PJ Kurzweil on Spectrum Brands SPB
Yet Another Value Podcast
Is There a Barrier to Entry?
I think spectrum as a whole, likes to play in certain niches where they have a good position. So lower barriers to entry, but still hig tene margins. Once you get a dog and you start giving it treats, like they do, play lot in treats. The nice thing is that's really renewable. And you tend to want to give your dog the same thing.
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