
Ep 365. Finding Moats: Market Power, Customer Behavior, Substitution, Distribution, and Margin Protection
Focused Compounding
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What's Going on With the Toilet Paper?
i just think that there's certain behaviours that people have, thouht. We can see through actual not through reasoning, how people have used this and how little it changed for such a long time. If someone comes outt with a report that says something differently about how m their customers teyre going to be a using things, that's much harder to figure out whether that's true or not. Most of the things that i see in wright up, i rely a bit more on thatn an economic theory in trying to say that, how close is this model of the thought experiment to the actual reality that we have here? Applying the theory to that, im instead of
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