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Emotion, Objectivity, and Investing

The Jacob Shapiro Podcast

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The Rail Strike Is Quite Unique

The rail strike is somewhat unique, because the railroads have been pursuing a very specific strategy that really has emerged out of the fact that they are monopolies. The shippers themselves have been going after these railroads for this behavior. And now labor is really beginning to organize and get itself together. I don't see what the sort of, ah, what the what exactly they agreed in the deal,. But this is unlikely to be a problem that gets better very quickly, specifically in the railroad sector.

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