AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
3min chapter
Chris Bloomstran - An Update on Public Markets - [Invest Like the Best, EP.171]
Invest Like the Best with Patrick O'Shaughnessy
The Most Important Characteristics of a Leveraged Business
Businesses should be in terrific shape, unless they've just layered on too much debt. If the price level starts falling by two per cent a year, it's problematic for everybody. Companies like dollar general are to have a permanent, long tail fall off in demand. I think this three months period has going to wind up being incredibly disruptive for the economy....
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode