3 ms·
$800MM is a small business and $10BN is a small industry fyi.
by Riod 11y ago
$800MM is a small business and $10BN is a small industry fyi.
- vinceguidry 11y agoI never said it wasn't. The theme is small, entrenched industries that seem way bigger than they are. Hollywood seems so much bigger than it is because geopolitically, US culture exports are a big contributor to global goodwill. The watch industry is sheltered by old, old money, patronized by the kind of people who could comfortably buy up the entire industry if they saw the need. Market logic is a useful thing to grasp, but there are bigger things in the world than markets, and it's really useful to be able to understand how they work. What looks small often isn't. Bigger, better, faster, stronger are not the only rules the world lives by. There exist points at which normal logic upends and irrationality rules.