Hidden Monopolies

FINALLY ! HIDDEN MONOPOLIES is now AVAILABLE ! Benefit from a reduced price for a limited time and order NOW. (link in the comment below)

The best books don’t age, they stay relevant. This is one of them. Read it !

Recommended reading

Invest in companies that endure, not those that are currently successful because someday they will be challenged.

A book that should be read by every investor

@leevalueroach From my book Hidden Monopolies:

There was a 2007 article titled "Will Myspace ever lose its monopoly". The author stated the following: John Barrett of TechNewsWorld claims that MySpace is well on the way to becoming what economists call a "natural monopoly". Users have invested so much social capital in putting up data about themselves it is not worth their changing sites, especially since every new user that MySpace attracts adds to its value as a network of interacting people. By 2009, Myspace died and Facebook became the next king of social media. Lessons there.

Selecting the best stocks in a sector vs. selecting the best sectors Both matter, but it depends on the sector itself.

@apexlearn_org yes

@HiddenMonopoly Not all?

Every investor should read this book

@apexlearn_org yes exactly - and that covers most of us.

@HiddenMonopoly Anyone whose work is impacted by human decisions should read.

@wealthyfranklin Good question ! I will soon publish an overview of my favorite books on my Substack: HiddenMonopolies.substack.com

@HiddenMonopoly What's your favorite book on the shelf?

My bookshelves: full of investment (related) books. "Go to bed each night a little wiser than when you woke up" - Charlie Munger

Five underrated books that every investor should read.

Try it out - it is very impressive ! Google Finance beta has been rolled out in Europe.

Seven years of writing in one picture

@fridadracula Follow me on: hiddenmonopolies.substack.com and I will soon publish my favorite books

@HiddenMonopoly What other good titles have you gotten

In addition to being an investor, I also like to collect investment books. This one is special. First Edition Memo to Oaktree clients (2005-2015) Two Volume Set from Howard Marks

A fascinating book ! Re-reading this book after having read it 30 years ago.

This book fundamentally changes how you read annual reports.

@long_equity exactly

@HiddenMonopoly Great way to visualise this, there are a lot of hidden dynamics, second and third order effects, to investing.

Every investor should understand this. Often we overlook our ability to forecast a specific share price driver. Focus on the drivers that we are able to forecast and have a strong impact on a share price.