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Ep 366. Microsoft + Netflix, Advice for New Investors, Buffett/Munger, and Testing Bargaining Power

Focused Compounding

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Are You at the Mercy of the Super Market?

The idea of bargaining powers so interesting to me, and maybe it's not talked about a lot because there's no formula really to it. Once you become a large national brand, that's not the case. Super markets could charge slotting fees, radio stations could charge to play your song. A media outlet has a lot of bargain power in whether you're able to access their audience. And shopping is the same thing as whether you can act cess their audience there.

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