
Ep 358. Elasticity of Demand, Snap Judgments, Capital Allocation, and Judging Growth Capex
Focused Compounding
00:00
Do You Reduce Your Prices?
In the early days of covet, their models would tell them to cut prices. But there's a point where they realize air lines to but hotels realize that cutting your prices beyond a certain point is doing absolutely nothing. And i think what walmart and target probably din't realize is that their lack of real demand has to do with people being exhausted in terms of real units purchased. So you would like to see y we spoke about through cove.
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