increasing returns
1 statements across 1 episodes · 1 bullish · 0 bearish · 1 people on the record · first statement Jan 23, 2018 by Michael Mauboussin · across every show →
Everything said about increasing returns, oldest first
Jan 23, 2018 positive
Mauboussin: Network effects create increasing returns that defy economic mean reversion
“So we're taught in economics, microeconomics, and by the way, it's still largely true that, Returns on incremental capital tend to migrate toward the cost of capital, and typically the reason for that is competition, right? If you're generating, Shane, massive…”