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Finance | The Industry of Uncertainty S04:E04

Pirates of Finance

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Is 20 to 30 the Right Number?

There's still a lot of luck in it in only 20 to 30 stock portfolio that people don't realize. The idea of lean manufacturing really came out of Japan as a post World War II evolution. Stanley black and Decker, you probably know, at least the black and Decker side of that merger, had 140,000 individual purchasing items, 85,000 of which represented under 2% of their sales.

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