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Episode 040: Dr. Ed Yardeni, host Rick Ferri

Bogleheads On Investing Podcast

CHAPTER

The Difference Between Antipenerial Capitalism and Grone Capitalist?

I am an antopenereal capitalist. I do pretty well. But i'm not doing so well where i have extra money to hire lawyers and lobbyists to work with politicians in washington to try to protect my business. That's what it really gets down to, correct? Ye, politics. E, i mean, i don't get involved in politics. I get involved in trying to satisfy my customers. Whereas the crony capitalists have done so well that they forget that it was untrapaneal capitalism gave em their success and their wealth. It was their focus on their customers that made them successful. Sometimes it's better to let the market make the decisions, even if it's

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