Re: Think like a bank
Interesting.
His comment on how even though the Japanese economy was booming real hard, there weren't many companies earning high return on equity.
So if I understood correctly:
Japanese have a bunch of average companies doing well but none of them are doing exceptionally well?
I'd like to know how far into the future the best companies in the world have planned out. The best American companies, the best Chinese Companies, the best european companies. I hardly doubt they plan no more than 5 years into the future.
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