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Mars Inc. (the chocolate story)

11882.937 - 11910.213 Ben Gilbert

I think for the biggest businesses in the world, it's these businesses that operate at high gross margin in very large markets. where you basically can build out a massive, massive fixed cost base and then have great operating leverage. Can you amortize your high margin sales in huge volume across a comparatively small fixed cost base? Manufacturing businesses are like that.

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