franchise value
1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Jan 23, 2018 by Michael Mauboussin · across every show →
Everything said about franchise value, oldest first
Jan 23, 2018 negative
Mauboussin: Only pay for franchise value in stable, low-churn industries
“You don't want to pay for you know, huge amount of competitive advantage.
In an industry where there's a ton of entry and exit, where market shares are very volatile, and by contrast, you might be much more willing to pay for franchise value for an industry w…”