2min chapter

Animal Spirits Podcast cover image

Long Global, Short USA (EP.251)

Animal Spirits Podcast

CHAPTER

Those Profit Margins Are Mean Reverting

i don't know how you could say. Because every thing that can be done with tekhnile, someone is going to try to turn into tech business to make it more efficient. And if we're dealing with a labor short it sticks around for longer than people think. i want to get into the labor market at imint here,. companies ae gong to have to use more technology to become more efficient. Theye nt have no choice. So when i was at disney, i forgot to mention this, no housekeeping. We were there for a week. The only thing they did was changethe soap and champoo in the bathroom and refill the coffee machine.

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