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EP 332. Interest Rates, Inflation, and Macro Worries - Where Do We Go From Here?

Focused Compounding

00:00

The Best Thing to Own

A lot of businesses don't have returns on equity much above ten%. And if you're going to build something this year versus last year's be more than ten % higher. So having done it last year is better. You see that with car dealers. If they had a lot inventory, they have a one time, huge gain on that. But then if they turn around and now buy cars, then they've a, it f problems. That's the best things to ownwe they don't need to put a bunch of capaks back into the tollbridge. Best thing down.

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