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Investigate the competition thoroughly from "summary" of One Up On Wall Street by Peter Lynch,John Rothchild
When it comes to investing in a company, it's crucial to thoroughly investigate the competition. This means taking the time to understand who the company is up against in the market, what their strengths and weaknesses are, and how they are positioned relative to the company you are considering investing in. By doing this kind of research, you can gain valuable insights into the competitive landscape and make more informed investment decisions. For example, if you discover that a company's main competitor has a stronger brand presence or a more efficient supply chain, it could impact your confidence in the company's ability to succeed in the market. Additional...
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