oil infrastructure
1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Jan 23, 2021 by David Friedberg · across every show →
Everything said about oil infrastructure, oldest first
Jan 23, 2021 neutral
Friedberg: Low capital needs in software yield higher returns for capital over labor
“It's very little capital to build a highly valuable software business. It required a lot of capital to build oil infrastructure and railroad infrastructure and factories. And so to your point, you get extraordinarily different outsized returns today than you d…”