The Best One Yet cover image

📉 “Another Big Short” — Michael Burry’s Voldemort bet. TJ Maxx’s all-time high. Fogo de Chao’s group dinner.

The Best One Yet

NOTE

Why Fogo de Chao is a Profitable Steak House

Fogo de Chio is a Brazilian steakhouse that makes twice as much money per restaurant, bringing in $10 million at each location. They offer unlimited salad and meat for $59 per person, which is cheaper than high-end steak houses. Fogo de Chio caters to large groups, serving 60% more guests than competing restaurants.

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