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Ep 382. Franchise Value, The Secret to Geoff Gannon’s Investing, and Analyzing Airline Stocks

Focused Compounding

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Do You Think Mean Reversion Can Be Underestimated?

Investors almost always underestimate mean reversion as well? Or how powerful it can be? I do think though that by industry, it's often hard, right? So like industry profitability sometimes holds up better. But knowing that you're going to continue to have growth in some things versus others can be difficult to know.

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