Ep 365. Finding Moats: Market Power, Customer Behavior, Substitution, Distribution, and Margin Protection
Focused Compounding
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Can Capsides Develop Motes?
There's no mote in retail insurance banking, but there can be motes that can develop overtime. There are businesses where the operations and whose running them and the strategies they use are much more important than anything else. The biggest advantages of starting up a single location or working with customers is actually working with all parts of the business.
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