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Where do you learn all this stuff?
by kaycebasques 9y ago
Where do you learn all this stuff?
- bsder 9y agoIn this instance, I knew a couple people who did solar installation businesses early on. They did very nicely with the uptick in business, but then sold out. All of them specifically cited the Chinese flood with causing them to cash out. They weren't prescient enough to predict the drop in actual reliability, but they could see very quickly that they were going to be the ones holding the bag on warranty claims with Chinese suppliers. And, if they didn't use Chinese suppliers, they couldn't compete on price. So, they just got out.