Ep. 1099: The Invincible Company and Dark Data with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Cash That You Have Will Survive
A lot of companies could have had that cash, and they don't. Apple's business model will survive because it's an incredibly powerful business model. If you've defined yourself by your industry, you're not going to survive for long. So i like to say that companies that focus purely on efficiency and cost cutting are getting better only at what already good at.
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