Bearish on Kodak — obsolescence destroys long-term holdings
I use EASTMAN KODAK as an example of how technology can effectively end whole businesses over time, reinforcing my view that many public companies won't persist for multi‑decade retirement horizons.
Kodak's film business collapse illustrates how technology disruption can erase entire industries, undermining the case for holding individual stocks across multi-decade retirement horizons where corporate survival cannot be assumed.
Publish-day $11.25 · 04/03
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