Ep 368. Favorite Buffett Lessons, Yield Curve, Inflation, Management Teams, & Matching a Style to Your Personality
Focused Compounding
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Wages Don't Get Rolled Back, Really?
Too high wages, too many hours is a lot easier to roll back than too many people hiring people that you should hav hired in the first place. And yes, that's mostly the kind of thing that happens m during a boom. Ah, normally gets fixed when they replace the manager who hired them. But it's hard when tou have managers hired a bunch of people and made a bunch of decisions.
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