Ep 361. Recent Inflation Print, Bear Market, and Focusing on Settled Industries
Focused Compounding
00:00
What Is the Best Way to Plan for Long Term Growth?
Long term planning becomes very difficult to do. Anything that you have relatively non specialized forms of capital can be converted back into cash y quickly, and that you can adjust on a short cycle. So the hardest thing to be rational about and to be correct about in the long term is anything which involves a lot of am a investment in long term assets that are specialized.
Transcript
Play full episode
