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Buffet Takes Buffet's Idea to a Whole New Level
A company that has a lot of intangible assets on their balance sheet, theyare actually protected more from inflation. And so that portion of the company's revenues that then support the balance sheet, sustaiment and things like that, that's what's impacted by inflation. Whereis, if, let's just say you had an intangible asset like a brand, or maybe digital media that you're selling on the inter net, or something like that, the price can just be simply adjusted to the inflated price. So that's where buffet kind of took graham's idea and took it to a whole new level.