tag:blogger.com,1999:blog-7169279.post5699704799320042735..comments2023-11-24T03:20:02.361-07:00Comments on Tufte's Economics Classes Blog - A Living Textbook: Are Restaurant Chains Recession Proof?Dr. Tuftehttp://www.blogger.com/profile/17397586052171706438noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-7169279.post-24572323258635261372015-04-02T17:56:25.301-06:002015-04-02T17:56:25.301-06:00Pedro: 100/100
I think that certain classes of re...Pedro: 100/100<br /><br />I think that certain classes of restaurants may very well be recession proof.<br /><br />But the aphorism going through your mind should be something like past performance is no guarantee of future performance.<br /><br />Industry performance in a recession is very much like beta in stock-picking. Firms cluster around a beta of one, indicating that they move with the Dave Tuftehttps://www.blogger.com/profile/14877686358267438045noreply@blogger.com