Bet on dominant player, don’t predict. Just as predicting long-term winners in the software industry is extremely difficult, predicting whether established companies will remain long-term winners is equally challenging. If you’re investing in startups and early-stage investments, the odds of accurate predictions are predictably low.
Category: Moats and competitive advantages
Why is Costco’s valuation so staggering?
Don’t use ordinary retail or general industries to explain its valuation. Costco’s valuation phenomenon in the retail industry should be comparable only to Amazon.
The world’s most well-known oligopoly companies
a monopoly is basically certain to make money because there is only one company that controls the entire market, but an oligopoly is not necessarily certain to make money because there are multiple companies sharing the market.
TransMedics, an expert in organ transplant care systems
TransMedics has a near-monopoly in a largely untapped market and is making strides to fully capture this opportunity.
Why China monopolize rare earths supply? Top rare earths companies
International Energy Agency shows that China accounts for 61% of global rare earth mineral production, but controls 92% of global production at the processing stage. According to a 2025 report by the United States Geological Survey, the United States will rely on China for 70% of its rare earth compound and metal imports between 2020 and 2023.
165 billions investment proved TSMC moat and competitiveness is fragile
Anyone who believes TSMC moat or competitiveness is a day dreamer. Once US takes action, investors will know whether TSMC has a wide enough corporate moat or competitiveness.
Identify good companies with corporate culture, how to do in overheated market?
If the company you are tracking “seems” to be similar to a well-known listed company’s corporate culture that can bring huge benefits to investors, you should at least give it an extra point in your mind.
ERP oligopoly SAP succeeds in AI and cloud transformation, How SAP makes money?
SAP’ is extremely important to the back-end operations of an enterprise. Without it, the daily operations of the enterprise will come to a halt.
TSMC is becoming the lord of semiconductor packaging, in addition to foundry
TSMC’s semiconductor packaging-related financial revenue indicators at the third quarter of 2024 are as follows: In the second quarter of 2024, packaging business-related revenue reached US$2.4 billion. In the third quarter of 2024, revenue related to the packaging business reached US$3.2 billion, a quarterly increase of 36%. CoWoS packaging production capacity will double in 2024.
TSMC Morris Chang’s controversial words and deeds
Taiwan government invested only NT$5.5 billion in TSMC, accounting for about 48% of the shares. This is why TSMC founder Morris Chang later said that the government only invested a small amount of money. Morris Chang’s remarks are typical of taking advantage of others.