Ep 346. Q&A: Investing Mistakes, Holding Compounders, ROIC, FCF + Growth
Focused Compounding
00:00
How Much Will Growth Be?
For most companies that we're interested in, the capacity constraint is not the return on equity. The company can self fund its growth. As a result, the question is how much will growth be? And that's why I use the example of like over the counter markets. It's very important what the growth rate will be because it's not using capital.
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