“The key to investing is not assessing how much an industry is going to affect society, or how much it will grow, but rather determining the competitive advantage of any given company and, above all, the durability of that advantage. The products or services that have wide, sustainable moats around them are the ones that [...]
Like many words these days, “indie” has become a buzzword. But to me, “indie” carries a lot of meaning. To me, pure “indie” culture is socially easy-going and friendly. But don’t mistake that for laziness, because indies are passionate people at heart. They get really excited by something — the unrestricted exploration process, discovery, and [...]
1. Inside The Secret World Of Trader Joe’s (money.cnn.com) “Apple’s retail stores aren’t the only place where lines form these days. It’s 7:30 on a July morning, and already a crowd has gathered for the opening of Trader Joe’s newest outpost, in Manhattan’s Chelsea neighborhood. The waiting shoppers chat about their favorite Trader Joe’s foods, [...]