David Rosenthal: belief

Transcript context

…Okay. Let’s say he just did it for control and he didn’t think the math would pencil, which I don’t think is right, but let’s assume that. It’s been 60 years since they made that decision, so I am sure they have reaped plenty of benefits in operating leverage on having their own plant versus needing to pay all those extra little margin dollars here and there to Hershey’s. Totally. Forrest gives his Chicago plant managers a deadline of six months to start making their own chocolate in the factory. I suspect they turn profitable on this decision a lot faster than 10 years out, but there are obviously other reasons that Forrest is doing this too. One is the quality principle, which I really do think the quality principle is number one in Mars for a reason. If you really are serious about wanting to produce the highest quality products at a given price, you need to control all the means of production yourself. Anyone who’s serious about software should make their own hardware.…

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