Data Update 1 for 2021: A (Data) Look Back at a Most Forgettable Year (2020)!
Musings on Markets
JANUARY 9, 2021
That said, it does mean that any broad conclusions (about profitability and revenues) that emerge from my data apply to public companies, and it may be dangerous to extrapolate to private businesses, especially in a year like 2020 where private businesses could have been affected more adversely by COVID shutdowns than public companies.
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