Brad Jacobs' 2015 acquisition of Conway, pivoting from asset-light truck brokerage to capital-intensive LTL (less-than-truckload), appeared to contradict his strategy but made sense in context of his demonstrated track record as a capital allocator and opportunist with a DNA of finding attractive situations that weren't in the original plan.
causalpending
Speaker
Unidentified Speaker — Adam Karr: Know Yourself, Pick Your Game, Build Your Bluepr… [mQ-Z4_r3IzQ]Evidence Quote
“the first one 2015 you made a big acquisition was a big pivot probably one of the best Capital allocation decisions I've seen in my investment career brought a company called Conway”
Source
Adam Karr: Know Yourself, Pick Your Game, Build Your Blueprint (Lessons from a Janitor & Investing)— The Knowledge Project PodcastCreated: 8/11/2026, 7:52:47 AM
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