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You have it backwards. Industries that are profitable are subject to disruption.
by boringg 3y ago
You have it backwards. Industries that are profitable are subject to disruption.
- Retric 3y agoWrong kind of disruption. If your profit margins are 0.5% then a tiny dip in demand, 2% spike in interest rates, or spike in steel costs etc can be devastating. If you’re a software company with profit margins over 40% then you don’t care much about rent etc.