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The ASX's best business models, most over-rated investing books and partnering with the ASA ft. Leigh Gant

Australian Investors Podcast

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I Love the Funds Management Model

I love all those examples. I particularly like the Berkshire one because what I call anti-fragile, it's just a business that's very hard to break. It's almost impossible to break. If you go back 100 years, rail businesses were everything,. kind of like how Facebook, or maybe to a lesser extent, Facebook, but like Microsoft and Google and Apple and Amazon. The funds management model is definitely the most lucrative that I've ever seen. With the pinnacle model where you just own stakes of really good fund managers, you have a portfolio of fund managers. You can take your time to grow and support some funds on their way up and capture as much of that economic value

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