Investors must remember that the ultimate goal is finding sustainable cash flows with decent returns in businesses, which should be weighed equally against companies trying to figure out what products should look like day-to-day due to consumer willingness to defect to competition.

normativepending

Speaker

Bogumil Baranowski

Evidence Quote

at the end of the day, we're trying to find cash flows, right? And if you can get sustainable cash flows with decent returns in a business that's almost absolutely not exposed to AI

Source

The $1 Trillion Supercycle Hidden in Plain Sight | Joseph ShaposhnikExcess Returns
Created: 8/12/2026, 6:14:37 PM

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