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Innovation Doesn't Matter (Here's Why)

The Joseph Carlson Show

CHAPTER

The Future of Fast Food

I do not think that 10 years from now, there's going to be humans taking your orders at McDonald's. The margins of Wendy's goes up, the profitability goes up. This could make it so a low margin industry suddenly becomes a higher margin industry. I am studying fast food right now because I do believe it's a category of stocks that will benefit dramatically from these innovations.

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