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#15: Peter Atwater: Welcome To The 'Backlash Era'

Superinvestors and the Art of Worldly Wisdom

CHAPTER

The Driver of Underconfidence at a Social Level

The labor share of corporate profits has just been going down for the last several decades to, you know, record lows now. Who are the poster children of record high profit margins at the expense of labor? And it's these companies that we're seeing a backlash against right now with Equifax.

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