3 recession-proof ideas to do now in preparing for a recession.

Lesson #1: Anticipate instead of reacting.

Lesson #2: Have some courage.

Lesson #3: The best protection against inflation is your own earning power.

Lesson #4: The second best protection against inflation is a wonderful business.

Lesson #5: Companies that have low capital expenditures (CapEx) are wonderful businesses.

Lesson #6: Companies that have a brand as a competitive edge have pricing power.

Conclusion

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store