Ep 367. Fed Funds Rate, Celsius Deal, FCF + Growth, Bargaining Power, & The Best Business Advantages
Focused Compounding
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Is Growth the Biggest Danger in an Industry?
Growth and number of customers is usually the big danger in an industry. It's hard if an industry grows with the number of customers really fast, because there's no loyalty there,. Supermarkets have been well established for a hundred years. The biggest risk is always lots of new customers. Those are the riskiest industries to get into.
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