Charlie Munger on the Retail Business

From The Snowball Page 288

"Retail is a very tough business. Practically, every great chain store operation that has been around long enough eventually gets in trouble & is hard to fix"
Advertisements
This entry was posted in Buffett, Investing and tagged , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s