Railroads are responsible for transporting 30% of the goods that we use each year. It would cost an estimated trillion dollars to reproduce the Class 1 railroad networks that have been built over the last 150 years. Union Pacific is a really nice company, 2.7% dividend yield. They've paid dividends on their common stock for 123 consecutive years. That's the kind of stability that certainly some more conservative or older investors look for.
Investing doesn’t have to be complicated. Buy a business with a wide moat and hold it for a really long time. Mary Long talks with Ron Gross about: - How to tell if a business is a monopoly - Laser-focused companies that have fended off competition - Monopolies in railroads, trash, and surgical robots
Companies discussed: MSFT, WDFC, META, GOOG, GOOGL, DUK, UNP, WM
Host: Mary Long Guest: Ron Gross Producer: Ricky Mulvey Engineer: Dan Boyd
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