"I don't get out of bed for businesses doing less than 50% gross margin, son."
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So we have all agreed amazon has many business lines over 50% gm? I get wal mart does too have some products over 50% but not as many for sure.
I’ll agree with that. Walmart definitely fewer if they have any? Costco, besides the membership is all 20% Margin max.
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Cool. And we have like one Costco and 200,000 software companies? I’ll take the latter as my playground! :-)
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You’re saying that you’d rather find high margin software businesses than the hay in the needle stack of good low margin businesses?
End of conversation
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