Waste management owns about 260 landfills and 340 transfer stations around the country. It's a relatively recession-proof business because even in the heart of the pandemic, we were still producing plenty of garbage. They've increased their dividend for 17 consecutive years. The yield is about 1.7% right now, which is not astronomical.
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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