Investors love businesses with high gross margins &amp; low product costs. But many ignore the BILLIONS spent on SG&amp;A (marketing, employee salaries, overhead, etc) that sustains those margins

Here are 10 popular stocks and their SG&amp;A as a % of revenues 🧵 👇

1) $UBER 67% ➡️ 17% 🤯 https://t.co/eLQ6ZzRCBC