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(From ABIX - Australasian Business Intelligence - Shares)
Byline: Allan Trench
There is something to be said for applying Marxist principles to investment strategies - not Karl's, but Groucho's. As Groucho said, he would not be a member of any club that would accept him, and this wisdom applies to investing as well. Typically the greatest profits hide behind the largest barriers to entry in an industry. Economies of ...