Here's the recap from this week's Twitter spaces as the crew (@mos_capital @paulcerro @youngmoneycapital) opined on how inflation will impact various businesses.

Paul & I see eye to eye when it comes to grocery stores. They are attractive in an inflationary environment because they are distributors who are able to pass on the costs to the end customers & actually benefit when consumers seek discounts. A bargain shopper is much more likely to purchase the store branded food items (higher margin for grocery store).

Simon & Young Money make really good points when they mention their desire to seek capital light businesses. I particularly enjoy the notion that some businesses are agnostic to whether there is or isn't an inflationary environment since they are taking a fixed fee % of each transaction.