7min chapter

Build It. They'll Come. cover image

Long & Short fund manager John Hempton knows HOW to admit when he’s wrong. The maverick investor prides himself on being unconventional.

Build It. They'll Come.

CHAPTER

The Power of Winner-Takes-All Markets

This chapter delves into the dominance of 'winner-takes-all' businesses, particularly in the tech sector, and their impact on wealth inequality and political influence. It examines investment strategies focused on major players like Amazon and Visa, while critiquing the economic consequences for smaller businesses and local economies.

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