
Ep 358. Elasticity of Demand, Snap Judgments, Capital Allocation, and Judging Growth Capex
Focused Compounding
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What Do You Think About Walmar Target?
I think they've grown for a long time by trying to have key prices really low compared to their competition. But certain business models like welmar and target could run into some real problems if they don't. It's kind of part of their strategy to keep a very tight focus on not increasing prices. There hasn't been as much inflation in what's sold at walmar target as there is in the economy over all. Like services, stuff, sticky inflation that i talk about all the time, that that stuff always ran higher.
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