source: https://awealthofcommonsense.com/2024/09/if-the-prices-are-wrong-you-should-be-rich/
I bought a Peloton exercise bike during the early days of the pandemic.
It’s convenient and the technology is pretty neat.1
But I never would have purchased shares in the company. I have a rule of thumb that anything new that’s fitness-related is a fad. I’ve seen far too many fad diets and fancy exercise equipment or videos come and go over the years.
John Foley, the former CEO of Peloton, didn’t s...