What constitutes a monopoly? Are we looking for just an insanely dominant market share or really something where it's the only company that dominates in a field? To be deemed a monopoly, there's rules of thumb. It's generally a company should have at least 50% of sales for its product or service within a geographic area.
Investing doesn’t have to be complicated. Buy a business with a wide moat and hold it for a really long time. Mary Long talks with Ron Gross about: - How to tell if a business is a monopoly - Laser-focused companies that have fended off competition - Monopolies in railroads, trash, and surgical robots
Companies discussed: MSFT, WDFC, META, GOOG, GOOGL, DUK, UNP, WM
Host: Mary Long Guest: Ron Gross Producer: Ricky Mulvey Engineer: Dan Boyd
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