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#25: Jonathan Tepper On The Single Most Important Question Investors Should Be Asking Right Now

Superinvestors and the Art of Worldly Wisdom

CHAPTER

The Myth of the Free Market Economy

The myth is that we actually live in a free market economy where there's a balance between you know corporate power versus worker power and that's just not the case today. I look at dozens of industries where the number of players have gone down where the levels of concentration has gone up so to describe the current markets as being competitive and capitalist in that sense is a myth, he says. He also discusses why Americans pay a lot more than Europeans do when it comes for cell phones to cable and then the American healthcare system.

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