Bes by is one of my favorite types of retail company stories, because people have been writing this one off for well over a decade. Over the past decade, best buy has averaged a return on capital of 19 and a half % as per cap i c, well above their cost of capital. And poky best by that everyone knows is amazon show room. That's going to go away, just like gamestop, right? Howd that work out? A ten year annual return with dividends reinvested, 18 point six percent annually. Ifyou happen to pick it up at its low in december of 20 12, you are sitting on a 26 point eight% annual return

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode