{"podcast":{"title":"Preferred Shares Podcast","slug":"preferred-shares-podcast-6594967","podcast_index_feed_id":6594967,"rss_url":"https://api.substack.com/feed/podcast/1908337.rss","website_url":"https://www.preferredsharespodcast.com/podcast","image_url":"https://substackcdn.com/feed/podcast/1908337/e73d940b2a7f9e66dbfaaa377d07d0a4.jpg","author":"Preferred Shares Podcast","episode_count":35,"summary":"Business, history, and business history.","last_synced_at":"2026-06-12T22:18:20.663831+00:00","page_url":"https://stenobird.com/podcast/preferred-shares-podcast-6594967"},"episode":{"title":"Nestlé: The Building of a Global Behemoth","slug":"nestl-the-building-of-a-global-behemoth","published_at":"2026-02-17T13:40:38+00:00","page_url":"https://stenobird.com/podcast/preferred-shares-podcast-6594967/nestl-the-building-of-a-global-behemoth","show_page_url":"https://stenobird.com/podcast/preferred-shares-podcast-6594967","url":"https://www.preferredsharespodcast.com/p/nestle-the-building-of-a-global-behemoth","audio_url":"https://api.substack.com/feed/podcast/187163077/24b4389e7e34c398c33d6fd31b51fae5.mp3","summary":"Welcome to Episode 30 of the Preferred Shares Podcast. In this episode, we discussed the history and founding of Nestlé. * Origins of the company in 1867 * The strategic 1905 merger with Anglo-Swiss Condensed Milk Company * Nestlé’s exceptional resilience and growing scale * Nestlé’s global dominance in the coffee market * The success of its Maggi brand * The organic and inorganic growth behind its Health Science and Medical Nutrition segment Additional Reading & Listening Curious to see what else we’ve been working on? Check out some of the interesting things we’ve done recently: * Douglas Ott ( Andvari Associates and @yesandnotyes ) * 📖 An AI Skeptic’s Primer * 📖 Tyler Technologies Investment Report * Lawrence Hamtil ( Fortune Financial and @lhamtil ) * 📖 The Traits of an Ideal Industry * Devin LaSarre ( Invariant and @DevinLaSarre ) * 📖 Edgar M. Cullman’s Brilliance * 📖 Edgar M. Cullman’s Brilliance, Part Two Enjoy this episode? Share it with someone who loves business history as much as you do! You can also follow Preferred Shares , Devin , Doug , and Lawrence on X. Disclaimer All opinions expressed by Preferred Shares Hosts and guests are solely their own opinions and do not reflect the opinions of their current or former employers. This podcast is for informational and entertainment purposes only and should not be relied upon as a basis for investment decisions. None of the information contained in the podcast or this web site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. Clients of Andvari Associates and Fortune Financial may maintain positions in the securities discussed in this podcast. As of the date of this podcast, Andvari and Fortune Financial cli…","meta_description":"Welcome to Episode 30 of the Preferred Shares Podcast. In this episode, we discussed the history and founding of Nestlé. * Origins of the company in 1867…","key_points":[],"chapters":[],"topics":[],"duration_seconds":3263,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/preferred-shares-podcast-6594967/episodes/nestl-the-building-of-a-global-behemoth/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/preferred-shares-podcast-6594967/nestl-the-building-of-a-global-behemoth.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}