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Investors' Chronicle

A business on the right side of history: Lee and the IC

In this episode, Alex and Lord Lee are joined by the chief executive of a company that some have aptly called ‘a John Lee stock’. Louis Hall, founder and CEO of the software solutions company Cerillion has plenty of skin in the game, a quality Lord Lee holds in high accord and has led him to successful investments.


Listen to the episode to hear the trio discuss the business’s backstory, the benefit of investing in research and development, understanding a complex company as a private investor and much more.


Lee and the IC will return later in the summer.


Timestamps 

1:13 Introduction to Cerillion 

6:37 Resource centres 

9:51 Experience of public markets 

13:27 How John got involved 

17:57 Forecasts for the business 

20:19 John’s approach to understanding the business

22:07 Investing in R&D

26:21 Having cash on the balance sheet 

29:12 The importance of naming customers 

30:32 Where Louis rates his business on 1-10

31:58 Concentration of the customer base

35:07 Louis’s future with the company

37:36 John’s portfolio 

40:13 John’s take on the current UK stock market


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