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Ep 400. Where Does Your Return Come From: Yield, Growth, and Multiple Expansion, and the Difference Between Speculation and Investing

Focused Compounding

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Investment Potential of British American Tobacco and the Impact of Inflation

Analyzing the investment potential of British American Tobacco, including factors such as PE ratio, cash flow, return on equity, asset growth, revenue growth, and gross margins. Comparing it to other tobacco companies, considering debt situation and future earnings potential. Discussing challenges of declining unit volumes, increasing prices, good capital allocation, and the impact of inflation on investment decisions.

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