A deep local presence can confer competitive advantages in industries with low entry barriers. Rollins typically commands the largest share in its markets, allowing it to service more houses per technician outing than competitors, resulting in greater labor productivity and scale economies on marketing and branch overhead. Fastenal clusters its stores near customers, permitting steady […]
Category Archives: [WSO] Watsco
[SSD] Simpson Manufacturing
what did Warren Buffett see in Simpson Manufacturing?
The next time you find yourself at the site of a half-built home, direct your [...]
Continue reading →[WISE] Wise plc
Wise and the business of cross-border transfers: part 2
Related post:Wise and the business of cross-border transfers: part 1I concluded part 1 describing how, [...]
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Continue reading →[WISE] Wise plc
Wise and the business of cross-border transfers: part 1
Every year, consumers the world over move ~£2tn across borders, with roughly 2/3s of that [...]
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Continue reading →[AEP.V] Atlas Engineered Products
[AEP.V] Atlas Engineered Products
(taking a break from building products after this. Up next: a 2-parter on Wise)In part [...]
Continue reading →[BLDR] Builders FirstSource
Building materials: part 3a (BLDR, AEP.V)
Related posts:Building materials: part 1Building materials: part 2a (LPX, JHX)Building materials: part 2b (TREX, AZEK)In [...]
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