945418 Processing state: failed JSON: https://stenobird.com/v1/public/podcasts/invest-like-the-best/episodes/nick-kokonas-know-what-you-are-selling-invest-like-the-best-replay Duration seconds: 4667 ## Resource Today, I am replaying my conversation with Nick Kokonas, one of my favorites from the show. Nick is the co-founder of 3 of the best restaurants and bars in America - Alinea, Next, and The Aviary as well as the co-founder and CEO of Tock, a comprehensive booking system for restaurants. He majored in philosophy before becoming a derivatives trader and is now one of the most well-known names in the hospitality industry. In this conversation, Nick shares his experience of bringing a business mindset to the restaurant industry. I'll remember it for why it's so important for a business to really know what it's selling and then actually sell it. Nick also pulls back the curtain on why restaurants and even book publishers can be great businesses if you do them the right way. I felt like this conversation could have gone on for hours and I hope you enjoy it. For the full show notes, transcript, and links to mentioned content, check out the episode page ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠here. ----- This episode is brought to you by⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Ramp⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Ramp’s mission is to help companies manage their spend in a way that reduces expenses and frees up time for teams to work on more valuable projects. Go to⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ramp.com/invest to sign up for free and get a $250 welcome bonus. ----- This episode is brought to you by⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Ridgeline⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Ridgeline has built a complete, real-time, modern operating system for investment managers. It handles trading, portfolio management, compliance, customer reporting, and much more through an all-in-one real-time cloud platform. Head to ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ridgelineapps.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ to learn more about the platform. ----- This episode is brought to you by ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠AlphaSense⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. AlphaSense has co… ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/invest-like-the-best/episodes/nick-kokonas-know-what-you-are-selling-invest-like-the-best-replay/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/invest-like-the-best/nick-kokonas-know-what-you-are-selling-invest-like-the-best-replay.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.