Union Pacific returned about $10 billion to investors last year. The company may need to pull back on that and up their cap X spending, especially to address some of these safety issues as we discussed. This is another relatively low multiple company trading at 17 times forward earnings.
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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