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EP 339. Competition Demystified: Customer Behavior, Reading a 10K, Retention Rates, Industry Structure, Etc.

Focused Compounding

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The Most Useful Information Is When a Company Lists Their Largest Customers

If a company says, like, a limited number of competitors, they have relatively high beares to entry. This is a good way to see if the industry is consolidated. Sometimes it's like te you don't need to read between the lines. It's usually true for factors that they say that these are the reasons why this happened. High am a low value to weight, high weight to value things that happens with a lot of great details in there.

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