4min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

Classic 14: One Up on Wall Street

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

The Best Companies in the Low Cost Industry

The greatest companies in lowsy industry share certain characteristics. Low cost operators and penny pinchers in executive suites. They avoid going into debt. Their workers are well paid and have a stake in the company's future. Pompous board rooms, overblown executive salaries, demoralized rank and file. Executive indebtedness and mediocre performance go hand in hand. Modest board rooms, reasonable executive salaries and a motivated rank and file and small debts equals superior performance most of the time. Boring name: People don't want to tell their own borng stocks, they usually do good. The boring stocks spin offs that' It also something thats doing well. And love this concept, because

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