3 ms·
I guess I read it more as valuations get bloated which makes the returns more difficult but not that business profits themselves are "harder" to get in an effor
by entangledqubit 7y ago
I guess I read it more as valuations get bloated which makes the returns more difficult but not that business profits themselves are "harder" to get in an effort per unit sense.
- ikeboy 7y agoIt's talking about consumer spending, which would affect business profits potentially but not business valuations directly.