
Ep 361. Recent Inflation Print, Bear Market, and Focusing on Settled Industries
Focused Compounding
00:00
Why I Like Sottle Industries More Than Other Industries
The most important thing for if you can buy common stock is that it has low credit risks and that it has durability. industries that are not settled have more possibility, generally, that their durability may not be very good. We don't know in a lot of industryas if any of the companies have settled on a business model would be successful and durable. A just because a lot of people have signed up for something as customers doesn't mean they're necessarily making enough money to the companies to re invest over a long period of time.
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