Karim Rahemtulla, Head Fundamental Tactician, Monument Traders Alliance A monopoly is the best... but a duopoly comes in as a close second. There are few global industries that are controlled by just one or two entities. It's a testament to the spread of capitalism around the globe. Back in the 19th century, the rule of the day was to control a market and mint money. The 20th and 21st centuries are proving to be more challenging - unless you are either Boeing (BA) or Airbus (EADSY). These two companies dominate the aircraft manufacturing industry. No one else even comes close to their almost complete domination of the world's commercial and cargo plane market. And now, thanks to the pandemic, poor quality control and a couple of really horrific accidents (as well as management's poor response to all of those things), you have the chance to buy into Boeing on the cheap. |
No comments:
Post a Comment