This podcast episode explores the concept of spin-offs, where a parent company divests part of its business to create a new independent company. Spin-offs can be valuable investment opportunities, offering benefits such as improved focus on core business, enhanced tax efficiency, and strategic realignment. However, they also come with risks, as demonstrated by the mixed performance of spin-offs. Companies need to carefully evaluate spin-off entities and their assets before investing. The episode highlights examples of successful spin-offs, such as GE Healthcare, while also mentioning companies like Boeing that may benefit from splitting up. Additionally, the episode briefly mentions the upcoming total eclipse and promotes NPR's podcasts and app.