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I think it's worth seeing how the breakdown turns out between the survivors and failures. Are the losses concentrated in a small number of major train wrecks or
by hkmurakami 11y ago
I think it's worth seeing how the breakdown turns out between the survivors and failures. Are the losses concentrated in a small number of major train wrecks or dispersed evenly? etc.
- DavidHm 11y agoThat makes sense, I would be interested to seeing that too. For the purposes of assessing the industry's profitability though, we cannot exclude them - if losses are because they were badly run and lost market share to other players, then their losses will be offset by the survivals (who then buy them out).