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Grant’s Current Yield Podcast
Is the Appliance Industry a Deflationary Good?
I think the probability is that things go back to a more competitive, less bumper profit world, probably lie in or in our favor. Have you been amazed at how quickly so many investors have basically accepted that we're in a new paradime for so many of these companies? I mean, appliant, whirlpool is a great appliance maker, but the appliance industry is kind of a mediocre industry. They were better businesses for a couple of years, and i think it's more likely than nhot that they return to being the businesses they were for a long time. And your point about appliances being deflationary is well taken, i think.
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