Great piece. Most MBAs learn this in b-school. This is wonderfully paired with this video (from Ray Dalio) --> which draws analogs to this process on the macro

Great piece. Most MBAs learn this in b-school. This is wonderfully paired with this video (from Ray Dalio) --> which draws analogs to this process on the macro / country level https://www.youtube.com/watch?v=xguam0TKMw8 https://www.youtube.com/watch?v=xguam0TKMw8