#16: Tobias Carlisle on Beating ’The Little Book That Beats The Market’
Superinvestors and the Art of Worldly Wisdom
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The Value of Mean Reversion in Corporate Profit Margins
Corporate profit margins are just so high and they have been you know for a long time. Buffett has been wrong about over the past 15 years 17 years well what are your thoughts about sustainably high profit margins today? I do think that there's a within that sort of bigger cycle there's a smaller cycle which is why profits seem to be pinned up very high right now.
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