Why Are Developing Market Conglomerates so Common?
Plus! Xtivision; Covid Redistribution; Pricing Power; Institutional Landlord Competition; Defeating Duration
In this issue:
Why Are Developing Market Conglomerates so Common?
Xtivision
Covid Redistribution
Pricing Power
Institutional Landlord Competition
Defeating Duration
Why Are Developing Market Conglomerates so Common?
In most rich countries, the default structure for a company big enough to be publicly traded is that it's either in one industry, or it's verticall…