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Advantages of scale are very important to which businesses succeed and which fail

Drawn from what Charlie Munger said

What Charlie Munger actually said

  1. Charlie Munger Warren Buffett's business partner and vice chairman of Berkshire Hathaway
    in terms of which businesses succeed and which businesses fail, advantages of scale are ungodly important.

    Where this was said

    ↗A Lesson on Elementary Worldly Wisdom As It Relates To Investment Management & Business (USC Business School, 1994)fs.blog

    c. 1994

    All 13 korrents from this piecethis one is 7th

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