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Matt Cochrane - Moats and More

The Business Brew

CHAPTER

Investing in a Stock Like Johnson & Johnson Coca-Cola IBM McDonald's Walmart Walmart

Think if I were him uh I would I don't agree with what he's doing but I think I can understand it I do. If you bought Johnson & Johnson in 1972 at the peak you didn't see any returns and for six years or five years  you're living through five years of like why did I buy this stinker? IBM is there now right where they started this long decline and never recovered, that's what you know if you're in never sell you have to be careful ofYeah so you have to balance that every great company will see downturns every greatCompany will see volatility'

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