094 Versus “The Gathering Darkness,” Part 3 – Support Ownership of Great Businesses By Understanding The Rational Refusal to Lose Money

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Join me, Jonathan DeYoe, on a journey of financial acumen in the latest episode of Mindful Money, where we unravel the secrets to amassing wealth in the face of global economic tremors. With a deep dive into the remarkable resilience of profit-driven corporations, like the hotel behemoth Marriott International, we illuminate how they navigate through storms like the COVID-19 pandemic with strategic finesse and emerge even stronger.

In this episode, we discuss the art of placing money where it belongs, and how to extract the utmost value from life. We share stories that exemplify the power of informed financial decisions and the profound impact of possessing an 'adult memory' of financial history. This episode isn't just for seasoned investors; it's a clarion call to artists, authors, entrepreneurs, and advisors alike who yearn for financial serenity and aspire to enrich their lives beyond measure.

This discussion promises to arm you with the investing strategies necessary for profitability and financial security in today's world of burgeoning government debt. My heartfelt appreciation goes out to every listener joining us on this journey. Your time is precious, and I'm honored to share these nuggets of wisdom that could very well be the compass guiding you to your financial North Star.

So tune in to Mindful Money, and let's discover how to preserve and flourish our wealth, even amidst global crises.

📺 Watch on YouTube

https://youtu.be/SHwG_UvBN_E

Key Takeaways

00:56 - The Characteristics of Profit-Seeking Businesses

07:11 - Profitability in Business Locations

13:06 - The Power of Benefit and Uniqueness

Tweetable Quotes

"Rational, profit-seeking businesses will choose to protect their capital, regardless of what that does to a community or a geography. They cannot be forced to do otherwise."

"The moment the mistake or the surprise are realized, the activities of the executives and the board of directors will be 100% focused on reducing the losses and returning to profitability. This is their job."

"Capital invested in businesses will remain invested in those businesses so long as it is loved and allowed to prosper. When it is no longer loved, it will leave and prosper elsewhere."

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