Clear and broad at the same time. A Times Square McDonalds store and a country town uniform shop fall under this umbrella. Cut off is “would an investor buy eq

Clear and broad at the same time. A Times Square McDonalds store and a country town uniform shop fall under this umbrella. Cut off is “would an investor buy equity for growth”. Some people own say 5 mcdonalds franchises: the owning business might be a growth one if they are planning to expand. Might be lifestyle if they don’t. Dynamics matter as much as a static snapshot view. Might be a middle ground but I think it is small. Coops for example.