EP 313. How to Judge and Research an Industry
Focused Compounding
00:00
Is That What You're Looking For?
An industry could be good or bad. If you find the right point and buffet, it can go either way. Most towns startd out with three, four, five papers. They all end v going down to two, and most down to one. So the newspapers aren't inherently a good business, but they're good business when there's only one left.
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