The Ferrari stock business model

Ferrari debut on the Milan stock exchange. (Image: Getty)

Sat, 06 Jul 2024

I have talked about "investment frameworks" before. I have three key large building blocks and lots of smaller subgroups within those: moats (IP, pricing power, barriers to entry, etc.), themes (brand power, TAM opportunity [total addressable market], digital, etc.), and change (market structure, management, product, etc.).Let’s discuss one part of a business model – a worked example of something close to my heart.I was fortunate enough to be involved in the initial public offering (IPO) of Ferrari (ticker: RACE) in Octobe...

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