![]() ![]() In easy terms, aim for monopoly, competition is for losers. ![]() In Zero to One, Peter Thiel discusses just how tiny arising companies/and investors need to take the contrary technique. ![]() This has always annoyed me since in lots of ways the worst point an undercapitalized public microcap can do is attempt to strike a massive highly open market. Much frequently I see a microcap business’s financier presentation start off with some massive addressable market ($20 billion, $100 billion, etc) and what complies with is “If we simply record 2%…”. This publication aided form and also much better specify my investment approach. I had among these minutes lately when I review Absolutely no to One by Peter Thiel. Have you ever before checked out a write-up or book that specified something that you’ve abstractly thought for many years? When you review it you discharge an affirmative mental “aha!”. ![]()
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