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Ep. 763: Thales Teixeria Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Foundation of Gillette

Gillette uses many patents to build this moat. The problem with moats, Mike, is that they work too well. They work against the consumer's best interest over time. Until one day, somebody who had no experience whatsoever in making razor blades, one guy, a young guy decides to dismantle the system and sources products from a Korean factory. In a matter of two to three years, gets 55% of the market for online razors.

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