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Hometown Holdco: Geography as Moat

Acquiring Minds

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Demographic Shifts and Business Dynamics in Affluent Towns

This chapter delves into the evolving demographics of affluent towns like Aspen post-COVID-19, where year-round billionaire residents are reshaping local economies and communities. It discusses the complexities of business acquisition in such markets, emphasizing criteria for evaluating potential opportunities while navigating local challenges. The conversation also highlights the importance of local ownership and sustainable business practices in fostering growth and community resilience amid the pressures of gentrification.

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