Berkshire Hathaway Chairperson Warren Buffett shares his insight on economics and the stock market. Segment aired in 2020.
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Franchises are bad business when you see the proportion of splits. An independent business would make more.
A Mcdonalds store averages a net income of 2.7 million with the average gross at 3.487 million.
The store owner gets $174k plus 5% of the profit margin. With the gross average that is $174k. So of the net profit of 2.7 million you work your store for, you are only getting only 12%. Your not a store owner you are a glorified employee.
BHHS IS DRAGGING BUFFETT INTO THE TOILET. BIGGEST MISTAKE EVER. GET RID OF IT.
You invest for growth normal market for peoples in community the recession bad. It is nearly look like the 2001 terrorist attack world trade and pentagon and later Trump attack the Capitol. All of these for recession.
The invest alway regard the community functioning or betray the community to earn big from low price stock or Pennies stock. We do not invest growth monies that have to do for bankruptcy to make companies lack fund to run
The price stock and usefulness of projects and developments and education and technologies it was not about errors and mistake to earn big. And by gold and silver and fake coin snd bit coin.
Hello dad how are you❤❤😅😅😊😊😊