Should You Forget SiriusXM Holdings? This Stock Has Made Far More Millionaires.
SiriusXM Holdings (NASDAQ: SIRI) has attracted some big backers over its history, including Liberty Media's John Malone and Berkshire Hathaway's Warren Buffett.In some ways, it's easy to see why. SiriusXM has a monopoly in satellite radio, and its subscription business model could be highly profitable scale.However, one or two elements of a competitive advantage aren't the same thing as a complete one, especially as there are clear weaknesses to SiriusXM's business.Continue reading
SiriusXM Holdings (NASDAQ: SIRI) has attracted some big backers over its history, including Liberty Media's John Malone and Berkshire Hathaway's Warren Buffett.
In some ways, it's easy to see why. SiriusXM has a monopoly in satellite radio, and its subscription business model could be highly profitable scale.
However, one or two elements of a competitive advantage aren't the same thing as a complete one, especially as there are clear weaknesses to SiriusXM's business.
