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by lionheart 1973 days ago
I feel like this is the popular sentiment these days but I don't fully agree.

I've seen so many companies spend themselves to death and its easy to have it happen much faster than anybody in charge realizes.

I've also seen companies grow expenses as things go well and suddenly there's a massive downturn in the market and they can't recover in time. Meanwhile, more frugal companies have the runway to weather unexpected events.

So I still think there's more value in frugality than is generally accepted.

1 comments

frugality but not cheapness