
Ep 361. Recent Inflation Print, Bear Market, and Focusing on Settled Industries
Focused Compounding
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Are You Interested in Slow Growth?
If you were looking at this chart, would you say you would be interested in the slow, to know, growth, mature part of the industry. You've also written about how declining industries in general could be great, because that means declining competition. So kind of take me through how you pically think about it. Well, the best would be rapid growth, or somewhat rapid,. Not as rapid as young people, who more rapid than the economy. We invest in things tha are growing fastionanty. Economy over all, grows, but not similer growth ings. And like the most dangerous thing any industry is the possibility that your pool of customers will grow each year.
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