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Ep 358. Elasticity of Demand, Snap Judgments, Capital Allocation, and Judging Growth Capex

Focused Compounding

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Is Devida or Stella Jones a Better Investment?

Companies that grow assets are likely to have worse returns in the future than they do currently. Will be interesting how it affects both devita and how it affects stella jones. It's like buffet ays about being at a parade a everyone stand on their tiptoes. That may also be what as hapening with amazon too. Maybe a lot of other companies ware doing the same thing, thinking the same thing,. wilemart and amazon are doing the same things at the same time. And so you don't have big miscalculations in the possibilities of big miscalculated businesses. So we're talking about capital ocation. Would you rather see a situation

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