《HEICO Vs. TransDigm: Whose Aerospace Monopoly Is Better?》
HEICO 的业务质量优于同行（杠杆更低、管理层利益一致、护城河持久），但随着市场将这一质量计入价格，其面临估值风险。
所以我们在那次对话中得出结论，Hiko 是比 Trans Nine 更高质量的企业，但我们并没有真正深入探究具体原因是什么。但我承认，我并没有那么详细地研究过 Hiko。
So we concluded in that conversation that Hiko was a higher quality business than trans nine, but we didn't really dig into specifically why that is. But I admittedly have not looked into Hiko with as much detail.
Hiko 的三个知名竞争对手是 General Electric、Pratt and Whitney 和 Rolls-Royce。
three of Hiko name competitors are General Electric, Pratt and Whitney and Rolls-Royce.