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05-03-2022, 05:37 PM
Hi Weijin,
The point I'm trying to make is, size alone doesn't create stickiness. Qualitative aspects, such as true global network effect, value-add, fly-wheel effect etc. creates stickiness; not the other way round.
The point I'm trying to make is, size alone doesn't create stickiness. Qualitative aspects, such as true global network effect, value-add, fly-wheel effect etc. creates stickiness; not the other way round.
“If you buy a business just because it’s undervalued, then you have to worry about selling it when it reaches its intrinsic value. That’s hard. But if you can buy a few great companies, then you can sit on your ass. That’s a good thing.” - Charlie Munger