If increasing returns compound to a firm capturing the market, that firm and its investors will enjoy great success. But success entails failure for rivals. If the winner takes all, losers take nothing.
Search Results for: red river resources
Death by Government
It’s another grand experiment…a ‘teachable moment’ in human history. But are humans really teachable? Aren’t the TV shows of 2022 full of the same wickedness and errors committed 2,000 years ago?
Are Investors Assessing Businesses Correctly?
If a company has a long history of high ROE, we can certainly infer some kind of sustained business advantage allowing the company to generate consistently high returns. But, on this alone, can we conclude that the business will continue to generate high ROE?
California’s plan to drag the US into the EV future
For most Aussie drivers, the concept of an electric car still seems like a futuristic pipedream. I certainly know I’m surprised when I see a Tesla parked around my neighbourhood. But the fact of the matter is that I am seeing it much more often. Despite the preconceptions and perceived lack of infrastructure, electric vehicle […]
California’s Plan to Drag the US into the EV Future
In just over 12 years, the most populous US state will only sell new cars if they don’t run on petrol. This means the transition towards this goal is likely already underway.
Aurizon [ASX:AZJ] Falls on 2022 Full-Year Results
Aurizon Holdings [ASX:AZJ] fell on Monday after releasing its FY22 results. The Australian freight rail transport company, the largest transporter of coal since 2015, is down 4% over the past 12 months. Source: www.tradingview.com Aurizon’s 2022 financials This morning, Aurizon provided its financial performance results for the full year of 2022 ending 30 June. These […]