Insider Stocks · For members
An entry from my investing journal, for members.
I’m a fan of platform businesses primarily because it often leads to a monopolistic or oligopolistic market position. The largest player, with the most merchants and traffic, offers the most valuable network. Consumers prefer platforms with a wide range of choices, and merchants naturally gravitate toward where the traffic is heaviest. This creates a self-reinforcing […]
Insider Stocks
The rest of this entry is for members
Before I buy a business, and before I sell one, I write up what I see: what it earns, what it’s worth, what could break it. Members read every entry, back to 2021. At least two new entries a month, more during earnings season.
Already a member? Log in to read the rest.