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#16: Tobias Carlisle on Beating 'The Little Book That Beats The Market'

Superinvestors and the Art of Worldly Wisdom

CHAPTER

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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