Moderna, Rivian, Peloton, Wework (not factories but buying up real estate), Intel, TSMC, ASML. Even things like Backblaze buy up hard drives and data centers t

Moderna, Rivian, Peloton, Wework (not factories but buying up real estate), Intel, TSMC, ASML. Even things like Backblaze buy up hard drives and data centers to sell services to us in the future. Buying up thing to make more money later is the age old strategy. ------ Changing the balance of Growth vs Establishment is the biggest effect of inflation (and interest rates). Established companies like Intel can rely upon older factories if the new factory turns out to be a bad bet. Growth companies are 100% all in on future factories (or future equipment, like Backblaze).