My First Million cover image

The Man Who Owns 1% Of ALL Bitcoin

My First Million

NOTE

Bringing Fresh Ideas to Old Industries

The key insight is about bringing fresh ideas to old industries by finding untapped value. It highlights the example of Philip Antuids, who bought businesses like railroads for the underlying oil and local sports teams to acquire stadiums for free. The case of Regal Cinema demonstrates how he recognized the opportunity in the captive audience before movie screenings, despite the prevailing belief that movie theaters were a failing business.

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