---
title: Ken Langone Co-Founder of Home Depot, on how he founded The Home Depot and the importance of risk taking. He also discusses the importance of not being complacent. - Value Investing Podcast
description: "  The Interview discusses: • The most important determinants of a successful business • His fantastic book I Love Capitalism • The importance of risk taking • How he was able to convince Ross Perot to let him take his company public • How Ken was able to co-found The Home Depot • How he incentives employees […]"
image: https://www.blog.boyarvaluegroup.com/hubfs/Ken%20Langone.png
---

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# Ken Langone, Co-Founder of Home Depot, on how he founded The Home Depot and the importance of risk taking. He also discusses the importance of not being complacent.

[Jul 21, 2026 "I'll Take Manhattan": How John Catsimatidis Built a $4 Billion Empire](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/john-catsimatidis) [Jul 14, 2026 The Boyar Value Group’s 2nd Quarter Letter 2026](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/the-boyar-value-groups-2nd-quarter-letter-2026) [Apr 21, 2026 The Boyar Value Group’s 1st Quarter Letter 2026](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/the-boyar-value-groups-1st-quarter-letter-2026)

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**The Interview discusses:**

• The most important determinants of a successful business  
• His fantastic book **I Love Capitalism**  
• The importance of risk taking  
• How he was able to convince Ross Perot to let him take his company public  
• How Ken was able to co-found The Home Depot  
• How he incentives employees and business partners  
• Why he turned down an investment with Bernie Madoff  
• The importance of not being complacent.

**About Ken Langone**

Ken Langone is a co-founder of Home Depot and the founder and chairman of Invemed Associates LLC. He received a B.A. from Bucknell University and an M.B.A. from New York University’s Stern School of Business. He serves on the Board of Overseers of the Stern School and on the Board of Trustees of New York University, as well as serving as chairman of the Board of Trustees of New York University Medical Center.

 

***Important Disclosures.*** *The information herein is provided by Boyar’s Intrinsic Value Research LLC (“Boyar Research”) and: (a) is for general, informational purposes only; (b) is not tailored to the specific investment needs of any specific person or entity; and (c) should not be construed as investment advice. Boyar Research does not offer investment advisory services and is not an investment adviser registered with the U.S. Securities and Exchange Commission (“SEC”) or any other regulatory body. Any opinions expressed herein represent current opinions of Boyar Research only, and no representation is made with respect to the accuracy, completeness or timeliness of the information herein. Boyar Research assumes no obligation to update or revise such information. In addition, certain information herein has been provided by and/or is based on third party sources, and, although Boyar Research believes this information to be reliable, Boyar Research has not independently verified such information and is not responsible for third-party errors. You should not assume that any investment discussed herein will be profitable or that any investment decisions in the future will be profitable. Investing in securities involves risk, including the possible loss of principal.* ***Important Information:*** *Past performance does not guarantee future results.*  

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**Disclaimer:** This interview does not constitute a complete description of our investment services and is for informational purposes only. It is in no way a solicitation to buy or an offer to sell any securities or investment advisory services. Any statements regarding market or other financial information is obtained from sources which we believe to be reliable, but we do not warrant or guarantee the timeliness or accuracy of this information. Past performance is no guarantee of future results and there is no assurance that any targets or forward-looking statements will be attained. This interview represents the views of Boyar Asset Management as of May 15th ,2018 and may change without notice. Boyar Asset Management may own shares in any of the companies discussed during the interview.

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[Jul 21, 2026 "I'll Take Manhattan": How John Catsimatidis Built a $4 Billion Empire](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/john-catsimatidis) [Jul 14, 2026 The Boyar Value Group’s 2nd Quarter Letter 2026](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/the-boyar-value-groups-2nd-quarter-letter-2026) [Apr 21, 2026 The Boyar Value Group’s 1st Quarter Letter 2026](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/the-boyar-value-groups-1st-quarter-letter-2026)

[Previous Tobias Carlisle, Founder of The Acquirer's Multiple, on how to incorporate deep value investing into your investment process.](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/blog/the-world-according-to-boyar-podcast-episode-6-tobias-carlisle)

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