Rational investing for financial independence
Introduction and summary: This is what makes Kone, a Finnish elevator company, a potentially good investment: The industry is close to an oligopoly – just four major global players: Otis, Schindler, Kone and ThyssenKrupp (in this rank based on sales). (About 15 years ago all companies were fined for price cooperation.) I believe the four players are unlikely to underbid
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