Consumables
topic on 2 shows · 2 statements across 2 episodes
2 statements about Consumables, every show
Friedberg: Consumable and durable goods prices rarely drop after inflating
“And you raise your prices. You're not often going back and dropping your prices again. And you know, you have to have a catch up effect. For income and savings to make up for the increment in pricing. And that's really, you know, a key driver right now that th…”
Karp: Consumable goods share software attributes like high replenishment and recession resistance
“The reason I like consumables, just to take a step back, is it has a lot of attributes similar to software, where it's generally recession resistant, it's not cyclical, and it has a very high replenishment rate.”