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Cited in hebel. today
- Sun 15 Nov · Money · 6 sourcesScaling moats and the long-term equity yield curveNick Sleep identified that high-quality growth businesses generate superior returns by sharing scale economies, where companies like Costco and GEICO pass savings to customers to widen…
- Thu 5 Nov · Money · 7 sourcesThe high cost of active tradingPerformance drag from activity. Stephen Mandel’s Lone Pine fund exited and re-entered Mastercard six times since 2008, missing out on $5.9 billion in potential gains had…
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