Monday, 8 July 2024

By Ryan Dinse Editor, Crypto Capital and Alpha Tech Trader

[4 min read]

Dear Reader,

I have a friend who’s owned a number of successful cafes in his time.

I once asked him the secret to his success.

I mean, Melbourne’s not short in supply when it comes to cafes!

He replied:

‘Yes, there’s a lot of cafes. But the thing about Melbourne is that everyone wants to have breakfast at the same few places. You need to make sure you’re on that list to make it.’

That answer has always stuck with me.

And whenever I’m out and about, I can always see how true it is. One café buzzing, the one next door dead.

In analyst jargon, the distribution of customers isn’t even. It’s skewed heavily to the few success stories, while most others struggle to stay afloat.

As an investor, the same is true. The path to investing success is often a narrow one.

If you miss out on the few high flyers, then you miss out on the bulk of the gains on offer.

For example, check out this amazing chart…

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