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Averaging Up
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  • About
  • Mental Models
  • The Infinite Investor
    • Preface & Table of Contents
    • Chapter I: The Lie of the Average
    • Chapter II: Ergodicity and Behavior
    • Chapter III: The Foundation
    • Chapter IV: The Four Buckets
    • Chapter V: The Lenses
    • Chapter VI: The Selection Process
    • Chapter VII: The Exceptions
    • Conclusion: From Finite to Infinite
Averaging Up

Month: June 2026

Visa vs Mastercard – Why the Market Pays a Premium for the Smaller Twin

Posted on June 1, 2026June 1, 2026

“Charlie and I always knew we would become very wealthy. We were just not in a hurry.” — Warren Buffett Listen to the deep-dive discussion – Why Visa is cheaper than Mastercard   Download the Slide Deck (PDF) The_Payment_Twins I. The Rarest Architecture on Earth Every business has two forces operating inside it. The A…

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