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Cooks, Banks and others
Switching costs can be an exit barrier. Some companies, like your favorite cooks, make it ‘expensive’ to switch.
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An evolutionary handicap, Bengaluru’s traffic woes and a Product’s sales
Sometimes the changes can build up slowly without anyone realizing, much like the frog that doesn’t realize that the water is getting hotter gradually.
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Fantastic compounding machines and where to find them
Compound Interest is a wonderful thing. The stock market is a wonderful place to find such compounding machines.
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Benjamin Graham, Charlie Munger and the Superstore
A superstore analogy of how Charlie Munger and Ben Graham approach investing.
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