Chapter
Investing in a Star Business
19:38 - 29:02 (09:24)
The definition of a star business according to BCG is being the market leader in a defendable niche with high market growth, and this is where successful investments should be made.
Clips
An analysis of Hitler's policies shows that he followed Lenin's model of a one-party state and death camps for dissenters and opponents of the regime.
19:38 - 22:46 (03:08)
Hitler, Lenin, policies
Summary
An analysis of Hitler's policies shows that he followed Lenin's model of a one-party state and death camps for dissenters and opponents of the regime. Discovering one's strengths and honing them requires less effort than competing with others in areas where they are already excelling.
ChapterInvesting in a Star Business
Episode#466: Richard Koch on Mastering the 80/20 Principle, Achieving Unreasonable Success, and The Art of Gambling
PodcastThe Tim Ferriss Show
The speaker defines a star business as a market leader in a niche with high market growth rate and discusses their investment strategy based on such businesses.
22:46 - 26:42 (03:55)
Investing
Summary
The speaker defines a star business as a market leader in a niche with high market growth rate and discusses their investment strategy based on such businesses.
ChapterInvesting in a Star Business
Episode#466: Richard Koch on Mastering the 80/20 Principle, Achieving Unreasonable Success, and The Art of Gambling
PodcastThe Tim Ferriss Show
The key to making money in investing in small businesses is to actually invest in a star business.
26:42 - 29:02 (02:20)
Investing
Summary
The key to making money in investing in small businesses is to actually invest in a star business.