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The week's question
In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Personal Finance / Macroeconomic Trends & Risks
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Author: sleepydragon ✶  😊 😞
Number: of 4582 
Subject: OT: AJG vs MSCI
Date: 08/30/24 3:23 PM
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Dealraker has mentioned insurance brokers are the best business because they are a crucial component of the industry but need little capital investment.

I think MSCI is similar. In the age of passive index and quant trading, MSCI basically have the products that will never be outdated. It’s even a better business than S&P global, because MSCI indices have more growth ahead and have higher margins. Barra risk models are also Essential because it’s an industry standard now to view risks using a standardized model. S&P on the other hand sell a lot of data that are less moaty and they had to reduce prices of their data every year.
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This community has written 21,861 posts about Berkshire Hathaway. The article-length ones it recommended most:
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