[FSV – FirstService; CWD LN – Countrywide plc] Scale Economies and Hard Realities: Part 1
Posted By scuttleblurb On In [CWN LN] Countrywide plc,[FSV] FirstService | Comments Disabled
Today’s post is part of a broader discussion about scale advantages: when they apply and to what degree. I’m addressing this topic in the context of rolled-up entities because, in my experience, it is here that scale advantages seem far too liberally promoted, even if they do sometimes apply with awesome effect. This write-up was [...]