Ep 365. Finding Moats: Market Power, Customer Behavior, Substitution, Distribution, and Margin Protection
Focused Compounding
00:00
Is Scale Helpful?
There are still some disadvantages to the scale. For instance, what does it benefit me to advertise in other places? It doesn't. However, scale on a national basis is hugely an advantage for the brands that are in the stores.
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Transcript
