There’s a useful concept that I don’t hear enough about applied in investing/business: https://en.m.wikipedia.org/wiki/Technical_debt …
Agree about it being a useful concept in software development. How does it analogize to other areas?
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Issues shoved under the rug, areas under-invested in to make short-term financials look better, etc.
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Got you now. Good point.
End of conversation
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I think it’s sometimes possible to notice when businesses accumulate the equivalent of technical debt that they’ll pay for later.
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It could also be cultural issues within the company that don’t show up in the filings but that will cause problems later on (Uber’s culture)
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