
Ep 361. Recent Inflation Print, Bear Market, and Focusing on Settled Industries
Focused Compounding
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What's the Best Super Market in the World?
In theory, economists think of it as sort of like a the same factors are facting. Think porters five forces are a good way to think about it no matter what. But i think you have to be careful because a lot of times the degree of similarity of the firms is not as great as an economic theory. Soesisay, in that example, was the product very expensive, right? So the product is more expensive. The bigger one is, if it's priced at the same level, right? It has to be priced much higher, because your turns are much lower. This is what we talk abot with like super market. And what sort of a a bargain power
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