45sec snip

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#358 I had dinner with John Mackey, Founder of Whole Foods

Founders

NOTE

Control Expenses in Boom Times to Secure Lasting Gains

Focusing on expense management during prosperous periods is crucial for sustained success. Companies often neglect cost monitoring in boom times, driven by a false sense of security. Historical figures like Andrew Carnegie emphasized the importance of controlling costs, asserting that such savings are permanent and not subject to market fluctuations. Embracing a disciplined approach to expenses can secure long-term benefits even when business conditions are favorable.

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