1min chapter

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

RWH013: Move Slow, Win Big W/ Thomas Russo

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

The Importance of the Capacity to Reinvest

Nestle invested in Espresso, a home-delivered coffee serving kit. The product was canceled by the chairman several times along the way. Nestle did not break even for 15 years on this. That's a great example of this importance of the capacity to reinvest.

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