operating leverage
1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Nov 23, 2020 by Joel Greenblatt · across every show →
Everything said about operating leverage, oldest first
Nov 23, 2020 negative
Greenblatt's biggest mistake was misunderstanding operating leverage in a trade show company
“Operating leverage, I invested in a company that was a trade show company, where you could get unlimited space in Las Vegas, so it only cost them two dollars a square foot for the space, and they could re-rent it out for the trade show at 62 dollars. So the mo…”