
Ep. 25 – Guy Spier on the India Opportunity, Long Term Investing, and the Power of Checklists
The One Percent Show with Vishal Khandelwal
Investing in Businesses That Are Like Bacteria
CNN's John Sutter says he used to look for businesses that had high margins, high returns as a sign of a quote good business. He is now looking for something different and his father was just hospitalized for a while because he had a joint infection. So the bacteria are very hard to get out of the body once they're there. They spread. I'm not a doctor but I learned more about medicine I ever wanted to learn. The most profitable businesses often present a target for competition. There are companies like show in Williams that does paints that doesn't look as if it's particularly profitable but it's quietly growing perhaps even like a bacteria.
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