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10 ways to beat back inflation in 2023

Australian Finance Podcast

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Investing in Companies That Can Raise Prices

Some companies have the ability to increase prices at least to keep pace with inflation. Some terrible businesses cannot do that because they don't have a good enough product. If one coffee shop is next to another coffee shop and they sell exactly the same beans and they're just as good as another, you'll go to the one that's cheaper. We want companies that can- unless it's premium. Unless it's a premium coffee for whatever reason. But we'd rather own the coffee shop that does its own beans and has a good reputation than the one that’s just run of the milk.

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