Free Cash Flow

I think the macro over the next 5-10 years will result in a stark bifurcation between the companies that serve inflation proof customers and those that are reliant upon normal prices

Said another way, all else being equal — the key variable for evaluating companies will be the price sensitivity of their customers

I didn't even realize Big Lots was still in business. You'd think places like this and dollar general would thrive, as budgets are squeezed, but I see your point in the original cast. It's not great...