
Ep 361. Recent Inflation Print, Bear Market, and Focusing on Settled Industries
Focused Compounding
00:00
Is It a Natural Progression of a Maturing Industry?
Economies of scale and network effects are part of it. Companies choose to pursue a strategy that focuses on growth rather than lowering their costs. It's not necessarily that tie to technology. For instance, you see it with crewships. Ah, but you also in things like em you know, i with em western unionan and money gram isefth with them. But then there's also things that aren't technology based. And you see the same pattern iti a lot of those are network so it has something to do with that fact.
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