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Interview. Author of "On the Hunt for Great Companies" talks Amazon, Airlines, and Advantaged Businesses

The Synopsis

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Dolby Labs and Investment Insights

This chapter focuses on Dolby Labs' advancements in audio technology, specifically the Dolby Atmos format, and discusses its business model and challenges in pricing power. The conversation extends to investment strategies, emphasizing network effects over mere product superiority and how established companies maintain their competitive edge. Through the metaphor of the 'pedin,' it explores the dual nature of business characteristics that can both help and hinder a company's growth.

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