4 ms·
A luxury product with high margins that is entirely reliant on branding, and on top of that has a long shelf-life and retailers buy in bulk. Great example! /s
by mattmanser 7y ago
A luxury product with high margins that is entirely reliant on branding, and on top of that has a long shelf-life and retailers buy in bulk.
Great example! /s
- smarri 7y agoAs are Berkshire Hathaway, Ford, Cisco, Amazon, Alphabet, Microsoft. But that's not the point, the point I'm making is a solvent business should have cash reserves.