Several possible threats to the Visa and Mastercard credit card networks

Visa and Mastercard Credit Card Network are subject to antitrust investigations by various countries almost every year around the world, but they always escape safely.

How did Japan, Alstom, Toshiba, HTC and Taiwan’s panel industry collapse?

Disgraceful record by US The United States basically does not allow any country in the world to lead it. It only allows US to set fires, but does not allow others to light lamps. The record of the United States in this regard is really poor. Here are a few well-known cases to awaken everyone’s … Continue reading “How did Japan, Alstom, Toshiba, HTC and Taiwan’s panel industry collapse?”

How does BlackRock, the world’s largest index and asset management company, make money?

BlackRock’s AUM like index trackers and ETFs top $9 trillion by mid-2023

There are indeed monopoly in this world

There are indeed monopoly in this world, Buffett said that a moat is the competitiveness of a business economy. Most companies have many competitors because a profitable industry attracts competitors to join in for a piece of the pie.

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