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It might. He talks about revenue but not about profit. So we dpn't really know much about his costs, aside from him mentioning that he was spending a meaningful
by rpeden 8y ago
It might. He talks about revenue but not about profit. So we dpn't really know much about his costs, aside from him mentioning that he was spending a meaningful amount on insurance.
It could very well be that acquisition cost was quite reasonable, and he may have talked about this elsewhere. I just don't think the IH interview tells us enough to know for sure one way or the other.
- simonswords82 8y agoHe's published a huge amount of detail about revenue and costs, his profits aren't enough to sustain a family. I say that with the greatest amount of respect for the man by the way, he's super super smart and I love his writing.