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2min chapter
TIP606: Multi-Bagger First Principles w/ Ian Cassel
We Study Billionaires - The Investor’s Podcast Network
Differentiating Monopoly and One of One Businesses
This chapter explores the distinction between a monopoly and a one of one business, highlighting that the latter is unique not in its market exclusivity but in its distinctive approach. The speakers provide an example of Facebook going public as the only public social media company, attracting institutions, and stress the significance of identifying exceptional, scarce businesses in a growing trend.
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