AmiSight 6/9: The Billionaire Who Loves Boring Businesses

I recently read a Wall Street Journal article about Fernando De Leon who built a multibillion-dollar empire by investing in businesses most people ignore—dental practices, veterinary clinics, insurance, and other essential service companies. His philosophy is simple: look for fragmented industries, challenge accepted assumptions, and buy when others are pulling back.

It's a reminder that you don't need to chase the next hot trend to build wealth. Some of the best opportunities are found in stable, recurring-revenue businesses hiding in plain sight.

Webinar of the Week

Join Tracy Bech on Thursday, June 11, 2026, from 1:00–2:00 PM ET for an insightful webinar, Unpacking Profitability - The 3 Levels of Profits and Which One to Focus On.

In this session, we’ll break down the three distinct levels of profit every business generates and explain why focusing on the wrong one creates false confidence, cash stress, and bad decisions. You’ll learn which profit level actually funds growth, protects the business during downturns, and matters most to lenders and buyers.