Polymath Investor
@polymathinvest1
Don’t apply the same heuristics to every industry.
A “good” margin in software may be impossible in retail.
A “low” margin in grocery may be normal.
A “strong” bank quarter may be hiding under-reserved credit losses.
Context is everything.
A “good” margin in software may be impossible in retail.
A “low” margin in grocery may be normal.
A “strong” bank quarter may be hiding under-reserved credit losses.
Context is everything.
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