Post #7603 by Aussi on the Berkshire Hathaway board

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For example: to make money, you have to sell stuff. It's an imperfect metric, but not useless--in the long run profits, therefore value, can't rise faster than sales do.

Profits can't exceed sales, but profits can rise faster than sales. Assume 100 year outlook (fairly long run), sales flat, profit margin increases each year from 10% to 20% over 100 year period. i.e. profit rising faster than sales.

Probably semantics/definition around the word "faster".

Aussi

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