4min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

RWH027: High-Quality Investing w/ Christopher Begg

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

The Importance of Entropy Reduction in Value Creation

MasterCard and Visa were doing something cheaper, better, faster because you were taking cash and check. The entropy reduction also lends to just kind of our second pillar beyond competitive advantage, which is secular tailwinds. So what are Structural Competitive Advantages? We have four that we look for, five actually, Duapolis.

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